Car Czar Consulting says: In the video below, UK unemployment is thought to continue to rise above 10% for the next 6 months.
New Zealand Jobless Rate Rises to 10-Year-High 7.3%
Feb. 4, 2010 (Bloomberg) — New Zealand’s unemployment soared to the highest level in more than 10 years as a [...]
Car Czar Consulting says: Plug it in!
Race For All-Electric Car Charges Ahead
CNBC, Feb. 3, 2010,Welcome to the electric car race.
Automakers, both big—like Ford // [F 11.64 0.25 (+2.19%) ]// and General Motors—and small, like CODA Automotive, will launch electric vehicles as soon as this year to ride the consumer shift to [...]
Car Czar Consulting: Forgetaboutit!
Should we be upset by Obama’s latest remarks on Las Vegas?
Feb. 3, 2010
Las Vegas Sun, Feb. 3, 2010, Here we go again — time to crank up the outrage machine.
For the second time in less than a year, President Barack Obama made an offhand swipe at Las Vegas.
Last time, he said there [...]
Car Czar Consulting says: Continental Tire really “gets it:” the power of global branding surrounding the largest global sport: soccer.
Portland Timbers officially launched its Major League Soccer team, The Portland Timbers. from: The Oregonian, February 04, 2010
Continental Tire sponsors Major League Soccer
01/14/2010 Continental Tire is raising its profile in one of the fastest-growing sports [...]
Car Czar Consulting says: Job losses are still “a loss.” Someone needs to turn this around to put this in the positive mode for good, and soon.
January U.S. Private-Sector Jobs Fell by 22,000, ADP Says
WSJ, Feb. 3, 2010, NEW YORK—The labor market showed positive signs of recovering in January. Private-sector jobs in [...]
Car Czar Consulting says: Looks like the car business is rebounding in the US. Let’s hope this momentum builds on itself.
The video from the recent WANADA (Wshington, DC) auto show below speaks in part to the potential impact on auto sales by alternative fuel vehicles.
US Jan. auto sales rise; safety fears trip Toyota;US auto [...]
Car Czar Consulting says: Even the main stream business media is now focused on Boulder Electric Vehicle’s versatile Class 4 Truck. (see below).
Plug it in!
What’s Driving ‘Green’ Cars Now?
When $4 a gallon gasoline spooked American consumers out of their big SUVs in the summer of 2008, car makers realized they had to start [...]
Car Czar Consulting says: “So sorry,” says Toyota’s CEO in so many words. The question is, will that be enough to persuade consumers not to dump the affected models? Used vehicle values are already effected.
Toyota’s Chief Apologizes as Company Races to Fix Recall Crisis
Jan. 30 (Bloomberg) — Toyota Motor Corp. President Akio Toyoda apologized [...]
Car Czar Consulting says: The company’s inability to divest of a dozen or so dealerships that were targeted for sale and its continued reliance on Chrysler brand stores and sales are a drag on the stock price.
A really great idea: LithiaLife is featured in the video below.
Lithia Motors shares tumble on preliminary results; [...]
Car Czar Consulting says: We’re now being warned of a potential 2nd Housing “bubble!” Good grief!!
SIGTARP Warns of Second Housing Bubble
February 1st, 2010, The Special Inspector General for the Troubled Asset Relief Program (SIGTARP), which oversees the federal government’s economic recovery program, called for reform to prevent government bailouts in the future and warned of [...]
Car Czar Consulting says: Prof. Roubini predicts “gloom and doom” again. That said, his video below is somewhat compelling.
Roubini Calls U.S. Growth ‘Dismal and Poor,’ Predicts Slowing
Jan. 30, 2010 (Bloomberg) — New York University Professor Nouriel Roubini, who anticipated the financial crisis, called the fourth quarter surge in U.S. economic growth “very dismal and poor” [...]
Car Czar Consulting says: People “vote” with their money. And a 10% slice of the auto “pie” for electric or hybrid vehicles would be huge!
10% of US Drivers Would Consider Buying Plug-In Vehicles
Over 10% of US drivers surveyed said they would consider purchasing a plug-in hybrid or electric vehicle, according to a survey [...]
Car Czar Consulting says: High underemployment or plain old unemployment, it’s ain’t good. Here’s hoping the proposed tax incentive for hiring new employees -real ones – if that can be enforced somehow – may go a long way of reducing resistance to new hires.
‘Underemployment’ tops 20 pct in 3 states; ‘Underemployment’ near or above [...]
Nissan closes on $1.4 billion U.S. electric car loan
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Nissan will use the government funding to build its all-electric, five-passenger sedan, called the Leaf.
January 29, 2010, WASHINGTON (Reuters) — The U.S. government closed a $1.4 billion loan agreement with Nissan Motor Co. to help retool a factory in [...]
Car Czar Consulting says: The message from MA: Never underestimate the power of the American people.
(from the article below) In a telephone conversation Wednesday night, Mr. Brown spoke of what’s ahead. The conversation turned to the movie “The Candidate,” to the moment Robert Redford wins the election and takes a top strategist aside to [...]
Car Czar Consulting says: The electric vehicle party is just getting started! See the new market entries in the video below.
G.M. to Build Its Own Electric Motors for Hybrids
Jan. 26, 2010, WSJ, General Motors on Tuesday will announce plans to build its own electric drive motors for future hybrid and electric vehicles, making [...]
Car Czar Consulting says: Bove argues Bank regulation enforcement and some re-regulation are in order. The question is, will we be able to keep our balance between regulation and job creation through access to bank liquidity. Stay tuned.
Obama’s “Venezuelan-style” Policies Will Cause Stock Market Crash, Dick Bove Says
MarketWatch, Jan 28, 2010, To paraphrase Miller [...]
Car Czar Consulting says: The entire speech is available to be viewed below. See it again, “in the light of day,” then decide for yourself.
THE STATE OF THE UNION: A HOLLOW SPEECH
DICK MORRIS, New York Post, January 28, 2010
When President Bill Clinton faced Congress in 1995, after first losing any hope of health-care [...]
Car Czar Consulting says: GM is now said to sell Saab to Spyker Cars NV. Good! Now, let’s move on, shall we?
Spyker has deal to buy Saab from General Motors, avoiding shutdown
AutoNews, January 26, 2010, DETROIT — Dutch sports-car maker Spyker Cars NV agreed to buy Saab from General Motors Co., saving the [...]
Car Czar Consulting says: It’s certainly exciting times, and we find ourselves searching for answers in many areas. Thus, this uncertainty may be contributing to the thought that it may time for some to take their profits on the recent stock market run-up and re-evaluate their total portfolio mix.
Peter Schiff opines on the President’s The [...]
