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Friday, July 06, 2012

DAILY: Chrysler under pressure to issue wobble warning on Wrangler | BMW sees record 2012 sales | Lexus banks on made-in-Japan | Strapped A123 Systems raises $39M in new cash

DAILY NEWSLETTER July 6, 2012
 
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Chrysler pressed to issue wobble warning on Jeep Wrangler
image Two House Democrats are pressing Chrysler Group to launch a campaign warning Jeep Wrangler owners about a potential "wobble" condition in the SUV's front suspension. ... >> story  Published: Jul 6 12:50 pm U.S. Eastern time
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Toyota bets made-in-Japan Lexus can drive sales
Automaker protects home production base for now
image Toyota on Friday launched production of its revamped Lexus ES sedan, a luxury car that represents a renewed bet the automaker can keep building cars for the United States and China at more costly factories in Japan. ... >> story  Published: Jul 6 5:31 am U.S. Eastern time [REG]

Piech crowns 20-year VW turnaround with Porsche takeover
imageWhen Ferdinand Piech took charge of Volkswagen 20 years ago, the automaker was losing almost $1.24 billion. ... >> story  Published: Jul 6 12:01 am U.S. Eastern time [REG]
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    JOHN K. TEAHEN, JR.
    Handicapping 2012 sales at the halfway mark ....
    image So how many new cars and light trucks will be sold in the United States this year? Try this number: 14,486,247. That is pretty much in line with predictions trumpeted by the Wall Street “experts.” The main difference is that many of them make a new prediction every month. They started at about 14 million in January and have been inching upward ever since. I don't play that game. I make one estimate and stick with it. ... >> Read the column  Published: Jul 6 12:01 am U.S. Eastern time


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    Latest Video
    A tour of the National Corvette Museum
    Leslie J. Allen tours the National Corvette Museum and the assembly plant that makes the sports car. The factory in Bowling Green, Ky., marked its 30th anniversary last year and attracts as many as 50,000 visitors a year. ...  View the video  Published: Jul 6 12:01 am U.S. Eastern time
    Blog
    The rap against the Wrangler is a wobbly argument
    LARRY P. VELLEQUETTE: If the English-speaking world changed the name of the common cold to “fatal sniffles,” the ubiquitous ailment would sure get a lot more attention from drug companies and the media -- but the symptoms would remain. ... arrow Read the blog  Published: Jul 6 2:58 pm U.S. Eastern time
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