Tag: export

By on May 18, 2017

General Motors Renaissance Center

In its global push for profitability, General Motors plans to yank the Chevrolet brand out of the hands of Indian consumers.

The automaker announced a wave of restructuring in overseas markets yesterday, a large part of which is the cancellation of nearly $1 billion in investment in India and the pull-out of its only brand. Until recently, GM had hoped to cater to the country’s growing middle class with a new line of region-specific Chevy models.

GM also plans to sell its South African division and cut back on staff in Singapore. The move will help the automaker free up money to funnel towards its biggest markets — North America and China. (Read More…)

By on October 14, 2016

lynk

Forget Chevrolet’s cringe-inducing launch of the first-generation Spark — this could be the biggest hipster Millennial marketing/branding effort to date.

Naturally, it’s for an affordable car brand, but with a difference: this brand is completely new and its products have yet to be revealed. Lynk & Co, a new subsidiary of Volvo parent company Geely, launches on October 20, Reuters reports, and it’s clear it wants to be every free-spirited young adult’s first car. (Read More…)

By on June 27, 2016

2015-Ford-Focus-07

Indonesia is the biggest vehicle market in Southeast Asia, and Ford Motor Company is running away from it.

The automaker’s announcement earlier this year that it plans to stop selling vehicles in the country came as a shock to dealers, who now want Ford to compensate them in a big way, Reuters reports. (Read More…)

By on August 25, 2015

2014 Chevrolet Impala Exterior-005

Buyers in South Korea have flocked to order the Chevrolet Impala by requesting more than 3,000 of the full-size sedans, which is two to three times higher than expected, BusinessKorea is reporting.

The higher-than-expected draw in South Korea is part of a larger trend; according to the BBC, just around 6,000 cars were imported in 2000. In 2014, more than 196,000 cars were imported into the country, although many of those were European luxury models.

GM Korea forecasted 4,000 to 5,000 Impala models would be sold by the end of 2015, but Korean buyers are ordering 200 cars per day, which would exhaust their supply within one month.

(Read More…)

By on July 1, 2015

Julie HampThe first female senior executive to ever hold a managing officer role with Toyota has resigned.

The uncharged Julie Hamp remains in custody in Japan after being accused of attempting to import Oxycodone from the United States. Japanese prosecutors have 20 days to charge Hamp. That window expires on July 8.

Toyota issued a statement today:

On June 30, 2015, Toyota Motor Corporation (TMC) received notification from Ms. Julie Hamp of her intent to resign her position of Managing Officer. TMC has accepted her resignation after considering the concerns and inconvenience that recent events have caused our stakeholders.

Senior Managing Officer Shigeru Hayakawa will act as Hamp’s interim replacement.

By on May 26, 2015

2015 Volvo S60 Sedan

Proving the first Chinese cars to come to America will be imported by established brands, Volvo has a number of S60 sedans on the boat from China and they’re expected to arrive in about two months.

Manufacturing in China is just one part of Volvo’s plan to boost sales to 800,000 units annually before 2020.

(Read More…)

By on October 16, 2014

ac5_04-1994CoupeSiRb

While the eternal debate about whether Japan is or isn’t a closed market continues to rage onwards, the Nikkei reports that a new phenomenon is occurring in Japan: imported vehicles from domestic brands are starting to trickle in.

(Read More…)

By on June 24, 2014

2014 Mercedes CLA

Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico.

(Read More…)

By on June 18, 2014

volvo-s60l-guangzhou-c

Honda may have been the first OEM to bring Chinese-made cars to North America, but their Made-In-China Fit never arrived in the United States. Now, it looks like Volvo will be the first brand to import Chinese-made cars to America.

(Read More…)

By on March 28, 2014

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Opel is announcing that they will build a Buick model for North America in the “second half of the decade”.

(Read More…)

By on January 7, 2014

BYD Qin

Backed by Warren Buffet and his investment company Berkshire Hathaway, Inc.,Automotive News is reporting that Chinese automaker BYD plans to deliver four models to the United States in late 2015.

(Read More…)

By on November 7, 2013

IRAN-_USA_obama-rouhani_CALL

An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.

Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.

(Read More…)

By on October 24, 2013

Honda S660 01

Honda’s rear-driven products built for two tend to be motorcycles, scooters and ATVs for the most part, but every now and again the company will unveil a roadster whose name begins with an S, and ends with the number of cubic centimeters the engine provides.

Such a car is set to return soon to the showroom floor, and will make its debut at the Tokyo Motor Show in November: The Honda S660.

(Read More…)

By on August 28, 2013

The big news this past week from Nissan: lots of old iron at Pebble Beach, concept car test drives for sympathetic journalists and a pledge to have autonomous cars ready (but not on sale) for 2020. More interesting than that is news of Nissan’s booming exports from America. Some say that this is the “new normal” – Japanese OEMs expanding their manufacturing base in America as they leave Japan en masse to both insulate themselves from a volatile yen, take advantage of America’s welcoming manufacturing climate and shed a reliance on Japan’s aging and declining population. And even more interesting than that is how it was presented.

(Read More…)

By on February 20, 2013

As a worldly American and car nut, on one of your world travels, there will be a time when you fall in love with a car in a foreign land. The crush on that thing will be so big that you will want to take the irresistible beauty home with you. Just ask Sajeev or Frau Murilee.

My advice: Resist that urge at all cost. Trust me, it is easier to import a new wife from Pago-Pago to America than to bring-in a lightly used Euro-spec Porsche from Zuffenhausen. There is one man who wants to change all that: A man with the initials B.S. petitioned the White House to liberalize the immigration rules for used cars. No, it’s not THAT BS. (Read More…)

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