Even though we’ve seen it before, Chevrolet brought the 2019 Corvette ZR1 to the L.A. Auto Show to unveil its sizable price tag. Despite the six-figure sticker, the unabashedly American car manages to be a comparatively good deal for those in the market for a “budget” supercar. That doesn’t mean the ZR1 comes up short on specs. With its LT5 6.2-liter supercharged V8 pumping out 755 horsepower and 715 lb-ft of torque, it’s an SAE-certified monster of the highest order.

With a starting price of $119,995, the ZR1 remains more affordable than many exotic offerings with fewer ponies under the hood. If you need the wind in your hair, General Motors is also willing to provide a convertible variant with an MSRP of $123,995.  (Read More…)

Toyota Motor Corp. is shuffling its management team because it’s worried about the automotive industry’s uncertain future. The changes, announced this week in Tokyo, take effect at the start of the new year. Toyota wants to diversify its corporate leadership in order to handle the changing shape of car building and the growing role of “mobility.”

However, an argument can be made that the company might be browning its pants prematurely. While the current nature of the automotive industry appears to be evolving into something else, it won’t happen overnight. Still, company president Akio Toyoda talks of the shifting winds as if someone has placed a gun to his head.

“Over the next 100 years, there is no guarantee that automobile manufacturers will continue to play leading roles in mobility,” Toyoda explained. “A crucial battle has begun — not one about winning or losing, but one about surviving or dying.” (Read More…)

The automotive industry is wary of any changes that might be made in regard to the North American Free Trade Agreement. Fortunately for them, little progress has been made during the last few months of negotiations. But that doesn’t create an assurance that changes aren’t still en route. So, manufacturers and suppliers have banded together via various trade groups to voice their opinion on how to best handle NAFTA.

Meanwhile, the Trump administration has attempted to make itself appear friendly to the automotive business. Continuing these efforts, Vice President Mike Pence has met with General Motors CEO Mary Barra, Fiat Chrysler’s Sergio Marchionne, Ford North America President Joe Hinrichs, and a handful of other top-tier auto executives. (Read More…)

Hyundai Motor Company has, once again, found itself at the mercy of an unhappy workforce. No stranger to labor disputes, the company hinted that it might scale back its at-home labor in South Korea — presumably aware that the possible response would be negative, which it was. But the timing couldn’t be worse.

The Kona crossover is believed to be the model that will turn things around for Hyundai in the United States, but a new labor strike has put the export vehicle’s production on hold only a week after it started. (Read More…)

If you ask any terrible motorist how skilled they are behind the wheel, the response is often the same. “Oh, I’m a great driver,” they’ll say with a self-assured smile. Meanwhile, you’re left holding back a series of screaming rants that involve first-hand accounts of why their claim couldn’t possibly be accurate. But what about the rest of the country?

As it turns out, the general consensus in the United States is that most people think they’re a fine driver. But things get a little more complicated when you drive into people’s habits behind the wheel. In a recent survey, Driving-tests.org found that 60.8 percent of surveyed Americans thought they were an above-average driver. While that percentage can only be an impossibility, some of the claimed behaviors were slightly better than a comparative sample of international respondents.  (Read More…)

You would think you’d be happy when a peer succeeds and goes on to greater things, but the reality is often a little grimier and less magnanimous. Genesis has been a sore subject around Hyundai Motor Company ever since the automaker spun it off into its own brand. However, this has less to do with its role as an elite nameplate and more about how to manage it as part of the greater whole.

Earlier this month, dealers expressed their dismay by walking out of a meeting with Hyundai Motor America’s executives — which included CEO Kenny Lee and COO Brian Smith. The incident didn’t last particularly long and the conference eventually got back on track, but it proves there’s unresolved issues as to how the Genesis brand should be handled. (Read More…)

The American automotive industry is facing a problem that has nothing to do with supplier relations or regulatory handicaps. Apparently, domestic auto workers are getting addicted to drugs at an alarming rate. As a Michigan native, my childhood frequently included evenings at the local bowling alley where shop rats would go to tip back a few after the end of their shift. But, with the exception of an occasional “funny smelling cigarette,” you never really heard about anyone having troubles with more illicit substances.

However that’s exactly what the Detroit Three appear to be faced with, according to George Washington, an employee-assistance representative for General Motors. Washington claims line workers are becoming addicted to opioids and even crystal meth at a frequency that’s causing concern.   (Read More…)

With the conclusion of the 2017 season, Formula One decided it was time to unveil its new logo at the Abu Dhabi Grand Prix. The change underlines a “new era” for the sport under Liberty Media and, admittedly, does seem to be a bit more with the times.

While it was a fine race, Valtteri Bottas beat both Lewis Hamilton and Sebastian Vettel, there was no upset in the final standings. Hamilton had secured ultimate victory for himself and Mercedes earlier in the season, while Vettel and the Ferrari team held onto second place. Bottas took third overall, leaving the new logo as the only genuine surprise of the day. (Read More…)

A quartet of suspected baddies were arrested on Friday after being caught with four vehicles believed to be stolen from a Tesla dealership in Salt Lake City. While an automotive theft ring isn’t anything special, the way in which this particular incident unfolded is beyond strange.

According to South Salt Lake police detective Gary Keller, the incident began around 1 a.m. when a Highway Patrol trooper conducting a traffic stop near the dealership noticed a sparkly new Tesla vehicle stop behind his squad car. Smelling something fishy, the patrol trooper assumed the driver wasn’t the owner of the car and called for local backup as he conducted another stop.

Keller said the man had a bag of keys on his person and told police he had come to return the vehicle to the dealership. “I don’t know if he had a guilt complex or whatever, but he claimed his name was Tesla and once [police] started talking to him, he didn’t want to talk to police; he wanted an attorney,” Keller explained. (Read More…)

You’ve no doubt heard about net neutrality over the last few years. But, in case you haven’t, net neutrality is the principle that forces Internet service providers to treat all data on the Internet equally. It forbids them from discriminating on subject matter or charging different fees based upon the user, site content, website, platform, application, or method of delivery. Essentially, it makes the internet into a tap where you pay one flat fee for access to all content.

That could soon change. On Tuesday, the chairman of the Federal Communications Commission announced plans to repeal the landmark neutrality order from 2015. FCC head Ajit Pai, a Republican appointed by President Donald Trump in January, said last year that he believed net neutrality’s “days were numbered.”

Pai has been criticized for being overly supportive of telecom companies. But a few automakers support his cause, as some of the FCC’s regulations have been at odds with autonomous car development.  (Read More…)

The 60-day auto delinquency rate continued to climb through the third quarter of 2017. Driven primarily by “relaxed” underwriting standards from years past and increasing subprime originations, TransUnion’s senior vice president and automotive business head, Brian Landau, said two-month payment lapses rose 7 basis points to 1.4 percent.

At the same time, the average balance of outstanding auto loans increased by around 5.9 percent, resulting in the lowest year-over-year growth rate since the third quarter of 2012. The group’s Industry Insights Report cited this quarter’s serious auto loan delinquency rate as the highest observed since Q3 2009 — you know, when nobody had any money to pay their bills. (Read More…)

In the midst of Uber Technologies’ corporate restructuring and cultivation of a squeaky-clean new image, the ride-hailing company was apparently hiding a dark secret. Striving for transparency, the company has now confessed that hackers stole the personal information of 57 million customers and drivers in October of 2016.

The coverup, apparently conducted by the firm’s chief security officer and another staff member, involved over $100,000 in payments to the hackers in the hopes to keep them quiet. The data lost included names, email addresses, and phone numbers of around 50 million Uber riders across the globe. Another 7 million drivers were also subjected to the digital attack, with over half a million of those losing their driver’s license numbers.  (Read More…)

Carlos Ghosn, CEO of the Nissan-Renault-Mitsubishi Alliance, says automakers are going to have to get comfortable with suppliers doing more of the work as the industry evolves. With in-car technologies progressing more rapidly than ever before, the alliance head says engineers will have to lean on parts providers to take the burden off its own engineers.

Ghosn even said he had recently spoken to supplier who accused him of not listening. “They said we are duplicating [their] work,” the CEO recalled.

“They said, ‘We are developing the same things, and at the end of the day, you’re going to order parts from me, and you’re going to pay twice — for your own development and for mine. So why don’t we start from the beginning to work together?’ That’s an important point,” he said. “We are now probably one of the largest buyers in the world.”

The automotive collective intends to sell more than 14 million vehicles annually by the end of 2022, which represents an increase of about 3.5 million units from the expected volume for 2017. The strategy includes more shared platforms and powertrains between brands, a dozen EV models, and a fleet of autonomous taxis.  (Read More…)

Late last week, Toyota announced it will conduct separate U.S. safety recalls of around 28,600 C-HR crossovers from the 2018 model year and approximately 39,900 Prius Plug-in Hybrids from 2012-2015.

For the affected C-HRs, there’s a possibility that the electronic parking brake might not operate properly. Toyota claims there is a chance the parking brake won’t disengage after it is applied. There is also a chance the faulty electronics might prevent it from being applied in the first place, which is a little more serious. In addition to creating a possible rollaway risk in certain situations, the automaker says it would be in noncompliance with a federal safety standards. (Read More…)

Endurance racing is often something you put on while you are doing another activity. As the events are far too long to devote the totality of your attention to, a typical strategy would be to enjoy the start of the race and check in whenever you hear the announcers panic. Sadly, that meant I missed the highlight of the WEC’s 6 Hours of Bahrain while running out to get food.

I’m not talking about the moment the Gulf Racing Porsche 911 LM GTE collided with the 919 LMP1 and practically handed Toyota the first-place finish. I’m referencing when a cat wandered out onto the track and was almost creamed by oncoming traffic. It was, without question, the most tense moment in racing I have ever witnessed. (Read More…)