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BAIC Seeks A Mid to High-Level Automaker From America or Europe

Apr 08 2014 09:35 AM | Industry News
Last Thursday, Beijing Automotive (BAIC) made an interesting announcement. Reuters reports the company is looking into buying a "mid to high-end brand" in Europe or the United States. If you're wondering, they have a number of companies in mind, but don't give out any names. President Dong Haiyang told reporters at a briefing in Beijing that this would allow them to break into the global marketplace much quicker. 
The company already some ties in the automotive world mostly in Europe. First, the company bought the bulk of the technology that underpins the last-generation Saab 9-3 and 9-5 sedans from GM back in 2009. Then last week, the company signed a joint-investment agreement with Diamler to work on dou...

Six Automakers Will Remain In The Future Says Morgan Stanley Analyst

Mar 31 2014 07:45 AM | Industry News
The past ten years has seen a number of automakers either being folded up or taken into other automakers. But an analyst believes there is more consolidation for the automotive marketplace. 
Morgan Stanley auto analyst Adam Jonas said in a research note earlier this month says in the future there will only be five to six automakers in the world. This comes down to such factors as economics and technologies.
“We believe the radically changing landscape of autos requires a commensurate change of thinking in Detroit if the domestic OEMs, as we have traditionally known them, are to remain relevant 15 or 20 years from now. The world has too many car companies: We cover nearly 30 auto assemblers glo...

Two U.S. Senators Introduce A Bill Requiring Automakers To Give Data With Defects

Mar 26 2014 07:15 AM | Industry News
In light of GM's massive 1.6 million vehicle recall and Toyota's massive $1.2 billion settlement over the unattended acceleration problem, two U.S. Senators introduced legislation to require automakers to provide more information concerning incidents that involve the loss of human life.
Senators Ed Markey, D-Massachusetts., and Richard Blumenthal, D-Connecticut introduced the Early Warning Reporting System Improvement Act yesterday. The bill would require automobile and equipment manufacturers to submit accident reports or other documents automatically to NHTSA’s Early Warning Reporting database. NHTSA cannot access this information unless they request them.
The bill would also requi...

Apple Unveils CarPlay Integration

Mar 03 2014 04:45 PM | William Maley in Industry News

Apple has formally shown its CarPlay integration system before the start the Geneva Motor Show today. The system, formally known as 'iOS in the Car' allows owners of a iPhone 5s, 5c, or 5 to control certain aspects of the phone through the car's infota...

Problems With New Cars Increase For The Time Since 1998

Feb 18 2014 08:35 AM | William Maley in Industry News

For the first time in sixteen years, J.D. Power and Associates says data from its recent vehicle dependability study shows that the average number of problems per 100 cars has increased. This year's study charted 2011 models over three years of ow...

Ford, GM, and Ram Will Finally Implement The J2807 Towing Standard

Feb 11 2014 08:35 AM | William Maley in Industry News

Back in 2008, the Society of Automotive Engineers (SAE) came up with a new standard for light-duty pickup tow ratings. Called J2807, the standard would simplify the testing methods for determining the max tow weight a light-duty pickup could handl...

Study: Gen Y Wants Cars... When They Can Afford Them

Jan 17 2014 10:45 AM | William Maley in Industry News

Despite countless studies and reports that say Gen Y (AKA millienals) aren't interested in cars, a new study released this week says this key group are interested in cars.   Deloitte LLP, a financial consulting firm published their Global Automoti...