Piston Slap: New Life for Old Tooling… Or Not?

TTAC commentator Halftruth asks:

Hey Sajeev,

This question came across my mind recently whilst reading all of the sedan death watch articles on TTAC. What happens to all the tooling and hardware when a model is discontinued/killed off? Can any of this stuff be recycled/redeployed?

Consider the Chryco 200, discontinued after 2 years. Will FCA mothball that stuff or throw it out or… something else?

Read more
Hey, That's My Bike! Sale of Ducati Shelved by Audi CEO

Like an overspending spouse whose partner has commanded they sell their toys to pay off debts, Volkswagen put all its options on the table earlier this year in a bid to raise some cash.

After mulling a sale of Ducati during the darkest days of Dieselgate, VW now plans to hang on to the brand. Recently taking action to curb costs and cut red tape, chief executive Rupert Stadler said the company is “gradually increasing our financial and organizational leeway.” Sounds like VW has found a few more coins amid the couch cushions.

Read more
GM to Suppliers: Open Your Factories, Books If You Want Long-Term Business

If you’re a parts supplier to General Motors, you have two choices: bid for business as it comes up or open your books and factories to skip the bidding process.

According to Automotive News, the latter option is part of GM’s One Cost Model launched in 2013, allowing the automaker to analyse a supplier’s internal cost data to identify cost-cutting opportunities. In exchange, suppliers can receive exclusive parts contracts that can last the lifecycle of a model and GM will not put that particular piece of business up for bid.

This all requires a significant amount of trust from suppliers, a commodity which has been lacking at GM since the ’90s.

Read more
Analysis: Tesla Q1 2013 Results

Tesla Motors, Inc. released its first quarter financial results yesterday, which featured a number of milestones for the auto maker. Among them, Tesla’s revenue rose 83% from the last quarter to $562 million, a record high for the company.

Read more
Aptera Ouster And Product Delay Confirmed

After we posted our take on the reported ouster of EV startup Aptera’s founders, Popular Mechanics jumped in to deny the charge. The magazine dutifully reported that Aptera’s founders had conveniently decided to take a vacation, unquestioningly citing the assertions of Aptera CFO Marques McCammon. But it seems the underlying conflict– whether to go to market with the existing product or cut costs while waiting for federal funding to produce a redesigned vehicle– has been resolved in favor of Aptera’s new auto industry insiders. A company press release confirms that the 2e has been delayed until 2010, indicating that the lack of federal funding (or some unanticipated private investment) is the stumbling point. The situation with Aptera’s founders, however, is still something of a mystery. And it’s not the only curiosity to be dredged out of Aptera during this challenging interlude.

Read more
GM's Monday Earnings Report: Mind The GAAP
Were you looking forward to GM’s first post-bankruptcy financial report, set to be released on Monday? We sure were. Right up until we read that the ea…
Read more
  • B-BodyBuick84 Mitsubishi Pajero Sport of course, a 7 seater, 2.4 turbo-diesel I4 BOF SUV with Super-Select 4WD, centre and rear locking diffs standard of course.
  • Corey Lewis Think how dated this 80s design was by 1995!
  • Tassos Jong-iL Communist America Rises!
  • Merc190 A CB7 Accord with the 5 cylinder
  • MRF 95 T-Bird Daihatsu Copen- A fun Kei sized roadster. Equipped with a 660cc three, a five speed manual and a retractable roof it’s all you need. Subaru Levorg wagon-because not everyone needs a lifted Outback.