Category: News Blog

By on July 8, 2016

Flint Silverado assembly plant

“Has GM lost market share? Yes.”
Alan Batey, President, GM North America,
Wall Street Journal, July 6, 2016

From 17.7 percent in the first-half of 2015, General Motors’ U.S. market share tumbled by more than a point to 16.6 percent in the first-half of 2016.

But, GM’s North American president points out in a Wall Street Journal opinion piece, profitability is on the rise.

TrueCar estimates that, as a percentage of the average transaction price, GM’s incentive spend in June 2016 fell by half-a-percentage point to 10.9 percent, year-over-year. As for the average transaction price, TrueCar says GM’s rose 6.5 percent in June 2016 to $36,489. That is 9.4-percent higher than Fiat Chrysler Automobile’s June 2016 ATP, which also required greater incentives to achieve according to TrueCar. Meanwhile, Batey wrote in The Journal that GM has “reduced low-margin sales to daily rental companies in the U.S. by 88,500 units.”

This explains the marriage of two conflicting subjects: GM’s decreased volume in a growing market and GM’s corresponding increase in profitability. Read More >

By on July 7, 2016

Car exhaust (Image: JT/Flickr)

Halfway through its mandate to have 15.4 percent of the state’s vehicles generate zero emissions by 2025, the California Air Resources Board (CARB) is now considering changing its requirements.

The problem is too many credits handed out to green car manufacturers, who then sell them to dirtier automakers to bolster their standing with CARB, Bloomberg reports. Read More >

By on July 7, 2016

AAA Fuel Test

AAA hired an independent lab to complete 4,000 miles of simulated driving to compare Top Tier gasoline with the cheaper blends. Their findings show that the additive packages in Top Tier gas resulted in fewer carbon deposits than those found in the non-Top Tier gasoline test.

The study also found that there were some secondary benefits to the better additive packages, including slightly better fuel economy and better drivability. The benefits are apparent, but do consumers really care? Read More >

By on July 7, 2016

2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV), Plug-In Outlet

Sales figures point to a record-breaking month for electrified vehicles in June, but the final tally doesn’t tell the whole story.

After a dismal May that saw sales fall below the previous year’s numbers, sales of plug-in vehicles (battery electric vehicles and plug-in hybrids) surged in June, hitting a combined total of 13,722 units in the U.S., according to Hybrid Cars. Read More >

By on July 7, 2016

Tesla Supercharger With Model S At Tesla Dealership

Tesla’s bad news week has now spilled over into a second, after the National Highway Traffic Safety Administration announced a second investigation into a Tesla crash involving the semi-autonomous Autopilot system.

According to Reuters, the agency wants to know if the Autopilot on the Model X involved in a July 1 rollover was activated at the time of the incident, and if it played any role in the crash. The driver of the Model X, a Detroit-area man who wasn’t seriously injured, claims he was using Autopilot when the vehicle left its lane and hit a guardrail on the Pennsylvania Turnpike.

While the NHTSA looks into this crash and the fatal May 7 collision that took the life of a Tesla owner in Florida, the automaker is engaged in a nasty war of words with Fortune magazine over two articles it claims are misleading and false. Read More >

By on July 7, 2016

GM-NASA Space Robot ‘Power’ Glove Finds New Life on Earth

Not too long ago, engineers from General Motors and NASA stood around a glove, thinking, we can rebuilt this — better, stronger, more dexterous than before.

Well, they did, and now RoboGlove — a term that conjures up images of a vaguely 1980s dystopian future — will soon get its manufacturing debut at the end of select GM workers’ arms. Read More >

By on July 7, 2016

police stop roadside

Thousands of innocent Americans are going to jail due to faulty science and prosecutors who take the results of cheap (and error-prone) roadside drug testing equipment as gospel.

That’s the finding of a damning report published in the New York Times with the help of non-profit investigative journalism body ProPublica.

The Nixon-era chemical-testing technology used by police officers to analyze suspicious substances found in vehicles was never supposed to be the last word on a suspect’s guilt or innocence, but that’s what’s happening across the U.S. Backed into a corner, citizens faced with a “positive” test often accept a plea deal for a reduced sentence to get the nightmare over with faster. Read More >

By on July 7, 2016

Whitestown, Indiana Police, Image: By Huw Williams (Huwmanbeing) (Own work) [Public domain], via Wikimedia Commons

The state of Indiana is cracking down on motorists driving too slowly in the left lane.

In the first year of the State’s highway slowpokes law, state police issued 109 tickets and at least 1,535 warnings to drivers that didn’t move from the left lane when they should reasonably know another vehicle is trying to overtake them. The law went into effect last July.

Read More >

By on July 7, 2016

TTAC car sales chart

Barely four out of every ten new vehicles sold in the United States in the first-half of 2016 were traditional passenger cars. Toyota Camrys, Honda Civics, Ford Mustangs, Mercedes-Benz C-Classes, and dozens of alternatives remain numerous — more than 3.5 million were sold in 2016’s first six months.

But together, these cars make up a smaller chunk of the market now than they did a year ago, and a far smaller slice of the market than just five years ago. Cars were at parity with light trucks (pickups, SUVs, crossovers, vans) in 2011 and earned 52 percent of the market the year prior. Read More >

By on July 6, 2016

lawsuit

There’s a good chance that the former managing director of Audi Volkswagen Korea will soon find himself pleading for a sip of Coke during the 11th hour of a grueling interrogation process.

Park Dong-hoon, now CEO of Renault Samsung Motors, was recently identified as a suspect in South Korea’s investigation into the Volkswagen emissions-cheating scandal, according to Wards Auto. That means a date with the “VIP Suite.” Read More >

By on July 6, 2016

2016_nissan_leaf_07

The Leaf is nowhere to be seen — unless you’re staring at a Nissan dealer lot — and American buyers are barely budging their electric vehicle take up rate. Nissan, it seems, needs another incentive to sweeten its EV pot.

The solution? More free electricity. It’s not a new idea (actually, it’s an expanded version of two-year-old promotion), but the automaker probably figured, why the hell not? Read More >

By on July 6, 2016

Volvo-self-driving-car

If you’re going to let people take their hands off the wheel and let the vehicle do the driving, you’d better offer every tool available to make sure it’s safe.

That’s the view of Stefan Sommer, CEO of German auto parts supplier ZF Friedrichshafen, who advocated for the use of LIDAR (light detection and ranging) in autonomous or semi-autonomous vehicles in the wake of the fatal Tesla crash. Read More >

By on July 6, 2016

press01-model-x-driving

A rollover crash on the Pennsylvania Turnpike doesn’t generate many headlines, unless it’s a Tesla Model X operating in Autopilot mode.

After last week’s revelation of a fatal May crash involving Autopilot, another incident involving the semi-autonomous technology is the last thing the automaker needs, but that’s what happened on July 1, according to the Detroit Free Press.

A Model X owned by Southfield, Michigan art dealer Albert Scaglione crashed outside of Bedford, Pennsylvania, about halfway between Pittsburgh and Harrisburg. The vehicle, which the owner said was in Autopilot mode, left its lane, hit the guardrail, rebounded across both lanes and overturned after striking the concrete median.

Neither the owner or his son-in-law were seriously hurt in the crash. Read More >

By on July 6, 2016

Suckers at the Stock Photo Dealership with a Credit Card

A record 31 percent of all new vehicles sold this year in the U.S. are leased. I spent a good part of my career studying why some people refuse to lease. Much of their resistance stems from bad buzz. Some say it’s because of the stories they heard about ’80s-era open-end leases where owners were responsible for paying the car’s residual value at lease end. (These are the same customers who will not buy a Hyundai today because they produced crappy cars in the ’80s.) Others oppose leasing because they heard about a guy whose cousin’s neighbor had to pay $5,000 in wear and tear or excess mileage charges at lease end. And there are those of you who will brag comment below about how you always pay cash for your cars and don’t understand why other people won’t follow your lead.

This article is not designed to convert such non-believers to leasing. This advice, drawn from my years in the auto finance business, is for buyers who know the basics and benefits of leasing, want some timely tips on how to get the lowest possible payments, and want to pay less money on lease-end charges.

Read More >

By on July 6, 2016

2012 Ford E-350 Van, Exterior, grille, Picture Courtesy of Alex L Dykes

It was heady days at Ford’s Windsor Engine Plant in the late 1990s and early 2000s. The facility cranked out Triton V8 engines and the mighty 6.8-liter V10 for an insatiable truck and SUV market (remember the Excursion?), but its future is now in jeopardy.

Aggressive fuel economy targets and the move towards EcoBoost power and fewer cylinders in Ford engine bays have workers and their labor leaders wondering how long they can continue building the factory’s chief powerplant — the Triton V10. Read More >

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