The high cost of auto manufacturing in Canada isn’t solely an issue for domestic auto makers; Honda, which manufactures the best-selling car in Canada (the Civic) is grappling with this issue as well.
The Windsor Star spoke to Jerry Chenkin, Executive Vice-President of Honda Canada, who summed up the biggest issue with Honda’s Canadian production: Read More >
Imports led the majority of the government’s green car purchases last year, with 54 percent of the nearly 1,800 green vehicles purchased by the federal government coming from Hyundai, Toyota, Mitsubishi and Honda. The federal government’s most-purchased hybrid wasn’t a Big Three product either. Instead, it was the Hyundai Sonata Hybrid.
GM is once again the top seller with government agencies, after losing that title to Ford over the past few years. A Bloomberg report based on a Freedom of Information Act request shows that GM sold 19,404 vehicles to the federal government in the fiscal year that ended September 30th, up 3.5 percent. Sales of Fords were down by 43 percent, to 10,734 vehicles.
If you want a modern Bugatti that’s more exclusive than the Veyron, and cheaper too, here’s your chance.
Continental Europe’s car sales may be in the toilet, but the UK’s new car market was up 5.3 percent in 2012, with the Ford Fiesta leading the sales charts.
The Japanese new car market ended the year 2012 up 27.5 percent to 5,369,721 units. You may read other numbers elsewhere, but that’s because it is often overlooked that regular vehicles and mini vehicles are reported separately in Japan. At TTAC, we consolidate them as a service to our readers. Read More >
Remember when Volkswagen’s goal of 800,000 units in America seemed utterly implausible? TTAC does. But Volkswagen, which was in the dumps not too long ago, is now more than half-way to their goal, selling 438,000 units in the United States, a 35 percent jump over last year. But that kind of growth isn’t likely to carry over for 2013.
“Detroit’s automakers showed December U.S. sales gains of 5 percent, slightly better than analysts’ expectations,” says Reuters, “but likely not enough to stave off market-share gains by Japanese rivals.”
And here December and full year 2012 sales results in an easy to read table, data courtesy of Automotive News [sub ].
GM reports “the company’s highest December sales in five years,” with deliveries up 5 percent to 245,733 vehicles. For the year, GM’s U.S. sales are up only marginally. They rose 3.7 percent to 2,595,717 units. In a market expected to be up around 14 percent, this will translate into a serious drop of market share. Read More >
The German car market ended the year with a bang – to the chin. Germany had shrugged-off the European contagion for most of the year, but in December, sales sagged by an unfestive 16.4 percent. Read More >
Auto sales are expected to have ended the year up by around 5 percent. This according to analysts at Scotiabank and elsewhere. China, where a quarter of the world’s automobiles are sold, is probably up 4 percent, Europe is expected to be down some 8 percent. Auto sales in the U.S. on the other hand are seen to have risen some 14 percent for the year. More precise data are expected within hours or days, so let’s have a look forward. Read More >
Renault COO Carlos Tavares may not be exaggerating when he calls Dacia a “cash cow”. A report in Automotive News suggests that the low-cost marque may be as profitable as some premium brands.
With stiff competition coming from both Holden’s HSV sedans and the Ford Falcon FPV, Chrysler is looking to make the 300C SRT8 more competitive by offering a decontented version, that’s actually a bit quicker than the standard-spec car.
Renault’s Algerian plant became a done deal Thursday, with production beginning in mid-2014, which will see the French auto maker become the sole passenger car builder in the North African state.
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