November 20, 2009
Every GM Vehicle Sold Costs Taxpayers $12,200, Says National Taxpayers Union
The American taxpayer has put up $12,200 for every General Motors vehicle sold through the beginning of 2011, and $7,600 for every Chrysler vehicle sold as well, according to a new report issued by the 362,000-member National Taxpayers Union (NTU).
The report, The Auto Bailout - A Taxpayer Quagmire, is authored by NTU Adjunct Scholar Thomas D. Hopkins, Professor of Economics at Rochester Institute of Technology. Hopkins held senior management positions in two White House agencies during the Ford, Carter and Reagan Administrations. In the early 1980's, he served as Deputy Administrator, Office of Information & Regulatory Affairs, in the Office of Management & Budget.
Photo: 2010 Chevrolet Silverado 2500 HD LTZ Extended Cab.
"Every time someone in your neighborhood drives home in a shiny new Chevy Silverado, remember that it cost American taxpayers more than $12,000," said Pete Sepp, NTU Vice President for Policy and Communications.
The study found that the average American taxpaying family has invested roughly $800 in the auto bailouts so far. Moreover, the study found, the government support poured into General Motors, Chrysler, and GMAC - the financing subsidiary that supports sales at both - now stands at $78.9 billion. Given that figure, and an estimate of how many vehicles GM and Chrysler will sell through the end of 2010, the study finds that each vehicle one of the bailed-out companies sells costs taxpayers $10,700.
Finally, breaking down the costs by company, the study reports that every Chrysler vehicle sold costs taxpayers $7,600, and every GM vehicle sold costs taxpayers $12,200.
The research is based upon a November study released by the Government Accountability Office (GAO), entitled "Continued Stewardship Needed as Treasury Develops Strategies for Monitoring and Divesting Financial Interests in Chrysler and GM," a follow-up report on the "Troubled Asset Relief Program," as well as statements and reports released from the U.S. Treasury.
The study also found that during the first ten months of 2009, GM and Chrysler sales fell further than other major auto producers, down 33.4 percent and 38.9 percent, respectively.
Photo: US Treasury Department, Washington, DC, USA.
"While the prospect of repayment of GM and Chrysler loans might be expected, after bankruptcy the vast majority of the bailout funds are no longer legal obligations of the newly-structured GM and Chrysler," the study concludes. "If Americans are to believe public officials' claims that the government will eventually reprivatize the auto industry, the necessity of a thoughtful exit plan is essential. However, at this time no such plan exists, making it likely that the Treasury will not recover its investment."
Source: National Taxpayers Union, 108 North Alfred St., Alexandria, VA 22314, USA.
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The names 'GM' and 'General Motors' have taken a beating. But the value of the name 'Chevrolet' has not been affected. It is the same it was 30 years ago.
If GM projects 'Chevrolet' as its flagship brand, it would boost the investors' confidence in the company and would boost the buyers' confidence in all its brands and nameplates.
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Posted by Editors at 8:16 AM
November 12, 2009
Volkswagen Group of America Invests $125 Million for New Dealer Storefronts in New York City
Flagship Audi and Volkswagen dealerships reinforce commitment to U.S. market.
Photo: Volkswagen Group of America Invests $125 Million for New Dealer Storefronts in New York City.
• Volkswagen Group of America, Inc. announced today that it is investing in flagship Audi and Volkswagen dealerships in New York City, as part of its strategic plan to grow business in the U.S. market.
The $125 million deal is for the 265,000 square-foot building formerly housing Potamkin General Motors. The building is strategically sited in the highest traffic area of 11th Ave., making it a convenient location for Volkswagen and Audi customers.
• Volkswagen Group of America, Inc. is a wholly-owned subsidiary of Volkswagen AG, the world's third largest automaker and the largest carmaker in Europe. It houses the U.S. operations of a worldwide family of distinguished brands including Audi, Bentley, Bugatti, Lamborghini and Volkswagen.
"As Volkswagen and Audi move forward on our aggressive plan to increase sales in the U.S., there is no better place to demonstrate our commitment than in Manhattan -- a town synonymous for bold actions and big thinking," said Stefan Jacoby, president and CEO, Volkswagen Group of America. "New York has always been a leading market for the Volkswagen and Audi brands, and these new store fronts will serve to strengthen our business even more. We are proud to be investing in the New York economy, excited to showcase our brands and look forward to seeing more Volkswagens and Audis on the streets of New York."
The new dealerships will showcase Volkswagen and Audi's new showroom concepts, known respectively as "white frame" and "terminal." The dealerships will be part of one of the largest dealers in the area, the Open Road Auto Group. The Group will target to begin selling vehicles in early 2010.
Source: Volkswagen Group of America
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AN AUTOMAKER SHOULD MAKE A POTENTIAL CAR BUYER POSITIVELY LOOK UPON ITS MARKETING.
Should an Automaker make a potential car buyer look upon its marketing as that from an Established, Confident Car Company that believes that its products are very much in demand and that trusts that when someone buys its new car, he or she is already in love with it?
Or, Should an Automaker make a potential car buyer look upon its marketing as that from a Struggling, Jittery Car Company that believes that its products are not in demand and that is why it is forcing the consumers to become artificially interested in them by saying, "If you buy a new car from us and you don't love it, you can bring it back within a specified time, and we we'll refund your money, though, of course, we would do it after a frightening refunding process you would never dare to undergo!"?
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Posted by Editors at 10:26 PM
October 21, 2009
Tokyo Motor Show: Honda CR-Z Concept 2009 Makes World Debut
• Stylish hybrid coupe will arrive in North America in 2010 as 2-seat model.
Honda today debuted CR-Z Concept 2009, the second concept version of the stylish, sporty hybrid coupe, at the 41st Tokyo Motor Show. While the vehicle displayed at the show is a global concept with a rear seat, the production version that will be introduced to North America in the second half of 2010 will be packaged as a sporty, 2-seat hybrid that provides a personal driving experience for North American customers.
"The Honda CR-Z will expand our lineup of hybrid vehicles and reinforce the fun-to-drive values associated with the Honda brand," said Erik Berkman, vice president of Automobile Corporate Planning and Logistics for American Honda Motor Co., Inc. "Beyond great styling and features, CR-Z will bring new levels of engagement and fun to customers interested a small car or a hybrid vehicle."
The production version of the Honda CR-Z will make its world debut at the January 2010 North American International Auto Show in Detroit.
Source: American Honda Motor Co., Inc.
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Posted by Editors at 10:02 PM
October 3, 2009
Renault Twizy Z.E. Concept: Electric, Practical, Innovative
ENLARGE
• Renault Twizy Z.E. Concept is an innovative response to the challenge of urban mobility. With its four-wheel chassis, Twizy Z.E. Concept offers the driver and passenger - seated one behind the other - an all-electric means of transport which produces no CO2 emissions.
Twizy Z.E. Concept is compact, nimble and practical - everything you need in city traffic. The wraparound bodywork creates a safe, reassuring cocoon which offers first class protection for both the driver and the passenger.
Power comes from a 15kW electric motor which develops 70Nm of torque, making Twizy Z.E. Concept versatile and easy to drive. The acceleration performance of Twizy Z.E. Concept in urban and suburban traffic is comparable to that of a 125cc motorbike.
• Technical data
• Motor
Type : Electric
Transmission type : Direct drive with reducer and forward/reverse inverter
Maximum power EEC (kW / hp) : 15 / 20
Maximum torque EEC (Nm) : 70
• Battery
Type : Lithium-ion
Range : 100km
• Dimensions
Rims (inches) : 13
Length (mm) : 2,303
Width (mm) : 1,132
Height (mm) : 1,476
Wheelbase (mm) : 1,695
Front / rear track (mm) : 944 / 944
Front / rear overhang (mm) : 304 / 304
Unladen weight (kg) : 420
Tyres : 135/80 R13
• Performance
Aerodynamic performance (CdA) : 0.63
Top speed (kph) : 75
Source: Renault, France
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Posted by Editors at 12:22 PM
September 30, 2009
All-Electric Navistar Truck Unveiled on Capitol Hill
• Navistar Developing Clean Transportation Technologies.
Photo: At the U.S. Capitol today, U.S. Senator Evan Bayh (D-IN), on right, inspects Navistar Inc.'s zero emissions, all-electric delivery truck designed for maximum efficiency in urban environments. With help from a $39 million grant from the U.S. Department of Energy, Navistar Inc. initially will build 400 of these clean technology trucks at its facility in Elkhart, Indiana, and expects to be producing several thousand trucks annually within a few years.
Today, members of the U.S. Congress were shown an all-electric commercial truck from Navistar, Inc. that does not depend on oil.
With the help of a $39 million U.S. Department of Energy grant announced by President Obama in August, Navistar will build these high technology trucks, designed for maximum efficiency in urban environments.
Navistar intends to build 400 all-electric delivery trucks in 2010 at its facility in Elkhart County, Indiana, and expects within a few years to be producing several thousand vehicles annually as the market grows.
"The all-electric commercial truck is a concrete example of advanced technology that will be swiftly brought to market with government incentives, just like diesel-hybrid trucks and school buses," said Greg Elliott, senior vice president, Navistar. "We must continue to invest together for the next generation of advanced vehicles with innovative aerodynamic design and greater hybrid and electric market penetration across the nation."
This zero tailpipe emission electric commercial truck is the latest of Navistar's green vehicle advancements.
Navistar International Corporation is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans.
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Posted by Editors at 9:30 PM
September 20, 2009
German Chancellor Dr. Angela Merkel officially opens the 2009 Frankfurt Motor Show. AutoWeek Editors Honor the Best.
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany and Jean-Marc Gales, PSA (PSA Peugeot Citroën, France).
Photo: 2009 Frankfurt Motor Show. Dr. Petra Roth, Mayor of the city of Frankfurt at the inauguration.
Photo: 2009 Frankfurt Motor Show. Dr. Norbert Reithofer, Chairman of Board, BMW and Dr. Angela Merkel, Chancellor of the Federal Republic of Germany.
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany and Bernhard Mattes, Management Chairman, Ford.
Photo: 2009 Frankfurt Motor Show. Ferdinand Piech, Chairman of the Supervisory Board, VW, Dr. Angela Merkel, Chancellor of the Federal Republic of Germany, Matthias Wissmann, President of the German Association of the Automotive Industry (VDA) and Prof. Dr. Martin Winterkorn, Chairman of the Board of Management, VW (Volkswagen Group).
Photo: 2009 Frankfurt Motor Show. Dr. Angela Merkel, Chancellor of the Federal Republic of Germany at the stand of VW (Volkswagen Group}.
• Download Info brochure IAA 2009
• The AutoWeek Editors' Choice Awards recognize Best in Show, Best Concept, Most Significant and Most Fun.
Photo: A model at the 2009 Frankfurt Motor Show.
The AutoWeek editorial staff has announced its 2009 Frankfurt motor show Editors' Choice Award winners.
AutoWeek editors have been walking the show floors in Detroit, Geneva, Paris, Frankfurt and Tokyo, selecting winners in four categories: Best in Show, Best Concept, Most Significant and Most Fun.
The 2009 AutoWeek Editors' Choice Award winners for the Best of Frankfurt are:
• BEST IN SHOW: Ferrari 458 Italia
It is rare when there are more than a few in the race for this coveted title, but that was the case at Frankfurt when no fewer than eight manufacturers had vehicles in the final. When the scrapping was over, Ferrari's 458 Italia triumphed. The 458 wears voluptuous, organic shapes tied together with technical and efficient lines. No matter when you see this car in the future -- in five years or 50 years from now on a concours lawn -- it will always be the one that debuted at Frankfurt in 2009.
Other Finalists Considered: Maserati GranCabrio, Mercedes-Benz SLS, Aston Martin Rapide, Bentley Mulsanne, Rolls-Royce Ghost, Lamborghini Reventon Spyder, Audi R8 Spyder.
• BEST CONCEPT: BMW Vision EfficientDynamics
Maybe the most pure concept car at this year's Frankfurt show, BMW's glimpse into the performance sedan of the future uses technology, and design cues, that we'll see in production BMWs in the near future. Powered by a three-cylinder turbodiesel with a hybrid synchronous motor on the front axle and a full-hybrid system at the rear, this 2+2-seater also reveals some hints as to the exterior design features we'll see on future BMW passenger cars. With a top speed of 155 mph, this car shows that the future emphasis on fuel efficiency can offer a lot of fun as well.
Other Finalists Considered: Peugeot BB1, Citroen REVOLTe, Volkswagen E Up.
Photo: Volkswagen E Up in Frankfurt.
• MOST SIGNIFICANT: Renault EV family of four production electric cars
To think about which manufacturer was making the greatest impact and statement with their exhibit, it had to fall to Renault (and by default, though not exhibiting, its Nissan sister company.) With no fewer than four vehicles destined to come to market in three short years, Renault is putting an electrified stake in the ground and showing the rest of the world that while it might not be all in with this bet, it is not leaving much on the table.
Other Finalists Considered: BMW Vision EfficientDynamics, Jaguar XJ, Opel Astra, Saab 9-5, Ford Grand C-Max.
• MOST FUN: Porsche 911 Turbo
As is the case with all of the categories this year, a number of strong contenders vied for the title of Most Fun. When the smoke cleared, the new Porsche 911 Turbo came out on top as the one car whose keys we all wanted for a spirited ride. Surely it would brighten the sourest disposition. How can anyone argue with a choice like this?
Other Finalists Considered: Maserati GranCabrio, Peugeot BB1, Mini Roadster, Mazda Superlight, Volkswagen Golf R, Alfa-Romeo Mito Cloverleaf and Lamborghini Reventon Spyder.
• AutoWeek magazine is a fortnightly automotive-enthusiast publication based out of Detroit, Michigan, and is one of nearly 30 titles published by Crain Communications Inc.
Sources: AutoWeek, German Association of the Automotive Industry (VDA)
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Posted by Editors at 6:08 AM
September 17, 2009
'May the Best Car Win' Marketing Campaign from GM
• GM Launches 60-Day Satisfaction Guarantee.
• 60-day Satisfaction Guarantee covers 2009 and 2010 Model Year vehicles.
• Covers all vehicles sold by Chevrolet, Buick, GMC and Cadillac.
• Program runs Sept. 14 through Nov. 30.
• Offer covers 2009 and 2010 Model Year Chevys, Buicks, GMCs and Cadillacs (except medium duty trucks).
• Customers (one per household) can return their vehicle between 31 and 60 days with less than 4,000 miles.
Photo: 2009 Cadillac CTS-V.
Photo: 2009 Buick Lucerne CXL Special Edition.
General Motors has announced that it will offer a Satisfaction Guarantee to eligible buyers of new Chevrolet, Buick, GMC and Cadillac vehicles. The guarantee allows customers to return their vehicle to their dealer between 31 and 60 days of purchase and receive a refund of the purchase price for the vehicle.
The announcement is part of a larger "May the Best Car Win" marketing campaign.
• GM says that it is demonstrating its confidence in its vehicles when compared head-to-head with the most competitive vehicles in each vehicle segment.
Photo: 2009 Chevrolet Malibu LTZ.
Photo: 2010 GMC Terrain SLE.
"We think if consumers give us a fair chance and look at the facts on the things that matter most to them, like design, fuel economy, warranty and safety, our vehicles are the best choices - that's what makes an offer like this possible," said Bob Lutz, GM vice chairman, Marketing and Communications. "The Cadillac SRX and CTS Wagon, the Buick LaCrosse, the Chevrolet Equinox and GMC Terrain, for instance, are all outstanding new products. This new marketing effort should help us communicate these facts to consumers.
"We know that we'll need to work very hard to get people's attention and encourage them to give Chevy, Buick, Cadillac and GMC a try. We think the 'May the Best Car Win' campaign and the Satisfaction Guarantee offer should help re-instill confidence in the excellence of our products. We're putting our money down that if people buy one of our vehicles and don't absolutely love it, we'll take it back. We will stand behind them both in the short-term and over the long haul," Lutz said.
Source: General Motors Company
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"This Sunday, General Motors launched a new marketing campaign, 'May the Best Car Win,' and will offer car buyers a 60-day money-back guarantee. Perhaps a more fitting slogan is 'Taxpayers, You Lose.'
Normally a strategy like this would be a bold move to compete in the marketplace - one that consumers and shareholders ultimately decide to reward or punish. Unfortunately, with this 60 percent government-owned company, taxpayers don't have the option of 'pulling out' of GM and putting their investments elsewhere; unless, of course, they'd like to be prosecuted by the IRS and spend a few years in jail. As a pro-market organization, we would applaud GM's gutsy approach - if only GM hadn't rigged the market in the first place.
Given that rigged market, it's no wonder GM can afford to offer money-back guarantees. After all, it's got $50 billion in bailout money. And it's probably not going to pay it back, according to a report last week from a Congressional Oversight Panel.
Since the federal government owns 60 percent of GM, maybe it ought to consider offering a money-back guarantee to the taxpayers as well. Instead, with this money-back guarantee GM continues to flaunt the enormous taxpayer investment in it.
According to the State of New York Banking Department, a new car loses up to 20 percent of its value the second it drives off a dealer's lot. Should taxpayers be footing this bill for GM's Zipcar-like incentive program?
If GM has money to burn on this type of program, perhaps it doesn't really need the $50 billion it received from the Treasury."
-- NATIONAL TAXPAYERS UNION, 108 North Alfred St., Alexandria, VA 22314, USA.
"Money-Back Guarantee from a Car Manufacturer?
Most Amusing! Most Counterproductive! Most Irrational!"
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Posted by Editors at 3:05 PM
August 28, 2009
Ford Taurus 100-City Tour
Photo: Mark Fields, Executive Vice President, Ford Motor Company Showcases 2010 Ford Taurus at New York Stop of 100-City Tour.
Mark Fields, executive vice president and president of The Americas, Ford Motor Company, is in New York Friday, August 28, to showcase the all-new 2010 Ford Taurus for one stop of the company's 100-City Taurus Tour.
Mr. Fields kicks off the Taurus publicity tour in New York by giving a speech at the New York Press Club at in the Associated Press Conference Center.
"The new Taurus sets the pace for Ford's growing new car launch momentum," said Mark Fields, president of The Americas. "This sedan completely redefines expectations of what Taurus stands for - and helps further define what Ford is capable of delivering - quality, fuel-efficient vehicles featuring the latest technologies and head-turning design."
Mr. Fields is responsible for all operations involved in the development, manufacturing, marketing and sales of Ford, Mercury and Lincoln vehicles in the United States, Canada, Mexico and South America.
Source: Ford Motor Company
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Posted by Editors at 9:00 AM
August 19, 2009
Goodyear Assurance Fuel Max Tires Help Couple Shatter Fuel Efficiency Guinness World Record
Photo: Helen & John Taylor (of Melbourne, Australia), holders of more than 80 fuel economy and driving world records, finish the Goodyear Fuel Max Challenge journey through the United States by crossing the ceremonial finish line at Virginia Tire & Auto in Ashburn, VA. After a three week, 9,505 mile drive touching all 48 contiguous U.S. states, the Taylors arrived Tuesday, August 18, having set a new Fuel Efficiency Guinness World Record of 67.9 mpg, shattering the 58.8 mpg they set last year.
In a display of fuel economy, two drivers from Australia have broken the "48 Contiguous U.S. States Fuel Economy Guinness World Record," driving a car equipped with Goodyear Assurance Fuel Max tires. This three-week, 9,000+ mile drive through all 48 contiguous states in the U.S., showcased the potential fuel savings from the breakthrough fuel-efficient tread compound found in the new tires.
The couple refueled the car at Shell-branded stations along the way. Shell, a global leader in diesel technology, was the fuel sponsor of the Taylor's 2009 Guinness World Record attempt. In the U.S., Shell is the best-selling fuel brand and has the widest availability of diesel.
"While our own testing shows just how fuel-efficient these new tires are, we wanted to provide a real-world example of the difference Fuel Max Technology can make," said Mark Cherveny, Goodyear brand manager, passenger tires. "Helen and John Taylor broke their own world record set last year, using the same car, the same fuel, and traveling the same route. We believe the difference this year is the set of Assurance Fuel Max tires."
Photo: The Goodyear Tire & Rubber Company Blimp. The Goodyear Tire & Rubber Company has been recognized as America's most respected automotive company by the Reputation Institute (RI) and Forbes magazine. RI's Global Pulse consumer opinion survey measures the overall respect, trust, esteem, admiration and good feelings consumers hold toward the world's largest companies.
Goodyear is one of the world's largest tire companies. It employs approximately 71,000 people and manufactures its products in more than 60 facilities in 25 countries around the world.
Source: The Goodyear Tire & Rubber Company, Akron, Ohio
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"Financially, as well as otherwise, it is in the interest of the investors that they appreciate the corporations' judicious contributions towards sustainability."
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Posted by Editors at 9:01 AM
August 14, 2009
FORD INCREASES CAR PRODUCTION, DEMAND FOR ITS FUEL-EFFICIENT VEHICLES GROWS
Photo: Chicago Assembly Plant Celebrates New 2010 Ford Taurus Aug. 4, 2009; (left to right) Jan Allman, Chicago Assembly plant manager, Bob King, UAW vice president, Joe Hinrichs, group vice president, global manufacturing and labor affairs, Ford Motor Company, Pat Quinn, Governor, State of Illinois and Mark Fields, president of the Americas, Ford Motor Company at Chicago Assembly Plant during the 2010 Ford Taurus celebration. Photo by: Sam VarnHagen/Ford Motor Co.
• Ford is increasing North American production by another 10,000 units to 495,000 units in the third quarter as it builds more fuel-efficient vehicles to meet "Cash for Clunkers" demand. Ford's planned third quarter production now exceeds year-ago production levels by 18 percent.
• Ford, the UAW and suppliers are working together to ramp up production of the Escape small utility vehicle at Kansas City (Mo.) Assembly Plant and the Focus compact car at Wayne (Mich.) Assembly Plant through additional production shifts and increased overtime.
• Ford plans to produce 570,000 vehicles in the fourth quarter, a 33 percent increase versus year-ago levels and 15 percent above planned third quarter 2009 levels. The increase represents higher production across a range of cars, crossovers and trucks.
• After gaining U.S. market share in nine of the past 10 months and posting a year-over-year sales increase in July, Ford is off to a fast start in August due to continued strong demand for popular new products and the extended "Cash for Clunkers" program.
Photo: The 2010 Ford Fusion Hybrid 1,000 Mile Challenge car in Alexandria, VA. 27, April, 2009. Photo by: Sam VarnHagen, Ford Motor Co.
At its Dearborn Michigan headquarters, Ford Motor Company announced on Aug. 13, 2009 that it is increasing North American production in the third and fourth quarters to respond to growing demand for new Ford products and to ensure dealers are well stocked with fuel-efficient vehicles eligible for the "Cash for Clunkers" program.
Ford is increasing third quarter production by another 10,000 units to 495,000 units primarily to build additional Escape small utility vehicles and Focus small cars, the two most popular Ford vehicles under the federal government's "Cash for Clunkers" program. Ford's planned third quarter production is now 18 percent above third quarter 2008 production levels.
Ford also announced plans to produce 570,000 vehicles in the fourth quarter, 33 percent higher than year-ago levels and 15 percent above the third quarter production plan. The increase represents higher production across a range of cars, crossovers and trucks.
Photo: Ford Focus
"Under the 'Cash for Clunkers' program, the Ford Escape and Focus are flying off dealer lots, and we're doing all we can to ensure our dealers are well stocked with the fuel-efficient vehicles that customers really want [and need]," said Mark Fields, Ford's president of The Americas. "We also are planning a significant increase in fourth quarter production compared with last year, continuing to match production to the real demand. We'll need this additional production as even more people are drawn to our high-quality, fuel-efficient lineup, including our newest entries such as the Ford Taurus and Lincoln MKT."
Ford is working closely with the UAW and its suppliers to ramp up production of the Escape and Focus. At the Kansas City (Mo.) Assembly Plant, for example, employees agreed to work Friday and Saturday, Aug. 21-22, during what was a planned shutdown week. In August and September, Ford will build approximately 3,500 additional Escapes.
Photo: 2009 NASCAR Sprint Cup Series, Sonoma, California , USA, June 20, 2009. Bobby Labonte's Ford Fusion glides through turn 10. ©2009, autostock, USA.
At Wayne (Mich.) Assembly Plant, Ford is increasing Focus production by more than 6,000 units in the third quarter through increased overtime Monday through Friday and adding Saturday production shifts.
"This is a team effort with the UAW and our suppliers to meet the demand for fuel-efficient vehicles," said Joe Hinrichs, Ford group vice president, Global Manufacturing and Labor Affairs. "We asked our union partners to pull out all the stops - overtime, Saturday shifts, working during the shutdown - and they have delivered."
Photo: 2010 Ford Escape Hybrid: For 2010, Ford Escape Hybrid adds five new features that improve safety, reduce driver distractions and aid drivers. Integrated Blind Spot Mirrors, MyKey™, a Rear View Camera System and Active Park Assist are all now available to Escape Hybrid owners, and Escape Hybrid is one of the first Ford vehicles to feature the latest-generation hands-free SYNC® system - now with Traffic, Directions & Information - helping reducedistractions while accessing important route and safety information.
The effort to meet "Cash for Clunkers" demand has required close coordination among Ford's sales and marketing, purchasing, manufacturing and material planning and logistics divisions. While increasing production, Ford also is "reprioritizing" vehicle shipments to ensure that vehicles in high demand, such as the Focus, Escape and Fusion, arrive at dealerships quickly.
Photo: Chicago Assembly Plant Celebrates New 2010 Ford Taurus August 4, 2009. Photo by: Sam VarnHagen/Ford Motor Co.
"Our carriers have been instructed to load Focus, Escapes and Fusions first," said Ken Czubay, Ford's vice president of U.S. Marketing, Sales and Service. "We want to ensure that dealers have an uninterrupted flow of product, because in many cases, they are selling them as soon as they arrive on the lot."
The fourth quarter production plan represents an increase of 75,000 vehicles versus the third quarter. The increase, which includes several Ford cars, crossovers and trucks, will help Ford rebuild inventories of key products.
"As we gain momentum with strong new products - with top fuel economy, quality, technology and safety - we are in a position to increase our production and deliver profitable growth over time," Fields said.
Source: Ford Motor Company
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Posted by Editors at 9:34 AM
August 2, 2009
Nissan Unveils World's First "Affordable" Electric Car, Calls it LEAF
Nissan Motor Co., Ltd. today unveiled Nissan LEAF at its global headquarters in Yokohama, Japan, proclaiming that it is the world's first affordable, zero-emission car.
Designed specifically for a lithium-ion battery-powered chassis, Nissan LEAF is a medium-size hatchback that comfortably seats five adults and has a range of more than 160km (100 miles) to "satisfy real-world consumer requirements".
LEAF is slated for launch in late 2010 in Japan, the United States, and Europe. Ushering in a new era of mobility and zero-emission era, the car is the culmination of decades of investment and research.
"Nissan LEAF is a tremendous accomplishment - one in which all Nissan employees can take great pride," said Nissan President and CEO Carlos Ghosn. "We have been working tirelessly to make this day a reality - the unveiling of a real-world car that has zero - not simply reduced - emissions. It's the first step in what is sure to be an exciting journey - for people all over the world, for Nissan and for the industry."
• Key characteristics of the LEAF include:
1. Zero-emission power train and platform
2. Affordable pricing
3. Distinctive design
4. Real-world range autonomy - 160km (100 miles)
5. Connected Mobility: Advanced intelligent transportation (IT) system
"The 'LEAF' name is a significant statement about the car itself. Just as leaves purify the air in nature, so Nissan LEAF purifies mobility by taking emissions out of the driving experience," the company explains. "As an added benefit, because the vehicle has less mechanical complexity than a traditional gasoline-powered car, Nissan LEAF is designed to be friendly to the wallet as well as to the environment."
The company expects the car to be competitively priced in the range of a well-equipped C-segment vehicle. Additionally, Nissan LEAF is expected to qualify for an array of significant local, regional and national tax breaks and incentives in markets around the world.
"Nissan LEAF is powered by laminated compact lithium-ion batteries, which generate power output of over 90kW, while its electric motor delivers 80kW/280Nm. This ensures a highly responsive, fun-to-drive experience that is in keeping with what consumers have come to expect from traditional, gasoline-powered automobiles."
"Unlike internal-combustion engine (ICE) equipped vehicles, Nissan LEAF's power train has no tail pipe, and thus no emission of CO2 or other greenhouse gases. A combination of Nissan LEAF's regenerative braking system and innovative lithium-ion battery packs enables the car to deliver a driving range of more than 160km (100 miles) on one full charge (US LA4 mode)," says Nissan. "Extensive consumer research demonstrates that this range satisfies the daily driving requirements of more than 70% of the world's consumers who drive cars."
"And, Nissan's approach makes charging easy and convenient. Nissan LEAF can be charged up to 80% of its full capacity in just under 30 minutes with a quick charger. Charging at home through a 200V outlet is estimated to take approximately eight hours - ample time to enable an overnight refresh for consumer and car alike."
"Our car had to be the world's first, medium-size, practical EV that motorists could afford and would want to use every day. And that's what we've created. The styling will identify not only Nissan LEAF but also the owner as a participant in the new era of zero-emission mobility," said Masato INOUE, Product Chief Designer. "The engineers and designers behind Nissan LEAF worked to create a competitively priced real-world car that would enable Nissan to lead mobility into the zero-emission era. To ensure comfort, spaciousness and cargo capacity, Nissan LEAF employs a completely new chassis and body layout."
Nissan LEAF employs an advanced IT system. Connected to a global data center, the system can provide support, information, and entertainment for drivers 24 hours a day. The dash-mounted monitor displays Nissan LEAF's remaining power - or "reachable area" - in addition to showing a selection of nearby charging stations.
"The IT system is a critical advantage," says Tooru ABE, Chief Product Specialist. "We wanted this vehicle to be a partner for the driver and an enhancement for the passengers. We also wanted this vehicle to help create a zero-emission community, and these IT features will help make that possible."
WORLDWIDE PARTNERS
Zero-emission mobility programs under the banner of the Renault-Nissan Alliance include partnerships with countries such as the UK and Portugal, local governments in the Japan and the USA, and other sectors, for a total of nearly 30 partnerships worldwide.
In these partnerships major efforts focus on three areas:
1. Development of a comprehensive charging infrastructure through public and private investment,
2. Incentives and subsidies from local, regional, and national governments, and
3. Public education on the individual and societal benefits of zero-emissions mobility.
According to Nissan Motor Co., Ltd., "LEAF is the first in the company's forthcoming line of EVs and is a major milestone in the realization of the Renault-Nissan Alliance's vision for zero-emission mobility. The first of Nissan's EVs will be manufactured at Oppama, Japan, with additional capacity planned for Smyrna, Tennessee, USA. Meanwhile, lithium-ion batteries are being produced in Zama, Japan, with additional capacity planned for the USA, the UK and Portugal, and other sites for investment are under study around the world".
Source: Nissan Motor Co., Ltd.
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"Silence is the element in which great things fashion themselves together; that at length they may emerge, full-formed and majestic, into the daylight of life, which they are thenceforth to rule."
-- Thomas Carlyle
"All marketing managers, all auto makers, all car enthusiasts, all environmentalists, and all advertising & branding agencies may not agree that LEAF is a good name for a car.
But all leading political strategists would certainly agree that, in this case, LEAF is a Winning Name.
Vote for LEAF!"
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Posted by Editors at 3:23 AM
July 23, 2009
APPEAL OF NEWLY LAUNCHED CAR MODELS HAS IMPROVED: J.D. POWER
Industry's top study measuring customer satisfaction in design, content, and vehicle performance.
Photo: 2010 Porsche 911 GT3.
The automotive industry achieves a three-year high in appeal for new and redesigned models, according to the J.D. Power and Associates 2009 Automotive Performance, Execution and Layout (APEAL) Study.
In 2009, the APEAL score for all-new and redesigned models averages 790 on a 1,000-point scale--11 points higher than in 2008 and 15 points higher than the 2009 score for carryover models. In addition, seven all-new and redesigned models rank highest in their respective segments, including the Dodge Challenger, Ford F-150 (in a tie), Ford Flex, Hyundai Genesis, Nissan Maxima, Volkswagen CC and Volkswagen Tiguan.
"Most automakers are on track in terms of designing new models that are highly appealing," said David Sargent, vice president of automotive research at J.D. Power and Associates. "The greater challenge for manufacturers lies in creating models that launch with both strong appeal and high quality, which ultimately lead to improved sales through greater customer loyalty and advocacy."
"Throughout the years, vehicle models achieving high APEAL scores have been shown to benefit from faster sales, less need for cash incentives and higher profit margins on each vehicle sold."
The average APEAL score for all models in 2009 has improved considerably to 779 from 770 in 2008, driven primarily by increased owner satisfaction with fuel economy. This higher satisfaction comes from three main sources. First, fuel prices have decreased significantly during the past year, which has reduced owner concerns about gas mileage. Second, owners are switching to more fuel-efficient vehicles--in 2009, more than one-half of all vehicles included in the study are powered by four-cylinder engines, compared with just 39 percent in 2008. Third, automakers are designing models to be more fuel efficient than their predecessors.
Photo: BMW X6M at the 2009 New York International Auto Show (NYIAS).
"Although lower fuel prices and the switch to smaller vehicles have undoubtedly helped, there are also many individual vehicles that have made strong improvements in fuel economy ratings," said Sargent. "For example, the Ford F-150, Cadillac Escalade, Volkswagen Jetta and redesigned Dodge Ram have all made major strides in owner satisfaction with fuel economy through the introduction of more efficient powertrains."
In 2009, domestic brands comprise the four most-improved nameplates. Dodge posts the largest improvement, followed by Pontiac, Buick and Cadillac, respectively. In addition, the three most-improved models are from domestic manufacturers, including the Dodge Ram, Buick Lucerne and Ford F-150.
"Consumers have a great array of appealing vehicles to choose from by both domestic and import brands," said Sargent.
The overall gap in APEAL scores between domestic and import models has narrowed considerably during the past several years and is just five index points in 2009, compared with 15 points in 2008 and 27 points in 2007. Among premium models, import nameplates retain a slight edge, while among non-premium models, domestic brands have a similar edge.
Photo: All-New 2009 Audi Q5 Crossover Vehicle.
Photo: Hyundai all-new 2010 Genesis Coupe.
Volkswagen captures four segment-level awards--more than any other vehicle nameplate in 2009--for the CC, GTI, Passat and Tiguan. Ford, Honda, Mercedes-Benz and Nissan each garner two awards. Ford receives model-level awards for the F-150 (in a tie) and Flex. Honda models receiving awards are the Odyssey (for a fifth consecutive year) and Ridgeline (for a fifth consecutive year). Mercedes-Benz earns awards for the S-Class (for a third consecutive year) and SLK-Class. The S-Class achieves the highest APEAL score of any model in the industry. Nissan receives awards for the Armada and Maxima.
Also receiving awards are the Chevrolet Avalanche (for a second consecutive year), in a tie; Dodge Challenger, Hyundai Genesis, MINI Cooper (for a second consecutive year); Porsche Cayenne (for a second consecutive year); and smart fortwo.
Porsche is the highest-ranking nameplate in APEAL for a fifth consecutive year.
The APEAL Study examines how gratifying a new vehicle is to own and drive, based on owner evaluations of more than 90 vehicle attributes. The 2009 APEAL Study is based on responses gathered between February and May 2009 from more than 80,900 purchasers and lessees of new 2009 model-year cars and trucks who were surveyed after the first 90 days of ownership. The APEAL Study complements the recently released J.D. Power and Associates Initial Quality Study(SM) (IQS), which focuses on problems experienced by owners during the first 90 days of ownership.
Photo: Members of the Maxima launch team hold the banner as the first all-new 2009 Nissan Maxima rolls off the line at the Nissan Vehicle Assembly Plant in Smyrna, Tenn.
2009 APEAL Nameplate Ranking
(Based on a 1,000-point scale)
Porsche ------ 869
Jaguar ------ 859
Cadillac ------ 852
Audi ------ 846
BMW ------ 844
Mercedes-Benz ------ 841
Lexus ------ 837
Infiniti ------ 828
Land Rover ------ 822
Lincoln ------ 820
Acura ------ 818
MINI ------ 817
Volkswagen ------ 807
Buick ------ 801
Volvo ------ 793
Ford ------ 785
Dodge ------ 784
GMC ------ 784
Saturn ------ 779
Industry Average ------ 779
Honda ------ 778
Mazda ------ 778
HUMMER ------ 773
Scion ------ 772
Pontiac ------ 769
Nissan ------ 768
Mitsubishi ------ 767
Smart ------ 767
Chevrolet ------ 764
Hyundai ------ 763
Mercury ------ 763
Chrysler ------ 757
Toyota ------ 756
SAAB ------ 754
Kia ------ 748
Subaru ------ 738
Jeep ------ 727
Suzuki ------ 715
• Top Models per Segment
Car Segments
Sub-Compact Car
Highest Ranked: smart fortwo
Scion xD
Honda Fit
Compact Car
Highest Ranked: MINI Cooper
Volkswagen Jetta
Mitsubishi Lancer
Compact Sporty Car
Highest Ranked: Volkswagen GTI
Compact Premium Sporty Car
Highest Ranked: Mercedes-Benz SLK-Class
Nissan Z
Entry Premium Vehicle
Highest Ranked: Volkswagen CC
Cadillac CTS
Audi A4/5
Midsize Sporty Car
Highest Ranked: Dodge Challenger
Midsize Premium Car
Highest Ranked: Hyundai Genesis
Jaguar XF
BMW 5 Series
Large Premium Car
Highest Ranked: Mercedes-Benz S-Class
Lexus LS
Midsize Car
Highest Ranked: Volkswagen Passat
Mazda 6
Honda Accord
Large Car
Highest Ranked: Nissan Maxima
Pontiac G8
Toyota Avalon
Photo: Y'Anna Crowley, winner of BET's 'Sunday Best' Competition in front of the 2009 Lincoln MKS, Lincoln's Flagship Luxury Sedan.
Results from the study show the Ford brand improving by 17 points and moving up six rank positions among nameplates from last year. The Lincoln brand improved by 18 points and climbed two spots in the survey from a year ago. Mercury improved by eight points and Volvo's score increased by two points.
The Ford Flex and F-150, both segment leaders, scored better than the segment average in every category, performing especially well in fuel efficiency and exterior styling. Ford's new F-150 improved 52 points from last year and scored 16 points better than all redesigned trucks in this survey.
"Ford's quality rankings continue to climb consistently year after year and we intend to keep the momentum going to become the best in the industry," said Bennie Fowler, group vice president, Global Quality. "To do so, we're raising the stakes and redefining what it means to deliver a quality product by giving consumers more than just defect-free cars and trucks; we're exceeding their expectations with features they would expect to find only in high-priced luxury lines."
APEAL asks customers what they like about the performance, execution and layout of their new vehicle after the first three months it is in service. Customer's rate their level of "gratification" on a variety of vehicle attributes, including safety, fuel economy, cargo space and roominess, exterior styling and price.
Photo: 2010 Ford Fusion.
"At Ford, we are accelerating the development of vehicles customers will fall in love with at first sight and grow even fonder of over time," said Derrick Kuzak, group vice president, Global Product Development. "To deliver on that promise, our goal is nothing less than product excellence in design, feature content, safety and quality--all at an exceptional value."
Ford explains that since "gratification" is difficult to define and even harder to measure, Ford looked for new ways to understand how customers define it. Researchers combed through surveys, looked at historical trends and studied customer satisfaction rates. They spoke with people who recommended Ford to their friends, and to those who dismissed the brand out of hand. By discovering what makes customers feel good about their cars, Ford was able to develop a unique set of criteria that came to be known as product DNA.
"This strict set of guidelines is designed and built into every vehicle for a consistent feel and sound that is unmistakably Ford. Every Ford, Mercury and Lincoln vehicle, from sub compact cars to full size crossovers, is designed to evoke a positive emotional response from its owner."
This "emotional engineering", which focuses on the senses of sight, sound and touch, is helping Ford deliver vehicles that are satisfying to own and drive.
To ensure the company's quality criteria are met, Ford says it formed a Global Craftsmanship team of engineers who examine how harmoniously the vehicle is put together. "Like assembling a puzzle, the team analyzes every inch of the vehicle to check for gaps, mismatches or inconsistencies of all of the parts individually and as a whole. Their work is divided into four interior and exterior vehicle review categories: visual quality; touch and feel quality; sound quality, and illumination harmony."
Photo: 2010 Volvo XC60.
To add structure to its DNA strategy and increase customer satisfaction, Ford put its quality criteria into three categories:
• Basic quality - the fundamental reliability of a vehicle.
• Performance quality - includes attributes such as fuel economy and quietness.
• Excitement quality - those unexpected convenience features that surprise and delight the customers.
While continuing to improve on basic quality and performance quality, Ford has increased its focus on excitement quality - the parts of the vehicle that surprise and delight. According to Ford, "Excitement quality includes features ranging from seats specially designed for comfort, materials and surfaces that look good and feel right, interiors with ambiance and paint that flows like liquid across the vehicle's surface."
"When applying the three categories, it's never about either/or; it's all three," said Kuzak. "We're still consumed with basic quality, but we're now also very focused on providing appeal and excitement."
"Creature comforts, good fuel economy, elegance, style, durability and quality craftsmanship, all come together to complete the ownership experience." says Ford.
Sources: J.D. Power and Associates and Ford Motor Company.
|GlobalGiants.com|
"FORD ADVERTISING: Now, when the advertising of its domestic competitors is low-key (they have just emerged from bankruptcy), Ford Motor Company is in an advantageous position to strike in North America and consolidate its nameplates and brands."
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Posted by Editors at 4:06 AM
June 18, 2009
Fiat Group to sponsor G8 Summit
ENLARGE
Photo: The G8 Summit Venue in L'Aquila, Italy.
Italy, which took over the Presidency of the G8 in January, is responsible for hosting and organizing the annual Summit and also the preparatory meetings ahead of the three-day summit.
[The G8 is not an international organization, nor does it have an administrative headquarters with a permanent secretariat. It is rather a process that culminates in an annual Summit at which the Heads of State and Government of the member countries hold talks with a view to finding solutions of the main world issues.
The main industrialized countries taking part in this process are known as G8 -- the Group of Eight (Canada, France, Germany, Japan, Italy, United Kingdom, Russia, United States of America). Over recent years, the Group of Eight has involved the main countries with emerging economies, known as the Group of Five (G5), in a process of dialogue. The Group of Five (G5) comprises Brazil, China, India, Mexico and South Africa.]
Top management of Fiat has offered the Group's sponsorship of the G8 Summit in L'Aquila, Italy, to the Italian Prime Minister, Silvio Berlusconi.
Photo: Fiat Alfa Romeo - Murphy & Nye
Present at the meeting, held at Palazzo Chigi, were the Under Secretaries to the Prime Minister, Gianni Letta and Paolo Bonaiuti, as well as the Chairman of Fiat Group, Luca Cordero di Montezemolo, the Deputy Chairman, John Elkann, and the Chief Executive Officer, Sergio Marchionne.
As a symbol of the Fiat Group's support for the G8, the Prime Minister was presented with an Executive version of the Lancia Delta, made to the exacting standards of comfort and drivability and recently chosen as the Official Car of the 9th World Summit of Nobel Peace Laureates.
Concrete operational support for the Summit, which will be held on July 8, 9 & 10 at the Guardia di Finanza's Camp Coppito, will consist of an entire fleet of vehicles - consisting of 221 passenger cars, electric vehicles, off-road vehicles, commercial vehicles and buses - being made available to the Department of Civil Defense by Fiat Group for transportation of the participants at the G8 Summit.
The fleet will consist of: 90 Lancia Deltas, 85 Fiat Professional light commercial vehicles, 10 Iveco Massif off-road vehicles and an array of electric vehicles, including an Iveco Daily, two Iveco Europolis buses and 33 "GEM® e4" vehicles produced by Global Electric Motorcars, part of the Chrysler Group.
A large part of this fleet has already been employed over the past few months at the preparatory ministerial sessions leading up to the Summit which are being held in various cities around Italy on specific topics such as labour, agriculture, the environment, economic development, justice and internal affairs, science and technology, finance and foreign affairs.
With the exception of the electric vehicles, which will be used within the Camp compound, all other vehicles will be used to transfer delegates to and from airports and the L'Aquila heliport. The entire fleet will be managed 24 hours a day by specialized Fiat Group personnel who will provide assistance and maintenance services, including for the armored Lancia Thesis vehicles already in use by the Italian government.
• The Fiat fleet for the G8:
90 Lancia Deltas will be used as courtesy cars.
Photo: Fiat Lancia Delta
Among these will be several models of the Executive version, designed with users such as businessmen, diplomats and government officials in mind. This version was also chosen at the Official Car for the 9th World Summit of Nobel Peace Laureates, held 11-13 December 2008 in Paris, of which Lancia was the main sponsor.
33 electric-powered "GEM® e4" vehicles will be used inside Camp Coppito to transport Heads of State and Heads of Delegation. This zero emissions vehicle is produced by Global Electric Motorcars, part of the Chrysler Group, and has a range of 50km and can fully recharged in just 8 hours from a standard domestic 220v socket.
Photo: Fiat IVECO Daily
Three other electric vehicles, an Iveco Daily for luggage transport and two Iveco Europolis buses, will also be used inside the military compound. Distributor panels equipped with electric sockets have also been provided to recharge these vehicles.
Photo: Fiat Professional Ducato
The 85 Fiat Professional vehicles include 75 Scudo Panorama, Doblò Cargo and Ducato Cargo commercial vehicles and 10 natural gas Fiat Ducato Panorama 140 Natural Power vehicles, which provide high performance, reduced fuel consumption and low emissions.
Photo: Fiat IVECO Massif
The G8 fleet is completed by 10 Iveco Massifs (5-door Station Wagon) already in use by the Civil Defense. This 4x4 vehicle is capable of operating in extreme off-road conditions with gradeability at full-load of 100%.
Photo: Fiat Lingotto Building.
Photo: Fiat Abarth Plant
As a pioneer of the car industry, Fiat built its first car in 1899. Over 90 million cars and light commercial vehicles have been produced since then and many of its models have marked important milestones in motoring history.
Fiat Group Automobiles (FGA) designs, produces and sells automobiles under the Fiat, Alfa Romeo, Lancia and Abarth brands, and light commercial vehicles under the Fiat Professional brand. Each brand has its own unique identity and distinct commercial and marketing practices.
Source: FIAT S.p.A., Turin, Italy.
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It will pay off; it is paying off."
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Posted by Editors at 11:27 PM
June 12, 2009
car2go: Daimler's Innovative Mobility Concept is Coming to the USA
U.S. pilot phase is slated for start in fall 2009 with fleet of 200 smart fortwo vehicles as internal pilot for specific users.
Photo: smart fortwo passion coupe rally red with black "tridion".
ENLARGE
Photo: smart fortwo passion coupe blue metallic with silver "tridion".
Photo: smart fortwo passion coupe with rear bike rack.
To celebrate the one-year anniversary of the vehicle in the United States, smart USA Distributor LLC, a subsidiary of Penske Automotive Group, Inc., is planting a tree in recognition of each of the smart fortwos sold in 2008. In partnership with American Forests and Daimler Financial Services, smart USA will plant trees in the Cache River State Natural Area, located in southern Illinois, about 150 miles southeast of St. Louis, Missouri. smart USA plans to continue this initiative for every vehicle sold in 2009.
Earlier, smart USA Distributor LLC announced an agreement with Central Parking System, Inc. in New York City, which offers half-price parking for smart fortwo owners in Manhattan. With this latest partnership, four New York City companies are now offering discounted parking for smart fortwo owners -- Central Parking; Meyers Parking and Icon Parking Systems facilities in Manhattan; and AviStar Airport Parking, which has lots at both JFK and LaGuardia Airports.
Central Parking System, Inc. has more than 350 parking lots and garages in Manhattan, Brooklyn, Bronx, Queens and New Jersey, and is the largest parking company in the area.
Photo: car2go goes Texas.
Meanwhile, Daimler AG announced in Ulm, Germany, that it will bring its innovative car2go mobility concept to the U.S. by fall of this year. The first international pilot will start in the Texas capital Austin with an initial fleet of about 200 fuel-efficient smart fortwo cars. car2go provides a simple, flexible, and cost-effective solution for city driving.
The car2go concept is based on a fleet of smart fortwo vehicles that are available for rent to registered members at any time, 24/7.
"The results of the first, internal pilot phase in Ulm demonstrate that, with car2go, we have found an additional answer to current and future mobility needs in urban areas - our project in Austin is the next logical step," comments Thomas Weber, Member of the Board of Management of Daimler AG responsible for Group Research and for Development of Mercedes-Benz Cars.
Contrary to traditional car-sharing programs, car2go offers the freedom to get in a car and drive at any time of day without reserving a car in advance. The vehicle can then be used for as long as required and returned to any available parking location within the defined area of operation - a mobility solution offering maximum flexibility.
"We are delighted to be chosen as the first international partner for car2go," says Austin Mayor Will Wynn. "Our city is well-known for its commitment to environmental issues and car2go is a perfect fit because it enables us to offer the citizens of Austin an intelligent mobility concept with an extremely positive environmental angle. The project has my full support."
Photo: car2go in Austin, Texas (Texas State Capitol in the background).
The goal of the Austin pilot project is to gather practical experience toward the international implementation of car2go. Initial challenges include its transferability to other cities, languages and mobility trends, as well as the adaptation of its business processes to the legal frameworks that exist in different countries. "We made a very conscious decision to go to a North American city," adds Jérome Guillen, Director of Daimler's Business Innovation Department, where car2go was developed. "The car-sharing market in the U.S. is enjoying the highest growth rate in the world, which is why we feel that this is also a very good opportunity for car2go."
"Reducing congestion, lowering emissions and providing innovative transit solutions are vital to Austin's commitment to becoming the best managed city in America," said City Manager Marc Ott. "I am proud of Austin's commitment to identifying and implementing progressive solutions to the challenges of urban mobility and environmental sustainability. This car-share program provides one more option to address some of our urban transportation challenges."
Photo: Austin, Texas, USA, Central Business District at night.
The capital of Texas with its 750,000 residents is distinguished by its open-mindedness and its very involved citizens. The positive attitude of the City administration, size and structure of the city, which boasts a progressive economic environment and is also home to one of the largest universities in the U.S., were important factors that led to the selection of Austin as the first international car2go city. The smart fortwo will take to the streets here in fall of 2009. In Austin car2go will start, like in Germany, as an internal pilot for specific users, e.g. employees for the city of Austin. But it will be extended to the public, if successful. The car2go project in Austin includes not only the vehicles, but also the associated personnel and technical infrastructure. Support from the City of Austin is integral to the success of this pilot program. This is an opportunity to establish a true public-private partnership to work together to ensure the city is a showcase for urban mobility solutions.
As Daimler further explains, the innovative car2go mobility concept was designed to foster individual urban mobility while using environmentally-friendly vehicles. Members can access a car2go from any location within a defined city area at any time of day or night.
Following the one-time registration, the car2go customer will receive a membership card that will unlock the vehicle. Customers will be able to use the car2go vehicle in a number of different ways. Available vehicles can be rented on the spur of a moment: to access the vehicle, the car2go member simply holds his membership card to the reading device located in the windscreen, climbs into the car, enters his PIN code and drives off. Vehicles can also be located quickly and easily via the internet or through the car2go service hotline. The system also allows members to make reservations up to 24 hours in advance, with customers being notified via text message about the location of the reserved vehicle.
The car2go rental period can be as long as desired and the vehicle remains reserved for the customer during stop-offs. When the customer wishes to return his car2go, he simply leaves the vehicle in a parking spot within the defined car2go city area. Any space not subject to parking fees or restrictions may be used - such as those along the side of the road or within designated parking areas. Furthermore, specially marked car2go parking spaces will be available at special locations such as train stations.
A car2go service team on the ground will handle daily maintenance of the vehicles. Billing is handled with the same degree of simplicity and flexibility as for every aspect of car2go - with rates by the minute, by the hour, or by the day. Pricing is all-inclusive: taxes, insurance, miles and gas.
The first phase of the German pilot project car2go will begin in Austin with a defined group of users (city employees, for example). It is then planned to make car2go accessible to the public in Austin in the second step.
• Americans are faced with volatile fuel prices, increased urban congestion and a mindset of environmental responsibility. The smart fortwo offers a high level of comfort, agility, safety and ecology. Despite its compact dimensions, the smart fortwo offers the driver and passenger remarkable freedom of movement equal to or greater than some larger cars. This vehicle concept is highly practical - especially for people who live in cities or urban areas. Many Americans drive with just a single occupant. The size of the smart fortwo allows for faster movements in cities and one does not need to search for a large parking space.
Source: Daimler AG, Stuttgart, Germany.
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It has No Competitor, No Rival, No Challenger!"
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Posted by Editors at 5:51 AM
June 3, 2009
U.S. Chamber of Commerce to Monitor GM and Chrysler Restructuring
Photo: Evolution of Motor Car: The original Benz patent motor car of 1888 in the Dr. Carl Benz Automotive Museum in Ladenburg, Germany. (Photo © Daimler AG)
Thomas J. Donohue, President and CEO of the U.S. Chamber of Commerce, has issued the following statement on the U.S. Federal Administration's plan to restructure General Motors and the impending ruling on Chrysler:
"The future success of General Motors and Chrysler ultimately depends on whether they can profitably design and build cars that Americans and other consumers actually want to buy.
Our biggest concern with the restructuring plan announced today is the potential for governments and unions to influence production, product, workforce, and management decisions in ways that could jeopardize the automakers' chances for survival, put politics and special interests above sound business strategy, and disrupt our nation's trading relationships across the world.
For example, the UAW has said that it pressured GM to change where the company plans to produce a new line of smaller cars. And as part of the GM restructuring, the administration has reportedly closed the U.S. market to Opel and blocked Opel's forays into China so it could not compete with GM -- clear examples of market manipulation and protectionism.
If members of Congress, along with government officials from the United States to Germany to Canada, are allowed undue influence over management's decisions, then you can write this down: These companies will not return to profitability and their survival will be seriously challenged. The global talent that exists in the automotive sector must be allowed to do its job and be paid on a competitive basis. Management must be permitted to make tough decisions in a competitive global market without political interference.
So going forward, the U.S. Chamber will carefully monitor the activities of the new GM and Chrysler boards, and we will expose and fight any counterproductive influence by government, unions, or politicians over decisions that should be left to management. And we will continually insist that government reduce and eliminate its ownership stake as soon as possible."
(The U.S. Chamber is the world's largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.)
Source: U.S. Chamber of Commerce
|GlobalGiants.com|
"The future success of General Motors and Chrysler ultimately depends on whether they can profitably design and build cars that Americans and other consumers actually need, NOT 'actually want to buy', as the automakers have been saying all along and what the U.S. Chamber of Commerce has set forth in its statement above.
If the American Eskimos want to buy Refrigerators, do not proceed to set up Refrigerator Factories. You would have to shut them down soon.
What about giving Microwave Oven Demonstration to the American Eskimos?
Diverse key considerations such as technology, powertrain, fuel consumption, safety, design, utility, environment friendliness, driving maneuverability, rising city traffic, parking problems, car buyers' purchasing powers, consumers' general likings, government regulations, practicality, and so on should lead the automaker to correctly identify those who need small cars, correctly identify those who need compact cars, correctly identify those who need SUV's, correctly identify those who need trucks, correctly identify those who need luxury cars... .
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Posted by Editors at 2:39 PM
May 20, 2009
RENAULT: OFFICIAL SPONSOR OF THE 62nd CANNES FILM FESTIVAL
Photo: Renault Vel Satis, official car of the Cannes Film Festival. (Credits: Stéphane Kossmann)
French automaker Renault has fostered the growth of the Cannes Film Festival for 26 years. This year too, since May 13, 2009, a fleet of about hundred vehicles, including 70 Vel Satis and 30 Espace, are driving the actors and Festival guests to and from the red-carpeted steps. In addition, about a dozen Kangoo be bop are supplementing the official fleet.
Photo: Kristin Scott Thomas, getting out of Ranault Vel Satis. (Credits: Stéphane Kossmann)
Photo: Hafsia Herzi, french actress who declared opened the 62nd Cannes Film Festival with Charles Aznavour. (Credits: Stéphane Kossmann)
The relationship between Renault and the movie industry is more than a century old. According to the company, Louis Renault's Voiturette appeared in the Lumière brothers' early films in 1899, when the first film studios were built in Boulogne-Billancourt at the same time as the first Renault factory on the Ile Seguin.
Renault informs that it is continuing its commitment to film and television production today through an active policy of sponsorship and product placements. Several models from the Renault range are in the films in the Festival's official selection, such as Les Herbes Folles by Alain Resnais.
Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)
Photo: Renault New Grand Scénic painted in the colors of Up, the opening film of the 62nd Cannes Film Festival. (Credits: Stéphane Kossmann)
This year, Renault, and especially the latest model in the range, New Grand Scénic, is also teaming up with Disney Pixar and the 3D animated feature Up, screened at the Opening Ceremony. According to Renault, the arrival of members of the Disney teams in front of the red carpet on board the three New Grand Scénic models decked out in the colors of the film marks the beginning of an international collaboration in communications interfaces that spans more than 20 countries and that is boosting traffic in Renault showrooms.
The Atelier Renault situated at the Champs Elysées has also been set up in Cannes for the 62nd festival. Located on the beachfront of the Majestic, in the middle of the Cannes atmosphere, the Atelier is open to all visitors and is exhibiting photography featuring celebrities from around the world mounting the famous Steps.
Source: Renault
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Posted by Editors at 6:03 AM
May 15, 2009
GLOBAL CAR MARKET STUDY BY POLK: LIGHT VEHICLE SALES TO DECLINE 15% IN 2009
Global Light Vehicle Sales to Decline 15% in 2009, says Polk Study.
Study shows worldwide volumes won't return to pre-crisis levels until 2012.
R. L. Polk & Co.'s latest market study released today predicts that the automotive market won't emerge from the worldwide recession until 2012, later than previously forecast, due to worsening economic conditions. The study further predicts that Global light vehicle sales will decline 14.7 percent from 2008 levels to 55.2 million units in 2009.
Key Findings:
• Emerging Markets Have Greatest Growth Potential
• Asian Automakers Gain Market Share in U.S.
• Scrappage and Tax Incentives Provide Short-Term Help for Saturated Markets
• Toyota Maintains Position as the Top Manufacturer
Long-term growth for the global automotive market will come from the "emerging" markets of Latin America; Central and Eastern Europe; Africa and the fast-growing Asia-Pacific/Middle Eastern region (excluding the developed market of Japan). Beginning in 2015, Polk expects more light vehicles will be sold in the aggregated emerging markets than in the combined "saturated" markets of the United States, Canada, Western Europe and Japan.
"We see China and India as key drivers of growth, as vehicles become attainable for an increasing percentage of these countries' huge consumer populations," said Uwe Biastoch, director of global forecasting at Polk. "Like Tata Motors with the recent launch of the low-cost Nano in India, manufacturers that innovate and produce market-specific products will be successful in emerging markets," said Biastoch.
These emerging markets will come out of the current crisis three years earlier than the saturated regions. Light vehicle sales in the emerging markets will top 2007 levels in 2011; this won't happen until 2014 in the saturated regions.
The U.S. has been hard-hit by the economic crisis, and new vehicle sales have dropped from a high of almost 17.5 million in 2000 to 13.2 million in 2008, with a further decline to 10 million projected for 2009. Polk predicts that 2009 will mark the end of U.S. market share dominance for the domestic automakers: Asian manufacturers will capture 47 percent of U.S. market share, compared to 44 percent for American automakers and 9 percent for European brands.
Western Europe will fare better than the United States and Canada in the short term, in large part because of scrappage incentives introduced in countries including Germany and Italy. Light vehicle sales in Western Europe will fall 9 percent from 2008 to 2009, compared to 24 percent in the United States and Canada during the same timeframe.
"The U.S. market is currently in a state of flux, with the impact of Chrysler's Chapter 11 filing yet to be realized and GM's fate uncertain. It also remains to be seen whether the Obama administration will follow the lead of some European countries and reward consumers who turn in old vehicles and purchase cleaner cars, and what the impact of such a fleet modernization initiative might be," said Ulrich Winzen, chief analyst at Polk.
Worldwide, Toyota will maintain its position as the top manufacturer, with a fairly stable market share of 12 percent through 2020. Ford and General Motors have both seen their global market share drop by nearly five percentage points from 2000 to 2008, and Polk expects both to lose more market share through 2012. Volkswagen, on the other hand, will gain almost a point of market share in the next three years. "Volkswagen is making great inroads in China, which will certainly boost its success worldwide. At some point in 2009, we expect Volkswagen to surpass GM as the number two manufacturer in the world, although the race will be close," said Biastoch. "The trend could change temporarily to GM's benefit if the proposed U.S. scrappage incentive passes."
R. L. Polk & Co. is a provider of automotive information concerned with marketing.
Source: R. L. Polk & Co.
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Click HERE for a PDF copy of the Polk's Market Study: "Forecasting Global Vehicle Demand".
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Posted by Editors at 4:49 AM
May 6, 2009
Ford to Build New Global Small Cars, Electric Vehicle at Michigan Plant
Ford invests $550 million to transform Michigan Assembly Plant from a large SUV factory into a modern, flexible small car plant.
Production for the North American market of the new global Ford Focus begins next year followed by production in 2011 of a battery-electric Focus, helping Ford meet its promise of delivering four new electric vehicles in the U.S. by 2012.
Photo: The Michigan Assembly Plant is becoming Ford's first site for building both the next-generation Focus and a BEV companion vehicle.
Photo: 2008 Ford Focus RS
Ford Motor Company said today it is investing $550 million to transform its Michigan Assembly Plant into a "lean, green and flexible manufacturing complex that will build Ford's next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market."
The plant, formerly the production site for Ford Expedition and Lincoln Navigators SUVs, is one of three North American light truck plants Ford is retooling to build fuel-efficient global small cars in the coming years. The new Focus will begin rolling off the line next year and the battery-electric version of the Focus - Ford's first all-electric passenger car - debuts in 2011.
As part of the retooling, Ford will consolidate its operations from Wayne Assembly Plant. When production launches in 2010, approximately 3,200 employees will be building the new Focus at Michigan Assembly Plant. At the plant, Ford and United Auto Workers are developing modern new operating practices to ensure "high quality and even greater efficiency."
Photo: 2008 Focus RS World Rally Car
Photo: 2008 Ford Focus Germany
"The transformation of Michigan Assembly Plant embodies the larger transformation under way at Ford," said Ford President and CEO Alan Mulally. "This is about investing in modern, efficient and flexible American manufacturing. It is about fuel economy and the electrification of vehicles. It is about leveraging our expertise and vehicle platforms around the world and partnering with the UAW to deliver best-in-class global small cars. It is about skilled and motivated teams working together in new ways to create the future of automobile manufacturing in the United States."
The reinvention of Michigan Assembly, once one of the world's most profitable auto plants during the SUV boom of the late 1990s, is rooted in the fundamental strategic shift by Ford to leverage its global assets to bring six world-class small cars to the American market by the end of 2012. To produce the vehicles, Ford is converting three truck and SUV plants to car plants - Michigan Assembly, Cuautitlan Assembly in Mexico, which begins building the new Fiesta subcompact early next year; and Louisville (Ky.) Assembly, which will be converted to produce small vehicles from Ford's global Focus platform beginning in 2011.
Photo: Ford Focus In Winter Europe
Photo: 2008 Ford Focus ST Germany
The new Focus is being developed in Europe. Over time, the new platform will be the basis for more than 2 million units annually around the world, including Focus and other derivatives, allowing Ford to leverage economies of scale to improve investment efficiency.
The zero-emission Focus battery-electric vehicle, which is being developed in partnership with Magna International, features a high-voltage electric motor powered by a high capacity Lithium Ion battery pack and charged by plugging in to a 110-volt or 220-volt outlet. The vehicle is one part of a larger strategy Ford announced in January to develop electric vehicles for North America quickly and affordably by leveraging its global platform capability.
According to Ford, the state of Michigan and local governments provided tax incentives and grants that enabled the investment in Michigan Assembly, which will be designated as the state's first automotive technology anchor site.
Source: Ford Motor Company
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"The Small Car Mantra. Ford's Got It!"
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Also check the following relevant posts:
• December 2, 2008: Ford Motor Company Will Re-Evaluate Its Strategic Options for Volvo Car Corporation
• October 14, 2008: FORD'S SMALL CAR -- ALL-NEW FORD KA
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Posted by Editors at 2:15 PM
May 1, 2009
General Motors Announces Full Cooperation with Obama Administration
GM says it is poised to become a Leaner, More Viable Company.
General Motors Corporation has issued the following statement:
"We are deeply appreciative for President Obama's strong commitment and support of the American auto industry and its employees. Like him, we firmly believe that the best days of America's auto manufacturers--including Chrysler--lay ahead. GM remains focused on accelerating the speed of its operational restructuring and reducing the liabilities and debt on its balance sheet. We look forward to working with the President's Auto Task force to do so and are committed to transparent reporting of our restructuring every step of the way."
Earlier, it issued a Press Release on its Updated Viability Plan and Restructuring of U.S. Operations. General Motors' updated Viability Plan will speed the reinvention of GM's U.S. operations into a leaner, more customer-focused, and more cost-competitive automaker, the Release said.
The Viability Plan is included in an exchange offer whereby GM is offering certain bondholders shares of GM common stock and accrued interest in exchange for certain outstanding notes.
The Revised Viability Plan gives importance to the following points:
• A focus on four core brands in the U.S. - Chevrolet, Cadillac, Buick and GMC - with fewer nameplates and a more competitive level of marketing support per brand.
• A more aggressive restructuring of GM's U.S. dealer organization to better focus dealer resources for improved sales and customer service.
• Improved U.S. capacity utilization through accelerated idling and closures of powertrain, stamping, and assembly plants.
• Lower structural costs.
"We are taking tough but necessary actions that are critical to GM's long-term viability," said Fritz Henderson, GM president and CEO. "Our responsibility is clear - to secure GM's future - and we intend to succeed. At the same time, we also understand the impact these actions will have on our employees, dealers, unions, suppliers, shareholders, bondholders, and communities, and we will do whatever we can to mitigate the effects on the extended GM team."
GM in the U.S. will focus its resources on four core brands, Chevrolet, Cadillac, Buick and GMC. The Pontiac brand will be phased out by the end of 2010. GM will offer a total of 34 nameplates in 2010, a reduction of 29 percent from 48 nameplates in 2008. This four-brand strategy will enable GM to better focus its new product development programs and provide more competitive levels of market support, the Press Release clarifies.
GM anticipates reducing its U.S. dealer count from 6,246 in 2008 to 3,605 by the end of 2010, a reduction of 42 percent. According to GM, this reduction in U.S. dealers will allow for a more competitive dealer network and higher sales effectiveness in all markets.
Photo: 2009 Chevrolet Malibu LT
Photo: 2010 Chevrolet Spark
Photo: Chevrolet Aveo5 LT Hatchback.
Photo: 2009 Chevrolet Silverado LT, Z71 Crew Cab
Photo: 2011 Chevrolet Volt Production Show Car
"We have strong new product coming for our four core brands: the Chevrolet Camaro, Equinox, Cruze and Volt; Buick LaCrosse; GMC Terrain; and Cadillac SRX and CTS Sport Wagon and Coupe," said Henderson. "A tighter focus by GM and its dealers will help give these products the capital investment, marketing and advertising support they need to be truly successful."
The Viability Plan also lowers GMNA's breakeven volume to a U.S. annual industry volume of 10 million total vehicles, based on the pricing and share assumptions in the plan. As a result of these and other actions, GMNA's structural costs are projected to decline 25 percent, from $30.8 billion in 2008 to $23.2 billion in 2010, a further decline of $1.8 billion by 2010 versus the February 17 Plan, the Press Release explains.
Another key element of GM's restructuring will be taking the necessary actions to strengthen its balance sheet. "A stronger balance sheet would free the company to invest in the products and technologies of the future," Henderson said. "It will also help provide stability and security to our customers, our dealers, our employees, and our suppliers."
"The Viability Plan reflects the direction of President Obama and the U.S. Treasury that GM should go further and faster on our restructuring," Henderson said. "We appreciate their support and direction. This stronger, leaner business model will enable GM to keep doing what it does best - provide great new cars, trucks and crossovers to our customers, and continue to develop new advanced propulsion technologies that are vital for our country's economy and environment."
Source: General Motors
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"Let GM project CHEVROLET as its FLAGSHIP BRAND... or Die!"
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"To contract new debts is not the way to pay old ones."
-- GEORGE WASHINGTON, letter to James Welch, April 7, 1799.
Also check the following relevant posts:
• February 14, 2009: Automaker Restructuring Plan Must Demonstrate Viability and Protect Taxpayer Investments -- U.S. House of Representatives Speaker
• December 11, 2008: GM'S COMMITMENT TO THE AMERICAN PEOPLE
• November 17, 2008: The Cost of GM's Death: Automotive News's Warning to the US Federal Government
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Posted by Editors at 2:16 AM
April 23, 2009
Volvo Ocean Race 2008-09 - Leg 6 - Rio de Janeiro to Boston
The Volvo Ocean Race 2008-09 is the 10th running of this ocean marathon. Starting from Alicante in Spain, on 4 October 2008, it is, for the first time, taking in Cochin, India, Singapore and Qingdao, China before finishing in St Petersburg, Russia for the first time in the history of the race. Spanning some 37,000 nautical miles, visiting 11 ports over nine months, the Volvo Ocean Race is a leading global ocean yacht race for professional racing crews.
Photo: Battling for position, at the start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds but a huge swell. (Dave Kneale/Volvo Ocean Race)
Photo: The start of Leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. The fleet heads out in light winds. (Rick Tomlinson/Volvo Ocean Race)
Photo: Ericsson 3, skippered by Magnus Olsson (SWE) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Rick Tomlinson/Volvo Ocean Race)
Photo: PUMA Ocean Racing, skippered by Ken Read (USA) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)
Photo: Telefonica Blue, skippered by Bouwe Bekking (NED) at the start of leg 6 of the Volvo Ocean Race, from Rio de Janeiro to Boston. (Dave Kneale/Volvo Ocean Race)
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Posted by Editors at 11:19 AM
