Who will be the world’s largest automaker by the end of the year? As the race between global giants Toyota Motor Corp and Volkswagen AG gets increasingly tighter, the answer likely will remain in doubt for months to come. Earlier in the year, Toyota was out-delivered by Volkswagen, and the supposedly dieselgate-doomed German automaker had a clear shot at reaching its declared target and become the world’s largest. Today, the picture changed. After a sudden push in August deliveries, Toyota now leads VW – not by a whole lot, though.
A leading German politician claimed yesterday that the U.S. government may be providing fire support for its automakers by aggressively targeting foreign competitors. This accusation caused outraged headlines in the U.S. It does, however, reflect broad thinking in Europe, and in the rest of the world. It also is not the first time this has come up. A similar scandal was used to box-in Toyota, and to provide a nest for fledgling Tesla.
Only a miracle could help Volkswagen reach its goal of becoming the world’s largest automaker this year, and miracles are in short supply in Wolfsburg. With October data by Toyota in, it looks like VW will miss its goal by more than 200,000 units when this year’s race is over. [Continue Reading]
Where will the next dieselgate shoe drop? Informed observers are convinced it will be at GM. This weekend, the London Times published tests that show Vauxhall’s Corsa, Astra and Vectra diesel cars as “among the most polluting models on Britain’s roads — typically emitting twice the level of toxic nitrogen oxides (NOx) seen from rival manufacturers’ cars.” [Continue Reading]
Nine months into the year, it becomes evident that in all likelihood, Volkswagen will once again miss its stated goal of becoming the world’s largest automaker. Nine months into the year, Toyota is nearly 100,000 units ahead of VW, with the gap expected to widen slightly by year-end. [Continue Reading]
We were skeptical when the crowd crowned Volkswagen world’s largest automaker two months ago, and it looks like VW won’t be king of the hill when the year ends. As of August, and some 50,000 units ahead of Volkswagen, Toyota remains world’s largest automaker. [Continue Reading]
Among the many gems Renault’s and Nissan’s CEO Carlos Ghosn delivered this morning to the students of Tokyo’s prestigious Waseda University, this was the most precious:
“Everything we see is true. But we don’t see everything.”
This rings especially true during the current media frenzy.
A month ago, we did not join the crowd that prematurely crowned Volkswagen king of all automakers. A week later, we pronounced that VW’s triumph may be fleeting. And fleeting it is: As of today, Volkswagen finds itself back in the familiar number 2 position, with Toyota resuming the lead. [Continue Reading]