Though Chrysler-Fiat CEO Sergio Marchionne had previously said that an initial public offering of Chrysler stock could take place by the end of 2013, the Italian automaker announced that stock sale will not take place before the new year. “The Board of Directors of Chrysler Group … has determined that it will not be practicable for Chrysler Group to launch and complete an initial public offering prior to the end of 2013,” Fiat said in a statement.
Category: News Blog
Toyota is one of the largest manufacturers of cars in the world. It’s not a surprise, especially if you have travelled out of the US. They are everywhere. I have only owned three Toyotas; a coma-inducing silver Camry DX, and two MKII Supras.
Despite my lack of ownership, I have spent a sizeable portion of my career abusing Toyotas. Maybe it is latent Nissan loyalty surfacing as abuse, Dad was a Datsun salesman before I was born and continued in one form or another until I graduated from High School. To Toyota’s credit, they have taken it all without complaint.
A notable case was an innocent preppy green and gold Land Cruiser. An aircraft electrical malfunction resulted in an unscheduled stop in Boise Idaho and gave us a week to kill. A ladies NCAA tourney had snatched up all the econoboxes, so the unsuspecting agency offered up the keys to a new 2003 Toyota Land Cruiser. I grabbed them, signed the contract and was out of there faster than a Taylor Swift romance.

Three of the world’s most important auto shows began last week. Since my invitations to the various press events must have been lost in the mail I, like virtually everyone else in the world, followed them over the internet. I’m OK with that, really. I hate fighting the crowds and by the time a show closes high resolution photos of the most important cars are always all over the world-wide-web, anyhow. With the photos are the journalists’ impressions. Some are good and some are bad, but they all make me think. For example, there’s this article from the Top Gear website on the Tokyo motor show that asserts, on the strength of the cars at this year’s show, “Japan is back.” Hold on – Really? Read More >

With plans to give the world more of their wonders, such as the XL1, Twin Up! and Jetta, through 2018, Volkswagen has opted to shield their product spending from cost-cutting.

McLaren, like many makers of luxury goods, is having a difficult time moving their fine wares in China as of late, all thanks to a crackdown against lavish spending begun last year by the country’s Communist government.

What do Justin Bieber, Ashton Kutcher and Al Gore all have in common? They may soon — baring a miracle — become the proud owners of the first orphan cars made in the 21st century for well-moneyed consumers by an automaker born in the 21st century, as Fisker Automotive has filed for Chapter 11 bankruptcy protection.
The old saying goes; to be older and wiser, you must first be young and stupid. This is the story of my life. I’m older, but still waiting to be wiser.
While everyone has a story of the dumbest thing they have done, I have a book. Hopefully the point of this and other tales I share here, will not only be to entertain, but on a certain level, make you feel better about stupid things you have done.
111 articles. I’m a little surprised by that number. Some months ago, when I submitted my snippet to TTAC’s Future Writers’ Contest, I had no real idea that it would lead to a regular place on these hallowed pages. Like a lot of you, I had read TTAC for years and even commented from time to time, but until that contest began I had never thought about becoming a contributor. I am not an industry insider nor do I have any real insight into car design, manufacturing, sales or even repairs. I am just a regular guy who loves cars. Still, I knew I could write and so when the contest came up I thought I would go ahead and send in a piece to see how I stacked up. I’ve always had a way with words and I figured I would win hands down – boy was I wrong about that, I didn’t even win my own day. Still, I received enough votes to get a full try-out and once I got the editors’ email addresses I just kept on sending them stories until they gave me access to the back side of the site. For some reason no one has told me to stop and now, whether you like me or not, you are stuck with me. Read More >
Over at The Smoking Tire‘s Facebook page, they’re already calling it “the funniest podcast in TST history”. Near the end of my absurdly self-indulgent five-day West Coast birthday bash, noted TTAC contributor Bark M, Autoweek‘s Blake Z. Rong, and I sat down in front of the microphones at Matt Farah’s place to test the limits of the idea that “there’s no such thing as bad publicity”.
Read More >
At what point are you willing to accept a low-ball offer for your old beater?
Is it when the tranny blows out? Or does it eventually come through the scourge of rust, and the constant breaking of electric doo-dads that no longer work all through your doo-dah-day?
Some folks simply get bored of their ride. While others just try to drive their cars until their bodies become the rolling representation of swiss cheese.
Everyone has a reason to curb a car. Thanks to the efforts of Nick Lariviere (<— Click the link!), and the cooperation of an automotive conglomerate with more money than some state governments, I now have 257,020 purely anecdotal examples of this type of personal decision making.
I now need to figure out one simple thing.
What does all this data tell me?
Today’s Ur-Turn comes from Phillip Thomas, the rallycross driver/Subaru guru/LeMons mechanic that saved our butts during our ill-fated LeMons attempt. Philip spends most of his time behind the wheel of a pickup truck, towing race cars, collecting parts cars and going about his daily business in various half-ton, three-quarter-ton and one-ton gas and diesel trucks. We asked him for his perspective on the new Chevrolet Colorado.
The Brazilians still call it the S10. Back in the day the S10, like the Ford Ranger, was the venerable American small truck. Modest, simple, hard working little trucklets that were still capable of respectable towing and hauling. And, as with the Ranger, it remained effectively unchanged for almost 25 years. In 2004, the Ford Ranger continued to soldier on into the abyss mostly unchanged, but Chevrolet decided it was time for a new compact.
With the demise of the Lotus Elise and Exige, the lineup is looking pretty barren these days. Only the Evora exists for those looking to simplify and add lightness. The Los Angeles Auto Show saw the introduction of the formerly-forbidden Exige V6 Cup, but unlike our world market friends, this one is not street legal.
Qoros, the joint venture between the Israel Corp. and China’s Chery based on the business model of designing the cars in Europe and building them in China, took an important step as it introduced their Qoros 3 sedan to the Chinese market at the Guangzhou Auto Show. The car had earlier been shown to the public at the Geneva auto salon, but this is the first time it has appeared before an audience in its most important market. Qoros also announced that the first authorized Qoros dealer in China has been opened in Nanjing. dealers. The 3 sedan will be priced between 119,900 yuan ($19,680) and 167,900 yuan ($27,560), and it will be only the first model announced from what Qoros says will be a new model introduced to the Chinese market every six months for the near future. The next model is likely to be a compact crossover. Read More >
Fiat debuted the Ottimo at the 2013 Guangzhou Auto show. The five-door hatchback is based on the same platform as the Dodge Dart and Fiat Viaggio sedan and it will be assembled alongside the Viaggio by the joint venture between Fiat and Guangzhou Automobile Group, doubling production at that plant in southern China.
I admit it. Every once in a while I buy a vehicle that simply doesn’t work out.
Everything checks out at the auction. But then, I get a birthday surprise.
It could be a transmission that randomly goes out of overdrive after about 20 or 30 miles. Or an engine that has far too many aged wires for me to easily track down a stubborn check engine light.
Sometimes I buy a 4000-pound ATM machine that only allows you to put money into it; a rolling lemon, par excellence. Then I have to figure out how to make it into lemonade, lemon meringue pie, lemon tart, and even repair fodder for the other rides on the road that are still lemon-free.
Lemons are never fun… but every once in a while fate has a wonderful way of smiling on a pitiful set of circumstances.









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