Posts By: Bertel Schmitt

By on April 2, 2010

It’s that time of the month again: In the first days of the month, market observers in China eagerly await the GM China sales number. GM usually is first to report. What’s more, GM is the canary in the (ooops) Chinese coal mine, a very good indicator for the overall market. Looking back at March, that canary happily tweets that GM’s March sales in China, including Wuling vans, accelerated 68 percent to 230,048 units. Shanghai GM’s sales of Buicks, Chevys, and a few Cadillacs rose 89 percent annually to 86,967 units. That according to Associated Press. This is another record Middle Kingdom month for GM, the 15th in a row, and it indicates a March surprise for the Chinese market. (Read More…)

By on April 1, 2010

Today, we were following Automotive News [sub] as they were filling their developing table of March 2010 sales. With all precincts having reported, the final number is +24 percent. But remember: We are comparing with the worst of carmageddon. At least, it looks like we are slowly turning the corner.  However, the Chinese are way ahead of US. Data after the jump … (Read More…)

By on April 1, 2010

Dang! Daimler thinks of “moving several key divisions from Berlin to its headquarters in Stuttgart to cut costs,” reports Bloomberg. There goes another source of inside intelligence: One just had to hang out at the bar of the Hyatt next to the Daimler Quartier at the Potsdamer Platz, and when there was absolutely no info to be written for TTAC, a few drinks later, we had some. The flip charts in the conference rooms of the Hyatt also were fertile grounds: They always forgot to remove their scribblings. Where will we get future sales strategies from now on? Ah, the good old times …. (Read More…)

By on April 1, 2010

Speaking of car sales in the Far East, the whisper number for China points to another solid month when March sales in the world’s largest car market will be announced next week.

Analysts surveyed by Reuters are expecting a 30-40 percent rise in sales of passenger vehicles for March. (Read More…)

By on April 1, 2010

Shanghai is gearing up for the Expo 2010, which is supposed to drive millions of visitors to the sprawling Chinese metropolis from May through October. The whole city is being refurbished. Shanghai’s Hongqiao airport received a spanking new terminal. Shanghai’s Finest don’t want to be left behind. (Read More…)

By on April 1, 2010

Today is a big day. It’s April Fools Day. March numbers of U.S. auto sales will come out (we’ll get to that later.) Also, it is the beginning of one of the many Japanese oddities, called the fiscal year. The Japanese fiscal year spans from April 1 in the current year to March 31 in the next. So as far as the Japanese fiscal year is concerned, today is New Year! And it’s time to look back at Japanese auto sales. For the first time in what seemed to be an eternity, we can look back at Japanese auto sales without tears in our eyes. Or with gnashing teeth, depending on which side we’re on: Sales are up! Honto? (Read More…)

By on March 31, 2010

Japan appears to get extremely serious about all-electric cars. What stands in the way of their success? Apart from the price (we’ll get to that later:) It’s the infrastructure, stupid. Fabricating, fuelling, and fixing an ICE-powered car is supported by an infrastructure that had more than 100 years to grow. Keeping a plug-in running needs an infrastructure to guarantee mobility away from the charger at home. Japan’s Environment Ministry teams up with Nissan, Sumitomo, and other companies to build the infrastructure for electric vehicles, reports The Nikkei [sub]. (Read More…)

By on March 31, 2010

Ed Niedermeyer is probably too humble to say it, so it’s left for me to say: TTAC has been doing exceptionally well over the last few months. Thank you.

Yesterday was another record day: 122,000 views. Thank you,  Jack Baruth for having written the 2011 Mustang review. It pulled in readers in droves. (Today’s Mustang GT review is developing into another scorcher. And thank you, Ford, for making the cars available.) Thank you, Paul, for writing another classic curbside classic about the Honda Prelude, and about the illicit substances you had sworn to keep away from your son. Thank you, Paul, for writing the runner-up traffic generator, about Honda’s high-revving, mid-engined whacky pick-up.

As you see, the most read topics on Thetruthaboutcars.com are as eclectic as our readers. Which brings me to the secret of TTAC’s success: (Read More…)

By on March 31, 2010

While others have a bit prematurely called for a Toyota death-watch, we’ve been following the story of comeback kid Toyota for a while. In Japan, ToMoCo’s production, domestic sales, and exports are solidly up. In the U.S.A., where Toyota had taken the biggest recall-pummeling, Edmunds predicted a 37.1 percent rise over March 2009. Looks like their crystal ball is in fine shape. Expect Toyota to surprise when March numbers come out. (Read More…)

By on March 31, 2010

Suzuki is saying sayonara to plans of hybrid and V6 equipped versions of their new Kizashi sedan. It’s not that they are against those mills. They just don’t like the company that makes them. That company is GM. (Read More…)

By on March 30, 2010

Unheard-of  news are emanating from Rüsselsheim. So unheard-of that Automobilwoche found it necessary to send out an Extra! Extra! Lesen Sie all about it e-mail to its subscribers: GM’s Opel, the very same company that wants to shed 8,000 of its 48,000 jobs in Europe, is short of people. They are hiring! One reason: Jobs are being exported from the U.S.A.  to Europe. (Read More…)

By on March 30, 2010

Yesterday, Chinese site auto.sina.com had what our Ed Niedermeyer called “a belly-laugher of a wild-ass rumor: they say BYD has its eye on Daimler’s zombie luxury brand Maybach.” Funny as it may be, media all over the world jumped on the story. Now, the story is heading right to Snopes. After what must have been a round of heated phone calls between Stuttgart and Shenzhen, Daimler denounced the dumb-ass tale: (Read More…)

By on March 30, 2010

While India is still waiting (and waiting, and waiting) for volume production of their ballyhooed Nano, the cars-for-pygmies segment is in overdrive in neighboring China. It’s hard to keep them apart. When Chery launched the QQ in 2003, taking a bit more than just design cues from the Daewoo Matiz (a.k.a Chevrolet Spark) Car and Driver called the QQ a “carbon copy.” GM called their lawyers. After three years in court, the spat led to nothing, except that Chery can’t sell cars in the US under its own name due to the similarity between “Chery” and “Chevy.” In the meantime, the QQ is a runaway hit in China. Hits attract admirers. There’s a new copy in the house! (Read More…)

By on March 30, 2010

A few weeks ago, we reported that the commerce bureau and consumer protection committee of China’s Zhejiang Province’s called on Toyota to compensate drivers for costs stemming from its recall of the RAV4. The bureau wanted that Toyota supplies loaner cars while the RAV4 is in the shop (Toyota says the reflash takes 30 minutes.) The Chinese also suggested that Toyota compensates drivers for gasoline and other expenses involved in bringing cars back to dealerships. At the time, Toyota had a polite “no thanks,” for the request. Now, Toyota changed their minds. They will pay. (Read More…)

By on March 30, 2010

There is a new Japanese bride on the Match.com equivalent of the international auto business. It’s Mazda. Despite pronouncements that Mazda’s “strategic alliance with Ford will remain unshaken” (as uttered at a Monday press conference by Mazda Executive VP Masaharu Yamaki,) everybody who knows the business knows: The bloom is off the rose between Mazda and Ford. What’s more, Mazda is on the prowl to do some nampa with another potent partner. Who will it be? (Read More…)

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