Inside the Industry

Toyota passes 3 million mark in performing recall remedies

(May 8, 2010) TORRANCE, Calif. — Toyota this past week provided a report on the significant progress that has been made to modify recalled Toyota and Lexus vehicles. To date, more than three million remedies have been performed for three recent recalls, including approximately:

• 1.6 million to address the potential for sticking accelerator pedals,

12 Chevrolet models will get six-speed automatics for 2011

(May 7, 2010) With the introduction of the all-new Chevrolet Cruze, 12 Chevrolet models will be offered with fuel-saving, six-speed automatic transmissions. Chevrolet has quickly become a leader in six-speed automatics, which will be available on 75 percent of all Chevrolet cars, trucks, SUVs and crossovers for 2011. Compared to traditional four-speed automatics, six-speed automatics offer consumers up to four percent better fuel economy, and smoother, more responsive vehicle performance.

“Our advanced six-speed transmissions offer customers wide-ranging benefits,” said Charlie Klein, Director, GM Global Mass, Energy and Aerodynamics, “including reduced cost of ownership, improved vehicle performance, lower CO2 emissions, and a lesser dependence on foreign oil. As such, the wide availability of six-speed transmissions is a real advantage for Chevrolet customers.”

Consumer Reports lifts its 'don't buy' label from Lexus GX 460

(May 7, 2010) Consumer Reports has lifted its “don’t buy” label from the 2010 Lexus GX 460 SUV.

The magazine said in a statement Thursday that the handling issue it identified during testing was corrected after Lexus developed software for the SUV’s electronic stability control system. GX 460 owners have been asked to bring their vehicles in for repairs.

German plant builds its 6 millionth Ford Fiesta

 COLOGNE, Germany — The Ford Fiesta, Europe's top-selling car in the first quarter of 2010, set another record Tuesday at the Ford Niehl Assembly Plant in Cologne, Germany.

Cadillac CTS-V named '2010 Car of Texas;' Ford wins four awards at Challenge

(May 6, 2010) FORT WORTH, Texas — The Cadillac CTS-V was named the 2010 Car of Texas by the Texas Auto Writers Association after topping the competition this week at the group’s Spring Challenge.The Challenge, which featured about 70 cars, was staged at the Texas Motor Speedway.

The event pitted the newest models in the U.S. market against each other in a series of test drives. About 40 auto writers participated in this year’s event and voted on their favorite cars in a variety of categories.

Advocacy Group files complaint over GM 'loan payback' ad

(May 5, 2010) NEW YORK — General Motors's controversial commercial featuring CEO Ed Whitacre has prompted advocacy group Competitive Enterprise Institute to file a complaint with the Federal Trade Commission, charging GM with deceptive advertising, according to Advertising Age.

Ford extends its sales winning streak; industry sales up 20 percent over April 2009

(May 5, 2010) Nissan, Ford and Chrysler Group led the U.S. industry to a 20 percent sales gain in April as demand continued to recover from last year's collapse.

Overall sales rose to 982,302 from 819,692 a year earlier. The seasonally adjusted annual sales rate was 11.5 million, the second strongest of the year behind March's 11.7 million.

Nissan expects to book 25,000 U.S. orders for its Leaf electric car

(May 1, 2010) Nissan said on Thursday it is on track to book 25,000 U.S. orders for its Leaf electric vehicle by the end of the year and the automaker will be making money on the green car.

Nissan has taken 8,000 U.S. reservations for the hatchback, set to go on sale in the United States in December, since it started taking orders nine days ago, Mark Perry, Nissan's North America director of product planning and strategy, told Reuters on the sidelines of an industry conference.

Honda to recall 2004-2008 Acura TSX sedans for power steering problem

(May 1, 2010) Honda will recall 167,255  Acura TSX sedans sold in the U.S. market to address the risk that power steering fluid could leak and cause an under-the-hood fire.

The recall, covering 2004-2008 model year Acura TSX vehicles with 2.4-liter inline four-cylinder engines, comes after one fire was reported due to leaking fluid.

Honda and U.S. safety regulators said that over time power steering hoses may crack and leak.

Chevrolet Camaro, other Chevrolet models to go on sale in South Korea

(April 30, 2010) Chevrolet, General Motors' leading global vehicle brand, will be introduced in Korea in 2011. GM Daewoo Auto & Technology President and CEO Mike Arcamone made the announcement today at a press conference held in conjunction with the opening of the Busan International Motor Show.