January new vehicle retail sales continue to show the strength of strong 2011 near

Posted on January 26, 2012 by Admin

* JD Power and LMC report automotive: January-new vehicle retail sales showing continued strength of the strong 2011 close *

* WESTLAKE VILLAGE, California: January 25, 2011 *-January retail sales performance of new-vehicle abating fears any reversal of a strong close by 2011, according to monthly sales forecasts developed by j.d. power and Associates ® power information networks (PINS) and automotive LMC.

New vehicle retail sales projected to go in January 681,000 units, an increase of 6 per cent from January 2011. This represents an annual rate seasonally adjusted (SAAR) of 6.8 million units, which is lower than the level of sales in December 2011 but above January 2011. Retail transaction is the most accurate measurement of the true underlying consumer demand for new vehicles.

January sales maintain the momentum gained in December 2011. Gaining traction in 2011, ending on a high note for retail and light vehicle sales total, bringing to 2012 and build the Foundation for a strong sales this year.

Posted in Automotive | Comments Off

BMW Mini car brand recall 89000 over water pump broke down

Posted on January 21, 2012 by Admin

Nearly 89,000 Mini car brands, including the Mini Cooper vehicles, which are given in the us because of broken water pump that can function and potentially cause the engine compartment fires.

Recall comes some three months after the National Highway Traffic Safety Administration opened a defects investigation, citing reports of fires in vehicles 12 produced by BMW.

Five of the fires reportedly destroyed the car, according to NHTSA documents. BMW said it was aware of the injury or accidents caused by the pump malfunctions.

Vehicles as including seven model Mini series, began the 2007-2011 model year. The company is recalling 235,535 around the world, including the car 88,911 in the United States

Posted in Autos Brand | Comments Off

Mercedes

Posted on January 16, 2012 by Admin

Mercedes-Benz SLS AMG GT3 super sports car driven by the Abu Dhabi Black Falcon Motorsport team and 1-HEICO placed 2-3 in the race to Dubai 24 hours which took place 12-14 January 2012. Team Abu Dhabi Black Falcon claim victory with drivers Thomas Jäger (GER), Sean Edwards (ENG), Jeroen Bleekemolen (NED) and Khaled Al Qubaisi (UAE). After setting a new distance record of 628 final drivers race lap, Al Qubaisi drove Gullwing with starting number 3 at the finish line. It was also the first girl to win Mercedes-Benz SLS AMG GT3 in a 24-hour race.

All four Mercedes-Benz SLS AMG GT3s puts a mark on the Dubai 24 hours by showing a performance rule from the beginning. In the field of car 72, Gullwings are among the fastest entry soon. Having started from 15th place on the grid, Abu Dhabi Black Falcon SLS AMG GT3 moved into the lead for the first time after two hours. A consistent fast laps also allowed other to fast-paced Gullwings to the ranks of the front-runners as well.

During the night, the team of the AMG sports program keeps their customers mostly trouble-free runs on sanctioned 5.39 km Motorsports circuit Grand Prix long, keeping them round quickly and some back and forth in the lead. After a third of the race, with starting number 3 Gullwing is finally taking over the lead and held it until it crossed the finish line.

Posted in Autos Brand | Comments Off

Auto insurance company can beat the banks at their own game?

Posted on January 11, 2012 by Admin

During this recession, it seems like everyone is taking a financial hit-look forward to big banks. In fact, when they got themselves into a pickle, the Government bailed them out. So why the trend recently charging banks charge customers to use their debit card? The Bank says this is because the law changes restricting what they can charge retailers per transaction. Looking to re-coup some people lose profits, the bank put the burden back on their customers.

Free Debit Card – instead of looking at charging customers to use their debit card, state farm has announced they will debit cards continues to have no monthly fees or minimum purchase requirements.

Free account-many banks require a condition to check them out for free, making it more difficult to get a free account. State Farm Bank still offered an account with no monthly fees and no minimum balance requirements.

Posted in Auto Insurance | Comments Off

Top 10 automobile stocks with highest upside: CAAS, SORL, MPAA, XIDE, Mtor

Posted on January 6, 2012 by Admin

Sorl Auto Parts, Inc. (NASDAQ: SORL) has the highest upside potential in 1 this market segment. The upside is 148.3%. Consensus target price is $ 5.93 based on an average of all forecasts. Motorcar Parts of America, Inc. (NASDAQ: MPAA) has the highest upside potential in this market segment. The upside is 129.9%. Consensus target price is $ 16.00 is based on the average of all forecasts. China Automotive Systems, Inc. (NASDAQ: CAAS) has the highest upside potential in 3 segments of this market. The upside is 124.1%. Consensus target price is $ 11.25 is based on the average of all forecasts. Exide Technologies (NASDAQ: XIDE) has the highest upside potential in the 4th segment of this market. The upside is 106.0%. Consensus target price is $ 6.57 based on an average of all forecasts. Meritor Inc. (NYSE: MTOR) has the highest upside potential in the fifth segment of this market. The upside is 105.9%. Consensus target price is $ 13.48 is based on the average of all forecasts.

Accuride Corporation (NYSE: ACW) has the highest upside potential in 6 segments of this market. The upside was 50.3%. Consensus target price is $ 12.67 is based on the average of all forecasts. Miller Industries, Inc. (NYSE: MLR) has the highest upside potential in 7 segments of this market. Its upside is 73.3%. Consensus target price is $ 27.00 is based on the average of all forecasts. Modine Manufacturing Co. (NYSE: MOD) has 8 highest upside potential in this market segment. The upside is 66.5%. Consensus target price is $ 17.50 is based on the average of all forecasts. International Tower (NYSE: TOWR) has the highest upside potential in nine segments of this market. Its upside is 58.5%. Consensus target price is $ 18.67 is based on the average of all forecasts. TRW Automotive Holdings Corp. (NYSE: TRW) has 10 highest upside down potential in this market segment. The upside is 63.2%. Consensus target price is $ 55.87 is based on the average of all forecasts.

Posted in Automotive | Comments Off