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Sad Day for Gearheads, The End of SAAB

by coldwarrior ( 86 Comments › )
Filed under Economy, History, Open thread, Transportation at February 19th, 2012 - 3:00 pm

I always had a respect for SAAB, they made some unique cars. I wanted a SAAB 900 series in the worst way in the 80’s and 90’s. Didn’t want a 9000 so much after we managed to blow up the engine on the autobahn in a rental version, ooops. Some pics and links were added to the story below for reference.

 

Sad end as book closes on Saab story
By David Linklater

Well, it looks like it’s really over this time: end of an icon. Troubled Swedish carmaker Saab went into bankruptcy in December and save a “white knight” investor stepping in, the marque will quietly breathe its last as 2012 progresses.

Assets are being sold off and the last 100 or so cars on the assembly line were reportedly crushed. That’s pretty sad.

But things have been bad for a while. General Motors never made the impact it had hoped with Saab (it bought the Swedish maker in 1989) – possibly because it didn’t build the cars the once-innovative marque deserved.

In the midst of the global financial crisis in 2008, GM put Saab up for sale, but it took nearly two years and many failed negotiations for a deal to be made with Dutch supercar maker Spyker in January 2010.

There were big plans, including expansion into China, but the revitalised Saab started to collapse again in April 2011. Distress funding was mooted involving different Chinese partners, the most promising of which were Pang Da and Zhejiang Youngman Lotus Automobile. Ultimately, GM blocked the deal, as it did not want its platform and powertrain technology in Chinese ownership.

On December 19 last year, Saab filed for bankruptcy. Which is the end. Or not, as Swedish law allows for a company to be bought out even when it’s in administration.

There’s some good news: among the assets being sold off were the 120 cars in the Saab Museum.

It was feared the prized collection would be broken up and disappear into private hands but, reportedly, the city of Trollhatten, Saab AB (parent company of Saab Automobile until 1989) and The Wallenberg Foundation have raised the funds to keep the collection together.

What next? To be confirmed. But we get the feeling now might be the time to sit back and celebrate a once-great company. Here are five of our favourite Saabs.

SAAB 92 (1949)

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Saab was originally an aviation company, making planes for the Swedish Air Force, and its first production car showed aerodynamic styling. Under the svelte shape was a 764cc two-cylinder engine with 19kW. Top speed was 105km/h.

SAAB SONETT III (1970)

 

 

Just to show Saab wasn’t all about swish-looking family cars, it had several tries at the Sonett sports car – a roadster in 1955, the Sonett II coupe in 1966 and finally one that actually sold, the Sonett III of 1970. It was nowhere near as pretty as the cars before it, but over 8000 were sold before the oil crisis ended production in 1974 – four times the production of the Sonett I and II models combined.

SAAB 99 TURBO (1978)

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The Saab 99 was launched in 1968 but looks fresh even today, with its signature wraparound windscreen and “hockey stick” C-pillar. The 1978 Turbo version was one of the first mass-produced turbo cars and was rallied by the real Stig – Blomqvist, that is.

SAAB 900 CONVERTIBLE (1984)

 


The model that established Saab as a style icon. The 1984 900 convertible was the first in a line of four-seat drop-tops that were supremely sexy. Mention Saab and for many, this is the car that springs to mind.

SAAB 9-5 (2010)
Notable because it finally achieved what GM always wanted: style, quality and driver-appeal to rival German executive cars. European press really rated the all-new 9-5, but its dependence on GM technology was probably what finally sent Saab into bankruptcy.

“Try DOME GAS – It’s Better”

by Bunk Five Hawks X ( 97 Comments › )
Filed under Economy, History, Humor, Open thread at June 16th, 2010 - 10:00 pm

[Originally posted here, 12 July 2009, but not entirely out of date. Click on the image for a larger view.]
Dome Gas 1926_Strange Cosmos 090710

WHOA! 23¢ a gallon! And what a GREAT slogan.

Let’s talk about gas prices vs. inflation.
Inflation calculator: 1926-2009 = 1,108.2%

Price per Gallon in 1926 (regular, leaded): $0.23/gal
Federal Gasoline Tax (up to 1933): $0.01/gal = 4.55%
Actual cost per gallon (1926 dollars): $0.22/gal
Actual cost per gallon, less taxes (2009 dollars): $2.66/gal

Price per Gallon (regular unleaded) 10 July 2009: $2.90/gal
Federal Gasoline Tax 2009: $0.184/gal
California (Local + State + Fed Taxes) 6 July 2009:
$0.645/gal* = 2.9%

* Includes CA Sales Tax (7.25%) CA County & Local Sales Tax (1.25%), and UST tax (1.2%) whateverTF that is.

Actual cost per gallon, less taxes (July 2009): $2.26/gal**

**Note that the base price stated for California gasoline includes costs for state mandated fuel additives, summer/winter mixes, ethanol. Note also that this amount includes franchise fees, business license fees, miniscule profit by the small business folks, and Swantzenegger Boxer Feinswein Pelosi & Waxman fees, other “revenue enhancement fees” emanating from Sacramento, and costs for gettin’ the lead out.

[Sources found here and here.]

Now Let’s talk about mileage and cost and technology.

MILEAGE & COST

Say you’re in Washington D.C. and you want to drive to Little Rock Arkansas to have a chat with a former President at his library, Bubba’s Books. It’s a little over 1,000 miles away. Let’s also assume that all the roads are paved and level; no mountain passes or dirt roads to take. Lookee here.

1926 Model T

1926 Ford Model T (1909-1927)

When production of the Model T began, the cost was around $850, around $1200 less than most cars. By the early 1920’s, the price of the Model T cost about $300.

(Cost $300 in 1920 dollars = $3,207 in 2009 dollars.)

22hp engine, no a/c, no electrical appurtenances, manual windshield wipers, manual crank start (risking a broken arm):
Top speed (level paved road): 30 mph
Gas mileage: 13-21 mpg
1K miles @ 30 mph (excluding stops): 1 day 9 hours 20 minutes.

Trip Cost in 2009 dollars:
1,ooo mi./21 mpg x ($2.66+$0.645 taxes)/gal = $157.62

2009 Ford Escape

 

2009 Ford Escape SUV – $20,515 (basic)

171 hp engine, electronic ignition, emission controls, a/c, electrical appurtenances, safety equipment;
Top speed: 100+? mph
Gas mileage: 20-28 mpg
1K miles @ 65 mph (excluding stops): 15 hours 23 minutes.

Trip Cost in 2009 dollars:
1,000 mi./24mpg x $2.90/gal (incl. taxes) = $120.83

Cool. 83 years later, a 1,000 mile roadtrip in an evil gas-hoggin’ SUV takes less than half the time and costs almost $40 less. Is this a Great Nation or what?

We have cheaper gasoline than at the dawn of the automotive era, and we’re able to drive farther, faster and more efficiently than ever. So what did Our President have to say about it?

Obama, touring a California electric car plant on Thursday, said, “The 1908 Model T _ think about this _ the 1908 Model T earned better gas mileage than the typical SUV in 2008… Think about that: 100 years later, and we’re getting worse gas mileage, not better, on SUVs,” Obama said.

Complete apples/basketballs non-sequitur.

Yeah it’s an Obama story that’s only 4 months old as of this post. My point is that gasoline is cheaper and of better quality now, and that automobiles are cheaper, more efficient, and safer than they’ve ever been in the history of the industry.

Wanna make gasoline EVEN cheaper, reduce oil imports, and employ more workers and give REAL stimulus to the US economy?

Let’s compete with OPEC by drilling in ANWR, the Gulf of Mexico, Atlantic & Pacific Oceans, and refurbish and build more refineries. Then we can buy PEMEX, too, and help resolve some of Mexico’s financial problems.

It’s my opinion and it’s very very true.

Government Motors Kills Saturn

by tqcincinnatus ( 185 Comments › )
Filed under Economy, Socialism at October 2nd, 2009 - 5:00 am

Great, I knew I should have bought that Honda instead,

For those who expected General Motors’ once-funky Saturn brand to live on with a new owner, there has been a sad twist. Saturn, once billed as a different kind of car company, appears as dead as Pontiac and Oldsmobile.

At the brand’s 350 remaining dealers around the country, there were high hopes that a deal would be announced for GM to sell the brand to former race car driver and auto industry magnate Roger Penske.

Instead, Penske Automotive Group Inc. announced Wednesday it is walking away from the deal, unable to find a manufacturer to make Saturn cars when GM stops producing models sometime after the end of 2011. GM then announced it would stop making Saturns and soon would close down the brand, just like it did with Oldsmobile in 2004 and soon will do with Pontiac.

The day’s events mean an almost certain end to Saturn, a brand that was set up in 1990 to fight growing Japanese imports. Instead of celebrating a rebirth, the announcements sent dealers scrambling for ways to stay open and preserve about 13,000 jobs.

“I find this hard to believe,” said Carl Galeana, owner of two Saturn dealerships in suburban Detroit. “Everyone’s been saying we’re right at the goal line.”

News flash for Mr. Galeana – people connected with the government lie. Routinely.

However, I suppose that this one can’t be blamed on Obama. Apparently Saturn was running in the red for quite a while, but nobody bothered to do anything about it because it was “hip” and “cool” and appealed to young people, just the sort of idealism that finds things like “making the necessary changes to our business model so that we can become profitable” to be just a tad tawdry.

On a personal note, I guess I’m going to have an even tougher time getting service for the used Saturn Ion I bought earlier this year with the payout from my totaled Scion. Which is a shame, because the Ion is a piece of junk.

Obama Increases Governmental Power With Energy

by WrathofG-d ( 15 Comments › )
Filed under Barack Obama, Democratic Party, Economy, Liberal Fascism, Technology at May 19th, 2009 - 11:15 am

It has famously been said that hell is paved with good intentions.  This is hardly more true then when speaking about Government.

All shaving away at ones personal liberty is usually done for the nebulous purpose of “public safety”, or “social good.”  It is a skill that is becoming evidently clear President Obama has mastered.  We might not realize it until it is too late, but we are trading our personal liberty for today’s equivalent of political snake oil.

Accidentally, the article below explains exactly how the Government does it right under our noses.

(*Hat Tip: VAPIG)

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http://image.examiner.com/images/blog/wysiwyg/image/barack_energy.jpgObama announces new vehicle-emission standards

President Obama on Tuesday announced a new policy that for the first time merges fuel-efficiency standards for vehicles with limits on tailpipe pollutants, an effort to unify regulations that will greatly influence how the country’s beleaguered automakers design vehicles.

“This is an historic agreement to help America break its dependency on oil,” Mr. Obama said outside the White House, in the Rose Garden.

The new Corporate Average Fuel Economy (CAFE) standard will begin in model year 2012.  Automakers will be required to have a fleet average of 35.5 miles a gallon by 2016 — four years earlier than Congress mandated in 2007.  By that date, the administration also will require tailpipe emissions to be reduced by 30 percent. Vehicles in the 2020 model year must have a fuel efficiency of 35 miles a gallon.

The policy will be the equivalent of taking 58 million cars off the road for a year, Mr. Obama said.

The new regulations will likely add at least $600 to the cost of building a vehicle and cost buyers at least $1,000 more. However, consumers will recover the increase in three years from buying less gasoline, the president said.

Automakers have historically fought mileage and emission standards, arguing the technology is still being developed, too costly and that market forces should drive major changes.

But the playing field has changed dramatically recently, with Chrysler LLC in bankruptcy and both it and General Motors Corp. tapping federal money to keep afloat.

While Congress has determined national CAFE standards since they began in the 1970s, the new standard would not require congressional approval because it is coming as a joint rule from the EPA and the Transportation Department .

The policy marrying the fuel and tailpipe standards was made possible by a 2007 Supreme Court decision ordering the EPA to determine whether carbon dioxide from car exhaust is a pollutant and a public-health threat. The EPA issued a draft finding to that effect last month, but has yet to issue rules to counter that threat by curbing carbon-dioxide emissions.

Environmentalists hailed the announcement from the president, who has moved fast to reverse Bush-era environmental policies and put proposed regulations that the previous White House had held on a fast track to approval.

“President Obama is putting the pedal to the floor when it comes to slashing our dependence on oil and confronting global warming,” Sierra Club President Carl Pope said.

“Last month, the administration closed the books on the Bush era of climate denial once and for all by acknowledging the threat of global warming, and now today they are moving forward with a plan that will give new life to the American auto industry and ensure that the next generation of clean, efficient autos will be made right here in the USA,” he said.

{The Article}

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Crisis, Social Good, Needed Government Intervention, Goverment Control, Precident…