Showing posts with label Advance. Show all posts
Showing posts with label Advance. Show all posts

Sunday, January 26, 2014

Republicans decry Obama plans to bypass Congress to advance agenda




WASHINGTON Sun Jan 26, 2014 3:29pm EST



Senator Rand Paul (R-KY) speaks to the media before his party

Senator Rand Paul (R-KY) speaks to the media before his party’s working lunch on Capitol Hill in Washington October 8, 2013.


Credit: Reuters/Gary Cameron




WASHINGTON (Reuters) – U.S. President Barack Obama’s strategy to bypass Congress this year with executive orders to advance his policy agenda received a cold reaction on Sunday from Republican leaders, who accused the White House of arrogance and sidestepping the political process.


Obama and his advisers have signaled for weeks that the president would take a more active role in using his pen and phone to sign orders that do not require lawmaker approval and cajole others to back his priorities.


Senior White House adviser Dan Pfeiffer said Obama needed Congress to pass immigration reform and extend unemployment insurance but that the president would telegraph in his State of the Union address on Tuesday that he would not be patient with lawmakers in areas where he did not need them.


“The president … is not going to tell the American people that he’s going to wait for Congress,” Pfeiffer told CNN’s “State of the Union with Candy Crowley” program.


“He’s going to move forward in areas like job training, education, manufacturing, on his own to try to restore opportunity for American families,” Pfeiffer said.


Republicans, speaking ahead of the high profile Tuesday evening address, were not pleased.


“It sounds vaguely like a threat and I think it also has a certain amount of arrogance in the sense that one of the fundamental principles of our country were the checks and balances,” Republican Senator Rand Paul, a potential presidential candidate in 2016, said on the same program.


“Welcome to the real world. It’s hard to convince people to get legislation through. It takes consensus. But that’s what he needs to be doing is building consensus and not taking his pen and creating law,” he said.


Mitch McConnell, the U.S. Senate’s top Republican, said his party wanted to work with the president on free trade agreements and would be willing to extend unemployment benefits as long as doing so did not add to the national debt.


“The president has sort of hung out on a limb and tried to get what he wants through the bureaucracy as opposed to moving to the political center,” McConnell told “Fox News Sunday.”


“We’re anxious to help him create jobs, but we’re not going to go over and endorse more spending, more debt, more taxes and more regulation.”


The White House’s new strategy comes after a tough 2013 in which his legislative goals on priorities such as gun control and immigration reform died or languished in Congress. Republicans have a majority in the House of Representatives and Democrats control the Senate.


With an eye to Obama’s legacy, administration officials are eager to avoid the same fate in 2014 and have stressed that they will not judge the year’s success based on legislative achievements.


The Washington Post quoted one official saying Obama previously had governed too much like a prime minister who needed support from lawmakers and not enough like a president who could act on his own accord.


Obama plans to unveil a new plan to help people still looking for jobs in the recovering economy during his Tuesday address and will follow that up with a four-state tour on Wednesday and Thursday.


(Additional reporting by Doina Chiacu and Andy Sullivan; Editing by Jim Loney)






Reuters: Politics



Republicans decry Obama plans to bypass Congress to advance agenda

Monday, November 18, 2013

Audi"s advance risks stalling without new technology drive

Audi"s advance risks stalling without new technology drive
http://currenteconomictrendsandnews.com/wp-content/uploads/2013/11/9501c__?m=02&d=20131118&t=2&i=812907497&w=460&fh=&fw=&ll=&pl=&r=CBRE9AH1BZN00.jpg





BERLIN Mon Nov 18, 2013 12:16pm EST



The company logo of Volkswagen

The company logo of Volkswagen’s Audi AG premium unit is pictured on the hub caps of a car during the annual news conference in Ingolstadt March 11, 2008.


Credit: Reuters/Michael Dalder




BERLIN (Reuters) – German luxury carmaker Audi has boasted Vorsprung durch Technik – advancement through technology – as its slogan since the 1970s. But signs are growing it is losing sight of its own advice.


Research and development spending by the 81-year-old brand, which is the profit engine of parent Volkswagen (VW), last year amounted to less than three-quarters of arch-rival BMW’s outlay and a smaller fraction of Mercedes owner Daimler’s.


While BMW trumpets its new “i” series of electric cars and Mercedes wins rave reviews for its new CLA and GLA ranges of sporty compact models, Audi risks looking like a laggard in an industry where innovation is a major draw for customers.


“I’ve grown tired of that single-frame grille,” said Stefan Reimann, a 47-year-old public relations manager looking at the front of the new Audi A3 compact at a Berlin showroom.


“BMW and Mercedes seem to be so much more progressive now. It’s about time for Audi to live up to their promise,” he added.


The stakes are high. Audi contributed over 40 percent of VW’s (VOWG_p.DE) nine-months profit of 8.6 billion euros ($ 11.6 billion) and it is critical to funding the expansion of Europe’s biggest carmaker as it strives to overtake General Motors (GM.N) and Toyota (7203.T) and become world number one by 2018.


Any weakening at Audi could also add to doubts about VW’s broader strategy, with some analysts questioning whether a new manufacturing platform aimed at sharing costs among its brands will deliver the projected benefits, and whether it has cut prices too much to win market share in Europe.


On the surface, everything looks fine.


Audi, which has doubled model lines and deliveries over the past decade, is shrinking BMW’s (BMWG.DE) sales lead, with deliveries in the first ten months of 2013 at a record 1.31 million cars versus 1.35 million at BMW.


The brand, which pioneered all-aluminum bodyworks and “Quattro” four-wheel drives in the 1980s, is also rapidly expanding in fast-growing emerging markets, with new production facilities in China, Mexico and Brazil.


But there are signs that all is not well.


Audi is on its third R&D chief in 16 months and a VW source told Reuters the parent was concerned the brand is resting on its laurels just as rivals push new technologies and designs.


TROUBLE DOWN THE LINE


The gap is barely apparent under the bonnets in car showrooms – though industry-watchers point out that Audi’s flagship A8 lacks the rival Mercedes S-Class sedan’s plug-in hybrid powertrain option or its semi-autonomous driving function for traffic jams.


For now, Audi’s drift is most visible among the more innovative vehicles that are too easily dismissed as niche models or far-fetched prototypes.


Audi has little to show, for example, opposite BMW’s i3 and i8 electric cars – which also pioneered carbon-fiber manufacturing techniques tipped to see wider use – or Daimler’s investment in hydrogen fuel cells and self-driving cars.


Even when it doesn’t lead to mass sales, such risk-taking can pay dividends for a brand’s “halo”. BMW has received 100,000 test-drive applications for the futuristic i3 mini.


“Constant innovation is absolutely crucial for high-end carmakers,” said Boston Consulting Group senior partner Andreas Maurer. “If a customer feels that a premium manufacturer has nothing new in the pipeline, that company is in trouble.”


But battery-powered versions of the Audi R8 sports car and A1 subcompact were shelved last year as VW focused on plug-in hybrids as a more conservative approach to meeting European Union carbon emissions targets.


“Audi lacks a vision of the future as well as core competence on technology,” said Arndt Ellinghorst, London-based head of automotive research at ISI.


“They have little to offer nowadays in terms of a clear corporate message and mainly live off their past success.”


The loss of momentum is also showing up in projections.


IHS Automotive, among the most authoritative forecasters, expects Audi to be outsold once more by Mercedes next year, after three years in the industry’s No. 2 slot. Neither will overtake BMW’s global sales by 2020, it predicts.


BRAIN DRAIN


A 16 percent rise in Audi’s R&D budget to 2.9 billion euros last year from 2010 was dwarfed by BMW’s 43 percent surge to 4 billion, according to company data. Mercedes parent Daimler (DAIGn.DE) posted a 14 percent rise to 5.6 billion euros.


The figures do not necessarily compare like with like, however, as Audi also benefits from R&D spending in other parts of the VW group.


Audi rejects the idea it is losing its technology mojo, pointing to its plug-in hybrids – which avoid the range limitations of pure-electric cars – and its own use of aluminium and composites to cut weight.


Yet senior executives seem to think there are problems.


Audi’s latest R&D boss, Ulrich Hackenberg, unexpectedly pulled a concept car from September’s Frankfurt car show line-up and ordered engineers to install an alternative hybrid powertrain, a source with direct knowledge of the matter said.


Christoph Stuermer, Frankfurt-based analyst with IHS, says Audi is suffering the effects of a brain drain that saw the division’s CEO, R&D chief and top designer all leave for the VW brand in 2007. They were followed two years later by the transfer of its engine development chief to Porsche.


The addition of luxury sports car brand Porsche to VW’s stable in 2012 is also causing problems at Audi, according to another source familiar with the matter.


“There’s a certain amount of jealousy at play,” the source said, requesting anonymity.


In a bid to fight back, Audi plans to refresh design and create a more distinctive face for high-end models and sportier vehicles, boost lightweight construction and plug gaps in SUV offerings while expanding to 60 models from 46, the source said.


But it may face an uphill struggle. IHS is forecasting that sales of the A1, Audi’s smallest model, will drop to 101,700 cars in 2018, down 16 percent from 2012, while sales of BMW’s rival Mini hatchback rise 3.1 percent to 140,300.


At the top end, sales of the A8 sedan are expected to rise 19 percent to 44,900 cars, compared with gains of 22 percent to 81,900 for the revamped Mercedes S-Class and 30 percent for BMW’s 7-Series, to 85,300 cars.


($ 1 = 0.7421 euros)


(Additional reporting by Irene Preisinger; Editing by Laurence Frost and Mark Potter)






Reuters: Business News




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