Dieselgate 2.0: Porsche And Audi Caught Using Sophisticated Defeat Devices

Volkswagen definitely is gunning for the “habitual cheater” title. Apparently, no lessons were learned when VW was involved in the biggest, and definitely most costliest cheater scandal the auto industry has ever seen. Volkswagen AG has (so far) “agreed to spend up to $25 billion in the United States to address claims from owners, environmental regulators, U.S. states and dealers, and offered to buy back about 500,000 polluting vehicles,” wrote Reuters. Volkswagen subjected itself to intrusive oversight, it even offered six mostly mid-level managers as sacrificial lambs, and vowed to go forth and sin no more.

A few months later, the sinning continues, and it has reached new levels of sophistication, reports from Germany suggest. The reports already are talking about “Dieselgate 2.0.”

How Can A $4,100 Renault Kwid Make A Profit? The Answer Is Here

Renault took India by storm with its $4,100 Kwid, and Nissan’s Datsun is about to do it again with the Kwid’s shorter sibling, the $3,700 redi-GO. But do they make money? Didn’t GM just give up on India because it can’t turn a profit on a Chevrolet Beat that is a little shorter, but much pricier than the Kwid? Before I did set out to go to India, an executive of a very large Japanese automaker urged me to look very hard into the Kwid’s profitability, because he had it on what he thought was good authority that Renault is losing money on the car. Does the Kwid make, or lose money? I went to India to find out. (The story of what underpins the cars is here. The secret of the car’s ultra-low price is revealed here.)

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Tesla’s ‘Pushing Of Production Boundaries’ Makes Large Carmakers Yawn

If you noticed mild tremblors yesterday and today, then it’s probably from the auto industry shaking its heads around the globe about an article that appeared at Reuters yesterday. It talks about Californian carmaker Tesla breaking new ground (and taking big risks) in car production. The head shakers think the alleged production revolution is a yawner.

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If Any Chinese Car Company Will Take On The World, Then This One

When will Chinese carmakers follow the Japanese, and Korean example, and take over the world? If it happens, who will it be? Sitting at a desk overlooking a glitzy Shanghai skyline that can put Manhattan, or downtown Tokyo to shame, I predict that scrappy Geely will be at the vanguard of Chinese automakers to take on the world. I write this after having seen Geely’s R&D center in Hangzhou, after having talked to its production engineers in Geely’s hometown some three hours south of Shanghai, and after having been granted a rare glimpse behind the closed doors of the company’s design studios in Shanghai. I am rarely impressed, but I am.

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During Volkswagen’s Dieselgate Hell Week, An Explosive Sacrificial Lamb Theory Emerges

At Volkswagen, last week was one of those weeks one would rather forget. On Wednesday, German police and prosecutors rained on the parade of numbers at Audi’s annual results conference. Offices and homes of leading Volkswagen AG managers all over Germany were raided. The timing was sheer happenstance, prosecutors claimed. A day later, Volkswagen managers were shown what could happen to them: Their colleague Oliver Schmidt was brought into a Detroit court in handcuffs and a fluorescent orange prison jumpsuit, only to be told that he would have to sit in jail until a January 2018 court date, and most likely long beyond. Meanwhile in Germany, prominent voices called Schmidt a sacrificial lamb, offered-up to distract from the truly guilty.

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“Change Must Happen In The Head,” Says Volkswagen. Let’s Check

It has taken a while, but Volkswagen finally shows the effects of hospital-grade doses of humble pie. At today’s annual results conference in Wolfsburg, reporters witnessed a less arrogant, less egomaniac, more down-to-earth Volkswagen. It’s what one would expect from a Volkswagen that, after its Friday admission of guilt in a Detroit courthouse, can officially be called a felon, as Automotive News just did. VW’s new-found modesty still is a surprise for this reporter, who, over many decades, has seen Volkswagen go from humble to hyper.

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The Future Tesla Model 3 Buyer Drives A Toyota, And That’s A Huge Problem

California carmaker Tesla is sitting on, at last count, 373,000 pre-orders for its more affordably priced Model 3 sedan. A confidential study conducted for a major automaker shows that Tesla’s Model 3 has changed the market long before its release, legitimizing electric vehicles as a mass market choice.

The typical aspiring Model 3 buyer drives a Toyota, not a BMW, the study says. Those customers are looking to switch because they think they can finally afford cutting-edge technology previously limited to the rich and famous. Tesla, however, may be ill able to afford the customers it’s attracting in droves: Toyota owners are among the most demanding, and they will be confronted with a brand notorious for its lack of reliability. Sound the collision alarm.

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The Tesla China Numbers That Elon Musk Won’t Tell You

More evidence about Tesla’s Big China Bonanza is coming in. It is data Elon Musk forgot, or refuses to share. At least not publicly with small investors. Yesterday, China-watcher JL Warren Capital issued a new research note to clients, providing background, amplification, and analysis to the bits and pieces of what became available over the weekend. In the note, JL Warren examines “the reasons for TSLA’s spectacular sales (measured in shipment, not profit) in China 2016.” The note provides insights into data intelligence normally not available to the average investor. It also triggers a few big questions. Like, why does Elon Musk think you are stupid?

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