Category: News Blog

By on March 15, 2016

money

The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker.

As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is reporting.

The lawsuit was filed Monday in a Lower Saxony court — the same jurisdiction as Volkswagen’s headquarters — and alleges the automaker breached its duty under capital markets law between the time the “defeat device” was first installed in diesel models and when the scandal went public last September. Read More >

By on March 15, 2016

2016 Toyota Prius

Toyota is hoping to break the internet with an alluring butt shot of an upcoming Prius variant.

That, a new guy will turn around Lada (again), Buick says you’ll never drive an Avista, the second GM ignition trial begins, and Google’s got its eye out for buses … after the break!

Read More >

By on March 15, 2016

2016-Chevrolet-Equinox-

Old car? Can’t get a driving job? Not a problem.

If you’re looking to drive for the ride-sharing service Lyft in Chicago, General Motors wants to get you into a new Chevrolet Equinox.

Under its Express Drive program, Lyft drivers whose own cars don’t meet the company’s standards can finance an Equinox at a declining rate — starting at a maximum of $99/week — with insurance and maintenance included. Read More >

By on March 15, 2016

 

2013 BMW X1. Image: BMW

Anonymous writes:

Hi Sajeev,

As a long-time reader of Piston Slap and TTAC, I never thought I’d be writing for advice. You see, I usually buy new or manufacturer-certified cars with warranties and loaners and all the benefits that the extra money affords. Surely, any problems would be handled lovingly and without hassle by the dealer and maker. Mostly that’s been the case, but not this time …

Read More >

By on March 14, 2016

2016 Dodges in Go Mango

The paint — erm, act could be wearing thin.

In its latest nod to the heady and far-out past, Dodge will let you have your Challenger or Charger SRT 392 or Hellcat in its newest resurrected color, “Go Mango.”

Joining other blast-from-the-past(els) like “Plum Crazy,” Go Mango was offered for the first time on the 1970 Challenger — a legendary car from a truly great year, assuming you weren’t in Vietnam or a Jimi Hendrix fan. Read More >

By on March 14, 2016

Volvo XC90 eAxle (Image: GKN)

Front-wheel drive, four-cylinder cars have defined the automotive C-segment for decades, but maybe these automakers aren’t dreaming big enough.

That’s the message being sent by global technology supplier GKN Automotive, which really, really wants automakers to buy a lower-cost version of its eAxle for use in affordable compacts. GKN says the unit would allow the segment to more easily offer electric all-wheel drive and plug-in capability.

Developed by the GKN Driveline division, a high-end version of the eAxle exists in the BMW i8, Porsche 918 and Volvo XC90 T8 plug-in.

Read More >

By on March 14, 2016

Charles de Gaulle in a Citroen DS (Image: Gnotype/Flickr)

With the Saab brand now functionally dead, could the next quirky car du jour for individuality-signalling Americans come from France?

All eyes will be on PSA Peugeot Citroen on April 5 as France’s top automaker reveals its new international growth strategy, possibly heralding a return to the long-abandoned U.S. market.

The U.S. and Iran are being looked at as potential export markets, now that PSA’s “Back in the Race” restructuring program has improved the financial fortunes of the once-struggling automaker. Read More >

By on March 14, 2016

Ford Sierra

Because a perfect circle is one with teeth sending power to the rear wheels. 3.14:1!!!

Read More >

By on March 14, 2016

Scion iA, Image: Toyota

The best-selling Toyota subcompact in America is a Mexican-built Mazda that’s sold as a Scion and will soon be sold as a Toyota. It’s a car that’s already called the Yaris R in Mexico and the Yaris Sedan in Canada.

Meanwhile, Toyota’s once hot-selling subcompact, the Toyota-branded Yaris, is a hatchback imported from France that scarcely attracts any attention at all.

In between, Toyota’s actual Japanese-built Prius C is increasingly unpopular. Read More >

By on March 14, 2016

Google Toyota Prius Autonomous Vehicle

The brain trust of yet another artificial intelligence technology startup has been snapped up as automakers prepare for our terrifying, dystopian future.

That, Sergio Marchionne has a sure-fire recipe, jury selection begins in ignition trial, Tesla doesn’t need no stinkin’ successful low-priced car, and GM goes big on commercial sales … after the break!

Read More >

By on March 14, 2016

Elio Motors 2016 NAIAS, Image: © 2016 Ronnie Schreiber/The Truth About Cars

In a move that has already generated criticism from disappointed deposit holders, Elio Motors announced that production of its enclosed tandem three-wheelers will be delayed, yet again, to an undisclosed date sometime in 2017.

In a statement issued on Friday, Elio Motors said, “the bulk of the consumer launch will have to be moved into 2017 at a date to be determined, as the company continues to seek additional funding.”

Ironically, that delay was made public as the company appeared to make progress towards getting at least some vehicles built in Shreveport later this year. Founded in 2009, Elio had previously announced production dates of 2014 and more recently the end of 2016. Read More >

By on March 14, 2016

Chinkara Roadster S

The Indian auto industry is … unusual. Most personal transport is via motorcycle or scooter, but there is a history of car production spanning seven decades. As the country was one of Britain’s largest colonies, it’s not surprising that most of these cars are derived from English ancestors.

Enter the Chinkara Roadster S: an Indian interpretation of the iconic Lotus Seven, built with rough roads and ease of servicing in mind.

Read More >

By on March 13, 2016

Data, Image: rh2ox/Flickr

A former employee, who was fired after news of Volkswagen’s diesel emissions scandal broke, is claiming in a lawsuit that he was let go from the automaker after noticing data related to the scandal was being deleted, several German language outlets are reporting (via Automotive News).

The lawsuit, filed by a former employee of Volkswagen Group of America, is the first possible evidence made public so far of a good, old fashioned cover up on this side of the Atlantic.

Read More >

By on March 12, 2016

2016 NAIAS Ford Stand

Ford Motor Company has decided it wants to do more than just sell cars and trucks.

On March 11, the automaker announced the creation of a new business subsidiary in the hopes of becoming a leader in the field of mobility services.

Ford Smart Mobility LLC will be headed by former Steelcase CEO Jim Hackett, who will leave Ford’s board of directors in order to take on the new position.

Ford joins a growing list of automotive rivals looking to diversify their operations by investing in the emerging field, the most prominent aspect of which is ride-sharing and ride-hailing services.

Read More >

By on March 12, 2016

 Volkswagen Golf family

Volkswagen has been on the ropes for months as regulators, governments and the buying public rain blows in the wake of the diesel emissions scandal, but its newest foe might come from the inside — its U.S. dealer network.

American dealers are feeling abandoned by their distracted German parent and could be on the verge of open revolt, Automotive News reports.

Read More >

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