We’ll confirm it. Again. America is becoming ever more hungry for small premium brand crossovers, and that’s not simply a result of there being more $40,000 German utility vehicles from which to choose.
Category: Industry
For the third time this year, workers at Hyundai’s Montgomery, Alabama, assembly plant have set a production record. The factory turned out a grand total of 37,764 cars in August, 390 more than the previous May record. After an expansion last year, the plant now operates on a 24-hour schedule Monday through Friday. Even so, the company still claims that production constraints are holding back sales, especially of the Sonata and Elantra.
Reports out of the Berlin desk of Reuters suggest that VW could have a fairly large problem on their hands, one that TTAC discussed during heated battles over modular kit architectures – that of “cascading failures”.
The Datsun Go is about to get some company, in the form of two new models developed for the Indonesian market.
And every nation but one signed on. A hundred and fifty-five nations agreed to a kind of form of blackmail, which is that you want to sell cars to the U.S., you want to sell, you know, orange juice to the U.S., you’re going to have to go along with deregulating your banking system, accepting our derivatives junk, our junk bonds and our junk derivatives, and opening up your sectors to Goldman Sachs and JPMorgan, so that Morgan, Citibank, and others are allowed to operate internationally. The effects, of course, have been disastrous.
It’s a stunning allegation, but it’s one that increasingly appears to be backed by solid evidence: the United States “exported” bad banking practice in exchange for importing everything from bananas to Bentleys. But there’s more.
Only weeks after starting up long-delayed production of lithium-ion batteries for the Chevy Volt at their new factory in Holland, Michigan, LG Chem has announced that they are stopping production for up to six weeks because a compound used in that production apparently had not been registered for use in manufacturing with the U.S. Environmental Protection Agency. While no shutdown order was issued by the EPA, the agency recently issued a subpoena to LG Chem, demanding a list of chemicals used at the Holland facility.
LG Chem spokesman Jeremy Hagemeyer said in an email to news agencies, “We discovered the possibility that this material may not be properly registered and made the decision to pause our production until we have that question resolved. We are currently reviewing the registration status and will work with the EPA to resolve the issue quickly. In the meanwhile, we are delaying production activities for approximately 6 weeks until we have confirmed the registration status or otherwise obtain approval from EPA.” Read More >
The C-Suites of two major auto makers are unlikely to change in the near future, despite rumors suggesting that both Ferdinand Piech and Alan Mulally are set to depart both VW and Ford respectively.
Another day, another flip-flop on future product plans over at Casa di Marchionne. The latest news comes from Italian unions, who claim that the Maserati Levante will be built at the Mirafiori plant in Italy, rather than at Jeep’s plant in Detroit.
My, how times have changed. In 2010, Audi teased us with the quattro concept, a tribute to the original quattro that debuted 33 years ago. It was a lightweight, elemental car with a honest-to-god 6-speed manual gearbox and a turbocharged 2.5L 5-cylinder engine making 408 horsepower while weighing just under 2,900 lbs. Three years later, the Sport Quattro concept picks up the mantle, and things have changed for the worse.
Post-bankruptcy Chrysler’s product plans have had more episodic changes than the Star Wars franchise, and Automotive News has the latest dirt on what’s going on at Auburn Hills.
The departure of Carlos Tavares is barely 24 hours old, but we’re already getting reports of the genesis of Tavares’ exit, which was only partially brought about by his public courting of North American OEMs.
Datsun’s first product, the GO subcompact, has yet to go on sale in its first market, but Datsun is already looking elsewhere to expand its offerings beyond the initial four markets of India, Indonesia, Russia and South Africa.
Calling out one’s prediction for Mitsubishi’s demise is an easy activity that requires one to put little at stake. With a stale product lineup, sagging sales and nothing on the horizon save for a B-Segment hatchback, Mitsubishi’s future looks bleak. But that’s not the main reason why I am pessimistic about the brand’s future in America.
Mercedes-Benz, BMW and Audi are doing it, so why not Infiniti? The Q30 concept, shown here, previews a front-drive compact luxury car that will likely share its underpinnings with the Mercedes-Benz CLA. The Q30 will make its debut at the Frankfurt Auto Show, while a production version will be built at Nissan’s facility in the UK that also builds the Juke and Qashqai. A European-centric product, the Q30 is reportedly not slated for North American sales or production.
A surprise announcement from Renault early this morning, with the firm announcing the departure of COO Carlos Tavares. According to Renault, his departure is effective immediately, with the Wall Street Journal reporting that his resignation comes as a result of a “negotiated agreement”. Weeks ago, Tavares mentioned that he felt it unlikely that he’d ever assume the top spot at Renault, suggesting that he could be CEO of Ford or GM instead.















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