Back in May, we reported on the rather fat inventory levels of Cadillac’s products, examining through the context of the one product with less than 100 days of supply – the SRX crossover. A few months later, dealers are tight on the newly redesigned Escalade, but the inventory picture for Cadillac’s car lineup hasn’t gotten much better.
Following GM Financial’s subpoena from the Department of Justice, Santander Consumer said that it had received a subpoena as well related to
“production of documents and communications that, among other things relate to the underwriting and securitization of nonprime auto loans since 2007,”
Toyota is not going to be expanding any plants in the United States, even as they are forced to absorb further production of the Toyota Camry as their assembly deal with Subaru winds down.
The first teaser shot of the Chevrolet Volt has emerged, with the car debuting at the 2015 North American International Auto Show. Read More >
The topic of subprime auto loans has been a hotly contested one at TTAC, with numerous commenters defending both the practice and the stability of recent run-up in subprime lending.
When you want to spend around $100,000 on a car in Europe, few ideas are dumber than buying a pickup truck. Except for this one.
The pricing announcement for GM’s mid-size trucks raised a big question at TTAC – namely, how are they supposed to compete with GM’s full-size trucks when there are such hefty rebates already available?
GM announced pricing for their mid-size trucks, with the Chevrolet Colorado starting at $20,995 and the GMC Canyon starting at $21,880.
When we published the 2015 Ford F-150 order guide, we focused on the trim level changes (the FX4 and STX trims are gone, while the police-oriented SSV package is back) while forgetting three very important letters. SFE.
Although we’ve covered CAFE and its effects on the new car market before, the launch of the Lexus NX provides us with an interesting example of just how far auto makers will go to have their offerings classified as “light trucks” under the U.S. regulatory scheme which incentivizes manufacturers to offer these sorts of vehicles beyond mere market forces.
Michael Macht, the man in charge of production at Volkswagen, is leaving immediately, with Automotive News Europe reporting that VW CEO Martin Winterkorn was unhappy with the rollout of VW’s MQB “toolkit” that will underpin everything from B-segment hatchbacks like the Polo to large sedans like the Passat.
Those of you among the B&B that listen to rap – so, myself and the assorted friends of mine who read the site – better get used to a new name in luxury automobiles: Pullman.
In an interview with Edmunds, Hyundai CEO Dave Zuchowski spoke of a new vehicle that
“would be a vehicle that would be really designed for Gen Y, for new first-time younger buyers…Think of maybe something that looks like a Juke or something that has edgy, dynamic styling.”
Doesn’t Hyundai already have something like that?
For some reason, we at TTAC expected that the Dodge Charger Hellcat would debut at the 2014 Los Angeles Auto Show. We were wrong.
How do you help move the Cadillac ELR? Simple: drop the price down to one that the market will bear.
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