Big Three report solid sales gains for June

Ford, Chrysler an GM all had solid sales gains in June. Here are some highlights:

– The just-redesigned Ford Escape set a record with sales up 28% while the Ford Fusion sedan, which is about to get replaced by a newer version, also set a record. In addition, Ford Explorer sales were up 35% from last year.

– Combined sales of all seven Chevrolet, Buick, GMC and Cadillac crossovers were up 30% versus a year ago. That’s great news for GM, since they are generally higher profit vehicles than cars.

– The Fiat had its fifth consecutive month of record sales. More Fiat 500 vehicles were sold during the first six months of this year than during all of 2011.

Let’s hope the good news continues.

  

Six insurgent automakers outmaneuvering “Big Three”

These six insurgent automakers are outmaneuvering the “Big Three” to shape the future of the automobile. No one knows what the future holds, but some great ideas are coming out of this last recession and near collapse of the domestic auto industry. Will any of these companies ever become household names?

From Money.CNN.com:

Paul Guzyk and Daniel Sherwood are computer geeks who co-founded 3Prong Power, a Berkeley business that transforms standard Toyota Priuses into all-electric green machines.

In 1999, Guzyk moved to California and rediscovered an old passion for cars after tinkering with a Prius. He found that in many ways the Toyota hybrid was more like a computer than an automobile. Notably, it ran on recognizable computer standards similar to those found in an office network.

“I found that modifying the Prius is like getting your computer to do what you want it to do,” says Guzyk.

Read the full article here.

  

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