Boding not well for the Chinese market, our patent pending China sales oracle GM China reports 4.6 percent fewer sales in April than in April 2010.
Well, actually GM does not report that. Reuters does. Read More >
Boding not well for the Chinese market, our patent pending China sales oracle GM China reports 4.6 percent fewer sales in April than in April 2010.
Well, actually GM does not report that. Reuters does. Read More >
Beijing closed the book on the tit-for-tat saga that had started with the U.S. slapping punitive tariffs on Chinese tires. China’s Ministry of Commerce (MOC) issued a final ruling today, declaring that the United States has dumped subsidized sedans and sport utility vehicles with engine displacement of 2.5 liters or bigger on the Chinese market, writes China’s state-owned new agency Xinhua. According top the MOC, this has harmed China’s domestic auto manufacturing industries. Then, China did nothing. Read More >
DeTomaso’s re-launch landed with a thud when it debuted its “Deauville” CUV monstrosity. But it’s possible that the “D’oh-ville” (as it will henceforth be known here at TTAC) was simply the amuse-bouche (French speakers will be able to offer a more apt variation) before the real meal. Just as the D’oh-ville was first seen in a very specifically-staged video, a mid-engined sportscar has been spotted leaving DeTomaso’s headquarters while being “spied” from the exact same angle. So expect something a little more heritage compliant from the brand that created the Vallelunga, Mangusta and Pantera.
A massive study by the Government Accountability Office into “Opportunities to Reduce Potential Duplication in Government Programs, Save Tax Dollars, and Enhance Revenue” has turned up an interesting finding. It seems that the government’s desire to buy more “alternative fuel vehicles” (AFVs) may actually increase the amount of gasoline used by government fleets. Why? Because agencies largely buy E85 ethanol-powered vehicles to fulfill their AFV requirements, and there aren’t enough E85 pumps to actually fuel the fleet, forcing agencies to obtain waivers to buy regular gasoline. Hit the jump for the report’s full findings on this, the latest unintended consequence of America’s ongoing ethanol-subsidy boondoggle.
One of President Obama’s signature achievements, passage of $812 billion in stimulus funds at the height of the recession, was labeled a failure by the chairman of the US House Transportation Committee, which had jurisdiction over about eight percent of the projects funded. In a hearing yesterday, Representative John Mica (R-Florida) explained that the money did not end up going to needed infrastructure projects.
“This will go down in history as one of the greatest failures of a government program to stimulate the economy that mankind has ever created,” Mica said. “This is a trillion-dollar lesson.”
GM solidly trounced analysts’ expectations and delivered $3.2 billion if Q1 2011 net income. The consensus of a Bloomberg panel was $1.74 billion. Compared with the first quarter of 2010, revenue increased $4.7 billion to $36.2 billion, says GM press release. GM’s first-quarter profit more than tripled to its highest in at least 21 years. Read More >
Would you buy a Buick Park Avenue Davos World Economic Forum 2011 Special Edition? No? GM China thinks the Chinese will disagree with you and will snap up the “Buick Park Avenue 2011 Boao Forum for Asia Special Edition.” What is a Boao Forum? Glad I asked. As CarNewsChina tells us, “the Boao Forum is an economic conference comparable to the famous Davos Forum but focused on Asia.” And now it gets complicated: Read More >
We have documented extensively how Beijing’s license plate lottery mucked-up the car market of China’s capital. Now, Beijingers found a creative way to get their sought-after license play without bothering Lady Luck: They go to court. Read More >
There is a Police Equipment Show in Beijing, and it’s a meeting of the minds: Chinese cops want to get out of their Santana wagons (read gen 2 Passat Variant), and Chinese carmakers want a slice of the lucrative government pie. Our friend Tycho of ChinaCarNews (formerly known as TheTycho.com) went to the show and took his camera along. Above a uniformed Shanghai-Volkswagen Passat Lingyu, the logical successor of the ubiquitous Shanghai-Volkswagen Santana. More Chinese police after the jump … Read More >
One of Jack Baruth’s many great contributions to modern auto writing is “Mr Euro,” an archetype he first identified in his excellent Ford Fiesta review. According to Jack’s original taxonomy:
Mr. Euro is the guy who, for some reason, wants the cars he cannot have in the United States. He’s the guy who says he would drive a 520i “in a heartbeat” given the chance, the dude who thinks we’re missing out because the Renault Twingo stays on the froggy side of the pond, the fellow who desperately wants a Vauxhall Zafira for child-lugging purposes.
Now, I hope I manage to avoid the most extreme expressions of the stereotype Jack describes here, but yeah, I’ve got some “Mr Euro”-ish tendencies. What can I say, the grass just looks greener on the other side… sue me. In that spirit, follow along as I explain why I’m leaving this dump and moving to China.
With all the excitement brewing in the Compact segment, some may be ignoring a building problem at the other end of the market, in the full-sized truck segment. Automotive News [sub] reports that GM’s truck inventory currently stands at 111 days of surprise, or a whopping 275,000 trucks sitting on lots. In April, Silverado was more than 3,000 units off the previous month’s pace, while Sierra was just over 1,00 units off. GM’s US market boss Mark Reuss tells the industry paper
We’re going to do something about it, but we haven’t made those calls yet… no one month makes a trend, so we’ve got to see where this one holds
Meanwhile, we’d be more worried about Chrysler, which saw Ram sales drop from nearly 22k units in March to 17,680 units in April. And not only is Chrysler more dependent on truck profits than GM due to its tighter balance sheet, it also has fewer high-efficiency alternatives to offer consumers who seem to be slowly responding to rising gas prices and moving towards more efficient offerings. And given that Automotive News [sub] is already noting that Chrysler has fallen behind on its “ambitious” sales goal and quoting analysts bemoaning Chrysler’s “perception” issues, it seems that Auburn Hills should be trying to get ahead of the story the way GM is.
Are you ready to crank some Korean crunk (see video above) and cruise the town in a long, rear-drive, V8-powered… Kia? Get ready, as Kia Motors Australia COO Tony Barolow tells drive.com.au that
We have an interest in all new models under development. A rear-wheel-drive premium sedan could be seen as a logical step from the Optima to the next level of Kia development. It is far too early at this stage to be any more precise about the car but we will definitely maintain a watching brief.
The Hyundai Genesis platform-mate has been photographed in camouflage (click here for more Korean crunk-free images), and the rumormill has it debuting in Frankfurt this fall, or possibly the NAIAS next January. In any case, get ready for a Schreyer-styled, “proper” Kia flagship to come down the line at some point in the near future.

In the comments section of Monday’s Honda Civic review, there was something of a rush to declare a new order in the hotly-contested Compact segment, with Honda notably losing out. Well, TTAC and its Best and Brightest tend to be a little ahead of their time, and the sales numbers for April prove that the Civic still attracts US car buyers in segment-leading numbers. But the monthly sales win was probably something of a bittersweet victory, as Honda dealers hunker down for what is likely to be months of tsunami-related supply interruptions. Meanwhile, the battle is getting feisty, with Hyundai and Chevy doing most of the disruption. Year-to-date, however, the Civic and Corolla are still maintaining their decades-long grasp on the compact segment. But then, the battle is only just beginning…
A number of plug-in hopeful firms have been testing their future products in fleets, keeping a close eye on the data coming back as they prepare for their consumer launches or wider availability. One such vehicle, Toyota’s plug-in Prius has been testing for some time now, and while the results of US and European testing hasn’t been publicized yet, Wards Auto reports that the company has disclosed the results of Japanese testing with some interesting conclusions. With BYD and Chevrolet releasing data from their own plug-in testing, we should have the basis for some interesting insights. Hit the jump for more on the lessons learned and the data gleaned from this testing of next-gen drivetrains.
Brian writes:
Hey Sajeev – as a TTAC reader, and a consummate “I’m an enthusiast, but my wallet says otherwise” tinkerer, I’m currently in a dilemma that could use your opinion and the reader’s.
I have a 2001 Saturn L200 2.2 liter that blew a head gasket. Strangest blown head gasket I’ve ever seen: no loss of power, no other signs than an intermediate low coolant light. This eventually culminated in my adding 2 gallons of (idiotic) dex-cool and then driving it 2 miles, and looking for leaks, only to discover the low coolant light was on again. That the point at which I discovered the dex-cool oil mixture that had inundated my crankcase. I had been putting off diagnosing and fixing what I thought was a minor and intermittent coolant leak (sure is cold in Minnesota this time of year, heated shop or no) but now I have no choice. The car has 190k on it. I had become determined around 160k that I was simply going to drive it into the ground.
Recent Comments