A year ago, TTAC broke news of back channel overtures being made towards Iran on behalf of General Motors. A number of Chevrolet Camaro Convertibles made their way to Iran via a complicated logistics network and the importations were of dubious legality. But the event highlighted a sentiment in the auto industry that few are willing to openly discuss: the BRIC countries, once the darlings of the emerging markets, have already been exhausted. The search for new markets is on, and that means places like Africa and Iran. And Cuba could be next.
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Chinese Internet overlord Baidu is buying a major stake into everyone’s favorite transportation network company, Uber.
Remember when we thought $2.55 for a gallon of regular was going to make for a good Christmas? Turns out the new average is $2.47, the lowest average price reported in five years.
Also: That’s a photo shot by one of my relatives back in Louisville, Ky., where some stations are pumping gas for as low as $1.96/gallon.
Despite massive year-over-year improvements, the Kia Sedona continues to be a relatively low-volume player in America’s minivan segment. But are the gains made by the Kia significant enough to make life difficult for the top four?
Compared with November 2013, Sedona volume jumped 578% last month as a follow-up to October’s 251% gain. Through the first three-quarters of 2014, Kia USA had been selling fewer than 630 Sedonas per month. 2376 were sold in October; 3538 in November. The van’s market share through nine months was a paltry 1.3% as even the Mazda 5 and Nissan Quest were easily outselling the Kia. But in November 2014, the Kia Sedona grabbed 9.1% of America’s minivan market. Read More >
It costs $233,509, and it’s genuinely worth the money. That’s the first thing I want you to know about the Ferrari 458 Italia. The second thing is that, once again, I’m driving the wrong 458 for the job.
It’s been a while since the TTAC Zaibatsu checked in on the victim compensation fund created by General Motors and overseen by the office of attorney Kenneth Feinberg. How have things gone since the last time?
One hundred fatality and injury claims have been approved.
Forget Panthers: Humvees are the new hotness, as so demonstrated when the United States Army held its first-ever public auction for a surplus of the iconic military vehicle.
The Ford Mondeo Estate is in trouble with one Swedish automotive publication, thanks to how much it weighs.
With the Russian ruble experiencing a near collapse in value, multiple OEMs have decided to suspend sales of its vehicles in Russia.
Recently I went car shopping with a friend. We were looking at cars I’d rather not check out, but that struck his fancy . While crossovers were initially at the top of his list, he ended up with a 2010 Mitsubishi Pajero, which you may know as the Montero. Being Brazil a Portuguese-speaking countries, Mitsubishi found it safe to use the Japanese market name – in Spanish, it means something naughty.