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Monday, April 09, 2012

DAILY: Why Hyundai's brand makeover has worked | Canada's dented auto union seeks new road map | Toyota aims to spice up cars with new development methods

DAILY NEWSLETTER April 9, 2012
 
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Why Hyundai's brand makeover has worked -- and rivals are noticing
image SEOUL/DETROIT (Reuters) -- Oh Kwang-teak recently spent $310 on a haircut and beauty care at a salon in Seoul's upscale Cheongdamdong district before splashing out $1,100 at a five-star hotel, which, if asked, will fill your bath with chocolate milk.
>> story  Published: Apr 9 2:37 pm U.S. Eastern time
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Canada's dented auto union seeks new road map
image OSHAWA, Ontario (Reuters) -- Bev McCloskey had only been working at General Motors for a couple of weeks in 1949 when word went out that there was trouble on the line.
It was her first strike, but not her last. In those years, McCloskey and the ...
>> story  Published: Apr 9 4:04 pm U.S. Eastern time

Toyota aims to spice up cars with new development methods
New framework would cut costs by sharing more parts
imageTOYOTA CITY, Japan (Reuters) -- Toyota Motor Corp. unveiled a new framework for vehicle development aimed at making its cars more appealing, while cutting costs by at least 30 percent through the use of more shared parts.
Since taking the helm three ...
>> story  Published: Apr 9 11:10 am U.S. Eastern time
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    KEITH CRAIN
    It must be springtime
    image By now we all have recovered from the automotive onslaught otherwise known as the North American International Auto Show in Detroit. It was a barrage of new products, concept cars and automotive executives from around the world.
    Some of us were lucky enough to squeeze in the Geneva motor show, so we have a lot of new products under our belt.
    But now it's time to kick off spring, when everyone traditionally heads for New York. Media days were last week at the New York auto show, which has a springtime position right along with Major League Baseball.
    After strong March sales, everyone is optimistic that the ...
    >> Read the column  Published: Apr 9 12:01 am U.S. Eastern time


    GREEN SHOOTS
    Pioneer's work fuels today's innovations
    imageIt's tempting to assume that development of high-performance cars -- not to mention race cars -- is contrary to automotive sustainability.
    Mark James, director of Lotus Engineering, begs to differ.
    The Norfolk, England, engineering firm couldn't be more steeped in racing lore. It was founded in 1952 by legendary British auto-racing pioneer Colin Chapman, and its sibling, Lotus Cars, won its first Formula One championship nearly half a century ago, in 1963, and the Indy 500 two years later.
    Chapman pioneered a raft of innovations such as monocoque bodies, ground effects and spoiler wings.
    Although Chapman's ...
    >> Read the column  Published: Apr 9 12:01 am U.S. Eastern time


    JASON STEIN
    Enjoy the boom . . . while it lasts?
    image NEW YORK -- What was that number that snuck up on us last week amid the buzz of product launches here?
    Sixteen?
    "Sixteen million," Mercedes-Benz USA boss Steve Cannon said in hushed tones last week at the New York auto show, speaking of 2013 prospects. "Sixteen million was like the mirage in the desert. It's no longer a mirage."
    Here's the reality in what has been a desert of bleak news these last few years: The industry is healthy again -- perhaps a bit faster than some might have expected.
    Credit is normalized. Leasing is on the way back. Capacity meets demand. And, funny enough, as gasoline ...
    >> Read the column  Published: Apr 9 12:01 am U.S. Eastern time


     OBITUARIES
     Obituary
    Information about Jack Montgomery Sr., who worked for Oldsmobile for 30 years. >> story  Published: Apr 9 12:01 am U.S. Eastern time

    Blog  
    James B. Treece is industry editor at Automotive News.
    Lingering lessons from a momentous 20th anniversary at GM
    Just over 20 years ago -- on April 6, 1992 -- General Motors' board of directors finally said, “Enough.” After watching GM's market share slide lower and lower, and the red ink pump out like blood from a severely wounded soldier, the outside directors took charge. ... arrow Read the blog  Published: Apr 8 9:04 am U.S. Eastern time
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