“kbb.com Study: Domestic Trucks Remain Cornerstone of Strength; Import ... - PR Newswire” plus 4 more |
- kbb.com Study: Domestic Trucks Remain Cornerstone of Strength; Import ... - PR Newswire
- Auto inventories tight, U.S. "clunker" interest slips - Reuters
- Pontiac Truck Plant workers join to raise funds once more, before the ... - Oakland Press
- GM floats auto concepts on virtual design studio - CNET News
- Mercedes-Benz Professional Instructors Are Equipped to Provide ... - The Auto Chanel
kbb.com Study: Domestic Trucks Remain Cornerstone of Strength; Import ... - PR Newswire Posted: 12 Aug 2009 07:05 AM PDT IRVINE, Calif., Aug. 12 /PRNewswire/ -- Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information, today announces the results of the second-quarter 2009 Brand Watch study by Kelley Blue Book Market Intelligence, detailing consumers' perceptions of truck brands and factors of importance when new-truck shopping. The study found that in the past year, domestic truck consideration has increased or held steady, while import truck consideration has decreased. Currently, Ford is the most-considered truck brand at 58 percent, Chevrolet is second with 51 percent consideration, Dodge ranks third at 37 percent and GMC is fourth at 33 percent. Ford consideration is up significantly in the current results, increasing 12 points from the previous year and overtaking Chevrolet as the most-considered truck brand. Chevrolet and GMC consideration has remained constant in the second-quarter of 2009 when compared to the previous year. "Even with the troubles experienced by the automotive industry in the past year, trucks remain a center of power for the domestic manufacturers. With a recent round of impressive redesigns and creative marketing to support their new launches, the latest Brand Watch study from Kelley Blue Book Market Intelligence shows that consumers still appreciate trucks from American companies," said Rick Wainschel, senior vice president, market intelligence and brand strategy for Kelley Blue Book and kbb.com. "While import manufacturers tend to dominate perception - and frequently sales - in the small-car genre, the foundation underneath the domestic manufacturers does not show signs of cracking." In contrast to the strength demonstrated by Ford, GM brands and Dodge, Toyota truck consideration fell from 34 percent to 31 percent, Nissan truck consideration fell from 17 percent to 13 percent, and Honda truck consideration fell from seven percent to four percent in second quarter 2009 compared to the previous year. Toyota was the third-most-considered brand in second-quarter 2008, and now is the fifth-most considered brand in second-quarter 2009. Additionally, new-truck shoppers indicate an increased importance in more 'traditional' truck factors in the last year, with durability/reliability, ruggedness/toughness, towing/hauling capacity, driving performance and driving comfort ranking among the top. While still a primary consideration at 55 percent, fuel efficiency has decreased in importance among new-truck shoppers. The decrease is in-part due to more stable gas prices compared to the spike of 2008, when survey respondents citing fuel efficiency as an important factor in truck purchase decisions was a full 10 points higher at 65 percent. When looking at how individual truck brands fared on important decision factors, Ford takes the most No. 1 spots, including ruggedness/toughness, towing/hauling capacity, exterior styling, interior design/layout, versatility/flexibility, safety and cool factor/vehicle image. Chevrolet ranks first on fuel efficiency, driving comfort, economical factors and seating capacity. GMC ranks first in durability/reliability, driving performance, family friendliness and available options. This Kelley Blue Book Market Intelligence Brand Watch study was fielded to 3,164 in-market car shoppers on Kelley Blue Book's kbb.com from April - June, 2009. For Brand Watch sales inquiries on any vehicle segment or brand, please contact Kelly Kim, director of marketing research services for Kelley Blue Book and kbb.com, at 949-268-2756 or kkim@kbb.com. About Kelley Blue Book (www.kbb.com) Since 1926, Kelley Blue Book, The Trusted Resource(R), has provided vehicle buyers and sellers with the new and used vehicle information they need to accomplish their goals with confidence. The company's top-rated Web site, www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book(R) Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book(R) Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2008 Spring Automotive Web Site Usefulness Study, kbb.com is the most useful automotive information Web site among new and used vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kbb.com is a leading provider of new car prices, car reviews and news, used car blue book values, auto classifieds and car dealer locations. No other medium reaches more in-market vehicle shoppers than kbb.com. SOURCE Kelley Blue Book Website: http://www.kbb.com This posting includes an audio/video/photo media file: Download Now |
Auto inventories tight, U.S. "clunker" interest slips - Reuters Posted: 12 Aug 2009 04:28 AM PDT By John Crawley WASHINGTON (Reuters) - Red hot auto sales under the U.S. government's "cash for clunkers" incentive began to cool as dealer inventories tightened and showroom traffic showed signs of leveling off from its frantic pace of a week ago. One industry analysis released on Tuesday forecast a steady decline in "clunker" related business even though the Obama administration and Congress added $2 billion to the program in recent days with hopes of matching the success of its first weeks. Sales during that period topped 250,000 and rebates exceeded $1 billion at least, according to government and industry figures. "We see that interest dying down," Edmunds.com Senior Analyst Michelle Krebs said in an interview on the consumer auto industry resource group's analysis of buyer intentions. "It's still high. It's better than pre-clunker levels, but it's off its peak." Krebs said the original $1 billion funding for the program was "very low in relation to the size of the auto market." This, she said, created a "Gold Rush" mentality where consumers stormed dealers at the end of July and in the first days of August to cement discounts with rebate funding running low. The "clunker" initiative offers rebates of up to $4,500 when consumers trade in older cars for more fuel efficient new ones. Dealers say buyers are trading in mainly sport utilities, pickups and other U.S.-made vehicles for fuel stingy foreign-made passenger cars. Automakers credited "clunker" trade-ins for boosting July sales to the best annualized rate for 2009, a year in which carmakers have contended with a devastating decline in business. The horrid, recession-driven sales environment contributed to bankruptcies at General Motors Co and Chrysler this spring. Both have since emerged from Chapter 11 to an uncertain place in the market with the healthier Ford Motor Co rebounding nicely in July from the brutal sales decline and Japanese powerhouses Toyota Motor Co and Honda Motor Co capitalizing strongly on the "clunker" fueled consumer shift to passenger cars. Tammy Darvish of Darcars Automotive Group said showroom traffic has eased for domestic models since the first week of the month, with inventory running low. Chrysler shut down production during its bankruptcy in April, and GM slowed output significantly for over two months during its restructuring. Foreign makers, especially Toyota, are still attracting buyers for historic discounts but traffic has eased slightly for those dealers, too, Darvish said. "We don't have as great an inventory as we're used to, but we have enough," Darvish said of hot-selling Toyota Corollas, Camrys and Tacoma pickups. The Corolla ended July with an average supply of 34 days while the Camry supply averaged 38 days, Toyota spokeswoman Martha Voss said. Domestic and foreign auto manufacturers remained cautious about boosting production. Memories remain fresh, especially among U.S. manufacturers, of unsold vehicles rushed to market in recent years in response to soaring gasoline prices. Toyota is increasing production of key models by 65,000 vehicles, which are being shipped to dealers through September, Voss said. Ford's production is running ahead of last year and has said it will disclose plans in September about third quarter production. GM already plans to increase third-quarter production across its vehicle lineup by 35 percent over the previous three months, officials said. Senior executives said on Tuesday production would go up even more later in the year, with plans to be announced by the end of the month. U.S. Representatives Candice Miller and Fred Upton, both of Michigan where domestic manufacturers are based, are so concerned about shrinking inventories that they asked the Obama administration to intervene. "The inventories of some automakers and dealers have been so depleted that the program's extension may be limited in its effectiveness," they wrote in a letter to Transportation Secretary Ray LaHood. They asked that "clunker" rules be modified to allow consumers to reserve a rebate from the manufacturer for a newly ordered car or truck. "This will allow consumers to purchase the vehicle they want even if it is not presently on the dealer's lot," they wrote. (Reporting by John Crawley; Editing by Richard Chang) This posting includes an audio/video/photo media file: Download Now |
Pontiac Truck Plant workers join to raise funds once more, before the ... - Oakland Press Posted: 12 Aug 2009 03:02 AM PDT The Oakland Press/JOSEPH SZCZESNY Workers coming together were (from left) Lisa Vowell of General Motors Corp.; Jim Hall of UAW Local 594; Ty McCullough of GM; Brian Larkin and Doug Bowman of UAW Local 594; Kedrin Gall of Make-A-Wish Foundation; Bob Holderman of Local 594; Joya Shepard, GM personnel director at the Pontiac Truck plant; Larry Glaza of Local 594; Byron Carter of GM; Dan Slone, Katrina Smith and Pam Clay of Local 594. They posed with the $7,000 check representing money collected for the Make-A-Wish Foundation. For one last time, employees, union members and management from General Motors Corp.'s Pontiac Truck Plant have joined together to raise money for a worthy cause. This posting includes an audio/video/photo media file: Download Now |
GM floats auto concepts on virtual design studio - CNET News Posted: 12 Aug 2009 03:59 AM PDT WARREN, Mich.--Got an opinion about how General Motors designs its cars and trucks? Let them know. GM on Tuesday unveiled a blog Web site called The Lab that it hopes will give the struggling auto giant a bead on customer preferences. It's part social-marketing campaign and part product research, company executives said here on Tuesday. "We want to use this to show where the company is headed, but there are limitations--we're not going to show concepts of cars that will come out next year," said Dave Rand, the director of design at GM's Tech Center, one of its main research centers. "The ideas we'll show will tend to be further out and not be as rigid." Instead of giving away secrets of planned products, the idea is to get feedback on concepts, such as whether a new type of car will fly with customers, using images and videos to illustrate the company's ideas. ![]() Work for you? A digital model of a bare-bones car shown on GM's new site for communicating design ideas with customers. (Credit: GM)The first three projects hosted on The Lab are for a bare necessities compact car, a bare necessity truck, and an Eco Initiative to better understand the interests of "green" buyers. The Lab is set up to be like a social-networking site where people have a profile and log in. People can rate designs and provide comments. There will also be a way to opt in and provide demographic information in exchange for access to new designs, company executives said. Rand said that providing an inside look of GM designers' work is not meant to replace auto shows or building models of concept cars. But getting feedback from fans and foes will allow designers to cycle through concepts more quickly. "The way we used to do research through (customer) clinics is cumbersome and expensive," he said. Currying favor with customers The emphasis of the discussions was intentionally on product and designs that company executives hope will drive revenue now that GM has slashed costs and restructured through bankruptcy. GM is also seeking to spiff up its corporate image with consumers, using social media of all sorts to get out its message. The media event, for example, was Webcast and open to questions from the public, while communications specialists used Twitter to answer questions online during the day. In another sign of GM trying to better understand American consumers, GM's top executives, including CEO Fritz Henderson and his staff, met for a full day with consumers on Monday, many of whom do not own GM vehicles. GM's Rand said that The Lab site will allow GM to share designs that it doesn't now. But, it clearly needs to temper some of that openness so as not to give away trade secrets. During media tours of GM's design studios on Tuesday, journalists were barred from carrying cameras. "We're going to be walking the line, quite frankly. We're trying to be more transparent, but at the same time we're somewhat protective because it's intellectual property," Rand said. This posting includes an audio/video/photo media file: Download Now |
Mercedes-Benz Professional Instructors Are Equipped to Provide ... - The Auto Chanel Posted: 12 Aug 2009 06:58 AM PDT STUTTGART/WORTH, GERMANY– August 12, 2009: Rising diesel prices, an environmental tax, a truck toll, and intense competition are forcing shipping companies in Germany to do all they can to keep costs down in order to succeed on the market. This principle has been the primary focus of Mercedes-Benz' driver training programs at the Wrth truck plant, which have been meeting customers' needs for 40 years. The plant itself produces state-of-the-art trucks, while professional trainers ensure that these vehicles can be operated as economically as possible. This is important because those who drive economically can conserve fuel and reduce vehicle wear and tear. In addition, economical driving enhances traffic safety, helps to protect the environment, and reduces driver stress, even at the same level of transport volume. Drivers of Mercedes-Benz trucks get the technical knowledge they need to efficiently operate their new vehicle from the Driver Information Service, one of the three standard components in the service package offered by the Mercedes-Benz Professional Driver Training program. The majority of customers who pick up their truck directly from the factory also take advantage of the opportunity to take part in the program. Recently, the new PLUS driver training feature began offering them the possibility of combining the vehicle pick-up with a seven-hour instruction module based on the requirements of Germany's new professional driver qualification law. 40 years of Mercedes-Benz professional driver training Energy prices are not expected to stabilize in the near future, which is why more drivers than ever before are making use of the training and information opportunities available at the Wrth Customer Center. The large number of participants in the various seminars and courses demonstrate not only the great demand for knowledge, but also the high level of acceptance that the training facility in Wrth enjoys. "We want to show drivers that it's not just technological progress that contributes to higher transport volumes, maximum safety, and lower fuel consumption, but also that economical driving habits can play a very helpful role," says Frans Eikelboom, head of the Wrth Customer Center. Mercedes-Benz has been providing its truck customers with services for safely and efficiently operating their vehicles for four decades. The Wrth Customer Center opened in 1969 at the Wrth plant, which is one of the largest truck manufacturing facilities in the world. From the very beginning, the service center provided training courses focused on technological advances that reduce the strain commercial vehicles place on the environment, and on driving techniques for improving traffic safety. It was also at that time that the Wrth Customer Center began putting together an information package for drivers who came to pick up their new truck at the Wrth plant. 30 years of Mercedes-Benz Eco training Eco training seminars really pay off, as Eikelboom explains: "Our experience with the program over the last 30 years shows that participation in a Mercedes-Benz professional training Eco workshop nearly always results in long-term fuel savings as high as five percent." Driving-safety training for nearly 20 years Professional trainers at Mercedes-Benz therefore established safety training for truck drivers as the third service package component nearly 20 years ago. This training program, which is conducted by experienced instructors, makes use of an extensive fleet of commercial vehicles of all classes, including a tractor-trailer with stabilizers. New professional driver qualification law "Our professional trainers at Mercedes-Benz have long been equipped to accommodate such a law," says Eikelboom. Since 2008, in fact, the world's leading manufacturer of commercial vehicles has been offering seminars that fully satisfy the new law's requirements, and the brand's training programs and seminars are all certified in accordance with the legislation. This posting includes an audio/video/photo media file: Download Now |
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