Apparently, Honda invited some journalists to Japan so they could go check out new technology carefully packaged into existing cars, lest anyone reveal super-secret things like what the next Acura RL looks like. No matter, we’ve got everything below.
Find News by Subject:
Category: Industry
Aston Martin’s Kuwaiti owners are apparently looking to unload their majority stake in the English sports car maker, but proceedings have been slow to due Investment Dar Co.’s desire to recoup their $800 million purchase price.
15 years after the launch of the Prius, Toyota has sold 1 million hybrids annually for the first time, with hybrids making up 14 percent of the company’s sales so far in 2012.
American Suzuki has received court approval to borrow $45 million to help restructure their dealer network following a Chapter 11 filing.
It’s been a little while since we checked in on GM’s A-Car experiment, the Chevrolet Spark. After some cringe-worthy initial attempts at marketing the Spark, we are now getting some early data, and the takeaway is this; sales aren’t so bad, but the demographics of Spark owners aren’t quite what GM wanted.
Well, we knew this one was inevitable. A compliant filed in Ohio court against Hyundai and Kia due to their overly optimistic fuel economy claims.
Wondering when the automatic gearbox arms race will end? 8 speeds? 9 speeds? Even 10 speed gearboxes have been thrown out as grist for the automotive rumor mill, but one exec apparently has the answer.
Late last night, we were contacted by an employee of American Suzuki Motors Corp, who reached out to TTAC to vent his frustrations regarding the downfall of ASMC’s auto business. The picture painted by this employee is one of a highly dysfunctional operation, focused only on tomorrow and never beyond that, a revolving door of Japanese management and deep antipathy for American workers.
Though we’ve confirmed the identity of this Suzuki employee, they wished to remain anonymous due to the sensitive nature of their remarks.
For a number of years, Cadillac has been carefully cultivating its angular look, with cars like the CTS and XLR setting the tone for the brand’s designs. In America, the “Art & Science” look was greeted with enthusiasm. But Chinese consumers aren’t so receptive to it, and that’s bad news for a brand that’s pinning its expansion hopes on China.
American Suzuki Motor Corp may have gone bust, but Suzuki cars will continue to be sold in Canada, where the SX4, Kizashi and Grand Vitara are still offered (but not the Equator pickup).
(NSFW language)
Months ago, we began our Suzuki Death Watch, and today, we hear the executioner’s song. Suzuki’s North American distribution arm filed for bankruptcy, and will end automotive sales in the United States. Slow sales, an unfavorable exchange rate and a limited lineup of vehicles can all be blamed for the demise of a company that was ignored all too often. Luckily, Suzuki’s motorcycle and powersports business remain intact. We’ll have more tomorrow.
Honda is hoping that the next-generation Fit subcompact will see its volume nearly triple, going from 64,000 units per year to 200,000 by 2016.
Tesla recorded a third-quarter loss of $110.8 million, versus a $65.1 million loss in the third-quarter of 2011.
Nissan’s Carlos Ghosn is eyeing another North American plant for Nissan, one that could be used to build both Nissan and Infiniti vehicles.
TTAC alumni Ed Niedermeyer has an op-ed in the Wall Street Journal. The piece discusses the spin surrounding the bailout in this year’s campaign. Check it out here.
Recent Comments