Until cars drive themselves and we absolutely can't get lost, automakers and sat nav companies are steadily enhancing the graphics of navigation systems to make it easier to find the next right turn. Navigation systems in Renaults, for instance, provide a graphic representation of buildings that you'll see as you drive along, and now Microsoft, working with researchers at the University of Konstanz in Germany, have added video to navigational maps.
The project took the snapshots of cities collected by mapping companies (like Google Streetview does) and 'plays' them like video at important sections of the route. The text route and route overview are still provided, the video simply aids in noting or remembering where you need to remember a crucial direction.
You can watch the video before you actually get in your car so that, like cheating for an exam, you'll visually recognize the turn or a landmark when the time comes. The photographs are also skewed as necessary to create the right perspective, and when you get to a turn, the video will look in the proper direction beforehand so that you can note specific features. It's currently still in trial phase, but during the first study it improved people's ability to follow direction by 20 percent. Follow the jump to watch the video, and here's to no more getting lost. Soon.
When GM decided to hand 55% of Opel to Magna, you didn't think the Belgians were just going to have some waffles and call it quits, did you? Oh no. Belgium's prime minister made a call to the EU president about the deal, and the EU Competition Commissioner Neelie Kroes told a Belgian newspaper, "If something happens against the rules, I will take action."
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Finally, after what seems like an eternity of protracted negotiations, bickering and stalling tactics, General Motors has agreed to sell a majority stake in its European operations to Magna International and its Russian financial partner Sberbank. Under the terms of the deal, 55% of Opel and Vauxhall will be owned by MagnaSberbank; The General will hold on to a 35% stake and employees of the two companies will hold the final 10 percent.
Naturally, the European automakers will continue to offer the recently redesigned Astra and Insignia, and future technologies – such as the extended-range electric powertrain that will be used in the upcoming Ampera – will be shared between the U.S. and European companies.
According to Automotive News, there are still strings attached to the deal and the German government doesn't expect anything to be completely finalized until after the next set of elections scheduled to take place in Germany on September 27, so the saga is likely to continue. Click past the break for the official statement from GM.
The battle for Opel has added another front: Opel labor unions at two of the company's German factories retracted an agreement made last year to forgo vacation bonuses. The move demands that General Motors pay the laborers €70 million ($100.2M U.S.) by next week, the amount that they agreed to give up when GM was trying to rescue itself. Workers at two other Opel factories in Germany are expected to make the same move some time this week. The workers want GM to sell to Magna, and if The General doesn't make its intentions plain soon, the next step will be for Opel labor to demand the wage hike they waived last year, which would see the automaker owe another several hundred million euros.
According to Automotive News, GM's board met to discuss which bidder, Magna or RHJ, it would go with, but instead of making a decision it sent its lead negotiator back to Germany to talk to government officials. As of last week, there were rumors of GM wanting a buyback option for Opel, which could get GM quickly back into Europe when the company restores its fortunes. The option seemed to make RHJ the leading bidder, but not the one German government or labor wants.
If RHJ wins, it will get no state aid. If Magna wins, it has been pledged €4.5B ($6.4B U.S.) in government loans. The disadvantage could cause RHJ to deal with Opel drastically, which would greatly displease a whole lot of Germans. Perhaps that is why there is now talk of GM not selling Opel at all, instead looking to raise $4.3 billion to keep Opel in the family. With GM barely out of bankruptcy, and with economies still shaky, observers aren't sure where GM would get that kind of money. It is thought that GM will announce its intentions in the next day or so.
General Motors was meant to decide who would be the winning bidder for Opel last Friday. But it didn't. Instead, GM asked the German government for more information on federal financial assistance available to buyers. The German government would like Magna to take over Opel as it vowed to retain a huge chunk of jobs in Germany, but GM has given every indication of preferring Belgian investment fund RHJ.
GM wants to know how much money RHJ would get in case it was chosen to buy Opel. It looks like GM still has issues with Magna buying Opel and is looking for a way to choose RHJ and save at least a little face with the German government. If RHJ can get an attractive financial package from the feds, it can also save more jobs than it might be inclined to otherwise, and GM doesn't have to worry about Russian competitors using its own technology.
The German government wants none of it, though. It has called on the United States government to get GM to make a decision. That isn't likely to happen, but it shows how intense things are with Opel, politicians, labor and upcoming elections. On a side note, the BBC reported that part of GM's plan could include a buy-back option for Opel, which, if true, would probably make a lot more sense for RHJ than Magna.
Opel, General Motors' Deutsch subsidiary, may have hit a snag in its bid for government assistance from the German government. According to Automotive News, Finance Minister Peer Steinbrueck says of the proposal as it currently stands: "is not a workable basis for a decision." Steinbrueck said that Germany is willing to offer assistance to its domestic automakers, "But we can't make decisions that are irresponsible on a completely inadequate basis."
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Countries looking to shore up their lagging auto sales now have a shining example to follow in Germany, Europe's largest market for new car sales. In February, sales rose by 21%, which is an astounding figure when you look at the results for the same period in other countries, including the United States, as the weak global economy puts a stranglehold on consumer pocketbooks. What's the secret? Germany has recently instituted a new set of incentives that pays motorists €2,500 to scrap their old car in exchange for a new, more fuel efficient model. Domestic manufacturers reaped the largest rewards, posting a 63% gain in February orders. Could such a system work in the United States? It's possible, but the costs of such a stimulus would be huge and there are a number of organizations vehemently opposed to the idea that it's a good practice to remove older machines from the roadways. Still, it's a thought that could gain traction based on the success that Germany has achieved.
French youth like to burn cars on New Year's - and they don't mind lighting a few the rest of the year, either. German youths apparently really get their "arson on" when the economy takes a dip, as it happens to be doing right now. According to Bloomberg, at least 29 luxury vehicles have gone up in flames in Berlin so far this year, instigated by "'youths across Europe who 'perceive their future as rather precarious'." The torchings in Berlin have been centered on the nicer, gentrified areas of town like Prenzlauer Berg, where some residents feel they are being squeezed out to make room for the moneyed. There is even a group called BMW that is claiming responsibility for some of the fires, but this time the acronym stands for the Movement for Militant Resistance (auf Deutsch, naturlich).
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The Tire Technology of the Year award, handed out at the Tire Technology Expo in Hamburg, Germany, has been awarded to the creators of the Self-Inflating Tire at Coda Development. While "self-inflating" tires aren't new to the market (especially in the commercial industry), nearly all of the existing systems utilize compressed air to inflate or maintain tire pressure. This requires a compressor or reservoir tank to feed air to the tires. Coda's "SIT" system uses a peristaltic pump built directly into the tire that uses the spinning wheel to force air through a liquid-filled tube to maintain pressure at a set level. Designed to aid fuel economy and improve safety, the SIT system claims to maintain a constant inflation pressure over the lifetime of the tire. Simple, lightweight, inexpensive, and not requiring any power source, we liked the idea last year. Twelve months later, and now with an award under its belt, we think it's time to get the SIT system rolling.
In light of the automaker benefits and car buyer assistance in the recently-passed stimulus package, analysts at R. L. Polk & Co. estimate there will be an average rebate of $330 for every vehicle sold this year. By allowing buyers to deduct the sales tax from a new vehicle purchase from their income taxes, Polks sees a sales increase of 94,000 units this year. By contrast, the rebate provision in the original stimulus bill allowed buyers to deduct the interest on their car loans from their income taxes, in addition to the sales tax. Polk predicted the average rebate in that case would have been $1,250, and the U.S. light vehicle unit sales would increase by 359,000 units this year. That would still only be a tiny bump in national volume when compared to Hyundai's gains due to its Hyundai Assurance Program: the Korean marque saw January sales rise by 14%, compared to a 37% drop suffered by the industry overall. And commenting on Germany's €2,500 rebate for people buying new cars, Polk figured the country could see 200,000 more cars sold this year, with smaller cars taking up much of that volume.
