Fisker is at its last gasp. After burning through $1.4 billion, “the company is out of cash,” writes Reuters, “for months, key investors have been footing the car maker’s day-to-day expenses to keep it alive in diminished form.” Reuters has an in-depth report on what went wrong at Fisker. Reuters also has the one sentence version:
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Aside from the great friendships forced via encouraged bribing that naturally occur when like-minded people congregate, the 24 Hours of LeMons is a fantastic opportunity for those wearing a Judge’s robe. Take last month’s race at Eagles Canyon Raceway: when stupid (yet purposeful) things like this Flavor Flav clock on the dash of this Mitsubishi Eclipse arrive, I can’t help feeling like I’m hosting “Pimp My Ride LeMons” edition…
While Xzibit makes hilarious faces/comments as the kids talk about their hooptie’s general crappiness, I just snap a photo and begin judging them…so click the link to see more hilarity. (Read More…)
Interested in seeing some rolling shots of a remarkably decent E-Type, some product placement for the new Acura RLX, and a conversation between comedians? What if we threw in some offensive content?
The New Yorker provides us with a nice history of Chrysler’s postwar luxury ambitions, and examples demonstrating various facets of this history are plentiful in self-service wrecking yards. We’ve seen this ’53, this ’64, this ’82, this ’85, this ’89, this ’90, and this ’92 so far, and today were adding another K-car-based New Yorker to the collection. (Read More…)
(Note: This story is not for the TL;NR crowd. If you need it in one short sentence: If your car company isn’t working on a kit architecture, kiss them good-bye.)
Call it coincidence, but immediately after TTAC flogged GM for having missed the kit architecture train, and for being chained to the antique platform model well into the next decade and possibly beyond, GM launched operation pushback. It could not be tolerated that the supposedly “New GM” was painted as a company with out-of-touch technology, so Selim Bingol rallied his troops.
The first skirmishes were fought by GM partisans dropped behind the lines of the story. Their comments seemingly were taken from a common sheet of talking points:
(This story intentionally appears on a weekend. This type of partisan usually works 9-5.)
Yesterday, we admired this El Camino-ized Geo Metro, which probably got all of you wondering about the badge-engineered Suzuki Cultus that The General sold before the Geo marque existed. Wonder no more— here’s a genuine Chevy Sprint awaiting consumption by The Crusher! (Read More…)
Let’s get one thing sorted. The picture above is not, I repeat not, the wasabi-snorting-485-horsepower-3.7-second-to-60 Juke that Nissan has been teasing. Instead, this is the Nismo treated Juke we saw at the Chicago Auto Show in February. If you’re disappointed, or if the unusual confluence of shapes that is the Juke has made you throw […]
Free trade agreements are great, as long as the trade is really free, and as long as people stick to the agreements. In Korea, foreign automakers and distributors say Korean lawmakers and government agencies try to keep them out. There is talk of “import bashing,” says Reuters.
“Korea is a highly protected market. Despite recent agreements to open up its market, the government is not helping … it’s actually doing its best to keep the barriers in place,” Reuters heard from “a senior global automaker executive.” (Read More…)
I don’t think I’ll ever get used to calling it a “428i xDrive”, but I’m also not buying one. In any case, here it is, the BMW 4-Series, official photos.
Brussels set the German government an ultimatum: Force automakers to use the R1234yf, or we’ll see you in court. Germany has 10 weeks to answer, writes Der Spiegel, before the EU will file charges. (Read More…)
Just as Suzuki prepares to wrap things up in the North American market, their global product line is set to be revamped entirely, with a focus on vehicles like the Nissan Juke.
The video above is the closest we’ll ever have to enjoying a World’s Wildest Police Chases segment featuring the Carbon Motors E7. Somewhat lost in the breaking news of March regarding the bankruptcy of Fisker Automotive and Coda was the demise of the nation’s other other startup vehicle manufacturer, the Carbon Motors Corporation. Although Bertel correctly predicted Carbon’s death shortly after they failed to qualify for a DOE loan last year, the company maintained a brave public face and soldiered on defiantly until the end of March. As late as mid March they were announcing the introduction of two new vehicles: an armored truck called the TX 7 and a skateboard shaped drone called the CT 7. Two weeks later they would be slipping out of their Indiana state taxpayer funded digs without so much as a “Dear John” letter to the desperate Hoosiers who needed the jobs they’d promised
I’d been watching and waiting for an official announcement that the company had liqudated before poking the body with a stick. That moment finally came on June 7 with a Chapter 7 filing in Indianapolis. The bankruptcy filing shows that Carbon Motors had assets of less than $19,000 and outstanding liabilities of over $21 million. It seems that the dream of a purpose-built police car is dead.
It would appear that your humble author has become quite the compact-car reviewer lately, with drives of the 2012 Sentra, 2013 Sentra, Toyota Corolla, Mazda 3s (not reviewed at TTAC), Hyundai Elantra, and Chevy Cruze under my Allen-Edmonds belt. I’ve also driven the current Focus, proclaiming it as the best compact car available, but that […]
In 1973, I had a little hand in launching the Volkswagen Golf. It hit the market in 1974. Today, it hit a new record. I wish I would have received a buck for every Golf sold. I would have $30 million by now. Today, the world’s 30 millionth Golf rolled past “Zählpunkt 8” and off the assembly line in Wolfsburg.
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Most estimates put the market share of manual transmission cars in the United States at less than 10 percent. Whether it’s a lowly Nissan Sentra or the mighty Porsche 911 GT3, it seems that Americans just do not want to drive a three pedal transmission. The die hard manual crowd, as vocal as they may be, can’t seem to get anyone to listen to them, for love or money. If only they knew that just a few hours north of Boston, there existed a land where automotive purity was considered as the full contact lap dance.
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