Nissan’s future will not see it become everything to everyone, and certainly not in all markets. The 2010s, and the market share-chasing, globe-straddling expansionism that characterized that decade’s car-buying orgy, are violently over.
Also soon to be over, apparently, is the Nissan Maxima’s gasoline-powered powertrain. Read More >
Tesla CEO Elon Musk was on top of his game during an interview with Automotive News last week. By that, we mean his ego and various personality quirks came through like a shaft of sunlight parting a fog bank.
Musk announced during the talk that his company performed no customer research before designing and revealing the polarizing and still-not-clearly-legal Cybertruck to would-be buyers, laughing at the idea. If folks don’t like it, he said, there’s a plan. Read More >
The question of how fledgling EV maker Lordstown Motors plans to fund production of the Endurance pickup has been answered. On Monday, the owner of GM’s former Lordstown Assembly plant announced a merger with a blank-check company, with a cash-raising NASDAQ listing as its goal.
Lordstown Motors plans to finalize the merger with DiamondPeak Holdings Corp., which is already listed on the NASDAQ, by the fourth quarter of this year — after which the combined entity will carry the symbol “RIDE.” Read More >
I’ve documented 60 discarded Volvos since I started my junkyard history project, but 58 of those Swedes were born in the 20th century, and 44 of those rolled off the assembly line before 1990. Just as I’ve done with BMWs in recent years, I’m going to try to document some of Göteborg’s (and maybe Hangzhou’s) newer products in my favorite kind of car museum.
Here’s a Ghent-built S60 with a super-rare three-pedal setup, found in a Denver self-service yard. Read More >
Quite suddenly, large electric pickups have become the hottest thing you can’t yet buy. But they’re out there, looming, just waiting to see whether demand for this embyonic segment materializes.
Ford, General Motors, Rivian, Tesla, and Lordstown Motors all have a stake in the game, with the next two years promising to reveal exactly how much pent-up thirst exists for these battery-bound behemoths. Watching from the sidelines is Fiat Chrysler, an automaker whose historical aversion to EVs is a matter of record.
Not surprisingly, FCA plans to take a wait-and-see approach. Read More >
With regulatory bodies the world over forcing the automotive sector to prioritize efficiency over mightiness, industry rhetoric has gradually shifted away from the powertrain. While every brand still wants to squeeze out all available power from ubiquitous four-cylinder motors, providing excess is only a priority in a handful of cases catering directly to enthusiasts.
The idea of a big, brutish luxury car with a monstrous engine still exists, but it’s being supplanted by technology-driven features catering to tech-focused minds and the green movement. Modern luxury is based in connectivity, applications, and distancing one from the experience of driving altogether — or at least that’s what the automotive industry now seems to believe.
And they may have a point. While we’re well aware those advocating “mobility” desperately want it so that they can tap into your data (to enhance revenue using the same grimy business tactics favored by big tech firms), carmakers also need something shiny to dangle in front of consumers so we’ll buy the latest and greatest product. The tech sector is also booming right now, and the industry’s dying to get investors back on its side after seeing the Wall Street performance of EV companies — especially Tesla Motors.
Even the traditionalists at Toyota are buying into it, announcing an important push into software development as they attempt to craft the next industry-standard operating system for cars. It’s also the song Volkswagen Group has sung ever since Dieselgate. Meanwhile, Audi recently explained its own commitment to software after its parent company (VW) tasked it with ensuring the botched launches of the ID.3 and Mk8 Golf don’t become commonplace.
This isn’t the first time we’ve learned of an “all hands on deck” situation taking place at a U.S. assembly plant. Recall this report from earlier this month, in which sources claimed managers and other white-collar employees hit the floor at General Motors truck plants in a bid to cover absent workers.
It was inevitable, given the reality facing companies hoping to maintain full production amid a viral pandemic. The latest report comes out of Marysville, Ohio — home to an enormous Honda assembly operation. Seems even accountants had to don hardhats. Read More >
The automotive industry has borrowed an estimated $132 billion since the world started taking the coronavirus more seriously, according to a recent analysis by Bloomberg.
Despite migrating around the planet months before anyone thought to close down a single airport or suggest masks were necessary, March is broadly viewed as the start of the pandemic in the Western World, as that’s when most governments started taking direct action and businesses started looking for handouts. Still, it’s exceptionally difficult to follow the money if you didn’t devote yourself entirely to the task of tracking payments while under shelter-in-place orders.
We do know that a lot of money was being thrown around, however. Car dealerships were among the largest recipients of Paycheck Protection Program (PPP) funds in the United States, garnering anywhere from $7.5 billion to $12 billion in government aid to maintain staff. Plenty of criticism over exactly where that money went arose as the press questioned which businesses were more deserving and who was just taking advantage of the system.
But it’s only the tip of the iceberg. PPP funds don’t need to repaid unless they weren’t earmarked entirely for payroll purposes; the government also used the program to send over $600 billion to support banks in extending low-interest loans to companies during the pandemic. The automotive industry was one of the largest beneficiaries of that arrangement.
Rare Rides has featured many an Alfa Romeo in past editions, but none as new as today’s 8C. With its very striking design, a limited manufacturing run, and a very high price when new, the low-slung coupe was instantly rare. A daring coupe from a small Italian manufacturer.
Let’s go.
Jeep sent me a desert-running rig, and I took it to the grocery store.
Let’s back up a bit. Jeep introduced the Gladiator Mojave at the 2020 Chicago Auto Show, with the intent of this trim being meant for blasts across the desert, while still being as capable as any Gladiator, if not more so, on a rocky trail.
I was all set to join others in the automotive media on a junket to drive the Mojave, almost certainly in the actual desert, in Southern California this spring. Then the world shut down.
The thought of a parent spending any significant amount of money on a vehicle for their teen offspring leaves a bad taste in this writer’s mouth, but some families march to the beat of a different, more affluent drum. Yours truly believes a free hand-me-down wreck should be the absolute limit of parental generosity, and that’s only on the condition that they pay for all upkeep.
But loans from the Bank of Mom and Dad are definitely a thing, which gives them considerable say over what vehicle actually enters their kid’s life. With this in mind, the Insurance Institute for Highway Safety and Consumer Reports joined forces to craft a list of decently reliable, safe rides for parents on a budget.
Would your spawn be happy with any of these top choices? Read More >
Cadillac debuts its electric Lyriq crossover on August 6th, just a few short… well, at least a year or more before it goes into production as either a 2022 or 2023 model.
Hoping to generate Bronco-worthy levels of buzz that won’t materialize, the automaker released a couple of teasers of the upcoming vehicle, revealing a feature that causes this Canadian to tug his collar in an aggressive manner. Read More >
“Awful” can mean a lot of things, some of them pretty benign. A car can simply a boring appliance, and to some, this makes said car awful. Others might disagree.
Other vehicles might boast many positive attributes, only to have reliability issues render them awful in the minds of many. Yet an awful car can still be a thing of beauty, in the purely physical sense. Name one. Read More >
Fiat Chrysler Automobiles revealed a second-quarter loss of $1.24 billion on Friday, down slightly from the $1.8 billion net loss posted for Q1.
As before, the pandemic weighed heavily on the automaker’s finances, though this spring’s two-month shutdown of domestic manufacturing and the revenue drop arising from the virus didn’t spell red ink for its all-important North American region. Read More >
Ford Motor Company made many investors happy on Thursday, reporting a less-than-feared loss in the second-quarter of 2020.
Despite the company’s chief financial officer predicting a Q2 loss of $5 billion or more three months ago, the automaker’s actual earnings before interest and taxes was only in the red $1.9 billion — a minor miracle given the stormy backdrop. Read More >
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