While this news initially surfaced late Friday, we feel it is a significant move by General Motors, one which warrants a bit of discussion even after umpteen different car blogs parroted this news over the weekend.
At issue? The current level of global supply chain disruption, of course. With the only chips in Detroit apparently being of the salt & vinegar kind, car companies have been forced to make some tough decisions – but yoinking heated seats is a very substantial change.
Believe it or not, the ubiquitous RAV4 has been around for two-and-a-half decades, appearing on the scene as a right-sized trucklet available in either two- or four-door guise. Remember when the RAV could be had with a removable roof? Pepperidge Farm remembers.
Twenty-five years on, the model has grown in size and cemented itself as a leader in its segment. Fun fact: the original four-door RAV was just 162 inches long, about two feet shorter than a Camry of the day, on a wheelbase of 94.5 inches. For 2022, Toyota has added a couple of extra trims and fiddled with some of its styling details.
Last night’s unveiling of the new Integra in L.A. wasn’t a surprise, given the number of teasers released by Acura over the last few weeks. There was a general consensus it would be a four-door hatchback of some ilk, and would very likely share many parts with other members of the House of Honda.
The 2023 Integra (technically a prototype but we all know that 99.9 percent of this vehicle will make production) did indeed appear as a four-door hatch – thankfully not as a tall-riding crossover – complete with a turbocharged engine and manual transmission. This didn’t stop keyboard warriors bleating from the depth of their parent’s basement that “ThIs Iz NoT a ReEl AcUrA” thanks to the 2023’s abundance of doors compared to the 3rd-gen coupe everyone remembers.
Here’s a newsflash for all those nimrods: The Integra has always been available with four doors.
We haven’t built a loyal readership without knowing a thing or two about what makes you lot tick. Rusty old Ford Rangers rank pretty high on the list. Phil’s adventures at his local junkyard, too. And, oh yeah – big square sedans from the 1980s.
This is why we’re finally publishing pictures of this Hyundai concept, even though it dropped earlier this week and parroted by every cab blog from Anchorage to Zephyrhills. If anyone can appreciate what Hyundai has done with this one-off EV, it’s the Best & Brightest.
While this year’s L.A. Auto Show will be the location in which Subaru shows its new all-electric Solterra on this side on the pond, the new EV – developed in conjunction with Toyota – popped up in an official capacity at a reveal event in Japan. Save for having its steering wheel on the opposite side of the cabin, the machine you see here will be much like the one appearing next week in Los Angeles.
It also looks a lot like its Toyota cousin – much more so than some industry observers expected.
Blaming the global shortage of semiconductors and related supply chain challenges, Stellantis has announced another round of cuts at one of its factories. According to a report in the Detroit News, about 400 workers have been informed of an ‘employee reduction’ that will take effect early next calendar year.
You’ll notice an intentional and obvious use of the word ‘some’ in that headline. At the COP26 global climate summit currently being held in Glasgow, a handful of automakers and two dozen countries committed to an agreement calling for the end of fossil fuel vehicles by 2040 or earlier.
Headline signatories include the likes of Ford, GM Volvo, and Mercedes – along with reps from places such as Canada, the U.K., and Sweden. Not everyone chose to jump on board, however, including a couple of major world powers and two of the planet’s largest car companies.
Our fancy-pants Managing Ed. is currently enjoying the sunny and rocky environs of Moab, sampling different variants of the new-for-’22 Jeep Grand Cherokee. His impressions will appear on these digital pages in due time but, until then, let’s examine what might just be The Right Spec of this popular SUV.
While no one around this neck of the woods would call themselves experts in finer points of the stock market, we do know how to add. Talking heads at the Wall Street Journal are reporting Rivian has set an initial share price of $78 for its IPO, a heady sum to be sure. What drives this story to another dimension is they’ve allegedly sold 153 million shares at this price.
For those keeping track, that means they raised nearly $12 billion – making RIVN the biggest listing so far in 2021.
Automakers love a good teaser campaign, despite their propensity for giving away some of the good secrets like a movie trailer that drags on too long. Subaru has jumped on this marketing bandwagon for their upcoming Solterra, which is both an all-electric compact crossover and the company’s first EV.
Playing a riveting game of I Spy with this teaser photo, it’s safe to say the Solterra will fit in Subaru showrooms quite comfortably.
It’ll surprise exactly zero percent of our readers that automakers have gone all-in on electric SUVs and crossovers. That news continues apace, with Kia showing a ghostly image of its upcoming EV9. Set to fully appear as a concept car within the next month, there’s a strong possibility it’ll share much with its corporate cousin Hyundai Ioniq 7.
Well, they’ve announced pricing for the non-hybrid models, anyway. Apparently putting a value on positive and negative electrons takes a bit more time. Nevertheless, we now know precisely the amount that will be hoovered from your bank account to get into a new-for-’22 Tundra.
As you’d expect, it’s a jump from the old truck.
General Motors seems bent on preparing some of its existing facilities as supporting players for future programs. The company has announced a $46 million investment in the metal stamping operation in Parma, Ohio, a town located about 20 minutes south of Cleveland that has nothing to do with the tasty cheese one puts on their pasta.
While hammering away at his keyboard in preparation for publishing this post, it dawned upon your author that The Right Spec for any new vehicle these days is – thanks to the chip shortage and a myriad of other supply problems – whatever resides on the lot. Or at least doesn’t have an exorbitant markup placed on its sticker.
Why are we profiling a family sedan this week? Because there are still swaths of Americans, believe it or not, who’d rather have this type of machine in their driveway than yet another SUV to add to the line of vehicles in the school pick-up line. And as for why the K5, in particular, was selected – well, let’s just say we hope to start an argument in the comments.
A captive lending arm can be a major source of profit for automakers. After all, keeping that paper in-house instead of farming it out to a third party permits some of that sweet interest-driven revenue rolling on a monthly recurring basis. Why else did most of us, for many years during GMAC’s heyday, refer to General Motors as a finance company which just happened to sell cars?
Following several years of shacking up with Santander in order to offer financing for their customers, Stellantis has bought F1 Holdings Corp., an outfit that is the parent of Texas-based First Investors Financial Services Group. Now they’ve spent $285 million in this all-cash transaction, Stellantis is no longer the only major automaker in America without a captive finance arm.
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