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Posts Tagged ‘new york international auto show’

Green Isn’t Gone From NY Auto Show

It ain’t easy being green, but it sure can be fun! 

by on Apr.14, 2017

This Lucid Air prototype set a new record pushing 217 mph on a track using electric motors on each axle.

Performance and muscle cars dominate the New York International Auto Show this year, with everything from the 840-horsepower, wheelie-popping Dodge Demon to the more subtle but equally jaw-dropping Koenigsegg Agera RS1, at 1,360-horsepower, making their debut at the Jacob Javits Convention Center.

There are high-performance SUVs, exotic sports cars, coupes and, well, just about everything that you can imagine. Perhaps that’s no surprise considering the fact that gas remains cheap and the Trump Administration is hinting it may roll back the aggressive fuel-economy mandates that were expected to rise to 54.5 mpg by 2025.

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But while the green machines that have had such a high-profile presence at the New York International Auto Show in recent years may be taking a back seat, they are far from gone entirely. In fact, some of the more intriguing debuts during this past week’s media preview show that environmentally friendly vehicles are becoming even more of a presence than ever. (more…)

EV Maker Lucid Looks to Challenge BMW, Mercedes

CEO says market has room for Lucid and Tesla.

by on Apr.13, 2017

Lucid Motors' Peter Rawlinson discusses the company's new model, the Lucid Air, during the New York International Auto Show.

Can anything top Tesla, the California electric vehicle manufacturer that this week topped General Motors in terms of its market capitalization and which hopes to deliver a five-fold increase in sales between 2016 and 2018?

Some folks are pointing to another small battery-car start-up, Lucid Motors, as the most serious challenger. The start-up made a splashy debut at the New York International Auto Show on Thursday, previewing not only a prototype of the production car it hopes to bring to market in 2019, but also a test vehicle that recently clocked a record 217 mph test track run.

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Lucid’s numbers are certainly impressive, the production model expected to punch out 1,000 horsepower from a pair of electric motors, one driving the front axle, the other on the rear, creating what is sometimes called a through-the-road all-wheel-drive system. (more…)

Trump’s Border Tax Plan Headed for Oblivion

Economist suggests it would have caused a trade war.

by on Apr.13, 2017

Pressure from the CEOs of Ford, General Motors and Fiat Chrysler may have helped derail President Trump's border tax plans.

The chances that the Trump administration will be able to impose a border tax on imports into the United States appears to be declining and pressure from the auto industry may have played a significant role.

Early in his presidency, Trump indicated that he viewed the border tax as tool for rebuilding the manufacturing base in the United States, which was one of, if not the central promise he made repeatedly during the contentious 2016 Presidential campaign.

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However, chances of the Trump administration triggering a trade war with the border tax appear to have diminished. (more…)

Porsche Readying to Rule US Performance Market

Maker updates four models to better compete.

by on Apr.13, 2017

Porsche plans to offer 20 variations of its vehicles to keep sales strong in the highly competitive U.S. market in the next few months.

The U.S. is the most important performance market in the world and Porsche plans over the next few months to offer more than 20 new variations of its vehicles to its American and Canadian customers to ensure it stays on top, according to Klaus Zellmer, Porsche USA CEO.

“Demand for performance cars in the U.S. has never been stronger,” Zellmer said during the company’s press conference at the New York International Auto Show.

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He also noted that the German sport car maker also offers more choices than its competitors. “Our line-up has never been better balanced between two and four door models,” added Zellmer. (more…)

Mercedes Keeps Riding the SUV Boom with AMG Offerings

New GLC63 S Coupe runs 0 to 60 in 3.7 seconds.

by on Apr.12, 2017

Mercedes unveiled its new GLC63 S Coupe at the NYIAS. The AMG-tuned model sprints from 0 to 60 mph in 3.7 seconds.

Sport utility vehicles now account for more than 30% of the vehicles sold by Mercedes-Benz worldwide and the German luxury car brand is preparing to expand its SUV offerings with a pair of unique vehicles from its AMG performance brand.

Brita Seeger, head of Mercedes-Benz Cars sales and marketing, noted during a presentation at the New York International Auto Show that during the past four years Mercedes-Benz had completely renewed C-, E- and S-Class lines “with amazing new design and technology.

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Mercedes-Benz has also renewed its SUV portfolio, which has helped boost Mercedes to four consecutive years of stronger sales. (more…)

Toyota Adding 100K Trucks, Utes to Production Plans for 2017

Maker needed to bolster output to meet demand.

by on Apr.12, 2017

Toyota EVP Bob Carter (left) said the automaker plans to add 100,000 trucks and SUVs to its production rolls this year to meet demand.

Toyota plans to build an additional 100,000 trucks and sport utility vehicles this year to meet rising consumer demand, Bob Carter, Toyota executive vice president, told the NADA-J.D. Power Automotive Forum on the eve of the New York International Show, but it’s not giving up on cars.

Carter stressed that Toyota isn’t about to give up on the midsize passenger car segment, which remains one of the largest segment in the industry despite three years of decline that continued during the first quarter of 2017.

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Toyota has sold about 10 million Toyota Camrys over the years and is preparing to launch a new version this year. The preparations for the launch of the next generation Camry are one of the reasons that Toyota confirmed once again this week it plans to invest of $1.3 billion in the company’s manufacturing complex in Georgetown, Kentucky. (more…)

Toyota Trying to Appeal to Millennials with FT-4X Concept

New ute designed to meet demands of younger buyers.

by on Apr.12, 2017

Toyota's looking to appeal to millennials with the new FT-4X Concept at this year's New York International Auto Show.

If Toyota’s latest concept vehicle debuted in New York is any indication, the Japanese automaker believes that millennials are buying new vehicles as the FT-4X Concept is aimed squarely at that segment.

The almost Lego-ish SUV concept evokes a sense of what the recently discontinued FJ Cruiser might look like in another decade or so. However, this is designed to allow millennials to live their lives on their terms: no boundaries and quick decisions.

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It’s a four-wheel drive toolbox penned by Toyota’s Calty Design Research Inc. in Newport Beach, California. With its long list of unique functionalities and a Rugged Charm compact design, the FT-4X is the seamless conduit of popular Casualcore – rather than hardcore – outings by anyone, anytime. (more…)

Jaguar Looking to Draw F-Type Buyers with Four Models

The "F" stands for four cylinder!

by on Apr.12, 2017

The Jaguar F-Type gets a 4-cylinder engine for 2018, putting out 296 horsepower.

When it comes to high-priced vehicles, it’s all about options. Jaguar is now taking that to the extreme with its 2018 F-Type line-up offering a portfolio that provides choices ranging from Jaguar’s first 4-cylinder engine to a 575 horsepower tricked-out model.

In all, the maker is offering 24 derivatives that include the 296 hp Ingenium 4-cylnder entry-level model to the 200 mph all-wheel drive 575-hp V8-powered F-Type SVR with prices ranging from just under $60k to $125k when it hits the market later this year.

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“Introducing our advanced four-cylinder engine to the F-Type has created a vehicle with its own distinct character,” said Ian Hoban, Vehicle Line director, Jaguar F-Type. “Performance from an engine of this size is remarkable and is balanced with improved fuel efficiency and affordability, making the F-TYPE experience more accessible than ever before.” (more…)

Kia Spices Up 2018 Rio with New Design, Updated Engine

Next-gen models make U.S. debut.

by on Apr.12, 2017

The 2018 Kia Rio gets an updated exterior and engine for the new model.

Kia’s fifth generation Rio is everything you want the next version of a vehicle be: bigger, better, faster, smarter and better on gas.

The new South Korean maker’s new subcompact for 2018 gets a new-look exterior that centers on a longer vehicle and a new take on the company’s well-known tiger-nose grille as well as an improved powerplant and an influx of infotainment and safety technology.

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The company rolled out the sedan and five-door at the New York International Auto Show to make their U.S. debut. The value-based subcompact hits dealer showrooms later this year, executives said. (more…)

AutoNation’s Jackson Rains on Tesla’s Valuation Parade

CEO claims GM is undervalued.

by on Apr.11, 2017

AutoNation CEO Mike Jackson (right) said today that Tesla was overvalued while GM was just the opposite.

Tesla stock is clearly overvalued while General Motors is undervalued, AutoNation CEO Mike Jackson said during an appearance at the annual Automotive Forum hosted by NADA J.D. Power the day before the New York International Auto Show.

While Jackson’s view is held by plenty of industry folks, at least one auto executive believes that Tesla’s current valuation is rooted in something substantial. Mark O’Neil, COO of Cox Automotive, noted that Tesla is changing consumer expectations of the automotive retailing experience.

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However, Jackson’s belief may be more rooted in the perspective that the traditional U.S. automakers are currently undervalued. He said today’s reality is that, “Gas is affordable as far as the eye can see.” (more…)