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Tuesday, May 22, 2012

DAILY: Ford's credit rating raised to investment grade by Moody's | Chrysler promotion delays 1st payment for 3 months | Tesla Model S deliveries to begin June 22

DAILY NEWSLETTER May 22, 2012
 
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Ford's credit rating raised to investment grade by Moody's
image Moody's Investors Service upgraded Ford's debt to investment grade today, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. ... >> story  Published: May 22 4:01 pm U.S. Eastern time / UPDATED: 5/22/12 4:40 pm ET - more details added
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Chrysler promotion delays 1st payment for 3 months
image Chrysler Group launched a sales promotion today that waives payments for 90 days on new 2012 vehicles. The promotion, which starts today and runs through May, is applicable to any Chrysler, Jeep, Dodge, Ram or Fiat model financed with Ally Financial or Chase Auto Finance. ... >> story  Published: May 22 2:33 pm U.S. Eastern time

Tesla Model S deliveries to begin June 22
imageTesla Motors said today it will begin delivering its Model S sedan to customers on June 22, identifying the date for the launch of the electric carmaker's most crucial launch yet. ... >> story  Published: May 22 9:41 am U.S. Eastern time / UPDATED: 5/22/12 1:52 pm ET - updated with crash test info
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  • Price Daily change 52-week high / low
    General Motors 21.50 -0.19% 32.08 / 19.00
    Ford 10.19 -0.10% 14.93 / 9.05
    Top Performers Price Daily change 52-week high / low
    Tesla 30.79 +7.02% 39.95 / 21.50
    Volkswagen* 31.23 +2.26% 39.43 / 21.88
    Nissan* 19.37 +2.16% 22.23 / 16.18
    Hyundai Motor* 29.35 +1.56% 38.00 / 24.00
    Tenneco 27.88 +1.49% 46.49 / 22.47
    Bottom Performers Price Daily change 52-week high / low
    Tower International 11.97 -2.84% 18.33 / 9.45
    Superior Industries 16.41 -1.56% 22.71 / 14.17
    Group 1 51.62 -1.24% 59.97 / 33.31
    Magna 41.55 -0.62% 54.44 / 30.03
    Sonic 14.99 -0.33% 19.05 / 10.11
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    Blog
    Cadillac's 'avalanche of new product' should reverse sales slide
    MIKE COLIAS: The sense of excitement (or is it relief?) is evident among Cadillac executives. Since putting the DTS and STS sedans out to pasture last year, General Motors’ luxury brand has been limping along with just three nameplates: the CTS line, SRX crossover and Escalade SUV. ... arrow Read the blog  Published: May 22 11:09 am U.S. Eastern time
    Blog  
    Mark Rechtin is West Coast editor of Automotive News.
    GM didn’t get how Facebook works
    Much as General Motors would like you to think its decision to walk away from Facebook is about the failure of clickable banner ads, it isn’t. GM’s failure is all about the banality of its paid content. ... arrow Read the blog  Published: May 22 10:30 am U.S. Eastern time
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