As part of it’s effort to double its market share in China by 2015, Ford today introduced to Chinese consumers a version of the midsized Mondeo sedan that the company says has been revised specifically for that market. Ford currently has about a 3% market share in china. The Chinese Mondeo starts at 179,800 yuan ($29,400) and the company said that it expects to sell between 70,000 and 110,000 units annually in a segment led by Volkswagen and General Motors (and those companies’ Chinese partners). The Mondeo has never sold more than 70,000 since it went on sale in China in 2008.

After doubling production capacity in China and increasing the number of models it sells, Ford has seen a 50% increase in the number of vehicles they sell in China for the first seven months of 2013, compared to the same period in 2012. (Read More…)

The departure of Carlos Tavares is barely 24 hours old, but we’re already getting reports of the genesis of Tavares’ exit, which was only partially brought about by his public courting of North American OEMs.

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Datsun’s first product, the GO subcompact, has yet to go on sale in its first market, but Datsun is already looking elsewhere to expand its offerings beyond the initial four markets of India, Indonesia, Russia and South Africa.

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Mercedes-Benz, BMW and Audi are doing it, so why not Infiniti? The Q30 concept, shown here, previews a front-drive compact luxury car that will likely share its underpinnings with the Mercedes-Benz CLA. The Q30 will make its debut at the Frankfurt Auto Show, while a production version will be built at Nissan’s facility in the UK that also builds the Juke and Qashqai. A European-centric product, the Q30 is reportedly not slated for North American sales or production.

A surprise announcement from Renault early this morning, with the firm announcing the departure of COO Carlos Tavares. According to Renault, his departure is effective immediately, with the Wall Street Journal reporting that his resignation comes as a result of a “negotiated agreement”. Weeks ago, Tavares mentioned that he felt it unlikely that he’d ever assume the top spot at Renault, suggesting that he could be CEO of Ford or GM instead.

Toyota’s Satoshi Ogiso and Bob Carter address the global media gathered in Ypsilanti for Toyota’s Hybrid World Tour press event

The chief engineer for Toyota’s Prius program, Satoshi Ogiso, who is also managing officer of Toyota Motor Corp, gave some hints about the next generation of Toyota’s highest profile hybrid car at a presentation held as part of Toyota’s Hybrid World Tour, a press event that gathered together all of Toyota’s hybrid cars sold around the world for the first time in one place, in Ypsilanti, Michigan, not far from Toyota’s large R&D center in Ann Arbor.

Ogiso, who oversees product planning and chassis engineering for Toyota, said that while the company continues to work on fuel cell cars and expects to be selling 10,000 or more fuel cell cars a year by the 2020s, Toyota is committed to the concept of hybrid cars that combine electric motors and combustion engines. Due to refinements in Toyota’s Hybrid Synergy Drive, the next Prius will get “”significantly better fuel economy in a more compact package that is lighter weight and lower cost, Ogiso said.

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Europe’s car market is still a good half-decade away from making a recovery, according to Ford’s top man in Europe. Reuters quotes Stephen Odell, Ford’s European CEO, as anticipating a $1.8 billion loss in Europe this year, stating

“There are indications that an end of the decline may come in the second half of this year. However, a recovery of the market, we estimate, will take at least five to six years.”

After closing multiple plants and cutting thousands of jobs in response to major overcapacity issues and declining demand, Odell stated that he anticipated no further restructuring moves on the continent.

In the continuing saga of Daimler, the EU and banned refrigerants, the German automaker won a provisional ruling from France’s highest administrative judicial body to overturn the suspension of the sale of Mercedes-Benz models equipped with R134a refrigerant in those cars’ air conditioning systems. European Union regulators have banned R134a but Daimler claims that the replacement, R1234yf, can create fire and toxicity safety issues. The French Council of State said that authorities in that country must resume registrations of those Mercedes-Benz models while the case goes on.

According to Bloomberg, the court in Paris ruled that there is “serious doubt” about the immediate environmental threat upon which the French government was basing the sales ban. (Read More…)

After losing a motion to prevent him from appearing, Toyota Motor Corporation’s CEO for North America, Jim Lentz took the witness stand in a lawsuit filed by the survivors of a woman who was killed when her Camry allegedly sped out of control and hit a tree after it was hit by another car, whose driver is a co-defendant in the case. One issue in the court case is why Toyota did not equip Noriko Uno’s car with a brake override system that automatically closes the throttle when the brakes are applied.

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Though it has been criticized by those who oppose government financing of business, in part because of the failure of Fisker, one of the recipients of the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing loan program, the DoE has announced that it will resume marketing the ATVM to industry and possible applicants. About 60% of the $25 billion that Congress allocated to the program still remains. No loans have been made since 2011.

“With no sunset date and more than $15 billion in remaining authority, the program plans to conduct an active outreach campaign to educate industry associations and potential applicants about the substantial remaining funds available and the application process in general,” a Dept. of Energy spokeswoman said. (Read More…)

In remarks with the Detroit News’ Karl Henkel, J Mays, Ford’s chief stylist and a senior vice president of the automaker, acknowledged that the Dearborn automaker’s Lincoln brand has lost cachet as a luxury brand and that it will take years to turn the brand around.

“No, we’re not true luxury. We’re in an investment stage with Lincoln. We’ve probably got a 10-year investment to make.” (Read More…)

The just released American Customer Satisfaction Index, based on interviews with over 4,000 recent new car buyers, finds that car buyers are less satisfied this year than last, with the index dropping 1.2%  to an industry average of 83%. It’s the first time in two years that a decline in new car buyer satisfaction has been measured, but customer satisfaction is still significantly higher than the index’s 1979 baseline of 79% of customers being satisfied.

The survey measures consumer satisfaction based on quality, purchase price, the dealership experience, and other factors. The authors of the study say that the small drop may ironically be due to past improvements in quality and customer satisfaction. (Read More…)

Toyota, which faces increased competition for its midsize Camry in the heart of the U.S. car market, says that it will try to hold the line on prices and incentives while still trying to keep bragging rights as the best selling car in America. At the same time, Ford is ramping up production of the Fusion, which is in short supply, and will be trying to keep transaction prices high as it increases supply. (Read More…)

Geely founder and chairman, Li Shufu

Last week we reported the Geely and Volvo, which is owned by the Chinese car company, will be jointly developing cars and there was speculation if those cars would be sold in America. Now Bloomberg reports that some of those cars will indeed be exported to the United States. That would achieve the goal of Geely chairman Li Shufu that he set when Geely first showed product at the 2006 NAIAS in Detroit. At the same time, Volvo dealers in the U.S. and the company’s American sales unit have been trying to get more Swedish made Volvos shipped here.

Gui Shengyue, current CEO of Geely, said in an interview last week, “Our acquisition of Volvo enhanced our image and overseas consumers are seeing us as an international company. Our deliveries in U.S. and Europe will be banking on those jointly developed models.” (Read More…)

Following Ford’s announcement that they will revise downward their advertised fuel economy ratings for the C-Max Hybrid, the United States Environmental Protection Agency said that the discrepancy between rated and real world fuel mileage was not the agency’s fault and appeared to be placing the blame on Ford for relying on the agency’s own rules, substituting data derived from the Fusion Hybrid because it shares a drivetrain with the hybrid C-Max. The EPA’s chief automotive regulator, Christopher Grundler, said that when they tested the Toyota Prius and Hyundai Sonata hybrids this summer, “It was fall quite reassuring.”
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