Category Archives: milestones

JMC, Ford Develop Territory in China

Territory was developed and tested at Ford in Nanjing, China and Melbourne, Australia. The all-new SUV will be manufactured at JMC’s Xiao Lan plant. No word yet on possible export plans to North America, which is currently embroiled in Trump’s trade wars, although Ford acknowledges it has another small crossover coming there. From where is not confirmed. Continue reading

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Milestones – Production of 10 Millionth Mustang

The 10 millionth Ford Mustang is a, 460 horsepower 2019 Wimbledon White GT V8 six-speed manual convertible equipped with the latest driver assist technology and built at Ford’s Flat Rock Assembly Plant in Michigan where Mazda once built cars. Continue reading

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US DOT and EPA Want to Slash Fuel Economy Standards. Trump Administration Proposal Has Many Critics

The Trump Administration claimed that the new national automobile fuel economy and greenhouse gas emissions standards will give the American people greater access to safer, more affordable vehicles that are cleaner for the environment. Continue reading

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Global Warming to Be Twice as Bad as Predicted

Yet these significant observed changes are generally underestimated in climate model projections that focus on the near term. Compared to these past observations, climate models appear to underestimate long term warming and the amplification of warmth in Polar Regions. Continue reading

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Sergio Marchionne Dead at 66

An intense, yet approachable CEO, smitten with black sweaters and Apple products, Marchionne was capable of referring to business theories – some of them wryly his own about, say, the collective madness of the industry over autonomous and electric cars during auto show executive braggadocio, with references to linguistic philosophy, current politics and history during a single press conference. Continue reading

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Oshkosh Silliness? First Flying Car Slated for 2019

However, neither Chinese investments nor smart people appear to be in favor with President Trump who is enmeshed in a trade war with China and most U.S. allies that has the potential – or promise – to greatly harm auto companies in the U.S. and their workers. Continue reading

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Porsche Sets Record 5 Minute 19.55 Lap Time at Nürburgring Nordschleife in Marketing Ploy with an outdated 919 Hybrid

Timo Bernhard (D) lapped the 20.832-kilometer (12.94 miles) Nürburgring Nordschleife – aka Green Hell – race circuit in 5 minutes and 19.55 seconds. This is an average speed of 233.8 km/h (145.3 mph) on what is one of the world’s … Continue reading

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SoftBank Vision Fund to Invest $2.25 B in GM Cruise

The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading

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Monthly Sales Reports Die as GM Shifts to Quarterly Updates

“Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market,” said Kurt McNeil, U.S. vice president, Sales Operations. Continue reading

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70 Years Porsche Sports Cars at Retro Classics

The Porsche Museum is celebrating “70 years of the Porsche sports car” at this year’s Retro Classics exhibition on March 22–25, 2018, at the Messe Stuttgart trade fair center. Continue reading

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Troubled Asset Relief Program – Total Cost $32B

The Troubled Asset Relief Program (TARP) of 2008 and other desperate actions let the Department of the Treasury promote stability in financial markets through the purchase and guarantee of “troubled assets.” It was a latter part of the Emergency Economic … Continue reading

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Largest US Auto Exporter – BMW Manufacturing

BMW Manufacturing has exported 272,346 BMW X models from the Spartanburg plant during 2017. Nearly 87% of these “Sports Activity Vehicles and Coupes” were exported through the Port of Charleston with a value of approximately ~$8.76 billion, according to data from the U.S. Department of Commerce. Continue reading

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Renault-Nissan-Mitsubishi and Didi Chuxing Sign Chinese Car-Sharing MoU

Automotive Alliance to explore future business opportunities with global Chinese transportation company. Continue reading

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Automotive Hall of Fame Honors Roy Lunn and GT40

Lunn was ideal to work for Ford. A former designer and engineer for AC, Jowett, and Aston Martin, he previously led a Le Mans campaign for Aston and his work had led him, eventually, to a position in Dearborn – via Ford of England where he designed the Anglia. In that Detroit suburb, notable for a racist Mayor, Lunn contributed to the mid-engine 1962 Ford Mustang I. Continue reading

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Racing Legend Dan Gurney Dead at 86

Gurney was also the first driver to spray champagne on the podium, inadvertently starting a tradition that is now imitated all around the world. Hoosier milk doesn’t foam, though. Continue reading

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