#BertelSchmitt
Open Mouth, Insert Jackboot: Daimler Insults Its Chinese Dealers
Daimler’s new China chief Hubertus Troska committed a possibly deadly mistake. According to Germany’s Automobilwoche [sub], Troska and his lieutenant Nicholas Speeks “accuse their Chinese dealers of laziness and incompetence.”
China Cracks Down On Military Plate Abuse
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.
Opel Abandons Bochum Completely
Bob King’s attempts to ingratiate himself with German unions, and to make Opel’s Bochum workers reconsider their decision to turn down Opel’s restructuring plan, are being ignored. Actually, it appears as if they had the opposite effect. Days after King’s comment, Bochum plant manager Manfred Gellrich rejected new discussions, saying Opel does not want to “waste precious time,” Reuters says. Over the weekend, Opel dropped another bomb: Bochum will be closed completely. A parts depot that was supposed to stay open, will also close its doors.
Car Redux
One (not the) car of the future will be extremely low cost, extremely simple, extremely light, it won’t need maintenance, it will be extremely cheap to fix – or so cheap, that it can be tossed when broken. It could look something like the Me.We, a concept car developed by the French architect and designer Jean-Marie Massaud for Toyota.
Akerson Gets Millions More In Cash To Grease His Exit
Companies – or so they say – pay their executives the big bucks to keep them from leaving, or, in corporate-speak to “retain” them. In the case of GM CEO Dan Akerson, they pay him more because he will leave. Nasty people will say “to make him leave.”
Where Is Currency Manipulation When We Need It: Japanese Complain About A Weak Yen For A Change
The retreating yen allowed Honda and Mazda to report bigger profits for the last quarter of their April to March fiscal year. Now the two are faced with a new problem, one that will also be shared by its Japanese peers: Higher costs of badly needed foreign investments.
Hyundai Creates Killer Ad, Does Not Want You To See It
Hyundai chickened out and took down a clever ad that promotes the zero carbon emissions of its ix35 in a very convincing way: The ad shows a man who tries to commit suicide using a hose attached to the exhaust. The man fails and lives. Instead, the ad was killed.
Nissan Micra Solves Renault's Labor Problems
Folks who are not intimately familiar with the peculiarities of the European auto industry often call Renault a similar basket case as its French rival Peugeot. January through March, both are down in Europe, PSA (-15.3 percent) more than Renault (-8.3 percent), but the big difference is that Renault has a much wider international footprint. What’s more, Renault owns 44.3 percent of Nissan. This international footprint helps Renault solve problems in ways Peugeot can’t touch. For instance, by making Nissans.
The Feds Will Double Their Hybrid Fleet
The Feds will get an additional 10,000 hybrids over the 10,672 they already have, lifting the federal hybrid market share from 5.3 percent to over 10 percent, the Detroit News says.
CAFE Mit Sahne: EU Greenhouse Targets, Now With New Loopholes
European carmakers, faced with greenhouse gas emission targets much stricter than America’s CAFE rules, can breathe slightly easier. According to Reuters, European politicians backed a compromise deal that keeps stringent targets in place, but that also introduces a loophole: So-called supercredits, gained by making very low emission vehicles, such as electric cars, which nobody actually needs to buy. Quota cars, here we come.
New Kia Plant In Georgia? What New Kia Plant?
Yesterday, South Korea’s Financial News said Kia is talking to Georgia state officials about constructing a new plant, called “KMMG 2” with an annual output of 150,000 units. This in addition to the plant Kia already has in West Point, GA. Reuters asked around, and received nothing but denials.
Volkswagen Faces Tough Times, Still Plans World Dominance
“The coming months will be anything but easy,” Volkswagen CEO Martin Winterkorn told Reuters today at VW’s annual shareholders’ meeting. Nevertheless, he still plans to rule the world.
First Quarter Results: Europe Tired, America Wired
The pendulum swings to the U.S.: As expected, Ford turned in higher-than-expected first-quarter profits today, while in Germany, Daimler’s formerly pornographic profits were slashed in half, and Volkswagen stubbornly maintained its outlook despite declining profits.
GM Workers Go On Strike In Brazil
Chevrolet’s Celta, Prisma and Onix models will be in short supply when workers General Motors’ Gravataí plant in southern Brazil go on strike for higher pay and shorter hours. Workers of the plant’s first and third shifts already approved the strike, Reuters says, the second shift is expected to follow suit today.
Bob King Intervenes In Bochum, Receives Cold Shoulder
UAW boss Bob King told Opel’s Bochum workers to vote again, and to this time accept a deal that had been worked out between the German metal worker union IG Metall and GM.
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