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New models to spur sales, J. D. Power says

A flood of new-model introductions this year will help pump sales volume for the industry, according to forecasts from J.D. Power and Associates. Automakers have scheduled 60 new or substantially redesigned model introductions this year, compared with just 36 in 2010, by Power's count.

Mercedes-Benz unveils 'golf cart of the future' design study

Designed at its Carlsbad studio in California, Mercedes-Benz presented its ‘Vision Golf Cart' to the golfing world during this year's Open Championship in Scotland. Having called upon car fans and followers of the sport to submit their ideas for a future Mercedes buggy, a jury then went about sifting through all the submissions until they found the best entries. Electrically driven and powered by a battery kept continuously charged by solar panels on the roof, the buggy is controlled by a joystick mounted on the center console allowing either passenger to drive.

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.