Here's what we have our eye on today: Auto manufacturing output in the Midwest increased 17.5% year over year in January, according to the Chicago Fed Midwest Manufacturing Index. Total national automotive output increased 12.1% for the month as compared with 2011. Auto manufacturing output is now at levels last seen in mid-2008, according to a tweet from CNBC's automotive/airline correspondent Phil LeBeau. Toyota Prius c sales are moving at a roaring pace. The carmaker moved 1,201 units during its first three days on sale. If that pace continues, expect significant, and continuous, supply constraints, according to Automotive News. Right now, the U.S. and Canada are collectively allocated about 6,000 Prius c hybrids a month from Toyota's Iwate assembly plant in northern Japan. Although the plant can make 30,000 Prius c vehicles a month, most of the hybrids have been allocated for sale in Japan. There's a backlog of 120,000 preorders for the Prius c by Japanese customers, according to Automotive News. Toyota is adding an "excess wear and tear" policy to its leasing program, according to Automotive News. The policy covers up to $5,000 of excess wear and use, and up to $1,000 coverage for single "event" damage to a leased vehicle. Lexus vehicles get up to $7,500 in wear and $2,000 of single-event coverage. The plans must be bought at the beginning of the lease, and neither plan waives excess mileage charges. Pricing has not yet been disclosed. Toyota relies heavily on leasing: About 31% of all its new cars are leased through the company's captive financial firm, Toyota Financial Services, says Automotive News. GM is having trouble forecasting a sales target for its tiny 2013 Chevrolet Spark, which goes on sale in July, according to Automotive News. The Spark will compete with the Fiat 500, Scion iQ and Smart ForTwo. All three vehicles have seen relatively little appeal with the American buying public, says Automotive News, but Chevrolet expects the Spark to be popular with city dwellers. It plans to offer a fun assortment of exterior paint colors, an optional 7-inch touch-screen and pricing that starts below the Chevrolet Sonic (which starts at $13,865) to help distinguish the vehicle in the marketplace. from KickingTires http://blogs.cars.com/kickingtires/ | |||
| |||
| |||
|
Monday, March 19, 2012
Cars.com News Brief: March 19, 2012
Subscribe to:
Post Comments (Atom)
Archive
-
▼
2012
(7297)
-
▼
March
(728)
- BMW i8 Concept Spyder Debuts: Same Plug-In Hybrid,...
- Sound and Fury
- New or Used: Replacement for Rusty Rocker’d Ride?
- Opel Labor Leader Threatens Mother Of All Plant Cl...
- This Week's Most-Read Stories
- Interest For EVs Fading
- Hammer Time Rewind: Hit Em Where They Ain’t!
- Speed, And The Cop Might Get A Free Pizza
- Pocket Rocket Lovers Of The World, Rejoice! Uhmm, ...
- Automotive Lawsuit History Unearthed, Junkyard Sty...
- Junkyard Find: 1987 Toyota Corolla FX16 GT-S
- 2012 New York Auto Show Preview
- FS: One-of-a-kind Mercedes “Benzamino”
- Most-Watched Video Reviews of the Week
- Car Collector’s Corner: This1939 Rolls Royce Wrait...
- Bye, bye, Miss Emm Kay Five.
- Volkswagen Reveals Alltrack Wagon Concept, Don’t G...
- How To: Mess With Your Buddies’ Cars
- 2012 GMC Yukon and Sierra Heritage Editions Announ...
- Volkswagen Alltrack Concept; A Diesel Wagon, But A...
- 2013 Lincoln MKZ Shows Off a Big Retractable Glass...
- 2012 Dodge Charger SRT8 Super Bee Tested: 470 HP o...
- GMC Celebrates 100 Years With Heritage Edition
- You Thought That Car Was Expensive? Wait Until You...
- 2013 Subaru Legacy Quietly Drops 2.5GT Model
- 2012 New York Auto Show: What to Expect
- Dodge’s Facebook Campaign For SRT Viper Backfires
- Boo, Hiss: Daimler And BYD Launch Denza Brand
- Cars.com Buzz Index: March 2012
- Sergio Marchionne Confirms Third Fiat Model By 201...
- Fiat Brazil: Uno Kicks Gol Off Top Spot. Films At ...
- 2014 Fisker Nina Spied Nearly Completely Uncovered
- Cars.com News Briefs: March 30, 2012
- What Is The Model T Of Our Time?
- SRT Reveals one More Viper Pic
- Recall Alert: 2002-04 Honda CR-V, 2003 Honda Pilot
- LeMons Good/Bad Idea of the Week: Two-Stroke Miata!
- Junkyard Find: 1975 Mercury Comet Sedan
- Modern Marvels: IG Metall Hires Bob King As Opel B...
- Young People Drive Less, Surf More
- Cars.com Family Reviews the 2012 Volkswagen Passat...
- Cadillac XTS' Seat Buzzes for Danger
- Car Collector’s Corner:1948 Plymouth Convertible w...
- SRT Previews 2013 Viper’s Interior on Facebook [Ne...
- Mini Baker Street, Bayswater, and Highgate Special...
- 2013 Volkswagen CC First Drive: New Nose, Same Goo...
- Shake, Rattle, and Squeak: Long-Term 2011 Mini Coo...
- Chrysler Dealers Who Regained Their Franchises Bac...
- Mitt Romney Slammed for Joke Referencing Plant Clo...
- What Car Would You Buy if You Won Mega Millions?
- Edmunds Sees SAARing March Sales
- New Ram Truck Teased Before Debut, We Expect Refre...
- You Won’t Need A License To Drive This Renaut
- 2013 Subaru Legacy at the 2012 New York Internatio...
- Mercedes Will Cut Platforms In Half
- Capsule Review: 2012 Subaru Impreza Sport 5-Door
- Cars.com News Briefs: March 29, 2012
- 2013 Subaru Outback at the 2012 New York Auto Show
- Introducing The 2014 Mercedes C Class
- Toyota Bumping Up RAV4 Production By 50,000 Units ...
- Americans Paying Off Car Loans Before Mortgage, Cr...
- New C/D YouTube Channel to Launch May 1; Here’s Ou...
- Honda Fit. Officially Hecho En Mexico
- OnStar's Family Link Helps Parents Keep Tabs on Te...
- Junkyard Find: 1975 Ford Maverick
- PSA And Toyota Open Tie-Up Season
- Opel Supervisory Board Meets, Decides Nothing. Eis...
- Would You Buy It? 2013 Ford B-Max
- 2012 Audi Q5: Car Seat Check
- Vellum Venom: 2012 BMW 328i Sedan
- 2013 Chevrolet Traverse: Hard Candy Shell, Soft Go...
- 2013 Acura RDX First Drive: A More-Mature Compact ...
- 25 Cars Worth Waiting For: The Choicest Rides Arri...
- Italy Seizes Gaddafi’s Stake In Fiat
- EXCLUSIVE: Jost Capito, Head of SVT and Performanc...
- Lotus Vehicle Development on Temporary Hold, Long-...
- European Patent Filing Reveals Possible Chevrolet-...
- 2013 Lexus ES Confirmed for NYC, Previewed in Phot...
- Cadillac Previews Driver-Assistance Systems for XT...
- Name That Exhaust Note, Episode 129
- 2013 Chevrolet Traverse at 2012 New York Auto Show
- Ford Explorer Sport Gets 3.5L Ecoboost
- 2013 Ford Explorer Sport: First Look
- 2013 Ford Explorer Sport: The Closest Thing to an ...
- Fiat’s Future In America And Elsewhere: A Counterp...
- Ontario Cutting Electric Vehicle Subsidies, $43 Mi...
- GM Issues Media Black-Out For Ellesmere Port
- Renault Opens Import Company In Allegedly Closed M...
- Hammer Time: Buy! Buy Buy!
- Generation Why: Jeep’s Old Man Truck, Pinterest An...
- 2012 Jaguar XFR Video
- 2013 Maserati Quattroporte Spied: Maserati’s Next ...
- Cars.com News Briefs: March 28, 2012
- New Lexus ES at New York Auto Show
- Buick Encore May Get Chevrolet Variant
- New Mitsubishi Outlander Sport at New York Auto Show
- UAW’s Bob King Will Fire 7,000, Close Two GM Plants
- Azure Dynamics Files For Bankruptcy, Suspends Ford...
- Junkyard Find: 1970 Toyota Corona Sedan
- Car Collector’s Corner:1966 Coronet 426 Hemi 2 Doo...
-
▼
March
(728)
No comments:
Post a Comment