Globally, auto makers spent $17.6 billion on expanding manufacturing facilities – and none of that was spent in Canada.
Via Zero Hedge, we have a listing put up by the Italian government of 1,500 luxury cars that are being auctioned off. Italy, which is deep in the throes of austerity, is doing the wise thing from an optics perspective, as the cars have come to symbolize government waste and unnecessary opulence.
Rep. Ileana Ros-Lehtinen (R-FL) took to the House floor last night to speak on behalf of her recently-introduced resolution, House Resolution 488, a resolution “supporting the people of Venezuela as they protest peacefully for democratic change and calling to end the violence”.
Following her was Representative Steve King, a Republican from Iowa. In his monologue to democracy the congressman brought up a (legal) trip he took to Cuba where he got to ride in one of Cuba’s finest taxis – a 1954 Chevrolet powered by “a Russian diesel engine”, the driver of which who also happend to be a doctor. Such communism. Very Russian. Much oppressed. Below is a clip from his speech compliments of CSPAN’s awesome Create Clip Option.
FCA CEO Sergio Marchionne took to The Globe and Mail‘s editorial pages to make his case for government investment in Chrysler’s assembly plants in Canada. Marchionne is seeking government funds to upgrade the Brampton plant (which builds Chrysler’s rear-drive cars) and the Windsor plant (which builds minivans, and would be upgraded as a flexible plant) as part of a $3.6 billion investment.
With Canada’s federal government set to increase its own Auto Innovation Fund by $500 million CAD, a report by The Globe and Mail’s Greg Keenan now claims that Chrysler will look for as much as $700 million in government funding as part of a $2.3 billion investment in its Windsor, Ontario manufacturing facilities. In addition, the increased sum would also see funds allocated to the Brampton, Ontario plant that builds the Chrysler 300, Dodge Charger and Dodge Challenger
U.S. Transportation Secretary Anthony Foxx told Automotive News that U.S. regulators will soon begin working on telematics regulations that will require new cars and light trucks sold in the United States to be equipped with systems for vehicle to vehicle communications. The impetus is safety, as the telematic systems can be integrated with semi-autonomous crash avoidance systems.
Foxx didn’t set a date when the mandate would become effective, but he made it clear that he supports the technology, calling it a “moon shot” and saying that it could prevent 70 to 80 percent of crashes involving drivers that are not impaired. (Read More…)
Speaking at the Washington (D.C.) Auto Show, U.S. Energy Secretary Ernest Moniz said on Wednesday that part of reviving the dormant Advanced Technology Vehicle Manufacturing loan program may involve making suppliers as well as automakers eligible for the more than $15 billion allocated for the ATVM program that was never loaned out. The program stalled 2011 after the high profile failures of two loan recipients, Fisker Automotive and Vehicle Production Group. Of the other three recipients of ATVM loans, Tesla repaid its loan early and Ford and Nissan continue to pay down their debts on schedule. (Read More…)
While the rest of the 5,200+ media-pass holders bounced from one laser light show to another, I and Raphael Orlove ( of Jalopnik) ventured north to cover a very different automotive event. There would be no makeup counter girls, no automaker swag and the coffee came from a vending machines not Italian espresso machine. We were headed to an automotive regulatory meeting that was scheduled to take place at the same time as the Acura reveal.
An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.
Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.
The United States Department of Energy will today auction off Fisker Automotive’s loan from the federal government, on which the moribund hybrid car startup defaulted. Last month the department said that it would hold the auction after “exhausting any realistic possibility” that it could recoup all of the $168 million still that Fisker still owes.
The diesel powered version of the Mazda6 will be delayed until April of 2014 in the United States, and if you believe Mazda, the delay is meant ”to accommodate final emissions testing and certification.” But prior reporting by TTAC on the matter shows that this is far from the only hiccup faced by Mazda with its oil burners.
What you see above is a picture of the Chinese “Dong Feng 21D,” or “DF-21D.” A new Anti-Ship Ballistic Missile being produced and fielded by the People’s Republic of China.
China has become an area of tremendous potential for companies as the nominally communist country has embraced capitalism. The hybrid result, according to Ford CEO Alan Mulally, is in some ways an improvement on what’s been a pretty sluggish and inefficient democratic process elsewhere in the world.
The news that the police departments in California routinely scan and record license plates to create a database that can be used to retroactively track any driver’s motions and activities broke at political and civil liberty websites and is now percolating through the autoblogosphere. Jack Baruth wrote about it here at TTAC yesterday. Jalopnik has picked up the story today. Like the current issue over NSA monitoring of electronic communication involves balancing national security with Americans’ privacy from government intrusion, recording and tracking license plates can be a useful tool in solving crime but it also seems contrary to American values and rights like freedom of motion and freedom from random surveillance without probable cause. Still, if I had a vote on the matter, since law enforcement in this country hasn’t exactly had a sterling record in protecting civil liberties, I wouldn’t trust them with this technology. Who knows how the political system will eventually deal with this news, but in the meantime remember that for every technology there is some way to defeat it. In this case, it might even be legal. (Read More…)