Chrysler is considering bringing a Fiat-engineered subcompact sedan from Serbia to North America under the Chrysler brand. The Chrysler brand product plan, unveiled in November, called for a Fiat-derived subcompact sedan to be imported in 2013. The vehicle would be built in Kragujevac, Serbia, where Serbian automaker Zastava Automobili once made the Yugo.
Chrysler? Fiat-engineered subcompact? The Yugo plant? C’mon Automotive News [sub]… April Fools was weeks ago. Besides, this seems too cruelly ironic to even properly be a joke. Remember, these little gags have to come from a place of love…
We’re right on the verge of having 12 million in vehicle sales
UAW boss Ron Gettelfinger waxes optimistic in a recent speech at Wayne State University [via The Freep]. “Not so fast,” says Automotive News [sub]’s delightfully cranky senior editor, John K. Teahen Jr., in a piece appropriately titled 12 million sales this year? Don’t hold your breath.
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 >
I know that they have to cut the car open to take the engine out. To make an engine in that configuration, you know, it doesn’t go around corners. When we did the race in Abu Dhabi, we beat it off the line so many times that the film crew was getting frustrated because the outcome was supposed to be for the Bugatti to win. So we had to do that whole thing about ten times before it managed to get off the line cleanly and catch us up. Because every time they dropped the clutch it bogged down and we were gone.
McLaren’s Ron Dennis lays into the Bugatti Veyron at the Middle East launch of his firm’s new MP4-12C [Arabian Business via Wired Autopia]. What Dennis leaves out is that the Bugatti has a (computerized, sequential-shift) automatic transmission, so it’s difficult to know what he means by “they dropped the clutch.” Besides, it sounds like the former Formula 1 boss is spewing bile, rather than objectively critiquing the Veyron… which there’s plenty of room for. Read More >
My first day back at the helm of TTAC has been accompanied by an embarrassment of riches, in the form of both a GAO report on GM and Chrysler’s pension obligations, and the release of GM’s first post-bankruptcy, GAAP-approved financial results. We will continue to mine these documents for the most revealing quotes and statistics, but for now let’s take a moment to consider the political tensions caused by the auto industry bailout. TTAC has long held that political conflicts over the government’s stewardship of GM and Chrysler is a pressing concern, nearly on par with the financial ramifications of the auto bailout, and today’s GAO report confirms our concerns. As the following quote reveals, Treasury is under constant pressure to accommodate political concerns over the management of its stakes in GM and Chrysler, and has received no fewer than 300 official letters from congressional representatives, eager to subordinate the long-term health of the bailed-out automakers to their local concerns.
As many of you have probably figured out by now, I’m a firm atheist. You die, you become worm food, and your relatives divide up your estate. Life goes on. However, when I was learning religious education at school, I was told about the many different Gods on offer. We have God, Allah, Buddha (not really a god, but you get the gist), Zeus, Apollo, Thor and loads of others. But at no point did my teacher mention a Japanese car company. Bob Lutz just did. Read More >
BMW has filed trademark registrations for a series of new car names. According to reports, the names registered include i1, i2, i3, i4, i5, i6, i7, i8, i9 and E1, E2, E3, E4, E5, E6, E7, E8, E9. The M50d, Urbanic, Gran Coupe, Compactive, and Compactive Tourer names were also filed.
The “First Drive” is one of the perennial stumbling blocks of automotive journalism. In return for exclusive access to the latest, most-hyped automobiles that everyone wants to get their hands on, outlets like Edmunds Inside Line are asked to swath their “First Drive” write-up in the most glowing terms possible. Or, as we’ve put it before, the price of an exclusive story is a straight face. Unfortunately the results of this kind of compromise are difficult to read with straight face. We’ve seen no better example of this than Inside Line’s recent “First Drive” of the Honda CR-Z, which yielded such unfortunate lines as:
The CR-Z is like a Tesla Roadster, but without the $109,000 price tag.
You know, besides having a different powertrain driving different wheels, a huge performance disparity, and, well, everything else.
“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.”
Even in the few months I’ve been here, I’ve been encouraged by the progress we’ve made, but when it will all come together is impossible to say… We’ll do it when we’re ready
GM’s CFO Chris Liddell talks IPO with Automotive News [sub], without apparently ever using the word IPO. Or saying anything that didn’t reek of the vague optimism that defined GM’s ancien regime. How would Liddell characterize the chances of a 2010 IPO? “I wouldn’t go beyond possible.” A 2010 profit? “[there’s a] reasonable chance.” How bad was GM’s finance department when you showed up to start cleaning? “Not as bad as has been characterized.” Mr Liddell went on to describe the sky as being “blue-ish,” and said that moving to Detroit “wasn’t as bad as people said it would be” [Ed: he didn’t, but you get the picture]. As insightful and reassuring as Liddell’s journalist stiff-arming skills are, what his taxpayer investors really want to see from him are the company’s first post-bankruptcy, GAAP-approved financial results. GM has said those results will be reported by the end of this month, while warning that they might not be pretty. And that was before it got into an incentive war with Toyota.
Chrysler Group understands that the practice at this time may be a cause of concern among policymakers and among arbitrating dealers. As a measure of good faith, Chrysler Group will not proceed with network actions that directly impact an arbitrating dealer until the arbitrator has had a chance to rule in that case.
Chrysler promises to play nice with culled dealers and wait until arbitration is complete before establishing new franchises in their areas [via Automotive News [sub]]. It’s probably no coincidence that several states are already considering legislation that would require Chrysler to offer culled dealers the right of first refusal for any new dealerships in their areas. Besides, replacing dealers before arbitration kind of hurts Chrysler’s case for culling them in the first place. To say nothing of making an already-battered brand look like a bunch of royal jerks.
“I rented a Toyota for the week. I noticed when travelling in the left lane that everyone moved over to the right to let me pass. Not a single foo slowed me down. With its current reputation, the Toyota hardly needs brakes.”
Comment entered by “charenton” on Mar 14, 2010 in response to Reuters story headlined “Investigation questions Prius driver’s story: report”
As an American citizen, it is tough on my part to pay tax dollars to an entity that can turn around and use those tax dollars to get my fellow American citizens to not do business with me. The government owns 60% of General Motors, and these American tax dollars are funding business activity for one company, with the express goal of negatively impacting another company
Paul Atkinson, President of Toyota’s National Dealer Council, manages to capture the central problem with government intervention in industry without resorting to the hyperbole that so often accompanies such lines of criticism [via Radio WAOI]. Examples?
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