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Aiming to Launch Tesla Model Y Challenger in 2021, Fisker Searching for Plant Site

Electric SUV planned at "below $40,000."

by on Mar.18, 2019

The Fisker SUV will adopt an SUV style and offer more interior space than the typical ute by placing key components under the floorboard.

Long-time automotive designer and entrepreneur Henrik Fisker is readying a challenger to the upcoming Tesla Model Y that will be ready for production during the second half of 2021 at a price of “below $40,000.”

With a range estimated at “around” 300 miles, Fisker Inc. plans to produce it at a factory in the U.S. and is currently searching for a plant site in one of eight states, the Danish-born executive told TheDetroitBureau.com in an exclusive interview. The company is putting an emphasis on acquiring an existing factory, preferably one of the many abandoned auto plants around the U.S.

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“We hope to pick a site within the next eight to 10 weeks,” Fisker said, noting that a Midwest site with ready access to existing suppliers is high on the priority list, though the final choice would also be impacted by available incentives.

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VW Expects to Sell 22 Million EVs Over Next Decade

CEO’s new target marks a 50% jump.

by on Mar.12, 2019

VW CEO Herbert Diess is shown here with the I.D. Crozz and Buzz concept vehicles.

Germany’s Volkswagen AG expects to sell 22 million battery-electric vehicles over the next decade, CEO Herbert Diess said during the company’s annual meeting on Tuesday.

The carmaker has been on an aggressive push into electrification and has outlined projects expected to cost it close to $100 billion by 2025 alone. But, until today, Diess had set a target of selling just 15 million battery-cars. Either figure would mark a massive increase considering VW sold just 50,000 all-electric vehicles last year.

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“The supertanker is picking up speed,” Diess said Tuesday in a speech to shareholders gathered in Frankfurt. “We are aligning Volkswagen with e-mobility like no other company in our industry.”

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10 Best from the 2019 Geneva Motor Show

Choices range from city cars to super cars.

by on Mar.07, 2019

This year's Geneva Motor Show was smaller than in year's past, but there were plenty of debuts for the press to cover.

It may be snowy up in the hills outside Geneva, but things were decidedly green inside Palexpo, the sprawling convention center that serves as home to the city’s annual auto show. The event wasn’t quite as busy this year, a number of automakers choosing to sit things out, as has been the growing industry trend. That said, there were some significant debuts during the Geneva Motor Show media preview.

And green really was the word, manufacturers rolling out more than a score of environmentally friendly products. That included quite a few all-electric models, but also hybrids, plug-ins and even a breakthrough gas engine.

Auto Show News!

As always, Geneva covered a broad spectrum of product segments, from little city cars, such as the Honda e, all the way up to hypercars like the 1,900 horsepower Pininfarina Battista. Here’s a look at 10 of our favorites among the new products that debuted at the 2019 Geneva Motor Show: (more…)

Ferrari Offers a V-8 Tribute with its F8 Tributo

New model draws inspiration from its predecessors.

by on Mar.05, 2019

The Ferrari F8 Tributo borrows from its exterior styling from several of its predecessors.

There were plenty of different routes Ferrari might have taken with the new, mid-engine V-8 sports car it unleashed at the Geneva Motor Show on Tuesday. In the end, it seems, it took the simpler approach.

Though billed as all-new, the Ferrari F8 Tributo isn’t all that new, after all, the two-seater just an evolutionary update of the four-year-old Ferrari 488. Not that that’s necessarily a bad thing.

Auto Show News!

The berlinetta, says the automaker, “sets the market benchmark for performance, driving pleasure and ease of handling. It makes the exhilarating performance of the best 8-cylinder in the world accessible to all drivers, with unprecedented handling and superior ride comfort.” (more…)

Aston Martin AM-RB 003 is a High-Tech, Hybrid Hypercar

British marque turns to Red Bull for F1 powertrain technology.

by on Mar.05, 2019

The Aston Martin AM-RB 003's F1-derived drivetrain is expected to top 1,000 hp in final trim.

After weeks of teasing its new hypercar, Aston Martin has finally pulled the wraps off the AM-RB 003 at the Geneva Motor Show, and it’s a high-tech hybrid that also happens to be insanely fast, its 1,000 horsepower drivetrain able to launch from 0 to 60 in less than 3 seconds.

The AM-RB 003 picks up where the earlier Valkyrie left off, “incorporate(ing) concepts and technologies taken directly from F1,” the automaker explained as it prepared to reveal the two-seater at Geneva’s PALExpo convention center.

Auto Show News!

The limited-edition model is the third mid-engine offering developed as part of a “long-term collaboration” and “extraordinary journey” pairing Aston with its Formula One partner, Red Bull Advanced Technologies, noted the British automaker’s CEO Andy Palmer.

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Live From Geneva!

Concepts, shooting brakes, super cars: Show's got it all!

by on Mar.05, 2019

The 89th edition of the Geneva International Motor Show is now in its second day. Thousands of journalists, executives and other industry types at the Palexpo are examining many of the new introductions; however, there is still a slate of debuts to go with more EVs, shooting brakes and sports cars.

This year is no different as the show expects to show more than 900 vehicles, including a slew of new vehicle debuts that include products ready for the market and some concepts that are still a little ways off. TheDetroitBureau, as usual, is your home for all fo the news from the show, combing for the latest items and other breaking news from the show floor. Since the pace is fast and furious, check back often for new stories! (more…)

Mercedes-AMG Offers a More Thrills With New GT R Roadster

New roadster at home on the track or on the streets.

by on Mar.04, 2019

Mercedes is only producing 750 of its new AMG GT R Roadsters.

Though Mercedes-Benz, like many other automakers, is focusing on producing more SUVs and SUV-like vehicles it’s also not completely giving up on its performance-based models, especially if the new Mercedes-AMG GT R Roadster is any indication.

The German automaker is producing just 750 of the little open-air rockets globally. The roadster puts out 577 horsepower and 516 pound-feet of torque from its twin-turbo V8. A sprint from standstill to 60 mph is reached in 3.5 seconds. The exhilarating power delivery continues right up to the top speed of 197 mph.

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The new model offers supreme handling with adjustable coil-over suspension with active rear axle steering, active aerodynamics and intelligent lightweight construction form the foundations for highly dynamic handling characteristics.  (more…)

Jaguar Rethinking its Line-Up as Market Continues Shifting to SUVs

Automaker launching two major cost-cutting programs in bid to return to profitability.

by on Mar.04, 2019

Jaguar's U.S. leader Joe Eberhardt said the speed with which customers moved from cars to SUVs was problematic.

While the surge in SUV and CUV sales has been underway for more than a decade, few could have guessed the pace with which that shift has accelerated during the last few years. And while that’s good news for one of the company’s brands, it has been a major challenge for the other half of Jaguar Land Rover.

Add in what a senior executive calls external “headwinds,” and the Indian-owned automaker posted a loss of 281 million British pounds, or $371.5 million, for the final quarter of 2018. That’s triggered a two-prong turnaround program that, U.S. CEO Joe Eberhardt said, is aimed at making the company “sustainable.”

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“I don’t want to say the speed of change took us by surprise, but they were too quick for us to react to immediately. It takes time to transform ourselves to the point we can be profitable again,” Eberhardt said during an interview. (more…)

First Look: 2020 Jaguar XE

Sport sedan gets a makeover inside and out for model year.

by on Mar.01, 2019

Jaguar's given its XE sport sedan a complete makeover for 2020, including an all-new interior.

Jaguar has announced a series of updates to the 2020 XE sports sedan, including what is described as an enhanced exterior design; all-new interior with new materials and layout and advanced infotainment and drivers’ assistance technologies.

“The new Jaguar XE is all about building on the undeniable sporting proportions of the original car,” said Ian Callum, Jaguar Director of Design.

Product News!

“We’ve given the car much bolder graphics and more visual width; planting it in a way which really illustrates its dynamic intent. The new XE is a wonderfully complete package with a very purposeful exterior matched to a beautifully crafted, sporty interior,” Callum said. (more…)

First Look: Polestar 2 Goes All Electric

Long-range performance EV to serve as “foundation of our brand.”

by on Feb.27, 2019

The Polestar 2, the brand's first fully battery-electric vehicle, made its debut.

In a global webcast, Volvo’s new performance subsidiary pulled the wraps off its second new model, the Polestar 2, a battery-electric vehicle set to become “the foundation of our brand,” according to Polestar CEO Thomas Ingenlath.

Set to compete with the likes of the Tesla Model 3, the new offering will initially be offered in key growth markets for electric vehicles, including North America, China and Europe. The base European model will start at 39,900 euros, or about $45,000 at current exchange rates, with the U.S. “Launch Edition” starting at $63,000 before incentives.

Product News!

But Ingenlath noted that Polestar’s goal is to rethink the entire design, manufacturing and sales process, with the company putting an emphasis on all-inclusive subscriptions, rather than conventional retail sales. (more…)