Posts By: Matt Posky

By on August 19, 2020

Electric vehicle startup Bollinger announced plans to double its staff on Tuesday and has opened a new headquarters substantially larger than its original building. While its previous move took the company from New York to Michigan, its latest relocation keeps it within metropolitan Detroit — specifically Oak Park, which is roughly four miles away from the old Ferndale facility.

The change is supposed to help ready the business for its upcoming B1 utility and B2 pickup, which will need additional investments to get off the ground, as well as help secure deal with a contract manufacturer. EV companies seem to have no trouble attracting investors, despite most of them looking like carbon copies of each other. All you need is an electric platform that can be shared across numerous nameplates with the least imaginative alphanumeric names imaginable and Wall Street seems happy enough. (Read More…)

By on August 19, 2020

Electrify America, the U.S. company Volkswagen had to create as part of its diesel emissions penance, announced Wednesday that it will work with Love’s Travel Stops to bring ultra-fast electric vehicle charging stations to seven locations in half a dozen states.

While much of the group’s work has revolved around servicing areas (often through business partnerships) where EVs tend to proliferate, the plan has also been to bolster the national charging infrastructure by providing routes that could help facilitate long-distance travel.

The new charging stations  located in Oklahoma, New Mexico, Utah, Florida, New York and Arizona  will account for a combined 28 EV chargers and should available for public use by early 2021. In its announcement, Electrify America said previous work with Love’s allowed it to complete a cross-country route between Los Angeles to Washington, D.C. (Read More…)

By on August 19, 2020

California took on the gig economy by passing updated labor laws (Assembly Bill 5) mandating companies treat contractors more like regular employees. Some predicted this would be the death knell for ride-hailing firms like Uber and Lyft, who are entirely dependent on them for their daily operations. Worse still, these companies remain unprofitable despite most of the the physical expenses being pushed onto drivers — who remain responsible for the upkeep of their own vehicles after receiving their cut of the fare.

Earlier this month, Uber CEO Dara Khosrowshahi published an op-ed in The New York Times suggesting contractors deserved better, but current circumstances dictated that the situation remain largely unchanged. He later suggested the service might have to leave California as it restructured its business model to appease new rules, saying it had to reclassify drivers as employees with all the accompanying benefits (paid leave, minimum wage, unemployment insurance, etc). San Francisco Superior Court Judge Ethan P. Schulman said that would be fine last week when he ruled that Uber and Lyft drivers were essential to operations and could not be treated as tangential to the business. He wanted to be absolutely clear that exemptions would not be made for ride-hailing firms, stating that it was “high time that they face up to their responsibilities to their workers and to the public.”

Uber lost $8.5 billion in 2019, making it difficult to envision a future where it can begin offering more to its drivers. But it also doesn’t want to lose out on market share as the industry jockeys for position. There needs to be another solution.

What about moving to a franchise model? (Read More…)

By on August 18, 2020

China’s Geely Automobile Holdings reported a first-half net profit drop of 43 percent on Monday, a tumble that forced it to reduce end-of-year targets. As you may have expected, the coronavirus was named as the biggest obstacle it had to overcome, especially in its home country. That left Geely (parent to Volvo, Lotus, Proton, Lynk & Co, Emerald Automotive, London EV and more) revising 2020 volume estimates by 6 percent to 1.32 million vehicles against the 1.36 million deliveries it enjoyed through 2019.

While enduring a bad financial year in 2020 is hardly breaking news for any major automotive manufacturer, Geely is one of many Chinese firms with global aspirations. Its role as Daimler’s second-largest stakeholder and ownership of Volvo Cars (with which it is planning a full merger) arguably makes it the corporation that’s closest to achieving that goal, too. Yet the current economic and geopolitical situation served to undermine its ultimate goal of becoming Asia’s answer to Volkswagen Group.

(Read More…)

By on August 18, 2020

The California Air Resources Board (CARB) made a slew of announcements on Monday regarding what types of vehicles will be allowed within the confines of its borders. These included everything from proclaiming aftermarket parts would be subject to a faster approval (or denial) process in the future, to announcing a joint initiative with 15 other states (most of whom joined CA in opposing the fuel efficiency rollback), to accelerating the implementation of electrified buses and trucks.

It also confirmed that California has finalized binding agreements with several automakers to cut vehicle emissions. BMW, Ford Motor Co., Honda Motor Co., and Volkswagen Group all entered into a voluntary agreement with the Golden State to adhere to Obama-era emission mandates last summer. While this prompted the U.S. Justice Department to launch an antitrust investigation into the deal, no action was taken. CARB said those companies — and some of their friends  made a binding commitment to California this month and will commit to its new emission targets, rather than the revised quotas set by the federal government. (Read More…)

By on August 17, 2020

Ever since the first major oil fields were discovered at the start of the 20th century, the world has been on a never-ending hunt to see where else black gold might be hiding. Monetizing seepage areas goes back even further. But with global oil demand having dissipated on account of the pandemic, there’s little reason to spend cash on additional procurement.

Combine that with the green movement doing everything it can to convince governments there’s only one ethical way to handle energy, and we’re likely to be moving into an era where fossil fuels sell for less but cost more to harvest/utilize thanks to carbon emission regulations.

This has left oil companies pondering the true value of seeking new sources of oil, with some having already decided there’s no point. (Read More…)

By on August 17, 2020

There are swaths of London that are famous for drawing in the most ostentatious supercars in existence, often with one of them pin-balling itself down a row of parked cars in a high-end neighborhood. This is especially true in the summer months, when foreign business magnates seeking milder climates unleash their children onto the city. Someone even produced a documentary about it a few years back —  Millionaire Boy Racers — that pitted stodgy Londoners with furrowed brows against young hooligans in six-figure cars.

The real gift arising from the situation is the large number of non-serious crashes involving those ultra-premium rides that the drivers did nothing to achieve. For example, just last week a pink McLaren 570S managed to demolish itself in a 20-mph zone near Montagu Mansions. While we cannot say it was another millionaire boy racer, the fuchsia paint scheme would certainly suggest so. (Read More…)

By on August 17, 2020

Car dealerships around the nation are reportedly having trouble restocking inventories following the prolonged production shutdowns enacted in response to the pandemic. Despite supply chain issues subsiding a bit, Cox Automotive reported the industry only has a 62-day supply of vehicles. That’s approximately 2.3 million sparkly new units, and would be more than enough to keep consumers happy if people didn’t care which model they drove home. Demand may still be suppressed, but the selective nature of shoppers is not.

For example, you may be able to find a Nissan Rogue (the brand’s biggest seller) without much hassle. But finding one equipped how you wanted may be outside the realm of possibility in 2020, depending upon where you live and the fickle winds of fate. And you could apply that same logic to any number of brands, as most continue to note that some suppliers and assembly lines occasionally have to shut down to comply with health mandates. (Read More…)

By on August 14, 2020

With the Ram 1500 TRX assumed to arrive with a V8 making oodles of power, Ford’s F-150 Raptor may round out the year with egg on its face. In 2017, the Blue Oval ditched the model’s 6.2-liter V8 for a 3.5-liter EcoBoost V6 and added a quartet of gears  pissing some die-hard fans of the model right off. Baja boys bemoaned the decision to put a more complicated motor into a vehicle that’s designed to be abused largely off-road, while others were just mad they were missing out on that V8 sound. However, most of those who weren’t obsessed with SVT badging agreed the changes hadn’t ruined the truck and that the second-gen suspension upgrades ultimately made for a better off-road vehicle.

That said, Ram dumping a model onto the market that targets the same audience, and with a V8 on board, is bad news for Ford. But it doesn’t have to be, especially if the noises we hear coming from the tailpipes of the latest test mule are what some listeners claim. (Read More…)

By on August 14, 2020

General Motors’ attempt to revive its RICO lawsuit has failed after a federal court claimed the new evidence presented was too speculative to start the legal process back up. U.S. District Judge Paul Borman dismissed the case with prejudice in July, calling it a “waste of time,” but GM returned with new evidence it hoped might turn the tables.

Filed in November, the General’s case against FCA claims its rival finagled a labor advantage by bribing UAW officials during key contract negotiations. With a federal corruption case still probing the union, and with Fiat Chrysler’s known involvement, it seems like GM might have had a case here. But Judge Borman didn’t think there was sufficient evidence before, and hasn’t changed his mind since.

(Read More…)

By on August 14, 2020

As if we needed more evidence that the people running things may actually be even dumber than we are, Michigan leadership has proposed building a separate lane for autonomous cars to run between Ann Arbor and Detroit. The special road would implement a vehicle-to-infrastructure communications network and is planned to be built alongside Michigan Avenue and I-94 as its own separate lane. Kind of like a bus line or railroad.

Reminiscent of the “Highway of Tomorrow” that premiered in General Motors’ 1956 Motorama short Design for Dreaming, where a woman dances around the latest automotive products before the whole thing descends into futurist madness, Michigan’s more-modern concept is only slightly less ridiculous. State governor Gretchen Whitmer announced the project on Thursday, noting that it already had support from both the public and private sectors.

That doesn’t mean it will leave the realm of fantasy, however.  (Read More…)

By on August 13, 2020

Daimler reached an agreement this week to settle U.S. proceedings related to an investigation into software that’s presumed to cheat diesel emissions tests. While not an admission of guilt, it’s going to cost the company a sizable $1.5 billion  which is a lot to spend on a simple misunderstanding.

After Volkswagen Group admitted to using engine management software designed to falsify emission testing data, there has been a target panted on the back of every other company operating within the auto industry. If VW could get away with such shenanigans for years, there’s reason to believe other carmakers may have engaged in similar behaviors. (Read More…)

By on August 13, 2020

General Motors said it plans to share some of the safety technology it developed as a countermeasure to the coronavirus pandemic this week. These include a thermal scanning kiosk that uses infrared imaging to take temperatures of people as they stream into facilities, as well as a touchless printer app designed to keep staff from repeatedly touching the control panel. However, it’s the third item, GM’s contact-tracing software, that’s the most novel and controversial.

Practically every company in the world is working on ways to better track people, and their efforts have only accelerated during the pandemic. The presumption here is that by knowing every person someone has come into contact with, you can effectively track the progress of a virus. Despite sounding terrifyingly dystopian just a few years earlier, the notion has become a favorite among tech giants  most of whom are working on their own version.

GM’s involves a wristband, integrated into iOS and Android devices, that keeps tabs on how close employees are to each other. The company has since added support for Bluetooth beacons.

“We believe our application advances the state of the art when it comes to mobile apps for contact tracing, which is the subject of massive software development efforts across multiple industries today,” Tony Bolton, GM’s chief information officer of Global Telecommunications and End-User Services, said in a release. (Read More…)

By on August 13, 2020

We don’t have to tell you that organizations will frequently go to great lengths to protect themselves, sometimes pursuing unseemly tactics. German investigators are now checking to see if that extends to instances of murder after the body of a suspended Volkswagen employee was found in a burned-out automobile on Monday.

Prosecutors in Braunschweig announced Wednesday that they are looking into the matter, hoping to determine whether or not links exist to a dispute between VW Group and Bosnian supplier Prevent. Volkswagen claimed it was “the victim of an illegal eavesdropping attack” after someone recorded its plans to end its relationship with the parts supplier. Dozens of covert recordings, believed to have been taken by a male staffer, chronicled the process between 2017 and the start of 2018.

Authorities now worry the person found in the burned vehicle may have been their man. (Read More…)

By on August 12, 2020

BMW teased the M3 Touring today, surprising just about everyone, as no one outside the company actually knew it was planning to build a wagon version of the car. Rumors of substance had been circulating for about a month, since we live in the information age, but it’d be a new trick for the M3.

Obviously, we’re going to gush about it because people who write about cars tend to gravitate toward fun vehicles that fly under the radar. Any advantage you can give yourself against the watchful eyes of highway patrol are always welcome, and there’s just something about a quick wagon that makes you feel unique  even if owning one doesn’t automatically make it true. (Read More…)

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