Category: News Blog

By on June 28, 2012
JUNE 2012 SALES VOLUME FORECAST
Sales Volume June’12 Forecast June’11 May’12 Change from June 2011* Change from May 2012
GM 233,987 215,335 245,256 8.70% -4.60%
Ford 201,980 193,421 215,699 4.40% -6.40%
Toyota 184,512 110,937 202,973 66.30% -9.10%
Chrysler 143,521 120,394 150,041 19.20% -4.30%
Honda 126,610 83,892 133,997 50.90% -5.50%
Nissan 88,113 71,941 91,794 22.50% -4.00%
Industry 1,270,901 1,052,772 1,334,131 20.70% -4.70%
*NOTE: June 2012 had 27 selling days

With only a few days until the end of the month, Edmunds issued its June sales forecast. Edmunds expects that 1,270,901 new cars will be sold in June, translating into a 20.7 percent increase compared to June 2011, and a 4.7 percent decrease from May 2012. The Seasonally Adjusted Annual Rate (SAAR) is projected to come in at 13.9 million light vehicles. Read More >

By on June 28, 2012

The new CX-5 SUV is selling so well that Mazda has to expand capacity by 50 percent. Read More >

By on June 28, 2012

Just when we thought that Chevrolet couldn’t do enough to alienate their coveted “millennials”, the press release for the Chevrolet Spark just provides further evidence that the brand is trying way too hard to the point where it’s embarassing.

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By on June 28, 2012

Man on a mission: Tycho at the Beijing Auto Show

Yesterday, we reported about Carbuzz purloining content from Carnewschina, and that it is continuing to do so despite vows of repentance. This morning, Carnewschina proprietor Tycho de Feyter opened his laptop in Beijing in order to visit vengeance on the presumptive “leader in car news and industry information.” He keyed in the Carbuzz URL and looked at an empty screen.

“Carbuzz.com is completely down since this morning (Chinese time),” de Feyter telegraphed from Beijing.  “Maybe the owners got word of the mess?  I hope they stay down, but sadly I can’t do my other articles on these bastards anymore…”

It turns out that Tycho was mistaken. Instead of taking the site down, Carbuzz erected a firewall that keeps out China. Read More >

By on June 28, 2012

Reuters is reporting that BMW is discussing a possible arrangement with the soon-to-be dormant NedCar plant that once built the Volvo S40 and various Mitsubishi cars.

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By on June 28, 2012

Italy’s Fiat, late to the Chinese party, finally opened its first plant in China today. Reuters reports that “the plant, based in Hunan province, is the latest development in a 5 billion yuan ($786.73 million) joint-venture between Fiat and GAC, China’s sixth largest auto manufacturer.” The plant also should help improving China’s dismal car export statistics. Read More >

By on June 28, 2012

If the year would have ended on May 31st, Toyota would be the world’s largest automaker by a wide margin, followed by GM, and a distant third, Volkswagen. The year is not over until it’s over, but 5 months are a good indicator for the rest of the year. Let’s have a look. Read More >

By on June 27, 2012

 

“If you want a Veloster Turbo, you can buy one right now – it’s called the Genesis Coupe.”

That’s what Hyundai CEO John Krafcik told us at the launch of the Veloster last year, when asked about the possibility of a performance version of Hyundai’s distinctive-looking hatchback. Less than a year later, we have a boosted Veloster and a Genesis Coupe that’s better than ever.

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By on June 27, 2012

Popular wisdom says that China is a bunch of thieves with utter disregard for intellectual property. Any good, or even half good idea gets immediately stolen in China. In a man bites dog twist on the story, an American website is being accused of serial thievery of made-in-China intellectual property.  According to Beijing-based Carnewschina, the Rockville, MD, site Carbuzz.com “systematically steals my content for their China-tag. CarBuzz.com steals my pictures, my information, but does not link back to me.” Read More >

By on June 27, 2012

Westport Innovations has just signed a second deal with General Motors to produce light duty natural gas engines, and it’s probably not the last time we’ll be seeing these kind of partnerships forming. Natural gas vehicles have been explored previously on TTAC, but the technology hasn’t been fully explored in-depth, aside from some well-informed comments in various articles.

Read More >

By on June 27, 2012

After my idea for a DUI Telepresence Crown Victoria Racing series failed to attract the shadowy Eastern European investors I’d hoped to line up, I got to thinking about spec racing. Everybody in a spec racing series runs the same kind of car, which makes parts easy to get and (in theory, though sure as hell not in practice) puts the focus on driver skill rather than vehicle price. There’s Spec Miata and Spec E30 and Spec Neon and all the rest, but it’s sort of boring watching those races. Spec racing needs better cars, and we’re going to pick the best one right now! Read More >

By on June 27, 2012

Toyota and BMW will announce a closer alliance as early as Friday, The Nikkei [sub] and Tokyo scuttlebutt say.  According to the Nikkei, the two will share Toyota’s hybrid and fuel cell technology. BMW will try seeking scale effects for its CFRP technology. TTAC will feature a closer look into Toyota’s carbon fiber capabilities once we have finished our own research. Read More >

By on June 27, 2012

Tomorrow, Thursday, the management of Opel will present an allegedly comprehensive turnaround plan to its supervisory board, Reuters reports. If GM stockholders expect a big bang to lift their holdings, they will most likely be disappointed. The plan is expected to deliver less and that later. However, it looks like Opel might share pain and plants with PSA Peugeot Citroen. Read More >

By on June 26, 2012

Does the new 991 need more power? After all, in addition to the inevitable (and mandatory) color-mag fellatio you’d expect, it’s already impressed Brendan McAleer at a Porsche-operated press event and squeaked out a narrow victory over a Mustang GT in an impromptu challenge at Summit Point’s Shenandoah course.

In the days when Porsche was a manufacturer of sports cars, rather than a purveyor of two-ton plasti-metallic pig-mobiles doing the occasional sporting car for purposes of brand enhancement, its policy of continuous improvement meant that each year’s 911 was better than the last. Nowadays, however, the company sets out its marketing objectives and molds the product to suit.

Witness: the new 991 Powerkit.

Read More >

By on June 26, 2012

A few weeks ago, I took a Scion FR-S out for a spin. It was an automatic dealer demo, so I decided to withhold judgement until I drove the manual transmission car.

Read More >

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