rorty:::tort: DAILY: Dealers along storm-battered East Coast reopen | Mitsubishi vows to stay in U.S. market | Suzuki falls victim to lagging sales, yen, legal woes

DAILY NEWSLETTER

November 6, 2012

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Most East Coast dealers reopen, face gas rationing

Many dealerships along the battered Eastern Seaboard are coming back online, some with limited operations, though, following Hurricane Sandy more than a week ago. ... >> story Published: Nov 6 3:57 pm U.S. Eastern time

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Mitsubishi CEO Masuko vows automaker will remain in U.S. market

Suzuki's withdrawal from the U.S. auto market leaves struggling Mitsubishi as the Japanese automaker with the fewest U.S. sales. But Mitsubishi President Osamu Masuko today reiterated his commitment to the U.S. market, denying any plan to follow Suzuki's retreat. ... >> story Published: Nov 6 12:41 pm U.S. Eastern time / UPDATED: 11/6/12 1:12 pm ET

American Suzuki to exit U.S. auto market, files Chapter 11 bankruptcy
Strong yen, falling sales, aging product undermine automaker after nearly 3 decades

American Suzuki, rocked by a plunge in volume while the industry continues to climb back from a deep recession, is ending U.S. auto sales after nearly 30 years. ... >> story Published: Nov 5 7:05 pm U.S. Eastern time / UPDATED: 11/6/12 1:18 pm ET - adds more detail

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MORE HEADLINES

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Mark Rechtin is West Coast editor of Automotive News
Hyundai has been busted over performance claims before
It was revealed Friday that Hyundai Motor and its Kia Motors affiliate had overstated mpg ratings on 900,000 vehicles. And it was not the first time Hyundai has been caught in its own false claims. In 2002, Hyundai admitted that it had overstated horsepower ratings on 1.3 million vehicles. ...

Read the blog Published: Nov 6 2:41 pm U.S. Eastern time

Mike Colias covers General Motors for Automotive News
Why Ford is more profitable than GM
It has been more than three years since GM emerged from bankruptcy liberated from much of its bloated cost structure. So why is GM still far less profitable than archrival Ford Motor Co. in the bread-and-butter North American market? ...

Read the blog Published: Nov 6 12:16 pm U.S. Eastern time

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