4-seater Convertibles for kids, under $35,000

The sunshine and warm weather in the past couple months has everyone thinking of summer. People are starting to imagine themselves on the way to the beach. Is there a better way to get your summer vacation started than breezing down the highway with your kids in a convertible? Imagine your kids in the backseat, [...]

GM buys 7% of PSA, Marchionne plays Dirty Harry with Italy, capacity, capacity, capacity

Lou Ann Hammond, CEO, www.drivingthenation.com, talked to John Batchelor, host of the John Batchelor radio show about the vibe of the 2012 Geneva motor show. General Motors buys 7% of PSA Who is PSA? PSA is formally PSA Puegeot Citroen, the second largest market-share in Europe (behind VW group). The Peugeot family is the number [...]

Chrysler Politicians want money from DOE

Secretary Chu, FCA, DOE Will Secretary Steven Chu give Chrysler The Advanced Technology Vehicles Manufacturing (ATVM) Loan Program out of Section 136? Solyndra has been in the news because, as Secretary of Energy, Dr. Steven Chu said, “there was no there, there.” $535 million from Sec 1705 down the drain. Every loan is scrutinized, as [...]

Ford posts $1.649 billion profit for first nine months of 2011

World wide Ford made $1.649 billion profit which equals 41 cents per share. Debt at Ford was reduced by $1.3 billion in 2011 to make the remaining debt due by Ford. Ford's profit came from North America. They were down in Europe. Ford says this is a seasonal effect. Seasonality could be that the third quarter [...]

Bob Lutz on The John Batchelor radio show

Car guys vs. bean counters Lutz talked to John Batchelor about his new book, Car Guys vs. Bean Counters: The Battle for the Soul of American Business. Lutz goes through his history of the auto industry and the pitfalls he sees the car companies making. In this eight-minute segment with Batchelor Lutz talks about meeting [...]

September sales, John Batchelor, John Avlon (CNN)

Lou Ann Hammond, CEO, www.drivingthenation.com, John Batchelor, host of the John Batchelor radio show and John Avlon, senior columnist for Newsweek and the Daily Beast as well as a CNN contributor, talk about September sales and the auto industry. All three domestic car companies were up in September. Truck sales are once again up. Whenever [...]

Chrysler First U.S. Automaker with 8-Speed Transmission on Driving the Nation

Save a tree, create an engine Mircea Gradu, Vice President and Head of Transmission Powertrain and Driveline Engineering, Chrysler Group LLC, told me that the time when an engine is created on a napkin is gone. It was a business decision to start using the ZF transmission, to go from a 5-speed, or 6-speed transmission, to [...]

An interview with Ralph Gilles, President and CEO of SRT Brand and Motorsports

Question and Answer Ralph Gilles Ralph Gilles is an avid car racer obsessed with design. Formerly CEO of Dodge and Senior VP of Design, Gilles recently moved into a new position as President and CEO of SRT Brand and Motorsports while keeping his design role. He sat down on July 12 to talk with Christina [...]

General Motors Chrysler and the UAW bonuses

GM and Chrysler bonuses; UAW; hydrogen funding evaporated General Motors and Chrysler to give bonuses to employees I completely agree with General Motors and Chrysler that their salaried employees have worked long and hard hours. I understand the desire to compensate them for that work. But should employees be compensated when the company isn't making [...]

GM, Ford, Chrysler 2010 end of the year reflection

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 [...]

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