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Posts By: Matt Posky
By
Matt Posky on March 1, 2017

Navigating the new car market can be treacherous, but the used market is significantly larger and riddled with more hidden pitfalls. Used cars also offer the best potential value for your money, provided you don’t end up with a lemon. Even something that passes your initial scrutiny might be a few months away from becoming a clattering heap.
Fortunately, Consumer Reports keeps a running tally on the worst second-hand garbage that money can buy. Taken from its most recent ranking, here are some of the more common models from the last 10 years that scored so poorly in reliability that they aren’t even worth your consideration. (Read More…)
By
Matt Posky on February 28, 2017

It’s been a long road to this point, but Takata’s CFO, Yoichiro Nomura, finally had the opportunity to plead guilty on behalf of the company to fraud. The company accepted a $1 billion settlement with the U.S. government yesterday as Nomura condemned Takata’s actions as “deeply inappropriate.”
U.S. District Court Judge George Steeh confirmed the previously agreed-to settlement against objections from lawyers for victims of Takata airbag inflator explosions, who claimed the criminal settlement mistakenly identified automakers as victims of Takata’s unlawful behavior. (Read More…)
By
Matt Posky on February 28, 2017

Honda wants to up its software game and encourage creative uses for ones and zeros at its new research and development center. With ASIMO — the company’s adorable robot mascot — almost old enough to smoke, Honda hasn’t developed a super-high-profile gizmo in nearly 17 years.
Recently, the company took a distinctive back-to-basics approach to address slipping quality, though CEO Takahiro Hachigo confessed that rekindling the R&D “spirit” would be the other half of building a better Honda Motor Co.
With those goals in mind, Tokyo’s Honda Innovation Lab opened its doors to the press on Tuesday as the company announced it will be forming a specific unit to focus on the development of software-laden technology for its next generation of vehicles. (Read More…)
By
Matt Posky on February 28, 2017

In case you’re a particularly macabre automotive collector, Tupac Shakur’s murder car is currently available for purchase. California’s chotchkie dealer, Moments in Time, is listing Death Row co-founder Suge Knight’s black 1996 BMW 750iL on its website for a cool $1.5 million. That’s roughly $1.49 million over the estimated private party value of an E38 Bimmer — and I even gave Moments in Time enough credit to assume it was in extremely good condition.
Apparently, one of the best things you can do for the resale value of your car is to make sure that a celebrity was killed inside of it. However, Shakur technically died several days later as a result of injuries sustained in the September 7, 1996 Last Vegas drive-by shooting. Perhaps you can use that information to haggle down the price. (Read More…)
By
Matt Posky on February 27, 2017

Ildefonso Guajardo, Mexico’s senior trade negotiator, reaffirmed his position to break off talks to reconfigure NAFTA, saying his country will completely abandon talks if the United States continues threatening levies and caps on products coming in from its southern border. He said Mexico will refuse to even consider the kind of tariffs President Trump has discussed and revert back to World Trade Organization rules. Under those guidelines, the most the U.S. could impose on a Mexican product would average 3 percent.
“The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ I get up from the table,” Guajardo said in an interview. “Bye-bye.” (Read More…)
By
Matt Posky on February 27, 2017

Chevrolet’s Camaro ZL1 is already renowned for its ability to put down massive amounts of power in the corners and the straights. When General Motors switched over to the Alpha platform, it made sure that the ZL1 was a serious contender on the track, drag strip, highway, or any other evenly paved road. For 2018, the ZL1 1LE aims to add additional grace upon closed-course tarmac and transform an already track-capable car into a street-legal racer.
With more wings than a flock of birds, it certainly appears as if it would be more than competent at a track day and the black hood, mirrors, and wheels further enhance the definitely-not-a-street-car look. However, unlike the dark paint, the oversized carbon fiber rear wing, bumper canards, and deflectors provide functional downforce for cornering in addition to an extreme image. (Read More…)
By
Matt Posky on February 27, 2017

With his employees showing a growing interest in unionization, Tesla CEO Elon Musk shot off a lengthy email to staff urging them to forgo joining the United Auto Workers. While the UAW has romanced Tesla’s growing workforce for years, a recent — and highly publicized — blog post written by an employee expressed renewed concern over the company’s treatment of its workforce, as well as his hope to see them join the labor federation.
Musk initially reached out to the press to defend his company and is now appealing to workers directly, refuting allegations about subpar wages and condemning an earlier investigation into worker safety. “After looking into this claim, not only was it untrue for this individual’s team, it was untrue for any of the hundreds of teams in the factory,” he wrote. (Read More…)
By
Matt Posky on February 27, 2017

The pickup is as much of a stereotypical American icon as gun ownership and throwing things away. Last year was a particularly good one for trucks, with Ford F-Series sales reaching pre-recession volume and a 10-year high and Ram recording a seventh year of growth. However, with sales peaking for the other domestic labels, General Motors’ share of the market shrunk.
What’s the solution to whatever consumers find lacking with GM’s product? A price war, of course. While Ford Motor Company and Fiat Chrysler Automobiles are scaling back, GM upped incentives from last February by 56 percent for the Chevrolet Silverado and 82 percent for the GMC Sierra. With the pickup segment being so important in North America, nobody wants to lose ground. Aggressive discounts are often the only way to overwhelm brand loyalty, but the practice is also guaranteed to eat into profits while annoying the competition. (Read More…)
By
Matt Posky on February 26, 2017

If you were wondering if the Volkswagen-owned Bentley Motors Limited would be omitted from its parent company’s promise of rampant electrification, it won’t.
Bentley also isn’t too high and mighty to hop onto the compact crossover bandwagon. Executives are saying that the luxury motorcar manufacturer is toying with the notion of producing a small all-electric SUV positioned beneath the $229,100 Bentayga, in stature anyway. (Read More…)
By
Matt Posky on February 26, 2017

Finance companies have begun using ignition kill switches and tracking devices, which allow them to disable and then easily locate vehicles for repossession. Some of the devices even remind borrowers when they’ve missed a payment. According to PassTime, a company that sells such devices, somewhere between 35 and 70 percent of cars financed on subprime loans have some variant of the hardware installed.
Now the the Federal Trade Commission is looking into whether these automotive finance companies are illegally harassing consumers with poor credit by imposing the hardware onto their vehicles — potentially violating their privacy while also garnering unnecessary intimidation from banks. (Read More…)
By
Matt Posky on February 24, 2017

Every automotive manufacturer currently selling cars within the United States has incessantly requested that the government dial back federal fuel economy standards ever since Donald Trump took office. Now, two advocacy groups — Consumers Union and the Consumer Federation of America — have sent a letter to Trump making a case to maintain Corporate Average Fuel Economy (CAFE) standards for the good of average Americans.
Automakers have claimed that higher efficiency targets will increase vehicle cost, making this a battle between two camps, each focused on U.S. wallets: MSRP and MPG. (Read More…)
By
Matt Posky on February 24, 2017

We knew that Jeep’s redesigned small crossover was going to be sized up, priced up, and niced up in order to avoid cannibalizing the Renegade. What we didn’t know was that Jeep would dump it into the KL Cherokee’s lap like a scalding cup of coffee. At $22,090, the base 2017 Compass is only a stone’s throw away from the larger model’s pre-destination price of $23,695 MSRP.
Worse still is that Fiat Chrysler’s inability to update or enhance the Jeep Cherokee in any meaningful way has helped sales implode in recent months. The KL was Jeep’s top selling model in 2015, with 220,260 units sold in the United States, but it took a sales hit of almost 30,000 vehicles the following year and saw a noticeably weaker beginning for 2017. (Read More…)
By
Matt Posky on February 24, 2017

Waymo is suing over claims that a former employee stole the design for one of its LIDAR systems and brought it to a competitor. The alleged theft of Waymo’s intellectual property came to light after the company was accidentally privy to an email chain that described an Uber design for a LIDAR circuit board that looked very familiar.
So familiar, in fact, that the Google-backed Waymo filed a lawsuit on Thursday in a California federal court. The suit accuses former Google employee Anthony Levandowski of stealing its tech for the LIDAR sensor used by the Otto autonomous startup company. Unfortunately for Waymo, Uber paid $680 million for Otto last August and is currently using the potentially stolen designs. (Read More…)
By
Matt Posky on February 23, 2017

Volkswagen’s CC replacement, the Arteon, will make its debut at the 87th Geneva International Motor Show and it looks exactly like we predicted — right down to the color, no less.
Based on VW’s recent teaser shots, the new four-door fastback looks almost identical to the Sport Coupe Concept GTE. However, as fun as it is to gloat, most of the automotive community expected this. Germany’s biggest automaker isn’t exactly known for its flamboyant redesigns and bold styling choices. There are a few remaining unsolved mysteries surrounding the car, however. (Read More…)
By
Matt Posky on February 23, 2017

Dodge has been parsing out minor details on the Demon, slowly shaping its identity, for what seems like decades, when it has actually only been about a month. In today’s publicity sprig, Fiat Chrysler indicated that — unlike the Hellcat — the Demon will be strip-focused with a suspension setup specifically designed exclusively for straight-ahead speed.
With Dodge claiming that the Hellcat is the “ultimate do everything muscle car” with an intention “to strike that perfect balance between drag strip brute force, road course competence and street car civility,” I am left wondering just how streetable the Demon could possibly be. Like most purpose-built cars, dragsters are wonderful at doing exactly one thing and absolutely terrible at everything else. For Dodge’s new hype machine, the added forward momentum might come at the expense of hanging a right. (Read More…)
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