DAILY: Sandy stifles month-end sales as volume rises just 7%; SAAR falls to 14.3M | Automakers donate to charities in storm's wake | Lincoln gets global management team

DAILY NEWSLETTER November 1, 2012

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OCTOBER U.S. SALES Sandy stifles month-end sales as Oct. volume rises just 7% SAAR falls to 14.3 million from 14.9 million in Sept. Subaru, Volkswagen, BMW, and Toyota led the U.S. auto industry to a tepid 7 percent sales gain in October, as Hurricane Sandy stifled month-end deliveries in the Northeast and Mid-Atlantic. ... >> story  Published: Nov 1 8:00 am U.S. Eastern time / UPDATED: 11/1/12 4:54 pm ET 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. Automakers donate to charities, offer customers support in storm's wake Superstorm Sandy has triggered an outpouring of charitable outreach from automakers. For example, Toyota Motor will give $1 million to the American Red Cross and other non-profit groups to aid relief efforts for storm victims in regions that took the heaviest damage, the company said late Wednesday. ... >> story  Published: Nov 1 4:40 pm U.S. Eastern time Lincoln gets global management team led by Farley As of today, Ford's Lincoln luxury brand has a global management team. Jim Farley, executive vice president of global marketing, sales and service, will now add a new job: global leader of Lincoln. Ford announced the change today as part of a shakeup of the company's senior management team. ... >> story  Published: Nov 1 12:04 pm U.S. Eastern time

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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 Hinrichs led sharp increase in Ford's China capacity   Ford names Fields COO, putting him in line to become chief executive   Group 1's East Coast dealers expect $2 million in inventory losses   U.S. automakers protest distortions in Romney ad   Honda to spend $200 million to expand Ohio plants, hire 200   Visteon, Delphi plan deeper cuts as Europe demand sinks   Subaru says redesigned 2014 Forester will have higher mpg   Mercedes pitches $5,000 VIP discounts to hold U.S. lead over BMW     Jamie LaReau covers auto dealers for Automotive News. For one dealer Sandy brings strong memories of Carol Bob Tasca Jr. had a bit of deja vu this week. “My father's first Ford dealership was in Bristol, R.I., and it was destroyed in 1954 by Hurricane Carol,” Tasca said. “I was a very little kid at the time, but it wiped my father out.” ...  Read the blog  Published: Nov 1 11:50 am U.S. Eastern time

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