Over the last few days we’ve been discussing the implications of the growing gap between global oil demand and production, looking at the responses of a global automaker, a radical startup and the oil industry itself. And make no mistake, it’s an uncertain future out there… unless you’re selling cars in the US. In that case, your future just arrived, planned all the way through 2025. That is, if you think this proposed rule will survive four presidential elections and one industry-government “mid-term review.” Want to familiarize yourself with this pre-planned fuel economy future? All 893 pages await your perusal, in PDF format here. Or, hit the jump for a few broad strokes.
Category: News Blog
Fiat’s 500 may be flopping early in the game, but then, what do you expect from a car with barely 100 horsepower? Though I’m sure the Cinquecento is better with a stick shift, my brief time in an autobox version left me feeling that Fiat’s italophile morsel could use considerably more brio. Well, consider the problem solved, as the 160 HP Abarth version has finally been shown in US-market spec, and sales should start sometime early next year. And based on European reactions to the Abarth, it should be a little firecracker. So, enthusiasm solved… now Fiat just needs to do something about its high prices, uninspiring fuel economy and wretched marketing. Then everything will be just fine… although I still wouldn’t hold my breath for 50k units per year.
Say what you want about Saab fans, the guys have some dedication. At a time when most have finally accepted the fact that Saab is at the end of the line, Saab’s hard-core “dead-enders” are taking up their social media arms to rescue their beloved brand. After all they have a perfect opportunity: after months of wading through a quagmire, uncertain whether to support Victor Muller, Vladimir Antonov, or one of Saab’s Chinese suitors, all Saab fans can now rally against their old enemy, GM. Long blamed for Saab’s decline despite the fact that the brand’s peak sales came under its ownership, GM has long been the bête noire for Saabistas. And with GM now taking the wheel of Saab’s fate, Saab’s rabid fans have taken over GM’s Facebook wall, posting images of their favorite Saabs and demanding The General “let Saab go.” Will it be enough to convince GM to go against its carefully-crafted Chinese relationships and interests by giving Saab carte blanche to ship its technology wherever its new Chinese masters want? Don’t count on it. But for the moment GM has to sit through the online equivalent of an “Occupy” protest.
Ford’s outgoing Escape is neither the newest, nor the nicest compact crossover on the market, but man does it sell well. How something so relatively old and uncompetitive maintained such strong volume in the market has long been a bit of a mystery, but my theory is that the Escape offered two basic attributes that the market desires: low price and SUV looks (without SUV efficiency). And by combining Escape with Europe’s Kuga to create one global compact crossover, Ford has been forced away from those two basic attributes: Escape likely won’t be cheap with its turbocharged engines and upscale interior (though pricing hasn’t been released), and it definitely doesn’t look like an old-school SUV anymore. Will a new approach to the compact crossover segment pay off for Ford, or is this Escape too “global,” or too similar to other “cute utes” to succeed in the US market? Is this the point at which the “One Ford” ethos crashes against the rocks of America’s appreciation for boxy, rugged utilities?
dane writes:
My 1999 Ford Ranger XLT is starting to come under some serious wear. I got it a while back and thought it was good enough, an upgrade considering my dog grew to be 70 lbs and didn’t fit into the back of my immaculate 1996 Acura Integra hatchback. I needed to upgrade in size so I did.
Now, this truck came with a few ridiculous caveats. With 140k on the clock, it’s starting to enter my personal danger zone for cars. Additionally, it had a big tow package on it, a 2 inch body lift and big 33” by 12.5” tires on it. Did I mention it has the smallest 3.0 V6? The previous owner did not regear the truck and therefore it’s a bit sluggish. Upon inspection of the truck after removing the bumpers, which were improperly re-installed after the body lift, it looks like whoever did the lift cut parts of the frame near the rear of the truck. It’s looking worse and worse.
What do the European car market and crabs have in common? Both move sideways. In October, new car registrations in the EU were down a tiny bit, minus 1.8 percent, says the European manufacturers association ACEA. January to October produces likewise uneventful numbers: For the year, 11,126,436 new cars changed hands in the EU, that is 1.2 percent less than in the first ten months of 2010. Read More >
Although the city council in Redmond, Washington has decided to cancel its red light camera contract, the city continues to block the effort to let voters have a say in the decision. In court papers filed Monday, local activists cited election results in the cities of Bellingham, Longview and Monroe to convince King County Judge Laura C. Inveen to reconsider her October 11 ruling that it would be a “useless act” to put an advisory measure on the ballot.
“Under the local initiative process, the city clerk had a clear duty to transmit the petition to the county auditor,” Judge Inveen ruled. “That mandamus will not lie to compel the useless act of transmitting the initiative to the county auditor where the initiative is invalid according to the Court of Appeals’ recent decision, American Traffic Solutions v. Bellingham.”
The Japanese car market is anything but closed, Toshiyuki Shiga, chairman of the Japan Automobile Manufacturers Association said yesterday. Vis-a-vis The Nikkei [sub], Shiga basically repeated what we had said all along, and he used the same line of reasoning that doesn’t seem to register with some blockheaded parties:
“Import duties are zero, and there are no regulations or procedures that block American cars. European vehicle imports are increasing.”
Shiga should know. He is COO of Nissan, which quietly turned into Japan’s largest car importer on a brand basis for the year, only to fall back to number 2 in October on strong imports of the Volkswagen Group. Shiga also asked the same question which I always use, usually without receiving an answer: Read More >
Over the last couple of weeks we traveled in space through Colombia, China and South Korea, and in time through the USA in 1975. This week we are getting icy and hop onto Sweden.
If you are not in for a snowstorm, you are going to struggle through this article I’m afraid! But hey, I’ve also prepared 159 additional countries for you to visit in my blog, and I can tell you it is super good, so click away!
Volvo is still the king of Swedish roads, placing 4 models in the Top 8 last month, while there was no Saab model in the Top 50…
Americans may no longer be as completely obsessed with road travel as they once were, but for first-time visitors to the USA, a round-the-nation roadtrip is always the ultimate fantasy. And really, what better way is there to appreciate the great expanse and diversity of this great nation than by car? Luckily for those of us without the time, money or reliable transportation to discover America by highway, we can now get a taste of the magic in an internet-attention-span-friendly morsel: five minutes, fifteen seconds. Someone named Bryan DeFrees condensed a 12,225 mile-long road trip in a giant loop across the US into this film, making one of life’s epic adventures available from your desk or smartphone. Warning: Video may cause sudden desire to “hit the road”…
[via: Laughing Squid]
Though we owe Jalopnik a few well-deserved raspberries for this week’s inane tease-n-reveal of some wildly overhyped and under-delivering “renderings” of the 2014 C7 Corvette (look it up if you must), we’ve actually got to tip our hats to the Gawker site for finding a truly relevant petition at the White House website. The petition’s goal?
Stop using Homeland Security funds to seize imported vehicles, and change the DOT/EPA exemption to 15 years.
The Department of Homeland Security spends a shockingly disproportionate amount of its budget not on security initiatives, but on customs seizures. In particular, importers of grey-market vehicles have been targeted by monies taxpayers have intended to be used to secure our country against terrorism and terrorist activity. We call upon the Executive Branch to immediately cease this wasteful activity, and furthermore to change the DOT/EPA exemption time on grey-market vehicles from 25 years to 15 years (to match the vehicle regulations of Canada), recognizing that the 25-year rule was enacted due to support from special interests such as Mercedes Benz North America.
This is the kind of cause that we can absolutely get behind. In fact, if TTAC and Jalopnik combined can’t get under 22,000 readers to sign it… well, it will be Jalopnik’s fault. They’re a much bigger site. Seriously though, please sign this. There’s no guarantee that this will change anything, but as long as future generations can grow believing that they too might be able to someday import some awesomely clapped-out foreign jalopy that will demand all of their spare time and money just to stay running, well… the world just might become a better place.
Done signing the petition? Why not tell us what 15 year-old car you would import if you could?
The new 2012 Mosler RaptorGTR features 838hp accelerating only 2580lbs. The ultralight street missile is built with carbon-fiber LeMans Prototype construction concepts to keep the weight radically lower than any car in the hyper exotic category, while remaining extremely safe.
Edited to include some very interesting information from “The Car Show”‘s Matt Farah — JB
Warren Mosler is a man after my own heart; he builds cars which are simply designed to haul ass. From the original Consulier to a recent run of mid-engine bespoke GT cars which can be ordered in both street and ALMS configurations, his cars pretty much always outperform expectations… even if they aren’t always perfectly gorgeous. The new “Raptor GTR” hopes to be both fast and attractive. The specs indicate that it will be race-car quick, and if that’s not enough, you can upgrade the car for an additional $70,000 and put 1,212 horsepower to the rear wheels. (Completion of a Mosler driving school is, apparently, required to qualify for the upgrade.) Vipers, Vettes, and GT-Rs will all have to kneel to the Raptor, assuming the track is dry and the driver understands how to drive a car with a true aero package.
For more details, including the most bizarre music video you will watch before the end of 2011, click the jump.
Since ruling Americas roads in the heyday of the US auto industry, sales of large sedans (as a percentage of the overall market) have been in a decades-long slump. More recently, as SUVs have merged with large cars to form the modern crossover, the decline in large car sales has picked up speed. And there’s reason to expect that trend to continue, as a closer look at the data shows that market support for large sedans has eroded farther than even these numbers might suggest. One of TTAC’s well-placed sources reveals that the “large car” segment (admittedly, a notoriously difficult segment to accurately capture) is running at 50% fleet sales, year-to-date through October. That’s right, every second large sedan sold in this country end up as a fleet vehicle, many of them daily rentals.
The big news around here yesterday came from Bertel’s interview with Toyota’s Chief Engineer, in which it became clear that Toyota takes the developing world’s growing demand for oil very seriously. With global demand already outstripping supply, the giant automaker’s embrace of a petroleum-constrained business model seems to make it clear that gas prices will play a significant role in the future. But markets are, by their natures, both difficult to predict, and shaped by predictions. And Edmunds CEO Jeremy Anwyl reckons that, although gas prices are high and could well go up in the short term, fears of a runaway gap between supply and demand may not materialize over the longer term. He writes:
Here’s the twist: As I said, the consensus belief (or story) on future oil prices is that they will be higher. And short term, this may be the case if and/or when the global economy recovers and/or demand grows in emerging markets.
But there is a longer-term story as well. This story suggests that peak oil may be nigh and the future holds shortages and sharply higher prices. Buying into this story, companies, acting individually, will see profit in expanding exploration, developing sophisticated new extraction technologies, etc.
The aggregate result of all these individual activities is that the future supply of oil will improve and prices will actually drop.
In fact, we have seen this paradox play out before. Through the Seventies, we were first shocked by rapid price increases and then conditioned to believe they would continue. And, of course, oil prices collapsed in the Eighties.



















Recent Comments