Mitsubishi And DaimlerChrysler to Build Minicar
Jul 8, 2003
TOKYO, July 8, 2003; Reuters reported that Japan's fourth-biggest carmaker, Mitsubishi Motors Corp, and its parent DaimlerChrysler AG will jointly develop a minicar for sale in Japan and Europe by 2006, the Nihon Keizai Shimbun reported on Tuesday. The newspaper said the two carmakers plan to use Mitsubishi's 660 cc mi ... Continue reading
Hyundai's Beijing JV Output To Hit 550,000 Units In 2010
Jul 8, 2003
BEIJING July 7, 2003; Dow Jones reported that Hyundai Motor Corp. expects the output at its joint venture with Beijing Automotive Industry Holding Co. to rise to 550,000 vehicles by 2010, state media reported Tuesday. The South Korean automaker plans to make the joint venture its largest overseas manufacturing base, th ... Continue reading
Jul 8, 2003
Lowers Guidance for 2003 WESTMONT, Ill., July 7 -- Aftermarket Technology Corp. , today announced that it has come to terms on multi-year agreements with DaimlerChrysler and AT&T Wireless Services. The agreement with DaimlerChrysler extends through 2005 and the agreement with AT&T Wireless Services extends through July ... Continue reading
CNW Reports Largest Ever New Vehicle Discounts Over July 4 Weekend;
Jul 7, 2003
Dealers Adding $1,500-plus to Manufacturer Incentive Levels BANDON, Ore., July 7 -- The fourth-of-July weekend generated the largest-ever discounts from sticker prices and lowest automobile prices in more than a year. The typical new-car transaction price between July 1 and July 6 was nearly 20 percent lower than stick ... Continue reading
Used Car Auction Commentary from ADESA July 7, 2003 - Prices Going Back Up?
Jul 7, 2003
Hi Everyone, From the various indicators ADESA Analytical Services maintains on auction and used vehicle market trends, we believe the wholesale used vehicle market has reached an "inflection point." Attached are results from our monthly analysis of Wholesale Used Vehicle Prices by Model Class. (The analysis is based o ... Continue reading
New Car Review: 2003 Lincoln LS Premium Sport
Jul 7, 2003
DRIVING DOWN THE ROAD WITH CAREY RUSS In common with most luxury automakers, Lincoln has a problem a few years ago. The customers who made Lincoln successful in the past few decades, for the most part, reached the age where they were not going to buy another car. Younger luxury car buyers, ``younger'' here meaning anyo ... Continue reading
GE Breaks Ground on New Advanced Technology and Alternative Fuel Research Center in Germany
Jul 7, 2003
MUNICH, Germany July 7, 2003; General Electric (GE) broke ground today on a $52 million (USD), 10,000 square meter (~107,600 sq. ft.) research facility on the Garching campus of the Technical University of Munich (TUM) that will employ 150 scientists and researchers by 2005. As GE's first research and development cente ... Continue reading
DaimlerChrysler H1 Mercedes brand sales 548,500
Jul 7, 2003
FRANKFURT, July 7, 2003; Reuters reported that German automaker DaimlerChrysler AG (XETRA:DCXGn.DE - News) said on Monday it sold 548,500 Mercedes-Benz cars globally in the first six months of 2003, compared to 559,000 in the same period last year. "We are satisfied with the performance of the Mercedes Car Group in the ... Continue reading
S Korea May Decide On Car Excise Tax Cut As Early As Monday
Jul 7, 2003
SEOUL July 6, 2003; Dow Jones reported that South Korea's National Assembly will convene Monday and Tuesday to discuss a bill to lower the excise tax on cars and the decision could be made as early as Monday, an official at the Ministry of Finance and Economy said. If the bill is approved, new tax rates will go into ef ... Continue reading
Audi's China 1st Half 2003 Car Sales Up 84% On Year To 29,000
Jul 7, 2003
SHANGHAI July 7, 2003; Dow Jones reported that German carmaker Audi AG said Monday it sold 29, 000 cars in China during the first half of 2003, a jump of 84% on a year earlier. The larger, higher-end Audi A6 model sedan accounted for 25,000 of the sales, while it also sold 3,000 Audi A4s, the firm's second China model ... Continue reading
Honda: 2003 Sales at Least at 2002 Level
Jul 7, 2003
BRUSSELS, July 7, 2003; Reuters reported that the chairman of Honda Motor Co (Tokyo:7267.T - News) said on Monday he expected the firm's 2003 sales in Europe, the United States and Japan would be in line with, or slightly better than, 2002. Yoshihide Munekuni, chairman of both Honda and the Japan Automobile Manufacture ... Continue reading
Mazda Releases Limited Edition 'Stardust Pink' Demio
Jul 7, 2003
JapanCorp: <http://www.japancorp.net/?page_num=1> Mazda Releases Limited Edition 'Stardust Pink' Demio Mazda <http://www.japancorp.net/topimg/Low_MazdaDemio.jpg> Tokyo, Japan, July. 07, 2003 - (JCN Newswire) - Mazda Motor Corporation has released a limited edition model of its popular Mazda Demio compact car. Six hundr ... Continue reading
Jul 7, 2003
NORWOOD, Mass.--July 7, 2003-- Comprehensive platform enables cost reductions of at least 50% over current implementations; Java programmability simplifies portability across multiple vehicle models Analog Devices, Inc. , a leader in semiconductors for signal processing applications, announced today the availability of ... Continue reading
Next Phase of Chrysler Crossfire Advertising Campaign Launches Nationwide on July 7
Jul 7, 2003
* Chrysler Crossfire: "Dreamed in America. Crafted in Germany." * Internet Blanket Will Help Drive Consumers to Chrysler Web Page * Innovations Include CD-ROM and TiVo Promotion AUBURN HILLS, Mich., July 7 -- While July 4 is the official day that dealers can start selling the all-new 2004 Chrysler Crossfire, that didn' ... Continue reading
Chrysler & Jeep chooses Smartnav as an approved satellite navigation option
Jul 7, 2003
London, July 7 -- As from the 7th July 2003 Chrysler & Jeep will be offering Smartnav, the latest innovation in satellite navigation from Trafficmaster, as an approved accessory in the UK on its Voyager, Grand Voyager, Cherokee, Grand Cherokee and PT Cruiser models. The announcement to provide Smartnav, by Trafficmaste ... Continue reading
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