Summit Notebook

How Leo DiCaprio started a car company

November 6, 2009

Henrik Fisker, the storied car designer who has shaped Aston Martins, Fords and BMWs, told the Reuters Autos Summit this week that he now wants a starring role in the green revolution.

from Environment Forum:

A Nightmare on Auto Street: Big boxes

November 4, 2009

When it comes to competition in the auto business, it's the unknown that keeps the top U.S. Honda executive, John Mendel, up at night.

AUDIO – Mornings with Ron: A Reuters Autos Summit tradition

November 3, 2009

A few years ago, there was a book out called “Tuesdays with Morrie.” At Reuters, though, we spend our Tuesday mornings during Auto Summits with Ron.

Upstarts!

November 3, 2009

The U.S. government has pumped more than $100 billion into Detroit over the past year to keep automakers General Motors and Chrysler alive. But some of the sector’s remaining capitalists are having a hard time stomaching a $25 billion Department of Energy loan program intended to spark new developments in electric cars. 

Toyota’s Arashima on Reuters Financial Television

November 3, 2009

Toyota Motor Europe President and CEO Tadashi Arashima talked to Reuters Financial Television during the Auto Summit in Paris. See here.

AUDIO – Commercial real estate: The auto industry’s next big (bad) thing

November 3, 2009

The U.S. auto industry has had one heck of a year.Sales have fallen off, credit has been pretty much nonexistant and two of the major U.S. automakers were bankrupt. Other that all that, things were fine.But Bill Diehl, chief executive of advisory firm BBK, said at the first day of this year’s Reuters Autos Summit, that one of the main concerns for 2010 (if it’s not THE main concern) is the industry’s overall exposure to commercial real estate.We have been hearing about the problems with commercial real estate in many other sectors of the U.S. economy and Diehl gave the strongest statement so far about the auto side.(To hear Diehl\’s comments, please click here)The Reuters Autos Summit continues through Thursday in Detroit and Paris.

AUDIO – The ‘new normal’ for the U.S. auto industry

November 2, 2009

A few years ago, one of the guests at our annual Reuters Autos Summit — Tom Stallkamp from Ripplewood — pretty much stopped everyone dead in their tracks by predicting that auto sales in the United States was likely to fall to an obscenely low level of 14.5 million.

Renault is too complex, COO says

November 2, 2009

One of the big challenges for French carmaker Renault, which ranks third in the world with Japanese partner Nissan and Russian ally AvtoVAZ, is that it is too complex, chief operating officer Patrick Pelata told the Reuters Automotive Summit.

Yahoo cedes search game to Google, for now

May 20, 2009

(Updated with more quotes)

If you’re losing the game, time to change the playing field. Yahoo is counting on exactly that.

Corning CFO and the economist who predicted 8 of the past 4 recessions

May 20, 2009

When this is recession number seven for you, the state of the economy begins to drop into perspective — even if the pain is still real.