The all-new 2013 Chevrolet Malibu, Chevrolet’s and General Motors’ best-selling car in the U.S. in 2010, will be revealed on Monday night at 8:30 p.m. EDT in high-definition video streamed live over the Internet at www.watchthenewchevymalibuinhd.com. The new Malibu will be sold in nearly 100 countries on six continents. This photo was on the GM website today.
Edsel B. Ford II spoke to a packed gathering of automotive media in Los Angeles yesterday and gave a chronology of Ford's racing heritage dating back to his great-grandfather, Ford Motor Company founder Henry Ford's winning debut race on Oct. 10, 1901. The prize was a cut-glass punch bowl which has been missing for more than 50 years so the search is on to get it back. It was that racing win 110 years ago that led investors to line up and contribute to the formation of Ford Motor Co. 20 months later in June, 1903. Ford also spoke about his Racing in America exhibit aiming to educate today's youth on automotive technology developed through racing.
In attendence yesterday were racing legend Parnelli Jones (right) who won six Indy races including the 1963 Indianapolis 500 and 88 year old Caroll Shelby (middle), a retired designer and racing driver most well known for his Mustangs and Mustang Cobras.
Parnelli Jones by the famous Boss 302 Mustang that he raced in the early 1970's.
The Lexus LF-Gh hybrid concept will make its world debut at the 2011 New York International Auto Show. The LF-Gh, which stands for Lexus Future Grand Touring Hybrid, conveys original thoughts and ideas that may migrate to future Lexus vehicles on a global scale.
Lexus is teasing us with the left rear and left front photos and we'll bring you the entire vehicle in two weeks from the New York International Auto Show.
The Chrysler brand is bringing its re-engineered and re-designed 2011 vehicle lineup directly to consumers to generate awareness and has launched a new test drive campaign at local malls across the country that will offer you an opportunity to get behind the wheel and experience the 2011 200 sedan and 200 Convertible, Chrysler 300 sedan and Town & Country minivan.
The test-drive program will have product specialists to answer questions and provide information on Chrysler brand products "without any sales pressure" and those of you who test drive a Chrysler vehicle at the event may end up in a future Chrysler commercial and you will receive a $15 shopping mall gift card for completing a test-drive. Go for it!
Mazda will debut its refreshed 2012 Mazda3 with SKYACTIV technologies at the New York International Auto Show in two weeks and goes on sales in the Fall.
SKYACTIV is a suite of technologies, including completely redesigned, highly efficient, internal combustion gasoline and diesel engines, manual and automatic transmissions, and an advanced body and chassis to improve the driving experience, including the vehicle's performance, handling, fuel economy and safety.
The MINAGI Concept (left), a compact SUV which was shown in Geneva a month ago will also be on display in New York. It's the first Mazda concept vehicle to fully adopt its new SKYACTIV suite of technologies and its new KODO ("Soul of Motion") design theme, which was initially seen in the SHINARI Concept that debuted last year. Combining Mazda's latest technology and design elements, MINAGI provides direction for the brand's next generation of vehicles, and is the inspiration for an upcoming production model.
Sixteen all-new vehicles, with the same model names except the Sebring to 200, were introduced by Chrysler last year and the marketing push is hard to sell them as they hit showrooms. Chrysler executives and engineers are making the rounds to remind the automotive media that the latest Chrysler, Dodge, Ram and Jeep vehicles are better than ever. Chrysler brand executives showed off the Chrysler 300, 200 sedan and convertible and Town & Country mini-van at an all-new dealership in the heart of Los Angeles yesterday.
The 2011 Chrysler 200 LX starts at $19,245 with fuel economy of 21 mpg city / 30 mpg highway from the standard 173 horsepower 2.4 liter four-cylinder engine on the LX, Touring and Limited models. A 3.6 liter Pentastar Flex Fuel V6 Engine is available on the Touring and Limited versions.
The all-new 2011 Chrysler 300 is a little less "bad ass" than its popular predecessor but still maintains that character with the ability to be customized to suit the owner's personality. The 300 starts at $27,995 (including $825 destination) and runs up to a starting price of $41,145 for the 300C AWD. The all-new 2011 Chrysler 300 and 300 Limited models feature the 292 horsepower 3.6-liter Pentastar V-6 engine with EPA-ratings of 18 mpg city / 27 mpg highway. The all-new 2011 Chrysler 300C has the 363 horsepower 5.7-liter HEMI® V-8 engine delivering up to 25 highway mpg. The engine’s Fuel Saver Technology allows for transition between high-fuel-economy four-cylinder mode when less power is needed and V-8 mode when more power is in demand.
The 2011 Chrysler Town & Country has the all-new 3.6-litre Pentastar V-6 engine for improved fuel economy of 36 mpg highway with a new fuel-economizer mode that helps maximize fuel efficiency. There are more than 40 safety features including a new driver-side knee blocker airbag, front seat-mounted side airbags, side curtain airbags, electronic stability control and tire pressure monitoring. It also comes with the Super Stow ‘n Go seating and storage system, with larger, more comfortable seats and a new one-touch fold down function.
The pressure is on Sergio Marchionne and his team to make Chrysler profitable and there's no better way than new vehicles to add sizzle to a comeback brand where sales are up 23 percent over the first 3 months of last year. The upscale Chrysler brand trails Ram, Dodge and Jeep in sales so the push is on to boost sales of the nameplate that carries the company name.
The all-new 2012 Audi A7 3.0T quattro® Tiptronic® five-door coupe starts at $60,125 (including $875 destination charge, taxes, title, options, and dealer charges) with the first models reaching U.S. showrooms later this month. (photo from 2011 North American International Auto Show Detroit)
Ford’s March sales of 212,777 topped all U.S. sales, an increase of 19 percent versus a year ago. Lincoln sales were 8,501, down 2.2 percent in March. Year-to-date, Ford sales totaled 496,720, up 16 percent.
General Motors retail sales for its four brands was 206,621, an increase of 9.6 percent. Cadillac sales in March were 12,164, up 5 percent from March 2010.Year-to-date GM has sold 592,545, a 24.1 percent increase of 2010.
Toyota Motor Sales, U.S.A. reported March sales results of 176,222 units, down 5.7 from the year-ago month. Year-to-date Toyota, Lexus and Scion sales. For the first quarter, TMS reported sales of 433,924 vehicles, an increase of 12.5 percent over 2010.
American Honda Motor posted March sales of 133,650, an increase of 18.9 percent based on the daily selling rate. Honda sales were 121,039, up 25 percent and Acura was 12,611, up 8 percent. Year-to-date sales of 307,978 is an increase of 18.5 percent based on the daily selling rate.
Chrysler Group reported U.S. sales of 121,730, a 31 percent increase compared with March 2010. This was the best March since 2008, and the highest sales for any month since May 2008. Year-to-date sales are 286,950, a 23 percent increase over 2010.
Nissan North America reported sales of 121,141, an increase of 26.9 percent for a record U.S. market share of 9.7 percent in March – the highest share ever achieved in any month in the company's history. In addition, the Nissan Altima sold 32,289 units in March to become the best-selling sedan in America, the first time the model has ever achieved this distinction. Nissan sales were 109,854, up 28 percent while Inifniti sales were 11,287, up 14 percent.
Hyundai Motor America record March sales of 61,873 units, up 32 percent compared with the same period last year. For the year, total Hyundai sales are 142,620, up 28 percent.
Kia Motors America announced its best ever monthly sales of 44,179, a 44.7 percent increase from March 2010. The record March total helped KMA achieve its best-ever quarterly sales of 104,774, surpassing the previous record of 97,955 units sold in the third quarter of 2010.
Volkswagen of America reported sales of 27,176 in March 2011, a 22.7 percent increase over prior year sales. Year-to-date sales are 67,039, a 15 percent rise over 2010. Separately, Audi of America reported sales of 9,818 vehicles in March, 14 percent more than 2010 while year-to-date sales are 25,383, a 19.1 percent improvement over last year.
Subaru of America announced its second best sales month ever, with 26,916 vehicles sold in March 2011, a 13.2 percent increase, helping Subaru deliver its best first quarter retail sales ever with a total of 67,457, a 17.3 percent jump over 2010.
The BMW Group in the U.S. (BMW and MINI combined) reported March sales of 26,382 vehicles, an increase of 21.7 percent from the same month a year ago. Year-to-date, BMW Group has sold 64,958 vehicles in the first three months of 2011, 18 percent more than the 2010 first quarter.
Mazda North American Operations reported March 2011 sales of 30,905, an increase of 33.3 percent versus March of 2010. Through the first three months of the year, Mazda's sales are 64,559, up 15.4 percent over 2010.
Mitsubishi Motors North America reported March sales of 7,560, an increase of more than 39 percent compared to March 2010. It was Mitsubishi's largest month of sales in two-and-a-half years (August 2008).
Porsche Cars North America announced March sales in the U.S. of 2,588, an increase of 36 percent. So far in 2011, sales are 7,007, a 34 percent increase.
American Suzuki sales were 2,497 in March, an 11 percent increase and in 2011 so far sales are 6,702, an 18 percent rise.
The Subaru Impreza concept shown at the Los Angeles Auto Show last November could debut in its final form at the New York Auto Show next month ahead of its August on sale date. Impreza was third in sales (44,395) in the 5-model Subaru line-up last year behind Outback (93,148) and Forester (85,080). Despite the pending new 2012 Impreza, February sales were up 40.3 percent to 3,933 from February 2010. Subaru sales continue to rise to record levels, gaining 21.8 percent in 2010 over 2009.
Porsche Panamera Turbo S with its 550 horsepower 4.8 liter twin-turbocharged V8 engine will debut on April 20 at the New York International Auto Show. The newest Panamera can reach 60 mph in just 3.6 seconds and the top track speed is 190 mph.
The 50 horsepower increase delivered in the Panamera Turbo S over the Turbo can be attributed to two main enhancements: new twin turbochargers with titanium–aluminum turbines and a modified engine control. Titanium–aluminum reduces the turbine and compressor wheel's weight, which results in a quicker turbo response that improves the engine's agility. The torque is also increased over the Turbo from 516 lb-ft to 553 lb-ft. In the "Sport" and "Sport Plus" mode of the standard Sport Chrono Package Turbo, the overboost function can temporarily generate additional torque with a peak rating of 590 lb.-ft.
The new Porsche Panamera Turbo S will go on sale in the U.S. later this spring, and will have a base MSRP of $173,200, excluding $975 for delivery and destination.
23 car manufacturers have scheduled press conferences during the two media days so we're expecting to see many 2012 models and concepts, which today become reality in the not so distant future. Stay tuned for more previews.
Kia started their LPGA golf tournament sponsorship a year ago at LaCosta Resort & Spa in San Diego's north county and the 2nd annual Kia Classic which just finished today drew a huge gallery despite the 4 inches of rain during the 4-day tournament. Located 30 miles east of downtown Los Angeles, Industry Hills is close to many Asian communities which came out to support the Korean-dominated women's tour.
The line-up of players, proximity to Asian communities and a nice $1.7 million purse all pointed to success and, judging by the size of galleries at this Kia Classic, it paid off. The only drawback was the cold rainy weather leaving few golfers in skirts and many in rain gear, like Hawaii's Michelle Wie (pictured wearing the orange cap) who is sponsored by Kia and tied for 7th at 8 under par today. Friday's second round was suspended for 3 hours leaving many to finish their rounds and play their 3rd round on Saturday. If the weather cooperates next year, the Kia Classic could draw even bigger crowds. Kia's sports sponsorships run deep with its FIFA soccer partnership, Australian Open tennis, NBA basketball and LPGA golf. Kia had a record year in 2010 with sales of 356,268. 2011 sales for January and February of 60,595 is a 31.2 percent gain over the first two months of last year so it looks like the marketing is working.
After battling atop the leaderboard all day, it came down to two short putts on the 18th hole by Korea's Jivai Shin and Germany's Sandra Gal. Shin's birdie putt lipped out while Gal sunk the shorter of the two putts for a 16 under par total after 4 rounds good for her first LPGA Tour victory and a check for $255,000. Gal, the first first-time winner on the LPGA Tour this season was ranked 100th coming into event before outlasting number 2 ranked Shin. The Kia Classic comes on the weekend before the ladies' tour first major tournament of the season, the Kraft Nabisco Championship in Rancho Mirage so many top golfers compete as a warm-up to the major which offers $2 million in prize money..
Overall vehicle dependability has improved from 2010, with automakers succeeding in reducing problem rates in many traditional areas, but experiencing some challenges in overcoming problems with newer technologies and features, according to the J.D. Power and Associates 2011 U.S. Vehicle Dependability Study released Thursday.
The study, which measures problems experienced during the past 12 months by original owners of three-year-old (2008 model year) vehicles, includes 202 different problem symptoms across all areas of the vehicle. Overall dependability is determined by the level of problems experienced per 100 vehicles (PP100), with a lower score reflecting higher quality.
In 2011, overall vehicle dependability averages 151 PP100—the lowest problem rate since the inception of the study in 1990—and improves from 170 PP 100 in 2009. Between 2009 and 2011, annual improvement for the industry has averaged 6 percent, which is slightly lower than historical rates of improvement. During the past decade, industry improvement has averaged 8 percent each year.
The slowdown in improvement is largely attributable to increased rates of problems with electronic features in vehicles, including audio, entertainment and navigation systems and new safety features, such as tire pressure monitoring systems.
Highest-Ranked Nameplates and Models
For the first time since the inception of the study, Lincoln leads the overall nameplate rankings in 2011. Lincoln improves by 13 PP100 from 2010. Lexus follows Lincoln in the nameplate rankings. Rounding out the top five nameplates are Jaguar, Porsche and Toyota. The Porsche 911 has the fewest problems in the industry, with just 68 PP100.
Toyota Motor Corporation continues to perform well in long-term dependability and garners seven segment awards—more than any other automaker in 2011—for the Lexus RX, Scion xB, Toyota 4Runner, Toyota Prius, Toyota Sienna, Toyota Tacoma and Toyota Tundra. Ford Motor Company receives four model awards for the Ford Fusion, Ford Mustang,
Lincoln MKZ and Lincoln Navigator. General Motors (Buick Lucerne, Cadillac DTS, and Chevrolet Tahoe) and Honda Motor Company (Acura RL, Honda CR-V and Honda Fit) each receive three awards. In addition, the following models also receive awards: BMW X3, Mazda MX-5 Miata, and Mercedes-Benz CLK.
The study finds that while domestic brands have closed the gap in initial quality with import brands, there is still a considerable difference between the two in vehicle dependability, with import brands outperforming domestic brands by 18 PP100 in 2011. This is consistent with findings of the 2008 Initial Quality Study, which examined the models included in
the 2011 VDS after 90 days of ownership. While domestic brand cars have fewer problems (135 PP100, on average) than import brand cars (147 PP100, on average), trucks and crossover vehicles (1) of import brands have considerably fewer problems than those of domestic brands.
In addition to affecting brand image and brand loyalty, long-term dependability also has a notable effect on dealership service and customer service spending. As the number of problems experienced increases, owners are increasingly likely to use non-dealer service facilities for paid service work. In addition, as the number of problems increases, the percentage of owners who say they "definitely will" return to their dealer for service diminishes. Among owners who indicate they have experienced no problems, 76 percent indicate they "definitely will" return to the dealer for paid service. This proportion decreases to 42 percent among owners who say they experienced six or more problems.
The 2011 Vehicle Dependability Study is based on responses from more than 43,700 original owners of 2008 model-year vehicles after three years of ownership. The study was fielded between October and December 2010.
(1) The truck category includes both pickup trucks and vans, while the crossover vehicle category includes crossover vehicles, multi-purpose vehicles and utility vehicles.
2011 Nameplate Ranking (Problems per 100 Vehicles)
Lincoln 101
Lexus 109
Jaguar 112
Porsche 114
Toyota 122
Acura 123
Buick 125
Mercedes-Benz 128
Cadillac 130
Hyundai 132
Honda 139
Ford 140
SAAB 146
Infiniti 151
Industry Average 151
smart 152
Chevrolet 156
Volvo 156
Subaru 157
Kia 160
Audi 161
BMW 164
Scion 166
Ram 173
Mazda 181
Nissan 183
GMC 184
Mitsubish i186
Suzuki 190
Volkswagen 191
Chrysler 202
Dodge 206
Land Rover 212
Jeep 214
MINI 221
Top Three Models per Segment Sub-Compact Car
Highest Ranked: Honda Fit
Toyota Yaris
Hyundai Accent
Compact Car
Highest Ranked: Toyota Prius
Hyundai Elantra Sedan
Toyota Matrix
Large Premium Car*
Highest Ranked: Cadillac DTS
Mercedes-Benz S-Class
*No other model in this segment performs above the segment average.
NOTE: For a segment award to be issued, there must be at least three models with sufficient sample that comprise 80 percent of market sales within an award segment. There are only two premium sporty models with sufficient sample size, thus no premium sporty awards have been presented.
Top Three Models per Segment Truck/Multi-Purpose Vehicle/Crossover/SUV Segments Compact Multi-Purpose Vehicle*
Highest Ranked: Scion xB
Chrysler PT Cruiser
Compact Crossover/SUV
Highest Ranked: Honda CR-V
Subaru Forester
Toyota RAV4
Entry Premium Crossover/SUV*
Highest Ranked: BMW X3
Midsize Crossover/SUV
Highest Ranked: Toyota 4Runner
Hyundai Santa Fe
Ford Edge
Large Crossover/SUV
Highest Ranked: Chevrolet Tahoe
GMC Yukon
Toyota Sequoia
Large Pickup
Highest Ranked: Toyota Tundra
Ford F-150 LD
Ram 1500 LD
Midsize Pickup*
Highest Ranked: Toyota Tacoma
Honda Ridgeline
Minivan
Highest Ranked: Toyota Sienna
Honda Odyssey
Chevrolet Uplander
Quality is a top priority at all automakers and every executive has a different way of expressing the quality culture at their respective companies. Carlos Tavares, Executive Vice President of Nissan Motor Corp. and board member stresses the importance of the customer in the quality equation. Many OEMs are embracing comprehensive online technology to get detailed feedback from their customers so engineers can understand and immediately respond to issues as they emerge.
General Motors total sales in the United States rose 49 percent in February, as dealers reported 207,028 deliveries for the company’s four brands. During the month, retail sales rose 70 percent – the highest year-over-year gain in the company’s history. GM has sold 385,924 in 2011, a 35.9 percent rise over the first two months of 2010.
Ford’s total February sales, including sales to fleet customers, were 156,626, up 14 percent. In the first two months of 2011, Ford sales totaled 283,943, up 14 percent versus the same period a year ago.
Toyota Motor Sales, U.S.A., reported February sales of 141,846, up 41.8 percent over the year-ago month. The Toyota Division posted February total sales of 128,032, an increase of 48.5 percent over the same period last year. The Lexus Division reported total sales of 13,814, flat from last February.Year-to-date, Toyota has sold 257,702 vehicles, up 29.6 percent over 2010.
American Honda posted February sales of 98,059, an increase of 21.6 percent compared to February 2010. Year-to-date sales of 174,328 is an increase of 17.7 percent. Honda Division posted February sales of 87,263, an increase of 21.7 percent compared to February 2010 and Acura division sales increased 20.8 percent to 10,796.
Chrysler Group reported U.S. sales of 95,102, a 13 percent increase compared with sales in February 2010. Year-to-date Chrysler has sold 165,220 vehicles, a 17 percent increase over 2010.
Nissan North America reported record February U.S. sales of 92,370, an increase of 31.6 percent. Nissan Division sales were up 31.8 percent for the month and also set a new February record. Sales of Infiniti vehicles rose 29.9 percent over the prior year. Year-to-date sales are 164,217, up 23.7 percent from 2010.
Hyundai Motor America announced record February sales of 43,533, up 28 percent compared with the same period last year. For the year, total Hyundai sales are 80,747, up 25 percent.
Kia Motors America had its best ever February sales of 32,806, up 36.4 percent from 2010. Year-to-date sales are 60,595, up 31.2 percent from last year.
Volkswagen of America reported 21,461 units sold in February 2011, an 18.5 percent increase over prior year sales. VW has sold 39,862 vehicles in the first two months of the year, a 10.3 percent increase over 2010. Separately, Audi reported record-setting February U.S. sales of 7,753. For the first two months in 2011, Audi has sold 15,565, a 22.3 percent rise over the same period last year.
Subaru of America continued record-breaking sales for February at 21,683 sold, up 19,8 percent compared to the previous year. Year-to-date, Subaru sales are 40,541 vehicles.
The BMW Group in the U.S. (BMW and MINI combined) reported February sales of 19,919 vehicles, an increase of 10.8 percent from same month a year ago. Sales of BMW brand vehicles increased 8.7 percent in February for a total of 16,416 compared to February 2010. Year-to-date BMW has sold 38,575, an increase of 15.6 percent over 2010.
Mazda North American Operations reported February 2011 sales of 19,387, an increase of 13.7 percent versus February of 2010. Year-to-date Mazda sales are 32,748, up 2.8 percent from last year.
Mercedes-Benz USA reported February sales of 16,176 vehicles, a 5.1 percent gain over February 2010. On a year-to-date basis, the 33,449 vehicles sold represent a 9.5 percent increase.
Mitsubishi Motors North America reported February 2011 sales of 6,893 vehicles, a 71.5 percent rise from the same month in 2010. Year-to-date Mitsubishi sales are 12,607, a 54 percent jump from 2010.
Jaguar Land Rover sales of 3,247 in February is an increase of 16 percent over 2010 with Jaguar sales at 692, a drop of 9 percent vs. last year and Land Rover at 2,555, a 26 percent increase. Year-to-date, JLR sales are 6,453, a 20 percent rise over 2010. Jag sales are 1,627, a 17 percent gain and Land Rover sales are 4,826, a 21 percent increase.
Porsche Cars North America announced February sales in the U.S. of 2,019 units, an increase of 32 percent. Year-to-date Porsche sales are 4,419 up from 3,317 last year.
American Suzuki sold 1,643 vehicles in February, an increase of 19 percent over last year. Year-to-date Suzuki has sold 4,205, up 23 percent from 2010.
The all-new 2012 Infiniti M Hybrid, which goes on sale March 16, will cost $53,700 with a 3.5-liter DOHC 24-valve V6 engine, which paired with the 50 kW electric motor, provides a hybrid system net power of 360 horsepower. The Infiniti M Hybrid features the all-new Infiniti Direct Response Hybrid™ system, a one-motor, two-clutch parallel hybrid design that utilizes precise, high-speed motor control technology enabled by the powerful Lithium-ion battery, allowing power to be delivered directly to the vehicle's 7-speed automatic transmission. Estimated fuel economy is 27 mpg city, 32 mpg highway, with combined fuel economy rated at 29 mpg. The new Infiniti M Hybrid can drive on electric power alone at speeds up to 62 mph and can travel on electric propulsion for up to 1.2 miles at a time. Tests have shown that in mixed driving, the Infiniti M Hybrid is able to drive in electric only mode for as much as 50% of the time.
The 2012 Infiniti M performance luxury sedan is also offered in four non-hybrid models, which go on sale March 2, with a starting M.S.R.P. of $47,700 for the Infiniti M37 RWD, $49,850 for the Infiniti M37 AWD, $59,100 for the Infiniti M56 RWD and $61,600 Infiniti M56 AWD.
Toyota will launch "#1 For A Reason", a new advertising campaign on Monday to remind people why Toyota continues to be the top brand consumers turn to when buying a new vehicle. Camry, Corolla, Prius, RAV4 and Tacoma will be featured in the commercials and some of Toyota's bragging will include: Camry being the number-one selling car in America for nine straight years with more than 90 percent of Camrys sold over the past 15 years still on the road today; the Corolla sedan holding the title of best-selling car of all time with more than 8.6 million sold in the U.S. since it launched in 1968 and the Prius being the best-selling hybrid in the world averaging 50 miles per gallon.
Last week, the Department of Transportation (DOT) released results from an unprecedented ten-month study of potential electronics-based causes for unintended acceleration in Toyota vehicles. NASA engineers found no electronic flaws in Toyota vehicles capable of producing the large throttle openings required to create dangerous high-speed unintended acceleration incidents. The two mechanical safety defects identified by NHTSA more than a year ago – “sticking” accelerator pedals and a design flaw that enabled accelerator pedals to become trapped by floor mats – remain the only known causes for these kinds of unsafe unintended acceleration incidents. Toyota has recalled nearly 8 million vehicles in the United States for these two defects and spent billions.
U.S. Transportation Secretary Ray LaHood said, “We enlisted the best and brightest engineers to study Toyota’s electronics systems, and the verdict is in. There is no electronic-based cause for unintended high-speed acceleration in Toyotas." In conducting their report, NASA engineers evaluated the electronic circuitry in Toyota vehicles and analyzed more than 280,000 lines of software code for any potential flaws that could initiate an unintended acceleration incident. Unfortunately, the Egyptian revolt may have buried this news in coverage by the mainstream media who were quick to blast Toyota at the outset of these incidents and do irreparable damage to the Toyota image.
The 2011 Toyota Matrix made its debut at the Chicago Auto Show last week with new standard wheels, interior design features and standard Smart Stop Technology. The 2011 Matrix has a base model with a 132 horsepower 1.8-liter DOHC four-cylinder engine and the sporty S grade has a 158 horsepower 2.4-liter four-cylinder engine. The Matrix has earned an EPA-estimated fuel economy rating of 25 mpg city and 32 mpg highway for the 1.8-liter with the five-speed manual transmission, and 26 mpg city and 32 mpg highway for the 1.8-liter paired with the four-speed automatic transmission.
The Fiat brand is back on sale at 130 U.S. dealers with 3 editions of the 101 horsepower 1.4-liter Fiat 500 that took Europe by storm almost 4 years ago with sales growing to over 600,000 across the Atlantic. That said, the U.S. edition, made in Toluca, Mexico along side the Dodge Journey, replaces the PT Cruiser at that plant. Two railcars left last Friday for U.S. showrooms.
The Fiat 500 has been Americanized to accommodate larger people, longer distances, the automatic transmission preference, glovebox stowage needs, armrest desires, cupholder capacity and more.
Head of the Fiat Brand for North America, Laura Soave, raised Italian in Michigan, was asked what Fiat stands for and replied - "First In Advanced Technology." Today's "millennials", as she calls them, will have no idea of the "Fix It Again Tony" reputation of the '70's Fiats. The Fiat 500 buyers will have "no brand loyalty and just want something different", according to Soave. The base POP with manual transmission starts at $15,500, the SPORT at $17,500 and the upscale LOUNGE with a standard automatic transmission at $19,500. The Fiat 500 is an A-segment vehicle so technically its only competitor is the smart which has had plummeting sales, but Soave says the Toyota Yaris and Mini are the real rivals.
Personalization is the name of the game with 14 interior and exterior colors and about 500,000 ways to make your Fiat 500 special. A Cabrio will be arriving in April, the Abarth and BEV electric next year and a 4-door model in 2013. There are also plans for the Alfa Romeo to make a return to the U.S. market. "Fiat Freaks" who populate 50 clubs around the U.S. have been waiting 27 years for the return of the brand. Social media will be a big marketing channel for Soave and her team to hit the first year sales target of 45,000 units. Ciao for now.
The newly refined 2012 Acura TL has a new front bumper and grille, rear end, a new Sequential SportShift 6-speed automatic transmission, a revised interior and a host of technology upgrades.
The transmission teams with a new multi-clutch torque converter which improves fuel economy to 20/29 city/highway mpg, an increase of 3 mpg in highway driving over the 2011 TL. The TL's standard 280 horsepower 3.5 liter V-6 engine receives a host of friction-reduction technologies. The TL's other engine choice is the more powerful 305 horsepower TL paired with Acura's Super Handling All-Wheel Drive powertrain.
Acura sold 34,049 TLs in 2010, a 1.9 percent increase over 2009. In January, TL sales were 1,592 down 19.8 percent from January 2010 so the introduction of refreshed TL comes at a good.time to reinvigorate its target buyers.
DealerTrack, one of about 400 large, regular exhibitors at NADA, operates the auto industry's largest online credit application network, offering about 17,000 dealers access to over 900 automotive financing lenders through its credit application network. DealerTrack also offers dealers inventory management tools and services along with a sales and F&I solution to streamline the entire sales process from a single integrated platform. DealerTrack’s Compliance solution helps dealers meet legal and regulatory requirements and their data services division includes Chrome Systems which offers technology and data solutions and ALG for residual values. DealerTrack acquired triVIN, which helps streamline the time-consuming, labor-intensive, and often complex processes of vehicle registration and lien and title management. According to DealerTrack President and CEO Mark O'Neil more acquisitions may be coming. The stock trades under the symbol: TRAK and is trading near its 52-week high.
John Mendel, American Honda's Executive Vice President of Auto Sales rev'd up his dealers at the NADA Convention in San Francisco around the new Civic - a concept version was shown in Detroit a month ago with production versions to be shown to dealers in a few weeks in Las Vegas and the public will see it at the mid-April New York Auto Show along with a preview of the new CR-V.
