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- Home of Future May Plug in to Car Power
- Oakland Tribune (4/10/2007)
- IMAGINE a car that powers your home during a blackout. Pacific Gas & Electric Co., joining a growing number of advocates for plug-in hybrid cars, showcased a converted Toyota Prius at an alternative energy gathering in Sunnyvale on Monday. "If there has ever been a place to start and capture the possibilities and imagination of consumers, California is the place," said Bob Howard, PG&E vice president of gas transmission and distribution.
- Hybrid-Vehicle Sales Keep Gaining Ground Nationwide
- Business Journal - Central New York, The (4/6/2007)
- SYRACUSE - According to the Green Car Congress (GCC), an organization that researches and promotes alternative energy, sales of hybrid cars in the United States show no signs of slowing.The Toyota Prius sold 12,227 units, making February 2007 the best month yet for the hybrid, which was first released in 2000. The February figures represent an 87 percent rise in Prius sales over the year earlier period.
- Kerkorian Makes $4.5 Billion Bid for Chrysler
- USA TODAY (4/6/2007)
- Spurned by General Motors last year, financier Kirk Kerkorian launched a $4.5 billion offer Thursday to buy DaimlerChrysler's troubled Chrysler Group.The 89-year-old Kerkorian's offer, made through his privately held company, Tracinda, takes an unusual approach by offering "a substantial portion of equity" to the United Auto Workers union in return for being released from some of Chrysler's health care cost liability.The offer came 12 years to the week after Kerkorian's last attempt to buy Chrysler, which makes the Chrysler, Dodge and Jeep brands.
- Redesigned MDX Melds Comfort, Agility
- Virginian - Pilot (4/6/2007)
- Just off the coast of Jacksonville, Fla. resides Amelia Island, a 13-mile spit of land that has seen many visitors in its time, from pirates and bootleggers to Jose Marti, the Carnegies and Duke Ellington. Joining the list every March are thousands who flock to the Amelia Island's Concours d'Elegance , one of the country's leading classic car shows. This popular car-based SUV, introduced in 2001, has been redesigned for 2007, resulting in enough fun to qualify the MDX for a spot in your own personal car show.
- Crossovers' Appeal Grow in SUVs
- The Daily Oklahoman (4/5/2007)
- Apr. 5--With the look of a sport utility vehicle and the fuel efficiency of a smaller car, it's no wonder consumers are starting to switch to crossover vehicles. By combining space and reasonable gas mileage, crossover vehicles have become the fastest-growing vehicle segments, and auto dealers don't expect their popularity to run out of gas anytime soon. "I wouldn't expect the crossover vehicle to go away," said Greg Long, purchasing manager at the CarMax retail store in Oklahoma City.
- Ford to Cut Number of Dealers
- Buffalo News (4/5/2007)
- Ford Chief Executive Alan Mulally said Wednesday the company's sweeping turnaround plan remained on track but the automaker needed to pursue consolidations within its dealership network to improve its fortunes.Mulally, speaking to reporters at the New York International Auto Show, also suggested "our wages and benefits are not where they need to be to be competitive" in advance of significant contract talks this summer with the United Auto Workers.In a speech opening the auto show, Mulally billed it "the biggest home improvement loan in the history of mankind."
- U.S. Automakers Lose Market Share
- Evansville Courier & Press (4/4/2007)
- Toyota's U.S. sales jumped 11.7 percent last month, boosted by record hybrid sales and strong overall car sales, and fellow Japanese automakers Honda and Nissan both reported solid gains. But GM's sales fell 4 percent while Ford posted a 9 percent decline and DaimlerChrysler fell 4.1 percent.The numbers Tuesday come as the domestic automakers have seen Asian rivals led by Toyota capture growing shares of the U.S. market.
- Automakers Face Off Over Pickup Buyers
- USA TODAY (4/4/2007)
- A brewing truck war is resulting in some big discounts for pickup buyers as automakers work hard to keep their sales numbers afloat.Japan's Big Three -- Toyota, Honda and Nissan -- reported healthy sales gains in March, while Detroit's Big Three -- General Motors, Ford Motor and DaimlerChrysler -- reported declines. GM, Ford and Chrysler Group are trying to fend off a challenge in the full-size segment from Toyota's redesigned Tundra, which was launched this year with a lavish advertising campaign.
- Toyota's Sales Jump While GM, Ford Fall
- Associated Press/AP Online (4/4/2007)
- DETROIT - The best monthly sales performance ever for Toyota and gains by fellow Japanese automakers Honda and Nissan helped the industry in March top last year's best month for U.S. sales despite declines by GM, Ford and DaimlerChrysler.The overall rise in U.S. sales came despite GM and DaimlerChrysler's sales falling about 4 percent each, and Ford posting a 9 percent drop. 2 U.S. sales spot for the month, and Ford regained from GM the claim to having the nation's top-selling pickup truck, even though F-series sales fell 15.1 percent.
- Car Buyers in March Turn to Frugal Vehicles
- The Press-Enterprise (4/4/2007)
- Apr. 4--U.S. consumers wary of rising gasoline prices gave automakers some bright spots in a mostly downbeat sales picture for the month of March, with fuel-efficient hybrid vehicles and smaller "crossover" SUVs among the biggest gainers year-over-year. Toyota Motor Sales led the pack among automakers reporting U.S. sales Tuesday, with 242,675 vehicles sold in March, up 7.7 percent from March 2006. Its rivals didn't fare as well, with General Motors posting sales down 4.2 percent (to 349,867); Ford down 9 percent (to 264,975); and DaimlerChrysler down 4.1 percent (to 228,047).
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