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There’s a battle brewing between France and China over a famous Malaysian-owned British automaker. Who said globalization was in danger?
Geely, Volvo’s Chinese parent company, is in talks to buy Proton, the Malaysian owner of the famed Lotus brand, the Financial Times reports. Proton’s not doing well these days, all thanks to an influx of affordable imports that has eroded its domestic market share. To reach its goal, Geely must first stave off stiff competition from Europe.
France’s PSA Group, maker of Peugeot and Citroën (and potential future owner of Opel and Vauxhall), also wants to get its hands on Proton. However, it looks like the competing automakers want different things from the deal. Read More >
Reactions are varied following this morning’s announcement that President Donald Trump will renegotiate the North American Free Trade Agreement and pull the country out of the Trans Pacific Partnership.
North of the border, however, the leader of Canada’s Detroit Three autoworkers was apparently dancing a jig. Unifor president Jerry Dias seemed thrilled when he appeared on talk radio to sing the praises of the president’s executive actions. Trump’s moves are “a great opportunity to right the ship,” he said. Read More >
Russia, the country where Shoviet Shub captain Sean Connery learned to fish, might be on the verge of a modest economic rebound.
After tanking hard in the wake of collapsing oil prices, the country’s rickety economic state prompted many automakers to abandon plans for production growth or pull up stakes altogether. General Motors was a noted casualty, though Lada sailed through the turmoil in fine shape.
Early last year, it seemed as if parent Daimler would head west instead of building a Mercedes plant in the Motherland. However, that’s no longer the case, according to the country’s trade and industry minister. Read More >
Toyota promised the world a Yaris hatchback that would valiantly rise above the role of a plain-Jane commuter car, and here it is.
Expected to premiere at the Geneva Motor Show this March, the high performance three-door subcompact borrows inspiration, parts, and probably a name from Toyota’s Gazoo racing division. Read More >
Have you ever bought a secondhand car, only to find the previous owner forgot his or her favorite CD in the stereo? Well, that didn’t happen to a Kentucky man.
That Volkswagen owner’s discovery is just one of the weird news stories arising from a polar vortex-plagued world. Elsewhere, officials warn of mammal tongue baths, and a politician practices bad automotive PR. Read More >
Volkswagen AG’s Škoda subsidiary claims it’s interested in bringing the value-packed Czech brand to the U.S., even going as far as copyrighting model names, but the powers that be in Wolfsburg couldn’t hate the idea more.
According to comments published by Automobile Magazine, Volkswagen execs want nothing to do with the idea of a stateside Škoda. It looks like the surging brand’s parent company is prepared to kill the dream for good. Read More >
Burying its loathed “shield”-style grille in the deepest depths of history’s dustbin is a big part of Acura’s plan to reverse falling sales, but product seems to be at least as big a problem as design.
The automaker, which has seen its U.S. sales fall 10.5 percent so far this year, is in the midst of a design pivot, though many feel that the brand needs a bigger shake-up then just a “diamond pentagon” grille. Read More >
It’s Friday, but it’s also Veterans Day. North of the border, it’s Remembrance Day — something I was reminded of when a pair of CF-18s buzzed this writer’s home at 11:11 this morning.
Because of the solemn date, our weekly look at odd automotive news will take on a camo green tinge. Sure, we’d love to regale you with stories of Allied forces turning their jeeps and 6×6 trucks into mobile gun platforms in the mud of western Europe, but that’s in the past.
Today, we look at a Syrian mystery vehicle, militants with wood, and a city terrorized by a bland color. Read More >
Even though Ford hasn’t confirmed it, we know a reborn Ford Bronco is on its way.
Long before a UAW rep spilled the beans about the manly model’s return, Bronco buffs were already giddy with anticipation. TTAC’s managing editor has hardly slept a wink.
Now, word comes that there is indeed a development team hard at work on the model (expected to appear sometime in 2018), but you won’t find them in the vast lands bordered by the Pacific, Atlantic and Gulf of Mexico. Read More >
Not knowing what to expect from President-elect Donald Trump once he moves into the White House, automakers spend yesterday issuing nice-sounding congratulatory messages that masked an industry-wide concern over what happens next.
Formal pleasantries aside, one automaker feels that Trump’s policies could stand to benefit its bottom line. Read More >
It was a bombshell decision that Fuji Heavy Industries describes as “extraordinary.”
Subaru’s parent company announced today that its board of directors has decided to eliminate its industrial division to free up resources for its car division. FHI built its empire on small industrial powerplants, spawning a quirky car company in the process, but that car brand is now the corporation’s main focus.
What does the new love mean for Subaru? Read More >
Mercedes-Benz unveiled two concepts for its mid-sized pickup, dubbed the X-Class, in Stockholm, Sweden today. The event was live-streamed across the globe and, at thirteen minutes in, two gussied up Nissans took the stage.
Read More >
The buying public wants one. You probably want one. But Ford executives on both sides of the Atlantic are growing cold feet over the idea of a hotter Focus RS.
The automaker is walking back expectations for the proposed RS500 and is ready to scrap the hotter hot hatch (scalding hatch?) idea altogether, Autocar reports.
Read More >
The long-awaited battle to retake the northern Iraq city of Mosul — an ISIS stronghold for the past two years — began this morning, with Allied forces supporting the Iraqi Army troops and Kurdish Peshmerga fighters in their quest against the Islamic State.
One player has a heavy presence on both sides of the battle, and it isn’t a person or organization. It’s the Toyota Hilux, the go-to vehicle for terrorists and allies in the war-torn region. So numerous is the do-anything pickup, that the Iraqi ambassador to the U.S. questions how so many Toyotas could find their way into ISIS hands. Read More >
After posting sales gains that most automakers would sell their souls for, Jeep’s skyrocketing climb hit the upper limits of the atmosphere in September, with sales dropping by 3 percent compared to the same month a year ago.
Maybe the Jeep brand isn’t bigger than Jesus. With the new vehicle market cooling off and two of its oldest — but still strong-selling — models being pared down to one, Jeep needs to branch out to keep the momentum going.
It has products up its sleeve — a Wrangler pickup and $140,000 luxo-ute to name a couple — and has factories planned for developing nations everywhere, but Jeep could reap a sales reward if it stopped screwing up in one obvious but overlooked market. Read More >