Summit Notebook

from Environment Forum:

A Nightmare on Auto Street: Big boxes

November 4, 2009

When it comes to competition in the auto business, it's the unknown that keeps the top U.S. Honda executive, John Mendel, up at night.

Toyota’s Arashima on Reuters Financial Television

November 3, 2009

Toyota Motor Europe President and CEO Tadashi Arashima talked to Reuters Financial Television during the Auto Summit in Paris. See here.

Toyota will not freeze out Iceland, bets on Russia bounce

November 3, 2009

The world’s biggest carmaker, Toyota, will not follow the road of McDonald’s and abandon Iceland even though it is selling ‘very few’ cars there at the moment and its distributor has been seized by the banks as its owner went belly-up, Toyota Motor Europe President and CEO Tadashi Arashima told the Reuters Auto Summit in Paris on Tuesday.
“We have a big market share there, of 25 percent, and it is good for our after-sales,” Arashima said.
The banks are trying to sell the distributor but Toyota does not plan to take ownership like it does in its key European markets of Germany, France, Italy, Spain and the United Kingdom, and some Scandinavian countries.
 

Investors do not realise Valeo’s Asian potential-CEO

November 3, 2009

Valeo generates 18 percent of its sales in Asia, and 7 percent in China alone, and that percentage will increase due to fast organic growth in these booming markets, but investors still see Valeo as a company anchored in mature European markets.

Reports of the death of the car industry are premature-Valeo

November 3, 2009

A glimmer of light in a world of darkness for stressed-out car industry managers. Jacques Aschenbroich (pronounce Ashenbrough), the new CEO at French car supplier Valeo has been visiting the Frankfurt and Tokyo motorshows, as well as travelling to places such as China.

Peugeot is far too small in China

November 2, 2009

There is only one market really booming in the world and that is China, pity Peugeot only has a very small market share there.

Gassing about electric cars

July 9, 2009

Would you buy a car that only goes 100 miles (160 km) on a tank of fuel?

That’s the range of Nissan’s 5-seater electric car planned for sale in the U.S. and Japan in 2010 – a similar size to Nissan’s Primera or VW’s Golf.

Ask a Car Maker …

September 12, 2008

 

The U.S. autos sector has hit a wall like some kind of crash test dummy – record gas prices, rising supply costs and sales hitting a 15-year low. Can car makers ride it out?