The new Volkswagen T-Roc R is now available to order in the UK, with prices starting from £38,450. Standard equipment includes white paint, 19in alloy wheels and Volkswagen’s latest virtual cockpit system. Other colours are available from £360-£1075, while a leather and carbonfibre interior package can be equipped for an additional £2155, and an Akrapavoic sports exhaust system for £3000. First revealed at the Geneva motor show in March, the T-Roc R looks set to become one of the major players in the burgeoning performance crossover market. It is as closely related to the Golf R as lesser versions are to the regular Golf, sharing the same powertrain and base suspension components. That means it has the VW Group’s EA888 2.0-litre turbocharged petrol engine – now fitted with a particulate filter and in 296bhp tune – part-time Haldex-based all-wheel drive and a seven-speed dual-clutch gearbox. Volkswagen claims a 4.9sec 0-62mph time – 0.3sec slower than the Golf R but 0.3sec quicker than the Cupra Ateca – and a governed 155mph top speed. Despite a close hardware relationship with the Cupra – and the Audi SQ2 – settings are unique for each car. Although it sits higher than the Golf, the T-Roc R is 20mm closer to the ground than the standard T-Roc thanks to lower suspension and firmer settings. Passive dampers are standard but VW’s dynamic chassis control system can be specified for £695. The T-Roc R gets 18in wheels as standard, with 19s as an upgrade option. All versions have the beefy 17in brakes from the Golf R Performance. Other visual changes include chunkier bumpers, an anodised finish for the radiator grille, matt chrome mirror caps and R badges. The cabin gets some carbonfibre trim and a sportier steering wheel, plus the option of the Golf R’s sport seats. QA with Jost Capito, R division boss What are the fundamentals of the R brand? “It is all-wheel drive, it is sporty and – after discussions with customers in a lot of countries – we know they want to see cars around 300 horsepower. People say why not go higher, but we need to hit a certain price, a sweet spot: we sell more than 20,000 Golf Rs a year.” How do you stop confusion with GTI models? “Firstly, they have two-wheel drive, but also they are more extreme. The R models have to be less racy, but with the same capability or even more. They always have more horsepower but are more about everyday usage. A TCR or Clubsport is much more aggressive. The GTI is in Up, Polo and Golf – and we are saying that R is starting with Golf.” So will there be several other R models? “The task I’ve been given is to make R to Volkswagen what M is for BMW. That means different positioning from just having a Golf R. There will be a wider spread. For the future, the Golf and T-Roc will not be the only ones, that’s for
Origin: Volkswagen T-Roc R: hot compact SUV on sale from £38,450
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Tesla exempt from China’s new 10-per-cent car sales tax
Elon Musk with Shanghai mayor Ying Yong at the groundbreaking of Teslas first Chinese plantSupplied / Getty Images Tesla won exemption from a 10-per-cent Chinese tax on automotive sales, sidestepping trade tensions with the U.S. following CEO Elon Musks visit to the country.The exemption, which typically is reserved for domestic makers of electric vehicles, affects all Tesla models sold in China, the nations industry ministry said Friday on its website.Chinas concession to one of Americas most high-profile companies comes amid heightened uncertainty as to where the trade war between the two countries is headed. A week ago, President Donald Trump ordered U.S. companies to immediately begin looking for alternatives to China, only to later suggest that tensions were cooling.During a two-day visit, Musk made an appearance at the World Artificial Intelligence Conference in Shanghai, debating Alibaba Group Chairman Jack Ma onstage.He also spoke with local authorities and toured a new gigafactory being built about 70 kilometers away from the city center. That was followed by a meeting with Chinas Minister of Transportation, Li Xiaopeng, on Friday in Beijing, according to government news reports.The sales-tax reprieve could partially offset retaliatory tariffs that may be put on Teslas and other U.S.-built cars later this year. China announced last week that it would increase tariffs on American autos by 25 percentage points to 40 per cent on December 15, in reaction to new levies the Trump administration plans on Chinese exports. Analysts at Evercore ISI estimate that Tesla will incur US$620 million in incremental cost if the higher duties are imposed.Tesla currently imports all of the cars it sells in China but plans to make the Model 3, its best-selling vehicle, at the new plant starting late this year. The company on Friday raised prices in China as trade tensions weigh on the countrys
Origin: Tesla exempt from China’s new 10-per-cent car sales tax
New Mercedes-AMG CLA 45 Shooting Brake available from £53,370
The renewal of Mercedes-AMG’s compact car line-up has continued with the arrival of the new CLA 45 4Matic Shooting Brake. The estate version of the A45 S 4Matic+ hyper hatch is available to order in the UK now, priced from £53,370 – a £3000 premium over the hatchback. Standard equipment, as with the hatch and coupé, includes 19in five-spoke alloys, keyless entry, heated front seats, a performance steering wheel and a pair of 10.25in screens. Range-topping Plus trim adds a downforce-enhancing aero package, multibeam LED headlights, forged alloy wheels and leather upholstery. The coupé-cum-estate is the third AMG model to get the company’s new 2.0-litre turbo four-cylinder petrol engine, after the recently revealed A45 4Matic hatchback and CLA 45 4Matic saloon. A development of the first-generation’s M133 unit, the new M139 2.0-litre turbo engine will be offered in two states of tune. The UK will only offer the more powerful iteration, the range-topping CLA 45 S 4Matic+ Shooting Brake. It develops 39bhp and 18lb ft more than its predecessor at a class-leading 415bhp and 369lb ft. As with the A45 4Matic and CLA 45 4Matic, drive is channelled through an eight-speed dual-clutch automatic gearbox, with shift paddles mounted on the steering wheel. A reconfigured Haldex-style multi-plate-clutch four-wheel-drive system features a Torque Control mechanism that uses two clutches to apportion power individually to each rear wheel. The changes to the four-wheel-drive system have allowed AMG to give the new model a Drift mode function. It’s accessed through a revised Dynamic Select system that offers up to six driving modes, including Slippery, Comfort, Sport, Sport+ and Race. Mercedes-AMG claims a 0-62mph time of 4.1sec for the CLA 45 4Matic Shooting Brake and 4.0sec for the S version. The top speed is artificially limited to 155mph, although customers can choose to raise it to 168mph via an optional Driver’s Package. The CLA 45 4Matic Shooting Brake adopts the same stylistic changes as the new CLA 45 4Matic saloon. Included is an AMG-specific Panamericana-style grille with vertical slats, a more heavily structured front bumper and wider front wings housing a broader front track than that used by standard CLA models. At the rear, the new AMG model adopts a larger spoiler above its tailgate as well as a redesigned rear bumper that features an integral diffuser. With a tailgate opening that’s 236mm wider, at 871mm, and 10 litres more boot capacity, at 505 litres, the new CLA 45 4Matic Shooting Brake is claimed to have not only improved performance potential but also a boost in practicality over the model it
Origin: New Mercedes-AMG CLA 45 Shooting Brake available from £53,370
China tariffs will add 25 per cent to cars imported from U.S.
US President Donald Trump speaks with reporters as he departs the White House, in Washington, DC, on June 2, 2019.Jim Watson / Getty Images China on Friday announced tariff hikes on US$75 billion of U.S. products in retaliation for President Donald Trumps latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced.Tariffs of 10 per cent and 5 per cent will take effect on two batches of goods on September 1 and December 15, the ministry said in a statement. It gave no details of what goods would be affected but the timing matches Trumps planned duty hikes.A separate statement said tariffs of 25 per cent and 5 per cent would be imposed on U.S.-made autos and auto parts on December 15. Beijing announced that increase last year but suspended it after Trump and his Chinese counterpart, President Xi Jinping, agreed at a meeting in December in Argentina to put off further trade action while they negotiated.Trump and Xi agreed in June to resume negotiations. But talks in Shanghai in July ended with no indication of progress. Negotiators talked by phone this month and are due to meet again in Washington next month. BMW, Tesla, Ford and Mercedes-Benz are likely to be the hardest hit by the Chinese auto tariffs. In 2018, BMW exported about 87,000 luxury SUVs to China from a plant near Spartanburg, South Carolina. It exports more vehicles to China than any other U.S. auto plant.Together, Ford, BMW, Mercedes and others exported about 164,000 vehicles to China from the U.S. in 2018, according to the Center for Automotive Research, a think tank in Ann Arbor, Michigan. Most of them are luxury cars and SUVs with higher profit margins that can cover higher U.S. wages. The exports are down from about 262,000 in 2017.Tesla, which is building a plant in China, last year got about 12 per cent of its revenue by exporting about 14,300 electric cars and SUVs from California to China, according to Barclays. Most of Fords exports are from the Lincoln luxury brand, but most of the vehicles it sells in China are made in joint-venture
Origin: China tariffs will add 25 per cent to cars imported from U.S.
New Hyundai Kona Hybrid to start from £22,495
The new Hyundai Kona Hybrid will be priced from £22,495 when it goes on sale in the UK near the end of September. The latest version of the Korean firm’s compact SUV, which joins the existing petrol, diesel and fully electric models, will be offered in three trim levels, all of which will use the same 1.6-litre petrol-electric powertrain. That unit, taken from Kia’s larger Niro, uses a 1.6-litre naturally aspirated petrol engine, making 104bhp on its own, mated to a 43bhp electric motor also powering the front wheels. Both are linked through a six-speed dual-clutch auotmatic gearbox and a small (1.56kWh) lithium ion battery that recharges through coasting and braking. Total system output is 139bhp, with a combined torque figure of 195lb ft. That’s sufficient for a 0-62mph time of 11.2sec on the smallest wheel size, and a maximum speed of just under 100mph. The hybrid is considerably more frugal on paper than the normal petrol equivalents, managing a claimed 72mpg (66mpg on 18in wheels) and CO2 emissions of 90g/km (99g/km on 18in wheels). For comparison, Hyundai claims the base 1.0 T-GDI petrol engine manages 54.3mpg combined. Entry-level Kona Hybrid SE models feature climate control, 16in wheels with a design bespoke to the hybrid version, special badges and unique white accents on the air vents and gear level. There is a 7in touchscreen with Apple CarPlay and Android Auto connectivity, rear parking sensors and camera and lane-keeping assist. The mid-level Kona Hybrid Premium starts at £24,295, and additions include 18in wheels, a 10.25in touchscreen, Krell sound system, keyless entry, privacy glass, wireless smartphone charging. The top Premium SE trim level is priced from £27,195 and includes the likes of LED front and rear lights, standard autonomous emergency braking, heated and ventilated leather seats, and a head-up display. All three trim levels are available with different versions of Hyundai’s SmartSense safety packs as options. The £22,495 starting price for the Kona Hybrid compares to £17,305 for the petrol, and £27,250 for the electric
Origin: New Hyundai Kona Hybrid to start from £22,495
Exploding Kona EV in Montreal prompts investigation from Hyundai
Hyundai Canada is launching a probe to uncover what happened after a Kona EV allegedly caught fire and exploded in a residential garage in Montreal.According to CBC, Piero Cosentino first notice something was wrong when dark clouds of smoke started coming from his garage.As soon as I saw that, I immediately turned off the breaker, he said.Seconds later the vehicle exploded, launching the garage door across the street and blowing a big hole in the roof of his garage. If we were in front of the garage door, we could have been in the hospital, he said.https://twitter.com/MWagnerRC/status/1154914693917679623?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1154914693917679623ref_url=https%3A%2F%2Fcanada.autonews.com%2Fautomakers%2Fhyundai-canada-probing-case-kona-ev-allegedly-explodedCosentino says the car wasnt charging and wasnt plugged into the wall. Hyundai says they are now in contact with Cosentino about the incident.We are working with authorities and fire investigators in Montreal to understand the root cause of the incident, as this is not yet known. As is always the case, the safety of our customers is our first priority and we will push to fully understand the issue as quickly as possible, spokesperson Jean-Franois Taylor told Automotive News Canada in an email. Transport Canada is now involved, but wont release any information about whether the vehicle was plugged in or not.Electric vehicles apparently do not have an increased risk of explosions according to the NHTSA, but the lithium batteries can be dangerous if damaged, and there have been multiple reports of Tesla, Mitsubishi and Chrysler vehicles going up in
Origin: Exploding Kona EV in Montreal prompts investigation from Hyundai
Used car guide: the best second-hand Bentleys from £8000
One of the more implausible stunts I managed to pull off was back in 2005 when I took a brand-new Bentley Flying Spur to the Nardo test track to find its true top speed. Bentley had said 195mph for the 552bhp, 2.5-tonne monster, but I knew it was always conservative with such claims. Could it go faster? Could it, whisper it, do 200mph? So what I should have done is just gone round the track as fast as I could go and see what number came up on the GPS. But that was far too easy and insufficiently Bentley. So when I headed up onto the track it was with four people on board, air conditioning on, front and rear seat coolers refrigerating our nether regions and the two in the back pretending to read newspapers. With an all-up weight of nearly three tonnes, the fact that above 150mph the Nardo bowl turns into one endless tyre-scrubbing, speed-sapping corner and a 36.5deg C ambient temperature, could it possibly do 200mph? It could, and also 201, 202 and all the way up to 208mph, too. And even then it only stop accelerating because I hit the rev-limiter in top gear. It seems not so much faintly implausible as utterly ludicrous that such performance is now available to anyone with the price of a new Ford Fiesta in their pockets. But that’s the way it is: early, high-mileage but still clean-and-tidy Spurs can be bought for around £15,000 – or about £100,000 less than when they were new. And here’s the thing: back then, the Spur was actually a better car than the Continental GT coupé from which it was derived. When new, the Conti had two problems that degraded its credibility as a super sporting GT: it was far too heavy and didn’t sound nearly distinctive enough. But what were flaws in the GT were attributes in the Spur: that heft gave it the primary ride characteristics you’d want from a large and imposing luxury saloon, even if the secondary ride was never as good as it should have been. And the engine? Its dulled tones were so much less important in such a car; indeed, its quiet voice was a positive bonus. And the rest was fabulous. When new, it was more powerful than the most powerful Ferrari on sale. Despite its size and weight, it would pop sub-5.0sec 0-60mph times and this, remember, is not the still more gutsy ‘Speed’ version we’re talking about, just the everyday standard product. Why are they so cheap today? Luxury saloons aren’t cool and never have been. Almost all made in reasonable numbers plummet in value and just because this one is a Bentley does not make it an exception. That, coupled with the fact that Bentley oversupplied the market with cars in the early years. But there’s nothing wrong with the car itself. They didn’t just look built to last, they really were, and come with remarkably few horror stories. The engines and transmissions are fairly bombproof if properly maintained, and a Spur will tolerate years of being taken for granted without turning into a sloppy, creaking and rattling shadow of its former self. A Spur is not for everyone and, even it’s for you, the usual caveats about known provenance and service history stand. But the very fact such a superbly crafted, astonishingly fast and amazingly robust car is available for so little money has to be good news; the added fact that it also happens to be a Bentley is perhaps what’s most incredible of all. Here’s some more flying B-badged gems you could pick from the classifieds: The second-generation Azure may look a bit old hat with its land-yacht proportions and breeze-block styling. However, there are bits of carbonfibre in its construction (a first for a road-going Bentley) and it’s got a top speed of 174mph – provided that the roof is up. It’s rare, mind, with prices starting at £100,000. Turbo R (1985-1999): They might have been opulent, but the Rolls-derived Bentleys weren’t known for their sporting performance. Enter the turbocharged Mulsanne with formidable straight-line speed and, later, the magnificent Turbo R with a beefed-up suspension for more amiable cornering. Prices start at £10k and work up to £40k for the later ones. Mark VI (1946-1952): The 1946 Mk VI was a huge commercial success and Bentley enthusiasts loved them for the density of their engineering. It was the first complete car built at the Crewe factory, and so impressive that most customers went for the standard steel factory bodies rather than a coachbuilt one. Watch for rust, though, and you’ll need between £25k and £75k for one now. Brooklands (1993-1998; 2008-2011): Confusingly, there were two cars called Brooklands: one was a four-door 1990s saloon that offered nearly everything you could get from the Turbo R without, initially, the turbo; the second was an immense two-door, four-seat pillarless coupé (above) that shared much with the Arnage and the drop-top Azure. Buy the four-door for as little as £8k and the coupé for at least £100k more. Born out of a need to show the Mercedes rivals what for,
Origin: Used car guide: the best second-hand Bentleys from £8000
The test of time: the best cars from the Autocar team’s birth-years
Can you stop doing this, please?” requested colleague and friend Richard Bremner. He’s got a point. This is the second feature in a year that has involved Bremner and I getting together with some of the younger members of the Autocar team and some iconic cars of varying vintage. It’s fun but it does make us feel rather ancient. So here we are again. The challenge this time is for half a dozen of us, representing a broad sweep of ages on the magazine, to choose our favourite from cars that were launched in the year we were born. You can now appreciate Bremner’s anxiety, not least because he’s the oldest. As you will read, the exercise has brought together a truly fascinating line-up of cars; a group so varied that they would be unlikely to appear together in a feature in a classic car magazine. They’re from a wide range of years, too. Bremner starts us off in 1958, followed soon after by me in 1962 and stretching right up to Simon Davis, who the stork deposited on the earth in 1993. In between, we have Matt Prior in 1975, Matt Saunders in 1981 and Mark Tisshaw in 1989. The cars are interesting in their own right, but they also mark moments in time and put into context the companies and industry that produced them. My choice, as you’ll see, and Tisshaw’s, are extremely closely linked despite being 27 years apart in age. Prior’s and Saunders’ cars also narrate a telling tale about the British motor industry, straddling the old world and foreshadowing the new one. Who out of the six was born in the best year for cars? We’ll be tackling that thorny one, but I’ll tell you right now: from memory and from checking on Wikipedia, I can’t see how Saunders will be able to put forward a case for 1981. So follow us on this journey back to the crib. I’ll wager that all of you will be poring over the list of cars launched in the year of your birth to see if you’re from a vintage year or one in which the grapes died on the vine. Richard Bremner – 1964 Aston Martin DB4 Quite surprisingly, the DB4 is the best-known new car that 1958 produced. Well, almost – it’s the succeeding but largely identical DB5 that’s familiar throughout much of the world as the Aston Martin of James Bond. But there would have been no inkling of this at the time. Only 1110 DB4s were produced, the car’s price ensuring it a rarefied clientele and infrequent sightings for the rest of us. Miles certainly aren’t drawn out in a DB4. This coupé had 240bhp to deploy 61 years ago – massive, compared with the 37bhp of a Morris Minor 1000. Not that sterile statistics make it my choice among the class of ’58. Rather obviously, it’s the exquisite beauty of its superleggera aluminium skin that makes this the irresistible fantasy choice. Designed by coachbuilders Touring of Milan, its complex construction consisted of a steel chassis, a tubular steel framework from which were hung hand-wrought aluminium panels that with rain and time provide an expensive demonstration of electrolytic corrosion. But the alloy panels also reduced the Aston’s weight, its 1311kg not so bad given the size and the heft of the twin-cam six-cylinder lying beneath its letterbox-scooped bonnet. In the unlikely event that you tire of admiring the DB4’s just-so lines, opening the bonnet also presents you with a beautifully sculpted cluster of machinery. The low walls of the cam covers that house neatly arrayed spark plug leads, the bell-shaped domes of the twin SU carburettors and the absence of plastic mouldings make this a sight to admire even if you don’t understand the combustive forces that occur within. When it was new, those forces were sufficient to thrust the elegant nose past 60mph in 9.0sec. Slightly disappointing today, perhaps, if scaldingly fast compared with a Minor 1000. Many of these earliest of DB4s – the Series 1 you see here the first of five mild evolutions – have had their cylinder blocks bored out of necessity, the pistons and liners required to renew them unavailable for decades. The only solution was to expand the engine to 4.2 litres, yielding 280 horsepower, and of more believable strength than the original 240bhp. More realistic, says this car’s owner Bryan Smart, is 215bhp. Despite his installing a longer-legged axle ratio to counter the lack of overdrive, this DB4 bounds away, and will quite effortlessly travel at 30mph in first should you need it. That makes it more than able to keep up with, and outpace, many moderns, providing you master a gearchange that requires a sometimes brutally firm hand to gift first gear. The rest submit more easily, and with rewardingly mechanical engagement once their oils are warmed. The chassis sometimes feels quite mechanical too, from the resistant heavy steering to a suspension prone to sudden, vintage jerks and geometry that allows topography-induced wander. So you need to pay attention. Paying attention to curves and throttle brings reward too, the Aston’s urge to run wide snuffed out
Origin: The test of time: the best cars from the Autocar team’s birth-years
10 curious storylines to watch from 2019’s first half of Canadian auto sales
This weeks hot Unhaggle deal includes the Ford F-150, GMC Sierra and Ram 1500.Handout / Ford / GMC / Ram Canadian auto sales are down. In fact, Canadian auto sales have been in decline since the early spring of last year, failing to match the prior-year totals in 16 consecutive months.The story is becoming all too familiar; the headlines too easy to write. Automobile manufacturers cant seem to quit the passenger car business fast enough and cant open new SUV assembly plants with any more haste. Premium marques, via products such as the Mercedes-Benz A-Class and Lexus UX, are diving downmarket in the hopes of sustaining the last decades conspicuous march into the mainstream. Last years top sellers are this years top sellers. And then theres the unpredictable Tesla, with meaningful volume and a future always in question.Those are the main themes. But in a market thats lost more than 5 percent of its volume through the first half of the year, weve sorted through the numbers to find 10 stories that fill in the blanks. In search of a measure of nuance, these 10 tales are the details well want to look back on in six months time to see how 2019 really turned out.Top Trucks TumbleIn the highly competitive full-size pickup truck arena, the fact that the Ford F-150 hasnt been fully redesigned since the 2015 model year should, theoretically, bode well for freshly redesigned rivals. The Ram 1500, GMC Sierra, and Chevrolet Silverado were all new for the 2019 model year. Yet in a gradually shrinking pickup truck market, Fords full-size pickup truck sales are up 4 percent this year, while the second, third, and fourth-ranked trucks from Ram, GMC, and Chevrolet are sliding. And theyre sliding quite noticeably. The F-Series top challengers are collectively down by more than 7,000 sales so far this year.The Detroit RiverOnce known as The Big Three and now more clearly as The Detroit Three (irrespective of brand origin), General Motors, Ford Motor Company, and Fiat Chrysler Automobiles produced only 41 percent of all auto sales in Canada during 2019s first six months. Thats down from 43 percent at this stage of 2018, its worse than the market share produced by the trio during the last major recession of a decade ago, and its a far cry from the 53 percent share attributed to the Detroit Three as recently as 2007.Car QuintetThe fact that cars traditional passenger cars the likes of which more than half of all buyers opted for a decade ago are struggling is not news. Barely more than one-quarter of all automobile purchases ends up as a car acquisition. But what amplifies the degree to which cars are now so wholly rejected is the decline of Canadas most popular cars. Through the first half of 2019, Canadas five best-selling cars (Honda Civic, Toyota Corolla, Hyundai Elantra, Mazda3, Volkswagen Golf) are all selling less often than they did a year ago. In fact, the quintet has combined to lose nearly 10,000 sales compared with a year ago.Homegrown SUVsBoth of Canadas two best-selling cars are built right here in Canada. The same can be said in the SUV/crossover sector. The difference, however, is the level of success encountered by Canadian-made SUVs; not just the number one Toyota RAV4 and number two Honda CR-V but by other Canadian-assembled utility vehicles, as well. The RAV4, CR-V, and Ford Edge all rank inside the top 10. Together with the Chevrolet Equinox, Lexus RX, Ford Flex, Lincoln Nautilus, and Lincoln MKT, Canadian-made SUVs account for nearly one-fifth of the SUV market.Monotonous Minivan MinimizingShoppers that in times past were automatically destined to drive away from a new car dealer in a minivan are, just like passenger car buyers, increasingly destined to buy a new three-row crossover. This isnt a new phenomenon, but the rate at which Canadas five-strong minivan lineup is collapsing is now solidly in nosedive mode. Minivan volume plunged 19 percent in calendar year 2018; minivans are down 18 percent this year. That takes these monobox people carriers down to just 3.5 percent of the market. Aside from an uptick in sales of the Kia Sedona (which accounts for less than one-tenth of the segment), each nameplate in the segment is in decline. The Chrysler Pacifica, Dodge Grand Caravan, and Honda Odyssey are all down by double-digit percentage losses compared with 2018.Vorsprung Durch OffspringIn Audis showrooms, the student has become the teacher. Audis A4 lineup goes back generations, all the way to the mid-90s B5 generation of which nearly 1.7 million were built. In 2007, the A4 made possible an Audi coupe/convertible range called the A5. As time wore on, it became clear that the two-door market was evolving. Thus, the launch of the second-generation A5 spawned a direct A4 rival called the A5 Sportback, a liftback four-door A5 that, as it turns out, helps to make the A5 far more popular than ever. In fact, the car that Audi spun off from the A4 to incrementally add premium passenger car sales is now
Origin: 10 curious storylines to watch from 2019’s first half of Canadian auto sales
Ontario writes off $445 million in old Chrysler debt from bailout
Fiat Chrysler, Ford and GM all saw steady gains in Canadian auto sales through September. Ontario has written off $445 million as uncollectable debt from Chrysler, following the 2009 automaker bailout. The federal and provincial governments loaned billions to Chrysler to rescue the company and save thousands of jobs during the recession.Ottawa wrote off $2.6 billion last year that it wouldnt collect from Chrysler, and a spokeswoman for Ontario Finance Minister Rod Phillips says once that happened, the province had no legal recourse to recover outstanding money.Ontario loaned the company nearly $1 billion but it since restructured the new company FCA Canada (Fiat Chrysler) says it repaid all of its loan, with interest, six years ahead of schedule.But the other part of the former company, Old Carco, has been in bankruptcy since then and its debt is unrecoverable.The $445 million Ontario write-off forms the bulk of the governments annual write-off of $607 million for last
Origin: Ontario writes off $445 million in old Chrysler debt from bailout