You may not know that Cammy is a Chemist by trade. With a degree at college and university. If you bug me, I know enough to blow you up. That aside, in chemistry, there is a theory called “Le Chatelier’s Principle”. It states that:
“If a chemical system at equilibrium experiences a change inconcentration,temperature,volume, or partial pressure, then the equilibrium shifts to counteract the imposed change and a new equilibrium is established.”
Now why am I telling you this?
The BBC reports that Daimler is deserting Iran. Read More >
Voters in California’s tenth largest city will have an opportunity to ban red light cameras in November. On Tuesday, the Anaheim City Council unanimously endorsed the idea of placing a charter amendment on the ballot that, if approved by the public, would ensure that automated ticketing machines never appear on city streets. Mayor Curt Pringle, a former speaker of the California State Assembly, offered the measure even though his city has never used cameras.
Dr. Z. is glad that yesterday’s annual stockholders meeting in Berlin is behind him. To fend of criticism, Zetsche had to set ambitious goals: Daimler’s sales will grow twice as fast as the industry average. Good luck with that. Read More >
More and more Americans have recently detected that they have a rich uncle in Japan. The uncle’s name is Toyota. From LaHood to a bevy of lawyers, all have a yen for Toyota’s money. Latest (but surely not last) to join the fray: State Farm. You know, that same insurance company that had disclosed all those claims to NHTSA and never received an answer. They went public with the story a few days before the congressional hearings. Now we know why: Like a good neighbor, State Farms wants its money back.
“Armed with reports of accidents for which they’ve already paid claims, State Farm insurance has asked Toyota to repay them for any crashes related to unintended acceleration by its vehicles,” reports USA Today. The request for a little Farm Aid is just the beginning.
Other insurance companies are expected to – make that will follow and ask for money. In the trade, this is called “subrogation.” No, it’s not a kinky sex practice. Read More >
Long time regular TTAC reader/contributor Chuck Goolsbee wins his second VW CC Clue. He nabbed the ’75 Rabbit, and now the Bus/Kombi. I guess it takes a lifelong VW driver to know one when he sees one. Congratulations. I don’t think I’ll be giving away too much to say that if Chuck is the VW master guesser, he may come up short with this one. Lots of luck!
[Update: it’s a hard one, so I’ll throw you a bone to at least keep focused: it was built in Michigan]
With weeks of recall coverage and with Lexus’s GX460 snagging a rare Consumer Reports “do not buy” warning, you’d think that at least one of CR’s recent “worst-made cars on the road” [via Forbes] would be made by Toyota. But you’d be wrong. Dodge Nitro, Jeep Wrangler, and Ford F-250 join four GM products (Cadillac Escalade, Chevy Aveo, Chevy Colorado and GMC Canyon) as the seven worst cars CR could come up with. And though this hometown sweep for Detroit goes a long way from separating facts from fiction, it’s nowhere near as instructive as the responses from each of the Detroit automakers to the charge of making crap vehicles. Let’s take a look, shall we? Read More >
According to the latest Rasmussen telephone polling [via The Financial], 48 percent of Americans believe that the government’s ownership stake in GM and Chrysler means it has a conflict of interest in regulating competing automakers. 25 percent disagree, saying that the government’s bailout doesn’t affect regulation, and another 26 percent aren’t sure. When it comes to recent criticism of Toyota by administration officials like Transportation Secretary Ray LaHood, only 25 percent believe the criticism stems from a desire to help GM, while 38 percent disagree and 37 percent aren’t sure. But the polls most interesting results have nothing to do with politics, and everything to do with perception:
Despite Toyota’s major safety recalls, owners of its cars are still more loyal than those who drive cars made by the bailed-out GM. Sixty-four percent (64%) of Americans who currently own a Toyota say they are at least somewhat likely to buy their next car from the troubled automaker, compared to 57% of GM drivers who say they are at least somewhat likely to buy their next car from GM.
HUMMER fans have a new champion in Illinois Senator Roland Burris, who has agreed to investigate GM’s shutdown of the SUV brand according to Hummerguy.net. Attempts to keep the HUMMER brand alive are being fielded by Capital & Labor International Coalition, a recently-founded fund management firm created by Thane Ritchie, founder of Ritchie Capital Management, as well as failed HUMMER bidder Raser Technologies and The Electric Motor Corporation. According to Hummerguy,
CLIC is hoping for an “acquisition by coalition,” which would involve cooperation with private capital and U.A.W. resources. Union representatives from both HUMMER production facilities were on hand to hear the plan and are running the idea up the chain of command to the International U.A.W..
Don’t ask Chairman/CEO Ed Whitacre. His only comments so far on GM’s Q1 2010 performance comes from a memo leaked to Reuters, in which he says:
In January, I said we could earn a profit in 2010, if everything falls into place. Our first quarter financial results will show us an important milestone, and I’m pleased to say that I anticipate solid operating results when we report our first quarter financials in May
“Important milestones”? “Solid operating results?” What the hell is Whitacre trying to say? Read More >
Thanks to its rev-happy rotary engine’s inability to pass the Euro-5 emissions standard, the Mazda RX-8 will be pulled from the European market, reports Auto Motor & Sport Sweden [via Google Translate]. A rotary-engined replacement will not arrive before the year 2013, as development of the unique engine is both costly and time-consuming. Like any good car with an environmental problem, the RX-8 is receiving a few tentative test upgrades. An E85 version is being raced at the Targa Tasmania, but likely won’t ever be available for sale. Meanwhile, Mazda’s RX-8 rehabilitation efforts likely come down to making a long-rumored hydrogen rotary engine version production-ready. And with nothing planned before 2013, it’s looking like Europe will have to do without the uniquely rev-happy, hard-handling, performance bargain that is the RX-8 for some time.
Long time readers of this series know I’m a big fan of modifications to achieve a vehicle’s maximum potential. And there’s no better example than a switch to GM’s now legendary LSX small block V8. To prove the point, I saw an LS6 powered, 1980s vintage, Porsche 911 partnered with a LS1 powered 914 at the 2005 Houston Autorama. Lo and behold, that 911-LS6 arrived at a recent Sunday morning cruise-in. So I got to touch it. And then it started up for me. It was Epic.
Remember the Geely GE, the poster child for Chinese auto styling theft? It’s been updated for the upcoming Beijing Auto Show, and trust us, it doesn’t look like a Rolls-Royce copy anymore…
GM’s newest board member, UCLA Psychology faculty member Cynthia Telles, and her husband, former California Assembly Speaker Robert Hertzberg, addressing the 2000 Democratic convention. Telles has served on the boards of Kaiser Foundation Health Plan and Burlington Northern Santa Fe Railroad (where she served with GM Chairman/CEO Ed Whitacre), as well as several banks. She has no Auto Industry experience, but at least she knows Ed Whitacre and has strong ties to the Democratic party. Or, as Ed Whitacre puts it in GM’s official release:
The addition of Dr. Telles to GM’s board of directors ensures that the company will continue to benefit from a diversity of perspectives and experience in our mission to provide consumers with the world’s best vehicles
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