Posts By: Matt Posky

By on July 2, 2020

Dodge continues to parade its buffet of power ahead of the July 4th weekend, announcing the most aggressive versions of its coupe, sedan, and SUV. While the 2021 Dodge Durango lineup happens to be last we’ll cover, we wouldn’t consider it the least important — especially in regard to sales. Most transactions will come via the standard Durango model, which receives a number of exterior enhancements and sweeping upgrades to its interior.

But it wouldn’t have been right for FCA to just leave us with a better SUV after showing us what could be done with the Challenger and Charger. So it crammed the Hellcat’s 6.2-liter V8 inside the Durango before calling it a day, satisfied that it had finally done enough for enthusiasts before emissions regulations manage to ruin their lives forever. (Read More…)

By on July 2, 2020

You’ve probably never looked at the Dodge Charger SRT Hellcat and thought to yourself, “There’s no way I’m going to buy that thing until the factory makes one with 797 horsepower and a stop speed of 203 mph.”

Those are figures best left to high-end exotics even rich people rarely drive, not the plebeian family sedan. Besides, Dodge has already done so much to make the Charger as menacing as possible, and the Hellcat variant is already the fastest production sedan in existence. There would be nothing to gain by adding another 80 horsepower and 57 lb-ft of torque except continued bragging rights. It’s a preposterous notion. Yet Dodge happens to be a ridiculous company, absolutely loves bragging, and has earned the right to do so.

Our coverage of Dodge’s latest and greatest performance products continues with the all-new Charger SRT Hellcat Redeye. (Read More…)

By on July 2, 2020

Despite being an Italian-American company that will soon align itself with France’s PSA Group, Fiat Chrysler can still be unabashedly American whenever it lets Dodge off the leash. By adhering to the tenets of what (once) made domestic vehicles great, Dodge has bet the farm on providing quality family transportation that can be outfitted with more horsepower than any sane person could want at a price they couldn’t possibly ignore.

Dodge is putting its best on full display for Independence Day, letting the world know its priorities have not changed one iota. Yet there exists a sense — a gnawing feeling — that this could be the final round of truly mental V8 monsters to come out of America. Global emissions regulations and a new corporate structure could mean that SRT’s best may not be seen again for some time.

If that’s to be the case, Dodge has honorably decided to go down singing with some of the gnarliest machines yet to leave its stable.  (Read More…)

By on July 2, 2020

With the automotive industry seeing losses across the board, most investors could do nothing but watch in horror as sales reports showed the post-lockdown recovery had not yet begun. But there was a faction that ignored the carnage taking place around them and continued to pump money into their preferred auto brand until it became the most valuable automaker in the world.

While it’s a sin for you not to know, we are obviously discussing Tesla Motors — the infallible, gleaming beacon of modern-day motoring.

The firm officially surpassed mega-giant Toyota on Wednesday, with shares trading as high as $1,228 before tapering off in the evening with a market cap of around $220 billion.  (Read More…)

By on July 1, 2020

German prosecutors have incorporated Continental into a probe aimed at determining whether Volkswagen Group cheated on emissions testing. While confessing to the crime in the United States years earlier is a fairly good indication of corporate guilt, Germany wants to make extra sure VW was in the wrong and has branched out its investigation to include suppliers that may have played a role.

On Wednesday, the automaker acknowledged it had been subjected to yet another probe after investigators arrived to comb through its offices. The same treatment was given to supplier Continental, which is suspected of having some sort of involvement in a scandal the automotive industry can’t quite seem to move on from.  (Read More…)

By on July 1, 2020

Automotive retail magnate and part-time actor Mark Wahlberg has obtained another car dealership in Columbus (which may be renamed “Flavortown”), Ohio.

After having partnered with longtime friend and business associate Jay Feldman to scoop up Bobby Layman (now Mark Wahlberg) Chevrolet in 2018, the duo said they eventually hoped to expand their auto businesses. Feldman already owned a swath of dealerships in Michigan; the friends admitted they were eyeballing additional opportunities in the area.

They did not have to venture far. Wahlberg just purchased Haydocy Buick-GMC, which is right across the street from the Chevy showroom. The site has already been rebranded to include the Hollywood actor’s name and will immediately leverage his star power to reel in customers.  (Read More…)

By on July 1, 2020

When it comes to activism, it’s best to choose your battles carefully. Fortunately, there aren’t too many causes within the auto industry and most are easy to get behind.

Even though environmental activists sometimes find themselves at odds with reality, their hearts are usually the right place, and they’ve encouraged automakers to try new and interesting things with transportation. Safety advocates can likewise go overboard, but we wouldn’t have seen cars get dramatically safer (or heavier) since the 1970s if they hadn’t.

Our favorite has to be consumer advocacy, however. With the exception of the occasional predatory lawsuit looking to take advantage of a dumb corporate decision, there’s precious little to scoff about. It also tends to overlap with our pet peeves by decrying bad business practices within the industry. Case in point, the Consumer Access to Repair Coalition has recently asked Congress to rethink how vehicular data is shared — noting that automakers shouldn’t need real-time monitoring for repairs and that the technology likely poses an unnecessary security risk.  (Read More…)

By on June 30, 2020

Early adopters willing to toss cash at an exciting idea have been the lifeblood of modern-day electric vehicles. Without investors believing in Tesla and cramming its sweet cheeks full of cash, it never would have gotten to a point where it could actually manufacture cars. The same is true for the thousands of people dropping deposits on vehicles that have yet to be produced, let alone tested by the community.

It’s time to do the same for American hybrid truck designer Nikola, true believers. The all-electric startup is now accepting deposits on its prospective pickup truck. Due to arrive in a few years, the unit currently has no prototype. Under normal circumstances, we’d continue ribbing the company via monthly updates until it dissolves like Faraday Future. But its ludicrous market valuation seems to indicate that the hype is very real, even if the same cannot be said about its products.  (Read More…)

By on June 30, 2020

Uber Technologies is reportedly in negotiations to acquire Postmates, specifically for the purpose of incorporating the brand’s food-delivery services into Uber Eats and cashing in government lockdowns that look to ensure 2020 remains a perfectly dismal year.

Our collective loss may end up being Uber’s gain, however.

With constraints easing in most regions, ridership is slowly creeping back up. That will undoubtedly continue as risk-adverse urbanites choose to avoid the subway and bus lines for months to come.

Meanwhile, new restrictions on dining establishments are effectively forcing delivery services to become an umbilical cord between restauranteurs and their customers. Now is the perfect time to get a bead on the market and make moves, ensuring your place as the all-important middle man.  (Read More…)

By on June 30, 2020

Chinese electric car startup Byton will reportedly idle production next month as it attempts to reorganize itself. While the coronavirus emerged as a villain in this play, the issues confronting Byton actually seem pretty dire. The company isn’t just idling factories to address a health crisis, it’s shutting things down for six months while it engages in more fundraising and tries to pay what’s owed to employees.

That’ll be tough with no normal income. Byton has already furloughed a large portion of its staff in California and plans to cease all production in Nanjing. While we knew the PRC’s approach to electrification would ultimately result in countless EV startups going under, we didn’t expect Byton to be among them. Slick products, good marketing, and interesting designs made it seem like it could go the distance — now it seems wholly preoccupied with survival. (Read More…)

By on June 29, 2020

American Honda has joined a cadre of sizable brands opting to pause advertising on Facebook and Instagram in order to “stand with with people united against hate and racism.” It’s part of a broader campaign, called #StopHateforProfit, in which activists push brands to boycott social media giants until they enact stricter regulations about what constitutes actionable language that should be censored/penalized.

Over the last few days, we’ve seen numerous companies adopt the increasingly popular campaign, yet the reasons for doing so seem as varied as their individual terms and conditions. Multinational consumer goods company Unilever said it will scrap all social media advertising for the remainder of 2020 in the United States. While most attribute this primarily to hate-speech concerns, the company also noted that the contentious political climate on those platforms (including Twitter) having become undesirable for its own advertising purposes. Coca-Cola is similarly pausing social media spending for a few weeks, it’s made it clear that it’s not joining the official boycott, despite claims to the contrary in the news.

While Honda’s involvement in the movement is a little easier to follow, there are still a few twist and turns. (Read More…)

By on June 29, 2020

Having already pulverized the dead horse of waning auto sales into a fine paste, we’ll now turn our focus on how it’s impacting employment among automotive retailers — squashing another pony.

Much of the information up until this point has been anecdotal and conditional to the North American response to COVID-19. Furloughs were rampant as the pandemic progressed and new safety rules seemed poised to cripple sales moving forward. There was an obvious general plight confronting automotive retailers, but we couldn’t nail down what that meant in terms of job losses.

We still don’t, frankly. But it is starting to become obvious that there isn’t much reason to be exceptionally optimistic. AutoNation recently announced that around half of the 7,000 workers it furloughed in April won’t be coming back. Despite some retailers claiming not to need such drastic cuts, plenty are following AutoNation’s model. With fewer customers and sweeping restrictions on how showrooms can be operated, there’s little reason for there to be all hands on deck. But just how many will be forced to abandon ship this year?  (Read More…)

By on June 27, 2020

Always eager to slash delivery costs — especially if the government opts to stop subsidizing the company via the U.S. Postal Service — Amazon has been getting chummy with EV startups. It’s also begun exploring new business opportunities in regard to food delivery and ride hailing, resulting in sizable investments into both sectors.

On Friday, Amazon announced it will acquire California-based Zoox to help it further those goals. Coming off a staffing reduction of about 10 percent to contend with the pandemic, the company is currently focused on delivering an symmetrical, self-driving, zero-emissions vehicle that can compete on the currently nonexistent robo-taxi market. While the world’s 13th largest company (by revenue) seems like it would make good use of the property to advance its autonomous delivery program, corporate messaging seems to indicate Amazon is more interested in Zoox’s expertise in people moving.  (Read More…)

By on June 26, 2020

The California Air Resource Board (CARB) just passed a mandate that will require manufacturers of big rigs, heavy duty pickups, and some construction equipment to adhere to new zero-emission quotas and a carbon-credit system.

As all-electric 18-wheelers are in short supply, California wants to wait a few years to put the new rules into play. Still, it’s eager to get the ball rolling so it can start replacing diesel-driven transport with something from the battery-electric section. It also gives the state another opportunity to pat itself on the back despite not having any clue whether or not the strategy is economically sustainable. Even with battery technology moving at a fair clip, there’s a lot of engineering left to be done before these types of vehicles can become commonplace.  (Read More…)

By on June 26, 2020

PSA Group CEO Carlos Tavares has bucked the notion that his company’s merger agreement with Fiat Chrysler Automobiles needed its terms massaged. Living through the coronavirus should be proof enough that automotive partnerships are essential for weathering the coming economic storm, and that governments shouldn’t stand in the way — or so goes the theory.

During PSA’s annual shareholder meeting on Thursday, the CEO suggested that the poor condition the global auto industry finds itself in makes this a poor time to discuss the issue. Tavares believes the unsavory conditions created by COVID-19 makes cost savings even more vital and that partnering with another automaker is its best bet to stay healthy. “The merger with FCA is the best among the solutions to cope with the crisis and its uncertainties,” he said.  (Read More…)

Recent Comments

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