Posts By: Matt Posky

By on July 17, 2020

Fisker Inc.

Henrik Fisker, CEO of Fisker Inc., has announced a deal reached with Volkswagen that allows him to use the German company’s MEB architecture to build the all-electric Ocean crossover. While it seems like the platform is going to turn up everywhere before long, the deal hasn’t actually been made official.

Neither Fisker nor VW feels comfortable saying the arrangement had been finalized.

But that couldn’t contain Henrik’s excitement. The Fisker Inc. founder was on social media this week proclaiming the upcoming Ocean would start at just $29,999. Mathematicians will notice this is less than $30,000 and actually pretty damn cheap for an electric crossover, especially one that’s supposed to contain so much luxury and sustainability (the latest in a long line of empty terms used by the industry). The series of 9s at the end of Fisker’s proposed pricing should have tipped you off that there might be some light shenanigans afoot.  (Read More…)

By on July 17, 2020

You may not have noticed this, but there’s a lot of people wearing masks right now. These individuals aren’t working with drywall or sanding anything, either. You can spot them shopping, walking, or crowded around these new outdoor drinking areas located downtown that force them to huddle together while you attempt to squeeze by — coughing politely to make your intentions known.

After repeatedly Googling “What’s Going On Outside?” it was eventually revealed to your author by a helpful neighbor that there’s some kind of mystery illness nobody knows anything about. They continued explaining, but I had already stopped listening. This new information had me shocked to the core.

All I could think about was how this was going to impact Lyft drivers.

Surely the company has some kind of plan to protect its workforce and make sure they’re not riddled with blood-borne parasites or whatever. Well, we seem to be in luck. On Friday, Lyft said it will distribute around 60,000 vehicle partitions to its busiest drivers as way to protect against the coronavirus while selling customized protective shields to other drivers through the remainder of the summer.  (Read More…)

By on July 17, 2020

Earlier this week, presumed Democratic nominee for president and former shut-in Joe Biden discussed some of the changes he’d make if elected. While most do not overlap with the automotive industry and would force your author to digress into rants about the perils of unchecked government spending, one item tied to his ambitious $2 trillion climate proposal is related directly to cars — and feels uncomfortably familiar.

Biden appears interested in bringing back the Car Allowance Rebate System (aka Cash for Clunkers) from the last recession, or at least a version 2.0 that accelerates electric vehicle adoption and development inside the United States.  (Read More…)

By on July 16, 2020

On Thursday, Uber Technologies Inc. announced the acquisition of transit software company Routematch — suggesting the ride-hailing giant may soon take up busing as a hobby.

Don’t expect it to supplant your local transit authority overnight, however. Routematch clients tend to be dial-a-ride shuttle services (see: paratransit) seeking to outsource the management of daily operations. The company offers analytics, computer-aided dispatching, route scheduling/planning, real-time vehicle tracking, automated fare collection and applications for customers intended to make finding transport easier. Much like Uber, it operates as the go-between between customers and the services they want.

It doesn’t actually own any of the businesses it effectively oversees, making this a match made in heaven.  (Read More…)

By on July 16, 2020

Nissan’s all-important turnaround has been complicated immensely by the coronavirus pandemic. Supply chains fell into in shambles as countless factories temporarily closed as a countermeasure, harming profits as demand came to a screeching halt. Now there’s a looming recession that many economists fear may surpass the Great Depression — though this was a concern years before the COVID response hit the accelerator, thanks to growing debt and the way finance has been allowed to operate for decades.

Seeing the writing on the wall, many automakers have tamped down expectations for 2020. Being in the peculiar position of restructuring before the pandemic hit — which isn’t all that unique within the industry, truth be told — Nissan is reportedly plotting a 30 percent year-on-year cut in global production.  (Read More…)

By on July 15, 2020

Subaru Legacy 2018 Logo Emblem Grille

J.D. Power’s Automotive Brand Loyalty Study dropped this week, with Subaru and Lexus predictably topping the charts. Subaru actually edged out Toyota by a hair in the mainstream segment by retaining 60.5 percent of its owners, and is assumed to be aided by younger generations just getting into vehicle ownership. This is something we can back up anecdotally, as many drivers look back fondly at the nameplate and are eager for a second helping.

If your author had a nickel for every person that happily reminisced about the hand-me-down Subaru Legacy or Forester wagons they drove during their formative years, he would have a jar full of coins wasting space on a shelf somewhere because nickels aren’t particularly valuable.  (Read More…)

By on July 15, 2020

If you happen to find yourself running a section of this country and would like an automaker to build a factory there, we’ve got a couple of tips to help improve your odds. It might be unfair to call them tips, however, as they’re common knowledge and realistically the only way to get a business to settle on your land. Step One involves promising as much money and as little regulation as possible. Step Two involves waiting for their response.

Hoping to beat out Oklahoma as the home of Tesla’s Cybertruck, Texas is attempting to dazzle the electric automaker with the tax breaks it knew the company wanted. All the automaker has to do is spend over a billion dollars to build its facility in Travis County.  (Read More…)

By on July 15, 2020

Volkswagen Group plans to transfer software development leadership to its Audi division following an embarrassingly high number of technical glitches on some of its upcoming products.

With the industry committed to making sure tomorrow’s cars more closely resemble today’s phones, some automakers have decided to do the brunt of their coding in-house. VW decided to increase the share of its software it’s responsible for — targeting 60 percent of all the code that goes into its products by 2025 — but problems cropped up en route to its destination. (Read More…)

By on July 14, 2020

A bundle of U.S. states and the District of Columbia unveiled a joint memorandum of understanding on Tuesday targeting the proliferation of medium and heavy-duty electric vehicles.

News of the agreement comes less than a month after the California Air Resources Board (CARB) showed off a policy that would legally obligate manufacturers to sell an increasing number of zero-emission vehicles (ZEVs) from 2024 onward. That plan aims to basically eliminate diesel-powered semis by 2045, though the new memorandum has its sights set on 2050.  (Read More…)

By on July 14, 2020

BMW revealed the production version of the iX3 crossover this week, adhering as closely to the 2018 concept as possible. More aerodynamic than your standard X3 and adorned with visual cues hinting at its status as a zero-emissions vehicle, Bavaria’s newest electric seems adequate transportation for those with modest expectations.

But this is supposed to be the first vehicle in the brand’s upcoming product offensive, a strategy aimed at helping it transition into the next Tesla or whatever fantasy scenario corporate leadership has deluded themselves into. Forget the i3 — this is what it looks like when BMW gets serious about electrification. That’s the marketing line being used to stir interest, at least. However, it starts to unravel a bit when you look at the vehicle’s capabilities and planned trajectory. (Read More…)

By on July 13, 2020

Image: Ford

With Congress having politicized their nearly identical bills on police reform into another deadlock, many local governments have decided to pick up the slack by embracing activists seeking to dismantle law enforcement. Most of these don’t concern us as automotive enthusiasts and offer few perks or comfort to your average citizen. Then the City of Berkeley floated an idea that actually sounded halfway decent.

Rather than abolishing the police entirely, the famously progressive Californian town suggested ending routine traffic enforcement. However, you may want to hold off on making any illegal modifications to your car and postpone any burnout competitions you were planning on hosting. The proposed arrangement doesn’t officially endorse lawless roadways, though they may still be possible during the transitional period.  (Read More…)

By on July 9, 2020

On Wednesday, Lucid Motors announced plans to open 20 retail locations and service centers across North America by the end of 2021. They’ll be called “Lucid Studios,” helping the company herald in what it considers “new standards for sustainable transportation” via the sale of luxury vehicles.

You know as well as we do that this type of language is customary among EV startups trying to sell you on the concept of shopping your way into a healthier environment. Yet the strategy appears to be working. Electric vehicle firms seem to enjoy nothing but victory on this continent right now — even if they seem to be dying off in places like China — and are poised to make big moves over the next few years.  (Read More…)

By on July 9, 2020

Fisker Inc. is reportedly in talks to go public after seeing how well other electric vehicle manufacturers (prospective or otherwise) have performed on Wall Street this year. In case you missed it, Tesla became the most valuable automaker on the planet this summer, while startup Nikola saw its shares explode through the ceiling ⁠— despite having never manufactured a single product for purchase.

It seems like complete madness, so it aligns perfectly with just about everything else that’s happened in 2020.  (Read More…)

By on July 9, 2020

Tesla is reportedly “very close” to achieving complete driving autonomy, according to CEO Elon Musk.

“I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk said during a video message for the opening of Shanghai’s annual World Artificial Intelligence Conference.  (Read More…)

By on July 8, 2020

Parts supplier Continental says the extended lockdown protocols that closed countless automotive factories and dealerships will result in the worst quarter witnessed since the Second World War. It also isn’t overly optimistic about Q3, as supply chain issues will continue making normal business operations difficult while the global recession begins to take hold.

“The second quarter is just behind us. It will be the historically weakest quarter for the auto industry since 1945,” Continental Chief Executive Elmar Degenhart said, according to a transcript of a speech due to be delivered at the company’s annual shareholder meeting on July 14 that was intercepted by Reuters(Read More…)

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