Long faces in hachi-roku land. Following a multi-year propaganda campaign, expectations for an “affordable” sports car collide with hard (currency) realities. (Read More…)
Posts By: Bertel Schmitt
After GM’s IPO, stockholders looked with great anxiety at the 32 percent the U.S. government still holds in General Motors. Allegedly, the U.S. government wanted to shed that share as quickly as possible, and someone dumping the stock does not make for rising stock prices. Now, GM is sending out smoke signals that a sale is far from imminent. GM’s chief spokesman Selim Bingol wrote in a blog that “the day will eventually come when the Treasury sells its GM stake. When is anybody’s guess (we have no say in the matter).” (Read More…)
From the Times of India to Jalopnik, all have the harrowing story that the Chinese government did “ban the word “Ferrari” from online searches.” According to the reports, a young man was killed on Sunday after his Ferrari 458 was split in two in Beijing. The reports say he was the son of senior Communist party official. According to the reports, that caused the word “Ferrari” to vanish from Internet searches in China. The Daily Mail wrote yesterday: “All references to the Italian supercar company were mysteriously removed from China’s online search engines in the early hours this morning.“ Jalopnik explains in its trademark shallow detail “why Chinese censors banned ‘Ferrari’ from internet search.”
I happened to be in China since Sunday. I volunteer life, limb, and personal freedom to put the story to the test.
(Read More…)
Volkswagen received a legal black eye from its estranged Japanese partner Suzuki. Volkswagen had taken a silly trademark fight all the way to the General Court of the European Union, and lost today, Reuters says. This is unrelated to the divorce proceedings between Volkswagen and Suzuki, but it definitely comes at an inopportune time. (Read More…)
After years and years and years of rumors and premature announcements, Jaguar Land Rover (JLR) has finally, honestly, cross your heart and swear to fry, “finalized a joint venture agreement with Chery Automobile Co to manufacture and sell vehicles in China,” Reuters reports. (Read More…)

With GM wanting to have a turn-around plan for its money-losing Opel division in a couple of months by summer, one would think there is at least some sense of urgency. Opel’s workers thought the same – until management rebuffed repeated attempts to sit down and talk. Opel labor leader Wolfgang Schaefer-Klug said management was not being “responsible” by rejecting the repeated efforts for negotiations, Reuters reports. (Read More…)
Here are eight mind-boggling reasons why you could be pulled over, ticketed, or maybe even arrested while driving or even parking your car. They have been collected by the Criminal Justice Degrees Guide, the people who help you get a job as a police officer. They should know. (Read More…)
In the market for an upscale Mercedes? Are you a reader of USA Today? In that case, stop talking to your travel agent. If you have already booked a ticket to Beijing, cancel it. USA Today fooled you. Most likely without malice. USA Today doesn’t know better.
Today, USA Today writes: (Read More…)
China has been the engine under record earnings at German automakers such as Volkswagen, Daimler and BMW. China helped GM offset its heavy losses at Opel, and provided more than 2 million cars that earned GM the (some say undeserved) title of world’s largest automaker. All of them have invested heavily into added capacity in China. All of them have reason to be worried. (Read More…)
The EU Commission in Brussels made good on its threat to drag Germany in front of the European Court of Justice. According to Automobilwoche [sub], Brussels has filed suit in Luxemburg. Brussels demands that the “special treatment” for Volkswagen is to be dropped. If the suit is successful, and if Germany remains obstinate, then a penalty of at least €46.6 million ($62.2 million) is demanded. The fine would have to be paid by the German government, not by Volkswagen. (Read More…)
When, some seven weeks ago, the Nikkei had the rumor that Nissan would revive its Datsun brand for low cost cars, targeted at emerging markets, official sources at Nissan – not surprisingly – had no comment.
One not so charitable source at Nissan conceded that “this time, the Nikkei is less on crack than sometimes.” Another more diplomatic source said: ”I guess you can expect a press release soon.”
That press release arrived today. (Read More…)
In Europe, half of the cars sold are diesels. In The U.S. and especially in Japan, automakers literally wrinkled their nose at oilburning cars. This is slowly changing, says The Nikkei [sub]. (Read More…)
Allegedly, China’s enthusiasm for new cars has waned. Don’t tell that to a Shanghainese. In Shanghai, exuberant carbuying has been dampened by limiting the amount of license plates, which are auctioned off. In March, prices of new license plates hit a record high. The average bid for a license plate was 58,625 yuan (9,380 U.S. dollars), Xinhua reports. (Read More…)
Hyundai’s sister company Kia might want to use some of those hypnotic powers to get badly needed parts. Kia’s U.S. plant in Georgia has been shut down, following a fire at parts supplier Daehan Solution. The West Point, GA, factory makes the Optima sedan, the Sorento SUV, and Hyundai’s Santa Fe SUV. (Read More…)
For the first time in recorded history, Hyundai is using true hypnosis to sell a car. Hypnosis expert Peter Powers designed an ”Online Hypnosis Experiment” for the new Hyundai i30. All you need is this computer, headphones, and 15 minutes of your time. Do NOT perform this experiment while at work! (Read More…)












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