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  1. jaguar0:52
  2. General Motors1:03
  3. auto show1:49
  4. GM1:17
  5. Apple's iPhone2:15
  6. Fiat 5001:44
  7. Richard Beattie0:33
  8. Wells Fargo2:24
  9. iPhone 52:17
  10. acted technologies4:31

Tue, 27 Nov 2012|

Ousted GM exec is interim head of sales, marketing; EV fun for Chevy?; sales optimism; dual Honda win; Mazda's upscale goal.


Automatically Generated Transcript (may not be 100% accurate)

Thanks for stopping in -- Tuesday I'm Jennifer bond. Must move upscale we'll hear from the companies the hill later on now today's had lines. Joseph EY -- has a new job at least temporarily. GM's former global marketing boss is moving to -- automotive. As interim chief of global sales and marketing. You wine maker will we're pleased that Richard Beattie who announced his retirement Monday. Fister says he won it has been a marketing consultant to the plug in hybrid maker for at least six weeks. You'll still be eighty's role until a full time replacement is me. -- a veteran of Ford Mustang and jaguar was hired by -- her as its chief commercial officer of last December. Like he -- make this here's CEO Tony -- month came from aging and General Motors fired he won it in July. Over the handling of a controversial. Sponsorship deal with English soccer club Manchester United. GM says its launching the electric version of the shoveling spark at mini car. As they green to drive option for urban dwellers. It's not says product chief Mary -- to check a regulatory box. G and has -- the car with techno -- and pat. Which is hopeful that the spark EV apart from rivals such as a Honda Fit Mitsubishi high and forthcoming Fiat 500. That car will be unveiled this week at a Los Angeles auto show. And launch this summer in California. For a -- Canada in Korea. Among that tacky features in a spark. And it taxed. Yeah yeah. And -- my only infotainment system that starting early next year will integrate with theory. The voice recognition system on Apple's iPhone four as an iPhone 5. They shabby sonic LTD and RS will also -- theory. Wells Fargo has raised its forecast for November US auto sales. Analyst rich wants now expects sales to hit it seasonally adjusted annual rate. In the height fourteen million to low fifteen million range. His previous four counts then -- at fourteen million range. One reason for the uptick. Demand to replace vehicles. What are other analysts same. It would be the highest of a year talking September's fourteen point nine million. Edmunds dot com predicts a star in the mid high fourteen million range. And want other quick note as we said yesterday between know and -- as have again scored highest in retail value is. As measured by Kelley blue book. LG is out with it's taken -- residual values. And topping that list Honda in the mainstream category. And you're not in the premium category. -- I had the most individual segment awards. Mazda is repositioning itself as -- more premium brand says that's chief executives take Hershey Domenici. This in an Africa's that it fell apart from its Japanese rivals and other mass market brands. Yamaguchi is looking to boost annual sales in the US -- 43%. Over the next four years. As for the near term. I don't want to the hole that next here every county record sales. Because -- we have did you -- -- apple products that he's never seen before in recent years. This 67 year old is count on the third generation monstrous six midsize sedans to lead the way it hits showrooms in January. Must -- will stress key elements of its new line up including. It's acted technologies. And -- design language which debuted in this X by crossover. In addition the company will put -- emphasis -- minimize incentives. And higher residual values. Month is forecasting 280000. US sales for this fiscal year and 400000. Inferred 2016. Mazda hadn't seen US numbers in that territory. Since 1986. When it sold a record 380000. Vehicles. -- knew she speaking through an interpreter. Recently sent down with our -- cardinal in Tokyo. Thanks so much for watching -- a file was on Twitter at first underscores yet take care.

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