PSA Peugeot Citroen doesn’t just have problems selling its cars lately. It also has problems selling its stock. To move the paper, a tried and true tactic is employed: Cash on the … where do you put the cash when you sell shares at a fire sale deep discount? (Read More…)

The Volkswagen Group Night may sound like a swing party holdover from the good old days at VW, but it’s not. It’s the Geneva Motor Show pre-party. Everybody who is somebody must be seen at this event. Cars are also shown. Here they are. (Read More…)

“This is Infiniti’s design language for the next 10 years to come,” says Francois Bancon, and points at a laptop that shows pictures and strategy of the INFINITI EMERG-E, a concept car that debuts today in Geneva.

We are in Yokohama, on the fifth floor of Nissan’s corporate world headquarters, while Infiniti’s first range extended mid-ship concept sports car is unveiled in Switzerland. It is there, I am told “to provide a glimpse into Infiniti’s future.” The future is undecided. This car may, or may not come.

The design of the car oozes seductive sex. That, thankfully, will rub off on the whole Infiniti line, I hear.

Will the Emerge lead Nissan to a range extended future? “Not necessarily,” says Bancon, with the best sybillinic smile he can muster. (Read More…)

Global sales of Daimler’s Mercedes-Benz car brand rose a whopping 20.3 percent in February compared to February 2011, Reuters says. A lot of this growth comes from a country already pronounced a basket case by some: China.   (Read More…)

Every country and culture seems to have to go through its fads and fashions. China does it at breakneck speed. Last year, it was gold. Now, the Bling Dynasty is succeeded by The King. Elvis-style pink cars suddenly are all the rage, and who else than Carnewschina to keep track of them? Don’t fancy Chinese and The King? There you go: Suddenly, cars are pinkos in Red China. (Read More…)

The two-by-four, the 4×8 plywood sheet, the standard brick: Without standardized building materials, building houses would be a mess. The car industry is in that kind of a mess (more or less.) To get out of the mess, to shorten development times and to lower cost, just about every large automaker is on some kind of a standardization drive. Usually, these standards won’t go beyond the company, even alliances have problems agreeing on a common standard. When Nissan unveiled its Common Module Family (CMF) last Monday at its R&D  center in Atsugi, we asked whether this Common Module Family also would extend to Renault. After all, both companies had standardized on the same CEO. (Read More…)

The UAW and other unions are on the case of Honda, Hyundai, and Daimler again. They threaten to picket dealers of the carmakers, and to disrupt their stockholders meetings. (Good luck doing this in Japan, Korea and Germany.) What did Honda, Hyundai, and Daimler do now? They did nothing, and the unions say it’s an outrage. (Read More…)

Major carmakers around the world had their eyes on Hyundai’s growing muscle for a while. In the business, you call that benchmarking. Now, the benchmarking sensors sound alarm: Hyundai announced yesterday that its February global sales jumped 28 percent from a year earlier. (Read More…)

It looks like the German new car market decided: “Last year was nice. Let’s do it again.” For a few months, the German market had retraced the prior year. In February, the prior year number has been hit with 0.0 percent precision. (Read More…)

When Toyota announced an ambitious sales plan for 2012, and the intention to raise sales in Japan by 36 percent, a common reaction was: “Excuse me?”

In February 2011, sales of passenger vehicles excluding minivehicles had been down 14.3 percent. Sales in Japan had been down for most of the year, as a result of cut subsidies. When smaller inducements came back in fall, sales were up again. We are comparing with a low base. As matters are coming back to normal we better get used to a stretch of double digit gains.

Compared to the low base, Toyota’s plan is entirely doable. So far, the market complies and Toyota is on target. (Read More…)

The strong February was good news for the car industry, bad news for the analysts. Even the most optimistic prognosis could not withstand the mad February rush to buying cars.

February ended with a Seasonally Adjusted Average Rate (SAAR) of 15.1 million, something the world had not seen since carmageddon. Even the most optimistic analyst (and the winner of the February round of Grade The Analysts) would predict only 14.4 million. (Read More…)

Toyota says that a group of trial lawyers that sue Toyota for money “manufacture controversy where none exists and use media outlets like CNN as tools to serve their narrow, self-interested agenda.” Toyota thinks that “CNN is party of and party to an attempt by lawyers suing Toyota for money to manufacture doubt about the safety of Toyota’s vehicles in the absence of any scientific evidence whatsoever.”

Toyota makes noises that it may sue CNN. What happened? (Read More…)

We have been keeping one eye on the Nissan/Renault plans for low cost cars for a while. All indications have been that the alliance is working on a car that could sell in the neighborhood of $5,000 and still make a profit. The secret of doing this is spreading the development effort over as many units as possible.

Today, The Nikkei [sub] writes that Nissan will resurrect its Datsun brand in order to sell low-priced cars in emerging markets. According what the Nikkei “learned” without naming sources, the cars will initially be built and sold in India, Indonesia and Russia. Allegedly, Nissan hopes to “achieve annual sales of 300,000 Datsuns a year soon.” (Read More…)

Yet another hopeful maker of electric vehicles called it quits in Indiana. Bright Automotive of Anderson, Ind., announced this week that it will wind down operations after withdrawing an application for a DOE loan. This is the latest in a series of EV companies that went belly-up in Indiana, where Gov. Mitch Daniels had vowed in January 2010 to make the state “the electric vehicle state.” The Chicago Tribune lists the failed companies: (Read More…)

If you are thinking of buying some stock of an automaker, now could be a good time.  Not because of the strong sales. Because of dropping incentives, paired with strong sales. This indicates a strong first quarter, which should drive up stock prices. (Read More…)