High car prices will stay high in 2022

Looking for a new car? Have you thought about waiting until 2023? All this and more in The morning shift for April 18, 2022. 1st gear: car manufacturers can get away with it Automakers spend years — decades – desperately trying to keep prices low to stay competitive in the market. But if…every car manufacturer … Read more

Toyota makes a Crown SUV and I hate it

Elon Musk wants to buy Twitter, Toyota wants to make a Crown SUV and Volkswagen. All this and more in The morning shift for April 14, 2022. 1st gear: Crown The Toyota Crown is in its fifteenth generation, having been manufactured since 1955 in one form or anotherthe car of Japanese government officials, a bright … Read more

Electric trucks save 1.5 times more emissions than electric cars

If we have to go through all the trouble of tearing every last ounce of lithium off the planet just to be able to send nine billion ton electric vans down the road on autopilot, they better be good for the environment. All this and more in The morning shift for April 11, 2022. 1st … Read more

Nissan says solid-state batteries are a ‘potential bomb’

Nissan is really excited to tell you about its new and improved electric car battery technology that, uh, could blow us all away. All this and more in The morning shift for April 8, 2022. 1st gear: that’s one way of saying it I’m not sure the idea that better technology is what we need … Read more

Chevy Bolt Hits Reset

Photo: Chevy Chevy says bolts are good now, Hummer EV buyers seem insufferable and VinFast. All this and more in The morning shift for April 7, 2022. 1st Gear: Bolt The Chevy Bolt, like you will remember, was subject to a massive recall last year due to a potential fire related to its batteries. This … Read more

VW abandons cheap cars

Almost 20 years after Volkswagen introduced the Phaeton to a resounding “huh?” of the buying public, VW is once again doubling down on premium models offering higher profit margins than bargain products. All this and more in The morning shift for April 6, 2022. 1st gear: Must be fun being an Audi executive right now … Read more

Car dealerships are getting bigger and bigger

Dealerships in America keep getting bigger, with consolidation on the rise. All this and more in The morning shift for April 4, 2022. 1st gear: consolidation is in place Industry trade that is Automotive News reports heavily on auto dealership activity, and this year’s report indicates that consolidation continues unabated. The top 10 and 150 … Read more

GameStop’s Meme Stock has another wild meme moment

Photo: Kotaku/Spencer Platt (Getty Images) People were waiting for GameStop bubble pop for over a year now. Instead, the struggling brick-and-mortar video game retailer just posted another banner week on Wall Street. Earnings are down. employee morale is in the pits. But the company’s shares have fallen from $78 a share last month to more … Read more

Fewer people are buying cars and Biden goes bankrupt: gas price watch

Drawing: Angelica Alzona (Shutterstock) Hello and happy Friday! We created it. I’m proud of us. It’s been a tough week, hasn’t it? Gasoline prices have also been quite difficult. They’ve gone down about a penny a day, which is something – but not really *something*. The average price of a gallon of regular gasoline across … Read more

This list of cars with the highest margins doesn’t tell the whole story

Photo: Elizabeth Blackstock More new car buyers than ever pay more than the advertised price for the vehicles. Finding a “deal” looks very different in this market than in the past. We have repeatedly reported some pretty glaring profit margins and there is even a website that tracks stores that raise the prices of certain … Read more