News By Topic: Automobile Manufacturers

Porsche Confirms Production Cuts on Boxster, 911

Mar 5, 2003

FRANKFURT March 4, 2003; Dow Jones reported that Porsche AG confirmed Tuesday it was cutting production by several thousand of its two sports car series, Boxster and 911. "We've said that sports car unit sales will not reach the level of the previous (fiscal) year," spokesman Manfred Ayasse said, "and this means logica ... Continue reading

DaimlerChrysler Boosts Discount on Jeep Grand Cherokee

Mar 5, 2003

DETROIT March 4, 2003; Sholnn Freeman wrting for the WSJ reported that DaimlerChrysler AG boosted discounts on the Jeep Grand Cherokee full-size sport-utility vehicle by $1,000 to a total $4,000, according to dealers. Dealers say the Grand Cherokee deal is modeled on a successful program the company used to lift Dodge ... Continue reading

February 2003 US Car and Truck Sales By Make

Mar 4, 2003

DETROIT, March 4, 2003; Reuters reported the following U.S. sales and market shares of cars and light trucks listed by auto groups and their wholly owned subsidiaries for February versus the same year-earlier month and for the year to date. Percent changes are based on the daily sales rate. ... Continue reading

Lincoln Aviator, Navigator Win Winter Awards

Mar 4, 2003

* New Aviator named best in its luxury mid-size class. * Navigator called best of all full-size sport utility vehicles. BOSTON, March 4 -- Lincoln's new Aviator and Navigator sport utility vehicles topped their classes in tests for the best winter vehicles by New England's top motoring journalists. "Notoriously fierce ... Continue reading

Mitsubishi Motors Announces Pricing on 2003 Lancer Evolution

Mar 4, 2003

CYPRESS, Calif., March 4 -- Mitsubishi Motors North America, Inc. (MMNA) today announced suggested retail pricing for the 2003 Mitsubishi Lancer Evolution, Mitsubishi's highly anticipated performance sedan. The Lancer Evolution will range from a suggested retail base price of $28,987 to a fully loaded price of $30,217 ... Continue reading

Subaru Announces Pricing on 2003 Baja Sport and Two All-New 2003 Outback Models

Mar 4, 2003

CHERRY HILL, N.J., March 4 -- Subaru of America, Inc., the only manufacturer to have all-wheel drive as standard equipment on every vehicle they make, announced today the Manufacturer's Suggested Retail Price (MSRP) for three new 2003 model year vehicles. The 2003 model year Baja Sport, 2003 model year Outback with Pre ... Continue reading

Kia Motors America Sells One Millionth Car in the U.S.

Mar 4, 2003

IRVINE, Calif., March 4 -- Kia Motors America announced today that it has sold its one millionth vehicle in the U.S. market. The millionth vehicle was a 2003 Kia Sedona minivan purchased at Kia of Huntington Beach in Huntington Beach, California, by Mike and Melody Garrison of Foothill Ranch, California. "When Kia ente ... Continue reading

Review - 2003 VW Beetle Convertible GLS

Mar 4, 2003

THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS MODEL: Volkswagen New Beetle Convertible GLS ENGINE: 2.0-liter inline four HORSEPOWER/TORQUE: 115 hp @ 5,200 rpm/122 lb-ft @ 2,600 rpm TRANSMISSION: 6-speed automatic WHEELBASE: 98.7 in. LENGTH x WIDTH x HEIGHT: 161.1 x 67.9 x 59.0 in. STICKER PRICE: $25,355 The world is defi ... Continue reading

New York International Auto Show- How Should You Get There & Where Should You Park?

Mar 4, 2003

NEW YORK, March 4, 2003: -- Automobiles are unquestionably the main attraction at the 2003 New York International Automobile Show, to be held April 18-April 27 at the Jacob Javits Center in New York City; yet, many show-goers do not actually drive to the Auto Show, and those who do aren't sure where to park their car o ... Continue reading

Volkswagen Reports U.S. Sales for February

Mar 4, 2003

AUBURN HILLS, Mich., March 4, 2003; Volkswagen of America, Inc. reported U.S. sales of 22,803 new cars for the month of February, a three percent increase over last year's sales of 22,122. ... Continue reading

Audi Reports Best Ever February Sales

Mar 4, 2003

AUBURN HILLS, Mich., March 4, 2003; Audi of America, Inc. reported February new car sales of 6,156, an increase over last February's sales of 6,125. ... Continue reading

Carlos Ghosn completes global launch of Nissan 350z at Geneva Motor Show

Mar 4, 2003

Geneva, March 4 -- Carlos Ghosn, President and Chief Executive Officer of Nissan Motor Company, today introduced the European version of the new Nissan 350Z sportscar at the Geneva Motor Show, heralding the start of pre-sales in the European market. With the introduction of the European 350Z, due to hit showrooms in Oc ... Continue reading

GM Reports February Sales of 333,572, Down 19 Percent

Mar 4, 2003

FOR RELEASE: March 3, 2003 GM Reports February Sales of 333,572, Down 19 Percent Cadillac Continues To Achieve Significant Gains With 16 Percent IncreaseGM Announces February Production Results, Q1 2003 Forecast Unchanged, Initial Q2 2003 Production Forecast Detroit – General Motors Corp. dealers sold 333,572 new ... Continue reading

Volvo XC90 Awarded `Best Engineered Vehicle for 2003' Says Automotive Engineering International Magazine

Mar 3, 2003

DETROIT, March 3, 2003; Featuring five "world firsts" in the design of its XC90, Volvo engineers sought to design an SUV-like vehicle with superior safety, handling, and emissions performance characteristics. The end result was Automotive Engineering International magazine's "Best Engineered Vehicle for 2003." The anno ... Continue reading

Edmunds.com Compact Car Incentives Rose While Large SUV Incentives Dropped

Mar 3, 2003

SANTA MONICA, Calif., March 3 -- Edmunds.com ( http://www.edmunds.com/ ), the premier online consumer resource for automotive information, reported today that the average manufacturer incentive per vehicle sold in the United States was $1,939 in January 2003, down 11.3% from $2,185 in December 2002. This data and the r ... Continue reading