Should you find yourself at Pebble Beach this weekend for the golf course’s famed Concours d’Elegance, you’ll be able to gaze upon the prototype for Jaguar’s newest skunk works project, the Lightweight E-Type.
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When Delphi emerged from a long, drawn-out bankruptcy in 2009, the Federal Government’s Pension Benefit Guaranty Corp assumed a six billion dollar liability in underfunded pension plans. As a consequence, many Delphi salaried employees have lost the majority of their pensions. But when Delphi Automotive incorporated after the bankruptcy, that incorporation took place in the United Kingdom.
Now the IRS is actively pursuing claims against Delphi for tax liabilities — but “new Delphi” would rather pay taxes to our former colonial masters.
On a percentage scale, through the first seven months of 2014, the only auto brand improving its year-over-year U.S. sales tally more proficiently than Jeep is Maserati. In other words, Jeep is the fastest-growing volume auto brand in America in 2014.
Based on pure volume gains, no auto brand, certainly not Maserati, has improved on its seven-month 2013 sales total as successfully as Jeep has, with 120,708 extra sales over the last seven months. Read More >
The next time you visit a Chevrolet or GMC showroom to check out a full-size or mid-size pickup, you may find the truck’s curb weight to be heavier than once advertised. That’s because General Motors has decided it will no longer remove items to make payload.
Back in May, we reported on the rather fat inventory levels of Cadillac’s products, examining through the context of the one product with less than 100 days of supply – the SRX crossover. A few months later, dealers are tight on the newly redesigned Escalade, but the inventory picture for Cadillac’s car lineup hasn’t gotten much better.
If any of you were hoping for a small crossover underneath the Subaru XV Crosstrek, you may breath now. The Pleiades-bedecked automaker has no plans for such a thing, as it has its sights on the Mulsanne Straight.
It’s difficult to possess anything other than low U.S. sales expectations for GM’s new pickup trucks, the Chevrolet Colorado and GMC Canyon, even before you know the exact prices, or the prices people actually pay for new Silverados.
Toyota Tacoma volume, prior to this year, was perking up, but not nearly to the level it was at in 2006. Similar statements can be made regarding the Nissan Frontier and Honda Ridgeline. Numerous other pickup trucks have disappeared, and remaining competitors haven’t been able to take advantage of those disappearances.
By sports car standards, Jaguar is selling a lot of F-Types. By Jaguar standards, Jaguar is selling a lot of F-Types.
But Jaguar USA isn’t doing so much with the selling of its other cars.
Toyota is not going to be expanding any plants in the United States, even as they are forced to absorb further production of the Toyota Camry as their assembly deal with Subaru winds down.
One of the bloodiest battlegrounds in the electric car wars is the topic of government subsidies for EV purchases. In the American case, it’s the $7500 federal tax credit for EVs and the various state incentives including California’s current $2500 rebate. In Europe and Asia, a variety of EV promotion schemes have frequently been the subject of acrimonious debate. Much of the disagreement arises regarding the perceived “fairness” of rebates: defenders of subsidies generally claim that they help put EVs in the hands of middle-class consumers, with critics charging that they only serve to line the pockets of the wealthy. Now one California lawmaker wants to revamp the state’s subsidy program by capping the income level for households receiving EV rebates.
Further along in its investigation of potential industrial espionage, the FBI has acquired access to the work email of former Ford engineer Sharon Leach.
A number of antitrust probes into companies such as Microsoft, Audi and Chrysler may be hinting at China’s preference for domestic firms over the transplants.
Just four years ago, Tesla and Toyota entered into a relationship where the former would supply battery packs for the latter’s RAV4 EV. In turn, Toyota invested $50 million in Tesla, and sold the NUMMI facility — which Toyota once shared with General Motors — for $42 million. Things have changed, in the sage words of Bob Dylan.
Though peak oil usually refers to when production reaches the highest point it’ll ever see before coasting back down to the same level once experienced in the 1800s, a new report reveals a different oil peak will come in the next few years: the total product consumed worldwide.
The first teaser shot of the Chevrolet Volt has emerged, with the car debuting at the 2015 North American International Auto Show. Read More >
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