You may have noticed: We moderate here much less than we used to. We count on the urbane behavior of our commenters. Usually, that works. In the few cases when it does not, we usually don’t edit or delete comments. We issue a warning when the line is crossed.
Imagine what happened if the representative of a large Japanese or Chinese car company would demand that America should close some car factories before easier access to foreign markets would be contemplated. All hell would break loose, and the Seventh Fleet would steam in the direction of the loose cannon – if it is not already there. What happens if the representative of Ford says that Japan should be required to reduce the size of its auto industry before being allowed into regional free trade talks with the United States and eight other countries in the Asia Pacific? Business as usual. (Read More…)
Germany defies the European downtrend of car sales. In April, Germans bought 2.9 percent more cars than in April 2011. Europe’s largest car market most likely has cushioned the fall in other EU countries again, which will be evident once ACEA numbers for the EU are published in a week or two. (Read More…)
While other car companies are perfecting the art of the slow on-line strip-tease of their car pictures, over in Germany, GM’s Opel does a slow reveal of a name. (Read More…)
Sales of cars in Japan nearly doubled in April. Sales of registered vehicles rose 92 percent to 208,977 units from 108,824 a year earlier, the Japan Automobile Dealer Association reports. Sales of separately tallied mini vehicles rose 96 percent, according to data provided by the Japan Mini Vehicles Association. Consolidated, the market rose 93.7 percent. This does not include imports, which will be reported at a later date. (Read More…)
Our analysts did a stellar job this month. The panel of 15 analysts polled by Bloomberg came very close to the final results. Our perennial winner, Jessica Caldwell of Edmunds, came even closer and takes a very well deserved top spot. (Read More…)
If you want to pretty-up the P&L of a car company, there are two quick fixes: You cut marketing expenses, or you cut R&D. A cut of R&D expenses won’t show up negatively for three to five years, when you suddenly lack new cars to sell. In the meantime, you look like a hero. General Motors plans to cut about a quarter of the workers at its R&D facility at the Warren Technical Center in suburban Detroit, Automotive News [sub] says. (Read More…)
Forbes predicts that the U.S. will bypass China this year as the world’s largest auto market. Forbes does that because it employs as its China expert one of the lousiest forecasters in the business. Regular Forbes columnist Gordon G. Chang published a book in 2001, titled “The Coming Collapse of China.” In it, he predicted that China would implode by 2006, if not earlier, due to the mass of non-performing loans. China did not implode. Instead, non-performing loans brought the U.S. banking system and the world to the brink in 2008. In 2006, Chang wrote the book “Nuclear Showdown.” In it, he predicted that North Korea would rain nuclear missiles on Japan. Has not happened either. Now, Chang predicts that China will no longer be the world’s largest auto market when the year is over, and that the title will go back to the U.S.
By making this prediction, Chang shows that America is a land of opportunity: People who can’t count and aren’t really bright can become famous columnists at Forbes. (Read More…)
According to The Nikkei [sub], GM and Isuzu will start negotiations in early May for a roughly 10 percent share. If the negotiations are successful, Isuzu President Susumu Hosoi and GM CEO Dan Akerson could meet this summer to sign the agreement. (Read More…)
Volkswagen’s SEAT has been a bit luckless recently. The victim of the Mediterranean malaise seeks to improve its odds by exporting cars to China. Lacking new models to introduce, Seat showcases a new culinary delight: Blondes on a stick. (Read More…)
When it comes to car blogging, China has long bypassed the rest of the world. Even much larger sites than TTAC look like midgets compared to the Chinese giants. Nothing shows that more drastically than the Beijing Auto Show. (Read More…)
Toyota will launch a domestically produced plug-in hybrid in China before the year is over and will follow with EVs once certification is completed, said Dong Changzheng, executive vice president of Toyota Motor (China) Investment Co., to a small group of reporters at the Beijing Auto Show. The cars will be marketed under a yet to be announced “Chinese” brand. (Read More…)
The first fruits of a large scale joint venture of a leading U.S. supplier and a consortium of Chinese automakers will debut in FAW’s Hongqi (Red Flag) luxury sedan. BorgWarner United Transmission Systems (BWUTS) will supply DualTronic control modules and clutch modules for a seven-speed wet dual-clutch transmission (DCT) that goes into FAW’s Hongqi in late 2013. (Read More…)
Sometimes, journalists are in the pockets of people. This time, people are in the pockets of journalists: More than 40 theft cases were reported in the first hours of the 2012 Beijing Auto Show. (Read More…)
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