Today's News
Today's News - November 6, 2012
**KBB in the News**
Used-car prices expected to rise
http://www.autonews.com/article/20121105/RETAIL07/311059953/used-car-prices-expected-to-rise
Hyundai, Kia resale values to weather storm of fuel economy blunder: Experts
October auto sales: Battered by Sandy, but still strong
http://newyork.cbslocal.com/2012/11/05/october-auto-sales-battered-by-sandy-but-still-strong/
**KBB Editorial**
Honda celebrates 30 years of U.S. vehicle production
http://www.kbb.com/car-news/all-the-latest/honda-celebrates-30-years-of-us-vehicle-production/
New Volvo EV fast charger can cut recharge interval to 1.5 hours
Automakers continue ramping up Hurricane Sandy relief efforts
**Top News**
American Suzuki Motor files for bankruptcy protection
http://www.bloomberg.com/news/2012-11-06/american-suzuki-motor-files-for-bankruptcy-protection.html
Suzuki departure not surprising in competitive U.S. market
http://www.cnbc.com/id/49710851
Suzuki to stop U.S. auto sales, exit market
http://money.cnn.com/2012/11/05/autos/american-suzuki-bankruptcy/index.html
American Suzuki filing Chapter 11, leaving U.S. car market
Hyundai, Kia sued in U.S. court for overstated fuel-economy labels
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
**OEM/Vehicle News**
BMW sticks to growth plans after quarterly profit rises
Strong Asia sales help BMW in third quarter
Nissan quarterly profit rises 8 percent, lowers forecasts amid uncertainty about China, Europe
Tesla ramps up Model S production, Toyota profit triples
http://www.latimes.com/business/autos/la-fi-mo-autos-tesla-toyota-earnings-20121105,0,1656817.story
Tesla needs cash flow to silence skeptics
http://www.marketwatch.com/story/tesla-needs-cash-flow-to-silence-skeptics-2012-11-05
Mitsubishi takes last shot, names new U.S. chairman
http://www.thedetroitbureau.com/2012/11/mitsubishi-takes-last-shot-names-new-us-chairman/
Mazda chief lobbyist Nocera to retire
http://www.prnewswire.com/news-releases/mazda-chief-lobbyist-nocera-to-retire-177307251.html
Can Ford Fusion stand out in a sea of sameness?
http://www.thedetroitbureau.com/2012/11/mmm-special-can-ford-fusion-stand-out-in-sea-of-sameness/
Mercedes irks investors as ambitious sales plan undermines profit hopes
VW sells 2.5 billion-Euro convertible bond to boost funds
Ford, GM agree on $6.5 million rescue deal for Australian supplier
**Dealer/Industry News**
Study: Web shopping cuts dealership visits
Report: New-car fuel economy hits all-time high
http://blogs.wsj.com/drivers-seat/2012/11/05/report-new-car-fuel-economy-hits-all-time-high/
Hertz extends tender offer to acquire Dollar Thrifty for second time
A123 Systems secures $50 million bankruptcy loan from Wanxiang
**Ad/Media/Marketing News**
Lincoln to launch MKZ with a major marketing push next month
http://www.freep.com/apps/pbcs.dll/article?AID=2012311060045
Subaru releases iPad app for all-new 2013 XV Crosstrek
Nissan takes multichannel approach with new mobile campaign
http://www.mobilemarketer.com/cms/news/content/14151.html
Nissan vids: Sentra can teach you the moves
Chrysler helps out with Sandy
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