Entries from July 2008 ↓

The 2008 toyota fortuner minorchange tagline is The Ultimate Attraction,to be launch in next week.

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The financing arms of U.S. auto makers are likely to shift to longer-term car loans as they eliminate or scale back their participation in the leasing business.

A longer maturity on loans translates into a slower repayment of principal, increasing the potential magnitude of losses resulting from defaults. It also means that these companies should set aside more reserves to account for possible losses from these loans – on top of the funds they have squirreled away to support the souring credit quality of their portfolios.

But these longer-term loans – which can now stretch out as long as 84 months, or 7 years – are one way that General Motors Corp. (GM), Ford Motor Co. (F) and Chrysler LLC can seek to clear bloated inventories and avoid further market- share losses. With fuel prices above $4 a gallon and consumer confidence on the decline, Detroit’s auto makers have been stung by steep declines in sales of the pickup trucks and sport-utility vehicles that have long sustained their businesses.

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Volkswagen AG moved ahead of Ford Motor Co. as the world’s third-largest automaker by vehicle sales in this year’s first half, according to figures the companies released last week.

Volkswagen reported a 7.2% increase to 3.31 million cars and trucks, while Ford said its sales fell 11% to 3.09 million.

Ford is headed for another decline in the annual global sales rankings, after yielding the No. 2 spot to Toyota Motor Corp. in 2003.

Ford’s U.S. sales fell 14% as gasoline prices rose above $4 a gallon, crimping demand for large pickups and SUVs. Its figures also exclude Jaguar and Land Rover, sold to Tata Motors Ltd. in June.

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Coming soon of next generation low-priced ,Volkswagen voyage or Gol Sedan in brasil

source spy : carrononline.net

Honda will follow-up one of the most successful models in supermini history when its all-new Jazz goes on sale this Autumn. At a time of rising fuel prices and financial instability, a range of low emission, high economy petrol engines makes the new model an attractive option for the increasing number of motorists looking to downsize.

By enhancing its strongest qualities, Honda engineers have taken the innovative design and versatility of the current Jazz to the next stage. Greater flexibility, more interior space and lively, but economical engines raise the bar even further in a class that’s struggled to match the Honda Jazz for customer satisfaction and reliability.

The hugely-popular Jazz was always going to be a hard act to follow – simply because of the resounding success of the current car. As well as attracting consistently strong demand from customers in every year since its 2002 launch, the Honda Jazz europe 2008 has also won over 30 industry awards, making it one of the most celebrated models ever.

The sequel builds on this success, with a more stylish, contemporary exterior design to appeal to a broader audience. A slightly larger body style brings better visibility and means Jazz is even more spacious.
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The second quarter closed out with a haul of 50,108 vehicles in June, the fourth lowest monthly return this year, taking sales at the halfway mark to 321,474 units for a 9.9% growth over the same period last year.

It was also the lowest haul for the month since 2003. As crude inches closer to US$150 per barrel, consumers can expect some relief in the form of a six-month economic stimulus package which includes fuel subsidies of about three baht per litre.

Consumers, it seems. are applying the brakes on vehicle purchase as a result of political and economic instability, which can be attributed to the June drop of 8.8% over the 54,910 units sold in May, according to Tri Petch Isuzu.

Automakers are trying to beat the slide through promotions and campaigns by giving out petrol vouchers, lenient payment terms and extended warranties.

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This is The 2008 toyota fortuner minorchange was leaked in sale guidance few days ago in thailand before launching at 8 August 2008 for 1st premier in thailand.

The new data please waiting for next two weeks.

ICP Solar Technologies, a developer, manufacturer and marketer of solar panels and products, announced that they have entered into a sales contract with Nissan in Europe and North America for OEM solar charger.

According to ICP, a discharged battery is one of the most common problems facing the automotive industry with cars sitting in parking lots for a long period of time in cold or hot conditions. The company said that the ICP Solar OEM solar charger will help reduce the related costs and will avoid strong 12V battery drain using the power of the sun.

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Japanese auto giants Honda Motor Co. and Nissan Motor Co. have joined with Toray Industries Inc. to develop a new carbon-fiber material for use in auto bodies, aiming to mass produce cars that are lighter by as much as 40% than steel-built vehicles, according to a report Thursday.

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above picture note relate this news

Hyundai Motor Co, South Korea’s top automaker, said on Wednesday it had scrapped a plan to launch a low-cost sedan in China as the model would not be profitable amid rising raw material prices.

Hyundai, which together with affiliate Kia Motors Corp is the world’s No.5 automaker, plans to introduce a new compact sedan to the China market instead of the initially planned $5,000 to $6,000 economy sedan, a company spokesman said.

The company had planned to sell the low-cost sedan in China from 2010 to compete with sub entry-level cars from global and local makers in the world’s No.2 auto market.

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