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Wednesday, January 16, 2013

DAILY: Honda's Mendel lashes out at inaccurate fuel-economy claims | Automakers set pace on safety advances | Toyota settles Utah sudden acceleration suit

 
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DAILY NEWSLETTERJanuary 16, 2013
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2013 AUTOMOTIVE NEWS WORLD CONGRESS
Honda's Mendel lashes out at inaccurate fuel-economy claims
image American Honda's top sales executive chided automakers caught by federal regulators for overstating their fuel economy numbers. ... >> story  Published: Jan 16 11:40 am U.S. Eastern time / UPDATED: 1/16/13 1:21 pm ET - adds Kia, Hyundai responses

2013 DETROIT AUTO SHOW
Automakers set pace on safety advances
imageAs they did with electronic stability control and air bags, automakers are rolling out what they see as the cutting edge of safety technology years before regulators require it or standards are set. ... >> story  Published: Jan 16 12:56 pm U.S. Eastern time

Toyota settles Utah sudden acceleration suit, attorney says
image Toyota agreed to settle a sudden-acceleration lawsuit stemming from a 2010 fatal crash in Utah that was scheduled to go to trial in February, an attorney for the plaintiffs said. ... >> story  Published: Jan 16 2:04 pm U.S. Eastern time

GM in talks with Facebook about return to paid ads
imageGeneral Motors and Facebook are discussing the return of the automaker as a paid advertiser about eight months after GM said it would stop running ads on the social networking website, a top GM executive said. ... >> story  Published: Jan 16 11:31 am U.S. Eastern time

GM defends Opel plan based on new models, steady cuts
image General Motors will stick with an Opel recovery plan that combines ambitious model rollouts with a "series of incremental things" to cut costs over time, the automaker said. Earlier this week, GM was forced to deny reports it was preparing to offload the European unit on partner PSA. ... >> story  Published: Jan 16 4:24 am U.S. Eastern time [REG]

GM sees global profits rising 'modestly' with 2013 models
imageGM, on the verge of reporting a 12th straight quarterly profit, forecast 2013 profit rising "modestly" as new models meet expanding global demand. ... >> story  Published: Jan 15 5:04 pm U.S. Eastern time / UPDATED: 1/16/13 4:32 p.m. ET -- adds closing share price
 
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For Bill Ford, Lincoln is personal
BRADFORD WERNLE: For most members of the Ford Motor management team, the resurrection of the Lincoln brand is a critical component of Ford's strategy to be a complete global car company and a sound business plan. ... arrow Read the blog  Published: Jan 16 12:01 am U.S. Eastern time / UPDATED: 1/16/13 4:26 p.m. ET
 
BlogDUSTIN WALSH
Did Nissan's show marketing make scents?
arrow Read the blog 
 
BlogJESSE SNYDER
Debt ceiling standoff is an auto sales time bomb
arrow Read the blog 
 
BlogAMY WILSON
Dealers like Detroit show, prospects for year
arrow Read the blog 
 

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Automotive News'
top 5 news stories of the week
1. Ford Atlas concept signals next F series, fuel-economy advances
2. Marchionne pushes to end production bottlenecks
3. ELR gives Cadillac green halo
4. Fiat-Chrysler CEO says Alfa Romeo needs a 'wop engine'
5. Cadenza is Kia's new U.S. flagship
 

 image 2013 DETROIT AUTO SHOW
Cadillac may double lineup, report says
Cadillac may double its product lineup over the next four years as part of General Motors' strategy to turn the U.S. luxury brand into a global power, starting late this year with the ELR plug-in hybrid, the upscale sibling of the Chevrolet Volt. ... >> story  Published: Jan 15 4:38 pm U.S. Eastern time

  image Ford says U.S. may change hybrid fuel-economy test procedures
Ford, facing criticism for the fuel-economy performance of some of its models, said the Environmental Protection Agency may change its procedures for testing the mileage of hybrids. ... >> story  Published: Jan 15 9:27 pm U.S. Eastern time / UPDATED: 1/16/13 1:11 pm ET - clarifies comment in 2nd graf

 image Backup camera rule for cars in U.S. still alive, Strickland says
The delayed rule that would require backup cameras in new cars remains "very much" on the table, National Highway Traffic Safety Administrator David Strickland said. ... >> story  Published: Jan 15 8:51 pm U.S. Eastern time

  image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
Audi shoots for 200,000 U.S. sales 'sooner rather than later'
Audi should hit its goal of selling 200,000 vehicles in the United States “sooner rather than later,” Audi of America President Scott Keogh told the Automotive News World Congress today. ... >> story  Published: Jan 16 2:45 pm U.S. Eastern time / UPDATED: 1/16/13 4:41 p.m. ET

 image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
Chrysler's Bigland: Dealers' 'methodical' response to online leads is boosting sales
A sharp focus on responding to Internet leads has allowed Chrysler Group to dramatically decrease both the number of lost leads as well as the time the average customer waits for a response, the automaker's head of United States and Canadian sales said. ... >> story  Published: Jan 16 10:56 am U.S. Eastern time

  image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
M&A opportunities abound as industry strengthens, Penske says
Publicly-owned automotive retailers with the financial muscle to buy new stores now have the perfect opportunity to do so, both in the United States and abroad. That's what Roger Penske, 75, told industry leaders in his keynote address at the Automotive News World Congress Tuesday evening. ... >> story  Published: Jan 15 9:11 pm U.S. Eastern time / UPDATED: 1/15/13 10:44 pm ET - adds detail, photo

 image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
A Detroit legend roils Russian vehicle making
Bo Andersson was one of the most powerful and feared men in the Detroit a few years ago. Now he is a hero of the Russian auto industry. He might still be a little feared, he admits. ... >> story  Published: Jan 15 10:03 pm U.S. Eastern time

  image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
De Nysschen: Infiniti will add four new vehicles
Over the next four years, Infiniti will add at least four additional vehicles with new engines and transmissions, on top of renewing every existing nameplate in its United States lineup, says the company's top executive. ... >> story  Published: Jan 15 6:09 pm U.S. Eastern time

 image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
Analyst sees housing, credit improvements releasing pent-up demand
Light-vehicle sales will rise to 17 million units in the United States by 2015, from 2012's 14.9 million, Morgan Stanley Managing Director Adam Jonas told the Automotive News World Congress. Pent-up demand will fuel that rise, he said. ... >> story  Published: Jan 15 8:32 pm U.S. Eastern time

  image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
More production means more cooperation with suppliers
Rising production in North America has forced automakers to collaborate more closely with their suppliers. And suppliers, in turn, are reaching outside the auto industry to get help. ... >> story  Published: Jan 16 4:09 pm U.S. Eastern time

 image 2013 AUTOMOTIVE NEWS WORLD CONGRESS
Panel sees autonomous driving, in select situations, by 2025
Autonomous driving in some situations will be a reality by 2025 but a fleet of fully autonomous cars on American roads is unlikely, a panel of auto industry executives said at the Automotive News World Congress. ... >> story  Published: Jan 15 6:32 pm U.S. Eastern time

  image Magna expects emerging markets to boost 2013 sales
Diversified auto parts supplier Magna International forecast stronger 2013 sales and profit margins, reflecting gains from fast-growth markets such as China and Brazil. ... >> story  Published: Jan 16 2:16 pm U.S. Eastern time

 image VW's Mexican expansion leads push to boost N.A. sales
Volkswagen CEO Martin Winterkorn opened an engine factory in Mexico to drive forward the automaker's North American offensive. The plant will produce up to 330,000 engines a year. ... >> story  Published: Jan 16 4:34 am U.S. Eastern time

  image Tesla readies first China store
Tesla Motors plans to open a dealership in Beijing -- its first store in China -- this spring to establish a niche for its Tesla Model S electric sedan. George Blankenship, the company's vice president of worldwide sales, said the store will house an 8,000-square-foot facility, much larger than its U.S. ... >> story  Published: Jan 15 5:50 pm U.S. Eastern time

 image 2013 DETROIT AUTO SHOW
Tesla nimbly updates Model S over the air
As a start-up company building a new vehicle in a new plant with many employees new to car assembly, Tesla Motors faces its share of challenges. But Tesla's small size has meant that running changes and product updates have occurred quickly, said Jerome Guillen, the company's director of Model S programs. ... >> story  Published: Jan 16 3:02 pm U.S. Eastern time

First Shift

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