Thank you, God, or make that Uzume, for keeping me alive long enough so that I can announce this: The Governator himself, that Austrian incarnate of Red, White, Blue, Mom & Apple Pie, has received a starring role in China’s Xinhua newswire:

“California Governor Arnold Schwarzenegger announced on Friday that Chinese manufacturer BYD Auto Company Limited (BYD) will locate its North American headquarters in Los Angeles.” (Read More…)

Nissan does not condone the comments made by this particular employee. While seemingly well-intentioned, many of the remarks are regrettable and do not represent the company’s views. Nissan’s policy regarding internet commentary is that an employee’s personal opinion must be preceded by a disclaimer that identifies their remarks as such and not necessarily the views of the company.

Ruh Roh!

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One of the strangest phenomena of the revived retro muscle car wars is the renewed emphasis on V6 performance. Once derided as “Secretary Specials,” the V6 versions of the Ford Mustang and Chevy Camaro now make upwards of 300 horsepower, while earning EPA highway ratings that surpass the 30 MPG mark. But if these latter-day [...]

To stay alive, Opel wants to scale down. The factory in Antwerp is being closed. With amazing results for Opel’s bottom line: Closing the factory costs GM around €400m ($532m) in termination benefits. GM and the unions reached an agreement on the termination benefits earlier this week, reports Reuters. There are 2,600 workers in Antwerp. Now do the math: $532m divvied up amongst 2600 workers is a little bit over $200,000 per worker. Ouch! Wait, there is more pain … (Read More…)

[Editor's Note: The following farewell message from GM Vice Chairman "Maximum" Bob Lutz was published today at GM's Fastlane blog. In honor of Lutz's larger-than life presence on the American auto scene, we are republishing his official goodbye in its entirety. Thanks for the memories, Bob!]

As I mark my last day at General Motors today, I want to say a special thank you and farewell to the loyal readers of FastLane.  This blog would not have been the success it has become without you, and I’m sure you’ll continue to read the many interesting posts about GM and its vehicles that will follow on these virtual pages.

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Expo-nential growth

While (usually foreign) analysts are dead worried about the Chinese car bubble to pop and never to be seen again, Chinese car companies are happily raking it in. Western companies, mortgaged to the hilt, or on government life support, are developing a serious case of China-envy. (Read More…)

Personally, the lack of a blue “Mark of Excellence” was the last thing I noticed about GM’s latest advertisement. Over at GMInsidenews.com, however, they picked up on it a little quicker. GM’s trademark “chiclet” has already been removed from all of its future vehicles, and Cadillac has publicly announced that it’s distancing itself from the GM name. In fact, post-bankruptcy, everyone at GM has said that the “GM brand” should take a backseat to Chevrolet, Buick, Cadillac and GMC. But will The General go as far as get rid of its little blue box altogether?

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Germans are ready to buy an electric car. Under conditions: The car must come with a justifiable price, and with the performance one expects from a common ICE. In other words: Forget about it. Nein. (Read More…)

With over 8,000 pre-orders already logged, Reuters reports that Nissan is well on its way to selling out its capacity-constrained, 25,000-unit first-year production run of Leaf EVs. Better yet, Nissan’s North America director of product planning and strategy Mark Perry says that, with those sales volumes, the Leaf will actually turn a profit for Nissan. He tells Reuters:

We are making money at the price that we announced. We priced the car to be affordable. We priced it for mass adoption

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You can already buy a BMW 3-Series in sedan, coupe, station wagon and X3 “cute-ute” bodystyles, and for some automakers that might be enough. For niche-crazed BMW though, it’s just the beginning. A 3-Series GT is planned in the mold of the 5-Series GT, as a midway-point between the coupe, sedan and station wagon versions. You know, in case you can’t decide which you want. “This has never existed!” screamed Autobild… back in 2008. Of course, now it does exist in the form of the 5-series GT, which could actually end up replacing the 5-series wagon in the US market. And as the march of the niche vehicles rolls onward, there’s one more segment that the 3-series architecture still hasn’t capitalized on: the jacked-up midway point between coupe and SUV. That’s right babies, the X4.

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