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Infiniti Steers by Wire (10/17/12)

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  1. concept cars0:30
  2. PSA3:38, 3:47, 3:49
  3. Automotive News1:19, 1:44
  4. GM3:20
  5. European Automobile Manufacturers Association4:25
  6. bail out3:46
  7. Canadian stores1:51
  8. worsening credit3:58

Wed, 17 Oct 2012|

Infiniti strikes first with steer by wire| Previewing 100 Best Dealerships to Work For | LA show's new boss | Another low for Europe


Automatically Generated Transcript (may not be 100% accurate)

Steer -- order infinity plans to build the first mass produced vehicles with steering control electronically. Instead of mechanically. Details next. Welcome daughter and is now on this Wednesday. I'm Jessica Snyder. -- quarterback is in Chicago today. We'll hear from him. Right after this. For years we've heard about steer by wire even seen it used on concept cars like the 2011 -- to. Now Infiniti says within a year some of its models will control the front wheels with electronics. Instead of traditional mechanical linkages. Putting a wire between the driver's steering wheel and the cars turning wheels. And skipping the steering column hydraulics -- control arms and power assessed. Just in case Nissan's luxury brand we'll have a back up mechanical system Reuters says that's still a legal requirement in many markets. But Infiniti says eliminating mechanical link might -- allowed joy sticks to replace steering wheels. In a briefing in Japan Nissan engineered pushing Horrow size said the system transfers the driver's intentions of the tires. Even faster than traditional steering. Automotive News we'll celebrate the 100 best dealerships to work for a special event later this evening in Chicago. Tom quarterback is in the windy city with a preview. You know we've heard time and again that dealerships. Are the front doors auto makers. And tonight we are going to salute the men and women inside of those stores some background information for you. This the first Automotive News list of the 100 best dealerships to work for a was compiled from the ranks of US and Canadian stores that are applied for the job. Management of those retailers to build out in extensive survey on employee benefits and practices. Employed he's -- than survey. Finally best companies group reviewed the surveys and develop the rankings. Tonight all of the stores will be recognized inside the Ritz Carlton and the number one dealership to work for will be announced. You know in recent weeks I've had the chance to speak with leaders from many of the stores on our list and let me tell you that it's been a real tree. For example learning how mentoring programs are shaping that culture that one dealership. Or how many employees at one store are driving what they sell. And how installing air conditioning in this sweltering service department is keeping staffers say and -- Some great stories out there will be sharing them with you in next Monday's print issue. -- and online starting just after midnight eastern tonight. At auto Slash best dealerships. That's the story from Chicago -- -- back to you in the studio. Thanks -- In other news the Los Angeles our show appointed a new general manager charged with continuing a recent attendance gains. And attracting more new model introductions. Terry Tony as will replace the long time GM and it was as -- after the upcoming late November show. But -- it will remain an officer and a half owner of the show's parent company. Tony as previously was CEO of the on center convention facility in search news New York. Elaine French auto maker PSA Peugeot Citron says it his way in a state backed rescue of its finance arm. The French government says it is willing to bail out bank PSA finance. If PSA agrees to -- conditions. Bank PSA provides car loans and financing to Peugeot Citron dealers but bank PSAs worsening credit rating. Means rival carmakers can undercut PSA on auto financing. PSAs European market share is shrinking. And CEO Philippe bar and says PSA loses 350. Euros on every car it sells. And the entire European auto market is deteriorating. With sales falling 11% in September. The region is on track to finish down 10% this year the European Automobile Manufacturers Association said. The worst annual showing since 1993. Currency crisis. That's our show for today thanks for watching everybody and we'll see you back here. Tomorrow.

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