From Autoblog via Edmunds to Slashgear, the automotive blogosphere is buzzing about an INSECT from Toyota. INSECT is an acronym for “Information Network Social Electric City Transporter,” and, says Edmunds (along with pretty much everybody else who copied the press release,) the vehicle carrying the creepy name “is a single-seater that features facial-recognition technology and behavior prediction, marking the dawn of the car as mind-reader.” The INSECT officially hatched today, 1 ½ subway hours from where I currently live.
As an eye-witness, I can certify that a gullible media has been had. (Read More…)
Bad European car sales are about to get worse. French September car registrations dropped 18 percent year-on-year, while Spain’s plunged 37 percent, Reuters reports.(Read More…)
If the thought of a four-cylinder BMW gives you the creeps, then this will cause chronic dermatitis: BMW is thinking of putting three-cylinder engines into vehicles sold in the United States. (Read More…)
Renault is playing hardball in France. Message to government and unions: We can make our cars elsewhere. After Renault CEO Carlos Ghosn said last Friday that Renault could disappear from France “in its current form,” his Chief Operating Officer Carlos Tavares said that production in other countries could be cheaper. (Read More…)
September was the month when the torrid growth of Japanese car sales came to an end. Sales of all cars were down 3.4 percent in Japan. The market is down for two reasons, mathematical and governmental. (Read More…)
Reporters of Reuters, roaming the floors of the doom-dominated Paris Auto Show, finally found a feel-good trend: Green supercars, or make that guilt-free kickass swank, targeted at cash-positive crisis-sated, climate-conscious consumers . (Read More…)
McLaren shows the P1 concept at the Paris Motor Show. Due to budgetary constraints, we had to outsource the video to India, and leave the reporting to Ireland’s Student News, which reports: (Read More…)
Renault chief Carlos Ghosn said in a radio interview with RTL that his company could leave France if it is unable to compete at home. Asked if Renault could disappear, Ghosn said: “In its current form, yes.” (Read More…)
“Perhaps no story will get more play than the third-quarter earnings report General Motors has now scheduled for October 31, less than a week before the election. Could this prove to be the sort of October Surprise that has sank or resurrected so many presidential bids in the past?” (Read More…)
TTAC readers who followed our past reporting on the developing relationship between Daimler and the Renault/Nissan Alliance will not be surprised in hearing what Carlos Ghosn and Dieter Zetsche told the press today. If you think you’ve heard it all before, you are right. You did here. (Read More…)
GM’s Susan Docherty, who is in charge of Chevrolet Europe, is shocked by GM alliance partner PSA Peugeot Citroen. PSA, along with Fiat, are producing “very scary numbers” with discounts of as much as 30 percent off gross sale prices, Docherty told Bloomberg. Opel’s numbers can be even scarier. (Read More…)
A day after TrueCar and Kelley handed in their sales forecasts for September, Edmunds followed. Edmunds is more on the cautious side and projects that 1,145,344 new cars and trucks will be sold in the U.S. this month for an estimated Seasonally Adjusted Annual Rate (SAAR) of 14.4 million light vehicles, and up 8.8 percent from a year before. (Read More…)
European auto sales likely will fall 8 percent this year, Renault/Nissan CEO Carlos Ghosn told Reuters today in Paris. Should some industry leaders be hoping for government help, then Ghosn has bad news for them. There is “zero chance” for a government-led restructuring of Europe’s auto industry. ” Every company is going to have to deal with its own problems,” Ghosn said. (Read More…)
Toyota Chairman Fujio Cho was sitting in his company jet, ready to go to Beijing for talks with the Chinese leadership, but the jet never got off the ground. After Chinese aviation authorities refused landing permission in Beijing, Cho left his plane and went home, NHK reports.(Read More…)
In Part 1 of our talk with Infiniti CEO Johan de Nysschen at his new office at the Infiniti world headquarters in Hong Kong, we talked about his new job, about new directions for Infiniti, and for the brand. In the second part, we talk about the new cars Infiniti will bring, where they will be made, what engines will be in them, and what deNysschen thinks about the plan to sell half a million by 2016.
In April at the Beijing auto show, Nissan’s Andy Palmer said he wants to see 500,000 Infiniti sold by 2016, while conceding that this is “an aggressive target.” In the last fiscal year, Infiniti sold 141,000 units worldwide, 105,000 of those in the Americas. In carefully crafted words, de Nysschen explains what he thinks of the 500,000 unit target: (Read More…)
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