Connect to share and comment

Why Chinese buyers love Buick

The heyday of Buick on American roads is long gone, but the brand is far from dead. In fact, business is booming — just not in the US.

Why Chrysler’s makeover is far from finished

In the world of auto plant openings, platitudes from union leaders, government officials and other dignitaries is part of the routine script. So when Chrysler announced its latest investment (and plan to hire 1,250 workers) in Detroit Thursday the comments from UAW leader General Holiefield struck me as out of the ordinary. Holiefield lauded Chrysler CEO Sergio Marchionne for the turnaround he has overseen with the smallest of the Big 3. But Holiefied went beyond the usual congratulations. He praised Marchionne as the type of auto executive who follows through on his word and wants a genuine partnership with the United Auto Workers.

Canadian ambassador to China's official car mocked on Chinese internet

The Canadian ambassador to China's official car — a Toyota Camry hybrid — stands out in a sea of Audi A6s, the vehicle of choice for Chinese government officials.
Canadian ambassador china car 20120201Enlarge
Chinese internet users were shocked by this post on the Canadian embassy in China's Weibo microblog that shows Ambassador David Mulroney's official car, a silver Camry. (Weibo/Screengrab)

In Beijing, official government vehicles tend towards the ubiquitous black Audi A6 — the classic Chinese bureaucrat car — or perhaps BMWs and Mercedes, all with tinted windows and aggressive personal drivers forcing through way through the gridlock.

The Canadian ambassador to China has turned heads with his official car for a different reason, according to The Globe and Mail newspaper

When David Mulroney posted photos of his silver Toyota Camry hybrid on the Canadian embassy's official Weibo microblog (the Chinese equivalent of Twitter), "the reaction from the Chinese Internet was something close to shock. Especially when he explained that even cabinet ministers in Canada only have a budget of $32,400 for their official car," the Globe said.

According to the Globe, one Weibo user commented (using Mulroney's Chinese name, Ma Dawei): “Ambassador Ma, a Chinese mid-level cadre wouldn’t lay an eye on your car!”

More from GlobalPost: Canadians abroad ply their embassies with weird questions

Mulroney explained on Weibo that in Canada, only minister or deputy minister-level officials have government-subsidized vehicles.

"I provided the information because we get a lot of questions about how we operate at the embassy, what rules govern our work, and how much money we spend. This information is all readily available to Canadians who ask," he told Global Times, a state-run newspaper.

More

US auto industry expects profits in 2012

At this week's Detroit auto show, experts say the American auto industry is on the road to recovery

Detroit revs up auto sales

The auto industry has just logged its best sales year since 2008. Next year looks good, too.
Auto industry salesEnlarge
Auto industry car sales are at its highest since 2008, according to a report from truecar.com (Bill Pugliano/AFP/Getty Images)

2011 has been the best year for the auto industry since 2008, and analysts are optimistic that 2012 will be even better.

According to J.D. Power and Associates, total sales will reach 12.7 million vehicles in 2011 and 13.8 million next year, USA Today reported.

Chrysler has been especially strong this month. So, too, have Hyundai and Kia. All three posted sales gains of more than 30 percent in December, according to TrueCar.

That trend has held for much of 2011. 

“December’s sales rate was a continuation of the rather slow and steady recovery that now symbolizes 2011,” Jesse Toprak, Vice President of Industry Trends and Insights for TrueCar.com said in a statement.

More

US-China: Hints of a trade war?

China will impose punitive duties of up to 22 percent on large cars and SUVs exported from the US.
China auto modelsEnlarge
A model relaxes her foot beside a Buick during the Auto China 2008 show April 20, 2008 in Beijing, China. (Feng Li/Getty Images)

This is not what the fragile global economy needs right now. And it's certainly not what fragile Detroit needs, either. 

China's Commerce Ministry today said that it is imposing tariffs on large cars and SUVs exported from the United States.

Those duties could be as much as 22 percent, Reuters reported. And they will be tacked on to an existing 25 percent tariff that's imposed on US auto exports in China.

Reaction by US lawmakers has been, not surprisingly, swift:

"China relentlessly breaks international trade rules and seeks to gain an anti-competitive advantage over our companies and workers. America must be equally relentless in fighting back," said Sen. Debbie Stabenow, who represents Michigan.

Stabenow wants the USTR to take action. Four US House of Representative members agree, and called Beijing's move "unjustifiable" and "one more instance of impermissible Chinese retaliation against the United States and other trading partners," according to Reuters.

This latest trade mash-up comes at a particularly bad time for Detroit as US automakers have been aggressively targeting China, the world's biggest market for autos.

More from Thomas Mucha: Can China save General Motors?

But auto sales in China have slowed dramatically, so Beijing is stepping in to protect its homegrown industry.

“The move shows that China is always capable of intervening politically in its markets,” Urgent Pepper, an analyst with Bankhaus Metzler told Bloomberg. “The automobile industry is very dependent on China for growth, and there's doubts about the pace of future expansion.”

Today's spat is also part of a longer-running auto trade fight between the world's two largest economies.

More

Saab's sob story

STOCKHOLM — Saab’s sad story is a black spot in Sweden’s otherwise robust recovery.

Honda recalls 1.5 million vehicles over transmission problem

The automatic transmission problem could cause a misalignment of the gear shaft and the vehicle’s engine could stall, the company said.

Germany drags on electric cars

BERLIN — Germany, despite its environmental proclivities and cutting-edge auto industry, has lagged behind other countries when it comes to the electric car.
Syndicate content