The Emir of Abu Dhabi is tired of the car business. Germany’s Spiegel Magazin heard that Abu Dhabi’s sovereign wealth fund Aabar wants to sell all stock in Daimler. Aabar also wants out of Daimler’s Formula 1 team and the joint investment in Tesla. Read More >
If the Ferrari FF is just a little too common for you, a Minnesota man has what must be the only one of its kind in the United States – a 1987 Honda Accord Aerodeck, practically new with just 29,750 miles on the clock.
“Community” is a nebulous buzzword here in liberal Canuckistan, with the term moving from a synonym for neighborhood, to describing everything from ethnic groups targeted by vote-hungry political parties, to an exercise in social engineering by Ivory Tower types, eager to ram pseudo-progressive initiatives through various legislative and judicial avenues. No wonder the CAW’s new “National Auto Policy”, full of old-school labor/social democrat policies, is being branded with the slogan “It’s About The Community”. Huh?
More than half of new car shoppers have recently changed their minds about the car they want to buy, says a new study by Kelley Blue Book. Researches find customers thinking about cars they normally would not have considered. What is changing their minds en masse: Rising gas prices. Read More >
The third worst thing about this car is the fact that it’s known as the “Tom Mix Duesenberg” though western actor Tom Mix had apparently had absolutely nothing to do with it. That was a ginned up provenance by a former owner of the car. The second worst thing would be that somebody thought that the car pictured above looked better than the Murphy built Beverly Berline body styled by Gordon Buehrig pictured here: Read More >
Volkswagen’s CEO warned its shareholders of a “very demanding year,” what with the European debt crisis depressing auto markets and growth in growth markets slowing. What is growing is risks, said Winterkorn at VW’s annual general meeting. Oddly enough, it is Volkswagen’s competitors who should be very worried. Read More >
Some 200,000 EVs are already on the road in China, says Reuters. Teslas they ain’t.
GM and its Chinese partner SAIC finally have worked out a deal that would get GM its coveted golden share back. In its darkest hour, GM had sold one percent of its 50:50 joint venture to SAIC, for the chump change of $85 million. Later, it became known why the number was so low: SAIC co-signed a note of $400 million. GM needed the cash to save its Korean arm. GM itself was facing bankruptcy, which happened only little later. Now, the share is coming back. For a hefty price. Read More >
Some of you may be confused as this video seems to depict a warm sunny day, a dearth of moose (mooses? meese?), and the miscreant in question isn’t wreaking havoc with a snowmobile. But trust me, this is Canada, and this is one of our normally polite citizens tearing it up on a blue Yamaha R1 at extra-legal speeds on a crowded highway. He probably drank some bad maple syrup or something. Read More >
Compressed natural gas may cost the equivalent of $1.89 per gallon of gasoline, but retrofitting your GMC Sierra or Chevrolet Silverado will cost you $11,000 – and GM still think it will save you money.
Just as we predicted, Audi has chosen Mexico as the site of their newest manufacturing plant. A specific site for the plant will be selected later in the year, with production of an unnamed SUV (said to be the Q5) starting in 2016.
If you read, maybe even follow Steve Lang’s advice on car buying, then you know how important and hard it is to fight the dreaded depreciation of your car. The minute you drive it off the dealer’s lot, it has lost a good chunk of its value. Some cars hold their value well, others not so much. Here are the best. Read More >
Though the Fisker car company tried to put on a brave face at the New York Auto Show, making the public introduction of their proposed midsized Atlantic sedan, the state of the company’s affairs might be better evaluated from what they’ve done farther down the eastern seaboard – effectively shuttering the former GM plant in Delaware where the Atlantic was supposed to be assembled, laying off the 12 remaining engineers and technicians at the facility.
Which cost more these days? Car or building?
I had a 2013 Hyundai Genesis R-Spec Sedan as my proverbial press fleet mule this past week.
The car gave me flashbacks. The quiet of the 5.0 Liter V8 engine reminded me of the first time my neighbor bought a brand new 1995 Lincoln Town Car. That car offered folks a whisper quiet ride, and enough space and luxury to make a Mercedes E-Class envious.
The dirty little secret of that time was that I enjoyed driving that Lincoln more than I did the last of the W124’s.
See, the miseries of commuting always took a huge bite out of my driving enjoyment. Instead of feeling the bumps and hearing the honks, it would have been nice to be cocooned in a big beautiful quiet world that the last of the good Lincolns offered.
The 2013 Hyundai Genesis sedan brought that world back to my daily grind. If only for a brief moment. So with that in mind… I wonder…
When I wrote that PSA and Toyota are exploring their sado-masochistic tendencies a tie-up of production in PSA’s ab- under-used Sevelnord plant in northern France, commenters said it will never happen. Others complained about the choice of choice illustrations.
France’s President Nicolas Sarkozy rode to the rescue of embattled TTAC, and confirmed the tie-up. Read More >
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