Today is the day when the Japanese majors announce domestic and global data for June and the half year. A little more than three months ago, a massive earthquake, followed by a devastating tsunami, paralyzed much of Japan’s infrastructure. It could not have come at a more inopportune time. The Japanese auto industry was already suffering from weak markets at home and abroad, paired with a rising yen that destroyed profits from exports. Three months later, how big was the hit? (Read More…)
If you’re hoping the US market is in the midst of an upswing, it’s time to start adjusting expectations. Ford’s Mark Fields says the market has “flat-lined” since Q3 of last year, telling BusinessWeek
The consumer is feeling a bit better, but not enough to go out and go back to the old ways of spending. It gives us pause because of the tight labor market and the overall situation in the credit markets
Edmunds has released its forecast for June, and though it shows sales up consistently from May 2009′s miserable numbers, there seems no question but that June’s sales will be lower than May’s. Edmunds sees an 11.2m unit SAAR for June, down from 11.6m last month. We’ll wait to see the actual June numbers before we officially end all hope of a strong recovery, but it’s starting to look more and more like 2009 was closer to “the new normal” than anyone wants to think.
mike978 - Did they sell out before the XTS was available for fleet use? I would have thought traditional chauffeur fleet operators would rather an XTS...
Ryoku75 - I’ve seen old W123s compared with 240′s, usually the arguements work like this: W123 Owner: Volvos suck! My Mercedes feels far more solid and is a...
Ryoku75 - What caught my eye is that someone out there has thrown a custom STi turbo on an old Benz, even though they “live in a city and never need to go over 80...
Recent Comments
E46M3_333 - The tires look too small for the car.
mike978 - Did they sell out before the XTS was available for fleet use? I would have thought traditional chauffeur fleet operators would rather an XTS...
Ryoku75 - I’ve seen old W123s compared with 240′s, usually the arguements work like this: W123 Owner: Volvos suck! My Mercedes feels far more solid and is a...
Doug DeMuro - At least that would differentiate it from the BRZ!
Doug DeMuro - A C-Max owner! Very cool. Do you like it so far?
Doug DeMuro - I avoided baleen whale jokes in this article, but it took every fiber of my being.
Doug DeMuro - Thanks! I appreciate it. I also like the MKT, resemblance to hearse or not.
Doug DeMuro - I didn’t know the MKT Town Car sold out a year of production in two weeks. That’s wild. I have started seeing them around with...
Ryoku75 - What caught my eye is that someone out there has thrown a custom STi turbo on an old Benz, even though they “live in a city and never need to go over 80...
Land Ark - As I recently admitted, much to my great peril, I don’t get the Panther love. I don’t seem to remember people waxing nostalgic...