About Auto Industry

Everyone has their eyes on the automotive industry lately. BNET Automotive gathers and supplies daily industry trends and news coverage with specific insights for managers and executives, focusing on the major auto companies and parts manufacturers. In addition to detailed auto company trends and profiles, we report on new alliances and partnerships, new models, mergers and acquisitions, labor management, auto unions, investments, and other key issues related to this sector of business.

Detroit Three Embrace a Future With (Some) Promise

By Steve Miller | Jun 18, 2009

Even in a post-bankruptcy haze, there are bright spots in Detroit if one looks hard enough. But first the inevitable bad news.

Chrysler seems intent on the same old thing, with its backing of the new Jeep Cherokee, which last year endured a 39 percent dip in sales and this year is off almost 50 percent.  The vehicle has been plagued by the same quality issues that have dogged Jeep for years. Is it a smart business move to be so intent on keeping it alive?

Chrysler at one point debated dropping the Dodge Durango altogether as recently as 2006, when SUV sales began to tank. Sales were off 36 percent in 2007, a boom year for the auto industry with 16.1 million sales. Now, the brand is touting a brand new Durango amidst an industry embrace of all things small.

But on the Fiat side, we’re told that the tiny 500 sedan will come to the U.S. market sometime in 2011, although it will probably look a little different than the model sold overseas. If the 500 could be produced with better quality and uphold the sporty little Mini-esque look, this would indeed give Chrysler a welcome new look. And Fiat will have hit the market with a bang, which it sorely needs to do.

General Motors’ 2010 model line looks good, with the mix of trucks and cars actually giving it a new feel, with six redesigned cars and crossovers.

The two Cadillac entries, the SRX crossover and the CTS Sport Wagon, are smart luxury entries in a category that will garner interest moving forward as all automakers look to the smaller versions of the traditional SUV.

Ford stands alone as the Detroit brand that refused the government’s generous assistance. Right off, the retooled Taurus sedan is a genuine stab at reclaiming the sedan’s heyday of the 80s. The Taurus SHO has everyone at Ford’s HQ high-fiving. And folks are prepared to like it, even the often-cranky Car Connection.

Ford has already made it through the rough spots and emerged as successful in relative terms; through May, sales for the Ford group were off 38.1 percent, compared to Toyota’s 39 percent dip. And that says plenty today, when the trend is to believe that Asian carmakers have it all over Detroit.

Ford Taurus SHO image by Flickr user geognerd, CC 2.0

Steve Miller has covered the auto industry, including product news, business issues and marketing, for Ward's Auto World, Brandweek and several other national media outlets.

BNET User Analysis

Web Buzz:
  • Fiat Chief To Assume Command of Chrysler After Bankruptcy

    Edmunds - 200 days 8 hours 29 minutes ago

    Date posted: 2009-05-07 11:57:00.0 MILAN, Italy/NEW YORK — In an expected development, Fiat Group CEO Sergio Marchionne is poised to take the top spot at Chrysler after it emerges from bankruptcy, according to media reports. He will replace Robert Nardelli, the current Chrysler CEO, who said last week that he plans to leave the automaker....

  • 10 tough challenges facing Chrysler

    MSNBC - 196 days 15 hours 56 minutes ago

    To rescue the Chrysler brand, experts say the company must attack a laundry list of gargantuan tasks, starting with successfully emerging from bankruptcy and including everything from pruning its product line to improving its employees battered morale. The challenges faced by Chrysler could derail even the strongest of companies at the...

  • Chrysler recalls over 4,000 Jeeps due to Possible Airbag Failure

    Automotive - 222 days 8 hours 22 minutes ago

    Chrysler's Jeep brand has issued a recall on Jeep Grand Cherokee, Commander, and Wrangler models. Apparently incorrect wiring could prevent the driver's seat airbag from inflating during an accident.More details like vehicle models can be found here. Owners should be receiving notices in the next couple of weeks.  Apparently incorrect wiring...

  • Can "New" GM Thrive, Survive?

    Edmunds - 146 days 7 hours 21 minutes ago

    Date posted: 06-30-2009 DETROIT — General Motors' Chapter 11 bankruptcy is winding its way toward completion — perhaps even quicker than the lickety-split Chrysler bankruptcy restructuring. And everybody knows the plan, as it was with Chrysler, is to leverage the now-famous section 363 of the bankruptcy code to create a "good" GM that...

  • DTN News: Singapore TODAY August 7, 2009 ~ Haze Back In Singapore As 50 Hot Spots Detected In Sumatra

    Defense Technology News - 108 days 20 hours 15 minutes ago

    DTN News: Singapore TODAY August 7, 2009 ~ Haze Back In Singapore As 50 Hot Spots Detected In Sumatra *Source: DTN News / Int'l Media (NSI News Source Info) SINGAPORE - August 7, 2009: The haze is back in Singapore and you can expect more hazy days ahead. Smoke haze shrouded Singapore on Thursday morning, with an acrid burning smell hanging...

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here