Automotive Industry
News covering the Automotive Industry at large.
503 articles in this category
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The past couple years have seen Tesla and dealer groups fighting over Tesla's decision to sell vehicles direct to consumers. Certain states have passed laws which exclude Tesla from doing this, while in other states, Tesla has triumphed. Now the Federal Trade Commission’s (FTC) has issued a statement on where they stand. In a post, the FTC says it supports companies that decide to go with the direct-to-consumer sales model as it gives consumers a choice of which method to go with - direct or wi
Where Does The Federal Trade Commission Stand On Direct-To-Consumer Sales?
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William Maley Editor/Reporter - CheersandGears.com May 31, 2012 Despite the fullsize car getting a kick in the pants with vehicles like the Chevrolet Impala, Toyota Avalon, and Ford Taurus, the fullsize car is becoming an endangered species. R.L. Polk & Co reports that the fullsize sedan market has seen its relevance halved. Fullsize sedans have seen their market share drop from slightly above 5% of all vehicles sold in 2006 to just 2.3% in the first three months of this year. Also, the
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One day, a Chinese automaker will finally deliver on their promise of selling vehicles in the U.S. But what will bring customers into the showrooms? Yesterday, we reported on Geely positioning itself maker of affordable, high-tech cars with a new plug-in crossover - due out in 2017 in China, followed by Europe and U.S. Automotive News reports that another Chinese automaker who has dreams of coming to the U.S. is going low prices. Guangzhou Automobile Group Motor Company (GAC) is planning to be
One Chinese Automaker goes with the price leader route for the U.S.
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We have heard countless promises and teases from various Chinese automakers about entering the U.S. market. But one automaker appears to be making a serious effort to make it a reality. Last week at the Detroit Auto Show, Guangzhou Automotive Group (GAC) announced that it plans on launching the GS8 SUV in later 2019, and will attend this year's National Automobile Dealers Association convention in March. "We will attend the NADA convention in preparation for entering the North America
We might have a Chinese automaker selling vehicles in the U.S. by 2019. Might.
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Guangzhou Automobile Group Co. (GAC) made a big splash at the Detroit Auto Show this year with a number of models destined for the U.S. The plan at the time was to begin talking with dealers at the National Automobile Dealers Association convention in March, with sales to follow early next year. But GAC has postponed plans of coming to the U.S. due to the trade war. In a statement issued to Bloomberg, GAC said “the escalation of China-U.S. trade frictions” and distribution “uncertainties” h
...Damn you trade war!...
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If you happen to plan on seeing Transformers 4 at the theater, you should pay close attention to the scenes in China as some of those vehicles could be making their way to the U.S. Guangzhou Automobile Group Co Ltd. (GAC) which has some of their Trumpchi vehicles in the film is planning on sending them to the U.S. as early as next year. "Our sponsorship of Transformers 4 will help more overseas dealers and consumers know about our cars and over the long run it will greatly contribute to our br
Transformers 4 Appearance to Selling Vehicles In The U.S.? Ok...
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G. Noble Editor/Reporter CheersandGears.com Friday, 10th February, 2012 If you're waiting for the sting of high gas prices to go away soon, you may be in for one hell of a long wait. Gas prices are back at a national average of $3.48 a gallon -- a whole 36 cents more than the average during February of last year -- and are set to climb an entire 60 cents or more by May. Tom Kloza of the Oil Price Information service expects prices to top out at $4.05 a gallon, although some markets could se
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Geely Automotive's chairman Li Shufu made headlines last week by dropping $9 billion for 9.69% stake in Daimler AG, making him the biggest shareholder in Mercedes-Benz's parent company. This follows a trend by Geely in buying automakers (Volvo in 2010, a 51 percent stake in Lotus last year). But a new report from Bloomberg reveals Shufu had his eye on a possible bigger prize. Last year, Shufu approached Fiat Chrysler Automobiles about "a potential takeover". According to people familiar wit
Was Geely the mysterious bidder last year?
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Chinese automaker Geely has introduced a new global brand, Lynk & Co., and their first model, an SUV developed alongside with Volvo in Berlin tonight. Geely's hopes for this new brand is to "disrupt the automobile industry and redesign the process of buying, owning and using a car". The SUV called the 01 looks like a Porsche Cayenne up front and possibly Volvo along the side. Power will come from a hybrid system comprised of a 1.5L three-cylinder engine and electric motor. Other engines
Meet the newest brand coming out of China and arriving in the U.S. in 2018
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William Maley Staff Writer - CheersandGears.com July 3, 2013 Hydrogen, the fuel that automakers say will be available within ten years and doesn't, got some big press yesterday. General Motors and Honda announced a new partnership that will see the co-development of a next-generation fuel cell system and hydrogen storage technologies by 2020. The partnership will also look at reducing the cost of shared components that come from this and contribute to building an infrastructure for Hydrogen.
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With Ford changing over to the next-generation F-150, General Motors and Chrysler see a rare opportunity to grab a bigger slice of the truck marketplace. "Without question you'll see GM and Ram will continue to play the incentive game to continue to bite into Ford's share," said Bill Rinna, LMC Automotive senior manager of North American forecasts to The Detroit News. Ford has idled its Dearborn Truck plant for several weeks to to retool for the 2015 F-150, a new model that will utilize alumin
While Ford Idles F-150, GM and Chrysler Take Advantage of It
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October 5th was a major press release for Genesis-Hyundai-Kia as all three auto companies announced that they would begin shipping their EVs at the start of Q4 2024 with NACS ports on their EVs. With NACS ports, Genesis, Hyundai and Kia EVs will gain access to the 12,000 plus North America Tesla Supercharger stations which have over 50,000 charging stations. Genesis, Hyundai, Kia EVs are built on the E-GMP or Electric Global Modular Platform that is an 800V fast charging platfor
What does a company do when so many others have changed their approach to a charging port standard, Join the Party!
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The New York Times dropped a bombshell of a report last week saying that German automakers funded an experiment that had 10 monkeys in airtight chambers, inhaling diesel fumes from a Volkswagen Beetle TDI. The experiment took place back at an Albuquerque, New Mexico laboratory in an effort to prove newer diesel vehicles were cleaner than older models. But researchers were unaware that the Beetle used in the experiment was equipped with a defeat device that allowed it produce fewer emissions in t
No, we are not making this up
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Another wave of fallout from the Volkswagen diesel emission scandal could be coming later this week in a German court. Reuters reports that Germany’s federal administrative court will be ruling whether or not local governments could ban diesel vehicles. Environmental group DUH sued the Stuttgart and Duesseldorf governments for over levels of diesel particulate matter exceeding European Union limits after Volkswagen admitted to cheating on emission tests. Local courts ordered the government
Could cause serious issues in terms of resale values
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Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have a
Germany's legislative body has put a countdown clock on gas and diesel vehicles
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By William Maley Staff Writer - CheersandGears.com May 21, 2013 This maybe somewhat hard to believe, but German luxury models are cheaper than their Korean counterparts in South Korea. For example, a BMW 528i is around $64,000 in South Korea while Kia's flagship K9 is around $76,400. A difference of $12,400. Consumers in South Korea are taking notice of this and are going towards the Germans. Why are the German vehicles much cheaper? Lowered tarrifs. Thanks to a trade pact introduced back in
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Germany's highest court, the Federal Administrative Court ruled today that cities can ban older diesel vehicles to help cut pollution. According to Reuters, the case was brought to the Federal Administrative Court after local courts ordered the Düsseldorf and Stuttgart governments to ban older diesel vehicles. The states disagreed with this decision and appealed it to the highest court. Originally, the Federal Administrative Court was expected to rule on the case last week, but it was push
Environmentalists love it, Government officials hate it
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William Maley Editor/Reporter - CheersandGears.com March 15, 2012 The hopes and dreams of having a small diesel Indian pickup in the U.S. are now put to rest. A British arbitration panel ruled in favor of Mahindra, the pickup truck maker in question in a lawsuit with their U.S. distributor, Global Vehicles. The panel said in their verdict the contract between the two companies had expired and that Mahindra had not violated the terms of the contract or any U.S. laws. This verdict ends a six y
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William Maley Staff Writer - CheersandGears.com August 7, 2013 Yesterday at at the Center for Automotive Research’s Management Briefing Seminars, General Motors' Chief Economist Mustafa Mohatarem told attendees that the reason young people aren't buying cars because they're not interested. It's more to do with economic reasons. Mohatarem downplayed the reason that young kids are more interested in the internet and what's the latest hot thing in tech, and pushed the rising costs of cars, repa
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Ford and GM, the U.S.'s top two auto manufacturers are bracing themselves for the worst. They have been running economic modeling to determin the steps they would take given a medium or severe recession in the US and across global markets. General Motors has a stockpile of $18 billion in cash while Ford has $20 billion saved up. GM is relying on deferring non-essential capital expenditures and a shift in production to lower cost vehicles as part of its plan to save costs in the event of a
...Preparing for the worst...
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The Society of Automotive Engineers has announced today that they are joining with Ford, General Motors, and Toyota to form the Automatic Vehicle Safety Consortium (AVSC), a group that will work together to test the deployment and development of Level 4 and Level 5 automated vehicles. The AVSC will provide a safety framework for the advancement of the technology in a safe and responsible manner. The group will use the expertise of its current members to establish a set of guiding principle
...banding together to bring about safer autonomous vehicles...
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When thinking about making vehicles greener, most people think about how green a vehicle is; they typically think about fuel economy or the shift toward electric propulsion. But there are plenty of other petroleum products in vehicles, the largest being the tires on all 4 corners. Goodyear Tire announced last week that they have developed a demonstration concept tire that is made of 90% sustainable materials, and most importantly, it has already passed all
You could be rolling around on pine sap and recycled soda bottles later this year.
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William Maley Editor/Reporter - CheersandGears.com April 29, 2012 This past week at the SAE World Congress in Detroit, Google says that self-driving cars can be on U.S. roads within the next few years. We don't know what it's going to take to show its safer than a driver. It's much sooner than the next decade," said Google project manager Anthony Levandowski. Levandowski revealed that Google is in talks with auto makers and suppliers about working with them on the technology. "All options
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Fiat Chrysler Automobiles is able to build vehicles in China thanks to a partnership with Chinese automaker Guangzhou Auto. Guangzhou wants FCA to return the favor by helping them enter the U.S. "Chrysler's development in China required our support. Now for GAC Motor's development in the U.S. we also hope for Chrysler's support and help," said GAC Motor General Manager Wu Song to Reuters at the Beijing auto show. Guangzhou Auto's subsidiary GAC Motor announced its intentions last year to
Fiat Chrysler partnered with Guangzhou Auto to build vehicles in China. Guangzhou Auto wants the favor returned.
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William Maley Staff Writer - CheersandGears.com August 9, 2012 Chrysler, Ford, and General Motors have been making great strides in quality. J.D. Power and Associates' recent Vehicle Dependability Study saw Buick, Ford, and Lincoln above the industry average. Also, Cadillac, GMC, Chevrolet, and Ram trucks all ranked above average in J.D. Power's Initial Quality Study. However, there is still many people who view these three as inferior vehicles. A new poll from Harris Interactive says that o
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Hatchbacks have never sold well in the U.S., but that could be changing thanks to new entrants and hotted-up models. According to a forecast done by IHS Markit, sales of hatchbacks are projected climb 19 percent this year. By 2020, the firm projects sales of 567,000 hatchbacks. What has changed? Some of this comes down to hatchbacks finding a niche market. Michelle Malcho, spokeswoman for Chevy cars and crossovers tells The Detroit News that active, urban buyers who are wanting a bit more f
The bright spot in the passenger car market could be the hatchback
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We all know someone who takes things a bit a too far. In the case of automakers, that someone is EPA Administrator Scott Pruitt. Back in April April, Pruitt announced a serious rollback of fuel economy regulations that were set in stone during the Obama administration. In a summary of the proposed draft, the EPA would rollback the fleetwide average from 46.8 mpg for the 2026 model year to around 37 mpg - the fleetwide average for the 2020 model year. The draft also mentions pre-empting "Californ
This isn't what we exactly wanted. -Automakers
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Henrik Fisker has resurrected his namesake company. Speaking with Bloomberg, Fisker said his new company Fisker Inc. will reveal a "premium, all-electric vehicle in the second half of 2017." Various about this new vehicle and the underlying electric technologies are currently under lock and key. But Bloomberg was able to glean some information about it. The battery technologies developed by Fisker Nanotech - their battery division - promises over 400 miles of range and feature industry-lead
Fisker is making a comeback. No, we're not in the Twilight Zone.
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William Maley Staff Writer - CheersandGears.com December 11, 2013 With the 2014 Detroit Auto Show just a month away, the finalists for the 2014 North American Car and Truck of Year were announced. General Motors dominated the finalists with two models in the car category (Cadillac CTS and Chevrolet Corvette) and one model in the truck/utility category (Chevrolet Silverado). Mazda takes the last spot in the cars with the new 3. In the truck/utility category, the Acura MDX and Jeep Cherokee jo
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After finishing contract negotiations with the big three, the UAW is turning it’s focus back onto president Bob King’s goal of organizing at least one non-union plant by the end of the year. Foreign automakers have so far resisted the idea of unionizing. But the UAW believes they have a shot. King said to reporters on a conference call that the union has set aside $60 million to achieve their goal. The plan is for the UAW to have organizers at dealers hand out leaflets and other informational m
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Yesterday, Hertz has announced that it reached partnership deals with both Uber and Lyft to provide vehicles to drivers. The deal will see Hertz proving drivers of the ride-sharing startups of vehicles that have been rotated out of their fleet. Drivers will get special rates on these vehicles. Hertz spokesman Bill Masterson says the rate for midsize vehicles will be $180 per week, including mileage and insurance. Why is Hertz making deals with Lyft and Uber? You only need to go back earlier
If you can't beat them, work with them!
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William Maley Editor/Reporter - CheersandGears.com December 6, 2011 Earlier today, the House Oversight and Government Reform Committee it plans to hold a hearing in late January on the Volt battery issue. "It gives us great concern that recent reports indicate important safety information may have been omitted in testimony before our committee just a few weeks ago. This is a serious situation that our committee will look further into," said Jeff Solsby, a spokesman for the committee. The he
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William Maley Editor/Reporter - CheersandGears.com February 10, 2012 The House Science Committee approved a bill on Tuesday that bars the EPA from going forward with E15 till further studies are done. The bill sponsored by Rep. James Sensenbrenner (R-WI), was passed by a 19-7 vote as members voted along party lines. Automakers and and corn growers have clashed over E15, which is made from 15 percent corn-based ethanol biofuel since 2010. The EPA has allowed E15 use in 2001 and newer vehicle
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It was three months ago that General Motors published a scathing report on its handling on the ignition switch problem. Now its National Highway Traffic Safety Administration's turn. This morning, the House Energy and Commerce Committee released a 44 page report on NHTSA's handling of GM's ignition switch problem. The report was based on the review of millions of pages of records and interviews with key NHTSA officials and found that a series of critical mistakes and “ample information” already
The House Energy and Commerce Committee Releases A Very Damning Report On NHTSA
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The recovery process of Hurricane Harvey is in full swing and nowhere is this more apparent than the amount of people heading to dealers. Steven Wolf, chairman of the Houston Automotive Dealers Association tells Automotive News that dealers in the Houston area "abnormal" traffic as people come in looking for a replacement. The sudden rise isn't that surprising as the Houston metro area is about the size of New Jersey. Wolf said the first order business for many folks is to get back into a
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This year will likely go down as the one with the most recalls for automobiles. From ignition switches that can easily turn to the accessory or off position, to peeling safety labels, automakers in the U.S. have recalled almost 60 million vehicles. With the high number of vehicles being recalled, people are calling for the recall system to be fixed. But no one can agree on how to fix it. "A recall's a recall, and that's a problem. There needs to be a sophistication of how serious is the recall?
The recall system in the U.S. needs to be fixed.... It's just that no one can agree on a solution.
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William Maley Editor/Reporter - CheersandGears.com January 5, 2012 A study done by consulting firm KPMG found out two-thirds of auto execs that combined hybrid and EV sales will account for as little as 6% of the market in the United States and Western Europe as late as 2025. However, the execs say they will still invest in the technology. "They are hedging their bets. They are saying that we don't know yet what the winning vehicle technology will be for the future, and so they are going to
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William Maley Editor/Reporter - CheersandGears.com December 20, 2011 Tesla has released pricing and specifications of their upcoming Model S and it looks pretty good if the company can meet them. The Model S' pricing is broken down by battery capacity and the range, with the 40-kWh battery pack model starting at $57,400, the 60-kWh battery pack model starting at $67,400, and the 85-kWh battery pack model starting at $77,400. There will also be a performance model which will use the 85-kWh ba
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Under the current standards for vehicle emissions, automakers have a variety of ways to achieve compliance. These are known as "compliance flexibilities" which allows an automaker to sell electric vehicles to off-set gad-guzzlers like SUVs as an example. But the recent proposal by the Trump administration to ease emission standards, will remove these flexibilities. The proposal unveiled last week would freeze fuel-economy and emissions standards at their 2020 levels for several years beyond
And now for something completely contradictory
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The good news is that consumers are visiting the gas station less. The bad news is that consumers are spending more at the pump. Wait, those two sentences contradict each other. Which one is true? According to the Energy Information Administration (EIA), both of these sentences are correct. Let us explain. As new fuel economy and emission regulations come into effect, automakers are trying to figure out ways to make that gallon of gas go farther. One method that a number of automakers are us
A new study reports that we spending less time but more money at the pump
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William Maley Editor/Reporter - CheersandGears.com January 16, 2012 Automakers have been pushing Hybrid vehicles for the past few years as a way for owners to save gas and the environment. However, according to LMC Automotive, hybrid sales in the United States have slowed last year to 2.2% compared to 2.4% in 2010. Mike Jackson, chief executive of auto retail chain AutoNation Inc., says that while 75% of customers that walked into his showrooms wanted to talk about hybrids, they only make 2.
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From the strange bedfellows' file; Hyundai and Kia have announced a joint investment of 80 million Euros (about $90 million) into Croatia-based Rimac Automobili. Rimac may be known to most people for the fast Concept One electric supercar - the vehicle which Richard Hammond had a serious crash when filming The Grand Tour. "The companies will work closely together to develop prototypes for an electric version of Hyundai Motor's N brand midship sports concept car and a high-performance fuel ce
...Wait, what?...
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You're a Volkswagen 2.0L TDI owner who decided to take the buy-back offer. You have a sizeable check in your pocket and decide to go looking for a new car. The folks at Hyundai and Volvo are hoping you buy one of their vehicles and are offering special deals to try and rope you in. CarsDirect has learned about the offers the two automakers are putting forward to former Volkswagen owners. Hyundai's offer is the Hyundai Circle V-Plan - think Ford's X plan pricing for friends and family. This
Hyundai and Volvo are wanting to court former Volkswagen 2.0L TDI owners with special deals
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Hyundai and Kia have been hit with the largest penalty in the history of the federal Clean Air Act. The two automakers agreed to a total of $350 million in penalties for overstating the fuel economy ratings for a number of vehicles from the 2011 to 2013 model year. The total was reached through cooperation between the Environmental Protection Agency, the Department of Justice, and the California Air Resources Board. Here's how the $350 million breaks down: $100 Million Fine to the Federal Gov
A doozy to say in the least
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If you're currently running with an older GPS system, either built into your car or via an external device, you may need to check if a firmware update is available. Tonight at midnight, the UTC clock used by the satellite navigation system will roll over to 0000000000. That number is a 10-bit "week number" that counts the number of weeks since August 21, 1999, the date of the current GPS "epoch". Most newer GPS devices will know about the coming rollover and will just continue working,
...the UTC clock is about to roll over...
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While many still think electric vehicles are a niche, a new study from IHS Automotive suggests that EVs are actually catching on more quickly than hybrids when they were first introduced. The study looked at the cumulative global sales of the first-generation Toyota Prius, Chevrolet Volt, and Nissan Leaf in the first four years. IHS Automotive found that the Toyota Prius moved 52,200 units from 2000 to 2004. However, the Volt and Leaf have sold more vehicles in their respective four-year timefr
Are Electric Vehicles Catching On Quicker Than Hybrids?
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Market forecasts of the future is a fragile thing, yet LMC Automotive has a strong reputation as a consulting firm looking at the global markets. The daily announcements of electric-car churn, major production investments, battery supply, etc. is cause for people to want to take a reality check of the projections by various OEM producers to individual government pronouncements. US projection is that fossil fuel light-duty autos will still be 69% or 7 out of 10 autos on the road in 2030. Acc
95% of Auto's sold in 2018 globally were ICE, what should we expect in 2030?
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Prices on new pickup trucks have been steadily increasing as more people are choosing them as their family vehicle and in turn are wanting more luxury features. But this rise in prices has been making it harder for the average buyer to afford one. Data from Edmunds shows through September, the average transaction price for a full-size pickup is $48,377; a 48 percent increase when compared to 10 years ago and 19 percent increased when compared to 2013. "A 48-percent increase in price is
All of those luxury touches are causing prices to climb
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October 2023 the IRS released this clarification that the Inflation Reduction Act will offer the provision that allows consumers to transfer their credit to the car dealer, instantly reducing the purchase price of new and used EVs at the time of sale. Registration Requirements PDF rp-23-33.pdf This guidance also provides proposed eligibility rules for the previously owned clean vehicles credit. End result is that ELIGIBLE CONSUMERS may transfer the full value of the new or previou
Starting January 1, 2024 Consumers can choose to transfer their new clean vehicle credit of up to $7,500 or used clean vehicle credit of up to $4,000 to the car dealer effectively lowering the vehicles purchase price, will this jump start the EV Revolution of sales?
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William Maley Staff Writer - CheersandGears.com September 16, 2012 File this under the 'what are they thinking' file. According to Automotive News Europe, the Italian Industry Ministry is in continuing discussions with different potential buyers in the assets of De Tomaso. Yes, the same company name who brought you the Pantera back in the seventies. Back in 2011, the revitalized company showed a concept called the SLS, which looked like to be a BMW 5-Series GT with a bit of Italian flair. Pr
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After months of speculation and rumor, it is now official: The Detroit Auto Show will be moving from January to June in 2020. “Our show is undergoing its most significant transformation in the last three decades. Detroit will continue to be a global stage for some of the world’s most significant and iconic vehicle reveals and host an unparalleled international audience of media and key industry influencers,” said Rod Alberts, Executive Director of the Detroit Auto Show. The Detroit Auto
We don't have to deal with snow anymore?!
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By William Maley Staff Writer - CheersandGears.com January 31, 2013 J.D. Power and Associates recently released their 2012 U.S. Navigation Usage Satisfaction Study and the results aren’t that surprising. Consumer happiness dropped 13 points in the study’s 1,000-point scale to 681, one of the lowest scores J.D. Power has ever recorded in the six years the study has been taken. Even worse was the overall satisfaction in voice controls, scoring 544 points out of 1,000. Even worse news for autom
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The past few years in the automotive industry has seen an explosion in technologies - whether its dealing improving the overall safety of a vehicle or figuring out a way to hook up your smartphone. Some of the tech makes the driving experience better, while others don't. So what do consumers think about the new technologies coming into vehicles? J.D. Power decided to find out. In their 2015 US Tech Choice Study, the company asked 5,300 consumers who either bought or leased a new vehicle within
J.D. Power's Recent Car Technology Shows What People Want and Don't Want In Their Cars
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Visit any auto show and you're bound to see a futuristic concept with out any sideview or rearview mirrors. Instead, you'll find cameras that do the same function. This technology will soon be appearing on production vehicles in Japan. Japan's transport ministry has approved the use of cameras and video screens to take the place of mirrors on production vehicles. This comes after a decision made in November by the United Nations World Forum for Harmonization of Vehicle Regulations allowing a
The future is now in Japan (in terms of vehicles losing side and rearview mirrors)
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Kalashnikov, the Russian company best known for making the AK-47 assault rifle is planning to enter the growing electric-vehicle market. Last week at the Army 2018 International Military Technical Forum in Kubinka, Russia, Kalashnikov unveiled the CV-1 concept. The design is inspired by the Soviet Izh-Kombi hatchback built between 1973 and 1997. There are some modern touches such as LED headlights and a set of lightweight wheels. Technical details are scarce, with Kalashnikov saying the mod
Yes, the maker of the AK-47 built an EV concept
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Kelly Blue Book has listed the ten vehicles that deprecate at alarming rate and top three happen to be electric vehicles. The Nissan Leaf according to KBB is projected to only retain 18 percent of its new-car price after five years. Behind the Leaf is the Fiat 500e which is expected to retain 21 percent and the Smart ForTwo EV which is expected to retain 21.5 percent. Few key items to keep in mind: Fiat 500e is only available to lease in California A number of automakers, like Nissan have
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The Korean Herald News outlet is reporting that South Koreas second-largest automaker Kia will start production of their full-size EV9 SUV in the first half of 2023 after Kia's labor union (Korean Metal Workers) and Kia management fame to agreement on production, strategy and future employment security. According to the new source, the Kia EV9 will be produced at the company's Gwangmyeong factory in Gyeonggi Province. The EV9 SUV is expected to officially start taking pre-orders in Ap
Kia, South Korea automaker is slated to start production of the EV9 full size EV after agreement was reached with the Korean Metal Workers Union.
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William Maley Editor/Reporter - CheersandGears.com December 22, 2011 When the US Transportation Secretary, Ray LaHood thinks the NTSB’s recommendation of banning mobile electronics is a bad idea, you know it’s a bad idea. Speaking with the Detroit News, LaHood states he doesn’t supports the NTSB’s recommendation. "The problem is not hands-free. That is not the big problem in America." LaHood has been banging the drum on distracted driving in the U.S. for awhile, with him prodding states to
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It seemed that it would never happen, a domestic brand cracking into the top three of Consumer Reports' annual Auto Reliability Survey. But in the 2016 survey, Buick became the first domestic brand in three decades to be in the top three of reliable brands - behind Lexus and Toyota. “Buick’s achievement is commendable and sure to be a wake-up call to other manufacturers. One reason why the brand has been able to leapfrog others in the General Motors’ stable has been its limited vehicl
A domestic brand cracks the top three!
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William Maley Staff Writer - CheersandGears.com June 19, 2012 The internet is a wonderful place for things to leak out before their official debut. The latest leak comes from Aston Martin as their new flagship, the Vanquish was revealed before its official debut. From the few pictures that were leaked, the Vanquish appears to be mix of the current DB9 and some new designs. Under the body lies a heavily revised version of Aston Martin’s VH platform. Power will come from a revised 6.0L V12 en
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William Maley Editor/Reporter - CheersandGears.com May 17, 2012 Fisker has a lot of problems: money, delays, and an investigation into a Karma fire are just some of them. And it doesn't look like the problems are going to end soon. Inside EVs got their hands on some leaked documents that were dated "a few weeks ago" dealing with the new Atlantic sedan. First the bad news. Originally, Fisker said that production would begin in late 2012 before hitting the market in early 2013. The leaked docu
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Sales of new cars have been reaching all-time highs and part of the reason comes down leases. The Detroit News reports that nearly one in three vehicles built for the U.S. is leased. Data from Edmunds shows 2.2 million vehicles were leased in the first half of 2016. Not only is this up 13 percent from the same time year, it is double the volume from 2011. Steven Szakaly, chief economist for the National Automobile Dealers Association tells the Detroit News there is plenty of space for more lease
Leasing is becoming very popular for buyers because of low payments
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Moving road trips to the electric age. — Lightship (lightshiprv.com) Preserving the planet while exploring new corners of the planet is the bold vision of Lightship RVs. Lightship first RV is the L1 travel trailer. The company was launched March 8th, 2023, to the public, by co-founders Ben Parker and Toby Kraus who both worked for Tesla on various projects till the Pandemic. Taking time off to explore the U.S. in an RV, they discovered the opportunity to take the RV industry into the
A new RV trailer is here developed by Lightship RV, is it the answer to preserving EV and ICE towing range?
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Unless you have been living underneath a rock, then you know that the popularity of crossovers and SUVs have been booming. A new analysis reveals this popularity will not be going away anytime soon. IHS Markit looked at consumer loyalty rates for various body styles from 2012 to April 2017 and found that 66.2 percent owners of SUV and crossover models returned to buy another - the highest IHS has ever recorded. To give some perspective, pickups come second at 50.9 percent. "We collect
Stand by your SUV/Crossover
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Last month, we reported on a rumor that that Saudi Arabia's Public Investment Fund (PIF) was in talks about possibly providing funding to electric car start-up Lucid Motors. The fund would provide an initial investment of $500 million, but would expand it to a billion if certain milestones were met. This morning, Lucid Motors announced that it signed an agreement with the PIF totaling over $1 billion, subject to necessary regulatory approvals. If given the go-ahead, Lucid will use the money
Totaling over a billion dollars
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Luxury automakers have been taking full advantage of the high-demand for SUVs and crossovers and raking in the dough. But as Neuton's third law of physics tells us, "for every action, there is an equal and opposite reaction." In the case of luxury automakers, they have a number of sedans and coupes from lease turn-ins that they cannot sell. “It’s not necessarily the overwhelming amount of vehicles, it’s the mix of those flood of vehicles. You’re throwing all these cars into the marketplace
Need a good deal on a used luxury car? They're out there.
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Last October, Chinese automaker Geely unveiled a new global brand called Lynk & Co. This brand stood out in a few ways, Vehicles will be sold online Owners will be able to share their Lynk & Co vehicles to make some money An open application programming interface to develop in-car applications Recently announcing all of their vehicles would come with lifetime warranties The plan was for the brand to launch in China this year, with Europe and U.S. followi
Lynk & Co's plan to go into Europe and U.S. has been pushed back
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Earlier this month, Fiat Chrysler Automobiles filed a complaint with the U.S. International Trade Commission over the Mahindra Roxor - a side-by-side off-road utility. FCA alleges that the certain design elements of the Roxor infringe on the " intellectual property rights of FCA's Jeep design," and is wanting to stop the sale of the model in the U.S. Mahindra is fighting back. Reuters reports that the company has filed a public interest statement with the U.S. ITC and started proceedings in
Deals with the Roxor Utility
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William Maley Editor/Reporter - CheersandGears.com December 27, 2011 Mahindra, the company who promised to bring small diesel powered pickups to the US has been having their share of problems. Fallout between them and their importer, Global Vehicles USA and lawsuits from dealers have delayed the introduction. A couple of weeks ago, Mahindra Planet, "The Unofficial Mahindra U.S. News Source," reported that Mahindra and Navistar, the international truck and bus builder had worked out a deal to
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William Maley Editor/Reporter - CheersandGears.com May 1, 2012 From the Twilight Zone file: USA Today reports that 6.5% of new vehicles sold in the first quarter were equipped with a manual transmission, which is more than double of vehicles sold with them in 2007. It's also the highest amount since 2006 when 7.2% vehicles were sold with manual transmission. The take rate is more impressive when you take into account that 19% of the 2,360 different models on sale offer a manual. The increas
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FCA CEO Sergio Marchionne is known to speak his mind and tell it like it is. During the Automotive News World Congress, Marchionne questioned the U.S. Government's mandate of 54.5 MPG by 2025. "There is not a single carmaker that cannot make the 54 number. The question is, at what a price?" said Marchionne. A possible reason for the CEO of FCA to bring this up is gas prices around the nation are hovering around $2.00. Also, sales of hybrids and electric vehicles have been declining, partly due
Sergio Marchionne Chimes In On The Upcoming Fuel Economy Standards
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William Maley Staff Writer - CheersandGears.com January 4, 2013 The Massachusetts State Automobile Dealers Association lost again in court this week against Tesla. On Monday, Norfolk County Superior Court Judge Kenneth Fishman dismissed the dealers association's case on the grounds of lacking a standing to bring a case forth. This is the latest blow to the Massachusetts State Automobile Dealers Association efforts to stop Tesla from running a store in Boston. Back in November, the Massachus
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William Maley Staff Writer - CheersandGears.com November 21, 2012 Last week, the Massachusetts Superior Court denied a request from the Massachusetts State Automobile Dealers Association for an injunction against Tesla to stop them from running a store in Boston. The lawsuit filled on October 16th argued that Tesla violates Massachusetts' licensing, consumer protection and franchise laws since the company runs their own stores. If granted the injunction, Tesla could only use their storefront
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Mazda and Toyota announced today a new alliance that will strengthen their current partnership and see the two collaborate on a number of projects. The big news is a new, $1.6 billion joint-venture assembly plant for the U.S. The location hasn't been revealed, but it will produce Corollas and Mazda crossovers. The plant is expected to open in 2021 and produce up to 300,000 vehicles per year. The other big news deals with the two forming a shared capital structure. Toyota will acquire 5.05 pe
Part of a new alliance between the two
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William Maley Staff Writer - CheersandGears.com September 18, 2012 McLaren has just dropped the first official images of its P1 design study that will be shown at the Paris Motor Show next week. Called the company's "next generation ultimate supercar", the P1 appears to take the proportions of the F1 supercar and the design of the current MP4-12C. "Our aim is not necessarily to be the fastest in absolute top speed but to be the quickest and most rewarding series production road car on a ci
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William Maley Staff Writer - CheersandGears.com June 21, 2012 Despite an early showing yesterday, Aston Martin has officially revealed the new Vanquish. The Vanquish will take the place of the DBS when it goes on sale in 2013. The Vanquish’s exterior design is a blend of the current DBS and Aston’s One-77 super car. Underneath the sleek design, the Vanquish’s body is comprised mostly of carbon fiber. As we reported on Tuesday, the new Vanquish will ride on Aston Martin’s venerable VH plat
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Fisker is beginning to drop information on their new vehicle called EMotion along with some clear images of the model. The design is.. well... out there. The side profile looks be a Karma that has been squished. There are tall wheel wells and deep cuts in the doors. The front end is something - we're going with the policy if you have nothing nice to say, don't say anything. The vehicle is built out of aluminum and carbon fiber. Fisker is already making some claims about the EMotion suc
Fisker is already making bold claims on a vehicle that isn't coming out till mid-2017
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February 14th, 2012 - Drew Dowdell - CheersandGears.com Michiganers will soon be able to get around a little faster without risking a speeding ticket. The US Department of Transportation has approved Amtrak to run 80 miles of the 97 mile section between Kalamazoo, MI and Porter, IN at 110mph, the first such service outside of Amtrak's North East Corridor. This move comes after the successful implementation of Incremental Train Control System (ITCS) along this section of the route. The two route
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Michigan Governor Rick Snyder signed into law today a full suite regulations regarding the testing, use and eventual sale of autonomous vehicles in the state. “By establishing guidelines and standards for self-driving vehicles, we’re continuing that tradition of excellence in a way that protects the public’s safety while at the same time allows the mobility industry to grow without overly burdensome regulations,” said Synder in a statement. The new law will allow vehicles without stee
Michigan becomes more friendly with autonomous vehicles
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California and Michigan are currently fighting a chunk of close to $4 billion in federal funding that President Barack Obama proposed last month to develop autonomous vehicles. Both are proposing World War II military sites as the place to test autonomous technologies. But Michigan has an interesting trump card; potholes. Anyone who has driven the roads in Michigan knows they are quite terrible (and that's being somewhat kind). Due to the harsh weather conditions and difficulty in keeping th
Michigan is using potholes as a plus when it comes to autonomous vehicle testing
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The automotive industry in the U.S. has been enjoying one of the best years in terms of sales. But one segment is seeing a drop in their sales. That segment is the midsize sedan. Automotive News reports that the demand for midsize sedans is at a five-year low. The numbers tell this sad story. In the first quarter of 2016, sales of midsize sedans dropped 3.4 percent. The second quarter saw sales dropped 13 percent, while the third quarter saw a whopping 21 percent drop. For the month August,
I keep on falling
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The past few years have been tiring if you happen to be a millennial. There has been countless articles talking about how this group are not buying houses or vehicles. Of course, the reason is that millennials don't have the money (saddled with more debt, having entry-level salaries, etc). But that is changing. According to a report from Bloomberg, millennials are beginning to head out to the suburbs, and purchasing houses and cars. The reason? They're having their baby boom. According to d
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William Maley Editor/Reporter - CheersandGears.com January 4, 2012 It's not any news that cars are getting heavier by the moment due to new safety reguations and luxuries like power windows and sound proofing. A new report shows how both have been detrimental to fuel economy gains. Christopher Knittel, a professor of applied economics at the M.I.T. Sloan School of Management published a paper in the American Economic Review stating that if weight, horsepower, and torque were held to levels i
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In the Math solving all of our problems file; the LA Times is reporting that MIT has developed an an algorithm that can determine whether a driver will run a red light within milliseconds.Their research is being published in the journal IEEE Transactions on Intelligent Transportation Systems. The group did tests at an intersection in Christianburg, VA with 15,000 vehicles passing through. Their results with the algorithm was correct 85% of the time, which is reportedly the most accurate that ha
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A record number of consumers are finding themselves 'underwater' when it comes time to trade-in their vehicle - the vehicle is worth less than what they owe on their loan. The Detroit Free Press cites a study done by Edmunds revealing that in the second quarter of this year, 32 percent or nearly one-third of vehicles being traded in fall into the 'underwater' category. This isn't good news for consumers since the difference is tacked on to the new vehicle they had their eye on. To put
A number of factors play into this
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If you have been following auto sales for the past few years, then you know that SUVs and trucks currently dominate the sales charts partly due to the low gas prices. This is especially true when it comes to the luxury segment, where utility models are eating sedans. But a new report from The New York Times reveals that American automakers are eating the lunches of luxury car manufacturers. According to data from Edmunds, the likes of Ford, Chevrolet, and GMC have seen their share of domes
American automakers are cleaning up here.
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More and more automakers are launching subscription services as another option to get into new or used cars. But a new report shows the subscription services are still flying under the radar for most consumers. Autolist recently conducted a survey with 1,428 car shoppers in the second half of April. This is what they found out. 70 percent of shoppers had no idea that such a thing existed Out of the 30 percent of shoppers who knew about subscription services, only half could a
The reasons as to why are somewhat easy to explain
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You find yourself in the showroom, ready to drive away in a new Chevrolet Bolt, Nissan Leaf, or Tesla Model S. But there is one big question that needs to be decided, do you buy or lease it? According to a report from Bloomberg, most buyers of EVs tend to lease. In the U.S., almost 80 percent of electric vehicles on the road are leased according to their report. It also says that 55 percent of plug-in hybrids are leased. More than 80 percent of BMW i3s are leased as an example. The key reas
There's a good reason why EV buyers are leasing
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William Maley Editor/Reporter - CheersandGears.com April 9, 2012 A new study published by R.L. Polk said only a third of hybrid owners bought another in 2011. The study showed that only 35% of hybrid owners bought another. Take out the most popular hybrid, the Toyota Prius and the number falls to 22%. Brad Smith, director of Polk's loyalty management practice told Automotive News the biggest problem for hybrid vehicles is the advancements made with conventional gas engines. "The premium pr
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MOU means that these companies have signed a "Memorandum of Understanding" to explore the participation, involvement and synergy sharing in relation to the business integration through a joint holding company. Back in August 1st, 2024 Nissan and Honda created a Joint Holding Company for the commencement of a strategic partnership focused on intelligence and electrification. This was to start the consideration towards integration of the two companies. Mitsubishi Mo
Is a MOU signed by Nissan, Honda and Mitsubishi Motors meaning they are merging to be one auto company? Find out more here.
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Hyundai, BMW, Stellantis, Kia, General Motors, Honda, Mercedes-Benz, and Toyota are eight of the worlds' largest automakers and today are celebrating the successful launch of their purpose-built redefinition of charging as an end-to-end integrated customer charging experience. This purpose-built charging solution delivers on the mission they set forth in February 2024. with 100 sites contracted, over 1000 charging bays, enabling EV road trips coast to coast by th
Eight of the world's largest automakers desire to lead, innovate, create and drive forward has reach fruition.
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William Maley Staff Writer - CheersandGears.com August 26, 2013 The past couple of years has seen the rise of diesel powered vehicles in the U.S. Automakers like BMW, Mercedes-Benz, Volkswagen, and Chevrolet have introduced diesel vehicles to acclaim. Other automakers such as Mazda and Audi are readying vehicles to join in the fun. But there are still a number of roadblocks for automakers to bring diesel vehicles into the marketplace. To fight this, The Detroit News reports that Volkswagen is
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The rivalry of the Chevrolet Camaro and Ford Mustang has been going for ages in the U.S. But now this fight has expanded into China. Automotive News reports that a growing group of Chinese buyers are being drawn towards to these models as the exude the no-apologies Americana attitude. "We're seeing the beginning of a muscle car culture here. Something that is uniquely American appeals to the Chinese consumer. The image that it relays to the automotive public is very positive," said Jam
The Camaro and Mustang fights expands into China
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Ask Peter Welch, the CEO of the National Automobile Dealers Association (NADA) what worries him the most, he'll admit that it is average consumers getting priced out of new cars. He admitted this yesterday at the Automotive News World Congress in Detroit. Welch said that the latest figures he has seen - through October of last year - reveal the average retail price of a new car climbing to a new high of $35,366. The average monthly payment is hovering at $538, and interest rates have climbe
Even NADA's CEO is wondering where are the affordable vehicles
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One group that has been fighting tooth and nail against Tesla and their direct sales model is the National Automobile Dealers Association. With Tesla filing a federal lawsuit against the state of Michigan over a law banning direct sales, NADA Chairman Jeff Carlson has made some comments as to why Tesla's direct sales model is bad. The Detroit Free Press reports that Carlson said the direct sales model is bad for consumers because it would lead to higher prices. Competition between dealers i
NADA's chairman says the direct sales model are bad because vehicles would get more expensive
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William Maley Editor/Reporter - CheersandGears.com May 8, 2012 Almost a year after the state of Nevada approved legislation to allow tests of self-driving vehicles on public roads, the state has issued its first license for a self-driving vehicle. The vehicle in question is Google's autonomous Toyota Prius, which has currently logged 140,000 miles and one accident. The accident was caused when a car driven by a person bumped into the back of Google's autonomous car. Google hopes with these t
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A new audit released by the U.S. Transportation Department’s Office of Inspector General rips the National Highway Traffic Safety Administration (NHTSA) over its handling of the Takata airbag recall. In the report, the Inspector General says NHTSA's recall monitoring process "does not ensure that remedies are reported completely and in a timely manner," nor does it "verify recall completion rates, although it has the authority to do so." Other issues the audit found included the long time i
Doesn't put NHTSA in a positive light
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Back in 2011, the U.S. Transportation Department's Office of Inspector General (OIG) performed an audit into the National Highway Traffic Safety Administration (NHTSA) after its handling of the Toyota unintended acceleration crisis. The OIG made ten recommendations on how NHTSA identifies and addresses safety defects such as developing a formal training program and documenting explanations as to why they have missed deadlines. Five years on, NHTSA hasn't put all of those recommendations into pra
A new audit into NHTSA shows they haven't implement many of the recommendations that were given to it back in 2011.
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William Maley Editor/Reporter - CheersandGears.com February 6, 2012 Do you want a billion dollars? Well, all you need to do is build 60,000 cars that get 100 MPG and the U.S. government will send a check your way if a new bill is passed. Representative Dan Lungren ® of California's 3rd Congressional District has introduced a bill into Congress called the Excellence in Energy Efficiency Act of 2012. If the bill is passed, the legislation would have the Secretary of Energy "establish a program
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William Maley Editor/Reporter - CheersandGears.com December 19, 2011 A new study from the University of Michigan says the proposed CAFE standards could actually make new cars larger, not smaller. The study used simulations of 473 different vehicles to figure how automakers could modify vehicle dimensions, implement fuel-saving technology features and trade off performance and fuel economy. Pricing was also taken into account. Their results showed that automakers would increase the size of ve
