Lexus previews second-gen IS sport sedan with 2004 LF-C concept

Lexus previews the second-generation 2006 IS sport sedan, as well as a convertible version, with the introduction of the LF-C sports coupe concept April 8, 2004, at the New York auto show.

The concept was equipped with a retractable hard top and four-position glass roof, allowing the car to switch from coupe to convertible to targa or speedster.

The rear-wheel-drive LF-C — for Lexus Future-Coupe — was powered by a V-8 engine and featured a one-touch activation button, crystal LED taillamps, suede bucket seats, a 3D instrument panel, drive-by-wire and a translucent crystal center console with blue backlighting.

Retractable rear-view cameras replaced side mirrors on the doors and rear bumper.

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DAILY DRIVE PODCAST: April 7, 2020 | Post-coronavirus: How auto retailing may change forever

Join Automotive News Publisher Jason Stein for a daily podcast series about the coronavirus crisis. He’ll speak with industry experts, insiders and Automotive News reporters about how the virus is impacting and reshaping the automotive industry.

Automotive News reporter Lindsay VanHulle offers insights into her coverage on how dealerships across the U.S. are surviving during the pandemic and adapting to the rapidly changing digital landscape.

How do I subscribe?

Can't wait to hear the next episode of "Weekend Drive"? Subscribe through a podcast app to receive episodes days in advance. If you don't have a podcast app already, here are some options. 

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“Weekend Drive” is available on the iTunes Store and through the ‘Podcast’ app pre-installed on all iOS devices. Click here to subscribe to "Weekend Drive"

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Mazda, marking 100 years, readies special editions

Mazda plans special editions throughout its lineup to commemorate the company's 100th anniversary, although U.S. availability of the unique trim level will be announced later because of the coronavirus outbreak.

In Japan, Mazda is taking preorders now and will deliver the vehicles up until March 2021, the company said.

The special editions draw their inspiration from styling touches on Mazda's first passenger car, the R360 Coupe from 1960. The two-door micro-mini with a rear-mounted engine featured two-tone flourishes on higher trims on the roof and the interior, and the 100th-anniversary models echo some of those elements.

SPECIAL REPORT: Mazda's 100th birthday

The treatment is most fully realized on the MX-5 Miata convertible, which features white paint with a burgundy-red roof, like the comparable R360. Most other models come entirely in white on the outside with red leather seats and red carpet on the inside. Special edition logos — "100 YEAR…

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With EV deal, Honda plays catch up, GM polishes engineering chops

The General Motors-Honda pact to co-develop two electric vehicles for the Japanese automaker — buried by an avalanche of coronavirus news last week — deserves a closer look. It's a rare, big deal.

Because Honda is a fiercely proud company — and doggedly protective of its sterling reputation for engineering and quality — the company doesn't often put its name on products that weren't designed in-house or that weren't designed with a partner it knows well.

Honda's name will appear, the two partners said Thursday, on two new global electric vehicles being developed by GM. Honda will design the interior and exterior of the vehicles. GM engineers are developing the vehicles' underpinnings and GM is providing the power.

The partnership will benefit from greater economies of scale, which will help with pricing and profitability.

This is the deepest collaboration Honda has had with a competitor since the 1980s, when Honda and…

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2020 Cadillac CT5-V: Lots of fury

Cadillac is revamping its sedan lineup in the U.S. with the 2020 CT4 and CT5. The CT5-V, the performance variant, is powered by a 3.0-liter twin-turbo V-6 engine with 360 hp and 405 pound-feet of torque. It's available with rear-wheel drive or all-wheel drive. The CT5-V starts at $48,690 including shipping. Here's a roundup of CT5-V driving impressions from the automotive media.

"The car hunkered down and took off under heavy acceleration and felt secure and balanced on twisty stretches. The steering is precise and firm, with ample assist in touring mode. The CT5's weight distributions range from 51/49 to 54/46 front/rear, depending on engine, rear- or all-wheel drive and other features. I didn't notice any ill effects from the slightly nose-heavy layout, possibly because sport mode's performance traction management system neutralized them.

"The brakes, which include six-piston Brembos up front, have massive stopping power and pedal feedback that makes them ea…

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April 7, 2020 | Helpers emerge across the industry

Every week, Automotive News Publisher Jason Stein shares his perspective on some of the burning issues affecting the auto industry.

Automakers, retailers and vendors adapting workspaces and policies puts the industry at the front of a humanity effort.

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Detroit Grand Prix on Belle Isle canceled this year due to coronavirus outbreak

DETROIT -- The Detroit Grand Prix, scheduled to take place May 29-31 at Belle Isle Park, is canceled this year because of the coronavirus outbreak.

The race will be scheduled for June 4-6 next year, according to a Monday news release.

"We looked at every possible scenario to reschedule the race, but all of them would have been too disruptive to the hundreds of fall events that will take place on Belle Isle," Bud Denker, chairman of the event, said in the release.

Ticketholders will be contacted soon, the release said.

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James McLernon, former VW U.S. president and American Axle chairman, dies at 92

James McLernon, a longtime auto industry executive with a specialization in manufacturing who rose from the assembly line to become a top executive with Chevrolet, opened Volkswagen's first U.S. assembly plant, and was a founder and past chairman of the board of American Axle, died March 21 at his home in Michigan. He was 92.

After serving in the Navy Air Corps during World War II, McLernon was an hourly worker at General Motors' Tonawanda, N.Y., plant while studying industrial engineering at the University of Buffalo. He became an engineer at GM and rose through the ranks to become general manufacturing manager at GM's Chevrolet Division executive in 1969.

In 1976, McLernon joined what was then Volkswagen Manufacturing Corp. of America as its first president, overseeing the completion of an unfinished Chrysler plant into the German automaker's New Stanton, Pa., assembly plant. In 1978, he was named president and CEO of a newly formed umbrella group for Vo…

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Showroom traffic coming back – slowly

Showroom traffic at car dealerships in China remains subdued even though the coronavirus epidemic has largely been brought under control in the country. 

While 98.8 percent of franchised dealerships reopened as of Friday, average showroom traffic stood at just 66.4 percent of normal levels, according to the latest survey by the China Automobile Dealers Association.

On Friday, average revenue generated by new-vehicle sales was only 63.8 percent of normal levels, according to the survey of 8,721 franchised stores across China.

And dealerships surveyed said average parts and service revenue was at 66.8 percent of normal levels.  

As the coronavirus spread from its epicenter, the central province of Hubei, to the rest of China in late January, dealerships remained closed until Feb. 8. 

By locking down Hubei and dispatching more than 40,000 medics from the rest of China to the province, the viral outbreak was largely contained by …

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DAILY DRIVE PODCAST: April 6, 2020 | How one EV startup became a canary in China’s coal mine

Join Automotive News Publisher Jason Stein for a daily podcast series about the coronavirus crisis. He’ll speak with industry experts, insiders and Automotive News reporters about how the virus is impacting and reshaping the automotive industry.

Bordrin North America President Jerry Lavine discusses the initial hurdles the EV startup faced in China as COVID-19 swept through the region and how the company is recalibrating ambitions to bring its first vehicle to market.

How do I subscribe?

Can't wait to hear the next episode of "Weekend Drive"? Subscribe through a podcast app to receive episodes days in advance. If you don't have a podcast app already, here are some options. 

iPhone / iPad

“Weekend Drive” is available on the iTunes Store and through the ‘Podcast’ app pre-installed on all iOS devices. Click here to subscribe to "Weekend Drive"

Android

“Weekend Drive” is available on the Google Pla…

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Allstate to return $600 million in auto premiums to customers

U.S. insurer Allstate Corp. said on Monday that it would return more than $600 million in auto insurance premiums to customers as many Americans stay home and drive less due to "shelter-in-place" orders to curb the coronavirus outbreak.

Most customers will receive a "payback" of 15 percent of their monthly premium in April and May, the company said.

A smaller U.S. auto insurer, American Family Insurance in Madison, Wis., also said on Monday that it would return a total of $200 million to auto insurance customers beginning in mid-April. Customers will receive $50 per vehicle covered by their policies, the company said.

“There are very few silver linings out there, but auto insurance companies are definitely one of them,” said Piper Sandler analyst Paul Newsome about coronavirus.

Fewer accidents generally lead to a lower claim frequency and Newsome expects insurance companies with large auto portfolios, such as Progressive, Travelers and Allsta…

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Volvo slows pace of sales declines

Volvo Car’s China sales slipped 16 percent to 11,413 in March after nosediving 82 percent to just 1,205 in February. 

With the viral outbreak under control in China, all four of Volvo’s China assembly plants reopened in early March after an extended closure the previous month, the company said. 

“In March, showroom traffic in the region started to pick up pace,” it added. 

Because of a plunge in February volume, year-to-date sales at Volvo through March slumped 31 percent to 29,885.

Volvo Car builds vehicles in China for the Volvo brand and its electrified performance-vehicle Polestar marque. 

On March 24, the Swedish carmaker officially launched output of the second Polestar product, the Polestar 2 full-electric midsize sedan. 

Production of the Polestar brand’s first model, the Polestar1 hybrid coupe, started in China in August 2019.  

While the overall market declined for a second straight year…

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