The Carlovers Magazine

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• The long awaited BYD E6 Review
• Toyota to Reopen Japan Plants on April 18
• Honda’s U.S. Output Could Be Reduced Through Mid-July
• Oil Prices Soar Past $110 per Barrel
• Fiat Will Sell Rebadged Chryslers in Latin America
• DOT: Ex-NHTSA Staffers Didn’t Influence Safety Probes
• Japan’s OEMs Seek Energy-Sharing Deal Across Industries
• ECB Raises Prime Rate
• Hyundai Hires GM Veteran as U.S. Marketing Chief
• Opel Product Planning Chief Quits

The long awaited BYD E6 Review Posted: This review was written by Mark Andrews, a well accomplished automotive journalist based in Shanghai China. You can read many of his other reviews on his personal website. For many, electric vehicles evoke memories of milk floats, mobility scooters, or even the ill-fated Sinclair C5. This is changing thanks to companies such as Tesla. Nonetheless, [...]

Toyota to Reopen Japan Plants on April 18 Posted: Toyota Motor Corp. says it will resume production at all its assembly plants in Japan by April 18 at 50% of capacity. Work will be continue until April 28, when it will be suspended through May 10 for the country's annual Golden Week holiday. The company says it hasn't decided on [...]

Honda’s U.S. Output Could Be Reduced Through Mid-July Posted: Honda Motor Co. says its North American factories could be running at sharply reduced levels for as long as three more months because of shortages of parts made in Japan, according to Automotive News. The newspaper quotes John Mendel, executive vice president of Honda's North American unit as saying that his [...]

Oil Prices Soar Past $110 per Barrel Posted: Crude oil futures climbed $1.47 per barrel yesterday on the New York Mercantile Exchange to settle at a fresh 30-month high of $110.30. Futures advanced after NATO said Libyan government troops had set fire to the country's largest oil field in a bid to block crude from reaching the rebel-held port [...]

Fiat Will Sell Rebadged Chryslers in Latin America Posted: Chrysler Group LLC confirms that it will sell some of its models in Latin America under the Fiat brand. It will use the process to satisfy an agreement with the U.S. Dept. of the Treasury that would allow the Italian company to increase its stake in Chrysler to 30%. Fiat began [...]

DOT: Ex-NHTSA Staffers Didn’t Influence Safety Probes Posted: The U.S. Dept. of Transportation's Office of Inspector General says it has found no evidence that former defect investigators at the National Highway Traffic Safety Administration who joined the auto industry have improperly influenced their former NHTSA colleagues. The inspector general's report also says it detected no signs that former auto [...]

Japan’s OEMs Seek Energy-Sharing Deal Across Industries Posted: The Japan Automobile Manufacturers Assn. is submitting a proposal to industry trade groups for an agreement to operate factories in rotation by industry, The Nikkei reports. JAMA has been seeking an alternative to daily production halts caused by rolling electrical blackouts. News reports last month said automakers were working on a [...]

ECB Raises Prime Rate Posted: The European Central Bank has raised it prime eurozone lending rate to 1.25% to rein in inflation, which has exceeded the bank's 2% target. The lending rate had been at a record-low 1% for nearly two years. ECB President Jean-Claude Trichet describes the increase as a balance between controlling inflation and [...]

Hyundai Hires GM Veteran as U.S. Marketing Chief Posted: Hyundai Motor Co. has hired Steve Shannon, a 15-year General Motors Co. veteran, to become vice president of marketing at its U.S. unit on April 18. Shannon was executive director of marketing for Cadillac until he left GM in March 2010 in one of the company's post-bankruptcy management shakeups. He previously [...]

Opel Product Planning Chief Quits Posted: Frank Weber has stepped down as head of product planning for General Motors Co.'s Opel unit to join an unidentified competitor, the company says. Opel has not yet named a replacement. Before taking the Opel product job in late 2009, Weber was global vehicle line executive for the Chevrolet Volt plug-in [...]

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