The Washington Examiner reports that, having previously moved its lobbying efforts to an exclusively in-house arrangement, GM is now hiring outside lobbyists again [UPDATE: GM’s chief in-house lobbyist just retired]. GM has rehired its old lobbying firms the Duberstein Group and Greenberg Traurig, and has added GrayLoeffler to its K-Street roster. GM is also keeping the “well connected” Washington Tax Group on its lobbying payroll, having picked up the firm’s representation in 2007. From these firms, some 18 lobbyists have registered as GM representatives, including a list of what the Wasington Examiner calls “well-connected revolving-door players from both parties.”
Former Reps. William Gray III, D-Pa., and Jim Bacchus, R-Fla., are both on GM retainer, as are fabled Republican and Democratic operatives Ken Duberstein (White House chief of staff under Ronald Reagan) and Michael Berman (counsel to Vice President Walter Mondale and campaign aide to every Democratic presidential nominee since LBJ).
Heading GM’s lobbying push for expanded R&D tax credits is the Washington Tax Group’s Gregory Nickerson, formerly the top lawyer at the tax-writing House Ways and Means Committee and the staff director of the Subcommittee on Select Revenue Measures. Nickerson’s partner is Mary Ellen McCarthy, formerly the top lawyer at the Senate’s tax-writing Finance Committee.
“They don’t write songs about Volvos,” proclaimed an infamous Chevy billboard once seen in the Detroit area. Of course it wasn’t strictly true, but then Chevy’s two most recent forays into musical marketing, Volt Jingles versions 1and 2, weren’t exactly “Little Red Corvette” either. And the trend seems to be holding: quality car-inspired music is slipping away. Even this song, the first Saab-inspired tune I’m aware of, is a wholly forgettable drone about fighting Saab’s inevitable closure. It’s not as bombastically awful as, say, the infamous Mercedes “One Goal” tune, but you know automotive culture is in trouble when the only music it inspires is about the closure of a niche Swedish nameplate. Unless the lyrics “we’re gonna make it, not gonna break it” has some kind of mysterious resonance for the daily Saab driver that I’m not getting. Either way, the world of car-inspired music needs some work.
Nissan Motor Co. failed to declare some $700m in income with the Japanese tax-san during a three-year period through March 2007, the Nikkei [sub] reports today.
The Tokyo Regional Taxation Bureau has sent Nissan an order to pay back taxes, including unspecified billions of Yen in penalties. Nissan has appealed. (Read More…)
Wonders never cease. Saab’s date of execution had been set for December 31. 24 hours before the last gasp, Saab has received a reprieve.
“We are preparing the wind-down process. At the same time we are open to options, to bids that come in. Therefore the deadline has also been dropped,” Saab spokesman Eric Geers said to Reuters. The news even surprised GM. (Read More…)
To have a chance of succeeding with its Opel turnaround, GM needs two things: Financial support from the European governments to the tune of €2.6b. And concessions by Opel workers worth €265m a year. GM itself doesn’t have more than $600m to contribute. Not the best bargaining position.
And the Hummer mess is marching on: Both Tengzhong and SAIC deny reports in the Chinese press that they are planning to cooperate in the production of the Hummer SUV in China. A lot of sense it would make: (Read More…)
This 1960 Impala needs no words of commentary; it’s one of those profoundly visual and self-explanatory cars. For a frame of reference and background, I direct you to its predecessor’s 1959 Chevy Curbside Classic.(Read More…)
How many show-car concepts over the decade have featured a “convertible” body, where the car could be transformed from one body style to another? In my memory, several; it’s an irresistible draw for designers. And how many have actually made it into production? The only one that come to my mind is this gen2 Nissan Pulsar. When I saw it and its gen1 predecessor two blocks away, it was my cue to take a look at this historically significant little car. (Read More…)
Welcome to TTAC’s latest feature “New or Used?” In this series, your car-buying questions will become a battleground between the forces of the used-car market (as represented by our in-house auction specialist Steve Lang) and the new-car market (as represented by Mr Sajeev Mehta of Piston Slap fame). Send your automotive scenario to mehta@ttac.com, and let these skilled pundits for the new and used car markets battle it out for your business before handing the debate off to TTAC’s Best And Brightest. This week we have a hypothetical scenario to get things started, in which a young family finds itself in need of a lot more space. Will they be swayed to buy new or used? Let’s read on… (Read More…)
We’ve always said the Fiat-Chrysler alliance was positive. The headquarters of an increasingly global company are here. But I wouldn’t like to see new auto products being developed in the United States and not here in our own research-and-development facilities.
Andrea Bairati, commissioner for innovation for Italy’s Piedmont region in a WSJ piece on Fiat’s annual meeting in Turin. Maybe if Piedmont had kicked a few billion in on the Chrysler-Fiat alliance, Mr Bairati wouldn’t feel quite so slighted.
No, it’s not an Infiniti, and yes, it is Chinese. Chery’s M14 is testing in UK, reports China Car Times, where Lotus is reportedly helping tune the engine and suspension settings.
First, they sold the most amount of cars in the world, then, they started cost cutting and now, Toyota are taking another big step towards becoming GM. The Charleston Daily Mail reports that the managers of Toyota’s manufacturing plant in Buffalo, West Virginia have allowed workers to distribute union literature during breaks at the plant. There’d been grumblings about unionisation for some time. Last month, some Toyota employees, (with the backing of the UAW, naturally), filed a grievance with the National Labour Relations Board’s regional office in Cincinnati. They wanted to distribute union material but were stopped by Toyota managers. Jeff Moore, a Toyota vice president at the West Virginia plant, reversed that policy. (Read More…)
According to Reuters, GM has sent a letter to its dealers offering $7,000 for every new Saturn or Pontiac they can move to a rental or service fleet between now and January 4. The plan would essentially make dealers the first buyer of the remaining Pontiacs and Saturns, which would then be operated as fleet vehicles or be sold as low-mileage used cars. In any case, the single objective is clear: get those dead brands off the books at all costs. With 7,900 vehicles left at Pontiac as of the 14th of December and upward of 5,000 left at Saturn as of the beginning of the month, the cost to GM could easily approach $100m. But as they say in the advertisements, their loss is your gain…. as long as you’re interested in one of the G6s or Auras that dominate the dead-brand straggler inventory. Where’s Oprah when you need her?
Getting a car like the Volt on Jay Leno’s Garage seems like a no-brainer. America’s patron celebrity of car obsession has the gearhead credentials to help explain the Volt’s positive attributes, and the enthusiasm to draw a very different crowd than the usual Volt fanboy sites. And yet from the first, the Volt’s visit to automotive Valhalla seems to have chief engineer Andrew Farah in permanent flinch mode. Leno is never overtly hostile (alá Letterman), but from his comparison of the Volt to a 1916 Owens Magnetic, to his assessment that the Volt is “not a tiny car,” you can’t help feeling that he thinks it’s all a bit of a joke. It’s a four-seater. Literally. They’re shooting for a 2,900 lb weight goal. Your mileage may vary. The hood is held up with a stick. What is the deal with that? Like any comedian, Leno’s only as good as his material. Luckily, the yawning chasm between the modest reality of the Volt and its relentless hype is fertile ground indeed.
Xu Heyi, chairman of BAIC group, told China Daily that the company will spend some $5b over the next three years to develop three to four passenger car models and two to three turbocharged engines based on the acquired Saab technology.
BAIC will revive their “Beijing” brand which was born in 1958, but abandoned soon thereafter. Beijing’s initial lineup will include a mid-sized hatchback, a notchback, a compact hatchback and a CUV. The cars will be made at 150,000 unit plant in Beijing. Construction will start in February. (Read More…)
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