Posts Tagged ‘senior’

Ooh Nice One, Goldman Sachs! CODA Automotive in Bankruptcy Today – The Bay Area’s OTHER Electric Car “Factory”

Wednesday, May 1st, 2013

Read the news and turn the pages.

I remember seeing CODA Automotive’s first SFMTA bus stop ad back in 2010. I thought, “Man, what a turkey.” That’s the year I started the DeathWatch.

This whole CODA concept appeared to be another big fat loser from Goldman Sachs and that’s exactly what it turned out to be.

Oh well.

Ah memories, memories from 2010:

Whatever You Do, DON’T Put $499 Down on the $45K, Mostly Chinese, All-Electric Coda Sedan

I’ll tell you, the Mitsubishi Carisma didn’t exactly slay the European market when it went on sale a decade and a half ago. Simply, it wasn’t popular. Then a regional car maker in China tried to take the design from Mitsu and make a version to sell to the Chinese in 2005. It wasn’t popular there neither, even at a price of just $10,000. It, as they say, “lacked quality to make a mark“ in the Chinese market. O.K. then.

Well, they went and took out the gas engine and fitted it with a big heavy battery and a lightweight motor and that’s how we’re getting the 2011 Coda Automotive Sedan at a price of, wait for it, Holy Toledo, $44,900. That’s the news of the day, 45K, officially.

Should California and the feds give you tax credits to buy this thing if all Coda Automotive is going to do is raise the price sky high?

What a POS this thing is. Just look at it. In some ways better, and in some ways worse than your sister’s ’94 Honda Civic:

Now, they’re going to have a showroom in the bay area soon and they’re going to let you take a test drive starting next month. Fine, test drive the thing, I don’t care. But don’t give them a deposit, don’t encourage them.

All right, what about the all-electric Nissan LEAF, the Coda Sedan’s arch-rival? The LEAF is better and cheaper.

Here’s what an overly-excited CODA fan was saying about the LEAF last year:

“It’s an alien-looking buggy with small wheels and no nose that won’t look like a real car to American buyers”

Uh, no, that’s incorrect. Sorry.

via NissanLEAF

Hey, here’s a question:

Why is the LEAF so much cheaper than the CODA?

Yes the CODA has a big trunk that the LEAF lacks but so what. (The CODA  has small rear seat area because of that big trunk, so oh well.)

Uh oh:

“More ominously for the company, the sedan is more expensive than the Nissan Leaf, which will retail for $32,800 before incentives. Put another way, the Leaf is almost as cheap before incentives as the Coda is after incentives. And Nissan has a well-known brand name and  years of automotive experience.”

Here’s another question:

Why does the CODA cost so much more than the Chinese design it’s based upon?

Here’s another question:

How on Earth can people call the CODA an American car if the bulk of it, the glider (basically the entire car except for the battery/transmission) is made in one factory in China and the giant battery is made in another factory in China? What’s that, you wait for the boats to arrive in L.A. County Contra Costa? Solano?, Alameda? (one of them counties anyway) and then slap the battery and various whatnots inside the glider and that’s your “final assembly” in America? I cry foul.

Let’s face it, the Coda Sedan is a Chinese car, whether you like that or not.

Maybe a $45k electric sedan seemed like a good idea last year, but this thing is looking like a clunker already. That’s why people are saying that it, “may be a tough sell.”

Now, speaking of tough sells, let’s look at some of the marketing we’re getting from the CODA people. Go ahead, click and read along:

Electric agility

“The CODA might be the most agile car you’ve ever driven.”

Nope!

“Do you know the feeling of stomping the pedal and waiting for the car to build speed? Those days are over. The experience of driving a CODA is completely different.”

Well, I know what a Chevy Chevette Diesel automatic is like. It’s slow, with a o-60 time of 20 seconds plus. I know your CODA is quicker than that, but is the experience of driving the thing “completely different” from other cars? Nope.

“It’s small, energy-dense UQM PowerPhase® electric motor packs a punch, and weighs hundreds of pounds less than internal combustion engines.”

How can a motor be “energy-dense?” Shouldn’t you be talking about the energy density of the battery instead? Speaking of which, how much does the battery weigh? Isn’t that the more salient aspect?

“So whether you’re standing still or moving at a good pace, you’ll get instant torque and acceleration when you need it.”

You’re selling an electric car on this basis? Isn’t the CODA slower than the average car being sold today? Yep.

All right, caveat emptor.

All the deets, after the jump

(more…)

Coda DeathWatch, Day 898: Coda Automotive is Coding – Crappy, Expensive Electric Cars – Thanks, Goldman Sachs!

Friday, March 29th, 2013

This is the end of the Coda Automotive DeathWatch, which started on October 14th, 2010.

But tell me if I’m wrong, tell me if the final assembly facility in Benicia starts chugging out product all of a sudden ala Willie Wonka’s chocolate factory.

Otherwise, I’m concluding that Coda is dead. It’s not responding to stimuli, anyway.

Get the story here, just keep on clicking back in time to learn about the star-crossed Coda Sedan.

Why did we, the taxpayers, subsidize Coda when it was obvious that it couldn’t succeed?

I don’t know.

Now back in 2007, the electric car we were going to get from China was called the Javlon XS500. It was suppose to come in 2008. It didn’t. Check it:

Adieu, Coda Automotive.

Miles Automotive on the $30,000 Javlon XS500 all-electric sedan

Then, in 2008, we were promised the Miles XS500. That was going to come in 2009. It didn’t. Check it:

Miles XS500 will be a lot more expensive than planned, maybe

Then, in 2009, we were promised the Coda Automotive Sedan. That was going to come in 2010. It didn’t. Check it:

Coda Automotive Unveils New Mainstream All-Electric Sedan

And on and on.

Per Wiki:

Coda’s investors include:

  • Aeris CAPITAL – a private Swiss investment office
  • Harbinger Capital Partners - private hedge fund based in New York City, New York.
  • Riverstone Holdings - a private equity firm based in New York City, New York.
  • Piper Jaffray - a U.S. middle-market investment banking firm based in Minneapolis, Minnesota
  • Angeleno Group – a Los Angeles based private equity firm
  • EDB Investments (EDBI) – an investment firm headquartered in Singapore
  • Countyline LLC – an investment entity owned by Tony Pritzker and J.B. Pritzker
  • John Bryson, former U.S. Secretary of Commerce and adviser at Kohlberg Kravis Roberts[23]
  • Miles L. Rubin – Founder and Chairman Emeritus of CODA Automotive; former CEO of Detroit Iron & Steel Industries, Reliance Manufacturing, Puritan Fashions Corp. and Polo Ralph Lauren Jeanswear
  • Steven “Mac” Heller – Executive Chairman of CODA Automotive; former Goldman Sachs Head of Mergers & Acquisitions, Worldwide and Co-Head of the Investment Banking Division[23]
  • Tom Steyer – Managing Director of Hellman & Friedman, a San Francisco private equity firm; Founder, Co-Managing Partner and Chief Investment Officer of Farallon Capital; member of the Board of Trustees of Stanford University[23]
  • Klaus Tschira, founder of SAP AG[23]
  • Les Wexner – Chairman and CEO of Limited Brands
  • Henry “Hank” Paulson - former U.S. Secretary of the Treasury, former Chairman and CEO of Goldman Sachs and special representative of the U.S.-China Strategic Economic Dialogue[23]
  • Mack McLarty – (Thomas “Mack” McLarty) Former Chief of Staff for President Bill Clinton, President of McLarty Associates and McLarty Companies, a transportation business based in Little Rock, Arkansas[23]
  • Kevin Czinger – Senior Strategic Advisor, CODA Automotive; Former President and CEO at CODA Automotive, executive at Global Signal, Webvan Group, Bertelsmann AG, and Goldman Sachs

Board of Directors

  • Miles L. Rubin – Founder and Chairman Emeritus, CODA Automotive; former CEO of Detroit Iron & Steel Industries, Reliance Manufacturing, Puritan Fashions Corp. and Polo Ralph Lauren Jeanswear
  • Steven “Mac” Heller – Executive Chairman, CODA Automotive; former Goldman Sachs Head of Mergers & Acquisitions, Worldwide and Co-Head of the Investment Banking Division
  • Alan Chesick – Acting Legal Advisor of CODA Automotive, former general counsel of Fortress Investment Group
  • Daniel Weiss – Co-Founder and Managing Partner at Angeleno Group LLC, a leading Los Angeles-based private equity firm focused on high growth investments in the energy sector
  • John Bryson - Former Chairman, CEO and President of Edison International from 1990 through 2008, a director at The Boeing Company, The Walt Disney Company, and the California Institute of Technology
  • Niall Davis – One of ten founding partners of Swiss aeris CAPITAL AG, a large global private equity firm
  • Philip Murtaugh – CEO, CODA Automotive; former Chairman and Chief Executive Officer of GM China, EVP International Operations of SAIC
  • James P. McGinnis – Managing Director, Harbinger Capital Partners
  • Lord John Browne – Managing Director and Managing Partner of Riverstone Holdings LLC, President of the Royal Academy of Engineering, Chair of the Tate, Member of the House of Lords

Board of Advisors

  • Mack McLarty – (Thomas “Mack” McLarty) Former Chief of Staff for President Bill Clinton, President of McLarty Associates and McLarty Companies, a transportation business based in Little Rock, Arkansas
  • Dr. Thomas Cardello – Partner of Sunrise Capital, an institutional fund manager, Advisory Director and former MD of Global Electronic Derivative Market making for Morgan Stanley
  • Dr. Michael Wang – Manager of the Systems Assessment Section of the Center for Transportation Research at Argonne Labs, serves as a senior advisor to the Chinese government on new vehicle technology and alternative energy production
  • Henry “Hank” Paulson - former U.S. Secretary of the Treasury, former Chairman and CEO of Goldman Sachs and special representative of the U.S.-China Strategic Economic Dialogue
  • Thomas F. Steyer – Managing Director of Hellman & Friedman, a San Francisco private equity firm; Founder, Co-Managing Partner and Chief Investment Officer of Farallon Capital; member of the Board of Trustees of Stanford University
  • Woo C. Lee – Head of Asia for the advisory firm JL Thornton & Company, formerly a U.S. diplomat at American embassies in China, Japan, Australia and Southeast Asia
  • Thomas R. McDaniel – Director of SunPower Corp., SemGroup, LP, Cypress Envirosystems, and the Senior Care Action Network and Formerly executive vice president, chief financial officer and treasurer of Edison International
  • Kevin Czinger – Senior Strategic Advisor, CODA Automotive; Former President and CEO at CODA Automotive, executive at Global Signal, Webvan Group, Bertelsmann AG, and Goldman Sachs

 

CODA Automotive, the Company What Builds Crappy Electric Cars in the Bay Area, Has Sold Just 78 Vehicles?

Tuesday, September 4th, 2012

Why on earth are we subsidizing the totally crummy CODA Automotive electric car company? It baffles me. What makes it a good company, what makes it worthy? Nothing.

Anyway, here’s the latest, as expected, the first recall notice has come early, before CODA even delivered 100 cars worldwide.

Here’s their “Statement” about the matter:

“CODA Automotive is committed to safety and has voluntarily recalled* 78 of its 2012 CODA model year vehicles within the VIN range of 53G1U4A48CB000026 to 53G1U4A48CB000260. The recall campaign was issued because of the potential that the side curtain airbags in certain vehicles may not deploy as intended due to an improper installation. Certain 2012 model year CODA vehicles may have this condition. There are no known injuries related to this recent discovery. CODA Automotive holds itself to the highest safety standards and continually strives to offer the most reliable product for its consumers.”

Now, I’ll ask you, how many tens of thousands of these vehicles were supposed to have been sold by now? Well, I’ll answer you: SEVERAL! And yet this recall notice shows just how unpopular this product is, even though I can think of at least four huge subsidies the government grants to its owners.

Oh, but what’s this, it’s a non-crappy electric car what’s cheaper than anything from Coda. It’s a Nissan Leaf, which the Coda people have been criticizing for years. Oh well. Anyway, adorable, non?

BTW, 35,000 LEAFs have been sold so far, worldwide.

So, CODA, why don’t you take your assets and try to give them to the govmint to make up for all that you have cost us?

Solyndra shut itself down, so can you!

*This recall is a nothingburger, really. I mean, my giant Toyota doesn’t have side-curtain airbags and nobody’s recalling it, right? The recall notice is important because it gives us a clue to CODA’s abysmal sales….

Apparently, Nobody Wants to Buy the All-Electric CODA Automotive Sedan for $40K – Layoffs at Benicia “Assembly” Plant?

Friday, July 20th, 2012

I’ll tell you, the process of taking a very tired gasoline-engined Mitsubishi / Volvo economy car and plopping in a battery and an electric motor isn’t going so hot for CODA Automotive.

Get the updates here.

Click to expand

Nobody’s buying this car.

Nobody’s releasing sales numbers for this car.

But, here you go, have at it and buy one today – I don’t care.

The “Bay Area-Made” Coda Automotive Electric Car Finally Gets Its Big Review in the New York Times – Uh Oh!

Thursday, July 5th, 2012

Well, here it is, from the NYT’s Bradley Berman – it’s the big review of the little POS electric car that’s actually made in China but final-assembled in troubled Benicia, way out there in the eastern part of the North Bay.

Here’s your warning that things aren’t going so hot:

“The company even brought its chief executive from China. Coda hired Philip Murtaugh in 2011, a former top executive at the Chinese operations of General Motors and Chrysler. At the 2011 Los Angeles auto show, Mr. Murtaugh expressed concern over the reception for the car’s styling in the American market. First produced nearly about a decade ago, it gives the impression of a knockoff copy of a Y2K Nissan Sentra or Honda Civic. “The vehicle was chosen three years ago,” he told me. “I came in nine months ago. We couldn’t change it.

So, the reason why your state-subsidized vehicle sucks is Somebody Else’s Problem?

And then there’s this, the primary selling feature in some of the Coda ads, the large trunk:

“Yes, the trunk is cavernous, but I would gladly give up three inches of trunk depth for more legroom in the back seat.”

(The reason why the trunk is so big is that the Coda Sedan is actually a two-decade-old Mitsubishi Carisma designed for the European market, which, at the time, was in need of a little car with a big-ass trunk. Things didn’t work out, so the factory was shipped to China. I’m srsly.)

OK. Moving on.

To this:

“…difficult to accept the shortcomings of the Coda at its current price, despite its ability to grant 100 miles on a single charge.”

Yep.

Here it is. Actually it looks more like a 1992 Honda Civic 4-door sedan with giant aftermarket wheels, to my eyes: 

I’ve been telling you about this venture, this unholy alliance of Goldman Sachs execs (the people who brought us the failed WebVan, srsly, the same exact people), assorted federal government hangers-on (bureaucrats who know nothing about cars, electricity, or batteries or whatever), the People’s Republic of China, and other ne’er-do wells, for years now.

And then when the car comes out and its time for the Big Review from the sainted NYT (which had been pretty positive on this issue of this piece of junk), Coda Automotive gets a thumbs down.

Oh well.

That’s not much to show considering all the government subsidies this company is getting.

(And, mind you, this is after they lowered the MSRP down from the originally-planned $45,000(!), as I and host of others (the so-called haters) have been suggesting for a good long time.)

But at least twenty people in Benicia have jobs at the final assembly plant what are paying In-and-Out level wages….

Burn: New UCLA Study Concludes California High Speed Rail Offers No Net Economic Benefits – “Simply Moving Jobs Around”

Friday, June 22nd, 2012

Well this one is hot off the presses of the UCLA Anderson Forecast:

California High-Speed Rail and Economic Lessons from Japan

Jerry Nickelsburg
Senior Economist
UCLA Anderson Forecast

Saurabh Ahluwalia
Anderson School of Management
UCLA

June 2012

Here’s the start and the end – you’ll have to click above to read the whole thing.

“California High Speed Rail (CHSRL) is once
again in the news as the governor and state legislature
take up the issuance of construction bonds approved
by the voter passage of Proposition 1A of 2008.
Under “project vision and scope” on the CHRSL Authority
website are listed three categories of benefits:
economic, environmental and community.

In this article we focus on the economic benefits.
Specifically we look at economic growth and,
by implication, job creation. That is to say, we are
examining the benefit side of the equation and leaving
the cost side to other analysis.

Though CHSR Authority has developed and vetted a forecasting
model and has commissioned a number of economic
impact studies, these rely on relatively strong, though
perhaps plausible, assumptions. As an alternative,
we examine an actual case of high speed rail, one that
has been widely deemed a success, for evidence of
the magnitude of benefits measured by induced GDP
growth that one can expect from the building and
operation of CHSR over the next 40 years.
Our study of the Japanese Shinkansen system
from 1964 to present fails to provide evidence of
induced aggregate growth.

Rather, the evidence suggests high-speed
rail simply moves jobs around the
geography without creating significant new
employment or economic activity. That is not to say that
CHSR is not justified by population growth, pollution
abatement, or other factors. However, the evidence
from Japan is relatively clear. As an engine of
economic growth in and of itself, CHSR will have only a
marginal impact at best.

Governor Brown claims CHSR to be a visionary
project along the lines of the U.S. Interstate Highway
System, The California Central Water Project, and
the Panama and Suez Canals. As with these projects,
Governor Brown claims HSR will result in job
creation, economic development, particularly in the
Central Valley, the accommodation of population
growth and a cleaner environment.
The California High Speed Rail Authority
(CHSRA) has a set of studies demonstrating a sufficient
benefit cost analysis, a business plan that claims
operating costs will be covered by setting prices at
the currently charged airline prices for travel between
Los Angeles and the Bay Area.

The principal economic benefits cited by the CHSR Authority are the
creation of 100,000 construction jobs for the duration
of the project, operation and maintenance jobs for
the running of the trains, and the creation of 450,000
jobs and faster economic growth as a benefit of the
existence of the rail lines.

But, critics of the business plan abound. The
Board of Supervisors from both Tulare and Kern
Counties, counties who would presumably benefit
from the increased connectivity and economic growth
potential of CHSR voted their opposition to the program
as “currently constituted.

Moreover, questions have been raised about construction costs and timing,
environmental impact, operating costs and ridership
forecasts.

The State Legislative Analyst’s Office,
while not taking a position on the desirability of
CHSR, has critiqued the decision making process and
the quality of information available for legislators to
properly evaluate the issue.

 

 

Conclusions
In this study we have looked for, and failed to
find evidence of economic development that could
be clearly identified with the introduction or
operation of high-speed rail in Japan. This is surprising
because, at least for the Tokaido Line, conditions
were ripe for economic development. To be sure the
prefectures along the Tokaido Line grew. The late
60s and early 70s were a period of transformation and
growth throughout Japan. But the data don’t admit a
clear story that high-speed rail was in and of itself a
differentiating contributor.

Is it possible that absent high-speed rail Kanagawa
Prefecture would have grown more slowly? That
is an experiment that can never be performed. But
when we keep in mind that Japan’s growth in the 60s
and 70s were due to exports of goods and Kanagawa’s
main city, Yokahama, is a major port city for the
Tokyo area, it is easy to conclude that the economic
growth would have occurred with existing low speed
rail and truck transport.

The lessons for California are two-fold.

First, high-speed rail tends to create sprawl as it lowers
the cost for commuters and makes more far-flung
locations possible bedroom communities. This may
be considered a benefit by some and a detriment by
others.

Second, the claims that a multiplier effect (or
economic development effect) of 450,000 jobs as a
result of the introduction and operation of CHSR are
not likely to be realized. There may be good reasons
to invest in CHSR including the possibility that
CHSR is the optimal infrastructure investment for a
growing population; but the economic argument, the
jobs argument, does not seem to stand on very solid
ground.

Hey Lawyers, Here’s a Gig for You! Get Paid Six Figures to Represent Indebted California Culinary Academy Grads

Wednesday, June 13th, 2012

Hey, remember Amador v. California Culnary Academy?

Good times.

Well they’re still doling out the cash on this one, so why not get some of it?

Now I’ll tell you, the only worser idea than going to law school these days (ooh, that link is a bit much, non?) is going to cooking school, am I right, GF? So why not use your JD to help the poor souls who were misled by the California Culinary Academy?

It’s a win-win, baby! Get all the deets below.

Sure, cooking school can be sexy, but does it pay off? 

This job is new, this job is you, Counselor:

“Senior Counsel and Director of Legal Aid Firm (downtown / civic / van ness)

This is an opportunity to found a legal aid organization. In Amador v. California Culnary Academy, students alleged they were led to believe the $46,000 12-month culinary education they received would make economic sense based on their post-graduation job opportunities. For most students that proved untrue.

In connection with the $41.8 million class action settlement of the case (judgement is expected to become final later this month), $2 million has been earmarked to provide student-debt-related services to class members. These class members need help dealing with their creditors. The director will set up and manage the firm under the oversight of the trustees of the fund, Ray E. Gallo and Robert W. Mills. The objective is to effectively manage and compromise the class members’ debts by all legal means. Also, through other fundraising efforts, we hope this new firm may live beyond its $2 million founding budget to become the first agency to focus on providing remedies to the economically disadvantaged when they suffer consumer-related tragedies like those at issue in Amador.

The ideal applicant is an attorney with 10 or more years of experience who enjoys being in a courtroom and has significant experience supervising other lawyers and staff members. Big firm training and top 10 schooling are preferred, but anybody smart and scrappy is welcome to apply. This will be a small firm environment, and effective use of technology will be essential, so you should be someone who welcomes those things.

The job may be available as early as July 1, 2012 and requires a commitment of at least two years. The location of the firm will be determined in consultation with the Director once hired.

Please submit cover letter, resume, writing sample, and salary history by email. Potentially qualified candidates will be asked to complete online assessments.

rgallo@gallo-law.com

  • Compensation: $100,000 to $200,000 (negotiable, DOE, etc.)
  • This is at a non-profit organization.
  • OK to highlight this job opening for persons with disabilities
  • Principals only. Recruiters, please don’t contact this job poster.
  • Please, no phone calls about this job!
  • Please do not contact job poster about other services, products or commercial interests.”

Pure Class: “1048 Folsom, Members Only”

Wednesday, May 2nd, 2012

See?

Click to expand

First I was thinking GAY SEX CLUB.

But then I was thinking, oh, FILIPINO SENIOR CENTER.

But now I’m thinking GAY SEX CLUB posing as a FILIPINO SENIOR CENTER.

That’s the ticket.

WebVan 2: Uh, How Many People are Working at CODA Automotive’s NorCal Assembly Plant in Benicia – Is It 20-Something?

Wednesday, April 18th, 2012

Ah, let’s check in with Goldman Sachs-backed CODA AUTOMOTIVE.

1. OK, has the Wikipedia entry been scrubbed of any negative information? You, Gentle Reader, make the call. (The context is that the battery capacity and range claims made these past months and years aren’t coming true but there’s no mention of these things in Wiki, oh well. Wiki’s good for Coda though, cause their people can just pop on in and change things to erase history.)

2. Hey, how’s that Music Man act going over in Ohio, Coda? Not good, it seems. Coda, you’re the worst company ever

3. But now come the long-promised “green jobs” to the North Bay region of the Bay Area. What was the promise, that there’d be 50 to start and 200 soon thereafter? Well, take a look at the help wanted pages, below. A couple-dozen people slapping a direct-from-China battery into a direct-from-China car does not an American car factory make, right people?

Anywho, Gentle Reader, if you want to get up to speed on the crappiest, broken-promisest electric car company in the world, click here and keep reading.

Oh, but what’s this, it’s a non-crappy electric car what’s cheaper than anything from Coda. It’s a Nissan Leaf, which the Coda people have been criticizing for years. Oh well. Anyway, adorable, non?

Oh, back to Coda now.

Here’s your peek into the what’s going on in Benicia.

TTFN.

“Job Description

A full-time position is available, with immediate effect, for a Production Manager.

ABOUT CODA AUTOMOTIVE:
Headquartered in Los Angeles, California, CODA Holdings is a leading developer of advanced Lithium-ion power battery systems comprised of three key divisions: CODA Automotive, CODA EV Propulsion Systems and CODA Energy. Together with its JV partners, CODA is working to reduce dependence on oil and leading the way to a cleaner future through its electric vehicles and stationary energy storage products. With segment leading range, the CODA vehicle is a zero emission four-door, five-passenger sedan with a full-size trunk that is designed to meet American drivers’ daily transportation needs. For more information on the CODA, visit www.codaautomotive.com.

JOB DESCRIPTION: The Production Manager will be located in Benicia, CA. and will manage the final assembly process. The position will be responsible for managing a dynamic repair process that in NOT paced by a conveyor line.

RESPONSIBILITIES:
• Inventory control – Manage & replenish all planned components and supporting repair parts
• Develop Process Sheets for Assembly Processes and Repair processes
• Communicate and elevate quality issues to China Assembly, Engineering, Supply Chain and the field service organizations
• React quickly to Field Service Customer issues and institute immediate countermeasures
• Oversee the Contract Assembler Financial invoices and verify correct charges
• Proactively work with the Contract Assembler to continuously improve quality, velocity of units through the process and reduce the total costs
Supervise 2 Salary employees and indirectly manage 20 contract assemblers
• Manage Vehicle inventory and the process flow
• Contribute, Lead and instigate team problem solving at all levels
• Constant training for all team members to ensure assembly and repair proficiency
Challenge Contract assembly company for continuous improvement in Quality, Through-put and Cost reduction.

Desired Skills & Experience

• Bachelors Degree: Technical or Business, preferred
• Automotive Floor leadership experience. required
• Strong leadership skills
• Dynamic and engaging communication style
• Manages ambiguity well – must be able to find a process in an asynchronous flow
• Excellent Problem Solver
• Strong Financial Acumen
• Experienced trainer of teams
• Lean manufacturing and team style of manufacturing processes and culture

TO APPLY:
Please submit your cover letter with salary requirements and resume via our corporate website.

Kindly respect our recruitment process and do not use any other method to apply. Thank you in advance for your attention to this important detail. Only qualified candidates will be contacted for preliminary interviews.

Job Location: Los Angeles, California

Company URL: http://www.CODAautomotive.com

CODA Automotive is an Equal Employment Opportunity/Affirmative Action Employer

The policy and practice of CODA Automotive require that entry into employment and progression within employment will be determined only by personal merit and the application of criteria which are related to the duties of each particular job. Subject to statutory provisions, no applicant or member of staff will be treated less favorably than another because of his or her gender, marital or civil partnership status, sexual orientation, religion or belief, racial group, age or disability. In all cases, ability to perform the job will be the primary consideration.

TO ALL RECRUITMENT AGENCIES:
CODA Automotive does not accept agency resumes. Please do not forward resumes to our jobs alias, CODA Automotive employees, or any other company location. CODA Automotive is not responsible for any fees related to unsolicited resumes.

Company Description

Coda Automotive is a manufacturer and distributor of all-electric, zero-emissions cars and battery transportation systems. Formed under the stewardship of entrepreneur Miles Rubin (known for his marketing and sales of neighborhood electric fleet vehicles under the Miles Electric Vehicles brand) in 2009, Coda engineers, brands, markets and distributes electric vehicles. The company’s manufacturing partnership strategy allows Coda to avoid the traditionally capital-intensive nature of the automobile business. Coda Automotive’s first vehicle, highway commuter sedan, is now being delivered to California consumers.”