Category: Government

By on February 12, 2016

Bentley Export courtesy of armstrongrelocation.wordpress.com

There’s not a more uncomfortable phone call for a car dealership’s finance manager to make then asking a customer to come back to have their finance or lease contract rewritten. This is typically caused by sales managers — the people most despised by finance departments — who spot deliver a vehicle based on their wrong guess about the rate or term a lender would approve the deal. Needless to say, the vast majority of these rewrites result in a higher monthly payment for the customer.

A couple of years ago, a finance manager at a Los Angeles Mercedes-Benz dealer told me and a Mercedes-Benz Financial colleague of mine about the day he picked up the phone to fix the opposite situation: the dealership had miscalculated the taxes on a client’s lease on a black ML350 Bluetec SUV and they needed the client to return and sign a new lease agreement reflecting payments of $14 per month lower than the original contract.

He called the customer with the good news only to hear, “No no no! Payment good. Payment good. We OK!”

After he hung up, he thought, “We just got snookered. That ML is probably on a slow boat to China and the factory is going to kill us.” Read More >

By on February 7, 2016

Kenneth Feinberg, Generous Solution Quote

Kenneth Feinberg, the man behind Volkswagen’s claims fund, stated American VW TDI customers should expect an offer that will make them very happy in an interview published this weekend.

When asked by Frankfurter Allgemeine Sonntagszeitung (via Reuters) what he will offer the more than 500,000 Americans who own dirty diesels, he replied, “I can promise that there will be a generous solution.”

What that solution will be is anyone’s guess, including Feinberg’s.

“The jury is still out, and at the moment all options are up for debate: cash payments, buybacks, repairs, replacements with new cars,” he said.

Read More >

By on February 6, 2016

Volkswagen Diesel Sale Disclaimer

The fuel cost savings of a diesel vehicle can be huge for those who eat up highway miles. However, with Volkswagen’s voluntary stop sale of those vehicles implicated in the diesel emissions scandal, you may think you can’t buy one from a Volkswagen dealer.

You’d be wrong.

According to a source who spoke to TTAC under the condition of anonymity, Volkswagen dealers are still able to sell an affected diesel vehicle should it meet certain conditions: that it not be a “certified pre-owned” (CPO) or new vehicle, and that the buyer signs a disclaimer stating they understand the vehicle being purchased pollutes more than government compliance tests initially indicated.

Read More >

By on February 5, 2016

Volkswagen Dealer Sign

Volkswagen Group of America has begun the process of buying back cars affected by the ongoing diesel emissions scandal, but you shouldn’t expect to receive a letter or phone call with a buyback offer anytime soon.

VW is going ahead with a buyback program that will see the automaker acquire affected vehicles from dealers’ certified pre-owned (CPO) inventories, a source familiar with the plan told TTAC.

Read More >

By on February 2, 2016

1.6 TDI Motor ( EA 189 ):  Flow straightener Volkswagen

Volkswagen Group has until the end of the day Tuesday to submit its final plan to the Environmental Protection Agency regarding its illegally polluting 3-liter TDI engines, primarily used in Audi vehicles, reported Automotive News on Monday.

The deadline comes after an earlier proposal to fix 2-liter TDI vehicles was rejected by the regulatory agency and before Audi takes to the airwaves during Super Bowl 50 where we hope it’ll use the opportunity to tell us something more than just “buy this new, fancy, non-diesel car.”

Read More >

By on February 2, 2016

Chicago PD Ford Explorer Interceptor

Qui custodiet ipsos custodes? When it comes to police and their dashcams, the answer appears to be “nobody, due to suspicious technical problems.”

Last Friday, the Washington Post released a scathing indictment of the Chicago Police Department and its officers’ intentional sabotage of their dashcam equipment.

The same department is already under siege from all quarters. Homicides are soaring by 75 percent year-over-year in 2016, senior officials are leaving in droves, and a recent report has shown that a minor group of “untouchable” policemen is responsible for over $34M in settlements since 2009.

Read More >

By on January 31, 2016

cbs-sports

Football fans are finalizing their Super Bowl 50 party plans, which will undoubtedly include copious amounts of heart-clogging edibles and liquids that might be confused for beer.

At the same time, Audi is tapping its foot in anticipation. The automaker will air a 60-second Super Bowl spot in an effort to get the attention of those cod-lager-swilling football fans watching the game next weekend. The price of that 60 seconds of airtime: approximately 10 million bucks.

Volkswagen’s luxury brand Audi has escaped the diesel emissions PR backlash relatively unscathed — and has also been conspicuously quiet as of late. A little too quiet. That will change during the Super Bowl — and the automaker better have something good to say.

Read More >

By on January 29, 2016

2013 Nissan Altima. Photo courtesy Nissan.

Nissan announced Friday that it would recall about 870,000 Altimas for faulty hood latches, the third time the automaker has recalled the cars since 2014, according to Reuters.

The affected models are 2013-2015 Altimas, whose secondary hood latches could rust and be ineffective at keeping 20-some square feet of sheet metal from blocking your view of the road.

The automaker attempted to fix the issue in February 2015 and September 2014, but like any good owner of a General Motors 3800 engine will tell you, anything worth doing is worth doing over and over and over again. Read More >

By on January 28, 2016

delorean-erstbesitz-mr-delorean-baujahr-1982-1

For the “Back To The Future” fan keen on winning the parking lot at the next confab, DeLorean announced this week that it’ll make “new” cars again in Texas.

Thanks to a change in the small volume manufacturing law, DeLorean Motor Company said it could build around 300 new cars from parts it purchased when the original DeLorean went under.

The Texas outfit said they’ll bin the puny Renault-Volvo V-6 that made 130 horsepower in favor of a crate engine sourced from somewhere that’ll make 300 to 400 horsepower. Electronics, brakes and other drivetrain goodies will be similarly updated on the car, according to Jalopnik. Read More >

By on January 26, 2016

1.6 TDI Motor ( EA 189 ):  Flow straightener Volkswagen

Last we heard, Volkswagen’s small loophole that it could technically skate through on the definition of “cheating” in Europe was fairly well closed.

Last week, Volkswagen’s chief in the UK asserted in a letter to British Parliament that the company may not have have technically cheated in Europe.

“Volkswagen accepts that a defeat device was used in the USA in certain models, in the context of the very different regulatory framework and factual circumstances there,” Paul Willis wrote in a December letter (via New York Times). “However we do not think that it is possible to make the same definitive legal determination in relation to the software that was fitted to those differently configured vehicles in the UK and EU.” (Emphasis ours.)

Holy shit. Really?

Read More >

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  • Bark M., United States
  • Chris Tonn, United States
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  • Vojta Dobes, Czech Republic

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