Category: Industry

By on September 22, 2016

2015 Chrysler 300S

After securing hundreds of millions of dollars in investments from General Motors and a new lease on life for the Oshawa assembly plant, Canadian Detroit Three autoworkers union Unifor is sharpening its bargaining pens to tackle Fiat Chrysler.

Today, the union identified the automaker as the company next in line to hammer out a contract deal with. After the GM deal, FCA will need to promise something big, and that could mean a commitment to an aging plant filed with aging models. Read More >

By on September 22, 2016

General Motors #AMERICA

General Motors is searching for savings under every RenCen couch cushion as it ramps up a profit-boosting cost-cutting effort.

The automaker has already chopped plenty of what it sees as fat, and is so confident in its streamlining abilities that it now claims it could weather a major plunge in sales. Even, say, a 40-percent dropoff.

For a company that knows all about sales plunges — recent ones, too — this is pretty confident talk. It has to be, as GM wants you — yes, you! — to invest. Read More >

By on September 22, 2016

Tesla Model X

After its two-year-long bid to gain a sales foothold in Michigan hit a brick wall, Tesla has filed a lawsuit against the state.

The suit, filed in a U.S. District Court in Michigan, targets governor Rick Snyder and other top officials, Reuters reports. Read More >

By on September 22, 2016

2017-audi a4

The dwindling supply of new vehicles offering a row-your-own driving experience spurs fewer tears than before, but the three-pedal setup isn’t dead yet.

In fact, offering a manual transmission is still worthy of boasting about through official channels. As it rolls out the 2017 A4, Audi wants you to know there’ll be an option to ditch the PRNDL pattern on all-wheel-drive models, allowing spirited motorists the increasingly rare opportunity to take full control of their gear changes.

Oh, and those other guys? Yeah, they don’t offer one. Audi made sure to remind us of that. Read More >

By on September 22, 2016

2017 Honda HR-V

Within months of the Honda HR-V arriving in North America, it seemed as though the Honda Fit was dead to rights.

Last summer, U.S. sales of the Honda Fit tumbled 35 percent as the starting point of a second-half in which Fit sales would plunge 54 percent.

The cause was obvious, or so it seemed. Consumers don’t want subcompact cars, consumers want subcompact crossovers.

With the subcompact crossover, the Honda HR-V, lining up alongside the subcompact car, the Honda Fit, inside Honda showrooms, consumers were driving away in HR-Vs 80 percent of the time.

Fast forward one year: it seems as though Honda has remedied the situation. Not only are U.S. sales of the Fit rising rapidly, the Honda HR-V continues to strengthen its share of the American subcompact crossover market.

How’d they do it? Don’t tell a certain presidential candidate, but it’s all because of Honda’s Japanese-Mexican arrangement. Read More >

By on September 22, 2016

2012 Buick LaCrosse eAssist, Interior, fuel economy, Picture Courtesy of Alex L. Dykes

As low gas prices persist and electric vehicles fail to find the widespread traction once predicted by the Obama White House, automakers have supercharged their fight against the country’s lofty 2025 fuel economy target.

Fuel prices and the popularity of trucks and SUVs means the federal 54.5 mile per gallon target isn’t reasonable, automakers say. Continuing down the same road and pretending the landscape hasn’t changed? That’s a recipe for disaster, according to industry groups. Read More >

By on September 21, 2016

2016 GMC Sierra Denali Ultimate

Trucks are coming back to Oshawa — kinda.

According to The Globe and Mail, a $400-million investment will fund upgrades necessary for Oshawa to perform final assembly of General Motors pickups using bodies manufactured in Fort Wayne, Indiana, and shipped to Canada.

Read More >

By on September 21, 2016

2016 Honda Civic sedan

It’s long past time to put the bike (myth) away.

Outside of certain urban centers, Millennials are cuckoo for cars. Jobs and families and lifestyles, you see. As more members of the youngest car buying cohort show up at dealers looking to sign on the dotted line, their method of payment is evolving, too. Read More >

By on September 21, 2016

McLaren Apple

British supercar maker and racecar developer McLaren Technology Group has refuted a report claiming it is talks with tech giant Apple ahead of a possible takeover.

A McLaren spokesperson has told Street Insider that the earlier report, published in the Financial Times, is incorrect. Read More >

By on September 21, 2016

Ford F150 assembly line

It seems as though you can’t turn around on the streets of Atlanta or the suburbs of Austin or the outskirts of Albuquerque without seeing a Ford F-Series pickup truck.

For 34 years running, Americans have registered more copies of the F-Series than any other pickup truck. A wide-ranging model lineup (just like its competitors) and top-selling rivals that split their sales between brands means Ford consistently and overwhelmingly sells more full-size pickup trucks than any other automobile brand in the United States. At the current rate of growth, Ford will sell more than 800,000 F-Series pickups in 2016, more than at any point since 2005.

While it’s impressive that Ford owns 30 percent of the American pickup truck market, perhaps the more daunting figure shows that 1 out of every 22 new vehicles sold in the U.S. is a Ford pickup truck.

But don’t be so easily impressed. Look northward, where the Ford F-Series is far more popular than it is in the United States. Read More >

By on September 20, 2016

ford-autonomous-car-technology

The federal government doesn’t want to leave the issue of autonomous vehicle safety for states to decide, and may create new powers of oversight and approval for autonomous technology.

After president Barack Obama laid out his goals for the industry in a Pittsburgh Post-Gazette op-ed yesterday, the National Highway Traffic Safety Administration issued a set of voluntary guidelines to manufacturers today, asking them to prove their vehicles are safe before entering public roadways. Read More >

By on September 20, 2016

2017 Chevrolet Bolt EV

After revealing the 2017 Chevrolet Bolt’s surprising EPA-estimated range (238 miles), General Motors has now rolled out the price for its long-awaited electric car.

What will it take to get into Chevy’s EV? $37,495, which includes destination. A federal tax credit lowers that to $29,995, or five bucks below the “affordable car threshold” so sought after by EV builders. Read More >

By on September 20, 2016

2015 Ford F150

Are the economic successes of Wall Street not being passed down to Main Street? Are concerns over the future post-November direction of the country fostering caution in the minds of consumers? Did certainty regarding forthcoming autumn incentives postpone summer purchases?

And might the benefits of a burgeoning midsize pickup truck class finally be inhibiting demand for full-size pickup trucks?

Whatever the reason, U.S. sales of full-size pickups declined in the summer of 2016 after growing much faster than the overall market coming out of the recession.

In fact, in August 2016, all six nameplates in the category produced fewer sales than they did one year earlier. During the same period, sales of midsize pickup trucks jumped 39 percent. Read More >

By on September 20, 2016

Jerry Dias, Unifor President, Image: OFL Communications Department (Flickr) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

After contract negotiations went right down to the midnight deadline, GM Canada and autoworkers union Unifor reached a tentative deal last night, averting a looming strike at Canadian GM plants.

Bargaining teams from the automaker and Unifor, which represents Detroit Three workers in Canada, reached what union boss Jerry Dias called “a framework for a tentative agreement.” Not only does the deal avert a shutdown at three Ontario GM facilities, it saves the threatened century-old Oshawa assembly plant.

No jobs will be lost, and a new (but unnamed) product will go into production in Oshawa. Read More >

By on September 19, 2016

2013 Land Rover Range Rover Evoque, Exterior, Front 3/4, Picture Courtesy of Alex L. Dykes

Ford Motor Company stuck a “for sale” sign on Jaguar Land Rover as the world spiraled into the 2008 financial crisis, but its engines still beat within many of the British automaker’s models.

That will soon change, as the Tata Motors-owned company continues its rollout of in-house engines designed to reduce its dependence on other companies. Read More >

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