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 >

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 >

Saab’s white collar employees were getting blue in their faces from waiting for last month’s paycheck. Saab had to sell off slices of the company to pay workers who sit at home twiddling their thumbs. According to the always well informed Saabsunited (when it comes to good news), salaries were transferred today at 5pm. On to the next payday.

Meanwhile, things don’t look so good in China. In June, Saab signed a non-binding memorandum of understanding (MOU) with Chinese distributor Pangda Automobile and car manufacturer Zhejiang Youngman Lotus. This had been feted as the second coming of Christ over in Flagwavingland. Put your ear on the ground. Hear that sound? It’s the Chinese, dragging their feet. Read More >

Chinese construction workers settled an argument about a parking spot with dynamite. The altercation left four people dead and 16 injured. Read More >

Last week, we brought you the news that the Nissan-Dongfeng joint venture will build an EV in China, that it will be ready by 2015, and that it will not be the Nissan Leaf. The Made-in-China plug-in will be offered by Nissan-Dongfeng’s “Chinese” brand, Venucia. This most likely in compliance with yet-to-be-released, but much-rumored regulations which will shower Chinese EV subsidies only on indigenous vehicles.

Barely a week after the news, there already are pictures of the future Chinese EV. Read More >

The dwindling and demoralized ranks of Saab flagwavers had a bad week. No cash in the kitty, bankruptcy looms, their savior Vladimir Antonov is rebuffed by the European Investment Bank, dirty laundry about funds seeping away to hot islands is being aired. Their hopes now cling to a sheet of paper. Today, Christer Gerlach wrote an op-ed piece in Sweden’s Dagens Nyheter in which he makes the case that Saab should not be written off just yet. He is asking the Swedish government for help. A translation is printed at Saabsunited.

Christer Gerlach is a famous autowriter. The 66 year old Swede became notorious in 1972 by crossing the Sahara in a Citroen 2CV. In 1988, he entered the Guinness Book of World records in a solo trip around the world – in a Toyota Corolla. If you want the impossible on four wheels, Gerlach is the man to call.  I would not call him to restructure a moribund car company. Read More >

Toyota is working on a small car based on its emerging market platform that underpins the Indian Etios, and will release it in China by 2013 – if  The Nikkei [sub] is correctly informed. There is nobody working at Toyota on Thursdays and Fridays as a power saving measure, so there is nobody to ask. We expect no more than the usual “we cannot comment on future models” when people will be back to work on Saturday. With that in mind, let’s go down rumor lane. Read More >

As we’ve already seen, BMW is building a record number of variants of its next-generation 3 Series, including “GT” hatchback and X4 “Sport Activity Coupe.” But as this photo shows, there is at least one other Dreier bodystyle that we hadn’t heard about yet: the long wheelbase sedan (top). Given the brand’s post-Bangle swing towards extreme styling consistency, the decision between a LWB 3 series and a 5 series seems to have serious head-scratching potential… but it’s not something we’ll have to worry about. The LWB sports sedan will only be sold in China, according to Auto Motor und Sport, where upmarket buyers favor chauffeurs… even in the Ultimate Driving Machine.

Remember Hybrid-Kinetic Motors, the hugely ambitious venture by former Brilliance Chairman Yung Yeung that was supposed to build 300k physics-defying hybrids per year at a brand-new $1.5b Alabama factory (with the modest goal of producing a million vehicles per year by 2018)? H-K Motors was never taken very seriously here at TTAC, and despite appearing to be a visa scam, the firm signed a $500m design deal with Italdesign/Giugiaro, and was reportedly working with a German engineering firm… and Alabama’s Baldwin County sure took the firm seriously. Unfortunately, al.com reports that

In 2009, Chinese company HK Motors had taken notice of the megasite and announced plans to build a $4.36 billion green energy automobile manufacturing plant that would employ 4,000 workers.

Under a plan unveiled two years ago, the Pasadena, Calif.-based subsidiary of Hybrid Kinetic Group Ltd., of Hong Kong, would start production in Baldwin County in 2013. The cars built there would run mainly on compressed natural gas, backed up by electric batteries and a small gasoline tank.
The company announced that it expected to build 300,000 vehicles each year at the outset, with production increasing to 1 million by 2018 by 5,000 local employees. The company purchased a battery manufacturer and other component businesses in subsequent months.

But local officials said last month they would be marketing the site to other companies with HK Motors apparently unable to secure financing for the venture.

I’m sure nobody’s surprised by this at all… after all, I never found anyone who believed a word of the Hybrid Kinetic mumbo-jumbo. But what reminded me of the H-K fiasco, and what led to me to find that it had officially abandoned Baldwin County (after it shouldered $70k in surveying costs, no less) was news that a hybrid van manufacturer is setting up shop in St Louis, which has lost Ford and Chrysler plants. What reminded me of the H-K situation? “Emerald Automotive Limited,” which is promising 600 UAW-represented jobs and gas- and diesel-electric delivery van production by the end of next year, doesn’t have a freaking website. That’s never a good sign…

After a lot of prototypes presented at Chinese car shows with hoods closed and long cables going to mock charging stations, EV development appears to get serious in China. Yesterday, Nissan announced that it is developing an EV for the Chinese market that will be sold under the Venucia brand by 2015. Daimler of all people could be further ahead. Read More >

In fulfillment of my paparazzo duties, I stalked Nissan’s and Renault’s CEO all the way to China today. Easy for me to do: I could walk from where I live in Beijing. The walk was worth it. In the Grand Ballroom of the China World Tower 3, Ghosn and his Chinese joint venture partners announced an aggressive five year plan. Nissan and Dongfeng want to nearly double Nissan sales in China from 1.3 million in 2010 to 2.3 million in 2015. Read More >

At a press conference in Beijing’s tallest building, Nissan’s CEO Carlos Ghosn announced today that the Nissan-Dongfeng joint venture will build an EV in China, and that it will be ready by 2015. No, it will not be the Nissan Leaf. It will be a plug-in that will sail under Nissan-Dongfeng’s “Chinese” brand, Venucia. Said Ghosn: Read More >

Remember how everybody was scared by cheap Chinese car imports? It’s not happening. Leading executives of Chinese car companies have pretty much given up hope for major car exports in the near future. Instead of exporting cars, China’s auto makers should think about exporting technology and capital to get into foreign markets, said Xu Heyi, chairman of BAIC to China Daily. “This is an inevitable change for Chinese auto makers who want to go global,” Xu said. “Products export is a short-sighted behavior.” Read More >

Soon you’ll read all over Google that China has 217 million cars. Don’t believe it. It’s not true. Read More >

Our patent-pending China sales oracle is in top form. As predicted, the Chinese market awoke from the doldrums in June and rose 6.2 percent from a year earlier to 1.11 million units. This according to a data released today by the China Association of Automobile Manufacturers (CAAM). Read More >