It’s been a long time coming, but PSA has finally done it; the parent company of Peugeot and Citroen is cutting 8,000 jobs and closing an assembly plant outside Paris, as the carmaker tries to cope with a sagging market and excess capacity.
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A gentleman named Louis Bird is suing Hyundai because his 2011 Elantra isn’t getting the claimed 40 mpg that Hyundai’s ads apparently tout. Bird is being supported by a group called Consumer Watchdog, and if that rings a bell, maybe it’s because TTAC has dealt with them a few times in the past regarding Hyundai.
$299 A Month For 36 Months With $1,399 Down Will Get You Into A Chevrolet Volt, But Not The HOV Lane
Browsing TrueCar’s top lease deals for July, 2012 yielded an interesting find; a lease deal on the Chevrolet Volt that specifically excludes HOV-lane qualified versions.
Sergio Marchionne has been one of the most prolific alarmists regarding European overcapacity, and who can blame him? The economy is in the dumps in Fiat’s home market, as well as crucial export markets, and closing a plant would come with all kinds of blowback.
A lawsuit filed by a Florida investor against General Motors over the age-old practice of “channel stuffing”, or sending inventory to dealers and recording it as a “sale”, so that revenue numbers can be pumped up while the vehicles languish on dealer lots. The practice of channel stuffing is universal in the auto industry, but in this case, the consequences are much broader.
Summer is always a slow time in the industry, so what better way to boost traffic than to manufacture a controversy out of thin air about a “third rail” topic like electric cars?
So often we hear analysts and fans excuse a car’s poor initial sales performance with a phrase like, “But it’s early.” Oddly, the very same phrase is legitimately used when discussing a new car’s surprisingly successful first month. In just its second month on sale, in just its first full month on sale, the Scion FR-S did not sell poorly.
Well America may be the overall volume leader for pickup truck sales, the per-capita title belongs to Thailand, and they prefer a different flavor of truck as well.
The small pickup market may be dwindling, but Chrysler may be looking at getting back in to the segment – though their next small or mid-size pickup won’t be a body-on-frame vehicle like the now-cancelled Dakota.
Volkswagen is on track to have their best year in America since 1973 – and all it took was a revamped product lineup that got largely negative reviews from the automotive press.
Now that the dust has settled, it’s time to take a look at our favorite automotive urination competition, the epic battle between the Chevrolet Volt, Nissan Leaf and the Toyota Prius Plug-In.
The Wall Street Journal’s Driver’s Seat touches on the muscle car segment, and whether they’ll fall pitfall to rising gas prices in the future, CAFE regulations or some combination of the two. Among the solutions brought up in the article – by Chrysler executives, no less – is “a high output four-cylinder engine”.
Bloomberg is reporting that General Motors and Facebook are talking again, in an attempt to get GM to resume advertising on the social network. Meetings between GM CEO Dan Akerson and Facebook COO Sheryl Sandberg were being reported.
Bloomberg is reporting that Peugeot may expand their job cuts in France, with the potential for 10 percent of their domestic warehouse to be cut.
If you believe Ken Lewenza, president of the Canadian Auto Workers union, the CAW is well on its way to organizing Honda’s Alliston, Ontario assembly plant. Lewenza told Ward’s Auto that “We’re getting some enthusiastic and strong support, but we’re not there yet.” The biggest problem for Lewenza is that the CAW has been in that position for almost two decades with respect to Alliston and hasn’t made any progress.
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