Category Archives: news analysis

Sumitomo to Make 30 Minute Quick Charger for Nissan Leaf

Nissan previously announced a joint promotion of a DC Quick charger with Sumitomo. The newly developed DC quick charging unit retains the high performance of current quick chargers but is nearly half the size – making for an easier installation. Continue reading

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Honda to Show AC-X Plug in Hybrid at Tokyo Motor Show

The Number Three Japanese automaker – and perennial second place hybrid sales leader behind the clear leader Toyota – says the next-generation plug-in hybrid vehicle offers a more comfortable time in the vehicle during all driving situations, from urban to long-distance driving. Continue reading

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Chevrolet’s All-New 2013 TrailBlazer Debuts in Dubai

The next generation TrailBlazer combines the hauling and towing capability of a body-on-frame SUV with what’s claimed to be the ride comfort and efficiency of a crossover. In other words, it’s a traditional American truck although it was developed along with the all-new Chevrolet Colorado pickup by GM do Brasil. While GM has announced the return of the Colorado to the U.S., but has not confirmed the TrailBlazer will join it, which seems an easy, though potentially cannibalizing, addition to the showrooms. Continue reading

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GM Q3 Earnings of $1.7 Billion, Most from North America

Virtually all of the Q3 earnings came from North America – $2.2 billion, where Japanese competitors were largely out of the market during the period because of the Japan earthquake, which allowed GM to increase prices. GM Europe lost money; GM South America broke even; and International Operations – home of the booming China market – made $400 million. Continue reading

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Milestones: Ford EcoBoost 3-Cylinder Startup in Cologne

Ford President and CEO Alan Mulally today launched volume production in Cologne of Ford’s smallest gasoline engine – a 1.0-liter EcoBoost engine that will debut in Europe in early 2012. Eventually variants of the three-cylinder, turbocharged, direct injection gasoline engine … Continue reading

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EPA Ordered to Check State Plans Cutting Haze Pollutants

EPA initially issued a rule in 1999 requiring states to submit regional haze plans. These plans were due in December 2007. National Parks Conservation Association and other environmental groups sued the agency in August 2011 to take action on these plans. Today’s consent decree resolves the litigation. Continue reading

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Biofuels Now in Commercial Use at United and Alaska Airlines

The use of aviation biofuels looks promising since it was pushed forward by the Commercial Aviation Alternative Fuels Initiative (CAAFI) established by the Federal Aviation Administration, which has been working to find sustainable fuels for airlines since 2006. As always the issues remain cost, and potential negative effects on global food supply. Continue reading

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GM Moves Canadian Healthcare off Balance Sheet to Trust

This means that GM Canada is free from any obligations associated with the cost of providing retiree healthcare benefits for eligible CAW represented retirees, surviving spouses and dependents. In exchange, GM Canada will transfer C$0.8 billion in cash and issue C$1.1 billion of notes to the HCT.

In its Q2 earnings GM had obligations of $4.7 billion in debt, $5.5 billion in preferred stock (U.S. government owns 26.5% of GM), $10.8 billion in unfunded pensions, and $10 billion in other post-retirement employee benefits. It’s not clear how GM is going to fund these. It looks like issuing more common stock is not feasible given current share price of ~$24, far below the IPO price of $33 and its high of $39.48. GM will report Q3 earnings tomorrow. Continue reading

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Honda Unveils new ASIMO Robot – World Debut of Autonomous Control – Production and Public Use Near?

Honda Motor Company today unveiled an all-new ASIMO humanoid robot equipped with what Honda claims is the world’s first autonomous behavior control technology. This means the all-new ASIMO can now continue moving without being controlled by an operator. In theory, with this improved artificial intelligence and the physical ability to adapt to situations, ASIMO is close to practical public use. How close production is remains to be seen. Continue reading

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Toyota Loses ¥33 Billion in First Half FY 2012. Scraps Forecast

In North America – Toyota’s second largest market – vehicle sales totaled 689,000 thousand units, a decrease of 352,000 units compared to the same period last fiscal year. Operating income decreased by ¥84.4 billion to ¥61.5 billion, including ¥15.6 billion of valuation gains/losses on interest rate swaps. Operating income, excluding the impact of valuation gains/losses on interest rate swaps, decreased by ¥109.8 billion to ¥45.9 billion. Continue reading

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GM China Sales Set October Record – Surpass U.S.

During October 2011, sales by GM in China surpassed 2 million, reaching 2,113,274 units – more than the 2,000,000 units it has sold in the U.S. ytd. Two of GM’s manufacturing joint ventures surpassed 1 million annual sales in China, with Shanghai GM’s sales totaling 1,009,536 units and SAIC-GM-Wuling’s sales coming in at 1,053,196 units. This was the earliest in their history that GM and its joint ventures reached these sales milestones. Continue reading

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EPA to Study Hydraulic Fracturing Effects on Drinking Water

The U.S. Environmental Protection Agency (EPA) has announced its final research plan on hydraulic fracturing, a controversial technique used to extract natural gas that critics maintain has a huge negative impact on the environment with costs passed on to the public by energy companies. Proponents of natural gas maintain that it is a cleaner fuel than oil, and the Federal government is subsidizing vehicles that use it. Continue reading

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The Film – Chevy 100, An American Story – Debuts in Detroit

Do not confuse this Chevy 100 infomercial with other serious documentaries sponsored by GM and produced by Ken Burns during his long association with the largest automaker in the U.S. Chevy 100 lacks an organizing theme – other than it’s time to sell more Chevrolets. Instead, Chevy 100 is comprised of sporadic observations along with snapshots of the history of the brand, supplemented with large amounts of quick-cut contemporary footage from collectors clubs and fawning owners. Be forewarned, you will not see the history of Chevrolet, or the history of the automobile in U.S.A. that Chevrolet is such a significant part of, given justice in this treatment. Continue reading

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Ford Taking Orders for 2012 Focus Electric at $39,995

No lease is available, so a typical payment to buy – with $4,000 down for 48 months – is almost $800 per month at Ford’s 7% interest rate. The gasoline Focus starts at just over $17,000. This means that the sales volume of the EV will likely be limited to a few enthusiasts. And Focus Electric also faces tough competition from the Nissan Leaf, which can be leased for about $400 a month. Continue reading

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Toyota to Export U.S.-Built Sienna to South Korea. FTA that UAW Supported, Also Helps Non-Union Plant Exports

The Korea FTA is opposed by all organized labor groups, except the United Auto Workers Union, which in the view of critics sold out organized labor for the promise that 75,000 UAW-built vehicles would be exported to Korea. Thus far Ford and General Motors, all with new four-year UAW contracts, have not announced plans to export to Korea. Continue reading

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