Category: Industry

By on January 3, 2017

2017 Ford Mustang - Image: Ford

Ford Motor Company announced today that it is committing itself fully to the development of electric vehicles, including a hybridized Mustang and F-150 pickup, a small electric crossover, and a fully-autonomous hybrid unit. Company CEO Mark Fields expressed his faith in the future of electric cars and Ford’s intention of bringing 13 new electrified models to the global market within the next five years.

“The era of the electric vehicle is dawning and we at Ford plan to be a leader in this exciting future,” Fields said. “Leading in electrification, in autonomy, and also connectivity are critical as we expand to be both an auto and a mobility company.”  Read More >

By on January 3, 2017

Mark-Fields (Image: Ford)

Ford Motor Company CEO Mark Fields didn’t completely walk back the company’s long-range production plans today, but the automaker pull a hard U-turn on one goal.

In a speech at the automaker’s Flat Rock, Michigan assembly plant this morning, Fields said he was “encouraged” by President-elect Donald Trump’s “pro-growth policies.” Because of this, the Blue Oval’s planned $1.6 billion small car plant in Mexico is now off the table. Instead, the automaker will expand and modernize Flat Rock as it brings a slew of promised hybrid and electric vehicles to production. Read More >

By on December 30, 2016

FFZERO1 Faraday Future

Faraday Future continues to dispense epoch-making levels of hype as the company seemingly implodes. Last week, Faraday’s chief brand and commercial officer and its vice president for product marketing both abandoned the company. This week, they were followed by elusive Chinese overseer and “unofficial” CEO, Ding Lei. Of course, Faraday Future has already spent the last two years without a CEO — much in the same way it has functioned without sufficient capital, a clear business plan, or a tangible product.

Meanwhile, the company’s Twitter feed is excitedly counting down the days until it unveils something at the Consumer Electronics Show — making use of slogans such as, “When electricity could travel further, so could ideas.” At this point, I’m wagering ideas are just about all Faraday has left to offer.  Read More >

By on December 30, 2016

caterham_7

Postwar British nostalgia and racing heritage is nice, but there’s no denying the kick an automaker can get from launching a wholly new vehicle.

That’s the situation Caterham finds itself in. After dutifully cranking out continuously updated examples of the original Lotus Seven since 1973, the company now wants to court drivers who have never seen the opening titles of The Prisoner. While the British company has a pretty good idea of the car it wants to build, it first needs to find a partner. Read More >

By on December 28, 2016

alternator

Car manufacturers have achieved significant fuel economy gains in recent years, but the improvements largely come down to upgraded drivetrain efficiency. Vehicles still weigh substantially more today than they did in the early 1980s, when the previous decade’s demand for fuel economy improvements forced the issue.

Since then, automobiles have gradually packed on the pounds — negatively offsetting the technology encouraging fuel frugality. Modern safety concerns, improved build quality, sound dampening, and consumer demand for bigness have all helped to keep the typical family transport oinking around a two-ton curb weight.

If companies could effectively slim down those autos, without sacrificing structural rigidity, safety, or consumer comfort, the efficiency gains would become all the more significant. However, with few consumers ready to dive back into noisy, frail hatchbacks, weight savings will likely need to be done on the molecular level. In a new study, the Center for Automotive Research (CAR) in Ann Arbor investigated the materials going into 44 separate 2015 model year cars and asked automakers what would they use if they suddenly needed to reduce weight from essential items.  Read More >

By on December 28, 2016

Hyundai Tucson, Image: Hyundai

Once a juggernaut, Hyundai’s recent sales and financial performance hasn’t kept pace with its lofty post-recession boom. The automaker now finds itself in one of the weakest positions in the industry for growth, all thanks to rising costs and a product lineup that doesn’t meet consumer demand.

To patch the holes and regain momentum, Hyundai has taken on some seemingly desperate cost-cutting measures. In this all-out scramble for profits, last week’s firing of its American CEO is just the tip of the iceberg. Read More >

By on December 21, 2016

pumping fuel

Government regulators have heard the auto industry’s plea for clemency pertaining to the United States’ corporate average fuel economy (CAFE).

Responding to a petition from industry groups, the National Highway Traffic Safety Administration is putting the brakes on a planned increase in penalties for not complying with CAFE standards. Automakers won’t have to worry about their 2015, 2016 and 2017 model-year vehicles anymore, as the penalties will now begin with 2019 models. Read More >

By on December 21, 2016

Uber Volvo Autonomous

Uber’s and its lawyers are going to meet with California’s Department of Motor Vehicles and the state’s Attorney General on Wednesday afternoon. While none of the parties have comment on the meeting’s purpose, odds are that it will include a lengthy chat about Uber’s self-driving SUVs — which have created a ruckus in San Francisco — and the company’s total unwillingness to apply for autonomous testing permits in California.

Last week, Uber Technologies Inc. royally cheesed off Golden State regulators when it deployed a test fleet of autonomous Volvos without the necessary permits from the DMV, telling the department to mind its own business as safety complaints mounted. Since then, California’s DMV has sent the ride-hailing company a letter threatening legal action if it did not swiftly comply.

Meanwhile, the newest complaint is also the oldest, chronologically.   Read More >

By on December 20, 2016

Ford King Ranch

America loves its trucks, perhaps to an unhealthy degree.

Domestic automakers aren’t complaining, as pickups are among the most profitable vehicles the companies can produce. Compared to cars, trucks are typically easier to manufacture, but fetch a higher price. Tack on costly options and the expensive trim levels the market seems to adore, and you’ve practically printing your own money.

Still, you might be surprised by the percentage of buyers springing for top-end variants of vehicles once loved only by construction companies, public works departments and landscapers. Read More >

By on December 20, 2016

2016 BMW X1 and 340i - Image: BMW USA

BMW continues to spend industry-leading levels of money to lure luxury car buyers in the United States. Yet November was the twelfth consecutive month in which sales at the BMW Group declined, year-over-year, in the U.S..

Through the first 11 months of 2016, sales at BMW are down 10 percent compared with the same period in 2015; Mini volume is off 11 percent.

According to TrueCar, however, no automaker is spending more in incentives, on a per vehicle basis, than BMW of North America. November 2016 incentives at the BMW Group jumped 25 percent compared with November 2015 yet sales fell 16 percent.

How much cash on the hood do American luxury car buyers want? Read More >

By on December 19, 2016

2016 Veloster Turbo, Image: Hyundai

In terms of unpleasantness, buying a new vehicle often ranks up there with visiting a passive-aggressive dentist, or perhaps meeting with your child’s teacher to discuss his or her “performance.”

Overzealous salespeople who stereotype customers, high-pressure them into buying the vehicle and package the seller wants, and generally lack knowledge about their own product likely sour more people on a brand than recalls and scandals. If only there was an easy way to avoid turning customers away while boosting sales.

It turns out, the solution could be very simple. Read More >

By on December 19, 2016

MARKHAM, Ontario, Canada, Dec. 16, 2016--Raj Nair, Ford executive VP, global product development and chief technical officer, drove the Ford GT supercar off the line to help celebrate the event along with employees and guests. The all-new Ford GT is entering the final phase of development and production has begun. One of the first Ford GTs is being driven off the line at the Multimatic assembly location with the first behind the scenes look at the assembly line for all-new Ford GT. The Ford GT is the culmination of years of Ford innovation in aerodynamics, lightweight carbon fiber construction and ultra-efficient EcoBoost engines. Photo by: Sam VarnHagen

An invitation to automotive industry supplier Multimatic in suburban Toronto is one you never turn down.

It’s legendary in the racing world, winning countless major races and championships, and it’s also the unsung hero supplier behind cars like Aston Martin’s One-77 and Vulcan. With those projects, it produced the carbon tubs, suspensions, and performed much of the engineering required for Aston to deliver complete cars.

While Ford’s been trotting out GT prototypes and pilot cars for what seems to be an eternity, I’m a bit impartial to the project given my indifferent relationship with the carmaker. Still, for Multimatic, assembling the Ford GT takes its business to another level altogether. In the back of my mind, I know the Multimatic factor is going to figure prominently into this car.

Read More >

By on December 17, 2016

uber volvo

Uber Technologies Inc. have again ignored mandates from California regulators that the ride-services firm must apply for a permit to test self-driving cars, setting the table for a potential legal battle. Uber’s grounds for refusing to apply are that the autonomous vehicles are not quite self-reliant enough to warrant the paperwork.

Unveiled to the public on Wednesday, the company’s self-driving cars faced immediate criticism in San Francisco after news broke that one had breezed through a red light and another almost caused an accident. The general denunciation forced the California Department of Motor Vehicles to notify Uber to cease operations, to which it responded with a frank “no.”  Read More >

By on December 16, 2016

2016 Ford F-150 Limited

All that leg-stretching, snot-nosed kid-hauling, hockey equipment-carrying, ATV-lugging space that new vehicle buyers so desperately crave comes at a premium.

Thanks to this insatiable thirst for crossovers, SUVs, and pickups, the average new vehicle transaction price jumped to a new record in 2016. Good news for manufacturers, but also for those selling their old ride. Read More >

By on December 16, 2016

FFZERO1 Faraday Future

Faraday Future has yet to provide anyone the opportunity to say anything strictly positive about it this year. Even today, when there is the seed of good press stemming from a recent teaser video of its FF Prototype, the company remains mired by new allegations that highlight just how absolutely wrong everything about it appears to be.

A mountain of debt, an unsettling corporate structure, mounting lawsuits, staff abandonment, and problems with suppliers all coalesce to paint a grim portrait of the company as it draws nearer to its important reveal at January’s Consumer Electronics Show.

However, the details of a recent media expose wouldn’t look out of place in a sitcom.

Read More >

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