#CammyCorrigan
Honda Fit Hybrid. Not NA Bound. It's All In the Numbers
Since the recession, I’ve been paying attention to my finances. I’ve re-negotiated my mobile phone plan, changed gas and electricity suppliers and cut my pay-tv package down. I then started to look at driving costs. I re-negotiated my car insurance, but the real saving was in fuel costs. How do I cut the use of an expensive commodity? I did contemplate changing my little 6 year old Toyota Yaris for a hybrid. Whilst I was doing the math, a story was emailed to me.
Toyota's Latest Japanese Export: Volume.
A couple of days ago I wrote about how Peugeot is looking to South East Asia for the next area of big growth. I also mentioned in the article how Peugeot will have a tough time trying to crack that market. Toyota, Honda and Nissan already have a pretty tight grip on that area. Well, it appears that Toyota has put forward their first defensive stroke.
Testing Times For Toyota Aren't So Testing?
When the whole “acceler-gate” scandal broke out, there were, pretty much, two reactions.
1. OH MY GOD!!!!!! STOP DRIVING YOUR TOYOTAS!!!!!! WE’RE ALL GOING TO DIE!!!!!!!!
And 2. Witch-hunt. Witch-hunt. Witch-hunt!
Well, irrespective of who was right, an investigation of the whole affair needed to happen. The US government did an investigation of their own and didn’t like the results. But Toyota also did an investigation of its own. They found something.
Go GM! Says Toyota
Given the controversy of the Volt (earned or not), GM is being closely watched from all angles. Some people think that GM hasn’t changed. Others think that this may delay GM’s IPO. But, ironically what hasn’t changed, despite the witch-hunt of GM’s owners, is Toyota’s unwavering support of GM.
Spicy Porsche Stories: Not So Fast, Herr Winterkorn…
Approximately two weeks ago, I reported how Volkswagen CEO, Martin Winterkorn, confirmed that Porsche was going to bring us a new, smaller SUV. A sort of younger brother to the Cayenne called the “Cajun”. Well, it appears that the “Cajun” and few other things aren’t so clear cut. Either that or someone doesn’t value their career at Volkswagen. Or rather Porsche.
Lincoln Dealers: An Endangered Species?
A few days ago Ford reported that 35 percent of the Lincoln dealers are superfluous and should be sent out to pasture – to avoid the word “cull.” The metro areas appear to have a particular overabundance of Lincoln dealers. According to Mark Fields, President of Ford Americas, this is where “the efficiencies” need to come from. The news didn’t go down too well. The Freep quoted one dealer. “It was a somber day,” said Larry Taylor, Lincoln-Mercury dealer near Dayton, Ohio, “I’m secure. But there are some guys who have had a store for 50, 60 years who are going to have to give that up.” Mark Fields, President of Ford Americas is adamant: “We are fully committed to transforming Lincoln into a world-class luxury brand.” Now Ford is upping the ante against uppity Lincoln dealers.
A Nice Chat With Alan, The Ford Guy
GM: We're Staying In Luton, The French May Go
A few months ago I reported how Renault was planning on pulling out of IBC Vehicles (a joint venture between Nissan, General Motors and Renault) so they could take production of their Renault Trafic van to their underutilized plant in Sandouville, France. This would have left IBC Vehicles in trouble as valuable volume would have left the plant in a precarious position. Well, it seems IBC Vehicles can now afford to say “Au Revoir” to Renault.
Japan And Germany Serious About 3-Way Tie-Up
When Renault, Nissan and Daimler all tied up together many people thought this was just a symbolic gesture. The venture may help each other out in designs and joint ventures, but personally, I didn’t see anything of real substance happening from it. Well, it seems that Nissan and Daimler are taking this cross holding seriously. Very seriously.
Iran Threatens To Bankrupt Peugeot
With sanctions piling up against Iran because of their nuclear ambitions, Iran is getting more and more isolated on the world stage. They need to assert their authority and let the world know they won’t be pushed around. And they may have found a way of doing it according to the Iranian Student’s News Agency (ISNA).
Aston Martin's Cygnet. They'll Actually Build It
We all thought it was trick. We all thought Aston Martin was playing an (admittedly) funny practical joke. But no, it was confirmed. The Aston Martin Cygnet (A.K.A The Toyota IQ with a posh badge) has been confirmed for production.
LGBT Motors
TTKN News reports that General Motors has been awarded a top rating of 100 percent in the 2011 Corporate Equality Index (CEI), a survey which is carried out by the Human Rights Campaign Foundation (HRC). This scoring of 100 percent represents the fifth consecutive year that GM scored 100 percent in this survey. They didn’t get that top spot for their stance on Tibet. As a company that is entirely dependent on two governments (U.S. and Chinese) GM wisely kept their nose clean on THAT.
GM Has A Lot Of Junk In The Trunk
As GM’s IPO draws closer, GM (and the government) is doing everything they can to make GM as attractive as possible to the market. The Freep reports that GM is promoting the Volt as much as they can to highlight how much GM has changed. Unfortunately, all it takes is one pesky credit rating agency to undo all that hard work.
Weekend Head Scratcher: Fantasy Car Maker
This week’s “Weekend Head Scratcher” is a little different. It’ll require quite a bit of thought, so pay attention! This week we’re going to play a little game I created. It’s called “Fantasy Car Maker”!
The Toyota Tundra. The Quiche Truck
In news which will shock absolutely no-one, Business Week reports that Toyota and Nissan’s attempts to woo buyers of big pick-up trucks are failing (or failed, depending which way you’re looking at it). “The Big Three successfully beat back the Toyota incursion into the pickup market” said Brian Johnson, auto analyst for UK bank Barclays, “We had expected Toyota would do what they did with cars and take over the market. Their share gains have been frustratingly slow.” As with most things, the devil is in the details. Or in this case, the devil is in the market research.
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