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Mini has always been doing great in the North America, but its sales became even better when customers turned away from big SUVs to small fuel efficient cars. The manufacturer says that in order to cover the demand, they want to expand their network in the U.S.
Within the next year and a half Mini will increase the number of American dealerships by 20% making it total of 100 outlets. The new 17 dealerships will be set all over the U.S. in the areas where there have not been Mini outlets before. The location for them is already determined: Birmingham, Alabama; Pensacola, Florida; Alexandria, Virginia; Austin, Texas; Seattle, Washington; Fort Myers, Florida; El Paso, Texas; Ontario, California; Louisville, Kentucky; Raleigh, North Carolina; Knoxville, Tennessee; Loveland, Colorado; Madison, Wisconsin; Mount Laurel, New Jersey; Allentown, Pennsylvania; San Diego, California, and Tempe, Arizona.
Last year the company has sold 54,077 cars in North America and while this year sales might not be big, Mini USA vice president, Jim McDowell says that in 2011 after the opening of the new dealerships they plan to increase the sales by double digit percentage.
Daimler AG has announced that is sold 5.34% of the stake in Tata Motors. The German company has raised more than $400 million for the shares it did not want to hold any more.
BYD is the Chinese battery and EV specialist which has recently decided to form a joint venture with the German Daimler AG. Although the companies are going to work together on many projects, Chinese media has announced that BYD is not planning to share its core technology on lithium-ion batteries and EV systems with the partner.
In the last weeks almost every American has heard and discussed the problem of Toyota vehicles that have to be recalled because of “unintended acceleration”. The Japanese manufacturer is suffering losses in sales and reputation of a company that builds safest cars, but there are many questions to be answered about this whole deal.
Many manufacturers are trying to create the best eco-friendly cars, this is why each auto show is full of hybrids, electric cars, bio-fuel and low emission technologies, and things alike. Fiat is preparing a stand at the 2010 Geneva Auto Show with two eco-projects: the Doblo Natural Power van and Twin-Air two-cylinder engine.
General Motors does not have much luck with the brands it was going to sell. From the very beginning the manufacturer did not have much hope for any future of Pontiac and the brand was completely eliminated. Saturn/Opel had several potential buyers, but the deals were not successful as GM thought, so it still belongs to the American company.