A study by consulting firm McKinsey says that the cost of the lithium-ion batteries used in electric vehicles could tumble by as much as 70 percent by 2025, thanks to a combination of factors.
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We never thought much of De Tomaso’s resurrection. Italian police agrees, thinks De Tomaso’s saviours might be crooks and arrested De Tomaso’s chairman Gian Mario Rossignolo, along with two other men on suspicions of that 7.5 million euros ($9.2 million) of public funds were misused in a failed turnaround plan, Reuters says. (Read More…)
More than 70 percent of Hyundai’s 45,000 strong worker’s guild voted in favor of job actions, including a walkout planned for Friday. The guild is building up towards Hyundai’s first labor strike since 2008, as they seek better wages and reduced hours.
TTAC contributor-by-virtue-of-being-related-to-a-contributor “Bark M.” is in New York this week, without his new Boss 302, and sends this shot taken through the dealership window at Manhattan Jeep-Chrysler-Dodge. (Read More…)
It’s been a long time coming, but PSA has finally done it; the parent company of Peugeot and Citroen is cutting 8,000 jobs and closing an assembly plant outside Paris, as the carmaker tries to cope with a sagging market and excess capacity.
European automakers know that there is only one thing that is worse than Teknikens Värld fabled moose test, and that is failing the moose test and then arguing with the Swedish magazine. Italy-owned Chrysler is getting that education. Not enough that Teknikens Värld found the Jeep Grand Cherokee “lethal in evasive maneuver.”
It now caught Chrysler’s propaganda arm committing a deadly sin in the hoopla business, violating the first commandment of flackery: When you stepped in the shit, don’t walk around the house. (Read More…)
A gentleman named Louis Bird is suing Hyundai because his 2011 Elantra isn’t getting the claimed 40 mpg that Hyundai’s ads apparently tout. Bird is being supported by a group called Consumer Watchdog, and if that rings a bell, maybe it’s because TTAC has dealt with them a few times in the past regarding Hyundai.
LFA carbon fiber body
After a general introduction in the first chapter, the last chapter of this inside report showed us how the body-in-white of the LFA is hand-made layer by layer, and that it is actually a body-in-black. When finished, the body goes on a transfer cart and travels one third of a mile to the second stage of the LFA production, painting and final assembly. We take a bus. (Read More…)
In response to a comment regarding Nissan’s social media plans for product development, and the revival of the B13 Sentra SE-R, I felt that I should share this nugget of gold with any readers adventurous enough to go marauding in Mexico in pursuit of a well-preserved sport compact.
(Read More…)
A few years ago, a wave of internet-fueled utopian ideas were supposed to headline yet another “paradigm shift” (or whatever throwaway bullshit term you wish to substitute) as the Web 2.0 revolution made us all more “open” or “social” or “connected”. Then, most of us woke up and realized that this was all a scheme by a bunch of social maladroits to get rich using our personal data, and we all went back to living our lives.
Even though the Vauxhall Adam is named after its German twin’s founder, the British arm of General Motors felt it necessary to steal the ailing brand’s thunder, and release photos of their new city car – as if stealing production of the Astra wasn’t enough.
Canadian auto-photo-guru Gary Grant reminds his colleagues that
Every now and then, mainstream media types who aren’t used to being around race cars show up to get video of the action as part of the daily local news. If organizers aren’t careful, these folks sometimes put themselves in dangerous places because they just don’t know what dangers exist for them.
Clearly, nobody told this guy that you can’t stand on the edge of the pavement during a drift event. TTAC’s upcoming Genesis R-Spec v. FR-S v. Mazda MX-5 video will, however, have plenty of footage shot by guys who were brave enough to lie down at the apex of Toronto Motorsports Park’s fast corners and let me buzz ’em. The difference? They were facing the action!
A Grand Touring car is— or used to be— a big, fast, luxurious machine made for long drives to high-roller destinations. Once automobile manufacturers figured out that they could stamp out GT badges just as cheaply as Brougham emblems, we started seeing some truly silly GTs on the street. Say, the Hyundai Excel GT. Or the Plymouth Scamp GT, which wasn’t even a car. Even with those examples to choose from, my vote for the most absurd GT has to go to the Pontiac Vibe GT. Do you think a decadent, Quaaludes-and-Chartreuse-addled Italian countess would have driven a grubby little badge-engineered Toyota econobox to Monaco at an average clip of 115 MPH? (Read More…)
BMW did not buy Mitsubishi’s Nedcar plant , a Dutch busmaker did. Mitsubishi today said it signed a principal agreement on the sale of its Dutch Nedcar plant to local bus maker VDL Groep. The busmaker gets a deal: The plant with a book value of 493 million Euro ($605 million) goes for exactly one euro. (Read More…)
Porsche’s soon-to-be 100 percent owner Volkswagen is making money hand over fist. At the same time, the German tax payer is contributing 43.67 million euros to the expansion of Porsche’s plant in Leipzig, Germany, where the new Macan will be made starting in 2014. This has attracted the attention of EU competition regulators. (Read More…)
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