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GM drops to No. 4 in revenue, No. 3 in sales

Posted Aug 20th 2014 10:32AM

Massive Ignition Switch Recall Weighs Heavy On GM's Profits

It doesn't seem that long ago that General Motors was far and away the largest automaker in the world. In fact it was for the better part of a century. But that was before Toyota started to encroach and a series of damning events began to unfold to drive GM into bankruptcy. Now it's slid down to fourth place.

With the financial statements in for the first half of 2014, GM dropped to the fourth place with gross revenues of $39 billion. That puts the General behind Volkswagen (which reported $68 billion in revenue), Toyota (at $62 billion) and a surprise upsurge from Daimler, which nudged past at $42 billion. GM did, however, just beat out the Renault-Nissan Alliance by $100 million, and came in well ahead of Ford ($37B), Hyundai ($33B), Fiat-Chrysler ($31B), Honda ($29B) and BMW ($26B).

Those numbers, of course, relate to revenues – multiplying sales volume by how much each automaker charges for each vehicle sold. When it comes to the volume of cars produced, GM ranks in third place with 4.92 million units sold in the first six months of 2014, behind Toyota's 5.1 million and VW's 4.97.

News Source: The Detroit Bureau

Image Credit: Bill Pugliano / Getty

2015 Subaru Legacy, Outback crash their way to IIHS Top Safety Pick+ ratings [w/video]

Posted Aug 20th 2014 9:59AM

Subaru Legacy

Subaru OutbackThe Subaru Legacy and Outback are the latest vehicles to be awarded the Insurance Institute for Highway Safety's most prestigious safety title, Top Safety Pick+.

As we've explained many times before, this only applies vehicles that can score an "Acceptable" or "Good" rating on the five IIHS crash tests and earn at least a "Basic" rating for crash prevention systems.

In the Legacy's case, it totally aced IIHS's testing, earning "Good" scores on the small overlap, front moderate overlap, side impact, roof crush and rear impact tests, while also bringing home the top "Superior" rating for its optional EyeSight system.

According to IIHS, Subaru holds more Top Safety Pick titles than any other manufacturer, with seven vehicles earning the safety award. Of those, four of them are TSP+ vehicles.

Scroll down for video of the Legacy's small-overlap test, as well as press releases from both IIHS and Subaru.
Related Gallery2015 Subaru Legacy
2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy2015 Subaru Legacy

News Source: IIHS via YouTube

2015 Corvette rated at 29 MPG highway with 8-speed auto, quicker to 60 [UPDATE]

Posted Aug 20th 2014 9:30AM



UPDATE: After reaching out to Chevy PR for clarification, we now know that the 16/29/20 City/Highway/Combined mile-per-gallon ratings are for the standard Corvette with the new eight-speed transmission, while the 0-60 and quarter-mile times are for the Z51-equipped car using the new trans. The company does not yet have mpg estimates for the Z51/8AT combination.

The Chevrolet Corvette Stingray is already one of the best performers in its class and price range, and Chevy is making it even better for the 2015 model year with the introduction of a new, eight-speed automatic to replace the previous six-speed. The updated transmission isn't exactly news, but the Bowtie brand is finally telling customers why the two extra gears are so important. Autoblog will have driving impressions of the 2015 up later today, but for now, you can snack on this delicious morsel of info as an amuse-bouche ahead of our full impressions.

The eight-speed carries an EPA-estimated rating of 29 miles per gallon highway, a 1-mpg improvement over the previous automatic, and the 16-mpg city and 20-mpg combined figures remain the same as before. According to Chevy, part of the improvement comes from a new 2.41 rear axle ratio that has the engine turning 8 percent less at 70 miles per hour. Though, Z51 models keep their 2.73 ratio at the rear.

However, it's not all about eking out slightly better economy, as the eight-speed also makes the Stingray even quicker than before. The gearbox hustles the 2015 'Vette to 60 mph in 3.7 seconds, a tenth better than with six gears. The run through the quarter mile also drops a tenth to 11.9 seconds. The boost in performance comes thanks to a more aggressive first-gear ratio than before, the company claims.

Of course, not everyone wants an automatic, even an improved one, so for those who want to row their own gears, the seven-speed manual is still available too. Scroll down to read Chevy's full announcement and look forward to our Quick Spin coming soon.

News Source: Chevrolet

Image Credit: Copyright 2014 Seyth Miersma / AOL

Ford begins testing right-hand-drive Mustang

Posted Aug 20th 2014 9:02AM

2015 Ford Mustang right-hand drive

Ford has officially kicked off testing of the right-hand-drive variant of its sixth-generation, 2015 Mustang, according to a statement issued by the company, which came with the above photo.

According to Ford, this will mark the first time a right-hand-drive 'Stang has traveled down the company's assembly line alongside its LHD brethren. It is far from the first of the legendary pony cars to feature its wheel on the wrong side, though, as converters in RHD markets across the globe have been making swaps for years.

Ford is planning on using the white, droptop Mustang for RHD development ahead of the car's arrival in the UK, Australia and South Africa, among other markets. Scroll down for the official press blast.

News Source: Ford

Skoda reveals new Fabia ahead of Paris debut

Posted Aug 20th 2014 8:30AM

2015 Skoda Fabia

Since it doesn't market in these United States, Škoda may not be an automaker consistently on our radar screen. But it sells nearly a million vehicles each year in markets like Europe and China, and though it doesn't ell as many as the larger Octavia, the Fabia is one of the Czech automaker's biggest sellers. In fact Škoda sold over 12,000 Fabias just last month, despite the model having been on the market virtually unchanged for seven years already. But now the Volkswagen's most bohemian brand is rolling out the third-generation model.

Set to be unveiled at Paris Motor Show in October, production of the new Fabia is already set to begin before the end of the month at the company's upgraded plant in Mladá Boleslav. Based on VW Group's A05 platform, the new Fabia shares its underpinnings with the Volkswagen Polo, Seat Ibiza and Audi A1... only while full specifications have yet to be announced, if the previous two versions are anything to go by, the new Fabia will once again offer more space than its platform-mates.

Expect the new Fabia, revealed in these photos for the first time, to offer a wide range of engine choices (including four gasoline and three diesel engines) with stop/start and brake energy recuperation systems when it starts hitting showrooms in markets around the world... even if that doesn't include our own.
Related Gallery2015 Skoda Fabia
2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia2015 Skoda Fabia

News Source: Skoda

Max Verstapen to drive for Toro Rosso in 2015

Posted Aug 20th 2014 7:59AM

Max Verstappen

As the 2014 Formula One World Championship returns from its summer break, preparations are beginning for next season with the latest announcement coming from Scuderia Toro Rosso. After having signed on with the Red Bull Junior Team development program earlier this month, Max Verstappen has now been promoted to a race seat for next season with STR.

Born in 1997, Verstappen will be the youngest driver ever to compete in F1 when he makes his debut next season. The young rookie has enjoyed a meteoric rise up the motor racing ladder. Just last year he was still in karts, and is currently standing in second place in the FIA European Formula 3 Championship, having already won several races – including the coveted Masters of Formula 3 race at Zandvoort.

The latest legacy driver to join the grid, Max is the son of Jos "the Boss" Verstappen who competed in F1 off and on between 1994 and 2004, scoring just two podium finishes (in his first year with Benetton) but taking an LMP2 class win at Le Mans in 2008.

At Toro Rosso next season, Max will drive alongside Russian rookie Daniil Kvyat, who just made his debut this season and became the youngest driver ever to score a championship point at the 2014 Australian Grand Prix. He replaces Jean-Eric Vergne, a similarly accomplished F3 driver who has failed to take a single podium finish in three seasons with the "other" Scuderia.

News Source: Scuderia Toro Rosso

Autoblog Podcast #393 goes LIVE at 10PM Eastern!

Monterey Car Week, Jeffrey Rothfeder Interview, Woodward Dream Cruise, Dodge Charger Hellcat, Mid-Engine Corvette

Posted Aug 19th 2014 9:30PM

Autoblog Podcast Live


We're almost ready to record Episode #393 of the Autoblog Podcast! You can check out the topics below, add your own to the Q&A and join us live via UStream, as well. Keep reading for our embedded UStream player, and thanks for listening!

Discussion Topics for Autoblog Podcast Episode #393

Mercedes-Benz Sprinter and Ford Transit can haul on the track

Posted Aug 19th 2014 8:00PM

Mercedes Sprinter versus Ford Transit

Line up any two comparable vehicles, and eople are going to want to race them. Need proof? In its latest track battle, Auto Express wants to know which commercial vehicle can lap a circuit faster – a Ford Transit or Mercedes-Benz Sprinter. Let's face it, neither of these European vans were ever meant to be near the track unless they are delivering a racecar and a ton of parts for a fun weekend, but it's massively fun to watch them give it a go anyway.

The one thing that Auto Express really illustrates here is the modern marvel that is stability control. The driver hops curves, and these big vans lean in the corners like your friend walking home from a long night at the bar. However, because of the amazing stability systems, the vans mostly keep all of their wheels planted and never seem close to getting sloppy, despite their behemoth size.

Unfortunately, the two vans aren't exactly fairly paired. The Ford has a dual rear axle and a few other advantages over the Mercedes, but it's still hilarious to watch them go. Even better, the host breaks down everything happening behind the wheel like these commercial vehicles were two Porsches. Enjoy watching this very unorthodox battle between Ford and Mercedes.

News Source: Auto Express via YouTube

Image Credit: Copyright 2014 AOL

What you missed on 8.19.14

Posted Aug 19th 2014 7:30PM

Daily U-Turn

ALS Ice Bucket challengeAutoblog takes the ALS Ice Bucket Challenge

Yeah, it's a fad. Yeah, lots of people are doing it. But it's a fad that was created to benefit a worthwhile charity, and the more people do it, the more money gets donated. Of course, you could also click and watch just to see the editors of Autoblog dump ice cold water on their heads. Either way, the video awaits.


Audi R8 V8We review the 2014 Audi R8 V8

The Audi R8 has been with us for so long that sometimes we forget just how great it is. Which is to say it's rather great indeed. Our man Jonathon Ramsey takes the keys to the bright white example you see to the right, and proceeds to drive it all over Germany and into France. Want to know what he thought? Click the link above to read all about it.





2015 Dodge Challenger Hellcat on Woodward AveWhat's it like to show up to the Woodward Dream Cruise in the hottest new muscle car?

If there's one common denominator at the Woodward Dream Cruise, it's a love of horsepower. It doesn't matter if those ponies are smoking the tires of an foreign car or domestic – well, hailing from Detroit might make a difference – whether it has two doors or four. Dream Cruisers love horsepower, and the 707-horsepower Challenger Hellcat is happy to oblige.



Top Stories

2015 Mercedes C-Class configurator tucks in

Posted Aug 19th 2014 7:01PM

A screenshot of the configurator for the 2015 Mercedes-Benz C-Class.

We know it takes $39,325 just to get a C300 off the lot, now that Mercedes-Benz has posted the configurator for the 2015 C-Class we can research how much we'll need to get the one we want. Going for tempered extravagance first, we built a C400 with options like the multispoke wheels, LED-stuffed exterior lighting, the leather-bound Interior Package, the Multimedia and Driver Assistance Packages, and the Hands-Free Access Package as a cherry. We could have motored back home for $59,575.

Then we went the other way, kitting out a C300 with fewer options and more sport. That meant adding the Sport Package for fancy wheels and the sport interior, we stuck with black MB-Tex and aluminum inside, plus heated front seats, then skipped all the premium interior packages but did Keyless Go for $550, Airmatic Suspension, the rear view camera, and splurged on the illuminated star up front and a spoiler in back. The register rang up $47,200.

There are a few curious details, starting with the color palette: eight of the ten exterior hues are from the monochrome range; the only two real colors are Dakota Brown Metallic (pictured) and Lunar Blue Metallic. In Germany, they also get a bright blue and a Hyacinth Red. The C400 gets four choices of interior material and three of interior trim, the C300 gets 15 choices of material and seven of trim. Then there are à-la-carte gotchas like the Head-Up Display, which lists for $990 but choosing it automatically adds the $2,700 Premium Package. But hey, it's only configurator money, so have at it.

News Source: Mercedes-Benz USA via Toucans Web

Image Credit: Copyright 2014 Steven J. Ewing / AOL / Mercedes-Benz

Caparo T1 Evolution to carry $1.5M sticker price

Posted Aug 19th 2014 6:30PM

Caparo T1

If you're looking for racecar performance for the street (or at least for non-competitive track days), it doesn't get much more direct than the Caparo T1. With "only" 575 horsepower on tap, the lightweight F1-car-for-the-road will rocket to 60 miles per hour in 2.5 seconds and grip the tarmac like nothing else on road or track, all for $400k. But even at that price, Caparo has only sold a handful of T1s. The upcoming T1 Evolution, however, will cost more. Much more.

According to Dutch newspaper De Telegraaf's automotive publication Autovisie, the upcoming Caparo T1 Evolution will cost a whopping 1.1 million euros – equivalent to nearly $1.5 million at today's rates. That's almost enough to buy four standard T1s, or even more than the latest hybrid hypercars like the Ferrari LaFerrari, McLaren P1 or Porsche 918 Spyder. (Close to two times the latter, in fact.)

So what do you get for all that scratch? Details are still rather limited, but as we reported a couple of weeks ago, the T1 Evolution is slated to pack 700 horsepower along with new electronics like an on-board telemetry system as well as ABS, traction control and stability management. As a result, you can expect the T1 Evo to be even more extreme in its performance than the vehicle on which it is based, but you'll have to pay dearly for the privilege.
Related GalleryCaparo T1
Caparo T1Caparo T1Caparo T1Caparo T1Caparo T1Caparo T1Caparo T1Caparo T1

News Source: Autovisie

Infiniti previews a new... something

Posted Aug 19th 2014 6:00PM

Infiniti concept teaser

Sometimes we get a teaser image and accompanying statement where we can at least surmise what the automaker is up to. This is not one of those times.

The automaker, in this case, is Infiniti, and the teaser image shows only a grille with a similar shape to what you'd find on most of the company's products, albeit with a curvier mesh. Which isn't much to go on, really, and the accompanying statement (which you can read below in its forty-word entirety) doesn't give us much more. All it says is that the vehicle in question – which we'll wager is a concept car instead of a production debut – has "style and substance" embodied in a "vision... on a scale not seen before" from Infiniti.

Given the French peppered into the release and the encroaching chronological proximity of the Paris Motor Show, we'd guess that's where Infiniti will reveal this latest but of inspiration, but just what form it will take is still a mystery.

News Source: Infiniti

Surprise Costs Have A Cost: Why we turned down the Hyundai Tucson Fuel Cell

Posted Aug 19th 2014 5:44PM

Hyundai Tucson Fuel Cell

They say you can always tell the pioneers. They're the ones with the arrows in their backs. Unfortunately, that was our experience pursuing – and eventually rejecting – the new hydrogen fuel cell-powered Hyundai Tucson.

I first heard about Hyundai's new hydrogen fuel cell vehicle (FCV) at the Los Angeles Auto Show in November 2013. As a tech buff, the thought of driving a new, clean technology vehicle sounded exciting. Best of all, Hyundai was wrapping the new vehicle in a smart, familiar package, as a loaded current-generation Tucson SUV. The FCV Tucson was billed as $499 a month with $2,999 down, with free fuel and free maintenance. Our family needed a new, small, fuel efficient SUV, so I signed up for information on the upcoming lease program.

Someone has to go first. Why not us?

In the spring of 2014, I learned more at a Clean Fuel Symposium, held on the Queen Mary in Long Beach. The panel was packed with experts on alternative fuel vehicles. One spokesperson outlined the chicken or egg problem with alternative fuels like hydrogen: fuels first or vehicles? Another said something that I should have heard more clearly. "If the argument [to move to alternative fuel vehicles] has to start with a change of behavior from consumers, that's a hard row to hoe." I would soon to learn what an FCV would really cost, both in hours and in dollars.

Nonetheless, I was ready to try jumping the hurdles and get an alternative fuel car. A low impact on the environment, plus free fuel and a solo car pool lane sticker? What could go wrong?

Image Credit: Copyright 2014 Drew Phillips / AOL, Hydrogen Pump: Michael Sohn / AP Photo

Paraplegic woman suing GM over 3rd degree seat-heater burns [w/video]

Posted Aug 19th 2014 5:00PM

Paraplegic allegedly burned by GM seat heaters

A quick Google search for "danger of heated seats" reveals any number of news stories about burn risks and the potential for damage to the, um, potency, of men. For most of us, though, we know when a heated seat gets too hot. 26-year-old Emma Verrill doesn't have that luxury.

Verrill has been a paraplegic since the age of 15, when spinal surgery to correct her scoliosis went wrong. She has touch sensation in her lower extremities, but she's unable to sense temperature, a major problem after a ride in a friend's 2008 Chevrolet Suburban from New York City to the Connecticut coast. Unbeknownst to her, the heated seats were on, and were generating temperatures so extreme she was unaware of the third-degree burns she was suffering. Verrill didn't discover the burns until the following day.

Following a skin graft to repair the damage, Verrill spent three months on her stomach, under the care of her parents at the family's home.

"I couldn't do anything for myself," Verrill told the Portland Press Herald. "I was literally in bed on my stomach. It's not like I was just homebound."

Since then, a suit was filed against General Motors on Verrill's behalf, alleging that the embattled automaker failed to adequately test seat heaters, thereby allowing them to reach "dangerously high temperatures that would burn human flesh," the New York Daily News reports.

According to the Press Herald, GM has denied the claims that the Suburban's seat heater caused Verrill's injury, while also claiming it was unaware of any defect in the heaters. US Magistrate Judge John Rich III has ordered both sides to be ready for trial by May 4, 2015.

Scroll down and take a look at the news report from the Press Herald.
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