Well, it was bound to happen. The ugly step-child of the Lexus lineup, the HS250h, is dead. And the too-tall corpse has been decomposing for quite some time.
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Tag: Sales
Yesterday, we brought you the bad news about European auto sales in April. You are a gearhead, you don’t care about market share and percentiles, you care about cars! Here is how cars fared in Europe in April. Are you safely buckled-up? (Read More…)
Listening to the news from Europe, one thinks that there is chaos in the streets of Europe. Not yet. But Europeans are clearing room for chaos by buying fewer cars. 1,017,912 new passenger cars were registered in the EU, or 6.9 percent less than in the same month of 2011. Four months into the year, new registrations in the EU were 7.5 percent lower than a year earlier, the European manufacturers association ACEA reports. (Read More…)
Exports have been mentioned before as a way to help improve Opel’s precarious near-term fortunes, and now one of Germany’s state-level Prime Ministers is throwing his support behind the export plan.
The tempo of Porsche’s global growth slowed to 7.2 percent in April on sales of 12,588 units. This is down from the 12.6 percent gain the folks from Zuffenhausen racked up from January to April. “What do you expect, European malaise,” is the knee-jerk reaction.
The surprising malaise is elsewhere, further east, much further east. (Read More…)
Some of you are probably tired of the continuous reporting on car sales in China. Executives of the world’s biggest carmakers think otherwise. Without China, their companies would be also-rans. General Motors for instance says it sells more cars in China than back home. January through April, GM reports 972,369 sales from the Middle Kingdom, versus 821,707 in America. Getting a firm hand on sales in the world’s largest car market is important, but difficult. The tear out from a table published by Reuters illustrates this vividly – to the numerically unchallenged. (Read More…)
Yesterday, Volkswagen sent out a gushing report, saying that group deliveries rose 6 percent in April and 8.6 percent January to April. Something smells in Wolfsburg. Let’s take a look. (Read More…)
Vehicle sales in China were up a tepid 5.19 percent in April, the China Association of Automobile Manufacturers (CAAM) reports. From January to April, overall auto sales, including passenger cars and commercial vehicles, fell 1.33 percent year-on-year to 6.42 million units. Want better news? No problem! (Read More…)
For the 11th straight month in a row, Toyota’s Prius topped the list of Japan’s best-selling cars in April. Toyota’s new compact hybrid, the Aqua, known in the U.S. as the Prius c, was a close second. (Read More…)
No, TTAC hasn’t been hijacked by car dealers other than Mr. Lang. Scouring the local newspapers, TTAC’s Great White North contingent found brand new Fiat 500s being sold for the incredible price of $12,995 for the base “Pop” model.
News of strong April results of key players in the world’s largest auto market China may indicate than China’s rest and recuperation period is over. SAIC’s auto sales are up 12.6 percent, says Reuters. GM reports record sales from China, up 11.7 percent for the month. Toyota told Reuters that its April sales in China were up a whopping 68 percent. Is the Middle Kingdom turning the corner to another episode of hyper growth? Let’s take a look. (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…)
Once upon a time, GM’s North American operations spewed red ink across the firm’s balance sheet, with the whole mess kept afloat by relatively strong overseas operations. Now GM makes most of its money at home while its international divisions limp along. No, really: in its just-released Q1 financial report, GM reveals that some $1.7b of its $2.2b global EBIT came from its once-troubled home markets. What a difference a bailout makes!
As a teenager, I idolized Tom Wolfe after reading Bonfire of the Vanities. By the end of high school, I had read every single book read by him, and his too-brief description of the muscle cars of American astronauts in The Right Stuff instantly came back to me (along with the smells of my high school cafeteria) upon seeing this ad.
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…)
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