After travelling to Iran, Japan, and Russia over the last week, let’s get back to our beloved United States this time to explore what the wealthiest Americans are buying rights now…
After a trip to Russia last Wednesday and a thorough look at Japan on Monday, here I am again, annoying you with ever more worldwide car sale figures. This time let’s get back to basics and look at the best-selling hybrid/electric cars in the USA, a category up 75 percent year-on-year…
And now, the hangover: July brings disappointing sales numbers for GM and Ford after June had surprised. GM is down 6 percent in July. Ford is down 4 percent. Even Chrysler Group reports down to earth results with July up only 13 percent after a truly ballistic series of months. In June, Edmunds Senior Analyst Jessica Caldwell politely voiced suspicions that the beautiful June numbers were the product of cosmetics: (Read More…)
After the much anticipated (yes!) May World Roundup (no hyphen) article last Monday, I thought I’d spoil you and come back unannounced right in the middle of the week to lighten up a drab day at work. If you’re having a fantastic day at work, make your way out . If when you click on the link above you find you absolutely love that little Roundup of mine, then you are welcome to check out previous world Roundups here for March 2012 (“Has the Hybrid era started for good?”), and here for April 2012 (“Big change coming from India”).
Today, we are travelling through time to have a look at the best-selling models in the USA 20 years ago, in 1992. Yes, 1992 is 20 years ago. I know. I also feel like I just celebrated NYE 1993. But we are all 20 years older now. So if you are having a fantastic day at work, AND you were born after 1992, man/woman, just don’t talk to me ok?
Optimism sure ain’t what it used to be. Introducing its latest survey of auto industry executives [PDF], Booz & Co. proclaims that “optimism is skyrocketing,” and that “a new wave of optimism is overtaking the U.S. auto industry.” They’re not wrong, but for those used to the pre-bailout days of unabashed optimism dressed up as analysis, the “new optimism” is remarkably guarded. And it’s all relative to the pessimism that was beginning to set in when the industry began to realize that the “old optimism” was wildly at odds with the slow-motion market recovery.
So, just how optimistic is the “new optimism”? Which companies have the most reason for optimism? What do industry executives worry about most? When do they expect a Chinese invasion? The answers to these questions and more after the jump.
Now for those of you who are still interested, I will start by saying that no, the Honda Element is not the least selling car in the country, but just: with just 3 models sold in the last 3 months and down 99.8% year-on-year it ranks #261 out of 265 models accounted for…That would be because the model has been discontinued and is no longer produced.
Why did I focus on the Honda Element? Just because.
If you believe, well, TTAC, then minivans are “deeply uncool.” The criminal element in Japan begs to differ. Toyota’s HiAce minivan was the most stolen automobile in Japan in 2011, says The Nikkei [sub]. The next most stolen cars in Japan are from Toyota also: The Celsior sedan and the Land Cruiser SUV take the second and third position on the podium of infamy. Let’s investigate … (Read More…)
Which is why I have more time travel for you this week: let’s go back to 1975, a time when the average house cost $39,000, the average new car $4,250, both inflation and unemployment rates hit 9.2% and a gallon of gas cost an outrageous 44 cents…but most importantly it was the year Jaws was released.
If the idea of going back to these depressing times is not what you need today, that’s ok. I have prepared 160 countries for you to visit in my blog, and I can tell you it is worth the browse, so click away!
“It’s a good feeling to have an Olds around you” the ad said, and a lot of Americans agreed…
Over the last few weeks we’ve been to Botswana, Malta, Bangladesh and Venezuela. Well I have a surprise for you this week: we are going to the most exotic of places – to the eighties! We travel 25 years back in time, back to homely United States of America, and, you know, party like it’s 1986! You are welcome. That’s what friends are for.
Now, I know it is controversial to study the US in an article titled ‘Around The Globe’ but hey, I pride myself to be able to surprise you week after week so you can’t be mad at me for trying… The only thing is, 1986 might be a very bad year for you to remember and a bad idea for me to pick…. could be for any reason (don’t tell me) but it’s ok if so, there are 155 (truly exotic) countries to visit in my blog, and I can tell you it is just great, so click away!
Back to 1986. This was a time when the Top 6 best-selling vehicles in the US and 8 of the Top 10 were all American… Livin’ in America, baby!
When I was still working for Volkswagen, I blatantly picked up the delegations from Wolfsburg in my Eddie Bauer Expedition when they arrived at JFK. The higher paygrades were already used to it. The lower paygrades inevitably asked: “Why don’t you drive a Touareg?” While bouncing down the Van Wyck, I inevitably shouted “Silence in the third row! The Touareg doesn’t even have a third row. If I had a Touareg, you’d be sitting in a taxi.”
Soon I’d run out of excuses: If Germany’s AUTO BILD and the DetN are correctly informed, then Volkswagen will get a big SUV – big enough for Americans, even for those with a smaller wallet. (Read More…)
For years now the Chinese automakers have been the bête noir of the global car industry, inspiring equal parts fear and contempt in boardrooms and editorial meetings from Detroit to Stuttgart. In an industry built on scale, China’s huge population and rapid growth can not be ignored as one scans the horizon for dark horse competitors. And yet no Chinese automaker has yet been able to get even a firm toehold in the market China recently passed as the world’s largest: the United States.
Certainly many have tried, as the last decade is littered with companies who have tried to import Chinese vehicles, only to go out of business or radically rethink their strategy (think Zap for the former and Miles/CODA for the latter). Others, like BYD (or India’s Mahindra), have teased America endlessly with big promises of low costs and high efficiency, only to delay launch dates endlessly. In short, a huge gulf has emerged between overblown fears of developing world (particularly Chinese) auto imports and the ability of Chinese automakers to actually deliver anything. No wonder then, that we found what appears to be the first legitimate attempt at importing Chinese cars to the US quite by accident…
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