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The Latest News And Reviews
Throughout The Car Industry



Categories: Reports

Cheverolet Accounts for 68% of GM's Third Quarter Profit Gain

On: Fri, Nov 5, 2010 at 10:09AM | By: Sherry Christiansen


Cheverolet Accounts for 68% of GM's Third Quarter Profit Gain test 1-1

In October, GM posted sales of 183,392 units, 13% more than it did in October of last year. Chevrolet sales increased 7%, Buick increased 39%, GMC increased 30%, and Cadillac increased 15%. The majority of the inflated sales numbers were accounted for by crossover and full-sized pickup sales. In fact, over 47,000 of the total vehicles sold were Sierras and Chevrolet Silverado pickup trucks. GM sold 5048 units of the newly launched Chevrolet Cruze. GM picked up 2% of the total market share and Chevy sales made up 68% of the total.


Automotive Industry Offers Great Incentives for Leasing

On: Thu, Nov 4, 2010 at 2:26PM | By: Sherry Christiansen


Automotive Industry Offers Great Incentives for Leasing test 1-1

The U.S. auto market has posted low profits of new car sales for the past couple of years, but according to Automotive News.com, there is a "silver lining" in the weak new car market.  Fewer new cars being sold translates to lower numbers of used cars available on the market for the next 2 or 3 years. Lower used car inventory will enable automakers to promote leasing without concern for whether or not returned lease cars will flood the market in 2012 or 2013.

As a result, automotive leasing has been making a come back in the past few months. In fact, leasing has climbed to approximately 21% of U.S. sales through September 2010, compared to only about 16% for all of 2009, according to Emunds.com.


The New 2011 Ford F-150 Gets 23 MPG Highway

On: Thu, Nov 4, 2010 at 10:13AM | By: Sherry Christiansen


The New 2011 Ford F-150 Gets 23 MPG Highway test 1-1

Ford Motor Company has announced the upcoming launch of the most fuel-efficient full-size pickup truck on the market—the 2011 F-150, equipped with the all-new 3.7-liter V6 engine. Good economy is expected with a base V6, but what about some power? Try 302hp, 278 lb.-ft. of torque . . . from a base V6! It is projected to deliver best-in-class 23 mpg highway, pending EPA certification. Ford’s new Ford 2011 F-150 3.5-liter V6 engine and its new 5.0 V8 are projected to deliver best-in-class, provided EPA certification comes through.


Volkswagen Working On BlueSport Convertible For 2013 Debut

On: Wed, Nov 3, 2010 at 4:12PM | By: Chris Weiss


Volkswagen Working On BlueSport Convertible For 2013 Debut test 1-1

Like the Porsche Boxster, but don't quite have the money to justify a $50,000 roadster? Porsche's daddy Volkswagen is working on just what you crave. The BlueSport roadster was originally launched as a concept in 2009, and word is that the German automaker plans to debut the production version in 2013. Development is underway.

Debuted at the 2009 North American International Auto Show, the BlueSport bore some definite resemblance to the Boxster, but lost the overdone Porsche headlights in favor of a more angular pair similar to those seen on the Jetta, only sharper and more narrow. Smaller than the Boxster, the BlueSport measured in at 13 feet (the Boxster is over 14) with a 96-inch wheelbase.


 

Toyota Asks For Class-Action Suit To Be Dismissed

On: Wed, Nov 3, 2010 at 4:10PM | By: Sherry Christiansen


Toyota Asks For Class-Action Suit To Be Dismissed test 1-1

Toyota Motor Co. has requested that the judge in a California class-action lawsuit drop the charges of alleged defective parts causing unintended acceleration on the grounds that no electronic throttle defects have ever been identified. Toyota states that while claims have been made on behalf of all Toyota owners with electronic throttle control systems, “only a tiny fraction of the vehicles in question” have accelerated out of control.

Out of thousands of mechanical/technical examinations of Toyota vehicles that allegedly sped out of control, Toyota Motor Co. engineers and federal regulators have been unable to find any evidence of electronic defects that could possibly be the cause of unintended acceleration.


Three Dealer Candidates Take House Seats from Incumbents

On: Wed, Nov 3, 2010 at 3:09PM | By: Sherry Christiansen


Former Cadillac dealer Mike Kelly test 2

Three of four current and former dealer candidates took seats from House incumbents yesterday.  Mike Kelly, Republican from Pennsylvania, got involved in the election after he learned that his Cadillac franchise was one of the dealerships that were scheduled for termination by General Motors. The election received a national wave of republican votes, and resulted in a total of 6 dealers (all Republicans) with seats in the House, according to the National Automobile Dealers Association, that’s twice as many as before yesterday’s election. 


BMW, Porsche, Subaru All Post Sharp Sales Increase In October

On: Wed, Nov 3, 2010 at 10:21AM | By: Sherry Christiansen


2011 BMW X3 test 2

Subaru, BMW and Porsche posted sharp increases in October U.S. auto sales today as manufacturers appear poised to report a solid month. Analysts are saying that the October seasonally adjusted annual selling rate (SAAR) is expected to be the highest since the falsely inflated automotive sales numbers that occurred during the government Cash- For-Clunkers program that offered $3 billion in buying incentives in September of 2009.

According to AutoData Corporation; “The average of nine analysts' estimates compiled by Bloomberg is a SAAR of 11.9 million, slightly higher than September's 11.8 million. Excluding sales volume for September of 2009; 11.9 million is the highest sales reported by the automotive industry since September of 2008." Due to Election Day, many manufacturers have delayed the release of October sales numbers, but others such as BMW, Porsche, and Subaru have already posted huge gains in last months’ auto sales.


Bentley Engineers To Paddleboat Across The Atlantic For Charity

On: Wed, Nov 3, 2010 at 9:45AM | By: Chris Weiss


Bentley Engineers To Paddleboat Across The Atlantic For Charity test 1-1

What's the furthest possible vehicle from a Bentley that you could think of? I don't think that you can get much further than a paddleboat slowly pedaling across the giant hunk of landless blue known as the Atlantic Ocean. I suppose a paddleboat in the even larger hunk of blue known as the Pacific Ocean would be a little less luxurious, but you get the idea.

A pair of Bentley engineers are preparing for just that type of voyage. Not so much a rebellion against the luxurious, premium cars they work on every day, but an interesting if rather foreboding charity event, the engineers will be aiming to raise money for the Motor Neurone Disease Association and the Make-A-Wish Foundation.


 

GM Closes 500 Dealerships Despite Congressional Objections

On: Tue, Nov 2, 2010 at 11:37AM | By: Sherry Christiansen


GM Closes 500 Dealerships Despite Congressional Objections  test 1-1

In spite of the fact that approximately 24 congressional members (both Republican and Democratic) voiced objection, General Motors Co. proceeded to close the doors to 500 dealerships on October 31st,  as planned. 

There were 22 house members asking automakers to hold off on termination of dealerships until the completion of a federal investigation that was implemented in order to address allegations of foul play that may have occurred during the process of selecting which dealerships would be forced to close shop.  Republican Minority Leader John Boehner of Ohio and Rep. Steven LaTourette, congressman suggested that the Obama administration suspend the 500 GM dealerships scheduled to be terminated October 31st.  Senator Sherrod Brown, Democrat of Ohio was also one of the members of congress asking for a delay in dealer closings while waiting for the courts to rule on appeals filed by dealers involved in the recent arbitration hearings.


Off Season Endurance Update: Peugeot 90X

On: Tue, Nov 2, 2010 at 10:25AM | By: John Welch


Off Season Endurance Update: Peugeot 90X test 1-1

Endurance racing is exciting. Very exciting. The action and strategy is grind your teeth to dust-exciting during both the LMS and ALMS seasons, and even more so, to a point, during the winter off season. You can expect a newly designed NASCAR stocker once every, what? two decades?! Boring . . . In the modern era you get a fresh Indy Car every 12 to fourteen years. Formula 1 cars are "new" every season but the rules are so restricted that the innovations are minimal at best. Open-form endurance racing produces new ideas, cars and teams nearly every season. If you enjoy motorsports, technology, or "design" in general and endurance racing doesn't quicken your pulse . . . well, you may want to consult a physician. There is a good chance you're stone dead.

Rule changes meant to decrease cost and increase safety are a part of all racing formats in this new decade, an inescapable side effect of a crappy world economy and our increasingly sissified international society. Other forms of motorsports suffer from these changes whereas top flight endurance racing just gets more exciting. Look at the header image that accompanies this article. The Peugeot prototype pictured doesn't immediately seem all that different from the diesels squishing 908's we are used to. The orange arrows point out differences between this so-named "90X" and it's 908 HPDi progenitor. It is NOT the same car, though it is possible they share the same basic carbon fiber passenger compartment. Each of those annoying arrows points to a modification that has been made on the name of rules compliance, or, unlike most motorsport, out right speed. There is a billboard affectionately named "Big Honking Fin" by the Internet, different side pods, goose-neck attachments for the rear wing, a new engine intake and so on. We cover each of those arrows inside this post; hopefully we get our hands on images of the next Audi soon . . .


Study: Consumers Want Green Cars, Barely

On: Mon, Nov 1, 2010 at 4:45PM | By: Chris Weiss


Study: Consumers Want Green Cars, Barely test 1-1

Consumer Reports recently released the results of a consumer survey on green car buying that unveiled some interesting attitudes. The findings were originally presented at the GridWeek summit held earlier this month, a meeting of the stakeholders and players in the Smart Grid arena. While most consumers did admit to considering the green factor in a new car purchase, it's still not a primary a concern.