Volkswagen Group CEO Matthias Müller is under investigation in Germany over the possibility he withheld important information on the company’s emissions scandal to investors, as well as potential market manipulation relating to Porsche. While public prosecutors continued to broaden their search among high-ranking company officials, the inclusion of the CEO is a bit of a surprise.

It was widely believed Müller would be free from scrutiny as he was appointed to replace ex-CEO Martin Winterkorn shortly after the emissions scandal went public in September 2015. Initially, German investigators even stated the CEO was not suspected of any wrongdoing. Then, in March of 2017, prosecutors launched a raid that seized the mobile phones, electronic passwords, appointment books, and email files of numerous Volkswagen and Audi employees — including Müller.  (Read More…)

Volkswagen AG announced at its annual shareholders meeting this week that it will not be publishing the findings of an external investigation into its diesel emissions scandal conducted by the Jones Day law firm. The reason for VW’s secrecy is due to an underlying fear among management that the information held in the report would lead to further lawsuits and fines.

VW Chairman Hans Dieter Pötsch addressed the thousands of shareholders by first thanking the U.S. legal team for its hard work and then explaining there was no way in hell anyone outside of the company would benefit from its findings — tossing any promised transparency out the window. (Read More…)

It once sat at the pinnacle of BMW’s model podium, but cutting-edge technology, German opulence and a choice of eight or twelve cylinders couldn’t keep the 8 Series in production. It was only rival Mercedes-Benz’s decision to push the S-Class into the luxury stratosphere that compelled the Munich automaker to consider climbing the luxury ladder again.

Now, a year after the automaker trademarked a slew of 8 Series model names and insider sources assured us of its return, BMW has officially confirmed it. The 8 Series will reappear next year. (Read More…)

We knew General Motors’ strategy for the tenth-generation Chevrolet Impala would be different when the big sedan was launched in 2013. No longer intended to be the fleet queen and a hugely discounted showroom sedan, the tenth-gen Impala moved upmarket.

Consequently, sales decreased, and did so in dramatic fashion. The Impala’s U.S. volume in 2014 was down by more than half compared with 2007 output. Sales continued to fall, with the Impala’s 2016 calendar year result of 97,006 U.S. sales representing the sixth consecutive year of decline.

The Impala’s numbers are getting lower. Much lower. After averaging more than 8,000 monthly Impala sales in 2016 and nearly 10,000 per month as recently as 2015, Impala volume has cratered in early 2017. Only 3,213 Impalas were sold in the United States in April 2017, down 73 percent compared with the Impala’s April average over the last five years.

But don’t assume the scarcity of Impala sales will translate to an abundance of deals at your local Chevrolet dealer. Impalas are thin on the ground, and GM isn’t playing games with incentives. (Read More…)

Diesel power has traditionally proved a tough sell in the United States, at least among light-vehicle buyers. If it doesn’t belong on a worksite, chances are a vehicle’s engine choices have remained gasoline-only since the model’s debut.

While the high-mileage technology suffered a black, sooty eye from the Volkswagen affair, several automakers are gambling on Americans want of higher torque figures and improved fuel economy — the rosy promises of diesel motivation. Mazda, the only automaker without a hybrid or electric vehicle in its stable, plans to add a diesel CX-5 to its gas-only U.S. fleet later this year.

The automaker knows exactly how many it wants Americans to buy. If this litmus test on wheels reaches the pre-determined mark, expect to see more zoom-zoom diesels appearing in local showrooms. (Read More…)

Recommending vehicles, and having those recommendations go unheeded, is a key component of your role as an automotive enthusiast.

Whether you’re known as a go-to source for vehicle recommendations because of your encyclopedic automotive knowledge, because you’re a keen driver who once raced a Spec Miata, because you’ve brilliantly chosen five consecutive impeccably reliable midsize sedans, or because (like many TTAC contributors) you spend a week with new vehicles as they enter the market, you are relied upon by friends, family, and co-workers.

When asked, what new vehicle ends up topping your Most Recommended list? Forget Consumer Reports’ recommendations and Car And Driver’s 10 Best. If a friend asks you what new car they should buy, what car is it most likely to be? (Read More…)

My father had a lot of career advice for me growing up, all of which I cheerfully ignored as I planned a future as a bike-shop owner or folk guitarist. He thought I should go to work for Proctor&Gamble. Sell soap to the masses. Climb the corporate hierarchy to the C-suite. Own a tasteful but extravagant home in Cincinnati’s most exclusive neighborhood. This was bad advice. I learned a long time ago that I don’t have the bow-and-scrape mentality required for success in a corporation.

You know what Dad should have told me instead? He should have told me to be a doctor. I have all the required characteristics: arrogance, blind confidence, a lack of empathy, and a willingness to forget about people as soon as I walk out of a room. By and large, doctors are terrible people. I should know. I’ve spent more time in the hospital than your average late-stage cancer patient.

Robert Ringer once called medical school “a place where people are trained to think they are infallible” — or something like that. He was right. Doctors are notorious for being poor stewards of their money due to simple overconfidence in their own instincts and innate superiority. Thirty years ago, when long-term open-ended leasing was a veritable art form of forcible financial sodomy, the most sadistic practitioner of that art in my area was a storefront that called itself “Physicians Leasing.” They put our local doctors in loaded W126 Benzes for $400/month. Every two years they’d swap the docs out into new Benzes. Further and further underwater our local physicians went, until the final mid-five-figure bill came due. Luckily, it was an era of skyrocketing home equity.

Doctors love their fancy cars, that’s for sure. But I recently found a website that argues an extreme but interesting case: the most money a physician should spend on a car is five grand, period, point blank.

(Read More…)

Automakers are seeing diminished interest in product as market demand levels off after years of post-recession growth. While some analysts are heralding an industry-wide doomsday, others have cited this as an inevitable market ebb with no cause for alarm. Either way, domestic and foreign automakers have begun scaling back production efforts.

In the United States, Ford recently announced layoffs at its Ohio truck plant and General Motors may be following suit by eliminating 1,100 employees at the Delta Township Assembly Plant near Lansing, Michigan.

GM’s newest U.S. factory was already scheduled undergo retooling for the 2018 Chevrolet Traverse and Buick Enclave crossovers. However, when the plant reopens this June, there’s a good chance that third-shift employees won’t be returning. (Read More…)

Even as it develops efficient new platforms and streamlines its operation where it can, Toyota finds itself against the ropes as a falling yen and rising costs sends profits tumbling. Its end-of-fiscal-year financial statements, released today, are enough to send bean counters to the medicine cabinet in search of antacid, while the company’s president warns of more trouble ahead.

To Akio Toyoda, the increasingly gloomy picture has all the hallmarks of a failing sports team. (Read More…)

America’s insatiable crossover thirst has made the Nissan Rogue — a relative newcomer to the segment — a sales juggernaut and a top rival to the likes of the Toyota RAV4 and Honda CR-V.

As summer approaches, two of those vehicles are undergoing a sales strategy shift to better position the models against each other. No, one of the models isn’t the new-for 2017 CR-V. Nissan and Toyota, however, hope to draw in more customers by tweaking prices and content on the Rogue and RAV4, though the two automakers are going about it in very different ways. (Read More…)

Last week, Nissan’s European division proudly announced that it had developed a new feature for use in the Juke that effectively eliminates all cellular signals. In the release, the company praised its UK team for coming up with a 21st century application that uses Victorian-era technology, saying “the beauty of the design is its simplicity.”

Obviously, Nissan is making a play to convince news outlets to cover the prototype and highlight the company’s clever engineering and commitment to safety. While we will happily take the bait and comment on the device, we would be negligent in our duties to consider the item as anything other than an complete waste of resources. The Signal Shield is as useful to motorists as a pair of gloves would be to a person without arms.  (Read More…)

Fans of German compression-ignition engines had best dig out those old, glossy posters of an olive green 300D, as they’re going to need it.

Daimler announced it will not sell 2017 diesel Mercedes-Benz models in the U.S. as rumors swirl that the automaker might give up on the segment altogether.

The problem lies in regulatory approval, which Daimler has struggled — and failed — to obtain. Following the Volkswagen diesel scandal, the Environmental Protection Agency and California Air Resources Board began going over diesel emissions with a fine-toothed comb. The four diesels Mercedes-Benz had hoped to sell in the U.S. this year became trapped in a bottleneck last fall.

After killing off the C300d’s prospects for good, the automaker then sought approval for just one model — the GLS350d. No dice. Investigations on both sides of the Atlantic could now cap the company’s 57-year diesel history in the U.S. (Read More…)

The board of directors at Ford Motor Company will be seeking answers from CEO Mark Fields on how the brand’s mobility strategy played a role in its lackluster annual earnings report. Inside sources claim board members made extra time leading up to Thursday’s annual shareholders meeting to discuss the company’s future with the CEO.

Fields has promoted Ford’s evolution into a mobility company ever since taking the helm in 2014 — something investors haven’t been particularly receptive of. During Fields’ tenure as CEO, shares in the company have fallen by 35 percent. However, with tech-focused companies typically receiving above-average valuations, the methodology behind his strategy appears sound. Ford has spent billions on the development of autonomous technology and showcased mobility concepts that even Tesla hasn’t bothered with.

While many seem too impractical or far-fetched to deserve serious attention, the capital behind its self-driving efforts have kept Ford near the front of the pack in the autonomous race. So, what’s the problem?  (Read More…)

Or maybe you will. Someone did.

As the 20-year anniversary of the release of UK alternative band Radiohead’s monster OK Computer album approaches, an online sleuth has provided pretty compelling evidence as to the locale of the image seen on the album cover.

Radiohead — a band you might have once been really into before worrying it was all a little too pretentious (and back again) — incorporated several automotive references into the album and associated videos. The album cover itself featured a scratchy image of a nondescript highway interchange. Probably a drawing. It’s not like the Blind Faith album cover, so no one thought anything of it.

However, music fans are not known for being allergic to geekiness. The same goes for transportation nerds. One such nerd transportation infrastructure aficionado now says it took him just 10 minutes to figure out the very real U.S. setting for the album cover. (Read More…)

You’re all too familiar with that image, aren’t you? She’s laughing hysterically or having some sort of crisis.  Her male friend, hand outstretched to receive his car key, looks on in amazement at her awkward and overblown reaction within this sales situation. They are The Couple, and they are stock image gold.

Want more of them? You got it.

(Read More…)