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AUTOS' WORLD NEWS
* Profit warnings hurt car supplier stocks
Detroit,Mich,Usa -The Detroit News -Jan 13, 2006: Shares fall as investors also grow concerned about production, health plans at GM, Ford... Shares of many North American automotive suppliers fell sharply Thursday after several major companies warned of lower profits and investors grew concerned about the health and production plans at General Motors Corp. and Ford Motor Co...
* Automakers compete with low-emission, high fuel economy models at auto show
Detroit,Mich,USA -TheDetroit News, by Jeff Plungis -Jan 12, 2006: Feeling pinched by high gasoline prices? Automakers are listening and are using the North American International Auto Show this week to offer up a new round of remedies... If there is one clear message from the automakers, it is this: being green no longer means making compromises. They emphasize horsepower right alongside their fuel-economy prowess. Even Detroit's new muscle cars are seen as green... With a lightweight aluminum block and a system that shuts down four of six cylinders at certain driving times, Chervrolet's concept Camaro could get more than 30 mpg on the highway, the company said... Ford's SuperChief, a locomotive-sized pickup concept, also is claiming the green mantle: it runs on gasoline, ethanol or hydrogen...
* Safety sells with world automakers
Detroit,Mich,USA -The Detroit News, by Jeff Plungis -Jan 12, 2006: It's not just environmental technology. With safety continuing to sell, automakers are dueling on safety innovations and safety strategies... Hyundai offers side air bags standard, Honda includes six features in its safety lineup...
* ICBC Rates 2006 SUVs & Trucks Poorly in Rear-End Collision Protection
VANCOUVER,Canada -CNW -Jan. 9, 2006: The Insurance Corporation of British Columbia (ICBC) announced results today of rear-crash protection tests in 2006 pickup trucks and sport-utility vehicles (SUVs). None of the 16 pickup trucks tested and only six of the 43 SUVs tested received "good" protection ratings. Nine of the pickups and 27 SUVs received "poor" ratings, while the rest had "marginal or adequate" ratings...
* Volvo XC90 Ranks Top in Test of Whiplash Protection
IRVINE, Cal,USA -PRNewswire -Jan. 13, 2006: This is the first time the IIHS (International Insurance Whiplash Prevention Group), has carried out a dynamic test with SUVs and pickup trucks. The test was carried out in two stages. First, the seats were measured to determine the preconditions for protecting the head of a person of normal height. Only seats with good or acceptable head restraint geometry went on to the second stage, the dynamic crash test... Only 6 of the 44 vehicles tested proved to offer effective protection against whiplash injuries. The Volvo XC90 was one of the best...
* Touch-sensitive handles ease door openings
Detroit,Mich,USA -The Detroit News, by Larry Edsall -Jan 11, 2006: When the driver presses the panel, the door pops open wide enough to grab hold of the door edge... Magic Touch, replaces the original-equipment door handle with a body-colored panel and some hidden electrical components... Touch the panel and the door pops open far enough for you grab the door edge and pull the door open...
* Chrysler will lower time it takes to make vehicle by 6 hours
Detroit,Mich,USA -The Detroit News, by Josee Valcourt -13 Jan 2005: The Chrysler Group is counting on major gains in manufacturing productivity this year to help the automaker close the efficiency gap with Asian automakers... Chrysler CEO Tom LaSorda told analysts Thursday the company is on track to lower the average time it takes to build a vehicle from 35.8 hours in 2004 to 30 hours by 2007, helping it match the factory efficiency of Asian automakers...
* Chrysler's $90M fix
USA -Autoweek -13 Jan 2006: The Chrysler group will spend more than $90 million to fix faulty emissions control systems and resolve charges it violated clean air laws... The Environmental Protection Agency and the U.S. Justice Department had accused the company of failing to disclose the defects. Chrysler agreed to extend warranties on catalytic converters in about 700,000 1996-99 vehicles and notify owners of 300,000 newer ones that repairs are available under original warranties. About 500,000 1996-98 vehicles are to be recalled for repair of a separate defect in the onboard diagnostics system and to have their catalytic converters checked...
* CHINA: Auto sales growth rallies to 13.54%
Beijing,China -Xinhua news agency -Jan 13, 2006: AUTO sales rose 13.54 percent last year, as the Chinese auto market recovered from sluggish sales in 2004, citing a report by the China Association of Automobile Manufacturers today... Chinese automakers sold more than 5.75 million vehicles last year, up 13.54 percent from 2004, and their output grew 12.55 percent to 5.7 million units, the report said...
* China now 2nd largest auto market in world
BEIJING,China -Reuters/People's Daily -Jan 13, 2006: More vehicles were sold in China last year than in Japan, making China the world's second largest auto market after the United States, with almost 6 million units sold, a state newspaper said on Friday.But if imports of 160,000 were excluded, China was still number three...
* VW Set to Sell Hybrid
USA -The Car Connection -Jan. 13, 2006: Volkswagen will produce a hybrid passenger car for sale in 2007, according to a report by the Wall Street Journal. The paper says that the new VW's hybrid powertrain will be a "full hybrid" like that offered by Toyota and Ford, meaning that it can be operated in electric-only mode...
* GM gives dealers coupons to help close deals
Detroit,Mich,USA -The Detroit News, by Brett Clanton -Jan 12, 2006: Dealers handed $250 incentive certificates one day after carmaker cuts MSRP on most cars... A day after General Motors Corp. announced a major plan to cut sticker prices on most U.S. vehicle models, it quietly introduced a new incentive program for dealers to help them sell some models... The automaker is offering its dealers $250 "instant value certificates" that can be used as closing tools in the sale of GMC and Chevrolet SUVs and pickups...
* Toyota increases sales prediction
USA -The Baltimore Sun -13 Jan 2005: Toyota Motor Corp., which had the largest sales gain among major automakers in the United States in 2005, said yesterday that it expects an increase this year of as much as 10 percent, doubling a forecast it made last week... Toyota in 2005 sold a record 2.26 million cars and trucks in the United States, up 9.7 percent from a year earlier... News told reporters in a conference call Jan. 4 that the company expected to raise U.S. sales no more than 5 percent in 2006...
* West Europe new car registrations fall in December
FRANKFURT,Germany -Reuters-Jan 13, 2006: New car registrations in western Europe fell 4.1 percent to 1 million vehicles in December, dragged down by poor figures in Germany and Italy, the German automotive industry association VDA said on Friday...
* Russian carmaker GAZ plans to increase sales in 2006
NIZHNY NOVGOROD,Russia -RIA Novosti, by Zhanna Voronova -Jan 13 2006: Russian carmaker Gorky Auto Plant (GAZ) plans to sell 230,000 cars in 2006... "We plan to increase sales to 230,000 in 2006"... Preliminary data from December put 2005 sales at around 216,000, he said, including 140,000 Gazel and Sobol minivans, 55,000 Volga sedans, and 21,000 medium-sized trucks...
* DJ Thai '06 Vehicle Sales Likely Up 5% From '05 - Toyota
BANGKOK,Thainland -Dow Jones Commodities News/Comtex -Jan 12, 2006: Sales of new cars and trucks in Thailand are expected to grow 5% on year in 2006 to 735,000 units, with growth in passenger vehicle sales likely to offset a slowdown in trucks, Toyota Motor Thailand said Thursday...
* Tata my car
South Africa -Mail & Guardian, by Lloyd Gedye -13 Jan 2006: Indian vehicle manufacturer Tata, having quickly established itself as a leading player in the South African bus and truck market, is starting to make inroads into the car market...
posted by Unknown @ 11:22 AM
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