Category: Industry

By on July 18, 2016

BYD

There’s money in them there cars, Samsung Electronics Company must have thought.

The Korean technology giant is in talks to buy a stake in Chinese automaker BYD, Reuters reports, and it isn’t the first time the company sought new cash streams from automotive world. Read More >

By on July 18, 2016

2017 Ford F-450 Super Duty Platinum Crew Cab 4x4

Last week, Ford announced that the F-150’s new 3.5-liter Ecoboost V6 puts out more torque than V8-powered segment rivals. While that was exciting news for full-size truck buyers, Ford wasn’t done. Someone in Dearborn wants all of the torques. This morning, Ford escalated the twist wars by releasing engine and towing specifications for its updated Super Duty trucks.

Snatching the torque crown from Fiat Chrysler Automobiles, the 2017 F-Series Super Duty will be available with an updated 6.7-liter V8 turbo diesel that makes a class-leading 925 pounds-feet of torque. That beats the Ram 2500’s 900 lb-ft, when equipped with the venerable Cummins 6.7-liter inline six turbo diesel. Read More >

By on July 18, 2016

BMW 2-Series Coupe red

Forget last year’s record sales achievements in BMW USA’s showrooms. Through the first six months of 2016, sales at the BMW Group’s BMW brand are down 9 percent in the United States, a first-half pace which suggests BMW sales will fall to a three-year low even as the overall new vehicle market continues to grow.

Not only is BMW’s car division off last year’s pace by more than 20,000 sales, or 18 percent, the brand’s three most costly utility vehicles — X4, X5, X6 — are down 22 percent. Yes, the overall car market is fading, but BMW’s 22-percent car decline is far worse than the U.S. auto industry’s 8-percent drop in car sales. And the 24-percent decrease in, for instance, sales of the BMW X5 stands in stark contrast to the 8-percent increase in the overall SUV/crossover market.

There are nevertheless bright lights in the BMW lineup.

Among passenger cars, the one car that most clearly exemplifies BMW’s old Ultimate Driving Machine credo, the 2 Series, is the BMW car that’s growing fastest. By far.

Among crossovers, the BMW which most flies in the face of everything the BMW cognoscenti value about BMW, the X1, is the BMW SAV division’s fastest-growing vehicle. By far. Read More >

By on July 18, 2016

Defender90

Jaguar Land Rover isn’t about to have some upstart company build a new version of its iconic Defender.

The automaker shot back at rumors of a third-party resurrection of the boxy, beloved SUV, Autocar reports, stating that the previous-generation model will remain dead and buried as the company crafts a new model. Read More >

By on July 16, 2016

fusion-hybrid-window-sticker

Business is about to get much more expensive for automakers with thirsty fleets.

The penalties leveled by the National Highway Traffic Safety Administration against automakers who miss their annual corporate average fuel economy (CAFE) standards are about to go up in August. Way up. Read More >

By on July 15, 2016

Nissan Versa

Through the first-half of 2016, passenger car sales volume is down 8 percent in the United States.

It’s not quite that bad in the subcompact car category, but sharp declines from the Chevrolet Sonic, Ford Fiesta, Honda Fit, Toyota Prius C, Toyota Yaris, plus the disappearance of the Mazda2 pushed subcompact car volume down 6 percent.

Yet U.S. sales of the Nissan Versa are on the rise.

Not only are Nissan Versa sales on the rise, the Versa is consistently America’s top-selling subcompact car.

Not only are Versa sales rising now, Versa sales have been on the rise for the last seven years. Read More >

By on July 14, 2016

Location Front Quarter Volvo S90 Mussel Blue

There are upsides to autonomous driving, but Volvo drivers are still made of flesh, with blood pumping though their veins.

Unlike that hazy group of people who lose their minds with excitement at the thought of always being a passenger in their own car, the Swedish automaker isn’t about to take away the act of driving from its customers. Read More >

By on July 14, 2016

Chevrolet Cobalt Sedan

General Motors had hoped to put the issue behind it, but a judge’s ruling just opened the automaker up to billions in damages over its faulty ignition switch scandal.

Yesterday, the U.S. Appeals Court of Manhattan ruled that lawsuits filed against the automaker for accidents that happened before the company’s 2009 bankruptcy sale were still valid. The decision overruled an earlier court decision that protected GM from such suits. Read More >

By on July 14, 2016

GM

General Motors executives are breathing a sigh of relief after the automaker reached a deal with a supplier that threatened to shut down GM’s entire U.S. assembly operation.

The automaker hammered out an agreement with the bankrupt Clark-Cutler-McDermott Company, a supplier of trim and acoustic insulation that GM had been propping up financially since March, the Wall Street Journal reports. Read More >

By on July 14, 2016

2005 Nissan Frontier & 2016 Nissan Frontier

The recent introduction of a thoroughly re-engineered Toyota Tacoma is propelling sales of the segment’s top seller to all-time highs. After an elongated hiatus, there are new options from General Motors, and they’re selling more frequently than GM anticipated. Just last month, Honda began selling an all new, second-generation Ridgeline, a pickup at the opposite end of the spectrum from the rough and tumble Frontier. That Ridgeline, we told you yesterday, is selling like it’s 2008.

Moreover, demand for small/midsize pickup trucks is roughly 30-percent smaller than it was a decade ago.

At Nissan, there are plenty of factors, internal and external, working against the Frontier. The current-generation pickup is more than a decade old. Yet Nissan USA is on track to sell more Frontiers in 2016 than at any point since the current truck debuted on the Titan’s F-Alpha platform in January 2004 at Detroit’s North American International Auto Show. Read More >

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