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Auto News 08/2009

Dealers call program a shot in the arm (Warren Times Observer)
In the wake of spring's bail outs, the automobile industry could be getting a boost with the government's "cash for clunkers" program.

BMW goes high-performance for 2010 model year (The Post and Courier)
As the automobile industry approaches new model announcement time, does anyone – anymore – listen, look or care?nContrast the nothingness with former, glorious periods when Oct. 1 was the day for new vehicle introductions. During the first 60 days, some makes took orders that amounted to 50 percent of the year’s sales. To many of us, it is still exciting to view upcoming new cars. Let’s take a ...

(AFX UK Focus) 2009-08-01 14:03 German car industry says slump bottoms out (Interactive Investor)
BERLIN, Aug 1 (Reuters) - The downturn in the German car industry has bottomed out but it will take time before sales recover to the levels of recent years, the president of Germany's car industry association (VDA) said on Saturday. VDA President Matthias Wissmann told the "Neue Osnabruecker Zeitung" newspaper that the steep drop in exports since the autumn of 2008 had finally been brought to a ...

Nissan Leaf electric vehicle headed for U.S. market in 2010:
Nissan has taken the wraps off its production-bound electric vehicle, named Leaf, that is plans to sell in Japan, the United States and Europe.

"Cash for Clunkers" Program Helps Hawaii's Auto Industry (KHON 2 Honolulu)
The Tony Group Autoplex in Waipio, may have hundreds of new cars, but it's the old gas guzzlers that have been getting all the attention. Since the government rolled out their "Cash for Clunkers" program, auto dealers say their lots have been busier than ever.

"Clunkers" leave dealers confused (Denver Post)
When the White House and Congress decided late last week to give their "cash for clunkers" program a reprieve, they did little to relieve harried and befuddled automobile dealers and customers trying to sort it out.

Business : German car industry says slump bottoms out (Khaleej Times)
BERLIN - The downturn in the German car industry has bottomed out but it will take time before sales recover to the levels of recent years, the president of Germany’s car industry association (VDA) said on Saturday.

Dealers warned off Cash for Clunkers (CNN Money)
Despite the Obama administration's promises that any Clunker deals written this weekend would be honored, the National Automobile Dealers Association is advising its members to play it safe and not close any more deals until the program's fate is clearer.

Coir industry eyes Rs 10-cr Onam biz as June export dips (Express India)
Although the last quarter has shown a nominal 1.8% growth in coir export volumes, June's export volumes have shown a 5% plunge. Even now, the domestic market is larger, but the more evolved exports-route fetches better revenue-realisation.

Meadow Brook concours crowns 1939 Delahaye and 1934 Packard best of show:
Two long-gone luxury liners, a 1939 Delahaye and a 1934 Packard, won best of show honors Sunday at the 30th Meadow Brook Concours d'Elegance, standing out from a field of 250 pristine cars from bygone eras on a sun-drenched afternoon of nostalgia in...

U.S. will honor clunker rebates until Senate acts, DOT chief says:
The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today.

Nissan's EV moves the electric car closer to the real world:
It's called the Leaf in Japan, and whether or not Nissan's production electric car carries that name in the United States, the company insists that the car will be on the road before the end of 2010.

Mercedes-Benz courts Renault for new Smart model based on Twingo:
Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a contemporary-engineered front-engine/front-wheel-drive platform as the basis for a frugal new Forfour model.

Plans for Smartand#8217;s three-seat sports car uncovered in patent drawings:
Mercedes-Benz is developing a three-seat sports car for Smart.

Lawmakers Scramble for 'Clunker' Funds (BusinessWeek via Yahoo! News)
The Federal Cash for Clunkers program that has been giving car buyers up to $4,500 to replace old cars with new, more fuel-efficient vehicles will operate through the weekend, the Transportation Dept. said July 31. Meanwhile, the House of Representatives voted Friday to add $2 billion to the program, which unexpectedly ran out of its initial appropriation of $1 billion in short order. The Senate ...

Colorado Automobile Dealers Association warns members about 'Cash for Clunkers' (Denver Business Journal)
The Colorado Automobile Dealers Association is warning its members about the federal "Cash for Clunkers" rebate program, saying that for now they should not assume they'll get paid back for cars sold under the economic-stimulus initiative.

Obama administration hopeful on "clunker" extension (Reuters via Yahoo! News)
The Obama administration was optimistic on Sunday that the U.S. Senate would extend the federal "cash for clunkers" auto sales program, but warned the incentive would be suspended at midweek without new funding.

Buick's demise could be good for our Open (The Sudbury Star)
The PGA Tour is expected to announce this week what the future holds for the tournament formerly known as the Buick Open, an event ending a 51-year association with that automobile brand.[...]

Lotus offers supercharger kits for Elise, Exige:
Lotus enthusiasts looking to wring a little more power out of their rides now have a potent option: a supercharger kit for the Elise and Exige models.

Nissan goes electric, and Acura eyes an exit from ALMS, in News Brake for Monday, August 3:
In News Brake: Nissan turns over a new "Leaf" for electric cars, Smart is remaking its lineup for the future, and Acura could be done with ALMS competition after this season ... But Wait, There's More!

Ford posts rare increase as industry gains from clunkers:
Ford Motor Co. posted its first sales increase in 19 months in July while most rivals pared their declines, boosting hopes that the federal cash-for-clunkers incentive has lifted industry demand from 27-year lows.

PHOTOS: Art Center Car Classic 2009 (Auto Spies)
Our friend John Grafman of AutoDesigno. com was kind enough to send us over some photos from the Art Center Car Classic in Pasadena. No educational institution has had a greater impact on the automobile industry than Art Center College of Design in Pasadena, California.

'Styled for the Road: The Art of Automobile Design, 1908-1948' Exhibition to Open at the Wolfsonian (Art Daily)
Brochure, Lincoln Zephyr, 1937.Lincoln Motor Company. The Wolfsonian–FIU. MIAMI BEACH, FL. The Wolfsonian–Florida International University presents Styled for the Road: The Art of Automobile Design, 1908-1948, an engaging exploration of automobile design in America from the 1900s through the 1940s.

Ford posts rare increase as industry gains from clunkers:
Ford Motor Co. posted its first U.S. sales increase in 19 months in July and most rivals pared their declines as the federal cash-for-clunkers incentive helped lift industry demand to its highest rate this year.

NetQuote Sponsors Public Programs at the Petersen Automotive Museum, Devoted to the Legacy of the American Automobile. (PRWeb via Yahoo! News)
NetQuote is pleased to announce that it has teamed up with The Petersen Automotive Museum to sponsor public programs devoted to the legacy of the American automobile.

NetQuote Sponsors Public Programs at the Petersen Automotive Museum, Devoted to the Legacy of the American Automobile. (PRWeb)
NetQuote is pleased to announce that it has teamed up with The Petersen Automotive Museum to sponsor public programs devoted to the legacy of the American automobile. NetQuote is the Internet's most popular comparison auto insurance web site that connects consumers with multiple insurance agents that compete for their business. The Petersen Automotive Museum is the nation's foremost automotive ...

SEMA Pasadena: Public show in SoCal raises money for charity:
Though we weren't at the very first SEMA show 42 years ago at the National Guard Armory in Los Angeles, the inaugural SEMA Cares Show and Shine last weekend must have been a lot like that first show four decades ago.

Rubber Jumps 3.4% as Auto Sales Boost Optimism Demand Will Grow (Bloomberg)
Aug. 4 (Bloomberg) -- Rubber climbed for a fourth day after U.S. auto sales posted their best month this year, raising optimism the vehicle industry’s worst drop in three decades may be over.

Sales of new vehicles fall (Mail and Guardian)
The map will replace this text. If any users do not have Flash Player 8 (or above), they'll see this message. South Africa total industry new vehicle sales fell by 25,9% year-on-year to 34 503 units in July, the National Association of Automobile Manufacturers (Naamsa) said on Tuesday.

SAIL, Tata Steel hike prices by up to Rs 1,000/ton (rediff.com)
Flat steel products are used by consumer durable industries and the automobile sector, while the long steel products are consumed primarily by the construction industry.

General Motors outperforms industry in key Middle East markets in first half of 2009 (AME Info)
General Motors (GM) maintained its overall Middle East market share for the first half of 2009, but increased its share in key markets.

Senate considers more funds for cash-for-clunkers program:
The cash-for-clunkers program is running on fumes, and government officials are working to get more funds for the popular program before the end of the week.

U-Haul adds green rides to car-share program:
U-Haul has made moving simpler for many Americans, and its car-sharing program is cutting rates and adding more environmentally friendly rides in an effort to win over consumers.

More cash is likely for clunkers program, and Lotus is charged, in News Brake for Tuesday, August 4:
The Senate appears poised to pump more money into the cash-for-clunkers program, Mercedes could bail on Formula One, and Lotus offers new supercharging kits . . . But Wait, There's More!

Detroit convention center to get upgrades for auto show:
For now, the Motor City will retain its spot on the calendar of international auto shows, as plans to upgrade the aging convention center where it's held annually will move forward.

RM Meadow Brook auction tallies $5.4 million:
A 1935 Auburn 851SC Boattail Speedster led the way at an auction held in conjunction with the Meadow Brook Concours d'Elegance, selling for $462,000 as the event raked in a total of $5.4 million.

International Automobile Dealers Announce Monthly Sales (The Auto Channel)
ALEXANDRIA, Va., Aug. 4 /PRNewswire-USNewswire/ -- The American International Automobile Dealers Association (AIADA) today released July 2009 sales figures for the international nameplate automobile industry.

Wagon joins the redesigned Mercedes-Benz E-class family:
The redesigned Mercedes-Benz E-class family is growing with the upcoming release of the wagon body style.

Horiba Shifts to Medical as Auto-Parts Demand Slumps (Update1) (Bloomberg)
Aug. 5 (Bloomberg) -- Horiba Ltd. , the world’s largest maker of instruments that measure automobile emissions, will seek to increase sales of blood analyzers and other medical equipment to reduce its reliance on the car industry.

Industry : Related News (TruckingInfo.com)
8/5/2009 - Expedited Freight Down With Autos, But It's Still Got Life The expedited freight industry was seriously hurt by the slump in automobile sales since 2007, then the recent bankruptcy and shutdown at two of the Big Three auto makers this spring, but there are many other "emergency" cargoes moving.

Mazda MX-5 roadster distilled to Superlight concept for Frankfurt:
Mazda's design and engineering team in Germany has taken the MX-5 roadster and boiled it down to its pure speedster form to create the Superlight concept. We'll get a close look at the car at the Frankfurt motor show.

Chrysler's new problem is a shortage of vehicles:
A two-month factory shutdown and the cash-for-clunkers government rebates accomplished a feat that had eluded Chrysler Group: It turned several slow-selling vehicles into scarce commodities.

Battery bottleneck limits Prius output:
Battery bottlenecks are hurting efforts to boost output of the Toyota Prius to meet booming demand, and the problem will likely persist into next year, a Toyota official says.

A new Mercedes wagon and the next Corvette racer are revealed, in News Brake for Wednesday, August 5:
The new Mercedes-Benz E-class wagon is revealed, a sporty Mazda gets even lighter for Frankfurt, and Corvette shows off the next C6.R . . . But Wait, There's More!

`Cash for clunkers' effect on pollution? A blip (AP via Yahoo! News)
"Cash for clunkers" could have the same effect on global warming pollution as shutting down the entire country — every automobile, every factory, every power plant — for an hour per year. That could rise to three hours if the program is extended by Congress and remains as popular as it is now.

`Cash for clunkers' effect on pollution? A blip (AP via Yahoo! Finance)
"Cash for clunkers" could have the same effect on global warming pollution as shutting down the entire country -- every automobile, every factory, every power plant -- for an hour per year.

China’s machinery industry recovery to gather pace in H2 (The Manila Times)
BEIJING: The annual output value of China’s machinery industry looks set to increase by 12 percent in 2009, with profits up to about 8 percent and foreign exchange earnings from exports down 10 percent from the previous year, forecast by Cai Weici, executive vice president of the China Machinery Industry Federation.

Nucor’s Says Cash-for-Clunker Benefits ‘Short Term’ (Update1) (Bloomberg)
Aug. 5 (Bloomberg) -- Nucor Corp. Chief Executive Officer Dan DiMicco said the government’s so-called cash-for-clunkers automobile incentive will produce only “short term” benefits for the steel industry unless stimulus spending on infrastructure projects increases.

Auto Industry Urged to Use Vehicle as Communications Platform (The Auto Channel)
TRAVERSE CITY, Mich., Aug. 5 -- In the midst of what could be the worst year in automobile sales in decades, telematics pioneer Steve Millstein sees a positive sign in that the automotive industry appears on the verge of dramatically re-shaping the way it listens and communicates with its customers.

Industry : Related News (TruckingInfo.com)
8/6/2009 - ATRI Needs Industry Input on Top Concerns The American Transportation Research Institute is conducting a survey, asking trucking industry stakeholders to rank the top issues of concern for the industry...


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