By on August 25, 2012

If car racing is not for you, you can always compete for who has the loudest and most expensive car audio system.  From April through September contestants congregate at the Columbus Motor Speedway for a race of the biggest and baddest sound systems.  (Read More…)

By on August 25, 2012

GM must feel like well-to-do Eurotrash coming to America: Lots of cash in the bank, but lousy credit. GM wants to change this and is talking to banks about doubling its $5 billion line of credit, the Wall Street Journal says. (Read More…)

By on August 25, 2012

New panic at GM’s European Opel dependence: Opel needs to shed 30 percent of its workers. This is the supposed target of a “secret strategy” that has been agreed between Opel and GM, says BILD, Europe’s largest circulation newspaper under the headline “One out of three jobs imperiled!”

Based on an anonymous inside source, BILD writes about a three-step phased plan:
(Read More…)

By on August 24, 2012

While there is renewed chatter about a renewed GM bankruptcy, ratings agency Fitch thinks otherwise. The agency that assesses the chances of defaults by companies and countries raised GM’s default rating from BB to BB+, which is once notch below investment grade. (Read More…)

By on August 24, 2012

Today, the last Mazda6 will “roll off the assembly line in Flat Rock today as the Japanese automaker hands the keys to the plant back to its one-time parent, Ford Motor Co.,” says the Detroit News. It is part of a sad and messy affair that makes Ford look stupid and vindictive. (Read More…)

By on August 23, 2012

With only a week to go for August, Kelley Blue Book predicts a surprising 18.7 percent increase in new car sales for the month, and sees the seasonally adjusted annual rate (SAAR) to hit 14.4 million units. (Read More…)

By on August 23, 2012


The German edition of the Financial Times has a story about “broken taboos.”  It says that “smaller Mercedes models and cars of Nissan’s premium division Infiniti could together roll off the assembly lines in 2016.” The FTD heard that the joint car could be “a small SUV, possibly based on the Mercedes A or B class.” Reuters has a good English abstract of the German story.  Apparently, the FTD was asleep when a major busting of taboos was perpetrated in the beginning of the year. (Read More…)

By on August 23, 2012

GM’s troubled German daughter will close its main factory in Rüsselsheim and its component plant in Kaiserslautern for a total of four weeks in response to a drop in demand for cars in Europe. (Read More…)

By on August 23, 2012

 

You can see this ad. Television viewers in the UK can’t.  The Chevrolet Volt  is sold in the UK as the Vauxhall Ampera, and its ad has been banned by the UK Advertising Standards Authority. It says the ad is misleading. The ad claims a 360-mile range. GM is a serial offender when it comes to alternate realities, and this ad is the latest installment. (Read More…)

By on August 22, 2012

The American Automotive Policy Council does not want Japan to be part of a free trade pact with America and other countries. The lobbying arm of Chrysler, Ford and GM published a study that claims that “including Japan in the Trans-Pacific Partnership (TPP) free trade agreement combined with allowing Japan to continue to manipulate its currency could put 90,000 American auto jobs at risk.” (Read More…)

By on August 22, 2012

 

Some say reviewing cars is an unglamorous dead-end job, and the only benefits are free gas and canapés. That impression is up for review on hearing that Nissan hired the senior auto reviewer for Consumer Reports magazine. (Read More…)

By on August 22, 2012

A Florida cop was fired and arrested after brutalizing a woman in front of his own dash cam. A routine review of dash cam video revealed that he brutally slammed a woman into her car. (Read More…)

By on August 22, 2012

The silly season continues unabated. A video of a wind-powered car, invented by a Chinese farmer suddenly goes demi-viral. “When the blue hornet hits 40 miles an hour, a turbine on its nose kicks in and starts to generate electricity,” it says in the video. “It’s pollution-free horsepower.” (Read More…)

By on August 22, 2012

It’s a little less than 40 years ago that a newly minted copywriter called Bertel Schmitt wrote his first ads for a newly minted car called Volkswagen Golf. As chronicled in the Autobiography of BS, the car became an involuntary star. At its launch, everybody at Volkswagen was convinced it would be a dud.

29 million cars later, the Golf is one of the world’s most sold cars, and by large Volkswagen’s most important.  In a few weeks, Volkswagen will launch its all—new seventh generation of the Golf,  the emm-kay seven in blogger parlance. This is a make-or-break launch. If something would go wrong with this launch, it would be doubly bad for Volkswagen. The new Golf also is the first Volkswagen that is based on VW’s new modular MQB architecture. (Read More…)

By on August 22, 2012

It’s not quite the bursting bubble that had been prognosticated by many through the last decade, but there is no doubt that “the world’s largest auto market sputters in a slowing economy,” as Reuters writes.

“Be careful what you wish for” is not the Chinese proverb it often is made up to be, but it applies: The red menace of Chinese car exports, longer predicted than the bursting bubble and likewise for long a chimera, finally appears to get going. The sputtering Chinese home market provides the push to find better fortunes abroad, but General Motors broke the dam that held Chinese exports back. (Read More…)

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