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GMC blings the Terrain Denali, Fiat’s CEO gets paid and lobbying against a Crimson tide in the Dash

March 15, 2012
GMC Terrain Denali
GMC Terrain Denali

What we're reading this morning about GMC's newest bling, Fiat CEO's payday and international lobbying against sweet home Alabama:

GMC unveils Terrain Denali [GM] This year, GMC will put a new top-end version of the Terrain SUV on sale with the brand's traditionally confusing Denali label, and replace the aging 3-liter V6 with the newer corporate 3.6-liter V6 good for 301 hp but similar fuel economy. (There's still a 2.4-liter four for those who like to stay safely below speed limits at all times). The Denali gets all the chrome GMC can slather on a vehicle, and doesn't do much for the SUV looks while bumping the price. I'm sure it will sell like the devil.

Fiat CEO Marchionne paid $19 million for 2011 [Bloomberg] Fiat CEO Sergio Marchionne doesn't just run Chrysler as well; he's also CEO of Fiat Industrial, the tractor-buiding business. The Italian car side paid him a total of $19 million last year, mostly in stock, and Marchionne doesn't receive a salary from Chrysler. As far as CEOs go, it's probably a steal — considering Ford will pay Alan Mulally at least twice that this year.

Chrysler to build smaller Pentastar engine [Automotive News] Among the decisions Marchionne makes for free at Chrysler is the call to build a smaller edition of the 3.6-liter Pentastar V6 that's used across the company. The reason? Chrysler's shift toward 8-speed and 9-speed automatic transmissions means it can use a smaller standard engine for fuel economy savings.

Civil rights groups lobby Hyundai, Honda to overturn Alabama immigration law [Detroit Free Press] Even though parts of Alabama's controversial immigration law have been blocked in court, the state still requires papers for anyone whom a police officer thinks looks foreign — which has led to confrontations with employees of the foreign automakers with plants in the state. A coalition of labor and civil rights groups now want those automakers to help overturn the law.