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REPORT: Analysts suggest new vehicles sales could rebound to 10M pace in June



June auto sales will no doubt be ugly. In all likelihood, the sixth month of the year will be the 24th month in the past 25 to see a year-over-year sales decline. June could also bring a bit of good news, though, as an Automotive News poll of nine different industry analysts shows that sales may hit an annualized rate of 10 million, up from the 9.1-9.9 levels of previous months this year.

The slight pickup in June sales verses May numbers would suggest that the market for new cars and trucks has likely bottomed out. Edmunds predicts that the automaker likely to gain much share in June is Ford, as the car research site predicts sales that its sales are down only 15.6%. The next smallest decline is predicted to be Nissan at 24.2%, and then Toyota, Honda, GM, and Chrysler are all guesstimated to be between 28-32%. The June 2009 sales figures will likely be a bit skewed for Honda, though, as the Japanese automaker had an unusually strong June 2008 because of a big-time push for fuel efficient vehicles due to $4 per gallon gas.

Deutsche Bank analyst Rod Lache has told Automotive News that the second half of the year could see even more of an upward trend due to the freshly minted Cash-for-Clunkers law. Lache says sales could hit 11 million on an annualized rate, though it's likely that most people driving junkers can't afford a new car payment along with increased insurance rates.

[Source: Automotive News subs req'd | Image: Karen Bleier/AFP/Getty]

GM ushers in misnamed "72-Hour Sale" with 0% financing on many Pontiacs, Chevys, GMCs


2009 Pontiac G8 GXP – Click above for high-res image gallery

General Motors needs to move Pontiacs and pickup trucks, and the bankrupt automaker is once again breaking out some serious incentives to alleviate dealer stocks. The General is offering 0% financing for 72 months for the Vibe, G3, G5, G6 and G8, giving prospective car buyers the chance to get into one of the last Pontiacs ever made. The "72 Hour Sale" oddly begins today and runs through Monday, July 6, which is more than 72 hours – even when excluding the 4th of July weekend.

GM is also using the sales event to move some of its slower-selling vehicles. The Chevrolet Impala, Silverado and Tahoe, as well as the GMC Sierra and Yukon will also have 72 month, 0% financing. Other vehicles will have 0% financing for 60 months, but they won't be part of the special 72 hour sale.

While we're not planning to run out to the local Pontiac store for a new G3, if you would have told us a year ago that we could get a 361 hp G8 GT for about $400 a month, we'd be pretty stoked. Hit the jump to scan the GM press release.

[Source: General Motors]

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Subaru Outback fuel economy figures released, hits 29 MPG


2010 Subaru Outback – Click above for high-res image gallery

Subaru's new-for-2010 Outback ought to silence a few critics who contend that all-wheel drive sucks up too much fuel to be a worthwhile purchase for most consumers. According to the Japanese automaker, the tip-toe all-weather wagon has studied up for the EPA test, netting 29 miles-per-gallon on the highway. That's smaller front-driver territory from many automakers, albeit with a big dash of Subaru load-lugging capacity.

The good table manners are delivered by the combination of the new Lineartronic CVT and 170 horsepower 2.5 liter boxer four. Subaru's EPA numbers for the 2010 Outback are tops for such a roomy wagon, besting the typical SUV competitors, as well as the higher-end AWD wagons offered by Audi and Volvo. The $23,000 price of entry is attractive, too, although given our recent experience with the 2010 Legacy upon which it is based, we don't imagine it being a terribly spirited drive when so-configured. Even still, for all those bloviators who keep calling for a good-sized wagon that returns reasonable fuel economy for a sensible price, here's your car wagon thing. Official press release after the jump.



[Source: Subaru]

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LEAKED: High-res shots of 2010 BMW X1 hit the information superhighway


2010 BMW X1 - Click above for high-res image gallery

Although it is isn't slated to be officially revealed until this fall's Frankfurt Auto Show, it feels like we've been seeing the wraps come off BMW's X1 baby crossover for years now. Thanks to a steady stream of spy shots over the last 18 months or so, we feel like we ought to be able to tell you not only the shape and size of the glovebox, but the material its walls are made of. Regardless, these are the first official shots of the X1 that have leaked out on the web, apparently because of German magazine FOCUS online.

As we've already seen almost all elements of the X1 already, the final shape doesn't surprise us, which appears much like a shrunken X5 mixed with styling cues from the bull-nosed 7-Series, 5-Series Gran Turismo, and of course, last year's X1 Concept.

The inside is typical Bimmer fare as well, with a sober but handsome and well-screwed-together look. The usual accoutrements are present in the photo models' driver oriented instrument panels, including iDrive, USB ports, and thumb-shifters for the automatic.

We're already tired of BMW's awkward model naming conventions, but regardless, the CUV is expected to launch in Europe in xDrive18i and xDrive 18d configurations, along with an xDrive20d model whose 177 hp diesel is apparently good for 60 mph in 8.4 seconds, an xDrive23d model with a 204 hp oil-burner (0-60 mph in 7.3 seconds, top speed of 139 mph), as well as the xDrive28i, which is apparently good for 143 mph. No word yet on what models we'll see in the U.S. just yet, but we'd be surprised to see anything less powerful than the xDrive28i in Stateside dealers, and we'll keep our fingers crossed for a diesel variant.

According to current scuttlebutt, the X1 will launch in autumn exclusively paired with all-wheel drive, but rear-wheel drive versions are expected to come on line soon thereafter. Check out the gallery below and keep checking back with us for further details as they become available.


REPORT: Chrysler christens Brandon Faurote as new chief designer


Chrysler Firepower Concept - Click above for a high-res image gallery

When Sergio Marchionne revamped Fiat, he installed new designers at each company division and charged them with creating products that would define each brand and move metal. Marchionne has apparently done the same with Chrysler, putting Brandon Faurote in charge of Chrysler, Joseph Dehner in at Dodge, and Mark Allen in at Jeep.

Faurote has been with the Pentastar since he was 22, and has worked on offerings like the 1999 Jeep Cherokee and the 2001 Chrysler and Dodge minivans. Since 2003, his title has been Chief Designer - Advanced Product Design, and he's given us concept cars like the 2005 Chrysler Firepower (pictured). He's also given us the Chrysler Imperial, so we pray his eye for the brand leads more toward artillery than royalty.

Joseph Dehner leads the Dodge charge and has the Crossfire and 2001 Chrysler Sebring in his quiver... but also the exterior design of the 2007 Sebring. Mark Allen has the the 2006 Jeep Wrangler and 2009 Dodge Ram 150 to take credit for, as well as super cool Jeep concepts like the Jeep JT and Jeep J8 Sarge. Here's to hoping Fiat encourages – and pays for – them to give us their best. Hat tip to 13enS!



[Source: The Motor Report]

eBay Find of the Day: Hummer H1 gets beaten with aerodynamic ugly stick


Custom Hummer H1 on eBay Motors – Click above for image gallery

It takes a special talent to infantilize the brute strength of a Hummer H1, but someone's gone and done it with an oddly swoopy redesign. One of only two made (yes, there is another), this unique Hummer features a custom hood and front bumper, as well as a multi-section removable roof should the driver and occupants actually wish to be seen tooling around the neighborhood in this beast.

Inside, it's been all tricked out with a trifecta of television screens, ostrich leather interior, iPod-compatible entertainment system, sat-nav, back-up cameras...the works. Even the turbodiesel V8 has been tweaked and mounted with a polished aluminum snorkel, complimented by a chrome Mack truck bulldog hood ornament. Oh, and it has a $2,000 train horn, just in case someone can't see this behemoth coming from a mile away. All this can be yours for the low price of $89,900 or best offer.



[Source: eBay Motors via Carscoop]

Montezemolo rules out Ferrari factory Le Mans effort... for now



As temperatures rose between Ferrari and its fellow constructors in the Formula One Teams Association, Le Mans class endurance racing provided a convenient alternative for Ferrari and FOTA chairman Luca di Montezemolo to wield against his adversaries. He was even invited to ceremonially start the race this year, celebrating the 60th anniversary of the marque's first win there while hinting that the Maranello squad had alternatives at its disposal. But now that the war appears to have come to an end (notwithstanding Max Mosley's infamous intransigence), Montezemolo has stated that Ferrari won't be returning in full force to Le Mans just yet.

Ferrari's president said that his company couldn't shoulder the enormous parallel burdens of racing in both F1 and Le Mans, though he did admit that the prospect of returning to Le Mans with a full factory racing effort was tempting, saying "sooner or later we will want to go back with an official car." In the meantime, privateer teams like GT2 champions Risi Competizione will continue to field race-prepped customer F430s, but we'll have to wait a little while longer for Ferrari to take on the likes of Audi and Peugeot with a full-on LMP1 works effort.

[Source: Autosport]

Michelin, Honda settle lawsuit over costly Odyssey runflats



The long-fought battle surrounding Michelin PAX runflat tires on certain 2005-2007 Honda Odyssey and 2006-2007 Acura RL models has finally come to a close. A Maryland judge has awarded $83,000 to those taking part in the class-action lawsuit, netting each plaintiff $5,000, $2,500, or $2,000 for tire replacements.

The suit claimed Honda and Michelin weren't upfront about the cost or durability of the tires, and that they last half as long as standard radials. As part of the settlement, Michelin is offering a three-year, 36,000-mile warranty on the tires to the 94,000 owners of the affected models. Also offered is a $300 rebate on a new Odyssey or Acura RL, or $110 for the purchase of a Honda-approved PAX spare tire kits. Hat tip to FaLex.

[Source: Greenville Online]

AutoblogGreen for 07.01.09


Columnist: electric vehicle hype needs to be tempered
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In the future, we'll all be driving electric ... shopping carts?
The logical conclusion of our Mad Max and Sex and the City future.

Detroit 2010 Preview: good news for fans of the smelly basement forest
I suppose this qualifies as a spot of sunshine, right?
Other news:

Bloody Rare: One-of-a-kind Pagani Zonda PS [w/VIDEOS]

Pagani Zonda PS – Click above for high-res image gallery

You can't always get what you want. That's the reality of life, especially when you're talking about the ultra-exclusive Pagani Zonda. One buyer in England, reported to go by the name Peter Saywell, apparently wanted to get his hands on the limited-edition Zonda Cinque, but after all five sold out, he commissioned the factory in Modena to create the special one-off you see here.

Instantly discernible from other Zondas by its unique paint job and four-abreast tailpipes, the Zonda PS reportedly packs a 650 hp version of the Mercedes AMG V12 powering its stablemates – some fifty horses more than the Zonda F but a little shy of the Cinque and track-bound R versions – driving through the sequential transmission developed for the Zonda's highly anticipated successor. With its exclusive specifications, the Zonda PS will be worth even more than other versions of the Pagani supercar, which are already trading well over their list prices on the open market. Check out the images in the gallery below and follow the jump for a pair of videos courtesy of LMTV.fr and Top Speed.



[Source: Autogespot via eurocarblog]

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