In 2006, deficit in the United States hit a record since Americans necessitate more goods from China, more oil from different foreign sources and greater vehicles from JAPAN. Yes, Japanese automakers are significant factors that caused the 2006 US deficit.Said fact has fueled the Detroit's G-13 763797 6NW009543 Electronic Turbo Actuators automakers as well as their allies to urge the Bush Administration to act on the matter with aggressive stance against the Japan's currency. This clamor is anchored on the fact that Detroit's automakers have been weakened by the Japanese car makers.
According to the report released by Commerce Department, US deficit rose by 6.5 percent last year to $763.6 billion. It marked the fifth year in a row of deficit increases. The trade gap with China also rose 15 percent to $232.5 billion. Foreign oil reliance increased to $302.5 billion from $252 billion a year ago.
With regards to vehicle importation, cars, trucks and auto parts accounted for $149.4 billion of 2006 US deficit. The figure is 6 percent more than the 2005 numbers. Auto parts importation from Japan also increased by 14 percent to $60.2 billion. The significant increase is attributed to the soaring sales of Japanese cars and trucks, which were up by 23 percent to 2.1 million vehicles. The leading automaker that boosted the deficit is Toyota Motor Corp. and its divisions Lexus and Scion.
"The consequences of these persistent and massive trade deficits include not only failed businesses, displaced workers, lower real wages, and rising inequality, but also permanent devastation of our communities," said the letter from House Speaker Nancy Pelosi, D-Calif., and Rep. Sander Levin, D-Royal Oak, among others.
Toyota, the world's second largest automaker, is also the eighth largest company around the globe. Last year, the total revenue of the automaker amounted to $185 billion. This is one of the reasons why analysts in the industry predict that Toyota will take over General Motors' post as the world's largest carmaker any time this year. The goal of Toyota for 2007 is to produce 9.4 million vehicles to compete with GM's production.
Toyota has established a solid reputation for quality around the globe. Aside from Japan and the United States, Toyota has built manufacturing and assembly plants in Australia, Canada, Indonesia, Poland, South Africa, Turkey, the United Kingdom, France, Brazil, and recently Pakistan, India, Argentina, Czech Republic, Mexico, Malaysia, Thailand, China, Vietnam, Venezuela, and Philippines.
The automaker has invested considerable amount of research into cleaner-buing vehicles like hybrids with its Hybrid Synergy Drive technology. Also, Toyota has successfully road-tested its new RAV4 powered by hydrogen fuel cell.
Other Toyota divisions are also etching positive milestones in the industry. Its Lexus luxury brand, which was launched in the US in 1989, has expanded to Europe and Oceana. Lexus vehicles are sold in over 40 countries worldwide. The division is also working on improving its standing in the American auto market. J.D. Power and Associates, a consumer ratings firm, has named Lexus most reliable automotive brand for 12 consecutive years. In 2006, Consumer Reports also named Lexus the most reliable brand in its survey. Lexus is continuously nurturing its commitment to quality, which can be reflected from its cold air intake catalog, sophisticated engines, and its stunning lineup.
Scion, the other division of Toyota, is famed for its lineup. Scion xA and xB, which are both powered by a 1.5L DOHC I4 engine, are well accepted in the territory. Scion tC, unveiled in 2004, also comes with bountiful promises.
For many years people have often owned or driven cars that are not only to help for transportation purposes 6NW01043012 Electronic Turbo Actuators but are also there for improving the overall mobility experience.
In recent past times, people also drove cars to show off or flaunt their status symbol or just for the sake of casual and fun joy rides.
But those good times are tuing into rare dreams now. For every motorist, it's really getting harder and harder each day. Almost everybody, may it be a student or a retired senior person, is troubled and conceed about the zooming up gasoline or oil prices.
Given the constantly rising increases in gasoline prices, which come almost on a weekly basis, there is no wonder why people are forced to limit the use of car to a basic necessity.
Hybrid vehicles
During the start of the new millennium, giant car manufacturers had heralded great news about the development of mode cars that would significantly cut oil consumption.
Japanese car makers Toyota and Honda started with their research on alteative fuel efficient transmission systems and soon became the pioneers in this particular endeavor. Their United States and German counterparts followed the trend soon.
That was the emergence of hybrid vehicles in the now sluggish global car industry.
But what exactly are hybrid vehicles? Literally, the word 'hybrid' means a crossover or integration of two systems or components. Applying this term for vehicles, it means a combination of two types of cars, the gasoline powered cars and the electric powered cars.
Before understanding the hybrids further, let's get familiarized with the two mentioned car types.
The gas-powered and electric-powered vehicles
The gas-powered cars are the predecessor of all the other types of cars that came after it. The first invented car and all the other cars and modifications that follow it until the end of the 20th century are all gas-powered cars.
Gas powered cars are, you guessed it right, run by gasoline or oil. These cars have made oil exported fro the Middle East and other nations valued like gold, because of its volatile pricing.
Many years of research and development has enabled the manufacturers to add key improvements in the newer models of the gas-powered cars. Some of them are truly superior over the others. However, their owners and users have always been complaining about their increasing bills for oil consumption.
At the same time, the environmentalists are complaining about such cars' air pollution. They are raising strong conces over the combustion process that produces bi-products that are harmful to nature.
The first attempt of car makers to address the increasingly rising and agitating conces about higher oil prices and depleting ozone layer in the atmosphere was that of electric cars.
But alas, on practical grounds, those efforts were proven futile and non-feasible. Electric powered cars were tued down as impractical because their mileage and speed would not match the capacity of the gas-powered vehicles by a great margin.
A powerful combination
So, if the gas-powered vehicles were too expensive and pollution causing to maintain but really fast and reliable, and if the electric cars are not fast and reliable, but significantly cut costs of oil expenses and reduce pollution, why not combine both?
Smart integration and the 'meeting half way' option for the electric and gas powered cars paved the way for the rise of the hybrid vehicles.
Hybrid vehicle system consists of both gas powered engine and battery set powered motor, and a fine balance of the two power sources to manage the transmission. It truly combines the strength of both car types and addresses the conces arising from each car types too.
However, many experts and car fanatics are still disappointed with the hybrid car's inability to reduce oil bills as massively and tremendously as anticipated by the public before its introduction to the market.
A big conce is about the purchase price for hybrid vehicles. It's still way, way higher. Also, due to their complex designs, many people fear that their maintenance costs will be significantly more than the gas powered cars.
It has been just a few years since the emergence of hybrid vehicles. In the future, very soon, as the production cost would go down, the prices of hybrid cars would certainly be dragged down to an affordable level.