Category: Industry

By on March 15, 2017

Audi logo badge emblem

As Volkswagen Group’s emission scandal settles down in the United States, things in Europe remain unresolved. German police raided the headquarters of Volkswagen and Audi as part of the never-ending investigations into the company’s diesel cheating.

The German blitz was carefully orchestrated as investigators simultaneously hit Audi’s headquarters in Ingolstadt, the corporate offices at its Neckarsulm plant, and VW’s headquarters in Wolfsburg. Separate spokesmen from VW and Audi confirmed the raids, both adding they’re cooperating with authorities. Read More >

By on March 15, 2017

All Porsche 911 Turbos - Image: Porsche

Meet the new Porsche 911, Porsche will say in two years, same as the old Porsche 911. Same as the 911 before that, which was same as the old 911 before that and, well, you get the picture.

If you’re looking for the kind of revolutionary design changeover seen when Ford introduced a new Mustang in 2005 or Dodge unveiled a new Ram for 1994 or Hyundai debuted the 2011 Sonata, you’re looking at the wrong automaker.

This is the Porsche 911 we’re talking about, the car that causes other automakers to believe they, too, can merely tinker with existing models to please loyalists and protect their resale values. (We’re looking at you, Chevrolet Camaro.) This is the Porsche 911, a car that still carries its engine where Camrys carry groceries. This is the Porsche 911, a vibrant $90,450–201,450 ode to success that sells more often than budget-minded Toyota sports cars and Buick convertibles.

There’s absolutely no reason to change it. As a result, the Porsche 911 that will drop in 2019, CAR Magazine has revealed, will scarcely be distinguishable from the outgoing 911. Read More >

By on March 14, 2017

porsche-ceo-matthias-muller

Matthias Müller, CEO of Volkswagen Group, said in a press conference he hasn’t excluded the possibility of a merger with Fiat Chrysler Automotive.

Müller said, “There has been no contact at this point between (CEO of FCA) Mr. Marchionne and me, but I have never said I would exclude it.”

Read More >

By on March 14, 2017

Mitsubishi banner

Nissan is remaking Mitsubishi Motors in its own image, restructuring it into a more multinational organization with a less traditional Japanese hierarchy. The automotive arm of the tri-diamond keiretsu has already undergone early changes to revamp production and take advantage of its new role within the Franco-Japanese alliance after selling a controlling stake to Nissan in October for $2.29 billion.

Now Nissan is further shuffling the deck in Mitsubishi’s boardroom to better represent a company within the Renault-Nissan partnership. The management changes place more foreigners and a woman in top executive roles, ending the company’s long-standing practice of promoting employees based exclusively on seniority. Read More >

By on March 14, 2017

2017 Volkswagen Golf Alltrack/SportWagen - Images: Volkswagen

It’s no Subaru Outback, soaring toward the top of sales charts with all the force of an automaker riding a decade-long wave of rapid U.S. growth. But the Volkswagen Golf Alltrack, launched in the United States last autumn, is steadily earning a place as the most important Volkswagen wagon. By far.

In fact, the Golf Alltrack is quickly becoming the bright spot in Volkswagen of America’s Golf lineup and the Volkswagen brand’s overall hierarchy. Not surprisingly, the Alltrack is also dimming the spotlight previously shone upon the Golf SportWagen. Read More >

By on March 13, 2017

2016 Lincoln MKX, Image: Ford

Not content with just offering Chinese buyers the Lincoln Continental, Ford Motor Company plans to take a page from General Motors’ playbook and offer the expansive market its own home-built SUV.

The automaker intends to partner with China’s Changan Automobile Group to build Lincolns in the city of Chongqing, starting in late 2019, Ford claims. The two companies reportedly began talks early last year. Read More >

By on March 13, 2017

2017 Chevrolet Sonic, Image: General Motors

General Motors isn’t finished slashing products or dialing back plans to bolster its financial standing.

After unloading its near century-long Opel and Vauxhall holdings to France’s PSA Group, a move that came after failed attempts to return the European brands to profitability, GM plans to turn its focus on underperforming products in North America. There’s a chance that a model you hold dear could find its way to the chopping block. Read More >

By on March 13, 2017

2018 Lexus LC500 front – Image: Lexus

Lexus has lofty goals for the new LC performance coupe, a two-car range encompassing V8 and V6 hybrid cars. The Lexus LC, Toyota’s premium division hopes, will attract 400 buyers in America per month.

That’s a big number.

Granted, Toyota sells more than 1,000 Camrys in the United States every day. In fact, Lexus sells 300 copies of the RX, America’s all-conquering premium utility vehicle, every day.

But the 2018 Lexus LC is not America’s best-selling midsize car 15 years running, nor is the LC the dominant luxury crossover in a market gone gaga for luxury crossovers. The Lexus LC, on the other hand, is a $92,995–106,295 Japanese coupe. 400 monthly sales for a two-door priced in that stratosphere is truly a big number.

And Lexus believes it will outsell the Jaguar F-Type, Porsche Cayman, Mercedes-Benz SLC, and Audi TT. Lexus believes the LC will sell roughly three times more often than the Nissan GT-R ever has. Lexus intends to attract more buyers with the LC than Mercedes-Benz can with The Establishment, the SL-Class; more buyers than BMW attracts with the vast BMW 6 Series range.

Why? Lexus certainly has its reasons. Read More >

By on March 12, 2017

triton-mitsubishi

Mitsubishi Motors needs a pickup truck for the U.S. and Nissan wants a cheaper one for the global market. While the Red Diamonds’ Raider filled a ten year gap in the company’s lineup after the American discontinuation of the Mighty Max in 1996, sales were disappointing and production ended back in 2009. Now Mitsubishi and its new parent Nissan are investigating joint production of pickup trucks in Southeast Asia as they hunt for savings within the Renault-Nissan partnership.

The two Japanese automakers may combine the technical basis and eventual production of the future replacements for the South Asian-built Nissan Navara and Mitsubishi Triton, Mitsubishi chief operating officer Trevor Mann said in an interview at the Geneva car show. Read More >

By on March 10, 2017

Mercedes-Benz Concept X-CLASS

Not unless it’s a big, honking full-sizer, that is.

After giving serious thought to introducing its X-Class pickup in the U.S., Mercedes-Benz has decided to stay away from the American market. Why? The midsize field probably isn’t a good place to make money with a luxurious pickup. Read More >

By on March 10, 2017

Ford 3D Printed Parts, [Image: Ford Motor Company]

Ford is trying its hand at a new way of manufacturing inexpensive and lightweight car parts: 3D printing.

While 3D printing has existed in the auto manufacturing scene for quite some time, it was largely used for prototypes and molds, not the actual product.

Ford is now looking to use the technology to produce a variety of customizable and low-volume parts.

Read More >

By on March 10, 2017

Volkswagen Wolfsburg

The Volkswagen diesel emissions saga has reached a logical legal conclusion. The automaker entered a guilty plea in a Detroit federal courtroom this morning, admitting to a vast, 10-year conspiracy to fool environmental regulators through the use of emissions-cheating defeat devices.

As penance, Volkswagen AG must now pay $4.3 billion in criminal fines and civil penalties. That sum can now be added to the multi-billion U.S. buyback of hundreds of thousands of 2.0- and 3.0-liter diesel vehicles manufactured since 2009. While the penalties would be a bitter pill for any automaker to swallow, it’s a fraction of the fine allowed under federal guidelines.

Had the court pursued it, it might have sparked a brand fire sale down at Volkswagen Group. Read More >

By on March 10, 2017

2017 Mazda CX-5 – Image: Mazda USA

Mazda, heretofore an avid provider of manual transmissions, is killing off the manual transmission in the brand’s most popular product, the CX-5.

CarsDirect’s pricing analysts informed TTAC of the CX-5’s exclusively two-pedal future, having received confirmation from Mazda.

Few consumers were taking Mazda up on the company’s offer of an entry-level CX-5 with a manual transmission, so while the CX-5’s advertised base price shoots up by $2,290 with the loss of the standard shift, the typical transaction price for the typical CX-5 buyer won’t change.

CarsDirect says the CX-5’s manual transmission will continue to be offered north and south of the border. But for American consumers in search of a manual shift crossover, where are they to turn? Read More >

By on March 9, 2017

2017 Subaru Outback - Image: Subaru

“Washington is not a place to live in. The rents are high, the food is bad, the dust is disgusting and the morals are deplorable. Go South, young man, go South and grow up with the country.” —Not Horace Greeley

Subaru generates 60 percent of its global sales in the United States. For a Japanese brand that still relies on imports for half of its volume in its largest market, Subaru knows that 60-percent reliance on America is way too high.

Subaru needs strength in other markets. Subaru needs to diversify its portfolio. Subaru needs another America.

Unfortunately for Subaru, history suggests the brand won’t quickly find strength in other markets. History suggests Subaru’s attempts to diversify its portfolio won’t succeed.

Fortunately for Subaru, however, there is more America.

“It’s true we want to increase sales in other countries, but in terms of the place with the best chance to increase sales, it has to be America’s Sun Belt,” Yasuyuki Yoshinaga, CEO at Subaru’s Fuji Heavy Industries parent company, told Bloomberg.

In other words, Subaru wants to add some New Orleans to its order of New Hampshire; Burlington with a side of Birmingham; Kennebunkport supplemented with a dose of Port St. Lucie. Read More >

By on March 8, 2017

2017 Buick LaCrosse - Image: Buick

In 2016, as General Motors launched an all-new Buick LaCrosse for the 2017 model year, sales of the LaCrosse fell to an all-time annual low.

But wait a second. Transition years are difficult for any model. Clearance of the outgoing model ends, production of the new model is ramping up, availability at dealers is limited, and the product mix is often skewed toward less affordable models.

Nevertheless, cognizant of the fact that 2016 wasn’t likely to be a great year for the Buick LaCrosse, it’s still easy to declare that 2016 was an awful year for the Buick LaCrosse. Sales were 70-percent lower last year than in 2005, when U.S. LaCrosse sales peaked. Even compared with 2014, U.S. LaCrosse sales were nearly chopped in half in 2016.

And at the current pace, 2017 will be much, much, much worse. Read More >

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