The first generation Insight was a commercial failure. Eight years yielded fewer than 20,000 unit sold and a lingering doubt about the genuine interest in two seat commuter cars.
Honda tried again with the CR-Z, and apparently George Orwell’s early Animal Farm analogy about ‘four being better than two’ may be all too true for the American automotive marketplace.
Nobody wants an uber-frugal commuter car with two seats. It’s either four or no sale.
Opel must feel like someone who’s on his deathbed, surrounded by relatives who muse how much the organs will fetch. After we ran our piece on Detroit rumors about Opel and PSA, everybody started to weigh in on the issue. The recommendation by a Wall Street analyst that GM should “dump Opel” made headlines around the world. The Economist mused aloud what an “Opel-less future” would be like.
Even here in Chengdu, China, Opel was given up for dead. (Read More…)
How long does the typical Toyota Cressida last? Based on my recent surge in wrecking-yard Cressida sightings (this ’92, this ’84, this ’89, and this ’80) after decades of the Cressida being a once-every-six-months junkyard catch, I’m going to say that your typical Cressida lasts about 25 years, give or take a half-decade. Part of this longevity is due to the fact that few Cressidas are driven by leadfooted hoons (and those few have all had manual-trans swaps done by drifter types) and part is due to Toyota’s frighteningly good engineering and build quality during the late 1980s and early 1990s. Here’s a California Cressida that just made it to the quarter-century mark before its last owner gave up on it. (Read More…)
C.K. writes:
Dear Sajeev Mehta-
First the buttering up – have enjoyed your columns for quite sometime and glad to see a fellow Houstonian have success in the auto journalistic field. Writing you for some vehicle advice and to tell you my own quirky story. And sorry in advance, the email got kind of long. No worries if you want to skim! (Read More…)
Bad day for PSA and by association partner GM: PSA Peugeot Citroen will be dropped from France’s CAC 40 blue chip stock index, market operator NYSE Euronext told Reuters. To add insult to injury, the former blue chip will be replaced by a Belgian company, chemicals group Solvay. (Read More…)
There is one corner of the world where the glory days of General Motors are a reality rather than a memory; Uzbekistan.
Ford unveiled a number of new products at its European dealer meeting in Amsterdam, including new crossovers and an all-new Mondeo powered by a three-cylinder engine.
Germany hasn’t seen the double digit sales losses of other EU countries, but it isn’t walking on water either. August sales in Germany were down 4.7 percent on 226,455 units, says the KBA. For the first eight months of the year, sales in Germany now are 0.6 percent below the same period of the prior year. (Read More…)
Rubbing shoulders with industry types displaced to a Chinese city called Chengdu has its good parts. You hear stories you normally don’t see in a press release. An executive who works for the western partner of a large Chinese joint venture told me today that my story about Chinese interests killing the Opel deal between GM and PSA wasn’t true. At least not completely. As so often, in the denial was a much more interesting story. After another drink for encouragement, said executive told me very much off the record that GM is tired of the PSA deal and wants out. If that means leaving Opel for dead, so be it. (Read More…)
Auto makers in Europe are freaking out about excess capacity, but Honda can’t get enough of it.
The hordes of Chinese and Japanese reporters roaming the halls of the Chengdu Global Automotive Forum in Chengdu were not really interested in exports. They were sniffing blood. There are tensions between China, Japan, and a few other countries over some rocks in the sea. The rocks are called Diaoyu by the Chinese, Senkaku by the Japanese, and choice words by many others. Nissan’s COO Toshiyuki Shiga sat on the podium, next to the always photogenic Atsushi Niimi. The Japanese were flanked by a BAIC president and a Dongfeng CEO. The reporters wanted to know: How bad is it? (Read More…)
There is one thing about the Chinese car industry that can’t be said often enough: It is learning fast. A year ago, the recurring theme at the Chengdu Global Automotive Forum was brands, brands, brands. This year, nobody talks about new brands anymore. The only one who does is the CEO of Dongfeng, one of China’s largest automakers. He says last year’s brand binge was misguided, “irrational, incompetent, and immature.” (Read More…)
Renault has outmaneuvered partner Daimler, which didn’t have a prayer. Nissan CEO Carlos Ghosn handed Pope Benedict XVI (nee Joseph Aloysius Ratzinger) a new, fully sustainable electric popemobile.
It is unclear whether the public will see an emission-free pope. According to a Renault press release, the holy EV is for use when the Pope is travelling at his summer residence Castel Gandolfo. (Read More…)
The SUV arms race has been over for a few years now, with four-ton, leather-lined, full-framed trucks no longer appearing to be viable as the middle-class commuter machines they were during the SUV-crazed 1990s and 2000s. Oh, sure, you can still buy the things, but Times Have Changed. If we are to draw a parallel between the Golden Age of the Muscle Car (during which Detroit slapped off-the-shelf luxury-car engines and $27 worth of scoops and graphics on midsize commuter cars and made crazy money) and the Golden Age of the Big-Ass SUV (during which Detroit slapped off-the-shelf pleather and Simu-Wood™ trim and $27 worth of badging on full-sized work-truck chassis and made crazy money), then we are now in the SUV equivalent of about 1976. If so, this means that, in another decade or two, nostalgia for Navigators and Escalades will kick in, just as it did for GTOs and Super Bees in about 1985, and— just as with muscle cars— the love of these absurd luxo-trucks will take on symbolic connotations of past glory, an era before nanny-state killjoys, and so on. (Read More…)
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