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Japan's auto giant Nissan unveils the new concept vehicle "Land Glider", a tandem-ride ultra light weight electric vehicle with a narrow body at the company's design center at Atsugi city in Kanagawa prefecture, suburban Tokyo on September 25, 2009 for a preview of the Tokyo Motor Show. The Land Glider can shift the center of gravity by leaning its body like a motorcycle. The Tokyo Motor Show starts October 23.

The Obama administration spent three billion dollars subsidizing the destruction of 700,000 vehicles in order to boost car sales. Which auto makers actually benefited from these American tax subsidies? Reuters reports that foreign car manufacturers gained market share, while the two bailed-out American automakers lost significant portions of theirs in the big summer sale. Only Ford managed to hold its own:

OK, these ridiculous mpg claims are starting to get out of hand. Earlier this week, General Motors announced an estimated 230 mpg for the upcoming Volt extended-range EV--a claim that was later undermined by the EPA. No doubt attempting to steal a bit of GM's thunder, Nissan claimed (via Twitter) that its upcoming Leaf EV could do better: "Nissan Leaf = 367 mpg, no tailpipe, and no gas required. Oh yeah, and it'll be affordable too!" At first, we thought this was an odd claim to make, seeing that the Leaf is fully electric and (as stated in the same...

Carlos Ghosn resisted hybrids as a costly fad. Now he's betting heavily on electric vehicles--with more than a little help from the government. Like all other auto executives these days, Carlos Ghosn has been pulling in the reins. In February he suspended Nissan Motor's three-year business plan and launched widespread cost cuts, even delaying new products. Even so, Nissan couldn't avoid a $170 million first-quarter net loss, reported in July. But Ghosn, who surprised many with his quick turnaround of the Japanese carmaker a decade ago, has been careful to protect spending for his boldest initiative yet: to lead the...

YOKOHAMA, Japan – Nissan Chief Executive Carlos Ghosn drove quietly out of the Japanese automaker's soon-to-open headquarters Sunday in the first public viewing of its new zero-emission vehicle. It was the first time the external design was shown of Nissan Motor Co.'s environmentally friendly electric automobile, set to go on sale in Japan, the U.S. and Europe next year. The blue hatchback had a sporty design and a recharging opening in the front. Designer Shiro Nakamura said the vehicle was designed to avoid a stereotypical futuristic design. "This is not a niche car," he said. "We didn't make it unusual...

Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars. Energy Secretary Steven Chu said the three automakers would be the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles. The loans to Ford will help the company upgrade factories in Illinois, Kentucky, Michigan, Missouri and Ohio to produce 13 fuel-efficient vehicles. Nissan (NSANY) will receive loans of $1.6 billion to retool its plant in Smyrna, Tenn.,...

The Energy Department said Tuesday it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles.

WASHINGTON (AP) -- The Energy Department is expected to announce Tuesday it is lending money to the Ford Motor Co. and two other automakers from a $25 billion fund to develop fuel-efficient vehicles.

CANTON, Miss. (AP) -- Nissan will invest $118 million to retool its Mississippi auto plant to produce its first commercial vehicle made in the United States. Dan Bednarzyk, vice president of manufacturing at Nissan in Canton, said Wednesday that modifications at the plant have begun and production will start in 2010. Bednarzyk said Japan's third-largest automaker, which last month announced 20,000 job cuts globally amid an industrywide downturn, reached the decision after seeing commercial vehicle sales grow by 8 percent in overseas markets. Nissan's concept commercial vehicle was unveiled Wednesday at a national truck show in Chicago. The Nissan NV2500...

Nissan cuts 20,000 jobs, including 4,000 in the U.S.

Nissan eyeing $556 million government loan :report By V. Phani Kumar Last update: 8:27 p.m. EST Feb. 5, 2009 Comments: 100 HONG KONG (MarketWatch) -- Japanese automaker Nissan Motor Co. (NSANY: ) is considering seeking financial assistance from the government amid a global sales decline, according to a published report Friday. Nissan has a lot of cash on hand, but is trying to secure its financial base by diversifying funding options, the Nikkei reported. The assistance could be in the form of 50 billion yen ($556 million) in low-cost funds raised from the state-backed Development Bank of Japan, it added.

Nissan's technological monster, the 2009 GT-R, gives you a choice: get in, or get out of the way.

Almost 150 years after the American Civil War the struggle to save the country’s carmaking industry is once again becoming a battle between the Union and the Confederacy. In this latter-day renewal of hostilities the union is the United Auto Workers (UAW) whose members are mostly employed in Northern states such as Michigan, the traditional heartland of US motor manufacturing. Union leaders have bitterly denounced Republican Senators from the South for scuppering a $14 billion bailout package for General Motors (GM) and Chrysler which, along with Ford, make up Detroit’s “Big Three”. Many of those who voted against it represent...

SMYRNA, Tenn. People in this small town surrounding one of Nissan's busiest U.S. car plants have followed the news of the auto bailout with particular interest. Namely, they wonder, what about us? Nissan is a Japanese automaker, but the Altimas, Maximas and Pathfinders that roll out of the factory are built by locals who are "Americans too," they like to point out. And just like the other automakers, Nissan is inflicting some of the economic pain on its employees, cutting shifts and pay. For some, the most galling aspect of the bailout is that federal money could go to union...

Organized labor helped elect Barack Obama and now eagerly awaits his promised support for its top priority—a bill that would make it easier to set up union locals. The Employee Free Choice Act would allow unions to create local bargaining units without winning the vote of a majority of workers in a secret ballot. The local unit would be certified if a majority of workers endorsed it by signing an authorization card handed out by union organizers. Fair enough? Not really. The so-called card-check bill would not protect workers and it would not be "free choice." It would strip away...

Regarding Dr. John David's commentary, "Make it Easier to Unionize Workplace": Labor unions certainly have their place in a contemporary American economy, but not at the expense of employee free choice and economic security. Indeed, the Employee Free Choice Act would severely erode the freedom enjoyed by employees for nearly 75 years to make a private, fully-informed decision about whether or not they want a union to represent them. Too often, the losing party in a union election - the company or the union - blames its loss on the opposing party's "coercive and underhanded" tactics. In reality though, the...

Alright so this auto bailout bill is in a holding pattern. But just remember that it doesn't mean it is dead. So here are some facts that should keep you seething ... The Big Three currently pay 85% of union benefits to UAW members ... who aren't even working. Yep. Remember how I told you about the Job Banks for union workers? If a union worker is employed at a plant that closes, the auto makers still pay 85% of their union benefits. Rick Wagoner, CEO of General Motors, says that his company must reduce operating costs ... but his...

“You just sit and you worry,” said Pat Weber, a construction administrator in Fennville who was laid off more than a year ago. “In the last year, I’ve put in for more than 100 jobs. I stopped counting after 110. It’s just so defeating.” All around Fennville and its neighbors here in southwest Michigan, front lawns are peppered with for-sale signs and merchants complain about slow days. But while this remains a beautiful place with none of the obvious blight of Detroit on the other side of the state, residents say the hardship beneath the surface is very real. It...

The New Plan? Cripple Honda! Save Detroit with Card Check! Eliminating the secret ballot and making it easier to organize U.S. Honda and Toyota workers (and imposing contract terms via binding arbitration) would "level the playing field," says Dem. Congressman Tim Ryan. ... Then when Honda and Toyota responded by importing more cars from abroad, we could have import quotas! Eventually the whole automotive sector could be planned by Congress in conjunction with existing business and labor interest groups. Red State has seen the future and it is corporatist. ...12:21 P.M.

Unions are to blame for the Big Three automakers’ problems, according to a television ad meant to stoke public opposition to organized labor’s number one legislative priority. “Steel, auto, airlines. What do these industries all have in common?” asks the ad sponsored by the business-backed Employee Freedom Action Committee, which was active in several hotly contested Senate races this year. “Hundreds of thousands of lost jobs and union bosses that helped put them out of business.” The advertisement urges people to fight the Employee Free Choice Act, which unions hope will be taken up quickly by the Democratic Congress and...

President-elect Barack Obama, who co-sponsored the misleadingly titled Employee Free Choice Act in the Senate in 2007, has vowed that the measure, called “Card Check,” will be the law of the land once he’s in office. Given the Democratic majority in the U.S. Senate, if Republican Sen. Saxby Chambliss loses Georgia’s runoff election on Dec. 2, Card Check probably will become law—and that would be terrible news for Americans who want to keep their jobs. Card Check would do away with the present secret ballot process used by the National Labor Relations Board (NLRB) when employees vote on whether to...

While Detroit executives beg for bailouts, Japanese automakers speed through turns in a race whose winner could dominate the next generation of car sales.

There is a curiously dated logic in unions insisting that Congress pass the Employee Free Choice Act, which belies the back and forth accusatory rhetoric of intimidation between business and big labor. There are two principal methods for employees to join and command employers to recognize their union's collective bargaining request. First: Company workers can get at least 30 percent of their colleagues to sign petition cards requesting representation, send the cards to the National Labor Relations Board (NLRB), and have them oversee a secret ballot election. Second: If more than half of the workers sign up for representation, a...

Who killed the U.S. auto industry? To hear the media tell it, arrogant corporate chiefs failed to foresee the demand for small, fuel-efficient cars and made gas-guzzling road-hog SUVs no one wanted, while the clever, far-sighted Japanese, Germans and Koreans prepared and built for the future. I dissent. What killed Detroit was Washington, the government of the United States, politicians, journalists and muckrakers who have long harbored a deep animus against the manufacturing class that ran the smokestack industries that won World War II. As far back as the 1950s, an intellectual elite that produces mostly methane had its knives...

WASHINGTON (AP) -- Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big Three develop a plan assuring the money would make them economically viable. "Until they show us the plan, we cannot show them the money," Speaker Nancy Pelosi, D-Calif., said at a hastily called news conference in the Capitol. She and Senate Majority Leader Harry Reid, D-Nev., said Congress would return to work in early December to vote on legislation if General Motors Corp., Ford Motor Co. and Chrysler LLC produce an acceptable plan. The decision averted a likely defeat of...

House Republican Leader John A. Boehner said Democrats' use of secret ballots to chose its leadership was ironic because the party wants to nix workers' rights to a secret voting in deciding whether to unionize. "The secret ballot election is a cornerstone of our American democracy," Mr. Boehner, Ohio Republican, said Thursday. "If it is good enough for House Democrats to rely on during today's high-stakes vote, shouldn't it be good enough for millions of American workers across America who value their workplace privacy?" He vowed Republicans would stand firmly against the Democrat's "card-check" legislation - dubbed the Employee Free...

DETROIT, Nov 20 (Reuters) - United Auto Workers President Ron Gettelfinger said on Thursday that lawmakers need to take immediate action on a $25 billion bridge loan bill to support the U.S. automakers or one or more could fail. Gettelfinger, who testified on Tuesday and Wednesday to U.S. congressional committees in support of the loans, said he would not comment on a possible compromise bill reached by Democratic and Republican senators until details were known. When told that one detail might be that the automakers would have to provide a strategic plan to get access to the money, Gettelfinger said...

TALEGAON, India: General Motors Corp. opened a second plant in India on Tuesday, boosting its production capacity from 85,000 to 225,000 vehicles a year. The factory is part of GM's aggressive push into emerging markets, which have helped cushion the beleaguered auto giant from falling sales in the developed world. It also furthers the Indian government's ambition to turn the country into a manufacturing hub for small vehicles. "We believe India in three to four years will be a significant source of profit for us," said GM Asia Pacific President Nick Reilly. The first car — a pint-sized red Chevrolet...

The United Auto Workers union called on Congress and the Bush administration to get a loan to U.S. automakers to prevent their collapse before the legislature adjourns Friday. "Congress must not adjourn with the Bush administration in place without an agreement," said UAW President Ron Gettelfinger. "If there's no action, we could see the collapse of one or more domestic auto companies by the end of year." Gettelfinger said the cost of not acting would be devastating for the industry's employees and the U.S. economy. "The current recession that we're in would be made much worse," he added, saying states...

The Big Three automakers’ chief executives testified before Congress today, blaming the credit crisis for their downfall. But Richard Wagoner, CEO of General Motors (GM: 2.11, -0.68, -24.37%) did not use the credit crisis as an excuse for the company’s poor profits when he wrote an editorial for the Wall Street Journal in December 2005. In his opinion piece, which came amidst record sales, he blamed not the credit crisis, but a kaleidoscope of other reasons, including “intense” foreign competition, soaring gas prices in the aftermath of Hurricane Katrina, and high benefit costs for the automakers’ downfall. And in his...

WASHINGTON -- A full-court effort by U.S. auto makers to secure federal aid appeared to be on the rocks after the companies failed to convince lawmakers of the urgent need for a rescue. Michigan Rep. Dale Kildee, Chrysler Chairman and CEO Robert Nardelli, GM Chairman and CEO Richard Wagoner, UAW President Ron Gettelfinger and Michigan Rep. Sandy Levin (left to right) prior to a hearing Wednesday on Capitol Hill at which the auto makers made their case for federal assistance. Late Wednesday, Senate Majority Leader Harry Reid backed away from efforts to force a vote this week on a Democratic-backed...

The chances of the US Congress quickly approving a bill to save the "Big Three" car manufacturers are said to be "remote" but one economist warned that their collapse could shave 4pc off America's gross domestic product next year. Democrat Senator Chris Dodd, who chairs the influential Senate banking committee, believes that the chances of Congress approving a new bill this week to advance up to $25bn in lifeline funding to Ford, General Motors and Chrysler are slim. "I'm anxious to see something happen," said Mr Dodd, who on Tuesday heard pleas for the money from the leaders of the...

Barney Frank favors bailing out the Detroit automakers over letting them go into bankruptcy. Chief among his concerns is that bankruptcy might "bust" the unions. You know, those organizations whose contract demands have put Detroit on the brink of extinction. The Massachusetts Dem, chairman of the House Financial Services Committee, was interviewed by Maggie Rodriguez on today's Early Show. He appeared alongside Sen. Richard Shelby (R-Al.), ranking Republican on the Senate Banking Committee, who favors letting the automakers reorganize under Chapter 11. View video here.

There’s a big push on in Washington to bail out the Big Three automobile companies. It’s the usual “crisis” scenario where scare headlines predict woe and economic gloom if something isn’t done NOW!But would a bailout of the Big Three actually solve their problems? No. But it would make sure unions which have held these companies hostage to a failing business model don’t get hurt.Consider this: GM also famously spends over $1,600 per vehicle on the healthcare costs of current and retired U.S. workers while Toyota pays about $200 per vehicle. Although GM also pays about another $1,000 per vehicle...

DETROIT: When Ron Gettelfinger, president of the United Automobile Workers union, appears this week at congressional hearings to help make the case for the Detroit automakers getting emergency U.S. government aid, he wants lawmakers to know what he believes is at stake. "It wouldn't be just one company failing here," Gettelfinger said in an interview. "It would be all three going down." He might as well add the UAW. The union's membership at General Motors, Ford Motor and Chrysler has been nearly halved to 139,000 workers in the past three years, and it continues to shrink with every new plant...

WASHINGTON: As top Detroit auto executives prepared to make their most intense plea for aid to Congress on Tuesday, General Motors also pleaded Monday for a billion-euro credit guarantee from the German government to help its Opel subsidiary. The request, greeted with some skepticism in Germany - Chancellor Angela Merkel promised a reply by Christmas - demonstrated how what had been building as a Washington drama involving efforts to save the venerable Detroit auto industry was fast becoming a story about how the international industry might be transformed by the spreading financial crisis. Governments around the world, from Tokyo to...

A card-check law would give union bosses an unfair advantage in organizing the workplaceTHE ISSUE: A card-check law would give union bosses an unfair advantage in turning workplaces into union shops. Probably no group celebrated the election of U.S. Sen. Barack Obama as president more than organized labor. For decades, labor unions have watched membership rolls dwindle. In 1983, union members made up 20.1 percent of employed wage and salary workers, according to the U.S. Department of Labor. Today, the union membership rate is down to about 12 percent. In Alabama, union membership is even lower, about 9.5 percent. The...

- - Says Taxpayers Demand Real Reforms & Accountability From Washington WASHINGTON—U.S. Sen. John Cornyn, R-Texas, a member of the Senate Budget Committee, made the following statement regarding today’s announcement by Senate Democratic Leader Harry Reid that he will seek Senate passage next week of a $25 billion bailout for the U.S. auto industry. Senator Reid’s support for this latest government bailout comes on the heels of yesterday’s announcement from the Treasury Department that the federal government has a record deficit of $237.2 billion for the first month of the fiscal year. This represents the highest monthly imbalance on record....

JERUSALEM – The enactment of a "single payer" socialist health care system; passing laws to make joining a labor union easier; raising the minimum wage and increasing labor union support – all these are just some of the policies the Community Party USA has mapped out as crucial for Obama to push through during his term of office. Just days after the party's official newspaper lauded the role of labor unions in Obama's election victory, another article in the Communist Party's Political Affairs magazine by leading party member and Rutgers University history professor Norman Markowitz outlined the kind of "change"...

Chapter 11 would better preserve the valuable parts of the company than an ad hoc bailout. General Motors is a once-great company caught in a web of relationships designed for another era. It should not be fed while still caught, because that will leave it trapped until we get tired of feeding it. Then it will die. The only possibility of saving it is to take the risk of cutting it free. In other words, GM should be allowed to go bankrupt. AP Consider the costs of tackling GM's problems with some kind of bailout plan. After 42 years...

The failure of one or more of Detroit’s Big Three automakers would put a huge initial dent in American manufacturing, but in time foreign car companies would pick up the slack by stepping up production in their plants here, many industry experts and economists say. Whether Washington should let that play out — risking hundreds of thousands of jobs — is a central question Congress will weigh this week as it hears testimony from Detroit leaders who are pushing for immediate federal intervention, before the next administration takes over in January. “Barack Obama has made it clear he understands the...

DETROIT -- The president of the United Auto Workers union said the dire financial troubles of the three U.S. auto makers is the result this year's spike in gasoline prices and the meltdown on Wall Street, not missteps by management or high labor costs. "This industry is in a crisis situation not of its own making," Ron Gettelfinger said in an interview Saturday afternoon with The Wall Street Journal. Mr. Gettelfinger also urged Congress to provide financial help to prevent General Motors Corp., Ford Motor Co. or Chrysler LLC from sliding into bankruptcy protection. Bankruptcy is "the worst possible route...

One of the best reasons why Detroit automakers should not receive a bailout can be found in a General Motors "Jobs Bank" program that, bizarrely, pays employees not to work. A beneficiary of that program was someone named Jerry Mellon, who worked for GM until his division merged with another in 2000 and he was no longer needed. Except for a brief period in 2001, Mellon received his full salary for not working, which reached $64,500 a year by 2006. Include benefits, and the annual cost to GM exceeds $100,000. To earn his pay, Mellon was given the formidable task...

WASHINGTON, Nov. 16 (UPI) -- U.S. Sen. Carl Levin of Michigan said Sunday he would not object to firing executives of U.S. automakers that get proposed federal bailout money. The Democrat said in an appearance on NBC's "Meet the Press" program that senior management at General Motors Corp. (NYSE:GM), Ford Motor Co. (NYSE:F) and Chrysler Corp. should consider resigning their posts if it means their respective firms can get federal assistance. Congressional lawmakers are considering $25 billion in emergency loans for the struggling car makers. The Senate reportedly will take up a bailout proposal Monday. "If it was the difference...

WASHINGTON (AP) -- Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a ''dinosaur'' whose ''day of reckoning'' is coming. Their opposition raises serious doubts about whether the plan will pass in this week's postelection session. Democratic leaders want to use $25 billion of the $700 billion financial industry bailout to help General Motors Corp., Ford Motor Co. and Chrysler LLC. Sens. Richard Shelby of Alabama and Jon Kyl of Arizona said it would be a mistake to use any of the Wall Street rescue money to prop up...

That beeping sound you hear this week is the semi-truck being backed up to the Federal Treasury in Washington. After being filled with taxpayer billions, it's on its way to Detroit. A heaping bailout for the Big Three automakers - currently losing millions every day theyproduce cars no one wants to buy - feels like it's being gift-wrapped for the holidays.But the beeping sound you should be hearing is the heart monitor of the Big Three, slowing downto flatline. General Motors, Chrysler and Ford are such horrific financial wrecks that not even the Jaws of Life - and certainly not...

Even as Detroit's Big Three teeter on collapse, United Auto Workers President Ron Gettelfinger said Saturday that workers will not make any more concessions and that getting the automakers back on their feet means figuring out a way to turn around the slumping economy. "The focus has to be on the economy as a whole as opposed to a UAW contract," Gettelfinger told reporters on a conference call, noting the labor costs now make up 8 percent to 10 percent of the cost of a vehicle. "We have made dramatic, dramatic changes and the UAW was applauded for that," he...

COLUMBUS, Ohio – Even as Detroit's Big Three teeter on collapse, United Auto Workers President Ron Gettelfinger says workers will not make any more concessions and that getting the automakers back on their feet means figuring out a way to turn around the slumping economy.

Labor unions are poised to go after Hispanic workers in states like Arizona and sectors such as services and health care if new union rules are put in place by the Barack Obama administration and Democratic Congress next year. Unions and pro-union Democrats want Congress and Obama to pass card-check legislation. The plan would allow unions to organize in workplaces if they get a majority of workers to sign cards supporting unionization. It would scrap 73-year-old unionization laws that require secret ballots for workers to decide whether they want their work forces represented by a trade union. Card-check legislation is...

I find one of the more amusing although important questions is how will President-elect Barack Obama govern? As a moderate and centrist, or as an extremist, radical and liberal? I can answer such questions with another question: When your whole career and resume shows you are a leftist, an extremist, a radical, a liberal, and a 96 percent pure party line Democrat, are you are likely to be just that no matter what you say in the campaign? Mr. Obama ran far-left to win the primaries and then veered quickly to the center to win the general election. And now...