We (well, some of us) await the autonomous auto that leaves the driving to a robot, such as not to distract us from twittering and uploading pictures of our cats to our facebookies. That technology is not quite there yet. Volkswagen however thinks “an important milestone on the path towards fully automatic and accident-free driving” has been set. So said Volkswagen’s Prof. Dr. Jürgen Leohold at the final presentation of the EU research project HAVEit (Highly Automated Vehicles for Intelligent Transport – who comes up with that stuff?) (Read More…)
And this is how it usually ends. Saab spokesperson Gunilla Gustavs said “it is regrettable to have to notify staff of the day before midsummer,” that Saab is unable to pay this months wages to its employees. What’s more, Saab has no idea if and when it will send out paychecks again. “It is impossible to make any sort of forecast, except to repeat that the company is trying to solve this as quickly as possible,” said Gustavs to the wire-service TT [via TheLocal].
Saab employees were told via email this Thursday morning that no money will hit their accounts by month’s end. (Read More…)
Japanese automakers are gearing up in earnest to make up for production lost after the March 11 tsunami. Across the island nation, there are new signs of resurgence. They read “we hire” (or Japanese words to that effect.) Automakers are hiring thousands of contract workers that had been let go after the financial crisis. (Read More…)
Uh-oh: The UAW has reached out to unions representing workers of Chrysler and Fiat in other countries. They want to form a “global network.” The group will not collectively bargain with the companies, King told reporters from Reuters. The group will be just an innocuous clearing-house for information. (Read More…)
Car production is for the REALLY big boys only. It takes boatloads of patience and money. Ignore it at your peril. Or rather at the peril of your creditors – if you can find any. Latest road kill: The Norwegian EV maker Think Global filed for bankruptcy on Wednesday, as Automotive News [sub] reports. Nothing new for Think. According to AN, “it is the fourth time Think has collapsed financially in its 20-year history.” (Read More…)
The Chinese quest to own a large Chinese automaker with global reach fell on sympathetic ears with someone who should be scared of the yellow peril: Carlos Ghosn. After all,Ghosn is in charge of two automakers. Nissan is the largest Japanese brand in China. Renault is trying to get traction in China. At the Thomson Reuters Newsmaker event in Tokyo today, Ghosn said he does not only expect one or two large Chinese automakers to emerge on the global market, he also understands why.
First, Ghosn had interesting news for those who think there is no money to be made in China: (Read More…)
The Japanese auto industry might come back to much normal faster that thought. But then there is shippiing. It takes a while to float a few thousand cars across the Pacific. Now add high gas prices and a high demand for fuel efficient cars and you have the reason why Edmunds reports that the U.S. national inventory of the Toyota Prius is down to four-day supply. Ed Larocque, Toyota’s national marketing manager for advanced technology vehicles, told Edmunds that “production in Japan likely will return to full capacity by the end of June.” Which means that that wave of Prii won’t was ashore before end of July. (Read More…)
Nearly two months ago, American senators complained that China is continuing its “long history of breaking international trade rules” and that there is a “trade barrier that is designed to prevent U.S. automakers from accessing the Chinese market” for electric vehicles.
As Ed Niedermeyer said it back when, there were no new rules. There still aren’t any. If there is one man who should be up to date on rules on electric vehicles around the world and especially in China, then it’s Carlos Ghosn. After all, he did bet the future of two companies, Renault and Nissan on the future of the EV. Also, Nissan is the largest Japanese brand in China, and Nissan’s joint venture partner is Dongfeng, a company owned by China’s central government. So he should know what the rules are.
The trouble is: Carlos Ghosn has no idea. (Read More…)
A beaming and relaxed Carlos Ghosn dispensed a little insider knowledge tonight in Tokyo and let (surely not involuntarily) slip that there will be “significantly higher numbers tomorrow” when Nissan announces its predictions for the current fiscal year. (Read More…)
Lincoln, once the conveyance of presidents and Hollywood moguls, hasn’t been doing too well lately. In May, Lincoln sold just 7,399 vehicles in the U.S., about the same as Volvo, a brand that Ford had sold to the Chinese. The average buyer’s age of a Lincoln sold in 2010 edges up to the wheelchair-demographic: 62. Despite ample Panther-love doled out by TTAC, Lincoln is losing customers left and right: According to White House historians at the Wall Street Journal, every president from Calvin Coolidge through George H.W. Bush rode in a Lincoln limousine. The new prez defected to a Government Motor’s Beast.
The matter even attracted attention from Ford’s cross town rival GM. Its CEO Dan Akerson had some ungodly advice: “They are trying like hell to resurrect Lincoln. Well, I might as well tell you, you might as well sprinkle holy water. It’s over.”
Ford was faced with a tough decision: Keep it or kill it? And the decision is: (Read More…)
Didn’t you always have this nagging suspicion that MPG might be influencing the purchasing decision? At least a little bit? A brand-new survey says you are right! (Read More…)
The Pope is working on his green creds. When the German Pope Benedikt XVI will come to Germany in September, he will wave at the faithful from a plug-in hybrid. Made in Germany, of course. Mercedes is putting the finishing touches on a new popemobile. Based on the new M-Klasse, it is powered by a 60 hp hybrid module. The lithium io battery will supposedly be rechargeable in 60 minute, allowing the Pope to travel for 30 kilometers (18.6 miles) on heavenly electrical power alone. Once depleted, the ICE kicks in.
No good can possibly come from a story that starts with “Chrysler has been bumping along on a couple of flat tires in recent years.” And it doesn’t. After recommending only one Chrysler model, the RAM 1500 pickup, over the last three years, Consumer Reports tested eight Chrysler models to see how they have improved. (Read More…)
“ABC News Chief Investigative Correspondent Brian Ross and the ABC News Investigative Team have been awarded the 2011 National Edward R. Murrow Award for “Video Continuing Coverage” for their exclusive investigation that revealed how Toyota had for years ignored complaints from hundreds of its owners about cars suddenly accelerating out of control.” (Read More…)
Recent Comments