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Posts By: TTAC Staff
By
TTAC Staff on January 24, 2014

For the past few months, sanctions against Iran for their nuclear ambitions have sidelined PSA and Renault from the Persian market. Behind the scenes, General Motors outmaneuvered PSA despite their one-time alliance allowing them to muscle their way into aan emerging market via loophole abuse and an unknown quantity of Camaros. With GM out of the way, however, PSA would now be free to regain their footing once sanctions were lifted.
PSA won’t be alone in the upcoming battle, of course, as their compatriots at Renault have plans to return to Iran to reclaim what was lost, and then some.
(Read More…)
By
TTAC Staff on January 24, 2014
By
TTAC Staff on January 24, 2014

The legal struggle has heated up between Daimler and the European Commission over the automaker’s continued use of R134a air conditioning refrigerant, which has been banned by the EU, in some of its models. “We are opening a procedure against Germany. This is not a final decision by the Commission,” EU industry commissioner Antonio Tajani said.
Germany has two months to respond. The procedure for adjudicating the violation of EU rules is a multi-step process which normally takes months. The German government is backing Mercedes-Benz and the dispute could ultimately end up in the European Court of Justice, with the possibility of heavy fines and the recall of about 130,000 Mercedes-Benz A-Class, B class, CLA and SL cars. (Read More…)
By
TTAC Staff on January 24, 2014

United States Energy Secretary Ernest Moniz said the whichever of the two Chinese bidders for the assets of Fisker Automotive wins the court ordered auction on February 12th it will still have to keep Fisker’s manufacturing and research in the U.S. Automotive News reports that Hybrid Tech Holdings LLC and Wanxiang America Corp. are fighting over the remains of Fisker in U.S. bankruptcy court for the remains of Fisker, an Energy Department loan recipient that stopped making its luxury plug-in hybrid cars in 2012.
“I’m not going to pick a winner of the auction,” Moniz said at the Washington Auto Show. “What’s key for us is of course the terms of our loan have to be respected. We have technology transfer limitations first of all. No matter who the winner is we will be looking at both engineering and manufacturing in the U.S. That’s the key for us.” (Read More…)
By
TTAC Staff on January 24, 2014
By
TTAC Staff on January 24, 2014
Nissan North America and TBWA Worldwide, Nissan’s ad agency have agreed to a settlement with the Federal Trade Commission over the FTC’s claims that a television commercial for the Nissan Frontier misled consumers about the truck’s ability to climb hills. The 30 second ad, titled “Hill Climb”, portrayed a Frontier pushing a stranded dune buggy up a steep sand dune. In reality, the Frontier wold not be able to perform the stunt in the ad. To shoot the ad, both vehicles were towed up the hill using cables.
(Read More…)
By
TTAC Staff on January 23, 2014

As the yen weakened against the dollar for a second consecutive year, Honda, Nissan and Toyota all set production records in their North American plants in 2013, according to Automotive News.
(Read More…)
By
TTAC Staff on January 23, 2014
By
TTAC Staff on January 23, 2014
The Insurance Institute for Highway Safety tested a dozen of the smallest cars on American roads with the rigorous new small-overlap crash test and according to Automotive News, all but the Chevrolet Spark performed poorly in the test. The small-overlap test is supposed to recreate collisions when the front corner of one vehicle strikes an immobile object or another vehicle. The test is performed with the driver’s side of the vehicle’s front end hitting a barrier at 40 MPH. It is considered a more stringent test because the front crush zone is missed and much of the crash energy is directed in to the passenger compartment, sometimes causing it to collapse. (Read More…)
By
TTAC Staff on January 23, 2014

Speaking at the Washington (D.C.) Auto Show, U.S. Energy Secretary Ernest Moniz said on Wednesday that part of reviving the dormant Advanced Technology Vehicle Manufacturing loan program may involve making suppliers as well as automakers eligible for the more than $15 billion allocated for the ATVM program that was never loaned out. The program stalled 2011 after the high profile failures of two loan recipients, Fisker Automotive and Vehicle Production Group. Of the other three recipients of ATVM loans, Tesla repaid its loan early and Ford and Nissan continue to pay down their debts on schedule. (Read More…)
By
TTAC Staff on January 22, 2014

Eagled eyed twitter used Clifford Attiyeh snapped this pic of the reskinned 2015 Lincoln Navigator, complete with Lincoln’s new corporate grille. Powertrain options are expected to be revised as well, with a 3.5L Ecoboost V6 appearing as the lone engine choice.
By
TTAC Staff on January 22, 2014

For 40 years the Shell oil company has been putting out reports on what expects in the future. This year’s report titled New Lens Scenarios sees passenger road transportation being “nearly oil-free” by the year 2070. The report is in the plural, scenarios, because the futurists at Shell envision two possible outcomes, which they call “Mountains” and “Oceans”. In both scenarios the world’s population will grow to 9 billion people by 2050 and by 2070 electricity and hydrogen will be the primary means of fueling road transportation. (Read More…)
By
TTAC Staff on January 22, 2014

Fiat announced that it has completed the acquisition of all remaining shares in Chrysler Group that it did not own. The United Auto Workers’ retiree healthcare trust, known as a voluntary employee beneficiary association or VEBA, received $3.65 billion in cash for its 41.46% stake in the Auburn Hills based automaker, $1.9 billion of which came from Chrysler and $1.75 billion from Fiat. The total deal is worth $4.35 billion, with Chrysler committed to pay the trust the remaining $700 million in four annual equal payments, the first of which was made when the deal was consummated. (Read More…)
By
TTAC Staff on January 22, 2014
The Russian government said that it will spend up to 271 billion rubles ($8US billion) over the next three years to subsidize the country’s struggling auto industry. A government web site said that the subsidies will underwrite research & development, jobs and costs related to more stringent emissions standards. Car sales in Russia in 2013 fell by 6% to 2.78 million units and 2014 looks like another weak year as the Russian economy stutters, according to the Association of European Businesses. (Read More…)
By
TTAC Staff on January 21, 2014
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