On Thursday, Toyota Motor Corp.’s research division announced it would create an $800 million global investment fund. While important news, Toyota’s dispatch was expected. The business had previously mentioned it was assembling a new holding company called Woven in July, noting that the entity would be focused on heavily upon software development and finding new partners for its most advanced projects.

Most of those seem to be in support of the “mobility as a service” concept that seeks to remove customers’ ability to own vehicles. The rest are interested in promoting alternative energy solutions or social engineering how we’ll be living in the future via “smart cities.” The fund also seems to be helping replace Toyota Research Institute-Advanced Development (TRI-AD). In fact, the Japanese R&D arm was actually the one that announced the $800 million “global growth-stage investment fund” that officially creates Woven Capital.

(Read More…)

Nissan has issued another teaser for the impending 400Z with clear intent to alleviate any confusion created by the previous marketing materials. We said it looked like the company planned on offering the sports coupe with a manual transmission and are required to revise our claim. It’s now blatantly obvious that Nissan is planning on producing be-clutched examples. We can only assume that Nissan’s marketing department noticed that everyone had started to catch onto the possibility of there being a manual option in its last posting and simply decided to remove all doubt.

One can even imagine the video conference where management tells the person editing the clips to throw in a bare shot of the gear selector this time. Nissan knows few customers will actually buy one but that the automotive press can’t help but mention the last of a dying breed. Some of us wake up in a cold sweat nightly, haunted by the knowledge that carefully using two appendages to change gears isn’t something future generations are going to put up with.

(Read More…)

Minus an unpleasant amount of virtue signaling, the Lucid Air debut was pretty good. But this is technically a commercial so what else could we have possibly expected? Lucid is an electric vehicle brand so it’s required by law to succumb to the growing list of EV clichés. Building this car the way Lucid does won’t just be better for the environment, “it will be better for all mankind.” We need to rally together because the world is ending. This startup is changing by building an extravagant automobile — that was the gist of the presentation anyway.

“We’re a California company,” explained the car’s interior designer. The Golden State was apparently so important that the interior color palates are based entirely on the way the sun plays off California’s various regions at different times of the day. They even held the event on the state’s birthday and made sure to mention it.

You get the idea. It started out a complete drag. And yet the car itself was quite interesting and the technical portions of the presentation excelled at explaining why someone might actually want this car over literally everything else that’s on the market right now.  (Read More…)

Genesis has predictably brought the G70 onboard with the rest of its lineup’s familial styling. Fortunately, the look the company has gone for has successfully merged disparate concepts by being both spectacular and incredibly tasteful. While your author would have argued that prior Genesis models had aped German exteriors so effectively that they might actually be beating Deutschland at its own game, the new designs only serve extend its advantage. It seems as though everything Hyundai Motor Group touches these days can’t help but have a stunning exterior and it’s true from the sub-$25,000 Kia K5 right on up to the $72,000 Genesis G90.

Quad lamps (front and rear) are now the hallmark of Genesis Motor and have finally been affixed to the G70, giving it a more refined and luxury-focused appearance. It’s also quite unique across the industry and helps distinguish the Korean brand from other nameplates at a distance. While many (including your author) enjoyed the sporting musculature on the current model, 2022 will be a more opulent affair better suited to the frugal fanciness the Genesis has become synonymous with.

(Read More…)

The Mercedes-Benz E-Class is receiving a series of updates for 2021 — including some new engine options, styling adjustments, and the obligatory infotainment updates. There’s even a new lifted version called the E450 4Matic All-Terrain that’s clearly targeting fancy alternatives to the Subaru Outback (e.g. the Audi A6 Allroad).

Unfortunately, these enhancements have raised the price of the E-Class slightly. The base model E350 now starts at $55,300 (including destination), which seems a lot to ask for a 2.0-liter turbo making 255 horsepower and 273 lb-ft of torque. That’d be a juicier package inside one of Mercedes’ smaller products and opting in to an all-wheel-drive 4Matic brings the price $57,800 before you’ve even had a whiff of the 3.0-liter inline-six. But you do get Daimler’s updated MBUX software across the range and a longer list of interior material choices and styles. Though our readers seemed to really hate the interior found in the new S-Class and we’re doubting you’ll be any fonder of the wavy lines found inside the refreshed E-Class family, even if they’re not drastically different from what was available beforehand.

(Read More…)

Unifor has selected the Ford Motor Company as its target for collective bargaining. Once negotiations conclude, the union will be using the terms established with the automaker to lay the groundwork for pattern deals with General Motors and Fiat Chrysler Automobiles.

While the talks have not yet begun, we already know Unifor wants to cement production commitments in Oakville, Ontario, where Ford is rumored to be ending Edge assembly. It would also like to secure deals for FCA plants in Brampton and Windsor. Naturally, the union will also be demanding wage increases — though this is sometimes the most contentious issue. Contract talks from 2016 became stuck in the mud over higher pay until Ford insisted employees remain subject to a 10-year wage grow-in that union members had been split on. It’s unclear if that will remain the case in 2020 but we genuinely haven’t had high hopes for the Union pulling out anything that resembles a major victory.

(Read More…)

Uber Technologies has promised to make sure that 100 percent of the vehicles used to convey customers in Europe, Canada, and the United States will be powered entirely by electricity — allotting itself just under a decade for the transition. By 2030, Uber said all cars used on the platform will be required to be of the plug-in variety. At the same time, General Motors announced it would be helping drivers get there by offering juicy discounts on items they’ll be required to buy in preparation for the coming change. That seems incredibly convenient, especially for the purveyors of these soon-to-be-mandatory products.

On Tuesday, CEO Dara Khosrowshahi noted he wanted Uber to help lead a “green recovery” in the wake of the coronavirus lockdowns that resulted in an American unemployment rate not seen since the Great Depression. He acknowledged how nice the air had gotten in urban environments (Manhattan still smells like expired milk, FYI) and suggested going back to the before times would be a mistake. We were practically cave people prior to 2020 and have metamorphosed into a higher state of being.

(Read More…)

Nissan has been extremely clear that it has been focusing heavily upon its past for the formation of its upcoming 400Z. Considering how the automaker is faring in the present, casually throwing customers into a sea of nostalgia is likely a 200-IQ play. Vintage Z cars have an obsessively loyal fan base and are awarded rolling praise from practically everybody who remembers them in their heyday.

Your author has always held a soft spot for the 300ZX Twin Turbo, despite his not being the resident Nissan aficionado and the 300 being the most pig-like in the Z-car’s expansive lineage. But plenty of people recall its enthralling performance as turbo lag boost was playfully teased out to make pressing the accelerator feel less like you were about to pass a slow-moving motorist on the highway and more like you were about to launch a Grumman F-14 Tomcat off an aircraft carrier. They also undoubtedly remember its stellar design, especially the Z32, which present-day Nissan has decided to tap into for the upcoming performance model. (Read More…)

General Motors announced it will be taking an 11-percent stake in Nikola on Tuesday. It even said it would be actively helping the startup produce the hydrogen/battery-powered Badger pickup, sending the firm’s already-insane share price through the roof. Nikola shares were up 30 percent before the trading day even began, with the General seeing some positive changes in its own stock. Things only improved from there for both companies as news of the partnership continued to spread.

The deal is costing GM $2 billion and allots it one board member of its choosing in exchange for its manufacturing expertise.

(Read More…)

While Tesla’s Model 3 sedan is supposedly taking the world by storm, some hot competition has been reported in China. The Hongguang MINI EV has eclipsed the offspring of Elon Musk to become the country’s best-selling electric vehicle. Though at just 28,800 yuan ($4,200), it hardly seems a fair comparison. Tesla’s minimalist sedan is larger and costs roughly 10 times what SAIC Motor, General Motors, and Liuzhou Wuling Motors decided the MINI EV was worth.

That’s right, it took the combined strength of three automakers to birth this baby and we’re wondering what it would take to get you to drive one home if they were offered here.

(Read More…)

Yesterday, we covered how the economic ramifications of the pandemic has negatively impacted the sales volume of electric vehicles (the ones that aren’t status symbols, anyway) in the United Kingdom. We’ll take a broader view of things today, focusing entirely on the general sales trends taking hold in the United States ahead of the Labor Day weekend.

Under normal circumstances, this would be a period where dealerships tempt the public with juicy discounts to clear out their lots for the subsequent model year. But the pandemic has left factories idle for months and vehicles in short supply. While that wasn’t an issue when everyone was first locked indoors, many states allowed their citizens to reclaim their autonomy as dealers sought new ways of selling without the face-to-face rigamarole of interacting with customers directly. We’re now in a situation where demand remains suppressed but has increased to a level where it outpaces the supply of many popular models — increasing the average transaction price of vehicles.

It’s not a great time to be shopping for a car. (Read More…)

In 2014, Mayor Eric Garcetti wanted to show Los Angeles that he would take an active role in spearheading “environmental justice,” announcing several initiatives to combat the city’s notorious air pollution.

One of those efforts involved transitioning government-owned fleets towards battery power and hybridization. By the following year, the LAPD announced it was ready to consider contracts with various automakers ready to help provide the non-emergency administrative unit (which was new at the time) with a fleet of environmentally friendly vehicles.

BMW ultimately won out, resulting in a fleet of i3 hatchbacks — some of which were painted and given lights for traffic enforcement duties or other light police work (e.g. community outreach). The leasing agreement kicked off in 2016 and ultimately cost taxpayers over $10,200,000 when combined with the charging infrastructure that had to be installed to support them. But the department and the mayor started taking heat after the public learned the vehicles were hardly ever used for police business, resulting in a minor scandal.

Notifying the world that the program seems to have been a massive waste of resources didn’t change anything, however. Most vehicles saw little use through 2019 and many are now being sold by the dealership that initially leased them to the LAPD. (Read More…)

The Global Alliance for Vehicle Data Access (GAVDA) has issued a letter to automotive manufacturers around the world to request consumers be given direct access to the data generated by the vehicles they drive. While the group is comprised of organizations representing rental agencies, car sharing, independent vehicle repair shops that also want access to the information, it’s likewise backed by several consumer advocacy groups that worry customers and small businesses are being taken advantage of.

At the core of the letter is a refutation of claims made in a June 3rd memo the Alliance for Automotive Innovation (AAI) sent to Congress. That group is an assemblage of the world’s largest industry players with an aim to monetize driving data as quickly as possible. It just so happens that the duo are diametrically opposed to how the government should handle user information. (Read More…)

Today’s study comes straight from the memoirs of Captain Obvious. Apparently, an economic recession isn’t what you want when you’re vying to sell factory fresh automobiles beyond the confines of rock-bottom prices. There might even be a correlation between being broke and lacking the ability to purchase items in general. At least, that was the takeaway from a cutting-edge assessment recently conducted by Auto Trader in the United Kingdom.

In an attempt to keep tabs on the public’s level of interest in reference to electric vehicles, the outlet has been surveying people at semi-regular intervals. Back in January, it asked 2,300 consumers ‘waddya buying,’ only to learn that 17 percent had their hearts set on a battery electric vehicle. That’s impressive considering less than 10 percent of automobiles in the UK utilize electricity for propulsion and most of those happen to be hybrid models. But the trend toward BEVs has shifted rather dramatically since the COVID pandemic took hold.

A follow-up questionnaire from August (this time with 2,700 respondents) shows demand has waned immensely. Only 4 percent of respondents said they were planning on getting themselves a battery electric vehicle. (Read More…)

Once reserved for aircraft and the world’s most expensive sports cars, carbon fiber has been gradually wriggling its way into the mainstream. On Thursday, Nissan announced it had whipped up a method to manufacture carbon fiber reinforced plastic (CFRP) more easily and shorten production time by around 80 percent — adding that it planned to take advantage of the material in order to build increasingly lightweight cars.

The manufacturer also suggested the new process will reduce the cost of manufacturing CFRPs, addressing the industry’s favorite excuse for why they don’t use it more often. That said, the financial inconvenience of implementing carbon fiber is really a byproduct of how labor intensive it is. Most parts are laid into molds one layer at a time with the help of an expert and use vacuum pressure to ensure the resin sets evenly, since they can’t be machine pressed. Yet Nissan felt stamping was the way to go with carbon fiber and claims to have figured out how it should be done. (Read More…)