Sales Down Modestly in Nov.; GM, Ford Drop More
Car and pickup truck sales staged a very modest comeback in November while sales of sport-utility vehicles continued to tumble, cutting overall industry sales by six percent.
The annualized rate of 16 million units, however, was better than the 15.4 million rate posted in October and offered automakers hope that sales would finish the year with a bang.
Meanwhile, GM's total sales dropped eleven percent, including a three-percent drop in cars and weak sales of sport-utility vehicles, which dropped 16 percent. Ford, Lincoln, and Mercury brands fell 18 percent and Chrysler fell seven percent. The decline in Chrysler's sales ended an 18-month run of sales increases by the group.
Sales Down Modestly in Nov. by Joseph Szczesny (12/1/2005)
Big Three drop; Japanese brands pick up, except Nissan.
Daily Edition: Aug. 12, 2005 by TCC Team (8/11/2005)
Jeep waves the flag, HEMI passes million mark.
Saab Scores with Active Head Restraints
Saab scored top marks in a test of car seats by Thatcham, an research group of British insurers. In the tests, Thatcham measured car seats and looked at the position of the head restraints compared to the head of the dummy; in a dynamic test the seat with dummy was mounted on a sled, which was accelerated in 0.1 seconds to
Seats with the Saab Active Head Restraints (SAHR) fared better than all others in the tests. Statistics of the insurance claims show that there were 42-percent fewer complaints of whiplash after collisions with the Saab 9-3 with SAHR, compared to its predecessor without this system.
Mercedes-Benz got high marks for being the first manufacturer to offer truly active head restraints using an onboard crash sensor.
The Thatcham investigation also showed that only 16 percent of the cars scored "good" and 36 percent scored "poor" when it comes to head and neck restraints and protection. -Henny Hemmes
Power: Buyers Accepting Imports More Readily
The latest study from J.D. Power and Associates on the habits of car shoppers finds that new-vehicle buyers are more accepting of import brands these days. In the J.D. Power and Associates 2005 Avoider Study released on Thursday, Power reported that buyers in the South have undergone the most dramatic change in shopping, where 34 percent say they would not consider an imported or foreign vehicle, down from 40 percent in the 2004 study. Korean brands in particular have benefited from the shift in interest; only 31 percent of southern shoppers would not buy a Korean car, for instance, while in 2004 that number was 41 percent. The study does have some difficult news for the domestics - truck buyers seem to be drawn in by rebates and incentives more than the perception of reliability, and in general, rebates and incentives have drawn attention away from improvements in product design and features. The study adds that some Asian brands carry the perception that their vehicles are too small, even when the vehicles - like Nissan's Titan - are equally as large or larger than the competition.
2007 Mazda CX-7
FROM THE SOURCE headlines from the latest press releases
Magna International Inc. announced today that it has signed an agreement with Dr. Ing. h.c. F. Porsche AG pursuant to which Magna will acquire CTS Fahrzeug-Dachsysteme GmbH, Bietigheim-Bissingen ("CTS"), based in
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|DaimlerChrysler AG (ADR)||DCX||50.98|
|Dura Automotive Systems||DRRA||2.45|
|Ford Motor Company||F||8.10|
|General Motors Corporation||GM||22.61|
|Goodyear Tire & Rubber||GT||17.20|
|Honda Motor Co. Ltd. (ADR)||HMC||28.45|
|Johnson Controls Inc.||JCI||70.00|
|Magna International Inc.||MGA||69.04|
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