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Monday, October 08, 2012

DAILY: Small car sales may capture largest U.S. share since 1993 | GM to add 1,500 IT jobs in Mich. from outsourced work | Japan carmakers to cut China production by half, report says

DAILY NEWSLETTER October 8, 2012
 
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Small car sales may capture largest U.S. share since 1993
image Small cars are selling big for brands from Chevrolet and Fiat to Toyota, Volkswagen and Honda, on pace to capture the largest share of the United States auto market since 1993 and driving the best... ... >> story  Published: Oct 8 11:55 am U.S. Eastern time
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GM to add 1,500 IT jobs in Mich. from outsourced work
image General Motors plans to create 1,500 jobs at a new software development center in Michigan as part of the automaker's previously announced plan to shift information technology work back into the company. ... >> story  Published: Oct 8 9:32 am U.S. Eastern time

Japan carmakers to cut China production by half, report says
imageToyota, Nissan, and Honda plan to slash production in China by roughly half, the Nikkei newspaper reported today, as a territorial dispute between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market. ... >> story  Published: Oct 8 10:31 am U.S. Eastern time


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KEITH CRAIN
We need to solve this scary problem
image We have put up with a lot of driver distractions over the decades. No one really cared when you grabbed a Coca-Cola and went driving down the road. And long before anyone had heard of cupholders, we grabbed a cup of hot coffee and found some place to set it. But things have become a lot worse Keith Crain is editor-in-chief of Automotive News. ... >> Read the column  Published: Oct 8 12:01 am U.S. Eastern time


GREEN SHOOTS
Feds should pick goals, not technology
imageThe Obama administration's tilt toward electric vehicles as a solution to global warming and dependence on foreign oil has always produced some grumbling. That criticism looks valid, as advances in internal combustion engine efficiency make EVs a tough sell Dave Guilford is enterprise editor of Automotive News. ... >> Read the column  Published: Oct 8 12:01 am U.S. Eastern time


JASON STEIN
Europe's auto collapse feels like a rerun
image Dealers can't finance their floorplan. Incentives are running at 30 percent as sales hit historic lows. Some companies are stockpiling inventory just to keep the factories running. Cash is burning. Detroit, circa 2008? Yes and no Jason Stein is editor of Automotive News. ... >> Read the column  Published: Oct 8 12:01 am U.S. Eastern time


 OBITUARIES
  Obituaries
Information about Carl Rotman, a longtime Lincoln-Mercury-GMC dealer in Iowa. >> story  Published: Oct 8 12:01 am U.S. Eastern time

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