Uh-oh: The UAW has reached out to unions representing workers of Chrysler and Fiat in other countries. They want to form a “global network.” The group will not collectively bargain with the companies, King told reporters from Reuters. The group will be just an innocuous clearing-house for information. (Read More…)
Posts By: Bertel Schmitt
Car production is for the REALLY big boys only. It takes boatloads of patience and money. Ignore it at your peril. Or rather at the peril of your creditors – if you can find any. Latest road kill: The Norwegian EV maker Think Global filed for bankruptcy on Wednesday, as Automotive News [sub] reports. Nothing new for Think. According to AN, “it is the fourth time Think has collapsed financially in its 20-year history.” (Read More…)
The Chinese quest to own a large Chinese automaker with global reach fell on sympathetic ears with someone who should be scared of the yellow peril: Carlos Ghosn. After all,Ghosn is in charge of two automakers. Nissan is the largest Japanese brand in China. Renault is trying to get traction in China. At the Thomson Reuters Newsmaker event in Tokyo today, Ghosn said he does not only expect one or two large Chinese automakers to emerge on the global market, he also understands why.
First, Ghosn had interesting news for those who think there is no money to be made in China: (Read More…)
The Japanese auto industry might come back to much normal faster that thought. But then there is shippiing. It takes a while to float a few thousand cars across the Pacific. Now add high gas prices and a high demand for fuel efficient cars and you have the reason why Edmunds reports that the U.S. national inventory of the Toyota Prius is down to four-day supply. Ed Larocque, Toyota’s national marketing manager for advanced technology vehicles, told Edmunds that “production in Japan likely will return to full capacity by the end of June.” Which means that that wave of Prii won’t was ashore before end of July. (Read More…)
Nearly two months ago, American senators complained that China is continuing its “long history of breaking international trade rules” and that there is a “trade barrier that is designed to prevent U.S. automakers from accessing the Chinese market” for electric vehicles.
As Ed Niedermeyer said it back when, there were no new rules. There still aren’t any. If there is one man who should be up to date on rules on electric vehicles around the world and especially in China, then it’s Carlos Ghosn. After all, he did bet the future of two companies, Renault and Nissan on the future of the EV. Also, Nissan is the largest Japanese brand in China, and Nissan’s joint venture partner is Dongfeng, a company owned by China’s central government. So he should know what the rules are.
The trouble is: Carlos Ghosn has no idea. (Read More…)
A beaming and relaxed Carlos Ghosn dispensed a little insider knowledge tonight in Tokyo and let (surely not involuntarily) slip that there will be “significantly higher numbers tomorrow” when Nissan announces its predictions for the current fiscal year. (Read More…)
Lincoln, once the conveyance of presidents and Hollywood moguls, hasn’t been doing too well lately. In May, Lincoln sold just 7,399 vehicles in the U.S., about the same as Volvo, a brand that Ford had sold to the Chinese. The average buyer’s age of a Lincoln sold in 2010 edges up to the wheelchair-demographic: 62. Despite ample Panther-love doled out by TTAC, Lincoln is losing customers left and right: According to White House historians at the Wall Street Journal, every president from Calvin Coolidge through George H.W. Bush rode in a Lincoln limousine. The new prez defected to a Government Motor’s Beast.
The matter even attracted attention from Ford’s cross town rival GM. Its CEO Dan Akerson had some ungodly advice: “They are trying like hell to resurrect Lincoln. Well, I might as well tell you, you might as well sprinkle holy water. It’s over.”
Ford was faced with a tough decision: Keep it or kill it? And the decision is: (Read More…)
Didn’t you always have this nagging suspicion that MPG might be influencing the purchasing decision? At least a little bit? A brand-new survey says you are right! (Read More…)
The Pope is working on his green creds. When the German Pope Benedikt XVI will come to Germany in September, he will wave at the faithful from a plug-in hybrid. Made in Germany, of course. Mercedes is putting the finishing touches on a new popemobile. Based on the new M-Klasse, it is powered by a 60 hp hybrid module. The lithium io battery will supposedly be rechargeable in 60 minute, allowing the Pope to travel for 30 kilometers (18.6 miles) on heavenly electrical power alone. Once depleted, the ICE kicks in.
Why no pure plug-in? (Read More…)
No good can possibly come from a story that starts with “Chrysler has been bumping along on a couple of flat tires in recent years.” And it doesn’t. After recommending only one Chrysler model, the RAM 1500 pickup, over the last three years, Consumer Reports tested eight Chrysler models to see how they have improved. (Read More…)
While Toyota is still waiting for an apology for the fakery on network TV, a visibly unrepentant ABC News proudly declares:
“ABC News Chief Investigative Correspondent Brian Ross and the ABC News Investigative Team have been awarded the 2011 National Edward R. Murrow Award for “Video Continuing Coverage” for their exclusive investigation that revealed how Toyota had for years ignored complaints from hundreds of its owners about cars suddenly accelerating out of control.” (Read More…)
Yesterday’s confidential conference call between Victor Muller and suppliers with outstanding balances did not remain confidential for long. Saab Automobile is offering to pay a tenth of its debt to suppliers in a bid to get production up and running, reports Dow Jones Newswire [via Morningstar]. Not a good move: “Muller has said that all suppliers have to agree and give their answer by Tuesday to the proposal in order for Saab to resume production in two weeks’ time and make initial repayment.” Putting a gun to the head of a few hundred suppliers who hold your production at ransom is not considered wise. (Read More…)
You’d think with an owner by the name of Fiat, Chrysler would be knee-deep in small cars. Just the opposite is true. The Freep complains:
“Chrysler, for all of its recent improvements, is missing out on one of the biggest opportunities of the year: a chance to grab a larger slice of the small-car segment while Japanese automakers try to rebuild their car supplies after the March earthquake and tsunami that disrupted operations.”
Someone is really trying to shop around Opel. Or maybe it’s just a tactic to cow German unions into submission? Two weeks ago, Volkswagen and the inevitable Chinese were floated as possible buyers. What other bogeymen could there be? Ah, yes, the Koreans! (Read More…)
Our friends at Saabsunited are slacking off. They used to have cameras trained on the Saab plant in Trollhättan that allowed them to (prematurely) report the return of the workers to the idling plant. Now they had to learn out of the press that the plant will remain closed for a few more weeks. From Reuters all the way to Car and Van Weeks, they all report that Saab workers will stay at home for another two weeks, or thereabouts. The negotiatations with the darned suppliers are ongoing. What else is new? Well, Saabsunited was able to provide the news that the news are true, and that “no definite date for a production restart has been set.” To make up for the temporary breakdown of communication, Saabsunited was allowed to listen-in on a conference call with American suppliers. However, they “can’t reveal specifics.” So why listen in at all? I know, the matter is getting old and tedious, but while we are at it … (Read More…)






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