The 2025 Ford Maverick rolls out with a revised front end, a larger viewscreen, and a lowered street-performance model called the Lobo. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ According to a report from Automotive News, leading Chinese electric vehicle maker BYD is preparing to enter the Canadian market after entering Mexico earlier this year. More at Motor Illustrated.
+ Volkswagen will need to make “significant cost-cutting efforts” in the second half of the year and beyond if it expects to restore its profit margins, the automaker reported. More at World Auto Forum.
+ CarShield will pay $10 million to settle charges that the marketing for its extended auto warranty plans is deceptive and misleading, the Federal Trade Commission reports. More at The Detroit News.
+ After 18 years at Red Bull Racing, sporting director Jonathan Wheatley will leave the team at the end of this year to become the new team principal of the Audi Formula 1 project. More at Racer.
+ The United Auto Workers endorsed Vice President Kamala Harris for U.S. president this week, a move expected to strengthen Harris’s campaign in Michigan, a key swing state. More at CBT News.
+ BMW reported a lower-than-expected profit margin in its core automotive segment during the second quarter, attributed to stiffer competition and weaker demand in China. More at Reuters.
+ Used car retailer Carvana exceeded Wall Street’s expectations for the second quarter and reported that it expects record adjusted earnings of at least $1 billion for 2024. More at CNBC.
+ Stellantis and Maserati have issued a joint statement denying widespread reports that the storied Italian sports car brand might be shut down due to poor profitability. More at The Drive.
+ The updated Ford Maverick pickup for 2025 features revised front end styling, a larger 13.2-inch infotainment screen, and a lowered street-performance version called the Lobo. More at Car and Driver.
+ British driver Jamie Chadwick, now in her first season in Indy NXT, will make her IndyCar debut in September in a test with her Andretti Global team at Barber Motorsports Park. More at Yahoo! Sports.
Photo courtesy of Ford.
Review the previous MCG Executive Briefing from July 29 here.
Join Mac’s Motor City Garage on Facebook and X (Twitter) to receive notices when every new story is published.
Ford Maverick – OH BOY, a 13.2 inch infotainment screen.
A much improved distraction to keep the driver from actually looking out the windshield where they might notice that pedestrian or bicyclist or semi-truck they are about to smash into.
Those screens should go dark as soon as a forward gear is engaged. Too much light, especially at night. Radios with actual knobs as well as HVAC controls that twist or slide are much more driver friendly that having to go through six screens just to adjust the AC or change a radio station is pure ridiculous stupidity that might start to clear out the gene pool a bit!
Carsheild should have to pay that $10 million to the folks it scammed into buying their “ coverage”. I’ve got a friend who got snookered into buying that garbage on a used minivan she purchased. When the engine let go, Carsheild wouldn’t even pay the tow bill, much less repair or replace the engine. She lost thousands of dollars of value in that car, luckily she was able to work out a deal with a used car lot to take it in as a trade, they of course put in a used engine and made a killing off of it. At least she got out from under it without being upside down, but it was bad close.
Carsheild made something like $100 million dollars last year, so I guess they were happy to only have to give up 10% of that to keep on scamming, er, operating !