Posts By: Matt Posky

By on November 13, 2017

Faraday Future has issued a strange response to the criticism surrounding its most recent high-profile “staffing adjustment.” Last week, news broke that the startup automaker’s chief financial officer, Stefan Krause, left the firm in October — forcing media outlets to play catch up. When the information made its way to The Truth About Cars, we dug back into Faraday’s current condition and reported that things were still a mess at its California headquarters.

Unwilling to let the automotive media monopolize the conversation, Faraday released a response letter. In it, the company accuses Krause of being fired for “dereliction of duty” and said it would be taking legal action against him. It’s the first time the startup had updated its media page in months and is a peculiar reaction to a staffing change that, at the time, seemed like the least of Faraday’s worries. (Read More…)

By on November 12, 2017

Honda badge logo emblem

Honda Motor Co. is planning to install another round of replacement airbag inflators that have been improperly installed under an earlier recall. Unsurprisingly, these are Takata units and represent an expansion of an earlier recall from September that had also been incorrectly fixed. In both cases, the issue only affects passenger-side airbags.

The previous recall dealt with the 2008-2012 Accord, 2010-2012 Crosstour, 2006-2011 Civic, 2007-2011 CR-V, 2009-2012 Fit, 2010-2012 Insight, and 2009-2012 Pilot. The new fix will add another model to that list.  (Read More…)

By on November 12, 2017

2017 Toyota Tacoma TRD Pro – Image: Toyota

Despite President Trump giving Toyota significant praise for its continued investment in the United States last week, the success of the automaker’s production plans hinge on the continuation of NAFTA — something the Commander in Chief has been vehemently opposed to since his well-before his inauguration.

Toyota and Mazda’s $1.6 billion factory is anticipated to yield 150,000 Corollas annually and free-up assembly facilities in Mexico that would build the Tacoma pickup. However, if the North American Free Trade Agreement is dissolved, anything produced south-of-the-boarder could be subjected to the chicken tax. Were that to happen, Toyota would be placed into quite a predicament and faced with high import taxes on any trucks it had hoped to ship to the U.S. (Read More…)

By on November 11, 2017

F1 Nov 2017 Redbull

Last week, Ferrari CEO Sergio Marchionne expressed his distaste for what he perceived as a less-than-desirable update to Formula One’s engine rules. He even suggested the brand might remove itself from the sport if Liberty Media doesn’t reconsider some of its proposals for 2021.

“I understand that Liberty may have taken these into account in coming up with their views,” Marchionne said. “But I think it needs to be absolutely clear that unless we find a set of circumstances, the results of which are beneficial to the maintenance of the brand, and the marketplace, and to the strengthening of the unique position for Ferrari, Ferrari will not play.”

Still in the midst of discussions, Formula One took time to defend itself against Ferrari’s claim that the new rules would make it the global equivalent of NASCAR. (Read More…)

By on November 10, 2017

It’s been a while since we’ve discussed the ongoing plight of Faraday Future. While most of this year — and all of the last — was riddled with missteps from the automotive startup, we’ve taken a break from reporting on it. That wasn’t because its situation had improved, however. Oh boy, is that ever not the case.

Earlier this month, details emerged that the business was preparing to file for bankruptcy, followed immediately by the firm denying the validity of those claims. Then, news broke that Faraday’s chief financial officer, Stefan Krause, had quietly resigned in October — despite having been hired specifically to solve the company’s financial troubles back in March.

This got us wondering as to exactly how much more can go wrong before Faraday Future finally throws in the towel. (Read More…)

By on November 10, 2017

jim_hackett

“Ford’s future is not about giving up the car,” Jim Hackett, Ford chief executive officer, exclaimed at the Michigan CEO Summit in Detroit on Thursday. But he promises there will be “no dumb cars in the future.”

The executive was not assuring attendees that Ford has no plans to revive the Mustang II, rather, he was talking about the brand’s continued efforts to press onward into the development of electric, connected, and self-driving automobiles on a global scale. With Wall Street still fixated on tech, it would be surprising to hear any automotive executive say otherwise.   (Read More…)

By on November 9, 2017

Ferdinand Piech, Image: Volkswagen AG
After an extended battle with his family, Ferdinand Piëch has finally acquiesced to resign from the board of Porsche Automobil Holding SE and sell off his remaining shares. At 80 years of age, leaving VW Group’s parent company was probably long overdue for Piëch, but you can’t help but wonder if the manner in which his retirement unfolded hasn’t left him bitter.

Still, with his 14.7 percent stake rumored to be worth over a billion euros, he’ll have the means to stage the most elaborate revenge any of us could possibly imagine — assuming that’s what he intends. One certainly could make the case that he’d have valid reasons for doing it.  (Read More…)

By on November 9, 2017

Carlos Ghosn

Everyone in the automotive industry is talking about a grand shift toward mobility, resulting in a future where nobody owns cars and we all putt around in autonomous pods. Well, almost everyone. Carlos Ghosn, who currently chairs the alliance between Nissan, Renault, and Mitsubishi, thinks that’s a crock.

While there’s plenty of executives keeping quiet on the evolution of ownership, few have come forward suggest business as usual will be the new status quo. Meanwhile, swaths of industry experts are pushing the notion that rental services, ride-sharing, and firms like Uber or Lyft will eventually replace the need for dealerships and garages.

Not Carlos. (Read More…)

By on November 9, 2017

zr1 leak

With the Corvette ZR1 currently off the table, Chevrolet has eased the existing Stingray into a comfortable 450 to 650 horsepower. While that might be enough to trounce just about anything you might encounter on the daily commute, it doesn’t have the necessary might to embarrass a Lamborghini Aventador with total assurance.

That’s unfortunate, as one of the Corvette’s best attributes is being able to bully European exotics sitting at a much higher price point. While America does have a handful of muscle and pony cars that can do the job, the majority would have trouble accomplishing that feat going any direction other than straight. So, with Dodge’s Viper now absent from the automotive landscape, we could really use the ZR1 right about now.

Fortunately, it’s coming soon and it’s bringing 750 horsepower with it. (Read More…)

By on November 8, 2017

2018 Jeep Wrangler Interior

Jeep has gradually parsed out photos of the 2018 Wrangler over the past couple of weeks, and now we have shots of the new model’s interior. It looks a hell of a lot nicer than the outgoing version, albeit slightly more cluttered with tech. However, the fundamentals remain constant — vertical orientation, passenger grab bar, center-mounted window switches, and circular air vents all persist on the new model.

Compared to the previous generation, the new Wrangler’s interior is absolutely brimming with interesting trim pieces and digital screens. The dashboard has color-matched plastic and the same goes for the stitching, although that is likely an optional extra. Both the six-speed gear selector and transfer case knob are shrouded by shift boots and the array of buttons appear large and clearly labeled. (Read More…)

By on November 8, 2017

Donald Trump, public domain

On Monday, President Donald Trump requested that Japanese automakers consider assembling their vehicles in the United States. “Try building your cars in the United States instead of shipping them over. That’s not too much to ask,” Trump told Japanese auto executives during this week’s visit. “Is it rude to ask?”

While the internet response was to immediately scoff at how little Trump knew about the industry (Japanese companies have been building automobiles in North America for decades), the reality was far more nuanced.

Taken in the broader context, Trump actually said, “Several Japanese automobile industry firms have been really doing a job. And we love it when you build cars — if you’re a Japanese firm, we love it — try building your cars in the United States instead of shipping them over. Is that possible to ask? That’s not rude. Is that rude? I don’t think so.” (Read More…)

By on November 8, 2017

Ford/Zotye Agreement

In August, Ford began exploring a possible joint venture with Chinese automaker Anhui Zotye to build electric vehicles in China. While we didn’t know what they would be building exactly, sales of battery-only and gasoline-electric hybrids in China rose by 50 percent last year to roughly 336,000 deliveries — odds were good that whatever came of the team-up would remain in Asia.

Then, on Wednesday, the two companies reached an agreement. Ford and Zotye have greenlit a $756 million joint venture for the creation of an entirely new brand focused on small EVs. The vehicles will probably be among the most petite Ford will offer in Asia, as it has already committed itself to shifting at least 70 percent of Ford-branded vehicles sold in the country to electrified powertrain by 2025. The new brand will also produce “city cars” as its primary stock.   (Read More…)

By on November 7, 2017

waymo-pacifica

After spending most of last week showing off its tech to the media, Waymo is launching its driverless pilot program in Arizona. While the rides won’t technically begin for a few months, you can already get a taste of the action via video footage of company’s trio of testbed Chrysler Pacificas.

It’s impressive to see the Pacificas not run down any pedestrians, especially since none of them seemed to notice being approached by a van without a driver.

During a keynote speech at a tech conference in Lisbon, Portugal, Waymo CEO John Krafcik showed video of the firm’s test vehicles operating on public roads without any human supervision. “This wasn’t just a one-time ride or a demo,” Krafcik told the crowd. “What you’re seeing now marks the start of a new phase for Waymo and the history of this technology.” (Read More…)

By on November 7, 2017

Lamborghini Terzo Millennio

Lamborghini has a long history of ludicrous designs. When the Miura came out in 1966, it was unlike anything that had come before. The following decade yielded the Countach, which possesses a wedge-shaped geometry that would still look at home in any sci-fi romp Hollywood could muster. But, while Lamborghini continues to produce stunning automobiles, it’s the company’s concept vehicles and one-offs that push the styling envelope clear off the desk.

The Aventador-based Veneno is a personal favorite. However, other bonkers examples, like the Egoista, Athon, and Marzal leave me wondering what might have been if the manufacturer figured out how put them into production. Its newest concept car is no exception. In fact, Lamborghini has to find a way to build it, as it’s too beautiful to exist as just a dream.  (Read More…)

By on November 7, 2017

vacuum cleaner

As you know, Dyson, the vacuum/hairdryer manufacturer, is moving into electric vehicles. The company has made plans to introduce a radical example (with new solid-state batteries) to market by 2020 that will suck and blow you away. But you only found out last year, which was long after Tesla Motors caught wind of a fresh competitor on the horizon.

Apparently, an engineer spilled the beans to Tesla’s legal representation around the same time he was being interviewed for a position at the automaker. If you’re wondering if he got the job, he did.

This is the second time Dyson’s plans for EV secrecy went haywire. Its public announcement wasn’t supposed to be until September of this year. However, a slip-up by the British government saw its National Infrastructure Delivery Plan mention that the public would help fund the company in “developing a new battery electric vehicle” — giving away the secret in 2016.  (Read More…)

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