automobilenews: DAILY: Fiat warns profit to fall as Jeep launch compounds Europe woes | Funding rift prompted Fisker resignation

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DAILY NEWSLETTER	March 19, 2013
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Fiat says profit to fall as Jeep launch compounds Europe woes

Fiat SpA warned first-quarter earnings will fall as U.S. delivery snags at Chrysler Group's Jeep brand compound the effects of Europe's sales slump. ... >> story Published: Mar 19 1:34 pm U.S. Eastern time

Funding rift prompted resignation of Fisker founder, report says

The abrupt resignation of Fisker Automotive's founder Henrik Fisker was prompted by disagreements with the company's chief executive over funding and operational strategy, two people familiar with the matter said. ... >> story Published: Mar 19 11:00 am U.S. Eastern time

A Scientific Approach to Used Car Inventory.
?Just because a red Audi sells well at one dealership does not mean that?s an ideal vehicle for your dealership. As we?ve often told dealers, the wrong vehicle priced right is still the wrong vehicle.?
Click Here!

Higher-volume cars get carbon fiber
Suppliers find ways to cut cost of the strong, lightweight material

Carbon fiber has finally broken out of its European supercar niche. The 2013 SRT Viper and the redesigned 2014 Chevrolet Corvette have carbon fiber hoods and other parts, and the Corvette's production is likely to top 20,000 units this year. ... >> story Published: Mar 18 12:01 am U.S. Eastern time

American Honda keeps RPA as creative agency for Honda; Mullen picked for Acura
MediaVest named media agency for 2 brands

American Honda, following a three-month selection process, picked incumbent RPA to remain its advertising agency for the Honda brand, but has given the Acura business to Boston-based Mullen. ... >> story Published: Mar 18 7:15 pm U.S. Eastern time / UPDATED: 3/18/13 8:14 pm ET - details added

Automotive News Blogs

Why no Disneyland of cars in Detroit?
GABE NELSON: When Volkswagen executives designed the Autostadt, a combination of museum, theme park and car dealership down the road from VW's corporate headquarters, they were not following an old German formula. They were imitating America. ...

Read the blog Published: Mar 19 8:11 am U.S. Eastern time

» 3/28 - Building a Dealer App by DMEautomotive
» 4/4 - Prevent Dealership Fraud by Automotive News
» 6/11-13 - F&I WEEK by Automotive News

Detroit Electric to start EV output in Michigan this summer
Detroit Electric, the Detroit electric vehicle startup led by former Lotus executive Albert Lam, said today it plans to start building a two-seat electric sports car this summer in Michigan. ... >> story Published: Mar 19 4:00 pm U.S. Eastern time

U.S. upgrades probe of fuel leaks in 250,000 Mercedes E-Class models
U.S. safety officials have upgraded an investigation into an estimated 250,000 Mercedes-Benz E-Class sedans for a possible leak from the fuel tank. ... >> story Published: Mar 19 11:16 am U.S. Eastern time

2014 NEW YORK AUTO SHOW
Chrysler video teases '14 Jeep Cherokee
Chrysler Group has released a short video showing the upcoming 2014 Jeep Cherokee Trailhawk traversing obstacles off-road in Texas before its official launch next week at the New York auto show. ... >> story Published: Mar 19 2:10 pm U.S. Eastern time

GM's liquidating trust settlement talks fail
General Motors' old assets in bankruptcy said settlement talks with a group of note holders failed, in a lawsuit over how hedge funds made claims in the company's 2009 bankruptcy. ... >> story Published: Mar 19 10:34 am U.S. Eastern time

BMW, for now, to rely on S.C. plant to build new X4
Despite tight capacity to build its expanding crossover lineup, BMW AG says its Spartanburg, S.C., plant will be the sole global source for the X4 crossover coming next year. ... >> story Published: Mar 19 1:05 pm U.S. Eastern time

Volvo wins approval to produce in China, report says
Volvo Cars, the Swedish carmaker owned by Zhejiang Geely Holding Group Co., won the approval of China's main industry planner to begin making vehicles in the country, three people familiar with the matter said. ... >> story Published: Mar 19 4:34 am U.S. Eastern time

Ford, GM and Fiat hit hard as European auto sales fall 10% in Feb.
Ford, GM and Fiat were the automakers worst hit as European passenger car registrations fell 10 percent in February. The region's deepening recession continued to deter customers from buying cars despite steep discounting. ... >> story Published: Mar 19 4:34 am U.S. Eastern time

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