Here's what we've got our eye on today:
- Nissan will use Intel chips in select models beginning next year, Bloomberg News reports. The Infiniti LE concept, which Nissan's luxury division introduced ultimately week's Big apple International Auto Show, uses Intel's Atom chip for its dashboard displays. The move helps Intel diversify beyond computers, which Bloomberg says accounts for 90% of the corporate's revenue. Intel has other deals with BMW and Mercedes.
- The Detroit News reports Toyota will hire another 150 engineers, scientists and researchers at its technical center this year, plus another 100 over a better five years. Headquartered in Michigan but overseeing facilities in two other states, the technical center is answerable for U.S.-designed models just like the Tundra and Tacoma pickup trucks, in addition to the Avalon sedan.
- Ford marketing manager Kate Pearce told The Detroit Free Press that the MKZ from Ford's Lincoln luxury division has gained name recognition. It's the third best-known Lincoln nameplate behind the Navigator and now-defunct Town Car, Pearce said, and it shows "more recognition of the nomenclature." We still doubt the tactic, however.
- The U.S. Treasury froze pay for CEOs at GM and automotive lender Ally Financial, The Detroit News reports. Following an $85 billion auto bailout in 2009, the Treasury still owns large portions of both companies รข€" hence the oversight. This year, GM CEO Dan Akerson will receive $9 million in total compensation, while Ally's Michael Carpenter gets $9.5 million. The executives' pay falls in response to their 2011 salaries.
- Audi denied reports from a German magazine that it'll build its next Q5 at a brand new Mexican factory, consistent with Automotive News. Audi parent Volkswagen has three North American plants: two in Mexico and one in Tennessee. The automaker says it's still determining where it'll build the plant, with more discussion to come back at its supervisory board meeting on April 18.
From WhatNewsToday.net
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