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, 26 Feb 2015 15:36:24 +0000 en-US hourly 1 http://wordpress.org/?v=4.0.1 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/ Geneva 2015: Aston Martin Vulcan Revealed Prior To Global Debut http://www.thetruthaboutcars.com/2015/02/geneva-2015-aston-martin-vulcan-revealed-prior-global-debut/ http://www.thetruthaboutcars.com/2015/02/geneva-2015-aston-martin-vulcan-revealed-prior-global-debut/#comments Thu, 26 Feb 2015 13:00:18 +0000 http://www.thetruthaboutcars.com/?p=1008130 Twenty-four well-heeled gentleman drivers will soon pilot their own Aston Martin Vulcan, the automaker’s newest track-only machine. Power for the Vulcan comes from a naturally aspirated 7-liter V12 pumping over 800 horsepower to the back via a rear mid-mounted Xtrac six-speed sequential-shift transmission. Other features include extensive use of carbon fiber, Brembo racing calipers mounted […]

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Twenty-four well-heeled gentleman drivers will soon pilot their own Aston Martin Vulcan, the automaker’s newest track-only machine.

Power for the Vulcan comes from a naturally aspirated 7-liter V12 pumping over 800 horsepower to the back via a rear mid-mounted Xtrac six-speed sequential-shift transmission. Other features include extensive use of carbon fiber, Brembo racing calipers mounted over carbon ceramic discs, race-spec Michelin tires, driver-adjustable anti-lock braking, variable traction control, and a power-to-weight ratio surpassing those found in FIA GTE cars.

Before the 24 fortunate owners take delivery of their FIA-certified Vulcans, they will offered a chance to gain some seat time behind the wheels of Aston Martin’s other road and track offerings — like the V12 Vantage S, One-77 and Vantage GT4 — in an intensive training program. Per special projects and motorsports chief David King, the 24 will then have the opportunity to take part in a series of track days in 2016 “on some of the world’s most famous and glamorous race circuits.”

The Vulcan is set to officially bow at the 2015 Geneva Auto Show next week before making its track debut later in the year, and was produced in a partnership with Multimatic, who will also be in charge of assembling the Ford GT next year.

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De Nysschen: Cadillac CT6 Likely To Gain Twin-Turbo V8 http://www.thetruthaboutcars.com/2015/02/de-nysschen-cadillac-ct6-likely-gain-twin-turbo-v8/ http://www.thetruthaboutcars.com/2015/02/de-nysschen-cadillac-ct6-likely-gain-twin-turbo-v8/#comments Thu, 26 Feb 2015 12:00:37 +0000 http://www.thetruthaboutcars.com/?p=1008106 The Cadillac CT6’s looks may not be as “greatly daring” as the B&B had hoped, but the premium sedan might make up for that with twin-turbo V8 power. According to Road & Track, brand president Johan de Nysschen turned up for a Q&A with the commentariat over on Jalopnik, where he gave this response to […]

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The Cadillac CT6’s looks may not be as “greatly daring” as the B&B had hoped, but the premium sedan might make up for that with twin-turbo V8 power.

According to Road & Track, brand president Johan de Nysschen turned up for a Q&A with the commentariat over on Jalopnik, where he gave this response to a question by the blog’s own Michael Ballaban:

CT6 is a car that really sets the standard in many respects with regard to advanced new body construction technology. It’s a Cadillac, so it stands to reason that it’s great to drive, very refined and sophisticated. The lightweight body construction allows us to push the envelope when it comes to powertrain in a way we know that the rest of the industry will follow. This includes a very wide mix of engines, starting with a 2-liter turbo, up to, eventually, a high-performance advanced V-8 turbo.

De Nysschen reaffirmed his statement when another commenter asked about the CT6’s ability to keep up with the likes of the BMW 7 Series and Mercedes S-Class, proclaiming the sedan’s “lightweight body structure” would provide the platform for “formidable performance” with a twin-turbo V6, let alone a twin-turbo V8.

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Lincoln ‘Dares Greater’ Than Cadillac In Google SEO Game http://www.thetruthaboutcars.com/2015/02/lincoln-dares-greater-cadillac-google-seo-game/ http://www.thetruthaboutcars.com/2015/02/lincoln-dares-greater-cadillac-google-seo-game/#comments Wed, 25 Feb 2015 11:00:51 +0000 http://www.thetruthaboutcars.com/?p=1007698 Oscar viewers who are seeking on Google the Cadillac that “dared greatly” are suddenly hearing Matthew McConaughey’s voice, thanks to Lincoln’s SEO skills. Autoblog reports the first instance of Lincoln’s slogan hijacking appeared less than 24 hours after Cadillac’s “Dare Greatly” adverts aired during the 87th Academy Awards. As seen above, those wanting to know […]

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Lincoln Dares Greater Than Cadillac In The SEO Game

Oscar viewers who are seeking on Google the Cadillac that “dared greatly” are suddenly hearing Matthew McConaughey’s voice, thanks to Lincoln’s SEO skills.

Autoblog reports the first instance of Lincoln’s slogan hijacking appeared less than 24 hours after Cadillac’s “Dare Greatly” adverts aired during the 87th Academy Awards. As seen above, those wanting to know more about Cadillac — and about that mysterious car making a brief appearance in a separate Oscars advert — will find a sponsored link for the brand at the top, followed by Lincoln’s version of the truth in second.

Originally, the second sponsored link — which read, “Dare Greatly – It’s not about making a statement, it’s about doing what you love” — directed consumers to Lincoln’s homepage, greeting them with the sight of the 2015 MKZ Hybrid. Since then, the link directs to the same page, but the image is that of the 2015 MKC. The link’s slogan, meanwhile, changes with every search; for this author, it currently reads, “You don’t have to make a statement when you know who you are,” likely a swipe at brand president Johan de Nysschen’s and brand director Melody Lee’s ambitions and aspirations for Cadillac.

As for the Oscars campaign, AutoTrader said that searches for Cadillac jumped 53 percent within an hour after the first advert aired.

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Fisker Karma To Return Mid-2016 Under Elux Brand http://www.thetruthaboutcars.com/2015/02/fisker-karma-return-mid-2016-elux-brand/ http://www.thetruthaboutcars.com/2015/02/fisker-karma-return-mid-2016-elux-brand/#comments Tue, 24 Feb 2015 13:00:42 +0000 http://www.thetruthaboutcars.com/?p=1006722 If you were hoping to pick up a new Fisker Karma, not so fast. The PHEV won’t be out until mid-2016, and it won’t be a Fisker, either. Reuters reports parent company Wanxiang Group, which bought Fisker at a bankruptcy auction last year, will drop the Fisker name when the Karma hits the showroom, whose […]

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The Fisker Karma of Justin Douchebag Bieber

If you were hoping to pick up a new Fisker Karma, not so fast. The PHEV won’t be out until mid-2016, and it won’t be a Fisker, either.

Reuters reports parent company Wanxiang Group, which bought Fisker at a bankruptcy auction last year, will drop the Fisker name when the Karma hits the showroom, whose brand will now be called Elux.

As for the delay, Wanxiang is looking for a production site to build the PHEV, sources stating that it won’t be assembled in Finland, where the original Karmas rolled off the line. Pricing is expected to begin at $135,000, 20 percent higher than the $116,000 for the original top model before production ceased in 2012.

The Elux Karma’s looks are expected to to rely heavily on Henrik Fisker’s original design for the PHEV, with Wanxiang said to be investing “millions” into updating the technology to bring the car up to par with similar vehicles that have emerged over the years.

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Study: US Auto Sales To Rise Through 2017, Modestly Decline Through 2020 http://www.thetruthaboutcars.com/2015/02/study-us-auto-sales-rise-2017-modestly-decline-2020/ http://www.thetruthaboutcars.com/2015/02/study-us-auto-sales-rise-2017-modestly-decline-2020/#comments Mon, 23 Feb 2015 16:00:09 +0000 http://www.thetruthaboutcars.com/?p=1006458 Happy days are back again for automakers selling to the United States, with auto sales projected to rise through 2017 before dipping slightly through 2020. According to The Detroit Bureau, a study by AutoPacific found that consumers bought 16.4 million vehicles in 2014, a 6 percent increase over 2013. Further, the group predicts 2015 sales […]

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Bill Colwell Ford Dealership

Happy days are back again for automakers selling to the United States, with auto sales projected to rise through 2017 before dipping slightly through 2020.

According to The Detroit Bureau, a study by AutoPacific found that consumers bought 16.4 million vehicles in 2014, a 6 percent increase over 2013. Further, the group predicts 2015 sales will hit 17 million, peaking at 17.24 million in 2017.

Per AutoPacific industry analysis vice president Ed Kim, the boom is fueled by both “continued increases in truck and SUV sales,” and the rapid growth of compact crossover sales among mainstream and premium brands. Combined, such sales would make up 55 percent of the overall U.S. market this year.

As for the aforementioned downturn beginning in 2018 and going forward through 2020, Kim cites rises in interest rates, Millennials waiting to purchase their first vehicle, and extended loan terms as factors in the upcoming decline. He adds that despite this, sales are likely to bottom-out at 16.8 million by the start of the next decade, 60 percent better than the 10.4 million vehicles sold in 2009 during the early days of the Great Recession.

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Jaguar Land Rover Considering Turkey, Austria For New Factory http://www.thetruthaboutcars.com/2015/02/jaguar-land-rover-considering-turkey-austria-new-factory/ http://www.thetruthaboutcars.com/2015/02/jaguar-land-rover-considering-turkey-austria-new-factory/#comments Mon, 23 Feb 2015 12:00:58 +0000 http://www.thetruthaboutcars.com/?p=1006298 Amid a pay dispute between itself and the U.K. trade unions, Jaguar Land Rover is considering Turkey and Austria over North America for a new factory. The Birmingham Post reports plans to locate a factory in North America, and particularly in the United States, were switched to the aforementioned countries due to the negotiations between […]

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Amid a pay dispute between itself and the U.K. trade unions, Jaguar Land Rover is considering Turkey and Austria over North America for a new factory.

The Birmingham Post reports plans to locate a factory in North America, and particularly in the United States, were switched to the aforementioned countries due to the negotiations between the automaker and JLR Unite over the autumn of 2014. The talks led to a two-year pay deal, but not before workers threatened industrial action amid accusations by the union of JLR planning to cut £240 million ($370 million USD) from pensions to pay for the deal.

Per a inside source, the automaker is looking at locales where costs are much lower than in the United Kingdom, “and where there is not the same union influence” on the factory floor compared to that in its British factories. The insider adds that Continental Europe is more likely at this point in time, but that nothing was in place thus far.

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Tesla Pushing For Direct Sales In Texas, Dealers Wanting A Shot To Sell http://www.thetruthaboutcars.com/2015/02/tesla-pushing-direct-sales-texas-dealers-wanting-shot-sell/ http://www.thetruthaboutcars.com/2015/02/tesla-pushing-direct-sales-texas-dealers-wanting-shot-sell/#comments Thu, 19 Feb 2015 15:00:40 +0000 http://www.thetruthaboutcars.com/?p=1004082 As Tesla gears up to tackle Texas’ direct-sales ban during the state’s 2015 legislative session, dealers are begging for a shot to sell the automaker’s EVs. The Texas Tribune reports several Texas dealerships have approached Tesla about selling its wares, claiming they would take on the risk of selling a niche premium EV if given […]

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As Tesla gears up to tackle Texas’ direct-sales ban during the state’s 2015 legislative session, dealers are begging for a shot to sell the automaker’s EVs.

The Texas Tribune reports several Texas dealerships have approached Tesla about selling its wares, claiming they would take on the risk of selling a niche premium EV if given the chance. According to Texas Automobile Dealers Association president Bill Wolters, those dealers were rebuffed:

This is such a unique situation in which Elon Musk doesn’t want to have competition from other makes.

Currently, Tesla has galleries in Austin, Dallas and Houston, where customers can see the Model S, but cannot buy the car directly from the gallery, turning to the company’s website to complete the process as a result.

While dealers believe the direct-sales ban gives consumers a chance to buy the car they want anywhere within Texas — instead of having to drive to a few select cities where automakers would focus their efforts if given the opportunity — Tesla says the ban threatens to undermine its success in the state. CEO Elon Musk adds that franchise dealers would ultimately fail in selling his company’s EVs, citing the traditional model’s main source of revenue — maintenance — as where the struggle would occur.

Meanwhile, Tesla is spending between $625,000 and $1.18 million on 21 lobbyists to persuade lawmakers in Austin to consider legislation that would allow for direct sales. No bills have come up regarding the issue thus far this session, through Rep. Eddie Rodriguez of Austin is working on a proposal that would grant the automaker and other EV-only manufacturers the right to sell directly to Texas consumers; a similar proposal by Rodriguez was rejected last year.

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Rolls-Royce Enters Premium SUV Game In All But Name http://www.thetruthaboutcars.com/2015/02/rolls-royce-enters-premium-suv-game-name/ http://www.thetruthaboutcars.com/2015/02/rolls-royce-enters-premium-suv-game-name/#comments Thu, 19 Feb 2015 12:00:39 +0000 http://www.thetruthaboutcars.com/?p=1004010 Rolls-Royce made it official Wednesday: The automaker is entering the premium SUV game with its own SUV, or, rather, “high-bodied car.” The upcoming SUV is expected to demonstrate the “exceptional presence, elegance and purpose” found in the premium marque’s other offerings, combining the “pioneering, adventurous spirit of Charles Rolls” with “Sir Henry Royce’s dedication to […]

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Rolls-Royce made it official Wednesday: The automaker is entering the premium SUV game with its own SUV, or, rather, “high-bodied car.”

The upcoming SUV is expected to demonstrate the “exceptional presence, elegance and purpose” found in the premium marque’s other offerings, combining the “pioneering, adventurous spirit of Charles Rolls” with “Sir Henry Royce’s dedication to engineering and innovation” in so doing.

Led by design boss Giles Taylor, the “high-bodied car” will feature an all-new aluminum architecture, and is meant to meet its customers’ “highly mobile, contemporary lifestyle expectations,” no matter the terrain.

Aside from Rolls-Royce’s promise to take its time “developing and perfecting this new concept in luxury,” however, a date of arrival is unknown; speculation points to 2018 as the earliest the SUV would arrive in showrooms.

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Cadillac’s Oscars 2015 Adverts Channel Teddy, Shows No Product http://www.thetruthaboutcars.com/2015/02/cadillacs-oscars-2015-adverts-channel-teddy-shows-no-product/ http://www.thetruthaboutcars.com/2015/02/cadillacs-oscars-2015-adverts-channel-teddy-shows-no-product/#comments Thu, 19 Feb 2015 11:00:56 +0000 http://www.thetruthaboutcars.com/?p=1003978 Melody Lee may or may not be on the red carpet Sunday, but Teddy Roosevelt’s essence will be felt in one of Cadillac’s Oscars 2015 adverts. Detroit Free Press reports the advert, called “Dare Greatly,” pulls the famous “Man in the Arena” passage from President Theodore Roosevelt’s 35-page “Citizenship in a Republic” speech at the […]

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Melody Lee may or may not be on the red carpet Sunday, but Teddy Roosevelt’s essence will be felt in one of Cadillac’s Oscars 2015 adverts.

Detroit Free Press reports the advert, called “Dare Greatly,” pulls the famous “Man in the Arena” passage from President Theodore Roosevelt’s 35-page “Citizenship in a Republic” speech at the Sorbonne in Paris, France, delivered April 23, 1910, though no credit is given to the historic president:

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming … who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

Aside from the lack of credit, all versions of the advert to be shown during the Oscars telecast offer plenty of views of the brand’s new home of New York, but none of its products. Representative David Caldwell said two other ads will also air Sunday evening, with at least one featuring a Cadillac. The ads are the first created by Publicis Worldwide for the brand; the agency replaced Detroit-based Lowe Campbell Ewald last year.

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Tesla Hitting Sales Roadblock In China http://www.thetruthaboutcars.com/2015/02/tesla-hitting-sales-roadblock-china/ http://www.thetruthaboutcars.com/2015/02/tesla-hitting-sales-roadblock-china/#comments Wed, 18 Feb 2015 16:00:22 +0000 http://www.thetruthaboutcars.com/?p=1003778 Tesla’s Apple aspirations may have its detractors, but the automaker’s ongoing problems in China are likely to do more harm than said detractors. Forbes reports Tesla’s China operations are closing 2014 on a down note, having brought over 444 units in December compared to 747 in November. Further, 45 percent of all Teslas have yet […]

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Tesla’s Apple aspirations may have its detractors, but the automaker’s ongoing problems in China are likely to do more harm than said detractors.

Forbes reports Tesla’s China operations are closing 2014 on a down note, having brought over 444 units in December compared to 747 in November. Further, 45 percent of all Teslas have yet to be registered with local authorities, and therefore, have yet to legally hit the road. The country also accounted for 15 percent of the automaker’s global sales in 2014.

The issue is the brand’s cachet with Chinese consumers, who bought the Model S because of its trendiness, not because it’s better for the environment. Thus, Tesla’s popularity will last as long as the next trendy vehicle from a competing luxury automaker.

CEO Elon Musk’s current solution? Fire or demote those “not on a clear path to positive long-term cash flow.” The publication says this approach will only “erode his power base and credibility,” aspects he needs to maintain if he intends to keep to the path of long-term sustainable growth and stability.

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WSJ To Tesla: Cast Aside Corporate Welfare To Improve Image http://www.thetruthaboutcars.com/2015/02/wsj-tesla-cast-aside-corporate-welfare-improve-image/ http://www.thetruthaboutcars.com/2015/02/wsj-tesla-cast-aside-corporate-welfare-improve-image/#comments Tue, 17 Feb 2015 14:00:51 +0000 http://www.thetruthaboutcars.com/?p=1002850 Despite its visions of having a valuation on par with Apple within a decade, Tesla’s subsistence on subsidies may be hard for some to swallow. The Wall Street Journal said as much in an opinion piece following Tesla CEO Elon Musk’s proclamation to grow his company 50 percent annually, with a stock valuation of $700 […]

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Despite its visions of having a valuation on par with Apple within a decade, Tesla’s subsistence on subsidies may be hard for some to swallow.

The Wall Street Journal said as much in an opinion piece following Tesla CEO Elon Musk’s proclamation to grow his company 50 percent annually, with a stock valuation of $700 billion to come in 10 years’ time; the company is currently valued at $27 billion. The publication points out that its $108 million loss in Q4 2014 — thought to be linked to delivery issues, a strong dollar and manufacturing issues — would have been much worse had it not taken $86 million from selling federal carbon credits that quarter.

Continuing with the train of thought, WSJ noted those credits were the result of Tesla’s lineup falling in line with federal and state fuel-efficiency and ZEV mandates, the surplus of said credits being sold to other automakers whose own lineups may be lacking in the green department. In 2014 alone, Tesla sold $216 million in credits, matching 7 percent of what the company sold in EVs.

Other points noted include the $1.5 billion in tax breaks bestowed upon the automaker in its native California and in Nevada, where its Gigafactory battery-pack production facility, as well as the $7,500 federal tax rebate consumers receive upon purchasing a Model S. The publication concluded by urging Musk to “turn off the taxpayer tap,” on the premise that by so doing, he and his company would gain more friends “for the long haul,” whomever they may be.

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Geneva 2015: Mercedes Pullman, C-Class PHEV To Debut http://www.thetruthaboutcars.com/2015/02/geneva-2015-mercedes-pullman-c-class-phev-debut/ http://www.thetruthaboutcars.com/2015/02/geneva-2015-mercedes-pullman-c-class-phev-debut/#comments Mon, 16 Feb 2015 11:00:54 +0000 http://www.thetruthaboutcars.com/?p=1001946 The big daddy of despot and celebrity rides will model its new suit when the Mercedes Pullman arrives arm-in-arm with a C-Class PHEV in Geneva next month. Reuters reports the new six-passenger Pullman will, like the original’s ideological successor, the S600 Pullman, be based upon the current S-Class, but will gain a meter in the […]

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The big daddy of despot and celebrity rides will model its new suit when the Mercedes Pullman arrives arm-in-arm with a C-Class PHEV in Geneva next month.

Reuters reports the new six-passenger Pullman will, like the original’s ideological successor, the S600 Pullman, be based upon the current S-Class, but will gain a meter in the length of its wheelbase to accommodate high-level dignitaries and celebrities on their way to world-affecting and/or illicit affairs.

As for the C-Class PHEV, the model will be among the first to have a plug-in hybrid powertrain, allowing drivers to head into the city for work and/or errands on just electric power alone.

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Chicago 2015: 2016 Acura RDX Debuts http://www.thetruthaboutcars.com/2015/02/chicago-2015-2016-acura-rdx-debuts/ http://www.thetruthaboutcars.com/2015/02/chicago-2015-2016-acura-rdx-debuts/#comments Thu, 12 Feb 2015 17:08:58 +0000 http://www.thetruthaboutcars.com/?p=998114 An hour after Honda debuted its new Pilot, the refreshed 2016 Acura RDX took to the ramp at the 2015 Chicago Auto Show. Much like the Pilot, the RDX gains a nine-speed automatic to direct power to the front or all corners. Said power comes from an updated 3.5-liter V6 generating 279 horsepower and 252 […]

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An hour after Honda debuted its new Pilot, the refreshed 2016 Acura RDX took to the ramp at the 2015 Chicago Auto Show.

Much like the Pilot, the RDX gains a nine-speed automatic to direct power to the front or all corners. Said power comes from an updated 3.5-liter V6 generating 279 horsepower and 252 lb-ft of torque, with cylinder deactivation adding 1 mpg on the highway for both FWD and AWD models; the most efficient highway star garners 29 mpg.

Other features on the premium crossover include: LED projector headlamps; AcuraWatch safety system; heated front seats; remote start; front/rear parking sensors; and second-row air vents. The 2016 Acura RDX is due in showrooms this spring, hoping to continue where the crossover left off in 2014, when 45,000 units took to the highways of the United States.

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Tesla’s Q4 2014 Sees $108M Loss Despite Strong Demand For S, X http://www.thetruthaboutcars.com/2015/02/teslas-q4-2014-sees-108m-loss-despite-strong-demand-s-x/ http://www.thetruthaboutcars.com/2015/02/teslas-q4-2014-sees-108m-loss-despite-strong-demand-s-x/#comments Thu, 12 Feb 2015 00:05:04 +0000 http://www.thetruthaboutcars.com/?p=997306 Tesla’s Q4 2014 didn’t go so well despite strong demand for its Model S, losing $108 million in earnings over the quarter. The Wall Street Journal reports the automaker has 10,000 booked orders for the premium EV sedan, as well as 20,000 for the Model X crossover now expected to hit the showrooms in Q3 […]

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Tesla’s Q4 2014 didn’t go so well despite strong demand for its Model S, losing $108 million in earnings over the quarter.

The Wall Street Journal reports the automaker has 10,000 booked orders for the premium EV sedan, as well as 20,000 for the Model X crossover now expected to hit the showrooms in Q3 2015. However, the loss is attributed to both a lag between production and fulfillment of the Model S P85D, and a strong dollar.

Sales in Q4 2014 fared better than in Q4 2013, with 9,834 units sold over 6,892. The sales figure also bests Q3 2014’s results, when 7,785 vehicles left the showroom. Overall deliveries for the outgoing fiscal year amounted to 32,733 — short of the 33,000 Tesla hoped to move that year — with 55,000 global sales projected for the upcoming year.

Q4 2014 revenue jumped to $956.6 million over the previous year’s $615 million, while operating expenses almost doubled over the same period, hitting $336.5 million. Capital spending for the upcoming year is expected to hit $1.5 billion, divided between Gigafactory investments, production increases, readying the Model X for production, and sales and service. Cash supply dropped from $2.4 billion in Q3 2014 to $1.9 billion in Q4.

As for the stock price, Tesla shares closed at $212.80 Wednesday, having recovered from CEO Elon Musk’s comments in January about Chinese sales and when his company would become profitable; the stock price then fell to $177.22. That said, it’s still lower than the peak of $291.42 achieved last September.

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Sources: Three Challenges Behind Tesla Model X Delay http://www.thetruthaboutcars.com/2015/02/sources-three-challenges-behind-tesla-model-x-delay/ http://www.thetruthaboutcars.com/2015/02/sources-three-challenges-behind-tesla-model-x-delay/#comments Tue, 10 Feb 2015 11:00:08 +0000 http://www.thetruthaboutcars.com/?p=995282 The oft-delayed Tesla Model X is currently set for a Q3 2015 launch, two years after it was originally supposed to enter showrooms. How did this happen? Green Car Reports offers three reasons for the gull-winged crossover’s delay from its anonymous sources, the first being the bane of all electric vehicles, range. Tesla had hoped […]

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Tesla Model X

The oft-delayed Tesla Model X is currently set for a Q3 2015 launch, two years after it was originally supposed to enter showrooms. How did this happen?

Green Car Reports offers three reasons for the gull-winged crossover’s delay from its anonymous sources, the first being the bane of all electric vehicles, range. Tesla had hoped to pull 250 miles from the 85-kWh model by using side-view cameras in lieu of door mirrors. However, doing so would require some changes to safety standards, standards that are currently under-study by the National Highway Traffic Safety Administration. With nothing on the horizon, the automaker will have to find those miles elsewhere for now.

Another issue is the rear “falcon” doors. While keeping the elements out has been solved, side-impact protection and structural issues remain. With expectations of safety to be equal to the Model S, the doors would need strong interlocking beams to protect the rear passengers, at the expense of increased weight and possible consumption of precious interior space. In turn, the doors’ torsion springs have to better spread the weight through the narrow spine of the aluminum roof, lest warpage occur. The automaker may end up using more expensive titanium to get that it needs out of that part of the crossover.

Finally, the dual-motor powertrain has to be able to tow “a trailer with a couple of motorcycles or personal watercraft.” Doing so would require extensive cooling measures to ensure the electric motors can sustain the output needed to two for miles/hours on end, which means foregoing the glycol-coolant system in the Model S P85D for refrigerant to actively remove the heat.

While Tesla claims the Model X is “on track for a Q3 launch,” Green Car Reports‘ sources point to production beginning as late as 18 to 24 months from now, a timeframe that would overlap the low-cost Model 3’s projected production start.

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Credit Suisse Picks Tesla As One Of Its Favorites For 2015 http://www.thetruthaboutcars.com/2015/02/credit-suisse-picks-tesla-one-favorites-2015/ http://www.thetruthaboutcars.com/2015/02/credit-suisse-picks-tesla-one-favorites-2015/#comments Mon, 09 Feb 2015 13:00:07 +0000 http://www.thetruthaboutcars.com/?p=994858 Looking for new stock to add to your portfolio in 2015? Credit Suisse has one for your consideration: Tesla. Bidness Etc reports the investment firm’s analyst picked the Californian EV automaker as its one of its favorites in the Auto and Auto Parts Industry category. Dan Galves, who led the investment research on Tesla, says […]

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2013 Tesla Model S P85 Fishing boat

Looking for new stock to add to your portfolio in 2015? Credit Suisse has one for your consideration: Tesla.

Bidness Etc reports the investment firm’s analyst picked the Californian EV automaker as its one of its favorites in the Auto and Auto Parts Industry category. Dan Galves, who led the investment research on Tesla, says the automaker’s biggest selling point for the medium term is its Gigafactory and lithium-battery pack technology. He and his fellow analysts believe the main goal of the factory — to reduce production costs — is probable, with parity compared to coventionally powered vehicles to come by 2017.

Credit Suisse also projects the Model X — when it finally does arrive — “will be a potential positive catalyst in the process of slowly shifting the industry toward EVs.” Increased production volume visibility during H2 2015 is also expected to provide a view of the automaker’s EBIT margin potential, with the firm bestowing an Outperform rating and a $325 price target on the stock.

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2016 Volvo S60 Cross Country To Be Rarity In US Market http://www.thetruthaboutcars.com/2015/02/2016-volvo-s60-cross-country-rarity-us-market/ http://www.thetruthaboutcars.com/2015/02/2016-volvo-s60-cross-country-rarity-us-market/#comments Thu, 05 Feb 2015 12:00:17 +0000 http://www.thetruthaboutcars.com/?p=993978 Future sightings of the upcoming 2016 Volvo S60 Cross Country are likely to be rare, as only 500 will arrive in U.S. showrooms this summer. Car and Driver reports the 500 will wear the concept’s Austrian Gray and either black or white when it arrives in the United States. Meanwhile, markets such as Russia and […]

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Future sightings of the upcoming 2016 Volvo S60 Cross Country are likely to be rare, as only 500 will arrive in U.S. showrooms this summer.

Car and Driver reports the 500 will wear the concept’s Austrian Gray and either black or white when it arrives in the United States. Meanwhile, markets such as Russia and India may see the standard S60 replaced with the more off-road capable sedan, based on the rougher road conditions found in both countries.

As for why the U.S. will see so few S60 Cross Countrys, Volvo North America boss Lex Kerssemakers says it’s an experiment to determine how successful such a beast would be among the audience it hopes to attract: those who want what SUVs and crossovers have, but not in an SUV- or crossover-sized package:

There are so many niches popping up these days. You see our competitors trying to fill all sorts of niches, and I’m not convinced that the consumer is really ready for all those niches. But in all fairness, you don’t know until you have tried. You can test and clinic whatever you want, but at the end it’s the real life in which you have to find it out. We’ll see how it works.

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2016 Acura MDX Hits Showrooms With Nine-Speed Auto, Safety Tech Suite http://www.thetruthaboutcars.com/2015/02/2016-acura-mdx-hits-showrooms-nine-speed-auto-safety-tech-suite/ http://www.thetruthaboutcars.com/2015/02/2016-acura-mdx-hits-showrooms-nine-speed-auto-safety-tech-suite/#comments Wed, 04 Feb 2015 12:00:57 +0000 http://www.thetruthaboutcars.com/?p=993562 Starting today, the 2016 Acura MDX will hit U.S. showrooms with an assortment of power and technological upgrades. Power for the new premium crossover comes from its 3.5-liter, 24-valve, direct-injection i-VTEC V6, which now paired with a nine-speed automatic with Acura’s Sequential SportShift. The new transmission not only replaces the former six-speed auto, but weighs […]

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2016 Acura MDX 02

Starting today, the 2016 Acura MDX will hit U.S. showrooms with an assortment of power and technological upgrades.

Power for the new premium crossover comes from its 3.5-liter, 24-valve, direct-injection i-VTEC V6, which now paired with a nine-speed automatic with Acura’s Sequential SportShift. The new transmission not only replaces the former six-speed auto, but weighs 66 pounds less than said unit. Colin Chapman’s philosophy is also applied to the MDX’s Super Handling All-Wheel Drive system, where its rear differential is now 19 pounds lighter than the previous part.

The other major upgrade for the MDX is the AcuraWatch package, which comes by itself on all MDX, and is standard when part of the Advance Package. The suite includes adaptive cruise control, collision mitigation, lane departure/lane keeping/road departure, blind-spot information with rear cross-traffic monitor, and multi-view rear camera.

Other features include: Siri Eyes Free voice recognition; easy-entry/exit driver’s seat that moves 35 mm back when the door is opened; bi-directional remote engine starter; start-stop; and a tire-pressure monitor that alerts when tires are inflated to the correct pressure.

Price of admission begins at $42,865 for the base MDX, $57,080 for the top-end MDX SH-AWD with Advance, Entertainment and AcuraWatch Plus packages on-board. Fuel economy for most AWD models amounts to 18 city/26 highway/21 combined, with start-stop adding 1 mpg to the city and combined figures. FWD models do slightly better at 19/27/22, 20/27/23 with start-stop.

2016 Acura MDX 02 2016 Acura MDX 01

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Mercedes-Maybach Lands In China With S600, S400 Models http://www.thetruthaboutcars.com/2015/02/mercedes-maybach-lands-china-s600-s400-models/ http://www.thetruthaboutcars.com/2015/02/mercedes-maybach-lands-china-s600-s400-models/#comments Tue, 03 Feb 2015 15:00:37 +0000 http://www.thetruthaboutcars.com/?p=992938 Chinese luxury sedan consumers are the first to see Mercedes-Maybach in their showrooms, arriving in the form of the S600 and S400. CarNewsChina reports the S400 4-Matic retails for ¥1.3 million ($229,000 USD), while the S600 goes for ¥2.88 million ($462,000); for comparison, the S600 will sell for $189,350 when hits U.S. showrooms on Tax […]

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maybach-china-launch-6

Chinese luxury sedan consumers are the first to see Mercedes-Maybach in their showrooms, arriving in the form of the S600 and S400.

CarNewsChina reports the S400 4-Matic retails for ¥1.3 million ($229,000 USD), while the S600 goes for ¥2.88 million ($462,000); for comparison, the S600 will sell for $189,350 when hits U.S. showrooms on Tax Day.

Power comes from either a 3-liter biturbo V6 with 330 horses and 354 lb-ft of torque for the S400, or a biturbo V12 with 530 horses and 612 lb-ft of torque for the S600. Both premium sedans send their respective power through a seven-speed auto either to the back or all corners, depending on model.

Other features include: Burmeister sound system; captain seats; rear-seat entertainment system; leather and wood interior; 20-inch alloys; and chrome for days.

Mercedes’ decision to introduce the Mercedes-Maybach sub-brand to China first is a play to have the country be the brand’s largest market from the start. This shouldn’t be too much trouble, as used Maybachs can be had for as low as ¥2.68 million ($430,000) and newer models hitting nearly ¥12 million ($1.9 million), showing the overall strength of the Maybach name in the market.

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Wright: Tesla’s Camry ‘Not Possible’ Despite Ongoing Success http://www.thetruthaboutcars.com/2015/02/wright-teslas-camry-not-possible-despite-ongoing-success/ http://www.thetruthaboutcars.com/2015/02/wright-teslas-camry-not-possible-despite-ongoing-success/#comments Tue, 03 Feb 2015 12:00:51 +0000 http://www.thetruthaboutcars.com/?p=992866 Tesla co-founder Ian Wright says that while he’s surprised by his old company’s success, the idea of a mass-market EV still doesn’t seem likely. During an interview with San Francisco Business Times about Wrightspeed’s relocation from San Jose to Alameda, Calif., Wright was pleased that Tesla “worked out… quite a lot better” than he originally […]

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Ian Wright

Tesla co-founder Ian Wright says that while he’s surprised by his old company’s success, the idea of a mass-market EV still doesn’t seem likely.

During an interview with San Francisco Business Times about Wrightspeed’s relocation from San Jose to Alameda, Calif., Wright was pleased that Tesla “worked out… quite a lot better” than he originally thought it would, praising the success of the Model S.

As for Tesla’s overall goal of building EVs “cheaper and cheaper and cheaper until they were outselling the Camry,” he still thinks that isn’t possible, having never been “on board” with the idea among co-founders Martin Eberhard and Mark Tarpenning.

As for his own company, which makes hybrid gas-electric turbine drivetrains for medium and heavy commercial vehicles like garbage and delivery trucks, Wright says there’s a $5 billion market in the United States for his drivetrains, $2 billion alone in garbage trucks. Clients such as FedEx and Ratto Group have installed Wrightspeed tech into their fleets in California, while the California Energy Commission bestowed his company with nearly $7 million in grants.

Speaking of funding, Wright is preparing an IPO in the event he does take his company public, hoping he might do better than when he sold his Tesla shares in 2010 prior to their astronomical appreciation.

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Land Rovers, Jaguars Et Al Leave Höegh Osaka After Month At Sea http://www.thetruthaboutcars.com/2015/01/land-rovers-jaguars-et-al-leave-hoegh-osaka-month-sea/ http://www.thetruthaboutcars.com/2015/01/land-rovers-jaguars-et-al-leave-hoegh-osaka-month-sea/#comments Fri, 30 Jan 2015 11:00:05 +0000 http://www.thetruthaboutcars.com/?p=991122 Having spent most of January on its side, the Höegh Osaka returned to Southampton, England Tuesday to unload 1,400 premium vehicles bound for Germany. According to The Daily Mail, the car carrier was intentionally run aground in the Solent off the Isle of Wight January 3 when it began to list at 52 degrees shortly […]

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Land Rover Hoegh Osaka

Having spent most of January on its side, the Höegh Osaka returned to Southampton, England Tuesday to unload 1,400 premium vehicles bound for Germany.

According to The Daily Mail, the car carrier was intentionally run aground in the Solent off the Isle of Wight January 3 when it began to list at 52 degrees shortly after departing for Germany through the English Channel. Around 1,400 premium vehicles were onboard, including Land Rover Defenders, Jaguar XFs, MINIs, a Rolls-Royce Wraith, and a Porsche Boxster.

Presently, each of the 1,400 vehicles aboard are being inspected for any damage, especially the type that would mean a final ride to the crusher. The final total won’t come until early next week at the latest, though a decision to follow in Mazda’s footsteps — the automaker scrapped 4,700 units aboard the Cougar Ace in 2006 — would prove costly; the total value of Höegh Osaka’s cargo stands at £30 million ($45 million USD).

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Kia Lowers K900 Pricing With New Premium Trim http://www.thetruthaboutcars.com/2015/01/kia-lowers-k900-pricing-new-premium-trim/ http://www.thetruthaboutcars.com/2015/01/kia-lowers-k900-pricing-new-premium-trim/#comments Thu, 29 Jan 2015 13:00:09 +0000 http://www.thetruthaboutcars.com/?p=989946 Shopping around for a Korean premium sedan with rear-wheel drive and V8 power, but not looking to spend much? Kia just might have what you need. Motor Authority reports the brand recently dropped the price on its K900 sedan with the help of a new Premium trim that deletes niceties like LED headlights, chrome and […]

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2015 Kia K900

Shopping around for a Korean premium sedan with rear-wheel drive and V8 power, but not looking to spend much? Kia just might have what you need.

Motor Authority reports the brand recently dropped the price on its K900 sedan with the help of a new Premium trim that deletes niceties like LED headlights, chrome and Nappa leather. The price of admission, as a result, begins at $55,400. To get those back, consumers would have to upgrade to the Luxury trim, which begins at $59,500; the previous sole K900 model had an MSRP of $60,400.

No matter if your K900 is loaded or barely stripped, the sedan still has its 5-liter, 420-horsepower V8, and still costs less than similar machines from Lexus or Mercedes. That said, Kia may need all the help it can get to move its flagship out of the showroom, having sold just 1,330 units in 2014 in comparison to the brand’s other premium and near-premium models, the David Bowie-enhanced Cadenza (9,267), and the Jaguar XF-esque Optima (159,020).

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Volkswagen Moving Ahead With New Phaeton Despite Itself http://www.thetruthaboutcars.com/2015/01/volkswagen-moving-ahead-new-phaeton-despite/ http://www.thetruthaboutcars.com/2015/01/volkswagen-moving-ahead-new-phaeton-despite/#comments Thu, 29 Jan 2015 12:00:34 +0000 http://www.thetruthaboutcars.com/?p=989922 Despite cost-cutting measures meant to save the automaker €5 billion annually by 2017, Volkswagen is moving ahead with a new Phaeton by 2018 at the latest. Reuters reports the revamp of the €76,000 ($86,000 USD) executive car would cost up to €650 million ($733 million) according to Evercore ISI analyst Arndt Ellinghorst, flying in the […]

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phaetons

Despite cost-cutting measures meant to save the automaker €5 billion annually by 2017, Volkswagen is moving ahead with a new Phaeton by 2018 at the latest.

Reuters reports the revamp of the €76,000 ($86,000 USD) executive car would cost up to €650 million ($733 million) according to Evercore ISI analyst Arndt Ellinghorst, flying in the face of a pledge by VW to cut production costs and non-profitable models in order to save €5 billion ($5.6 billion) annually by 2017. He adds that the Phaeton — the €1 billion ($1.13 billion) pet project of Chairman Ferdinand Piech that has lost €28,000 ($32,000) per unit sold between 2002 and 2012 alone — is “the most irrational project” as far as budgeting goes, yet lives on because Piech and CEO Martin Winterkorn “cannot let go of their fondness for luxury products.”

Additionally, the Phaeton would not only have a hard time doing battle against the likes of the Mercedes-Benz S-Class and BMW 7 Series as far as sales go (85,000 units annually for the S and 64,000 for the 7 compared to an estimated 11,900 for the new model between 2017 and 2020), but it would also struggle against its own stablemate, the Audi A8. U.S. sales are another likely challenge, as well, considering the automaker’s own struggles in understanding the U.S. market.

Nonetheless, VW is preparing the second-gen Phaeton for its showroom debut between 2017 and 2018, with a PHEV version coming down the pipe, as well.

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Plan To Increase US Porsche Macan Allocation In The Works http://www.thetruthaboutcars.com/2015/01/plan-increase-us-porsche-macan-allocation-works/ http://www.thetruthaboutcars.com/2015/01/plan-increase-us-porsche-macan-allocation-works/#comments Tue, 27 Jan 2015 11:00:05 +0000 http://www.thetruthaboutcars.com/?p=988970 Been waiting a while for a chance to drive home a Porsche Macan? The automaker plans to increase supply to meet demand in 2015. According to Automotive News, Porsche Cars North America COO Joe Lawrence says his subsidiary is pushing for more units because of the Macan’s popularity thus far, and to ensure no customers […]

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2015 Porsche Macan S

Been waiting a while for a chance to drive home a Porsche Macan? The automaker plans to increase supply to meet demand in 2015.

According to Automotive News, Porsche Cars North America COO Joe Lawrence says his subsidiary is pushing for more units because of the Macan’s popularity thus far, and to ensure no customers waiting in line will go seek solace in an X4 or Evoque.

Said wait has been six months and above since the premium crossover went on sale in the United States last May: 7,241 units left the showroom from May through December 2014.

As for how many will be allocated in 2015, Lawrence couldn’t confirm, citing production constraints at the automaker’s factory in Leipzig, Germany and high global demand as factors. A diesel model is also expected in the U.S. by the end of this year.

However many Macans do hit the road this year will help Porsche reach its goal of 50,000 sold in the U.S. annually three years ahead of schedule; 47,007 911s, Cayennes, Macans et al were sold in 2014.

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De Nysschen: Small Cadillac CUV Due In Four Years’ Time http://www.thetruthaboutcars.com/2015/01/de-nysschen-small-cadillac-cuv-due-four-years-time/ http://www.thetruthaboutcars.com/2015/01/de-nysschen-small-cadillac-cuv-due-four-years-time/#comments Mon, 26 Jan 2015 13:00:24 +0000 http://www.thetruthaboutcars.com/?p=988490 Ballers looking for a much smaller Cadillac Escalade may need to wait four years before such a beast arrives, per president Johan de Nysschen. Reuters reports the small crossover will be priced under the Escalade’s current $72,970 base price, and will be part of the brand’s overall $12 billion lineup expansion plan that will see […]

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2015-Cadillac-Escalade-live-photos-11

Ballers looking for a much smaller Cadillac Escalade may need to wait four years before such a beast arrives, per president Johan de Nysschen.

Reuters reports the small crossover will be priced under the Escalade’s current $72,970 base price, and will be part of the brand’s overall $12 billion lineup expansion plan that will see eight vehicles introduced between now and the end of the decade.

Also coming in 2019: diesel-power for both cars and crossovers/SUVs. De Nysschen said he wants to start pushing for market share in Europe during the 2020s, explaining that “if you want to play in Europe, you better have some diesels.” Said diesels would also be sold in the U.S. market.

Meanwhile, he expects sales to remain flat for 2015, linked to the lack of new product beyond the upcoming CT6 flagship until late into 2017. De Nysschen adds that the strengthening U.S. dollar would leave a dent in his brand and those of his U.S.-based competitors, while Asian and European automakers use the currency challenge to cut prices on their respective offerings.

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