After a lot of arm twisting, and several deadlines set by the US court and the German government, the Opel deal finally is entering the final round – for now. After a suitor has been found, a French woman may spoil the whole wedding. Reuters has it that China’s BAIC has finally done what was expected
Forget Kowalski’s white Challenger, forget Steve McQueen’s Porsche 917K, forget Burt Reynolds’ Trans Am. There’s one movie car that really matters to the twentysomething car enthusiast, and I’m driving a nearly perfect example at full boost up a winding road. After less than ten minutes, my passenger is tired of me rapid-firing quotes at her: “I owe you a ten-second car.” “This will dominate all.” “There’s all kinds of family, Brian, and that’s a choice you’re going to have to make.” Each time I floor the accelerator, there’s almost enough time to spit out another one of Dominic Toretto’s outstanding phrases (“I’M IN YOUR FACE!”) before the boost spools. When it does… watch out.
In June alone, the Dearborn automaker reported an 11 percent year-over-year decline in monthly sales to 148153 cars and trucks , compared to Toyota’s 34.6 percent slide to 131654 vehicles. And this: General Motors Corp. …
Hyundai has been a big winner in the European cash-for-clunker sweepstakes, and they’re preparing their US dealers for another boom. Bloomberg reports that Hyundai is advancing cash to dealers to “cover new-vehicle credits for consumers until the federal government completes rules for the program later this month and begins paying dealers.” And despite NHTSA warnings
Throughout the year beginning in the Spring, automaker will be rolling out several pure electric and plugin hybrid models. Mitsubishi and Nissan appear to be leading the way with Ford and Toyota following. … their vast consumer societies are forces to be reckoned with as their cars begin to appear on American highways. Thus, the forecast I gave is just a generalized overview, with room for additional changes too. See Also — Coda Automotive Introduces All Electric Sedan …
Although there’s nothing routine about him, John Wolfe is a stand up guy. A regular here at TTAC. A shining example of our Best and Brightest. While I’m trying to keep the word “fire” as far away from this sentence as possible, I think we can all admit that even the most insightful commentator hereabouts
ZHANG: As Japans economy slows, Honda Motors is cutting back on extra expenses. Heres more. STORY: Japan’s No. 2 automaker Honda is pulling out of Formula One racing, in a road sign of tough economic times. CEO Takeo Fukui, who joined Honda because of its F1 ties, said Friday the tough decision to leave the racing track was dictated by the financial considerations. [Takeo Fukui, Honda Motors]: “This difficult decision has been made in light of the quickly deteriorating operating environment …
Now he’s president and CEO of Bright Automotive , an Anderson, Ind., start-up that’s recruited many EV1 veterans to help develop a new generation of hybrid trucks and cars . “It’s the wealth of experience of our people that will make this …. POST-TROUGH, THE U.S. AUTO industry at least will look a little greener. Besides start-ups, the traditional US automakers are moving to hybrid models. Ford’s new Fusion hybrid is doing well in showrooms today, relatively speaking. …