Car industry


Car sales snap out of reverse

Despite the ending of some tax assistance for small to medium businesses on June 30, car sales jumped up in August.

Left, that’s the right side to drive on. Right?

For the first time in over 30 years, a country is to change the side of the road they drive on. Samoa will soon drive on the left, which might prove a win for the Australian car industry.

Waste watermelons could power cars

Scientists may have found a use for the 800 million-odd pounds of watermelon left in US farmers’ fields each year: the fruit could be used to create ethanol for use in cars.

Get ‘em while they’re down!

The new vanguard of Asian automakers, Hyundai and Kia, is attempting to break the fortress of American car-making: Detroit.

Car sales on the up thanks to tax break

Australian car sales jumped in May in the first monthly rebound since the start of last year.

China’s revs up for European success

Is China’s car industry defying the global downturn in the all-important European market?

Prius: just another word for hybrid

When people think hybrid, they still think Toyota’s Prius. Perhaps that’s why Honda’s Insight hybrid alternative isn’t setting the market on fire, despite being priced lower.

The end of car dealers — but who replaces them?

Today the majority of car buyers go online before they set foot in a dealership, and they might travel 50 or 100 miles to find the car they want at the price they are willing to pay.

Are new cars old news in the US?

The New York Times is asking today: “Can American drivers live without that new-car smell?” The Big Money wraps the newspapers’ perspective.

Ferrari goes hybrid; car world in a spin

Hold onto your (prancing) horses, kids, ‘cause the men from Maranello are indeed readying a hybrid system for future Ferraris, which will most likely launch in 2015 or thereabouts, says John Voelcker.

Questions for Graeme Samuel on national car pricing

The ACCC has created a massive hiccup in the car market threatening car companies with criminal proceedings if they release national indicative car prices to the media, writes John Mellor.

Car sales accelerate, economy gets into gear

There’s another statistic which supports the belief that the Australian economy is travelling a bit better than we suspect at the moment.

GM to shut 13 car plants for summer

General Motors will shut down 13 of its 20 North American plants for several weeks of the US summer to allow its dealers to sell through their inventories.

Open source eco-car, designed by wiki

By making the blueprints for an eco-car publicly available under an open source licence, the automative industry is getting a taste of what collaboration could mean for the future of car design.

German carmakers headed for the scrapheap

A German government subsidy for consumers to trade in their cars for new models seemingly isn’t enough to spare domestic carmakers from financial pain.

SackWatch: The firings keep coming as job ads fall by 45%

Since Crikey published its sixth SackWatch update last week, the tips box has again been running rampant with fresh tales of shoulder-tapping in businesses across the nation, reports Andrew Crook.

Obama leaves Chrysler running on empty

The Obama Administration's new, dramatic US car industry policy is a whack in the head with a blunt object, writes Glenn Dyer.

Dyer’s business wrap: Ireland a basket case … GM chief quits

Deflation is once again stalking Japan — European manufacturing has got the staggers; the UK economy is contracting nastily, but Ireland is the global basket case as its economy shrinks at rates approaching a Depression.

The car industry and protectionist delusion

As China and the East roars ahead in classical 19th century high capitalist mode, the West runs on financial services, and rents – such as intellectual property, and debt and debt and debt.

The World’s governments are injecting cash into the global financial markets…

Yes they are!

Oz should follow China’s lead on car industry

China has done the most obvious thing and lifted sales taxes on cars with big engines to make them more costly: without actually saying so, it’s effectively a tax on fuel consumption, writes Glenn Dyer.

Bracks report: An additional two billion dollar handout to the car industry

The Bracks review of the car industry released this morning is already getting headlines for steering away from recommending the retention of the current 10% tariff on imported vehicles, writes Bernard Keane.

US corporate casualty list still growing

Businesses are falling over seemingly by the day as the US economic slump continues. Here are the latest casualties. By Glenn Dyer.

Jobs, cars still taking a battering in the US

In case we needed any more evidence that the US economy is continuing to slow, new jobs and car sales figures will provide it, writes Glenn Dyer.

Will Bracks take the automotive sector off life support?

It’s high time we stopped treating the Australian automotive industry as a special case and saw it as the costly rort it is, writes Bernard Keane.