Weaker than expected growth in the United States has led Carlos Ghosn to issue an even more ambitious goal; double Nissan’s sales by 2017.
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Posts By: Derek Kreindler
BRIC nation plutocrats, start saving your rubles and rupees. Lamborghini’s vulgar Urus SUV is set to bow in 2017, according to a report by Car and Driver, giving the new global elite a successor to the iconic LM002.
Despite sales of the Fiat 500 picking up, Fiat dealers are getting antsy for new product, with some showrooms struggling to turn a profit based on sales of the subcompact alone.
A little light reading for the weekend? Someone went and scanned a German language version of the all-new Mercedes-Benz S-Class brochure. Bertel’s preoccupied at Nissan right now, so other folks with knowledge of German will have to help with the translation.
Bosch has introduced a home charging point for EVs that costs half as much as current competitors, which will no doubt be welcome news for current and prospective EV buyers.
More than any other country, Canadian-built vehicles seem to have an inordinate amount of foreign parts content, according to a study done by Scotiabank Economics.
Yet another bit of bleak data from Europe relating to new car sales. A popular school of thought holds that young people’s aversion to cars is largely rooted in economic factors. When everyone under 30 is broke, living at home and wallowing in student debt, the last thing on their mind is a car. But the hope is that once things turn around, it will be time for Generation Y to get motoring again. At least in North America. Over in Europe (or certain parts of it, at least) things are much more bleak.
While we wait on the latest round of registration data from Europe (April 2013), a look at January-March 2013 data paints a bleak picture for Alfa Romeo.
Another auto maker that took Department of Energy money has gone bust. Vehicle Production Group, a producer of special vans designed to meet the needs of the disabled, has suspended operations and is due to be sold, according to Automotive News.
God bless the blogosphere. All it takes is one throwaway remark for something to become a widely reported rumor heard ’round the world.
Ferrari will be scaling back production in 2013, in an effort to help retain some of the brand’s exclusivity.
TTAC’s forays into areas like law, politics and economics are not everyone’s cup of tea, but they do matter. The dry, dense topics like regulation and financial topics have real implications for car enthusiasts, not to mention society as a whole. One subset of that is urban planning, a discipline which can have an enormous impact on our favorite hobby.
Subaru is set to expand capacity at its Indiana plant by 100,000 units, adding the Impreza alongside the Legacy, Outback and Tribeca to help fill demand for its vehicles in the United States. (Read More…)
As Mercedes-Benz, BMW and Audi rush to prepare new entry-level product to attract a younger crowd, Jaguar Land Rover is proudly calling “bollocks” on their efforts to attract younger buyers. Although much of the growth in the “near-luxury” segment is expected to come from vehicles with a transaction price in the $30,000-$40,000 range, JLR’s sole offering in that segment is the low-volume LR2. It’s the $50,000 Evoque that’s driving sales for the brand. This interview from Automotive News with JLR’s North American CEO, Andy Goss, explains why: (Read More…)
As enthusiastic as I am about the actual product (when everyone was ready to crap all over Tesla based on some bad information, TTAC was one of the few publications to go to bat for the upstart auto maker), Elon Musk’s series of announcements, frequently couched in hyperbolic descriptions of their significance, are beginning to grate on me. Every week, Musk seems to descend from Mount Sinai bearing yet another set of tablets that promise to “disrupt” (to use a favorite term of Silicon Valley) the automotive landscape forever, yet end up being little more than a not-quite-a-lease program or some announcement about after-sales care.
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