A group of 41 Saab U.S. dealers today petitioned a U.S. Bankruptcy Court to put Saab Cars North America into involuntary Chapter 11 bankruptcy protection, Automotive News [sub] reports. Last Friday, the dealers had threatened to file a Chapter 7 for involuntary liquidation, but changed their minds. Leonard Bellavia, a lawyer representing most of Saab’s U.S. dealers, explains: Read More >
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When the March 11 tsunami hit, observers thought that of Japan’s major automakers, Honda would be the least exposed. Most of its global production already is outside of Japan. Very few cars that are produced in Japan are exported. Toyota and Nissan looked much more vulnerable. Distrust predictions: Today, Honda presented the results for the last quarter of 2011. The numbers look uglier than the cars in the video. Read More >
“Chrysler Group has elevated the art of the striptease to a new level with the release of its first official image of the next-generation SRT Viper,” claims Automotive News [sub] . Not just the art of the striptease. Also the fine art practiced by the bar maiden who purrs into your pricked ear: “If you come here more often, then maybe …” Read More >
It was the early 2010, the Toyota witch hunt was in full swing. While Toyota executives were burnt at the stake grilled on the Hill, Denso’s U.S. offices were raided by the FBI. Denso is a major automotive parts supplier, and a member of the Toyota family. The raid was part of an on-going investigation into alleged anti-trust violations. Or so they said.
After the NHTSA, NASA and the National Academy of Sciences could not find a ghost in the machine, the Department of Justice also cleared out its case file. For a fee. Read More >
An Egyptian sheikh has declared Chevrolet products “haram” (or forbidden, in Arabic) but the culprit this time isn’t the “Zionists”. It’s Christians.
Over the past few weeks, I have taken you on trips through The Entire World (yep!), France, Germany and Czech Republic. This week we fly over to the Sultanate of Oman…
Now if sand, rocks, blue sky and very sugary candy are not your thing, I don’t believe you – but hey that’s fine because I have prepared 159 additional countries for you to visit in my blog, so don’t be shy and click away!
Oman consumers have decided: they will only buy one brand of cars…
When Jack Baruth wrote a post about Chevy Sonics being recalled for missing brake pads, some readers thought that TTAC might be cherry picking the recall reports, perhaps because of some institutional prejudices around here. Jack pointed out that recalls are a fairly frequent thing whereas cars shipped without functioning brakes are hopefully a much rarer, and thus newsworthy occurrence. In another newsworthy event, the House Committee on Oversight and Government Reform called on NHTSA, the federal agency that handles things like car and truck recalls, to explain its actions in regard to how it investigated and reported the events surrounding the reported fire in a Chevy Volt that NHTSA had crash tested and flipped over.
Starting in March, the Chevrolet Volt will be eligible to use the HOV lane on California highways. The catch? You have to buy a new Volt to use the carpool lane.
So you know everything about cars. What do you know about the monster car carriers that bring an imported car? As far as I am concerned, I knew nothing when I arrived this morning at Nissan’s dock in Oppama, where Japan’s second largest car company showed off a 2012 model car carrier, the Nichioh Maru. And would you believe that the blue and white monster is green? Read More >
With Audi offering an A4L in China, BMW naturally has to get in on the act. Now that a new, locally made 3-Series is debuting, BMW will offer a 335Li for customers who want to be driven, rather than drive the…erm…Ultimate Driving Machine.
One of the neighborhood characters growing up was “Toyota Van Man”, a middle-aged gentleman who drove a denim blue Toyota van. We never knew much about him, but assumed based on his vehicle choice that he was some kind of pederast. More likely, he was a hard working immigrant from Vietnam who lived on top of our local pizza joint and we were a group of overprivileged adolescent brats.
Suddenly, everybody is in a big hurry: On February 14, the Supervisory Board Volkswagen’s supervisory board will convene to hear plans to acquire the remaining stake of Porsche’s sports car business, Der Spiegel [sub] reports. The deal is supposed to happen in a tax-efficient manner. It also drives plaintiffs mad. Read More >
Cody writes:
Dear Sajeev and Steve,
I work as a research scientist, and currently we have a visiting scientist from South Africa working with us for six months. Normally visitors stay in university housing and are able to take the shuttle bus to our lab, but our current visitor is bringing her husband with her and staying in a house they found themselves. She should have about a 30 minute 20 mile drive to the lab and just looking for reliable transportation around a medium sized city, and maybe the occasional weekend sightseeing trip. She does already have a rental scheduled at the airport for the first week (probably an Impala), but for more long-term what type of newer car should she be looking for that will retain its value when she goes to sell it at the end of her stay, or would it be more reasonable to rent for six months? I will mention she drives a Land Cruiser most of the time in South Africa and seems to like it a lot.
New car sales in the U.S. had crashed from more than 17 million a year to below 10 million. It did not faze you. You buy used anyway. Let someone else eat the depreciation. Now the slump is catching up with you, and you will pay through your nose. Read More >
According to TTAC’s North Korean correspondent, “Mercedes of various models and age serve as the premium mode of transport for the rich and powerful.” China had to do something. And do they did. A Japanese car (of sorts) competes with German iron in the North Korean motor pool. Read More >
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