rorty:::tort: DAILY: Pension or buyout? GM retirees make the tough call by Friday | Honda exec maps out NA growth strategy | Record auto production at Toyota, Honda boosts U.S. economy

DAILY NEWSLETTER

July 17, 2012

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Pension or buyout? GM retirees make the tough call by Friday

Is it better for existing retirees to convert their pension to an annuity or to take a lump sum payout? That is the tricky choice thousands of former General Motors employees must make by Friday,... ... >> story Published: Jul 17 10:49 am U.S. Eastern time

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Honda exec maps out North American growth strategy

Honda, seeking to elevate the role of North America in its global operations, plans to move more production here and make the region the center of activity for global vehicle launches -- shifting the responsibility away from Japan, a senior manufacturing executive said today. ... >> story Published: Jul 17 3:50 pm U.S. Eastern time

Record auto production at Toyota, Honda boosts U.S. economy

Honda and Toyota's North American plants, stalled by parts shortages a year ago, are leading an industrywide assembly surge buoying cities from the Midwest to the deep South amid a languid U.S. economy. ... >> story Published: Jul 17 9:34 am U.S. Eastern time

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Dave Guilford is enterprise editor of Automotive News.
Why the Chevy-Opel crisis in Europe sounds so familiar
The personnel moves at the top of GM in Europe this week may have been surprising, but there was a clear signal of trouble weeks ago. At the Automotive News Europe Congress, then-Opel CEO Karl-Friedrich Stracke said GM had moved Opel upmarket too quickly. In the future, he said, Opel will be a brand more buyers can afford, aimed at its traditional customers. Taken in isolation, the move might make sense. ...

Read the blog Published: Jul 17 2:14 pm U.S. Eastern time

Larry P. Vellequette covers Chrysler Group for Automotive News.
Dealers can’t count on locals for used-car sales anymore
The Internet has done many things for auto dealers and made more than a few changes to the way they do business. But while new-car pricing and lead-generation sites like TrueCar.com dominate the headlines, the Internet’s bigger threat to dealers’ bottom lines may be on the other side of the lot. ...

Read the blog Published: Jul 17 11:31 am U.S. Eastern time

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