Auto News for Aug. 4 – Detroit News – 2019 for the mid-engine Corvette!

Citing multiple sources, the Detroit News reported that we will see a mid-engine Corvette in early 2019, the most radical change in the sports car’s long history. Those same sources told reporters Henry Payne and Melissa Burden that this will eventually will be the only model in the Corvette lineup. It is expected to cost substantially more than the current front engine, rear drive model that will remain in production through 2012, sources said. Thus, GM would take on the Acura NSX, Porsche 918, and Ford GT, among others. Sometime in the future, this should make for one very interesting comparison test! Lots of tire smoke! GM is not commenting publically on the report.

The 1996 Honda Accord and the ’98 Civic are the most stolen cars in this country according to a new report from the National Insurance Crime Bureau. They were followed by two full size pickups, the 2006 Ford and the 2004 Chevy. Rounding out the top five was the 2014 Toyota Camry.

The most stolen 2015 models were the Nissan Altima, Chrysler 200, Toyota Camry and Corolla and the GMC Sierra.

“While older vehicles still dominate our Hot Wheels most stolen list, the number of late model vehicles with anti-theft protection on the list goes to show that technology isn’t foolproof,” said NICB President and CEO Joe Wehrle. “Criminals are doing their best to defeat anti-theft technology through hacking and other means while, at the same time, manufacturers and others are working to improve security.

“Far too often, drivers leave their vehicles unlocked or with the keys inside, making it way too easy for an opportunistic thief. And as we noted recently, many stolen cars are not reported as typical thefts to police because many of today’s thefts are financial crimes involving complicated VIN switching, cloning, straw buyers, illegal exports and other sophisticated criminal methods.”

Ford is issuing a regional safety recall in North America for approximately 830,000 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, and 2014-16 Ford Transit Connect vehicles sold in certain states to replace side door latches. A spring tab in the side door latch could break preventing the door from latching. In certain situations where the door is able to be closed, the door may unlatch while driving, increasing the risk of injury. Because the rate of reports is higher for vehicles in states with higher ambient temperatures and solar loading, this recall is focused primarily in Alabama, Arkansas, Arizona, California, Florida, Georgia, Hawaii, Louisiana, Mississippi, New Mexico, Nevada, Oklahoma, Texas, Utah, Oregon and Washington.

Toyota said first quarter profit fell 14.5 percent due to unfavorable currency rates, due to the strong yen. That offset an increase in global sales, but here in the U.S. first quarter sales were lower by 13,429 vehicles. The company reduced its projections for full year results.

Tesla has reported a quarterly loss of $1.06 cents a share and that is well above the loss of 52 cents a share that many analysts were expecting. But the company said it is on track to produce a promised 50,000 vehicles in the latter stages of this year, and that also should catch the attention of investors. They are also focusing on the upcoming and lower priced Model 3 sedan that Tesla may begin assembling later this year. It will be followed at some point by the Model Y, a small crossover.

 

 

 

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