Today's News
Two of the top five vehicles in terms of growth in share on kbb.com this week hail from Lexus. The Lexus RX is gaining interest due to its impending redesign, and it is expected to garner more buzz as additional information is released. Shopper interest in the Lexus LS also is gaining steam. Toyota Motor Sales, Lexus’ parent company, announced the discontinuation of the Lexus HS model, and this indirectly shed light toward the LS because it is one of Lexus’ hybrid variants…
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)
- Arthur Henry, Market Intelligence Manager and Market Analyst, Kelley Blue Book’s kbb.com
**Top News**
BMW quadrupling China capacity risks Audi-like dependence
BMW fined $163 million by Swiss Competition regulator
http://www.bloomberg.com/news/2012-05-24/bmw-fined-163-million-by-swiss-competition-regulator.html
Ford adds almost $1,000 to next Fusion sedan’s price
The 102 mpg Honda Civic
http://www.autonews.com/article/20120524/BLOG06/120529955/1503/the-102-mpg-honda-civic
**OEM/Vehicle News**
With Mazda, Alfa may have the right partner for a Spider revival
Will Mazda-Fiat deal hurt Miata’s pedigree?
http://blogs.wsj.com/drivers-seat/2012/05/23/will-mazda-fiat-deal-hurt-miatas-pedigree/
Fiat announces alliance with Mazda for new roadsters
Cadillac’s Hail Mary, dressed in a tux
http://features.blogs.fortune.cnn.com/2012/05/23/cadillac-xts/
Cadillac XTS’ seat shakes to warn drivers of hazards
BMW has big(ger) plans for its high-performance M brand
http://www.thedetroitbureau.com/2012/05/bmw-has-bigger-plans-for-its-high-performance-m-brand/
Kim Custer dies at 62; was spokesman for Mitsubishi, import-brand trade group
GM appoints vice president for global quality
GM Korea won’t shift Chevrolet production to Europe, CEO says
Mazda winds down at Ford’s Flat Rock plant
GM plans expansion of design studio
U.S. safety regulators add 2012 model year to probe of Chevrolet Cruze fires
New Chevrolet Malibus, older Acura TLs recalled
http://blogs.wsj.com/drivers-seat/2012/05/24/new-chevrolet-malibus-older-acura-tls-recalled/
**Dealer/Industry News**
Defunct auto supplier latest focus of Obama-Romney battle
Higher ethanol concentrations could hurt vehicles, study says
Formula One said to seek $450 million for itself in Asia IPO
**Ad/Media/Marketing News**
Ford and Yahoo home in on Electric Focus
Chevy Volt twin, Ampera, going into Hertz fleet
http://www.thedetroitbureau.com/2012/05/chevy-volt-twin-ampera-going-into-hertz-fleet/
Chrysler’s ‘Imported from Detroit’ campaign wins Grand Effie award
Facebook ownership structure should scare investors more than botched IPO
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