Posts Tagged ‘Detroit’

1970’s Oil Embargo: We Didn’t Learn a fuckin thing

May 2, 2008

After the huge response we experienced with the DC Design three-door Cayenne, we thought it’d be a good idea to put up some new images of one of the design company’s previous “masterpieces”, a Rolls Royce inspired coupe. Official details are scarce, but we believe the car is based on the original RR Silver Spirit saloon and created for an owner whose design brief was to build a Rolls Royce that would shock anyone who looked at it. The exterior has obviously been heavily modified with an eye to Nissan’s 350z, but it also looks like the interior has undergone cosmetic surgery. As Gas Costs Soar, Buyers Are Flocking to Small Cars
From The New York Times By BILL VLASIC Published: May 2, 2008>>read moreImage.
DETROIT — Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede.     How the Industry Fared In what industry analysts are calling a first, about one in five vehicles sold in the United States was a compact or subcompact car during April, based on monthly sales data released Thursday. Almost a decade ago, when sport utility vehicles were at their peak of popularity, only one in every eight vehicles sold was a small car.     The switch to smaller, more fuel-efficient vehicles has been building in recent years, but has accelerated recently with the advent of $3.50-a-gallon gas. At the same time, sales of pickup trucks and large sport utility vehicles have dropped sharply.     In another first, fuel-sipping four-cylinder engines surpassed six-cylinder models in popularity in April.     “It’s easily the most dramatic segment shift I have witnessed in the market in my 31 years here,” said George Pipas, chief sales analyst for the Ford Motor Company.     The trend toward smaller and lighter vehicles with better mileage is a blow to Detroit automakers, which offer fewer such models than Asian carmakers like Toyota and Honda. Moreover, the decline of S.U.V.’s and pickups has curtailed the biggest source of profits for General Motors, Ford and Chrysler.     Once considered an unattractive and cheap alternative to large cars and S.U.V.’s, compacts have become the new star of the showroom at a time when overall industry sales are falling.

Advertisements

Gas Buyers Pick Brand Over Price

April 21, 2008

Costs Continue to Soar, but Consumers Shift Their Focus to Product Benefits From Ad Age By Jean Halliday Published: April 21, 2008 click to read more.     DETROIT (AdAge.com) — Even as gasoline prices creep close to $4 per gallon in some markets, consumers are increasingly choosing to buy based on brand benefits rather than price or location.      Shell viral: The oil company is attempting to reach younger drivers on the web.     According to NPD Group analyst David Portalatin, consumers in the past year have more often cited product performance as a reason to buy a given brand of gasoline. That marks a turnaround after a decade of decline, indicating that big oil’s branding pushes are beginning to pay off.      It’s “a little surprising,” said Mr. Portalatin, given the record prices. Indeed, the price of U.S. retail unleaded gasoline hit a record average of $3.32 a gallon in the first week of April, although the San Francisco Bay area was even higher at $3.71, according to the most recent information available from industry researcher Lundberg Survey.     Nationally, prices at the pump jumped nearly 53¢ per gallon compared with a year ago. But it appears consumers are deciding that if they have to pay more, they might as well go for quality.