Posts By: Bertel Schmitt

By on August 12, 2011

The Crusade against distracted driving is taking its toll – on the telcos: “State laws that mandate use of hands-free devices when talking on a mobile phone behind the wheel may have cut handheld device usage in half over the past year,” reports Edmunds.

A report released by the Governors Highway Safety Association (GHSA) talks about a bloodbath caused by cell phones: (Read More…)

By on August 12, 2011

Good news for Opel workers: They could all get Chevys, and GM CEO Dan Akerson won’t sell them down the river, to China, to Korea, or god forbid to Wolfsburg. “We would never give Opel away. Opel contributes to our global size and is not for sale, end of discussion,” Akerson told Germany’s Financial Times Deutschland. An unambiguous statement. Opel workers would have loved to hear it a bit earlier. But better late than Hyundai.

Akerson had more news. Some good. Some, well, you decide … (Read More…)

By on August 12, 2011

GM knows where the growth is: In the emerging markets, BRICs and beyond. GM announced today it will “invest $150 million in the reactivation of its Bekasi manufacturing facility in West Java, Indonesia.” (Read More…)

By on August 11, 2011

“In attempts to boost profitability, GM wants to cut the number of vehicle platforms by half over the next decade and consolidate the number of engines,” reports the DetN. That’s the good news. The bad news is that “GM’s executives admit the automaker continues to have an inefficient manufacturing network, weak supplier relations and too many variations in the types of engines and vehicle underpinnings it uses to build cars and trucks globally.” If the DetN says it, then it must be true. Putting platforms and engines on a diet is seen as the cure. (Read More…)

By on August 11, 2011

From the Detroit News all the way to the Miami Herald, you will receive the good news that “China’s July auto sales are up 6.7 percent.” They are not. According to data released by the China Association of Automobile Manufacturers (CAAM), automobile production in China rose 1.26 percent in July to 1,306,100. Sales rose 2.18 percent to 1,275,300. In case you don’t read Chinese, China Daily provides a translation. The numerical crime was perpetrated again by the Associated Press. The AP is a repeat offender. (Read More…)

By on August 10, 2011

Imagine what would have happened if someone would have done an “Imported from Detroit” persiflage as blatant as the one above. A horde of screeching lawyers waving court orders and threats of unspecified punitive damages would have descended on the authors. What did Volkswagen do? Volkswagen invited the creators of the movie to Wolfsburg for a chat over coffee and PowerPoints.

Greenpeace says Volkswagen is not doing enough to save the planet. Volkswagen on the other hand thinks the company is the epitome of environmental responsibility. Greenpeace wanted to discuss Volkswagen’s environmental record. The environmentalists received an invitation to Wolfsburg to see themselves. After they left, the attacks escalated, Volkswagen’s plant in Wolfsburg was picketed and the video went viral. And that’s just the beginning of a sordid story that has the pungent smell of a different kind of green … (Read More…)

By on August 9, 2011

Few topics attain as much attention as something only a few can afford: Luxury cars, with special emphasis on who sells the most.

While some snootily state that a lot of these cars can’t possibly be listed as luxury comment, Connolly leathernecks battle in the burlwoods.  The war for luxury-leadership is fought on a global scale, where Dr. Z. exhorts his troops to fight back the onslaught of the Bavarian Barbarians. Month after month, skirmishes for market share erupt on U.S. shores as well. (Read More…)

By on August 8, 2011

Today, my phone rang repeatedly, and my email inbox quickly filled with questions. They all said: “Did you see this? Do you know these people?”

I knew the guy in the picture. I used to be married into a family that was in the Washington Green book. I lived in Virginia two driveways from Thomas Jefferson’s Monticello.  I was surrounded by gentleman farmers and politicos. Jeez, the late Ambassador Fritz Nolting drove into my pool on a riding mower with a cocktail in one hand and a cigar in the other. Talk about distracted driving.

The right man in the picture wanted to be Governor of Virginia. He still does. The left man wants to be a tycoon.

The man who leans over that sign somewhere in the godforsaken desert of Inner Mongolia, China, is Terence “Terry” McAuliffe. Yes, the very same Terry McAuliffe who was a Democratic National Committee head and a close Bill Clinton adviser who, according to a United States Senate document organized the famous coffees and sleepovers that saved Bill Clinton from electoral annihilation.

According to one source, “McAuliffe’s soft money strategy was responsible for President Clinton’s 1996 scandal concerning the Lincoln Bedroom sleepovers and the White House coffees, two tactics employed to solicit huge donations from wealthy friends and patrons of the Clintons.”

Putting the Lincoln Bedroom up for sale for $100,000 a night (on average) was only a minor scandal compared to what was called “Chinagate.”

Al Gore, friend and beneficiary of Buddhist monks, praised McAuliffe as ”the greatest fund-raiser in the history of the universe.” Coming from Gore, that’s the best endorsement one can get.

Yes, you are looking at THAT Terry McAuliffe.

Yes, it’s the same and he is back in China, and back in the fundraising business. This time, he promises to bring 300,000 cars to China. Made in America by Americans. Assembled in China. In that new factory which is going up behind the two gentlemen.

Wait, there is more. A lot more. (Read More…)

By on August 8, 2011

Someone is fanning the flames between Volkswagen and Suzuki, and we aren’t talking flames of love. Today, the German Platow Brief reported a bit belatedly that the German-Nipponese alliance is on the ropes. Something that the attentive reader of TTAC has known for quite a while and as always free of charge. The expensive subscription to the German financial newsletter is not in our editorial budget. A friend of TTAC sent us today’s Platow missive, which can’t be found on-line. After going through the usual blah-blah, the letter drops a high explosive bomb: (Read More…)

By on August 7, 2011

Within the next ten years, the car industry will change more than in the past fifty years. At least at Volkswagen, says Audi Chief Rupert Stadler. Platforms are a thing of the last century. The future of the car industry is kit cars. Or make that cars designed and built using elements of a common kit architecture. Currently, there are two families of erector kits which can be assembled into all kinds of cars at Volkswagen. They have Teutonic names like “Modularer Querbaukasten” (MQB)  and “Modularer Längsbaukasten” (MLB). Porsche is developing a “MMB” (Modularer Mittelbaukasten) for Mittelmotor (mid-engined) cars. Or possibly a MSB (Modularer Standardbaukasten), which could be the Mutter of all Baukasten.

Audi is already working with the MLB architecture. This coming year, Volkswagen will start using the MQB. Says Automobilwoche [sub]: (Read More…)

By on August 7, 2011

Saab is living off charitable donations and newly issued stock to allow its workers to live from paycheck to paycheck while doing nothing. Over at the Blog of Good Hope every little donation to the cause is praised as the Final Deliverance. According of a Blog of Good Hope post, representatives of the Chinese savior Pangda  are in Trollhättan this weekend. One of the questions undoubtedly will be “how long, how much?” Or in the language of venture capitalists “how long until we run out of runway?” (Read More…)

By on August 7, 2011

Following strong rhetoric of Japan’s automakers against the strong yen, Nissan appears to take action. According to Reuters, Nissan will “reduce exports by as much as a third and reduce the impact of the yen’s crippling strength.” The move is couched into socially acceptable terms. (Read More…)

By on August 6, 2011

At Volkswagen, the sales chief sits right next to God, or the CEO. Now imagine a sales chief that suddenly find himself with the title “Vice President of Customer Experience” and most likely with the responsibility to increase customer satisfaction like tomorrow – what would you do in his shoes? Polish your resume. This is what Mark Barnes likely is doing right now. (Read More…)

By on August 6, 2011

Japan’s automakers face a problem not seen for a long time: Unfilled job openings. “Automakers and other manufacturers are struggling to fill positions at their domestic factories as they ramp up output to make up for production lost since the March 11 disaster,” says The Nikkei [sub]. (Read More…)

By on August 5, 2011

In June, we made a projection of who will be where on the podium of the world’s largest automakers by the end of 2011. Now that half year results of most majors are in, we can have another look. Suddenly, the race gets tighter, and it could remain interesting till the end.
First, let’s see where we stand at halftime. (Read More…)

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