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General appoints veteran Palm Shuaiyin June repaid government loans





Yesterday, the United States automobile giants General represents just a month plus ED WHITACRE will continue as Chairman and Chief Executive Officer, this means that "seeking steady" has become a universal consensus.

"Maintaining" into a universal imperative

General Motors to this newspaper's statement said, ED WHITACRE 26-in the United States time in Detroit at the Conference revealed that the General commitment in June this year to repay the United States, the Government of Canada.

2009 was a year of General unrest, from yesterday's appointment, the general objective of maintaining the moment is "." Failure to pass the Board of Directors on their performance review, brings universal out of bankruptcy protection CEO Han Desheng at the end of the year on the occasion of the monthly Board meeting suddenly produce shuaiyin.

By the United States Treasury Department's 68-year-old appointed ED WHITACRE last year "Airborne" universal, temporarily took over Han Desheng vacancies, he also served as AT

Spyker purchase Saab then played "avariciousness" doesn't think much of the industry





Kenilworth (chenxin Yan) comprehensive foreign reports, General Motors announced on 26 January, the company will under the flag of Sweden Saab (SAAB) business sold to Netherlands sports car manufacturer Spyker.

  Saab escape extinction destiny

In the Saab "life and death of uncertain" in recent days, many Saab fans in General Headquarters ― Detroit Renaissance building, at the risk of severe cold hit "rescue Saab (Save Saab)" slogan to want to be able to take a small force probation generic, so as to avoid repeating the Saturn Saab, the Pontiac was the fate of disappearance.

However, from the Netherlands in small factories hit save its sports car. Spyker 26, issued a statement agreed to 4 billion u.s. dollars acquisition of General Motors subsidiary Saab, including 7400 million in cash. Transactions completed, General Motors will also gain value 3.26 million redeemable preference shares. However, the transaction is subject to the implementation of Saab and EIB-400 million euros of loan agreement. The loan will be secured by the Government of Sweden.

According to the agreement, the Saab brand cars will continue to work in the United States market sales, General Motors will provide part of the power part.

Saab currently total assets of approximately

Digital tracking recall incidents Toyota $ 400 worth of evaporation





数字追踪召回事件 丰田市值蒸发400亿美元

$ 400 billion Toyota large evaporation in

【--】 4 February, Japan Tokyo stocks Nikkei 225 stock average price index over the previous trading day by 48.35 points, to 10355.98 points, 0.4647 per cent. Toyota for recall and , resumed the Honda cars because of its increasing annual fiscal measure than expected price rise.

Toyota received approximately 3 per cent lower, Toyota city value up once a 1-touch one-quarter of recent high shrink. In accordance with the MSB nearly 1600 billion market value calculation, Toyota city value is close to $ 40 billion for evaporation. Pill three securities investment policy department heads Takashi Ushio stated: "Toyota and Toyota Group, a unit of pressure on the market. ”

$ 20 billion Toyota recall costs not small

Toyota Motor Corporation of Japan, announced a recall of 4 July there the gas pedal failure of car will enable the world's largest automobile manufacturer to pay total 1800 million yen (about $ 2 billion).

Toyota company Managing Director ichiji Cannon-4, told reporters that the company has been in fiscal 2009 to include in the accounts of 1800 million yen "recall the event costs". Of these, 1000 billion yen to recall vehicles required maintenance, replacement and other costs, the remaining 800 billion yen to recall the events leading to the loss of sales decline, etc.

数字追踪召回事件 丰田市值蒸发400亿美元

Figure for the United States a Toyota dealer in California's point of sale. Xinhua News Agency

Fiscal 2009 is scheduled for the end of March this year. Toyota expects the recall events will affect the final fiscal year of Toyota Motor Sales, sales in the United States and Europe will be reduced by 10 million units.

Prius (Gallery Forum) is Toyota last hot new hybrid electric vehicle. But at the moment there are about 180 from Japan and United States customer complaints. These customers are driving Prius car in turbulence or slippery road surface, there will be a temporary failure of the brake, which some customers experienced crashes.

Toyota spokesman Takeuchi Lilley child (transliteration) said that the Prius vehicle vibration brake system design issues, the company has discovered and corrected, in late January this year and sold sections since Prius cars do not have this problem.

Takeuchi said the company is researching how to notice in late January, the Prius cars purchased prior to the customer.

Japan Government consumer Minister Fukushima Mizuho administration play 4 day met Toyota executives-Takada full (tone), listen to Toyota regards Prius car door "brake" explanation.

Fukushima and Takada talks told reporters that she urges Toyota Prius car brake as soon as possible in investigating and reporting to government failure, also called on Toyota to take measures to prevent unreliable interested in Prius customers spread.

Fukushima Japan Government implied in Toyota report findings to respond.

(For NCNA this feature Hu ruoyu)

$ 8.79 billion Toyota profits again

4 February, Toyota to increase the annual results for fiscal 2009 Outlook, it is expected that new profits. Toyota is expected, despite the "pedal door" net profit for the financial year 2009 will continue to be up to 8

00 billion yen ($ 8.79 million), deficits.

Toyota announced that benefit from the cost reduction measures and the strong growth of domestic sales, the company grew out of a global recession caused sales slump, projected fiscal 2009 sales count 5000 billion yen ($ 54.93 million), FY net profit will reach 800 billion yen, while the previous estimate of the loss of 2000 billion yen ($ 21.97 million).

Fiscal 2008, Toyota loss 4369.4 billion yen ($ 48).

Toyota for the first three quarters of fiscal year 2009 that last April to 12-month operating profit for the 522 billion yen ($ 5.73 million), representing a loss of performance when half annual 1369 billion yen ($ 15) substantially improved.

This is Toyota's third increase in fiscal 2009 Outlook performance. Toyota company that also increase global sales expected in FY 2009, the original objectives to 703 million units, at the moment is expected to sell 718 million Toyota cars.

However, due to the Toyota plant in the United States from 1 January 2 to halt the production of 8 cars, plus the additional expenditure required to recall, in the fourth quarter of fiscal 2009, January-March earnings will be affected.

(According to the Xinhua News Agency)

Related news

Internally there are complaints

According to the common social reported that Toyota Motor Corporation has received many complaints about domestic users.

There were complaints about the quality of the vulnerabilities last year may sales in new version of the Prius models, all domestic production from Japan. As of now, Japan land transport has received 14 complaints, Toyota dealers you received 77 complaints.

Honda began to worry

Japan using ECaSS recently said that competitors Toyota recall because of security reasons a large number of vehicles on the Japan brand impact of cars.

Honda Corporate Executive Vice President, Gan households that Toyota is one of the representatives of Japan Automobile, in this sense, "we are worried that this will lead to other Japan brand, but we also need some time to assess these impacts. ”

United States continues to put pressure on

United States Transportation Minister Raymond ・ Lahoud 3, continue on the gas pedal pressure to the Toyota Motor Corporation of Japan, he said that he would be the direct and Toyota, Toyota chapter men and to the latter expressed serious concern.

Lahoud day also stated that the relevant government departments will supervise the Toyota fulfil its ensure various commitments of vehicle safety and the safety of various possible reasons to continue the investigation.

Previously testified at the Congress, Lahoud was once said that problems related to the ownership of the owner of the vehicle should "stop driving" these cars, which were caused panic in the outside world. Lahoud then quickly clarified.

(Shenzhen)

[Edit: yiyangcai]

General accident PLC CEO regularized Hui Tucker the level indefinitely





通用临CEO意外转正 惠塔克无限期出任该职

Yesterday (26), United States General Motors Chairman and interim Chief Executive Officer-Tucker said he will indefinitely as company CEO, this means that GM took two months looking for a CEO's job.

Hui-Tucker said last week, the Board expressed the hope that he will remain CEO and did not set his tenure Hui Tucker became General Motors nearly 10 months for the third term CEO. He said that he served as CEO for the company "need stable".

Current kartak as official-CEO came as a surprise to the outside world. Two months ago as CEO, Hui Tucker said, he does not intend to long term the post, but the search for new CEO of process requires time-consuming for months.

Hui-Tucker said, does not identify himself as CEO will receive remuneration. General Motors to accept the Government nearly $ 50 billion of assistance must be on top of the pay restrictions. Hui-Tucker is currently a Board member as Chairman of the Board and the salary of 35 million. (Lo-Ying)

(The Beijing News)

[Responsible editor: Liu JI)]

Back to the Middle East "was Toyota Japan manufacturing" destroying brand





According to the common social Japan 1 month 29 message, Toyota may issue vehicle recall range extended to Latin America and the Middle East. Previous recall covering the European, American and Chinese markets, worldwide recall of around 800 million, exceeding its 2009 annual global total volume sales. Industry insiders said that excessive expansion at the expense of quality of Toyota is suffering a severe credibility crisis, and if not for effective public relations crisis, it is possible to make global sales first Crown. Japan media even worried that this event will destroy the "Japan" of this flagship manufacturing.

Because the accelerator pedal for security breaches, Toyota United States sales company 26, declare a moratorium on the sale of 8 models, temporarily turn off part of the production line. Previous 21, Toyota has recalled 230 million units sold in the United States market of multiple-car, these types of integrated sales accounted for Toyota 2009 United States market 56% of total sales. Cut off the face of Toyota in United States sales decline, staff salaries and idle assets.

This large-scale recall events inflicted heavy losses on the stock price of Toyota Motor Corporation. Last week, the company's stock fell 5, even within a week of cumulative decline of 15%, the market value of the evaporation 25 billion. At the same time, the rating agency also place it on negative watch list.

Reuters January 29 reported that United States Congress affiliates was collecting Toyota and United States safety supervisory departments of e-mail messages and other instruments, to creating of the Toyota recall events. United States House of representatives energy and Commerce Committee, announced on 28 January, 25 February for Toyota recall events held hearings.

United States consumer reports recently revealed that Toyota's reliability rankings has been placed and Honda Subaru-, from 2006 's first name dropped to third.

The Wall Street Journal published Jeff ・ the Knight of an article that the long-term effects are still difficult to predict, but there is no doubt that the short term there will be a very bad influence, this will give the opponent of Toyota in the United States, , for example General, , Ford Motor Company took advantage of the occupation of auto sales markets.

This "back door" event in the car, and issues related to the gas pedal. According to the common social reports, Latin America and the Middle East, sales of Toyota cars, and in the United States recall of 230 million units of the car, the car of the accelerator pedal by Headquarters is located in Indiana El Hart (Elkhart) car parts supplier CTS (Gallery Forum) production company.

But the nightmare is not terminated but the Toyota and CTS company relations of cooperation. According to Toyota's website on 28 January the throttle pedal vendor CTS released a statement saying, Toyota Motor Engineering and manufacturing North America Inc. (TEMA) is working with the CTS is improved pedal designing cooperate closely, in order to effectively repair and gas pedal-related issues. New design of pedal tested, is fully operational CTS to meet problem vehicle replacement pedals. Toyota North American automobile company purchasing Vice President Chris ・ Nielsen said the "CTS is our long-term important suppliers. ”

Previously have waimei reported that Ford Motor Company found in China, production of full-sized commercial vehicles ( Quan Shun (Gallery Forum) classic-commercial vehicle) of the gas suppliers involved in Toyota Motor Corporation (ToyotaMotorCo.) Event of a recall, which suspended the production of the models.

Toyota is the Japan automobile industry standard enterprise, 2008 global car sales for the first time to defeat the United States General Motors, the top global champion.

But in 2009, Toyota has massive recall cars. According to incomplete statistics, only the first 10 months of the year, Toyota has nine global recall involving vehicles reached more than 625 million. Plus this recall of 380 million, and the recall of vehicles of more than 10 million vehicles.

The domestic car industry expert comments, Toyota will surpass GM becomes the first in the world, rely on stringent enterprise management and enterprise culture was of excellent product quality. But over the past 3 years, Toyota seems to have strayed from its emphasized caution, on-demand production, the pursuit of competitiveness of the "Toyota way", used to go increasingly being replaced by speculation, the rapid expansion of the product quality has not been processed in a timely manner, do not hesitate to sacrifice quality for capacity expansion, even in the United States market which Fortune cast down big mistake.

Auto analyst guxinguang pointed out that on this complex products, the law will not be possible to require perfect, just asking for a recall by remedy. Even Toyota's "lean management", it is difficult to avoid in the design and production of such a defect is found, the key is in use when the company discovered defects select attitude: conceal or recall. Generally if you recall, it takes a lot of cost

Enterprises may not recall. In quality assurance and benefits in the event of a conflict, many large corporations have no hesitation in choosing the benefit, but once the exposure, corporate image and product brands will suffer heavy losses.

Japan Shimbun said that, while Toyota is said to suspend sales to completely solve the product defect, but this approach may increase consumer concerns. Suspension of the period, the customer may migrate to other automakers, causing serious source of wastage. Some even predicted that the United States automobile giants will took the opportunity to stage a comeback, Toyota may be forced to "give way".

Japan Shimbun also not without fear, distrust of the Toyota may even undermine the overall reputation of the manufacturing industry in Japan. According to the common social 31 January reported that Toyota recall the incident, the United States domestic Japanese automobile criticism and distrust has more and more.

(Information daily)

[Edit: yiyangcai]