Salutations, my good friends of the United States of America!
I am Mrs. Cammu Cori-Ganacha, the third wife of the former Nigeria head of State who died on the 8th of June, 1998. Under the strictest of confidence, I bring sad news that Automotive World are reporting that our good friends of Stuttgart, Daimler AG, are under investigation from the oppressive regime that is Nigeria’s Economic and Financial Crimes Commission for alleged bribes of 15 million of your U.S dollars. The alleged crimes of this upstanding and fine German company go back the 1970’s when they set up a joint with a local vehicle assembler called Anammco. (Read More…)
After years of reminding auto enthusiasts that pure power and performance numbers don’t make for a perfect car, Porsche has gone ahead and proved the point themselves.
So. Take a sedan which is primarily notable for its racetrack performance… and remove that performance. What do you have? You have the Porsche Panamera V6.
The National Academy of Science’s National Research Council has released a comprehensive report on fuel-saving technologies and their associated costs [full report available online here, summary in PDF format here], and it’s data-licious. Just about every currently-available (within the next five years) efficiency-improving technology was assessed, not just for efficiency gains, but for cost as well… but let’s wait on the cost part for just one moment. Above, you can see the study’s findings in regard to efficiency gain available through various near-term technologies, as applied to vehicles with 4, 6 and 8-cylinder engines. It should come as no surprise to find that conversion to Hybrids, diesels and dual-clutch or continuously-variable transmissions offer some of the greatest benefits… but what about those costs?
Now don’t get us wrong: we agree with the principle that there aren’t enough affordable options in the mid-engine sportscar segment. And we certainly admire Mr Chen Jinmiao’s attempt to build his own, despite his apparent lack of engineering education (“I downloaded the drawings from the internet, then bought the materials from the market”). But why, oh why, does the Daily Mail insist on framing the story in terms of Mr Chen’s lifelong love of Lamborghinis? Again, with all due respect to Mr Chen’s accomplishment, his “car” is to Lamborghini what this is to GMC.
Any chance you could do $30-$40k entry-level luxury, ie BMW 3-series and everyone else gunning for a piece of that pie? For completeness sake, include cars that normally aren’t positioned against the 3-series despite being a similar price (Lexus ES and Lincoln MKZ, for example) just as a sense of their relative market sizes; I’d be curious to see how the sporty vs unsporty dichotomy plays out in the real world.
Why eat the poor when you can sell them cheap car that’s fun to drive? The current Suzuki Swift is widely considered a poor man’s MINI, delivering funky front-drive fun for much less cash than it’s Bavarian-British reference point. And with the next-generation (shown here testing at the ‘ring) said to be headed stateside, Suzuki’s probably hoping it will be the ticket to less-lilliputian sales numbers. Unfortunately the brand’s latest offering, the Kizashi, is averaging a mere 338 sales per month this year… so don’t hold your breath for a swift Suzuki revival just yet.
GM has announced a voluntary recall for 1.5m heated washer fluid modules due to a possible fire risk. According to the company’s press release,
Because the feature will be disabled, GM will make a voluntary payment of $100 to the owner or lessee of each vehicle.
This heated washer fluid unit was first recalled in August 2008, due to a short-circuit problem. GM became aware of another problem with the unit in June 2009, and has since become aware of five separate reports of fires caused by the unit. Hit the jump for a list of affected models. (Read More…)
Well, it was no fluke. Wieden + Kennedy can sell the crap out of the Challenger. It’s just too bad that every time people see a Caliber, Avenger, Journey or Caravan, they say “Dude, I’d rather be abducted by terrorists than that thing.” Especially if they’ve taken the time to read what “those consumer review sites” think about them.
With a GM IPO in the fourth quarter of this year looking more likely than ever, GM has revealed just how much its top management stands to gain from the automaker’s post-bailout share offering. Based on trading of Motors Liquidation bonds, which GM will convert into stock and warrants, a JP Morgan Chase report pegs the company’s value at $70b. Based on yesterday’s bond trading prices, however, BusinessWeek estimates new GM’s value at $48b. With a float of 500m shares planned, that puts GM’s current stock price at about $96/share. With that in mind, let’s take a quick look at GM’s planned executive stock compensation.
Approximately 1 million passenger cars (including MPVs, SUVs, and Minivans) changed hands in China in May, up 23.2 percent from a year earlier, the lowest rate during the past 13 months. That according to the China Passenger Car Association, as reported in China Daily. This is not yet the total vehicle count, which should be reported by the CAAM a few days later. The passenger car number usually is within a few points of the CAAM number. Is that good or bad? (Read More…)
Who the hell wants a Dodge Daytona? It was a question I was forced to ask myself as a 1991 model with an Iacocca inspired trombone red interior passed through the block. The bidding started at $200 and… well… it sold for $200. Then there was the seller fee, the transport cost, a battery, and pretty soon… (Read More…)
Meet the Renault Vel Satis, erstwhile flagship of the Renault range. Dreamed up in the go-go ’90s for “non-conformist” customers who sought to “distance themselves from the traditional saloon,” the Vel Satis ended up being something of a whipping boy for styling critics. And why not? In retrospect, it’s hard to deny that the thing looks a bit like the love child of a Nissan Versa and a Cadillac DTS. And yes, it is the only car on earth that can make Nicolas Sarkozy look attractive by comparison. In fact, the most apt critique of the Vel Satis’s styling was probably Stephen Bayley’s assesment that it wasn’t quite ugly enough.
Did we say that the strike at a crucial Chinese parts plant is being closely watched? Last week, a 20 percent pay rise was given at a Honda-owned transmission plant, and slowly, everything went back to normal. Until today. Honda is in trouble again. (Read More…)
Oklahoma is preparing an unprecedented statewide deployment of automated ticketing machines designed to generate $95 million in revenue. Instead of using red light cameras and speed cameras, the Oklahoma Department of Public Safety (DPS) is preparing to sign a contract with a for-profit company that will track all passing motorists with a network of at least twenty automated license plate recognition (ALPR, also known as ANPR) cameras. The devices would also “generate significant additional revenues” by issuing $250 citations for expired insurance using the Oklahoma Compulsory Insurance Verification System (OCIVS) database that went live in July 2009.
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