Industry News
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The bad news keeps hitting Faraday Future. Earlier this month, we reported on the fight between the automaker and its latest backer, Evergrande Health Industry Group. Faraday claims that Evergrande failed to provide additional funds as part of an investment deal. Evergrande has denied this claim and has brought in lawyers to fight this charge. But this row has caused the electric car start-up to make some difficult decisions. The Verge obtained an email sent to Faraday Future staff on Sunday night, announcing that staff salaries would be cut by 20 percent, and laying off some workers. The email also states that FF CEO Jia Yueting has decreased his annual salary to $1…
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Car Sales Fall 4.3%; GM Alone Posts Rise By JOSÉE VALCOURT and MIKE SPECTOR February 2, 2008; Page A2 DETROIT -- U.S. auto sales fell 4.3% in January and slumped to their slowest level in years, adding to fears the economy is slipping into a recession. Two of the Big Three Detroit auto makers, Ford Motor Co. and Chrysler LLC, saw declines, as did their Japanese competitors Toyota Motor Corp., Honda Motor Co., and Nissan Motor Co. General Motors Corp.'s sales were up 2.6% over a weak January a year earlier, but its figure was still poor by historical standards. CAR COMPARE • Powerful Hot Wheels: Corvette ZR1, and other new sporty cars unveiled at the Detro…
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A group of ten automakers have agreed to equip all of their new vehicles with an automatic emergency braking (AEB) system in the near future. Audi, BMW, Ford, General Motors, Mazda, Mercedes-Benz, Tesla, Toyota, Volkswagen, and Volvo announced today they will work together with the Insurance Institute for Highway Safety (IIHS) and National Highway Traffic Safety Administration (NHTSA) on an agreement and timeline to make automatic braking standard on all of their models. AEB systems work to prevent or lessen the effects of a rear-end collision by detecting an imminent collision and apply the brakes to slow or stop the vehicle. This technology is becoming commonpl…
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Some GM Fuel Cell Goals (slides)
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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 a…
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Ouch! This is bad news... hopefully for this year only. http://www.autoblog.com/2008/11/26/dropout...n-still-needed/
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By William Maley Staff Writer - CheersandGears.com April 15, 2013 Back in October, we reported that Ford and General Motors signed a memorandum of understanding to jointly develop next-generation nine and ten-speed automatic transmissions. Today, both auto manufacturers have gone on the record and confirmed this joint operation. The two automakers aren't saying which specific vehicles will get the nine and ten-speed transmissions, but did say the transmissions are designed for front- and rear-wheel-drive cars, crossovers, trucks and SUVs. "Engineering teams from GM and Ford have already started initial design work on these new transmissions," said Jim Lanzon, GM vice…
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William Maley Editor/Reporter - CheersandGears.com January 30, 2012 The U.S. Treasury Department revealed in a new report to Congress that it will lose more money than expected on the 2009 bailout loans given to Chrysler and General Motors. The Treasury now expects to lose $23.77 billion on the $85 billion bailouts, up from the $23.6 billion losses estimated last fall. Most of the increase in the projected loss is due to GM's stock price declining over the past six months. GM's stock price at the end of trading stands at $24.37; a drop of 35% from the 52-week-high of $37.23. The Treasury currently owns 26.5%, or 500 million shares in GM. At the current price, the Tre…
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After a number of automakers having to revise their fuel economy estimates, the Environmental Protection Agency is proposing that automakers run their vehicles in the real world to see if their estimates hold any water. "Some auto makers already do this, but we are establishing a regulatory requirement for all auto makers," said Chris Grundler, director of the EPA's Office of Transportation and Air Quality. The EPA's proposal would have automakers run their vehicles on a test track to measure air-resistance and rolling friction. At the moment, most automakers use computer models to generate this data. But if the wrong data is put in, it could cause mileage numbers to in…
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Have you gone out and shopped for new vehicle recently? Are you overwhelmed by the variety of vehicles on offer? For example, if you decide to get a Porsche 911, you have the choice of 22 models. No, that isn't a misprint. Meanwhile other automakers have an array of models that carve out new niches and and mix existing body styles. Consider this, Audi sells 50 different variants around the world, a five-fold increase from the 90's when the German luxury automaker only sold 10 different variants. There has to be a point where automakers reach the point of too much and begin cutting back on their lineups, right? PwC, a consulting firm tells Bloomberg that by 2018, some aut…
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William Maley Staff Writer - CheersandGears.com July 19, 2012 With the advent of ever-tightening fuel economy and emission standards, no automaker is safe, not even boutique luxury automakers like Aston Martin. Consider this, besides the Aston Martin Cygnet which is a Scion iQ in drag, the rest of the Aston Martin lineup comes with either a V8 or V12 engines. Aston Martin has reduced the emissions of its engines by 25% over the past six years, but that might not be enough. Aston Martin head Ulrich Bez recently revealed to Autocar the company is open to downsizing their engines. “The job is not complete. Four or even three cylinders are possible. If the spirit of the…
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link to article
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So you can now get your own Trans Am Bandit edition signed by Burt Reynolds. Seems a company purchased the naming rights and all things Trans Am and are now producing 840 HP Trans Ams from the latest Camaro. 2016 Trans Am Bandit Edition signed by Burt Reynolds.
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http://sify.com/news/gm-fund-donating-100k-to-haiti-relief-effort-news-environment-and-nature-kbofO3hhefc.html
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Today’s full-size, light-duty pickup trucks not only can perform an impressive amount of work, they can do so with surprising ease and comfort. Indeed, these do-it-all workhorses are indispensable to individuals and businesses alike for their myriad abilities on and off the pavement. Yet one rises above the others due to refinement and innovations that push the art of the full-size pickup farther than its competition: the Ford F-150. The F-150 is simply the most fully realized full-size pickup truck on the market, and it’s this broad bandwidth—from base-level work truck to luxury four-by-four to factory-warrantied desert racer—that raises the Ford above its peers and …
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Analysts: Feb. Auto Sales Should Be Up By DEE-ANN DURBIN, AP Auto Writer Sat Feb 25, 12:20 AM ET Despite a blizzard, February auto sales should be higher than last year thanks to heavy advertising, a blitz of new products and the continued strength of Asian automakers, industry analysts said Friday. Several Wall Street analysts predicted U.S. sales will be up between 1 percent and 3 percent over last February when automakers report sales Wednesday. General Motors Corp. could be among the biggest beneficiaries after piquing customers' interest with advertising during the Super Bowl and the Olympics, Goldman Sachs auto analyst Robert Barry said in a note to investors. …
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I stumbled across this article on Newsweek's online section, it really pisses me off to read this drivel. I hope the author works in the business section, because he has no idea what he's writing about. I especially love the part where he says domestic automakers make bland vehicles compared to Toyota's Scion. Where did he get these quotes from? He must have hade a really bad domestic auto experience in the 80's. http://www.msnbc.msn.com/id/20999971/site/newsweek/
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Wide tires come to aid of the trucking industry Larger size means that truckers need fewer wheels to carry the load on the conventional rig. Jim Davenport / Associated Press Mark Duncan / Associated Press Jim Smith holds the new Michelin X-One truck tire, right, designed to replace the double tires, left, commonly used on large trucks. See full image Printer friendly version Comment on this story Send this story to a friend Get Home Delivery -- Take a closer look at some of the 18-wheelers rolling down the nation's roads lately and you might notice something missing: eight wheels. Some truckers are converting to wider tires that let them replace dua…
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http://www.washingtonpost.com/wp-dyn/conte...6032801573.html Some are pretty harsh. http://www.marketwatch.com/News/Story/Stor...google&keyword=
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by Dr. Bud E. Bryan Road Kill is one man's musings about life, love and automobiles, not necessarily in that order. Dr. Bryan is a bit of a loose cannon (and that would be different than how?-ed.), so his stories will be sporadic, sometimes chaotic, but hopefully, always entertaining. He has racing experience, life experience and other experiences we don't really care to know about, actually. We don't know what he is a Dr. of exactly, either (he gets kind of "excitable" when pressed), so we don't go there. At any rate, here goes... The Car Thing. Austin, Texas. The last few years around this time, I've talked about our favorite cars…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Auto CEO Compensation CNBC with Reuters has posted CEO compensation for GM, FCA, and FORD for 2015 and clearly also points out GM CEO Barra's compensation jumps 72% to $28 Million for 2016. 2015 Compensation GM CEO Barra - $7.3 Million on $152.4 Billion in sales, $10.8 EBIT earnings. FCA CEO Marchionne - $73.6 million FORD CEO Field $18.6 million Course stock does make up a large percentage of the pay package, but it is interesting to see what they are paid. CNBC-Reuters story
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Coupe or Convertible, your choice in what could easily be a 21st century Bond car. April 2022 Wiesmann revealed a Thunderball Concept EV to considerable excitement. This car features a classic two-seat, rear-wheel drive layout and lightweight carbon fibre construction, delivering performance, responsiveness, and engagement that enthusiasts demand. Wiesmann at the start of this year opened the books and as of this past Superbowl weekend, the first year production of the Wiesmann "Project Thunderball" is sold out. This is a big accomplishment for a sports sedan with a $320,000 dollar starting price. To quote Owner and CEO of Wiesmann, Roheen Berry: “We are…
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Automotive News recently reviewed a fair amount of data to answer a question; which automakers are selling more vehicles to rental car companies? Previously, the big three would do "fleet dumping" as a way to prop up sales for the month. But now, Ford and General Motors have actually cut back on selling to rental fleets and number of Asian automakers are picking up the slack. Automotive News compared sales to rental fleets in 2012 to this year's numbers, and GM has reduced its sales to fleets from 18.6 percent (nearly one-fifth of their total sales) to 13.6 percent. It should be noted that GM is still the top rental car provider with 378,219 vehicles through November.…
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AutoNation CEO Wants Greater Gas Taxes "We have to do something to favor the new technologies and send a message to American consumers that gasoline prices are going to be systematically higher," he said. "A gas tax is a statement from the government that this is an issue of national security and we're going to do something about it." Read "AutoNation CEO calls for higher gasoline taxes" @ Yahoo (how very appropriate)
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Continental AG's CEO says the diesel scandal that Volkswagen finds itself embroiled in could kill the marketplace for diesel vehicles in China, Japan, and United States. Elmar Degenhart tells German publication Boersen-Zeitung, "The diesel passenger car could sooner or later disappear from these markets." Degenhart also revealed that diesel had a market share of only 1 to 3 percent in these countries. This pales in comparison to Europe where diesels make up 53 percent of the market. Interestingly, the diesel scandal hasn't affected sales of diesel vehicles in Europe or the U.S. according to Continental's finance chief last month. Source: Boersen-Zeitung vi…
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Changes with the J.D. Powers That Be J.D. Powers is changing the way they survey car quality. Their surveys will now go more in depth, asking consumer for specifics on defects in quality. A two category breakdown, defects & malfunctions and design problems, will seperate niggling design issues from more serious problems that effect automobile reliability. More at the link. Read "J.D. Power overhauls car quality survey" @ The Detroit News
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On Friday, California regulators voted to require that automakers stick with the Obama-era emission regulations for vehicles sold in the state, no matter the efforts of the Trump administration to weaken the standards. This basically means vehicles built for through 2025 model year comply with the state’s standards and can legally be sold there. Beginning with the 2026 model year, vehicles have to meet the stricter standards if automakers want to sell vehicles in the state, along with the 12 other states and Washington D.C. that follow these regulations. This is the latest salvo in the fight between California and Trump administration over emission standards. Back in…
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Chevy dealers "mad as hell" - target Tundra with ads link According to a recent Brandweek article, Chevy dealers are tired of waiting around for GM to dispute Toyota's Tundra claims, and they're doing something about it with a series of ads attacking Toyota and its pickup. One radio spot written by Mark Frost, general manager of Jim Ellis Chevrolet in Atlanta, claims Toyota recalled more vehicles in 2007 than it sold. "Folks, the reality is Chevrolet is better for you, your pocketbook and America," the ad says. Frost is well-known in the area for displaying a Toyota Camry in front of his dealership. Oh yeah, it's crushed beneath a Chevy Silverado. A Toyota representati…
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http://www.caranddriver.com/ no vette! Audi S4 BMW 3 series / M3 Cadillac CTS / CTSv Ford Fusion Hybrid Honda Accord Honda Fit Mazda Miata Mazdaspeed 3 / Mazda3 Porsche Boxster / Cayman VW GTI fair list.
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William Maley Editor/Reporter - CheersandGears.com December 19, 2011 A new study from the University of Michigan says the proposed CAFE standards could actually make new cars larger, not smaller. The study used simulations of 473 different vehicles to figure how automakers could modify vehicle dimensions, implement fuel-saving technology features and trade off performance and fuel economy. Pricing was also taken into account. Their results showed that automakers would increase the size of vehicles to meet CAFE standards instead of adding technologies. “For just about all the scenarios, the car got bigger. What you can model in a computer is different from reality, bu…
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Henrik Fisker has resurrected his namesake company. Speaking with Bloomberg, Fisker said his new company Fisker Inc. will reveal a "premium, all-electric vehicle in the second half of 2017." Various about this new vehicle and the underlying electric technologies are currently under lock and key. But Bloomberg was able to glean some information about it. The battery technologies developed by Fisker Nanotech - their battery division - promises over 400 miles of range and feature industry-leading battery life that could "match the life of the vehicle." “The technology emanates from several professors from UCLA who have been working on energy storage. We have alread…
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William Maley Staff Writer - CheersandGears.com October 16, 2013 Back at the 2009 Geneva Motor Show, Aston Martin rolled out a very polarizing crossover concept with a name that hadn't been since the late eighties; Lagonda. Quick history lesson: Lagonda was brand that got its start back in 1906 building luxury vehicles. In 1947, Lagonda was paired up with Aston Martin and would continue building vehicles till the late fifties. Since that time, Aston Martin has used Lagonda as a model name for a certain number of vehicles, most notably the Aston Martin Lagonda sedan from the eighties. Now the Lagonda concept shown at Geneva wasn't well received for its awkward styling…
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William Maley Staff Writer - CheersandGears.com October 11, 2012 Small cars are on track to to capture the largest share of the U.S. auto market since 1993 according to Bloomberg. Sales of compact and sub-compact vehicles jumped 50% to 240,288 units last month, giving the segment a 19.3% of market share through September. That's only 1.2% off the highest market share that small vehicles ever got back in 1993. “Traditionally small cars were purchased by people who couldn’t afford anything else. Right now, that’s not the case. We see people choosing them because they find them more appealing,” said Jesse Toprak, an industry analyst for TrueCar.com. Why are small cars …
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Insurers <stack the deck> by requiring electronic stability control to be considered The list: LARGE CARS: Audi A-6 MIDSIZE CARS: Audi A-4, Saab 9-3, Subaru Legacy (with optional stability control) MINIVANS: Hyundai Entourage, Kia Sedona LUXURY SPORT UTILITIES: Mercedes M-class, Volvo XC90. MIDSIZE SUVs: Acura RDX, Honda Pilot, Subaru B9 Tribeca SMALL SUVs: Honda CR-V, Subaru Forester (with optional stability control) Yet GM doesn't get a mention for producing the 9-3.
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http://news.yahoo.com/s/nm/20081216/wl_can..._ontario_report Enjoy! Chris
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William Maley Staff Writer - CheersandGears.com December 20, 2012 The Detroit Free Press reports electric vehicles like the Nissan Leaf and Chevrolet Volt aren't garnering the same residual values as gas vehicles. The report cites data from Kelly Blue Book which estimates the 2012 Nissan Leaf will hold around 20% of its value after five years while a 2012 Nissan Sentra will hold around 30%. The 2012 Chevrolet Volt is predicted to hold around 30% while a 2012 Chevrolet Cruze will hold 38%. Auto Leasing Guide (ALG), another pricing service estimates the residual values of the Leaf and Volt about a point higher than KBB. Now, the residual value estimates don't take int…
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CNN "But four Nissan cars -- the Nissan Quest, Armada and Titan and and Infiniti QX56 -- landed on the list of worst for predicted reliability" Now I know I made the right decision.
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By William Maley Staff Writer - CheersandGears.com February 24, 2013 Four months after Hurricane Sandy blasted the East Coast, the National Insurance Crime Bureau (NICB) announced its revised estimates for the number of vehicles damaged in the storm's wake. The new total of vehicles damaged in Hurricane Sandy stands at 250,500 vehicles. This number is well above the estimate put out by National Automobile Dealers Association which say that 200,000 vehicles could be damaged. The majority of the vehicle losses stem from New York (150,000) and New Jersey (60,000). NICB's data also showed how massive Sandy was, with West Virginia (1,000), Maine (500) and Vermont (500) al…
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Once one of the world's richest cities, emirate now can't pay its bills DUBAI, United Arab Emirates - Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment. The fallout came swiftly and was felt globally after Wednesday's statement that Dubai's main development engine, Dubai World, would ask creditors for a "standstill" on paying back its $60 billion debt until at least May. The company's real estate arm, Nakheel — whose projec…
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Audit Into NHTSA Reveals Problems William Maley - Editor/Reporter - CheersandGears.com October 26, 2011 The National Highway Traffic Safety Administration recently had an audit done after congressional leaders gave the department some harsh criticism over the handling of Toyota Motor Corp.'s sudden acceleration recalls. The results of the audit casts a dark shadow. The audit found NHTSA's Office of Defects Investigation doesn't track whether it has reviews a consumer complaint. Nor does it document well how the defect assessment panel decides whether to open a preliminary investigation. The audit also found there was no process for deciding whe…
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. GM falls out of Fortune 500's top ten for first time in over a century GM moves to 15th due to bailout and bankruptcy in 2009.
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It was a Big Horn with the 5 1/2 foot bed and 3:92 rear end, so the driveline was identical to mine. Some quotes: "Ram announced late last year that 20 percent of all 1500 pickup production capacity—fully twice the projected figure—was dedicated to the EcoDiesel, and it remains higher than 15 percent. That statement should come as little surprise, as diesels typically offer two things truck buyers covet: torque and efficiency" "Rated to tow an SAE J2807-certified 8560 pounds, the EcoDiesel bests an equivalent 1500 3.6-liter, which is rated for 7180 pounds." "While these numbers accurately reflect capability, it’s easy to lend too much credence to paper victories when c…
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. How to Meet 2016 CAFE Standards? Go on a serious diet. As The Economist reports this week, powertrain improvements can only go so far to meet the aggressive mileage improvement goals. To make up the rest, cars will have to become much lighter. This will raise prices, but will it also make cars less safe? Is it worth it? Discuss in the forums! Unbearable Lightness
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What happens when you take a CALSTART Advanced Transportation graduate with a marketing and product development leader and connect them with Lee Iacocca, many others who are specialists in the EV industry and a connection to NASA? EV FOR EVERYONE (orbiselectric.com) You get a brain trust of individuals who have access to funding and additional folks that have helped set Bonneville Salt Flats speed records with a passion to help people convert to electric vehicles in minimal time. ORBIS ELECTRIC believes if there is a better way to allow folks to convert their vehicles to electric vehicles in minimal time, that the adding of gigatons of CO2 to the atmosphere…
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Automakers Get Creative with Camo This is war, after all — and a good disguise can keep the competition at bay. by Paul A. Eisenstein (2006-03-06) In the auto-razzi game of cat-and-mouse, Nick Twork has been both hunter and hunted. A decade ago, as a tall and lanky teenager, he began bicycling out to the General Motors Proving Grounds, in Milford, Mich., snapping pictures of future vehicles that strayed a little too close to the perimeter wall. These days, however, Twork is literally working the other side of the fence, as a product specialist in Ford's public relations department. "I've been pretty vocal about things that can lead to a spy shot," he says, like dri…
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VolksWagens new Commercials
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Are going to go a long, long way towards their survival here in N/A. Those comms are ingenious.
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New Oakland Toyota/Scion megadealer closes after two months Just two months after opening the doors to its brand-new, 200,000-square-foot dealership, Superior Toyota/Scion of Oakland is no more. The giant automotive retailer, with more than 40 service bays and as many as 1,200 cars on the lot at a time, closed last week after Nissan pointed at the economy and then pulled Superior's financing (although the dealer sold Toyota and Scion products, Nissan provided the loan for the new $36 million building). Without credit, the Superior Auto Group dealership was unable to do business. "I can't buy any more cars. Can't sell anything. The cars are still on the lot, but Niss…
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The turbocharger turns 100 years old this week The turbocharger , which has dominated the development of the internal combustion engine for the last 30 years, turned 100 years old this week. On 16 November 1905 Swiss engineer Dr. Alfred Buchi received patent No. 204630 from the Imperial Patent Office of the German Reich for a machine consisting of a compressor (turbine compressor), a piston engine, and a turbine in sequential arrangement. Porsche chose the occassion to introduce its very latest take on the turbocharger, this time with variable turbine geometry (VTG). This extensive article covers the development and major achievements of the turbocharger and the new VTG t…
Last reply by balthazar, -
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Fisker is beginning to drop information on their new vehicle called EMotion along with some clear images of the model. The design is.. well... out there. The side profile looks be a Karma that has been squished. There are tall wheel wells and deep cuts in the doors. The front end is something - we're going with the policy if you have nothing nice to say, don't say anything. The vehicle is built out of aluminum and carbon fiber. Fisker is already making some claims about the EMotion such as the vehicle having "superb rear legroom." "Fisker has taken advantage of the newly developed electric powertrain layout by pushing the vehicle’s entire interior compartme…
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3 ports and bright grille = 6 cyl Lucerne http://www.popularmechanics.com/automotive...html?page=1&c=y
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Boston Globe IN THE market for a used car? Good luck finding a bargain: The price of “pre-owned’’ vehicles has climbed considerably over the past year. According to Edmunds.com, a website for car buyers, a three-year-old automobile today will set you back, on average, close to $20,000 — a spike of more than 10 percent since last summer. For some popular models, the increase has been much steeper. In July, a used Cadillac Escalade was going for around $35,000, or nearly 36 percent over last July’s price. Why are used-car prices rocketing? Part of the answer is that demand is up: With unemployment high and the economy uncertain, some car buyers who might otherwise be look…
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William Maley Staff Writer - CheersandGears.com July 10, 2013 Convertibles have a small slice of the new car market. That slice seems to shinking even further. According to data from R.L. Polk, sales of convertibles last year barely reached one percent. That's a major drop when compared to convertible sales of 1.6 percent in 2009 and 2 percent in 2006. In all, 151,636 convertibles were registered last year. While that is an increase in number of registations over the past few years, it still is lagging behind other vehicles. The reason for this? Automakers are putting more development into more volume models such as midsize sedans and crossovers. "They're sitting do…
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The Wall Street Journal is reporting that Apple is going forward on building their own vehicle. According to sources, the company recently gave the approval for the project after spending a year investigating the feasibility of it. Codenamed 'Titan', the team behind the vehicle will grow from 600 to around 1,800 people. Not much is known about the vehicle except for that it will be electric and feature some sort of autonomous technologies. A fully autonomous vehicle isn't expected till later on. The report says Apple has set a 'target ship date for 2019.' Whether that means it will be launched or reaching a major milestone in 2019 is unknown. Rumors about the Appl…
Last reply by G. David Felt, -
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Discovery channel to air Addicted to Oil documentary..... by Thomas Friedman
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Never new about this.... The UAW is a dragging anchor for the big 3 and needs to be cut loose. http://www.foxnews.com/story/0,2933,472304,00.html
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LANSING, Mich. - As a 10-year-old, Rollin Green was awestruck when he saw the line of hulking orange-and-silver robotic arms swinging with rhythmic precision during his first visit to an auto plant. But something impressed him even more: His dad worked there. As a fifth grader, Rollin didn't daydream about becoming a baseball player or an astronaut. He wanted to be an autoworker. Just like his father, Mike. And grandfather, Richard. And great-grandfather, Kenneth. And grandmother, Janice. And step-grandmother, Connie. And aunt, Cindy. And great uncles, Bob and Tom, among others. Over seven decades and four generations, the Greens have together poured nearly 300 ye…
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William Maley Editor/Reporter - CheersandGears.com March 16, 2012 This week, Senators on the Energy and Natural Resources Committee criticized the Energy Department on their handling of the $25 billion Advanced Technology Vehicle Manufacturing initiative. Created in 2007, the Energy Department has only given out less than half of the funds during the four years of existence. Only four companies have gotten their loans; Ford, Nissan, Fisker Automotive, and Tesla. The Energy Department hasn’t given out any loans within two years and that has caused many companies to drop out. Sen. Lisa Murkowski, R-Alaska, said many companies have expressed deep frustration about not …
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...but it won't be a Cadillac ATS-V Plus. They're insisting it is Camaro-bound, and probably with some updates (full LT-spec? Who knows). I'd provide a link but it's just in their latest edition right now. Personally, I think it's a great idea. A continuation Z/28 with lighter weight. Still, would be nice to see a wet-sump LT4 under the hood as well. Ah well, we shall see
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California is one of most stringent states when it comes emissions in vehicles. Case in point is a law that says an estimated 15 percent of vehicles sold in the state must be a zero emission vehicle (ZEV). But this law has created a rift between regulators and automakers. Regulators want automakers to build ZEVs, but automakers worry that if customers aren't willing to buy them, they'll need to offer big incentives. Four automakers - Ford, General Motors, Honda, and Toyota have issued a complaint to the California Air Resources Board (CARB) asking them to rewrite the formula to allow more credit for plug-in hybrid models. They argue these models address range anxiety wit…
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Thanks to the fine folks at my fave Chevy dealership I was able to get a bit of static seat time in the new Alpha. I even got to fire it up in the showroom because the sales guy was a bit insane. "I wouldn't do this for a kid but you've had some pretty cool cars and you know what you're talking about." Well, ok. Anyhoo, the impressions: -the interior plastics are a nice step up from my Zeta, but no, they're not going to give the Stjngray sleepless nights. -sight lines are a bit better than the old car. The view over the hood in particular is better. -it sounds like D-Day when it starts up. -the shifter action is pretty direct, again: better than the old car. -…
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Drivers giving leases new life With loan rates rising, buying more costly By MARGARET PRICE Car dealers say leasing is seeing renewed popularity. Car leases are making a comeback. After hitting a low point in 2003, the deals are finding a renewed appeal as consumers face higher rates for car loans. Edmonds.com reported a 21% rise nationally in the leasing of cars and light duty trucks for the 12 months ended early December 2006. According to research firm J.D. Power, from 2004 through early this year, leases as a percentage of car sales rose about 4 percentage points to 19.9%. In the Northeast, leasing climbed more than 6 percentage points to 27.9% of new car sa…
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GM http://www.autonews.com/article/20141023/OEM01/141029918/gm-posts-1-38-billion-q3-net-income-on-flat-revenue
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http://www.detnews.com/apps/pbcs.dll/artic.../601050428/1148
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Industry News: Alabama’s Controversial Immigration Law Hits Close to Home for Mercedes
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Update: The case against the Mercedes Benz Executive has been dropped. One of the latest possible “illegals” has been arrested in Alabama for not carrying his driver’s license under the new anti-illegal immigration law. The problem? The suspect is also an executive manager for Mercedes Benz. From the AP: Prior to the new law, a person driving without a license would not be arrested, but instead received a ticket and a court summons. Mercedes Benz’s first U.S. assembly plant, built in 1993, is located near Tuscaloosa where the arrest took place. Alabama’s immigration law is thought to be the toughest in the country and is currently facing several legal challen…
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For those living close to the U.S.-Mexico border, buying gas down south could prove a plausible way to beat the current fuel price hikes felt across the nation. With the national average price for a gallon of regular unleaded gas topping out at $4.08, the practice of travelling down south is quickly gaining popularity among drivers near the border. By living near one of the largest border cities in the U.S., residents of San Diego are now willing to wait upward of three hours to cross in and out of Mexico to purchase their share of gasoline at significantly cheaper prices. Currently a gallon of regular unleaded in San Diego costs on average $4.61, while in Tijuana, Mexi…
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Trident announced it would finally show its production-ready car in public next month -- the Trident Iceni Grand Tourer, a diesel-powered machine that should hit 200 mph while returning 69 mpg on a variety of fuels. http://autos.yahoo.com/blogs/motoramic/diesel-powered-british-supercar-trident-icini-promises-200-200130777.html While very cool, the $119,000 price tag will keep this to the upper 5% of earners. Cool looking car.
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G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com Eggshells and Tomato skins, Could this be your next Tire? The Ohio State University took up a big challenge, how to replace a core component in tire manufacturing, Carbon Black! This important component of tire manufacturing was in surplus up till 10 years ago when the Chinese market for auto's took off. A reason tire prices have increased is due to a dwindling supply of carbon black. The Ohio State University took on this challenge to find a replacement that would accomplish 3 things: sustainability, reduced foreign oil and reduction of waste from landfills. Their…
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Full Review: 2011 GMC Acadia Denali We review the 2011 GMC Acadia Denali. Is it worthy of the Denali name? Does it compete with the Buick Enclave in the same showroom? Follow the jump to find out. Full Review: 2011 GMC Acadia Denali AWD
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BorgWarner Slashing North American Jobs U.S. automakers' production cuts are rippling through the supplier industry, with BorgWarner Inc. saying Friday that it is eliminating 13 percent of its North American work force and Lear Corp. earlier this week cutting its sales forecast by $300 million. The U.S. Big Three are losing market share to Asian automakers at the same time that the U.S. economy is softening and domestic car sales are slowing. Suppliers that do a heavy business with General Motors Corp., Ford Motor Co. and DaimlerChrysler AG's U.S.-based Chrysler Group are sharing their customers' pain, an analyst says. Read "Auto supplier BorgWarner to cut jobs" @ …
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By William Maley Staff Writer - CheersandGears.com March 6, 2013 The end is here for Suzuki automobiles in the U.S. On Thursday, a judge from U.S. Bankruptcy Court for the Central District of California in Santa Ana approved Suzuki's Chapter 11 reorganization plan. The plan calls for American Suzuki's motorcycle, ATV and marine engine businesses to exit bankruptcy and become part of a new, wholly-owned subsidiary of Suzuki Motor Corp, Suzuki Motor of America. Suzuki's automotive branch will go away after dealer sell off the remaining inventory. "Today's confirmation is a significant milestone and is one of the last remaining steps in our realignment and restructurin…
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A new audit released by the U.S. Transportation Department’s Office of Inspector General rips the National Highway Traffic Safety Administration (NHTSA) over its handling of the Takata airbag recall. In the report, the Inspector General says NHTSA's recall monitoring process "does not ensure that remedies are reported completely and in a timely manner," nor does it "verify recall completion rates, although it has the authority to do so." Other issues the audit found included the long time it took the agency to determine the scope of the Takata recall and missing documents due to limited monitoring and inadequate procedures. "In June 2014, RMD [NHTSA's Recall Man…
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Editors' Most Wanted Vehicles for 2006 Most Significant Vehicle of the Year Most Significant Vehicle of the Year: Pontiac Solstice GTO. Firebird. Fiero. The history of Pontiac is peppered with nameplates that helped establish the brand as a legitimate performance division within GM. Whether they were ramming air, making a chicken scream, or putting the engine behind the driver, the folks at Pontiac always had something interesting to draw enthusiasts into the showroom. That all ended in 2002 when the Firebird flamed out. Not only was the division's pony car dead, but there wasn't a rear-wheel-drive model to be found in the entire lineup. So much for "build…
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http://www.msnbc.msn.com/id/21134540/vp/25218965#25243533
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More Legal Issues for Delphi Delphi Corp.'s creditors committee said this week it found several financial discrepancies in the monthly fee statements of Delphi's attorneys and other hired professionals. The creditors committee -- the court-appointed group that consults and investigates Delphi's bankruptcy reorganization -- found, among other things, that one law firm charged more than $10,000 in travel expenses for just two lawyers without detailing the expenditures; two other law firms charged more than they previously said they would, and an attorney at one law firm reported working exactly 8 hours nearly every day she worked, an uncommon practice. Read "Delphi legal…
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Linkity a valuable Patek Philippe watch my grandfather, Harley Earl, owned that's going up for auction on September 27, 2006 at the Downtown Athletic Club, DAC (see web-link directly below). This rare watch has the inscription written on its back how it was a 20th anniversary gift to Designer-Earl from GM Styling, circa 1945.
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PSA Group's decade-long plan of possibly returning to the U.S. continues forward and they are facing their next roadblock, setting up a dealer network. Trying to convince dealers to sell brands that haven't been sold since the early nineties. But the French automaker believes they have a solution, using a tech-centric approach that will be affordable. "We see the high cost of doing this business; we see the challenges that exist in profitability for dealers and OEMs. We believe with the new tools, the new technology, the new customer expectations, there are leaner, more agile ways to do this," said PSA North America chief Larry Dominique to Automotive News. "We …
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Since the recession has ended, the average price of a used car was soared due limited supply. But The Detroit News says with more vehicles coming in due to leases coming to an end, prices are beginning to fall. According to CNW Research, the average transaction price of a used car in September was $10,963. Compared to the same time last year, the average has dropped 2.1 percent. "During the recession, it almost cost as much to get a used car as it did to get a new car, but now the market is going back to historical norms and it's going to be better every month. From 2008 to 2012, there was a significant growth in the number of leased cars and now they're all coming back…
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Reader Test Drives: 2010 Volkswagen Golf 2.5 and 2010 Volkswagen Jetta TDI Stock image shown. Long time reader RegFootball test drives a 2010 Volkswagen Golf 2.5 and a 2010 Volkswagen Jetta TDI and shares his thoughts with us. Test Drives: 2010 Golf 2.5 and Jetta TDI
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Trucks
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US car companies trucking out of trouble 26.11.05 By Alastair Sloane Once upon a time, an American car was just that. American cars stood out. They were mostly as big as Texas and covered in chrome. They had big motors in the front, big boots in the back - and big bench seats in between. Some had fins, swept-back things designed to give the car the same presence on land as a shark has in the water. These made some cars look hideous - even to Americans. The fins later came to symbolise American excess, in car design and in everyday living. Classic Americans included the 1949 Ford pick-up, 1955 Chevrolet, with its small block V8, and 1963 Buick Riviera. The Rivi…
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Few are being hired, leaving some students to switch focus. By Ken Bensinger December 15, 2008 On the same night that the Senate was killing legislation to bail out U.S. automakers last week, seniors in vehicle design at Pasadena's Art Center College of Design were putting on what should have been the show of their young lives. Standing in suits beside sleek, carefully constructed models of futuristic-looking cars and video screens with 3-D renderings, they smiled and handed out resumes, hoping to catch the eye of a car company recruiter Almost none were to be found. "Normally there are a lot of designers from the big companies, but with all that's going on, n…
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From Leftlanenews.com: Click Here for Full Story (WSJ Article)
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http://www.nytimes.com/2009/11/11/nyregion/11plates.html I remember my parents' cars used to have orange plates like this back in the mid 80s.
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Geely Automotive's chairman Li Shufu made headlines last week by dropping $9 billion for 9.69% stake in Daimler AG, making him the biggest shareholder in Mercedes-Benz's parent company. This follows a trend by Geely in buying automakers (Volvo in 2010, a 51 percent stake in Lotus last year). But a new report from Bloomberg reveals Shufu had his eye on a possible bigger prize. Last year, Shufu approached Fiat Chrysler Automobiles about "a potential takeover". According to people familiar with the matter, Geely and FCA held informal talks. Nothing would come to fruition however as the two disagreed on how much FCA would be worth after the completion of the current five…
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Silver Named Most Popular Car Color of 2005 by Christina Medina ForbesAutos.com To car buyers, all that glitters doesn’t have to be gold. Silver was named the top-rated vehicle color of choice six years in a row according to a report from DuPont Automotive, followed closely by white. Medium to dark gray infused with colors like green and blue has increased in popularity this year by 5 percent, while a more vibrant blue greatly appeals to younger auto consumers in 2005. The most popular color in the U.S. is featured on the fifth most popular vehicle, the 2006 Honda Accord. Dupont is the world’s leading supplier of automotive color coatings. In the U…
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Driven to Diesels Automakers scramble to offer diesels in light-duty trucks By RICHARD TRUETT | Link to Original Article @ AutoWeek | Updated: 07/02/07, 8:39 am et LIGHT-DUTY DIESELS IN THE PIPELINE Ford: 4.4-liter turbocharged V-8 for F-150 and possibly Expedition in 2009 Dodge: 4.2-liter turbocharged V-6 for Ram 1500 in 2010 GM: 4.5-liter turbocharged V-8 for Silverado/Sierra pickups and Hummer H2 in 2010 Nissan: Iffy. May use V-6 or V-8 diesel in Titan pickup from International Truck and Engine Corp. around 2010. Toyota: Iffy. Working with Isuzu to develop diesels. Diesel for Tundra might come from truck affiliate Hino in 2010, at the earliest. DETROIT -- The…
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Chrysler's Press Says US Auto Makers Will Regain Share September 20, 2007: 06:35 PM EST DETROIT -(Dow Jones)- The new president and vice chairman of Chrysler LLC, who recently headed Toyota Motor Corp.'s � North American business, said Thursday he expects Chrysler and other U.S. auto makers to re-gain market share after years of slipping to foreign rivals. Jim Press, who was tapped by new Chrysler majority owner Cerberus Capital Management LP to head up sales, marketing and product strategy, also said he can bring more of a customer focus, and long-term outlook to Chrysler. Press, speaking during a radio interview on Detroit radio station WJR-AM 760, said Chrysler…
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Isuzu (up 36.7%), and 2nd fastest growing this year (13% v 30% for mini)
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To quote Christian Buhlmann of Volkswagen product line communications for e-mobility: "It doesn't make much sense because if you think of the starting torque that you have and the dynamic weight distribution, the weight is lifted from the front axle towards the rear axle," he said. "That's exactly where you need the torque to be in your acceleration moment. Therefore, it physically doesn't make sense to use only the front axle if you have the vehicle that offers a lot of torque right from the start. " This was his response in regards to the question of FWD or RWD for electric vehicles and why? With the ease of ability to package the motors front, rear, or AWD an…
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Automakers Urge U.S. to Emphasize Biofuels, Not CAFE (Update2) By Gopal Ratnam The best way to reduce oil imports and carbon dioxide emissions ``over the next decade is through increased use of bio-fuels,'' said Rick Wagoner, chief executive officer of Detroit-based General Motors Corp. Jim Press, president of Toyota Motor Corp.'s North American unit, broke with his peers on criticizing CAFE. He said Toyota exceeds today's standards and the Japanese automaker favors the program as long as it is ``fair, technologically feasible, cost- effective and does not discourage early compliance.'' ] Wagoner said CAFE has ``failed to meet its intended goal'' of reducing oil de…
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William Maley Editor/Reporter - CheersandGears.com May 15, 2012 Tesla announced this week they will begin to pay back their loans from the U.S. Government later this year. Tesla chief financial officer Deepak Ahuja told Bloomberg this week, "We are delivering on the milestones, what we're committed to...once we are delivering customer cars, that signifies completion of the project". This suggests once Tesla begins delivering the new Model S sedan out to customers, they will begin paying back the Department of Energy loans. Tesla also announced this week that the first Model S sedans will begin flowing out to customers in June, a month ahead when they originally put …
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http://news.yahoo.com/s/ap/20061017/ap_on_bi_ge/fuel_economy "Next year's list will likely show a decline in gas-mileage numbers. The EPA is revising the way it estimates how far a vehicle will travel on a gallon of gas to take into account high-speed driving, use of air conditioning and rapid acceleration. Under the proposed testing changes, fuel economy stickers would show most 2008 models getting 10 percent to 20 percent less gas mileage in city driving and 5 percent to 15 percent less in highway use. Hybrid buyers will find a greater sticker shock. Hybrid ratings for city driving are expected to drop an average of 20 percent to 30 percent."
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Aging tires spark new safety concern Michelin, Continental latest to set 10-year limit Scott Burgess / The Detroit News Major U.S. tire manufacturers have a new warning for consumers and dealers: Any tire made before 1996 should be swinging from a tree. Michelin USA and Continental Tire North America Inc. have become the latest manufacturers to issue technical bulletins to dealers calling for the replacement of all tires 10 years or older. Some automakers -- including Ford Motor Co. and DaimlerChrysler AG -- advise owners that tires be replaced after six years. Industry and safety experts agree that most tires are replaced long before any unofficial expiration date.…
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Turn me on, turn me not on, turn me on... Your voice counts. We seek the car with the most sex-Appeal in Germany. What rightly attracts, must not always have pure power, a six-figure purchase-price and if necessary an Italian name. We have for you per marque a maximum of two models chosen … http://www.auto-motor-und-sport.de/news/on...05005_15056.hbs
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Going Yellow Given a Yellow Light A move by the nation's largest product-safety laboratory to remove its approval of ethanol fuel pumps has frozen the rollout of new ethanol stations and cast doubt on the legal status of the roughly 1,000 stations already selling E85 fuel. Without certification from Underwriters Laboratories, the company that tests thousands of products for safety and manages the "UL" symbol, state officials and ethanol industry executives say E85 pumps may run afoul of state and local fire codes that require "listed" equipment for pumping fuel. A fire marshal in Columbus, Ohio, ordered two E85 pumps shut down last week because of a lack of UL approva…
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Read the last few paragraphs for the vision environmentalist have of the car of the future. http://www.detnews.com/apps/pbcs.dll/artic.../703140301/1148 Neil Winton: European industry deflecting climate hysteria, for now GENEVA, Switzerland -- Climate change hysteria has erupted across Europe and although experts believe the automotive industry can ride out the storm, structural changes can't be held at bay for long. The industry's hope is that while politicians and environmental lobbyists demand ever tighter fuel economy that could undermine the viability of the German premium car makers, any regulatory regime that finally emerges next year in the European Union migh…
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JULY 18, 2006 Insight By Ed Wallace Detroit Ignores Its Dealers At Its Peril Heavy discounting and added costs by U.S. automakers are bleeding its dealer bodies Most auto industry observers think they know what is wrong with Detroit. As General Motors weighs a possible alliance with Renault and Nissan, and Ford hands out the pink slips and slashes its dividends, the Greek chorus of critics has its favorite targets of what to fix first: expensive labor contracts, poor understanding of the market, mediocre designs and quality, resistance to hybrid technology and an ossified bureaucracy that is out of touch with reality. Yet, the sharp-eyed will have noticed that progr…
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Echion Technologies is addressing today's biggest challenge for electric vehicles is the speed at which the battery is recharged. Current technology pretty much has your 300 mile battery recharging in 45 minutes to 1 hour. In 2017 Toshiba came out with a battery that goes into production for select new EVs that come out at the end of 2019 with general availability in 2020. The Generation 1 SCiB battery was 200 miles in 6 min and with generation 2 they have now made it 353 miles fully recharged in 6 min. Now we have Echion Technologies that has come up with a unique material solution for Lithium-ion batteries. According to the interview by Cambridge Indepe…
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Does this guy ever write anything new? http://www.forbes.com/opinions/2007/10/15/..._1016flint.html
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