AD #2124 – VW Emission Scandal Deepens, U.S. Diesel Market Continues to Grow, Buick LaCrosse Gets Mild Hybrid

June 6th, 2017 at 11:59am

Runtime: 7:17

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- German Authorities Investigate Audi & Porsche
- U.S. Diesel Market Continues to Grow
- China Could Halt Special EV Permits
- Toyota Sells Off Stake in Tesla
- Top Companies Ranked by 2016 Patents
- Buick LaCrosse Gets a Mild Hybrid
- Acceptance the Biggest Hurdle for Autonomy?

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12 Comments to “AD #2124 – VW Emission Scandal Deepens, U.S. Diesel Market Continues to Grow, Buick LaCrosse Gets Mild Hybrid”

  1. Wim van Acker Says:

    Sean: TOYOTA DROPS STAKE IN TESLA: “a 3% stake in the EV maker worth around $50 million”

    How do you get at that number, Sean?

    Here is my number: Tesla’s market capitalization is right now $59.91 billion, so a 3% share is worth $1.8 billion, not $50 million.

  2. Barry Rector Says:

    John,

    What’s the untold story for Toyota selling their stock in Tesla? Would love to hear your take.
    Thanks!

  3. Wim van Acker Says:

    @2: I am aware you asked John’s opinion and not mine.

    But … :o n June 30, 2010 “TMC has agreed to purchase $50 million of Tesla’s common stock issued in a private placement” Source: press release. So Toyota could make a $1.75 billion profit on a $50 million investment. What would you do if you would be in their situation?

  4. Sean McElroy Says:

    @Wim – You beat me to it. The $50 million was the original purchase price for the stock. Sorry, if the script was misleading, I’ve corrected it. Thanks for pointing that out.

  5. BobD Says:

    Sean, do you have any sales numbers/take rates on the Chevy Cruze diesel? I have not seen any advertising or promotion on this vehicle, although I have seen a few on the street, so someone is buying them.

    btw- Every time you talk about diesel cars, you show the same video clip of the last generation Cruze. I’m sure if you asked, GM would provide you with some updated video of the newer model.

  6. BobD Says:

    Interesting that Audi’s solution to their diesel “defeat” device triggered by steering wheel angle input is to update the transmission software. Sounds about as lame as VW “fixing” their European diesel by changing out the plastic conduit between the air filter and the throttle body.

  7. Kit Gerhart Says:

    3, 4
    Toyota did quite well with their investment.

  8. Wim van Acker Says:

    @7, yes, I agree with you. I have, unfortunately, never been close to a return on investment like that. Good for them.

  9. Kit Gerhart Says:

    @8. Maybe they know that now is a good time to cash in. Yeah, I’ve never done that well either.

  10. Joe Engelhardt Says:

    John Jr.,

    Clean Diesel doesn’t mean no emissions! Compared to the 90′s and 2000′s they are why cleaner.

  11. Bob Wilson Says:

    The $1,500 mild hybrid discount, the anti-hybrid premium, may lead to more efficient car sales even with cheap gas.

    Bob Wilson

  12. Kit Gerhart Says:

    I was never a big fan of GM’s mild hybrids, but they do improve mpg a little, and don’t cost too much to make. To me, the best thing about them is the seamless stop-start, with the belt driven starter generator. It is much better than other stop-start setups, like BMW’s, which is far from being unobtrusive, with, it seams, a regular starter engaging a gear on the flywheel.