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

http://www.autoguide.com/auto-news/2012/11/hyundai-kia-resale-values-to-weather-storm-of-fuel-economy-blunder-experts.html

 

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

http://www.kbb.com/car-news/all-the-latest/new-volvo-ev-fast-charger-can-cut-recharge-interval-to-15-hours/

 

Automakers continue ramping up Hurricane Sandy relief efforts

http://www.kbb.com/car-news/all-the-latest/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

http://blogs.wsj.com/drivers-seat/2012/11/05/american-suzuki-filing-chapter-11-leaving-u-s-car-market/

 

Hyundai, Kia sued in U.S. court for overstated fuel-economy labels

http://www.autonews.com/article/20121105/OEM05/121109923/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

http://www.bloomberg.com/news/2012-11-06/bmw-profit-beats-estimates-as-china-growth-offsets-europe.html

 

Strong Asia sales help BMW in third quarter

http://www.nytimes.com/2012/11/07/business/global/strong-asia-sales-help-bmw-in-third-quarter.html?ref=automobiles

 

Nissan quarterly profit rises 8 percent, lowers forecasts amid uncertainty about China, Europe

http://www.washingtonpost.com/business/nissan-quarterly-profit-rises-8-percent-lowers-forecasts-amid-uncertainty-about-china-europe/2012/11/06/2143e332-27e8-11e2-ac64-5d52a2c5953e_story.html

 

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

http://www.detroitnews.com/article/20121106/OPINION03/211060312/1148/AUTO01/Mercedes-irks-investors-ambitious-sales-plan-undermines-profit-hopes

 

VW sells 2.5 billion-Euro convertible bond to boost funds

http://www.bloomberg.com/news/2012-11-06/vw-sells-2-5-billion-euro-convertible-bond-to-boost-funds.html

 

Ford, GM agree on $6.5 million rescue deal for Australian supplier

http://www.autonews.com/apps/pbcs.dll/article?AID=/20121106/OEM01/121109915/ford-gm-agree-on-6-5-million-rescue-deal-for-australian-supplier

 

 

**Dealer/Industry News**

 

Study: Web shopping cuts dealership visits

http://www.autonews.com/article/20121105/RETAIL07/311059990/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

http://www.autoremarketing.com/financial-services/hertz-extends-tender-offer-acquire-dollar-thrifty-second-time

 

A123 Systems secures $50 million bankruptcy loan from Wanxiang

http://www.autonews.com/apps/pbcs.dll/article?AID=/20121106/OEM10/311069780/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

http://www.prnewswire.com/news-releases/subaru-releases-ipad-app-for-all-new-2013-xv-crosstrek-177463521.html

 

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

http://www.mediapost.com/publications/article/186571/nissan-vids-sentra-can-teach-you-the-moves.html?edition=53184

 

Chrysler helps out with Sandy

http://www.mediapost.com/publications/article/186616/chrysler-helps-out-with-sandy.html?edition=53184

 

 

 

 

 

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Key Contacts

Director, Public Relations
Lisa Aloisio
404.725.0651
lisa.aloisio@coxautoinc.com

Sr. Public Relations Manager
Brenna Buehler
949.473.6595
brenna.buehler@coxautoinc.com

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