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Detroit Auto News

August 17th, 2006

Ford looks to cut back dealership numbers
Detroit Free Press – an aggressive effort to reduce the number of Ford, Lincoln and Mercury dealerships in 18 markets — including Detroit, the But automakers typically have difficulty persuading dealers to voluntarily close their stores, which provide robust profits to

Toyota tops in dependability study
Warren Tribune Chronicle – DETROIT Automakers continued to make strides in a closely watched vehicle dependability study, with mainstream brands closing in on luxury nameplates, J.D. Power and Associates said Wednesday. Japan s Toyota Motor Corp. won top honors in eight

Ford to Focus on N. America Turnaround
Associated Press – DETROIT (AP) — Ford Motor Co. is trying to stay focused on its North American turnaround amid a drumbeat of bad news this But Japanese automakers continue to add pressure. Last month, U.S. sales at Ford, GM and DaimlerChrysler AG’s Chrysler Group

Hybrid owners get lobby
Detroit News – Could Detroit possibly still not be getting the message? Even as Toyota and other automakers respond to the public’s clear appetite for increased fuel efficiency, U.S. automakers are actually introducing heavier and heavier cars that gulp gasoline

Ford,GM falling behind in profits
Pasadena Star-News – And it isn’t the only trend bedevilling Detroit. Big 3 sales are lagging at home, too. Last month, for the first time The shrinkage of the Big 3 is occurring as automakers confront customer demand for more fuel-efficient vehicles. The Japanese



Hyundai Latest News

August 16th, 2006

Hyundai offers special finance scheme for Getz
Moneycontrol.com, India – Aug 9, 2006Hyundai Motor India on Wednesday launched a special structured finance and buyback scheme for its premium compact car Getz in select markets. …

Hyundai sees room for more US market share gains
Reuters – Aug 10, 2006… since June 2003. He joined the Company in April… Full Bio. TRAVERSE CITY, Mich., Aug 10 (Reuters) – Hyundai Motor Co. Ltd. (005380 …

Hyundai Motor Says 2Q Profit Fell
Houston Chronicle, United States – Aug 6, 2006SEOUL, South Korea Hyundai Motor Co., South Korea’s largest auto maker, said Monday its net profit tumbled 37 percent in the second quarter from a year ago …

2007 Hyundai Santa Fe
Automobile Magazine – Aug 15, 2006… overlooked. But for the 2007 Hyundai Santa Fe, they’re indicative of a larger problem. … touches. That’s not to say Hyundai isn’t trying. …

Stronger won hurts profits at Hyundai, Kia
Toronto Star, Canada – Aug 7, 2006Hyundai Motor Co., South Korea’s largest auto maker, said its second-quarter profit tumbled 37 per cent from a year ago as the strong South Korean currency …



Hyundai in the news.

August 15th, 2006

Hyundai has been growing as a car company, and with the quality improving, has become a major player in the automotive market.  Here is some current Hyundai news headlines…
Asian Stocks Rise, Pushing Nikkei to 10-Week High; Canon Gains
Bloomberg – Aug 13, 2006… Hyundai Heavy Industries Co., the world’s largest shipbuilder, rose 0.9 percent to 110,000 won after saying second- quarter net income surged more than …

Strong won hurts net at Hyundai
International Herald Tribune, France – Aug 7, 2006SEOUL Hyundai Motor, the largest South Korean automaker, reported a 37- percent drop in its second-quarter net profit Monday, as a stronger won, labor unrest …

Hyundai posts 37% fall in Q2 profit
Earthtimes.org – Aug 7, 2006SEOUL: Korean auto maker Hyundai Motor Co. posted a 37 per cent fall in its second quarter profit and the company said weaker domestic …

Beijing Hyundai faces fraud claim
People’s Daily Online, China – Aug 8, 2006Beijing Hyundai, the joint venture between South Korea’s biggest carmaker and Beijing Automotive Industry Corp, was yesterday sued by 68 buyers of its Accent …

Hyundai being sued in China
Monsters and Critics.com, UK – Aug 10, 2006BEIJING, China (UPI) — South Korea`s Hyundai Motor Co. is being sued in Beijing by owners of its Accent subcompact model. Plaintiffs …



Automotive Headlines

August 15th, 2006

Greater NY Auto Dealers Announce New Chairman
The Auto Chanel – Sheila Meyer, the dealer principal of Meyer Chevrolet (Middle Village, Queens, NY) was sworn in this week at a formal ceremony held at GNYADA’s Center for Automotive Education & Training in Whitestone, Queens. “The 650 franchised automobile

Young driver making his way
Enid News & Eagle – His intent is to attend High Plains Technology Center in Woodward, where he will study automotive technology during high school. I would love to be able to eventually race full-time and be successful enough to make a living at it, said

Ford to consolidate dealerships; Boston named as likely target market
Boston Business Journal – Ford’s plan to consolidate dealerships was reported earlier today by Automotive News. The closings will be in 18 markets, including Boston, the trade publication said, citing dealers and Ford officials it didn’t identify. Cain did not confirm that

ICAR won’t forget racing
Spartanburg Herald-Journal – Because of the development that’s taken place so far at Clemson University’s International Center for Automotive Research, the “and motorsports” part of the project’s mission sometimes seems like an afterthought. It’s not. University and ICAR

Automotive Technology Center To Host Aug. 21 Open House at Tri-C’s
WOI-TV – PARMA, Ohio, Aug. 11 /PRNewswire/ — The Advanced Automotive Technology Center will host an open house from 5:30 p.m.-7:30 p.m., Monday, August 21 at Cuyahoga Community College’s Western Campus located at 11000 Pleasant Valley Road, Parma. Visitors



Latest Chevrolet News – Camaro Concept Car

August 14th, 2006

Taking the Camaro Concept Out For A Spin (Video)
SlashGear, AZ – Aug 12, 2006The Director of Design for the Chevrolet Camaro concept Tom Peters took the 400-horsepower aluminum small-block V-8, with six-speed manual transmission …

General Motors plans to resume production of Chevrolet Camaro
EiTB, Spain – Aug 6, 2006… Detroit. General Motors Corp. plans to resume production of the Chevrolet Camaro muscle car, according to a published report. GM …

Burton’s trouble on Sunday at Indy? ‘Wrong move,’ based on too …
San Jose Mercury News, USA – Aug 11, 2006… right decisions.”. Burton said that when the race got into long green-flag runs, his No. 31 Chevrolet was in trouble. “Then we started …

Seafair: Theoret cruises to 2nd straight Chevrolet Cup
Seattle Times, United States – Aug 7, 2006… “We’re in it for the long haul.”. A long haul that might yield deep rewards if Sunday’s Chevrolet Cup at Seafair is any indication. …

Notebook: Junior explains McFarland firing
Nascar – Aug 12, 2006… Earnhardt Jr., whose team, JR Motorsports, is running the full Busch schedule in the No. 88 Chevrolet, fired driver Mark McFarland this week. …



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