#Industry

After a myriad of financial troubles and irresponsible corporate dealings, we assumed Faraday Future’s end was near. However, its spectral parent company now claims it has convinced more than ten Chinese companies to invest $600 million into its automotive division.

While the future of Faraday can not be considered even close to bright, the brand could theoretically hobble onward using this financial stimulus as a crutch.

In a letter addressed to General Motors CEO Mary Barra, renowned complainer singer Morrissey requested that the company offer vegan leather interiors for the Chevrolet Volt and upcoming Bolt EV. The request is part of a PETA campaign aimed at curbing leather production, helping electric car buyers enjoy all of the pleasures associated with animal skin seats without any of the guilt.

However, it turns out that General Motors already had something in the works.

Audi was in the market for a new technical development chief after losing the last two to Volkswagen’s emissions-cheating scandal. This time around it wisely decided to shop outside of the company store, poaching top Volvo R&D chief Peter Mertens.

The automaker has high hopes for its growing crop of Swedish-sourced talent.

Volkswagen will no longer bring diesel-powered vehicles into the United States, ending speculation that the company may have simply placed the technology on hiatus while the emissions-cheating snafu remained fresh in American minds.

Disgraced automaker Volkswagen AG is trying to smooth things over in the United States by promising to increase its commitment to North America. The company has stated that its core brand’s lineup will swell to include new electric vehicles slated for U.S. production in 2021.

The task of building those vehicles comes with a mountain of challenges.

BMW has announced to the world that it wants to increase electric vehicle sales to 100,000 units next year — choosing a figure that is hypothetically possible while remaining statistically unlikely.

Taking all bets.

Tranquility returns to North America as FCA’s ill-fated minivan assembly plant prepares itself for a return to active duty.

That, the used car rulebook is getting an update, an autoworkers’ union puts its hand out for government cash, and Porsche shrinks the price-tag and stretches the length of the Panamera … after the break!

Not knowing what to expect from President-elect Donald Trump once he moves into the White House, automakers spend yesterday issuing nice-sounding congratulatory messages that masked an industry-wide concern over what happens next.

Formal pleasantries aside, one automaker feels that Trump’s policies could stand to benefit its bottom line.

That sound you hear — besides that of pollsters hastily preparing new career paths — is the American automobile industry collectively holding its breath.

Donald Trump’s move from presidential candidate to president-elect, largely the result of disaffected voters in traditional manufacturing hot spots (though a nationwide movement to shake up D.C. can’t be ignored), could spell a tumultuous near future for automakers.

“May you live in interesting times,” the saying goes. How interesting remains to be seen.

Some California tuners are in hot water with Ford after bringing a custom Mustang to SEMA that intentionally looks like the blue oval’s flagship supercar.

That, Michigan’s historic Willow Run factory may be paving the way for the automotive future, Volkswagen is being sued by yet another state, and VW’s chairman is getting back up on the hook as German prosecutors place him back under the microscope… after the break!

Debt-heavy Fiat Chrysler Automobiles could do with some more spending money, so why not try something new?

Figuring it can squeeze more money out of its products — and boost its stock — if it focuses less on volume, FCA has embarked on a new sales strategy that isn’t new in the industry. Call it the General Motors Approach.

Imitation, as they say, is the sincerest form of flattery.

The auto industry’s average fuel economy for new vehicles sputtered upwards by 0.5 miles per gallon last year, according to recent data from the Environmental Protection Agency. While that may sound like cause for celebration, let’s not lose perspective. A statistical record high may be noteworthy, but not necessarily indicative of a new upward trend.

First, let’s try to figure out what happened last year to drive the industry average out of a period of mpg stagnation.

Volkswagen’s expensive diesel emissions scandal has forced cost cutting on anything that isn’t electric and its rally team is next on the chopping block. Quitting while ahead is ideal but abandoning a program due to financial woes and public shame after a hot streak doesn’t exactly smack of going out on top.

That, Toyota invents a box that allows anyone to use your car, Tesla’s zero-emission credits may soon be worth less, and Ford makes peace with its Canadian autoworkers at the buzzer… after the break!

General Motors and the Ford Motor Company both saw U.S. sales declines in the third quarter, but GM was the only one achieving earnings that widely beat expectations. Still, which company is playing the game better is up for debate.

This could turn out to be an Ant and the Grasshopper situation if there is another economic downturn on the horizon. The ant-like Ford could be more ready for an economic winter, while the improvident Grasshopper Motors is left out in the cold with acres of unsellable vehicles — forced to eat its own legs for sustenance.

Of course, if there isn’t an economic downturn, Ford is going to look like a lame duck next to GM’s golden goose.

There is something sincerely wrong with Fiat Chrysler Automobiles’ math, although things are starting to add up for why some of its sales numbers were so inflated.

That, Ford decides to get a little less global at the expense of the small car, Hyundai pays the price for lying, and parts suppliers see doom and gloom on the horizon for the automotive industry… after the break!