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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Canadian railroad strike could pinch U.S. car supply]]></title><link>http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/</guid><comments>http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/etc/" rel="tag">Etc.</a>, <a href="http://www.autoblog.com/category/plants-manufacturing/" rel="tag">Plants/Manufacturing</a>, <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/honda/" rel="tag">Honda</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/canada/" rel="tag">Canada</a></p><a href="http://www.thedetroitbureau.com/2012/05/canadian-rail-strike-may-mean-u-s-vehicle-shortages/"><img alt="Canadian Railway strike - locomotives in yard"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/canada-rail-strike.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 438px; " /></a><br />
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TheDetroitBureau.com reports 5,000 Canadian Teamster union members moved to strike against the Canadian Pacific Railroad after last-minute negotiations failed to reach a fruitful agreement. As a result <a href="http://www.autoblog.com/chrysler">Chrysler</a>, <a href="http://www.autoblog.com/tag/general motors">General Motors</a>, <a href="http://www.autoblog.com/ford">Ford</a>, <a href="http://www.autoblog.com/honda">Honda</a> and <a href="http://www.autoblog.com/toyota">Toyota</a> have all seen their vehicle shipments bottlenecked. The railroad company has closed a full 15,000 miles of track across both Canada and the U.S., and the Canadian government has already threatened take action to put an end to the standoff. Those tracks typically handle a large portion of vehicle commerce, including moving both complete cars and components to and from manufacturing facilities.<br />
<br />
According to TDB, Canadian Pacific Railroad serves auto manufacturing facilities across Ontario and the U.S. Midwest, helping to link those plants with sister locations in <a href="http://www.autoblog.com/tag/mexico">Mexico</a>. Chrysler says the company is currently investigating alternative shipping methods in the event the strike continues much longer. Honda, meanwhile, has said <a href="http://www.autoblog.com/honda/cr-v">CR-V</a> shipments have already been impacted by the issue.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/">Canadian railroad strike could pinch U.S. car supply</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 28 May 2012 09:58:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20245854/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/28/canadian-railroad-strike-could-pinch-u-s-car-supply/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>canadian pacific</category><category>canadian pacific railroad</category><category>canadian pacific railroad strike</category><category>chrysler</category><category>ford</category><category>general motors</category><category>gm</category><category>honda</category><category>mexico</category><category>ontario</category><category>railroad strike</category><category>strike</category><category>teamster</category><category>toyota</category><dc:creator><![CDATA[Zach Bowman]]></dc:creator><pubDate>Mon, 28 May 2012 09:58:00 EST</pubDate>
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</item><item><title><![CDATA[What supercars would look like if they were designed by engineers [w/video]]]></title><link>http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/</guid><comments>http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/aftermarket/" rel="tag">Aftermarket</a>, <a href="http://www.autoblog.com/category/conceptcars/" rel="tag">Concept Cars</a>, <a href="http://www.autoblog.com/category/coupes/" rel="tag">Coupe</a>, <a href="http://www.autoblog.com/category/sports/" rel="tag">Performance</a>, <a href="http://www.autoblog.com/category/etc/" rel="tag">Etc.</a>, <a href="http://www.autoblog.com/category/tech/" rel="tag">Technology</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/uk/" rel="tag">UK</a>, <a href="http://www.autoblog.com/category/design-style/" rel="tag">Design/Style</a>, <a href="http://www.autoblog.com/category/racing/" rel="tag">Racing</a></p><a href="http://www.autoblog.com/photos/grabcad-500-group-supercar-body-challenge/"><img alt="GrabCAD 500 Group Supercar Body Challenge street winner" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/01-500-group-body-628.jpg" style="margin: 4px 0px; border-width: 0px; border-style: solid; width: 628px; height: 388px; " /></a><br />
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Often, engineers are forced to sit and watch as accountants and stylists wreak havoc on a vehicle's design. <a href="http://blog.grabcad.com/2012/05/500-group-results/">GrabCAD</a> recently decided to turn the tables by giving engineers the chance to pen a body for a ready-made chassis by 500 Group. The site was flooded with 200 unique designs completed in just 40 days. The top quarter of those went on for final judging in two categories: street and track. 500 Group will then actually produce one or more of the designs through a <a href="http://www.autoblog.com/tag/general motors">General Motors</a> Special Projects agreement.<br />
<br />
The chassis makes use of a number of GM Performance parts, and is set up to make use of the <a href="http://www.autoblog.com/tag/e-rod/">E-Rod</a> LS3, LS7 or supercharged LS9 V8 engines. One skinless chassis has already been completed for testing.<br />
<br />
Each concept body has plenty of renderings as well as full description. Be sure to check out the full press release below, as well as a video of the chassis on track. Then, head over to the <a href="http://blog.grabcad.com/2012/05/500-group-results/">GrabCAD</a> site for a deeper dive.<p><a href="http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/" rel="bookmark">Continue reading <em>What supercars would look like if they were designed by engineers [w/video]</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/">What supercars would look like if they were designed by engineers [w/video]</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Sat, 26 May 2012 20:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20244668/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/26/what-supercars-would-look-like-if-they-were-designed-by-engineer/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>500 group</category><category>body</category><category>chassis</category><category>concept</category><category>design</category><category>e-rod</category><category>general motors</category><category>general motors special projects</category><category>gm</category><category>grabcad</category><dc:creator><![CDATA[Zach Bowman]]></dc:creator><pubDate>Sat, 26 May 2012 20:01:00 EST</pubDate>
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</item><item><title><![CDATA[Cadillac Escalade to get new lease on life in 2014]]></title><link>http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/</guid><comments>http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/suvs/" rel="tag">SUV</a>, <a href="http://www.autoblog.com/category/cadillac/" rel="tag">Cadillac</a>, <a href="http://www.autoblog.com/category/chevrolet/" rel="tag">Chevrolet</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/luxury/" rel="tag">Luxury</a></p><a href="http://www.autoblog.com/photos/2011-cadillac-escalade-hybrid-platinum-review/"><img alt="Cadillac Escalade" src="http://www.blogcdn.com/www.autoblog.com/media/2011/06/cadillac-escalade-hybrid-platinum.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 417px;" /></a><br />
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Known for unmitigated excess to some, the <a href="http://www.autoblog.com/cadillac/escalade/">Cadillac Escalade</a> embodies over-the-top transportation for oil barons and high-rolling hip-hop stars. <a href="http://www.thedetroitbureau.com/2012/05/gm-gives-cadillac-escalade-a-reprieve">TheDetroitBureau.com</a> quotes an unnamed senior <a href="http://autoblog.com/cadillac">Cadillac</a> official as saying, "We were finding that for everyone turned on by that image there were four (potential luxury buyers) who were [turned off]." Add in national gas prices flirting with $5 a gallon, and the Escalade seemed destined to join the flamboyant fins of the <a href="http://en.wikipedia.org/wiki/Cadillac_Eldorado#1959.E2.80.931960">1959 Eldorado</a>.<br />
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But TDB says <a href="http://autoblog.com/tag/gm">General Motors</a> saw too much profit in the tanker-sized truck and plans to refresh it in early 2014 as a 2015 model. The Bureau predicts the SUV will continue to be body-on-frame with the new 2013 <a href="http://autoblog.com/chevrolet">Chevrolet</a> pickup underpinnings holding it all together. It's probably safe to assume the luxury will be upsized, the engine uptuned and the price upjacked.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/">Cadillac Escalade to get new lease on life in 2014</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 23 May 2012 10:28:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20243195/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/23/cadillac-escalade-to-get-new-lease-on-life-in-2014/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2014 cadillac escalade</category><category>cadillac</category><category>escalade</category><category>general motors</category><category>slade</category><dc:creator><![CDATA[Chris Tutor]]></dc:creator><pubDate>Wed, 23 May 2012 10:28:00 EST</pubDate>
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</item><item><title><![CDATA[GM pulls advertising from next Super Bowl after Facebook exit]]></title><link>http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/</guid><comments>http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/marketing-advertising/" rel="tag">Marketing/Advertising</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a></p><img alt="General Motors logo" class="right border"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/gm-logo-nov2010.jpg" style="margin-top: 4px; margin-bottom: 4px; float: right; width: 250px; height: 250px; " />The overhaul of <a href="http://www.autoblog.com/gm">General Motors</a>' marketing battle plan isn't finished. <em>The Wall Street Journal</em> reports that Joel Ewanick, GM's global marketing chief, is giving the brand a hiatus from Super Bowl advertising, believing it's just got too expensive and that variety is called for. Thirty-second spots for next year's big game are projected to cost $3.8 million.<br />
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The development comes quickly after GM decided to <a href="http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/">stop buying ads on Facebook</a> citing a lack of effectiveness (<a href="http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/">to which Ford responded</a>), and comes during a year of realignment efforts throughout the company: a <a href="http://www.marketingmag.ca/news/agency-news/where-gm-sits-in-canada%E2%80%99s-media-landscape-34814">global review of accounts</a> began earlier this year and <a href="http://www.autoblog.com/2012/01/17/gm-marketing-changes-to-run-deep/">some were quickly let go</a>, a brand <a href="http://www.autoblog.com/2012/04/17/chevys-new-ad-agency-commonwealth-picks-downtown-detroit-as-hom/">new agency was created</a> for <a href="http://www.autoblog.com/chevrolet">Chevrolet</a> and set up shop in Detroit, and personnel <a href="http://www.mediapost.com/publications/article/175104/big-changes-at-gm-marketing.html">are being realigned</a>.<br />
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The General's global ad spend in 2011 was $4.7 billion, and word is that GM doesn't plan on spending less, it only wishes to spend better - Ewanick says the changes made so far will net the company $2 billion in savings over the next five years. It's clear he's looking to unlock more efficiencies; observers say that GM is also trying to improve its ad performance overseas and find better ways to reach demographics that have migrated in all directions and to all media.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/">GM pulls advertising from next Super Bowl after Facebook exit</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 21 May 2012 08:59:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20241095/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/21/image-needed-gm-pulls-advertising-from-next-super-bowl-after/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>ad agency</category><category>advertising</category><category>general motors</category><category>gm</category><category>joel ewanick</category><category>marketing</category><category>super bowl</category><category>super bowl ads</category><category>super bowl commercials</category><dc:creator><![CDATA[Jonathon Ramsey]]></dc:creator><pubDate>Mon, 21 May 2012 08:59:00 EST</pubDate>
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</item><item><title><![CDATA[Car Wars report predicts Hyundai, Kia will lose market share]]></title><link>http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/</guid><comments>http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/hyundai/" rel="tag">Hyundai</a>, <a href="http://www.autoblog.com/category/kia/" rel="tag">Kia</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><img height="418" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/gyi0062947481-opt.jpg" vspace="4" width="628" /><br />
<br />
The annual "Car Wars" report by Merrill Lynch analyst John Murphy predicts that, despite their seizing of U.S. market share over the last few tumultuous years, Korean brands <a href="http://www.autoblog.com/hyundai/">Hyundai</a> and <a href="http://www.autoblog.com/kia/">Kia</a> will give it all back and then some to companies like <a href="http://www.autoblog.com/ford/">Ford</a>, <a href="http://www.autoblog.com/tag/gm">General Motors</a> and <a href="http://www.autoblog.com/toyota/">Toyota</a> by 2016.<br />
<br />
Murphy bases his predictions not on tea leaves or crystal balls, but rather the rate at which automakers launch new products. Ford will replace 26 percent of its product line over the next four years, a number that represents 46 percent of its volume, while General Motors will replace 25 percent and Toyota 24 percent. On account of these new product launches, Murphy says Ford can expect to add 0.8 percentage points of market share, General Motors will recover 0.5 points and Toyota will add another 0.3 points.<br />
<br />
Other automakers that won't be so aggressive in turning over their lineups with new models include <a href="http://www.autoblog.com/chrysler/">Chrysler</a>, <a href="http://www.autoblog.com/honda/">Honda</a>, <a href="http://www.autoblog.com/nissan/">Nissan</a> and the European brands, which Murphy surmises will all remain flat in terms of market share.<br />
<br />
Hyundai and Kia, meanwhile, will be introducing fewer new models than the rest and therefore, Murphy predicts, will see a 0.5 decline in U.S. market share.<br />
<br />
Of course, these are all just predictions and can be blown to bits with the next unforeseen economic crisis or natural disaster, just like the last three years were. And there are other factors that might affect market share for each automaker during the next three years, including the availability of raw materials, exchange rates, union contracts, recalls and a million another minor things that might grow to become big things, not the least of which is consumers deciding they actually like all those new products being launched.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/">Car Wars report predicts Hyundai, Kia will lose market share</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 18 May 2012 18:14:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20240741/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/18/car-wars-report-predicts-hyundai-kia-will-lose-market-share/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bank of america</category><category>car wars</category><category>ford</category><category>general motors</category><category>gm</category><category>hyundai</category><category>john murphy</category><category>kia</category><category>market share</category><category>merrill lynch</category><category>toyota</category><category>u.s. market share</category><dc:creator><![CDATA[John Neff]]></dc:creator><pubDate>Fri, 18 May 2012 18:14:00 EST</pubDate>
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</item><item><title><![CDATA[Ford and GM in Twitterfight over Facebook advertising?]]></title><link>http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/</guid><comments>http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/marketing-advertising/" rel="tag">Marketing/Advertising</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a></p><img alt="Ford's Twitter jab at GM's Facebook ad pullout " src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/ford-tweet-gm-facebook.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 252px; " /><br />
Frenemies <a href="http://www.autoblog.com/ford/">Ford</a> and <a href="http://www.autoblog.com/category/gm/">General Motors</a> have taken to cyberspace for a little verbal sparing, trading snarky shots this week over which company is more likeable on Facebook.<br />
<br />
GM set itself up Tuesday after news broke that the carmaker decided <a href="http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/">not to spend $10 million</a> on Facebook advertising the same week the social media juggernaut prepares for its initial public offering expected to raise $100 billion dollars.<br />
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Ford used the opportunity to <a href="https://twitter.com/#!/Ford/status/202523756571279360">tweak</a> its crosstown rival, tweeting: "It's all about the execution. Our Facebook ads are effective when strategically combined with engaging content &amp; innovation."<br />
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GM couldn't leave that alone, going onto its <a href="https://www.facebook.com/generalmotors/posts/10150871315201961">Facebook page</a>, "Just wanted to let our millions of Facebook fans know, we're still here, and we 'like' you back!"<br />
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Both carmakers will continue to use Facebook, where both have millions of followers of their brands and vehicles. And, really, they are both right.<br />
<br />
Ford has done an extremely good job incorporating Facebook into its marketing strategy. When it came time to launch the new <a href="http://www.autoblog.com/ford/explorer/">Ford Explorer</a>, it did it through Facebook reaching millions of people.<br />
<br />
GM has determined its money will be better spent in other areas. A recent <em>Associated Press</em>-CNBC poll showing more than half of all Facebook users never click on sponsored ads and only 12 percent said they felt comfortable to buy anything over Facebook. Google, <em>The Wall Street Journal</em> <a href="http://online.wsj.com/article/SB10001424052702304192704577406394017764460.html?mod=WSJ_hp_LEFTTopStories">points out</a>, is much more effective. <p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/">Ford and GM in Twitterfight over Facebook advertising?</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Thu, 17 May 2012 10:35:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20239690/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/17/ford-and-gm-in-twitterfight-over-facebook-advertising/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>facebook</category><category>facebook advertising</category><category>facebook ipo</category><category>ford</category><category>ford motor company</category><category>general motors</category><category>gm</category><category>social media</category><category>tweet</category><category>twitter</category><category>twitter fight</category><category>twitterfight</category><dc:creator><![CDATA[Scott Burgess]]></dc:creator><pubDate>Thu, 17 May 2012 10:35:00 EST</pubDate>
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</item><item><title><![CDATA[GM says Facebook ads not effective, pulls campaign ahead of IPO]]></title><link>http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/</guid><comments>http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/marketing-advertising/" rel="tag">Marketing/Advertising</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a></p><a href="http://www.huffingtonpost.com/2012/05/15/general-motors-advertising-facebook_n_1518862.html#s=898439"><img alt="Facebook"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/facebook.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 426px;" /></a><br />
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The Internets are buzzing over the upcoming initial public offering of Facebook, but <a href="http://autoblog.com/gm">General Motors</a> doesn't seem all that impressed. The Huffington Post reports that The General has pulled its Facebook ad campaigns just days before the social media site is scheduled to officially hit the stock market.<br />
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The pricey ad buy reportedly wasn't paying sufficient dividends for GM, which spends billions of dollars on advertising every year. GM Spokesperson Pat Morrissey confirmed that Facebook was being reassessed, but added that the automaker routinely reviews where it is spending its ad dollars. Morrissey then added that GM is looking for effectiveness when it doles out marketing cash, which doesn't bode well for Facebook's ability to draw clicks.<br />
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If GM's decision sounds at all irrational, the statistics seem to show that Facebook isn't exactly an ad-click magnet. A recent CNBC poll showed that 50 percent of all Facebook users never click on any ads, and only 12 percent of those polled feel comfortable purchasing anything through Facebook. Google appears to be more effective at attracting clicks, as <em>The Wall Street Journal</em> <a href="http://online.wsj.com/article/SB10001424052702304192704577406394017764460.html?mod=WSJ_hp_LEFTTopStories">cites</a> a click-rate that is seven times that of Facebook.<br />
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Regardless of GM's decision to break up with Facebook, we're guessing that the news probably won't drown out much of the anticipation for the IPO. After all, it isn't every day that an Internet site with 900 million mostly addicted users goes public.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/">GM says Facebook ads not effective, pulls campaign ahead of IPO</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 16 May 2012 10:27:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20238929/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/16/gm-says-facebook-ads-not-effective-pulls-campaign-ahead-of-ipo/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>advertising</category><category>facebook</category><category>facebook ad</category><category>facebook ads</category><category>general motors</category><category>gm</category><category>gm facebook</category><category>ipo</category><category>stock price</category><dc:creator><![CDATA[Chris Shunk]]></dc:creator><pubDate>Wed, 16 May 2012 10:27:00 EST</pubDate>
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</item><item><title><![CDATA[Toyota, Honda top supplier survey with lower results, GM and Chrysler improve]]></title><link>http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/</guid><comments>http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/plants-manufacturing/" rel="tag">Plants/Manufacturing</a>, <a href="http://www.autoblog.com/category/bmw/" rel="tag">BMW</a>, <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/honda/" rel="tag">Honda</a>, <a href="http://www.autoblog.com/category/mercedes-benz/" rel="tag">Mercedes-Benz</a>, <a href="http://www.autoblog.com/category/nissan/" rel="tag">Nissan</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/volkswagen/" rel="tag">Volkswagen</a></p><a href="http://www.autonews.com/apps/pbcs.dll/article?AID=/20120514/OEM01/305149941/1286"><img alt="Toyota and Honda auto show signs overlapping" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/toyota-honda-sign-overlap.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 375px; " /></a><br />
<br />
Before financial Stargate opened in September of 2008 and transported us to an entirely new economic dimension, it was oh so common to read about domestic automakers hammering Tier One suppliers to lower their prices. Of course, suppliers are still asked to find efficiencies, but pre-2008, it seemed a point of honor to hold a supplier's feet to the fire. No more: in the latest Working Relations Index survey of suppliers by Detroit firm Planning Perspectives Inc., <a href="http://www.autoblog.com/gm">General Motors</a> and <a href="http://www.autoblog.com/chrysler">Chrysler</a> rocketed up the charts to bring the bunch much closer together.<br />
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Admittedly, the two companies are still in last place, with GM just ahead of Chrysler and <a href="http://www.autoblog.com/toyota">Toyota</a> and <a href="http://www.autoblog.com/honda">Honda</a> still up top. But perspective and improvement is the issue here: in 2005, Toyota scored 415 and GM scored 114. In this year's survey, Toyota scored 296 and Chrysler scored 248. It is the first time in the 12 years of the survey that the six automakers covered have been separated by less than 50 points. Chrysler's jump was led by the efforts of the <a href="http://www.autoblog.com/2012/04/30/dan-knott-former-chrysler-exec-succumbs-to-cancer-at-51/">the late Dan Knott</a>, whle GM's improvement has been led by Bob Socia.<br />
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And yes, this is also a matter of the perennial leaders, Toyota and Honda, suffering a dip: <a href="http://www.ppi1.com/site/?cat=187">in 2010 Toyota scored 327</a> and Honda 309, two years later, Toyota has dropped 31 points. Every automaker, however, from top to bottom acknowledged that they still have work to do with supplier relations. The benefits of good feelings are that suppliers tend to present their newest tech to, and make better parts for, the automakers with whom they have the best relationships. Naturally, it has been found that the reverse is true as well.<br />
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Nissan and Ford make up the middle two spots, where they've been for years. <a href="http://www.autoblog.com/bmw">BMW</a>, <a href="http://www.autoblog.com/mercedes-benz">Mercedes-Benz</a>, <a href="http://www.autoblog.com/volkswagen">Volkswagen</a> and <a href="http://www.autoblog.com/hyundai">Hyundai</a> aren't on the list yet; PPI feels it doesn't have enough data on the Germans to yet to officially include them, and it doesn't have enough data on Hyundai to rank it at all. If the data gathered on the Germans was included, though, they would sandwich the rest of the field: BMW and Mercedes at the top, Volkswagen at the bottom a point shy of Chrysler.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/">Toyota, Honda top supplier survey with lower results, GM and Chrysler improve</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 15 May 2012 18:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20238179/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/15/toyota-honda-top-supplier-survey-with-lower-results-gm-and-chr/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bmw</category><category>chrysler</category><category>ford</category><category>general motors</category><category>honda</category><category>mercedes-benz</category><category>nissan</category><category>planning perspectives</category><category>supplier</category><category>supplier relations</category><category>suppliers</category><category>survey</category><category>tier 1</category><category>toyota</category><category>volkswagen</category><category>working relations index</category><dc:creator><![CDATA[Jonathon Ramsey]]></dc:creator><pubDate>Tue, 15 May 2012 18:30:00 EST</pubDate>
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</item><item><title><![CDATA[Saab union asks Obama to pressure GM for licensing deal]]></title><link>http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/</guid><comments>http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/china/" rel="tag">China</a>, <a href="http://www.autoblog.com/category/euro/" rel="tag">Europe</a>, <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/category/plants-manufacturing/" rel="tag">Plants/Manufacturing</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/saab/" rel="tag">Saab</a>, <a href="http://www.autoblog.com/category/uaw-unions/" rel="tag">UAW/Unions</a></p><a href="http://www.just-auto.com/news/if-metall-asks-barack-obama-for-saab-licence-help_id123283.aspx"><img alt="President Obama" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/president-obama-opt.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 419px;" /></a><br />
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The door has not yet closed on <a href="http://www.autoblog.com/saab/">Saab</a>. Hoping for yet another 11th hour stay of execution, the defunct carmaker's chief union, IF Metall, has written directly to <a href="http://www.autoblog.com/tag/obama/">President Obama</a>, asking him to intervene, according to Just-Auto. While on the surface, this may seem silly, it's actually rather clever, even if it has little likelihood of working.<br />
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With the United States government <a href="http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/">still owning 26 percent of General Motors</a>, the Swedish union is hoping it can appeal to Obama to pressure <a href="http://www.autoblog.com/tag/gm/">General Motors</a> into granting licenses to continue manufacturing Saab vehicles, according to the report. It's this sticking point that has <a href="http://www.autoblog.com/2012/02/28/shocked-brightwell-drops-saab-bid-blames-gm-intransigence/">torpedoed every attempt to forestall Saab's dissolution</a>, as GM fears that were it to allow continued production of Saabs developed under GM's ownership, it would open up the possibility of <a href="http://www.autoblog.com/2011/12/18/gm-turns-down-newest-saab-proposals-as-hope-dims/">intellectual property conflicts</a>, particularly if a Chinese manufacturer that competes with GM's own Chinese partner, SAIC, <a href="http://www.autoblog.com/2012/04/18/saab-gets-new-492m-bid-from-youngman/">acquires Saab</a>.<br />
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You have to admire <a href="http://www.autoblog.com/2012/05/10/saab-fans-save-the-last-9-3/">Saab loyalists</a>, as they clearly have not given up hope. But in this case, they just don't have any other options: Unemployment in the Saab hometown of <a href="http://www.autoblog.com/tag/trollhatten/">Trollh&auml;ttan</a> has hit 40 percent, according to the report.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/">Saab union asks Obama to pressure GM for licensing deal</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 15 May 2012 16:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20238573/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/15/saab-union-asks-obama-to-pressure-gm-for-licensing-deal/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>barack obama</category><category>china</category><category>chinese automakers</category><category>general motors</category><category>gm</category><category>if metall</category><category>intellectual property</category><category>obama</category><category>president of the united states</category><category>saab</category><category>saic</category><category>trollhatten</category><category>trollhättan</category><category>unions</category><dc:creator><![CDATA[Jeff Sabatini]]></dc:creator><pubDate>Tue, 15 May 2012 16:01:00 EST</pubDate>
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</item><item><title><![CDATA[Treasury has no plans to sell remaining GM stock quite yet]]></title><link>http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/</guid><comments>http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><img alt="General Motors headquarters" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/gmrexterior02-opt.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 418px;" /><br />
<br />
<a href="http://www.autoblog.com/tag/gm/">General Motors</a> stock has been <a href="http://www.autoblog.com/2011/11/15/one-year-after-ipo-gms-stock-down-by-a-third/">languishing for months</a>, failing to climb past $30 per share since July of last year. Trading at around $22 per share today, the optimism that surrounded the company's emergence from bankruptcy and <a href="http://www.autoblog.com/2010/11/18/gm-stock-opens-up-revving-camaro-replaces-opening-bell/">initial public offering</a> in November 2010 has all but vanished. So it's no wonder that the United States Treasury has decided to sit on its GM shares, with no plans to sell of its remaining 26 percent stake in the automaker.<br />
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According to <em>The Detroit News</em>, the Treasury believes that GM is underpriced given the changes that have happened at the company. Assistant Treasury Secretary Time Massad told the News, "Our perspective is that the company has made real progress, but the market hasn't given them as much credit for that as it might."<br />
<br />
The government stands to lose $15 billion on the bailout at today's stock prices, according to the report. Of the $49.5 billion spent on the bailout, the government has already recouped roughly $23 billion in reducing its stake in GM from the 61 percent it once held. GM shares would have to more than double in value to $53 for the Treasury to break even in liquidating the 500 million shares it still owns, according to the report.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/">Treasury has no plans to sell remaining GM stock quite yet</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 11 May 2012 13:29:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20236222/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/11/treasury-has-no-plans-to-sell-remaining-gm-stock-quite-yet/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>auto bailout</category><category>bailout</category><category>general motors</category><category>gm</category><category>gm ipo</category><category>gm stock</category><category>US Treasury</category><dc:creator><![CDATA[Jeff Sabatini]]></dc:creator><pubDate>Fri, 11 May 2012 13:29:00 EST</pubDate>
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</item><item><title><![CDATA[Toyota takes title of World's Largest Automaker... again, for now]]></title><link>http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/</guid><comments>http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.bloomberg.com/news/2012-05-10/toyota-tops-gm-in-global-vehicle-sales-in-year-s-first-quarter.html"><img alt="Toyota badge"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/11-2011-toyota-highlander-review.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 405px; " /></a><br />
<br />
Now that the title of world's largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. <em>Bloomberg</em> reports that <a href="http://www.autoblog.com/toyota">Toyota</a> snagged the #1 crown in Q1, taking it away from <a href="http://www.autoblog.com/gm">General Motors</a> with 2.49 million units sold across its five brands compared to 2.28 million for GM. <a href="http://www.autoblog.com/volkswagen">Volkswagen</a> was just another tenth down at 2.19 million units sold.<br />
<br />
What all three might appreciate even more than the crown - except for VW, who is monomaniacal about the No. 1 tag - is that sales volumes and profitability are up, at least in America. Toyota's sales rebound from the catastrophes of last year (and indeed, the last few years) is being underlined by its performance here, where the <a href="http://www.autoblog.com/toyota/prius">Prius Plug-In</a> is <a href="http://www.autoblog.com/2012/05/10/toyota-prius-plug-in-third-fastest-selling-car-in-america/">the third-best seller</a> against a background of the nation's <a href="http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/">best car sales market in five years</a>. Even with double its usual fleet sales in Q1, Toyota expects this financial year's <a href="http://www.autoblog.com/2012/05/09/toyota-releases-financial-results-predicts-profits-will-double/">profits to double</a>.<br />
<br />
The year isn't over yet and it remains close, but for now it looks like there'll be good news for everyone. Well, until 2016, when Volkswagen is <a href="http://www.automobilemag.com/features/news/1204_deep_dive_volkswagen_group_product_plans/viewall.html">predicted to vanquish</a> all challengers at the top of the podium, two years ahead of its own ridiculously ambitious schedule.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/">Toyota takes title of World's Largest Automaker... again, for now</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 11 May 2012 09:58:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20236085/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/11/toyota-takes-title-of-worlds-largest-automaker-again-for-no/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>general motors</category><category>global sales</category><category>gm</category><category>sales</category><category>toyota</category><category>volkswagen</category><category>vw</category><category>worlds biggest automaker</category><dc:creator><![CDATA[Jonathon Ramsey]]></dc:creator><pubDate>Fri, 11 May 2012 09:58:00 EST</pubDate>
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</item><item><title><![CDATA[2012 U.S. auto sales on pace to be best in five years]]></title><link>http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/</guid><comments>http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.bloomberg.com/news/2012-05-10/auto-sales-rise-puts-u-s-on-pace-to-best-year-since-2007.html"><img alt="Ford new car lot"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/ford-car-lot.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 418px;" /></a><br />
<br />
<em>Bloomberg</em> reports that if U.S. auto sales continue at their current pace, 2012 will mark the best year for the industry since 2007. The news comes after word that both <a href="http://www.autoblog.com/ford">Ford</a> and <a href="http://www.autoblog.com/chrysler">Chrysler</a> have slimmed or entirely eliminated the traditional summer shutdown at their manufacturing facilities to keep pace with demand.<br />
<br />
All told, sales may reach 14.3 million cars and light trucks, according to analysts, thanks to factors like a gradually improving economy and easier credit. If the pace continues, 2012 will mark the third year of 10-percent gains, which marks only the fourth time that's happened since the Great Depression.<br />
<br />
Car sales stalled in 2008, and 2009 saw manufacturers move just 10.4 million units. As <em>Bloomberg</em> points out, that's the lowest number since 1982, but buyers took home 11.6 million vehicles in 2010 and 12.8 million in 2011. The industry saw a 10.3-percent increase through the first four months of this year. As a result, <a href="http://www.autoblog.com/tag/gm">General Motors</a>, Ford and <a href="http://www.autoblog.com/toyota">Toyota</a> have adjusted their yearly sales forecasts accordingly.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/">2012 U.S. auto sales on pace to be best in five years</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Thu, 10 May 2012 16:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20235610/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/10/2012-u-s-auto-sales-on-pace-to-be-best-in-five-years/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2012 auto sales</category><category>auto sales figures</category><category>chrysler</category><category>ford</category><category>general motors</category><category>gm</category><category>sales figures</category><category>toyota</category><category>us auto sales</category><category>us auto sales figures</category><dc:creator><![CDATA[Zach Bowman]]></dc:creator><pubDate>Thu, 10 May 2012 16:30:00 EST</pubDate>
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</item><item><title><![CDATA[Automakers tussle over owners of 'orphan' makes]]></title><link>http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/</guid><comments>http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/marketing-advertising/" rel="tag">Marketing/Advertising</a>, <a href="http://www.autoblog.com/category/chevrolet/" rel="tag">Chevrolet</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/gmc/" rel="tag">GMC</a>, <a href="http://www.autoblog.com/category/hummer/" rel="tag">Hummer</a>, <a href="http://www.autoblog.com/category/lincoln/" rel="tag">Lincoln</a>, <a href="http://www.autoblog.com/category/mercury/" rel="tag">Mercury</a>, <a href="http://www.autoblog.com/category/pontiac/" rel="tag">Pontiac</a>, <a href="http://www.autoblog.com/category/saturn/" rel="tag">Saturn</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a></p><a href="http://www.autoblog.com/photos/review-2009-pontiac-solstice-gxp-coupe/"><img height="325" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/solsticecoupe-rev2000-opt.jpg" vspace="4" width="628" /></a><br />
<br />
When <a href="http://autoblog.com/tag/gm">General Motors</a> put down several of its brands in recent years, it also let loose thousands of brand-loyal customers who will eventually need another car.<br />
<br />
R.L. Polk Associates estimates there are more than 18 million cars from 16 discontinued makes on the road today. Those "<a href="http://www.autoblog.com/photos/top-orphan-car-brands/1193191/">orphan</a> owners" have sales-hungry competitors seeing dollar signs. GM is offering <a href="http://www.autoblog.com/saturn/">Saturn</a> owners $1,000 cash toward a <a href="http://www.autoblog.com/chevrolet/cruze/">Chevy Cruze</a>, <a href="http://www.autoblog.com/cadillac/cts/">Cadillac CTS</a> or a <a href="http://www.autoblog.com/gmc/acadia/">GMC Acadia</a>. <a href="http://autoblog.com/ford">Ford</a> is giving its <a href="http://www.autoblog.com/mercury/">Mercury</a> lease customers a chance to get out of their contracts with no early-termination penalty and offering to waive six remaining payments if they drive off in a <a href="http://www.autoblog.com/ford/">Ford</a> or <a href="http://www.autoblog.com/lincoln/">Lincoln</a>.<br />
<br />
Edmunds.com research shows the efforts are paying off somewhat for GM, with 39 percent of <a href="http://www.autoblog.com/pontiac/">Pontiac</a> owners, 37 percent of <a href="http://www.autoblog.com/hummer/">Hummer</a> owners and 31 percent of Saturn owners taking delivery of another GM-branded vehicle. But that leaves as much as 69 percent of owners going elsewhere. Ford, <a href="http://www.autoblog.com/honda/">Honda</a> and <a href="http://www.autoblog.com/toyota/">Toyota</a> seem to be attracting many former GM owners.<br />
<br />
As <a href="http://www.forbes.com/sites/jimgorzelany/2012/05/07/the-battle-to-adopt-orphan-car-owners/?feed=rss_home">Forbes</a> points out, if you're driving an orphaned nameplate, you just might be able to use that to your advantage when shopping for a new vehicle.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/">Automakers tussle over owners of 'orphan' makes</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Thu, 10 May 2012 08:29:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20233204/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/10/automakers-tussle-over-owners-of-orphan-makes/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>ford</category><category>general motors</category><category>hummer</category><category>lincoln</category><category>mercury</category><category>orphan</category><category>orphan cars</category><category>pontiac</category><dc:creator><![CDATA[Chris Tutor]]></dc:creator><pubDate>Thu, 10 May 2012 08:29:00 EST</pubDate>
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</item><item><title><![CDATA[GM trademarks Riviera name]]></title><link>http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/</guid><comments>http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/buick/" rel="tag">Buick</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a></p><a href="http://www.autoblog.com/photos/buick-riviera-concept/#photo-219718"><img height="405" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/riviera.jpg" vspace="4" width="628" /></a><br />
<br />
Autoblog reader Ed sent us <a href="http://www.autoblog.com/photos/buick-riviera-trademark/full/">this screen shot</a> from the United States Patent and Trademark Office, showing that <a href="http://autoblog.com/gm">General Motors</a> has apparently trademarked the name <a href="http://autoblog.com/tag/riviera">Riviera</a> for use on automobiles. It's no secret that the Riviera name resonates well with anyone familiar with Buick's history, and since the production coupe's death in 1999, the name Riviera has only been resurrected once for the 2007 concept car you see here.<br />
<br />
So, why is GM registering the Riviera name again? Your guess is as good as ours. As <a href="http://www.gminsidenews.com/forums/f70/gm-trademarks-riviera-name-vehicle-use-110593/">GM Inside News points out</a>, it could be nothing - automakers will, from time to time, trademark a host of words or alphanumeric sequences (<a href="http://autoblog.com/ford">Ford</a>, for example, has trademarked everything from MKA to MKZ for potential <a href="http://autoblog.com/lincoln">Lincoln</a> use). But then again, this isn't the <a href="http://www.autoblog.com/2010/02/17/buick-considering-coupe-to-stoke-youthful-image/">first</a> (or <a href="http://www.autoblog.com/2010/07/23/buick-to-expand-line-with-coupe-convertible-and-wagon/">second</a>, or <a href="http://www.autoblog.com/2011/05/13/buick-regal-coupe-in-the-works/">third</a>) time that we've heard rumors about <a href="http://autoblog.com/buick">Buick</a> potentially adding a coupe to its lineup, and the Riviera name would certainly be appropriate.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/">GM trademarks Riviera name</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 09 May 2012 15:57:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20234952/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/09/gm-trademarks-riviera-name/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>buick</category><category>general motors</category><category>gm</category><category>patent</category><category>riviera</category><category>trademark</category><dc:creator><![CDATA[Steven J. Ewing]]></dc:creator><pubDate>Wed, 09 May 2012 15:57:00 EST</pubDate>
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</item><item><title><![CDATA[2012 Buick Verano]]></title><link>http://www.autoblog.com/2012/05/09/2012-buick-verano-review/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/09/2012-buick-verano-review/</guid><comments>http://www.autoblog.com/2012/05/09/2012-buick-verano-review/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/sedans/" rel="tag">Sedan</a>, <a href="http://www.autoblog.com/category/buick/" rel="tag">Buick</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/reviews/" rel="tag">New Car Reviews</a></p><em><big>Baby Buick Makes Quiet Case As An Almost-Luxury Car</big></em><br />
<br />
<a href="http://www.autoblog.com/photos/2012-buick-verano-review/"><img alt="2012 Buick Verano" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/03-2012-buick-verano-review-1336572086.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 417px; " /></a><br />
<br />
<div>
	It's no secret that <a href="http://autoblog.com/buick">Buick</a> is one of the most prominent automakers in <a href="http://autoblog.com/category/china">China</a>, but the vehicle that's leading the charge in the People's Republic may come as a surprise. The top-selling car in the world's largest auto market last year was the <a href="http://www.autoblog.com/tag/excelle/">Buick Excelle</a>, a C-segment sedan that just so happens also to be a version of the <a href="http://autoblog.com/buick/verano">2012 Buick Verano</a> that's now on sale here in the United States.<br />
	<br />
	The Verano has only been on sale here for a few months, but as you might expect, U.S. buyers aren't quite as excited about the latest Buick offering as our Chinese counterparts, at least not in the early going. March sales came in at a modest 2,497 units (the Excelle family scored 23,179 April sales in China), making the Verano the least-purchased Buick for that month, while April's 2,989 units were just enough to beat the <a href="http://autoblog.com/buick/regal">Regal</a> in Buick's sales portfolio. Do Chinese buyers know something that we don't, or does the littlest Buick just need time to win us over?</div><p><a href="http://www.autoblog.com/2012/05/09/2012-buick-verano-review/" rel="bookmark">Continue reading <em>2012 Buick Verano</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/09/2012-buick-verano-review/">2012 Buick Verano</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 09 May 2012 11:57:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/09/2012-buick-verano-review/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20234068/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/09/2012-buick-verano-review/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2012 buick verano</category><category>buick</category><category>featured</category><category>general motors</category><category>gm</category><category>review</category><category>reviews</category><category>verano</category><dc:creator><![CDATA[Chris Shunk]]></dc:creator><pubDate>Wed, 09 May 2012 11:57:00 EST</pubDate>
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</item><item><title><![CDATA[2013 Chevrolet Malibu Eco]]></title><link>http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/</guid><comments>http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/sedans/" rel="tag">Sedan</a>, <a href="http://www.autoblog.com/category/chevrolet/" rel="tag">Chevrolet</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/reviews/" rel="tag">New Car Reviews</a></p><em><big>Mild-Hybrid Malibu Proves Only Mildly Interesting</big></em><br />
<br />
<a href="http://www.autoblog.com/photos/2013-chevrolet-malibu-eco-review/"><img alt="2013 Chevrolet Malibu Eco" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/2013-chevrolet-malibu-eco-review.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 417px;" /></a><br />
<br />
<div>
	Don't judge a book by its cover. The sentiment certainly applies to cars as well, but doubly so. Years of driving and photographing new vehicles have taught us that you can't evaluate a new model - or even judge its styling - based on photos alone, no matter how good or bad the images or the sheetmetal might seem. And you can't really know <em>anything</em> until you get that car off the auto show stand and out in the wild, driving it on the street in its natural habitat.<br />
	<br />
	We explain this because when we first spied the new <a href="http://www.autoblog.com/chevrolet/malibu/">2013 Chevrolet Malibu</a>, we didn't think much of it: Mostly carryover front fascia, grafted-on <a href="http://www.autoblog.com/chevrolet/camaro/">Camaro</a> taillights, <a href="http://www.autoblog.com/tag/bangle/">Bangle</a> butt. Move along, nothing to see here. But a funny thing happened when we got behind the wheel of the Malibu Eco for a week. We warmed up to it. We actually liked it.</div><p><a href="http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/" rel="bookmark">Continue reading <em>2013 Chevrolet Malibu Eco</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/">2013 Chevrolet Malibu Eco</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 07 May 2012 11:57:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20231452/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/07/2013-chevrolet-malibu-eco-review/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2013 chevrolet malibu eco</category><category>chevrolet</category><category>chevy</category><category>featured</category><category>general motors</category><category>gm</category><category>malibu</category><category>malibu eco</category><category>review</category><category>reviews</category><dc:creator><![CDATA[Jeff Sabatini]]></dc:creator><pubDate>Mon, 07 May 2012 11:57:00 EST</pubDate>
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</item><item><title><![CDATA[Legal loophole allows GM to avoid paying federal taxes... still]]></title><link>http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/</guid><comments>http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.detroitnews.com/article/20120504/AUTO0103/205040378/1148/rss25"><img alt="General Motors Logo" class="right" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/gm-logo.jpg" style="margin: 4px 0px; width: 250px; height: 250px; border-width: 0px; border-style: solid; float: right;" /></a>The United States tax code will never be accused of being simple or easy to comprehend. With a tangle of exceptions and loopholes, individuals and corporations can work their way around paying their full income tax rate with ease.<br />
<br />
According to <em>The Detroit News</em>, <a href="http://www.autoblog.com/tag/general motors">General Motors</a> continues to avoid paying its federal income taxes since the company exited bankruptcy. In 2008, the <a href="http://www.autoblog.com/tag/treasury%20department/">Treasury Department</a> ruled that the automaker could use $18 billion in losses from "old" <a href="http://www.autoblog.com/tag/gm">GM</a> to offset any profits. That means from a tax perspective, GM still hasn't earned enough money to overcome its losses. The automaker has raked in more than $13 billion since 2009.<br />
<br />
Of course, GM isn't the only company dodging the federal income tax. <a href="http://www.autoblog.com/ford">Ford</a>, for example, payed $268 million in <em>worldwide</em> income taxes last year, despite claiming an income of $7.8 billion. Likewise, since Chrysler Group, LLC. is a limited-liability partnership, it isn't required to pay federal income taxes. According to <em>The Detroit News</em>, very few companies pay the full 35 percent federal corporate income tax rate.<br />
<br />
But that doesn't mean GM or other companies get off entirely. GM says it pays considerable state taxes, and the company reports that its global tax rate for 2012 may jump to 12 or 13 percent, up from an earlier estimate of 10 percent.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/">Legal loophole allows GM to avoid paying federal taxes... still</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 07 May 2012 09:28:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20232156/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/07/legal-loophole-allows-gm-to-avoid-paying-federal-taxes-still/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>corporate income tax</category><category>federal income tax</category><category>general motors</category><category>income tax</category><category>tax</category><category>treasury department</category><dc:creator><![CDATA[Zach Bowman]]></dc:creator><pubDate>Mon, 07 May 2012 09:28:00 EST</pubDate>
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</item><item><title><![CDATA[GM Europe headed for another restructuring after disappointing losses]]></title><link>http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/</guid><comments>http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/euro/" rel="tag">Europe</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a>, <a href="http://www.autoblog.com/category/opel/" rel="tag">Opel</a></p><a href="http://www.autonews.com/apps/pbcs.dll/article?AID=/20120503/OEM/120509950/1193/gm-profit-falls-on-european-losses-north-america-gains"><img alt="Opel dealership"  src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/opel-dealership.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 406px;" /></a><br />
<br />
<a href="http://www.autoblog.com/tag/general motors">General Motors</a> is having a hard time nailing down its European operations. The automaker reported its first-quarter earnings slid by $1 billion, down from $3.2 billion in the first quarter of last year. The drop was partially attributable to a one-time loss that included changes in accounting for the automaker's European pensions.<br />
<br />
While <a href="http://www.autoblog.com/tag/gm">GM</a> earned $1.69 billion in North American before taxes, <a href="http://www.autoblog.com/tag/opel">Opel</a> lost $246 million in the first quarter. Surprisingly, that marks the second best quarter for the automaker in a year. Even so, <a href="http://www.autoblog.com/tag/dan akerson">GM CEO Dan Akerson</a> said that the manufacturer's European operations are headed for substantial revision.<br />
<br />
Akerson said the situation is a "four-alarm fire" while speaking during a public radio interview. The executive declined to elaborate on any plans to help stem Opel's losses beyond saying "We're going to have to restructure again."<br />
<br />
In 2011, GM lost $747 million on its European operations, and with the looming debt crisis continuing to undermine consumer confidence in the EU, the company is desperate to ward off a repeat performance. Analysts believe that yet another restructuring will be a lengthy, drawn-out process, but likely won't result in any actual plant closings.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/">GM Europe headed for another restructuring after disappointing losses</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Thu, 03 May 2012 17:31:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20230174/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/03/gm-europe-headed-for-another-restructuring-after-disappointing-l/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>dan akerson</category><category>earnings</category><category>general motors</category><category>gm</category><category>gm earnings</category><category>gm europe restructuring</category><category>opel</category><category>opel restructuring</category><category>restructuring</category><dc:creator><![CDATA[Zach Bowman]]></dc:creator><pubDate>Thu, 03 May 2012 17:31:00 EST</pubDate>
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</item><item><title><![CDATA[GM considering RWD wagon and ute for U.S. market]]></title><link>http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/</guid><comments>http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/sedans/" rel="tag">Sedan</a>, <a href="http://www.autoblog.com/category/chevrolet/" rel="tag">Chevrolet</a>, <a href="http://www.autoblog.com/category/australia/" rel="tag">Australia</a>, <a href="http://www.autoblog.com/category/rumormill/" rel="tag">Rumormill</a></p><a href="http://www.autoblog.com/photos/chevrolet-ss-rendering/"><img height="370" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/chevrolet-caprice-ss-rendering-1336060626.jpg" vspace="4" width="628" /></a><br />
<br />
The General wants more rear-wheel drive vehicles in its lineup and has plans to bring a few more to America, including a sedan and possibly a wagon and sport utility, according to <a href="http://blog.caranddriver.com/chevrolet-supersport-sedan-coming-in-2013-wagon-and-ute-body-styles-possible-for-next-gen-on-zeta-ii/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+caranddriver%2Fblog+%28Car+and+Driver%29&amp;utm_content=Google+Reade"><em>Car and Driver</em></a>.<br />
<br />
GM already sells a rear-wheel-drive Chevrolet sedan in the U.S., but only sworn law enforcement officers are allowed to drive it: The <a href="http://www.autoblog.com/tag/caprice%20ppv/">Chevrolet Caprice PPV</a>.<br />
<br />
Now, GM will reportedly build a civilian offshoot of the the PPV and market it as the SuperSport sedan, as we <a href="http://www.autoblog.com/2012/04/25/has-gms-onstar-accidentally-confirmed-the-2014-chevy-ss/">reported last week</a>. Under the hood would be GM's 6.2-liter V-8 creating more than 400 horsepower. That SuperSport badge will also go onto Chevrolet's NASCAR entry next year.<br />
<br />
<em>Car and Driver</em> reports that after the V8 SuperSport launches, a milder 300-plus-horsepower 3.6-liter V-6 model will follow. By 2015, when the rear-wheel-drive <a href="http://www.autoblog.com/tag/zeta%20platform/">Zeta platform</a> is improved, production of this vehicle (as well as the PPV) will come to America, thus opening up the market for more police car sales, as some local governments can only buy American-made cruisers.<br />
<br />
Furthermore, GM is considering building a rear-wheel-drive wagon as well as a sport-utility (read: ute) model. The updated Zeta II platform can handle both vehicles, especially since the next-generation Camaro will be shifting to the new Alpha platform that will underpin the <a href="http://autoblog.com/tag/ats">Cadillac ATS</a> and next-gen <a href="http://autoblog.com/cadillac/cts">CTS</a>.<br />
<br />
Really, all of these vehicles are derivatives of the <a href="http://www.autoblog.com/pontiac/g8/">Pontiac G8</a>, which is still on sale as the Holden Commodore in other markets. It was, arguably, the best Pontiac ever made. Bringing cars, wagons and utes like that to America, under any name or brand, is an immigration policy we can fully endorse.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/">GM considering RWD wagon and ute for U.S. market</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Thu, 03 May 2012 13:28:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20229978/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/03/gm-considering-rwd-wagon-and-ute-for-u-s-market/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>alpha</category><category>caprice</category><category>chevrolet</category><category>chevrolet caprice ppv</category><category>general motors</category><category>gm</category><category>ss</category><category>supersport</category><category>ute</category><category>wagon</category><category>zeta ii</category><dc:creator><![CDATA[Scott Burgess]]></dc:creator><pubDate>Thu, 03 May 2012 13:28:00 EST</pubDate>
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</item><item><title><![CDATA[GM first proposed $3B controlling stake in Isuzu]]></title><link>http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/</link><guid isPermaLink="true">http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/</guid><comments>http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a>, <a href="http://www.autoblog.com/category/diesel/" rel="tag">Diesel</a></p><a href="http://www.autoblog.com/photos/isuzu-pickups/"><img alt="Isuzu i-series pickup playing in the sand" src="http://www.blogcdn.com/www.autoblog.com/media/2012/05/isuzu-1335970918.jpg" style="margin-top: 4px; margin-bottom: 4px; width: 628px; height: 340px; " /></a><br />
<br />
<a href="http://www.autoblog.com/tag/general+motors/">General Motors</a> initially wanted to buy one-third of <a href="http://www.autoblog.com/category/isuzu/">Isuzu Motors Ltd</a>, which would give it the right to veto board decisions, but has scaled back how much of the Japanese company it might try to buy, according to a new <a href="http://www.reuters.com/article/2012/05/02/us-gm-isuzu-idUSBRE84107R20120502"><em>Reuters</em> report</a>.<br />
<br />
At current stock prices, GM would have paid more than $3 billion for a controlling share of the truckmaker, which specializes in small trucks and diesel powertrains. GM is now considering buying a 10 percent share, anonymous sources tell <em>Reuters</em>, which would make it the largest single owner of stock in the company. <a href="http://www.autoblog.com/2006/11/07/toyota-buys-5-9-of-isuzu/">Toyota</a> and <a href="http://www.autoblog.com/volkswagen/">Volkswagen</a> both have smaller shares of Isuzu.<br />
<br />
GM once owned nearly half of Isuzu but <a href="http://www.autoblog.com/2006/03/30/gm-looking-to-sell-off-isuzu-truck-interest-to-mitsubishi/">sold off</a> its last 7.9 percent of the company in 2006.<br />
<br />
The GM/Isuzu partnership helped bring vehicles to the U.S. like the <a href="http://en.wikipedia.org/wiki/Geo_Storm">Geo Storm</a>, <a href="http://en.wikipedia.org/wiki/Chevrolet_LUV">Chevrolet LUV</a>, <a href="http://www.autoblog.com/gmc/canyon/">GMC Canyon</a> and <a href="http://www.autoblog.com/chevrolet/colorado/">Chevrolet Colorado</a>. But there's <a href="http://www.autoblog.com/2012/04/30/gm-interested-in-taking-stake-in-isuzu-again/">no reason</a> to expect a new small pickup for America this time around.<br />
<br />
The <a href="http://www.autoblog.com/2012/04/30/gm-interested-in-taking-stake-in-isuzu-again/">potential deal</a>, which sources tell <em>Reuters</em> is "very much preliminary", could open up the Southeast Asia market, where GM is currently a bit player. Additionally, GM could help Isuzu develop a hybrid or other environmentally friendly vehicles. It's almost enough to make us wonder why they ever sold it in the first place.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/">GM first proposed $3B controlling stake in Isuzu</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Wed, 02 May 2012 13:29:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/20229058/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2012/05/02/gm-first-proposed-3b-controlling-stake-in-isuzu/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>general motors</category><category>gm</category><category>gm isuzu</category><category>isuzu</category><dc:creator><![CDATA[Scott Burgess]]></dc:creator><pubDate>Wed, 02 May 2012 13:29:00 EST</pubDate>
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