2008/09/03

Toyota Trims '09 Outlook, Plans Electric Car

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September 03, 2008
Autos Insider Newsletter Your weekly insight into the world of autos

Toyota Trims '09 Outlook, Plans Electric Car

Chrysler Crunch Hits the Viper

Chrysler needs to raise cash and could sell its high-performance Viper marque, and sales of other assets could follow

Drive an Expensive Import? You Probably Lease It

Leases are falling out of favor, which is bad for import brands. They depend on leases to put people in cars they otherwise couldn't afford
Slide Show: America's Most Leased Cars

Fuel Prices Drive UK Cars off the Road

Motorway traffic in Britain fell by 12% in the first six months of 2008, the first drop since congestion has been measured

Mahindra: Still Delayed

One big reason for the delay of the Indian pickup is the high price of diesel fuel-and all Mahindra's trucks are diesel

Chevy Corvette ZR1: GM's Ferrari

Who says America can't build a supercar? You wouldn't if you drove this insanely great Vette
Slide Show: 2009 Chevrolet Corvette ZR1

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Inside: This Week in Autos

You know the auto industry is in bad shape when even mighty Toyota needs to slash its sales outlook. This week President Katsuaki Watanabe said the company now expects to sell 9.7 million vehicles in 2009, down from a previous figure of 10.4 million. Still, as Tokyo correspondent Ian Rowley points out that would be 200,000 higher than 2008 and highlighted the growing importance of emerging markets to the company's long-term growth plans. Speaking of emerging markets, it is now appearing likely that Chrysler will shop its high-performance Viper marque. Possible buyers include foreign auto companies looking to add a sexy halo car to its line up. Elsewhere this week we looked at the most leased cars in the U.S. and, surprise, discovered they are all luxury imports, and blogged about the ongoing delay of bringing Mahindra and Mahindra pickups to the U.S. market. Last, we reviewed the truly awe-inspiring Chevy Corvette ZR1, which proves that America really can build a world-class supercar.
Charles DuBow
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Reader Poll: Special Issue

Trouble at the office? In surveys, blogs, polls, and social media, BusinessWeek collaborated with readers to identify problems at work. Together we found answers.

IN YOUR FACE: THE FUTURE OF PUBLISHING

Reader Thad McIlroy Writes:

"There's no harm in eBooks per se, but to imagine that they represent anything like the salvation of the future of book publishing is techno-optimism at it's most extreme."

If there is a concern among executives at Mahindra, and U.S. distributor Global Vehicles, it is the continuing high price of diesel in the U.S. All of Mahindra's vehicles are diesels, and expected to get around 30 mpg. Diesel today, nationally, is about $4.15 per gallon on average, compared with $3.69 for gasoline.

The aerodynamic 1971 512 M was the fastest car Ferrari had ever built, capable of speeds in excess of 235 mph

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2008/09/03