Showing posts with label Reports. Show all posts
Showing posts with label Reports. Show all posts

Friday, 15 July 2011

European Car Registrations Drop 8.1% in June amidst Economic Crisis


The latest figures form ACEA, the Brussels-based European carmakers’ lobby, show that the economic recession in Europe has taken its toll on automobile sales.

In June, new passenger car registrations dropped by a significant 8.1% across the EU, amounting to 1,233,298 units. According ACEA, contractions ranged from -0.3% in Germany to -1.7% in Italy, -6.2% in the UK, -12.6% in France, -31.4% in Spain and -34.1% in debt-ridden Greece and Portugal.

Read more »

Chrysler Announces Prices on New 2012 SRT8 Models Including the 300, Charger, Grand Cherokee and Challenger


The Chrysler Group’s newly formed Street and Racing Technology (SRT) brand has released pricing on its latest crop of models, which include the 2012 Chrysler 300 SRT8, the 2012 Dodge Charger SRT8, the 2012 Dodge Challenger SRT8 392 and the 2012 Jeep Grand Cherokee SRT8.

Prices together with an $825 destination fee start at $47,995 for the Chrysler 300 SRT8, $46,660 for the Dodge Charger SRT8, $44,077 for the Challenger SRT8 and $55,295 for the Jeep Grand Cherokee SRT8.

All four SRT8 models are powered by the Chrysler Group’s new 6.4-liter HEMI V8 with Fuel Saver Technology that cranks out 470 horsepower (351kW) and 470 lb-ft (637Nm) of peak torque (465 lb.-ft. / 630 Nm in the Grand Cherokee SRT8).

Read more »

Thursday, 14 July 2011

Chrysler Recalls 243,000 Ram Pickup Trucks over Steering Flaw


Chrysler’s Ram brand has notified the National Highway Traffic Safety Association that it is recalling 242,780 pickup trucks over a steering failure that could lead to “a loss of directional stability”.

The safety agency reported that the left tie rod ball may fracture during low speed parking maneuvers when the driver is making a sudden turn. This could lead to the loss of directional stability in the left front wheel.

Read more »

Ferrari Says No to Plans for Limited Production New Stratos


“Despite Ferrari president Luca di Montezemolo’s excellent assessment of the New Stratos after his test drive at Fiorano, Ferrari does not consent to construction of the planned limited run by either Pininfarina or any other Ferrari-dependent suppliers.”

And with the above short statement, Ferrari announced to Michael Stoschek, the man behind the 21st century interpretation of the famous Lancia Stratos of the ‘70s, that it won’t let him use its chassis, engines nor allow any of its suppliers to participate in the build.

Read more »

New Gen Y Buyer Survey Spells Trouble for Detroit


Auto pricing website TrueCar studied the car buying behaviour of four million Gen Y (18 to 27 year-old) over a twenty-four month period and here’s what they found.

Scion took the crown for top brand, with 37.4% of the market and for top model (the tC coupe), with 21.2%, while second place went to Mitsubishi (32.1%) and their Lancer sedan (20.3%).

Mazda was the third most visited brand for Gen Y buyers, though only 17th in terms of model. The top four vehicle choices were Japanese, with a German in seventh place and a South Korean in ninth.

Read more »

Smart Announces First All-Electric Carsharing Fleet in the US


Daimler’s Car2go subsidiary has announced the introduction of the first all-electric carsharing fleet in North America. According to company, the plan calls for 300 zero-emission Smart ForTwo electric cars to arrive in the city of San Diego by the end of the year. Read more »

Fiat and Chrysler to get a Single Management Team


Fiat SpA and Chrysler Group LLC will soon have a single management structure according to the CEO of both companies, Sergio Marchionne. The Bloomberg financial news agency reports that Marchionne told to journalists in Zurich that he intends to implement his unified management team “pretty quickly”, though he declined to specify a date. Read more »

Jeep Prices New JK-8 Kit to Transform Wrangler Unlimited to a Pickup Truck at $5,499


Those of you that fancy turning your four-door Jeep Wrangler Unlimited into a two-door pickup truck will be happy to know that the firm’s much-talked about JK-8 Kit is available for order now through Mopar at Chrysler, Jeep, Dodge and Ram dealerships, with pricing set at $5,499.

However, Jeep does note that the JK-8 kit, which comes with a three-year/36,000-mile warranty, is for “skilled do-it-yourselfers”. For the less handy amongst us, the company said that the kit may be purchased and installed at a Chrysler, Jeep, Dodge or Ram dealership.

Read more »

Porsche Sales Increase Substantially, Cayenne Leads the Pack


Porsche deliveries have increased substantially last month, with the German luxury carmaker selling 10,667 vehicles, up 29.5% compared to June 2010. Porsche's first half of the year sales also increased by 36.8% compared to the same period in 2010, with a total of 60,659 units sold from January throughout June. Read more »

Now that’s Posh: Evoque “Victoria Beckham Special Edition” Delayed by Daughter’s Birth


Apparently, Land Rover views the Range Rover Evoque not only as its smallest, more frugal and most affordable model that will bring new customers to the brand, but also as a lifestyle statement.

That’s why, according to company insiders, Land Rover is ready for the launch of a “Victoria Beckham Special Edition” named after the former pop star and the company’s new creative design director.

Read more »

Renault UK Launches Gordini Versions of Wind Roadster, Slashes Prices of Base Models


The UK market is welcoming the launch of the third Gordini-badged model after the respective versions of the Twingo RS and Clio RS, this time in Wind roadster guise, with buyers having a choice of two engines, the 1.2-liter TCE 100HP and the 1.6-liter 133HP.

In addition to the Wind Gordini models, the French firm also slashed the list price of the Dynamique and GT Line trim levels by up to £2,215, with prices now starting at £12,995, instead of £15,205.

Read more »

Wednesday, 13 July 2011

New Study Finds that Chinese Buyers Prefer European over Local Brands


Car buyers’ preferences in China are shifting towards European models and away from domestic and even Japanese vehicles, according to a new study published today by JD Power Asia Pacific. This is the third year that the study takes place.

The latest edition included 65 brands and 161 separate models in nine segments and is based on responses from 4,979 potential buyers of new-vehicles located in 53 cities.

Read more »

Buying a New Car? Why Not Bundle A European Holiday


Did you know that there are holiday packages that bundle airfares, accommodation and cosmetic surgery? It’s a sort of incentive program for women (and some men) to have their surgery done overseas and is especially popular in Britain and Australia. Well, as some of you may already know, there are similar programs for people who want to buy a new car.

These so-called, “European Delivery Programs” are offered by companies as diverse as Audi, BMW, Mercedes-Benz, Porsche and Volvo. Effectively you’re bundling a discount European vacation with your new car purchase.

Read more »

Skoda Posts Record Worldwide Sales in First Half of 2011


Skoda revealed today that it delivered 454,700 vehicles in the first half of 2011, which represents an increase of 20.1% compared to the same period in 2010. The Volkswagen Group brand also achieved its best ever June sales, with 81,300 deliveries, compared to 71,300 units in 2010, scoring a new sales record for the fourth month in a row. Read more »

Black Card Holders Just as Likely to own a Hyundai as a Bentley or an Audi


If you are one of American Express’ very special customers, and have US$16.3 million in assets and an annual household income of around US$1.3 million, you may be granted the privilege of one of their black Centurion Cards.

Simon Cowell has one, as does Kanye West, Denzel Washington and Lindsay Lohan. Interestingly, and of more concern to readers of this blog, you might also be the proud owner of a Hyundai.

During the course of a presentation at the South Korean automaker’s Ann Arbor engineering and research centre, Hyundai’s U.S. Chief John Krafcik revealed that some 6% of “Black Card” holders own a Hyundai – a percentage shared with those who own Bentleys and Audis.

Read more »

How do you say Ferris Bueller in German? 14-Year old Borrows Dad’s Brand New Ferrari for a Joyride


A German couple living in Berlin was returning from a trip to Spain on Tuesday, when the Polizei stopped them on a motorway and detained them for questioning. The reason? The parent’s 14 year-old son had taken their new €200,000 (US$280,000) Ferrari (the police didn't reveal the model, just the make) for a spin, initiating a police operation for his capture that lasted many hours!

"The 14-year-old was unable to resist the temptation," the police told the AFP. "When an acquaintance of the family noticed the car and the boy were missing, he suspected theft or even an abduction."

Read more »

Rumors: Porsche Mulling Modern-Day 928 GT Replacement


It’s been a while since Porsche had a front-engined GT in its range. Most car enthusiasts will remember the 928 that was launched in 1979 with the aim to replace the 911 by offering improved drivability and increased passenger and luggage space.

Even though it was named “Car of the Year” in 1978, and was continuously evolved until production ended in 1995, it failed in its original mission since the 911, despite its shortcomings, far outlived it.

Read more »

New Study Suggests One in Eight UK Drivers Falling Asleep on the Wheel


Surely, it has happened to you. You embark on a journey driving your car and, when you feel tired or ready to fall asleep, you keep on driving because you just have to get there on time. At best, you drink a cup of coffee hoping it will wake you up. What you don’t realize is that you are setting up the scene for a, possibly fatal, accident.

A new UK study by Brake and Cambridge Weight Plan that was presented today at a Parliamentary reception attended by MPs and road safety professionals revealed than in the past year, one in eight drivers has “head-nodded” at the wheel, or in other words, fallen asleep between 2 and 30 seconds, often without even realizing it.

Read more »

Mercedes Keeps 2012 M-Class SUV Prices Unchanged from 2011MY


Good news for those looking to shop Mercedes-Benz’s next-generation M-Class SUV as the German firm has kept pricing for the two available models at launch unchanged over the respective versions of the outgoing ML, despite the new design, improved engines and upgraded standard equipment.

Read more »

Tuesday, 12 July 2011

BMW Readying FWD 1-Series GT for 2014 Launch


*2012 BMW 1-Series Hatchback Pictured above
It’s no secret that BMW is getting ready to adopt a front-wheel drive layout for its smaller models including certain versions of the next generation of the 1-Series. BMW’s decision has already sparked a lot of discussions whether its front-wheel drive products will remain true to the brand’s “ultimate driving machine” motto or an insult to the company’s heritage.

Now it seems that the day we will see the first front-wheel drive BMW is closer than we thought. According to Autocar magazine, the 1-Series GT, which is said to be a more practical version featuring a high-rising tail like the 5-Series GT, will be the first BMW to adopt front-wheel drive. Its launch is scheduled for 2014.

Read more »