Holden and HSV try their hand at the “Imported From Detroit” style car commercial. As someone who has always been partial to Aussie muscle sedans, it’s easy for me to say I’m a fan. No doubt the line about cars becoming “smaller, quieter and more vanilla” will resonate with many of us. In a country where the Mazda3 and Toyota Corolla have knocked the Commodore and Ford Falcon off the top perches of the sales leader boards, it carries extra significance.
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A report in Automotive News Europe (courtesy of Bloomberg) highlights just how much growth potential there is for BMW in China. Karsten Engel, BMW’s top man in China told the outlet
“Strong growth in future will come from the smaller cities, and the strong growth will also come especially from the western region…There are 100 cities with more than a million inhabitants in China with no premium car dealers at all, so this shows the huge potential we’re having in this country,” he said in an interview in Beijing.
Put another way: in 1994, BMW sold 800 cars annually in China. Now, they sell about 900 per day.
We all knew that the Alfa Romeo 4C was going to be light, but the recently announced curb (looks like it’s the dry weight) weight of 1969 lbs is unprecedentedly svelte in this era. That’s the same weight as a Lotus Elise or a Volkswagen Up! That 237 horsepower turbo 4-cylinder doesn’t seem so puny anymore, does it?
A sad day for both Ford and Australia. The Blue Oval has officially announced an end to building cars in Australia, which Ford has done since the 1920s.
Ford has long been at the forefront of the currency debate, claiming currency manipulation when the yen went to levels that nearly killed the Japanese auto industry, and shouting “currency manipulation” now that the yen is back to normal levels. Now, Ford itself experiences the devastating effects of changing exchange rates: Ford is shutting down all its manufacturing operations in Australia. The reason: A strong Australian dollar. Says Reuters: (Read More…)
The Ford Fiesta looks to be picking up and moving from its current assembly locations in India and Mexico to a central location in Thailand when the next generation rolls around in 2016.
One of the bigger stories of 2013 has so far managed to escape the news cycle. I’m not exactly sure why Nissan’s announcement of significant reductions on the MSRP of new cars hasn’t gotten more coverage, but I’m also not 100 percent sure of Nissan’s motives either.
The latest round of bad news regarding the Australian domestic auto industry has shifted TTAC’s attention to Canada, another country burdened with some similar issues. If Australia’s own car industry is getting hammered, then how much longer does Canada have?
Jac Nasser, the former head of Ford, is warning that Australia’s car industry has passed the point of no return, and expects to see it die within the next few years.
Honda’s 2014 Odyssey doesn’t have any of the stuff that enthusiasts care about. Never mind the fact that it’s a minivan, but there’s no powertrain upgrades or shiny rims for its midcycle refresh. But you know what it does have? A vacuum cleaner. Honda partnered with ShopVac to create a vacuum cleaner for the Odyssey, one that can run indefinitely with the engine on, or for as long as 8 minutes with the engine off. If you have small children or pets, this is a god send. I won’t label it a game changer or say that Honda is about to dominate the minivan market, but it is going to sell a lot of buyers on the showroom floor when they see this.
Upon receipt of a multi-billion dollar loan from the Canadian government, General Motors signed a “Vitality Commitment”, essentially a covenant in the loan agreement between GM and Canada’s government, which guaranteed that a certain amount of GM’s North American production would remain in Canada. That number is widely reported as being 16 percent, while page F-69 of GM’s IPO filings outlines that the covenant is valid until GM repays its loan commitments or until December 31, 2016, whichever comes later.
While Oshawa has widely regarded as one of GM’s best plants in terms of producing high-quality vehicles, the future of GM’s Oshawa plant is looking increasingly bleak.
A weakening yen and a rebounding economy have occurred just in time for Honda. The auto maker is opening its first new Japanese plant in 49 years, bucking a trend by Japanese auto makers of opening new plants in every locale but Japan.
Looking at Renault’s European sales, one sees red. Looking at Renault’s stock chart, one sees the best valuations in the last two years, and a trend that is going up. What does the market know we don’t?
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Less than a day after PSA announced their new EMP2 modular platform for C and D Segment cars, TTAC was already questioning the health of the seemingly moribund GM-PSA alliance for medium and large-size cars. Now, we have an answer – Opel will be adopting EMP2.
Our NAIAS preview post revealed a common theme of dissatisfaction with the slow-striptease style of product reveals, where manufacturers “leak” teaser shots ad nauseam in the run-up to a product launch. It seems the readers are tired of it, and frankly, I am too. So what’s to be done about it?
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