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Archive for the ‘Mercedes’ Category

Aston Martin Sketches Out its Future With Supercar Design Tease, IPO Plans

British marque hopes to repeat Ferrari’s success.

by on Sep.21, 2018

Aston has released a preliminary sketch of its third hypercar, the 003, which it hopes to have in production in 2021.

Aston Martin, the carmaker best known for its relationship with cinema spy 007, has laid out key details of its upcoming IPO while also releasing a preliminary sketch of the hypercar it’s calling 003 that it hopes will drive some of its future success.

Spun off by Ford Motor Co. in 2007, Aston struggled to avoid an eighth bankruptcy during the depths of the Great Recession, but its fortunes have skyrocketed over the last few years, a period coinciding with the arrival of CEO Andy Palmer and the subsequent commitment of hundreds of millions of dollars in new capital from its key investors.

The Last Word!

The IPO will go off next month on the London Stock Exchange, Palmer announced, declaring that it “will provide investors with a fitting opportunity to participate in our future success.”

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Jackson Stepping Down as AutoNation CEO

Former Mercedes-Benz USA president remains executive chair until 2021.

by on Sep.20, 2018

AutoNation CEO Mike Jackson is stepping down from the post next spring.

The auto industry is going to be a little less colorful in the near future as AutoNation’s Mike Jackson is stepping down as Chief Executive Officer next year; however, he will remain executive chairman until 2021.

“AutoNation is the retail automotive industry leader,” Jackson said in a statement. “The company is ready for its next chapter with a strong foundation, a coast to coast brand, a comprehensive Brand Extension strategy, and a transformational digital consumer car buying experience.”

News Now!

Jackson is one of the industry’s most outspoken figures, often a go-to executive for reporters looking for an expert perspective on almost any industry topic. He took over as AutoNation CEO in 1999, hired by founder H. Wayne Huizenga from Mercedes-Benz USA where was president. (more…)

Cadillac Expanding V-Series – Even as it Drops ATS-V, CTS-V Models

Performance models have “sparked new life.”

by on Sep.20, 2018

Even as it cuts its performance sedans, Cadillac is likely adding replacements, like a CT6-V.

High-performance models have become an essential part of a luxury brand’s line-up, as the BMW M, Mercedes-AMG and Audi S and RS models clearly demonstrate. So, it should be no surprise to see that Cadillac wants to play in the performance segment, as well.

General Motors’ luxury brand plans to expand the availability of its V-Series, Caddy now says, and that will be marked with the arrival of the new CT6-V version of its flagship sedan next spring. That said, two current V-Series models will soon be going away, Cadillac pulling the plug on both the ATS-V and CTS-V in the near future.

Product News!

“Beginning with the debut of the CTS-V Sedan in 2004, the V-Series sub-brand sparked new life into Cadillac,” GM’s product development chief Mark Reuss said in a statement. “As a result of the overwhelming response the CT6 V-Sport received when revealed in early 2018, we’ve decided to formally make it a V-Series, signaling the expansion of V-Series.” (more…)

German Automakers Enduring More Diesel Scrutiny

Government regulators continue investigation of companies.

by on Sep.19, 2018

An Audi A3 TDI Sportback, one of the vehicles that was equipped with a rigged diesel engine.

German automakers are facing more headaches and potentially huge fines as the fallout from the “Dieselgate” scandal continues to seep through the legal and regulatory system in Europe and North America.

Antitrust regulators from the European Union are investigating if major German automakers, BMW, Daimler and Volkswagen AG conspired to limit the rollout of emission technology used on diesel-powered vehicles heavily promoted by the three automakers.

Global News!

In the latest twist to the three-year-old “Dieselgate” scandal, the European Commission has opened an in-depth investigation this week. The investigation comes a year after it raided the companies and two years after it slapped a record 2.93 billion euro ($3.4 billion) fine on a group of truck makers, including Daimler, for fixing prices and delaying the adoption of cleaner engine technology, according to Reuters. (more…)

BMW’s iNext Offers a Glimpse at Automaker’s Autonomous, Electrified Future

Show car offers broad hints about BMW's next all-electric model.

by on Sep.15, 2018

BMW offered a handful of journalists a sneak peek at the iNext concept during an around-the-world tour.

BMW was one of the first of the traditional automakers to enter the plug-in vehicle market, well ahead of luxury rivals like Mercedes-Benz, Audi and Lexus. But it has been slow to follow up on its original i3 and i8 models, especially when it comes to all-electric offerings, even as those competitors have laid out aggressive plans to launch literally dozens of their own new products in the coming years.

BMW has been dropping hints about where it might go next for several years. And the Bavarian automaker is looking to get back in the game with the appropriately named iNext, an all-electric and autonomous crossover set to make its debut in 2021.

Tech Talk!

A handful of select media outlets, including TheDetroitBureau.com, got a chance to check out a prototype version of the iNext during an otherwise top-secret, around-the-world series that took the concept vehicles from Germany to New York, then Los Angeles and, finally, Beijing.

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Infotainment Technology Getting Better, JD Power study says

Systems improve for third consecutive year.

by on Sep.14, 2018

The Ford Mustang earned the highest score in J.D. Power's 2018 Multimedia Quality and Satisfaction Study.

If you own a car built in the last decade, you’ve been there. You attempt to make a call using the hands-free system – regardless of the manufacturer – and you get a list of people the nice lady in the dashboard would like you to choose from and none of the options are the one you want.

It’s this kind of technology that is both enticing and enraging all at the same time and is most often the target of complaints by new vehicle owners. However, the folks at J.D. Power claim the user experience is getting better.

The Last Word!

According to the J.D. Power 2018 Multimedia Quality and Satisfaction Study, the number of reported problems with in-car audio, communication, entertainment and navigation technologies has decreased for a third consecutive year, with several technology standouts emerging among manufacturers. (more…)

Fade of Zero-Percent Financing Makes Leasing More Appealing

Rising interest rates pushing buyers toward leases.

by on Sep.14, 2018

Zero-percent financing deals are increasingly difficult to find these days, pushing some into leasing.

Car shoppers are always looking for a deal, and often they’re excited by the prospect of zero percent financing; however, those deals are getting tougher and tougher to find.

The percentage of sales with zero percent finance deals has been cut in half in the last two years — dropping from 14.6% of transactions in August of 2016, to 10.4% last August to just 7.4% this August, according to Edmunds.

Product News!

This drop during the last three Augusts sparks interest because zero percent financing deals usually abound in August and September.

“August truly represents the month that we would have expected to see a turnaround in this trend if one was imminent,” said Jeremy Acevedo, Edmunds’ manager of industry analysis. “Moving forward, shoppers will likely need to do a bit more digging to find other ways to save on a new vehicle because it looks like zero percent finance deals are going the way of the dodo.”

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BMW Looking to Go Beyond the X5 (and 6 and 7)

The future may include some truly radical approaches.

by on Sep.14, 2018

The latest version of the BMW iNext Concept adopts a more SAV-like body design.

Even as the newest version of the X5 gets ready to roll into showrooms around the world, BMW is looking at ways to expand its presence in the fast-growing market for sport-utility vehicles.

The automaker took what seemed like a big risk when it launched the original X5 “Sports-Activity Vehicle” in 1999, but dmand for high-line utes has grown exponentially, leading it to move down-market, all the way to the base X1, with a new flagship, the X7, set to debut next year.

Plug In!

“We see even more demand from our customers,” said Carson Gruber, the BMW AG marketing executive overseeing high-line products like the X5 and X7, during an interview with TheDetroitBureau.com. “BMW is a learning company….and we’re capable of identifying new trends.”

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Mercedes-Benz Debuting New GLE Ute at Paris Motor Show

German automaker skipping Detroit show.

by on Sep.12, 2018

Mercedes-Benz plans to debut the new 2019 GLE at the Paris Motor Show next month instead of in Detroit in January.

Mercedes-Benz plans to show the new 2019 GLE at the Paris Auto Show, marking a bit of a change in its marketing strategy.

In the past, the GLE, which is built at the big Mercedes-Benz assembly plant in Tuscaloosa, Alabama, would probably been shown at the North American International Auto Show in Detroit in January since the vehicle will go on sale in the U.S. in 2019.

Auto Show News!

The GLE will also be exported to China, though sales of the GLA have been crimped in the Chinese market by new tariffs. Mercedes, however, has elected to skip the 2019 NAIAS but is eager to show of the new GLE, which will reach the market with loads of new technology. (more…)

Mercedes’ Future Comes Alive With Vision Urbanetic

New vehicle is Mercedes' glimpse into future mobility.

by on Sep.10, 2018

Mercedes-Benz unveiled its Vision Urbanetic concept. Shown here as a people mover, it's the company's take on future mobility.

Mercedes-Benz looked into the future to find ways to move people and things efficiently and quietly around cities and developed the Vision Urbanetic concept, which uses an electric powertrain and configurable bodies to do exactly that.

The result is a self-driving, electrically powered chassis that can take different switchable bodies for people moving or goods transport. As a ride-sharing vehicle, Vision Urbanetic can accommodate up to 12 passengers, while the cargo module can carry up to ten EPAL pallets.

Product News!

The interior cargo space is about 12.5 feet long while the entire vehicle is nearly 17 feet long. The vehicle can be incorporated into an IT infrastructure that analyzes in real time the supply and demand within a defined area.  (more…)