DAILY: Analysts applaud VW deal for full control of Porsche | Fiat previews baby 500X crossover | TrueCar, Yahoo end exclusive pact | GM sets China sales record

DAILY NEWSLETTER July 5, 2012

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VW's move to take full control of Porsche is seen as positive Volkswagen Group's decision to take full control of Porsche SE's carmaking business is seen as positive by analysts. VW has agreed to buy the remaining 50. ... >> story  Published: Jul 5 3:49 am U.S. Eastern time [REG] Advertisement Calling All Engineers - Job Fair at IAC Southfield! Thursday, July 12 — IAC Group is seeking Engineers ranging from recent college grads, to up to 15 years experience, with ME, IE, CE or EE degrees. Meet our team at our Southfield headquarters, Thursday, July 12. Click to learn more. Fiat previews 500X small crossover Fiat gave an unexpected sneak preview of a crossover variant of its 500 minicar. The model will go on sale in Europe in early 2014 and shortly after in North America. ... >> story  Published: Jul 5 12:01 am U.S. Eastern time [REG] TrueCar, Yahoo end exclusive partnership TrueCar, an online car-shopping service, has ended after just six months its exclusive relationship with search engine Yahoo to send auto shoppers to auto dealerships. Yahoo Autos plans to keep TrueCar and sign other sales-lead generators, Yahoo confirmed in a statement. ... >> story  Published: Jul 5 3:55 pm U.S. Eastern time Follow Automotive News

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.  MORE HEADLINES U.S. files WTO complaint against China over auto duties   GM's China sales rise 10% in June to record   Japanese recovery helps push AutoNation's June sales up 38%   Visteon offers $800M to take full control of Halla   NFL team owner Khan targeted by UAW effort to organize his parts plants   Mercedes extends U.S. luxury lead as monthly sales rise 7.6%   Imports drive Canada June vehicle sales 3% higher   Suzuki confident of dissolving partnership with VW     GUEST COLUMN Without VW, Porsche may have been Germany's Lotus In reading the story about analysts responding favorably to VW's decision to take full control of Porsche's car-making business, I couldn't help but think back to my early days in the business. I worked for the newly organized Porsche/Audi Division of VW in the United States. ... >> Read the column  Published: Jul 5 1:59 pm U.S. Eastern time Mark Rechtin is West Coast editor of Automotive News Take the 'Takumi' challenge Can you measure up to Lexus' standards, or will you fold? Elite automakers pride themselves on the skill of their assembly line workers to create things few others can. ...  Read the blog  Published: Jul 5 2:15 pm U.S. Eastern time

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