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By
Timothy Cain on March 9, 2016

Through the first one-sixth of 2016, U.S. sales of passenger cars sold by so-called premium brands plunged 17 percent. That year-over-year loss of nearly 25,000 sales occurred over the course of the auto sales calendar’s two lowest-volume months.
Lost in the story of booming auto sales volume in February 2016 — the highest-volume February since 2001 — was the underachieving premium market. Auto sales jumped 7 percent in February, a gain of 86,000 units, but 19 premium brands — from sector-leading Mercedes-Benz to one-model Alfa Romeo — combined for only a 1-percent year-over-year uptick during the same period.
Why, in such an apparently healthy market, are premium auto brands collectively losing market share? Read More >
By
Steph Willems on March 8, 2016

Is Tesla planning a Model S update that squeaks past 300 miles of range?
That, a savior is needed at Lada’s parent company, Nissan wants your future car to be everything, Ford goes all in down under, and pedestrians and cars are meeting frequently … after the break!
Read More >
By
Steph Willems on March 7, 2016

The midsize sedan that can’t catch a break is continuing to darken a plant where workers can’t catch a shift.
The Sterling Heights, Michigan assembly plant that produces the Chrysler 200 will remain closed for another three weeks, Automotive News reports, extending the temporary closure to a total of nine weeks.
Slow sales and a steep inventory glut are to blame for the shutdown, which was needed for supply and demand to regain equilibrium. Read More >
By
Timothy Cain on March 7, 2016

The good news? Volkswagen of America sold more new vehicles in February 2016 than the company managed to sell in January 2016.
The bad news? Improving upon January’s results was a given. February volume was significantly stronger across the industry, just as it always is. Even as industry-wide sales grew 17 percent compared with January, Volkswagen sales grew 11 percent. And while the industry surged to its best February results since 2001, Volkswagen brand sales still fell to the lowest February total in five years. Read More >
By
Steph Willems on March 4, 2016

Gasoline is gloriously cheap and the automotive industry is taking a break from the tiresome “more mpg” game.
That, Christmas comes early for Volkswagen employees, Carlos Ghosn has a plan to save big bucks, Google is luring more humans and Bentley can’t build enough SUVs for the “you call this caviar?!” crowd … after the break!
Read More >
By
Timothy Cain on March 4, 2016

The plan was straightforward. With demand for conventional midsize cars gradually decreasing and buyers in Fiat Chrysler’s U.S. showrooms increasingly turning to flexible Jeep SUVs, Chrysler 200 production would be temporarily shut down. Inventory was piling up. Inventory needed to be cleared out.
Rather than build more sedans, which would simply be piled up on top of existing unsold 200s, a six-week production hiatus would allow time for 200 supply and demand to realign at more realistic levels.
But the clear-out of those existing, unsold 200s — Automotive News says Chrysler had a 217-day supply of 47,000 200s at the beginning of February — isn’t having any measurable impact on 200 sales. In fact, while FCA wants to see 200s leaving showrooms in order for space to be created for new 200s once production is reignited, demand for the 200 is drying up. Read More >
By
Mark Stevenson on March 2, 2016

It seems Sergio Marchionne may be switching teams when it comes to shacking up with another company to build cars of the future, reports Bloomberg.
At the Geneva International Motor Show, the self-confessed Apple geek said that Fiat Chrysler Automobiles would be well-suited to contract build a car designed in California.
“I would assume that we have the credibility to be one of the players they have looked at,” Marchionne said in Geneva. “There are parts of us that would be interesting for them.”
Read More >
By
Steph Willems on March 2, 2016

An anticipated multi-billion dollar lawsuit from disgruntled Volkswagen shareholders is without merit, the embattled German automaker said on March 2.
A document made public by Volkswagen states that the suit, which alleges a violation of disclosure obligations under capital markets law, is doomed to fail following an examination by legal experts from both inside and outside of the company.
Read More >
By
Ronnie Schreiber on March 1, 2016

(Caveat: I know nothing at all about stocks, bonds or other financial instruments.)
After automotive startup Elio Motors raised approximately $17 million dollars in a Reg-A+ stock offering the company crowdsourced from small investors via StartEngine, it said its shares would be listed on the OTCQX exchange to provide those investors with liquidity.
It’s probably too early to call Elio another Tesla (whose own market capitalization probably exceeds its actual value), and I don’t know how many of those investors are going to sell their stock so soon. But, if they did, they would have more than doubled their money in less than two weeks as of Monday’s close. Read More >
By
Steph Willems on March 1, 2016

Amsterdam’s port facility is more crowded than a Walmart on Black Friday and it’s all China’s fault.
That, BMW wonders how it all went wrong, Millennials bare their souls to a salesman, Toyota walks down memory lane, and a safety regulator has some explaining to do … after the break!
Read More >
By
Steph Willems on February 29, 2016

After staying relatively clean in the ongoing diesel emissions scandal that’s keeping European automakers up at night, Mercedes-Benz now finds itself the potential target of an Environmental Protection Agency investigation, Automotive News Europe reports.
The EPA’s request for information targets the nitrous oxide emissions of the company’s Bluetec diesel engines, and comes less than two weeks after a class-action lawsuit was filed by law firm Hagens Berman (of General Motors ignition switch fame).
Yes, that sound you’re hearing is executives loosening their collars in Stuttgart.
Read More >
By
Steph Willems on February 29, 2016

The CEO of Honda is pulling the car over and giving a stern lecture to the kids in the backseat.
That, a Scion gets a corporate makeover, Google goes in for autonomous feng shui, Fiat Chrysler Automobiles is drowning in modules and a famous British racetrack could get even Britisher … after the break!
Read More >
By
Steph Willems on February 28, 2016

The Environmental Protection Agency is pointing at its watch and glaring at Volkswagen.
That, an opening for the Swedes, an electric propulsion prediction, a high-end guy gets a new job, and Tesla gets targeted in Hoosierville … after the break!
Read More >
By
Steph Willems on February 27, 2016

The author of the most famous — and controversial — book ever penned about the automotive industry turns 82 today.
Automobile safety crusader Ralph Nader probably wouldn’t have made it to this ripe old age if the industry hadn’t made design changes and undergone cultural reforms in the wake of his scathing 1965 publication “Unsafe at Any Speed.”
That book, which laid bare design flaws and the general lack of regard for safety during the then-Big Three’s heyday, ultimately sunk the innovative ‘swing axle’ Chevrolet Corvair — or as Nader called it, “The One-Car Accident.”
Read More >
By
Seth Parks on February 25, 2016

Autonomous vehicles and shared mobility are invoked in our contemporary discourse as an inevitable fate. There is an unsettling undercurrent rippling around a not altogether desirable future for the automobile as we know it. I am not anti-progress, anti-technology, or otherwise prone to romanticizing yesteryear. I welcome the convenience and safety of new technologies and look forward to the day I can work during my freeway commute. However, the pleasure and freedom I occasionally indulge — “shifting and drifting” in the words of Canadian rock band Rush — appears increasingly at risk.
How many years are left before we’re no longer able to sit at the left front corner of our cars, row through the gears, and take ourselves on whatever path of discovery we please.
How many self-driven years remain?
Read More >
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