Auto Wars – American vs. Japanese: Who makes better cars?

December 8, 2010 at 7:17 pm

(Source: Studydriving.com via Infographlove)

Interestingly, the infographic below summarizes the data into this nugget: Americans make better cars than Japanese.  No wonder GM and Ford are making a comeback.  After all, this country love a good comeback.

Toyota Prius Tops May Auto Sales in Japan; Hybrid Sales Soar in Japan, Despite Downturn

June 5, 2009 at 10:52 am
This post is sponsored by LemonFree.com 

(Source:  Wall Street Journal, Green Car Congress & Tree Hugger)

Jadaprius

Image Courtesy: Green Car Congress - Prius sales in Japan by month since January 2007. Data: JADA.

Last month (May 2009), the Toyota Prius was the top selling model in the world’s second-largest economy; the rival Honda Insight hybrid came in third, according to new car sales rankings—excluding minicars with displacements of less than 660 cc—released by the Japan Automobile Dealers Association (JADA).   

In April HondaScryve Corporate Social Responsibility Rating was quite happy to report that its new Insight hybrid was both the best selling car in Japan for that month (outselling the Toyota Priusand the first hybrid car to have that honor with 10,481 units. (Earlier post.) In May, the Insight dropped to third place with 8,183 units, behind the Prius and the Honda Fit, with 8,859 units.Toyota’s May performance was all the more surprising, since the third-generation Prius didn’t go on sale until May 18.  

The Prius posted 10,915 units in May, in Japan more than twice the 5,079 units sold in May 2008 and compared to 1,952 units in April 2009, according to the JADA data. (In the US, Toyota reported 10,091 units of the Prius sold in May.)

Why are these fuel-sippers speeding out of Japanese dealer lots, when sales of the more-expensive hybrid cars are still in the doldrums in the U.S.,  Japan’s economy isn’t doing any better—indeed, its first-quarter contraction was the biggest since World War II.

There are several possible explanations—beyond the fact that both Toyota and Honda have cut prices to make hybrids a little less niche and a little more mass market. First, generous government incentives: Japan’s stimulus package included a range of tax breaks for buyers of hybrid (and electric) vehicles which can knock thousands of dollars off the price tag. Japan has tougher mileage standards—but that affects what kind of cars manufacturers turn out, not what kind of cars consumers flock to. One huge difference is the price of gasoline—which automatically makes the hybrids more attractive, especially in a recession. Japan, like many European countries, slaps a hefty national tax on gas. Right now, Japanese pump prices work out to $4.61 a gallon. That compares to a U.S. national average of about $2.50 a gallon.

Over 1.8 Million new and used cars

US Hybrid Vehicle Sales Down 45.5% in April

May 6, 2009 at 7:51 pm

(Source: Green Car Congress)

This post is sponsored by LemonFree.com 

Reported sales of hybrids in the US reported by Toyota, Honda, Ford, GM and Nissan dropped 45.5% year-on-year in April to 21,735, despite full month sales for the new Honda Insight and the Ford Fusion and Milan hybrids. Total LDV sales in the US were down 34.4%. 

Us hybrid sales 2009.04.01

The reported sales represented a 2.65% hybrid new vehicle market share (based on Autodata’s total LDV sales figure)—the highest monthly new vehicle share for hybrids so far this year, but below the 3.2% high mark in April 2008. Year-to-date in 2009, hybrids are holding a 2.4% new vehicle market share.

Toyota. Overall, Toyota saw a 62.8% drop year-on-year in its combined hybrid sales in April 2009. Year-to-date US sales of Toyota hybrids through April are down 51% to 49,660 units from 101,334 for the same period last year.

In advance of the market introduction of the new 2010 Prius, Toyota Prius sales dropped 61.5% in April to 8,385 units from 21,757. Other results:

  • Sales of the Camry Hybrid were down 67.1% to 2,198 units, representing 8.7% of Camry sales. Sales of conventional Camry models were down 31%.
  • Sales of the Highlander Hybrid were down 63.8% to 933 units, representing 16.7% of Highlander sales. Sales of conventional Highlander models were down 37%.
  • Sales of the RX 400h Hybrid were down 59.7% to 655 units, representing 10.5% of RX sales. Sales of conventional RX models were up 1%.
  • Sales of the GS450h were down 59.8% to 33 units, representing 7.1% of GS sales. Sales of conventional GS models were down 71%.
  • Sales of the LS 600h L were down 84.4% to 19 units, representing 2.5% of LS sales. Sales of the conventional LS models were down 60%

Honda. With the first full month of sales of the Insight, Honda moved up to the number two slot behind Toyota, with 5,457 units sold. The Insight sold 2,096 units in April, and pushed combined Honda hybrid sales up 25% year-on-year. In April 2008, Honda had the Civic Hybrid on sale as well as the low-selling Accord Hybrid (25 units in April 2008).

Honda sold 3,361 Civic Hybrids in April, down 22.3% year-on-year, and representing 12.8% of all Civics sold. Sales of conventional Civic models were down 23% in April.

Ford. The addition of the new Fusion and Milan hybrids pushed combined Ford hybrid sales to 2,299 units, up 21% compared to April 2008. Ford posted 1,134 units of the Escape and Mariner Hybrids, down 40.5% year-on-year, and representing 7.3% of Escape and Mariner sales. Sales of conventional Escape and Mariner models were down 13% year-on-year.

The new Fusion and Milan hybrid sedans sold a combined 1,165 units, representing 5.7% of all Fusion and Milan sales in April. Sales of conventional models of the Fusion and Milan climbed 3% year-on-year in April.

Click here to read the entire report.
Over 1.8 Million new and used cars

One for the record book! In a historic first, Entire Acura Line-up Receives Top Safety Ratings from NHTSA and IIHS for Crash Worthiness

April 1, 2009 at 6:06 pm

(Source: Autoblog; Photo: Acura via Auto123.com)

2009 Acura TL IIHS Side Impact Test;

Acura buyers can rest assured that their fancy Hondas have their backsides not only well cosseted, but well covered. No matter what direction you smash a current Acura, any of them, you’re protected by a straight-A student. In front, side, and rear impacts, every car that Acura sells carries top ratings from both the IIHS and NHTSA. Acura’s crediting its two crash test facilities — one in Tochigi Japan, and the other in Raymond, Ohio — with enabling the top scores. Paying attention to occupant and pedestrian safety has been a focus of Acura, and the brand is the first ever to earn top ratings for front, side, and rear crashes from both agencies. 

The press release from Acura has a ton of information about the safety features embedded in the vehicles that contributed to this great recognition.  

 “No other automotive brand has accomplished what Acura has, nor can make the safety claims that Acura can,” said John Mendel, executive vice president of automobile sales. “When consumers think safety, they really should think Acura.”

Click here to read the entire press release.

Industry’s Big Hope for Small Cars Fades

March 23, 2009 at 6:47 pm

(Source: Wall Street Journal)

Last summer, when gas cost $4 a gallon, buyers snapped up small cars so fast that dealers couldn’t keep them in stock. Now, with gas prices half that level, almost 500,000 fuel-thrifty models are piled up unsold around the country.

The turnabout comes at a bad time for the struggling U.S. car industry, which has revamped factories and shifted product plans to produce more small cars in coming years. The moves are prompted by coming stricter federal fuel-economy standards and the Obama administration’s car-bailout plan, which encourages auto makers to boost their vehicles’ mileage.

 Practically every small car in the market is stacked up at dealerships. At the end of February,Honda Motor Co. had 22,191 Fits on dealer lots — enough to last 125 days at the current sales rate, according to Autodata Corp. In July, it had a nine-day supply, while the industry generally considers a 55- to 60-day supply healthy.For other models the supply situation is even worse. Toyota Motor Corp. has enough Yaris subcompacts to last 175 days. Chrysler LLC has a 205-day supply of the Dodge Caliber. And Chevrolet dealers have 427 days’ worth of Aveo subcompacts. At the current sales rate, General Motors Corp. could stop making the Aveo and it wouldn’t run out until May 24, 2010.

“I don’t think Americans really like small cars,” said Beau Boeckmann, whose family’s Galpin Ford in southern California is the country’s largest Ford dealer. “They drive them when they think they have to, when gas prices are high. But we’re big people and we like big cars.”

The logjam of small cars is caused in part by the recession, which has sapped sales of all types of vehicles. But it also underscores how badly gasoline prices have whipsawed the industry. A year ago, car companies rushed to react when Americans practically stopped buying large vehicles and flocked to hybrids and small cars.

Click here to read the entire article (Subscription Reqd.  Free Registration available).

Hybrid cars sales in the US are falling at a ‘breakneck pace’

March 18, 2009 at 3:30 pm

(Source: Financial Times)

Despite the US government’s determination to increase efficiency standards and become energy independent, hybrid cars sales in the US are falling at a ‘breakneck pace’ – even faster than overall car sales, reports the LA Times:

Last month, only 15,144 hybrids sold nationwide, down almost two-thirds from April, when the segment’s sales peaked and gas averaged $3.57 a gallon. That’s far larger than the drop in industry sales for the period and scarcely a better showing than January, when hybrid sales were at their lowest since early 2005.

In July, U.S. Toyota dealers didn’t have enough Prius models in stock to last two days, and many were charging thousands of dollars above sticker price for the few they had.

Today there are about 80 days’ worth on hand, and dealers are working much harder — even with the help of $500 factory rebates — to move the egg-shaped gas-savers off lots from Santa Monica to Miami.

The gist of the story is even though hybrids are more expensive and therefore less attractive to consumers in these recession-bound times, car makers are compelled by government regulations to continue developing them. Hybrid cars are not particularly profitable for the industry either; Toyota only recently began to turn a profit on its Prius.

Click here to read the entire article.

Takanobu Ito To Succeed Takeo Fukui As Honda CEO

February 23, 2009 at 11:13 am

 

(Source: Jalopnik.com

Takanobu Ito, has been tapped to succeed Takeo Fukui as the next president and CEO of Honda Motor Co. starting in June.

Takanobu Ito, currently the head of global automotive operations at Honda Motor Co., has been tapped as the automaker’s next president and CEO starting in June.

Click here to read the full article.