China is currently in a state of confusion about August sales numbers: More than 50 percent up? Or less than 20 percent? It will take a week or so to sort that out. But one thing is clear: The big winners in China are German purveyors of luxobarges, says Reuters. (Read More…)

You know who is really freaked about the stronger and stronger Japanese yen? Mazda. Mazda is considered the Japanese manufacturer with the highest exposure to currency swings. Mazda builds 70 percent of its vehicles in Japan. In the first half of 2010, Mazda exported nearly 80 percent of its Japanese output. Ouch. A year ago, a dollar bought 110 yen. Today, it buys only 84. As the yen continues its march upwards against other currencies, Mazda is enacting emergency cost reduction measures to protect their profits from being gobbled up by a steadily advancing yen on its earnings. Here is the plan: (Read More…)

The Japanese seem to be convinced that EVs are the wave of the future. They are so convinced that they are thinking up schemes to use that big expensive battery in the car for other things if the car is not used for other things. Such as when that new EV is sitting in the driveway while Watanabe-san commuted to work using the JR-train. Nissan, Hitachi, and Orix announced that they will work together on turning those batteries-on-wheels into dual-use technology. (Read More…)

GM, Toyota, and Ford reported subdued August sales numbers for China today. This rains on the parade of the China Automotive Technology and Research Center. It said yesterday that August sales in China rose 55.7 percent. Did we say “don’t take it as gospel?” (Read More…)

Days after  Vladimir Putin, well, encouraged foreign carmakers to come to Russia, open car factories and better bring the latest technology, or else, Martin Winterkorn announced that Volkswagen is planning a new assembly line at Russia’s GAZ and that they will expand their factory in the Kaluga region in the future. Winterkorn said that after meeting Putin himself and most likely after having received a similar speech as what was previously broadcasted. (Read More…)

Seasonally, August is never a great sales month in Germany. People don’t buy cars in August. They drive cars. They are out of the country and on vacation. This August was an exceptionally crummy one in Deutschland.  Only new 200,885 passenger vehicles (or Personenkraftwagen as they call them over there) were registered in August. That is 27 percent below the Abwrackprämien-addled August of 2009. But that’s only part of the story. (Read More…)

Don’t take it as gospel. The China Automotive Technology and Research Center is known for its early, but not always its most precise numbers, although their precision has improved lately. If they have their act halfway together, then a new revolution is underway in China.  According to the CATRC’s numbers, August sales in China rose 55.7 percent over a year earlier to 1.21 million vehicles. This is absoNSFWingly mindblowing, because in August 2009, sales had been up 95 percent. (Read More…)

Toyota has been selling many hybrids since they introduced the Toyota Coaster Hybrid EV minibus in 1997. A few months later, they started mass-production of the Prius, and it’s been a runaway hit. In Japan, the Prius is leading the charts. The Toyota hybrid system is available in minivans, SUVs and sedans. Nine TMC-produced hybrid passenger vehicle models and three hybrid commercial vehicle models are sold in Japan. Outside Japan, eight hybrid passenger vehicle models are sold in approximately 80 countries.  So far, Toyota has sold  2.68 million hybrids throughout the world. Of course, Toyota is proud of that achievement. But what are they really proud of? That they have saved the world from a huge pile of dangerous dirt. (Read More…)

Sometimes, strength is a weakness. Especially in currencies. The still surging Yen makes Japanese Exports expensive and unprofitable. Despite a lot of talk from their elected officials that the Yen is too high, manufacturers are thinking it will go higher. This could significantly alter the export-heavy Japanese industrial landscape. Case in point. Suzuki and a plot of land. (Read More…)

This was the Ooops month, previously called August. Before you get a heart attack from looking at the numbers, keep in mind that they are comparing with “Crazy August” of 2009, U.S. light vehicle sales were driven nearly up to the good old days of 2008 by Cash for Clunkers, only to drop 23 percent the next month. What we see this month is  a flashback of the withdrawal effects of 2009. All of this had (hopefully) been factored-in by analysts, but the numbers are coming in worse than expected.

If you don’t want to be sidetracked by the base effect of one crazy month, look at the rightmost column for the bigger picture: Up a bit for the year, but not by a whole lot.

The following list is complete. All precincts have reported. (Read More…)

In the former millennium, if you had a fantasy in overdrive and writing skills, you wrote books. These days, you join a management consulting company, and you author future scenarios. Easier and far more lucrative than coming up with “The Hunt For The Red October.“ Your client will give you the desired finale, along with a lot of money. All you need to write is a halfway logical plot that leads to the desired finale.

Everybody has decided that the future belongs to the electric car. Expensive batteries, high cost, low range, long recharge times, short battery life, these are just distractions. What we need is a halfway logical plot that leads us to the finale where the electric car gets the girl, and the ICE drives over a cliff.  In comes Frost & Sullivan. (Read More…)

Karl-Thomas Neumann, Volkswagen’s new Emperor of China, took over his job today. He replaces  Winfried Vahland, who now runs Volkswagen’s Skoda division. Neumann has a problem many would like to have. “We can’t build enough cars to meet the demand in China,” Neumann told the Sueddeutsche Zeitung. Now, if you have nothing to sell, you lose market share, and you really have a problem.  Neumann will build. he will build new factories, and  … (Read More…)

As China’s car market no longer delivers the obscene growth rates it used to deliver (pretty hard when you compare with prior-year months where car sales jumped nearly 100 percent), carmakers are looking for clever ideas to light a fire under their Chinese sales. They all come up with the same solution: Attractive loans.

But nobody wants them. (Read More…)

Japanese citizens raced to showrooms in August and bought cars as if they are going out of style. Domestic sales of new cars, trucks and buses increased 46.7 percent from the same month in the year prior. There is a reason to this: Cars will be going out of style in Japan any moment now … (Read More…)

Suzuki has a little bit of a problem keeping up with the demand in the frisky Indian market. If you can’t deliver, you lose market share. Suzuki’s share of the Indian market already slipped below their usual 50 percent. And guess who’s giving Suzuki headaches? Tata. (Read More…)