There is was a new ad out in Brazil. 1 minute 39 seconds long (at least in its director’s cut Youtube version). For 1 minute and 26 seconds, it shows the Ford Focus. Only a short 13 seconds long it shows the Nissan Tiida (better known as the Versa in the U.S.). The full length of the ad is paid by Nissan. Nearly one and a half minutes of free advertising for Ford. And is Ford happy? No, they are hip-hopping mad. (Read More…)
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In the post-Veyron, post-Horsepower Wars world, “Responsible Performance” has been the catchphrase on the lips of every purveyor of performance cars. And with Audi and Nissan already set to brawl for EV sportscar niche that’s being abandoned by Tesla with the forthcoming end of production of its Roadster, diesel power seems to be benefiting from a second look by would-be “responsible performance” vendors.
Unsurprisingly, the tuning houses are promoting their diesel efforts, as EV tuning presents significant challenges to the ICE-based tuning community. And the BMW modifiers at AC Schnitzer are leading the way with this Z4 “99d,” a 188 HP, 310 lb-ft two-liter turbodiesel roadster capable of 146 MPH. Oh yes, and 99 grams of CO2 per Km, or (very roughly) 60-ish MPG (non-EPA). Sound like a healthy compromise between “responsibility” and performance? The only thing you’ll have to give up is the $210,000 that Automobile says this Schintzer concept would cost if it were built.
While other manufacturers have problems getting parts, Saab has problems getting parts. But for different reasons.
“Production at Saab stopped for a second day on Wednesday as the money-losing automaker faces payment problems with its suppliers,” reports Automotive News [sub]. They add that Saab said it will start production again on Thursday, after money problems have been settled. According to the Automotive News report, Saab made a very inadvisable move: They did not pay their shipping company. (Read More…)
A new report [full PDF here] from the Government Accountability Office tears into the Department of Energy’s Advanced Technology Vehicle Manuacturing Loan (ATVML) program, the $25b “retooling loan” package that was the subject of TTAC’s first-ever Bailout Watch.
Although the loans represent about a third of the $25 billion authorized by law, the program has used 44 percent of the $7.5 billion allocated to pay credit subsidy costs, which is more than was initially anticipated. These higher credit subsidy costs were, in part, a reflection of the risky financial situation of the automotive industry at the time the loans were made. As a result of the higher credit subsidy costs, the program may be unable to loan the full $25 billion allowed by statute.
Well, no wonder GM pulled out of the program… it and Chrysler were asking for more than the remainder of $25b would have supported anyway, so if there is actually less than $25b to be spent, the high road away from the “Government Motors” image makes a lot more sense. But a lack of available funding isn’t the only problem with the program…
Caution: This Nikkei story has been debunked by Nissan.
Often considered, more than often denied, now it’s on the table again: Nissan and Renault, having lived in an open relationship with a joint CEO since 1999, could move under the umbrella of a common holding company. Joint CEO Carlos Ghosn told that to The Nikkei [sub] late Wednesday night in Yokohama. The managements of Nissan and Renault seem convinced that this is the way to go. However, there is a lot of work to be done before the wedding will become official. (Read More…)
Sometimes love strikes at first sight. Other times it emerges more gradually over months or even years. When I first drove the new Buick Regal nearly a year ago, I found a fair amount to like, but love didn’t instantly happen. The Regal just isn’t that kind of car. Its strengths are subtle. Perhaps if […]
Bloomberg reports:
Designers and engineers are working on a version of the plug-in hybrid Opel Ampera, which was modeled after the Volt and scheduled for sale in Europe this year, with a Buick grille and front-end styling, said the people, who didn’t want to be named because the plans are private. The Buick version would begin sales in 2013 if it gets final approval, the people said.
In theory this is a brilliant plan. Since capacity constraints are limiting production right now, GM might as well get its profit while the early adopters are still in the market. On the “not so brilliant” side of the equation is the fact that the most basic Volt already costs upward of $40,000. At that price point, how will they possibly tempt buyers up into a rebadged Opel version of the same car? On the other hand, there’s no automaker in the world that manages to associate itself so consistently with flailing brand management as does GM. Case in point, the Saturn “Flextreme” concept of 2008 pictured above. Meanwhile, this comes as no news at all to our friends in China.
Kiwi writes:
Howdy Sajeev. I’m looking to the general crowd of enthusiasts and experts here to give me some advice. I am most assuredly not a car expert myself.
We have three cars, two of which are a 2000 Toyota Camry (177k miles) and a 2000 Chevy Blazer (78k miles). The Camry is my daily car, and I drive 55 miles round trip to work five days a week (sometimes more as I have night school twice a week). The Blazer is my mother-in-law’s car, and she drives very little, mainly just to pick up my daughter from school a couple of times a week (less than 10 miles round trip), down to the local shops, etc. We are up in the PA/NJ area.
Coming home from work, I tend to get used to seeing various prototypes driving around, and cutting me off, after all, I’m only in a little white Peugeot 205 GTI, barely worth mentioning when it comes to the sheer amount of exclusive metal running around the Nurburgring. However, today, I spied some prototypes that you never see during the day running freely around city streets, namely, the testers from BMW and Porsche. Reclusive beasts they are, Dale Lomas from Bridge-to-Gantry, and my friend was able to nab several shots of the latest salvos from southern Germany while I only managed one hazy shot from an iPhone while trying not to pilot my little Pug into a lightpole.
Our (not quite) daily run-down of delays, shut-downs, shortages, and postponements, triggered by the March 11 tsunami in Japan.
- Toyota will have lost production of 200,000 vehicles by Friday. The Nikkei [sub]
- Toyota says that 300 dealerships out of a total of 810 in North Japan have been damaged by the earthquake. The Nikkei [sub]
- Nissan figures its Chinese output will be about 10 lower than planned in April as supply chain disruptions hinder operations. The Dongfeng Nissan joint venture will idle plants on weekends until mid-April, but will continue doing overtime on weekdays. Dongfeng Nissan has trouble getting parts from Hitachi. The Nikkei [sub] (Read More…)
Back in 1976, the Italian automaker Fiat had been badly battered by a global energy crisis and the resulting malaise infecting the global auto industry. In what Time Magazine described at the time as “a devastatingly ironic example of petropower,” Col. Muammar Gaddafi instructed his Libyan Arab Foreign Bank to invest some $415m into the Italian automaker, giving it a stake that would eventually grow to some 14 percent of the firm’s equity.
By 1986, Fiat’s Libyan stakeholders were becoming more trouble than they were worth. In the wake of the Lockerbie bombings, the US introduced sanctions on Libya, and Fiat’s Libyan connection left its attempts to bid for US military contracts (particularly those related to Ronald Reagan’s Strategic Defense Initiative) dead on arrival. As a result, Fiat and its shareholders bought back the entire 14 percent Libyan stake in the firm, presenting the Libyan Arab Foreign Bank-controlled Banca UBAE with a $3.1b check. And, according to what a Fiat spokesperson told us yesterday, that is where the story ends. But thanks to the now-ubiquitous Wikileaks, we have found that this story may in fact go farther than that. In fact, as the evidence stands right now, either the US State Department is working with bad information (which major news sources have yet to correct), or Fiat is lying about its ties to the embattled Gaddafi regime.
You’ve read Ed’s writeup of last weekend’s 24 Hours of LeMons race at Infineon Raceway, and now we’ve got more photos of the fender-bashing, engine-trashing action for you! (Read More…)
As I write this, President Obama and his top environmental and auto regulators are gathering for a speech on “American energy security” at Georgetown University. In this speech, the President is expected to make the case for ramped-up CAFE standards, EV subsidies and other transportation-related energy efficiency goals, and based on his politically pragmatic framing of the issue as being about “energy security” rather than environmental prerogatives, it seems that he’s serious about creating new policy rather than merely playing to his base. But, according to the Detroit News, the automakers are not going to take increased regulation sitting down, but appear to be gearing up for the first major legislative clash over automotive regulation since the green-tinged bailout. Automakers have begun to push back on both fuel economy and stalled safety legislation, explains Alliance of Automotive Manufacturer’s spokesperson Gloria Bergquist.
Automakers have always supported legislation and regulations that are driven by data and sound science, and there have been some examples where there was more wishful thinking and targets being selected that weren’t based on the data. So we have become more outspoken on the need for data to drive policy decisions.
Of course, automakers haven’t always supported regulation of their industry… but this is clearly a change in tone from the cowed industry that collapsed into the government’s arms just a few short years ago. A battle is brewing, so let’s look at some of the flashpoints in this forthcoming conflict.
Remember the story about the rotating power rationing in Japan? One for all, all for one? It appears that it is pure fantasy. On Saturday, The Nikkei [sub] wrote that Japanese automakers are considering running their factories in rotation to help cut the industry’s electricity consumption. The wire service said that “automakers are expected to hold a consultative meeting shortly at the office of the Japan Automobile Manufacturers Association to agree a rotational schedule.” The story had originated on the usually reliable and sometimes uncomfortably persistent Kyodo wire. On Monday, the story grew legs. Automotive News [sub] reported that the electronic industries don’t want to be left behind and demand rotating production holidays between the automotive and electronics industries. It now emerges that it was all wishful thinking. (Read More…)
Red light cameras continue to generate controversy in a pair of Texas towns located off Galveston Bay. Last week, Baytown responded to the lawsuit filed by photo enforcement vendor American Traffic Solutions (ATS) in Harris County court on St. Valentine’s Day alleging breach of contract. The quarrel between the two parties began when voters overruled the city council’s decision to implement automated ticketing machines by imposing a requirement that police personally witness each alleged violation. ATS decided it would not earn sufficient revenue under such an arrangement and pulled out.
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