Automotive Industry
News covering the Automotive Industry at large.
508 articles in this category
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Congratulations America. It seems we now buy more SUVs and crossovers than sedans according to a new study from IHS Automotive. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new car registrations, compared to the 35.4 percent of registrations for sedans. This is a reversal from five years ago where sedans stood at 36.3 percent of registrations, compared to the 31.4 percent for SUVs and crossovers. “It’s not that sedans have become unpopular. It’s just that CUVs ha
Not Surprising, SUVs and Crossovers Pass Sedans In Sales
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While Americans are keeping their cars longer (Experian Automotive says the average ownership length is now 7.75 years), there are some models that owners can't wait to get rid off within a year of buying. iSeeCars.com recently compared new car sales against used-car purchases in 2014 to figure out which vehicles were traded-in the fastest. Their analysis showed that on average, around 2.7 percent of all new vehicles are traded in after only a year’s ownership. More surprising was the vehicles
Which Vehicles Get Traded-In the Most After A Year of Ownership?
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J.D. Power has announced the results of their inaugural Tech Experience Index (TXI) Study. The study focused on the experience of owners with a vehicle's technology features such as infotainment and safety during the first 90 days. The good news is the average satisfaction score was 730 out of a possible 1,000 points. But owners aren't impressed with their vehicle's navigation system. It earned the lowest average score of 687 in the study. More than half of the owners surveyed said they neve
Owners like the safety tech, Navigation not so much
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By William Maley Staff Writer - CheersandGears.com January 17, 2013 Former General Motors Vice Chairman Bob Lutz has been know to speak his mind. At the Detroit Auto Show this week, Lutz told Autocar that he thinks that the technology in the Chevrolet Volt should have been put into a larger vehicle first. “Frankly, unless that customer is philosophically, religiously or economically affiliated to buying an electric vehicle, then they can’t be convinced. The first two types of buyer will buy
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Small SUVs and crossovers are making huge gains in terms of sales. A key part of this success comes down to a single group of buyers, single women.  Data from research company MaritzCX reveals that sales of small SUVs to women rose 34 percent between 2010 and 2015. In the same time, sales of these vehicles to single men only rose 22 percent. Sales of small luxury SUVs saw a large increase of 177 percent to women. Out of the total amount of women buyers, 40 percent are single.  “There’s a g
Wondering why Small SUVs and Crossovers are currently some of the big selling models in the U.S.?
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With gas prices making a downward trend, sales of SUVs are making an upward climb. In fact, SUVs, pickups, and crossovers when added together make up half of total volume of sales in April. Now with the increase in SUV sales, prices also went up. Edmunds reports that average transaction prices on SUVs have climbed nine percent when compared to last year. Now when something goes up, something must come down. In this case, it happens to be small cars. Edmunds says that the average timeframe to s
SUV Sales Go Up, Small Cars Go Down
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Automakers have been edge for a few months with talk of a trade war and possibly putting up to a 25 percent tariff on imported new vehicles. They only would be pushed further to the edge as President Donald Trump tweeted last week a 20 percent import tariff on all cars assembled in the European Union. Now, automakers are rebuking the President over this. Reuters reports today that two trade groups, representing nearly every major global automotive brands have issued comments saying the pres
This is a terrible idea. -Automakers to Trump
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William Maley Editor/Reporter - CheersandGears.com January 13, 2012 2011 was a good year for diesel vehicles. A report done by the from the Diesel Technology Forum says sales of diesel vehicles in 2011 rose 27.4%. The report states the overall growth of diesel vehicles in 2011 was at 10.2%, putting the increase ahead of the curve. Interestingly enough, the group says sales of hybrid vehicles were down 2.2%. The report also states sales of diesel vehicles grow to over 6% of the U.S. market b
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By William Maley Staff Writer - CheersandGears.com January 21, 2013 Last month, Fisker founder and Chairman Henrik Fisker said the company was looking for "potential strategic partners". The search has led the company to China. According to Reuters, Fisker is in talks with certain Chinese automakers. Fisker's focus on China is due to the Chinese government's backing of local manufacturers in their efforts to acquire "green car" technology from abroad, as the government is trying to ramp up d
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Previously, the market for vans was stagnate. Old models paired with poor optimism in the business world made vans appealing as cold liver and onions. But Bloomberg reports that vans are making a comeback. Data from Edmunds shows that van sales by unit have more than double in the past five years, outpacing the pace set by the auto industry overall. More surprising is that in the first quarter, sales of vans climbed another third. If this growth trend continues, its expected that 475,000 vans w
Thanks to increased optimism in business, van sales are climbing
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It is now official, the Detroit Auto Show will not be held in January beginning in 2020. Organizers of the show made the announcement yesterday afternoon and released a teaser video showing what the show may look like in its new date, complete with outdoor test tracks and vehicle displays. The Detroit Auto Dealers Association (DADA) will be holding a press conference on July 24th announcing the new date. As we have reported previously, DADA was considering moving the show to October not onl
The question is which month
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William Maley Staff Writer - CheersandGears.com July 5, 2012 The Highway Loss Data Institute, part of the Insurance Institute for Highway Safety (IIHS), released a study this week looking into crash avoidance technology. The results are a bit surprising. The study looked property damage liability (PDL) claims, meaning drivers who had a accident with another vehicle. The study also limited the number of manufacturers in the study to four; Buick, Mazda, Mercedes-Benz, and Volvo. Unsurprisingl
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Despite countless studies and reports that say Gen Y (AKA millienals) aren't interested in cars, a new study released this week says this key group are interested in cars. Deloitte LLP, a financial consulting firm published their Global Automotive Consumer Study which showed that Gen Y is very much interested in getting their own vehicle, despite not having the same love affair as their parents and grandparents. "Well over half (61 percent) of Gen Y consumers in the Deloitte report expect to b
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Its Not That Gen Y isn't Interested In Cars, They Just Can't Afford Them Right Now
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The National Electric Vehicles Sweden (NEVS), the folks who bought up the assets of Saab have licensed the Turkish government to use the aged Saab 9-3 as the basis of a new national vehicle.  "We bought Saab 9-3’s intellectual property rights, but not its name," said Fikri Isik. Turkish Science, Industry and Technology Minister.  "The brand [of the car to be developed] will be a Turkish brand, it will not be Saab. We will develop the technology in Turkey."  Isik told the Turkish govern
Coming Soon to Turkey, a Saab 9-3 based vehicle
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The current trend in powertrains is to downsize engine displacement to meet emission standards. Paired with a set of turbochargers, three-cylinder and even two-cylinder engines can produce enough power to move large vehicles. But this trend is coming to an end in Europe. Reuters reports that a number of European automakers are beginning to scrap their small displacement engines for larger displacement ones. With a number of real-world tests showing these engines produce higher CO2 and nitro
The small displacement engine in Europe is going away
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William Maley Staff Writer - CheersandGears.com September 23, 2013 Reuters is reporting that Fiat will be buying General Motor's share of Italian engine manufacturer VM Motori. VM Motori currently supplies engines for the Jeep Grand Cherokee and Ram 1500 EcoDiesel. "GM's notification to exercise its put option to sell to Fiat its 50 percent interest in VM Motori SpA is in line with the contracts Fiat entered into when it acquired a 50 percent stake in VM in 2010," said Fiat in a statement.
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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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Yesterday, Consumer Reports announced the results of their annual reliability survey for 2015.  Not surprisingly, the top ten was mostly made up of Japanese and Korean automakers, with Lexus and Toyota taking the top two spots. However, Audi led the Europeans by taking the third spot. For the domestics, Buick landed at number seven on the list.  The survey reports that a number of automakers are still having troubles with the infotainment system, but also with transmissions.  “We’ve see
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Consumer Reports Announces 2015 Reliability Survey Results
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January 16th, 2012 - Drew Dowdell - CheersandGears.com In a statement released on Friday the American Automotive Policy Council (AAPC), a political action committee formed by General Motors, Chrysler Group, and Ford Motor Company, announced opposition to Japan joining the currently running Trans-Pacific Partnership (TPP) free trade negotiations. The original members of the TPP formed in 2006 are Brunei, Chile, New Zealand and Singapore. From 2008 to 2010, five additional countries, Australia,
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William Maley Staff Writer - CheersandGears.com October 9, 2012 The way Tesla sells their vehicles is very different from other automakers. Their seventeen stores are modeled after the Apple Store; most are in malls for anyone to walk in and look at the vehicles. If you want to order a Tesla, you can do an online reservation. This has drawn the ire of dealers and dealer organizations, which have begun legal efforts to make Tesla's factory stores illegal. Their argument: "Tesla's factory-owne
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By William Maley Staff Writer - CheersandGears.com January 22, 2013 Last year, we reported on new legislation that wouldn't allow any rental-car company or car dealer to loan/sell any recalled vehicle before the necessary repairs have been made. Currently, only new vehicles cannot be sold unless the necessary repairs have been carried out. At the time, rental-car companies opposed the legislation, but have since agreed with it. Now dealers and smaller rental-car companies are fighting for an
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The battle to be the first Chinese automaker to make it in the U.S. is heating up. Ford's Chinese partner Zotye has been setting up agreements for about 20 dealerships in the US,  The goal is to bring the Zoyte T600 to the US in 2020. Previously Guangzhou Automotive had planned to bring their vehicles to the U.S. in 2019, but Trump's tariffs would delay their arrival. The T600, which looks like a cross between an Audi Q5 and previous generation VW Tiguan, sells between approximately $12,00
Lining up dealers to sell a budget crossover in 2020.
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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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America. The land of opportunity. Various automakers around the world want to get in on this very lucrative marketplace. But as Automotive News notes, trying to break into the U.S. marketplace is close to mission impossible. Automakers who don't compete in the U.S. see numbers like "16-million-plus sales volume of new cars and trucks" and "average transaction price of $30,665, according to J.D. Power" and want a piece of this. But the U.S. is an unforgiving place. "People around the wo
America is a difficult place to break in for automakers. So why do a number still want to try?
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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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Back i n May, the U.S. Commerce Department launched an investigation into car imports to determine the impact of car imports. The investigation falls under Section 232 of the Trade Expansion Act of 1962 which states "whether imports of automobiles, including SUVs, vans and light trucks, and automotive parts into the United States threaten to impair the national security." This could allow the Trump administration to levy tariffs as high as 25 percent on foreign-built vehicles. Yesterday, th
The tariffs as high as 25% are on hold for the moment.
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May was a horrible month for automakers as many reported sales drops. Part of this can be attributed sales of cars (especially sedans) imploding. According to Automotive News, the 15 largest automakers all posted lower car sales. Overall car sales dropped 16 percent. Â "We don't get a lot of ups on cars right now, as far as people even wanting a price on them," said Gary Uftring, president of Uftring Auto Group in Peoria, Ill. Â "Styling has changed, and what people want to be seen in is a c
May was a bad month for sedans
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A number of companies that are working on autonomous driving systems are implementing features that require a driver to take control in hairy situations. But Waymo, the self-driving unit of Alphabet (Google's parent company) recently revealed they have stopped developing these features. The reason is simple, drivers lacked the awareness to take over driving. Waymo's CEOÂ John Krafcik told reporters yesterday the decision to scrap this technology comes down to experiments done back in 2013 wi
Experiments showed people were too distracted to perform this task
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If you happen to be visiting Saudi Arabia, don't drift your rental car, you could lose your head. A popular amateur sport in the kingdom, drivers push their cars into skids at high speeds through traffic while spectators gather on the side of the road to watch and cheer, sometimes with disastrous results. Scores and scores of videos of the practice, called “Hadwalah”, are available on Youtube. In the video below, a Honda Accord is seen speeding down a highway with guns blazing out of the window
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William Maley Staff Writer - CheersandGears.com October 11, 2012 Small cars are on track to to capture the largest share of the U.S. auto market since 1993 according to Bloomberg. Sales of compact and sub-compact vehicles jumped 50% to 240,288 units last month, giving the segment a 19.3% of market share through September. That's only 1.2% off the highest market share that small vehicles ever got back in 1993. “Traditionally small cars were purchased by people who couldn’t afford anything el
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By William Maley Staff Writer - CheersandGears.com May 2, 2013 Coda Automotive is the latest casualty in the electric car industry. Yesterday, the company sent out a press release announcing they would be filling for Chapter 11 Bankruptcy in the District of Delaware. "After concluding a comprehensive review of our strategic options, the Board of Directors, management team and senior lending group have concluded that focusing on the Company’s energy storage business presents the best opportun
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A few weeks after Honda announced the closure of its manufacturing plant in Swindon, Sky News is reporting that BMW and Nissan are both looking at moving operations out of the UK in the event of a no-deal Brexit. BMW currently produces the Mini-Cooper in Oxford. BMW's Peter Schwarzenbauer has said that the company would "need to consider" moving production out of the UK. In addition to Mini production, some engine production would move to Austria from Birmingham. Likewise Nissan, whic
A no-deal Brexit may kill automotive jobs in the UK.
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Airbag manufacturer Takata is at the center of one the largest automotive recalls which affect an estimated 100 million vehicles from two dozen automakers around the world. The airbags in question have inflators that can rupture and send shrapnel flying in the event of a crash. They have been linked to at least 16 deaths and 180 injuries. Now, the next chapter begins as Takata filed for bankruptcy. Yesterday, TK Holdings (Takata's U.S. operations) filed for Chapter 11 bankruptcy in Delaware
We knew this was going to happen
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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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The threat of a 20 percent tariff on vehicles exported from the European Union has a number of automakers panicking. But that tariff could be taken off the table if the EU removes their tariff on vehicles exported from the U.S. German paper Handelsblatt learned from sources that a meeting was held between the US ambassador to Germany, Richard Grenell and number of CEOs from German automakers. Grenell presented an offer directly from President Donald Trump - "elimination of all tariffs on au
But they would need to make some concessions
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William Maley Editor/Reporter - CheersandGears.com January 16, 2012 A few years ago, a man by the name Scott Devin decided to build an American supercar to compete with the world’s best. So he called on a Swedish designer, Daniel Paulin to design his car. Now, being a new start-up car company, Devon couldn’t develop his own platform or an engine due to not having enough money. So, he went the donor car route for his new car and picked the Dodge Viper. Now, before you start thinking all Devo
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By William Maley Staff Writer - CheersandGears.com May 5, 2013 With the problems that Fisker Automotive is currently going through, one of companies that is somewhat effected is VL Productions? How so? Well, VL Productions showed off a vehicle called the Destino at the Detroit Auto Show this year that used Fisker Karma as a starting point, rips out the plug-in hybrid powertrain, and slips in the supercharged 6.2L LS9 V8 from the Corvette ZR1. Planned to go into production sometime in third q
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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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Most buyers don't tend to think of resale value until it comes time to sell their vehicle. But which models keep their value and which ones don't? iSeeCars.com recently published a study that looked into more than 4.3 million new and used car sales to determine which models lowest and highest loss in value after a five-year time frame. What vehicles had the lowest depreciation? According to iSeeCars, that would be SUVs and trucks. Taking the number one spot was the Jeep Wrangler Unlimited w
We'll give you a clue: What types of vehicles are flying off dealer lots?
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The COVID-19 pandemic has basically brought most of the world to halt. Orders to stay at home, businesses either having workers to their work from home or closing down, and unemployment skyrocketing is causing the economy to crater. There are efforts to try and jump-start the economy such as $1,200 stimulus checks. But an executive at Ford wants to see a return of a "cash for clunkers" like program. “We think some level of stimulus somewhere on the other side of this would help not only the
Is this a good idea or not?
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William Maley Editor/Reporter - CheersandGears.com January 17, 2012 If you’re one of people who wants an electric car, but have the fear of not having enough power to make it through your daily drive, you might want to hear this story. A new study released by Columbia University says that 95% of daily trips could be made with an electric vehicles. The study done by two doctoral students used data from the Department of Transport’s 2009 National Household Travel Survey. The data showed 95% of
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Protean Electric is proud to introduce their latest innovation to the auto world, the Protean 360+. A super-efficient, fully integrated in-wheel motor that brings 922lb-ft of torque or 1250Nm with 107hp or 80kW of power per wheel. This give the mobility solution a total of 428 hp or 320 kW of power with 3,688 lb-ft or 5,000 Nm of torque to move the auto. Urban mobility has never had a better option for ultimate maneuverability with the Protean 360+ delivering the following: Limitles
…An advanced new powertrain for urban transport...
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Back in 2007, the US Congress created the Advanced Technology Vehicle Manufacturing federal loan program to allow the US Government to loan out $25 billion to car manufacturers. The loans were created to help car manufacturers to retool factories and build more fuel-efficient vehicles. But those loans have been slowly trickling out. Only $9.2 of the $25 billion set aside has been used. Also, the program has been taking a long time to approve companies for loans. So far Ford, Nissan, Fisker, and
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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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After months of pressure from the U.S. Government and a number of recalls from automakers, Japanese supplier Takata agreed to declare that its airbag inflators in nearly 34 million vehicles are defective. The announcement was made today by U.S. Transportation Secretary Anthony Foxx at a press conference.  “Up until now Takata has refused to acknowledge that their airbags are defective, That changes today,” said Foxx.  The problem with Takata's airbags deals with propellant exploding with t
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Takata Comes Forward, Acknowledges Defect In Their Airbags
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A big complaint you'll hear from journalists covering the Detroit Auto Show is the month that it is held. January is a miserable time in the north with cold temperatures and endless amounts of snow. But there could be some relief coming. The Wall Street Journal has learned from various sources that organizers of the show are considering moving the show from January to October. Crain's Detroit Business adds that show officials have been floating this idea for more than a year with automakers
You mean we can attend the show when it is warm?!
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Back in 2010, Renault-Nissan and Daimler announced a new partnership that would see the two share powertrains and work on various projects. Some of those have come to fruition such as the Infiniti QX30, which is a Mercedes-Benz GLA-Class in different clothing and the platform that underpins the Infiniti QX50. But other projects between the two have been halted. Late last week, the Nikkan Kogyo business daily reported that joint development of luxury compact car project has been suspended. T
Consumer tastes and tariffs are to blame
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William Maley Staff Writer - CheersandGears.com October 15, 2012 The Tata Nano, introduced in 2009 as the world's cheapest car could be making its way to other countries. Ratan Tata, head of the Tata Group recently revealed in an interview that they are working on a redesigned version to be sold in the U.S. and Europe that could go on sale within three years. "The U.S. is a very enticing market. We are redesigning the Nano for both Europe and the U.S." The redesign will involve a larger eng
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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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When we last reported on the date change of the Detroit Auto Show, organizers had made the final decision on what month it would be held beginning in 2020 - either October or June. A new report from The Detroit News says June will be month that will be announced at a press conference on July 24th. Sources tell the paper that back in January that the Detroit Auto Dealers Association (DADA), organizers of the show sat down and started discussions as to moving the show. Originally, DADA had Oc
Might have some elements of the Goodwood Festival of Speed
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While Takata has agreed to declare its airbags in nearly 34 million vehicles defective yesterday, a new report from Bloomberg says the supplier changed the design to reduce the risk of abnormal deployment back in 2008. Â Sources tell Bloomberg that Takata changed the propellant mix to help reduce the effect of humidity - what many believe to be the cause of problem - around the same time that Honda announced that it would be replacing airbags in some of their models. Â This new information c
Some new information shines a light on the Takata mess
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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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William Maley Staff Writer - CheersandGears.com October 16, 2012 When we last checked in on the Fisker Atlantic, the mid-size sedan that would take on the 5-Series, A6, CTS, and others, was delayed from next year to sometime in 2014. A new report from Reuters says Fisker has pushed back production of the Atlantic to late 2014 or 2015, a full two years behind the original production date. "The Atlantic is really the volume car that begins to build growth. It creates a business model that is
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By William Maley Staff Writer - CheersandGears.com January 28, 2013 Today Diamler, Ford, and Nissan announced a new partnership to jointly develop a common fuel cell system for vehicle to be ready as early as 2017. The three companies will work together on a common fuel-cell stack and fuel-cell system. Also, the partnership will participate in the adoption of global specifications and component standards, and studying the joint development of other FCEV components. "We are convinced that fue
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In 2016, nine brands sold 20 diesel models in the U.S. But in light of the Volkswagen diesel emission scandal, a number from Volkswagen, Audi, and Porsche have been sidelined. But there are diesel models from GM, FCA, BMW, Mercedes-Benz, Jaguar, and Land Rover still being offered. But the only 2017 models you can buy at the moment are from Jaguar and Land Rover. Where are the rest? In limbo thanks to a new battery of tests being doing by the EPA. Automotive News reports that since last Octo
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Where are the 2017 diesel vehicles? Ask the EPA.
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Whenever Bob Lutz speaks, many people tend to listen as he a number of years of being in the automotive industry under his belt. Recently, Lutz wrote an editorial for Automotive News' Redesigning the Industry where he predicts we are “approaching the end of the automotive era,” within the next 20 years. “The end state will be the fully autonomous module with no capability for the driver to exercise command. You will call for it, it will arrive at your location, you’ll get in, input your des
When did Bob Lutz become Nostradamus?
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William Maley Editor/Reporter - CheersandGears.com January 18, 2012 According to a report from research firm R.L. Polk & Co, the average of age of a vehicle on the road stands at 10.8 years last July. The report says the average age of passenger vehicles stands at 11.1 years, while for light trucks, it’s 10.4 years. Polk says the median age of cars has been on the rise for the past 16 years because people are keeping their cars longer due to various reasons. Most recently, the economic d
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By William Maley Staff Writer - CheersandGears.com May 9, 2013 Another company that was a part of the $25 billion Advanced Technology Vehicle Manufacturing loan program has suspended operations. Vehicle Production Group or VPG Autos has suspended production of their wheelchair-accessible MV-1 van and laid off nearly all of its 100 employees back in February. This news is only coming to light this week thanks to comments by former VPG Autos CEO John Walsh to USA Today. Walsh explained that VP
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Lithium ion battery maker A123 Systems today said it has sold its automotive business to Johnson Controls and is filing for bankruptcy protection. The moves are a change in strategy for the ailing Waltham, MA-based company, which in August said it will sell an 80 percent share to the auto parts division of Chinese conglomerate Wanxiang for $450 million. Johnson Controls will acquire a significant set of assets for its $125 million investment, some of which were paid with federal aid. A123 Syst
Lithium ion battery maker A123 Systems today said it has sold its automotive business to Johnson Controls and is filing for bankruptcy protection.
The moves are a change in strategy for the ailing Waltham, MA-based company, which in August said it will sell an 80 percent share to the auto parts division of Chinese conglomerate Wanxiang for $450 million.
Johnson Controls will acquire a significant set of assets for its $125 million investment, some of which were paid with federal aid. A123 Systems’ auto business includes its technology, two battery factories in Michigan, a cathode powder manufacturing facility in China, and A123’s stake in two auto parts suppliers in China. Johnson Controls also will put up $72.5 million so A123 can maintain operations during the sale.
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By William Maley Staff Writer - CheersandGears.com January 29, 2013 Ray LaHood, the Transportation Secretary of the Obama administration announced today that he would be stepping down. "I have let President Obama know that I will not serve a second term as Secretary of the U.S. Department of Transportation. It has been an honor and a privilege to lead the Department, and I am grateful to President Obama for giving me such an extraordinary opportunity," LaHood wrote in an email. LaHood has
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By William Maley Staff Writer - CheersandGears.com May 10, 2013 While the midsize sedan market as a whole remains the single largest segment in the U.S., sales of the Honda Accord and Toyota Camry are shrinking due to the rise of crossovers. "While the segment is still growing year-over-year, it's nowhere near what it was growing last year as the industry was launching a lot of new midsize cars," said Bill Fay, the U.S. head of the Toyota brand. The rise of crossovers are being fueled by th
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William Maley Editor/Reporter - CheersandGears.com January 19, 2012 Tesla CEO Elon Musk has confirmed that a prototype of the all-electric Model X crossover will be revealed on February 9 at Tesla’s design studio in California. Originally to be shown at NAIAS, the Model X will use the Model S sedan’s aluminum-intensive platform. Power is expected to go to all four wheels possibly by utilizing the Model S’s electric drivetrain at the rear wheels while adding one to two electric motors up fron
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William Maley Staff Writer - CheersandGears.com October 20, 2012 (Author’s note: This is a new thing I’m trying out with the news coverage. Let me know what you think about this. -WM) Everyday, I go through a number of stories that I will post on Cheers & Gears. However, a good number of stories that I have picked out don’t make it onto the page during the week and either get posted next week or never. That’s about change with the arrival of the Cheers & Gears’ Weekend Edtion. Its w
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Like many countries, China offers various incentives to spur the sales of electric vehicles. But a report from Bloomberg says the Chinese government is considering reducing various subsidies beginning next year. According to sources, the government is considering cutting the average incentive by more than a third from where they currently stand. Also up for consideration is incentives being eligible on models that can travel at least 200 kilometers (about 125 miles) on a single charge. Why
To spur innovation
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William Maley Editor/Reporter - CheersandGears.com April 2, 2012 The National Highway Traffic Safety Administration has opened investigations into the 2011 Chevrolet Cruze and the 2010 Jeep Wrangler for engine fires. The government agency received two complaints about fires on the Cruze and eight for the Wrangler, with some owners reporting their vehicles were completely destroyed. In the two complaints for the Chevrolet Cruze, both reported the fires began while the vehicle was in motion.
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The U.S. Commerce Department is asking automakers to spill their secrets; product planning, financing, supply chains, and other bits that aren't in public filings. Bloomberg reports that the department’s Bureau of Industry and Security sent out a  34-page questionnaire asking for sensitive details to several automakers. Failure to do so could result "in a maximum fine of $10,000, imprisonment of up to one year, or both" as mentioned on the first page of the survey. “The breadth and dep
I've got a secret
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Drew Dowdell - January 19, 2012 - CheersandGears.com One of the limitations of current wind turbine technology is the limited amount of power generated per turbine. Large scale installations are required to match the power output of just the smaller coal buring powerplant. The largest wind turbines in the world produce about 5mw of power while the average coal fired power station produces around 500mw. Simple math can tell you that 100 of the largest wind turbines we have would need to be buil
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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...
- Editor-in-Chief
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Automakers for the most part were hurting in sales during the second quarter. The COVID-19 pandemic and the economy coming to a screeching halt for a brief time caused new car sales to drop by a third according to Automotive News. But there is a slim silver lining to this, full-size pickups have moved into being the best-selling segment of vehicles. According to data from Automotive News, one out of four vehicles sold between April and June was a pickup truck. This helped put them ahead of
The Trucks Are Alright, Everyone Else TBD
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William Maley Staff Writer - CheersandGears.com October 22, 2012 Earlier this month, we reported that four states; Illinois, Massachusetts, New York and Oregon were complaining about Tesla and their stores. "Tesla's factory-owned stores present unfair competition for rival dealerships, are inconvenient for consumers needing repairs and, if left unchallenged, ultimately threaten the franchise system," said a report in Automotive News. Tesla didn't see a problem with their stores. "We do wha
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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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A self-driving shuttle service got off to an auspicious start yesterday in Las Vegas when it was involved in an accident with a delivery truck. According to NBC affiliate KSNV, the accident took place during the shuttle's first hour of service when a delivery truck back into the shuttle. According to an AAA representative on Twitter, the driver was cited by Las Vegas Metro Police. "The autonomous shuttle was testing today when it was grazed by a delivery truck downtown. The shuttle did
Not off to a good start
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William Maley Staff Writer - CheersandGears.com October 3, 2013 Ever wonder why more automakers are jumbling letters and numbers together to name vehicles? Its because there are less names that automakers can legally use around the world. "It's tough. In 1985 there were about 75,000 names trademarked in the automotive space. Today there are 800,000," said Russ Clark, director of marketing for Chevrolet. "The truth of the matter is, across the world, there is hardly a name or a letter that h
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William Maley Staff Writer - CheersandGears.com July 10, 2012 In 1939, Oldsmobile introduced the first automatic transmission dubbed Hydra-Matic. Hydra-Matic came four forward gears and a reverse gear. Fast forward 73 years and we have vehicles with six, seven, and even eight-speed automatics. And then there is the talk about vehicles getting nine and even ten speed transmission. This of course has the peanut gallery making comments of when we're going to see an eighteen-speed transmission.
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Europe is starting to develop a case of pickup truck fever. According to data from JATO Dynamics, 80,300 trucks were sold in Europe in the first half of this year. This pales in comparison to the 1.1 million full-size and 216,194 midsize trucks sold in the U.S. in the same timeframe. But sales in Europe are climbing. LMC Automotive says sales of trucks in Europe are up 19 percent and they predict sales will crest 200,000 next year. Why this steady rise in pickups? According to Automotive Ne
Not even Europe is immune to pickups
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William Maley Staff Writer - CheersandGears.com October 4, 2013 The Environmental Protection Agency announced plans to release their results of fuel economy audits done on twenty vehicles. Christopher Grundler, head of the EPA's Office of Transportation and Air Quality tells Automotive News the audits looked at a specific portion of the test cycle known as the coast-down test. The coast-down test has a vehicle run up to 80 MPH and then is allowed to glide to a stop. This test measures the ae
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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
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Hyundai and Volvo are wanting to court former Volkswagen 2.0L TDI owners with special deals
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The Geneva Motor Show saw Mercedes introduce their new AMG GT 4-Door and BMW revealing their M8 Gran Coupe concept. We still find ourselves scratching our heads as to why these vehicles exist in the first place, but a new Bloomberg report explains an interesting reason as to why automakers are building them. These high-performance models with high price-tags will help generate the cash needed to develop electric vehicles. BMW for example is in the midst of its largest rollout of new models
How else are they supposed pay for it?
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We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis. Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name mean
How much did the two spend on consultants to come up with this name?
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By William Maley Staff Writer - CheersandGears.com May 16, 2013 During a congressional hearing on crash-prevention features yesterday, the National Highway Traffic Administration's administrator David Strickland told the hearing that NHTSA was considering a new mandate to require new vehicles to be equipped with an automatic braking system. Automatic braking systems uses either or both radar and cameras to monitor the road for vehicles and objects then apply the brakes if the system detects
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Back in 2008, the Society of Automotive Engineers (SAE) came up with a new standard for light-duty pickup tow ratings. Called J2807, the standard would simplify the testing methods for determining the max tow weight a light-duty pickup could handle. The standard was to be implemented in the 2013 model year, but it wasn't. Ford in 2012 surprised everyone by saying it would not adopt the new standard for the 2013 F-150 and would wait till the 2015 redesign. GM and Ram followed suit there after. Th
The Detroit Three Are Finally Implementing J2807 Standard
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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
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Sergio Marchionne Chimes In On The Upcoming Fuel Economy Standards
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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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William Maley Staff Writer - CheersansGears.com July 12, 2012 From the we're a bit skeptical on this file; Autocar had the chance to talk with Tesla’s chief designer, Franz von Holzhausen. von Holzhausen told the magazine that work on a new model has begun and will be an entry level model. “The third model will continue to drive down the price point as fast as possible,” said von Holzhausen. von Holzhausen goes onto say the new model will have more distinctive styling than recently released
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The comedy of errors that is electric car startup Faraday Future continues. According to the Las Vegas Review-Journal, Faraday Future has stopped construction on its $1 billion production facility in North Las Vegas. The company in a statement the decision came down to a changing business strategy. “We have decided to put a hold on our factory at the Apex site in North Las Vegas. We remain committed to the Apex site in Las Vegas for long-term vehicle manufacturing.” Faraday goes on to s
More bad news for Faraday Future
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PSA Group has been hard at work on its plan to return to the U.S. by 2026. They already have a brand chosen that will lead the launch (bur aren't saying if it will be Citroen, DS, Peugeot, or the recently acquired Opel/Vauxhall) and has open their U.S. headquarters in Georgia. The next step is figuring out where they'll begin selling vehicles. Larry Dominique, CEO of PSA Group North America told reporters that he has his eyes on 15 states to launch. Among the states mentioned include,
But what happens if the tariffs go into effect?
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By William Maley Staff Writer - CheersandGears.com February 3, 2013 The U.S. Department of Energy announced a updated strategy to promote green cars and lower the costs over the next nine years at the Washington D.C. Auto Show on Thursday. One part of the original strategy which stated a goal of having a million electric vehicles on the road by 2015 has been eased off. "Whether we meet that goal in 2015 or 2016, that's less important than that we're on the right path to get many millions of
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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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IHS Markit recently published their analysis on how long Americans are holding onto their vehicles. The average according to the firm stands at 11.9 years, the highest amount since they have been tracking this. Also, about one in four vehicles is over sixteen years old. We should note that this data came before COVID-19 started to wreak havoc on the U.S. IHS notes that new cars only made up 6.1 percent of vehicles in operation in 2019, down 0.8 percent when compared to high of 2016. This highlig
Expect the Age to Climb Higher Due to COVID-19
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William Maley Staff Writer - CheersandGears.com October 27, 2012 Everyday, I go through a number of stories that I will post on Cheers & Gears. However, a good number of stories that I have picked out don’t make it onto the page during the week and either get posted next week or never. That’s where the the Cheers & Gears’ Weekend Edtion comes in. Its where the stories that gotten forgotten about during the week get their due. In this second edition, we’ll be covering, Two New Honda
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Prices of new vehicles are climbing to record highs and causing buyers to look at leases for lower monthly payments. Â According to CNBC, a new report from Experian Automotive found that 31.46 percent of vehicles sold in the first quarter were leased. This is up from the 24.05 percent who chose to lease five years ago. The report also reveals that that the average monthly payment for a new vehicle loan was $488, up $14. But, the average lease payment was down $7 to $405. Â "The difference be
More Americans Are Choosing To Lease
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Just how slippery is the Lightyear 0 EV? Try a confirmed 0.175 coefficient of drag (Cd) for this solar assisted electric car with testing having been done by FKFS wind tunnels in Stuttgart, Germany, under WLTP protocols. I know, I know, how much more aerodynamic is this than others and here is the top 3 cars till today. Lucid Air, Tesla Model S and Mercedes-Benz EQS have all come in at 0.20 to 0.21 meaning the Lightyear 0 is slippery. Even GMs EV1 which only had
Lightyear 0 is starting its initial production run of the world most aerodynamic solar car.
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By William Maley Staff Writer - CheersandGears.com February 5, 2013 The trend of automakers downsizing engines and adding turbochargers to add performance and increase fuel economy has drawn the ire of Consumer Reports. The publication recently tested eleven different vehicles and found that with rare exception, “the turbocharged cars have slower acceleration and no better fuel economy than the models with bigger, conventional engines.” Consumer Reports highlights the Ford Fusion which can
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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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William Maley Staff Writer - CheersandGears.com October 9, 2013 Don't own a vehicle? You are not alone. In fact, the number of people who don't own a vehicle is increasing. The American Association of State Highway and Transportation Officials released a brief that states the number of American households that don't own a vehicle has seen a uptick. Starting in 1960, the number of households that didn't own a vehicle declined steadily, reaching a low of 8.7 percent in 2007. But since that tim
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While the big story at PSA Group (parent company of Citroen and Peugeot) is about the possible sale of Opel, they are also getting ready to begin to take their first steps into re-entering the U.S. marketplace. In April, car-sharing service TravelCar will launch at airports in Los Angeles and San Francisco. The service has been operating at various airports and train stations in Europe since 2012. The expansion into the U.S. is thanks to a 15 million euro (about $18.5 million) investment by
Via CarSharing
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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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William Maley Staff Writer - CheersandGears.com July 17, 2012 The current Suzuki SX4 is going on six years and its beginning to show its age. Suzuki knows this and is working on the next generation SX4. Some new spy shots show how much progress Suzuki has made on the next SX4. The next SX4 appears to be much larger than the current model, thanks to larger greenhouse. Other design changes include a new grille and headlamps. There also appears to be a large intercooler that is hiding behind t
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For the first time in sixteen years, J.D. Power and Associates says data from its recent vehicle dependability study shows that the average number of problems per 100 cars has increased. This year's study charted 2011 models over three years of ownership and tracked the number of problems. Looking at first-owner cars from the 2011 model year, J.D. Power reports an average of 133 problems per 100 cars (or shorten to PP100). This is an increase of six percent when compared to 2010's 126 PP100 ave
J.D. Power Says Vehicle Dependability Is Going Down For The First Time Since 1998
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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. Â 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
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Michigan is using potholes as a plus when it comes to autonomous vehicle testing
