Archive for June, 2008

Made For Each Other: Tesla to build new sedan in California

Monday, June 30th, 2008

DETROIT - Like a major league baseball team threatening to leave for a new city out west unless its rundown, depressed hometown builds a shiny new stadium, “zero-emissions” carmaker Tesla Motors was looking to move its…

Original post by info.rss@cro.consumer.org (Consumer Reports)

Downsizing to two wheels - Motorcycle interest revs up

Monday, June 30th, 2008

Downsizing to two wheels - Motorcycle interest revs up

Gas_pricessurvey_3
Readers have been very vocal this spring and summer about their growing interest in motor scooters and motorcycles as a means to reduce their fuel consumption. The rapid rise in fuel prices is taking an unexpected toll on the average household, and these two-wheeled machines promise an entertaining alternative to commuting by car.

As we have conveyed in the forum and through blogs, the Cars team is looking very seriously at motorcycles and scooters. We’ve been visiting dealers, talking to manufacturers, and studying market research as we get our collective hands around these products and related issues.

Survey says….
One tool we have used is our latest Auto Pulse survey conducted by the Consumer Reports National Research Center. The focus for this random, nationwide telephone survey was gas prices, and the results are presented in “Gas prices survey shows pain at the pump hurts at home.” In constructing the interview-based survey, we did slip in a question asking the adult car drivers if they have considered the ultimate vehicle downsize–giving up two wheels.

What we found is that 26 percent have considered this significant change, with 18 percent looking at a motorcycle and 14 percent drawn to a scooter.

As we wrote in “Motorists move to scooters and motorcycles to save,” sales of scooters are up 24 percent for the first few months of 2008. With gas prices continuing to rise, sales could increase during the summer months.

These numbers are quite dramatic given the inherent compromises with two-wheel transit, such as seasonal, fair weather use; limited speed; limited passenger and cargo capacity; and of course, safety. But clearly, there is an accelerating trend that we will continue to monitor.

Are you using a motorcycle or motor scooter to reduce your fuel costs? Considering purchasing one?

Join in the discussion in our forum. We’re interested in hearing how often you drive one; what you’re riding or considering; and what kind of fuel economy you are observing.

As always, be safe.

Jeff Bartlett

Join the discussion in the Cars forums to share how gas prices have impacted your lifestyle and what adjustments you are making to compensate. If you’d rather talk motorcycles and scooters, visit this forum.

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Original post by info.rss@cro.consumer.org (Consumer Reports)

Seoul Shares Rebound on Auto, Shipyard Gains - 코리아타임즈

Monday, June 30th, 2008
Seoul Shares Rebound on Auto, Shipyard Gains
코리아타임즈, South Korea - 1 hour ago
The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.02 points, or 0.18 percent, to 1677.94 in the first 15 minutes of trading. No.

Original post by info.rss@cro.consumer.org (Consumer Reports)

Bikini Driving School EP1: BMW M5 Test Drive by Teresa Noreen (Video + Photos)

Monday, June 30th, 2008

Teresa Noreen came down to Miro Wheels in her tiny bikini to spend some time behind the wheel of a BMW M5 and to give it a soapy wash after.

Original post by Automotive News - Supplier News Feeds

Chrysler to close Missouri plant indefinitely

Monday, June 30th, 2008

Chrysler LLC said Monday it will close one Missouri plant indefinitely this fall and cut production at another due to slumping demand for trucks and other large vehicles.

Original post by Automotive News - Supplier News Feeds

Average gas prices—June 30, 2008

Monday, June 30th, 2008

Average gas prices—June 30, 2008

Gas prices rise slightly in most areas right before the 4th of July holiday.

National retail fuel price averages

Price Change from last week
Regular gasoline/gallon $4.10 ↑ .02
Diesel fuel/gallon $4.65 0

Regional regular gasoline prices

Price Change from last week
East Coast $4.06 ↑ .01
  -New England $4.12 0
  -Central Atlantic $4.10 0
  -Lower Atlantic $4.00 ↑ .02
Midwest $4.03 ↑ .04
Gulf Coast $3.93 ↑ .01
Rocky Mountain $4.03 ↑ .03
West Coast $4.46 0
  -California $4.57 ↓ .01

Source: Energy Information Administration, 6/30/08

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Original post by info.rss@cro.consumer.org (Consumer Reports)

Average gas prices—June 30, 2008

Monday, June 30th, 2008

Average gas prices—June 30, 2008

Gas prices rise slightly in most areas right before the 4th of July holiday.

National retail fuel price averages

Price Change from last week
Regular gasoline/gallon $4.10 ↑ .02
Diesel fuel/gallon $4.65 0

Regional regular gasoline prices

Price Change from last week
East Coast $4.06 ↑ .01
  -New England $4.12 0
  -Central Atlantic $4.10 0
  -Lower Atlantic $4.00 ↑ .02
Midwest $4.03 ↑ .04
Gulf Coast $3.93 ↑ .01
Rocky Mountain $4.03 ↑ .03
West Coast $4.46 0
  -California $4.57 ↓ .01

Source: Energy Information Administration, 6/30/08

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Subscribe to ConsumerReports.org for expert Ratings, buying advice and reliability on hundreds of products.


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Original post by info.rss@cro.consumer.org (Consumer Reports)

When it comes to cars, kids want luxury

Monday, June 30th, 2008

BMW India Private Limited, President Peter Kronschnabi poses next to the BMW M3 Coupe at it's launch during the 9th Auto Expo in New Delhi, India, Wednesday, Jan. 9, 2008. The M3 Coupe is priced at Rupees 74,90,000 (US $ 192,051). (AP Photo/Mustafa Quraishi)If you’re of the view that today’s up-and-coming “Generation Y” workers tend to have a serious sense of self-entitlement, recent auto sales figures support your position. 

Original post by Automotive News - Supplier News Feeds

GM seeks to seize tooling from bankrupt supplier

Monday, June 30th, 2008

General Motors has asked for court approval to seize tools from bankrupt auto parts maker Progressive Molded Products Inc., citing a potential for supply disruptions that could force the carmaker to shut its assembly lines.

Original post by Automotive News - Supplier News Feeds

BMW calls CAFE plan ‘not feasible’

Monday, June 30th, 2008

BMW of North America is calling on the Bush administration to create an alternative fuel economy program for companies that would be hardest hit by proposed new standards in the 2011-15 model years.

Original post by Automotive News - Supplier News Feeds