The first shots of the Alfa Romeo 4C have been released, and it’s just as gorgeous as one would expect a mid-engined Alfa to be. A 1.75L turbocharged 4-cylinder and a 6-speed twin-clutch gearbox motivate the 4C. No horsepower rating has been released, but in current Alfas, the same engine makes 232 horsepower. We’ll have to wait for the car’s debut at the Geneva Auto Salon for more details.
In a month’s time, we’ll have our first look at the new Cadillac CTS, when GM takes the wraps off of its new luxury sedan at the New York Auto Show. The new CTS is merely the first in a wave of new cars for Cadillac, along with the already unveiled ELR plug-in hybrid.
After approving a $1.6 billion loan guarantee for PSA’s captive finance arm, the European Commission demanded a restructuring plan for all of PSA within six months.
CAW members at GM’s CAMI plant in Ontario have voted to begin negotiating their contracts as early as this week after a vote by workers. At stake is the production of the GMC Terrain and Chevrolet Equinox, two popular crossovers that may have their production moved to Mexico or the United States.
It’s safe to say that 2012 was PSA’s annus horriblus. From job cuts to a shaky alliance with GM to bond rating downgrades, everything that could have gone wrong for Peugeot-Citroen ended up happening. And 2013 may not be much better, as the prospect of a bailout looks ever more like reality.
PSA is still faced with the structural problems that dog pretty much every car maker in Europe; a weak economy, rampant overcapacity and a demographic deck stacked against growth in the new car market. Unlike chief rival Renault, PSA has failed to expand its horizons beyond Europe, with little in the way of low cost offerings for emerging markets. On top of that, attempts by PSA at exercising financial prudence, like cutting jobs and closing factories, have been met with outrage in France. A proposed alliance with General Motors has produced little in the way of any tangible results.
Holden took the wraps off of the latest VF-Series Calais, the luxury version of the Commodoe. Expect some, but not all of the styling cues to carry over to the upcoming Chevrolet SS sports sedan. This is also likely the last hurrah for the big, rear-drive Holden. Slow sales have sealed the fate of the Commodore, with a 2016 death date scheduled.
The French government is denying that it plans to acquire a stake in PSA, but France’s Prime Minister told reporters that mechanisms for providing government assistance have already been vetted.
In a few hours, we’ll have live shots of the Chevrolet Cruze Clean Turbo Diesel (what a mouthful), but in the mean time, here’s a preview of the long awaited oil-burning Chevy.
With the Fiat brand looking to move into the “premium small” space, where its 500 and Panda vehicles currently thrive, there will likely be an opportunity for a low-cost brand within the Fiat empire, and Sergio Marchionne is already investigating the possibility of a low-cost Fiat built outside of Europe, that would go head-to-head with Dacia and other similar products.
While the US won’t get the Suzuki SX4 any more, the flow of cars isn’t being cut off from Canada. Might we see this facelifted version of the SX4 (meant for the Chinese market) appear in the Great White North? The Canadian International Auto Show is only a couple weeks away, but we’ve got no indication about Suzuki debuting anything new at the show. Only time will tell.
Remember all that hype about how a Detroit-area Jeep plant would be building the Maserati Levante SUV, for export back to Italy? Yeah, me either.
Remember how you all mocked me for my earnest proclamation that the 2013 Ford Fusion would be a “game changer”? Well, January looks to be a promising prelude to my inevitable vindication, as far as sales goes.
Since we’ve been discussing Mazda the past few days, Timothy Cain, TTAC’s favorite indepndent sales analyst, has taken a look at how well the much-loved Mazda CX-5 is doing.
From Mazda’s point of view, the CX-5 has likely been a roaring success. But Mazda’s point of view doesn’t require success to be measured against other popular vehicles. Other than the 3, Mazda simply does not sell a high-volume product. Even the 3, which accounted for 45% of Mazda sales in the U.S. in 2012, sells once for every two-and-a-half Civics.
Hot on the heels of curated-Tweet advertising comes the news that the MKZ is so successful, sales are down!
TTAC readers, this is the one you’ve been waiting for; a fun-to-drive, lightweight, stick-shift sports sedan that doesn’t require a home equity loan to purchase. Now, the question is, will anyone buy it?
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