rorty:::tort: DAILY: Akerson says GM is tackling biggest problems | Dealership shakeout over as stores sprout again, NADA says | Ghosn sees 3-4 years of Europe 'stagnation'

DAILY NEWSLETTER

June 12, 2012

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Akerson says GM is tackling biggest problems: Europe, pension obligations

GM CEO Dan Akerson said today that the automaker is tackling its problems in Europe and its massive pension obligation as it seeks to revitalize its sagging share price. ... >> story Published: Jun 12 9:55 am U.S. Eastern time

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Dealership shakeout over as stores sprout again, NADA says

The National Automobile Dealers Association, in a new report, says there was an increase of 66 U.S. dealerships during the first quarter of 2012 and said the figure could climb as the auto industry recovers from the downturn. ... >> story Published: Jun 12 3:42 pm U.S. Eastern time

Ghosn sees 3-4 years of Europe "stagnation"

Nissan and Renault expect "three to four more years of stagnation" in the European auto business, Carlos Ghosn, CEO of both companies, said today. ... >> story Published: Jun 12 2:10 pm U.S. Eastern time

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Mike Colias covers General Motors for Automotive News.
Dealership gift cards? GM CEO likes the idea
Reporters rarely venture to a company's annual shareholders' meeting expecting big news to break out. But they are worth attending for one reason: the shareholder comment and question session. Today's compelling shareholder suggestion at GM's annual meeting? A gift card program for dealerships, similar to the cards you can get at Lowe's or Target. ...

Read the blog Published: Jun 12 3:09 pm U.S. Eastern time

Christina Rogers covers VW and regulatory/legislative issues for Automotive News.
Apple ratchets up auto tech competition, safety debate
Not to be outdone by Microsoft or Google, tech-giant Apple said Monday it was making its move into the auto industry. Company execs, speaking at Apple’s Worldwide Developers Conference in San Francisco, said they are working with eight automakers to make Apple’s iPhone-based voice technology, Siri, available behind the wheel. ...

Read the blog Published: Jun 12 2:59 pm U.S. Eastern time

David Sedgwick is a Senior Writer for Automotive News
Supplier seeks solution to dated computer chips
For automakers, one of the biggest headaches posed by infotainment systems is instant obsolescence. The auto industry, with its stately three- to five-year product cycles, simply can't keep up with the shootout-at-the-O.K.-Corral product cycles of smartphone makers. But that might be changing. ...

Read the blog Published: Jun 12 12:01 am U.S. Eastern time

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