DAILY: Gap grows between vehicle sales and Consumer Reports' recommendations | Dealers reeling after Sandy | GM predicts end of European losses in mid-decade

DAILY NEWSLETTER October 31, 2012

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Gap grows between vehicle sales and Consumer Reports' recommendations Models such as VW's Passat and Honda's Civic, which lost Consumer Reports' coveted recommended status in August 2011, are among some of the biggest gainers in the United States auto market... ... >> story  Published: Oct 31 1:36 pm U.S. Eastern time Advertisement Personalized service is key for Exeter Finance Corp. Dealers don't know what they're missing in premier service until they try Exeter Finance Corp. This national subprime auto lender offers local decision makers, flexible financing options and quick funding that keep dealers coming back for more. Click or call 855.4.EXETER today. Dealers still reeling after Sandy's wrath Many dealerships in New Jersey and parts of New York are still recovering and assessing damages caused by Hurricane Sandy, which hit the East Coast Monday evening. ... >> story  Published: Oct 31 4:07 pm U.S. Eastern time GM Q3 profit falls 14% on weak Europe, higher N.A. costs End of European losses predicted for mid-decade General Motors posted $1.48 billion in net profits during the third quarter despite wider losses in Europe, where the company now vows to break even by the middle of this decade. ... >> story  Published: Oct 31 7:35 am U.S. Eastern time / UPDATED: 10/31/12 2:46 pm ET

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Subscribe to Automotive News today! You are receiving the free registrant version of our newsletter. If you would like a more comprehensive version, purchase a subscription to Automotive News. If you are already a subscriber, please contact subs@crain.com to get the full version of our newsletter.  MORE HEADLINES Fisker checks report of Karma fires after Sandy   Marchionne denies proposing combination of Fiat, Opel and PSA   Chevy delays verdict on 'Runs Deep' tag line   Mitsubishi taps product planning exec to chair lagging N.A. unit   Mazda swings to profitable quarter despite N.A. operating losses   BorgWarner cuts outlook as Europe worsens   Fiat opens unit to create custom 500s   Mitsubishi's net rises in latest quarter, but operating profit, revenues down   Denso cuts full-year forecasts on weaker car output in China, Japan, Europe   Visteon names former Dura CEO Stafeil as its new CFO   Dow Chemical plans $1.1 billion charge to write down plant closings, battery business   Continental to scale back European output despite higher Q3 profits     Vince Bond Jr. is a reporter for Automotive News. Auto exec gets early Halloween scare in New Jersey floods Craig Lockerd compares his terrifying brush with Sandy to a bad Lifetime movie, so we’ll call it The Horror in Somers Point, N.J. During a somewhat calm moment during the storm Monday night, the 61-year-old president of Automax Recruiting and Training in New Jersey decided to head to nearby Ventnor City, N.J., to check on his son’s property. ...  Read the blog  Published: Oct 31 9:55 am U.S. Eastern time Jamie LaReau covers auto dealers for Automotive News A storm, an election and Europe all might impact inventory Peculiar times are making some otherwise-confident dealers uncertain about the future -- specifically, the impact of various world events on their future days supply of inventory. ...  Read the blog  Published: Oct 30 5:06 pm U.S. Eastern time

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