The hottest used cars these days... I don't really want to say I told you so...

I reported recently that the resale value of preowned used Chevrolets, Fords and Chrysler products would soon have dramatic increases in value. J.D. Power released its 10 used vehicles with the fastest-rising prices (May and June 2008) and low and behold look what popped up on the list among the Toyotas and Hondas. The good 'ol Chevrolet Aveo and Ford Focus, as the story indicated, these vehicles are flying off dealers lots and pricing is rising fast. It goes on to say economy models haven''t been big sellers for the past few years, car makers (domestic) have built relatively few of them.

As I said in my earlier report, all anyone has to do is the math, the Domestic output of fuel efficient vehicles has been low, now demand is high, simple supply and demand mathematics. The Imports will be less and the Domestic used vehicle values will increase as this demand continues to increase.

All of the sudden that Chevy Metro is worth some moola!

I really don't like saying I told you so, so I won't, however you folks should listen up, look at the great values on deals from the domestics and take advantage of them. I am not being pro Domestic or anything like it they have made major blunders in there product development and offerings to the public, but if you see a great value you should take it.

Lets see how the next reports look, maybe I will have to adjust my time lines, I will keep doing the math.

Enjoy Today!
Kevin Kimbrough
That Car Guy

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Nissan Pivo 2 Concept...

Nissan plans electric cars in Portugal
Carmaker, government link up to form charging network

Portugal’s Prime Minister Jose Socrates, 2nd right, and Nissan’s Vice President Carlos Tavares, right, look at a model of Nissan’s concept electric vehicle Pivo 2, in Lisbon.

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TOKYO - Automakers Nissan and Renault will sell electric vehicles in Portugal in 2011 and the allied companies have partnered with the government in an attempt to create a national network of charging stations.
Nissan has said it will sell electric cars globally in 2012, but the technology is still being developed. On Wednesday, Carlos Ghosn, chief executive of the French and Japanese automakers, and Portuguese Prime Minister Jose Socrates said they would work together to raise awareness about the vehicles and try to make them easier to fuel.
Nissan has aggressively pursued deals with cities and governments on electric vehicles, as soaring gas prices and worries about global warming make the green technology more appealing.

Tokyo-based Nissan Motor Co. and partner Renault SA have previously announced deals with Project Better Place, based in Palo Alto, Calif., which promotes electric vehicles, to mass market electric vehicles in Israel and Denmark in 2011.
While other car manufacturers concentrate on fuel cells and hybrids, Nissan is going all out on electric vehicles, promising to sell them globally in 2012, with the first models arriving in Japan and the U.S. in 2010.
“We are feeling more strongly than ever that we must speed up our development of electric vehicles,” said Nissan Senior Vice President Minoru Shinohara.
Nissan is also in talks with parking lot and railway companies to set up recharging stations, he told The Associated Press at the company’s Tokyo headquarters Wednesday.
The lack of charging stations has made electric cars impractical in the broader market. Skeptics say electric vehicles will stay niche for some time.
Combined with high costs and other technological hurdles, electric vehicles for the broader public are still experimental.
Proponents say tax breaks, preferential highways lanes and other incentives would boost the appeal.
“It’s still a very new technology and so much remains to be seen,” said Yasuaki Iwamoto, auto analyst with Okasan Securities Co. “It’s unlikely people are suddenly going to switch in big numbers from gas-engine vehicles.”
Portugal is a global leader in promoting renewable energy, including wind and solar power.
“This agreement with Renault-Nissan will place Portugal also on the front line in terms of sustainable mobility with zero-emission vehicles,” Socrates said. “Promoting electric cars in Portugal will reduce our dependence on imported oil and will contribute to a cleaner environment.”
Shinohara said Japanese urbanites drive about 12 miles a day — so the limited range of electric vehicles isn’t a problem for daily grocery shopping and other errands.
Nissan has not yet given details of the electric vehicle it has in the works.
Fuji Heavy Industries, which makes Subaru cars, and Mitsubishi Motors Corp. plan to offer electric vehicles in Japan next year. Mitsubishi’s electric vehicle travels 99 miles on a single charge, while Subaru’s goes 50 miles.
Mitsubishi plans to sell its electric vehicle in Europe in 2010, while tests are planned for the U.S. for 2009. Subaru has not decided on overseas sales plans for its electric vehicle.
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Masahiko Otsuka, president of Automotive Energy Supply Corp., a joint venture between Nissan and Japanese electronics maker NEC Corp. to produce batteries for electric vehicles, said Nissan has a history dating back to 1992 of testing lithium-ion batteries for cars.
Lithium-ion batteries are now more common in laptops and other gadgets but can pack more power than the kind of batteries in the gas-electric hybrids made by Toyota Motor Corp.
All major automakers are pushing new technology.
Honda Motor Co. is leasing a fuel-cell vehicle in California which emits only water.
U.S. automaker General Motors Corp. is developing an electric vehicle called the Chevrolet Volt, which it hopes to launch in 2010. Ford Motor Co. has a demonstration fleet of 20 plug-ins.

*Courtesy Armando Franco/AP

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VW1-Liter concept vehicle...

A few years back, Volkswagen introduced a concept vehicle which derived its name from its stated goal of using just one liter of fuel per one-hundred kilometers traveled, and according to CAR production version may be on the way in 2010. The original concept actually beat its lofty goal rather handily as it managed to achieve a miserly 282 miles per gallon in testing. Much of its amazing fuel-saving capability stemmed from its 660 pounds (300 kilograms) curb weight. The concept also featured a single cylinder engine and a 1+1 seating arrangement down the center of the car. While the engine is likely to be replaced by a twin-cylinder turbodiesel with hybrid drive, the carbon fiber construction and canopy-style roof are likely headed for production. As you'd expect, such technology and carbon-heavy construction isn't going to come cheap. To offset part of the cost, the automaker is surely looking for some government assistance for purchasers of the limited edition machine, though it could still be sold at a loss. Safety features like airbags, anti-lock brakes and stability control aren't lacking, but convenience items like air conditioning may be optional. In that case, we'd recommend being really comfortable with your passengers in the rather close-knit quarters.
Gallery: VW One-Liter Car

*Courtesy Jeremy Korzeniewski

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