Foreign Affairs

French Government Claims Stellantis CEO's Pay Is Suspect

France has grown suspicious of Stellantis CEO Carlos Tavares’ compensation, which the government has dubbed irregular and indicative of a need for further financial regulations in Europe. The issue doesn’t appear to have much to do with where the money is coming from, but rather the size of his current payment package.

Tavares oversaw the merger between PSA Group and Fiat Chrysler Automobiles in 2021 while he was still CEO of the former company. Having previously climbed the ranks at Renault, the executive has served as chairman of PSA’s management board since 2014. Now heading Stellantis, Tavares is positioned to receive roughly $20.5 million in compensation for 2021. In addition to that, he’s reportedly eligible for a stock package worth an extra $34.7 million and long-term compensation of about $27.2 million — which the French government believes is too much.

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Honda Solidifies Its Existing Businesses

Honda Motor Company President Toshihiro Mibe’s first press conference, held April 23rd, was where he committed to solidifying Honda’s existing businesses.

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France Offering $3,000 Vouchers for E-Bikes If You Throw Away Your Car

France is offering 2,500 euros (about $2,993 USD) to individuals interested in purchasing electrically driven bicycles. But it’s pursuing the Cash for Clunkers mentality that often leaves us questioning whether the people instituting these environmental plans are familiar with the concept of conservation. Because the current proposal requires participants to throw away their automobiles before they’re granted access to the funds.

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Tires Made in Southeast Asia Will Be More Expensive

Tires from South Korea, Taiwan, Thailand and Vietnam are about to get more pricey, as the U.S. Department of Commerce (DOC) announced yesterday preliminary duties in the antidumping duty (AD) investigations of passenger vehicle and light truck tires from those countries.

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Automakers Understandably Freaking Out Over 'No Deal' Brexit

With Britain’s parliament rejecting Prime Minister Theresa May’s latest Brexit deal, European automakers stand to face some strong headwinds in the near future. As of now, no clear path lies ahead. Many believe the European Union will continue playing hardball, punishing Britain for leaving. But, even if it doesn’t, loads of regulatory and trade issues must be resolved in short order to avoid problems.

There’s also no shortage of hyperbole surrounding the issue. Just this morning I heard cable news call it “the largest crisis in Britain’s history,” as if World War II never happened. A channel away, another outlet proclaimed how splendid it would be for trade between the United Kingdom and United States.

Regardless of which side of the fence you fall, there’s more at stake here than Theresa May’s job. Automakers, who like consistency above all else, worry a no deal plan for “British independence” could be tantamount to flipping the industry table. They don’t like being caught up in the uncertainty surrounding Brexit, and there appears to be an endless list of issues to contend with.

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Rare Rides: The 1983 DeLorean DMC-12 - a Gold-plated Opportunity?

The DeLorean DMC-12 is forever linked to the classic film Back to the Future, where the stainless steel wonder was converted into a conveyance for the purposes of time travel. But the silver screen was not the only place the DMC-12 underwent a transformation. A certain credit card company had a PR stunt in mind that saw the DeLorean plated with 24-carat gold.

Our Rare Ride today is what happens when a private owner attempts the same thing.

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Rare Rides: The 1990 BMW Z1, a Little Bimmer Time Forgot

Though not the first BMW-powered vehicle in our Rare Rides series, and not the first with two doors, it is the first BMW convertible we’ve seen here. And the two aforementioned doors on this little convertible have One Simple Trick up their sleeve — disappearing into the body of the car. It’s the kind of detail you’d only expect on some crazy old Citroën.

But that’s not the only unique aspect of the Z1. Want to learn something?

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Domestics Abroad, Part III: The Unmentionables

Today marks the third and final entry in our Domestics Abroad miniseries. This is where we take a look at the models proffered around the globe that wear a domestic company’s badge on the grille, but are not offered in the brands’ domestic markets. This is ground zero for “you can’t get that here.” All nameplates you’ll see in this series are current production models.

We kicked off this series with Ford and its 13 qualifying models. Second was Chevrolet, which had 9 models accounted for, and one which I forgot (you can see it below the jump). The Unmentionables will cover the remaining international offerings from Buick, Dodge, and Ram.

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Domestics Abroad: Part II - Chevrolet's Foreign Fare

Today we feature the second entry to our Domestics Abroad series. Here’s where we take a look at the international models proffered around the world that wear a domestic company’s badge on the grille, but are not offered in their brands’ domestic markets. This is ground zero for “you can’t get that here.” All nameplates you’ll see in this series are current production models.

We kicked off this series with Ford, and its 13 qualifying models. Our second entry is Chevrolet, which also places second in number of models.

Here are Chevrolet’s nine entries, in alphabetical order:

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Rare Rides: Classic Talbot is a Simca or Matra, and Always a Rancho

Today’s Rare Ride was inspired directly by this comment on the Question of the Day, where I asked which car brand you’d bring back from the dead if given the chance. Commenter Menlo suggested the oft-forgotten Talbot, and specifically a unique vehicle they used to make.

Now we can all learn about the Matra Rancho.

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Peugeot Starts Its Return to the United States Market on April 1

A report released by PSA Groupe, maker of Citroën and Peugeot vehicles, details the first part of a 10-year plan to reintroduce PSA brands into the North American market, starting in the United States this week!

So, how do you feel about mobility solutions?

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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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Foreign Affairs: Suzuki Grand Vitara, Iran

There’s no question that I’m a fan of small, body-on-frame SUVs. For hauling various combinations of human and cargo across various terrains, smooth or otherwise, there is no substitute. In many parts of the world, the average roadway is somehow worse than even the Pennsylvania Turnpike, so a sturdy frame is paramount.

I’ve never been to Iran, but I’d imagine it’s one of those places where a rugged vehicle is required. Thus, it’s no surprise that the last-generation Suzuki Grand Vitara is still built there.

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Foreign Affairs: Troller T4, Brazil

I can’t believe it, but I’m about to argue that the American market needs another SUV. Seriously. No, please, don’t click away.

Really, beyond the various Wrangler derivatives, are there any true sport utility vehicles offered here any longer? Everything else is a unibody cute-ute or some monstrous limo/wagon hybrid that can’t handle a curb, let alone a rocky trail.

Plus, it has the perfect name for both the writers and readers of TTAC: Troller.

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Foreign Affairs: Chinkara Roadster S, India

The Indian auto industry is … unusual. Most personal transport is via motorcycle or scooter, but there is a history of car production spanning seven decades. As the country was one of Britain’s largest colonies, it’s not surprising that most of these cars are derived from English ancestors.

Enter the Chinkara Roadster S: an Indian interpretation of the iconic Lotus Seven, built with rough roads and ease of servicing in mind.

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Foreign Affairs: MG6, United Kingdom

As wonderful as the American marketplace is, there’s an entire world — literally — of cars out there that we just can’t get our hands on. In TTAC’s new series, “Foreign Affairs,” we look at forbidden fruit that you can buy brand new around the world.

As a not-so-closeted Anglophile, I’ve waited for the day that I could walk into an American showroom and drive home a new MG. The iconic octagonal badge reminds me of the MGBs that I restored with my father, and the possibility of a new car with that badge is another link to the man who made me a car enthusiast.

Of course, any time you buy an MG, there are three more letters that will come to mind: AAA. Buy the top-of-the-line package, with unlimited tows. Trust me.

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Foreign Affairs: Nissan Tsuru, Mexico

As wonderful as the American marketplace is, there’s an entire world — literally — of cars out there that we just can’t get our hands on. In TTAC’s new series, “Foreign Affairs,” we look at forbidden fruit that you can buy brand new around the world.

The Mexican new car market is remarkable. While plenty of good new cars come across the border, inciting at least one presidential candidate to threaten penalty taxes, its domestic market still continues to sell older gems, some of which are built to older safety standards. Even the Beetle was built there long after its sell-by date.

The car that fascinates me, naturally, is one I’ve previously owned: the Nissan B13-chassis Tsuru, known here in the U.S. as the 1991-94 Nissan Sentra.

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  • JOHN One is for sale on an ebay car donation site.https://www.ebay.com/itm/305579991767?itmmeta=01HYHVJ49MCC6HEWQY5AX9MX85&hash=item4725fca2d7:g:k9cAAOSw5V5mThFw
  • Scott So they are losing hundreds of millions of dollars and they are promising us a “Cheaper EV”? I wonder how that will look and feel? They killed the Fiesta because they claimed that they couldn’t make a profit on them and when I bought the first one in late 2010 they couldn’t deliver the accessories I wanted for it! Then I bought a 2016 Fiesta ST and again couldn’t get the accessories for it I wanted. They claimed that the components were going to be available, eventually. So they lost on that one as well! I don’t care about what they say anymore. I’ve moved on to another brand.
  • Michael S6 CX 70 or 90 will not be on my buying list. Drove a rental base CX 90 and it was noisy and the engine noise was not pleasant. Ride was rough for a family SUV. Mazda has to understand that what is good for Miata isn't what we expect in semi luxury SUV. My wife's 2012 Buick Enclave has much better Ride and noise level albeit at worse gas millage. Had difficulty pairing my phone with Apple CarPlay
  • Michael S6 What is the metric conversion between one million barrels and the number of votes he expects to buy.
  • NJRide This could give Infiniti dealers an extra product maybe make it a sub brand