General Motors’ sole electric vehicle, the cheerful Chevrolet Bolt, will see its MSRP stand firm in the face of an EV tax credit that drops by half come April 1st, the automaker claims.

In the fourth quarter of last year, GM sailed past the volume barrier that triggers a wind-down of the federal credit, meaning Bolt buyers will see less of an incentive to get behind the wheel. The $7,500 credit falls to $3,750 next week, before halving again in six months time. Knowing that EV buyers still need a push, GM plans to make the Bolt more attractive to green penny pinchers. Read More >

Union officials in Windsor, Ontario were blindsided Thursday afternoon by Fiat Chrysler’s announcement of job cuts at the company’s minivan plant. The automaker plans to cut a third shift at the plant, home to the Dodge Grand Caravan and Chrysler Pacifica, putting 1,500 out of work.

It will be the first time the plant has operated on two shifts since the early 1990s. According to properly pissed Unifor officials, lackluster Pacifica sales may be to blame for the move. Read More >

The arrest of Carlos Ghosn, former head of the Renault-Nissan-Mitsubishi Alliance, seemed a rather straightforward back in November. By the time he was changing into his orange pajamas (or whatever color is most common in Japanese prisons), Nissan chief executive Hiroto Saikawa announced Ghosn had been dismissed from the company’s board. At the time, he claimed Ghosn and his top aide (Greg Kelly) underreported their compensation and misused corporate assets.

However, it wasn’t long until the narrative grew more complex. Following global accusations that Japanese courts could not be counted on for fair treatment, due to their ludicrously high 99-percent conviction rate, Ghosn began telling the press he believed he was on the receiving end of a corporate coup devised by Nissan. Slowly but surely, minor evidence supporting his claims trickled in.

On Wednesday, an external committee reviewing Nissan’s corporate governance suggested that enough facts exist to suspect Carlos of violating securities law and misusing company funds. However, the committee’s findings include a line indicating that Saikawa signed off on Ghosn’s retirement package.  Read More >

It used to be that, if you were a “Ford Truck Man,” that’s all you drove. In fact, this author and his friends used to frequently quote the Toby Keith classic anytime someone exhibited an overabundance of brand loyalty. The borderline hysterical ad includes a scene with Keith hitchhiking through the desert, refusing rides from anything that lacks a blue oval on the grille. Hyperbolic for sure, but it kind of felt like that’s how people shopped for trucks back then.

Plenty of people still shop for a new pickups in this manner but, according to a recent survey, buyers are becoming increasingly less loyal as truck prices continue to climb.  Read More >

When your author hears the word “Masterpiece,” his mind conjures up images of a coveted line of K-frame Smith & Wesson revolvers, one of which still exists on the market. Kia’s not thinking about guns, though the themes of toughness, precision, and premium appeal carry over to the automotive world.

Masterpiece is the name applied to one of two Kia concept SUVs unveiled Thursday at the Seoul Motor Show, but it’s the second of the two vehicles that might be most relevant to North American buyers. Read More >

Ultra-rare automobiles have a tendency to be scooped up by speculators hoping to turn a buck. Manufacturers hate this, as they see none of that sweet, secondhand scratch — plus, the vehicles frequently end up as garage queens tucked away from the public eye. While a bit of a grimy move, it’s easy to understand why someone might be willing to fall from a manufacturer’s good graces so they can flip an already expensive automobile for several times what they paid.

Automakers have come up with interesting ways to circumvent the problem, often establishing hard limits on when a customer can resell a particularly in-demand model, but it never manages to stop it from happening entirely. However, Porsche CEO Oliver Blume thinks he has a novel solution — one that we’re a bit torn on.  Read More >

What coupe is 140 inches long, bright red, and was never sold in North America? It’s this Toyota Sports 800, from 1968.
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Ford’s troubled Russian joint venture isn’t doing nearly as hot as the Blue Oval automaker would like, so it’s severely paring back its presence in the country.

The memorandum of understanding signed Wednesday kicks off a broad restructuring of the automaker’s business in Russia, with two vehicle assembly plants and an engine plant now slated to close. Ford passenger car assembly will soon be a thing of the past in the Motherland as Ford’s partner, Sollers PJSC, takes a majority stake in the venture. Read More >

Contrary to past media reports, the Smart brand will not join the likes of Plymouth, Scion, and Pontiac in the great automotive graveyard. If that’s a good thing in your books, send a note of thanks to China’s Geely Holding, savior of Volvo and Lotus.

On Thursday, Smart parent company Daimler and Geely announced a 50:50 joint venture to develop and build a new generation of global-market Smart models in China. Read More >

The fledgling alliance between Ford and Volkswagen took another step towards jointly-developed products Thursday, with VW signing an initial contract for a Ranger-based replacement for VW’s aging, midsize Amarok.

Commercial vans and pickups were top of mind when the automakers officially partnered up back in January, with electric vehicles and autonomous driving serving as (potential) future collaborations. More news on that front arrived today, too.  Read More >

Protecting one’s individuality often means isolating yourself from the “in” crowd, sometimes at your own peril. Steering clear of fads. Giving short shrift to the dominant trends of the day. You author never went in for neon or Doc Martens back in Grade 5, despite all the cool kids wearing this incongruous attire combo. The jury’s still out on whether that was a good idea or not.

In the automotive sphere, buyers are making sure builders of SUVs and crossovers are well rewarded for their actions, scooping up boxy, high-riding family haulers like it’s going out of style. You’re not one of those people, are you? Read More >

With Faraday Future and Evergrande Health having officially settled their bitter legal dispute late last year, the once-again independent automaker could finally get back to hunting for new investors. Despite Faraday’s entire existence being overshadowed by financial missteps and bizarre business dealings (resulting in an inability to deliver product), it’s extremely good at scrounging up funds. Breaking ties with its primary financial partner might have seemed like bad news, especially after so many near-death experiences, but this is where the company shines the brightest.

On Sunday, Faraday Future signed into a 50-50 partnership with Shanghai-based internet gaming operator The9 — which amassed its fortune after gaining exclusive licensing rights to operate and distribute the extremely popular World of Warcraft in China. Faraday said the deal marks the first step in its plan to officially launch its dual-home-market strategy in both China and the United States.  Read More >

The unlikely alliance between BMW and Daimler, solidified earlier this year, is in the opening stages of producing something tangible. The duo are already said to be working on a joint platform for electric vehicles, which the German business publication Manager Magazin claims will underpin a new EV from BMW.

Called the i2, the battery-powered subcompact is to be slotted beneath BMW’s existing i3. While rumored to be similar in size, the i2 will abandon the i3’s carbon fiber body in an attempt to minimize costs and broaden appeal. Daimler would follow by producing its own version, likely using Mercedes-Benz’s EQ sub-brand.  Read More >

Changes come to Mazda’s midsize 6 sedan slowly, with mild — some might say imperceptible — styling refreshes and content changes usually occurring halfway through the model year. Last year saw a big and long-awaited addition to the slinky sedan: an available turbocharged 2.5-liter inline-four aimed at silencing, once and for all, enthusiasts’ cries of moar powah.

That mill brought 277 horsepower and 310 lb-ft of torque to a model often regarded as the most engaging midsize on the market, though buyers couldn’t pair it with the base model’s six-speed manual transmission. For 2019, however, it looks like no one will get their hands on a stick. Read More >

Renault reportedly wants to restart merger talks with Nissan next year and is even considering a follow-up marriage with another automaker — possibly Fiat Chrysler.

While the Renault-Nissan-Mitsubishi Alliance’s official goals for 2019 are difficult to pin down, a memorandum of understanding was recently established to improve corporate synergy and reassure the public that members can play nice after the drama-filled arrest of Carlos Ghosn. However, it would seem that the long game still includes mergers.

Earlier this month, top executives from Renault, Nissan and Mitsubishi appeared together to prove to the world that the alliance is not in jeopardy. It was known that Ghosn had been advocating for a merger against Nissan’s wishes for years, and many, including the defamed former alliance boss, have speculated that the associated pressures aided in the company acting against him in order to see him brought up on charges.

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