Just over five years after the Great Recession tightened consumer lending standards on everything from cars to houses, Experian Automotive is forecasting growth in the subprime market for 2014, including longer loan terms and increased delinquencies.
Just in time for the 2014 Delhi Motor Show — where the above Datsun Redi-Go concept made its debut this week — Renault-Nissan launches production of the revived brand’s Go subcompact at their plant in Chennai, India.
Andy Granatelli died this past Sunday at the age of 90. He was a man worthy of note in the world of cars and the world of business. His sponsorships via the STP oil additive company changed the way automotive product companies used motorsports and vice versa. A larger than life personality, and a genuine character, Granatelli’s two Indy 500 wins as an owner were in many ways overshadowed by the near misses at Indy of his revolutionary turbine powered racers. A man of considerable accomplishments in racing and in business, no doubt. It seems to me, though, that his most enduring influence on the automotive world (and the basis of some of the longest enduring automotive speed records) was his popularizing of forced induction, specifically superchargers. Read More >
Haven’t you heard the exciting news? There’s a new Corvette out this year! Cadillac is building convertibles again! The VW Vanagon has a water-cooled engine! Oldsmobile is offering some kind of voice warning doohickey and the FIRENZA HAS NEW TRIM OPTIONS!1!!11! All with interest rates hovering just under 13%! It’s 1984, and I just can’t wait to check out the goods at the auto show.
The last time Toyota debuted a concept thought to be the return of the Supra — the FT-HS, to be exact — the end result was a three-pack of boxer-powered, rear-driven madness with a low price point. Could Toyota’s latest upcoming concept for the 2014 Detroit Auto Show finally be the one?
In the United States, most vehicles leaving the showroom today come with some form of shifting that involves very little, if any, input from the driver, from the dual-clutch driven Porsche 918 Spyder, to the CVT-powered Nissan Versa Sedan.
In the United Kingdom, however, the manual is still king.
Customers in Latin America may soon have another cheap transportation option if Nissan CEO Carlos Ghosn decides to build Datsuns in Mexico.
Every year, new cars arrive in the showrooms. Some are brand new to the world, others go through evolutions and revolutions. Yet, every year, some cars are sent off to the showroom in the sky.
While Nissan plans to resurrect Datsun to battle Toyota’s scions in North America, the automaker is bringing Infiniti back home to Japan by delicately mounting its badge just so upon the grill of what will be the Skyline sedan. Just the badge, though.
Photos: RM Auctions
Back in 2011, as part of its reorganization, Italian design house Bertone auctioned off some of its collection of concept cars in conjunction with the Villa d’Este concours that year. Marcello Gandini’s Lamborghini Marzal, with it’s glass gullwing doors, and its $2,170,369.10 USD sale price, got the lion’s share of the attention in that sale, but one of Giorgetto Giugiaro’s creations also on sale that day, the 1963 Chevrolet Testudo, may have been a more influential design in the long run than the Marzal. Testudo is Italian for turtle, an allusion to the sharp beltline separating top and bottom halves of the car. Though I can see the testudine influence, I’ve never seen a tortoise or turtle look this sleek and fast.
With every mountain climbed, every river crossed, and every supermarket parking lot conquered since its showroom debut in 2006, the Toyota FJ Cruiser prepares to retire to the countryside in 2014.
Unless you pay a visit to Mr. Lang’s lot on the right day or really love Volkswagen, the only wagons available for Americans today are mostly Teutonic, and all come with a high price tag. According to GM North American President Mark Reuss, that’s a problem, and one he’d like to fix pronto.
Nissan. Cadillac. Chevrolet. All brag about being the Lord of the ‘Ring, upsetting the German automakers to no end. Yet, one of them may still have the last laugh through the act of saving the Nürburgring from certain doom.
It’s one thing for Tesla Motors to be the Apple of motoring. It’s another for Apple to be the Apple of motoring. The solution, according to one analyst: Apple should buy Tesla to remain profitable long after the gold rush of smartphones and tablets has disappeared from the rear view mirror.
After the University of Michigan and Southern Methodist University announced that their football teams will play against each other for only the second time ever, SMU issued a press release about what the school says is the role the first game back in 1963 had on automotive history. Essentially the school, whose sports teams are called the Mustangs, is claiming that Lee Iacocca named the Ford Mustang after their football team. Quote SMU:
Even though it was just one game, the 1963 game at Michigan plays a big part in SMU lore. Legend has it that when Ford Motor Company was preparing to introduce the sports car that would gain fame as the Mustang, it was considering other names such as Cougar, Bronco, Cheetah and Colt. But on Sept. 28, 1963, SMU took an undersized but quick team to Ann Arbor to play a massive Michigan Wolverine squad. Michigan gained the early advantage, but had to fight off the feisty Ponies for a 27-16 win.
The story continues that after the game, Ford’s Lee Iacocca entered the SMU locker room and addressed the disappointed Mustangs.
“Today,” Iacocca said, “After watching the SMU Mustangs play with such flair, we reached a decision. We will call our new car the Mustang. Because it will be light, like your team; It will be quick, like your team; And it will be sporty, like your team.”
Ford’s new car got its name, and the rest, as they say, is history.
History? The press release was closer to the truth when it used the words “lore” and “legend”. Read More >
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