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Archive for the ‘Automotive Industry’ Category

Automotive Industry Struggle

Tuesday, November 22nd, 2011


The Big 3 are not the only car makers to suffer during this economic downturn or what some call it, a recession. Many manufacturers such as Toyota, Nissan, Honda and Mercedes Benz have to lease out additional port space to stock pile their unsold vehicles. These cars have not even made it to the dealerships mainly because the dealerships are full of inventory and simply cannot stock any additional vehicles. Yes, it is that bad!

Some manufacturers have ceased production of some vehicles for now. The deals on 2008 model year cars may become “unbelievable” very soon so they can start to move some cars. We can now only pray that the state of our economy gets better so they do not have to start stacking Toyota Camrys on top of Benzes. Then again, who would really care if a $100K Benz gets trashed, it would not make it to the dealership anytime within the next 6 months anyway.

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Cadillac Announces Demise Of SRX Turbo

Saturday, November 12th, 2011


Crossovers have become a staple of the automotive industry, as buyers migrate away from traditional minivans or larger SUVs. Crossover vehicles seem to be the perfect fit for families – enough room to bring the kids, the dog and all the trappings of modern life, yet they’re more car-like to drive and to park. Unlike large SUVs, you don’t need to own an oil company to afford gas for one either. Crossovers can be had in any flavor, from vanilla (like Chevy’s Equinox) to jalapeno with a scotch bonnet pepper sauce reduction (like Infiniti’s FX50); in other words, you can get them with differing amounts of luxury and performance. Cadillac saw this as an opportunity for their revamped SRX; rather than offer a “one size fits all” V6, Caddy opted to give buyers the choice between a 3.0 liter V6 (good for 265 horsepower) and a 2.8 liter turbocharged V6 (good for 300 horsepower).

Thirty five horsepower isn’t a huge difference when you’re moving nearly 4,400 pounds of vehicle, but the Turbo may still have had a chance if it were only a few thousand dollars more than the normally aspirated V6. Instead, the price gap between the V6 and the turbo V6 was staggering: a 3.0 liter V6 SRX Performance stickered at $41,850, while the turbo 2.8 liter V6 SRX Performance stickered at $49,315. That’s a difference of $7,465, or $213.29 per horsepower in case you don’t have a calculator handy. Even the Premium trim level maintained the same additional cost for the turbo, so it’s no wonder that buyers consistently opted for the normally aspirated SRX over its pricey Turbo sibling.

.Reference resource: Click Here.