DAILY: Chrysler bolsters plan for Fiat, Alfa in U.S. | Toyota to recall 1.3 million vehicles for airbag, wiper glitches | Ally needs 'concrete plan' to unwind from U.S., watchdog says

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DAILY NEWSLETTER January 30, 2013 Follow Us:

Editor's note: In the next few weeks, Automotive News will begin upgrading its email system. Watch your inbox for more information soon. Chrysler bolsters plan for Fiat, Alfa in U.S. Dodge, Chrysler brands won't get Europe-assembled small cars Chrysler Group has dropped plans to add two small cars each to its Chrysler and Dodge brands this year, according to a revised product plan revealed by the automaker today. The original plan called for the cars to be assembled by Fiat in Europe. ... >> story  Published: Jan 30 7:46 am U.S. Eastern time / UPDATED: 1/30/13 12:23 pm - adds more details Toyota to recall 1.3 million vehicles for airbag, wiper glitches Toyota will recall nearly 1.3 million cars globally for two separate defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said today. ... >> story  Published: Jan 30 7:31 am U.S. Eastern time Advertisement Experience docuPAD® Gain consumer trust and profitability with an interactive F&I environment. docuPAD, a part of Reynolds Retail Management System, transforms the way consumers experience your dealership. Users increase F&I gross 13.5% on average. Click to learn how. Ally Financial needs 'concrete plan' to unwind from U.S., watchdog says The Treasury Department needs a “concrete plan” to unwind the 2009 bailout of Ally Financial, the former auto-finance arm of GM, an administration watchdog says in a new report. Taxpayers still own 74 percent of Ally, which owes $14. ... >> story  Published: Jan 30 12:01 am U.S. Eastern time GM to invest $200 million at its powertrain headquarters GM said it will invest $200 million to expand its global powertrain engineering headquarters north of Detroit, and to shift work there from four other locations by 2014. GM will build a 138,000 square-foot wing to the site, to be completed in the second half of 2014, the company said in a statement today. ... >> story  Published: Jan 30 2:41 pm U.S. Eastern time New tailpipe emission regulations mulled by White House The White House has started weighing a proposal to set stricter limits on tailpipe emissions, which could require automakers to put more emissions controls into their new cars and trucks within a few years. ... >> story  Published: Jan 30 1:59 pm U.S. Eastern time Ford sees surge in U.S. hybrid sales on way to annual record Ford, which has introduced five new electric-powered models in the past year, expects its sales of hybrid vehicles to surge by fivefold in January to start a record year for the company. ... >> story  Published: Jan 30 3:34 am U.S. Eastern time   Automotive News Blogs Dave Guilford is enterprise editor of Automotive News. How Boeing prepared Alan Mulally for Ford Ever wonder how Alan Mulally walked into Ford from the aircraft industry and knew exactly what to do to whip the company back into shape? ...  Read the blog  Published: Jan 30 4:07 pm U.S. Eastern time   Why one Chevy dealer REALLY loves the new Corvette Stingray MIKE COLIAS: Many people liked Chevrolet's decision to badge its next-generation Corvette with the throwback Stingray name. Steve Hurley really liked it. He's dealer principal at Stingray Chevrolet in Plant City, Fla. ...  Read the blog  Published: Jan 30 1:27 pm U.S. Eastern time     Archived Webinars » Online Reputation by Auto News » Operations Case Study by Microsoft » Mobile Savvy Car Buyers by MAX Systems » Beyond the vehicle by Covisint

» March 15 - Best Dealerships entry deadline » April 15 - PACE Awards » May 14 - Marketing Seminar - Los Angeles     Automotive News' top 5 news stories of the week 1. Ford posts $1.6B quarterly profit, predicts wider losses in Europe 2. Corvette convertible prepped for Geneva motor show 3. U.S. Treasury failed to curb excess 2012 pay at GM, Ally, watchdog says 4. Tesla's Musk extends a hand to get Boeing Dreamliner flying again 5. Transportation Secretary Ray LaHood to step down     Chrysler Q4 profits jump 68% to $378 million Chrysler Group reported net income of $378 million in the fourth quarter as a yearlong string of sales gains in the United States led the automaker to its second consecutive annual profit. ... >> story  Published: Jan 30 6:47 am U.S. Eastern time / UPDATED: 1/30/13 7:25 am ET - adds more coverage   Ferrari to help Alfa Romeo on engines, Marchionne says Fiat SpA will announce within a month a technical cooperation between its Ferrari and Maserati subsidiaries on engine work aimed at rebuilding the Alfa Romeo brand, Fiat-Chrysler CEO Sergio Marchionne said Wednesday. ... >> story  Published: Jan 30 2:31 pm U.S. Eastern time   Fiat wants to quickly buy UAW trust's stake in Chrysler IPO still a possibility too, Marchionne says Fiat-Chrysler CEO Sergio Marchionne said the Italian automaker would like to see the minority holder of U.S. affiliate Chrysler Group LLC sell out as soon as possible. ... >> story  Published: Jan 30 3:30 pm U.S. Eastern time   Fiat Q4 profit up 29% helped by narrower Europe loss Fiat reported a 29 percent gain in fourth-quarter profit, boosted by record sales of Jeep models and narrower losses in Europe. ... >> story  Published: Jan 30 5:00 am U.S. Eastern time / UPDATED: 1/30/13 9:05 am ET - add details   Reaction: Concern over future cash generation, product delays, margins What analysts have to say about Chrysler's 2012 financial results and outlook: ... >> story  Published: Jan 30 9:10 am U.S. Eastern time   Honda puts Siri in three '13 models American Honda says it will install Apple's Siri voice-activated telematics assistant into several of its 2013 models. The 2013 Honda Accord and Acura RDX and ILX will offer Siri as a dealer-installed option, the company said in a statement today. ... >> story  Published: Jan 30 10:40 am U.S. Eastern time   Auto insurance 'arms race' questioned: Rodgers clashes with Flo American auto insurers, a group that has enlisted Hollywood actors and professional athletes to pitch their coverage, failed to boost sales even after spending billions of dollars on advertisements, McKinsey says. ... >> story  Published: Jan 30 11:54 am U.S. Eastern time   With redesigned '14 Forester, Subaru counts on a sales jump Subaru expects sales of its Forester crossover to increase by about a third this year to at least 100,000 units with the arrival of a redesigned, slightly larger version in March. ... >> story  Published: Jan 28 12:01 am U.S. Eastern time

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