Today's News
This week’s Hot Car Report features two models slated to go on sale soon. The Cadillac ATS is GM’s foray into the entry-level luxury market, designed to compete head-to-head with stalwarts such as the BMW 3 Series and Audi A4. The ATS should arrive at dealer lots within a few months, and GM aggressively has been marketing the model in hopes that this will translate into sales…
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, Market Intelligence Web Analyst, Kelley Blue Book’s KBB.com
**Top News**
GM says Girsky replaces Stracke as chief of Europe unit
Hyundai Motor faces looming strike imperiling momentum
http://www.bloomberg.com/news/2012-07-11/hyundai-motor-faces-looming-strike-imperiling-momentum.html
Hyundai, Kia unions to stage 8-hour strikes demanding higher wages and fewer working hours
Hyundai and Kia unions vote to strike
http://blogs.wsj.com/drivers-seat/2012/07/11/hyundai-and-kia-unions-vote-to-strike/
**OEM/Vehicle News**
GM unlikely to share Volt’s green tech with Peugeot
BMW, Peugeot joint hybrid research team to end
Toyota’s new Avalon hybrid sedan will hit 40 mpg
Mercedes vs. BMW: Big fight over small cars
http://money.cnn.com/galleries/2012/autos/1207/gallery.bmw-mercedes-rivalry.fortune/
Audi bets on upscale image over affordability in 2013 Allroad
Family cars: Not sexy, but selling
http://features.blogs.fortune.cnn.com/2012/07/12/family-cars-not-sexy-but-selling/
Aston Martin’s topless V12 Vantage arrives for summer
Tesla opening stores in places car buyers wouldn’t think to shop
http://articles.latimes.com/2012/jun/30/business/la-fi-autos-tesla-20120630
GM to bring thousands of IT jobs in-house
Peugeot to shut plant to raise job cuts to 14,000 posts
**Dealer/Industry News**
China auto sales rose 16% in June, but slowdown looms
http://adage.com/article/global-news/china-auto-sales-rose-16-june-slowdown-looms/235977/
**Ad/Media/Marketing News**
Chrysler named 2012 Detroit Jazz Festival presenting sponsor
Bill Gates-backed EcoMotors to use funding to build more-efficient diesel engine
Twitter loosens up its paid ad requirements
http://www.adweek.com/news/technology/twitter-loosens-its-paid-ad-requirements-141812
How to capitalize on the power of social recommendations
http://www.imediaconnection.com/content/32216.asp
Women more likely to go mobile-only for social activities
http://www.emarketer.com/Article.aspx?R=1009183&ecid=a6506033675d47f881651943c21c5ed4
***Want even more news from Kelley Blue Book’s KBB.com? Follow us on Twitter: www.twitter.com/kelleybluebook
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