William Maley

Fiat Chrysler Automobiles finds itself in a fair amount of hot water over the use of defeat devices in the 3.0L EcoDiesel used in the Ram 1500 and Jeep Grand Cherokee with various lawsuits. But that water could become hotter as newly unsealed documents reveal FCA's suppliers discussed the use of illegal software back in 2010. Sergio Pasini, the controls and calibration director at supplier VM Motori wrote in an email that FCA wanted to use software in their diesel engine that could detect when a vehicle was undergoing emission tests and activate emission controls. The software known as 't_engine' "is, no matter what Fiat says, a cycle detection," Pasini wrote in the email. The lawsuit also alleges that another supplier, Robert Bosch GmbH, warned VM Motori about 't_engine' and that they could face “serious penalties” if it was discovered by regulators. Bosch it should be noted is under investigation for its involvement in the Volkswagen diesel emission scandal. The documents are part of a proposed class-action lawsuit filed against FCA in San Fransisco which alleges the company misled buyers of the EcoDiesel by "touting the fuel economy and performance of its EcoDiesel engines while cheating on emissions tests to win regulatory approval." “We continue to cooperate with various governmental investigations related to diesel emissions, and emails such as those referenced have been previously provided to the agencies. It is inappropriate to draw conclusions from isolated communications and internal deliberations, without the more detailed context that is part of the reviews FCA is conducting as part of the investigation process,” FCA wrote in an email statement. Source: Automotive News (Subscription Required) View full article

.Over the weekend, Tesla CEO Elon Musk took to Twitter and announced a new powerful version of the Model 3. The version according to Musk will cost $78,000 and will be "quicker & with better handling. The last line of Musk's tweet made us chuckle since the current Model 3 warranty doesn't permit racing and autocross. Nevertheless, it has brought up questions as to where the $35,000 Model 3 is. For a number of buyers who plopped down the $1,000 deposit, this is the model they are waiting for. Musk gave a roundabout answer to where the low-priced Model 3 is. There is some truth to Musk's madness. Tesla is burning through cash like it is going out of style. According to Bloomberg, the company used up more than a billion in the first quarter. One way Tesla raises money is rolling out their most expensive variants of the Model S, X, and 3. Once they have enough cash, they will begin production of less expensive models. But the Model 3 has proven to be very problematic for Tesla. Various delays and production issues have caused Tesla to push back production targets for the Model 3 again and again. Tesla is aiming to produce 5,000 Model 3s a week by the end of the second quarter. “The idea that it’s supposed to be a car for everyone is kind of laughable. Anyone who wanted a base model may have to wait years out,” said Ivan Drury, senior manager of industry analysis at Edmunds.com. Source: Bloomberg (Subscription Required) View full article

Fiat Chrysler Automobiles' CEO Sergio Marchionne will be making one final move before his retirement - ending production of mass-market vehicles in Italy. Sources tell Bloomberg that on June 1st, Marchionne will unveil a plan that will see the end of production for the Alfa Romeo MiTo and Fiat Punto to make way for more upscale models. Fiat's historic plant in Turin will be retooled to build a new smaller Maserati SUV alongside the Levante. Another plant nearby Naples will be home to a small Jeep SUV after production of the Fiat Panda moves to Poland. It should be noted that the plan isn't finalized and details could change. FCA declined to comment when reached by Bloomberg. Part of the reason for the change comes down to Marchionne's belief that there is no future in building affordable cars in high-wage European countries. The report also mentions that FCA will be cutting Fiat's lineup to just the 500 and Panda in the future Source: Bloomberg View full article

Chevrolet has spilled a bit more information on the upcoming 2019 Silverado's powertrain lineup. The big story is a new turbocharged 2.7L four-cylinder becoming the base engine for the volume LT and new RST trims. We'll give you a moment to work through the shock that you're most likely experiencing. The 2.7 is rated at 310 horsepower and 348 pound-feet of torque. The torque figure is impressive when you consider that the 4.3L V6 (now relegated to the W/T, Custom, and Custom Trail Boss trims) produces 22 percent less torque. 0-60 mph is said to take under seven seconds. This engine can also run on just two cylinders. No word on fuel economy, but we wouldn't be surprised if this engine is close to the top in terms of the Silverado's powertrain lineup. The complete list of powertrain options available on the 2019 Chevrolet Silverado 4.3L V6, 6-Speed Automatic: 285 horsepower and 305 pound-feet of torque Turbocharged 2.7L 4-Cylinder, 8-Speed Automatic: 310 horsepower and 348 pound-feet of torque 5.3L V8, 6- or 8-Speed Automatic: 355 horsepower and 383 pound-feet of torque 3.0L Turbodiesel I-6, 10-Speed Automatic: TBD 6.2L V8, 10-Speed Automatic: 420 horsepower and 460 pound-feet of torque “A major focus of the next-generation Silverado is expanding the range of choices. With all-new engines and a broader model range, there’s a Silverado for everyone, whether you’re buying your first pickup or your tenth,” said Tim Asoklis, chief engineer for the Silverado 1500. Source: Chevrolet A SILVERADO — AND AN ENGINE — FOR EVERY NEED The all-new 2019 Silverado 1500 offers six engine and transmission combinations, including an all-new 2.7L Turbo, and V-8 engines with industry-first Dynamic Fuel Management offering 17 different modes of cylinder deactivation DETROIT — With eight trims paired with six engine/transmission combinations, even more customers will find a 2019 Silverado 1500 perfectly tailored to their needs for performance, efficiency, technology and value. “A major focus of the next-generation Silverado is expanding the range of choices,” said Tim Asoklis, chief engineer for the Silverado 1500. “With all-new engines and a broader model range, there’s a Silverado for everyone, whether you’re buying your first pickup or your tenth.” The all-new 2019 Silverado 1500 propulsion lineup includes: Over half of the models will be equipped with the most advanced V-8s in the brand’s history: updated versions of Chevrolet’s proven 5.3L and 6.2L engines equipped with industry-first Dynamic Fuel Management featuring 17 different modes of cylinder deactivation. An all-new, advanced 2.7L Turbo engine that replaces the 4.3L V-6 as the standard engine on the high-volume Silverado LT and new Silverado RST, expected to offer 22 percent more torque, greater fuel efficiency and a stronger power-to-weight ratio than the current model. Proven 4.3L V-6 and 5.3L V-8 engines deliver full-size truck capability and performance for the most affordable trucks in the Silverado lineup. An all-new, Duramax 3.0L inline-six turbo diesel will be available in early 2019. A Silverado — and an engine — for every need Each engine/transmission combination is matched with exterior design and interior features to create distinct personalities for each Silverado trim, based on three broad customer profiles: High Value, High Volume and High Feature. High Value — For customers seeking full-size truck capability and the highest level of affordability, the Work Truck (WT), Custom and Custom Trail Boss trims offer two proven engine and transmission combinations: Standard: 4.3L V-6 with Active Fuel Management and a six-speed automatic transmission (SAE-certified at 285 hp/305 lb-ft). Available: 5.3L V-8 with Active Fuel Management and a six-speed automatic transmission (SAE-certified at 355 hp/383 lb-ft). High Volume — For customers shopping in the heart of the truck market, the LT, RST and LT Trail Boss trims balance technology, efficiency and performance: Standard for LT and RST: All-new 2.7L Turbo with Active Fuel Management and stop/start technology paired with an eight-speed automatic transmission (SAE-certified at 310 hp/348 lb-ft). Standard on LT Trail Boss and available on LT and RST: An updated 5.3L V-8 with Dynamic Fuel Management and stop/start technology with an eight-speed automatic transmission (SAE certified at 355 hp/383 lb-ft). Available on LT and RST: The all-new Duramax 3.0L Turbo-Diesel with stop/start technology paired with a 10-speed automatic transmission will be available in early 2019. High Feature — For customers shopping for a premium truck, the LTZ and High Country trims offer the highest levels of performance and technology, including: Standard: Updated 5.3L V-8 with Dynamic Fuel Management and stop/start technology paired with an eight-speed automatic transmission (SAE certified at 355 hp/383 lb-ft). Available: Updated 6.2L V-8 with Dynamic Fuel Management and stop/start technology paired with a 10-speed automatic transmission (SAE certified at 420 hp/460 lb-ft). Available: The all-new Duramax 3.0L inline-six Turbo-Diesel with stop/start technology paired with a 10-speed automatic transmission will be available in early 2019. Improved Driving Experience The performance of each engine/transmission combination benefits from a truck that is lighter and more aerodynamic than the previous model. “With less weight and less wind resistance, we improved the driving dynamics without sacrificing fuel efficiency,” said Asoklis. “The next-gen Silverado is a bigger truck, but the chassis feels more responsive and acceleration is more pronounced. I would argue it’s the best-driving truck we have ever built.” The 2019 Silverado is larger than before, including a wheelbase that is up to 3.9 inches (100mm) longer, yet overall length is only 1.6 inches (41mm) longer, enabling both more cargo volume and more interior room for all cab lengths. Remarkably, it’s also lighter, weighing up to 450 pounds (204 kg) less than the current Silverado when comparing crew cab V-8 models, due to extensive use of mixed materials and advanced manufacturing. To improve the aerodynamic efficiency of the next-gen Silverado, the front grille features functional air curtains, similar to those introduced on the sixth-generation Camaro, that reduce wind drag by routing air around the front wheel wells. The powerful side profile also enhances aerodynamics, with an integrated spoiler at the rear edge of the cab that directs air onto the contoured tailgate, reducing wind drag from the bed. Most models also feature active aero shutters integrated in the front grille that close to reduce wind drag and open to provide improved engine cooling when needed. Changes like these result in a 7 percent increase in total aerodynamic efficiency. From the family of the Most Dependable, Longest Lasting full-size pickups on the road* For the new Silverado, Chevy set the lofty goal of improving on the legacy of the Most Dependable, Longest Lasting full-size pickups on the road. To do so, the next-gen truck will be subjected to more than 475,000 validation tests and accumulate a staggering seven million miles of real-world testing before the first 2019 Silverado 1500 is delivered to customers. That includes a battery of tests for the Silverado engines and transmissions that will simulate a range of customer needs: Each type of engine was first subjected to a “torture test” in a dynamometer test cell, running for months nonstop to simulate a lifetime of maximum hot and cold cycles. Each Silverado variant is certified to the SAE J2807 standard for towing and payload capacity. Certification requires a full battery of grueling tests such as the Davis Dam test, in which the truck must carry its maximum gross combined vehicle weight up a 7 percent grade in 110-degrees F (43 degrees C) heat, with no reduction in performance, including air-conditioning. Chevrolet engineers prove every Silverado engine and transmission design for lubrication capability on tilt stands, originally developed for Corvette, that tilt at an angle of up to 53 degrees and can simulate angles at a rate of up to 40 degrees a second — the equivalent of up to 1.4g. Production plans Silverado production commences with crew-cab V-8 models starting in the third quarter. In the fourth quarter, production will expand to include regular- and double-cab models, as well as V-6 and 2.7L Turbo engines. The new Duramax 3.0L inline-six turbo diesel will be available in early 2019. EPA fuel economy estimates and towing/payload capacities are not yet available, and will be announced closer to launch. 2019 CHEVROLET SILVERADO PROPULSION LINEUP 4.3L V-6 w/AFM (6-spd.) 2.7L I-4 Turbo w/AFM (8-spd.) 5.3L V-8 w/AFM (6-spd.) 5.3L V-8 w/DFM (8-spd.) 3.0L I-6 Turbo-Diesel (10-spd.) 6.2L V-8 w/DFM (10-spd.) Work Truck (WT) Std. -- Avail. -- -- -- Custom Std. -- Avail. -- -- -- Custom Trail Boss Std. -- Avail. -- -- -- LT -- Std. -- Avail. Avail. -- RST -- Std. -- Avail. Avail. -- LT Trail Boss -- -- -- Std. -- -- LTZ -- -- -- Std. Avail. Avail. High Country -- -- -- Std. Avail. Avail. * Dependability based on longevity: 1987-July 2017 full-size pickup registrations. ALL-NEW 2.7L TURBO ENHANCES VERSATILITY OF THE 2019 SILVERADO Technological powerhouse delivers performance and efficiency DETROIT — The all-new 2019 Chevrolet Silverado 1500 will be offered with an all-new, technologically advanced 2.7L Turbo that expands the range of available engines and builds upon additional choices to help customers find the Silverado that perfectly suits their needs. Standard on LT and RST trims, the new engine delivers an SAE-certified 310 horsepower and 348 lb-ft of torque, for 22 percent more torque than the 4.3L V-6 it replaces. Developed specifically for truck applications, the new 2.7L Turbo inline four-cylinder engine delivers peak torque from 1,500 to 4,000 rpm. The next-gen Silverado with the 2.7L Turbo delivers 0-60 mph performance in less than seven seconds and weighs 380 pounds less than the current Silverado with the 4.3L V-6. Compared with competitive full-size trucks, the Silverado 2.7L Turbo is expected to deliver comparable payload capability with greater torque than the 3.3L V-6 in the Ford F-150 XLT and the 3.6L V-6 in the Ram 1500 Big Horn. “The new 2.7L Turbo is a technological marvel, with our most advanced valvetrain,” said Tom Sutter, chief engineer for the 2.7L Turbo. “With a broad, flat torque curve and quick throttle response, it punches above its weight, delivering surprising performance and efficiency.” The cornerstone of the 2.7L Turbo is an innovative double overhead cam valvetrain that enables: Chevrolet’s first use of Active Fuel Management (cylinder deactivation) on a four-cylinder engine. High- and low-lift valve profiles. Continuously variable valve timing. Additional engine technologies supporting the engine’s performance and efficiency include: Dual-volute turbocharger housing for improved throttle response and low-speed torque. Chevrolet’s first application of Active Thermal Management, which uses targeted engine heating and cooling to improve engine performance in hot and cold ambient temperatures. An integrated exhaust manifold that is part of the cylinder head assembly and recovers exhaust heat for faster engine and transmission warmup, with quicker turbo response. Stop/start technology that automatically stops the engine in stop-and-go traffic for fuel efficiency. An electric water pump that eliminates the drag of a conventional, engine-driven pump to enhance efficiency. It also enables continual cabin heating even when the engine is disabled by the stop/start feature. Designed as a truck engine The new 2.7L Turbo engine represents a clean-sheet design for Chevrolet and was developed from the outset as a truck engine. To help generate the strong low-end torque customers expect in a truck, it was designed with a long piston stroke of 4.01 inches (102mm), which is the distance the piston travels up and down within the cylinder. The long stroke enables improved combustion and thus a higher compression ratio. Typically, a long stroke can increase the load of the pistons against the cylinder walls, generating more friction. That’s alleviated in the 2.7L Turbo with an offset crankshaft. It is slightly off-center of the cylinders, allowing a more upright position for the connecting rods during their movement. To support the high cylinder pressures that come with turbocharging, the crankshaft and connecting rods are made of forged steel and the pistons are made of a tough aluminum alloy with a cast iron ring groove insert. All elements of the 2.7L Turbo were designed for the demands of turbocharged performance in a truck environment, and the engine was subjected to the same rigorous durability standards as the Silverado’s proven V-8 engines. The 2.7L Turbo features an aluminum block and cylinder head for reduced mass. Unique valvetrain offers more precise control The 2.7L Turbo’s valvetrain is GM’s first to incorporate variable lift, duration and Active Fuel Management to optimize performance and efficiency across the rpm band. It is a key reason the engine’s peak torque is available at only 1,500 rpm. The system’s electro-mechanical variable camshaft effectively allows the engine to operate with three different camshaft profiles, complementing the variable valve timing system to deliver optimized operating modes for different engine speeds and loads: High valve lift for full power. Low valve lift for balance of power and efficiency. Active Fuel Management shuts down two of the cylinders in light load conditions to further conserve fuel. “It’s like having different engines for low- and high-rpm performance,” said Sutter. “The camshaft profile and valve timing is completely different at low and high speeds, for excellent performance across the board.” The camshaft design alters the lift of the intake and exhaust valves. As the engine load changes, electromagnetic actuators allow a movable shaft containing different cam lobes to shift imperceptibly between high-lift and low-lift profiles. Lift is the distance the valve travels from its seat when opened, and duration is the amount of time the valve remains open. Higher lift and longer duration allow more air to flow into the combustion chamber, so the system’s high-lift lobe profile enhances performance at higher rpm, while the low-lift profile optimizes efficiency at low- and mid-range speeds. Dual-volute turbocharger builds torque The 2.7L Turbo engine employs an advanced dual-volute turbocharger that elevates the performance and efficiency advantages of a conventional turbo, with quicker response and enhanced low-rpm torque production. Rather than a single spiral chamber (volute) feeding exhaust gas from the exhaust manifold to drive the turbine on the turbocharger, the dual volute design has a pair of separate chambers with two exhaust gas inlets and two nozzles to drive the turbine. The design allows the exhaust pulses of the engine to be leveraged for faster spool-up and subsequent boost production, particularly at low rpm, where the effect significantly enhances torque output and drivability. It works in unison with the engine’s integrated exhaust manifold/turbocharger housing, which splits the exhaust channels from the cylinder head so the exhaust flows through two separate channels in the turbo housing, based on the engine’s exhaust pulses. When complemented by the precision of the engine’s valvetrain, that separation leverages exhaust scavenging techniques to optimize gas flow, which decreases exhaust gas temperatures, improves turbine efficiency and reduces turbo lag. An electronically controlled wastegate and charge-air cooling system support the turbocharger and enhance its effectiveness. Compared to a conventional wastegate, the electronically controlled version offers more precise management of the engine’s boost pressure for smoother, more consistent performance. With the charge-air cooler, the pressurized, heated air generated by the turbocharger is pumped through a heat exchanger before it enters the engine. That lowers the air charge temperature by about 130 degrees F (74 C), packing the combustion chambers with cooler, denser air that enhances power production. The system achieves more than 80 percent cooling efficiency with less than 2 psi (12 kPa) flow restriction at peak power, contributing to the engine’s available torque production at low rpm. Additional features A variable-pressure oiling system with a continuously variable-displacement vane oil pump enhances efficiency by optimizing oil pressure as a function of engine speed and load. With it, the oil supply is matched to the engine requirements rather than the excessive supply of a conventional, fixed-displacement oil pump. Active Thermal Management helps the engine warm up faster and achieve its optimal engine temperature for performance and efficiency. The system uses a rotary valve system to distribute coolant through the engine in a targeted manner. It sends heat where it’s needed to warm up the engine to reduce friction and heat the cab, or cools when needed for high power operation. An electric water pump — a first for Chevy trucks — supports the Active Thermal Management system and further enhances the engine’s performance and efficiency by eliminating the parasitic drag that comes with a conventional engine-driven water pump. Direct fuel injection is used to optimize efficiency and performance. With direct injection, a higher compression ratio (10.0:1) is possible because of a cooling effect as the injected fuel vaporizes in the combustion chamber, reducing the charge temperature and improving resistance to spark knock. Direct injection also enables gas scavenging from the combustion chamber to the turbo for fast response. Dual overhead camshafts contribute to the 2.7L Turbo’s smoothness and high output, with dual independent continuously variable valve timing working with the valvetrain to deliver optimal performance and efficiency. The dual independent system, which allows the intake and exhaust valves to be phased at different rates, promotes linear delivery of torque with near-peak levels over a broad rpm range, and high specific output (horsepower per liter of displacement) without sacrificing overall engine response or driveability. An integrated exhaust manifold on the cylinder head assembly promotes faster engine warmup and quicker turbo response. Oil jets located in the block are employed for performance and temperature control. They target the underside of the pistons and the surrounding cylinder walls with an extra layer of cooling, friction-reducing oil. The jets reduce piston temperature, allowing the engine to produce more power and enhance long-term durability. Stop/start enhances fuel economy in city driving. The driver-selectable system shuts off the engine at stoplights and certain other stop-and-go situations, saving fuel. The engine automatically restarts when the driver takes their foot off the brake. The all-new 2.7L Turbo is matched with a Hydra-Matic eight-speed automatic transmission featuring enhancements designed to improve shift quality, as well as a new centrifugal pendulum absorber torque converter that reduces vibrations to improve smoothness. The all-new 2.7L Turbo will be built at the General Motors Spring Hill facility in Tennessee. The 2019 Silverado goes on sale this fall. EPA fuel economy estimates and towing/payload capacities are not yet available and will be announced closer to launch. View full article

PSA Group's decade-long plan of possibly returning to the U.S. continues forward and they are facing their next roadblock, setting up a dealer network. Trying to convince dealers to sell brands that haven't been sold since the early nineties. But the French automaker believes they have a solution, using a tech-centric approach that will be affordable. "We see the high cost of doing this business; we see the challenges that exist in profitability for dealers and OEMs. We believe with the new tools, the new technology, the new customer expectations, there are leaner, more agile ways to do this," said PSA North America chief Larry Dominique to Automotive News. "We need to find a way to reduce our fixed costs. We want people to make a profit selling a new car." A possible strategy could look similar to Hyundai's Shopper Assurance where a customer can do a number of tasks at home such as scheduling a test drive, apply for financing, and complete paperwork. There are things that will benefit from a physical presence such as service and vehicle delivery. Dominique said that he will not be asking those who decide to sell whatever brand PSA Group has in mind to go crazy with building a facility. The bit about making a profit with selling a new vehicle is important here. Data from the National Automobile Dealers Association reveals that new vehicle losses for dealers rose $22 per car in 2015 to $421 in 2017. Used cars got hit worse with dealers losing $2 per car in 2017, from making $132 only three years ago. Source: Automotive News (Subscription Required) View full article

Automakers have been bailing out of various auto shows for the past few years. Case in point, a number of German automakers pulling out of the Detroit show for 2019. Volkswagen is the latest one to announce that it will not be showing up to a major auto show. Reuters reports that the German automaker will be skipping this year's Paris Motor Show. “The Volkswagen brand is continually reviewing its participation in international motor shows,” the company said in a statement. Instead, Volkswagen could host “various communications activities” in the city, including test drives. Volkswagen joins other automakers including Ford, Mazda, Nissan, Opel, and Volvo that are skipping Paris. Part of Volkswagen's decision comes down to cost-cutting due to the fallout of the diesel emission scandal. But the move is part of a larger trend of Automakers being more considerate of how they spend their marketing budgets. Declining numbers of attendees and competing shows such as CES in Las Vegas are the key reasons for this. Volkswagen's other divisions such as Audi, Seat, and Skoda will be appearing in Paris according to a spokesman for Volkswagen's French operations. Source: Reuters View full article

Last week, Ford halted production of their F-Series pickup after a fire ravaged a supplier's plant in Southwestern Michigan. While Ford and supplier Meridan said everything was ok, analysts said it the shutdown could hurt Ford if it lasted more than a week. Last night, Ford announced that it would restart production of the F-150 at their Dearborn plant on Friday. Production at Kansas City and Louisville will come back online on Monday. Getting to this point took a lot of work for both Ford and Meridan. According to Automotive News, Ford was the first automaker on site after the fire and was able to retrieve all of the tooling over a 48-hour period. One of dies used was shipped to Meridan's plant in Nottingham, UK. To get it there was a bit of a challenge since it weighs 87,000 pounds. Ford was able to charter an Antonov cargo plane (one of just 21 planes in the world that handle this task) and get it shipped to the UK in just 30 hours. Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork. Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets," said Hau Thai-Tang, Ford's executive vice president of product development and purchasing in a statement. Ford declined to say how much production was lost during the shutdown. James Albertine, an analyst with Consumer Edge Research said the week before that Ford could lose up to 15,000 trucks due per week due to the shutdown. The company is planning to make up for some of the lost production by shortening the summer shutdown at the Dearborn and Kansas City plants. Source: Automotive News (Subscription Required), Ford Ford Restarting F-150, Super Duty Production Ahead Of Schedule After Fire At Magnesium Parts Supplier Ford is resuming production of the F-150 pickup at Dearborn Truck Plant on Friday. Ford team has also successfully repaired the supply chain for Super Duty; production targeted to restart by Monday for Super Duty at Kentucky Truck Plant and F-150 at Kansas City Assembly Plant Ford marshaled a global team of experts, that included partners and suppliers, following a May 2 fire at Meridian Magnesium Products in Eaton Rapids, Mich., to quickly refurbish and relocate tooling needed to produce parts for the Ford F-150, Super Duty and five other vehicles – Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT Because of this quick action, Meridian is producing truck parts again at its Eaton Rapids facility. Plus, Ford airlifted tooling to a Meridian facility in the U.K. to produce parts for F-150, which will further speed production ramp-up Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT production continue uninterrupted Company reaffirms 2018 adjusted EPS guidance range of $1.45 to $1.70; expects adverse impact of $0.12 to $0.14 per share in second quarter due to lost production DEARBORN, Mich., May 16, 2018 – Ford Motor Company is restarting production of the popular F-150 at Dearborn Truck Plant Friday after just over one week of downtime. The company has also successfully repaired the supply chain for Super Duty, with production targeted to restart by Monday at the Kentucky Truck Plant as well as the Kansas City Assembly Plant that also makes F-150 pickups. This follows the massive May 2 fire at the Meridian Magnesium Products facility in Eaton Rapids, Mich. “While the situation remains extremely dynamic, our teams are focused on returning our plants to full production as fast as possible,” said Joe Hinrichs, Ford president, Global Operations. “The ramp-up time to full production is improving every day.” Ford teams, together with suppliers including Walbridge and other contractors, worked nearly around the clock to get America’s best-selling vehicle franchise back on line as quickly as possible. The teams removed 19 dies from Meridian’s badly damaged facility, and in one case, moved an 87,000-pound die from Eaton Rapids, Mich., to Nottingham, U.K., via an Antonov cargo plane – one of the largest in the world – in just 30 hours door-to-door. A die is a tool used to cut or shape material using a press. “Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork,” said Hau Thai-Tang, Ford’s executive vice president of Product Development and Purchasing. “Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets.” Work started immediately in the aftermath of the May 2 fire. Teams removed and remediated safety concerns – including dangling siding – and restored electricity, gaining approval to access the site while debris still smoldered inside. This allowed Ford and Meridian to safely retrieve and relocate tools to more quickly resume part production and work to minimize the financial impact of the stalled plants. Ford recovered, repaired and validated most dies that were at the Eaton Rapids facility, and Meridian is now producing parts for the F-150 at two locations – Eaton Rapids and Nottingham, U.K. Production of bolsters for Super Duty is also restarting at the Eaton Rapids plant. Under normal circumstances, moving tooling the size of a bolster die would take approximately 10 days just to get the proper import and export approvals. However, Ford and its suppliers managed to cut the total time for the entire move to 30 hours, including trans-Atlantic flight time. When the team removed the die from the Eaton Rapids factory, it was shipped to Rickenbacker International Airport in Columbus, Ohio. Rickenbacker had both the capacity to handle such a large piece of equipment and allowed an Antonov An-124 Russian plane, one of the largest planes in the world – typically used to transport trains, dump trucks and even a 25-foot sea yacht – to take off as soon as the equipment was loaded. Nearly 4,000 miles away, a team in Nottingham was waiting to receive the die and take it to Meridian’s nearby factory. In between, the Ford team received a U.K. import license for the die – a mere two hours before the plane touched down. Parts produced at Nottingham are being shipped via daily flights on a Boeing 747 jet until production in Eaton Rapids returns to pre-fire levels. Inventories of Ford’s best-selling F-Series pickups and other vehicles remain strong and customers won’t have a problem finding the model they want. View full article

Hyundai's N performance division has its eye on building a hotted-up Kona. Albert Biermann, head of the N sub-brand tells Auto Express that he has asked engineers to begin work on a test mule. Biermann also revealed what engine could be under the hood, a turbocharged 2.0L four from the i30 N. “I’ve told them [the engineers] to build the car and we’ll see what happens with getting it approved. It has to be the i30 N powertrain, really. Of course, we can give Kona different specifications on suspension and steering, although there are some common components we can use in that area as well, because it’ll be front-wheel drive, like the i30 N. But we already know that it has to be that car’s engine and gearbox for the Kona N, yes,” said Biermann. Emphasis mine. Hyundai's top brass needs to give the green light to make the Kona N a reality. We're assuming by building a test mule, it may give N some leverage to possibly make it into a production model. Auto Express says that the Kona N would use the 250 horsepower variant of the turbo-four, and not the 271 horsepower version available with an optional Performance Pack. Source: Auto Express View full article

Tesla's 'production hell' is continuing on and is causing the automaker to shut down the Model 3 assembly line for almost a week. Reuters has learned from two sources that Tesla will stop production of the Model 3 from May 26th to 31st in an effort to fix the various bottlenecks on the line. A Tesla spokesperson declined to comment. Tesla warned that there would be 10 days of temporary shutdowns this quarter in an effort to try and get Model 3 production back up and running smoothly. CEO Elon Musk said the shutdowns would be used to make upgrades to reach a goal of building 5,000 Model 3s by the end of June. Already, Tesla stopped production for a few days last month, and also in February. The key problem is Tesla's over-reliance on robots for production, something Musk acknowledges. Source: Reuters View full article

Within the next few weeks, Volvo will unveil the all-new S60 sedan. It will be the first model in Volvo's lineup to not be offered with a diesel engine. “Our future is electric and we will no longer develop a new generation of diesel engines. We will phase out cars with only an internal combustion engine, with petrol hybrid versions as a transitional option as we move towards full electrification. The new S60 represents the next step in that commitment,” said Håkan Samuelsson, president and chief executive of Volvo Cars in a statement. This news isn't that surprising when you back at comments made by Samuelsson in 2016. Starting next year, Volvo will begin rolling out their electrification strategy that will see all-new Volvo models be equipped with either a mild-hybrid, plug-in hybrid, or full-electric powertrains. By 2025, Volvo is expecting 50 percent of new cars to be fully electric. Source: Volvo Volvo Cars to eliminate diesel from the new S60 sedan The new Volvo S60 sedan - to be launched later this spring - will be the first Volvo to be produced without a diesel engine, highlighting Volvo Cars’ commitment to a long-term future beyond the traditional combustion engine. All new Volvo models launched from 2019 will be available as either a mild petrol hybrid, plug-in petrol hybrid or battery electric vehicle. This is the most comprehensive electrification strategy in the car industry and Volvo Cars was the first traditional car maker to commit to all-out electrification in July 2017. “Our future is electric and we will no longer develop a new generation of diesel engines,” said Håkan Samuelsson, president and chief executive of Volvo Cars. “We will phase out cars with only an internal combustion engine, with petrol hybrid versions as a transitional option as we move towards full electrification. The new S60 represents the next step in that commitment.” Last month, Volvo Cars reinforced its electrification strategy, by stating that it aims for fully electric cars to make up 50 per cent of its global sales by 2025. The announcement was made at the 2018 Beijing Auto Show, positioning it as a powerful player in China, the world’s leading market for electrified cars. The new S60, a premium mid-size sports sedan, is based on Volvo’s in-house developed Scalable Product Architecture (SPA), which also underpins the company’s award-winning new 90 Series and 60 Series cars. The S60’s estate sibling, the V60, was launched earlier this year in Stockholm. The new S60 will initially be available with a range of four-cylinder Drive-E petrol engines as well as with two petrol plug-in hybrid versions. Mild hybrid versions will follow next year. Production of the new S60 will start this fall at Volvo Cars’ brand new manufacturing facility outside Charleston, South Carolina. The Charleston plant will be the only manufacturing location for the new S60, meaning American-built S60s will be sold in the US market as well as overseas through exports. View full article

In the coming weeks, Hyundai dealers will be getting their first batch of the 2019 Veloster and Veloster Turbo models. Before then, Hyundai has revealed the pricing for their polarizing three-door coupe. The base Veloster will kick off at $19,385 (includes an $885 destination charge) and nets you a 2.0L four-cylinder Atkinson-cycle four-cylinder producing 147 horsepower and 132 pound-feet of torque. This will come paired with a six-speed manual, with a six-speed automatic adds a $1,000. There is a decent amount of equipment such as automatic emergency braking, heated side mirrors, lane keep assist, and a 7-inch infotainment system with Apple CarPlay and Android Auto. A Premium package that offers automatic climate control, blind spot monitoring, heated seats, and an 8-inch infotainment system with navigation adds $3,250 for the Veloster equipped with the automatic. Next up is the Veloster Turbo R-Spec that swaps the 2.0L for the turbocharged 1.6L four-cylinder producing 201 horsepower and 195 pound-feet of torque, and a six-speed manual. This gets a unique interior, LED headlights, and Michelin Pilot Sport 4 summer tires. A dual-clutch transmission is available for an additional $2,500 and includes automatic climate control and heated seats. Topping the lineup is the Turbo Ultimate beginning at either $27,535 (manual) or $29,035 (DCT). The Ultimate gets adaptive cruise control (DCT only), head-up display, 8-inch infotainment system with navigation, and pedestrian detection. Those hoping to learn about pricing for the Veloster N will need to wait a bit longer. Source: Hyundai Hyundai Introduces All-New 2019 Veloster and Veloster Turbo Veloster retains unique two-plus-one door asymmetrical bodystyle configuration Available 1.6-liter turbocharged engine with 201 horsepower and 195 lb.-ft. of torque Generous cutting-edge infotainment and connectivity features Standard multi-link rear suspension for agile dynamics Starting at $18,500 for 2.0 manual-transmission model AUSTIN, Texas, May 15, 2018 – Hyundai unveiled its all-new Veloster and Veloster Turbo models at the North American International Auto Show in January 2018. The fresh design was a collaborative effort of Hyundai designers from Seoul, South Korea and the U.S. design center in Irvine, California. The new Veloster features a comprehensive exterior and interior redesign, powertrain enhancements, and a bevy of new and improved infotainment and connectivity features. The 2019 Veloster began production in March 2018 in Ulsan, Korea, with U.S. market availability in the second quarter of 2018. “Our new 2019 Veloster represents an even more compelling offering for young and young-at-heart automotive enthusiasts with more expressive design, involving dynamics and cutting-edge infotainment features,” said Mike O’Brien, vice president of Product, Corporate and Digital Planning at Hyundai Motor America. “When combined with Hyundai’s outstanding value and efficiency, the new Veloster is sure to attract a progressive new group of enthusiast buyers.” ALL-NEW DESIGN The Veloster merges the design appeal of a sport coupe with the versatility of an additional passenger side rear door in an asymmetrical two-plus-one configuration for easier rear-seat access. From the front, available LED headlights and LED Daytime Running Lights flank a striking new grille design. Functional air curtains add both a visual design cue and an active aerodynamic function. Hyundai’s signature cascade grille shape has morphed into a strong, three-dimensional design that sets the sport coupe apart. Much of the redesign is derived from enhanced proportions and volume; the new shape clearly conveys focused dynamic performance, even standing still. Its stance is more muscular, with higher-volume fenders and wheel arches for a more planted appearance. The cowl point and A-pillar are further rearward and now connect the hood line and belt line into an integrated, powerful gesture. Available 18-inch alloy wheels aggressively fill the wheelhouse openings. Further, the roofline has been lowered for a unique profile and a distinctive coupe-inspired essence. The fender line is also more coupe-like, and the rear now has a more aggressive integrated diffuser design. Available LED taillights help complete the rear view with a high-tech appearance. Also available is a full darkened roof treatment for a high-contrast performance appearance. Veloster’s dynamic rear design has a distinctive glass hatch and center-fascia chrome exhaust tips, with a single outlet for the 2.0-liter model and dual-outlets for Turbo and R-Spec models. INTERIOR The asymmetrical design carries through to the interior, with a driver-focused interior layout and on the Turbo Ultimate, a contrasting color environment that visually separates the driving cockpit. Each trim level has unique colors, materials, and accents, further differentiating each model with varying hues and textures. In addition to these new colors and textures, the new Veloster also offers generous rear cargo capacity, with 19.9 cubic feet of interior volume behind the 2nd row seat, more than Mini Cooper, Mini Clubman and VW Beetle. 2.0-LITER NU ENGINE The Veloster 2.0-liter 4-cylinder engine uses the Atkinson-cycle for superior efficiency and lower emissions. The 2.0-liter engine delivers a peak output of 147 horsepower at 6,200 rpm (estimated) and maximum torque of 132 lb.-ft. at 4,500 rpm (estimated). The Nu 2.0-liter also features Dual Continuously Variable Valve Timing, an electronic throttle control, variable induction and innovative anti-friction coatings. The 2.0-liter engine is coupled with either a six-speed manual or a six-speed electronically-controlled automatic transmission. Three driver-selectable modes include Normal, Sport, and Smart, according to changing driver preferences. GAMMA 1.6-LITER TURBOCHARGED ENGINE The 1.6-liter turbocharged, direct-injected four-cylinder engine produces 201 horsepower at 6,000 rpm (estimated) and 195 lb.-ft. of torque from 1,500-4,500 rpm (estimated). Turbo models generate 201 horsepower on regular fuel, which represents a best-in-class specific output of 125.6 horsepower per liter. Further, there is an over-boost function that raises peak torque output to 202 lb.-ft. under maximum acceleration. Engine tuning maximizes low- and mid-range torque, for optimum acceleration under daily driving conditions. Veloster Turbo is paired with a standard six-speed manual transmission or a seven-speed dual clutch transmission (DCT). For R-Spec manual transmission models, a B&M Racing® sport shifter will also be applied (later availability). Both transmissions were developed in-house by Hyundai. The Veloster Turbo seven-speed dual-clutch transmission features steering wheel-mounted paddle-shifters and SHIFTRONIC® transmission gear control. In addition, all Veloster Turbo models feature Active Engine Sound, which enhances intake and exhaust powertrain sound character inside the cabin for a more visceral driving experience, especially during spirited driving. All A/T and DCT models also offer three selectable driving modes, including Normal, Sport and Smart, (Normal and Sport on M/T models), according to driver preferences for engine, transmission and steering feel. The Smart mode varies within the range of settings according to how the vehicle is currently being driven (such as in an economical or a more spirited manner). For Turbo models, driver preference for Active Engine Sound is also available. TORQUE VECTORING CONTROL All Veloster models offer Torque Vectoring Control (TVC). This active cornering feature utilizing capabilities from the Electronic Stability Control (ESC) and powertrain control systems, allows Veloster to improve dynamic cornering during more enthusiastic driving. TVC uses wheel-speed sensors coupled with ESC algorithms to apply precise braking force to the inside front wheel during spirited cornering. This active braking redirects power to the outside front wheel in the turn, reducing wheelspin for enhanced cornering grip and corner-exit acceleration. Overall, this provides Veloster drivers with an incremental margin of cornering precision during enthusiastic driving. Further, Veloster Turbo features a quicker-ratio steering rack and a revised steering calibration to match, which gives drivers precise cornering, feedback and control. DCT TRANSMISSION Hyundai’s EcoShift DCT takes the benefits of a manual transmission, such as low fuel consumption, and blends these with automatic transmission benefits, such as high comfort levels and driving ease. In addition, the DCT enables direct connection for high efficiency and uninterrupted torque transfer during shifts. The DCT also incorporates Hyundai’s Hillstart Assist Control (HAC), designed to minimize rolling backwards on steep ascents. Veloster’s compelling combination of performance with efficiency is a formula many industry competitors are seeking to duplicate. Hyundai’s development focus on all the factors of efficient performance, such as small-displacement turbocharged engines, dual-clutch transmissions, comprehensive lightweighting, efficient aerodynamics, and reduction of parasitic engine losses through electric-powered ancillaries, have combined to yield simultaneous benefits in performance and efficiency to the consumer. TURBO MODEL SPORT-TUNED DYNAMICS Veloster Turbos are fitted with a McPherson strut front suspension, coil springs, gas shock absorbers and a 24-mm diameter front stabilizer bar. The rear suspension is a lightweight independent multi-link design with a 19-mm stabilizer bar to further control body roll. The rear suspension uses gas-pressurized shock absorbers for ride comfort with excellent control. Veloster features electric power steering that adjusts assistance to changing driving conditions while improving fuel economy over a conventional steering system. When equipped with the six-speed manual transmission, available 18-inch alloy wheels are fitted with Michelin® Pilot Sport 4 summer tires. All Veloster models also use aluminum front steering knuckles for a total of 10.6 lbs. of reduced unsprung mass at the front suspension compared with the previous generation. In addition, the rear suspension carrier is aluminum, resulting in an 8.4 lb. reduction of unsprung mass for the rear suspension compared with the previous generation. ADVANCED STANDARD SAFETY 2019 Veloster includes standard Forward Collision-Avoidance Assist (FCA), which uses the car’s front-facing camera to detect an imminent collision and avoid impact or minimize damage by braking autonomously. Three additional systems also utilize the front-view camera to boost safety and convenience: Lane Keeping Assist (LKA), High Beam Assist (HBA) for the available LED headlights, and Driver Attention Warning (DAW). Lane Keep Assist is a standard safety feature for 2019 Veloster. By sensing road markings, LKA helps to prevent accidental lane departure by helping to steer the vehicle as required. HBA automatically controls the high beam headlights by dimming and illuminating them automatically as needed with approaching traffic, while the Driver Attention Warning system monitors a spectrum of driver-related characteristics to detect driver fatigue or careless driving. Veloster radar systems also assist with the available Blind-Spot Collision Warning (BCW) to detect approaching vehicles from the rear that may be obscured from view and alert the driver of their presence during lane changes. The Rear Cross-Traffic Collison Warning (RCCW) detects when another vehicle may have entered the car’s rearward path, such as when backing out of a parking spot, and provides a driver alert. Veloster Turbo also offers available Smart Cruise Control for additional driver convenience. All Velosters feature a rearview camera with dynamic guidelines fitted to all models for superior parking visibility. Velosters have an exceptional level of standard safety features for the sporty coupe segment highlighted by a Vehicle Stability Management (VSM) system, which optimally manages ESC (Electronic Stability Control) and the Motor-Driven Power Steering (MDPS). VSM works to control two effects. The first is when a driver accelerates or brakes on a split-mu surface (slippery on one side, dry pavement on the other) and the vehicle wants to pull in one direction. VSM detects this condition and sends a signal to the MDPS to apply steering assist to counter this force. VSM counters the pull and automatically provides counter-steering. VSM reacts the same way during sudden lane changes or fast cornering. All Velosters feature six airbags—including dual front, front seat-mounted side-impact, and front and rear side curtain airbags. The Veloster braking package includes four-wheel disc brakes and an Anti-Lock Braking System (ABS) including Brake Assist, which provides maximum braking force when a panic stop is detected, and Electronic Brake-force Distribution (EBD), to automatically adjust the braking force to front and rear axles based on vehicle loading conditions. ADVANCED INFOTAINMENT AND CONNECTIVITY Veloster offers a full suite of sophisticated technologies paired with user-friendly functionality to keep passengers informed and entertained. The premium infotainment system offers various advanced connectivity features, including standard Android Auto™ and Apple CarPlay™. Also available are SiriusXM® Radio, HD Radio and next-generation Blue Link® LTE-powered connectivity. The standard seven-inch color LCD display includes AM/FM/MP3 touchscreen audio, auxiliary inputs, and Rear View Monitor. The available floating-design eight-inch touchscreen navigation display includes next-generation Blue Link, traffic flow and incident data via HD radio, and Infinity® premium audio with eight speakers, including a subwoofer and Clari-Fi ™ music-restoration technology. A Heads-Up Display system is available, projecting a virtual image onto the transparent panel mounted behind the instrument panel and helping the driver to keep his or her eyes on the road. With an 8.0-inch projected-image size and an outstanding 10,000 nits of luminance, the Heads-Up Display ensures both excellent day- and night-time visibility. Information projected includes speed, navigation instructions, cruise control, Lane Departure Warning, Blind-Spot Collision Warning and audio system information. When in Sport mode, the system projects more driver-focused information including RPM, MPH and transmission gear. Deployed vertically by a simple touch of a button beside the steering wheel, the display disappears into the dashboard when not in use. Customers expect to be connected to their electronics at all times, so Veloster comes standard with a multifunction seven-inch touchscreen display. Veloster audio/navigation systems also offer: Available Qi wireless-charging capability Available eight-inch display audio or audio/navigation system Available HD Radio® capability “Eyes Free” Apple Siri® integration for iPhone Navigation map and music split-screen display function Navigation map with enhanced junction-view lane guidance Veloster Turbo features standard Infinity Premium audio with eight speakers, including a subwoofer, passive radiator and external amplifier. A SiriusXM® Satellite Radio interface is integrated into the head unit and features channel logos and data services. Veloster also offers available smartphone wireless charging. To charge a device, simply place a compatible smartphone on the wireless-charging interface located in the center console storage, recharging without the need for cables. The system indicates when the phone has fully charged, reminds occupants to remove their phone when exiting the vehicle, and detects when a foreign object is in the recharging area that could interfere with charging. The system is fully compliant with WPC’s Qi standard for ease of use. NEXT-GENERATION BLUE LINK® CONNECTED CAR SYSTEM Veloster offers Blue Link®, including three years of complimentary Blue Link services, with enhanced safety, diagnostic, remote and guidance services. Blue Link brings connectivity directly into the car with technologies like Remote Start with Climate Control, Remote Door Lock/Unlock, Car Finder, Enhanced Roadside Assistance, and Stolen Vehicle Recovery. Blue Link features can be accessed via buttons on the rearview mirror, the MyHyundai.com web portal, the Blue Link smartphone app, the Amazon® Alexa Blue Link skill, and the Blue Link Google Assistant app. Some features can also be controlled via Android Wear™ and Apple Watch™ smartwatch apps. The latest release of the Blue Link smartphone app includes: Widgets for easy access to remote features Ability to send Point-of-Interest data to vehicle navigation system (if so equipped) Access to Blue Link notification settings More details on specific Blue Link-equipped vehicles available at www.hyundaibluelink.com. COLOR Veloster is available in a variety of energetic exterior colors, including: Ultra Black, Chalk White, Sonic Silver, Thunder Gray, Sunset Orange, Racing Red, and Space Gray. Interior environments include cloth (2.0/Turbo R-Spec), cloth/leather combinations (2.0 Premium/Turbo), and all-leather (Turbo Ultimate) models. PRICING VELOSTER ENGINE AND TRIM MSRP 2.0 M/T $18,500 2.0 A/T $19,500 2.0 A/T PREMIUM $22,750 TURBO R-SPEC M/T $22,900 TURBO DCT $25,400 TURBO ULTIMATE M/T $26,650 TURBO ULTIMATE DCT $28,150 NOTE: EXCLUDES FREIGHT CHARGE OF $885 View full article

Mitsubishi is starting to find its footing thanks to the alliance it formed with Nissan towards the end of 2016. The company last year that it plans on "launching 11 new and redesigned models" for the U.S. Two of the models have go on sale this year, the Eclipse Cross and Outlander Plug-In Hybrid. But what about the other nine? Motor Trend has learned some details on a fair number of vehicles in the cards. Outlander: Redesign coming in 2021 and will use the underpinnings of the Nissan Rogue, Outlander Sport: To be redesigned in 2022. Will be based on the platform that is used on the Nissan Rogue Sport and upcoming Kicks. Hybrid/Electric Models: Mitsubishi is planning to offer a plug-in hybrid or pure electric powertrain for all of their models. Possible Midsize Truck: The number one request of Mitsubishi's U.S. dealers is a midsize truck. Mitsubishi is reportedly studying a truck for the U.S. But for the truck to get approval, it needs to make sense for the alliance to move forward. If approved, the truck would likely be built in the U.S. to avoid the chicken tax. Source: Motor Trend View full article

Lawsuits are fun as they bring forth documents that reveal the internal workings of a company. Case in point is a securities case against Fiat Chrysler Automobiles. Earlier this week, lawyers filed excerpts of an email from CEO Sergio Marchionne to Gualberto Ranieri, the company’s U.S. spokesman sent in 2015. According to Reuters, the email reprimanded Ranieri for making comments about how the company doesn't use defeat devices in their vehicles. “Are you out of your goddam mind?” wrote Marchionne in the email. Marchionne also wrote that Renieri's actions were “utterly stupid and unconscionable” and that he should be fired. In a statement provided to Reuters, FCA said it was “understandable that our CEO would have a forceful response to any employee who would opine on such a significant and complex matter, without the matter having been fully reviewed through its appropriate channels.” The statement goes onto say the Ranieri's comments come only a few days after it was revealed Volkswagen used defeat devices in their diesel vehicles “and before a comprehensive internal review and discussions with component suppliers was possible.” The lawsuit against FCA was filled back in 2015 over allegations of defrauding investors by overstating its ability to comply with vehicle safety laws. The company downplayed various safety problems that helped inflate their stock price from October 2014 to October 2015. However, FCA would be fined by the National Highway Traffic Safety Administration over lapses in various vehicle recalls. An amended version of the lawsuit that claims the company did not fully comply with emission laws was filed last year. Source: Reuters View full article