Car dealers have been polled for the fourth-quarter Cox Automotive Dealer Sentiment Index (CADSI) and they’re still incredibly optimistic, despite losing some of their earlier confidence that new-vehicle sales would be relatively healthy.

The dealer optimism – especially among franchised entities – seems to be wholly tied to profitability here. New vehicle sales dropped in 2019 and absolutely cratered in 2020 due to the nation’s response to the pandemic. In spite of there being plenty of talking heads in the news media telling you not to stress about the economy, inflation has created pricing increases across the board and automobiles are at the tippy top of that list. With inventories remaining relatively lean due to production slowdowns, staggering dealer markups have become the norm. Basically, stores just seem happy that they can charge more per car while they’re in short supply. But they’re also starting to have concerns about the long-term viability of the market and are are feeling the pinch of rising operating costs.  Read More >

Chevrolet’s Corvette plant in Bowling Green, Kentucky, will be seeing a week of downtime following the vicious tornadoes that swept through the United States over the weekend. With twisters populating Southern and Midwestern states, Kentucky became ground zero from some of the most devastating weather seen all year.

Governor Andy Beshear called for a state of emergency Saturday due to the extensive damage across the state, with Bowling Green yielding some of the most harrowing examples. While the Corvette factory was spared the total destruction endured by other buildings, General Motors has said the site will still need to remain closed so the necessary cleanup can be done. Read More >

Today marks the ninth installment in our history of Imperial, as the calendar flips over to 1961. The second generation Imperial is not quite to the middle of its tenure on its own platform, the D-body. Virgil Exner imposed a wild new styling direction on Imperial for 1960 that was both outlandish visually, and heavy-handed in its execution. “More of that,” said Exner for ’61.

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Ever since the 1998 model year, Toyota has sold a big, American-style minivan with the engine in the front and cupholders throughout the interior. Prior to that, though, American Toyota shoppers looking for a new van had to take an innovative mid-engined machine designed entirely with the Japanese home market in mind: First the TownAce (known as the Van here) and then the Estima (known as the Previa here). The Previa was too small and too underpowered to compete head-to-head with Detroit minivans, but those who bought them found that they lasted for decade after decade. Here’s one in a Denver-area yard that got pretty close to the magical 400,000-mile mark. Read More >

When people started burning down 5G towers in fear, the practice seemed a little misguided. But if you happen to be the owner of a connected automobile, there’s a chance you’ll be wishing enough of them had been taken down to delay those low-latency spires from becoming the default broadcasting network.

While you were probably aware that 3G cellular networks will be shut down in the U.S. next year so the telecom industry can focus in on 5G, you may not have been hip to the fact that this could totally nullify the connected features inside of your car. Unfortunately, loads of automobiles manufactured the early days of phone pairing and internet integration won’t be able to make the journey into 5G like the new phone or tablet you purchased. Worse yet, there are even some modern vehicles that are about to become a lot less feature rich with companies that have no intention of offering updates.  Read More >

General Motors CEO Mary Barra has chimed in on the weeklong open discussion about whether or not it’s a good idea for America to embrace the Biden administration’s EV tax credit plan, which just so happens to be deeply intertwined with the Build Back Better Act’s cavalcade of federal initiatives.

As we’ve already covered the topic more than once, we’ll avoid the recap and simply post the relevant links where Tesla CEO Elon Musk recommended pitching the entire bill into the trash and Transportation Secretary Pete Buttigieg went to bat for the White House by suggesting the updated tax scheme was a necessity for electrification to thrive. Barra opted to go with the latter take, stating that it could help accelerate EV adoption. Read More >

If you’re one of the moneyed set who enjoys a pint-sized car powered by a frantic five-cylinder engine, 2022 will be the last opportunity to pick up an Audi TT RS. With the 394 horsepower rocket set for its swan song next year, you know Audi will be offering some sort of special edition to mark the end of this era.

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Used-vehicle prices set another record last month thanks to elevated demand and suppressed production of new cars. Depending on who you ask, the typical transaction fee for a secondhand automobile rose nearly 50 percent in November vs the same period in 2020. While the pandemic had meaningfully suppressed demand during that time, that’s still a staggering increase over any 12-month period.

Sharing Cox Automotive’s Manheim Used Vehicle Value Index, Automotive News nailed down the annual difference to a 44-percent increase. This also represents the November pricing index swelling by 3.9 percent against October, which is noteworthy in itself. But what does that look like in dollars?  Read More >

On Wednesday, President Joe Biden signed an executive order committing the United States to the acquisition of only zero-emission vehicles by 2035 for the federal vehicle fleet.

This is totally in line with the administration’s stated desire to focus on transitioning the nation toward renewable energy sources while advancing electric vehicle adoption rates. But the event was curiously not celebrated with the applicable fanfare. Biden signed the document without media there to capture the moment and reporters failed to ask about it during a press event on the White House lawn later in the day. Were it not for an official fact sheet issued by the administration later in the day, we may never have known there even was a signing.  Read More >

Founded at the turn of the 20th century, Isotta Fraschini dabbled in different modes of transportation during the handful of decades the original company was operational. Though it ended up as a luxury carmaker to rival the likes of Mercedes-Benz, the founders of Isotta Fraschini never intended to make a car at all.

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You may recall the brouhaha surrounding the Ford Bronco hardtop, a piece of the SUV that held up the initial rollout of the much-awaited model before causing a recall thanks to odd wear patterns. Specifically, certain roof units had a manufacturing deficiency which caused them to discolor and expose a honeycomb pattern after being subjected to particular levels of water and humidity (read: everyday conditions for some types of customers).

Now, it appears Ford is done like dinner with the issue, electing to destroy every single hardtop collected through the recall.

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Today’s Seventies captive imports trio comes to us via suggestion by commenter MRF 95 T-Bird. He wants to see which of the Manta, Capri, and Arrow warrants a malaise era Buy. We’ll straddle two model years today, 1975 and 1976.

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U.S. Transportation Secretary Pete Buttigieg has responded to criticisms Elon Musk has made about the Biden administration’s plan for electric vehicle subsidies.

The Tesla CEO believes the Obama-era EV tax credits were more than sufficient, with his own company serving as physical proof, and suggested the entire Build Back Better Act be tossed into the toilet. But Secretary Buttigieg said it was a necessary item if the United States hoped to advance electrification, swiftly transition away from combustion vehicles, and escape the perils of climate change (formerly known as global warming).  Read More >

Despite being one of the last hero states to not require routine vehicle inspections, Michigan is infamous for boasting the highest auto insurance rates in the whole country. Blame the double-edged sword that is the state’s no-fault insurance scheme, the region’s relatively high number of uninsured motorists, or the general popularity of personal injury lawsuits (an American pastime). Heck, blame the whole insurance industry while you’re at it because it’s the one that managed to become wildly profitable off the concept that you’ll be bankrupted if you don’t pay in.

But don’t blame Michigan’s formerly mandatory unlimited personal injury protection (PIP) requirement that’s been around for decades, because it was done away with in 2019. The previous arrangement required drivers in The Mitten State to purchase unlimited PIP insurance, allotting for those at fault (no-fault insurance schemes be damned) to provide a lifetime of medical benefits to victims. On Tuesday, Gov. Gretchen Whitmer’s administration announced that the Michigan Catastrophic Claims Association (MCCA) fund will also be issuing $400 checks to drivers in the spring of 2022 as part of a $5 billion surplus that’s being handed off to insurers.  Read More >

Our own Mr. Posky waxed at length yesterday about the Stellantis plan to keep their hands in customers’ pockets long after they’ve driven off the lot. Go read his take, if you haven’t already. Meanwhile, the company took care on Software Day to occasionally focus on an upcoming product – the Chrysler Airflow.

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