BMW Group revealed this week that it is under investigation by the U.S. Securities and Exchange Commission following a report of a probe related to the company’s sales practices. A spokesperson for the automaker confirmed the situation on Thursday, saying BMW was in full cooperation with authorities and their investigation.

The probe was reported on earlier in the week by The Wall Street Journal, which had insider sources alleging the company had manipulated sales figures. The SEC is specifically worried that BMW had been engaging in “sales punching” by allowing dealers to register cars moved onto lots as sold to artificially boost sales figures.  (Read More…)

We spend a lot of time discussing pickups on these digital pages, and with good reason. Pickups have quickly become the go-to vehicle for growing families, replacing sedans and wagons in that role, though crossovers and SUVs of varying sizes still garner the greatest market share.

With a proliferation of trim choices leading to ever-higher ATPs and hefty margins for those who build them, pickups remain a cash cow for many companies — at least, those capable of capturing the public’s attention. With data in hand, let’s look at the decade that was. (Read More…)

Uber Technologies co-founder Travis Kalanick is leaving the company’s board to focus on his new business endeavors in other industries. The company made an announcement on Tuesday, with Kalanick expressing a need to move on.

“Uber has been a part of my life for the past 10 years. At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits. I’m proud of all that Uber has achieved, and I will continue to cheer for its future from the sidelines. I want to thank the board, Dara [Khosrowshahi] and the entire Uber team for everything they have done to further the Uber mission,” Kalanick said in a statement.

Stepping down as CEO in 2017 after a series of wholly unnecessary scandals (sometimes with Travis at the center), Kalanick stopped managing the company’s daily business. Uber then embarked on an effort to improve its corporate governance, with its better-known founder (apologies to Garrett Camp) being pushed into the shadows. Pressure from investors became overwhelming after he was caught on video arguing with a driver over the company’s pay structure in a period where Uber’s corporate culture was already broadly presumed to be toxic. He was replaced with Khosrowshahi about a month later.  (Read More…)

Suffice it to say this rumor won’t go over well with TTAC readers, assuming we’ve gauged their interests and allegiances right.

While it’s well known that Ford has designs on alliance partner’s Volkswagen’s dedicated electric vehicle architecture, a product that may spring forth from the alliance’s R&D loins might cause Ford naysayers to double down on their criticism of the Blue Oval’s product direction. (Read More…)

An electric vehicle platform many can’t wait to get their hands on continues to make Rivian the upstart automaker to watch. The fledgling, Michigan-based automaker just closed a $1.3 billion investment round led by T. Rowe Price Associates, Inc. — pushing the company’s 2019 take to $2.8 billion.

With two utility vehicles on the way and a pledge to license its EV architecture to anyone willing to pay for it, Rivian’s big-buck backing from the likes of Ford, Amazon, and Cox Automotive was just the start. (Read More…)

As a terrible year draws to a close, Nissan can’t seem to put its bad luck behind it. In a case of “the hits keep on coming”, the automaker’s vice chief operating officer, Jun Seki, announced his departure from the company less than a month after taking on the position.

Seki, once a candidate for the CEO chair, was tasked with helping turn around the struggling company in the wake of the Carlos Ghosn scandal and concurrent sales plunge. At the same time, an American dealer group is suing Nissan over alleged Ghosn-era financial misdealings.

A merry Christmas it was not. (Read More…)

Unpopular sedan offerings are getting the axe across the board this year, prompting a QOTD series about the best offerings in each size class. We’ve previously discussed compact and midsize offerings, and we round out the end of 2019 with everyone’s favorite: large sedans.

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Christmas is upon us, and New Year’s Eve is lurking just around the corner. So with that in mind, here’s a look at how we’re operating these next two weeks.

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Remember when General Motors talked about delivering an autonomous vehicle, sans steering wheel or pedals, and how the Department of Transportation said Federal Motor Vehicle Safety Standards basically made it impossible? Well, GM hasn’t given up the fight to disassociate drivers from driving.

The U.S. National Highway Traffic Safety Administration has started talks with GM over the automaker’s petition to deploy a limited number of self-driving vehicles on American roads last Friday. Acting NHTSA Administrator James Owens told Reuters that the petition (issued in 2018) is currently under review.

“I expect we’re going to be able to move forward with these petitions soon — as soon as we can,” Owens said, suggesting a final decision would be made in 2020. “This will be a big deal because this will be the first such action that will be taken.”  (Read More…)

Today we take a look at a stylish grey Alfa Romeo that is the only example of its type. With coachwork from one of the greatest names in the business, it’s Fifties artwork that moves.

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Prior to Congress taking the rest of the month off to relax and presumably gear up for an impeachment trial, they first had to settle their year-end tax package. Automakers were hoping that would include an extension of electric vehicle tax credits, but it was a doomed proposition.

An extension was initially included in the bipartisan Driving America Forward Act, which manifested this spring, before being incorporated into the Democrat-friendly GREEN Act (Growing Renewable Energy and Efficiency Now). That got it through the House but not the Republican-controlled Senate, which wasn’t interested.

While the current $7,500 EV tax credit remains in place, Tesla and General Motors have both reached their 200,000-vehicle quota. Naturally, they (and other automakers) lobbied for an expansion, one which would have seen a $7,000 credit kept in place until a manufacturer sold 600,000 electric automobiles. Several Republican lawmakers openly shared their distaste for the plan, though few more openly than Senator John Barrasso of Wyoming, who had an opposing bill — called the Fairness for Every Driver Act — interested in reducing subsidies on the grounds that EV credits have already done enough.  (Read More…)

Perhaps you haven’t heard, but our good friend, Patrick George, has left his post as Editor-in-Chief of the widely read G/O Media blog, Jalopnik. He’s now at The Drive, which your author finds a bit strange, since I specifically recall Patrick complaining quite a bit about The Drive being trash and stealing all of its ideas from, well, Jalopnik. But the automotive journalism world is a small one, and when most of us talk stuff about competing blogs, it’s mostly because they won’t hire us to write for them anymore. Ahem. Anyway.

With Patrick’s departure, Mike Ballaban has been named the interim EIC, which made me think, great, just what I needed — more white men telling me about cars. But while Mike is generally a good guy who is well-deserving of the job, I can think of somebody who’s even more deserving — me.

That’s right, Jalopnik is looking for a full-time EIC, and I’m just the guy to do it. But I need your support, TTAC readers. Although we may be the Delaware of the Electoral College in comparison to Jalopnik’s New York, our readers are definitely some of the finest people to ever read this blog, and I require your votes in this completely made-up election.

Want reasons why you should cast your ballot for Bark? Read on. (Read More…)

Buyers of the revamped-for-2019 Toyota RAV4 Hybrid seem pleased with their vehicle’s upgraded fuel economy, but ask them about range, and you’re liable to get an earful.

In an unusual development not often associated with non-EVs, RAV4 Hybrid owners have begun complaining about lackluster driving distance — an issue that stems from the model’s redesigned gas tank. (Read More…)

One of the bigger stories this year, albeit one that occurred mostly in the background of splashier news, concerned a fun-to-drive compact car that did pretty well for itself over the past decade. For 2019, that car got a makeover and a push upmarket, aligning it more closely with other models in the lineup. That car was the Mazda 3 — and the 2019 model year brought big changes not only to its content, but also its price.

Gone was the American-market’s base 2.0-liter engine and most of the model’s manual transmission availability, and these omissions played an obvious role in inflating the model’s entry price by roughly three grand. Looking back on the sales decline that marked the new 3’s entry to the market, Mazda’s leadership is expressing regret. (Read More…)

As the calendar flips into 2020, various and sundry beancounters have begun bleating that we’re all spending way too much money on cars. The folks at AAA remarked earlier this year that the average annual cost of vehicle ownership amounts to $9,282, or $773.50 a month. That’s the highest cost associated with such since they began tracking expenses in 1950.

Santa is just around the corner (no, really — go look) so TTAC is here with a fictional present: assuming there is a monthly bank error in your favor of $773.50, what would you go out and buy today?

(Read More…)