From one day to the other, Europe appears to throw the switch from being EV-skeptics to becoming all-out EV-fanatics. Diesel, the highly popular propulsion in the Old Country, is being turned into a villain and chased off the streets, and there is sudden agreement that the streets belong to battery-electrics. [ There is more … ]
Archives for 2014
Tuesday morning car news roundup, December 9, 2014
- Hyundai recalls 42,925 sedans in U.S. for possible brake light issue – Reuters: Hyundai Motor Co is recalling 42,925 sedans in the United States due to potentially faulty brake lights, according to documents filed with U.S. safety regulators.
- VW’s Audi says November sales up 11 percent to record 146,250 cars – Reuters: Audi increased sales of luxury cars 11 percent in November to 146,250 vehicles, its best-ever result for that month, bolstered by double-digit growth in the United States and China.
- Honda widens airbag safety probe globally – FT: About 13m vehicles to be recalled over concerns about Takata product
- BMW C.E.O. Norbert Reithofer to Step Down Earlier Than Expected – NY Times: The German carmaker said Mr. Reithofer would step down as chief executive in May and would be replaced by Harald Krüger, the head of production.
- RUSSIA: Volatile market and scrappage ease alarming decline – Just-auto: Exchange rate depreciation concerns and scrappage are driving Russian consumers to speed up purchases of new cars as political uncertainty combined with the threat of sanctions, contributes to the volatile market.
- UPDATE 1-Mazda says US recalls over Takata air bags to be expanded nationwide – Reuters: Japan’s Mazda Motor Corp will soon expand a recall of vehicles in the United States involving potentially defective air bags from Takata Corp , it said on Tuesday.
- Lincoln Intent on Growth in China – Wards: Even though Lincoln is just getting started there, the brand has something many premium makers lack: a rich history of celebrities and American presidents as customers. Still, the brand president says sales in China will not rival Audi anytime soon.
- Tesla stock tumbles as low fuel prices raise concerns over EV demand – Automotive News: Tesla shares have dropped 14 percent in seven trading days on growing concern that the cheapest gasoline in more than four years will dampen consumer enthusiasm for the company’s luxury electric cars.
- Mazda says US recalls over Takata air bags to be expanded nationwide – Reuters: Mazda Motor Corp will soon expand a recall of vehicles in the United States involving potentially defective air bags by Takata Corp, a spokeswoman said on Tuesday.
- U.S. judge stalls Takata class action as jurisdiction gets decided – Automotive News: Consumers can’t immediately pursue a lawsuit against Takata and multiple carmakers claiming loss of vehicle value tied to airbag recalls while awaiting a decision that would combine more than 50 cases before one judge.
- German carmakers unveil surprise changes in top management – Reuters: In a surprise move, BMW said on Tuesday its long-time chief executive Norbert Reithofer would step down in May, one year early, and hand the reins of the Munich-based luxury carmaker to 49-year-old production chief Harald Krueger.
Bonus $$$TSLA story: Tesla finally catches up with technology, will have satnav in China, some time next year. Supplier: The Chinese government
Half a year ago, we brought you the story that in China, a market crucial to $$$TSLA’s success, buyers of Tesla’s $100,000 cars have to make do without built-in satellite navigation, because, duh, that huge display in the Model S talks to Google, and Google is blocked in China. Finally, Tesla will have a solution. Some time next year. [ There is more … ]
Musk’s pants on fire: September was a record high? Definitely not in terms of Model S sales
(Preface: I know, the Daily Kanban looks like a Tesla fanzine lately. Gomen nasai, but there’s just too much out there to be passed over.)
On October 27, 2014, the Wall Street Journal wrote that sales of Tesla’s Model S are “declining in its home market.” The Journal said that “through September, Tesla sold 10,335 Model S sedans in its home market, down 26% compared with the same period in 2013.” At Tesla, Musk disagreed.
In the rest of the auto business, an errant writer would have been ignored, for fear a reaction could create more waves. Or the reporter would get a phone call to set matters straight (I get those all the time.) Tesla is not like the rest of the auto business, therefore, the Wall Street Journal got an angry tweet from Elon Musk himself: [ There is more … ]
Monday morning car news roundup, December 8, 2014
- Nissan Aims for “Fewer, Bigger, Better” Marketing Opportunities – Wards: The No.3 Japanese automaker in the U.S. is focusing most of its marketing efforts on sports, but also has a 3-year sponsorship of NBC’s “The Voice.”
- Driverless cars wait for green light – FT: Legal and technological hurdles have to be overcome before dream can become reality
- BRAZIL: JLR to decide soon on second model for new factory – Just-auto: Jaguar Land Rover has started building its manufacturing plant in Itatiaia, in the east of Rio de Janeiro state, as part of a spend of BRL750m/$300m and is considering a second model for the new plant after the previously announced Land Rover Discovery Sport.
- BELGIUM: ‘Little public life’ as huge strike rocks country – Just-auto: Belgium’s new right-of-centre government says employment is its major issue as the country’s transport system ground to a strike-hit halt today (8 December) and ahead of Ford’s imminent shuttering of its Genk plant in ten days.
- Global Automakers Riding Out Storm in Russian Market – Wards: Ford Europe President Stephen Odell says the automaker remains committed to Russia, where it plans to be producing 11 models at three plants by the end of 2015.
- VW aims to leapfrog Tesla, Nissan with new battery technology – Yahoo:
- CHINA: GM sees China critical to Cadillac global growth – Just-auto: General Motors plans to significantly strengthen its Cadillac brand in China with the introduction of nine new models over the next five years.
- CHINA: BYD-Daimler launches new Denza EV – Just-auto: BYD-Daimler New Technology Company has launched its Denza electric vehicle in China, at the inauguration ceremony at the company first dealership in Shenzen.
- Paris and Berlin seek EU emissions delay – FT: Governments push back against proposal on car pollution
Closed market edition: EU ships more cars to South Korea than what’s going the other way. America mostly AWOL
In 2011, the tightly closed market South Korea opened its doors. A free trade deal eliminated duties on vehicles imported from (and exported to) Europe, never mind that EU automakers painted a depressing picture of Europe being overrun by Hyundais and Kias. Just the opposite happened. Three years later, South Korea is “on track to spend more on vehicle imports from Europe this year than it earns from exports the other way,” as Reuters reports. In a formerly fiercely nationalistic country when it came to cars, imports now hold a record market share of 14 percent. Most of them are from Germany. [ There is more … ]
Toothless Tesla: Norway’s record-breaking car is breaking in record numbers
What is the best-selling car in Norway? In the past, nobody would have cared who’s topping the list of a country that is good for 150,000 units total in a good year. Things are changing, and everybody knows: Of course, the best-selling car in Norway is Tesla’s Model S. Type “Best-selling car Norway” into Google, and see what that’ll get you. Click a little more, and you’ll be convinced that Norway is Europe’s EV-wonderland. Says Freakonomics:
“By most measures, Norway is among the greenest countries on Earth. It gets virtually all of its electricity from hydropower; it plans to cut its greenhouse emissions by 30% by 2020; and it has more electric vehicles per capita than any country in the world.”
Of course, the roads of that electric nirvana are filled with nothing else than beautiful blondes and even more gorgeous Model S.
Except that it’s not true. The Model S part, at least. The car is at the bottom of the list.
Japan’s minivehicles get bigger and bigger – in importance
Even the tiniest trendlet won’t escape the world’s vehicular tealeave-readers (latest: EVs disrupt cigarette industry). But then, a huge trend remains relatively unmolested: The world’s third-largest car market, Japan, is slowly taken over by pint-sized cars. In November, mini vehicles, or kei cars, as they are called in Japan, reached a market share of 42.5 percent.
To wrap your head around the momentousness of miniature car sales in Japan, picture an America without passenger vehicles, and you can roughly envisage Japan without kei cars. (Also very much underreported, 54 percent of U.S. light vehicle sales were of the “light truck” variety in November. Down to a 46 percent share, passenger cars have become a minority.) Only once, in the dark days of carmageddon, were kei car sales higher, when in February 2009 42.66 percent of all cars in Japan were keis. [ There is more … ]