I was listening to a local radio station and as will happen in a regular Detroit newscast, they mentioned something newsworthy going on in the domestic auto industry. In this case they said that Ford would be spending $1 billion on 7 new products to revamp the Lincoln brand. Well that wasn’t really news so […]
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Jeep is a pillar of financial strength for FCA. The brand is poised to deliver its sixth consecutive year of growth. Even if you despise the Compass and Patriot, it would be difficult to argue that Jeep CEO Mike Manley has been anything but a good steward of the brand. But how is Jeep going […]
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Volkswagen dealers in the U.S. want to be compensated for financial losses stemming from the diesel emissions scandal, and if the results of a recent meeting with company brass is any indication, the demands will soon grow louder. Alan Brown, chairman of Volkswagen’s U.S. dealer council, led a small delegation of dealers to Germany last […]
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Volkswagen can’t wait for the day when it doesn’t have to spend time and resources dealing with a huge, stressful scandal. Grey skies will clear up eventually, so the automaker has 250 employees busily crafting its Strategy 2025, a plan designed to carry the company out of its darkest chapter and into future prosperity, Bloomberg […]
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Nissan is about to embark on a global expansion plan that would double the number of models wearing the NISMO performance badge. The brand says that it is aware that enthusiasts only make up a small fraction of prospective buyers, but it doesn’t want to ignore them — especially in segments where NISMO hasn’t left much of […]
The post Nissan to Expand NISMO Performance Lineup Across the Globe by Twofold, New Models Could Include Trucks and Minivans appeared first on The Truth About Cars.
Volkswagen Group’s core brand has targeted an end to profit losses in the North America by the end of the decade, setting its break-even point for 2020. Central themes of the plan are dependent on cost cutting measures and higher-margin SUV models it believes will bring it back from emissions scandal purgatory. In its most recent […]
The post Volkswagen’s To-do List: Biggest Product Push in History, Huge(ly Optimistic) Productivity Gains appeared first on The Truth About Cars.
With trucks and crossovers dominating more of the market every month, Japanese automakers are making every effort to bring in new models that will satisfy consumer demands. Soundly constructed economy vehicles have long been the cornerstone of most Japanese nameplates but, with reliability improving among many brands and fuel efficiency being less important to consumers, we’re […]
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Chrysler’s minivans have been a never-ending beacon of purity and goodness for over thirty years. Less so lately, but the segment remains an important part of the FCA lineup. Intended to replace both the Chrysler and Dodge minivans, the Pacifica did not outsell either at launch. While Pacifica deliveries eventually eclipsed the Town & Country, it was […]
The post FCA to Dealers: Better Stock Up on Grand Caravans Now appeared first on The Truth About Cars.
Daimler AG is dumping half of a 5 billion yuan sum, or 735 million dollars, into China as part of a joint venture with BAIC Motor Corp. Together, the companies plan to establish the groundwork for competent EV production in the region — meaning a good ol’ fashioned battery factory. The bill is split between the two […]
The post Daimler, BAIC Investing $735 Million Into Chinese EV Production Pretty Much Out of Necessity appeared first on The Truth About Cars.
Ford’s new CEO, Jim Hackett, has been milling around the company trying to get a sense of what the automaker needs to thrive in today’s car market. Conducting a summer-long assessment of the company’s current status and action points, Hackett is setting himself up with a greater understanding of where Ford stands in order to share […]
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Hyundai has snagged itself another high-profile BMW veteran. Last time it was Albert Biermann, dynamics wizard and former head of BMW’s M line. This time it’s Fayez Abdul Rahman, BMW’s former head of M Equipment, M sport packages, and M performance vehicles. Whereas Biermann is currently serving as Hyundai Group’s vice president in charge of performance and high-performance vehicle […]
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“Ford’s future is not about giving up the car,” Jim Hackett, Ford chief executive officer, exclaimed at the Michigan CEO Summit in Detroit on Thursday. But he promises there will be “no dumb cars in the future.” The executive was not assuring attendees that Ford has no plans to revive the Mustang II, rather, he […]
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Let’s take a moment to consider how ubiquitous sport utility vehicles and crossovers have become. They are, quite literally, everywhere, and reason for this is that they’ve morphed into a jack-of-all-trades type of automobile. The antiquated definition of SUV included words like “rugged” and “off-road.” But modern examples really only need to ride higher than […]
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Porsche, the iconic performance nameplate diving ever deeper into luxury and electrification, once again finds itself incapable of withholding its excitement toward both. Company board member Detlev von Platen claims Porsche is seriously considering increasing the production capacity of its upcoming Mission E model beyond 20,000 annual units and electrifying the Macan crossover. According to von […]
The post Porsche’s Unbridled Excitement for EVs Continues to Swell appeared first on The Truth About Cars.
Automakers perpetually talk about the future. They have to. As manufacturers, their entire business model revolves around bringing newer, better, and more desirable products to the market. Over the past few years, that has meant championing electric and autonomous vehicles — regardless of whether their consumer base (or the technology) is ready or not. Nissan is […]
The post Eight Is Enough: Nissan Leans on Familiar Future Strategy for Growth appeared first on The Truth About Cars.
Jaguar is apparently considering bringing the XK out of retirement. Discontinued for the 2015 model year, the automaker didn’t see much reason to keep it around with the F-Type being such a success. Hanno Kirner, Jaguar Land Rover’s director of corporate strategy, now claims the time has come to commence work on a 2+2 F-Type. However, […]
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Earlier this year Ford announced the impending removal of all passenger cars from its lineup, save the Mustang and — if we’re creative about what qualifies as a car — the lifted Focus Active. However, the automaker says it intends to fill the void over the next five years. Speaking at a press event leading up to […]
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Despite producing comprehensively equipped and comfortable sedans with a nearly unbeatable price and warranty, Genesis Motors is in trouble. Sedans aren’t selling like they used to and the company doesn’t have anything else to offer customers right now. Its first utility model, the GV80, won’t appear on dealer lots until 2020. But, upon its arrival, the […]
The post Genesis Still Two Years Away From Adding Much-needed Utility Vehicles to Lineup, Essentia Under Consideration appeared first on The Truth About Cars.
Mitsubishi has quite the storied history, but for car lovers things don’t really kick off until the 1970s, when the company spun off Mitsubishi Motors from its Heavy Industries division. With help from Chrysler, the Japanese company managed a foothold in North America and started escalating volume. Before long, Mitsubishi was delivering economically minded vehicles to […]
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While Kia has managed to add a fair number of crossovers to its lineup, successfully catching up to modern consumer tastes, it hasn’t scarified sedans to make that happen. According to the manufacturer, this is because high-riding utility vehicles fail to match the driving experience of a ground-hugging sedan — something Korean automakers have a keen […]
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