Smart Growth America reviews the state of stimulus spending on transportation 120 days since rollout

June 30, 2009 at 12:27 am

(Source: Streetsblog, WATodau.au.com, Smart Growth America)

Image Courtesy: Smart Growth America

Within the $787 billion stimulus bill that became law in February, Congress provided states and Metropolitan Planning Organizations (MPOs) with $26.6 billion in flexible funds for transportation projects. Today marks 120 days from the apportionment of the funds to the states.

Smart Growth America released a report today examining how well states have been spending these billions. As they say on the Smart Growth America blog today, not only did the money arrive in a time of economic recession, but “at a time of embarrassingly large backlogs of road and bridge repairs, inadequate and underfunded public transportation systems, and too-few convenient, affordable transportation options.”

So after 120 days, how have states done in addressing these pressing needs and investing in progress for their communities?

After analyzing project descriptions provided by states and MPOs, Smart Growth America found forward looking states and communities that used the stimulus money as flexibly as possible, repairing roads and bridges and making the kinds of smart, 21st century transportation investments that their communities need to support strong economic growth.

While some states proved excellent at investing wisely and making progress, most states failed to fulfill pressing transportation needs. Nearly one-third of the money, $6.6 billion, went towards building new road capacity. Only 2.8% was spent on public transportation, and 0.9% percent on non-motorized projects.

The Secretary of Transportation, Ray Lahood, in his daily blog noted that ARRA is working successfully across America. Some folks in the transportation community are not totally happy about how the money had been spent. Streetsblog points out that $6.6B in Stimulus Cash is spent on New Roads, Not Repair. It says:

Distressingly — but unsurprisingly — quite a lot is going to new roads rather than repair of existing ones. Of the $26.6 billion sent to states under a flexible transportation mandate, SGA found that $6.6 billion has gone towards building new highway capacity.

Only $185 million of the flexible stimulus aid has been used on transit and non-motorized transportation, which was given about $8 billionin separate funding as well.

One culprit behind this questionable use of taxpayer money, as SGA reports, is a theme at risk of repeating itself during the upcoming debate over broad transportation reform: the lack of accountability.

Most states and localities reported the projects they selected for stimulus aid only after the fact, allowing a privately run website to monitor the process much faster than the Obama administration.

But inconsistent reporting is just the beginning of the problem, as SGA points out in its report:

Most states failed to educate, engage, and seek input from the public before making decisions. … There is not a clear articulation of what project portfolios should accomplish, no methods identified for evaluating projects against these goals or against one another, and few repercussions for achieving or failing to achieve these goals.

SGA mined the stimulus itself, as well as comments by administration officials, to produce a list of nine goals that can be used to evaluate its transportation spending. But the lack of tangible consequences for not meeting those goals has left states free to spend at will, often focusing more on the report’s No. 1 objective (“create and save jobs”) than Nos. 5 (“improve public transportation”), 7 (“cut greenhouse gas emissions”), and 8 (“not contribute to additional sprawl”).

Interestingly enough, Senior White House adviser David Axelrod says the economic stimulus package has not yet “broken the back of the recession” but set aside calls for a second massive spending bill. Republicans, meanwhile, have called the spending under way a failure.

Some economists and business leaders have called for a second spending bill designed to help guide the economy through a downturn that has left millions without jobs. Axelrod said it’s too early to know if more spending would be needed or if the administration would seek more money from Congress.

“Most of the stimulus money – the economic recovery money – is yet to be spent. Let’s see what impact that has,” Axelrod said. “I’m not going to make any judgment as to whether we need more. We have confidence that the things we’re doing are going to help, but we’ve said repeatedly, it’s going to take time, and it will take time. It took years to get into the mess we’re in. It’s not going to take months to get out of it.”

Click here to download Smart Growth for America’s report:  The States and the Stimulus – Are they using it to create jobs and 21st century transportation?

Scoopful of GM and Chrysler News – May 12, 2009

May 12, 2009 at 7:03 pm

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Secretary. Ray LaHood takes exception to AP report on road stimulus job locations

May 12, 2009 at 6:16 pm

(Source: TheTrucker.com & AP)

Secretary of Transportation Ray LaHood took exception to an Associated Press articlethat reported that counties suffering the most from job losses stand to receive the least help from President Barack Obama’s plan to spend billions of stimulus dollars on roads and bridges, an Associated Press analysis has found.  Although the intent of the money is to put people back to work, AP’s review of more than 5,500 planned transportation projects nationwide reveals that states are planning to spend the stimulus in communities where jobless rates are already lower.

Image Courtesy: AP - U.S. map shows amount of stimulus funds announced for transportation, by county

Altogether, the government is set to spend 50 percent more per person in areas with the lowest unemployment than it will in communities with the highest.

The AP reviewed $18.9 billion in projects, the most complete picture available of where states plan to spend the first wave of highway money. The projects account for about half of the $38 billion set aside for states and local governments to spend on roads, bridges and infrastructure in the stimulus plan.

The very promise that Obama made, to spend money quickly and create jobs, is locking out many struggling communities needing those jobs.

The money goes to projects ready to start. But many struggling communities don’t have projects waiting on a shelf. They couldn’t afford the millions of dollars for preparation and plans that often is required.

Yesterday, the Secretary registered his disagreement with AP’s reporting via his blog. “I was disappointed to read today that the Associated Press does not believe that the Recovery Act is doing a good job creating work for Americans who are unemployed. Nothing could be further from the truth,” LaHood wrote in his blog on the DOT’s Web site.

“At the DOT, we have $48 billion to rebuild roads, bridges, highways, airport runways, ports and transit projects,” LaHood wrote. “And we have already signed off on transportation projects in all 50 states. Just 12 weeks after President Obama signed the American Recovery and Reinvestment Act into law, we have approved 2,800 road projects and another 300 airport projects.”

LaHood said that amounted to over $10 billion “out the door and countless Americans going back to work.”

By this summer, LaHood wrote, Americans won’t be able to drive down the street without seeing people working at good-paying jobs.

He attributed those jobs to the Recovery Act money.

“Unfortunately, the AP’s analysis is misguided,” LaHood said. “Its reporters looked at 5,500 transportation projects from state lists and concluded that the transportation money is going to counties with low unemployment. But until the states make a request and the experts at the DOT certify that a project meets the criteria for Recovery dollars, those lists are not the final word.

 “Basically, their (the Associated Press’) work amounts to nothing more than an academic exercise.”

For people who are out of work and at risk of losing their jobs, this construction work is a godsend, LaHood said he believed.

“Sadly, unemployed workers can be found all over our nation in these difficult economic times — even in counties that don’t have the highest unemployment rates,” the secretary wrote

“Governmental boundaries are often arbitrary, and workers know that,” LaHood noted. “People who work construction jobs often drive to wherever they can find work in a metropolitan area or region. Our idea is to drive down unemployment, period.”

LaHood said he told Brett Blackledge, the Associated Press writer who authored the story, about a recent trip he took to New Hampshire for a groundbreaking on highway 101.

“I shook hands with men and women who are going back to work thanks to the Recovery Act,” LaHood said. ”One man told me that he drives all over New England for construction jobs. Another said he is the father of four children and was unemployed until this project began. Now that he has this job, he will be commuting from Wolfeboro.

“Unfortunately, Brett didn’t think it was worth quoting me when I told him that the point of the program is to put people to work. And that’s something I’m proud of.”

Scoopful of GM and Chrysler News – May 11, 2009

May 11, 2009 at 4:24 pm

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Scoopful of GM and Chrysler News – May 8, 2009

May 8, 2009 at 3:55 pm

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Greenlings: Can we build a better battery with lithium?Chrysler ENVI battery packsGallery: Tesla smart mule and batteryContinue reading Greenlings: Can we build a better battery with lithium?Filed under: Emerging Technologies, Etc., EV/Plug-in, Hybrid, GreenlingsGreenlings: Can we build a better battery with lithium? originally appeared on AutoblogGreen on Thu, 07 May 2009 19:52:00 EST. Please see …

Nissan skipping SEMA this year, Mazda limiting presence…out on Chrysler, and Honda is currently evaluating their presence, although it may be reduced compared to previous years. No matter what automakers pull-out of this year’s show, expect less products on tables, fewer vendors on the floor and even fewer attendees as the aftermarket continues to struggle to keep its head above water.Gallery: SEMA 2…

Misery loves company: Throwing our wig into the ring at Reno-Fernley LeMons…onto any Chrysler product “competing” in Reno to honor the automaker’s latest union.Registration ended on March 14, so those of you who missed the deadline narrowly avoiding our cold steel scythe of justice. But if you want to come out and enjoy the madness, spectator tickets are available for either a single day or the entire wretched weekend. …

The 2011 Jeep Phoenix… why not?…gallery With Chrysler‘s proposed alliance with Fiat all but a done deal, people have begun turning their attention towards the Italian automaker’s vehicle line up and creating a wish list of which ones they’d like to see for sale over here in the U.S. Thing is, those people should keep in mind that any Fiat making the long trek overseas may not …

Chrysler Plan’s Foes Step BackA group of Chrysler lenders who opposed the government’s restructuring plan for the auto maker is disbanding after two of its five members backed out.

Scoopful of GM and Chrysler News – May 7, 2009

May 7, 2009 at 5:55 pm

Booo! GM also canceling Cobalt SS Sedan for 2010GM also canceling Cobalt SS Sedan for 2010 originally appeared on Autoblog on Thu, 07 May 2009 16:00:00 EST. Please see our terms for use of feeds.

Save the Cheerleader? GM creates Hero Edition Corvette ZR1 to benefit Kids Wish NetworkGM‘s team of Corvette designers and engineers equipped this particular ‘Vette with a bespoke graphics package with red accents in lieu of the normal blue. Other special bits include “additional carbon fiber components,” though we’re left wondering what those composite pieces may be.You can’t actually go to your nearest Chevy dealership and order…

Image: ToolPool.com

Special “Hero Edition” Corvette ZR1 [Corvette Zr1]“Hero Edition” Corvette ZR1: Finally, a special edition we can get behind. [CorvetteBlogger]

GM Kills Chevy Impala SS… Again [Carpocalypse]…analysis of GM ordering guides by forum fan-boys at GMInsideNews, GM‘s killed both the Chevy Impala SS and Chevy Cobalt SS sedan for 2010. You’ll still be able to get a Cobalt SS as a coupe, but the Impala SS is dead… for the second time. When GM said they were putting their performance divisions on indefinite hold we knew to expect no new per…

GM, University of Michigan announce new Automotive Research Institute…Michigan and GM are already partners in the Advanced Battery Coalition for Drivetrains (ABCD) and in helping to teach students to become alternative powertrain engineers. Today, GM and the school announced a new institute called the GM/U-M Institute of Automotive Research and Education that will focus on “reinventing the automobile and developin…

GM posts $6B loss in Q1, burns through $10BGM, Earnings/FinancialsGeneral Motors reported its first quarter earnings today, and the beleaguered U.S. automaker posted a $6 billion net loss compared to a net loss of $3.3 billion one year ago. At the same time, GM burned through $10.2 billion in cash during Q1, though still has $11.6 billion in cash reserves on hand thanks in large part to …

Royal College of Art students imagine mobility in 2050, see vehicles powered by waterfalls…months with GM Europe to “gain valuable work experience and insight through hands-on experience with future technologies such as electric vehicles.” One of the more dreamy ideas from an RCA student was for “eco-touring machines powered by waterfalls.” It’s a safe bet this means hydropower, but I can’t shake the feeling that unicorns should be in…

RIP: Chevy Impala SS, again…line for GM‘s 5.3L V8 engine in the midsize front-wheel drive Chevy sedan. That means the biggest available engine will be the 3.9L LGD pushrod 60-degree V6.We’ve long questioned whether the current W-body Impala does justice to the memory of Super Sports of yore, despite the presence of the V8 engine. Regardless, we’d prefer to keep the 303-hor…

GM Hosting Fleet Buyers At Pricey Spa, USA Today Waves Populist Banner [Carpocalypse]…outrage over GM hosting 500 fleet buyers at a luxury-spa-resort. The difference between banks-funded-by-the-government and automakers-funded-by-the-goverment? Automakers invite potential car buyers to resorts. Banks send themselves to resorts. [USAToday]

Fesler-Moss Builds A Corvette ZR1-Powered Camaro SS [Tuner Cars]…of GM Performance fame) teamed up to create this custom limited edition 2010 Camaro SS for the mesh-wife-beater-wearing, previously-Monte-Carlo-Dale-Earnhardt-Intimidator-Edition-driving, family-franchise-starting crowd. They’ll build your Camaro with a custom body kit with molded rear lip spoiler (how they do that is anybody’s guess) and any LS…

GM’s Renaissance Center HQ: View From The Top [Carpocalypse]…these days GM‘s Detroit Renaissance Center HQ’s a tough place to work. But the view sure is killer. Let’s take a look. This city-within-a-city was actually commissioned by Henry Ford II as the world’s largest private development at the time. As you can see from the promotional video to the left, the John Portman-designed complex began construc…

Vauxhall going after city car market with Trixx EV?GM, Opel, VauxhallWay back in 2004, GM‘s European arm put a toe in the water of the rapidly expanding city-car market with its Opel Trixx concept. A few years later, GM‘s Carl-Peter Forster indicated that the automaker would not be entering that microcar market after all. Fast forward another couple of years and (surprise!) it looks as if GM may…

GM And University of Michigan Form GM/U-M Institute Of Automotive Research And Education; Focus On Fuel-Efficiency And Reinvention Of The Automobile…formed the GM/U-M Institute of Automotive Research and Education, with a strategic focus on reinventing the automobile and developing the next generation of high-efficiency vehicles powered by diverse energy sources. The Institute, which builds on more than 50 years of collaboration between the organizations, supplements GM’s ongoing research a…

GM Posts First-Quarter Net Loss Of $5.9 Billion [Carpocalypse]GM posts first-quarter net loss of $5.9 billion, revenue drops 47% to $22.4 billion. [Freep]

The 2011 Jeep Phoenix… why not?…gallery With Chrysler‘s proposed alliance with Fiat all but a done deal, people have begun turning their attention towards the Italian automaker’s vehicle line up and creating a wish list of which ones they’d like to see for sale over here in the U.S. Thing is, those people should keep in mind that any Fiat making the long trek overseas may not …

Look Who’s Talking: Automakers rated based on web conversation volumeChrysler, LLC., Ford Justin Graves, the CEO of Infegy, which developed and offers a powerful research application for tracking online buzz, is a big Autoblog fan, particularly of our By the Numbers posts that detail sales figures for the entire U.S. auto industry. Graves makes his own monthly list of the Top 50 Social Brands, which ranks them ac…

Fiat CEO Sergio Marchionne To Take Over As CEO Of Chrysler [Carpocalypse]…will assume Chrysler‘s CEO title upon exit from bankruptcy. [Detroit News]

BREAKING: Marchionne confirmed as post-bankruptcy Chrysler CEOChrysler, LLC., FIATAfter weeks of speculation, Fiat confirmed today that its CEO, Sergio Marchionne, will assume the same role with Chrysler once it exits bankruptcy. According to statements from the Obama administration, Chrysler could emerge from “surgical bankruptcy” in as little as 30 to 60 days, after which Chrysler‘s current chief executi…

The Chrysler-Kia alliance that never wasChrysler, LLC., GM, Hyundai, Kia, FIAT, RumormillChrysler has been trying to shack up with another automaker for quite a while now, and the trail of relationships that never got off the ground reads like a middle school diary. While Chrysler‘s deal with Fiat has all but gotten 500s rolling out of plants on this continent, a deal with Kia had bee…

Chrysler bankruptcy: what happens with the electric car plans? to A123 Systems?…about what Chrysler‘s bankruptcy and partnership with Fiat might mean for cars like the Circuit EV and companies like A123 Systems, which is slated to supply batteries for Chrysler‘s electric vehicle lineup.Reuters says that “the sum of Fiat and Chrysler‘s parts does not amount to the kind of electric vehicle powerhouse that Renault and Nissan a…

Pew Research Center survey shows Americans’ undying love affair with cars; ranks cars above all else among list of necessities; but cutting back on driving

May 7, 2009 at 12:10 am

(Source: TOLLROADSnews)

Americans are driving less because of the recession but a survey by the Pew Research Center show they still rank a car as the number one necessity of modern life.  Driving less and eliminating “unnecessary” car trips has been one of the leading ways people say they save money, according to the poll (see bottom of this report.) Asked to say whether an item is a necessity or a luxury 88% say a car is a necessity compared to:

  • 66% for a clothes dryer; 
  • 54% home airconditioning
  • 52% TV
  • 50% home computer
  • 49% cell phone
  • less for other items

The Pew Center opinion pollers describe the automobile as the “ultimate survivor.”    “It’s been around for nearly a century, but in good times or bad, it retains its pride of place at the top of America’s list of everyday necessities.”  The survey was conducted April 2-8 2009 with a sample of 1003 persons. 

Click here to access/download the survey report.  Here is a related article published on Transportgooru reflecting a significant decline in the vehicle miles traveled across the US, somehow validates the data on the above image (“Is there anything else that you have done to save money during the recession”?)

Americans Driving Less- Temporary, or Permanent? – Esquire’s Nate Silver wonders if we are near the end of car culture

Americans still driving around too much? Not really, says USDOT: Decline In American Driving Still Evident

Scoopful of GM and Chrysler News – May 6, 2009

May 6, 2009 at 2:14 pm

GM adds shift at Oshawa to keep up with Camaro demand…enough that GM has asked workers at the assembly plant in Oshawa, Ontario, to work through the week of June 29, which had previously been scheduled as mandatory time off. Furthermore, Camaro orders are expected to be strong enough to keep the Oshawa plant’s flex line humming along on Saturdays in June, July and August, and that means overtime fo…

 Rumormill: Buick Astra coming in 2011?…products from GM‘s European Opel division are reports from GM Inside News indicating that a small car based on the Astra platform – initially planned for the now-defunct Saturn brand – has been transferred to Buick’s entry-level luxury division.Assuming these rumors are true, we can expect to see the new Buick in North America in late 2011 as a ..

REPORT: Renault after Saturn, Geely after Saab …deal with GM would allow Renault and its South Korean subsidiary, Samsung Motors, to sell its wares in the States though the existing retailers, possibly marketing the new vehicles as Saturns and building some of the vehicles using the General’s underutilized plants. How the deal would flesh out financially remains to be seen, but there’s a chan…

GM Oshawa Plant Adds Shift To Build More Presumably Non-Faulty Camaros [Chevy Camaro] GM‘s adding one more shift at its Oshawa, Ontario plant due to high demand for the recently released Camaro. Does this mean we’ll be getting more electrically-faulty Camaro SS units? Presumably not. The Peterborough Examiner reports demand has been so high that GM has scheduled the week of June 29th as a work week instead of the previously plann…
REPORT: GM voluntarily recalling Camaro for battery cable issue …but GM is reportedly offering two options for owners: a temporary fix that requires a second visit to a dealer and a permanent fix. The temporary fix involves wrapping the battery cable with protective insulating tape and rerouting it to ensure enough clearance between it and the starter. The permanent fix involves the same thing, except will us…
What’s The All-Time Greatest FWD Car? [Question Of The Day] GM wanted to compete with the Thunderbird and try out their newly-designed FWD platform. It just so happened a designer for the company put together a gorgeous coupe concept. One of the advantages of FWD is, theoretically, improved fuel economy. But this was the 1960s, so they stuffed a 7.0-liter “Super Rocket” V8 with 385 HP and 475 lb-ft of to…
REPORT: Renault A “Serious Suitor” For Saturn [Carpocalypse] …for GM‘s Saturn. Say that ten times fast. [WSJ]
GM trying to sell Opel, but will keep Ampera (the Opel Volt) …coming from GM troubles (Saturn hybrids? Say what?), there is one thing you can count on: GM is keeping the Volt. Of course they’re keeping the Chevy Volt – that was never in question – but things were just a tiny bit less clear regarding GM‘s possible sale of Opel. Whatever happens with the brand, the Opel Apmera, the European version of the Vo…
Camaro SS Recalled For Battery Cable Issue [Chevy Camaro] …now told GM‘s officially issuing a recall for the problem on the Camaro SS. UPDATE BELOW. Although we’re told it only takes about 30 minutes to fix, we’re being told GM‘s now issued a voluntary “official recall” on the 2010 Chevy Camaro SS over the battery cable issue that caused one Camaro5 member’s new Bumblebee-yellow mullet-mobile to die les…
Saab CEO Claims Not In Talks With Fiat [Carpocalypse]Saab CEO claims not in talks with Fiat. They’re the only brand that’s not. [Reuters] 
GM pledges to use plug-in hybrid tech in only one brand GM, SaturnThe Saturn Vue was supposed to be GM‘s first plug-in hybrid, but the pending loss of Saturn leaves the General’s upcoming plug-in tech without a vehicle or brand. The Vue plug-in was originally going to arrive in 2011 in a cooperative demonstration test fleet with the U.S. Dept. of Energy (DOE) and nonprofit Electric Power Research Ins…
 GM Plans To Wipe Out Current Shareholders [Carpocalypse]GM plans to wipe out current shareholders. Wait, more than they already have? [Reuters]
Plug-In Hybrids: More Hype Than Hope?…automakers like GM and Nissan. In the meantime, drivers like Morrison say they ferret out electrical outlets in parking garages and behind buildings so they can plug in as often as possible. EV advocates are quick to note the Prius wasn’t designed to be a plug-in hybrid, and in fact makes a lousy one. The biggest problem is the electric motor i…
Gallery: Goin’ Down the Road in Defunct Car Brands GM commissioned a young stylist named Harley Earl to design the car. What he came up with is widely considered the beginning of modern automotive styling. Photo: Flickr/Brian Toad Photography: Photo: Courtesy Nash MotorsNash may be the most innovative company only an auto geek has heard of. Wind-tunnel testing, flow-through ventilation systems,…
GM Will Apply Plug-in Hybrid Technology To One of Its Remaining Four Core Brands, Delivery Still in 2011
…post on GM’s FastLane blog, Vice Chairman Tom Stephens said that the company will apply plug-in hybrid technology to one of the four core brands remaining after the restructuring: Chevrolet, Cadillac, Buick and GMC. Saturn currently sells two hybrid vehicles (VUE and Aura with GM Hybrid System) and was scheduled to begin initially offering a …
Plug-in Saturn Vue not dead, will be revived (sorta) by 2011 …now own GM, it turns out that AutoblogGreen readers and GM executives think alike. In a poll we ran yesterday, the most popular choice for what to do with the Saturn hybrid powertrains was “Move the powertrain to the Equinox.” A GM spokesperson said today that, although the brand itself will indeed be sold, the powertrain – both the standard and…
Saab denies talks with Fiat…to acquire GM Europe while working on its partnership with Chrysler, according to Saab CEO Jan-Ake Jonsson, the Swedish automaker isn’t part of the deal.Jonsson said Saab is currently being courted by ten potential buyers, but Fiat isn’t one of them. Saab spokesman, Eric Geers went on to tell Reuters, “We now have ten very serious interested par…
Chrysler launches May incentives worth up to $6,000 Chrysler, LLC., Dodge, JeepChrysler doesn’t have time for assurance programs and payment protection plans. So unlike General Motors and Ford, the Auburn Hills-based automaker has launched a new incentive program for May that gives consumers back what they want most: money, and lots of it. Beginning today, Chrysler is offering $4,000 Consumer Cas…
Chrysler Offering $4,000 In Incentives On 2009 Models [Carpocalypse] Chrysler is offering up to $4,000 worth of incentives on 2009 model year vehicles in a bid to reduce inventory and counter its prolonged sales slump. One discarded sales idea? Building better passenger cars. The company says the incentives, which begin Wednesday, focus on the bottom-line price of the car as opposed to, you know, the interest con…
UAW will eventually sell Chrysler stock to keep VEBA going …New New Chrysler for very long. Outgoing UAW president Ron Gettelfinger confirmed in a press conference yesterday that the union’s Voluntary Employee Beneficiary Association (VEBA) will likely sell part or all of its 55% stake in the newly formed automaker once its stock appreciates, that is, if its stock appreciates. And why would the UAW want …
Gallery: Goin’ Down the Road in Defunct Car Brands…least until Chrysler goes under. : Photo: Flickr/Wigwam JonesThe Checker Marathon may be second only to the original VW Beetle as the most recognizable car in the world. The cars were ubiquitous as taxis and, like the Beetle, the first one to roll off the line in 1962 looked pretty much like the last one to roll of the line in 1982.: Photo; Cour…
Chrysler Maybe Not Canceling Wrangler So Much [Carpocalypse]…post on Chrysler considering killing the Jeep Wrangler, we circled back and actually read the source material Edmunds InsideLine links to and decided maybe Chrysler wasn’t looking at killing the golden goose after all. After looking over the statements from Robert Manzo, the executive director of Capstone Advisory Group LLC who’s been hired to c…
Daily U-Turn: What you missed on 5.5.09…What does Chrysler‘s restructuring plan have in store for the Viper?Long before bankruptcy and a Fiat partnership, Chrysler was looking to offload the Viper line. According to new bankruptcy documents, the Snake-badged stunner may finally face the axe. Rumormill: Nissan 370Z Hybrid for 2011?Reports ou…
Chrysler and Fiat: A merger of equally unreliable product?Chrysler, LLC., FIAT Familiarizing ourselves with Fiat – Click above for a high-res image gallery Chrysler‘s reliability ratings from Consumer Reports have been less-than-stellar in recent years. In its 2008 survey, where CR tallied up its subscribers’ experience with some 1.4 million vehicles among 34 brands, Jeep came in 28th, Dodge took the 3…
Court documention reveals which Fiats and Alfas are destined for U.S.Chrysler, LLC., Alfa Romeo, FIAT Fiat 500 – Click above for a high-res image gallery Curious which of its models Fiat plans to send over to the United States to sell through its planned partnership with Chrysler? Wonder no more. The most recent set of documents filed in Chrysler‘s Chapter 11 proceedings offer a number of intriguing clues as to w…
REPORT: Chrysler unlikely to pay back most recent $4.5 billion gov’t loanChrysler, LLC., UAW/UnionsRepayment of the $4.5 billion life-line in U.S. and Canadian loans that a federal bankruptcy court allowed yesterday is “highly unlikely,” according to Ron Manzo, a top company adviser. To Chrysler‘s bankruptcy legal team, that is not the issue. Urging the court “to let this company live,” automaker attorney Corinne Bal…
Saab denies talks with Fiat…partnership with Chrysler, according to Saab CEO Jan-Ake Jonsson, the Swedish automaker isn’t part of the deal.Jonsson said Saab is currently being courted by ten potential buyers, but Fiat isn’t one of them. Saab spokesman, Eric Geers went on to tell Reuters, “We now have ten very serious interested parties which have visited us in Trollhattan …
REPORT: Next Chrysler CEO salary capped at $500,000Chrysler, LLC., Earnings/FinancialsThe next chief executive of Chrysler will be tasked with bringing the company out of bankruptcy, restructuring into a profitable business, repaying government loans (if and when they do so at all), integrating Fiat technology and retaining jobs wherever possible. Oh, and he or she will have to do it all on no m…
REPORT: Chrysler pursuing clause to award Fiat $35 million if deal falls apartChrysler, LLC., Earnings/Financials, FIATThink Fiat’s getting a pretty sweet deal with Chrysler? The Italian automaker is, after all, gaining a 20% stake in the troubled American automaker, plus local manufacturing capacity and access to its dealer networks, all without paying a thin dime. Not a bad deal, but Chrysler‘s hard at work trying to ma…

Scoopful of GM and Chrysler News – May 5, 2009

May 5, 2009 at 5:36 pm

 Rumormill: Vauxhall going after city car market with Trixx EV?GM‘s European arm put a toe in the water of the rapidly expanding city car market with its Opel Trixx concept. A few years later, though, GM‘s Carl-Peter Forster indicated that the automaker would not be entering that microcar market after all. Fast forward another couple of years and (surprise!) it looks as if GM may be once again reversing tha…

 REPORT: Penske lines up as potential Saturn suitorGM, SaturnThe typical relationship between automakers and dealerships, of course, is for the dealers to sell the cars that the automaker produces. But with General Motors shedding like a dog in springtime, it’s the dealers who have been looking to buy the brands themselves. Following interest expressed by German dealers to acquire Opel and a gro…

Test Drive A Chevy Traverse, Get A Massage [Carpocalypse]GM]

GM updates state of Saturn, potential buyers being reviewedGM, SaturnGeneral Motors is busy putting the finishing touches on its third (or is it fourth?) viability plan, part of which involves the sale or shut down of the Saturn division. While many were expecting GM to close down Saturn, GM has released a press release to tell the world that the fledgling marquee is on the block, and there are several …

GM Testing Indicates 2010 Chevrolet Equinox Will Offer Best-In-Segment Highway Fuel Economy of 32 mpg
…Internal GM testing of the new 2010 Equinox indicates that the front-wheel drive models with the direct-injected 2.4-liter I-4 engine will offer an EPA estimated 32 mpg on the highway and 22 mpg city. GM expects final official EPA estimates shortly. The 2010 Equinox will likely carry a 32 mpg highway rating. Click to enlarge.At 32 mp..

Magna Confirms Involvement in Potential Opel Transaction…acquisition of GM Europe.

Daily U-Turn: What you missed on 5.4.09
…Chrysler and GM EuropeFiat’s alliance with Chrysler is only the beginning, as the Italian automaker makes a bid at acquiring General Motors’ European operations, including Opel, Vauxhall and Saab. Other news of import Chrysler begins “New Car Company” ad campaign in newspapers 2010 Chevy E…

GM hopes to sell Saturn by the end of 2009
…That GM would sell Saturn has been floating around for what seems like ages now, but the most recent word from GM on the fate of the brand was that the “resolution” had been bumped up in the schedule to the end of 2009. GM just released a statement about the Saturn sale, saying that, “A number of potential buyers have surfaced and expressed inte…

Chrysler Predicts Profit by 2012 Chrysler lost $16.8 billion last year and expects to lose another $4.7 billion this year before turning profitable in 2012, a court filing shows.

Saab denies talks with Fiat…partnership with Chrysler, according to Saab CEO Jan-Ake Jonsson, the Swedish automaker isn’t part of the deal.Jonsson said Saab is currently being courted by ten potential buyers, but Fiat isn’t one of them. Saab spokesman, Eric Geers went on to tell Reuters, “We now have ten very serious interested parties which have visited us in Trollhattan ..

REPORT: Next Chrysler CEO salary capped at $500,000Chrysler, LLC., Earnings/FinancialsThe next chief executive of Chrysler will be tasked with bringing the company out of bankruptcy, restructuring into a profitable business, repaying government loans (if and when they do so at all), integrating Fiat technology and retaining jobs wherever possible. Oh, and he or she will have to do it all on no m…

Chrysler pursuing clause to award Fiat $35 million if deal falls apartChrysler, LLC., Earnings/Financials, FIATThink Fiat’s getting a pretty sweet deal with Chrysler? The Italian automaker is, after all, gaining a 20% stake in the troubled American automaker, plus local manufacturing capacity and access to its dealer networks, all without paying a thin dime. Not a bad deal, but Chrysler‘s hard at work trying to ma…

One Thing Separating Chrysler HQ From Most Malls [Carpocalypse]…explained earlier Chrysler‘s Auburn Hills, MI Headquarters was designed to easily convert into a mall if it needed the dues. However, there’s one thing we neglected to mention separating Chrysler‘s HQ from most malls. As you see below, if you scroll your Google map a little bit to the right you’ll find the 1.8 mile-long test track that sits adja…

What does Chrysler’s restructuring plan have in store for the Viper?Chrysler, LLC., Dodge, FIAT Dodge Viper SRT-10 – Click above for a high-res image gallery Long before factors like bankruptcy and Fiat’s involvement, Chrysler was looking to offload the Viper line. Several potential buyers were reportedly being considered, but months down the line no deal has been announced. In the meantime, of course, Chrysler …

Chrysler To Kill Jeep Wrangler? [Carpocalypse]…from the Chrysler bankruptcy cast doubt on the future of the Jeep Wrangler. Is somebody in Auburn Hills taking crazy-pills? Killing off weak models in order to save the strong is something Chrysler is going to have to do if it ever wants to be a profitable automaker again, but considering putting the Wrangler on such a sacrificial altar is somet…

Chrysler HQ designed for mall duty if automaker leavesChrysler, LLC., Humor Chrysler HQ a mall? Click above for high-res image gallery Leave it to our friends at Jalopnik to discover this most interesting fact about Chrysler‘s headquarters in Auburn Hills, Michigan. The 500-acre site that’s crowned by a glass tower with a 35-foot tall Pentastar window visible from I-75 was reportedly designed in su…

Fiat Delivers Custom Ducato For Papal Service [Custom Cars]…of the Chrysler faithful, Fiat has delivered a customized Ducato van to the Papal motorpool for use in touring parts of the Italian countryside destroyed by the recent earthquake. From the outside, the Ducato appears to be any other run-of-the-mill Italian Civil Defense Force vehicle, wearing the proper paint job to fit right in, but inside it’s…

Chrysler HQ Designed To Convert Into Shopping Mall [Carpocalypse]
Chrysler’s corporate headquarters in Auburn Hills appears to be a shopping mall. This is not an accident. BusinessWeek published an article two weeks ago about the value of Chrysler’s various assets in anticipation of its bankruptcy, which has since happened. Here’s the most interesting bit: The Chrysler headquarters building is a spectacular si…

UAW Wants To Get Rid Of Chrysler Share Quickly [Carpocalypse]
…t want Chrysler either. [Reuters]

Job Impacts of Spending on Public Transportation: An Update – APTA study says $1B public transportation spending creates 30,000 jobs

May 4, 2009 at 6:39 pm

(Source: American Public Transportation Association via More Riders)

Many transportation industry minds are wondering what is the tangible benefits from all this investment in transit? After spending nearly one billion dollars through their public transportation agencies, what do the taxpayers stand to reap?

 According to a new report by the American Public Transportation Association, 30,000 jobs (besides better public transportation).   That comes out to one new job for every $33,333 in spending. Not bad at all, as economic development projects go.   

The study report released on April 29th shows that investing in public transportation provides jobs to the American workers who may need them the most.  Job Impacts of Spending on Public Transportation: an Update shows that two-thirds (67 percent) of the jobs created by capital investment in the public transit industry replaces lost blue-collar jobs with “green jobs” in the public transit sector.  The Economic Development Research Group prepared the study for the American Public Transportation Association (APTA). 

Overall, the study shows an investment of one billion dollars in public transportation supports and creates 30,000 jobs in a variety of sectors.  Based on these projections, the American Recovery and Reinvestment Act of 2009 (ARRA), which provides $8.4 billion for public transportation projects, will create approximately 252,000 jobs for Americans and help transit systems meet the steadily growing demand for public transit services.  APTA released the study at the U.S. House of Representatives Transportation and Infrastructure Committee hearing Recovery Act: 10-Week Progress Report for Transportation and Infrastructure Programs.

“The ultimate goal in any economic recovery plan should be to not create just any type of job, but rather to invest in and focus on areas particularly hit hard by the economic downturn,” said William W. Millar, APTA president.  “The investment in public transit not only produces green jobs but also provides for a more sustainable transportation system that will help reduce our dependence on foreign oil and lessen the transportation sector’s impact on the environment.”

The study reveals that two out of three (67 percent) of these new construction and manufacturing “green jobs” resulting from public transit capital investment typically fall in the category of Blue-Collar Semi-Skilled (59 percent) and Blue-Collar Skilled (8 percent).  These jobs include positions in manufacturing, service, repair worker, drivers, crew, ticket agents and construction. 

In addition, 33 percent of the new jobs as a result of public transit investment fall in the White-Collar Skilled (32 percent) or White Collar Semi-Skilled (1 percent) category.  These jobs include clerical, managerial and technical engineers.

Some of the key findings from this study are here:

  • The rate for federal funding of public transportation reflects a specific mix of capital investment and preventive maintenance funding as allowable by law.  Under current federal law, an estimated 30,000 jobs are supported per billion dollars of spending.

  • The national rate can vary from of 24,000 to 41,000 jobs per billion dollars of spending, depending on the spending mix.  The lower figure holds for spending on capital investments (vehicles and facilities), while the higher figure holds for spending on transit system operations. In reality, it is not logical to spend money on vehicles and not use them, nor is it logical to operate vehicles forever without any purchases of new equipment.  For these reasons, the average rate is a more meaningful number.

  • Looking across the entire $47 billion spent on public transportation in the US each year, there is an average rate of approximately 36,000 jobs per billion dollars of public transportation spending (i.e., 36 jobs per million dollars of spending).  This figure is based on the national mix of public transportation spending as of 2007.  It includes a direct effect of spending in transportation related manufacturing, construction and operations as well as orders to suppliers or by re-spending of worker income on consumer purchases.

The rate of jobs supported per billion dollars of spending will continue to change every year, as prices change and technologies evolve. 

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