August 2012

Auto manufacturers, governors to discuss natural gas vehicles

(August 8, 2012) OKLAHOMA CITY — Representatives from the nation's auto manufacturers, including the Big Three, are in Oklahoma City today to meet with Oklahoma Governor Mary Fallin and procurement experts to ask questions surrounding a recently issued multi-state request for proposal (RFP) on compressed natural gas vehicles.

Substantial growth in orders for natural gas fuel systems seen

(August 7, 2012) IRVINE, Calif. — Quantum Fuel Systems Technologies — a global leader in alternative fuel systems and clean propulsion technologies for automotive applications, including natural gas, hybrid/electric and hydrogen systems — today announced that during the year-to-date period ending July 31, orders for its CNG fuel systems increased nearly four-fold compared to orders received during the same period in 2011.

Study finds self-driving cars may spell dramatic change in auto industry

(August 7, 2012) DETROIT — For the past hundred years, innovation within the automotive sector has brought major technological advances, leading to safer, cleaner, and more affordable vehicles. But for the most part, since Henry Ford introduced the moving assembly line, the changes have been incremental, evolutionary.

Mercedes-Benz S-Class tops annual Ideal Vehicle Awards

(August 3, 2012) IRVINE, Calif. — Automotive research and consulting firm AutoPacific and Autobytel Inc. have announced that the Mercedes-Benz S-Class is the overall winner in the 2012 Ideal Vehicle Awards (IVAs). Established in 2006, the IVAs recognize the cars that meet their owner's expectations and desires about their automotive purchases.

GM surprises industry with lower incentives in July

(August 2, 2012) SANTA MONICA, Calif. — Car incentives remained relatively stable in July reports Edmunds.com, but the stability of General Motors stands out the most, following the company's heavily publicized marketing program launched earlier last month.

Honda, Toyota transaction prices remain high

(August 1, 2012) SANTA MONICA, Calif. — TrueCar.com estimated today that the average transaction price for light vehicles in the United States was $30,369 in July 2012, up $487 (1.6 percent) from July 2011 and down $139 (0.5 percent) from June 2012.

Stick shifts make temporary comeback, says Edmunds.com

(August 1, 2012) SANTA MONICA, Calif. — Seven percent of new cars sold this year have manual transmission, reports Edmunds.com, the premier online resource for automotive information. The figure is a far cry from 20 years ago when one out of every four cars sold were manually operated, but it's a big jump from a rate of 3.9 percent last year, and is on pace for the highest rate of manual vehicle purchases since 2006.