Today's News - October 28, 2011

**KBB in the News**

KBB analysis reveals ownership cost gaps between cross-shopped models

http://www.autoremarketing.com/trends/kbb-analysis-reveals-ownership-cost-gaps-betweeen-cross-shopped-models

Backed by desirable lineup, Chrysler’s 3Q performance illustrates continued turnaround

http://www.autoremarketing.com/retail/backed-desirable-lineup-chrysler%E2%80%99s-3q-performance-illustrates-continued-turnaround

Ownership costs for no credit auto loans

http://www.autocreditexpress.com/blog/2011/10/27/ownership-costs-for-no-credit-auto-loans/

**Top News**

Chinese carmakers agree to buy Saab, pulling it back from the brink

http://www.nytimes.com/2011/10/29/business/global/chinese-carmakers-to-buy-saab-pulling-it-back-from-the-brink.html?_r=3

Ford, General Motors debt ratings raised to highest junk rating by Moody’s

http://www.bloomberg.com/news/2011-10-27/moody-s-raises-ford-and-gm-credit-ratings-on-labor-agreements.html

Fiat shares fall as Italian sales slump leads to third-quarter crash burn

http://www.bloomberg.com/news/2011-10-27/fiat-quarterly-profit-triples-on-chrysler-demand.html

**OEM/Vehicle News**

Porsche’s nine-month profit rises 25 percent on demand for Cayenne

http://www.autonews.com/apps/pbcs.dll/article?AID=/20111028/ANE/310289821/1131

Toyota updates on production due to Thailand floods, hires group VP of government affairs

http://www.autoremarketing.com/trends/toyota-updates-production-due-thailand-floods-hires-group-vp-government-affairs

Ford Explorer lane alerts step up safety

http://detnews.com/article/20111028/AUTO01/110280348/1148/auto01/Ford-Explorer-lane-alerts-step-up-safety

Ford rolls out a reproduction body shell for the 1965 Mustang convertible

http://www.autoweek.com/article/20111028/SEMA/111029877

Volvo recalls almost 20,000 cars for improper tire labels

http://blogs.wsj.com/drivers-seat/2011/10/28/volvo-recalls-almost-20000-cars-for-improper-tire-labels/

Lotus recalls 5,000 Elise and Exige models for oil leak

http://wheels.blogs.nytimes.com/2011/10/28/lotus-recalls-5000-elise-and-exige-models-for-oil-leak/?ref=automobiles

**Dealer/Industry News**

Chrysler CEO: 2-tier wage structure with UAW not viable over long run

http://www.autonews.com/apps/pbcs.dll/article?AID=/20111028/OEM/111029882/1424

**Ad/Media/Marketing News**

BMW flaunts sustainability vehicles through solo app sponsorship

http://www.luxurydaily.com/bmw-flaunts-sustainability-vehicles-through-solo-app-sponsorship/

The mobile optimization strategy every brand must employ

http://www.imediaconnection.com/content/30374.asp

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