Category: Industry

By on June 29, 2018

FCA sign, Image: Fiat Chrysler Automobiles

Fiat Chrysler Automobiles won’t comment on a report claiming Hyundai Motor Group plans to launch a bid for the automaker, but that’s what sources with knowledge of the matter tell the Asia Times.

The sources claim HMG CEO Chung Mong-koo is biding his time, waiting for FCA’s stock to fall before moving forward on the potential takeover. Reportedly, Hyundai could launch the bid within months. Read More >

By on June 29, 2018

Image: Honda

There’s probably no shortage of eyeball rolling over this headline, as manual transmissions wouldn’t be fading out of the marketplace if buyers actually desired one.

Once upon a time, a stick-shift guaranteed better fuel economy, but those days are pretty much gone. It was also a great way to reduce the entry price of a particular model, but automakers’ thirst for larger margins and fewer configurations means what few base, stick-shift models roll off the line are often hidden from consumer view in the real world. This only serves to sink popularity even further.

The ongoing trend has apparently reached the Honda HR-V, which undergoes a mild refresh for the 2019 model year. As part of this update, say goodbye to the six-speed manual in Honda’s smallest ‘ute. Read More >

By on June 29, 2018

2018 Lexus LS at NAIAS Front, Image: © 2017 Mark Stevenson/The Truth About Cars

There’s only one more North American International Auto Show to go before America’s premier automotive event trades its bitter winter winds for temperate climes.

After months of rumor and speculation, the Detroit Auto Dealers Association — the organization behind the show — declared Thursday that it will no longer hold the event in January. After the 2019 show, journalists will no longer be able to watch icebergs form on the Detroit River. Read More >

By on June 28, 2018

2018 Toyota Camry LE - Image: Toyota

Toyota’s not going silently into a potential future where tariffs are as prevalent as man buns and tattoos in a brewpub. In its submission to the U.S. Commerce Department, Toyota wants the government to know it’s a standout business, and that a tariff on imported automobiles and auto parts would backfire.

Even for vehicles built in the U.S., American buyers would face a steep price hike, Toyota claims. Care to fork over an additional $1,800 for a Kentucky-built Camry? Meanwhile, a Canadian supplier association representative warns of “carmageddon” if the tariffs come to pass. Read More >

By on June 28, 2018

ford logo

Who doesn’t love a battle between automakers? Personally, I find the upper-crust sniping between Rolls-Royce and Lagonda both charming and hilarious, but the fun ramps up when the fight involves builders of more accessible products.

In a Wall Street Journal article published late Wednesday, Tesla CEO Elon Musk copped to sleeping under his desk near his Fremont assembly plant’s body shop, part of an all-out effort to reach a lofty (and delayed) June 30th production target. Some of the plant’s assembly work has moved into a large outdoor tent. Old-fashioned manpower has been called in to help crank out vehicles. This, from an automaker that not long ago expressed worry that wind resistance might slow down the pace of its futuristic automated assembly line.

Musk admitted he’s made some mistakes. There’s a tent, after all. But that didn’t stop him from telling the reporter, “I think there’s a good vibe—I think the energy is good; go to Ford, it looks like a morgue.”

Ford was quick to respond. Read More >

By on June 27, 2018

Rolls Royce Cullinan

As connoisseurs of fine gemstones all know, the world’s largest fine-cut colorless diamond is the Cullinan, otherwise known as the Star of Africa. It was only natural that Rolls-Royce chose the name of the largest of the Crown Jewels for its high-sided car (or whatever term it uses for its new SUV).

Also contained in that vast London collection is a lesser stone, the Cullinan II, but don’t expect Rolls-Royce to bend to industry norms and craft a second, smaller SUV for lesser-monied buyers. That’s just not in the cards, the automaker’s boss claims. Unless, of course, it is.

Gotta go with the flow, you know. Read More >

By on June 27, 2018

It’s an exciting time to be a manufacturer of bulletproof cars. Violent crime in Latin America is booming right now. For example, growing levels of drug-related violence made 2017 Mexico’s most murderous year on record, based on government statistics.

The problem has resulted in a 10-percent increase in demand for the nation’s car-armoring services this year, according to the Mexican Automotive Armor Association. Still, Mexico’s 3,284 bullet-resistant cars are nothing compared to the 15,145 vehicles armored in Brazil last year. That country holds an even higher murder rate per 100,000 inhabitants.

The armoring industry expects to see a 25 percent jump this year, as both governments predict further increases in crime. As a consequence, some automakers have decided to simply start offering from-the-factory protection to eliminate the customer’s need to seek bulletproofing elsewhere.  Read More >

By on June 26, 2018

While it hasn’t been without reprieve, much of our automotive history has been occupied with manufacturers perpetually hunting for more power. The pursuit is a no-brainer. A motor releasing more energy than its rivals means a faster car and more bragging rights. Nowhere is this better epitomized than the muscle car era, where domestic automobiles morphed into ludicrously overpowered machines that we still look back upon with fondness.

The power wars continue into the present day. Dodge’s Challenger SRT Hellcat and Demon dragster are a prime examples, but Ford now hopes to rival the Hellcat with its Mustang Shelby GT500. Chevrolet made a valiant attempt with its Camaro ZL1. The quest for power spills over to everything from utility vehicles to hypercars, but there are other ways to go about building a swifter vehicle. You could always place it on an aggressive diet. Read More >

By on June 26, 2018

Last week, we discussed how the motorcycle industry’s total failure to entice new riders for over a decade has come back to bite it in the ass. Two-wheeled ownership declined drastically in the United States after the Great Recession and never really bounced back. Blame a disinterested population of youngsters with less discretionary funds and few entry-level options to consider.

I speculated that automakers could be on a similar path, despite the passenger car segment being more of a necessity for average commuters and less apt to collapse outright. But that isn’t to presume they might not be subject to similar pitfalls, and we’ve a new one to consider. Harley-Davidson, which serves as the poster child for the motorcycle industry’s current crisis, recently announced it will end all U.S. production of motorcycles sold in Europe.

Those bikes will now be manufactured overseas. The company said in a regulatory filing with the U.S. Securities and Exchange Commission that retaliatory tariffs levied by the European Union on motorcycles exported from the U.S. jumped from 6 percent to 31 percent. Harley-Davidson’s already expensive products come at an additional premium in Europe, and the the company estimates the new fines will add another $2,200 per motorcycle, on average. Read More >

By on June 26, 2018

2017 Land Rover Discovery, Image: © 2017 Matthew Guy

Volvo wanted to bring the sometimes terrifying concept of an electric car out of the shadows and into the mainstream, so it promised fully electric versions of new models launched after 2019. These vehicles will supplement the brand’s hybrid and mild-hybrid offerings.

No longer will the electric car be a standalone model (or model line) with unfamiliar, oddball styling. Mercedes-Benz and BMW agree with this approach, to some degree. Others, like Volkswagen, do not.

Now, Jaguar Land Rover’s joined the fray. The British automaker just announced plans to boost investment by 26 percent over the next three years — an extra $18 billion — to create EV versions of its existing vehicles. That doesn’t mean you’ll get the clean, green vehicle of your dreams, though. Read More >

By on June 26, 2018

Image: Audi AG

Audi had hoped to unveil a new challenger to Tesla’s electric throne at a Brussels marketing event, but the ill-timed arrest of its former CEO forced the automaker to shelve those plans. Rupert Stadler remains in custody, casting a dark cloud over the brand and the vehicle its engineers spent years developing.

What to do? Apparently, the solution involves bundling the car into a plane and sending it to America. Read More >

By on June 26, 2018

2019 Honda Insight - Image: Honda

Attractive. Well received. A winner on paper. Technologically advanced. Badged with a logo that keeps producing record sales numbers.

One would assume that this is all that’s needed for the Honda Insight to be a raging marketplace success, at least in 1999.

1999 this is most certainly not, which highlights one glaring problem: the 2019 Insight is an attractive, well-received, impressive-on-paper, technologically-advanced Honda sedan.

Sedan. Sedan? Yes, sedan. Read More >

By on June 25, 2018

Image: Steph Willems/TTAC

Ugh, you say. Wagons. A painfully uncool body type you swore off during childhood and haven’t reneged on since. A body type drooled over and feted by journalists who never put their meagre income where their mouth is. Yes, wagons. They remain part of our our automotive landscape, just a vanishingly small part of it.

But who’s buying them, and where? We have the answers. Read More >

By on June 25, 2018

2018 Chevrolet Bolt - Image: Chevrolet

Should Tesla hit its vaunted 5,000-Model-3s-per-week production target at the end of this month (a figure that means nothing if it can’t be sustained over the long term), the electric automaker faces another hurdle: the impending phase-out of the $7,500 federal EV tax credit.

While Tesla isn’t the only automaker staring down the barrel of this incentive loss, it’ll be the first to cross that line. Estimates place the phase-out point in July, though the taps only begin turning off two quarters after the automaker hits the 200,000 plug-in vehicles mark. Unlike some of its its electric rivals, however, the impact on Tesla won’t be as painful. Read More >

By on June 22, 2018

Image: Audi

The organizers of televised U.S. awards shows, who annually serve up a night of lectures, sermons, hypocrisy, and guilt for an increasingly small audience, should realize that the show doesn’t necessarily have to go on.

It’s certainly not going on in Germany. Axel Springer, a top publishing house for numerous German media sources, including AutoBild, has now wrestled the prestigious Golden Steering Wheel award out of everyone’s hands. There’ll be no thanking of grade school teachers by auto execs this year. Blame, well, the auto industry. Read More >

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