By on April 14, 2012

By on April 14, 2012

The Nikkei [sub] comes with the good news that “Japan’s automakers have finally resolved the inventory shortages that have hindered their sales in the U.S. market.” According to the Tokyo wire, Japan’s automakers “are in a better position to compete with their Western and Korean rivals,” now that lots are stocked again.

Well, not quite. Japanese inventories are still fashionably slim compared to some Detroit chubbos. Pop some Tums and have a look. (Read More…)

By on April 14, 2012

If you value your life, don’t get on the road on Tuesday. Your chances of getting killed in an accident will be six percent higher than on any other days. Why? Tuesday, April 17th is tax day. (Read More…)

By on April 14, 2012

A huge explosion in an industrial park in Marl, Germany, killed two. It also could bring the world’s auto industry to its knees “in the next few weeks,” writes Bloomberg. (Read More…)

By on April 14, 2012

That Lexus will come out with a new ES Hybrid, dubbed the ES300h, is no secret.  Being an entry level Lexus, it has to watch its price point. It also has to contend with the high yen, most of the Lexi are exported. The Nikkei [sub] thinks it know how Toyota will solve this dilemma, at least partially. Toyota will make the ES300h on the Japanese island of  Kyushu, “taking advantage of the site’s proximity to Asian suppliers of low-cost parts,” The Nikkei says. (Read More…)

By on April 13, 2012

The collapse of the house of cards built with subprime mortgages was a central reason for the 2008 crash. GM’s GMAC was brought down by subprime loans. The economy has not quite recovered, and the deck of cards is again being used as building material. Back in the high-risk game: General Motors.

Writes the New York Times: (Read More…)

By on April 13, 2012

The Nikkei [sub] must have been having intimate chats with sources high up in Nissan’s tower at the Yokohama waterfront again.

Prematurely perturbing press people at Nissan, the Tokyo wire reports that a new factory will be constructed in China, and that Infiniti cars will be built at yet another factory in China. In the meantime, Reuters cultivated sources at Renault and says that Renault will finally finalize a deal to produce cars in China. (Read More…)

By on April 13, 2012


How do you produce record gains while your home market goes to hell in a hand basket? Volkswagen has the answer: You try to keep the lid on the hand basket and sell like hell elsewhere. The Volkswagen Group delivered 2.16 million vehicles globally in the first quarter of 2012, up 9.6 percent from the same period in 2011.This was the first time that the two million mark was crossed in the first quarter of a year. Record deliveries were also recorded for the month of March: 862,700 units, up 12.5 percent from 767,100 in March 2011. (Read More…)

By on April 13, 2012

 

There are automakers that treat you like a moron. They sell you a fuel saving package that costs so much and/or saves so little that you won’t see the savings until you and the car are ancient. As some comments will surely prove, there are people who like to be treated as morons. For those, some alleged fuel saving packages serve a purpose. Some like to be insulted, whipped and charged $800 by a dominatrix, others prefer the same treatment from a dealer. Nothing wrong with it amongst consenting adults. (Read More…)

By on April 12, 2012

“Gas prices are nearing $4 per gallon nationwide and consumers are getting reluctant to pay any additional money at the pump when buying a new vehicle,” said Jesse Toprak of TrueCar.  This changes buying pattern, and it might influence election results. Important as the topic may be, foreign carmakers continue to give you the most mileage. American carmakers lag. (Read More…)

By on April 12, 2012

For a long time, carbon fiber was a high tech, high cost product. Slowly, carbon fiber is going mainstream. From Volkswagen to Toyota and GM, large automakers have carbon fiber projects in the works. Now, Ford is joining the bandwagon made from lightweight fiber.

Ford  joined up with fiber specialist Dow Chemical “to develop cost-effective ways of using carbon fiber in high-volume cars and trucks as the No.2 U.S. automaker moves to cut vehicle weight to improve overall fuel economy,” Reuters writes. (Read More…)

By on April 11, 2012

China’s March numbers are in and they are – ok. The first quarter is down a little, March is up a little. People who were hoping for a return of unbridled growth are just as disappointed as those who had wished the pox of a monster crash on China. (Read More…)

By on April 11, 2012

It would be a great announcement to start the Beijing Auto Show, opening to the media in the world’s largest car market on April 23. Audi has its eyes on another date in the calendar: On April 18, a day before VW’s annual shareholders’ meeting in Hamburg, Audi should announce the purchase of Italy’s motorcycle maker Ducati, sources tell Reuters.

The story has been around for a while, but a due diligence check takes time. Audi’s auditors did not find any hidden skeletons, reports the wire service. Other papers, such as the Corriere de la Sera, and Germany’s Handelsblatt agree.

Ducati would round out Volkswagen’s brand portfolio nicely. It would have everything from heavy trucks, even ship engines, to screaming superbikes. It also would flip the bird at Audi’s Bavarian rival BMW.

 

By on April 11, 2012

Record new car sales are not the news one does expect from Europe. But those are the news from Germany.

One by one, German automakers – with the notable exception of Opel – are reporting unheard-of numbers. Let’s have a look. (Read More…)

By on April 10, 2012

TTACers have known it for quite some while: Europeans won’t get a Prius C / Aqua compact hybrid, they will get a hybrid Yaris. Today, the first one rolled off the line at Toyota’s plant in Valenciennes, in the north of France. (Read More…)

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