March is the most important car buying moths in many parts of Europe, and car sales finally are in full bloom in the EU. New car registrations were up 10.6 percent in March, when compared to the same month in the prior year by the European auto manufacturer association ACEA. Finally, the rise is broad-based, and no longer the simple statistical effect it was until recently. [ There is more … ]
Archives for April 2015
Toyota breaks the suspense with 1.5 new, lean TNGA plants
In April 2013, world’s number one carmaker Toyota announced a moratorium on building new plants. That moratorium is drawing to an end, in a Toyota-typical slow and watchful way. Toyota is building fewer new plants than its competitors, and it is building those fewer plants with far less money.
This afternoon, calls went out to the Tokyo automotive press corps to come to Toyota at 5 for a highly secretive “briefing,” topic unknown, keep your cameras at home, and your mouths shut until 10pm. “We’ll probably hear what the Nikkei has been writing for weeks now,” muttered a grumpy Automotive News correspondent Hans Greimel, and he was right as usual. As expected and reported everywhere. Toyota lifts its self-imposed stop on factory expansion with a brand-new plant in Mexico, and an expansion of its Chinese joint venture plant with Guangzhou Auto. Toyota doesn’t seem to be in a particular hurry to do so.
Wednesday morning car news roundup, April 15, 2015
Top News
- Cadillac drops price on ELR plug-in for 2016 model year – Detroit News: Updates for 2016 include better horsepower and torque, faster acceleration, OnStar 4G W-Fi and performance package
- Toyota investments in Mexico, China to usher in new cost-efficiency strategy – Automotive News: Opening its purse after a three-year expansion freeze, Toyota announced plans today to spend nearly $1.
- Factory Production in the U.S. Barely Rises on Rebound in Autos – Bloomberg: That matched the median forecast in a Bloomberg survey of 24 economists. Total industrial production declined more than projected as utility use…
- Toyota ends expansion freeze with new plants in Mexico, China – Reuters: Toyota Motor Corp announced plans for new factories in Mexico and China on Wednesday, ending a self-imposed expansion freeze to fend off rivals racing to overtake it as the world’s top-selling automaker.
- Auto plant closures help drag down Canadian factory sales – Reuters: Closures for retooling at auto assembly plants helped drag down Canadian manufacturing sales by 1.7 percent to C$50.04 billion…
- ITALY: FCA’s Elkann sees more industrial consolidation ahead – Just-auto: In a letter to his investment company’s shareholders, Fiat Chrysler Automobiles Chairman John Elkann has said that he sees the need for more combinations in the auto industry and that he expects consolidation in the sector to continue.
- BRIEF-Guangzhou Auto’s JV Guangzhou Toyota to invest about 2.7 bln yuan in production line – Reuters: Says JV Guangzhou Toyota motor co plans to invest about 2.7 billion yuan ($435.22 million) in building new production line. Source text in Chinese:…
- GERMANY: Opel to add third shift at Eisenach plant – Just-auto: Opel is to add a third shift at its Eisenach plant ‘mid-year’ due to high demand for its products. The plant makes the Corsa and Adam models.
Tuesday morning car news roundup, April 14, 2015
Top News
- German automaker BMW has best March sales ever – Detroit News: The Munich-based maker of the 3-Series sedan and X5 sport-utility said Tuesday it sold 195,593 vehicles worldwide
- FCA Expects New 500X to Grow Brand’s Sales – Detroit Bureau: Since its U.S. return, Fiat has struggled to capture the hearts of Americans, but the brand is popular in some spots of the country. California is a big market for the brand and FCA hopes it can parlay that into sales for the 500X. For more, go to TheDetroitBureau.com.
- Hanergy’s solar-car plan draws skepticism – Automotive News: Plans by Hanergy Thin Film Power Group to build a car powered only by solar panels remain a mystery two months after being publicized, and analysts are skeptical the company can meet a goal to roll out prototypes this year.
- Is Germany Making Too Many Luxury Cars? – Bloomberg: Sales of German luxury cars have never been better. … “These companies are doing a really good job with this,” said Bloomberg Intelligence analyst…
- US safety regulators probe Subaru cars’ air bags – Reuters: U.S. safety regulators have opened an investigation into Subaru Impreza … The investigation involved an estimated 33,500 cars.
- Renault’s Small Car XBA to be Called ‘Kayou’? India Launch on 20 May – Ibtimes: Renault’s next big ticket launch in the Indian market is its upcoming entry level small car codenamed XBA. If emerging reports on the web are to be…
- Toyota to announce details on $1 billion Mexico car factory Wednesday, reports say – Automotive News: Toyota will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter told Reuters.
- New Mini Countryman spotted testing at Nurburgring – Autocar: 2016 Mini Countryman has been spotted testing at the Nurburgring Mini’s all-new SUV is set for launch in 2016 with updated styling, larger dimensions and the option of all-wheel drive
- BMW Defends Luxury Sales Crown With X5 Sport-Utility Vehicle – Bloomberg: BMW AG defended its position atop the world’s luxury-car market in the first quarter, shipping more of its X5 sport-utility vehicle and 2-Series Active…
Monday morning car news roundup, April 13, 2015
Top News
- Hyundai beats VW, Buick as China’s top-ranked mass-market auto brand – Automotive News: Hyundai Motor beat Volkswagen and Buick to be the top-ranked mass-market auto brand in China in a state-backed survey, even as the South Korean automaker’s deliveries there fell in the first quarter.
- INDIA: Fiscal year passenger car sales rise 5% – Just-auto: Sales of passenger cars in India rose by almost 5% to 1.87m in fiscal 2014-15 (year ended 31 March, 2015) after a decline in the previous two years.
- AUSTRALIA: ‘Very strong’ March sales up 8% – Just-auto: Australia’s new car market was very strong in March 2015, local trade group FCAI said, with sales up 8% year on year. The 105,054 unit tally for March was a record for the month.
- VW’s Audi sales up 4.4 pct in March to record 177950 cars – Reuters: Volkswagen’s Audi luxury division said on Monday sales increased 4.4 percent in March to 177,950 cars and sport-utility…
- Japan, US aim for Pacific trade pact progress before summit – Reuters: Discussions are expected to focus on remaining gaps over agriculture and the auto industry. “We think it would be good if the two leaders could…
- CHINA: Passenger vehicle sales up 9.4% in March – Just-auto: Sales of new light passenger vehicles in mainland China rose by 9.4% to 1.87m units in March, based on wholesale delivery data collected by the China Association of Automobile Manufacturers (CAAM).
- VW’s Skoda Auto Q1 sales rise 7 percent to record 265100 vehicles – Reuters: Car sales at Volkswagen’s Skoda Auto rose 7.2 percent to a record 265,100 vehicles in the first quarter, the Czech car…
- VW Faces Fight Over Leadership – WSJ: The Porsche and Piech families that control Volkswagen, Europe’s biggest automotive group, are battling over the future leadership of the company as CEO Martin Winterkorn vowed to resist efforts to oust him.
- More Vroom From Vans for Peugeot, Renault – WSJ: Volkswagen’s operating margin for VW commercial vehicles was 5.3% last year and 4.8% in 2013, around double the 2.5% and 2.9% profit margin for…
- Jifeng Auto’s Wang Becomes Billionaire as Shares Rise to Record – Bloomberg: Wang Yiping, Ningbo Jifeng Auto Parts Co.’s chairman, became a billionaire as the maker of parts for car seats and other vehicle components climbed…
- Ram owners’ suit spins on missing $50 option – Automotive News: A South Carolina Ram owner’s lawsuit filed against Fiat Chrysler last week can be summed up in an everyday question: What’s the diff?
Friday morning car news roundup, April 10, 2015
Top News
- New Range Rover ‘Evoque Plus’ planned for 2016 – Autocar: The larger Range Rover Evoque will offer seven seats Seven-seat luxury crossover will slot between existing Evoque and Range Rover Sport
- Lexus Flags China Ambitions With Shanghai Debut – Bloomberg: Toyota Motor Corp. will introduce a new Lexus model in China for the second year in a row, showing a redesigned ES sedan in Shanghai this month.
- Nissan’s Driver-Safety Technology to Aid Deep Sea Exploration – WSJ: Nissan Motor Co. said it will provide its driver-safety camera expertise to the government’s marine science agency for use on remotely operated…
- Self-driving cars put the ‘auto’ in automobile – Detroitnews: Rather than buying your next car at an Apple Store, you might expect that in a few years your iPhone will be capable of summoning an Apple-enabled…
- Canada loses $800M Canadian in GM bailout – Detroitnews: GM has said it will meet or exceed all mandates Canada required in the bailout, though the company’s Oshawa plant is at risk of closure. (Photo:…
- Ohio Proposes Funding Jeep Plant – WSJ: State and local officials in Ohio are proposing to fund a new factory for Fiat Chrysler in Toledo, an unusual auto-industry incentive that would require hundreds of millions in financing, said people familiar with the plans.
- NHTSA chief plans auto CEO summit – Detroit News: Meeting will focus on industry’s safety culture
- Pakistan gets first women-only auto-rickshaw to beat male pests – Reuters: A Pakistani environmentalist, fed up with being groped and harassed by male auto-rickshaw drivers, has launched her…
- Daimler R&D Chief: G-class Could Go Sustainable, V-12 Lives On, and No Three-Cylinders – Car and Driver: We recently sat down with Daimler’s R&D chief, Thomas Weber, who told us that the automaker will continue to produceV-12 engines but won’t do a three-cylinder, that it’s considering a more comprehensive update to the G-class, and that it isn’t interested in a small seven-seat people-mover.
7,000 meters under the sea, Nissan develops the all-seeing car, to emerge commercially in 3 years
Crawling along the bottom of the ocean, an underwater robot uses technology that is one of the core technologies for Nissan’s drive towards self-driving cars. The deeply submerged robot’s vision is provided by an upgraded version of Nissan’s Around View Monitor (AVM). First commercialized way back in 2007, AVM provides a 360-degree view of the outside of the car, as if the driver hovers in a helicopter over the car. Saving the lives of countless pets in parking lots, Nissan added moving object detection technology to AVM in 2011. In the submerged robot, AVM has received three-dimensional picture processing capability, an important step to sense distances at the blink of an eye, and without the need of slower radars, or much slower ultrasound sensors, all of which rely on an echo. If it wouldn’t be so hackneyed, the 3D version opens a new dimension in autonomous driving. [ There is more … ]
2015 Shanghai Auto Show: First, no babes. Now, no babies
This year’s Shanghai Auto Show, to be held from April 20 through 29 somewhere in the boonies behind the Hongqiao airport, will be a very exclusive affair. First, scantily clad models were excluded. Now that the show is a family-friendly affair, children aren’t allowed either, writes Carnewschina. After the prohibition of babes, there is a ban on babies. There were babes and babies galore at previous shows in China. Now, no more. [ There is more … ]