Bookmark and Share Home Sign In
 
-• India's most trusted automobile portal since 1999
-• 4,00,000 + pages of information
-• 0.5 million visitor sessions each month

 Participate in Car Owner's Survey 
New Car | Used Car | Auto News | Indiacar Mall | Finance and Insurance | Car Maintenance Tips | Ask an Expert | Infobank | Message Board | Bikes
 Auto News Archives June 10 | News 1 Yr Ago | News 2 Yrs Ago 
  Archives   (17  October  2005)

Auto exports jump 36% in 1H  
NEW DELHI: Even as domestic sales went through ups and down during the first half of the fiscal, automobile exports from India grew by 35.87 per cent compared to the same period in the last fiscal.

According to the Society of Indian Automobile Manufacturers (SIAM), the total automobile exports touched 4,06,880 units in the first six month of the current fiscal as against 2,99,470 units in the same period last fiscal.

The increase in exports is mainly on account of motorcycles, which grew by 56.35 per cent to clock 1,88,117 units during the period as against 1,20,315 units in the same period last fiscal.

Passenger car exports grew by 14.99 per cent at 87,463 units in the fist half of the fiscal as against 76,061 units in the same period a year ago.

The commercial vehicles segment also registered impressive growth of 43.45 per cent growth in exports at 18,095 units as against 12,614 units in the same period last fiscal.

Leading the exports growth in the motorcycle segment is Hero Honda Motors with 97.8 per cent jump to clock 52,874 units in the first half of this fiscal as against 26,728 units in the corresponding period last fiscal.

Bajaj Auto followed closely with a total of 68,953 units as against 54,814 units during the same period last fiscal, a growth of 25.79 per cent.

In the passenger cars segment, Korean car-maker Hyundai registered 37.87 per cent growth to touch exports figure of 51,698 units as against 37,497 units during the same period last fiscal.

Tata Motors also registerd improved exports figures of passenger cars at 9,360 units in the first half of the fiscal as against 1,438 units in the same period last fiscal.

However, India's largest car maker Maruti Udyog suffered a 22 per cent decline in its exports in the first half of the fiscal at 18,241 units as against 23,396 units in the same period last fiscal.

On the commercial vehicles front, Tata Motors led the way with 9,414 units of goods carrier exports against 4,866 units in the same period last fiscal, a growth of 93 per cent.

Mahindra & Mahindra also managed to clock impressive exports growth of goods carrier during the period at 1,086 units as against 440 units in the same period last fiscal.

Although volumes remained small in the commercial passenger vehicles category, Tata Motors had 892 units exported during the period as against 550 units last fiscal.

Eicher Motors' exports of passenger commercial passenger vehicles marginally improved at 102 units in the period from 98 units last fiscal.

The overall passenger commercial vehicles exports in the first half of the fiscal grew by 67.47 per cent at 1,169 units up from 698 units in the same period last fiscal.

Source : Economic Times (10/16/2005)


Car cos drive away Shradh blues, sales rise 9.7 per cent in sept  
NEW DELHI: In the end, the Shradh month of September did not turn out too badly for car companies, which recorded a monthly growth just short of 10 per cent. According to sales statistics released by the Society of Indian Automobile Manufacturers (SIAM), car sales grew 9.7 per cent in September at 77,411 units compared to 70,507 units in the year-ago month.

With a strong navratra, car makers expect the festival season to wipe out stock pileup at the dealer end and take overall growth for the industry to a respectable, albeit single digit figure.

Part of the September recovery was fuelled by the decent growth recorded by top volume players. Market leader Maruti, grew nearly 16% at 40,047 units while arch rival Hyundai was up 22% at 14,283 units. The first six months, though, continued to be lacklustre with cars clocking a just-over 6% growth (4.09 lakh units), while UVs registering an 12.4% (89,362 units) increase. Total passenger vehicles, at 5.31 lakh units, were up 7% in the April-September period. After a negative June-July period, car sales have recovered somewhat though not enough to propel the industry growth graph into double digit territory.

Commercial vehicles clocked a smart growth of 14% (31,737 units) though the six month tally isn’t quite so promising. Although total CV sales is up 7% in H1, it is mostly on the back of a strong 20.5% growth in LCVs. Sales of both medium and heavy goods carriers as well as buses were flat to negative.

In two-wheelers, motorcycles continued to vroom with 2.7m units in the April-September period, up 20.5%. In September, sales were perkier — up nearly 26% at 5.38 lakh units compared to 4.28 lakh units last year.

Source : Economic Times (10/15/2005)


No plans to revise prices: Bajaj  
NEW DELHI: The country's second-biggest bike maker Bajaj Auto has said it plans to maintain prices of its products, even as the company reported an improvement in operating margins.

"We have no immediate plans to revise prices, except if competition demands," Bajaj Auto Executive Director Sanjiv Bajaj said from Pune.

Despite a surge in prices of inputs and other competitive pressures, Bajaj Auto reported a 61.5 per cent increase in net profit for the second quarter ended September 30, 2005, at Rs 290.81 crore. Operating margin was 17.2 per cent as compared to 15.9 per cent in the first quarter of the current fiscal and 15.7 per cent for FY 2004-05.

Bajaj said the company was satisfied with the margins which helped it achieve stronger bottom line. "The rise in margins is a result of richer product mix, productivity improvements and control over costs," he said.

The company's bike sales in the first half of this fiscal are up 42 per cent to 8.68 lakh units, ahead of the industry's growth rate of 20 per cent.

"We hope to maintain the growth momentum and significantly outgrow the industry pace," he said.

As it goes forward, the company is hoping to change the sales pattern for its bikes as currently a majority of demand comes for the entry-level 'CT100' model, which offers lower margins.

"We are trying to improve this and, in fact, saw bikes other than CT100 improving their contribution to overall sales by five per cent to 50 per cent in Q2 of this fiscal," Bajaj said adding that this included higher offtake of models like 'Discover' and 'Pulsar'.

The company recently announced plans to restructure the retailing model, as part of which it plans to have different sales platforms for mass segment products, premium bikes, rural markets and three-wheelers.

Early last month, it inaugurated a new retail outlet 'Pro-Biking', a concept through which it will sell its premium bikes.

"We plan to have ten pro-biking outlets by the end of this fiscal and hope this will also push sales of premium bikes," Bajaj said.

The company has plans to introduce a new bike, apart from coming out with a new range of scooters. "Our new bike is two quarters away and on the scooters side, we plan to launch a new range in the next 18-24 months," he said.

Apart from efforts in India, the company has also been trying to push sales in the foreign market.

Overall exports for Bajaj Auto have risen 17 per cent in the first half of this fiscal to 1,12,406 units from 96,013 units in the same period last year. "We hope to grow foreign shipments by about 20 per cent this fiscal," Bajaj said.

The company is looking to start an assembly line in Nigeria by the end of this fiscal and in Indonesia in the next 18 months which is expected to give a significant push to bike exports, Bajaj said. In both, it will use the joint venture route, tying with a local distributor.

Source : Economic Times (10/16/2005)


Delphi's Bankruptcy Signals Wrenching Changes Ahead for Industrial America, Says Miller  
Steve Miller, CEO of the newly bankrupt Delphi Corp., warns that his company's descent could become the tipping point for;;not just the fall of Detroit, but for all of industrial America. "What's happening at Delphi is just a small part of a huge;;national problem," Miller tells Newsweek in the October 24 issue (on newsstands Monday, October 17). "This is our country's;;dilemma as we talk about Medicare and Social Security."

Since Miller arrived in Detroit this summer to save General Motors spin- off Delphi, the feared and revered corporate fireman;;is loudly proclaiming an uncomfortable truth: Detroit, the last bastion of blue-collar affluence, is collapsing under the;;weight of pension and health care costs, reports Detroit Bureau Chief Keith Naughton. Now if Miller can't convince the powerful;;United Auto Workers to take a two-thirds compensation cut, money-losing GM and Ford have little hope of getting desperately;;needed concessions. "If they can't modify their labor contracts," says Miller, "Ford and GM are very much at risk of spiraling;;down into an ultimate bankruptcy."

In the meantime, Delphi's employees have cast Miller as the villain of the working man. Each night, he stays up late with;;his laptop, responding to every piece of hate mail he gets from his workers. A recent example: "You will walk away from this;;process paid for life, just like every other funeral you've presided over." Miller's response: "I'm painfully aware that I'm;;responsible for the welfare of thousands of employees. That's what keeps me up at night."

In another instance, while Delphi was in feverous (and ultimately fruitless) negotiations for a bailout from GM, Miller found;;himself sitting next to GM CEO Rick Wagoner at an executive confab in Washington. Miller's Blackberry buzzed. He glanced down;;to find a flaming e-mail from one of his employees. "You are a rapist and a pillager and a thief of the working man's rights,;;and may you rot in hell." Miller leaned over and showed it to Wagoner, saying: "Hey Rick, this one's for you.

Source : http://www.theautochannel.com (10/16/2005)


Honda Remains Committed to IndyCar  
Honda Performance Development (HPD), a subsidiary of American Honda Motor Co., has renewed its commitment to the Indy Racing League (IRL) IndyCar Series for engine supply in 2007, HPD President Robert Clarke announced today.

Honda joined the IRL at the start of the 2003 season, and its current agreement with the sanctioning body expires at the end of 2006. The new three-year contract with the IRL will ensure Honda,s continued involvement as an engine supplier in IndyCar racing through the 2009 racing season.

"We are pleased to announce that Honda will continue its role as an engine supplier to teams participating in the IRL IndyCar Series," Clarke said in making the announcement. "In the three years that Honda has been a part of the IRL, we,ve had a great deal of success against strong competition from other auto manufacturers. But, with or without that competition in future seasons, we wish to remain in IndyCar racing as it provides both a technical challenge for our engineers and a showcase for Honda products in the premier open-wheel racing series in this country."

In three years of IndyCar competition, Honda, its drivers and teams have compiled an enviable record of achievement. They include IRL Manufacturers, Championships for Honda in 2004 and 2005; a pair of Indianapolis 500 triumphs (Buddy Rice in 2004 and Dan Wheldon in 2005); two Drivers, Championships (Tony Kanaan in 2004 and Wheldon in 2005); three Rookies of the Year (Wheldon in 2003, Kosuke Matsuura in 2004 and Danica Patrick in 2005); and a total of 27 IndyCar Series race victories.

"I am very excited about Honda,s decision today as it brings stability and continuity to a very competitive racing package," said Tony George, chief executive officer of the Indy Racing League. "We look forward to continuing our partnership with Honda. We,re encouraged by their multi-year commitment to the IRL, and their willingness to assist us in growing the series both on and off the race track."

In 2004, Honda greatly expanded the role and abilities of its racing subsidiary, HPD, including opening a new, 123,000-square-foot facility in Santa Clarita, California. Almost triple the size of HPD,s original building, this two-story structure houses comprehensive Research & Development operations, including engine design, prototype and production parts manufacturing, machining operations, development engineering, material analysis and multiple dyno test cells in addition to HPD,s previous engine preparation and rebuilding capabilities

Source : http://www.theautochannel.com (10/16/2005)


Chevrolet Showcases Two of Its Brightest Stars at the SeventhAnnual El Premio de la Gente, Latin Music Fan Awards  
For this year's seventh annual El Premio de la Gente(r), Latin Music Fan Awards, Chevrolet turned heads on the red carpet by showing off two of its hottest new stars - the iconic Corvette Z06 and the hip HHR assembled in Mexico.

For the third consecutive year, Chevrolet is the title and exclusive automotive sponsor of the El Premio de la Gente(r) awards honoring Latin recording artists as voted on "by the people." In celebration of the awards, Chevrolet brought the two stylish vehicles to the awards show to help add excitement to the festivities, which will air Saturday, Oct. 29 on Telemundo Television Network.

As some of today's biggest music stars walked the red carpet at the El Premio de la Gente awards at The Forum in Los Angeles, Calif., Chevrolet captured the spotlight with the help of an electric blue HHR and a sizzling red Corvette convertible.

The brand new HHR boasts a youthful 'retro-cool' styling. With innovative features like an iPod/MP3 ready connection and an optional 260-watt Pioneer enhanced performance audio system with subwoofer, the HHR is a music fan's dream. The striking Z06 is the fastest, most technologically advanced production model in Corvette's 53-year history - and a great example of why Corvette and Chevrolet have inspired songs for decades.

Chevy is also the proud sponsor of the "New Artist of the Year" category. As sponsor of this award, Chevy took the category nominees - MDO, Mariana, La 5a Estación, Kalimba, Hector "El Bambino" and Isabella -- on the road to meet with fans and perform in LA, Chicago, Detroit, Miami, Dallas and Elizabeth, New Jersey.

"Chevrolet is excited to show off some of its hottest cars alongside some of today's brightest Latin stars," said Kim Kosak, Chevrolet general director of advertising and sales promotion. "We salute all the nominees and are proud to take have taken some of the rising stars in the Latin music world to their fans through the concerts. Chevrolet understands and shares the Latin world's passion for music."

Source : http://www.theautochannel.com (10/16/2005)


2006 Mazda MX-5 Cup Race Series Zoom-Zooms to Life  
During the Monterey Sports Car Championships event held this weekend at Mazda Raceway Laguna Seca, MAZDASPEED MotorsportsDevelopment announced details of the much-anticipated 2006 Mazda MX-5 Cup, Presented by Hankook. The new series will replacethe current very popular MAZDASPEED Miata Cup which features first- and second-generation Miatas. In the new series, theall-new third-generation 2006 Mazda MX-5 Miata, equipped with a 2.0-liter, 170-hp engine and six-speed manual transmission,becomes the specified racecar of choice. Details of the scheduled eight-race series will be announced soon.

"With the all-new 2006 Mazda MX-5 as a starting point, it was easy for us to create the fastest, best handling and most comprehensively prepared Spec Miata yet -- as well as ensuring the most level playing field possible between cars," said Steve Sanders, Manager, MAZDASPEED Motorsports Development. "We tried many different combinations of suspension settings, exhaust systems and engine modifications, but ultimately found the base car to be so good, we really didn't need to change much on the MX-5 to make agreat racecar."

To be sanctioned by Sports Car Club of America (SCCA) Pro Racing, the Mazda MX-5 Cup will participate as a support race forthe American Le Mans Series, SCCA SPEED World Challenge and other professional race series. This exposure to professionalracing venues and teams makes the MX-5 Cup the perfect training ground for aspiring racers. In addition, every race is scheduledto be televised, with professional production and commentary.

"We're extremely excited to continue our partnerships with Mazda and Hankook for the new MX-5 Cup," said Mitch Wright, SCCAPro Racing Vice President and General Manager. "The next evolution of the series will feature enhanced competitor incentives,higher profile race weekends and vastly increased promotional efforts from all involved.

The Mazda MX-5 Cup will provide an affordable, entry-level nationwide professional series whereby drivers compete in identicallyprepared vehicles. As before, all components for the cars will be sold directly through MAZDASPEED Motorsports Development,which also supports the program monetarily with contingency awards to successful drivers.

Source : http://www.theautochannel.com (10/16/2005)


Warning: SUVs are injurious to health  
NEW DELHI: Are Sports Utility Vehicles (SUVs) injurious to health? Yes, say doctors from across the world. In fact, doctors in the US and Europe are stepping up their campaign against SUVs. Their demand: SUVs should now come with a warning label similar to those found on cigarette packets.

Recent studies in US have revealed that the likelihood of a pedestrian dying from a car collision is doubled when the car is an SUV. The reason for this is not the SUV’s larger size and mass, but its higher hood.

According to experts, the high, blunt front end of the vehicle hits the vital organs directly, doubling the injuries to vulnerable regions as the head, thorax and abdomen.

On the other hand, when a passenger car hits a pedestrian, its bumper typically strikes the legs, the leading edge of the hood then hits the femur or pelvis and the pedestrian then folds downward, hitting the hood or windshield.

This means that a lot of the energy of the impact is likely to be transferred to the steel of the bonnet. In addition, the key organs of the upper body are less likely to get directly hit.

In an editorial titled "Sports utility vehicles and older pedestrians — A damaging collision" in the recent issue of the British Medical Journal, Simms and Desmond O’Neill, professors of medical gerontology at Trinity College said: "Two independent trends in the developed world are likely to reverse some of the hard won improvements that have been made in road safety.

One is the ageing of the population; the other the increase in the use of SUVs. The principal pedestrian injuries from cars are predominantly fractures of the tibia, fibula and knee injuries.

SUV bonnets are higher and this results in a more severe primary impact on the critical central body regions of the upper leg and pelvis. "

They added: "Our study results show that, for the same collision speed, the likelihood of a pedestrian fatality is nearly doubled in the event of a collision with a SUV compared with a passenger car. A common myth is that increased vehicle mass of SUVs is responsible for it. In fact, it is because of geometry of front end structure."

Source : Economic Times (10/17/2005)


Bajaj Auto Q2 net up 61.5%  
MUMBAI: Bajaj Auto Ltd reported on Saturday a 61.5 per cent rise in net profit at Rs 289.36 crore for the quarter ended September 30, 2005 as compared to Rs 179.45 crore in the year-ago period.

Total income grew 30 per cent to Rs 2003.15 crore for the second quarter against Rs 1536.52 crore in the corresponding period previous fiscal, the company informed the Bombay Stock Exchange.

Net sales from operations has increased to Rs 1969.57 crore for the quarter ended September 30, 2005 from Rs 1546.08 crore in same period in 2004-05.

The consolidated income of the group stood at Rs 263.13 crore for the quarter ended September 30, 2005 as compared to Rs 188.87 crore in same quarter previous fiscal.

Source : Economic Times (10/16/2005)


Car sales rise 9.7%, bikes up 25.8% in September  
New Delhi, Passenger car sales rose 9.7 per cent in the domestic market in September to 77,411 units against 70,507 units in the same month last year.

According to figures released by Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in the month shot up by 25.8 per cent to 5,38,889 units against 4,28,036 units in September 2004.

The overall two-wheeler sales, including scooter and mopeds, grew 20.4 per cent to 6,55,210 units as against 5,44,124 units in the same period a year ago.

Commercial vehicle sales in September 2005 stood at 31,737 units, a growth of 14.3 per cent over 27,766 units sold in the same month last year.

Source : The Hindu (Online Edition) (10/14/2005)


Automobile sector needs more investments  
Dr V Krishnamurthy, Chairman, National Manufacuring Competitiveness Council, on Thursday said that, the Indian automobile industry needs more investments, particularly in the component manufacturing sector, to meet increasing global competition.

He said that, the global automobile industry had started taking note of India's capabilities. In this context, the country should start innovations in designing automobiles. With an abundant number of personnel in the knowledge industry, the country needed investment on 'human capital' to compete effectively in the global market.

Expressing concern over the slow growth in the commercial vehicle sector, he said more emphasis should be placed on the public transport system, which has a major role to play, as there has been an improvement in road infrastructure.

R Seshasayee, MD, Ashok Leyland, said public transport had an effective role to play, in view of increasing fuel prices.

He suggested a separate lane for public transport in National Highways, like in London, which would lead to faster movement of vehicles.

Source : indiainfoline.com (10/14/2005)


FocusSport of Anaheim, CA bring their performance tuning experience from the Focus and apply it to their SEMA Fusion  
Ford steps up its aggressive reentry into the mid-size sedan market at the 2005 Specialty Equipment Market Association (SEMA) show with the debut of six new 2006 Ford Fusions tuned by aftermarket design and performance shops. The cars showcase customizing possibilities for Fusion just as Ford is ramping up the launch of its hot new sedan.

"The 2006 Ford Fusion stands out from other midsize sedans with its bold design cues, stance and strong sense of direction, and with the addition of some aftermarket 'tuning,' you have a recipe for one hot sports sedan," says Melvin Betancourt, Design Manager, Ford Vehicle Personalization.

"Driving a Fusion is about breaking free from convention to enjoy life with style and attitude. That's why we're launching the car with the marketing theme, 'Life in Drive,' and why we developed these cars for SEMA" adds Jyarland Daniels Jones, Fusion brand manager. "No one lives 'Life in Drive' more literally than customers who tune and customize their vehicles."

Fusion's bold design was inspired by the Ford 427 concept car that was first shown to media at the SEMA Show in 2002. Fusion takes several design cues from the 427, especially its chromed three-bar grille and multi-element projector-beam headlamps. The concept car also inspired Fusion's optional charcoal-black leather trimmed interior with contrasting-color seat stitching.

"Many of the Fusion's design cues, including the bold use of chrome, the projector-beam headlamps and clear lens taillamps, were first showcased on SEMA project vehicles," says Betancourt. "The reason Ford Design supports SEMA projects and travels to the show are to identify future design trends and take a look at what SEMA member companies can do to further enhance our products and gain consumer attention."

Design direction on several of the Fusion SEMA project vehicles heads toward playing up the sport sedan look and feel of the car. Designers from 3d Carbon and Street Scene Equipment are aiming to convey a European high-performance sport sedan look, with concentration on applying a road-hugging stance and keeping the clean lines of the original design.

For the performance market, Fusion offers a great platform for modification in both powertrain and chassis. Both FocusSport and Draxas are enhancing the 2.3L Duratec 4-cylinder engine with turbochargers, leveraging their prior experience with the Focus and satisfying sport compact performance enthusiasts. HPA Motorsports and H&R Springs both have 221-horsepower 3.0-liter Duratec V-6-powered Fusions and are concentrating on enhancing the driving dynamics of the car through suspension upgrades, in addition to applying a unique look.

"Fusion will fill a gap in Ford's line-up for that younger customer looking for a vehicle that expresses their own personality and achievements," continues Jones. "Our work with these SEMA members showcases the appeal of Fusion for all types of customers, whether looking for expressive style, or for a sport compact performance enthusiast moving up from a Focus."

Fusion which has been arriving at Ford dealerships nationwide all month, has a base price $17,795 (MSRP). Fusion's three trim levels, three powertrain choices, three wheel and tire packages and four distinct audio systems - including a host of other available features and options - allow for owners to customize the vehicle to their personal tastes. In particular, Ford made sure that customers could specify both the 160 horsepower I-4 and the 221 horsepower V-6 versions of the car with the same slate of available options - realizing that engine choice should not dictate how richly optioned a car can be.

"People are surprised to learn that Fusion is a Ford. But they'll get over their shock soon enough and start planning how to personalize their rides," says Jones. "Sport compacts and SUVs have been the trend in customization lately, but I think it's about time for all that to change. Just as Fusion is a game changer in the mid-size sedan segment, I think these SEMA Fusions will spark interest in a new trend."

After the SEMA Show, some of the tuner Fusions will travel the country to major auto shows, including the 2006 North American International Auto Show in January.

Source : http://www.theautochannel.com (10/16/2005)


The All New Jaguar Convertible  
With the all-new XK Coupe now revealed to the world, Jaguar is pleased to announce another all-new XK - the XK Convertible.

Designed in parallel with the Coupe as a model in its own right, the new XK Convertible uses the same advanced aluminium body structure technology to achieve excellent rigidity while minimizing weight. At just 1,635kg, the new Convertible - lighter than both its predecessor and rivals - is the lightest car in its competitive set.

A 300bhp, 4.2-litre V8 engine and Jaguar Sequential Shift steering-wheel-mounted gearchange controls ensure rapid performance of 0-60mph in just 6.0 seconds (0-100kmh in 6.3 seconds) and an electronically limited top speed of 155mph (250kmh.

The luxurious triple-lined, fabric roof - which can be powered up or down in less than 18 seconds - stows fully out of sight beneath an aluminium tonneau cover when retracted. A roll-over protection system comprising two 'hidden' aluminium hoops that deploy in the event of an incident is standard on all XK Convertibles.

"The all-new XK was designed from the outset to be a beautiful convertible. It is a statement of confident Jaguar design, elegant as well as powerful and with the performance and driving dynamics to match its looks", commented Jaguar Design Director, Ian Callum.

Source : http://www.theautochannel.com (10/16/2005)


Mark Boyd Joins Auto Dealer Traffic, Inc.  
Auto Dealer Traffic, Inc., a leading automotive internet marketing firm, has named Mark Boyd as the company's new Executive Vice President and Director of Strategic Development.;;Renowned in the automotive e-commerce world for his unprecedented success at Dealix Corporation and Chrome Systems, Inc., Boyd has an impressive history and expertise in the automotive technology sector that will help Auto Dealer Traffic empower auto dealers through search engine marketing and search engine optimization technology.;;Boyd also joins the Auto Dealer Traffic board of directors and will serve as its Chairman.

"We are really fortunate to have Mark as a member of our executive team," exclaimed Todd Swickard, Auto Dealer Traffic Founder and CEO.;;"He provides extensive knowledge gained through years of valuable experience, and his presence brings an exciting new dimension to our organization.;;Mark will also be a tremendous asset to our dealership customers in helping them sell more cars."

Previously employed as Executive Vice President of Strategy, Mergers and Acquisitions, and Business Development for Dealix Corporation, Boyd contributed to that company's historic partnership agreements and strong customer approval rating. Co-founding the company now known as Chrome Systems, Inc., in 1986 and serving as a director and executive vice president, Boyd has been a consistent leader and innovator in automotive-related advertising, marketing, sales, and business development.

Swickard characterizes Boyd's arrival at Auto Dealer Traffic as "a thousand steps in the right direction.;;Mark's pure ingenuity and polished skills will definitely help our company continue to advance as an industry leader."

Source : http://www.theautochannel.com (10/16/2005)


IIHS REPORT: Injury, Collision and Theft Losses  
The table inside summarizes the recent insurance injury, collision, and theft losses of passenger cars, pickup trucks, and SUVs. Results are based on the loss experience of 2002-04 models from their first sales through May 2005. For vehicles that were newly introduced or redesigned during these years, the results shown in this publication are based only on the most recent model years for which the vehicle designs were unchanged - either 2003-04 or 2004 only. Results are grouped according to vehicle body style and then according to size. A total of 371 vehicles are listed.

The results show that insurance losses for injuries, vehicle damage, and theft vary widely. Vehicle size is strongly related to injury and collision losses, but these losses also vary among vehicles similar in body style and size.

All losses are stated in relative terms, with 100 representing the average injury, collision, or theft loss for all vehicles. For example, a result of 122 is 22 percent worse than average, and 96 is 4 percent better than average. The vehicles are listed within each group in ascending sequence of injury claim frequency results. For convenience, the results are color-coded to indicate better and worse than the average. The results also are adjusted, or standardized, to reduce possible distortions from two nonvehicle factors - operator age (injury, collision, and theft results) and insurance deductible (collision and theft results only).

The results in this publication are generally good predictors of the experience of current versions of the same vehicle models. But when automakers substantially redesign their passenger vehicles, the experience of an earlier model with the same name (but not same design) may not predict the experience of the newer design.

Collisions that result in serious and fatal occupant injuries are relatively rare, so they have only a small influence on the insurance injury results reported in this publication. The results shown here are dominated by the relatively frequent low to moderate severity collisions and associated injuries.

Vehicles with high death rates often have high frequencies of insurance claims for occupant injuries. For example, small 2- and 4-door cars typically have high death rates and higher-than-average insurance injury claims experience. Some vehicles (e.g., sports cars) can have low injury claim frequencies but a high relative rate of severe or fatal injuries because of the manner in which they're driven.

Source : http://www.theautochannel.com (10/16/2005)


Bajaj Auto Q2 net up 61 pc on vehicle sales  
BAJAJ Auto Ltd (BAL) has reported a 61.63 per cent growth in net profit for the quarter ended September 30, 2005, at Rs 290.81 crore, from the previous corresponding Rs 179.92 crore.

At the same time, its net sales and income from operations increased by 28.91 per cent to Rs 1,866.95 crore (Rs 1,448.25 crore for the year-ago period).

According to a company statement the growth in profits was largely driven by the core automotive business.

With other income also up at Rs 136.2 crore (Rs 88.27 crore), the company's total income gained by 30.37 per cent to Rs 2,003.15 crore (Rs 1,536.52 crore). Gross profit after interest but before depreciation and taxation was Rs 451.79 crore (Rs 327.68 crore) and profit before tax, Rs 402.81 crore (Rs 264.92 crore).

At the half-year level, the company's net profit was up 45.09 per cent to Rs 499.81 crore (Rs 344.47 crore), while its total income was up 30 per cent to Rs 3,730.08 crore (Rs 2,869.08 crore).

BAL's sales volume for the quarter amounted to 555,552 units (445,195 units) and for the half-year, 1,061,076 units (818,104 units). At September-end, the cost of the company's investment portfolio was Rs 5,212.6 crore (Rs 4,588.2 crore at FY05-end) while its market value was Rs 6,549.2 crore (Rs 5,329.9 crore).

BAL's exports in value terms moved up by 15 per cent to Rs 407.2 crore for the first half period. In volume terms, exports increased by 17 per cent to 112,406 units.

Shares of BAL fell by Rs 54.50 or 3.12 per cent to Rs 1,691 on Friday.

Source : Business Line (Online Edition) (10/16/2005)


DaimlerChrysler to Start Selling Diesel-Powered Autos inJapan Next Year  
The AP reported that German automaker DaimlerChrysler AG plans to start selling diesel-powered passenger vehicles in Japan next year amid concerns about rising gasoline prices in a country that imports nearly all its oil, a news report said Saturday.

DaimlerChrysler stopped selling diesel models in Japan in 2002 but will resume sales in the fall of 2006, possibly with versions of the Mercedes C- and E-Class luxury sedans, the Nihon Keizai newspaper reported, without saying where it got its information.

The diesel vehicles will cost about 200,000 yen to 400,000 yen ($1,750 to $3,500) more than respective gasoline-powered models, giving them a markup similar to that for hybrid gasoline-electric vehicles, the report said.

Officials at DaimlerChrysler in Japan were unavailable for comment Saturday.

Diesel-powered cars are more fuel efficient than gasoline-powered ones but are less popular because they emit more particulate matter and other pollutants in their exhaust. While sales of diesel cars are growing sharply in Europe, they accounted for only 0.1 percent of the passenger cars sold in Japan in 2002, the newspaper said.

Gasoline prices have skyrocketed in Japan in recent months. The country is especially sensitive to overseas disruptions such as hurricanes in the Gulf of Mexico because it imports nearly all its oil.

Automakers including DaimlerChrysler have been working on ways to make diesel-powered cars more environmentally friendly.

Source : http://www.theautochannel.com (10/16/2005)


MAZDASPEED Motorsports: 2005 Racing Season Wrapup  
With victories in every one of the professional series in which Mazda competes -- Grand Am Cup Street Touring, American Le Mans Series LMP-2, Sports Car Club of America SPEED World Challenge Touring Class and the National Hot Rod Association PRO FWD -- the 2005 season was a very good year for the manufacturer.

"Looking back at the 2005 season, it really was a combination of the highest highs and the lowest lows," said Steve Sanders, manager, MAZDASPEED Motorsports Development and the man responsible for Mazda's North American motorsport operations. "Our teams did Mazda proud every weekend, and my hat's off to each and every driver, crew member and team owner for their time, effort and commitment this year. For next year, we'll defend the championships we won this year, and plan to fight even harder to win the ones we didn't."

The 2005 professional racing season at a glance:
- American Le Mans Series, LMP-2 (Courage/RENESIS rotary engine) With a Courage chassis powered by a three-rotor RENESIS rotary engine derived from the Mazda RX-8 sportscar, B-K Motorsports finished the season in third place. Drivers Jamie Bach and Guy Cosmo were named co-Rookies of the Year for their consistent driving and for one win during the season.
- Grand Am Cup, Street Touring Class (RX-8): With wins at tracks across the country in 2005, SpeedSource repeated last year's feat as manufacturer's champion, but added team and driver's (for David Haskell) championships.
- Sports Car Club of America SPEED World Challenge, Touring Class (MAZDA6, Protege): With one of the most competitive SPEED World Challenge seasons now complete, Mazda finished second in the manufacturer's championship, as teams competed with both MAZDA6 and Protege cars.
- Professional Formula Mazda (Star Formula Mazda/RENESIS rotary engine): As this one-make open-wheel series draws to a close, Raphael Matos - with four wins this year - takes the crown as driver's champion. With grid sizes averaging 40-plus cars, the Professional Formula Mazda series is the largest, most popular open-wheel race series in North America.
- National Hot Rod Association, PRO FWD (MAZDA6): Driver Ed Bergenholtz piloted his 1,200-plus horsepower MAZDA6 to the driver's championship. The underdog team beat all competitors, including fully funded teams from General Motors.
- MAZDASPEED Miata Cup, Presented by Hankook (Mazda Miata): Justin Hall emerged as champion is this one-make series for first- and second- generation Mazda Miatas.

Looking forward to 2006, MAZDASPEED Motorsports Development intends to continue to be running up-front at tracks across the U.S.

On any given weekend, there are more Mazdas on the road-race tracks of America than any other brand of vehicle. Mazda's motorsport involvement even extends to the nation's premier road-racing circuit, Mazda Raceway Laguna Seca.

Mazda North American Operations is responsible for the sales and marketing, customer parts and services support of Mazda vehicles in the United States. Headquartered in Irvine, Calif., MNAO has more than 700 dealerships nationwide.

Source : http://www.theautochannel.com (10/16/2005)


China's Vehicle Number to Double by 2010: Official  
China will double its vehicle number by 2010, with the total figure reaching 55 million, said Huang Hai, assistant minister of commerce Saturday.

Speaking at the Shanghai International Auto City Summit, the official said China will speed up the building of its auto market system in line with the country's 11th five-year program.

This will improve the environment of vehicle consumption and increase the total number of the cars, the official said.

Huang said the product structure of China's auto industry keeps improving in 2005.

There exists fierce competition among the domestic auto makers.

China's domestic auto market will see an annual demand of eight to nine million vehicles in 2010. Every thousand people will possess 40 cars.

The statistics from the Ministry of Commerce show that both the output and the sales of China's auto industry exceeded five million last year.

China has about 27 million cars today, 60 percent of which are privately owned.

Source : http://www.china.org.cn (10/16/2005)


Honda may need merger partners-Barron's  
Honda Motor Co. Japan's No.3 automaker, may need to seek a partner and surrender its independence in a global industry plagued by overcapacity and where joint ventures are a means of survival, Barron's said in a report this weekend.

Toyota Motor Corp.'s purchase of Fuji Heavy Industries, the maker of Subarus, from General Motors (GM.N: Quote, Profile, Research) could strengthen that company's dominance among makers of increasingly popular hybrid vehicles, the report said.

A spokesman for American Honda told Barron's the company is not interested in merging with another auto maker.

Honda's American depository shares (HMC.N: Quote, Profile, Research) would climb higher upon news of any alliance, Barron's said.

Renewed interest in Honda's smaller cars by U.S. consumers could also boost profits, and its shares, in the next 12 to 18 months, the report said.

Source : http://asia.reuters.com (10/16/2005)


Honda to set plant in China  
Honda Motor Co Japan's second-biggest auto maker, said on Monday that it plans to set up a wholly-owned automobile powertrain components production plant in China's southern province of Guangdong.

Honda Auto Parts Manufacturing Co Ltd, capitalised at $90 million, will make automobile transmissions as well as other power-train components including drive shafts and engine parts in Nanhai District of Foshan City, it said in a statement.

The plant, which will supply Honda's automobile production joint ventures in China, is scheduled to start production in spring 2007 with an initial production capacity of 240,000 units per year, it added.

It said local production of components would enable Honda to expand production in China and help lower costs.

Honda has two automobile joint venture companies -- Guangzhou Honda Automobile Co Ltd with Denway Motors Ltd, and Dongfeng Honda Automobile Co Ltd with Dongfeng Motor Corp -- that target the domestic market.

It also has a car making joint venture, Guangdong Honda Automobile (China) Co Ltd, for export.

The annual production capacity of the three automobile ventures will reach a total of 530,000 units by the second half of 2006, it added.

Source : http://www.hindustantimes.com (10/17/2005)


Cummins Aims to Triple China Sales  
Cummins, the world's leading diesel engine maker, said on Friday that it plans to triple its investment and sales in China within the next five years.

The US-based group will invest an additional US$300 million in China by 2010, said Tim Solso, Cummins chairman and chief executive officer, said at a press conference on Friday in Beijing.

Cummins' accumulated investment in China has exceeded US$140 million so far.

Following Cummins' planned investment, its Chinese partners will also spend US$300 million or more in their joint operations over the next five years, Solso said.

Cummins expects its annual sales in China to grow to US$3 billion by 2010 from more than US$1 billion last year, he said.

China has been Cummins' second largest market after the United States. Last year, China accounted for more than 10 percent of the group's global sales.

"China represents Cummins' single largest international growth opportunity. All of our businesses in China are profitable. And we will continue to invest in China," he said.

As part of the 30th anniversary celebrations of Cummins' operations in China, Solso led the group's entire board of directors on a visit of the nation over the past week.

Cummins has set up six wholly-owned and joint venture plants in China with more than 5,500 employees.

"We will set up new joint ventures and expand production capacity of all our plants in China," said Steve Chapman, Cummins' vice-president responsible for emerging markets and businesses.

Cummins on Friday announced that it will develop 13-litre diesel engines in China jointly with Dongfeng Motor Corp, the nation's No 3 vehicle manufacturer.

Annual production capacity of Cummins' engine joint venture with Dongfeng, its second largest manufacturing base in the world, will be expanded to 200,000 units by 2010 from 130,000 units at present.

Cummins' technology centre with Dongfeng, established in July this year, will begin operations next year.

In August, Cummins signed a joint venture with Dongfeng to produce auto exhaust systems in China.

The US firm clinched a deal with Shaanxi Automotive Group, one of China's major truck producers, last month to form a joint venture which will start to produce 11-litre diesel engines during the third quarter of 2006.

Cummins said that it will also produce natural gas engines in China.

The company said it will export part of its products made in China to other markets through its global networks.

"Chinese diesel engine makers have low manufacturing costs and they will have opportunities in the overseas market within the next five to 10 years. So we should pay attention to our Chinese competitors," said John Watkins, chairman of Cummins (China) Investment Co Ltd.

Source : http://www.china.org.cn (10/16/2005)


Dramatic slump seen in vehicle sales  
U.S. sales of new cars and trucks at the retail level appear to have fallen off the cliff in October, led by steep declines at General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (F.N: Quote, Profile, Research), J.D. Power and Associates said on Friday.

A report from the industry tracking firm's closely watched Power Information Network cited a lack of high-impact incentives from major automakers, high U.S. gasoline prices, low inventory levels and an apparent pullback by consumers after exceptionally strong sales over the summer for the dramatic slowdown.

Retail new-vehicle sales were down 33 percent across the industry in the first nine days of October compared with the same period a year ago, the Power Information Network said.

It said results were down at nine major automakers, but GM led the pack with a 57 percent decline followed by Ford, which saw its retail sales drop 45 percent over the first nine days of the month.

The Chrysler arm of Germany's DaimlerChrysler (DCXGn.DE: Quote, Profile, Research) (DCX.N: Quote, Profile, Research) posted a 32 percent drop over the same nine-day period compared with year-ago results.

The U.S. arm of Honda Motor Co. Ltd. (7267.T: Quote, Profile, Research) posted the smallest drop, with retail sales down just 8 percent, followed by Toyota Motor Corp. (7203.T: Quote, Profile, Research), with sales down 14 percent.

Of Japan's Big Three automakers, Nissan Motor Co. Ltd. (7201.T: Quote, Profile, Research) was the worst performer in the early days of October, with retail sales down 21 percent year-over-year.

"A lot could happen between now and the end of the month," said Jeff Schuster, executive director of global forecasting at J.D. Power and Associates. "But at this point, we're on track for an October like we haven't seen sine the early 1990s."

Slowing sales of fuel-thristy sport utility vehicles were a leading factor behind GM's overall sales decline of 24 percent last month. Ford's September sales fell 20 percent.

Both companies are heavily reliant on sales of traditional truck-based SUVs, which are heavier and get poorer fuel economy than smaller, car-based SUVs known as crossover vehicles.

Source : http://asia.reuters.com (10/16/2005)


TransCore Unveils Design Innovations to GlobalWave Satellite Communications Tracking Technology  
Following a multimillion dollar research and development (R&D) effort, TransCore introduces a smaller, faster, more power efficient, and compelling value proposition for satellite-based asset tracking technology to expand opportunities within the trucking, rail, security and marine markets. At the heart of these innovations is a new core modem that reduces the size of the terminals and extends battery life from the usual three years up to seven years, doubling battery life of trailer tracking products on the market. By eliminating the need for frequent battery replacement or using unreliable and expensive rechargeable batteries, TransCore resolves a long-standing impairment to widespread adoption of un-tethered tracking applications.

"In an industry burdened by market volatility and increased security demands, manufacturers must make satellite tracking technology more accessible," said John Worthington, president of TransCore. "As we see with consumer electronics, the evolution of technology delivers greater functionality and streamlined design, all with a more desirable value proposition. The fleet market should realize these same benefits."

Through this technical advancement, TransCore introduces two new GlobalWave(R) satellite data communication terminals, one for basic tracking applications and one that enables both tracking and monitoring with a full suite of sensors. Both enable two-way, all-satellite, nationwide communication between fleet operators and assets. What makes these satellite communication units particularly appealing are design modifications that yield various benefits, such as:

-- Third-generation core modem: Faster response -- under a minute compared to some systems that can take as long as 90 minutes; efficient power management with less battery drain; and integrated GPS.

-- Streamlined design: Lowest height profile of any unit on the market, reducing the height to just above three quarters of an inch (0.8 inches), making it less visually obvious and reducing the potential for theft or dismantling.

-- Reduced power usage: Longest battery life on the market, increasing battery life from the usual three years up to seven years, and ultimately reducing the number of times equipment is taken out of use for maintenance or additional expense associated with rechargeable batteries.

-- Easier installation: Can be installed in under 10 minutes on loaded or unloaded trailers.

-- Seamless integration: Interfaces with leading transportation management software (TMS) providers.

TransCore, the largest global manufacturer of transportation-based radio frequency identification (RFID) products, acquired GlobalWave satellite technology in March of 2004. Adding satellite communication technology was an essential element of TransCore's strategic vision, and today's introduction solidifies the company's commitment to expanding GlobalWave products through R&D funding. Earlier this year, TransCore launched several low-cost sensors, including a first-of-its-kind infrared cargo sensor.

Source : http://www.theautochannel.com (10/16/2005)


Bajaj Auto Q2 net profit up 61.25% at Rs 289.36 crore  
Bajaj Ltd`s unaudited results for the quarter ended September 30, 2005 is as follows:

The company has posted 61.25 per cent increase in its profit after deferred tax adjustments to Rs 289.36 crore for the quarter ended September 30, 2005 as compared to Rs 179.45 crore for the quarter ended September 30, 2004.

Total income (net of excise) has increased by 30.37 per cent to Rs 2003.15 crore for the quarter ended September 30, 2005 from Rs 1536.52 crore in Q2-04.

The consolidated results are as follows:

Income attributable to Consolidated Group has increased by 39.32 per cent to Rs 263.13 crore for the quarter ended September 30, 2005 as compared to Rs 188.87 crore for the quarter ended September 30, 2004.

Source : myiris.com (10/17/2005)


The History Of Mercedes And AMG  
I have a question for all the Mercedes history buffs out there: "What year did Mercedes and AMG sign a cooperation agreement allowing AMG vehicles to be sold through Mercedes' dealerships around the world?"

The year was 1990, and Mercedes has never been the same since. Mercedes, a name synonymous with luxury and quality, could now add performance and power to their extensive list of qualities.

Yesterday, Daimler Chrysler published an article discussing the history of Mercedes and AMG, as well as detailing various milestones throughout the years.If you, like many, have been a fan of Mercedes from childhood on, you'll probably recognize all the cars on the list.If you're unfamiliar with the two companies' history, take a look at it and see where the current wave of high performance AMG models came from.

Source : http://www.theautochannel.com (10/16/2005)


BMW at the 39th Tokyo Motor Show.  
1. Highlights. 3

2. BMW at the 39th Tokyo Motor Show. (Long version) 5

2.1 BMW 3 Series Sports Wagon: Harmony of Dynamism, Function and Comfort. 5 2.2 BMW 1 Series: New Top-of-the-Range 130i and Attractive Extras. 9

2.3 Asia Debut of the BMW Z4 Coupe Concept Car. 11

2.4 BMW EfficientDynamics. 15

2.4.1 High Precision Injection is the world’s first direct fuel injection system offering significant benefits in fuel economy under regular driving conditions. And this technology is based as before on the combustion engine. 15 2.4.2 Brake Energy Regeneration and Automatic Start/Stop: Substantial Improvement of Fuel Economy without Forfeiting that Driving Pleasure so Typical of BMW. 18

2.4.3 BMW Active Hybrid. 20

1. Highlights. At the world’s largest visitor trade fair for cars and motorbikes, BMW is presenting a wide range of product features and innovations. For example, the new BMW 3 Series Sports Wagon celebrates its Asian debut in Tokyo. The most versatile 3 Series ever combines a sports-oriented driving machine and, at the same time, a comfortable estate car with a generous feeling of space. The new sports package from BMW M GmbH ensures more individuality and product substance for the 1, 3 and X3 Series. The BMW Z4 Coupe concept study allows a glance into the near future. This vehicle impressively underlines the claim to leadership of the BMW brand name in the disciplines of design, technology and performance. The approximately 1.5 million trade fair visitors from home and abroad, anticipated by the organizers between 19.10. and 6.11.2005, can gain their own impression of the innovation power of the BMW Group. With the BMW X3 EfficientDynamics Concept, the company shows how new potential can be employed for the reduction of consumption and emissions through the intelligent management of energy fluxes. The prototype is designed in such a way that savings potentials can be achieved without foregoing the advantages of a dynamic drive. The BMW Active Hybrid Drive Concept with active transmission, novel injection technology, innovative energy management for brake energy regeneration among other things, are just some of the technological highlights of this study. BMW 3 Series Sports Wagon: Asia Debut in Tokyo. BMW’s sporting but elegant estate car with its outstanding chassis and suspension now offers even more space for both passengers and luggage. The fourth generation of the 3 Series Sports Wagon is even more versatile than ever, entering the market with the BMW 325i Sports Wagon. BMW 1 Series: New Top-of-the-Range Model and M Sports Package. The top-of-the-range model in the 1 Series, boasting a 195 kW/265 hp and 315 Nm/232 lb-ft, 3 liter inline-six, is the supreme athlete in the compact class. And, starting in autumn, all 1 Series will be available with BMW’s Adaptive Headlights, new telematics functions, the M Sports Package and – starting now – a particle filter for the diesel models.

M Sport Package for BMW 1 & 3 Series Sedans and X3 SAV. BMW offers a new M Sport Package as an option for the 1 and 3 Series Sedans as well as the X3 SAV. Among other features, the package includes an M sports chassis, alloy wheels, M Aerodynamic Package with bumpers in the car color; sport seats, M leather steering wheel and M entry trim strips. BMW Z4 Coupe concept study. The BMW Z4 Coupe concept study presents an example of fascinating car construction like no other. The BMW brand name sets new stylistic, conceptual and technical trends. With its superlative performance, the study embodies the classic values of the BMW brand name. BMW EfficientDynamics. High Precision Injection and Brake Energy Regeneration: BMW technology innovations for significantly reduced consumption for all models. • The “High Precision Injection” fuel injection technology, to be introduced by BMW in the years to come, is the first jet-guided direct injection of petrol suitable for mass production. This technology achieves the full savings potential in consumption that cannot be reached by current solutions on the market. • Under the title of Brake Energy Regeneration, the BMW Group introduces the regeneration of energy, which has been released so far in the form of heat from the brake disks, via an intelligent alternator control as well as an automatic engine start/stop system. BMW Active Hybrid to debut in Asia: spontaneous, exhilarating acceleration and economical. For high-performance models, the BMW Group has developed the exemplary drive concept, BMW Active Hybrid, the BMW interpretation of a hybrid drive based on active transmission and Super Caps. 2. BMW at the 39th Tokyo Motor Show. (Long version)

2.1 BMW 3 Series Sports Wagon: Harmony of Dynamism, Function and Comfort. The fourth generation of the highly successful BMW 3 Series Sports Wagon is making its Asia debut at the 39th Motor Show in Tokyo. Sporting, variable and suited for nearly all transport requirements, the new 3 Series Sports Wagon is most definitely the most versatile 3 Series of all time. And, at the same time, it is the world’s most “open” estate car, with the huge panorama roof creating almost the same feeling as in a convertible. Designed for Pure Driving Pleasure and Joy of Life. With its long engine compartment lid and short overhangs, the 3 Series Sports Wagon stands out as a powerful sign of dynamism and agility expressing sheer driving pleasure at its best. Through its proportions and surface language alone, this car is unique within the BMW 3 Series. To harmonize the dominating window areas at the rear of this estate with the dynamic look of a sporting sedan, the roof line tapers down gently to the rear end while the shoulder line rises up slightly to the back of the car. Larger, More Powerful, More Versatile and Faster. BMW’s fourth-generation 3 Series Sports Wagon comes with innovations clearly demonstrating its leading position: Even more powerful engines, a “faster” suspension for maximum joy of motoring, even more detailed solutions for the car’s occupants and luggage, as well as extra comfort all ensuring an even higher standard of product substance. Without forfeiting the compact dimensions so familiar of the 3 Series, the Sports Wagon is longer (+ 42 mm/1.65´´), wider (+ 78 mm/3.07´´), higher (+ 9 mm/0.35´´) and has a longer wheelbase (+ 35 mm/1.38´´) than its predecessor. Clearly, this benefits the car’s occupants, the luggage compartment, and the high standard of passive safety. More Loading Space. Better Loading Ideas. Obviously, the aficionado of the BMW Sports Wagon focuses particularly on the loading space offered by his car. And indeed, measuring the car’s loading space up to the upper edge of the backrest, capacity is up by 25 liters over the previous model to 460 liters or 16.1 cu ft. Folding down the 60 : 40 backrest the driver also benefits from an almost flat floor area offering no less than 1,385 liters or 48.5 cu ft of loading space – 40 liters more than in the former model.

Many detailed improvements in the 3 Series Sports Wagon that give the cus¬tom¬er even more practical benefits are perhaps even more significant in everyday motoring. One example is the optional Luggage Com¬part¬ment Package making the Sports Wagon even more practical and versatile. The highlight in this context is the reversible floor on top of the storage compartment beneath the loading area. A washable cover on the back of this floor panel folds out over the luggage compart¬ment carpet and bumper to avoid scratches and contamination. An¬other feature also provided in this context is the watertight folding box for dirty and wet items. Opting for the ski-bag as a very functional extra, the driver is able to exchange this special module in the rear-seat backrest against other inserts such as a cooling box, whenever required. Like the watertight folding box, nets for various items of luggage, an umbrella holder, bag holders and a 12-volt power takeoff significantly increase the car’s practical value. And since the Sports Wagon comes on puncture-proof runflat tires, the usual recess otherwise used for the spare wheel within the luggage compartment now serves to provide additional storage space. Rear Window with Comfort Opening. Low Loading Sill. Opening separately, the rear window significantly facilitates the pro¬cess of loading and unloading the Sports Wagon as well as the trans¬porta¬tion of long items. The comfort opening function incorporated in the luggage compartment, in turn, automatically moves up the roll cover when opening the rear window to provide quick and convenient access to the loading area. And to make the process of loading the luggage compartment even more convenient, the bumper comes with a deep recess at the rear, with the rear loading edge only 59 centimeters or 23.2´´ high. The Interior: Two Characters in One. The BMW 3 Series Sports Wagon combines two characters in one: It is a sports-oriented driving machine and, at the same time, a comfortable estate car with a generous feeling of space. All functions relevant to motoring requirements are integrated on or directly around the steer¬ing wheel, and the most important driving and comfort information is presented directly in the driver’s field of view. At the same time, the front passenger has optimum access to the comfort zone in the middle of the instrument panel.

BMW iDrive: the Groundbreaking Display and Control Concept. Whenever the customer opts for a navigation system, he will also receive BMW’s iDrive display and control concept. The obvious features distinguishing iDrive at first sight from the “basic” cockpit are the Controller and the Control Monitor beneath the second binnacle. The driver benefits from ergonomically perfect control and display functions tailored to his requirements, with all information and comfort functions likewise being directly accessible to the front passenger. Powerful Six-Cylinders in the Sports Wagon. The new inline-six in the BMW 325i Sports Wagon is the lightest six-cylinder in-line power unit in its class.160 kW/218 hp at 6,500 rpm (+ 19 kW/26 hp) and maximum torque of 250 Nm/184 lb-ft from 2,750 all the way to 4,250 rpm (+ 5 Nm/3.7 lb-ft) boost this superior performer to pole position ahead of its competitors. On the road this means a top speed of 243 km/h or 151 mph, acceleration from 0–100 km/h in 7.2 seconds, and 80–120 km/h in fourth gear in 7.9 seconds. Top Technology for Even Better Driving Dynamics. The new Sports Wagon comes with the most agile suspension in its class. Combined with the engine fitted lengthwise at the front, rear-wheel drive and excellent axle load distribution, BMW’s sports estate once again increases its leadership in the market. The chassis and suspension of the 3 Series Sports Wagon are the same as on the Sedan, but re-tuned to meet the requirements of this particular estate model. The new double-pivot front axle made of aluminum ensures an opti¬mum balance of driving dynamics and motoring comfort. Particularly striking features are the superior tracking stability and the extremely low roll noise. And despite the use of lightweight materials and tech¬nology, the suspension makes a significant contribution to the car’s superior stiffness. The five-link rear suspension also serves to provide spirited agility and sports handling on the road, ensuring precise wheel guidance combined with very good roll comfort. Latest Generation of DSC. DSC Dynamic Stability Control of the latest generation ensures an even higher standard of safety on the road. In the six-cylinder models DSC is further enhanced by additional functions such as Brake Drying, Brake Standby, a Start-Off Assistant and Comfort Stop.

Active Steering: Unique in this Class. The new BMW 3 Series Sports Wagon is the only compact sports wagon to offer an active steering system: BMW Active Steering improves the car’s agility and, as a result, its already high standard of driving pleasure. At low speeds the trans¬mission ratio is more direct, at high speeds more indirect, making the entire steering process even easier, safer and more agile. When necessary, Active Steering also supports the driver by correcting the steering angle at the onset of oversteer or understeer. And last but certainly not least, it facilitates everyday driving conditions by reducing the number of turns on the steering wheel when parking and in city traffic. Passive Safety. Intelligent lightweight engineering makes the body of the car even stiffer and stronger: Without putting on any extra weight over the former model, the body of the new 3 Series Sports Wagon is 25 per cent stiffer through the use of upgraded steel and steel molding and forming technologies as well as a truss concept for the car’s load-bearing structure. It almost goes without saying that the 3 Series Sports Wagon is designed and built for the best result in the different European crash tests. Apart from optimized belt systems, the occupant safety concept comes as standard with no less than six airbags: driver, front passenger, hip, thorax and curtain Head Protection System. Optimum child safety is ensured by ISOFIX anchoring points on the front pas¬senger’s seat and the two outer seats at the rear. Perfect Sound Control for Optimum Audio Quality. Featured as standard in the 3 Series Sports Wagon, the stereo system uses the luggage compartment as a resonance chamber and, through its precisely balanced performance, once again sets the standard in this class. The audio system is further enhanced by the optional HiFi system and, of course, by BMW’s HiFi Professional featuring the top-end LOGIC7 concept. Both of these systems offer a level of audio quality never seen before in this segment of the market. 2.2 BMW 1 Series: New Top-of-the-Range 130i and Attractive Extras. BMW proudly presents the new top-of-the-range 1 Series – the 130i – as well as new items of equipment and the new M Sports Pack¬age for all 1 Series at the Tokyo Motor Show. BMW 130i: Sporting Performance in a Top-Class Outfit. The new top-of-the-range 130i, quite literally the “star” of the BMW 1 Series, offers driving pleasure beyond conventional dimensions in the compact class as of autumn 2005. The combination of BMW’s well-known agile suspension and the new 3.0-litre six-cylinder power unit (195 kW/261 hp, 315 Nm/232 lb-ft) with its magnesium engine block and VALVETRONIC creates a winning team in every respect. The BMW 130i appeals to the discerning customer not willing to forego the dynamic character of a luxury performance sedan in the compact class. And so such a customer will enjoy unpretentious superiority in grand style. Seventeen-inch wheels in V-spoke design developed especially for the 130i, the BMW kidney grille with chrome-plated slats and dual tailpipes with chrome-plated rear ends show the connoisseur that this is a particularly powerful and muscu¬lar BMW. The BMW 130i accelerates to 100 km/h in just 6.2 seconds. Top speed is limited electronically to 250 km/h or 155 mph, and fuel con¬sumption in the EU test cycle is a mere 9.0 litres/100 kilometers, equal to 31.4 mpg Imp. New Options for Extra Comfort and Safety. Over and above the new top-of-the-range model, BMW also offers a complete range of new equipment options as of autumn, making every BMW 1 Series a truly unique, one-off driving machine: Examp¬les are the attractive M Sports Package, Adaptive Headlights and – already available today – the diesel particle filter. The BMW Assist telematics service and the mobile BMW Online Internet portal have also been included in the list of options for the BMW 1 Series. Another highlight is BMW’s innovative Connected¬Service concept enabling the BMW 1 Series to register for service at the workshop all by itself by way of a telephone text message, Blue¬tooth technology providing a quick link to various mobile telephones in the BMW 1 Series.

As a result of these features, the BMW 1 Series offers not only a unique driving experience in the compact class, but also takes the lead in the market through its driver assistance systems. Dynamic, Superior, Exciting: the M Sports Package. Starting in September 2005, BMW offers the M Sports Package for all models in the 1 Series. Developed by BMW M, this very special Sports Package appeals to all customers wishing to further refine the sporting and agile philosophy of their 1 Series, underlining the dy¬nam¬ic qualities of the car also in optical terms. In conjunction with M double-spoke light-alloy wheels measuring 17 or 18 inches, as well as different-sized tires front and rear, the spe¬cially tuned M Sports Suspension ensures optimum contact on the ground and perfect grip at all times. The powerful look of the car is highlighted visually by the M Aero¬dy¬namics Package, comprising front and rear air dams as well as side-sills finished in body color. Inside the car sports seats, the BMW individual roof lining in anthra¬cite, a leather steering wheel, a footrest and entry trim strips in BMW M Design as well as special aluminum trim strips clearly bear tes¬ti¬mony to the outstanding sportiness and dynamism of the 1 Series. Top-quality soft nappa leather on the handbrake lever and the extra-short gearshift lever ensuring an even faster and more precise gear¬shift again underlines the supreme standard of visible and tangible quality of all materials inside the car.

2.3 Asia Debut of the BMW Z4 Coupe Concept Car. An Asia debut full of emotion – this is what BMW is presenting at the 39th Tokyo Motor Show: The BMW Z4 Coupe Concept Car, more than any other exhibit, clearly represents and embodies fascinating car construction. Presenting this Concept Car, BMW establishes new trends in terms of design, concepts, and technology. And with its performance truly outstanding in every respect, the Z4 Coupe Concept Car clearly bears out all the classic values of the BMW brand. Considering the consistently growing market for high-profile premium sports cars, finally, the decision to build such an emotional two-seater Sports Coupe as a regular production model is almost obvious. All the Performance of a Thoroughbred Sports Car. The long and sleek engine compartment lid, the passenger compartment moved far to the rear, and the short overhangs front and rear impressively visualize all those classical attributes so typical of BMW: Within the engine bay lurks a longitudinally mounted inline-six conveying its power to the rear axle in the interest of supreme driving dynamics. In conjunction with the car’s long wheelbase and the centre of gravity visibly moved far to the rear, the Coupe right from the start creates the impression of a top-flight athlete surging forward with all his energy. The Concept Car is powered by BMW’s new 3.0-liter inline-six developing a maximum output of 195 kW/265 hp and peak torque of 315 Nm/232 lb-ft. Acceleration from 0–100 km/h is expected to take only about 5.7 seconds, with the car’s top speed ending at the 250 km/h (155 mph) mark applicable to BMW’s production models. Equipped with the most advanced and sophisticated suspension control systems, Electrical Power Steering (EPS), as well as a high-performance brake system, the Z4 Coupe Concept Car is able to use all its power safely and reliably. The extremely stiff bodyshell, in turn, ensures driving dynamics of the highest standard, together with a level of above-average crash safety quite unusual in a sports car.

Contrasts, not Compromises: Dynamic also in Design. With its uncompromising technical features focusing on top-level performance, the Z4 Coupe clearly offers driving dynamics of the highest standard. And the car’s designers have been just as uncompromising in giving the car an unparalleled look of dynamic performance right from the start. Contrasts in the car’s design ensure an acute sense of supreme tension – and tension also creates and bears out dynamism in design. The fascinating aesthetic look of the Z4 Coupe Concept Car is based on the highly expressive design language of the BMW Z4 Roadster. Indeed, the interplay of concave and convex surfaces merging in powerful and striking lines gives the body of the car not only unique character, but also a touch of clearly perceptible dynamism even at a standstill. The flowing roofline, in turn, characterizes the BMW Z4 Coupe as a classic coupe with its centre of gravity moved at least visibly to the rear axle. The recess in the middle of the roof again reinforces the sporting look and character of this classic coupe, the combination of these elements giving the car a touch of forward-oriented dynamism from every angle: The BMW Z4 Coupe is low, fast and, at the same time, elegant in its looks. The glazed part of the passenger cell referred to by experts as the “greenhouse” visibly tapers out into the rear end, accentuating the rear wheel arches in a powerful and muscular look. The spoiler designed into the rear lid also ensures optimum aerodynamics and streamlining, with the third brake light integrated beneath the spoiler in the rear lid. A further effect of the spoiler and brake light is the additional emphasis they give to the sheer width of the car’s rear end. The seam around the rear lid extends discreetly along the rear side windows, finally merging into the sill line of the car. As a result, the Z4 Coupe Concept Car retains the sporting look of its rear side windows with that characteristic Hofmeister “kick” even with the rear lid open. And beneath the rear lid, finally, the Z4 offers luggage capacity that is quite remarkable for a sports car of any caliber. Exterior paintwork in Glacier Silver developed exclusively for the Concept Car gives this unique Coupe the silky-matt glossiness of a sculpture made of solid aluminum. Nineteen-inch aluminum wheels, clearly revealing their three dimensions and finished intentionally in a dark color to contrast with the paint of the car, underline the highly focused and powerful expression conveyed by the Z4 Coupe. Made exclusively for this Concept Car, the wheels are a product of the most elaborate casting technology.

Dynamism for Your Senses: the Interior. Paying great attention – and, indeed, love – to detail, BMW’s color and trim designers have created a unique interior tailored in every respect to the BMW Z4 Coupe Concept. The most modern materials in first-class quality are combined with one another exclusively for this Concept Car, offering features and highlights never seen before. Hence, the sophisticated interior points far into the future of interior design with all its potentials. Like the exterior, the interior of the Z4 Coupe Concept uses contrasts instead of compromises to generate the sensation of dynamism and excitement. The use and combination of materials and colors harmonizes the technical and sporting features of the exterior with soft and harmonious elements within the interior, thus creating a world of peacefulness and tranquility. Matt and glossy surfaces form intentional contrasts intermingling with the numerous solid aluminum units inside the car, extending the technical features and fortes of the Z4 Coupe visibly far into the interior. And at the same time soft, top-quality leather in warm brown colors exudes the feeling of being cocooned within this Ultimate Driving Machine. “Cold” high technology and “warm” coziness – in this case this is not a contradiction in terms, but rather a harmonious blend of supreme qualities. Light and Dark Surfaces Interacting with One Another. Black and colored surfaces clearly distinguish the various function levels from one another, the driver perceiving the black surfaces along the car’s upper sill line as a clear delineation from the exterior at the same time creating a pleasant feeling of safety. The contrasts and brightness of the interior convey a clear signal of open-mindedness and grandeur. An expression of space further enhanced by the arrangement of colors on the dashboard and the interior trim. High-Gloss and Woven Leather as Clear Signs of Tradition and Progress. Silky high-gloss leather and classic, timeless woven leather form an intentional contrast to the almost silky suede leather inside the car. The aluminum pedals and the footwells come complete with inserts made of robust burr leather. We also find the same combinations of top-quality materials within the luggage compartment and in the travel luggage integrated therein.

Aluminum – an Experience in Looks and Touch. Over and above sumptuous leather, the interior is characterized throughout by polished and brushed aluminum components in the trim around the door handle, with the rotary knob for the air conditioning, the pedals and the loading sill on the luggage compartment all milled out of one single block of aluminum. So that these solid aluminum components are a genuine experience not only in their looks, but also in their touch. A Concept Car with a Good Potential for Entering the Market. Designed consistently for the sporting and ambitious driver and conceived for active motoring, the BMW Z4 Coupe Concept Study gives its occupants a direct feeling for the road combined with pure driving pleasure. At the same time the most advanced technologies on the drivetrain, suspension and safety system meet all the demands of even the most discerning coupe customer. And last but certainly not least, the Z4 Coupe Concept offers adequate space and all the motoring comfort and convenience even the enthusiastic aficionado of a thoroughbred sports car would not like to miss these days in a sporting two-seater of this caliber.

2.4 BMW EfficientDynamics. 2.4.1 High Precision Injection is the world’s first direct fuel injec¬tion system offering significant benefits in fuel economy under regular driving conditions. And this technology is based as before on the combustion engine. Despite more than 100 years of evolution, the petrol and diesel en¬gine still offer a great potential for further development – which is why it is the primary objective of BMW’s engineers to capitalize on this potential. And it is why the combustion engine remains the foundation for BMW’s ongoing development, improvement of the engine’s all-round efficiency offering significant benefits under all driving conditions, whereas ancillary sys¬tems often allow improvements only in certain, closely defined and limited areas and only under specific conditions. A further point is that no other drive concept is more suitable than the combustion engine in fulfilling the expectations of BMW’s customers in terms of thrilling per¬formance and efficient dynamics. BMW’s drive units today compete right at the top in the market, offering the highest level of technology confirmed year in and year out by many international prizes and awards. In 2005 alone, for example, six out of ten class wins in the renowned Engine of The Year Awards went to BMW, including the highly prestigious Best Overall Engine of the Year Award. BMW now ignites the next level of technology: Introducing a breakthrough technology for lean direct injection of fuel referred to as High Precision Injection, BMW is setting out to solve the conflict of interests in the next few years bet¬ween sporting performance and superior fuel economy, moving up to a standard of excellence never seen before. Indeed, High Precision In¬jection will save up to 10 per cent fuel in the European test cycle and between 5 and 15 per cent under typical customer driving conditions, depending on the route taken and the driver’s style of motoring, over and above BMW’s VALVETRONIC engines already renowned for their outstanding efficiency. High Precision Injection therefore offers for the first time the full ther¬modynamic potential direct fuel injection is able to provide. So far direct fuel injection systems have not been able in practice to provide the advantages in fuel economy originally anticipated. The first technical solutions were therefore completely unable to fulfill the demands made by BMW’s engineers, which is why in 2001 BMW launched an alternative technology for optimum fuel economy, the company’s throttle-free VALVETRONIC engine load control concept, as a standard technology

featured on BMW cars. Proven hundreds of thousands of times in the meantime and now featured worldwide throughout BMW’s entire range of models, VALVETRONIC has de¬finitely turned out to be a lasting, sustainable solution. At the same time BMW has continued to focus carefully and consist¬ently on the development of direct fuel injection – especially be¬cause it was always known that direct fuel injection had the po¬tential to offer even greater benefits than all alternative technologies. BMW is the first car maker in the world to offer High Precision Injection as a solution appropriate for large-scale pro¬duction saving fuel to an extent in practice simply unparalleled by other technologies. A particularly important new feature is that BMW’s High Precision In¬jection no longer requires a specific flow of fuel and air in the com¬bus¬tion chamber to provide the right mixture. Rather, BMW’s engineers are able to prepare the appropriate mixture by means of a stable, conical configuration of the injection jet entering the combustion chamber, the fuel/air mixture then igniting directly in the area of the injection jet. Pre¬cisely this is why experts refer to this technology as jet-guided direct in¬jection as opposed to air-guided or wall-guided injection. The injection valve, configured as a piezo-injector and positioned in the middle between the valves and the spark plug, also at the centre of the combustion chamber represented a simply insurmountable challenge in the past, since both temperatures and pressure levels were too high, above all within the cylinder head with its confined space. Now the reward for the great efforts made by BMW’s engineers is a very robust combustion process functioning efficiently across a wide operating range and therefore far superior to former solutions in the market. Hence, the engine is now able to run on a lean mixture all the way from idle speed to high revs, maintaining a surplus share of air at all times. And precisely this gives the customer significant benefits in terms of fuel economy, marking the big difference between BMW’s so¬lution and other concepts in the market that allow lean burn operation only within a small “window”. A further advantage is that High Precision Injection does not call for any compromises in the design of the cylinder head and pistons de¬priving the car and the driver of the high level of maximum torque and output so typical of BMW.

Introducing High Precision Injection, BMW is once again demonstrates the Company’s leadership in drive technology – especially because it is BMW’s philosophy not to introduce innovations merely for their own sake, but rather only when such innovations are ap¬propriate for the brand and therefore offer genuine customer bene¬fits. BMW High Precision Injection will be launched on the European markets first. Then, with sulphur-free fuel becoming increasingly available as the essential ingredient for this engine with its NOx catalysts, High Precision Injection will also be introduced on other markets one after the other.

2.4.2 Brake Energy Regeneration and Automatic Start/Stop: Substantial Improvement of Fuel Economy without Forfeiting that Driving Pleasure so Typical of BMW. As an outstanding innovation introduced to enhance engine capabilities, High Pre¬cision Injection makes the largest individual contribution to a substantial improvement of fuel economy. But taken together as a “package”, furth¬er improvements also offer additional, substantial advantages in reduc¬ing fuel consumption. In all, therefore, an improvement of fuel economy by up to 10 per cent in the European test cycle and 5–15 per cent in everyday motoring is quite feasible. One feature to be found with all steps and improvements introduced by BMW is that they will be available on numerous models in good time be¬fore the actual introduction of the self-commitment made by ACEA, the European Association of Automobile Manufacturers, to reduce CO2 emissions to 140 grams/km by the year 2008. So through their overall effect throughout BMW’s entire model range, these improvements are able to make a far greater contribution to fuel economy than the use of an even more sophisticated and elaborate package of technologies on only one model. With this in mind, therefore, BMW’s strategy differs significantly from that of other manufacturers. Particularly important highlights of BMW’s Technology Package are Brake Energy Regeneration and Automatic Engine Start/Stop. Indeed, each of these improvements in itself represents a major step in reduc¬ing fuel consumption in situations where so far a lot of energy has remained unused. Under the definition “Brake Energy Regeneration”, BMW is able to re¬cover energy previously lost as heat on the brake discs by introducing an intelligent alternator control concept. Expressed in simple terms, whenever the driver applies the brakes or just takes his foot off the accelerator, the car’s kinetic energy is converted by the alternator into elec¬trical energy and fed into the battery. Stored in this way, the energy is now once again available in the on-board network for driving purposes. Ultimately, this means that the alternator and, accordingly, the car’s combustion engine are both relieved in part of their workload and the system saves fuel in an intelligent manner. Indeed, this even means extra torque on the wheels when accelerating, since less power has to be fed elsewhere to drive the alternator.

All major components required for this purpose are already in place in a modern car and therefore require only minor modification to capitalize in full on the potential available. Hence, only a minor effort is required to save an amount of fuel that would otherwise require far more elaborate and costly systems. So BMW’s solution is a consistent concept for the fu¬ture not only from an ecological, but also from an economical perspec¬tive. And what makes this approach even more attractive is that it does not in any way deprive the driver of that sheer driving pleasure so typical of the brand. The second major component of BMW’s Technology Package is the Automatic Engine Start/Stop System. Being introduced as “Auto Start/Stop”, this system will automatically switch off the engine as soon as the car comes to a standstill, for example at the traffic lights, in an increasingly large number of models in future. Then, as soon as the driver presses down the clutch or operates the accelerator, the engine starts again automatically. This helps to save a significant amount of fuel particularly in city traffic and under stop-and-go conditions, following the simple philosophy that “the engine should only run when it is really needed”. In a similar way to BMW’s intelligent alternator control for regaining brake energy, the Au¬to¬matic Engine Start/Stop System is based in principle on conventional components. The main difference is that Intelligent Software now serves to link the various sensors, the starter and the alternator control with one another, seeking in this way to make the process of switching off and starting the engine as comfortable and reliable as a BMW cus¬tomer – rightly – expects. Consistently applied, the principle of auto¬matic start/stop management is one of the most efficient technologies there can be in terms of its cost-to-benefit ratio.

2.4.3 BMW Active Hybrid. Presenting the Active Hybrid Technology Concept at the 39th Tokyo Motor Show BMW unveils trendsetting drive technology for efficient dynamics based on a very special concept car: The BMW Concept X3 EfficientDynamics combines intelligent technological solutions based on superior drivetrain, transmission and energy storage components. The transparent side-sill trim, for example, offers the beholder a clear view of the copper-colored electrical energy storage units forming part of the BMW Active Hybrid Concept. The big advantage of this concept is that it enhances both the spon¬taneity and the dynamics of a car on even less fuel than before thanks to the regeneration of energy for an additional electrical drive system. The BMW Concept X3 EfficientDynamics is a breakthrough in tech¬nology clearly showing that the dedicated motorist may by all means still enjoy sheer driving pleasure also in future, combining supreme dynamics with equally supreme fuel economy. Energy Management BMW-Style: Supreme Dynamics on Optimum Fuel Economy. The BMW Group defines “hybridization” as the intelligent management of the flow of energy within the car. A hybrid concept BMW-style must naturally retain features typical of BMW such as dynamic performance combined with the optimum use of fuel, it must be suitable for all pur¬poses, and it must be available for the widest possible range of use within BMW’s model series. Precisely this is the philosophy borne out by the technology featured in the BMW Concept X3 EfficientDynamics, standing out clearly from all other hybrid systems already in place or currently being developed: The core element in the case of BMW’s con¬cept is the Active Transmission operating in conjunction with the most efficient combustion engine and, without requiring any additional space, accommodating both the electric motor and the electronic con¬trol unit. And as a further highlight, the entire system is supplied with energy primarily not by a conventional battery, but rather by high-performance capacitors referred to as Super Caps.

Higher Performance, Lower Emissions. Driving calculations based on the BMW Concept X3 EfficientDynamics serving as a high-tech development vehicle confirm the great advant¬ages that BMW’s concept offers the driver: These calculations show that the car accelerates much faster than a comparable production vehicle of the same kind with a conventional drive, the BMW Concept X3 EfficientDynamics accelerating in approximately 6.7 seconds from 0–100 km/h and reaching a top speed of approximately 235 km/h or 146 mph. This superior performance comes with a further reduc¬tion in fuel consumption and, accordingly, emissions in the European driving cycle by approximately 20 per cent. Intelligent management of the flow of energy, therefore, lifts those virtues so typical of BMW to a new, even more fuel-efficient pinnacle. Engine Technology Both Dynamic and Economical All in One: Six-Cylinders with Jet-Guided Direct Fuel Injection. This synthesis of economy, ecology and driving pleasure is made pos¬sible by the intelligent combination of the combustion engine and the electric motor. The main source of power, reflecting an old and proven BMW tradition, is of course the inline-six BMW engine in its most advanced and sophisticated configuration: a fuel power unit with High Precision Injection, i.e. jet-guided direct fuel injection, ensuring a significant increase in efficiency at higher torque and power over the current generation of power units. And indeed, jet-guided direct fuel injection is not the only special feature, since the six-cylinder will be the first engine completely without V-belts, ancillaries such as the steering servo pump, the brake servo and the air conditioning compressor being driven by their own electric motors. The electrical power generator in the Active Transmission, finally, takes over the conventional functions of the alternator. The Big Advantage of the Electric Motor: Superior Torque Right from the Start. Additional use of an electric motor allows the exploitation of specific phy¬sical benefits: Although an all-electric drive system is inferior to a com¬bustion drive principle, the electric motor nevertheless offers interesting fea¬tures in conjunction with the combustion engine: While the com¬bustion engine, due to its inherent system and underlying technology, is able to develop torque only as of a certain minimum speed, the elec¬tric motor generates its full torque right from the start, that is from standstill. A further advantage is that the electric motor develops a re¬latively high level of torque even at low power, making the electric motor the right kind of drive technology for setting off smoothly and directly, while the combustion engine always requires a clutch to bridge the difference in engine speed to the wheels initially at a standstill be¬fore setting off.

With increasing engine speed, the output of both drive systems in¬creases a long and almost linear curve. The only drawback is that the electric motor required to develop more power also requires a corres¬pondingly greater energy supply, where the weight of bat¬teries or fuel cells quickly reaches practical limits and restrictions. So with BMW’s system the torque generated by the electric motor decreases on an over-proportional curve as soon as the electric motor has reach¬ed maximum output when accelerating. A Powerful Team: Combustion Engine Complete With a Boost Ef¬fect. With all this in mind, one thing was clear to BMW’s development spe¬cialists right from the start: The relative overall benefit of an electric motor is greatest at low running speeds, since it is here that a com¬bustion engine develops only part of its full torque. So instead of work¬ing painstakingly on the torque of the combustion engine, BMW’s engineers were able to develop a concept using an electric motor to boost the overall level of torque. This, in practice, ensures full power right from the start at low speeds. BMW Know-How at Its Best: the Active Transmission. BMW’s development specialists have examined a wide range of pos¬sible combinations bringing together the electric motor and the com¬bustion engine to form one common drive system – and in the process finding a solution most appropriate for BMW: the Active Transmission featured in the BMW Concept X3 EfficientDynamics. Within the same compact dimensions as the automatic transmission otherwise fitted as standard, Active Transmission comprises the six driving gears, the elec¬tric motor together with two clutches, and the car’s complete con¬trol and power electronics. So BMW’s specialists have succeeded in developing a concept housing the complete additional drive system within the space available for the hydraulic torque converter and the converter lock-up clutch, without affecting or enlarging the package in any way. To reach this goal, BMW’s engineers have developed an extremely compact, weight-optimized electrical motor housed on the input shaft leading into the transmission. Laid out for maximum output of 30 kW or 41 bhp, this electric motor offers the advantage of being able to briefly develop maximum output of up to 60 kW or 82 bhp without requiring any additional features or equipment. Clearly, this makes the electric motor most suitable as an additional boosting unit and, at the same time, allows compact dimensions. The synchronous electrical motor inciden¬tally operates at an operating voltage of 100–200 Volt, equal to the usual band¬width of system voltage in the integrated power electronics.

Electric Motor with Two Clutches Replacing the Torque Converter. Positioning the electric motor in the direct flow of power between the combustion engine and the transmission offers another big advantage: First, the electric motor is able to use the usual transmission ratios available; second, it can perform a whole range of different drive func¬tions with different power and torque requirements. One example is that with a conventional automatic transmission a hydraulic torque converter acts as the set-off clutch, the converter increasing engine torque on the first few meters and therefore – in simple terms – feeding more power to the wheels than the engine would actually deliver. Now the compact electric motor is able to provide exactly the same effect. The electric motor on the Active Transmission therefore assumes the space and function of both a torque converter and a lock-up clutch, sup¬plemented in its operation by two oil bath clutch systems: The first set of clutch plates connects the combustion engine with the electric motor, the second links the electric motor with the transmission. Again, the objective is to fit the entire configuration including the power electronics into the transmission housing in terms of both length and diameter, thus being relatively easy to fit in lieu of a conventional BMW automatic transmission. Indeed, this compact design and con¬figuration makes the BMW Active Transmission quite unique in the worldwide development of hybrid drive systems. Bundled Energy: Setting off with the Electric Motor, Accelerating with the Six-Cylinder. The integrated hardware is nevertheless just half of BMW’s Active Hy¬brid concept. The other half lies in the system’s sophisticated operating strategy with its particular know-how. The first point is that the driver is no longer required to start the com¬bustion engine first. Rather, all he has to do is press down the accelerator and the car will start accelerate immediately. In this case the first clutch between the combustion engine and the electric motor is open in the Active Transmission, while the second clutch links the motor and the transmission unit. So the car sets off under electric power, without the slightest noise. Then, once the car has started to move, the first clutch gently engages and the combustion engine will fire. At this point the electric motor also acts as the starter for the combustion engine, the intelligent operating strategy ensuring that the entire process is smooth, comfortable, and free of any jolts.

Up to 600 Newton-Meters (442 lb-ft): The Muscle of a Diesel, the Responsiveness of a Petrol Engine. Given all the features mentioned, the energy strategy of BMW’s trend¬setting Hybrid Concept combines spontaneous power and per¬formance with optimum use of energy: Whenever the driver applies the brakes until the car reaches a standstill, the combustion engine is automatic¬ally switched off, thus not consuming any fuel and not generating any emissions. Then, as soon as the driver presses down the accelerator again, the engine starts again automatically. Should the driver then continue to put his foot down, the 400 Newton-meter (295 lb-ft) electric motor will start initially to accelerate the car with its maximum output of up to 60 kW or 82 hp. When accelerating moderately, the system intention¬ally does without the combustion engine, with the vehicle being driven by the electric motor alone. Hence, the combustion engine will only cut in and drive the car when accelerating faster or when reaching a higher speed on the road. The combustion engine is started at the same time as the electric mo¬tor whenever required for accelerating quickly from a standstill. In this case the torque of the two drive systems is combined at low speeds, developing up to 600 Newton-meters or 442 lb-ft of torque at engine speeds below 1,500 rpm – certainly a new dimension for a petrol engine even exceeding the supreme power and muscle developed by BMW’s three-liter diesel. The electric motor then continues to support the combustion engine up to a speed of approximately 3,000 rpm, when it is either de¬activated without generating any further power or switched to its charge function, depending on the car’s current driving dynamics. More Power in All Six Gears. The Active Transmission Concept not only offers significant advantages when setting off and accelerating, but also serves as an additional “booster” in each of the six automatic transmission gears, since the electric motor is positioned upstream of the transmission and is able to cut in whenever the combustion engine is running at low speeds. With the driver’s commands and power requirements being carefully shared out among the two drive units, the additional power coming from the electric motor is applied only very briefly when accelerating, as under normal driving conditions. Indeed, BMW’s development specialists have determined that in most cases the electric motor is required for only about three seconds to provide significant boost and save a sub¬stantial amount of fuel at the same time.

Driving Dynamics at Its Best: Accelerating Fast, Charging Quickly. A further advantage of these generally short operating periods of the electric motor is that the electric storage system is required to provide only a small amount of energy. And the electrical power supply unit is re-charged immediately after energy has been withdrawn, that is prior to the next power supply process. This is done primarily by switching over the electric motor to the alternator mode above all under applica¬tion of the brakes and with the car in overrun. In this case the system naturally charges not only the high-voltage energy storage unit, but also – via a converter – the conventional 12 V on-board battery. To avoid drag losses, the clutch between the com¬bustion engine and the electric motor opens up in this case, enabling the Active Transmission to immediately re-gain kinetic energy other¬wise simply con¬verted into heat and lost in a conventional car. Being fed back into the system as electrical energy, this power cycle is re¬ferred to by experts as “recuperation”. Truly Unique: Recharging the Electric Power Source Every Time You Press Down the Brake Pedal. Whenever the driver presses down the accelerator to accelerate in stop-and- go traffic, the electrical power supply units are discharged but then re-charged again just as quickly as soon as the driver applies the brakes. It is particularly under such dynamic driving conditions with ongoing, significant changes in load that the fuel consumption of a combustion engine increases significantly. BMW Active Hybrid, in turn, offers the driver two benefits in one in this regard: even greater driving dynamics on a lot less fuel. A further option is to re-charge the energy storage unit whenever re¬quired by raising the load points in the combustion engine: The control strategy of the BMW Active Hybrid Concept is laid out consistently never to deliver more electrical energy than can be re-charged very quickly even under the most unfavorable conditions. In other words, the driver will never experience a loss of power resulting from an empty electrical storage unit. Instead, he can rely on BMW Active Hybrid at all times, knowing that driving conditions will always remain consistently smooth and superior. Optimum Energy Storage for Dynamic Motoring: Super Caps. Whenever looking at electrical energy storage systems, one initially always thinks of batteries. In reality, however, the self-charging battery is most unsuitable for the driving conditions and requirements typically encountered with BMW Active Hybrid, involving very dynamic perform¬ance with fast charging and discharging processes. Particularly this style of motoring and operation calls for the use of energy storage sys¬tems with the highest possible level of power density. And precisely this is where double-layer capacitors also

referred to as Super Caps are absolutely unbeatable in comparison with the electrochemical battery. A Super Cap offers specific power density of approximately 15 kilowatts per kilogram of weight, compared to about 1.3 kW/kg in the case of a nickel/metal hydride battery, meaning that a Super Cap outperforms a self-charging battery in this respect by a factor of more than ten. This superiority is then maintained throughout the usual driving mode, the Super Cap offering a power density of more than 5 kW/kg compared with not even 0.5 kW/kg provided by a battery. So given the same weight, voltage and power supply, a double-layer capacitor offers a level of efficiency of 98 per cent compared with 84 per cent provided by an NiMH battery. Broadside Power: Copper Red Super Caps in the Side-Sills. The Super Caps are clearly visible on the BMW Concept X3 Effi¬cientDynamics, with tubes glowing copper red integrated in transparent side-sills. This point of installation ensures optimum results in terms of the car’s lateral and vertical dynamics as well as the space available. Together with the Active Transmission, the Super Caps represent the key elements of the Concept Car. They are able to take up a very high level of electrical energy within fractions of a second without any losses worth mentioning, delivering that energy just as quickly and efficiently. So far Super Caps have been used above all in wind power systems as maintenance-free energy storage units with an unlimited service life. The Super Caps featured in the X3 Concept Car measure approxi¬mately 50 millimeters or not quite 2.0´´ in diameter and generate an overall capacity of 190 kW. Internal Resistance Reduced to a Minimum: Switching over from Charge to Discharge without the Slightest Loss of Power. The only disadvantage of Super Caps versus the electrochemical bat¬tery is their far lower energy density. However, even this drawback is of only theoretical significance, since the energy density offered by an el¬ectrochemical battery today is generally used only to a very small ex¬tent on account of the battery’s service life: An NiMH battery generates approximately 5 watt-hours per kilogram, as opposed to roughly 4 watt-hours/kg in the case of a Super Cap. Another factor is that batteries have a high level of interior resistance dramatically increasing even further as they are discharged. A high level of interior resistance, however, means substantial loss of energy when charging, with a lot of the energy regained through application of the brakes thus being lost and the charge process lasting longer. The interior resistance of a Super Cap, by contrast, is virtually zero, regardless of the current charge level. In practice this means that the cycle from charging to discharging and back again may be repeated as often as required within a very short time, Super Caps thus offering all the requirements for use in stop-and-go traffic, as already described.

The overall capacity of the Super Caps of 190 kW is quite sufficient also for a car driven very fast and dynam¬ic¬ally. And at the same time the driver is able to drive the car under elec¬tric power alone, for example when parking or maneuvering, Super Caps again providing adequate energy. BMW Hybrid Cars: Fifteen Years of Research and Development. The BMW Group has been working on hybrid drive ever since the early ’90s. In particular, BMW’s specialists have focused on the development of a disc-shaped electric motor suitable for automotive use and now fea¬tured in the X3 Concept Car. Moreover, in 1991, BMW registered an “Electric Transmission” for pa¬tenting, and even built various prototypes. Given the high weight of the batteries and electrical drive components, the system was however not able to meet the great demands made by BMW of an automotive con¬cept suitable for the market and regular use.

Source : http://www.theautochannel.com (10/16/2005)


Red Bull Racing Rocks Shanghai  
- The Longest Season in the History of Formula 1 Came to a Close in Shanghai, China on Sunday Evening as the Red Bull Racing Team Hosted a Full-on End of Season Party

It took 200 people, working round the clock for four days to build a temporary bamboo village as the party venue on the bank of the Huangpu River that runs through the centre of the city. Over sixteen thousand pieces of bamboo were used to create an authentic Chinese feel. F1 drivers, bosses, officials and personnel from all ten teams made up a crowd of fifteen hundred who sauntered up the red carpet to tackle an evening combining the best of old and new China; the old represented by demonstrations of traditional skills such as martial arts, Ming dynasty drumming and calligraphy, the new by the ultra-modern Shanghai skyline.

Then, close to midnight, came the big moment of the evening when the overall winner of the Formula Una Awards 2005 was announced. There were 20 finalists - one from each country that hosted a Formula 1 Grand Prix - plus one Una from Austria, home of Red Bull - who made the trip to Shanghai. The girls were picked for their feisty nature, elegance and humour and their willingness to step into the unknown world of grand prix racing.

To announce the winner Red Bull's Dietrich Mateschitz was joined on stage by several F1 celebrities, including the team's number one driver, David Coulthard. Amazingly, the jury could not reach a unanimous verdict. So, in a fit of generosity, Red Bull Racing decided to award the winning prize to all twenty girls, who will now be going on a once-in-a-lifetime around the world trip.

"I can't believe we are all going together," said Hungary's Kitti Kellemen, speaking on behalf of all the girls. "We have all got to know each other so well over the past few days in Shanghai, that it will make the prize even better sharing it with everyone."

Source : http://www.theautochannel.com (10/16/2005)


Hybrid Bus Transit Now Available in Springfield  
The Pioneer Valley Transit Authority (PVTA) today announced the addition of a hybrid bus to its mass transit fleet. PVTA and the city of Springfield join the growing ranks of communities investing in transit buses powered by General Motors' hybrid technology, which offers greater fuel economy and cleaner emissions than conventional diesel buses.

In a media event today at the future site of the Holyoke Multimodal Transportation Center in Holyoke , Mass. , the PVTA unveiled the bus. On hand for the festivities were Congressman John W. Olver, who was instrumental in securing the funding for the bus, and representatives from the PVTA and General Motors.

"As individuals and as a society we must make a greater effort to promote energy conservation and efficiency," said Congressman Olver. "I am glad to have contributed to a first step in this effort and hope to see many more of these vehicles on the road in the near future."

Transit buses with GM's hybrid propulsion system provide a significant fuel economy improvement over conventional diesel buses, with a range of 25 to 55 percent fuel economy improvement depending on the route and driving conditions.

"The GM diesel-electric drive system for buses uses the most efficient parallel hybrid architecture available in the world today and is manufactured by GM Allison in Indianapolis," said Tom Stephens, group vice president, GM Powertrain. "We think it is an excellent investment for urban transit bus fleets and applaud PVTA for its efforts."

In addition, the hybrid buses provide dramatically lower emissions, including up to 90 percent fewer particulate, hydrocarbon and carbon monoxide emissions. Other benefits include reduced maintenance costs resulting from extended brake, engine oil and transmission oil life superior torque and better acceleration than conventional diesel buses and operation sound levels equal to passenger cars even in tunnels.

"The timing of the introduction of this vehicle to our fleet could not be better," said Gary Shepard, PVTA administrator. "With skyrocketing fuel prices impacting our operating budgets, we are the fortunate beneficiaries of Congressman Olver's dedicated effort to bring this new technology to the Pioneer Valley."

The clean hybrid technology is manufactured by GM Allison Transmission, maker of transmissions and hybrid propulsion systems for commercial trucks, buses, off-highway equipment and military vehicles, headquartered in Indianapolis. Gillig Corp. of Hayward, Calif., manufactured the bus .

The technology in these buses has served as the starting point for GM's co-development with DaimlerChrysler and BMW of a two-mode hybrid system that GM will launch first in the Chevrolet Tahoe and GMC Yukon in 2007.

Source : http://www.theautochannel.com (10/16/2005)


Rookie Angelone Wins SPEED Touring Car Finale at Laguna, Cunningham, Acura Win Championships  
Rookie driver John Angelone, of Bridgewater, N.J., earned the first SCCA Pro Racing SPEED World Challenge Touring Car victory of his career Sunday at the Monterey Sports Car Championships, driving away from the rest of the field in his No. 19 Pit Bull Energy Drink/Stand 21 Audi A4 to win the 26-lap race by 5.214 seconds.

Bob Stretch, of Dallas, Texas led early before finishing second, and Peter Cunningham earned the fourth SPEED World Challenge Drivers' Championship of his career, and secured the SPEED Touring Car Manufacturers' Championship Presented by Racer Magazine for Acura, by finishing third.

Looking more the part of a seasoned veteran than a rookie making just his third start, Angelone blasted his way forward early on, moving to fourth and then systematically overtaking each car ahead of him, sliding past Stretch's No. 98 Wheels America/P5Wheels BMW 325Ci on Lap Eight.

"I knew Bob [Stretch] was going to get a good start, so I just sort of tucked in behind him and the others," Angelone said. "I was patient and just let the field settle out over the first couple of laps. I thank the guys for running well and running cleanly. It was a great race.

"It feels unbelievable, and I want to thank the guys at STaSIS Engineering for putting together the best possible car for me this weekend."

While Angelone, who ran the Urbanracer.com Hot Lap of the Race with a 1:38.357 (81.914 mph) on Lap Three, never let anyone challenge him from there, battles for the rest of the podium, and for season championships, raged on throughout the season finale.

After launching his BMW into the lead off the start and then falling behind Angelone, Stretch appeared to have a comfortable grip on second, but Jeff Altenburg, of Ellicott City, Md., stormed up from behind in his No. 72 Mazdaspeed/Tri-Point Motorsport Mazda 6, literally smoking the track in an effort to pass his Tri-Point teammate Randy Pobst, of Gainesville, Ga. (who was locked in a tight duel with Cunningham's No. 42 A-SPEC/RealTime Racing Acura TSX), Cunningham and Stretch and earn enough points to award the Manufacturers' title to Mazda.

Altenburg made it all the way to Stretch's bumper, but the aggressive run, spread over several laps, finally caught up to the left rear tire on Altenburg's Mazda, which gave out after being flat-spotted on Lap 24 and ended his day.

"With the real-wheel drive BMW, it wasn't overly difficult to get a good start on the front-wheel drive cars," said Stretch, who matched his career-best finish. "The car felt good, and so I went for it. Yeah, everything went okay out there for a while, but then I saw the Audi and he got by."

Cunningham, of West Bend, Wis., fought the Tri-Point Mazdas on his own for much of the race, but got some relief in the form of rookie teammate Brandon Davis, of Denver, Colo., who came up late to pester Pobst.

With Pobst occupied, Cunningham was able to sprint through the final few laps to earn the final podium spot.

The finish wrapped up Cunningham's fourth SPEED World Challenge Drivers' Championship, this one by a 263-248 tally over Pobst, and earned the Manufacturers' title for Acura over Mazda, 77-73.

"Well, it definitely was not easy, it was really taxing and the race just refused to be over," Cunningham said. "First, it was Randy pressuring me, sometimes I'd get a gap and then he'd be right back on me. Then Jeff came from behind Randy. He was able to get by Randy and then came right up to me.

"In the end, when Jeff had his flat tire, that was just bad luck. That removed one of the Mazdas out of the equation, but Randy was still right there. But then my teammate, Brandon, he was the team guy for the RealTime team today. He filled up Randy's mirrors and that gave me a little bit of breathing room, so I owe him a lot of credit."

When the race ended, Pobst held off Davis to finish fourth.

Manny Matz, of Somers, N.Y., won the B&M Holeshot Award for advancing nine positions on the first lap after starting 34th.

Jim Osborn, of Ooltewah, Tenn., won the Sunoco Hard Charger Award for advancing 21 positions to finish 17th after starting 38th.

The final point standings had Cunningham with 263, Pobst trailing with 248 and then Pierre Kleinubing (243), Brandon Davis (202) and Eric Curran (199).

Source : http://www.theautochannel.com (10/16/2005)


Africa's New Wabenzi Tribe (Benz People)  
It's not everyday I get to bring you political news, but today is a rare exception. While browsing AllAfrica.com today, I found an interesting story detailing what may be one of Africa's largest problems (more on that at the end of the story).

According to the story, it seems that many of Africa's political leaders are infatuated with the Mercedes-Benz brand (we can understand this infatuation; we are, after all, a website dedicated entirely to Mercedes). This infatuation is well documented among the African people - musicians have written songs about it; the masses have written folk tales about it. The African people have even bestowed a title on their political leaders: the "WaBenzi!," or the Benz people. In short, Mercedes has become one of Africa's largest status symbols.

Up to this point, you're probably not surprised about anything in the story. Who cares if Mercedes is a status symbol in Africa; it's a status symbol in America as well, right? But what we failed to mention is that out of the countries and political leaders that have a fondness for Mercedes, most are dependent on donor funding.

In other words, the political leaders are using money lent to them by other countries to purchase their Mercedes. This is, at least in my opinion, one of the largest mistakes the government can make.

The purpose of a government is to protect the people and help the people in times of need. I've never been to Africa, but I constantly hear stories of people in Africa starving, suffering from widespread disease, facing poverty... the list could go on and on. Why then, when other countries try to lend their support to Africa, do the political officials take that money and piss it away on luxury vehicles? I'm entirely supportive of Mercedes, but as the government of an impoverished country, purchasing a luxury vehicle should be far from the top on your list of necessities.

But before I end, the story did go on to point out that at least some African leaders are seeing the error of their ways. Rwanda, in an effort to free public expenditures, recently impounded 1,000 vehicles and placed them up for sale at auction. Burundi's new president, Pierre Nkurunziza, recently followed suit and chose to sell some of his countries vehicles as well.

I'm not a politician, so I'm not going to bore you with any more of my political views. In closing, I'd just like to point out that I'm glad to see that at least some of Africa's political leaders understand the role of the government. And to any other African political leaders reading this, get your head out of your asses, take an example from these two countries, and quit wasting your country's resources.

Source : http://www.theautochannel.com (10/16/2005)


NASCAR : Five Fords Post Top-10 Finishes At Charlotte  
MARK MARTIN - No. 6 Viagra Taurus (Finished 5th) - "I really hate it. This car was capable of contending for the win, but we just struggled all night long. Everytime we turned around. We had problems on pit road and just about crashed on pit road. Everytime we turned around we'd just about get there in position where we could go race for it and then we'd have a major setback - not a major setback but go back to 10th or 12th. These guys have given me a golden opportunity here. I hate we didn't do more with it, but it's good to get a top five. That's what you need to do and maybe we can win some more of them." SOME GUYS SAID THEY RAN 85-90 PERCENT. HOW ABOUT YOU? "We did what we needed to do. We made it to the end, but we finally figured out you couldn't go more than 20 laps without a caution anyway. I don't think everybody was running eight-tenths at the end there." LAST WEEK YOU DIDN'T THINK YOU HAD A CHANCE AT THE TITLE, BUT YOU'RE ONLY 50-60 POINTS OUT HALFWAY THROUGH. "Well, it's a step at a time. You don't go from 113 back to having a shot at it. We got a little closer. I wish we could have done more. I swear we had a car that could contend for that win, but it was good enough to come back from 10th or 12th several times. It was tough passing out there, so it was a good run for us. I really want to thank Pat and all our guys for giving me this opportunity." WHAT A BIZARRE RACE. "Yes it was. We had a great run. I guess fifth is a great finish, but it's a little bit disappointing with the car that we had. It was a contender and everytime we'd get in position where we might be able to go up and challenge we'd have a setback. We had a number of problems and had to come back from 10th or 12th everytime we turned around. It was a great car and a great effort, so I'm really proud of this race team. They're giving me a shot at it."

KURT BUSCH - No. 97 IRWIN/Sharpie Taurus (Finished 2nd) - "It feels good. We didn't have anything really out of the ordinary happen to us. It was a nice, solid day. We lost some spots. When everybody decided to use the high groove I was like, 'Where are they going?' So they went to the front and we learned that. After that we just played our strategy to only race hard when we had to and that was towards the end to gain that track position. Then two tires or four, I wasn't sure, but Jimmy Fennig, I stick with my crew chief all the time and it was a great run for our Irwin Industrial Tools Ford. We race the 48 like that here. It's his home track. He runs hard. Chad Knaus has had problems getting through tech lately we'll see if he gets through today."

CARL EDWARDS - No. 99 Scotts Taurus (Finished 10th) - "To make it into the top 10 was OK, but we had a better car than that. We were just too tight and just destroying the tires. Even though we were tight, the right rear was just gone every run. I don't know what we can do differently. This was just a survival race. I'm glad we made it out of it." DID YOU JUST THROTTLE BACK AND DRIVE DEFENSIVELY ALL NIGHT? "Extremely. I don't think I ran one lap as hard as I could. That's just the way we had to race." HOW DO YOU FEEL ABOUT YOUR POSITION? YOU GAINED QUITE A FEW POINTS ON FIRST PLACE TONIGHT. "That's awesome. We needed Tony to have that one bad night like that, so it's gonna be a heck of a tight battle. If we can come out of Martinsville with another top 10 that will be another one in the back, but it's OK." YOU LIKE TO OFTEN SAY RACING IS A BLAST, BUT WAS THAT A BLAST TONIGHT? "This was not a lot of fun to be honest with you. It just isn't. You're risking your best car and a good headache. You're just trying to make it for 330 laps."

KEVIN LEPAGE - No. 66 Peak Fitness Taurus (Finished 21st) - "Coming from four laps down this was just a great day for the Peak Fitness guys. Greg and all the guys did a great job just working on this race car. We had a couple of tire issues early and just got us down a couple of laps. We kept working on it and got the lucky dog and just rode around. To come out 21st, I think this is the best finish of the year for this team. We were hoping for a top 20, but we were just a little too tight there at the end. We had to tighten the car up because the right-rear was showing loose and burning the tire up. We had little vibrations that we didn't know what was going on, so we just came in. I hate it that I'm not going to Martinsville. We're going for a pole at Atlanta, but I'm disappointed we're not going to be there next week. But these guys are awesome. Four great races. Four great qualifying efforts and finally a decent finish after our qualifying efforts."

RICKY RUDD - No. 21 Motorcraft Genuine Parts Taurus (Finished 9th) - "We just had a real tight race car when we started. We had to come from a long way back. Our tire strategy was to put on four all night, whereas a lot of guys got temporary track position by putting on two. We did that right at the end. I think we came in like seventh or 10th and came out with the lead. We were sitting pretty decent on the restart and I guess Nemechek got up on the outside of me, but then I didn't know that the 48 car ran into us. I just thought I blew a left-rear tire and I pulled out of the way and was coming into the pits. Then Dave said, 'Hey, the 48 got into you.' When he said that I was already down here in three limping on the apron, so then I had to take off and go again. I thought for sure I blew a tire. I had no idea he got into me. But it was a good, solid run. I'm a little disappointed."

ELLIOTT SADLER - No. 38 M&M's Taurus (Finished 27th) - "It was a wild night. This was by far the best car I've had in seven years of racing in the NEXTEL Cup Series. Again, Doug Yates and the engine shop gave us some great horsepower and the car was just unbelievable. I was just trying to run around seventy percent all night, take care of my tires, not abuse them by running too hard. It's unfortunate, you try to race other cars like you want to be raced and to get taken out by a lapped car is disappointing." WHAT ARE THEY GOING TO HAVE TO DO ABOUT THE TIRES? "I think they are just going to have to bring back a harder tire, maybe like the tire we run at Texas. We're just going too fast around here. The speeds are too much for this tire. In the start of the race, I wanted to run hard through one and two to get my five bonus points by leading a lap but it just abused the tire too much to run a hundred percent. Our tires looked pretty good all night but we just had to be really careful with them."

POST-RACE PRESS CONFERENCES

GREG BIFFLE - No. 16 National Guard/Subway Taurus - "It was kind of a different night. This is the first kind of racing I've done like this. It's sort of like restrictor plate racing where you just kind of hang out and wait. That's what we did. We waited around and drove our car 75-80 percent. I had an ultra-fast race car. There at the end running 28.60s, that was unbelievable how fast the thing would go. We just didn't need that last caution. I was really coming on Kurt and the 48 and felt like I had a good enough car to get by maybe one or both of them, but we had a lot of cautions tonight. It was just unfortunate that sucker had to come out the end. I thought we had a good run making ground forward and just kind of ran out of time. It seems weird you drive 80 percent all night and then when you do run 100 percent you run out of time. It's kind of ironic, but it was a good night for us overall. Third place, we can't complain. Second last week, third this week."

KURT BUSCH - No. 97 IRWIN Taurus - "I was just rolling through most of the night worried about which tire was gonna blow out - the right-front or right-rear. We just had to set a pace. We had a good game plan and at the end we saw the yellows start to come towards our direction of strategy, whether it was two tires or four tires. The time when we made up the most distance tonight was when we were on two tires, but then when we took that right-rear off it had about 18 blisters on it, so it was a tough night to know when to go hard. We did that when we needed to and I thought it all turned out well. We just came up a bit short racing Jimmie Johnson, but he's strong here. He's the guy to beat. It's like when we go to Bristol we have fun just racing hard and that's the way you'd like every race to end up - 500 miles of strategy and then to have a shot at the win."

GREG BIFFLE CONTINUED -- SHOULD THE NEW MOTTO BE ARRIVE ALIVE? SO MANY PEOPLE WRECKED TONIGHT IT WAS LIKE SURVIVAL OF THE FITTEST. "I have to tell you that a lot of us were concerned about the speed of the race track and all that jazz. I think, to be perfectly honest and you can ask Kurt, I think he'll agree, the racing itself was pretty good or it could have been pretty good if we could have drove like we normally drive. Like there at the end when we were running flat out, if we could run like that and if the tire wouldn't have blistered, I think it would have been a good race. It's like one of those new race tracks where the things got a ton of grip and then it breaks loose like it did on the 20, the 38. It did to me twice, I almost crashed. Kurt was right behind me. I had to gather it back up and he gave me room to get that done, but, other than that, I think it was pretty good racing. We could run side-by-side a little bit and top and bottom groove, but the tire was a problem. We just couldn't keep the gas down. We had to baby-foot the throttle and lift early and just kind of run it medium to not abuse the right-rear tire. For us it was the right-rear we were having problems with. If the tire issue wasn't there, I'm not complaining about the race track at all. I think it put on a good race, really."

KURT BUSCH CONTINUED - "I'll just add a couple comments. I'm looking at a black-and-white picture of probably when the track began existence in the sixties when asphalt was coming up and tearing apart everybody's radiator. There are some days when you just put that mindset and go. 'Well, I've got to survive today. I don't have to race hard until it's time and if my radiator is still in it and if my right side is still pretty straight and I'm in position I'm gonna go for the win at the end,' and today we were pretty close."

GREG BIFFLE CONTINUED -- DID YOU FEEL THE CHASE WAS GETTING AWAY? IS IT A NEW CHASE? "You've got to be confident and I felt like I was gonna be able to make up the 88-point deficit, I really did. I know we run good at Atlanta. I know we run good at Phoenix. I know that I won at Homestead last year. I won at Texas earlier. So I knew 88 points with four or five races anything can happen. I was being optimistic. I was trying to be excited about being able to catch him. Of course there is doubt when you see him leading or he qualifies third. Of course it's a big deal, but it seems like it's getting closer."

KURT BUSCH CONTINUED - DO YOU STILL HAVE SOME HOPE IN THIS THING? "We've got some hope because we didn't have a blowout tonight and we dodged some wrecks and ended up with an OK finish. That's the first chase race where you could say nothing went wrong, so it gives us optimism about the next few. We hate to see guys have trouble, especially Tony. There are guys like Biffle that we still have to race against, Mark, Kenseth. After Talladega, we survived and finished eighth and I asked my fiancé, 'Where did we jump up in points?' She looked at me and laughed because we were still 10th and we were still about 200 out. So we're now 140. It's still a long ways to go. We just still have to do our job and hope for some good fortune for our own team."

Source : http://www.theautochannel.com (10/16/2005)


Domestic car sales up 9.8 per cent in September  
New Delhi, India's domestic passenger car sales rose 9.8 per cent on year in September, an industry body said on Friday.

The Society of Indian Automobile Manufacturers (SIAM) said 77,411 passenger cars were sold in the past month compared with 70,507 units in September 2004.

Sales of commercial vehicles, such as buses and trucks, rose 14.3 percent at 31,737 units in September.

Motorcycle sales in the world's biggest bike market after China surged 26 per cent to 538,889 units in the past month as festival buying and discounts perked up demand.

Source : Indian Express (Online Edition) (10/14/2005)


Ford's Fields and Stevens Call for New Roadmap, Innovation to;;Drive Auto Industry to the Future  
The automotive industry needs to quickly develop a new roadmap and press harder for innovation to connect the industry's greatpast with the needs of tomorrow, two Ford Motor Company executives told industry leaders at this weekend's "Global LeadershipConference at The Greenbrier."

Mark Fields, Ford executive vice president and president of the Americas, and Anne Stevens, newly appointed Ford executivevice president and chief operating officer of the Americas, made the comments as part of keynote addresses at the Society of Automotive Engineers' prestigious industry conference, attended annually by automakers, suppliers and business leaders.

"The auto industry events of the past week prove that the roadmaps our companies followed for 100 years are no longer valid,"Fields said. "Business models have changed. Consumers and markets have changed. We have to change, too. From now on, onlythose automakers and supplier companies that find new ways to work together -- and strike down some new, uncharted paths --are going to survive."

Fields said the auto industry faces seven specific and serious challenges: * Globalization is bringing more competition to the U.S. * The "balance of power" in the industry has shifted with China and India emerging as top markets * Market dynamics are changing, causing intense competition in every part of the market * Customers are becoming even more demanding * Customers' views of their automobiles are changing faster than ever, with cars increasingly becoming an expression of who people are rather than mere transportation * Legislative pressure is increasing * Oil production is peaking, and concern for the environment is growing.

"We must grapple with all seven of these challenges," Fields said. "Guts, grit and new ideas will be the key to winning inthe automotive game today."

At Ford, Fields says, the team is using the best lessons from around the world to develop the roadmap and innovation for thefuture. Personally, Fields says, he is bringing the lessons he learned from 10 years outside the United States -- at Mazdain Japan and in Europe running the Premier Automotive Group and Ford of Europe -- to his new role leading Ford's Americanoperations.

"The task is to fix the business and then seek competitive advantage through innovation," Fields said. "All actions in NorthAmerica are going to be fast, focused and fundamental. We will jettison excess bureaucratic baggage. We will break constraints. And we will make firm decisions.

"We are poised to win because we have a group of leaders who will not tolerate failure," Fields continues. "It's going tobe uncomfortable but exhilarating at Ford Motor Company in the months ahead."

Newly appointed as Ford's chief operating officer in the Americas, Stevens outlined the critical role of innovation in movingthe auto industry forward. With its expansive scientific and technical knowledge, the auto industry has the opportunity tobe the first generation to actually give back to the planet, she explains. Ford's Escape Hybrid and Mariner Hybrid, alongwith the lean, green and flexible Ford Rouge Plant, are examples of the confident first steps Ford has taken toward this goal.

"Innovation is at the heart of American progress, and it is right up there with 'individual rights' and 'liberty' as attitudesthat literally put this country on the map," Stevens said.

Additional steps need to be taken by all automakers in areas such as alternative fuels, biodiesel, fuel cells and hydrogenpowered vehicles, she said. The industry can accomplish the goals in a timely and orderly fashion by using "good old Americaninnovation."

But getting innovations off the ground requires engineers to breathe new life into new ideas. Stevens expressed concern that,with the declining number of students studying science and engineering, the future of the U.S. auto industry runs the riskof being completely dependent on engineering knowledge residing abroad. The building blocks of the auto industry are erodingat a time when such nations as China are gathering strength, she said, pointing to the fact that:

* Fewer students are studying science and engineering. Enrollment in first-year engineering programs is down more than 5 percent since 2002. * Electrical engineering is starting to decline, as well. Computer science is even more alarming -- with enrollment for first-year students off 31 percent from 2001. * China is graduating five times the number of engineers this year as in the U.S. -- and graduating an equal number of PhDs. * In the U.S., foreign nationals earned more than 50 percent of master's degrees in engineering and 63 percent of PhDs. * Less than 20 percent of graduate engineering students in the U.S. are women, and only 10 percent of the engineering workforce is female.This makes it the most segregated of all professions in the U.S. today.

"This does not bode well for the manufacturing base in the United States -- and that means us," Stevens said. "If Americais to maintain its manufacturing know-how, we must fill that engineering pipeline. We cannot afford to be slow to marketbecause of an insufficient engineering base at home.

"We at Ford urge the entire auto industry to join together encourage our young people to pursue the studies that will preparethem to become our future colleagues. We need these engineers of the future if we intend to continue the spirit of Americaninnovation that created our industry itself."

Source : http://www.theautochannel.com (10/16/2005)


DaimlerChrysler to Start Selling Diesel-Powered Autos inJapan Next Year  
The AP reported that German automaker DaimlerChrysler AG plans to start selling diesel-powered passenger vehicles in Japan next year amid concerns about rising gasoline prices in a country that imports nearly all its oil, a news report said Saturday.

DaimlerChrysler stopped selling diesel models in Japan in 2002 but will resume sales in the fall of 2006, possibly with versions of the Mercedes C- and E-Class luxury sedans, the Nihon Keizai newspaper reported, without saying where it got its information.

The diesel vehicles will cost about 200,000 yen to 400,000 yen ($1,750 to $3,500) more than respective gasoline-powered models, giving them a markup similar to that for hybrid gasoline-electric vehicles, the report said.

Officials at DaimlerChrysler in Japan were unavailable for comment Saturday.

Diesel-powered cars are more fuel efficient than gasoline-powered ones but are less popular because they emit more particulate matter and other pollutants in their exhaust. While sales of diesel cars are growing sharply in Europe, they accounted for only 0.1 percent of the passenger cars sold in Japan in 2002, the newspaper said.

Gasoline prices have skyrocketed in Japan in recent months. The country is especially sensitive to overseas disruptions such as hurricanes in the Gulf of Mexico because it imports nearly all its oil.

Automakers including DaimlerChrysler have been working on ways to make diesel-powered cars more environmentally friendly.

Source : http://www.theautochannel.com (10/16/2005)


`Automobile industry must take advantage of infrastructure development'  
THE Managing Director of Tata Motors Ltd, Mr Ravi Kant, has said that automobile industry should take full advantage of the infrastructure development happening in the country.

Inaugurating the golden jubilee celebrations of Arvind Motors Pvt Ltd - a dealership of Tata commercial vehicles - Mr Kant said the country had been witnessing progress in road infrastructure development in the last three years.

Stating that infrastructure development will lead to a whole paradigm shift in the next five to seven years in the country, he urged the automobile industry to take full advantage of this development.

Automobile dealers should reach out to even those who have not been exposed to or connected with the kind of vehicles that dealers sell, he said.

Stating that the growth in the past was at a certain level, he said, "We are now reaching the second phase. Let us look to the future with much greater fervour and greater optimism."

Mr Sham Mani, Vice-President (Sales and Marketing), Tata Motors, released the golden jubilee souvenir on the occasion.

Mr A. Kishore Rao, Managing Director of Arvind Motors, presided over the function.

Source : Business Line (Online Edition) (10/17/2005)


Automobile sector needs more investments  
Chennai, The Indian automobile industry needs more investments, particularly in the component manufacturing sector, to meet increasing global competition, Dr V Krishnamurthy, Chairman of the National Manufacuring Competitiveness Council, said here today.

He told reporters here that the global automobile industry had started taking note of India's capabilities. In this context, the country should start innovations in designing automobiles. With an abundant number of personnel in the knowledge industry, the country needed investment on 'human capital' to compete effectively in the global market, he said.

Expressing concern over the slow growth in the commercial vehicle sector, he said more emphasis should be placed on the public transport system, which has a major role to play, as there has been an improvement in road infrastructure.

Endorsing Krishnamurthy's view, R Seshasayee, Managing director, Ashok Leyland, said public transport had an effective role to play, in view of increasing fuel prices.

He suggested a separate lane for public transport in National Highways, like in London. This would lead to faster movement of vehicles, he added.

Source : chennaionline.com (10/13/2005)


ACMA: Showing the way ahead  
Last year, the Auto Component Manufacturers Association (ACMA) roped in McKinsey & Co., to give the industry an insight into the yet to be tapped potential that exists for the Indian auto component sector, globally. McKinsey presented, during the ACMA’s 44th Annual Session, the ‘Vision 2015,’ a visionary document which has led to much excitement and enthusiasm among the Indian auto industry. That was last year. This year, taking things forward, the theme for ACMA’s annual convention centered on ‘Turning Vision into Reality.’

The day-long session, in addition to highlighting the achievements of the Indian component industry in the past one year, brought to the fore, the issues, challenges, and threats which are a concern for the Vision 2015.

Present on the occasion was Priyadarshi Thakur, Secretary to the Ministry of heavy industry and public enterprises, who expressed the government’s commitment to the industry, in helping it achieve the aforesaid vision. Thakur said the National Manufacturing Council set up by the government is a step towards recognizing and acknowledging the immense potential the Indian auto component industry offers. He said the Council has clearly identified several challenges facing the industry and has established a ‘Task Force’ to identify and provide assistance to help this sector meet those challenges.

For one, the Indian component industry has been voicing its concern regarding the anomalies in the duty structure, and high raw material prices, which has put the industry at a disadvantage position vis-à-vis competitors. Thakur assured the industry association that the government is aware of the need to offer the industry, a level playing field with its foreign counterparts, especially in the light of the various preferential and free trade agreements being signed with other countries.

In his inaugural address to delegates, Deep Kapuria, President, ACMA, besides highlighting the milestones achieved by the auto industry, also made a mention of worrying issues like rising oil prices. He, however, was of the opinion that these factors should be seen as warning signals, which the industry needs to take cognizance of, instead of looking upon those factors as a trend reversal. Kapuria was happy about the fact that the half billion dollars invested in the Indian auto component sector last year, accounted for 6.7 percent of the total investment of 8.6 billion dollars invested in the overall manufacturing sector. He opined that if the auto industry continues to grow at a normal rate, domestic demand could triple, and the industry would be able to achieve the US$18-20 billion mark by 2015. ‘Other countries are clearly noticing India as a nation with a stable business environment, which is ready to integrate with a global supply chain,’ said Kapuria. He said that the Indian auto component industry had a very definite vision, but in addition to its own efforts, it still required favourable policies from the government, in order to grow. He urged the government to ensure that the tariffs applied in India encouraged value addition. He suggested a total ban on second-hand and re-manufactured products and asked for the government’s support in creating a market without boundaries within India.

Ravi Kant, MD, Tata Motors, focused on India’s network of roads and highways, and expressed that that’s going to have a multiplier effect on the penetration of commercial vehicles. Ravi Kant said that efforts in establishing the ‘Made in India’ brand in international markets, where there is intense competition, would be an important part of spurring the growth and development of the Indian auto component sector. He added that in order to compete effectively, Indian auto component players would be required to address key attributes like technology, quality and cost advantage.

Y C Deveshwar, President, CII, presented excerpts of a case study of his own company, the ITC group, on how to convert rural challenges into opportunities. He spoke about the impact of ‘e-choupals’ organized by his company and how the industry can emulate the ITC group towards fulfilling their corporate social responsibilities.

One of the chief guests at the Convention was Professor Shoji Shiba, 2002 Deming Award winner. The Professor related his experiences of having turned around several American and European companies, through his unique management philosophy. He also spoke of several global corporate leaders who’ve had a profound influence on him. He made a slide presentation on what it takes to achieve breakthroughs through visionary leadership, such as creating influence through symbols and role models, forecasting the future and taking fast action, and contributing to the society.

Towards the end of the session, Tobias Hagenmeyer, Chairman, Getrag Group, shared his thoughts on achieving and sustaining growth, from his own experiences at Getrag. Some of the key focus areas of his presentation included corporate culture, giving priority to the people within the group and creating an environment of trust where employees would contribute their heart and soul for the enterprise.

A K Taneja, VP, ACMA, spoke about some of the key issues facing the industry. One of these was the creation of more special economic zones, based on the model which countries like China and Thailand have followed. He stressed on the need to have these zones in key industrial centres, instead of having them in far-flung areas. The former, he said, is the only way to attract superior managerial and engineering talent. Taneja was of the view that it’s important to have a conducive SEZ policy that facilitates the relocation of capacities from high cost to low cost countries. Talking about the non-availability of requisite talent, he said, ‘We keep hearing about the abundance of manpower and qualified graduates, which India offers. Yet, I do not know of a single company that is not suffering from the problem of non-availability of appropriate talent. In addition to this, retaining of talent is another challenge, as we are not a glamorous industry like IT or ITES.’

Finally, ACMA also recognized its member companies for excellence in exports, quality, productivity, technology and manufacturing, through its Awards for 2004-05.

Source : automonitor.co.in (10/17/2005)


Motorcar Parts of America, Inc. Announces First QuarterFiscal Year 2006 Results  
Motorcar Parts of America, Inc. ("MPA") , a leading provider of remanufactured alternators and starters for the automotive aftermarket, announced today financialresults for the first quarter of fiscal 2006.

Selwyn Joffe, MPA's Chairman, President and CEO, said, "This quarter has been a significant one in which a number of veryimportant initiatives have been pursued. We have continued to make meaningful progress in addressing and resolving the SEC's inquiry concerning our previously filed public reports and have now filed our most recent current report. In addition, wehave launched a new remanufacturing facility in northern Mexico, which presently has approximately 250 employees and is operatingat its targeted goals. We also solidified our entry into the professional installer market with our long-term exclusive contractwith one of the largest automobile companies. In conjunction with this contract, the Company has further extended its logisticfootprint to service the professional market nationally with the opening in the first quarter of a state-of-the-art 'single-pick'distribution facility in Nashville, Tennessee, and the opening this month of a fee-based distribution facility in New Jersey.Importantly, the anticipated revenues from this long- term contract will help diversify our existing customer concentrationand secure further market share in our category. Despite the impact on liquidity and reported earnings in the short term,I am confident these initiatives strategically position MPA to be the leader in the industry."

"The correction of our accounting policies and the related restatements of our financial results has been a major undertaking,and we have worked diligently with our independent auditors to resolve our accounting issues," commented Mr. Joffe. "We believethat we have completed this process and are now positioned to devote our full attention to executing our business strategies."

Revenues for the quarter ending June 30, 2005 were $20.9 million, compared to $21.2 million in the same quarter last year.Revenues in the first quarter of fiscal 2006 were adversely impacted by $5.7 million of marketing allowances compared to $3.1million in the first quarter of the prior year. Gross profit was $3.5 million as compared to $4.2 million in the first quarterof fiscal 2005. Gross profit was negatively impacted by the increase in marketing allowances referred to above and by startup costs associated with the opening of the new distribution center in Nashville, Tennessee and the opening of the Company'snew production facility in Mexico.

Operating loss for the first quarter of fiscal 2006 was $1.7 million, compared to operating income of $784,000 in the same quarter last year. Operating expenses in the quarter reflected approximately $850,000 in consulting fees related to the reviewand the restatement of financial results and indemnification expenses for a former officer of the Company, both of which areexpected to decline substantially in the near-term. Net loss and loss per share for the first quarter of fiscal 2006 were$1.3 million and $0.16 per basic share, versus net income and earnings per share of $265,000 and $0.03 per basic and dilutedshare for the same quarter last fiscal year.

"During this period, we expanded our production significantly to support the contract with one of the largest global automobilemanufacturers targeted to the professional installer segment," said Joffe. "The costs to support this new contract negativelyimpacted our operating income and cash flows during the quarter. We believe that the underlying margins and operating metricsof our business remain very healthy. While this 'all makes, all models' program has not fully launched, we expect to experienceincreased shipping volume over the balance of fiscal 2006 and see this program as a significant future growth opportunityfor MPA."

In June 2005, MPA commenced production at its facility in Mexico and operations continue to ramp up. Production at the Malaysiafacility has also increased. During the quarter ended June 30, 2005, units produced outside the United States accounted for 14.8% of total production, compared with 10.7% in the same quarter last year. In total, these facilities are on target tocontribute approximately 45% of total production by March 31, 2006.

"We are very pleased with the progress of the new manufacturing facility in Mexico and have been steadily increasing unitoutput each month. During the first quarter we experienced a negative margin impact due to start-up expenses. However, weexpect this facility to have a favorable impact on our cost structure towards the 2006 fiscal year end as we scale up production,"said Joffe.

Financial Condition

As of June 30, 2005, the Company reported cash used in operating activities of $4.0 million. The cash balance totaled $645,000and working capital was $40.1 million. Shareholders' equity was $45.9 million. While the Company had no bank debt outstanding at quarter end, it did have outstanding bank debt of $6.8 million at September 30, 2005.

"The significant growth in inventory to support our expanded customer relationships, combined with increased marketing allowances,the launch of new remanufacturing and warehouse facilities, contributed to a reduction in our cash balance during the period.We expect to return to positive cash flow from operations in the second half of fiscal 2006, as we complete the inventorybuild to support our expanded business. We believe our available line of credit will provide sufficient financial resourcesto finance our growth and meet our working capital needs over the next twelve months," Joffe commented.

Business Outlook

"While the industry experienced softer than expected demand during the first quarter, we were able to continue to grow ourshare in an extremely competitive market. We expect to achieve another year of revenue growth during Fiscal 2006, followingthe 19% revenue growth reported in Fiscal 2005," Mr. Joffe concluded.

Restatement of Financial Statements

The financial statements contained in this release have been restated to correct an error in the calculation of core costsfor purposes of determining the value of unreturned cores. The Company's prior method of valuing unreturned cores was basedupon the weighted average cost of the cores in its total inventory. The Company has concluded that the valuation should insteadbe based upon the current standard cost for the cores being invoiced and returned during the preceding twelve months.

Source : http://www.theautochannel.com (10/16/2005)


First-Ever Automotive Internet Roundtable  
J.D. Power and Associates, one of the nation's foremost marketing information services firms, will host an Automotive Internet Roundtable in partnership with Jumpstart Automotive Media, Inc. November 1-3 at Caesar's Palace in Las Vegas.

Held concurrently with the SEMA automotive specialty products trade show, the Automotive Internet Roundtable will address all aspects of online advertising for automotive marketers. This one-of-a-kind event for the auto industry is expected to attract senior representation from each of the leading automotive research sites, automotive manufacturers and their advertising agencies, most of the nation's top dealership groups, as well as the technology, marketing and services firms that support the automotive Internet industry.

"While most Internet media conferences are general in nature and don't focus on the specifics of how the new technologies benefit the auto industry, this event will address the specific automotive opportunities with rich media, behavioral targeting, search, local search and broadband marketing," said Charlie Vogelheim, vice president of automotive development at J.D. Power and Associates.

The Nov. 2 programming is focused largely on the needs of auto dealers while the Nov. 3 sessions are focused on the needs of auto manufacturers. Scheduled speakers include Curt Hecht, chief digital officer of GM Planworks Chip Perry, chief executive officer of AutoTrader Mitch Golub, president of Cars.com and Nick Pahade, executive vice president of Beyond Interactive (VW).

"J.D. Power and Associates is the gold standard for every type of research related to the automotive industry and is uniquely positioned to move the discussion of how, where, when, and why the auto industry uses the Internet to reach potential buyers," said Mitch Lowe, chief executive officer of Jumpstart. "Participants of this conference will be better informed and armed with new tactics to increase their online share of vehicle buyers."

In addition to co-host Jumpstart, sponsors of the roundtable are Yahoo! Autos, Autobytel, Dealix (a division of Cobalt Group), Kelley Blue Book, CNET and Google.

Source : http://www.theautochannel.com (10/16/2005)


Financial investors cut share stake in Volkswagen  
Two U.S. financial investors, Brandes and Capital Group, have lowered their stakes in the voting shares of German automaker Volkswagen as luxury car maker Porsche has upped its ownership.

Investor Brandes Investment Partners, from San Diego, California, cut its stake to 8.58 percent on September 30, Volkswagen reported in a financial advertisement in Germany's Boerse Zeitung on Saturday.

Brandes had held about a 10.7 percent stake in Volkswagen for more than a year.

Los Angeles-based Capital Group Companies reduced its stake on October 4 to under 5 percent and now holds 3.5 percent of Volkswagen's voting rights.

During the time these financial investors sold their shares, Volkswagen reported that Porsche had bought more of its shares.

Porsche now holds more than 19 percent of Volkswagen's voting shares and has kept the possibility open of acquiring another 3.4 percent.

It is the largest Volkswagen shareholder, owning a bigger stake than the state of Lower Saxony, which owns 18.2 percent of Volkswagen.

Volkswagen has said that it wants to expand cooperation with Porsche but has pledged to hold its single largest shareholder at arm's length.

The double role of Ferdinand Piech as a joint-owner of Porsche and the chairman of the supervisory board of Volkswagen has raised questions about a conflict of interest.

A report commissioned by Volkswagen has suggested that Piech should step down as its supervisory board chairman to avoid potential conflicts of interest.

At issue is whether Porsche's role as a major Volkswagen shareholder gives it unacceptable influence over a company that is also its business partner and competitor.

Source : http://za.today.reuters.com (10/16/2005)


Monteiro claims rookie of the year honour  
Portugal's Tiago Monteiro claimed the accolade of Formula One's most reliable driver on Sunday with his 18th finish in 19 races.

"To finish the season with such a high record of race finishes, great reliability, best rookie of the year, man of the race in Spa, a podium at Indy, is unbelievable," declared the Jordan driver, who has no confirmed drive for 2006.

"I could not have dreamed of a better first season."

Monteiro's 11th place finish in the season-ending Chinese Grand Prix left him 16th in the championship with seven points. Six of them were scored in the six-car U.S. Grand Prix fiasco at Indianapolis.

The other was an eighth place in Belgium, although McLaren's winner Kimi Raikkonen would quibble at his claim to be man of that race.

He completed all the grands prix, with the exception of the last 15 laps in Brazil last month.

Source : http://today.reuters.co.uk (10/16/2005)


Team-by-team analysis of Chinese Grand Prix  
Team-by-team analysis of Sunday's season-ending Chinese Grand Prix (listed in championship order):

- - - -

RENAULT (Fernando Alonso 1st, Giancarlo Fisichella 4th)

Newly crowned world champion Alonso won comfortably from pole to seal a drivers' and constructors' double for Renault.

Fisichella did a solid job holding off the chasing McLarens early on and finished fourth. Incurred a drive-through penalty for obstructive driving in the pit lane.

- - - -

McLAREN (Kimi Raikkonen 2nd, Juan Pablo Montoya retired)

Raikkonen pushed hard to catch Alonso but never quite got close enough to give McLaren a seventh straight win.

Montoya was forced to retire on lap 25 after making two stops to repair damage sustained when he ran over a loose drain cover, effectively ending McLaren's bid for the constructors' title.

- - - -

FERRARI (Rubens Barrichello 12th, Michael Schumacher retired)

Barrichello struggled with grip in his last race for Ferrari before joining Honda and finished well back.

Schumacher's season ending with him crashing on the installation lap before spinning out behind the safety car on lap 23. The seven-times world champion was reprimanded for colliding with Minardi's Christijan Albers on their way to the grid.

- - - -

TOYOTA (Ralf Schumacher 3rd, Jarno Trulli 15th)

Schumacher secured his second podium for Toyota with a solid drive but also benefited from the appearance of the safety car on lap 19.

Trulli suffered from a vibrating front tyre. For him the safety car came out at the wrong time -- just after pitting -- and he never recovered.

- - - -

WILLIAMS (Mark Webber 7th, Antonio Pizzonia 13th)

Webber also fell foul of the safety car and was held up by Barrichello early on.

The decision to come in for pit-stops when the second safety car came out on lap 30 back-fired for Pizzonia, who also complained of poor speed on the straights. - - - -

BAR (Jenson Button 8th, Takuma Sato retired)

Button's 100th Formula One start failed to live up to its billing. The Briton lost places after getting stuck behind the first safety car and was never in contention for a podium.

Sato finished a miserable final season for Honda-powered BAR by retiring with gearbox trouble on his 34th lap.

- - - -

RED BULL (Christian Klien 5th, David Coulthard 9th)

Klien took advantage of the second safety car to pit and produced his best drive in Formula One.

Coulthard was furious after being caught behind the safety car and losing places, describing the race as "pants."

- - - -

SAUBER (Felipe Massa 6th, Jacques Villeneuve 10th)

Massa was promised a new car by team boss Peter Sauber after finishing a creditable sixth in his last race before his switch to Ferrari.

Villeneuve finished 10th but only after narrowly avoiding crashing into the wreckage from Narain Karthikeyan's Jordan following the Indian's crash.

- - - -

JORDAN (Tiago Monteiro 11th, Narain Karthikeyan retired)

Monteiro ran smoothly and was involved in a decent scrap with Trulli's Toyota and Pizzonia's Williams.

Karthikeyan slammed into a wall on his 28th lap and was fortunate Villeneuve avoided him as he slid back into the Canadian's path.

- - - -

MINARDI (Robert Doornbos 14th, Christijan Albers 16th)

Doornbos performed with credit in Minardi's farewell, passing Pizzonia and Villeneuve during the race.

Albers began from the pit lane after colliding with Schumacher and finished 16th in the spare Minardi.

Source : http://today.reuters.co.uk (10/16/2005)


Our Sister Sites:. :http://www.indiabike.com | http://www.indiacar.net | http://www.cybersteering.com
Home | Buy New Car | Buy Used Car | Sell Your Car | Car Research | Detailed Car Reviews | Road Tests | Technical Specs.
Standard Equipments | Owner's Feedback | Photo Gallery | Surround Videos | Insurance | Finance | Car Maintenance | Indiacar Mall
Dealer Locator | Infobank | Ask An Expert | Messageboard |Two Wheelers | RTO | Cybersteering | News Archives | Site Map

| Contact Us | Terms & Conditions | Bookmark this Site |
Copyright © 1999-2009 Indiacar Pvt. Ltd.