Despite intensive examination of more than 2,000 vehicles, Toyota could not find a ghost in their machines. This is what James Lentz, Toyota’s U.S. sales chief will tell a House of Representatives panel today, if Bloomberg is not mistaken. Read More >
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Worried about SUVs becoming an endangered species? Don’t dare to drive your Expedition or Escalade out of fear of being stigmatized by the neighbors? Come to China! China’s auto boom is overshadowed by a much bigger boom: The explosion of the SUV market. Read More >
Demonstrations in Bangkok have been put down with a brutality not expected from the Land of Smiles. The stock exchange is on fire. Thailand instated a news and power blackout, making the number of killed and wounded hard to assess. Japanese car makers have long been invested in Thailand. Now, they are worried about long-term implications. Read More >
The Euro and the UK Pound go into a tailspin. Greece requires a bailout. Spain & Portugal could be next on the default list. The economy is in tatters. The car market is shrinking. The government announces spending cuts, on top of people’s reluctance to spend. On this dire backdrop, does it surprise you that workers at the Vauxhall plants (they’re actually Opel plants re-badged “Vauxhall”) have chosen to accept a pay freeze in return for job security? The Times of the UK reports that the 3200+ workers located in the UK are close to agreeing to a 2 year pay freeze. Union officials in the UK believe that the pay freeze is an acceptable hit to take in return for job security. They also believe that when it comes to the union vote, it will be passed through with little complaints. There is of course one slight flaw in the plan…. Read More >
A few years ago, if I had told you that there would be a production car available with 1000 horses, you’d have probably said “Get lost, Cammy!” Well, in this age of electric cars, hybrids, clean diesels and climate change (it’s a crock of what, Mr Lutz?), what if I were to tell you that there is a production car with 1200 hp on the horizon? What would you say, then? Hold the straight-jacket … Read More >
It was just this guy that thought that this was how you got something to Toyota’s research and develop office
Sgt. K.S. Dickson of the Winfield (West Virginia) State Police detachment had wvgazette.com by way of explaining the recent bomb scares at four of Toyota’s US facilities. Apparently the suspicious packages were sent by a Nigerian inventor trying to sell his turn signal design to Toyota. After one package was “disrupted” by a police bomb squad, it was discovered that
There were no explosives in the box, just relay switches, wiring and film canisters, in addition to a letter from the Nigerian man claiming to be an engineer
On the strength of Coda Automotive’s plan to launch a $45,000 EV conversion of a Chinese Hafei sedan, our coverage of the EV startup (formed from the ashes of Miles Electric Vehicles) has pretty much been limited to the conclusion that it “make the Volt look good.” And as the competition has moved forward, the venture isn’t looking any better by comparison. With news that Nissan will be able to manufacture its Leaf batteries for the low, low price of under $400 per kWh (if all goes to plan, anyway) rocking the EV community, Coda’s proposition of asking $45,000 for a 33.8 kWh lithium-ion battery with a Chinese compact sedan attached to it has not aged well (conservatively assuming the Hafei costs $15k, that still breaks out to nearly $900 per battery kWh, as crude as the comparison may be). But don’t let a little common sense worry you about Coda’s future: according to a company press release [via PRNewswire] the firm just scored a cool $58m in an oversubscribed fundraising round that leaves it with over $125 in total investments.
When the music finally stopped at Old GM, the UAW’s VEBA fund was left holding a lot of IOUs. On those merits, the union’s benefit trust was given about 17.5 percent of the equity in the bailed-out and re-organized New GM. UAW leadership has always maintained that having its membership’s benefits staked on the company’s financial performance would not change its mission, and that VEBA’s representative on GM’s board, Steve Girsky, would operate free from union influence. And one hopes he would, considering he’s being paid well to advise CEO Ed Whitacre. But the tension between GM’s IPO sprint and the UAW’s non-VEBA interests never goes away, and the Wall Street Journal [sub] is reporting that the latest spat is over the old hobbyhorse of buyouts.
As reported earlier, Fiat’s new baby is quickly becoming Brazilians’ new darling. But that was perception. Now cold hard numbers are coming in, and believe it or not, the new Uno is being adopted at record rates. Widely-read Brazilian car site Webmotors cites numbers of the Brazilian Motor Vehicles Distribution Federation Fenabrave. According to the official count, the new Uno, launched but a week ago, is already creating havoc with Brazilian car sales rankings. Read More >
Long rumored to be arriving, the Chevy Malibu has now, finally, arrived! It is yet another car to be mused over by import crazed Brazilians. It comes in LTZ guise with a 2.4L gasoline-only engine that’s good for 171 ponies. It comes mated to a 6-speed automatic transmission that allows manual shifting. And it’s loaded to the gills (at least by Brazilian standards) with 6 airbags, ABS, stability control, automatic A/C, and even (by gosh!) electrically-adjusted and heated seats, remote start key, 18 inch aluminum wheels and, last but not least, an audio system with CD and MP3 with 8 speakers (according to Bestcars). All of this for a princely 89,000 Brazilian reais or $49,900 (at 1.8 real to the dollar).
No, I won’t go there this time, but, but (sadly, there always seems to be a but or two)… Read More >
Luke writes:
Sajeev, I was hoping you’d have an answer to my unusual problem and post my letter so I may get some feedback from the brilliant people who visit your website. I bought a 2004 GTO (automatic) back in September ’09. It’s in beautiful condition, yet has an unusual plight. Here goes:
Workers in an Indiana post office were forced to evacuate their workplace yesterday, when the fourth “hoax bomb” targeting Toyota’s US facilities in the last week was discovered there. The AP [via Google] reports that the latest package was addressed to Toyota Motor Manufacturing Indiana in Princeton, IN and according to Toyota spokesfolks, it is
similar to other suspicious packages mailed to our corporate office in Erlanger, Kentucky, on Friday and our West Virginia and Texas plants on Monday. All of these packages were found to be non-threatening
All four packages bore handwritten originating addresses in Nigeria, and contained devices described in the latest instance as a cardboard tube containing electronic components. Auto industry PR guys, you have a new worst-case scenario…
Police can pull over a car that has committed no traffic violation based solely on vague accusations made in a 911 call, the Utah Supreme Court ruled Friday. The court considered the case of Jose Baltarcar Roybal whose live-in girlfriend, Annalee McCaine, called 911 after the pair had a fight August 8, 2005.
When I did my first copywriting jobs for Volkswagen in 1973, I heard to my great amazement that the Passat wasn’t designed in Wolfsburg. It was designed in Turin (“Isn’t that where Fiat is?” “Don’t ask stupid questions, Schmitt”) by someone called Giorgetto Giugiaro. Lo and behold, the Golf thereafter looked a little bit like the Fiat 128, but nobody cared. Volkswagen and Giugiaro‘s Italdesign worked together ever since. Now Volkswagen will buy a controlling stake in Italdesign, if industry sources who whispered it to Automotive News[sub] are not totally mistaken. If the deal happens (and an announcement could come next week), Volkswagen will formalize old friendships. Read More >
You are probably going batty awaiting the American arrival of the all electric Made in China BYD e6. Fret no more: It’s coming! BYD will start selling the plug-in e6 in the U.S. “in 2010,” writes People’s Daily. The price? “Around 40,000 U.S. dollars.” Read More >
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