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Archive for the ‘South America’ Category

BMW Fills in the Blanks on New Z4

Production will launch with four-cylinder version, but I-6 and M packages will follow.

by on Sep.19, 2018

The 2019 BMW Z4 revs up the excitement for the next-gen roadster with more power and plenty of style.

Nearly a month after giving us a first look at the all-new BMW Z4, the Bavarian automaker is filling in some critical blanks, offering timing on the rollout of the new roadster, as well as specs on the first two versions in the pipeline.

First unveiled during the annual classic car week in Pebble Beach, California, the new Z4 is seen by many as the most significant update since the nameplate was first launched 17 years ago. That is, in part, due to the unusual approach BMW took to develop the all-new Z4, partnering with Toyota which will use the underpinnings for its own new entry, the reborn Supra.

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The good news is that the next-generation Z4 will be offering more power than the outgoing roadster. The bad news, at least for fans of rowing their own transmission, is that there’ll be no manual offered on the new model. (more…)

New Ferrari CEO Camilleri Lays Out New Five-Year Plan

Iconic automaker building new ute and supercar in next five years.

by on Sep.18, 2018

Ferrari's new five-year plan appears to follow the road map that recently deceased CEO Sergio Marchionne laid out.

Ferrari’s new CEO Louis Camilleri unveiled the iconic brand’s latest five-year plan that could be described as doing what it does best while ensuring it keeps an eye on the future.

Camilleri was only recently installed in the top spot after the unexpected passing of Sergio Marchionne laid out a near-term future that revives some of the company’s past, but also keeps the promises Marchionne made.

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“Our objectives are ambitious, but they are based on a meticulously constructed model pipeline, our enviable pricing power and appropriate investment levels,” Camilleri told investors. (more…)

Volkswagen Reveals $6B “Electric for All” Plans

German automaker will debut five-door hatchback in 2019.

by on Sep.17, 2018

Thomas Ulbrich, left, and Christian Senger outline Volkswagen's plans for its MEB-based electric vehicles.

Volkswagen AG is readying to kick off its long-expected onslaught of electric vehicles from its MEB platform, revealing an investment of more than $6 billion for plant upgrades to produce more than 10 million EVs by the end of 2025.

The moves are part of what VW dubs its “Electric for All” plan, based off the flexibility of its modular electric drive, or MEB, platform. It’s expected to the base for as many as 27 model between now and 2025.

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“We will make electric vehicles popular and get as many people as possible excited about electric cars,” said Brand Board Member for E-Mobility Thomas Ulbrich. “The MEB is one of the most important projects in the history of Volkswagen – a technological milestone, similar to the transition from the Beetle to the Golf.” (more…)

Bye-Bye Beetle

Volkswagen unveils Beetle Final Edition, with "no immediate plans" for a replacement.

by on Sep.13, 2018

The last of the VW Beetles come in two "final edition" colors and styles, including convertible models.

The end is near – for the Volkswagen Beetle, that is, the automaker all but confirming rumors that 2019 will mark the last time the once wildly popular little car will roll off an assembly line.

Also known in various places as the Bug, and even the Kafer, it has had an incredible run, with only a brief stretch out of production, the Beetle has been a fixture on the road since 1938, when it was unveiled as part of Adolph Hitler’s plan to create a “people’s car,” or “volkswagen,” that was cheap and easy to produce. With nearly 22 million build since then, it is the longest-running model ever, though Toyota’s Corolla claims to beat it as the best-selling nameplate in automotive history.

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“The loss of the Beetle after three generations, over nearly seven decades, will evoke a host of emotions from the Beetle’s many devoted fans,” said Hinrich J. Woebcken, president and CEO, Volkswagen Group of America Inc. (more…)

New Vehicle Costs Expected to Rise Under New NAFTA Deal

Canada in talks with the U.S.

by on Aug.28, 2018

Mexico's Ildefonso Guajardo and U.S. Trade Representative Robert Lighthizer after talks.

As U.S. and Mexican trade officials wait for Canada to get on board with the new deal expected to be the replacement or update to NAFTA, the existing agreement reveals that it may not be a great pact for American consumers.

New vehicle prices will rise, along with demand for used cars, experts say because the cost for producing the vehicles and components in Mexico is going to increase under the terms of the deal right now.

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“The new agreement will push production costs higher on Mexican products — parts and vehicles — which, eventually, will be paid by American consumers,” Michelle Krebs, executive analyst at Autotrader, told the Detroit Free Press. (more…)

Bugatti Reveals 1,500-Horsepower, $5.78-Million Divo

For folks who think the Chiron just isn’t quick enough.

by on Aug.24, 2018

The Bugatti Divo is a 1,500-horsepower beast that costs a mere $5.78 million.

While it may boast a top speed of 261 mph, there apparently are people – very, very wealthy people – who think the Bugatti Chiron isn’t fast enough.

So, for those folks, the French arm of the Volkswagen Group is rolling out the Bugatti Divo, all $5.78 million of it. The ultra-exclusive hypercar is making its debut this weekend on the Monterey Peninsula, ahead of the annual Pebble Beach Concours d’Elegance.

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The 1,500 horsepower Divo isn’t a ground-up project, starting out as a Chiron that has been fed plenty of steroids. But it is lighter and boasts far better handling, Bugatti officials promise, especially during aggressive cornering maneuvers. On a straight road, however, it actually loses a bit of speed, topping out at a mere 236 mph. (more…)

Ford Preparing Hybrid Version of Mustang

New powertrain will be about performance, not fuel economy.

by on Aug.09, 2018

Ford EVP Jim Farley took time during the celebration of the 10 millionth Mustang to discuss the evolution of the Mustang, including the upcoming hybrid model.

Ford Motor Co. is eager to keep the buzz around the Mustang alive as the company makes the transition to a world where autonomous and electrified vehicles are common, one of the company’s top executives told reporters after the automaker marked the production of the 10 millionth Mustang.

Jim Farley, executive vice president and president of Global Markets, said the long-running success of the Mustang, which has become a global brand, can serve as a beacon for the company as it goes through what amounts to once-every-100-years transition.

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“Mustang is the heart and soul of the Ford Motors Co. It’s a global product and it’s one of the reasons we’re different as a company.” Farley said. “It inspires other vehicles in the line-up. The ‘Mustangness’ of the company is starting with its products,” such the electric vehicles Ford has under development now. “The company has confidence in the Mustang and it knows the customer really well. (more…)

Ford Celebrates Production of 10 Millionth Mustang

Just like the first one, it came out Wimbledon White.

by on Aug.08, 2018

Ford marked the production of the 10 millionth Mustang with a huge party, including the very first Mustang built. Both are in Wimbledon White.

Ford Motor Co. celebrated the building of 10 million Mustangs in style with a parade, air show and lunch for hundreds at the assembly plant outside Detroit in Flat Rock, Michigan, where the fabled pony car is now built.

A parade of 54 Mustangs, one from each year the car has been sold during the past half century since it debuted at the 1964 World’s Fair in New York City was organized in the parking lot in front of Ford World Headquarters in Dearborn, Michigan.

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As the Mustang owners sipped coffee and munched on donuts, they talked about how much their lives intertwined with the car and its storied history that includes a starring role in more movies than any other vehicle. (more…)

Nissan Selling Electric Vehicle Battery Business

Automaker offloading group to China's Envision.

by on Aug.08, 2018

Nissan is selling its EV battery operations, including the plant in Tennessee, to Envision, a Chinese company.

Nissan is preparing to sell its battery business, including a piece in the United States, to a company, based in China, specializing in production of sustainable energy, the automaker announced.

The deal covers Nissan assets in Japan, United Kingdom and U.S., including a battery factory in Smyrna, Tennessee that now employs 400.

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Nissan Motor Co. said it has entered into a definitive agreement with Envision Group, a sustainable energy operator, for the sale of Nissan’s electric battery operations and production facilities to Envision. Nissan will retain a 25% stake in a new company set up when the deal with Envision Group closes. (more…)

Advanced Driver Assistance Systems Could Cause, Not Prevent Crashes, Warns New IIHS Study

Drivers may expect new systems, like Tesla Autopilot, to completely take over driving duties.

by on Aug.07, 2018

Tesla's own semi-autonomous Autopilot tech came under suspicion after this January crash.

Federal safety investigators raced to the scene of a crash involving a Tesla Model S sedan last January after the vehicle slammed into the back of a firetruck stopped on a California highway, regulators wanting to know why that happened despite the vehicle using the carmaker’s advanced driver assistance system specifically designed to prevent such a crash.

“ADAS” systems are being introduced on a wide range of vehicles and, according to industry experts, could substantially reduce the number of crashes, injuries and fatalities on U.S. roads. But a new study by the Insurance Institute for Highway Safety raises serious concerns about the technology. After testing five different systems offered by four automakers, IIHS warns that even though ADAS can prevent some accidents, the technology also could miss some potential problems and, in some situations, actually steer into a crash.

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A major concern is that these new, semi-autonomous systems still require drivers to be constantly vigilant, and occasionally intervene, said IIHS chief researcher David Zuby. But that’s often easy to forget. “If the systems seem too capable, then drivers may not give them the attention required to use them safely.” (more…)