Today's News
With oil refineries ablaze on the West Coast and pipeline malfunctions in the Midwest, the U.S. experienced a rash of gas price increases. KBB.com shoppers immediately adapted to the situation by escaping heavy-duty vehicles and quickly turning their attention to compact cars. The beneficiaries of this trend are the Nissan Versa, Dodge Dart, Hyundai Veloster and Volkswagen Jetta, respectively…
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)
- Arthur Henry, Market Intelligence Manager and Market Analyst, Kelley Blue Book’s KBB.com
**Top News**
Ford boosts investment for battery-powered cars
http://www.bloomberg.com/news/2012-08-15/ford-boosts-investment-for-battery-powered-cars.html
Ford ramps up electric-car development
http://blogs.wsj.com/drivers-seat/2012/08/15/ford-ramps-up-electric-car-development/
Ford envisions electric future with $135M investment
General Motors is headed to bankruptcy – again
The trials of GM’s Dan Akerson
http://money.cnn.com/2012/08/16/autos/gm-dan-akerson.fortune/index.html
Akerson’s ride at the top turns bumpy
**OEM/Vehicle News**
BMW may have padded U.S. July sales to edge Mercedes, report says
Ford’s sales in Europe down 12.3% in July
Tesla’s Musk gets option for 5.27 million shares as incentive
Revamped Camry attracts younger buyers to Toyota
Toyota hints it will make sexy Lexus hybrid sports car
Honda to unveil new Accord sedan next week; promises more athletic look
Toyota’s $26,000 Scion FR-S flutters like hummingbird
http://www.bloomberg.com/news/2012-08-16/toyota-s-26-000-scion-fr-s-flutters-like-hummingbird.html
Volt sales target is red meat for the bashers
BMW’s Phantom sales in Germany show debt-crisis contagion
Jaguar revival cuts Tata bond risk more than Ford: India credit
Battery maker A123 to get initial $25 million from Chinese supplier
Chrysler recalls some ’13 Durangos for air bag problem
**Dealer/Industry News**
Obama delays U.S. fuel-economy ruling past self-imposed deadline
Number of dealerships on the rise
http://content.usatoday.com/communities/driveon/post/2012/08/number-of-dealerships-on-the-rise/1
U.S. Treasury taps former Chrysler exec to save Ally Financial
Used-car scams: It’s easier to get burned on the Internet
http://www.usatoday.com/money/perfi/basics/story/2012-08-15/your-money-used-car-scams/57079486/1
Chinese cars recalled in Australia for asbestos
http://blogs.wsj.com/drivers-seat/2012/08/16/chinese-cars-recalled-in-australia-for-asbestos/
**Ad/Media/Marketing News**
Roger Federer touts Mercedes-Benz GL-Class
Nissan and Second City Communications bring fans 12 hours of live musical improv to introduce the all-new 2013 Pathfinder
Ram truck goes retro for poster-art campaign
Ford equips employees with iPad devices to bolster foot traffic, engagement
http://www.mobilemarketer.com/cms/news/content/13556.html
Lexus sticks with competitor comparisons in model-specific ES app
http://www.luxurydaily.com/lexus-sticks-with-competitor-comparisons-in-model-specific-es-app/
Jaguar targets New Yorkers with gargantuan weekend event
http://www.luxurydaily.com/jaguar-targets-new-yorkers-with-disruptive-weekend-event/
Ferrari seeks wealthy buyers for F12 at Pebble Beach
http://blogs.wsj.com/drivers-seat/2012/08/16/ferrari-seeks-wealthy-buyers-for-f12-at-pebble-beach/
Ouch! Facebook shares selling for less than GM
http://www.freep.com/article/20120816/BUSINESS0101/120816031/facebook-general-motors
Facebook tests news-feed ads that lack social content
http://adage.com/article/digital/facebook-tests-news-feeds-ads-lack-social-context/236695/
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