Bloomberg seems to think GM is heading back towards bad habits, reporting
General Motors Co. is offering to waive the last three payments on existing leases if holders buy a new car, adding an incentive onto deals that last month exceeded offers made by rivals.
The promotion began this month and is valid on most models with leases that expire between now and Aug. 31, according to the company. GM raised incentive spending in January by 16 percent to an average of $3,663 per vehicle, the highest among major carmakers, according to researcher Autodata Corp. GM sales outpaced the industry that month.
GM said in a video presentation for its initial public offering in November that it intended to offer fewer incentives that crimped margins and created an impression that price was the main selling point for GM vehicles. Early-return leasing deals may conflict with the that pledge, said Jessica Caldwell, an analyst at Edmunds.com.
“I hope they’re not walking down that road,” said Caldwell….
Given GM’s decision to release less incentives data, the signs do seem to be piling up. But, says Chevy marketing VP Rick Scheidt
I am not seeing any internal behavior that suggests we have gone back to old ways. It’s still way too close to the bankruptcy for us to be sliding back into bad habits. We know everybody’s watching.
Ever since Mercedes released its CLK back in 1996, Mercedes has offered one premium coupe slotted between its E and C-Class sedans. Sure, it offered the unloved C-Class Sportcoupe (aka CLC) for a few years in the US as an attempt at an entry-level Mercedes, but nobody really seemed to notice. Otherwise, between there and the none-too-cheap CL, Mercedes offered one coupe, known as the CLK (not counting the CLS “four door coupe”). Now, however, Mercedes has moved in a new direction, offering an “E-Class Coupe” and a “C-Class Coupe,” the latter of which will debut shortly at the Geneva Auto Show. The strange part: they’re both built on the C-Class platform. Mercedes, it seems, has learned an important lesson: when it comes to selling cars, it’s what’s on the outside that counts.
Via the excellent lawbloggers at The Volokh Conspiracy comes news of a decision by a California appellate court in re: State vs Xinos which finds that the data recorded by a vehicle’s Event Data Recorder or “black box” is protected by the fourth amendment. The ruling covered a case in which police used EDR data to charge the driver in a fatal crash of vehicular manslaughter, and under appeal, the ruling was handed down that
We do not accept the Attorney General’s argument that defendant had no reasonable expectation of privacy in the data contained in his vehicle’s SDM. The precision data recorded by the SDM was generated by his own vehicle for its systems operations. While a person’s driving on public roads is observable, that highly precise, digital data is not being exposed to public view or being conveyed to anyone else. . . . We conclude that a motorist’s subjective and reasonable expectation of privacy with regard to her or his own vehicle encompasses the digital data held in the vehicle’s SDM.
And, according to Volokh
the computer data is in the car, not outside the car, so the legal standard that governs access to the data probable cause but not a warrant
Given trends towards ever more storage of vehicle telemetry data, this is a heartening development for motorists and privacy activists… but don’t be surprised if the issue ends up in the Supreme Court. [Hat Tip: TTAC commenter fincar]
Dealers will add Range Rover branding to their towers. the issue is in flux right now.
They will? This decision forces the question: what differentiates a Land Rover from a Range Rover?
Land Rover is more utilitarian, Range Rover is the top end of luxury. You don’t lose any capability with the Range Rover, but the Evoque especially is about unabashed on-road and urban driving.
There you have it. Certainly, “Land Rover Range Rover Sport” is an awkward formulation, but is “Range Rover Range Rover Sport” really any better? Is JLR making a worthwhile distinction between brands, or is it simply adding to America’s auto brand clutter?
Range Rover is apparently fairly serious about moving upmarket as Autocar reports it is about to announce a $200k+ “Ultimate” special edition. Plus, a new aluminum-platformed Range Rover is under development which will reportedly lose nearly one thousand pounds compared to the current model. More legroom and an interior featuring “the kind of lavish materials and design typified by Bentley” are said to be on tap for the new model. In short, it wounds like Range Rover is definitely headed upmarket… but where does that leave the Land Rover models?
While EVs are slowly, very slowly – catching on would be exaggerated, people are starting to think about the finer points. For instance: Electric vehicles and plug-in hybrids are powered by high-voltage batteries of up to 400 volts, possibly more. What happens if one crashes and first responders have to attack the vehicle with power cutters? Will the responder die from electrical shock? This is a hot topic amongst first responders, right up there with dealing with explosive airbags, belt tensioners and other surprises. (Read More…)
Normally, I don’t consider parking-lot photos for variations of the “interesting car parked in public” schtick, but this Caprice is special: it parks in a train-station parking lot in the roughest neighborhood in East Oakland. Every day. (Read More…)
Yes, and yes, says a study of the Resources for the Future (RFF) institute. The Washington think tank’s study examined “the unexplored link between the prevalence of overweight and obesity and vehicle demand” for bigger and more gas guzzling cars.
RFF brands itself as a “nonpartisan organization that conducts independent research.” Their study found “that the prevalence of overweight and obesity has a sizable effect on the fuel economy of new vehicles demanded. A 10 percentage point increase in the rate of overweight and obesity among the population reduces the average miles per gallon (MPG) of new vehicles demanded by 2.5 percent, an effect that requires a 30 cent increase in gasoline prices to counteract.” Basically what they are saying: Fat people choose fat cars. More fat people, more fat cars.
Shame on you if your belly keeps you from reading the numbers on the bathroom scale, you are driving up the cost of our gas, fatso. If you would eat less, we would pay less. If the study is correct. (Read More…)
While I do think that the early 1990s produced some great cars, the US government-mandated automatically-deployed shoulder belts of the era (for vehicles without then-optional airbags) were utterly maddening. When the mechanisms went bad— as they often did— you had no shoulder belt or, perhaps even worse, a belt that deployed and retracted constantly during a drive; I experienced this once in a Mazda 323 and was hoping for a quick, painless nuclear war to remove me from the planet by the end of the drive. However, the American driving public had become mostly pro-seat-belt by that time, what with the debunking of the “you want to be thrown clear from the wreck” myth, and public outcry over automatic belts was limited to some minor grumbling. This was most definitely not in 1974, when all new cars and light trucks sold in the United States featured DOT-mandated interlocks that prevented engine starting unless driver and front-passenger belts were fastened; widespread outrage blowtorched the ears off of every congressman in the country, and the House killed the starter-interlock requirement late in the year. (Read More…)
Though the the impact of nationality on the auto industry may be fading, the issue couldn’t be more central for Sergio Marchionne and his Fiat-Chrysler Empire. Having accepted aid from both the Italian and American governments, the future merging of Fiat and Chrysler raises a delicate question: will a merged Fiat/Chrysler be an Italian or American firm? When Marchionne suggested that the Fiat-Chrysler alliance could be headquartered in Detroit, Italy erupted in recriminations. The Italian government called Marchionne onto the carpet to explain himself, even as critics lashed out saying
The government is moving too late, but better late than never. Marchionne is more oriented strategically toward the U.S. than Europe
And sure enough: Fiat restated its commitment to investing some $27b into Italian production, but as AFP reports
the question of whether Fiat would remain based in its birthplace of Turin remained unclear, with local officials saying it had been put off for three years and would depend on the company’s performance.
But, while American and Italian stakeholders bicker over the “national character” of a merged Fiat-Chrysler, the proposal establishing four headquarters in Turin, Detroit, Brazil and “somewhere in Asia” points to the real issue: Fiat-Chrysler must orient itself around its markets, not any national corporate character. The longer the divide between Italy and the US is played up, the more Fiat-Chrysler runs the risk of developing a dysfunctional corporate culture like the DaimlerChrysler “marriage of equals.” It’s just too bad that, by tying itself up with the governments of the USA and Italy, Fiat allows the “national character” question to take such prominence.
In the brouhaha over Ferrari’s alleged trademark violation, Ferrari did the smart thing and surrendered. Ferrari withdrew the “F150” name for its new Formula One race car. Ford had brought suit in federal court, alleging that “Ferrari has misappropriated the F-150 trademark in naming its new racing vehicle the ‘F150′ in order to capitalize on and profit from the substantial goodwill that Ford has developed in the F-150 trademark.” (Read More…)
The attentive reader of TTAC is not surprised by the news provided by Automobilwoche [sub] that Toyota will introduce a plug-in version of its iQ by 2012. It had been on Toyota’s green roadmap for months. The (not really) surprising news is: You won’t be able to buy the EV iQ when it gets launched. (Read More…)
As reported here, GM’s and Volkswagen’s Chinese partner SAIC will halt the trading of its shares on Monday in anticipation of a major plan. The plan doesn’t appear to be fully hatched: According to People’s Daily, “SAIC will make an announcement on the plan in five trading days.”
But what’s that secret plan? Speculations by our commenters range from buying more of GM to buying Saab. One of the Best & Brightest appears to be close to the truth – as far as we can fathom at this point. (Read More…)
Every time I see an early NSX— which, sadly, isn’t often— it reinforces my belief that the early 1990s were a golden age for the automobile. You had decent electronic engine controls instead of carburetors (and primitive might-as-well-be-carburetors 80s EFI), model bloat hadn’t gotten totally out of hand, and the SUV revolution hadn’t yet caused cup holders and other McMansion-esque gear to metastasize from every interior surface of every vehicle. Sure, we’re now living in the Golden Age Of Engines— there’s no arguing with the horsepower and efficiency numbers we’re seeing from internal combustion these days— but I’ll take the early 1990s. And the NSX. (Read More…)
Luxury means many things to many people, but nobody doubts luxury cars should be crammed full of the latest technology… and what says “technology” in today’s car market quite like “Hybrid”? In a strange inversion of history, Lexus created the world’s first hybrid luxury flagship from a vehicle that was clearly inspired by the Mercedes […]
God, I hope you can help me out with this one. I’m not much of a writer so I’ll skip to the relevant points:
1. I have a 1993 Chevy S-10 with ~100k miles that I paid about $1500 for. I just found out it needs $2000 in transmission/brake work (it also needs a new muffler at some point, but that’s not urgent). Many are urging me not to put money into the Chevy, but use my $3000-ish in savings to buy something else. I’ve always had terrible luck with beaters– I’m on car #8 at 22 years old– and I am very reluctant to buy another collection of unknown mechanical problems. Apart from the work needed, the truck is otherwise in pretty good shape.
2. I’m a student by night and an office worker by day, live in Orange County, so there are no real weather or space considerations. I just need a commuter car that *works* and possibly has some hint of style or sportiness.
3. My credit is absolute shit. As far as I know, my score is around 610 currently. I know that the credit markets have supposedly thawed somewhat, and if I were to use the money as a down payment I could hopefully swing a loan for a car in the $10k-13k range.
Right now I’m leaning towards a Miata on the beater side, financing something in the $10k range such as a used Mazda 6 or Fusion, or stretching things and getting a new Kia Soul around $13k-14k. Alternatively, I could spend the money on the truck and hope that engine problems don’t develop anytime soon.
Thoughts? Saving up more money isn’t really an option since without the transmission work the car doesn’t really have much longer. Thanks for any advice!
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