Mack Chrysler

Correspondent
WardsAuto

Mack writes about Japan and other Asia/Pacific auto makers and markets.

Articles by Mack Chrysler
Chinese Auto Makers Have Foreign Objectives
Chinese exporters are focusing mainly on emerging markets in Asia, Africa, the Middle East and South America, where a taste for their small, inexpensive cars has grown rapidly.
Profits, Vehicle Sales Forecast to Climb in Fiscal 2013 for Japanese
A Goldman Sachs Japan report forecasts a 112% gain in operating profit for the country’s eight major auto makers, with global vehicle shipments rising 11.4% to 21.3 million units.
China’s Wall Against Imports Has Holes
The power and prestige of senior Chinese officials and their taste in cars may prove the new restrictions on imports to be a paper tiger. Previous attempts to curb government spending on expensive foreign makes have failed.
Report Finds Toyota Back On Its Game
Recovery in the North American market is projected at 14 million units in the fiscal year starting April 1, with market share improving to 15% from 12.7%.
New Owner Looking to Reinvent Embattled Proton
The Malaysian auto maker is burdened by outdated technology, massive overcapacity, lack of scale, a limited model lineup, a reputation for poor quality and bad management.
Japan Alone May Gain From Free-Trade Zone 
Japanese auto makers touting the shared benefits of free trade deny the home market is closed to imported vehicles. But imports’ 6.5% market share in 2011 was virtually unchanged from 15 years earlier.
China Focusing on ‘Sustainable’ Auto Industry
The report predicts Chinese auto makers will sacrifice market share in the short term, while improving quality and adopting other means of establishing long-term viability.
Mitsubishi Wrestling With Strong Yen, But Still Expects to See Profits 
“We’re doing everything possible to bring down costs, including making greater use of imported components. But without changing our model mix, we can’t make profits through exports,” Mitsubishi’s president says.
Outlook Brighter for Japan in 2012, Group Says 
The impact of yen appreciation and other negative factors are expected to be offset in part by tax cuts and purchase incentives.
Nissan Future Mostly All-Electric 
The auto maker’s R&D chief says Li-ion battery costs will have to fall by at least 40% before electric vehicles begin capturing market share from gasoline-powered cars at current fuel prices.
Daihatsu Stakes Out New Niche With Pico 
Daihatsu is not looking to replace conventional 0.66L minis with the Pico but to create a new segment by taking away business from 0.5L scooters, small motorcycles and motorized bicycles.
Consulting Firm Offers Upbeat Outlook for Japanese Auto Makers
Even assuming a high exchange rate, Goldman Sachs Japan says strong growth is likely next year, with Toyota and Honda expectations high and Nissan and Daihatsu at a relative advantage with their emerging-markets strategies.
Domestic Chinese Auto Makers’ Ranks Face Thinning
China may be the world’s largest automotive market, but heavy reliance on foreign technology and weak R&D capability among local producers makes it a mere “factory” for global car makers, one analyst says.
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