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Hyundai blamed for France’s economic woes

French Industry Minister Arnaud Montebourg has accused Hyundai Kia of ‘Dumping’ cars in the French market. In an apparent bid to galvanise the workforce of PSA and Renault to emulate French Farmers by setting fire to the competition, French Industry Minister, Arnaud Montebourg, has claimed that Hyundai and Kia are ‘Dumping’ cars in to the French market to undermine sales of Peugeot, Citroen and Renault. Well, he would, wouldn’t he?

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Johnson Controls develops 3D Multilayer Instrument Cluster concept

Johnson Controls has developed a new instrument cluster concept that displays its information through a 3D interface. The Multilayer Instrument Cluster concept, initially intended for use in full- and mid-size luxury cars, is designed to improve the safety of the driver and the overall efficiency of the vehicle. Jeff DeBest, vice president and general manager, global electronics for Johnson Controls Automotive Experience said, "The dynamic movement and interaction of the multiple layers of information offers customers the next-generation of 3D driver assistance.