. Space Industry and Business News .




.
CAR TECH
Fuel-efficient autos drive sales higher
by Staff Writers
Washington (AFP) April 3, 2012


US auto sales revved up in March amid an improving economy and as high gasoline prices boosted buying of fuel-efficient vehicles, US and foreign automakers said Tuesday.

General Motors Company, the world's biggest automaker by sales, reported March sales of 231,052 vehicles in the United States, up 12 percent from a year ago.

Solid gains were echoed at Ford, Chrysler, Toyota, Nissan, Hyundai and Volkswagen.

"March overall vehicle sales were a bit lighter than expected but in view of the recent strength it hardly seems anything to be concerned about," said Robert Brusca at FAO Economics.

Sales were up 35 percent at an annual rate in the first quarter, compared with the fourth quarter of 2011, he noted.

Don Johnson, GM vice president, said fuel-efficient cars and crossovers -- vehicles built on a car platform that incorporate features of sport utility vehicles -- led the charge.

"The economic recovery and a deep bench of fuel-efficient cars and crossovers have been driving our sales for more than a year, but the combined impact has never been stronger than it was in March."

"Since the last time fuel prices spiked, both the economy and GM's product portfolio are undeniably stronger," Johnson added.

Crossover sales leapt 47 percent and mid-car sales were up 38 percent.

GM touted sales of a record 100,000 cars and crossovers that achieve at least a highway rating of 30 miles per gallon estimated by the US Environmental Protection Agency.

The biggest US automaker highlighted that it sold 2,289 Volt electric cars, up 50 percent from December 2011, "which had been the vehicle's best month since launch" the prior year.

Meanwhile Ford Motor Company, the number-two US automaker, said sales rose 5.0 percent, to 223,418 vehicles, its strongest sales performance since 2007.

Ford said the fuel-efficient Focus was its best seller, with sales up 78 percent.

"Rising gas prices continued to drive strong customer demand for Ford's fuel-efficient vehicles throughout March and the first quarter," said Ken Czubay, vice president of US Marketing, Sales and Service.

Chrysler Group, which emerged from a government-backed bankruptcy in 2009 and is now controlled by Italy's Fiat, said US sales surged 34 percent to 121,730 units, its highest level since March 2008.

"The combination of credit availability, an improving economy, pent-up demand and even high fuel prices encouraging people to acquire newer more fuel-efficient vehicles are all helping to drive industry sales," said Reid Bigland, president and chief executive of Dodge Brand and head of US Sales.

Jessica Caldwell, an automotive analyst at Edmunds.com, noted that the number-three US automaker will be hard-pressed to maintain that momentum.

"Sales started to pick up steam last year around this time, so it will be hard for them to report these spectacular year-over-year gains from this point on," she said.

Toyota posted a 15 percent rise in US sales, to 203,282 vehicles, a year after Japan's earthquake and tsunami disaster disrupted production.

Japanese rival Nissan reported a 12.5 percent sale increase, to 136,317 units, "a record for any month in the company's history."

South Korean automaker Hyundai also said it broke the all-time monthly sales record, with sales of 69,728 units, up 13 percent from March 2011.

German automaker Volkswagen said US sales jumped 35 percent to 36,588 units in March, its best performance since 1973.

Honda lagged far behind in the US market, posting a decrease of 8.4 percent in sales.

"Honda just can't get on track," said Edmunds.com analyst Michelle Krebs.

Related Links
Car Technology at SpaceMart.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




BMW, Guggenheim salvage Berlin 'lab' after threats
Berlin (AFP) April 3, 2012 - German automaker BMW and New York's Guggenheim Museum said Tuesday they have found a new site in Berlin for an urban design "laboratory" after irate residents of a trendy district forced them out.

The BMW Guggenheim Lab, which is on a tour of cities around the globe, had been scheduled to arrive on a vacant lot in the Kreuzberg area of the German capital in May for a two-month stint before continuing on to Mumbai.

But organisers pulled the plug last month after several threats of vandalism attributed to residents angry that the Lab could spur on rapidly rising rents in the area and who protested BMW's use of slave labour during World War II.

The row sparked a heated debate in cash-strapped Berlin, which has a meagre industrial base and has looked to culture and tourism to drive its economic recovery but where concerns about affordable housing are running high.

Mayor Klaus Wowereit, who famously called the German capital "poor but sexy", got personally involved in efforts to ensure the project could still launch in Berlin -- with success, the Guggenheim said Tuesday.

The Lab, which calls itself a forum to discuss urban architecture, technology and sustainability, will now open June 15 to July 29 in the upscale Prenzlauer Berg district of the former communist east, which has undergone rapid gentrification in the two decades since the Berlin Wall fell.

"The decision to relocate the Lab was not an easy one, but we are very pleased to have so quickly confirmed such a suitable alternative and to continue the urgent and important discussions we have begun about cities," said Richard Armstrong, director of the Guggenheim Museum and Foundation, in a statement.

The Pfefferberg site that was selected is a sprawling former brewery and factory that already hosts artists' studios, galleries and restaurants.

The Lab plans to visit nine cities over six years. Its opening in New York last August also met with anti-gentrification protests.

Berlin ranks as one of Europe's most affordable cities but has seen a sharp rise in property prices since the Wall fell in 1989.



.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CAR TECH
BMW, Guggenheim salvage Berlin 'lab' after threats
Berlin (AFP) April 3, 2012
German automaker BMW and New York's Guggenheim Museum said Tuesday they have found a new site in Berlin for an urban design "laboratory" after irate residents of a trendy district forced them out. The BMW Guggenheim Lab, which is on a tour of cities around the globe, had been scheduled to arrive on a vacant lot in the Kreuzberg area of the German capital in May for a two-month stint before c ... read more


CAR TECH
New understanding of how materials change when rapidly heated

Northrop Grumman Conducts Air and Missile Defense Radar System Reviews

Honeycombs of magnets could lead to new type of computer processing

Facebook fans get to play out celebrity fantasies

CAR TECH
Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

'See Me' satellites may help ground forces

CAR TECH
Space Launch System Program Completes Step One of Combined Milestone Reviews

Russian Proton-M Puts Military Satellite into Orbit

ORS SpaceLoft-6 launch to test reliability, durability of payloads in suborbital voyage

China launches French-made communication satellite

CAR TECH
How interstellar beacons could help future astronauts find their way across the universe

ISS Keeps Watch on World's Sea Traffic

Many US police use cell phones to track: study

Spinning stars could guide spacecraft

CAR TECH
Engine failure forces Cathay jet to turn back

China Southern committed to Airbus orders: report

Asia gets new budget airline eyeing Chinese flyers

South Africa, Singapore airlines fined for price-fixing

CAR TECH
Quantum information motion control is now improved

Australian WiFi inventors win US legal battle

Researchers discover a new path for light through metal

More energy efficient transistors through quantum tunneling

CAR TECH
NASA Sees Fields of Green Spring up in Saudi Arabia

Checking CryoSat reveals rising Antarctic blue ice

West Antarctic Ice Shelves Tearing Apart at the Seams

Signs of thawing permafrost revealed from space

CAR TECH
35,000 gallons of prevention

State of the planet

Oil from Deepwater Horizon disaster entered food chain in the Gulf of Mexico

Study shows air emissions near fracking sites may impact health


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement