DAILY: Calif.'s tougher ZEV mandate sparks new market for clean-air credits | GM plans Chevrolet marketing tie-up with Manchester United | Ford says it boosted incentives in May after April cut

DAILY NEWSLETTER May 30, 2012

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Calif.'s tougher ZEV mandate sparks new market for clean-air credits Big burden on Toyota, Honda, Ford, GM and Nissan California is requiring the biggest automakers this year to sell increasing numbers of “zero-emission vehicles,” or ZEVs, such as pure-electric, plug-in hybrid and hydrogen-powered autos. ... >> story  Published: May 30 6:41 am U.S. Eastern time GM plans Chevrolet marketing tie-up with Manchester United General Motors is preparing to make a marketing announcement between its Chevrolet brand and Manchester United soccer team. A sponsorship deal would allow GM to promote its Chevrolet brand through Manchester United, the record 19-times English soccer champions. ... >> story  Published: May 30 5:19 am U.S. Eastern time [REG] Ford says it boosted incentives in May after April cut Ford said it raised incentives this month to boost U.S. sales after reducing them about $300 a vehicle in April. ... >> story  Published: May 30 1:09 pm U.S. Eastern time Follow Automotive News

... Auto stocks suffer as markets slump again on Europe concern ... American Axle is biggest loser after being Tuesday's biggest winner ... Price Daily change 52-week high / low General Motors 22.37 -2.10% 32.08 / 19.00 Ford 10.66 -1.66% 14.92 / 9.05 Top Performers Price Daily change 52-week high / low Hyundai Motor* 30.00 +4.53% 38.00 / 24.00 Denso* 15.00 +0.33% 18.72 / 12.86 Tower International 12.40 0.00% 18.33 / 9.45 Nissan* 19.00 -0.26% 22.23 / 16.18 Toyota* 76.34 -0.92% 87.15 / 60.37 Bottom Performers Price Daily change 52-week high / low American Axle 9.19 -7.45% 13.08 / 6.77 BorgWarner 72.74 -4.65% 87.45 / 54.59 BMW* 25.45 -4.54% 35.30 / 19.13 CarMax 28.14 -4.48% 35.17 / 22.77 Tesla 30.41 -4.04% 39.95 / 21.50 » 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 Ford moves ahead with Escape launch despite hail damage to 3,500 units   Ford sells ACH lighting operations in Ohio to unit of Flex-N-Gate   Chrysler vehicles will be sculpted by the wind, Gilles says   Judge may caution jurors in Toyota unintended acceleration suits about some witnesses   PSA denies it will expand layoffs in France     Jamie LaReau covers auto dealers for Automotive News. Pop culture delivers a black eye to the auto industry, dealers The auto industry's image needs all the help it can get. But that help is not coming from AMC's hit TV series Mad Men. A Gallup poll released in December showed that 47 percent of Americans rate the honesty and ethics of car salespeople as “low” or “very low.” Lawyers and stockbrokers were deemed more trustworthy. ...  Read the blog  Published: May 30 1:57 pm U.S. Eastern time Jim Henry is a special correspondent for Automotive News Dealers can't slide on customer credit-score notices A federal judge in Washington said last week that dealers must continue to provide notices to consumers about the use of credit scores in setting interest rates. That includes dealers who don't even look at the credit scores. ...  Read the blog  Published: May 30 12:01 am U.S. Eastern time

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