It’s often sad to witness the moment when an individual’s high hopes collide with a cold, antiseptic wall of reality. Though we should all aspire for more, the inescapable truth is that most of our dreams will end up dashed on the rocks.

This week it was Fiat Chrysler Automobiles CEO Sergio Marchionne’s turn — once again — to face rejection. Buoyed by PSA Group’s acquisition of General Motors’ European car divisions, Marchionne must have assumed that love was in the air and it would perhaps soon be FCA’s turn to go home with another automaker.

Unfortunately for Marchionne, one potential mate quickly burst that balloon in a fairly heartbreaking fashion. Read More >

Aston Martin CEO Andy Palmer promised it at Toronto’s Canadian International Auto Show in February and today he delivered: the psychotic AM-RB 001 hypercar will shed its fax-machine name and henceforth will be known as the Valkyrie. Tremendous.

Oh, and Aston also used the Geneva Motor Show to introduce its own performance brand in the vein of AMG and M, to be called AMR.

Read More >

Unable to get excited about the vehicle pictured above? Maybe that’s because this Volkswagen concept embodies everything people who don’t want to read about self-driving cars hate.

See, it has a name — Sedric. Which is apparently a combination of three words — “self,” “driving,” and, you guessed it, “car.” It’s just so appallingly cute. Which, like the existential threat to personal freedom that surrounds the technology, is another thing that turns off gearheads when vehicles resembling shapeless computer mouses or refrigerators crop up.

While VW’s concept, which is more of a pod than a car, is meant to herald the company’s autonomous future and serve as the patriarch of the company’s anticipated self-driving offerings, it’s really just a testbed for VW engineers to tinker with. Designed for Level 5 (or “full”) autonomy, Sedric is just the beginning, VW claims. To many, that might sound like a threat. Read More >

General Motors has said it will discharge 1,100 employees at its Lansing Delta Township assembly plant in Michigan in May. Last year, America’s largest automaker announced an additional 800 jobs at its Spring Hill plant in Tennessee to aid in production of the updated GMC Acadia. However, those positions seemed to have come at the expense of its Michigan workforce.

The cuts come after GM’s promise to invest another $1 billion into U.S. factories earlier this year. President Trump has insisted that American car builders manufacture more product within the country while condemning any ventures in Mexico. While General Motors may be shifting production south, it’s not so far south as to garner any presidential ire. The automaker has claimed that the billion dollar investment would maintain or create 1,500 U.S. jobs. Still, the net employment loss in this instance does not seem to reflect that.  Read More >

Nearly two and a half years since General Motors increased the number of offerings in the midsize pickup truck sector by two-thirds, and nine months since Honda revitalized its unique Ridgeline offering, we’re once again in need of new midsize pickup truck nameplates.

America’s pickup truck category began 2017 with a bang, growing by more than 7 percent and easily outpacing an industry that declined by more than 1 percent in the first one-sixth of 2017.

Yet virtually all of that growth — fully 90 percent — was fuelled not by midsize pickups but by the stalwarts: full-size trucks.  Read More >

As expected, General Motors started off the work week by officially announcing the selloff of its European division to France’s PSA Group.

The Opel and Vauxhall brands, which have stubbornly resisted all attempts to return to profitability, are no longer GM’s problem. It’s a complex deal, but on the product side, Americans can still expect a generation of Buick Regals based on the Opel Insignia. Read More >

As we reported last week, automobile industry groups wasted no time lobbying newly minted Environmental Protection Agency head Scott Pruitt to reopen the book on the country’s fuel efficiency targets.

That volume had previously been slammed shut by Pruitt’s predecessor, putting an end to a midterm review and cementing the Obama-era light-duty vehicle target of 54.5 miles per gallon by 2025. Automakers would prefer not to be held to this rule, citing higher sticker prices caused by the addition of fuel-saving technology. Meanwhile, consumer and environmental groups have lobbied to keep the targets in place.

Well, according to a new report, the corporate average fuel economy (CAFE) standard might not survive for long. Automakers, apparently, are about to see a wish come true. Read More >

As expected, a transfer of General Motors’ subsidiary Adam Opel AG to European automaker PSA looks to be a done deal.

PSA’s board approved the deal on Friday, with an official announcement planned for early next week. Considering the European peripheral has cost GM $15 billion in losses since 2000, GM probably isn’t terribly sad to see Opel go.

With talks progressing all week, the two automakers focused on differences on about $10 billion worth of Opel outstanding pension deficiencies and a GM request that a PSA-owned Opel would not compete with its own Chevrolet-based lineup in China or in other overseas markets.  Read More >

Toyota hasn’t even delivered the new 2018 C-HR to dealers and there are already plans to supplement the automaker’s subcompact crossover lineup.

In concert with the C-HR’s U.S. launch next month, April 2017 will also play host to the Toyota debut of a small crossover concept at the New York International Auto Show if all goes according to plan.

“I think we’re very well set up (with the C-HR and midsize RAV4 CUV), but we’re also kind of looking at what else could we be doing there if this continues to be a growing segment, which we anticipate it will,” Bill Fay, vice president for the Toyota division, told Wards Auto.

Toyota expects to sell 60,000 C-HRs in the United States annually, more than the Yaris, Yaris iA, and Prius C combined. For America’s third-highest-volume SUV brand, that’s apparently not enough.

Slip an extra SUV on the barbie. Read More >

Aside from the Volkswagen Passat’s 40-percent year-over-year uptick, every automaker competing in America’s midsize sedan segment suffered from declining volume in February 2017.

The midsize car category tumbled 19 percent, a loss of more than 34,000 sales.

February 2017 marked the twelfth consecutive month of year-over-year declines for midsize car sales in America.

This is the ninth edition of TTAC’s Midsize Sedan Deathwatch. The midsize sedan as we know it — “midsizedus sedanicus” in the original latin — isn’t going anywhere any time soon, but the ongoing sales contraction will result in a reduction of mainstream intermediate sedans in the U.S. market. 

How do we know? It already has.

The Passat’s exceptional year-over-year uptick by no means represents healthy volume for the big Volkswagen. But the bigger story from February’s results was the horrific nosedive performed by Detroit nameplates: one discontinued nameplate, one of the older members of the midsize fleet, the newest member of the midsize fleet, and one semi-premium niche player. Read More >

Automakers, having long since abandoned the once-hot American wagon market, are returning to see if a lingering spark can be rekindled.

Consider Buick as one of the brands brave enough to cast its line into the pool in the hopes of a bite. The next-generation Regal, which already graces European car mags as the Opel Insignia, won’t come to the U.S. simply as a sedan. Opel’s Insignia Sports Tourer creates a fine opportunity for Buick to deliver a new wagon to these SUV-crazed shores..

However, we’re a go-anywhere, do-anything bunch over here, and any wagon coming to America had better have some cladding and about an inch and a half of lift!

Read More >

Automakers have promised us a near future filled with all the electric and plug-in hybrid vehicles we could ever want and, of course, time will tell whether that dream sinks or swims.

Key to keeping the electric momentum going is a combination of growing demand, which automakers are banking on in the future, and steadily declining production costs. A company getting into the EV game might be willing to lose money on a niche vehicle, but not an entire fleet.

Still, the promises are out there, and the models are starting to roll out. The green tide, whether it ultimately makes electricity the dominant source of automotive propulsion or not, is spurring a different kind of green wave — but not for automakers. This wave is made of cold, hard cash, and it’s soaking careful investors. Read More >

Auto sales declined by a modest 1 percent in the United States in February 2017, dragged down by plunging sales at numerous Fiat Chrysler Automobiles brands and sharp declines at Toyota Motor Corp. and Hyundai-Kia. Ford Motor Company sales slid 4 percent because of a 26-percent decline in car sales at the Ford division.

Across much of the industry, there were signs of rude health, particularly if the car sector is ignored. Of the 20 most popular cars in America — a group topped by the Toyota Camry — 16 nameplates generated fewer sales this February than last. Yet America’s five leading utility vehicles (Rogue, CR-V, RAV4, Escape, Equinox) combined for more than 25,000 additional February sales in 2017. And while minivan sales plunged by a fifth, U.S. pickup truck sales were up 10 percent because of full-size truck strength.

These stark contradictions produced a market that produced slightly degraded numbers in one of the two traditionally weakest months on the calendar. Now one-sixth of the way into 2017, the poor selling season should be behind us.  Read More >

A bill for the assembly of two decades-old models — one from a defunct marque — will come due on April 1. And unlike much of the debts written off during General Motors’ bankruptcy, a major subsidiary now has to pay this chunk back.

The money, $220 million in all, was handed to GM Canada back in 1987 to save the Montreal-area Sainte-Thérèse Assembly plant. GM Canada used that bankroll to build the stunningly sexy Chevrolet Celebrity and Oldsmobile Cutlass Ciera. It later cranked out the last Pontiac Firebirds and fourth-generation Chevrolet Camaros.

The thing about 30-year interest-free loans is that someone eventually comes to collect. Read More >

The automaker that can’t seem to catch a break in overall quality rankings — or more comprehensive ones — doesn’t get a reprieve in Consumer Reports‘ latest brand ranking.

In its 2017 list of the best and worst brands, which combines scores for predicted reliability, road testing, safety and owner satisfaction, a familiar German brand returned to the same podium it occupied last year. Unfortunately for Fiat Chrysler Automobiles, the bulk of its brands languished — once again — on the lowest steps of the pyramid. Read More >