Here are the six must-read, must-watch auto news stories, reviews, and videos for Monday, June 1, 2015.
INSIDE THE AUTO BUSINESS
Ford doesn’t have enough frames, so production of the new-for-2015, aluminum-intensive Ford F-150 has been curtailed.
INSIDE THE LEASING BUSINESS
It’s not like an iPhone contract. Nobody puts $2500 down to buy an iPhone. But Volkswagen dealers in the United States are trying to lock in customers with extremely cheap Jetta leases – $39/month in San Jose, according to Automotive News – in advance of an improved lineup in a few years. It’s worth noting, of course, that any automaker could advertise any extraordinarily low monthly lease payment if the downpayment is increased to a sufficiently lofty figure. These Jetta leases, however, are incredibly inexpensive even when the downpayment is factored in.
Since the GMC Canyon and Chevrolet Colorado returned, midsize truck sales, as a percentage of the overall truck market, haven’t risen above 15.4% in the United States.