Ford’s potential venture with Anhui Zotye would give the Dearborn automaker a partnership with a pioneer in the Chinese all-electric vehicle segment. Fiat Chrysler does have an existing partnership with another Chinese carmaker, Guangzhou Automobile Group, to build some Jeeps for the Chinese market. Fast forward to March 1999, when automaker Renault signed an agreement to take a controlling interest in Nissan of 37 percent and installed Ghosn, then an executive vice president at the French company, as COO. Yes, one-third of all the carbon dioxide reduction that the EU automakers love to brag about — often noting how much more fuel efficient their cars are than our own domestic products — are completely illusory.
Instead, Tesla’s value was driven by the perception that it’s better positioned to produce all-electric cars than OG automakers going forward. In its annual auto issue, Consumer Reports ranked 31 automakers in their report card, taking the average test score from all the new models purchased and tested by the magazine, which takes road tests, predicted reliability, owner satisfaction, and safety into consideration for each vehicle. Great Wall also can draw on strong demand in China, the biggest auto market by units sold. Kuldeep is responsible for the technical part of Automaker TV & Media’s websites.
Marchionne also has been signaling that he is interested in discussions with other automakers about a sale of the company, partial sale or partnership of some kind for more than two years. The Detroit automakers posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Nor has the effects of these scams been a mystery to the governmental types now claiming to be scandalized by the automakers collusions.
So, yes, carmakers may have indeed played a little fast and loose with their emissions testing, but for the EU commission to claim that they are only now recognizing the duplicity of German automakers is a little like Donald Trump Jr. noting that now that you mention it, I may have met with a few Russians.” Credibility, as we are all finding out, is as much when you say as what you say.
Fiat Chrysler rejected the bid, which was said to provide a small premium over the company’s market value. VW Group, parent of European automakers like Volkswagen, Audi, and Porsche, will invest $84 billion in EV development. Subaru placed 5th overall in the Consumer Reports ranking with a score of 74. The automaker earned a road-test score of 81, and ranked very good in owner satisfaction and good in predicted reliability. Analysts say Jeep is unquestionably the most valuable part of FCA’s portfolio and theoretically worth more on its own than the automaker as a whole.