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August 4th, 2008 — Volkswagen
Indian models pose beside Volkswagen India's Jetta car during its launch in Mumbai
Volkswagen, the biggest European car maker, is aiming to bag 10 percent of India’s burgeoning market within five years, a director said Monday in the business daily Handelsblatt.
“We want to move quickly in terms of volume,” VW’s president in India Joerg Mueller said.
The group currently has less than one percent of the Indian market.
August 4th, 2008 — Uncategorized
GMAC LLC swung to a loss for the fourth consecutive quarter as slumping resale values of used cars and souring mortgage investments took their toll.
The finance arm of General Motors Corp. (GM) said it would slash its loss- making auto-leasing business by at least half. Officials also said the company would continue to support its ailing mortgage unit responsible for the bulk of GMAC’s losses.
GMAC said Thursday it had a net loss of $2.48 billion in the second quarter, compared with a profit of $293 million during the same period a year ago. Losses of $717 million stemming from auto leases and $1.86 billion of red ink at Residential Capital LLC, or ResCap, were the main culprits.
August 4th, 2008 — nissan
nissan-advanced-technology-eco-pedal
Nissan Motor Co., Ltd., today unveiled the ECO Pedal – a world first technology – designed to assist drivers to become more fuel-efficient. When the eco-pedal system is on, each time the driver steps on the accelarator, a counter push-back control mechanism is activated if the system detects excess pressure, helping to inform the driver that they could be using more fuel than required. An eco-driving indicator integrated into the instrument panel feeds the driver with real-time fuel consumption levels to help improve his/her driving behavior. The ECO Pedal system can be turned on or off according to the driver’s preference.
Nissan plans to commercialize the ECO Pedal during 2009. Research conducted by Nissan has shown that by using the ECO Pedal drive system, drivers can improve fuel efficiency by 5-10%*1, depending on driving conditions.
August 4th, 2008 — toyota
TOYOTA MOTOR CORPORATION (TMC) announced today development of the “Winglet”, a personal transport assistance robot ridden in a standing position.
The Winglet—still being refined—is one of TMC’s people-assisting Toyota Partner Robots. Designed to contribute to society by helping people enjoy a safe and fully mobile life, the Winglet is a compact next-generation everyday transport tool that offers advanced ease of use and expands the user’s range of mobility.
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August 4th, 2008 — Automotive Accessories review
Product Description
Bon-Aire’s Original Ultimate Hose Nozzle is engineered from rugged aluminum, stainless steel, fiberglass and hard rubber. This nozzle is built to resist breaks and leaks. Its unique two-way shut off (turn the nozzle fully clock-wise or counter-clockwise to stop the flow) allows for five spray patterns — the perfect stream for any job. Bon Aire backs up this nozzle’s heavy construction with a lifetime warranty. Colors May Vary!
August 4th, 2008 — Auto Sale Ranking
| JULY | 2008 | |||||
| Maker | volume | % change from 2007 |
% mkt share |
YTD volume |
% change from 2007 |
YTD % mkt share |
| GM | 233,340 | -26.1% | 20.5% | 1,822,575 | -17.7% | 21.3% |
| Toyota | 197,424 | -11.9% | 17.4% | 1,437,510 | -7.6% | 16.8% |
| Ford | 160,990 | -14.7% | 14.2% | 1,312,198 | -14.1% | 15.4% |
| Honda | 138,744 | -1.6% | 12.2% | 937,102 | 3.2% | 11% |
| Chrysler LLC | 98,109 | -28.8% | 8.6% | 965,935 | -22.8% | 11.3% |
| Nissan | 95,319 | 8.5% | 8.4% | 617,640 | -0.9% | 7.2% |
| Hyundai | 40,703 | -6.5% | 3.6% | 271,769 | -3.0% | 3.2% |
| BMW | 29,006 | 2.2% | 2.6% | 187,143 | -3.0% | 2.2% |
| Kia | 28,021 | 5.0% | 2.5% | 185,640 | 2.5% | 2.2% |
| Volkswagen | 27,523 | 1.4% | 2.4% | 190,121 | -0.2% | 2.2% |
| Mazda | 22,418 | -13.3% | 2.0% | 175,559 | -1.7% | 2.1% |
| Mercedes-Benz | 20,760 | 11.5% | 1.8% | 140,170 | 2.3% | 1.6% |
| Subaru | 16,271 | 5.4% | 1.4% | 110,366 | 4.6% | 1.3% |
| Mitsubishi | 9,644 | -6.8% | 0.8% | 63,527 | -21.3% | 0.7% |
| Suzuki | 8,103 | 2.0% | 0.7% | 64,347 | -1.7% | 0.8% |
| Jaguar/Land Rover | 3,476 | -34.7% | 0.3% | 28,349 | -22.6% | 0.3% |
| Porsche | 3,128 | -3.2% | 0.3% | 18,214 | -13.6% | 0.2% |
| Smart USA | 2,559 | NA | 0.2% | 13,958 | NA | 0.2% |
| Isuzu | 303 | -48.3% | 0.0% | 3,641 | -16.5% | 0.0% |
| Maserati | 195 | 4.8% | 0.0% | 1,548 | 14.2% | 0.0% |
| Ferrari | 140 | -12.5% | 0.0% | 970 | -5.3% | 0.0% |
| TOTAL | 1,136,176 | -13.2% | 100.0% | 8,548,282 | -10.5% | 100.0% |
