#Overseas
It Might Take More Than American Enthusiasm to Make This Volkswagen Truck a Reality
Volkswagen’s Atlas Tanoak concept was one of the few interesting products to emerge from last week’s New York auto show, but the Atlas-based pickup remains a one-off for now. The automaker plans to judge consumer interest before making a decision to scrap the idea or sign off on a production version. Naturally, with VW staking it’s U.S. fortunes on light trucks, the volume-seeking company would like to get as much mileage out of its Atlas architecture as possible. See the two-row Atlas Cross Sport for Exhibit B.
But does the Tanoak’s future hinge on Americans expressing an overwhelming desire for a VW truck? Not entirely.
GM Korea Threatens Bankruptcy If Union Doesn't Budge
South Korea’s powerful labor unions have the ability to make vehicle assembly a non-starter, and the country’s workers have been known to strike like it’s going out of style. Just ask Hyundai about that.
As it seeks to bring its operations in the country back from the brink, General Motors would prefer to see its workers’ union bend to its will, agree to the concessions demanded of it, and generally get out of the way. This isn’t happening, so GM’s now playing hardball.
Agree to our cost-cutting plan, the automaker says, or GM Korea declares bankruptcy.
As It Tries to Gain Traction in Europe, Jeep Brand Boss Promises 'the Year of Jeep'
Two years ago, Fiat Chrysler CEO Sergio Marchionne could barely contain his enthusiasm for the Jeep brand and its barely-tapped global appeal. A sales juggernaut in America, the rugged, go-anywhere brand had a stable of models ripe for the global picking. All it needed was more local production, more new models, and voila — world-straddling dominance.
Two years later, and the brand’s growth predictions are starting to look less than plausible. Marchionne hoped for worldwide Jeep sales of 2 million vehicles in 2018, but last year’s sales may well have been a glass of cold water in the face. While the brand’s strategy could still pay off, it’s going to take longer than expected to reach Marchionne’s target.
Forget the minor markets — Europe needs to learn to love Jeep, America needs to pick up the pace, and China can’t back off now.
Is Europe Saving the Mustang? Well, Not Exactly
The Ford Mustang grabbed its passport and went overseas in 2015, crossing border after border as its parent company followed through on a plan to plunder (and grow) the right-hand-drive sports car market. Customers in Europe and China finally got a taste of pony car action as Mustang sales expanded to over 140 countries.
At home, the Mustang remains a strong seller, but the market’s growing distaste for passenger cars means even rear-drive coupes and convertibles with a storied heritage aren’t immune to volume loss. After reaching a post-recession U.S. sales high of 122,349 cars in 2015, Mustang sales fell to 81,866 units last year. Volume over the first two months of 2018 is down 21.1 percent over the same period last year.
Not to worry — the Mustang’s European popularity is keeping executives in Dearborn happy, right? Well, European customers help, but they’re far from the model’s savior. Especially if they stop buying.
Is Muscle Coming to Hyundai's Crossover Lineup? Does It Need It?
Hamstrung by Chinese animosity towards South Korea and a crossover lineup that wasn’t sufficiently buffet-like, the Hyundai brand missed its global sales target by nearly 600,000 vehicles last year. It’s a well-reported slump, and we’ve told you about the automaker’s strategy to get its mojo back.
Crossovers, man. Lots and lots of crossovers.
While fleshing out its lineup of two- and three-row haulers seems like a perfectly reasonable plan in a world addicted to cargo volume, it looks like Hyundai’s not stopping there. Some buyers will surely want more power, and Hyundai’s prepared to deliver it.
The Cost of Saving GM Korea? $2.8 Billion, Report Claims
Amid frantic restructuring designed to keep General Motors’ money-losing Korean operations afloat, the automaker has proposed a $2.8 billion investment, a new report claims.
According to Reuters, a South Korean government official said GM would invest the funds over the span of 10 years, though not all of that money would come from the automaker’s coffers.
Seeking Global Domination, Nissan Hunts New Markets for the Leaf
After becoming something close to a joke over the past couple of years, the once-groundbreaking Nissan Leaf enters 2018 with a new skin, larger battery, and enhanced range. Next year brings an optional battery upgrade, finally giving the five-door EV a range capable of challenging Tesla and General Motors.
Now that it has a competitive vehicle positioned as a value pick in a growing segment, Nissan wants everyone to get a chance to buy one, no matter where they live. It may have shied away from sales targets in the U.S., but Nissan’s not dialing back its global ambitions.
Decision on Fiat 500-based Jeep Model Looms
The emergence of Jeep as a global brand with lofty sales ambitions means satisfying everyone, everywhere, no matter what the location or income of the would-be buyer. While Fiat Chrysler feels there’s definitely room to go bigger and pricier in the United States (we’re still waiting on that six-figure Grand Wagoneer), there’s also a desire to go smaller in overseas markets.
We’re talking sub-Renegade. And it just so happens Jeep has access to the platform underpinning the tiny Fiat 500 city car and plucky/adorable Fiat Panda that would make just such a model possible.
The question for Jeep is: does it really want to go there?
Depressed About Flat U.S. Car Sales and the Death of the Sedan? Will 90 Million Units Globally Cheer You Up?
While it’s definitely not the same doom and gloom vibe felt around the domestic auto industry as it was financially circling the drain in 2008, headlines in the new year seem to forecast storm clouds on the horizon.
After nearly a decade of sales growth, the American market for passenger cars and light trucks flattened out in 2017. Actually, sales didn’t just flatten in the U.S., they dropped 1.75 percent for the year. Not only has the overall U.S. market shrunk, we’re seeing predictions of the death of an entire segment of that market, the sedan — a segment that has pretty much defined the American automotive world for a century. It’s one thing for an iconoclastic website like TTAC to be talking about a sedan deathwatch, but when that prediction is on the front page of the Detroit News, with reports that Ford may very well stop building sedans in America and that Buick sedan sales have been cut in half over the past year, people will take notice.
I’m not here to depress you, though. Despite the gloomy cast to things, in reality the automotive industry as a whole is doing very well.
Hope for Hyundai? China Agrees to Ignore South Korea's Missiles
When it comes to the positively frosty relationship between China and South Korea, this is the part of the movie where the two countries bump into each other at the bookstore and realize they should work out their troubles instead of giving each other the silent treatment. You know, for the kids.
For South Korea, China’s decision to warm up the relationship — which soured after the jittery country placed U.S.-supplied defensive missiles on its soil — is the best news its auto manufacturing sector has heard in ages. Perhaps soon it won’t be frowned upon to own a Hyundai or Kia in Beijing.
Made for America, the Nissan Titan Expands Its Horizons
In terms of monthly U.S. sales, Nissan’s line of Titan pickups ended September in the number nine spot, ahead of the midsize GMC Canyon but behind its own paleolithic Frontier. While the 3,773 Titan and Titan XDs sold last month represent a tiny fraction of the 82,302 Ford F-Series models sold in the same time frame, it’s still a 52-percent increase from the same month in 2016.
Year-to-date, however, Titan sales are up 224 percent in the United States. That’s enough to get Nissan thinking about the pickup’s potential in markets not dominated by tried-and-true nameplates from the Detroit Three.
It seems Nissan’s planning to seize some ground for itself on fertile — but traditionally unfriendly — terrain. Looking back, the looming push was obvious.
Reality Czech: If You're Waiting for Skodas in America, Prepare to Wait Even Longer
Nothing stirs up enthusiasts and cynics quite like the potential launch of a new brand in the United States. Over the past several years, we’ve reported on the motions being made by established European players eager for a thin wedge of the country’s huge car-buying pie — players like PSA group, which is now in the early days of a decade-long return to the U.S. marketplace.
Less exciting, especially considering the level of zeal expressed for quirky French cars, is the rumored emergence of the Skoda brand on this side of the Atlantic. Once a lesser player in the Volkswagen Group fold, the Czech automaker is enjoying huge sales increases. There’s a diverse lineup of vehicles, including a seemingly made-for-America SUV, the Kodiaq. The brand even filed trademark applications for model names.
So, should we expect a go-ahead decision in the months ahead, like the brand’s leadership hinted at last year? Nope. Skoda has better things to do.
As Chrysler Fades Away on the Global Stage, Right-hand-drive 300s Remain in Production
On the surface, Fiat Chrysler Automobiles’ Jeep brand is everything a modern-day brand should be. SUVs and crossovers, a looming pickup truck, and no cars. This is what the world wants.
On the opposite side of the coin, Chrysler is the brand seemingly no one, save for North American minivan buyers and a shrinking pool of traditional luxury sedan devotees, wants. Year-to-date, sales of the brand’s two-model U.S. lineup is down nearly 10 percent.
Overseas reports claiming FCA has ended production of right-hand-drive models at its Ontario, Canada assembly plants paint an even grimmer picture, even though the core RHD Chrysler model — the rear-drive 300 — is not, apparently, extinct.
Chrysler Will Stay Alive in Japan (Where It's Almost Dead): FCA
We all remember former Chrysler Corporation chairman Lee Iacocca railing against the Japanese for their uber-expensive land and not-so-open borders. Well, Jeep sales are slowly picking up in that Detroit Three-averse country, but one storied American brand isn’t doing so hot.
Chrysler. Sure, the brand isn’t doing all that great in its home country, either, what with only two models to show for itself. Still, Japanese buyers seem particularly unimpressed with the sole model Chrysler has to offer it.
Still, even with nearly nonexistent sales, Fiat Chrysler Automobiles isn’t about to throw in the towel just yet.
Mystery Jeep in Patent Filing Gets Everyone's Hopes Up
Fiat Chrysler Automobiles isn’t talking about future products, so all we’re left with is some drawings from a design patent and an undecided jury. Still, the images are intriguing, as they show a seven-seat utility vehicle a vaguely familiar face.
Jeep’s mystery vehicle could be one of two planned models, one of which could make FCA big bucks in the United States. At least, once it figures out how to build the thing.
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