Automotive News - October 20, 2008 - (Page 32) 32 • OCTOBER 20, 2008 CLASSIFIEDS 800-388-1800 313-446-6065 DEALER SERVICES FIXED OPERATIONS - Are you selling all you can on the Service Lane? Is your Parts & Service Depts. profitable? Do you have a Parts Obsolescence concern? Specializing in Reynolds & Reynolds. Call 704-219-3032 DEALERSHIP VALUATION / Succession Planning / BuySell Consulting / Profit Improvement / Litigation Support/ Internal Control Review / Tax Strategies. The DeValk Associates, Ltd., CPAs & Consultants. 847-255-1887. Ford targets fleets with parental control key Rick Kranz rkranz@crain.com BUSINESS SERVICES SAVE 25% ON TAX RETURN PREP 50% on LIFO Services CALL 888-341-4544 lifoforless.com BUSINESS OPPORTUNITIES $30K-$50K POTENTIAL PER MONTH No MLM. No selling. Ex General Manager. This is all I do. Call 407-719-5848 or go to: www.nowyoucan2.com AUTO EXECS, COLLECT REALISTIC $250K FIRST YEAR On your own terms. Low initial investment, no MLM or products to sell. Excellent training and support. www.GlobalWealthSource.com or 800-634-3710 DEALERS - BROKERS - CPA’S- Need to turn around a dealership? Domestic or import, we can help. Over 40 years combined experience. Call or email sdavis@cardealersolutions.net or 888-670-3338. DETROIT — Ford Motor Co. will target fleet owners with the same technology it is giving parents to encourage safe driving by teens. The technology, called MyKey, allows the vehicle owner to do such things as cap vehicle speed at 80 mph, mute radio volume until the driver’s seat belt is buckled and warn the driver that a recommended speed has been exceeded. MyKey will be a standard feature on about half of the 2010 Ford, Mercury and Lincoln nameplates, said Andy Sarkisian, safety product marketing manager. Ford will offer the feature as standard equipment on most of its 2011 lineup. “It is a tool to help enforce company policies,” said Sarkisian, who spoke here at a Ford safety event. “For the (fleet) owner, it is improved peace of mind because it will encourage safer behavior, discourage risky behavior, reduce liability exposure and protect the vehicle from abuse.” Ford plans to lobby several insurance companies, asking that each provide a discount to companies with MyKey vehicles in their fleet. The MyKey feature also allows the vehicle owner to activate a seat belt reminder chime that lasts as long as five minutes and a speed alert chime that can be set for 45, 55 or 65 mph. The traction control system, which limits wheel spin, cannot be deactivated. Another safety feature that Ford introduced is intended to reduce rearend crashes. Ford calls the feature “collision warning with brake support,” and it will be offered on several nameplates next year. Price has not been set. The system uses radar to detect moving vehicles ahead and warns the driver with an alarm and a light that is reflected off the windshield. The brakes charge and the electronic brake assist system engages for a quick stop. The system triggers the warning when the vehicle is 1.5 or 2.5 seconds from impact, prompting the driver to hit the brakes or swerve to avoid a crash. The driver selects the time period. “We believe this is one of the most important safety developments for the next five years,” said Paul Mascarenas, engineering vice president. Mascarenas said the Insurance Institute for Highway Safety believes such a system may prevent 90 percent of the nearly 2.5 million rear-end crashes that occur annually in the United States. He said the majority of those accidents are the result of drivers who are distracted or tired. c 33 PROFIT! % 800-942-1440 www.TriFun.com European sales fall; VW group bucks the trend Audi’s 18.5% jump keeps parent No. 1 Dave Guilford dguilford@crain.com Estimated Europe light-vehicle registrations by manufacturer, September & 9 months Sept. 2008 Sept. Percent 2007 change 9 mos. 2008 9 mos. Percent 2007 change A Realistic $150K First Year Income Potential Well over $14 Million in pd commissions in our first 52 wks! I left 10 yrs in F&I for this and made $190,804 my 1st year! Best move ever! www.excarguy.com $19K PROFIT MY 1st MONTH working from home in less than 25 hrs per week! $1K-$8K profit per sale. This is Not MLM! FREE Training & Support Provided. Call 1-888-880-1317 * 24 hrs Estimated Europe registrations by country 9 mos. Percent 2008 change INVESTMENT OPPORTUNITIES TOYOTA DEALER SEEKS EQUITY PARTNER to purchase Honda Dealership. Potential Partner must have at least 1 Million in equity available. If interested please email sjenkinson@cartergroup.ca VANS FOR SALE Over 30 ’08 Dodge Sprinter Vans available 2500 and 3500. Regular and extended. 144 and 170 inch WB, Diesels, with and without window packages. Will sell at invoice less holdback. Transportation assistance available up to 750.00 per unit. Danbury Dodge Howard Sackaroff 203.730.5738 Fred Lechner 203.825.5865 hsvette@aol.com TRUCKS FOR SALE OVERSTOCKED 2008 GMC Trucks - Yukon, Yukon XL, Denali, Denali XL, Sierra $2000 back of invoice. Pay less than the factory- no advertising 100 fresh units to choose Bright Bay GMC 631-666-6100 - Carl AUCTIONS Need Floor Plan Large Independent Dealership Call - 832-465-1712 CARS FOR SALE KIA SPECTRAS, RIOS ALL Brand New, ALL Minus Holdback NO Brokers, please. dlrct016@comcast.net Buoyed by increased Audi sales, Volkswagen AG was the only major automaker to post higher year-overyear European sales in September. Volkswagen remained Europe’s top automaker by volume, selling 263,435 units in the month, up 1.4 percent from September 2007. An 18.5 percent spurt by Audi to 63,796 units more than accounted for the rise, although Skoda brand sales also rose. Sales for the Volkswagen brand dipped 1.4 percent, although — at 135,313 units — it remained the best-selling brand for the month. Volkswagen’s increase was a rare bit of September sunshine, as total European sales declined 8.2 percent to 1,304,583 units. For the first nine months, European sales totaled 11,710,521, down 4.4 percent. Germany remains by far the largest market and, at 2,371,473 units, is up 1.3 percent for the year. Other volume leaders lost sales in September. Ford Motor Co. fell 11.4 percent and General Motors dropped 18.1 percent. Fiat and Renault recorded mild declines, but BMW Group, Toyota Motor Corp., Daimler AG, Nissan Motor Co., Hyundai and Honda Motor Co. had steeper sales drops. Germany 2,371,473 United Kingdom 1,794,419 Italy 1,709,377 France 1,575,764 Spain 947,990 Belgium 440,731 Netherlands 421,340 Poland 235,717 Austria 232,157 Romania 228,450 Greece 226,236 Switzerland 218,770 Sweden 196,911 Portugal 162,109 Ireland 145,643 Denmark 121,749 Hungary 120,474 Finland 118,542 Czech Republic 109,000 Norway 87,456 Slovenia 55,255 Slovakia 52,083 Luxembourg 41,473 Bulgaria 34,324 Estonia 20,525 Lithuania 17,765 Latvia 16,056 Iceland 8,732 TOTAL 11,710,521 Note: Excludes most commercial vehicles Source: ACEA 1.3 –7.5 –11.3 3.4 –22.0 5.3 1.2 8.8 0.3 –1.4 –0.9 2.8 –10.3 4.7 –19.3 2.2 –6.8 9.1 10.4 –10.6 10.1 19.8 4.0 16.5 –15.0 19.6 –35.9 –29.9 –4.4 Volkswagen division 135,313 Audi 63,796 Seat 23,846 Skoda 40,183 Other 297 VOLKSWAGEN AG 263,435 Peugeot 84,987 Citroen 68,546 PSA GROUP 153,533 Ford division 115,136 Volvo 20,867 FORD MOTOR CO. 136,003 Opel/Vauxhall 105,519 Chevrolet/GM Daewoo 18,021 Saab 5,866 GM U.S. 340 GENERAL MOTORS 129,746 Renault division 86,233 Dacia 16,684 RENAULT 102,917 Fiat division 78,992 Lancia 9,311 Alfa Romeo 8,769 Other 481 FIAT GROUP 97,553 BMW division 59,100 Mini 15,267 BMW GROUP 74,367 Toyota Division 70,376 Lexus 3,372 TOYOTA MOTOR 73,748 Mercedes-Benz 66,223 Smart 9,381 DAIMLER AG† 75,604 NISSAN 32,762 HONDA 27,602 HYUNDAI 23,322 SUZUKI 26,702 MAZDA 25,738 KIA 18,099 MITSUBISHI 9,699 Jaguar 5,016 Land Rover 7,114 TATA MOTORS†† 12,130 CHRYSLER LLC† 6,225 OTHER 15,397 TOTAL 1,304,583 137,292 53,833 30,106 38,189 420 259,840 93,787 74,986 168,773 129,269 24,266 153,535 130,423 18,900 8,559 504 158,386 95,099 10,074 105,173 79,316 8,800 10,392 386 98,894 70,758 17,143 87,901 74,143 4,947 79,090 70,670 10,027 80,697 34,558 37,439 27,019 26,944 25,235 20,876 13,297 4,503 13,846 18,349 11,318 14,409 1,421,733 –1.4 1,211,549 1,238,099 18.5 507,169 507,917 –20.8 268,335 297,549 5.2 359,738 364,028 –29.3 3,070 3,867 1.4 2,349,861 2,411,460 –9.4 810,484 765,779 –8.6 678,516 654,161 –9.0 1,489,000 1,419,940 –10.9 975,087 1,012,958 –14.0 176,569 198,468 –11.4 1,151,656 1,211,426 –19.1 935,464 1,047,251 –4.7 147,628 154,215 –31.5 52,410 63,763 –32.5 4,294 4,339 –18.1 1,139,796 1,269,568 –9.3 883,662 917,443 65.6 138,452 124,655 –2.1 1,022,114 1,042,098 –0.4 765,277 749,611 5.8 89,487 97,080 –15.6 78,619 113,272 24.6 5,431 4,362 –1.4 938,814 964,325 –16.5 529,189 523,580 –10.9 118,541 108,994 –15.4 647,730 632,574 –5.1 608,529 693,433 –31.8 23,232 31,429 –6.8 631,761 724,862 –6.3 547,654 573,808 –6.4 76,811 66,412 –6.3 624,465 640,220 –5.2 277,081 237,342 –26.3 215,738 249,111 –13.7 214,304 230,007 –0.9 202,374 218,916 2.0 202,287 187,169 –13.3 188,047 187,879 –27.1 96,706 110,992 11.4 30,958 26,725 –48.6 58,327 81,095 –33.9 89,285 107,820 –45.0 77,117 91,074 6.9 152,385 315,007 –8.2 11,710,521 12,251,790 –2.1 –0.1 –9.8 –1.2 –20.6 –2.6 5.8 3.7 4.9 –3.7 –11.0 –4.9 –10.7 –4.3 –17.8 –1.0 –10.2 –3.7 11.1 –1.9 2.1 –7.8 –30.6 24.5 –2.6 1.1 8.8 2.4 –12.2 –26.1 –12.8 –4.6 15.7 –2.5 16.7 –13.4 –6.8 –7.6 8.1 0.1 –12.9 15.8 –28.1 –17.2 –15.3 –51.6 –4.4 †DaimlerChrysler sold the Chrysler group on Aug. 3, 2007; Chrysler LLC and Daimler AG totals through July 2007 are extracted from DaimlerChrysler. ††Ford Motor Co. sold Jaguar and Land Rover to Tata Motors on June 2, 2008; Jaguar and Land Rover sales through May 2008 are included with Tata Motors for comparison purposes only. Note: Reflects estimated registration data from 28 European countries; excludes most commercial vehicles Source: ACEA Likewise, among the five largest markets, only France had an increase in sales. Sales slid in Germany, the United Kingdom and Italy. In Spain, sales tanked 32.2 perc http://www.lifoforless.com http://www.nowyoucan2.com http://www.GlobalWealthSource.com http://www.TriFun.com http://www.excarguy.com http://www.naamsa.co.za http://www.awbriefing.com/events http://www.sae.org http://www.seattleautoshow.com http://www.aapexshow.com http://www.sae.org http://www.salaodoautomovel.com.br http://www.sae.org http://www.motortrendautoshows.com http://www.automechanika.com http://www.sae.org
Table of Contents Feed for the Digital Edition of Automotive News - October 20, 2008 Automotive News - October 20, 2008 Amazingly, vehicle inventories are low An upside of the big slide: Raw material prices dip â for now With GMAC out, banks trickle in Get your daily Automotive News - in video form, starting Nov. 3 Honda's Fukui favors fed loans, confirms V-8 To move the metal, Mike Kahn moves the store Hyundai airbag flaw tied to drink spills Texas promo: Buy a GM vehicle, get GM stock Chrysler's uphill road in China GM/Chrysler? Anything's possible GM/Chrysler deal? Companies' pension plans may need cash Acura dealers: A V-8 engine is on the way Buyers pursue former Heard stores Honda: We're still lending Gilles, Ligocki will speak at congress Fed list promotes high-mileage cars Party time: Saturn turns to grass-roots marketing Online inventory service aims to cut dealer costs Document fees must not become a dirty little secret Just put up a 'For Sale' sign Cash for clunkers? Scrap the idea Arbitration can work for everyone It's time we control our own destiny GM missed boat on Cheyenne, Volt Sept. truck sales fall 7.4% Microheat seeks Chapter 11 At Bosch, r&d spending remains strong GM's new diesel opens up, loses weight Urea must flow or new diesels won't go Hankook plans to bring fuel-saving tire to North America Odell: I can help Volvo tap more potential So far, BMW cruises above the credit crisis Jatco builds China plant to meet expanding CVT demand 10 appointed at American Axle Personnel Milestones Obituaries Supplier Personnel Biking buddies Ford targets fleets with parental control key European sales fall; VW group bucks the trend 11 innovators win honorable mention 25 finalists selected for 2009 PACE awards Suppliers to the 2009 BMW X6 GMAC's loan cutbacks cost GM thousands of auto sales Credit tops agenda for NADA chief 'Flash' draws modest cash at theaters Booth's new berth sparks CEO speculation at Ford Economy's skid sends ritzy toys to eBay Report: Mazda scraps plan for U.S. plant GM's quandary: Finding loans for the imperfect Taylor to Hummer - and then ... ? Tough times at Tesla Automotive News - October 20, 2008 Automotive News - October 20, 2008 - (Page Intro) Automotive News - October 20, 2008 - With GMAC out, banks trickle in (Page 1) Automotive News - October 20, 2008 - With GMAC out, banks trickle in (Page 2) Automotive News - October 20, 2008 - Texas promo: Buy a GM vehicle, get GM stock (Page 3) Automotive News - October 20, 2008 - Companies' pension plans may need cash (Page 4) Automotive News - October 20, 2008 - Companies' pension plans may need cash (Page 5) Automotive News - October 20, 2008 - Gilles, Ligocki will speak at congress (Page 6) Automotive News - October 20, 2008 - Gilles, Ligocki will speak at congress (Page 7) Automotive News - October 20, 2008 - Online inventory service aims to cut dealer costs (Page 8) Automotive News - October 20, 2008 - Online inventory service aims to cut dealer costs (Page 9) Automotive News - October 20, 2008 - Online inventory service aims to cut dealer costs (Page 10) Automotive News - October 20, 2008 - Online inventory service aims to cut dealer costs (Page 11) Automotive News - October 20, 2008 - Arbitration can work for everyone (Page 12) Automotive News - October 20, 2008 - Arbitration can work for everyone (Page 13) Automotive News - October 20, 2008 - GM missed boat on Cheyenne, Volt (Page 14) Automotive News - October 20, 2008 - GM missed boat on Cheyenne, Volt (Page 15) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 16) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 16A) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 16B) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 16C) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 16D) Automotive News - October 20, 2008 - Microheat seeks Chapter 11 (Page 17) Automotive News - October 20, 2008 - Hankook plans to bring fuel-saving tire to North America (Page 18) Automotive News - October 20, 2008 - Hankook plans to bring fuel-saving tire to North America (Page 19) Automotive News - October 20, 2008 - Hankook plans to bring fuel-saving tire to North America (Page 20) Automotive News - October 20, 2008 - Hankook plans to bring fuel-saving tire to North America (Page 21) Automotive News - October 20, 2008 - Odell: I can help Volvo tap more potential (Page 22) Automotive News - October 20, 2008 - Odell: I can help Volvo tap more potential (Page 23) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 24) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 24A) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 24B) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 24C) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 24D) Automotive News - October 20, 2008 - So far, BMW cruises above the credit crisis (Page 25) Automotive News - October 20, 2008 - Obituaries (Page 26) Automotive News - October 20, 2008 - Biking buddies (Page 27) Automotive News - October 20, 2008 - Biking buddies (Page 28) Automotive News - October 20, 2008 - Biking buddies (Page 29) Automotive News - October 20, 2008 - Biking buddies (Page 30) Automotive News - October 20, 2008 - Biking buddies (Page 31) Automotive News - October 20, 2008 - European sales fall; VW group bucks the trend (Page 32) Automotive News - October 20, 2008 - European sales fall; VW group bucks the trend (Page 33) Automotive News - October 20, 2008 - Suppliers to the 2009 BMW X6 (Page 34) Automotive News - October 20, 2008 - GMAC's loan cutbacks cost GM thousands of auto sales (Page 35) Automotive News - October 20, 2008 - Credit tops agenda for NADA chief (Page 36) Automotive News - October 20, 2008 - Credit tops agenda for NADA chief (Page 37) Automotive News - October 20, 2008 - Tough times at Tesla (Page 38) Automotive News - October 20, 2008 - Tough times at Tesla (Page 39) Automotive News - October 20, 2008 - Tough times at Tesla (Page 40)
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.