The Carlovers Magazine

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• 2011 Infiniti FX – Sporty Luxury Crossover SUV
• U.S. Gasoline Prices Approach $3.70 per Gallon
• Fiat Poised to Boost Chrysler Stake to 30%
• Fed Split on Whether to Hike Rates Later in 2011
• Japan’s Carmakers Continue to Adjust Production Plans
• GM Assigns Team to Repair Japan Supply Chain
• U.S. Sales of Hybrids, EVs Jump 37% in First Quarter
• Saab Suspends Production Again Over Supplier Payments
• Mercedes-Benz Recalls M-Class SUVs
• Jaguar Land Rover to Open Assembly Plant in India

2011 Infiniti FX – Sporty Luxury Crossover SUV Posted: First Look: Infiniti's sporty luxury vehicles like the 2011 Infiniti FX37 and Infiniti FX50 already are immensely popular in Indian market, and with their all new 2011 Infiniti FX, Infiniti accentuates “sport” over utility. The FX is built on Infiniti G37's sedan platform, and comes with plethora of car like features such as nimble handling [...]

U.S. Gasoline Prices Approach $3.70 per Gallon Posted: Americans are now paying an average $3.69 per gallon for gasoline nationwide, according to the AAA Daily Fuel Gauge Report. Pump prices jumped two cents overnight and 10 cents from a week ago. U.S. demand for gasoline fell 1% last week to 9.2 million barrels per day, marking the fifth straight [...]

Fiat Poised to Boost Chrysler Stake to 30% Posted: Fiat SpA expects to increase its equity in Chrysler Group LLC to 30% within weeks by meeting a pair of performance requirements set by the U.S. Department of the Treasury, says Bloomberg News. The news service cites two unnamed sources. Fiat began with a 20% stake in Chrysler when the American [...]

Fed Split on Whether to Hike Rates Later in 2011 Posted: Federal Reserve policy makers were divided at their March 15 meeting on whether to tighten credit later this year to combat inflation or continue to maintain very low interest rates to avoid smothering the economic recovery, according to minutes of the meeting that were released yesterday. The central bank confirmed it [...]

Japan’s Carmakers Continue to Adjust Production Plans Posted: Honda Motor Co. says it still aims to reopen its two assembly plants in Japan on Monday. The facilities have been idled since last month's earthquake. But the company says it will cut production at its factory in northern India in May because of a shortage of parts from Japan. Toyota [...]

GM Assigns Team to Repair Japan Supply Chain Posted: General Motors Co. has created an emergency task force to help resolve disruptions to the company's supply chain caused by Japan's earthquake, tsunami and nuclear disaster, The Nikkei reports. Vice Chairman Steve Girsky, who oversees GM purchasing, tells the newspaper that the company wants to continue its relationship with Japanese suppliers. [...]

U.S. Sales of Hybrids, EVs Jump 37% in First Quarter Posted: Automakers sold 78,500 hybrid and electric vehicles from January through March compared with 57,200 units in the year-earlier period, outpacing the 20% expansion of the overall market in the latest quarter, says Edmunds.com. The online auto data provider says rising gasoline prices caused most of the increase in demand for what [...]

Saab Suspends Production Again Over Supplier Payments Posted: Saab Automobile again suspended production at its plant in Trollhattan yesterday because of parts shortages caused by suppliers who say they haven't been paid. The head of FKG, Sweden's auto supplier group, tells Reuters that four or five major suppliers have stopped making deliveries to the plant because of overdue invoices. Production [...]

Mercedes-Benz Recalls M-Class SUVs Posted: Daimler AG's Mercedes-Benz Cars unit says it is recalling 136,800 of its M- and ML-Class SUVs in the U.S. to fix a defective brake lamp switch that may prevent the cruise control from disengaging when the brake pedal is pressed. The action also includes 50,000 SUVs in Germany. The system can [...]

Jaguar Land Rover to Open Assembly Plant in India Posted: Tata Motors Ltd.'s Jaguar Land Rover unit says it will be ready to open its first assembly plant in India by the end of May. The factory in Pune will build the Land Rover Freeland SUV from kits shipped from the U.K. Imported Freelanders are taxed at 110% of their selling [...]

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