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.

Tuesday Morning Auto News, Dec 06, 2022: Porsche joins German DAX index. Musk’s Neuralink faces federal probe. Tesla drivers face road rage. More.

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Monday Morning Auto News, Dec 05, 2022: Tesla constrains Shanghai production. VW resets software. BYD targets Tesla. More

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Friday Morning Auto News, Dec 02, 2022: Years later, Tesla’s semi finally arrives. Borgward dies again. More.

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Thursday Morning Auto News, Dec 01, 2022: Zelensky pans Musk. Musk caves to Apple. GM’s Cruise seeks to ditch steering wheel. More.

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Wednesday Morning Auto News, Nov 30, 2022: Renault, Airbus to develop battery tech. Deal could be near between Renault and Nissan. Nissan wants to be EV king again. More.

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Tuesday Morning Auto News, Nov 29, 2022: Musk threatens war with Apple. White House keeps “close eye” on Twitter. Toyota above target. More.

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World’s Largest Automakers, October 2022: A recovery at last. But not for all.

With only two more months to go on the reporting calendar, the bloodletting in the global auto market appears to be down to a trickle. Global total industry volume was down only 0.7% YOY by the end of October. Not all OEMs recover at the same pace, however.

Despite many shutdowns and dire warnings, Toyota Group’s year-to-date global sales were down just 0.3% compared to January through October 2011, and my highly unsophisticated forecast tool still projects full year sales slightly about 10 million. October levels were up compared to the same month in the previous year, as Toyota sees “solid demand, in addition to a rebound from the impact of parts supply shortages.”

The Korean competition at Hyundai Group even eked out a small gain of 1.3%.

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Monday Morning Auto News, Nov 28, 2022: VW halts production, GM to launch more than 15 EVs in China. Elon Musk backs Ron DeSantis for president. More.

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