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Auto News 04/2011

Japan auto sales drops by 37% in March 2011 after the earthquake-tsunami
Automobile sales in Japan dropped by about 37% as compared the same month last year, after the country was badly hit by the earthquake and tsunami last March 11, 2011. According to the report from Japan Automobile Dealers Association released on Thursday, March 31, Japan automobile industry suffered a 37% drop on March 2011, as [...]

Solera Holdings, Inc. Signs Agreement to Purchase Assets from Inventory Technology Systems, Inc.; Transaction Will ...
Solera Holdings, Inc. , the leading global provider of software and services to the automobile insurance claims processing industry, today announced that Hollander, Solera's operating company that provides salvage yard management systems and parts locating software to the automotive recycling industry in the U.S. and Canada, has signed an agreement to purchase assets from Inventory Technology ...

Michigan Start-up FastPennyCars.com to Launch the Industry First Automobile-Specific Online Penny Auction
Frankenmuth, MI April 1, 2011 - FastPennyCars.com, a start-up based less than two hours from Detroit, the automotive capital of the US, today announced the launch of its namesake penny auction website that focuses exclusively on new automobiles. Unlike other penny auction sites that offer electronics and other products and services, FastPennyCars.com focuses solely on automobiles, an industry ...

Indian automobile sector's March sales soar
New Delhi/Chennai, March 1 (IANS) The Indian automobile industry Friday reported good sales numbers for the month of March 2011, prompted by a growing economy, increasing disposable incomes and low interest rates.

Indian automobile sector's March sales soar
The Indian automobile industry Friday reported good sales numbers for the month of March 2011, prompted by a growing economy, increasing disposable incomes and low interest rates.

Spyker warns Saab future is 'uncertain' without fresh funds:
Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing.

Toyota hikes U.S. prices an average 1.7% on most models:
Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models.

2011 Honda CR-Z EX NAVI, an AW Drivers Log:
EDITOR WES RAYNAL: This 2011 Honda CR-Z is a nifty little scooter for commuting. Donand#8217;t know that Iand#8217;d want to drive one to Seattle, but for buzzing around town itand#8217;s ideal.

2011 Honda CR-Z EX NAVI, an AW Drivers Log:
EDITOR WES RAYNAL: This 2011 Honda CR-Z is a nifty little scooter for commuting. Don't know that I'd want to drive one to Seattle, but for buzzing around town it's ideal.

Mini and BMW M get new leaders:
The overseer of BMWand#8217;s vaunted M division is taking another spin in the driverand#8217;s seat at Mini.

Volkswagen OKs production of the Bugatti 16C Galibier, report says:
Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project.

Chrysler will lose $10,000 on every Fiat 500 EV it sells, CEO says:
Chrysler Group LLC will lose more than $10,000 on every battery-powered Fiat 500 its sells, Fiat-Chrysler CEO Sergio Marchionne says.

Hyundai rules out separate premium brand:
Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates.

JE Designs turns up the power in Touareg hybrid:
JE Designs unveiled its freshly tuned 440-hp Volkswagen Touareg hybrid on Friday.

Ford outsells GM for second time since 1998:
Ford Motor Co. outsold rival General Motors in the United States last month for the second time since 1998.

AUTOWEEK TV: Chevy unveils Mi-ray roadster concept in Seoul:
Also into today's episode: Editor Wes Raynal test-drives an electric-powered Rolls-Royce, Hyundai and Kia roll out clean-running concepts, and Audi extends the brand to two-wheelers.

Toyota wins unintended-acceleration case:
Toyota secured a legal victory on Friday against the landslide of unintended-acceleration claims that have dogged the company for more than a year.

Bismarck Auto Industry Doesn`t Feel Effects of Japan`s Earthquake
It`s been three weeks since a tsunami and a 9.0 magnitude earthquake struck Japan and left much of the country at a standstill, but the automobile industry in Bismarck isn`t feeling the effects.

Bismarck Auto Industry Doesn`t Feel Effects of Japan`s Earthquake
It`s been three weeks since a tsunami and a 9.0 magnitude earthquake struck Japan and left much of the country at a standstill, but the automobile industry in Bismarck isn`t feeling the effects.

Thailand sees growth of tire shops
The automotive industry is on a roll, particularly in Thailand, which recorded a 47-month high domestic automobile sales last November. With the economic recovery and increasing purchasing power of consumers, the automobile market have been registering high growth, and this in turn gives rise to the need for an adequate level of aftermarket service care.

The BMW M5 is back!:
BMWand#8217;s M division has gone back to the drawing board with the M5, giving the fifth generation of the iconic four-door a twin-turbocharged 4.

2012 Kia Sportage SX, an AW Flash Drive:
What is it?

2011 model year is a quickie at Chrysler:
As soon as Chrysler Group dealers stock up on vehicles of the shortened 2011 model year, they'll have to start getting ready for the 2012 models.

2011 Dodge Avenger Heat, an AW Drivers Log:
EXECUTIVE EDITOR--AUTOWEEK.

Elway seeks another fourth-quarter comeback:
It was looking to the world like National Football League great John Elway was finished, settling into a middle-aged retirement of lush golf courses and tending to his investments.

AUTOWEEK TV: BMW reveals new M5 sedan:
Also in this episode: We take the McLaren MP4-12C sports car for a spin, Kimi Räikkönen is headed for NASCAR, and recapping the weekend racing action.

Audi sets 2012 A7 prices for U.S.:
The 2012 Audi A7 hits U.S. showrooms later this month with a sticker price of $60,125, including the destination fee.

Ford boosts prices 0.4 percent on 2011 models:
Ford Motor Co. said it boosted prices an average of $117, or 0.4 percent, on 2011 models effective Friday, April 1.

New vehicle sales up 23% year on year
New vehicle sales in South Africa improved by 23 percent in March, compared with the same month in 2010, the National Association of Automobile Manufacturers of SA (Naamsa) said yesterday.

Reportlinker Adds China Automotive Windshield Wiper Industry Report, 2010
Reportlinker.com announces that a new market research report is available in its catalogue:

ABC Group Announces Joint Venture Agreement with China's Ningbo Inoac Huaxiang Automobile Products Co. Ltd.
TORONTO, ONTARIO--(Marketwire - 04/05/11) - ABC Group Inc., today announced the signing of a joint venture agreement with Ningbo Inoac Huaxiang Automobile Products Co., Ltd (IHX) of China to form Ningbo ABC Inoac Huaxiang Co., Ltd. (AIH), based in Ningbo City, China. As the automotive industry increasingly moves to global automotive platforms for design, engineering and production, automotive ...

2011 Suzuki Kizashi Sport SLS, an AW Drivers Log:
EXECUTIVE EDITOR ROGER HART: This is the best Suzuki that I've driven. I'm somewhat amazed that Suzuki's ability to build outstanding motorcycles has not somehow carried over to four-wheel cars.

Keyless ignition trends toward standardization:
A federal plan to require automakers to standardize keyless ignition systems in the wake of Toyota's unintended acceleration problems is likely to mirror industry guidelines issued in January, an automaker group said.

Six Bertone concepts to be auctioned by bankruptcy court :
Six concept cars created by Italian design house Bertone for Lamborghini, Lancia and Chevrolet will be auctioned next month on the orders of a bankruptcy court.

Rust products can be 'green'
Consumer demand always accelerates research and development in the automobile industry. With consumers more aware of environmental issues, the best rust proofing products now inhibit corrosion on your vehicle while guarding against damage to the natural environment.

Mercedes recalls M-class for cruise-control fix:
Mercedes-Benz is recalling the M-class SUV from the 2000 to 2004 model years to fix a problem with the cruise-control system.

Yearly driving costs rise 3.4 percent:
This won't be a surprise to anyone--it's costing more to own and drive a car.

AUTOWEEK TV: Test-driving the 2011 Suzuki Kizashi Sport SLS:
Also in today's show: Kia eyes a roadster, Dodge chases Charger sales and Mercedes tries to topple Lexus from its throne.

Lexus teases LF-Gh concept for New York auto show:
Lexus has started the slow reveal of the LF-Gh concept sedan it is bringing to the New York auto show later this month.

Solera Holdings, Inc. Repurchases Minority Stake in Audatex Spain
DALLAS, April 5, 2011 /PRNewswire/ -- Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced it has repurchased 15% of the outstanding shares of Audatex Spain, Solera's Spanish operating company, from Nacional de Reaseguros S.A., one of Spain's largest reinsurance companies. "I am grateful to ...

Techno group's Ferrari 412 being auctioned for Japan fundraiser:
Here's a car that will appeal to Ferrari fans and techno fans--the 1987 Ferrari 412 shown at the start of the 2007 movie Daft Punk's Electroma.

The new war horse
The pickup has become a favorite in wars in recent decades, admirably suited for low intensity warfare.

ABC Group, Ningbo Inoac Huaxiang Automobile form JV
ABC Group has signed a joint venture (JV) agreement with Ningbo Inoac Huaxiang Automobile Products (IHX) of China to form Ningbo ABC Inoac Huaxiang (AIH), based in Ningbo City, China.

Cash for Clunkers Program Extended to Year-End
Ending the automobile scrappage program should not impact the automotive industry, Deputy Industry and Trade Minister Andrei Dementyev said.

2011 Volkswagen Touareg TDI Lux, an AW Drivers Log:
EDITOR WES RAYNAL: I love this engine in this 2011 Volkswagen Touareg TDI. It works really well and has oodles of power and torque for instant thrust.

Toyota Prius hits 1 million milestone:
Few cars symbolize the hybrid revolution in the United States as singularly as the Toyota Prius, and its lofty sales have helped propel the Japanese juggernaut to No. 1 in the world.

Buoyant auto market boosts Rajkot machine tools industry
With buoyancy returning to automobile and infrastructure sector, the machine tools industry in Rajkot has been benefiting lately.

Ford Focus diesel rated at 80 mpg--in the U.K.:
Ford has introduced a diesel-powered Focus in Europe, called ECOnetic, that gets a claimed 80 mpg. It uses technology such as engine stop/start, low-rolling-resistance tires, brake regeneration and active grille shutters to get that number.

Leasing rebounds in auto showrooms
DETROIT, April 6 (UPI) -- Automobile leasing is propping up U.S. and foreign automobile sales in increasing numbers, industry data shows.

SPIED! 2012 Chrysler 300C SRT8:
Looking for evidence that Chrysler is hard at work on a hot-rod version of the flagship 300C? Hereand#8217;s the smoking gun.


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