-
1 day ago | 
hagerty.com | Steven Smith
You’d think that as long as I’ve been in this business, having witnessed countless broken hearts when an automotive start-up goes belly up, that I’d quit rooting for underdogs when logic and history suggest that failure is a natural outcome. For every Tesla success story, for every Rivian and Lucid that are still at least in business, there’s a raft of Bricklins and Deloreans, Fiskers and Faraday Futures, Nikolas and Canoos and Qvales.
-
3 days ago | 
hagerty.com | Steven Smith
Nestled in among a host of questions that occurred when the automobile import tariffs were announced was this: What’s Mitsubishi going to do? Toyota, Honda, Nissan, Subaru and Mazda build vehicles in America (although with Mazda, it’s vehicle, singular: the CX-50). Mitsubishi is the only mass-market Japanese auto manufacturer with no U.S. manufacturing facility.
-
6 days ago | 
hagerty.com | Steven Smith
By 1992, Chrysler had become the king of auto show stunts, especially at the biggest event of the year, the North American International Auto Show in Detroit. But the problem with that was, how do you top yourself every year? That’s the issue Chrysler had, because they had a very important product to launch, and they needed to make a big splash.
-
1 week ago | 
hagerty.com | Steven Smith
You can’t blame Cadillac for wanting to take center stage at the Miami Grand Prix last weekend: After all, it’s the first of three U.S. races on the Formula 1 schedule, and South Florida is a good place to make a big splash.
-
1 week ago | 
hagerty.com | Steven Smith
The average April transaction price for new vehicles—which measures not a vehicle’s sticker price, but how much buyers actually pay—is $47,462. But, in a story from a week ago, Kelly Blue Book said the overall average transaction price for full-sized pickup trucks is $63,600, which makes buying a truck a challenge for many potential customers.
-
1 week ago | 
hagerty.com | Steven Smith
Welcome to This Week on Hagerty Marketplace, a recurring recap of the previous week’s most noteworthy cars and significant sales from the Hagerty Marketplace online auctions. Our selection of sales from this week’s candidates is a triple threat of near-period perfection, with a pair of true American muscle cars, plus a sporting later arrival from Japan. Let’s start with the most powerful model, and work our way down to the most nimble.
-
2 weeks ago | 
hagerty.com | Steven Smith
There’s little question that attorneys for Porsche have been in close contact with attorneys for Singer Vehicle Design, the California-based company that, since it opened in 2009, has produced and sold more than 200 of its motorized masterpieces. As you likely know, Singer “reimagines”—a word the company uses a lot—vintage Porsche 911s, mostly after harvesting ideas from a customer for one of its cars, which Singer puts down on paper, and then transfers to metal and fiberglass and carbon fiber.
-
2 weeks ago | 
hagerty.com | Steven Smith
As we shared a week ago, Slate Automotive, the Jeff Bezos-backed company that plans to build a bare-bones small electric truck, has announced that it will assemble them at a plant in Indiana. The company has confirmed that the plant will be in Warsaw, a city of about 16,000 located 40 miles northwest of Fort Wayne. The Slate plant, which they apparently are leasing, is in a 1.4 million-square-foot factory that was previously occupied by LSC Communications, formerly known as R.R. Donnelley & Sons.
-
2 weeks ago | 
hagerty.com | Steven Smith
“Could this be the ‘soft’ transition from ICE to EV that we’ve all been waiting for?” asks Top Gear, the website for the British BBC television show. And the vehicle they’re talking about? The next-generation BMW M3, which, according to BMW Senior Vice President Dr. Mike Reichelt, will be offered with an inline six-cylinder gasoline engine, and as an all-electric vehicle, possibly with four electric motors.
-
2 weeks ago | 
hagerty.com | Steven Smith
That didn’t take long: The National Highway Traffic Safety Administration opened an investigation into problems with GM’s 6.2-liter V-8 engines on January 16, and now, three and a half months later, General Motors has announced a recall and a stop-sale on affected full-sized Cadillac, Chevrolet and GMC trucks and SUVs that might be in dealers’ inventories. By federal government standards, that’s a pretty fast turnaround.
