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Jul 13, 2006

AUTOS' WORLDWIDE

* USA - Toyota, Nissan recall tops 500,000
Automakers say dealers will repair faulty parts on Lexus, Highlander, Altima and Sentra models
Washington,DC,USA -Associated Press, by Ken Thomas -July 13, 2006: -- Toyota Motor Corp. said Wednesday it was recalling 367,500 Toyota and Lexus sport utility vehicles in the United States because a piece in the front console area could come loose and interfere with the gas pedal... In a separate announcement, Nissan North America Inc. said it would recall 200,000 Altima and Sentra sedans from the 2003 model year to fix a faulty sensor that can cause the engine to shut down in routine traffic...

*Japan - Inquiry Into Accident Could Tarnish Toyota Image
Tokyo,Japan -The New Yorl Times, by MARTIN FACKLER & Chieko Tsuneoka -July 12, 2006: -- An investigation by the local Japanese police into an accident involving a Toyota sport utility vehicle threatens to turn into an embarrassing scandal for the carmaker, which has built its success on a reputation for reliability... The police in Kumamoto, accused Toyota of failing to recall the type of S.U.V. involved in an accident in 2004 that injured a family of five, despite having known for years of a fault in the steering assembly. Toyota started issuing recalls for the vehicle, called a Hilux Surf in Japan and a 4Runner in the United States, two months after the accident... In the accident, a sudden steering problem caused a Hilux Surf to swerve into oncoming traffic and strike another vehicle, Toyota and the police said. The driver of the Hilux Surf was unharmed, but all five members of the family traveling in the other vehicle, including three children, were injured, some seriously... Two months later, Toyota recalled the Hilux Surf and two pickup truck models that used a similar steering assembly, the T100 and the Hilux, as the Tacoma pickup truck in the United States... Toyota recalled affected models including the 4Runner in the United States in September 2005...


* USA - Executive shakeups impacting Chrysler Group???
USA -chryslerweblog.com -13 July 2006: -- Gary Dilts - Raymond Fisher - Julie Roehm - Jeff Bell - Simon Boag... What do all the above names have in common? They are the names of senior VPs in Chrysler Group who have either left Chrysler, or transplanted to Mercedes (Boag) . With the uncertainity of the future of PT Cruiser, is it partly due to all of the executives roles being changed so frequently? Jeff Bell was in charge of Product Strategy at Chrysler Group before he left for Microsoft... Exactly how much do you think all the executive shuffling is impacting Chrysler Group’s execution plans?...


* USA - Twelve Worst Polluters
USA -autobloggreen, by Joel Arellano -Jul 13, 2006: -- ... Now we go to the smoggy side to find the 12 worst polluters... Our source, this time, is the Green Book issued by the American Council for an Energy-Efficient Economy (ACEEE). Each year, the ACEEE reviews vehicles and gives it a Green Score: the vehicle's overall environmental impact... The Green Score is based on fuel efficiency, tailpipe emissions, and vehicle gases contributing to global warming... Those with the worse scores are considered "mean" machines.The worst top 12 Mean Machines from "least" worse to "most" worse are:...


* China - Car company Chang'an to enter hybrid market
USA -autobloggreen, by Sebastian Blanco Jul 12th 2006: -- Chang'an Motor Corp (Ford and Suzuki's Chinese partner) will build a gasoline-electric hybrid for the Chinese market (and possibly overseas) by 2008... The company said it hopes the hybrids will make up 10 percent of it's sales by 2010... and ... will invest about $31 million as part of its $620 million investment in its own-brand cars. Chang'an's announcement comes after other automakers – Toyota and Geely Automobile – said they would bring hybrids to China in the next few years... The cost difference between regular engines and hybrid engines could hinder hybrid acceptance in China as it has in other markets...


* China - SAIC transfers assets to Shanghai subsidiary
BEIJING,China -Bloomberg/Associated Press -July 12, 2006: -- Shanghai Automotive Industry Corp. (SAIC), said Wednesday that it had injected 20 billion yuan of assets into its Shanghai-listed subsidiary, creating China's largest publicly traded carmaker as the group seeks funds for expansion... The stock surged 10 percent... Shanghai Auto will pay the equivalent of $2.5 billion in cash and stock for parent's stakes in factories and consumer finance outlets shared with its joint venture partners General Motors and Volkswagen...


* Canada - Ford to install Sirius radios in vehicles
Toronto,ONT,Canada -The Toronto Star -July 13, 2006: -- Ford Canada plans to install Sirius satellite radios in virtually all its vehicles by 2008, the carmaker said Thursday... As part of the exclusive, long-term deal, Ford will offer the factory-installed satellite radio receivers bundled with a subscription to Sirius Canada's channel satellite radio service... Sirius satellite radio delivers 110 commercial-free radio channels to paid subscribers...

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