- Cadillac CEO keeps brand’s prices high – FT: Executive says strategy may cost carmaker market share
- GERMANY: Mercedes adds Shooting Brake to CLA family – Just-auto: Mercedes-Benz has added the CLA Shooting Brake to the CLA compact car range.
- Russian oil tsar to meet OPEC as Saudis keep market guessing – Reuters: Russia’s most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group’s leader Saudi Arabia kept the market guessing about its response to flagging oil prices.
- Japanese regulators to oversee Takata recalls, investigate Honda’s recall errors in U.S. – Automotive News: Japan’s transport ministry will form groups to oversee airbag recalls tied to Takata Corp. and probe Honda Motor Co. for underreporting faults in the U.S., adding to regulatory scrutiny of the two companies.
- Researchers Tout Supercapacitors for EV Power Boost – Wards: Supercapacitors made into a thin film with a high power density could be embedded in an EV’s body panels, roof, doors, hood and floor, storing enough energy to charge the battery in just a few minutes.
- UPDATE 2-Russian oil tsar to meet OPEC as Saudis keep market guessing – Reuters: Saudi’s Naimi brushes off questions on oil price, supply (Adds Naimi meetings, analysts)
- GERMANY: Carmakers looking to use more carbon fibre, says SGL boss – Just-auto: More carmakers are looking to use parts reinforced with carbon fibre to help them make lighter and more fuel efficient vehicles, according to the CEO of SGL Group Juergen Koehler.
- US: Edmunds sees Black Friday boost for November car market – Just-auto: Edmunds forecasts that 1,261,813 new cars and light trucks will be sold in the US in November for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.7m. It says the market will get a boost from the impact of Black Friday’s retail sales stimulus later this week.
- SWEDEN: Volvo Group makes EUR400m provision for EU antitrust probe – Just-auto: Volvo Group says it has decided to make a provision of EUR400m in respect of an on-going antitrust investigation by the European Commission into heavy truck pricing and the possibility of collusion between a number of European heavy truck makers.
- SOUTH KOREA: Hyundai Motor raises 2014 sales target – Just-auto: Hyundai and Kia have raised their 2014 global sales target to at least 8m vehicles, up from 7.86m, as they expect high volumes in China sales to offset slowing growth elsewhere, particularly in the US and Europe.
- Tesla says in talks with BMW over car batteries, parts – Reuters: U.S. electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible collaboration in batteries and lightweight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel.
- Hyundai-Kia says it will sell record 8 million vehicles globally in 2014 – Automotive News: Hyundai and Kia said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year, even as a stronger won erodes profitability.
- Hydrogen Fuel Cell Vehicles Next Chip in CO2 Credit Game – Wards: In 2017, California’s emissions rules will change and FCVs will carry the traveling credits automakers use to remain 50-state compliant. The rule change could lead to a shift in OEM capital investment.
- US Data Privacy Guidelines Not Compatible With Euro Privacy Laws – Via Google News: … says the standards developed by the Alliance of Automobile Manufacturers and the Association of Global Automakers to both handle said data and …
- UPDATE 1-Tesla says in talks with BMW over car batteries, parts – Reuters: U.S. electric carmaker Tesla Motors is in talks with Germany’s BMW over a possible collaboration in batteries and lightweight components, Tesla’s Chief Executive Elon Musk told German weekly Der Spiegel.
- Car That Flies Nears Liftoff as Pioneer Touts Soaring Over Roads – Via Google News: Critics say flying cars are unlikely to be both great airplanes and great automobiles. But that misses the point, says Dietrich, who explains the …
- BMW, Mercedes gain in once-impregnable Korea – Automotive News: South Korea’s car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany’s BMW and Mercedes take advantage of a free trade deal to grow sales in a once impregnable market.
- ’18 Wrangler to get 8-speed automatic, FCA filing shows – Automotive News: The long-awaited Jeep Wrangler redesign planned for 2018 will come with an eight-speed automatic transmission that promises to dramatically improve the off-roader’s fuel economy.
- Airbag inflator shortage plagues industry – Automotive News: Honda and other automakers that have recalled vehicles equipped with Takata airbags are trapped in a nasty dilemma.
- Ghosn: Nissan will fill gaps with Japanese imports – Automotive News: As Nissan Motor Corp. pushes to boost U.S. market share and cut reliance on Japanese imports, it’s clear which goal takes priority: selling more vehicles. Even if it takes more imports to do it.
While Herr Schmitto-san was learning about Toyota’s new Mirai fuel cell vehicle (FCV) by not driving it in Japan, I was busy learning about Mirai by driving it in sunny Southern California. The Los Angeles area is already ground zero for hydrogen-powered cars in the US, thanks to major investments by the state government and small-scale FCV deployment by Honda, Hyundai and BMW. Soon it will be the first market for Mirai, the first FCV to be offered for sale to consumers and Toyota’s first step into a long-awaited hydrogen future. Driving the Mirai past competitor FCVs and refueling at a station that pumps hydrogen extracted from local sewage, it becomes clear that the first steps towards Toyota’s vision of a “hydrogen society” have already been made in sun-soaked Orange County.
Stepping up the pace in its quest for world domination, Volkswagen will pour €85.6 billion ($106 billion) into “new models, technologies and production facilities in the coming five years,” the Wolfsburg carmaker said today in a press release. VW also made no bones of its objective “to become the leading automotive group in both ecological and economic terms.”
Volkswagen announced years ago its intention to become the world’s largest, greenest, and most profitable carmaker by 2018. The world’s largest already is within reach, also because world leader Toyota stubbornly refuses to grow. In a strategy completely opposed to that of VW, Toyota has announced again and again that it won’t build new car factories until 2016 at least. [Continue Reading]
Yesterday, Cadillac-chief Johan de Nysschen promised to double the brand’s sales and models by 2020, he raised the possibility of a $250,000 halo-Caddy (HC10?), he presented the Cadillac ATS-V without a tie, as if it’s post-Fukushima cool biz in … [Continue reading]
LA motor show proves our hydrogen future is coming up fast - Autocar: Volkswagen, Audi and Toyota all showed off their near production-ready hydrogen-powered cars in LA, and now all that's needed is the infrastructure to support them. It was … [Continue reading]
For more than 30 years, a joke has circulated in automotive circles that hydrogen fuel cells are the future of the car... and always will be. Nearly every automaker has flirted with the technology at some point since the 1980s, either in their … [Continue reading]
Arizona sues General Motors, says it hid safety defects - Reuters: Arizona State filed a lawsuit against General Motors Co , claiming the carmaker put the public at risk by concealing safety defects to avoid the cost of recalls. Fiat Chrysler … [Continue reading]