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. Thu, 30 Oct 2014 16:39:27 +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/ 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 ATS New York Plate

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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2012-acura-TL-SH-AWD-badge-2

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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Cadillac Boss Unveils Portfolio Revitalization Plan For 2020 http://www.thetruthaboutcars.com/2014/10/cadillac-boss-unveils-portfolio-revitalization-plan-2020/ http://www.thetruthaboutcars.com/2014/10/cadillac-boss-unveils-portfolio-revitalization-plan-2020/#comments Fri, 10 Oct 2014 15:00:42 +0000 http://www.thetruthaboutcars.com/?p=928642 First, there was the move. Then, there was the CT6. Now? Cadillac boss Johan de Nysschen unveils a blitzkrieg bop of a product roadmap, all set to be fulfilled by 2020. In an exclusive with Reuters, de Nysschen’s overall plan to revive Cadillac is anchored by a roadmap that will expand the portfolio from five […]

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2015 Cadillac ATS Coupe

First, there was the move. Then, there was the CT6. Now? Cadillac boss Johan de Nysschen unveils a blitzkrieg bop of a product roadmap, all set to be fulfilled by 2020.

In an exclusive with Reuters, de Nysschen’s overall plan to revive Cadillac is anchored by a roadmap that will expand the portfolio from five models at present, to 10 models by 2020.

Aside from the upcoming CT6 — which will come with a PHEV variant when the flagship debuts in showrooms late next year — he says he just received the green light to bring a range-topping vehicle into the fold, likely to be called either the CT8 or CT9. The vehicle would do battle with long-wheelbase variants of the Mercedes S-Class and BMW 7 Series when it enters showrooms at the end of this decade.

On the greener side of the fence, de Nysschen has designs for an EV, and a potential successor to the ELR that may or may not have two extra doors.

Further down the alpha-numeric trail, two new crossovers — which will wear the XT moniker — will sandwich the SRX, including a seven-passenger model set to arrive by 2018 at the latest; the SRX will be redesigned and renamed in 2016.

Meanwhile, a smaller vehicle positioned under the current ATS, along with the smaller crossover, will share its platform with the next-generation Chevrolet Cruze, and go up against the BMW 1 Series and Mercedes CLA-Class. Both will be in showrooms between 2017 and 2018.

Other parts of the plan include building the CT6 and the successor to the SRX in China, where Cadillac is aiming to move 75,000 units by the end of the year, while Europe will remain in the distance until after 2020.

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Tesla: The “D” Stands For Dual-Motor http://www.thetruthaboutcars.com/2014/10/tesla-d-stands-dual-motor/ http://www.thetruthaboutcars.com/2014/10/tesla-d-stands-dual-motor/#comments Fri, 10 Oct 2014 10:00:10 +0000 http://www.thetruthaboutcars.com/?p=928330 You’ve waited for this, now here it comes: Tesla is dropping in a second electric motor up front for more power and better weight distribution in the Model S. Its name? D. Road & Track reports all three dual-motor models of the S — 60D, 85D and P85D — will have a 118-horsepower mid-size electric […]

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Tesla P85D Backside

You’ve waited for this, now here it comes: Tesla is dropping in a second electric motor up front for more power and better weight distribution in the Model S.

Its name? D.

Road & Track reports all three dual-motor models of the S — 60D, 85D and P85D — will have a 118-horsepower mid-size electric motor powering the front wheels. The same motor will also move the rear pair in the 60D and 85D, while customers who opt for the raw power of the P85D will have the same 470-horsepower motor in the back as the original P85.

The power duo under the P85D will deliver a combined 690 horsepower and 687 lb-ft of torque when the hammer is dropped, moving from nil to 60 in 3.2 seconds — spanking Charger Hellcats and Panameras off the line — with the quarter disappearing in 11.8 seconds. CEO Elon Musk stated his team benchmarked the McLaren F1 for the top-end model’s acceleration performance.

As for range, the 85D will pull into the Supercharger after 295 miles, five short of the magical 300-mile barrier. The 60D will do the same after 225 miles, and the P85D arrives after 275 miles.

Aside from the new models — all of which are available for order at this moment, with delivery set for December for P85D models, February for the others — the Model S and future vehicles will have Autopilot, a semi-autonomous drive system that will take over from the driver when needed, doing everything from speeding up and slowing down in heavy traffic, to switching lanes after the driver signals where they wish to go. The system — which is in every Model S assembled from two weeks ago forward, and will be enabled via software update in the next few months — uses a forward-facing camera and an array of 12 sensors, providing a 360-degree view of the world up to 16 feet away.

Finally, stopping all of this new power comes from an electromechanical braking setup — the Porsche 918 is the only other vehicle to use the technology — which Autopilot can engage in whatever manner is most appropriate in a given situation, from hard panic stops to red-carpet style gentle braking. Tesla can fine-tune the system for desired brake feel, as well.

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Aston Martin Gains Some Footing In 2013 http://www.thetruthaboutcars.com/2014/10/aston-martin-gains-footing-2013/ http://www.thetruthaboutcars.com/2014/10/aston-martin-gains-footing-2013/#comments Thu, 09 Oct 2014 12:00:55 +0000 http://www.thetruthaboutcars.com/?p=927970 Aston Martin saw its pretax loss fall by a third in 2013 to £25.4 million ($41 million) over the same period in 2012. Reuters reports the drop was backed by an 12.6 percent increase in revenue in 2013, topping out at £519 million ($839.5 million). Sales also increased that year, with 4,200 units sold worldwide […]

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2014 Aston Martin Vanquish

Aston Martin saw its pretax loss fall by a third in 2013 to £25.4 million ($41 million) over the same period in 2012.

Reuters reports the drop was backed by an 12.6 percent increase in revenue in 2013, topping out at £519 million ($839.5 million). Sales also increased that year, with 4,200 units sold worldwide over 2012’s 3,800.

Though still on shaky ground — especially in light of U.S. safety regs threatening to block further imports, as well as a February 2014 recall of 17,690 over counterfeit plastic parts from a Chinese supplier — the automaker is moving toward its goal of profitability, with new CEO and former Nissan exec Andy Palmer leading the way. According to CFO Hanno Kirner, that goal would be reached as early as 2016, thanks to a £500 million ($808.8 million) investment program.

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Chinese-Built Volvo S60L Bound For US Market In 2015 http://www.thetruthaboutcars.com/2014/10/chinese-built-volvo-s60l-bound-us-market-2015/ http://www.thetruthaboutcars.com/2014/10/chinese-built-volvo-s60l-bound-us-market-2015/#comments Wed, 08 Oct 2014 14:00:50 +0000 http://www.thetruthaboutcars.com/?p=927706 CEOs and senior execs going on shopping runs to Staples may soon be able to leave their MKTs at the parking garage when the Chinese-made Volvo S60L arrives next year. Automotive News reports Volvo plans to ship 5,000 units to the U.S. annually, with sales to begin in H2 2015. The move will save the […]

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CEOs and senior execs going on shopping runs to Staples may soon be able to leave their MKTs at the parking garage when the Chinese-made Volvo S60L arrives next year.

Automotive News reports Volvo plans to ship 5,000 units to the U.S. annually, with sales to begin in H2 2015. The move will save the Sino-Swede automaker considerable cash, as the vehicles will be imported from a factory not involved in a joint venture like Volvo’s competitors, according to CEO Hakan Samuelsson.

He also says Volvo will position the S60L as an “executive car,” offering more features and options in its 112.5-inch wheelbase than the S60, which will take its place as a sportier variant.

As for quality, product development chief Peter Mertens said the longer S60 fared better than the European-built standard model based on the company’s internal quality audits.

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Manley: Jeep Grand Wagoneer On Its Way http://www.thetruthaboutcars.com/2014/10/manley-jeep-grand-wagoneer-way/ http://www.thetruthaboutcars.com/2014/10/manley-jeep-grand-wagoneer-way/#comments Wed, 08 Oct 2014 10:00:44 +0000 http://www.thetruthaboutcars.com/?p=927594 Town & Country PHEVs not your bag? Jeep’s Mike Manley might have a Grand Wagoneer waiting for you in late 2015 for the 2016 model year. Motoring.com.au reports the three-row, seven- to eight-passenger SUV will serve as the brand’s flagship, competing against the likes of the Mercedes GL-Class and the upcoming BMW X7 as Jeep […]

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Town & Country PHEVs not your bag? Jeep’s Mike Manley might have a Grand Wagoneer waiting for you in late 2015 for the 2016 model year.

Motoring.com.au reports the three-row, seven- to eight-passenger SUV will serve as the brand’s flagship, competing against the likes of the Mercedes GL-Class and the upcoming BMW X7 as Jeep grows its market share in the United States, Brazil and Australia.

Speaking of the BMW X Series, Manley says the Grand Cherokee proved to all that Jeep could “compete at the very premium end of the segment,” citing the cross-shop between it and the X5 in the U.S. market as “phenomenal.” He’s also considering models aimed at the X4 and X6, believing such vehicles would be beneficial to the lineup:

If you consider the styling of Cherokee and Renegade, there’s perhaps [even] more of a market in D [segment] than E SUV [for sportier models]. I think it can fit with the brand.

As far as sales go, Manley says Jeep is on its way to selling over 1 million units in 2014, with a goal of doubling that number by 2018. When asked about 2015, however, all he stated was that there was an expectation for Jeep to continue climbing up the global market trail.

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Tesla Preparing To Enter CPO Market By 2016 http://www.thetruthaboutcars.com/2014/10/tesla-preparing-enter-cpo-market-2016/ http://www.thetruthaboutcars.com/2014/10/tesla-preparing-enter-cpo-market-2016/#comments Tue, 07 Oct 2014 13:00:49 +0000 http://www.thetruthaboutcars.com/?p=927409 Always wanted to own a Tesla Model S, but couldn’t get past the $71,070 base price? CEO Elon Musk has a plan to make it easier to bring one home: CPO sales. Automotive News reports the automaker is working on a certified pre-owned program that would be offered through its stores, competing against similar programs […]

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2013-Tesla-Model-S-Rear

Always wanted to own a Tesla Model S, but couldn’t get past the $71,070 base price? CEO Elon Musk has a plan to make it easier to bring one home: CPO sales.

Automotive News reports the automaker is working on a certified pre-owned program that would be offered through its stores, competing against similar programs by the likes of BMW and Mercedes-Benz, as explained by Tesla’s vice president of communications, Simon Sproule:

With the Model S fleet now heading toward the first cars hitting three years old, we are looking at CPO and how best to structure.

In addition, Musk himself proclaimed in 2013 that he would personally honor the buyback guarantee his company issued to owners at the time of purchase, allowing them to recover 43 percent to 50 percent of the sticker price after three years. Should this group take him up, the first trade-ins would arrive for refurbishing in the spring of 2016 — if not earlier for those offloading their Model S for a Model X — with more to come the following year.

Just like with Tesla’s new cars, the CPO models would be sold at its stores, with the potential to capture as much as $10,000 per used model sold, much more than when the models first left the showroom according to TrueCar president John Krafcik.

Challenges for the company’s entry into the CPO market include: budgeting for model refurbishing and sales; more legal battles to be allowed to directly sell used models; the potential for depreciation to be lower than benchmarked — the Mercedes S-Class’ trade-in value formed the basis for Tesla’s buyback program; owners taking their vehicles to other used-car dealers or the private market; and the upcoming Model III.

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2016 Cadillac CT6 To Offer PHEV Option, Advanced Architecture http://www.thetruthaboutcars.com/2014/10/2016-cadillac-ct6-offer-phev-option-advanced-architecture/ http://www.thetruthaboutcars.com/2014/10/2016-cadillac-ct6-offer-phev-option-advanced-architecture/#comments Tue, 07 Oct 2014 12:00:31 +0000 http://www.thetruthaboutcars.com/?p=927385 Cadillac’s upcoming flagship is living up to its status, as the CT6 is set to have a PHEV option on the checklist when it arrives for the 2016 model year. According to The Detroit News, General Motors product chief Mark Reuss claims the PHEV option will offer consumers an “industry-leading fuel economy upwards of 70 […]

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Cadillac Crest

Cadillac’s upcoming flagship is living up to its status, as the CT6 is set to have a PHEV option on the checklist when it arrives for the 2016 model year.

According to The Detroit News, General Motors product chief Mark Reuss claims the PHEV option will offer consumers an “industry-leading fuel economy upwards of 70 mpg equivalent.” The CT6 will be powered by a 3-liter twin-turbo V6 with an eight-speed auto aiding in the power delivery.

Cadillac’s flagship will also be built upon an advanced architecture composed of “high-strength steel, aluminum and steel stampings,” combined with the automaker’s patented welding tech to create a vehicle with 20 percent fewer parts. Reuss says the results help improve “safety, ride and handling,” as well as NVH. The overall product will be 8 inches longer than the current CTS, but will weigh 53 pounds less.

As far as other technology is concerned, the CT6 will have stop-start and a so-called thru-view mirror — a rear backup camera “steamed… into the front mirror,” per Reuss — allowing the driver to see more of the outside behind the car in its rearview mirror.

The flagship, set to battle the Mercedes S-Class and BMW 7 Series, will leave Hamtramck beginning in late 2015.

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Paris 2014: Ferrari 458 Speciale A Unveiled http://www.thetruthaboutcars.com/2014/10/paris-2014-ferrari-458-speciale-unveiled/ http://www.thetruthaboutcars.com/2014/10/paris-2014-ferrari-458-speciale-unveiled/#comments Thu, 02 Oct 2014 21:30:17 +0000 http://www.thetruthaboutcars.com/?p=925241 Prefer your Ferrari 458 Speciale to allow the wind to rush through your hair? Then the 458 Speciale A is for you. Behind your head is the same naturally aspirated V8 as the closed-cockpit model, delivering 605 stallions and 398 lb-ft of torque tightly controlled by the Speciale’s SCC traction control system. Over your head […]

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Ferrari-458-Speciale-A-1

Prefer your Ferrari 458 Speciale to allow the wind to rush through your hair? Then the 458 Speciale A is for you.

Behind your head is the same naturally aspirated V8 as the closed-cockpit model, delivering 605 stallions and 398 lb-ft of torque tightly controlled by the Speciale’s SCC traction control system.

Over your head is an aluminum roof that folds away when not needed, adding only 110 pounds to the total curb weight of 3,310 pounds. Ferrari claims this won’t affect the convertible’s nil to 60 run of 3 seconds, adding the Speciale A is the automaker’s most aero-advanced convertible ever.

Like the Speciale, the Speciale A is track-ready, from the Michelin Pilot Sport Cup2 tires, to the Formula One-inspired gear awaiting the driver inside.

Alas, should you desire this one, only 499 will be assembled. Of course, if you’re on the list, you more than likely already got yours.

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Paris 2014: Land Rover Discovery Sport Arrives http://www.thetruthaboutcars.com/2014/10/paris-2014-land-rover-discovery-sport-arrives/ http://www.thetruthaboutcars.com/2014/10/paris-2014-land-rover-discovery-sport-arrives/#comments Thu, 02 Oct 2014 20:00:02 +0000 http://www.thetruthaboutcars.com/?p=924713 Soon to replace the LR2, the Land Rover Discovery Sport arrived today at the 2014 Paris Auto Show. The new premium SUV offers 5+2 seating within its length of 180.7 inches, bringing it in line with the current Toyota RAV4. Under the hood is a 2-liter turbo-four delivering 240 horsepower and 250 lb-ft of torque […]

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Soon to replace the LR2, the Land Rover Discovery Sport arrived today at the 2014 Paris Auto Show.

The new premium SUV offers 5+2 seating within its length of 180.7 inches, bringing it in line with the current Toyota RAV4.

Under the hood is a 2-liter turbo-four delivering 240 horsepower and 250 lb-ft of torque to all four corners via a standard nine-speed automatic.

Inside, the driver has access to both an 8-inch touchscreen infotainment system and a 5-inch color display, with higher trim models offering space for an iPad and leather-wrapped interiors.

Should you want to paint it black, Land Rover offers the optional Black Pack package, which brings the absence of light to the grill, side mirrors, front fender vents, badges and either 19- or 20-inch wheels.

Finally, the price of admission starts at $38,920.

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Paris 2014: Mitsubishi Outlander PHEV Concept-S Unveiled http://www.thetruthaboutcars.com/2014/10/paris-2014-mitsubishi-outlander-phev-concept-s-unveiled/ http://www.thetruthaboutcars.com/2014/10/paris-2014-mitsubishi-outlander-phev-concept-s-unveiled/#comments Thu, 02 Oct 2014 19:00:24 +0000 http://www.thetruthaboutcars.com/?p=924377 Mitsubishi has taken its Outlander PHEV upscale with the debut of the Concept-S at the 2014 Paris Auto Show. A demonstration of what a future upscale offering will entail, the Concept-S has chrome accents, wrap-around headlamps, black woodgrain, leather seats and a center console meant to invoke traditional Japanese lacquered boxes. Aside from the premium […]

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Mitsubishi-Outlander-PHEV-Concept-S-2

Mitsubishi has taken its Outlander PHEV upscale with the debut of the Concept-S at the 2014 Paris Auto Show.

A demonstration of what a future upscale offering will entail, the Concept-S has chrome accents, wrap-around headlamps, black woodgrain, leather seats and a center console meant to invoke traditional Japanese lacquered boxes.

Aside from the premium options, the Concept-S is like the other Outlander PHEVs with its 2-liter four-pot and twin-electric motors linked to a lithium-ion pack. Electric-only mode delivers a range of 32.5 miles, and offers 148 MPGe on the European cycle. The Outlander can also charge its battery pack while on the go.

Alas, it’ll be until 2016 at the earliest before North America finally receives its invitation to the Outlander PHEV party.

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