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China's largest dealer body pushes back against foreign automakers over huge inventories

Do not think for a second that automakers forcing inventory on dealers in order to pad the numbers is a ruse known only in the US. Stories of individual brands have hinted at the trouble Chinese dealerships are having trying to move units as the country's economic growth remains hot but comes off the boil, like the one revealing that 95 percent of Toyota-FAW showrooms are losing money. Yet Toyota isn't the only culprit, and the issue has become so dire that the China Automobile Dealers Association (CADA), the largest dealer body in the country, has written to the government to complain. Chinese car sales are expected to close out the year with an annualized growth of six-percent, down from last year's 14 percent when targets were set, while in the background the pace of overall economic expansion is the slowest its been since the early nineties. Automakers, shipping cars on schedule to make their earlier targets, have blown up inventories such that they are an average of 1.8 times monthly sales, when the preferred multiplier is from 0.9 to 1.2. According to the CADA, the price wars and necessary incentives mean that only 30 percent of dealers are operating in the black. That number is down a whopping forty percent since 2010. In response, Toyota has already said it will not make its 2014 target of 1.1 million cars sold. We're a long way from 2012, when Toyota planned on selling 1.8 million cars in China in 2015, a target that's now as realistic as a manticore. BMW, Honda and Nissan have erased numbers on their spreadsheets, too; BMW growth dropped from 20 percent to 8 percent midyear after it began "reducing wholesale supplies," and Honda has been reworking its plans as sales have decreased each of the past six months. It's a big deal for Chinese dealers to begin protesting publicly, the CADA saying, "In the past, dealers were angry, but dared not speak out. But now, they have to shout because the situation is getting so unbearable." With six-percent growth forecast for next year and dealers unwilling to remain underwater, The Year of the Sheep coming in 2015 could portend meaning beyond the zodiac. News Source: ReutersImage Credit: AP Photo/Andy Wong BMW Honda Nissan Toyota Car Buying Car Dealers

Honda next to open museum to Google Street View

Had your fill of tooling around the Lamborghini Museum on Google Street View? Maybe Italian supercars aren't your thing? Then we've got good news, because The House That Ferruccio Built isn't the only automotive museum in cyberspace: now the Honda Collection Hall has opened its doors to the crew from Mountain View, too.
The Honda Collection Hall, for those who haven't made it out to Japan's Tochigi Prefecture, is a grand three-story museum dedicated to all things Honda. It's located at the Twin Ring Motegi, and has been open since 1998. Inside visitors will find everything from robots and scooters to SUVs and racing cars. But if you can't make it there in person, you can check out all three levels of floorspace on Street View right from the comfort of your home. Check out the images above and the interactive map below.

Honda Odyssey hybrid under consideration in Japan, but not US

"Over time you can expect to see broader application of our two motor hybrid system" - Sage Marie The idea of a hybrid minivan is not new, at least in Japan. Toyota sells the Estima - the world's first hybrid minivan, it has been available since 2001 - and the Aphard hybrids there. The US is not immune to the dream - in 2011, Chrysler said it was going to make a hybrid minivan in 2013 (didn't happen) - but there has never been a gas-electric minivan sold from a major automaker in the US. And, despite new rumors of a Honda Odyssey hybrid for Japan, the chances that the US will get one in the near future remain roughly at zero. A new report says Honda is considering a hybrid version of the fifth-generation Odyssey in Japan, and such a gas-electric powertrain could reduce fuel use by up to 50 percent. Honda powertrain assistant large project leader Takashi Shinchi told CarAdvice that the hybrid (not a plug-in version) is "under consideration," given the hybrid minivan competition in Japan. Such consideration is not happening in the US, at least not in any serious way. Sage Marie, senior manager of public relations for Honda North America, told AutoblogGreen, "The only thing the Japanese Odyssey and the US Odyssey have in common is the name. There are no current plans for a US Odyssey hybrid, but I will tell you that over time you can expect to see broader application of our industry-leading two motor hybrid system." The standard, gas-powered 2014 Odyssey gets 22 miles per gallon, combined (19 city and 28 highway). Featured Gallery 2011 Honda Odyssey: Review View 35 Photos News Source: CarAdvice, HondaImage Credit: Copyright 2014 Steven Ewing / AOL Green Honda Hybrid JDM hybrid minivan honda odyssey hybrid