Industry
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Toyota gained its first real foothold the U.S. auto market during the oil crisis of the 1970s by offering small, efficient cars. Since then, it has come to dominate the global hybrid market with its green-machine Prius. But some see the company's environmentalism as little more than lip-service, as the Japanese auto maker apparently isn't ready to give up its darker, more lucrative trade in trucks. The clamor, led by New York Times columnist Thomas Friedman, and the environmental group National Resources Defense Council (NRDC), is over Toyota's history of lobbying against tougher fuel-economy...
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Five Chinese carmakers headed for Detroit showIt’s only a matter of time until China’s ambitious carmakers penetrate the U.S. market and, despite there being no immediate export plans, next year’s Detroit Auto Show will have the strongest showing of Chinese carmakers yet. There will be five Chinese labels displaying vehicles...
Viknesh Vijayenthiran -
Toyota's overseas output passes domesticToyota’s overseas production will exceed output from its Japanese facilities at the end of the year for the first time in the company’s history. Global output for Toyota will top 8.6m units this year, with more than 4.3m cars planned for production in factories outside of Japan. Strong...
Viknesh Vijayenthiran -
UAW deal means GM labor costs closer to Toyota'sLess than two years ago, the gap between the labor costs for a car made by GM versus one made by Toyota stood at a staggering $4,000. Most of the extra costs GM suffered included payments for health care, unitary wages and inefficient plants. However, with the signing of last week’s contract...
Alex Kaufmann -
New Saab crossover to be built in MexicoSaab is one brand whose roots are strongly fixed in its country of origin, Sweden, but, as the effects of globalization take hold, product planners will soon have us driving Saabs born from Mexico. The upcoming 9-4X crossover will manufactured at GM’s assembly plant in Ramos, Mexico...
Viknesh Vijayenthiran -
BMW and PSA to end joint engine development?Unlikely bedmates BMW and the PSA Peugeot Citroen Group are breaking up - or at least asking each other for some space. The two companies had joined forces in recent years to produce a range of 1.4L to 1.6L motors, powering BMW's second-generation MINI and cars from Peugeot and Citroen. The venture...
Nelson Ireson -
Despite its entry-level positioning, BMW’s upcoming X1 SUV will be manufactured at a plant in Germany because most of its sales are expected to be in Europe. Production plans for larger vehicles like the new X6 and the next-gen X3, meanwhile, have been moved to BMW’s Spartanburg facility in the U.S. because a majority of sales for these vehicles will be in the States. Earlier reports suggested that the car could be outsourced to a manufacturer outside of Germany but CEO Norbert Reithofer has confirmed its German production. The same can’t be said for Mini’s upcoming...
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Toyota Europe drops Land Cruiser citing climate concernsEurope's CO2 regulations are strict, and becoming more so, and car makers are taking action to meet the tough standards. For Toyota, that means cutting back on RAV-4 sales, and eliminating the Land Cruiser from Europe altogether. The Japanese maker seeks to reduce its fleet average CO2 emission to...
Nelson Ireson -
Strike at GM is overGeneral Motors and the United Auto Workers union have reached a tentative agreement, bringing the two-day strike of 73,000 workers to an end. Under the new deal, UAW members will receive part of a comprehensive health care trust fund and guaranteed jobs in North America. UAW President Ron...
Ralph Hanson -
BMW's Reithofer details plan to lead luxury marketLeading its strategy is a shift in production of the X3 to America, where crossovers are likely to become king, and a shift in focus of the Z4 to Europe, where small, sporty cars have long seen great success, according to BMW boss Norbert Reithofer in an interview with Auto Motor und Sport. With...
Kenneth Hall -
UAW launches first strike against GM since 1970After a negotiation deadline passed this morning, UAW workers went on the first nationwide strike to occur during contract negotiations since 1976 - and the first strike against GM since 1970. Negotiations have been ongoing since September 14th, but the union and GM have been unable to reach an...
Nelson Ireson -
Ford considers exporting cars from ChinaChrysler has already signed up with Chery Auto to source a new small car from China to sell in South America and eventually the States, and now Ford is considering doing the same. Unlike Chrysler, Ford has its own production site in China and has just established a new research and engineering...
Viknesh Vijayenthiran -
Auto makers have long sought the perfect balance between power, room, efficiency, and style. The crossover is the industry's latest find. With estimated sales of the category to exceed 3 million next year, it seems the industry has found a winner. More and more people are finding a sedan simply doesn't fit enough people or cargo for their daily needs, especially as anti-traffic measures like carpooling become more common, reports MSNBC. The rising price of fuel and growing concern for the environment make SUVs a dying breed. That's where crossovers step in - more car than a sedan, without the...
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Chrysler not to blame for Mercedes’ drop in qualityThe quality of Mercedes-Benz has undoubtedly dropped over the years, a fact the carmaker has admitted to, and only recently has it been brought back to a level one would expect from a car wearing the Three Pointed Star. With Chrysler now cut loose, the emphasis on improving quality levels is of top...
James Martinez -
Peugeot-Citroen boss hints at engine deal with BMW and MercedesIt’s not unusual today for rival carmakers to work together in developing new technologies that will eventually be shared by both companies. One of the most significant partnerships in recent history was the co-development of hybrid technology by the then DaimlerChrysler, BMW and General...
Viknesh Vijayenthiran -
Imports dominate U.S. luxury marketThis year Daimler dumped Chrysler and Toyota edged its way into the number two spot in total U.S. sales. Now American domestic luxury car manufacturers have suffered another blow. Import makers are moving into a position of dominance in the luxury sector - which is one of the fastest growing, most...
Nelson Ireson -
Volvo Trucks not interested in buying car unitTruck manufacturer Volvo AB has rejected claims it was considering purchasing the Volvo car division from Ford, to whom it sold it to almost a decade ago. Volvo AB is currently the second largest truck manufacturer and has in the past acquired the Mack and Renault truck companies, but, according to...
Viknesh Vijayenthiran -
No love between the FrenchThe alliance between Renault and Nissan has been very beneficial to both companies and it’s no secret the CEO of the French-Japanese duo, Carlos Ghosn, is looking for a tie-up with a third partner. We can report that French rival PSA/Peugeot-Citroen is unlikely to be that partner, despite a...
Ralph Hanson -
The State of California's suit, which alleged the auto makers were responsible for damaging the state with greenhouse gases that were changing the climate, was thrown out of federal district court today. As always, look forward to an appeal. The six auto makers sued were Ford, GM, Toyota, and the North American branches of DaimlerChrysler, Honda, and Nissan. The federal District Judge, Martin Jenkins, held that even if the six auto makers did contribute to greenhouse gas pollution in the state, it would be impossible to determine to what extent, and therefore to what extent they might be...
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Experts say Tata's bid for Jaguar and Land Rover a mistakeLast month, India's Tata Motors announced it is looking to move into the high-end global auto industry with a bid to purchase Jaguar and Land Rover. Ford Motor Company, the current owner of the luxury marques, has put the companies up for auction to help ease its financial troubles. Now, industry...
Nelson Ireson -
Porsche to sue EU over "naive" CO2 standardsEuropean leaders have recently come out in support of proposed EU CO2 standards that aim to cut average CO2 emissions for new vehicles from the present limit of 160g/km by 25% to 120g/km. Porsche does not believe its cars would be able to meet such a standard, and has threatened to take legal...
Nelson Ireson -
Detroit 3 perceived by new car buyers as inferiorAmerica’s three major carmakers are seeing sales decline in a market that’s growing, and the future’s shaping up to be even worse. Earlier this year, the Detroit 3’s combined market share dipped below the 50% mark for the first time ever, and Toyota managed to topple GM to...
Viknesh Vijayenthiran -
India’s Mahindra Pulls Out Of Jaguar & Land Rover BidOne of the potential bidders for Jaguar and Land Rover has pulled out of the race, citing uncertainty over the supply of components from Ford post sale as well as fears the brands won’t meet impending stricter emission planned for Europe in 2012. India’s Mahindra & Mahindra, which...
Ralph Hanson -
Ford offloading 100% of Jaguar and Land RoverFord wants to have no part of Jaguar or Land Rover following its eventual sale of the Premier Auto Group labels. The announcement was made by Ford’s Euro boss Lewis Booth who also revealed the Blue Oval hopes to have the deal completed by early next year at the latest and expects all...
Viknesh Vijayenthiran