The Daily Mail just woke up to a Japanese phenomenon: Blinged-out trucks. Some of these trucks have more neon than a pachinko-parlor. Did I say that they have no concept of a “light vehicle” overseas? I take that back. But watch out, there are new kids in town. TTAC investigates … (Read More…)
At the Tokyo Motor Show, the announcement that Toyota and BMW are in cahoots over batteries, diesel engines and possibly more was the talk of the show. Back in Bavaria, BMW displays a promiscuous bent. BMW will cooperate with GM, yes GM, on fuel cells. This at least if the German magazine Wirtschaftswoche is correctly informed.
Sources told Wirtschaftswoche that a cooperation between BMW and GM is as good as done. (Read More…)
Hyundai has a new and extremely successful spokesman. He is well-known, he can speak about cars with more authority than a football player. Best of all: He works pro bono. It is Volkswagen’s CEO Martin Winterkorn. With a low-cost video, Winterkorn catapulted Hyundai’s image to formerly unknown heights.
The German magazine Wirtschaftswoche reports that the image of Hyundai took a leap a few days after Martin Winterkorn walked over to the Hyundai stand at the Frankfurt motor show and praised the non-rattling steering column. (Read More…)
Actually, we shouldn’t even mention Saab before the court in Vänersborg renders its verdict on Dec 16. The court will decide whether it follows the suggestion of the court appointed administrator Guy Lofalk to lift the creditors protection on Saab. But it’s a slow newsday, and Saab is always good for a story. No, we don’t mean the €3,322,993.13 allegedly transferred by Youngman. No, we are not referring to the latest round of hamfisted censorship at Saab’s enthusiast site. We are talking about a story that is making the rounds on websites that specialize on the activities of the Russian mob. They insist that Saab’s darling Antonov “has been involved in a number of financial scams before.” The mobster tracking site Rumafia says:
“A few years ago Antonov moved almost all Snoras’ liquid assets, $400-500 million worth, to foreign accounts. He disguised the fraud under a series of loans which the bank allocated to front companies with no real asset backing.”
Hmmm. No real asset backing? (Read More…)
On my raceboat, we had one of those big red things pictured above. It was supposed to switch everything off when things went awry. The NHTSA now proposes something similar for cars with keyless ignition. It is intended to stop the car immediately in a panic situation. Of course it won’t be as intuitive as the big red switch pictured above. After all, the solution comes from Washington, DC.
“U.S. auto-safety regulators proposed standardizing keyless ignitions to allow drivers to turn off cars faster and more easily in incidents of unintended acceleration following Toyota Motor Corp.’s record recalls. “
If course, this is not entirely true. (Read More…)
This is both an interesting and a strange article the The Nikkei [sub] has on GM. First, the interesting part. (Read More…)
Many years ago, an old school Volkswagen exec said to me: “If I want to have visions, I simply drink a few bottles more.”
How things have changed. Nowadays, if you want to be a CEO, you must have a vision. Winterkorn’s vision is world domination by 2018. His colleague Karl-Friedrich Stracke also has a brand new vision. According to Germany’s Focus Magazin, Stracke said at a meeting for the upper management: (Read More…)
After intensive study, the automaker and union-funded think tank, the Center For Automotive Research (CAR), came to the conclusion that closing down automotive manufacturing sites is not as catastrophic as originally thought. Nearly half of the 267 U.S. automotive manufacturing plants that had been shuttered since 1979 have come back to life. (Read More…)
Toyota presented today its revised outlook for the fiscal year 2012 (ending March 31, 2012). Only people who inhabitate spaces under rocks gasped when Toyota’s Executive Vice President Satoshi Ozawa announced that Toyota is looking at making only half the money it projected back in August. After a gloomy forecast in June, recovery from the tsunami had progressed faster than thought. Then, the waters in Thailand and the killer yen kept rising. (Read More…)
You’ll probably hear that the Chinese car market grew a tiny bit in November. Don’t believe it. Not true. According to data released today by the China Association of Automobile Manufacturers (CAAM) the market for all automobiles dropped 2.42 percent compared to November last year. Not that the sky would be falling: (Read More…)
Audi wants to take on BMW in the European luxury SUV segment. Walter de’ Silva, design boss at the Volkswagen Group, told Automotive News Europe [sub] that Audi will definitely take on the BMW X6 with an Audi Q, and might also field a challenger to the BMW X4. (Read More…)
The National Legal and Policy Center (NLPC) filed a Freedom of Information Act request with the National Highway Traffic Safety Administration (NHTSA), seeking:
“All records, documents, internal and external documentations between the National Highway Traffic Safety Administration and General Motors between June 1, 2009 and December 1, 2011. These requested records shall include communication regarding the Chevrolet Volt, also known as the Chevy Volt.”
That’s a lot of paper if the request will be granted. (Read More…)
For no immediately obvious reason, Germany’s Frankfurter Allgemeine Zeitung has a long article today, which says that GM is running out of patience fast with its money-hemorrhaging Opel unit. The paper predicts new negotiations (read firings and plant closures) with the unions – “or worse.” (Read good riddance Opel.) The sound of rattling sabers is all over the article. (Read More…)
Automotive News Europe [sub] spotted a new trend in Tokyo: Daredevil CEOs:
“On Nov. 27, Toyota boss Akio Toyoda wowed a crowd of spectators in Japan by racing through a lineup of Lexus LFA supercars in the new Toyota 86 sporty coupe. One day later, Honda CEO Takanobu Ito hopped on a Honda MotoGP racing motorcycle and blasted around the company’s Twin Ring Motegi racetrack.” (Read More…)
One of the most closely watched quality indicators in Europe and especially in Germany is the annual TÜV-Report. With German thoroughness, the report tells exactly which cars were naughty or nice. It’s the law: Three years after you buy a new car in Germany, it must be inspected by the Technischer Überwachungsverein. Thereafter, every two years. This is not your run-of-the-mill drive-to-the-gas-station-get-a-sticker exercise. At the TÜV, each car undergoes a thorough and invasive physical. Fail the physical, and it’s back to the shop. Fail again: No inspection sticker, get that POS off the road. No wonder that a date with the TÜV is considered as even less attractive than a meeting with the proctologist. One out of 5 cars fail the test on the first attempt.
Once a year, the TÜV compiles its TÜV-Report, using the actual results of the check. This is no J.D.Power CSI. This is the real world, a report compiled with screwdrivers, flashlights, emission probes, brake testers. Executives at automakers await the report with high anxiety. Bad positions on the list can be career-ending.
The TÜV-Report 2012 will be published on December 16. Some results are already dribbling out, but the list itself remains under wraps. We twisted some arms and finagled an advance copy (your Teutonic old boys network at work.) Let’s see who will be promoted and who should polish his resume. (Read More…)
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