Tag: un

By on April 26, 2019

Mercedes-Maybach S 650 Pullman

Daimler, maker of top-end Mercedes-Maybach automobiles, is on the hot seat after North Korean leader Kim Jong Un was spotted scooting around in brand new armored limos at recent international summits.

Sales of luxury automobiles to the despotic regime are banned under a UN Security Council resolution passed in 2013, and Daimler does not count it as one of its customers. Still, the country’s leader travels in uncompromising Germanic style. (Read More…)

By on October 6, 2015

jeep_j8

Jeep is a pillar of financial strength for FCA. The brand is poised to deliver its sixth consecutive year of growth. Even if you despise the Compass and Patriot, it would be difficult to argue that Jeep CEO Mike Manley has been anything but a good steward of the brand.

But how is Jeep going to keep its 6,500 UAW members in Toledo working after 2017 when the Cherokee departs and there’s a gaping 240,000 unit hole to fill? Uncertainty over how this gap will be filled, in conjunction with the failure of union negotiators to eliminate the two-tier wage system, were the primary factors in a strong no vote from UAW members in Toledo last week. Nonetheless, FCA has a unique opportunity to address their workforces’ legitimate concern over job security, give consumers what they want, and find new homes for Jeep products across the globe.

(Read More…)

By on February 8, 2013

Every Canadian consumer knows that when it comes to new car prices, we get screwed. Yes, Canada is a small market with higher taxes. It costs more to do business here in part because the high distribution costs can’t be amortized over 300-odd million people. In addition, things like metric instruments further complicate things.

But then there’s the question of why a Toyota RAV4, built two hours outside of Toronto, costs $2,890 less in Hawaii than it does in Canada. Why does an Oshawa-built Camaro demand a $4,685 premium in Canada? Where does BMW get off charging a $19,300 premium in the Great White North for a 535i xDrive, a 38.9 percent increase over the U.S. sticker?

(Read More…)

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