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Experian Automotive: total number of light vehicles on US roads at highest level since 2008

Green Car Congress

Increased new vehicle sales and lower scrappage rates pushed VIO to the highest point on record since Q3 2008. Other findings include: General Motors had the highest share of VIO at 26.6%, followed by Ford (18.9%), Toyota (12.6%) and Chrysler (12.5%). The number of cars and light trucks on the road in the US reached 247.9

2008 207
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EcoMotors acquires engine developer Katech Manufacturing

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EM is a privately held company, founded in 2008, whose primary investors are Khosla Ventures, Bill Gates and Braemar Energy Ventures. Katech has developed and produced technology for multiple automakers, including General Motors, Ford and Chrysler. (Fritz) Kayl will maintain a consulting role with the company.

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USABC awards $8M advanced battery technology contract to A123 Systems

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The United States Advanced Battery Consortium LLC (USABC), an advanced research collaboration among Chrysler Group LLC, Ford Motor Company and General Motors, has awarded an $8-million advanced battery development contract with A123 Systems Inc. A second $12.5

Batteries 218
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US LDV Sales Down 34.4% in April; Hybrid Sales Down 45.5%

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April 2008 and April 2008 both had 26 selling days. million SAAR in April 2008. Reported hybrid new vehicle share in April 2008 was 3.2%—the General Motors. General Motors dealers in the United States delivered 173,007 vehicles in April, down 34% compared with a year ago. in April 2009.

Sale 150
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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

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With a few exceptions, General Motors Company (GM), Ford Motor Company (Ford), and Chrysler Group LLC (Chrysler) have focused mainly on refining existing vehicles in 2012, rather than introducing new models or new versions of existing models. than was seen in 2010 and 2011.

2012 186
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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

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General Motors. over July 2008. over July 2008. American Honda Motor Co., compared to July 2008 results. Chrysler Group LLC reported total US sales for July 2009 of 88,900 units, a decrease of 9% year-on-year, although up 30% versus June 2009. Dodge Avenger sales increased 30% versus July 2008.

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Presidential Auto Task Force Concluded Plug-In GM Volt Likely Too Expensive To Be Commercially Successful in the Short-Term

Green Car Congress

Following the short address on Monday during which President Barack Obama outlined the next steps for GM and Chrysler ( earlier post ), the White House posted summaries of the Presidential Auto Task Force’s assessment of the business plans provided by the two struggling automakers, which led to the terms that are currently unfolding.

Volt 170