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6/20/2013, 7:42 AM ET

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Wednesday, June 19, 10:44 AM Winners and losers from Chrysler's (FIATY.PK) fight with the NTHSA: Though it capitulated and agreed to a recall, Chrysler scored a cheap fix (adding trailer hitches) to what could have been a more expensive issue and protected its brand in front of the planned buyout by Fiat and eventual IPO. The NHTSA saves itself what may have been a painful process of going through discovery - while General Motors (GM) and Ford (F) got a free look at how a battle with the agency goes down. Consumers with 1993-2004 Grand Cherokees and 2002-07 Libertys walk away with a little extra value due to the new trailer hitch, but might still be wondering about those rear-end collisions. 2 Comments [Consumer, Global & FX]
Wednesday, June 19, 7:02 AM Smog-infested Shijiazhuangn in China announces a plan to limit automobile sales of new vehicles to 100K this year and only allow households to to own at most two cars in an effort to improve air quality. Automobile analysts think more cities in China could be forced to limit the growth of automobiles due to worsening air pollution. The measures could put the brakes on some of the most ambitious plans of automakers (F, TM, FIATY.PK, HMC, NSANY.OB, VLKAY.PK, DDAIF.PK) for the country. 7 Comments [Consumer, Global & FX]
Tuesday, June 18, 2:37 PM Chrysler (FIATY.PK) has reportedly decided to comply with a government request to recall 2.7M vehicles to end a showdown over the issue which upset the status quo in the industry a bit. Comment! [Consumer, Global & FX]
Tuesday, June 18, 2:13 PM A mini-drama is evolving in the automobile industry with Chrysler (FIATY.PK) expected to formally inform the NHTSA it won't comply with a request to recall certain older Jeep Grand Cherokee and Jeep Liberty models. If the stalemate continues between the automaker and the agency, the issue could be resolved in hearings or in court. (Chrysler White Paper on recall) Comment! [Consumer, Global & FX]
Tuesday, June 18, 3:06 AM The EU new-car market showed no signs of bottoming out in May as registrations dropped 5.9% to 1.04M units, the lowest level for the month since 1993. The fall followed a 1.7% gain in April. In January-May, registrations slid 6.8% to 5.07M vehicles. GM (GM) was among those to suffer the most in May with an 11.3% decline. Toyota registrations dropped 4.9% but those of Ford fell just 0.3%. (PR) 1 Comment [Consumer, Global & FX]
Monday, June 17, 1:30 PM Nissan (NSANY.OB) is threatening to put a damper on the summer profits of the Big Three (GM, F, FIATY.PK) automakers with new aggressive pricing stemming from a lower yen and an urge to gain market share in the U.S. What to watch: Nissan's "scorched-earth" pricing policy is running up against an onslaught of new models from Detroit with positive reviews. The U.S. automakers may hold the line on prices - unless Toyota (TM) gets aggressive as well and forces the issue. 3 Comments [Consumer]
Friday, June 14, 2:43 PM Chrysler (FIATY.PK) plans to freeze a pension plan that covers around 8K salaried workers in order to convert them to a defined contribution plan which will start next year. Last year, rival GM made a similar decision. Comment! [Consumer, Global & FX]
Friday, June 14, 10:10 AM The Big Three (GM, F, FIATY.PK) automakers are lobbying hard for continued tariffs on Japanese cars, according to Nikkei. The existing import tariffs in the U.S. on Japanese automakers (TM, HMC, NSANY.OB, MZDAY.PK, SZKMY.PK) have been a key negotiating point in recent trade talks and proposed agreements. 2 Comments [Consumer]
Friday, June 14, 4:00 AM Fiat could reportedly secure refinancing deals for its debt and that of Chrysler by the end of next week. Fiat (FIATY.PK) is poised to close an agreement with nine banks for €1.95B of its own debt, while it hopes to lower the rate of a $2.95B term loan at Chrysler as well. Fiat is also looking to raise money to acquire the 41.5% of Chrysler owned by the United Auto Workers' retiree health-care trust. Comment! [Consumer]
Thursday, June 13, 10:35 PM Fiat (FIATY.PK), which is in the process of buying up the rest of Chrysler (previous), wants Italians to know that home is where the heart is. CEO Sergio Marchionne said "We will not close any establishment, our country will be a production platform for new markets" at a conference in Florence, calling for the Italian government to institute "a plan of national cohesion for economic recovery." Comment! [Consumer, Global & FX]
Monday, June 10, 2:57 PM Chrysler (FIATY.PK) agrees to recall 15K 2013 Dodge Darts on concerns that the engine could stall in colder weather. Last week, the automaker raised some eyebrows with its refusal to comply with a NHTSA recall request. Comment! [Consumer, Global & FX]
Monday, June 10, 9:24 AM Ford (F) is working with the UAW to offer financial incentives for factory employees who choose healthier lifestyle options, according to reports. A wellness incentive program could save the automaker a large amount of money, though it might also create an unwelcome backlash from employees. Big Three rivals Chrystler (FIATY.PK) and General Motors (GM) are reported to be watching the developments closely. 6 Comments [Consumer]
Monday, June 10, 6:58 AM Chrysler's (FIATY.PK) defiance in the face of a request from the NHTSA to recall 2.7M Jeep Grand Cherokees and Libertys due to the alleged risk of fire is still creating broad ripples in the automobile industry. It's a first time in 17 years an automaker has said no to an expensive recall and is a strong show of faith by Chrysler that its internal data is superior to the government's conclusions. 1 Comment [Consumer]
Friday, June 7, 8:12 AM Fiat (FIATY.PK) won' take on any new debt to buy the shares of Chrysler it doesn't own already, according to CEO Sergio Marchionne. The big picture: One way or another it's looking more and more likely that a Chrysler IPO will occur. Based on the automaker's strong record of consistent sales gains in the U.S. and its slate of new models with positive reviews, the IPO could be well-received. Comment! [Global & FX, Consumer]
Thursday, June 6, 9:45 AM Chrysler (FIATY.PK) recalls 630K SUV and Jeeps from model years 2010 to 2012 to address air bag and seat-belt issues. The recall is completely separate from the problems the NHTSA cited in its request from earlier this week that 2.7M Jeep Grand Cherokees and Liberty SUVS be recalled. In that case, Chrysler demurred. Comment! [Consumer, Global & FX]
Wednesday, June 5, 7:29 AM Electric vehicle sales appear to have picked up significantly after some automakers dropped their lease rates. Honda (HMC) and Toyota (TM) dealers in California report limited supply while Fiat's (FIATY.PK) new 500e has a growing waiting list of buyers. It's a tough pickle for some of the automobile companies to be in as the surge in interest comes at price points which leave them in the red. Comment! [Consumer]

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