Doug DeMuro recently discussed both sides of the “investment car” issue, those cars that may actually appreciate in value and those that probably won’t despite their supposed collector status. The problem with this ad on the Detroit area Craigslist for a 1991 Mercury Capri (that’s the little car that Bob Lutz wanted to be the Ghia Barchetta but ended up being a FWD “sports car” imported from Australia), is that it doesn’t even approach the collector status of the cars on Doug’s “don’t invest” list.
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As predicted by TTAC after Chinese demonstrations against Japan’s control of the Senkaku/Diaoyu islands turned into violence against Japanese cars and car dealerships in China, the matter turned into a severe sales setback for Japanese car companies in China, more severe than initially thought, or hoped. Also as predicted by TTAC, the islands did affect the sales of Japan’s carmakers more than the tsunami. Last Saturday in Shanghai, Toyota’s China chief confirmed that the pain would be felt at least through August. This was before he heard the really bad news. (Read More…)
The American justice system has shown a large degree of overreach in the not so distant past, punishing or shaking down foreign companies for misdeeds performed on foreign soils by foreign perpetrators on foreign victims. This is not a matter of right or wrong. It is a matter of jurisdiction and sovereignty. Enough is enough, says the U.S. Supreme Court and decided to hear Daimler’s appeal against a decision by a San Francisco court that workers or relatives of workers at an Argentina-based plant operated by Mercedes-Benz, a wholly owned subsidiary of Daimler, can sue for alleged human rights abuses performed by Daimler in the 1970s in collusion with Argentina’s then military junta. Daimler had been on the receiving end of judicial overreach in the past. (Read More…)
In the early 1980s, when Japanese car companies started conquering the automotive world, few would have predicted the survival of the British car industry. British Leyland, whose umbrella eventually included most British marques except for tiny specialists like Lotus and TVR, was busy going defunct. In the 1950s and early 1960s, export demand, particularly for sports cars, helped keep British car factories humming. By the 1980s, though, decrepit factories, continual labor unrest, abysmal quality and Lucas electrics made success virtually impossible in the face of the well engineered and reliable new Japanese cars. Now, three decades later, at a time when the continental European automobile industry is plagued by overcapacity and a dormant market (issues with the Euro, Greece and other debtor countries are probably a factor as well), the British automotive sector is in the best shape it’s been in since the 1960s.
At around 2:00 PM on the afternoon of October 6, 1973, more than 200 Soviet built Egyptian aircraft began to assault Israeli air bases and missile emplacements north of the Suez canal and the established line of defense, known as the Bar Lev Line. During the night that followed, Egyptian combat engineers crossed the canal in small boats and used gasoline powered pumps to throw streams of high pressure water against the massive sand wall the Israeli forces had erected at the water’s edge following their 1967 conquest of the Sinai. The water eroded the wall with amazing efficiency and by the next day more than 50,000 Egyptian troops and 400 tanks had made their way across the Suez, through the remains of the Bar Lev line and out onto the Sinai desert where they forced the Israeli military back in disarray. The offensive, known as Operation Badr was the opening of the 1973 Yom Kippur War and it makes interesting reading. The conflict had lasting effects in region and some say that it helped to set the stage for the Camp David Accords and eventually led to the peace treaty that President Carter helped negotiate between Egypt and Israel. The war also had effects closer to home and, thanks in part to the Arab Oil Embargo that was a direct result of America’s support of Israel during the conflict, it led to a new, fuel efficient car appearing in my family’s driveway.
One of the biggest changes implemented by Ford in the post-bailout area is the “One Ford” policy, which calls for an end to regional specialty products. While this has led to Ford’s mainstream lineup moving towards the European Fords that enthusiasts previously longed for, it also means that vehicles like the rear-drive Falcon will get the axe.
The Avalon has been something of a caricature since it wafted on stage in 1994. The stretched Camry was low on soul, devoid of style and soft of spring. In short, it was the Buick that wouldn’t leave you stranded. Since then Toyota has struggled to divine a mission for their full size sedan, a […]
Despite overwhelmingly positive press for the Fiat 500e, the electric Fiat is known to be a bete-noir for Fiat CEO Sergio Marchionne. Speaking at the SAE Congress last week, Marchionne claimed that Fiat loses $10,000 on each 500e, describing it as “masochism”.
Author’s note- In order to protect the privacy of the victims, some names and details have been omitted or changed.
Part One of this story can be found here.
We’re told that the “pony car” era started when the 1964 1/2 Mustang was introduced at the New York World’s Fair on April 17, 1964. Actually, the Plymouth Barracuda beat the Mustang to the market by 16 days, but the Mustang made a huge impression, which is why they’re called pony cars and not fish cars. Ford has already started with their 50th anniversary celebrations, and of course you’ll be able to buy your choice of merchandise with the golden anniversary logo, which uses a version of the font used for the Mustang’s 5.0 liter engine logo. By April 17th of next year you may be sick of hearing about Lee Iacocca’s pride and joy, but in the meantime, please enjoy 49 years of Mustang advertising.
Sometimes Wikipedia cracks me up.
The Toyota Previa… “failed to steal any significant share from the Chrysler minivans due to its high price, odd Asian styling, poor fuel economy, terrible horn, and weak engines.”
Note to Toyota engineers. Work on that horn! The old ones apparently weren’t horny enough.
At the 2013 Shanghai Auto Show, Daimler used the occasion for their smart brand to introduce what they say will be “an extremely limited special edition” street legal production version of the smart fortwo by fashion designer Jeremy Scott known as the smart forjeremy, first shown as a concept at the Los Angeles show late last year. Also at this year’s Shanghai show, Buick introduced their latest Riviera concept, a product of GM’s Chinese design studio. 2013 is the 50th anniversary of the first Riviera, introduced on October 4, 1962 as a 1963 model.
I recently watched a rather disturbing YouTube video. In it, a Toyota Highlander is seen terrorizing a quiet suburb, not unlike a kid with a loud exhaust on his car, or worse: a neighbor who hasn’t mowed his lawn for a few weeks.
And here the part you have been waiting for (especially those of our readers who suffer from Yellow Fever): This year’s round-up of the show’s product specialists. After last year’s excesses at Chinese auto shows, the calls for a more family-oriented posture show disappointing results: This year, the racy part is mostly left to the choice of cars on display. (Read More…)











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