Posts By: Aaron Cole

By on July 8, 2015

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With the imminent spin-off of Ferrari, Fiat Chrysler Automobiles boss Sergio Marchionne may be looking for a cash cow to help keep lagging brands at FCA afloat.

A story by Automotive News on Wednesday wonders aloud if Maserati will replace Ferrari as FCA’s marquee brand with double-digit profit margins. Behind Marchionne’s plan to sell the world on Jeep and Alfa Romeo, he would need to sell the world on the idea that Maserati is an exclusive, luxury brand, the article says.

Of course, that may be tough to do considering Maserati has always had a reputation for being Ferrari’s nerdy suburban cousin.

(Read More…)

By on July 8, 2015

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Volkswagen’s Golf TDI traveled more than 8,200 miles around the lower 48 states on less than $300 of diesel in 16 days, the automaker said today.

The 16-day trip around the U.S. set a narrowly-defined world record for “lowest fuel consumption — 48 U.S. contiguous States non-hybrid car” by averaging 81.17 mpg in the Golf TDI. The car was driven by automotive journalist Wayne Gerdes and electronics engineer Bob Winger.

Quick math: If the duo averaged 15 hours of driving per day, the pair managed an average speed of 34.306 mph throughout the entire journey.

(Read More…)

By on July 7, 2015

 

Rally legend Tommi Mäkinen will lead Toyota Gazoo Racing’s World Rally Championship team when it begins competition in 2017, the automaker announced today. Mäkinen was announced as team principal, which will race a Yaris-based car, for the WRC team.

Toyota boss Akio Toyoda, who will be the team’s chairman, said the 51-year-old Mäkinen was an ideal fit for the team.

“Tommi has abundant experience and fresh ideas for vehicle development, both of which will be valuable assets to us. With Tommi behind us, Toyota will forge ahead with our return to the WRC and also our efforts to make ever better cars,” Toyoda said in a statement.

(Read More…)

By on July 7, 2015

google-self-driving-car

Google’s autonomous cars have made it to the Lone Star state for testing, The Detroit News is reporting.

A self-driving Lexus 450h prototype was recently dispatched to Austin, Texas for testing on that city’s streets. The cars are used to map roadways and signs for future autonomous vehicles to use. Google said the car has begun to drive itself after testing in Texas it will be sending another Lexus to Austin soon.

The search-engine giant likely selected the Texas capital because a free-range Lexus fit in very well with that city’s culture.

“We also want to learn how different communities perceive and interact with self-driving vehicles, and that can vary in different parts of the country,” an official with Google told The Detroit News.

(Read More…)

By on July 7, 2015

 

Automakers PSA (Peugeot and Citröen) and Fiat Chrysler Automobiles are most at risk if Greece’s economy fails and the country backs out of the Euro, according to a report by Automotive News.

Analysts say the two automakers have the largest share of southern European markets — including Italy, Spain and Portugal — where the economic impact of a Greek failure could hit the hardest.

Although the automakers have a large share of those markets, its a relatively small portion of their overall sales, the report states.

(Read More…)

By on July 7, 2015

Former Toyota communications chief Julie Hamp will be released from jail Wednesday, according to Bloomberg News (via Kyodo News).

Hamp was jailed June 18 for allegedly mailing herself 57 Oxycodone pills, which are illegal in Japan. She resigned her position with Toyota on June 30 as one of the global automaker’s highest-ranking female executives.

The reason for Hamp’s release is unclear. Bloomberg reported that prosecutors in Japan didn’t have enough evidence to indict Hamp on the charges. Kyodo News (via translator) reported prosecutors determined Hamp’s actions weren’t malicious and her resignation may have been enough punishment.

(Read More…)

By on July 7, 2015

Photo courtesy Honda

New Honda CEO Takahiro Hachigo told media Monday that the automaker wouldn’t aim for a specific global sales figure to drive growth and would be open to partnerships with other automakers, Automotive News reported.

The speech also emphasized sharing global manufacturing resources within Honda’s six regional divisions and to create “challenging products.” (Which may or may not — probably not — mean “Challenger.”)

(Read More…)

By on July 7, 2015

 

Last week’s news of BP’s $18.7 billion settlement with federal and state governments brought to close the second act of one of the worst environmental tragedies of all time. There’s no promise that the third act won’t drag out for decades and ultimately end in heartbreak either.

BP’s structured settlement means the oil producer will pay roughly $1 billion each year over the next two decades to state and local governments impacted by the 3.9 million barrels of oil dumped into the Gulf of Mexico from the Deepwater Horizon oil rig. Of course, there’s no amount of money that could assuage the grief from families of the 11 workers killed in the spill.

But the settlement doesn’t address the hundreds of individual or class action lawsuits, or many of the claims made against BP by local business owners and people since the 2010 spill. Some of those civil cases are still in court, some on appeal, and many are years away from a meaningful conclusion.

(Read More…)

By on July 6, 2015

Photo courtesy FCA

Folks over at Chrysler have filed another extension for the Barracuda nameplate, according to Allpar, which would be at least the fifth extension in three years with no new car in sight.

The filing over at the U.S. Patent and Trademark Office is wonderfully vague, specifying only “passenger automobiles, their structural parts, trim and badges” in the filing made June 23.

Reviving the Barracuda name would be incredibly difficult, considering it may not currently have a place to live.

(Read More…)

By on July 6, 2015

 

Police in Denver say suspects in a drive-by shooting in January may have rented several Smart Fortwos under fake names to use in connection with their crimes.

The Denver Post is reporting that in affidavits filed by detectives investigating the Jan. 4 shooting, Denver police asked the car-sharing company for GPS data from the cars when investigators learned multiple cars were rented with bogus names.

Surveillance camera footage from a nearby business showed the vehicles near the shooting at the time the crime was committed.

(Read More…)

By on July 6, 2015

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New BMW M boss Frank van Meel says buyers may still have a choice between two transmissions, just between two types of automatics.

Talking to Autocar, van Meel said: “From a technical standpoint, the future doesn’t look bright for manual gearboxes.”

So goes another nail into the coffin.

(Read More…)

By on July 6, 2015

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Over the weekend, I spotted a completely camouflaged BMW ActiveTourer heading into the mountains of Colorado. At the same time half a world away, a TTAC reader on vacation in Germany spotted a completely camo’d 7 Series on the streets of Munich.

What gives, BMW? We’ve already seen these cars before.

(Read More…)

By on July 6, 2015

 

Speaking at an unrelated Fiat 500 reveal last week, Fiat-Chrysler chief Sergio Marchionne said Ferrari is worth about $11 billion and he expects the prancing horse’s IPO to garner about $1.1 billion went it goes up for sale in October.

“There are clear expectations from ourselves as Ferrari brand is unique,” Marchionne said, according to Bloomberg News. “There is also a scarcity value as we are just selling a 10 percent stake.”

Marchionne’s estimate is roughly double what brokers said the Maranello-based manufacturer could be worth almost a year ago.

(Read More…)

By on July 3, 2015

Nissan NV200 Taxi of Tomorrow

The New York City Taxi and Limousine Commission finally cleared its last hurdle in making the Nissan NV200 the new official taxi for NYC, Car and Driver reports.

The commission installed the NV200 as the new official taxi back in 2011, but legal challenges have delayed that process until now. The city licenses more than 13,000 cabs.

(Read More…)

By on July 3, 2015

 

Per Road and Track, the operators of the famed Nurburgring in Germany may be preparing to dump its speed limits for manufacturers and may mean a return for manufacturer records.

After a Nissan GT-R GT3 crashed and killed a spectator, the famous road installed speed limits during specific sections for safety and enforced those limits during testing for manufacturers — effectively ending record run chest-thumping.

(Read More…)

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