Italy is on the cusp of approving a 6.3 billion-euro ($7.1 billion) loan for Fiat Chrysler Automobiles (FCA). Suppressed sales stemming from coronavirus lockdowns have encouraged governments around the globe to lend businesses a hand or — more accurately — fists full of money.

Bloomberg claims FCA’s payday will be Europe’s biggest government-backed financing of an automaker since the start of the pandemic, but it’s hardly the only company needing money. General Motors and Ford utilized credit lines to amass billions of dollars for their rainy day funds — and it’s definitely pouring outside. Ford figures it lost roughly $5 billion in operating costs in the three months leading up to June. Meanwhile, Fiat Chrysler estimates it lost $5.5 billion through the first quarter of this year.  Read More >

By now, most Americans are sick of seeing the inside of their own homes, but not everyone falls into that camp. There’s pros to go with working from home that, in some cases, outweigh the cons.

Ford Motor Company, which sent 30,000 U.S. employees home amid the coronavirus pandemic, wants to hear from this cohort on whether remote work should become the status quo. Read More >

As I wrote in April, the Toyota Avalon has taken great strides in moving from being a snoozer to a touring sedan with a bit of spice up its sleeve.

That was in reference to the hybrid. Try the gas-engine Avalon for a truly transformed experience.

Much of the overall hybrid experience remains true in models carrying the gas-only powertrain – the Avalon is sportier and rides more stiffly, though it remains more of a highway cruiser than a true sports sedan – yet the trade-off of a bit more power for a bit less fuel economy livens the car up even more.

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Toyota made significant changes to the new-for-2020 Supra just one year into its lifespan, adding a new, cheaper four-cylinder model and bumping the output of the previously solitary inline-six version. That’s not the only hardware change in store for the resurrected sports coupe, either.

For many, whether or not they ever get into a Supra will come down to price, and that’s where the new GR Supra 2.0 enters the fray. Read More >

The trans-Pacific flow of automobiles between the U.S. and Japan has always been a lopsided thing, with an infinitely greater number of cars heading east than west. Lately, thanks to a spiky virus, that flow has tapered off.

Just how fewer Japanese vehicles made a boat trip in May is cause for concern for their country of origin. Read More >

Nothing like a nice evening drive on a warm summer’s night, streetlights whipping by as the western horizon glows with hues of peach and lavender. Yessir, there’s nothing like some leisurely motoring. And what’s that up ahead?

Oh, an FJ Cruiser, Toyota’s answer to the retro craze sweeping the industry back in the early to middle 2000s. Big ol’ thing, it was — and thirsty, too. Kept its resale value, though, but certainly not its initial sales prowess. That thing’s popularity dwindled faster than inhibitions at a kegger.

Will a time ever come when automakers again dive into retro with such ferocity, I wondered? Read More >

If you’re like us — and I do mean us, as this is an issue on which there’s no disagreement — you probably view the Honda Civic Si as an attractive entry in the affordable “fun” car realm. A peppier-than-most powerplant, standard six-speed manual, brand appeal, stellar model reputation, and a spacious cabin? What’s not to like?

Well, certainly not this lease offer, which makes the 205-horsepower Civic Si a cheaper get than a low-end Corolla. Read More >

On Tuesday, Audi announced Volkswagen Group is prepared to buy out minority shareholders. VW announced the plan earlier in the year, setting aside funds to procure the 0.36 percent of Audi it didn’t already own.

“Volkswagen AG announced and specified that it has set the cash settlement to be paid to the minority shareholders in return for the transfer of their shares at 1,551.53 euros per Audi AG share,” the Ingolstadt-based manufacture said in a statement.  Read More >

Pour one out for a car you likely didn’t have a hope in hell of affording — and that’s if you even desired one in the first place. Arriving on the market as a plug-in hybrid wonder car in 2014, the scissor-doored coupe found roles in top-grossing flicks and prompted saliva production among underpaid, tech-obsessed writers.

Well, the last i8 has left the factory. How much of an impact did it make? Read More >

After saying that it will take “years and decades” before General Motors can effectively transition into a company focused primarily on electric vehicles, plenty of outlets (including ours) accused CEO Marry Barra of lowering expectations. She held another press conference this week to set everyone straight, letting the world know GM will perpetually be at the forefront of the green movement.

The 20 EV models planned for launch by 2023 are still coming. “We have a steady drumbeat of EVs coming out across segments to appeal to a variety of customers,” Barra explained.

She then added that internal combustion vehicles will remain a staple of GM’s lineup for the foreseeable future. Oh, and its first driverless vehicle is coming out in 2025 — instead of 2019, as originally planned. “I definitely think it will happen within the next five years. Our Cruise team is continuing to develop technology so it’s safer than a human driver. I think you’ll see it clearly within five years,” she said in a recent interview with Dave Rubinstein.  Read More >

Today’s Rare Ride is a seriously sporty evolution of Ferrari’s well-known 308 GTB. Built as a homologation special, the 288 GTO was one of the most exclusive vehicles Ferrari produced in the Eighties.

It’s a car which became relevant to me this past weekend, when a rusty example was unearthed in my parents’ backyard.

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If you weren’t aware, the sprawling General Motors assembly plant in Lordstown, Ohio is no longer cranking out Chevy Cruzes. No plant is. And there’s now a strange “Lordstown Motors” sign adorning the complex, with some sort of crazy promise about building electric pickups? Wild.

The state of Ohio certainly took notice, recalling the economic development agreement it signed with the plant’s former owner more than a decade ago. Those public perks were dependent on GM continuing operations at the plant until a point many years in the future. Fork it over, Ohio recently told GM. Read More >

From the “No Shit” files comes a new study from the Insurance Institute for Highway Safety. In it, researchers reach an obvious conclusion that should surprise no one: tall, blunt-faced vehicles are far more likely to damage your sensitive, delicate body than low-riding passenger cars.

Pick that jaw up off the floor. Read More >

The Bullitt and GT350 appear dead for 2021, but fear not. Those who find the Ford Mustang GT just a tad underwhelming can soon opt for a Mach 1, which combines various attributes of those three aforementioned cars in one retro package — though perhaps not as retro as some would like.

It’s also not as plentiful as some ‘Stang fans would prefer, either, going on sale in the spring of 2021 as a limited-run model capped at, well, no one knows how many units. Read More >

Unveiled late Monday, the next-generation Lexus IS sedan’s identity should be no secret to those familiar with the current model. Toyota Motor Corp’s premium rear-drive sports sedan is a clear descendant of what came before, keeping the previous model’s proportions and many of its lines. Certainly, there’s only so much you can do with a corporate spindle grille.

Now alone in its mission, what with the midsize GS’s recent passing, the new IS doesn’t try anything radical. It’s not a game changer, smashing segment conventions. Rather, it simply tries to do better. Read More >