If anybody harbored plans to kick Toyota in the shins and topple them from their top spot as the world’s largest automaker: Well, it didn’t work. Wags all over the world were predicting the worst for Toyota, but the numbers tell a totally different story. In the first five months of 2010, all units of Toyota produced 55.1 percent more cars worldwide than in the same period of 2009. The following table speaks for itself.
Europe is a bit hybrid-adverse and far removed from Japan, where the Toyota Prius has been leading the charts for the 12th month in a row. In a move to convert Europeans into hybrid-lovers, Toyota started production of their hybrid Auris in the UK. (Read More…)
Every day, German auto managers go on their knees and pray that the financial troubles in Greece, Spain and elsewhere continue. Why? The troubles keep the Euro low, and a low Euro is high octane fuel for German car exports. In May, German car exports rose 46 percent. For the first five months, German car exports are up 50 percent. Despite a lackluster home market, the German car industry is hitting on all cylinders: For the first five months, German production is up 26 percent to 2.3m units, driven mostly be strong demand from China and the U.S. However, red flags are going up. Literally. (Read More…)
American Audiphiles can rest assured that their future four-ringed purchases will be Made in Germany and not somewhere in what is sometimes euphemistically called “North America.” Plans to build an Audi plant over here have been put on ice for an indefinite period. Worries about a tainted Aryan Audi race (in the motorsports connotation, of course) can be put aside. “We don’t need an American plant to reach our goal of 1.5m Audis a year by 2015,” said Audi Boss Rupert Stadler to Automobilwoche [sub]. “We could build a car in the U.S. in six months,” said Stadler, referring to the VW plant in Chattanooga. “Building a plant somewhere in the boonies would take three years.” And what’s the real reason? (Read More…)
Germany’s Handelsblatt received rare access to the usually secretive Porsche patriarch Piech. The Chairman of the Volkswagen Supervisory Board has big plans for his family’s company once Porsche has been assimilated. Here is an excerpt from his list of Porsche Plans: (Read More…)
What are Geely’s plans for Volvo? Which cars will be built? Where and when? How many? Who will run the show? Where is the money coming from? These are just some of the questions government regulators want to know before they put their stamp of approval under the deal. We are not just talking Chinese regulators. European regulators need to give their nod also. For that, they need Geely’s plans. Some of them were leaked. Some of the leakage is quite explosive. (Read More…)
Toyota will supply small Subarus to Fuji Heavy, so that Fuji Heavy and Subaru can focus on midsize cars. According to information developed by The Nikkei [sub], “Toyota and Fuji Heavy intend to release a jointly developed sports car under their respective brands as early as the end of 2011.” If the Nikkei has its stuff together, then we might finally see the often delayed FT-86 next year. As a Toyota and a Subaru. (Read More…)
If checking whether your car has been recalled is part of your morning routine and civic duty, then you were greeted by the above message this morning. Defects appear to be contagious. The insidious part: The NHTSA recall database appears to be operational. You are left clueless about what is and what isn’t working. Troubles without a fix? Ghost in a machine? Is the database safe for us to use? (Read More…)
Daimler’s China business is getting increasingly important. Two series, the C-Klasse and the E-Klasse, are already being built in China at their joint venture with Beijing’s BAIC. Soon, there will be a third line, says Automobilwoche [sub]. Today, Daimler’s CFO Bodo Uebber did not want to deny that it will be the GLK compact SUV. Wait, there is more … (Read More…)
Volkswagen’s Chinese joint venture with FAW will announce a China-made Volkswagen CC next month. Two notable items: The launch ceremony will be on July 15 in Shanghai, right in front of the nose of Volkswagen’s other joint venture partner, SAIC. And the car will cost the princely sum of 320,000 yuan ($47,000) in China, if Gasgoo is correctly informed. That’s what a well appointed Audi A4L goes for. Volkswagen had been showing the car at Chinese auto shows for a while, whetting the appetite for a China created CC. (Read More…)
Hybrids are flying off the lots in Japan, with Toyota’s Prius leading the charts for the 12th month in a row. Before, that spot was taken by another hybrid, the Honda Insight. In the Battle of the Hybrids, Honda introduces a fighter that hits below the belt, at the wallet: Honda will launch a hybrid in Japan that will cost around $17,000 in today’s dollars, “making it the most affordable hybrid in Japan,” The Nikkei [sub] says. The Nikkei sees a hybrid price war erupting in Japan. (Read More…)
Further to Ed Niedermeyer’s comments on local content of cars, Toyota announces changes to the most precious content of all: Who’s in the top slots of their presences abroad. In one fell swoop, Toyota replaced leading positions in the U.S.A. and Europe with local content. (Read More…)
Better late than never: Fiat is betting big on their comeback in China. All eyes on their Changsha-based (read middle of nowhere) joint venture with Guangzhou Automobile Group Co (GAC). They are about to be open for business. Gasgoo says there will be three Fiat models, the first a newly designed mid-class sedan, codenamed C-Medium (any guesses?) If local media has it right, two Jeep-brand SUVs will also be produced in the new joint venture. Their codenames are SUV-3 and SUV-4 (any guesses?) (Read More…)
Ah, there’s nothing like a good old Chinese catfight over a foreign joint venture partner. Daimler’s Chinese partner BAIC (they build the E-Class and C-Class in Beijing) became increasingly green-eyed watching Daimler playing footsie with up-start BYD. Now, BAIC is throwing a fit.
Gasgoo says that BAIC might withdraw from or delay its planned acquisition of Fujian Daimler, and this could frustrate Daimler’s partnership with BYD. Why is that? (Read More…)
You thought the strikes that affected Honda and Toyota in China are over, and both are happily churning out cars again? That makes two of us. But we are mistaken. (Read More…)
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