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Friday, August 17, 2012

DAILY: GM seen planning global reorganization to tackle 'fiefdoms' | Fiat adding midlevel 500 turbo model for 2013 | Lincoln prepares for fight with Lexus

DAILY NEWSLETTER August 17, 2012
 
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GM seen planning global reorganization to tackle 'fiefdoms'
Power to shift from regional chiefs to global leaders of marketing, product development
image GM CEO Dan Akerson is planning a reorganization of the automaker that would move it away from long-entrenched regional authority toward a structure built on global functions, said two people familiar... ... >> story  Published: Aug 17 4:34 am U.S. Eastern time / UPDATED: 8/17/12 4:02 pm ET - includes stock price close [REG]
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Fiat adding midlevel 500 turbo model for 2013
image Fiat is adding a midlevel model, the 500 Turbo, to its U.S. lineup for 2013. The car will get a turbocharged 1.4-liter MultiAir engine rated at 135 hp and 150 lb-ft of torque. It will have larger brake rotors, sport-tuned springs and shocks and a rear spoiler. ... >> story  Published: Aug 17 11:58 am U.S. Eastern time

Lincoln prepares for fight with Lexus
imageLincoln brand managers are training their sites on a new competitor as they prepare to reboot the marque with a new MKZ sedan this fall. Lincoln is positioning the mid-sized 2013 MKZ to take a bite out of the Lexus ES, one of the Japanese luxury brand’s biggest volume products. ... >> story  Published: Aug 17 4:19 pm U.S. Eastern time
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