Automakers

1:01am

Wed April 25, 2012
Asia

Carmakers In China Rev Up As Industry Shifts East

Originally published on Wed April 25, 2012 4:24 pm

China is now the world's largest market for cars, and the Auto China 2012 car show is now taking place in Beijing. Here, the Denza electric car, a joint creation by Daimler and Chinese manufacturer BYD, is unveiled Monday.
AP

The Beijing auto show runs this week in what is now the world's largest car market, and a crucial one for Detroit companies.

General Motors just announced it will open 600 more dealerships in China, where it sells more cars than it does in the U.S. Last week, Ford announced construction of its fourth Chinese assembly plant.

For longtime American auto executives in China, witnessing the shift in the global auto industry is dramatic.

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2:42am

Thu April 19, 2012
Business

Business News

Originally published on Thu April 19, 2012 3:53 am

The $760 million factory is part of Ford's plan to double its production there by 2015. The new factory should up Ford's production in China to 1.2million cars — about half of what it produces in the U.S.

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1:01am

Wed April 18, 2012
Business

Rough Patches Behind It, Toyota Tries To Accelerate

Originally published on Wed April 18, 2012 6:23 am

A crane lifts a Toyota to the top level of New York's Javits Convention Center on April 2, before the New York International Auto Show.
Joe Polimeni PR Newswire

Paul Schubert and his wife decided to buy a new car last summer — a really fuel-efficient one. After a lot of research, they settled on a Toyota Prius. But there was a problem: They couldn't find one.

The tsunami that devastated Japan in March had dried up supplies of the Prius, which is made in Japan, and a dealer told them they would have to wait — "about four months," Schubert says. "And we thought, well, it'd be, probably, end of November, early December before we were going to have a car."

The Schuberts still had a working car.

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12:25pm

Tue April 17, 2012
The Two-Way

Shifting Into Reverse, Detroit Automakers Lose Some Market Share

A worker assembles a Silverado truck on the assembly line at the GM Flint Assembly plant in Michigan.
Bill Pugliano Getty Images

Chrysler, Ford and General Motors gained market share in the past couple years. Helped by Toyota's much-publicized recalls, the problems that Japanese carmakers faced after last year's earthquake and tsunami, and an improving reputation for the quality of American-made vehicles, Detroit's Big Three grabbed 47 percent of sales last year — up from 45.1 percent in 2010 and 44 percent in 2009.

Our friend Micki Maynard of Changing Gears, though, reports that the Detroit companies' comeback — in terms of market share — may be over.

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2:00am

Fri April 6, 2012
NPR Story

Average U.S. Car Price Tops $30,000

Average prices for cars are at an all-time high, reflecting increased demand and a healthier economy. The average car price has gone up nearly $2,000 since last year. Even though car prices are higher, buyers haven't shied away from picking up a new car.

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