The News for September 28th, 2018

Welcome to the Hooniverse News! As always, this is a weekly recap of some of the biggest stories in the automotive industry without the fluff or bull. There’s also just a little opinion of mine because I can. This week:

  • Porsche surprises with new 935 tribute

  • Cadillac is moving their headquarters back to Detroit after just three years in NYC

  • Audi expected to debut E-tron GT sports “coupe” at LA Auto Show

  • BMW is revealing the all-new 3 Series next week in Paris

  • SEC formally sues Elon Musk over “plans” to take Tesla private

  • What’s your automotive news?

Porsche 935

Porsche kicked off this weekend’s Rennsport Reunion VI at Mazda WeatherTech Raceway Laguna Seca in a very big way. Porsche has been known to kick it old school several times before with concepts and tributes, but this faithful recreation of the famous 935/78 known as “Moby Dick”.
Decades before McLaren came up with the F1 GTR ‘Longtail’, Porsche did it first with their line of 935 endurance racers during the last Group 5 era, perhaps most famously with the 935/78. There were plenty of amazing 935s running around, but the 935/78 is remembered better for a reason. Engineers took full advantage of FIA rules to create a uniquely streamlined car that was super light at around 2,260 pounds and incredibly powerful with 845 horsepower being the upper limit. It only ran under factory support for one season but managed to win the 6 hours of Silverstone and finish eighth overall at Le Mans, where it clocked a top speed of 227 mph.

The 935/78 is a legendary and outright beautiful racecar whose place in history is honored by a new limited-edition, non-homologated Porsche like no other. It starts as a basic 911 but gets power and technology from the new 911 GT2 RS and gets a slew of upgrades inspired by the historic racer. It’s a real car that Porsche is selling in very limited numbers with clubsport events and private training on race tracks in mind. Just 77 are being built and each goes for about $818,000.

With a car that’s already broken records as its basis, most of the body panels have been replaced or supplemented by carbon-fiber composite parts. It has wider wheel arches, an elongated tail, a big carbon fiber wing, and even the aerodynamically capped wheels. All in all, it’s nearly a foot longer and 200 pounds lighter than the 911 GT2 RS.
With all of that real estate to work with, Porsche also threw in extra styling details to pay tribute to other race cars from past and present. It features LED rear lights on the rear wing endplates as found on the 919 Hybrid, side mirrors from the current 911 RSR, and exposed titanium tailpipes modeled on the Porsche 908’s. And yes, it can be ordered with that Martini livery.

It takes its track day role seriously with a carbon steering wheel and digital gauge cluster borrowed from the new 911 GT3 R, a full roll cage, and a Recaro racing seat with a six-point harness, an air jack system, 30-gallon fuel cell, and even an escape hatch in the roof . The passenger seat is optional and it retains factory AC.

The 3.8-liter twin-turbocharged flat six is largely similar to what’s found in the 911 GT2 RS but with new engine management optimized for the track. It has 700 horsepower to play with and that’s transmitted to the rear wheels through a seven-speed PDK. Helping to control all of that fury is a new LSD that’s more optimized for heavy track use, larger brakes with anti-knock-back springs and a brake balance controller, and three-way adjustable racing dampers.

It may not be the 227-mph-fire-spitting-kill-you-if-you-hit-boost-too-early race car that the real Moby Dick was – and it’s certainly not quite as pretty – but it’s still one of the coolest and most surprising cars revealed this year. I thought it was something rendered up by an aftermarket tuner at first glance, but it’s actually Porsche doing this. And Porsche is actually selling this to people. What a world we live in.
[Source: Porsche]

Cadillac is moving back to Detroit

One of the more controversial moves by former Cadillac President Johan de Nysschen was moving Cadillac’s headquarters from Detroit – where, you know, all the cars are – to the trendy SoHo district in New York City – an area synonymous with personal car ownership. By distancing themselves from the rest of GM in this way, the move was supposed to help to strengthen their appeal to high end markets and customers outside North America.
Well apparently it didn’t help because Cadillac has confirmed that they’re coming back to Detroit. They’ve been in New York for three years. Autoweek reports that they’ll most likely be moving to a location near their technical center just north of Detroit in order to bring the head honchos closer to the people actually designing and building their cars. That’s crucial when Cadillac’s plan is to launch a new or redesigned vehicle every six months through 2020.
Cadillac isn’t completely gone from New York though as they’ll continue to operate whatever Cadillac House is supposed to be for the foreseeable future, or until they’re tired of paying SoHo rent.
[Source: Autoweek | Image © 2018 Hooniverse/Keiron Berndt]

Audi E-tron GT is debuting soon

Following the recent debut of the E-tron all-electric SUV, Audi is preparing to reveal a new pre-production coupe bearing the same family name according to Autoweek. It’s being referred to as the E-tron GT and is expected to be a “highly dynamic coupe”, which normal people would just call a fucking sports car. The reveal is set for the Los Angeles Auto Show in November.
Preliminary details call for it to be built on the same platform and 800-volt architecture as the upcoming Porsche Taycan (formerly known as Mission E). If the teaser shot is to be believed, it looks like it’ll be another one of those sedans that they try to call a coupe but it should have some proper sports sedan credentials to its name. The Taycan is shaping up to be a great performer with around 600 horsepower on tap making it capable of a sub-3.5-second 0-60 mph sprint, a sprint Porsche says it can do repeatedly without issue.
Audi has a great foundation to work with so it’ll be interesting to see how they take advantage of it. Autoweek believes production could start as early as 2020, but more on this as we get it.
[Source: Autoweek]

New BMW 3 Series debuts next week

When the Paris Motor Show kicks off next Monday, BMW will be presenting the all-new 3 Series. Soon to be in its seventh generation, the segment-defining luxury sports sedan is BMW’s most successful model range worldwide, so there’s maybe slightly less of a chance of it sucking.
One thing you can certainly count on is it being predicable. The teaser shot of it under wraps is enough for us to know it’ll carry many of the same design cues as its bigger siblings and will probably be a little bigger than the current F30. And because BMW is as predictable as the tide, it should be available as a 330i, 340i, and M340i in both rear-wheel and all-wheel drive. The manual option will probably be gone for good. The 30i will probably have latest turbocharged 2.0-liter four-cylinder engine with 255 horsepower and the 40is will work with the turbocharged 3.0-liter straight sixes making between 335 and 382 horsepower. The 340i with the M in front of it will be sharper and sportier and more expensive.
Expect to see more coverage of this next week as we learn how close I was… whether you like it or not.
[Source: BMW]

SEC sues Elon Musk over “funding secured” tweet

We don’t have any good pictures of Elon Musk on file so I picked this image depicting my high quality rendering of Tesla’s semi truck. I think I got it pretty close in hindsight.

The Securities and Exchanges Commission has formally announced a lawsuit against Tesla CEO Elon Musk over a tweet sent last month about possibly taking the company private – an idea the company abandoned pretty quickly. “Am considering taking Tesla private at $420. Funding secured.” is the tweet that started yet another bizarre story in this company’s history and gave the aspiring mini-sub inventor yet another headache.
With that tweet and the antics that followed, the SEC alleges that Musk intentionally misled investors as he “had not even discussed, much less confirmed, key deal terms, including price, with any potential funding source”. With this lawsuit, the SEC also seeks to bar Elon Musk from serving as an executive director for any publicly traded company and recover any ill-gotten gains from this announcement. Because Tesla’s stock price is so deeply tied to whatever Elon Musk is thinking, doing, or having for breakfast, the price shot up following the tweet in question.
So the SEC believes Musk was lying about the funding being secured and they also confirmed that the buy back price was definitely a weed joke. This is an actual quote from an official SEC filing:

According to Musk, he calculated the $420 price per share based on a 20% premium over that day’s closing share price because he thought 20% was a “standard premium” in going-private transactions. This calculation resulted in a price of $419, and Musk stated that he rounded the price up to $420 because he had recently learned about the number’s significance in marijuana culture and thought his girlfriend ‘would find it funny, which admittedly is not a great reason to pick a price.’

We live in the weirdest timeline. But of all the headaches and alleged short-selling conspiracies that Tesla has run into over the years, this one is by far the most serious. Well, this one and the Department of Justice investigation into the same matter that’s been reported too.
[Sources: SEC via Jalopnik]

What’s your automotive news?

That’s all I’ve got for you this week, so now it’s your turn. If you saw anything, fixed something, broke everything, or otherwise did anything even remotely car related that you want to share with your fellow hoon, sound off in the comments.
Have a good weekend.
[Image © 2018 Hooniverse/Greg Kachadurian]

Leave a Reply

Your email address will not be published. Required fields are marked *

The maximum upload file size: 64 MB. You can upload: image, audio, video. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop files here

23 responses to “The News for September 28th, 2018”

  1. Sjalabais Avatar

    From hence furth I will only read the news to marvel at those mad MS Paint skillz.

  2. JayP Avatar

    Ah, the Vic. Since last winter, the Vic’s airsprings have developed a leak. Slowly deteriorated until I decided to swap them out for cheap Chinese units. I’ve done this swap before, pretty easy.
    Yesterday was the first drive to work and back.
    And I hit a pothole. And the airspring exploded. Or something. All the air is out and the Vic is a taildragger. I made it to my home away from home… the arcade. Had a few beers, played some games then called roadside assistance for the not-so Uber ride home.
    Once I get a chance, a postmortem will be performed.
    I really don’t want to use conventional springs.

    1. JayP Avatar

      Welp… blame the nut behind the wrench.
      The clip for the bottom must not have seated properly and it disconnected from the perch on the axle when I hit the pothole. Either it was kinked to cause a rupture or the pump over inflated until it failed.
      Autozone had a spare, replaced. Back on the road for now.

      1. 0A5599 Avatar

        Seems unlikely one of those pumps could build up enough pressure to have caused the problem, unless the bag was improperly manufactured or installed.

        1. JayP Avatar

          Yep. These are made to withstand far more pressure.
          Looking at the rupture again, the bag rubbed against the perch and failed.
          Guess what I double checked before the test drive.

  3. Batshitbox Avatar

    It’s been a year since I first went shopping for a new Honda NC700 with the dual clutch transmission (DCT). Very few 2017s were made with the DCT, so I was SOL on that pursuit. It was announced that the 2018s would be 750s like in Europe, but not in the showrooms until ‘summer’.
    ‘Summer’ became late-August, but I was away on vacation and someone snapped up the two that showed up in San Francisco and Berkeley.
    Tuesday I went to the SF shop, and yesterday to the Berkeley shop. Both said the ridiculously named NC750XDCTABS (seriously, can’t it have a cool name like Hornet or Fireblade?) were listed as N/A on last month’s order, and it was anyone’s guess what will be around this next month. (At what point do we stop calling them 2018 models? Halloween?)
    Nice man at Berkeley called around to three other shops (Central Valley, Los Angeles) that still had an NC750XDCTABS listed on their inventory but called me back this morning and said SOL on those too. Next update in 10 days…

    1. Zentropy Avatar

      I’m not a motorcycle rider– is that shorthand for dual clutch transmission and antilock brakes? If so, I didn’t realize technology had come that far in the bike world. Hell, my last bike was a 1971 Suzuki TS250 with drum brakes and four speeds.

      1. dead_elvis, inc. Avatar
        dead_elvis, inc.

        BMW first offered ABS on the K100 30 years ago.

      2. Batshitbox Avatar

        Yup and Yup! DCT, ABS and fuel injection. All new to me. You can shift the gears manually, flappy paddle style, but with a thumb shifter like an old mountain bike.

  4. onrails Avatar

    Brock Yates Jr. announced the official dates for One Lap next year (May 4-11) and is making some noise that the 2019 tracks have been scheduled. Now we wait. From what he said when I talked to him during registration, he’s leaning towards going east next year.

  5. 0A5599 Avatar

    It makes sense to move Caddy HQ out of NYC, but I think they missed a great marketing opportunity by not making their new home at Cadillac Ranch in Amarillo.

    1. mdharrell Avatar

      If they want to be close, but not too close, to their own technical center, as well as close, but not too close, to their own division’s history, La Salle Township is about seventy miles south of Warren.

      1. 0A5599 Avatar

        Gee, our old La Salle ran great.

        1. Smaglik Avatar

          Those were the days!

    2. Sjalabais Avatar

      This whole experiment is sort of entertaining. It had the potential to work, but go to the Cadillac House website linked to above and you’ll be hit with the worst management mumbo jumbo imaginable:
      A public space for innovators, creators and the curious.”
      I mean, are you serious? It’s hard to imagine someone being able to get any work done in language dust of this sort.

  6. Fred Avatar

    I put Android Auto on my phone and found it works without a head unit in the car. It makes the controls easier to work, which is why I wanted it. Still it’s kind of buggy or I haven’t figured out how to make it work. It’s also kind of slow on my old cheap Moto E. Let’s see how it goes.

  7. Lokki Avatar

    Tesla stock really fell off the cliff with the SEC announcement. It was at $307.11 per share at 2:55 pm on Thursday and BOOM! It got turned into a newt. It closed today at $260.56. It remain so to be seen if it will get better

    1. Sjalabais Avatar

      That is just the Global Internet Tesla News Filter, GITNF™, implemented with all browser updates as of May 2018, preventing bad news infographics.

    2. Zentropy Avatar

      I’ve never been able to post images here, either, despite being “logged in”. I simply copy/paste links for images that are already on the internet, and if it’s my own image, I have to upload it to Flickr first and then reference it.

      1. Vairship Avatar

        I have found that for my own images, uploading them fails but drag-and-drop works.

  8. Manic_King Avatar

    I’m in Vegas for the (not my) wedding and the plan was to rent the most ‘Murica F Yeah thing for road-tripping. Suburban, Yukon XL Denali…I chose Navigator and damn is this thing huge. Still, roads are wide-ish. I feel like I’m Euro- semi truck driver. So which national parks are most impressive on the west coast? Grand Canyon, LA, SF(? too far maybe) is on the list but what else is a must during these 10 days?

    1. outback_ute Avatar

      At Lake Powell there is a helicopter flight that will take you to the top of a butte, which is a pretty unique experience. Could also loop around to Zion NP and I’m sure there would be some other good stuff in southern Utah.

    2. Vairship Avatar

      Bryce Canyon and Monument Valley (the latter will instantly transport you to every western you’ve ever watched).

%d bloggers like this: