Volkswagen's 157/mpg Prototype for Its Future 235/mpg Car
TheCarConnection.com submits: As outrageous as the idea of a production 235 mpg (1.0L/100km) car sounds, Volkswagen (VLKAY.PK) believes it has what it takes to build such a vehicle and has already produced a concept version. The ultra-frugal concept hit the floor of the 2009 Frankfurt Auto Show today, and we were there to capture live shots. News from the show today indicates that 2013 would be the earliest the car could enter production, though we'll have to wait to see rubber hit the road before we'll know whether it's all auto show bluster or real green muster.Complete Story » seekingalpha.com |
Honda Poised to Become Number Four in U.S.
TheCarConnection.com submits: It's no longer just Toyota (TM) that's running with the Big Three in terms of sales. Over the past month, Honda (HMC) has quietly passed Chrysler as the number-four automaker in the U.S. market. That places American Honda after Toyota Motor Sales and the new General Motors Company in U.S. sales.Complete Story » seekingalpha.com |
Toyota's PR Problem Endemic Throughout Asia
David Wolf submits: In an excellent piece of Wall Street Journal analysis on Toyota's (TM) mishandling of its quality recall, Jeff Kingston points out a host of problems that routinely turn otherwise outstanding Japanese companies into headlight-bedazzled deer in the face of crisis.We'd Rather Not Talk About ItComplete Story » seekingalpha.com |
Magna International: Is Stronach Playing With Shareholder Money?
Saj Karsan submits:Value investors have no problem investing in a company in which the manager controls a substantial stake - as long as he also owns a substantial stake. If his own capital is committed, a manager is likely to make decisions which are in the best interests of other shareholders. On the other hand, if that manager is making decisions without consequence to his personal financial position, the incentives are not properly aligned: he's just playing with other people's money, like a mutual fund manager. This is one of the few areas where value investors and the mainstream finance industry are in agreement. But how much is the removal of a "control-without-ownership" structure worth? By looking at a recent example, we can come up with an estimate.Complete Story » seekingalpha.com |
Honda: Late to the Electric Party, But Making Up for It With Diversity
Greentech Media submits: by Michael Kanellos As expected, Honda (HMC) announced that it would get into electric cars and plug-in hybrids yesterday, effectively becoming the last major car company to go electric. But it also went further by announcing plans in other product lines. Some of the highlights:Complete Story » seekingalpha.com |