Since arriving at TTAC, I have been continually challenged and impressed by the B&B. The knowledge, wisdom, and rather civil discourse that arrives in response to the so-called journalism I produce is awe inspiring, often. Thank you, B&B. I’ve also been tasked with handling the GM recall story, given my technical background and my familiarity with GM’s processes at the dealer level – but today, I want to turn the floor over to you.
The current Buick Regal is an excellent car. I know, because I have one parked in my garage (it’s sweet). Still, it could be better- and the guys at the SouthWest Research Institute (SWRI) have figured out a way to enhance the mid-range Buick so that it produces fewer harmful carbon emissions and gets better fuel economy.
Can’t beat that!
Subprime auto financing continues to grow, and while one analyst at Moody’s says that banks are largely staying out of the subprime space, overall lending continued to rise, with retail banks seeing some of the strongest growth. This expansion in lending, particularly subprime, was attributed as a key driver in auto sales. SNL cited forecasts for a SAAR of between 16 and 16.7 million in 2014, up from 15.5 million in 2013.
114 car dealers. Every single last one of them looking for an impossibly good deal among the 150 vehicles at the auction on a near-Arctic Monday morning.
Even if it’s a seemingly bad deal. It doesn’t matter during this time of year.
This is officially tax season… which means that cars that couldn’t even get a $500 down payment during the post-Christmas drought will soon be picked up in earnest by the sub-prime, debt happy public. A $1200 down payment as their first financial tombstone of 2014 will be followed by a long line of bogus fees, and a note that will hopefully be flipped into funny money (now known as sub-prime asset backed securities) before the drowning debtor becomes financial roadkill.
Everything is high. But surprisingly not as high as in years past. Orphaned brands are mostly cheap. Minivans are cheap, and everything from older luxury coupes to younger hatchbacks can be had for decent money if they’re not sporty or popular.
Speaking of popular. Let me show you a little somethin’.
Just a few short years after the Canadian and Ontario government bailed out General Motors and Chrysler, a familiar scenario is playing out along Highway 401. Chrysler is reported to be negotiating with both the Ontario and Canadian federal government regarding subsidies for their Windsor assembly plant that builds the Dodge Caravan and Chrysler Town & Country minivans.
While auto makers like Ford and Toyota have received government money recently, the size and scope of the subsidies are said to be unprecedented. And according to reports, Chrysler is threatening to leave if they don’t get what they want. (Read More…)
In an era where even mundane family cars are shod with 18-inch-plus rims direct from the factory, dealers are prime targets for mass thefts. One Texas Chevy dealer took a big hit on Sunday, when 22 new cars were shorn of their wheels and tires by a gang of thieves.
A few short hours ago, I was in McCormick Place with a handful of auto journalists and GM’s 2015 Chevy Colorado team. It was a lucky break- a last-minute invitation to meet with some GM brass before the hectic onslaught of the 2014 Chicago Auto Show’s press days and ask them the questions that my fellow alt-fuel/cleantech gear heads wanted answers to.
So, here it is: the 2015 Chevy Colorado, in the 72 dpi digitized flesh and packed with some seriously trick goodies. Will this (and its GMC Canyon twin) be enough to reclaim the compact truck throne, however? You’d better believe it- the Colorado is that good!
General Motors and Isuzu announced that they will be investing $60 million in their joint venture DMAX Ltd., which makes diesel engines for heavy duty trucks. Reuters reports that thw investment in technologies at the Moraine, Ohio plant will make design changes to meet future emission regulations easier. GM says that 500 jobs will be retained due to the expenditure. DMAX has produced almost 1.6 million diesel engines since it started operations in 2000. Isuzu owns 40% of DMAX and GM owns the remaining 60% controlling interest. (Read More…)
Time: 2332, Eastern. Outside temperature: six degrees. Speed: 83 mph, climbing.
One needs to remind himself of following distance when letting the dogs run.
Thoughts appear as bullet points in the frontal cortex.
- Led Zep II makes me hammer down
- The left lane is clear, but there are some right lane travellers that could become obstacles.
One thousand one…
One thousand two…
“I should have quit you, baby, long time ago…”
One thousand three…
“down on this killing floor, break it down for me now…”
One thousand four…
- Prius just oozed into the left lane to pace, not pass, the fuel tanker putting up considerable spray.
- Headlights are dirty. Need to slow down anyway.
- Too bad.
Wait a second, I’m lamenting having to back off while driving a Buick!
“People worry I can’t keep you satisfied…”
This 2014 Regal Turbo AWD is a parts-bin car. A re-badge, and yet, it’s one hell of a highway flyer. The Regal is also surprisingly adroit in kinkier situations. It’s kind of a damn shame that this car is an automotive Palestinian. It’s sold as a Buick, but it started off as an Opel with a side of Saab, and was supposed to be a Saturn. For many, the Regal does nothing to recommend itself. That changes when you drive it, but if you think about it too much, it’ll piss you off.
Outside North America, this little blue pill of an A-segment car is known as the Daewoo Matiz Creative. It may look an obsolete computer peripheral (or a pregnant roller skate), but GM claims that the Chevrolet Spark has more torque than a Ferrari 458 Italia. As a self-described technology lover, and card-carrying resident of the Left Coast, I had to check it out.
In my mind, Volkswagens used to be the “Euro Buick.” Positioned one note above the mass market rabble, VW’s Passat shared parts with Audi’s A4, while the Touareg and Phaeton were luxury cars with a mass market logo on the hood. Then Volkswagen decided this was the wrong strategy for them, so they repositioned VW as the German alternative to Toyota and Chevrolet. This left a gaping hole in the market for shoppers looking to step into a European near-luxury vehicle that flew under the radar. And then Buick stepped in.Buick’s Opel-based product offensive has transformed the brand from Barcalounger wheels for the octogenarian, to a window into the soul of GM’s German brand. This transformation isn’t an easy one as Buick’s problem wasn’t just blue-haired buyers and slinky-soft springs. Buick is the penultimate middle child. Jammed between Chevrolet and Cadillac, brand B’s mission is to give Chevy buyers something to aspire to and Cadillac buyers something to graduate from.
Unless you’ve lived through it, you have no idea what it’s like to slog through the colossal Detroit auto show media preview. There were something like 50 new vehicle reveals spread out over two days, a press conference every 45 minutes or so. In the blur it’s easy to miss something. Fortunately, I live in the Detroit area so if I manage to not get photos or video of an important reveal or new-to-the-NAIAS vehicle, I can always go back during the Industry Preview that follows the press days. While reading Derek Kreindler’s NAIAS recap I realized that one of the cars that I missed was the Chevrolet SS performance sedan. A couple of months ago our colleague Bark M speculated that General Motors was not trying very hard to sell the new $44,000 SS. After photographing the SS at the NAIAS, I think that Bark M might have been on to something. (Read More…)
For the first time in nine years Volkswagen AG will likely sell more vehicles in China than General Motors, retaking the crown for the biggest foreign automaker selling cars in Chian, the world’s biggest automotive market. Both companies will sell more than 3 million cars and light trucks by the end of the year. Through November, VW is ahead by about 70,000 vehicles at 2.96 million, 17% ahead of 2012 figures. Competition is fierce between the two companies, who have planned to spend a combined $36 billion on operations in China in the near future. Last month VW said that it will be investing $25 billion over the next five years on expansion in China. (Read More…)