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China’s new car tax could make luxury carmakers an endangered species

“Wait a minute, they won’t sell me a car because it’s going to be more expensive next month? The logic of the situation eludes me. But there you have it.” — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN):  Only in China would a car salesman refuse to sell you a big fancy foreign car. China is increasing [...]

When you’re right, you’re right: Toyota (TM) pushing Tundras & Sequias to China and India

“Toyota, like rivals Ford Motor Co. and General Motors Corp., is finding it difficult to sell the larger vehicles as gas prices hover near the 4-dollar mark.” — People’s Daily Online Blogger’s note: Despite my deep love of the Tata Nano and strong desire to see Indian car producer Tata Motors (TTM:NYSE) thrive during the recession, [...]

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