Are you a top talent in the international auto market? Looking for a job? Why not give Brilliance a call? They are looking for 70 top talents globally, Gasgoo reports. Ever since Brilliance’s former General Manager Liu Zhigang and several other executives deserted to Huaitai Auto, there have been major openings at Brilliance. Qi Yumin, President of Brilliance Auto said that these positions will be filled. (Read More…)

There used to be a time when Japan exported cars. Now, they export car factories. Nissan has been on the forefront of this movement for a while. Now comes their biggest export deal: Nissan plans to double its capacity in China by 2012, writes Reuters. That would bring their annual capacity in China to 1.2 million units. (Read More…)

If you are one of the richest car executives of the world, if you have “about twelve children. You never can tell for sure”, if those children are from four different women (I did not say wives), and if you are 73, you slowly start doing some estate planning.  That’s exactly what Ferdinand Piech, Emperor of Volkswagen and Porsche, did. His heirs are livid. (Read More…)

As cars are becoming a commodity item, a rich Chinese (and there are a lot of them) needs something to set him apart from the riff-raff. Luxury cars are a booming business in the Middle Kingdom. In 2015, more than a million luxury cars are seen changing hands in China. The trouble is, nearly none of them are American. The Chinese luxury segment is all but exclusively dominated by German makes. China has become the world’s largest market for the Mercedes-Benz S-Class sedans. In the first eight months of the year, BMW sold more cars in China than in all of 2009. Audi is China’s volume leader in the luxury segment. And the Americans? (Read More…)

Oil and water supposedly don’t mix. Like a lot of conventional wisdom, this one is totally bogus. Without water, we wouldn’t have any oil. What do you think is in a supertanker when it goes back empty to Saudi Arabia or Prudhoe Bay? Water. It’s needed for ballast. Without it, the tanker would just pop out of the — water. About 60 million barrels of ballast water is shipped around the globe and is thrown away each day. Now, the Japanese have a better idea: They want to ship waste-water to oil-producing countries in the Middle East, and exchange it for crude oil. Say what? (Read More…)

Since I’ve been writing for TTAC, I predicted that Chinese interests will eventually go for GM, if and when price and time are right. GM already sells more cars in China than back home.  GM expects that huge business to grow by 10-15 percent next year. It stands to reason that China wants on (the) board. There has been talk about limiting the share of “foreign investors” in the GM IPO. “Foreign investors” of course are Chinese, and the true number of foreign investors interested in the GM IPO probably comes down to one: China’s SAIC, GM’s Chinese joint venture partner for 13 years now. And now it’s official. (Read More…)

Usually, people are worried about China stealing their vaunted trade secrets. Now they are shocked by the prospect that China might use less steel. Steel Guru, the go to site for the heavy metal crowd, is up in arms about a Bloomberg report that the Chinese may use less or lighter steel for their cars. (Read More…)

Germany doesn’t have an EV yet, but they already have a standard fort he EV plug. I would expect no less from my countrypersons. Before they do anything new, they first create a standard for it. Audi, BMW, Daimler, Porsche and Volkswagen have agreed to support a connector system for the charging of electric vehicles based on IEC standard 62196-2. The five German vendors invited utility providers and other OEMs to join the group. Given Volkswagen’s  monstrous market share in Europe, there won’t be much other choice for the juice. (Read More…)

If you think that China’s car market (they are expecting to sell between 16 and 17m units this year) is a bubble about to burst big-time, then GM will disagree strongly with you.  “The market is still quite solid. As you know this year is going to be a strong year. We will see continued growth next year, but growing at a range between 10 to 15 percent,” said Kevin Wale of GM China to Reuters. (Read More…)

Despite the worse than lackluster uptake of EVs in China, and disappointing sales of hybrids in the Middle Kingdom, companies and the government are still convinced that electric cars are the wave of the future. Toyota will join the fray and will introduce an electric vehicle in China, Vice Chairman Katsuaki Watanabe told The Nikkei [sub]. While announcing that Toyota will enter the electric vehicle market in 2012, Watanabe said, “we’re favorably considering a move into China as well.” It’s not that the market is screaming for plug-ins, or even hybrids. (Read More…)

Hyundai demands its fair share of a market that doesn’t exist. The Koreans are stepping up the development of EVs. Two days ago, Hyundai held a test drive event in the suburbs of Seoul. The invitees could drive a (blue is the new green) Hyundai BlueOn EV. The Nikkei [sub], who was invited, reports: (Read More…)

Now we know why ACEA took a vacation last month: To spare Europe the drama involved in an 18.6 percent drop in the month of July.  Compared to that, the 12.9 percent drop in August looks like an improvement.  Back from vacation, Europe’s (Automobile Manufacturers’ Association  ACEA reported numbers for both months today, and at first glance, they look horrible. (Read More…)

If you want to offer hybrid cars, but don’t have the money / time / run rate / wherewithal to do it yourself, who’re gonna call? Toyota. But who would have imagined that haughty Daimler picked up the phone, dialed 0081, and said: “Let’s talk?” Daimler considers joining the growing list of automakers that source their hybrid systems from Toyota City.  Toyota is in talks to provide technology and core components for hybrid vehicles to Daimler, after having been approached by the Germans, says The Nikkei [sub]. (Read More…)

The heavy handed attempts to put the Japanese car industry in its place were totally unnecessary. Japan is perfectly capable of doing this all by themselves, with the help of the Godzilla-strength yen.  Over the last issues, we have been chronicling the exodus of Japanese carmakers to lower cost countries with softer currencies. A trend even today’s yen intervention by the BOJ won’t stop. The last one we would have suspected of hopping on that bandwagon to cheaper shores was boutique carmaker Mitsuoka. But the purveyor of fine retro romance is also outta here. (Read More…)

Lawyers would have to do pro bono work, or subsist on doing divorces and writing wills, would it not be for Toyota. Toyota’s contribution to the world of jurisprudence is immeasurable. They are in a drawn-out lawsuit against their own (former) lawyer. And they are named in more than 300 federal and state lawsuits including proposed class actions over allegations that the vehicles suddenly accelerated and couldn’t be stopped. Toyota is trying to put the brakes on that. (Read More…)