Thomas Choi, an analyst for Samsung Securities, estimates that world auto manufacturing capacity now is 40% more than demand.
The world auto market is actually doing okay, except for Europe.
Nor do I see this as the end of the world for auto suppliers.
The auto world has descended on the Shanghai Auto Show this week.
Around the world, auto factories are considered an economic development prize not only because the factories themselves usually employ more than 1, 000 workers at good wages, but because they attract auto-component factories to build nearby, generating thousands more jobs.
The problem extends beyond Brazil, with economic forecasts showing the majority of global growth in auto sales taking place in emerging-market nations as the world's auto fleet doubles to 1.5 billion by 2020.
That is encouraging the world's auto makers to continue cruising in the fast lane.
Are there other names we should watch out for in the auto world?
And that they'll be free to make a series of decisions as a new car company in a new auto world.
There are plenty of concerns around the world that the auto market may be peaking, as I wrote for Forbes recently.
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Who are these relatively little-known tycoons of the auto world in China?
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Flush with cash from its then- booming memory chip business, Samsung enlisted Nissan in 1994 to build a world-class auto business from scratch.
Driven to a deal Last year we predicted that Volvo would buck the auto world's recent merger trend and remain independent (Aug. 10, 1998).
The refreshed Panamera celebrates its world debut at Auto China in Shanghai, which opens on April 21, where further details on the new models will be revealed.
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Designers and CEOs of the world's largest auto companies surrounded the vehicle, admiring its muscular lines.
Chief executives and designers of the world's largest auto companies surrounded the vehicle, admiring its muscular lines.
At first glance, this seems little more than a function of China becoming the world's largest auto market.
And now a bit of good news for the struggling General Motors corporation, the world's largest auto maker.
The shutdowns mean 40, 000 vehicles won't be produced, said a spokesman for the world's biggest auto maker by sales.
Reaction now to yesterday's extraordinary move by the world's largest auto maker, GM.
Pulling apart two of the world's top auto manufacturers half a decade after they've merged sounds like an impossible undertaking.
Unless Walker fouls up, Magna's future seems assured in a world where the vast auto business is undergoing a radical transformation.
Even Toyota Motor (nyse: TM - news - people )--which is seen as the auto-world's success story--has sunk 18.3%.
Even Toyota Motor--which is seen as the auto-world's success story--has sunk 18.3%.
GM, on the other hand, sees an opening to sprint ahead of Toyota, which recently surpassed GM as the world's biggest auto seller.
Alongside the yen's recent weakening, the renewed momentum in the world's biggest auto market could help to pull Japan's auto industry out of years of doldrums.
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Hong Kong (CNN) -- Japan's Toyota Motors has revved ahead of U.S.-based General Motors in 2012 to reclaim the title of world's biggest auto manufacturer.
It's hard to imagine how the sprawling world of Grand Theft Auto IV--which already taxes the multicore processors powering the XBox and Playstation--could be recreated on the Wii.
Here we have today standing behind me, along with Ron Gettlefinger and leadership of the UAW, we have 10 of the world's largest auto manufacturers, we have environmental advocates, as well as elected officials from all across the country.
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Jeep and Aston Martin are among many foreign automakers hoping to woo hundreds of thousands of Chinese consumers visiting the show this week, especially as China has become the world's largest auto market amid a sales slump in Europe and tepid growth in the United States.
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