Frank Greve’s “Taking Readers For a Ride” article told us a little bit about the priorities in he auto PR business. If you write for a buff-book, sugar will be blown up your anal orifice. If you are a blogger – tough noogies. That stance is utterly misguided and so past millennium, says someone who knows best. That someone is Scott Painter. Never heard of him? I’m sure you heard of TrueCar. Scott Painter is TrueCar’s founder. TrueCar and competitor Edmunds know the car business better than the manufacturers: Truecar and Edmunds predict monthly sales with razor-sharp accuracy, their analyses of transaction pricing and incentives provide unprecedented (and often unwelcome) transparency. Investor’s Business Daily had an interview with Painter. And what picture did he paint?
“Today, 98% of people who bought a car in the U.S. last month went online first. That is the reality and also the industry’s frustration.” (Read More…)
According to conventional wisdom, all cars in China are blatant copies of foreign cars. With the joint venture cars, that is certainly true. With some true red Chinese cars this is also sometimes the case. Now it seems that Chinese carmakers ran out of foreign victims and started to copy Chinese cars. Volvo is owned by China’s Geely, as we all know. Can you spot the true Volvo? (Read More…)
Except here, people are not kept around for months doing nothing . They are fired. This is China, not socialist Sweden. According to Chinacartimes, BYD announced that it will cut up to 1,800 members of staff, including underemployed 1,000 members of its sales team. (Read More…)
Our Chinese sales oracle has spoken, and it says that sales of cars in China are good. August sales numbers released by General Motors today indicate that China has left the doldrums behind and is revving up to its old double digit self. Sales of GM China and its Chinese joint ventures set an August sales record and rose 13.4 percent (compared to August 2010) to 205,885 units. (Read More…)
Yesterday, Bloomberg poured gasoline into the smoldering embers that used to be a Volkswagen-Suzuki relationship. Bloomberg said that Suzuki doesn’t want to talk to Volkswagen. The trouble is: Bloomberg most likely is wrong. Bloomberg and the world at large became a victim of Lost in Translation. (Read More…)
Yesterday, Sweden’s Dagens Industri reported that Saab would seek court protection today. We did not report it, because honestly, we are tired of the story. On the other hand, there were signs that things are heading to the court: Saabsunited tried its hand again on amateur spin and wrote that bankruptcy, should it happen, wouldn’t be all that bad: “It does NOT mean that SAAB is in any way dead tomorrow!” Glad this is cleared up.
This morning, employees of Saab were woken from sleep (they’ve become used to sleeping in since April) and called for an all hands meeting at 12 noon. At the meeting, they heard: (Read More…)
After checking the telemetry, and posing for a group shot, it’s official: The Lexus Nürburgring-enhanced LFA did the now common 20.6 kilometer “sport auto” lap of the Nürburgring Nordschleife in seven minutes, 14.64 seconds. That’s a hair better than the Donkervoort D8 RS, which completed the same course in 7:14.89 – 5 years ago. It is also the best time amongst the bona-fide production models. Better than the Nissan GT-R (7 min 24 sec), better than the Chevrolet Corvette ZR1 (7 minutes 19 sec), better than the Porsche 911 GT2 RS (7 minutes 18 seconds). (Read More…)
Reuters is widely considered the best in the business when it comes to the auto beat. They were that before Paul Ingrassia joined Reuters as Deputy Editor-in-Chief. That someone who won the Pulitzer-prize for his coverage of the turmoil at GM took the helm at Reuters only made their coverage better. Amongst the Tokyo auto press corps, Chang-Ran Kim of Reuters reigns supreme.
However, even the best journalists can become a bit territorial, and an aging TTAC blogger who air-drops into Tokyo every other month can become an irritant. After a little back and forth ribbing, we decided: “Let’s settle this like, well, persons.” And a grudge match was arranged:
Ran Kim of Reuters races BS of TTAC. Full race coverage after the jump …. (Read More…)
If you look at Nissan’s performance in China, you won’t see anything of the lackluster growth of the overall Chinese market. Nissan announced August sales of 94,700 units in China, up 26.1 percent from a red-hot August 2010. While the Chinese market is waddling like an uncooked Beijing duck, Nissan China recorded the fourth double-digit monthly sales growth in a row. (Read More…)
Today, the 7th generation Camry was shown to the Japanese press in Tokyo. It was weeks after the new Camry had been shown in the U:S. and tested by the creme de la TTAC. Actually, it feels like Japan was the last country to get a Camry launch. And honestly, the country deserves short shrift: Less than one percent of the total worldwide Camry production (692,000 in 2010) is sold in Japan. With 14 million made up to date, the Camry is one of the world’s best selling cars, and the Japanese snub their noses at it. More than half of the production goes to the U.S., 22 percent are sold in China, the rest of the world takes the rest. (Read More…)
While Jack is ranting about blackballing PR flacks and journos with pants on fire, let me warn against journalism by Twitter. Here is a prime example: Today, the interwebs are abuzz about a Lexus LFA setting a new Nordschleifen record. The source: A tweet by Chris Harris of EVO. He wrote: “LFA Nurburgring pack just did 7.14 lap of the Ring. That’s mighty fast.” And he followed it by a “Akira Iida was the man who did the LFA’s 7.14. Great time.” That may be the case. What is shameful is what was made of this tweet. (Read More…)
August usually is not a strong car selling month. Especially not in Germany, where everybody is on vacation. Nevertheless, BMW sold “significantly more than 100,000 units” in August, thereby breaking all its records for the summer month. “Business is better than we thought,” said BMW CFO Franz Eichiner to Germany’s FAZ.(Read More…)
A Brooklyn college student was pinned under a car that had crashed into his motorcycle. Rescue workers tried to free him with a hydraulic jack. When the car was 4 feet in the air, it dropped on the student. (Read More…)
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