It’s sales are but a drop in the bucket for Honda, but the Civic GX, recently renamed the NG, might have a chance to grow its market share thanks to efforts by Clean Energy Fuels Corp. to expand U.S. infrastructure for natural gas vehicles. The fact is, there is so much natural gas available in the U.S. that it’s...
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In order to counter currency and geographical volatility, Honda announced the use of North American assembly facilities to produce vehicles for export. After experiencing earthquake, tsunami, and yen fluctuation, many Japanese automakers are discussing methods of minimizing the export output of domestic assembly plants and increasing product assembly overseas. Honda CEO Takanobu Ito tells Automotive...
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BMWs in certain markets may be getting a “Made In China” code in their VIN numbers starting at the end of 2011, as the company plans to export Chinese made 5-Series sedans to certain markets. The Truth About Cars quotes the CEO of BMW’s Chinese operations as stating “We will find some markets, maybe in the...
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The rising yen is making exports from Japan increasingly unprofitable and Honda is looking to cut vehicle exports by 50 percent over the next 10 years as a response to the change in currency valuations. Honda hopes to sell as much as 90 percent of its vehicles in markets that can use locally sourced vehicles....
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Mitsubishi‘s lineup in the rest of the world is a pretty far cry from the Outlanders, Eclipses and Galants we’re used to in North America. In foreign markets, cars like the i, Colt and Delica can be had instead of the pulse-slowing fare sold here. Mitsubishi apparently planned on bringing their Delica minivan to our...
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Toyota‘s executive vice president for global manufacturing said that exporting the Corolla and Yaris to America was no longer profitable due to a strong yen, which is at a 15 year high relative to the U.S. dollar. Given the current exchange-rate situation, it isn’t feasible, in terms of a business model, for us to produce...
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