Someone is in a big hurry: In March, Daimler and BYD signed an agreement to develop an all electric vehicle “specific to the requirements of the Chinese market.” Usually, it takes a while until something comes from these announcements, especially in China, where everything needs a lot of big red chops. Much to our surprise, we hear that BYD and Daimler signed the contract today to form a 50:50 joint venture for the aforementioned purpose. Read More >
Category: Asia
Nobody in possession of his or her faculties doubts that China will remain the world’s largest auto market for this year and years to come. In 2009, Chinese bought 13.6m vehicles, up 45 percent. In the U.S.A. 10.4m units changed hands in 2009, down 21.2 percent. This year, the U.S. A. is expected to recover, but not by much: J.D. Power forecasts 11.2m units sold in the U.S. for 2010. How many will be driven off dealers’ lots in China this year? Read More >
At the Beijing Auto Show, Geely had a whacko two-seater, gullwing adorned concept car on display. I didn’t deem in worthy of mention, along with the hundreds of other whacko concepts. I didn’t even snap a picture. I wish I did. If Chinese media is not mistaken, I missed taking a picture of the world’s cheapest car, cheaper than the Tata Nano. Read More >
As you remember, Susan “If you know what I’m good for, answers on a postcard, please” Docherty got canned from her job of Sales and Marketing of U.S Operations, to make room for Joel Ewanick. Back then, many thought it was only a matter of time before ol’ Doperty (see what I did there?) got the ol’ heave ho from GM CEO Eddie Whitacre. Unfortunately, it seems someone still likes her (again, answers on a postcard, please) and she’s now landed another gig at GM. Only this time, they’ve let her loose on the golden goose (hey, see what I d….never mind). Read More >
Nissan won’t sell their much ballyhooed pure plug-in Leaf until December. But a successful launch wants to be well planned, and Nissan thinks of everything. They won’t sell you the Leaf just yet. But you can already buy the charger. If you bank account is properly charged. Read More >
Demonstrations in Bangkok have been put down with a brutality not expected from the Land of Smiles. The stock exchange is on fire. Thailand instated a news and power blackout, making the number of killed and wounded hard to assess. Japanese car makers have long been invested in Thailand. Now, they are worried about long-term implications. Read More >
At the Beijing Auto Show, they had a fine-looking and well-appointed Buick MPV, called the “Business Concept” (shown above.) I gave it no mention. After all, who cares about a concept MPV that will never see the light? Big mistake, Schmitt: It will see the light faster that I thought, namely by the end of the year.
You think U.S. car makers suffer from brand confusion? Come to China! China’s Chery for instance is known for their low-cost cars, especially for their ubiquitous el cheapo QQ. In order to venture into more upscale segments, Chery launched a number of brands, amongst them Rely (for SUVs, get it?), Karry (for minivans and pick-ups, get it?) and Riich (for upscale models, get it?) Now, the confusion starts. Read More >
A good old friend is coming back to China: The Jeep. Guangzhou Automobile Group Co (GAC) is expected to produce Chrysler’s Jeep at its Changsha-based joint venture with Fiat, Gasgoo reports. Read More >
While bullets fly in Bangkok, Toyota announced today that production at a Toyota plant near Bangkok will cease by the end of May. Toyota says the plant closure has nothing to do with the public unrest, it should be seen on the context of the reorganization of Toyota’s global operations, says The Nikkei [sub]. Read More >
Threesomes can get burdensome to keep together. Didn’t we report in January that Ford, Mazda, and China’s Changan want to end the ménage-a-la-trois and forge their individual joint ventures? It was quickly dismissed as “speculation.” Just because it’s a speculation doesn’t mean that it won’t come true. Read More >
Never has there been so much confusion over the closely watched Chinese car sales than this month. A relatively unknown China Automotive Technology and Research Center (CATRC), anointed by a report in Xinhua, had 40 percent growth for April. Then, all kinds of numbers came out. Chinese numerology was in an April disarray. Even TTAC’s in-house sales oracle, GM China became confused. First, GM reported a gain of 50 percent. A week later, the number was revised to 41.1 percent. (Which would indicate a Chinese market growth in the mid 30s.) We recommended caution. The last word on Chinese auto sales has the China Association of Auto Manufactures (CAAM). And the CAAM has spoken. Read More >
Ever since the late 90s, car manufacturers and especially car dealers were scared of the Internet. By the end of the 90s, it was agreed that the likes of Carpoint or Autobytel would turn into huge virtual showrooms and would put dealers out of business. It didn’t happen. The opposite happened. The many car shopping sites drove business to dealers. Ten years later, there it is again: The specter of the wicked disintermediation has returned. Direct sales to customers via electronic media are popping up in the world’s largest auto market. Read More >
U.S. Transport Secretary Ray LaHood is in Japan today. He’s looking at trainsets. Japan is bidding on the U.S.A.’s (long in the) future high speed rail network. So is everybody else in the world, including the Chinese. Good luck to both of them. While in Japan, LaHood personally inspected Toyota’s safety facilities in Toyota City to see whether they are up to snuff. You think Mr. “Feet to the Fire” LaHood gave Toyota a clean bill of health? Think again. Read More >
Hyundai is riding high. They’re being thought of in the same vein as Honda in terms of quality, the same as Ford in terms of value and the same as Toyota in terms of reliability. So what could be left for Hyundai to do? They want you to think of them as a … Read More >












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