Does retail always give you the best return when it comes to cars? The reflexive answer is ‘yes’. But the real answer is ‘It depends’. I’ve seen cars bought at dealer auctions that don’t have a chance in a felon’s hell of reclaiming their outrageous price. This week there was a Barney inspired purple 1998 Dodge Caravan with 118k that sold for $3000. That one will have to be financed to a hardcore Prince fan with a brood. A little while back I also saw this Farley inspired van go for $5800. That one is still at the dealer’s lot begging for monetary penance. Of course, these two extreme examples are somewhere between a lightning strike and a snow flurry in Atlanta. So what’s the norm? (Read More…)
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TTAC GM Bashing Alert! The following article has been read and reviewed by the TTAC-GM Assault Protective Services Committee and has been found to contain material that may put GM in a negative light. Reader discretion is advised.
Unless the elves are asleep at Google, the odds are good that there will be an ad for the 2010 Chevrolet Equinox immediately to the right of this article. And it will proudly trumpet its 32 mpg EPA highway rating, like every other Equinox ad. From GM’s first gleeful announcement, it was hard to swallow from the that a tall, almost 4,000 lb CUV could actually get 32 mpg on the highway, or 26 mpg combined. It appears others are having the same blockage of the pharynx. Now that there’s a number of reviews out, they all show the same pattern: the Equinox EPA numbers are highly deceptive. But would the EPA ever come down on Government Motors? (Read More…)
GM is spending about $100 million a year adding flex-fuel capability to our vehicles. We can’t afford to leave this capital stranded… I think it would be very helpful if we could get government assistance. But I really want the oil industry, I want the people who are at this conference, I want the government and I want us to just work together to make ethanol a reality,
This was the message the GM’s Tom Stephens took to the Renewable Fuels Association’s National Ethanol Conference in Orlando. And though Stephens’ exhortation of the ethanol industry makes for a pleasant addition to GM’s typical ethanol message (i.e. the first sentence of the quote), it’s little more than filler. GM’s push to align itself with the ethanol industry continues unabated, as Stephens reveals that half of all GM vehicles will be flex-fuel capable by 2012. The problem is that GM reckons the country needs another 10k E85 pumps (up from the current 2k), and since the ethanol industry would effectively collapse without government support, nobody from the industry is jumping in to take responsibility for this self-serving infrastructure project.
We try to cover a lot of the stories in which politics and automobiles intersect, and frankly, most of them are just plain depressing. From biofuel frauds to speed cameras, it seems that motorists as a political class tend to be reactive rather than proactive. Not so in Georgia, where 11Alive reports that a bill is moving through the state legislature that would establish a minimum fine for driving to slow in the passing lane. If there’s a cause that every driver can get behind, this is it. In case you don’t appreciate the depth of annoyance most feel about left-lane bandits, Georgia State Rep. Mark Butler is on hand to explain:
The Lotus Elise has been refreshed for 2011 [via Autocar] to bring it more in line with its new flagship sibling, the Evora. In the process, the Evora’s ability to look more achingly beautiful in person than any photo would lead you to believe may just have been passed along. From these pictures, the Elise does seem to have lost a bit of the je ne sais quoi that put its predecessor on top of my quasi-realistic dream car list, but that’s alright. Even if the new looks don’t improve in person, the used models are more realistically obtainable. Besides, the Evora haunts my dreams more relentlessly than any car has in a while (helped not a little by rave reviews from such trusted sources as Dan Neil and evo Magazine). Don’t you worry about me.
Fiat/Chrysler CEO Sergio Marchionne seems ever more committed to the idea of bringing the Alfa Romeo brand to the United States, telling Automotive News [sub]:
I’m a lot more confident now that Alfa Romeo will reconstitute a product offering that is acceptable globally, and more in particular in the United States and Canada. There is a strong likelihood that the brand will be back here within the next 24 months
The MSM is abuzz with a rash of fresh (well, not really) deaths-by-Toyota. According to an Associated Press report (this one via Twincities.com,) “complaints of deaths connected to sudden acceleration in Toyota vehicles have surged in recent weeks, with the alleged death toll reaching 34 since 2000.” In the past three weeks alone, people told the NHTSA about nine crashes involving 13 alleged deaths between 2005 and 2010 due to accelerator problems. Without the heightened awareness, those people would have passed away unnoticed. Other fatalities loom: (Read More…)
Last November, we reported that Carl-Peter Forster had stepped down as CEO of General Motors Europe, in protest over GM’s interruptus of the Opel/Magna deal. We also reported that Forster may take a job at Tata in India. All in due time … (Read More…)
According to popular wisdom, the flood of recalls will change Toyota and will permanently damage Toyota’s market share in the United States (much like what happened to Mitsubishi and their cover up scandal). But there are some people who believe (like I do) that this is “man bites dog” journalism. That the Toyota recall (whilst serious) is being blown out of proportion. It seems that other people are starting to see it that way.
US Recall News‘ reason for being is recalls. They would be dead without recalls. US Recall News has written an article that says that the real recall bogeyman doesn’t live in Toyota City, but in Detroit. The identity of the true bogeyman’s name may surprise some. (Read More…)
Europe’s ACEA, the Association des Constructeurs Européens d’Automobiles, better known as the European Automobile Manufacturers Association, has finally gotten around to tallying new car sales in Europe for the month of January. Europe as defined by the ACEA consists of the EU states, plus the three EFTA holdouts, Iceland, Norway and Switzerland.
First, the good news: January new passenger car registrations in Europe increased by 12.9 percent. With the exception of Germany (-4.3 percent,) the larger markets are all sputtering along nicely: France (+14.3 percent), Spain (+18.1 percent), the UK (+29.8 percent) and Italy (+30.2 percent). In total, 1,058,868 new cars were registered in Europe.
On the market share front, the Volkswagen Group maintains to be the king of the European hill with a 20.6 percent share. Next up are PSA (14 percent) and Renault (10.7 percent). The French are getting frisky: Renault added an impressive 3.1 percent to its January market share, PSA 0.6 percent. Now for the bad news: (Read More…)
Zing! That word encapsulates the RX-7. The only vocabulary the little coffee-can rotary had was zing! (snick) zing! (snick) and zing again! Sooner rather than later, it zinged you for a couple of Gs when its rotor seals gave up the zing! But that didn’t come as a surprise, and it never zinged you for anything else. That is, unless you got a little too frisky in certain corners, and the live rear axle might toss you a nasty little over-zing. As long as you could live on a torque-free diet, the RX-7 was one of the best friends an enthusiast driver could hope for in its day. And there are still loyal devotees of Zing-Buddhism today. (Read More…)
We get a lot of mail here at TTAC, and we do make an effort to get to as much of it as we can. For example, reader kevin recently wrote in to say how much he enjoyed our past market share breakdowns, and asked us to publish a chart for December 2009. Because he asked so nicely (and succinctly), his wish has come true in the form of this chart. If you have questions, comments or requests for TTAC’s staff, just drop us a line at our contact form. If you’ve already tried contacting us with something important and haven’t heard back (yes, these things do happen), just send us one more email before you give up. We always appreciate the interest, we just don’t always have time to tame the raging inbox. Meanwhile, is Chrysler really two percentage points behind Honda already?
This Legacy wagon is ready for snow (how do they do that?), if only there were any, here or in Vancouver. While the East is inundated, we’ve had the warmest January on record, and Stephanie is out planting in the garden. But its good to be ready, even for the unexpected: (Read More…)
Peugeot are going through a bit of a turbulent phase at the moment. They announced a loss of £1.02bn for 2009 (which was curbed by “Bangers for Cash”) and shareholders are pressuring management for more growth. So, Peugeot are revamping their line up, starting with the 407. The 407 was a bit bland and really only existed to sell to fleets, so PSA are going to give it a new lease of life…..by killing it. Car Magazine reports that the Peugeot 407 is going to be retired and replaced with the 508. The 508 will be showcased at the 2010 Geneva motor show. The car is still in concept phase, but is strongly suggesting that the design of the concept car will be spread across all ranges.
“The American people are willing to forgive and forget, but they would like a little gift,” AutoNation CEO Mike Jackson tells Toyota [via USAToday]. Toyota’s answer (other than possible warranty extensions): a nice, dull little facelift for a nice, dull little cute ute. Meanwhile, Toyota’s US dealers are not thrilled with the state of affairs, gifting Automotive News [sub] such saucy quotes as:
Dealers will be talking [at the NADA convention] about how this will affect their investments as a dealer. You bet I am questioning my investment. I think they have handled this poorly.
And that was the quote that didn’t feature expletives! Will the softroader update (shown here in European spec) tame the angry beast that is Toyota’s dealer network? Given that it’s only being shown in Europe until “later this year,” the answer seems to be “not for now.”














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