Inside the Industry

Chrysler shows profit for 2011

(February 1, 2012) AUBURN HILLS, Mich. — Chrysler Group today reported preliminary net income of $183 million for the full year 2011, up from a net loss of $652 million a year ago, exceeding the objective set in November 2009.

It marks the first annual profit since the company emerged from bankruptcy in 2009.

Chrysler continues string of month-over-month sales increases

(February 1, 2012) Chrysler Group continued its monthly sales increase string to 22 in January with sales rising 44 percent over January 2011. Strong showings from the Jeep, Ram and Chrysler brands led the way.

January was the eighth straight month sales advanced 20 percent or more. It was the best January showing since 2008.

GM to build $200 million stamping plant in Texas

(February 1, 2012) ARLINGTON, Texas — General Motors will start construction next week on a new $200 million stamping facility that will create approximately 180 jobs. The new facility, part of  the company’s Arlington manufacturing complex, will produce large stamping components for the next generation of full-size Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades.

Volkswagen back for the Super Bowl (view video)

(February 1, 2012) HERNDON, Va. — Volkswagen revealed its new commercial today giving viewers a sneak peek of a special, extended 75-second spot online, with the 60-second version of the ad running in the second quarter of the Super Bowl. This is the third consecutive year that Volkswagen has advertised on game day.

Production version of Acura ILX, new RDX to be shown in Chicago

(January 31, 2012) TORRANCE, Calif. — The production versions of the all-new Acura ILX and the completely redesigned Acura RDX will make their world debuts at the 2012 Chicago Auto Show on Feb. 8, Acura announced today.

The 2013 Acura ILX luxury compact sedan is an all-new model positioned as the gateway to the Acura brand. Sleek and sporty, the ILX will feature three distinct powertrains, including Acura's first ever hybrid.

Seinfeld, Leno in first-ever Acura Super Bowl commercial (view video)

(January 31, 2012) Acura, for the first time, will run a commercial during the Super Bowl championship game to capitalize on communicating with the more than 100 million viewers. Designed to strengthen Acura brand awareness and leverage Acura's announcement in Detroit at the North American International Auto Show earlier this month, a 60-second commercial featuring the iconic talent of Jerry Seinfeld and Jay Leno coupled with the highly anticipated NSX supercar concept will air during the third quarter.

Toyota reinvents more than the Camry in Super Bowl spot (view video)

(January 31, 2012) TORRANCE, Calif. — Toyota today announced the premiere of the extended version of its Super Bowl XLVI commercial. The spot takes a cue from the marketing campaign promoting the striking reinvention of the 2012 Camry, America’s best-selling car for 10 consecutive years.

Hot Wheels Classic: Ford Mustang among most stolen cars over decades

(January 31, 2012) DES PLAINES, Ill. — For over 25 years, the National Insurance Crime Bureau (NICB) has published Hot Wheels, an annual report of America's 10 most stolen vehicles. While popular expectations have been that newer, more expensive vehicles would top the list, the data has repeatedly shown quite the opposite, with older, less flashy models topping the list.

Subaru driver David Higgins dominates Sno*Drift Rally

(January 30, 2012) CHERRY HILL, N.J. — Subaru's defending 2011 Rally America National Champion David Higgins launched his 2012 title defense with Subaru Rally Team USA with a decisive victory this past weekend at the Sno*Drift Rally. 

Higgins, driving a 5-door 2012 Subaru WRX STI rally car, dominated the rally leading from the start and winning 15 of the event's 24 competitive stages.

Mazda recalls 2001-2002 Tributes over fire risk

(January 30, 2012) Mazda said Saturday it is recalling 52,390 model year 2001-02 Tribute SUVs over fire risks, and is warning owners not to park them in garages until the company gets replacement parts.

The announcement follows the recall earlier this month by Ford of nearly 275,000 model-year 2001-02 Ford Escapes for the same fire risks.