Over a year now, the launch of Buick’s new LaCrosse gave us pause to consider the average age of Buick buyers, and the future of the brand’s demography. At the time, The Detroit New claimed the average age of Buick buyers was 63, a fact that gave the paper cause to celebrate Buick’s new lease on life. And considering that the brand once attracted buyers of an average age of 72, that wasn’t a bad trend at the time. Today’s DetN has a similar story, lauding Buick’s newfound youthful appeal with such quotes as this one from IHS Global Insight’s Aaron Bragman:
They are making definite improvements in the U.S. To kill Buick would have been crazy. It’s one of the most important brands in the Chinese market…. It’s still too soon to really come to a verdict on how Buick is doing in the U.S. But nobody can say those are old person’s cars anymore. Because they aren’t.
But this latest round of Buick-boosting is still based on the old reference point of a 72-year-old average buyer demographic. Compared to a year ago, Buick’s average buyer age appears to have crept back up again, as the Detroit News cites a current average demographic of 65.
Goodness gracious, but the re-born Volkswagen Phaeton [as spied by AutoExpress] sure looks like a giant Passat. If anything, it might even be less distinctive than the old version. Because sometimes you have to learn a lesson the hard way. Twice.
NHTSA’s head of Defect Investigation will step down, according to the Wall Street Journal [sub]. Kathleen DeMeter has been with NHTSA for 30 years and spent 15 years in her current position. According to DOT officials, DeMeter “delayed her retirement in order to assist the agency during the recent Toyota recall crisis,” but at 60 years of age, it’s just as likely that she is NHTSA’s first casualty of the Toyota investigation fallout. After all, the Secretary doesn’t like having to explain to congress why his investigators only have two electrical engineers. An interim head of Defect Investigation will be named, while NHTSA searches for a permanent replacement… who wants to bet it’s going to be an engineer?
The Detroit Free Press sure seems to think it’s “possible.” The paper reports that NHTSA’s “final notification” to Toyota includes a warning that it “would have faced a fine totaling $13.8 billion were it not for caps set by U.S. law on NHTSA penalties.” But then, that’s a bit like Toyota saying it would have manufactured its pedals to space shuttle specification if it didn’t cost so much money to do so. Six paragraphs into the piece, the Freep concedes that
NHTSA said it could issue another fine depending on whether it decides the problems with sticking pedals are technically two separate defects, based on the manufacturing changes made by Toyota.
The AP reports that documents obtained by NHTSA say Toyota acknowledges CTS-manufactured pedals “had two separate defects that may require two separate remedies.” But that’s not all, folks…
The LA Times reports that “more than 100 suits seeking class-action status, as well as at least 50 personal injury cases” against Toyota have been consolidated to a single courtroom, under the jurisdiction of U.S. District Judge James Selna. According to Reuters, the ruling by the U.S. Judicial Panel on Multidistrict Litigation did state that:
We are initially persuaded that the centralized proceedings should eventually include the related personal injury and wrongful death actions
Where to start with Saab-Spyker CEO Victor Muller’s plans for world domination? Why not with the craziest part? Despite declining sales, the boutique supercar arm of Saab-Spyker claims to be developing a “Super Sport Utility Vehicle” in the mold of the D12 Peking-To-Paris showcar. Autoinformatief.com caused quite a stir when it revealed images of both a clay model and a test mule for this allegedly production-bound (yes, again) piece of madness. Moreover, news that Spyker won’t be invited to use Audi engines in forthcoming models caused at least one popular car blog to run the headline “Spyker’s New Ferrari-Powered SUV.” Because apparently Spyker can’t decide if it wants to use an AMG engine or a “supercharged Ferrari V8.” Does this give you a taste of just how goofy things have become ’round Saab-Spyker way? Well, it gets worse.
If there’s anything “wrong” with the Ferrari 599 GTO, it’s that they’re only building 599 of them. Which in turn guarantees that it will end up being more of a “my oil well’s proven reserves are bigger than yours” trophy than the road warrior it’s allegedly supposed to be. Otherwise it’s just 670 HP of 208 MPH, heritage-named goodness. A regular 599 starts at around $335,000 new, provided you’ve already bought a used Fezza and given Luca DiMontezemolo a sensual massage within the last six months… any guesses what the GTO’s premium will run? It’s looking like it could hit $100k, which is mighty healthy for a .35 second improvement in 0-60 time.
Thus far, Transportation Secretary Ray LaHood’s war on distracted driving has been largely a rhetorical hobbyhorse, giving the good Secretary a crowd-pleasing speech topic no matter where he finds himself. After calling the situation “an epidemic,” LaHood held a summit at which it was agreed that distracted driving is bad, especially when it causes deaths. Federal employees were subsequently barred from texting while driving government-owned vehicles during work hours. And that was just about it. Apparently chastened by his big build-up and lack of pay-off on this issue, LaHood has kept himself busy with the Toyota debacle of late, leaving distracted driving largely alone since last summer’s summit. Until he remembered that there was one crucial tool in his bureaucratic bag of tricks that he hadn’t yet used: the photo op.
As many as 800 workers at Denmark’s Carlsberg brewery walked off the job yesterday, after management restricted beer drinking to lunch hours and the company cafeteria. Previously, workers had access to beer around their work sites, and could drink at their own discretion. By now you’re probably either Googling “Carlsberg job openings” or wondering what the car angle to this story is. Actually, it’s more of a truck angle. Take it away, Associated Press [via Google]: (Read More…)
Back in the muscle car heyday, enthusiasts could likely have imagined that the 2011 Mustang and Camaro would make at least 300 horsepower. They might even have imagined that the pony cars would be equipped with optional flight modes, nuclear reactors, and autopilots. What they likely never imagined is that Ford and GM would revive the time-honored tradition of pony car one-upmanship for V6 models. (Read More…)
Generally speaking, official prospectus information tends to run on the alarmist side, warning investors of any and all possible problems, regardless of how likely they are to take place. Which is why you rarely see news organizations like Reuters pick up on prospectus warnings, like today’s story on a Volkswagen warning that its merger with Porsche could be scuttled by lawsuits filed by angry hedge funds. Porsche’s notorious “short squeeze” of hedge funds who were speculating on VW stock in the leadup to its planned takeover has drawn lawsuits in severalcountries which, according to VW’s recent capital increase prospectus, could: (Read More…)
Chinese automaker SAIC has concluded its deal to assume control over its joint venture with GM [via the WSJ [sub]], and to keep its momentum going, it will be releasing its first hybrid vehicle this year. Reuters reports that the Roewe 750 Hybrid will be released this year, making SAIC the second Chinese firm to offer a hybrid drivetrain after BYD. SAIC may even deliver … (Read More…)
Just as certain celebrities reach a critical mass of surgical alterations, where a new nose or chin can go completely unnoticed, the 2011 update to the Audi TT barely registers. And like any aging celeb, it looks remarkably good… until you put it next to a photo of an original. Compared to Peter Schreyer’s timeless bauhaus lines, the TT is showing the wear and tear of Hollywood living, with its heavy eyeliner and tacked-on curves. Not that we’d turn down a date, mind you…
The Detroit News has just published a quote that allegedly comes from a January 16 email from Toyota Motor Sales USA group vice president for environmental and public affairs Irv Miller to “company officials in Japan.” Miller’s quote reads:
I hate to break this to you but WE HAVE a tendency for MECHANICAL failure in accelerator pedals of a certain manufacturer on certain models. We are not protecting our customers by keeping this quiet. The time to hide on this one is over. We better just hope that they can get NHTSA to work with us in coming with a workable solution that does not put us out of business.
Over a year now, the launch of Buick’s new LaCrosse gave us pause to consider the average age of Buick buyers, and the future of the brand’s demography. At the time, The Detroit New claimed the average age of Buick buyers was 63, a fact that gave the paper cause to celebrate Buick’s new lease on life. And considering that the brand once attracted buyers of an average age of 72, that wasn’t a bad trend at the time. Today’s DetN has a similar story, lauding Buick’s newfound youthful appeal with such quotes as this one from IHS Global Insight’s Aaron Bragman:
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