Monday, February 8, 2010


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No more push: How Detroit stopped overproducing

Mike Jackson saw it coming, the tsunami that would wash over the Detroit 3 thanks to their push production system -- a system that would spawn multibillion-dollar losses even in big sales years. Read More »

THE TOYOTA RECALL CRISIS:

GM prepares fix for Vibe models caught in Toyota recall

General Motors Co. this week will start shipping repair parts for sticking accelerators in the Pontiac Vibe crossover, the sister of the Toyota Matrix. The Vibe, made by the former joint venture between GM and Toyota Motor Corp., is part of the Japanese automaker's recall last month of 2. Read More »

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2011 Shelby GT500 gets lighter aluminum engine, eliminates guzzler tax

Ford Motor Co. has revealed a brand new performance engine made from aluminum rather than cast iron, a change that shaves 102 pounds off the weight of the 2011 Shelby GT500 performance sports car. As a result, the car will get improved fuel economy -- which removes a federal gas-guzzler tax. Read More »

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Hyundai chairman ordered to pay automaker nearly $60 million

Hyundai Motor Co. Chairman Chung Mong-koo today was ordered by a South Korean court to pay almost $60 million in damages to the automaker to compensate it for losses resulting from his business decisions. Read More »

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Casesa, Lincoln International form M&A alliance

New York consultancy Casesa and Co. and Chicago-based investment bank Lincoln International today announced they have formed a strategic alliance. Read More »

Better Place opens EV visitor center in Israel

Electric-vehicle services provider Better Place has opened a visitor center Sunday in Tel Aviv, Israel, designed to model the various parts of its business strategy for media and other visitors. The center features a test track, along with charge spots and battery switching stations. Read More »

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THE TOYOTA RECALL CRISIS :

Toyota readies Prius ‘solution,' speeds delivery of pedal parts

Toyota Motor Sales U.S.A. Inc. told dealers that it is preparing to resolve brake concerns on the Prius hybrid while speeding up the delivery of parts to prevent gas pedals from sticking on eight recalled vehicles. Read More »

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Behind the scenes of Bridgestone's Super Bowl spots

While huge marketers such as PepsiCo dropped out and legacy ones such as General Motors didn't come back, Bridgestone returned to the big game in 2010 -- the final year in a three-year, estimated $10 million deal its ad agency, Dallas-based Richards Group, persuaded it to ink as a means to goose... Read More »

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Chrysler, Lancia to share a stand at Geneva show

Chrysler and Lancia will share a stand at next month's Geneva auto show in another step in the integration of the brands. Read More »

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PEOPLE ON THE MOVE:

Former Nissan Europe sales boss promoted to head Brazilian ops

Former Nissan Europe sales boss Christian Meunier will move from the U.S. to head the automaker's Brazilian operations, effective April 1. Currently, Meunier, a Frenchman, is marketing boss for Nissan brand in the United States. Read More »

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LUXURY'S NEW LOOK: Smaller and more practical

Five years ago, you knew what a luxury vehicle was. It might have been a Mercedes-Benz S600 with a V-12 under the hood. Or a Porsche Carrera S boasting 355 hp. Or a massive, bling-dripping Cadillac Escalade ESV Platinum. Read More »

Reinstatement may pit dealer against dealer

Arbitration will do more than put some rejected Chrysler Group and General Motors Co. dealerships back in business. In some cases it stands to pit two dealers against each other with claims on the same territory. Read More »

THE TRAUMA AT TOYOTA:

Rivals prowl, discreetly, for Toyota trade-ins

With Toyota Motor Corp. under fire, rivals have made some overtures to lure skittish Toyota shoppers but have stopped short of a hard sell on safety. Read More »

Green thumbs-down: New plants snub UAW

General Motors Co. last month assembled its first lithium ion battery pack in suburban Detroit -- with nonunion workers. The plant was set up to make the packs for the Chevrolet Volt plug-in hybrid and other future GM vehicles. Delphi Corp. Read More »

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Cadillac may gain future rear-drive hybrids

General Motors Co.'s Two Mode hybrid powertrain, used only in trucks, will migrate to rear-drive cars in the next generation, said Tom Stephens, GM's vice chairman of global product operations. Two likely candidates: Cadillacs, says consultant Jim Hall of 2953 Analytics in suburban Detroit. Read More »

GMAC: Success depends on automakers

The success of GMAC Financial Services hinges on more loan and lease subsidies from General Motors Co. and Chrysler Group, CEO Mike Carpenter told analysts last week. Read More »

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NADA PREVIEW:

Dealers go to great lengths to make Taj Mahals work

When auto dealer Gary Grossinger calls himself "the craziest guy in Chicago," he's not talking about his low-priced deals. He's talking about his Taj Mahal dealership. Read More »

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