Today's News - November 5, 2012

**Top News**

 

Drive On: Hyundai, Kia bury bad news on mpg reductions

http://www.usatoday.com/story/driveon/2012/11/03/hyundai-kia-gas-mileage-mpg-reductions/1679133/

 

Hyundai, Kia admit cars' gas mileage is lower than advertised

http://www.latimes.com/business/autos/la-fi-autos-hyundai-mpg-20121103,0,5715498.story

 

Hyundai, Kia take hits on mileage claims

http://www.mediapost.com/publications/article/186560/hyundai-kia-take-hits-on-mileage-claims.html?edition=53137

 

Toyota’s success with Prius shows Japan Inc. can be profitable

http://www.bloomberg.com/news/2012-11-05/toyota-raises-profit-forecast-after-sales-in-u-s-japan-gain.html

 

Toyota doubles N.A. earnings, lifts global forecast

http://www.autonews.com/apps/pbcs.dll/article?AID=/20121105/OEM01/311059898/toyota-doubles-n-a-earnings-lifts-global-forecast

 

Toyota quarterly profit triples to $3.2 billion, raises forecast despite China sales slump

http://www.washingtonpost.com/business/toyota-quarterly-profit-triples-to-32-billion-raises-forecast-despite-china-sales-slump/2012/11/05/615842c2-2713-11e2-ac64-5d52a2c5953e_story.html

 

 

**OEM/Vehicle News**

 

GM, Ford sales rise in China as consumers shun Japanese brands

http://www.autonews.com/article/20121105/GLOBAL03/121109931/gm-ford-sales-rise-in-china-as-consumers-shun-japanese-brands

 

GM reports $11 billion revolver to boost borrowing power

http://www.bloomberg.com/news/2012-11-05/gm-announces-new-11-billion-revolving-credit-facility.html

 

GM lags in Europe restructuring as Ford closes plants

http://www.autonews.com/apps/pbcs.dll/article?AID=/20121104/COPY01/311049998/gm-lags-in-europe-restructuring-as-ford-closes-plants

 

Ford names chief operating officer, a move seen as succession plan

http://www.latimes.com/business/autos/la-fi-autos-ford-ceo-20121102,0,518618.story

 

Tesla’s quarterly revenue beats estimates as output expands

http://www.bloomberg.com/news/2012-11-05/tesla-quarterly-loss-meets-expectations-as-model-s-output-rises.html

 

Why China isn't going to build cars for the U.S. anytime soon

http://www.freep.com/article/20121105/BUSINESS01/311050117/Why-China-isn-t-going-build-cars-U-S-anytime-soon

 

Marchionne planning to drop Lancia brand

http://www.thedetroitbureau.com/2012/11/marchionne-planning-to-drop-lancia-brand/

 

Ghosn: We need another N.A. plant

http://www.autonews.com/article/20121105/OEM01/311059976/ghosn-we-need-another-n-a-plant

 

One pricey ‘Civic:’ Honda starts production of $4.5 million airplane

http://blogs.wsj.com/drivers-seat/2012/11/04/one-pricey-civic-honda-starts-production-of-4-5-million-airplane/

 

Ito predicts Fit will lead a surge in Honda sales

http://www.autonews.com/apps/pbcs.dll/article?AID=/20121105/OEM01/311059975/ito-predicts-fit-will-lead-a-surge-in-honda-sales

 

 

**Dealer/Industry News**

 

Survey: Fuel economy in new cars hits highest level since '07

http://www.detroitnews.com/article/20121105/AUTO01/211050381/1148/Survey-Fuel-economy-new-cars-hits-highest-level-since-07

 

 

**Ad/Media/Marketing News**

 

Q&A: Lexus’ Brian Bolain talks cars, campaigns

http://www.mediapost.com/publications/article/186470/qa-lexus-brian-bolain-talks-cars-campaigns.html?edition=53137

 

Hyundai Santa Fe backs Kimmel in Brooklyn

http://www.mediapost.com/publications/article/186469/hyundai-santa-fe-backs-kimmel-in-brooklyn.html?edition=53137

 

Ford Fusion ad campaign launches

http://www.freep.com/apps/pbcs.dll/article?AID=2012311030028

 

No, Mr. Bond, I expect you to vroooooom

http://www.marketwatch.com/story/no-mr-bond-i-expect-you-to-vroooooom-2012-11-03

 

Martha Stewart pitches Toyota Avalon

http://www.thedetroitbureau.com/2012/11/martys-marketing-minutia-domestic-goddess-edition/

 

 

 

 

 

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