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Posts By: Matt Posky
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Matt Posky on April 29, 2019

This author absolutely loves Ford Europe’s extracurricular mobility projects, in the same way someone might enjoy Tommy Wiseau’s The Room or watching Orson Welles’ drunken wine advertisements for Paul Masson.
While certainly not as good as the automaker’s noise-canceling doghouse, lane-keeping bed or slow-moving Carr-E puck (my all-time favorite “mobility innovation”), Ford’s new shopping cart isn’t far behind in terms of accidental amusement. It just happens to have enough practical applications to avoid being hysterical. (Read More…)
By
Matt Posky on April 29, 2019

As we continue reporting on how costly mobility projects, connectivity, and autonomous development are weighing on automakers’ bottom line, readers want to know exactly when these endeavors will become profitable. While the path for data acquisition and in-car marketing is fairly clear, self-driving cars are new territory. But it’s all speculative. Logistical, ethical and regulatory issues abound — and legislators seem rather poorly informed on the technology in general.
For now, companies have a pass to test autonomous vehicles in limited quantities across the United States. The next move, which some firms (like Waymo) have already undertaken, involves adapting test-bed AVs for use in commercial fleets. Profitability is another matter, and concerns are mounting that the technology isn’t ready and might not be for some time. (Read More…)
By
Matt Posky on April 26, 2019

General Motors has officially announced that the Chevrolet Corvette will continue production in Bowling Green, KY after it transitions into a mid-engined car. The automaker will add 400 new jobs and a second shift to support production of the new model, bringing the factory’s workforce to more than 1,300 individuals.
However, the Corvette news — such as it is — doesn’t end there. The vehicle’s factory-sanctioned Facebook page also revealed the car’s new logo on Friday. (Read More…)
By
Matt Posky on April 26, 2019

Earlier this year, Volkswagen announced that the launch of the Mk8 Golf would be delayed until 2020 as it continues working on the vehicle’s upgraded tech features. VW intends to launch the car with an entirely digital cockpit, even on base models, alongside perks like permanent internet connectivity and advanced driving aids. It’s all part of a bid to make the Golf even more appetizing when compared to upscale rivals than it already is.
At the time, VW said certain technical issues needed to be ironed out before the next-gen Golf was ready to hit the road, but was adamant that software gremlins were not to blame. The issue came down to the advanced nature of the new technologies, not glitches.
Never take an automaker’s word for it. (Read More…)
By
Matt Posky on April 26, 2019

Automakers find themselves a bit of a pickle right now. The shift towards “mobility” has resulted in high development costs for electric and autonomous vehicles in the midst of stagnating sales growth. There’s also a trade war hurting global demand and impacting supply chains. Ultimately, this resulted in a lackluster Q1 for many manufacturers.
Ford’s situation was symbolic of the industry’s general plight, per its 34-percent decline in net revenue for the first quarter of 2019, but it wasn’t without a warm ray of hope. The company posted a 12-percent increase in earnings (before before interest and taxes) over the same period due to North America’s consistent desire to own SUVs, crossovers, and pickups. Ford’s share price also improved, hitting the $10 mark for the first time since August of 2018 on Friday.
With all that good news, many probably wonder what caused net revenue to climb into the toilet like an overly curious ferret. As it turns out, saving money can be pretty expensive. (Read More…)
By
Matt Posky on April 26, 2019

The embattled ex-patriarch of the Renault-Nissan-Mitsubishi Alliance has posted an additional $4.5 million in bail. Beyond some new indictments regarding his alleged misappropriation of corporate funds, not much has changed regarding the case. Ghosn and his legal team continue to maintain his innocence, suggesting that Nissan orchestrated the entire ordeal as part of a industrial coup and further supported by Japanese courts that are perpetually hungry for convictions.
Unfortunately, everyone is making a pretty good case. The claims against Ghosn appear legitimate, but so do the accusations that Nissan’s entire investigation was primarily concerned with removing him from power. Similarly, Japan’s extremely high conviction rate and treatment of Ghosn have raised red flags in regard to his civil rights and whether he can expect a fair trial. (Read More…)
By
Matt Posky on April 25, 2019

Toyota Motor Manufacturing Canada (TMMC) plans to make a major announcement on Monday regarding its North Plant in Cambridge, Ontario. These days, such news automatically drums up concerns of layoffs and factory closures. However, Toyota’s announcement sounds as though it will be relatively positive in nature, focusing on production changes.
While the corporate release gave no additional details as to what the announcement might entail, Toyota said the message will “will serve to further reaffirm Toyota’s commitment to manufacturing in Canada.” (Read More…)
By
Matt Posky on April 25, 2019

The Insurance Institute for Highway Safety, currently on a never-ending quest to improve automotive safety and provide underwriters with data, suggested on Thursday that rear-seat passengers are getting the short end of the stick. The announcement comes shortly after the State of Washington announced a new law that would update its Child Passenger Restraint Law, requiring older children to utilize a booster seat.
Having looked at rear-seat safety for years, the IIHS claims rear-seat occupants are now at a disadvantage compared to occupants in the front row. The group aims to develop a new evaluation method to encourage automakers to improve safety systems for back seat passengers and track their progress. (Read More…)
By
Matt Posky on April 24, 2019

Jaguar Land Rover finds itself in a truly unfortunate situation. Like many manufacturers, it mistakenly presumed China would be a continual source of sales growth. But JLR also has to contend with the uncertainty of Brexit and tightening emission rules across Europe. The one-two-three punch helped contribute to the $4.4-billion loss the company posted in its latest quarterly earnings report. Having also lost cash in the previous two quarters, the automaker says it will probably need to reduce its 42,500-person workforce by around 10 percent this year.
While there isn’t much to be done about the economic uncertainties surrounding Brexit, which now seems to be perpetually stalled, China really should have been better to JLR. Unlike their mainstream counterparts, luxury vehicles have fared much better in the Asian market. Unfortunately, it was not to be for Jaguar Land Rover; the company is now looking at North America the way an injured tightrope walker might view a safety net. (Read More…)
By
Matt Posky on April 24, 2019

Having completed a tribute to Vaughn Gittin Jr.’s 900-horsepower drift car with its Series 1 Mustang, RTR is moving onto Ford’s F-150 — delivering something akin to an unofficial Raptor appearance package. As with the coupe, the pickup attempts to provide RTR’s unique blend of automotive style and performance without obliterating drivability. However, we expect a bruiser to arrive later on, since RTR also sells several beefed-up versions (kits, really) of the Mustang.
For now, shoppers will have to make due with Series 2.0 shocks from Fox, 20-inch RTR Tech 6 wheels, 295/55R20 Nitto Ridge Grappler tires, and a throaty exhaust system from Ford Performance. The engine has not been modified. But RTR assured us that the custom grille does improve airflow to the radiator, which we suppose you could brag about in a pinch. (Read More…)
By
Matt Posky on April 23, 2019

Last summer, the European Union imposed an additional 25-percent import duty on top of the existing 6-percent tariff levied on large motorcycles. Established as a response to the United States’ duties on steel and aluminum, the move crippled Harley-Davidson’s ability to thrive in the European market — a region that accounts for about one-sixth of its global volume.
While much of the media is focused on framing Donald Trump for Harley’s plight, the situation is a little more complicated. The president’s tariffs did indeed spur the EU’s retaliatory fees, but it was Europe that decided to place its crosshairs upon the iconically American motorcycle brand. (Read More…)
By
Matt Posky on April 23, 2019

Instagram user eviil_srt, so named for his sinister-looking Chrysler 300 SRT8, posted a video in which he claims to have caught a production-ready Charger widebody in the midst of filming a commercial.
The video quality is perplexingly horrendous and involves plenty of unnecessary hooting noises coming from the camera operator, but we’ll cut him some slack. As a Mopar fan, he can’t be expected to remain sane in situations like these. Tapping down the enthusiasm is for saner people responding to other brands. (Read More…)
By
Matt Posky on April 23, 2019

Lincoln, eager to avoid the fate of Mercury, has spent years attempting to turn itself around. It’s a slow-and-steady kind of race. Rather than try to dazzle the public with a slick marketing campaign (confusing, perhaps – Ed.), Lincoln’s sticking to the fundamentals. Bludgeoned by the Great Recession, Lincoln’s sales actually began their steady decline in 2004, though by that time it had been losing market share for almost a decade.
Fortunately, things improved. While still far removed from its former strength, Lincoln’s annual domestic volume has stabilized at just above 100,000 units. Chasing sales will always be important for an automaker, but it’s not the main focus for Ford’s luxury nameplate. The brand believes that, if it can improve as a premium marque, volume will follow. (Read More…)
By
Matt Posky on April 22, 2019

Tesla celebrated “Autonomy Day” on Monday, broadcasting a web presentation to investors touting its self-driving strategy — part of CEO Elon Musk’s attempt to prove that the manufacturer’s longstanding commitment to the technology will bear fruit. While the mood was undercut by news of one of its vehicles spontaneously combusting in a Shanghai parking garage, the company stayed the course, focusing on autonomy instead of electrification.
Still, it wasn’t the fire that had investors seeking comfort. Tesla’s promise of fully self-driving vehicles is years old, with Musk initially pegging 2018 as the target date. That didn’t happen, with 2018 turning out to be the year the company faced elevated scrutiny over the effectiveness of its Autopilot system after a series of high-profile crashes. (Read More…)
By
Matt Posky on April 22, 2019

If Nissan and Renault were a living, breathing couple, they’d be the duo all of your other friends whisper about. They’d be the couple with the big house and seemingly successful children that everyone knows fights bitterly in the evenings — screaming at each other before retiring to their separate bedrooms. The relationship, while healthy in terms of financial productivity, has grown toxic on the corporate end of things.
Less than one month after Renault’s new chairman claimed a merger would be out of the question, the French automaker is once again pushing for integration. Nissan is having none of it and plans to reject the proposal outright, according to reports from Nikkei. (Read More…)
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