Posts By: Matt Posky

By on August 6, 2017

Müller-Ötvös and Rolls-Royce Phantom

Rolls-Royce Motor Cars Limited is on track to become the highest volume automaker in the world someday. Management is keeping it under wraps but volume has been exploding over the last few years. For 2014, the brand delivered a record 4,063 cars, up 12 percent on its volume for 2013 — closing the gap with Toyota’s 10.23 million global sales.

Unfortunately, Rolls’ five year volume streak didn’t last but it is creeping back up after some minor setbacks. For 2016, the brand announced its second highest ever annual sales result in the marquee’s 113-year history, up 6 percent on its 2015 results, for a total of 4,011 global sales. While it looks like the premium automaker has — once again — placed Toyota’s volume back in its sights, Rolls-Royce doesn’t want to get too cocky and has implemented a strategy that should keep the customers pouring in.  (Read More…)

By on August 4, 2017

Volkswagen VW Badge Emblem Logo

Oliver Schmidt, a German national and Volkswagen’s former emissions compliance manager in the United States, pleaded guilty in the U.S. District Court in Detroit for his role in the massive diesel emissions scandal. However, he didn’t cop to the complete list of charges.

Instead of the 11 felonies and 169 years of possible prison time he was initially charged with, Schmidt is down to just a couple — conspiring to mislead U.S regulators and violating the Clean Air Act. This makes him eligible for a maximum of seven years behind bars or, more likely, no jail time at all.  (Read More…)

By on August 4, 2017

model car mechanic

Mechanics at roughly 130 new car dealerships in Chicago went on strike Tuesday morning. According to the Automobile Mechanics’ Union Local 701, nearly 2,000 grease monkeys threw in the towel before also tossing a wrench into dealer maintenance schedules — leaving customers to fend for themselves.

On the first day of the strike, Mark Bilek, senior director of communications for the Chicago Automobile Trade Association, issued a statement that most affected dealerships would remain open with partially functional service centers. “They may not be performing complex repairs, but oil changes, stuff like that, it’s business as usual,” said Bilek in a statement.

However, the union stated that wouldn’t last for long if demands were not met.  It has been bargaining with the New Car Dealer Committee since June, citing uncompensated time, unacceptable schedules, unsatisfactory pay, and no opportunities for career progression as its chief complaints. Deadlocked since negotiations began, the union decided to halt all work at the beginning of August — despite Bilek’s assurance that customers could still get their oil changed or tires rotated.  (Read More…)

By on August 4, 2017

Mazda Driver's Choice YouTube Screenshot - Image: Mazda YouTube Channel

Toyota Motor Corp. is set to strike a deal to take a 5-percent stake in fellow Japanese automaker Mazda Motor Corp. The alliance includes the construction of a joint-venture $1.6 billion U.S. automotive plant and sharing EV technology — showing that Mazda hasn’t totally sworn off the idea of an electric car.

The two companies have been dating casually for a couple of years; Toyota sometimes uses Mazda’s Mexican factory to build compact cars, the two have fostered a love child (the Mazda 2-based Toyota Yaris iA), but this is the first time they’ve seriously considered moving in together. Toyota claimed the decision was about more than just a strategy to share technology, suggesting the automakers had genuine feelings for one another.

“The greatest fruit of our partnership with Mazda is that we have found a new partner who truly loves cars,” Toyota President Akio Toyoda said in a statement, “It has also sparked Toyota’s competitive spirit, increasing our sense of not wanting to be bested by Mazda. This is a partnership in which those who are passionate about cars will work together to make ever-better cars. It is also the realization of our desire to never let cars become commodities.”

(Read More…)

By on August 3, 2017

dodge performance

Fiat Chrysler Automobiles has filed an application with the United States Patent and Trademark Office to trademark the term “Angel.” Submitted on July 17th, the name would be applicable to FCA-branded vehicles, specifically passenger automobiles, their structural parts, badges, and trim.

Is this to be a special edition Dodge SRT Demon emblazoned with blinding white bodywork or a electric economy car named to poke fun at the beastly coupe? Either way, FCA could certainly use something angelic in its lineup, because the heavenly Pacifica can’t be left to do all the heavy lifting.  (Read More…)

By on August 3, 2017

nafta-secretariat

Mexico and Canada are finally in agreement that NAFTA could use an update, not that the Trump administration gave them much of an opportunity to refuse renegotiations. However, after taking a critical look at the two-decade old agreement, representatives from all three nations have reached the consensus that it’s time for a change.

At Wednesday’s CAR Management Briefing Seminars, Colin Bird, minister-counselor for trade and economic policy at the Canadian Embassy, and Francisco Sandoval-Saqui, a Mexican trade official for his country’s Ministry of the Economy, laid out their country’s agendas for the NAFTA trade talks slated to begin in Washington, DC on August 16th.

Both countries are eager to make cross-border trade more fluid without handing an unfair advantage over to the United States. President Trump has previously accused NAFTA of being “the worst trade deal maybe ever signed anywhere, but certainly ever signed in this country,” and immediately moved to dismantle it upon taking office. While his stance has softened over the last few months and the reins have been handed over to Robert Lighthizer, Trump has remained bullish on the issue — claiming domestic automakers are giving away U.S. jobs and income to Canada and Mexico.  (Read More…)

By on August 3, 2017

Volvo-self-driving-car

Suppliers have begun putting automotive companies on blast for overly ambitious mobility claims. While self-driving cars are definitely en route, manufacturers have ramped up their arrival time and omitted the necessary pit stops to win favor with investors or the general public. Meanwhile, parts suppliers have been frank on the matter — explaining they know when autonomous cars are really coming because they’ll be the ones providing the tidbits that make them work.

Don Walker, CEO of Magna International, one of the world’s largest OEM parts suppliers, suggests automakers may even be misleading their customers. “A full autonomous vehicle is a long way off for lots of reasons, because of legislation, class-action lawsuits, all the complexities and the costs associated with it,” the executive said.

Speaking Wednesday at the 2017 Center for Automotive Research Management Briefing Seminars, Walker also took umbrage with the popular claim that electric vehicles could comprise around 25 percent of the new market by 2025. Instead, he claims EVs will only account for 3 to 6 percent of the global market within that timeframe — a figure predominantly dependent on how swiftly the highly regulated Chinese market grows. (Read More…)

By on August 3, 2017

Top Gear America screengrab

Automotive television is, at best, a mixed bag. At worst, it’s a cultural wasteland of gimmicky programing that persists only because of our deep love for cars, bolstered by a handful of engaging personalities. Suggesting that I am generally dubious of any new car-related entry into the entertainment landscape would be a gross understatement. So, when the rebooted Top Gear America aired over the weekend, my expectations were already incredibly low.

I suppose the nicest way to phrase this is by saying it did not exceed those expectations.

While it attempts to capture the magic of vintage Top Gear in much the same way the current British version strives to, the first episode fell far short of the mark. Whether that’s down to the hosts not having adequate time to develop legitimate chemistry or a systematic flaw in the show’s design remains to be seen. But something is definitely wrong here.

Episode One felt extremely awkward, although not entirely hopeless. And I’ve reminded myself that I didn’t much care for Richard Hammond the first time I saw him on the screen, either. Fast forward 15 years and I enter into a panic every time he’s in a scrape, terrified that God might take that adorable little man away from me. (Read More…)

By on August 2, 2017

nissan emblem badge logo

The United Auto Workers has accused Nissan of illegally intimidating workers at its Canton Manufacturing and Assembly Plant in Mississippi, calling its activities one of the “nastiest anti-union campaigns in the modern history of the American labour movement.” The alleged misdeeds include running anti-unionization videos on loop in factory break rooms and convincing plant managers to pull workers aside to discourage them from voting in favor of the UAW this Thursday and Friday.

However, if Nissan is guilty of rabid anti-union measures, the UAW is likely guilty of countering the company with its own door-to-door campaign. Southern states haven’t been as receptive to unionizing as the UAW would like, and the organization has doubled its efforts to get the Canton workers on board, hoping to negotiate higher wages and improved benefits.  (Read More…)

By on August 2, 2017

Ferrari emblem logo

Ferrari will likely add a comparatively spacious four-seat “utility vehicle” to its lineup in the hopes of bolstering volume and doubling its profits by 2022. The strategy certainly has worked for Porsche. So well, in fact, that Lamborghini has made plans to introduce the Urus SUV for 2019 — using Volkswagen Group’s MLB platform. The spiritual successor to the wild LM002 is expected to outperform Bentley’s ludicrous Bentayga and would likely be Ferrari’s chief rival in the super sport utility segment.

The concept of a Ferrari-built SUV has drifted around the automaker’s Maranello and Amsterdam offices for a few years, but now inside sources claim a comprehensive strategy for the vehicle should be unveiled by 2018. However, enacting it would fundamentally change the brand.

As a low-volume automaker, Ferrari is not subject to the same rigid emissions regulations imposed on other car companies. But CEO and sweater aficionado Sergio Marchionne has been pressing the company to increase volume ever since taking the company’s helm in 2014, consequences be damned.  (Read More…)

By on August 2, 2017

Nissan’s new Rear Door Alert technology can help remind driver

Nissan is rolling out a safety feature called Rear Door Alert on the 2018 Pathfinder SUV. It’s aimed at preventing drivers from accidentally leaving items in the backseat on a hot day — important things like groceries, children, and dogs. While the automaker bills the feature as the “first-of-its-kind,” it’s essentially an improved version of General Motors’ Rear Seat Reminder.

According to Nissan, Rear Door Alert was developed by two engineers who also happen to be mothers. Elsa Foley is an industrial engineer and mother of two, while Marlene Mendoza is a mechanical engineer with three kids of her own. They were allegedly struck with the idea when Mendoza abandoned a pan of lasagna in her car, which made the interior reek of pasta  — hitting home the point that this system was definitely not inspired by another automaker. (Read More…)

By on August 1, 2017

honda fit grille

Exchange rates seriously hurt Japanese manufacturers over the past year as the yen bobbed and weaved following 2015’s surge. However, Honda was not among them. The final quarter of 2016 saw the automaker posting a 27 percent earnings increase, despite being hammered by the same foreign exchange losses as the rest of its Pacific brethren.

The first quarter of 2017 appears to have shaped up much the same way, only with slimmer margins — exactly as Honda predicted. Knowing that the North American market was about to take a turn for the worse, company analysts clung to the hope that more favorable currency rates and higher-than-expected sales in Asia would keep operating profits out of the red. Earnings ultimately creeping ahead by 0.9 percent to 269.21 billion yen ($2.40 billion) for Q1 — no thanks to the United States.  (Read More…)

By on August 1, 2017

rusted truck interior old

You might not have noticed, but car interiors are growing increasingly more complex — not just in how they incorporate technology but also in the materials used. While the 1990s were awash in gray or beige plastics and upholstery, today’s vehicles source furnishings from a vastly broader palate.

Hyundai’s Ioniq is a prime example. In addition to using recycled plastics, it also uses bio-fabrics for the headliner and carpeting. Hyundai has also touted the use of sugarcane as a component for the interior’s soft-touch materials, while powdered wood and volcanic ash hides in harder surfaces.

OEMs are always trying to provide customers with something they can’t get elsewhere. More colors, different trim pieces, eco-friendly materials, and little embellishments that could be the deciding factor. Higher-trimmed vehicles from 2o years ago were primarily set apart by their upgraded mechanical components, adjustable seats, and superior electronics. With today’s vehicles already so well appointed, manufacturers are implementing custom stitching, chrome accents, and decorative lighting on a mass scale to inform occupants, “This is not a base model!”

It’s great news for consumers, but suppliers are scrambling to predict what automakers and their buyers will want next. (Read More…)

By on July 31, 2017

lynk-and-co-01-sedan

Ford Motor Company is finally challenging Geely Holding Group’s trademark application for the Lynk & Co automotive moniker. We’ve been waiting on this one for a while and are a little curious as to why it took Ford so long to realize the Geely-backed brand sounded so similar to Lincoln Motor Company.

While Chinese manufacturers enjoy a rich history of borrowing designs and names from competing automakers, the brunt of their more brazen attempts at thievery exist in the past — probably because they traditionally end up in court. Geely also has the benefit of plausible deniability since the Lynk name is supposed to hint at the vehicle’s unparalleled level of connectivity. It would be reasonable to assume this was a big coincidence.

Still, even if that is the case, nothing is going to halt the corporate litigation train now that it has left Ford Station. (Read More…)

By on July 31, 2017

used cars used car lot

Earlier this year, auto lenders assured us that the stagnating car market and an unprecedented number of off-lease vehicles flooding into used vehicle lots would coalesce into the perfect storm of unprofitability. However, despite stoking the flames of terror at the beginning of the year, automotive lenders are doing just fine.

We’re sure you’re all very pleased to read car financiers are still doing so well and have likely collectively exhaled a sigh of relief. But there’s more good news. Some of these companies aren’t just surviving, they’re thriving. Several have even reported record high profits, even though used car prices continue to fall. It may be time to pop the champagne corks, pour out the bubbly, and hoist our glasses for the financial institutions we all love so dearly. (Read More…)

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