TCC'S DAILY EDITION: June 26, 2003
Chevy Confirms “Cobalt”
2005 Chevrolet Cobalt
Mazda Builds Mazda3
Nissan Pathfinder Moving to Tennessee
Nissan Lays Foundation in Miss. by TCC Team (6/2/2003)
Nissan’s betting on Mississippi for big things ahead.
Polk: U.S. Brands Get More Loyal Customers
The midyear report from R.L. Polk & Co. finds that American brands are more likely to have loyal returning buyer than import brands. General Motors has some of the most loyal customers; 68.7 percent of GM owners who shopped for new vehicles from October 2002 to March 2003 returned to the GM dealer. Ford’s main blue-oval division saw a return rate of 57.6 percent, while the American brands as a group took ten of twelve model categories ranked by Polk. Get the full results atwww.polk.com.
GM Writing Off Fuel Cell Reformers
Perhaps the biggest obstacle to widespread use of the fuel cell is finding a suitable means of storing hydrogen onboard a vehicle, says Alan Taub, executive director of General Motors’ Science Labs. But the automaker is “shifting away from” the once-promising strategy of producing hydrogen, as needed, with a device dubbed the onboard reformer, Taub tells TheCarConnection.com. Onboard reformers are essentially mobile refineries, able to generate hydrogen from more conventional liquid fuels – GM has focused on gasoline, while other makers, including DaimlerChrysler, prefer methanol. But the bulky devices pose a variety of problems, such as “compromising the packaging of a vehicle,” notes Taub, who asks, “Why put that investment cost on every vehicle?” GM will now emphasize a hydrogen production system that produces the lightweight gas either at central refineries or right at the service station. The automaker continues to believe commercially viable fuel cell technology could begin to reach market by the beginning of the next decade, though many observers are warning it could be closer to 2020. —TCC Team
Iceland Powers Up with Hydrogen by TCC Team (4/28/2003)
Nation seizes opportunity to lead global push for hydrogen cars.
TCC Takes Top Honors from SPJ
TheCarConnection.com has taken home a wide range of honors from the Metro Detroit Chapter of the Society of Professional Journalists. TCC’s Excellence in Media Awards include:
Spot News Reporting
1st Ford Cuts 35,000 Jobs, 5 Plants by TCC Team (12/30/2002)
General News Reporting
1st Kia Keeping the Neighbors Up by Jim Burt (12/30/2002)
With the new Sorento and a great value proposition, little Kia is beginning to worry some big guys.
2nd Big 3, UAW Face Health Crunch by Joseph Szczesny (12/2/2002)
The cost of keeping workers well begins to wear on the carmakers and the union alike.
1st Mike Davis "Is Consumer Reports biased?"
2nd 2002 Mini Cooper by Marty Padgett (12/23/2002)
What’s that about small things in good packages?
1st "High and Mighty": Just That by TCC Team (12/30/2002)
How SUVs — and the authors who hate them — got that way.
1st TCC Team, "Carmakers in horsepower war-when is 500 HP not enough?"
2nd GM, Ford Get Pension Blues by Joseph Szczesny (12/30/2002)
A shaky economy only exacerbates the retiree costs at America’s big two automakers.
During the Detroit SPJ chapter’s annual banquet, TCC contributor Al Rothenberg, a 55-year veteran of the auto beat, was given a Lifetime Achievement Award. Officially, Rothenberg retired in 1989, but he remains an active freelancer. Meanwhile, TheCarConnection Publisher TCC Team was first runner-up in the SPJ Journalist-of-the-Year balloting.
FROM THE SOURCE headlines from the latest press releases
Porsche Cars North America Inc. (PCNA) this month launched Porsche Approved Certified Pre-Owned, a program intended to bring younger buyers to the Porsche brand, strengthen brand loyalty and awareness, and increase the value of pre-owned Porsches.
TiVo (Nasdaq:TIVO), the creator of television services for digital video recorders (DVR), and theChrysler Group announced today that the automaker will air long form content on the TiVo service promoting the new 2004 Chrysler Crossfire. The branded entertainment package will allow viewers to instantly request more information on the new sports coupe and schedule a recording for the five short films selected as finalists in the Chrysler Million Dollar Film Festival (MDFF).
|AMER AXLE & MANU||AXL||24.05||-0.07|
|BALLARD PWR SYS||BLDP||13.43||+0.30|
|FORD MOTOR CO||F||11.21||-0.14|
|HONDA MOTOR CO||HMC||18.66||-0.24|
|UNIT AUTO GRP||UAG||21.78||+0.25|