Category Archives: news analysis

GM China Begins Building and Testing Advanced Batteries

General Motors China is now making and testing prototype battery cells and complete systems at its Advanced Technical Center in Shanghai, potentially creating a huge offshore industry that will build more affordable batteries for customers globally. Continue reading

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D.C. Court Throws Out E15 Lawsuit on a Technicality

The U.S. Court of Appeals for the D.C. Circuit has dismissed petitions challenging the Environmental Protection Agency’s partial waiver allowing gasoline with 15% ethanol or E15 in 2001 and newer model vehicles. Federal law establishes a renewable fuel mandate that requires gasoline producers to introduce significant amounts of renewable fuel such as ethanol into the Nation’s gasoline supply. Continue reading

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Marine Corps to Test Finnish Personnel Carrier as U.S. Long Term Unemployment Continues at Post Depression Highs?

It was not immediately clear if Lockheed really intends to import the Finnish-built personnel carrier for the 600 units the Marine Corps eventually plans to buy at ~$5 million each while long-term U.S. unemployment continues at post Great Depression highs. There are competing U.S.- and Canadian-built carriers available from General Dynamics, BAE Systems, and Science Applications International Corporation. Continue reading

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Elite or Street – Woodward Dream Cruise and Pebble Beach Concours

Nowhere will the two diverse approaches to automobile collecting be more apparent than at the Woodward Dream Cruise in the northern Detroit suburbs and the Pebble Beach Concourse in Northern California this weekend. Continue reading

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China Sales Satisfaction Down. Audi, Nissan, Hyundai Lead

There is a decline in customer satisfaction in China as experienced salespeople are in short supply as auto dealerships continue to expand. Coupled with the slow down in Chinese vehicle sales this year, there is a “notable deterioration” in overall sales satisfaction among new-vehicle owners in China. Continue reading

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Works of Artist Hanns Lohrer Coming to Porsche Museum

Starting in early September the Porsche Museum will display the works the Stuttgart painter and commercial graphic designer Hanns Lohrer (1912-1995) with an exhibit that goes beyond his automotive oeuvre. During the 1950s and ’60s, Lohrer played a vital role in the visual appearance of the Porsche brand in promotional pieces. Lohrer’s works helped create a positive image for what was then an upstart sports car manufacturer. Continue reading

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Ford EU July Sales off 12%, Lowest Since 1995. Lags Industry

Ford Motor Company sales in its traditional 19 European markets decreased in July to 83,100 vehicles, -12.3% lower than July 2011 in an industry with heavy discounting that was off 7.6% overall. Year-to-date, Ford sales were 700,200 units, down 11% during the same period last year compared to an industry decline of 7%. Both results were the lowest sales for Ford in the EU since 1995 as the Eurozone crisis continues unabated. Continue reading

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Bosch Moves into eScooter Business with Ningbo Polaris

The Bosch Group is forming a joint venture with Ningbo Polaris Technology, a Chinese provider of motors for electrically driven scooters or eScooters, with Bosch holding the majority. Ningbo makes and sells eScooter motors in China under the POLTM brand, more than one million in 2011 the output of 450 workers. The global output of eScooters in 2011 was about 27 million units with China making 98% of the production volume. “With a growth rate of 6% annually the market will reach up to 46 million units in 2020”, said Udo Wolz, president of the Bosch Electrical Drives division. Continue reading

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Digital Politics – Obama Ahead of Romney in Web, Social Media

The Obama campaign is using digital tools to talk directly with voters at almost four times the rate of the Romney campaign, according to a new study by the Pew Research Center. The tools, now also in widespread use at automakers, bypass the filters and biases of traditional media coverage. However, the latest electronic communications techniques are also largely a one-way street as campaigns (and automakers) talk at but rarely share or forward responses, long a complaint of traditional media critics. Continue reading

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GM Bids on Ally’s International Auto Lending Business

The GM bid carries some potential risks for U.S. taxpayers, which still own a large part of the company. If GM buys the international Ally businesses, it could expand lending overseas, but not without potentially hurting liquidity. GM Financial’s consolidated assets could more than double, and it could incur substantial amounts of indebtedness, including secured debt. GM Financial’s ratio of adjusted assets to adjusted equity could more than double as well. It all depends on how much GM acquires, and then its ability to successfully run the new operations while integrating them into the larger company. Continue reading

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Regulations Work as Airlines Set On Time Records, Cut Delays

The biggest airlines in the U.S. posted records for the first half of 2012 for on-time performance, fewest cancellations and tarmac delays, as well as the lowest mishandled baggage rates. According to the Air Travel Consumer Report from the U.S. Department of Transportation, the 15 largest U.S. airlines posted an 83.7% on-time arrival rate during the first six months of 2012, the highest mark for any January-June period in the 18 years the Department has collected comparable data. Continue reading

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Reality Versus Concept as Production Accord Photos Released

The ninth generation Accord, a perennial top seller in the family car category faces unprecedented competition from the Toyota Camry – the best selling car in the U.S. and all new last year – a revised Nissan Altima, and the Hyundai Sonata, as well as the Ford Fusion and Chevrolet Malibu, among others. The category is important for its size – almost 20% of the cars sold in the U.S., and as a result, its bragging rights. Continue reading

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BYD Electric Cab Fire and Three Fatalities not Battery’s Fault

An investigation by the Shenzhen government into an accident and fire between a BYD EV and a Nissan sports car that killed three people in May concludes that the battery pack was not at fault, according to a BYD filing with the Shenzhen stock exchange.

A Nissan GT-R traveling at 242km/h – 150 mph – hit a BYD e6 taxi traveling in the same direction at 81km/h. The first impact sent the cab careening out of control, which then resulted in a second impact into a roadside tree, whereupon the e6 completely burned. The cab driver and two passengers perished. Continue reading

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Spyker Sues GM For $3 Billion Over Blocking Saab Sale to Chinese

In what could be viewed as the legal equivalent of a Hail Mary pass, Dutch automaker Spyker filed suit against GM in Detroit yesterday, alleging that GM forced the Swedish brand Saab into bankruptcy and then blocked a sale of the company to Chinese investors, which would have ensured its survival. Continue reading

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Treasury To Sell More AIG Stock. Taxpayers Still Owed $24 Billion and Hold 53% from Controversial Bailout of Reckless Company

Today, the U.S. Department of the Treasury announced that it expects to receive an additional $750 million from its public offering of American International Group (AIG) common stock. The Wall Street underwriters have exercised their so-called over-allotment option to purchase another 24.6 million additional shares of AIG common stock at the public offering price of $30.50 per share. Continue reading

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