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Lancia to cancel top-of-the-line Thesis this year?

You'd be forgiven for not knowing much about the Lancia Thesis. Or perhaps mistaking it for something like a SsangYong. The range-topping luxosedan from Fiat's quirky cousin was never sold in North America, and even in the European market has remained something of an anomaly. We had a chance to ride in one on the way to the airport after driving the Alfa MiTo in Italy and were generally impressed, but with its homely, oddball styling and less-reputed badge, it never really stood a chance against class-leaders like the Mercedes E-Class, BMW 5 Series or Audi A6. Now, after less than seven years on the market, Fiat is reportedly set to pull the plug. As it is, the Thesis is only made on demand, which has been relatively ( and understandably) low. Until the introduction of the Maserati Quattroporte in 2004, the Thesis was the largest and most luxurious sedan in the Fiat Group portfolio, but with dismal sales amidst difficult economic times, the Italian auto giant can no longer justify its continued production. Despite having no replacement in the pipeline, Fiat CEO Sergio Marchionne reportedly announced the model's discontinuation for this past year, but production is now tipped to drag out until the Spring. The Lancia Thesis may have its small cadre of fans, but by and large it's not likely to be especially missed as it rolls towards the sunset.
posted : 1/5/2009 @10:06:14 PM

Banzai burned? Honda  reportedly kills confirms NSX is DOA

Amidst a troubled global economy, Honda is actively scaling back its operations, and its performance programs are sadly bearing the brunt. After canceling its participation in Formula One and the AMA motorbike road racing series, the Japanese automaker has reportedly announced that it is nixing development of the next-generation NSX supercar. The unfortunate news will undoubtedly come as a stunning disappointment for the loyal legions of Honda/Acura sportscar fans. The new NSX, which looked to be nearing the end of its development on the road to production, was slated to be the most powerful car ever made by Honda, driven by an anticipated 560-horsepower V10.

According to Autocar, the goal-line audible came from none other than Takeo Fukui, Honda's CEO, who dropped the bombshell as part of a end-of-year speech to the troops. The news also means that Honda is suspending plans to finally bring the Acura nameplate to Japan, and it also calls into doubt the fate of the V10 engine itself, as well as any long-rumored V8 powertrains. Honda hasn't ruled out the possibility of picking up where it left off once business is back in order, but in the meantime the original NSX, which ceased production in 2005 after fifteen years on the market, will have to remain without an heir.

posted : 12/22/2008 @9:16:41 PM

Officially official: Subaru leaving World Rally Championship

Rally fans who were troubled by the rumors yesterday that Subaru was preparing to do the unthinkable and scrap its WRC team will be disappointed to learn that the speculation has proven to be true, as parent company Fuji Heavy Industries has announced it is pulling its participation effective immediately.

Not unlike its fellow Japanese automaker Honda, which has canceled its Formula One program, Fuji Heavy points to cost-cutting measures amidst the current global economic crisis as its reason for canceling its motorsport program. Still, it's a shocking move for the automaker that earned its reputation on the rally circuit, even if they haven't won a single stage since 2005. The move also means that Prodrive, the racing consultancy firm that has operated the Subaru WRC team for over 20 years, will need to find a new partner for next season and beyond as the WRC moves ahead with new regulations. But Prodrive may find the rally circuit a lonely place after Suzuki also canceled its participation, leaving Ford and Citroen as the only manufacturers fielding factory teams in the top level of rallying.

posted : 12/22/2008 @8:57:38 PM
NBC passes on Top Gear USA, show going to cable

According to the Colonial arm of Top Gear's website, the U.S. version of everyone's favorite motoring show has been passed up by NBC. The report doesn't go into any detail about why the Peacock people said, "Thanks. But no thanks" to the show, but the BBC is supposedly actively pursuing a cable network to air the series. We're tapping our sources inside Top Gear, NBC and the assorted media to get the full story, so stay tuned.
posted : 12/22/2008 @7:19:29 PM
Ford Taurus X to ride off into the sunset in February

When the Freestyle failed to capture the attention of the crossover-buying public, Ford took action. Designers slapped a three bar grille on the front end, got creative with the headlights and upped the power with a Duratec 3.5L V6 engine. And they changed the Freestyle's name to the Taurus X. Well, either nobody noticed or they just didn't give a damn. Ford is finally set to end the roomy crossover's misery in February 2009 when the last model is built at Ford's Chicago plant. Ford cited in a brief release that ditching the Taurus X will enable the Dearborn-based automaker to focus its attention on the seven-passenger Flex. Since the Flex is both cooler and better than the Taurus X in every way, we'd say that was a good call. Farewell, Taurus X. We'll miss your, uh...13 cup holders.
posted : 12/5/2008 @5:09:55 PM
Chrysler dropping AWD on Avenger, Sebring and Caliber

If you didn't know all-wheel drive was an available option for the Dodge Avenger, Chrysler Sebring and Dodge Caliber, you're not alone. Only 1.5% of Avenger buyers checked the AWD option box, and the Sebring take rate was an abysmal .7%. The Caliber fared only slightly better at 4.4% for the 2008 model, but that's not nearly enough to keep Chrysler from canceling the option for the 2009 model year. AWD was fast becoming a mainstream option when those models were being developed, but the ability to move all four wheels at once drives down fuel economy. The MSRP goes up, too, and Chrysler and Dodge dealers are having enough trouble selling less expensive base models, much less a $35,000 Sebring with AWD. While Chrysler may be struggling to sell AWD as an option on its cars, Ford is reporting take rates of up to 20% for the option on the Ford Fusion and Mercury Milan. The Blue Oval says AWD is popular in northern climes, and it probably helps that the automaker actually advertises its midsize offerings' AWD capability. Chrysler is quick to point out that its Borg Warner-sourced AWD system isn't the problem, though, as it's also available on the Dodge Journey, which has a 20% take rate for AWD.
posted : 10/21/2008 @7:44:48 PM

2009 French Grand Prix cancelled

The French are getting screwed out of their Formula One fix. A little over a week after French Canadians began mourning the Canadian Grand Prix's cancellation from the 2009 F1 calendar, word comes that the French Grand Prix has also been nixed. The GP's promoter, the Federation du Sport Automobile (FFSA), announced the race's cancellation yesterday and blamed it on finances, though we find it hard to believe that even an F1 race in Europe can't make money in these tough economic times. With the race at Circut de Nevers Magny-Cours scrapped, the 2009 F1 calendar has now been whittled down to just 17 races. The French GP began in 1906, and has run continuously since 1950 except for 1955 when it was cancelled after a horrible accident at the 24 Hours of Le Mans. This year's cancellation is not expected to be permanent, however, as the FFSA loses its promotion rights in 2010, and F1 chief Bernie Ecclestone has expressed his wish to see it moved from the Magny-Cours track, where it's been held since 1991, to somewhere closer to Paris.

posted : 10/17/2008 @5:23:39 PM
GM on Corvette ZR1 cancellation rumor: "Not true."

The rumormill is a funny thing, and sometimes it can run amok. This appears to be one of those times. The DigitalCorvettes.com forum posted a note earlier this evening saying that Corvette ZR1 production has been halted (Bowling Green is shut down this week, so no Vettes are being built at the moment) and suggesting that the ZR1 may be cancelled. A post on dealer Rick "Corvette" Conti's blog, linked in the referenced DigitalCorvettes thread, added to the intrigue. Autoblog has contacted GM's Terry Rhadigan, who handles global communications for the Chevrolet brand. We presented the DigitalCorvettes link and asked for an official response. His was very clear:"Not true."
posted : 10/13/2008 @10:55:13 PM
Au revoir, Montréal: FIA cancels Canadian GP for 2009

Everyone's surprised as the FIA has announced it is canceling the Canadian Grand Prix. Those in the world of F1 racing have come to know the event as a staple of the F1 calendar. Racing fans in Montreal, this writer's home town that has hosted the race for the past three decades, are shocked to lose the event. And that includes the race organizers, who apparently learned of the news the same way the rest of us have. The cancellation of the race leaves a month-long gap in the race calendar in August of next season, and with the U.S. Grand Prix off the schedule the past few years, means F1 will stay completely out of North America. And save for the Brazilian Grand Prix, out of the Western Hemisphere altogether. But the trip across the Atlantic for the one race cost the teams dearly, and the sport's organizers have been on a crusade to cut costs. No doubt the officials at le Circuit Gilles Villeneuve will be burning up the phone lines to Formula One Management and the FIA, and organizers in far-flung Rio de Janeiro and Melbourne will be waiting for the proverbial other shoe to drop.
posted : 10/13/2008 @10:49:25 PM
Chevy to temporarily halt Vette production due to economy

It's been more than a decade since the "recession-proof" Chevrolet Corvette had to endure a production cut due to excess dealer inventory, but that's apparently the case once again. Citing slow sales related to the ongoing automotive recession, GM will turn off the Corvette's factory lights during the week of October 6th. When Vette assembly resumes the following week, production will be scaled back to 15 cars per hour (normal speed is 18.5 cars per hour). Unfortunately, GM says layoffs will accompany the new schedule at the Bowling Green facility, with up to 75 workers losing their jobs. While surprising, the news isn't entirely unexpected. Corvette sales were down 8.5 percent for the year through August of 2008. They only rebounded after GM included the model in its employee pricing sale... and we all know a shot in the arm like that won't hold out over time.
posted : 9/23/2008 @11:15:49 PM
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