AD #2379 – Porsche Acquires Stake in Rimac, Ford & VW Explore Partnership, Honda Insight Driving Impressions

June 20th, 2018 at 11:50am

Runtime: 6:59

0:29 Ford & VW Explore Partnership
1:03 Hyundai & Audi Partner to Develop Fuel Cell EVs
1:34 Porsche Acquires Stake in Rimac
2:27 Volvo Opens 1st U.S. Plant
2:48 Magna to Build Cars in China
3:17 Nissan Develops New High Strength Steel
4:34 Honda Insight Driving Impressions

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12 Comments to “AD #2379 – Porsche Acquires Stake in Rimac, Ford & VW Explore Partnership, Honda Insight Driving Impressions”

  1. David Sprowl Says:

    Seems like the Honda Volt er Chevy insight..whatever is priced reasonably. Great car to be sure, I just wonder when Honda will apply this to an SUV?

  2. Chuck Grenci Says:

    I guess Volvo wanted the cache of Charleston, S.C.; though actually the plant will be about 30 miles from Charleston (between Summerville and Ridgeville). I believe production is slated to begin in the fall.

  3. Kit Gerhart Says:

    Why don’t they call that Honda hybrid a Civic Hybrid, or something like that? If they call it Insight, it should be a liftback, like earlier Insights.

  4. Albemarle Says:

    Volvo’s first North American plant was in Nova Scotia built in 1963 to take advantage of the new Auto Pact between Canada and the U.S.. It assembled a number of models shipped CKD from Sweden. It was closed in 1998.

    We had one of those Volvo’s. Their claim to fame was their reliability. It never left us stranded away from home. Always broke down still in the driveway. Rusted so badly, it was taken away with a broom. I understand they’re better now.

  5. Kit Gerhart Says:

    4 That description of your Volvo was entertaining. Yeah, I hope they’re better now.

  6. Roger Blose Says:

    Would love to see a segment on the second hand market for these Hybrids and EVs. Resale values, long term ownership costs, who can fix them, battery replacement costs, recycling issues, and the latest battery fires. On my street, all of the young families each park on the streets at night so as to not be blocked in for the morning commute and school. If half these cars are EVs in the future, would they have to run industrial gauge cables across the lawn out to the street to charge each evening? Or with one EV charger per household, how is this going to workout?

  7. Ed Says:

    Volvo cars is a wholly owned subsidiary of Geely motors since 2010. Therefore it is a Chinese car company. Have read a few times about “ when the Chinese begin to make cars here in the US…” well it’s already going on. Wonder who they had to partner with here in America and share technology with to be able to produce here? Hmmm oops forgot that only applies to anyone wanting to produce in China.

  8. Lisk Says:

    Why would Porsche want to invest in Rimac? The Mission E “or Taycan” seems pretty well sorted and once the mainstream manufacturers are fully online, I doubt there will be any room for these boutique car makers.

  9. Kit Gerhart Says:

    6 I don’t know about other hybrids, or EV’s, but I replaced a 2010 Prius with a new 2017 about a year ago, and the 2010 depreciated at about the same rate as most vehicles. It had about a year, and a few thousand miles of the 8/100K battery warranty left, so the depreciation may have had an uptick if I’d kept it another year, and the battery warranty was finished. My personal maintenance amounted to oil changes and a set of tires.

    Roger, I, too, would like to know more about the “end of life” issues with hybrids and EV’s, like recycling of materials in the batteries and motors.

    Actual resale value of hybrids and EV’s, like other vehicles, depends on current fuel prices. If gas went to $5/gallon next week, my 2017 Prius would probably be worth $3k more, and a 2017 Expedition would be worth $6K less.

  10. Fred Schmidt Says:

    I had only one Volvo, it was a 1986 760 gle turbo. It was very fast and safe for its day but the build quality and engine, suspension issues never ended. It ate 3 turbo’s in less than 3 years in spite of it being intercooled and made by Bosch. As the end of the warranty approached I unloaded real fast and never looked back. The brand has a lot of baggage to overcome with former owners. They are sort of like owning a Land Rover..either buy the extended warranty or dump it before the warranty runs out. Being owned by a Chinese company doesn’t instill any more confidence in the cars quality for me. They look very nice but so did my 86 760.

  11. Johnny D Says:

    Volvo is stepping up their game now that they open their first US plant. I’ve read that they are in the works of creating a pickup truck. They already released the concept for it. They are known for creating huge commercial truck parts but now they are trying to tap the market of pickup trucks.

  12. rgeniec Says:

    You know you are getting old when you complain of tire noise and oversize wheels. 16″??? This is not 1996.