autoMedia Auto News Blog : Big 3

No Sale! GM To Keep Opel

admin — Wed, 04 Nov 2009 03:15:00 GMT

Ending months of negotiation and speculation, General Motors has halted the sale of its European Opel division. GM has cited improving business and the importance of Opel/Vauxhall to its global operations as the reasons for the reversal. GM today posted its October sales figures, showing the first gain in 21 months. The news came hard on Magna International, which had been working with the German government, GM, and partners on acquiring Opel. Known as a major parts supplier, Magna is a large, diverse company that has grown to become a manufacturer-for-hire for several automakers, and this purchase would have been a natural expansion for its business. “GM will soon present its restructuring plan to Germany and other governments and hopes for its favorable consideration,” said Fritz Henderson, president and CEO. “We understand the complexity and length of this issue has been draining for all involved. However, from the outset, our goal has been to secure the best long term solution for our customers, employee, suppliers, and dealers, which is reflected in the decision reached today. This was deemed to be the most stable and least costly approach for securing Opel/Vauxhall’s long-term...(read more)

GM Joins Ford with Fall Truck Sale Campaign

Editor — Thu, 24 Sep 2009 18:49:00 GMT

Maybe it was a marketing ploy, or maybe GM's marketing chief Bob Lutz had a change of heart. After announcing that GM would not be holding the fall season truck sale in order to focus on their new "May the Best Car Win" campaign, Lutz has decided to hold a fall truck sale after all, starting tomorrow, September 25th. So what is GM said to be offering you on Chevrolet and GMC trucks? According to a report today in Automotive News:

$1000 cash on many GMC 2010 trucks, crossovers and SUVs, including Buick Enclave
$500 cash on 2009 and 2010 GMC Canyon pickup trucks
Zero percent financing for 60 months on all Chevrolet Silverado and Colorado trucks, plus the 2010 Chevrolet Malibu sedan
$1500 cash on 2010 Chevrolet Malibu models
$1000 on 2010 Chevrolet Impala sedans, Traverse crossovers, Tahoe and Suburban SUVs, and Silverado and Avalanche trucks

The caveat right now, according to some Chevrolet and GMC dealers, is that they currently do not have a lot of 2010 models in stock. The fall sale ends November 2, 2009. Ford's fall truck sale opened September 10 and ends October 5, 2009, with incentives as much as $4500 on F-150 model line trucks and $5000 on F-Series Super Duty haulers.

Research 2009 Chevrolet, GMC, and Ford models in our 2009 New Car Buyer's Guide.

~ Deborah Neal, Editorial Director, autoMedia.com

What’s New for Chrysler in 2010?

admin — Tue, 08 Sep 2009 03:30:00 GMT

Not much in the way of new product. Remember, the company is rapidly reinventing itself, now that it has purged billions in so-called bad assets and almost 800 dealerships, leaving a leaner Chrysler Group to develop a revised product portfolio with its new corporate partner Fiat. (Read: "Like a Phoenix, New Chrysler Group LLC Rises.")

For the imminent future, there simply isn’t much happening. The products are largely in a holding pattern for another model year. However, if you look closely, there are numerous refinements that should make the vehicles more satisfying to own than before, though not the kind of breakthrough changes that are likely to spark showroom traffic. Below are the highlights of the Chrysler, Dodge, and Jeep product updates for the 2010 model year.

We have already blogged on the notable update to Dodge Caliber’s interior. Most other vehicles that receive any update for the new model year are given a light touch. The one exception is the 2010 Dodge Ram heavy-duty pickups to be offered for the first time in a true crew-cab configuration, complimenting the regular and mega cab. All heavy-duty trucks are distinguished from their light-duty brethren by a unique grille, hood, and bumpers. Refinements throughout promise reduced noise, and the cabin boasts more storage locations. The Ram sees its various tow and capacity ratings increased, though these reflect more a change in how Dodge chooses to make its claims, more closely matching the competition, than representing engineering changes. The powerplants for the heavy-duty trucks include the venerable 5.7-liter Hemi V-8 and a 6.7-liter Cummins turbodiesel. Chassis cab 3500, 4500, and 5500 Rams will be available for 2011.

The Ram Power Wagon returns, with electric-locking front and rear differentials, electronic disconnecting sway bar, Bilstein shocks, 32-inch BF Goodrich off-road tires, underbody skid-plate protection, 4.56 axle ratio for hill climbing, and a custom-built Warn 12,000-lb. winch is accessible through the front bumper. The exterior has been enhanced with a new two-tone paint scheme and graphics package.

Fuel economy tweaks are made on several models, including the light-duty Ram, Dodge Nitro, and Jeep Liberty. These models now have a fuel cut off indicated by an “Eco” light activated during deceleration. Other vehicles, including Jeeps, have had this feature previously. The Nitro and Liberty have some detail updates to their various trims, such as materials updates and larger, standard floor mats.

The Jeep Wrangler receives a long list of minor updates that should add appeal to the legendary rock crawler. On all models fog lamps, tow hooks, compass, outside temperature readout, larger visors, fuel-saver indicator, and front dome lamp are standard. The Sunrider soft-top has been made easier to install. Other changes depend on the trim and options, with changes such as uplevel seating surfaces, new colors, new wheels, and the addition of Uconnect Phone added to the navigation system.

The 2010 Jeep Grand Cherokee in its final year sees the model line simplified to the Laredo and Limited trims, dropping the Overland. An all-new, larger Grand Cherokee will be introduced for the 2011 model year based on the Mercedes-Benz ML platform.

The Chrysler Sebring convertible and sedan has a minor exterior freshening with a new hood and wheels. Inside, the cars receive a new instrument panel and active head restraints.

And the PT Cruiser lives on for another year, despite its planned discontinuation. There is a new Classic trim that bundles popular features in a value package.

Even the Chrysler 300 receives minor updates, with the 300C now claiming keyless entry/keyless go and rear park assist as standard. Side-curtain air bags are standard on all models. An all-new 300 is expected for the 2011 model year.

The Town & Country and Dodge Caravan minivans now have active head rests and rear obstacle detection on all models.

The Dodge Journey gains the “eco” feature also added to the Nitro, seeing highway fuel economy increase 1 mpg on the highway with the V-6 model. Active head restraints are standard on all trims, as well we four-wheel antilock disc brakes. Those models with a video entertainment system now have a larger, nine-inch screen.

The Dodge Challenger adds even more performance and excitement for 2010 with the Super Track Pack, includes 20-inch Goodyear Eagle F1 Super Car tires, front and rear Nivomat self-leveling shock-absorbers, a larger rear stabilizer bar, a 3.06 rear-axle ratio, performance brake linings, and enthusiast-desired “ESP-off” stability calibration. A less extreme nostalgia trip can be taken with the SE Rallye package featuring a dramatic stripe package alternative to the R/T Classic with dual hood and decklid stripes, chromed fuel filler door, 18-inch rallye wheels with all-season performance tires, body-color deck-lid spoiler, and Micro Carbon interior accents.

And finally, the Dodge Viper lives on despite Chrysler’s previous efforts to sell it off. There are four new paint colors and tan Nappa upholstery to mark the new year.

So, while the engineers learn Italian and put together the pieces for what will be the new Chrysler going forward, these enhancements will have to see consumers and dealers through. Again, while there is little drama, the vehicles are more appealing than before.

autoMedia CARnival 9-4-09: This week in the auto blogs

Brandy Schaffels — Fri, 04 Sep 2009 10:44:00 GMT

It's the week ending September 4, and we've browsed our favorite automotive blogs all week long to gather a collection of what we feel is the highlight from each. Cash for Clunkers and Papa John's Camaro remain in the headlines for another week, and David E. Davis says he wishes Jean Jennings was dead, but besides all that, we've also got plenty of other unusual news sure to delight the automotive fan.

Cash for Clunkers rebates undoubtedly fueled robust August car sales, with manufacturers showing increased sales over the same time period a year ago, and even better increases over their sales just one or two months ago. Motor Trend's Todd Lassa shares an astute analysis of these figures, with detailed insights into the best-selling models and manufacturers.

Classic Car Examiner Jim Cherry knows cars have had a long and colorful history on TV from the 1966 Batmobile, to Entourage's Maserati Quatroporte, to Starsky & Hutch's Grand Torino. Knight Rider's Kitt car was so popular that Hasselhoff's series was revived years later in the vain hope of selling more lunchboxes. The right car makes the right statement on TV. They hop things up, express characters' characters, provide dramatic action and provide plenty of merchandising oppoutunities. Check out his slideshow of the top nine classic TV cars at examiner.com

AutoBlog files this under "No Cool, Wacky Deed Shall Go Unlitigated." John Schnatter, Papa John of Papa John's Pizza, put out a $250,000 A.P.B. to find his long lost 1971 1/2 Camaro Z28. Papa John Schnatter says the money was for the person whose name was on the title of the car as a reward for selling the car back to him. When the Sloanes of Indiana helped point Schnatter to Jeff Robinson, the current owner, Schnatter offered them $25,000 for the assist. Now the Sloanes aren't happy about "only" getting $25,000 and want a bigger piece of the pie. More details can be found at this local Kentucky news website. Naughty, greedy people get no sympathy from me. Take your finder's fee and quitchurbitchin...

The Detroit Bureau asks if U.S. buyers are ready to return to Motown and buy American for their transportation needs? According to Paul Eisenstein, that's the rather surprising indication of a new survey by the Consumer Reports National Research Center. This first-ever survey of motorist intentions found that about 80% of new-car buyers said they would be likely or very likely consider a Detroit product, compared with just 47% who said the same thing about an Asian model, and 46% who'd similarly consider a European offering. The CR survey results show good news for the American automakers, as most respondents said the most important consideration in deciding which vehicle to buy is price, followed by fuel economy, safety, and quality.

It's difficult to find the words to describe the highlight of this segment of "Autoline After Hours" being served at TheTruthAboutCars. Let the headline be your guide: "David E. Davis: Fired for Truth Telling, Wants Jean Jennings Dead." Fast forward 15 minutes in, when David-E wishes a piano would land on her head. Yeah: He says that.

In one article, AutoBlogGreen says Audi of America President Johan de Nysschen, says the Chevy Volt is "a car for idiots," and says pure electric vehicles are "for the intellectual elite who want to show what enlightened souls they are." In another article he denies using those words. Well, of course, he has to, especially now that Audi is revealing an all-electric R8 concept car at the upcoming Frankfurt Motor Show. Harrumph.

Honda fans across the internet unleashed "Haterade" on first official Crosstour photos released at Facebook: Honda responds by blaming it on insufficient photography and promises additional photos will come soon. Jalopnik says "We're sorry, but if your vehicle is ugly from 3/4 front and 3/4 back it's just ugly and we doubt more detail is going to change that."

If you've heard the accusations that the rare metals required for production of hybrid car motors and batteries are in short supply and that the mining of such metals is disastrous for the environment, then you'll want to read this report at HybridCars.com which declares such concerns are overblown. In fact, the article states that if domestic and other Canada-based mining concerns go back into production at currently dormant mines, hybrid and electric car production will "not only be on track, it could be done in the United States," within three to four years.

Thanks for joining us for this week's autoMedia.com CARnival! Have you got something of interest you want us to include in a future carnival? Then fill out our online form so we can be notified of your interesting entry to our weekly blog CAR-nival. Check back next week for another installment--until then, have a great weekend!

Brandy Schaffels, autoMedia.com Contributing Editor

August Auto Sales Show Shopping Success

Brandy Schaffels — Wed, 02 Sep 2009 23:40:00 GMT

By all the reports we've seen from the Department of Transportation and other automotive blogs, the Car Allowance Rebate System (CARS) program was "wildly successful" at driving consumers towards dealerships. With nearly 700,000 vehicle transactions utilizing "Cash for Clunkers" trade-ins, not to mention standard purchases that didn't include the government-subsidized rebates, it's clear that manufacturers benefited from a giant sales infusion during the month of August.

When comparing sales figures for August 2009 against August 2008, Ford was the most successful American manufacturer with an increase of 16.99 percent (182,149 units sold) for all of Ford Motor Company and a 21.25-percent jump for just the Ford brand itself. Toyota Motor Company and American Honda were up 6.41 (225,088) and 9.93 (161,439) percent respectively. Unfortunately, even with the incentives, some manufacturers still sold fewer cars than they did a year ago, notably Nissan North America was down 2.93 percent (105,312 units sold), Chrysler was down 15.43 percent (93,222), and General Motors was down 20.19 percent (246,479) from a year ago. (Many thanks to John Neff at AutoBlog for his monthly sales report, from which these figures are derived.)

However, if you compare these figures to the sales reports from last month or even the month before, the impact of the CARS program becomes much more apparent (see chart below). Even though the percentages of sales only look good for a few of the manufacturers when comparing July 2008 to July 2009, watch what happens when you compare August 2009 to July 2009 and June 2009: Everybody wins with sales increases ranging from 17.37 percent for Ford, 36.50 percent for Chrysler, and 39.59 percent for General Motors all the way up to an increase of 60.76 percent for Honda, 70.97 percent for Toyota, and a whopping 80.64 percent for Nissan from over two months ago.

Ironically, while DOT Cash for Clunker reports make it look as if the imports were the biggest winners in the C4C transactions, a report at AutoBlog says that "Ford came out as the clear winner in the Top Ten list," based on additional analysis by Edmunds.com. According to their story, "Ford captured three of the top four positions. The Toyota Corolla, which is at the top of the government's list, falls to number five on Edmunds' list behind the F-150, which didn't even make the government's Top Ten. The Chevy Silverado didn't make the government's Top Ten either, but it's number eight with Edmunds."

As far as getting a clear cut answer from all of this, Mark Twain summed it up well when he said: "There are three kinds of lies: lies, damned lies, and statistics." A skilled analyst can make a list of numbers demonstrate anything he wants it to show, but one thing is certainly clear: auto sales for all manufacturers have shown a definite trend upwards in the past few months, and as a result of the additional demand, many manufacturers have increased their production schedules and have brought back some employees who had been laid off in recent months.

It will be interesting to see what the next few months show!

By Brandy Schaffels, autoMedia.com Contributing Editor

Brand	August 2008	August 2009	Increased Volume % over one year ago	July 2009	Increased Volume % over one month ago	June 2009	Increased Volume % over two months ago
American Honda	146,855	161,439	9.93	114,690	40.76	100,420	60.76
Chrysler Group LLC	110,235	93,222	-15.43	88,900	4.86	68,297	36.50
Ford Motor Company	155,690	182,149	16.99	165,279	10.21	155,195	17.37
General Motors	308,817	246,479	-20.19	189,443	30.11	176,571	39.59
Hyundai	41,130	60,467	47.01	45,553	32.74	37,943	59.36
Kia	25,065	40,198	60.38	29,345	36.98	26,845	49.74
Nissan North America	108,493	105,312	-2.93	71,847	46.58	58,298	80.64
Subaru	18,932	28,683	51.51	21,839	31.34	18,620	54.04
Toyota Mo Co	211,533	225,088	6.41	174,872	28.72	131,654	70.97

Cash for Clunkers – What Automaker Sold the Most Cars?

admin — Wed, 26 Aug 2009 02:41:00 GMT

The Car Allowance Rebate System (CARS) program, known as “cash for clunkers,” has ended. Both government and industry are struggling to emerge from the paper trail left behind by the sales frenzy that saw $3 billion in federal incentives vaporize in just a few weeks. Preliminary figures released this week show that 84 percent of trade-ins under the program are trucks, and 59 percent of new vehicle purchases are cars.

Consumers were drawn to fuel-efficient models, averaging a 9.2 mpg improvement from the clunker to the new vehicle. Looking at the top 10 most popular purchases, the list is dominated by thrifty, compact sedans such as the Toyota Corolla, Honda Civic, and Ford Focus. Further, hybrid vehicles accounted for 4.5 percent of new vehicles purchased under the program compared to 3 percent of all new vehicle sales in June 2009. Interestingly, more than ¾ of those buying a hybrid were replacing an SUV or truck.

But the key question is, what automakers most benefited from the sales? While the Department of Transportation points out that 54 percent of the top 10 vehicles sold were manufactured in the United States, the sales breakdown shows that that import companies Toyota and Honda captured a significant portion of clunkers business, with General Motors leading the domestic brands.

Cash for clunkers new-vehicle sales share

19.2% Toyota
17.7% General Motors
15.0% Ford
13.2% Honda
8.3% Chrysler
7.8% Nissan
6.8% Hyundai
3.8% Kia
2.4% Subaru
2.3% Mazda
1.9% Volkswagen
0.5% Suzuki
0.4% Mitsubishi
0.4% Mini
0.2% Smart
0.1% Volvo
<0.1% All other

See our previous report on the Top 10 Trade-Ins and Purchases.

Learn even more from “Cashing in on Clunkers.”

autoMedia CARnival 8/21/09: This week in the auto blogs

Brandy Schaffels — Fri, 21 Aug 2009 12:36:00 GMT

It's the week ending August 21, and we've browsed our favorite automotive blogs all week long to gather a collection of what we feel is the highlight from each. Big news involves the end of the CARS rebates on Monday, as once again the Feds predict the money will run out over the weekend. People: That's nearly $3 billion dollars in rebates and admin costs car shoppers have burned through in barely a month!

U.S. Transportation Secretary Ray LaHood has announced the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. EDT. According to The Detroit News, the latest round of Car Allowance Rebate System (CARS) rebates has inspired 457,476 sales worth $1.91 billion in rebates. Apparently, dealers have been submitting paperwork for 20,000 vehicles, or about $100 million, a day in recent days, since the program was renewed. And this time, lawmakers have no interest in extending the program. Unfortunately, while sales have been brisk, reimbursements have not, so Chrysler Group and General Motors have announced they will advance funds to dealers who are still awaiting payment from the government for clunkers deals. DetNews reports the administration has paid just $145 million of the $1.9 billion in vouchers submitted -- or less than 10 percent of the funds requested. YIKES!

For more than a year now, says The Detroit Bureau, automotive manufacturers have, done nothing but cut, cut, cut. Thanks to the cash for clunkers sales melee, and inventories so low that some popular models are literally being sold right off the car haulers, automakers are cautiously starting to ramp up production again. Hope they get to lots before the money runs out!

Dealership inventory is quickly thinning many towns, even as factories ramp up overtime to deliver small, fuel-efficient vehicles in before the funds run out. There is a definite race against the clock for all involved to take full advantage of this unique program, and car shoppers shouldn't delay. You can learn about the so-called "cash for clunkers" from our guide, and research year-end clearance models in our new car buyer's guide and reviews here at autoMedia.com

It might appear to be little more than a toyish looking box on wheels, but Trabant has released teaser images of its upcoming all-electric Trabant nT set to debut at the Frankfurt Motor Show. AutoBlog Green has a fun photo gallery of the new electric Trabant nT (new Trabi) which promises a range of about 156 miles from its lithium-ion battery.

With the oldest car yet, cross-dressing maids, and a crash-and-roll finale, people have been talking about this high-performance exhibition for weeks! At last Jalopnik has posted the results of all 95 entries into the Buttonwillow Histrionics 24 Hours Of LeMons. Be sure to check out the gallery of entries - it'll almost be like having attended the event! And to think: Some of these cars could have been worth $up to $4500 as Clunker trade-ins...

She's the modern-day version of a photographic Mata Hari, and LeftLaneNews reports that ABC News spent a day Automotive Spy Photographer Brenda Priddy as she followed various camouflaged vehicles the sun-soaked southwest desert. To read ABC News' report and to watch their video, click here.

Would you spend $129 for a video game if it promised to make you a better driver? AskPatty.com reports on DriveSharp -- computer-based exercises produced by a provider of brain fitness programs -- which has been shown in independent studies to improve reaction time, cut crash risk by up to 50 percent, and increase control in most driving conditions.

Last week, General Motors gave journalists and consumers a sneak peek at several models expected to debut over the next two years. This week, in response to its poor reception, All Cars All The Time reports that Buick has decided to cancel the Saturn-Vue-based electric crossover, but promises the important plug-in hybrid technology will quickly be applied to another vehicle.

So, do you enjoy the broad variety of headlines and automotive websites here in our weekly carnival? If this still doesn't provide a broad enough selection of car content, then you should check out autos.alltop.com: They've got links to more than a hundred automotive websites, and list the five most recent headlines at each. So whether you're looking for the most popular auto items at Digg.com, auto & transportation press releases from PR Newswire, and anything in between, autos.alltop.com is the place to go when you've got too much time on your hands, and an insatiable appetite for car news.

Thanks for joining us for this week's autoMedia.com CARnival! Have you got something of interest you want us to include in a future carnival? Then fill out our online form so we can be notified of your interesting entry to our weekly blog CAR-nival. Check back next week for another installment--until then, have a great weekend!

Brandy Schaffels, Contributing Editor

Cash for Clunkers: Obama Formalizes $2 Billion Extension

admin — Mon, 10 Aug 2009 01:24:00 GMT

President Obama has signed into law H.R. 3435, a bill that extends the Car Allowance Rebate System (CARS) with $2 billion more in funding. This bill doubles the original $1 billion in funding that sparked a new car sales wave. Late Friday, the National Highway Traffic Safety Administration (NHTSA) announced that 245,384 CARS credits had been requested, totaling $1.03 billion. The extension came just in time to continue the offer through the weekend. (See: “Cash for Clunkers: Senate Approves $2 Billion Extension.”)

Obama said, “Now, more American consumers will have the chance to purchase newer, more fuel-efficient cars and the American economy will continue to get a much-needed boost. ‘Cash for clunkers’ has been a proven success: the initial transactions are generating a more than 50 percent increase in fuel economy; they are generating $700 to $1000 in annual savings for consumers in reduced gas costs alone; and they are getting the oldest, dirtiest and most air-polluting trucks and SUVs off the road for good. Businesses across the country – from small auto dealerships and suppliers to large auto manufacturers – are putting people back to work as a result of this program.”

From the initial sales rush, dealer lots have seen the inventory of their most fuel-efficent cars sold down. For those late-comers to the program, there will be fewer choices of year-end models. (Read: "Cash for Clunkers – Top 10 Trade Ins, Purchases.") It is important for shoppers to not only research their selections, but work to get their first-choice model, rather than compromise. After all, it somewhat defeats the purpose if you don’t buy the four-cylinder you wanted and go with the V-6, instead. Remember, dealers can search regional inventory and have a car transported to their shop. Consider using either a car-locator feature on the manufacturer site or cast a wide net in seeking dealer quotes online to ensure you find the car you want.

Still can’t find what you want? In some cases, the 2010 models are coming later this month, such as several Toyota models.

Research new vehicles in the 2009 new car buyer’s guide. Use the free autoMedia dealer quote tool to have dealers compete for your business.

Cash for Clunkers: Senate Approves $2 Billion Extension

admin — Fri, 07 Aug 2009 01:49:00 GMT

In a last-minute vote before August recess, the U.S. Senate approved H.R. 3435, a bill that extends the Car Allowance Rebate System (CARS) with $2 billion more in funding. The bill was passed with 60 yeas and 37 nays. It now goes to President Obama for signing into law.

Obama has been a strong proponent of the cash for clunkers extension, and it is expected that he will swiftly put pen to paper. Government officials had forecasted that the initial CARS funds would have run dry this Friday. It is estimated that upwards of 500,000 clunkers could be traded in and replaced with more fuel-efficient, and likely safer, vehicles as a result of this continuation.

The original program has exceeded expectations, fueling a massive sales rush over the past few days. Buyers have been exchanging older, worn-out SUVs and pickup trucks for fuel-efficient small and midsized cars. Chrysler, Ford, and General Motors have claimed 45 percent of the CARS sales during this period. (See “Cash for Clunkers – Top 10 Trade Ins, Purchases.”)

"Our customers and dealers appreciate Congress' help in keeping the program's momentum going and providing the stimulus to put more clean, fuel-efficient vehicles on the road. CARS is one program that has given consumers, the economy and a vital industry a much needed boost," said GM Sales Vice President Mark LaNeve.

Car shoppers may find dealerships have a dwindling supply of the choicest models, as the auto industry transitions to the 2010 model year. Many new models will be shipped to dealers this month for those who can wait, or are willing to reserve a vehicle in advance. It is important for consumers to research their purchase. History shows these buyers tend to hold on to a vehicle for a long time – best to make sure it is one that will serve their needs for many years to come.

Research new vehicles in the 2009 new car buyer’s guide.

Cash for Clunkers – Top 10 Trade Ins, Purchases

admin — Wed, 05 Aug 2009 22:14:00 GMT

The CAR Allowance Rebate System (CARS), popularly known as “cash for clunkers,” is widely regarded as a success, and now we have further proof. In “Cars for Clunkers Works, Time for a Sequel?” we chronicled the July sales that were buoyed from the program. We now have more detailed information on what vehicles were purchased, with refined figures by brand.

Thus far, 83% of trade-ins under the program are trucks, and 59% of new vehicle purchases are cars. Nearly half of new vehicles purchased under the program were from the Big 3. Detroit’s share in this program (45%) is equivalent to their overall share in the auto market (about 45%) – a couple points less than indicated in published reports yesterday.

Looking at the product mix, the trade ins are all traditional, high-volume models from domestic brands. The popular purchases are from several brands, skewing toward the imports. On average, the new models boast 63% better fuel economy than the models turned in.

A whopping 184,304 vehicles have been exchanged through this program, with car buyers benefiting from $775.2 million in credits. The program is still in effect, with some money remaining. The Senate is expected to pass a $2 billion extension to the program, and automakers and their suppliers are ramping up in anticipating.

So what are people buying? Below are the cash for clunker Top 10s.

Top 10 Trade-in Vehicles

Ford Explorer 4WD
Ford F150 Pickup 2WD
Jeep Grand Cherokee 4WD
Jeep Cherokee 4WD
Dodge Caravan/Grand Caravan
Ford Explorer 2WD
Chevrolet Blazer 4WD
Ford F150 Pickup 4WD
Chevrolet C1500 Pickup 2WD
Ford Windstar

Top 10 New Vehicles Purchased

Toyota Corolla
Ford Focus
Honda Civic
Toyota Prius
Toyota Camry
Hyundai Elantra
Ford Escape FWD
Dodge Caliber
Honda Fit
Chevrolet Cobalt

New Vehicles Manufacturers

18.7% - General Motors
17.9% - Toyota
16.0% - Ford
11.6% - Honda
10.6% - Chrysler
7.0% - Nissan
6.6% - Hyundai
3.8% - Kia
2.3% - Mazda
2.2% - Subaru
1.9% - Volkswagen
0.4% - Suzuki
0.3% - Mini
0.3% - Mitsubishi
0.2% - Smart
0.1% - Volvo
0.1% - All others

Research new vehicles in the 2009 new car buyer’s guide. Learn even more from “Cashing in on Clunkers.”

Muscle Car Sales Shootout – Which is the Most Popular?

admin — Wed, 05 Aug 2009 01:14:00 GMT

The July automotive sales numbers were released yesterday, showing a tremendous surge over the past week driven by the cash for clunkers program. (Read: “Cars for Clunkers Works, Time for a Sequel?”) As a result, sales on fuel-efficient small and midsized vehicles have soared the last few days. Hybrids and fuel sippers are flying off the lots, leaving trucks and SUVs behind. As enthusiasts, we’re left wondering about a certain segment that received too little attention lately, the muscle cars.

Car nuts have been bench racing the latest Chevrolet Camaro, Dodge Challenger, and Ford Mustang, as the experts have weighed in with their professional reviews. Horsepower has been boasted, quarter-mile slips compared, and value debated. In the end, the popularity contest that matters most to manufacturers is the sales race.

So, for the month of July, the figures break down to:

7,113 - Chevrolet Camaro
886 - Dodge Challenger
6,686 - Ford Mustang

More significant is seeing how these reborn legends fair over time, but the midyear introduction of the Camaro and 2010 Mustang mean it is too soon to draw conclusions there. Since we know you’re curious, year to date:

22,510 - Chevrolet Camaro
15,968 - Dodge Challenger
40,474 - Ford Mustang

As Top 40 music has taught us, popularity doesn’t equate to the best. That part of the bench racing debates will never be settled, though numbers can point to how the people are voting with their checkbooks. The Camaro looks strong out of the gate, though its lead is quite limited compared against the Mustang, suggesting that the original pony car may take the lead once the Camaro plateaus. It may come down to a battle of special editions, like the Camaro Transformers edition, in which case the battle could be quite exciting for enthusiasts. We hope the checkered flag in this race isn’t waved for many years, but it is interesting to see how these competitors measure up on this lap.

Cars for Clunkers Works, Time for a Sequel?

admin — Tue, 04 Aug 2009 02:27:00 GMT

The CAR Allowance Rebate System (CARS), popularly known as “cash for clunkers” was executed in a bumbling fashion that only government could manage, yet it was a resounding success. Manufacturers have released their July sales figures, and the news is largely good (or at least, not as bad), with most full-line automakers seeing a lift in the past week from the CARS program. (Learn how cash for clunkers works.)

Subaru boasted the most impressive gain, comparing July 2009 to July 2008, with a stunning 34-percent increase. Although not known for high fuel economy, much of its model line is eligible for consideration, and the AWD-automaker is drawing showroom traffic with its redesigned Legacy and Outback. Volvo saw a 26-percent gain, with the XC60 crossover gaining new buyers to what is otherwise an aging product line. Hyundai issued CARS credits weeks before the program was finalized, and as a result, the crafty company saw a 12-percent gain. (See “Hyundai Honors Cash for Clunkers CARS Rebate – Now.”)

But the real winner is arguably Ford Motor Company. Ford, Mercury, and Lincoln retail sales increased nine percent versus a year ago; total sales (including fleet) were 158,838, up two percent versus a year ago. Ford itself boasted its first sales increase in 19 months. The big winners in the Ford line were Focus (21, 830 sales) Escape, (20,241 sales), Fusion (17,610 sales), and Ranger (7,695 – up 65 percent). Combined, its hybrid models sold 5,353 units.

General Motors figures were down 19.4 percent over July 2008 – a dramatic improvement over past months. Chrysler fared even better, just 9.4 percent off. The Jeep Patriot was up 134 percent, the Dodge Caliber up 63 percent, and the Chrysler PT Cruiser up 24 percent – making the move to continue production seem rather sage. Both companies pulled this off despite significant dealer reductions in the past 12 months. Combined, the Detroit 3 accounts for an estimated 47 percent of the cash for clunkers sales, according to the Detroit News. In addition, the program proved to prime the retail pump and brought many more additional sales.

This overall success was just the boost the auto industry needed, infusing capital and helping to clear away year-end 2009 models. It didn’t come easy. One billion tax dollars went to the cause, and the rush to implement CARS meant many speed bumps along the way.

Last Friday, the National Automobile Dealers Association (NADA) estimated that the funds were at risk of expiring, just days after the program began. Yet the federal government encouraged sales to continue over the weekend, ensuring the funds would be made available and chaos would ensue, as some dealers hesitated to risk reimbursement to make sales. Program overseer the National Highway Traffic Safety Administration (NHTSA) is struggling to catch up with the filed paperwork that would identify the number of credit claims filed and therefore determine the money spent.

For now, the official word from Cars.gov is that the program is in effect. Meanwhile, the House of Representatives passed a bill to contribute another $2 billion to extend cash for clunkers. It rests with Senate now. This week, the Senate will accept the House bill, revise it, or reject it altogether. There seems to be significant momentum behind supporting CARS. After all, the first deployment exceeded expectations.

Research new vehicles in the 2009 new car buyer’s guide. Learn even more from “Cashing in on Clunkers.”

Ford Mustang to Race in NASCAR

admin — Wed, 29 Jul 2009 01:31:00 GMT

The Ford Mustang will be campaigned in the 2010 Nationwide Series, marking the first time the famed pony car has competed in NASCAR. The Fusion will continue to represent Ford in the premier Sprint Cup Series and the F-150 will compete in the Camping World Truck Series.

Since its 1964 mid-year introduction, the Mustang has been a dominant force in motorsports, from drag racing and Trans Am, on to Grand-Am Cup and Formula D drifting.

Ford Racing has gone through the official NASCAR submission and approval process for the new car, and, once templates are finalized, production of Mustang parts will start so teams can build the first cars for testing later this fall. It is expected that the NASCAR Mustang will make its race debut in the spring at Talladega. NASCAR officials say that this Mustang will look and drive differently than the Cup Series’ “Car of Tomorrow” cars, thereby better distinguishing the two series.

“We had been talking with NASCAR for some time about Mustang as part of its vision for a ‘muscle car’ rollout for the Nationwide Series. We both saw it as a way of differentiating the series from Sprint Cup,” said Wolfe. “We loved the idea, so we jumped on the chance to extend Mustang's racing legacy to a new series reaching a huge and loyal audience.

Rumors persist that Dodge will follow the muscle-car motorsports trend by putting the Challenger in the Nationwide Series. It would be a trifecta if Chevrolet joined with the Camaro, though this is a tough time to add cost and complexity to a motorsports program. Still, it would be great to see these reborn 1960s legends battle on the big tracks.

Get a jump on the competition and read our 2010 Ford Mustang review.

Expand your NASCAR knowledge with:

NASCAR - Common Terms and Phrases Defined
NASCAR Basics - Understanding NASCAR

Bankruptcy Court Approves Sale of GM Assets to New GM

admin — Tue, 07 Jul 2009 00:51:00 GMT

The General is racing through its bankruptcy proceedings, with victory lane in sight, where the troubled automaker will arrive leaner, meaner, and better positioned for long-term success. A key milestone was reached Sunday when Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation's assets to the new GM.

Through the 363 asset sale, the new company will carry on with the “best” parts of the old corporation, officially known as Motors Liquidation Company. Among the key assets are just four brands: Buick, Cadillac, Chevrolet, and GMC. Separately, GM has said it will withdraw from the NUMMI cooperative factory venture with Toyota, where the Pontiac Vibe was built in California.

The new GM's common stock will be owned by:

U.S. Department of the Treasury: 60.8 percent
UAW Retiree Medical Benefits Trust: 17.5 percent
Canada and Ontario governments: 11.7 percent
The old GM: 10 percent

The judge's order included a four-day stay before closing of the sale can occur, allowing for appeals to be heard.

autoMedia CARnival July 3, 2009: What is happening this week in the auto blogs?

Brandy Schaffels — Fri, 03 Jul 2009 15:00:00 GMT

It's the week ending July 3, and we've browsed our favorite automotive blogs all week long to gather a collection of what we feel is the highlight from each. Gas prices and gas deals are a big incentive for car sales this week, as well as news on the status of the automotive industry.

It's a popular car with unpopular reviews! First Jeremy Clarkson blasted it, then Consumer Reports slammed its "ride quality, handling, interior noise, acceleration, rear-seat, access, and visibility," and now AutoBlog has given the 2010 Honda Insight another disappointing review, citing a bouncy ride and small interior space as its major flaws. Doesn't anybody have something GOOD to say about Honda's gas-electric hatchback? Read what we have to say about the Insight here at autoMedia.com

AutoBlogGreen has got a short report on the "Free Gas for Summer" promotion Suzuki is offering on all SX4s sold from now through August 31st, explaining that the purchaser really gets is a pre-paid credit card loaded up with $270 for the SX4 Sedan or $290 for the slightly less fuel efficient SX4 Crossover. Heck, it's a relatively pain-free way for Suzuki to advertise "Free Gas!" and it's still a few hundred bucks back in your pocket.

Free gas and cheap gas must be the hot keywords this week! AskPatty reports that Hyundai is offering a new Assurance program that guarantees a year's worth of gas at $1.49 per gallon on most Hyundai models leased or purchased between July 1 and August 31, 2009. With gas currently hovering around $3.00/gallon, this program could save Hyundai buyers about $500 a year.

Over at Jalopnik, if the article itself isn't entertaining enough, the commentary will get you every time! Which makes me wonder sometimes if their community might have more talent than their staff? NAH! Those guys have got some SKILLZ! Evidence of Jalopnik's true talent is found here in this informative article that describes five ways the new "Car Allowance Rebate System" auto sales incentive program could endanger consumers.

With General Motors officially terminating its joint-venture at the New United Motor Manufacturing Inc. factory, LeftLaneNews says Toyota is weighing new plans for the California plant. While many options are currently on the table now that the Pontiac Vibe is a goner, Toyota could be alter the NUMMI plant to produce the company's popular Prius hybrid.

Speaking of Toyota, AutoSpies reports that Toyota has lost more money than either Ford or GM for the first three months of the year. In a short report full of numbers and statistics, AutoSpies says Ford has outsold Toyota for third month in a row, and that so far this year GM has outsold Toyota 947,518 to 770,449. Is it a twist of fate or justice served?

Want more information on those sale figures? The Detroit Bureau has a colorful graph comparing the top ten vehicle sales in the Domestic market from June 2008 to June 2009. Overall in June, Chrysler Group sales declined to 68,297 vehicles, a decrease of 42% compared with June 2008, while the market is down on average 37%. The Ford F-Series pickup remains a winner, leading sales in 2009, and in the top half of 2008.

Are you traveling with pets over the upcoming holiday weekend? Consider stopping by Mount Dora, Florida, a charming canine-friendly stopoff 20-some miles northwest of Orlando, where according to the dog-loving folks at AutomotiveTraveler "Yappy Hour" events are held at The Wine Den on the third Friday of every month to benefit the Humane Society of Lake County. Woof!

Thanks for joining us for this week's autoMedia.com CARnival! Have you got something of interest you want us to include in a future carnival? Then fill out our online form so we can be notified of your interesting entry to our weekly blog CAR-nival. Check back next week for another installment--until then, have a great weekend!

Brandy Schaffels, Contributing Editor