The Republican Party — both halves, presumably — are doing for Uber what they’ve done with Tesla by throwing its support for the way the ridesharing service is disrupting the status quo of ferrying passengers to and fro.
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When Delphi emerged from a long, drawn-out bankruptcy in 2009, the Federal Government’s Pension Benefit Guaranty Corp assumed a six billion dollar liability in underfunded pension plans. As a consequence, many Delphi salaried employees have lost the majority of their pensions. But when Delphi Automotive incorporated after the bankruptcy, that incorporation took place in the United Kingdom.
Now the IRS is actively pursuing claims against Delphi for tax liabilities — but “new Delphi” would rather pay taxes to our former colonial masters.
On a percentage scale, through the first seven months of 2014, the only auto brand improving its year-over-year U.S. sales tally more proficiently than Jeep is Maserati. In other words, Jeep is the fastest-growing volume auto brand in America in 2014.
Based on pure volume gains, no auto brand, certainly not Maserati, has improved on its seven-month 2013 sales total as successfully as Jeep has, with 120,708 extra sales over the last seven months. (Read More…)
TTAC commentator Land Ark writes:
Sajeev:
I recently acquired a 2007 Honda Civic EX sedan from a neighbor who moved out of the country. I got a really good deal on it and for the most part it’s in good shape. It has 80k miles, 5 speed, and one major flaw. The air conditioning is a little bi-polar; sometimes if blows cold and sometimes not. (Read More…)
If you could afford just about any sports car short of the exotics, why would you restore a more than 20 year old front engined four cylinder Porsche? That was the question that I asked orthopaedic surgeon Miles Singer, who completely rebuilt his Porsche 968. Miles is good at rebuilding things. I first got to know him through his wife, Debbie, a razor sharp PhD chemical engineer with whom I worked at DuPont. One day in 2001, while commuting to work on my bicycle, I entered a crosswalk on a very stale signal. The guy in the Infiniti SUV sitting next to the Airborne delivery truck in the curb lane didn’t see me till I popped out in front of him just after his light turned green. I actually saw the bumper hit my left knee. The next thing I knew, I was sitting on the ground and my lower left leg was at a funny angle to my thigh. (Read More…)
The next time you visit a Chevrolet or GMC showroom to check out a full-size or mid-size pickup, you may find the truck’s curb weight to be heavier than once advertised. That’s because General Motors has decided it will no longer remove items to make payload.
Back in May, we reported on the rather fat inventory levels of Cadillac’s products, examining through the context of the one product with less than 100 days of supply – the SRX crossover. A few months later, dealers are tight on the newly redesigned Escalade, but the inventory picture for Cadillac’s car lineup hasn’t gotten much better.
Do you live in New Jersey, but travel around states where a traffic enforcement camera could ruin your day? You may soon be able to put that fear aside, thanks to a new bipartisan bill going through the state’s legislature.
If any of you were hoping for a small crossover underneath the Subaru XV Crosstrek, you may breath now. The Pleiades-bedecked automaker has no plans for such a thing, as it has its sights on the Mulsanne Straight.
The way the story goes, the idea for General Motors’ Parade of Progress sprang from the mind of Charles Kettering, GM’s vice president for research and the inventor of the first practical electric self starter for automobiles, as he walked through GM’s exhibit at the 1933 Century of Progress world’s fair in Chicago. Looking at the demonstrations of the science and technology used in his company, he thought, why not put the show on the road and take the displays to towns across America? (Read More…)
It’s difficult to possess anything other than low U.S. sales expectations for GM’s new pickup trucks, the Chevrolet Colorado and GMC Canyon, even before you know the exact prices, or the prices people actually pay for new Silverados.
Toyota Tacoma volume, prior to this year, was perking up, but not nearly to the level it was at in 2006. Similar statements can be made regarding the Nissan Frontier and Honda Ridgeline. Numerous other pickup trucks have disappeared, and remaining competitors haven’t been able to take advantage of those disappearances.
Following GM Financial’s subpoena from the Department of Justice, Santander Consumer said that it had received a subpoena as well related to
“production of documents and communications that, among other things relate to the underwriting and securitization of nonprime auto loans since 2007,”
By sports car standards, Jaguar is selling a lot of F-Types. By Jaguar standards, Jaguar is selling a lot of F-Types.
But Jaguar USA isn’t doing so much with the selling of its other cars.
Toyota is not going to be expanding any plants in the United States, even as they are forced to absorb further production of the Toyota Camry as their assembly deal with Subaru winds down.
It’s always nice when you come across an answer that addresses a question that you’ve wondered about? When I saw that Vox, a relatively new site that says it has “the smartest thinkers, the toughest questions” to “explain” our confusing world to us, was running a post on which uses less fuel, running the A/C or opening the windows, I figured I could put the question to bed. While I did find out about the windows down vs air conditioning thing, I also found out that the smart thinkers over at Vox may not be as smart as they think they are. (Read More…)
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