thinking? Archives

Filed under: GM, Hyundai, Toyota, Earnings/Financials

Hyundai Motor America President and CEO John Krafcik believes that some automakers are starting a price war, which would be an unwise move that focuses solely on short-term sales.

General Motors had strong sales in January 2011, but its 23-percent gain was due to increased incentives and price-cutting. After GM made its move, Toyota followed suit.

Krafcik says that Hyundai, whose incentive spending is among the lowest in the industry, has no plans to join in this game. Heavy incentive spending leads to sharp up and downswings in an automaker’s accounting ledger. Hyundai sales rose 24 percent in 2010 and Krafcik expects to see improvements in 2011. While some automakers are fiddling with the radio, Krafcik is paying attention to the road in front of him.

[Source: The Economic Times]

Hyundai CEO Krafcik warns against price war, short-term thinking originally appeared on Autoblog on Sun, 13 Feb 2011 11:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Continue reading “Hyundai CEO Krafcik warns against price war, short-term thinking”

Filed under: Videos, Crossover, Nissan, Design/Style

Nissan Juke with Albaisa

Design inspiration for the Nissan Juke – Click above to watch video after the jump

The 2011 Nissan Juke has what some might call ‘controversial’ styling. It’s downright polarizing. So, where did Nissan pull its inspiration from in order to craft these lines? Alfonso Albaisa is the Vice President of Nissan Design Europe and he’s here to explain exactly why the Juke looks like it does.

Albaisa states that the essence of the Juke “captures the pure life of a 30-something year-old guy.” The vehicle is aimed at a younger demographic of new car buyer and Nissan’s goal was to turn lifestyle elements into design features. The interior is supposed to be reminiscent of a person wearing a wetsuit while the front end is intended to invoke visions of a rally car.

Automotive designers are always entertaining to listen to, and Alfonso Albaisa is no exception. His descriptive language wended its way into our brains giving us a greater appreciation for Nissan’s little sporty crossover. Don’t believe us? Listen to the man in the clip after the jump.

Gallery: 2011 Nissan Juke: First Drive

Continue reading Video: Juke film answers the question – What were Nissan designers thinking?

Video: Juke film answers the question – What were Nissan designers thinking? originally appeared on Autoblog on Fri, 08 Oct 2010 20:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Continue reading “Video: Juke film answers the question – What were Nissan designers thinking?”