World’s Largest Automakers: Toyota outdistances Volkswagen

Akio Toyoda TMS 2015 2 - picture courtesy Bertel Schmitt

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]

Chinese car market worsens in July, Volkswagen scales back global goals

Whither China? Nissan's cool investor relations chief Joji Tagawa chats with China chief Jun Seki at the quarterly results conference

Whither China? Nissan’s cool investor relations chief Joji Tagawa chats with China chief Jun Seki at the quarterly results conference

The global auto industry has a drug problem. For years, the industry has been high on China. With sales suddenly in minus territory, the industry is going into withdrawal. China amounts to more than a quarter of worldwide auto sales. China is the largest market of global automakers Volkswagen and GM. For the past decade, China was a reliable supplier of insatiable customers. Suddenly, no more. [Continue Reading]

UPDATED: September new car sales around the world

Lot in China - Picture courtesy Thetruthaboutcars.com

From the U.S. via Europe to India, September new car sales are a mixed bag.

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