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AUTOS' WORLDWIDE
* Japan - Toyota's managers targeted - Japanese police say 3 quality-control officials may have played down steering problems in '90s
Tokyo,Japan -AP/The Detroit News, by Christine Tierney -12 July 2006: -- Toyota Motor Corp. finds itself in a deeply uncomfortable position as three of its quality-control managers in Japan are the focus of a criminal investigation into whether they downplayed reports of steering problems in the mid-1990s... That problem was subsequently cited as the possible cause of an accident in Japan that injured five people and eventually led to a global recall by Toyota of more than 1 million vehicles...
* USA - MG will be Chinese owned and U.S. made
DETROIT,Mich,USA -The New York Times, by Nick Bunkley -JULY 12, 2006: -- Can the mystique of a British sports car be recreated by a Chinese company in America's heartland? ... That is the bet by Nanjing Automobile Group, which plans to resurrect the fabled MG marque in a demonstration of how truly global the automotive industry has become... Nanjing, which purchased the assets of the bankrupt MG Rover Group last year, is aiming to be the first Chinese carmaker to open a factory in the United States. The company was set to hold a news conference Wednesday in Oklahoma to announce plans to build a newly designed MG TF Coupe there starting in 2008...
* UK - Comments on GLOBAL MOTORS? - Will GM Shrink its Way to Success?
The embattled automaker has now shown it can downsize like nobody's business. But in a brutal summer selling season, the real trick will be growing its business
London,UK -Time, by DAREN FONDA -Jun. 27, 2006: -- General Motors isn’t the most efficient automaker in America. It does not produce the highest-quality cars (that would be Porsche), the funkiest designs (check out Scion), or offer the best prices when you factor in resale values (versus Honda and Toyota). But say this for the General: nobody beats it at downsizing. GM CEO Rick Wagoner acknowledged as much in a press conference this week, noting that “over the past 10 years, [GM] has had a lot of experience in this regard.”...
* UK - 'Ghosn Motors' (or Global Motors): Emerging markets could be the key
UK -just-auto.com (subscription) -12 July 2006: -- If Kirk Kerkorian gets his way and installs Renault-Nissan as General Motors’ partner, he’ll want to see a return... Clearly Kerkorian, GM’s single largest shareholder, is unhappy with the speed of the company’s turnaround, and he believes Renault-Nissan boss Carlos Ghosn – “Le Cost Killer” – will sort things out at a brisker pace...
* USA - Government opens investigation of Scion tC sedans
WASHINGTON,DC,USA -Associated Press -July 11, 2006: -- The government is investigating Scion tC sedans after receiving reports that the vehicle's glass moonroof may shatter, dropping fragments into the passenger compartment... The National Highway Traffic Safety Administration said in a posting on its Web site Tuesday that it had opened a preliminary evaluation involving an estimated 112,800 tCs from the 2005-06 model years...
posted by Unknown @ 6:03 PM
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