BLOG: Philip Nussel
The most powerful force in the auto industry? Analysts' expectations
Posted 3:49 pm U.S. ET, May 10
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If you read the financial media like I do for a living, you can logically conclude that the most powerful and important people in the world are Wall Street analysts.
Continue reading "The most powerful force in the auto industry? Analysts' expectations" » May 10, 2012 3:49 pm U.S. ET
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How GM's industrial accident became an election year story
Posted 2:59 pm U.S. ET, April 11Earlier today an accident took place at General Motors' battery-testing lab in Warren, Mich., and at least one person was injured enough to be hospitalized. GM engineers were testing a prototype lithium ion battery when, according to reports, an explosion and fire occurred.
Almost as soon as the report came out, there was breathless discussion in t ...
Continue reading "How GM's industrial accident became an election year story" » Apr 11, 2012 2:59 pm U.S. ET Post Comment | Permalink
Why Mitt Romney's auto bailout position doesn't play in Michigan
Posted 2:57 pm U.S. ET, Feb. 17DETROIT -- The Feb. 28 Michigan Republican primary election has devolved horribly into a referendum on whether the Bush and Obama administrations did the right thing by bailing out the auto industry in late 2008 and 2009.
Here's a quick review of the facts -- from my perspective.
Michigan native Mitt Romney is ...
Continue reading "Why Mitt Romney's auto bailout position doesn't play in Michigan" » Feb 17, 2012 2:57 pm U.S. ET Post Comment | Permalink
Suddenly, GOP filled with regulatory watchdogs
Posted 3:02 pm U.S. ET, Jan. 25Republicans for decades have been the nation's self-appointed guardians against big government. They complain about red tape, taxation and government interference in the private sector. They attack federal regulatory bureaucracies with a passion.
Except when it involves regulating a company partially owned by the government during an election year ...
Continue reading "Suddenly, GOP filled with regulatory watchdogs" » Jan 25, 2012 3:02 pm U.S. ET Post Comment | Permalink
Why auto electronics remain a concern after the Toyota recalls
Posted 3:23 pm U.S. ET, Jan. 18Let's say it one more time: Electronics or software glitches played absolutely no role in Toyota Motor Corp.'s recall of some 8 million vehicles in 2009 and 2010 after reports of unintended acceleration.
Toyota has said so. Federal safety regulators have said so. NASA, in a highly publicized report last year, said it found no electronic causes of u ...
Continue reading "Why auto electronics remain a concern after the Toyota recalls" » Jan 18, 2012 3:23 pm U.S. ET Post Comment | Permalink
Romney, GOP alienate the U.S. auto industry, Midwest states
Posted 4:10 pm U.S. ET, Nov. 10I checked this morning to make sure it exists, but there actually is a well-organized group called Republicans for Obama that was launched in 2006, according to its Web site.
The group should set up shop in Michigan or someplace in the Midwest where there is a General Motors or Chrys ...
Continue reading "Romney, GOP alienate the U.S. auto industry, Midwest states" » Nov 10, 2011 4:10 pm U.S. ET Post Comment | Permalink
Supplier price-fixing probes will spark years of litigation
Posted 2:27 pm U.S. ET, Oct. 24DETROIT -- If you are an auto industry litigator, especially in the Detroit area, congratulations on your good fortune in securing perhaps years of top-billing legal work.
The fallout from the price-fixing criminal prosecution of Furukawa Electric Co. has already spawned 10 lawsuits -- including three from dealership groups.
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Continue reading "Supplier price-fixing probes will spark years of litigation" » Oct 24, 2011 2:27 pm U.S. ET Post Comment | Permalink
Lear's Rossiter, an auto industry survivor
Posted 4:17 pm U.S. ET, Aug. 11Today's Automotive News pop quiz: Can you name a CEO who has stayed with the same company for 40 years, participated in a leveraged buyout, tried to sell the company against the wishes of shareholders and then successfully reorganized it under Chapter 11 bankruptcy?
I doubt you'll find another one besides Lear's Bob Rossiter.
Continue reading "Lear's Rossiter, an auto industry survivor" » Aug 11, 2011 4:17 pm U.S. ET Post Comment | Permalink
The last four years have been an eternity at Chrysler
Posted 2:01 pm U.S. ET, Aug. 3TRAVERSE CITY, Mich. -- Life was so much different at this place on Aug. 5, 2007. I had just arrived at the CAR Management Briefing Seminars and took some editorial colleagues out for drinks on a Sunday evening at a lakeside restaurant.
Then my cell phone rang.
It was a media relations guy representing investme ...
Continue reading "The last four years have been an eternity at Chrysler" » Aug 3, 2011 2:01 pm U.S. ET Post Comment | Permalink
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