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An Auto Deal Made in EV Heaven
WSJ ^ | 28 May 2019 | Holman Jenkins

Posted on 05/29/2019 7:50:34 AM PDT by DUMBGRUNT

The regulators who gave us Europe’s ‘clean diesel’ debacle are back for more

..latest megadeal: “Renault promised a fleet of electrified cars, and Fiat Chrysler access to the U.S. market.”

...Renault will receive a chance to be part of Chrysler’s profitable U.S. business, Chrysler will receive an opportunity to be part of Renault’s unprofitable EV business.

...Two consultancies between whom no love is lost agree on one thing: Giant EV losses are looming for the global auto industry.

—passenger cars just aren’t that big a part of the alleged problem. To make any dent at all, the electricity they run on can’t be from burning coal.

...It only offends against the principle of tact to say that Renault’s appeal is to defray Fiat Chrysler’s cost of meeting EV mandates that will have no impact on an alleged climate problem.

...Despite the urgent pretense otherwise, Europe’s politicians were not innocent victims but coconspirators in peddling the “clean diesel” fraud to the world’s voters and car buyers just a decade ago. What shell game they concoct to soak up money-losing EVs and keep their auto industries afloat through the next disaster remains to be seen.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy
KEYWORDS: ev
Get your writ of indulgences HERE!

Such a deal... We buy, we trade, we sell...

Get them here!

1 posted on 05/29/2019 7:50:34 AM PDT by DUMBGRUNT
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To: DUMBGRUNT

Sears & K-Mart part Deaux...................


2 posted on 05/29/2019 7:51:58 AM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

From the WSJ comments:

Many (including secured creditors) are still waiting for Fiat to contribute all the small car technology to Chrysler with which to manufacture those vehicles in the United States. Obama, Rattner, Bloom???? Any estimate of when that will happen??? That’s why these three “gave” Chrysler to Fiat years ago.....


3 posted on 05/29/2019 7:54:56 AM PDT by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message.)
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To: DUMBGRUNT

As far as the USA goes, all these car makers are the Crap of the Crop. Each and every one epitomizes the worst the auto industry has to offer. Only Mitsubishi could make this list complete.


4 posted on 05/29/2019 8:06:02 AM PDT by ImJustAnotherOkie (All I know is The I read in the papers.)
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To: DUMBGRUNT

Chrysler’s currenty smaller cars are uncomfortable. I have rented a Sebring, a 200, and a Dodge Avenger. All forced legs in ridiculous positions. The rental Corolla was more comfortable. Of course none came close to my Buick Roadmaster station wagon.


5 posted on 05/29/2019 8:07:00 AM PDT by Dr. Sivana (There is no salvation in politics.)
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To: Dr. Sivana

You realize none of the vehicles you named are remotely current models?


6 posted on 05/29/2019 8:23:40 AM PDT by jjotto (Next week, BOOM!, for sure!)
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To: DUMBGRUNT

Two forces will doom EVs. Gas prices have plummeted and will likely stay that way for at least a few more years.

Second, gas engines are getting much more efficient. A four cylinder turbo can produce power similar to many V8 muscle cars of the 60s-70s.

EVs, for the most part, are actually coal-fired cars, which the tree huggers refuse to believe. Convenient and plentiful charging stations are still years away.


7 posted on 05/29/2019 8:59:13 AM PDT by Chauncey Gardiner
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To: Dr. Sivana

Those are essentially all the same car. And they were crap, IMO. I got an Avenger rental while my Accord was in the body shop. Boy was I ever happy to get back to my own car.

I had a rental Corolla in California in 2017. Can’t say I cared for it too much, either. But better than the Avenger.


8 posted on 05/29/2019 9:11:00 AM PDT by -YYZ- (Strong like bull, smart like tractor.)
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To: ImJustAnotherOkie

Renault is also partners with Mitsubishi.


9 posted on 05/29/2019 9:20:56 AM PDT by jjotto (Next week, BOOM!, for sure!)
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To: Chauncey Gardiner

Gas prices have plummeted and will likely stay that way for at least a few more years.

With that bit of knowledge, you could make a bundle over in the futures market/ or maybe not? Go long!
That said, I do hope you are correct.

Second, gas engines are getting much more efficient.

Past performance is no guarantee of future results.

As maximum efficiency is approached, the gains become more costly.
Yes, there is more to squeeze out but at a slower pace and higher price, and start drilling everything to save weight.
And then we have the Atkinson cycle of Prius fame.
NOT the good old Otto cycle blasting out the ponies.
Yes, Toyota has a combo engine too...

And don’t forget the diesel, twice the efficiency of gasoline, but something went wrong there...Damn nazis!

We are early in battery development and late into ICE.
Still should be some low hanging fruit in the battery business. ICE???

Electric motor vs ICE?
Motor one moving part, and it simply goes round and round
ICE, lots of fun parts doing interesting cycles.
Just consider the poor unfortunate piston?
Going from a dead stop(TDC) to ~60 mph midway, back to a dead stop (BDC), per stroke and you get TWO STROKES PER REV!! and that is a very quick zero to 60!
Yes, depends on stroke and R’s.


10 posted on 05/29/2019 10:12:38 AM PDT by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message.)
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To: jjotto
You realize none of the vehicles you named are remotely current models?

No, but they were rented over a period of 10 years, I can make it 27 years if I throw in a used Laser I rented from Ugly Duckling in the early 90s.

If they haven't fixed such a basic problem, and one that should be the least of worries for an AMERICAN car manufacturer (Fiat/Daimler ownership notwithstanding), it leaves me cold. REAL A-Body Darts were small (for the era, but roomy and comfortable for basic transportation.) I will admit that the original Dodge Viper was surprisingly comfortable.
11 posted on 05/29/2019 10:47:21 AM PDT by Dr. Sivana (There is no salvation in politics.)
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To: jjotto

There you go, all is complete.


12 posted on 05/29/2019 10:55:13 AM PDT by ImJustAnotherOkie (All I know is The I read in the papers.)
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To: -YYZ-

#8 One storm away leaving a town full of people stranded as no electric power available.

This is far worse then taking away lanes of roads which have already killed people in brush fires.


13 posted on 05/29/2019 11:07:51 AM PDT by minnesota_bound
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