1. Porsche is no longer doing business in Iran. This news follows similar news from Hyundai. Of course Iran isn’t full of people who can afford a Porsche – so it’s probably not going to cause a big dip in Porsche’s overall sales.
2. Mercedes-Benz launches a furniture line. Okay
3. There are more problems at Fisker. Sources say that the Delaware plant is idle, read that as DEAD and layoffs have been occurring across the company.
4. According to Forbes Magazine, auto makers comprise 10% of the largest 100 companies in the world. VW was the top of the auto list at number 17.
5. According to Edmunds – Honda and Acura are the best auto brands for retaining value at resale, holding almost 50% of their value for five years.
6. Jaguar rolls out the “Ultimate XJ” in China. As an owner of the 2011 Jaguar XJK Portfolio Edition I can tell you the Chinese are in for one great car.
7. Honda was ordered to pay almost $10,000 to one Heather Peters over claims that the car would get 50 MPG. Now the case is on appeal and Honda is challenging the award.
8. Nissan’s web site was recently attacked by cyber criminals. Company officials say no customer data was stolen. Nissan must use Windows. (I kid – I kid!)
9. Scion is killing off two of its models. The xB and the xD will soon be history.
10. Despite the bad reputations many car repair shops seem to have, a “Consumer Reports” study shows that nearly three quarters of respondents said they were completely or very satisfied with the repair work they received. The chief complaint according to the study was high cost.