Tempora mutantur, or in Boy Dylan’s words, the times they are a-changin’. Last year, luxury cars were pretty much unsalable. This year, they are the hottest commodity. Especially in Germany. Which isn’t doing so well generally. Germany’s car companies on the other hand are working at warp speed. Daimler already had announced their best June ever. What about BMW and Audi? They are doing great. Danke, Euro. Xie xie, China. Read More >
Speaking of German car companies doing exceptionally well despite a tanking German car market, there is of course Volkswagen.
The Volkswagen group sold more than 3.5m units worldwide in the first six months of 2010, besting the pretty darn good numbers of the same period in 2009 by about 15 percent, Martin Winterkorn said to Reuters. He predicts (and that’s an easy call based on the half year results) that the Volkswagen group will see record car sales in 2010. What’s driving the new Wirtschaftswunder? The weak Euro, of course. And the strong position of Volkswagen in boom markets such as China.
Nevertheless, VW doesn’t want to rely on the vagaries of the foreign exchange. Read More >
Now we know why Daimler’s Zetsche said that “2010 could become the best year in the history of the automobile.” Daimler is celebrating record numbers. Never in recorded history had Mercedes-Benz sold more cars in a June than in the last June, says DPA (via Ad Hoc News.) Due to high demand in China and the U.S., Daimler sold 122,900 passenger vehicles this June, that’s 10.6 percent more than in June 2009. Read More >
In June 2010, new car sales in Germany were down 28.7 percent from June 2009, reports the German Kraftfahrtbundesamt, the German government agency that is responsible for all things rolling on Germany’s roads. That may sound like a horrible number, but the graph tells a different story. June 2009 was the absolute peak of the Abwrackprämien-orgy (red line), and Germany seems to slowly get back to 2008 levels (blue line.) Once we are through the seasonally low July/August months, sales may actually exceed 2008 levels. It won’t be until next year before Germany will report real growth. Read More >
When word of the BMW EV called „MegaCity“ first made the rounds, our Ed Niedermeyer called it “BMW’s long-rumored Neo-Isetta EV.” Now, BMW opened the first button of their electric blouse. Read More >
Now that we can basically predict the styling of future Buicks by putting waterfall grilles on current Opels, and the brand’s biggest market is China, it’s safe to say that Buick is no longer a particularly American brand anymore. It should come as no real surprise then, that it took a German to build the Ultimate Buick. That “B” on the grille stands for Bitter, an old-school German tuning house that has been to Opel what Alpina is to BMW. But because Erich Bitter has spent his life improving mass-market cars rather than Bavarian bahnsturmers, he brings a unique approach to the Opel Insignia, also known as the Buick Regal. In fact, you could almost call it more Buick than Buick.
“2010 could become the best year in the history of the automobile,” said Daimler’s Zetsche today, while Automobilwoche [sub] was furiously scribbling notes. “The best times of the car are in front of us.” Times are especially well for manufacturers for luxury cars. Had Dr. Z been drinking? Not necessarily. Read More >
I still remember when I accompanied a big cheese of Volkswagen to (then) Czechoslovakia in 1990, shortly after the iron curtain had rusted out. We went to Mladá Boleslav, near Prague, to inspect VW’s latest acquisition: Skoda. The place was pretty much empty.
“Where are the workers?” asked my guy. Read More >
The NRA, the Pope, Porsche and Piech, all eyes were on the Supreme Court for the last few days: Gun owners watched the Chicago case (right to arm bears upheld.) Accountants and CPAs monitored the treatment of their favorite boondoggle, a.k.a. Sarbanes-Oxley (upheld.) Rome said “oh my God” when they heard that a lawsuit that accuses the Vatican of conspiring with U.S. church officials to cover up sex abuse could proceed. Meanwhile, Germany’s attention, from Zuffenhausen to Wolfsburg, was fixated on Morrison v. National Australia Bank, No. 08-1191. The Supreme Court seriously frustrated attemps by overseas investors who want to drag non-American companies into American courts. Champagne corks popped at Volkswagen and Porsche. The Guardian: “America’s supreme court has told prospective European claimants to take their claims back to Europe.” So what does that have to do with Porsche? Read More >
Audi’s new A8 and a prototype of its upcoming “four-door coupe” cousin, the A7, get caught looking mighty similar by Auto Motor und Sport’s Erlkönig spy photographers. And though it’s unfair to judge prototypes too harshly, the Nürburgring footage at AM und S reveals an A7 that leans in the sweepers and looks confused in kinks. With the rumors of an S7 and RS7 sporting the R8’s V8 and V10 respectively floating around, one hopes that Audi gets the chassis sorted quick smart. The A7 has to offer something besides worse rear headroom.
Remember the miracle carburetor that would have halved the gasoline consumption, if the wicked oil companies would not have bought the patent and locked it away? As a matter of fact, the lowly ICE has made great strides when it comes to reducing consumption, a drive that has traditionally been championed in Europe and to some degree Japan. Read More >
Every day, German auto managers go on their knees and pray that the financial troubles in Greece, Spain and elsewhere continue. Why? The troubles keep the Euro low, and a low Euro is high octane fuel for German car exports. In May, German car exports rose 46 percent. For the first five months, German car exports are up 50 percent. Despite a lackluster home market, the German car industry is hitting on all cylinders: For the first five months, German production is up 26 percent to 2.3m units, driven mostly be strong demand from China and the U.S. However, red flags are going up. Literally. Read More >
American Audiphiles can rest assured that their future four-ringed purchases will be Made in Germany and not somewhere in what is sometimes euphemistically called “North America.” Plans to build an Audi plant over here have been put on ice for an indefinite period. Worries about a tainted Aryan Audi race (in the motorsports connotation, of course) can be put aside. “We don’t need an American plant to reach our goal of 1.5m Audis a year by 2015,” said Audi Boss Rupert Stadler to Automobilwoche [sub]. “We could build a car in the U.S. in six months,” said Stadler, referring to the VW plant in Chattanooga. “Building a plant somewhere in the boonies would take three years.” And what’s the real reason? Read More >
Germany’s Handelsblatt received rare access to the usually secretive Porsche patriarch Piech. The Chairman of the Volkswagen Supervisory Board has big plans for his family’s company once Porsche has been assimilated. Here is an excerpt from his list of Porsche Plans: Read More >
After North America and China, we have other markets in our sights. Buick has no plans for Europe at this moment, but that could change.
GM’s Jim Federico spills possible plans for a Buick expansion to Auto Motor und Sport.
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