Automakers Hike Prices of Vehicles 1st April 2010

Various automobile companies have announced an increase in the prices of their vehicles from the 1st of April, 2010. This decision came as the new Bharat Stage emission norms come into effect from April 1st and the new automobiles that would be hitting the roads soon will require modifications to be compliant with the latest BS-IV norms.

Car majors like Hyundai Motors will increase the prices of diesel vehicles by 3% and prices of petrol run cars by 1.5%. General Motors, has made it clear that the company would be hiking the prices by 1.5% and the hike in prices will vary between Rs 600 and Rs 11,000."

The other auto companies who are increasing the prices of the vehicles include Tata Motors, Toyota Kirloskar Motor and Skoda Auto India. Tata Motors though has not announced any hike yet, but has also made it clear that there will be an hike in the products but at the right time. Toyota Kirloskar Motors will increase the prices between 1% and 3%.

While every automaker is announcing the price hike in vehicles, India's most popular automaker Maruti Suzuki has no plans at present to increase the rates of its products.

A Glance At Geneva Auto Show 2009

For all those auto lovers who could not make it to the Geneva Auto Show, here is a look that would provide a glimpse of this auto show. This automotive show was held from 05th March, 2009 to 15th March, 2009. Organized at Geneva Palexpo, Switzerland, the auto show showcased some of the amazing concept cars and other alternative powered cars this year. Scroll down to have a quick look at some of the moments of the 79th International Motor Show - Geneva.

Opening Ceremony

Atmosphere At Geneva

Stupendous Cars At The Geneva Auto Show

Image Source - Geneva Auto Show

Auto Repair Shops Gain While Automakers Loose

Its true that economic recession has not left any industry untouched. The most badly affected is of course automotive industry. But despite the increasing industry gloom, there is a wing that has been consistently making profit. Wondering about it? Friends, its the auto repair shops and centers worldwide.

On one hand, when even the major automakers are facing heavy losses and are on the verge of bankruptcy, the auto repair centers are making the optimum utilization of this opportunity to make money. Being cash-strapped, the consumers are unable to buy any new car and this fact has been a boon in disguise. Car owners are taking their old cars to repair shops that in turn is helping repair centers make ample money.

Obviously, its always a wise decision to cling on to the money that you have in economic recession. With a number of job losses every month, one never knows what happens next. Save money. You may also try these fuel saving tips and save money.

Used Cars – Making Great Business

Since, no one has money at present to spend on any new vehicle, people are preferring used cars instead of new ones. Different car owners are getting a fair amount for their old cars. The centers that deal in old cars are cracking great deals for used cars. Inflation in buying of used cars is directly proportional to increase in business of auto repair. People buying used cars are taking their vehicles for repair to these centers. Good, for the repair center owners!! Atleast someone is gaining through amidst this recession.

Toyota to Reveal 2010 Tundra Pickup at 2009 Chicago Auto Show

Toyota Motor Sales (TMS), U.S.A., Inc., today debuted the 2010 Tundra full-size pickup truck and an all-new 4.6-liter V8 engine at the 2009 Chicago Auto Show.

On display are two new packages, including the debut of an all-new Tundra Platinum Package and the recently announced Tundra Work Truck. Value will be enhanced on all 2010 Tundra models with the addition of standard and optional exterior, mechanical, safety and convenience feature upgrades. The 2010 Tundras will arrive at dealerships in April.

The new 4.6-liter V8 engine will be available on all 2010 model year Tundra models. With 310 horsepower, 327 lb-ft. of torque and internal preliminary fuel efficiency estimates of 15 mpg city and 20 mpg on the highway, the new automobile engine is expected to deliver the best combination of power and fuel economy among any standard V8 in the full-size pickup segment. Like Tundra's optional 5.7-liter V8 engine, the new 4.6-liter V8 will be mated with a six-speed automatic transmission.

Source: Toyota

Top 5 Cars at Detroit Auto Show 2009

Just two days left for the North American Auto Show to end. The auto event commonly known as Detroit Auto Show ends on 25th January. A number of cars were unveiled this season and some of them pulled in heavy traffic for themselves. Here is a glance at the 'Top 5 Cars at This Detroit Auto Show'.

CadillacSRX


Mercedes-Benz E-Class


BMW Z4


Audi Sportback Concept


Hyundai Genesis

Porsche Presents - A Museum of Its Own

It's an exclusive museum just for "Porsche". The museum is almost ready for its inauguration ceremony that is to be held on the 31st January, 2009. The Porsche Museum in Stuttgart-Zuffenhausen is being promoted as "one of the greatest and most spectacular building projects in the history of Dr. Ing. h.c.F. Porsche AG."

With spectacular photographs and eye catching snaps, the museum will definitely pull in a number of auto lovers from automotive industry. The museum is spread over 60,000 sq feet that offers ample space for displaying 80 cars. Visitors are definitely kept at the top while designing the museum. The fact is very much evident from the fact that there is a restaurant and coffee bar for the visitors to take a break.



And if, you wanted to have a glance on the restoration of the cars, then you dont have to go to any car maker's factory. A glass-walled workshop offers you the true view of cars undergoing active restoration.

Chrysler Forms Tie up With Fiat

Experiments are not new to Chrysler – one of US biggest automaker. Over the past years, Chrysler has come up with new owner and new management, but this time its a 'Business Alliance'. Chrysler has formed alliance with Italian automaker FIAT. This tie-up is being seen as lifeline for Chrysler that was recently on the verge of filing bankruptcy.

With this deal, the Italian automaker will have 35% of Chrysler. The other benefits that this alliance will offer include regaining of Alfa Romeo and Fiat in U.S markets. This would be possible through Chrysler's dealership network.

What is that will benefit Chrysler through this business alliance. Fiat will offer Chrysler product & platform sharing, small and big cars and would also bring fuel-efficient technology and the engineering that goes into its small cars.

Commenting on this agreement, Chrysler chairman, Robert L. Nardelli said, "It creates the potential for a powerful, new global competitor, offering Chrysler a number of strategic benefits.” It is believed that such an agreement between the automakers would help them develop a better business. Now this is to be seen that whether Fiat comes out to be a lifeline for Chrysler or not.

Green Cars at Detroit Auto Show 2009

Its an auto trade show full of green cars. The concept that began with various auto shows still carries its charm that is evident from the ongoing North American International Auto Show 2009 being held at Detroit, Michigan.

Have a look at some of the green cars that are stealing the limelight at Detroit Auto Show 2009.

Honda's new Insight
This all new Insight gas/ electric hybrid sedan has already created much hype about its new look and features. This new Insight has all the features required from unique sleek body to responsive transmission. This five seater is backed with easily maneuverable feature.

Toyota's 2010 Prius
A new version of the present Prius, the 2010 Prius comes with restyled look and definitely gives better gas mileage.


Chevrolet Cruze
This new concept from Chevrolet surely has the oomph factor and is a head turner at the Detroit Auto Show this year.


Lexus HS250h
A hybrid, this car from Lexus has all the luxurious features and feel to create a great impression in the auto industry.

Milestones – Detroit Auto Show 2009

Auto events like Detroit Auto Show have been popular over several decades. The show first began in 1907 and has been one of the most successful auto shows in the automotive industry. Organized annually, the Detroit Auto Show has set some remarkable milestones in its journey. Here is a glimpse of some of them:

1907 → First Auto Show at Riverview Park

1957 → This year, Detroit Auto Show turned International. This year the international auto manufacturers went on to display their wares.

1957 → Different big automakers of today Chrysler, Ford and GM joined the show and displayed their models BMW, Jaguar, Mercedes-Benz, Porsche and Volvo.

1965 → The auto event changed its location to Cobo Exhibition Center in downtown Detroit.

1988 → The auto show was expanded as the Cobo Hall was doubled in size.

1989 → This year brought a major change in the show's history. The name of Detroit Auto Show was changed to the North American International Auto Show (NAIAS).

Mid-1990's → Design Forum of NAIAS developed ethical business relations with various automobile industry designers.

Mid-1990's → North American Car and Truck of the Year Awards made a debut

2004 → The year became the launching dais of 79 new vehicles out of which 55 made their world debuts.

1989 - 2008 → More than 856 new models have made their debut.

1980 - 2005 → The Charity Preview of Detroit Auto Show have raised around $60 million that is used for children's charities.

Detroit Auto Show 2009 Opens Amidst Industry Gloom

The North American International Auto Show 2009 that is better known as Detroit Auto Show opened on 11th January, 2009 on Sunday. The show is aimed at generating higher business to automobile fraternity. This show that opens on 11th of Jan will run till the 25th of January, 2009. Annual auto trade show, it is considered a major trade event.

The journey of this auto show dates back to year 1907 when the first Detroit auto show was organized. The venue for the show was a beer garden in Detroit and there were only 17 exhibitors showcasing a total of 33 vehicles.

It is expected that this year the North American International Auto Show 2009 will witness more than 700, 000 visitors from across the globe. The money gained through this auto show will be given to children's charities. In the year 2008, the show made $6 million that was also forwarded for the same noble cause. With latest technologies, amazing concepts and interesting news, the auto event is ready to rock the automotive sector. The show at present is open for Press Preview till 13th January, 2009.

Here are some important information about Detroit Auto Show 2009 that would be of your help :

• Show Date - 11th Jan - 25th Jan, 2009
• Press Preview - January 11-13, 2009
• Industry Preview - January 14-15, 2009
• Charity Preview - January 16, 2009
• Public Show - January 17-25, 2009
• Dates and Time -Saturday, January 17 - Saturday, January 24, 2009
 - 9 a.m. - 10 p.m. and Sunday, January 25, 2009 - 9 a.m. - 7 p.m.
• Venue - COBO Convention Center, One Washington Boulevard, Detroit, Michigan, USA
• Organizer - North American International Auto Show, LLC, 1900, West Big, Troy, Seychelles.
• Telephone - +(248)-(248)-6430250
• Fax - +(1)-(248)-6370784
• Ticket Pricing -- Adult - $12 ; Senior Citizen - $6 ; Children (7-12) - $6
  

While the worldwide auto industry economic condition has come to a halt, the Detroit Auto Show is expected to bring back the lost consumers and clients to the automakers.

Auto Industry Shifting Focus On Natural Fibers

Natural fibers are increasingly becoming popular in the automotive sector. European nations have been utilizing natural fibers in the auto parts manufacturing processes and American is also following its footsteps now. The varied advantages of using natural fibers like coconut husk, hemp, flax, jute, etc. are many.

Low cost and renewable – these are the two most important benefits that have given natural fibers a lift in the auto industry. Since these fibers are eco-friendly and will reduce our dependency on non – renewable resources, different automotive parts manufacturers are showing their interest in these products.

Read more at Automotive Components & Parts

US Auto Sales Slump in 2008

2008 – Year of Ailing Auto Industry

The loss is immense and it would be difficult to come over it. Automobile sales in US in the year 2008 has slumped to level like 16 years. All the major automakers suffered huge losses. Last year the US automakers together reported to have domestic sales below 50% thats is 47.5%. This percentage is the least in the past one and a half decade.

Sales of Automobiles Plummet

All the automakers of US have reported to have downturn in their auto sales ratio. There has been significant low in the sales rate of all the automobiles like cars, trucks, hybrids and any other vehicle. The monthly as well as annual sales figures give a clear idea of the loss in the sales figure. The world's biggest automaker reported 28% in auto sales, Ford Motor Co. reported 22% , Chrysler LLC 30% and Honda Motor Co. by 8%.

Here's a Look at the Sales Percentage of The Automakers

% of Downfall in Sales in December

• GM by 31%
• Chrysler by 53%
• Ford by 32%
• Toyota by 37%
• Honda by 35%
• Jeep Wrangler by 29%
• Jeep Liberty by 27%
• Dodge Nitro to 51%

Downfall in Sales % in Annual Sales in 2008

• General Motors Corp. by 28%
• Chrysler LLC by 30%
• Ford Motor Co. by 22 %
• Toyota Motor Corp. by 15%
• Honda Motor Co. by 8 %
• Jeep Liberty were off 27%
• Jeep Wrangler declined 29%
• Dodge Nitro fell 51%

Automobile Industry In Year 2008

2008 brought in its wings some crucial setbacks for the automotive sector. The global recession has hit the industry badly bringing some major automakers to the verge of bankruptcy. Reports state that almost every nation's automobile industry is finding it difficult to survive with financial aid from government. Auto sales in major manufacturing regions have slumped.

$4 Billion Loan Given to Chrysler

After GM received the auto loan, it's Chrysler's turn. Chrysler LLC got $4 billion loan on Friday. The loan was given by federal government in order to rescue the automaker from collapse. The $4 bn loan is provided on low-interest to Chrysler. Though Chrysler had urged for at least $7 billion loan, it has been given just $4 bn of the total $ 17.4 auto loan that was approved by the Bush government. Chairman and Chief Executive of Chrysler, Robert Nardelli said,"This initial loan will allow the company to continue an orderly restructuring, while pursuing our vision to build the fuel-efficient, high-quality cars and trucks people want to buy,"

According to sources, there were few issues in Chrysler's application process that delayed the loan procedure for Chrysler. The recession in auto industry has affected the automaker badly. With the news of auto loan of Chrysler, it is hoped that Chrysler will get a little better.

Sizzling & Striking - Mercedes-Benz SLR Stirling Moss

Its first look is sure to let your heart racing. Here is a glimpse of the much talked about "Mercedes-Benz SLR Stirling Moss". This car is sure to stun you with its much awaited features and varied benefits. To start with, the first one is that this Stirling Moss offers 62mph in just 3.5 seconds.

There are others cars in the auto industry that can beat it on 217mph. But, you need to notice that Mercedes-Benz SLR Stirling Moss can deliver this mileage without roof, windshield and windows. The car comes with a SLR base and also does not have roof and glass. Similar to SLR Roadster, the bodywork of the car is made from carbon fiber. The latest model from Mercedes- Benz is being termed as a bona-fide racing legend. Click here to know why this car is known as Stirling Moss.

$6bn More Auto Aid For U.S Auto Industry

It seems it is time for General Motors to rejoice. The US government has made the announcement for expanding the auto bailout of the auto industry. The government will provide an additional auto aid of $6bn. This auto aid will definitely make a huge difference to GMAC. $5bn out of this auto aid would be given to GMAC that is the finance arm of General motors. The remaining $1bn would be given to GM which would use the money to buy shares in GMAC. While funding the auto aid of $6bn, the government has also warned the automakers to use the money judiciously. It has also asked the companies to put forth restructuring plans as soon as possible. If not so, the automakers might have to face bankruptcy by the month of March.

These steps are being taken to bailout the auto industry from global economic recession and automatically suffering from heavy losses. In the first week of December, the US government had pumped in $17.4bn for the survival of U.S auto companies. The government had clearly stated that its can't afford to let the Big Three automakers die. $13.4bn of that auto aid was for the biggest automaker of the world General Motors, that was on verge of bankruptcy prior to bail out.

Year 2008 - Best Electric Car – “Tesla Roadster”

Year 2008 witnessed a number of cars, but those who stole limelight were electric, hybrid cars and concept cars. Amongst all the electric cars launched this year, Tesla Roadster is the best one. This sleek and small model car is not only attractive but also offers a number of features. There are a number of unique features that make these cars special and best electric car of year 2008.

Tesla Roadster is 100% electric sports car with zero emissions . This car offers 135 mpg equivalent , 220 miles per charge. Whereas the horsepower and RPM is 248 and 13, 000 respectively. The car tires and battery of this electric car are recyclable and hence are eco friendly. The battery of this electric car gets fully charged in 3.5 hours. This ultra modern car costs less than 2 cents/ mile and hence helps you save money. The other attractive features include touch-screen navigation, 16″ front, 17″ rear & spoke wheels . It also has all the features for your entertainment like 7 speaker, ipod and 170 channel satellite stereo .

Roadster is an electric car with carbon fiber body and has heated leather automotive seats that come with inflatable lumbar support. The most important advantage of this electric car is that being electric it requires no oil. Well, there is another important advantage that will gives these cars an over the other electric cars and that is – Tesla Roadster requires maintenance after every 12, 000 miles. Wow, that would definitely bring a smile on your face. So, are you really interested in this electric car? I hope so, the last piece of information for you – Price of the car – it is $109, 000.

Year 2008 and Automotive Industry

Its festive season and the countdown has begun for the new year. Another seven days to go for year 2009. How was this year for automotive components and parts industry? Find out the latest innovations in the auto industry, new cars, interesting facts about the auto trade shows, all the latest happenings this year. From industry news to new launches, you can find various interesting information here.

Year 2008 had in its disguise a number of incidents. On one hand this year the US Big Three automakers suffered from major loss and on the other it was a year for hybrid cars. The upcoming posts will cover different interesting automotive industry news. Keep tuned in to find out the hot n happenings of automotive industry.

Deal with UAW Chief Before Seeking More Auto Aid

It seems that asking for more auto aid from the treasury department will be a difficult task for the U.S automakers - G.M and Chrysler. Ron Gettelfinger, president of United Automobile Workers Union is adamant on not letting concessions take effect. He had refused to cut down labor wages or benefits. Bush administration had earlier demanded a number of concessions from unions before any money is given to the automakers. Responding to the Bush administration's demand, UAW chief said, "We are disappointed that he (Bush) has added unfair conditions singling out workers." he also expressed his discontent with the present administration and said that he would go to the Obama Administration that projects itself as more labor-friendly.

Canada Follows The Footsteps of U.S Government, Provides $4bn Loan

After US Government announced to provide $17.4bn to the save the automakers from bankruptcy, different nations have also got up from their sleep. Canadian government's has also stepped forward to provide emergency loan to the auto industry. The $4 billion auto loan that has been promised by the government will definitely give a boost to the automakers. Though the amount is mere 20% of that provided by the U.S government, it would prevent the automakers from collapsing.

Prime Minister of Canada Stephen Harper indicated that besides the $4 billion emergency loan, the government would also extend additional insurance to auto parts makers. The government is also on the lookout to come up with a program to finance consumer loans for new car purchases. Mr. Harper said, “I will not fool you, There is obviously money at risk here and there may well be more money at risk going forward. There are literally across the country hundreds of thousands, if not millions, of potentially affected families by the distress of this industry, We don’t want a package that simply helps the Detroit Three,”

While the governments are providing loans, the status of labor agreements between the car companies and the Canadian Auto Workers Union is still undecided. Earlier, the Canadian Union had refused to agree to a wage system by the United Auto Workers according to which new employees would work on a lower wage scale.