Today's News
Tesla is back in the news for two big reasons: it expects to turn a profit for the first time in company history, and it announced a ‘revolutionary’ lease program for consumers with flat fees depending on the Model S trim. Tesla also factors in various costs, such as time, gas savings and incentives when discussing the leases. Purchasers also can sell their Model S down the road with a specific residual value. Consumers always take note when a deal interests them, especially when it’s for a car as hot as the Model S…
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, Kelley Blue Book Insights, Kelley Blue Book’s KBB.com
**Top News**
Japanese car makers recalling more than 3 million vehicles for faulty airbags
Honda, Nissan and Toyota in massive recall
http://money.cnn.com/2013/04/11/news/toyota-honda-airbag-recall/index.html
As electric car sales struggle, Obama calls for more funding
http://www.cnbc.com/id/100633877
Automakers, suppliers call on Congress to lower corporate taxes
**OEM/Vehicle News**
GM CEO meets Merkel as two sides bury past differences
http://www.bloomberg.com/news/2013-04-11/gm-ceo-meets-merkel-as-two-sides-bury-past-differences.html
Musk: Tesla could build second plant in Texas
Ford, allies in Congress make case for EU trade deal
**Dealer/Industry News**
Gasoline futures fall as U.S. inventories grow
Is Michigan repeating economic mistakes of past?
http://www.freep.com/article/20130411/COL06/304110058/walsh-wayne-state
**Ad/Media/Marketing News**
GM friends Facebook, pointing to its significant role in mobile advertising http://www.mobilemarketer.com/cms/news/social-networks/15135.html
Lexus crosses country with concert tour
Experian consolidates media duties with OMD
http://adage.com/article/agency-news/experian-consolidates-media-duties-omd/240821/
Managing online reputation: What to listen for, and where
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