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.
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.
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 >
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.
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 >
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 >
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 >
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 >
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 >
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.
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