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Wednesday, November 07, 2012

DAILY: 7 current and former auto dealers elected to Congress | Obama leverages auto bailout for crucial Midwest wins | Suzuki continues line of small Asian automakers bowing out of U.S.

DAILY NEWSLETTER November 7, 2012
 
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7 current and former auto dealers elected to Congress
image All seven current and former auto dealers running for seats in the House of Representatives won on Election Day, mostly by comfortable margins. ... >> story  Published: Nov 7 11:19 am U.S. Eastern time
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Obama leverages auto bailout for crucial Midwest wins
Support in Ohio for the bailout helped Obama to a victory Tuesday in the state, which together with Michigan has about 65 percent of General Motors and Chrysler Group's domestic factories. A projected Ohio win for Obama shortly after 11 p.m. ... >> story  Published: Nov 7 7:16 am U.S. Eastern time

ANALYSIS
Suzuki continues line of small Asian automakers bowing out of U.S. market
imageAmerican Suzuki's departure from the United States makes it the fourth automotive brand from Asia unable to find sales and marketing success here. Isuzu Motors, Daewoo Motor and Daihatsu Motor similarly struggled in the market and left. ... >> story  Published: Nov 7 10:55 am U.S. Eastern time


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 OBITUARIES
  Rusty Restuccia, who ran Ford’s minority dealer program, dies at 77
ANN ARBOR, Mich. — Rusty Restuccia, a 33-year veteran of Ford Motor Co. and former head of the company’s minority dealer program, died Oct. 31 at his home here. He was 77.
>> story  Published: Nov 7 2:15 pm U.S. Eastern time

Blog  
Hans Greimel is Asia editor for Automotive News.
Suzuki's split with VW may have forced its hand in the U.S.
It's a small stumbling block in the mountain of problems plaguing Suzuki in America, but its ugly fallout with partner Volkswagen made it even more untenable for the Japanese carmaker to keep selling cars in the United States. With VW gone, the U.S. pull out was less a strategic retreat than a pragmatic reality. It may have forced Suzuki's hand in a decision that was a long time coming. ... arrow Read the blog  Published: Nov 7 12:01 am U.S. Eastern time
Blog  
David Phillips is deputy managing editor of autonews.com.
Sales outlook hangs on whether fiscal cliff is avoided
One big question down. One very big one on the near horizon. To what extent can a re-elected President Obama work with a sharply divided Congress and resolve a fiscal crisis while keeping the feeble economy humming? The answer will play a major role in how strong the recovery in auto sales continues. ... arrow Read the blog  Published: Nov 7 2:57 pm U.S. Eastern time
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