When former TTAC Editor-in-Chief and now Editor emeritus Edward “Op-Ed” Niedermeyer wrote an op-ed in the Wall Street Journal and warned that GM’s center of gravity shifts more and more to China, GM’s retired multi-role fighter Bob Lutz reamed Ed via Fortune. Now, Bob Lutz himself appears to be an accessory in a deal that transfers U.S. government-financed technology to China for pennies on the dollar. Says Deepa Seetharaman, in-house alternative drivetrain expert at the Reuters Detroit office, in her in-depth article: Read More >
Scaling back from its former intentions of becoming “China’s No. 1 automaker by 2015 and the world’s leading car maker by 2025,” China’s BYD now wants to become a world-class fish in Hong Kong’s taxi pond. Read More >
China’s CAAM released April sales today, and as indicated by GM’s good April showing, results are good. Sales of all automobiles are up 13.38 percent to 1,841,700 in April. Treat other reports with caution, many are the usual confusion of passenger vehicles and all cars. In China, there is a huge difference. Read More >
It’s not quite the all clear, but Japanese automakers (and their government-owned Chinese joint-venture partners) breathe a bit easier after receiving April sales numbers for China. Numbers had been down severely after last September’s anti-Japan riots. Latest “figures suggest that the firms are closer to recovering their lost sales,” says The Nikkei [sub]. Read More >
Forward contracts on popcorn skyrocketed at the Chicago Mercantile Exchange as former TTAC Chief Editor Ed Niedermeyer drew massive fire for his recent op-ed in the Wall Street Journal. On Sunday, GM’s PR Chief Selim Bingo blasted Niedermeyer for “stepping through the looking glass” and for “carelessly comparing GM’s spending in China to that in the U.S.”
While GM’s head-flack Selim Bingol was swearing at Ed Niedermeyer, and that it’s not true that GM is sending its money to China, GM’s Chinese operation again outsold America. GM China sold 261,870 units in April, up 15.3%. In the U.S., GM sold 237,646 in April. In the first four months of the year, GM sold 821,707 vehicles stateside. Meanwhile in China, it sold 1,078,243. Read More >
Even after Ed Niedermeyer put on coat and tie as proper attire for our Via Dolorosa to GM’s towers, GM’s Über-PR Chief Selim Bingol did not like him. “We don’t negotiate with terrorists,” said Bingol, frustrating my naive attempts at fence-mending. Instead of being sent to Gitmo, one of the terrorists writes frequent op-ed pieces at the Wall Street Journal, causing Bingol to go on the counter-attack. Read More >
Our beloved Ed Niedermeyer is back in the Wall Street Journal with another op-ed, entitled “Welcome To General Tso’s Motors”. I’m sure you can all figure out the gist of it. Check it out here. Anti-GM-bias police, grab your defibrillators.
Thousands of Chinese have to say zai jian (good bye) to a cherished symbol of wealth and power: Their white military license plate. “China’s new leadership is seeking to dismantle a system of privilege which has allowed the drivers of military vehicles to do as they please on the road,” writes Reuters. “On Sunday the Chinese military began replacing license plates on its cars and trucks to crack down on legions of vehicles, many of them plush luxury brands, which routinely break traffic laws and fill up with free gas.”
Don’t think these “military vehicles” were all drab and green. Read More >
News of GM potentially exporting cars from China to the United States in the near future has some wondering if the General will be the first OEM to sell Chinese made cars in the United States. One can have a diverse array of opinions on the political, social and economic impact of such a move, but from a product standpoint, it may not be such a bad thing.
American consumers may have been robbed of a chance to buy the Mahindra pickup, but how about one from Great Wall?
Meet Brad, Sheena, and Nacho! They are in “the midst of a life-defining campaign to travel around the world”. But they’re afraid to enter Pakistan. Apparently they thought they could travel around the world without visiting any scary places, presumably because their parents didn’t buy them any Jules Verne books. They’d rather drive through China and maybe hang with our Editor-in-chief a little bit, who knows. The cost for that little unplanned detour is nearly twenty thousand dollars. That’s where you come in — helping them make their life-defining campaign as safe and easy as possible.
What? You’re not eager to do this?
The 2014 Cherokee could be the first Jeep produced in China in nearly 6 years. Jeep CEO Mike Manley said that the Cherokee was an “obvious choice” for local production, as Jeep looks to expand its customer base in China.