By on September 9, 2010

Throwing caution of top government officials in the wind, the China Association of Automobile Manufacturers (CAAM) expects car production in China to reach 30 million by 2015, with 5 million units earmarked for exports, China’s Global Times reports.

The CAAM calls the estimate “conservative.” China’s 21st Century Business Herald cited sources that are betting on 34 million annually in five years. The surprising part is not the total. 25m sold domestically by 2015 is lowballed. At the rate the world’s second largest economy is growing, anywhere between 30 to 40m units annually is doable.

What is surprising is the export number they have in  mind. (Read More…)

By on March 2, 2010

Toyota was listening closely to the “revolving doors” talk at last week’s hearings.

In today’s Senate committee hearing, Toyota will announce that former U.S. Transportation Secretary Rodney Slater has come on board to lead Toyota’s new quality panel of independent experts, reports The Nikkei [sub] this morning.

Slater was Bill Clinton’s LaHood. He since joined the lobbying firm  Patton Boggs and became a partner in James Lee Witt Associates, a risk management firm headed by former FEMA head James Lee Witt.

Recent Comments

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