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Posted at 11:48 AM ET, 06/04/2012

Daily News Briefs: June 4, 2012


(Cars.com)

We told you last April that Jaguar will introduce a two-seat F-Type to challenge the Mercedes SL-Class , but now Bloomberg News reports it will be the smallest Jaguar in more than 50 years. A loose reincarnation of the iconic 1960s E-Type — you know, Austin Powers' car — the F-Type will draw heavily from Jaguar's C-X16 concept shown last fall. A Jaguar spokesman speculated to Bloomberg that the F-Type would start around $90,000 when a convertible version goes on sale next year. Expect a full unveiling in September, with global engines including a supercharged 3.0-liter V-6 or Jaguar's 5.0-liter V-8.

In other news:

GM will base part of its bonuses for salaried employees on customer retention, Automotive News reports . It's likely the first time in company history that bonuses have been tied to owner loyalty, GM North America President Mark Reuss told the publication.

With $68.3 million in total compensation, Ford CEO Alan Mulally took the top spot in automotive exec pay for 2011, according to a new study from Equilar Inc. via Automotive News .

Toyota forecasts its global sales to climb 21% in 2012, but CEO Akio Toyoda told reporters in Japan that slowing demand in the U.S. — which just had the worst month in annual sales rates since last November — joins his list of concerns, Bloomberg News reports .

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By Cars.com  |  11:48 AM ET, 06/04/2012

 
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