Posts By: Matt Posky

By on July 3, 2017

2017 Hyundai Tucson - Image: Hyundai

Since 2009, Hyundai’s North American volume has seen record sales every single year. While the last few annual assessments haven’t resulted in the same volume boom as the immediate post-recession years, the company hasn’t seen any shrinkage — despite below-average incentive spending and a lineup that doesn’t exactly sync with the region’s evolving automotive tastes. Hyundai dealers are probably singing the brand’s praises and getting its logo tattooed on their staff then, right?

Not quite. While Hyundai has achieved nearly a decade of growth in the Wild West, dealers are growing increasingly disappointed with its tactics and are less than enthused about future business prospects — especially as it doesn’t appear Hyundai has any interest in scaling back car volume for the sake of SUV sales.

In fact, while both the Hyundai Elantra and Sonata remain higher-volume models, both have undergone a noticeable delivery decrease since 2012. Meanwhile, sales of utility vehicles like the Santa Fe and Tucson have nearly doubled in the same timeframe. Hyundai put 62,817 Tucson SUVs onto North American roads in 2012, and that figure rose to 113,502 last year. It could have been more, had the company been better at supplying those vehicles.  (Read More…)

By on July 3, 2017

tesla-model-3

Production of the Model 3 is set to begin two weeks ahead of schedule, according to Tesla Motors chief executive and second most famous Twitter user in America, Elon Musk. While that news would probably be more exciting if we had ever been given a definitive timeline for the vehicle, the CEO claims it should equate to the very first car rolling off the assembly line by the end of this week.

“Model 3 passed all regulatory requirements for production two weeks ahead of schedule. Expecting to complete SN1 on Friday,” Musk tweeted late last night, causing half a million Tesla fans to engage in a collective round of giddy, high-pitched squealing. However, the most enthralled members of the company’s rabid fan base are likely to be the 30 people who get to wrap their quivering digits around the steering wheel of their very own Model 3 before the end of July.  (Read More…)

By on July 2, 2017

Toyota Camry Assembly Factory Georgetown

Toyota is claiming that its TNGA modular platform represents more than a sea change for the Camry. It points to an entirely new direction for the company as a whole, highlighting its commitment to American manufacturing and a future involving more exciting vehicles.

While the latter remains to be seen, the Toyota New Global Architecture has warped the company’s midsize sedan into something almost unrecognizable. With substantially “more-aggressive” styling, the Camry is also boasting efficiency and performance gains — thanks to the platform’s low center of gravity and increased rigidity. But Toyota doesn’t want to keep the technology limited to America’s best-selling sedan, the architecture and concept are set to be baked into future vehicles as well. Because what good is cost-saving modular platform if you are only use it on a single model?  (Read More…)

By on July 2, 2017

McLaren Ron Dennis 1990 Phoenix Grand Prix

British automotive magnate and principal of McLaren’s Formula One team for all the years that really matter, Ron Dennis, has cut his remaining ties with the company he is so synonymous with.

Having helped lead the F1 team to victory since the 1980s with legendary drivers like Niki Lauda, Alain Prost, Ayrton Senna, Mika Häkkinen, and Lewis Hamilton — while also serving as CEO, chairman, and founder of McLaren Technology Group — it was almost unfathomable to see him removed from his position as head of the company last year. However, we assumed he’d be sticking around on the board for a while.

That hasn’t turned out to be the case. Dennis is selling his remaining stock to Mumtalakat, the Bahrain sovereign investment group, and the French-Saudi entrepreneur Mansour Ojjeh for an estimated £275 million ($362 million).  (Read More…)

By on June 30, 2017

BMW Spartanburg Assembly Plant Factory

As the Trump administration applies pressure to encourage companies to manufacture goods within U.S. borders and bolster American employment (or potentially face towering tariffs), the president has more recently come out against foreign automakers directly. In late May, Trump responded to criticism from German Chancellor Angela Merkel by accusing her country of having a trade surplus with the United States — claiming its automakers send vehicles to North America while providing little else. Trump has levelled similar criticism at China.

However, there’s a problem with his assertion. Foreign companies may not always contribute the majority of their wealth towards improving the U.S. economy, but they do invest heavily into the country. In fact, a recent analysis of federal jobs data shows two-thirds of the 656,000 manufacturing jobs created between 2010 and 2014 can be attributed directly to foreign investment.

Accurate employment figures for the following years aren’t yet available. But, with an additional $700 billion in capital coming in from non-domestic sources, total foreign investment reached $3.7 trillion by the end of 2016 — a new record.  (Read More…)

By on June 30, 2017

EcoBoost Mustang Burnout, Ford Motor Co.

In a move that will make my next rental car choice slightly more difficult, Ford has decided to equip the entirety of its Mustang lineup with electronic line locks as a standard feature. While the technology has become almost ubiquitous among V8-powered American muscle cars, it’s a welcome addition to the smaller-displacement models.

Now, more hooligans can undertake longer, safer, more glorious burnouts without abusing their rear brake pads — be it while warming the tires at the drag strip or just showing off for dumb friends in a parking lot. Hopefully, the good people at Avis don’t mind losing a little tread on the rear tires.  (Read More…)

By on June 29, 2017

 

Porsche Leipzig Plant - Image: PorscheWhile the United States concluded its investigation into Volkswagen Group’s diesel emissions scandal months ago, the wheels of justice turn appear to turn more slowly in Germany.

Prosecutors in Stuttgart have launched a preliminary investigation into employees at Porsche to assess whether they were involved in designing any of the company’s emissions-cheating software. Porsche is the latest addition in a governmental probe against Volkswagen Group. German prosecutors have already launched a formal investigation against the core brand and Audi.

Prosecutor Jan Holzner explained on Thursday, however, that the Porsche inquiry was not yet a formal investigation. The same could not be said of managers at Bosch, who Holzner believes may have had a role in aiding and abetting Volkwagen’s emissions fraud.  (Read More…)

By on June 29, 2017

used cars used car lot

People aren’t buying nearly as many new cars these days, but at least one aspect of the vehicular marketplace is still thriving — auto auctions. Nearly 18 million vehicles were eligible for the auction block in 2016.

While not all of those 18 million vehicles were sold, they still pushed the business beyond the $100 billion mark and made 2016 the best year on record, continuing five years of industry growth.

Thanks largely to swollen used car inventories, 2017 looks to continue that trend. Volume for 2016 was up 2 percent over the year before and has continued to creep upward at the start of 2017.  (Read More…)

By on June 29, 2017

fuel gauge

A recent study from Consumers Union — the public policy and advocacy division of Consumer Reports — shows continued interest among U.S. residents in seeing automakers improve fuel economy figures, even as gas prices remain fairly low.

While this should come as a shock to no one, nearly nine in 10 surveyed consumers agreed automakers should continue improving fuel efficiency standards on all vehicles. As well, only 30 percent believed manufacturers actually cared about lowering fuel costs for their customers.

This might be true but, then again, why would automakers do such a thing when the general populace has essentially turned its back on economical passenger cars? With little incentive to sell them, especially if the Trump administration alters 2025 emission targets, any top-tier automaker focusing exclusively on building MPG-focused automobiles would be placing itself at major financial risk.

The survey indicated fuel economy as the area perceived to possess the most room for improvement in modern vehicles. However, consumers have not used their wallets to bolster economy car sales. There appears to be a disparity between what the public claims to value and how it actually behaves. At a minimum, consumers may have misunderstood everything it would take to see fleet-wide fuel consumption decline. If they want to see higher MPGs, they’re going to have to make some sacrifices and the survey doesn’t allude to that fact.  (Read More…)

By on June 28, 2017

nissan leaf charging electric car

Federal tax credits for electric vehicles won’t last forever, especially under the Trump administration. While it’s difficult to quantify exactly how many people saw the $7,500 rebate as the deciding factor to “go green,” there is little doubt that it factored into the final purchasing choice of some buyers.

California has made the promotion of zero-emission vehicles a matter of great concern. With General Motors, Nissan, and Tesla all gradually approaching the 200,000-unit quota for vehicles eligible for the tax rebate, the state doesn’t want to see buyers lose purchasing incentives prematurely. With that, California is considering a bill that would provide discounts to EV shoppers at the time of purchase, essentially reducing the sticker price before the car even leaves the lot.  (Read More…)

By on June 28, 2017

BMW 2 Series, Image: BMW

BMW plans to streamline its manufacturing process by providing fewer model variants and eliminating less popular engine or equipment options. The goal here is to free up capital for research and development spending in the coming years, according to a Wednesday announcement from the brand’s chief finance officer, Nicolas Peter.

With most German automakers already pushing heavily into the realm of electric vehicles, BMW’s strong presence in China is forcing it to further bolster its efforts in EV development. The country’s particularly aggressive emission regulations and mandates on electric vehicle sales means any manufacturer hoping to persist within its borders will have to ensure 12 percent of its fleet is electric by 2020 — and BMW isn’t ready.

As a result, the automaker is trimming fat wherever it can find it. Unfortunately, that means eliminating the manual gearbox for the 2 Series in the United States and abandoning certain engine options for models across the globe. While BMW wasn’t explicit as to which motors won’t be returning, odds are good it will be the fun ones that don’t sell as well, plus the diesels.  (Read More…)

By on June 28, 2017

jaguar XE SV Project 8

Jaguar is doing another run of its extremely limited production SVO cars. We haven’t seen a new one since the decked-out Project 7 F-Type arrived in 2014, adorned with its conspicuous spoiler and upgraded internals. The British automaker is now doing the same for the XE SV Project 8, resulting in the most powerful sedan in its long history.

In addition to some extremely loud bodywork, Project 8 is equipped with a 592 horsepower, 5.0-liter supercharged V8, connected to an eight-speed automatic transmission delivering power to all four of its wheels. Jaguar claims it can hit 60 mph in a scant 3.3 seconds and possesses a top speed of 200 mph, which also makes it the quickest accelerating model Jag has ever produced. It’s one hell of a refresh for the subdued XE.  (Read More…)

By on June 27, 2017

Dodge Challenger SRT Hellcat Widebody

The Dodge Challenger SRT Hellcat gets a new variant for the 2018 model year, and it just happens to be the widebody model track day enthusiasts have been clamoring for since the car’s initial announcement.

Borrowing the fender flares and front lip from the Dodge Demon, the Hellcat keeps its 707-horsepower supercharged V8 while adding extra room for more rubber. Since the supercharged Challenger is notoriously poor at transferring its power to the pavement, the wider 305/35ZR20 Pirelli P-Zero performance tires allow for superior cornering and straight-line speed.

Dodge claims the widebody shaves 0.3 seconds off the “normal” Hellcat’s 1/4 mile time for a lean ETA of 10.9 seconds. It also says the 305mm rubber helps the beast claw its way from 0.93 lateral g to 0.97 — while not earth-shattering, it’s still a major improvement. FCA has also changed the steering to an electric unit with selectable presets, claiming improved road feel, precision, and usability at lower speeds. (Read More…)

By on June 27, 2017

2016 Jeep Wrangler Rubicon Hard Rock

While there are some who still proudly use the old slogan “Buy American,” the concept is only loosely applicable to automobiles. While you can certainly support American brands, every automobile on the road is an amalgamation of parts from all over the world — and has been for quite some time.

This year, the automotive research website Cars.com, which began ranking the country’s “most-American” vehicles in 2006, was forced to change its criteria after only three models qualified under the old system of measurement.

For 2017, Cars.com has added country of engine origin, country of transmission origin, and U.S. factory employment relative to a company’s sales to its previous criteria of American parts content and final assembly location. It was also forced to lower the overall percentage of domestic parts a car needs to qualify by a full fifteen percent — from 75 to 60 percent.  (Read More…)

By on June 27, 2017

crash test dummies
We knew the Trump administration wanted to deregulate the automotive industry in order to free it from any production hangups, be it imagined or genuine. However, some of the items under consideration for potential elimination are safety features that seem silly to go without. At the top of that list is the requirement that all electrically driven vehicles must emit noise to alert pedestrians to their presence.

However, this isn’t the only safety feature at risk of becoming an optional extra. In budget documents provided to Congress, the National Highway Traffic Safety Administration specified it is considering six separate areas for deregulation. Those include the modern standard for rear-view mirrors and backup cameras in passenger cars, mandatory electronic stability-control units for heavy trucks, and a rule allowing car dealers to install switches to deactivate airbags in customer vehicles.

While some of the rules could be abolished entirely, others are more likely to undergo some gentle retooling to provide automakers greater flexibility. Automakers have long pressed for the revamp of some antiquated, NHTSA-administered safety standards in order to permit the introduction of newer technologies. Still, eliminating any safety mandate is likely to raise the ire of consumer safety advocates, whether the end goal is well-intentioned or not.  (Read More…)

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