Today's News
The unique Smart Fortwo is gaining attention from the buzz surrounding the recent news of the automaker’s next iteration, the Electric Drive. An attractive selling point for the new electric Smart will be its price point, starting around $25,000 before tax credits. The new model is set to arrive stateside during spring 2013, and consumer interest likely will only ramp up from here as the launch date for the Fortwo Electric Drive approaches…
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**
Honda, Suzuki cars perform best, Toyota falters in IIHS cash testing
Toyota Camry gets slammed in new crash test
http://money.cnn.com/2012/12/20/autos/toyota-camry-iihs-crash-test/index.html
Toyota's Camry, Prius v beaten up in crash test [slow-mo video]
Cheaper midsize cars rated safer than luxury models
http://www.cnbc.com/id/100329195
Muscle car comes home: GM to shift Camaro production to the U.S.
Camaro production returning to the United States
http://wheels.blogs.nytimes.com/2012/12/19/camaro-production-returning-to-the-united-states/
**OEM/Vehicle News**
Akerson vows never again as new GM awaits final U.S. sale
GM: Farewell, government ownership, hello corporate jets
http://blogs.wsj.com/corporate-intelligence/2012/12/19/gm-might-be-in-the-market-for-some-jets-soon/
GM sheds some 'Government Motors' stigma with $5.5 billion stock purchase
Fiat to spend $1.33 billion on SUVs to boost capacity use
Tesla will need more loans to stay afloat in 2013
http://www.marketwatch.com/story/tesla-will-need-more-loans-to-stay-afloat-in-2013-2012-12-20
Tesla begins Europe sales push with higher-end Model S
Tesla names new Daimler exec to board
http://www.autonews.com/article/20121219/OEM05/312199820/tesla-names-new-daimler-exec-to-board
Peugeot reaches EU11.5 billion refinance deal with banks
GM cuts Sonic, Verano output to trim stockpiles
GM recalls 145,628 mid-sized pickups for hood latch issue
Toyota puts wireless phone charging in Avalons
http://www.usatoday.com/story/money/cars/2012/12/19/inductive-charging-toyota/1779941/
**Dealer/Industry News**
AutoTraderClassics.com ‘Ride or Restore’ contest winner hopes to recapture first love
Manheim moves Cadigan to new VP post
http://www.autoremarketing.com/wholesale/manheim-moves-cadigan-new-vp-post
CarMax climbs to record on strength of used car market
http://www.bloomberg.com/news/2012-12-20/carmax-climbs-to-record-on-strength-of-used-car-market.html
Warnings not to use ‘E15’ gas in your car
http://video.foxbusiness.com/v/2000862202001/
**Ad/Media/Marketing News**
Ford accelerates engagement via mobile
http://www.mobilemarketer.com/cms/news/content/14445.html
GM moves Chevy Silverado ad duties to Publicis’ Leo Burnett
http://adage.com/article/agency-news/gm-moves-chevy-silverado-ad-duties-publicis-leo-burnett/238849/
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