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Thursday, February 23, 2012

DAILY: Chevy Volt cleared for California carpool lanes | Auto-loan rates fall to 4-year low, aiding sales outlook | Chrysler’s Chehab: Keep the Town & Country

Automotive News Daily Email for Registrants, February 23 2012
DAILY NEWSLETTER February 23, 2012
 
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Chevy Volt cleared for California carpool lanes
image DETROIT -- General Motors has begun shipping a low-emissions version of the Chevrolet Volt to dealerships in California, a move GM hopes will revive sales of the plug-in hybrid.
Buyers will be eligible for a $1,500 state rebate and access to the ...
>> story  Published: Feb 23 3:46 pm U.S. Eastern time
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Auto-loan rates fall to 4-year low, aiding sales outlook
image DETROIT (Bloomberg) -- Lenders are charging U.S. car buyers the lowest interest rates in at least four years as fewer borrowers fall behind on their payments, supporting demand for new vehicles, according to researcher Experian Automotive.
The ...
>> story  Published: Feb 23 2:29 pm U.S. Eastern time

Chrysler’s Chehab: Keep the Town & Country
imageDETROIT -- Chrysler brand CEO Saad Chehab said today that if Chrysler Group is to squeeze its minivan lineup from two vehicles down to one, his minivan should be the one that survives.
Speaking to reporters today before being named a Newsmaker of ...
>> story  Published: Feb 23 4:07 pm U.S. Eastern time
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  • Price Daily change 52-week high / low
    General Motors 26.81 +0.98% 35.94 / 19.00
    Ford 12.41 +1.02% 16.18 / 9.05
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    Dana 16.20 +2.60% 19.35 / 9.45
    TRW Automotive 45.89 +1.98% 60.36 / 28.85
    Nissan* 20.62 +1.93% 22.23 / 16.18
    Visteon 54.24 +1.76% 75.94 / 38.32
    Lithia 23.78 +1.62% 27.51 / 13.28
    Bottom Performers Price Daily change 52-week high / low
    Tower International 13.01 -3.84% 18.33 / 9.45
    Johnson Controls 33.47 -3.41% 42.92 / 24.29
    Continental AG* 89.80 -2.60% 110.24 / 52.75
    Volkswagen* 33.58 -1.58% 39.43 / 21.88
    American Axle 12.09 -1.47% 13.87 / 6.77
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    image PHOTO GALLERY
    BMW 6-series Gran Coupe
    With the 6-series Gran Coupe, BMW enters the fast-growing niche for coupe-styled four-door sedans such as the Mercedes-Benz CLS, Audi A7, Porsche Panamera and Aston Martin Rapide. >> Photo Gallery 
    image PHOTO GALLERY
    Mini Clubvan
    The Clubvan concept shows a potential Mini variant targeting companies looking for an upscale small delivery vehicle. >> Photo Gallery 



    JOHN K. TEAHEN JR.
    Show some mercy for the company sales analyst
    image Pity the poor auto sales analyst. After January’s results came in, his boss began bugging him for a full-year forecast to facilitate manufacturing plans and what not.
    And this is impossible. Anyone who has dealt with sales knows that you cannot make an accurate predication based on the month’s results. The best you can hope for is a SWAG – a Scientific Wild-Ass Guess.
    With that in mind, let’s examine the January figures one last time as we await February sales results to come next week.
    The ...
    >> Read the column  Published: Feb 23 12:01 am U.S. Eastern time

    Christina Rogers covers VW and regulatory/legislative issues for Automotive News.
    Why Obama is advertising during a Republican primary
    BlogBarack Obama's re-election campaign threw its counterpunch today to all the negative publicity being heaped on the auto bailouts in the run-up to the Feb. 28 Republican presidential primary in Michigan. ... arrow Read the blog  Published: Feb 23 4:25 pm U.S. Eastern time
    Hyundai makes a pitch for livery-limo niche
    BlogRICK KRANZ: Can Hyundai make a statement in the livery and limo business? It's trying. ... arrow Read the blog  Published: Feb 23 4:15 pm U.S. Eastern time
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