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- The Year In Wheels: The Good, the Bad, the Green: Life is Pretty Good for Car Buyers With Hundreds of Vehicles to Choose From and Relatively Flat Prices
- The Sacramento Bee (12/29/2006)
- Dec. 29--Toyota was up, American car companies were down and more automakers began turning green, driven by soaring gas prices and consumer interest in environmentally friendly vehicles. There were also exquisite new cars and the promised return of American-made muscle, executive suite shake-ups, stockholder threats, factory closings, supplier rebellions and auto worker buyouts galore. But it was not a particularly good year to own a fleet of full-size sport-utility vehicles or be an auto worker at American plants in Rust Belt states.
- Detroit's Dreary December
- Business Week (12/29/2006)
- The auto industry is on track to end the calendar year much it has spent the rest of 2006: in a slump and observing the stark contrast between the ongoing success of Toyota on the one hand, and the still-plummeting sales and market share of the Detroit Three on the other.Those results would translate into total industry sales for 2006 of just 16.46 million units, down 2.8% from 16.93 million last year.According to Efraim Levy, a senior auto industry analyst at S&P, next year's figures could drop even further, to 16.4 million units [like BusinessWeek.com, S&P is a unit of The McGraw-Hill Companies (MHP)].
- Pittsburgh Post-Gazette Car Review Column
- Pittsburgh Post-Gazette (12/28/2006)
- Dec. 28--REDONE SILVERADO PICKUP WORTH A LOOK: If you're in the market for a pickup truck, be sure to consider Chevy's all-new 2007 Silverado. This truck is nice enough to restore the brand to the head of the list when it comes to haulers. This year, Silverados come in standard cab, extended cab and crew cab.
- Ford, Toyota May Team Up on Advanced Engine Technologies, Manufacturing: ; Source Characterizes Talks Between Companies As Being Preliminary
- Charleston Daily Mail (12/27/2006)
- Ford Motor Co.'s new CEO, Alan Mulally, has called himself "a disciple of the Toyota production system." Last week, he flew to Tokyo to meet with Toyota Motor Corp. Chairman Fujio Cho to discuss ways the two companies could work together on advanced engine technologies and other issues. "At this point, it's just a discussion," the source said.
- And Now: Ford and Toyota?
- Business Week (12/27/2006)
- Are Toyota Motor and Ford Motor working toward negotiations that could, eventually, lead to some kind of partnership between the two auto giants?That question was sparked this morning by a report in the online version of the Nihon Keizai Shimbun, a Japanese business daily, of high-level meetings between Ford's Chief Executive Officer Alan Mulally and Toyota's Chairman Fujio Cho.Unnamed sources in the report cited Ford's interest in Toyota's hybrid and fuel-cell powertrains, as well as the company's legendarily lean manufacturing processes.
- Could the Hybrid Hype Be Running Out of Juice?
- Sunday Gazette - Mail; Charleston, W.V. (12/24/2006)
- CHICAGO - Automakers are ramping up plans for more gas/electric vehicles, just as consumer interest appears to be waning. Demand for hybrids has fallen as fuel prices have eased off historic highs. The Toyota Prius, the most popular hybrid, starts at $22,175.
- Toyota's Closing In
- Columbian (12/24/2006)
- TOKYO -- Looking at the year ahead, there's no stopping Toyota. Soaring oil prices have drivers around the world snatching up gas- saving Toyotas with a reputation for reliability, like the Camry -- the best-selling car in the U.S. nearly every year since 1997 -- and the Corolla, the world's best-selling car. It posted a $11.8 billion profit last fiscal year, the fourth straight record income for Toyota.
- Title May Spell Trouble for Toyota
- Chicago Tribune (12/23/2006)
- Dec. 23--With Toyota Motor Co. expected to displace General Motors Corp. as the world's largest automaker sometime next year, analysts say the advantage of being No. GM, already closing auto plants and laying off workers, must struggle harder to return to profitability by turning out cars and trucks that people want, industry observers say. 1 so long," said David Cole, chairman of the Center for Automotive Research in Ann Arbor, Mich. Now, he said, the company must focus on making money rather than taking market share.
- Chrysler to Unveil Restructuring in February
- Tulsa World (12/23/2006)
- DaimlerChrysler AG's Chrysler Group will unveil a restructuring plan that includes job cuts and plant closures when it releases its 2006 earnings in February, a company official said Friday. The official, who did not want to be identified because he is not authorized to speak about the plan, said the restructuring won't be as drastic as in 2001, when Chrysler shed 40,000 employees with layoffs and the sale of component plants. Company spokesman Jason Vines would not comment on the plan, details of which were reported by The Detroit News on Friday.
- First Jeep Patriots Roll Off Line
- Buffalo News (12/21/2006)
- DaimlerChrysler AG's Chrysler Group on Wednesday launched production of the 2007 Jeep Patriot compact SUV, one of the new products it is counting on to boost sluggish sales.The Jeep Patriot is the company's 10th all-new vehicle this year and the third introduced at the Belvidere assembly plant, following the Dodge Caliber hatchback and the Jeep Compass crossover.It comes as Chrysler sales are down from 2005 and inventories of unsold pickups and sport utility vehicles are high.
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