Honda pulls out of AMA Racing
First F1 and now this...whats next?
PRESS RELEASE:
Torrance CA: American Honda announced today that it will withdraw Team Honda from participation in the 2009 AMA Roadracing Series. This was an extremely difficult decision to make as the racing spirit reaches to the very core of Honda.
The primary factor contributing to this decision is the current global economic situation and its impact on Honda. Although Team Honda will not be in attendance, Honda will continue to be represented in AMA Roadracing through our ongoing support of both the Erion Honda Racing and Corona Honda Racing teams.
Entering the second year of our partnership with Red Bull Energy Drink, the Honda Red Bull Racing team will return for the 2009 Supercross and National Motocross season with a full roster of factory riders.
American Honda¹s factory and support teams have earned more than 100 national titles in U.S. Road Racing, ATV, Supermoto, Supercross, Motocross and off-road competition, and we would like to extend our deepest thanks to all the sponsors, supporters and fans of our racing efforts over the years.
We ask that you continue to support the Honda Red Bull Racing team, the Erion Honda Racing team and the Corona Honda Racing team along with all the other Honda Red Riders as they chase the championships and battle for each victory.
While it is unfortunate that the current economic conditions led us to take this action, rest assured that Honda¹s deep-seated passion for racing has not been, and will never be, diminished.
Oil may hit $35 a barrel, due to economy
Could even lower gas prices be coming?
With the U.S. Senate denying the Detroit 3 relief plan, it looks like oil prices might continue to tumble. Our sibling site BloggingStocks is predicting barrel prices might drop as low as $35 as a result. This comes on the heels of predictions of higher prices in the near future.
It had been thought that OPEC and possibly Russia would be curtailing production, which might have led to higher prices, but if the U.S. auto industry collapses, demand for oil could plummet. That would result in even lower oil and gas prices.
In fact, oil prices started dropping Thursday night as soon as traders heard that Senate Republicans had blocked the bill, with barrel prices checking in at $44.76 as of Friday morning. We just saw regular unleaded for $1.59/gal at a station down the street this morning and thought we had woken up in 2000. Can sub-$1 gas be far away?
Source: AutoBlog
Nissan dumping SUV/minivan lineup?
Seems nissan wants to get rid of the suv and van lineup
Although gas is now well below the $2 mark across most of the country, large SUV sales are still far below 2007 sales levels. Because of that fact, along with looming CAFE regulations, Nissan is reportedly mulling the idea of killing its full-size SUV lineup.
Along with its full-size SUVs – the Nissan Armada and the Infiniti QX56 — MotorTrend is also reporting that Nissan is considering axing its Quest minivan. What do these vehicles have in common (besides slumping sales)? All three are all made at Nissan’s production plant in Mississippi.
That bit of information is significant because Nissan plans on using its Mississippi plant for production of its new commercial vehicle, the NV2500. Nissan’s commercial fleet will soon grow to three vehicles, meaning the Mississippi plant will likely be converted to commercial-only production.
However, the writing was probably already on the wall for the Armada and QX56 as both vehicles are based on Nissan’s Titan pickup truck. The Titian will switch over to the Dodge Ram’s architecture early next decade, leaving both SUVs without a platform. There probably isn’t much hope for Ram-based versions of the SUVs, either, as Chrysler has already announced that it will soon be ending production of its full-size SUVs, the Dodge Durango and Chrysler Aspen.
Source: LeftLaneNews
Honda announces production cuts for 2009
Seems like everyone is cutting production...
Although most Americans still feel as though the Big Three’s sales troubles are more closely tied to inferior products and dismal fuel economy ratings rather than a slumping economy, the latest news from Honda should change at least a few minds. Honda, the only major automaker in the U.S. not to offer an engine with more than six-cylinders, has announced further cutbacks.
Following a 30 percent decline in sales during the month of November, Honda announced that it will be cutting North American production by 119,000 units. That 119,000 is in addition to the 59,000 units the Japanese automaker has already wiped from its production schedule for the fiscal year ending March 31st, according to The Detroit News.
Honda is now calling for its full-year output to total 1.29 million vehicles, down from an originally scheduled 1.47 million unit production run.
Honda’s total cuts don’t quite match General Motors’ 250,000 million unit cut for Q1 of 2009, but it definitely shows that no automaker is immune from the current sales slump.
Source: LeftLaneNews
Hyundai Accent: Cheapest Car in America again?
Seems hyundai regains the title of cheapest car...
Less than a month after Nissan announced its $9,990 blue-light-special Versa Sedan 1.6, Hyundai has one-upped them. Or should that be one-downed? The 2009 Hyundai Accent has regained the title of Cheapest New Car in America with a starting price that undercuts the Nissan by a Jackson. Priced at $9,970, it is now the least expensive new car on the market. And Hyundai didn't reduce content to get the price down. It's essentially the same Accent you could have bought last month, just with a lower MSRP.
Source: AutoBlog
PRESS RELEASE
Hyundai Accent Retains Crown as America's Least Expensive Car
November 25, 2008 -- FOUNTAIN VALLEY, Calif. -- The country's most dependable sub-compact car is also its most affordable.
The high-mileage 2009 Hyundai Accent has a starting price of $9,970, making it the least expensive new car on the market. But it's also the "Most Dependable Sub-Compact Car" available (as determined by the J.D. Power and Associates Vehicle Dependability StudySM) and one of the most fuel efficient vehicles on the road today - a trifecta that no other car can match.
"Accent is the perfect vehicle for a customer looking for the ideal mix of price, dependability and fuel economy," said Mark Dipko, Small Car product manager. "And as a brand known the world over for its value, we feel it is important to retain our crown as the most affordable new car available."
At the Los Angeles Auto Show, Hyundai announced even more good news for the Accent, revealing that next year a special high-mileage "Blue" edition will be available that offers even higher levels of fuel economy without adding to the price. Accent "Blue" will feature fuel-efficient modifications to reduce engine friction and rolling resistance, enhance aerodynamics, optimize gearing and revise engine calibrations for maximum efficiency, all adding up to higher fuel mileage and lower emissions than today's model.
The 2009 Accent GS retains the same content as last year's model and has not been reduced to achieve America's best price point. Accent GS offers a 1.6-litre, 110-horsepower engine, power steering, advanced front airbags, front seat-mounted side-impact airbags, roof-mounted curtain airbags, tire pressure monitoring system, front variable intermittent wipers, 60/40 split fold-down seatback, six-way adjustable driver seat, adjustable head restraints for all seating positions and rear spoiler.
Pricing for all other Accent models remains unchanged, delivering outstanding value throughout the lineup. In addition to the $9,970 Accent GS 3-door with manual transmission, the Accent three-door with automatic transmission starts at $12,070; Accent GLS 4-door with manual transmission starts at $12,920; and the sport-tuned and comprehensively equipped Accent SE 3-door with manual transmission starts at $15,070. Freight charges for Accent are $695.
All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. Hyundai buyers are protected by a 10-year/100,000-mile power train warranty, a 5-year/60,000-mile bumper-to-bumper warranty, a 7-year/unlimited-mile anti-perforation warranty and 5-year/unlimited-mile roadside assistance protection.
Hyundai Motor America, headquartered in Fountain Valley, Calif. is a subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced by more than 790 Hyundai dealerships nationwide.
Hyundai Accent received the lowest number of problems per 100 vehicles among sub-compact cars in the proprietary J.D. Power and Associates 2008 Vehicle Dependability StudySM. Study based on responses from over 52,000 original owners of 2005 model-year vehicles, measuring more than 250 models. Proprietary study results are based on experiences and perceptions of owners surveyed in January to April 2008. Your experiences may vary. Visit jdpower.com.
Hyundai Accent Retains Crown as America's Least Expensive Car
November 25, 2008 -- FOUNTAIN VALLEY, Calif. -- The country's most dependable sub-compact car is also its most affordable.
The high-mileage 2009 Hyundai Accent has a starting price of $9,970, making it the least expensive new car on the market. But it's also the "Most Dependable Sub-Compact Car" available (as determined by the J.D. Power and Associates Vehicle Dependability StudySM) and one of the most fuel efficient vehicles on the road today - a trifecta that no other car can match.
"Accent is the perfect vehicle for a customer looking for the ideal mix of price, dependability and fuel economy," said Mark Dipko, Small Car product manager. "And as a brand known the world over for its value, we feel it is important to retain our crown as the most affordable new car available."
At the Los Angeles Auto Show, Hyundai announced even more good news for the Accent, revealing that next year a special high-mileage "Blue" edition will be available that offers even higher levels of fuel economy without adding to the price. Accent "Blue" will feature fuel-efficient modifications to reduce engine friction and rolling resistance, enhance aerodynamics, optimize gearing and revise engine calibrations for maximum efficiency, all adding up to higher fuel mileage and lower emissions than today's model.
The 2009 Accent GS retains the same content as last year's model and has not been reduced to achieve America's best price point. Accent GS offers a 1.6-litre, 110-horsepower engine, power steering, advanced front airbags, front seat-mounted side-impact airbags, roof-mounted curtain airbags, tire pressure monitoring system, front variable intermittent wipers, 60/40 split fold-down seatback, six-way adjustable driver seat, adjustable head restraints for all seating positions and rear spoiler.
Pricing for all other Accent models remains unchanged, delivering outstanding value throughout the lineup. In addition to the $9,970 Accent GS 3-door with manual transmission, the Accent three-door with automatic transmission starts at $12,070; Accent GLS 4-door with manual transmission starts at $12,920; and the sport-tuned and comprehensively equipped Accent SE 3-door with manual transmission starts at $15,070. Freight charges for Accent are $695.
All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. Hyundai buyers are protected by a 10-year/100,000-mile power train warranty, a 5-year/60,000-mile bumper-to-bumper warranty, a 7-year/unlimited-mile anti-perforation warranty and 5-year/unlimited-mile roadside assistance protection.
Hyundai Motor America, headquartered in Fountain Valley, Calif. is a subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced by more than 790 Hyundai dealerships nationwide.
Hyundai Accent received the lowest number of problems per 100 vehicles among sub-compact cars in the proprietary J.D. Power and Associates 2008 Vehicle Dependability StudySM. Study based on responses from over 52,000 original owners of 2005 model-year vehicles, measuring more than 250 models. Proprietary study results are based on experiences and perceptions of owners surveyed in January to April 2008. Your experiences may vary. Visit jdpower.com.
Source: AutoBlog
Car and Driver's 10 Best cars for 2009
No GT-R on this list!!!
Spoiler alert: If you haven't picked up your print copy of Car and Driver yet, or if you haven't received their email announcement, or if you haven't checked out their website, they just announced their 10 Best for 2009. We wanted to share it with you because, well, the list is too shocking not to share. Unfathomably, the Nissan GT-R didn't win a spot! It didn't even make it into the top ten. After taking the brass ring from Automobile and Motor Trend, how could CD not pick it? We were just as shocked as you are undoubtedly. This would be like only the second loss evah for Godzilla, and the first was in a brief skirmish with Mothra about 40 years ago.
Okay, we're kidding. We saw this one coming a mile away. C and D always has a price cap on their nominees and this year that meant the Nissan officially missed inclusion by about seven grand. Now that you've adjusted, we can tell you that the full list is printed after the jump, but know that there are 8 foreign cars on the list and 2 domestics. Three Germans made the list, along with four Japanese models and a lone Brit. The list is actually a solid one from top to bottom. You'll probably have a hard time disagreeing with the choices, but might think your favorite is missing. Let us know what replacements you'd make. Check out the 2009 Car and Driver 10Best list after the jump and read the whole rundown on each of their choices by following the read link.
Here are the results, in alphabetical order:
2009 BMW 3-series / M3
2009 Cadillac CTS / CTS-V
2009 Chevrolet Corvette
2009 Honda Accord
2009 Honda Fit
2009 Infiniti G37
2009 Jaguar XF
2008 Mazda MX-5 Miata
2009 Porsche Boxster and Cayman
2009 Volkswagen GTI
Source: CarAndDriver
Okay, we're kidding. We saw this one coming a mile away. C and D always has a price cap on their nominees and this year that meant the Nissan officially missed inclusion by about seven grand. Now that you've adjusted, we can tell you that the full list is printed after the jump, but know that there are 8 foreign cars on the list and 2 domestics. Three Germans made the list, along with four Japanese models and a lone Brit. The list is actually a solid one from top to bottom. You'll probably have a hard time disagreeing with the choices, but might think your favorite is missing. Let us know what replacements you'd make. Check out the 2009 Car and Driver 10Best list after the jump and read the whole rundown on each of their choices by following the read link.
Here are the results, in alphabetical order:
2009 BMW 3-series / M3
2009 Cadillac CTS / CTS-V
2009 Chevrolet Corvette
2009 Honda Accord
2009 Honda Fit
2009 Infiniti G37
2009 Jaguar XF
2008 Mazda MX-5 Miata
2009 Porsche Boxster and Cayman
2009 Volkswagen GTI
Source: CarAndDriver
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Nissan drops Launch Control on GT-Rs
On the 2010 model year and up..
It appears that GT-R owners won't have to worry about voiding their warranties if they use Launch Control -- for the 2010 model year, the car won't come with the feature. Inside Line is quoting a Nissan exec as saying "It's gone. We just don't want to deal with the warranty nightmare anymore. It'll make the 2009 GT-R really special. It'll be the only R35 with launch control."
We've previously reported cases where Nissan GT-R owners have brought their cars to the dealership with transmission trouble only to be told their warranties won't cover it. It turns out that disabling the car's VDC (Vehicle Dynamic Control) too often, in order to use the Launch Control function, meant Nissan wasn't covering the repairs. The cost to fix/replace the transmission is only $20,000, so you can imagine owners weren't too upset. Apparently the GT-R owner's manual states that damage to the transmission is not covered if it is proven to be the result of using Launch Control with the VDC turned off. In fact, the manual states that the only reason you should turn off VDC is to "rock" the vehicle when stuck in mud or snow. We await Nissan's revised performance numbers.
Source: AutoBlog
We've previously reported cases where Nissan GT-R owners have brought their cars to the dealership with transmission trouble only to be told their warranties won't cover it. It turns out that disabling the car's VDC (Vehicle Dynamic Control) too often, in order to use the Launch Control function, meant Nissan wasn't covering the repairs. The cost to fix/replace the transmission is only $20,000, so you can imagine owners weren't too upset. Apparently the GT-R owner's manual states that damage to the transmission is not covered if it is proven to be the result of using Launch Control with the VDC turned off. In fact, the manual states that the only reason you should turn off VDC is to "rock" the vehicle when stuck in mud or snow. We await Nissan's revised performance numbers.
Source: AutoBlog
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Revealed: Nissan 370Z
Debuted ahead of the LA Auto Show
Looking pretty much like what everyone has been expecting for months now, the 2010 Nissan 370Z dropped this morning. The company hasn't released any details, although from the new nomenclature we can surmise that the sports car contains the new 3.7L V6 as used in the Infiniti G37. The new Z goes on sale early in 2009, and we'll see it live at the LA Auto Show in a few weeks.
Source: AutoBlog
Source: AutoBlog
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Porsche accuses Nissan GT-R of cheating the 'Ring
Did godzilla cheat on the ring?
Sour grapes or legitimate complaint? That's the question we're left pondering after reading that Porsche believes Nissan must have cheated to record its 7:29:03 lap time of the famed Nürburgring race circuit. Porsche claims that it had been suspicious of the Nissan's lap times, so it acquired a U.S.-spec GT-R for testing back-to-back with its own 911 Turbo and GT2. The result? The mighty Godzilla was toppled by the Teutonic German duo, with the GT-R posting times a good 25-seconds slower than Nissan's claim.
How can Porsche explain the discrepancy? "This wonder car with 7:29 could not have been a regular series production car. For us, it's not clear how this time is possible. What we can imagine with this Nissan is they used other tires," says August Achleitner, the man in charge of the 911 program. There is footage of the GT-R lapping the 'Ring at high speed, but it's taken from inside the car where the tires cannot be seen.
Considering the fact that Nissan saw fit to issue a press release commemorating the car's fast-lap, we doubt this is something that will be taken lightly. There's a big can 'o worms here, and Porsche's in the corner holding the opener.
Source: AutoBlog
How can Porsche explain the discrepancy? "This wonder car with 7:29 could not have been a regular series production car. For us, it's not clear how this time is possible. What we can imagine with this Nissan is they used other tires," says August Achleitner, the man in charge of the 911 program. There is footage of the GT-R lapping the 'Ring at high speed, but it's taken from inside the car where the tires cannot be seen.
Considering the fact that Nissan saw fit to issue a press release commemorating the car's fast-lap, we doubt this is something that will be taken lightly. There's a big can 'o worms here, and Porsche's in the corner holding the opener.
Source: AutoBlog
Honda Says NSX to be Faster then GT-R at the ring
Honda bringing out some ccompetition for the GT-R...
By now we've all seen the spy shots showing Acura's NSX revival bombing around the Nürburgring in Germany. There's a reason those drivers are pushing their prototype hard enough to get air through the turns. Inside Line is reporting the Honda CEO Takeo Fukui wants his NSX to toast both the Nissan GT-R and the Lexus LF-A around the Green Hell. Considering that the GT-R has posted lap times on the 'Ring that utterly defy what it should be able to do on paper, and that the LF-A is still a moving target that's trying to best the GT-R too, Honda engineers have some serious work to do developing the NSX over the next two years. IL suspects the next NSX will get a 5.5L V10 producing 550 horsepower and 420 pound-feet of torque that's derived from a V8 that's slated for the next-gen, rear-wheel-drive Acura RL. They also surmise that it will use an 8-speed auto with paddle shifters, feature an advanced version of Honda's Super-Handling All-Wheel-Drive system and use lots of aluminum in its construction to keep weight down. Unfortunately, by the time the NSX arrives, the GT-R V-Spec will have moved the bar again.
Source: Autoblog
Source: Autoblog
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2010 Nissan GT-R Spec V spied at the 'ring
Nissan already testing a Spec-V
Nissan's latest version of Godzilla's barely hitting the streets and we're already hearing they've rolled out a prototype test unit for the long-rumored up-powered version — the Nissan GT-R Spec V. Well, the spy shooters at KGP claim they've spotted it being unloaded off a truck at Ghosn's Nürburgring test workshop. They claim it's the "Spec V" due to some visual differences between the test car and the standard 2009 Nissan GT-R including a revised front splitter, which sports some additional air intake slits, presumably to feed more cooling air to the brakes. New six-spoke wheels also house what appear to be a revised braking system. The golden Brembo brake calipers were an ever-present feature even on the first GT-R prototypes, but they're a no-show on this tester. KGP wonders whether we're perhaps looking at an upgraded ceramic composite braking system. All we know is if they're correct, Godzilla just got a serious dose of steroids and we're wondering what will happen to the stock GT-R's 3.3 second 0-to-60 time. Full spy report after the jump.
Source: Jalopnik
Source: Jalopnik
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Hyundai Genesis flying off... the transporter?
Transport truck driver failed boy scout knot tying.
Somewhere in South Korea, a transport truck driver is using Homer Simpson's famous phrase "D'oh!" (and then some) after two new Hyundai Genesis sedans slipped off the truck.
Hyundai expects its new Genesis sedan to fly off the showroom floor, but this pair of cars wanted to try a different form of flying first apparently.
Source: AutoBlog
Hyundai expects its new Genesis sedan to fly off the showroom floor, but this pair of cars wanted to try a different form of flying first apparently.
Source: AutoBlog
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Fuel prices rising quickly....more to come
Drivers felt the crunch at the pump this week with gasoline prices today reaching $3.28 a gallon for regular unleaded, up 12 cents from the end of February.
Midgrade mirrored regular gasoline, rising 12 cents to $3.48. Premium gasoline jumped 13 cents to $3.61 compared with two weeks ago. Diesel fuel inched closer to $4, rising 30 cents to $3.94 a gallon, according to AAA, of Heathrow, Fla.
E85 ethanol rose 9 cents to $2.68 a gallon. The adjusted price of E85 reached $3.53 a gallon, up 12 cents. The price of E85 is adjusted to reflect the fuel's lower energy content compared to gasoline.
The surge in gasoline prices came after crude oil rose to a record $111 a barrel in trading Thursday, March 13. Crude oil prices dipped to $109.92 by this afternoon.
AAA's Daily Fuel Gauge Report provides national average fuel prices based on data from as many as 85,000 filling stations nationwide. Hit the jump for more info.
There are still more price increases to come, said Doug MacIntyre, senior oil industry analyst for the federal Energy Information Administration.
"This is not the peak season. We still have not seen all the costs of crude oil transferred to the pump," MacIntyre told Automotive News.
Growth rates and energy demands of countries such as India and China are fueling the rise in the price of crude oil. And, MacIntyre said, "For every $10 increase in crude oil, it represents 24 cents a gallon."
Consumers can expect prices to continue to go up between now and Memorial Day.
Gasoline prices are already affecting automotive manufacturers across the United States. Toyota Motor Corp. informed employees this week that the automaker plans to "slow the rate of production" later this spring at plants in San Antonio and Princeton, Ind., where it makes the Toyota Tundra pickup and Sequoia SUV.
"We have a long-term view of the industry, and like everyone else, we are trying to ride out the storm," Mike Goss, a spokesman for Toyota, said in an interview with Automotive News.
Bo Andersson, General Motors' purchasing chief, understands the effect that gasoline prices have on vehicle production.
"GM logistics costs are impacted $6 million for every dollar a barrel that oil prices fluctuate," he said at an industry event Thursday in Grand Rapids, Mich.
When gasoline reaches $3.30 a gallon, Andersson said, consumers reassess big-ticket purchases.
There is hope … next year
Crude oil has the most direct effect on today's gasoline trends, MacIntyre said. The only way for any relief to occur would be for crude oil prices to fall dramatically.
The Energy Information Administration does expect gasoline prices to level out, but not until the end of 2008 or even next year. The forecast is based on the expectation of completed oil industry projects in 2009 that will increase production.
For today, drivers in Kailua Kona, Hawaii, had to deal with the highest pump price in the nation at $4.19 a gallon for regular unleaded gasoline. Burlington, N.J., drivers saw the lowest price at $2.93 a gallon for regular, according to www.GasPriceWatch.com. The Web site relies on volunteers to report pump prices nationwide.
Source AutomotiveNews
Midgrade mirrored regular gasoline, rising 12 cents to $3.48. Premium gasoline jumped 13 cents to $3.61 compared with two weeks ago. Diesel fuel inched closer to $4, rising 30 cents to $3.94 a gallon, according to AAA, of Heathrow, Fla.
E85 ethanol rose 9 cents to $2.68 a gallon. The adjusted price of E85 reached $3.53 a gallon, up 12 cents. The price of E85 is adjusted to reflect the fuel's lower energy content compared to gasoline.
The surge in gasoline prices came after crude oil rose to a record $111 a barrel in trading Thursday, March 13. Crude oil prices dipped to $109.92 by this afternoon.
AAA's Daily Fuel Gauge Report provides national average fuel prices based on data from as many as 85,000 filling stations nationwide. Hit the jump for more info.
There are still more price increases to come, said Doug MacIntyre, senior oil industry analyst for the federal Energy Information Administration.
"This is not the peak season. We still have not seen all the costs of crude oil transferred to the pump," MacIntyre told Automotive News.
Growth rates and energy demands of countries such as India and China are fueling the rise in the price of crude oil. And, MacIntyre said, "For every $10 increase in crude oil, it represents 24 cents a gallon."
Consumers can expect prices to continue to go up between now and Memorial Day.
Gasoline prices are already affecting automotive manufacturers across the United States. Toyota Motor Corp. informed employees this week that the automaker plans to "slow the rate of production" later this spring at plants in San Antonio and Princeton, Ind., where it makes the Toyota Tundra pickup and Sequoia SUV.
"We have a long-term view of the industry, and like everyone else, we are trying to ride out the storm," Mike Goss, a spokesman for Toyota, said in an interview with Automotive News.
Bo Andersson, General Motors' purchasing chief, understands the effect that gasoline prices have on vehicle production.
"GM logistics costs are impacted $6 million for every dollar a barrel that oil prices fluctuate," he said at an industry event Thursday in Grand Rapids, Mich.
When gasoline reaches $3.30 a gallon, Andersson said, consumers reassess big-ticket purchases.
There is hope … next year
Crude oil has the most direct effect on today's gasoline trends, MacIntyre said. The only way for any relief to occur would be for crude oil prices to fall dramatically.
The Energy Information Administration does expect gasoline prices to level out, but not until the end of 2008 or even next year. The forecast is based on the expectation of completed oil industry projects in 2009 that will increase production.
For today, drivers in Kailua Kona, Hawaii, had to deal with the highest pump price in the nation at $4.19 a gallon for regular unleaded gasoline. Burlington, N.J., drivers saw the lowest price at $2.93 a gallon for regular, according to www.GasPriceWatch.com. The Web site relies on volunteers to report pump prices nationwide.
Source AutomotiveNews
200+ Cars Crash on Abu Dhabi-Dubai Highway
Early this morning on the highway that connects Abu Dhabi and Dubai, over 200 cars were involved in a massive accident that has left six people dead and hundreds injured.
Weather conditions were a factor in the accident, as a thick morning fog apparently reduced vision, which led to motorists driving full speed into the pile up one after another. Because the fog was so thick, people with serious injuries couldn't be flown by helicopter to area hospitals right away and were treated by a pair of doctors and nurses on the scene. As many as 25 cars reportedly caught on fire, and six full-size buses were involved.
These are just a few of the horrific images from the crash scene. You can view the full image gallery by clicking the source link below.
Source: Gulfnews
Weather conditions were a factor in the accident, as a thick morning fog apparently reduced vision, which led to motorists driving full speed into the pile up one after another. Because the fog was so thick, people with serious injuries couldn't be flown by helicopter to area hospitals right away and were treated by a pair of doctors and nurses on the scene. As many as 25 cars reportedly caught on fire, and six full-size buses were involved.
These are just a few of the horrific images from the crash scene. You can view the full image gallery by clicking the source link below.
Source: Gulfnews
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Volvo moving back to New Jersey
Time to pack up the soccer moms and head for the east coast, because after years of being based in California, Volvo is headed back to New Jersey.
Under former CEO Jacques Nasser, Ford created the southern California PAG (Premier Automotive Group) location housing offices and studios for the Aston Martin, Volvo, Jaguar, and Land Rover brands. Aston Martin vacated the location upon its sale a year ago, and with the pending sale of Jaguar and Land Rover, it doesn't make sense for Ford to keep the California location open just for Volvo.
So Volvo is packing up and returning its North American operations solely to Rockliegh, New Jersey. The advice we can give those tasked with driving a Volvo for the 2700-mile trip: try not to fall asleep!
Source: The Car Connection
Under former CEO Jacques Nasser, Ford created the southern California PAG (Premier Automotive Group) location housing offices and studios for the Aston Martin, Volvo, Jaguar, and Land Rover brands. Aston Martin vacated the location upon its sale a year ago, and with the pending sale of Jaguar and Land Rover, it doesn't make sense for Ford to keep the California location open just for Volvo.
So Volvo is packing up and returning its North American operations solely to Rockliegh, New Jersey. The advice we can give those tasked with driving a Volvo for the 2700-mile trip: try not to fall asleep!
Source: The Car Connection
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