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Wednesday, December 05, 2012

DAILY: GM's pickup pileup threatens 2013 launches, profits | Subaru mulls expansion of Indiana assembly plant | Nissan names Mexico exec to head sales for U.S., Canada

DAILY NEWSLETTER December 5, 2012
 
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GM's pickup pileup threatens 2013 launches, profits
image General Motors, with more than double a typical supply of trucks, is facing the prospect of cutting production or increasing discounts, threatening to squeeze 2013 profits. ... >> story  Published: Dec 5 7:33 am U.S. Eastern time
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Subaru mulls expansion of Indiana assembly plant
Growing U.S. sales, strong yen prompts study
image Fuji Heavy Industries Ltd.'s Subaru unit is studying expanding its Indiana assembly plant as the Toyota affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models. ... >> story  Published: Dec 5 12:01 am U.S. Eastern time

Nissan names Mexico exec to head sales for U.S., Canada; Carolin to retire
imageJosé Muñoz, who has spent the past three years helping to solidify Nissan's position as Mexico's biggest brand, will take over the automaker's top United States and Canadian sales and marketing operations next year. ... >> story  Published: Dec 4 10:02 pm U.S. Eastern time / UPDATED: 12/5/12 11:54 am ET - adds link


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image PHOTO GALLERY
BMW concept 4 series coupe
BMW released photos of the Concept 4 series coupe today, a replacement for the 3-series coupe in the luxury brand's lineup. The coupe concept will be introduced at the Detroit auto show in January . >> Photo Gallery 


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Nick Bunkley is an enterprise reporter for Automotive News.
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Jim Henry is a special correspondent for Automotive News
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Although delinquencies have shown a slight uptick lately, dealers should appreciate that late payments are still near historic lows. Delinquencies are “defying gravity,” says Peter Turek, automotive vice president for TransUnion’s financial services business unit. ... arrow Read the blog  Published: Dec 5 12:01 am U.S. Eastern time
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