The former digital chief of Credit Suisse, Marco Abele, intends to introduce an app allowing wealthy individuals to share ownership of experiential assets — things like vineyards, works of art, and even fine automobiles.

Abele calls the digital service a “blockchain-based investment platform,” which is just a bullshit businessman buzzword way to say there will be a transaction ledger. By keeping things transparent, the group’s owners can ensure nobody gets financially burned when someone drives a shared $300,000 Lamborghini Huracan Super Trofeo Evo into a barricade.

At any rate, it sounds like communism for rich people.  Read More >

While not a new or even recently refreshed model, the Dodge Durango is one of those vehicles that keeps its corporate parent happy through perpetually buoyant sales.

January saw the three-row midsize SUV’s sales rise 9 percent, year over year. Despite the current generation bowing near the start of the decade, and with its last refresh now four years in the past, Durango sales in 2017 rose 104 units over 2016. Along with the Challenger, it was a shining star in a lineup that saw its volume plunge 31 percent between this January and last.

For 2018, Dodge understandably wants to spread the sales net as wide as possible. A such, buyers of hotter Durangos must now ask themselves a question: “Can I pull off this look?” Read More >

There are few things sweeter in life than bragging to your friends and family about the good deal you just negotiated on a new car. They certainly won’t care, but the amount of self-satisfaction received from reminding yourself that you are a force to be reckoned with at the dealership is immeasurable.

Of course, the bargain in the driveway can turn into a money pit once you calculate all the costs associated with vehicle ownership. Fuel costs, financing, insurance, and depreciation can all add up — especially if you purchased the wrong model. So what’s a thrift-obsessed shopper to do, calculate the total cost of ownership on every model in every segment over a five-year period to determine which is the best value overall?

Don’t be ridiculous, someone has already done that.  Read More >

Unlike other vehicles in the Fiat Chrysler lineup, and we could list off a number of them, Jeep’s Wrangler line has a near supernatural ability to hold on to its value. Does worrying about depreciation keep you up at night? Forget that compact sedan and shell out a little more for a Wrangler.

For non-buyers, however, the leases offered by Jeep on both the 2018 JK Wrangler Unlimited and next-generation 2018 JL Wrangler Unlimited present both an opportunity and a mystery. Strangely, the cost of leasing an all-new Wrangler amounts to one dollar a month less than the cost of leasing the old Wrangler. What gives? Read More >

Earlier this week a man wielding a sledgehammer walked into the Dallas Police Department’s motorpool and started swinging. The city’s Police Association claims the man wailed on 12 cars at the Central Division station on South Hall Street in Deep Ellum at roughly 5:20 in the morning on February 4th.

The man, 58-year-old Gregory Simpson, apparently entered the police station parking lot through an unsecured gate and started hitting the first police car in sight. By the time he was stopped, he’d caused an estimated $4,900 in damage. Had he not focused primarily on windshields, that figure probably could have come up a bit. But, as breaking glass is one of life’s simple pleasures, his focus was understandable. Why he chose to vent his frustrations on parked squad cars is not, however. Read More >

Forgive the headline writer’s apparent shock. He thought Volkswagen was all about SUVs now, yet before him stands a premium midsize fastback sedan from none other than that German utility vehicle giant. Well, “sedan” isn’t entirely accurate.

In the interest of giving passenger cars that extra little bit of added utility, automakers are suddenly pretending it’s the late ’80s again, grafting liftbacks onto the back of sedans from Audi to Buick to VW. The strange-sounding Arteon is no exception. Arriving for the 2019 model year, VW’s Arteon dons a rear liftback as it accepts the role of the brand’s new flagship, replacing the departed CC.

With SUVs and crossovers taking over the world, it’s always interesting to see a new car model appear. Read More >

Late last year, I selected Jeep’s JL Wrangler as an Ace of Base once pricing for the snazzy new off-road rig was freshly announced.

That was 43 days ago, at which point I theorized that Wrangler shoppers would likely need to be weary of dealer bait-and-switch tactics, as both the new JL and the old JK are 2018 models. Specifically, I said:

Readers can be assured, then, of hearing hyper-caffeinated sales staff blaring in radio ads about ZOMG GREAT DEALZ ON 2018 WRANGLERS – only for frustrated shoppers to discover they are actually talking about the lame-duck Jeep and not the shiny new off-roader.

Well, that didn’t take long.

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It pains me greatly, dear readers, to say what I’m about to say. Those of you who regularly follow my writing know how I lean when it comes to politics. However, given the current state of the auto dealership world, I have no choice. I gotta admit it — I agree with Elizabeth Warren on something.

Good ol’ P…er, Senator Warren and I both agree that there needs to be more oversight of the automotive lending business. Part of my day job is to educate new automotive advertising sales representatives about the car sales industry, and when I get to the part of the day where I tell them about how the Finance and Insurance office works, I always give them the following warning:

“Guys, if you don’t know about how car loans work, you’re about to get very, very angry.”

So I’ll give you the same warning, friends. I’m going to share about the predatory lending practices that go on behind the scenes, and I’ll tell you what I think should be done to stop it.

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When Ford launched the Transit Connect in North America in 2009, it was little more than a budget-friendly hauler for small business owners who needed a small van to help with their blossoming flower-delivery service. By the second generation, it received new engine options and became decidedly more passenger friendly, but remained light on features and refinement. Still, if you put a gun to the heads of a lot of car experts and asked them to pick a do-anything small vehicle, the Transit Connect would probably be on their short list.

Updated for its third generation, Ford is further enhancing the model’s versatility and comfort. However, Ford appears to be marketing the Transit Connect toward a very specific demographic — baby boomers.

While we think the Transit van’s smaller sibling probably has a far broader appeal than just the AARP crowd, things like a hip-high slide-in driver seat (with more comfortable foam), plenty of room for the grandkids, and an ultra-low load height do seem like desirable features for aging shoppers. You’d think Ford would market the Connect a viable alternative to crossovers.  Read More >

We explored the Fiat brand’s troubles earlier this week, then put you in the driver’s seat and asked what you’d like to see done about it. Well, there’s no red telephone linking our comments section with Fiat Chrysler Automobiles HQ, so suffice it to say many of your suggestions probably fell on deaf ears up in Auburn Hills.

However, Fiat does have a plan to stimulate some renewed interest in its flagging 500 city car, but it’s not through a shocking redesign or by positioning the tiny vehicle as a trail-conquering off-roader. Up until now, non-Abarth 500s have, to put it mildly, underwhelmed from a performance standpoint. Double-digit torque figures are a rarity these days, but they’ve just become rarer. Read More >

Our previous entry into Buy/Drive/Burn asked which brougham personal luxury coupe you’d choose from the Big Three for the 1980 model year. Today we’ve got a different Big Three — two Germans and a Swede. (Read ground rules here.)

All of them offered luxury wagons with all-wheel drive around the turn of the century, and we hone in on 2004 today. Which one will you drive up to the Alps and then set on fire?
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It’s leg day at the Toyota Athletic Center. As the Chicago Auto Show kicks off, Toyota has changes in store for its off-road TRD Pro lineup that should help drivers of the brawniest Tacomas, Tundras, and 4Runners keep their sunglasses perched on their nose while blasting through an arroyo.

For the 2019 model year, the same 2.5-inch Fox internal bypass shocks found on the existing Tacoma TRD Pro make their way into the full-size Tundra and midsize 4Runner SUV, along with other suspension improvements. The net effect is a higher ride height and milder manners both on-road and off.

In the case of the Tacoma, going TRD Pro means you’ll never leave home without your snorkel. Read More >

The future is going to be absolutely terrible. Everything is going to be so sterile and automated that humans won’t have anything to do between mealtimes but eagerly anticipate their own death.

At least, that’s the picture being painted by experts. We’re probably further out from autonomous cars, world peace, and robotic butlers than society’s “thinkfluencers” want to admit, but be that as it may, the times are changing and some of this is coming down the pipe.

Automakers are all about the “nextification” of the industry; always promising technological marvels at an accelerated rate. However, Fiat Chrysler Automobiles CEO Sergio Marchionne now claims most visions of the future lack an essential element — any semblance of style. Read More >

The last of four people initially charged in the UAW-Fiat Chrysler corruption scandal pleaded guilty on Tuesday to one of five charges against her. That makes the entire quartet culpable, at least to some degree, to the financial misconduct that occured between the automaker and workers’ union.

However, the case is far from closed. While Monica Morgan, the widow of former UAW vice president General Holiefield, copped to one count of subscribing a false tax return, her plea bargain ignores the other charges against her. The prosecution’s leniency may indicate a hope that she might assist with the ongoing union corruption probe, even though the deal doesn’t require her to cooperate with investigators. Of course, the prosecution already has former FCA labor relations chief Alphons Iacobelli for that task  Read More >

Sticking to an incomprehensible corporate script of teasing the hell out of American truck buyers, Ford today launched the long-awaited Ranger Raptor … but chose to do so halfway around the world from Dearborn.

It’s certainly a handsome brute, at least to this author, who admittedly is a fan of the brash and outrageous (*dons Texas-sized belt buckle before heaving himself into his obnoxiously bright-red brodozer pickup*). If the specs on the machine shown in Thailand make an intact transition to American soil, Blue Oval fans will have a true alternative to the Chevrolet Colorado ZR2.

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