"Maximum" Bob Lutz Returns To GM As Adviser

Posted by: admin  /  Category: BMW, Cadillac, Ford, GM, News
2007 Saturn Sky Red Line Bob Lutz

2007 Saturn Sky Red Line Bob Lutz

Enlarge Photo

General Motors has announced that Bob Lutz, former Vice Chairman, will return to GM as a consultant. Lutz will be available to executives and senior leadership on a part-time basis, effective immediately.

Lutz has a lengthy history in the automotive industry, including time at GM (from 1963 through 1971, and again from 2001 to 2010), BMW, Ford, Chrysler and industry supplier Exide. He’s contributed to the development of the Dodge Viper and Chrysler’s LH series cars, the Ford Explorer and the reborn Pontiac GTO (really a badge-engineered Holden Monaro). Lutz has also been behind the development of more recent efforts, including the Saturn Sky/Pontiac Solstice, the Cadillac CTS, the new Camaro and the restyled 2010 Cadillac SRX.

Though most associated with performance cars, Lutz also backed the development of fuel-efficient cars, including the extended-range EV Chevrolet Volt, telling Newsweek in 2008 that, “the electrification of the automobile is inevitable.”

Although Lutz retired from GM in 2010, he has been providing informal consulting services to the automaker since. GM’s announcement doesn’t change much, but it does establish a more formal relationship between the two parties.

General Motors

August 2011 Car Sales: Another Small, Disappointing Rebound

Posted by: admin  /  Category: BMW, Buick, Electric, Ford, GM, Honda, Hyundai, Lexus, Lincoln, News, Nissan, Other, Toyota, VW

2011 Nissan Quest

2011 Nissan Quest

Enlarge Photo

With the numbers rolling in from major automakers today, it’s difficult to not see progress in August 2011’s car sales figures versus those posted in July–but still, the overall trend is slow, slow, slow.

According to market analysts at J.D. Power, the seasonally adjusted seling rate (SAAR) for August 2011 totaled 9.9 million retail units, a slight improvement over figures for July, but well off the 11-million-unit rate seen in February.

When fleet sales are factored in, the 12.1-million-unit SAAR actually fell a fraction of a percent versus July.

Economic frustration continues to keep car shoppers away from dealerships, Power’s director of global forecastingJeff Schuster says. “There is little question that a strong level of pent-up demand exists, but economic and financial uncertainty is keeping it from being released.”

For the year, Power expects a total of 10.2 million retail vehicle sales, and 12.6 million units including fleet sales.

Which brands posted increases on the month, and which have more warning signs to read as economic recovery fails to gain steam?The results by automaker, with some still to come:

General Motors: GM(NYSE: GM) posted August sales of 218,479 vehicles, for an 18-percent boost. Chevrolet’s winners included the Cruze and Equinox, while GMC’s Terrain was up 88 percent. Buick had its 23rd consecutive sales increase, year over year, and the Regal posted sales double those of last August.

Ford: Ford (NYSE: F) sales of 175,220 were an increase of 11 percent over August 2010. Ford-brand sales rose 16 percent, while Lincoln pulled out of last month’s swoon for a 25-percent increase. The Explorer continued its sales rehabilitation, with numbers up 300 percent from August 2010.

Chrysler: Chrysler sales of 130,119 units translated into a 31-percent increase over last year. Jeep sales were up 58 percent; Fiat had its best sales month yet. Big movers included the Jeep Wrangler and Grand Cherokee, and the Dodge Durango.

Toyota / Lexus: Toyota sales fell 16.1 percent, on total volume of 129,483 vehicles. The Toyota division was down 16.9 percent, while Lexus sales dropped 10.6 percent.

Honda / Acura:Honda says its August 2011 sales results still were affected by the March earthquake in Japan. The company sold 73,267 Honda-brand cars, off 21.2 percent from a year ago, and Acura’s sales of 9,054 units were a drop of 24.5 percent. Total sales of 82,321 vehicles represented a decrease of 27.2 percent.

Nissan / Infiniti:Nissan said its August 2011 sales totaled 91,541 units, for a 19.2-percent increase. Infiniti’s numbers actually were down 4.3 percent, but Nissan-branded cars sold 22.4 percent better than in August 2010. The Leaf electric car topped 1,362 sales, and the Rogue had its best month ever, while the mid-size Altima lineup saw sales rise almost 25 percent over a year ago.

Hyundai:Hyundai CEO John Krafcik says, via Twitter: “August sales? Up 9% over last year to 58,505.”

Kia: Kia had its best August ever, with total sales of 41,188 vehicles, for a 26.9-percent increase.

Volkswagen: VW continued its sales streak with a 10.4-percent climb; it’s up almost 21 percent on the year. Jetta sales rose 55.5 percent, while the Touareg climbed 140 percent. Diesels continue to account for about a quarter of all Volkswagen sales in the U.S.

BMW / MINI: BMW says combined sales of BMW and MINI vehicles in August fell a slight 0.2 percent to 23,924 units. Sales of BMW-brand vehicles were up 6.5 percent to 20,815 units; MINI was down 29.7 percent to 3,109 units. For the year, the combined business is up 14.6 percent.

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August 2011 Car Sales: Another Small, Disappointing Rebound

Posted by: admin  /  Category: BMW, Buick, Electric, Ford, GM, Honda, Hyundai, Lexus, Lincoln, News, Nissan, Other, Toyota, VW

2011 Nissan Quest

2011 Nissan Quest

Enlarge Photo

With the numbers rolling in from major automakers today, it’s difficult to not see progress in August 2011’s car sales figures versus those posted in July–but still, the overall trend is slow, slow, slow.

According to market analysts at J.D. Power, the seasonally adjusted seling rate (SAAR) for August 2011 totaled 9.9 million retail units, a slight improvement over figures for July, but well off the 11-million-unit rate seen in February.

When fleet sales are factored in, the 12.1-million-unit SAAR actually fell a fraction of a percent versus July.

Economic frustration continues to keep car shoppers away from dealerships, Power’s director of global forecastingJeff Schuster says. “There is little question that a strong level of pent-up demand exists, but economic and financial uncertainty is keeping it from being released.”

For the year, Power expects a total of 10.2 million retail vehicle sales, and 12.6 million units including fleet sales.

Which brands posted increases on the month, and which have more warning signs to read as economic recovery fails to gain steam?The results by automaker, with some still to come:

General Motors: GM(NYSE: GM) posted August sales of 218,479 vehicles, for an 18-percent boost. Chevrolet’s winners included the Cruze and Equinox, while GMC’s Terrain was up 88 percent. Buick had its 23rd consecutive sales increase, year over year, and the Regal posted sales double those of last August.

Ford: Ford (NYSE: F) sales of 175,220 were an increase of 11 percent over August 2010. Ford-brand sales rose 16 percent, while Lincoln pulled out of last month’s swoon for a 25-percent increase. The Explorer continued its sales rehabilitation, with numbers up 300 percent from August 2010.

Chrysler: Chrysler sales of 130,119 units translated into a 31-percent increase over last year. Jeep sales were up 58 percent; Fiat had its best sales month yet. Big movers included the Jeep Wrangler and Grand Cherokee, and the Dodge Durango.

Toyota / Lexus: Toyota sales fell 16.1 percent, on total volume of 129,483 vehicles. The Toyota division was down 16.9 percent, while Lexus sales dropped 10.6 percent.

Honda / Acura:Honda says its August 2011 sales results still were affected by the March earthquake in Japan. The company sold 73,267 Honda-brand cars, off 21.2 percent from a year ago, and Acura’s sales of 9,054 units were a drop of 24.5 percent. Total sales of 82,321 vehicles represented a decrease of 27.2 percent.

Nissan / Infiniti:Nissan said its August 2011 sales totaled 91,541 units, for a 19.2-percent increase. Infiniti’s numbers actually were down 4.3 percent, but Nissan-branded cars sold 22.4 percent better than in August 2010. The Leaf electric car topped 1,362 sales, and the Rogue had its best month ever, while the mid-size Altima lineup saw sales rise almost 25 percent over a year ago.

Hyundai:Hyundai CEO John Krafcik says, via Twitter: “August sales? Up 9% over last year to 58,505.”

Kia: Kia had its best August ever, with total sales of 41,188 vehicles, for a 26.9-percent increase.

Volkswagen: VW continued its sales streak with a 10.4-percent climb; it’s up almost 21 percent on the year. Jetta sales rose 55.5 percent, while the Touareg climbed 140 percent. Diesels continue to account for about a quarter of all Volkswagen sales in the U.S.

BMW / MINI: BMW says combined sales of BMW and MINI vehicles in August fell a slight 0.2 percent to 23,924 units. Sales of BMW-brand vehicles were up 6.5 percent to 20,815 units; MINI was down 29.7 percent to 3,109 units. For the year, the combined business is up 14.6 percent.

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August 2011 Car Sales: Another Small, Disappointing Rebound

Posted by: admin  /  Category: BMW, Buick, Electric, Ford, GM, Honda, Hyundai, Lexus, Lincoln, News, Nissan, Other, Toyota, VW

2011 Nissan Quest

2011 Nissan Quest

Enlarge Photo

With the numbers rolling in from major automakers today, it’s difficult to not see progress in August 2011’s car sales figures versus those posted in July–but still, the overall trend is slow, slow, slow.

According to market analysts at J.D. Power, the seasonally adjusted seling rate (SAAR) for August 2011 totaled 9.9 million retail units, a slight improvement over figures for July, but well off the 11-million-unit rate seen in February.

When fleet sales are factored in, the 12.1-million-unit SAAR actually fell a fraction of a percent versus July.

Economic frustration continues to keep car shoppers away from dealerships, Power’s director of global forecastingJeff Schuster says. “There is little question that a strong level of pent-up demand exists, but economic and financial uncertainty is keeping it from being released.”

For the year, Power expects a total of 10.2 million retail vehicle sales, and 12.6 million units including fleet sales.

Which brands posted increases on the month, and which have more warning signs to read as economic recovery fails to gain steam?The results by automaker, with some still to come:

General Motors: GM(NYSE: GM) posted August sales of 218,479 vehicles, for an 18-percent boost. Chevrolet’s winners included the Cruze and Equinox, while GMC’s Terrain was up 88 percent. Buick had its 23rd consecutive sales increase, year over year, and the Regal posted sales double those of last August.

Ford: Ford (NYSE: F) sales of 175,220 were an increase of 11 percent over August 2010. Ford-brand sales rose 16 percent, while Lincoln pulled out of last month’s swoon for a 25-percent increase. The Explorer continued its sales rehabilitation, with numbers up 300 percent from August 2010.

Chrysler: Chrysler sales of 130,119 units translated into a 31-percent increase over last year. Jeep sales were up 58 percent; Fiat had its best sales month yet. Big movers included the Jeep Wrangler and Grand Cherokee, and the Dodge Durango.

Toyota / Lexus: Toyota sales fell 16.1 percent, on total volume of 129,483 vehicles. The Toyota division was down 16.9 percent, while Lexus sales dropped 10.6 percent.

Honda / Acura:Honda says its August 2011 sales results still were affected by the March earthquake in Japan. The company sold 73,267 Honda-brand cars, off 21.2 percent from a year ago, and Acura’s sales of 9,054 units were a drop of 24.5 percent. Total sales of 82,321 vehicles represented a decrease of 27.2 percent.

Nissan / Infiniti:Nissan said its August 2011 sales totaled 91,541 units, for a 19.2-percent increase. Infiniti’s numbers actually were down 4.3 percent, but Nissan-branded cars sold 22.4 percent better than in August 2010. The Leaf electric car topped 1,362 sales, and the Rogue had its best month ever, while the mid-size Altima lineup saw sales rise almost 25 percent over a year ago.

Hyundai:Hyundai CEO John Krafcik says, via Twitter: “August sales? Up 9% over last year to 58,505.”

Kia: Kia had its best August ever, with total sales of 41,188 vehicles, for a 26.9-percent increase.

Volkswagen: VW continued its sales streak with a 10.4-percent climb; it’s up almost 21 percent on the year. Jetta sales rose 55.5 percent, while the Touareg climbed 140 percent. Diesels continue to account for about a quarter of all Volkswagen sales in the U.S.

BMW / MINI: BMW says combined sales of BMW and MINI vehicles in August fell a slight 0.2 percent to 23,924 units. Sales of BMW-brand vehicles were up 6.5 percent to 20,815 units; MINI was down 29.7 percent to 3,109 units. For the year, the combined business is up 14.6 percent.

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Saab Posts Significant First Half Loss, Seeks Loan To Avoid Bankruptcy

Posted by: admin  /  Category: GM, News
2011 Saab 9-5

2011 Saab 9-5

Enlarge Photo

Saab’s financials from the first six months of 2011 are in, and the numbers aren’t good. Swedish Automobile (Swan), parent to both Saab and Spyker, has reported a loss of $288 million in the first half, with a loss of $175 million occurring in the second quarter alone.

Sales for the first half of the year totaled $513 million, but there was a huge decline between the first and second quarters. In Q1, Swan posted sales of $367 million, but by Q2 that number had dropped to just $146 million. Consumer confidence was likely the driving force in the decline: Saab ceased production at their Trollhattan plant in April, after suppliers cut off component deliveries due to unpaid invoices.

Victor Muller, Saab CEO, announced that payment of salaries for Saab employees would again be delayed, and gave his sincere apologies to those affected. If there’s a ray of hope on the horizon, it’s this: Saab is reportedly close to securing a loan (from an unnamed European bank) worth $157 million, which may allow them to pay salaries and suppliers, averting the possibility of bankruptcy. It should even allow Saab to resume production in the coming weeks.

Longer term, Saab has commitments worth an estimated $350 million from Chinese partners Pang Da and Youngman Automotive Group. Both deals require approval from the Chinese government, which has been reluctant to sign off on partnerships between Chinese companies and foreign automakers.

Inside Saab

GM in World Expo: EN-V concept presents the car in 2030

Posted by: admin  /  Category: GM

EN-V concept 01

General Motors (GM) together with its Chinese partner, Shanghai Automotive Industry Corporation (SAIC), presented the face of the automobile 20 years from now at the ongoing World Expo in Shanghai, China.

With the theme “Drive to 2030,” GM and SAIC are presenting their vision for urban transportation in the future wherein driving will be free from emission, accident, petroleum and congestion. It is a future in which driving will also be more enjoyable and more fashionable than ever before.

With the looming fuel crisis the world is facing, GM has come out with a possible solution to the problem with the EN-V concept car, which is an electric networked-vehicle.

The EN-V (pronounced ‘envy’) concept car is the main attraction at the GM-SAIC pavilion at the Shanghai Expo, which is on display until Oct. 31, 2010.

EN-V, or the Electric Networked-Vehicle, is a two-seater designed to answer concerns on traffic congestion, parking availability, and air quality in tomorrow’s cities. The EN-V is the giant automaker’s vision of mobility by the year 2030 — wherein each car will no longer run on fossil based fuels but instead, run solely on electrical power.

Three EN-V models were unveiled during the opening of the SAIC-GM Pavilion at the World Expo in Shanghai. The three variants, Jiao (Pride), Miao (Magic) and Xiao (Laugh), represent three different characteristics that emphasize the enjoyable nature of future transportation.

The egg-shaped car sits two people and runs on two wheels – similar to the popular personal transport device, the Segway. GM and SAIC partnered with Segway for the development of the chassis and electric drivetrain that takes ‘dynamic stabilization’ to a new level. Segway linked the chassis – that contained the electronics, sensors, motors and wheels to a rectangular section of the car that houses the batteries using an articulated slide mechanism. The section contains the equivalent of eight standard Segway batteries giving power to the unit for a longer time.

The Jiao, Miao and Xiao were designed by three GM design studios. The different bodies are mounted on the chassis through the battery section that serves as the mount point.

The EN-V is about five times as energy efficient as the average passenger car. It can travel at a speed of 38 kilometers per hour and can carry two passengers.

The maximum speed for the EN-V may look slow, but the average speed on city roads recorded at 20 kph makes the electric vehicle ideal. And with the slower average speed on city roads expected in the future, GM did away with heavy safety features such as bumpers and airbags to make the cars much lighter.

Using an elaborate system of digital maps, Global Positioning System, cameras and sensors, the EN-V offers drivers ‘autonomous driving’ and brings them to their destinations faster, cleaner and safer.

Its autonomous operating capability offers the promise of reducing traffic congestion by allowing EN-V to automatically select the fastest route based on real-time traffic information. The concept also leverages wireless communications to enable a “social network” that can be used by drivers and occupants to communicate with friends or business associates while on the go.

This combination of sensing technology, wireless communication and GPS-based navigation establishes a technology foundation, pieces of which could migrate from the EN-V concept and potentially lead the way to future advanced vehicle safety systems.

The ability to communicate with other vehicles and with the infrastructure could dramatically reduce the number of vehicle accidents. Using vehicle-based sensor and camera systems, EN-V can “sense” what’s around it, allowing the vehicle to react quickly to obstacles or changes in driving conditions. For example, if a pedestrian steps out in front of the vehicle, EN-V will decelerate to a slower and safer speed and stop sooner than today’s vehicles.

“The EN-V concept represents a major breakthrough in the research that GM has been doing to bring vehicle autonomy to life,” said Alan Taub, Global Vice President of GM Research and Development. “The building blocks that enable the autonomous capabilities found on the EN-V concept such as lane departure warning, blind zone detection and adaptive cruise control are being used in some GM vehicles on the road today.”

The car has been strictly designed for city driving. Having a small footprint, five EN-V’s can park in a spot designed for a conventional vehicle.

EN-V concept 02

To date, GM has produced 14 working EN-V prototypes at a staggering cost of 1 billion Chinese Yuan. Expensive? Maybe, but not so much if you take into account the potential benefits will outweigh the cost.

The New Saab 9X Air Concept – 5 years later you possibly buy 10 model of vehicles

Posted by: admin  /  Category: 5 Years Later Uou Possibly Buy, GM

Here’s a cool video from the folks over at GM Europe showcasing the Saab 9-X Air concept. Sure, it’s only a concept at this point, but the design explores what the open-air Saab of the future might look like, featuring a canopy top (patent pending), four-seat accommodation and the close-coupled proportions of a sports car.

Saab 9X Air concept office picture:

Live Photo:

Saab 9X Air Concept

Posted by: admin  /  Category: GM

saab_9-x_air_concept-1Here’s a cool video from the folks over at GM Europe showcasing the Saab 9-X Air concept. Sure, it’s only a concept at this point, but the design explores what the open-air Saab of the future might look like, featuring a canopy top (patent pending), four-seat accommodation and the close-coupled proportions of a sports car.

 

 

 

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