With GM repositioning its IPO to target US retail investors, we find ourselves motivated to once again sound the alarm about one of the major drains facing The General’s taxpayer-provided cash pile: the restructuring of its European Opel division. Opel slated its Antwerp, elgium plant for closure earlier this year, but at the time GM was trying to find a buyer for the plant. In May we noted that automotive overcapacity on the continent made finding a buyer for Opel Antwerp a tall order, and sure enough, Bloomberg reports that a buyer has not been found. What Bloomberg leaves out of its write-up: GM is now stuck with the €400m ($530m+) bill to pay off all those unemployed workers. A half-billion here, a half-billion there… soon you’re talking about real money.
Hello, I am a young female looking to buy a car in a few weeks. I’m in love with Cadillacs & was wondering which years of Cadillac Eldorados have aluminum around the engine? I have been researching this for weeks and have not found any information. Could you please help me out with this?
Tickets for Ford’s 2012 Focus (coming next spring) start at a Cruze-pipping $16,270 (destination charge not included), but that’s for a “S” Trim four-door sedan with “100A” equipment (rear drum brakes, manual air conditioning steelies). In other words, as with the Fiesta, Ford has made its “come-on-in special” version of the Focus sedan-only. Move up to the “SE” trim for an apples-to-apples comparison, and you find that the Focus hatch carries the same $795 “hatchback tax” as the Fiesta. SE Sedans start at $17,270, while the SE hatchback starts at $18,065 (Sedan pricing in PDF here, Five-Door here). Meanwhile, “Titanium”-spec Focii are knocking on $23k, at which point you’re getting the same 2.0 GDI as the base model, while Cruze customers venturing into similar price territory will have upgraded to the well-received 1.4 Turbo. So why is it that the hatchback tax bothers me the most?
I first used this gem of a picture about a year ago. It certainly captures the essence of the man better than any other. I somehow stumbled upon it in an obscure site, and since then, it’s made the rounds on the web. But the story behind the picture was left to speculation, beyond knowing that it happened on an Opel test track. I helped a German site (oldtimer-markt.de) find the source of the photo, and in exchange, I got the story, from Florian Schwaab of oldtimer-markt, who wrote the following: Read More >
California Governor Arnold Schwarzenegger (R) last week approved one bill and vetoed another, ensuring that the state government would maximize its share of red light camera revenue. On Wednesday, Schwarzenegger blocked legislation that would have slashed the fine for rolling right turn on red from $500 to $250 (view bill). The potential loss of income from the change raised opposition outside the legislature.
You don’t need TTAC to tell you what’s new at this year’s Paris auto show. If you want the re-hashed-yet-excited PR-based bits about the newest 515 HP sports car concept, or if you want to hear about which electric cars VW will maybe/probably/possibly introduce in 2014, and how great they already are at this very moment, then you probably know where to go.
Yet there is, undoubtedly, plenty of stuff from Paris worth writing about. For any car nut, the place is a Xanadu. Especially for me personally, when the opportunity presented itself to see the Paris show with one of my very favorite automotive writers (and I’m not just saying that because he’s the boss’ father), Paul Niedermeyer. Here’s an (edited, because you don’t want to spend the next three hours reading this), highly subjective conversation between two car fans. – Martin Schwoerer Read More >
I remember it like it was today. We had a long line of trade-in’s going through the public auction and I was working the ring. When you’re down on the ground at the auction, your job is to hoot, holler, and help the auctioneer create the urgency to buy. In most states you are called a ‘ringman’ and for the next two hours, my job would be to use everything but jumbled auctioneer’s English. As a ringman my powers of persuasion are eyes, hands, body, and a fair bit of negotiating after the final bid falls short of the reserve. I read people. Just as I do when I’m on the block, and by 2002 I had already finished in the top 10 in the World Auctioneer’s Championship as a ringman. But forget about that lucky accolade. At the moment, I needed a minivan for my wife. Read More >
Cars may be battling with communication technology for the hearts and minds of the youth, but at least we’ve got a handle on the downsides of our internal-combustion (or, increasingly, not) friends. Cost, pollution, risk and overall coolness deficits can, given a responsive industry, be battled. On the other hand, we’re only just learning about the endless creepiness that comes from limitless connectivity (stop me when I start sounding like someone who just enjoyed a week away from the internet). Take, for example, the latest attempt to fuse social media with cars: Bump. Read More >
The ad shown above seems to cement a sad reality for automotive enthusiasts: the objects of our passion are no longer considered the cutting edge of material culture. And this reality is reflected is reflected in more than just ads for mobile phones, the object that appears to have replaced cars as the touchstone of youthful cool. For a broad array of reasons, young people (the traditional arbiters of cool) are less obsessed with cars and car ownership than they once were. Even automakers themselves are rushing the automobile to the scrapheap of history by seeking to load ever more phone-like capabilities to cars, a trend that both fuels phone mania and disinterest in driving as an intrinsically rewarding experience. But, it seems, that cars can still be cool after all… Read More >
After the amount of replies by the B&B, spitting venom at the cars they loathed with a passion, I decided to inject some needed positivity to TTAC. We’re often accused of being negative and downbeat, so here goes my attempt at being positive. Read More >
What will be the fuel of the future for cars? Gasoline? Diesel? Ethanol? Electric? Hydrogen? I might as well ask “What are the numbers for next week’s lottery?” No-one really knows; which is why everyone is hedging their bets. To invest in a particular technology and ignore the rest is basically playing Russian roulette. (There you you. We forgot CNG.) This next evolution of the car industry is going to be critical. While Ford is looking at other types of alternative propulsion, at the moment it is pretty much playing it safe, sticking to more efficient ICE’s, hybrids and electric cars. Very good bets to make. But now, it seems, Ford is playing it a little riskier. Read More >
The leather still has that fragrant smell of dead thick cow skin and the interior offers a better living space than many Manhattan apartments. It only has 104,000 original miles after 21 pampered years on the smooth roads of North Georgia. Everything about it is world class. But as soon as I utter the name BMW, some of you will be instantly turned off. A Yuppiemobile. A prestigious status symbol loaded with whatever arrogance and hubris the Germans can muster. Not to mention that it’s not a Lexus, or a Jaguar, or a…. Read More >
When Alan Mulally came to FoMoCo, his strategy was simple. Quite literally. “One Ford.” Jaguar? Out. Land Rover? Out. Volvo? Out. Mercury? Out. Aston Martin? Out (but we’ll keep a small stake, just in case…). It’s all about “Ford.” And it’s worked. Ford is flying high and is closing in on GM in the US market. But there’s one thing that stops Ford flying even higher. It’s that millstone around their neck, called debt. And lots of it. About $27.3b in the most recent quarter. Some economists believe that is what is depressing Ford’s stock price. Well, it seems Mr Mulally is going to have a laser focus on this problem. Read More >
I may eventually get around to writing up my epistle from the Paris Auto Show, but then it was incidental to our (first) vacation to the City of Lights. It’s a bit challenging to think of staying inside writing in the midst of this endlessly stimulating, charming and superbly beautiful city. We rented a 6th floor apartment (no elevator) in one of the most colorful old neighborhoods on the Left Bank, St. Germain de Pres. Many of the streets, like ours, is closed to cars. And when there are cars, they’re inevitably small. Suddenly, the Smart seems brilliant. It’s not uncommon to see five or more of them on any given block. And all of them have dings and tears on the their “fender” corners, thanks to the “parking by feel”. They should just put bumper-car bumpers on them all. BTW, that’s a Ligier micro-car in front of the Smart. Read More >
I sit here in China, where supposedly the police is glued with one ear to my door and has directional microphones beamed at my windows. Looking and listening to America, I can only shake my head. No authorities needed. We are self-policing. Where did the great times of the 70’s and 80’s go? Where is true freedom of speech hiding? Pretty much nothing can be said and done anymore for fear of insulting someone, somewhere, somehow. The other day, we showed two car ads, made for network TV, and all hell broke loose. “Too racy!” “I will get in trouble with HR when I watch TTAC during work!” “Sexist!” Read More >
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