Showing posts with label Reports. Show all posts
Showing posts with label Reports. Show all posts

Monday, May 2, 2011

NHTSA Investigates 200,000 Ford Escape and Mercury Mountaineer SUVs for Shattering Tailgate Glass


The National Highway Traffic Safety Administration (NHTSA) said it has opened a preliminary investigation concerning 200,000 Ford Escape and Mercury Mariner SUVs from the 2010 and 2011 model years, after receiving several complaints that the window glass in the tailgate allegedly shattered without warning.

The safety agency said it received 18 complaints noting that “the liftgate window glass shattered spontaneously, while opening the liftgate or while closing the liftgate. In one alleged injury incident, the complainant and her 10 year old son were cut by glass fragments."

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Nissan Brazil Strikes Again with an Ad for a Family Minivan that You’re Never Going See in the U.S. [NSFW]


Back in March, Nissan do Brasil aired a commercial, which drew the wrath of Ford’s local arm for making claims that the Detroit automaker charges customers too much for its family models. But while Ford’s people only saw a Focus and a pair of rappers dressed as engineers chanting about the money they made by overpricing the hatchback, some viewers were also captivated by the curvalicious bikini-clad models…

Now, Nissan of Brazil returns with a new TV spot, this time for the Livina 7-seater compact minivan. While the Japanese carmaker avoids referring to a specific rival, the theme appears to be similar: scantily dressed female models dancing provocatively and a tagline aimed at the competition. And oh; towards the end of the clip you may notice the Livina and young family of four (not that we’re complaining about the appearance of the ladies…).

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Sport Truck Redux: New Rumors About the Holden Ute Heading to the U.S.A.


It’s a poorly kept secret that many Americans are quite fond of the Australian-made and Commodore-derived, Holden Ute, which we recently drove in Queensland. It’s big, brutish and comfortable with a bevy of engine and equipment options to suit virtually any budget or taste - so long as those tastes only extend to, “Big, brutish V6 or V8 engined utes”.

Before the Global Financial Crisis of 2009, the subsequent bankruptcy GM and the disillusion of the Pontiac brand, as many as half of the Holden Commodores built in Australia were destined for the U.S. and the world in the form of the Pontiac G8. A thinly disguised Holden Ute even made a showing at the 2008 New York Auto Show as the Pontiac G8 Sport Truck.

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Saab Announces Strategic Partnership with China’s Hawtai Motor Group, Secures New $30 Million Loan


Spyker Cars NV and Saab president Victor Muller is pulling all the strings to kick start the Swedish automaker back into life after the company hit a cash crunch and was forced to halt production last month as suppliers refused to send parts citing lack of payment.

After an earlier announcement on the involvement of Russian banker Vladimir Antonov, who plans to invest €30 million in Saab’s parent company Spyker in return for a 29.9 percent stake, Muller hit twice today revealing that the company has secured a €30 million convertible loan from Gemini Investment Fund Ltd, while also announcing a new partnership with China’s relatively unknown, Hawtai Motor Group.

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Chevrolet Begins Taking Orders for Volt in Canada


General Motors is adding Canada to the list of countries that will soon get the Chevrolet Volt as starting from today, the company’s dealers in seven key regions across the country will begin accepting orders for the extended range electric vehicle, with prices starting from at CA$41,545 (equal to US$43,780 at today’s exchange rates). Read more »

Euro-spec Ford Focus to Bring Internet Access to the Masses in 2012


The European division of Ford announced on Monday that its Sync system with MyFord Touch will feature WiFi connectivity on the new Focus starting from 2012. The infotainment system will create a password-protected WiFi hotspot inside the car allowing up to five devices to be connected. The service will be free of charge, as the in-car internet connection will use customers' existing USB modems or compatible smartphones to access the web. Read more »

Chrysler Reports Net Profits for the First Time Since Emerging from Bankruptcy


On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter of 2011 compared to a net loss of $197 million in the same period last year.

At the same time, the company’s revenues grew 35 percent from $9.7 billion in Q1 2010 to $13.1 billion in Q1 2011. In addition, the automaker said it had $9.9 billion in cash reserves at the end of the first quarter compares to 2.5 billion in December 31, 2010.

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