Free Advice To Congress On Rejuvenating The Big Three

United States Congress is serious about dealing with the energy crisis and about reducing the increasingly expensive imports of petroleum. The same Congress seems to forget that a liquidation of US automotive manufacturing companies will increase the importation of foreign made cars.

A befuddled Congress was quick in consenting to shell out $700 billion of taxpayer monies to save investment bankers and insurance companies from the consequences of speculative business practices. Extreme losses resulted from high stakes gambling and from sales of fraudulently assembled securities at excessive prices.

The same Congress balked when the Big Three flew in on their company jets to ask for much smaller handouts. Big Three executives only took home an admonition by Congress to fly commercial carriers into Washington.

What are we talking about? The automotive industry is critically dependent on the continuous investment of large amounts of capital. This never ending investment requires a strong and steady cash flow.

Unfortunately, the automotive industry has been invaded by dividend hungry investors, who soon usurped and occupied the boardrooms. Top management was bribed with obscene salaries and bonuses to do the bidding of the new company owners. Driving up stock prices and dividends became the number one management priority.

The results were entirely predictable and are being taught at all business schools. The business model is called “Cash Cow Management”. The Cow alias stands for milking; companies with large amounts of cash or sunken investments are milked continuously and ruthlessly until the cow gives up and prefers to pass away.

Following this business model can be highly profitable for quite a long time. This business model requires very nimble and capable financial, sales, and operations management. Inescapably, this type of company will be walking ever closer to the edge of an abyss. A small decline in sales, shrinking margins, or increasing credit costs will bring down such companies quickly.

The Big Three have been run in this business mode for a long time. The cows are dying. Congress must demand that the Big Three or Big Two are rejuvenated before given a cash injection. For economical and security reasons automotive companies must remain active and competitive. Reorganization through bankruptcy proceedings seems to be the fastest method to break the stranglehold of management, board, investors, and union. These parasites must be removed to revive the healthy structures underneath.

Production facilities, sales outlets, products like Corvette, Cadillac and many others have many attractive features. After shedding the parasitic top layers, these companies can achieve lower costs and improved quality and can become world-leading competitors again.

The US cannot afford to let the Big Three fail while the country is experiencing its worst financial crisis in eight decades. Ineptitude and greed of its management, its board, and its union can be excised.

It is unacceptable and insane to let the majority of the company’s employees suffer for the excesses of the few and mighty and draw the country into a deep, long-lasting depression.

In liquidation, foreign companies will buy several of the latest, highly modernized plants for cents on the dollar. Most of the white and blue collar workers will become unemployed. The collapse of the Big Three will be amplified hugely when suppliers, vendors, and the national economy are hit by shrinking sales. Many of these second tier companies have cash cow managements, too, and are bound to fail. An economic disaster like this is senseless. Instead, we must build a strong, productive, national automotive industry again.

For the last several decades, the automotive industry has been under constant attack by foreign competition, by its investors, and by government. The companies lost huge portions of their market share, investors looted cash reserves, and US government felt entitled to tell the automotive industry how to design their cars.

The ill advised meddling of US Government in matters of fuel efficiency and emissions has cost the automotive industry dearly. Huge amounts of research funds were spent in meeting marginally effective government regulations and much needed funds for new product development were redirected.

Congress has not yet understood that engine efficiency has an absolute, insurmountable, upper limit. It is idiotic to crank up mileage limits every few years and to expect that the industry can meet these unrealistic targets. Instead, this country must find the will and the funding to develop two new, desperately needed energy technologies.

We must reduce energy consumption of automobiles by developing advanced gasoline and Diesel engines that can approach energy efficiencies of 45%. Energy efficiency must be determined by measuring the energy input of fuel and comparing it to the power output of the engine at its most prevailing operating condition. This will assure that our inventories of automobiles, trucks, and trains will eventually consume the lowest amount of energy that is scientifically possible.

Most importantly, we must learn to make a petroleum substitute and produce it from renewable biomass. Biomass for renewable fuel production must be grown only on arid, barren, and fallow lands that are preferably located on a belt with maximum sunshine on both sides of the equator. Industrial production techniques can deliver renewable, non-polluting energy for centuries.

Lamborghini Sports Cars – Automotive Legends Both In Styling And Vehicle Performance

For the legendary Lamborghini sports car stable of fantastic ultra high performance and styled vehicles it all started with ordinary Fiat automobiles and tractors.

Mr. Lamborghini fully named Mr. Ferruccio Lamborghini got his start with Fiats and then went on to a large successful manufacturing concern that grew from a small manufacturing shop into a major producer of tractors. However at a certain point in every person’s life they search out to complete what their real passion is. In the case of Lamborghini was finely styled and crafted motor cars. At 60 years of age, an established manufacturer of agricultural tractors Mr. Lamborghini decided that he could a better job of building a high end, beautifully styled, performance racing automobiles than either of the two dominant Italian auto firms of that auto industry sector – Ferrari and Maserati.

The first product out of the door had a chassis that was multi-tubular; the engine was front mounted sporting a 3.5 liter 12 cylinder V-12 engine. The V-12 engine itself was fitted with six Weber carburetors and ran four overhead camshafts. It all clocked at 360 ultra smooth horsepower with the transmission drive being through five speed stick shift. Suspension involved a coil and wishbone independent suspension set up. In one word it was wow both in terms of performance of the hop as well as the automotive styling.

Although the styling of those early Lamborghini models may be considered standard Italian sports car design – designs which have worked their way into the so called standard sport scar designs and sport scar flair”, at the time it was new and innovative and for the most part if was twenty five years ahead of anything produced in the good old U.S.A. . The one American sports car which might be considered an exception to that point was the Chevrolet Corvette. For years to come nothing else really matched or was similar to the clean aerodynamic lines and styling of the early Lamborghini classic autos.

Even then Lamborghini had such innovative products the establishment and reputation of the Lamborghini product line was no easy road to hoe. Although the first cars were produced in 1963 it was not for two years later at the Turin Motor Show that the car began to attract solid interest and for the reputation of the car and its studio to grow and begin to become accepted for what it should be.

The first real product of record for Lamborghini was what was marketed as Miura T 400 model automobile. Its first year of manufacture was the 1966 model year. The basic layout and design of the Miura T 400 was a mid-engined coupe with a slightly larger version of the overhead cam engine the classic V-12 laid out transversely behind the two seats of the car. The rear wheels were then driven by this engine through” spurs gears”. Interestingly the gear boxes and rear axles were Lamborghini products all by themselves so they shared a lineage that was unique and not the same as any other of the competitor’s models.

What was performance of this little cat? The V-12 engine could pour out a total of 385 barrel horsepower. Top speed of this little coupe was over 180 miles per hour. It could more than carry its weight with the local Italian contenders even the famed Ferraris.

If the was one complaint from drivers or riders it was of noise levels in the car’s cockpit. It can be said that this was the price to be paid for success or in this case speed and performance. If you cannot stand the heat don’t stay in the kitchen. Certainly the buyers of Lamborghini fine motor cars who bought the product and established the revered name for its performance and advanced styling and forgo this small shortcoming or foible as the car as an assumed fact even a luxury.

The next model in the Lamborghini stable was introduced approximately two years later. The entire life of the production run of the popular Miura model was nine years with two cars being produced a week ( a production figure of only 100 or so cars a year). The name of this vehicle was the Espada. For the new Lamborghini model, the Espada, Lamborghini went back to a more standard front engine layout. Perhaps this was in response to concerns over noise levels in the cockpit of the Miura and the need to produce a more standard” or civilized vehicle product. No one really knows what went on in the mind of the genius Ferruccio Lamborghini. However what was retained for sure were the Lamborghini basics – the four liter V-12 massive highly tuned engine with whizzy overhead cams and multiple choke carburetors all putting out massive automotive performance and handling.

Routine Car Or Automobile Maintenance The Key To Protecting Against New Car Purchases

You may well depend on your car, truck or S.U.V. for transportation. Most people today need reliable transportation in order to maintain their livelihood or chauffeur their family either for errands or to classes and appointments.

Buying an automotive product is a major ordeal what with selection, car salesman, negotiation tactics, car finance or lease options as well as auto product finance rates either from the dealer or your local financial institution. On top of that most people only buy a new vehicle only when their current one breaks down or is costing them a fortune in repairs. As such they are in a rush in terms of selection for their purchase, their finances may be limited. As a result they are not in the best negotiating position to buy that newer vehicle from a seller whether they are a retail car dealer or private auto seller. If you can prevent or at least prolong that hassle from occurring why not make life easier for yourself.

Some people seem to have no trouble with their cars. Others seem to have a regular, almost predictable battle, with their cars breaking down and needing costly repairs. Why is this so? In some cases it may be plain luck. In other cases it may factors at the assembly line it used to be that it was recommended not to purchase a car that was made on certain days, usually before or after a weekend or major holiday. As a car buyer it was recommended to inspect the sticker on the car door for date of manufacture. Lots of luck. However with quality levels being maintained in a more consistent manner now this does not seem to be such an issue.

The major and overriding reason that some people don’t have a string of car and car repair problems and others do comes down very simply in most cases to basic car maintenance. A car does not just run by itself forever. It needs routine maintenance.

It’s fairly simple. In most cases all you have to do is refer to your owner’s manual for maintained information specific to your car. If your glove box does not contain an owner or owner’s maintenance manual, this information can easily be located either online, or by contacting the car dealer or manufacturer. At the worst you can buy these manuals online on eBay in a cd disc format. Well worth the cost…

Routine automobile eminence includes – regular oil changes, checking your car tire pressures and tire tread wear. From time to time the tires should be rotated as well.

Fluid levels should be checked on an ongoing basis this includes oil, transmission, power steering and brake fluids. Of course windshield washer fluid should be topped up for safety. Radiator coolant levels should be inspected as well. A professional can inspect your hoses, pipes and wiring for wear and tear which necessitates replacement.

Your battery and transmission should be inspected and tested on a regular basis especially if you do winter driving. Finally the car depends on its transmission, which is often the most unappreciated mechanical component of the car. Have a specialized transmission shop inspect and test the transmission on its recommended basis.

In the end it’s all very simple. Car drivers who do not seem to have car trouble” and a string of mechanical failures and expensive repairs are the ones who take the time to conduct routine regular maintenance on their vehicles. Its all in the automobile manufactures manuals- the owner’s manual and service manual. On top of that when you do go shopping for a new car, truck, van or S.U.V. your car will be more desirable as well as worth more cash as a trade in.

Ferrari Import Classics: Ferriana Sports Auto

Intrigued with the notion of a miniature bolide bearing his name, Enzi Ferrari proudly unveiled a diminutive engine late in 1959. The 854, which stood for shorthand the four cylinder 850cc engine. You know this type and line of car well. A replica of the Ferrari 250 line was used in the 1986 film Ferris Bueller’s Day Off” In the movie, the replica Ferrari 250 was the characters Cameron Frye’s dad’s car. Interestingly enough the automotive company that produced the replica 250 sports car , was later sued by Ferrari for the unlawful use of the Ferraro logos . Later forcing the replica company to shut down to avoid further legal action and potential financial judgments against itself So much for copying the rich and famous.

The most famous Ferrari 250 of them all was the 250 GTO. Often called the First Supercar” this led to the radically restyled GTO/64 in 1864 of which only 39 cars were ever built. .

The diminutive 853 went resembled a section of the 250GT’s SOHC V-12 engine right down to the characteristic black crinkle paint on its tiny valve cover.

After several false starts, a prototipo appeared at the prestigious 1961 Turin Automobile show. Called the Mille (for 1000), the petite fastback’s lines were drawn by the then rising Bertone star Giorgetto Giugiaro. No Ferrari badges were evident, but cognoscenti knew Maranello was responsible for the twin Weber, 96 barrel horse power (bhp) one liter engine. The tubular chassis (a miniature Ferrari knockoff) was designed by Giotto Bizzarini himself.

Ferrari himself had no plans to finance the venture. Driving a proptype around enthusiastically, the old man” sought other partners for that purpose. His well known legendary showmanship worked. Exactly one year later, the little car reappeared at Turin, now badged as a Ferrari ASA 1000GT, sponsored by a trio of well known racing drives ingegnere Bizzarini and a corporate sponsor.

Yet again after several more false starts, production models finally bowed in 1964. Luckily for American motor vehicle enthusiasts and consumes most of these special little sports cars were destined for the U.S. sports automotive markets. The American Ferrari distributor of the time, Luigi Chinetti offered the little berlinetta at a price of $ 6200. Perhaps at this price point the sports car was unrealistically priced since a contemporary Chevrolet 427 Corvette sold in the region of $ 4500.

Despite an ambitious, Targa Flora racing effort and an overbored alloy Competizione version, called the Berlinetta 411, sales faltered. Prices were drastically reduced to clear the remaining orphans”. Perhaps fifty to seventy-five ASA 1000GTs, including a few fiberglass-bodied convertibles was built in total. Of this amount thirty two found American homes and registration. The whole venture folded ingnomiously by the year of 1967.

Driven around today in 2008, the midget has a distinctive raspy bark”. Due to the tubular , independent front suspension and full four wheel disc brakes handling of these now classic Ferrari sports cars has been always been much more than would be considered decent and acceptable for a car of its time and sports motor car vintage and pedigree.