#Germany

Toyota has decided to increase global production this year by about 300,000 units, The Nikkei [sub] reports, as usual for the Nikkei without quoting sources. If this is true, then it would bring global production numbers for Toyota and Lexus close to 9 million for the year. With Daihatsu and Hino, that number would be around 10 million. That is too high for GM to reach.

It’s not all blood and tears in Europe. Actually, the bloodier Europe looks, and the more Marchionne & Co do cry, the bigger the smiles at European carmakers with heavy exposure to foreign markets. The Euro is way down, and a low Euro means heavy profits from abroad – if you have business abroad. BMW sure does, and it posted its second best quarterly earnings in company history. Profit before financial result (EBIT) amounted to € 2.27 billion in the April-June 2012 quarter.

Germany’s Auto-BILD thinks it knows how it will look when Daimler shrinks the G-Wagen. In 2015, Daimler will bring out a GLG based on the new A-Class, says the magazine. Auto-BILD hasn’t seen more than the own renderings, but that doesn’t keep the rag from bitching:

“Two questions.” Our European contributor, Mirko Reinhardt, wants to test my knowledge. “First question: Last month was a pretty big month for Cadillac in Germany, relatively speaking. How many Cadillacs did GM sell? And second question: Which model sold best?”

Oh, man.

Fiat & Chrysler CEO Sergio Marchionne’s pointed remarks have attracted the ire of Europe’s 500 pound gorilla Volkswagen. VW demanded that Marchionne steps down as president of the European auto manufacturers association ACEA. If he won’t resign, Volkswagen could resign its ACEA membership – which would send the club into instant irrelevancy, not to mention insolvency.

Today, blogs from Autoblog to Worldcarfans are tripping over themselves, knowing for sure that Opel will launch, as soon as next year, its top-of-the line car, that it will be the Opel Omega, and that it will be based on the Cadillac XTS. (Heck, isn’t that thing based on an Opel-developed Epsilon II anyway?) The trouble is: It’s all made up. Let’s investigate the making of the Great Lie of the Day.

“Should Opel, Chevy coexist in Europe?” This is what Automotive News [sub] asks today without offering a real answer. Let’s have a look. Then, cast your vote.

Whenever the good folks at Daimler hear about European overcapacity, they ask: “Why can’t we have some of it?” Daimler’s compact cars are so popular that the plants in Rastatt, Germany, and Kecskemét , Hungary, are already bursting at the seams, and will even more so once the new A-Class starts shipping in fall.. Therefore, Daimler outsourced A-Class production to Valmet, the Finnish contract manufacturer.

We honestly appreciate it when a press release does not mince words and helpfully says it right in the first sentence: “New full-LED headlights, a prominent BMW kidney grille and a modified front apron define the unmistakable appearance of the new BMW 7 Series range.”

A 1962 Rolls Royce Silver Cloud II, adorned with over a million Swarovski crystals is on display at the Four Seasons Hotel in Munich, Germany.

The legendary Nürburgring, purveyor of records an dreams, is dead. Well, it’s clinically dead, but it might be brought back to life. What else would you do with a 16 mile road that goes nowhere in the middle of nowhere? The Ring is bankrupt. Out of money. Can’t pay its bills. Broke. Bust. Pleite.

GM throws fresh troops in Opel’s losing battle. For keeping more money, Opel has a new CFO. For eventually making more money, the Rüsselsheim automaker has a new R&D chief.

How would you feel if you start your new job and people greet you by speculating who will replace you? This is how Thomas Sedran must feel. Only hours after he has been made the new interim CEO of Opel, German media speculates who will be next in his ejection seat in Rüsselsheim. The roster of likely candidates is not encouraging.

Opel has a new CEO, the second in a week, and he will soon be out of a job: As expected by TTAC, GM named Thomas Sedran as interim CEO of Opel, replacing the current interim CEO Stephen Girsky, who replaced the not quite interim CEO Karl-Friedrich Stracke.

The summary execution of Opel chief Karl-Friedrich Stracke, and the mess this has created, is front page material in the German press today. The fingers point in the direction of Detroit. Detroit has no clear strategy and changes directions like soiled underwear. The fingers also point at an impulsive Dan Akerson who is out of his depth.

According to Germany’s Handelsblatt, the firing of Opel chief Karl-Friedrich Stracke went down like this: