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April 30, 2009

Chrysler BK May Signal New Era for US Manufacturers

Fiat500-interior.jpgImagine this: You own a business. One day, you receive a telephone call from the owner of a competitor of yours. After many discussions, you're essentially offered the opportunity to create a new company overseas; one that will then purchase the assets of the competitor at a highly reduced (but court approved) price, including parts, trained staff, union agreements, and, if you like, part or all of a fully established dealer network. And, your deal will have solid backing from a variety of sources, including the government. If you own Fiat, then that is essentially what you're doing right now with Chrysler Corporation.

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April 22, 2009

2010 Mazda Mazda3: More of a Good Thing

There are two kinds of automotive manufacturers. Those that focus heavily on building an unemotional, quality appliance and those that believe a vehicle should be more than just basic transportation. Mazda has developed into the latter. The 2010 Mazda3 underscores Mazda's focus on producing stylish, performance oriented vehicles at an affordable price.

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The 2010 Mazda3 is really the fifth generation of what we now call the Mazda3. It began with the 'great little car' - GLC, followed by 323, Protoge', and previous generation Mazda3. From introduction, the Mazda3 garnered support from the press and consumers alike. Since Mazda relies so heavily on their little C-Segment car, it was imperative that 2010 iteration refine and improve the formula, evolving it rather than recreating it. We're here to tell you that they didn't disappoint. They've added more performance, more character and more options into the mix. The all-new Mazda3 is even more of a good thing.

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April 20, 2009

Consumers Still Reluctant To Buy New Cars

TUSTIN, Calif. (April 20, 2009) -- A just completed national internet survey shows a marked increase in consumers' unwillingness to consider purchasing a new car. Beginning in September 2008 AutoPacific, a Tustin, Calif.-based automotive market research firm, looked to its internet consumer panel to gauge the likelihood of consumers to purchase or lease a new (not used) vehicle in the next 24 months. The most recent survey shows those who definitely/probably will not buy has increased from 22% in September, 2008, to 38% in March, 2009 to 42% in April. This trend is reinforced by the survey's definitely/probably will buy numbers which have decreased from 53% last September, to 37% last month to 35% in April 2009. Over 1,100 persons responded per survey.

"In early 2008 the US auto industry was hobbled by high gasoline prices, while consumer confidence was beginning its own collapse. Then, just as gas prices declined, the financial crisis hit, and vehicle sales fell even lower," says George Peterson, president of AutoPacific. "A key component of AutoPacific's sales forecasting practice includes monitoring consumer intentions on a regular basis. One might think that the government's stimulus expenditures, warranty guarantees for GM and Chrysler vehicles, or the rising stock market would have turned consumer sentiment around. But this survey shows that hasn't happened, at least not yet."


April 19, 2009

What Will Cars Do in 80 Years?

mobility2088.jpgCan you imagine the technology of your car in the future? How about 80 years from now? Will your car fly? Will you have a personal jetpack? Here's one to consider: Take all the bad drivers you curse every day while you pilot your way to work and give them all flying machines. That would make for some fantastic video. And lawsuits, too.

It's not easy to look into the future. But it takes a good imagination, and true desire to look beyond what sits in the driveway today. And I would bet that every one of you has some of this future-think in your DNA.

Think about your car. What do you like? What would you like to remove from your car and install, say, in your mother-in-law's car? Or just eliminate, perhaps? Honda has been developing a remarkable documentary series. While it's true that it's a sales pitch, it's also terrific insight into the future of the automobile. Check out their idea about vehicles 88 years from now. (watch video)

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April 17, 2009

From Model Ts To Microprocessors -- How Cars Have Changed

Today's Consumers Expect More Features in Their Vehicles as Technology Grows

TUSTIN, Calif. (April 15, 2009) -- You have some free time. You decide to plug in the laptop and surf the Internet using your wireless connection. After a few minutes you grab a cold soda out of the refrigerator, recline your seat and decide to watch some satellite television. And you've done all of this in a parking lot waiting for your child's soccer practice to end.

Today many comforts of home as well as their technologies are available in your car, so you never have to be far from the entertainment, information and luxuries you enjoy. This is quite a departure from the days of the Model T Ford when cars weren't even equipped with fuel gauges or electric starters. Some of today's cars can be started with the push of a button from yards away.

"Features that were once the stuff of science fiction are now common on even entry-level cars," said George Peterson, President and CEO of AutoPacific, a Tustin, Calif. automotive research firm which has been conducting consumer insight research since 1986. "The newest, most advanced features usually appear first on luxury vehicles and then migrate throughout as the technology becomes less expensive. Our research has revealed there is strong and growing demand for all types of new technology in vehicles, with safety features having the most demand.. For example, many drivers are interested in vehicles that will stop themselves in emergency situations, warn you when other cars are too close, or even parallel park themselves."

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April 14, 2009

No Auto Down Payment? Consider a Lease Takeover...

lease-takeover.jpgIf you're one of the many people who would like to get into a new or newer automobile, but you're concerned about shelling out the down payment, consider a lease acquisition. In the current economic climate, the opportunity to get a top quality vehicle for little or no cash out of pocket is rising. And, while many automobile manufacturers also offer "no down" car sales or leases, there is a big difference in commitment to consider. Many leases offered for takeover have less than two years remaining, giving you an opportunity to drive your way through the current recession, without committing yourself to 36, 48, or 60 months on a loan or lease.

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April 7, 2009

Job #1 at Ford: Debt Reduction

Ford-dealership.jpgIn the midst of ongoing media attention aimed at the auto industry in general and the Detroit "Big Three" specifically, some positive and important news emerged this week as Ford announced it had reduced its debt load by just under $10 billion dollars. The Detroit automaker said it was spending $2.4 billion in cash, in addition to 468 million shares to improve its balance sheet and distance it from federal aid.

The news is seen as important, because buyers are reluctant to step off the sidelines, even with incentives and greatly reduced pricing. A just-completed AutoPacific online survey showed that buyers are disappointed by automakers taking bailout funds and that Ford tops their choice options in U.S. vehicles, in part due to its ability to avoid an Uncle Sam handout. The same survey respondents indicated they were unlikely to purchase vehicles from either GM or Chrysler.

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April 3, 2009

Survey Shows Public Very Aware Of Auto Industry Troubles And Not Inclined To Buy

AutoPacific Research Indicates Balance of Year May Continue to be Difficult for Car Companies

TUSTIN, Calif. (April 3, 2009) -- A national Internet survey conducted between March 31 and April 1 reveals that the American public is extremely aware of the current challenges facing the American automobile industry and the Obama administration's actions to confront them. Only three percent in the survey said they were not aware of the billions of dollars in government loan guarantees made to General Motors and Chrysler, 94 percent knew that both companies had been required to submit viability plans in hopes of receiving additional government aid, and 89 percent were aware that the White House had declared neither plan represented "a credible path to viability." The survey findings were the result of over 700 responses.

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April 2, 2009

2008 Toyota Tundra Supercharged TRD

TRD Tundra.jpgThis past weekend I wanted the most horsepower on my block. That's pretty tough on my block, where horsepower seems to trump everything. Rationality is heresy on a block of 9 homes that includes a BMW M6, a Jaguar XKR, a Chrysler 300C SRT8 and a host of other badges of courage.

A simple V8 Would Not Do

A simple V8 would not do, but we're fortunate enough to have a 2008 Toyota Tundra Supercharged by TRD. Some cars offer the power and handling go to give the driver a feeling of "point and shoot". In the case of the Tundra, "just shoot" will do. The mother of all Tundras is built off of the regular cab, to keep it light. The TRD-designed and developed supercharger boosts horsepower from 381 to 504, and torque from 401 pound-feet up to 550 lb-ft. Start the motor, listen to the whine of your neighbors, I mean, the supercharger. Tap the accelerator and feel your spine align. Tap the brakes and the 16-inch cross-drilled rotors will stop your watch. Load it with manure (I did) and see how truly pointless this vehicle is. Pointless in a good way. Like 150 proof Vodka is pointless.

Which makes me wonder. Today the only auto press I hear relates to bankruptcy, compact cars, and hybrids. Among many others, the Chevrolet Corvette, Cadillac XLR and Acura NSX are postponed. How long will the Obama Administration's latest comments be more important than horsepower?


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