Category: News Blog

By on May 23, 2013

VW XL1. Photo courtesy Wired Autopia.

Wired Autopia’s Damon Lavrinc got the chance to drive the Volkswagen XL1 in Germany. Lavrinc, who has a wealth of experience writing about automotive technology and alternative powertrains, gives us a good picture of what it’s like to drive the XL1, from the awkward entry/egress, to the seemingly underpowered air-conditioning system to the lack of a simple iPod connector (because that adds weight, natch). Check it out over at Autopia.

In three weeks, Bertel will return to the scene of his crimes at Volkswagen in Wolfsburg, and will drive the XL1 on the same Wolfsburg-to-Berlin trip as Wired, maybe even the same XL1 as Wired. Check it out when he returns. If he does.

By on May 23, 2013
La Sorda with Wagoner and Mualally - Picture courtesy UPI.com

Those were the days, my friends: LaSorda, Wagoner, Mulally

Tom LaSorda,  formerly CEO of Chrysler and before that a key man at GM, will lose a lot of  money when Fisker goes down and/or bankrupt and/or is sold for pennies on the dollar. The man has a plan to recoup his losses: He started his own venture fund with racing and auto dealing magnate Roger Penske, as Reuters has it. Read More >

By on May 23, 2013

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Confession time: I used to be really into Import Cars and the tuning scene. My high school years coincided with the rise of The Fast and the Furious franchise, and having already been pre-disposed to loving Japanese cars, it was natural that I’d gravitate towards this niche.

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By on May 23, 2013

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The Department of Homeland Security may have the Land Rover Defender on their radar, but one Houston truck enthusiast has another pretty cool off-roader for sale, one that’s apparently legally imported too.

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By on May 23, 2013

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After accumulating some $9 billion in losses, Mitsubishi Motors is bringing its financial house in order. According to Reuters, “Mitsubishi Motors is considering asking shareholders to approve plans for a 10-for-1 reverse stock split. At the same time, the company may ask shareholders to approve a capital reorganization – a change in accounting that would make it possible to resume paying dividends.” Read More >

By on May 23, 2013

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While the Ford Falcon is getting the bulk of the attention with respect to Ford’s soon-to-be-shuttered Australian operations, Ford also made another product, based off the Falcon platform, that never made it to our shores. The Ford Territory might be the most desirable CUV ever made.

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By on May 23, 2013

spark

Prepare for a low intensity price war over electric vehicles. GM announced that its all-electric  Chevrolet Spark, going on sale next month in California and Oregon, will sell for as low as $19,995 after the full federal tax credit of $7,500.  According to the calculations of Reuters, that’s “as much as 38 percent less than what it takes to buy its larger sibling, the hybrid Volt.” Read More >

By on May 23, 2013

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A sad day for both Ford and Australia. The Blue Oval has officially announced an end to building cars in Australia, which Ford has done since the 1920s.

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By on May 23, 2013

Bob Lutz  Picture courtesy dailytech.com

Fisker is worth around 200 Karmas at retail. “A team including former General Motors Co executive Bob Lutz and China’s largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the “green” car company’s estimated worth almost a year and a half ago,” Reuters says. Read More >

By on May 23, 2013

The tweet was true:  As indicated on Tuesday, Tesla paid off its DOE loan on Wednesday. Nine years before the note was due, Tesla “wired $451.8 million to repay the full loan with interest,” as Reuters says. Read More >

By on May 23, 2013

File picture of Ford Australia's head office in Melbourne

Ford has long been at the forefront of the currency debate, claiming currency manipulation when the yen went to levels that nearly killed the Japanese auto industry, and shouting “currency manipulation” now that the yen is back to normal levels. Now, Ford itself experiences the devastating effects of changing exchange rates:  Ford is shutting down all its manufacturing operations in Australia. The reason: A strong Australian dollar.  Says Reuters: Read More >

By on May 23, 2013

Muller and lawyer Geers in court – Both are suspects of tax evasion

As suspected, the Swedish Saab scandal  over avoided taxes grows wider.  Yesterday, it reached the failed takeover artist Victor Muller. “Muller prime suspect in Saab tangle,” headlines Swedens Svenska Dagbladet, The paper obtained court documents that say Muller is wanted for questioning. Read More >

By on May 22, 2013

Ford is adding a week of production at most of its North American factories this year for an additional 40,000 vehicles, Reuters says. Plants will be idled for just one week this summer instead of the traditional two. Read More >

By on May 22, 2013

When was the last time you saw a major car company do something silly in a commercial? No, not like that Lincoln ad made from Tweets curated by Jimmy Fallon, I mean something deliberately silly. There may be more recent ones but  Isuzu’s “Joe Isuzu” ad campaign is the most recent one that I can think of and that was so long ago that when young people see Joe’s I-Mark ads on YouTube they must ask, “Isuzu sold cars? I thought they just sold trucks ” Read More >

By on May 22, 2013

Now that you know everything about the Top 200 best-selling models in the world, it’s time to snap back to April and have a close look to Europe.

Surprise surprise number 1: Sales are up for the first time in 19 months…

Surprise surprise number 2: For the first time since the launch of the nameplate in 1996, the Audi A3 is among the 10 most popular models on the continent.

More detail after the jump…

Read More >

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