The Nissan name was first used in 1933, but the company's history goes back much further. Originally known as Kwaishinsha Motorcar Works, the company produced its first automobile, the DAT, in 1914. DAT later became Datsun (son of DAT) in 1931 and Datsuns went on to become the first mass-produced vehicles in Japan. Americans got their first look at the Datsun in 1958 - the 1200 Sedan. The Datsun 240Z was released as a 1970 model and it became the best selling sports car in the world, selling 500,000 units in less than 10 years.
Reasonable minds can disagree about the wisdom of the auto bailout, but according to analysis by the EPA and Department of Transportation (based on data from the Department of Energy and auto forecasters CSM), the Government’s rescue of GM and Chrysler may not have been the best idea (at least from a market perspective). According to data buried in the EPA/DOT proposed rule for 2017-2025 fuel economy standards [PDF here], Fiat-Chrysler is predicted to be the sick man of the auto industry by 2025, losing over half of its 2008 sales volume, while GM is expected to improve by only 3%, the second-worst projected performance (after Aston-Martin). In terms of percentages, even lowly Suzuki and Mitsubishi are projected to grow faster than The Mighty General. Ouch.
On the other hand, the proposed rule notes that data will be finalized before the final rule comes out. Besides, the agencies appropriately admit (in as many words) that projecting auto sales so far into the future is one hell of a crapshoot. Still, with the obvious exception of “Saab-Spyker” and with some skepticism about the projection’s optimism about overall market growth aside, these are not the craziest guesses I could imagine. Who knows what the future holds, but it certainly is a bit troubling that the government’s own data suggests the two automakers it bailed out may well have some of the weaker performances of the next 14 years. At least the Treasury could have sold off their remaining GM stock before this report was released…
Tesla released the finalized features and pricing for the Model S sedan this week, with deliveries of the most expensive variants to begin in “mid-2012,” the others to follow by the end of next year. More than a few people who thought they were going to be able to buy a “premium electric sedan” for $50,000 seem miffed by the final pricing. Yes, there will eventually be a $50,000 car (after a $7,500 tax credit). But it won’t have full motor power, leather, nav, or the ability to use fast-charging stations. Tick off all the boxes, and the Model S pushes double the hyped number. But, let’s face it, these guys have to turn a profit and must pay at least as much for parts as the big established car companies, on top of that big expensive battery pack. So does the announced pricing seem reasonable?
At first glance, it’s fairly obvious that there’s something not quite right with this picture. Better than most photoshops or renderings, but not quite convincing as a real picture, this car seems trapped in the Uncanny Valley, as if it were photographed undergoing winter testing on the set of the film The Polar Express. In any case, this little Corsa-based CUV (allegedly to be named “Mokka”) will debut at the Geneva Auto Show, and will take on such B-segment crossovers as the Nissan Juke, Suzuki SX4 and Ford’s forthcoming new Ecosport.
Meanwhile, GM’s American-market interpretation of a B-segment CUV is likely to be quite different from these little rough-and-ready softroaders [Ed: Or, not]. Buick is slow-strip-teasing its forthcoming Encore on Facebook, and it’s already looking like the Baby Enclave rumors were well-founded in terms of its exterior design. On the other hand, this isn’t a wildly detailed photo, so who knows? Either way, both the Mokka and the Encore are based on a jacked-up version of the Gamma II subcompact platform, and based on a video of what appears to be some relatively early chassis testing, the short-wheelbase and tall suspension took a little taming. Hit the jump to see for yourself… Read More >
I want you! To spend our national debt on a beater car!
145 vehicles. 100+ dealers. If there ever was a recipe for prices leaving the stratosphere and entering the ionosphere, it was Monday morning at Carmax.
On average Carmax makes $929 on every used car that they take in and sell to another dealer. If you take the latest quarterly profit they get from their wholesale auction operations alone ($78 million) and multiply it by four, you get over $300 million in earnings. That’s an amazing profit for what amounts to minimal reconditioning (if any) and a ‘quick flip’.
Then again, the car dealers who came to the sale were looking for the exact same thing.
Quick: Where is the largest plant in the Renault/Nissan empire? France? Japan? Tennessee? Nope. It’s in China. At least since today it is.
Today, Nissan’s joint venture with China’s Dongfeng officially opened phase II of its plant in Huadu, near Guangzhou, the former Canton. Across the street from the current plant, a new factory was erected that adds capacity of 200,000 units to the current 400,000 unit per year facilities. Read More >
The day I knew was coming but hoped would never arrive is here. I have to decide whether its time to replace my trusty ride, a 1996 Infiniti I30 with estimated 235k miles (odo was broken years ago, repaired, and reset to a mileage amount we now think is low. actual miles is probably around 250-260k). The issue is an oil leak.
It’s now leaking at the rate of about 5 quarts every 3000 miles. I’ve been content to keep topping off the oil, but now the leak is causing other problems; specfically, the a/c and alternator belt will not stay on because the pulley is soaked in oil. Fixing the leak would be over $1000, and this would the third or so leak that we’ve plugged, only to have another pop up, so I’m convinced that if I was to fix it, a new engine is the way to go. I have an estimate from my mechanic (a very reasonable, trustworthy independent shop) for $2200 or so ($850 for a used local engine with 90k miles, $200 in other parts, and 13 hours labor).
If you’re like no other person in the world, you’ve probably been anxiously awaiting the debut of a next-generation Pathfinder styling study. Fear not: it’s here. Maybe.
It was known as “The World’s Cruelest Rally:” The Mobilgas Trial, 10,000 miles all around Australia. In 1958, there were two entries, regarded as a joke by the burly Aussies: A pair of tiny Datsun 210s, named “Fuji” and “Sakura”.
The suicidal idea was had by marketing manager Yutaka Katayama. Aged 102 years, he is still alive to tell the story: Read More >
Demand for new cars in the EU decreased by 3.5 percent in November, amounting to 1,030,414 units. Eleven months into the year, registrations stand at 12,157,119, that is 1.4 percent less than in the same period in 2010. Basically, the European market remains flat with a slight downward bias. This according to data released by the European manufacturers’ association ACEA.Read More >
Through the mid-1980s, General Motors essentially owned the midsize sedan market. This dominance was ended by the original Ford Taurus, and GM’s position sunk further with the rise of the Honda Accord and Toyota Camry to the top two spots. In recent years the Fusion has replaced the Taurus, while Nissan, Hyundai, and (for 2012) even Volkswagen have become serious contenders. For GM to reclaim one of the top spots, the Chevrolet Malibu had better be a damn good car. The model has been redesigned for 2013. Is the new car good enough? After doing my best to get some seat time in the Detroit area, I gave up my press junket cherry to Chevrolet to find out. Read More >
With only two more weeks to go in the calendar year, TTAC names GM the world’s largest automaker of 2011, followed by Volkswagen and Toyota.
Pummeled by a catastrophic tsunami in March, followed by a massive flood in Thailand, Toyota’s production and sales numbers will take a serious hit in the calendar year 2011. Global production of Toyota and Lexus vehicles is forecasted to be “at least 6.9 million units, as compared with 7.7 million units last calendar year,” Toyota spokesman Dion Corbett told TTAC. Global sales for the calendar year 2011 are forecasted to be “at least 7 million units, as compared with 7.7 million units last calendar year.” Corbett confirmed that this number is without Daihatsu and Hino. Projections for these units are not available. Based on October data, we add another 900,000 for Daihatsu and Hino, which should bring the Toyota total into the neighborhood of 7.8 million units. Read More >
Continuing our whirlwind trip around the globe, we have last stopped in Sweden, Canada, Romania and South Africa. This week I’ve decided I would be creative and take you to the last country on the alphabetical list: Zimbabwe!
If like last week in South Africa, lions, rhinos and zebras are still not your thing, well you’ve got an issue on your hands because there are still a lot of these in Zimbabwe… But hey, that’s ok, because I have prepared 159 additional countries for you to visit in my blog, so don’t be shy and click away!
Now Zimbabwe is in a very particular situation as far as its new car market is concerned… Read More >
I have a 2000 Maxima with about 155k on the clock. I purchased this car in Los Angeles and since 2005, it’s lived in Ohio and Pennsylvania. The main issue is that I can tell the transmission is starting to get a bit soft on the 1-2 upshift, specifically once it starts getting cold out. I presume the primary reason for this is the abuse it’s suffered at my hands. As it was a California car, it has no traction control and though I love it nine months of the year, it is utterly helpless in the snow—snow tires didn’t seem to help tremendously. I’ve had to rock myself out a number of times and I presume the trans has gotten overheated at least once. I’ve been good about changing the fluid (drain and fill 3x, filter too) about once a year but I think I’m near the end on this trans.
Fuelled by Nissan’s decision to move the HQ of it’s Infiniti brand to Hong Kong, rumors of an impending Chinese production of the upscale marque would not end. In November, while not denying the story out of hand, spokespeople in Yokohama indicated that announcements of Chinese production of Nissan’s luxury brand were premature. Today, China Daily has an interesting twist on the story: A trucks-for-luxury cars swap. Read More >
Quick: Where is the largest plant in the Renault/Nissan empire? France? Japan? Tennessee? Nope. It’s in China. At least since today it is.
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