Level Nine Sports, where families ski and ride...
 

 advertise with indeep media

Volkswagen Tops China Car Sales

Posted: January 15th, 2014 | Author: | Filed under: Grilled Auto News, Grilled Motoring News | Tags: , , , , , , , , , , | Comments Off on Volkswagen Tops China Car Sales

VW Tops China Car SalesVW are now the biggest automotive manufacturer in the world’s biggest automotive market, quite a contrast to their US operations where they skirt around the middle of the pack.

Volkswagen were once much-loved in the US for their quality, but have since seriously fallen out of favor.

Over in the Middle Kingdom VW’s pull on the Chinese public is immense, the German auto-makers offer stretches from the cheapest $US12,000 hatch to the $US175,000 Phaeton übersedan.

And it seems that anything with a VW badge riveted to the front and back panels seems to simply drive out the showroom doors.

Volkswagen sold 3.27 million vehicles in China last year, it’s closest rival, GM, sold 3.16 million cars, now the race is on for VW to become the world’s biggest automotive manufacturer, but for them to achieve that result they will need to improve the way the US market views them :: Read the full article »»»»


Are Government Subsidies Wasted on a Dying Industry?

Posted: November 5th, 2013 | Author: | Filed under: Business News | Tags: , , , , , , , , | Comments Off on Are Government Subsidies Wasted on a Dying Industry?

Are Government Subsidies Wasted on a Dying Industry?With car production volumes falling to 5 year lows, and on a steady decline, the big question on the lips of auto industry insiders has got to be Are Government Subsidies Worthwhile. Is  it truly worth forking out billions of dollars to sustain an industry that is seemingly on it’s way out?

The Federal Chamber of Automotive Industries – FCAI – reckons they are, it thinks a report showing dire economic consequences if the car industry collapses in Australia will change many people’s views, and hopefully give a final answer to a question that has hung like a noose over Australia’s car-making industry.

The report was compiled for the FCAI by the Allen Consulting Group and Monash University researchers. Automotive production is at close to half the level it was in 2008 when Australia turned out 320,000 cars, this year however the industry might produce as few as 180,000 units.

The standard, and seemingly logical, argument that Australian tax payers shouldn’t be propping-up US companies almost entirely negates the 40,000 strong workforce involved directly in car-making and almost the same again in ancillary industries, it also fails to take into account a contribution close to $25 billion a year to the nations economy ::  Read the full article »»»»


AUSTRALIA: The Cost of Keeping General Motors ‘Holden’ Local

Posted: March 25th, 2012 | Author: | Filed under: Business News | Tags: , , , , , , | Comments Off on AUSTRALIA: The Cost of Keeping General Motors ‘Holden’ Local

General Motors HoldenBack in January we posted ‘The Cost of  Keeping Automakers Local’ Reporting that sales of the Australian made large cars – Holden Commodore and Ford Falcon – had dropped alarmingly in recent years. The Commodore’s 15-year run as Australia’s best-selling vehicle was ended abruptly in 2011 by the Japanese manufactured Mazda3, while Ford Falcon sales plummeted to fewer than 19,000 units in 2011.

And asking the question: So Exactly How Much Does it Cost to Keep Auto Makers in Australia? This past week Australian Government has answered the question by handing General Motors Holden more than $AU275 Million. The Australian government reckons it has avoided a “knockout blow” to the manufacturing sector by giving $215 million in assistance to General Motors Holden. The car maker will also receive $50 million from the South Australian Government and $10 million from the Victorian Government. Read the rest of this entry »


Australia: The Cost of Keeping US Auto Makers Local!?

Posted: January 11th, 2012 | Author: | Filed under: Business News | Tags: , , , , , , , , , , , , , | Comments Off on Australia: The Cost of Keeping US Auto Makers Local!?

Australia: The Cost of Keeping US Auto Makers Local!?Sales of the Australian made large cars – Holden Commodore and Ford Falcon – have dropped alarmingly in recent years. The Commodore’s 15-year run as Australia’s best-selling vehicle was ended abruptly in 2011 by the Japanese manufactured Mazda3, while Ford Falcon sales plummeted to fewer than 19,000 units in 2011. So Exactly How Much Does it Cost to Keep Auto Makers in Australia? Between $100 and $200 Million!? Holden says it is getting closer to announcing co-investment from the Federal Government and parent company General Motors as it looks to secure the local manufacturing of the Cruze and Commodore beyond 2018. Ford has announced a fresh $103 million investment for it’s Falcon range of large car and Territory SUV, though the future of the Australian-built vehicles is still guaranteed only until the end of 2016. Australia’s Minister for Manufacturing, Kim Carr, and South Australian Premier Jay Weatherill have been in talks with GM at this week’s 2012 Detroit motor show as part of a political delegation seeking future support for the Australian car industry.State and federal governments could be forced to pay up to $200 million to keep Holden factories in Australia, a workforce analyst said. Both the federal and South Australian governments have indicated they will pay Holden’s parent company General Motors a “substantial sum” to prevent manufacturing from being moved offshore. Holden wasn’t able to announce its own confirmed co-investment strategy but the car maker’s managing director, Mike Devereux, said parties are working towards an agreement. Read the full article »»»»