A couple of things you should know about today.
Today is the deadline for Volkswagen to submit a draft plan to regulators on how it will fix four cylinder diesels that the EPA and California Air Resources Board said exceed pollution regulations. VW’s board has agreed to cut spending by $1 billion next year as it sets aside funds to deal with the pollution problem. At this stage, there are only estimates on the total costs for dealing with the problem.
Will Ford reach agreement with the United Auto Workers on a new four year labor agreement? It is a close call, and members of the local at the Rouge Complex, some 8,000 of them, will decide the tentative contract’s future when they finish voting today.
Some final items from the Los Angeles Show:
Scion displayed the C-HR Concept aimed at “young urban creative” customers who like to stand out from the crowd. The C-HR or Compact – High Ride is built on Toyota’s new Global Architecture with increased body rigidity, and less body movement and roll in cornering. Beyond that, we don’t know much about it except for this line – “More information about the timing and technical specifications for the C-HR will be available when the production version debuts in 2016.”
The Chevy Volt was named the 2016 Green Car of the Year, the second time it has taken home the award. The Green Car Journal cited a host of improvements in the latest model including more energy-dense batteries, new electric motors and quicker acceleration. Other finalists were the Toyota Prius, Honda Civic, Hyundai Sonata and Audi A3 E-Tron.
Car and Driver has announced its Top Ten winners for 2016. They are:
Cadillac CTS Vsport
Ford Mustang Shelby GT350/GT350R
Mazda MX-5 Miata
Tesla Model S 70/70D
Volkswagen Golf/GTI/ Golf R
This marks the 19th year in a row that the Accord has made C&D’s Top Ten and the Porsche Boxster/Cayman has been on the list for a decade. You can find out more in the January 2016 edition of the magazine.
It is worth noting that the three best-selling vehicles in this country so far this year are trucks – The Ford F-150, Chevy Silverado and Ram trucks in that order. Toyota’s Camry remains the top selling car. Ram is the official truck of the Macy’s Thanksgiving Day parade which means it will be towing a lot of floats.
Among Fortune magazine’s predictions for the New Year is that Apple will buy Tesla. Fortune said Apple can afford it to jump start its move to build an electric car.