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Mercedes-Maybach is Coming Back

Super-luxurious crossover being built in Alabama.

by Michael Strong on Mar.18, 2019

Mercedes-Benz plans to build the new Mercedes-Maybach GLS at its plant in Alabama for global distribution.

The Mercedes-Benz plant in Tuscaloosa, Alabama, is already churning out the GLS and a few other models, but the German automaker is adding one more to the line: The Mercedes-Maybach GLS.

Introduced in China last year as an EV concept, the Mercedes-Maybach GLS will join the next-generation sport-ute getting ready to hit dealerships later this year, according to Autonews. The plant will build the new Maybach for global distribution, the automaker noted.

Product News!

Ultra-luxurious crossover is obviously playing up the theme from the original Maybach, which had its admirers, but didn’t sell in large enough numbers to build as a regular model in the 1990s and early 2000s. (more…)

Aiming to Launch Tesla Model Y Challenger in 2021, Fisker Searching for Plant Site

Electric SUV planned at "below $40,000."

by Paul A. Eisenstein on Mar.18, 2019

The Fisker SUV will adopt an SUV style and offer more interior space than the typical ute by placing key components under the floorboard.

Long-time automotive designer and entrepreneur Henrik Fisker is readying a challenger to the upcoming Tesla Model Y that will be ready for production during the second half of 2021 at a price of “below $40,000.”

With a range estimated at “around” 300 miles, Fisker Inc. plans to produce it at a factory in the U.S. and is currently searching for a plant site in one of eight states, the Danish-born executive told TheDetroitBureau.com in an exclusive interview. The company is putting an emphasis on acquiring an existing factory, preferably one of the many abandoned auto plants around the U.S.

Beyond the Headlines!

“We hope to pick a site within the next eight to 10 weeks,” Fisker said, noting that a Midwest site with ready access to existing suppliers is high on the priority list, though the final choice would also be impacted by available incentives.

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Former UAW VP Jewell Charged by Feds in FCA-UAW Scandal

He's the highest ranking UAW official charged.

by Michael Strong on Mar.18, 2019

Norwood Jewell, left, is the highest ranking UAW official to be charged in the ongoing investigation into the theft of UAW-FCA training funds.

Just days after rallying the troops in Detroit for the upcoming contract negotiations, the UAW received another black eye as former UAW Vice President Norwood Jewell was charged Monday by federal prosecutors for violating the Labor Management Relations Act.

Jewell, according to court documents, allegedly received more than $40,000 in travel, lodging and meals between 2014 and 2016 from people working for Fiat Chrysler.

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He is the latest in a string of FCA and UAW executives and family members who have been indicted or convicted in the FBI investigation. Representatives from the FBI and the UAW have been available for comment. (more…)

Cadillac’s New CT5 Revealed Through a “Sensory Symphony”

“We’re very much committed to sedans,” says brand boss Carlisle.

by Paul A. Eisenstein on Mar.18, 2019

The Sport edition of the 2020 Cadillac CT5.

Hoping to rebuild momentum for its struggling turnaround strategy, Cadillac has been putting a premium on SUVs, rolling out new models like the XT4 and XT6 this past year and preparing to upgrade the older XT5 and Escalade models, as well.

That’s a logical move, considering utility vehicles now dominate the luxury car market. But General Motors’ flagship brand isn’t abandoning its more traditional product family. The CT5, the new midsize sedan that will be replacing the old CTS, is making its debut today through a broad social media campaign it is calling a “Sensory Symphony,” ahead of its more formal appearance at the New York International Auto Show next month.

Product News!

“We’re very much committed to sedans. Let me clear the air about that,” said Caddy President Steve Carlisle said during a media background briefing.

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BMW Reassigns Key Management Responsibilities

Moves designed to make company leaner.

by Joseph Szczesny on Mar.18, 2019

BMW's Harald Krueger noted the company's recent shuffling of executives should make the company leaner and more competitive.

The BMW Group is reorganizing its Board of Management to create what Is described as a new leaner, future-oriented management structure.

“We are restructuring our divisions to give us the best possible foundation for the future. It sends out a clear signal that our organization is lean and efficient throughout the company,” said Harald Krüger, chairman of the BMW AG Board of Management, speaking in Munich on Friday.

Business News!

The moves come at a time when carmakers the world over are facing sweeping change and major financial pressures. In fact, BMW recently announced plans to alliance with archrival Mercedes-Benz to address technical issues with autonomous vehicles. German carmakers, such as BMW, also are still reeling from a losing bet on diesel technology that has cost them dearly. (more…)

Millennials Bucking the Automotive Trend With Driving Choices

Honda Accord is vehicle at the top of the list.

by Michael Strong on Mar.18, 2019

The Honda Accord is the top choice for millennials despite the fact they could likely afford a more expensive vehicle.

For so long, they’ve been the generation of non-drivers content to Uber their way through the world while staring at their iPhone or Samsung Galaxy. However, now that millennials are indeed driving, it’s time to see WHAT they’re driving.

Millennials may be content to spend big money on electronics, it appears that doesn’t translate to their vehicles, according to new study showing that the most popular vehicle among drivers 22 to 37 years old is the Honda Accord.

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This choice of a $23,000 sedan reinforces that millennials aren’t bound to follow the choices made by their parents or others. (more…)

Trump Smacks GM With New Lordstown Plant Tweet

After a quiet three weeks, President takes another swipe at automaker.

by Joseph Szczesny on Mar.18, 2019

President Donald Trump took another swipe in a tweet at GM about the closure of Lordstown.

General Motors was again the target of a tweet by President Donald Trump, which pushed the automaker to reverse its decision to shutter an assembly plant in Lordstown, Ohio, which is located in the state’s politically sensitive northeastern corner.

Trump attacked GM after it first announced the decision to close Lordstown and returned to twitter this weekend with a tweet that urged the company to reopen the plant. The Presidential tweet came 10 days after the Lordstown plant built its last Chevrolet Cruze, ending U.S. production of the compact of the car.

News You Can Trust!

However, the timing of tweet suggested that Trump was concerned less about the fate of Lordstown than the optics surrounding another key decision Trump is expected to make in the next few weeks on a key trade issue. That said, Lordstown and GM promises to remain an issue through the 2020 Presidential election when Ohio is once again a pivotal battleground state. (more…)

Toyota CEO “Sad” About Being Declared “National Security Threat,” But Plans $3B More in U.S. Investments

Tariffs actually could backfire and see investment plan cut back, warns top Toyota official.

by Paul A. Eisenstein on Mar.15, 2019

Toyota CEO Akio Toyoda called the prospect of his company being called a "national security threat" by the Trump administration "sad."

Toyota plans to boost by $3 billion its investment in the U.S. market, a decision that comes as the automaker – and other foreign-based brands – are facing the possibility of huge new tariffs from an American president who has labeled them a “national security threat.”

That designation is something that “makes feel sad,” Akio Toyoda, the Japanese giant’s CEO, said during an appearance at the Economic Club of Washington. “I hope that this kind of conversation can go away,” the grandson of Toyota’s founder said through an interpreter.

Business News!

Separately, the head of Toyota’s North American operations cautioned that those planned investments, which include $749 million to upgrade existing plants in five states, could be cut back if the Trump administration moves ahead with tariffs, something experts have warned could actually result in lower U.S. car sales and a sharp loss of automotive jobs. (more…)

Mustang Electrified?

Ford counter-programs debut of the Tesla Model Y and hints of a high-performance CUV to come.

by Paul A. Eisenstein on Mar.15, 2019

“Hold your horses,” or so said Ford Motor Co. in a tweet not-so-coincidentally timed to reach the social media world just as Tesla CEO Elon Musk was getting ready to debut his company’s new Model Y battery-electric SUV.

The Ford post featured that short blurb and a blue version of the Mustang logo against a black background, nothing more. But it does hint at several projects that Ford has already confirmed are in the works. That includes both a hybridized version of the pony car, as well as a Mustang-influenced all-electric SUV that Ford announced during the 2018 North American International Auto Show in Detroit.

Electrifying News!

An early player in the electrification field, Ford has fallen behind not just Tesla but conventional rivals like General Motors and Volkswagen, both investing heavily in long-range, battery-electric vehicles, or BEVs. Ford officials say they are going to make a push to catch up and have confirmed that the first entry into next-gen electric technology would be a performance-oriented crossover tentatively named Mach 1 and due to market about when the Tesla Model Y hits the street about a year from now.

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SEC Suing VW, former CEO, for ”Massive Fraud” in Emissions Cheating Scandal

Lawsuit "legally and factually flawed," the automaker responds.

by Paul A. Eisenstein on Mar.15, 2019

Former VW CEO Martin Winterkorn faces legal problems in Germany, as well as the U.S.

Volkswagen’s ongoing efforts to end a scandal triggered by its cheating on diesel emissions testing just took a turn for the worse, the Securities and Exchange Commission accusing both the automaker and former CEO Martin Winterkorn of committing a “massive fraud” on U.S. investors.

The automaker has acknowledged it used “defeat devices” to rig its diesel engines to illegally pass emissions tests and has so far laid out over $30 billion in fines and settlements. It is still facing other legal headaches, including a separate lawsuit by investors and ongoing investigations in Europe, one resulting in the arrest and jailing of the former CEO of its Audi subsidiary. But it responded to the latest challenge by declaring the SEC lawsuit “legally and factually flawed.”

Breaking News!

The SEC lawsuit, filed in San Francisco, claims the automaker and former CEO Winterkorn concealed the depth of the scandal – and the potential penalties – from both investors and federal regulators. The Thursday complaint noted that in the year before the cheating was discovered and publicized by the EPA Volkswagen issued $13 billion in bonds and securities in the U.S. Those value of those financial devices were directly impacted once the carmaker’s subterfuge was revealed.

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