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Monthly Archives: January 2012
Cybersecurity a Growing Concern for Automakers Safety Regulators
Imagine strolling into an auto dealer’s showroom and seeing cyber-security specifications listed alongside mileage estimates on the vehicle window stickers. “Absurd”, you say? Maybe not. The same types of electric components that allow us to enjoy Bluetooth phones, satellite radio … Continue reading
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Electric Auto Battery Maker Ener1 to Receive $13.5 Million Bankruptcy Financing
Lithium-ion automotive battery maker Ener1 Incorporated has been granted an interim court approval to borrow $13.5 million in reorganization funding. In a decision this past Friday, U.S. Bankruptcy Court of the Southern District of New York judge Martin Glenn denied … Continue reading
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Domestic Automakers Fare Poorly in New NADA Dealer Satisfaction Survey
According to a new survey by the National Association of Automobile Dealers, Hyundai, Lexus and Subaru dealers report the highest levels of satisfaction. Hyundai topped the list for the third consecutive time, and its affiliate, Kia, ranked fourth. Subaru took … Continue reading
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Demand for Chevrolet Volt Falls in Wake of NHTSA Investigation and Congressional Hearings
Despite its many accolades, including being named the 2011 Motor Trend Car of the Year, sales of the Chevrolet Volt fell below GM’s target of 10,000 units, and now some dealers are turning down shipments of the plug-in electric hybrid. … Continue reading
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Lexus Aims to Increase U.S. Sales by 21% this Year
Toyota Motor Corporation’s Lexus luxury brand is hoping to turn the tide of slipping sales with the launch of nine all-new and updated models this year. The automaker is also considering adding a seven-seat “people mover” as well as additional … Continue reading
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Chrysler Unveils 2013 Dodge Dart at Detroit Auto Show
Chrysler Group LLC has chosen the North American International Auto Show, in Detroit as the venue to unveil the 2013 Dodge Dart; its first compact sedan since the Neon which was discontinued in 2005. The Dart is also the first … Continue reading
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Pressure Mounting on Obama to Crack Down on Imported Chinese Auto Parts
A number of union groups and Midwestern lawmakers are lobbying President Obama to clamp down on auto parts imported from China. Referring to unfair trade practices begin engaged in by Beijing, Senator Debbie Stabenow (D-MI) urged the president to “stand … Continue reading
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Ford Seeks to Capture More of Mid-Sized Sedan Market with Redesigned 2013 Fusion
Since being launched in the U.S. market six years ago, the Ford Fusion has grown in popularity. With the new 2013 Fusion, Ford says it is now ready to take on all comers for the title of best-selling mid-sized sedan. … Continue reading
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More Fuel Efficient Engines and Stable Oil Prices Lowering Demand for Hybrids
In what can only be described as a sign of the times, the big news from the 2012 American International Auto Show could well be the lack of new hybrid models being launched. Automakers have turned their focus away from … Continue reading
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Ford Launches EcoSport Compact SUV in Asian Markets
Last Wednesday, Ford Motor Company launched its new EcoSport compact SUV in India, marking the launch of its new three-cylinder, 1-liter EcoBoost engine in that country. The EcoSport is one of eight new models Ford plans to market in a … Continue reading
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