USA Today reports that Tennessee’s 2 Republican Senators, Bob Corker and Lamar Alexander and GOP congresswoman Marsha Blackburn received a rather frosty reception when they went to Spring Hill on Friday to toast GM bringing jobs back to the Ex-Saturn plant. They got booed and heckled. Why the frosty reception? Well, if you remember, Lamar Alexander and Bob Corker (along with the unnamed Congresswoman) were very vocal opponents against the bailout of GM and Chrysler. So, for 3 politicians to come back to their state and welcome back the very jobs which they would have been quite happy to see lost in the name of free market economics, probably stuck in the craw of the electorate. Namely, the UAW. (Read More…)
Posts By: Cammy Corrigan
Ford is in pretty good shape now and it’s quite clear that they’ll survive, provided they don’t fall under the huge amount of debt they have. But don’t be fooled that things are safe at Ford. Especially if you’re a dealer. (Read More…)
Michael Jackson is overrated. There! I said it! You’d be surprised how much trouble that statement has got me into. Not that I’m a stranger to saying stuff that gets me into trouble. If were to say “I think the Rolling Stones” are overrated, most people would shrug and say “Fair enough”. If I were to say “The Beatles’ music isn’t seminal”, most people would say “To each their own”. But every time I say “Michael Jackson’s music all sounds the same and is overrated” people look at me, as if I’ve murdered their children. I just don’t understand this reaction. Why is Michael Jackson above criticism? I mean, Michael Jackson? Is it really THAT blasphemous to question the music of the Mr Jackson? Anyway, this isn’t “The Truth About Music”, it’s “The Truth About Cars”. And it’s this, quite frankly, lack of credulity which gave me inspiration for this weekend’s “Weekend Head Scratcher”. (Read More…)
Since the recalls, hearings, etc. it’s been difficult to gauge what effect this had on Toyota. On the one hand, sales are falling in the US, but globally, sales are up. Looking at it one way, Toyota had to raise their incentives to shift metal; looking at it another their incentives are still below market average and nowhere near GM, Ford and Chrysler. Companies that are committed to lowering their incentives. Well, here’s another story to further confuse us. (Read More…)
Despite rising global sales and recording good profits ( Ray LaHood’s best attempts just aren’t good enough), the bad news keeps coming in for Toyota. Recently, Toyota lost a preliminary hearing that ruled they hid safety evidence (I think it’s safe to say that Dimitrios Biller is off Toyota’s Christmas card list). Now their brand has taken an official hit. (Read More…)
Who is the most sustainable car maker? And by “sustainable” I mean everything, like fuel-saving ideas, green practices, etc. It’s bound to be a Japanese car maker, right? Toyota, with their hybrid technologies, Nissan and their electric cars or Honda and their Hydrogen FCX Clarity? Nope. Maybe it’s General Motors and their Volt? The answer lies in Munich. (Read More…)
I don’t know how the US press is reporting it, but according to the UK press, California is on the verge of economic collapse. IOU’s were issued to public workers, lawmakers can’t agree on a budget and neighbouring Nevada has instigated an advertising campaign to lure businesses away from California. Governor “Ah-nuld” Schwarzenegger (who for the rest of the article will be referred to as “AS” as I can’t be bothered to write his name out every single time) is trying his best to bring business to “Cali”. He’s gone on a jaunt to Asia to try and drum up trade. And his press folk will announce even the smallest win. (Read More…)
A few weeks ago, I wrote about rumors circulating that the Saturn plant at Spring Hill, Tennessee may be coming back online as GM’s volume increases. Well, the rumors are getting stronger. (Read More…)
Historically, Volkswagen has given the U.S.A. much more attention than their sales deserve. The U.S. are considered key to VW reaching their goal of becoming Nummer Eins auf der Welt (I’m sure Herr Schmitt will correct my German – he sure did.). Trouble is, their US head, Stefan Jacoby, deserted to left to work for Volvo and Geely. This means they needed to find someone new. And they may have just done that. (Read More…)
I can’t speak for the US market, but in the UK car market there is one segment which I can never see dying. The small, luxury car segment (A.K.A The luxury entry level). This is the area reserved for your Audi A3’s, BMW 1 series’ and, to lesser extents, Volvo S40’s and Mercedes-Benz A-Classes. The reason I believe this segment is more robust than other is because it revolves around one factor which has been around for a very long time. Vanity. In the UK, you have many (and I mean “many”) mid-20’s to early 30 men, who’ve got a half-decent paying job and want to lash out on a car with a luxury make. Very few will go with cars like the Audi A4, BMW 3 series and Mercedes-Benz C-Class, because they either scream “rep-mobile” or “old man”. They won’t go any higher up the ladder because that’ll be too costly. So the small, luxury car segment is perfect for them. The least amount of money for the most amount of badge-snobbery. This is why the BMW 1-series is so successful in the UK, despite being quite a poor car. “I can get a BMW for the price of a Golf? Sign me up!” Well, it seems a new boy is coming to the market. Only this one has a trick up his sleeve… (Read More…)
When assessing things to buy (especially with your own money) people have different priorities. For instance, when buying a TV, some choose a bigger screen over feature (“I’m never going to use ALL 4 HDMI sockets!”). Likewise, when choosing a holiday, most people think destination is the most important criterion. But some people think the destination isn’t important as long as it’s family friendly, or the food is good, etc. Can you guess what this weekend’s “Weekend Head Scratcher” is going to be…? (Read More…)
Remember how we used to lament how Detroit was too truck and SUV heavy? Ford agrees. They think people buy way too much of the big stuff, and it will come back and haunt us. At least in Canada Ford thinks that way. The Calgary Herald reports that David Mondragon, chief executive of Ford Canada, has said that a combination of high incentives, low oil prices and pent up demand have created a short term boom for truck sales. “That’s a segmentation shift that’s not healthy for the environment, not healthy for the economy and long term, we need to see that shift go back to a more balanced approach,” said Mr Mondragon. That’s right. He said that the boom in trucks cannot last and that Ford must be prepared for the when that happens. Wow. A Detroiter (well, a VERY northern Detroiter) is actually suggesting that they may have to prepare for when the party ends? (Read More…)
A long time ago, I was told a little phrase which stuck with me: “Sometimes, you may be done with history, but history isn’t done with you.” It made a lot of sense to me. Just because you’ve finished with something doesn’t mean it’s over for the other party. Seems like Daimler and Cerberus are learning this the hard way. (Read More…)
Remember that old saying, “What’s good for GM is good for America”? Well it seems that the UK is developing a similar ethos. “What’s good for Ford is good for the UK”. Now, this isn’t some arrogant Ford executive trying to brainwash the UK public that buying their cars is their public duty. There really is a good reason behind this. Honestly. (Read More…)
Ray LaHood is great, isn’t he? When that big nasty corporation, Toyota, was building those awful machines that were murdering people and their children in their sleep in the middle of the night, he urged everyone to “stop driving your Toyotas” (Ford also had a problem with unintended acceleration, but LaHood couldn’t go after them with the same vigor as he was busy dealing holding “Toyota’s feet to the fire” at the time). His useful piece of advice led to a calm and controlled recall and gave people the courage to come forward and give their horror stories of how their Toyotas went all “HAL” on them. Then came allegations that Ray and the NHTSA were suppressing a report that confirmed it wasn’t the cars but driver error. Well, Ray knew he was being stabbed in the back but you can’t keep a good man quiet for long… (Read More…)











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