As the U.S. auto industry’s sales volume grew by more than 5 percent to 1.5 million units in July 2015, General Motors increased its July market share from 17.8 percent in 2014 to 18.0 percent in July 2015. GM says their retail sales jumped 14% last month. Total GM sales were up 6%.
Toyota Motor Sales saw their share of the U.S. market fall from 15 percent in July 2014 to 14.4 percent in July 2015 even as their premium Lexus division ended the month with more sales than BMW or Mercedes-Benz. (Read More…)
I suspect there’s more than a handful of Transportation Design students finding employment in the toy business and I know my fellow design classmates at CCS collected diecast model cars. They’re inspirational, personally helping me render light/shadow reflections on the vellum.
Visits to (Pasteiner’s) Auto Zone happened regularly, sometimes with the same higher regard than local religious institutions. So spare me, oh mighty autoblogosphere, from the manufactured excitement of Lego’s F40 kit.
At one point few vehicles epitomized the American family car as the station wagon, particularly of the fullsize variety. Today, most car companies are pretty much convinced that American consumers will not buy station wagons. A few of the European luxury brands offer them here, but for the most part wagons are not welcome in the contemporary automotive scene in the U.S. According to Pete Bigelow of AOL Autos, the fault for that lies with the vehicular star of 1983’s “National Lampoon’s Vacation” — the Wagon Queen Family Truckster, a hideous pastiche of just about every bad malaise era styling trend appliqued over a Ford LTD Country Squire.
Topped only by FIFA, the two next-least trustworthy international sports associations have joined forces today to speculate that we could see Formula E cars race through Tokyo streets for the glory of games and country in 2020, according to F1Insider (via Road & Track).
The original report, which was written in German, says FIA executives pitched the idea to Olympic organizers and offered the Formula E cars for competition.
Canadian driver Jacques Villeneuve said he would “definitely” participate and added that 30 years ago tennis wasn’t part of the Olympic program, but now it’s a staple.
According to Lotus CEO Jean-Marc Gales, the next-generation lightweight Lotus two-seater sports car has a future in the United States around 2020 — that is, if Lotus is still around then.
The chief executive spoke to Automotive News and said the Elise could be adapted to the U.S. market’s famously fussy safety regulations, which eventually killed the current-generation Elise in 2011 in the States.
This isn’t the first time Lotus has teased us. Remember the Esprit (pictured above) that was definitely going to be a thing? Yeah, um, I guess that one is still in the mail, huh?
Chevrolet announced Tuesday that its new 2016 Volt would extend its all-electric range from 38 miles to 53 miles, which is a 40-percent improvement and would satisfy more than 90 percent of normal drives.
The feat itself would put the Volt on par with many all-electric commuters, whose normal range is anywhere from 60 to 90 miles. Of course, the Volt packs with it a 1.5-liter turbocharged four cylinder that bumps that range up to more than 400 miles, but that’s neither here nor there.
Volkswagen just took the wrapper off its 1.4-liter turbocharged four cylinder that will replace the 2-liter naturally aspirated noise machine in most of its Jettas, the automaker announced today.
The engine will produce 150 horsepower (vs. 115 hp in the outgoing model) and will produce 184 pound-feet of torque (vs. 125 in the old engine) and highway fuel economy is expected to reach 39 mpg, the automaker said.
The engine uses a small, single-scroll compressor for its turbocharger and an integrated intercooler. The engine can be mated to either a five-speed manual (!) or six-speed automatic.
Hedge fund investor Daniel Loeb has purchased a minority stake in Suzuki Motor Corp., which may mean the automaker could have a ruling on its nearly 5-year arbitration with Volkswagen, Bloomberg Business is reporting.
The unspecified investment in Suzuki by the billionaire Loeb, who is one of Japan’s wealthy business elite, could be a sign that a ruling following June’s completion of arbitration is imminent. For years, Suzuki remained “paralyzed” as the procedure slogged on.
Suzuki has a significant automotive presence in emerging markets and India.
The latest creation as part of Rolls-Royce’s Bespoke Collections might as well have come from the Fox-body-loving garage of our own Sanjeev Sajeev Mehta. Showered in a svelte shade of heavy-metal brown, this Wraith ‘Inspired by Music’ model is just as inspired by the Brown Car Appreciation Society as it is Rock & Roll.
General Motors will spend $877 million to upgrade its Flint, Michigan pickup plant, the automaker announced Tuesday.
The assembly plant, which is the oldest GM factory in North America, will get a new body shop as part of the investment along with general improvements.
The plant makes full-size trucks for GM, including heavy duty versions.
Price is the deciding factor in many new car purchases, so it’s no surprise that dealerships do all they can to advertise the lowest number possible. While the internet has given consumers a lot of power when it comes to purchasing a new car, many consumers still fall for age-old pricing tricks.
One of the easiest ways to reel people into a dealership is to set up an advertisement for a decently optioned popular car at a sale price significantly lower than MSRP. This advertisement will usually be the lowest in the geographic area and would cause a loss for the dealership if sold. The way that deceptive dealers get around honoring the advertised price is by specifying a single stock number that qualifies and then asking a friend or relative to put a deposit on that specific vehicle as soon as the advertisement goes up online or in print.
This story isn’t about cars, it’s about Detroit. One of the nice things about writing for this site is the freedom we have to explore topics not specifically about automobiles.
Of course, the simple truth is anything significant that affects the city of Detroit will, sooner or later, have an impact on the auto industry. Over on the east side, not that far from the infamous ruins of the Packard plant, the city is literally being regrown from the roots up. (Read More…)
Last week, our own Doug DeMuro asked the B&B for their opinion on the stupidest automotive feature. He then gave his personal opinion as to what that feature might be. I’m here to tell you why he’s completely wrong, and why he’s probably also completely right.
Automakers have collectively spent tens of billions of dollars trying to concoct schemes sales campaigns that make consumers perpetual debtors instead of long-terms owners.
$129 a month. 0-percent financing. Move the decimal point here and the first payment there. Sprinkle a healthy amount of small print, toss in some advertising that pushes the right buttons, and keep driving down credit standards to the point where you maximize your long-term profits.
It takes the right financial recipe — and an awful lot of money — to keep any automaker in the black. The mathematical truth of the auto industry is that automakers can’t do anyone any favors, anywhere, if they don’t successfully cater to a healthy audience that embraces debt as a long-term financial proposition.
So with that said, how should automakers cater to the keepers among us? Those new car shoppers who buy once, and then try to keep their cars until they are often times worth more dead than alive?
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