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The world's largest carmaker may subsequently see its operating profit drop by at least 100 billion yen ($1.2 billion) in the 2010 fiscal year (ending March 31 2011) and up to 200 billion yen in the 2011 fiscal year. Auto analyst Koji Endo says any impact on production destined for export will affect earnings even more. “Hardly any cars will be built in April and a very low level of production will continue from May,” Endo was quoted as saying by Bloomberg.
Read more »Americans love their cars. Whether it’s a humble family wagon, a muscle car, a luxury sedan or even a minivan: there’s nothing Americans like better than the automobile. What’s that, you say? What about women car owners?
Unsurprisingly for a species with just two genders, half the world’s population is female. And as everyone these days has to own at least one car, automakers obviously spend a lot of money catering specifically to that section of the market.
In a new study by automotive industry analyst R. L. Polk, it was found that some 38.5% of the last four year’s light vehicle registrations were made by – you guessed it – women. In “not-white” households, it’s more like 40 to 45%. It might not seem like much,
So what are the nation’s womenfolk buying? Would you be surprised to learn that nearly half of all MINI sales (47.9%) went to the fairer sex? Okay, so that’s not too surprising, but how are top five market leaders doing? Well, scroll down to see for yourself:
Read more »What is the best way to promote a commercial van? Well, you can follow the classic way by showing off its qualities and advantages over the competition, but that lacks originality. On the other hand, a van that writes its own letters of application and sends them to 121 potential employers (i.e. big buyers of commercial vehicles) sounds a lot more creative.
And that’s exactly what a German marketing campaign for the Mercedes-Benz Sprinter is all about. Check it out in the video below, but don't try to do that to your Sprinter, it might lose its grip -literally...
Read more »Given that the styling changes over the Chevrolet Volt would be limited to a Buick-specific grille and bumper designs, one of the most significant problems GM faces is how to justify the car and its higher price tag which would be in excess of the Volt’s base MSRP of US$41,000 not including a $7,500 federal tax credit.
The roadster uses styling cues from Chevy's 1963 Monza SS and the 1962 Corvair Super Spyder, but also from aircrafts, with its aerodynamic fuselage being reminiscent of modern jet fighters. Elements like the scissor-doors, the pronounced wheel-arches and the sharp front bumper add further drama to the Mi-ray's appearance.
The car's bodywork is made of lightweight materials such as carbon fiber and carbon fiber reinforced plastics, while the turbine-shaped wheels (20-inch front/21-inch rear) are made of aluminum-carbon fiber composite.
Read more »The newly developed bodykit is made from PUR-R-RIM plastic and consists of six parts. These include new front apron that replaces the series-produced central and side panels and has a stainless steel stay located in front of the cooling air outlet, side skirts that are mounted on top of the original parts and a new rear apron that accommodates the four-pipe sports exhaust system with oval chrome end tips.
Read more »Making its world premiere today at the at the Seoul Motor Show, is Kia’s Naimo electric crossover utility vehicle (CUV), a B-segment sized concept car that will serve as a test-bed for the company's EV technology. Penned by Kia's international design team in Seoul, the car takes its name from the Korean word “Ne-mo”, which is pronounced ‘Neh-mo’ and means ‘square shape.
Read more »There’s so much you can do to improve a supercar like the Ferrari 599 GTB Fiorano, but tuning specialist Anderson Germany believes it has some goods to offer with its new program for the Italian model.
Read more »The 2011 Seoul Motor Show that runs in South Korea from March 31 to April 10 plays host to the world premiere of the all-new Hyundai Blue2 concept study. The name ‘Blue2’, which is read ‘Blue square’, is a combination of Hyundai’s sub eco-brand ‘Blue Drive’ and the number `2’ from H2, the symbol for hydrogen gas.
Codenamed HND-6, the prototype is Hyundai’s first sedan-style Fuel Cell Electric Vehicle (FCEV). The four-door saloon is powered by a fuel cell electric system that delivers a stack power of 90kW or 121HP and fuel economy of 34.9km/â„“ (of hydrogen, of course), which is equal to 82mpg US and 2.9lt/100km. The concept is also equipped with low-resistance tires and alloy wheels which are designed to improve aerodynamic performance.
A new Buick concept model called the Envision will make its global debut at the Shanghai Auto Show on April 18. Jointly developed by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), the Envision is a crossover model designed for the Chinese market, although the company points out the vehicle incorporates Buick's "dynamic, fluid, quiet and comfortable" styling language.
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