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  • Chrysler is No More as Stellantis Comes to Life

    Is this the last logo that will use the Chrysler name?

    Chrysler is dead.

    Perhaps a bit dramatic, but nevertheless, the merger between Fiat Chrysler Automobiles N.V. and Peugeot S.A. became effective today, resulting in Stellantis N.V. Shares of the newly formed Stellantis begin trading on exchanges in France, Italy and the U.S. starting Monday. All will use the ticker symbol STLA.

    The deal has been going through extensive regulatory approvals, twin shareholder votes and the necessary dottings of i’s and crossings of t’s for more than a year.

    As of today, that means that for the first time since June 6, 1925, when it was founded by Walter P. Chrysler, the Chrysler name will no longer exist as a corporate entity.

    (FCA CEO Manley gets new assignment following Stellantis merger.)

    Stellantis is alive! The company’s stock begins trading on three exchanges Monday.

    In many ways, the Chrysler name was a survivor. The company’s been through a variety of mergers, potential mergers and bankruptcies. It escaped the “merger of equals,” DaimlerChrysler from the late 1990s.

    It was essentially spared its life when the late Sergio Marchionne swooped in and offered to keep it going if the U.S. government would help it through bankruptcy in 2009. The final deal got done with Chrysler Group LLC becoming part of FCA US LLC to follow

    the naming convention of Fiat Chrysler Automobiles N.V. on Dec. 16, 2014.

    Chrysler Corp. fought its way through several near misses when it came to mergers as potential deals with Japanese automaker Mitsubishi, China’s GAC and most recently an effort to merge with Peugeot’s French rival, Renault S.A., a deal that was reportedly scuttled after demands by the French government, which holds an ownership stake in Renault, were too much for then FCA CEO Mike Manley to accept.

    (Fiat, PSA set to get EU go-ahead to complete Stellantis merger.)

    Then there was the effort by the aforementioned Marchionne to find a partner for FCA, seemingly almost any partner would do. He approached General Motors and was promptly rebuffed. He reportedly got the same treatment from Volkswagen. There was even a rumored dalliance with EV behemoth Tesla, which would have bolstered FCA’s basically non-existent electric vehicle program.

    The arrival of Stellantis means for the first time in 95 years the Chrysler name won’t be on a corporate marquee.

    It also survived a previous bankruptcy in the late 1970s, paying off the loans early with its charismatic CEO Lee Iacocca, who came over from Ford, helping to lead the company’s charge back to prosperity. Chrysler did enjoy one major merger success when it acquired American Motors in 1987, including – and especially – the Jeep brand.

    In fact, no one seems certain what the future holds for the Chrysler name period. Early in the process, officials said that all brands would be retained, but time and economics often change the equation and currently, the Chrysler brand offers just two products: the Chrysler Pacifica minivan and 300 sedan. Neither are in segments that are seeing sales gains.

    To be fair, there’s been some speculation about the survival of the Fiat name in the same vein. Fiat’s been around even longer, founded in Turin, Italy in 1899. In the U.S., it’s only offering the 500X in 2021.

    (Fiat Chrysler and PSA not exactly a “merger of equals.”)

    The Chrysler name isn’t the only vestige of FCA seemingly taking a step back as its CEO Mike Manley is no longer in charge, that duty going to PSA’s Carlos Tavares nor will he be on the board of directors as John Elkann, FCA’s chairman, will take that spot as the chairman of the new Stellantis. Manley, 56, is now Head of the Americas.


  • Automakers Join Broader U.S. Business Community in Curbing or Suspending Political Donations

    In light of the attack of the U.S. Capitol Building by rioters last week, GM officials are weighing the company’s options when it comes to PAC donations.

    A number of automakers have joined the growing push by U.S. businesses to suspend or entirely eliminate political spending in the wake of last week’s attempted insurrection by supporters of President Donald Trump.

    Scores of major corporations, from Hallmark to Dow, have reacted to the political violence that saw rioters break into the U.S. Capitol. In some instances, businesses have said they will suspend all political contributions. In other cases, companies are specifically targeting politicians and political groups that backed false claims that the election was rigged.

    Hallmark, for example, said it not only was ending financial support for Kansas Sen. Josh Hawley but was demanding he return previous campaign donations. The archconservative Republican has been seen as a leader in the “Stop-the-Steal” effort, caught on camera encouraging rioters as they approached the Capitol last Wednesday and then voting to reject the results of the election won by now President-elect Joe Biden.

    (Automakers, manufacturing trade group react in horror to Washington insurrection.)

    Ford executives said the automaker has suspended its PAC contributions “for now.”

    By and large, automakers have announced less aggressive responses to the what happened in Washington last week, though many did speak out against the violence, including Ford Chairman Bill Ford and CEO Jim Farley, as well as General Motors Chairman and CEO Mary Barra.

    Barra last week tweeted that, “The peaceful transition of power is a cornerstone of American democracy, and regardless of politics the violence at the U.S. Capitol does not reflect who we are as a nation. It’s imperative that we come together as a country and reinforce the values and ideals that unite us.”

    Asked Monday whether GM would also halt some or all political donations, a source said on background that the company is “weighing its options.”

    (Trump attacks GM, demands it move Chinese manufacturing operations “back to America.”)

    The company’s official response noted that, “While we have not determined our 2021 PAC spending at this time, GM PAC is committed to supporting and building relationships in a bipartisan manner, funds are contributed by GM employees and are distributed to support the election of U.S. federal and state candidates who foster sound business policies and understand the importance of a robust auto industry.”

    Fiat Chrysler was not donating to politicians prior to the events of recent weeks.

    For its part, Ford is taking more immediate action. “As we have said, events over the past year have underscored the need for a broader, ongoing discussion about other relevant considerations when it comes to our employee PAC. In order to give these important discussions the time and reflection they deserve, the Ford PAC will be suspending new contributions for now,” the company said in a statement.

    Toyota, meanwhile, sent a statement to TheDetroitBureau.com saying that, “Given recent events and the horrific attack on the U.S. Capitol, we are assessing our future PAC criteria.”

    (Trump attacks Ford after it agrees to a clean car deal with California.)

    A number of other automakers told TheDetroitBureau.com that they were not giving political donations even before the events of recent weeks. That includes Fiat Chrysler Automobiles, Nissan and Hyundai. Several other companies have yet to respond to requests for comment.


  • FCA CEO Manley Gets New Assignment Following Stellantis Merger

    FCA CEO Mike Manley apparently will settle into a new role after the merger with PSA is complete: Head of the Americas.

    Mike Manley, the CEO of Fiat Chrysler Automobiles and one of the architects of FCA’s merger with PSA Group, will take a new role as Head of the Americas once the deal is completed.

    There have been numerous questions about what, if any, role the 56-year-old Manley would play after the creation of Stellantis as John Elkann, currently the chairman of FCA, will retain that post at Stellantis while PSA chief executive officer Carlos Tavares will become the new organization’s CEO. Senior officials at both of the carmakers had indicated Manley would get a new role, undefined until today.

    Crediting Manley for “having led the profound transformational and exceptional development” of both the Jeep and Ram brands, while guiding FCA through “the rough terrain of the past couple of years,” Elkann announced Friday in a letter to employees that “Mike will be asked to take up the role of Head of Americas” once the merger is completed.

    (FCA CEO Manley won’t be on the board after merger with PSA is completed.)

    Carlos Tavares, PSA (left) and Manley shake hands following the signing of the merger agreement. Manley now has a position in the new company.

    The deal, which now has cleared a number of critical hurdles, including a regulatory probe by the European Union, is expected to close sometime during the first quarter of 2021.The merger will create the world’s fourth-largest automaker by sales volume.

    The British-born Manley started his career as a trainee at UK car financing firm Swan National. He subsequently spent time working on the retail side of the business at Renault and Peugeot dealerships before joining what was then DaimlerChrysler in 2000. Three years later, he was transferred to the United States.

    Following the breakup of DaimlerChrysler and Chrysler’s subsequent push through bankruptcy, Manley found himself one of the key players in the tight-knit group of executives surrounding Sergio Marchionne, the architect of the automaker’s merger with Fiat.

    It was as the new head of the Jeep division that Manley came into the spotlight, however. The brand’s name often was used as a synonym for SUV but, despite the surging demand for utility vehicles overall, Jeep sales remained relatively stagnant. Under Manley, the brand saw demand nearly quadruple, from around 323,000 in 2009 to 1.2 million in 2015 – the numbers reaching 1.5 million last year. Manley also was given the leadership role for truck brand Ram which has seen a surge in sales of its own.

    Manley was clearly positioned as Marchionne’s top lieutenant when the two led a presentation of a new five-year plan in June 2018. But, barely a month later, Manley was elevated to the CEO spot following Marchionne’s unexpected death during surgery.

    (Fiat, PSA set to get EU go-ahead to complete Stellantis merger.)

    Manley headed up Jeep after holding several posts within the company.

    If anything, the British native continued to follow the playbook laid out by his predecessor – which included a goal of finding a new merger partner. Marchionne had, during his tenure, approached an assortment of competitors, including both Volkswagen and General Motors, repeatedly being turned down.

    FCA and PSA had already established ties by the time Manley was named CEO, jointly working on several projects. And there were rumors early in 2019 that something more substantial might be in the works. Instead, that spring Fiat Chrysler announced plans to merge with PSA’s French archrival Renault. The deal was scuttled at the last minute by the French government which worried it might cause the collapse of the Renault-Nissan-Mitsubishi Alliance.

    Months later, Manley confirmed that FCA was talking with its old ally PSA, whose list of brands include Peugeot and Citroen. The deal was completed in November 2019 but subsequent announcements raised questions about what, if any, role Manley would play in the soon-to-emerge company called Stellantis.

    Elkann, heir to Fiat’s founding Agnelli family, was to retain his position as chairman while the CEO post would go to Tavares, a former top executive at Nissan who came in to turn struggling PSA around in 2014.

    FCA Chairman John Elkann selected Manley to succeed former CEO Sergio Marchionne.

    In his role heading the Stellantis unit in North, South and Central America, Manley will have a major responsibility. That will include not only steering the enterprise’s efforts to recover from the COVID-19 pandemic but also overseeing plans to bring the Peugeot brand back to the United States. It has been out of the market for nearly three decades but laid out a multi-tiered revival plan several years ago starting with its operation of a ride-sharing service based in Los Angeles.

    Manley, who was set to directly address FCA employees on Friday, will not retain his current seat on the board once the Stellantis merger is completed. Elkann and Tavares will be the only executive members.

    (Fiat Chrysler and PSA not exactly a “merger of equals.”)

    Based on combined 2019 sales, Stellantis will immediately become the world’s fourth-largest automaker by sales volume, behind only Volkswagen, Toyota and the Renault-Nissan-Mitsubishi Alliance – but ahead of General Motors which dropped down the list after closing numerous overseas operations and selling its European Opel/Vauxhall subsidiary to PSA.


  • Chicago Auto Show Postpones 2021 Gathering Due to Pandemic

    Chicago Auto Show organizers have postponed the 2021 event indefinitely.

    In what has become an all-too-familiar scenario, the coronavirus pandemic claimed another automotive event: the 2021 Chicago Auto Show.

    The pandemic has forced nearly every major show since the 2020 Chicago Auto Show in February to either reschedule, cancel all together or shift to an online format. No new dates have been set and the website for the show simply shows the dates as “Spring 2021.” It was initially set to run Feb. 13-21.

    “We are working with our partners at McCormick Place as well as state and city officials to develop a plan that allows us to open the 2021 Chicago Auto Show in a safe and responsible manner,” Mark Bilek, senior director of communications and technology for the Chicago Auto Show, told TheDetroitBureau.com in an email.

    (Detroit Auto Show organizers moving NAIAS again.)

    The 2020 Chicago Auto Show was basically the last full-on, in-person auto show.

    “State officials are currently reviewing our plan. While our traditional February dates are unlikely, we are hopeful to be able to stage the show sometime in the spring.” Bilek told Automotive News show organizers were hoping some time in March, April or May.

    Chicago is one of the larger shows on the North American circuit of global auto shows, and very focused on consumers. Bilek noted the show organizers are working with healthcare officials with the city and state to determine when the show can be held.

    Not only does the show have to deal with the always changing impact of the pandemic, it’s also got to find a space between other auto shows that have already been forced to reschedule dates. The most immediate show between now and the now postponed Chicago event is the annual Consumer Electronics Show.

    Organizers now say they plan to go to an “all-digital” format for CES in January. Better known as the Consumer Electronics Show, the annual show has become a major event for automakers at a time when their vehicles are becoming increasingly high tech. Dozens of automakers and auto suppliers filled an entire wing of the sprawling Las Vegas Convention Center in January 2020.

    (CES goes digital — but will automakers (virtually) stick around in 2021?)

    “Amid the pandemic and growing global health concerns about the spread of COVID-19, it’s just not possible to safely convene tens of thousands of people in Las Vegas in early January 2021 to meet and do business in person,” said Gary Shapiro, president and CEO of CTA, the group that runs the annual show.

    Nissan showed off the Ariya Concept at CES last January. Will automakers go with the show in 2021 when it becomes an internet-only event.

    The New York International Auto Show, normally held in April, moved to Aug. 20-29 at the Javits Convention Center. Show organizers tried to push back its 2020 show to this fall before ultimately cancelling it. They got proactive and delayed the 2021 event.

    The North American International Auto Show in Detroit for 2021 moved its projected June date to now late September in what organizers are calling a “reimagined indoor and outdoor show.”

    Public days for the show will now be Sept. 28 – Oct. 9, 2021 with the media preview and other events actually kicking off Sept. 24. Organizers say the NAIAS will be a “fall show going forward.” When it finally opens, it will be 2.5 years between Detroit auto shows.

    (New York Auto Show postponed until August due to coronavirus.)

    Other shows are still formulating plans, and those plans don’t even account for large classic car shows like the Pebble Beach Concours and others.


  • McLaren Artura Hybrid Supercar to Debut in 2021

    McLaren introduced its new Artura hybrid supercar, but provided only scant details.

    McLaren has offered up a new name for, and more details about, the hybrid supercar it plans to bring to market next year.

    Like competitors such as Aston Martin and Ferrari, McLaren wants to take advantage of the incredible, off-the-line torque that electric motors can deliver. It has already toyed with the advantages hybrid drivetrains can deliver with the limited-run P1 and Speedtail models. The McLaren Artura would be its first series version.

    Designed to replace the current Super Series, the new hybrid will pair the electric drive system with a twin-turbo V-6. That engine will be smaller than what’s on the existing line and is widely expected to come in with a displacement of around three liters.

    (McLaren eyeing synthetic fuels for future models.)

    The Artura, meanwhile, is expected to provide some electric-only drive capabilities, though they would likely be limited. McLaren has so far not indicated any plans to add a plug-in hybrid to its line-up but may need to eventually.

    The Artura builds on what the company gleaned from the development of the Supertail.

    A number of markets are now enacting new limits on the use of internal combustion engines. That includes the automaker’s home market, the UK banning vehicles solely powered by IC engines as of 2030, and all hybrids by 2035.

    McLaren isn’t offering any hard details on power or performance but there seems little reason to believe it would launch a hybrid model that couldn’t at least match the 563 horsepower and 443 pound-feet of torque currently produced by its 570S model.

    There would be the advantage of the instant torque that electric motors can deliver, but there’s also the reality that a hybrid drive system will add to the car’s weight.

    (McLaren taking orders for new supercar.)

    In a statement, McLaren CEO Mike Flewitt said the product development team is taking multiple steps to minimize that extra mass. “Every element of the Artura is all-new – from the platform architecture and every part of the High-Performance Hybrid powertrain, to the exterior body, interior and cutting-edge driver interface – but it draws on decades of McLaren experience in pioneering super-lightweight race and road car technologies to bring all of our expertise in electrification to the supercar class.”

    The P1TM hypercar was the starting point for the Artura.

    Another unanswered question is how many motors the McLaren Artura will feature. It may launch with a single motor in a rear-wheel-drive configuration but, if current practices hold, it’s expected to offer even higher-performance versions that would add another motor on the front axle.

    Facing the new wave of government mandates, the auto industry is ramping up its collective electrification efforts. That’s particularly true in the exotic and performance segments where there are few other alternatives available.

    (McLaren shows us the light – light weight – with new 765LT.)

    Aston Martin is already working on a hybridized replacement for its Valkyrie line and recently announced plans to work with Mercedes to offer electric drivetrain technology in other product lines. The Mercedes-AMG performance line will be hybridizing and Maserati has plans for an all-electric version of its MC20 supercar. Even Ferrari is getting into the battery-car game. The SF90 Stradale is its first street-legal plug-in hybrid and it has announced plans to have a pure battery-electric model in its line-up by around 2025.


  • Trade-In Values on Used Car Prices Falling Back to Normal

    Trade-in values are returning to normal after a rise in used-car prices pushed them up earlier this year.

    New vehicle sales continue to rebound from dreadful lows in late spring and early summer due to the coronavirus pandemic, and part of that comeback means that the value of that car, truck or utility vehicle being traded in is returning to normal too.

    So potential buyers who want more than top dollar for their trade better pull the trigger pretty soon, according to a new analysis of data from Edmunds.com.

    According to the car shopping experts, the average trade-in value last month dropped 3.3% to $15,874 from $16,411. In short, dealers are feeling less desperate to get new vehicles off their lots and aren’t overpaying for your trade. This also means they’re no longer hunting for good quality used vehicles to stock their previously owned lots either.

    (Black Friday offering up some good deals for new car shoppers.)

    “After experiencing a remarkable surge over the past few months, used car values are finally cooling down now that some of the major supply issues faced by the industry are being addressed,” said Jessica Caldwell, Edmunds’ executive director of insights.

    Potential buyers may want to accelerate their decision if they want to get better-than top dollar for their trade.

    “While inventory is still tight in some areas, we’re expecting to see more lease returns make their way to the used market. This steady supply of near-new inventory will help address the increased demand we’ve been seeing in the market during COVID-19.”

    The average value for 3-year-old vehicles also fell in October to $20,401, a 1.7% decline compared to $20,747 in September.

    The website examined trade-in values for some of the top-selling vehicles in the U.S. ­– Toyota Camry, Honda CR-V and Ford F-150 – in September and October. All of them saw the value drop with CR-V faring the best with just a 3% slide. The F-150 and Camry saw drops of 5% and 7.6% respectively.

    (Asian carmakers report increase in October sales.)

    The news gets better — if you’re a dealer.

    Edmunds noted that despite dealers offering less money on that F-150 that a potential buyer wants to use as part of their down payment, automakers are still seeing small increases on their average transaction prices, or ATPs.

    New vehicle sales in the U.S. are rebounding from spring and summer lows due to the pandemic.

    The ATP for all used vehicle purchases in October climbed to $22,418, a 0.5% increase compared to $22,299 in September. The ATP for 3-year-old used vehicle purchases in October dipped to $24,007, a 0.3% decrease compared to $24,067 in September. In short, dealers are getting more money out of the deal.

    The prices have remained flat, according to the website, because there has been an influx of off-lease and off-rental vehicles in the market place. Many rental companies, but Hertz in particular as it goes through bankruptcy, are selling off vehicles that they aren’t using because of the drop in travel during the pandemic.

    “We’re finally hitting the tipping point in the used car market,” said Ivan Drury, Edmunds’ senior manager of insights.

    (U.S. new car sales show signs of life in September.)

    “If your household has a second vehicle that you are thinking about selling because it’s going unused during the pandemic, there’s no point in holding onto it in the hopes of its value increasing again. You won’t get a dramatically higher value for your trade-in than you would have just last month, but you should still get a bit more money than usual since values are still inflated.”


  • Ford Outperforms GM, FCA in Third Quarter Sales

    Ford said the F-Series finished the third quarter strong with a 17.2% increase in September.

    Ford Motor Co. outscored its Detroit rivals, General Motors and Fiat Chrysler during the third quarter by reporting a smaller sales decline and picking up share in the pickup market.

    Ford, reporting a day after GM and FCA, was down 4.9% compared to a year ago. GM and FCA reported 10% declines during the third quarter as the industry showed signs of recovering from the impact of Covid-19 pandemic, which stalled sales last spring.

    “Despite the challenging pandemic environment, our retail unit sales were down only 2 percent and we had our best third quarter of pickup truck sales since 2005,” said Mark LaNeve, Ford vice president of sales marketing and service. “F-Series finished the quarter on a high note with September sales up 17.2% with over 76,000 F-Series pickups sold. This is a testament to our winning product portfolio and the performance of our great dealers.”

    (U.S. new car sales show signs of life in September.)

    Volvo Cars enjoyed its best September sales results since 2004.

    FCA’s Ram pickup deliveries slipped 3.4% year over year to 156,157 pickups during the third quarter as the Chevrolet Silverado pickup from GM fell 5.4% to 145,525 units. Subaru and Toyota reported sales gains in September as actual sales gains versus the previous year.

    Volvo Cars USA maintained its upward momentum trend announcing its fourth consecutive month of year-over-year growth. Retailing 10,274 cars in September 2020, the strong result represents 10.2% growth over the same period last year and marks the best September result for the brand since 2004.

    Honda brand sales climbed 11% as trucks set a September record with a 20.4% jump, while Acura September sales increased 16.6% on strong performances from MDX, RDX and ILX. “September marks a high-water mark for Honda sales this year with double-digit gains and our first month in positive territory since the pandemic began,” said Dave Gardner, executive vice president of National Operations at American Honda.

    (Automakers expected to report strong September sales.)

    Mazda North American Operations (MNAO) today reported total September sales of 24,237 vehicles, an increase of 28.7 percent compared to September 2019. Mitsubishi Motors North America Inc. (MMNA) today reported third-quarter 2020 sales of 24,857 vehicles, an increase of 1.5% over the same period in 2019, and up a significant 49% over the previous quarter of 2020.

    Mitsubishi Motors saw sales rise 1.5% versus last September and a 49% compared with the second quarter of 2020.

    Volkswagen of America reported its sales 7.6% and Porsche Cars North America Inc. said third quarter U.S. retail deliveries rose 5% from the same period a year ago, continuing a recovery trend from coronavirus lockdowns in the first half of 2020.

    September 2020 sales benefitted from two extra sales days, and the Labor Day holiday weekend, which fell in August for 2019 results. Incoming figures from reporting automakers are reflecting year-over-year improvements for the month, and on an unadjusted volume level the sales tally for the month is expected to be up 2-3% year over year the first time since February 2020 the market will realize a monthly y/y improvement,” noted IHS analysts Stephanie Brinley.

    (Tesla hits quarterly delivery record but Wall Street is not impressed.)

    “The SAAR reading for the month is expected to improve from the 15.2 million unit reading in August, possibly bumping against a 16-million-unit pace. But this would still be well below the 17.2 million unit reading of September 2019,” she said.


  • BMW Gives Its Vaunted M3 and M4 Models a Complete Makeover

    The new 2021 BMW M3 – the Competition package shown here — picks up on the bigger double-kidney grille first seen on the 4-Series.

    While the top end BMW 7-Series sedan and X7 Sport Activity Vehicle might serve as the Bavarian Marque’s twin flagships, but the M3 sedan and M4 coupe are the two models that really shine the brand halo – and both are going through significant makeovers for the 2021 model-year.

    Some of the biggest changes can be found under the hood of the two M models which go through sweeping mechanical changes. For one thing, the familiar powertrains in the current models are being replaced by turbocharged inline-six alternatives making up to 503 horsepower in the Competition editions. And to handle all that power, the new muscle cars migrate from rear to all-wheel-drive for the first time with the Competition edition.

    Visually, the two models get more aggressive and the M3 adopts the enormous kidney grille first used on the outgoing M4. More broadly, the two M models will now be more easily differentiated from non-M versions, according to Adrian van Hooydonk, the head of BMW Group Design.

    “The design is resoundingly function-driven, pure and reduced without compromise,” he said in a statement. “At the same time, it provides an emotionally engaging window into the vehicle character.”

    (BMW Preps for new i4 EV launch, reveals plans for all-electric 5-Series.)

    The 2021 BMW M3 and M4 offer two options for performance buyers.

    Check out the new M3 and you’ll immediately notice the massive new double-kidney grille. But that’s only the beginning. The sedan gets a new front bumper, tweaks to the hood, and flared wheel arches that enhance the newly widened track.

    Both models grow larger in all key dimensions this time around, BMW noting that they’re each 4.6 inches longer, with wheelbases stretched 1.8 inches compared to the outgoing models. The M3 also grows 0.4 inches wider and 0.1 inches taller, while the 2021 M4 is 0.7 inches wider and 0.4 inches taller.

    The increases are particularly noticeable from the silhouette where you’ll also see more curve to the side panels, more pronounced side sills, and a distinct crease by the front door opening, where air exhausts from the forward air curtains.  Around back, look for a new lip spoiler and a quad exhaust.

    That new, dual-branch exhaust, shared on both the M3 and M4, have been retuned to enhance the performance sound of both models. It uses electronically controlled flaps that enhance the sort of rumble motorists want to hear while tuning out more “intrusive sound” that customers want to avoid, BMW explains. The intensity automatically amps up in Sport and Sport+ modes, and when a driver hits the M Sound button.

    (BMW may go for a plug-in hybrid with upcoming X8 M.)

    The interior of the 2021 BMW M3 Competition model.

    BMW put an emphasis on cutting mass with the new models, among other things migrating to new carbon-fiber reinforced plastic for the roofs on both the M3 and M4.

    Both models will be available with optional M Carbon exterior packages which, BMW says, includes inlays for the front air intakes, a rear diffuser, exterior mirror caps and a rear spoiler made from CFRP.

    Less mass clearly improves performance and, by lowering the center of gravity, the new M3 and M4 improve handling. But the key to performance is still found under the hood and the two M models now go with BMW’s new S58 powerplant which peaks at 473 horsepower and 406 foot-pounds of torque – up 43 hp from the outgoing models. The Competition models go even further, at 503 hp and 479 lb-ft up 59 hp and 73 lb-ft from the old Ms. That’s enough to hit 60 in just 3.8 seconds.

    The new engine uses wire-arc sprayed cylinder liners to cut friction and weight, along with a 3D-printed cylinder head core and a forged, lightweight crankshaft. There are twin mono-scroll turbocharger and a track-ready cooling system.

    Like the new M3, the 2021 BMW M4 grows longer, wider and ever so slightly taller.

    While the 8-speed M Steptronic gearbox is likely to dominate sales, a 6-speed manual will remain on the option list for those who choose to row their own.

    The Competition models, meanwhile, introduce M xDrive for the first time, the rear-biased AWD system featuring a high-performance torque vectoring system.

    To handle a combination of track conditions and everyday driving, all versions of the new M3 and M4 will come with BMW’s Adaptive M suspension which, the automaker explains, “utilize(s) electromagnetically controlled valves which react in milliseconds to generate an infinitely variable damping force for each individual wheel.”

    Their steering and braking systems have likewise been upgraded to meet M standards, and optional carbon-ceramic brakes are available.

    Though most buyers will opt for this 8-speed Steptronic, BMW will continue to offer a 6-speed manual for both new M models.

    (BMW keeps on truckin’ with its 2021 5 Series sedan.)

    Customization is a key to the M packages, starting with the ability to choose between five different driving modes using the M Setup button. A separate M mode button adjusts settings for the M3 and M4 driver assistance systems, as well as the displays on the reconfigurable gauge cluster and the head-up display.

    Those who want to spend serious track time may want to consider the new M Drive Professional package, an option which, says the automaker, “helps the driver to make consistent progress in pursuit of the ideal line and the perfect lap. Features include the M Drift Analyzer which records the duration, distance covered, line and angle of a drift with a rating shown on the Control Display.”

    The M packages are rounded out with new interiors featuring unique colors and accents compared to the more mainstream M3 and M4 models. That includes newly developed heated M sport seats, as well as optional M Carbon bucket seats that, the automaker claims, combines track-level support with the sort of comfort needed for long-distance travel.

    Look for the 2021 BMW M3 and M4 models to reach showrooms next March. Pricing will be released closer to that time.


  • Is Joe Biden a Modern Deep Throat for Corvette News? Maybe!

    Did Joe Biden reveal future plans for an all-electric Chevrolet Corvette during a Detroit area campaign stop?

    If you’re looking to break news about future plans for the Chevrolet Corvette, Democratic president nominee Joe Biden may be better than another well-known Washington D.C. informant, Deep Throat.

    During a campaign stop Wednesday in Warren, Michigan, the former Vice President reminded a group of supporters that he’s a car fan. In fact, it’s pretty well known that he’s the proud owner of a dark green 1967 Corvette that he’s “owned since new.”

    However, for the second time in about a month, he may have given away some of GM’s future plans for the new ‘Vette: “But I gotta tell ya, I’m waiting for that electric one y’all just made that does 210 mph.”

    (Internal dokument confirms 1,000-hp Corvette C8 Zora.)

    GM officials have never formally announced plans for an all-electric version of the new C8 model of the Corvette, although they have trademarked the name “E-Ray” so it’s clearly on the company’s mind.

    GM insiders have dropped strong hints that an “electrified” Corvette is on its way, but they’ve also been blurry about what that would mean. During the preview of the eight-generation, or C8, Corvette in Orange County, California last year team members told TheDetroitBureau.com that the mid-engine sports car’s new platform was specifically designed to accommodate batteries.

    Democratic Party nominee Joe Biden is a big fan of the Corvette. He owns a 1967 model himself.

    That’s in line with a report posted here in April outlining the hierarchy of ‘Vettes to come during the current lifecycle. As has become the pattern, the C8 Stingray will be followed by models such as the Z06, the ZR1 and others, each delivering more extreme levels of performance.

    According to various sources, the next Corvette Grand Sport seems poised to be the first electrified model, pairing a hybrid drive with the current 6.2-liter V-8 to punch up from 495 to around 600 horsepower. The COVID-19 pandemic is expected to push the original 2023 launch back by about a year.

    That’s unlikely to be the 210 mph model that Biden was referring to. While that model might use the name “E-Ray,” it could also be the long-rumored Corvette Zora, Chevrolet’s answer to ultimate flagships like the Ferrari Enzo.

    Named for Zora Arkus-Duntov, the legendary General Motors engineer widely known as “the father of the Corvette,” it’s destined to be the “ultimate” version of the new C8 mid-engined ‘Vette. The Zora, according to conventional wisdom within auto circles, was supposed to rely on a gas-electric hybrid drivetrain that will deliver a full 1,000 horsepower through all four wheels.

    (First Drive: 2020 Chevrolet Corvette Stingray.)

    Biden could have been referencing the Genovation GXE all-electric Corvette during his speech.

    Intriguingly, GM has hinted that its new Ultium-based electric driveline could make 1,000 horsepower – in fact, that being the number it has promised for the upcoming GMC Hummer pickup. So, that might suggest that a Corvette Zora could itself go all-electric, rather than opting for a hybrid driveline.

    Confounding the picture, GM President Mark Reuss has suggested the automaker’s plans now call for skipping hybrids in favor of pure battery power – something that doesn’t gibe with reports of upcoming Corvette hybrids of any form. But the ‘Vette team has a history of working outside the box and could get a bit more freedom.

    Then, of course, there’s the possibility that what the Democratic presidential candidate was referring to isn’t actually a factory-built Corvette at all. There are a number of companies now converting conventional, gas-powered vehicles to run on battery power. It’s quite possible that’s what Biden was referring to in his comments in suburban Detroit on Wednesday.

    “I can’t wait to get to set behind (the wheel of) that all-electric Corvette that goes 210 miles per hour,” he said. “Last year, that converted Corvette set a speed record of 210.2 miles per hour — an electric vehicle.”

    One conversion company, Genovation GXE, is now promoting what it claims to be “the world’s first street legal all-electric car to break the 200 mph barrier.” (That might come as a surprise to Croatia’s Rimac whose C_2 hits 258 mph.)

    Genovation’s electric ‘Vette set a new record of 210.2 mph, then broke it two months later clocking 211.8 mph.

    Last September, Genovation raced its converted C7 Corvette to 210.2 mph, setting a new record in the process. The Rockville, Maryland-based company then tweaked the sports car a bit more and posted an even faster time in December of 211.8 mph.

    (GM reveals flexible EV platform, new “Ultium” batteries.)

    Whether that was the car Biden was referring to is unclear but, with GM officials declaring that the company is “on a path to an all-electric future,” all signs point to the likelihood that it’s only a matter of time before we’ll be able to plug in a battery-powered Corvette.

    (Paul A. Eisenstein contributed to this report.)

     

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  • Driving Off into the Sunset: Models Being Discontinued in 2021

    The last Ford Fusion rolled off the line earlier this summer as part of the automaker’s plans to shift away from sedans.

    It’s been a tumultuous year for the auto industry, something that would have been likely even if we didn’t have a deadly pandemic delivering such a shock. If anything, the slump in sales has forced automakers to take a good, hard look at their product portfolios and consider pulling the plug on models that haven’t been delivering.

    At the moment, we know of at least 18 different products that won’t be back in 2021 trim, and we’d not be surprised if a few more fade away mid-model year.

    What you’ll likely notice is that virtually every vehicle on the list falls in the passenger car segment. No surprise there, either, considering the steady shift from sedans and coupes to SUVs and CUVs. With the departure of the Ford Fusion, Lincoln Continental and Lincoln MKZ Ford Motor Co. is effectively out of the passenger car business – with the exception of the Mustang. And other brands aren’t far behind.

    (End of an era at Ford as last Fusion rolls of production line.)

    Here’s a look at the soon-to-be-departed models we already know about.

    Acura sold just 600 unit of the RLX in the first half of this year and that number isn’t really expected to rise.

    Acura RLX: The heir to the once legendary Acura Legend was positioned as the top end of the Japanese luxury brand’s line-up. But the RLX has lost most of its momentum, demand all but drying up over the last several years. With Acura selling barely 600 units during the first half of 2020, likely few will even notice its departure.

    Alfa Romeo 4C: This quirky little sports car was never expected to sell in big numbers, the original coupe and spider convertible that followed intended to create buzz around the return of the Alfa brand to the U.S. market after a nearly quarter-century absence. The 4C did create plenty of interest – but few sales and virtually no halo effect for the still struggling Alfa marque.

    BMW i8: One of the two original models in BMW’s groundbreaking electric “i” brand, the i8 was seductively styled and featured a technically intriguing plug-in hybrid drivetrain. But its high cost and relatively low power didn’t set enough hearts aflutter. For now, the automaker is taking a different, all-electric tack as it prepares a second wave of products for BMW i.

    Buick Regal: One of the longest-running nameplates on the U.S. market, Regal was once a powerhouse for a brand that is, today, rapidly shifting from sedans to SUVs. In fact, with the demise of Regal, Buick will sell only utility vehicles in the U.S. going forward.

    BMW is ending the run of its i8 PHEV sports coupe to focus on other electric vehicles.

    Cadillac CT6: Parent General Motors insists it is not giving up on sedans, and Caddy will continue with the new CT4 and CT5 models, but the flagship CT6, despite generally favorable reviews, has reached the end of its run. Curiously, while Cadillac is launching the all-new high-performance Blackwing line, the CT6 was the only model ever to offer the Blackwing V-8 engine.

    Chevrolet Impala: The bowtie brand is only a step behind crosstown rival Ford in shifting to utility vehicle, especially with the demise of the big Impala following the smaller Cruze model into the nameplate scrapyard. Like Buick’s Regal, the nameplate had been in use, though not continuously, for more than six decades.

    (End of the Run: the last Chevy Impala rolls off the line.)

    Chevrolet Sonic: A decade ago, Chevy set out to prove it could build small cars profitably in the U.S. market, and it looked like it had succeeded with the launch of the original Sonic. Of course, with gas at record prices, there was reason for Americans to buy a car like the Sonic. These days, SUVs and CUVs are the ticket and this, the last subcompact assembled in the U.S., will soon be a memory.

    Dodge Grand Caravan: Typically counted on the truck side of the ledger, minivans haven’t fared nearly as well as SUVs and CUVs and, during the past decade, the number of options has been steadily dwindling. With the demise of the Grand Caravan, there will now be just one people-mover, the Chrysler Pacifica, offered by Fiat Chrysler, the company generally credited with inventing the modern minivan.

    Despite it performing fairly well, Cadillac gave the CT6 the ziggy.

    Dodge Journey: The Dodge Journey has been a crossover that reviewers and buyers alike have never taken a shine too. Its styling is forgettable, it is available only in front-wheel drive and it has little else going for it. Add the decision to have Dodge focus exclusively on muscle cars and the demise of the Journey was mercifully welcome.

    Ford Fusion: The end of the road has finally come for Ford’s once widely popular passenger car line-up. That saddens those who remember the 2007 launch of the midsize Fusion which, at the time, featured one of the most striking designs on the market. Combine the fact that Ford did little to update Fusion as sedan sales started dwindling and its departure was preordained.

    Honda Civic Si and Civic Coupe: There should be no surprise the compact coupe version of the Civic is going away. Two-doors are an increasing rarity these days, even more endangered than sedans. As for the four-door Civic Si, Honda seems intent on getting performance buyers to focus on the newly updated Civic Type R, though word has it the Si will be gone for only a year or so before returning to the line-up.

    Honda Fit: This small hatchback seemed to have so much promise when it was introduced mid-decade, thanks to an unexpectedly roomy interior and flexible seating system. But subcompacts simply don’t sell these days, not on the passenger-car side, anyway. Instead, Honda hopes it can steer buyers over the the HR-V crossover, instead.

    Mercedes-Benz is putting an end to its small roadster, but it’ll go out with a bang with a “Final Edition” package.

    Lexus GS: There was a time when the GS sedan was nearly as much a powerhouse nameplate as the Lexus RX, but crossovers have won the battle and demand for the sporty sedan has largely evaporated. With a full range of SUVs and CUVs in showrooms, Lexus simply didn’t need to waste resources keeping the GS fresh.

    Lincoln Continental: It’d be easy to say the Continental was simply the victim of declining sedan sales but the truth is that it just didn’t have the looks, features or basic mojo needed to compete with comparable European and Asian alternatives. Worse, Lincoln got spanked for losing the spark of the Continental concept vehicle this was supposed to be based on.

    Lincoln MKZ: With steadily dwindling demand for luxury sedans, and with plenty of SUV/CUV alternatives in its line-up, it’s no surprise Lincoln might consider offloading the four-door model originally known as the Zephyr. But its fate was assured when Ford decided to pull the plug on the more plebian Fusion model that shares the same, underlying platform and assembly plant.

    Mercedes-Benz SLC: Originally known as the SLK, this compact two-door sports coupe made a buzz early on, in part due to its origami-style folding hardtop, as well as a reasonably affordable entry prices. But the German marque over-extended its line-up over the past few decades and is rationalizing its mix, starting with the SLC. Don’t be surprised to see other passenger car variants follow.

    (And another one bites the dust: farewell Mercedes SLC.)

    Toyota Yaris: To hear tell from Toyota, it’s firmly committed to the passenger car market – but not enough to prop up this slow-selling subcompact in an SUV-centric market. Even offering both hatchback and sedan versions couldn’t bring enough shoppers into showrooms – all the more surprising since Toyota held down development costs by sharing platforms with the Mazda2 which soldiers on alone.