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…)
Categories:
Tag: Wanxiang
Battery maker A123 was sold to China’s Wanxiang Group, but the company won’t come with more government money. The DOE won’t give A123 Systems Inc. the balance of a $249 million grant, a department official tells Reuters. Wanxiang, in the meantime, let it become known that it did not ask for the grant money, and that it did not anticipate receiving it. (Read More…)
Wanxiang Group, China’s largest maker of auto parts won the auction for A123 Systems, Reuters says. The maker of batteries for electric cars was funded partly with U.S. government money, but went bankrupt nonetheless. (Read More…)



Recent Comments
RobertRyan - This sort of comment has annoyed a lot of people. if it was the US and he said the F150 would now be built totally...
RobertRyan - Either way Ford was losing. Its imported vehicles are not the saviour they thought they would be and Ford Australia...
ydnas7 - There are many reasons for Ford’s failure in Australia Key among them is failure to anticipate OR respond to the...
Geekcarlover - They may have planned to make it available in 55, but I think it took a year or two to make it to market. My Mom’s second husband had a Fairlane (58 I think)...
Ron B. - We the Australian tax payers can say with a lot of Authority that currency manipulation and hand outs are the last thing...
RobertRyan - This has caused a lot of angst. Here is an article that appeared in todays SMH. Ford has been struggling with...
jz78817 - “I agree that the mudslinging is getting old.” says the guy still holding a handful of mud.
gslippy - I didn’t know Mr. Lang was gone; now I do, and why. I don’t read Jalopnik, so I don’t care what happens there. TTAC...
DeadWeight - The new Accord, and especially, the new Mazda 6, are more than class competitive with any Detroit (or German) vehicles. I very much disliked...
jz78817 - is this one of those intentional misuses of the word “irony” a la Alanis Morissette or is it “irony” as in...