Archive for the ‘Asia Pacific’ Category

Ford Pulls Out of Geneva Motor Show

Automaker joins Volvo in not attending show.

by on Jul.03, 2018

Ford has a history of making news at the Geneva Motor Show, like the introduction Focus RS.

The list of automakers pulling out of auto shows just got one name longer: Ford is skipping the 2019 Geneva Motor Show.

The Dearborn, Michigan-based automaker said the show’s timing didn’t fit its launch schedule and wouldn’t represent good value. It’s the second major automaker that has pulled out of the show, Volvo being the first.

Auto Show News!

“It costs a sizeable amount of money,” a Ford of Europe spokesman told Automotive News Europe. “If you’re not going make a return on the investment in terms of media attention or people on the stand, why do it?” (more…)

Trade Tariffs Getting Global Pushback: Trump v. The World

Automakers leading charge against new tariffs.

by on Jul.02, 2018

GM CEO Mary Barra has attempted to provide counsel to President Donald Trump, even as his policies have negatively impacted automakers.

Everywhere President Donald Trump looks these days is another message saying, essentially, don’t do this.

“This” in this instance is an attempt to raise tariffs against multiple trade partners at the same time. Trump, who made trade a central piece of his election campaign, has managed to either increase tariffs or threaten to do so against Canada, Mexico, China, Japan and the European Union.

Stay in the Loop!

Right now, Canada has already instituted retaliatory tariffs against the U.S. as has the EU for the tax on imported aluminum and steel. Trump responded by threatening to put tariffs on even more items, including a 20% on vehicles from the EU. (more…)

McLaren Reaches into Past for Newest Model: 600LT

New model is just fourth Longtail ever.

by on Jun.29, 2018

McLaren unveiled the new 600LT, only the fourth Longtail in company history.

McLaren continues to tickle the fancy of McLaren and super car fans alike, this time reaching back into its history a bit with the debut of the new 600LT.

The newest model is just the fourth car in the company’s history with the LT, or Longtail, moniker in its history following the McLaren F1 GTR ‘Longtail’ race car and McLaren 675LT Coupé and Spider

Product News!

The Longtail designation is designed for vehicles that are at home on the road as well as the racetrack featuring Increased power, reduced weight, optimized aerodynamics, absolute driver engagement, track-focused dynamics and limited availability, according to McLaren. (more…)

Alfa Romeo, Maserati Betting on Batteries to Build Global Demand

“Going after Tesla.”

by on Jun.28, 2018

The original concept version of the Maserati Alfieri. There will soon be all-electric versions of both the production coupe and convertible.

Things are looking blue at Maserati. Make that Maserati Blue, the name of the new brand-within-a-brand the Italian automaker plans to launch during the next several years that will help it target Tesla.

Like all global automotive manufacturers, Fiat Chrysler Automobiles will be pushing into electrification over the coming decade, and that includes FCA’s two high-line marques, Maserati and Alfa Romeo. But rather than focus on “compliance cars” meant to barely meet emissions and mileage regulations, the Italian brands are betting they can focus on the performance capabilities electric drivelines offer and actually command a price premium.

Plug In!

Alfa, for example, is working up a 700-horsepower plug-in hybrid supercar. But it’s the more upscale Maserati that will make the broadest bet on electrification. “Everything gets electrified,” Maserati chief Tim Kuniskis told TheDetroitBureau.com during an exclusive interview. That includes four all-electric models that will be grouped together as the new Maserati Blue brand.

(more…)

Tesla Semi Truck Could Go Full Mad Max on Other Drivers

Musk also reveals details on new pickup truck.

by on Jun.26, 2018

Are the engineers at Tesla looking for a post-apocalyptic setting for the company's new semi truck. Looking? Nope. They've got it.

If Tesla’s cars have a Ludicrous mode, then it would only make sense that the new semi-truck would have something equally ostentatious … like Mad Max mode.

While Ludicrous mode amps up the speed of the car, unfortunately Mad Max doesn’t give you any of the road-clearing gadgets enjoyed in the Mad Max movie. Instead, it appears to be a version of blind spot detection used in conjunction with Autopilot.

Subscribe for Free!

Tesla CEO Elon Musk discussed the option, which is still in test mode, during a series of tweets yesterday, and carried over to today when he started asking the Twitterverse what they’d like to see in a Tesla pickup — and what he plans to put in it. (more…)

Ghosn Dismisses Speculation of a Renault Takeover of Alliance

Complex ownership structure, that includes French government, makes it difficult.

by on Jun.26, 2018

Renault-Nissan-Mitsubishi Alliance chief Carlos Ghosn recently reiterated there is "zero chance" of Renault taking over Nissan and Mitsubishi.

The question of what company in the three-legged stool that is Renault Nissan Mitsubishi might acquire the other two has been broached a few times since Mitsubishi was added. The issue is apparently important enough for Carlos Ghosn, who heads up the three companies, to address recently.

“Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has zero chance of getting a result,” Ghosn told shareholders of Mitsubishi Motors at a meeting las week.

Stay in the Loop!

Ghosn is CEO of Renault as well and chairman of Nissan. He recently turned over the role of CEO there to Hiroto Saikawa. The simple reason for encouraging the automakers to work together but remain autonomous is simple: You don’t fix what isn’t broken. (more…)

Daimler AG Lowers Earnings Guidance Due to Trade Tensions

Retaliatory measures in China and Europe has Daimler concerned.

by on Jun.26, 2018

Mercedes-Benz builds SUVs at its plant in Vance, Alabama, that are shipped to China. The tariffs on those are expected to rise, cutting sales.

The rising risk of a global trade war has prompted Daimler AG, the parent of Mercedes-Benz Cars, to reduce its earnings guidance for 2018.

Daimler said has “made a new assessment of the earnings” potential for the year 2018 and reduced its earnings guidance for the full year because of the uncertainty surrounding trade.

Trade News!

“From today’s perspective, the decisive factor is that, at Mercedes-Benz Cars, fewer than expected SUV sales and higher than expected costs – not completely passed on to the customers – must be assumed because of increased import tariffs for U.S. vehicles into the Chinese market,” Daimler said in its new guidance.  (more…)

“Nearly Every Segment of the Auto Industry” Threatened by Trump Trade War

But administration may be ready to double down.

by on Jun.26, 2018

President Donald Trump is threatening to escalate tension between the U.S. and the EU by enacting a 25% tariff on Euro-built vehicles.

Automakers and suppliers are scrambling to respond to a series of moves by the Trump Administration that could negatively impact “nearly every segment of the auto industry,” according to a new analysis by financial rating firm Moody’s Investors Service.

On Monday, Wisconsin-based motorcycle manufacturer Harley-Davidson responded to growing threats of a trade war by announcing plans to move some production from the U.S. to Europe, a shift the company said was forced by the EU’s decision to enact new tariffs countering increases levied by the White House.

Global News!

That could be just the first step, however. Other manufacturers are studying options, but are waiting to see precisely what President Donald Trump might do next. He has already increased tariffs on imported steel and aluminum, but is considering a 25% tariff on imported cars and car parts. (more…)

No More What If: Mazda Bringing Out a Faster Miata

Engineers squeeze out a 17% power increase.

by on Jun.20, 2018

The 2019 Mazda Miata gets a bunch of new safety tech, but more importantly: a 17% boost in power.

The Mazda Miata has always been a “but what if…” car.

The “what if?” What if it had more power? It’s a roadster and that generally means that the car is more about the experience of driving rather than how far back are you being pressed into your seat when you push the go pedal to the floor.

Product News!

Well, Mazda’s heard enough “what ifs” apparently since it it’s now upping the power in the latest iteration of the MX-5, known casually as the Miata. Mazda’s engineers enriched Miata’s SkyActiv-G 2.0-liter engine with the goals of improved response, performance, feel and efficiency.  (more…)

Hyundai, Kia Announce Global Reorganization Plans

Korean carmakers will get more regional autonomy in U.S., Europe.

by on Jun.18, 2018

The new organization is aimed at making the two brands more responsive to local markets.

Hyundai and sibling Korean carmaker Kia already operate as largely autonomous entities. Now, their regional operations in the U.S. and Europe will operate as largely independent operations to “spur sustainable growth and enhance innovation.”

The move to boost regional autonomy by Korea’s largest automaker is no surprise and follows in the footsteps of what has already been done by major Japanese automakers such as Toyota and Nissan. The first step will come with the establishment of new North American regional headquarters for each of the brands on July 2. Europe will follow shortly afterwards, as will other key global regions.

The Inside Story!

In a statement, the Hyundai Motor Group – which includes both Hyundai Motor Co. and Kia Motor Corp. – said the move will impact “every aspect of the business, ranging from product planning, marketing, sales, and manufacturing,”

(more…)