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Wednesday, May 23, 2012

DAILY: Auto sales forecast to rise 30% compared with weak May 2011 | Defunct auto supplier latest focus of Obama-Romney battle | Fiat and Mazda plan to jointly develop a roadster

DAILY NEWSLETTER May 23, 2012
 
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MAY U.S. AUTO SALES
Auto sales forecast to rise 30% compared with weak May 2011, research firms say
image New vehicle sales look set to rise almost 30 percent in May, the biggest gain in more than a year and helped by a favorable comparison to weak results a year ago, two research firms predicted this... ... >> story  Published: May 23 10:53 am U.S. Eastern time / UPDATED: 5/23/12 4:38 pm ET
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Defunct auto supplier latest focus of Obama-Romney battle
image The Obama campaign continued its assault on Mitt Romney’s record at Bain Capital today, as it said the investment firm that Romney founded was responsible for laying off nearly 1,000 employees at a now-defunct Michigan auto supplier. ... >> story  Published: May 23 4:23 pm U.S. Eastern time

Fiat and Mazda plan to jointly develop a roadster
New model will be sold by Alfa Romeo in the U.S.
Fiat Group and Mazda plan to develop and build a new roadster for the Mazda and Alfa Romeo brands, the companies said. The model will be a successor to the rear-wheel-drive MX-5/Miata and will have distinct styling for each brand. ... >> story  Published: May 23 1:50 am U.S. Eastern time [REG]
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  • Price Daily change 52-week high / low
    General Motors 22.13 +2.93% 32.08 / 19.00
    Ford 10.41 +2.16% 14.93 / 9.05
    Top Performers Price Daily change 52-week high / low
    Dana 13.71 +6.36% 19.00 / 9.45
    General Motors 22.13 +2.93% 32.08 / 19.00
    Tenneco 28.60 +2.58% 46.49 / 22.47
    Lithia 25.04 +2.46% 27.99 / 13.57
    Lear 40.55 +2.45% 54.90 / 35.60
    Bottom Performers Price Daily change 52-week high / low
    Hyundai Motor* 28.25 -3.75% 38.00 / 24.00
    Continental AG* 85.62 -2.87% 110.24 / 52.75
    Volkswagen* 30.65 -1.86% 39.43 / 21.88
    Visteon 41.30 -1.38% 70.48 / 38.32
    BMW* 26.27 -1.02% 35.30 / 19.13
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