The all-new mid-engine C8 Corvette’s impressive $59,995 starting price is only good for the first year, as we reported back in August, and unless it goes up by $20,000, Chevrolet will continue to lose money on low-trim cars, a senior GM source tells MotorTrend. We had a feeling the $59,995 starting price was too good
Month: November 2019
DETROIT – Fiat Chrysler Automobiles and the UAW reached a tentative agreement on a four-year labor contract covering wages, benefits and job security for 47,200 workers, the union and company said Saturday. The UAW did not immediately provide details of the deal but it’s expected to follow the framework set by contracts the union has ratified
By Simon Alvarez Posted on November 30, 2019 The Tesla Cybertruck’s design has been teased by Elon Musk long before it was unveiled, yet the vehicle still dropped jaws when it rolled out on stage during its unveiling event. The Cybertruck has notably polarized the car community, but if a veteran auto expert is any
DETROIT — Perched at the top of McLaren Automotive’s product lineup is the Ultimate Series, an elite group of hypercars built in scarce production runs with prices that start in the high six figures. That’s far out of reach for most of the North American vehicle market, but McLaren is expanding the segment rapidly —
With more and more folks switching to electric and hybrid vehicles nowadays, Leasing Options thought it would be a good opportunity to test out your electric and hybrid car knowledge by challenging you to a dashboard warning light quiz! In this quiz you’ll only find warning lights that’ll pop up on these types of cars,
The new Audi RS6 Avant is finally coming to the US market, which means that fans of the supercar-baiting wagon now have no excuse in not buying one – apart from not being able to afford it. Audi’s mega wagon is powered by a twin-turbo 4.0-liter V8 engine that also happens to be mild-hybrid; power
Many in the automotive industry are talking about the need to consolidate to overcome the challenges of emissions regulations and autonomous cars, but Carlos Tavares is doing something about it. In 2017, PSA acquired Opel/Vauxhall from General Motors and within 18 months the money-losing German/British brands were recording 5 percent operating margins. This year, Tavares
Aston Martin has been on a product push in the past couple of years, having refreshed and redesigned much of its sports car lineup. And now it finally has an SUV. Unveiled last week, the 2021 DBX will place the British ultraluxury brand into the bustling field of SUVs from some of the industry’s most
The 2020 X3 offers thrilling performance in top trims, but even the base car is noteworthy. Starting from an average score of 5, the 2020 X3 gets points above average for a good ride and powertrains that range from very good to excellent. It’s an 8 out of 10. The base engine is a 248-hp
Trevor Bauer can consider himself a lucky man. At 28, he has a very successful and lucrative career as a pitcher in Major League Baseball. He has amassed a $30 million fortune during nine seasons of playing baseball at the highest level for the Arizona Diamondbacks, Cleveland Indians and Cincinnati Reds. A 28-year-old guy who
DETROIT — Since taking the CEO job at Adient in October 2018, Doug DelGrosso has been operating as a kind of field surgeon — cutting away situations of the past that left the seating giant with billions in losses, applying a tourniquet to its bleeding business units and ultimately asking the company’s employees to endure
The 2020 Mazda CX-30 has its work cut out for it. The small crossover will have to pick up the slack of the Mazda3 sedan and hatchback, which have seen sales dip more than 20 percent through October. In addition to positioning the CX-30 as one of its volume models, Mazda also hopes it can
Daimler, the German carmaker that owns Mercedes-Benz, has said it will shed at least 10,000 jobs worldwide as it seeks to fund the switch to electric cars. Daimler personnel chief Wilfried Porth told journalists the number of jobs lost would be “in the five figures”. The move comes days after rival Audi said it would
PARIS — Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance CEO Carlos Ghosn. Renault is trying to repair relations with its Japanese partners after they were shaken by Ghosn’s arrest in Tokyo a year
Scott Keogh, CEO of VW of America, said this month that the ID CROZZ will sell in the low- to mid-$30,000 range after a $7,500 federal tax credit. That suggests a pre-incentive sticker price of around $40,000 for the brand’s first high-volume, ground-up EV sold in the US. Keogh, who spoke with Automotive News at
A vehicle’s design is the first thing that speaks to you and eventually piques your curiosity (or doesn’t). In the case of the refreshed 2019 Fiat 500X, its bubbly, chic looks set it apart from everything else in the subcompact SUV segment. And now, with the addition of standard all-wheel drive and a new 1.3-liter
LOS ANGELES — Alfa Romeo, battling a 27 percent U.S. sales decline this year, admitted to “shortcomings” in its U.S. product lineup and promised the 2020 model-year versions of the Giulia midsize sedan and Stelvio compact crossover will begin to fix them. Bob Broderdorf, director of Alfa Romeo North America, told an audience of media
Check out the final line of this video to understand what we mean. We’re glad that Audi created a concept car just for the animation “Spies In Disguise.” It named the electric hypercar the RSQ e-tron. But we are disappointed it has a V10 roar to show how fast it can go. And also that
After its unveiling at the end of last month, the all-new 2020 VW Golf Mk8 has finally arriving in the hands of reviewers, beginning across the pond in Germany, though, you’ll be happy to know that this first drive is in English. Here, we have a full 50-minute in-depth review of the new Golf by Autogefühl.
MOSCOW — Russia’s government plans to spend around 5 billion rubles ($78.3 million) next year on new auto loan subsidies to support stagnating car sales, Russian news agencies reported. New-car sales in Russia are expected to fall 2.2 percent this year to 1.76 million units, according to the Association of European Businesses lobby group, amid
With the used-vehicle market firing on all cylinders, dealers are fiercely competing for prime inventory. This comes even as a record number of vehicles roll out of leases and return to the market — buyer demand has kept pace with supply, industry analysts note. And with no silver bullet for acquiring used cars and trucks,
The 2020 Lexus IS is polished and poised, but ultimately short on compelling qualities. The 2020 Lexus IS was once a gym rat, but its consistent routine means its predominantly European competition has bypassed this once-compelling four-door compact sedan. The allure of a decent value and the option of a strong, smooth V-6 engine don’t
Cue the Benny Hill music. The amusing story of the week, month and probably year comes from Russia and it involves a BMW X6 engulfed in flames and a sewage truck that might have wanted to join the fire department during its younger years. Now, we’ll go into specifics in a moment, after catching our
DETROIT — Gary Jones will be the first UAW president to be replaced mid-term since 1970, when Walter Reuther died in a plane crash. Jones resigned last week as the rest of the union’s leadership began proceedings to expel him. Jones quit 17 days after beginning a paid leave of absence amid mounting evidence of
You know those laurels trimming AMG’s logo? No one at the company is resting on them. There’s a flurry of activity underway in Affalterbach, with efforts focused on bringing range-topping and all-new vehicles to the road. That’s what we learned in our interview with Michael Knöller, AMG’s head of product management and sales, at this
LOS ANGELES — Tesla CEO Elon Musk will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk’s lawyer said on Monday in U.S. District Court in Los Angeles. Vernon Unsworth is suing Musk for calling him a “pedo guy.” Musk posted the tweet after Unsworth accused Musk in a CNN
By Simon Alvarez Posted on November 28, 2019 Tesla Model S owner Hansjörg Gemmingen does not mind sitting on the driver’s seat and traveling long distances. Since shifting from a classic Tesla Roadster to a Model S P85, Gemmingen has been driving and racking up his vehicle’s kilometers. This finally culminated today when the resilient
General Motors CEO Mary Barra says she is OK with the prospect of FCA owning GM’s former Opel and Vauxhall brands but she is not OK with the idea that fraudulent bargaining by FCA and the UAW resulted in higher labor costs over many years. The two positions show how complicated, competitive, and incestuous the
Fiat Chrysler Automobiles is recalling 72,761 Fiat 500 vehicles worldwide over degraded shift cable bushings. Some bushings can degrade when subjected to heat and humidity, causing the shift cable to separate from the transmission and stop shifter function, the company said in a statement Wednesday. The recall affects 2012-13 model-year Fiat 500s: 51,788 vehicles in
Used electric cars are bucking industry trends by appreciating — rather than depreciating — in value, according to research by the UK’s CarGurus.co.uk Every day the site analyses millions of data points on hundreds of thousands of UK used car listings to calculate each car’s Instant Market Value (IMV) or fair retail price. Using this