Ford and Ferrari finally settled their differences over the alleged trademark infringement by Ferrari. In cases like these, one lawyer usually tells the other: “What does it take for this to go away?” In this case, Ford’s lawyer must have answered: “Lose the F, or lose the case.” And that’s what happened. (Read More…)
Tag: Bertel Schmitt
When, in a former life, I wrote speeches for top execs at Volkswagen, I never made my guy admit failure. Bad for his career and my business. The secret phrase for full retreat was: “This is one of the many options we are looking at. We are in a changing world and must change with it.”
I must have a less circumspect colleague at Ford. (Read More…)
Ford reported a $6.6 billion profit for 2010, its highest in more than 10 years. This year, they could add $13 billion to the profit line, without selling an extra car. How will Ford pull off the miracle of the loaves and profits? With a simple bookkeeping entry. (Read More…)
German motorists won an important battle against ethanol. They used a downright un-German tactic: Widespread insurrection. They simply won’t buy the stuff. An edict handed down from Brussels ordered that Super has to contain 10 percent of ethanol. An alliance from Germany’s ADAC autoclub to Greenpeace said the new gasoline is a work of the devil, it is liable to ruin cars, and the environment. That didn’t impress Brussels. But then, a buyer strike did set in. (Read More…)
Thinking about getting an EV? Better move to a balmier state.
“It turns out batteries are like people. They love room temperature,” Bill Wallace, director of Global Battery Systems at GM said at an energy forum at the University of Chicago. He had come under fire, ammunition courtesy of Consumer Reports which said its tests showed the battery’s range of the Chevy Volt would last only 23 to 28 miles in cold weather. (Read More…)
Take that, China. Japanese ingenuity has devised a way around the rare earth stranglehold the wicked Chinese use to stall worldwide progress of electric vehicles. A team of researchers from Japan’s Toda Kogyo and Tohoku University succeeded in making a magnetic material without rare-earth metals, The Nikkei [sub] says. (Read More…)
We momentarily interrupt our recall-fatigue induced editorial policy. This one is too good to pass up. Mazda has developed a clinical case of arachnophobia, and is recalling 65,000 cars. Cheiracanthium inclusum, the yellow sac spider, has developed a liking for Mazdas and decided to move in. Let’s check the calendar first. No, it’s not the first day of April. (Read More…)
What was the problem of EVs again? It’s the battery. Too expensive. Empty too fast. Also known as price and range.
Japan’s Sumitomo Electric thinks they have a solution, in the true sense of the word. Their molten salt battery is said to cost about 10 percent of the price of lithium ion batteries. It also holds twice the charge. (Read More…)
France’s PSA wants to get more expensive and cheaper at the same time. PSA plans to up-position their Peugeot and Citroen plans. Probably envious of Renaults success with their Dacia brand, PSA wants to create a completely new low-cost brand, says Automobilwoche [sub]. (Read More…)
Germany is busy digging itself out of a – mostly mathematical – hole. According to data released by Germany’s Kraftfahrtbundesamt, registrations in February were up 15.2 percent compared to February 2010. The graph above tells a different story. (Read More…)
“Why would you even ask that question? Do you think the Chinese want to kill people on the road?”
Volvo CEO Stefan Jacoby after a reporter had asked him in Geneva whether Chinese ownership could hurt Volvo’s safety image.
From Automotive News [sub]
For years. American and Chinese companies have talked about bringing Chinese cars to America. So far, a lot of talk, little action. Even perennial announcer BYD has not progressed beyond the test phase. Santa Monica’s CODA wants to be the first one. Honestly now. (Read More…)
More and more journos wish China would become like America. As in America of 2008: Pop, crash, fizzle. The current meme is that the 18 plus million car sales can’t possibly go on and that the Chinese car market will ape America and will pop, crash and fizzle.
The problem is: The Chinese car market doesn’t seem to be able to read. It just doesn’t want to roll over. It had its big chance last month. China had been closed most of February in observance of the Chinese New Year. Most observers (including myself) had expected minus signs in front of the growth number for February.
First sales numbers are coming if for February, and there are good news and bad news. (Read More…)
„Let’s see what Volvo has with Jacoby as chief and the Chinese as owners.”
If I would have a Euro for each time that sentence is uttered in Geneva, I’d be rich by now. Volvo shows a V60 plug-in hybrid wagon. It uses a 215 horsepower 2.4L diesel 5-cylinder engine to drive the front wheels, while a 70 horsepower electric motor powers the rear. (Read More…)
Ferdi Piech is trying his hand at instigating a velvet revolution. He is dangling huge sales increases at Alfa in front of workers and customers, hoping that they string up Marchionne and ask Volkswagen to take over Alfa. Or something along these lines. Anyway, Piech said in Geneva that Volkswagen could nearly quadruple the annual sales of Alfa Romeo, if Fiat would only do the right thing and sell Volkswagen the ailing Alfa brand. (Read More…)










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