V-Vehicle to build cars in Louisiana

V-Vehicle plans to build environmentally friendly cars in Louisiana.

V-Vehicle is a new car maker. Formed by a group of entrepreneurs which includes,Texas billionaire T. Boone Pickens.

They plan to produce their cars in an former GM plant in Louisiana. The company has hired Tom Motano, a former Mazda designer, who designed the Miata to turn its dreams into reality.

The company hopes to hire 1400 workers to build the cars. Production should start some time next year. The company is going to concentrate on making high quality, environmentally friendly cars, which are fuel efficient and will start its operations in the US market.

GM tells dealers upgrade or die!

Automotive News [sub] reports that GM will force its remaining dealers to sign “participation agreements” requiring them to complete any upgrades GM requires. If they don’t sign on the dotted line by mid-June they face having their franchise agreements “yanked” says GM’s Mark LaNeve. “They get put into the old company and get a fairly quick termination, like the Chrysler dealers did,” LaNeve said. “Their sales and service agreement will be rejected and put into the old company.” GM will send out letters to its dealers tonight, according to AN, which will detail the requirements to remain a part of GM’s happy family.

“We expect them to perform well on customer satisfaction scores and sales, have their facilities up to speed and not have any non-GM brands in their showrooms,” glowers LaNeve. But, “we’re not right away demanding new facilities,” LaNeve said. “We’re not using this as a threat in this kind of market to get dealers to… spend money they can’t afford to spend.” Funny, because that sounds exactly like what GM is up to. Watch this space.