Last week, Jalopnik ran a story bemoaning the loss of Joel Ewanick, complete with some appropriately DeLorean-esque winks towards possible conspiracy and a note that Mr. Ewanick just busted out a $1.4 million mortgage for a home in Detroit. This doesn’t seem like a good deal; surely $1.4 mil should get you, oh, I don’t know, 1,400 homes in Detroit.
What was so great about the guy who apparently green-lit “Chevy Runs Deep”? Perhaps a look into what GM once considered to be good marketing copy will offer some insight.
The Wall Street Journal has an extensive report in which Neal Boudette caught BMW cheating with its sales numbers. Boudette unmasked the shocking practice of car makers selling cars to dealers instead to customers: “Hundreds of BMWs counted as sold in July remain in showroom inventories and are still advertised for sale as new cars, according to dealers.” The WSJ dug deeper into the scandal.
Hybrids and minivehicles are still on top of Japan’s list of best-selling cars in July, only more. The Prius is ichi ban with 33,398 units sold. Last time we looked in May, it was 20,789. It is followed by its compact sister, the Aqua (better known in the U.S. as Prius C) with 26,274.
GM’s U.S. sales get the headlines, GM’s volume is a Chinese import: In the first seven months of the year, GM sold 1.6 million cars in China, versus 1.5 million back home. GM’s Chinese sales data deserve more than a cursory look. Let’s look. Read More >
France is asking the EU to look into an uptick in South Korean car imports, which could possibly result in tarrifs being slapped on the vehicles, despite an EU-South Korean free trade agreement.
Toyota has decided to increase global production this year by about 300,000 units, The Nikkei [sub] reports, as usual for the Nikkei without quoting sources. If this is true, then it would bring global production numbers for Toyota and Lexus close to 9 million for the year. With Daihatsu and Hino, that number would be around 10 million. That is too high for GM to reach. Read More >
And now, the hangover: July brings disappointing sales numbers for GM and Ford after June had surprised. GM is down 6 percent in July. Ford is down 4 percent. Even Chrysler Group reports down to earth results with July up only 13 percent after a truly ballistic series of months. In June, Edmunds Senior Analyst Jessica Caldwell politely voiced suspicions that the beautiful June numbers were the product of cosmetics: Read More >
While we are waiting for the U.S. July sales table to populate, let me entertain or bore you with all the numbers from Japan. This was made possible by the , the Japan Mini Vehicles Association finally publishing its outstanding table. Domo arigatou. Read More >
Yes, we at TTAC may be heralding the imminent departure of Suzuki in the United States, but figures compiled by industry stalwart Just-Auto show that Suzuki isn’t doing too badly in their home market of Japan – in fact, they may even eclipse Nissan.
U.S. domestic sales of GM are down 6.4 percent, while sales of bitter rival Toyota are up 26.1 percent. Or more, depending on how you look at it. Read More >
And now, back to the usual blood and tears from Europe: July new cars sales dropped 7 percent in France and thudded 17 percent in Spain “as consumers cut back on costly goods in the face of economic uncertainty,” says Reuters. Read More >
Yesterday we showed AutoBILD’s rendering of a new GLG. Our Best and Brightest immediately caught on to the fact that the image was derived from the Land Rover DC100 Concept, another image of which is above for your viewing disgust at the way in which Land Rover’s current owners are coring-out every last bit of the company’s heritage pleasure. Read More >
Recent Comments