GLG News by Experts in the Automotive Council
Analysis of:
BIAfn: Small-Market Radio Will Rebound Sooner (www.radioink.com)
Gas prices are up, auto sales are down. Automakers are looking for additional ways to cut costs. You can bet that advertising is going to be one of them.
Analysis of:
Chrysler Lures Buyers With Fuel Incentive; Program Extended (money.cnn.com)
Gas prices keep going up and Chrysler executives keep trying to pump life-and hype-into their gas-price protection incentive, which they have extended through July 7.
Analysis of:
Toyota plans 2 new hybrids, lithium ion production (www.autonews.com)
The recent spike in gas prices will finally establish a "tipping point" whereby the auto industry will fundamentally change. Industry leader Toyota will be one of many serious entrants into the electric car business, and US consumers will finally take notice. Key success factors, in my opinion...
Analysis of:
G.M. Shifts Focus To Small Cars in Sign of Sport Utility Demise (www.nytimes.com)
GM can't just wish away the Hummer dilemma. It has four major options, sell it, discontinue the brand, try to remake it as a "green" vehicle, or stick with it as it is.
Analysis of:
Pumping Up the Volume: HD Radio Touts Price Cuts (www.investors.com)
The new price point for HD receivers will mean signicantly more volume of units in automotive OEM applications, potentially surpassing one million units installed in OEM applications by early 2009. Unlike Sirius and XM, Ibiqiuty's HD radio is finding an audience in Asia and in Europe. Ibiquity is entering...
June 9, 2008
Volkswagen Announcement in July Will Be a Bright Spot in an Otherwise Gloomy Automotive Mont
Analysis of:
Decision on VW plant still on track for July announcement (www.chicagotribune.com)
Volkswagen Announcement in July Will Be a Bright Spot in an Otherwise Gloomy Automotive Mont
Volkswagen recognizes they have to produce in the US to growth the US market share. The same formula has worked for the other German, Japanese, and Korean transplants. Expect the factory to be flexible enough to produce both Volkswagen and Audi products, since they share platform and powertrain components....
Analysis of:
Chrysler Falls In Vehicle Quality Study; Chevy, Ford Gain (money.cnn.com)
The quality of vehicles built for American consumers has improved virtually across the board according to J.D. Power. A notable exception: Chrysler.
Analysis of:
Truck Sales Sink, Shaking Up Auto Market (online.wsj.com)
May was a watershed month for an industry catching up with the breathtaking changes that customers are now making.
Analysis of:
G.M. Closing Four Plants In Shift From Trucks Towards Cras. (www.nytimes.com)
In a brilliant tactical move, GM on Tuesday announced it was closing four truck plants, had approved funding for its new electric car, the Chevy Volt, and suggested the possible sale of the Hummer brand.
Analysis of:
GM To Shutter Four Truck Plants (online.wsj.com)
If conditions in the auto industry don't start improving soon, GM may have to start looking for coins between the seats of its vehicles.
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