Several executives from perpetual automotive startup Faraday Future have reportedly been subpoenaed by the U.S. Securities and Exchange Commission as part of an investigation into inaccurate statements made to investors. Though, considering the nameplate’s history, it would be impossible to assume which item the SEC will be focusing on thanks to FF’s exceptionally long history of industrial misgivings.

We’ve covered Faraday Future’s long and bizarre story from the early days of delivering half-baked, though otherwise impressive, concepts to its more recent status as an automaker in the ethereal sense. It’s promised the moon and only managed to deliver a handful of production husks that never surpassed the body-in-white phase and some “production-intent” prototypes of the FF91. Though the larger story is the SEC’s sudden interest in electric vehicle startups that went public via mergers with blank check firms, better known as special purpose acquisition companies (SPACs), over the last two years.  (Read More…)

Launching a new vehicle under embargo must be a stressful endeavor for all those who are involved on the OEM side.

Take the Toyota GR Corolla. The brand has been so careful to build up interest via teases, and has plans to take the wraps off tonight — and it all got spoiled by some careless management of the company’s consumer Web site.

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The Insurance Institute for Highway Safety (IIHS) has spent the last few years branching out from crash tests to focus on some of the safety tech in modern vehicles. However, this arguably peaked when the group realized that modern vehicles with higher ride heights were blinding everyone with their headlights and decided that might be something worth including in general safety testing. The IIHS has since preoccupied itself with advocating for additional electronic nannies and mimicking government regulators by suggesting vehicles should annoy drivers as often as possible.

This week, that manifested by way of the IIHS upgrading its safety program to include pressuring manufacturers into making seat belt reminders more irritating. While the federal standards specify that undone belts must include an audible signal that lasts between four and eight seconds, in conjunction with a minute-long warning light, the non-profit (supported by insurance companies) believes reminders should be longer and louder than outlined by existing requirements. (Read More…)

If you’re shopping for a second-hand Honda or Acura older than even that forgotten bottle of ranch in the back of your fridge, we’ve some good news. Those brands are allegedly expanding their HondaTrue certified pre-owned program to vehicles stretching back 10 years from its original in-service date.

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We’ve come to the end of our Cressida journey, and the short-lived fourth generation. Conservative and staid as ever, Cressida’s final entry was squeezed out of the lineup from above and below: The crushing weight of Lexus came down upon the late Eighties Cressida shortly after its introduction, while Camry smashed it from below. Put on your Urban Sombrero and let’s go.

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U.S. President Joe Biden is said to be considering utilizing wartime powers to spur domestic electric vehicle battery production. The administration reportedly wants to add the necessary raw materials to the Defense Production Act (DPA) penned at the start of the Korean War in 1950.

Originally designed to give the federal government more control of the U.S. economy (especially in regard to raw materials) throughout the Cold War, the law has also been leveraged by the Department of Defense to advance new technologies starting in the 1980s. In 2011, Barack Obama invoked the act to force telecommunications companies to provide detailed information to the Commerce Department’s Bureau of Industry and Security. Donald Trump would later invoke the DPA to identify an array of products deemed critical to national security as the trade war with China heated up, and then again to spearhead domestic production of materials and goods pertaining to the COVID-19 pandemic.  (Read More…)

Genesis is an interesting brand. Decades after Japanese automakers launched premium nameplates of their own, South Korea’s Hyundai decided to spin off one of its sedans into an entire luxury sub-brand in 2015. The resulting vehicles have been solid performers, representing excellent value for individuals in the market for something fancier. Genesis is building real luxury cars and working to differentiate those models from Hyundai Motor Groups’ mainstream products.

But it’s had to overcome plenty of obstacles. While Genesis’ product might be dunking on some of the other Asian luxury brands, achieving the same notoriety has been difficult for the fresh nameplate. The company also isn’t targeting Acura, Infiniti, and Lexus. Its sights are set on the Germans, with many vehicles already comparing favorably. But if Genesis is to become a serious rival, it needs to distance itself from the Hyundai and Kia models it traditionally shares a lot with — resulting in its very first standalone retail store in the United States. (Read More…)

A Lotus EV? If British electronics are involved, isn’t a Lotus EV going to be useful only as a paperweight?

I kid, I kid. Lotus, however, is dead serious — the Lotus Eletre is here, and the company calls it “the world’s first electric Hyper-SUV”.

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The popular image of Henry Ford must be rolling over in its gilded grave at the proliferation of option packages and customization choices available these days. Of course, I’m talking about his ode to speeding up mass production – “Any color, so long as it is black” being the supposed mantra to make the Model […]

Despite news that Volkswagen Group’s largest shareholder is eager to list the Porsche brand, rumors are swirling that the plan might be delayed over the conflict in Eastern Europe. VW and Porsche SE have openly shared their desire to launch the initial public offering (IPO) in the fourth quarter of 2022. However Porsche Automobil Holding SE’s finance head has suggested it might not be prudent if Russia is still occupying parts of Ukraine.

“We cannot rule out, if the conflict lasts a longer time, that this could have potential implications on the listing,” CFO Johannes Lattwein recently explained during a press conference held in Berlin, adding that no formal decisions have yet been made.  (Read More…)

The Rare Rides series has covered every generation of Aston Martin’s Lagonda four-door except one. In the Sixties, the Lagonda Rapide helped to define the super sedan class: A grand tourer that could sweep four passengers and their luggage across Continental Europe with ease.

Then there was the late Seventies Lagonda, which had a long production run through 1990. Advanced electronically, that Lagonda was too ambitious and generally earned its reputation as a good-looking, expensive disaster. Finally, there was the Lagonda Taraf, a large sedan designed specifically and cynically for the UAE market. It was built to extract maximum dollars from oil barons and the like. Great success!

But between Lagonda Rapide and Lagonda was a missing link. It was called the Lagonda Series I and is the rarest Aston Martin Lagonda ever made. And one is for sale.

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Choosing the right spec of a pickup is fraught with danger since it is unlikely any two truck customers have the same needs. Jim might need a base two-wheel-drive regular cab for chores on the farm while Bill could be after a Crew Cab monster to tow the family camper.

Nevertheless, we shall try. Consider the following as a selection of F-150 which is likely to be pressed into runs to the hockey rink and the scattered bit of towing on the weekends, mixed with a decent amount of useful new tech. In other words, the one this author would buy.

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General Motors’ joint venture in Shanghai is reportedly having employees sleep on factory floors to remain operational during regional COVID-19 lockdowns. The facilities are operated collaborative by GM and state-owned Chinese partner SAIC Motor Corp, with government restrictions being in place until at least Friday. Due to the tens of million people affected, it’s one of the largest lockdowns instituted since the pandemic started.

Initially reported by Reuters, the situation was framed as GM finding a workaround to ongoing Chinese lockdowns while other companies simply stopped production. But that seems to be glossing over some of the relevant context, mainly that the plant is now loaded up with workers who are sleeping inside the factory and living in relative isolation to ensure the facility is compliant with China’s stringent zero-tolerance policy while still managing to remain competitive.  (Read More…)

Hi there! Remember that podcast we did a few weeks back? Well, we’re back with more.

There’s also more to come.

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Today we pick up our Stutz series once more, at the dawn of 1929. Stutz wasn’t in the best way at the time: Its vehicles, though very luxurious, were selling slowly, and were largely seen as behind the times with the luxury competition. Management had taken the company’s advertising in a new direction in the second half of the Twenties and was largely ignoring the company’s racing pedigree – the thing that put Stutz on the map.

There was no Bearcat in the company’s lineup, as wares drifted further from performance and more into elegance territory. And finally, given the company’s financial struggle and recent lack of interest in motorsport, the board room discontinued all support for racing activities in 1928. The sole promising source of money was the distribution rights for the Pak-Age-Car, which saw the delivery trucks placed alongside luxury cars in Stutz showrooms. Things went downhill further as the Great Depression loomed.

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