A hybrid version of the Nissan Fuga (better known as the Infiniti M35/45 on these shores) could deliver an up to 90 percent better fuel-efficiency than its conventionally powered model, Nissan’s chief engineer for hybrid systems told The Nikkei [sub] today.
“We expect fuel economy to improve by 60 percent to 90 percent” over the conventional model, chief engineer Koichi Hayasaki said at a media briefing. Read More >
The BBC reports that new car registrations in the UK have inexplicably risen 10.8 percent in June 2010 compared with this time, last year. What makes this “inexplicable” is the fact that sales have risen, despite the fact that the “cash for clunkers” scheme had ended on March the 31st, 2010. “The new car market continued to perform above expectations in June,” said the Society of Motor Manufacturers and Traders (SMMT) chief executive Paul Everitt said, “The results indicate improved business confidence and a strengthening economic recovery.” However, a quick look at the SMMT report reveals a potential answer. The article shows that fleet sales grew 25.3 percent. Those pesky fleet sales! Let’s take a quick look at some of the brands and their performance, shall we…? Read More >
For this edition of Magazine Memories, we’ll be reviewing what I like to call “cover concepts”. For decades, perhaps since the buff book genre began, putting a completely new and typically exotically styled concept or dream car on the cover, more often than not accompanied by hype that the car will actually go on sale, has been a staple of the automobile magazine industry. Hindsight tells us that most of them were indeed dream cars, never really making it to production. The dreams were so vivid (and so much in vain) that this will be a three-part series that barely scratches the imagined body paint.
Some of the cover cars were more concrete, representing cars that made it to production, mass production in some cases, but again hindsight gives us some perspective on unrealistic expectations or journalists buying into the hype. Examples of this category would be the May 1979 edition of Car and Driver, announcing the arrival of GM’s latest attempt to sell small cars, the all-new front wheel drive X cars, with a large photo of the Chevrolet Citation in its “performance” package X11 trim. The cover copy reads “REVOLUTION! GM blows everybody into the weeds with new front drive compacts!” Read More >
Toyota’s having some pretty rotten luck recently. First was “acceler-gate”, the mass hysteria of how Toyota cars were going out of control and murdering innocent people. Then came stories of people blaming Toyota cars for accidents, when in reality it was the driver’s fault (or in the case of Jim Sikes, a scam). You would have thought this would pour oil over troubled waters for Toyota, right? Nope. The malaise continued. Then came the public humiliation of the senate hearings. Did anybody in the media point out the conflict of interest for the senate? Well, if they did, nobody listened. So, while Toyota is fire fighting in North America and is having a bit of a rough time in Europe, at least things are OK in Australia. A market where Toyota dominated for 5 years. Well… Read More >
It may not have been the best of cars, but it also was certainly not the worst of cars. While working my college job at Ford Credit, I arranged for my mother to purchase a brand-new, five-speed 1993 Topaz GS coupe for the modest sum of $8995 after all discounts and rebates. Over the next eleven years, she put 97,000 miles on the car. Her Ford “ESP” warranty covered the very few repairs it required up to the 60,000-mile mark, and it required nothing after that besides a set of tires and the occasional oil change.
It was a good, solid car, always starting in the winter, holding up to Mom’s indifferent attitude regarding carwashes (once a season) and interior cleanings (once a year) and surviving three different low-speed impacts with little cosmetic damage. Fuel mileage was reliably in the high twenties and it went to its next owner without so much as a single spot of rust.
Still, if one had to make a case against “the car that killed Mercury”, the Topaz would be, if not on trial, at least standing in the lineup of potential perps. Here’s why.
Despite having more cash than debt for the first time in decades, GM is going back to Wall Street in search of fresh debt. Over the weekend, The General has been in talks with several banks to secure a $5b revolving line of credit to shore up its liquidity position ahead of an IPO that’s rumored to take place in August. At $5b, GM’s desired line of credit would essentially replace the $5.8b the automaker has repaid to the Treasury, and will help it deal with a number of pressing cash needs to maintain its shaky global empire. But with so many pressing uses for the cash, and political pressure mounting for a rapid IPO, can GM deal with its issues and take on more debt and be worth what the government wants it to be worth? Troublingly, the answers to these questions are not to be found on GM’s balance sheet.
And you thought it was over. You thought that, with Top Gear’s “Car Of The Decade” trophy accompanying Ferdinand Piëch’s “Ego Of The Decade” award in the Volkswagen trophy case, Bugatti could move on and let tiny companies based in sheds and garages fight over who has the world’s fastest “production” car. But no. That’s not how things work in Wolfsburg… er, Mollsheim.
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 >
Last week, we reported some totally discombobulated June sales numbers from China. People’s Daily had reported that “China’s auto sales slumped by 17.4 percent in June from May, to less than 10 million vehicles.” Hooooo-kay. If you say so.
Now, state-run news agency Xinhua reports numbers that make a bit more sense. Still not the official CAAM data, but close enough. Read More >
Suzuki, Hyundai and Tata are the King Dongs (that WASN’T a spelling mistake, BTW) of India. Suzuki controls over half of the Indian car market. Hyundai and Tata have major chunks, too. Whatever is left is divided up amongst the smaller parties. But why have Indians put their rupees in the hands of Suzuki, Hyundai and Tata? National pride? Hardly. Suzuki and Hyundai come from a little further east. Nope. The reason is because they all excel in one thing. Small, cheap cars. The majority of Indians are relatively poor and don’t have much money to spend, so when they make a purchase as big as a car, it HAS to provide value (Indians LOVE a bargain as the video shows). If further proof were needed that India loves small, cheap cars, then this next story should put it beyond reasonable doubt. Read More >
Still convinced that the Yen is undervalued? Japanese carmakers beg to differ. They think the Japanese currency became so expensive that it gets cheaper for them to build abroad and to import to Japan. We’ve reported that Nissan is moving the production of their Micra (called March in Asia) to Thailand. When they did this, The Nikkei [sub] saw “huge implications for the future of the Japanese auto industry as a whole.” It certainly looks like Nissan’s exodus to the Land Of Smiles (and occasional riots) started a trend. Read More >
In what amounts to a landmark policy shift, NHTSA now recommends that customers take quality problems in their own hands, and perform recalls themselves. Take NHTSA Campaign ID number 10V305000. Read More >
As a Ford salesman during the Year Of Our Lord 1995, I had very few scruples and fewer dreams. I did, however, have a few personal goals. One of them was to sell as many pink cars as possible. I convinced a woman shopping without her husband to order a pink Windstar. I checked “Rose Mist” by default on every 1996 Taurus order form that passed through my hands, relying on the customer to see the “mistake” and correct it. I even convinced a color-blind man to order the pinkish interior on a black 1996 Taurus station wagon, describing it to him as “a very vintage red, luxurious in tone and strongly reminiscent of a Sixties Rolls-Royce.” When his son came to pick up the car with him, he looked at me in a fashion I can only describe as “murderous”.
Another goal, known only to me: to never sell a Ford Aspire. At the time, I believed that Ford made a few good cars and a very good truck. I also believed that Kia had made a good car, and it was called the Ford Festiva. The Aspire, which succeeded the Festiva, was no successor at all, and certainly no success. Built on the bones of the perfectly-packaged little Korean “Ford” Festiva, it was heavier, slower, no more spacious, and strongly resembled a suppository when viewed in profile. It was also expensive when equipped with air conditioning and an automatic transmission. The dealer margin on the Aspire was about five hundred bucks between sticker and invoice, meaning that I could usually get customers into a far superior Escort LX, priced at invoice, for less than an additional grand.
After driving both cars, and seeing the vast difference between the competence of the Mazda-based ’95 Scort and the Kia-built ’95 Aspire, customers always chose the Escort. When I gave my two weeks’ notice at the dealership, I knew that I would leave the business with my Aspirations cheerfully unfulfilled. Less than ten days later, my dream crashed into the ground… with a tinny “clink”.
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 >
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