Date:
Tue, August 29, 2006 10:35:18 PMFrom:
DailyEdition@thecarconnection.com
Subject:
Daily Auto News: Aug. 30, 2006
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Daily Auto News: Aug. 30, 2006
GM Adds Spiffs
GM Plans Diesel Expansion by Joseph Szczesny
(8/28/2006)
General Motors on Tuesday put cash rebates that range from
$500 to $1,500 on many of its 2006 and 2007 models. In most cases, the rebates
are in addition to low-interest financing programs GM has been offering. The
one-week program, timed to coincide with the Labor Day holiday, started today
and is scheduled to end Tuesday, Sept. 5. In general, the bonus rebates are $500
for cars, $1000 for pickups and crossovers and $1500 for SUVs. Hot sellers like
Pontiac Solstice, Chevy Suburban and HUMMER H3 are excluded from the program.-Jim Burt
Fuel-frugal powertrains no longer a dirty idea at GM.
Suzuki Prices XL7, SX4
Suzuki says its new XL7 and SX4 crossover vehicles, large
and small, will carry base prices of $22,899 and $14,999 when they go on sale.
The larger XL7, a derivative of the GM Equinox/Torrent platform, carries an MSRP
of $22,899 and comes with a standard 3.6-liter V-6 with 252, along with front
and side curtain airbags, anti-lock brakes and stability control. Three trim
levels are offered, as are either five- or seven-seat capacity; all-wheel drive
is an option. The smaller SX4 has a base price of $14,999 and carries a 143-hp
four as standard equipment along with all-wheel drive. Six airbags are standard,
along with anti-lock brakes and a CD player with MP3
capability.
MORE ON
XL7:
2006 New York Auto Show, Part
V by Marty Padgett
(4/17/2006)
Hyundai Elantra, Honda Element SC and Suzuki XL7.
Museum Hawk: Auburn-Cord-Duesenberg
Despite the limited production not only of Cords but its
sister Auburns and mighty Duesenbergs, there's a bright corner of mid-America
where you can view a plethora of them in all their glory - and right in the
factory home of the Auburn-Cord-Duesenberg company in Auburn, Indiana. The A-C-D
Museum, owned by the non-profit Auburn Automotive Heritage, Inc., dates to
formation of the organization in 1969 by local volunteers and contributions as
well by members of the ACD Club. The museum opened to the public in 1974.
Indeed, as far as I know, this is the only significant marque-special car museum
located in the original factory.
And from August 31 through September 4, the Museum and community will celebrate the 50th anniversary of the ACD Festival. Included will be the 51st National Reunion of the ACD Club - so there will be lots more glorious cars to see - and a collector-car auction conducted by Kruse from August 31 to September 5.
The American auto industry is hurting-and two authors say
they know why. Charlie Hughes, former head of Land Rover and Mazda, and veteran
auto journalist William Jeanes, both friends of the house, outline the failures
of the domestic industry in Branding
Iron, a new book about "the devaluing of American auto brands, the
pitfalls of following conventional wisdom and the need for courage to build a
world class brand in an over-branded world." Hughes and Jeanes boil the
domestic's downfall down and give a precise recipe for recovery, including
differentiation, brand-centric cultures, new and innovative products, and above
all, passion.
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FROM THE SOURCE headlines from the latest press releases
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| Name | Symbol | Last | Change |
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| Autobytel, Inc. | ABTL | 2.77 | |
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| Autoliv Inc. | ALV | 56.75 | |
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| AutoNation Inc. | AN | 19.37 | |
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| ArvinMeritor Inc. | ARM | 14.66 | |
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| American Axle & Mfr. Holdings Inc. | AXL | 15.68 | |
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| Ballard Power Systems Inc. | BLDP | 6.12 | |
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| BorgWarner Inc. | BWA | 56.11 | |
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| Cummins Inc. | CMI | 114.99 | |
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| DaimlerChrysler AG (ADR) | DCX | 52.80 | |
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| Dura Automotive Systems | DRRA | 0.433 | |
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| Eaton Corporation | ETN | 65.69 | |
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| Ford Motor Company | F | 8.26 | |
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| General Motors Corporation | GM | 29.45 | |
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| Gentex Corporation | GNTX | 14.44 | |
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| Goodyear Tire & Rubber | GT | 13.22 | |
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| Honda Motor Co. Ltd. (ADR) | HMC | 33.88 | |
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| Johnson Controls Inc. | JCI | 70.71 | |
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| Lear Corporation | LEA | 19.43 | |
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| Magna International Inc. | MGA | 72.01 | |
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| Motorola Inc. | MOT | 23.44 | |
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| Nissan Motor Co. Ltd. (ADR) | NSANY | 22.44 | |
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| Sonic Automotive Inc. | SAH | 21.16 | |
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| Siemens AG | SI | 85.11 | |
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| Sirius Satellite Radio | SIRI | 4.09 | |
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| Toyota Motor Corporation (ADR) | TM | 108.03 | |
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| TRW Automotive Holdings | TRW | 24.10 | |
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| Tower Automotive Inc. | TWRAQ.PK | 0.095 | |
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| United Auto Group Inc. | UAG | 20.38 | |
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| Visteon Corporation | VC | 8.32 | |
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| XM Satellite Radio Hold. | XMSR | 12.81 | |
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You'll find lots more at TheCarConnection.com, including service tips from our resident gearhead Bob Weber; buying, selling, and leasing tips; recall and safety links; and a wide range of news, views, and reviews from the automotive world's top columnists.

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