Month: November 2019

The all-new mid-engine C8 Corvette’s impressive $59,995 starting price is only good for the first year, as we reported back in August, and unless it goes up by $20,000, Chevrolet will continue to lose money on low-trim cars, a senior GM source tells MotorTrend. We had a feeling the $59,995 starting price was too good
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DETROIT – Fiat Chrysler Automobiles and the UAW reached a tentative agreement on a four-year labor contract covering wages, benefits and job security for 47,200 workers, the union and company said Saturday. The UAW did not immediately provide details of the deal but it’s expected to follow the framework set by contracts the union has ratified
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Many in the automotive industry are talking about the need to consolidate to overcome the challenges of emissions regulations and autonomous cars, but Carlos Tavares is doing something about it. In 2017, PSA acquired Opel/Vauxhall from General Motors and within 18 months the money-losing German/British brands were recording 5 percent operating margins. This year, Tavares
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Electric powertrain supplier and supercar builder Rimac has its fingers on the pulse of the market, but it’s not planning to cave and build a performance SUV, its boss says. Company founder and CEO Mate Rimac told Top Gear in a recent interview that while the market may exist for hotted-up SUVs, he doesn’t believe that
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The 2020 Audi A7 strikes an enviable balance between luxury, performance, practicality, and style. Moreover, with its 48-volt mild-hybrid powertrain, the A7 is even somewhat frugal. It is the automotive equivalent of a German chocolate cake that’s made out of vegetables, albeit one procured from a pricey artisan bakery and not Safeway. We score the
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Thomas Schmall, head of VW Group Components, is methodically restructuring the company’s $38.5 billion parts business, now at the epicenter of the automaker’s massive shift to electrified cars. An example of this is the battery-powered Volkswagen ID3, which will be on the road next summer. While the Golf-size car still requires a lot of conventional
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DETROIT — Perched at the top of McLaren Automotive’s product lineup is the Ultimate Series, an elite group of hypercars built in scarce production runs with prices that start in the high six figures. That’s far out of reach for most of the North American vehicle market, but McLaren is expanding the segment rapidly —
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PARIS — Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance CEO Carlos Ghosn. Renault is trying to repair relations with its Japanese partners after they were shaken by Ghosn’s arrest in Tokyo a year
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BERLIN — Daimler could face further recalls related to manipulated diesel engines in some of its Mercedes-Benz compact car models, weekly magazine Der Spiegel said on Friday, without citing sources. Germany’s transportation regulator KBA is currently investigating suspicious software used in some diesel engines which Daimler bought from another automaker, the report said. Recalls could
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The 2006 Lamborghini Concept S previously offered at RM Sotheby’s 2017 Monterey Car Week auction is going up for sale yet again at the auction house’s annual Abu Dhabi event later this month.  Lamborghini’s Concept S was the design brainchild of former Bentley, Lamborghini and Audi design director Luc Donckerwolke. Before departing to work for
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The 2020 X3 offers thrilling performance in top trims, but even the base car is noteworthy.  Starting from an average score of 5, the 2020 X3 gets points above average for a good ride and powertrains that range from very good to excellent. It’s an 8 out of 10.  The base engine is a 248-hp
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Cue the Benny Hill music. The amusing story of the week, month and probably year comes from Russia and it involves a BMW X6 engulfed in flames and a sewage truck that might have wanted to join the fire department during its younger years. Now, we’ll go into specifics in a moment, after catching our
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DETROIT — Since taking the CEO job at Adient in October 2018, Doug DelGrosso has been operating as a kind of field surgeon — cutting away situations of the past that left the seating giant with billions in losses, applying a tourniquet to its bleeding business units and ultimately asking the company’s employees to endure
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Editor’s note: The first name of Doug Ostermann, FCA’s business development chief, was incorrect in an earlier version of this story. TURIN — PSA Group and Fiat Chrysler Automobiles will continue to operate as competitors until their planned $50 billion merger gets approval by the various antitrust authorities around the world, a process that could take
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