DAILY NEWSLETTER | June 4, 2012 | |
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| Advertisement Facebook Delivering Industry Insight at the TLS Auto Social Media Summit | | Successfully Leveraging Social in Automotive — Social is evolving at an incredible pace, so key to success is executing today while quickly leveraging advancements. | Doug Simpson, Manager Global Marketing will review current OEM and Dealer strategies and provide insights on what's next with Facebook and Social Media as a whole. | For more info visit www.tlsummits.com | | | | Import surge drives AutoNation's May sales up 45% A surge in sales of import-brand vehicles drove AutoNation Inc.'s May volume up by 45 percent. AutoNation, the largest U.S. dealership group, sold 23,763 new vehicles in May, up from 16,347 in May 2011. Import-brand sales alone soared 78 percent in May to 12,300 vehicles. ... >> story Published: Jun 4 2:24 pm U.S. Eastern time
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| | | PHOTO GALLERY Replacing the Humvee Competition is heating up to win a contract for a vehicle that will replace nearly 18,500 aging military Humvees for the U.S. Army and Marine Corps starting in 2015. Six proposals are in play, with little time left before federal contracting officials decide on development of the $5 billion-plus program. Suppliers are lining up for an opportunity to be part of the production teams with various contractors. Up to three winners in the current round could receive up to $65 million for the preproduction engineering, manufacturing and development phase of the Joint Light Tactical Vehicle. >> Photo Gallery | | | KEITH CRAIN It won't be long before we know The theory is that there are a lot of people with the financial wherewithal to put down money for new cars, and they are holding us back from a 17 million car sales year. I don't believe it. You won't get those buyers when consumer confidence is where it is and there are still millions of people nervous about their jobs Keith Crain is editor-in-chief of Automotive News. ... >> Read the column Published: Jun 4 12:01 am U.S. Eastern time
| DAVE GUILFORD How tough CAFE delays EV acceptance Enthusiasm for electric vehicles has dimmed in the past year. You could cite election-year attacks on President Obama's backing of EVs, stubbornly high EV prices and limited range, and the glitches of any new technology. But don't underestimate the effect of tougher federal fuel economy regulations Dave Guilford is enterprise editor of Automotive News. ... >> Read the column Published: Jun 4 12:01 am U.S. Eastern time
| MIKE JACKSON Private equity was good for Obama -- why not Romney? Private equity principles turned around General Motors and Chrysler, so why aren't they good enough for Mitt Romney and Bain Capital? The irony of this presidential campaign fight about private equity just blows my mind Mike Jackson is CEO of AutoNation in Fort Lauderale, Fla. ... >> Read the column Published: Jun 4 12:01 am U.S. Eastern time
| DAVID PHILLIPS Blue Oval is worth a chunk of change For thousands of motorists, the Blue Oval is just another hood ornament whizzing by on an expressway. But for Ford, there is real money being mined in that famous trademark beyond the grille of a new Explorer or F-series pickup David Phillips is deputy managing editor of autonews.com. ... >> Read the column Published: Jun 4 12:01 am U.S. Eastern time
| | | Ford's Mark Fields on reviving Lincoln: 'Watch our actions.' Mark Fields has been leading Ford's operations in the Americas since October 2005. In that time, the 51-year-old has helped turn North America into the automaker's profit machine. Among the challenges ahead: Revamping Lincoln, halting a slide in U.S. ... View the video Published: Jun 4 12:01 am U.S. Eastern time | | | OBITUARIES | Obituary Information about Wally Lowenfield, founder of Casa Ford-Lincoln and Casa Nissan in El Paso, Texas. >> story Published: Jun 4 12:01 am U.S. Eastern time |
| | | Toyota takes too much credit for 'Prius' sales MARK RECHTIN: When is a Toyota Prius not a Prius? When it’s a Prius C. Toyota would like America to embrace the idea of its Prius family of four hybrid vehicles in a warm hug of environmentalism. Toyota might be taking it a bit too far. ... Read the blog Published: Jun 4 2:47 pm U.S. Eastern time
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