“When you do everything right but too late, you do it all wrong. Before reaching a dead end, PSA decided to forge a partnership with a manufacturer [General Motors] that I don’t consider to be among the industry’s leaders of the pack. Overall, I think there is a lack of ambition [when it comes to product] from the French manufacturers.”
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Every once in a very blue moon, I’ll go to a mini-warehouse auction.
The realities of this low-down clearance process is completely unlike the miracles and glories that come with episodes of Storage Wars. You want junky third world quality furniture? Or memoirs of the 1980’s and 1990’s left behind by your neighbors from their very last estate sale before they finally moved to a condominium? The local storage auctions are the place to go. 80% to 90% pure junk.
This is where I recently found this wrecked 2002 Toyota Solara SE with 140k miles. For $375, it was all mine.
Should I…
Because the factory-hot-rod FX-16 version of the AE82 Corolla held its value better than the non-GT-S version, you tend to see more of the FX-16s in junkyards these days. In fact, this is the first one of these I’ve seen with an 8-valve engine for several years. (Read More…)
Chinese products have dominated almost every industry – except of course the automobile industry. But this could easily change. Chinese made cars are improving at a rapid pace and could soon challenge more established car makers. The Chinese invasion will soon start in India, with General Motors launching the Sail hatchback. The Sail is the brainchild of GM’s joint venture with SAIC (Shanghai Automotive Industry Corporation), which is by far the largest Chinese car maker, and which also happens to be GM’s joint venture partner for India.
After travelling to Iran, Japan, and Russia over the last week or so and having a peak at what cars the wealthiest Americans buy, let’s cross the Caribbean see to land in Puerto Rico today.
Don’t feel like white sandy beaches and impossibly warm waters? No worries. You can discover the best-selling models in 168 additional countries and territories in my blog. Or look at a more general view of the US market with the Top 277 best-selling models in the USA over the first 9 months 2012…
Back to Puerto Rico.
The first striking thing about the Puerto Rican car market is how well the Japanese manufacturers are doing and how, well not so well the Americans are faring…
Retired Chrysler CEO and former Ford president Lee Iacocca has endorsed Republican presidential candidate Mitt Romney. Iacocca is a political independent with a record of endorsing both Republicans and Democrats for the United States’ highest elected office. In his endorsement statement, which was also published as an op-ed piece in the Detroit News, Iacocca stressed his and Romney’s experience in “turnarounds”, America’s need for leadership, and his opinion that the future of the country depends on the results of this particular presidential election.
Is Ford about to re-name the Lincoln brand? A Detroit News reporter asked Jim Farley that question point blank, and his answer was evasive.
Workers at an LG Chem plant in Holland, Michigan have already been put on furlough before a single battery has come off the line. Workers have three weeks of paid “work”, and one week off unpaid at the $300 million plant.
“Have it Your Way” was a popular TV ad campaign some years ago. While it seemed to work for the world of fast-food burgers, it certainly wasn’t universally applicable in others.
Like in the world of Auto Repair, for instance. (Read More…)
Further on the news that Stefan Jacoby is out at Volvo and that Hakan Samuelsson is in, the parties decided to forgo the face-saving explanation that the change was due to medical reasons. They confirmed that is was a boardroom brawl which Jacoby lost. In a press conference today, Volvo Vice-Chairman Hans-Olov Olsson said “that Jacoby’s illness had nothing to do with the decision to remove Jacoby,” Reuters says. (Read More…)
Infiniti’s often discussed future premium compact model will not be built at Magna-Steyr, but “in-house in a European production facility,” Infiniti says in an emailed statement. The car will still “share a platform developed with Mercedes.” (Read More…)
With Brazil’s national auto policy finalized, BMW has decided to go ahead with plans for an assembly plant in the country.
How does the French government save an ailing car maker that employs thousands of people without actually bailing out the auto maker? By baling out their finance unit, of course!
“When you are a young designer of course, you think everything is wrong and should be different… You want to conquer the world and with great ideas. But over the time you have to really understand what Golf is, what VW is, And to mature to a certain degree, I needed that time. It took 15 years before I really knew what I was talking about.”
Stefan Jacoby is out as Volvo’s CEO, with Hakan Samuelsson, former head of truck maker MAN, replacing him effective immediately.
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