Keeping a nervous eye on oil prices? Curious how each increase in the price per barrel translates into price at the pump, and what impact that actually has on consumers? Zerohedge comes through with this handy primer on the real-world consequences of each increase in the price of oil. And what, pray tell, does the “Nomura” note scrawled over the $220/barrel price refer to? Why, the prediction by Nomura Investment Bank analyst Michael Lo, that if Libya and Algeria stop oil production due to unrest, the price of crude will hit $220/barrel. Are you ready to start spending an extra ten percent of your household income on gas?
In an extended interview with Reuters, Nissan-Renault CEO Carlos Ghosn talks about the balancing act of leading two global automakers while maintaining their unique identities, a balance Ghosn says he wants to try to preserve even as the alliance looks to restructure its capital. Renault’s 44.3% stake in Nissan has caused some trouble with financial analysts because, as Ghosn puts it,
we are challenged (by financial markets) over how much capital we have imprisoned into the structure of the alliance. It’s a fair challenge. We are going to be studying and analyzing this with outsiders also, what are the ways to respond to these expectations from the financial markets without challenging the operating model which consists of keeping the two companies vibrant, motivated, engaged and keeping their identities
Does that mean a full merger? A new corporate structure? Where is Ghosn looking for answers as he attempts to give the markets what they want while maintaining the delicate balance between the needs of his two firms?
Opel green lighted their new convertible. It is based on the current Astra and will be built in their Polish plant in Gliwice , Automobilwoche [sub]. In Gliwice, the car can be built alongside of other Astra models. According to Opel, the car should go on sale in 2013.
Foundation for the new ragtop is Opel’s compact car architecture, which underpins the Astra, the Astra Sports Tourer and the future Astra GTC. The new convertible take te place of the Astra Twin Top with its foldable hard top.
Also scheduled for 2013: A new sub-subcompact. And a homegrown version for the Agila, which currently is a rebadged Suzuki. Volkswagen wants Suzuki for itself.
Auto Motor und Sport calls the new Opel Zafira Touring Concept an “Oasis,” but could it be the “Baby Enclave” that’s been rumored for some time? The short answer is “no,” as the next Buick MPV will be a full class smaller than this Opel Astra-based compact 7-seater, based on the next Aveo platform and boasting suicide doors. But with gas prices rising, and CAFE standards possibly headed towards 60+ MPG, there’s certainly a chance that the next-gen Zafira could eventually end up in the US with Buick badges.
A peer-reviewed article published Wednesday in the Florida Public Health Review elaborated on a previous analysis of methods used in certain red light camera studies. University of South Florida (USF) researchers Barbara Langland-Orban, Etienne E. Pracht and John T. Large returned to clarify certain points raised in response to their 2008 report that concluded red light cameras tended to increase injury accidents (view study).
“In our original critique, we faulted the research methods used in the Federal Highway Administration’s (FHWA) analysis titled Safety Evaluation of Red-Light Cameras,” the USF report stated. “One FHWA official subsequently contacted us to point out that we overlooked an important finding: fatal crashes at red light camera sites had increased, yet were ignored in the related economic analysis.”
I’ve already got a custom-van project and a basket-case Toyota 20R-powered Sprite project, but what I really want is a genuine, red-flag-waving Warsaw Pact machine to cruise around Denver. I don’t mean any Lada, either— it’s got to be a genuine, designed-and-built-in-the-USSR car, not a Fiat clone! Fortunately, I have a car-freak friend in the Czech Republic who can get such a machine into a shipping container in Bremerhaven for a reasonable price, so all that would remain for me would be to negotiate the Kafkaesque maze of registering the thing in Colorado. How hard could it be? Read More >
Back in the late 50s, Wilhelm Karmann had the inside track in Wolfsburg. His Osnabrück company built the Beetle convertible and the Karmann Ghia (a.k.a. “Typ 14”) for Volkswagen. Rubbing shoulders with Volkswagen engineers and designers, Karmann knew early what others didn’t know: He knew the plans for the notchback VW 1500 “Typ 3”. Karmann shared the secret with the Ghia designers in Turin. Luigi Segre, head of the studio, could not control his excitement. Read More >
“Am I the only one,” one of my Twitter friends-I’ve-never-really-met wrote, “who looks at Gadaffi and sees Renee Zellweger in ten years?” I used to get Renee Zellweger and Joey Lauren Adams confused, at least until “Mallrats” when it was revealed that Ms. Adams was closer to Twiggy than Sophia Loren. Ms. Zellweger, on the other hand, had that fabulous scene in “Bridget Jones’ Diary” where she was “deliberately chunky”, possibly a size 8 instead of a 4.
Where was I? Oh yes. Ford’s announced that the EPA will certify the Focus SFE PowerShift at 40 highway MPG. That means that if you are looking for an automatic-transmission car in this segment capable of hitting the magic mark, you now have two choices: this, and Hyundai’s Elantra.
Toyota Motor Corporation released global production, domestic sales and export results for January. Two words: Not good. While Toyota’s global peers can boast of surprising numbers for January, TMC’s worldwide production dropped by 3.9 percent across Toyota, Daihatsu and Hino. The Toyota brand has even less to show: Minus 4.7 percent. And this while the competition is busy dethroning the leader of the pack. Read More >
In 1900, Ferdinand Porsche, founding father of the present-day Dr. Ing. h.c. F. Porsche AG, Stuttgart, entered unchartered territory. With the first functional, full hybrid car in the world, the Semper Vivus (‘always alive’). the principle of the serial hybrid drive had been born.
In a stunning four year project the Porsche Museum in Stuttgart has had the Semper Vivus recreated. Next week, 111 years after this ground breaking innovation by Ferdinand Porsche, the Semper Vivus will again drive into the limelight at the Geneva Motor Show 2011 followed by future appearances as part of the Porsche Museum collection in Stuttgart.
The Detroit News reports that top White House economic adviser Austan Goolsby indicated today that the government would be exiting its equity position in GM in the short term. The DetN’s David Shepardson quotes Goolsby as saying
The writing is clearly on the wall that the government is getting out of the GM position. The government never wanted to be in the business of being majority shareholder of GM. It was only to prevent a wider spillover, negative event on the economy. So we’re trying to get out of that. We’re not trying to be Warren Buffet and figure out what the market is doing
And he’s not kidding: GM’s stock just closed at its lowest level since the IPO, after GM’s Q4 results came in below analyst expectations and the overall market experienced turmoil due to Middle East unrest.
For most Americans, the appeal of electric vehicles is somewhat blunted by the fact that they tend to be small, European-style hatchbacks rather than large, red-blooded “American-style” sedans. But what if large, rear-drive electric sedans were developed, using battery-swap technology that could allow battery-leasing business models and instant range-extension? Might Americans rethink a few of their long-held stereotypes about EVs?
Well, the United States isn’t the only nation facing this dilemma, and unlike the US, Australia is actually doing something about it. Australian automotive suppliers, Air International, Bosch, Continental and Futuris, have teamed up with Project Better Place to develop seven “proof of concept” Holden Commodore-based rear-drive electric sedans that could be the first of their kind [press release here in PDF] in a joint venture called EV Engineering. The project is part of Australia’s effort to revamp its automotive industry by 2020.
Sales of Hyundai’s Sonata Hybrid may have begun already, but deliveries are delayed as new regulations were ordered just as Hyundai’s first hybrid was going to market. In January, President Obama followed up on a months-long effort by the National Federation of the Blind to require full-time audible warnings for electric-drive vehicles, and signed legislation directing the DOT to
study and report to Congress on the minimum level of sound that is necessary to be emitted from a motor vehicle, or some other method, to alert blind and other pedestrians of the presence of operating motor vehicles while traveling.
According to GreenCarReports.com, the possibility of these changes required a last-minute modifications to the Sonata Hybrid, in order to remove the option of disabling the Hybrid’s “virtual engine noise” in case that feature fell foul of the new regulations. The Sonata Hybrid had been developed to have the sound-disabling function, so the last-minute modification
required changes to the wiring harness, the user-interface software, and even the Owner’s Manual, which had already been finalized.
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