Michigan Assembly Plant John Batchelor, host of the John Batchelor radio show, and I reflected on the year and the future. Cerberus Capital Management LP sold Chrysler Financial Corp. to Toronto-Dominion Bank for $6.3 billion. Most interesting is that Toronto-Dominion Bank estimates the size of the auto-lending market in the U.S. to be about $700 billion [...]
Bill Ford, Executive Chairman for Ford Motor Company talked about being the fuel economy leaders in North America and taking electrification to Europe. What are the challenges? Ford also talks about free trade with South Korea and why they took the issue on. Ford Motor Company has garnered customers from General Motors and Chrysler Corporation. [...]
How much do Bill Ford and Alan Mulally collaborate on a day-to-day basis? I asked Bill Ford just that question. Is there a plan for succession of Alan Mulally once he decides to step down?
It's been a humbling year for Toyota's Robert S. Carter Group Vice President and General Manager “ Toyota Division Toyota Motor Sales, USA. But Carter says that Toyota is coming back, and has stats and awards to prove it. But Lexus is also looking at taking some of Toyota's sales from them. The CT200h is a [...]
Wayne, MI - The Michigan Assembly Plant (MAP) looks like many other assembly lines with compact sedans ready to come off the line. My how things have changed for that Michigan plant. It wasn't long ago that MAP was producing large Ford SUVs. $550 million later and 1.2 million square feet (think 22 football fields) [...]
2011 GMC concept GMC sales are up 28 percent from last year, and Sierra is the cornerstone of the GMC brand. What do I think of this concept? It looks like a production vehicle to me, and if it is not GMC is crazy. The diesel All-Terrain heavy-duty is an enhanced version of the 2500 [...]
I met up with Bob Lutz, former Vice Chairman for General Motors, and now a CNBC contributor. We talked about the GM IPO on the eve of the IPO. What does Lutz think about China (SAIC) buying one percent of GM stock? Would this make a difference to the UAW? Lutz points out that there [...]
Simon Constable, Wall Street Journal, Dow Jones, the Hub and Camilla Webster from Forbes hosts the John Batchelor radio show. We talk about General Motors IPO and North Korea's free trade deal. What about the free trade deal, what does it mean for Hyundai?