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March   2008:   Get this: Ford's own internal research shows its approval rating at just 44%, GM's Chevrolet brand at 49% and Toyota is at 74%
            Funny how these auto manufactures claim that they are loosing money. While Ford's stock price is running at about half as it was a year ago, they just awarded CEO Mulally and other executives a total of 2 million stock units valued at nearly $15 million along with 6 million in stock options.
              And what do you think we get from all this?
A new add campain. " Drive one." Yeah drive one into a hole in the ground. Or drive one crazy hearing it all the time.
If you do decide to buy a new automobile, I hope it's a decision that you have thought about for a while. Just as you may want to think about how short amount of time a few months would be to custom order it direct from the factory. For one thing, you'll save around $1,000.oo alone for not paying the advertising fees, a car on the car lot will have attached to it.
            Those advertising dollars are why to don't see me or my truck on TV.

And - Oprah never gave way 250 cars;            General Motors did.

Those Pesky Germans
July 14, 2008

 

Oct. 21,'08: I found this thread over at CR4, a place where engineers hang out. I have to say I agree with these guys for the most part. The interesting thing about it is that it clears up a lot of mis-conceptions about the Hydrogen Car. They know of the problems associated with it. Like one thing I didn't realize is the thay tend to leak out the hysrogen. So the storage tank may not stay as full as you left it for one thing. And another thing is that the energy needed to make the hydrogen, can end up polluting more than a car driven on Natural Gas.
    There is a post mentioning the percentage factors of the different pollutants that are emitted from Gas, Diesel, -verses- Natural gas.
Check it out
Where Are Al@ CR4 Globalspecl the HydroGen Cars

By the way, I read today Oct. 21 in the WSJ that people in Thailand are scarffing up car that run on natural gas. (Brazil and Pakistan are right behind.) Funny thing about all this is even though Honda offers a natural gas Civic in the US, they only manage to sell a few thousand of then each year.
     Get this natural gas prices on the stock market are 47% below their July  peak.
 And what is it with this: Barrels of oil where up to about $140 per barrel at one point and I saw the price of diesel at $5.30 per gallon. But now that a barrel of oil is running about $70.00 I only see Diesel at $4.69 per gallon. Gee I would think it would drop to around the $2.50-$3.00  rang wouldn't you.

        But no way; OPEC is just going to cut production to make it go back up.
     See more about this:
@ BBC Oil at 16 month low.

And for those who think we should become independent upon oil from other counties. You don't know what you are talking about, because I did the math. If the US used only US oil, the US would run out of oil in less than three years. So I say buy it up from other countries, as much as we can get at no matter what the price, because in a long run, who ever has oil in the end wins.       We shouldn't even be burning petroleum in are vehicles and we should be saving the oil for plastics and rubber.
      What gets me is: Australia doesn't have any oil, however they have natural gas, yet they pay a premium for gas and diesel. But the real troubling thing about it is that they are building ships with big tanks to ship natural gas to other countries. I gotta tell you that there is something wrong with that. 
   Another thing that is happening, is that Officials from Russia, Iran and Quatar are meeting to discuss establishing an OPEC-style cartel for natural gas. The US as well as energy importing nations in Europe are a little nervous about that idea because the three counties own about 60% of the natural gas reserves. The EU depends heavily on Russian natural gas. Critics on the proposal say "energy supplies have to be sold in a free market."
  Smells like trouble to me.

  Hybrid tax credit shock
@ Money.CNN.com

 

Ford and Roush are being sued over rarity of Mustangs. Basicly the two companies came up with the idea of selling a customized version of the Mustang. They told the buyers that they were only going to build 100 of the Roush Stage 3 BlackJack editions when they put them on sale in 2007 for $58,846.25; but then they turned around and built another 100 to sell in 2008. A buyers such as Drew Connor of Bardonia NY  who bought the one with the #2 identity plate, have filed a class action suit against the two companies claiming the second hundred that Roush modified and Ford sold at their dealerships, drasticly reduced the value of the first 100 sold.
     I say stick it to them guys.

I found this bit in the WSJ on 8/6-08
 

Its only Junk

Have you bought a
Lemon?

The truth be told, they can sell you a lemon and treat it as if they leased it to you for $.25 per mile and they will drag the whole process out until the last few days before it goes to a court, (at which they would have to label it as a lemon unless they take it to a state where there is no lemon law.)

And when they finally buy it back (before the court hearing,) they won't even have to label it as a lemon when they put it back on the same car lot you bought it from.

I guess I should post another segment from my book about how that game plays out.

It's as if the auto makers had their hands in on the legislation written into the lemon laws.

Still, the $15.00 it cost to register the van for the lemon law was the best $15.00 I ever spent.

 

  You may be wondering what I think of all this. Well I never thought Daimler should have been buying Chrysler in the first place. Chrysler was a company which had more employees that Daimler and Chrysler was making more profit per employee.
       Therefore Chrysler was the bigger of the two and some how the CEO sold out the company (with $700 million in severance pay.) And any change in the auto industry can only be considered good, because what it has been, is bad.
      

 

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Those Pesky Car Guys
My bit on Magna

Belinda Stronach was first elected to the House of Commons in the 2004 general election and then re-elected in the 2006 general election, she is Member of Parliament for Newmarket-Aurora (Ontario). Her father Frank Stronach (from Austria) is the founder of the Canadian auto parts supplier Magna.   

April 11th '07 Belinda Stronach  announced that she would assume the position of Executive Vice-Chair of Magna International Inc. effective immediately, and simultaneously, she will not stand for re-election as a Member of Parliament in the next federal election.

Magna was one of the companies who were considering making a bid for Chysler. Apparently they have the Canadian auto worker's union backing the would be buy-out.

Magna makes-. seats, trim parts as well as suspension and engine components for virtually every Chrysler vehicle manufactured in North America generates about $3.6bn for Magna, or about 15 per cent of its annual revenues. In Austria, Magna actually builds entire cars for Daimler Chrysler.

All I can say is that I may not know much about her except that she ruffled up bunch of the old guy's feathers within the Canadian government. I think she seems pretty impressive and she looks good too.

The Magna company is pretty much ran by politicains though. That can be both good or bad

It looks as though Diamler unloaded 80.1% of Chrysler for $7.4 Billion. It went to Cerberus Capital Management with a debit of $18 billion in pension benefits. That totals about $1,500 per car. That's like 25.4 billion dollar overhead. Heck I don't see why anyone would have even wanted it. I guess venture capitalist might consider a brand name worth the risk.       
       But hay, I'm sure they would know how to nickel and dime stuff. The unions are in a fit right now because they know the parts will be made in China. The future auto maker can pretty much right-off those pension plans. It's all good.
     Update 07-07: Looks like I was right. Chrysler plans to have a company called Chery in China build some of their cars.

Its only Junk

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Its only Junk

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