After posting a profitable fall quarter, Tesla returned to spending more than it made. However, its fourth quarter losses, announced on Wednesday, were substantially less than originally assumed by analysts. The electric carmaker’s stock price continued to climb during the final three months of 2016, despite losing $448 million from its operations.

Tesla has been throwing a lot of money at projects and acquisitions. It recently purchased SolarCity and Grohmann Engineering, so going into the red was to be expected. However, the dark cloud looming in the distance isn’t related to capital — it’s about production. (Read More…)

Politicians from Volkswagen’s home region of Lower Saxony are raising questions over the unanticipated departure of the German automaker’s compliance chief, Christine Hohmann-Dennhardt, saying they have concerns over how the supervisory board handled the matter. There has been a long-standing apprehension among investors and business analysts that VW is too tightly controlled by its founding Porsche-Piech family and incapable of amelioration.

On Wednesday, Deutsche lawmakers called for a formal inquiry on the matter.

Hohmann-Dennhardt was brought aboard very late in 2015 to assist in Volkswagen’s reformation following the diesel emissions cheating scandal. However last month, after only a year on the job, she left abruptly with a sizable pension and gargantuan severance. (Read More…)

Aston Martin is allowing customers to ruin tailor any of its current models through its updated Q commission service. These bespoke Astons allow shoppers to choose specialty themes or create a completely unique car from scratch. Some of the early results are reminiscent of Bentley’s more interesting factory customizations of the Continental, but Aston Martin seems to be taking it even further.

While much of the new paint and fabrics on offer are absolutely gorgeous, especially those in the aptly named heritage collection, it would be very easy to assemble some of the other collections into a legendary eyesore. (Read More…)

Perhaps we’ve finally hit a point where the old ways actually are the best. Gizmo-centric problems seem more important than ever to J.D. Power and Associates in this year’s dependability ranking, which examined problems experienced over the last 12 months on three-year-old vehicles and highlighted electronic accessories as a major issue.

So, a car that has a rock-solid drivetrain still might not make the grade due to a wonky multimedia system. A good example of this was J.D. Power’s chosen pickup, the Ford F-150. While the Ford achieved top marks for the quality of its interior, exterior, and electrics, the Toyota Tundra possessed vastly superior powertrain reliability.

It’s a similar story with the minivan segment. While the Toyota Sienna was given the crown, the Chrysler Town & Country actually had fewer reported problems in every area except the powertrain — and even that was still rated above average. It makes you wonder how much of the long-term quality being tested here is influenced by J.D. Power’s initial quality categories, which it splits into separate mechanical and “design” groups. (Read More…)

Land Rover has confirmed Velar as the name of Range Rover’s new luxury crossover, positioned to rival Porsche’s Macan.

While Velar sounds hand-picked to hang in the air and mimic the vowel placement of the Macan, Land Rover has used it before. According to the company, the name is derived from the original Range Rover prototypes from 1969, dubbed Velar as a way to disguise or veil them. Although why any vehicle before the Defender would need a secret working title is rather baffling when the company called almost every product it made before 1983 either “Range Rover” or “Land Rover” — sometimes tacking on a generational identifier, like “Series III.”

Still, any tieback you can make to your heritage is a win when it comes to marketing. Velar also fits Range Rover’s premium image and borderline sensual naming strategy that started with the Evoque. These are names that would work just as well being whispered by a model in a perfume advertisement; they just so happen to also be the names of two British sport utility vehicles. (Read More…)

Cadillac’s user interface has been one of its consumers’ biggest grievances. Last week, I heard a private chauffeur in an Escalade — a $75,000 car that makes you feel simultaneously wealthy and powerful — refer to the Cadillac User Experience (CUE) as “bullshit.” Even Johan de Nysschen admitted that CUE did not pass muster.

Clearly aware of how supremely loathsome the interface is, the automaker has announced that the next-generation user experience system will debut on the 2017 Cadillac CTS this spring. According to General Motors, the updated user experience will evolve with a customer’s connectivity needs — adjusting itself over time while offering a plethora of personalization, connectivity and apps.

(Read More…)

Captain of industry John Mendel is retiring as the executive vice president of American Honda’s sales division this April, following ten years of service to the company. Mendel is probably best-known for ensuring that Honda and Acura’s marketing and sales focus remained on North America’s retail markets, not fleets.

Also retiring this spring is Honda Canada’s current president and 42-year company veteran, Jerry Chenkin. Filling the vacuum created in Chenkin’s absence is Dave Gardner, currently senior vice president and future president. Gardner will assume the role of president and provide direct oversight for the automotive and motorcycle divisions, power equipment, ATV, and small engine businesses.  (Read More…)

At 30,000 feet above Nebraska, a man who could generously be described as severely corpulent had finally reached the level of personal solace required to allow his mass to spill out of seat 27D and into my own. It was another 1,500 miles to New York, and I could already feel the damp warmth of […]

If Mercedes-Benz dealers manage to overhaul their stores to the brand’s updated “Autohaus2” image standards, the locations can forget about additional modifications until after 2024.

The German automaker’s promise to leave dealerships alone is abnormal, and comes after the second generation of its controversial Autohaus standard established — to the chagrin of dealerships — in 2008. Much of Mercedes’ salesforce objected to the mandatory image alterations, similarly to how Cadillac’s dealer network has responded to that brand’s Project Pinnacle.

Hoping to ease tensions as showrooms adhere to the new status quo, the 2024 pledge provides all sides with a reprieve. The Autohaus2 plan, and subsequent dealer amnesty, was penned under former Mercedes-Benz USA CEO Steve Cannon, though the company’s current North American boss, Dietmar Exler, also supports it.  (Read More…)

Sport utility and crossover vehicles have gradually become hotter than the surface of the sun as the public has come to treat sedans with the sort of disdain usually reserved for an old high school flame. It was decent while it lasted, but now you don’t even really want to acknowledge that it was ever a part of your life.

Sales have reflected this and automakers have hurried to supply an eager market with utility vehicles. While some did not quite meet demand, and have suffered for it, others are seeing rising incentives to meet the growing inventory surplus — giving us our first indications that interest in SUVs and crossovers has its limits.  (Read More…)

There has been so much nonsense surrounding the 2018 Honda Civic Type R that it was becoming difficult to separate fact from the fiction. Speculation on the car’s engine and transmission was endless. There were rumors that it could be as large as 3.5 liters or a substantially smaller mill mated to a continuously variable transmission. However, it turned out the most expected configuration was the correct one — Occam’s razor, and all that.

Although, after so much conflicting information, when and where the 2.0 liter turbo VTEC and its manual transmission would show up seemed uncertain. The Type R was supposed to come to North America in the middle of this year, something 36 year olds have been begging for since they were 16, but Honda hadn’t said anything concrete and that deadline is fast approaching without anyone even having laid eyes on the production model.

Then, late last week, Honda Europe slipped in a small mention that the Civic Type R would debut in Geneva alongside the Clarity Fuel Cell and the NeuV electric concept while confirming the summer production and immediate export for North America. (Read More…)

Originally slated for first-ogling at March’s Geneva Motor Show, Pagani shared its new Huayra Roadster with the world a month early, which keeps in with the Italian supercar tradition of if you’ve got it, flaunt it.

As with the hardtop, the Huayra ‘vert uses a carbotanium monocoque but comes with a removable glass targa top and some performance improvements made on the molto speciale Huayra BC. That means the roadster keeps the coupe’s seven-speed sequential gearbox and the 6.0-liter twin-turbo V12 from AMG, but receives a bump in output to 754 horsepower and 738 ft-lb of torque.  (Read More…)

It would appear that the Smart money is literally on electric cars. Daimler says it plans to stop selling combustion-engined Smart models in North America entirely. If you live in the United States or Canada and want a goofy gas-powered mini car, you’d better buy one now.

Mercedes-Benz USA CEO Dietmar Exler has issued a letter to dealers explaining that the sale of Smart cars with gasoline engines will stop when the 2017 model year ends this fall. (Read More…)

Today, Mitsubishi announced that its next model will be called the Eclipse Cross, acknowledging the defunct sport compact beloved by enthusiasts and teenage girls alike while simultaneously spitting on its memory. “Cross is short for crossover,” Mitsubishi helpfully explained in its announcement, as if anyone would have had trouble piecing that puzzle together.

“Eclipse is a word used to describe an astronomical event,” the Japanese automaker continued. “Marrying stylish coupe lines with the freedom of movement the SUV genre gives, the Eclipse Cross’ beautiful, dynamic form serves to bring about the same sense of excitement and inspiration as the diamond ring seen immediately before and after a total solar eclipse does.”

That’s sounds a lot better than saying it looks a lot like a Honda CR-V with a dash of Outlander.  (Read More…)

Few vehicles offer the snob appeal and image enhancement of the Mercedes-Benz G-Class, but seriously wealthy Benz buyers interested in comfort are going to hire a private driver and purchase something with a Maybach badge. Of course, that limits them to a tarted-up S-Class, or so it was before the introduction of the G650 Landaulet — which is, quite possibly, the dumbest vehicle currently entering production.

While the Landaulet’s forward-most occupants are treated to the nice but relatively unchanged interior from the G-Class, the rear is an extravaganza of luxury to be enjoyed in or out of the elements. Much like the Mercedes-Maybach S650 Cabriolet, it is a convertible. Unlike the Cabrio, however, the only person to benefit from the folding top is the multi-millionaire riding in the back. (Read More…)