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Archive for the ‘Sales’ Category

Hyundai Shows Off Electric Version of Kona Crossover

New electric crossover gets 258 miles on a charge.

by on Oct.10, 2018

The new 2019 Hyundai Kona electric has a range of 258 miles.

Hyundai has unveiled a battery-electric version of the Kona crossover, the company’s first compact electric crossover for the U.S. market, which it hopes appeals to consumers with active, eco-focused lifestyles of all kinds.

“Our new Kona Electric crossover is a stylish and efficient compact CUV, tailored to the needs of customers who pursue eco-focused active lifestyles requiring generous range,” said Mike O’Brien, vice president of Product, Corporate and Digital Planning, Hyundai Motor America.

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“We’re confident it will set new standards for the electric-propelled compact CUV segment, with outstanding range flexibility, appealing design, cutting-edge connectivity and class-leading available safety features,” O’Brien added. (more…)

First Drive: 2019 Ford Edge ST

Automaker creates its fastest SUV ever.

by on Oct.09, 2018

Ford is looking to pump some excitement into its midsize SUV with an ST performance package.

Ford Motor Co. has offered, sometimes with minimal fanfare, a wide variety of very impressive performance vehicles that have turned some relatively sedate vehicles into something else for enthusiastic fans in Europe, North America and China.

Now Ford is offering the first SUV from its performance team — the 2019 Ford Edge ST, which is powered by a 2.7-liter EcoBoost V6 engine that has been calibrated to produce 335 horsepower and 380 foot-pounds of torque with the help of an all-new 8-speed transmission. Ford also says it is capable of going from zero to 60 in less than six seconds making it the quickest SUV ever put on the road by Ford.

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The 2019 Edge ST is also equipped with all-wheel drive disconnect. The technology, a first for Ford, uses information received from dozens of sensors and artificial intelligence to determine within milliseconds whether all-wheel drive is needed, and then seamlessly shift between FWD and AWD without the need for driver input to save fuel. (more…)

Power Study Finds “Total Lack of Trust” in Autonomous Vehicle Technology

More than four in ten say they “would never ride” in self-driving vehicle.

by on Oct.09, 2018

Looks like its going to take Waymo rides, er, way more rides in Waymo's autonomous minivan to change opinions.

Even as automakers rush to bring autonomous and completely self-driving vehicles to market, perhaps as soon as the end of the decade, there’s a deep distrust of the technology, with more than four out of 10 Americans saying they “would never ride in a fully automated vehicle.

The lack of trust runs deep, according to Robert Lajdziak a researcher with J.D. Power and Associates, which conducted the new study in partnership with the National Association of Mutual Insurance Companies, or NAMIC. Significantly, just as federal regulators have announced plans to ease restrictions on testing autonomous vehicles on public roads, those surveyed by Power and NAMIC questioned whether the government – as well as automakers and tech companies – can properly ensure the safety of the public.

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The new study likely reflects the fact that “people’s opinions have been swayed” by recent incidents involving semi- and fully autonomous vehicles, including a fatal Uber crash earlier this year in Tempe, Arizona, said Lajdziak, in an exclusive interview with TheDetroitBureau.com ahead of the release of the new study. (more…)

Jeep to Launch Renegade Plug-In Hybrid in 2020

Automaker set to have 12 electrified models in productions by 2022.

by on Oct.09, 2018

In 2020, Fiat Chrysler will offer a plug-in hybrid version of the Jeep Renegade to kick off its electrification program.

After a slow start, Fiat Chrysler Automobiles is plugging into battery power in a big way, the Euro-American automaker confirming plans to introduce a plug-in hybrid version of the Jeep Renegade in early 2020.

That follows the launch of a so-called “mild” hybrid system on the all-new Jeep Wrangler launched last year. The system, known as eTorque, is also being used on the completely overhauled 2019 Ram 1500 pickup just now rolling into U.S. showrooms.

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The Jeep Renegade PHEV will mark a major push into battery power for FCA, the company recently announcing that its various brands will introduce a dozen more advanced electrified models by 2022, ranging from conventional “full” hybrids to plug-ins to all-electric offerings. They will cover a wide spectrum of models and price segments, including the all-new plug-in supercar being developed by the Alfa Romeo brand. (more…)

Mercedes-Benz Kicks Off GLE Production in Alabama

Automaker charging ahead on EV facilities.

by on Oct.09, 2018

Markus Schäfer, member of the Divisional Board of Management Mercedes-Benz Cars, and Jason Hoff, president and CEO of MBUSI, kick off GLE production in Alabama.

The first all-new Mercedes-Benz GLE, which is based on a completely new SUV platform, left the production lines in Tuscaloosa, Alabama, last week as the company also broke ground on a new battery plant near the site of the German automaker’s assembly plant in the southern U.S.

“The widely export oriented Mercedes-Benz plant in Tuscaloosa is a high-tech production facility with a successful history and an exciting future in terms of our brand in the United States,” said Markus Schaefer, head of Mercedes-Benz Cars, Production and Supply Chain, who was on hand for the ceremony attended.

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“We aim to play a pioneering role in the development of e-mobility and are well prepared to accomplish this mission,” he said. (more…)

Faraday Fritters Away Funding, Future Fading Fast — Again

Company not paying vendors while fighting with investor.

by on Oct.08, 2018

More than 300 Faraday workers gathered at the plant last weekend to help clean it up.

Less than a year after it was rumored to be out of money, budding electric vehicle maker Faraday Future appears to be out of money again — even after getting an $800 million infusion from a Chinese conglomerate.

According to a filing with Hong Kong Stock Exchange, the healthcare division of Chinese real estate group Evergrande is accusing Faraday Future founder and CEO Jia Yueting of trying to back out of the deal the two sides made in January.

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Evergrande officials claim that Jia blew through the $800 million and wanted another $700 million, and say they will take “all necessary actions” to protect itself and its shareholders. Conversely, Jia claims the company agreed to make two payments and after making the first, is trying to get out of the second, a $700 million payment due in 2019. (more…)

VW Back in the Global Sales Lead, But Toyota Returns to #2

Final months of 2018 could bring an epic battle.

by on Oct.08, 2018

Volkswagen appears to be the top selling automaker in the world with less than three months left in the year.

With 2018 quickly drawing to a close, Volkswagen appears to have cemented the global sales crown to its corporate head, rapidly gaining ground from its two closest competitors.

But rivals Toyota and the Renault-Nissan-Mitsubishi Alliance are facing a classic, neck-and-neck battle that could see them fighting it out until the last sale is counted, according to data compiled by research firm Focus2Move, for second place.

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One long-time contender, meanwhile, has dropped out of the race entirely. General Motors, which led the global auto industry for more than seven decades, is well out of the running after selling off its European Opel subsidiary and shuttering operations in several other markets, including Russia and India. (more…)

Strong Demand, Interest Rates Causing Jump in Used Car Prices

Compact, midsize sedans driving the shift.

by on Oct.08, 2018

Used vehicle prices are on the rise and that's unlikely to change in the near term, especially for compact and midsize sedans.

Car buyers looking for a deal by getting a used car are going to be sorely disappointed — used vehicle prices are on the rise.

According to the latest data from Manheim, used vehicle values set a new record for the third month in a row, which is unusual. The abnormal summer bounce began in mid-June and drove prices higher for 11 straight weeks.

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That changed some with the arrival of September, which saw several weeks of normalizing depreciation. However, it wasn’t enough to offset the overall jump in prices as 3-year-old vehicles are now worth 4.5% more than they would normally be worth had typical depreciation occurred through July and August, according to Manheim. (more…)

Ford Readying for Launch of New Midsize Ranger Pickup

Once mothballed nameplate being built near Detroit.

by on Oct.08, 2018

Ford will offer a wide range of Ranger body styles, beds and powertrain configurations.

Ford Motor Co. has released the horsepower, torque, towing and payload numbers for the all-new 2019 Ford Ranger, as the launch of Ford’s long-awaited now-midsize pickup draws closer.

The company confirmed it will begin building the new version of the Ranger, which was one of truck the automaker’s most popular and most durable vehicles, at the Michigan Assembly Plant in suburban Detroit before the end of the year.

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The original Ranger made its debut in the early 1980s and remained in production until December 2011 when Ford finally closed the assembly plant in St. Paul, Minnesota. (more…)

Polestar Moving Ahead With Development of New EV

Company testing verification prototypes in Sweden.

by on Oct.05, 2018

The all-new Polestar 1 performance PHEV is taking another step toward production with verification prototypes being tested in Sweden.

The development of the battery electric vehicles from Polestar, Volvo’s emerging battery electric vehicle brand, has taken another step forward.

The development of the Polestar 1 has moved off the computer and drawing board “with the production of the first series of “road-going” verification prototype, or VP, cars in Sweden.

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“The assembly of the VP cars means that the Polestar 1 has taken its next step towards production,” says Thomas Ingenlath, chief executive officer of Polestar.  (more…)