If you collected all of the ink spilled over the Hyundai Santa Cruz pickup’s chances of entering production, it would overflow the unibody model’s abbreviated bed.
A grownup game of keep-away is taking place in Germany, and Volkswagen is the kid without the ball.
Work stoppages are looming or already occurring at four of the automaker’s plants after a supplier dispute left Volkswagen without key transmission and seat parts. With the costly fallout of its emissions scandal top of mind, the automaker plans to waltz into the supplier’s factories and take what it needs, Automotive News Europe reports. Read More >
TTAC’s membership in the Ford GT club just got a whole lot less exclusive (sorry, Sanjay), after Ford Motor Company announced an extension of its supercar production.
For the past few years, startup Elio Motors has said that the “target price” of their enclosed tandem three wheeler was $6,800. As the company and their vendors finalize the design of the production vehicle and seek financing for that production, Elio has announced a “locked in” base price of $7,300, though that price for now only applies to the first 65,000 reservation holders (and it appear that those who already have placed reservations may pay as little as $7,000).
Since more than 56,000 people have already put down reservations for the Elio trike, if you want to buy an Elio and lock in that $7,300 price, there are fewer than 9,000 slots remaining. There was no word on what the price will be after the first 65,000 are reserved.
The pricing announcement is tied to the company’s still active application for a $185 million loan from U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing program. Read More >
Hydrogen fuel cell vehicles have been in development for as long as hybrids, but while one of those technologies can be found in any Walgreens parking lot, the other still occupies a tiny micro-niche in the marketplace.
Besides the lack of refueling infrastructure, hydrogen-powered driving is hindered by the high cost of fuel cells. After receiving $6 million from the feds, Ford Motor Company and the Los Alamos National Laboratory hope to change that, the Detroit Free Press reports. Read More >
When the new Kia factory in Nuevo León, Mexico reaches full capacity, 300,000 vehicles will leave the plant each year. At the same time, a jail cell door could slam on the government officials who brought it there.
The former governor of the Mexican state will stand trial on corruption charges linked to the tax deal behind the $1 billion assembly plant, Reuters reports. Prosecutors accuse Rodrigo Medina, along with 30 officials, friends and family members, of draining $196 million from public coffers. Read More >
Detroit Three automakers need to invest in their Canadian operations or it’s no deal, the president of the union representing hourly workers said yesterday.
Contract talks kick off tomorrow between the automakers and Unifor, but a cloud already hangs over the negotiations in the form of recent threats of a strike and GM’s reluctance to talk about its Oshawa plant’s future. Read More >
As our own Tim Cain reported this morning, if not for the mid-sized truck sector, total U.S. new vehicle sales volume would have risen by less than one-tenth of one percent. Now, forecasters are reducing their outlook for the remainder of 2016, leading some automakers to start fighting the stagnating market by deploying aggressive incentives.
Sound dangerously familiar? It should. A quote from George Santayana is very appropriate at this juncture: “Those who cannot remember the past are condemned to repeat it.”