I’ve mentioned this before, but it bears repeating: from the perspective of the manufacturer, dealers are the worst part of the business. Their consistent thirty-day-crunch mindset leads to all sorts of idiocy, including the “$500 Dance Contest” you see above.
There’s something appropriate about it, however:
The W-Body Chevrolet Impala, so beloved by the horribly biased, anti-Detroit, anti-GM staff and readership of TTAC, will live on for one more year, as a fleet vehicle dubbed the “Impala Limited”.
The Wall Street Journal‘s recent article on compact pickup trucks and rising gas prices has raised the tantalizing prospect of a return to the glory days of the compact pickups. But from what we hear, it would be premature to get your hopes up just yet.
When the Renault Duster came out, I didn’t have to point it out to my wife. As soon as she saw one, she smiled and asked me what car was that. I explained to her that it was nothing more than our very own Logan, which is a sedan, on stilts. I explained how the handling would be worse, how it was less economic than our own car, how the trunk couldn’t hold as much luggage as our car did (but more than its hatch sister, the Sandero can). All to no avail. She listened, interested for once in cars, shook her head gravely, then said the damning words, “I want one.”
GM announced a $250 million dollar investment for the CAMI plant in Ingersoll, Ontaro. CAMI is the main production site for the Chevrolet Equinox and GMC Terrain (also known as the Theta crossovers), two of GM’s best selling models, and the investment comes amid uncertainty over the fate of CAMI itself.
Upon receipt of a multi-billion dollar loan from the Canadian government, General Motors signed a “Vitality Commitment”, essentially a covenant in the loan agreement between GM and Canada’s government, which guaranteed that a certain amount of GM’s North American production would remain in Canada. That number is widely reported as being 16 percent, while page F-69 of GM’s IPO filings outlines that the covenant is valid until GM repays its loan commitments or until December 31, 2016, whichever comes later.
While Oshawa has widely regarded as one of GM’s best plants in terms of producing high-quality vehicles, the future of GM’s Oshawa plant is looking increasingly bleak.
Daimler and Volkswagen reached an agreement over an air-conditioning refrigerant that Daimler claimed was flammable and extremely hazardous to one’s health.
The latest member of the fast-growing “European small crossover club” will likely be the Fiat Panda, which will get a model that will grow in size, to compete against C-Segment SUVs.
Last month, we suggested that PSA’s new compressed air hybrid system was a good way for PSA to drum up some investment into its ailing new car business. Now comes word that PSA wants to talk to other car makers, including alliance partner General Motors, about pooling the R&D cost of the new tech.
With a US-EU free trade agreement looming on the horizon, Ford is calling for a harmonization between the US and EU vehicle standards, as well as a removal of tariffs on vehicles between the two entities.
Canadian fuel cell firm Ballard Power inked a deal with Volkswagen that could be worth as much as $100-million and last up to 6 years.
A bit of light reading for everyone wishing they were in Geneva, munching on some pain au chocolat while paying $8 for a Nespresso. CAR magazine contributor Stephen Bayley has a very entertaining essay entitled “The End of the French Car“, in which he laments the demise of the quirky, compact French automobile.
An invasive species originating in North America is threatening the native fauna of Europe in a big way. Small crossovers, largely based on B and C segment hatchbacks, are one of the few growth segments in Europe’s ailing auto industry, so much so that they could even help reverse the fortunes of a couple ailing auto makers.
Long-term auto loans, leasing and sub-prime financing all saw increases year-over-year from 2011 to 2012, according to a report by Experian, a consumer credit rating agency. While typically a dry and detail-oriented subject, the area of auto financing gives us some insight into the nature of the new car market and even the economy itself.
The Geneva Auto Show gave us our first look at the Opel Cascada, aka the future Buick Verano Convertible. The Cascada is a four-seat, front-drive convertible in the vein of the Audi A5, the kind of car enthusiasts turn their noses up at, but regular consumers tend to gravitate towards. Besides, something has to compete with the Chrysler 200 Convertible.
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