Posts Tagged ‘Car Manufacturers’
March Auto Sales Predictions
Lauren Woods asked:
Edmunds.com, the leading online source for auto information, released its prediction on auto sales for the month of March. The online company predicted a three percent reduction in sales this month compared to March 2006.
Experts forecasted a 1.48 million sales output for this month. This prediction is released as the end of the month looms and car makers prepare to make public their sales output for the month.
This year’s March has 28 selling days which is one more than last year. Even with the extra selling day, Edmunds.com still predicts that sales this month will be lower than that of last year. For the extra selling day, Edmunds.com forecasted adjusted and non-adjusted sales figures. The report shows predicted sales figure for the Big Three U.S. car manufacturers and for the three biggest Japanese and Asian auto makers.
For Chrysler, Edmunds.com predicts a reduction of 9.6 percent in sales when adjusted for more selling days and a 6.2 percent reduction when unadjusted. Ford seems to be facing yet another blow if Edmunds.com’s prediction comes through. Ford is predicted to post a 20.2 percent reduction I sales compare to last year’s March when adjusted and 17.2 percent decrease when unadjusted for the extra selling day.
General Motors, completing the U.S. triumvirate, is also predicted to decrease on its sales with a reduction of 4.8 percent adjusted and 1.3 percent decrease unadjusted. The prediction for the Big Three still shows that they have yet to address the challenge being posted by Asian rivals in the auto market.
Asian brands on the other hand are predicted to increase sales when unadjusted. Edmunds.com predicts that Honda will sell 3 percent more units than their output last year if the computation is not adjusted to the extra selling day. If adjusted though, the Asian brand is predicted to post a 0.6 percent reduction compared to last year.
Nissan, another Japanese brand is seen to post a 1.1 percent improvement in sales for the month when unadjusted. When adjusted though, the prediction shows a 2.5 percent reduction. The surging Toyota still looks dominant as it is predicted to post a 4.9 percent increase if the computation is adjusted for the extra selling days, if the computation is unadjusted, Toyota will post an 8.8 percent improvement.
This shows that the Asian brands are still cruising into the heart of the U.S. auto market as steady as an engine equipped with a Subaru cold air intake system.
Jesse Toprak, the Executive Director of Industry Analysis for Edmunds.com, has this to say about the predicted reduction in sales for this month: “This month, the industry faced debilitating winter storms, less compelling marketing messages and reduced fleet sales, so it is no surprise that year-over-year comparisons reflect a relative downturn. Nevertheless, I believe we are still on track for annual sales volumes of approximately 16.5 million vehicles, along the lines of what we saw in 2006.”
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March 2007 U.s. Auto Sales Increased
The association of car manufacturers reported that U.S. car sales for the said month increased by 0.8 percent as compared to March of last year. Last month, 1,542,229 new cars have been sold in the United States alone. The said figure is the total sales output of the Big Three and other international car manufacturers doing business in the United States.
Breaking down the figure between U.S. based car manufacturers and international brands, AIADA reported that the international brands are closing in on the Big Three in terms of the U.S. auto market share. Collectively, international brands posted an 8.8 percent increase in sales compared to their total sales for the month of March in 2006.
Currently, the U.S. car manufacturers still control the majority of the U.S. market with 51.6 percent under their belt. Meanwhile, international brands continue their surge by taking 48.4 percent of the U.S. auto market. If the current trend continues, international brands will be on their way to take the majority of the U.S. auto market just like what experts in the industry has projected.
The U.S. auto market is still being dominated by General Motors which is currently the largest car manufacturer in the world. The Michigan based automaker grabbed 22 percent of the U.S. auto market last month. Last year, the Detroit auto giant controlled 23.3 percent of the market. Following General Motors on the leader board is fellow Michigan based Ford Motor Company. The outfit headed by Alan Mulally takes hold of 16 percent of the U.S. auto market.
Close behind FoMoCo is the surging Toyota which now has 15.7 percent of the U.S. auto market. It can be remembered that experts in the auto industry expects the Toyota Motor Corporation to overtake Ford in the U.S. before the end of this year. And by looking at the current market shares of Ford and Toyota it would seem that their prediction will come true and not even a high quality brake from Active Brakes Direct can stop the Japanese brand.
Behind General Motors, FoMoCo, and Toyota is the troubled Chrysler Group. The member of the Big Three takes control of 13.4 percent of the U.S. auto market. The car manufacturer can be remembered to have announced the closing of plants and reducing their workforce. Those steps can lead to further shrinking of their U.S. auto market share. If the Chrysler Group continues their downward slide, it would only be a matter of time before another Asian brand overtakes them.
Honda sits behind Chrysler in the leader board with 9.3 percent of the U.S. auto market. Honda’s rivalry with Toyota can further increase their sales output as they come up with more and more popular models. Another Asian brand follows Honda in the leader board and it is Nissan, the counterpart of Chrysler in the Japanese auto market now has 7.2 percent of the U.S. auto market for the month of March.
By: Anthony Fontanelle
About the Author:
Anthony Fontanelle is a 35-year-old automotive.buff who grew up in the Windy City. He does freelance work for an automotive magazine when he is not busy customizing cars in his shop.
The Disadvantages of Owning a Hybrid Car
Anthony Bradley asked:
It might not be what you want to hear, but there are some negatives to owning a hybrid car, but then again some of them are fairly insignificant. Even so, you might want to know about what disadvantages there are to owning a hybrid car. But don’t get too worried. The disadvantages are not that bad.
Hybrid cars are more expensive.
Only a small percentage of consumers say they will buy a hybrid for their next car purchase. That’s probably because hybrid cars are comparatively expensive. Another reason is that many people are a little concerned about buying a car that depends so heavily on a battery pack like a hybrid does. Why are they so concerned? They are understandably nervous about what would happen if the battery pack failed. You can’t really blame them as hybrid car battery packs are usually very expensive, and would cost a lot to replace if not covered by a good warranty.
There’s some doubt about the value of hybrid cars
Some people think hybrid cars are good for the environment and that everyone should have one, but some people beg to differ. There is lots of research being done out there to see what people really think about hybrid cars, and its easy to be swayed by the latest opinions but you need to weigh up the pros and cons for yourself. Buying a hybrid car is just like buying a normal car. There are pros and cons to every type of car whether it is a hybrid or not. Don’t expect all hybrid cars to be perfect as there is no such thing as a perfect hybrid car yet because it is still fairly new technology.
Are hybrid cars just a trend?
Called the “wave of the future,” it may seem like hybrid cars are really cool cars to have right now. And it’s true. Although they are now on the cutting edge of automotive technology, hybrid cars may soon be outdone by something better. Car manufacturers are constantly working on creating more fuel-efficient cars, so who knows what’s around the corner?
Hybrid car manufacturers say their battery packs will last a lifetime, but will they?
Ever bought a warranty and then had something happen to your car that wasn’t covered? Even though a hybrid’s battery is supposed to last a lifetime, chances are, something unforeseen might happen that will negate this warranty. How much does a hybrid battery cost? A lot. Of course, there’s risk involved when you make any car purchase, but with the hybrid car, there are risks you never thought of. Just make sure that you are aware of this when thinking of buying a hybrid car.
The bottom line is this. Before buying a hybrid car, you should understand that you are buying into a new technology that is still passing through a teething stage. Therefore, who knows what surprises this new technology might throw at us? Nobody really knows if hybrid cars are the future of motoring but at least they are a start. After all, you don’t see many people driving a Model T Ford around nowadays but they did jumpstart the age of the motor car so who knows where hybrid cars will lead us?
Once thing is for sure though. The gas-powered combustion engine will one day go the way of the Dodo, especially with the rising cost of oil, and hybrid cars are a step towards that day.
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Hybrid Cars Tax Rebate: The Benefits You Get When You Own a Hybrid Car
Hybrid cars are one of the latest innovations in the car industry today. Because of the rising cost of fuel, car manufacturers have integrated the hybrid technology in their cars. The concept of the hybrid engine technology is actually very simple to explain. Although hybrid cars still use fuel, it can efficiently save it. This is because the hybrid technology combines the electric motor technology with the gasoline engine.
With the hybrid technology, it allows consumers to save as much as 30 miles a gallon on fuel. The main advantage of hybrid cars is when the car stops or when it is running on idle mode, it automatically shuts off the gasoline engine. However, the car will continue running but it will run on the electric motor. Therefore, it saves a lot on fuel. Just imagine being stuck on traffic, with the hybrid technology, you will never waste precious and expensive fuel when the car is running idle. This is also the reason why hybrid cars are so quiet when it is stationary. When you step on the accelerator, the gasoline engine automatically turns on again.
Another reason why hybrid cars are now preferred by most people is that it emits lower levels of toxic emissions. This means that hybrid cars are environmentally friendly. Just imagine, if all people would start using hybrid cars, it will lessen the emission of carbon dioxide. For this reason, it will effectively stop global warming.
Because hybrid cars can both help in saving precious fuel and reduce the emission of toxic fumes, the government is now taking all the necessary steps to promote the hybrid technology. The consumer who owns a hybrid car can enjoy more benefits than you may imagine. Not only will they save a lot of money on fuel, and help produce a cleaner environment, but they can also enjoy tax rebates.
Back in 2005, the President of the United States signed an agreement back in the year 2005 that says that hybrid car buyers will be able to enjoy large amounts of tax relief. However, the amount of money you will save on the tax incentives will also vary on the hybrid car you purchase.
The first one you have to consider when getting a tax break is that it will depend on the fuel efficiency of the hybrid car you purchased when you compare it to a conventional car in the same weight class manufactured back in the year 2002. The more it saves fuel, the bigger the tax break will be.
The tax break imposed on a hybrid car will also vary on the amount of gasoline that the hybrid car can save in its total years of operation when it is compared to a conventional car in the same weight class. The more gasoline it saves, the bigger your tax relief will be.
It is a fact that hybrid cars can be expensive. However, just think about the long term benefits that the hybrid car can give you. If you calculate overall total expenses of a hybrid car and compare it to the total expenses of a conventional car during its lifetime, you will see that you can save more money on fuel. You will also save money on taxes. You will see that purchasing a hybrid car is definitely a good investment that all people should consider.
Not only will you be able contribute in producing a cleaner environment and save a lot of money on precious, expensive and limited supply of fuel, but you will also save a lot of money on tax rebates for hybrid car buyers.
2009 International Auto Shows – Fantasy of Car Lovers
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