Rising gasoline prices have some owners of large and midsize trucks trading to smaller vehicles, according to J.D. Power and Associates, which uses real-time retail transaction data from its Power Information Network (PIN) to gather figures. In a recent press release, it said gasoline prices have surged more than $.20 in recent weeks to a record nationwide average of $3.10 per gallon, surpassing the previous record of $3.07 per gallon set in September 2005, according to the U.S. Energy Information Administration (EIA).
Despite pumped-up production schedules in recent weeks, North American June output will trail last year’s pace by 8.3%, according to a recent WardsAuto.com article. Ward’s Auto forecasts manufacturers will assemble 1,394,600 vehicles next month based on 21 production days, somewhat under the industry’s planned 1,403,000 units. Output in like-2006 totaled 1,521,101 units, with one additional production day.
Magazine publisher Primedia said on Monday it will sell its Enthusiast Media division, which includes popular automotive magazines like Motor Trend, Automobile, and Hot Rod, to Source Interlink for $1.2 billion. According to a Reuters report, the all-cash deal is expected to close in the third quarter and will zero out Primedia’s debt.
In a move that had been hinted at for weeks, DaimlerChrysler AG divested itself from the bulk of its investment in Chrysler, handing over an 80.1% share of the company to the New York-based private equity firm Cerberus Capital Management, according to a Bloomberg report.
SEMA members are located in each of the 436 Congressional districts (435 plus District of Columbia).
Nine California districts, as well as Rep. Joe Knollenberg's in Michigan, make it on the top ten list of Congressional districts in terms of number of SEMA members.
Heading the list is Congressional Automotive Performance and Motorsports Cacucus member Dana Rohrabacher's district with one hundred and twelve SEMA members.
Truck Accessories Group has signed on as the first Gold Sponsor of the SEMA Installation Banquet and Gala Fundraiser Supported by DUB magazine, Presented by Advanstar. Truck Accessories Group includes popular brands Leer, Century, Raider, Pace Edwards, and State Wide Aluminum.
With a new high-performance Nissan 350Z on the way, offered through the automaker’s NISMO performance division, we take a look at the most popular parts for the standard 350Z and its upmarket sibling, the Infiniti G35.
Between April 11-May 10, 350Z enthusiasts spent $601,282 on parts and accessories while their G35 counterparts shelled out $484,894 via online auction, according to data from Terapeak, a developer of market-focused research software that monitors online sales and auctions.
Filler for eNews
Filler for eNews
Brenda Priddy was the first to bring us quality (non-camera-phone) photos of Honda’s sporty Accord coupe, and now they have the very first pictures of the sedan!
According to Brenda Priddy & Company, with similar—but not identical shapes, and different textures (no honeycomb grille on these sedans)—it was easy to tell exactly what we were looking at in our rear-view mirror.
The new Accords will reach the production line this coming September or October, with the first shipments to dealers shortly afterwards.