rorty:::tort: DAILY: GM says $600k in ad agency work tied to CFO's wife | Bankrupt Saab attracts bid from China-Japan investor group | Dealers must disclose reason for higher customer interest rate, judge rules

DAILY NEWSLETTER

May 25, 2012

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GM says $600k in ad agency work tied to CFO's wife

GM said today Pernilla Ammann, the wife of Chief Financial Officer Dan Ammann, is an officer and a partner in an advertising agency that received about $600,000 for services last year to a GM... ... >> story Published: May 25 12:11 pm U.S. Eastern time / UPDATED: 5/25/12 1:32 pm ET -- new story added

Joint OEM – Dealer Presentation Featured at the
TLS Auto Customer Centricity Summit


	The Toyota Owner Communication Program – To overcome clutter and market effectively with dealers, Toyota developed a multi-channel, customer-centric owner communication tool where channel, source, and frequency are dictated by the customer.
Toyota & Tustin Toyota will explain how the program reduced marketing costs, increased service revenue, and improved customer satisfaction.
For more info visit www.tlsummits.com.

Bankrupt Saab attracts bid from China-Japan investor group

A group led by a Chinese energy company and a Japanese venture-capital firm has placed a bid for Saab. The group wants to buy Saab and build cars, a spokesman said. The group has formed a company called National Electric Vehicle Sweden AB "with the only purpose of buying Saab's assets." ... >> story Published: May 25 11:49 am U.S. Eastern time [REG]

Dealers must disclose reason for higher customer interest rate, judge rules

The National Automobile Dealers Association suffered a legal setback Thursday as a federal judge in Washington said a dealer must disclose to a consumer whether the consumer is being charged a higher rate because of a negative credit rating -- regardless of whether the dealership assigned the loan... ... >> story Published: May 25 11:07 am U.S. Eastern time

Follow Automotive News

... Auto stocks mixed while indexes slip on Europe worries ... GM leads the gainers on day when CFO's wife's ad deal makes news ...

	Price	Daily change	52-week high / low
General Motors	22.43	+1.77%	32.08 / 19.00
Ford	10.60	+0.09%	14.92 / 9.05
Top Performers	Price	Daily change	52-week high / low
General Motors	22.43	+1.77%	32.08 / 19.00
Lear	41.01	+1.26%	54.90 / 35.60
AutoNation	36.26	+1.06%	41.55 / 30.46
Sonic	15.12	+0.73%	19.05 / 10.11
Visteon	41.77	+0.65%	70.48 / 38.32
Bottom Performers	Price	Daily change	52-week high / low
Continental AG*	83.30	-2.71%	110.24 / 52.75
BorgWarner	74.36	-1.87%	87.45 / 54.59
Tesla	29.81	-1.68%	39.95 / 21.50
Lithia	24.90	-1.66%	27.99 / 13.57
Tower International	11.92	-1.32%	18.33 / 9.45

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David Phillips is deputy managing editor of autonews.com.
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For thousands of motorists the Blue Oval is just another hood ornament whizzing by on an expressway. ...

Read the blog Published: May 25 3:12 pm U.S. Eastern time

Mike Colias covers General Motors for Automotive News.
L.A. offers sobering reality check for Cadillac
When I arrived here for a work trip this week -- my first visit to L.A. in about seven years -- I expected to see a lot of Hondas and Toyotas clogging this city’s infamously congested freeways. And I did. But I was more struck by the hordes of luxury imports prowling the roads of west L.A. The streets were thick with BMWs. Audis. Jaguars. Mercedes. ...

Read the blog Published: May 25 2:06 pm U.S. Eastern time

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