1. GM CEO Dan Akerson let go of his incredible 1958 Corvette for a charity auction conducted by Barrett-Jackson and the car hammered for $270k. All the proceeds went to Habitat for Humanity Detroit.
2. The US Treasury has taken steps to sell off it’s remaining 300 million shares in GM. The shares are trading at $29 at the time of this writing.
3. In our first recall of this week, Honda is recalling 748k Odyssey and Pilot models over airbag concerns.
4. According to the 14th Annual Global Automotive Executive Survey by KPMG LLP, global auto executives say Volkswagen and BMW are the two favorites to increase global market share over the next five years. Perceptions of Hyundai’s likelihood to gain share have fallen while Toyota jumps after two down years. U.S. auto brands are also strongly positioned among major global brands.
5. The Detroit Auto Show is history. The C7 Corvette stole the show, but there were other notable cars, including the Benz CLA, the Destino (think Fisker only more reliable and expensive) the Cadillac ELR (one of two electric cars on the list) and the massive, brutish, Ford Atlas Concept – sure to be driven by Viagra subscribers everywhere.
6. If you are a car guy in Iran, your luck is running out. Maserati and Lamborghini are joining Daimler, Toyota, Porsche, Hyundai, Peugeot and Fiat in halting sales to Iran.
7. One of six original Batmobiles produced for the 1960s ABC “Batman” TV series has sold at the Barrett Jackson auction for $4.6 million.
8. A new online service enables car shoppers to test drive vehicles without going to a dealership. Tred, a Seattle startup with ties to former GM CEO Rick Wagoner, cuts dealership trips by delivering new vehicles for consumers to test drive and possibly purchase.
9. Alfa Romeos to be sold in U.S. again by year’s end with the new 4C sports car.
10. The Toyota Prius C, the newest member of Toyota Prius “family,” has been named the nation’s “greenest” vehicle by the American Council for an Energy-Efficient Economy.