December New Car Sales Bode Well for 2011

Analysts are predicting that the domestic annualized auto sales rate will hold above 12 million vehicles for the third straight month in December. The full calendar quarter sales results, they say, indicate that the recovery of the auto industry may kick into high gear in 2011.

Posted in In the News

Kia to Replace Amanti in U.S.

Kia Motor Company plans to replace its under-performing Amanti sedan in the U.S. market with a new model, tentatively being called the Cadenza.

Posted in In the News

GM, Ford Scrambling to Meet Tougher 2016 CAFE Standards

Tougher U.S. fuel efficiency standards, due to take effect in 2016, are forcing automakers like General Motors Company and Ford Motor Company to come up with creative ways to trim hundreds of pounds from their pickup trucks without sacrificing performance and towing capacity.

Posted in In the News

Hyundai-Kia, Volkswagen Lead the Field of IIHS “Top Safety Pick” Recipients

Korean automaker Hyundai-Kia and Germany’s Volkswagen AG are the big winners of this year’s Insurance Institute for Highway Safety crash safety study.

Posted in In the News

Ford to Launch European-Developed C-Max Minivan in U.S.

Ford Motor Company will introduce its C-Max compact minivan to an American audience at next month’s Detroit auto show. J.D. Power & Associates estimates minivan sales in the U.S. will increase 52 percent, to 630,857 units, by 2012. Ford hopes the C-Max’s high fuel efficiency and low sticker price (starting below $27,220) will help it capture a share of that growing market.

Posted in In the News

North American Car and Truck of the Year Finalists Reflect Changes in the Auto Industry

The vehicles chosen as finalists for the 2011 North American Car of the Year and North American Truck of the Year awards have been announced, and they reflect some interesting trends in the automotive industry.

Posted in In the News

Ford Predicts Industry-Wide, Domestic SAAR of 12 Million Vehicles this Month

Ford Motor Company predicts domestic, industry-wide sales to reach a seasonally adjusted annual rate of around 12 million vehicles this month.

Posted in In the News

Major Automakers Adopt Tesla’s Battery Technology

Toyota Motor Corporation, BMW AG and Daimler AG may adopt Tesla Motors’ approach to powering their electric vehicles. Instead of the heavier, more expensive lithium-ion batteries produced specifically for electric vehicle use, California-based Tesla Motors Incorporated re-purposes lighter, cheaper lithium-ion batteries commonly used in laptop computers.

Posted in In the News

Fiat Looks to Market Natural Gas-Powered Vehicles in U.S.

Instead of competing with Nissan, GM, Ford and others for its share of the electric vehicle market in the U.S., Fiat plans to push its natural gas engine technology. In Europe, Fiat owns the lion’s share of the natural gas powered vehicle market.

Posted in In the News

Obama Administration Bolsters Hybrid Auto Sales as Consumer Demand Declines

According to a new report by Bloomberg, nearly one quarter of all Ford and General Motors hybrids sold since President Barack Obama took office have been purchased by his administration in an attempt to offset waning consumer demand.

Posted in In the News

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