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Nissan sees higher profit on U.S., China sales

May 13, 2010 /

Looks like the combo of a recovering North American market and the booming Chinese market makes for bigger profits for Nissan. Forecasts are for profits to more than triple for the fiscal year and the near term looks good from our seats. Nissan has some new products hitting the market this year and early next year so it will be interesting to see how those products are received in the market place.

From AutoNews.com:

TOKYO (Bloomberg) — Nissan Motor Co. forecast profit will more than triple this fiscal year as auto demand recovers in North America and sales grow in China.

Nissan, Japan’s third-largest automaker, may boost net income to 150 billion yen ($1.6 billion) for the year ending March 31, from 42.4 billion yen a year earlier, the company said in a statement today. Sales may rise to 8.2 trillion yen from 7.5 trillion yen.

CEO expects Nissan’s sales in China to increase 14 percent this fiscal year, while North American deliveries may increase 13 percent to 1.2 million as the world’s second-largest auto market recovers from a recession.

Read the full article here.

News, Nissan

Canada 411, the Net’s Best Search Directory

May 11, 2010 /

Canada 411 is an online directory service that works with approximately 2 million site visitors, every month. This directory service helps visitors find accurate information about businesses and/or people whether they down the street or across the country.

Canada 411’s directory is gathered from many diverse sources with some of the best search tools available. This combination enables the site to deliver outstanding results, not only quickly but also efficiently.

This company works with other leading and well-known companies, like Google, to deliver the most correct directions; maps are even provided.

Through cost-effective advertising programs that help create high business profiles and better sales, Canada 411 gives a hand to businesses, large or small, and helps them to generate sales and customers. Currently the site features over 1.5 million local business listings. Businesses that advertise on the site can tell consumers their stories through a combination of detailed profile information, and video. Advertisers also have a huge increase in customers and leads because of the 2 million searches per month.

The site also offers a free U.S. business and people search, while also giving Canadians fast and easy service.
An exciting aspect of Canada 411 is the addition of a new partnership with a group called Pivotal Payments, a leading provider of seller services. Not only does this allow many ways for customers to save, when dealing with one of the many businesses aligned with Canada 411, but Pivotal also gives a special promotional offer for all businesses advertising on the site. Since over two million Canadians use the website in a month, it usually generates about 13 million dollars for local merchants in that same month.

Over-all, Canada 411 is good for customers and good for businesses. In today’s world, that’s called a win/win.

News

Fiat-based models to key Chrysler’s comeback?

May 10, 2010 /

I get the feeling that we won’t recognize the Chrysler brand cars in a few years. That’s a good thing, my friends, and maybe, just maybe, these Fiat-based models will be the engine that brings this company back in the black! With that being said, don’t go too far with the 300, as that is the Chrysler car that actually spurs opinions and emotion. I hear the possible 200C is gorgeous.

With that being said, Sergio has hinted that these new Chrysler rides could hit the ground in Q4 2011.

From AutoGuide.com:

Chrysler Group could bring several Fiat-based compact vehicles to the United States sooner than expected, CEO Sergio Marchionne said on a conference call today.

The vehicles could be on the market as early as the fourth quarter of 2011, based on design work that already has been completed, Marchionne said.

“We’ve run extensive clinics on the first vehicles. We’re 98 percent there on styling,” he said. “My expectation today is we’ll be able to get this car into the market Q4 2011. We continue to work pretty aggressively on timing.”

Read the full article here.

Chrysler, Fiat

Volkswagen launches Polo GTI

May 10, 2010 /

Volkswagen makes it official for the launch of the Polo GTI. This future star reportedly will get 40mpg with 170 horses. This is a great looking vehicle and I believe a huge seller wherever it hits the streets! Great looks, power, superior fuel efficiency and the reputation of VW.

From AutoGuide.com:

Volkswagen’s been on a roll with hot hatches lately; the Scirocco, Golf GTI MKVI and Golf R are all fine performance cars that the common man can buy, but as the cars baloon in size, equipment and power, they become further and further removed from their ancestor, the tossable, no-frills MKI GTI.

The car that will inevtiably draw comparisons to the MK1 is Volkswagens new Polo GTI, officially announced today, despite being shown at Geneva in March. The MK1 GTI weighed 1830 lbs, a little less than a Lotus Elise, hit 60 mph in just under 9 seconds and put out 110 horsepower from a 1.6L naturally aspirated four cylinder engine.

Read the full article here.

Car Reviews, New Cars, Volkswagen

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