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Car subscription services: A slow, expensive start — but the potential is huge

Americans are used to paying for subscriptions — to magazines and cable television, for instance — but experience shows they'll cancel when the price of admission gets too high, or there are more tempting alternatives. Cord cutters ditched nearly 1.5 million pay-TV subscriptions in 2017, according to a survey by Leichtman Research Group. Cable TV started out cheap with basic offerings, and then got expensive. The auto industry's subscription offerings are new, but they're starting out costly, and not price-competitive with traditional leasing. The upside is that they take the hassle out of car ownership for busy people by letting the service take care of maintenance, insurance, licensing and taxes. And they give consumers choice, often allowing relatively painless switches between different cars in the automakers' lineup. Subscription services also point the way toward an ownership-free auto experience, and offer an easy transition to a potential world where ride- and car-sharing will be dominant. Subscriptions are here to stay, but consumers may take a while to "get" them. Lincoln's subscription service for lightly used 2015 to 2017 models, offered through the Ford-owned Canvas beginning this year, got off to a slow start. Many early subscribers canceled. Last month, Cadillac announced it would " temporarily pause" its $1,800-per-month Book subscription service for "adjustments" as of December 1. According to the Wall Street Journal, "Snags with the back-end technology used to support the service made some customer-service functions tedious and time-consuming, adding costs for the company." The challenge for automakers is to come up with a strategy that offers consumers a compelling, affordable option to regular ownership, and one that can also make a profit. I think they'll find that sweet spot, but they're not there yet. Jack Nerad, former executive editorial director at Kelley Blue Book and author of " The Complete Idiot's Guide to Buying or Leasing a Car," points out that "A lot of people expected that subscriptions would be very valuable for people who wanted inexpensive transportation, but the reality is quite the opposite. Subscriptions are offering more choices for the wealthy.

New Bristol sports car will be called the Bullet

One of the great names in British carmaking history, Bristol, is coming back with a new sports car. It was first seen all camouflaged up at the Goodwood Festival of Speed just weeks ago, and now Bristol has announced the name the upcoming car will bear – Bullet. The concept name is Project Pinnacle, and to propel the vehicle, Bristol has chosen a 4.8-liter BMW V8. Power figures have not yet been revealed, but it is likely those will be disclosed at the car's official unveiling at the end of this month. It's been five years since Bristol last produced a car, the Fighter, which ceased to be in 2011. There never were that many Fighters produced – sources say only 13 cars made it off the production line. There were also plans to build a turbocharged version of the Fighter, but that never materialized; however, as the BMW V8 in the upcoming Bullet is a naturally aspirated unit, Bristol has said it will be the last non-turbo engine in a Bristol. The use of a BMW engine also neatly ties in with the first Bristol made, as the 1947 Bristol 400 used a BMW 328 powerplant. Some earlier Bristols have been crafted from aluminum, and the Bullet will be a step in a new direction, as the chassis is going to be carbon fiber. The carmaker told Autocar that the Bullet will be made available during the first quarter of next year. Related Video: News Source: AutocarImage Credit: Bristol Cars Plants/Manufacturing BMW Convertible

BMW calls in 50,000 motorbikes over fuel pump leak

If you don't often see motorbikes being recalled, it's probably because there's less to go wrong on a motorcycle. But a problem with the fuel pump on a wide array of BMW Motorrad products has prompted the National Highway Traffic Safety Administration to issue a recall for over 50,000 of the Bavarian two-wheelers across America.
The issue revolves around the fuel pump flange on R-model, K-model, S 1000 and HP2 motorcycles built as far back, in some cases, to 2005 and as recent as 2012, depending on the model. The flange was found to be prone to crack and leak fuel, which NHTSA evaluated as a fire risk. As a result, precisely 50,184 such motorbikes are being recalled to have their flanges reinforced or, where necessary, to replace the entire fuel pump. If you're the owner of such a Bimmer bike, expect a call from your dealer sometime next month, but you can read the full notice below.