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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

Best new convertibles for 2024 and 2025

If you’re here, then youÂ’re already in the right mindset. Convertibles rule, and we have all the best convertibles listed for you further below. Driving around with the top off is an experience you need to live to fall in love with. When the weatherÂ’s right, youÂ’re on a proper bit of road, and the car youÂ’re in is a good one, few automotive experiences can top it. The experience is extra special when you have a musical exhaust note filtering directly into your ears and echoing off the landscape around you. And while rolling the windows down and opening a moonroof can get you part of the way there, it's nothing like feeling the wind wash over you with absolutely no roof overhead. The downsides can be just as harsh as the upsides when youÂ’re in the wrong conditions, though. Convertibles are typically worse to live with in cold climates, and driving around with the top up frequently means you might be subject to more road noise and worse visibility than an equivalent coupe. And when it comes to pure performance, convertibles are inherently compromised from a weight and structural rigidity perspective. All that said, we still think the upsides outweigh the compromises if your number one objective is to simply have fun. ItÂ’s a good thing then that there are a ton of great convertibles for sale these days. And no, the list of possibilities isnÂ’t as long as it used to be. Long-running standbys like the Mercedes-Benz E-Class and C-Class Convertibles are gone (replaced by the one CLE-Class). And so are others like the Audi TT Roadster, Fiat 124 Spider and Nissan Z Roadster. Nevertheless, opportunities abound from the ultra-cheap and fun, to physics-defying supercars and everything else in between. WeÂ’ll give you options for which new convertibles we think are the best below, so read on to find out.   Mazda MX-5 Miata Pros: Lightweight and compact; great engine and transmission combo; one of the most raw and pure driving experiences out thereCons: Not great for tall people; infotainment is dated; tiny trunk Read our Mazda MX-5 Miata Review Miata is always the answer, right? In this case, that rings even more true than usual. In fact, you could stop reading this list right here and go buy a Miata and youÂ’d likely be just as happy driving it around as you would be in any of the more expensive offerings that follow. ThatÂ’s just the magic of the MX-5.

BMW Motorad reveals Concept Stunt G 310 in Brazil

BMW has been on a bit of a concept motorcycle bent lately, and each has taken a decidedly different approach from one another. The Motorad division did the Path 22 scrambler concept in June, the Concept 101 custom bagger in May, the Concept Roadster last year, and the Concept 90 retro racer the year before. Now it's at it again with the Concept Stunt G 310. As you might have guessed, the G 310 is a stunt bike. Its compact form is built around a single-cylinder engine canted rearwards with a rotated cylinder head to help optimize the weight balance. The intake was moved forward and the exhaust towards the rear, mounted under the seat, to enable the rider's freedom of movement. It has long travel in the suspension, but still rides on a short wheelbase – perfect for impressing the crowds. To that end, it was designed with collaboration from four-time stunt riding champion Chris Pfeiffer. It's also got a lockable throttle so the rider can take his hands off the controls (not advisable for the rest of us). The beefed-up secondary rear brake can be actuated by a squeeze of the finger. Axle pegs allow for additional foot-placement options, red crash bars protect the mechanical elements, and a specially designed "stunt tail" is milled from solid aluminum and provides an additional foot-hold. The shape is adorned with an eye-catching neon livery designed to give the impression of movement, even when it's sitting still. The bike will be unveiled in Sao Paulo, Brazil, at South America's preeminent motorcycle show. BMW Concept Stunt G 310 – Street. Style. Stunt. 06.10.2015 Munich/Sao Paulo. With the world premiere of the BMW Concept Stunt G 310 at South America's largest motorcycle show, BMW Motorrad is presenting a completely new side: the uncompromising interpretation of an aggressive and agile stunt bike based on a single cylinder study. Thanks to his experience as a four-times World and European stunt riding champion, Chris Pfeiffer, contributed to the realisation of the BMW Concept Stunt 310. "Stunt riding is a demanding and multi-faceted sport. Ideally you need a compact, agile bike which is also stable and robust at the same time. You have to achieve the ideal balance between aggressiveness and control", explains Chris Pfeiffer. Compact proportions, highest-level agility.