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Archive for the ‘Sales’ Category

Dealers Hampering Sales of Electric Vehicles, Study Shows

Sales of EVs predicted to rise 50% in the U.S. in 2018.

by on May.25, 2018

The Chevy Bolt was one of Consumer Reports 10 best vehicles when it came out. Despite this, a new study suggests salespeople don't want to sell them.

Despite the fact that more and more consumers seem to be interested in buying electric vehicles, a new study suggests that dealers still seem to want to not sell EVs.

According to a study by Nature Energy, salespeople are reticent to sell people who specifically ask about electric vehicles an EV. The publication sent out 126 people to 82 dealerships across Denmark, Finland, Iceland, Norway and Sweden who were either deterred from buying an EV or were given incorrect information about them.

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These countries are all in the top 15 electric vehicle markets in the world.  (more…)

Trump Auto Tariff Threat Triggering Backlash

President calls auto industry "critical to our strength as a nation," but critics warn new tariffs could "undermine" global trade.

by on May.24, 2018

GM CEO Mary Barra welcomes President Donald Trump's efforts to "level the playing field."

President Donald Trump is once again threatening to slap steep tariffs on imported cars, trucks and auto parts, his latest in a series of moves challenging free trade that also sees a continuing effort to rewrite the North American Free Trade Agreement.

Trump said he asked Commerce Secretary Wilbur Ross to investigate whether auto imports are a threat to national security. If so, he would be able to sidestep Congress and institute tariffs under Section 232 of the Trade Expansion Act of 1962 — one of the strongest trade tools in the president’s arsenal. But the proposal is already triggering a backlash from trade partners in Europe and other parts of the world.

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“Core industries such as automobiles and automotive parts are critical to our strength as a nation,” Trump said in a short statement released by the White House Press Office. (more…)

McLaren’s Growth Means Adding New US Dealers

British sports car gets new stores on both coasts.

by on May.23, 2018

McLaren Automotive's been enjoying record sales and needs two new dealerships including McLaren Sterling just outside Washington D.C.

With its sales of ultra-expensive sports cars steadily climbing, McLaren Automotive has been fortifying its bottom line with new models after its long-expected demise has come and gone.

The growth in new vehicles in the product portfolio has strengthened interest in the company’s largest market: the United States. As a result, the company’s dealership network is growing too and the company is adding new retailers in wealthy communities on the East and West coasts.

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One of the new dealerships will be in Beverly Hills, California, the other in Loudon County in Northern Virginia, just outside Washington D.C. The two new stores join McLaren’s network of 80 dealers that stretch across 30 markets around the world. (more…)

Bosch Exec Predicts 50 Percent Rise in 2018 EV Sales

Annual sales expected to rise from 1% to 1.5% of total sales.

by on May.23, 2018

The Chevy Bolt will be joined by two dozen other GM battery-electric vehicles by 2023.

Sales of battery electric vehicles are growing steadily and impressively, according to a key executive at Robert Bosch Gmbh, one of the world’s top automotive suppliers.

Sujit Jain, Bosch Group regional president, Passenger Cars and Electric Vehicles, Powertrain Solutions Division, noted the market share of battery electric vehicles has steadily grown in the U.S. since 2013, reaching nearly 1%.

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On the surface, the number appears small, but the rate of growth has been impressive with EV sales possibly reaching 1.5% this year, Jain said after a presentation at the Bosch Mobility Experience at the company’s North American test track in suburban Detroit. (more…)

First Drive: 2019 Subaru Ascent…Proving Bigger is Better

The Japanese automaker learns its lesson with all-new three-row SUV.

by on May.23, 2018

The Subaru Ascent's X Mode is able to handle a wide variety of conditions, including wet sand.

An hour-some outside of Portland, as you head for the rugged Oregon coast, you’ll pass through the quaint old town of McMinnville. It’s known, it seems, for three things: walnuts, the annual Alien Festival – which celebrates a local farmer’s alleged encounter with a UFO – and the Evergreen Air and Space Museum. Dwarfing an indoor football stadium, the star of the collection is the legendary Spruce Goose, among the biggest aircraft ever built.

With eight radial engines mounted across its 321-foot wingspan, the 220 foot-long “Flying Lumberyard” was designed as a troop transport able to squeeze in nearly 800 soldiers on a trans-Atlantic flight. There are times when having plenty of passenger space, it seems comes in handy – something we had in mind before heading to McMinnville for a couple days to drive the all-new Subaru Ascent.

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While dwarfed by what was officially known as the H-4 flying boat, the 2019 Ascent is the Japanese automaker’s biggest offering yet, capable of seating up to eight passengers in a good bit more comfort than soldiers would have experienced had the Spruce Goose ever gone into service. Equally important, it has the styling and features that were sorely lacking when Subaru launched its first three-row model, the ungainly B4 Tribeca back in 2005.

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Musk Strikes Back After Tough Reviews of Model 3

CEO suggested problems were related to software issue.

by on May.22, 2018

Tesla's Elon Musk took to twitter to defend and explain some of the issues Consumer Reports came across in reviewing the Model 3.

Tesla CEO Elon Musk took to twitter – as he often does – to defend his company and the Model 3 and explain problems that Consumer Reports told its readers about were easily fixed.

The magazine, which stopped short of giving the Model 3 an endorsement, pointed out that the new sedan performed poorly in braking tests. In fact, it said it tested two vehicles and each of them performed worse in the 60-to-0 mph test than a new Ford F-150 truck.

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This happened even after the car it owned received a software update to improve the vehicle’s braking system. (more…)

Gas Prices Keep Rising; Might Truck and Ute Sales Fall?

Analyst thinks prices are getting high enough to hurt SUV sales.

by on May.22, 2018

With gas prices averaging nearly $3 a gallon in the U.S., at least one analyst is concerned truck and utility vehicle sales could be impacted.

Going into the Memorial Day weekend, the traditional opening of the summer driving season, the average price of gasoline across the U.S. continues to climb and analysts expect even higher prices lie ahead, prompting at least one respected analyst suggest buyers of new vehicles may start to rethink their purchase decisions.

Gas prices jumped 12 cents during the past 14 days, and six-cents since last week, landing the national average at $2.93 – the highest price point going into the Memorial Day weekend since 2014, according to AAA.

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“AAA forecasts nearly 37 million travelers will hit the road for the holiday weekend. Compared to an average of the last three Memorial Day weekends, pump prices are nearly 50 cents more expensive and climbing,” said Jeanette Casselano, AAA spokesperson.  (more…)

Funky Town Meets Funky Car: First Drive of the 2019 Hyundai Veloster

Slightly more practical, Korean entry is still an oddball.

by on May.21, 2018

The second-generation Hyundai Veloster gets a larger grille, bolder fenders and wheel arches and a number of powertrain updates.

In their nearly three-decade history here in the U.S., the Koreans have seldom shied away from introducing oddball offerings. And while it’s not quite as quirky as the Kia Soul, the Hyundai Veloster doesn’t readily fit into any neat category. Consider the fact that it has three doors – not including its hatch – one on the driver’s side, two on the passenger side.

While clearly not mainstream, the Veloster has a loyal following, enough to convince Hyundai to ignore current trends that have led most automakers to trim back on their passenger car line-ups – and Ford to all but drop out entirely.

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Fittingly, when it came time to launch an all-new, second-generation version of the Veloster, Korea’s largest automaker invited us down to Austin, Texas, a town locked in a battle with Portland, Oregon, for bragging rights as the country’s weirdest city. We won’t take sides on that debate, but after some time behind the wheel of several turbo versions of the 2019 Hyundai Veloster we can weigh in on its merits.

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China Tariffs on Hold as Trade War Talk Recedes

Two countries putting a deal together.

by on May.21, 2018

The Trump administration is backing away from proposed tariffs on a variety items imported from China.

The announcement by the U.S. Secretary of the Treasury Steve Mnuchin that the Trump administration will suspend any plans to impose tariffs on Chinese imports lowers the risks for American and European carmakers, fearing the impact of a trade war.

Companies such as Mercedes-Benz and BMW, which export American-made vehicles to China, will apparently be spared, facing the substantial tariffs the Peoples Republic of China had proposed imposing on vehicles exported from the United States.

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Importers of vehicles from China, such General Motors, also will be spared American tariffs on vehicles from Chinese factories. (more…)

Performance Version of Tesla Model 3 Will Be “Quicker than a BMW” – But Cost $78,000

Will “beat anything in its class on a track,” tweets Tesla’s Musk.

by on May.21, 2018

Tesla CEO Musk claims the performance Model 3 will not only be faster, but handle better than the BMW M3.

Despite a painfully slow ramp-up of production, Tesla is planning to add a new high-performance version of its Model 3 sedan that CEO Elon Musk claims will be “quicker than a BMW,” and be able to “beat anything in its class on a track.”

In a series of tweets over the weekend, Musk fleshed out details about the all-wheel-drive electric vehicle, noting that it will launch from 0 to 60 in 3.5 seconds, top out at an Autobahn-burning 155 mph, and still yield 310 miles per charge – at least when driven a bit less aggressively. But the yet-unnamed performance version of the Model 3 will also cost $78,000, or about twice as much as a base version of the electric sedan.

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That steep jump actually isn’t entirely out of line, at least when comparing to the likes of a BMW 3-Series sedan. The German sports sedan starts at $34,900, around the same figure as a Model 3 before factoring in the $7,500 federal tax credit. The BMW M3 starts at $66,500, though appears to have less standard equipment than the Model 3 performance version. The Tesla includes AWD, for example, an otherwise $5,000 option.

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