DAILY: Ally's financial problems festering after bailout | GM prices Cadillac ATS at $33,990 | Toyota RAV4 EV priced at $50,610 before tax incentives

DAILY NEWSLETTER May 7, 2012

» Tell a colleague about this newsletter    » Open this newsletter in a web browser    » Home page » Webinars » Contact Us ShareThis

Ally's financial problems festering after bailout Pressure mounts as mortgage unit considers bankruptcy NEW YORK (Reuters) -- In the fall of 2009, the board of GMAC, one of the largest U.S. auto and home-loan companies, gathered in New York to discuss whether to put its troubled mortgage unit into bankruptcy. GMAC, now called Ally Financial, was just ... >> story  Published: May 7 1:21 pm U.S. Eastern time / UPDATED: 5/7/12 3:39 pm ET - Treasury position updated Advertisement Audi Presenting at the TLS Automotive Social Media Summit Conversation to Cultivation – Word of mouth has always been important and Social Media has magnified its value - increasing the significance of cultivating fans. Loren Angelo, GM – Brand Marketing will explain how Audi has activated its fan base using Social and describe the benefits of cultivating followers into fans. For more info visit www.tlsummits.com. GM prices Cadillac ATS at $33,990 DETROIT -- General Motors will price its new Cadillac ATS at $33,990 including shipping, just below the German rivals that GM is targeting with the new sports sedan. The base price of the ATS, which goes on sale this summer, will be $1,805 less than ... >> story  Published: May 7 12:13 pm U.S. Eastern time Toyota RAV4 EV priced at $50,610 before tax incentives LOS ANGELES -- Toyota Motor Corp. today unveiled the production version of its RAV4 electric vehicle, which carries a battery pack and electric motor system developed in collaboration with Tesla Motors. The crossover will carry a sticker price of ... >> story  Published: May 7 3:11 pm U.S. Eastern time / UPDATED: 5/7/12 3:37 pm ET - more details added Follow Automotive News

... Automakers, suppliers mostly gain as U.S. indexes close mixed after Europe elections rattle markets ... Tesla, BMW lead automakers ... Suppliers Tenneco, Tower tumble more than 4 percent ... Dealers mixed ... Price Daily change 52-week high / low General Motors 22.41 +0.22% 32.68 / 19.00 Ford 10.66 -0.09% 15.37 / 9.05 Top Performers Price Daily change 52-week high / low Lear 42.65 +3.65% 54.90 / 35.60 Gentex 23.19 +2.07% 32.21 / 20.69 Tesla 32.47 +2.01% 39.95 / 21.50 BMW* 30.54 +1.60% 35.30 / 19.13 American Axle 9.63 +1.37% 13.08 / 6.77 Bottom Performers Price Daily change 52-week high / low Tenneco 28.87 -4.37% 46.49 / 22.47 Tower International 10.77 -4.01% 18.33 / 9.45 Linamar 18.97 -1.91% 22.79 / 12.67 Honda* 33.80 -1.43% 41.23 / 27.52 Group 1 53.83 -1.05% 59.97 / 33.31 » Check the latest automotive stock listings

Subscribe to Automotive News today! You are receiving the free registrant version of our newsletter. If you would like a more comprehensive version, purchase a subscription to Automotive News. If you are already a subscriber, please contact subs@crain.com to get the full version of our newsletter.  MORE HEADLINES Lexus distances itself from Toyota as it seeks to regain luxury crown   Toyota gets most Florida, N.Y unintended-acceleration claims dismissed   Chrysler, minivan heavyweight for 29 years, mulls next act   Ford-driven interiors JV with Faurecia is next test for minority supplier   GM, Ford rise in Fortune 500 rankings   Report: VW will launch two small SUVs   Used-vehicle prices ease in April, index shows   Former controller at Acura dealer in Pa. faces sentencing for wire fraud   Chrysler recalls 127,346 Dodge Chargers, Chrysler 300s in U.S., Canada     KEITH CRAIN We had all better learn about BRICS The Beijing auto show proved that the huge Chinese market is still a very important place for the world's automakers, even if some people think the market is nearing saturation. There are other emerging markets that will show lots of growth, though it is unlikely they will displace the traditional Western markets or China. But they are important and worth watching. Brazil, Russia, India -- along with China-- and now South Africa are expected to account for a lot of added sales. As those economies-- together known as BRICS -- develop, there will be plenty of consumers interested in buying cars, first used cars and low- ... >> Read the column  Published: May 7 12:01 am U.S. Eastern time  OBITUARIES   Obituaries Information about former Ohio auto dealer Jim Garrett and Winfield M. Hinkley, a longtime Ford dealer in Grand Gorge, N.Y. >> story  Published: May 7 12:01 am U.S. Eastern time Douglas A. Bolduc is managing editor at Automotive News Europe. Flying Lady 1, flying object 0 Rolls-Royce -- the automaker known for its Flying Lady on the hood -- forever proved to me and two others that the new Phantom is much more than just a luxury lounge on wheels. When asked to dart around an unidentified flying object, the Phantom performed perfectly. ...  Read the blog  Published: May 7 12:01 am U.S. Eastern time

WEBINARS MARKETPLACE JOB LISTINGS Building a Sales Dream Team: Recruiting Strategies to Identify Top Talent May 15, 2pm EDT Cost: $59 through May 8, then $99 This webinar will help you build a sales dream team using proven techniques practiced by the pros. Stay in the Action with Mobile Technology May 17, 2pm EDT Cost: Complimentary Let us show you how to keep your sale day organized all while standing in the lanes. F&I WEEK June 19-21 Complimentary The 2nd Annual F&I Week is designed to help you maximize F&I operations and profits, and increase customer satisfaction through live educational webinars, real time Q&A, and networking opportunities. All from the convenience of your desk! Hiring Top Service Technicians Using Non-Traditional Techniques Available On-Demand Cost: $99 This Webinar will challenge everything you know about advertising for the best service technicians and getting them hired. The Changing Service Loyalty Landscape Sponsored by DMEautomotive Available On-Demand Complimentary This webinar will showcase new research that topples industry myths and will have a dramatic impact on your service marketing strategy. Creating Online Videos to Engage Buyers Available On-Demand Cost: $99 Video is a critical component to building a successful dealership marketing strategy today. This webinar will focus on how to use video to drive organic search and how video can help with website conversion. Converting Online Visitors into Sales Leads Available On-Demand Cost: $99 You spend thousands of dollars every month to drive traffic to your website. Now learn to convert your internet traffic into sales. View More Webinar Archives On-Demand.   Increase your customer paid labor and parts sales Service Advisor Training   Empowering Consumers to Make Smart Buying Choices Autobytel   FandI Education and Compliance Leader. AFIP - Assoc. of Finance and Insurance Professionals   Electronic and no wires to test, tap or cut. The Widget   Provider of sales and financing solutions. CUDL   Match Smaller Payments to Paydays. Smart Payment Plan   OEM Parts Locator and Marketing Service PartsVoice   A software company dedicated to help manufacturers Apriso Corporation   ll Auto Auction Services Corporation   Full service auto finance company. AFS Acceptance   Durability-Clarity-Cleanliness-Safety Crystal Fusion SALES Representative: glocom Location: WA, United States ADMINISTRATIVE ASSISTANT: gm associates Location: PE, Canada ADMINISTRATIVE ASSISTANT: Fm Patel Location: VT, United States Porsche/Audi Technicians: Jaguar-Porsche-Audi Nashville / Sonic Automotive Location: Nashville, TN, United States Account Executives: AutoAlert Location: Unknown, NA, United States PDR Technician: Dent Wizard Location: NA, United States District Sales Representatives: American Honda Location: Unknown, VA, United States Sales Professionals: Zurich Location: CA, United States District Sales Manager: American Honda Location: Unknown, SC, United States Regional Sales Manager: CSO Location: NA, United States

Copyright © Automotive News                        Designed by Templatesbox.com

Automotive News is located at 1155 Gratiot Ave., Detroit, Michigan, 48207 If you wish to cancel your subscription to this newsletter click here