Sales of imported cars set a 17 year record in Japan, with brands like Maserati and Volkswagen leading the way, with Bloomberg reporting that non-Japanese brands captured 8.8 percent of non-key car sales – the highest figure since records started being kept in 1989.
Fans of the W123 Mercedes better book the next flight to Marrakech. If the Moroccan government has its way, the country’s ubiquitous fleet of W123 taxi cabs will be scrapped, in favor of Renault and Dacia minivans.
Nissan’s next iteration of the Leaf EV will hang on to its hatchback styling, but it will look more like a conventional car.
To paraphrase Tony Judt, Toronto is not the great Canadian city – that will always be Montreal. And I’ll be going there next week to test out the Canadian-exclusive Nissan Micra.
At this week’s FCA investors conference, the floor was opened up to a Q&A session for journalists and equity research analysts. One scribe asked FCA CEO Sergio Marchionne about the prospect of a mid-size pickup, and Marchionne’s answer confirmed what many of us already knew.
No, that title is not a misprint. Fuji Heavy Industries, which current builds the Toyota Camry at an Indiana assembly plant, will stop producing the mid-size sedan for Toyota starting in 2016.
Although Tesla reported a profit of $17 million on $713 million in revenue, their financials were reported using non-GAAP (Generally Accepted Accounting Principles) figures. Which means that my current checking account, according to non-GAAP figures, is probably somewhere in the high seven figures.
California is exploring the possibility of a voluntary Vehicle Miles Traveled (VMT) Tax to help make up for the shortfall in highway funding that is derived from the increase in vehicle fuel efficiency.
The still you see above is from the latest promotional video regarding the new Smart ForTwo and ForFour. We will certainly see the ForTwo in the United States. The ForFour is less likely, but I am holding out hope – I really like its sister car, the Renault Twingo, and I would love one with the swirly camo wrap seen above.
One of the frequent themes discussed on TTAC is the rising inequality of the mainstream car market in Europe. Since the Great Financial Crisis, Europe’s auto market has not only undergone a severe contraction in terms of volume, but also a radical shift in its composition.
Wednesday marks the 16th anniversary of the Daimler-Chrysler merger. One day prior to this milestone, Fiat Chrysler has unveiled their business plan for the next 5 years. While the industry norm is to keep future product plans, brand strategies and sales targets as a closely guarded secret, FCA took the unusual step of making it all public, with FCA CEO Sergio Marchionne headlining the event (billed as a conference for investors) at an event in Auburn Hills, Michigan. Each of FCA’s brands and subsidiaries was given the chance to present their strategy through 2018, with healthy helpings of new vehicles, future technology and corporate strategy being revealed.
TTAC commenter Buickman, better known as Jim Dollinger to friends, colleagues and loved ones, was on Autoline Detroit last week to present his plan to save General Motors. Rather than present it in the form of an article, we’re posting Jim’s Autoline segment for your perusal The video should start right at Jim’s segment, but if it doesn’t fast forward to the 42 minute mark. Let us know what you think of the plan.
Today is Cinco de Mayo, a Mexican holiday used as an excuse by Americans to drink margaritas and eat bad Tex-Mex. But tomorrow, Fiat Chrysler will unveil their next five-year plan, which should clarify the many contradictory product plans being touted by both FCA execs and the media.
Currently, there is only one Lexus plant outside of Japan. A Toyota factory in Cambridge, Ontario makes the Lexus RX crossover, while Toyota’s Georgetown, Kentucky plant will come online in 2015. Like other Japanese auto makers, Toyota is moving towards a localization of its production facilities, but one thing they won’t be doing is producing Lexus vehicles in China.
With a SAAR of 16.2 million (up from 15.2 million in April, 2013), May was a strong month, with sales up 8 percent.
Recent Comments