India is supposed to be the world’s next growth market. For one company, this is already more than true: For Japan’s Suzuki. The Maruti Suzuki joint venture owns more than 50 percent of India’s market. And soon, Suzuki will build more cars in India than back home in Japan. Read More >
Taiwan’s Premier Wu Den-proudly announced that a senior executive of Volkswagen met with him last week for a second time on the company’s plans to set up a plant in Taiwan. A little later, Wu Den Said that not one but several foreign carmakers have expressed interest in setting up factories in Taiwan. Why the sudden interest in the tiny island? Read More >
It’s classic tale from the convoluted and mysterious world of the global supply chain. Crain’s Business [via Automotive News [sub]] explains how GM was forced to recall heated windshield washers not once, but twice. And we take a look at why GM took the extraordinary measure of blaming customers and GM technicians for “misdiagnosing” the problem, a strategy that makes for an interesting counterpoint to the recent Toyota recall hoopla. After all, like Toyota’s pedal problems, GM’s heated windshield washer woes are rooted in a complicated relationship with one of its suppliers… and one of its regulators.
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Hyundai’s been getting a bit of flack for a version of this advertisement, which some say makes a mockery of the Catholic faith. Frankly, we think the ad after the jump (which may or may not be real) is simultaneously more blasphemous and funnier. Do you agree?
[The top ad is not the most allegedly anti-Catholic version, apparently. We will post the more offensive version as soon as it shows up, naturally]
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In the midst of a nearly 3,000 word InsideLine treatise on the forthcoming Equus and Hyundai’s upmarket intentions in general, Hyundai’s USA boss John Krafcik reveals that the car pictured above very nearly became the Hyundai Genesis. No, really.
There was a lot of internal debate on design direction for Genesis. We used a European design house as an early consultant, and its proposals informed the core design elements of the first approved exterior model, which got as far as the tooling stage. In our industry, when you’ve built tools to stamp the exterior sheet metal, you’ve committed millions of dollars, and so you’re pretty much committed at that stage to bring that design to market. But in the end, we weren’t happy with the design. So we made the right decision (albeit a difficult and expensive one) to redo the exterior with a cleaner, more athletic and more enduring design, homegrown from our own design studio.
I got one word for you Krafcik: ballsy.
Not being a regular trackday driver, my recent tryst with a Porsche Cayman S didn’t leave me wishing Porsche would make their own Turbo version. I may be putting my auto-writer-posturing credentials on the line by typing this, but on real roads patrolled by real police officers, 320 hp is plenty, thanks. Besides, everyone knows that Porsche will never allow its crocodilian coupe outshine its older (and more profitable) brother, the 911. But, according to forum postings from someone claiming to have attended Porsche’s recent general sales meeting [via Pistonheads], Zuffenhausen will let the Cayman get a little bit closer to its true potential with a lightweight version due out in the US next Spring. Read More >
Jack Baruth’s favorite car (he was pretty much alone with that affliction) is coming back stateside: The Phaeton, Volkswagen’s hand-built ueber-mobil. Not a rumor. Volkswagen CEO Martin Winterkorn said it to the Freie Presse in Chemnitz. A VW spokesperson in Dresden, where the Phaeton is handcrafted , said there is no exact timing. Read More >
It’s all speculation until we get official pricing from VW of North America, but according to Autoblog, the new Jetta will be priced starting “around $16,000” when it shows up stateside this October. With Chevy’s Cruze starting at $16,995, we face an interesting prospect: VW’s entry sedan might well be cheaper than Chevrolet’s. Of course the base Jetta will continue to be saddled with its predecessor’s agricultural 2.5 liter, but the Cruze’s base 1.8 hasn’t exactly earned many accolades either. Of course the base Cruze comes with a goodly amount of equipment, but it’s got an uphill fight on its hands if the more desirably-branded Jetta pips it on pure price point.
Perry writes in:
I’m giving my son a used car for his college graduation present. What models and years would you recommend in a car that is big enough to carry a stringed bass (the musical instrument -not a fish!), is very safe, reliable, gets good gas mileage, costs $5k-$7k. Thank you for your suggestions!
The AP [via Google] reports that Tesla has revised its IPO offering to $14 to $16 per share, for a total capital raising of up to $185m. The WSJ [sub] estimates the IPO’s take at $178m. Previously Tesla had valued its offering at $100m. This revision is not inconsequential: the offering is now valued higher than Tesla’s cumulative revenue since 2003, which now stands at $147.6m. The company has lost nearly $300m since 2003, and will continue to lose money until the Model S sedan starts selling. Especially with $100m-$125m in capital expenditures planned for this year. GM’ it seems, won’t be the only auto firm sweating an IPO this year.
Five years ago ‘financing’ was like a cuss word to me. I had spent the prior two years traveling around the country for an auto finance company liquidating 10,000+ repos annually. Seeing repossessed Ford Rangers with $600+ monthly payments and Kias given to anyone with a pulse made me very wary of that world. I stuck with cash cars and made a great worry free living doing that. That was until October 2008 when the cash customer literally disappeared from my landscape.
A bipartisan effort to overturn a controversial Ohio Supreme Court ruling garnered the support of twelve of the state Senate’s thirty-three members in just four days. Senators Tim Grendell (R-Chesterland) and Capri S. Cafaro (D-Hubbard) jointly introduced legislation on Thursday that would forbid police from issuing speeding tickets based solely on the officer’s best speed guess.
Batten hatches! Europe is on an emergency dive. According to data just released by the ACEA, sales in May dropped by 9.3 percent compared to May 2009. Our Ford canary in the EU coal mine was right again: May numbers were worse than April numbers. In April, the EU market had been down 7.4 percent. But that’s not the worst part. Read More >
Japan appears to be serious about EVs. Evidence: Japan’s increased focus on chargers. The hard part of EVs is not to build them. The tough issue is where to charge them. And how quickly. Whether you live in Manhattan or Tokyo: As a city dweller, you hardly can put a charging station on the street or into the underground parking garage. The average suburbanite in Tokyo already has a hard time just finding a parking space (proof required if you want to buy a car). A charging station? What charging station? So the Japanese are busy building them. No wonder: 67 percent of the Japanese live in cities. (In the U.S.A. it’s even more: 82 percent.) Who’s leading the charge for chargers? Read More >
OSB. “Other Sports Beckon”. It’s what Skip Barber instructors reportedly used to write on the report cards of utterly feckless driving students. While the phrase may be long gone, the attitude persists among the instructing community that some people just shouldn’t be in the car. I often hear instructors at various events talking about just how horrible/dangerous/contemptible their students are. That’s not right. We are supposed to be coaching the driver to his or her best possible performance, not humiliating them by listing their flaws.
With that said, some drivers present an active danger to themselves, and to their instructors, on the racetrack. I’ve come up with a few guidelines to keep you, the reader, from becoming one of those people, should you decide to give this open-track business a whirl.
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