A Financial Times report on the “de-industrialization” of France (sub. required), and the erosion of the country’s manufacturing base took a trip to a Peugeot factory, where the new 208 is leaving the lines and gearing up for a big launch. Peugeot has been suffering financially in recent years, amid a backdrop of a declining manufacturing industry, some employees are blaming the heavy burdens of France’s welfare state.
The scuttlebutt on Mazda is that Japan’s favorite independent automaker is in the toilet, having to shed jobs in America and assets in Japan just to stay afloat. While Mazda may be strapped for cash, their less-than-liquid holdings, like a baseball team and $5 billion worth of land, don’t look so bad.
Even as the EU sanctions continue to add up, Iran’s national car maker is going in the opposite direction. Iran Khodro is set to launch a new engine family that will comply with the latest Euro-IV emissions regulations for use in their Peugeot-based models.
The Land Rover Defender may be in for a substantial “reboot”, from utilitarian niche vehicle into the brand’s volume seller, when an all-new version goes on sale in 2015.
An Automotive News report – about the oft-rumored return of the Volkswagen Scirocco – dug up an interesting nugget of information. Diesel sales accounted for 23 percent of Volkswagen sales in the first quarter of 2012, and future product plans are going to help give oil-burners a boost.
A study by Polk found that the majority of hybrid car buyers don’t end up purchasing another one – when Toyota Prius buyers are excluded, the number of repeat hybrid customers is as low as 22 percent.
GM is planning on resuming Chevrolet Volt production a week early, shortening the planned five week shutdown to four weeks. The shutdown began March 19th, but GM began notifying workers on Wednesday.
(We’re big fans of Timothy Cain here at TTAC, and now the independent sales analyst par excellence is on board with us. Welcome!)
It’s one thing to point out that Fiat 500 sales jumped 642% in March in an attempt to display knowledge. It’s another thing to recognize, with great wisdom and awareness, that such a year-over-year comparison is all but invalid given the fact that Fiat only began selling the 500 in March of last year.
The Hyundai Veracruz is no more. Hyundai’s oft-ignored big crossover will depart from the marketplace later this year, with the addition of a three-row 2013 Santa Fe. A three-row version of the previous Santa Fe was offered for a short time, but the third row compromised cargo space and offered minimal space for its occupants. The previous Santa Fe had a long life, perhaps too long. The new car should rectify the fact that the current model lagged far behind the level of overall quality and engineering that exists in current Hyundais.
The closest I’ve ever come to dying in a car was at the wheel of a Toyota Avalon, and I credit the nice, long wheelbase, stable handling and strong V6 engine for helping me avoid a major catastrophe. The new 2013 model, with its swoopy styling, looks like something that just might get you into trouble rather than keeping you out of it.
Today seems to be “Pricing Thursday”, the anticipated forerunner to Good Friday, and the one we’ve been waiting for has finally risen revealed pricing details. The Subaru BRZ, at $25,495, is only $1,295 more than the Scion FR-S and $100 less than the Subaru Impreza WRX.
The 2013 Chevrolet Spark won’t unseat the Nissan Versa as America’s cheapest car when it launches in late 2012. Starting at $12,995, the basic LS model comes with a fairly decent suite of equipment, including 10 airbags, air conditioning, auxiliary jack (hooray!) power windows, Onstar and 15 inch alloy wheels.
The 2013 Cadillac XTS will start at $44,995 when it goes on sale later this spring. While three trim levels have been confirmed for the car, only the base price has been revealed. No word on how much the tech-laden Platinum edition will retail for. Cadillac’s CUE infotainment system will be standard, but all-wheel drive will be an option across the board.
Subaru debuted their new compact crossover and their refreshed Legacy and Outback. As you’re probably already aware, the changes to Subaru’s mid size mainstays are more than superficial. However, they’re not very dramatic.
Nissan’s upscale Infiniti cars can only be bought outside of Japan, but most of the cars are made in Japan. That will change, said Nissan CEO Carlos Ghosn in New York. Read More >
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