Posts By: Matt Posky

By on May 14, 2017

ep9 Nurburgring

Engineering a vehicle with the Nürburgring in mind doesn’t always produce the most enjoyable on-road driving experience, but it often results in one hell of a performance machine. The NIO EP9 electric supercar was already the fastest EV ever to grace the track, which is a feat in itself since the Tesla Model S proved itself incapable of maintaining full-trust for the duration of the 14-mile track. However, after taking another stab at it, the NIO is claiming the EP9 is now the fastest production vehicle ever to grace the track — gas or electric.

Under what NIO admitted to being perfect conditions, the EP9 completed the course in 6:45.90. That’s over 19 seconds quicker than its pervious lap time and 6 seconds quicker than the Lamborghini Huracan Performante’s. The EP9 also bested the Radical SR8LM, which is not globally street legal and only slightly more useful for daily-driving duties than the space shuttle.  (Read More…)

By on May 14, 2017

2016 Honda CR-V - Image: Honda

With trucks and crossovers dominating more of the market every month, Japanese automakers are making every effort to bring in new models that will satisfy consumer demands. Soundly constructed economy vehicles have long been the cornerstone of most Japanese nameplates but, with reliability improving among many brands and fuel efficiency being less important to consumers, we’re seeing a shift in the Far East.

Everyone from Toyota, Mazda, Honda, and Nissan have all expressed plans to focus on light trucks this year. Some Japanese brands are even banking on the continued growth of the segment to stage their comeback. “I think SUV sales will continue growing even if gas prices rise,” Mitsubishi CEO Osamu Masuko explained, citing the consumer appeal of higher seating and overall sense of safety. “The SUV segment is increasing its market share worldwide, and this is where we have long been strong,” he said. “So, we will continue to make full use of this technology.”  (Read More…)

By on May 12, 2017

bentley continental gtc

If I’ve learned anything from Steph Willems, its that choosing the correct subject matter is half the battle in setting-up a solid Freaky Friday post. This one checks all the important boxes: young love, restraining orders, celebrity involvement, grand theft auto, gambling, expensive automobiles, and a curse-laden freakout ending in arrest.

Conrad Hilton, the 23-year-old brother of professional … uh, celebrity (I guess) … Paris Hilton, was charged with felony auto theft this week after allegedly stealing a Bentley Continental over the weekend. He was picked up by police in front of the Hollywood Hills home of his ex-girlfriend, Hunter Salomon, who had previously issued a restraining order against him.

The stolen Bentley belonged to Hunter’s father, Rick Salomon. If that name sounds familiar, he’s the man that won $2.8 million in the World Series of Poker in 2014, made a sex-tape with Paris in 2003, sued the Hilton family for deformation, and then began distributing the video himself a year later.  (Read More…)

By on May 12, 2017

robert_lighthizer 2017

I hope you’re fond of domestic automobiles.

The Trump administration is setting the table to make importing cars more difficult with the U.S. Senate confirming Robert Lighthizer in an 82-14 vote as the U.S. trade representative, prepping the country for an assertive trust from the White House’s America First trade strategy. (Read More…)

By on May 12, 2017

self-driving uber advanced tech center autonomous car

Waymo’s lawsuit against Uber Technologies’ alleged theft and usage of autonomous trade secrets is going to trial.

Judge William Alsup ruled Uber could not force the case into private arbitration and is referring the matter to the United States Attorney for a very public investigation.

This is everything the ride-hailing company didn’t want.

(Read More…)

By on May 11, 2017

ford logo

As anticipated, Ford CEO Mark Fields was grilled today over his plans to improve the company’s waning fortunes by board members who had scheduled extra time to question him.

Hot topics at the annual meeting centered on why profits are falling, what is Ford doing about the market shift toward SUVs, and how the company’s colossal investments into technology are affecting its present-day financial situation. Ford has poured billions into self-driving vehicles and ride-sharing platforms as its traditional car business loses some ground to General Motors in a slowing U.S. market. Fields spearheaded Ford’s rebranding as a mobility company, but many have suggested this future-focus isn’t healthy for the brand.

Fields stuck to his guns, emphasizing that Ford was heading “aggressively but also prudently” into “the biggest strategic shift in the history of our company.”  (Read More…)

By on May 11, 2017

Matthias Müller, Image: Volkswagen AG/Wikimedia Commons (CC BY 3.0)

Volkswagen Group CEO Matthias Müller is under investigation in Germany over the possibility he withheld important information on the company’s emissions scandal to investors, as well as potential market manipulation relating to Porsche. While public prosecutors continued to broaden their search among high-ranking company officials, the inclusion of the CEO is a bit of a surprise.

It was widely believed Müller would be free from scrutiny as he was appointed to replace ex-CEO Martin Winterkorn shortly after the emissions scandal went public in September 2015. Initially, German investigators even stated the CEO was not suspected of any wrongdoing. Then, in March of 2017, prosecutors launched a raid that seized the mobile phones, electronic passwords, appointment books, and email files of numerous Volkswagen and Audi employees — including Müller.  (Read More…)

By on May 11, 2017

Volkswagen VW Badge Emblem Logo

Volkswagen AG announced at its annual shareholders meeting this week that it will not be publishing the findings of an external investigation into its diesel emissions scandal conducted by the Jones Day law firm. The reason for VW’s secrecy is due to an underlying fear among management that the information held in the report would lead to further lawsuits and fines.

VW Chairman Hans Dieter Pötsch addressed the thousands of shareholders by first thanking the U.S. legal team for its hard work and then explaining there was no way in hell anyone outside of the company would benefit from its findings — tossing any promised transparency out the window. (Read More…)

By on May 10, 2017

 

Ren Cen. GM

Automakers are seeing diminished interest in product as market demand levels off after years of post-recession growth. While some analysts are heralding an industry-wide doomsday, others have cited this as an inevitable market ebb with no cause for alarm. Either way, domestic and foreign automakers have begun scaling back production efforts.

In the United States, Ford recently announced layoffs at its Ohio truck plant and General Motors may be following suit by eliminating 1,100 employees at the Delta Township Assembly Plant near Lansing, Michigan.

GM’s newest U.S. factory was already scheduled undergo retooling for the 2018 Chevrolet Traverse and Buick Enclave crossovers. However, when the plant reopens this June, there’s a good chance that third-shift employees won’t be returning. (Read More…)

By on May 10, 2017

cellphone nissan

Last week, Nissan’s European division proudly announced that it had developed a new feature for use in the Juke that effectively eliminates all cellular signals. In the release, the company praised its UK team for coming up with a 21st century application that uses Victorian-era technology, saying “the beauty of the design is its simplicity.”

Obviously, Nissan is making a play to convince news outlets to cover the prototype and highlight the company’s clever engineering and commitment to safety. While we will happily take the bait and comment on the device, we would be negligent in our duties to consider the item as anything other than an complete waste of resources. The Signal Shield is as useful to motorists as a pair of gloves would be to a person without arms.  (Read More…)

By on May 10, 2017

Ford badge emblem logo

The board of directors at Ford Motor Company will be seeking answers from CEO Mark Fields on how the brand’s mobility strategy played a role in its lackluster annual earnings report. Inside sources claim board members made extra time leading up to Thursday’s annual shareholders meeting to discuss the company’s future with the CEO.

Fields has promoted Ford’s evolution into a mobility company ever since taking the helm in 2014 — something investors haven’t been particularly receptive of. During Fields’ tenure as CEO, shares in the company have fallen by 35 percent. However, with tech-focused companies typically receiving above-average valuations, the methodology behind his strategy appears sound. Ford has spent billions on the development of autonomous technology and showcased mobility concepts that even Tesla hasn’t bothered with.

While many seem too impractical or far-fetched to deserve serious attention, the capital behind its self-driving efforts have kept Ford near the front of the pack in the autonomous race. So, what’s the problem?  (Read More…)

By on May 10, 2017

ff91

We’re not going to recap all of Faraday Future’s staffing issues, financial hurdles, or uncouth business practices. If you’ve visited this website within the last year, you already know the company has some serious problems to overcome.

Despite these hardships, Faraday remains convinced it’ll resume construction at its stalled factory site in Nevada and someday bring the FF91 to market. However, we haven’t seen much of the EV since the debut of the beta version at CES in January — and it was beginning to look like we never would.

Then, without much fanfare, a video of the electric crossover surfaced on the company’s YouTube page on Monday. The new video shows a decidedly less beta-looking vehicle than Faraday has previewed in the past. That doesn’t mean this is a production car, but it does seem to show what one might look like if FF can weather the storm.  (Read More…)

By on May 9, 2017

Subaru Legacy 2018 Logo Emblem Grille

After several years of record growth, a combination of increasing costs and exchange losses forced Subaru’s operating profit to fall by 27 percent in its recently ended fiscal year. No longer Fuji Heavy Industries, and now focusing primarily on automotive product, Subaru Corporation announced its operating income had dipped to $3.69 billion in April. Net income also took a hit, falling by 35 percent to $2.54 billion.

Considering the company finally surpassed the one million annual sales mark for the first time in its history, it is surprising to see the brand faced with anything other than glowing praise. However, improved sales and continued revenue growth doesn’t tell the entire story. Subaru’s European sales declined by 2.6 percent — matching the trend in China and Japan. North America, which accounts for the majority of the brand’s sales, maintained its interest but the overall market has slowed.

“U.S. demand has peaked out,” Subaru CEO Yasuyuki Yoshinaga explained. “The market environment has increasingly become tougher. We will carefully the situation and will take the necessary steps to maintain our sales, including incentives.”  (Read More…)

By on May 9, 2017

bob king

The former president of the United Automobile Workers, Bob King, says he supports President Trump’s plan to reconfigure the North American Free Trade Agreement — so long as it maintains labor’s best interests. Ironically, King’s support of the president’s trade plan came as he attended an Ann Arbor rally in support of an EPA testing facility in danger of being closed due to Trump administration budget cuts.

King, who served as the union’s president from 2010 to 2014, faults the trade pact for a loss of American jobs. It’s his belief that NAFTA allowed automakers to invest in more-affordable regions — like Mexico — at the expensive of the United States’ workforce. His successor, Dennis Williams, has echoed these claims and also wishes to see NAFTA reformed.  (Read More…)

By on May 8, 2017

auction-crash

The elderly man who drove the SUV involved in a crash that resulted in three deaths at a Massachusetts auto auction last Wednesday hasn’t held valid driving credentials in several years. Apparently, the 76-year-old man — whose name remains withheld — had his license suspended in 2012 after numerous incidents a year earlier, including impeding traffic, missing inspection stickers, and a license plate violation. It was never reinstated. His driving record also shows seven other accidents dating back to 1987 and license suspensions on four separate occasions.

Lynnway Auto Auction released a statement after his driving history became public. “We were unaware of the change in status of the driver’s license until the police told us after the accident,” explained Lynnway president Jim Lamb. “When we hired him in 2010, he had a valid Massachusetts driver’s license. As he has had no issues while driving for Lynnway for the past seven years, we were surprised and upset to learn this development.”  (Read More…)

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