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In developed economies the name Datsun has some value, especially among those nostalgic for a vintage jalopy.
But the retro appeal isn’t really the point in India. Will Datsuns take off as low-cost options in a growing economy with a rising middle-class? Continue reading »
On Thursday, three of the big Japanese carmakers released numbers showing how the spat has hurt production. The numbers are grim, but could have been grimmer. Continue reading »
Japanese carmakers seem to be staring into the abyss in China, with buyers shunning Japanese cars since September, because of the Diaoyu islands dispute.
But AllianceBernstein analysts think this may be a passing phase. If they’re right, it could be an opportunity to buy Japanese car stocks, which are well down on the news from China. Continue reading »
Nissan Motor on Friday announced plans to start manufacturing its luxury Infiniti model in China, in the latest investment news from the car industry in advance of next week’s Beijing motor show.
The Japanese group is hardly the first international maker to launch the assembly of upmarket cars in the Middle Kingdom. BMW and Daimler have been manufacturing in China for years.
But it’s evidence that the industry isn’t discouraged by last year’s slowdown in the Chinese car market or by forecasts of decelerating economic growth, not to mention warnings of a possible hard landing. With all eyes on Auto China 2012, Ford Motor and Volkswagen have also announced new Chinese factories this week. Continue reading »
By Ben Aris of Business New Europe
Avtovaz, the maker of Russia’s Lada cars, is in a race against time to modernise or die.
By agreeing to sell a controlling stake to Renault-Nissan in a deal that is expected to be closed shortly, the Kremlin has tacitly conceded that it has lost the fight to maintain a Russian-owned car producer.
Enforced holidays may sound like no bad thing, but they have become an ominous sign of the slowdown in Brazil’s auto market.
Volkswagen was the latest car manufacturer to send its workers home this week, ordering 1700 employees at one of its factories in the southern state of Paraná to take a two-week break. General Motors and Fiat have also recently enforced holidays at their Brazilian factories to help control stock levels as production has started to race ahead of sales.