Most of cars that leave the factory are submitted to lots of tests with different setups. But then they go to the market with a setup that must be suitable for most countries, and for the average driver. If you are an experience driver and a car to you is not a means of transport only, then those standard cars are not for you. You can however ask for a more sport setup of load the car with OEM accessories.
Some times that is not enough and then car tuning can be the way to go. Car tuning is the process of modifying and enhancing a vehicle’s performance and style through engine, suspension, wheels and body modifications. It is both an industry and a hobby.
Tuning began not long after the invention and mass production of the automobile, with the Ford T. People that love cars and are passionate by the tuning life style, feel the need to modify their vehicle to be unique, go faster and safer to drive.
The new Toyota Venza underwent a unique transformation by Street Image resulting in the creation of the SportLux Venza performance show car. The Venza SportLux was displayed at the Toyota exhibit throughout the 2008 Specialty Equipment Market Association (SEMA) Show in Las Vegas.
Street Image added an assortment of subtle, yet aggressive, body kit modifications including a six-piece lip kit enhancement, rear hatch spoiler, custom grille and integrated hood scoop. Its performance driven stance reflects the Toyota SportLux Venza’s substantial boost in power output. Among its many performance modifications are several components from Toyota Racing Development (TRD) including a supercharger kit. The SportLux Venza’s power surge is complemented with a height adjustable coil over tuned suspension and rides on Chrome Cognac No 20 Wheels measuring 24-inches and Toyo Proxy 4 performance tires.
The world loves automobiles. This love affair is dramatically showcased in the number of different customization (tuning) styles found around the globe today. Understanding the different styles available, as well as which cars can benefit from the various styles is important to maximizing your ability to customize your ride.
Toyota Motor Corp. (ADR:TM) may not need a government bailout, but it’s hurting badly.
The world’s top automaker said it will announce a revised 2009 sales forecast at its end-of-the-year news conference Dec. 22. The company is expected to slash at least 1 million cars from its original forecast of 9.7 million units, Reuters reported.
It’s also expected to outline cost cutting measures that could include laying off employees, suspending plant operations, delaying the opening of new plants, and cutting the budget for research and development.
According to several Japanese media outlets, Toyota plans to eliminate bonuses for its executives and is expected to post a second-half loss.
One analyst believes the company’s dividend also could be on the chopping block.
“We anticipate that even Toyota could see its post-dividend cash flow turn negative should it keep its dividends at 140 yen,” Morgan Stanley (MS) analyst Noriaki Hirakata wrote in a report. “Thus, in this perfect storm, we expect the firm to cut its dividend to 100 yen per share for this business year.”
That’s a gigantic step backwards from last year, when Toyota took the crown from General Motors Corp. (GM) as world’s largest automaker by selling 9.37 million cars worldwide.
But like all automakers – and nearly every major industry – Toyota has been crippled by a worldwide dearth in demand, brought on by a whirlwind of job losses, devalued property, lack of credit and falling stock markets.
From January to October this year, Toyota sold 7.74 million vehicles. And during its fiscal first half – six months ended September 30 – net revenues fell 6.3% compared to the same period last year.
Year-to-date, Toyota’s New York-listed ADR shares have fallen about 38%, still much better than GM and Ford Motor Co.’s (F) respective stock declines of 83% and 53%. But recently, Toyota’s ADR shares have been moving forward in hopes that the U.S. government will bailout Detroit’s Big Three – GM, Ford and Chrysler LLC – because that would shore up the auto industry’s underpinnings: Dealerships and parts and supply manufacturers.
The United States is also the largest market for most foreign automakers. Allowing one or all of the Big Three to go under would add millions to the running unemployment numbers and deepen the recession, making the U.S. market less likely to buy their cars.
News and Related Story Links:
Toyota to cut sales goal and outline cost cuts
Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake
More on this topic (What’s this?)
Are US automakers doomed? (Intelligent Speculator, 12/15/08)
European Automakers Dispute Assumptions of ‘Let GM/Chrysler Go Bankrupt” Case (naked capitalism, 12/15/08)
Unsold Goods Piling Up at Long Beach (naked capitalism, 11/18/08)
Vote on Auto Bailout Sure to Spark Debate (The Razor’s Edge, 12/10/08)
Read more on Toyota Motor, Auto Makers at Wikinvest