DAILY: GM-PSA steering committee meets, plans take shape | Honda wins reversal of small-claims loss over hybrid mileage | Ex-controller at Pa. dealership who stole $10M sentenced to 6.5 years

DAILY NEWSLETTER May 9, 2012

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GM-PSA steering committee meets, plans take shape DETROIT (Reuters) -- General Motors Co. and PSA Peugeot Citroen are hammering out agreements for the projects they want to tackle together as part of their new global alliance, including expanding the number of vehicles they will build on shared platforms. >> story  Published: May 9 3:52 pm U.S. Eastern time 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. Honda wins reversal of small-claims loss over hybrid mileage LOS ANGELES -- Honda Motor Co. won the reversal of a $9,867 small-claims-court loss to a Californian who dropped out of a class-action lawsuit and pursued her own claim that the company overstated the fuel mileage of its Civic Hybrid. Judge Dudley W. ... >> story  Published: May 9 12:49 pm U.S. Eastern time / UPDATED: 5/9/12 4:06 pm ET - Honda comment added Ex-controller who stole $10 million from Pa. Acura store sentenced to 6.5 years A woman who stole $10.3 million from the Pittsburgh-area Acura dealership where she worked was sentenced today to 6½ years in prison. Patricia K. Smith, former controller of Baierl Acura in Pine, Pa., transferred money from the ... >> story  Published: May 9 4:21 pm U.S. Eastern time Follow Automotive News

Dealers: Learn how to build a stellar sales staff Tired of managing a revolving-door new-car sales staff? Kirk Manzo, a former training manager for AutoNation, knows ways to build a strong sales team by thinking like a professional recruiter. On Tuesday, May 15, at 2 p.m. EDT, Manzo will conduct an Automotive News Webinar, "Building a Sales Dream Team: Recruiting Strategies to Identify Top Talent" Attendees will learn: • An easy-to-remember system for evaluating prospects. • How an overnight take-home test can determine whether a candidate is a good fit. • Ways to find out whether a candidate's past behavior will ensure future success. • Tips on employing user-friendly tools to create a social media recruiting strategy. • Much, much more. The cost is $99. Click here to register.

... Auto stocks mixed as Wall Street falls for 5th day in 6 ... Toyota gains after forecast of rising profit ... Supplier Tower volatile again, up 8 percent ... Price Daily change 52-week high / low General Motors 22.44 +0.94% 32.08 / 19.00 Ford 10.69 +0.75% 15.35 / 9.05 Top Performers Price Daily change 52-week high / low Tower International 11.92 +7.87% 18.33 / 9.45 Toyota* 80.55 +3.04% 87.15 / 60.37 Group 1 53.25 +1.87% 59.97 / 33.31 AutoNation 34.95 +1.60% 41.55 / 30.46 Asbury 26.02 +1.48% 29.62 / 14.96 Bottom Performers Price Daily change 52-week high / low Continental AG* 91.26 -6.61% 110.24 / 52.75 Volkswagen* 32.60 -1.81% 39.43 / 21.88 Linamar 18.70 -1.42% 22.79 / 12.67 BMW* 29.13 -1.19% 35.30 / 19.13 Dana 13.60 -1.16% 19.00 / 9.45 » 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.   PHOTO GALLERY SNEAK PEEK: 2014 Porsche Macan The Macan will share a platform with Audi's Q5 and upcoming Q6 crossovers and is expected to be powered by Porsche's first four-cylinder engine since the 968 was phased out in 1995. PHOTOS: BRENDA PRIDDY & CO. >> Photo Gallery   MORE HEADLINES Toyota's North American recovery to fuel doubling of profit   Ford's gearhead gadfly may skip the annual meeting   Jaguar F-Type revisits 'Swinging Sixties' to challenge Porsche, Mercedes   Cadillac plans broad dealer, consumer support to launch infotainment system   GM begins new attempt to sell French gearbox plant   Panel questions how EVs are marketed in U.S.     JOHN K. TEAHEN, JR. After April bump, automakers seek better traction in May After a horrid April, the auto industry hopes to get back on the right sales track in May. The right track is the path to 14.5 million sales for the year. The industry was sailing along in rather calm waters for the first three months of this year. Then came April, and the seas got choppy and the waves rose high. In March, sales totaled 1,404,623 new cars and light trucks. In April, the count declined to 1,184,567, a dip of 220,056 units, or 16 percent. April used to be considered the start of the spring selling ... >> Read the column  Published: May 9 12:01 am U.S. Eastern time Porsche's new baby crossover uncovered, targets younger buyers DAVID PHILLIPS: The newest Porsche, a baby crossover inspired by the larger Cayenne SUV and a key driver of the automaker's ambitious sales goals, has been spotted uncovered on the roads of Europe. ...  Read the blog  Published: May 9 2:34 pm U.S. Eastern time Don't write off the Dodge Grand Caravan just yet LARRY P. VELLEQUETTE: Mark Twain once famously said: "The reports of my death have been greatly exaggerated." According to Chrysler Group, so too have the reports of the death of the Dodge Grand Caravan minivan. ...  Read the blog  Published: May 8 4:51 pm U.S. Eastern time Jamie LaReau covers auto dealers for Automotive News The case for tire plans doesn’t add up If I were a finance and insurance manager, I'd mentally prepare to pitch products to more customers with a low credit rating and low income. ...  Read the blog  Published: May 9 12:01 am U.S. Eastern time Jim Henry is a special correspondent for Automotive News Lenders wax warm on dealer relations Lenders at a conference in Dallas this week paid so many tributes to their dealer relationships that the dealers, had they heard them, probably would have felt all warm and fuzzy. ...  Read the blog  Published: May 9 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. Leveraging CRM and New Devices: Improve Lead Conversion and Create the Ultimate Customer Experience May 31, 2pm EDT Cost: Complimentary Learn how Volvo is using CRM for lead and marketing campaign management, generating leads from a variety of sources, distributing them to its network of dealers, and tracking campaign effectiveness and ROI. 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.   A premier auto finance provider Ally   Service is more than our name. Service Group Insurance and Financial Services   North America's leading automotive newspaper! Automotive News   Web-Based Credit Application Management System   Relieve unnecessary clerical work, increase claim Warranty Processing, Inc.   Auto Owner Email Postal and Phone Data-All Verified Media One   FandI Education and Compliance Leader. AFIP - Assoc. of Finance and Insurance Professionals   Increase your customer paid labor and parts sales Service Advisor Training   Empowering Consumers to Make Smart Buying Choices Autobytel   Aviation Grade Automotive Sealant   ll Auto Auction Services Corporation Finance Manager: Rimrock Auto Group Location: MT, United States Personal assistant: gm associates Location: ND, United States 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

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