Japan’s auto industry is slowly putting its toes back into the Iraqi quicksand. Their stalking horse is Sumitomo, which established the first office of a Japanese company in Iraq since the U.S.-led invasion of 2003, The Nikkei [sub] reports. The office is in the business center at Baghdad’s international airport, surrounded by American military facilities. They’ll build the world’s most heavily guarded workshop. Read More >
Even in the darkest days of double nickel, the U.S. of A. had been Porsche’s largest market. In Zuffenhausen, they had tried to get to the bottom of a phenomenon that defied German logic: Why buy a Porsche if you can only crawl along at 55 mph? Ever so thankful for the unexpected sales, Porsche abandoned the search for the unknown.
Now, Porsche is looking eastwards for growth. Read More >
Talk about unfortunate timing of a product launch: Just as Google is getting ready to pack up and leave China, SAIC is making last preparations to launch their Google Android powered homegrown luxo-barge Roewe 350 at Beijing’s Auto Show (April 25 -May 2, 2010, I’ll be there.) The Rover Roewe will be added to the growing list of Google Android-based devices just as the spat between Google and China is turning into a full-fledged brawl. Read More >
“If we lose that case, we will lose heavily” said Toyota in Delhi’s High Court. The judges had no sympathy for Toyota’s pleadings. Their decision might impact seriously on Toyota’s plans to market the Prius in 40 countries worldwide. As if Toyota doesn’t have enough problems with recalls and class action suits, now this: Read More >
The NYTimes reports that Norbert Reithofer, CEO of BMW AG, is thinking the unthinkable. Dr Reithofer said at a shareholders’ meeting in Munich: “We are exploring the possibility of developing a joint architecture for the front and four-wheel drive systems of these cars,” WHAT?! An FWD BMW? An act against nature. Say it isn’t so! He didn’t. Read More >
Peter Schiff (the man who saw the financial meltdown coming from a mile away) continually asserts that financial stimulus isn’t cure, it prolongs or postpones the problem. Any hardcore free capitalist will find it hard to disagree with Mr Schiff. There is no governmental stimulus such as in Europe. There is plenty of stimulus from the car makers.
March sales for the United States are forecast to explode according to ecreditdaily. They report that JD Power & Associates forecast that new vehicle retail sales going to increase 25 percent. New vehicle sales for the month of March 2010 are expected to be around 883,300 units. The majority of the growth is expected to come from a certain manufacturer who’s been in the media for other reasons. Our own Darth Niedermeyer, saw this coming. Read More >
Palin To Toyota: Just Resign From Making Cars
Former Alaska Governer Sarah Palin has a message for Toyota: “The best thing they can do at this point is resign from manufacturing cars,” she said in a statement posted on her refrigerator. These statements were later echoed in a speech.
“If there’s anything I’ve learned,” Palin told a crowd of supporters outside Phil’s House of Taxidermy in Bozeman, Montana, “It’s that you should always quit to focus on your family and serving people better.”
When asked how this might apply to Toyota’s situation, Palin responded “Toyota and me have a lot in common. We both have mentally challenged offspring. If I were them, golly I’d quit making cars because the establishment is too much of a mess. But they can tell supporters that they will continue to fight the good fight of making cars.”
Toyota has been plagued by quality scandals over the past several months, marked with congressional hearing and a tremendous recall. This past week several Priuses became self aware and tried to commit suicide, taking attempting to take their drivers with them.
Bob Lutz and Bob Eaton bask in the glow of niche appeal, circa 1997 [via The NY Times‘ eulogy for Bob Lutz]. But don’t put MaxBob in a box:
“People who characterize me as a mindless muscle-car, cubic-inches fanatic don’t know my background,” he said. “I’ve always had a great fondness for relatively small and underpowered cars,” citing the 1981 Ford Cockpit, a Ghia-bodied three-wheel concept car that topped 75 m.p.g.; the European version of the Ford Escort; and the inexpensive Pontiac Solstice roadster.
“Leading San Francisco product liability attorney, Mary Alexander states if you or a loved one has been injured or killed due to stuck accelerator pedals, break issues, or steering problems prompted by a defective Toyota vehicle, you may have a product liability claim that would entitle you to compensation for your injuries and damages.”
This morning, Beijing woke up in a massive yellow cloud. Motorists found their cars covered by thick layers of yellow grit. Air filters were quickly overwhelmed. What happened? Read More >
Lavish cash on the hood of Japanese cars may help their U.S. sales (or soften the fall in Toyota’s case). The largess also “will put pressure on earnings,” says The Nikkei [sub].
Toyota, Nissan, Honda raised sales incentives in February to an average of 2,221 dollars per vehicle, up 11 percent from January. Read More >
PSA, Europe’s second largest car maker after Volkswagen (14.9 percent and 20.8 percent market share respectively in February 2010, as per ACEA) considers changing their name, says Bloomberg. There are several choices on the table, the front-runner appears to be … Read More >
Creativity means to explore new avenues of expression. In the thirties, forties and fifties, old cars were the clay that inspired new forms of creativity for the hot rodders and customizers. By its nature, creative expression was always changing, and 1953’s hot ticket was stale bread by 1958. The sixties were the blowout, led by crazies like Ed Roth. But by the seventies or so, the truly creative period was over, and it soon became a big-bucks business dominated by the Chip Fooses of the world. Glitzy eye candy, but don’t try this at home kiddies! No wonder there was a revival of rat rods, and the art car scene blossomed. Younger and/or artistic folks have always needed to test the sensibilities of the establishment, so if the goading words on this bumper have done their thing, and this turns you off, it’s been a roaring success. Read More >
The DOT policy is to incorporate safe and convenient walking and bicycling facilities into transportation projects. Every transportation agency, including DOT, has the responsibility to improve conditions and opportunities for walking and bicycling and to integrate walking and bicycling into their transportation systems. Because of the numerous individual and community benefits that walking and bicycling provide — including health, safety, environmental, transportation, and quality of life — transportation agencies are encouraged to go beyond minimum standards to provide safe and convenient facilities for these modes.
Having spent most of his tenure chiding distracted drivers and hunting down demon-possessed Toyotas, Transportation Secretary Ray LaHood appears to be over the whole car thing. The policy statement above was just one element of his push to put bicycling and other car alternatives on an equal footing to cars in transportation planning, which he recently announced at the National Bike Summit.
If we have something to be talking about positively with Hummer, believe me we’d be talking about it
GM International’s Tim Lee in the WSJ, commenting on earlier rumors that post-Tengzhong offers for HUMMER were being entertained.
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