rorty:::tort: DAILY: Annual sales rate beats forecasts, climbs back above 14M in June | Marchionne says Chrysler may exceed $3B operating profit | Fisker says DiCaprio will promote plug-in Karma

DAILY NEWSLETTER

July 3, 2012

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JUNE U.S. AUTO SALES
Toyota, Honda lead U.S. industry to 22% gain
SAAR beats forecasts, climbs back above 14 million

U.S. light-vehicle sales, paced by Toyota and Honda, rose 22 percent in June as U.S. consumers continued to shake off economic jitters and replace aging cars and light trucks. ... >> story Published: Jul 3 8:01 am U.S. Eastern time / UPDATED: 7/3/12 4:39 pm ET -- Final results added

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.
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Marchionne says Chrysler may exceed $3 billion operating profit in 2012

Fiat-Chrysler CEO Sergio Marchionne said today that Chrysler's operating profit in 2012 could exceed its $3 billion target after commenting on June sales numbers released earlier in the day. ... >> story Published: Jul 3 4:08 pm U.S. Eastern time

Fisker says investor Leonardo DiCaprio to promote plug-in Karma

Fisker Automotive said today actor Leonardo DiCaprio is an equity investor in the company and that the actor will promote its Karma sedan as an environmentally friendly vehicle. ... >> story Published: Jul 3 2:34 pm U.S. Eastern time

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MORE HEADLINES

Volvo Car fined $1.5 million by U.S. for failing to flag defects

GM in talks about resuming advertising on Facebook

Design firm boss Sergio Pininfarina dies after long illness

Opel brand identity crisis a self-inflicted wound

Right to Repair measure likely to reach Mass. ballot

Former Ford CFO Seneker dead at 81

EV sales will accelerate later in the decade, study says

Forward-collision alerts among features found to cut car crashes

Fiat says it will raise Chrysler stake to 61.8% in push toward full merger

Fisker hires former Ford, Dana finance executive Jim Yost as CFO

Mazda names Canada's Young as global PR chief

Larry P. Vellequette covers Chrysler Group for Automotive News.
Second-half math will get tough for Chrysler
On July 17, 1941, one of the most impressive streaks in baseball history ended when New York Yankee Joe DiMaggio went hitless before a record crowd in Cleveland. DiMaggio had at least one hit in the 56 previous games. Over the last few years, Chrysler has been tearing through sales in the United States like Joltin’ Joe tore through opposing pitchers in 1941. ...

Read the blog Published: Jul 3 3:50 pm U.S. Eastern time

Jim Henry is a special correspondent for Automotive News
Highlights turn out to be lowlights
Oops. It turns out that an idea touted as an F&I "best practice" may violate the federal Truth in Lending Act, not to mention be sexist and in poor taste. ...

Read the blog Published: Jul 3 12:01 am U.S. Eastern time

Luca Ciferri is Automotive News Europe's Editor-in-Chief.
The other Sergio Pininfarina
Sergio Pininfarina, who has died at the age of 85, was a visionary who created some of the most beautiful automotive designs ever seen. But there was another side to Sergio. He was a politician who fought tirelessly for his dream of a strong united Europe, long before the EU was created. ...

Read the blog Published: Jul 3 12:01 am U.S. Eastern time

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