Fancy a fuel tax holiday?  
Rising fuel prices aren't just a British problem, they're a global one. While our MPs appear to be looking on as prices climb to record levels, though, their American counterparts are coming up with innovative ideas to help motorists out.

The average price of unleaded in the UK is currently 502.12p a gallon. Although that's sky-high compared with the average American cost of $3.62 (184.6p), it seems politicians from across the Atlantic are far more inclined to make a stand.

The governor of Florida, for instance, has proposed that the state doesn't take any tax during a two-week period in July, an idea mirrored in Missouri, New York and Texas, where a summer tax 'holiday' is being proposed.

'It's about trying to understand and serve the people, and care about what they're dealing with at the kitchen table,' said Charlie Crist, governor of Florida.

Fuel in the USA is taxed at 18.4 cents (9.5p) a gallon by central government, as well as a levy set individually by each state that can be as much as 45.5 cents (23.6p).

However, that means a maximum of 33.1p of tax per gallon, which compares with the UK tax rates of 228.59p per gallon (50.35p a litre) of unleaded petrol - meaning UK petrol buyers are paying 690% more tax than their American counterparts.

Furthermore, UK tax rates are set to rise by another 2p a litre this October.

Source : http://www.whatcar.co.uk (5/8/2008)

How Many People Can You Stuff Inside a Jeep Wrangler Unlimited?  
LODZ, Poland It seems like a throwback to the silly fads of the 1920s, except this time the participants weren't eating goldfish, stuffing phone booths or sitting on flagpoles. They were trying to figure out how many people could fit inside a Jeep Wrangler Unlimited.

A Chrysler/Dodge/Jeep dealer here managed to pack 32 people into the Wrangler Unlimited's cabin and trunk and it has the s to prove it, including one depicting a blue-jeaned leg sticking through the vehicle's window. The event made the front page of the local newspaper, where we learned the critical bit of information that in Polish, Jeep translates to "Jeepie."

Chrysler's corporate blog reports that the "achievement will be added to the Polish Book of Unusual Records and Curiosities." The corporate blog also had this legal disclaimer: "We recommend you don't try this at home."

Source : http://www.edmunds.com (5/8/2008)

April West European car sales rose 9.9%  
New car sales in Western Europe rose by 9.9% year on year in April to 1,320,722 units, in part due to the early Easter this year providing extra sales days. J.D. Power Automotive Forecasting reported yesterday that the seasonally adjusted annualised rate of sales remained stable last month, despite economic uncertainty.

In Germany sales were up by 20%, bringing the year-to-date market up by 7.3%. Southern European countries especially Spain and Italy continued to reveal the negative impact on car demand of macro-economic weakness. The selling rate in Spain appears particularly ominous in light of a sharp slowdown in the construction sector.

The stable French car market remains on track for a small gain in 2008.

Source : http://www.autoindustry.co.uk (5/8/2008)

Shreyas Shipping steers Maruti cars into Kochi port  
Kochi, Shreyas Shipping Logistics Ltd, the logistics division of shipping conglomerate the Transworld Group, has formalised an exclusive contract with Maruti Udyog Ltd for the movement of Maruti cars to Kerala through the coastal shipping mode.

The company, which started moving cars on a trial basis from the Gurgaon factory to the Kochi port, has now signed an exclusive agreement in this regard, Mr Ramesh S. Ramakrishnan, Chairman of the Transworld Group, told reporters here on Thursday.

Shreyas is providing the entire logistics by transporting cars from Gurgaon to Mundra Port by road and transferring them to Kochi by sea.

It is currently carrying 250 cars weekly and the figures are likely to go up shortly.

The finalisation of this contract is set to increase the company’s business in coastal shipping, which is in the range of 1,100 TEUs, he said.

Alternative modes

To a question on time and cost savings through sea transportation, a spokesman of the company pointed out that there would not be much of a difference in cost while the time saved would be about three days and with less damage to the consignment.

Maruti is looking at alternative modes of transporting vehicles from its factory as the requirement for Maruti cars is increasing rapidly in the State and it cannot fully depend on the road network to cater to the demand.

Moreover, the State Government also wants to ease congestion on roads, he added.

Mr Ramakrishnan was in Kochi for the official launch of its newly built vessel — m.v. OEL Dubai — to service the Kochi-Colombo feeder sector.

The company has purchased the vessel from Singapore at a cost of $28 million. It had also placed orders for two more ships with Chinese yards, which will be delivered in 2010.

Fleet of 22

The group, with a turnover of $700 million, is having 22 ships in its fleet.

The focus of the company is largely in the business of feedering as well as in domestic coastal operations.

He said that the container throughput of Orient Express Lines, the flagship company of the group, has grown steadily over the years and for the year 2007, it moved close to five lakh TEUs.

With the growing trade between the Indian sub-continent and the Arabian Gulf, OEL sees its role as a regional carrier increasing in the future.

The future plans include feeder services from Kochi to Gulf and Jebel Ali to Umm Qasr in Iraq.

Feedering business

Asked about the future of feedering services at a time when major ports are setting up transhipment terminals, he said that the feedering business will remain here and only the size of vessels will change.

The feeder vessels will be required to move cargo for transhipment between major ports in the country, he said.

Source : Business Line (Online Edition) (5/8/2008)

JD Power customer satisfaction poll '08 - Introduction  
Why ask a few friends if they're happy with their cars when you can ask 16,000 motorists?

Tap into the JD Power and Associates/What Car? Customer Satisfaction Survey and you'll find out how 16,301 owners have got on with theirs.

All told, the motorists in our study have covered 272 million miles, so they've got a lot of experience to share.

The survey includes 28 manufacturers and 100 different models, from city cars to 4x4s, and covers vehicles registered between September 2005 and August 2006.

How the survey works

Each of the motorists in the survey filled out a detailed questionnaire that explored every aspect of their car ownership.

Eight areas were put under the microscope: mechanical problems, interior problems, exterior problems, vehicle performance, vehicle interior, vehicle exterior, the quality of service from dealers, and ownership costs.

In each area, owners rated their cars, which gave an overall Customer Satisfaction Index (CSI) score.

The overall result is drawn from these eight areas, weighted in favour of quality and reliability, then vehicle appeal, dealer service and, finally, the cost of ownership.

Source : http://www.whatcar.co.uk (5/8/2008)

At last, the new MG is on the way  
It's all systems go at Longbridge. MG, under the watchful eye of its new Chinese owner Nanjing Automobile Corporation (NAC), confirmed this week that production of the TF LE500, a reworked version of the existing MG TF mid-engined sports car, will begin at the Midlands plant in August. NAC, which bought MG in 2005, has always signalled its desire to get the TF back into production, but the LE500 version has had supply and production problems.

MG TF LE500

Buyers can expect the first TF LE500s in showrooms in September. Gary Hagen, sales and marketing director at NAC MG UK, said, "The open top sports car is an iconic image of British motoring and forms the basis of the MG marque's long pedigree. The launch of the TF LE500 signals our determination to keep this class of car at the heart of the brand as we take it forward."

While production lines crank into action at Longbridge, designers have made a start on the all-new MG range in Leamington.

NAC said: "The commitment planned by MG and the level of investment underwritten by SAIC [Shanghai Automotive Industry Corporation, which bought the rights to the Rover 25 and 75 and has since joined forces with rival NAC to build MGs] will persuade doubters that the MG brand is being relaunched with the support to make it successful again. Desirable and competitive British made sports cars will once again be rolling off a production line in Longbridge."

Source : http://www.telegraph.co.uk (5/8/2008)

A start MOT consultation or abandon 4-2-2 scheme  
Brian Spratt, chief executive of the Automotive Distribution Federation and Secretary to the Automotive Aftermarket Liaison Group of independent aftermarket bodies, has written an open letter to the Secretary of State for Transport, Ruth Kelly, urging an early start to a long-promised consultation on Treasury plans to reduce the UKs annual-after-three-years MOT test to a 4-2-2 regime.

Mr. Spratts letter, reproduced in full on www.aftermarketnetwork.com, reads as follows:

Dear Secretary of State,

I write on behalf of the Automotive Aftermarket Liaison Group; a regular forum of trade associations in the independent automotive aftermarket.

The associations members activities include the manufacture, wholesale and retail distribution of car and truck components, tyres, batteries, body panels, and lighting; plus the manufacturers of garage and workshop tools, diagnostic and heavy equipment, and the garages and workshops that service and repair vehicles, thus providing an essential service to motorists and vehicle users in all areas of the economy.

For several months DfT officials have repeatedly advised AALG members that a public consultation on the frequency of MoT tests is imminent. However, it appears that the Department is unable to produce a consultation document that would properly explore the very serious implications for road safety, congestion, insurance fraud and environmental considerations, without compromising the Treasurys desire to manipulate the system into a revenue raising measure.

Whilst the Department prevaricates, individuals and companies in the motor trade remain unsure of the basis upon which they may wish to make investment decisions. This is bad for the individuals and companies concerned, it is also bad for the consumers motorists fleet operators et al, who are denied an opportunity to ensure that their vehicles are maintained using the very latest techniques and equipment.

In addition, the Departments own agency, VOSA, is keen for MoT testing stations to adopt new technology in the form of Automated Test Lanes. This involves substantial investment by the testing stations and, quite understandably, proprietors are unwilling to make such investment until the situation regarding testing frequency and the revenue therein is clear. Thus a major plank of the DfTs improvement programme for testing stations is thwarted.

This situation cannot be allowed to continue.

We, representing a substantial section of the Motor Industry, challenge you and your officials to either release the consultation paper promptly, or announce the total abandonment of any move to change the frequency of vehicle testing. Only by such actions can a very important sector of the UK economy be allowed to get on with its job!

Source : http://www.autoindustry.co.uk (5/8/2008)

Hindustan Motors net down 79% in Mar`08 qtr  
Hindustan Motors reported a phenomenal drop in stand alone net profit for the quarter ended March 2008. During the quarter, the profit of the company declined 79.37% to Rs 109.50 million from Rs 530.70 million in the same quarter previous year. The company posted earnings of Rs 0.88 a share during the quarter, registering 73.25% decline over prior year period.

Net sales for the quarter rose 19.48% to Rs 1,850.10 million, while total income for the quarter fell 12.82% to Rs 1,942.20 million, when compared with the prior year period.

Source : myiris.com (5/8/2008)

WABCO and Truck Race Team Allgauer Continue Partnership in 2008  
BRUSSELS, -- WABCO (www.wabco-auto.com/home), one of the leading providers of electronic braking, stability, suspension and transmission control systems for the commercial vehicle industry, and Truck Race Team Allgauer today announced the renewal of their successful partnership in the European Truck Racing Championship. WABCO has supported the team of European Truck Champion Egon Allgauer since 2001 by supplying state-of-the-art braking technology and has significantly improved the competitiveness of Team Allgauer's race trucks.

"Reliable high performance braking technology is crucial for a team's success on the racetrack," says Egon Allgauer. WABCO is well prepared for this challenge and equips the racing trucks of Team Allgauer with anti-lock braking systems (www.wabco-auto.com/products_and_systems/products systems-anti-lock-braking-system-anti-spin-regulation-absasrand) the patented new generation of single piston Air Disc Brakes NG (www.wabco auto.com/products_and_systems/products-systems-air-disc-brake-new-generation ng-22-plus), with the best weight/performance ratio for heavy trucks. (Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)

"WABCO's Air Disk Brake New Generation 22 plus is tested in truck racing to evaluate data on the brake's performance under extreme conditions. It exemplifies how product development and, as a result, fleet owners and drivers benefit from our racing engagement," adds Harald Kaess, WABCO Vice President OE sales & Customer Management. "Our partnership with Truck Race Team Allgauer underlines our passion for innovative products, which contributes to increased safety and reduced costs for fleet owners."

For the 2008 truck racing season, Allgauer welcomes Russian driver Mikhail Konovalov as its new team member. "WABCO supports this decision as Mikhail Konovalov is a talented truck pilot and will contribute to the success of Truck Race Team Allgauer. For WABCO, Konovalov's commitment offers an opportunity to increase the company's visibility and brand awareness in the important Russian market," says Harald Kaess.

The European Truck Racing Championship 2008 season starts on May 10th. In ten race tracks across Europe, top teams will compete to win the championship. Barcelona, with its Circuit de Catalunya, is once again the venue for the season's kick-off-run.

2008 Truck Races

10 - 11 May: Barcelona, Spain

24 - 25 May: Misano, Italy

07 - 08 June: Albacete, Spain

28 - 29 June: Nogaro, France

11 - 13 July: Nurburgring, Germany

26 - 27 July: Donington, UK

30 - 31 August: Most, Czech Republic

13 - 14 September: Zolder, Belgium

20 - 21 September: Le Mans, France

04 - 05 October: Jarama, Spain

Source : http://www.automotive.com (5/8/2008)

GTA IV Rocks the Video World  
NEW YORK Grand Theft Auto IV, as expected, is a runaway hit, selling more than 6 million copies in its first week of release, with global sales exceeding $500 million.

Developed by Rockstar Games and released April 29 by parent Take-Two Interactive Software, the long-awaited GTA IV was purchased by 3.6 million users on the first day, chalking up sales of $310 million.

"Grand Theft Auto IV's first-week performance represents the largest launch in the history of interactive entertainment, and we believe these retail sales levels surpass any movie or music launch to date," said Take-Two Chairman Strauss Zelnick.

To put things in perspective, the previous gaming record-holder, Microsoft's Halo 3, racked up first-week sales of $300 million last year.

Hollywood may have reason to worry, too. The all-time blockbuster opening was Pirates of the Caribbean: At World's End, which collected more than $500 million globally in its first weekend. In comparison, Iron Man, which opened last weekend, took in more than $200 million around the world.

The potential long-term success of GTA IV could help buttress Take-Two in its struggle to fend off a hostile $2 billion takeover bid by rival Electronic Arts. Analysts are predicting GTA IV shipments could top 12 million units by year's end.

Source : http://www.edmunds.com (5/8/2008)

Bentley Designs Limited Edition of New James Bond Book  
CREWE, England It's the kind of bedside book that would thrill Agent 007. Bentley has designed an exclusive version of the upcoming James Bond book, Devil May Care, that will go on sale on May 28 for a whopping $1,156.

In a statement on Tuesday, Bentley said only 300 copies of the Special Series edition will be produced. The book is only available at the Penguin James Bond books Web site.

The book is bound to be a highly sought-after collector's item. The edition is "bound in Bodoniana-style cases and finished in burnt oak leather sourced from the tannery in Italy which provides the hides for Bentley's interiors," the automaker said. The Bentley diamond pattern found on the radiator grille and upholstery of modern Bentleys is hand-stitched on the leather casing and the front cover. The spine is emblazoned with the silver Bentley "Flying B," the radiator cap of the Bentleys of Bond's time.

The new James Bond may drive Aston Martins, but Bentley is quick to point out that "contrary to popular belief, Bond's preference has historically been firmly with Bentley Motors."

"He owned three Bentleys in the course of the 14 original novels written by Ian Fleming," said the automaker. "It is fitting, therefore, that in Devil May Care published to coincide with the centenary of Ian Fleming's birth Bond is found once again in the driving seat of his favourite car."

Perhaps the coolest part of the package is a pewter scale model modified Bentley R type that comes with the book. It is the Bentley described by Fleming in Thunderball and On Her Majesty's Secret Service. Bond nicknamed the car "the Locomotive." Bentley says it "never existed, but using Fleming's exact specifications," it has been created. The miniature is stashed in a car-shaped hole in the book and is individually numbered.

Source : http://www.edmunds.com (5/8/2008)

Garagetown Usa Sells 200th Garage Condo In Arizona  
Mesa, Arizona -GarageTown USA is celebrating the sale of its 200th garage condo unit in Arizona. Launched in August 2007, the company opened its first of five Arizona developments in Chandlers Stellar Airpark. We were amazed at how quickly people took to the idea of purchasing a garage condo here in Arizona recalls Stephanie McDaniel, Director of Sales and Marketing for GarageTown USA Arizona.

Mike McDaniel, a partner in the Arizona company notes, Investors have purchased from one to six units each at the completed location in Chandler as well as in developments about to break ground in early summer. GarageTown USA AZ offers private garages with 16 ceilings and up to 2,000 sq ft of usable interior space that owners have found an excellent way to protect their valuable classic cars, RVs, boats, trailers and recreational toys. GarageTown USA AZ has created a community of likeminded individuals that enjoy socializing and admiring one anothers garage. Many of the owners have taken the time to upgrade units with custom cabinetry, checkered floors, car lifts and mezzanines which offer a second floor for added space.

On the weekend, many of the owners have their door open and dont mind if other owners take a peek at their shiny cars and other collectibles. In fact, they encourage it remarks Stefanie. Word is spreading fast as owners share their stories of getting cars out of the driveway and off the street and being able to work in a secure environment where children cant accidentally harm vehicles while innocently playing. Women note they enjoy helping their husbands design and decorate the garages and most are happy to reclaim the household garage for commuter cars.

GarageTown USA AZ now sets sights on reaching the ultimate goal of selling all 540 units that encompass the existing Stellar Park location in Chandler, a second location in Chandler along with sites in Avondale, Mesa and North Scottsdale.

Source : http://www.theautochannel.com (5/8/2008)

Three Manheim Operating Locations Receive Wells Fargo Auto Finance Awards  
ATLANTA - Three Manheim auctions were recently honored at Wells Fargo Auto Finance's third annual auction awards reception held last month in Atlanta.

Manheim New Jersey, Manheim Orlando and Manheim Portland were recognized by Wells Fargo Auto Finance for offering customers the highest and most consistent levels of service in their regions during 2007.

"Manheim is committed to excellent customer service, and we are honored that Wells Fargo Auto Finance recognizes and rewards that commitment," said Nick Peluso, Manheim senior vice president, customer relations and strategies. "Our relationship with Wells Fargo Auto Finance has grown over the years as we have continued to remain focused on providing quality service."

Wells Fargo Auto Finance and Manheim have partnered together for more than seven years, offering dealers a variety of vehicles to meet their customers' needs.

"The auction partnership that we have established over the years with Manheim is critical to our overall success at Wells Fargo," said Howard Segal, Wells Fargo Auto Finance vice president of remarketing. "The opportunity at Wells Fargo Auto Finance to recognize those specific Manheim auction locations that consistently strive for excellence and provide a heightened level of service throughout the year is an important piece of our overall process. We value the level of service provided by all auctions which enables us to meet and oftentimes exceed our overall remarketing objectives."

Source : http://www.theautochannel.com (5/8/2008)

American Stock Exchange Lists the Common Stock of Ener1, Inc.  
NEW YORK, -- The American Stock Exchange(R) (Amex(R)) today lists the common stock of Ener1, Inc. under the ticker symbol HEV.

Ener1, Inc. engages in the development and commercialization of advanced, high-performance safe lithium-ion (Li-ion) batteries for hybrid electric vehicles (HEVs), plug-in HEVs (PHEVs) and electric vehicles (EVs). Ener1 is also developing commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary.

"We are pleased to welcome Ener1 to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO, of Amex. "We look forward to working with Ener1 on building long-term shareholder value and liquidity as well as strong relationships with the investment community."

Ener1's Chairman Charles Gassenheimer commented, "We believe strongly in the importance of the milestones that we have set out for the company. Our listing on the Amex marks another major goal we have delivered. We are very proud to be associated with Amex, which has become key for energy and energy- related trading. The listing will provide Ener1 higher visibility with the global investment community as well as increased liquidity for our stock, all to the benefit of our current shareholders, future investors and the company as a whole."

The specialist for Ener1, Inc. is Weiskopf Silver & Co. For further information on HEV and other Amex-listed companies, please visit www.amex.com .

Source : http://www.theautochannel.com (5/8/2008)

Subaru 2.5-litre Turbo Boxer Engine Wins at International Engine of the Year Awards 2008  
Tokyo, Japan, - - Fuji Heavy Industries Ltd. ('FHI'; TSE: 7270), the maker of Subaru automobiles, today announced that its 2.5-litre, Horizontally-Opposed, 4-cylinder boxer engine with a turbo charger was voted this year's winner in the 2- to 2.5-litre engine class of the International Engine of the Year Awards. The award ceremony took place on May 7 at the Engine Expo in Stuttgart, Germany. Subaru was first awarded the same prize in 2006. The engine received the higher score from the voting panel again this year.

A panel of 65 renowned journalists from 32 countries served as judges in the competition organized by UKIP Media & Events - Automotive Magazines' Division, Britain's largest group of auto-technology magazines, which includes Engine Technology International and Automotive Testing Technology International. The judges applied their technical knowledge and impressions, scoring for the vehicle's performance, drivability, ease of handling, fuel economy, and refinement. Based on the points given by the judges, the grand prize, prizes for best engines in eight capacity classes and three other categories were awarded.

Subaru's winning engine delivers higher low and mid-range torque, thereby offering better overall performance and practical use. Design changes, including to the engine's turbocharger, improves the vehicle's powerful and controllable response, as well as its environmental performance.

Subaru's current Forester and Impreza models for European, North American and Australian markets, and Legacy for North American and Australian markets, and Outback for North American market, come equipped with the award-winning 2.5-litre turbo engine.

Fuji Heavy Industries, Ltd.

Fuji Heavy Industries Ltd. (FHI; TSE: 7270), the maker of Subaru automobiles, is a leading manufacturer in Japan with a long history of technological innovations that dates back to its origin as an aircraft company. While the automotive business is a main business pillar, FHI's Aerospace, Industrial Products and Eco Technologies divisions offer a diverse range of products from general-purpose engines, power generators, and sanitation trucks to small airplanes, crucial components for passenger aircrafts, and wind-powered electricity generating systems. Recognized internationally for its AWD (all-wheel drive) technology and Horizontally-Opposed engines in Subaru, FHI is also spearheading the development of environmentally friendly products and is committed to contributing to global environmental preservation.

Source : http://www.theautochannel.com (5/8/2008)

Freudenberg Nonwovens Honored as One of Visteon Corporation's Top Suppliers  
HOPKINSVILLE, Ky., -- Freudenberg Nonwovens has been honored with a Visteon Important Partner Award for outstanding overall performance in providing its micronAir(R) cabin air filters to Visteon Corporation, one of the world's leading automotive suppliers.

Freudenberg Nonwovens was recognized as a top supplier to Visteon in the Climate category during an April 16 ceremony at Visteon's Corporate Offices and Innovation Center in Van Buren Township, Mich. (U.S.)

The Visteon Important Partner Award program, now in its sixth year, honors Visteon suppliers that achieve "best in class" ratings for quality, delivery, technology, launch and cost-control performance. Freudenberg Nonwovens was among 23 companies honored for their 2007 performance, representing less than 1 percent of Visteon's global production and non-production suppliers.

"Freudenberg Nonwovens has distinguished itself as an outstanding Visteon supplier with its product line of micronAir cabin air filters, and its performance has been instrumental in helping Visteon deliver innovative, high-quality, cost-efficient products to vehicle manufacturers," said Patrick Bauer, Visteon Senior Director, Material Planning and Logistics - Indirect and Central Purchasing.

"We're honored to be recognized by Visteon as a top supplier and are dedicated to providing them the highest quality cabin air filter products," said Barry F. Kellar, Vice President and General Manager, Freudenberg Nonwovens Filtration Division. "With drivers spending more and more time on the road, concerns about the cabin environment inside a vehicle is on the rise. micronAir cabin air filters address these concerns by removing contaminants from the air that enters the passenger cabin."

Of the 23 companies earning Visteon Important Partner Awards, eight are based in the Asia-Pacific region, six in Europe, five in North America and four in South America.

"Having a world-class supply base is critical to Visteon's ability to meet the technology, quality and cost needs of vehicle manufacturers around the world, and these 23 suppliers represent 'the best of the best'," said Donald J. Stebbins, Visteon President and Chief Operating Officer. "We are proud to recognize these suppliers, who have performed at an extremely high level in supporting our three strategic product groups - climate, electronics and interiors.

Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has facilities in 26 countries and employs approximately 41,500 people.

A product line of Freudenberg Nonwovens, micronAir cabin air filters reduce dust, pollutants and odors entering a vehicle's passenger compartment, enhancing the passengers' driving comfort and health. micronAir cabin air filters are installed on two-thirds of the new vehicles manufactured worldwide equipped with cabin air filtration systems.

Freudenberg Nonwovens is a pioneer in the development and implementation of filtration systems for global automotive, industrial and commercial HVAC applications. The company's North American Filtration Division headquarters in Hopkinsville, Ky. contains a research and development center and an automated manufacturing plant.

A division of the global Freudenberg Group - based in Weinheim, Germany - Freudenberg Nonwovens is the world's leading nonwovens manufacturer with 23 production facilities in 13 countries.

Source : http://www.automotive.com (5/8/2008)

Excise cut fuels April car sales  
New Delhi, : The first month of the new fiscal brought cheers to the autombile industry, thanks to a cut in excise duty on small cars and two - and three-wheelers.

While passenger cars registered a sales growth of 17.15 per cent, motorcycles grew 8.31 per cent in April.

According to data released by the Society of Indian Automobile Manufacturers, passenger cars clocked sales of 98,740 units during the month against 84,283 units in the same month a year ago.

Yes, the excise cuts have definitely brought about improvement. One month results are not a great indicator, while it is a positive move for sure, said Jnaneswar Sen, senior general manager of Honda Siel Cars India.

Domestic vehicle sales in April stood at 8,06,238 units against 7,34,103 in the same month last year, a growth rateof 9.83 per cent.

In passenger cars, Maruti Suzuki India reported a 22.30 per cent rise in sales at 51,766 units compared with 42,326 in the corresponding month of the previous year.

Hyundai Motors India sold 21,492 units during the month against 15,697 units last year, an increase of 36.92 per cent.

Tata Motors, however, reported a decline of 17.10 per cent at 11,193 units compared with 13,502 in the same month of the previous year.

General Motors India posted a 21.65 per cent jump in sales with its hatchback Spark putting up a good show. The companys overall sales stood at 3,411 units compared with 2,804 units last year.

Motorcycles reported sales of 5,01,592 units in April against 4,63,091 units in the year-ago month.

Hero Honda Motors sold 2,76,580 bikes compared with 2,55,408 units in the same period last year, up 8.29 per cent.

Rival Bajaj Auto recorded an increase of 9.19 per cent at 1,38,117 units against 1,26,494 last year. TVS Motor sales were up 2.35 per cent at 49,186 units compared with 48,058 units in the same month last year.

Total two-wheeler sales in April grew 8 per cent to 6,16,038 units from 5,70,381 units in the same month last year, said the industry body.

In the scooter segment, total sales witnessed an 11.93 per cent increase at 81,002 units against 72,369 units.

Scooter market leader Honda Motorcycle & Scooter India, however, registered sales of 47,396 units compared with 48,488 units, down 2.25 per cent. Hero Honda Motors pushed its sales over four-fold at 5,832 units from 1,291 units in the same month last year.

Source : telegraphindia.com (5/8/2008)

WABCO and Truck Race Team Allgauer Continue Partnership in 2008  
BRUSSELS, -- WABCO one of the leading providers of electronic braking, stability, suspension and transmission control systems for the commercial vehicle industry, and Truck Race Team Allgauer today announced the renewal of their successful partnership in the European Truck Racing Championship. WABCO has supported the team of European Truck Champion Egon Allgauer since 2001 by supplying state-of-the-art braking technology and has significantly improved the competitiveness of Team Allgauer's race trucks.

"Reliable high performance braking technology is crucial for a team's success on the racetrack," says Egon Allgauer. WABCO is well prepared for this challenge and equips the racing trucks of Team Allgauer with anti-lock braking systems (http://www.wabco-auto.com/products_and_systems/products systems-anti-lock-braking-system-anti-spin-regulation-absasrand) the patented new generation of single piston Air Disc Brakes NG (http://www.wabco auto.com/products_and_systems/products-systems-air-disc-brake-new-generation ng-22-plus), with the best weight/performance ratio for heavy trucks. (Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)

"WABCO's Air Disk Brake New Generation 22 plus is tested in truck racing to evaluate data on the brake's performance under extreme conditions. It exemplifies how product development and, as a result, fleet owners and drivers benefit from our racing engagement," adds Harald Kaess, WABCO Vice President OE sales & Customer Management. "Our partnership with Truck Race Team Allgauer underlines our passion for innovative products, which contributes to increased safety and reduced costs for fleet owners."

For the 2008 truck racing season, Allgauer welcomes Russian driver Mikhail Konovalov as its new team member. "WABCO supports this decision as Mikhail Konovalov is a talented truck pilot and will contribute to the success of Truck Race Team Allgauer. For WABCO, Konovalov's commitment offers an opportunity to increase the company's visibility and brand awareness in the important Russian market," says Harald Kaess.

The European Truck Racing Championship 2008 season starts on May 10th. In ten race tracks across Europe, top teams will compete to win the championship. Barcelona, with its Circuit de Catalunya, is once again the venue for the season's kick-off-run.

Source : http://www.theautochannel.com (5/8/2008)

April UK new car market up 5,505 units  
New car registrations showed the best growth of the year in April with a 5,505-unit rise. The SMMT said three additional processing days in the month, due to the early Easter this year, may have helped sustain growth for a second successive month which created the highest April volume since 2005.

Registrations over the first four months of 2008 were virtually unchanged on last year, although in the light of the economic slowdown and cost pressures on the business and consumer car markets, the SMMT has trimmed its full year 2008 forecast to 2.335m units, from the current rolling annual rate of 2.404m.

The recent growth in the new car market has been bolstered by improved demand from fleet buyers and only a relatively modest dip in private sector registrations. Fleet demand rose by 7.5% in April, its strongest rate since October 2007. The private sector slipped by just 1.2% in the month and by 2.2% over the year to date.

The top five models in April were the Ford Focus (as in the year to date), followed by the Vauxhall Corsa, Vauxhall Astra, Ford Fiesta and VW Golf. Diesel registrations took a record 45.7% market share in April, up from 41.7% in the last 12 months. Fords Focus outsold the VW Golf to become the top selling diesel model. Demand for alternatively fuelled vehicles (AFV) also rose, up 8.4% in April and by 14.4% in the year-to-date.

Vauxhall outpaced Ford to be the best selling brand in April, with four models in the top ten.

Mini and executive segments posted the strongest growth rates in April up 43.7% and 37.8% respectively, whilst the lower medium segment had the largest volume gain. MPVs continue to show the fastest growth over the year-to-date.

- New commercial vehicle registrations in the UK were up 4.4% in April, and up by 5.9% to 396,524 for the rolling year. These included truck registrations up 29.9% in April and by 24.8% to 56,436 for the rolling year. Van registrations up to 3.5 tonnes were up 0.5% for the month and 3.3% to 340,088 for the rolling year.

Source : http://www.autoindustry.co.uk (5/8/2008)

First Bulgarian vehicle manufacturer launched  
The Bulgarian Corporate Commercial Bank (CCB) and a businessman called Grisha Ganchev have become partners in Litex Motors, a joint venture for the design and manufacture of cars, two-wheelers and other vehicles, as the online Engllish edition of Dnevnik Daily reported, via the Bulgarian Focus news agency yesterday.

The banks chairman indicated that the business would assemble vehicles from CKD kits from an unnamed Asian manufacturer, for domestic sales and exports to Greece and Romania.

To date Bulgaria is host to just a few automotive suppliers, including Montupet, Johnson Controls, and the Belgian Melexis, which manufactures onboard electronics for VW and Toyota in the country.

Source : http://www.autoindustry.co.uk (5/8/2008)

Nano, a threat to North American auto industry  
TORONTO: Nano, Tatas' small car with a price tag of just $2,500, is already being viewed as a threat to the North America auto market even before its launch in India.

With BRIC (Brazil, Russia, India and China) nations set to overtake them in production this year, North American auto giants may soon face challenge from cheap cars from India and China.

Canadian Industry Minister Jim Prestice gave this warning when he said that unless steps were taken to cuts costs and delays in cross-border movement of auto parts, North American-produced vehicles will be outpriced by Indian and Chinese vehicles in their own market very soon.

``Not long from now, we will see the first Chinese - or Indian - manufactured vehicles arrive on North American shores, ready to be sold to eager consumers. These vehicles will have encountered a border delay only once,'' Prentice told the Council of the Americas in Washington.

In the post 9/11 world, he said, despite the North American Free Trade Agreement (NAFTA) businesses in Canada, Mexico and the US were suffering because of ``the burden of new measures to enhance security, as well as more rigorous enforcement of existing rules.

``This means that businesses in all three countries are facing longer delays, higher inspection rates, additional fees, and more layers of security when they can afford it least.''

He said the costs and delays of an automobile part as it travels across national borders on its way to final assembly added several hundred dollars to the price of a North American-built vehicle.

Describing these problems as a `two-headed monster', the minister said, ``We want security and prosperity. Instead, we make it more difficult to have either. Not only do we hamper the legitimate trade and travel that provide the foundation for North America's prosperity, but we are also clearly misallocating resources.

``The dollars, hours and resources spent investigating legitimate travel and trade are dollars, hours and resources that would be better spent targeting the areas of highest risk.''

The unveiling of Nano a few months ago made headlines in Canada, with dealers and buyers expressing interest in the world's cheapest car.

Source : Economic Times (5/9/2008)

April auto sales vroom  
NEW DELHI: After a dismal performance in 2007, the automobile industry—including the long-struggling two-wheeler segment—has had a good start in 2008-09. Buoyed by a turnaround in the two-wheeler industry after 15 long months and the continuing momentum in the passenger car space, the automobile industry reported an impressive 9.83% year-on-year jump in volume sales in April.

Industry experts, however, attribute the increase in sales mostly to fear of possible increase in vehicle prices and interest rates, the other factors being new launches and marriage season. “This is the first month in the last three quarters when all segments of the auto industry have remained positive. Customers also took into account the impending hike in interest rates, which will impact the total cost of ownership in the coming months,” said an auto analyst with HSBC Securities and Capital Markets.

The highlight of the month is the rebound of the two-wheeler industry, after deceleration in the last 15 months. The industry is back in action with sales jumping 8% to 6.16 lakh in April against 5.70 lakh in the same month last year.

The major push came from the world’s largest two-wheeler manufacturer Hero Honda Motor, the largest player in auto space in volume terms, which reported a 9% increase in sales to 2.86-lakh scooters and mobikes compared to 2.62 lakh in the corresponding month last year.

The month was also good for the second largest two-wheeler company. Bajaj Auto Ltd, after a 14-month gap, posted 24% increase in motorcycle sales to 2.03 lakh units in April against 1.64 lakh in the same month last year. Bajaj sales had dipped 20% to 18.32 lakh in FY08. For Chennai-based TVS Motor Company, whole annual sales dipped 19% to 11.51 lakh units in FY 2008, posted 5% increase to 1.09 lakh in April 2008, over 1.04 lakh units in the corresponding period of 2007.

For passenger car sales, April was the best month of the last 10 where in which sales increased 21.21% to 1.30 lakh vehicles against 1.07 lakh sold in the same month last year. Korean major Hyundai Motor’s domestic sales grew 36.7% to 21,501 vehicles in April against 15,728 vehicles in April 2007. Country’s largest car maker Maruti Suzuki posted 22.37 % increase to 59,539 vehicles in compared to 48,652 sold last April. Tata Motors had a poor show with sales dropping 12% to 14,843 vehicles in April 2008 against 16,842 sold in April 2007.

Commercial vehicles sales increased 7.6%, led by a 11% jump in LCV sales at 14,663. The three wheeler segment, which had declined 9.20% in 2007-08, reported 5.37% rise in sales at 26,916 vehicles in April.

Source : Economic Times (5/9/2008)

Ford Spices Up Mondeo Lineup With New Titanium X Sport  
BRENTWOOD, England Saying it has experienced a "recent surge in retail demand for top-end versions of the Mondeo," Ford has just rolled out a new Mondeo Titanium X Sport model for Europe.

The flagship Mondeo gets a new 173-horsepower 2.2-liter TDCi premium diesel engine. Ford says it sprints from zero to 60 mph in less than 8.4 seconds and has a top speed of 139 mph. The automaker said this variant returns a combined fuel economy of 38 mpg (U.S.). The other engine choice is a 217-hp 2.5-liter turbocharged five-cylinder engine. Ford said the new diesel variant "is expected to account for the majority of sales."

Pricing ranges from the equivalent of $45,600 for the Titanium X Sport hatchback model to $51,950 for the Titanium X Estate (wagon) model.

Exterior cues include 18-inch alloy wheels, twin-chromed exhaust pipes and body-color side skirts. The cabin gets sporty red stitching on leather/Alcantara seats and a leather steering wheel and gearshift lever. Standard equipment includes an in-dash Sony six-CD player, voice control, rain-sensing wipers, automatic headlights, front and rear park assist, dual-zone climate control and a Ford Power start button.

Source : http://www.edmunds.com (5/8/2008)

VW Introduces Retro Bonanza Bike  
WOLFSBURG, Germany Volkswagen has revived the famous 1970s three-speed banana-seat bicycle with an exact replica equipped with all the classic nostalgia-inducing features.

The Bonanza's original hardware includes a shiny black three-speed gearlever console replica, hub gears and back-pedal brake, chrome steel high-riser bars and rims, Kenda tires with a white reflecting stripe and the most important feature of them all, a black banana seat with red rally stripes. VW notes that the bike is suitable for people up to 180 pounds.

This retro bike is currently available at VW shops and sells online at the VW Web site for about $600.

Source : http://www.whatcar.co.uk (5/8/2008)

Shell completes 13,000 km, 74-day circumnavigation of India with Ferrari  
MUMBAI, India - The Shell-supported Ferrari Magic India Discovery Tour reached its conclusion today in front of the famous Gateway of India in Mumbai, after a 13,000-kilometre, 74-day circumnavigation of India. The tour, which began in Mumbai in late February amid a flurry of speculation and interest, has delighted Indian fans around the country.

Circling India in an anti-clockwise direction, the journey is the fourth in a string of successful Gran Turismo tours developed by Ferrari to expand the Prancing Horse brand beyond its traditional fan base. As with previous endeavours, Shell has been on board as a major supporter and staged several events - in Bangalore, Chennai, Delhi, and this week in Mumbai - as testament to the strong technical partnership that exists between the two companies.

Shell Global Sponsorship Activation Manager, Regula Bleuler joined the tour in Delhi: The Ferrari 'Magic India Discovery' Tour has been a great experience for Shell. Our involvement has helped us to talk about the depth of our technical partnership with Ferrari beyond our well-known Formula One involvement - Ferrari also uses Shell V-Power road fuel and Shell Helix Ultra motor oil in the development of engines for its GT cars, such as the 612 Scaglietti.

During the tour, the two Ferraris made special guest appearances at several Shell events held for the media, partners, customers and employees. In Bangalore and Chennai, Shell staged refuelling ceremonies at two local petrol stations. Also in Chennai, Shell employees were given the opportunity to admire the cars and mingle with the Ferrari technicians during a dinner reception. At the Select Citywalk mall in Delhi, the cars participated in a special trade showcase for Shell Helix Ultra, helping emphasise the depth of the technical partnership with the Prancing Horse.

At the conclusion of the tour in Mumbai, the cars will make a final appearance for Shell Helix Ultra at a second trade showcase. After the end of the tour, test drives will be held, giving local media the opportunity to drive the cars.

Over 60 Years of Shared Passion for Performance

As early as the 1930s Shell was helping Enzo Ferrari go racing, so it was a mark of esteem when Shell was chosen to supply fuel and oils to the company he founded in 1947. Today, Shell plays an integral role, analysing and developing products for Ferrari racing and road cars, with the aim of transferring learnings to Shell road products.

Ferrari provides Shell with a cutting-edge test bed for product development, explains Shell Technology Manager for Ferrari, Dr. Lisa Lilley. But we also share a common design philosophy. Neither party is willing to accept the status quo - we both seek to push the boundaries of development. This definitely creates an exciting working environment!

Shells activity with the Ferrari Gran Turismo department is wide-ranging, covering fuels, engine lubricants and transmission fluids. The demanding performance engines provide a perfect testing ground for changes and improvements to Shell road products. Ferraris approval and endorsement is an important quality target. In return, Shell provides Ferrari with equally important insight into fuel and lubricant development trends so that its cars, which by nature have a longer lifespan than conventional cars, will run at their optimum level on the products of tomorrow.

Shell V-Power road fuel

Recently, our technical partnership with Ferrari contributed to the development of Shell V-Power road fuel, says Dr. Lilley. We use Ferrari to test new technologies under the most extreme and controlled conditions. Knowledge is then transferred into our commercial programmes, to ensure our customers always benefit from the latest advancements.

The latest version of Shell V-Power road fuel contains an advanced Friction Modification Technology. Targeting the piston rings, the technology is designed to help the engine turn more freely, unlocking valuable energy and helping improve horsepower. Formulated with powerful cleansing agents, the fuel is also designed to help prevent power-robbing deposits from forming on inlet valves and injection systems, with the aim of enhancing responsiveness.

Shell Helix Ultra motor oil

Lubricant is critical, Dr. Lilley explains. The lifeblood of the engine, its job is to help keep the components clean, protect the moving parts from mechanical wear, reduce friction and power loss, and to cool the engine. Shell Helix Ultra contains active cleansing agents to help prevent the build-up of dirt to ensure optimal engine performance.

Shells deep technical partnership with Ferrari is an essential part of its overall design and development strategy. A combination of Shell V-Power road fuel, Shell Helix Ultra motor oil and other products like Shell Spirax gearbox oil and Shell transmission fluid, give all Shell customers, including Ferrari, a complete package of engine care.

Source : http://www.theautochannel.com (5/8/2008)

ZF opens hybrid drive production centre  
ZF's CEO Hans-Georg Härter and the Federal Minister of Economics and Technology, Michael Glos, officially inaugurated Germany's first production location for the industrial production of hybrid drive modules yesterday.

Currently, release samples are being produced in a new production hall at the ZF Sachs location in Schweinfurt.

From the fourth quarter of 2008, ZF will launch volume production and supply the products to car, bus, and delivery vehicle manufacturers. Mercedes-Benz will be the first customer. Thus, ZF claims to be the first European automotive suppler to produce hybrid modules in volume production.

From the fourth quarter of 2008, hybrid modules with the product name DynaStart will be produced in volume production on a production surface of 1,200 square meters and shipped to customers. Currently, there are eight volume production development projects for four vehicle manufacturers; production will be launched between 2008 and 2012. To begin with, ZF is launching an annual production volume of altogether 35,000 units.

The production volume in the new building can be extended flexibly up to a maximum of 200,000 units per year, which are then produced by approximately 50 employees.

Source : http://www.autoindustry.co.uk (5/8/2008)

BMW wins International Engine of the Year for fourth consecutive year  
The 2008 overall International Engine of the Year award is the sixth in 10 years for BMW, which this year scooped four category wins one of them for the Hams Hall-built MINI engine. For the third time, Volkswagen's dual-charged TSI engines won the award in the 1 litre to 1.4 litres category. Subarus 2.5 litre turbocharged boxer engine was voted the best in the 2.0 to 2.5 litre category.

A global panel of judges awarded the top honour to BMWs 3.0-litre twin-turbocharged petrol engine. It powers the 1 Series, 3 Series and X6 in the 135i, 335i and X6 xDrive35i models respectively. BMW and MINI drove off with five category wins between them to dominate the 2008 awards.

The BMW 3.0-litre twin-turbo petrol engine also won Best engine 2.5-litre to 3.0-litre. The previous International Engine of the Year winner, the 5.0-litre V10 powerplant, won its category of Best engine above 4.0-litres, a feat that it also achieved in 2005 and 2006 on its way to winning the overall awards in those years. The 1.6-litre unit in the MINI won Best engine 1.4-litre to 1.8-litre.

BMW was presented with Best engine 3.0-litre to 4.0-litre and Best new engine of 2008. The 4.0-litre V8 in the current generation of M3 took top spot in its class, while the twin-turbocharged 2.0-litre diesel engine that powers the 123d was voted the best newcomer. Its closest rival for this award was its own 4.0-litre V8 from the M3

BMWs also won outright honours in 2007, 2006, 2005, 2002 and 2001.

- BMW will use the four-cylinder engines it has jointly developed with PSA in the BMW 1 Series, as well as the MINI, according to an interview with CEO Norbert Reithofer with the Frankfurter Allgemeine Zeitung. He also disclosed that the next-generation 7-Series to be launched this year will feature a hybrid powertrain, in which BMW has invested alongside GM.

Source : http://www.autoindustry.co.uk (5/8/2008)

Ashok Leyland lines up Rs 30 bn capex  
Ashok Leyland, (Q, N,C,F)* the Hinduja Group flagship company in India announced that the company will add more than double its current capacity of 84,000 vehicles per annum within three years. The company has earmarked Rs 30 billion for capex over the next three years which will enable capacity addition of 100,000 vehicles per annum by 2010.

As part of its product plans, the company plans to get the phase 1 version of the iBus on road this year, post concept validation at the Auto Expo. To address the growing tractor market, the company is extending its range of tractors already the widest. In the current year, 4,921 tractor and 3,121 multi-axle vehicle are being taken up for full scale production and all-India marketing, the company said.

As a part of value-added services, the company is in the process of developing a whole suite of GPS-based Telematics products under the brand name ALERT.

International operations will be boosted, with the chassis and bus assembly plant planned at RAKIA, slated to commence operations this year; capacity is being doubled to 2,000 vehicles per annum, in response to market demand from the Gulf region, the company said. The introduction of the NEWGEN cab and a range of specially developed truck models will help penetrate some of the current markets and enable entry into a few new ones, it added.

Commenting on the prospects for the current year, Seshasayee, managing director said, ``although the economic fundamentals continue to remain strong, there are concerns about business sentiments, which impact capital investment. Today`s papers carried the good news about slashing of steel prices but even so, margins continue to be under pressure. If the revival comes, capacity won`t be a constraint for us.``

Source : myiris.com (5/8/2008)

Ashok Leyland Q4 net flat, to pay 150%  
Chennai, Ashok Leyland has reported a flat net profit for the last quarter of last year. The truck maker’s post-tax profit for the full year 2007-08 rose 6.3 per cent, despite record sales in terms of volumes.

The company’s board has recommended a dividend of Rs 1.5 a share (of Re 1 each), or 150 per cent.

Ashok Leyland sold 83,307 vehicles compared with 83,094 in the previous year. “We just got our nose up over the previous year,” Mr R. Seshasayee, Managing Director, Ashok Leyland, remarked at a press conference today.

Because of deferment of purchases due to high interest rates, credit squeeze and rising costs, total industry volumes of commercial vehicles slid 6 per cent, to 270,994 units. However, there were pockets of growth within segments, such as buses, tippers and tractor-trailers.

Within commercial vehicles, ‘buses’ grew 35 per cent, but for which the CV industry would have been drastically hit. Ashok Leyland made most of the situation by selling 18,000-odd buses, capturing 45 per cent of the market. Passenger vehicles came to the company’s rescue last year.

Supply chain constraints

Buses apart, there was a good demand for vehicles used in mining and construction during the year. Mr Seshasayee said that in these areas Ashok Leyland could have produced and sold more but for “supply-chain constraints”.

In other words, components suppliers did not quite rise up to the occasion.

Another area that helped the company offset the down-cycle in goods vehicles was the buoyancy in spare parts sales, which increased 45 per cent to Rs 791 crore.

A substantial (but undisclosed) part of this came from exports of gearboxes to ZF of Germany, the company which has licensed its gearbox technology to Ashok Leyland.

Outlook for 2008-09

Mr Seshasayee finds the current year unpredictable because of the external environment. Total industry volume in the current year would (at best) be in “high single digit”, he said.

Ashok Leyland is on track for completing its proposed expansion programme. At present, the company’s capacity is 84,000 vehicles. It proposes to build two more plants, each with capacity to produce 50,000 vehicles, in Uttarakhand and Tamil Nadu. The expansion programme will cost Rs 3,000 crore. The company will borrow Rs 950 crore in the current year.

“At present, there is no plan to raise equity,” Mr Seshasayee said, while also noting that its investments in the joint ventures with Nissan (for light commercial vehicles, engines and technology development) might call for raising equity at some stage.

Source : Business Line (Online Edition) (5/8/2008)

Schwarzenegger challenges automakers to meet Calif. rules  
SACRAMENTO, Calif.: Gov. Arnold Schwarzenegger says pressure from the auto industry will not deter California from attempting to impose strict emission rules for vehicles sold in the state.

The Republican governor made the comments after a private meeting Thursday with board members of the Alliance of Automobile Manufacturers.

The trade group is pushing back against California rules intended to reduce greenhouse gas emissions as part of the state's wider effort to address global warming.

The state wants emissions to be cut by nearly one-third for all vehicles sold here by 2016. That's four years earlier than similar emission rules proposed by the federal government.

Car manufacturers say the California benchmark can't be met on time.

Source : http://www.iht.com (5/8/2008)

April auto sales see growth in all segments  
New Delhi, The beginning of the current financial year seems to be good for the domestic automotive industry. For the first time since April last year, all the segments have recorded a healthy growth.

The two-wheeler industry that was the worst-hit last fiscal, posted an 8 per cent increase in sales compared with the corresponding period last year, according to the data released by the Society of Indian Automobile Manufacturers.

The growth in the two-wheeler sales has been attributed mainly to the marriage season rather than due to excise duty reduction announced in the Budget.

“The subsequent steel price hike has eaten into any benefits that the excise duty cut offered,” said Mr Prem Bagga, who is a dealer of Bajaj Auto in the city. But due to the marriage season, there has been a strong demand for motorcycles, he said.

Wait-and-watch

Though two-wheeler sales in April have shown good numbers, industry analysts are taking a cautious approach. “The marriage season this year started earlier resulting in higher sales volumes, especially in the entry-level segment last month.

“But the dispatches for May are likely to fall as interest rates continue to move up. So April figures cannot be seen in isolation to come to a conclusion that two-wheeler sales will pick up,” said a Mumbai-based auto analyst from B&K Securities India.

Hero Honda reported an 8 per cent increase in sales at 2,76,580 units, followed by the second largest player Bajaj that sold 1,38,117 units, clocking a 9.18 per cent growth during the month against the corresponding period the previous fiscal.

Higher volumes

Fears of possible price hike in May combined with the marriage season also led to passenger car sales reaching its highest percentage growth rate. Maruti posted an increase of 22 per cent at 51,766 units. Hyundai at 21,492 units recorded a 36.91 per cent growth as demand for its premium hatchback i10 continued to be high.

Last month, most of the manufacturers such as Maruti and Hyundai had indicated that they were watching the steel price and depending on the rise in input costs, the companies would take a call on hiking their prices. This also led to higher volumes last month, said industry analysts.

CV segment

The commercial vehicles industry, which had started showing recovery since the last few months, also reported encouraging numbers with both the light and medium and heavy commercial segment sales on a high.

“Unlike in the case of cars, which is a luxury and a personal commodity, there is a return one gets on the purchase of commercial vehicle due to which even if the interest rates move up, it does not affect the sales so much,” said an ICICI Bank official.

The medium and heavy commercial vehicles segment grew 5.28 per cent to 18,608 units and the light commercial vehicles sales rose 10.74 per cent to 14,663 units, said the SIAM data.

In Chennai today, Mr R. Seshasayee, Managing Director, Ashok Leyland Ltd, a leading commercial vehicles manufacturer, told a press conference that business sentiment appeared “to be very low,” which was a worrying factor. He expected the commercial vehicle industry to grow in “a high single digit” this financial year.

Source : Business Line (Online Edition) (5/8/2008)

Car sales gain momentum in April  
The domestic auto market is showing signs of revival thanks to the 4 percentage point cut (400 bps) in excise duty on cars and two-wheelers announced in February. April witnessed a jump of more than 17 per cent in the car segment, while sales in the utility vehicle segment rose by 31 per cent, as compared with the corresponding month last year.

According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), the passenger-vehicle segment, which also includes multi-purpose vehicles, grew by 21 per cent. The motorcycle sales grew by 8 per cent during the month.

While 84,283 cars were sold in April 2007, 98,740 cars were sold last month. Sales were led by models from Maruti Suzuki, Hyundai and General Motors (GM). Anticipation of a hike in prices in the coming weeks also pushed sales.

"Benefits of the excise duty cut can be seen in individual sales of companies, such as Maruti, Hyundai and GM. These collectively command over 66 per cent of total sales," said an analyst.

SPUTTERING GROWTH

Apr 08 Mar 08 Apr 07 y-o-y AprChg (%)

Commercial vehicles 33,271 56,262 30,914 7.60

Passenger cars 98,740 128,074 84,283 17.10

Multi-purpose vehicles 9,070 9,570 6,118 48.20

Utility vehicles 22,203 28,811 16,862 31.70

Two-wheelers 616,038 630,976 570,381 8.00

Scooters/scooterettes 81,002 83,022 72,369 12.00

Motorcycles/step-through 501,592 506,884 463,091 8.30

Electric 2-wheelers 500 1,002 1,578 -68.30

Source: Society of Indian Automobile Manufacturers

Maruti Suzuki posted a growth of 22 per cent during the month, selling 59,539 units. Hyundai Motor India sold 21,501 units, up by 36 per cent. Meanwhile, GM sold 5,563 units, growing by 24 per cent. In all, 1,30,013 passenger vehicles were sold in April.

Forecasts of a decelerating market due to shrinking credit options and high interest rates had no effect on sales of two-wheelers. Sales of motorcycles and scooters grew by 8.31 per cent and 11.93 per cent, respectively. Electric vehicles, on the other hand, witnessed a declined of 68 per cent in turnover.

Motorcycle manufacturers sold 5,01,592 units this year, as compared with 4,63,091 in April last year. Market leader Hero Honda saw a growth of 9 per cent, selling 2.86 lakh units. Bajaj Auto posted a growth of 23 per cent, selling 2.03 lakh units.

Hero Honda said its expansion in rural areas helped boost sales. Bajaj said growth was seen mainly in the 125cc-plus category, where it has a 50 per cent market share. Sales in the overall commercial vehicles for April this year grew by 7.62 per cent: 33,271 units were sold as compared with 30,914 units in April 2007.

Source : Business Standard (Online Edition) (5/8/2008)

Lorinser L55 RS  
WINNENDEN, Germany A German tuner has altered Mercedes-Benz's CLS500 four-door coupe by adding significant amounts of power, tweaking the car's style and changing the name of the car to the L55 RS.

Mercedes-Benz tuner Lorinser starts with the CLS500 and squeezes an additional 72 horsepower out of the V8 to make 460 hp at peak. Torque is boosted by 40 pound-feet to 431 lb-ft. Top speed on the L55 RS has been raised from 155 to 186 mph.

Lorinser also adds a complete body kit with a front spoiler, side skirts, rear apron and trunk lid spoiler. The modified Benz rides on Lorinser's RS6 lightweight 20-inch wheels. Inside, carbon fiber has been liberally applied to the dash and center console. Custom leather seats are also available.

Source : http://www.edmunds.com (5/8/2008)

Audi Mulls a U.S. Plant, Celebrates "Astonishing" Success of Lamborghini  
INGOLSTADT, Germany Audi AG is "sounding out options for cooperating with Volkswagen on the construction of a new plant" in North America, said Rupert Stadler, chairman of the board of management, in a speech on Wednesday at the company's annual meeting.

"Given the current value of the dollar, we stand to benefit tremendously from having our own local production facilities," Stadler said. "Until now, the growth that we have seen throughout the world has not translated into growth in the U.S. market to the extent that we would like." He emphasized: "We would also like to be more successful in North America."

The speech was a wide-ranging report card on the state of the German automaker. Stadler covered everything from Audi's plan to take the edge off of soaring gas prices to the health of Lamborghini. He even previewed the company's third-generation Multi Media Interface, saying new features would include three-dimensional navigation views of buildings and routes.

Stadler said Audi "will implement further internal engine modifications which will help to reduce fuel consumption in various model lines by as much as 18 percent in 2008." He added: "We aim to cut fuel consumption by at least 20 percent by 2012." Stadler also hinted that turbocharging and aluminum body parts may play a large role in accomplishing this.

In one of the more intriguing parts of his presentation, Stadler lauded Lamborghini for its "astonishing" performance in 2007. "We continue to experience overwhelming demand for the Italian supercar," he said. "Two-thousand four-hundred-six of these exceptional vehicles were sold in 2007, an increase of more than 15 percent. The company's figures present an extremely healthy overall situation." Revenue was increased by almost 35 percent to the equivalent of $718 million. Profit before tax was up by an astonishing 160 percent, to $72.3 million.

Stadler also said that, in the first quarter of 2008, Lamborghini saw its unit sales climb by more than 20 percent, to 639 vehicles.

Source : http://www.edmunds.com (5/8/2008)

Chrysler Celebrates Production of All-New 2008 Dodge Challenger SRT8(R)  
AUBURN HILLS, Mich., -- Chrysler LLC today celebrated the production launch of one of the industry's most highly anticipated vehicles -- the all-new 2008 Dodge Challenger SRT8(R). Dodge Challenger is back in Chrysler's line-up as a modern muscle car with a new SRT8 model. A full line-up will follow in the 2009 model-year. Consumer interest in the Dodge Challenger has been some of the highest seen at Chrysler.

The all-new Dodge Challenger is built at Chrysler's Brampton Assembly Plant on the same assembly line as the Dodge Charger and the award-winning Chrysler 300.

"Even though the development time for this Dodge Challenger SRT8 is one of the shortest in Chrysler's history, the wait for this exciting car has been too long, and as of today, the wait is finally over!" said Frank Ewasyshyn, Executive Vice President - Manufacturing. "Dodge Challenger represents the best of Chrysler's past and future. The teams that worked to bring this vehicle to market with quality and speed have done an excellent job."

Nearly 1,000 employees and invited guests joined Mr. Ewasyshyn for the celebration.

Quality Manufacturing

To ensure quality targets were met and to foster a smooth manufacturing launch, a team of Brampton employees spent months helping to build pilot vehicles at Chrysler's Auburn Hills Technology Center. Then, early pre-production models were built on the Brampton assembly line -- rather than a pilot facility -- which allowed engineers to more realistically test the production process.

"The vision of rolling launches on lines that build multiple and variant models is becoming a reality as demonstrated with the Dodge Challenger at the Brampton Assembly Plant," said Fred Godetel, Vice President - Car and Minivan Manufacturing. "Chrysler's Flexible Manufacturing Strategy, little more than a theory a few years ago, is being proved out at plants across North America."

The Brampton Assembly Plant features Chrysler's Flexible Manufacturing Strategy which provides for the production of higher quality products at lower cost. This unique system combines off-the-shelf robotics with customized and interchangeable tooling to build a variety of products on a single assembly line. This manufacturing expertise also allows the Company to more quickly and easily balance vehicle production with customer demand.

Dodge Challenger

The return of the iconic Dodge Challenger combines unmistakable design cues reminiscent of the original Challenger with world-class performance. Approximately 7,000 2008 model-year vehicles for North American markets will be produced before 2009 model-year vehicles begin production in August. For 2009, the Company will offer three models: Dodge Challenger SE, Dodge Challenger R/T and Dodge Challenger SRT8.

Dodge dealers have seen a tremendous interest in the Dodge Challenger and 2008 models are already sold out.

Although the original Dodge Challenger muscle car lasted only five model years, the Dodge Challenger became one of the most storied muscle car nameplates in automotive history, with meticulously restored and rare examples today selling for six-figure prices.

The U.S. MSRP for the 2008 Dodge Challenger SRT8 starts at $37,995, including the $675 destination charge.

Customer First

With world-class products like the Dodge Challenger, Chrysler can respond to customer insights and expectations with vehicles that truly capture the essence of the Company's bold spirit while exceeding customer expectations.

The New Chrysler LLC is more nimble than a publicly held company and is moving quickly to deliver more quality and value to Chrysler, Jeep(R) and Dodge customers. The Company initially approved 260 line-item product enhancements representing an investment of a half-billion dollars. The product changes continue to grow and are currently at more than 400.

The Company also launched last month the industry's first on-line Customer Advisory Board to establish two-way dialog with our customers, and thousands of people have already applied to be part of this board. As we move beyond focus groups to gain insights that we can share throughout the Company, this Advisory Board will be used to stay in touch with our customers.

Brampton Assembly

The Brampton Assembly Plant was built in 1986 and was later acquired by Chrysler Corporation with the purchase of American Motors Corporation in 1987. The Chrysler Concorde and Dodge Intrepid began production in 1997 and the Chrysler LHS and 300M in 1998. Production of rear-wheel-drive vehicles started in 2004 with the launch of the Chrysler 300 and Dodge Magnum. Production of the Dodge Charger was launched in early 2005.

The 2.95 million square-foot facility along with the Brampton Satellite Stamping Plant occupies 269 acres and together employs approximately 3,200 workers, many of which are represented by the Canadian Auto Workers (CAW). The satellite stamping facility was completed and production started in December of 1991.

Source : http://www.theautochannel.com (5/8/2008)

All-New 2008 Dodge Challenger SRT8(R)  
AUBURN HILLS, Mich., -- Chrysler LLC today celebrated the production launch of one of the industry's most highly anticipated vehicles -- the all-new 2008 Dodge Challenger SRT8(R). Dodge Challenger is back in Chrysler's line-up as a modern muscle car with a new SRT8 model. A full line-up will follow in the 2009 model-year. Consumer interest in the Dodge Challenger has been some of the highest seen at Chrysler.

The all-new Dodge Challenger is built at Chrysler's Brampton Assembly Plant on the same assembly line as the Dodge Charger and the award-winning Chrysler 300.

"Even though the development time for this Dodge Challenger SRT8 is one of the shortest in Chrysler's history, the wait for this exciting car has been too long, and as of today, the wait is finally over!" said Frank Ewasyshyn, Executive Vice President - Manufacturing. "Dodge Challenger represents the best of Chrysler's past and future. The teams that worked to bring this vehicle to market with quality and speed have done an excellent job."

Nearly 1,000 employees and invited guests joined Mr. Ewasyshyn for the celebration.

Quality Manufacturing

To ensure quality targets were met and to foster a smooth manufacturing launch, a team of Brampton employees spent months helping to build pilot vehicles at Chrysler's Auburn Hills Technology Center. Then, early pre-production models were built on the Brampton assembly line -- rather than a pilot facility -- which allowed engineers to more realistically test the production process.

"The vision of rolling launches on lines that build multiple and variant models is becoming a reality as demonstrated with the Dodge Challenger at the Brampton Assembly Plant," said Fred Godetel, Vice President - Car and Minivan Manufacturing. "Chrysler's Flexible Manufacturing Strategy, little more than a theory a few years ago, is being proved out at plants across North America."

The Brampton Assembly Plant features Chrysler's Flexible Manufacturing Strategy which provides for the production of higher quality products at lower cost. This unique system combines off-the-shelf robotics with customized and interchangeable tooling to build a variety of products on a single assembly line. This manufacturing expertise also allows the Company to more quickly and easily balance vehicle production with customer demand.

Dodge Challenger

The return of the iconic Dodge Challenger combines unmistakable design cues reminiscent of the original Challenger with world-class performance. Approximately 7,000 2008 model-year vehicles for North American markets will be produced before 2009 model-year vehicles begin production in August. For 2009, the Company will offer three models: Dodge Challenger SE, Dodge Challenger R/T and Dodge Challenger SRT8.

Dodge dealers have seen a tremendous interest in the Dodge Challenger and 2008 models are already sold out.

Although the original Dodge Challenger muscle car lasted only five model years, the Dodge Challenger became one of the most storied muscle car nameplates in automotive history, with meticulously restored and rare examples today selling for six-figure prices.

The U.S. MSRP for the 2008 Dodge Challenger SRT8 starts at $37,995, including the $675 destination charge.

Customer First

With world-class products like the Dodge Challenger, Chrysler can respond to customer insights and expectations with vehicles that truly capture the essence of the Company's bold spirit while exceeding customer expectations.

The New Chrysler LLC is more nimble than a publicly held company and is moving quickly to deliver more quality and value to Chrysler, Jeep(R) and Dodge customers. The Company initially approved 260 line-item product enhancements representing an investment of a half-billion dollars. The product changes continue to grow and are currently at more than 400.

The Company also launched last month the industry's first on-line Customer Advisory Board to establish two-way dialog with our customers, and thousands of people have already applied to be part of this board. As we move beyond focus groups to gain insights that we can share throughout the Company, this Advisory Board will be used to stay in touch with our customers.

Brampton Assembly

The Brampton Assembly Plant was built in 1986 and was later acquired by Chrysler Corporation with the purchase of American Motors Corporation in 1987. The Chrysler Concorde and Dodge Intrepid began production in 1997 and the Chrysler LHS and 300M in 1998. Production of rear-wheel-drive vehicles started in 2004 with the launch of the Chrysler 300 and Dodge Magnum. Production of the Dodge Charger was launched in early 2005.

The 2.95 million square-foot facility along with the Brampton Satellite Stamping Plant occupies 269 acres and together employs approximately 3,200 workers, many of which are represented by the Canadian Auto Workers (CAW). The satellite stamping facility was completed and production started in December of 1991.

Source : http://www.theautochannel.com (5/8/2008)

Krohn Racing Announces New Team Partner for Grand-Am Series  
Krohn Racing announces a new team partner for the No. 75 and No. 76 Krohn Racing Pontiac Lolas with BryanMark Financial Group. BryanMark logos will run on both Krohn cars beginning at the Monterey Festival of Speed at Mazda Raceway Laguna Seca, on May 17, 2008.

BryanMark Financial Group Joins Krohn Racing

We are pleased to announce that BryanMark has joined Krohn Racing as a sponsor partner. Their niche business is a good fit with the Grand-Am Rolex Sports Car Series, said Krohn Racing team owner/driver Tracy W. Krohn. We are looking forward to working with them and introducing them to the Grand-Am Series Prototype level. With BryanMarks astute knowledge of financial services and the Krohn Racing teams desire to win, we look forward to sharing many successes.

Nick Bellon, a Partner and Director of Business Development at BryanMark Financial Group, is enthusiastic about being involved with Krohn Racing. In addition to the fact that I like racing, the Grand-Am Rolex Series and Krohn Racing are a good fit for us demographically. We wanted to align ourselves with both an elite DP and GT team and found a good match in Tracy Krohn and Johnny Stevenson of Stevenson Racing. Tracy is running a very serious racing program with the new Lolas. Tracy owns the team and is also driving the car. Additionally, he is a fairly high-profile business owner. Aligning ourselves with an individual team like Tracy and Krohn Racing is a good fit for us branding and marketing-wise.

BryanMark Financial Group was founded in 2004 with the mission of providing sophisticated financial solutions to the affluent clientele. They focus on working with highly successful business owners who face unique financial planning challenges. Using their experienced team of financial professionals and a vast network of legal and accounting resources, BryanMark seeks to ensure their clients receive the highest level of advice and service.

BryanMark is a boutique financial firm based in the Midwest United States, with a typical client in the $20 million estate range and up. They are also aligned with the M Financial Group, a network of over 110 financial services companies with specialized resources that have the ability to meet the needs at the highest level of the affluent market in estate and financial planning needs.

Krohn Racing was formed in 2005 as an independent racing team, owned by Tracy W. Krohn of Houston, Texas. They won the 2006 Grand-Am Drivers Championship and were second in the Team Championship in the DP class. Krohn won the prestigious Jim Trueman Award for Sportsman drivers in 2007. Drivers in 2008 include Krohn and sports car endurance veteran teammate Eric van de Poele in the No. 75 Krohn Racing Pontiac Lola; and Nic JÃnsson and former Formula One ace Ricardo Zonta in the No. 76 Krohn Racing Pontiac Lola.

Krohn and JÃnsson shared their first Grand-Am Prototype victory at the Six Hours at The Glen in Watkins Glen, New York in 2005. Additionally, they finished second at last years 24 Hours of Le Mans driving a Ferrari 430 GT. JÃnsson, who serves as lead driver on the new Lola car development, made his NASCAR debut in 2007.

Source : http://www.theautochannel.com (5/8/2008)

SCCA Launches Tire Rack Divisional Solo Program  
TOPEKA, Kan. - Sports Car Club of America is revitalizing its Divisional Solo program with the launch of The Tire RackÂ(r) SCCA Divisional Championships and Division Cup Challenge.

Currently an optional program for all of SCCAs nine Divisions, The Tire RackÂ(r) SCCA Divisional Championships have been developed to create a clear ladder to National Solo competition. Participating Divisions will crown class champions in whichever manner they chose, whether it be through a point series or one winner-takes-all event.

Beyond the experience and confidence gained by taking part in events at the Divisional level, Soloists competing in the Tire Rack SCCA Divisional Championships will benefit via contingency programs and National Championship eligibility. Divisions enrolled in the new program can expect increased support from the National office in the way of fees and promotional items.

Additionally, Divisions will compete against each other in the Tire Rack SCCA Division Cup Challenge at the 2008 Tire Rack Solo National Championships. Each participating Division will earn points based on their total entries, number of rookie drivers and number of trophies earned. The Division accumulating the most points will earn the 2008 Tire Rack Division Cup.

We put this package together with the hope of growing the Divisional Solo program, SCCA VP of Rally/Solo Howard Duncan said. We want to give regional Solo participants a fun way to transition to National competition, while providing the Divisions with a package thats easy to establish and wont put a hole in their budget. This will certainly be a test year for the program, but it has great potential to enhance SCCA Solo as a whole.

Bridgestone has already signed on as a contingency sponsor for the Tire Rack SCCA Divisional Championships. Soloists competing on Bridgestone tires in select classes will be eligible for cash awards if they finish in the top three of their Divisions Championship standings. Drivers must register for the program before competing and run with the required decals.

Currently the Northern Pacific, Southern Pacific, Southwest, Northeast and Southeast Divisions have elected to participate in the Tire Rack SCCA Divisional Championships.

Source : http://www.theautochannel.com (5/8/2008)