Today's News
With gas prices on a steady increase to nearly 50 cents nationwide in the past month alone, consumers are looking for ways to minimize their fuel consumption to cut costs, as evidenced by the various representations of fuel efficient cars in this week’s Hot Car Report. The Scion iQ achieves high fuel-efficient ratings of 36 city/37 highway mpg by mixing a light-weight chassis with a fuel-sipping small displacement engine…
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)
- Joe Lu, Market Intelligence Sr. Analyst, Kelley Blue Book’s KBB.com
**Top News**
GM said to target up to 20% growth for Volt cars in 2013
Drive On: GM boosting plug-in car output by 20%
http://www.usatoday.com/story/driveon/2013/02/28/chevrolet-volt-gm-cadillac-elr/1952987/
Chevy Volt changes messaging, sales go up
http://www.ragan.com/Main/Articles/46299.aspx#
**OEM/Vehicle News**
Why this Jeep should sell - whether you call it Cherokee or not
Jeep brand is expanding at both ends of the SUV spectrum
GM guarantees German jobs in exchange for pay freeze
Honda to open first new Japan plant in 49 years
Ford Motor Co. signs deal to sell cars and pickup trucks in Myanmar
Chrysler unveils plans to make transmissions in Tipton, Ind.
Inside the kerfuffle over GM CEO's pay package
http://features.blogs.fortune.cnn.com/2013/02/28/inside-the-kerfuffle-over-gm-ceos-pay-package/
Hyundai is nearing settlement on inflated fuel economy litigation
http://www.latimes.com/business/autos/la-fi-hy-hyundai-kia-fuel-lawsuit-20130227,0,3220476.story
**Dealer/Industry News**
Webb details impact of ‘thinner’ dealer margins on remarketing strategies
UAW meets with Nissan workers in Tenn. about organizing
**Ad/Media/Marketing News**
Ford launches chapter 2 of C-MAX campaign
***Want even more news from Kelley Blue Book’s KBB.com? Follow us on Twitter: www.twitter.com/kelleybluebook
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