Blogs

newsobserver.com blogs

ABB's Raleigh team will research recycling electric car batteries

ABB, maker of heavy duty electrical equipment, will work with General Motors to develop secondary uses for electric car batteries.

ABB's portion of the work will be handled out of its research center at N.C. State University's Centennial Campus, said spokesman Bill Rose.

The lithium ion batteries that will power the Chevy Volt and Nissan Leaf have an estimated life span of about a decade. Though they will be able to hold an electric charge, over time they will drain more quickly and become less efficient, requiring replacement with fresh batteries.

The "spent" electric batteries could supply the missing link in the nation's power grid by providing a system for storing power, a technology that has so far eluded scientists and the power industry.

GM expected to reinstate some N.C. dealerships

Up to 25 GM dealers in North Carolina that had been slated for closure could get a reprieve under a reinstatement plan General Motors announced Friday.

N.C. dealers have already begun to get phone calls from GM officials about reinstatement letters that could start to arrive this week, the N.C. Automobile Dealers Association announced today.

The exact number hasn't been released, but GM reported Friday that it planned to keep open 661 of the 1,160 dealers it had expected to shut down across the country. The automaker continues to revamp its business after seeking bankruptcy protection and was facing arbitration fights with some dealers.

About 50 GM dealerships in North Carolina closed last year or were scheduled to close soon. About 20 to 25 of those are expected to be offered their GM franchise agreements again, the state dealers' trade group said.

"This is huge for those North Carolina dealers who are being reinstated," said president Robert Glaser, in a prepared statement.

Saturn of Cary to close Feb. 28

Saturn of Cary will become the area's first Saturn dealership to close, leading up to the elimination of the Saturn brand by General Motors later this year.

The final day of business for Saturn of Cary will be Feb. 28, said sales manager Tommy Pearce.

All of the service equipment and about half of the dealer's employees will be moved to Saturn of Raleigh, which will remain open until October, when GM officially shutters the division. The other 10 or so employees will either be offered jobs at other Saturn dealerships or be laid off, Pearce said.

Service appointments will continue at least through this week, Pearce said. Following the closure, customers will be referred to the Raleigh store for service.

The changes are coming as the result of GM's decision last fall to shut down the Saturn division, following a failed attempt to sell the brand to Penske. 

"Our customers are not happy with the situation," Pearce said.

UNC's Bowles' retirement plan not a surprise

UNC system President Erskine Bowles' plan to step down at age 65 is no surprise to those who hired him.

Bowles, whose plan was reported Sunday in this story and this related interview transcript, told his bosses with the UNC system's governing board from the start that he would likely follow the tradition set by past university leaders and leave at that age.

"He has said from the very beginning that is what he intended to do," said Hannah Gage, chairwoman of the UNC system's Board of Governors. "He has been very open to everybody about it. It's not a surprise to us."

Following that timeline, Bowles, 63, would be gone in two years. Bowles began work Jan. 1, 2006,
succeeding Molly Broad, a career higher education administrator who
headed the system for eight years.

In a long interview last week with a News & Observer reporter, Bowles spoke of his role as a "change agent" for the university, a demanding leader who presses people hard.

"I’m a pusher. I’m a driver," he said. "And you can only take so much of that. Really, they’ll need a kinder, softer person. I would imagine I’ll be there another year and a half or so."

Bowles came to UNC with no background in higher education. A former White House Chief of Staff under President Clinton, Bowles has decades of experience in investment banking and brought a businessman's eye to the running of the state's universities.

And though he had no experience with tuition rates, public university budgets or academic planning, he has impressed staffers with is ability to learn on the go.

"The man has incredible intellectual capacity," said Rob Nelson, the UNC system's vice president for finance. "I've worked for a lot of people in 30 years in state government. I"ve never seen anyone devour numbers the way he does."

Gage, chairwoman of the UNC governing board, said she expects Bowles will face some opposition as his 65th birthday approaches.

"He drives himself hard, and everyone he works with, he drives hard. But contrary to what he says, I don't think he will have worn out his welcome," Gage said. "We would all be thrilled if he changed his mind, and I think people will try to convince him to do that."

A Q&A with UNC's Bowles

In today’s News & Observer, we have a long story about Erskine Bowles and how busy he is.

Okay, that’s simplifying things a bit.

Bowles, 63, is president of the UNC system, a far-flung empire stretching from North Carolina’s mountains to the coast. He oversees 17 campuses, a $2 billion budget and the educations of more than 215,000 students.

But in his spare time, this former White House Chief of Staff is one of 12 corporate titans charged with overseeing General Motors. He’s also one of 12 members of the board of directors in charge of Morgan Stanley, the financial services giant.
And he’s one of nine members of the board charged with oversight of Cousins Properties, a real estate investment firm.

That’s an automotive company, a bank and a real estate firm — three of the industries primarily involved in the nation’s ongoing economic struggles.

So that got us to wondering about how Bowles manages all these responsibilities, and whether his corporate involvements infringe upon the time he spends managing the UNC system.

As part of our reporting,  Jonathan B. Cox sat down with Bowles and talked at length about these issues.  Bowles related some interesting tidbits, including the possibility that, a year or two from now, UNC leaders may be looking for his successor.

Here are excerpts from that interview.

UNC's Bowles off GM Board

UNC system President Erskine Bowles has offered to step down from the General Motors board of directors, according to a Bloomberg report.

Bowles' resignation is prompted by the Obama administration's request that GM CEO Rick Wagoner step down along with a majority of board members.

Bowles, the former White House chief of staff under President Clinton, joined the GM board in 2005. 

He has held the UNC presidency since 2006.

Cars View All
Find a Car
Go
Jobs View All
Find a Job
Go
Homes View All
Find a Home
Go

Want to post a comment?

In order to join the conversation, you must be a member of newsobserver.com. Click here to register or to log in.
Advertisements