Reacting to previously reported bad news, China’s BYD has cut its 2010 sales target by 25 percent to still quite ambitious 600,000 units, reports The Nikkei [sub]. (Read More…)

Tesla cars are still hard to get and hard to find, but it’s not for a lack of international distribution. Soon, it will be easier to buy a Tesla out of the country than in the country. From April to June, Tesla Motors opened showrooms in Copenhagen and two other parts of the world, reports The Nikkei [sub] By the end of the year it plans to open three more showrooms in Tokyo, Paris and Milan.

When Bob King was elected UAW president in June, he did something that was once seen as highly un-American: He swore to give his full attention to the Japanese. At closer look, he just followed the trend: American carmakers had lost more than half of the market to foreign name plates. And the UAW, with a membership of just 350,000 is only a shadow if its former 1.4 million member glory. King wants to get new members where Americans get new cars: from Japanese and other foreign automakers’ plants in the U.S. How does he want to go about it? With good old UAW arm twisting. (Read More…)

Hush. Don’t tell American GM customers how GM’s Opel subsidiary plans to prop up seriously flagging sales. Opel can use a serious injection of something. Opel’s German sales were down by 43.5 percent in July. And Opel doesn’t have China to save their necks. Today, Opel announced their version of the Ardennen-Offensive: A last massive strike at the hearts and minds (and pocketbooks) of their customers. A warranty for life. As they say: Read the fine print. (Read More…)

In Europe, hybrids are treated as the work of the devil. In America, hybrids are more a statement of political leanings. Japan is downright hybrid-kichi (crazy). Exhibit A: Toyota’s Prius sales. (Read More…)

Three Japanese automakers, Honda, Nissan, and Fuji Heavy are officially out of the woods, at least financially. The Nikkei [sub] says they “put the global financial crisis behind them, reporting net profits that surpassed those from two years earlier in the April-June quarter.” (Read More…)

It’s the war of the unreleased documents. Days after a former NHTSA chief accused the NHTSA of burying evidence that shows that driver error was the cause in 23 out of 23 cases, ABC has the story that Toyota knew long ago how to cause sudden unintended acceleration in their cars, and failed to tell everybody how to go about it. (Read More…)

Imagine yourself going down the road with your foot on the brake pedal all the time. This is a Japanese inventor’s idea to stop driver error and unintended acceleration. To accelerate, you move your foot sideways against an accelerator bar. To brake, you stomp on the brake. A horrible thought – if you are a personal injury lawyer. (Read More…)

The suspense-filled wait for Toyota Motor Corp’s first quarter profits is finally over. Some expected (hoped?) that ToMoCo would pay dearly for the recalls. Others consulted their crystal ball that said that Toyota might have netted more than a billion US in the first quarter.  They were all wrong. Way off the mark. Not even on the same planet. (Read More…)

China’s red-hot growth numbers are coming down to earth. Which doesn’t mean that the Chinese are stopping to buy cars. We are now getting into a territory where previous year sales increases were so insane that any more outrageous growth would simply be certifiable. In July 2009, sales in China had exploded by 70 percent. A month later, in August 2009, sales nearly doubled from a year earlier. Any growth that betters these numbers is amazing. (Read More…)

Good news for Chinese parts makers: Volkswagen, by far the biggest brand in China, wants to gradually achieve full localization in China. In regular English: Volkswagen’s Chinese joint ventures plan to locally source all auto parts and components needed to make cars in China, and will stop importing them. (Read More…)

You can watch Ed Niedermeyer here if you didn’t already watch him live. Great show, Ed!

Official numbers for July sales in Germany are out now, and did we mention that the Verband der Importeure VDIK (German Association of Car Importers) is usually reliable? They said 237.500 cars in July. The official number, as reported by the Kraftfahrtbundesamt, is 237.428. The official drop is 30.2 percent. (Read More…)

Official numbers for July sales are not out yet (the Kraftfahrtbundesamt will report later today aor tomorrow), but Automobilwoche [sub]  heard from the usually reliable Verband der Importeure VDIK (German Association of Car Importers) that new registrations dropped in July by 30 percent compared to July 2009. Germans bought 237.500 cars in July. This is bad, but not as bad as it sounds. (Read More…)

Hot summer. Hot deals. Time to clear out the lot for the 2011 models. Bloomberg figures that July sales broke all records since last August’s short-lived cash-4-clunkers frenzy. Eight analysts, polled by Bloomberg’s, predict a July SAAR of 11.9 million.

Real numbers will be released tomorrow, and TTAC will be there for the blow-by-blow.

In the meantime, all indicators are in the top band. (Read More…)