*Michigan - Big 3 rebound persists: August sales up
Detroit,MICH,USA -The Detroit Newsy Bryce G. Hoffman, Melissa Burden and Karl Henkel -Sept 5, 2012: -- Revised government figures suggest the auto industry's rebound so far this year was stronger than first estimated... The statistical change came Tuesday, as new car and truck sales in the U.S. increased 19.9 percent over the same period a year ago, on volume of 1,285,202 vehicles... All of this is good news for the Obama administration, which is holding the recovery of the auto sector as proof that the president's plan for America is working... All three Detroit automakers posted year-over-year sales gains in August, but all three ceded market share to Japan's resurgent car companies, whose production was hamstrung last year by the Japanese earthquake and tsunami...
* DC - Auto sales trending toward 14.3M vehicles
Washington,DC,USA -The Detroit News, by Bryce G. Hoffman -September 4, 2012: -- A revised analysis by the Federal Reserve shows that new car and truck sales in the United States improved steadily during the first two quarters of the year, with the year-to-date seasonally adjusted annualized selling rate now trending between 14.2 million and 14.3 million vehicles... Before the revision, the sales rate had trended downwards in the second quarter of 2012, raising some concerns that the rebound of the auto sector might not be sustained... But Sue Yingzi Su, senior economist at General Motors Co. said the data now show that demand for new cars and trucks was roughly the same in the second quarter as in the first three months of the year, while the retail selling rate actually improved...
* Michigan - Ford targets Prius v with new C-MAX Hybrid
(Photo from Ford: The C-MAX Hybrid beats the Prius v in fuel efficiency, horsepower and price)
Dearborn,MICH,USA -The Detroit News, by Karl Henkel-September 4, 2012: -- Ford Motor Co. will have six electric, hybrid and plug-in hybrid cars in its lineup by this fall, but is betting on one car in particular: the new C-MAX Hybrid... The automaker has Toyota Motor Corp. and its Prius lineup clearly in its crosshairs and is not hesitant to compare the C-MAX Hybrid's attributes to the Prius v... Toyota has led hybrid sales in the U.S. since it introduced the Prius here in 2000... Analysts say Ford's strategy of positioning the C-MAX directly against Toyota is the right way to go... But a variety of factors — including Ford's ability to lure loyal Toyota hybrid consumers, fluctuating gas prices and a lack of enthusiasm by many buyers for alternative powertrain vehicles — could limit the automaker's immediate success...
* Michigan - Ford increases EV research spend
Dearborn,MICH,USA -EVUpdate/Fleet Europe (Belgium), by Filip Van Mullem -23 Aug 2012: -- Ford has earmarked a reported $135 million to design electric-drive parts and double battery testing capacity. Ford is moving more battery research in-house and has hired 60 engineers in the last year, bringing its electric-vehicle engineering staff to more than 1,000, the company states. The moves help reduce the cost of hybrid systems by 30 per cent and speed development by 25 per cent. The US automaker predicts that hybrids, plug-in hybrids, and all-electric cars will account for as much as 25 per cent of its new vehicle sales by 2020, from less than 3 per cent last year...Labels: carmakers news USA and Canada
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