Living in Europe and eager for the next generation of Mitsubishi products? You might end up waiting forever.
As part of a crash cost-cutting exercise designed to stabilize the storm-rocked company, the Japanese automaker has decided to reduce investment in under-performing markets while chopping fixed costs by one-fifth over the next two years.
In Europe, the brand could soon become a ghost. Mitsubishi has hit the stop button on any new product headed in that direction. (Read More…)
What if you had to pay a toll to drive anywhere? It’s entirely possible that such a proposal would spark a backlash in the road-hungry United States, but the idea hasn’t won over everyone in eco-conscious Europe, either.
In addition to existing steep fuel taxes, Germany wants to see a blanket road toll go into effect across the continent. (Read More…)
Early last year, Nissan, watching global sales wane and the pressure on its (un)balance sheet increase, hinted at the potential for 10,000 job cuts, per sources. That number then rose to an official 12,500, as North American pressures added to woes in Asia and Latin America. The unexpectedly eventful year of 2020 began with buyouts in the U.S.
Now, a report out of Japan — one that seems to reflect the company’s anticipated new direction — claims the automaker’s workforce will require a 20,000-strong cull, this time with Europe as the focal point. (Read More…)
The European Commission is reportedly preparing an economic stimulus package aimed at helping the EU bounce back from economic hardships caused by the coronavirus lockdown — saving some room for incentivized electric vehicle sales.
As you may have noticed in your home country, stimulus package proposals often involve lawmakers attempting to slip something in to aid their favorite causes. While not every nation in the EU feels similarly on all matters, environmentalism has been a reoccurring theme within the union — and has encouraged it to make aggressive decisions when it comes to promoting vehicles.
For decades, the European Union spent billions in subsidies and tax breaks to make diesel fuel cheaper than gasoline. Diesel engines produced less carbon dioxide and opened the door to biofuels, so the presumption was they were better for air pollution. That turned out not to be true, so the continent then pushed hard into subsidizing EVs, with diesel sales crumbling as a result.
Now seen as the only way to save the world from heavy, gas guzzling crossovers that people actually buy in great numbers, battery electric cars are getting their moment in the sun. And it may get a little brighter. The next EU stimulus package is set to include €20 billion ($22 billion USD) for those deciding to purchase an environmentally friendly passenger car. (Read More…)
With COVID-19 lockdowns suppressing auto sales around the globe, everyone expected April to be a rough month. However, we doubt the United Kingdom expected monthly deliveries to come in at the lowest level since the end of World War II. Registrations for April peaked at 4,321 in the UK, representing the lowest monthly figure since 1946 — when the nation was still rationing materials as it attempted to rebuild after a prolonged military conflict (and factories were just starting to transition back to manufacturing passenger vehicles).
While it’s possible some registrations are simply delayed, the Society of Motor Manufacturers and Traders (SMMT) says it doesn’t believe that to be a significant factor. Retailers typically register the vehicle for you and, with with precious little else to do, you’d think they’d have finished whatever paperwork they had lying around. Most of them, of course, weren’t capable of operating normally due to government mandates, allowing the few outlets offering at-home delivery to make up the lion’s share of sales. (Read More…)
The coronavirus pandemic took a sizable bite out of new car registrations in the European Union last month. Volume was down 51.8 percent in March (including the United Kingdom), according to the European Auto Industry Association. While some of the absent vehicles are potentially waiting on official documents to come through after lockdown measures ease, most can be explained by the general lack of demand. Everyone knew last month would be a tough one, with the nations experiencing worst outbreaks likely see the largest sales disparities.
While no country was left unscathed, Reuters reports that Italy performed quite poorly in comparison to its neighbors. As it was the first European nation to report widespread contagion of COVID-19, that’s hardly surprising, and may indicate that its neighbors are about to find themselves in a similarly undesirable situation. (Read More…)
The novel coronavirus pandemic took hold in Europe before invading the U.S., which is why anyone hoping for a quick restart of the domestic manufacturing sector might want to forget about the month of April.
On Friday, Ford said its European assembly operations will remain offline until at least the first week of May. (Read More…)
Today’s Rare Ride is from a time when a few of the sensible people at the Volvo Boxy Car Company created a special, sporty version of their mainstream model. From long ago and now largely forgotten, it’s the 1979 Volvo 242 GT.
Recently we featured a flagship Bentley in the Azure convertible, which was among the most expensive production cars money could buy. Today we have a look at the cheapest Bentley available – the Eight. Let’s check out the Bentley for poor people.
The European marketplace is shutting down, and with it the manufacturing base of many automakers. Ford, Toyota, and BMW have now announced temporary suspensions of production at plants across the continent — a measure that’s starting to be seen in North America. (Read More…)
While Toyota and Subaru are officially developing a new generation of the 86/BRZ, neither model from the current generation looks long for this world. The Toyobaru twins’ placement as an affordable sports car meant volumes were never going to be stellar but the last few years have been particularly unkind. Inside the United States (the duo’s strongest market), the Toyota half of the pair hasn’t managed to break 10,000 deliveries since 2016 — something the BRZ has never achieved. Last year, Toyota’s coupe was sitting at just 3,398 units while the Subaru only sold 2,334.
But the final nail in their coffin could be the new special edition that’s coming out of Europe. Subaru is introducing the conclusive-sounding “Final Edition” of the BRZ for Germany. (Read More…)
Today’s Rare Ride put me immediately in mind of the Austin Cambridge featured in this series last year. Both were intended primarily for British customers, and both have a similar upright sedan shape which seemingly made so many British cars of the Fifties look exactly the same.
Let’s take a look at some basic Euro Ford transportation that was grandfather to the Cortina.
Ford’s plan to rein in costs and grow profit (well, create it, to be more accurate) in the European market will see the automaker shed dealers en masse.
Figuring those who really want to test drive a vehicle will be willing to go the distance to do it, Ford’s dealer cull coincides with the release of an online sales platform. That platform rolls out alongside the first model offered through it: the electric Mustang Mach-E. (Read More…)
Anyone who’s laid a substantial amount of rubber in a local parking lot will tell you that the scent emitted doesn’t smell particularly healthy for the environment (burnt clutch smell is even less appealing — don’t ask how I know). And while the typical driver doesn’t burn through tires via successive smoke shows, regular road use effectively does the same thing over a much longer timeline — and a new study claims it’s up to 1,000 times worse than what actually comes out of a vehicle’s exhaust system.
The report, penned by UK-based independent research firm Emissions Analytics, has circulated within the media for a few days and claims that pollution stemming from tire and brake wear is a growing problem. With European lawmakers clamping down on tailpipe emissions, the firm suggests “non-exhaust emissions” will be the next big regulatory challenge. (Read More…)
Today’s Rare Ride is one of those cars where your author had heard of neither marque nor model before encountering a sale listing. A luxurious early Fifties coupe of Italian origin and simple, elegant coachwork, this Daina is one of six remaining worldwide.
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