Porsche Salespeople To Be Taught Manners
Porsche salesfolk in Germany may have to go to school again. On the curriculum: Manners. Getting up while greeting a customer may not be a bad idea. Porsche sales in Germany grew 17 percent from January through October. In November, sales were up only 0.1 percent compared to the prior month. Immediately, alarm bells rang at Porsches new owner Volkswagen, says Der Spiegel.
Opel Really Needs A New CEO. Badly
Opel will remain a money draining leak in the mother ship for the foreseeable future. This is one conclusion after reading an interview given by Opel’s interim CEO Thomas Sedran to Germany’s Wirtschaftswoche. Another conclusion would be that Opel needs a chief.
Sedran is “sure that we will be profitable by mid-decade,” but this is an easy claim for any Opel CEO. Even non-interim chiefs of Opel have a very short shelf life. The plans revealed by the former management consultant (Roland Berger, Alix Partners) don’t sound like Opel will be profitable in this century.
What Does Not Kill Us, Makes Us Stronger: Volkswagen Survives Nicely, Thank You
Volkswagen shows yet again that you are not automatically doomed just because you are a Europe-based carmaker. Its global group sales are up 10.4 percent to 8.29 million units from January to November, after a 11.7 percent rise in November.
German Government: No Bailout For Opel, Management To Blame
A day after GM’s announcement to close down most of its Bochum plant, Germany’s vice chancellor and economy Minister Philipp Rösler blamed GM’s management for Opel’s misery. German carmakers like Volkswagen, BMW or Daimler are relatively unaffected by the European contagion, because they are successful in export markets. “It has been a mistake that Opel was more or less kept out of the growth market China,” Rösler told the Rheinische Post. “There will be no financial help, because it won’t solve the management problems.”
Opel Takes Steps To Close Bochum
GM’s Opel will cease building cars at its German Opel plant. After 2016, no complete cars will roll off the lines at the 50 year old plant. Opel will keep a logistics hub in Bochum. The plant will continue making yet undefined components, Opel’s interim boss Thomas Sedran told German media today.
Poor Man's MQB: Opel's Next Gen Insignia Will Be An Astragnia
Opel is bleeding money and has to save at all costs. Opel hoped to share development of the next generation Insignia with PSA , but that was called off before it was even announced. According to German media reports, Opel engineers quickly developed a more cost effective solution: A head transplant.
Volkswagen And FAW Kiss, Make Up, And Stay Married For Another 25 Years
In February 1991, Volkswagen signed its second Chinese joint venture deal with First Automobile Works (FAW) in frigid Changchun in Northern China. This deal, and the older JV with SAIC turned into the cornerstone of Volkswagen’s world domination plans. In no country does Volkswagen sell more cars than in China – and it wants to double the current number in a few years. Written for a 25 year term, the joint venture with FAW would end in 2016. It won’t. It has been extended for another 25 years.
The old contract is still good for a few years, so why the rush? Well, there was that other matter.
BMW Maximizes Mini Investment. With The Mini Paceman
BMW will enter marketing history by bringing McDonalds to the automotive industry. Just like McD took one food platform as the basis of a panoply of products (Hamburger, Cheeseburger, Double Cheseburger, McDouble, Daily Double) BMW’s MINI perfects the art and science of mass customization. The latest iteration: The long awaited Mini Paceman, debuting for North America at the Los Angeles Auto Show.
Smart Is Winging It In LA
Smart asked fashion designer Jeremy Scott to come up with a special version of the smart fortwo electric car. Much to the horror of Daimler engineers who were used to fashion designers submitting patches of interior materials and color schemes, Jeremy Scott did put his trademark on the car: Wings, sprouting on both sides, and likely wreaking havoc with the CW coefficient.
Volkswagen Spends Itself Through The Crisis
One of the reasons for Volkswagen’s current strength dates back four years. During the carmageddon of 2008 ff, multinational carmakers such as GM and Toyota drastically cut back investments into new cars and technologies. Volkswagen did not change R&D spending. Four years later, this translates into a host of new models, and revolutionary platform architectures (MQB, MLB, MSB) that promise even more new models at lower cost.
GM Wants South Korean Workers To Go – Voluntarily
GM wants to thin out its South Korean workforce while shifting production to Europe’s higher-wage locations. Korean unions already see it as a declaration of war.
Volkswagen Accelerates In October, But Won't Unseat GM
Despite a tough situation at home, the Volkswagen Group continues to power ahead in the global markets. Volkswagen increased its global sales by 14.6 percent in October. For the year, Volkswagen delivered 7.5 million units worldwide, up 10.2 percent. In China, Volkswagen is nipping at GM’s heels, but does not seem to be able to overtake the General.
GM Won't "Cut and Run" From Opel: Akerson
GM CEO Dan Akerson re-affirmed his committment to Opel while speaking at company headquarters in Ruesselsheim, Germany.
Experiment Shows: Mini Most Powerful Babe-Magnet
An experiment conducted in London shows that the new MINI is the world’s strongest babe-magnet. This 2012 MINI attracted 28 very skinny and flexible ladies.
Hot Sleds: BMW Seeks To Improve Chances Of U.S. Olympic Team - Rough Sledding Ahead
By way of one of its usual trademark flowery press releases, BMW says it is developing a new two-man bobsled for use by Team USA in the Sochi 2014 Olympic Winter Games.