Category: News Blog

By on December 3, 2015

cheapcheaprio

Consumer Reports recently came out with a study that featured the seven least satisfying new cars in today’s market. The worst? By a margin worthy of “Independence Day” going up against “Pluto Nash,” it was the current generation Kia Rio. Only 40 percent of current owners would recommend buying a new one.

The usual demerits for a compact such as the Kia Rio would be that it is tinny, cheap, loud and had interior accompaniments that would be worthy of a Little Tikes Cozy Coupe. In other words, it’s a Korean version of the Mitsubishi Mirage with substantially more power in exchange for far less usable interior space and an ugly beak. That may just be my personal opinion.

But there’s a far guiltier crime of irrefutable measure that the Kia Rio is known for at the auto auctions, and Consumer Reports managed to hit the exact bullseye of that bullseye.

Read More >

By on December 3, 2015

2016 Toyota Tacoma

Toyota’s Senior Vice President for Operations Bob Carter has been quite the chatty cathy Thursday. According to Reuters, the automaker is planning to boost production of its Tundra and Tacoma to help meet demand for trucks next year, in part, because supplies of the trucks are so low today.

Toyota has roughly 20 days supply of its Tundra and only 10 days supply of its new Tacoma, which has sold like hell since it was introduced last month.

“If you were to ask any of our U.S. dealers what they want, I’d say every one of them would say ‘More trucks,'” Carter told Reuters. Or more Tacomas?

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By on December 3, 2015

 

Executives at Toyota say they expect extraordinary car sales to continue for two more years — although they may not be record-breaking years — before the industry finally slows from its current pace, Bloomberg reported (via Detroit News).

Low gas prices and a better economy will lead automakers to nearly 18 million car sales this year, which could surpass the previous record of 17.4 million set in 2000.

Next year may not be as good as this year, according to Bob Carter, senior vice president of operations for Toyota in the U.S., but it could be close. Even at 17.4 million sales for 2016, industry-wide, “you’re still going to see a smile on all of our faces,” he told Bloomberg.

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By on December 3, 2015

 

General Motors on Thursday denied that its own internal testing revealed the Opel Zafira 1.6-liter diesel flouted European emissions and fuel economy standards, Bloomberg reported (via Automotive News).

A German news magazine program, Monitor, said officials at Opel knew its midsize crossover polluted up to 15-percent more carbon dioxide than advertised, and that the automaker knew its fuel claims couldn’t be substantiated. The report also said that separate testing at a Swiss facility showed the Zafira exceeded advertised fuel consumption and emissions by 20 percent.

Or, in other words: Another chapter in the “Everyone Cheated/Just Volkswagen Cheated” saga.

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By on December 3, 2015

 

Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters.

Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo Giulia for six months — as the automaker shores up its $52 billion investment plan.

“We are not choking. We are in relatively decent shape,” Marchionne said.

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By on December 3, 2015

 

Analysts are estimating that more than 400 lawsuits (for now) pending against Volkswagen for fraudulent “clean diesel” claims could cost the automaker billions in court — if they even go that far.

Bloomberg reported (via Automotive News) that as lawyers for owners and Volkswagen wrangle over where to eventually hold a consolidated trial against the automaker, many analysts believe Volkswagen — who has already admitted to committing fraud — may end up paying at least $1.5 billion to customers, before damages or a potential buy back. That figure could rise to $8.9 billion if Volkswagen has to buy back their cars, according to Bloomberg Intelligence analyst Brandon Barnes.

(Presumably, those billions would be spent outside of a single wrench being turned on one of its illegally polluting cars.)

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By on December 3, 2015

Brent Hagan Nissan USA Product Planning

You have questions. Brent Hagan has answers. Here is what you wanted to know about the next-generation Nissan Titan, now in XD flavor.

Hit the jump and keep refreshing until we’re done. We are going to pick off the questions one at a time, updating the post as we go.

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By on December 3, 2015

Volkswagen has recently confessed admitted to a steep decline in sales this past November thanks to a 25-percent decline for the Volkswagen brand and a mind bending, 60-percent cliff dive for the soon-to-be replaced Volkswagen Passat.

Apparently, there are still plenty of 2015 Passats and Jettas available to loyal would-be owners along with a variety of other weird birds, such as the 2015 Volkswagen Beetle R-Line Convertible and whatever dark backlot corner is still molderizing the aptly named Final Edition Volkswagen Eos.

All this corporate bloodletting brings on an interesting distinction for the Passat. You can now buy the very last, brand-new mid-sized sedan in America that is less than $15,000: a 2015 Volkswagen Passat 1.8T S with a 5-speed manual.

Should you?

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By on December 2, 2015

 

Faraday Future, the other, other bespoke electric luxury carmaking startup said they’ll show off their concept for the “future of mobility” next month at the Consumer Electronics Show in Las Vegas.

The automaker’s website sports a clock counting down to 7 p.m. (Pacific) Jan. 4, 2016, for the automaker’s unveiling. The company has made several high-profile hires, including head of engineering Nick Sampson who helped Tesla design chassis for their cars, according to The Verge.

In an interview with the website, Sampson said the company expects to roughly double from 400 employees now and challenge other automakers soon. The company announced last month that its looking to invest $1 billion in a factory in California, Georgia, Louisiana or Nevada.

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By on December 2, 2015

 

In news that will shock precisely no one, the current car blitz is partially fueled by longer loan rates, higher monthly payments and an increasing prevalence to finance our new cars from the automaker themselves — when we’re not renting it from them in the first place.

Experian released Wednesday its data on third-quarter sales and financing and found, on average, that borrowers’ credit scores were at the lowest level since before 2008. According to the credit agency, car buyers had an average credit score of 710 when they financed their car — which happens in 86.6 percent of car transactions, an all-time high.

Buyers opted for longer loans too. According to the data, new car loans longer than six years increased to 27.5 percent for the third quarter, up 17.1 percent from the same period last year. Loans between five and six years accounted for 44 percent of new vehicle financing. Read More >

By on December 2, 2015

 

Auto executives from nearly every major U.S. automaker met in Washington D.C. on Tuesday to discuss safety, recalls and technology with Secretary of Transportation Anthony Foxx, Automotive News reported.

Senior executives from 15 automakers, including General Motors’ CEO Mary Barra, Fiat Chrysler Automobiles CEO Sergio Marchionne, Volkswagen of America CEO Michael Horn and Nissan North America boss Jose Munoz, met to address Foxx’s concerns that “the public has lost faith in the auto industry’s commitment to safety,” according to a letter obtained by Automotive News.

The recent snowballing recall crises at GM, FCA and other automakers concerning Takata’s airbag inflators prompted the meeting, according to reports. A spokesman for the Transportation Department said the meeting was “very productive.”

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By on December 2, 2015

2016 Nissan Titan XD in Arizona

I’m currently putting the Nissan Titan XD through its paces in Arizona. This new truck from Nissan is infinitely interesting to me for a multitude of reasons: mostly its 5-liter ‘Triple Nickel” Cummins V-8 and its no-man’s-land placement in the truck marketplace. However, what might be important to me might not be important to you, and vice versa, so we are going to do a Q&A before our review.

Tomorrow morning we will have Nissan Titan product planning manager Brent Hagan here on TTAC to answer any questions you send our way.

Hit the comments below and submit your questions. We are going to try to do a live-blog-style solution tomorrow, but we might not have time to implement it. If we don’t get it sorted in time, we will use the questions you submit on this post to answer as many as we can starting at 9:30 a.m. ET tomorrow.

Note: We definitely won’t have live blogging. If you have questions, make sure to post them here before tomorrow morning. 

By on December 2, 2015

Renault Fluence Z.E. and Nissan Leaf Circa 2013

Nissan has announced a proposal which would end Renault’s control of the Renault-Nissan Alliance, and would curtail interferance by the French government.

When we last left off, Nissan was looking to gain a voice in the alliance it made in 1999 with Renault by increasing its stake while mitigating the stake shared between Renault and Paris. The Japanese automaker has held a 15 percent non-voting stake since alliance CEO Carlos Ghosn turned around its fortunes in the early 2000s, as French law prevents affiliates owning less than 40 percent of a French-led company from voting at the shareholders’ table.

Nissan has other ideas. Read More >

By on December 2, 2015

 

Probably not. 

According to a study by the National League of Cities, only 6 percent of future city plans consider the potential impact autonomous vehicles will have in the next few years, including driverless car lanes and scaling back parking as ride-share services become more popular.

The study collected transportation plans of the 50 biggest U.S. cities, as well as the most-populous cities in every state. In all, 69 city plans were amassed and studied for future traffic and road plans.

Despite automakers rushing to put autonomous cars on the road by 2020, the study suggests that many cities won’t be able to adequately accommodate those cars, nor will they adapt fast enough to changing transportation modes that may challenge conventional public transportation and infrastructure wisdom.

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By on December 2, 2015

 

Volkswagen will have to recall hundreds of thousands of cars in India for cheating emissions standards, adding to Volkswagen’s worldwide woes that the automaker illegally sold with “defeat devices” designed to cheat emissions tests, Reuters reported.

More than 323,000 Audi-, Volkswagen- and Skoda-branded cars with the automaker’s EA 189 diesel engine will need to be fixed after authorities discovered in November that those cars were illegally polluting. The revelations follow similar charges made by U.S. authorities two months ago that Volkswagen and Audi cars were polluting up to 25 times more nitrogen oxide than allowed by law.

Volkswagen officials in India said cars would be recalled immediately.

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