Fiat Chrysler Automobiles has said that it might be looking at $840 million if it wants to settle a Justice Department investigation into excess diesel emissions and threw some mild shade at regulators.

The manufacturer noted that the U.S. appeals court’s August ruling that overturned the Trump administration’s July 2019 rule that suspended a National Highway Traffic Safety Administration regulation more than doubling emissions penalties for automakers is playing a major factor in that sum. Obviously, it wishes they hadn’t.

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In the last edition of Buy/Drive/Burn, we discussed three large European wagons with a $65,000 price point. The Buy vote was a toss-up between the E-Class and the A6 allroad.

Today we cover the sedan variants of the same three cars, at the exact same price point. Think you’ll choose differently?

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As other used car retail outfits like Shift go public in an attempt to grow their number of stores and break into the (lucrative?) used-only dealership market, established player Carvana has a different issue on its hands: There just aren’t enough used cars to buy these days.

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Rental-car agencies, shunned by a population that didn’t know whether it was safe to go outside for most of the year, have reportedly started to turn things around. While the recovery didn’t come soon enough to save Hertz from having to declare bankruptcy, the summer months were much kinder to the industry as a whole. Despite the likelihood of 2020 remaining an unprofitable year, the final two quarters should help rental groups recoup some of the sustained losses.

A recent assessment conducted by the Wall Street Journal suggested that the industry is benefiting from a population that continues to shun air travel during the pandemic and elevated used vehicle pricing. While discount prices actually hampered Hertz right when it needed a miracle, secondhand auto rates surged through the latter half of the summer and helped stabilize the rest of the vehicle rental industry.

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Honda Motor Co. will be accompanying Fiat Chrysler Automobiles in pooling its emissions with electric vehicle manufacturer Tesla in an attempt to adhere to CO2 limits mandated by the European Union. For 2020, the average emissions of all vehicles sold within the region must not exceed 95 grams of CO2 per kilometer. Companies failing to comply will be forced to pay the government sizable fines as it readies even higher targets for next year.

Over half of automakers planning to move product inside Europe next year are already assumed to fail however, resulting in a series of rushed hybrid/EV products, the obliteration of the diesel-powered passenger vehicles, and companies desperate to team up with the manufacturers that came in under the regulatory limits.

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The National Automobile Dealers Association (NADA) has announced a decision to strengthen diversity quotas by dividing the country into three distinct regions and passing a bylaw amendment that expands the number of at-large seats reserved women and ethnic minorities — moving both from two to three positions.

While the organization had been discussing the matter all summer, with CEO Peter Welch telling NADA members racism and discrimination had “no place in the car business” and needed to be “rooted out,” it has also begun making moves that support new inclusion and equity programs. Roughly 41 percent of the NADA employees are women at present, with another 20 percent representing minorities. But Welch said the group could and should strive to improve those numbers.

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Today’s Rare Ride is equally at home on a track or on a road. Lightweight and minimalistic in its approach, the Renault Sport Spider has only the things you need to drive, and nothing else.

Let’s check out this bashful looking sports car.

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Chevrolet plans on showcasing a 1977 K5 Blazer converted over to all-electric propulsion for SEMA360, foreshadowing the Electric Connect and Cruise package General Motors hopes on selling in the latter of 2021. But it would first like to take the public’s temperature on the concept by surveying SEMA attendees interested in building their own electric projects before finalizing its “eCrate” offering.

That makes the modified Chevrolet Blazer-E a proof of concept to help customers realize what kind of projects might be possible and get the creative juices flowing — something which never seems to carry over when it comes to naming EVs.

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Despite having never manufactured a single production model, Fisker Inc. is a company reportedly worth billions. On Thursday, the prospective automaker indicated that it was ready to see how much more it could get via an announcement that it had officially completed its business combination Spartan Energy Acquisition Corp — a special purpose acquisition company — and was ready to be publicly traded.

Better call your broker.

Listen, if we could explain to you why technology firms with no product lineups or revenue sources are eligible to receive cash enemas from the stock market, we absolutely would. But the amount of mental gymnastics required to rationalize an answer has surpassed what your author can entertain without risking his own sanity. Special purpose acquisition companies (aka SPACs or “blank check” firms) have exploded in popularity and allowed dozens of businesses going public to rake it in via reverse-mergers this year. Whether it’s economic voodoo or sheer madness, it has become the status quo for IPOs seeking to raise insane amounts of money.

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With so many automotive issues being “solved” with a software update and a wink of late, its nice to see a recall that harks back to the days where someone forgot to tighten a few bolts or had a delivery truck pull up to the factory with sub-optimal fasteners. According to documents filed with the National Highway Traffic Safety Administration, Volkswagen has found itself in just such a pickle and will need to recall 218,192 Jetta sedans from the 2016-2018 model years.

The problem? Improperly torqued fuel rail bolts. The solution? Obvious.

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Unaware that the inherent danger of motorsport is often what makes it popular (check the ratings for any series throughout history and count the number of driver fatalities if you’re in doubt) Roborace plans on becoming the first global championship for battery-driven autonomous cars programmed to run the course without help. Organizers are convinced that the sport will eventually yield compelling competition with teams using nothing more than their own coding acumen and self-driving hardware. Chassis and powertrains are shared between vehicles, making this a battle of real-time computing algorithms and artificial intelligence technologies.

It actually sounds kind of boring. But one of Roborace’s first live-broadcasted events opened with a bang after one of the cars pitched itself directly into a wall — suggesting organizers could still give the viewing public what it wants.

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Genesis shared the first official images of the GV70 on Thursday. The model slides in just below the GV80 and serves as the crossover alternative to the G70 sedan, incorporating the now-familiar quartet of LED headlights and crested grille.

The interior has been similarly inspired by its siblings, providing a look that’s synonymous with the Genesis brand but fairly unique within the industry. An ovoid steering wheel influences the rest of the cabin, resulting rounded edges replacing anything that designers might have previously penned at a 90-degree angle. The end result is an interesting and elegant space for drivers to plant themselves.

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Eager to prove itself as a forward thinking mobility brand, Ford has advised us to prepare for the debut of the battery powered E-Transit van on November 12th. Following some heavy teasing from CEO Jim Farley during the company’s third-quarter earnings call a day earlier, Blue Oval issued an official announcement on Thursday to be ready for the commercial vehicle poised to change the way it does vans.

We’ve heard this before. There was supposed to be a battery electric Transit Connect, developed in partnership with Azure Dynamics, coming to market for the 2011 model year. While a prototype existed and was driven around by numerous outlets who praised it for being incredibly normal, the car ended up being prohibitively expensive to manufacture and kind of underwhelming to live with. Range was an abysmal 56 miles (according to the EPA) and the van was only just barely capable of maintaining highway speeds. In the end, Ford handed the project over to Azure — which nixed the passenger model and sold a few thousand commercial versions to various U.S. bureaucracies, coastal power companies, AT&T and the Canada Post for a little under $60,000 a pop.

Azure then went bankrupt.

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The Bugatti Bolide Concept, which is a track-focused supercar has impressive numbers. An 8.0-liter W16 engine, 1,824 horsepower, 1,364 lb-ft of torque, a power-to-weight ratio of 0.67 kg/PS, and a weight of 1,240 kilograms — all dazzle.

Another impressive number — the claimed 3:07.1 lap time around LeMans and 5:23.1 around the Nurburgring’s Nordschleife. Problem is, those numbers are based on simulations.

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A VIN decoder that has hit one of our parent company’s forums suggests that Porsche has prolific plans for 2021.

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