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Monday, May 21, 2012

DAILY: Ford salaried pensioners face tough choices | U.S. economy buoyed with autos spurring glass-to-steel growth | Why GM spurned the 2013 Super Bowl

DAILY NEWSLETTER May 21, 2012
 
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Ford salaried pensioners face choice: lump-sum payout or monthly checks
image About 90,000 white-collar Ford retirees and the financial advisers who help them are facing a major decision: Continue to receive a monthly check from the defined-benefit pension plan, or leave the... ... >> story  Published: May 21 1:52 pm U.S. Eastern time
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Economy in U.S. buoyed with autos spurring glass-to-steel growth
image Car sales that are running at the fastest pace in four years are poised to reverberate through the world’s largest economy as a spillover into production, profits and jobs for Americans may be starting. ... >> story  Published: May 19 12:01 am U.S. Eastern time

NEWS ANALYSIS
Why GM spurned the 2013 Super Bowl
imageNot long after announcing that it will stop advertising on Facebook, General Motors said Friday it would not be a sponsor in the Super Bowl in 2013 either. What's going on here? ... >> story  Published: May 19 8:09 am U.S. Eastern time
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  • Price Daily change 52-week high / low
    General Motors 21.54 +1.70% 32.08 / 19.00
    Ford 10.20 +1.90% 15.17 / 9.05
    Top Performers Price Daily change 52-week high / low
    Tower International 12.32 +11.09% 18.33 / 9.45
    American Axle 9.02 +7.38% 13.08 / 6.77
    Tenneco 27.47 +4.65% 46.49 / 22.47
    Tesla 28.77 +4.39% 39.95 / 21.50
    Dana 12.87 +4.13% 19.00 / 9.45
    Bottom Performers Price Daily change 52-week high / low
    Denso* 14.99 -0.40% 18.72 / 12.86
    Hyundai Motor* 28.90 -0.17% 38.00 / 24.00
    Nissan* 18.96 +0.58% 22.23 / 16.18
    Toyota* 76.70 +0.84% 87.15 / 60.37
    Honda* 32.62 +1.27% 41.23 / 27.52
    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.



    KEITH CRAIN
    I'm going to miss that guy
    image I didn't get a chance to see Carroll Shelby as much as I would have liked, but I sure enjoyed our conversations. I'd pick up the phone and hear that distinctive Texas drawl of Carroll's, "Keith, how are ya?" Carroll, who died May 10, loved to gossip, and he always had some nugget that made me laugh Keith Crain is editor-in-chief of Automotive News. ... >> Read the column  Published: May 21 12:01 am U.S. Eastern time


    RICHARD JOHNSON
    Lutz/Poling: 2 ways of seeing the auto world
    imageIn the 1970s, when Red Poling was chairman of Ford of Europe and Bob Lutz was president, they each took the Myers-Briggs personality test and came out as complete opposites. Poling, who died last week, was 100 percent numerate. Lutz was a feel player Richard Johnson is managing editor of Automotive News. ... >> Read the column  Published: May 21 12:01 am U.S. Eastern time


    DAVID SEDGWICK
    Best solution to material shortages? Cooperation
    image Increasingly, automakers are finding themselves in a Darwinian competition for raw materials with other industries. Over the past couple of years, automakers and suppliers have been whipsawed by spot shortages caused in part by fluctuating demand in other industries David Sedgwick is a special correspondent for Automotive News. ... >> Read the column  Published: May 21 12:01 am U.S. Eastern time


    YANG JIAN
    Why China's auto market still has tremendous growth potential
    imageIt wasn't the new-car models that impressed me most at the recent Beijing auto show but the vast economically underdeveloped areas I saw as I traveled there by train. And that reminded me of the huge growth potential that China's auto market still promises after years of expansion Yang Jian is managing editor of Automotive News China. ... >> Read the column  Published: May 21 12:01 am U.S. Eastern time


     OBITUARIES
     Obituaries
    Information about David Edmark Sr., former president of Edmark Chevrolet in Nampa, Idaho, and Richard Resare, CEO of ShowMax Marketing in Los Alamitos, Calif. >> story  Published: May 21 12:01 am U.S. Eastern time

    Blog
    Would Wrangler design tweaks rile the Jeep faithful?
    LARRY P. VELLEQUETTE: Though I am no Martin Luther, I’d like to nail a note on the door of the Church of the Most Holy Jeep Wrangler. The design orthodoxy of the Wrangler -- the gospel of Jeep, as it were -- needs a tweak or two before the 71-year-old vehicle’s next makeover. ... arrow Read the blog  Published: May 21 3:06 pm U.S. Eastern time
    Blog  
    Ryan Beene is a reporter for Automotive News.
    Hyundai’s Shannon: Unlike GM, we won’t miss Super Bowl
    Ford wasn’t the only automaker last week to tweak General Motors. Shortly after GM announced it would not advertise during the 2013 Super Bowl telecast, Hyundai put out a statement saying it wouldn’t miss the opportunity to advertise in next year’s game. ... arrow Read the blog  Published: May 21 3:23 pm U.S. Eastern time
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