Posts By: Bertel Schmitt

By on November 1, 2010

Meanwhile in India, things look much better. No total sales are in yet, but market leader Maruti Suzuki posted a 39 percent gain in sales to 118,908 vehicles in October from 85,415 a year earlier, reports The Nikkei [sub]. This was the strongest October in Maruti Suzuki’s recorded history. (Read More…)

By on November 1, 2010

As expected and predicted, October new car sales in Japan were a disaster. Japan’s domestic sales of new cars, trucks and buses declined 26.7 percent from a year earlier, down for the second straight month. Japan is going through a big withdrawal after the Japanese government withdrew incentives. (Read More…)

By on October 28, 2010

In a former life, I had worked a bit with J.D. Power. I knew them intimately. We had our issues. This is one of the few times I wholeheartedly agree with them. “Future global market demand for hybrid and battery electric vehicles may be over-hyped” is the conclusion of a new J.D.Power study, titled “Drive Green 2020: More Hope than Reality.” (Read More…)

By on October 28, 2010

Since I’ve been writing for TTAC, I have kept my eyes on exports from China, which according to popular wisdom, will take over the world. The truth about Chinese car exports is that they aren’t happening in the grand scheme of things. Keep that in mind when you will hear reports about skyrocketing Chinese exports. (Read More…)

By on October 27, 2010

Want a sports car, outfitted with an ejection seat, machine guns, radar and a nail-throwing machine? Too late. The silver Aston Martin DB5, driven by Sean Connery in Goldfinger, changed hands for $4.1m at auction today. (Read More…)

By on October 27, 2010

Herr Winterkorn is not backing off from the ambitious Strategie 2018. In eight years, Volkswagen wants to be the king of the hill, in all disciplines from making the most cars on earth to making the most money, from having the most satisfied customers to having the most brilliant ideas. Haughty hubris, you say? Winterkorn disagrees with you. “We are well-positioned to achieve the goals laid down in our Strategy 2018”, said Winterkorn as he presented the nine month interim report of Volkswagen today. (Read More…)

By on October 26, 2010

Since Sunday, a story made the news in Germany that a Ford Fiesta and a Peugeot 308 had been crashed by Germany’s auto club ADAC, with horrific results. Both cars come with a five star Euro NCAP rating. Hence, everybody wanted to know which of the cars failed badly. Now the auto club says: It’s not the cars that are bad. It’s the crash standards. (Read More…)

By on October 26, 2010

Rumors of  Tata’s Jaguar Land Rover (JLR) establishing production in China have been around for a while. With good reason, Jaguars and especially Land Rovers enjoy (fairly) brisk sales in China. Now, these rumors move into the realm of the definitive. (Read More…)

By on October 26, 2010

Daimler wants to drastically increase Chinese production, at the expense of their booming imports. Dr. Z. told China’s National Business Daily (via Gasgoo) that their joint venture with BAIC, Beijing Benz Automotive Co, will expand its production capacity to 200,000 units a year. What won’t make people back home happy: Daimler wants to reduce the proportion of imported Mercedes-Benz models in the Chinese market to 30 percent from 70 percent. (Read More…)

By on October 26, 2010

When people talk about red hot car markets, the usually mean BRIC: Brazil, Russia, India, China. Nobody ever mentions Indonesia. Indonesia? That island nation has some 235m people, three quarters the population of the U.S.A. But it’s very under-motorized. Last year, Indonesians bought only 486,000 cars, 20 percent less than in the year before. Indonesia’s car production is not much to write home about either. According to OICA, Indonesia produced 464,816 motor vehicles last year. In 2005, they made  500,710. So let’s forget about them, right? Not so fast. (Read More…)

By on October 26, 2010

Tata reiterated its threat to invest the the U.S. and Europe with their bargain-basement Nano car. At an event held today in Toyko, Tata’s Vice Chairman Ravi Kant said that “Tata Motors now plans to take it forward to the developed markets in Europe and in the U.S.,” The Nikkei [sub] reports. “Now plans?” (Read More…)

By on October 24, 2010

Carmakers around the world are falling into each others arms faster than after a speed-dating session. Some are more promiscuous than an avowed wife swapper. What is Honda, the #2 in Japan, up to? Especially after seeing a 35 percent drop in October, and that may just be the beginning of it.  Are they looking for some corporate nookie? Or will they remain celibate? The Nikkei [sub] had an interview with Honda CEO Takanobu Ito. Here are his most salient points, without any comments. (Read More…)

By on October 23, 2010

Want a free car? Threaten to burn a Quran, the holy book of Muslims around the world. It also helps if you are a Christian pastor, and you threaten to do it on the anniversary of 9/11. (Read More…)

By on October 23, 2010

While we are all waiting for Ed’s report on the Volt, let me waste some of your time by mentioning that GM will introduce  the thing in China some time in the second half of 2011. They already concede that it will be a flop. (Read More…)

By on October 23, 2010

Everybody, please help me out here and look out of the window: Is the sun rising in the west? No? Are clocks running backwards? No? Then WTH is going on? NHTSA Chief David Strickland praised, yes praised automakers for their dispatch on recalls, and wait until you hear this: Strickland gave a gold star to Toyota for its improvements. (Read More…)

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