Detroit Bureau on Twitter

Archive for the ‘Personalities’ Category

Deal Done! Ford Buys Michigan Central Station

Automaker buys historic train station to anchor urban tech campus.

by on Jun.11, 2018

The 18-story Michigan Central Station was once the world's tallest railroad depot. Now it'll be the center of Ford's urban campus in Detroit.

Ford Motor Co.’s ongoing effort to attract young workers to the company by setting up its tech-based operations in Detroit took another step forward today when it announced it completed the purchase of the Michigan Central Station for an undisclosed sum.

The automaker has already set up some tech-oriented operations in the neighboring Corktown district and the acquisition of the train station, previously owned by the Moroun family, which also owns the Ambassdor Bridge, cements the company’s plans for the area.

News You Can Trust!

Company officials declined to comment on what it plans to use the building for, saying it would reveal all of that information on June 19. (more…)

NTSB: Model X Accelerating, Driver Took No Action in Crash

Report doesn't assign blame, just determines final moments.

by on Jun.08, 2018

A fatal March crash involving a Tesla Model S in Mountain View, California. Pic courtesy KTVU.

The National Transportation Safety Board’s investigation into the crash of a Tesla Model X determined that seconds before the crash the vehicle was in Autopilot mode, accelerating and had no input from the driver to avoid the collision.

Walter Huang, 38, was killed on U.S. Hwy 101 in Mountain View, California, when his Model X slammed into a road divider, hit two other vehicles and then burst into flames, Huang, who according to his wife had complained previously about the failure of Autopilot in the same area before, was pulled from the vehicle before it caught on fire.

News You Can Trust!

Huang had the vehicle in its semi-autonomous Autopilot mode for nearly 19 minutes before the crash and it was set at 75 miles an hour. However, due to traffic in front of him, the vehicle was traveling at 65 mph before the vehicle in front of him moved, allowed the Model X to accelerate to the selected speed. (more…)

Chinese Automakers Eyeing International Roles

GAC, Geely looking to make an impact globally.

by on Jun.06, 2018

Geely Chairman Li Shufu purchased 9.7% of Daimler AG for $9.2 billion, and expects to partner with them on electrification..

Guangzhou Automotive Corp. or GAC, one of the largest automotive enterprises in China, still plans to move ahead with plans to export vehicles to the United States in 2019 or 2020, a top GAC executive told the annual Global Automobile Forum in Chongqing, China.

Meanwhile Li Shufu, the entrepreneur who developed Holding Group and recently bought 9.9% of Daimler AG, said he expects to collaborate in the future with the German automaker.

News Now!

Li Shao, GAC vice president, said GAC is fully committed to becoming an international company. The objective of becoming an international company was one of the company’s objectives when it was first organized back in the 1980s, Li said. But very from the very beginning, GAC’s management understood it had a great deal to learn if it wanted to succeed and it also had to do well in China, Li said. (more…)

Nearly 1 in 4 Tesla Model 3 Reservations Have Been Cancelled

Number could escalate as production lags, competition heats up.

by on Jun.06, 2018

After its debut of the Model 3, Tesla logged about 400,000 reservations for the mainstream sedan — at $1,000 each. Now a quarter want their money back.

While Tesla hasn’t given out precise numbers, it’s believed to have quickly logged about 400,000 advance reservations for the Model 3 battery-sedan, each putting down a deposit of at least $1,000.

But the lengthy delays in getting large numbers of the Model 3 into production have been causing serious problems for Tesla, not the least of which was the record loss the company posted during the first quarter. And the problems could grow worse, even though Tesla CEO Elon Musk told shareholders at the company’s annual meeting on Tuesday that production will “quite likely” reach 5,000 sedans a week by the mid-year mark.

Electrifying!

Even if it continues to increase for the rest of 2018, the Tesla plant in Fremont, California, will end the year far short of the 400,000 Model 3 sedans that were expected to be produced for the full year. And with many of those holding early reservations now likely to wait until well into 2019 before they can take delivery, nearly one in four has cancelled their order and asked for a refund. (more…)

Tesla CEO Musk Survives 1st Big Challenge as Chairman as Model 3 “Quite Likely” to Meet Target

Shanghai, European plants could be announced within weeks.

by on Jun.06, 2018

Tesla CEO Elon Musk beat back challenges to his role, while 3 board members were voted back in.

Elon Musk stared down a group of dissident shareholders on Tuesday, surviving the first serious challenge to his dual role as chairman and CEO of the California automaker, while three of his hand-picked board members also fended off challenges.

Musk, who has developed an almost cult-like following among investors and electric vehicle fans alike, has faced an unusual degree of scrutiny in recent months as a result of mounting losses, struggles with production of the Model 3 sedan and a series of widely reported crashes involving Tesla vehicles. But despite some opposition, the company’s annual shareholders meeting was largely focused on promises about great things to come.

News That Matters!

Musk promised that after months of what the CEO has dubbed “production hell,” the pace is picking up at the Fremont assembly plant and that production will “quite likely” reach his 5,000 vehicle-a-week target by the end of June. Meanwhile, he and members of his senior management team outlined other developments to come, including the launch of additional production plants that could substantially boost global demand.

(more…)

UAW Overlooks Schrade’s Role in Union, US History

Union fails to recognize impact of former RFK adviser.

by on Jun.05, 2018

Former adviser to Robert Kennedy and UAW organizer Paul Schrade, who's impact on the union seems to have been overlooked.

When John F. Kennedy first approached Walter Reuther of the United Auto Workers at the 1956 Democratic Party Convention, hoping to win his support for the Vice Presidency, Paul Schrade, as one of UAW President’s top aides, observed the meeting.

However, the vital role of Schrade, who is now 93 and still an activist, in UAW history has been largely overlooked by union during past four decades as the UAW has struggled to maintain its influence both at the bargaining table and in politics.

News You Can Trust!

But Reuther, who had an eye for talent, according to historian and biographer Nelson Lichtenstein, had recruited Schrade to serve on his staff because the “bright young radical” union activist had already made his mark among UAW’s local officers in Southern California’s booming aerospace industry. (more…)

Paris Motor Show Exodus Accelerates

Key FCA brands follow BMW, Ford, Nissan and VW out the door.

by on Jun.04, 2018

This scene is not going to play out this fall at the Paris Motor Show.

It’s looking likely to be rather lonely at the Paris Motor Show this year with a rapidly growing list of major manufacturers announcing they will be no-shows next autumn at an event that has traditionally been a must for the industry.

Auto shows, in general, are coming under scrutiny as manufacturers begin weighing their costs and benefits, and start comparing them to marketing alternatives such as the Consumer Electronics Show in Las Vegas, the Mobile World Congress in Barcelona, and even the annual Pebble Beach Concours d’Elegance.

Auto Show News!

Fiat, Alfa Romeo and Jeep will be holdouts at the 2018 Mondial de l’Automobile, which was set to begin on Oct. 2 with two days of press debuts, and then remain open to the public through Oct. 14. Fiat Chrysler Automobiles will still show off its Maserati brand, as well as Ferrari. (more…)

FCA Maps Out a Self-Driving Strategy

Automaker teams up with Waymo, BMW and Aptiv, but carves out its own path.

by on Jun.01, 2018

A Waymo-modified Chrysler Pacifica Hybrid.

While there are a growing number of autonomous vehicle prototypes on the road these days, Waymo and Fiat Chrysler Automobiles made headlines when they announced, earlier this week, plans to direct as many as 62,000 Pacifica Hybrid minivans into the self-driving ride-sharing service the Google spin-off will launch later this year.

By some estimates, 20% or more of the miles Americans clock on the road will be in driverless vehicles operated by ride-sharing services like Waymo, Uber and Lyft by the end of the coming decade. Millions of motorists may opt to give up their personal vehicles and switch to those services. Millions more are expected to own their own autonomous vehicles.

The Last Word!

Until recently considered a laggard in the self-driving field, FCA has jumped in big, relying on partnerships with not only Waymo, but BMW and mega-supplier Aptiv. And that approach will not only help it to make up for lost time but give FCA several alternative paths to follow.

(more…)

FCA Planning to Plug In

After slow start, automaker reveals big plans for electrification.

by on Jun.01, 2018

The production version of this Maserati Alfieri concept will use an electrified drivetrain to launch from 0 to 60 in barely 2 seconds.

Sergio Marchionne isn’t much of a fan of battery power, or at least he hasn’t been until recently. When Fiat Chrysler Automobiles launched its first all-electric model, five years ago, the CEO actually urged motorists not to buy it, admitting FCA lost about $25,000 on every one of them.

But at the automaker’s “Capital Day,” in Milan on Friday, Marchionne and his management team were far more upbeat, announcing plans to add dozens of electrified vehicles – everything from mild hybrids to pure battery-electric vehicles – into the FCA line-up over the next give years.

Electrifying!

The economics still aren’t great, noted Mark Chernoby, the automaker’s head of technology compliance, but in an era of increasingly stringent emissions and mileage regulations, it’s the only real day to meet targets being set in markets as diverse as the U.S., Europe, China and Brazil. That’s all the more so as FCA continues to migrate from traditional sedans and coupes to the less efficient SUVs and CUVs that will overwhelmingly dominate its global line-up.

(more…)