Tiny Vehicle's Thirst Means a Supersized Headache for Mitsubishi

Mitsubishi Motors has some ‘splaining to do after fuel economy figures for its tiny overseas eK wagon were proven to be false.

The automaker overstated gas mileage by five to 10 percent over the last three model years, Bloomberg reports, allowing the minicars to be classified as greener than they actually were.

Powered by small-displacement three-cylinder engines, the vehicles are called “kei cars” in Japan (no, not K-cars).

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Volkswagen Won't Even Look at Its First-Quarter Earnings

Nope. Nuh-uh. Not gonna do it.

That was Volkswagen’s reaction to the idea of publishing its first-quarter results on time, according to Automotive News Europe, meaning the automaker’s current financial standing will be unknown until May 31.

The beleaguered company has bigger things to deal with in the near term — mainly, meeting the U.S. government’s April 21 deadline for a fix for vehicles caught up in the diesel emissions scandal. An April 21 deadline was issued last month by U.S. District Judge Charles Breyer, extending a missed deadline on a one-time-only basis.

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'Green Cars Only' Laws: Coming to a Debate Near You
When you’re in conversation with a self-described urbanist, it’s usually impossible to avoid numerous references to Amsterdam, that progressive utopia of bikes, tulips, marijuana-smoking tourists, and more bikes.Well, expect to hear about it even more, now that Dutch parliament has passed a Dutch Labor Party motion to ban the sale of internal combustion vehicles in that country after 2025, according to Auto Express. The bill, which requires senate approval to become the law of the land, would see existing gas and diesel vehicles grandfathered, and the sale of new ones banned.
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Green Giant: Buick LaCrosse Hybrid Has Smoggy China in Its Sights

The Beijing Motor Show begins next week, but Buick couldn’t wait a minute longer.

At yesterday’s 2016 Buick Day event in Shanghai (was there a parade?), the automaker rolled out its LaCrosse Hybrid Electric Vehicle (HEV), a model tailor-made for the Chinese market.

China loves Buicks, and Buick loves them right back, so much so that the U.S. will get a Chinese-made model this fall. The LaCrosse HEV is part of General Motors’ plan to foist as many vehicles on China as possible.

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Is Volkswagen's Beijing Concept a Touareg Preview?

Volkswagen has teased a plug-in hybrid SUV concept bound for the Beijing Motor Show later this month, but the powertrain numbers are reminiscent of a model recently axed.

From the images provided, the Beijing Concept SUV has flanks far more sculpted than we’re used to seeing from Volkswagen, but it’s in keeping with the brand’s new design language. It’s a large SUV that looks to be of the two-row variety, a niche currently filled by the venerable Touareg.

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There's a (100-Mile) Ford in Your Future, But That's About It

Ford Motor Company is hitting the brakes in the electric vehicle range war.

While competitors like Tesla and General Motors are busy preparing EVs with ranges of 200 miles or more, Ford is staying put at the 100-mile line, Automotive News has reported.

Though it plays well in the plug-in hybrid game with models like the C-Max and Fusion Energi, the automaker’s only “pure” EV — the Focus Electric — has lingered near the back of the pack in terms of range since debuting in 2012.

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Should 54.5 MPG Stay or Go? CAFE Crams for Midterms

As regulatory bigwigs gear up for a midterm review of corporate average fuel economy (CAFE) requirements, will the 54.5 mpg target for light-duty vehicles get a haircut, or be deemed too unambitious?

Under a 2012 agreement between the federal government and automakers, cars and light trucks will have until 2025 to meet the 54.5 mpg target, which works out to about 40 mpg on the window sticker (for cars) after you ditch the fancy math. That target isn’t set in stone, and the midterm review will take into account the state of the market — and existing technology — when it reviews its goals for the 2022-2025 period.

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EPA Ends Bid to Further Justify Itself

The Environmental Protection Agency (EPA) is dropping proposed policy language that would have done, well, nothing.

That’s right, and it would have made a great Seinfeld story line: faceless bumbling government agency seeks to reframe public debate with a redundant, unenforceable, and unnecessary policy revision only to meet unanticipated wrath from industry and enthusiasts, forcing it to ultimately retract its proposal.

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Tesla Model 3 Nears 400,000 Orders; Sergio Disses Musk

Orders of the life changing, marriage-saving Tesla Model 3 are poised to hit 400,000, but Fiat Chrysler Automobiles CEO Sergio Marchionne doesn’t think they’ve got the right stuff.

Diarmuid O’Connell, Tesla’s vice-president of business development, confirmed the number of orders at an electric vehicle conference in Amsterdam yesterday, two weeks after the low-priced model’s glitzy unveiling, Electrek has reported.

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Movin' on up: Tesla's Model X Boasts a Bigger Base Battery

Changes to the Tesla lineup have never come at a more rapid pace.

After revealing the new face of the Model S yesterday, and two weeks after unveiling the Model 3, Tesla has kept the news flowing by ditching the 70 kilowatt-hour battery in the base Model X for a 75 kWh juice pack — and bumping up the price to match.

The all-wheel-drive SUV doesn’t get any faster with the upgrade — the 0-60 mph time is still six seconds — but the 75D can now travel 17 miles further on a charge, going from a 220-mile range to 237 miles.

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Office Space: Ford Goes Green With Its 10-Year Plan

Referring to one’s corporate buildings as a campus is en vogue, from Apple’s planned Spaceship HQ to the Googleplex in Mountain View, California. Yesterday, Ford Motor Company announced plans to transform its facilities in Dearborn into a green, modern, and high-tech work environment.

The 10-year plan will co-locate over 20,000 employees in the Dearborn area. Ford currently has a hodgepodge of more than 70 disconnected buildings along Oakwood Boulevard, many of which have been around since the Falcon and Galaxie were being sold in showrooms.

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Eyes Without a Face: Restyled Tesla Model S Revealed

Grilles are so 20th century.

As we speculated last week, Tesla has put a new face on its Model S, doing away with the faux grille designed to trick people into thinking there was something combusting under the hood.

The new front end is a corporate amalgam of the both the recently unveiled Model 3 sedan and Model X SUV. Tesla apparently thinks that society has progressed enough to accept the disappearance of an air-sucking mouth at the front of a car.

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Juggling Act: Tesla Will Have to Deal With a Tax Credit Gap

Much to the delight of EV fanatics and sandal enthusiasts around the world, Tesla reported last week that 325,000 people had placed refundable $1,000 deposits on its Model 3 sedan. Even pessimistically projecting a defection rate of 25 percent, that’s still nearly a quarter of a million cars which need to be built and delivered starting late next year.

Industry analysts have nattered at length about the logistics of the mass order and Tesla’s ability to pull it off. However, there is a new obstacle on the horizon, this time involving the core reason many have given for reserving a Model 3: tax credits.

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Take a Little Off the Top Come Bonus Time, Mller Tells Volkswagen Management

Volkswagen CEO Matthias Müller is expected to cave to shareholder and labor pressure today and ask that his management board agree to trim their bonuses by 30 percent, insider sources have told Reuters.

Will it satisfy dealers and vehicle owners stuck with depreciated rolling stock? Not. Bloody. Likely.

The request, if it comes to pass, comes after workers unions and the state of Lower Saxony (Volkswagen’s home and its second-largest shareholder) protested the idea of senior management receiving full compensation while the diesel emissions scandal continues to rage.

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Forget the Model 3, the Tesla Model S Could Look Different Soon!

Suffice it to say the Model 3 has consumed all of the Tesla oxygen in the past few weeks, but that doesn’t mean the Model S is just going to roll over and play dead.

Sources inside the company told CNET that a changes are coming for the ground-breaking electric sedan, possible as early as next week. If true, Tesla founder Elon Musk clearly knows a thing or two about sustaining buzz.

The shadowy source claims the Model S will receive an exterior facelift and a slight move upmarket thanks to more luxurious interior trappings.

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Nissan Wants More EVs, Might Produce an Electric Sports Car

Is there a Nissan competitor to the BMW i8 in the works? A senior executive has hinted there might be.

Speaking to Auto Express, senior vice-president Shiro Nakamura said an electric sports car is one option the automaker is considering for its upcoming modular vehicle platform.

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Tesla Model 3 Reservations Hit 325,000, Musk Rejoices Somewhere Cool and Fancy

As promised, Tesla has revealed the tally for first-week orders of the upcoming “affordable” Model 3 electric car, and it’s good news for the company.

It’s also bad news if you ordered late and are hoping to show off your ride anytime soon.

As of today, the electric automaker has taken over 325,000 reservations on the 215-mile range Model 3, which translates into an eventual $14 billion in revenue if no one backs out. With each buyer putting $1,000 down on their order, that means Tesla just made a cool $325 million that could be used to ready the vehicle, and the company’s facilities, for production.

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France Begins Process of Wooing Elon Musk

Tesla founder Elon Musk wants to build a new European factory to satisfy growing demand on the continent, and France knows just the place he should do it.

French Energy Minister Segolene Royal reportedly pitched the idea of using the site of a soon-to-be-mothballed reactor to Musk, according to Reuters (via Automotive News Europe).

“He didn’t say no,” said Royal, who plans to follow-up the pitch by meeting with Tesla management.

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Hyundai Green Chief Says 'Meh' to Hybrids and Electrics, Dives in Anyway

“It’s a headache,” said the Hyundai vice president in charge of eco-friendly vehicles of his company’s efforts to chase Toyota and others in building green vehicles, Automotive News has reported.

Speaking at a South Korean electric car expo, Lee Ki-Sang, senior VP of Hyundai’s Eco Technology Center, went on to state that 26 hybrid, plug-in, full-electric, and fuel cell models will arrive by 2020, but added that Hyundai and Kia’s relatively small home market of Korea will make these moves risky and “difficult.”

One would think that the executive charged with building and selling an innovative line of vehicles would discuss the development of said vehicles with more than a simple yawn.

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Mitsubishi Plans to Boost Sales With Blown Engines

Mitsubishi has a plan to gain market share in the U.S. that’s right out of the ’80s.

Dealers were told during last weekend’s National Automobile Dealers Association conference that Mitsubishi will introduce turbocharged engines to model line, according to Automotive News.

The forced-induction renaissance will begin with a 1.5-liter mill powering the automaker’s planned midsize crossover, expected in 2018, which will slot between an enlarged Outlander and the Outlander Sport.

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Volkswagen's European Diesel Recall Grinds to a Halt, Post-Fix Mileage Blamed

Volkswagen’s slow roll-out of fixes for recalled diesel vehicles in Europe has hit a snag.

Authorities in Europe have put the brakes on a series of Volkswagen recalls after greater fuel consumption was allegedly recorded in models that have undergone the diesel emissions fix, Automotive News Europe is reporting.

Reports say that fuel economy suffered after the fix, forcing Germany’s Federal Motor Transport Authority (KBA) to halt the repairs of 2.0-liter Volkswagen, Audi and Skoda models.

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LEAKED: Volkswagen Sends "EcoPlus" Diesel Fix to Customer

It looks like Volkswagen has inadvertently sent a fix for its illegally polluting TDI vehicles to a customer, along with a letter spelling out the costs of said fix.

The fix, which is included on an OBD II adapter, wasn’t supposed to be sent with the letter, explained the TDI owner who wished to remain anonymous. Other TDI owners can expect to receive their fix in the next 90 days, says the letter.

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Revealed: The Tesla Model 3 Offers 215 Miles of Range and a Vague Delivery Date

The Tesla Model 3 had its curtain of hype lifted tonight, and it exists after all.

Sleek, with pronounced shoulders and a roofline that slopes to the decklid, the newest Tesla remains over a year away from production, but at least it now has a face.

Or lack thereof. But more on that later.

Tesla founder Elon Musk said the Model 3 will have an EPA-rated range of “at least” 215 miles, and will retail for $35,000. Every Model 3 — even base versions — will hit 60 miles per hour in less than six seconds.

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Act Fast, and Get a Ford Focus Electric for Pennies

If you live in California and your demographics are right, your electric car dream is within reach. Yes, even you, baristas and struggling actors!

The website Leasehackr stumbled upon a killer deal for lower-income Californians (assuming they live near charging stations), and spelled out how leftover 2015 Ford Focus Electrics can be leased for essentially nothing.

If your personal life aligns with Ford’s customer incentives and California’s revamped EV rebate program, it can be done.

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Volkswagen Targeted by Federal Trade Commission Lawsuit

It wasn’t so clean, was it?

The Federal Trade Commission filed suit against Volkswagen on March 29, claiming the automaker’s “Clean Diesel” ad campaign was a deception that tricked buyers into purchasing its supposedly eco-friendly vehicles.

By filing the complaint against Volkswagen, the FTC (which can’t levy fines) would be able to seek compensation for buyers via a federal court order.

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TTAC News Round-up: Volkswagen E-Stall, Jeep Debut Has a Latin Flavor, and GM Has a Good Day in Court

If you didn’t think an electric car could stall, Volkswagen has a Golf-sized dose of reality for you.

That, Jeep’s Compass/Patriot successor wants to woo south of the Equator, General Motors gets some good legal news, there’s money in them there charging stations, and Volvo gets a PR boost … after the break!

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Don't Worry, Dyson's Got This Electric Car Thing in the Bag

The maker of all things that blow is apparently sucking up some government cash to build an electric car.

Britain’s The Guardian is reporting that Dyson is receiving a public subsidy from the British government to develop an EV, a project that will no doubt draw from the company’s depth of knowledge regarding small electric motors.

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Volkswagen Gets a New Diesel Deadline, But There Won't Be Another

After missing today’s deadline for a U.S. emissions fix, Volkswagen has been issued a new one, and will now face a summer trial if the date passes without a plan to cure its diesel ills.

The extension of the deadline until April 21 was issued by U.S. District Judge Charles Breyer, who had earlier set the March 24 deadline for the embattled automaker, Reuters is reporting.

The consensus of today’s meeting in California between Volkswagen, the Environmental Protection Agency and the California Air Resources Board was that progress had been made in reaching an agreement on how to deal with 580,000 Volkswagen diesels equipped with pollution-causing defeat devices.

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TTAC News Round-up: Mazda Doesn't Need No Stinkin' Hybrids, Volkswagen Rebuffs Deadline, and March Looks Like a Winner

“Hybrids? Those things that can’t make up their mind on what they want to be in life? Come on!” – Mazda.

That, Volkswagen floors the accelerator past a deadline, March looks like a boffo month for vehicle sales, Audi dials it back a bit, and getting a Tesla Model 3 depends on whether or not you’re in the club … after the break!

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NYIAS: Sir Mixalot Called and He Likes Your New Mitsubishi Mirage G4

Mitsubishi today pulled the cover off its new Mirage G4 sedan, which adds a longer wheelbase and a trunk to the occasionally-maligned subcompact, the 2016 New York International Auto Show. As we noted with the restyled hatchback, 4 more horsepower — for a total of 78 — will hum from the Mirage G4’s 1.2-liter three-cylinder engine, and Mitsubishi will make available Android Auto and Apple CarPlay as an option.

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No More Regrets: Tesla Will Now Upgrade Your Ludicrous-less P90D For an Insane Price

For Tesla Model S P90D owners who have concluded they won’t soil their firm, supportive seats if given the chance to go faster, well, they’re in luck.

Tesla Motors is offering to bring “Ludicrous” mode to owners of the top-end Model S as an aftermarket upgrade, assuming their wallet can match their need to blow everything else out of the water.

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TTAC News Round-up: Ford Soothes Investors, Dodge Gets Its DiCaprio Moment, and Kentucky Aims for Volkswagen's Center Mass

Ford is doing so well, you’d be a damn fool to ever think of not investing in Ford, says Ford.

That, hiring a crop of cranky old people paid off for Dodge, Kentucky joins the let’s-sue-Volkswagen party, Honda gets a Hoosier boost, and ethanol continues to suck … after the break!

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BMW's Game Plan: Connectivity, Autonomous Technology and a Whole Lot of Plug-ins

BMW Group is laying out its game plan for the future, and it includes a lot of new electric vehicles.

Beyond the marketing buzzwords, there’s much similarity between BMW’s plan, released yesterday, and those of so many other automakers: building high-tech convenience and connectivity into their vehicles, diversifying their electric offerings, developing autonomous driving technology, and making the customer feel extra special.

The immediate effect on BMW’s rolling stock will be an expanded “i” range of all-electric or plug-in hybrid models, starting with a convertible version of the i8 and a longer-ranged version of the i3 by the end of this year.

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Volkswagen Prepares Its Pollution Penance

After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports.

The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting from the diesel emissions scandal.

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Showdown Over EPA Racecar Regulations Begins in Congress

Is it curtains for modified street cars on the racetrack, or will a compromise save the day?

The first meeting of a congressional committee tasked with deciding the fate of drivers who race modified street vehicles took place on March 15, and a glimmer of hope emerged, according to Jalopnik.

Earlier this month, a bipartisan bill — Recognizing the Protection of Motorsports Act of 2016 — was introduced in the House of Representatives and Senate in a bid to make converted race vehicles exempt from proposed Environmental Protection Agency regulations.

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TTAC News Round-up: Kia Invades Russia, German Diesel Fix Delayed, and a Porsche Payout

The Russian car market is looking grimmer than the last days of the Romanov family, but that’s proving to be a big opportunity for Kia.

That, a delay for Volkswagen’s overseas diesel fix, Porsche employees are rolling in dough, electric rallycross could be on the way, and FCA soars in Europe … after the break!

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Volkswagen Investors Want an Expensive Pound of Flesh

The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker.

As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is reporting.

The lawsuit was filed Monday in a Lower Saxony court — the same jurisdiction as Volkswagen’s headquarters — and alleges the automaker breached its duty under capital markets law between the time the “defeat device” was first installed in diesel models and when the scandal went public last September.

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TTAC News Round-up: Toyota's a Big Tease, New Lada Savior, and Buick Puts the Avista Away Forever

Toyota is hoping to break the internet with an alluring butt shot of an upcoming Prius variant.

That, a new guy will turn around Lada (again), Buick says you’ll never drive an Avista, the second GM ignition trial begins, and Google’s got its eye out for buses … after the break!

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If You Can Handle a Color From 1970, You Could Be Dodge Material

The paint — erm, act could be wearing thin.

In its latest nod to the heady and far-out past, Dodge will let you have your Challenger or Charger SRT 392 or Hellcat in its newest resurrected color, “Go Mango.”

Joining other blast-from-the-past(els) like “Plum Crazy,” Go Mango was offered for the first time on the 1970 Challenger — a legendary car from a truly great year, assuming you weren’t in Vietnam or a Jimi Hendrix fan.

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GKN Wants Compact Car Makers to Demand More From Their Rear Axles

Front-wheel drive, four-cylinder cars have defined the automotive C-segment for decades, but maybe these automakers aren’t dreaming big enough.

That’s the message being sent by global technology supplier GKN Automotive, which really, really wants automakers to buy a lower-cost version of its eAxle for use in affordable compacts. GKN says the unit would allow the segment to more easily offer electric all-wheel drive and plug-in capability.

Developed by the GKN Driveline division, a high-end version of the eAxle exists in the BMW i8, Porsche 918 and Volvo XC90 T8 plug-in.

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GM is Spending a Lot of Cash so You Don't Have to Drive

General Motors wants you to have more texting time in your car, and it’s dropping a lot of cash to see that it happens.

The company announced Friday that it will purchase San Francisco-based Cruise Automation in order to access and advance its self-driving vehicle technology, a buy worth upwards of $1 billion, Fortune reports.

The three-year-old startup has been busy gathering investor capital to develop and push aftermarket kits designed to turn regular vehicles into autonomous cars.

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TTAC News Round-up: Subaru Goes Beyond the Beige, Battery Battle at Porsche, and Tesla Confuses Economists

Subaru, worried that it might be losing its coolness, could be planning to rebel against its new-found mainstream image.

That, Big Battery picks up steam, Tesla’s stock turbulence continues to amaze, NASCAR wants Millennials to watch a race, and Porsche thanks its lucky stars for SUVs … after the break!

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Volkswagen to Slash Office Jobs by Next Year, Says Report

Like ripples in a pool of sulphur-rich oil, the impact from Volkswagen’s diesel emissions scandal keeps spreading.

In a cost-cutting measure designed to mitigate the growing financial damage caused by the scandal, Volkswagen is planning to cut 3,000 administration jobs in Germany, according to Reuters.

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TTAC News Round-up: Honda Wants a Cheaper Future, Cash for Airbag Woes, and Tesla Races Itself

The world needs to be saved, but who wants to spend more money doing it?

That, cash lands on Takata-plagued dealers, Tesla takes to the track, BMW wants you in and out fast, and Volkswagen dreams of slaying the Prius … after the break!

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BREAKING: Volkswagen Group of America CEO Michael Horn Resigns

Volkswagen’s American operation is looking for a new leader.

Michael Horn, president and CEO of Volkswagen Group of America, stepped down effective immediately on March 9.

The company stated that Horn departed in mutual agreement with the company, and will be pursuing other opportunities.

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Unfixable Volkswagen Diesels Could Keep Living the California Dream

There’s a chance that older Volkswagen TDI models branded as pollution monsters in the ongoing diesel emissions scandal could keep rolling along the avenues and alleyways of the Golden State.

On March 8, California’s air regulator floated the idea that diesels that can’t fully be brought back into compliance with state laws might get a pass, according to Reuters.

Tod Sax, chief of the California Air Resources Board’s enforcement division, admitted that bringing every one of the state’s approximately 82,000 afflicted diesels up to code is probably not possible.

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TTAC News Round-up: New Salvo Hits Volkswagen, Korean Competition Looms, and Benz Big on Batteries

After seemingly using up its legal arsenal against Volkswagen, the U.S. is pulling its backup out of an ankle holster and taking another shot.

That, Kia and Hyundai might get a Korean competitor, Mercedes-Benz is feeling charged up, Audi is still a fuel cell fan, and Volvo wants to standardize EV recharging … after the break!

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It's a Day That Ends With "Y", Meaning More Bad News for Volkswagen

There’s never a dull moment at Volkswagen, and today the automaker finds itself fighting battles on so many fronts they’ll soon be wishing for General Eisenhower’s plotting table.

As the company steels itself for further bad terrible financial news, German prosecutors have widened their probe into the diesel emissions scandal and targeted 17 Volkswagen employees.

The new headcount is a big jump from the earlier six suspects, and authorities have said they’re not done looking. So far, none hail from Volkswagen’s management board, but Klaus Ziehe, a spokesman for the state’s attorney’s office, has said that management involvement has not been ruled out.

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Bipartisan Bill Aims to Kill EPA Racecar Regulation

Attention, racecar enthusiasts: Your Congressional representatives are looking out for you!

Normally, this phrase would be met with suspicion and outright fear, but for those fighting the Environmental Protection Agency’s proposed regulation on racecar conversions, it’s the best news they’ve had in weeks.

A bipartisan bill introduced in Congress would protect the track-only use of modified street vehicles for use in competition, a practice the EPA is seeking to prohibit.

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TTAC News Round-up: Tesla Range Rumors Fly, Lada Needs a Miracle, and Nissan Dreams Big

Is Tesla planning a Model S update that squeaks past 300 miles of range?

That, a savior is needed at Lada’s parent company, Nissan wants your future car to be everything, Ford goes all in down under, and pedestrians and cars are meeting frequently … after the break!

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TTAC News Round-up: North Korea's Good Times Threatened, Suzuki Cashes Out, and an EPA Backup

New U.S. sanctions might spell the end of the glorious, glorious era of North Korean vehicle production.

That, Suzuki asks for its winnings and staggers home, automakers are being slowed down by the EPA (and it’s all Volkswagen’s fault), Audi still loves diesels (and so do you, America!), and Volvo tries to spice up its life … after the break!

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Marchionne to Apple: Pick Me! Pick Me!

It seems Sergio Marchionne may be switching teams when it comes to shacking up with another company to build cars of the future, reports Bloomberg.

At the Geneva International Motor Show, the self-confessed Apple geek said that Fiat Chrysler Automobiles would be well-suited to contract build a car designed in California.

“I would assume that we have the credibility to be one of the players they have looked at,” Marchionne said in Geneva. “There are parts of us that would be interesting for them.”

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Elio Motors Stock Soars in Over-The-Counter Trading

(Caveat: I know nothing at all about stocks, bonds or other financial instruments.)

After automotive startup Elio Motors raised approximately $17 million dollars in a Reg-A+ stock offering the company crowdsourced from small investors via StartEngine, it said its shares would be listed on the OTCQX exchange to provide those investors with liquidity.

It’s probably too early to call Elio another Tesla (whose own market capitalization probably exceeds its actual value), and I don’t know how many of those investors are going to sell their stock so soon. But, if they did, they would have more than doubled their money in less than two weeks as of Monday’s close.

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Mercedes-Benz Hasn't Escaped the Diesel Dragnet

After staying relatively clean in the ongoing diesel emissions scandal that’s keeping European automakers up at night, Mercedes-Benz now finds itself the potential target of an Environmental Protection Agency investigation, Automotive News Europe reports.

The EPA’s request for information targets the nitrous oxide emissions of the company’s Bluetec diesel engines, and comes less than two weeks after a class-action lawsuit was filed by law firm Hagens Berman (of General Motors ignition switch fame).

Yes, that sound you’re hearing is executives loosening their collars in Stuttgart.

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Feinberg: Volkswagen Will Offer 'Generous Solution' to U.S. Customers

Kenneth Feinberg, the man behind Volkswagen’s claims fund, stated American VW TDI customers should expect an offer that will make them very happy in an interview published this weekend.

When asked by Frankfurter Allgemeine Sonntagszeitung (via Reuters) what he will offer the more than 500,000 Americans who own dirty diesels, he replied, “I can promise that there will be a generous solution.”

What that solution will be is anyone’s guess, including Feinberg’s.

“The jury is still out, and at the moment all options are up for debate: cash payments, buybacks, repairs, replacements with new cars,” he said.

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Volkswagen is Buying Back Dirty Diesels, But Not From Owners

Volkswagen Group of America has begun the process of buying back cars affected by the ongoing diesel emissions scandal, but you shouldn’t expect to receive a letter or phone call with a buyback offer anytime soon.

VW is going ahead with a buyback program that will see the automaker acquire affected vehicles from dealers’ certified pre-owned (CPO) inventories, a source familiar with the plan told TTAC.

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TTAC News Round-up: Ford Leaving Japan, Indonesia; Detroit's Big Show; Kia Rio GT Coming?

The big Blue Oval is setting in the Land of the Rising Sun.

That, Volkswagen’s labor boss doesn’t like what he hears, Detroit’s big show and Kia’s big plans for the Rio … after the break!

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China Firm On Cutting Green Car Subsidies By 2021

China’s finance minister said Saturday that the government will end green car subsidies by 2021 and let its market dictate whether EVs or plug-in hybrid can sell on their own in the country, Reuters reported.

Lou Jiwei told reporters that the government would cut subsidies by 20 percent over the next two years, by 40 percent before 2020 and eventually end subsidies altogether by 2021, according to the report.

China surpassed the U.S. last year in electric car sales, in part because of the government’s aggressive support. Few electric cars made in China are available outside the country, however its expected that Cadillac will build in China and sell in the U.S. a plug-in version of its CT6 sedan.

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Report: Opel Secretly 'Fixed' Cheating Zafira Diesels

A Dutch journalist said Opel dealers are secretly updating emissions control software to bring into compliance cars equipped with the 1.6-liter diesel engine, disguising the fix as an unrelated software update.

Opel issued a statement strongly denying that it was changing emissions of its cars.

Dutch news site VRT News said it tested two cars with and without the updates and said emissions of nitrogen oxides were significantly reduced — more than half in one car and by three-quarters in another car.

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Elio Motors Brings Latest Prototype, Stock Sale & Other News to Detroit

The small crew of folks who make up Elio Motors brought the latest, fifth generation, developmental prototype of their reverse trike to the 2016 North American International Auto Show in Detroit. Paul Elio gave a press conference going over what progress the company has made moving towards actual production, including some details about their recent stock offerings that will fund the building of 25 pre-production prototypes.

I’ll get to the press release stuff in a bit. First I want to talk about the car, errr, autocycle, and the third-class of motor vehicles for which the company is lobbying regulatory acceptance.

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  • ToolGuy This podcast was pretty interesting. I listened to it this morning, and now I am commenting. Listened to the podcast, now commenting on the podcast. See how this works? LOL.
  • VoGhost If you want this to succeed, enlarge the battery and make the vehicle in Spartanburg so you buyers get the $7,500 discount.
  • Jeff Look at the the 65 and 66 Pontiacs some of the most beautiful and well made Pontiacs. 66 Olds Toronado and 67 Cadillac Eldorado were beautiful as well. Mercury had some really nice looking cars during the 60s as well. The 69 thru 72 Grand Prix were nice along with the first generation of Monte Carlo 70 thru 72. Midsize GM cars were nice as well.The 69s were still good but the cheapening started in 68. Even the 70s GMs were good but fit and finish took a dive especially the interiors with more plastics and more shared interiors.
  • Proud2BUnion I typically recommend that no matter what make or model you purchase used, just assure that is HAS a prior salvage/rebuilt title. Best "Bang for your buck"!
  • Redapple2 jeffbut they dont want to ... their pick up is 4th behind ford/ram, Toyota. GM has the Best engineers in the world. More truck profit than the other 3. Silverado + Sierra+ Tahoe + Yukon sales = 2x ford total @ $15,000 profit per. Tons o $ to invest in the BEST truck. No. They make crap. Garbage. Evil gm Vampire