AD #2298 – Geely Now Daimler’s Largest Shareholder, Nissan Introduces New SUV, FCA’s Ralph Gilles a Hero

February 26th, 2018 at 11:35am

Runtime: 8:01

0:31 Geely Now Daimler’s Largest Shareholder
1:08 Geely Facing Pushback from Daimler Stake
1:45 Daimler Suspected of Using Defeat Devices
2:58 Volvo Creates New Luxury Brand
3:35 Nissan Introduces New SUV
3:56 FCA’s Ralph Gilles a Hero
5:15 Why the Leaf’s Styling Is More Mainstream

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18 Comments to “AD #2298 – Geely Now Daimler’s Largest Shareholder, Nissan Introduces New SUV, FCA’s Ralph Gilles a Hero”

  1. Barry Rector Says:

    With the Chinese making all these investments auto manufacturers, where do you think all this is going? Are they wanting world domination of the Chinese auto industry and how worried should the be with this?

  2. Sean McElroy Says:

    @Barry – I wouldn’t say world domination, but the Chinese do want to establish themselves in major markets, like the U.S. and Europe and I think it all has to do with profits. In China, profits are split among the companies that form a joint venture. You don’t have to do that in other major markets. And as a viewer of this show, you know that automakers can make boat loads of profit on trucks, luxury vehicles and SUVs. That’s why the Chinese are so eager to enter other markets.

  3. buzzerd Says:

    German auto manufactures seem to be like Russian athletes, they just have to cheat.

  4. Lex Says:

    Ralph Gilles is a smart guy with fast reflexes and can think clearly under pressure. I hope to see him one day as the President of FCA or any other Automotive OEM.

    This builds my confidence in the fact that the Jeep Brand can handle just about anything.
    Great Job Mr. Ralph Gilles!

  5. Lex Says:

    Who are the Stock Portfolio managers over at Daimler? These guys must be sleeping at the wheel.

    This is an example of how global competitors will use our own systems whether they are financial or legal to gain access and increase their sphere of influence throughout the world.

  6. omegatalon Says:

    Li Shufu can take Daimler to court and force his way to the company’s Board of Directors especially as he continues to buy more of the company.

  7. Lambo2015 Says:

    I always considered Volvo to be a luxury brand. So differentiating them from Polestar will be like Chevy vs Buick IMO. Oh and Polestar doesn’t convey luxury to me.

    The Leaf did need restyled as pretty much all EV cars and most hubrid cars do. This is where manufacturers could learn something from Tesla. Why does electric and ugly (unique in their terms) have to go together? Just design a good looking car and offer huge EV decals and emblems for those self righteous folks that feel the need to let everyone know they are driving a EV. But they would probably sell more cars if they would design something appealing.

  8. cwolf Says:

    Quick thinking on Mr. Gilles part, but I’m not sure if he himself could have caught his Wrangler on fire and not because of the Fiesta in flames.
    If his Wrangler is a new model and has the battery under the seat, it uses 1234yf refrigerant in the air conditioner. 1234yf is made of flammable butane and isobutane. If he cracked the charging port or refrigerant line while pushing the car out of the way, the fire could have ignited the butane. Things aren’t so simple any more!

  9. Wim van Acker Says:

    @5: anybody can buy stocks of a stock listed company like Daimler, and company employees cannot forbid any investor to invest. So there is no “Daimler Portfolio Manager” to be blamed.

  10. Kit Gerhart Says:

    To me, Polestar doesn’t mean “luxury” at all. It means “performance.” The only Polestar product I have knowingly seen is the V60 wagon, which is Volvo’s version of an AMG or BMW ‘M’ product. It sounds like they plan to completely re-invent the Polestar “brand.”

    I saw a Chevy Bolt “in person” for the first time a few days ago, and to me, it looks pretty much like another small crossover. Yeah, the outgoing Leaf looks kind of odd, but, to me, not ugly like an Aztec.

  11. Kit Gerhart Says:

    8 I suspect Gilles was prepared to make a quick exit from his Wrangler, given that he was pushing a burning car. Even without releasing flammable stuff from his car, things could get very exciting very quickly, regarding his own safety.

  12. Bob Harlow Says:

    First the partnerships supply Chinese companies with capital and quality control processes. Next these companies are in a position to compete on the world market against these same companies. An onslaught of Chinese companies are expected to hit the world markets in the 2020 time frame. And the Chinese Communist party will obviously give preference to their own brands.

  13. Lambo2015 Says:

    #12 BINGO! Bob exactly what I been saying. These partnerships will provide short term returns at a huge cost in the long term. So automakers can jump in on the growing market they’ll sell their soul and in a couple years wonder why they lost majority sales to Chinese cars that are about to do what the Japanese did to the US market in the 80s and what the Koreans are doing currently and when Ford and GM are left with 10% of US sales they’ll scratch their head and wonder why and beg the UAW to lower wages to compete with the Chinese. Basically the US auto worker will have to work for minimum wage. Tariffs are about the only thing that may protect that from happening.

  14. Lambo2015 Says:

    #10 Kit; Yeah the Polestar name does sound more like a Chrysler sports division. Like Pole-position meshed with Pentastar.
    Guess having an Volvo R series racing or L for luxury would not provide enough separation.
    Also a Volvo “L” sounds too close to Volvulus which is a painful twist in the intestinal track. So I guess a new name is best. But when most models start in the 40′s up to 60 So the luxury brand cars will start mid 80s? I wonder if they are targeting more the likes of Bentley.

  15. Kit Gerhart Says:

    The current Polestar V60 and S60 have one of the most boosted 2.0 liter fours out there, 362 hp. Somehow, using the same name for luxury EV’s seems odd. We’ll see how that goes.

  16. lambo2015 Says:

    #15 Kit do you know how much boost they’re putting in those engines? I think most production cars are below 14PSI but race cars often run 50-60 and top fuel engines are around 80PSI and then Diesels used in tractor pulling can go as high as 250psi but none of those engines usually last very long.

  17. Kit Gerhart Says:

    #16 It’s 42.7 psi, according to Wards. That’s a lot, for a street engine running on pump gas. I suspect it REALLY NEEDS PREMIUM, and the highest octane you can find.

  18. BobD Says:

    #9- There are restrictions on buying large amounts of share of US companies. The SEC enforces this. It is more about disclosures, but it does give companies the ability to react to hostile takeovers. I don’t know if Germany has similar restrictions.