The Ford Motor Co. has recalled 300,000 autos primarily based on the F-150 chassis to fix a master brake cylinder drawback. The vehicles can unexpectedly brake at highway speeds, resulting in concerns of rear-end crashes. The automaker says the lights meet requirements, however regulators disagree. Reports Unaudited Fourth Quarter and Full Year 2021 Financial ResultsNIO today introduced its unaudited financial results for the fourth quarter and full yr ended December 31, 2021.
Jaguar has announced a handful of important modifications to the 2021 I-Pace electrical SUV. Chief among them is a newly normal 11-kilowatt, 3-phase onboard charger, an improvement over the previous 7-kW, 2-phase unit. This improve shaves more than four hours off of the EV SUV’s in a single day charging time. Toyota is canceling the Yaris subcompact after the 2020 mannequin 12 months, based on multiple stories and claimed affirmation by a Toyota spokesperson. The Mazda-based Yaris hatchback was new for 2020, replacing the earlier France-sourced Yaris hatch, but gradual gross sales have sealed the car’s destiny.
Even with elevated trade-in values, the common month-to-month finance fee is on pace to hit a report excessive of $658 for the month of March, up $73 from March 2021. That translates to an 12.4% enhance in month-to-month payments from a year in the past, which remains to be below the 17.4% improve in transaction costs. For the first quarter of 2022, complete retailer revenue per unit is on pace to succeed in $5,013, a unprecedented 126% improve from the first quarter of 2021,” King said. Automakers and dealers are benefitting from the high costs and low incentives in the form of big profits.
This week, Stellantis announced main electrification news and unveiled the all-new Jeep Grand Cherokee 4xe plug-in hybrid. We also lined several new automobile previews, critiques, and explainer articles. For the first time in the study’s 35-year historical past, Ram tops the list as the highest-ranked total brand. Rivian is likely considered one of the most fun new automakers to come out of the burgeoning electrical car revolution. The Rivian R1T pickup truck and Rivian R1S SUV are glossy and shockingly capable.
Check out the week’s high story and our newest review…along with a dive into the past with this week in automotive history. More than just “another” place to find news, critiques, spy shots, commentary, features, and guides about the auto trade. TheDetroitBureau doesn’t cease with the press releases or confuse a couple of lines of opinion with insightful, in-depth reporting. We first reported about VW’s production pause again in late February 2022.
Perhaps essentially the most fascinating of the recent spherical of newsworthy EVs is the Mercedes-Benz EQA 250. This week, we reported that BMW has built its most powerful manufacturing automotive, GM is doing away with gasoline and diesel in light-duty autos, and Volvo might give away $2 million in new autos on Super Bowl Sunday. This week, we revealed particulars in regards to the new 2021 Ford F-150 Raptor and confirmed a high-performance, V8-powered Raptor R is coming subsequent year. Nissan introduced redesigned 2022 Frontier pickup and 2022 Pathfinder SUV fashions, whereas its Titan full-size truck took successful on security rankings. This week, we reported on a quantity of automotive news objects and provided expert reviews. We additionally revealed articles explaining what a repeatedly variable transmission is and the way eTorque works.
If you’re a fan of wrenching on old automobiles, you understand what a crate engine is. Old automobiles restored with fashionable crate engines are known as “restomods.” In affiliation with SEMA360, Chevrolet is displaying a new restomod of its own Automotive News. The Maxima SV is nearly $3,000 costlier than a loaded Altima Platinum. The changes eliminate price overlap between the completely different models, clearly positioning the Maxima as the company’s flagship sedan.