As much as we like to chide domestic automakers for abandoning traditional cars for the juicier margins of crossover vehicles, they haven’t done away with them entirely. Cadillac even went so far as to introduce Blackwing variants of the CT4-V and the CT5-V in 2021, something many claimed was necessary after the V-Series lost some of its mightiness when the new models arrived. Apparently, General Motors wants its luxury division to keep it up with the Blackwing models while it continues to expand the V-Series lineup.
Posts By: Matt Posky
Despite having already having Volvo Cars as one of its many subsidiaries, China’s Geely signaled roughly a year ago that it wanted to merge with the brand as part of its strategy to expand globally. Plans changed on this week when the company announced that the duo will be retaining their independent corporate structures, though they will continue working on a joint development program for electric vehicles.
This means more backing for the Lynk & Co. brand, a technology-focused joint venture Geely launched with Volvo in 2016. Lynk is hoping to bridge the gap between traditional vehicle sales and subscription-based models, while also pioneering telematics and other connected services that look like an invasion of privacy to some and a technological breakthrough to others. Regardless, the industry as a whole seems convinced this represents the evolution of the automobile and a stable source of revenue for companies capable of monetizing large amounts of data — often with the help of the world’s largest technology firms. (Read More…)
The outside firm Nikola hired to conduct the internal investigation looking into the validity of claims made by ousted founder Trevor Milton has reached a conclusion. Milton does appear to have been fabricating the status of the company’s technology and how far along its prototypes were. But Nikola wasn’t helping and ended up being implicated in a few falsehoods of its own.
Some wealthy individual lying to a sea of people for the sake of making money is hardly news, however. The entire world runs on politicians and business people going back on promises made months earlier and clarifying statements that never seem to illuminate anything. What makes Milton’s offense so bad is that he seems to have used the power of lying to mislead investors who might have otherwise made money. Nikola shares never truly recovered from the exposé published by Hindenburg Research as part of its plan to short the company, and those who never bothered to question the legitimacy of its technical claims before investing are suddenly very interested in knowing everything about the business.

Jeep is laying off 150 workers that would have otherwise been employed at its Belvidere Assembly Plant, which actually produces the Jeep Cherokee instead of the long defunct, full-size Plymouth. Based on the timing, this decision appears to have something to do with the FCA-PSA Group merger that formed Stellantis.
The United States Postal Service (USPS) has revealed its new mail truck after a 6-year competition, selecting the duck-billed option from Wisconsin-based defense contractor Oshkosh. Its Next Generation Delivery Vehicle (NGDV) will officially replace the Grumman Long Life Vehicle (LLV) starting in 2023. Though the LLV spent the last 20 years being gradually supplanted by anything large enough to haul a bag of mail, it’s technically the last vehicle commissioned for use by the USPS.
Sadly, the postal service’s decision also represents a major loss for Ohio-based Workhorse. Its battery electric W-15 seemed to represent the government’s greener ambitions and was capable of 80-mile journeys before a gasoline-powered range extender kicks on. While a smart design, we think the manufacturer would have been better served by having ties to the military, like Oshkosh and Grumman. Workhorse’s share price has been falling ever since news broke that the USPS wouldn’t be needing its services, however analysts are under the impression that it will eventually rebound.
On Wednesday, Ford CEO Jim Farley told attendees of the Wolfe Research Auto Conference that the United States needs to start building batteries for the industry’s planned deluge of electric vehicles now that semiconductor shortages have revealed the dangers of needing to source essential components from the other side of the planet.
Farley is likely correct in stating that America really should be able to supply itself, and not just in regard to semiconductor chips. Pandemic-related lockdowns crippled countless industries by upsetting the balance of supply lines. Halfway through 2020, farmers were dumping millions of gallons of milk per day and plowing up fields of eatable vegetables as restaurants were shutdown; factories were idled as part shortages became commonplace; cleaning supplies and disinfectants became impossible to find.
But it’s hard to translate that into sympathy for Ford because, while all of the above was happening, the automaker’s leadership was saying that there was no good reason to manufacture its own batteries.
We recently published an article about Hyundai’s upcoming Ioniq 5 EV and closed by suggesting it might be desirable that North America wouldn’t be the first to get them. If you read our post about the automaker’s current situation with supplier LG Chem, you may have already been able to guess why we feel this way. The manufacturer is looking down the barrel of an expensive recall relating to battery fires and EVs have a propensity to experience botched product launches. Considering the newness of the technology, some of that is to be expected. But that may not be the whole story.
News has begun circulating that Hyundai and Kia would begin sourcing more products from China’s Contemporary Amperex Technology (CATL) and Korea’s SK Innovation. We’ve likewise seen reports coming out of Korea stating that the automaker had decided to install SK batteries in the Ioniq 5, presumably because the units it has already sold to Hyundai haven’t been implicated in any fire-related recalls.
Hyundai will be recalling 82,000 electric vehicles sold around the world due to a presumed fire risk and its getting a little ugly, though that’s nothing new for the industry. Reports of the brand’s Kona Electric going up in flames (often while charging) started springing up in 2019, causing the manufacturer to call them back for a software update that was supposed to remedy the issue. But South Korean officials decided more needed to be done after one of the fixed vehicles caught fire in January. An investigation was launched and now Hyundai is on the hook for a 1 trillion won ($900 million USD) recall — including the nearly 40 billion won was spent on the initial software solution.
But how much of the blame does Hyundai really deserve when other manufacturers are having similar issues with their electric cars? Couldn’t the supplier be somewhat responsible? Absolutely not, explains battery supplier LG Chem.
The Hyundai the Ioniq 5 compact crossover made its debut Monday evening and it’s another win for the brand’s styling department. Despite being known as budget-minded automakers by Hyundai and Kia have delivered some of the most interesting designs the industry has to offer and with surprising consistency. The Ioniq 5 simply carries that formula into a product line that offers a healthy variety of battery, powertrain, and charging options without aiming too high or low.
Based on the Hyundai 45 EV concept from 2019, the Ioniq crossover looks as though it could be a show vehicle. But Hyundai has confirmed that this is actually the production version. The model’s angular design is interesting in itself and requires minimal embellishment, though the Parametric Pixel headlamps are a great touch and really help set the vehicle apart. While it won’t be the car for everyone, it certainly has its charms and will turn plenty of heads until more automakers decide to ape its style.
The Cherokee Nation has requested that Jeep change the name of some of its vehicles. While you can probably guess which ones are causing offense, it should be stated that the automaker has been utilizing the Cherokee name to evoke a sense of power and natural harmony for over 45 years. But nobody is going to argue that native peoples have a decided advantage in who has first dibs on the title, especially in a time of unprecedented tensions regarding what’s deemed racially insensitive.
Chuck Hoskin, Jr., principal chief of the Cherokee Nation, certainly seems to think Jeep crossed a line. This is actually the first time the group has ever asked Jeep to change a vehicle’s name, though Jeep has also gone on record numerous times to defend its use.
The 2021 Nissan Rogue has bombed the National Highway Transportation Safety Administration’s front passenger-side crash test with a score of two stars. Since we’re not using the Michelin Guide, this is a stain on the freshly pressed slacks Nissan has put on as part of its all-important restructuring strategy.
The automaker has been shedding weight, dropping products, and losing employees in the name of profit. But it also has to restore public faith in a brand that has been caught in numerous quality control scandals and some ugly corporate infighting over the last few years. A crummy score on a crash test isn’t going to help, even if it does help spice up an otherwise bland vehicle segment. But let’s not overcook the eggs. There is a lot to unpack here before we jump on the bandwagon of calling it a cursed model.
While the global semiconductor shortage is often reported as this out-of-nowhere surprise that has totally rattled smartphone and automotive manufacturers, 2020 was rich with signals that trouble was afoot. Global lockdowns forced factories to shut down, creating a lapse in demand in damn-near everything. By the time lines started firing back up, supply chains had become a disorganized mess. Nobody knew quite where to focus their efforts. But it was clear that everyone was going to be spending a lot more time indoors, resulting in an elevated need for the sort of components that go into mobile devices, television sets, personal computers, and other electronic gizmos.
Automobiles saw demand suppressed by around 15 percent (year-over-year) in 2020. However, the year ended with increased demand the industry figured would carry over into 2021. That, in conjunction with vehicles needing more semiconductor chips than ever to make sure they’re equipped with the latest features and perpetually connected to the internet, has automakers sweating. Practically every name in the industry has announced production shortfalls. But just exactly how many vehicles are we expected to lose from this?
As is often the case with global products, the Kia Sedona minivan doesn’t go by the same name in all regions. In its home market of South Korea, it answers to the Carnival moniker and is already on its fourth generation using Hyundai/Kia’s mid-size N3 platform.
Destined to enter the North American market as a 2022 model-year vehicle, the manufacturer used this week to promote its February 23rd debut via livestream. It also confirmed that it would no longer be using the Sedona name and would henceforth be known as the Carnival in the Western world. (Read More…)
Honda has announced that CEO Takahiro Hachigo will be succeeded by the automaker’s head of research and development, Toshihiro Mibe. The company’s board held a meeting on Friday to finalize the decision, noting in a release that Mibe would officially be taking over leadership responsibilities on April 1st. A resolution of the general shareholder meeting is scheduled for June 2021, at which point Hachigo is assumed to be retiring from the business.
Mibe joined Honda’s engineering team in 1987 and had worked his way up to head of R&D in 2019. Since 2020, he’s also been working as the brand’s senior managing director. He’s to be tasked with taking the manufacturer into “the next era” — which we’re guessing entails strengthening its commitment to electric vehicles. Though the manufacturer also stated that “a new value system is spreading all around the world” adding that this change in management would help reflect that as it strives to solve social issues. (Read More…)
Automakers around the globe have been issuing warnings for weeks that the semiconductor shortage will eventually result in fewer cars and leaner profitability reports. But the absent chips are affecting just about every industry producing modern connected devices, creating fears that electronic prices could skyrocket as availability dwindles. Lockdowns effectively crippled semiconductor supply lines right as demand peaked and everyone is starting to get a little worried about how it’s going to impact production in other industries.
The White House is reportedly taking steps to mitigate the issue by tasking Brian Deese (Director of the National Economic Council) and Jake Sullivan (National Security Adviser) with coming up with a solution. It’s also asking embassies to assist chip suppliers around the world however possible and hopefully suss out a way to stop the global shortage. Meanwhile, Deese and Sullivan will be focusing the brunt of their efforts on Taiwan.













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