Road and Track has exciting new photoconcepts of the anxiously awaited Porsche Pajun. They purchased said illustrations from our friend Chris Doane, so we won’t steal them and reprint ’em here. Check it out! Insightful comments from R&T on this wonderful new entry-level-luxury sedan from the well-respected full-line German automaker: “The car will have a V-6, not a flat-6″ and ” As long as vehicles like these help fund even better future 911s and Caymans, we’re all for them.” Sounds good!
With 25 percent of its manufacturing capabilities in Canada, Chrysler would be hardest hit in the event of a strike by the Canadian Auto Workers union.
Jaguar’s Castle Bromwich plant is going on a recruitment drive to add 1,100 jobs, as the plant prepares to produce the F-Type sports car and the holy grail of automotive-dom…the XF Sportbrake diesel!
Today’s Chart comes from finance blog Zero Hedge, which has taken a periodic interest in General Motors channel stuffing endeavors. While we don’t normally report on stock prices here at TTAC, this one is worth mentioning.
GM may not be announcing expanded production at Oshawa, but a few hundred miles down the 401, Toyota is ramping up production of the Lexus RX at their Cambridge, Ontario plant.
The closing of the Oshawa Consolidated Line supposedly had GM in the bailout doghouse – the company was supposed to maintain a certain level of production in Canada according to the terms of their bailout package. As far as we know, GM hasn’t replenished that yet, but they are throwing the Canadian federal and Ontario governments a bone by investing an undisclosed nine-figure sum into R&D at Oshawa.
Canadians have some of the highest household debt levels in the world, thanks to cheap mortgages and home equity credit lines. And car loans are next.
While all eyes are on GM’s hemorrhaging Opel, Ford is said to be even more affected by the European contagion. Ford could have to close at least one plant in Europe, analysts say, with Southampton, England, and Genk, Belgium, in the cross-hairs. Read More >
Ford last closed a plant in Europe a decade ago, when its Dagenham assembly plant was shuttered, but the Blue Oval may be forced to do it again.
Isuzu is joining the “let’s flee Japan and the rising yen” bandwagon, and their latest venture involves assembling export-bound trucks in Saudi Arabia.
As dismissive as I tend to be of the internet product-planning brigade, their constant cries of “Bring rear-drive, V8 full-size Aussie sedans to America” may have some credibility – the market for these cars in Australia seems to be going teats up, with SUVs and small cars taking their place.
Honda is shifting production of the Civic Hybrid out of Japan and over to the United States, as part of a plan to boost their Indiana assembly plant.
Former Wall Street banker turned GM CFO Dan Ammann put the fear of a higher being into Reuters’ Detroit correspondent Ben Klayman. To drive home the point that bean counters can be car guys too, Ammann raced his gray-metallic Corvette Z06 around GM’s Michigan test track – with a nauseated Klayman in the passenger’s seat. Read More >
For 2013, America’s cheapest car will get another bit of unloved technology to go along with its continuously variable transmission.
The sun may shine bright upon my old Kentucky home, but that doesn’t mean things here can’t always be good. In the case of Ford, it’s not so good right now for the automaker’s efforts in Louisville.
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