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Mini needs a fifth core model that stays true to the brand’s heritage while drawing in more customers, but the man in charge of the brand doesn’t like sedans.
Unless a previously unknown model crawls out of Mini’s history, one side of the dilemma will have to give up ground.
Ralph Mahler, Mini’s vice-president of product development, sparked sedan rumors earlier this month when he said a conventional four-door makes good business sense, especially in the U.S. and Asia. His boss doesn’t disagree, but hates the idea. Read More >
It seems Ford didn’t want to stay home from the EV dance.
Just 10 days after Ford Motor Company electrification guru Kevin Layden said that 100 miles of range is just plenty, thank you very much, CEO Mark Fields is now saying something very different. Read More >
We’ve all dealt with a car salesman who wanted us to sign our life away on an overpriced import, but there’s a good chance that’s literally happening in Iraq right now.
Reuters reports that Islamic State fighters have taken to running car dealerships as a way of making money, now that allied airstrikes have cut off much of their oil-generated income. Read More >
It looks like Cadillac doesn’t think the Chevrolet Cruze is a suitable platform for a new luxury model.
A source in a story we ran yesterday claimed an internal program code that popped up at General Motors points to a new Cadillac model based on the Cruze’s front-wheel-drive Delta platform, but the automaker is now refuting the claim. Read More >
News from Dearborn this morning will please recent purchasers of F-150s, Transits, and Fiestas — Ford Motor Company is absolutely on fire financially, earning $2.5 billion in a very large first quarter.
Ford’s pre-tax profit of $3.8 billion was a record for the company. Read More >
Ford Motor Company issued three recall notices today, but top billing goes to a sensor problem linked to the sudden downshifting (to first gear!) of certain vehicles.
That safety recall involves 202,000 2011-2012 Ford F-150, 2012 Expedition, Ford Mustang and Lincoln Navigator vehicles. Read More >
It just posted its largest loss ever and is up to its eyebrows in scandal-related expenses, so what’s an automaker to do when the hands come out asking for more?
That’s the situation in Wolfsburg, Germany, where the scandal-rocked Volkswagen and its workers’ labor union find themselves engaged in an uncomfortable dance, according to Automotive News Europe.
The union, IG Metall, says the automaker’s diesel emissions scandal is no excuse for holding back raises to its 120,000 staff members, and Volkswagen says, “What? Sorry, can’t hear you — we’re driving into a tunnel…call back later.” Read More >
You can’t get your hands on the gear-iest transmission in the land without throwing some money around first.
Ford Motor Company announced today that it will spend $1.4 billion to produce their new 10-speed automatic for future F-150s, and invest $200 million into large truck production at its Ohio Assembly Plant. Read More >
Fiat Chrysler Automobiles CEO Sergio Marchionne has a good morning today, after FCA announced boosted profit and earnings spurred by healthy sales in the U.S. and Europe.
First quarter net profits were up from just above the break-even point a year ago to 451 million euros ($539.4 million), according to The Detroit News, with pre-tax earnings up 88 percent to 1.3 billion euros ($1.6 billion). Read More >
Will Volkswagen TDI owners who opt for a buyback be soured on the brand, or can they be lured into a new model?
It’s a big question for dealers, who could stand to benefit from the dealership traffic they’ll see when Volkswagen’s buyback program gets up and running later this year. Read More >