Auto News for Jan. 30

Auto News for Jan. 30

By Ron Amadon
The opening of Qatar Auto Show caught my eye considering the wealth of that country. And sure enough, the first hypercar designed in the Middle East will be unveiled there. The LykanHypersport features diamond encrusted LED lights! Only seven will be produced and the (base) price will be nearly $3.4 million. Hey, Rolls owners must something to trade up to!

Chrysler has reported preliminary net income of $1.7 billion for 2012, up from $183-million a year earlier. CEO Sergio Marchionne indicated there is still room to grow saying, “the enterprise we are crafting is not complete.” The company said Chrysler Group’s U.S. sales in December marked the 33rd consecutive month of year-over-year sales gains. But recent reports indicate that sales of the compact Dodge Dart were below expectations. Better results came from the Ram truck, Jeep Grand Cherokee and two Chrysler models, the 200 & 300.

Kelly Blue Book is out with its Top Ten Cars for Winter Driving. Some are predictable such as the Audi Allroad and Subaru Outback. But the Ferrari FF? KBB said “with seating for four, tremendous traction (from its four wheel drive,) and a top speed of 208 mph the $300,000 FF will whisk you to the ski chalet in record time.”

Harley Davidson is doing well. The company announced that worldwide retail sales rose 7.5% in the fourth quarter and 6.2% for the full year. It predicts that shipments will increase from 4 ½% to 6 ½% this year.

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