Sportier appearance and better handling: KW coilover suspension V3 for Opel GT
* Racing-technology for the road
* Customised lowering of suspension up to 45 mm
* Coilover suspensions produced in stainless steel "inox-line" technology
"Only flying is more beautiful" was the old commercial slogan in the late 1960s, when the first Opel GT was presented to the public. In terms of driving dynamics there are worlds between the new generation of the Opel GT and its predecessor. And there are even more between them, if you use a KW coilover suspension V3. With it one can lower the car in a range from 20 to 40 mm at the front axle and from 20 to 45 mm at the rear. The KW coilover suspension V3 for the Opel GT is available with immediate effect.
KW coilover suspensions - 3 damping variants for every type of driver
Coilover suspension V1 with preset damper setting permits customised lowering of the suspension and creates an optimised balance of sportiness, comfort and safety. Damping variant V2 is the ideal system for sporty drivers, who also wish to make modifications in the set-up to achieve a more customised lowering of the suspension. Thanks to the adjustable rebound damping, it is possible to adapt the driving comfort to suit the driver's personal taste.
With its separately adjustable pressure and rebound damping functions, coilover suspension V3 permits an even higher degree of customisation to the suspension and provides the perfect solution for those truly technically demanding drivers.
All KW coilover suspensions are produced in the unique stainless steel "inox line" technology. This assures the extremely high quality and durability of the suspensions plus a long-lasting perfect finish to match.
* Racing-technology for the road
* Customised lowering of suspension up to 45 mm
* Coilover suspensions produced in stainless steel "inox-line" technology
"Only flying is more beautiful" was the old commercial slogan in the late 1960s, when the first Opel GT was presented to the public. In terms of driving dynamics there are worlds between the new generation of the Opel GT and its predecessor. And there are even more between them, if you use a KW coilover suspension V3. With it one can lower the car in a range from 20 to 40 mm at the front axle and from 20 to 45 mm at the rear. The KW coilover suspension V3 for the Opel GT is available with immediate effect.
KW coilover suspensions - 3 damping variants for every type of driver
Coilover suspension V1 with preset damper setting permits customised lowering of the suspension and creates an optimised balance of sportiness, comfort and safety. Damping variant V2 is the ideal system for sporty drivers, who also wish to make modifications in the set-up to achieve a more customised lowering of the suspension. Thanks to the adjustable rebound damping, it is possible to adapt the driving comfort to suit the driver's personal taste.
With its separately adjustable pressure and rebound damping functions, coilover suspension V3 permits an even higher degree of customisation to the suspension and provides the perfect solution for those truly technically demanding drivers.
All KW coilover suspensions are produced in the unique stainless steel "inox line" technology. This assures the extremely high quality and durability of the suspensions plus a long-lasting perfect finish to match.
An open roof sportscar in a tailor-made suit: The Abt TT Roadster
Before the first preliminary designs were published, it was clear that the leading Audi tuner Abt Sportsline planned to cause a sensation with the new Audi TT, as the first TT is one of the favourite cars of the Kempten-based company with a long tradition. And this is due to the fact that the race version of the Sports Coupe 2002 won a lot of DTM (German Touring Car Series) races.
Therefore it is only logical that, after the extravagant TT-Sport and TT-R, also the TT Roadster, which is already exquisitely beautiful as serial car, gets a special treatment in the Allgaeu: the designer from Abt Sportsline developed car body parts with which the open-roof TT becomes more danymical. Thus, the front skirt with its grid element emphasizes the area around the fog lights and the single-frame grill. The brawny laterally attached parts underline the design of the convertible and create a unit with the striking rear section of the car. There the rear skirt inset and the rear wing, providing additional down force, are the central elements. Also the 4-pipe rear muffler, which perfectly harmonizes with the rear skirt inset and its integrated rear diffuser, belongs to the distinctive rear view of the Abt TT Roadster.
The TT Roadster from Abt is an absolutely successful open-roof sportscar, a design masterpiece for ambitious pilots. Therefore, Abt Sportsline offers a number of power upgrade packages. The highlight of the product range is - similar to the Coupe - the TT-R with the VR6 3.2 K. The supercharger aggregate provides 355 hp (262 kW) and accelerates the car in about 5 sec. from standstill to 100 km/h. But also the other versions are extremely sporty. No matter if VR6 3.2 or 2.0 T-FSI engine, an Abt TT Roadster is always fast. For the favoured 2 liters Turbo FSI, Abt offers a power upgrade from 240 hp (177 kW) with special iS technology, sparing purse and environment, up to powerful 300 hp (221 kW). Matching to the always enormous propulsion of the TT Roadster: Abt suspension kit. For more security in ticklish situations cares the Abt sports brake system with its huge disc diameters of 380x34 millimeters.
To perfectly round off the dynamical and powerful appearance of the TT Roadster, Abt recommends the wheels AR 19 and SP1 in the size 19 inch, as well as the one inch bigger wheel AR20.
Before the first preliminary designs were published, it was clear that the leading Audi tuner Abt Sportsline planned to cause a sensation with the new Audi TT, as the first TT is one of the favourite cars of the Kempten-based company with a long tradition. And this is due to the fact that the race version of the Sports Coupe 2002 won a lot of DTM (German Touring Car Series) races.
Therefore it is only logical that, after the extravagant TT-Sport and TT-R, also the TT Roadster, which is already exquisitely beautiful as serial car, gets a special treatment in the Allgaeu: the designer from Abt Sportsline developed car body parts with which the open-roof TT becomes more danymical. Thus, the front skirt with its grid element emphasizes the area around the fog lights and the single-frame grill. The brawny laterally attached parts underline the design of the convertible and create a unit with the striking rear section of the car. There the rear skirt inset and the rear wing, providing additional down force, are the central elements. Also the 4-pipe rear muffler, which perfectly harmonizes with the rear skirt inset and its integrated rear diffuser, belongs to the distinctive rear view of the Abt TT Roadster.
The TT Roadster from Abt is an absolutely successful open-roof sportscar, a design masterpiece for ambitious pilots. Therefore, Abt Sportsline offers a number of power upgrade packages. The highlight of the product range is - similar to the Coupe - the TT-R with the VR6 3.2 K. The supercharger aggregate provides 355 hp (262 kW) and accelerates the car in about 5 sec. from standstill to 100 km/h. But also the other versions are extremely sporty. No matter if VR6 3.2 or 2.0 T-FSI engine, an Abt TT Roadster is always fast. For the favoured 2 liters Turbo FSI, Abt offers a power upgrade from 240 hp (177 kW) with special iS technology, sparing purse and environment, up to powerful 300 hp (221 kW). Matching to the always enormous propulsion of the TT Roadster: Abt suspension kit. For more security in ticklish situations cares the Abt sports brake system with its huge disc diameters of 380x34 millimeters.
To perfectly round off the dynamical and powerful appearance of the TT Roadster, Abt recommends the wheels AR 19 and SP1 in the size 19 inch, as well as the one inch bigger wheel AR20.
Aston Martin Launches the V8 Vantage Roadster
Los Angeles - Aston Martin will unveil one of the most eagerly anticipated convertibles of the year when the V8 Vantage Roadster is revealed at the 2006 Los Angeles Auto Show on Wednesday 29th November.
Aston Martin Chairman and Chief Executive Officer, Dr Ulrich Bez said: “The V8 Vantage Roadster is a pure sports car, a car that heightens the senses and provides a dynamically thrilling driving experience.
“The Vantage Roadster adds to the unbeatable thrill of open air motoring and by combining engineering excellence, technological innovation and physical perfection, will ensure every journey is one to remember.”
Perfectly proportioned, with a low purposeful stance, the Vantage Roadster is uncompromisingly modern yet also incorporates classic Aston Martin design cues. The elegant lines are fused with traditional craftsmanship and striking 21st century style, with an interior hand-trimmed and finished in the finest quality genuine materials.
The Vantage Roadster will be built at Aston Martin’s global headquarters at Gaydon, near Warwickshire in the UK, joining the current Aston Martin line-up. This now comprises the flagship Vanquish S, the elegant DB9 and the agile V8 Vantage Coupe.
Design
The design of the Vantage Roadster is elegant and uncompromising, a single fluid form with characteristic attention to detail, both inside and out, representing the open sports car in its purest form.
The Vantage Roadster represents the latest evolution of Aston Martin's synthesis of craft and technology. From the beautifully hand stitched leather seats to the hand-finished bodies, to the ultra-modern Aston Martin V8 engine, hand-assembled at a dedicated, high-technology facility in Cologne, Germany, the Vantage Roadster is an exclusive, advanced and uniquely desirable sports car.
The three-layer fabric hood gives a taut, aggressive appearance when closed and when folded, the flow from front to rear is smooth and elegant, enhanced by the leather speed humps that create a unique transition between interior and exterior. Even in convertible form the Roadster retains the critically acclaimed design of the Vantage Coupe. The hood is stowed neatly beneath the rear tonneau cover and is either opened or closed at the press of a button located on the centre console, in just 18 seconds, and at speeds of up to 30mph (50km/h) with no manual intervention required.
Offered with an imaginative combination of different leathers, contemporary fabrics and aluminium, Vantage Roadster customers will have an extensive choice of body and trim colours from which to choose.
Performance
Developed from the outset alongside the V8 Vantage Coupe which was launched in 2005, the Roadster shares the unique-to-Aston Martin bonded aluminium VH (Vertical Horizontal) architecture – the backbone to all modern Aston Martins. Adding to this structure sophisticated materials such as lightweight alloys, magnesium and advanced composites are used for the body, further contributing to the car's low weight and high rigidity.
Driver and passenger sit low, close to the car's centre of gravity, where they can feel the car reacting to the input of the driver – a special sensation, usually only experienced in racing cars – providing a direct and sporting connection between car and driver.
Despite the additional mechanism associated with the Vantage Roadster’s convertible roof and the additional body stiffness, Aston Martin’s engineering team have ensured only a minimal weight increase to preserve the agile and sporting characteristics of the V8 Vantage Coupe. At just 4.38 metres (172.5 in) long, Vantage Roadster remains not only the smallest model in the Aston Martin range but also one of the leanest cars in its class.
The Vantage Roadster delivers exceptional performance with careful development and engineering ensuring that the Roadster equals the achievements of its Coupe sibling, with 0-100 km/h (62 mph) achieved in 5.0 seconds (0-60 mph in 4.9 seconds) and a potential maximum speed of 280 km/h (175 mph).
Vantage Roadster will be available with two transmission alternatives from launch. Offered as standard is the fast-shifting, six-speed Graziano conventional stick-shift manual gearbox, with ratios perfectly matched to the performance of the V8 engine. This is joined by Aston Martin's new Sportshift automated manual transmission – an ultra-quick system that provides the driver with heightened precision via fingertip control of gear changes using paddles to progress smoothly and swiftly through the ratios.
Deliveries of the V8 Vantage Roadster are expected to commence during quarter two 2007, with prices to be confirmed at a later date.
Aston Martin V8 Vantage Roadster Specification:
Body
Two-seat, two-door body with soft cover convertible top and heated glass rear screen. Bonded aluminium structure. Aluminium alloy, steel, composite, and magnesium alloy body. Extruded aluminium side impact bars and integral rollover bars. Halogen projector headlamps. LED rear lamps.
Engine
Aston Martin all-alloy quad overhead camshaft 32 valve, 4.3 litre V8. Variable inlet camshaft timing. Dry sump lubrication system. Fully catalysed stainless steel exhaust system with active bypass valves. Front mid-mounted engine. Rear-wheel drive.
Transmission
Rear mid-mounted six-speed manual with optional Sportshift automated manual transmission. Alloy torque tube with carbon-fibre propeller shaft. Limited slip differential. Final drive ratio 3.909:1
Steering
Rack and pinion power-assisted steering, 3.0 turns lock to lock. Column reach and tilt adjust.
Wheels and Tyres
Standard: 18 inch alloy wheels – 10-spoke design - Front: 8.5J x 18 inch / Rear: 9.5J x 18 inch. Bridgestone Potenza tyres - Front: 235/45 ZR18. Rear: 275/40 ZR18.
Optional: 19 inch alloy wheels – seven-spoke design - Front: 8.5J x 19 inch / Rear: 9.5J x 19 inch. Bridgestone Potenza tyres - Front: 235/40 ZR19. Rear: 275/35 ZR19.
Optional: Pirelli P-Zero Corsa sports tyres – Front: 245/40 ZR19. Rear: 285/35 ZR19
Suspension
Front: Independent double aluminium wishbones incorporating anti-dive geometry, coil over aluminium monotube dampers and anti-roll bar.
Rear: Independent double aluminium wishbones incorporating longitudinal control arms, coil over aluminium monotube dampers and anti-roll bar.
Brakes
Radial-mounted four-piston monobloc calipers. Dynamic Stability Control (DSC). Traction Control. Anti-lock Braking System (ABS). Electronic Brakeforce Distribution (EBD). Emergency Brake Assist (EBA). Positive Torque Control.
Front: Ventilated and grooved steel discs - 355mm diameter
Rear: Ventilated and grooved steel discs - 330mm diameter
Interior
Full grain leather interior. Gunmetal facia. Graphite interior fittings. Electrically adjustable seats. Automatic temperature control. Heated rear screen. Reversing sensors. Battery Disconnect Switch (BDS). Trip computer. Dual stage driver and passenger airbags. Side airbags. Alarm and immobiliser. Tyre pressure monitoring.
In-Car Entertainment
160W Aston Martin Audio System with six CD autochanger.
Options
Sportshift automated manual transmission. Xenon (HID) headlamps including power wash. Bright finish grille. Piano Black facia trim. Alternative brake caliper finish (black, red, silver). Heated seats. Cruise control. Passenger seat height adjustment*1. Memory seats (3 positions). Battery conditioner. Powerfold exterior mirrors. Auto dimming interior rear view mirror*1. Auto dimming interior rear view mirror with garage door opener*1. Voice activated Bluetooth telephone preparation*1. Integrated GSM telephone*1. Satellite navigation system with optional Traffic Messaging Channel (TMC)*1. Tracking device*1/2. Alarm upgrade (volumetric & tilt sensors). Smokers pack. Sports tyres. 19 inch alloy wheels – seven-spoke design, with silver finish. 19 inch alloy wheels – seven-spoke design, with anthracite finish. Front wheel stone guards. Personalised sill plaques. First aid kit*1. Umbrella & holder. 700W Aston Martin Premium Audio System with Dolby Pro Logic II. Wind deflector.
Length:4380mm Fuel tank capacity: 80 litres
Width:1865mm (exc. Mirrors) 2025mm (inc. Mirrors)
CO2 Emissions*3: 358 g/km
Height: 1265mm
Max power: 283kW (380 bhp) @ 7000 rpm.
Weight:1710kg
Max torque: 410 Nm (302 lb.ft) @ 5000 rpm
Wheelbase: 2600mm
Acceleration: 0-60mph – 4.9 seconds 0-100km/h – 5.0 seconds
Boot capacity: 144 litres
Max speed: 175mph (280 km/h)
*1 Not available in all markets
*2 Complies with UK Thatcham Category 5 requirements. Excludes subscription. Standard in UK.
*3 Data not applicable to North American market
Los Angeles - Aston Martin will unveil one of the most eagerly anticipated convertibles of the year when the V8 Vantage Roadster is revealed at the 2006 Los Angeles Auto Show on Wednesday 29th November.
Aston Martin Chairman and Chief Executive Officer, Dr Ulrich Bez said: “The V8 Vantage Roadster is a pure sports car, a car that heightens the senses and provides a dynamically thrilling driving experience.
“The Vantage Roadster adds to the unbeatable thrill of open air motoring and by combining engineering excellence, technological innovation and physical perfection, will ensure every journey is one to remember.”
Perfectly proportioned, with a low purposeful stance, the Vantage Roadster is uncompromisingly modern yet also incorporates classic Aston Martin design cues. The elegant lines are fused with traditional craftsmanship and striking 21st century style, with an interior hand-trimmed and finished in the finest quality genuine materials.
The Vantage Roadster will be built at Aston Martin’s global headquarters at Gaydon, near Warwickshire in the UK, joining the current Aston Martin line-up. This now comprises the flagship Vanquish S, the elegant DB9 and the agile V8 Vantage Coupe.
Design
The design of the Vantage Roadster is elegant and uncompromising, a single fluid form with characteristic attention to detail, both inside and out, representing the open sports car in its purest form.
The Vantage Roadster represents the latest evolution of Aston Martin's synthesis of craft and technology. From the beautifully hand stitched leather seats to the hand-finished bodies, to the ultra-modern Aston Martin V8 engine, hand-assembled at a dedicated, high-technology facility in Cologne, Germany, the Vantage Roadster is an exclusive, advanced and uniquely desirable sports car.
The three-layer fabric hood gives a taut, aggressive appearance when closed and when folded, the flow from front to rear is smooth and elegant, enhanced by the leather speed humps that create a unique transition between interior and exterior. Even in convertible form the Roadster retains the critically acclaimed design of the Vantage Coupe. The hood is stowed neatly beneath the rear tonneau cover and is either opened or closed at the press of a button located on the centre console, in just 18 seconds, and at speeds of up to 30mph (50km/h) with no manual intervention required.
Offered with an imaginative combination of different leathers, contemporary fabrics and aluminium, Vantage Roadster customers will have an extensive choice of body and trim colours from which to choose.
Performance
Developed from the outset alongside the V8 Vantage Coupe which was launched in 2005, the Roadster shares the unique-to-Aston Martin bonded aluminium VH (Vertical Horizontal) architecture – the backbone to all modern Aston Martins. Adding to this structure sophisticated materials such as lightweight alloys, magnesium and advanced composites are used for the body, further contributing to the car's low weight and high rigidity.
Driver and passenger sit low, close to the car's centre of gravity, where they can feel the car reacting to the input of the driver – a special sensation, usually only experienced in racing cars – providing a direct and sporting connection between car and driver.
Despite the additional mechanism associated with the Vantage Roadster’s convertible roof and the additional body stiffness, Aston Martin’s engineering team have ensured only a minimal weight increase to preserve the agile and sporting characteristics of the V8 Vantage Coupe. At just 4.38 metres (172.5 in) long, Vantage Roadster remains not only the smallest model in the Aston Martin range but also one of the leanest cars in its class.
The Vantage Roadster delivers exceptional performance with careful development and engineering ensuring that the Roadster equals the achievements of its Coupe sibling, with 0-100 km/h (62 mph) achieved in 5.0 seconds (0-60 mph in 4.9 seconds) and a potential maximum speed of 280 km/h (175 mph).
Vantage Roadster will be available with two transmission alternatives from launch. Offered as standard is the fast-shifting, six-speed Graziano conventional stick-shift manual gearbox, with ratios perfectly matched to the performance of the V8 engine. This is joined by Aston Martin's new Sportshift automated manual transmission – an ultra-quick system that provides the driver with heightened precision via fingertip control of gear changes using paddles to progress smoothly and swiftly through the ratios.
Deliveries of the V8 Vantage Roadster are expected to commence during quarter two 2007, with prices to be confirmed at a later date.
Aston Martin V8 Vantage Roadster Specification:
Body
Two-seat, two-door body with soft cover convertible top and heated glass rear screen. Bonded aluminium structure. Aluminium alloy, steel, composite, and magnesium alloy body. Extruded aluminium side impact bars and integral rollover bars. Halogen projector headlamps. LED rear lamps.
Engine
Aston Martin all-alloy quad overhead camshaft 32 valve, 4.3 litre V8. Variable inlet camshaft timing. Dry sump lubrication system. Fully catalysed stainless steel exhaust system with active bypass valves. Front mid-mounted engine. Rear-wheel drive.
Transmission
Rear mid-mounted six-speed manual with optional Sportshift automated manual transmission. Alloy torque tube with carbon-fibre propeller shaft. Limited slip differential. Final drive ratio 3.909:1
Steering
Rack and pinion power-assisted steering, 3.0 turns lock to lock. Column reach and tilt adjust.
Wheels and Tyres
Standard: 18 inch alloy wheels – 10-spoke design - Front: 8.5J x 18 inch / Rear: 9.5J x 18 inch. Bridgestone Potenza tyres - Front: 235/45 ZR18. Rear: 275/40 ZR18.
Optional: 19 inch alloy wheels – seven-spoke design - Front: 8.5J x 19 inch / Rear: 9.5J x 19 inch. Bridgestone Potenza tyres - Front: 235/40 ZR19. Rear: 275/35 ZR19.
Optional: Pirelli P-Zero Corsa sports tyres – Front: 245/40 ZR19. Rear: 285/35 ZR19
Suspension
Front: Independent double aluminium wishbones incorporating anti-dive geometry, coil over aluminium monotube dampers and anti-roll bar.
Rear: Independent double aluminium wishbones incorporating longitudinal control arms, coil over aluminium monotube dampers and anti-roll bar.
Brakes
Radial-mounted four-piston monobloc calipers. Dynamic Stability Control (DSC). Traction Control. Anti-lock Braking System (ABS). Electronic Brakeforce Distribution (EBD). Emergency Brake Assist (EBA). Positive Torque Control.
Front: Ventilated and grooved steel discs - 355mm diameter
Rear: Ventilated and grooved steel discs - 330mm diameter
Interior
Full grain leather interior. Gunmetal facia. Graphite interior fittings. Electrically adjustable seats. Automatic temperature control. Heated rear screen. Reversing sensors. Battery Disconnect Switch (BDS). Trip computer. Dual stage driver and passenger airbags. Side airbags. Alarm and immobiliser. Tyre pressure monitoring.
In-Car Entertainment
160W Aston Martin Audio System with six CD autochanger.
Options
Sportshift automated manual transmission. Xenon (HID) headlamps including power wash. Bright finish grille. Piano Black facia trim. Alternative brake caliper finish (black, red, silver). Heated seats. Cruise control. Passenger seat height adjustment*1. Memory seats (3 positions). Battery conditioner. Powerfold exterior mirrors. Auto dimming interior rear view mirror*1. Auto dimming interior rear view mirror with garage door opener*1. Voice activated Bluetooth telephone preparation*1. Integrated GSM telephone*1. Satellite navigation system with optional Traffic Messaging Channel (TMC)*1. Tracking device*1/2. Alarm upgrade (volumetric & tilt sensors). Smokers pack. Sports tyres. 19 inch alloy wheels – seven-spoke design, with silver finish. 19 inch alloy wheels – seven-spoke design, with anthracite finish. Front wheel stone guards. Personalised sill plaques. First aid kit*1. Umbrella & holder. 700W Aston Martin Premium Audio System with Dolby Pro Logic II. Wind deflector.
Length:4380mm Fuel tank capacity: 80 litres
Width:1865mm (exc. Mirrors) 2025mm (inc. Mirrors)
CO2 Emissions*3: 358 g/km
Height: 1265mm
Max power: 283kW (380 bhp) @ 7000 rpm.
Weight:1710kg
Max torque: 410 Nm (302 lb.ft) @ 5000 rpm
Wheelbase: 2600mm
Acceleration: 0-60mph – 4.9 seconds 0-100km/h – 5.0 seconds
Boot capacity: 144 litres
Max speed: 175mph (280 km/h)
*1 Not available in all markets
*2 Complies with UK Thatcham Category 5 requirements. Excludes subscription. Standard in UK.
*3 Data not applicable to North American market
- Sales in non-U.S. markets increase 10.2 percent in the second quarter
- Sales outside North America increase 20.4 percent, Canada advances 10.7 percent, Mexico declines 8 percent
- Chrysler Group continues with plan to double international growth in five years
- Sales increases in global markets driven by new models including Dodge Caliber, Jeep Patriot and the Jeep Compass
The Chrysler Group today announced that the company achieved growing sales numbers in markets outside the United States in the second quarter of 2007. From April to June, the Chrysler Group sold 159,993 vehicles outside of the U.S., an increase of 10.2 percent compared to the same period of 2006.
These second quarter figures include a sales increase of 10.7 percent in Canada (70,148 units) and a 20.4 percent sales increase outside of North America (61,743 units). In line with the decline of the Mexico automotive industry during the second quarter, DaimlerChrysler Mexico sales fell 8 percent to 28,102 units. The increases in sales were driven by the worldwide appeal and strong customer interest in the Chrysler Group's new fuel-efficient models including the Chrysler Sebring, Jeep(R) Compass, Jeep Patriot, Dodge Avenger and the Dodge Caliber.
"The growth in the second quarter of 2007 demonstrates that the Chrysler Group's plan for sustainable, international growth is working," said Tom LaSorda, President and CEO, Chrysler Group. "Building on the solid sales momentum established during the first quarter of 2007, the second quarter sales increase is in line with the company's plan to double international growth in five years."
Second Quarter Global Sales Results
The Chrysler Group's worldwide vehicle sales increased by 3.3 percent during the second quarter of 2007 to a total of 735,837 units (2006: 712,521 units).
In the highly competitive market environment of the U.S., Chrysler Group sales declined 1.4 percent to 183,347 units in June 2007. For the second quarter, sales rose 1.5 percent to 575,844 units (2006: 567,302 units). The company now offers five fuel-efficient, four-cylinder engine compact car and SUV models in the U.S., including the Chrysler Sebring, Jeep Compass, Jeep Patriot, Dodge Avenger and the Dodge Caliber. Following its most aggressive product launch in company history of 10 all-new vehicles in 2006, the Chrysler Group continues its product offensive with the launch of eight all-new vehicles in 2007.
Maintaining its position as the second-largest seller of vehicles in Canada to date, DaimlerChrysler Canada finished the second quarter of 2007 by increasing sales 10.7 percent to 70,148 units (2006: 63,380 units). For the month of June, sales rose 24 percent to 22,029 units.
"We are very pleased with the strong Canadian market response to our new vehicles," said Reid Bigland, President and CEO of DaimlerChrysler Canada, Inc. "Driven primarily by retail sales of the fuel-efficient Dodge Caliber, Jeep Patriot and Jeep Compass models, Chrysler Group's sales in Canada have risen for 11 straight months."
Posting its highest month ever of sales outside of North America in June 2007, Chrysler Group's International sales accelerated 20.7 percent to 22,901 units. Also, sustaining 25 consecutive months of year-over-year sales gains; Chrysler Group's International sales increased 20.4 percent to 61,743 units during the second quarter of 2007 (2006: 51,280 units).
"The strength of our new product portfolio coupled with the support of our dealer network outside North America is driving the growth we have seen so far this year," said Michael Manley, Executive Vice President - International Sales, Marketing and Business Development, Chrysler Group. "We expect to maintain the double digit growth this year, including record export numbers, and continue to strategically grow production volumes and sales outlets outside North America for all three brands."
Posting its best June ever, DaimlerChrysler Mexico sales rose 0.3 percent to 10,120 units in June 2007. From April to June, second quarter sales declined 8 percent to 28,102 units (2006: 30,559 units) yet Chrysler Group SUVs posted a quarterly sales gain of 60.5 percent.
"DaimlerChrysler Mexico delivered fantastic sales results last month, reporting its best June ever for Chrysler, Jeep and Dodge brands," said Joe ChamaSrour, President and Managing Director of DaimlerChrysler de Mexico. "This was a great way to close the second quarter."
Understanding the Customer is a Key Element in Recovery and Transformation Plan (RTP)
Focusing on customer loyalty and winning new customers is a major part of the Chrysler Group's revenue strategy under the Recovery and Transformation Plan (RTP). The company has a number of research efforts in place to learn more about consumer wants and needs in order to help increase future sales.
"We're focusing on the customer loyalty of our current owner base and we plan to address new customers, or the people that trade in their vehicles from another brand," said Steven Landry. "One of the issues we strive to understand better is how to retain our current customers and bring in new ones. It is a tough game out there and we need to make sure that we provide the customer with an opportunity that is different and better than the competition."
Euro Camp Jeep, Europe's largest single-brand 4x4 customer event takes place in France
More than 1,500 customers and 650 Jeep vehicles are gathering in southern France for the ultimate celebration of all things Jeep. For the first time ever, the Camp Jeep event will be split into two different programs (June 30 to July 3 and July 4 to 7) to accommodate the growing number of participants. Jeep aficionados, their families and friends will flock to Euro Camp Jeep to explore a full range of activities, including off-road driving trails, fun vehicle-related challenges, navigation and orienteering trials and invigorating regional drives through scenic countryside. Participants will also be given a privileged look at the new Jeep Grand Cherokee, making its first appearance in Europe with a refreshed interior and exterior.
Source: Chrysler Group
- Sales outside North America increase 20.4 percent, Canada advances 10.7 percent, Mexico declines 8 percent
- Chrysler Group continues with plan to double international growth in five years
- Sales increases in global markets driven by new models including Dodge Caliber, Jeep Patriot and the Jeep Compass
The Chrysler Group today announced that the company achieved growing sales numbers in markets outside the United States in the second quarter of 2007. From April to June, the Chrysler Group sold 159,993 vehicles outside of the U.S., an increase of 10.2 percent compared to the same period of 2006.
These second quarter figures include a sales increase of 10.7 percent in Canada (70,148 units) and a 20.4 percent sales increase outside of North America (61,743 units). In line with the decline of the Mexico automotive industry during the second quarter, DaimlerChrysler Mexico sales fell 8 percent to 28,102 units. The increases in sales were driven by the worldwide appeal and strong customer interest in the Chrysler Group's new fuel-efficient models including the Chrysler Sebring, Jeep(R) Compass, Jeep Patriot, Dodge Avenger and the Dodge Caliber.
"The growth in the second quarter of 2007 demonstrates that the Chrysler Group's plan for sustainable, international growth is working," said Tom LaSorda, President and CEO, Chrysler Group. "Building on the solid sales momentum established during the first quarter of 2007, the second quarter sales increase is in line with the company's plan to double international growth in five years."
Second Quarter Global Sales Results
The Chrysler Group's worldwide vehicle sales increased by 3.3 percent during the second quarter of 2007 to a total of 735,837 units (2006: 712,521 units).
In the highly competitive market environment of the U.S., Chrysler Group sales declined 1.4 percent to 183,347 units in June 2007. For the second quarter, sales rose 1.5 percent to 575,844 units (2006: 567,302 units). The company now offers five fuel-efficient, four-cylinder engine compact car and SUV models in the U.S., including the Chrysler Sebring, Jeep Compass, Jeep Patriot, Dodge Avenger and the Dodge Caliber. Following its most aggressive product launch in company history of 10 all-new vehicles in 2006, the Chrysler Group continues its product offensive with the launch of eight all-new vehicles in 2007.
Maintaining its position as the second-largest seller of vehicles in Canada to date, DaimlerChrysler Canada finished the second quarter of 2007 by increasing sales 10.7 percent to 70,148 units (2006: 63,380 units). For the month of June, sales rose 24 percent to 22,029 units.
"We are very pleased with the strong Canadian market response to our new vehicles," said Reid Bigland, President and CEO of DaimlerChrysler Canada, Inc. "Driven primarily by retail sales of the fuel-efficient Dodge Caliber, Jeep Patriot and Jeep Compass models, Chrysler Group's sales in Canada have risen for 11 straight months."
Posting its highest month ever of sales outside of North America in June 2007, Chrysler Group's International sales accelerated 20.7 percent to 22,901 units. Also, sustaining 25 consecutive months of year-over-year sales gains; Chrysler Group's International sales increased 20.4 percent to 61,743 units during the second quarter of 2007 (2006: 51,280 units).
"The strength of our new product portfolio coupled with the support of our dealer network outside North America is driving the growth we have seen so far this year," said Michael Manley, Executive Vice President - International Sales, Marketing and Business Development, Chrysler Group. "We expect to maintain the double digit growth this year, including record export numbers, and continue to strategically grow production volumes and sales outlets outside North America for all three brands."
Posting its best June ever, DaimlerChrysler Mexico sales rose 0.3 percent to 10,120 units in June 2007. From April to June, second quarter sales declined 8 percent to 28,102 units (2006: 30,559 units) yet Chrysler Group SUVs posted a quarterly sales gain of 60.5 percent.
"DaimlerChrysler Mexico delivered fantastic sales results last month, reporting its best June ever for Chrysler, Jeep and Dodge brands," said Joe ChamaSrour, President and Managing Director of DaimlerChrysler de Mexico. "This was a great way to close the second quarter."
Understanding the Customer is a Key Element in Recovery and Transformation Plan (RTP)
Focusing on customer loyalty and winning new customers is a major part of the Chrysler Group's revenue strategy under the Recovery and Transformation Plan (RTP). The company has a number of research efforts in place to learn more about consumer wants and needs in order to help increase future sales.
"We're focusing on the customer loyalty of our current owner base and we plan to address new customers, or the people that trade in their vehicles from another brand," said Steven Landry. "One of the issues we strive to understand better is how to retain our current customers and bring in new ones. It is a tough game out there and we need to make sure that we provide the customer with an opportunity that is different and better than the competition."
Euro Camp Jeep, Europe's largest single-brand 4x4 customer event takes place in France
More than 1,500 customers and 650 Jeep vehicles are gathering in southern France for the ultimate celebration of all things Jeep. For the first time ever, the Camp Jeep event will be split into two different programs (June 30 to July 3 and July 4 to 7) to accommodate the growing number of participants. Jeep aficionados, their families and friends will flock to Euro Camp Jeep to explore a full range of activities, including off-road driving trails, fun vehicle-related challenges, navigation and orienteering trials and invigorating regional drives through scenic countryside. Participants will also be given a privileged look at the new Jeep Grand Cherokee, making its first appearance in Europe with a refreshed interior and exterior.
Source: Chrysler Group
The Land Rover Discovery 3, one of the most awarded 4x4s ever, scooped yet another accolade for best ‘Towcar over 1900kgs’ at last night’s inaugural Practical Caravan, What Car? and the Camping & Caravanning Club Towcar awards 2007.
Judges hailed the Land Rover Discovery 3’s exceptional capability, saying: “The Land Rover Discovery 3 will happily tow at 60mph all day, and smoothes away bumps that are felt with a thump in many other 4x4s. Nothing else in this class is as accomplished an all-rounder; it’s great to drive solo, tows with gusto and is supremely practical.”
Land Rover’s Discovery 3 is a technology-packed, premium 4x4 designed to deliver outstanding performance both on the road and off-road. It offers exceptional space, comfort and flexibility, for up to seven adults and it is able to tow up to 3.5 tonnes – enhancing its ‘three cars in one’ status.
Land Rover’s UK managing director John Edwards added: “We are really delighted to win this award for Land Rover Discovery 3 and for it to be recognised for its towing capacity. This award is testament to the fact that it is a supremely able vehicle and capable of tackling anything that a customer throws at it.”
Priced from £27,315 on-the-road, the Land Rover Discovery 3 is on sale now at Land Rover dealerships throughout the UK. To book a test drive, contact your local dealer or visit www.landrover.co.uk
Source: Ford Motor Company
Judges hailed the Land Rover Discovery 3’s exceptional capability, saying: “The Land Rover Discovery 3 will happily tow at 60mph all day, and smoothes away bumps that are felt with a thump in many other 4x4s. Nothing else in this class is as accomplished an all-rounder; it’s great to drive solo, tows with gusto and is supremely practical.”
Land Rover’s Discovery 3 is a technology-packed, premium 4x4 designed to deliver outstanding performance both on the road and off-road. It offers exceptional space, comfort and flexibility, for up to seven adults and it is able to tow up to 3.5 tonnes – enhancing its ‘three cars in one’ status.
Land Rover’s UK managing director John Edwards added: “We are really delighted to win this award for Land Rover Discovery 3 and for it to be recognised for its towing capacity. This award is testament to the fact that it is a supremely able vehicle and capable of tackling anything that a customer throws at it.”
Priced from £27,315 on-the-road, the Land Rover Discovery 3 is on sale now at Land Rover dealerships throughout the UK. To book a test drive, contact your local dealer or visit www.landrover.co.uk
Source: Ford Motor Company
* Sound strategy sets the company on a steady fast-growth track
* Changan Ford Mazda Automobile moved into the "top ten" car-makers in China
* Ford Motor Company's wholly-owned brands in China (Ford, Lincoln, Volvo, Jaguar and Land Rover) posted total retail sales of 93,206 unitsin the first half of 2007, a 25% growth over the same period of 2006, outpacing the industry average
* Ford brand vehicles, both imported and domestically produced, passenger and commercial purpose, grew 22% to 84,208 units
* Ford Motor's passenger car joint venture, Changan Ford Mazda Automobile Co., Ltd., reported a significant 57% year-on-year wholesale sales growth to reach 93,587 units
* Luxury brands of Volvo, Jaguar and Land Rover retail sales grew 66% percent for the first 6 months, to 8,779 units
* The third generation Ford Mondeo will be launched later this year as a major player of domestic premium CD-car segment
SHANGHAI, July 6, 2007 - Adding to the momentum of fast growth in 2006, Ford Motor Company in China continued to post a vigorous retail sales result for the first half of 2007, with 93,206 vehicles sold (under Ford, Lincoln, Volvo, Jaguar and Land Rover brands) and 25% growth over the volume of same period in 2006. This robust growth which outpaced the industry average shows increasing customer excitement with Ford vehicles. With j oint ventures established, modern manufacturing capacity fully utilized and sales/service networks rapidly expanding, Ford Motor Company's key strategic deployment in China has set the company on a steady fast-growth track.
"The first half of 2007 witnessed a significant phase of Ford Motor in China. The establishment of Ford Motor Research & Engineering Nanjing Co., Ltd and the launch of Changan Ford Mazda Engine Company underscore the commitments that Ford Motor has made to the China auto market. " said Mei-Wei Cheng, Chairman and CEO of Ford Motor (China) Ltd. "With the announcement of the coming 3 rd generation Ford Mondeo and an all-new Ford brand small car, Ford's complete line up of cars in China will soon include mid-size vehicles, small cars, SAVs, SUVs, and commercial vehicles."
Ford brand vehicles, both domestically produced and imported, passenger cars and commercial vehicles altogether, achieved total sales of 84,208 units, a 22% increase on the year-on-year basis.
Changan Ford Mazda Automobile ranked top 10 car-makers in China
Changan Ford Mazda Automobile Co., Ltd (CFMA), a Ford Motor Company joint venture in China, posted 6-month wholesale volume of 93,587 units, including various brands it manufactures. This marked a 57% increase over the same period of 2006. In particular, the 2 nd quarter witnessed a wholesale volume of 54,480 units, a 70% soar over the same period in 2006.
The power behind this vigorous growth is the steady introduction of highly competitive products and service. Ford Focus has been the shiniest star in the product lineup. Its 6-month retail sales volume, 55,676 units representing a 66% growth over same period last year, made a significant contribution to the overall performance of CFMA. The refreshed 2007 Ford Focus has demonstrated popularity as one of the hottest items in the market.
Another rising star is Ford S-MAX, which recorded a wholesale volume of 2,260 units for the first 2.5 months since its launch in mid-March. As the first SAV (Sport Activity Vehicle) Ford Motor introduced to China market, its kinetic design form language, outstanding German engineering and excellent driving dynamics have earned Ford S-MAX very positive market response and popularity.
In April, Ford Motor announced the local production plan of the 3rd generation Ford Mondeo later this year. The all new 3rd generation Ford Mondeo embodies Ford's special European kinetic design language and world-class technology. The demand for Ford passenger cars will undoubtedly soar again in the near future with the 3rd generation Ford Mondeo.
Having operated in China for only 4 years, CFMA for the first time made its way into top 10 passenger-car makers in China market in April, according to results released by China Passenger Car Association. It ranked No.7 with more than 20,000 cars sold in that month. Again in May, CFMA was one of the top 10. (The June ranking has not been released yet.)
Combining the new manufacturing plant in Nanjing, which is going to put into production by the end of 2007, and the Chongqing assembly, Changan Ford Mazda Automobile is going to boost its annual production capacity to above 410,000 units. Such will provide needed capacity for coming new products.
Transit continues to lead light commercial vehicle segment
As for commercial vehicles, Ford Transit produced by Jiangling Motor Corporation in Nanchang, of which Ford Motor Company holds a 30 percent equity share, again maintained the segment leadership of mid-to-high-end light van. Retail sales of 12,584 units from January to June increased 13% over the same period last year.
Volvo, Jaguar and Land Rover remain leading players in luxury vehicle market
Ford Motor Company's Premier premium brands of Volvo, Jaguar and Land Rover keep their fast-growth positions in China in the first half of 2007. Total retail sales of these 3 brands grow a significant 66% on the year-on-year basis, to 8,779 units. These Ford Motor premium brands are now significant players in the country's luxury vehicle market and will continue to grow in the future.
Auto financing extends presence in China
Ford Automotive Finance ( China) Ltd. (FAFC) is an indispensable arm for Ford's vehicle sales. The company extended its presence progressively in the first-half of 2007. By the end of the first half 2007, FAFC retail financing has reached 50 cities in China through 110 Ford Brand authorized dealers, up from 26 cities in 2006 year end. As for wholesale business, around 80% of CFMA dealers have applied for FAFC wholesale financing. Total credit line of 129 approved CFMA dealers amounts to several billion yuan. In addition, 4 Volvo dealers have been approved with credit line and another 20 are applying.
Showing his confidence in future prospects of the company, Mei-Wei Cheng says: "Ford Motor Company's strategic plans for China have been successfully put in place. With the efficient cooperation among different joint ventures and business units, and the introduction of more and more exciting new products, we are driving on the fast track to a fruitful future."
Appendix:
Retail Sales Record of Ford Motor Company in China (2007 first half)
2007
Jan - Jun
2006
Jan - Jun
Year-on-year growth
Ford Brand / Lincoln
84,427
69,110
+22.16%
Volvo, Jaguar and Land Rover
8,779
5,285
+66.11%
FMC in China total (including Ford, Lincoln, Volvo, Jaguar and Land Rover)
93,206
74,395
+25.29%
Changan Ford Mazda Automobile Wholesale Results (2007 first half)
2007
Jan - Jun
2006
Jan - Jun
Year-on-year growth
Changan Ford Mazda Automobile Wholesale
93,587
59,596
+57.04%
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., U.S.A., manufactures and distributes automobiles in 200 markets across six continents. The company’s automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit and QualityCare. Ford Motor Company celebrated its 100th anniversary in 2003.
Ford’s history in China can be traced to 1913, when its first Model T was imported and sold in Shanghai. Presently, Ford owns 30% of the shares of Jiangling Motors Corporation Ltd., which produces Ford commercial vehicle Transit and other products. Ford Motor Company also has a 50-50 passenger car joint venture with Changan Automotive Corporation Ltd., which is called Changan Ford Automobile Corporation Ltd. Changan Ford has successfully launched two Ford passenger cars models, Fiesta and Mondeo, to the market. Ford Mondeo won Motor Trend "2005 Car of the Year, China". Its third product, the all-new Ford Focus, has been built in Chongqing since the 3rd quarter of 2005. In early 2005, Changan Ford's second passenger car plant in Nanjing started construction. On April 19, 2005, Ford, Changan and Mazda announced a new three-way engine plant joint venture, Changan Ford Mazda Engine Company Ltd., and the new plant has been in production since April 26, 2007.
In March, 2006, the Chinese government approved Mazda's investment in Changan Ford. The restructured company has been renamed as Changan Ford Mazda Automobile Co., Ltd. (CFMA). Changan, Ford and Mazda holds 50 per cent, 35 per cent and 15 per cent shares in CFMA respectively.
On the import business, Ford Maverick, a member of the world-renowned Ford SUV product line, has also been on sale in China. Lincoln Navigator, a premium full-size SUV was launched in China market in May 2005.
Products of the other Ford Motor Company affiliated brands, including Jaguar, Land Rover, Mazda and Volvo are on sale in China as well. Ford's service brand, Ford QualityCare, is also serving the customers in China.
Source: Ford Motor Company
* Changan Ford Mazda Automobile moved into the "top ten" car-makers in China
* Ford Motor Company's wholly-owned brands in China (Ford, Lincoln, Volvo, Jaguar and Land Rover) posted total retail sales of 93,206 unitsin the first half of 2007, a 25% growth over the same period of 2006, outpacing the industry average
* Ford brand vehicles, both imported and domestically produced, passenger and commercial purpose, grew 22% to 84,208 units
* Ford Motor's passenger car joint venture, Changan Ford Mazda Automobile Co., Ltd., reported a significant 57% year-on-year wholesale sales growth to reach 93,587 units
* Luxury brands of Volvo, Jaguar and Land Rover retail sales grew 66% percent for the first 6 months, to 8,779 units
* The third generation Ford Mondeo will be launched later this year as a major player of domestic premium CD-car segment
SHANGHAI, July 6, 2007 - Adding to the momentum of fast growth in 2006, Ford Motor Company in China continued to post a vigorous retail sales result for the first half of 2007, with 93,206 vehicles sold (under Ford, Lincoln, Volvo, Jaguar and Land Rover brands) and 25% growth over the volume of same period in 2006. This robust growth which outpaced the industry average shows increasing customer excitement with Ford vehicles. With j oint ventures established, modern manufacturing capacity fully utilized and sales/service networks rapidly expanding, Ford Motor Company's key strategic deployment in China has set the company on a steady fast-growth track.
"The first half of 2007 witnessed a significant phase of Ford Motor in China. The establishment of Ford Motor Research & Engineering Nanjing Co., Ltd and the launch of Changan Ford Mazda Engine Company underscore the commitments that Ford Motor has made to the China auto market. " said Mei-Wei Cheng, Chairman and CEO of Ford Motor (China) Ltd. "With the announcement of the coming 3 rd generation Ford Mondeo and an all-new Ford brand small car, Ford's complete line up of cars in China will soon include mid-size vehicles, small cars, SAVs, SUVs, and commercial vehicles."
Ford brand vehicles, both domestically produced and imported, passenger cars and commercial vehicles altogether, achieved total sales of 84,208 units, a 22% increase on the year-on-year basis.
Changan Ford Mazda Automobile ranked top 10 car-makers in China
Changan Ford Mazda Automobile Co., Ltd (CFMA), a Ford Motor Company joint venture in China, posted 6-month wholesale volume of 93,587 units, including various brands it manufactures. This marked a 57% increase over the same period of 2006. In particular, the 2 nd quarter witnessed a wholesale volume of 54,480 units, a 70% soar over the same period in 2006.
The power behind this vigorous growth is the steady introduction of highly competitive products and service. Ford Focus has been the shiniest star in the product lineup. Its 6-month retail sales volume, 55,676 units representing a 66% growth over same period last year, made a significant contribution to the overall performance of CFMA. The refreshed 2007 Ford Focus has demonstrated popularity as one of the hottest items in the market.
Another rising star is Ford S-MAX, which recorded a wholesale volume of 2,260 units for the first 2.5 months since its launch in mid-March. As the first SAV (Sport Activity Vehicle) Ford Motor introduced to China market, its kinetic design form language, outstanding German engineering and excellent driving dynamics have earned Ford S-MAX very positive market response and popularity.
In April, Ford Motor announced the local production plan of the 3rd generation Ford Mondeo later this year. The all new 3rd generation Ford Mondeo embodies Ford's special European kinetic design language and world-class technology. The demand for Ford passenger cars will undoubtedly soar again in the near future with the 3rd generation Ford Mondeo.
Having operated in China for only 4 years, CFMA for the first time made its way into top 10 passenger-car makers in China market in April, according to results released by China Passenger Car Association. It ranked No.7 with more than 20,000 cars sold in that month. Again in May, CFMA was one of the top 10. (The June ranking has not been released yet.)
Combining the new manufacturing plant in Nanjing, which is going to put into production by the end of 2007, and the Chongqing assembly, Changan Ford Mazda Automobile is going to boost its annual production capacity to above 410,000 units. Such will provide needed capacity for coming new products.
Transit continues to lead light commercial vehicle segment
As for commercial vehicles, Ford Transit produced by Jiangling Motor Corporation in Nanchang, of which Ford Motor Company holds a 30 percent equity share, again maintained the segment leadership of mid-to-high-end light van. Retail sales of 12,584 units from January to June increased 13% over the same period last year.
Volvo, Jaguar and Land Rover remain leading players in luxury vehicle market
Ford Motor Company's Premier premium brands of Volvo, Jaguar and Land Rover keep their fast-growth positions in China in the first half of 2007. Total retail sales of these 3 brands grow a significant 66% on the year-on-year basis, to 8,779 units. These Ford Motor premium brands are now significant players in the country's luxury vehicle market and will continue to grow in the future.
Auto financing extends presence in China
Ford Automotive Finance ( China) Ltd. (FAFC) is an indispensable arm for Ford's vehicle sales. The company extended its presence progressively in the first-half of 2007. By the end of the first half 2007, FAFC retail financing has reached 50 cities in China through 110 Ford Brand authorized dealers, up from 26 cities in 2006 year end. As for wholesale business, around 80% of CFMA dealers have applied for FAFC wholesale financing. Total credit line of 129 approved CFMA dealers amounts to several billion yuan. In addition, 4 Volvo dealers have been approved with credit line and another 20 are applying.
Showing his confidence in future prospects of the company, Mei-Wei Cheng says: "Ford Motor Company's strategic plans for China have been successfully put in place. With the efficient cooperation among different joint ventures and business units, and the introduction of more and more exciting new products, we are driving on the fast track to a fruitful future."
Appendix:
Retail Sales Record of Ford Motor Company in China (2007 first half)
2007
Jan - Jun
2006
Jan - Jun
Year-on-year growth
Ford Brand / Lincoln
84,427
69,110
+22.16%
Volvo, Jaguar and Land Rover
8,779
5,285
+66.11%
FMC in China total (including Ford, Lincoln, Volvo, Jaguar and Land Rover)
93,206
74,395
+25.29%
Changan Ford Mazda Automobile Wholesale Results (2007 first half)
2007
Jan - Jun
2006
Jan - Jun
Year-on-year growth
Changan Ford Mazda Automobile Wholesale
93,587
59,596
+57.04%
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., U.S.A., manufactures and distributes automobiles in 200 markets across six continents. The company’s automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit and QualityCare. Ford Motor Company celebrated its 100th anniversary in 2003.
Ford’s history in China can be traced to 1913, when its first Model T was imported and sold in Shanghai. Presently, Ford owns 30% of the shares of Jiangling Motors Corporation Ltd., which produces Ford commercial vehicle Transit and other products. Ford Motor Company also has a 50-50 passenger car joint venture with Changan Automotive Corporation Ltd., which is called Changan Ford Automobile Corporation Ltd. Changan Ford has successfully launched two Ford passenger cars models, Fiesta and Mondeo, to the market. Ford Mondeo won Motor Trend "2005 Car of the Year, China". Its third product, the all-new Ford Focus, has been built in Chongqing since the 3rd quarter of 2005. In early 2005, Changan Ford's second passenger car plant in Nanjing started construction. On April 19, 2005, Ford, Changan and Mazda announced a new three-way engine plant joint venture, Changan Ford Mazda Engine Company Ltd., and the new plant has been in production since April 26, 2007.
In March, 2006, the Chinese government approved Mazda's investment in Changan Ford. The restructured company has been renamed as Changan Ford Mazda Automobile Co., Ltd. (CFMA). Changan, Ford and Mazda holds 50 per cent, 35 per cent and 15 per cent shares in CFMA respectively.
On the import business, Ford Maverick, a member of the world-renowned Ford SUV product line, has also been on sale in China. Lincoln Navigator, a premium full-size SUV was launched in China market in May 2005.
Products of the other Ford Motor Company affiliated brands, including Jaguar, Land Rover, Mazda and Volvo are on sale in China as well. Ford's service brand, Ford QualityCare, is also serving the customers in China.
Source: Ford Motor Company
Tailor-made solutions for the discerning customer: Fascinating world of Mercedes-Benz SUVs
The most varied range of SUVs in the premium segment comes from Mercedes-Benz. A close look at the model range in the Mercedes-Benz R, Mercedes-Benz M, Mercedes-Benz GL and Mercedes-Benz G-Class quickly shows that one of the 30 basic models available is bound to match up to the relevant individual requirements. With many detailed improvements, the Mercedes-Benz R-Class is the model series with the widest range of variants and particularly excels with its outstanding long-distance comfort, as well as the most spacious and variable interior with up to seven seats. The Mercedes-Benz M-Class is the best-seller of all the Mercedes-Benz Sports Utility Vehicles, and is particularly popular by virtue of its well-balanced characteristics. This series celebrated its much reported debut ten years ago, and is seen as the precursor to all modern premium SUVs. The Mercedes-Benz GL-Class occupies the peak position in the entire SUV world, and its occupants enjoy first-class travel under any conditions, both on and off the road. The solid and dependable "G" best displays its strengths off the beaten track, and is acknowledged as one of the world’s best cross-country vehicles. Mercedes-Benz demonstrates the potential of the diesel engine with the innovative Vision BLUETEC models in the R, M- and GL-Class, where fuel economy and very low exhaust emissions are at the centre of ongoing development work.
Even greater interior adaptability, two wheelbase lengths, rear-wheel drive or 4MATIC all-wheel drive, new engine variants and new, even more striking styling – the Mercedes-Benz R-Class now opens up even more possibilities. With a total of 13 basic versions, this model series offers the most extensive range within the Mercedes-Benz SUV family. Moreover, the interior now allows scope for new seating arrangements. For the first time, the R‑Class features a second row of seats for three people, providing scope for completely new seating arrangements: this touring SUV now provides seating for five occupants, however two, three, four, six or seven seats are also possible. In addition the owner of an R-Class has the benefit of an unbeatably large and versatile load compartment: the short-wheelbase Mercedes-Benz R‑Class can carry a maximum of 2001 litres, while the figure for the long-wheelbase version is a massive 2436 litres. This makes the R-Class the most variable and spacious model in the entire Mercedes-Benz passenger car range.
Mercedes-Benz R-Class: choice of rear-wheel or 4MATIC four-wheel drive
On the outside, the SUV Tourer is now distinguishable by an even more striking bodystyling package at the front and rear, as well as 18-inch light-alloy wheels, for all V6 versions. The top-of-the-range R 500 4MATIC is fitted with 19-inch wheels. The engine line-up is augmented by the new V6 petrol powerplant in the R 280, which shines with its impressive power delivery and moderate fuel consumption. Mercedes-Benz now offers three new entry-level Mercedes-Benz R-Class models – the R 280 CDI, the R 280 and the R 350 – all of which are V6 versions with rear-wheel drive and a choice of a short or long wheelbase. Thanks to the reduction in weight and inherently lower friction losses in the powertrain, the rear-wheel drive models return even lower fuel-consumption figures. The most fuel-efficient R-Class is now the R 280 CDI which consumes just 8.9 litres of diesel per 100 km (NEDC combined).
More power, lower fuel consumption: new V8-engine for the Mercedes-Benz M-Class
The Mercedes-Benz M-Class has entered the new model year with a new engine. The 285 kW/388 hp model ML 500 4MATIC is now equipped with the 5.5-litre V8 petrol unit, which increases the output by 82 hp compared to the preceding model and boosts the maximum torque from 460 to 530 newton metres. This power increase has a considerable effect on performance: the ML 500 4MATIC now accelerates to 100 km/h in 5.8 seconds, and has a maximum speed of 250 km/h. This increase in power and performance is not matched by a higher fuel consumption, however, as the NEDC combined consumption has been reduced by 0.6 litres to 12,8 litres per 100 kilometres. The range of petrol models is complemented by the 200 kW/272 hp model ML 350 with a V6-engine, as well as the high-performance ML 63 AMG with 375 kW/510 hp.
The top model in the diesel range is the ML 420 CDI 4MATIC, which develops an output of 225 kW/306 hp and a maximum torque of 700 Nm, and therefore has the highest torque of any model in the entire Mercedes-Benz M-Class series. In addition to the V8 diesel there is a choice of two other diesel units, both of them offering excellent performance with an even lower fuel consumption. The basic V6-engine in the ML 280 CDI has an output of 140 kW / 190 hp, while the ML 320 CDI with the same displacement generates 165 kW/224 hp. Both versions consume just 9.4 litres of diesel per 100 kilometres.
The first generation of the Mercedes-Benz M-Class (W 163) was launched in 1997 and is acknowledged as the precursor to all modern premium SUVs, with worldwide sales of around 600,000 units before its replacement in 2005. The present W 164-series M-Class is set to continue this success story, and 250,000 Mercedes-Benz customers have already purchased current model.
Mercedes-Benz GL-Class: top model in the SUV sector
With the GL-Class, Mercedes-Benz occupies the peak position in the market segment for luxurious Sports Utility Vehicles. This premium off-roader excels with excellent driving dynamics both on and off the road, and spoils its occupants with outstanding spaciousness together with the comfort of a luxury-class saloon. With its confident and imposing external appearance, the Mercedes-Benz GL-Class visually substantiates its claim to leadership in the hotly contested, worldwide market segment, while the interior welcomes its occupants with the typical Mercedes-Benz atmosphere of luxury and comfort reminiscent of the Mercedes-Benz S-Class.
The range of engines comprises four ultra-modern units whose harmonious torque and power characteristics decisively contribute to driving pleasure.
The V8 diesel engine of the GL 420 CDI 4MATIC develops 225 kW/306 hp and 700 newton metres of torque for superior drive characteristics, while the well-proven V6 unit of the GL 320 CDI 4MATIC guarantees effortless progress with 165 kW/224 hp and 510 newton metres. Like all diesel models in the Mercedes-Benz passenger car range, these two common-rail diesels are equipped with a maintenance-free particulate filter. A second eight-cylinder model is available in addition to the 285 kW/388 hp, 5.5-litre V8-engine in the GL 500 4MATIC – the GL 450 4MATIC with a peak output of 250 kW/340 hp.
In combination with the innovative 4MATIC four-wheel drive system, AIRMATIC air suspension as standard, precise speed-sensitive power steering and the likewise standard Adaptive Damping System ADS, the majestic GL (wheelbase 3075mm) delights its occupants with impressive handling and excellent ride comfort. And while the Mercedes-Benz GL already cuts a very good figure on the roads, it is a genuine off-roader which also excels as a cross-country vehicle. The modified AIRMATIC system allows a ground clearance of up to 307 millimetres, and the standard Offroad-Pro engineering package considerably enhances the capabilities on difficult terrain with its low-range transmission and disc-type locks at the rear and centre differentials. Other electronic control systems such as Offroad-ABS, Downhill Speed Regulation (DSR) and start-off assist help to reduce the driver’s workload even further.
Mercedes-Benz G-Class – 28 years of development work for sheer perfection
Even in its 28th production year, Mercedes-Benz is rigorously continuing a model strategy for the legendary G-Class which is just as unique as the classic off-roader itself: the striking body shape and indestructible base structure have been retained since 1979, and at the same time constant evolutionary improvements still reaffirm the technical leadership of the "G". The latest model facelift mainly affects the interior, where a new instrument cluster provides a more up-to-date look. Together with a centrally located display for the driver, four analogue dial instruments with fine chrome bezels provide a clearly laid out information centre. The elegant, four-spoke multifunction steering wheel has also been redesigned, while the modified centre console improves operating safety and upgrades the cockpit in visual terms. The standard appointments in the Mercedes-Benz G 500 and Mercedes-Benz G 55 AMG petrol models include the control and display system COMAND APS with a DVD navigation system, integral radio, CD-player and telephone keypad. Bi-xenon headlamps and foglamps with cornering lights are likewise standard equipment in all versions. Externally the new model is only distinguishable by discreetly modified rear lights. The "G" continues to be available in three body variants: two station wagon versions with a short or long wheelbase, and an extravagant Convertible with an electro/hydraulically operated roof.
Now as before, the classic among Mercedes-Benz off-road vehicles offers a superior synthesis of effective drive and dynamic system. In addition to permanent four-wheel drive with a low-range, off-road gearbox, standard equipment includes the electronically controlled traction system 4ETS, the Electronic Stability Program ESP® and three differential locks which can be selected at the touch of a button. Magna Steyr in Graz, Austria, has been producing the G-Class on behalf of Mercedes-Benz since 1979, with around 190,000 produced to date. And no end to this success story is yet in sight.
The "G" will continue to complement the Mercedes-Benz model range of highly capable SUVs in the coming years. Confirmation of the eternal youth enjoyed by the Mercedes-Benz G-Class recently came from the well-known off-road magazine "4wheel fun": in a vote for the "2007 Superstar" in the luxury category, this classic vehicle was declared the winner by a wide margin.
BLUETEC - the future of the diesel engine
Impressive output, high torque, a low fuel consumption and very low exhaust emissions – the Vision BLUETEC models in the GL, M and R-Class demonstrate that this innovative drive technology is particularly able to develop its potential in large, high-performance SUVs. The promising future of the BLUETEC concept is well illustrated by the Mercedes-Benz Vision GL 320 BLUETEC. This muscular SUV with a powerful V6 diesel engine has an output of 165 kW/224 hp and a torque of 510 newton metres, has an average fuel consumption of only 9.9 litres of diesel per 100 kilometres and meets the most stringent worldwide exhaust emission standards.
Mercedes-Benz has developed two versions of the modular BLUETEC emissions control system, both of them with the same purpose, namely to reduce nitrogen oxide emissions. This is the only diesel exhaust gas component whose levels are inherently above those of petrol engines. In the E 320 BLUETEC saloon already launched in the USA, an oxidising catalytic converter and a particulate filter are combined with an improved, particularly durable storage-type NOx catalytic converter and an additional SCR converter. The second BLUETEC version is even more effective, and can also be used in the Vision GL 320 BLUETEC,
Mercedes-Benz Vision ML 320 BLUETEC and Mercedes-Benz Vision R 320 BLUETEC shown here. In this case AdBlue, a harmless, aqueous urea solution, is sprayed into the exhaust tract, where the downstream SCR catalytic converter reduces up to 80 percent of the nitrogen oxides to harmless nitrogen and water.
Source: Mercedes-Benz
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The most varied range of SUVs in the premium segment comes from Mercedes-Benz. A close look at the model range in the Mercedes-Benz R, Mercedes-Benz M, Mercedes-Benz GL and Mercedes-Benz G-Class quickly shows that one of the 30 basic models available is bound to match up to the relevant individual requirements. With many detailed improvements, the Mercedes-Benz R-Class is the model series with the widest range of variants and particularly excels with its outstanding long-distance comfort, as well as the most spacious and variable interior with up to seven seats. The Mercedes-Benz M-Class is the best-seller of all the Mercedes-Benz Sports Utility Vehicles, and is particularly popular by virtue of its well-balanced characteristics. This series celebrated its much reported debut ten years ago, and is seen as the precursor to all modern premium SUVs. The Mercedes-Benz GL-Class occupies the peak position in the entire SUV world, and its occupants enjoy first-class travel under any conditions, both on and off the road. The solid and dependable "G" best displays its strengths off the beaten track, and is acknowledged as one of the world’s best cross-country vehicles. Mercedes-Benz demonstrates the potential of the diesel engine with the innovative Vision BLUETEC models in the R, M- and GL-Class, where fuel economy and very low exhaust emissions are at the centre of ongoing development work.
Even greater interior adaptability, two wheelbase lengths, rear-wheel drive or 4MATIC all-wheel drive, new engine variants and new, even more striking styling – the Mercedes-Benz R-Class now opens up even more possibilities. With a total of 13 basic versions, this model series offers the most extensive range within the Mercedes-Benz SUV family. Moreover, the interior now allows scope for new seating arrangements. For the first time, the R‑Class features a second row of seats for three people, providing scope for completely new seating arrangements: this touring SUV now provides seating for five occupants, however two, three, four, six or seven seats are also possible. In addition the owner of an R-Class has the benefit of an unbeatably large and versatile load compartment: the short-wheelbase Mercedes-Benz R‑Class can carry a maximum of 2001 litres, while the figure for the long-wheelbase version is a massive 2436 litres. This makes the R-Class the most variable and spacious model in the entire Mercedes-Benz passenger car range.
Mercedes-Benz R-Class: choice of rear-wheel or 4MATIC four-wheel drive
On the outside, the SUV Tourer is now distinguishable by an even more striking bodystyling package at the front and rear, as well as 18-inch light-alloy wheels, for all V6 versions. The top-of-the-range R 500 4MATIC is fitted with 19-inch wheels. The engine line-up is augmented by the new V6 petrol powerplant in the R 280, which shines with its impressive power delivery and moderate fuel consumption. Mercedes-Benz now offers three new entry-level Mercedes-Benz R-Class models – the R 280 CDI, the R 280 and the R 350 – all of which are V6 versions with rear-wheel drive and a choice of a short or long wheelbase. Thanks to the reduction in weight and inherently lower friction losses in the powertrain, the rear-wheel drive models return even lower fuel-consumption figures. The most fuel-efficient R-Class is now the R 280 CDI which consumes just 8.9 litres of diesel per 100 km (NEDC combined).
More power, lower fuel consumption: new V8-engine for the Mercedes-Benz M-Class
The Mercedes-Benz M-Class has entered the new model year with a new engine. The 285 kW/388 hp model ML 500 4MATIC is now equipped with the 5.5-litre V8 petrol unit, which increases the output by 82 hp compared to the preceding model and boosts the maximum torque from 460 to 530 newton metres. This power increase has a considerable effect on performance: the ML 500 4MATIC now accelerates to 100 km/h in 5.8 seconds, and has a maximum speed of 250 km/h. This increase in power and performance is not matched by a higher fuel consumption, however, as the NEDC combined consumption has been reduced by 0.6 litres to 12,8 litres per 100 kilometres. The range of petrol models is complemented by the 200 kW/272 hp model ML 350 with a V6-engine, as well as the high-performance ML 63 AMG with 375 kW/510 hp.
The top model in the diesel range is the ML 420 CDI 4MATIC, which develops an output of 225 kW/306 hp and a maximum torque of 700 Nm, and therefore has the highest torque of any model in the entire Mercedes-Benz M-Class series. In addition to the V8 diesel there is a choice of two other diesel units, both of them offering excellent performance with an even lower fuel consumption. The basic V6-engine in the ML 280 CDI has an output of 140 kW / 190 hp, while the ML 320 CDI with the same displacement generates 165 kW/224 hp. Both versions consume just 9.4 litres of diesel per 100 kilometres.
The first generation of the Mercedes-Benz M-Class (W 163) was launched in 1997 and is acknowledged as the precursor to all modern premium SUVs, with worldwide sales of around 600,000 units before its replacement in 2005. The present W 164-series M-Class is set to continue this success story, and 250,000 Mercedes-Benz customers have already purchased current model.
Mercedes-Benz GL-Class: top model in the SUV sector
With the GL-Class, Mercedes-Benz occupies the peak position in the market segment for luxurious Sports Utility Vehicles. This premium off-roader excels with excellent driving dynamics both on and off the road, and spoils its occupants with outstanding spaciousness together with the comfort of a luxury-class saloon. With its confident and imposing external appearance, the Mercedes-Benz GL-Class visually substantiates its claim to leadership in the hotly contested, worldwide market segment, while the interior welcomes its occupants with the typical Mercedes-Benz atmosphere of luxury and comfort reminiscent of the Mercedes-Benz S-Class.
The range of engines comprises four ultra-modern units whose harmonious torque and power characteristics decisively contribute to driving pleasure.
The V8 diesel engine of the GL 420 CDI 4MATIC develops 225 kW/306 hp and 700 newton metres of torque for superior drive characteristics, while the well-proven V6 unit of the GL 320 CDI 4MATIC guarantees effortless progress with 165 kW/224 hp and 510 newton metres. Like all diesel models in the Mercedes-Benz passenger car range, these two common-rail diesels are equipped with a maintenance-free particulate filter. A second eight-cylinder model is available in addition to the 285 kW/388 hp, 5.5-litre V8-engine in the GL 500 4MATIC – the GL 450 4MATIC with a peak output of 250 kW/340 hp.
In combination with the innovative 4MATIC four-wheel drive system, AIRMATIC air suspension as standard, precise speed-sensitive power steering and the likewise standard Adaptive Damping System ADS, the majestic GL (wheelbase 3075mm) delights its occupants with impressive handling and excellent ride comfort. And while the Mercedes-Benz GL already cuts a very good figure on the roads, it is a genuine off-roader which also excels as a cross-country vehicle. The modified AIRMATIC system allows a ground clearance of up to 307 millimetres, and the standard Offroad-Pro engineering package considerably enhances the capabilities on difficult terrain with its low-range transmission and disc-type locks at the rear and centre differentials. Other electronic control systems such as Offroad-ABS, Downhill Speed Regulation (DSR) and start-off assist help to reduce the driver’s workload even further.
Mercedes-Benz G-Class – 28 years of development work for sheer perfection
Even in its 28th production year, Mercedes-Benz is rigorously continuing a model strategy for the legendary G-Class which is just as unique as the classic off-roader itself: the striking body shape and indestructible base structure have been retained since 1979, and at the same time constant evolutionary improvements still reaffirm the technical leadership of the "G". The latest model facelift mainly affects the interior, where a new instrument cluster provides a more up-to-date look. Together with a centrally located display for the driver, four analogue dial instruments with fine chrome bezels provide a clearly laid out information centre. The elegant, four-spoke multifunction steering wheel has also been redesigned, while the modified centre console improves operating safety and upgrades the cockpit in visual terms. The standard appointments in the Mercedes-Benz G 500 and Mercedes-Benz G 55 AMG petrol models include the control and display system COMAND APS with a DVD navigation system, integral radio, CD-player and telephone keypad. Bi-xenon headlamps and foglamps with cornering lights are likewise standard equipment in all versions. Externally the new model is only distinguishable by discreetly modified rear lights. The "G" continues to be available in three body variants: two station wagon versions with a short or long wheelbase, and an extravagant Convertible with an electro/hydraulically operated roof.
Now as before, the classic among Mercedes-Benz off-road vehicles offers a superior synthesis of effective drive and dynamic system. In addition to permanent four-wheel drive with a low-range, off-road gearbox, standard equipment includes the electronically controlled traction system 4ETS, the Electronic Stability Program ESP® and three differential locks which can be selected at the touch of a button. Magna Steyr in Graz, Austria, has been producing the G-Class on behalf of Mercedes-Benz since 1979, with around 190,000 produced to date. And no end to this success story is yet in sight.
The "G" will continue to complement the Mercedes-Benz model range of highly capable SUVs in the coming years. Confirmation of the eternal youth enjoyed by the Mercedes-Benz G-Class recently came from the well-known off-road magazine "4wheel fun": in a vote for the "2007 Superstar" in the luxury category, this classic vehicle was declared the winner by a wide margin.
BLUETEC - the future of the diesel engine
Impressive output, high torque, a low fuel consumption and very low exhaust emissions – the Vision BLUETEC models in the GL, M and R-Class demonstrate that this innovative drive technology is particularly able to develop its potential in large, high-performance SUVs. The promising future of the BLUETEC concept is well illustrated by the Mercedes-Benz Vision GL 320 BLUETEC. This muscular SUV with a powerful V6 diesel engine has an output of 165 kW/224 hp and a torque of 510 newton metres, has an average fuel consumption of only 9.9 litres of diesel per 100 kilometres and meets the most stringent worldwide exhaust emission standards.
Mercedes-Benz has developed two versions of the modular BLUETEC emissions control system, both of them with the same purpose, namely to reduce nitrogen oxide emissions. This is the only diesel exhaust gas component whose levels are inherently above those of petrol engines. In the E 320 BLUETEC saloon already launched in the USA, an oxidising catalytic converter and a particulate filter are combined with an improved, particularly durable storage-type NOx catalytic converter and an additional SCR converter. The second BLUETEC version is even more effective, and can also be used in the Vision GL 320 BLUETEC,
Mercedes-Benz Vision ML 320 BLUETEC and Mercedes-Benz Vision R 320 BLUETEC shown here. In this case AdBlue, a harmless, aqueous urea solution, is sprayed into the exhaust tract, where the downstream SCR catalytic converter reduces up to 80 percent of the nitrogen oxides to harmless nitrogen and water.
Source: Mercedes-Benz
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Jaguar Canada recently accepted a National Readers Choice Award naming the Jaguar XK as the AutoNerve Magazine “Best of 2007.”
The Jaguar XK has been engineered above and beyond the high expectations that customers rightly have for a Jaguar sports car, a fact made possible because everything from its advanced aluminum chassis to its sophisticated transmission and exquisite interior has been designed in pursuit of a luxurious, advanced and stunning new Jaguar.
The 2007 Jaguar XK allowed Jaguar to emerge as a world leader in Lightweight Vehicle Technology while retaining its reputation for beautifully designed and crafted cars.
“We are very pleased that AutoNerve readers recognized the Jaguar XK as the best among all convertibles,” said Gary Moyer, president of Jaguar Canada. “We have always known that the Jaguar XK represents the very best in automotive engineering and design and it's great that national readers and customers agree.”
Readers were invited to vote for the best model in nine categories via ballot published in AutoNerve Magazine, in Chinese newspapers nationwide, on the web, as well as at the Vancouver Auto Show.
“The upcoming summer season has us dreaming of a long drive on a beautiful sunny day, " said Moyer. "What better way to enjoy the weather than in a beautiful Jaguar XK convertible?”
The 2007 Jaguar XK, offered in both coupe and convertible is a representation of how Jaguar’s sports cars offer cutting-edge technology to match their unparalleled appearance . Manufacturer's suggested retail price for the coupe version is $103,000 (CAD) and the 2007 Jaguar XK Convertible is $113,000 (CAD).
Source: Jaguar Cars Ltd
The Jaguar XK has been engineered above and beyond the high expectations that customers rightly have for a Jaguar sports car, a fact made possible because everything from its advanced aluminum chassis to its sophisticated transmission and exquisite interior has been designed in pursuit of a luxurious, advanced and stunning new Jaguar.
The 2007 Jaguar XK allowed Jaguar to emerge as a world leader in Lightweight Vehicle Technology while retaining its reputation for beautifully designed and crafted cars.
“We are very pleased that AutoNerve readers recognized the Jaguar XK as the best among all convertibles,” said Gary Moyer, president of Jaguar Canada. “We have always known that the Jaguar XK represents the very best in automotive engineering and design and it's great that national readers and customers agree.”
Readers were invited to vote for the best model in nine categories via ballot published in AutoNerve Magazine, in Chinese newspapers nationwide, on the web, as well as at the Vancouver Auto Show.
“The upcoming summer season has us dreaming of a long drive on a beautiful sunny day, " said Moyer. "What better way to enjoy the weather than in a beautiful Jaguar XK convertible?”
The 2007 Jaguar XK, offered in both coupe and convertible is a representation of how Jaguar’s sports cars offer cutting-edge technology to match their unparalleled appearance . Manufacturer's suggested retail price for the coupe version is $103,000 (CAD) and the 2007 Jaguar XK Convertible is $113,000 (CAD).
Source: Jaguar Cars Ltd
Kia Sub-compact Vehicle Earns Highest in Segment Honor in Initial Quality Study
2007 Kia Rio (pictured), Kia Rio5 Ranks Highest in Initial Quality Study By JD Power and Associates. (PRNewsFoto/Kia Motors America)
According to the J.D. Power and Associates 2007 Initial Quality Study(SM) (IQS) released today, the 2007 Kia Rio/Rio5 ranked highest in initial quality in the sub-compact segment. This is the second consecutive year Kia Rio/Rio5 has received this honor. Completely redesigned in 2006, the study captures issues experienced by owners in two distinct categories -- quality of design and quality of production (defects and malfunctions).
"The J.D. Power IQS awards are particularly significant since they are based directly on positive feedback from Kia owners," said Len Hunt, executive vice president and COO of Kia Motors America. "Fresh on the heels of the Strategic Vision Total Quality Index(TM) honors, this honor further demonstrates the strength of the full Kia line-up."
In the study, the Kia Rio/Rio5 was honored as the highest-ranking model in the sub-compact segment at 102 problems per 100 vehicles (PP100). The annual report measures 228 vehicle attributes across eight categories, including the driving experience, engine and transmission, and a broad range of quality problem symptoms reported by vehicle owners.
For 2007, the Kia Rio and Kia Rio5 model lineup, which includes three trim levels for the four-door sedan -- Base, LX and SX -- and the Rio5 SX five-door, continues to offer the same combination of engine performance and fuel economy as the 2006 model. Rio and Rio5 also offer one of the largest interior volumes in their class, as well as six standard airbags, including full-length side- curtain airbags.
Kia Motors America -- the sales, marketing and distribution arm of Kia Motors Corp. in Seoul, South Korea -- offers a complete line of vehicles through more than 630 retailers throughout the United States.
Headquartered in Westlake Village, Calif., J.D. Power and Associates is an ISO 9001-registered global marketing information services firm operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm's quality and satisfaction measurements are based on responses from millions of consumers annually. Find more detailed findings on new-vehicle quality performance as well as model photos and specs by watching a video, reading an article and reviewing quality ratings at JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
Source: Kia Motors America
2007 Kia Rio (pictured), Kia Rio5 Ranks Highest in Initial Quality Study By JD Power and Associates. (PRNewsFoto/Kia Motors America)
According to the J.D. Power and Associates 2007 Initial Quality Study(SM) (IQS) released today, the 2007 Kia Rio/Rio5 ranked highest in initial quality in the sub-compact segment. This is the second consecutive year Kia Rio/Rio5 has received this honor. Completely redesigned in 2006, the study captures issues experienced by owners in two distinct categories -- quality of design and quality of production (defects and malfunctions).
"The J.D. Power IQS awards are particularly significant since they are based directly on positive feedback from Kia owners," said Len Hunt, executive vice president and COO of Kia Motors America. "Fresh on the heels of the Strategic Vision Total Quality Index(TM) honors, this honor further demonstrates the strength of the full Kia line-up."
In the study, the Kia Rio/Rio5 was honored as the highest-ranking model in the sub-compact segment at 102 problems per 100 vehicles (PP100). The annual report measures 228 vehicle attributes across eight categories, including the driving experience, engine and transmission, and a broad range of quality problem symptoms reported by vehicle owners.
For 2007, the Kia Rio and Kia Rio5 model lineup, which includes three trim levels for the four-door sedan -- Base, LX and SX -- and the Rio5 SX five-door, continues to offer the same combination of engine performance and fuel economy as the 2006 model. Rio and Rio5 also offer one of the largest interior volumes in their class, as well as six standard airbags, including full-length side- curtain airbags.
Kia Motors America -- the sales, marketing and distribution arm of Kia Motors Corp. in Seoul, South Korea -- offers a complete line of vehicles through more than 630 retailers throughout the United States.
Headquartered in Westlake Village, Calif., J.D. Power and Associates is an ISO 9001-registered global marketing information services firm operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm's quality and satisfaction measurements are based on responses from millions of consumers annually. Find more detailed findings on new-vehicle quality performance as well as model photos and specs by watching a video, reading an article and reviewing quality ratings at JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
Source: Kia Motors America
TORONTO, Canada, May 8/PRNewswire/ -- Azure Dynamics Corporation (TSX: AZD & LSE: ADC) ("Azure" or the " Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, today announced its financial results for the first quarter ended March 31, 2007. The Company also provided an update on corporate and product development activities in the quarter.
"During 2006, we successfully developed strategic relationships with industry leaders such as Ford in our commercial vehicle segment, StarTrans in our shuttle bus segment and Kidron in our Low Emission Electric Power (" LEEP") or components segment, to drive market penetration in these product areas," said D. Campbell Deacon, Chairman of the Company's Board of Directors. "We are now seeing positive market traction resulting from these relationships. In the first quarter, we signed on twelve StarTrans distributors that will give us access to a distributor network covering approximately 70% of the targeted shuttle bus market in the U.S. and Canada . There was also a significant development subsequent to the end of the quarter as we signed a supply agreement with a value in excess of CDN$7.0 million with Electro Autos Eficaces of Mexico for 1,000 electric vehicle systems for Mexico City's municipal automobile fleet."
On April 17, 2007 the Company announced the appointment of Scott T. Harrison as Chief Executive Officer. D. Campbell Deacon, retiring Chief Executive Officer, became Chairman of the Board of Directors and Thomas N. Davidson, outgoing Chairman, will retire from the Board of Directors in June 2007. These changes were made to ensure that the Company has the appropriate skills to successfully transition from the development stage to commercial production. Mr. Harrison has extensive production and supply chain experience with both new and established products in the automotive industry.
In an effort to reduce costs as well as ease interaction with major suppliers and strategic partners, Azure will establish a new corporate head office and development center in the heartland of the North American automotive industry. The new location will be selected to ensure the Company can leverage its relationship with Ford and capitalize on the significant opportunities in the mid-sized truck market. The office in Toronto as well as the Kenilworth facility in the UK will be closed. The scope of work with Ford as well as other OEM's makes the establishment of this new facility a compelling action at this stage of the Company's development. In addition these practical moves are expected to provide cost savings in excess of CDN$1.6 million annually. The cost savings are related to both fixed costs for facilities and people as well as in variable costs, such as travel.
During the quarter under review, Management continued to consider strategic proposals from potential industry partners. Although the calibre of the potential partners has been very impressive, it is Management's assessment (supported by the Board) that the proposals to date do not adequately recognise the value of the Company. This view has been reinforced by recent new customer developments and by the heightened level of interest in the industry in general. The Company will continue to evaluate all alternatives as it progresses.
Financial Results
Revenue for the first quarter of 2007 totalled CDN$0.2 million compared to CDN$1.1 million in the first quarter of 2006. The revenue was lower in the first quarter of 2007 due to decreased activities in funded engineering contracts in the Boston operation as the Company is now focussed on its core production programs. Net loss for the first quarter of 2007 was CDN$6.5 million, or CDN$(0.03) per share, compared to a loss of CDN$4.6 million or CDN$(0.03) per share in the first quarter of 2006. The net loss is higher in the 2007 quarter primarily due to lower margin contribution due to lower revenues and higher levels of engineering and operational activities as the development of the Ford P1 parallel hybrid vehicle and ramp-up of the G1 series production progresses.
Before contributions, the Company's engineering, research and development ("R&D") expenses in the quarter totalled CDN$4.2 million ( including CDN$2.7 million in product development costs), compared to CDN$2. 7 million for the same period in 2006 (including CDN$1.6 million in product development costs). During the quarter, the Company progressed its P1 development and continued the final engineering and production activities associated with the G1 delivery vans and shuttle bus.
As of March 31, 2007, the Company's net cash and cash equivalents totalled CDN$21.5 million, and working capital totalled CDN$26.1 million, compared to cash and cash equivalents of CDN$27.2 million, and working capital of CDN$32.5 million, as at December 31, 2006.
Product Developments
The main developments in core product lines for the first quarter of 2007 included the following:
<<
G1 Series (7,500 to 16,000 lbs. gross vehicle weight, "GVW") ------------------------------------------------------------
- Purolator has completed the introduction of the 30 new hybrid delivery vans into their fleet operations in the first part of 2007; their combined fleet of Azure hybrid vehicles now totals 49; - Delivered nine hybrid cab-chassis to StarTrans where they are in- progress to produce G1 hybrid shuttle buses (the CitiBus Hybrid Senator HD or "CitiBus"). P1 Parallel (10,000 - 19,000 lbs. GVW)
--------------------------------------
- Advanced the P1 parallel hybrid vehicle through the initial concept phase, including the build and testing of alternative design prototypes. The selected concept is now undergoing detailed design work which will include building, testing and optimizing further design prototypes. Demonstration prototypes will be scheduled for customer in-service trials in mid-2007. Thereafter, a quantity of pre-production units for lead customers is anticipated to be built, commencing in late-2007 with full production commencing in 2008. It is intended, subject to formal agreement, to distribute the hybridized chassis through Ford's distribution channels. Other product developments
--------------------------
- In the process of designing and building the initial prototype of the LEEP system with a refrigerated truck body supplied by Kidron. The LEEP system is expected to be in production by the second-half of 2007. - On April 9, 2007, the Company entered into a supply agreement with Electro Autos Eficaces of Mexico ("EAE") for 1,000 electric drive systems for integration into the Nissan Tsuru sedan for use in Mexico City's municipal fleet. The first converted vehicle was completed in April 2007 and was unveiled at the International Electric Vehicle Forum on May 8, 2007 in Mexico City. >> [/code]
The Company's fiscal 2007 first quarter financial statements and MD&A are available at www.sedar.com or on the Company's website at ww.azuredynamics.com.
Annual General Meeting
All interested parties are invited to attend the Annual Shareholder Meeting on June 12, 2007 at 4:30 p.m. (local time) at The National Club, 303 Bay Street, Toronto, Ontario. In addition to the formal business described in the Management Information Circular, there will be a management presentation on business activities and the Company's 2006 financial results.
About Azure Dynamics
Azure Dynamics Corporation (TSX: AZD) (LSE: ADC) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets and is currently working internationally with various partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions.
For more information visit www.azuredynamics.com
The TSX and LSE Exchanges do not accept responsibility for the adequacy
or accuracy of this release.
Forward-looking Statements
This press release contains forward-looking statements. More particularly, this press release contains statements concerning Azure's business development strategy, projected commercial revenues and product deliveries.
The forward-looking statements are based on certain key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs, target market acceptance of Azure's products, current and new product performance, availability and cost of labour and expertise, and evolving markets for power for transportation vehicles.
Although Azure believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with Azure's early stage of development, lack of product revenues and history of losses, requirements for additional financing, uncertainty as to commercial viability, uncertainty as to product development and commercialization milestones being met, uncertainty as to the market for Azure's products and unproven acceptance of Azure's technology, competition for capital, product market and personnel, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability of management and key personnel , and acquisition integration risk. These risks are set out in more detail in Azure's annual information form which can be accessed at www.sedar.com
The forward-looking statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
<<
------------------------------------------------------------------------
Azure Dynamics Corporation
(A Development Stage Enterprise)
Consolidated Balance Sheets
(Stated in Thousands)
March 31 December 31 March 31
2007 2006 2006
As at (unaudited) (audited) (unaudited)
------------------------------------------------------------------------
CDN$ CDN$ CDN$
ASSETS
Current
Cash and cash equivalents 20,592 27,192 15,775
Accounts receivable 3,553 3,394 583
Contributions receivable 557 1,274 782
Inventory and related
prepayments 4,561 3,821 3,043
Prepaid expenses 953 831 1,067
30,216 36,512 21,250
Restricted cash 914 699 701
Property and equipment 5,733 5,614 5,615
Other assets - - 54
Intangible assets, net of
amortization (Note 3) 10,217 10,542 11,754
Goodwill (Note 3) 2,932 2,932 2,932
------------------------------------
50,012 56,299 42,306
------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS'
EQUITY
Current
Accounts payable and accrued
liabilities 2,715 2,814 2,397
Customer deposits & deferred
revenue 1,164 1,046 1,042
Current portion of notes payable
(Note 4) 210 212 2,554
------------------------------------
4,089 4,072 5,993
------------------------------------
Long-term
Deferred revenue 926 943 1,015
Notes payable (note 4) 2,263 2,294 -
------------------------------------
3,189 3,237 1,015
------------------------------------
Shareholders' equity
Share capital (Note 5) 112,822 112,803 81,387
Contributed surplus (Note 5) 4,048 3,816 2,672
Deficit (74,136) (67,629) (48,761)
------------------------------------
42,734 48,990 35,298
------------------------------------
50,012 56,299 42,306
------------------------------------------------------------------------
------------------------------------------------------------------------
Azure Dynamics Corporation
(A Development Stage Enterprise)
Consolidated Statements of Operations and Deficit
(Stated in Thousands)
For the three months
ended March 31
(unaudited)
2007 2006
------------------------------------------------------------------------
CDN$ CDN$
Revenues 156 1,147
Cost of sales 67 843
----------------------
Gross Margin 89 304
----------------------
Expenses
Engineering, research, development and
related costs, net 3,947 2,416
Selling and marketing 831 725
General and administrative 1,964 1,817
----------------------
Total expenses 6,742 4,958
----------------------
----------------------
Loss from operations (6,653) (4,654)
Interest and other income, net 197 137
Foreign currency losses (51) (49)
----------------------
Net loss for the period (6,507) (4,566)
Deficit, beginning of period (67,629) (44,195)
----------------------
Deficit, end of period (74,136) (48,761)
------------------------------------------------------------------------
Loss per share - basic (0.03) (0.03)
Weighted average number of shares - basic (x) 198,275 156,631
(x) No fully diluted earnings per share have
been disclosed, as these would be anti dilutive.
------------------------------------------------------------------------
Azure Dynamics Corporation
(A Development Stage Enterprise)
Consolidated Statements of Cash Flows
(Stated in Thousands)
For the three months
ended March 31
(unaudited)
2007 2006
------------------------------------------------------------------------
CDN$ CDN$
Cash flows from operating activities
Net loss for the period (6,507) (4,566)
Adjustments for:
Amortization of property and equipment and
other assets 214 193
Amortization of intangible assets 337 401
Unrealized foreign currency gains/(losses) 8 25
Stock option compensation expense 236 424
----------------------
(5,712) (3,524)
Changes in non-cash working capital items (319) (1,764)
Movement due to exchange impact 17 5
----------------------
Total Cash flows from operating activities (6,014) (5,283)
----------------------
Cash flows from financing activities
Issuance of common shares (net of costs) 15 617
Principle payments on notes payable (10) (15)
Movement due to exchange impact (23) 11
Total Cash flows from financing activities (18) 613
Cash flows from investing activities
Acquisition of property and equipment (334) (235)
Acquisition of other assets (12) (15)
Changes in restricted cash (225) -
----------------------
Total Cash flows from investing activities (571) (250)
----------------------
Decrease in cash and cash equivalents (6,603) (4,919)
Exchange impact on cash held in foreign
currency 3 (27)
Cash and cash equivalents, beginning of period 27,192 20,721
----------------------
Cash and cash equivalents, end of period 20,592 15,775
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Source: Azure Dynamics Corporation
Michael Streichsbier of Cleaire Advanced Emission Controls, San Leandro, Calif., won a 2007 Toyota Camry Hybrid at the SAE 2007 World Congress in Detroit.
The car was awarded through a random drawing funded by Dassault Systemes. The following runners-up received a $1,000 American Express gift card:
-- Jie Chen, North American Lighting Technology Center, Farmington Hills, Mich.
-- Myha Truong, ThreeBond International, West Chester, Ohio
To be eligible for the drawing, SAE 2007 World Congress attendees participated in SAE International's "Technology Trip Ticket" program. Attendees chose a ticket from one of the following categories -- safety, testing and simulation; electronics and software; or powertrain and hybrid -- and presented the ticket to participating exhibitors for validation.
Contact: Nancy Lewis or Shawn Andreassi, pr@sae.org or 248-273-4092
Source: SAE International
The car was awarded through a random drawing funded by Dassault Systemes. The following runners-up received a $1,000 American Express gift card:
-- Jie Chen, North American Lighting Technology Center, Farmington Hills, Mich.
-- Myha Truong, ThreeBond International, West Chester, Ohio
To be eligible for the drawing, SAE 2007 World Congress attendees participated in SAE International's "Technology Trip Ticket" program. Attendees chose a ticket from one of the following categories -- safety, testing and simulation; electronics and software; or powertrain and hybrid -- and presented the ticket to participating exhibitors for validation.
Contact: Nancy Lewis or Shawn Andreassi, pr@sae.org or 248-273-4092
Source: SAE International
The Chrysler Group reported that its Five Star(R) dealers sold 10,393 Certified Pre-Owned Vehicles (CPOV) in April 2007, a 2 percent decline from the same month last year (2006: 10,586). On a positive note, year-to-date sales were up 6 percent to 42,623 units (2006: 40,357).
For the month, Chrysler brand sales declined 7 percent to 3,580 units. Jeep(R) brand sales increased 8 percent to 2,500 units and Dodge brand sales dipped 2 percent to 4,313 units. Vehicle sales highlights for the month include the Chrysler 300/300C up 45 percent; the Chrysler Pacifica up 7 percent and the Jeep Liberty up 17 percent. Dodge Magnum sales also increased 29 percent year-to-date.
"April was a soft month industrywide for used vehicle sales," said Peter Grady, Director -- DaimlerChrysler Motors Remarketing. "Our dealers took a breather from their record-setting pace, but still delivered excellent sales results."
The Chrysler Group offers one of the most comprehensive Certified Pre- Owned Vehicle programs in the industry. For a vehicle to be certified under the Chrysler Group's used-vehicle program, it must be a 2002 through 2007 model preowned vehicle with less than 65,000 miles and pass a stringent 125- point inspection. The Chrysler Group's CPO vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty, in addition to a Carfax Vehicle History Report and buyback guarantee.
Marketed as "Brand Spankin' Used(R)," the Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have earned the automaker's Five Star certification. Five Star certification is a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation as well as customer satisfaction survey ratings. Approximately 2,100 Chrysler Group dealerships in the United States are certified Five Star dealers.
Source: Chrysler Group
For the month, Chrysler brand sales declined 7 percent to 3,580 units. Jeep(R) brand sales increased 8 percent to 2,500 units and Dodge brand sales dipped 2 percent to 4,313 units. Vehicle sales highlights for the month include the Chrysler 300/300C up 45 percent; the Chrysler Pacifica up 7 percent and the Jeep Liberty up 17 percent. Dodge Magnum sales also increased 29 percent year-to-date.
"April was a soft month industrywide for used vehicle sales," said Peter Grady, Director -- DaimlerChrysler Motors Remarketing. "Our dealers took a breather from their record-setting pace, but still delivered excellent sales results."
The Chrysler Group offers one of the most comprehensive Certified Pre- Owned Vehicle programs in the industry. For a vehicle to be certified under the Chrysler Group's used-vehicle program, it must be a 2002 through 2007 model preowned vehicle with less than 65,000 miles and pass a stringent 125- point inspection. The Chrysler Group's CPO vehicles are backed by an eight- year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000- mile Maximum Care warranty, in addition to a Carfax Vehicle History Report and buyback guarantee.
Marketed as "Brand Spankin' Used(R)," the Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have earned the automaker's Five Star certification. Five Star certification is a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation as well as customer satisfaction survey ratings. Approximately 2,100 Chrysler Group dealerships in the United States are certified Five Star dealers.
Source: Chrysler Group
