Woosh, the Money's Gone: Garrett Files for Bankruptcy

U.S. auto-parts manufacturer Garrett Motion filed for Chapter 11 bankruptcy over the weekend. The announcement comes as ex-parent Honeywell International decided it could do without turbochargers and spun the company off in 2018. Garrett claims it lost a bunch of money during coronavirus lockdowns, like so many others, and was dumped by Honeywell only to be saddled with financial liabilities related to asbestos-exposure claims.

But Garrett has also said it’s entering into a purchase agreement with the private equity firm KPS Capital Partners LP for roughly $2.1 billion, providing more than a shred of hope things will turn out okay. While other firms can take a whack at buying the turbo supplier, they must be willing to cover its corporate debt by exceeding the existing bid and will likewise be subject to court approval. Garrett thinks it can still come out on top and wrap the sale by the start of 2021 without interrupting production any more than the pandemic already has.

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It's Turbo Time: Mazda Boosts the CX-30

If you ever thought, “Gee, I like this Mazda CX-30, but it could stand to offer a skoosh more power”, well, Mazda has news for you.

Yes, that’s right – “dude, you’re getting a turbo!”

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Junkyard Find: 2002 Saab 9-3 SE

During my years of documenting discarded Saabs in junkyards around the country ( and in Saab’s homeland), I’ve managed to cover the pre-GM American-market models well enough, with a special focus on the 900. In recent years, I’ve been working to cover some of the Saabs from the period of General Motors influence (1989-2000) and control (2000-2010).

I may never find an example of the ultra-rare 9-4x, but it’s easy to find used-up Opel Vectra-based 9-3 these days — and I vowed to photograph the first one I saw on a recent Denver junkyard expedition. That car turned out to be this Silver Metallic 2002 9-3 SE hatchback.

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Junkyard Find: 1995 Volvo 850 Turbo Wagon

When I’m strolling through my favorite junkyards and looking for significant bits of discarded automotive history, I’m always on the lookout for interesting Volvos. Thing is, my definition of interesting has long spanned the PV544/Amazon Era through the Late Rear-Wheel-Drive Brick Era, meaning that the universe of front- and all-wheel-drive Volvos beginning with the 1993 850 has been neglected in this series.

Lately, I’ve been making an effort to fill in some of those blank spots in the junkyard record, and so I went out and found a ’97 850R sedan and today’s find: this 1995 850 Turbo Wagon.

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Junkyard Find: 1990 Volvo 740 Turbo With Nearly 500,000 Miles

One of the frustrating things about my job looking for interesting discarded vehicles is the fact that most cars and light trucks didn’t start getting six-digit odometers until the 1980s or even the 1990s. I find vehicles that I know must have racked up incredible total mileage figures, but their odometers all turned over (once? ten times?) when they got past 99,999 miles.

Fortunately, Volvo felt sufficiently optimistic to adopt the six-digit odometer way back in the 1960s, so I was able to read a very impressive figure on the one in this 740 wagon: 493,549 miles.

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TTAC Project Car: The Deeper You Go... (Part II)

Do enough tasks independently from each other and there’s enough content for a two-fer update on TTAC’s Ford Sierra.

So let’s get to it.

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TTAC Project Car: The Deeper You Go…

Most of this dialogue happened:

Brian: “My wife and kids are going on vacation somewhere I’d never go (Disney World) so that’s a good time to drive up to Dallas and work on the Sierra.”

Me: “Your family just had to pick the hottest week of the year to dump you on me, didn’t they?”

Brian: “Shut up, Sanjeev! Get over here and work on your stupid brown car!”

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BMW Vision M Next Concept Revealed, E-Mobility Schedule Advanced

As part of BMW’s big #NEXTGen event, the Vision M Next concept shows what the future of “The Ultimate Driving Machine” will look like. This comes in conjunction with an announcement that the targeted 25 electrified models are being pulled ahead by 2 years, to 2023.

BMW Group’s latest innovations in areas of design, autonomous driving, connectivity, electrification, and services are being showcased at the #NEXTGen event. According to Adrian van Hooydonk, Senior Vice President BMW Group Design, “the BMW Vision M NEXT demonstrates how state-of-the-art technology can also make the experience of driving yourself purer and more emotionally engaging.”

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Junkyard Find: 2001 Volkswagen New Beetle Sport

The early-21st century fad for retro-styled cars, including the PT Cruiser, Chevrolet HHR, Mini Cooper, and Fiat 500, got its start with the late-1990s introduction of the Volkswagen New Beetle (we’re still waiting for a Nissan model made to look like the Datsun F-10). Like most people (and especially like most who had ever owned a real air-cooled Beetle), I grew weary of the sight of these allegedly cute cars after a few years, and as a result I’ve been ignoring the many examples I find during my junkyard travels.

These cars make up an important piece of our collective automotive history, though, and I resolved that I’d shoot the first one I found on a recent wrecking-yard trip. Here it is, straight from the Denver U-Pull-&-Pay!

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2019 Infiniti QX50 Review - Owner of a Lonely Heart

Think of an occasion in which something really good appeared in a place where it was underappreciated. A fantastic steak at the downtown greasy spoon, perhaps? Beautiful new windows installed in a student rental house? My writing on this website? Wait, I wasn’t supposed to say that last one out loud…

Buried in the mire of Ghosngate at Nissan is some nifty new tech that should be turning the car world on its ear. The company’s variable compression engine, displacing an industry-typical 2.0 liters from a turbocharged four pot, is actually about as far from industry-typical as Yugo was from being a class leader in fit and finish. It’s able to vary its compression from 8:1 to 14:1, thus offering the best of power and economy characteristics. It’s been called the “holy grail.”

So where does this engineering marvel and technological triumph first appear? In the company’s sports car? Don’t be silly. It’s under the hood of a grey crossover, of course.

Talk about being underappreciated.

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QOTD: 500-horsepower Four-bangers?

It wasn’t too long ago that four-cylinder engines were the domain of miserable econoboxes. Look no further than the wretched-but-reliable Iron Duke for proof of four-pot motoring misery.

These days, it’s a very different story. Four-bangers are found in everything from high performance sports cars to burly half-ton pickup trucks. We’re already in the realm of 400 hp examples of the breed (the new AMG A45, et al), so for today’s question let’s go one step further: who’ll be the first to build a 500 hp four-cylinder engine for the general public?

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Junkyard Find: 1989 Pontiac Sunbird GT Turbo

Since The General built cars on the J Platform from the 1982 through 2005 model years, I still see numerous examples of the J during my junkyard travels. Most of those are late-production Cavaliers and Sunfires — not so interesting — but today we’ve got a genuine high-performance Sunbird bearing one of the most important words of the 1980s: TURBO!

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2019 Mazda CX-5 Turbo First Drive - Alternative to Italy

If a gearhead is asked for car shopping advice, there’s a pretty good chance one of their recommendations will be a Mazda. The little Hiroshima Highway Hawks generally land on the sporty side of the segments in which they compete, whether one is talking about compact cars or SUVs.

For ages, the CX-5 has been a stylish entrant in the compact crossover class and is Mazda’s best-selling vehicle in America. It is a car notable for not being imbued with “Handling by Novocain (TM)” like so many of its competitors. For 2019, the CX-5 gains an optional 2.5-liter turbocharged inline-four, meaning the CX-5 finally has a mouth to match its trousers.

And, oh yeah, the guy in charge captained one of the most prolific racing teams in the 24 Hours of Lemons.

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TTAC Project Car: It's About Time!
The prolonged journey of TTAC’s Ford Sierra is partly because of my prolonged recovery from Stevens-Johnson Syndrome. While other projects never help matters, the excuses end now.Because, even during the depths of my recovery, my vision never faltered; thanks to prednisone’s side effects during treatment, said vision became a C4 Corvette-like laser-infused slalom but with Young the Giant screeching in the background.So it’s about time I drove to my friend Brian’s shop and made it happen.
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2018 Mazda 6 Signature Review - Serenity And Soul

Mazda has long been an enigma within the Japanese automaker realm. Never quite the volume player of Toyota or Nissan, Mazda targeted enthusiasts via the RX-7 and Miata — models that cast a echo of driving enjoyment over the rest of the lineup. While Mazda attempted to go after the premium end of the market in the early Nineties with the stillborn Amati brand, the automaker has generally left the high end alone.

Until now.

Much like the Denali line within GMC’s lineup, Mazda has unleashed its Signature trim, which adds a layer of lux upon an already impressive midsizer. This 2018 Mazda 6 Signature melds plush and performance into one.

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  • Theflyersfan The wheel and tire combo is tragic and the "M Stripe" has to go, but overall, this one is a keeper. Provided the mileage isn't 300,000 and the service records don't read like a horror novel, this could be one of the last (almost) unmodified E34s out there that isn't rotting in a barn. I can see this ad being taken down quickly due to someone taking the chance. Recently had some good finds here. Which means Monday, we'll see a 1999 Honda Civic with falling off body mods from Pep Boys, a rusted fart can, Honda Rot with bad paint, 400,000 miles, and a biohazard interior, all for the unrealistic price of $10,000.
  • Theflyersfan Expect a press report about an expansion of VW's Mexican plant any day now. I'm all for worker's rights to get the best (and fair) wages and benefits possible, but didn't VW, and for that matter many of the Asian and European carmaker plants in the south, already have as good of, if not better wages already? This can drive a wedge in those plants and this might be a case of be careful what you wish for.
  • Jkross22 When I think about products that I buy that are of the highest quality or are of great value, I have no idea if they are made as a whole or in parts by unionized employees. As a customer, that's really all I care about. When I think about services I receive from unionized and non-unionized employees, it varies from C- to F levels of service. Will unionizing make the cars better or worse?
  • Namesakeone I think it's the age old conundrum: Every company (or industry) wants every other one to pay its workers well; well-paid workers make great customers. But nobody wants to pay their own workers well; that would eat into profits. So instead of what Henry Ford (the first) did over a century ago, we will have a lot of companies copying Nike in the 1980s: third-world employees (with a few highly-paid celebrity athlete endorsers) selling overpriced products to upper-middle-class Americans (with a few urban street youths willing to literally kill for that product), until there are no more upper-middle-class Americans left.
  • ToolGuy I was challenged by Tim's incisive opinion, but thankfully Jeff's multiple vanilla truisms have set me straight. Or something. 😉