Rumormill: Vauxhall going after city car market with Trixx EV?…GM‘s European arm put a toe in the water of the rapidly expanding city car market with its Opel Trixx concept. A few years later, though, GM‘s Carl-Peter Forster indicated that the automaker would not be entering that microcar market after all. Fast forward another couple of years and (surprise!) it looks as if GM may be once again reversing tha…

 REPORT: Penske lines up as potential Saturn suitor…GM, SaturnThe typical relationship between automakers and dealerships, of course, is for the dealers to sell the cars that the automaker produces. But with General Motors shedding like a dog in springtime, it’s the dealers who have been looking to buy the brands themselves. Following interest expressed by German dealers to acquire Opel and a gro…

…Chrysler and GM EuropeFiat’s alliance with Chrysler is only the beginning, as the Italian automaker makes a bid at acquiring General Motors’ European operations, including Opel, Vauxhall and Saab. Other news of import Chrysler begins “New Car Company” ad campaign in newspapers 2010 Chevy E…

GM hopes to sell Saturn by the end of 2009

(Source: Detroit Free Press & Image: Jalopnik)

WASHINGTON – The Obama administration and U.S. House members have reached a compromise over a “cash for clunkers” bill that would offer as many as one million vehicle buyers a voucher for up to $4,500 each to spur car and truck sales.

(Source: NY Times)

WASHINGTON — Ray LaHood, the secretary of transportation, is not one to toot his own horn over how much he knows about planes, trains and automobile bailouts. On the contrary.

“I don’t think they picked me because they thought I’d be that great a transportation person,” Mr. LaHood says with refreshing indifference as to how this admission might play if, say, he were ever to bungle a bridge collapse.

Yes, transportation is Mr. LaHood’s day job, a post that a few days ago required him to attend a groundbreaking ceremony for a highway in New Hampshire, speak to a group about the dangers of tailgating trucks and discuss “bird strikes” on CNN.

But one of the astonishing things about Mr. LaHood, 63, is how limited his transportation résumé is, how little excitement he exudes on the subject (other than abouthigh-speed rail) and how little he seems to care who knows it. So why exactly did President Obama pick this former seven-term Republican congressman from Illinois to oversee everything that moves?

Mr. LaHood posits a theory. “They picked me because of the bipartisan thing,” he explained, “and the Congressional thing, and the friendship thing.”

The “bipartisan thing” and the “Congressional thing” are self-evident: Mr. LaHood is a Republican with close ties to Capitol Hill. One White House insider described Mr. LaHood as “a master of odd jobs,” whose knowledge of Washington allows him to take on assignments as varied as lobbying lawmakers on the budget and helping political novices in the cabinet navigate Beltway social rituals (“cocktail situations,” as Energy Secretary Steven Chu calls them).

In the White House, Mr. Chu describes Mr. LaHood, a former junior high school social studies teacher, as a source of “fatherly advice” for Washington newcomers like himself.

One “cocktail situation” occurred recently at the annual Gridiron Club dinner. Mr. LaHood was seated at the head table near Mr. Chu, and between Arne Duncan andTimothy F. Geithner, the education and Treasury secretaries. The men asked Mr. LaHood if they could flee the dinner before the interminable speechifying ended. No, Mr. LaHood counseled.

“I said, ‘Look, you’re window dressing,’ ” Mr. LaHood said. “ ‘You’re more of a prop. But it’s part of what we have to do.’ ” Mr. Chu and Mr. Duncan heeded the advice; Mr. Geithner did not.

(Source: Logos Blog)

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Bellingham, WA – Equipment purchases at Logos Bible Software typically include laptops, servers, and networking gear. So company president Bob Pritchett was surprised to see an IT department purchase request that included everything necessary to set up a bicycle repair shop.

“It was a great idea. Many of our employees bike to work, and others go for rides during the day. Having a fully-equipped bike shop on site is a great way to encourage healthy habits that are good for the environment, too,” said Pritchett.

With more than 170 employees, Logos has a number of serious cyclists who work on their own bikes. Their willingness to help co-workers with everything from simple repairs to getting a long-unused bike back into shape is encouraging more employees to trade four wheels for two.

“Since installing the bike shop, I’ve been super motivated to ride to work,” said Jim Straatman, Logos’ IT manager.  “Also, my bike is running exceptionally smooth now that I have a place to work on it.”

Bellingham is a cyclist’s paradise, surrounded by bike lanes, mountain trails, and cliff-side drives. Logos’ on-site lockers and showers made it easy for employees to add their commute to their list of regular rides. The new bike shop and a bike-friendly downtown location provide a great motivation for those who haven’t ridden since childhood to get rolling again.

Logos Bible Software’s bike shop consists of an 8-foot workbench, a bike stand, and a peg board full of tools. The total investment was around $1,500, and occupies less than 100 square feet.
“In the space of a single office, and for less than it would cost to cater lunch for the company, we’ve been able to make a healthy investment that our employees really appreciate,” said Pritchett. “By making it easier to fix little things like a flat tire or squealing brakes, we’re getting more of us up from our desks and out of our cars.”

Hopefully Logos will see a big response from employees next Friday, and lots of folks will bike in to work.  For added motivation, that Friday will also be the day of Logos’ annual Chili Cookoff.  I am sure folks can enjoy an extra helping of chili without any guilt, knowing that there is an option to bike away the extra pounds on the way home from work.

Note:  Way to go, Logos! I only hope that other companies around the country would follow/adopt such practices, which not only contribute to a healthly way of life for  the employees but they also add to our country’s efforts to cut pollution from automobiles.  TransportGooru appreciates Logos’ efforts to assist its biking populace!

GM Hires Adviser to Help Sell Saturn

(Source & Image: LA Times)

Drivers are turning to alternative fuels and cutting consumption.

 

Click here to read the entire article.

(Source: The Infrastructurist)

The so-called peak oil debate has taken many twists and turns over the years. After long being an oddball survivalist preoccupation, the debate gathered mainstream momentum a few years ago as oil prices began a long ascent from around $30 per barrel to $147, where they topped out last summer. By the time a barrel of West Texas crude was rising eight bucks a day, scarcity seemed like the best and only explanation–that no matter how hard we tried, we couldn’t pump enough oil to meet demand.  OPEC cut production, inventories rose, and it seemed like, in fact, we had plenty of oil for the foreseeable future and the whole thing had just been hedge fund shenanigans.

Maybe not, Raymond James now cautions. “We believe that the oil market has already crossed over to the downward sloping side” of all-time total production, say analysts at the financial services company. While cautioning that nobody but historians can be sure, they believe production peaked in 2007 for non-OPEC countries (Russia, Norway, Mexico, etc.) and last year for OPEC (Saudi Arabia, Venezuela, Iran, etc.). “It is entirely intuitive to conclude that if both OPEC and non-OPEC production posted declines against the backdrop of $100/bbl oil–when the obvious economic incentive was to pump at full blast–those declines had to have come for involuntary reasons such as the inherent geological limits of oil fields.” In other words, we had a perfect environment for testing the peak oil hypothesis, and the results are in. We’ve peaked.

My reponse? Yawn. We’re all unemployed Prius drivers anyway these days. Oil is an anachronism.

The biggest immediate crisis would be in transporation, because that’s where most of our oil goes. When gas hit $4 per gallon last spring, the financial strain was hitting the breaking point for many households–particularly outer suburban households. The arrangement of many American cities started to look insane: Working class people commuting 50 miles by car each way to their jobs?

The answers in this scenario would have to be rapid. No 30-year development plans. Instead: find cheap and efficient ways of getting lots of people around, and find them pronto. As a start, that would mean making it much easier for people to ride bikes, take trains, and form van pools.

Peak oil has always been an eye-roller in the establishment debate. It’s not clear that Obama has ever even been *asked* about it.

(Source: Wall Street Journal)

General Motors Corp. is expected this week to accelerate talks with the United Auto Workers union and move toward closing about 2,600 dealerships.

 The giant auto maker also is likely this month to approach banks holding secured debt, hoping to work out terms to ease the company’s debt burden.

Reaching agreement on these fronts is critical if GM is to restructure outside of bankruptcy court.

The company has new leverage as it re-engages in talks, thanks to the bankruptcy filing last week by Chrysler LLC. But differences between the two auto makers mean that leverage can take GM only so far.

“The move with Chrysler signals to the GM creditors that bankruptcy is a viable option,” said Lewis Rosenbloom, a bankruptcy lawyer with Dewey & LeBoeuf. Mr. Rosenbloom’s firm does extensive work for GM and Chrysler. “The government is not just going to throw money at this without getting a consensual accord, so I think this is a harbinger of things to come.”

The Treasury Department has given GM until June to work out a restructuring plan and has indicated it may push the company into bankruptcy if the necessary deals don’t materialize.

GM’s hopes of staying out of court hinge on its ability to convince thousands of unsecured bondholders, owed $27 billion, to accept a small equity stake in the company in exchange for forgiving most of the debt. Several bondholders have said the equity exchange will fail if the terms aren’t sweetened.

(Source: Timesonline, UK)

Fiat last night set out its blueprint to reshape the global car industry, outlining plans to spin off a new company that will include General Motors’ European business and Chrysler.

 The Italian car manufacturer meets German ministers today to set out a plan that would bring GM’s Vauxhall, Saab and Opel into a company with Fiat’s core car marques, including Fiat, Alfa Romeo and Ferrari.

The company said last night that the possible new company, which would be floated, would have revenues of €80 billion (£71 billion) and an output of between six million and seven millon vehicles a year, which Fiat believes will give it the necessary scale to weather the crisis besetting the automotive industry. The proposed company would be the second largest car group in the world.

In Britain, unions have hinted that a Fiat takeover of Vauxhall would put at risk 5,000 jobs at Luton and in Cheshire. GM employs 300,000 workers worldwide.

GM has struggled to find a buyer for its non-core businesses as it seeks to avoid following Chrysler into bankruptcy. But Fiat faces some German opposition over its ownership of Opel, GM’s German subsidiary.

Sergio Marchionne, the chief executive of Fiat, will today meet the Economy Minister and the Foreign Minister of Germany. Karl-Theodor zu Guttenberg, the Economy Minister, warned that the German Government required a long-term strategy.

In an interview with a German newspaper, he said: “We will not enter into any financial adventure with taxpayer money. The concept must clearly show that Opel plants in Europe that are to be kept open will be secured over the long term.”

Angela Merkel, the German Chancellor, has suggested the German Government could offer loan gaurantees to help safeguard jobs at Opel.

Fiat wants to acquire Opel after its eleventh-hour deal last Thursday to buy an initial 20 per cent of Chrysler. The company believes that it needs a partner to reach the scale of production necessary to weather the crisis besetting the motor industry.

Fiat’s overtures to Opel quickly follow its agreement to enter a partnership with Chrysler after it emerges from bankruptcy. Fiat will share its fuel-efficient technology in return for gaining a stake that will eventually turn into a majority holding in the company. Chrysler filed for bankruptcy after creditors refused to accept a restructuring deal.

In its desperation to avoid following Chrysler into administration, GM has been attempting to offload its unprofitable, non-core assets.

Auto threesome? Fiat CEO confirms pursuing partnership with Opel…GM, Opel, Vauxhall, FIAT, UAW/UnionsAs if Fiat doesn’t have enough on its plate while working on an alliance with Chrysler during its bankruptcy proceedings, the Italian automaker’s CEO has finally confirmed that it’s pursuing an alliance with General Motors’ German arm Opel.In the Fiat-owned newspaper La Stampa, CEO Sergio Marchionne said, “Now…from Autoblog

Rendered speculation: Chevrolet Sky-Volt?…disappointment to GM fans was the transformation of the Chevy Volt from concept to production form. The sporty, aggressive concept was to many eyes made too generic for production. One of our readers came up with a novel solution to both problems. Just graft the Volt concept nose onto the Sky and install an adaptation of the Voltec powertrain an…from AutoblogGreen 

REPORT: RWD Commodore platform could underpin Caddies, G8 GT could make a comeback…GM, GMC, Australia Pontiac G8 ST – Click above for a high-res image gallery With Pontiac’s death official, Holden stands to lose around $1 billion annually with the demise of the Pontiac G8. However, Holden doesn’t plan to go quiet into night. The Aussie automaker has drawn up plans to offer the rear-wheel drive Commodore platform to Cadillac an…from Autoblog 

Opel Insignia SportTourer OPC: An Audi S4 Avant-Fighter [Rendered Speculation]…heard that GM is pondering whether or not to bring the Insignia over here as a Buick, but with the current financial situation being faced by the General, we won’t believe anything until we see it. While we’re asking questions — How about an Audi RS4 fighter, or is that asking waaaay too much? [illustration via KORSdesign]from Jalopnik 

eBay Finds of the Day: Pontiac Vibe GT-R and G6 GXP SEMA showcars…world GM division. But for a lucky two, that thrill can be experienced every day on their own driveway as two past Pontiac show cars have popped up on eBay Motors for sale.First up is the Pontiac Vibe GT-R that debuted at the 2002 SEMA show in Las Vegas. Boasting a unique Opera Red Metallic paint job, ram-air induction hood scoop, special body-k…from Autoblog

CNBC’s Dennis Kneale Wouldn’t Know A Car If It Hit Him In The Ass [Auto Tech Wars]…in every GM vehicle. That aux-in jack that can be found in every GM product is the same aux-in jack you’ll find in every Toyota product. But more to the point of supposed technological superiority — find me a Toyota or Honda-branded vehicle with a plug-in-play system that works as effortlessly as Ford’s Sync system. Tell you what — Kneal…from Jalopnik 

Pontiac G8 GXP, Solstice Coupe – Future collectors items? [w/POLL]…lost when GM inexplicably dropped classic names like Bonneville, Grand Prix and Grand Am.We’re not going to disagree with that assessment, but it may not be the whole story. If sales figures alone can predict a future classic, perhaps we should rush out and put a new Solstice Coupe GXP in our driveway. We spoke with Pontiac’s media relations man…from Autoblog

Camaro Police Cruiser: Long Mullet Of The Law [Chevy Camaro]The 2010 Chevy Camaro is likely to attract its fair share of police attention. But what if the new Camaro was the police car? Whoa. Rendered gallery below. The detailed photoshop adds much of the features you’d expect from a police car, including the push-bar and an LED light-strip above the roof. Without many additions the Camaro looks the part of…from Jalopnik 

GM Autosales for April fell 33% – Toyota Falls Behind Ford Ford Motor’s vehicle sales dropped 32% last month, but the healthiest of Detroit’s auto makers outsold Toyota in the U.S. for the first time in at least a year. GM’s sales fell 33%.