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Inside this issue
How Chrysler's Recovery Ignited a Power Shift Within Alliance
The One Thing about Greece That Global Car Companies Fear Most
General Motors Taps Europe Design Chief to Run Cadillac, Buick
Ford Opens Silicon Valley Lab to Focus on Tech Innovation
Gas Prices Drop for 10th Week in a Row
GM, Ford, Chrysler Apply for New Internet Domain Names
NHTSA Expands Toyota Probe to 1.42M Autos for Switch Fire Issues
Community Activism Helped Revive Dealership
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
How Chrysler's Recovery Ignited a Power Shift Within Alliance

Fears that Chrysler would be "Italianized" when Fiat took control of the U.S. automaker once seemed reasonable. Three years later, a thriving Chrysler is propping up an ailing Fiat and some outraged Italians complain about the "Americanization" of Fiat.
Source: Automotive News

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The One Thing about Greece That Global Car Companies Fear Most

Auto sales in Greece are tiny compared with big industrialized countries. There hasn’t been a car built there since 1995. So, why are the world’s car companies so petrified of the outcome of this weekend’s Greek election? Three words: the spillover effect.
Source: Forbes.com

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General Motors Taps Europe Design Chief to Run Cadillac, Buick

General Motors is bringing Opel's design chief to the United States to lead Cadillac and Buick styling and is moving the head of Buick and GMC styling to the top design post in Europe.
Source: Autoweek

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Ford Opens Silicon Valley Lab to Focus on Tech Innovation

Ford Motor Co. is joining the country's innovation hub with the opening Monday of its Silicon Valley Lab. The lab will focus on the future of mobility and the advancement of automotive technology, including semi-autonomous vehicle technology and in-car data systems.
Source: The Detroit News

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Gas Prices Drop for 10th Week in a Row

Gasoline prices have dropped for the 10th week in a row and are closing in on falling below $3.50 a gallon. If that happens this month or next, it will be the first time since Jan. 30. The average price of a gallon of gas in the U.S. was $3.589 Monday in the Energy Information Administration's weekly survey.
Source: USA Today

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GM, Ford, Chrysler Apply for New Internet Domain Names

The major automakers are preparing for life after .com and spending $185,000 apiece on multiple applications for new Internet addresses that are meant to clarify their brands. General Motors, Ford, Chrysler and the foreign auto companies requested more than 25 new domain names, including ".Chevy," ".Ford," ".Jeep," ".Lexus" and ".Fiat."
Source: Detroit Free Press

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NHTSA Expands Toyota Probe to 1.42M Autos for Switch Fire Issues

Federal safety investigators have upgraded and expanded an investigation into 1.42 million Toyota vehicles for door fires sparked by power window switches. The National Highway Traffic Safety Administration said in a notice posted Monday on its website that it was adding 600,000 Toyota Camrys and some other vehicles to the investigation it opened in February.
Source: The Detroit News

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Community Activism Helped Revive Dealership

Owner Vince Pavone moved to town -- and got busy building neighborhood ties

Kickball, child seats and Christmas trees have helped Vince Pavone turn around a failing Ford dealership in Battle Creek, Mich. When Pavone bought the store in 2010, it was headed toward insolvency after going through a string of owners and name changes. Pavone changed its name once more, slashed overhead, cut deals with creditors and created a new management structure. The result: Lakeview Ford-Lincoln turned a profit in its first month, Pavone says.
Source: Automotive News

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Quotable
"I continue to be somewhat concerned and somewhat reluctant to engage in expansions in Europe, but I have not slowed down one single dollar of spending in the U.S."

   
-- Sergio Marchionne, CEO of Fiat and Chrysler, referring to the current global economic conditions, Automotive News, June 19




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