TTAC (and just about everybody who comments on the Japanese market) saw it coming: After 14 months of government subsidies-induced growth, the Japanese car market took a corner. And now its nowhere but down.  Japanese sales dropped 4.1 percent  on the year to 308,663 units in September, the Japan Automobile Dealers Association told The Nikkei [sub]. This number does not include Kei cars, which will be published separately. Read More >

Way, way, back, a German company called Volkswagen came to Brazil to develop this backwater market. Now, Brazil has overtaken Germany. According to Jato Dynamics consultancy, Brazil has confirmed its position as the fourth largest world market. Read More >

I used to play poker a lot. So I’m perfectly aware of the old adage “Strong is weak and weak is strong“. If someone is acting weak, chances are, they’ve got a good hand and are trying to lull you into a false sense of security. Likewise, if someone is acting bold, then there’s a good chance they’ve got “rags” and are trying to scare you off to collect the pot for themselves. Like when Cerberus purchased Chrysler. It was an open secret in the industry that Chrysler was ready for the knacker’s yard…again. But Cerberus still pushed ahead with the purchase. Eventually, Chrysler failed and Cerberus lost money. Which made everyone wonder “What were you thinking?” I have a suspicion people will start asking the same question about Toyota soon. Read More >

Japanese automakers keep saying the ever appreciating yen will be their undoing. So their government intervened, sending the yen back to 85 to the dollar. Once the intervention stopped, the yen continued its march upwards. Today, the Japanese currency stood at 83.31 to the dollar. Which is losing strength across the world. The Europeans received $1.36 for their Euro today. A higher yen making Japanese cars more expensive should hurt Japanese car exports, don’t you think? Let’s see. Read More >

Porsche just announced something highly unusual: Record full-year revenues from selling Porsches. No more option plays with attached sheet metal bending operation. Revenues rose 17.9 percent to a record €7.79b ($10.5b), and Porsche said it expects to see the positive trend continue in the current business year, reports Reuters.

And where do all these sales come from? Definitely not from Porsche’s core markets, the U.S.A. and Germany. Read More >

Where would the German car industry be without China? You guessed it: In deep Scheisse. China’s insatiable demand for German cars helped the German auto industry survive the crisis stronger than ever. Germany’s new car exports to China in the first six months of this year reached €4.4b ($6b). That’s 6.1 percent of its total car exports, says the China Business Times via Gasgoo. Read More >

According to lore, China has closed off its market to foreign car importers, and is ready to flood the world with cheapmobiles.

Just the opposite is true. Read More >

Panther Appreciation Week rolls on with this look at the platforms sales since 1995 (sorry, our sales data doesn’t go back farther) compared to some key competition. As the last several years of the graph prove, large sedans were hit fairly hard by the “Carpocalypse,” but Panthers were in a terminal sales decline anyway. In the mid 90s, Ford was selling nearly 100k each of its Ford, Lincoln and Mercury-branded Panthers, but steady updates from large, cushy FWD competition like the Avalon slowly eroded sales.

Meanwhile, the 300/Charger combo from Chrysler looks to be the Panther of the 21st Century. Beloved by fleets and Donkophiles alike, the LX sedans beat the mass-market-branded large, RWD competition… such as it is. Heck, it even beat FWD rivals like the Avalon, the Genesis (21,889), the Lexus ES (48,485) and the Taurus (45,617) in 2009. And with the updated 2011 Charger in strong competition for police fleet business, Chrysler could just be building big, old-school, rear-drive sedans in the American style for some time to come. The Panther is dead… long live the LX?

As Sajeev points out, America’s police forces could well be the savior of large, rear-drive sedans in the American market. Which is hugely convenient for Chrysler, which recently spent big bucks updating its 300/Charger LX platform. Much to the chagrin of Fiat CEO Sergio Marchionne, in fact. A devotee of per-platform volume-based “industrial logic,” Marchionne has publicly stated that he would never have spent the money to update a platform with so few “applications,” had he been in charge during the Cerberus era. But winning police fleet business could change all that, and Chrysler is clearly going all out for it.

The 2011 Dodge Charger has not been shown anywhere in civilian guise, but several outlets including the Detroit Free Press have snapped shots of the new sedan testing for police buyers. Given Chrysler’s well–documented struggles with fleet sales addiction, giving police fleet buyers the first look at an “all new” car is an interesting move. Discuss the looks all you want, what I want to know is will consumers go crazy for a cop car? GM obviously doesn’t think so…

If you think that China’s car market (they are expecting to sell between 16 and 17m units this year) is a bubble about to burst big-time, then GM will disagree strongly with you.  “The market is still quite solid. As you know this year is going to be a strong year. We will see continued growth next year, but growing at a range between 10 to 15 percent,” said Kevin Wale of GM China to Reuters. Read More >

Now we know why ACEA took a vacation last month: To spare Europe the drama involved in an 18.6 percent drop in the month of July.  Compared to that, the 12.9 percent drop in August looks like an improvement.  Back from vacation, Europe’s (Automobile Manufacturers’ Association  ACEA reported numbers for both months today, and at first glance, they look horrible. Read More >

Scion brand manager Jack Hollis tells the WSJ [sub] that

The sales are nowhere where they should be and they will never be this low again

And with only 29,672 units sold through 2010, he ain’t kidding either (well, except for maybe the last part). Meanwhile, with the Yen headed up, profits on Scion’s small, Japanese-built offerings aren’t in great shape either. In short, it is with good reason that Scion is the subject of the most-recent TTAC Deathwatch. Meanwhile, Scion’s bid for renewed relevance hangs on the success of two cars: the neo-Corolla Coupe tC, and the A-Segment Scion iQ three-seater. TTAC will have an early review of the tC before the end of the week, but before we get into the specifics of that vehicle, let’s ponder the wider question of Scion’s viability. Will these two cars bring back Scion’s sales to their previous levels? Let’s take a look at Scion’s historical sales for answers…

Read More >

Two months ago I wrote about the rather bizarre manner in which the drooling idiots of the world reacted to my Audi S5 and the eBay auction of same. Here are some of my favorite comments:

How to spoil a good looking car with a cheap paint job! Boak!!

looks very cheap and shitty in that stupid green

oh no no no no..it looks like the ugky duckling of a grass patch

While you guys are sitting idle saying “do not want” I’ll wait for this car to drop in price then buy it and paint it a respectable color.

Looks like a watermelon on wheels….this is going to be a tough sell.

Were they correct?

Read More >

Over the long haul of the Pony Car Wars, Ford’s Mustang has set the standard to which all others aspire. Having handily outsold the old F-Body Camaros (to say nothing of the nearest import-equivalent, the Nissan Z), Ford reigned alone over the declining muscle-coupe segment for much of the last decade. But the Pony Car cannot thrive alone, and the Mustang couldn’t keep its sales from sliding ever further… it needed some competition. Now, rather than fighting for pieces of a shrinking segment, the Camaro, Challenger and Mustang have been able to grow their sales together, revitalized by the renewed Pony Car Wars. Though our simple volume projection shows the Camaro on track to take the Pony Car crown from the Mustang, the short-term trends indicate a close battle to the finish this year. Hit the jump for summer sales comparisons…

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Contrary to English, “azul” or blue has positive connotations in Portuguese (yes Brazilians speak Portuguese not Spanish – close, but no potatoes). “Tudo azul” means everything is fine, the road is clear. Maybe a close equivalent would be that line in that old song, nothing but blue sky. According to the giant Brazilian web providers UOL’s site, August has again recorded record car sales in Brazil. The market was up 3.99 percent on the month (good for a total of more than 296 thousand), but better yet, it was up 19.82 percent on August of 2009. Year-to-date, the market is up an even more impressive 27.68 percent!

As you’ve been reading my columns, you all know we’ve been watching closely the Gol versus Uno fight for first place. Can you guess who came out on top? Read More >