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Toyota will drop the Matrix hatchback for 2014, leaving them without a compact hatchback. The Matrix, jointly developed with General Motors, never set the world on fire, and Toyota didn’t even break out its sales figures from the Corolla, making it tough to gauge its popularity. Perhaps we’ll get the much more attractive Corolla hatchback in the future.
A few days ago I breathlessly described the highlights of old Porsche ownership – the immersive driving experience, the camaraderie among like-minded enthusiasts, and the opportunity to meet people through sharing the fun with others. In a cliffhanger, I also hinted that there were some downsides to driving that type of car everyday… of course it’s not always halcyon days of empty roads and spirited drives. I made that intimation for two reasons: Sometimes the car can grate on the nerves of even its biggest apologist, whereas the remainder of the time it’s broken, with that same apologist’s wallet in peril.
Walt writes:
Mr. Mehta,
I am seriously considering purchasing a 1965 Mustang Fastback from a private seller on craigslist. He owes $3000 on the vehicle. I myself will have to take out a loan to pay for said car. The title to the car is held by the same institution that will be lending me the money. The situation is somewhat further complicated because this institution has no local branches to sit down with a representative and the current payer on the car to do the necessary paperwork. Compounding the issue is the fact that I live in a different state, 200 miles from the car’s location. (Read More…)
China Imports Fewer Cars, Government Threatens Investigation of Foreign Luxury Brands “Profiteering”
Automotive imports to China were down 11% in the first six months of 2013, to 526,000 cars, according to China’s largest import dealer group. That wasn’t the only bad news luxury car importers got.
I was recently driving down a street in my neighborhood and I saw, parked on the street, like everything was completely normal, a late-model Ford F-150 painted bright yellow. Bright. Yellow.
This is a nice piece from the recent Mid-Ohio TV coverage that shows the track nicely enough and also shows the new NSX darting around an Accord Coupe. I’m trying very hard to get excited about the new NSX, so far completely without success. But maybe if I see it drive around enough I’ll come to love that anodyne shape and non-Viper-ish approach to supercar performance.
Other than the AC/Shelby Cobra, which has been ineptly reproduced in horrifying bulk by various people up to and including Carroll Shelby, and Bentley, which for the past decade has been the unwitting target of a sustained global counterfeiting operation in which Volkswagen Phaetons are refitted with welded-up pairs of turbochaged VR6es and cross-eyed Kia Amanti front ends to make so-called “Flying Spurs”, no major automaker has been the subject of so much fakery as Ferrari. It’s not always as simple as Mister Twos pretending to be 360 Spyders. Some of the most controversial “fake Ferraris” started their lives as real Ferraris.
Now, a prominent Ferrari broker (and faker) says that the company is taking steps to prevent the sale of fake Ferraris, even (or perhaps especially) ones that originally hail from Maranello.
General Motors announced that the 2014 edition of the Chevy Volt will start rolling off the assembly line at GM’s Detroit-Hamtramck assembly plant today. They also announced that when those new Volts arrive at dealers in a few weeks they’ll be $5,000 cheaper than the 2013 model. The move is in response to price cuts and lease deals on competitors’ EVs. After Nissan cut the price of the Leaf by $6,400 in January, its sales are up 300% from last year for the first half of 2013, just barely outselling the Volt. In July, Ford lowered the price of the Focus Electric by $4,000 and the recently launched Fiat 500e and Chevrolet Spark EV are offering $199/month leases.
In July 2013, America’s three favorite midsize cars combined to sell an extra 10,667 copies than they did a year ago.
Collectively, the best-selling Toyota Camry, second-ranked Honda Accord, and third-ranked Nissan Altima were up 12.5% in July. Midsize cars, as we understand them here, rose 3.4%. The U.S. auto industry reported an overall volume increase of 13.9%.
The AMC Spirit-based ’82 Eagle SX/4 Junkyard Find that we admired last week was an interesting car, but it was pretty well picked over and started its junkyard career as a basket case. In the very same Denver junkyard, however, sits this much nicer and more complete ’79 Spirit DL. It was so nice, in fact, that I had to buy some parts from it! (Read More…)
My last Rental Review re-ignited one of TTAC’s “third rail” debates, that of compact pickups versus their full-size brethren. For the uninitiated, this topic is only slightly less contentious than discussing the merits of Roe v. Wade on a 1970’s college campus. User krhodes1 commented that when it comes to small trucks versus an equivalently […]
TTAC commentator Darth Lefty writes:
Sajeev,
I was looking at a new Fusion in the company parking lot and noticed how its center brake light (CHMSL) is basically a very thin flap jutting out of the top of the window. Subtle… The center brake light is always like this. We are right now in a golden age of headlight and tail light design. The complex shapes and chrome and LED’s and rocket thrusters dominate the style of a car. But the center light gets none of this. (Read More…)
Neighborhood EV startup GreenTech Automotive and it’s sister company, Gulf Coast Funds Management, which are the subjects of a Securities and Exchange Commission investigation into how they solicited foreign investors seeking EB-5 visas, are also at the heart of a Department of Homeland Security Inspector General’s investigation of U.S. Citizenship and Immigration Services (USCIS) Director Alejandro Mayorkas. The USCIS-IG is examining Mayrokas’ role in helping those firms secure a job-creating investor’s visa for a Chinese executive. Mayorkas has been nominated by Pres. Obama for the number two position at DHS and would be acting director until the president names Janet Napolitano’s replacement as secretary of Homeland Security. GreenTech/Gulf Coast has been the largest beneficiary of the EB-5 program since 2009, with almost 100 approved and more pending. (Read More…)
Back in April, we reported on relatively high incentives for the Cadillac ATS, which were discovered in the midst of some fact-checking on a blatant puff piece on the brand by Bloomberg. Months later, none other than Automotive News has caught on, with their own story about the baby Cadillac’s high pricing and the resulting incentives being offered.











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