September 20, 2009
German Chancellor Dr. Angela Merkel officially opens the 2009 Frankfurt Motor Show. AutoWeek Editors Honor the Best.
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany and Jean-Marc Gales, PSA (PSA Peugeot Citroën, France).
Photo: 2009 Frankfurt Motor Show. Dr. Petra Roth, Mayor of the city of Frankfurt at the inauguration.
Photo: 2009 Frankfurt Motor Show. Dr. Norbert Reithofer, Chairman of Board, BMW and Dr. Angela Merkel, Chancellor of the Federal Republic of Germany.
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany and Bernhard Mattes, Management Chairman, Ford.
Photo: 2009 Frankfurt Motor Show. Ferdinand Piech, Chairman of the Supervisory Board, VW, Dr. Angela Merkel, Chancellor of the Federal Republic of Germany, Matthias Wissmann, President of the German Association of the Automotive Industry (VDA) and Prof. Dr. Martin Winterkorn, Chairman of the Board of Management, VW (Volkswagen Group).
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany at the stand of VW (Volkswagen Group}.
• Download Info brochure IAA 2009
• The AutoWeek Editors' Choice Awards recognize Best in Show, Best Concept, Most Significant and Most Fun.
Photo: A model at the 2009 Frankfurt Motor Show.
The AutoWeek editorial staff has announced its 2009 Frankfurt motor show Editors' Choice Award winners.
AutoWeek editors have been walking the show floors in Detroit, Geneva, Paris, Frankfurt and Tokyo, selecting winners in four categories: Best in Show, Best Concept, Most Significant and Most Fun.
The 2009 AutoWeek Editors' Choice Award winners for the Best of Frankfurt are:
• BEST IN SHOW: Ferrari 458 Italia
It is rare when there are more than a few in the race for this coveted title, but that was the case at Frankfurt when no fewer than eight manufacturers had vehicles in the final. When the scrapping was over, Ferrari's 458 Italia triumphed. The 458 wears voluptuous, organic shapes tied together with technical and efficient lines. No matter when you see this car in the future -- in five years or 50 years from now on a concours lawn -- it will always be the one that debuted at Frankfurt in 2009.
Other Finalists Considered: Maserati GranCabrio, Mercedes-Benz SLS, Aston Martin Rapide, Bentley Mulsanne, Rolls-Royce Ghost, Lamborghini Reventon Spyder, Audi R8 Spyder.
• BEST CONCEPT: BMW Vision EfficientDynamics
Maybe the most pure concept car at this year's Frankfurt show, BMW's glimpse into the performance sedan of the future uses technology, and design cues, that we'll see in production BMWs in the near future. Powered by a three-cylinder turbodiesel with a hybrid synchronous motor on the front axle and a full-hybrid system at the rear, this 2+2-seater also reveals some hints as to the exterior design features we'll see on future BMW passenger cars. With a top speed of 155 mph, this car shows that the future emphasis on fuel efficiency can offer a lot of fun as well.
Other Finalists Considered: Peugeot BB1, Citroen REVOLTe, Volkswagen E Up.
Photo: Volkswagen E Up in Frankfurt.
• MOST SIGNIFICANT: Renault EV family of four production electric cars
To think about which manufacturer was making the greatest impact and statement with their exhibit, it had to fall to Renault (and by default, though not exhibiting, its Nissan sister company.) With no fewer than four vehicles destined to come to market in three short years, Renault is putting an electrified stake in the ground and showing the rest of the world that while it might not be all in with this bet, it is not leaving much on the table.
Other Finalists Considered: BMW Vision EfficientDynamics, Jaguar XJ, Opel Astra, Saab 9-5, Ford Grand C-Max.
• MOST FUN: Porsche 911 Turbo
As is the case with all of the categories this year, a number of strong contenders vied for the title of Most Fun. When the smoke cleared, the new Porsche 911 Turbo came out on top as the one car whose keys we all wanted for a spirited ride. Surely it would brighten the sourest disposition. How can anyone argue with a choice like this?
Other Finalists Considered: Maserati GranCabrio, Peugeot BB1, Mini Roadster, Mazda Superlight, Volkswagen Golf R, Alfa-Romeo Mito Cloverleaf and Lamborghini Reventon Spyder.
• AutoWeek magazine is a fortnightly automotive-enthusiast publication based out of Detroit, Michigan, and is one of nearly 30 titles published by Crain Communications Inc.
Sources: AutoWeek, German Association of the Automotive Industry (VDA)
|GlobalGiants.com|
Edited & Posted by Editor | 6:08 AM | Link to this Post
September 17, 2009
'May the Best Car Win' Marketing Campaign from GM
• GM Launches 60-Day Satisfaction Guarantee.
• 60-day Satisfaction Guarantee covers 2009 and 2010 Model Year vehicles.
• Covers all vehicles sold by Chevrolet, Buick, GMC and Cadillac.
• Program runs Sept. 14 through Nov. 30.
• Offer covers 2009 and 2010 Model Year Chevys, Buicks, GMCs and Cadillacs (except medium duty trucks).
• Customers (one per household) can return their vehicle between 31 and 60 days with less than 4,000 miles.
Photo: 2009 Cadillac CTS-V.
Photo: 2009 Buick Lucerne CXL Special Edition.
General Motors has announced that it will offer a Satisfaction Guarantee to eligible buyers of new Chevrolet, Buick, GMC and Cadillac vehicles. The guarantee allows customers to return their vehicle to their dealer between 31 and 60 days of purchase and receive a refund of the purchase price for the vehicle.
The announcement is part of a larger "May the Best Car Win" marketing campaign.
• GM says that it is demonstrating its confidence in its vehicles when compared head-to-head with the most competitive vehicles in each vehicle segment.
Photo: 2009 Chevrolet Malibu LTZ.
Photo: 2010 GMC Terrain SLE.
"We think if consumers give us a fair chance and look at the facts on the things that matter most to them, like design, fuel economy, warranty and safety, our vehicles are the best choices - that's what makes an offer like this possible," said Bob Lutz, GM vice chairman, Marketing and Communications. "The Cadillac SRX and CTS Wagon, the Buick LaCrosse, the Chevrolet Equinox and GMC Terrain, for instance, are all outstanding new products. This new marketing effort should help us communicate these facts to consumers.
"We know that we'll need to work very hard to get people's attention and encourage them to give Chevy, Buick, Cadillac and GMC a try. We think the 'May the Best Car Win' campaign and the Satisfaction Guarantee offer should help re-instill confidence in the excellence of our products. We're putting our money down that if people buy one of our vehicles and don't absolutely love it, we'll take it back. We will stand behind them both in the short-term and over the long haul," Lutz said.
Source: General Motors Company
|GlobalGiants.com|
"This Sunday, General Motors launched a new marketing campaign, 'May the Best Car Win,' and will offer car buyers a 60-day money-back guarantee. Perhaps a more fitting slogan is 'Taxpayers, You Lose.'
Normally a strategy like this would be a bold move to compete in the marketplace - one that consumers and shareholders ultimately decide to reward or punish. Unfortunately, with this 60 percent government-owned company, taxpayers don't have the option of 'pulling out' of GM and putting their investments elsewhere; unless, of course, they'd like to be prosecuted by the IRS and spend a few years in jail. As a pro-market organization, we would applaud GM's gutsy approach - if only GM hadn't rigged the market in the first place.
Given that rigged market, it's no wonder GM can afford to offer money-back guarantees. After all, it's got $50 billion in bailout money. And it's probably not going to pay it back, according to a report last week from a Congressional Oversight Panel.
Since the federal government owns 60 percent of GM, maybe it ought to consider offering a money-back guarantee to the taxpayers as well. Instead, with this money-back guarantee GM continues to flaunt the enormous taxpayer investment in it.
According to the State of New York Banking Department, a new car loses up to 20 percent of its value the second it drives off a dealer's lot. Should taxpayers be footing this bill for GM's Zipcar-like incentive program?
If GM has money to burn on this type of program, perhaps it doesn't really need the $50 billion it received from the Treasury."
-- NATIONAL TAXPAYERS UNION, 108 North Alfred St., Alexandria, VA 22314, USA.
Money-Back Guarantee from a Car Manufacturer?
Most Amusing!
Edited & Posted by Editor | 3:05 PM | Link to this Post
August 28, 2009
Ford Taurus 100-City Tour
Photo: Mark Fields, Executive Vice President, Ford Motor Company Showcases 2010 Ford Taurus at New York Stop of 100-City Tour.
Mark Fields, executive vice president and president of The Americas, Ford Motor Company, is in New York Friday, August 28, to showcase the all-new 2010 Ford Taurus for one stop of the company's 100-City Taurus Tour.
Mr. Fields kicks off the Taurus publicity tour in New York by giving a speech at the New York Press Club at in the Associated Press Conference Center.
"The new Taurus sets the pace for Ford's growing new car launch momentum," said Mark Fields, president of The Americas. "This sedan completely redefines expectations of what Taurus stands for - and helps further define what Ford is capable of delivering - quality, fuel-efficient vehicles featuring the latest technologies and head-turning design."
Mr. Fields is responsible for all operations involved in the development, manufacturing, marketing and sales of Ford, Mercury and Lincoln vehicles in the United States, Canada, Mexico and South America.
Source: Ford Motor Company
|GlobalGiants.com|
Edited & Posted by Editor | 9:00 AM | Link to this Post
August 19, 2009
Goodyear Assurance Fuel Max Tires Help Couple Shatter Fuel Efficiency Guinness World Record
Photo: Helen & John Taylor (of Melbourne, Australia), holders of more than 80 fuel economy and driving world records, finish the Goodyear Fuel Max Challenge journey through the United States by crossing the ceremonial finish line at Virginia Tire & Auto in Ashburn, VA. After a three week, 9,505 mile drive touching all 48 contiguous U.S. states, the Taylors arrived Tuesday, August 18, having set a new Fuel Efficiency Guinness World Record of 67.9 mpg, shattering the 58.8 mpg they set last year.
In a display of fuel economy, two drivers from Australia have broken the "48 Contiguous U.S. States Fuel Economy Guinness World Record," driving a car equipped with Goodyear Assurance Fuel Max tires. This three-week, 9,000+ mile drive through all 48 contiguous states in the U.S., showcased the potential fuel savings from the breakthrough fuel-efficient tread compound found in the new tires.
The couple refueled the car at Shell-branded stations along the way. Shell, a global leader in diesel technology, was the fuel sponsor of the Taylor's 2009 Guinness World Record attempt. In the U.S., Shell is the best-selling fuel brand and has the widest availability of diesel.
"While our own testing shows just how fuel-efficient these new tires are, we wanted to provide a real-world example of the difference Fuel Max Technology can make," said Mark Cherveny, Goodyear brand manager, passenger tires. "Helen and John Taylor broke their own world record set last year, using the same car, the same fuel, and traveling the same route. We believe the difference this year is the set of Assurance Fuel Max tires."
Photo: The Goodyear Tire & Rubber Company Blimp. The Goodyear Tire & Rubber Company has been recognized as America's most respected automotive company by the Reputation Institute (RI) and Forbes magazine. RI's Global Pulse consumer opinion survey measures the overall respect, trust, esteem, admiration and good feelings consumers hold toward the world's largest companies.
Goodyear is one of the world's largest tire companies. It employs approximately 71,000 people and manufactures its products in more than 60 facilities in 25 countries around the world.
|GlobalGiants.Com|
Edited & Posted by Editor | 9:01 AM | Link to this Post
August 14, 2009
FORD INCREASES CAR PRODUCTION, DEMAND FOR ITS FUEL-EFFICIENT VEHICLES GROWS
Photo: Chicago Assembly Plant Celebrates New 2010 Ford Taurus Aug. 4, 2009; (left to right) Jan Allman, Chicago Assembly plant manager, Bob King, UAW vice president, Joe Hinrichs, group vice president, global manufacturing and labor affairs, Ford Motor Company, Pat Quinn, Governor, State of Illinois and Mark Fields, president of the Americas, Ford Motor Company at Chicago Assembly Plant during the 2010 Ford Taurus celebration. Photo by: Sam VarnHagen/Ford Motor Co.
• Ford is increasing North American production by another 10,000 units to 495,000 units in the third quarter as it builds more fuel-efficient vehicles to meet "Cash for Clunkers" demand. Ford's planned third quarter production now exceeds year-ago production levels by 18 percent.
• Ford, the UAW and suppliers are working together to ramp up production of the Escape small utility vehicle at Kansas City (Mo.) Assembly Plant and the Focus compact car at Wayne (Mich.) Assembly Plant through additional production shifts and increased overtime.
• Ford plans to produce 570,000 vehicles in the fourth quarter, a 33 percent increase versus year-ago levels and 15 percent above planned third quarter 2009 levels. The increase represents higher production across a range of cars, crossovers and trucks.
• After gaining U.S. market share in nine of the past 10 months and posting a year-over-year sales increase in July, Ford is off to a fast start in August due to continued strong demand for popular new products and the extended "Cash for Clunkers" program.
Photo: The 2010 Ford Fusion Hybrid 1,000 Mile Challenge car in Alexandria, VA. 27, April, 2009. Photo by: Sam VarnHagen, Ford Motor Co.
At its Dearborn Michigan headquarters, Ford Motor Company announced on Aug. 13, 2009 that it is increasing North American production in the third and fourth quarters to respond to growing demand for new Ford products and to ensure dealers are well stocked with fuel-efficient vehicles eligible for the "Cash for Clunkers" program.
Ford is increasing third quarter production by another 10,000 units to 495,000 units primarily to build additional Escape small utility vehicles and Focus small cars, the two most popular Ford vehicles under the federal government's "Cash for Clunkers" program. Ford's planned third quarter production is now 18 percent above third quarter 2008 production levels.
Ford also announced plans to produce 570,000 vehicles in the fourth quarter, 33 percent higher than year-ago levels and 15 percent above the third quarter production plan. The increase represents higher production across a range of cars, crossovers and trucks.
Photo: Ford Focus
"Under the 'Cash for Clunkers' program, the Ford Escape and Focus are flying off dealer lots, and we're doing all we can to ensure our dealers are well stocked with the fuel-efficient vehicles that customers really want [and need]," said Mark Fields, Ford's president of The Americas. "We also are planning a significant increase in fourth quarter production compared with last year, continuing to match production to the real demand. We'll need this additional production as even more people are drawn to our high-quality, fuel-efficient lineup, including our newest entries such as the Ford Taurus and Lincoln MKT."
Ford is working closely with the UAW and its suppliers to ramp up production of the Escape and Focus. At the Kansas City (Mo.) Assembly Plant, for example, employees agreed to work Friday and Saturday, Aug. 21-22, during what was a planned shutdown week. In August and September, Ford will build approximately 3,500 additional Escapes.
Photo: 2009 NASCAR Sprint Cup Series, Sonoma, California , USA, June 20, 2009. Bobby Labonte's Ford Fusion glides through turn 10. ©2009, autostock, USA.
At Wayne (Mich.) Assembly Plant, Ford is increasing Focus production by more than 6,000 units in the third quarter through increased overtime Monday through Friday and adding Saturday production shifts.
"This is a team effort with the UAW and our suppliers to meet the demand for fuel-efficient vehicles," said Joe Hinrichs, Ford group vice president, Global Manufacturing and Labor Affairs. "We asked our union partners to pull out all the stops - overtime, Saturday shifts, working during the shutdown - and they have delivered."
Photo: 2010 Ford Escape Hybrid: For 2010, Ford Escape Hybrid adds five new features that improve safety, reduce driver distractions and aid drivers. Integrated Blind Spot Mirrors, MyKey™, a Rear View Camera System and Active Park Assist are all now available to Escape Hybrid owners, and Escape Hybrid is one of the first Ford vehicles to feature the latest-generation hands-free SYNC system - now with Traffic, Directions & Information - helping reducedistractions while accessing important route and safety information.
The effort to meet "Cash for Clunkers" demand has required close coordination among Ford's sales and marketing, purchasing, manufacturing and material planning and logistics divisions. While increasing production, Ford also is "reprioritizing" vehicle shipments to ensure that vehicles in high demand, such as the Focus, Escape and Fusion, arrive at dealerships quickly.
Photo: Chicago Assembly Plant Celebrates New 2010 Ford Taurus August 4, 2009. Photo by: Sam VarnHagen/Ford Motor Co.
"Our carriers have been instructed to load Focus, Escapes and Fusions first," said Ken Czubay, Ford's vice president of U.S. Marketing, Sales and Service. "We want to ensure that dealers have an uninterrupted flow of product, because in many cases, they are selling them as soon as they arrive on the lot."
The fourth quarter production plan represents an increase of 75,000 vehicles versus the third quarter. The increase, which includes several Ford cars, crossovers and trucks, will help Ford rebuild inventories of key products.
"As we gain momentum with strong new products - with top fuel economy, quality, technology and safety - we are in a position to increase our production and deliver profitable growth over time," Fields said.
Source: Ford Motor Company
|GlobalGiants.com|
Edited & Posted by Editor | 9:34 AM | Link to this Post
August 2, 2009
Nissan Unveils World's First "Affordable" Electric Car, Calls it LEAF
Nissan Motor Co., Ltd. today unveiled Nissan LEAF at its global headquarters in Yokohama, Japan, proclaiming that it is the world's first affordable, zero-emission car.
Designed specifically for a lithium-ion battery-powered chassis, Nissan LEAF is a medium-size hatchback that comfortably seats five adults and has a range of more than 160km (100 miles) to "satisfy real-world consumer requirements".
LEAF is slated for launch in late 2010 in Japan, the United States, and Europe. Ushering in a new era of mobility and zero-emission era, the car is the culmination of decades of investment and research.
"Nissan LEAF is a tremendous accomplishment - one in which all Nissan employees can take great pride," said Nissan President and CEO Carlos Ghosn. "We have been working tirelessly to make this day a reality - the unveiling of a real-world car that has zero - not simply reduced - emissions. It's the first step in what is sure to be an exciting journey - for people all over the world, for Nissan and for the industry."
• Key characteristics of the LEAF include:
1. Zero-emission power train and platform
2. Affordable pricing
3. Distinctive design
4. Real-world range autonomy - 160km (100 miles)
5. Connected Mobility: Advanced intelligent transportation (IT) system
"The 'LEAF' name is a significant statement about the car itself. Just as leaves purify the air in nature, so Nissan LEAF purifies mobility by taking emissions out of the driving experience," the company explains. "As an added benefit, because the vehicle has less mechanical complexity than a traditional gasoline-powered car, Nissan LEAF is designed to be friendly to the wallet as well as to the environment."
The company expects the car to be competitively priced in the range of a well-equipped C-segment vehicle. Additionally, Nissan LEAF is expected to qualify for an array of significant local, regional and national tax breaks and incentives in markets around the world.
"Nissan LEAF is powered by laminated compact lithium-ion batteries, which generate power output of over 90kW, while its electric motor delivers 80kW/280Nm. This ensures a highly responsive, fun-to-drive experience that is in keeping with what consumers have come to expect from traditional, gasoline-powered automobiles."
"Unlike internal-combustion engine (ICE) equipped vehicles, Nissan LEAF's power train has no tail pipe, and thus no emission of CO2 or other greenhouse gases. A combination of Nissan LEAF's regenerative braking system and innovative lithium-ion battery packs enables the car to deliver a driving range of more than 160km (100 miles) on one full charge (US LA4 mode)," says Nissan. "Extensive consumer research demonstrates that this range satisfies the daily driving requirements of more than 70% of the world's consumers who drive cars."
"And, Nissan's approach makes charging easy and convenient. Nissan LEAF can be charged up to 80% of its full capacity in just under 30 minutes with a quick charger. Charging at home through a 200V outlet is estimated to take approximately eight hours - ample time to enable an overnight refresh for consumer and car alike."
"Our car had to be the world's first, medium-size, practical EV that motorists could afford and would want to use every day. And that's what we've created. The styling will identify not only Nissan LEAF but also the owner as a participant in the new era of zero-emission mobility," said Masato INOUE, Product Chief Designer. "The engineers and designers behind Nissan LEAF worked to create a competitively priced real-world car that would enable Nissan to lead mobility into the zero-emission era. To ensure comfort, spaciousness and cargo capacity, Nissan LEAF employs a completely new chassis and body layout."
Nissan LEAF employs an advanced IT system. Connected to a global data center, the system can provide support, information, and entertainment for drivers 24 hours a day. The dash-mounted monitor displays Nissan LEAF's remaining power - or "reachable area" - in addition to showing a selection of nearby charging stations.
"The IT system is a critical advantage," says Tooru ABE, Chief Product Specialist. "We wanted this vehicle to be a partner for the driver and an enhancement for the passengers. We also wanted this vehicle to help create a zero-emission community, and these IT features will help make that possible."
WORLDWIDE PARTNERS
Zero-emission mobility programs under the banner of the Renault-Nissan Alliance include partnerships with countries such as the UK and Portugal, local governments in the Japan and the USA, and other sectors, for a total of nearly 30 partnerships worldwide.
In these partnerships major efforts focus on three areas:
1. Development of a comprehensive charging infrastructure through public and private investment,
2. Incentives and subsidies from local, regional, and national governments, and
3. Public education on the individual and societal benefits of zero-emissions mobility.
According to Nissan Motor Co., Ltd., "LEAF is the first in the company's forthcoming line of EVs and is a major milestone in the realization of the Renault-Nissan Alliance's vision for zero-emission mobility. The first of Nissan's EVs will be manufactured at Oppama, Japan, with additional capacity planned for Smyrna, Tennessee, USA. Meanwhile, lithium-ion batteries are being produced in Zama, Japan, with additional capacity planned for the USA, the UK and Portugal, and other sites for investment are under study around the world".
Source: Nissan Motor Co., Ltd.
|GlobalGiants.com|
"Silence is the element in which great things fashion themselves together; that at length they may emerge, full-formed and majestic, into the daylight of life, which they are thenceforth to rule."
-- Thomas Carlyle
"All marketing managers, all auto makers, all car enthusiasts, all environmentalists, and all advertising & branding agencies may not agree that LEAF is a good name for a car.
But all leading political strategists would certainly agree that, in this case, LEAF is a Winning Name. This is so because top political strategists work at a finer and deeper level of advertising and branding. And this naming just corresponds to that.
Vote for LEAF!"
© GlobalGiants.Com. All Rights Reserved.
Edited & Posted by Editor | 3:23 AM | Link to this Post
July 23, 2009
APPEAL OF NEWLY LAUNCHED CAR MODELS HAS IMPROVED: J.D. POWER
Industry's top study measuring customer satisfaction in design, content, and vehicle performance.
Photo: 2010 Porsche 911 GT3.
The automotive industry achieves a three-year high in appeal for new and redesigned models, according to the J.D. Power and Associates 2009 Automotive Performance, Execution and Layout (APEAL) Study.
In 2009, the APEAL score for all-new and redesigned models averages 790 on a 1,000-point scale--11 points higher than in 2008 and 15 points higher than the 2009 score for carryover models. In addition, seven all-new and redesigned models rank highest in their respective segments, including the Dodge Challenger, Ford F-150 (in a tie), Ford Flex, Hyundai Genesis, Nissan Maxima, Volkswagen CC and Volkswagen Tiguan.
"Most automakers are on track in terms of designing new models that are highly appealing," said David Sargent, vice president of automotive research at J.D. Power and Associates. "The greater challenge for manufacturers lies in creating models that launch with both strong appeal and high quality, which ultimately lead to improved sales through greater customer loyalty and advocacy."
"Throughout the years, vehicle models achieving high APEAL scores have been shown to benefit from faster sales, less need for cash incentives and higher profit margins on each vehicle sold."
The average APEAL score for all models in 2009 has improved considerably to 779 from 770 in 2008, driven primarily by increased owner satisfaction with fuel economy. This higher satisfaction comes from three main sources. First, fuel prices have decreased significantly during the past year, which has reduced owner concerns about gas mileage. Second, owners are switching to more fuel-efficient vehicles--in 2009, more than one-half of all vehicles included in the study are powered by four-cylinder engines, compared with just 39 percent in 2008. Third, automakers are designing models to be more fuel efficient than their predecessors.
Photo: BMW X6M at the 2009 New York International Auto Show (NYIAS).
"Although lower fuel prices and the switch to smaller vehicles have undoubtedly helped, there are also many individual vehicles that have made strong improvements in fuel economy ratings," said Sargent. "For example, the Ford F-150, Cadillac Escalade, Volkswagen Jetta and redesigned Dodge Ram have all made major strides in owner satisfaction with fuel economy through the introduction of more efficient powertrains."
In 2009, domestic brands comprise the four most-improved nameplates. Dodge posts the largest improvement, followed by Pontiac, Buick and Cadillac, respectively. In addition, the three most-improved models are from domestic manufacturers, including the Dodge Ram, Buick Lucerne and Ford F-150.
"Consumers have a great array of appealing vehicles to choose from by both domestic and import brands," said Sargent.
The overall gap in APEAL scores between domestic and import models has narrowed considerably during the past several years and is just five index points in 2009, compared with 15 points in 2008 and 27 points in 2007. Among premium models, import nameplates retain a slight edge, while among non-premium models, domestic brands have a similar edge.
Photo: All-New 2009 Audi Q5 Crossover Vehicle.
Photo: Hyundai all-new 2010 Genesis Coupe.
Volkswagen captures four segment-level awards--more than any other vehicle nameplate in 2009--for the CC, GTI, Passat and Tiguan. Ford, Honda, Mercedes-Benz and Nissan each garner two awards. Ford receives model-level awards for the F-150 (in a tie) and Flex. Honda models receiving awards are the Odyssey (for a fifth consecutive year) and Ridgeline (for a fifth consecutive year). Mercedes-Benz earns awards for the S-Class (for a third consecutive year) and SLK-Class. The S-Class achieves the highest APEAL score of any model in the industry. Nissan receives awards for the Armada and Maxima.
Also receiving awards are the Chevrolet Avalanche (for a second consecutive year), in a tie; Dodge Challenger, Hyundai Genesis, MINI Cooper (for a second consecutive year); Porsche Cayenne (for a second consecutive year); and smart fortwo.
Porsche is the highest-ranking nameplate in APEAL for a fifth consecutive year.
The APEAL Study examines how gratifying a new vehicle is to own and drive, based on owner evaluations of more than 90 vehicle attributes. The 2009 APEAL Study is based on responses gathered between February and May 2009 from more than 80,900 purchasers and lessees of new 2009 model-year cars and trucks who were surveyed after the first 90 days of ownership. The APEAL Study complements the recently released J.D. Power and Associates Initial Quality Study(SM) (IQS), which focuses on problems experienced by owners during the first 90 days of ownership.
Photo: Members of the Maxima launch team hold the banner as the first all-new 2009 Nissan Maxima rolls off the line at the Nissan Vehicle Assembly Plant in Smyrna, Tenn.
2009 APEAL Nameplate Ranking
(Based on a 1,000-point scale)
Porsche ------ 869
Jaguar ------ 859
Cadillac ------ 852
Audi ------ 846
BMW ------ 844
Mercedes-Benz ------ 841
Lexus ------ 837
Infiniti ------ 828
Land Rover ------ 822
Lincoln ------ 820
Acura ------ 818
MINI ------ 817
Volkswagen ------ 807
Buick ------ 801
Volvo ------ 793
Ford ------ 785
Dodge ------ 784
GMC ------ 784
Saturn ------ 779
Industry Average ------ 779
Honda ------ 778
Mazda ------ 778
HUMMER ------ 773
Scion ------ 772
Pontiac ------ 769
Nissan ------ 768
Mitsubishi ------ 767
Smart ------ 767
Chevrolet ------ 764
Hyundai ------ 763
Mercury ------ 763
Chrysler ------ 757
Toyota ------ 756
SAAB ------ 754
Kia ------ 748
Subaru ------ 738
Jeep ------ 727
Suzuki ------ 715
• Top Models per Segment
Car Segments
Sub-Compact Car
Highest Ranked: smart fortwo
Scion xD
Honda Fit
Compact Car
Highest Ranked: MINI Cooper
Volkswagen Jetta
Mitsubishi Lancer
Compact Sporty Car
Highest Ranked: Volkswagen GTI
Compact Premium Sporty Car
Highest Ranked: Mercedes-Benz SLK-Class
Nissan Z
Entry Premium Vehicle
Highest Ranked: Volkswagen CC
Cadillac CTS
Audi A4/5
Midsize Sporty Car
Highest Ranked: Dodge Challenger
Midsize Premium Car
Highest Ranked: Hyundai Genesis
Jaguar XF
BMW 5 Series
Large Premium Car
Highest Ranked: Mercedes-Benz S-Class
Lexus LS
Midsize Car
Highest Ranked: Volkswagen Passat
Mazda 6
Honda Accord
Large Car
Highest Ranked: Nissan Maxima
Pontiac G8
Toyota Avalon
Photo: Y'Anna Crowley, winner of BET's 'Sunday Best' Competition in front of the 2009 Lincoln MKS, Lincoln's Flagship Luxury Sedan.
Results from the study show the Ford brand improving by 17 points and moving up six rank positions among nameplates from last year. The Lincoln brand improved by 18 points and climbed two spots in the survey from a year ago. Mercury improved by eight points and Volvo's score increased by two points.
The Ford Flex and F-150, both segment leaders, scored better than the segment average in every category, performing especially well in fuel efficiency and exterior styling. Ford's new F-150 improved 52 points from last year and scored 16 points better than all redesigned trucks in this survey.
"Ford's quality rankings continue to climb consistently year after year and we intend to keep the momentum going to become the best in the industry," said Bennie Fowler, group vice president, Global Quality. "To do so, we're raising the stakes and redefining what it means to deliver a quality product by giving consumers more than just defect-free cars and trucks; we're exceeding their expectations with features they would expect to find only in high-priced luxury lines."
APEAL asks customers what they like about the performance, execution and layout of their new vehicle after the first three months it is in service. Customer's rate their level of "gratification" on a variety of vehicle attributes, including safety, fuel economy, cargo space and roominess, exterior styling and price.
Photo: 2010 Ford Fusion.
"At Ford, we are accelerating the development of vehicles customers will fall in love with at first sight and grow even fonder of over time," said Derrick Kuzak, group vice president, Global Product Development. "To deliver on that promise, our goal is nothing less than product excellence in design, feature content, safety and quality--all at an exceptional value."
Ford explains that since "gratification" is difficult to define and even harder to measure, Ford looked for new ways to understand how customers define it. Researchers combed through surveys, looked at historical trends and studied customer satisfaction rates. They spoke with people who recommended Ford to their friends, and to those who dismissed the brand out of hand. By discovering what makes customers feel good about their cars, Ford was able to develop a unique set of criteria that came to be known as product DNA.
"This strict set of guidelines is designed and built into every vehicle for a consistent feel and sound that is unmistakably Ford. Every Ford, Mercury and Lincoln vehicle, from sub compact cars to full size crossovers, is designed to evoke a positive emotional response from its owner."
This "emotional engineering", which focuses on the senses of sight, sound and touch, is helping Ford deliver vehicles that are satisfying to own and drive.
To ensure the company's quality criteria are met, Ford says it formed a Global Craftsmanship team of engineers who examine how harmoniously the vehicle is put together. "Like assembling a puzzle, the team analyzes every inch of the vehicle to check for gaps, mismatches or inconsistencies of all of the parts individually and as a whole. Their work is divided into four interior and exterior vehicle review categories: visual quality; touch and feel quality; sound quality, and illumination harmony."
Photo: 2010 Volvo XC60.
To add structure to its DNA strategy and increase customer satisfaction, Ford put its quality criteria into three categories:
• Basic quality - the fundamental reliability of a vehicle.
• Performance quality - includes attributes such as fuel economy and quietness.
• Excitement quality - those unexpected convenience features that surprise and delight the customers.
While continuing to improve on basic quality and performance quality, Ford has increased its focus on excitement quality - the parts of the vehicle that surprise and delight. According to Ford, "Excitement quality includes features ranging from seats specially designed for comfort, materials and surfaces that look good and feel right, interiors with ambiance and paint that flows like liquid across the vehicle's surface."
"When applying the three categories, it's never about either/or; it's all three," said Kuzak. "We're still consumed with basic quality, but we're now also very focused on providing appeal and excitement."
"Creature comforts, good fuel economy, elegance, style, durability and quality craftsmanship, all come together to complete the ownership experience." says Ford.
Sources: J.D. Power and Associates and Ford Motor Company.
|GlobalGiants.com|
"FORD ADVERTISING: Now, when the advertising of its domestic competitors is low-key (they have just emerged from bankruptcy), Ford Motor Company is in an advantageous position to strike in North America and consolidate its nameplates and brands."
© GlobalGiants.Com. All Rights Reserved.
Edited & Posted by Editor | 4:06 AM | Link to this Post
June 18, 2009
Fiat Group to sponsor G8 Summit
Photo: The G8 Summit Venue in L'Aquila, Italy.
Italy, which took over the Presidency of the G8 in January, is responsible for hosting and organizing the annual Summit and also the preparatory meetings ahead of the three-day summit.
[The G8 is not an international organization, nor does it have an administrative headquarters with a permanent secretariat. It is rather a process that culminates in an annual Summit at which the Heads of State and Government of the member countries hold talks with a view to finding solutions of the main world issues.
The main industrialized countries taking part in this process are known as G8 -- the Group of Eight (Canada, France, Germany, Japan, Italy, United Kingdom, Russia, United States of America). Over recent years, the Group of Eight has involved the main countries with emerging economies, known as the Group of Five (G5), in a process of dialogue. The Group of Five (G5) comprises Brazil, China, India, Mexico and South Africa.]
Top management of Fiat has offered the Group's sponsorship of the G8 Summit in L'Aquila, Italy, to the Italian Prime Minister, Silvio Berlusconi.
Photo: Fiat Alfa Romeo - Murphy & Nye
Present at the meeting, held at Palazzo Chigi, were the Under Secretaries to the Prime Minister, Gianni Letta and Paolo Bonaiuti, as well as the Chairman of Fiat Group, Luca Cordero di Montezemolo, the Deputy Chairman, John Elkann, and the Chief Executive Officer, Sergio Marchionne.
As a symbol of the Fiat Group's support for the G8, the Prime Minister was presented with an Executive version of the Lancia Delta, made to the exacting standards of comfort and drivability and recently chosen as the Official Car of the 9th World Summit of Nobel Peace Laureates.
Concrete operational support for the Summit, which will be held on July 8, 9 & 10 at the Guardia di Finanza's Camp Coppito, will consist of an entire fleet of vehicles - consisting of 221 passenger cars, electric vehicles, off-road vehicles, commercial vehicles and buses - being made available to the Department of Civil Defense by Fiat Group for transportation of the participants at the G8 Summit.
The fleet will consist of: 90 Lancia Deltas, 85 Fiat Professional light commercial vehicles, 10 Iveco Massif off-road vehicles and an array of electric vehicles, including an Iveco Daily, two Iveco Europolis buses and 33 "GEM e4" vehicles produced by Global Electric Motorcars, part of the Chrysler Group.
A large part of this fleet has already been employed over the past few months at the preparatory ministerial sessions leading up to the Summit which are being held in various cities around Italy on specific topics such as labour, agriculture, the environment, economic development, justice and internal affairs, science and technology, finance and foreign affairs.
With the exception of the electric vehicles, which will be used within the Camp compound, all other vehicles will be used to transfer delegates to and from airports and the L'Aquila heliport. The entire fleet will be managed 24 hours a day by specialized Fiat Group personnel who will provide assistance and maintenance services, including for the armored Lancia Thesis vehicles already in use by the Italian government.
• The Fiat fleet for the G8:
90 Lancia Deltas will be used as courtesy cars.
Photo: Fiat Lancia Delta
Among these will be several models of the Executive version, designed with users such as businessmen, diplomats and government officials in mind. This version was also chosen at the Official Car for the 9th World Summit of Nobel Peace Laureates, held 11-13 December 2008 in Paris, of which Lancia was the main sponsor.
33 electric-powered "GEM e4" vehicles will be used inside Camp Coppito to transport Heads of State and Heads of Delegation. This zero emissions vehicle is produced by Global Electric Motorcars, part of the Chrysler Group, and has a range of 50km and can fully recharged in just 8 hours from a standard domestic 220v socket.
Photo: Fiat IVECO Daily
Three other electric vehicles, an Iveco Daily for luggage transport and two Iveco Europolis buses, will also be used inside the military compound. Distributor panels equipped with electric sockets have also been provided to recharge these vehicles.
Photo: Fiat Professional Ducato
The 85 Fiat Professional vehicles include 75 Scudo Panorama, Doblò Cargo and Ducato Cargo commercial vehicles and 10 natural gas Fiat Ducato Panorama 140 Natural Power vehicles, which provide high performance, reduced fuel consumption and low emissions.
Photo: Fiat IVECO Massif
The G8 fleet is completed by 10 Iveco Massifs (5-door Station Wagon) already in use by the Civil Defense. This 4x4 vehicle is capable of operating in extreme off-road conditions with gradeability at full-load of 100%.
Photo: Fiat Lingotto Building.
Photo: Fiat Abarth Plant
As a pioneer of the car industry, Fiat built its first car in 1899. Over 90 million cars and light commercial vehicles have been produced since then and many of its models have marked important milestones in motoring history.
Fiat Group Automobiles (FGA) designs, produces and sells automobiles under the Fiat, Alfa Romeo, Lancia and Abarth brands, and light commercial vehicles under the Fiat Professional brand. Each brand has its own unique identity and distinct commercial and marketing practices.
Source: FIAT S.p.A., Turin, Italy.
|GlobalGiants.com|
Edited & Posted by Editor | 11:27 PM | Link to this Post
June 12, 2009
car2go: Daimler's Innovative Mobility Concept is Coming to the USA
U.S. pilot phase is slated for start in fall 2009 with fleet of 200 smart fortwo vehicles as internal pilot for specific users.
Photo: smart fortwo passion coupe rally red with black "tridion".
Photo: smart fortwo passion coupe blue metallic with silver "tridion".
Photo: smart fortwo passion coupe with rear bike rack.
To celebrate the one-year anniversary of the vehicle in the United States, smart USA Distributor LLC, a subsidiary of Penske Automotive Group, Inc., is planting a tree in recognition of each of the smart fortwos sold in 2008. In partnership with American Forests and Daimler Financial Services, smart USA will plant trees in the Cache River State Natural Area, located in southern Illinois, about 150 miles southeast of St. Louis, Missouri. smart USA plans to continue this initiative for every vehicle sold in 2009.
Earlier, smart USA Distributor LLC announced an agreement with Central Parking System, Inc. in New York City, which offers half-price parking for smart fortwo owners in Manhattan. With this latest partnership, four New York City companies are now offering discounted parking for smart fortwo owners -- Central Parking; Meyers Parking and Icon Parking Systems facilities in Manhattan; and AviStar Airport Parking, which has lots at both JFK and LaGuardia Airports.
Central Parking System, Inc. has more than 350 parking lots and garages in Manhattan, Brooklyn, Bronx, Queens and New Jersey, and is the largest parking company in the area.
Photo: car2go goes Texas.
Meanwhile, Daimler AG announced in Ulm, Germany, that it will bring its innovative car2go mobility concept to the U.S. by fall of this year. The first international pilot will start in the Texas capital Austin with an initial fleet of about 200 fuel-efficient smart fortwo cars. car2go provides a simple, flexible, and cost-effective solution for city driving.
The car2go concept is based on a fleet of smart fortwo vehicles that are available for rent to registered members at any time, 24/7.
"The results of the first, internal pilot phase in Ulm demonstrate that, with car2go, we have found an additional answer to current and future mobility needs in urban areas - our project in Austin is the next logical step," comments Thomas Weber, Member of the Board of Management of Daimler AG responsible for Group Research and for Development of Mercedes-Benz Cars.
Contrary to traditional car-sharing programs, car2go offers the freedom to get in a car and drive at any time of day without reserving a car in advance. The vehicle can then be used for as long as required and returned to any available parking location within the defined area of operation - a mobility solution offering maximum flexibility.
"We are delighted to be chosen as the first international partner for car2go," says Austin Mayor Will Wynn. "Our city is well-known for its commitment to environmental issues and car2go is a perfect fit because it enables us to offer the citizens of Austin an intelligent mobility concept with an extremely positive environmental angle. The project has my full support."
Photo: car2go in Austin, Texas (Texas State Capitol in the background).
The goal of the Austin pilot project is to gather practical experience toward the international implementation of car2go. Initial challenges include its transferability to other cities, languages and mobility trends, as well as the adaptation of its business processes to the legal frameworks that exist in different countries. "We made a very conscious decision to go to a North American city," adds Jérome Guillen, Director of Daimler's Business Innovation Department, where car2go was developed. "The car-sharing market in the U.S. is enjoying the highest growth rate in the world, which is why we feel that this is also a very good opportunity for car2go."
"Reducing congestion, lowering emissions and providing innovative transit solutions are vital to Austin's commitment to becoming the best managed city in America," said City Manager Marc Ott. "I am proud of Austin's commitment to identifying and implementing progressive solutions to the challenges of urban mobility and environmental sustainability. This car-share program provides one more option to address some of our urban transportation challenges."
Photo: Austin, Texas, USA, Central Business District at night.
The capital of Texas with its 750,000 residents is distinguished by its open-mindedness and its very involved citizens. The positive attitude of the City administration, size and structure of the city, which boasts a progressive economic environment and is also home to one of the largest universities in the U.S., were important factors that led to the selection of Austin as the first international car2go city. The smart fortwo will take to the streets here in fall of 2009. In Austin car2go will start, like in Germany, as an internal pilot for specific users, e.g. employees for the city of Austin. But it will be extended to the public, if successful. The car2go project in Austin includes not only the vehicles, but also the associated personnel and technical infrastructure. Support from the City of Austin is integral to the success of this pilot program. This is an opportunity to establish a true public-private partnership to work together to ensure the city is a showcase for urban mobility solutions.
As Daimler further explains, the innovative car2go mobility concept was designed to foster individual urban mobility while using environmentally-friendly vehicles. Members can access a car2go from any location within a defined city area at any time of day or night.
Following the one-time registration, the car2go customer will receive a membership card that will unlock the vehicle. Customers will be able to use the car2go vehicle in a number of different ways. Available vehicles can be rented on the spur of a moment: to access the vehicle, the car2go member simply holds his membership card to the reading device located in the windscreen, climbs into the car, enters his PIN code and drives off. Vehicles can also be located quickly and easily via the internet or through the car2go service hotline. The system also allows members to make reservations up to 24 hours in advance, with customers being notified via text message about the location of the reserved vehicle.
The car2go rental period can be as long as desired and the vehicle remains reserved for the customer during stop-offs. When the customer wishes to return his car2go, he simply leaves the vehicle in a parking spot within the defined car2go city area. Any space not subject to parking fees or restrictions may be used - such as those along the side of the road or within designated parking areas. Furthermore, specially marked car2go parking spaces will be available at special locations such as train stations.
A car2go service team on the ground will handle daily maintenance of the vehicles. Billing is handled with the same degree of simplicity and flexibility as for every aspect of car2go - with rates by the minute, by the hour, or by the day. Pricing is all-inclusive: taxes, insurance, miles and gas.
The first phase of the German pilot project car2go will begin in Austin with a defined group of users (city employees, for example). It is then planned to make car2go accessible to the public in Austin in the second step.
• Americans are faced with volatile fuel prices, increased urban congestion and a mindset of environmental responsibility. The smart fortwo offers a high level of comfort, agility, safety and ecology. Despite its compact dimensions, the smart fortwo offers the driver and passenger remarkable freedom of movement equal to or greater than some larger cars. This vehicle concept is highly practical - especially for people who live in cities or urban areas. Many Americans drive with just a single occupant. The size of the smart fortwo allows for faster movements in cities and one does not need to search for a large parking space.
Source: Daimler AG, Stuttgart, Germany.
|GlobalGiants.com|
Edited & Posted by Editor | 5:51 AM | Link to this Post
June 3, 2009
U.S. Chamber of Commerce to Monitor GM and Chrysler Restructuring
Photo: Evolution of Motor Car: The original Benz patent motor car of 1888 in the Dr. Carl Benz Automotive Museum in Ladenburg, Germany. (Photo © Daimler AG)
Thomas J. Donohue, President and CEO of the U.S. Chamber of Commerce, has issued the following statement on the U.S. Federal Administration's plan to restructure General Motors and the impending ruling on Chrysler:
"The future success of General Motors and Chrysler ultimately depends on whether they can profitably design and build cars that Americans and other consumers actually want to buy.
Our biggest concern with the restructuring plan announced today is the potential for governments and unions to influence production, product, workforce, and management decisions in ways that could jeopardize the automakers' chances for survival, put politics and special interests above sound business strategy, and disrupt our nation's trading relationships across the world.
For example, the UAW has said that it pressured GM to change where the company plans to produce a new line of smaller cars. And as part of the GM restructuring, the administration has reportedly closed the U.S. market to Opel and blocked Opel's forays into China so it could not compete with GM -- clear examples of market manipulation and protectionism.
If members of Congress, along with government officials from the United States to Germany to Canada, are allowed undue influence over management's decisions, then you can write this down: These companies will not return to profitability and their survival will be seriously challenged. The global talent that exists in the automotive sector must be allowed to do its job and be paid on a competitive basis. Management must be permitted to make tough decisions in a competitive global market without political interference.
So going forward, the U.S. Chamber will carefully monitor the activities of the new GM and Chrysler boards, and we will expose and fight any counterproductive influence by government, unions, or politicians over decisions that should be left to management. And we will continually insist that government reduce and eliminate its ownership stake as soon as possible."
(The U.S. Chamber is the world's largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.)
Source: U.S. Chamber of Commerce
|GlobalGiants.com|
Edited & Posted by Editor | 2:39 PM | Link to this Post
May 20, 2009
RENAULT: OFFICIAL SPONSOR OF THE 62nd CANNES FILM FESTIVAL
Photo: Renault Vel Satis, official car of the Cannes Film Festival. (Credits: Stéphane Kossmann)
French automaker Renault has fostered the growth of the Cannes Film Festival for 26 years. This year too, since May 13, 2009, a fleet of about hundred vehicles, including 70 Vel Satis and 30 Espace, are driving the actors and Festival guests to and from the red-carpeted steps. In addition, about a dozen Kangoo be bop are supplementing the official fleet.
Photo: Kristin Scott Thomas, getting out of Ranault Vel Satis. (Credits: Stéphane Kossmann)
Photo: Hafsia Herzi, french actress who declared opened the 62nd Cannes Film Festival with Charles Aznavour. (Credits: Stéphane Kossmann)
The relationship between Renault and the movie industry is more than a century old. According to the company, Louis Renault's Voiturette appeared in early films in 1899, when the first film studios were built in Boulogne-Billancourt at the same time as the first Renault factory on the Ile Seguin.
Renault informs that it is continuing its commitment to film and television production today through an active policy of sponsorship and product placements. Several models from the Renault range are in the films in the Festival's official selection, such as Les Herbes Folles by Alain Resnais.
Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)
Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)
This year, Renault, and especially the latest model in the range, New Grand Scénic, is also teaming up with Disney Pixar and the 3D animated feature Up, screened at the Opening Ceremony. According to Renault, the arrival of members of the Disney teams in front of the red carpet on board the three New Grand Scénic models decked out in the colors of the film marks the beginning of an international collaboration in communications interfaces that spans more than 20 countries and that is boosting traffic in Renault showrooms.
The Atelier Renault situated at the Champs Elysées has also been set up in Cannes for the 62nd festival. Located on the beachfront of the Majestic, in the middle of the Cannes atmosphere, the Atelier is open to all visitors and is exhibiting photography featuring celebrities from around the world mounting the famous Steps.
Source: Renault
|GlobalGiants.com|
Edited & Posted by Editor | 6:03 AM | Link to this Post
May 15, 2009
GLOBAL CAR MARKET STUDY BY POLK: LIGHT VEHICLE SALES TO DECLINE 15% IN 2009
Global Light Vehicle Sales to Decline 15% in 2009, says Polk Study.
Study shows worldwide volumes won't return to pre-crisis levels until 2012.
R. L. Polk & Co.'s latest market study released today predicts that the automotive market won't emerge from the worldwide recession until 2012, later than previously forecast, due to worsening economic conditions. The study further predicts that Global light vehicle sales will decline 14.7 percent from 2008 levels to 55.2 million units in 2009.
Key Findings:
• Emerging Markets Have Greatest Growth Potential
• Asian Automakers Gain Market Share in U.S.
• Scrappage and Tax Incentives Provide Short-Term Help for Saturated Markets
• Toyota Maintains Position as the Top Manufacturer
Long-term growth for the global automotive market will come from the "emerging" markets of Latin America; Central and Eastern Europe; Africa and the fast-growing Asia-Pacific/Middle Eastern region (excluding the developed market of Japan). Beginning in 2015, Polk expects more light vehicles will be sold in the aggregated emerging markets than in the combined "saturated" markets of the United States, Canada, Western Europe and Japan.
"We see China and India as key drivers of growth, as vehicles become attainable for an increasing percentage of these countries' huge consumer populations," said Uwe Biastoch, director of global forecasting at Polk. "Like Tata Motors with the recent launch of the low-cost Nano in India, manufacturers that innovate and produce market-specific products will be successful in emerging markets," said Biastoch.
These emerging markets will come out of the current crisis three years earlier than the saturated regions. Light vehicle sales in the emerging markets will top 2007 levels in 2011; this won't happen until 2014 in the saturated regions.
The U.S. has been hard-hit by the economic crisis, and new vehicle sales have dropped from a high of almost 17.5 million in 2000 to 13.2 million in 2008, with a further decline to 10 million projected for 2009. Polk predicts that 2009 will mark the end of U.S. market share dominance for the domestic automakers: Asian manufacturers will capture 47 percent of U.S. market share, compared to 44 percent for American automakers and 9 percent for European brands.
Western Europe will fare better than the United States and Canada in the short term, in large part because of scrappage incentives introduced in countries including Germany and Italy. Light vehicle sales in Western Europe will fall 9 percent from 2008 to 2009, compared to 24 percent in the United States and Canada during the same timeframe.
"The U.S. market is currently in a state of flux, with the impact of Chrysler's Chapter 11 filing yet to be realized and GM's fate uncertain. It also remains to be seen whether the Obama administration will follow the lead of some European countries and reward consumers who turn in old vehicles and purchase cleaner cars, and what the impact of such a fleet modernization initiative might be," said Ulrich Winzen, chief analyst at Polk.
Worldwide, Toyota will maintain its position as the top manufacturer, with a fairly stable market share of 12 percent through 2020. Ford and General Motors have both seen their global market share drop by nearly five percentage points from 2000 to 2008, and Polk expects both to lose more market share through 2012. Volkswagen, on the other hand, will gain almost a point of market share in the next three years. "Volkswagen is making great inroads in China, which will certainly boost its success worldwide. At some point in 2009, we expect Volkswagen to surpass GM as the number two manufacturer in the world, although the race will be close," said Biastoch. "The trend could change temporarily to GM's benefit if the proposed U.S. scrappage incentive passes."
R. L. Polk & Co. is a provider of automotive information concerned with marketing.
Source: R. L. Polk & Co.
|GlobalGiants.com|
Click HERE for a PDF copy of the Polk's Market Study: "Forecasting Global Vehicle Demand".
Edited & Posted by Editor | 4:49 AM | Link to this Post
May 6, 2009
Ford to Build New Global Small Cars, Electric Vehicle at Michigan Plant
Ford invests $550 million to transform Michigan Assembly Plant from a large SUV factory into a modern, flexible small car plant.
Production for the North American market of the new global Ford Focus begins next year followed by production in 2011 of a battery-electric Focus, helping Ford meet its promise of delivering four new electric vehicles in the U.S. by 2012.
Photo: The Michigan Assembly Plant is becoming Ford's first site for building both the next-generation Focus and a BEV companion vehicle.
Photo: 2008 Ford Focus RS
Ford Motor Company said today it is investing $550 million to transform its Michigan Assembly Plant into a "lean, green and flexible manufacturing complex that will build Ford's next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market."
The plant, formerly the production site for Ford Expedition and Lincoln Navigators SUVs, is one of three North American light truck plants Ford is retooling to build fuel-efficient global small cars in the coming years. The new Focus will begin rolling off the line next year and the battery-electric version of the Focus - Ford's first all-electric passenger car - debuts in 2011.
As part of the retooling, Ford will consolidate its operations from Wayne Assembly Plant. When production launches in 2010, approximately 3,200 employees will be building the new Focus at Michigan Assembly Plant. At the plant, Ford and United Auto Workers are developing modern new operating practices to ensure "high quality and even greater efficiency."
Photo: 2008 Focus RS World Rally Car
Photo: 2008 Ford Focus Germany
"The transformation of Michigan Assembly Plant embodies the larger transformation under way at Ford," said Ford President and CEO Alan Mulally. "This is about investing in modern, efficient and flexible American manufacturing. It is about fuel economy and the electrification of vehicles. It is about leveraging our expertise and vehicle platforms around the world and partnering with the UAW to deliver best-in-class global small cars. It is about skilled and motivated teams working together in new ways to create the future of automobile manufacturing in the United States."
The reinvention of Michigan Assembly, once one of the world's most profitable auto plants during the SUV boom of the late 1990s, is rooted in the fundamental strategic shift by Ford to leverage its global assets to bring six world-class small cars to the American market by the end of 2012. To produce the vehicles, Ford is converting three truck and SUV plants to car plants - Michigan Assembly, Cuautitlan Assembly in Mexico, which begins building the new Fiesta subcompact early next year; and Louisville (Ky.) Assembly, which will be converted to produce small vehicles from Ford's global Focus platform beginning in 2011.
Photo: Ford Focus In Winter Europe
Photo: 2008 Ford Focus ST Germany
The new Focus is being developed in Europe. Over time, the new platform will be the basis for more than 2 million units annually around the world, including Focus and other derivatives, allowing Ford to leverage economies of scale to improve investment efficiency.
The zero-emission Focus battery-electric vehicle, which is being developed in partnership with Magna International, features a high-voltage electric motor powered by a high capacity Lithium Ion battery pack and charged by plugging in to a 110-volt or 220-volt outlet. The vehicle is one part of a larger strategy Ford announced in January to develop electric vehicles for North America quickly and affordably by leveraging its global platform capability.
According to Ford, the state of Michigan and local governments provided tax incentives and grants that enabled the investment in Michigan Assembly, which will be designated as the state's first automotive technology anchor site.
Source: Ford Motor Company
|GlobalGiants.com|
"The Small Car Mantra. Ford's Got It!"
© GlobalGiants.Com
Also check the following relevant posts:
• December 2, 2008: Ford Motor Company Will Re-Evaluate Its Strategic Options for Volvo Car Corporation
• October 14, 2008: FORD'S SMALL CAR -- ALL-NEW FORD KA
Edited & Posted by Editor | 2:15 PM | Link to this Post
May 1, 2009
General Motors Announces Full Cooperation with Obama Administration
GM says it is poised to become a Leaner, More Viable Company.
General Motors Corporation has issued the following statement:
"We are deeply appreciative for President Obama's strong commitment and support of the American auto industry and its employees. Like him, we firmly believe that the best days of America's auto manufacturers--including Chrysler--lay ahead. GM remains focused on accelerating the speed of its operational restructuring and reducing the liabilities and debt on its balance sheet. We look forward to working with the President's Auto Task force to do so and are committed to transparent reporting of our restructuring every step of the way."
Earlier, it issued a Press Release on its Updated Viability Plan and Restructuring of U.S. Operations. General Motors' updated Viability Plan will speed the reinvention of GM's U.S. operations into a leaner, more customer-focused, and more cost-competitive automaker, the Release said.
The Viability Plan is included in an exchange offer whereby GM is offering certain bondholders shares of GM common stock and accrued interest in exchange for certain outstanding notes.
The Revised Viability Plan gives importance to the following points:
• A focus on four core brands in the U.S. - Chevrolet, Cadillac, Buick and GMC - with fewer nameplates and a more competitive level of marketing support per brand.
• A more aggressive restructuring of GM's U.S. dealer organization to better focus dealer resources for improved sales and customer service.
• Improved U.S. capacity utilization through accelerated idling and closures of powertrain, stamping, and assembly plants.
• Lower structural costs.
"We are taking tough but necessary actions that are critical to GM's long-term viability," said Fritz Henderson, GM president and CEO. "Our responsibility is clear - to secure GM's future - and we intend to succeed. At the same time, we also understand the impact these actions will have on our employees, dealers, unions, suppliers, shareholders, bondholders, and communities, and we will do whatever we can to mitigate the effects on the extended GM team."
GM in the U.S. will focus its resources on four core brands, Chevrolet, Cadillac, Buick and GMC. The Pontiac brand will be phased out by the end of 2010. GM will offer a total of 34 nameplates in 2010, a reduction of 29 percent from 48 nameplates in 2008. This four-brand strategy will enable GM to better focus its new product development programs and provide more competitive levels of market support, the Press Release clarifies.
GM anticipates reducing its U.S. dealer count from 6,246 in 2008 to 3,605 by the end of 2010, a reduction of 42 percent. According to GM, this reduction in U.S. dealers will allow for a more competitive dealer network and higher sales effectiveness in all markets.
Photo: 2009 Chevrolet Malibu LT
Photo: 2010 Chevrolet Spark
Photo: Chevrolet Aveo5 LT Hatchback.
Photo: 2009 Chevrolet Silverado LT, Z71 Crew Cab
Photo: 2011 Chevrolet Volt Production Show Car
"We have strong new product coming for our four core brands: the Chevrolet Camaro, Equinox, Cruze and Volt; Buick LaCrosse; GMC Terrain; and Cadillac SRX and CTS Sport Wagon and Coupe," said Henderson. "A tighter focus by GM and its dealers will help give these products the capital investment, marketing and advertising support they need to be truly successful."
The Viability Plan also lowers GMNA's breakeven volume to a U.S. annual industry volume of 10 million total vehicles, based on the pricing and share assumptions in the plan. As a result of these and other actions, GMNA's structural costs are projected to decline 25 percent, from $30.8 billion in 2008 to $23.2 billion in 2010, a further decline of $1.8 billion by 2010 versus the February 17 Plan, the Press Release explains.
Another key element of GM's restructuring will be taking the necessary actions to strengthen its balance sheet. "A stronger balance sheet would free the company to invest in the products and technologies of the future," Henderson said. "It will also help provide stability and security to our customers, our dealers, our employees, and our suppliers."
"The Viability Plan reflects the direction of President Obama and the U.S. Treasury that GM should go further and faster on our restructuring," Henderson said. "We appreciate their support and direction. This stronger, leaner business model will enable GM to keep doing what it does best - provide great new cars, trucks and crossovers to our customers, and continue to develop new advanced propulsion technologies that are vital for our country's economy and environment."
Source: General Motors
|GlobalGiants.com|
Edited & Posted by Editor | 2:16 AM | Link to this Post
April 23, 2009
Volvo Ocean Race 2008-09 - Leg 6 - Rio de Janeiro to Boston
The Volvo Ocean Race 2008-09 is the 10th running of this ocean marathon. Starting from Alicante in Spain, on 4 October 2008, it is, for the first time, taking in Cochin, India, Singapore and Qingdao, China before finishing in St Petersburg, Russia for the first time in the history of the race. Spanning some 37,000 nautical miles, visiting 11 ports over nine months, the Volvo Ocean Race is a leading global ocean yacht race for professional racing crews.
Photo: Battling for position, at the start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds but a huge swell. (Dave Kneale/Volvo Ocean Race)
Photo: The start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds. (Rick Tomlinson/Volvo Ocean Race)
Photo: Ericsson 3, skippered by Magnus Olsson (SWE) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Rick Tomlinson/Volvo Ocean Race)
Photo: PUMA Ocean Racing, skippered by Ken Read (USA) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)
Photo: Telefonica Blue, skippered by Bouwe Bekking (NED) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)
|GlobalGiants.com|
Edited & Posted by Editor | 11:19 AM | Link to this Post
April 5, 2009
New York Auto Show Features Latest Concept Cars, Electric Vehicles, Hybrids, Showroom-Ready Cars, Trucks and More
Photo: BMW X6M at the 2009 New York International Auto Show.
Photo: GMC Terrain at the 2009 New York International Auto Show.
Photo: Acura ZDX at the 2009 New York International Auto Show.
Photo: Land Rover LRT at the 2009 New York International Auto Show.
Photo: Scion iQ at the 2009 New York International Auto Show.
Photo: Subaru Outback at the 2009 New York International Auto Show.
Photo: Volkswagen Golf named 2009 Car of the Year at the 2009 New York International Auto Show.
Photo: Mitsubishi i-MiEV at the 2009 New York International Auto Show.
Photo: Mazda CX-7 at the 2009 New York International Auto Show.
Photo: Hyundai Nuvis at the 2009 New York International Auto Show (NYIAS).
Photo: Kia Motors Debuts All-New Stylish Forte Koup at 2009 NYIAS.
At this year's New York Auto Show, new cars and trucks include state-of-the-art safety innovations, impressive fuel efficiency developments, radical drive train technology advancements and cutting-edge design. They include showroom ready vehicles and concept cars that designers have spent months, sometimes years, perfecting. So if you're looking for a small car that makes a big impression, something fun, fast and frugal, or you want to get plugged into a hybrid or electric vehicle, there is no better place to research your next new car or truck than the 2009 New York International Automobile Show. The Show opens to the public on Friday, April 10th through April 19th at the Jacob K. Javits Convention Center in Manhattan.
"Many of this year's models have combined futuristic design with technologically advanced drive-trains to produce vehicles that are totally unique in the way they look and drive," said show president, Mark Schienberg. "Others use today's most fuel efficient engines in vehicle designs that don't conform to any vehicle style known today, creating new segments that will be the vehicles of tomorrow," Schienberg added.
Here's a look at some of this year's new cars and trucks:
Electrics & Hybrids
• [Electric] MINI E: The all-electric MINI E's unique engine and transmission arrangement powers the MINI E seamlessly to 62 mph in 8.5 seconds. Based on the current MINI, the E is a two-seater as the space normally inhabited by rear passengers is reserved for a lithium-ion battery. The E's lithium-ion battery can be plugged into all standard power outlets and the E has a range of 156 miles under ideal driving conditions.
• [Hybrid] LEXUS HS 250h: The 2010 Lexus HS 250h is the world's first dedicated luxury hybrid vehicle and the most fuel-efficient vehicle in the Lexus lineup. It will also be the first Lexus to utilize carbon-neutral Ecological Plastic materials in a new futuristic cockpit and interior design. Equipped with Lexus' first four-cylinder gas engine, the 2.4-liter powerplant is part of the latest Lexus Hybrid Drive System, which generates 187 total system horsepower.
• [Electric] Fisker Karma: The Fisker Karma gets an average 100mpg, can go 0-60 in about 6 seconds and has a top speed of 125mph. Its Lithium-ion batteries will power the car for 50 miles after being fully charged from any 110 or 220v outlet. After 50 miles, a generator powered by a small gasoline engine provides the energy needed to turn the Karma's two electric motors.
• [Hybrid] Ford Fusion Hybrid: The 2010 Ford Fusion Hybrid includes new aerodynamic enhancements and underbody shields to help boost Fusion's fuel economy to a class-leading 41 mpg rating in the city and 36 mpg on the highway. The Fusion Hybrid also debuts Ford's SmartGauge with EcoGuide, a unique instrument cluster that helps coach drivers on how to optimize the fuel efficiency of their vehicles.
Photo: Honda Insight
• [Hybrid] Honda Insight: The all-new distinctively styled, five-passenger, five-door Honda Insight is powered by an Integrated Motor Assist(TM) (IMA(TM)) system comprised of a 1.3-liter i-VTEC(R) gasoline engine and a 10-kilowatt electric motor that together contribute to an city/highway fuel economy rating of 40/43 miles per gallon . The Insight features the Ecological Drive Assist System (Eco Assist(TM)), an innovation that can further enhance efficient vehicle operation while providing feedback related to individual driving styles. The all-new Insight has a suggested retail price (MSRP) of $19,800 for the LX model.
Photo: The Chevrolet Volt in the Battery Lab at the General Motors Tech Center in Warren, Michigan Wednesday, October 15, 2008. (Photo by John F. Martin for General Motors)
• [Electric] Chevrolet Volt: Chevy Volt is designed to move more than 75 percent of America's daily commuters without a single drop of gas. That means for someone who drives less than 40 miles a day, Chevy Volt will use zero gasoline and produce zero emissions. Unlike traditional electric cars, the Volt has an innovative propulsion system that takes you beyond the power of the battery. It will use a lithium-ion battery with a gasoline-powered, range-extending engine that drives a generator to provide electric power when you drive beyond the 40-mile battery range. Inside, the Volt offers the space, comfort, convenience and safety features that customers expect in a four-passenger sedan.
• [Hybrid] Toyota Prius: The new generation Prius is bigger, more powerful yet more economical than the model it replaces making it the most fuel efficient and aerodynamic car available in the US. With a combined 50 mpg, the Prius is available with high-tech features that include a solar-powered ventilation system, remote a/c, Lane Keep Assist, Intelligent Parking Assist, and three driving modes including electric-only.
Concept Cars
Photo: James Gasparotto of General Motors Design with the Cadillac Converj electric luxury coupe concept at the North American International Auto Show in Detroit, Michigan Tuesday, January 13, 2009. The four-passenger vehicle will provide up to 40 miles of gas-and-emissions-free electric driving with extended-range capability of hundreds of miles. (Photo by John F. Martin for General Motors)
• Cadillac Converj: The Cadillac Converj was designed to give a glimpse at the potential of electric propulsion in a luxury vehicle. The well-appointed grand touring coupe features GM's electric propulsion technology -- called Voltec -- that can get up to 40 miles of gas- and emissions-free electric driving with extended-range capability of hundreds of miles. When the battery's energy is low, the Converj seamlessly switches to extended-range mode. During this secondary level of operation, electricity needed to power the vehicle is created on-board by a flex-fuel-powered engine.
• Chrysler 200C EV: The all-new Chrysler 200C EV concept is capable of driving up to 40 miles on battery-only power, but a small gasoline engine and integrated electric generator that produces electricity extends its driving range to 400 miles. On the inside, the 200C EV's interior is free of switches and levers. All vehicle functions, settings and u-connect features are managed via a panoramic multimedia touch screen, a passenger-dedicated "techno-leaf" and a stowable tablet PC.
Photo: 2009 Suzuki SX4 Sport
• Suzuki SXForce: Reinforcing the link between the company's rich motorcycle heritage and versatile line of fun-to-drive automobiles, Suzuki introduces the SXForce, a sportbike-inspired concept car. The fully drivable, track-tested 250-horsepower, 2.0-liter, turbocharged SX4 Sport concept includes a fully tuned performance suspension system, F1-style outlet gills to help underhood air flow, tailored rear bodywork with carbon fiber diffuser, Carbontrix rear wing, Tein coilover suspension height and damper setup, and reinforced structure to further enhance rigidity for optimal handling.
• Lincoln C concept: Designed with today's upscale, urban consumer in mind, the Lincoln C concept brings the luxury of a large Lincoln to a smaller, more efficient C-sized car. The C is powered by a 1.6-liter EcoBoost engine and an all-new dry, dual-clutch PowerShift six-speed transmission which helps it achieve 43 mpg on the highway, while offering up an impressive 180 horsepower.
• Dodge Circuit EV: This brand new all-electric sports car concept from Dodge delivers high performance with zero gasoline consumption, zero tailpipe emissions and 150-200 mile driving range. Propelled by a completely electric drivetrain, the Dodge Circuit EV races from 0-60 mph in less than 5 seconds and has a top speed of more than 120 mph. The Circuit EV utilizes three powertrain components, including a 200 kW (268 horsepower) electric motor to drive the wheels, an advanced lithium-ion battery system to power the electric-drive motor, and a controller that manages energy flow.
Today's Newest Cars & Trucks
Photo: Jeff Nasca (l to r), Mike Pevovar, Richard Duff and Justin Thompson of General Motors Design with the 2010 Buick LaCrosse luxury sedan at the North American International Auto Show in Detroit, Michigan Tuesday, January 13, 2009. The Buick LaCrosse will feature all wheel drive, a suite of advanced intelligent personal technologies and safety features, and a choice of two fuel-saving V-6 engines. LaCrosse production will begin this summer at the Fairfax Assembly facility in Kansas City, Kansas.
• Buick LaCrosse: Redesigned from the ground up, the 2010 Buick LaCrosse features sculpted styling, premium interior materials with cool blue ambient lighting, and responsive performance. The LaCrosse also features all wheel drive and QuietTuning, and intelligent technologies that work to deliver a 360-degree field of vision behind the steering wheel including a head-up display in the windshield, and a Side Blind Zone alert system.
• Cadillac SRX: The new SRX is a mid-size luxury crossover featuring a completely new design and more-efficient, high-technology engine choices. It is powered by a new 3.0L direct injected V-6 engine or a 2.8L turbocharged V-6. Direct injection enables a 25-percent reduction in hydrocarbon emissions. Performance and safety are enhanced by an available all-wheel-drive (AWD) system.
• BMW 7 Series: The fifth generation BMW 7 Series is powered by a 4.4-liter, twin-turbocharged 400hp V-8 mated to a 6-speed automatic transmission. The new 7 has an array of innovative driver-assistance options such as Active Cruise Control with new stop-and-go capability; Lane Departure Warning, Active Blind Spot Detection, Head-up Display, High Beam Assistant and BMW Night Vision with new Pedestrian Detection.
Photo: The dramatically-designed 2010 Cadillac CTS Sport Wagon makes its European premiere at Paris, followed by production launch in spring of 2009.
• Cadillac CTS Wagon: The all-new CTS Sport Wagon is intended to connect with the changing priorities of luxury consumers by delivering significant increases in functionality. The CTS is about the same size as the CTS sport sedan, although it nearly doubles its carrying capacity, with a generous cargo area of 25 cubic feet behind the rear seats.
Photo: Nissan Cube
• Nissan Cube: The fashionable and functional new 1.8-liter Nissan cube provides the utility and dependability consumers expect in a small car including wide doors, large greenhouse with wraparound rear window, and a refrigerator-style rear door combined with a roomy five passenger interior.
Photo: 2010 Ford Taurus SHO at 2009 Chicago Show
• Ford Taurus: Ford's new flagship, the 2010 Taurus, will start at $25,995 and features an impressive suite of technologies never before offered in the non-premium large car segment including Cross Traffic Alert, Collision Warning, MyKey(TM) parental programmability, EasyFuel(TM) capless refueling, SecuriCode(TM) Keyless Entry, Ford SYNC(R) and Voice-Activated Navigation with SIRIUS(R) Travel Link(TM). Other features new to Taurus include Adaptive Cruise Control, Blind Spot Information System (BLIS(TM)), Rain-Sensing Wipers and Intelligent Access with Push Button Start.
• Lincoln MKT: The all-new Lincoln MKT is a three-row tourer that delivers an impressive blend of fuel economy, performance, technology and spaciousness. The MKT includes many new technologies including available Adaptive Cruise Control, Collision Warning with Brake Support, Active Park Assist, and Blind Spot monitoring.
• Nissan 370Z: The newly redesigned Nissan 370Z is more refined, more powerful, and even better handling. Powered by a 332-horsepower 3.7-liter DOHC V6 engine with Variable Valve Event and Lift Control (VVEL), the new Z also features a new 7-speed automatic transmission, and a world's first synchronized downshift rev matching system for the 6-speed manual transmission.
Photo: 2010 Chevrolet Camaro.
• Chevrolet Camaro: The 2010 Camaro is a heritage-inspired sports car for the 21st century, combining muscle car looks and performance with advanced technology and surprising efficiency -- including 26-mpg estimated highway fuel economy. The rear-wheel-drive Camaro comes with either a V6 or V8 direct injection engine with Active Fuel Management to enable a satisfying balance of exhilarating performance and good fuel economy.
• Infiniti G Convertible: The first-ever Infiniti G Convertible is powered by a 3.7-liter V6 325 horsepower engine and features a three-piece folding steel top and a special convertible-focused interior, which features a unique Bose(R) Open Air Sound System that dynamically changes equalization based on outside noise, vehicle speed, and top position.
• Volvo XC60: The new XC60 is a crossover vehicle is powered by a 3.0-liter turbocharged engine and features a unique system called City Safety which can help the driver avoid low speed collisions when driving in slow moving, stop and go traffic. The laser-based technology continually monitors the area in front of the vehicle and can brake automatically to help avoid or mitigate a collision.
Photo: Kia Soul at the 2009 New York International Auto Show (NYIAS).
• KIA Soul: The fun all-new five-passenger Kia Soul which starts at $13,995 (including delivery) is available in four trims: Soul, Soul+, Soul! and Soul sport and features big-car standard and optional equipment such as keyless entry remote, solar glass, and power sunroof. It is powered by either a four-cylinder 1.6-liter or a 2.0-liter engine producing 122 and 142 horsepower respectively.
• Audi Q5: The all-new Q5 SUV with its sporty proportions and muscular stance features a 3.2 V6 FSI direct injection engine, quattro(R) all wheel drive, and a six speed Tiptronic transmission, and achieves city fuel economy of 18 mpg with 23 mpg highway.
• Dodge Challenger R/T Classic: The Dodge Challenger R/T Classic delivers a menacing look with its dual throwback A-line body-side R/T stripes, 'Challenger' fender badging in classic script, large 20-inch polished-chrome heritage wheels, classic egg-crate grille with heritage 'R/T' badge, body-color rear spoiler and chromed fuel-filler door. Performance comes from a 5.7-liter HEMI(R) V-8 engine under a long, raised performance hood with functional hood scoops to increase engine cooling.
Photo: Mercedes-Benz E-Class: E 63 AMG with 386 kW/525 hp and AMG SPEEDSHIFT MCT 7-speed sports transmission
• Mercedes Benz E-Class and E-Coupe: With the new E-Class and E-Coupe, Mercedes-Benz combines safety, comfort and environmental compatibility with 20 new technical developments including innovations for safe driving such as Attention Assist and Automatic Emergency Braking, which is activated when there is acute danger of a collision. The new E-Class models are also the first automobiles in the world with headlamps that adapt to the traffic situation and respond automatically to avoid dazzling other drivers.
• Audi A5 convertible: The new A5 Cabriolet is a four-seat open top Audi that has a classic fabric top -- which endows it with a striking silhouette -- which opens in 15 seconds. An acoustic top, neck-level heating and leather seats coated with a special layer to reduce solar heating are just some of the features of the sporty, elegant new A5 model.
• Bentley Continental Supersports: The Continental Supersports is the fastest and most powerful Bentley ever. The extreme Bentley, a muscular two-seater that delivers supercar performance and a highly focused driving experience, is also the first Bentley capable of running on both gasoline and biofuel. With 621 bhp and new 'Quickshift' transmission that halves shift times, the Supersports sets new performance benchmarks for Bentley. It accelerates from 0-60 mph in 3.7 seconds onto a top speed of 204 mph.
• MAZDASPEED3: The MAZDASPEED3 sport compact pushes Mazda design further and its exciting driving performance perfectly represents Mazda's Zoom-Zoom spirit. Carrying forward the MZR 2.3 DISI Turbo engine, Mazda3 MPS builds on the popularity and recognition of the previous model. It evolves the driving experience to an entirely new level of quality and pleasure with its emotional design and exhilarating performance.
Photo: Porsche 911 GT3 at the 2009 New York International Auto Show (NYIAS).
• Porsche 911 GT3: The lightweight 435-horsepower next generation 911 GT3 features a larger 3.8-liter boxer six-cylinder engine with an enhanced VarioCam system, larger yet lighter brakes, and new one-piece centerlock wheels, all of which boost performance over the previous model. Technical developments like innovative dynamic engine mounts, updated aerodynamics that increase downforce by over 100% and a special version of the Porsche Stability Management (PSM) system all help make this latest iteration the most dynamic 911 GT3 to date.
• Ford Shelby GT500: The most-distinctive model of the new 2010 Mustang lineup, the 2010 Shelby GT500 is powered by a supercharged and intercooled 5.4-liter dual overhead cam V-8 engine that produces 540 horsepower and 510 foot-pounds of torque. The Mustangs aggressive new exterior design features new functional details, such as the hood extractor to remove heat from the engine and "Gurney Flap" spoiler to tune rear downforce.
• Jaguar XFR and XKR: Jaguar's new XFR and XKR models deliver a superb balance of high performance, dynamic ability and refinement. Both models are powered by an all-new supercharged 5.0-liter 510bhp V8 with acceleration from 0-60mph in just 4.7 seconds and 4.6 seconds respectively.
Photo: Volkswagen GTI at the 2009 New York International Auto Show (NYIAS).
• Volkswagen GTI: The new sixth-generation, performance-based Volkswagen GTI hatchback is powered by an advanced new TSI engine, available linked to either a 6-speed manual or DSG gearbox. With the new GTI, VW has increased the quality and comfort level to new heights. The GTI will be available in three- and five-door body styles. Visual details include a new front bumper, vertically stacked foglamps and an altered grille with classic GTI touches.
Source: New York International Auto Show
|GlobalGiants.com|
"At the 2009 New York International Automobile Show, the U.S. Domestic Automakers are not obliged to answer questions concerning their respective financial condition, management changes, brand elimination, or restructuring policy. Doing so would be detrimental to their standing."
© GlobalGiants.Com
Edited & Posted by Editor | 8:01 AM | Link to this Post
February 27, 2009
Consumer Reports: Who Makes the Best Cars?
Automaker Report Cards: Honda Leads Again, Mercedes-Benz Improves, Chrysler Lags.
For the third consecutive year, Honda has earned class leader status for building the best all-around vehicles for American drivers, according to the Automaker Report Cards published in Consumer Reports' Annual Auto Issue. At the opposite end of the annual ranking is Chrysler, which fared even worse than last year. The company's poor performing products and sinking reliability results have kept all Chrysler, Dodge, and Jeep badged vehicles off CR's Recommended list.
With an overall score of 78 out of 100 points, Honda was followed closely by Subaru (75), and Toyota (74) in the overall score. Subaru is also the only automaker with 100% of its tested vehicles Recommended, although it has a relatively small model lineup. Mazda (73), came in 4th, followed by Mercedes-Benz, Nissan, Volkswagen, and BMW, all tied at 72.
While the top four overall scores belong to Japanese automakers, a Japanese nameplate is no guarantee that every car in a model range will be a reliable and good performer. For example, the Honda Element and Toyota Yaris scored too low in Consumer Reports' tests to be recommended. Conversely, despite overall scores of 63 and 57 respectively, that placed Ford and GM toward the bottom of the results, new models like the Ford Flex, F-150, Chevrolet Malibu, and Cadillac CTS have done well in CR's tests and rank near the top of their classes in its ratings.
The overall score for each automaker is based on the average of its vehicles' overall scores in Consumer Reports' road tests and their average predicted-reliability ratings from Consumer Reports' Annual Auto Survey. Manufacturers received a report card only if five or more of its vehicles were tested.
Of the Asian automakers, Subaru, Nissan, Mazda, and Hyundai improved their overall scores. Nissan and Hyundai also improved their reliability rating. Of the four, Hyundai showed the most improvement, increasing its overall score from 66 to 70.
European automakers, traditionally great performers overall, have lagged in reliability but there have been notable improvements with several models from Audi, BMW, Saab, Volkswagen, Volvo, and Mercedes-Benz. Mercedes-Benz showed the most significant improvement, moving up in the overall ranking (72) to tie with BMW and Volkswagen.
"All three Detroit automakers continued to be at the back of the class, although General Motors and Ford improved their overall scores. Chrysler disappointed the most -- it had the lowest overall test score and none of its vehicles are Recommended," says Consumer Reports.
There was some positive news for the struggling U.S. domestic automakers. The latest models from General Motors now rank among the best in testing, and models like the Buick Enclave, Chevrolet Traverse, GMC Acadia, Saturn Outlook, Cadillac CTS, Chevrolet Corvette, and Chevrolet Malibu all scored well. Some Ford models now rival their competition from Honda and Toyota in reliability, perhaps a promising sign for new models now coming out of the product pipeline. For Chrysler, the sole glimmer of hope in the model-year is the new Dodge Ram, which is now very competitive with the other full size trucks.
"While Japanese automakers continue to set the standard for the industry in terms of real-world performance and reliability, many domestic, European, and Korean manufacturers are narrowing the gap by building better and more reliable cars," said David Champion, senior director of automotive testing, Consumer Reports. "While some automakers are still dragged down by old product investments, we expect the race for the front of the class to become even more competitive which may lead to some excellent values for consumers in the near future."
In the end, the companies that make the best vehicles are those that excel in performance, interior craftsmanship, safety, comfort, and reliability. The best continue to set a higher and higher standard, a competition in which consumers are the ultimate winners.
Consumer Reports is one of the trusted sources for information and advice on consumer products and services, and according to it, its findings may not be used for commercial or promotional purposes.
Source: Consumer Reports
|GlobalGiants.com|
"Can advertising foist an inferior product on the consumer? Bitter experience has taught me that it cannot. On those rare occasions when I have advertised products which consumer tests have found inferior to other products in the same field, the results have been disastrous."
-- David Ogilvy
Edited & Posted by Editor | 11:04 PM | Link to this Post
February 26, 2009
Even as Vehicle Sales Decline, Exceptional Service Satisfaction Enhances Dealer and Manufacturer Profitability Through Improved Customer Retention -- J.D. Power
Lexus Ranks Highest in Customer Satisfaction with Dealer Service.
In today's tough automotive market, providing consumers with superior service experiences translates into increased profitability for dealers and automakers, with the highest-performing brands retaining more than 80 percent of their customer maintenance and repair dollars within their dealer network, compared with retention rates of less than 60 percent for lower-performing brands, according to the J.D. Power and Associates 2009 Customer Service Index (CSI) Study released today.
The study, now in its 29th year, examines satisfaction among vehicle owners who visit a service department for maintenance or repair work. The CSI rankings are based on dealer performance during the first three years of ownership, which typically represent the majority of the vehicle warranty period. Five measures are examined to determine overall customer satisfaction with dealer service (listed in order of importance):
(1) Service Quality
(2) Service Initiation
(3) Service Advisor
(4) Service Facility
(5) Vehicle Pickup
The study finds that although satisfaction with dealer service tends to decline as vehicles age--particularly during the fourth and fifth years of ownership--those automakers whose dealers provide the highest levels of satisfaction during the warranty period retain a greater share of future service visits at the dealership, even after the warranty period expires. Brands with dealers that achieve particularly high CSI scores (800 or higher) during the first three years of vehicle ownership retained 79 percent of dollars spent on maintenance and repairs during the first five years of ownership. In contrast, brands that attained CSI scores below 800 retained only 69 percent of customer maintenance and repair dollars.
"Since dealer service is the last touch point in the vehicle ownership cycle that auto manufacturers have with customers, providing superior levels of service can leave owners with a lasting favorable impression of the brand," said Jon Osborn, research director at J.D. Power and Associates. "Providing excellent service is not only good for customers, but it also benefits dealers and automakers in terms of income from future service visits and sales. The significant decline in new-vehicle sales means that dealers are relying even more heavily on the service-operations side of their business for much-needed revenue. In many cases, this income is keeping the dealerships open. With the stakes so high, it is imperative for dealers to focus heavily on maximizing satisfaction levels."
Lexus ranks highest in customer satisfaction with dealer service in 2009--improving from fourth rank position in 2008. Lexus achieves an overall CSI score of 835 on a 1,000-point scale and performs particularly well in four of the five measures: service quality; service initiation; service advisor and service facility. Rounding out the top five nameplates are Jaguar (810), BMW (808), Cadillac (806) and Acura (805).
"The highest-performing brands differentiate themselves particularly in the service quality and service facility measures," said Osborn. "There are several practices that the highest-ranked brands consistently perform that help elevate customer service satisfaction levels, including providing prompt service appointments; greeting the customer immediately on arrival; knowing the vehicle's service history; returning vehicles to customers in a clean condition; and offering alternative transportation to customers leaving their cars for service. These courtesies may seem intuitive, but many dealers do not provide them consistently. We find that they are very effective in raising customer satisfaction, provided that the service work performed on the vehicle is also satisfactory."
The 2009 CSI Study is based on responses from 106,059 owners and lessees of 2004 to 2008 model-year vehicles. The study was fielded between October and December 2008. J.D. Power and Associates measures dealer service in various countries around the world, including Australia, Canada, China, France, Germany, India, Indonesia, Japan, Malaysia, Mexico, New Zealand, the Philippines, South Africa, Taiwan, Thailand and the UK.
Customer Satisfaction Index Ranking
(Based on a 1,000-point scale)
Lexus ---------- 835
Jaguar ---------- 810
BMW ---------- 808
Cadillac ---------- 806
Acura ---------- 805
HUMMER ---------- 804
Land Rover ---------- 803
Buick ---------- 802
Saturn ---------- 800
Lincoln ---------- 798
Porsche ---------- 792
Audi ---------- 789
Mercedes-Benz ---------- 789
Infiniti ---------- 786
SAAB ---------- 785
GMC ---------- 781
MINI ---------- 781
Pontiac ---------- 779
Chevrolet ---------- 777
Mercury ---------- 776
Mitsubishi ---------- 767
Volvo ---------- 767
Hyundai ---------- 763
Honda ---------- 762
Industry Average ---------- 761
Ford ---------- 757
Chrysler ---------- 746
Scion ---------- 739
Toyota ---------- 736
Dodge ---------- 734
Subaru ---------- 729
Jeep ---------- 727
Volkswagen ---------- 725
Kia ---------- 724
Nissan ---------- 723
Mazda ---------- 716
Suzuki ---------- 702
Source: J.D. Power and Associates
|GlobalGiants.com|
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."
-- Warren Buffett
Edited & Posted by Editor | 11:42 AM | Link to this Post
February 20, 2009
U.S. Automotive Dealerships Suffer Largest Decline on Record, Says Urban Science
A record number of automotive dealerships closed in the United States during 2008. This was revealed today by Urban Science.
(From its headquarters in Detroit, and from its offices in the United States, Spain, United Kingdom, Germany, Italy, France, Australia, China, Mexico and Japan, Urban Science serves global clientele by helping them identify where they should allocate resources to increase marketshare and profitability. Urban Science maintains a list of current new vehicle dealership and franchise information for all car and light truck brands in the United States. Compiled on a monthly basis, the census, according to it, is a reliable source of dealership statistics.)
The company's Franchise Activity Report, which, according to it, is the USA's most accurate data on dealers, showed the nationwide dealership count for the year fell by 881, or 4.2 percent, to 20,084. The decline was the largest since 1991 when data was first collected, with the bulk of closures occurring in the fourth quarter.
According to John Frith, vice president at Urban Science, the decline in automotive franchises was less than brick-and-mortar dealerships, implying consolidation. "There has been a loss of franchises across all the manufacturers, but the Detroit Three have been hit the hardest, accounting for 80 percent of the loss," Frith said. "We'll see even more contraction in the next several years as the Detroit Three strategically rethink their retail counts and locations."
Proactive consolidation, a process in which an automaker closes a dealership or consolidates it with other nearby franchises, can be complex and expensive. To close down a retailer, state franchise laws and individual sales-and-service agreements must be honored. Automakers must provide compensation for dealer investments, such as new-vehicle inventory, special tools and resalable parts.
"When closing a dealer, the main focus for the automaker is to minimize the negative impact on the dealer and ensure customers can still be conveniently serviced," Frith added.
According to Randy Berlin, global practice director for Urban Science, proactive consolidation is the preferred method, but the market itself will force some dealers to shut their doors.
"The credit crunch is a two-pronged attack on dealers -- they can't get credit lines to secure new-vehicle inventory, and customers can't get credit to buy those vehicles," said Berlin. "However, most dealers will be able to weather the storm by reducing variable expenses and focusing on service and parts."
Urban Science's Franchise Activity Report, a subset of Urban Science's monthly Automotive Dealer Census, analyzes dealership data on national, state and market levels.
Other findings include:
• Colorado, Alaska, Hawaii, North Dakota and Montana were the only states that did not suffer declines in their dealership count.
• Rhode Island, California and Massachusetts experienced the largest percentage declines.
• Denver; Colorado Springs, Colo.; Raleigh, N.C.; and Greensboro, N.C. either added dealerships or had no declines.
• Five of the top 10 cities with the highest percentage declines were in California.
"We will continue to see proactive dealer closures in metro markets," said Berlin. "Rural markets, however, will likely withstand consolidation efforts. When people talk about the number of Detroit Three dealerships versus import brands, the Detroit Three do have more. Actually, more than 90 percent of brands in non-metro areas are from the Detroit Three. Ford, Chrysler and GM serve the rural areas well, and don't have much competition from foreign automakers."
Source: Urban Science
|GlobalGiants.com|
"We are encouraged by Chrysler's restructuring plan. It's comprehensive and realistic and viable. What's most important, however, is that Chrysler recognizes that availability of credit for automotive consumers and dealers is the single most important element of Chrysler's viability."
-- National Automobile Dealers Association
"General Motors has submitted a strong plan. It's comprehensive and aggressive and achievable. We are, of course, exceedingly disappointed that a viable solution has not yet been found for Saturn, Saab and Hummer. When considering the future viability of these brands, GM should continue to aggressively pursue all options. We are pleased that GM recognizes the 'great dealer network' that supports these brands. Should it become necessary to phase out these brands, it is imperative that GM treat the affected dealers fairly and that they be properly compensated. It is equally important to take care of the Saturn, Saab and Hummer owners. On the positive front, we are encouraged that GM recognizes that the availability of credit for automotive consumers and dealers is central to GM's survival."
-- National Automobile Dealers Association
"Respect your Dealers. Work for your Dealers.
And the God of Marketing & Sales will Respect You and Work for You."
© GlobalGiants.Com
Edited & Posted by Editor | 12:21 PM | Link to this Post
February 14, 2009
Automaker Restructuring Plan Must Demonstrate Viability and Protect Taxpayer Investments -- U.S. House of Representatives Speaker
U.S. House of Representatives Speaker Nancy Pelosi and Financial Services Chairman Barney Frank have sent the following letters to Robert L. Nardelli, Chairman and CEO of Chrysler, and Rick Wagoner Jr., Chairman and CEO of General Motors, regarding their company restructuring plans, which are due next week.
Photo: Chrysler Town & Country EV
Photo: Chrysler 2009 Dodge Ram 1500
Photo: GM 2010 Chevrolet Camaro Build
Photo: GM 2010 Chevrolet Spark
In the letter, Pelosi and Frank write: "We trust that your restructuring plan will demonstrate to the world that you are willing to make the tough decisions that modernize your operations, restructure your debt, enhance your competitive status in the global marketplace, and protect American jobs for the future."
Below is the full text of the letter:
February 13, 2009
Mr. Robert L. Nardelli
Chairman and CEO
Chrysler LLC
1000 Chrysler Drive
Auburn Hills, MI 58326
Mr. G. R. Wagoner, Jr.
Chairman and CEO
General Motors Corporation
300 Renaissance Center
MC 482-C39-B50
Detroit, MI 48265-3000
Dear Mr. Nardelli and Mr. Wagoner:
As the February 17 deadline approaches for the automobile companies to submit restructuring plans to the federal government, we are writing to stress the importance of your submitting a credible restructuring plan that results in a viable industry, with quality jobs, and economic opportunity for the 21st century, while protecting taxpayer investments.
In October of last year, Congress approved the Bush Administration's request to provide $700 billion in taxpayer assistance to stabilize the financial system, following warnings by the Administration that inaction would lead to a financial catastrophe. The Bush Administration's lack of transparency in implementing this initiative, and its failure to address the foreclosure crisis head-on (the root cause of the financial crisis), resulted in significant public skepticism about large-scale government interventions to rescue private corporations.
Amidst this public skepticism, the House of Representatives in December passed legislation that authorized taxpayer assistance to the auto industry. This legislation, which the Senate failed to pass, served as the basis for the Bush Administration's December initiative to provide loans to the automobile industry from the TARP.
Mindful that 1 in 10 American jobs is related to auto manufacturing, our national security depends on the industry's technologies and manufacturing capacity, and our competitiveness in the global economy depends on its pursuit of excellence.
Though we recognize that our economy faces significant challenges, Congress and the American people believe that your restructuring plan must include the following:
A documented assessment of your company's ability to ensure long-term viability as you retool for the future, including a target market size;
A commitment that the sacrifices necessary to turn the industry around will be shared equitably by all stakeholders;
A commitment to protecting and sustaining the health and pension benefits that have defined "quality" American jobs and allowed millions to enter the middle class;
A demonstrated commitment to restructure your company's debt in a manner that protects the interests of the taxpayers;
An additional assurance that taxpayers benefit as corporate conditions improve and shareholder value increases; and,
A demonstration of your ability to achieve or exceed the fuel efficiency requirements set forth in the Energy Independence and Security Act of 2007, and the emissions standards adopted by California and other states, if they receive Federal approval, and become a long-term global leader in the production of fuel-efficient and advanced technology vehicles.
We trust that your restructuring plan will demonstrate to the world that you are willing to make the tough decisions that modernize your operations, restructure your debt, enhance your competitive status in the global marketplace, and protect American jobs for the future. Thank you for your consideration of this matter.
best regards,
NANCY PELOSI
Speaker of the House Chairman
BARNEY FRANK
Financial Services Committee
Source: Office of the Speaker of the U.S. House of Representatives
|GlobalGiants.Com|
Edited & Posted by Editor | 10:38 AM | Link to this Post
