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Friday, May 11, 2012

DAILY: Nissan sees sales momentum lifting full-year profits | Auto legend Carroll Shelby dead at 89 | Tesla to begin repaying U.S. loans by end of 2012

DAILY NEWSLETTER May 11, 2012
 
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Nissan sees sales momentum lifting full-year profits
image YOKOHAMA (Reuters) -- Nissan Motor Co. posted a one-third jump in quarterly profit today and projected a 28 percent rise in the year ahead driven by brisk sales momentum in emerging markets.
January-March operating profit at Japan's No. 2 automaker ...
>> story  Published: May 11 3:24 am U.S. Eastern time [REG]
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CARROLL SHELBY 1923-2012
Auto legend Carroll Shelby dead at 89
image Auto legend Carroll Shelby died last night at Baylor Hospital in Dallas at the age of 89. The cause of death wasn't disclosed.
After a successful career as a race driver was shortened by a health issue, Shelby turned automaker in the 1960s. He ...
>> story  Published: May 11 3:36 pm U.S. Eastern time

Tesla to begin repaying U.S. loans by end of 2012
imageLOS ANGELES (Bloomberg) -- Tesla Motors Inc., the electric-car company led by Elon Musk, is using the last of its $465 million in U.S. loans and plans to start repaying them by the end of the year, the first startup to fulfill requirements of the criticized program.
>> story  Published: May 11 4:06 pm U.S. Eastern time
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    Price Daily change 52-week high / low
    General Motors 22.00 -1.65% 32.08 / 19.00
    Ford 10.58 -1.21% 15.35 / 9.05
    Top Performers Price Daily change 52-week high / low
    Linamar 21.58 +15.43% 22.79 / 12.67
    Tower International 13.50 +4.81% 18.33 / 9.45
    Nissan* 20.17 +2.65% 22.23 / 16.18
    BMW* 28.80 +1.30% 35.30 / 19.13
    Toyota* 80.76 +1.29% 87.15 / 60.37
    Bottom Performers Price Daily change 52-week high / low
    Hyundai Motor* 30.25 -3.20% 38.00 / 24.00
    Tesla 32.25 -2.15% 39.95 / 21.50
    Asbury 26.07 -1.73% 29.62 / 14.96
    General Motors 22.00 -1.65% 32.08 / 19.00
    Magna 42.90 -1.65% 54.44 / 30.03
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    image PHOTO GALLERY
    Carroll Shelby, 1923-2012
    >> Photo Gallery 


    Blog
    Expert: Fisker Karma's engine packaging, not batteries, likely caused fire
    MARK RECHTIN: A garage fire last week in suburban Houston has been linked to a Fisker Karma plug-in hybrid, but the company quickly noted that the battery remained intact and unplugged -- and did not appear to be the cause. But if not the battery, then what? ... arrow Read the blog  Published: May 10 9:58 pm U.S. Eastern time
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