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Auto News 03/2010

Toyota crisis spotlights auto electroni?cs (New Haven Register)
Associated Press DETROIT — Investigations into whatever is lurking behind Toyota’s crisis of quality have put a spotlight on all that can go wrong with auto electronics — the growing number of wires, sensors and computer chips that have profoundly changed the automobile in the last decade.

China’s Stocks Rise to Five-Week High; Copper Shares Advance (Bloomberg)
March 1 (Bloomberg) -- China’s stocks rose to a five-week high as copper producers surged on concern that supplies may be disrupted after an earthquake in Chile, the world’s largest producer of the metal.

Geneva auto show: Pininfarina avoids retro design with modern Alfa Romeo Duetto spider:
Pininfarina will unveil at the Geneva auto show a modern interpretation of the most famous car it produced for Alfa Romeo: the 1966 Duetto spider.

2011 Mercedes-Benz E-class Cabriolet, an AW Flash Drive:
What is it?

2011 Jaguar XJ, an AW Flash Drive:
What is it?

• A look back at the Kannapolis auto industry (The Salisbury Post)
From the very early years of Kannapolis, auto dealerships, garages and body shops could be found. In the very beginning J. W. Cannon rode from Concord to Kannapolis in a surrey. His horse was housed in a livery stable located opposite the current Cor ...

Toyota's Japan sales up 48%: industry (Brisbane Times)
Toyota's sales in Japan rose 48 per cent year-on-year in February despite its massive global safety recalls, an industry group said.

Toyota's Japan monthly sales up 48 percent — industry group (Philippine Daily Inquirer)
TOKYO - Toyota's sales in Japan rose 48 percent year-on-year in February, an industry group said Monday, as the carmaker displayed resilience at home despite its massive global safety recalls.

Toyota's crisis puts spotlight on auto electronics (The Shreveport Times)
Though no smoking circuit has been found so far, a picture is emerging that shows the automobile industry's technology is racing ahead of quality-control testing and regulators. It's troubling not only for Toyota owners but for drivers of any modern car that's basically a computer on wheels.

Will Geneva glitz shed light on auto industry gloom? (Independent Online)
Automakers will emerge from the gloom of 2009 by presenting about 100 new models at the Geneva auto show this week while hoping to counter uncertainty by wooing car buyers with dreams, "downsizing" and discounts.

Chrysler races to upgrade its lineup:
In a bid to improve its lineup before a fleet of new Fiat-based vehicles arrives in 2012, Chrysler Group is rushing new features and equipment into 15 reworked vehicles.

Geely grabs Zhongyu for further expansion (People's Daily)
Following on the heels of its widely publicized bid for Volvo and government plans to encourage consolidation in China's auto industry, Zhejiang Geely Holding Group is again in the spotlight as it takes over a domestic special vehicle manufacturer. The parent company of Hong Kong-listed Geely Automobile held a signing ceremony with Zhejiang Zhongyu Holding Group on Feb 26 to mark acquisition of ...

Japan's new car sales up despite Toyota recalls (AP via Yahoo! Finance)
Toyota Motor Corp. saw its new car sales grow last month despite its massive global recalls, helping to buoy Japan's overall new vehicle sales from a year earlier, according to industry figures released Monday.

Geneva auto show: AMG unveils new twin-turbo V8 engine:
Mercedes-Benz's AMG division has taken the wraps off a new four-valves-per-cylinder, twin-turbocharged, 5.

Geneva auto show: Hot Focus in Ford's future, wagon ready for Europe:
Fans of high-performance small cars got some good news from Ford on Monday.

2011 Infiniti M: An AW Flash Drive:
What is it?

Geneva auto show: Porsche rolls out 500-hp-plus 918 Spyder Hybrid concept:
Porsche on Monday sent out a shock wave from Geneva, where it rolled out a 918 Spyder concept that mates a 500-hp V8 with a trio of electric motors that crank out 214 hp. That might qualify as a hyper-hybrid.

Gold Digger gets the Ridler and the Alfa Duetto is revived, in News Brake for Monday, March 1:
In today's News Brake: The Gold Digger is a Ridler winner; a fast Focus is on the way; and Pininfarina wants to revive the Alfa Duetto ... But Wait, There's More!

Autorama Ridler award goes to a woman for the first time:
For the first time in the history of the Ridler award, the trophy has been won by a woman. The 1933 Ford Phaeton, named Gold Digger, owned by Tammy Ray of Dahlonega, Ga., was judged the best of the Great Eight at the Detroit Autorama on Feb. 28.

Geneva auto show: Lamborghini reveals Gallardo LP 570-4 Superleggera:
Lamborghini debuted its newest ultra-lightweight speed demon Monday in Geneva, revealing the Gallardo LP 570-4 Superleggera at a preview event on the eve of the auto show.

Racing legend Mickey Thompson celebrated at NHRA Museum (Inland Valley Daily Bulletin)
The racing highlights of the late Marion Lee "Mickey" Thompson Jr., a jack-of-all-trades figure in the racing industry, is on display at the NHRA Museum on the grounds of Fairplex.

India: Car prices go up on back of excise hike (The Auto Channel)
Vehicles prices are set to rise across the automobile industry from Saturday onwards, with the Government announcing a two per cent hike in excise duties across all segments in Budget 2010-11.

CNBC's Fast Money traders talked about interesting trades in the automobile industry. (The Auto Channel)
CNBC's Fast Money traders talked about interesting trades in the automobile industry. Tim Seymour said that Tata Motors Limited (ADR) should be watched closely. Tata Motors (TTM) is a great long term play in Tim Seymour's opinion.

March 1, 2010 MANHEIM HONORED WITH AWARDS RECOGNIZING INDUSTRY EXCELLENCE ATLANTA - From Seattle to Central Florida, Manheim locations and team members across North America were recently honored with awards from customers and partners, recognizing outstanding operating location performance, customer service, online results and reconditioning.

ATX Joins Pilot Project to Promote Cross-Border eCall Solutions (The Auto Channel)
HANNOVER, Germany, March 1 -- ATX, one of the leading providers of in-vehicle, location-based services to the global automobile industry, announced in advance of its participation at CeBIT 2010 this week, its participation in a DEUFRAKO pilot project designed to test different eCall deployment solutions for locating vehicles involved in cross-border emergency situations between France and Germany.

Car industry to pick up speed (News 24 South Africa)
SA car sales and vehicle exports will pick up this year, an industry organisation forecasts.

Walsh: Traveling short distances smartly (Yale Daily News)
A flying car with leather seats under a domed windshield cruising high above the urban spires is a quintessential vision of the future. It is not a noiseless vision, but one accompanied by a high, soothing, almost extraterrestrial whir. And while this reality remains distant in time, the automobile industry is undergoing an intermediate step: the plug-in electric vehicle.

Geneva auto show: 2011 Kia Sportage revealed with sportier design:
With an athletic design molded on three continents, the third generation of the Kia Sportage SUV was revealed on Tuesday at the Geneva auto show.

SA vehicle sales jump in February (Mail and Guardian)
South Africa's total industry new vehicle sales increased by 20,5% year-on-year to 39 312 units in February, the National Association of Automobile Manufacturers (Naamsa) said on Tuesday.

Geneva auto show: Hyundai i-flow goes green:
Combining Hyundai's latest eco-friendly technologies sheathed in its emerging design language, the i-flow concept is being revealed this week at the Geneva auto show.

GM recalls small cars to fix steering problem:
A problem with the power-steering system is prompting General Motors to recall 1.3 million small cars.

Geneva auto show: Ford plans performance version of the Focus:
Ford Motor Co. said it will produce a global performance car based on the re-engineered, restyled Focus.

Geneva auto show: Infiniti reveals M35 hybrid:
Pitching it as a "driver's hybrid," Infiniti revealed its first-ever production hybrid, based on the M35 sedan, on Tuesday at the Geneva auto show.

Geneva auto show: Lexus CT 200h will come to the United States:
The Lexus CT 200h is coming to America next year.

GM moves Nesbitt back to design group in management shake-up:
General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline.

Deduction on in-house R&D should continue (The Auto Channel)
The automobile industry is concerned about the fact that the Union Budget has announced a change in excise duty, increasing it by two percentage points and the price of petrol and diesel has also gone up by around Rs 2.5 per litre for the consumer.

GM's US auto sales rise 11.5 percent in February (San Francisco Chronicle)
General Motors Co.'s February sales rose 11.5 percent thanks to new models and pent-up demand from fleet buyers, but it was unclear how much the Detroit automaker benefited from Toyota's safety woes. GM on Tuesday said sales of its Buick, Chevrolet, Cadillac... General Motors - Automotive industry - Automobile - Autos - Recreation

Highlights of the Geneva auto show, in News Brake for Tuesday, March 2:
In today's News Brake: Highlights of the Geneva auto show, including new hybrids not from the usual suspects . . . But Wait, There's More!

OUTLOOK: Tata Motors to expand in chosen global markets Internationalisation of management to help in better product planning: Ravi Kant. After roping in automobile industry veterans in senior management positions, both in India and abroad, Tata Motors will look at expanding its ...

EVENTS: Nissan to build Rs 2.5-lakh car with Ashok Leyland Plans to tap global markets, particularly China. Nissan is in talks with Ashok Leyland to develop a global small car costing under $5,000 (Rs ...

Summary Box: US Auto Sales Better-Than-Expected (ABC News)
Summary Box: February US auto sales rise 13 percent despite snow, Toyota; Ford bests GM Toyota - Ford Motor Company - GeneralMotors - Automobile - Automotive industry

Geneva auto show: Opel Flextreme GT/E shows panache, future design direction:
Opel revealed a handsome take based on the Chevrolet Volt's green technology this week at the Geneva auto show with the Flextreme GT/E concept.

Ford tops GM in February sales, steers U.S. industry to 13 percent gain:
Ford Motor Co. led the U.S. industry to a 13 percent sales gain in February while topping General Motors in monthly sales for the first time in 12 years.

Geneva auto show: Alfa Romeo Giulietta continues the Italian dream:
Casting a red glow in the middle of the Geneva auto show, the Alfa Romeo Giulietta marked 100 years of the iconic Italian brand in fitting fashion.

2010 GMC Terrain SLE-2, an AW Drivers Log:
EDITOR WES RAYNAL: I like the way this new small crossover drives in both Chevrolet and GMC forms, since they're basically identical. I also like the looks of the GMC Terrain, which I know some people don't.

China Auto Logistics Signs $1 Million Agreement to Manage Tianjin FTZ International Automobile Exhibition & Sales Center (Marketwire via Yahoo! Finance)
TIANJIN, CHINA--(Marketwire - 03/03/10) - China Auto Logistics Inc. ("the Company") (NASDAQ: CALI - News ), one of China's leading developers of websites for buyers and sellers of imported and domestic automobiles, a top seller in China of imported luxury cars, and a leading provider of auto-related services, announced today that it has signed a $1 million management agreement with the owners of ...

China Auto Logistics Signs $1 Million Agreement to Manage Tianjin FTZ International Automobile Exhibition & Sales Center (Marketwire)
Tianjin's Only Imported Auto Mall Anticipates Boost From the Company's Internet Strength and Nationwide Dealership Network

GM's Lutz to retire May 1:
General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday.

Catch High Gear Media on BBC 5 Live Today! (The Car Connection)
The death of HUMMER and the rise of hybrids, electric vehicles and everything in between--what's the future of the automobile and the car industry? If you're near a computer or satellite radio today, you'll find out more during Richard Bacon's BBC 5 Live today. Along with other guests, I'll be talking cars--specifically, the apparent wind-down of... Complimentary Analyst Research on Automobile Manufacturers such as Ford Motor Co. (NYSE: F), Honda ... (Marketwire via Yahoo! Finance)
TORONTO--(Marketwire - 03/03/10) - The Bedford Report is pleased to announce that its latest Market Update analyzing the Automobile Manufacturers Industry has been released. Yesterday, auto manufacturers from across the globe reported sales for the month of February. The February sales results show that even as the industry is slowly recovering from the crisis that sent two of the largest ...

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