Pronounced near-dead in 1999, Nissan has made a remarkable, but often unnoticed turn-around ever since. With little fanfare, the Yokohama company passed Honda as Japan’s second largest auto maker. In China, the land of car growth, Nissan sold 1.3 million cars last year, became largest Japanese brand and has expansion plans for 2.3 million. Nissan is also the company that recovered fastest from the March 11 tsunami. With only 25 percent of its world output in Japan, Nissan had less exposure that Honda, and especially Toyota. It also was lucky: Nissan could duck the chip shortage that hit Toyota and Honda with full force. Nissan’s engine factory in Iwaki is 60 miles away from Fukushima. A little closer, and it would still be closed. Instead, it was back up and running two months after the disaster. One of the most horrific years for Japan and the Japanese auto industry is shaping up to be the defining year for Nissan. Nissan’s biggest problem: Not enough cars. Read More >
Category: Japan
Suzuki today sent a letter to Volkswagen, demanding a retraction of the allegation that Suzuki breached its contract with Volkswagen. Reuters calls the letter an escalation of “a war of words as it tries to break off equity ties with its estranged partner.” And the tone of the letter definitely sounds belligerent: Read More >
This man has become a fixture at Nissan’s press events. He walks around with a small video camera and a laptop hanging from his neck, as if he’s selling hot dogs at a ballgame. His name is Shotaro Ogawa, and he is most likely the biggest revolution when it comes to automakers connecting with their customers. Ogawa is Nissan’s walking live video stream and real time social networker. And he may put us old timey bloggers out of business. Read More >
When we went on the plane this morning for the some 600 mile trip to see a Nissan plant in Kyushu, the southernmost of the four main Japanese islands, we asked ourselves: Why?
After all, the plant had been there since 1975. What’s new? We soon should find out: Nissan CEO Carlos Ghosn went on a full frontal attack against the high yen, threatened several times that Nissan and most of the Japanese industry would pack up and leave, and delivered an ultimatum: “If six months down the road we are still in this situation, then this will provoke a rethinking of our industrial strategy.” Read More >
Will they or won’t they? That’s currently the talk amongst Germany’s auto execs. “They” are Volkswagen and Suzuki. And “will” refers to taking over Suzuki against its will. Yesterday, Der Spiegel, reported that Volkswagen is no longer barred from taking over Suzuki if Suzuki cancels its contract. Der Spiegel, of course, heard that from an interested party that telegraphs to Hamamatsu. “Be careful what you wish for.” Nonetheless, the rumor mill is at high revs. Let’s investigate. Read More >
Last week, news about a Dodge Viper ACR kicking “the ever-living crap out of the Lexus LFA and the Corvette ZR1” (in the matchless and breathless words of Jalopnik) made the rounds trough the webz. At the time, Jack Baruth warned that “there’s no ‘official’ word yet” and mused that the slick boys could have used non-stock tires. Ever since, it became quiet. Read More >
Interesting twist in the Volkswagen-Suzuki sopu opera (see, Japanese is easy!): Suzuki could be doing Volkswagen a favor by filing for divorce. This way, Volkswagen can swallow Suzuki whole. Read More >
Better late than never: Honda is following a long line of other manufacturers to Russia, and will be assembling cars there. This according to a report in The Nikkei [sub]. It is said that Honda has submitted a plan to Russia’s Economy Ministry for the production of 30,000-50,000 cars per year.
The Russian government had been strong-arming the industry for a while. Either set up assembly sites in Russia and enjoy favorable treatment for the parts to come in. Or stay out and face grim import duties that exclude even the average oligarch from your target group. Read More >
Around two thirds of the oil used in the United States is imported. Now, something is done to offset this energy trade imbalance ever so slightly: Ethanol, the stuff that is supposed to save the U.S. from foreign oil dependency is shipped out of the country.
Who buys it? Brazil, the land where cars drink alcohol to drive. Read More >
Both Honda and Toyota have consistently lost market share in China, which is even more embarrassing given the fact that Japanese brands in total still command the largest market share in the Middle Kingdom. This is helped by Nissan, which now holds a bigger share of the Chinese market than Toyota and Honda. Honda does not want to take it any more and is planning a counter-attack at the hearts, minds and wallets of the Chinese customer. Honda will even go as far as giving the Chinese cars that are custom-made for China. Read More >
Despite saber-rattling, legal threats and affirmations that Volkswagen does not intend to give up its share in Suzuki, Volkswagen started its climbdown. Ferdinand Piech himself signaled that Volkswagen can go it alone. At the Frankfurt Auto Show, Piech said that Volkswagen is “big enough.” His man Winterkorn quickly fell in step and told Reuters today: “”Suzuki was one option. But we can do it on our own.”
That should be signals enough for everybody at Volkswagen to put the Suzuki saga behind themselves and to concentrate on other pressing business, such as the messy Porsche merger.
Back in Tokyo, The Nikkei [sub] wrote what seems to be Suzuki’s version of the story. Read More >
Dieter Zetsche and Carlos Ghosn had their intimate luncheon with selected members of the Fourth Estate today. It took place in the not so fancy, but highly convenient Maritim Hotel, which has a prized asset: A private entrance to the Frankfurt Motor Show. It, and the Marriott across the street, are the hottest properties in Frankfurt during Motor Show days. The TTAC-dispatched fly-on-the-wall reports from the luncheon: Read More >
Daimler and Nissan may announce some serious platform sharing, t.b.a. either today or tomorrow on the sidelines of the Frankfurt Motor Show. Bloomberg has heard that Daimler “is considering sharing its small-car platform with Nissan Motor Co.’s Infiniti brand.” Read More >
If you want to charge your Nissan Leaf in 30 minutes, Nissan will (at least in Japan) sell you (reluctantly) a pricy quickcharger. It costs about half of what a U.S. Leaf costs – before incentives and rebates: The current quickcharger sets you back 1.47 million yen, in today’s dollars, that’s about $19,000. Soon, this will get considerably, well, more reasonable. Nissan today announced a quickcharger with the same performance, but at half the size and half the price of the old one. Read More >
„It is like being married and getting a divorce. Instead of criticizing each other, it is better to go through it with a smile,” Suzuki’s patriarch chairman Osamu Suzuki told reporters at a hurriedly arranged press conference in Tokyo today. And a divorce it is: Suzuki announced it will terminate its relationship with Volkswagen after a nearly 2 year unhappy and childless marriage.
In a news release, Suzuki announced that “its board of directors has officially determined today dissolution of the comprehensive partnership and the cross-shareholding relationship with Volkswagen AG. “ Here is a short version of the long list of reasons given in the divorce papers (known as the “green form” in Japanese matrimonial matters): Read More >







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