Detroit’s car companies are in the early stages of a great crisis

Exactly a decade ago, Detroit’s automakers were in crisis as the broader world economy descended into chaos. There’s another crisis unfolding in Detroit now, but it’s not so obvious, even if it is just as real. And while the world’s economy is not yet out of control, there are alarm bells ringing from Beijing to …

Read more

First on the Grid, Road Tests Comments (0) |

Nautilus is a success, not so much the Lincoln brand

I have driven a $65,000 Lincoln Nautilus Reserve crossover and it’s better than advertised and certainly much, much more than I expected. The Nautilus is not a completely new model, however; instead, we’re looking at something of a mid-cycle makeover with an available new four-cylinder engine, an assortment of styling updates and a new name. …

Read more

A revealing look at ultra-rich car buyers

Forbes pegs the number of billionaires at a record 2,208. Average net worth: $4.1 billion (all figures in U.S. dollars). Combined net worth: $9.1 trillion. The U.S. was the reported home to 585 billionaires, China in second place at 373. In June, Bloomberg said a Boston Consulting Group report found that millionaires and billionaires now …

Read more

2019 Genesis G70 3.3T Sport AWD: quite the driving machine

In April of 2015, Hyundai Motor lured German engineer and BMW veteran Albert Biermann to the Korean automaker in a move that was noticed, but also met with some degree of skepticism. Hyundai and high performance? No one in 2015 put those words in the same sentence. Cheap and utilitarian, yes, but the joy of …

Read more

Commentary, First on the Grid Comments (0) |

Without Carlos Ghosn, Nissan and Renault would have failed

In the fall of 1999, a young and very aggressive Brazilian-born, French-trained executive came to Tokyo with more bad news than any car company executive had ever delivered to the insular and pampered Japanese car business. Carlos Ghosn, a worldly engineer of Portuguese descent, who at the time spoke multiple languages, was there to fix …

Read more