The Truth About Cars » Luxury http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Mon, 24 Nov 2014 18:48:03 +0000 en-US hourly 1 http://wordpress.org/?v=4.0 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » Luxury http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/news-blog/luxury-news-blog/ De Nysschen: $250K Cadillac Flagship Ready By 2029 http://www.thetruthaboutcars.com/2014/11/de-nysschen-250k-cadillac-flagship-ready-2029/ http://www.thetruthaboutcars.com/2014/11/de-nysschen-250k-cadillac-flagship-ready-2029/#comments Fri, 21 Nov 2014 15:00:31 +0000 http://www.thetruthaboutcars.com/?p=949177 The upcoming Cadillac CT6 may be the premium brand’s flagship for now, but president Johan de Nysschen has a grander flagship in mind for the next decade. Reuters reports the future flagship would likely arrive in 2029 with a price of $250,000, bringing Cadillac up to par against the likes of Rolls-Royce and Bentley. This […]

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Cadillac President de Nysschen poses with the Cadillac ATS-V during the model's world debut at the Los Angeles Auto Show in Los Angeles

The upcoming Cadillac CT6 may be the premium brand’s flagship for now, but president Johan de Nysschen has a grander flagship in mind for the next decade.

Reuters reports the future flagship would likely arrive in 2029 with a price of $250,000, bringing Cadillac up to par against the likes of Rolls-Royce and Bentley. This would supercede not only the CT6, but a planned range-topping flagship due to arrive by 2020 per de Nysschen’s roadmap for his brand.

In the meantime, the CT6 is expected to be priced “in the 70s,” just above the current XTS. De Nysschen is also eyeing a vehicle below the ATS that would go up against the Mercedes-Benz CLA, as well as pondering additional crossovers to lend aid to the SRX, citing the Germans’ wide array of crossovers for inspiration.

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Los Angeles 2014: Porsche Panamera Exclusive Series Debuts http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-porsche-panamera-exclusive-series-debuts/ http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-porsche-panamera-exclusive-series-debuts/#comments Wed, 19 Nov 2014 23:10:49 +0000 http://www.thetruthaboutcars.com/?p=948041 In the market for a new Panamera, yet fear it may be a tad pedestrian? Porsche’s got you covered. For just $264,895 to start — approximately the same base price for the Rolls-Royce Ghost — one can purchase the Panamera Exclusive Series, based upon the Turbo S Executive. Each of the 100 limited-edition models possess […]

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In the market for a new Panamera, yet fear it may be a tad pedestrian? Porsche’s got you covered.

For just $264,895 to start — approximately the same base price for the Rolls-Royce Ghost — one can purchase the Panamera Exclusive Series, based upon the Turbo S Executive.

Each of the 100 limited-edition models possess a 4.8-liter turbocharged V8 upfront that will send 570 horses with 590 lb-ft of overboosted torque to all four corners. The sedans also receive a hand-painted two-tone suit, 20-inch wheels, multi-toned Italian leather, and a newly developed entertainment system — dubbed plus — to keep your friends entertained. The more jet-set crew can enjoy made-to-measure luggage, as well.

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Los Angeles 2014: BMW X5 M, X6 M Revealed http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-bmw-x5-m-x6-m-revealed/ http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-bmw-x5-m-x6-m-revealed/#comments Wed, 19 Nov 2014 22:50:38 +0000 http://www.thetruthaboutcars.com/?p=947953 Forget DMX: BMW is giving it to you times two, with the unveiling of its M-enhanced X5 and X6 crossovers. Both Xs boast a 4.4-liter V8 with twin-scroll turbocharging, direct fuel injection, and BMW’s Valvetronic airflow-regulation system. The end result: 567 horses and 553 lb-ft of torque pushed through all four corners via an M-tuned […]

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Forget DMX: BMW is giving it to you times two, with the unveiling of its M-enhanced X5 and X6 crossovers.

Both Xs boast a 4.4-liter V8 with twin-scroll turbocharging, direct fuel injection, and BMW’s Valvetronic airflow-regulation system. The end result: 567 horses and 553 lb-ft of torque pushed through all four corners via an M-tuned eight-speed auto, moving the crossovers from naught to 60 in 4 seconds.

The X5 M and X6 M receive the usual M-specific treatments throughout, while also saving the driver’s wallet at the pump, delivering a 20 percent boost in fuel efficiency per the European cycle; EPA cycle figures will come soon enough.

That said, the wallet will feel pain: $100,000 base for the X5 M, $103,000 for the base X6 M. Both crossovers will arrive in U.S. showrooms next spring.

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Los Angeles 2014: Mercedes-Maybach S600 Bows http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-mercedes-maybach-s600-bows/ http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-mercedes-maybach-s600-bows/#comments Wed, 19 Nov 2014 22:30:19 +0000 http://www.thetruthaboutcars.com/?p=947873 Jay Z, Kanye, meet your new Otis. Mercedes-Benz unveiled the first vehicle from the Mercedes-Maybach lineup, dubbed the S600. The ultra-exclusive, ultra-premium sedan receives power from a twin-turbo 6-liter V12, punching 523 horsepower and 612 lb-ft of torque to the back as it speeds the S600 from nil to 62 mph in five seconds, topping […]

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Jay Z, Kanye, meet your new Otis.

Mercedes-Benz unveiled the first vehicle from the Mercedes-Maybach lineup, dubbed the S600. The ultra-exclusive, ultra-premium sedan receives power from a twin-turbo 6-liter V12, punching 523 horsepower and 612 lb-ft of torque to the back as it speeds the S600 from nil to 62 mph in five seconds, topping out at 155 mph.

Performance aside, the sedan offers CEOs and dictators alike more rear headroom and 6.3 inches of legroom due to its lengthened wheelbase. The power barons of the world can also enjoy an onboard bar with a pair of silver champagne flutes, reclining seats with calf supports, fold-out tables with leather inserts et al.

The first U.S.-bound Mercedes-Maybachs are expected in showrooms by April 2015 at the earliest.

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Mercedes Unveils New Nomenclature Scheme, Maybach Addition http://www.thetruthaboutcars.com/2014/11/mercedes-unveils-new-nomenclature-scheme-maybach-addition/ http://www.thetruthaboutcars.com/2014/11/mercedes-unveils-new-nomenclature-scheme-maybach-addition/#comments Wed, 12 Nov 2014 12:00:45 +0000 http://www.thetruthaboutcars.com/?p=944465 Mercedes-Benz is shaking things up as far as its long-standing nomenclature system is concerned, as well as introducing a new name to the portfolio: Mercedes-Maybach. The first Mercedes-Maybach, the Mercedes-Maybach S600, will make its way down the ramp during next week’s 2014 Los Angeles Auto Show. On the boot lid, the new sub-brand will follow […]

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Mercedes-Benz is shaking things up as far as its long-standing nomenclature system is concerned, as well as introducing a new name to the portfolio: Mercedes-Maybach.

The first Mercedes-Maybach, the Mercedes-Maybach S600, will make its way down the ramp during next week’s 2014 Los Angeles Auto Show. On the boot lid, the new sub-brand will follow Mercedes-AMG’s display pattern: Maybach on the left, Mercedes star in the center, model designation on the right. The ultra upscale sedan is expected to set the pace for Mercedes-Maybach as a sub-brand “that sets a benchmark for exclusivity and meets even the most discerning of requirements in terms of its appointments.”

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As for the parent brand overall, with 30 vehicles set to be in showrooms by 2020 — including 11 all-new models — Mercedes decided it was time to do some housekeeping, with most of the attention going toward its SUV range. Thus, the following:

  • GLA: GL A-Class
  • GLC: GL C-Class; was the GLK
  • GLE: GL E-Class; was the M-Class, or ML
  • GLE Coupe: GL E-Class Coupe
  • GLS: GL S-Class; was the GL
  • G: No change due to lineage

The L serves as a linking letter between the main class and the five core classes, the latter remaining unchanged. Roadsters will be redesignated as SL beginning in 2016, following the same pattern as established with the G-Class. Engine designations also receive a reboot, and will be displayed in lower-case on the boot lid. Mercedes’ AWD system, 4MATIC, remains unchanged.

New nomenclature Mercedes-Benz model series

New nomenclature Mercedes-Benz drive systems

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Lexus Europe Boss: Teutonic Trinity “Impossible” To Beat http://www.thetruthaboutcars.com/2014/11/uyttenhoven-teutonic-trinity-impossible-beat/ http://www.thetruthaboutcars.com/2014/11/uyttenhoven-teutonic-trinity-impossible-beat/#comments Tue, 11 Nov 2014 15:00:13 +0000 http://www.thetruthaboutcars.com/?p=944057 While American premium brands Cadillac and Lincoln look to the Germans for inspiration — and their places on the podium — Lexus Europe chief Alain Uyttenhoven proclaimed that the Teutonic Trinity — BMW, Mercedes and Audi — were “impossible” to beat on a global scale, settling for fourth if possible. According to Just-Auto, Uyttenhoven says […]

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2014 Lexus CT200

While American premium brands Cadillac and Lincoln look to the Germans for inspiration — and their places on the podium — Lexus Europe chief Alain Uyttenhoven proclaimed that the Teutonic Trinity — BMW, Mercedes and Audi — were “impossible” to beat on a global scale, settling for fourth if possible.

According to Just-Auto, Uyttenhoven says the parent company is “out of its adolescence,” a turbulent time that included taking a one-two combo from the Great Recession and the 2011 Tōhoku earthquake and tsunami. Global sales prior to the occurrences topped out at 518,000 in 2007, with 2013 sales hitting a new peak of 523,000 units sold. That figure is just a quarter of what Audi aims to sell by 2020.

He adds that after establishing a reputation for high quality, customer service and environmental responsibility, Lexus will now focus on “emotion.” Thus, more high-performance vehicles with better driving dynamics, and likely more Predator grills. Diesels in Europe, on the other hand, will need more work:

The next big discussion will be about particulates. CO2 is not behind us, but we have to go to 99g/km by 2020. So, diesel has been growing because that CO2 average is easier to achieve with diesel. But the cost of purifying a diesel car is going to rise, so in the future, these engines are going to cost a lot more… For us, [petrol] hybrid is the answer.

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Los Angeles 2014: Jaguar F-Type Coupe R AWD Unveiled In South Africa http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-jaguar-f-type-coupe-r-awd-unveiled-south-africa/ http://www.thetruthaboutcars.com/2014/11/los-angeles-2014-jaguar-f-type-coupe-r-awd-unveiled-south-africa/#comments Mon, 10 Nov 2014 14:00:47 +0000 http://www.thetruthaboutcars.com/?p=943489 Deciding two wheels weren’t enough, Jaguar unveiled its 2016 F-Type Coupe R in South Africa, which puts all four on the floor instead of just the two in the back. AutoGuide reports the sports car is able to charge from the starting grid to 60 mph in just 3.9 seconds, hitting the speed wall at […]

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Deciding two wheels weren’t enough, Jaguar unveiled its 2016 F-Type Coupe R in South Africa, which puts all four on the floor instead of just the two in the back.

AutoGuide reports the sports car is able to charge from the starting grid to 60 mph in just 3.9 seconds, hitting the speed wall at 186 mph. The AWD R will be just one of 12 options available to F-Type shoppers by 2016, expanding from just six at present. The expansion is due to the introduction of AWD.

The F-Type Coupe R was also used to help establish communications protocol between the pilot behind the Bloodhound SSC — who will break the sound barrier on the ground on its way to over 1,000 mph — and the vehicle’s team, radioing a jet flying 50 feet above the ground at 500 mph over the Hakskeen Pan.

More details and photos will come next week, when the AWD F-Type Coupe R rolls down the ramp at the 2014 Los Angeles Auto Show.

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Tesla: Model X Delayed Until Q3 2015, D Models In High Demand http://www.thetruthaboutcars.com/2014/11/tesla-model-x-delayed-q3-2015-d-models-high-demand/ http://www.thetruthaboutcars.com/2014/11/tesla-model-x-delayed-q3-2015-d-models-high-demand/#comments Thu, 06 Nov 2014 13:00:55 +0000 http://www.thetruthaboutcars.com/?p=941801 Were you hoping to have a Tesla Model X next to your Model S sometime in the next few months? How does Q3 2015 sound? CEO Elon Musk informed investors during his company’s quarterly earnings call Wednesday that the electric SUV would be delayed until the aforementioned quarter to insure quality would be Job No. […]

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Were you hoping to have a Tesla Model X next to your Model S sometime in the next few months? How does Q3 2015 sound?

CEO Elon Musk informed investors during his company’s quarterly earnings call Wednesday that the electric SUV would be delayed until the aforementioned quarter to insure quality would be Job No. 1 as tooling and production step-up to handle both the S and the X:

In anticipation of this effort, we now expect Model X deliveries to start in Q3 of 2015, a few months later than previously expected. This also is a legitimate criticism of Tesla — we prefer to forgo revenue, rather than bring a product to market that does not delight customers. Doing so negatively affects the short term, but positively affects the long term.

In other news, Tesla is discontinuing two colors going forward — green and brown — and if you wanted a P85S, you’re out of luck there, as well: the highest-performing model will now be solely the P85D.

Speaking of the S, Q3 2014 sales have gone well for the automaker, with 7,785 units delivered overall and 907 delivered in a single day, the highest figures ever recorded in a quarter for Tesla. Most of the deliveries were in North America.

Demand for the 85D and P85D is also strong, meriting a boost in production capacity to over 2,000 units per week by the end of 2015.

Finally, the D is beating a path toward the Model 3. Per Jalopnik, Musk proclaimed that the dual-motor powertrain is a precursor to what could happen when the low-cost EV arrives, which may entail a FWD model followed by a D version.

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Consumer Reports: Tesla Model S Ranked “Average” In Reliability Survey http://www.thetruthaboutcars.com/2014/11/consumer-reports-tesla-model-s-ranked-average-reliability-survey/ http://www.thetruthaboutcars.com/2014/11/consumer-reports-tesla-model-s-ranked-average-reliability-survey/#comments Tue, 04 Nov 2014 13:00:33 +0000 http://www.thetruthaboutcars.com/?p=940281 Think your Tesla Model S is all that and a bag of Starbucks Pumpkin Spice Latte Doritos? That it says to the world that you’ve arrived? That you’re standing on the edge of a silver future? Consumer Reports says your car’s just “average.” The publication took information from its recent Annual Reliabilty Survey — which […]

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Think your Tesla Model S is all that and a bag of Starbucks Pumpkin Spice Latte Doritos? That it says to the world that you’ve arrived? That you’re standing on the edge of a silver future? Consumer Reports says your car’s just “average.”

The publication took information from its recent Annual Reliabilty Survey — which Tesla cannot partake in full until it has a second model in the lineup, per the survey’s criteria — and found that the 1,353 Model S owners surveyed had similar service experiences as Consumer Reports had in its long-term tester. The comparison with other vehicles the same age as the premium EV helped it earn the “Average” ranking.

The majority of the reports focused on small problems, such as slow-retracting door handles and body-component issues. That said, the publication will continue to recommend the Model S to its readership, noting it was in good company with other high-end vehicles rated as such, including the Acura RLX.

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Mercedes-AMG Buys Stake, Enters Partnership With MV Agusta http://www.thetruthaboutcars.com/2014/11/mercedes-amg-buys-stake-enters-partnership-mv-agusta/ http://www.thetruthaboutcars.com/2014/11/mercedes-amg-buys-stake-enters-partnership-mv-agusta/#comments Mon, 03 Nov 2014 13:00:16 +0000 http://www.thetruthaboutcars.com/?p=939681 Daimler AG’s Mercedes-AMG high-performance luxury brand has decided that two wheels aren’t so bad after all, putting down an undisclosed sum for 25 percent of Italian motorcycle manufacturer MV Agusta S.p.A. In addition to the stake, Mercedes-AMG and MV Agusta will enter into a long-term partnership with a focus on sales and marketing toward consumers […]

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Mercedes-AMG + MV Agusta

Daimler AG’s Mercedes-AMG high-performance luxury brand has decided that two wheels aren’t so bad after all, putting down an undisclosed sum for 25 percent of Italian motorcycle manufacturer MV Agusta S.p.A.

In addition to the stake, Mercedes-AMG and MV Agusta will enter into a long-term partnership with a focus on sales and marketing toward consumers of both high-end cars and motorcycles. No word was given, however, on whether any manufacturing and design DNA will enter into the mix down the road as a result of the new partnership.

MV Agusta President/CEO Giovanni Castiglioni expressed his pleasure with the partnership, stating Mercedes-AMG’s investment would allow his company “to further expand globally,” as well as accelerate said growth. In turn, MV Agusta would “further enhance” his partner’s leadership in the high-performance game. Mercedes-AMG CEO Tobias Moers agreed, adding that the partnership would give his company access “into a world of additional high-performance enthusiasts.”

MV Agusta has sought a dance partner for some time, ever since the Harley-Davidson partnership made in 2008 dissolved completely just two years after. Earlier this year, rumors pointed to Fiat to be the one to take the company’s hand; the rumors did not pan out.

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FCA Spinning Ferrari Off From Parent Company By 2015 http://www.thetruthaboutcars.com/2014/10/fca-spinning-ferrari-parent-company-2015/ http://www.thetruthaboutcars.com/2014/10/fca-spinning-ferrari-parent-company-2015/#comments Wed, 29 Oct 2014 20:19:30 +0000 http://www.thetruthaboutcars.com/?p=938057 By this time next year, Ferrari will no longer be a part of Fiat Chrysler Automobiles, thanks to a plan announced today that will spin the exotic brand off from the rest of the Italo-American automaker. Bloomberg reports FCA will sell 10 percent of its stake to the public, giving the remaining 90 percent to […]

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By this time next year, Ferrari will no longer be a part of Fiat Chrysler Automobiles, thanks to a plan announced today that will spin the exotic brand off from the rest of the Italo-American automaker.

Bloomberg reports FCA will sell 10 percent of its stake to the public, giving the remaining 90 percent to the automaker’s own shareholders. The shares will be listed in the United States stock market, with Europe possibly receiving some of those shares, as well.

According to Morningstar analyst Richard Hilgert, the split “unlocks the value” in the Ferrari brand, which could be worth as much as $7.4 billion. He adds that the move helps pull Ferrari out of the shadow of FCA, citing “the street’s perception of low profitability to no profitability” regarding the automaker’s market performance.

Speaking of performance, FCA stock climbed to $11.56 Wednesday after opening at $11.31, falling to $10.85 at the closing bell. Ferrari stock, meanwhile, would go for $5.90/share for FCA shareholders.

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Tesla, US Bank Team For New Model S Lease Contract http://www.thetruthaboutcars.com/2014/10/tesla-us-bank-team-new-model-s-lease-contract/ http://www.thetruthaboutcars.com/2014/10/tesla-us-bank-team-new-model-s-lease-contract/#comments Wed, 29 Oct 2014 10:00:45 +0000 http://www.thetruthaboutcars.com/?p=937714 Want to own a Model S without worrying about a long-term commitment or how much it’ll hurt your bottom line? CEO Elon Musk has a deal for you. Reuters reports U.S. Bank will offer a lease with a 25 percent decrease in the amount paid per month. Per Musk, the bank was chosen due to […]

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Want to own a Model S without worrying about a long-term commitment or how much it’ll hurt your bottom line? CEO Elon Musk has a deal for you.

Reuters reports U.S. Bank will offer a lease with a 25 percent decrease in the amount paid per month. Per Musk, the bank was chosen due to having a “much lower cost of capital” than Tesla itself. As in previous leases, the lessee only needs to tap once on the vehicle’s touchscreen to agree the terms and conditions of the contract.

In addition to paying less per month a new Model S, Tesla will also offer its Happiness Guarantee to lessees who sign-on. The guarantee allows the lessee to return their vehicle to the automaker within three months if they find anything wrong with the product. However, Musk cautioned that if they wanted a new vehicle right away, they would need to wait a while. Lessees can also upgrade to a newer model after paying a pass-through fee.

U.S. Bank was chosen last year alongside Wells Fargo to enter into a partnership with the automaker to offer potential owners a 10 percent down payment on a new Model S purchase.

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Minnesotan Tesla Owners Offer Test Drives To Potential Customers In Iowa http://www.thetruthaboutcars.com/2014/10/minnesotan-tesla-owners-offer-test-drives-potential-customers-iowa/ http://www.thetruthaboutcars.com/2014/10/minnesotan-tesla-owners-offer-test-drives-potential-customers-iowa/#comments Tue, 28 Oct 2014 13:00:11 +0000 http://www.thetruthaboutcars.com/?p=936938 Iowa may be one of the few states where Tesla itself can’t directly sell its vehicles to the public, but it doesn’t mean owners can’t at least promote the California automaker to potential customers. KCCI-TV in Des Moines reports a group of Minnesotan Tesla owners drove to a local supermarket in Urbandale last weekend to […]

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Iowa Tesla Model S

Iowa may be one of the few states where Tesla itself can’t directly sell its vehicles to the public, but it doesn’t mean owners can’t at least promote the California automaker to potential customers.

KCCI-TV in Des Moines reports a group of Minnesotan Tesla owners drove to a local supermarket in Urbandale last weekend to give Iowans the opportunity to see the Model S first-hand.

One owner stated that the group aren’t fighting against the ban, but are about “sharing new technology” up-close with those who might otherwise view the vehicles from afar.

The group also gave test drives to would-be owners, something that the state’s government has also prohibited Tesla from conducting on its own.

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Lincoln To Undergo $5B Five-Year Extensive Revamp http://www.thetruthaboutcars.com/2014/10/lincoln-undergo-5b-five-year-extensive-revamp/ http://www.thetruthaboutcars.com/2014/10/lincoln-undergo-5b-five-year-extensive-revamp/#comments Mon, 27 Oct 2014 13:00:48 +0000 http://www.thetruthaboutcars.com/?p=936098 Over the next five years, every Lincoln in the showroom presently will either be redesigned or replaced as part of an overall effort by Ford CEO Mark Fields to return to the premium brand to glory. Reuters reports the plan comes with a significant investment: over $5 billion during the next five years. The money […]

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Over the next five years, every Lincoln in the showroom presently will either be redesigned or replaced as part of an overall effort by Ford CEO Mark Fields to return to the premium brand to glory.

Reuters reports the plan comes with a significant investment: over $5 billion during the next five years. The money will be spent to not only revamp the product portfolio, but to help position the portfolio against those of BMW and Mercedes-Benz at home and in China. $2 billion has already been spent in the previous two years, split between preparing the brand for the Chinese market, and refreshing and expanding the lineup before the plan kicks into gear.

The centerpiece of the restoration plan is the D6 platform, which will provide a base for front-, rear- and all-wheel drive sedans and crossovers as early as 2019. Though the platform will be shared with Ford, D6’s purpose is to help set Lincoln apart from the Blue Oval portfolio, and to make the brand more competitive with a stronger base to build upon.

The first models to be built upon the modular architecture include a mid-size sedan and a seven-passenger crossover that could take up with both the MKZ and MKT could leave off. Before then, however, a few redesigns and replacements are set to come, beginning with the redesign of the MKX and replacement of the MKS between the springs of 2015 and 2016. Following up in 2017, the Navigator would gain a new platform from the upcoming 2015 Ford F-150, with aluminum panels to match, while the MKC would get a redesign in 2018.

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Daimler Financially Divests From Tesla, BMW Could Step In http://www.thetruthaboutcars.com/2014/10/daimler-financially-divests-tesla-bmw-step/ http://www.thetruthaboutcars.com/2014/10/daimler-financially-divests-tesla-bmw-step/#comments Thu, 23 Oct 2014 11:00:59 +0000 http://www.thetruthaboutcars.com/?p=935314 Over five years ago, Daimler AG acquired a 9.1 percent interest in Tesla, gaining 1,000 battery packs for its Smart EV in exchange for helping to put the Model S on the road to production. Wednesday, Daimler sold its remaining 4 percent in the company, netting $780 million for the trouble. Despite the divestiture, both […]

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Over five years ago, Daimler AG acquired a 9.1 percent interest in Tesla, gaining 1,000 battery packs for its Smart EV in exchange for helping to put the Model S on the road to production.

Wednesday, Daimler sold its remaining 4 percent in the company, netting $780 million for the trouble.

Despite the divestiture, both automakers will continue cooperating on ongoing projects, such as the Mercedes-Benz B-Class Electric Drive recently launched in the United States. Daimler financial management board member Bodo Uebber said the sale would allow Tesla to “broaden its investor base,” adding that stock ownership wasn’t necessary to the overall relationship between the two companies.

As for who Tesla could now court, Forbes believes BMW could be drawn further into its own relationship with the company. International Strategy & Investment analyst Arndt Ellinghorst believes Tesla would benefit more from BMW’s carbon-fiber technology — put to great use in the i Series — than from providing batteries to Mercedes. Both companies met in June to discuss standardization for a potential EV charging network.

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Lamborghini, Rolls-Royce SUVs Still Waiting For Green Light http://www.thetruthaboutcars.com/2014/10/lamborghini-rolls-royce-suvs-still-waiting-green-light/ http://www.thetruthaboutcars.com/2014/10/lamborghini-rolls-royce-suvs-still-waiting-green-light/#comments Thu, 23 Oct 2014 10:00:56 +0000 http://www.thetruthaboutcars.com/?p=935290 Saving away for either a Lamborghini Urus or the Rolls-Royce SUV with no name (yet)? You may end up in an Aventador or Wraith instead if neither one are green-lit. According to AutoCar, the £180,000 ($289,000 USD) new-age Rambo Lambo is awaiting the go-ahead from Audi, which an anonymous insider claims will come when economic […]

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Saving away for either a Lamborghini Urus or the Rolls-Royce SUV with no name (yet)? You may end up in an Aventador or Wraith instead if neither one are green-lit.

According to AutoCar, the £180,000 ($289,000 USD) new-age Rambo Lambo is awaiting the go-ahead from Audi, which an anonymous insider claims will come when economic and geopolitical conditions calm down:

We are convinced the Urus can significantly boost global sales, but the financial conditions need to be sound. Right now, there are signs we may be heading for a downturn in the markets due to various factors, including trouble in the Middle East, although this is not reflected in the current sales situation, which puts us ahead of 2013.

Over at BMW, the Grey Poupon delivery wagon — set to move out of mainly Chinese showrooms at £200,000 ($321,000) — is still in the design phase. Board member for the high-end premium brand, Peter Schwarzenbauer, said the proposals are closing in on BMW’s vision for the SUV, but if the execs can’t be convinced that the final design resembles a Rolls-Royce, the vehicle will not be built.

Both SUVs are expected to enter production in 2017.

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Cadillac Dealers Prepare To Step Up, Or Leave, Sales Game Under De Nysschen http://www.thetruthaboutcars.com/2014/10/cadillac-dealers-prepare-step-leave-sales-game-de-nysschen/ http://www.thetruthaboutcars.com/2014/10/cadillac-dealers-prepare-step-leave-sales-game-de-nysschen/#comments Tue, 21 Oct 2014 14:00:13 +0000 http://www.thetruthaboutcars.com/?p=934202 Facebook commenters and the automotive press aren’t the only ones feeling the lash from Cadillac boss Johan de Nysschen, as dealers themselves are feeling the pressure to step up their game. Automotive News reports that while some Cadillac dealerships have nothing to worry about, and are, in fact, completely on-board with de Nysschen’s alphanumeric global […]

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Facebook commenters and the automotive press aren’t the only ones feeling the lash from Cadillac boss Johan de Nysschen, as dealers themselves are feeling the pressure to step up their game.

Automotive News reports that while some Cadillac dealerships have nothing to worry about, and are, in fact, completely on-board with de Nysschen’s alphanumeric global vision, those on the low end of the totem pole fear they may be selling something else if they can’t compete on the level their new boss expects of them.

Specifically, de Nysschen may want to consolidate the brand’s network of 924 dealerships into a more BMW/Mercedes-esque number — hovering in the 330 – 370 range — with a similar focus on urban markets. Though neither he nor anyone representing Cadillac have stated such plans were on the table, dealers like Claude Burns and an unnamed dealer in the Midwest are going on the offensive to maintain their spots: a new expanded floorplan for the former, lawyering-up with an attorney who represented dealers during General Motors’ bankruptcy for the latter.

As for the boss himself, de Nysschen had this to say about the future of his dealerships after his meeting with them last month in Las Vegas, where he outlined his vision for the brand and their role in it:

It’s very clear to me that many, many dealers already have risen to the challenge. On the other hand, when those customers engage us in our dealerships, we cannot afford that the experience is anything other than confirming that this is a first-class brand. And not all of our dealers are there.

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Los Angeles 2014: Honda HR-V, Acura ILX To Bow On The Red Carpet http://www.thetruthaboutcars.com/2014/10/los-angeles-2014-honda-hr-v-acura-ilx-bow-red-carpet/ http://www.thetruthaboutcars.com/2014/10/los-angeles-2014-honda-hr-v-acura-ilx-bow-red-carpet/#comments Tue, 21 Oct 2014 12:00:58 +0000 http://www.thetruthaboutcars.com/?p=934146 Coming soon to an automotive red carpet near you: Honda’s new HR-V and Acura’s 2016 ILX. The former, seen only in photos when announced in New York earlier this year, will be making its North American debut at the 2014 Los Angeles Auto Show. The Fit-based crossover is expected to serve “as the entry point […]

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Coming soon to an automotive red carpet near you: Honda’s new HR-V and Acura’s 2016 ILX.

The former, seen only in photos when announced in New York earlier this year, will be making its North American debut at the 2014 Los Angeles Auto Show. The Fit-based crossover is expected to serve “as the entry point to the Honda light truck lineup,” consisting of the Ridgeline, Pilot and CR-V. The HR-V will take the stage sometime after 12:30 p.m. Pacific November 19.

Over at Acura, the Civic-based ILX will be debuting its new look for 2016, with the aim of firming up its appeal with customers in the entry-level premium market. The updates include a “more forceful, sporty exterior,” an unknown-yet-powerful powertrain, and new interior design. The sedan will roll up to the world’s stage at 9:30 a.m. Pacific November 20.

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Jaguar Land Rover Evaluating Locales For North American Plant http://www.thetruthaboutcars.com/2014/10/jaguar-land-rover-evaluating-locales-north-american-plant/ http://www.thetruthaboutcars.com/2014/10/jaguar-land-rover-evaluating-locales-north-american-plant/#comments Tue, 21 Oct 2014 11:00:52 +0000 http://www.thetruthaboutcars.com/?p=934122 The United Auto Workers may soon need to add another transplant to convert as part of its Southern strategy: Jaguar Land Rover is considering setting up shop in the Southeastern United States as part of its global expansion plans. Autoblog reports the automaker is looking over potential real estate for a new North American factory, […]

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The United Auto Workers may soon need to add another transplant to convert as part of its Southern strategy: Jaguar Land Rover is considering setting up shop in the Southeastern United States as part of its global expansion plans.

Autoblog reports the automaker is looking over potential real estate for a new North American factory, honing in upon right-to-work states in the South such as South Carolina, where BMW already has a presence in Spartanburg assembling the X Series. The future plant would have a total capacity of 200,000 units produced per year.

Elsewhere, JLR welcomed all to its new factory in Changsu, China, where the real Evoque — as opposed to the “If you like Mrs. Beckham’s crossover, you’ll love ours” Landwind E32 — will roll off the line, with the new Discovery Sport to follow. Brazil will join the party with its own factory in 2016.

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Porsche 918 Hybrid Hypercar Nearly Sold Out http://www.thetruthaboutcars.com/2014/10/porsche-918-hybrid-hypercar-nearly-sold/ http://www.thetruthaboutcars.com/2014/10/porsche-918-hybrid-hypercar-nearly-sold/#comments Tue, 21 Oct 2014 10:00:23 +0000 http://www.thetruthaboutcars.com/?p=934098 Saving your pennies for a Porsche 918 Spyder? You may want to go ahead and take out a loan to get the down payment on the table, for the hybrid hypercar is nearly sold out. Automotive News reports production of the 918 will draw to a close in July 2015, while planned production is sold […]

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Saving your pennies for a Porsche 918 Spyder? You may want to go ahead and take out a loan to get the down payment on the table, for the hybrid hypercar is nearly sold out.

Automotive News reports production of the 918 will draw to a close in July 2015, while planned production is sold out through early April at the latest, according to Porsche Cars North America vice president of marketing, Andre Oosthuizen.

Regarding how many have been made thus far, Oosthuizen declined to say more than that it was doing well for itself. He added that 30 of the $847,945 spyders were delivered to customers around the world — each bestowing Porsche a deposit of $200,000 for the opportunity to own one — thus far.

 

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Los Angeles 2014: Mercedes Maybach Set To Debut http://www.thetruthaboutcars.com/2014/10/los-angeles-2014-mercedes-maybach-set-debut/ http://www.thetruthaboutcars.com/2014/10/los-angeles-2014-mercedes-maybach-set-debut/#comments Mon, 20 Oct 2014 12:00:51 +0000 http://www.thetruthaboutcars.com/?p=933770 Once a name best known for providing a platform for Kanye West’s and Jay Z’s Mad Maxian fantasies, Maybach is set to return from the grave under the bright lights of the 2014 Los Angeles Auto Show as a Mercedes model. Car & Driver reports the Maybach will be around 18 feet in length, slotting […]

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Once a name best known for providing a platform for Kanye West’s and Jay Z’s Mad Maxian fantasies, Maybach is set to return from the grave under the bright lights of the 2014 Los Angeles Auto Show as a Mercedes model.

Car & Driver reports the Maybach will be around 18 feet in length, slotting between the S550 and the deceased Maybach 57, according to head of global design, Gordon Wagener.

Other features include a turbocharged V12, rear-wheel drive, Mercedes’ Magic Body Control suspension, luxurious materials, and a badge here and there to let the proletariat know a god and/or goddess is being chauffeured, not some Silicon Valley dirtbag.

The Mercedes Maybach will be going up against Bentley and Rolls-Royce in the Grey Poupon delivery game, with the Maybach name becoming a sub-brand like AMG. That move could, in turn, allow for more models down the road, such as an SUV based on the GL-Class, as well as a coupe and/or convertible derived from the S-Class.

As for price of admission, all that has been said is that it will be lower than the Maybach models from just a few years ago.

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Tesla’s First Battery Swap Station Opening Soon http://www.thetruthaboutcars.com/2014/10/teslas-first-battery-swap-station-opening-soon/ http://www.thetruthaboutcars.com/2014/10/teslas-first-battery-swap-station-opening-soon/#comments Fri, 17 Oct 2014 13:00:18 +0000 http://www.thetruthaboutcars.com/?p=932362 While Tesla owners — and owners of all EVs, for that matter — may be waiting a couple of years before titanium oxide anodes bring battery charging levels down to the 3- to 5-minute fueling times found at a given gas station, CEO Elon Musk has another option for them to consider: Battery-pack swapping. SlashGear […]

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Tesla Supercharger

While Tesla owners — and owners of all EVs, for that matter — may be waiting a couple of years before titanium oxide anodes bring battery charging levels down to the 3- to 5-minute fueling times found at a given gas station, CEO Elon Musk has another option for them to consider: Battery-pack swapping.

SlashGear reports the first swapping station will come online within the next few months, offering S and X owners the option of allowing robots to swap a drained pack for a fully charged unit from underneath the car within 90 seconds. Not only is this method faster than refueling at the local ARCO, but it blows away the Supercharger’s 30-minute charging time, as well.

The pack swap would also enable owners to retrieve their original packs later on, or, should retrieval become inconvenient, pay the difference for the new pack. Critics note this could lead to supply problems, where some stations have batteries waiting for their owners to return, while others run short of new packs.

The first station will open somewhere between Los Angeles and San Francisco, though further details were scant.

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De Nysschen: Cadillac Moved To NYC, Alphanumerics To Be Global Player http://www.thetruthaboutcars.com/2014/10/de-nysschen-cadillac-moved-nyc-alphanumerics-global-player/ http://www.thetruthaboutcars.com/2014/10/de-nysschen-cadillac-moved-nyc-alphanumerics-global-player/#comments Thu, 16 Oct 2014 11:00:25 +0000 http://www.thetruthaboutcars.com/?p=931954 Cadillac boss Johan de Nysschen has taken a lot of flak as of late for the brand’s moves to New York City, and to (albeit standardized) alphanumeric naming conventions. The first time, he took to Facebook to address his critics. This time? De Nysschen took it to the source. In response to Automotive News editor-in-chief […]

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Cadillac boss Johan de Nysschen has taken a lot of flak as of late for the brand’s moves to New York City, and to (albeit standardized) alphanumeric naming conventions. The first time, he took to Facebook to address his critics.

This time? De Nysschen took it to the source.

In response to Automotive News editor-in-chief Keith Crain’s letter lamenting both issues in the name of Detroit, de Nysschen penned a letter to the editor addressing Crain’s concerns.

Regarding the CT/XT nomenclature chosen in lieu of proper names — including Eldorado, Seville and Fleetwood — the president said such emotional attachment to those names “should be balanced against the fact that those names resonate more with baby boomers and are U.S.-centric,” and are not relevant to Cadillac’s intended global audience “where the reality is that alphanumeric nomenclature is a deeply entrenched industrywide practice.”

As far as the notion of Cadillac abandoning Detroit for SoHo, de Nysschen says the move was not due to any personal preference, stating that “no corporation would tolerate such indulgences by its leadership.” Instead, it was done to help reinforce “the psychological and physical separation in business philosophy” between the premium brand and the rest of General Motors. He adds that the net loss of 50 jobs in Detroit would likely be filled by GM, and pale in comparison against the 1,600 new manufacturing jobs secured by the automaker’s decision to green-light the CT6 earlier this month.

Finally, he does acknowledge Crain’s concern over business efficiency disadvantages as a result of the move, noting that said disadvantages were anticipated beforehand, “and will be overcome by making changes to current corporate processes.” De Nysschen concludes that all business decisions will be made by the brand’s leadership every step of the way, answering only to GM’s top brass and the automaker’s shareholders.

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Porsche Injecting Diesel Power Into Macan For US Market http://www.thetruthaboutcars.com/2014/10/porsche-injecting-diesel-power-macan-us-market/ http://www.thetruthaboutcars.com/2014/10/porsche-injecting-diesel-power-macan-us-market/#comments Wed, 15 Oct 2014 13:00:23 +0000 http://www.thetruthaboutcars.com/?p=931418 Porsche Macan enthusiasts in the United States who want diesel power will be able to order such a thing over a year from now, as Porsche is now hard at work bringing a diesel Macan to life. Automotive News reports the diesel-powered crossover will get its power from a reworked 3-liter turbo V6 diesel sold […]

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Porsche Macan enthusiasts in the United States who want diesel power will be able to order such a thing over a year from now, as Porsche is now hard at work bringing a diesel Macan to life.

Automotive News reports the diesel-powered crossover will get its power from a reworked 3-liter turbo V6 diesel sold in its native Europe and other markets, delivering at least 245 horsepower to all four corners. The vehicle would slot between the S and Turbo models as far as price is concerned, coming in at around $60,000 to start; the S has an MSRP of just over $49,000, while the Turbo begins at $72,300.

As for when the diesel Macan would arrive, the crossover may debut at the 2015 Los Angeles Auto Show before entering the showroom near the end of 2015 or at the start of 2016.

Meanwhile, those hoping for a base Macan in the U.S. will be waiting to exhale for quite some time. Porsche Cars North America vice president of marketing, Andre Oosthuizen, says there isn’t enough capacity to build the base model, sold in the United Kingdom and China, and won’t be under consideration “for the foreseeable future.”

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Acura May Follow Subaru With AWD-Only Product Plan http://www.thetruthaboutcars.com/2014/10/acura-may-follow-subaru-awd-product-plan/ http://www.thetruthaboutcars.com/2014/10/acura-may-follow-subaru-awd-product-plan/#comments Tue, 14 Oct 2014 14:00:50 +0000 http://www.thetruthaboutcars.com/?p=930906 Looking for a way to revitalize itself, Acura is considering taking a cue from Subaru by going all in on all-wheel drive. Automotive News reports the plan is one of several backed by the brand’s Acura Business Planning Office — formed earlier this year to rethink and revitalize the brand in the United States — […]

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Looking for a way to revitalize itself, Acura is considering taking a cue from Subaru by going all in on all-wheel drive.

Automotive News reports the plan is one of several backed by the brand’s Acura Business Planning Office — formed earlier this year to rethink and revitalize the brand in the United States — though nothing is set in stone thus far.

Acura boss Koichi Fukuo believes that AWD is the way to go, citing the brand’s need to offer “something different” compared to the competition. That said, premium brands like BMW and Audi already offer AWD, with 58 percent of BMWs and 90 percent of Audis so equipped.

As for taking influence from Subaru’s success with the platform, Fukuo wants to do for what he calls “Acurists” — the loyal customer base he aims to cultivate through the AWD plan — what the Pleiadian automaker has done for its “Subarists”:

Looking at Subaru, I felt that we have to have a strong, clear direction as a brand. What’s important is to have the technology, styling and performance to evolve all together. Otherwise, I don’t think we can increase the number of loyal customers, so-called Acurists.

At present, the TLX and the upcoming hybrid RLX will have the brand’s next-gen Super Handling All-Wheel-Drive system, the latter receiving the Sport Hybrid variant that will also move the second-gen NSX when the sports car leaves Ohio in 2015. The rest of the lineup will follow over the years as each model comes up for renewal and/or refreshing. Power for all will come more powerful engines, none of which will be V8s or V10s due to weight issues interfering with the performance of a given vehicle.

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