plus 3, What to do if your accelerator sticks - Jackson Clarion-Ledger |
- What to do if your accelerator sticks - Jackson Clarion-Ledger
- ResponseLogix Survey: 2010 Internet Driven Car Sales Projected to Grow ... - Consumer Electronics Net
- China Automotive Systems and Beijing Auto Form Joint Venture to Supply ... - Forbes
- Strategy Analytics: Automotive Buyers Unwilling to Pay for Advanced ... - PR Inside
| What to do if your accelerator sticks - Jackson Clarion-Ledger Posted: 27 Jan 2010 09:01 PM PST Toyota Motor Corp. has stopped selling and building eight models, saying there's a possibility that their accelerator pedals may get stuck in a partially depressed position or return slowly to the idle position. The automaker and experts have advice for drivers if a vehicle's accelerator pedal sticks: Basic adviceConsumer Reports magazine's instructions are simple: First, brake hard. Then put the car in neutral. When you come to a stop, turn off the engine. The engine may keep revving loudly while you try to stop, but don't turn it off if you can avoid it. Turning off the engine means you lose power-assisted steering and brakes, and if you turn the key too far, you could lock the steering wheel. The revving isn't good for the transmission, but that's not important, said John Heywood, director of MIT's Sloan Automotive Lab. Consumer Reports has a video demonstration on its Web site at http://tinyurl.com/yegvesp. Don't pump brakesToyota warns that pumping the brake pedal will deplete the vacuum assist, which boosts the braking force using power from the engine. If that's depleted, you'll need to put much stronger pressure on the brake pedal, and it still might not be enough force to stop safely. "If the engine really goes to wide open throttle it's really scary," Heywood said. "You have to jam your foot on the brake really hard." When all else failsIf you can't put the vehicle in neutral, then turn the engine off. This will not cause loss of steering or braking control, but the power assist to these systems will be lost. Toyota advises: If the vehicle is equipped with a conventional key-ignition, turn the ignition key to the accessory (ACC) position, but don't remove the key from the ignition, because that will lock the steering wheel. If your start your car by pressing a button instead of turning a key, push and hold the start-stop button for at least three seconds to turn off the engine. Do not tap the button. Sources: Toyota documents, Consumer Reports, AP interviews Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 27 Jan 2010 05:27 PM PST January 27, 2010 -- SUNNYVALE, Calif., BUSINESS WIRE --ResponseLogix, Inc., the leading provider of automotive digital response management software for internet leads, today released the results of a customer survey that shows internet sales are expected to become even more dominant in terms of the percentage of total dealership sales. Half of the dealerships surveyed expect internet sales to represent more than 30 percent of their total car sales this year.  In another interesting finding, the survey revealed dealers believe that consumers are expecting ever faster response times on requests for quotes. Whereas in 2009, 46 percent of respondents believed their customers sought a price quote in 10 minutes or less, 67 percent of respondents (an increase of 45 percent) believe consumers will have this expectation in 2010. A whopping 96 percent of respondents say that car shoppers in 2010 will be unwilling to wait more than one hour for a quote. 'Today, the internet has empowered consumers to expect instantaneous information at their fingertips. Car shoppers demand information that is comprehensive, detailed and directly responsive to the questions they posed,' said Tom Mohr, CEO of ResponseLogix. 'Our customers realize that by creating a favorable first impression with the car buyer, they will jump ahead of their competitors, increasing sales at their expense.' Some 41 percent more dealers predicted that internet sales will represent at least 30 percent of their business during 2010 as compared to their 2009 sales. Looking into 2010, 49 percent of respondents project that sales will comprise over 30 percent of their total car sales as compared to only 35 percent who indicated that internet sales represent one third of their business last year. Auto dealers stated in written comments that the most important challenges facing them this year include converting more leads into sales, realizing better results from the internet, and staying ahead of their competition. About ResponseLogix, Inc. ResponseLogix is a pioneer in the emerging category of Digital Response Management (DRM), leading the industry with a marketing solution suite that enables dealers to maximize sales from internet leads. ResponseLogix helps dealers solve the top three challenges facing their internet sales departments: the speed and quality of the initial response to internet leads, the impact and consistency of ongoing follow-up, and the effectiveness of the internet team's live communication with the customer. No other solution provides dealers with a proven, robust marketing solution that delivers such significant increases in the conversion of internet leads to sales. ResponseLogix delivers software as a service (SaaS) technology to auto dealers that engages the customer early in the car buying process and then propels them toward purchase. SmartQuote delivers a relevant quote response within 10 minutes of internet lead receipt 95% of the time. SmartFollow automatically follows-up and reactivates leads if the customer doesn't buy right away. SmartFacts delivers powerful analytics to help optimize the performance of Internet sales departments. ResponseLogix products are available in 40 US markets for Toyota, Ford, Lincoln-Mercury, Chrysler, Dodge, Jeep, Honda, Lexus, Audi, Acura, Nissan, Infiniti and Hyundai dealers across the US. Additional OEM's will be supported soon. Additional information is available at www.responselogix.com. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| China Automotive Systems and Beijing Auto Form Joint Venture to Supply ... - Forbes Posted: 27 Jan 2010 06:42 AM PST
WUHAN, China, Jan. 27 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today its subsidiary Great Genesis Holdings Limited has signed a definitive agreement to form a joint venture ("JV") with the Beijing Hainachuan Auto Parts Co. Ltd. subsidiary of Beijing Automobile Industrial Holdings ("Beijing Auto"). The new joint venture, Beijing Hailong Automotive System Co., Ltd., will design, develop and manufacture both hydraulic and electric power steering systems and parts at competitive prices to meet the growing power steering needs of Beijing Auto. The new JV will be a 50%/50% ownership between CAAS and Beijing Auto, respectively. Four members of the JV's 7-person Board of Directors will be appointed by CAAS with the remaining 3 members appointed by Beijing Auto. Article ControlsA new production facility is expected to be completed and operational within 18 months with a designed capacity for 300,000 units of hydraulic and 200,000 units of electric power steering systems plus parts. This structure will be located approximately 70 kilometers from the Beijing airport and 110 kilometers from the port at Tianjin to provide cost-effective shipping. The total investment is expected to approximate $20 million, with $10 million expended in the first 12 months, to be equally shared by both JV partners. The CAAS Research Institute will work closely with the Beijing Auto Research Institute to develop the new steering models to meet the specific needs for the vehicles produced by Beijing Auto. Mr. Hanlin Chen, Chairman of China Automotive Systems, commented, "We are very excited that Beijing Auto has selected CAAS as its trusted strategic partner for these key safety-related steering units to support their expansion plans. This JV is another milestone after our JV with Chery Auto in 2007, and Beijing Auto adds to our list of leading Chinese brands who rely on us for advanced, highly reliable steering units. Our new JV is further acknowledgement of our design and manufacturing expertise." Beijing Automotive Industry Holding Co., Ltd. is a state-owned enterprise and has been a pioneer in China's automotive industry for a half century. It is one of China's major auto production bases and among the 8 largest automobile groups in China. It is comprised of tens of production factories and research institutes to produce 700,000 vehicles per year plus parts, in major categories such as jeeps, light-duty and commercial trucks, vans and automobiles. Among its operations are Beiqi Foton Motor Co., Ltd., Beijing Hyundai Motor Co., Ltd., Beijing Benz - Daimler Chrysler Automotive Co., Ltd. and Beijing Automobile Works Co., Ltd. About China Automotive Systems, Inc. Based in Hubei Province, People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers 4 separate series of power steering with an annual production capacity of over 2.5 million sets, steering columns, steering oil pumps and steering hoses. Its customer base is comprised of leading Chinese auto manufacturers such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd., etc. For more information, please visit: http://www.caasauto.com Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition and the impact of acquisitions on its financial performance. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the impact of competitive products, pricing and new technology; changes in demand for the Company's products; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, delays and cost overruns related to developing and opening new production facilities; and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. For further information, please contact: Jie Li Chief Financial Officer China Automotive Systems Email: jieli@chl.com.cn Kevin Theiss Investor Relations Grayling Phone: +1-646-284-9409 Email: kevin.theiss@us.grayling.com SOURCE China Automotive Systems, Inc. Copyright 2009 PR Newswire All rights reserved. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.  This posting includes an audio/video/photo media file: Download Now |
| Strategy Analytics: Automotive Buyers Unwilling to Pay for Advanced ... - PR Inside Posted: 26 Jan 2010 08:02 AM PST 2010-01-26 17:01:04 -
A recent Strategy Analytics survey of vehicle owners in the USA and UK found that while drivers are interested in many advanced automotive safety features, the current price for these features dissuades them. Details may be found in the Strategy Analytics Automotive Consumer Insights (ACI) report, " Consumers Interested in Advanced Safety Features, but Not at Current Price : From adaptive cruise control and blindspot detection, to night vision and pre-crash safety systems, consumers in the USA and UK indicated great interest, however at a fraction of their current price. "These findings : Kevin Nolan, Vice President of the Strategy Analytics User Experience Practice, added, "Blindspot detection shows more promise in the US than in the UK, as UK consumers show interest but are less willing to pay." Strategy Analytics, Inc.US Contact:Chris Schreiner, +1 716-714-5333 cschreiner@strategyanalytics.com : mailto:cschreiner@strategyanalytics.com orEuropean Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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