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Archive for the ‘Sales’ Category

GM Increasing Bolt Production, Per Sustainability Report

The Orion plant will also produce Maven autonomous car.

by on Jun.13, 2018

Chevy Bolt production will be increased for this year and next due to rising demand for the EV.

General Motors Co. said will increase production of its Bolt battery-electric vehicle this year in response to global demand, according to 2017 sustainability report it released ahead of the company’s annual shareholders meeting.

The Bolt EV is built at GM’s Orion Assembly plant in suburban Detroit.

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GM Chairman and CEO Mary Barra also said at least 20 new all-electric vehicles will launch globally by 2023, and that GM is partnering with utilities and governments to accelerate the growth of charging infrastructure as it looks to deliver on its vision of an “all-electric, emissions-free” future. “We believe the future is electric,” she said. (more…)

Polestar Will Pump Up New Volvo S60 Performance Model

Volvo takes performance to new level with modified S60 sedan.

by on Jun.13, 2018

The 2019 Volvo S60 Polestar Engineered gets unique Brembo brakes, among other modifications.

Few brands have done more to try to transform their image in recent years than Volvo, and the new S60 T8 Polestar Engineered sedan should continue shifting the Swedish marque in its new direction.

The latest version of the S60 not only puts more of a premium on sporty styling but backs it up with a 415-horsepower engine. But that’s no ordinary powerplant. No V-8s or turbo-sixes for this new Volvo. It’s a Polestar-modified version of the carmaker’s T8 plug-in hybrid, the top-performing version of its all-four-cylinder line-up.

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“The new S60 T8 Polestar Engineered is an electrified car that does what you want it to,” said Volvo’s Senior Vice President of R&D Henrik Green. “All components have been fine-tuned to work together, delivering a responsive and exciting driver’s car.”

(more…)

GM Impacted Already by Rising Costs Due to Trump Tariffs

CEO Barra says no changes planned yet.

by on Jun.12, 2018

General Motors Chairman and CEO Mary Barra talks with media prior to the start of the 2018 General Motors annual shareholders meeting.

Tariffs on aluminum and steel are already beginning to push up costs General Motors top executive acknowledged before the company’s annual shareholders meeting in Detroit.

GM is beginning to see cost increases as a result of the tariffs imposed on aluminum and steel by the Trump administration, GM Chairman and Chief Executive Officer Marry Barra said Tuesday ahead of the company’s meeting.

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Barra told reporters that the trade negotiations are still incomplete so it is difficult to have a complete picture of the impact of tariffs will have on the General Motors or the automobile industry in general.  (more…)

Tesla Slashing Up to 9% of Workforce

Up to 3,000 likely to lose jobs, but assembly, battery-plant workers expected to be spared.

by on Jun.12, 2018

Tesla CEO Elon Musk told employees that the company would lay off 9% of the workforce in a letter.

Tesla will lay off as many as 3,000 workers, or nearly 9% of its workforce, in a bid to reorganize and address endemic problems, according to a letter sent by CEO Elon Musk to company employees.

The first layoffs reportedly were set to take effect this week, according to website Electrek, which obtained a copy of the letter. The automaker subsequently confirmed that the layoffs will take place, but emphasized that production workers will be spared, the cuts targeting the salaried side of a workforce that grew to around 30,000 after last year’s acquisition of Solar City.

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If anything, Tesla has been trying to expand the workforce at both its Fremont, California assembly plant and Reno, Nevada Gigafactory in an effort to finally put production of the critical Model 3 battery-sedan on track. Musk recently said Tesla is on track to roll out about 5,000 of the vehicles a week by the end of this month, a roughly 250% increase from the end of the first quarter – though still well below its original target. (more…)

Mercedes Previews Electric EQA With Concept Drive in Sicily

Production model set to join new Mercedes-EQ sub-brand.

by on Jun.12, 2018

Mercedes-Benz EQA concept though still a year from production is clearly making plenty progress toward road-readiness.

While Mercedes is still a year away from introducing its all-new EQ battery-electric sub-brand, it’s giving a preview of what’s to come with these images of the Concept EQA sedan being driven through the Sicilian countryside.

A production version of this prototype, which made its debut at the Frankfurt Motor Show last autumn, will be part of a fast-growing line-up of long-range electric models, the EQC crossover set to launch the Mercedes-EQ brand-within-a-brand in 2019.

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Parent Daimler AG is committing billions in its drive to electrify virtually its entire line-up, with everything from mild hybrids to pure battery-electric vehicles in the planning to pre-production stage. By 2022, the automaker has said, it wants to have 10 BEV models in the Mercedes line-up alone. Add various forms of hybrids and fuel-cell vehicles and there will be 60 electrified Mercedes models and variants available by then. (more…)

First Look: 2019 Ford Mustang Shelby GT350

Handling and control matches power and speed.

by on Jun.11, 2018

The 2019 Ford Mustang Shelby GT350 offers plenty of power and improved handling.

The competition in the sports car segment is hot, and Ford is one of the better automakers about finding ways to constantly improve its entry, the Mustang, on a regular basis.

Whether it’s a full makeover or simply an upgrade of its special edition vehicles like the new Ford Mustang Shelby GT350 — and the upcoming GT500 — the automaker continually ensures its legion of loyal fans are sated while drawing new fans to keep sales up over the years.

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The new GT350 has a variety improvements to keep that tradition rolling along. (more…)

First Drive: 2019 Volvo V60

A wagon for those who want style, function and performance, not just trendiness.

by on Jun.11, 2018

The new 2019 Volvo V60 shows that Volvo is still the leader when it comes to wagons.

“You don’t need a weatherman to know which way the wind blows,” or so Bob Dylan once sang, and this particular morning, we know the wind – carrying some torrential rain – is blowing in off the Mediterranean as we head out for a day’s drive in the all-new Volvo V60. But before we can get much beyond the gates of our hotel in the suburbs of Barcelona, Spain, our new wagon will have to do a good impression of the taller, more off-roadworthy Volvo XC60, fording a good foot of water swirling like a tempest under the railroad bridge leading to the main highway.

The torrent cleared, the rest of the drive up through the now-sodden countryside and up towards the millennium-old abbey atop the craggy Montserrat mountain will be a relative breeze although, on this particular morning, the rain in Spain is definitely not just falling on the plain.

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While we’d certainly have preferred the sort of warm and sunny day the Catalan coast is known for, the stormy weather is actually giving us a chance to test the mettle of the 2019 Volvo V60 at the extremes, and as we will discover by the end of a long day’s driving, it’s more than up to the task. While it might not be as trendy as the taller XC60, the SUV that was named North American Utility Vehicle of the Year in January, the V60 boasts the sort of nimbleness, functionality and styling that should make even wagon-averse Americans pause to take notice. (more…)

Porsche Renames Mission E “Taycan” and Will Expand All-Electric Line-up

Automakers expect half of its line-up will be plug-based by 2025.

by on Jun.11, 2018

Porsche's Mission E all-electric vehicle gets a name now: Taycan. Pronounced tie-con, the new model is still going to through some tests as shown here.

Porsche’s Mission E battery-electric vehicle has a new name. It will now be called “Taycan,” which the German automaker says is the term for a “lively young horse,” in Turkish – and a reference to the horse on its corporate crest.

The new model, which is set for release early in 2019, will be Porsche’s first all-electric model, but clearly not its last, a senior company official indicating plug-in hybrids and all-electric models, like Taycan, are expected to generate half of the brand’s sales by 2025.

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The Porsche Taycan will be part of a wave of new all-electric luxury and performance vehicles set to come to market between now and the end of the decade that will take direct aim at Tesla. Jaguar is just launching its first battery-electric vehicle, the I-Pace SUV, with Audi following this year with its own BEV, a variant of its popular Q5. (more…)

Honda, Chevrolet Take Top Spots on Best Family Car List

The VW Atlas also surprised by taking an award.

by on Jun.08, 2018

The new Chevrolet Traverse with its new design nabbed a Top 10 Family Car honor.

Families looking for a new vehicle to haul the clan from soccer game to recital to birthday party should probably start their search as their local Honda and Chevrolet dealers.

The two automakers each had two vehicles fall in the top 10 of top family cars for 2018 as ranked by Parents magazine and Edmunds. The 2018 Honda Odyssey and Accord and Chevrolet Traverse and Malibu are four of the top 10 on the list.

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“We’re not playing favorites in terms of why there are two Hondas and two Chevrolets. The vehicle had to have a top safety score from NHTSA and the Insurance Institute for Highway Safety to be considered,” said Brent Romans, senior analyst at Edmunds. “That narrowed down the list.” (more…)

Volvo Hopes to Electrify Customers – and Investors

All-electric models now expected to generate half its sales by mid-2020s, with 1/3 self-driving.

by on Jun.08, 2018

The Volvo 40.2 Concept hints at what's coming with the marque's first all-electric vehicle.

Volvo took a lead in the push into electrification last year, announcing it would use some of battery-based drive system on all future products, whether mild, conventional or plug-in hybrids, or pure battery-electric. And, last January, it gave us a hint of what that first BEV would be with the debut of its 40.2 concept.

The production version will follow in 2019 and, if Volvo’s latest forecast is any indication, so will plenty of other all-electric models, as the Swedish automaker now says it wants them to generate half of its sales by mid-decade.

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The mid-term plan Volvo is laying out is nothing if not ambitious. It also predicts that half of the Chinese-owned automaker’s sales will come from self-driving vehicles, and that half of its volume will come through its Care by Volvo subscription service, rather than conventional sales and leasing. Oh, and add a goal of boosting volume – and profitability – to match other premium manufacturers.

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