SURVIVING SKILLS FOR A RECESSION - MEDIA

 

 

by Michael Pistol

Finally, October is over. Good riddance…
After one of the most volatile months that we can remember, November starts with a bang – the US presidential elections. By now, the world markets have priced in most of Washington’s turmoil and the economic doom – or at least this is what we all hope. For Canadians, this month brings home - finally – the realization that business won’t be ‘as usual’ anymore, especially if you work or have contracts with any of Detroit’s Three.

The pendulum never stops in the center – the swing in the other direction has just begun. November, I suspect, may continue to rattle consumers’ nerves, and in a big way. The light at the end of the tunnel is certain to be yet another train, at least until January kicks in – then we can start assessing the damage, and plan for the future again. It’s just that the cleansing economic process that began two months ago is not over - yet.

As all economic analysis is always 20/20 hindsight, a few some are seeing these developments as a major opportunity for a fresh perspective or new and radical thinking. Oh, well!! This is anathema within the Canadian automotive sector - witness the disarray in which the automotive parts manufacturers are finding themselves in, or current governments’ programs designed mostly to preserve status quo. Overall, it comes as no surprise that a serious disconnect is happening between the executive suite and the front of the store. The good news is some organizations are starting to do something about it.

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Ipso Facto - Fundamentals / November 2008
CANADIAN CONSUMER DEBT: At Epidemic Levels - Financial Experts
Consumer debt levels have reached epidemic levels, say financial experts, and the situation continues to get worse. Household credit grew 12.2% in the first six months of 2008, increasing at a pace not seen since 1990. Household credit per Canadian is now $37,467...
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CANADIAN ECONOMY: August reverses into negative growth, 0.3% - Statistics Canada
Real gross domestic product continued the seesaw pattern observed since December 2007 with a 0.3% decline in August, partly reversing the 0.7% increase in July. Wholesale trade, manufacturing, and the energy sector, which were...
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MARKETPLACE: Subcompacts Drive Canadian Volumes Higher In 2008 - Scotia Economics
The Canadian auto market appears to be an oasis of calm among the turbulent seas of the global auto market, according to the latest Global Auto Report released by Scotia Economics. Purchases have advanced by 1.4 per cent through September...
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WAGES: Companies lower their 2009 compensation increases due to economic uncertainty – Conference Board
Canadian workers will receive lower wage increases in 2009 as organizations focus on cost cutting and efficiency drives in this uncertain economic environment...
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RESOURCES 2009
CANADIAN AUTOMOTIVE INDUSTRY RESOURCES
Need results? Meet our industry's key players.
Essential data, contacts, website.


Read More
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NEWS - Seven Days___________Nov.01 - Nov.07, 2008
MARKETING: ‘Drive’ the all-new 2009 Nissan 370Z eight weeks before the car hits dealerships
RETAIL: Extensive renovations complete at Mercedes-Benz flagship downtown Toronto facility
HYBRID/ELECTRIC POWERTRAINS: Azure Dynamics signs new agreements with eight Ford dealerships - one located in Toronto.
GREEN FLEET GRANTS: Ontario Government Reminder - Greening Commercial Fleets
LABOUR: No Downtime or Layoffs for Chrysler's Canadian Facilities, says CAW President
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STRATEGIC/MACRO DAILY INFORMATION for Canadian automotive business

TJAAautoinfo FASTWEBLINK

Friday - May 18, 2012

FOCUS: Toyota to lift Alabama plant production capacity - MarketWatch

ECONOMIC FUNDAMENTALS: How To Crash The Chinese Economy - BusinessInsider

ECONOMIC FUNDAMENTALS II: G8 leaders look to head off euro zone crisis - Reuters

CANADA

Bank of Canada fears weak growth in global economy - ReportonBusiness

Craft brewers in, Labatt out as Honda Indy sponsors - TheStar

INTERNATIONAL

V-8 Chevrolet SS coming to U.S. as 2014 model - Det.News

Performance-Car Buyers Seek Individuality - Wards

Ford Focus Battery Electric Vehicle review - Telegraph

GM ad move followed failed Facebook pitch: sources - Reuters

High-tech interiors drive future vehicles - Det.News

Thursday - May 17, 2012

FOCUS: Ford to lead rollouts of new models - Det.News

ECONOMIC FUNDAMENTALS: Japan GDP jumps 4.1%, beating estimates - MarketWatch

ECONOMIC FUNDAMENTALS II: The US Is 'Fully Available And Ready' For A Military Strike Against Iran - BusinessInsider

CANADA

Oil a net benefit to Canada, studies suggest - CBC

Gas prices likely to hold steady this summer - MoneyVille

INTERNATIONAL

GM stock boosted by 'Buffett Bounce' - Det.News

Shanghai Latest Design Outpost for BMW - Wards

General Motors to keep Vauxhall Ellesmere Port factory open - Telegraph

Ford to spend more this year on Facebook ads - Det.News

Tuesday - May 15, 2012

FOCUS: GM interested in acquiring Ally's foreign operations - Det.News

ECONOMIC FUNDAMENTALS: German economy returns to growth; France steady - MarketWatch

ECONOMIC FUNDAMENTALS II: Eurozone GDP Growth: 0.0% - BusinessInsider

CANADA

Massive budget bill passes 2nd reading - CBC

INTERNATIONAL

Ford ad campaign bucks traditional principles to build 'intrigue' - Det.News

Magna Intelligent Surface Technology Amplifies HMI Connection - Wards

Rolls-Royce Phantom II review - Telegraph

Supplier to buy ex-Mopar site, add 450 jobs - Det.News

Monday - May 14, 2012

FOCUS: GM Europe president to present restructuring plan - MarketWatch

ECONOMIC FUNDAMENTALS: KRUGMAN: Here's How The Whole Eurozone Could Unravel In Just A Matter Of Months - BusinessInsider

ECONOMIC FUNDAMENTALS II: Output falling, Euro zone heads for recession - Reuters

CANADA

How high priced oil is changing our lives - MoneyVille

INTERNATIONAL

Porsche's 911 model fuels April sales - MarketWatch

German brands widen lead in U.S. luxury auto market - Det.News

Toyota, Honda Slide in Supplier Survey a Surprise - Wards

Toyota RAV4 EV: Will anyone buy it? - MarketWatch

Far behind rivals, Ford tries to play catch-up in China - Reuters

Friday - May 11, 2012

FOCUS: Mulally will lead Ford until job accomplished - Det.News

ECONOMIC FUNDAMENTALS: This China Chart Is Making Everyone Scream 'Hard Landing' Today - BusinessInsider

ECONOMIC FUNDAMENTALS II: China economy shows unexpected signs of weakness - Reurters

CANADA

Weak growth likely to nudge unemployment rate higher - ReportonBusiness

INTERNATIONAL

Treasury: No schedule set to exit GM - Det.News

Volkswagen April vehicle deliveries rise 6% - MarketWatch

GM-Peugeot to pool mid-sized cars, compacts: report - Reuters

EV Battery Breakthrough Likely 10 Years Away, Researchers Say - Wards

Thursday - May 10, 2012

FOCUS: Porsche plans new sedan to rival Mercedes: report - Reuters

ECONOMIC FUNDAMENTALS: Q&A: Greece's austerity alternatives - Aljazeera

ECONOMIC FUNDAMENTALS II: The Death Spiral Of Debt, Risk And Jobs - BusinessInsider

CANADA

Buy American revision reopens threat to Canadian economy - TheStar

Canadian debt loads getting lighter - CBC

INTERNATIONAL

2012 Scion iQ: A tiny dose of daring - Det.News

Mazda's sole executive from Ford to leave: report - MarketWatch

Study Finds Real-World Vehicle Emissions Not Falling Fast Enough - Wards

Lamborghini Aventador meets real life - Telegraph

Marchionne relishes No. 1 Chrysler minivan ranking - Det.News

Wednesday - May 9, 2012

FOCUS: Toyota to treble profit this year, trim costs - Reuters

ECONOMIC FUNDAMENTALS: SOVEREIGN DEBT: A Modern Greek Tragedy - BusinessInsider

ECONOMIC FUNDAMENTALS II: Exclusive: China considers delay of key party congress: sources - Reuters

CANADA

McGuinty says Ontario will assist its ‘leading goal scorer' - the auto sector - ReportonBusiness

Ford to cut back on summer shutdown - CBC

INTERNATIONAL

Toyota Q4 net profit surges as output normalizes - MarketWatch

Cadillac to provide concierge service for its XTS buyers - Det.News

New Opel Small Car to Be Called Adam - Wards

GM might sell transmission plant in France - MarketWatch

Ford to boost output by curbing shutdowns; others look to add shifts - Det.News

Tuesday - May 8, 2012

FOCUS: BMW global car sales up 6.1% in April - MarketWatch

ECONOMIC FUNDAMENTALS: USA: Where Do Real Jobs Come From? - DailyReckoning

CANADA

CAW, Chrysler suppliers negotiate new deals - CBC

Canada seen benefiting as U.S. auto makers scramble to restore capacity - ReportonBusiness

INTERNATIONAL

Hyundai Motor, union to start wage talks - Reuters

In pictures: Lamborghini Aventador - Telegraph

Step Aside Monaco And Dubai, This Is The Real Supercar Capital Of The World - BusinessInsider

Ford China sales up 24% in April - MarketWatch

Indian Supplier's Low-Cost Hybrid System Nears Market - Wards

Monday - May 7, 2012

FOCUS: Mr. Money: The most profitable car companies - Telegraph

ECONOMIC FUNDAMENTALS: A 2013 Cliff Dive? - BusinessInsider

ECONOMIC FUNDAMENTALS II: Analysis: Greek, French voters reject German-led austerity - Reuters

CANADA

Canada's last penny minted - CBC

INTERNATIONAL

BMW China car sales continue to surge in April - MarketWatch

Chrysler recalls 300s, Dodge Chargers for electrical issue - Det.News

Toyota says China sales in April up 68 percent - Reuters

Audi China car deliveries jump 44% in April - MarketWatch

Lending Eases, But Some Car Buyers Still Face Credit Issues - Wards

GM China's April sales rise 11.7% - MarketWatch 

Friday - May 4, 2012

FOCUS: Ford retirees face buyout dilemma - MarketWatch

ECONOMIC FUNDAMENTALS: The Euro Area Economy Is Deteriorating At A Disastrous Pace - BusinessInsider

ECONOMIC FUNDAMENTALS II: The euro crisis just got a whole lot worse - Telegraph

CANADA

TSX falls after disappointing U.S. data - CBC

Why penny ante, pretty penny, penny candy become anachronisms Friday - TheStar

INTERNATIONAL

U.K. new car registrations up 3.3% in April - MarketWatch

GM rakes in big profits, avoids U.S. income tax - Det.News

Renault-Nissan to Take Majority Stake in AvtoVAZ - Wards

Fuel economy: why your car won't match the official mpg - Telegraph

Ford asks steep price for Japan to join trade talks - Reuters

Tire-pressure monitoring systems not precise - MarketWatch

Thursday - May 3, 2012

FOCUS: OPEC wants to push oil down to $100/bbl: Chief - MarketWatch

FOCUS II: GM Q1 profit beats Street on strong U.S. demand - Reuters

ECONOMIC FUNDAMENTALS: ROUBINI: The #1 Threat To The World Is A War With Iran And A Devastating Oil Crisis - BusinessInsider

CANADA

Regulator charges auto dealer with "unconscionable" conduct - TheStar

GM showroom deal marks shift in Canadian auto industry policy - ReportonBusiness

INTERNATIONAL

Porsche sales, profit surge on China demand - MarketWatch

3 more Chrysler plants to stay open - Det.News

North American Plant Utilization Soars With Boosts to Output, Capacity - Wards

Jaguar Land Rover to invest £200m in F-Type factory at Castle Bromwich - Telegraph

Strong Asia demand fuels BMW first-quarter earnings rise - Reuters

Spain April car registrations down 22% on year - MarketWatch 

Wednesday - May 2, 2012

FOCUS: Chrysler has its best April in 4 years; Ford, GM down - Det.News

ECONOMIC FUNDAMENTALS: Something Really Bad Happened To The European Economy In April - BusinessInsider

ECONOMIC FUNDAMENTALS II: Britain 'does' austerity so the US doesn't have to - Al Jazeera

CANADA

Chrysler leads in April auto sales - CBC

Former Bank of Canada governor breaks rank with successor over consumer debt - ReportonBusiness

INTERNATIONAL

Audi expects '12 operating profit around '11 level - MarketWatch

Ford Focus, Explorer Post Solid April Sales But Fall Short of Benchmarks - Wards

Toyota posts April U.S. gains, GM lifts sales outlook - Reuters

GM taps moms, female engineers for redesign - Det.News

Tuesday - May 1, 2012

FOCUS: Obama Pushes False GM Success Story - RCM

ECONOMIC FUNDAMENTALS: It Looks Like The Global Economy Is Rolling Over - BusinessInsider

ECONOMIC FUNDAMENTALS II: China data points towards economic recovery - Reuters

CANADA

Shell-Iogen plant cancellation raises doubts about new biofuel technology - ReportonBusiness

Canadian economy shrinks slightly in February - CBC

INTERNATIONAL

GM keeping quiet on talks with Isuzu - Det.News

Competition Highlights Democratization of Luxury - Wards

GM CEO: top woman executive a potential successor - Reuters

GM to chop 100 R&D positions - Det.News

Monday - April 30, 2012

FOCUS: Toyota polishes its tarnished image - Det.News

ECONOMIC FUNDAMENTALS: EU readying 'Marshall Plan for Europe': report - MarketWatch

ECONOMIC FUNDAMENTALS II: Unbelievable Headline From 1935 Confirms That Nothing Ever Changes In The World - BusinessInsider

CANADA

Chrysler's Windsor plant suspends production as parts supplier strikes - ReportonBusiness

INTERNATIONAL

General Motors to start selling Corvette in South Korea - Det.News

Sonata Sways New Altima Design, But Nissan Sets Sights on Camry - Wards

UK: BMW 550d review - Telegraph

GM, Isuzu to talk on capital tie-up: Nikkei - Reuters

Forecast: Daimler may overtake VW in 2015 luxury cars - Det.News

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