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Showing posts with label automobiles. Show all posts
Showing posts with label automobiles. Show all posts

Monday, January 28, 2013

Saturday, December 31, 2011

Saturday, October 22, 2011

OBAMA DOES IT AGAIN - FORCING AMERICA TO RUIN

Friday, October 21, 2011

Automobiles


September 24, 2009, 9:40 am

Fisker to Receive $528.7 Million Federal Loan

By JIM MOTAVALLI
The Fisker Karma. The Fisker Karma.
Only four automakers are recipients of the Department of Energy’s $25 billion Advanced Technology Vehicles Manufacturing program to encourage the domestic manufacture of batteries and battery cars, and two of them produce high-performance plug-in sports cars.
Fisker Automotive and Tesla Motors are members of that exclusive club, along with Ford and Nissan from the old guard. The Fisker loan, $528.7 million to develop its Karma sports sedan and a less expensive family-size plug-in hybrid car (called Project Nina), was announced on Wednesday. The first Karmas will be built late this year in Finland, but the plant for the Project Nina car will be in the United States. The Energy Department said that its investment would “save or create” 5,000 jobs.
In a telephone interview, Henrik Fisker, founder and chief executive, said that the current Karma would stay in Finland, but its successor could be built in the United States with the Nina vehicle (which will appear in late 2012). Fisker projects annual Karma sales at 16,000 and Nina sales at more than 100,000 (the Energy Department press release says 75,000 to 100,000).
Mr. Fisker said that as much as 60 percent of Nina production could be exported, especially to Europe. “Designing cars that can appeal to Europeans has been a weakness of the American car industry,” he said. And it’s a problem that the Denmark-born Fisker, a former designer for BMW (who also had Tesla as a client) said he had solved. The Nina, he said, will offer “radical” styling that will “open up a completely new segment in terms of its size.” He would not elaborate.
Mr. Fisker said that the world had a “hunger” for the environmental benefits and extended range offered by plug-in hybrid cars. He said the public was less willing to accept “the compromise of pure battery cars, which suffer from range anxiety and the ‘walk-home factor.’”
The agency loan is in two stages, with the first $169.3 million to be used for what Mr. Fisker called “final testing and certification” of the Karma at the company’s Pontiac, Mich., plant (with support from company headquarters in Irvine, Calif.). The second stage, $359.36 million, is to gear up for manufacture of the Nina in the United States.
An Energy Department spokeswoman, who asked not to be identified, said in an interview that Fisker’s “two projects seemed to be worth the risk of the loan,” because they would create “a large number of jobs in America.” She said that Fisker had “marks it needs to hit before we commit to the loan. When the conditions are met, the loan goes out the door.”
She later said there was no deadline for the conditions to be met. Mr. Fisker said that those conditions were worked out in months of discussions with the agency. “It’s similar to a loan we might get from a bank and it’s not a problem,” he said. “The D.O.E. wants us to be successful.”

Tuesday, August 16, 2011

CLASSIC OBAMA: I KNOW HOW TO RUN YOUR BUSINESS BETTER THAN YOU DO (GOOD GOD - THE MAN IS SUCH AN IDIOT)

Tip Sheet
Erika Johnsen

Erika Johnsen

Classic Obama: 'I Know How to Run Your Business Better Than You Do'

During a stop on his 'jobs tour' of rural America in a $1.1 million bus, President Obama lectured spoke about the need for automakers to conform to his idea of what fuel efficiency ought to be. The Hill reports:
“You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn.
I'd imagine that, in the split second following that statement, the thought process of any automakers in the audience probably went something like this: 'What?! Uhhh... yes, we can... oh, wait, I get it, he's making a joke to get us all to laugh and shout, 'Yes we can!' Good one, Mr. President!'
If only that were true.
“There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”
Obama has positioned the revival and reshaping of the auto industry as a major part of his administration’s push to improve the economy and create jobs. ...
The White House unveiled first-ever fuel efficiency rules for heavy-duty trucks last week. The standards come after the administration ratcheted up fuel economy standards for cars and light-duty trucks.

The administration negotiated the standards in a series of high-stakes closed-door meetings with industry. In the end, the White House won the endorsement of major automakers and truck companies.

Obama has touted the new standards as “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.”

Later Monday, Obama touted the administration’s efforts to boost electric vehicles and advanced battery technology.
There is so much FAIL going on here, I hardly know where to begin, but I'll try to proceed calmly and rationally:
-"You have got to understand the market." Translation? 'I know everything, including how to run your business more profitably and more nobly than you do.' Automakers already understand very well that "people are going to try to save money." The incentive for them to create more fuel-efficient vehicles is already there in spades, and they don't need The One to tell them so. Automakers don't churn out 'gas-guzzling' vehicles for their own twisted pleasure. And apparently, the President is a master of energy and industrial engineering, because he is confident enough that companies can meet his fuel efficiency standards cheaply and efficiently, and on his timeline.
-I can hardly believe that the Obama administration has the gall to try and create jobs. As Katie Pavlich often quips, "The definition of insanity is doing the same thing over and over again and expecting a different result." The President keeps piling on the bureaucracy and regulation, yet unemployment remains stagnant. You cannot legislate your way to a good economy. Try something new, for goodness' sake, not more of the same rubbish.
-"High-stakes closed-door meetings with the industry." More transparency? An end to crony capitalism? Riiiiiiight.
-You know a fail-safe method we could employ to "reduce our dependence on foreign oil"? Drilling our own oil.
-Since President Obama so demonstrably understands free markets, businesses, engineering, and energy so well, he's in a really good position to tout the popular and well-selling electric car. Oh, wait... what's that? Americans don't want to buy your impractical, heavily-subsidized, politically-postured electric cars? Huh. That's really strange.
I'm not easily offended, but the fact that President Obama can stand up and implicitly hurl insults at The American Spirit without rousing more ire really gets my goat.

Saturday, July 23, 2011

OBAMA ESCALATES HIS WAR ON THE USA, DEMANDS HIGHER FUEL EFFICIENCY STANDARD FROM AUTOMAKERS

http://dancingczars.wordpress.com/2011/07/23/obama-escalates-his-war-on-america-demands-higher-fuel-efficiency-standard-from-automakers-%E2%80%94-220000-jobs-on-the-block/

TIME TO GET A HORSE! IT'S FUN TO HAVE THEM, FUN TO DRIVE THEM, FUN TO RIDE THEM, AND THEY MAKE EXCELLENT COMPANIONS.

NO SENSE TO THAT YOU SAY?

THEN WHY AREN'T YOU FORCING HIS IMPEACHMENT BY CALLING ALL MEMBERS OF CONGRESS AT 1-877-851-6437.

Saturday, January 1, 2011

CLASSIC CAR BUFFS - TAKE A LOOK AT THIS!

You know you're getting up there when you can remember most of these muscle cars.

Thursday, August 19, 2010