Category: News Blog

By on July 19, 2016

2016 Jeep Grand Cherokee Overland

“Your word is your bond,” Melania Trump famously said. Or was it Michelle Obama?

We are pretty sure the current and potentially future First Ladies were not speaking about the words found in Fiat Chrysler Automobiles’ monthly U.S. sales reports. Yet questions have arisen — once again — regarding FCA’s sales practices and reporting methodologies. This time, rather than lawsuits from a Maserati dealer that operates stores in New York, New Jersey, and Florida, or an Illinois dealer of core FCA brands, the questions are being asked by the Securities and Exchange Commission and the Federal Bureau of Investigation.

In March, Napleton Automotive’s lawsuit (filed by the same lawyer hired by Recovery Racing to sue FCA-owned Maserati last year) accused FCA of “‘strong arm’ tactics to get dealers to falsify sales reports that benefit the auto maker by creating ‘the appearance that [Fiat Chrysler’s] performance is better than, in reality, it actually is,’” according to The Wall Street Journal.

On July 11, reports Automotive News, “Investigators from the FBI and the SEC visited FCA field staff in their homes and offices on July 11 as part of the probe.” In FCA’s own statement, the automaker said yesterday that, “In its annual and quarterly financial statements, FCA records revenues based on shipments to dealers and customers and not on reported vehicle unit sales to end customers,” and confirmed cooperation with both the SEC and the Justice Department.

But what are the actual claims? As automakers report model-specific U.S. auto sales figures at the beginning of every month, FCA typically delves into great detail regarding the prior month’s performance and the year-to-date results. Read More >

By on July 19, 2016

FCA - Auburn Hills

Fiat Chrysler Automobiles is in hot water with federal authorities over the way it reports its sales.

Late yesterday, it was revealed that the U.S. Department of Justice and the Securities and Exchange Commission both launched investigations into the automaker, following months of accusations of inflated sales figures. Read More >

By on July 18, 2016

2015 GMC Sierra 1500 SLT 4x4 6.2 (6 of 25)

We’ve all seen the ads. Glistening GMCs plying the streets of Manhattan as Eminence Front swells in the background, broadcasting loud and clear to urban car buyers that we’re here, we’re trucks or truck-like vehicles, get used to it.

Boosted exposure is a big part of GMC’s plan to grow sales and brand recognition, but the next phase of the automaker’s revamp could see it take on Jeep. Read More >

By on July 18, 2016

Vauxhall-Astra-297766

Britain’s recent vote to leave the European Union could cause General Motors to up and leave the country, industry analysts predict.

Production of Vauxhall and Opel vehicles could shift across the Channel if the EU places import tariffs on vehicles bound from Britain, LMC Automotive said in a report, ending GM’s decades-long presence. Read More >

By on July 18, 2016

BYD

There’s money in them there cars, Samsung Electronics Company must have thought.

The Korean technology giant is in talks to buy a stake in Chinese automaker BYD, Reuters reports, and it isn’t the first time the company sought new cash streams from automotive world. Read More >

By on July 18, 2016

2017 Ford F-450 Super Duty Platinum Crew Cab 4x4

Last week, Ford announced that the F-150’s new 3.5-liter Ecoboost V6 puts out more torque than V8-powered segment rivals. While that was exciting news for full-size truck buyers, Ford wasn’t done. Someone in Dearborn wants all of the torques. This morning, Ford escalated the twist wars by releasing engine and towing specifications for its updated Super Duty trucks.

Snatching the torque crown from Fiat Chrysler Automobiles, the 2017 F-Series Super Duty will be available with an updated 6.7-liter V8 turbo diesel that makes a class-leading 925 pounds-feet of torque. That beats the Ram 2500’s 900 lb-ft, when equipped with the venerable Cummins 6.7-liter inline six turbo diesel. Read More >

By on July 18, 2016

BMW 2-Series Coupe red

Forget last year’s record sales achievements in BMW USA’s showrooms. Through the first six months of 2016, sales at the BMW Group’s BMW brand are down 9 percent in the United States, a first-half pace which suggests BMW sales will fall to a three-year low even as the overall new vehicle market continues to grow.

Not only is BMW’s car division off last year’s pace by more than 20,000 sales, or 18 percent, the brand’s three most costly utility vehicles — X4, X5, X6 — are down 22 percent. Yes, the overall car market is fading, but BMW’s 22-percent car decline is far worse than the U.S. auto industry’s 8-percent drop in car sales. And the 24-percent decrease in, for instance, sales of the BMW X5 stands in stark contrast to the 8-percent increase in the overall SUV/crossover market.

There are nevertheless bright lights in the BMW lineup.

Among passenger cars, the one car that most clearly exemplifies BMW’s old Ultimate Driving Machine credo, the 2 Series, is the BMW car that’s growing fastest. By far.

Among crossovers, the BMW which most flies in the face of everything the BMW cognoscenti value about BMW, the X1, is the BMW SAV division’s fastest-growing vehicle. By far. Read More >

By on July 18, 2016

Defender90

Jaguar Land Rover isn’t about to have some upstart company build a new version of its iconic Defender.

The automaker shot back at rumors of a third-party resurrection of the boxy, beloved SUV, Autocar reports, stating that the previous-generation model will remain dead and buried as the company crafts a new model. Read More >

By on July 18, 2016

saleen mustang

Two U.S. Ford dealerships are beyond frustrated with Saleen Automotive after the performance sportscar manufacturer failed to deliver its signature modified Mustangs on time.

According to Automotive News, Red McCombs Ford of San Antonio filed a lawsuit alleging breach of contract and fraud after the three Saleen Mustangs it ordered arrived six months late missing $22,000 in modifications. Friendship Ford of Bristol, Tennessee hasn’t received a Saleen Mustang it ordered over a year ago. Read More >

By on July 17, 2016

Bridge Collapse

The United States is in a pretty bad spot. Even as the economy recovers from the depressing lows of 2008 and 2009, road, trail, and air travel infrastructure in the United States is failing at an alarming rate. Many underfunded municipalities are even ripping up paved roads and replacing them with gravel as a way to ease budgetary shortfalls.

But is there anything the United States can do to catch up with degrading roads, failing levies, and overflowing airports? Before you pump that cheap dino juice into your Maibatsu Monstrosity today, give this report from Business Insider a watch.

Read More >

By on July 16, 2016

fusion-hybrid-window-sticker

Business is about to get much more expensive for automakers with thirsty fleets.

The penalties leveled by the National Highway Traffic Safety Administration against automakers who miss their annual corporate average fuel economy (CAFE) standards are about to go up in August. Way up. Read More >

By on July 16, 2016

2018 hyundai accent

It looks like the awkward years are over for the subcompact Hyundai Accent.

Our first glimpse of the next-generation Accent comes courtesy of leaked photos from China, where the model goes by the name Verna. In them, the Accent appears all grown up, adopting a large grille and styling reminiscent of its bigger brother, the Elantra. Read More >

By on July 15, 2016

Ford Festiva

It’s like Woodstock, but for fans of 1990s econoboxes that make double-digit horsepower.

This weekend, the eighth annual “Westiva” gathering will take place in the rugged foothills of Kananaskis Country, Alberta, drawing proud Ford Festiva enthusiasts from far and wide. Heads up, Montana — if you’re a resident with a passion for slow acceleration and spartan interiors, there’s a group of friends waiting north of the border. Read More >

By on July 15, 2016

Jeep Wrangler 75th anniversary concept

Jeep turns 75 years old today, and its birthday promises to be a lot more upbeat than, say, Plymouth’s.

The storied brand, which started life producing a hastily built battlefield runabout, is now a sales juggernaut for Fiat Chrysler Automobiles, which could be its reward for suffering through so many ownership changes over the years. To mark the special occasion, FCA built a one-off Wrangler that takes the brand back to its roots.

You can’t buy it, but you can remove the doors and fold down the windshield on your own Wrangler, head to a nearby field, paint some signs in German and pretend it’s two weeks ’till V-E Day. Read More >

By on July 15, 2016

Cadillac Lemon

An owner of a 2010 Cadillac CTS Sport Wagon that won a lemon law case against General Motors is now on the receiving end of GM’s legal department.

According to WSB-TV in Georgia, the vehicle’s owner, Patrick Morse, won his lemon-law case in 2014. General Motors, instead of abiding by the arbiter’s ruling, is leveraging a little-known law to appeal the ruling in the courts. The appeal process has left Morse with a troublesome car for the last two years — and there’s a possibility it could continue for years to come.

Read More >

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