rorty:::tort: DAILY: U.S. sales rise 9%; Toyota, Honda, VW offset declines at GM, Ford | Toyota raises 2012 production target on strong demand, report says | Marchionne shifts focus to Chrysler as Fiat struggles

DAILY NEWSLETTER

August 1, 2012

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2012 JULY AUTO SALES
U.S. sales rise 9%; Toyota, Honda, VW offset declines at GM, Ford
SAAR exceeds 14 million units

U.S. demand for light vehicles continued to defy mostly weak economic indicators by rising 9 percent in July. ... >> story Published: Aug 1 8:30 am U.S. Eastern time / UPDATED: 8/1/12 4:34 pm ET -- Updates with final results

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Toyota raises 2012 production target on strong demand, report says

Toyota Motor has decided to raise its global production target for this year by about 300,000 vehicles to nearly 9 million due to stronger-than-expected demand, the Nikkei business daily reported. ... >> story Published: Aug 1 2:40 pm U.S. Eastern time

NEWS ANALYSIS
Marchionne shifts focus to Chrysler as Fiat struggles

Fiat CEO Sergio Marchionne can't stop the financial bleeding in Europe, so he's shifting the automaker's growth and profit focus to Chrysler Group in the United States. ... >> story Published: Aug 1 2:49 am U.S. Eastern time [REG]

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