AD #2875 – PSA & FCA Announce New Name; Nissan Cutting Global Output 30%; Lordstown Endurance Interior Revealed

July 16th, 2020 at 11:32am

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Listen to “AD #2875 – PSA and FCA Announce New Name; Nissan Cutting Global Output 30%; Lordstown Endurance Interior Revealed” on Spreaker.

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Runtime: 9:19

0:07 Germany Offering Free Renaults with New Subsidies
1:04 European Sales Show Improvement
1:43 U.S. Manufacturing Up, But Not Back to Normal
2:18 Nissan Cutting Global Output 30%
3:47 PSA & FCA Announce New Name
4:20 VW Sells 50% of Seat Maker Sitech
5:47 Lordstown Reveals Endurance Interior
6:34 Porsche Details New 911 Turbo
7:34 First Popemobile with Glass Bubble
8:25 More Wisconsin Barn Finds

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28 Comments to “AD #2875 – PSA & FCA Announce New Name; Nissan Cutting Global Output 30%; Lordstown Endurance Interior Revealed”

  1. MJB Says:

    Hey Sean,

    Your take on ‘restoring’ that Barn Find says a lot about you ;) I’d certainly get it back to being all shiny and polished. But then again, I’m not a big ‘patina’ guy like yourself :)

  2. ChuckGrenci Says:

    With a somewhat “tongue in cheek” I say, So now Jeep has to support Fiat and PSA. Straws may soon break the camel’s back.

  3. Ken Says:

    STELLANTIS: If your erection lasts more than four hours contact your physician as side effects can be life threatening.

  4. Dale Leonard Says:

    Sean I am also a huge fan of patina. It gives any vehicle character. I am a huge supporter of making a vehicle safe to drive but leaving it the way you found it on the outside.
    By the looks of the crank out window someone made it into a motorhome. I would do the same as You chassis & engine repairs and leave the rest alone.

  5. Dale Leonard Says:

    Re: FCA/PSA You are now a witness to the demise of Dodge & Chrysler as PSA will suck every cent of development money to support Jeep & Ram and those profits will fund Maseratti & Alfa-Romeo.

  6. Jon M. Says:

    You’re right, it is extremely easy, but also a pretty cool find. Chevy Step Van. It would fun to fix and sell. I’m sure there would be no problem finding it a new home.

  7. Scott-in-Cleveland Says:

    The barn find is a Chevrolet Step Van. GMC’s version was called the GMC Value Van. Not sure of the year, though.

  8. Nick Thomas Says:

    Okay this is actually tougher than it seem, Sean!

    It’s clearly a Chevy P30 Step-Van, but is it a 1968 or a 1986?

    This thing almost made no changes in its existence, but lets (try) and narrow it down.

    That said, I’m fairly confident it is a 1970s model, specifically a 1971 Chevy P30 Step-Van.

    The giveaway? About the only thing that changed in 30 some odd years, the badge design in front of the doors!

  9. Scott-in-Cleveland Says:

    RE: Lordstown Endurance interior…. It reminds me of a Hyundai Palisade.

  10. rick Says:

    Barn Find is typical step van like those used by USAF flightline maintenance mechanics. I spent many hours riding in the back of one during my assignments from Turkey to SEA and many places in between. But I never rode in one with an auxilary heater, but wouldn’t be surprised if that is what we are looking at.

  11. Buzzerd Says:

    That barn find could make an awesome dirt bike hauler or race weekend camper.

  12. Michael Myers Says:

    Put several miles on a Chevy Step Van like that when I was a milkman during summers back in the late 70′s.

  13. Roger T Says:

    Best of luck to Lordstown, rooting for them.
    I’m a patina guy too but I wouldn’t say no changes to this chevy step van exterior. that vent on the side would need to go. Other than that it does look about perfect.

  14. Kit Gerhart Says:

    12. My thought on the “barn find” was “milk truck.” I guess I was right, but not very descriptive about who made it, etc.

    3. Stellantis struck me that way too, another nonsense word similar to ones used for prescription drugs advertised on TV.

  15. John L Says:

    Sean,
    As a fan of patina, I hope you’ve seen the American Pickers episodes related to the finding and restoration of the Aerosmith tour van!

  16. Drew Says:

    I suspect Peter DeLorenzo has a lot to say about Porsche’s price premium between the Turbo and Turbo S. And the small performance difference (despite healthy HP and torque deltas) is a testimony to the limits of trading low RPM torque for high RPM advertising numbers. In other words, welcome to the World of Diminishing Returns.

  17. lambo2015 Says:

    Under 10 Euros a month for a car sounds like a giveaway. Again inflating EV sales and not a true market demand.

    Sean that 11% reduction of production output may also be partially attributed to many plants running with less people due to covid restrictions. Changes within the workplace may have impacted output.

    VW sounds like they are doing what GM and Ford did years ago with them spinning off Delphi and Visteon. Allows them to bid on other programs but turned out to be their demise. But you are right that often times a supplier can buy equipment and make 2 million headlights cheaper than OEM tooling up to make 120k headlights.

    Lordstown moving dates back already. Humm not a good sign.

  18. Gerald Thompson Says:

    My father worked for GMC in Pontiac from WW II until he retired in 1975…he used to refer to for ‘barn’ find as a PIE WAGON. He bought a well used one to make into a motorhome back in the late ’60′s.

  19. Kit Gerhart Says:

    In addition to non-OEM suppliers having the efficiency of making large numbers of similar parts, in the U.S., at least, the suppliers pay the employees less than the OEM employees make, and with much worse benefits. I don’t know if it’s that way in Europe.

  20. merv Says:

    3 lmao

  21. Larry D. Says:

    Free Renault Zoe? LOL. You’ll get what you paid for.

    Saw my first new Bronco just 20 min ago. Ugly as sin in black. What a STUPID design. DOA.

    A new Porsche Turbo for $200k is a SCREAMING BARGAIN, if you KNEW how much the ten years old Turbo S went in the old country, which was 320,000 EUROS back in 2010, and for those currency challenged, this is almost $400,000.

  22. Kit Gerhart Says:

    I wouldn’t bet on a new 911 Turbo or Turbo S being a good investment, but the last of the air cooled 911s are already doing quite well. The older, pre-911 Porsches are going crazy, with some of them selling for over a million, and the cheapest ones around $80K. The Porsche trucks, though, are just used cars, depreciating about like most other “premium” crossovers, which is to say, pretty quickly.

  23. MERKUR DRIVER Says:

    I think the biggest reason for using the supply base instead of vertical integration is cash flow. It is expensive tooling up a car and all of it’s parts. If you are vertically integrated that cost is born by the OEM directly at the time required for that investment which takes all of your available cash. When you use the supply base, you can defer that cost to a time when the car is released and then pay it down over time. Think of it as a interest free loan on development costs. You won’t get such a deal from any bank. The suppliers shoulder the burden of the development cost. If the car is a flop, guess who gets stuck with the bill? The OEMs usually will tell the supplier to make their obligation go away or else no new business.

  24. Kit Gerhart Says:

    I was at GM, and then Delphi, during the Delphi spinoff. GM didn’t say it, but the main reason for Delphi was to rid GM of underperforming in-house suppliers like Harrison Radiator, and others. There was a lot of BS about how great Delphi would be, since they could get more non-GM business, but Delphi went bankrupt before GM, and I lost part of the retirement benefits I was promised. Some of Delphi’s latest short, convoluted history, is that it has split into two companies, one headquartered in the UK, and one in Ireland.

  25. Kit Gerhart Says:

    The US market continues its slide into an automotive waste land of trucks.

    https://outlook.live.com/mail/0/inbox/id/AQMkADAwATExADY1Ny00YzM1LTFjYTUtMDACLTAwCgBGAAADD3cax6I6R0WECg1k3%2FUjogcAUNmTyDvVZkyvA3iL25FP%2FwAAAgEMAAAAUNmTyDvVZkyvA3iL25FP%2FwAD1ixRkgAAAA%3D%3D?RpsCsrfState=633d88fa-2541-9092-b84b-b3f77c9c0268&wa=wsignin1.0

  26. Kit Gerhart Says:

    25. Wrong link. The intended article is behind an autonews pay wall. In summary, the Civic Coupe, Accord manual, and Fit are going away from the U.S. market.

  27. lambo2015 Says:

    24 Yeah I was doing a lot of work with Visteon back then and basically the same thing happened. Told everyone at Visteon they would grow being able to bid on other business but that never happened and soon the doors closed and divisions were sold off.
    If I worked at that seating division of VW I’d be worried.

  28. BOB ANDREOCCI Says:

    Not sure but maybe a ZIP VAN that was made by Studebaker.