March was the 5th straight month of a SAAR above 15 million vehicles.  Industry analysts have explained the strength of the market in a number of ways. The need to replace older vehicles is one (new car sales were hit hard during the recession as consumers held on to their vehicles for longer. This also caused used car prices to skyrocket, something TTAC has been documenting), while others have cited increasing fleet demand, and the desire to replace vehicles damaged in Hurricane Sandy.

But one factor that is just starting to get attention outside of TTAC is sub-prime financing. Sub-prime lending, which involves giving high-interest loans to customers with poor credit scores, is driving the SAAR in a big way, by letting buyers with poor credit purchase new cars. In turn, the sub-prime bubble is being driven by Wall Street, whose clients cannot get enough of financial instruments backed by sub-prime auto loans.

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The California state DMV is offering motorists the chance to step back in time and order new license plates in historic color combinations.

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Press fleet vehicles are full of little surprises.

A rap CD with a certain word used 200 times in a three minute song.

Then there are the unusual litany of condoms, leftover roaches (the smokable variety), and paternity results that no doubt tell you more about your peers than you ever thought possible.

Finally, there was a trade-in that topped them all. I called it the Thelma and Louise car.

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Once I get to ranting on the subject, I’ll fulminate that the true modern era of the automobile didn’t start until about 1990, when carburetors and points ignitions finally disappeared from new cars sold in the United States. Before and after that point, however, a lot of progress— and backsliding— has taken place in the automotive industry. Which brings up the question: what ten-year period, starting with Karl Benz’s Patent Motorwagen in 1886, saw the most improvement, innovation, whatever you want to call it, in the automotive world? (Read More…)

A weak yen and a slew of new models has Mazda within sight of profitability. With Mazda heavily dependent on exports, the yen’s 16 percent decrease in value relative to the U.S. dollar could not have come at a better time for Mazda, as it readies a whole slate of new products for sale.

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An alert REDDIT reader (manuelv 19) spotted the Seattle Police Museum’s 1970 Plymouth Satellite patrol car responding to calls on the coffee scented streets of dowtown Seattle earlier this week. According to the Seattle Police Museum website, only 53 Special Order Police Satellites were produced in 1970 and 21 of those were purchased by the Seattle Police Department. The cars were mid-size police vehicles and featured the 383 Super Commando engine package complete with 4 bbl carburetors. They were reputed top be quite fast at the time.

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Even though I was just a mere boy growing up during the ‘60’s in SoCal, I have no problem recalling the variety of impressions motor vehicles of all stripes made on me back then. Of course, I was especially into the noisier and flashier examples, be they airplanes, auto, boats, motorcycles, or trucks.

I distinctly recall the “Rambler” nameplate, but not because they were noisy or flashy—nor, did it seem, were their drivers. (There were a few exceptions to this—the most noteworthy being the SC/Rambler, AMX, and first production Javelin.) (Read More…)

In November 2010, the officer was tailing a truck around midnight. He ran a registration check on the vehicle, which listed the truck as red. But this truck was blue… The officer then realized his mistake, but continued with the stop to provide an explanation. He noticed an odor of alcohol, conducted a field sobriety test, and arrested the driver.

In the state of Wisconsin, that’s now good enough.

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Apparently this is a BMW X4, which is an X6-esque version of the not-yet-released 4-Series, which is the coupe version of the 3-Series. I have no idea what’s going on here. This segment is going to be big in the future, it’s an easy way for BMW to make money but I can’t even tell what’s what anymore. And it’s ugly.

Detroit Electric is a startup electric car maker that revives the brand of another startup electric car maker by the name of Detroit Electric. As chronicled by Ronnie Schreiber, Detroit Electric cars were produced by the Anderson Carriage company from 1907 to 1939. They sold thousands of them until they were displaced by a better idea, the internal combustion engine. Yesterday, the new Detroit Electric unveiled its first model, a $135,000, battery-powered sports car.

As reported by Reuters, the Detroit Electric SP:01 is “the world’s fastest pure-electric sports car,” with  a range of  “just under 190 miles” between charges.
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The days of having to wait for a new model to roll out across different regions may be over. Honda is using its regional R&D centers to help speed up introduction times for the next-generation Fit, something that could become the norm over the next few years.

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I recently inherited a Nissan Cube from my brother. When I tell people this, they have two distinct reactions. For anyone who isn’t into cars, it’s: “Your brother died?” Car people, however, usually respond with: “You have a Nissan Cube?” This is the same reaction that non-car people tend to have when I explain my brother did not die, but rather moved to Los Angeles, where his soul will.

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I’d be a day late and a dollar short if I cared about being professional automotive journalist. To wit, we recently discussed how the digitally rendered C7 Stingray droptop Vette’s 5-spoke wheels look like a last-minute “virtual” hackjob for a looming deadline. The nice folks at Corvetteblogger show otherwise during their visit to the New York Auto Show: these hoops made production spinning the wrong way.

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The Chrysler 300 is already equipped with a diesel for world markets, and there’s a possibility we may see an oil-burning 300 on our shores as well.

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