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About Bertel Schmitt

After a 40 year hiatus, spent doing propaganda in the automotive industry around the world, Bertel returns as a journalist and to the roots of his initials. His wife is a late model Japanese Import.

Thursday Morning Auto News, Apr 02, 2020

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Wednesday Morning Auto News, Apr 01, 2020

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Tuesday Morning Auto News, Mar 31, 2020

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Monday Morning Auto News, Mar 30, 2020

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World’s Largest Automakers hard hit in February, and they will be hit much harder

February data of the World’s Largest Automakers are in, and they are a prelude to much worse things to come. Toyota Group regained its #1 position January, and it maintains it in February, only because its competitors have fallen much harder. Year-to-date, Toyota’s output is down 9%, Volkswagen Group deliveries are down nearly 14%. The Renault-Nissan-Mitsubishi Alliance is down a hard 17.3%, brought to its knees by Nissan. Its global production was down 28.5% in February, and 23.2% in the first two months of the year. Renault and Mitsubishi were down 11% each in the first two months of the year.

We need to keep in mind that in February, COVID was more or less a China affair only, while the rest of the world trundled along in a slowly deteriorating market. In COVID-ravaged China, Nissan’s February sales crashed by 80.3%, Volkswagen Group’s China deliveries were down 74%, while Toyota’s February China deliveries were down 70.2%. Of the three, Volkswagen Group is most exposed to China, where it makes approximately 40 % of its sales.

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Friday Morning Auto News, Mar 27, 2020

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Thursday Morning Auto News, Mar 26, 2020

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Wednesday Morning Auto News, Mar 25, 2020

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