Tesla Motors founder Elon Musk says his electric vehicle start-up has signed a deal to provide Daimler with the battery technology that will power 1,000 electric Smart city cars could be on the road by the end of the year.The long-rumored deal comes as most of the major automakers roll out hybrids, plug-in hybrids and electric cars at the Detroit auto show, where Tesla appeared for the first time
Did Minn Kota do something new again??? Yes, the new Fortrex series trolling motors are here!!The Only Motor We've ever kept in solitary confinementThe Mono-Arm: Your New Secret WeaponSometimes, the simplest solution is best. In this case, it's a revolution. Fortrex's innovative Mono-Arm Design features an extruded, anodized aluminum, structural beam that operates with no metal-to-metal contact an
Kia Motors America has announced official pricing information for it’s highly anticipated Soul crossover yesterday. Due to hit the Kia showrooms across the USA by March this year, the Soul will be available in four different trims: Soul, Soul+, Soul! (exclaim) and Soul Sport with starting price at around $14,000 for the entry level 2010 [...]
Kia Motors America announced it’s sales for the month of December. As expected, sales has gone down sharply and the numbers are not that pretty. Last month, sales at Kia has been down 39 percent from a year earlier.
In December 2008, Kia sold 14,644 vehicles, down from 24,016 units sold in 2007. Kia’s 39 percent [...]
On Friday, it become very apparent to us that the common equity in General Motors (NYSE: GM) will become worthless. We advised shareholders of GM that they...
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We deeply appreciate the Congress considering General Motors’ request to borrow up to $18 billion from the United States. We want to be sure the American people know why we need it, what we’ll do with it and how it will make GM viable for the long term.
For a century, we have been serving your personal mobility needs, providing American jobs and serving local communities. We have been the U.S.
For those who are wondering what will happen with car giant General Motors, pull up a seat for an original one-hour CNBC documentary called "Saving General Motors: Inside the Crisis." The show will air Monday, December 8, with host Phil LeBeau, CNBC's auto and airline industry reporter, taking an unprecedented look inside GM, a company banking its survival on a congressional rescue package. Celebr
Saturn’s slogan is now “Rethink”, but it’s beginning to look like the GM-owned automaker is taking that sentiment in a completely different direction. After making an effort to rebrand the Saturn line and produce a variety of attractive vehicles, General Motors might pull the plug on the 23-year-old auto line.
Time for General Motors to wear a crown! Till date, there was too much of Maruti Suzuki in the J.D Power list. You check the news or read the reviews of J.D Power Asia you’ll find atleast one Maruti car there. Even today, Maruti is doing wonders but now General Motors also got an opportunity to wear the winner’s crown. The company is excited to receive J. D. Power awards for two of its car mod
Close Date : 06 December 2008A well known and good reputation manufacturer, and leader in Truck and Bus Market, located in Purwakarta – West Java, need additional employees to strengthen the team, with the following qualification:INTERNAL AUDITOR STAFF (IA)Qualification: * Female min 24 years old & max 30 years old * Single * Bachelor Degree in Accounting or Economy * Having 1-2
(4-traders.com) GM's board has also ratcheted up pressure on Wagoner in recent weeks, the newspaper said, citing several people familiar with the matter. While George Fisher, the lead independent director, supports...-MOTORS-4824/news/GENERAL-MOTORS-eyes-debt-swap-report-13084529/
In order to win $12 billion from the U.S. government's bailout plan, General Motors is looking into possibly cutting its Saturn, SAAB, and Pontiac brands. According to sources, selling or dropping brands would save the company the most money and reduce overlap needed in order to prevent future cash shortages.
Angel Broking has maintained its buy rating on Tata Motors with a target price of Rs 339 in its November 24, 2008 research report. "Jaguar Land Rover (JLR) is in secret talks with the UK government for a £1-billion loan and an answer to the request would be made in the next fortnight, a media report said. Tata is looking to the government for a bridging loan to help it over the next 24 months, a
The long wait for financial assistance for General Motors seems to be forcing the car manufacturing giant to consider the worst case solution, bankruptcy as continuous decline in sales has left them with no viable alternative. Although GM chief executive Rick Wagoner has pointed to it as a non-viable alternative, it seems like such an [...]
BNP PARIBAS on HINDALCO INDUSTRIES BNP Paribas initiates coverage on Hindalco Industries with a ‘reduce’ rating. Hindalco’s operating performance is leveraged to aluminium prices. Global aluminium consumption growth is likely to slow to about 3% (from 11.6% in ’07), and remain in the range of 3-4% in ’09 and ’10. Weakening global demand will cause aluminium prices to remain subdued at
If General Motors really does run out of money by the end of the year, as it predicted was possible, the impact would be felt far and wide - to hundreds of suppliers, rival automakers and ultimately dealers across the nation.
“Once the first domino falls, it rapidly takes out all the other dominoes,” said Dennis Virag, president of the Automotive Consulting Group.
Suppliers would be am
General Motors reported on Monday that it plans to layoff an additional 5,500 employees as part of its cost cutting moves. The auto company reported a $2.5 billion third quarter loss and stated that its risks running out of cash flow unless it receives government funding by the first half of 2009.
Barack Obama, the US President-elect, has thrown his weight behind a plea to Henry Paulson, the Treasury Secretary, to use some of his $700 billion bailout fund to rescue America’s car companies.
Nancy Pelosi, the Democrat Speaker of the House of Representatives, and Harry Reid, the Senate Majority Leader, are believed to have sent a letter to Mr Paulson asking him to offer a financial lifel
BNP PARIBAS on HINDALCO INDUSTRIES BNP Paribas initiates coverage on Hindalco Industries with a ‘reduce’ rating. Hindalco’s operating performance is leveraged to aluminium prices. Global aluminium consumption growth is likely to slow to about 3% (from 11.6% in ’07), and remain in the range of 3-4% in ’09 and ’10. Weakening global demand will cause aluminium prices to remain subdued at
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American General Motors Corp., famous for their Chevrolets, Pontiacs, Buicks, GMCs, Saturns, Hummers, Saabs and Cadillacs has reported $2.5 billion loss in the third quarter and warned that they could go bankrupt next year!
Is this the end of the American Dream?
Hope not since the end of the American Dream would mean hell for the rest of the world!
General Motors Corp. (GM) has reported a $2.5 billion loss in the third quarter and warned that it could run out of cash in 2009 if the United States economic slump continues and it does not get government aid.
Recently, GM has suspended its ambition to acquire Chrysler. According to GM, the acquisition of Chrysler was considered as a strategic acquisition. GM believes that the acquisition
We, a multinational company that moves in selling trucks and buses are currently looking for potential and talented people from acknowledged universities for the following position and qualifications:
SALES SUPPORT & ADMINISTRATION STAFF (SSAD)
Requirement:
* Male, age max. 28 years
* Bachelor Degree (S1) in Mechanical Enginering or Industrial Enginering
* Having knowledge in
compare preçosPA - O kia Mohave e o compacto premium Rio, que começam a ser vendidos em breve, foram dois dos seis lançamentos feito pela Kia Motors no Salão do automóvel de São Paulo 2008. Para participarem do SEMA Show dos EUA, ambos ganharam uma versão Tunada.O Mohave com carroceria preta tem inúmeros acessórios cromados, como as entradas de ar nos pára lamas, as novas grades do radia
Scripscan:Hindustan Motors LtdCmp:13Traded in:Nse-bseStory:Landbank buzz vaulted hind motors to new heights,hind motor skyrockets to new high on land bank stuff.Some months ago these sort of news was one of the prime highlights which swayed people to invest their money in the counter.Now forget land bank as recession and softening of realty prices are going on,so whats in store of our very own Hin
Renault Samsung Motors SM5 TV Commercial : Hug from tvcfblog on Vimeo. RegionKoreaAdvertising CompanyRenault Samsung Motors LinkSM5 Downloads(Please join Vimeo or log in to download the original file. It only takes a few seconds.)Download AVI version(AVI file, 640x480, 5.75MB)SM5 WallpaperSM5 Photo GalleryTV Commercials of the World
Most of automakers, including Kia Motors have experienced another slow sales month in US market. Kia Motors America has just published it’s October 2008 sales report, which reveals it’s sales have fallen sharply compared to the same month of last year.
In October 2008, Kia sold 15,483 vehicles, a decrease of 38 percent over the 25,185 [...]
Just a day after we published some fresh news on the 2009 Kia Optima, I noticed that Kia Motors America also updated it’s official website. At their website you can now find complete information on the refreshed Optima sedan, including pricing list, powertrain specifications, image gallery and other stuff.
Below, I have enclosed some 09 Optima [...]
General Motors (GM) and OnStar have successfully demonstrated a prototype technology "Stolen Vehicle Slowdown" (Slow down the stolen vehicle), capable of intercepting, slow down and stop a fleeing car On Star General Motors (GM) and OnStar have successfully demonstrated a prototype technology "Stolen Vehicle Slowdown" (Slow down the stolen vehicle), which allows oper
It's time for kids to rev up their engines with Mickey Motors Speedway. Kids just charge up the cars at the two Rev 'n Go stations along side the track, and send them speeding for some action packed head-to-head racing with Mickey and Pete. The Mickey hand elevator lets kids send the cars to the upper tracks for some high speed fun.
LOWONGAN PEKERJAAN
PT. united Motors Centre, Main Dealer Mobil Suzuki memberikan kesempatan bagi
professional muda untuk mendapatkan penghasilan tetap:
CHIEF OF FINANCE
Laki-laki/wanita
Usia max. 38 th
Pendidikan min. S1 finance & accounting
Memiliki pengetahuan mengenai perpajakan
HRD-GA DEPT.HEAD
Laki-laki/wanita
Usia max. 30 th
Pendidikan min. S1 Hukum/Psikologi
Memiliki pengetahuan mengena
Kia Motors Compact Cross Over Utility Vehicle Concept Car A Soul has no color SOUL TV Commercial : Flower Wheel from tvcfblog on Vimeo. RegionKoreaAdvertising CompanyKia Motors LinkSOUL Downloads(Please join Vimeo or log in to download the original file. It only takes a few seconds.)Download Windows Media version(WMV file, 490x332, 3.97MB)SOUL WallpaperTV Commercials of the World
Kia Motors Compact Cross Over Utility Vehicle Concept Car A Soul has no color SOUL TV Commercial & Wallpaper : Color from tvcfblog on Vimeo. RegionKoreaAdvertising CompanyKia Motors LinkSOUL Downloads(Please join Vimeo or log in to download the original file. It only takes a few seconds.)Download Windows Media version(WMV file, 490x332, 3.74MB)SOUL WallpaperTV Commercials of the W
Kia Motors Compact Cross Over Utility Vehicle Concept Car A Soul has no color SOUL TV Commercial : Customi-zing from tvcfblog on Vimeo. RegionKoreaAdvertising CompanyKia Motors LinkSOUL Downloads(Please join Vimeo or log in to download the original file. It only takes a few seconds.)Download Windows Media version(WMV file, 490x332, 4.47MB)SOUL WallpaperTV Commercials of the World
General Motors and Chrysler Corp. have stepped up talks on a possible merger between the two ailing US automakers, sources close to the negotiations said Friday.
A source briefed on the discussions said the talks have intensified as representatives from the companies try to see if the potential costs savings could outweigh the difficulties that come with combing firms with overlapping product line
Reuters reported that TATA Motors is not in talks to buy Ford’s stake in Japan’s Mazda Motor Co.
Mr Debasis Ray spokesman of TATA Motors said that “There have been reports in the media that TATA Motors is among potential buyers for shares in Mazda Motors. TATA Motors clarifies that the report is incorrect.”
addthis_url [...]
Project today reported that TATA Motors’ subsidiary TATA Motors European Technical Center Plc has acquired 50.3% majority stake in Norway’s Miljo Grenland Innovasjon.
Miljo will produce electric vehicles based on TATA Motors’ products, besides manufacturing of state of the art super polymer lithium ion batteries and the development of related technologies.
The first such vehicle
Thinking of buying a Toyota, Mercedes Benz, or Honda Vehicle? That thought came up just at the right time as Globe Motors is collaborating with Union bank to provide Auto financing for your Toyota, Honda or Mercedes Benz purchase.The Auto financing scheme called Globe motors/Union Bank Easy Car Acquisition Scheme, allows a customer to take delivery of any choice car with a 10% down payment. The ba
Job Vacancy
HINO MOTORS MANUFACTURING INDONESIA, PT
Company Description
URGENTLY REQUIRED
A well known and good reputation manufacturer, and leader in Truck and Bus Market, located in Purwakarta – West Java, need additional employees to strengthen the team, with the following qualification:
1. VEHICLE STAFF
Qualifications:
Male max 26 years old for Staff Minimum experience 1
Describes a method of driving a sensored Permanent Magnet Sychronous Motor (PMSM) with sinusoidal currents controlled by a dsPIC30F or dsPIC33F Digital Signal Controllers.
Source
Europe is in serious economic trouble. General Motors (NYSE:GM) has stopped production and is forecasting horrid sales. Harley Davidson (NYSE:HOG) is in similar trouble. Avoid European exposure.
By Andrew Snyder
Baltimore – (TFN): If you think the economy is slowing here in the United States, do not even think about looking to Europe. Thanks to already-high unemployment [...]
HINO MOTORS MANUFACTURING INDONESIA, PT
A well known and good reputation manufacturer, and leader in Truck and Bus Market, located in Purwakarta – West Java, need additional employees to strengthen the team, with the following qualification :
HUMAN RESOURCES STAFF
Qualifications:
Understand all aspects in Human Resources , especially in Recruitment Activity.
Understand to evaluate, create
These are the latest sales numbers from Kia Motors America. The report for month of September 2008 reveals that Kia sold 17,383 vehicles and shows a sharp decline in monthly sales compared to September of last year.
Year to date passenger car sales are up 17.2 percent, with Rondo posting a 3-percent increase over the same [...]
General Motors reported Friday that it intends to shut down its SUV plant in Ohio on December 23. The move is part of the company shift towards smaller vehicles. In closing the plant, General Motors declined tax incentives from the state of Ohio valued at $56 million. The plant current manufactures the GMC Envoy, Chevrolet Trailblazer, and Saab 9-7X.
After a dismal month of vehicle sales, Toyota Motors has begun offering zero percent financing on several of its models. Toyota is making a statement stating that credit is available despite market conditions. However, with the company's reported 32 percent drop in September sales; investors are concerned about financing being enough to bring buyers to the table.
San Jose, CA - Tesla announced the new construction of a $250 million facility to house production of their 100% electric Model S Roadster (shown above), a luxury sedan that will seat five. Hoping to receive LEED, U.S. Green Building Council Leadership in Energy and Environmental Design, gold certification construction will begin in Summer of [...]
Chinese cars are increasingly venturing into international markets, with Chinese auto manufacturers like Brilliance, Geely, Chery and Great Wall already having presence outside China. A great selling point of Chinese cars is their affordability.Despite initial concerns about the quality of Chinese car (especially safety), recent models of Chinese cars have been getting less critical reviews and Ch
August 20, 2008 Venmar CES Inc., of Saskatoon, Canada recalled approximately 3,400 light commercial heat recovery ventilators. The motors in these units can overheat, posing a fire hazard to consumers. Venmar CES has received three reports of ventilator motors overheating, resulting in fires which caused property damage.
Light Commercial Heat Recovery Ventilators are designed to [...]
On its 100th birthday, GM is happy to look back and rejoice the milestone the company has created in the past one century. The company was founded on September 16, 1908 by William C. (Billy) Durant, General Motors. Since then, the company has launched nearly over 450 million cars and trucks in the global auto market. All these vehicles are sold globally under different brand names - Chevrolet, Bu
Argentum motors of Ashish Deora – A Mumbai Based EntrepreneurArgentum Motors to Expand Capacity to Produce 0.4 Million Small Cars03/7/2008Argentum Motors is set to expand its capacity for small cars to 0.4 million per annum. Argentum Motors would also start manufacturing 1-2 litre engines to cater to the demand for small cars. The company is creating flexibility at plant to suit a larger range o
Kia Motors Deutschland (Germany) released a flash video game with Kia Soul in action. It’s a very simple computer game where you get to drive the Soul. By running over the road signs you collect the points and get some basic information about the upcoming Kia Soul. According to the information provided by the website, [...]
General Motors said Friday that it intended to draw down the remaining 3.5 billion dollars of its 4.5-billion-dollar secured revolving credit facility to maintain what the auto giant described as "high level of financial flexibility" at a time when the financial markets are uncertain."Accessing the funds available to us is a prudent liquidity measure. Drawing on the revolver now improves our liqui
THE Chevrolet Volt is expected to be the icing on General Motors’ 100th birthday cake this week. The much-promoted sedan, which will operate as an electric car in typical local driving, is intended to provide a jump-start for the company’s second century.
The timing of the Tuesday event is fortuitous, for much more is riding on the Volt than whether a new model using experimental technologies
Choosing DC motors is not simple as it says. You need to calculate the velocoty, voltage, current and the most important is… torque… I’ve some experience about choosing the DC motor for my robots. Sometime my robot going wild with high velocity motor and low torque motor. Sometime my robot is to slow but the [...]
Choosing DC motors is not simple as it says. You need to calculate the velocoty, voltage, current and the most important is… torque… I’ve some experience about choosing the DC motor for my robots. Sometime my robot going wild with high velocity motor and low torque motor. Sometime my robot is to slow but the [...]
Trinamool Congress (TC) leader Mamata Banerjee agreed to end her two-week-long protest in front of the Tata Motors Nano factory complex at Singur after the West Bengal government agreed to give farmers who had refused compensation land inside the 997-acre factory complex in return for what they had lost to the project. The state government will also finance the purchase of this land.
A
Nel tentativo di controbattere la miriade di voci, critiche infondate e informazioni false che circolano sulla società e sui suoi prodotti, General Motors ha lanciato il sito gmfactsandfiction.comOrganizzato in modo semplice ed immediato in 4 sezioni (Design ed Ingegneria, Ambiente e Carburanti Alternativi, Finanza e Qualità) il sito propone al visitatore un “falso mito” e la risposta puntua
For the past two years, General Motors Corp. has hosted the GM Style Event as a pre-party for the North American International Auto Show, held each year at the Cobo Center in Detroit. This event brought the rich and famous...
Kotak Securities on Andra Bank - TARGET PRICE: RS 81Kotak Securities has initiated coverage on Andhra Bank with an ‘accumulate’ recommendation, saying the bank has one of the lowest NPAs (non-performing assets) in the industry and hence is better placed vis-à-vis its peers. The fact that the bank has been focusing on high yielding segments like agriculture, infrastructure, SMEs and retail has
Detroit automaker GMC announced that they have bought 50 percent stake of an Italian diesel engine manufacturer. This move shows that the carmaker is indeed pushing through with its promise to manufacture diesel engine Cadillac and Saturn auto models in the near future.
General Motors bought 50 percent of VM Motori S.p.A. from Penske Corporation. The [...]
Union workers at Kia Motors Corp. voted Friday to approve a new wage agreement, the carmaker said, putting an end to a series of strikes that took place amid negotiations. Workers approved a 5.2 per cent increase in basic pay for this year, a special bonus equivalent to two months' salary and a lump sum payment of one million won (US$1,052), said company spokesman Michael Choo. Fifty-eight per cen
Paul Willis, who served as the chief operating officer of Kia Motors Europe, will step down from his position and move to Volkswagen Group Ireland as its new managing director.
Taking effect on October 1, 2008, Willis will replace Bob O'Callaghan, who is retiring after 43 years in Volkswagen. Willis has worked previously in Volkswagen from 2000 to January 2008. He will be responsible for the
Note to Mr. Osamu Masuko; this is not your Father's Russia. I am sitting here gob smacked while I read and interview with the President of Mitsubishi Motors. Apparently there has
A solar installation of 1.2 megawatts will be installed on the roof of a General Motors plant from White Marsh. The company recently announced that add solar panels on the one of the biggest factories of assembling cars from Spain.Solar plant from White Marsh will generate approximately 1.4 million kilowatts and will replace 20% of the electricity that the plan it buy. According to the contract
INDIA Infoline on Indian Hotels - TARGET PRICE: RS 85 INDIA Infoline has maintained its ‘market performer’ rating on Indian Hotels Co with a reduced price target of Rs 85. The brokerage house expects the company’s volume expansion to come from its new properties and a stable revenue growth over the medium-term with the commissioning of its Ginger brand. “Since the company now operates in a
By Pratik Parija and Saikat ChatterjeeBloomberg - The following stocks may have unusual changes in Mumbai trading. Stock symbols are in brackets and prices refer to the close as of yesterday. The preview includes news that broke after markets shut.The Bombay Stock Exchange's Sensitive Index, or Sensex, rose 0.3 percent to 14,450.35. The S&P CNX Nifty Index on the National Stock Exchange added
Indica Vista is the all new version of Indica and is built on a new platform and is slightly larger than Indica and assembled at Tata-Fiat’s Ranjangaon facility in Maharashtra
The Indica Vista comes in three variants TERA, AQUA and AURA.
Whats New in Indica Vista?
Trendy Beige Two Tone Dashboard
Strong Central Character Line
Striking Petal Shaped Headlamps
Two Din [...]
Corporate AnnouncementsHEROHONDA | Hero Honda Motors Ltd.Hero Honda Motors Ltd. has informed the Exchange that the Company has decided to close its Register of Members and Share Transfer Books from September 11, 2008 to September 25, 2008 (both days inclusive) for the purpose of ascertaining the entitlement of members for payment of dividend @ 950% i.e. Rs 19 per equity share of Rs.2 each for the
Buy Dishman Pharmaceuticals, target of Rs 356KRChoksey Research has maintained its buy rating on Dishman Pharmaceuticals & Chemicals with a target price of Rs 355.8 in its August 1, 2008 research report. "In Q1FY09, the company’s sales have increased by 40.4% on a y-o-y basis to Rs 235.9 crore. The net profit of the company rose by 28.7% y-o-y to Rs 27.7 crore against Rs 21.5 crore.""At the
How Wheel Motors Drive the CarPutting electric motors directly inside the wheels eliminates the transmission, which typically wastes 10 to 20 percent of the engine’s energy. An interior disc, mounted to the wheel bearings, contains a series of independently controlled electromagnets, which emit a magnetic field in response to an electrical current. Around that, an outer ring contains permanent m
How Wheel Motors Drive the CarPutting electric motors directly inside the wheels eliminates the transmission, which typically wastes 10 to 20 percent of the engine’s energy. An interior disc, mounted to the wheel bearings, contains a series of independently controlled electromagnets, which emit a magnetic field in response to an electrical current. Around that, an outer ring contains permanent m
HINO MOTORS MANUFACTURING INDONESIAA well known and good reputation manufacturer, and leader in Truck and Bus Market, located in Purwakarta – West Java, need additional employees to strengthen the team, with the following qualification:QUALITY CONTROL SUPERVISOR AND STAFFQualifications:*Computer Literate, good interpersonal and communication skill in English, *Self motivated, tough, honest and a
HINO MOTORS MANUFACTURING INDONESIA
A well known and good reputation manufacturer, and leader in Truck and Bus Market, located in Purwakarta – West Java, need additional employees to strengthen the team, with the following qualification:
QUALITY CONTROL SUPERVISOR AND STAFF
Qualifications:
Computer Literate, good interpersonal and communication skill in English,
Self motivated, tough, hones
GENERAL MOTORS - PROGRAMA DE ESTÁGIO 2008
Acreditando no potencial e no talento dos jovens universitários, a GMB
abre as inscrições para seu PROGRAMA DE ESTÁGIO 2008.
* Objetivos do Programa
Capacitar e desenvolver novos talentos;
Trazer para a empresa novos conhecimentos e tecnologias; Estreitar o
relacionamento entre empresa e escola; Criar um banco de dados para
recrutamento em futuros pro
Last Wednesday, CNBC aired the hour-long documentary Saving General Motors . We covered it here and had a bit of fun dissecting it in the comments.
Apparently GM vice chairman Bob Lutz watched it too, and wrote a review on his blog.
Lutz wrote that he was "impressed with the balance, the fairness, and the journalistic integrity [...]
Unless you live under a rock, you are likely aware that US automakers GM, Ford, and Chrysler are under tremendous financial duress.
Having to do with a catastrophic drop in consumer demand for cars, and trucks in particular, GMs North American revenue dropped by $10 billion in the first half of 2008 while they lost [...]
Maruti has announced its July Sales numbers. The sales up 1% at 58,543 units versus 57,909 units
Tata Motors has announced its sales numbers for the month of July 2008. Its sales declined to 40,729 units from 42,098 units in same period of last year.
addthis_url = 'http%3A%2F%2Fwww.rupya.com%2Farchives%2F2008%2F08%2F05%2Fmaruti-and-tata-motors-auto-sales-auto-sales-report-for-july-2008%2F';
- Domestic market commercial vehicles sale grows 8%
- Passenger vehicles in the domestic market for decline 4.5%
- Exports at 3,696 vehicles in July 2008 declined 16%Read more...