Today's News
Halo views and upcoming redesigns highlight this week’s gainers for the Hot Car Report. MINI recently announced that it will produce the Clubvan later this year, and that has drummed up interest in another ‘larger’ MINI model, the Countryman.
The Nissan Altima is slated for a redesign this year and Nissan debuted the model at the New York Auto Show. There is sure to be a battle among midsize sedans with four redesigned vehicles coming to the segment this year, and the initial Altima specs look promising…
For the full report and commentary, visit http://mediaroom.kbb.com/hot-car-report/.
(Please note: Past Hot Car Reports are available by clicking the ‘Archives’ link)
- Akshay Anand, Market Intelligence Web Analyst, Kelley Blue Book’s kbb.com
**Top News**
Chrysler first-quarter profit up more than 300%
Chrysler reports strong results
Chrysler profit quadruples to $473 million as U.S. sales rise
VW posts big profit as it drives to be world’s No. 1
Volkswagen Q1 operating profit rises 10% on higher demand at Audi
http://www.autonews.com/apps/pbcs.dll/article?AID=/20120426/COPY01/304269856/1424
European crisis fails to slow VW earnings growth
http://www.thedetroitbureau.com/2012/04/european-crisis-fails-to-slow-vw-earnings-growth/
Hyundai quarterly profit jumps on strong U.S. sales
http://www.autonews.com/apps/pbcs.dll/article?AID=/20120426/COPY01/304269865/1131
Toyota’s tiny Scion iQ boosts U.S. sales by 19 percent
http://www.bloomberg.com/news/2012-04-25/toyota-s-tiny-scion-iq-boosts-u-s-sales-by-19-percent.html
**OEM/Vehicle News**
Ford Q1 profit may fall by almost half on overseas losses
http://www.autonews.com/article/20120426/OEM/304269857/1329
Fiat loss in Europe widens as region’s crisis zaps demand
http://www.bloomberg.com/news/2012-04-26/fiat-1q-result-template.html
Toyota sees silver lining in Chinese clouds
http://blogs.wsj.com/drivers-seat/2012/04/26/toyota-sees-silver-lining-in-chinese-clouds/
EV startup Coda withdraws request for $334 million U.S. loan
Chrysler to let Ally auto-financing pact expire
http://www.bloomberg.com/news/2012-04-25/chrysler-to-let-ally-auto-financing-pact-expire.html
Jeep hopes to exploit China’s appetite for SUVs
Ferrari will launch first hybrid in 2013
Does Buick Regal owe success to older models?
http://blogs.wsj.com/drivers-seat/2012/04/25/does-buick-regal-owe-success-to-older-models/
Trail of clues leading to Chevrolet SS nameplate
Bad labels force another recall of Nissan Titan, Armada
**Dealer/Industry News**
How Chinese drivers will influence your next car
In China, car grilles bloom
Greenest states to own an electric car
http://money.cnn.com/2012/04/26/autos/electric-cars-emissions/index.htm
**Ad/Media/Marketing News**
Bentley offers virtual test drive in app update
http://www.luxurydaily.com/bentley-offers-virtual-test-drive-in-app-update/
Ford reveals photos of Focus electric NASCAR pace car
‘Imported from Detroit’ T-shirt suit is settled
Google pitches self-driving cars
Ad revenues could take a big hit as tracking issues continue
http://www.mobilemarketer.com/cms/news/advertising/12669.html
Let’s get visual with social media
http://blogs.imediaconnection.com/blog/2012/04/24/lets-get-visual-with-social-media/?ref=IMEDIANEWS
Consumers turn to tablets to research purchase decisions
http://www.emarketer.com/Article.aspx?R=1009000&ecid=a6506033675d47f881651943c21c5ed4
***Want even more news from Kelley Blue Book’s kbb.com? Follow us on Twitter: www.twitter.com/kelleybluebook
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