Date:
Thu, September 21, 2006 10:35:24 PMFrom:
DailyEdition@thecarconnection.com
Subject:
Daily Auto News: Sep. 22, 2006
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Daily Auto News: Sep. 22, 2006
TheCarConnection Drives: 2007 Chrysler
Sebring
The new Chrysler Sebring's task is to
unseat some shoppers from the Honda Accord and the best-selling Toyota Camry and
put their backsides in a Chrysler instead. That may explain the Sebring's
grabber styling and long list of options, but does it mean that Chrysler's now
reached the same lofty plateau of its Japanese competitors? Or for that matter,
of the Ford Fusion? Ride along with TheCarConnection today as we test drive the
new Sebring four-door.
Ford's Paris List: Mondeo, Ranger, Galaxy
Ford's showing at next week's
Also on Ford's list is the new
Galaxy minivan, which no longer shares anything with the VW Sharan; the
production version of the left-drive Focus Coupe-Cabriolet; and a new Ranger
pickup for Europe, unrelated to the
TheCarConnection previews the Paris show
VW Touareg
Reskin Coming for
Volkswagen's lightly
reskinned Touareg will have its first public viewing at the
Check out Volkswagen's rocking IROC concept coupe
S&P
Calls GM-Renault/Nissan
That big Detroit-Paris-Tokyo dalliance won't lead to an alliance, predicts the financial analysts at Standard & Poor's. S&P says that the "execution risk" over a potential deal linking General Motors to Renault/Nissan was too high and thus, any three-way hookup between the companies was unlikely. Talks on the potential get-together have been stalled, though a status report on the talks is due by mid-October. S&P also said that GM could be downgraded again if it fails to execute its plan to sell a stake in its finance arm, GMAC.
Lexus Sales Inching Higher
Toyota Motor Co.'s luxury Lexus Division expects to deliver about 30,000 units of the LS460 luxury sedan next year, according to Bob Carter, general manager of Toyota Motor Sales U.S.A.
Carter said during a briefing in
Earlier this
week,
Carter also said Lexus
hopes to use the long-wheel-base version of the LS 460 to move into the prestige
luxury segment where cars now sell for more than $70,000 and where the dominant
brands are European makes such as Mercedes-Benz, Maserati, Bentley and Porsche.
"The air in the premium segment is pretty rare," said Carter. However, Lexus believes it has to move into the segment to protect to satisfy its customers and to win new ones, said Carter, who added that sales in the prestige segment have doubled in the past five years.
"Let's face it, we haven't been on those buyers' shopping lists," Carter said.
Carter also said Lexus plans to market its Lexus LS600h hybrid as a prestige vehicle even though it will account for a relatively small share of the sales from the LS family.
Sales of luxury consumer goods,
including automobiles, are expected to grow by 15 percent annually in
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FROM THE SOURCE headlines from the latest press releases
Camp Jeep Offers Auto Show Visitors an Adventure
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| Name | Symbol | Last | Change |
![]() | |||
| Autobytel, Inc. | ABTL | 3.07 | |
![]() | |||
| Autoliv Inc. | ALV | 53.77 | |
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| AutoNation Inc. | AN | 20.14 | |
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| ArvinMeritor Inc. | ARM | 13.89 | |
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| American Axle & Mfr. Holdings Inc. | AXL | 16.06 | |
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| Ballard Power Systems Inc. | BLDP | 5.21 | |
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| BorgWarner Inc. | BWA | 54.49 | |
![]() | |||
| Cummins Inc. | CMI | 112.67 | |
![]() | |||
| DaimlerChrysler AG (ADR) | DCX | 50.00 | |
![]() | |||
| Dura Automotive Systems | DRRA | 0.27 | |
![]() | |||
| Eaton Corporation | ETN | 67.99 | |
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| Ford Motor Company | F | 7.76 | |
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| General Motors Corporation | GM | 30.96 | |
![]() | |||
| Gentex Corporation | GNTX | 14.14 | |
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| Goodyear Tire & Rubber | GT | 14.22 | |
![]() | |||
| Honda Motor Co. Ltd. (ADR) | HMC | 33.07 | |
![]() | |||
| Johnson Controls Inc. | JCI | 69.19 | |
![]() | |||
| Lear Corporation | LEA | 18.61 | |
![]() | |||
| Magna International Inc. | MGA | 71.36 | |
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| Motorola Inc. | MOT | 25.13 | |
![]() | |||
| Nissan Motor Co. Ltd. (ADR) | NSANY | 22.63 | |
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| Sonic Automotive Inc. | SAH | 22.60 | |
![]() | |||
| Siemens AG | SI | 85.73 | |
![]() | |||
| Sirius Satellite Radio | SIRI | 3.95 | |
![]() | |||
| Toyota Motor Corporation (ADR) | TM | 108.03 | |
![]() | |||
| TRW Automotive Holdings | TRW | 23.92 | |
![]() | |||
| Tower Automotive Inc. | TWRAQ.PK | 0.078 | |
![]() | |||
| United Auto Group Inc. | UAG | 22.60 | |
![]() | |||
| Visteon Corporation | VC | 9.05 | |
![]() | |||
| XM Satellite Radio Hold. | XMSR | 13.51 | |
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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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