The Truth About Cars » Production http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Mon, 06 Jul 2015 20:00:00 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 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 » Production http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/news-blog/production-news-blog/ More Corporate Average Horsepower, Hellcat Production Going Up http://www.thetruthaboutcars.com/2015/07/more-corporate-average-horsepower-hellcat-production-going-up/ http://www.thetruthaboutcars.com/2015/07/more-corporate-average-horsepower-hellcat-production-going-up/#comments Sat, 04 Jul 2015 15:51:01 +0000 http://www.thetruthaboutcars.com/?p=1107873 Nothing is more American than a high-horsepower V8 in a muscle car. Thanks to increased demand, roads are going to feature more of that familiar V8 rumble as Dodge ramps up Hellcat production. According to Automotive News, FCA has produced approximately 4,000 Hellcat engines so far this year, even as the company stopped taking orders for […]

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Supercharged 6.2-liter HEMI® Hellcat V-8 engine produces 707 ho

Nothing is more American than a high-horsepower V8 in a muscle car. Thanks to increased demand, roads are going to feature more of that familiar V8 rumble as Dodge ramps up Hellcat production.

According to Automotive News, FCA has produced approximately 4,000 Hellcat engines so far this year, even as the company stopped taking orders for the Charger and Challenger models in an effort to get caught up with demand.

“We’ve sold 88,000 muscle cars [this calendar year], Challengers and Chargers, and 4,000 of those have been Hellcats. It’s a small sliver of what we sell, but it really creates a halo for the rest of the lineup,” Tim Kuniskis, head of Dodge and SRT, told the trade publication. “For example, the next highest car, the Scat Pack Challenger, I have essentially a zero-day supply. It’s sold out.”

So, if you’re looking for a Hellcat in the near-ish future, you may be in luck. What’s more American than a muscle car assembled in Canada with an engine from Mexico?

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Jeep Points to Map of India, Says Let’s Print More Money Here http://www.thetruthaboutcars.com/2015/07/jeep-points-to-map-of-india-says-lets-print-more-money-here/ http://www.thetruthaboutcars.com/2015/07/jeep-points-to-map-of-india-says-lets-print-more-money-here/#comments Wed, 01 Jul 2015 19:00:11 +0000 http://www.thetruthaboutcars.com/?p=1104881 More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets. For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA […]

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2015 Jeep Renegade

More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets.

For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA will put $280 million USD into joint venture Fiat India Automobiles Private Limited which, since 2007, has solely produced Fiat models.

The investment will “support the production of a new Jeep vehicle and is expected to begin production in the second quarter of 2017,” according to statement released today by FCA. Jeep did not give further details on the new model.

With Sergio Marchionne’s hunger for consolidation, this could be seen as a sign of interest in a more formal arrangement between FCA and India’s Tata, especially when you consider the FCA executive’s desire for a Range Rover-esque model.

“We are pleased that this investment will strengthen FCA presence in India and are confident in the ability of the joint venture to produce world class products like those carrying the legendary Jeep nameplate,” Marchionne said.

This announcement is part of a wider expansion by Jeep into new markets. From The Detroit News:

FCA plans to produce 1.9 million Jeeps by 2018 at 10 plants in six countries: the U.S., Italy, China, Brazil, India and one other yet-to-be-announced country. Two years ago, only 798,000 rolled out of four plants in the United States.

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California’s Black License Plates Are Back In Production http://www.thetruthaboutcars.com/2015/06/californias-black-license-plates-are-back-in-production/ http://www.thetruthaboutcars.com/2015/06/californias-black-license-plates-are-back-in-production/#comments Thu, 25 Jun 2015 19:00:48 +0000 http://www.thetruthaboutcars.com/?p=1099905 Thanks to California’s Legacy Plate Program, the state’s classic black license plates are back on the presses. The program, Hemmings Daily writes, was passed in 2012 after Assemblyman Mike Gatto noted the molds used to stamp the black, yellow and blue plates made in separate eras between 1963 and 1982 “were just sitting there in […]

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CAblackplate_700

Thanks to California’s Legacy Plate Program, the state’s classic black license plates are back on the presses.

The program, Hemmings Daily writes, was passed in 2012 after Assemblyman Mike Gatto noted the molds used to stamp the black, yellow and blue plates made in separate eras between 1963 and 1982 “were just sitting there in Folsom prison,” per Gatto’s legislative director Aaron Moreno. Moreno adds the molds were found intact once the dust was cleared, paving the way toward reintroduction.

However, the three plates could only be made if each one garnered a minimum of 7,500 pre-orders between January 2013 and December 2014. While the black plates blew away the rest with 20,000 pre-orders to date, the yellow and blue plates only had few thousand each.

When the new plates leave Folsom in the next few weeks, there will be two key differences between the 2015 edition and the originals made between 1963 and 1969: the “63” stamped in the right-corner sticker window will not be there, and the plate overall will be covered in a reflective coating as required by law. Otherwise, it will appear as if stamping never ceased.

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Dodge Grand Caravan Continuing Into 2017 Model Year http://www.thetruthaboutcars.com/2015/06/dodge-grand-caravan-continuing-into-2017-model-year/ http://www.thetruthaboutcars.com/2015/06/dodge-grand-caravan-continuing-into-2017-model-year/#comments Tue, 23 Jun 2015 18:00:09 +0000 http://www.thetruthaboutcars.com/?p=1097873 Mourning over the loss of the Dodge Grand Caravan? You won’t need to pour a 40 out for your homie yet, as production will go on through the 2017 model year. Per an internal document unearthed by Automotive News‘s sources, FCA will continue production of the minivan alongside the redesigned Chrysler Town & Country set […]

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2015 Dodge Grand Caravan SXT Blacktop Package

Mourning over the loss of the Dodge Grand Caravan? You won’t need to pour a 40 out for your homie yet, as production will go on through the 2017 model year.

Per an internal document unearthed by Automotive News‘s sources, FCA will continue production of the minivan alongside the redesigned Chrysler Town & Country set to hit the line February 29, 2016. The 2017 model — bearing the same code as the 2015 edition — will join the T&C August 23 of the same year.

The continuation of the Grand Caravan — originally slated to end in 2016 — may be a hedge against losing market share over the T&C’s new look, and would also meet demand in Canada and from fleet owners.

A representative reiterated the Grand Caravan would eventually be discontinued, adding no further details on the continuation could be given at this time.

(Photo credit: Dodge)

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Tesla Model 3 Full Production Beginning 2018 http://www.thetruthaboutcars.com/2015/06/tesla-model-3-full-production-beginning-2018/ http://www.thetruthaboutcars.com/2015/06/tesla-model-3-full-production-beginning-2018/#comments Tue, 23 Jun 2015 15:00:34 +0000 http://www.thetruthaboutcars.com/?p=1097769 The Tesla Model 3 duo will seem like vaporware for a while longer, as full production of the low-cost EVs won’t start until 2018. During a presentation by Chief Technical Officer J.B. Straubel at last week’s U.S. Energy Information Conference, Business Insider says a slide — page 23, if you’re wondering — showing how the […]

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Tesla Repair Bay With Superchargers

The Tesla Model 3 duo will seem like vaporware for a while longer, as full production of the low-cost EVs won’t start until 2018.

During a presentation by Chief Technical Officer J.B. Straubel at last week’s U.S. Energy Information Conference, Business Insider says a slide — page 23, if you’re wondering — showing how the price gap between ICE and electric vehicles will close as battery costs improve also noted the Model 3 was planned for 2018.

The date given looked like Tesla was pushing back the $35,000 pair’s concept and deliveries in 2016 and 2017, respectively, but the automaker’s representatives later explained to Bloomberg’s Cory Johnson — who tweeted the information about the slide — the 2018 date was for full production; initial production is still a go for 2017.

The presentation comes on the heels of the news the Model 3 won’t be one model, but two: a sedan and a crossover, both starting at $35,000, both able to cover 200 miles on one charge.

(Photo credit: Tesla/Facebook)

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Volkswagen Expects ‘Limited Growth’ In US Through 2017, Supplier Arrives In Tennessee http://www.thetruthaboutcars.com/2015/06/volkswagen-expects-limited-growth-in-us-through-2017-supplier-arrives-in-tennessee/ http://www.thetruthaboutcars.com/2015/06/volkswagen-expects-limited-growth-in-us-through-2017-supplier-arrives-in-tennessee/#comments Mon, 22 Jun 2015 18:00:59 +0000 http://www.thetruthaboutcars.com/?p=1097377 Volkswagen USA CEO Michael Horn says the automaker expects “limited growth” until its new SUVs arrive, while one of its suppliers sets up shop in Tennessee. Though parent company Volkswagen AG had once hoped for 800,000 units sold by 2018 in the United States, Horn downplayed the target’s importance, Reuters reports: [The 2018 sales target] […]

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Volkswagen Crossblue Concept Parked In Front Of VW Chattanooga Tennessee Plant

Volkswagen USA CEO Michael Horn says the automaker expects “limited growth” until its new SUVs arrive, while one of its suppliers sets up shop in Tennessee.

Though parent company Volkswagen AG had once hoped for 800,000 units sold by 2018 in the United States, Horn downplayed the target’s importance, Reuters reports:

[The 2018 sales target] is still a relevant objective… but, on the other hand, if you just focus on one year and one number you would do crazy things, so the most important thing is to have a long-term strategy.

For now, Horn states VW will need to defend its position from now through 2017, when the redesigned Tiguan and the Chattanooga, Tenn.-built midsize SUV both hit the showroom floor. Other products, including a $20,000 compact SUV and a large pickup due in 2020 at the earliest, would soon follow.

As for the 2018 target, sales fell from 440,000 in 2012, to 367,000 last year, and have fallen 4 percent since; VW’s U.S. sales peak came in 1970 with 570,000 units. LMC Automotive says the new models in 2017 will help, but would only push sales to a projected 495,000 in 2018.

Meanwhile, Spanish automotive supplier Gestamp is setting up shop near the Chattanooga facility, where it and Volkswagen will unveil a new pressing plant Tuesday. The plant would create 500 jobs, and has been described by the automaker as a “major economic development.”

(Photo credit: Volkswagen)

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Frankfurt 2015: Production-Ready Infiniti Q30 Set For Debut http://www.thetruthaboutcars.com/2015/06/frankfurt-2015-production-ready-infiniti-q30-set-for-debut/ http://www.thetruthaboutcars.com/2015/06/frankfurt-2015-production-ready-infiniti-q30-set-for-debut/#comments Sat, 20 Jun 2015 13:11:00 +0000 http://www.thetruthaboutcars.com/?p=1096097 Two years ago in Frankfurt, the Infiniti Q30 debuted before the world in concept form. Come this September, it will return with a production-ready look. The brand is putting the finishing touches on its first-ever compact luxury car, including “dynamic testing and ultimate validation” in the United Kingdom — where development of the Q30 was […]

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2013 Infiniti Q30 Concept

Two years ago in Frankfurt, the Infiniti Q30 debuted before the world in concept form. Come this September, it will return with a production-ready look.

The brand is putting the finishing touches on its first-ever compact luxury car, including “dynamic testing and ultimate validation” in the United Kingdom — where development of the Q30 was completed last year — and across the Channel in Europe.

Following its debut in mid-September, the Q30 will hit European showrooms from Nissan’s production line in Sunderland, England at the end of 2015, with other markets set to get theirs in 2016.

The Q30 and its sibling compact crossover, the upcoming QX30, are expected to receive power from the same 2.0-liter turbo-four found under the bonnets of the Mercedes-Benz CLA and GLA, whose basic underpinnings also provides a foundation for the Infiniti compacts. The exchange is part of a joint venture between Daimler AG and Renault-Nissan.

For now, this spy shot from Infiniti is the best we’ve got until closer to showtime:

Infiniti_Q30_TEASER_image___19_June_2015

(Photo credit: Infiniti)

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2017 Jeep Grand Cherokee Trackhawk Given The Green Flag http://www.thetruthaboutcars.com/2015/06/2017-jeep-grand-cherokee-trackhawk-given-the-green-flag/ http://www.thetruthaboutcars.com/2015/06/2017-jeep-grand-cherokee-trackhawk-given-the-green-flag/#comments Fri, 19 Jun 2015 18:00:47 +0000 http://www.thetruthaboutcars.com/?p=1095993 Per inside sources, the green flag has been given for the 2017 Jeep Grand Cherokee Trackhawk, with testing already underway. The Trackhawk — codenamed Project K — is undergoing powertrain testing using 2016 Grand Cherokee bodies, Motor Authority reports. Said powertrain will be none other than the supercharged 6.2-liter HEMI V8 found in the Charger […]

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2014 Jeep Grand Cherokee SRT

Per inside sources, the green flag has been given for the 2017 Jeep Grand Cherokee Trackhawk, with testing already underway.

The Trackhawk — codenamed Project K — is undergoing powertrain testing using 2016 Grand Cherokee bodies, Motor Authority reports. Said powertrain will be none other than the supercharged 6.2-liter HEMI V8 found in the Charger and Challenger Hellcats, good for 707 horsepower. A ZF eight-speed auto will funnel the raw power to all four corners, with zero to 60 coming in 3 seconds, topping out at 200 mph.

For those whose hearts aren’t hardy enough for the most brutal and metal of all Grand Cherokees, the same sources state the Grand Cherokee SRT would gain a new name and a revised 6.4-liter HEMI V8 set to generated 490 horses.

FCA remains mum on the subject for now, of course.

(Photo credit: Jeep)

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Mexico, Southeastern US Besting Canada, Detroit In Auto Manufacturing http://www.thetruthaboutcars.com/2015/06/mexico-southeastern-us-besting-canada-detroit-in-auto-manufacturing/ http://www.thetruthaboutcars.com/2015/06/mexico-southeastern-us-besting-canada-detroit-in-auto-manufacturing/#comments Tue, 16 Jun 2015 18:00:30 +0000 http://www.thetruthaboutcars.com/?p=1093441 Despite being unified on the trading front, Mexico and the Southeastern United States are besting Canada and Detroit in the automotive industry game. Presently, Mexico’s contribution to overall North American annual production came to 18.8 percent in 2014, Detroit Free Press says, double the percentage of vehicles the country’s burgeoning industry made back in 2004. […]

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National Flag of Mexico

Despite being unified on the trading front, Mexico and the Southeastern United States are besting Canada and Detroit in the automotive industry game.

Presently, Mexico’s contribution to overall North American annual production came to 18.8 percent in 2014, Detroit Free Press says, double the percentage of vehicles the country’s burgeoning industry made back in 2004. Conversely, Canada’s percentage fell from 16.9 percent a decade earlier, to 14.1 percent last year. The U.S. also lost production volume over the years, rebounding to 67.1 percent in 2014 after its seven-year-decline from a peak of 73.6 percent ended in 2011.

While the U.S. still makes the most vehicles per year, more production is heading south of the Mason-Dixon when not crossing the border entirely. DesRosiers Automotive Consultants president Dennis DesRosiers says “over half the capacity and 80 percent to 90 percent of investment dollars are going to the U.S. South or Mexico,” leaving Detroit and the Canadian auto industry out in the cold.

DesRosiers adds Canada’s industry could downsize to five automakers with a single factory each over the next 10 to 20 years, while Mexico could grow volume to an additional 1 million or 2 million units per year, thanks to heavy investments — $7 billion alone in 2014 — from North American and foreign automakers alike.

Meanwhile, IHS Automotive Consulting managing director Michael Robinet expects production volume in the Southeastern U.S. to grow to 5 million units, while volume in the Midwest will remain around 6 million units/year. Said growth is fueled by a combination of lower labor costs compared to Detroit, a nonunionized workforce at the ready, and state and local financial incentives meant to lure transplants to bring jobs to the region.

As for Canada, the nation’s industry has dwindled from 20 assembly plants — all established under the 1965 Auto Pact trade agreement between the U.S. and Canada — to just 10 in 2014 under the North American Free Trade Agreement. As a result, 2.1 million units of volume were lost since 1992, and is expected to jump to 2.6 million when General Motors ends some production at its plants in Oshawa, Ontario next year. More could be lost if FCA decides to move production of its full-size vehicles out of Canada, as well, a move which some believe will decide the ultimate fate of Canada’s industry.

No matter the projections, all three parties to the trade agreement will continue to fluctuate as far as investment is concerned. GM North America president Alan Batey said as much, stating the automaker wants to maintain a “balanced presence” in all three nations to better handle currency fluctuations and shipping costs, a view held among the manufacturers investing their resources into North America’s overall auto industry.

[Photo credit: iivangm/Flickr/CC BY 2.0]

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Straubel: Tesla Model 3 Hitting Showrooms In Sedan, Crossover Variants http://www.thetruthaboutcars.com/2015/06/straubel-tesla-model-3-hitting-showrooms-in-sedan-crossover-variants/ http://www.thetruthaboutcars.com/2015/06/straubel-tesla-model-3-hitting-showrooms-in-sedan-crossover-variants/#comments Tue, 16 Jun 2015 14:00:10 +0000 http://www.thetruthaboutcars.com/?p=1093257 Tesla dropped a bombshell at a conference in Washington Monday, when Chief Technical Officer J.B. Straubel said the Model 3 would be two separate models. Per Straubel, not only would there be a sedan to take home, but a crossover Model 3, as well, Wall Street Journal reports, complimenting the Model S and upcoming X […]

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Tesla Model S Center Stage

Tesla dropped a bombshell at a conference in Washington Monday, when Chief Technical Officer J.B. Straubel said the Model 3 would be two separate models.

Per Straubel, not only would there be a sedan to take home, but a crossover Model 3, as well, Wall Street Journal reports, complimenting the Model S and upcoming X at the entry-level starting price of $35,000. Both models are due in 2017, and will give owners 200 miles to enjoy the silence with every charge. No other details were given at this time.

Meanwhile, Straubel says Tesla is working on new models set to come after the Model 3 — no details were given here, either — and reiterated CEO Elon Musk’s statement of selling 500,000 units annually by 2020, adding there would be 1 million Teslas on the road around the world by then, as well.

The announcement comes on the heels of the automaker receiving a secured revolving credit line of up to $750 million in an agreement with Bank of America, Credit Suisse, Deutsche Bank, Goldman Sachs, J.P. Morgan Chase, Morgan Stanley and Wells Fargo. The line of credit is meant to give Tesla some breathing space as it prepares to launch the long-awaited Model X, expected to hit showrooms this fall barring (yet) another delay.

[Photo credit: Tesla/Facebook]

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Survival Of Canadian Auto Industry Hinging On FCA Brampton Reinvestment http://www.thetruthaboutcars.com/2015/06/survival-of-canadian-auto-industry-hinging-on-fca-brampton-reinvestment/ http://www.thetruthaboutcars.com/2015/06/survival-of-canadian-auto-industry-hinging-on-fca-brampton-reinvestment/#comments Mon, 15 Jun 2015 19:00:08 +0000 http://www.thetruthaboutcars.com/?p=1092793 The fate of Canada’s auto industry is linked to whether or not the nation’s leaders can convince FCA to reinvest into its Brampton, Ontario facility. The Brampton Assembly plant is home to three of FCA’s biggest draws, the Chrysler 300, Dodge Charger, and Dodge Challenger. Yet, the high rate of production and quality found there […]

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2015 Chrysler 300S

The fate of Canada’s auto industry is linked to whether or not the nation’s leaders can convince FCA to reinvest into its Brampton, Ontario facility.

The Brampton Assembly plant is home to three of FCA’s biggest draws, the Chrysler 300, Dodge Charger, and Dodge Challenger. Yet, the high rate of production and quality found there clashes against the oldest paint shop the automaker has in North America, an aging line of assembly robots, and the trio themselves looking for a major makeover, Automotive News reports.

There’s also the fact FCA is already investing $2 billion into the Windsor Assembly facility in Windsor, Ontario, where a new generation of minivans are expected to begin production in 2016. The Brampton facility needs $1 billion to modernize, something CEO Sergio Marchionne may be wary of doing.

According to the Windsor Star, Marchionne approached the Canadian and Ontario governments last year with a request for a financial incentive package totalling $700 million to augment the $3.6 billion he planned to put into Windsor and Brampton. He explained his reasoning before reporters during the 2015 Detroit Auto Show:

This commitment that we’re making is a multibillion dollar commitment. We have to resolve the issue about the competitiveness of this investment in Windsor. So, I have to make sure the environment and the conditions that support the investment are adequate to ensure a proper return on our capital. That means labour costs, that means everything.

Months later, Marchionne backed down from moving forward with the proposal, choosing to invest in Windsor on his own while Brampton remains left out in the cold.

Unfortunately for those holding onto hope Brampton will remain, the business case may not be there to continue. Despite exchange rates between Canada and the United States providing a level playing field regarding unionized labor costs for now, nonunion factories in the Southeastern U.S. and Mexico offer both competitive incentive packages and labor-cost advantages.

Finally, Marchionne’s preference toward running factories flat-out through three shifts may prompt a reallocation of production if another model couldn’t be added to Brampton’s schedule. Thus, FCA could send the three full-sizers to either Toluca or Saltillo, Mexico, with the latter more likely than the former as a result of supplying engines like the 3.6-liter Pentastar V6 and 6.4-liter HEMI V8 to Brampton.

The only issues with either location amount to retooling Toluca and sending Fiat 500 production elsewhere — the Dodge Journey will move to Windsor to join the new-gen minivans next year — or adding a new line to assemble the cars in Saltillo.

[Photo credit: Chrysler]

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Lincoln MKS Axed, Continental To Be Assembled Elsewhere http://www.thetruthaboutcars.com/2015/06/lincoln-mks-axed-continental-to-be-assembled-elsewhere/ http://www.thetruthaboutcars.com/2015/06/lincoln-mks-axed-continental-to-be-assembled-elsewhere/#comments Fri, 12 Jun 2015 18:00:32 +0000 http://www.thetruthaboutcars.com/?p=1091761 The 2016 Lincoln MKS will be the last of its kind, as the brand will cease production when the calendar rolls over. Parent company Ford gave a statement on the matter, USA Today reports, which reads as follows: Chicago Assembly Plant is vital to our global manufacturing footprint and will continue to manufacture the Ford […]

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2015-lincoln-mks

The 2016 Lincoln MKS will be the last of its kind, as the brand will cease production when the calendar rolls over.

Parent company Ford gave a statement on the matter, USA Today reports, which reads as follows:

Chicago Assembly Plant is vital to our global manufacturing footprint and will continue to manufacture the Ford Taurus, Ford Explorer and Police Interceptor vehicles even after we phase out production of the MKS in 2016. We will continue to match production to demand.

Meanwhile, the MKS’ replacement, the Continental, will not take its place on the assembly line in Chicago. Automotive News says the Explorer will fill the void left behind thanks to overwhelming demand for the crossover.

Where the Ford Fusion-based Conti will be assembled isn’t yet confirmed, though insiders say it could be built alongside the Fusion and Mustang in Flat Rock, Mich.

Until the end comes for the MKS, however, consumers could find huge deals on the luxury sedan, whose price of admission already starts at under $40,000. Whether they decide to pull the trigger is another story: 3,304 units left the showroom over the first five months of 2015, down 19.1 percent over the same period in 2014. In contrast, Explorer sales are up 15 percent through May.

[Photo credit: Lincoln]

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General Motors Announcing Entry Into Stationary Energy Storage Next Week http://www.thetruthaboutcars.com/2015/06/general-motors-announcing-entry-into-stationary-energy-storage-next-week/ http://www.thetruthaboutcars.com/2015/06/general-motors-announcing-entry-into-stationary-energy-storage-next-week/#comments Thu, 11 Jun 2015 14:00:02 +0000 http://www.thetruthaboutcars.com/?p=1090601 Forging a different path than rival Tesla, General Motors will announce its entry into the stationary energy storage market next Tuesday. While Tesla plans to bring energy storage to the home and office with its Powerwall system — consisting of new battery packs linked to solar power — GM will instead extend the economic life […]

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2016 Chevrolet Volt battery

Forging a different path than rival Tesla, General Motors will announce its entry into the stationary energy storage market next Tuesday.

While Tesla plans to bring energy storage to the home and office with its Powerwall system — consisting of new battery packs linked to solar power — GM will instead extend the economic life of its EV and PHEV packs once they can no longer fulfill their service in automotive applications, Reuters reports.

As early as 2012, GM had the emerging storage market in mind when it paired with Swiss engineering group Advanced Auto Batteries to develop a stationary pack composed of five used Chevrolet Volt batteries. The resulting modular unit was good for two hours of power as needed by three to five average U.S. homes.

According to battery lifecycle management chief Pablo Valencia, the automaker’s development of a given pack includes secondary uses:

In many cases, when an EV battery has reached the end of its life in an automotive application, only 30 percent or less of its life has been used. This leaves a tremendous amount of life that can be applied to other applications like powering a structure before the battery is recycled.

The market back when Valencia made those comments delivered $200 million in total profit by the end of 2012. As more competitors jump into the game, however, research firm IHS CERA says end-of-year profits could climb as high as $19 billion by 2017.

GM’s announcement will be made during the second day of AAB’s AABC conference at the Marriott inside the Renaissance Center in Detroit.

[Photo credit: Chevrolet]

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Tesla Model X Coming In 3-4 Months… Allegedly http://www.thetruthaboutcars.com/2015/06/tesla-model-x-coming-in-3-4-months-allegedly/ http://www.thetruthaboutcars.com/2015/06/tesla-model-x-coming-in-3-4-months-allegedly/#comments Wed, 10 Jun 2015 20:00:57 +0000 http://www.thetruthaboutcars.com/?p=1089225 X may finally give it to consumers: The Tesla Model X is set to hit showrooms within three to four months, per CEO Elon Musk. The deliveries are keeping in line with the timeline Tesla set up for the $70,000 electric crossover, Bloomberg says, coming almost a year after the original 2014 deadline passed. Musk […]

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Tesla Model X Teaser

X may finally give it to consumers: The Tesla Model X is set to hit showrooms within three to four months, per CEO Elon Musk.

The deliveries are keeping in line with the timeline Tesla set up for the $70,000 electric crossover, Bloomberg says, coming almost a year after the original 2014 deadline passed. Musk told attendees at the company’s annual shareholders meeting Tuesday the Model X would be “a better SUV than the Model S is a sedan,” adding he was driving the most recent prototype assembled.

Over half of the X’s potential owners — some of whom have been waiting three years to bring one home — are predominantly women based on current orders, contrasting with the mostly male consumer base for both the S and the discontinued Roadster, and keeping on-trend with the overall popularity of crossovers among female consumers.

The Model X will have the all-electric game to itself for a few years before other competitors arrive to play. Both Audi and BMW have announced plans to build electric crossovers of its own, with the former arriving first in 2018 after a debuting a concept version during the 2015 Frankfurt Auto Show in September.

[Photo credit: Tesla/Facebook]

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Kia Officially Launches Brand In Mexico, Sales Beginning In July http://www.thetruthaboutcars.com/2015/06/kia-officially-launches-brand-in-mexico-sales-beginning-in-july/ http://www.thetruthaboutcars.com/2015/06/kia-officially-launches-brand-in-mexico-sales-beginning-in-july/#comments Wed, 10 Jun 2015 13:00:06 +0000 http://www.thetruthaboutcars.com/?p=1088897 Kia officially announced Wednesday it is launching the brand in Mexico, with sales to begin July 1 of this year. The automaker will sell its wares at 21 dealerships in 10 major cities across Mexico next month, with three models — Forte, Sportage and Sorento — the first to be offered for sale; the Optima […]

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Kia Mexico June 2015 02

Kia officially announced Wednesday it is launching the brand in Mexico, with sales to begin July 1 of this year.

The automaker will sell its wares at 21 dealerships in 10 major cities across Mexico next month, with three models — Forte, Sportage and Sorento — the first to be offered for sale; the Optima will join the lineup by this November.

In the near term, Kia will continue to add dealerships to its newest network, with 26 more expected by next January, 65 total by January 2017.

As for where some of those Kias may come from, construction of the automaker’s first factory in Mexico, located in Pesqueria, Nuevo León, is 50 percent complete, with operations to begin by the middle of 2016. Pilot production will occur over five months to ensure final product quality prior to the first showroom-ready models leaving the line, some of which will head for other Latin American markets, as well as the United States. Annual production is set for 300,000 units, with the Forte and a possible compact set for assembly.

Once in operation the Pesqueria plant will boost global production to 3.7 million units annually, and will employ 3,000 on the floor; an additional 7,000 will be hired by suppliers nearby.

Kia Mexico June 2015 02 Kia Mexico June 2015 01 Kia Mexico June 2015 03 Kia Mexico June 2015 05 Kia Mexico June 2015 04

[Photo credit: Kia]

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First Rendering Of Hyundai Creta Subcompact CUV Revealed http://www.thetruthaboutcars.com/2015/06/first-rendering-of-hyundai-creta-subcompact-cuv-revealed/ http://www.thetruthaboutcars.com/2015/06/first-rendering-of-hyundai-creta-subcompact-cuv-revealed/#comments Tue, 09 Jun 2015 17:00:17 +0000 http://www.thetruthaboutcars.com/?p=1088209 Recently announced for production with the Santa Cruz to possibly be made as well, the Hyundai Creta was revealed in rendered form Tuesday. The new subcompact crossover boasts a so-called premium look based on Hyundai’s “evolved design philosophy,” with details such as the blacked-out A-pillar reminiscent meant to evoke “an open and airy cabin,” a […]

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Hyundai Creta Rendering

Recently announced for production with the Santa Cruz to possibly be made as well, the Hyundai Creta was revealed in rendered form Tuesday.

The new subcompact crossover boasts a so-called premium look based on Hyundai’s “evolved design philosophy,” with details such as the blacked-out A-pillar reminiscent meant to evoke “an open and airy cabin,” a “bold” front section with the automaker’s newest corporate grill — already on the new Tucson — embrasure side windows, and a rearward swooping slash along the beltline.

The Creta will soon appear in showrooms sometime during H2 2015, with India being the first on the subcompact crossover’s list of global markets to visit. Whether the North American market is on said list — where it would face the Honda HR-V, Chevrolet Trax and Mazda CX-3 among others — is up for Hyundai to decide.

[Image credit: Hyundai]

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Bloomberg: Subaru “has to decide what kind of company it wants to be” http://www.thetruthaboutcars.com/2015/06/bloomberg-subaru-has-to-decide-what-kind-of-company-it-wants-to-be/ http://www.thetruthaboutcars.com/2015/06/bloomberg-subaru-has-to-decide-what-kind-of-company-it-wants-to-be/#comments Mon, 08 Jun 2015 16:47:59 +0000 http://www.thetruthaboutcars.com/?p=1087729 Subaru has a problem, though it’s a problem many other automakers would love to have. The small Japanese automaker is growing at a rapid rate and it’s fully expected to run out of capacity to fulfill demand sooner rather than later. Most automakers would simply expand and flood the market with more units to feed the […]

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2015-Subaru-Outback-01

Subaru has a problem, though it’s a problem many other automakers would love to have. The small Japanese automaker is growing at a rapid rate and it’s fully expected to run out of capacity to fulfill demand sooner rather than later. Most automakers would simply expand and flood the market with more units to feed the sales rush, but for Subaru it might mean becoming the opposite of the market position and perception they’ve taken years to cultivate.

As Bloomberg‘s Kyle Stock puts it, “Being small, though, is the reason Subaru has become such a big deal. With manufacturing capacity maxed out, it now has to decide what kind of company it wants to be.”

The article, published today, paints Subaru between a rock and a hard place with two options: stay small and negate future growth or expand and possibly alienate all those customers who bought into the brand under the promise “Love. It’s what makes a Subaru, a Subaru.”

Subaru’s recent growth isn’t driven purely by marketing, but also because the small manufacturer was positioned in the right place at the right time with the Outback and Forester, both of which sit squarely in the currently hot crossover segment. In fact, even the lowest selling crossover in Subaru’s lineup, the Impreza-based XV Crosstrek, outsold their top selling passenger car, the Impreza, by over 14,000 units in 2014.

That makes what Subaru doesn’t do right now of particular interest. From Bloomberg:

It doesn’t have a luxury brand like Honda’s Acura or Toyota’s Lexus. It still doesn’t make a giant SUV, or a truck, or a super-expensive “halo car” designed to drum up interest from teenagers and the Top Gear crowd. Its sedans aren’t particularly popular and the company doesn’t make much of an effort to sell cars in Europe, the Middle East, or South America, like Nissan or Ford does. Kansas is the closest thing it has to an emerging market. Subaru still can’t meet demand. By the end of next year, Subaru’s factories in the U.S. and Japan won’t be able to produce more vehicles.

Currently, Subaru is enjoying a sky high 9 percent profit. However, if it does choose to expand and the crossover boom goes bust, it could leave Subaru vulnerable as it will need to discount their way into driveways to keep operations afloat. With incentives comes lower resale values, in turn driving consumers to competitors – the same customers that appreciate Subaru’s smallness.

What will Subaru do? We’ll see. But, mass market is not what has made Subaru a successful Subaru to date.

 

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TVR Reborn: Gordon Murray Engineered Machine Set For 2017 Launch http://www.thetruthaboutcars.com/2015/06/tvr-reborn-gordon-murray-engineered-machine-set-for-2017-launch/ http://www.thetruthaboutcars.com/2015/06/tvr-reborn-gordon-murray-engineered-machine-set-for-2017-launch/#comments Thu, 04 Jun 2015 15:01:37 +0000 http://www.thetruthaboutcars.com/?p=1084329 TVR, along with announced partners Gordon Murray and Cosworth Engineering, is planning a rebirth for the storied British shed-built brand for 2017. The new car is expected to be powered by a unique Cosworth-developed V8. But, don’t hold your breath, as we’ve heard this story before. Led by current owner Les Edgar – a Brit who […]

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tvr-sagaris-wallpaper-1

TVR, along with announced partners Gordon Murray and Cosworth Engineering, is planning a rebirth for the storied British shed-built brand for 2017. The new car is expected to be powered by a unique Cosworth-developed V8.

But, don’t hold your breath, as we’ve heard this story before.

Led by current owner Les Edgar – a Brit who founded video game developer Bullfrog Productions before it was assimilated into Electronic Arts Europe – and a three-seat executive board, TVR has been on a long road to producing sports cars again in the U.K.

Edgar purchased the entire company from Nikolai Smolensky in 2013 after it nearly died on the vine. Back then, Edgar stated TVR would start producing a new two model range of cars in 2015, priced between 50,000 and 80,000 GBP.

We are now half way through 2015 and there’s a complete lack of new cars being produced by the Edgar-led TVR. That’s not to say the company has been dormant over the years since Edgar took over the marque as it has been providing “genuine parts” for current owners.

In 2014, Edgar revised the timeline, stating a new R&D facility had been established in southern England and new cars could be expected in two- to three-years time, putting TVR’s rebirth somewhere between 2016 and 2017. It seems the timeline has now shifted solidly to 2017 with the latest announcement from the British company.

The now-slated for 2017 car has received engineering input from Gordon Murray, famous for his involvement with the McLaren F1, and will be powered by a Cosworth V8 that’s likely to be sourced from an existing design. TVR says the car will be priced similarly to how their cars were in the past.

Aside from his interest in TVR, Edgar has been involved in Aston Martin’s return to GT racing. It’s possible the reborn TVR could follow suit.

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FCA Delaying Dozen Model Introductions, Redesigns Across Product Range http://www.thetruthaboutcars.com/2015/06/fca-delaying-dozen-model-introductions-redesigns-across-product-range/ http://www.thetruthaboutcars.com/2015/06/fca-delaying-dozen-model-introductions-redesigns-across-product-range/#comments Tue, 02 Jun 2015 16:00:27 +0000 http://www.thetruthaboutcars.com/?p=1082089 Suppliers close to FCA and its plans say production for a dozen new and redesigned models have been delayed, including key Jeep and Ram offerings. While high-margin products like the Jeep Wrangler, Grand Cherokee, and Ram 1500 wait for their redesigns, Alfa Romeo may be the only brand in FCA’s portfolio to receive its awaited […]

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2015 Jeep Wrangler Willys Wheeler Edition

Suppliers close to FCA and its plans say production for a dozen new and redesigned models have been delayed, including key Jeep and Ram offerings.

While high-margin products like the Jeep Wrangler, Grand Cherokee, and Ram 1500 wait for their redesigns, Alfa Romeo may be the only brand in FCA’s portfolio to receive its awaited models much sooner than planned, Reuters reports.

The suppliers stated a number of reasons behind the delays, including last-minute design and engineering changes, especially those whose changes could reduce the automaker’s overall investment in its products in the short-term as CEO Sergio Marchionne continues seeking a partner for consolidation. FCA held a net debt of €8.6 billion ($9.6 billion USD) at the end of Q1 2015, while cash and marketable securities fell €1.1 billion ($1.2 billion) over the same period.

Despite the automaker’s focus on updating its most profitable models, redesigns of said models are being pushed back. The redesigned Ram 1500 was to hit production by the middle of 2017, but the suppliers say the pickup will begin its trip down the line in November 2017. Meanwhile, the Jeep Wrangler is set for a July 2017 introduction instead of earlier in the year, the Grand Cherokee may be delayed by as much as a year from its autumn 2017 launch, and the Grand Wagoneer — which is expected to share its underpinnings with the Grand Cherokee — may not make its autumn 2018 production date.

Other models to see delays in introduction or redesign include: a Jeep compact crossover to replace the Patriot/Compass siblings (pushed back six months from spring 2016); Dodge Dart and Journey (full redesign set for 2019-2020); Chrysler 300, Dodge Charger and Challenger (new designs to now come in 2019 or later); and Chrysler full-size and mid-size crossovers (postponed/shelved from 2017 and 2018 introductions).

[Photo credit: Jeep]

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Tokyo 2015: Toyota Three-Seater Concept Set For Debut http://www.thetruthaboutcars.com/2015/05/tokyo-2015-toyota-three-seater-concept-set-for-debut/ http://www.thetruthaboutcars.com/2015/05/tokyo-2015-toyota-three-seater-concept-set-for-debut/#comments Wed, 27 May 2015 20:00:04 +0000 http://www.thetruthaboutcars.com/?p=1076986 Coming to the 2015 Tokyo Motor Show, Toyota is set to bring a three-seater open-wheel concept based on the Lotus Seven which could see production. Power for the concept is said to be from a 1.5-liter four-cylinder hybrid pushing 100 horsepower through a CVT to the back wheels, Motoring.com.au reports. Dimensions include a weight of […]

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Toyota i Road and Other Car in Grenoble

Coming to the 2015 Tokyo Motor Show, Toyota is set to bring a three-seater open-wheel concept based on the Lotus Seven which could see production.

Power for the concept is said to be from a 1.5-liter four-cylinder hybrid pushing 100 horsepower through a CVT to the back wheels, Motoring.com.au reports. Dimensions include a weight of 1543 lbs — thanks to carbon fiber — an overall length of 146 inches, and an overall width of 68 inches.

The publication’s source on the matter says the vehicle’s competition would include the Mazda MX-5 and Honda S600/S1000 should the concept hit the assembly line, a scenario which could occur if the concept proves to be a hit among the press and public alike. Pricing would start at $30,000 AUD ($23,000 USD), with the showroom-ready version bowing at the 2017 Frankfurt Auto Show before global sales kick off in 2018.

[Source: Toyota]

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Hyundai On Track To Sell 760K In US For 2015 Despite Low CUV, SUV Sales Volume http://www.thetruthaboutcars.com/2015/05/hyundai-on-track-to-sell-760k-in-us-for-2015-despite-low-cuv-suv-sales-volume/ http://www.thetruthaboutcars.com/2015/05/hyundai-on-track-to-sell-760k-in-us-for-2015-despite-low-cuv-suv-sales-volume/#comments Wed, 27 May 2015 17:00:16 +0000 http://www.thetruthaboutcars.com/?p=1076890 Hyundai says it’s on target to sell 760,000 units in the United States by the end of 2015, though crossover and SUV sales are lacking for now. Hyundai’s overall USDM sales through April were up 6.2 percent compared to last year, with 240,038 units leaving the lot, Ward’s Auto reports. The figure bests the automaker’s […]

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2016 Hyundai Tucson

Hyundai says it’s on target to sell 760,000 units in the United States by the end of 2015, though crossover and SUV sales are lacking for now.

Hyundai’s overall USDM sales through April were up 6.2 percent compared to last year, with 240,038 units leaving the lot, Ward’s Auto reports. The figure bests the automaker’s projected 5 percent increase for 2015 thus far.

However, Hyundai Motor America CEO Dave Zuchowski says most of the success comes from car sales, whereas crossover and SUV sales need improving. Though the vehicles made up 21 percent of the automaker’s 68,009 units sold in April alone, the overall U.S. crossover/truck/SUV market made up 55.3 percent of the 1.45 million new vehicles sold during the period:

We’re up 6 percent in cars in a segment that’s down a little bit, (but) we’re up 6 percent in trucks in a segment that’s up almost 11 percent. With us (having) limited capacity of trucks and the truck market representing 56 percent of everything that’s sold, we can hit our number and still potentially lose share just because of the influence of the truck market.

The automaker aims to remedy the issue by introducing a B-segment crossover and the production-ready version of the Santa Cruz crossover pickup, along with boosting inventories of the Tucson, thanks to the upcoming arrival of the 2016 model from South Korea. At least 65,000 Tucsons are set to arrive this year, with 90,000 to be shipped in 2016 due to Hyundai adding 50,000 more of the crossover to the assembly line in Ulsan. More Tucsons could be brought over in 2015, however, if the automaker’s negotiations with the unions fall in the former’s favor.

Hyundai’s share of the U.S. market gained a tenth of a percentage for the first four months of the year, climbing to 4.5 percent compared to 2014.

[Source: Hyundai]

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Ford Otosan Ceases Production In İnönü Amid Ongoing Industrial Action http://www.thetruthaboutcars.com/2015/05/ford-otosan-ceases-production-in-inonu-amid-ongoing-industrial-action/ http://www.thetruthaboutcars.com/2015/05/ford-otosan-ceases-production-in-inonu-amid-ongoing-industrial-action/#comments Tue, 26 May 2015 20:00:54 +0000 http://www.thetruthaboutcars.com/?p=1076338 Remember when we said all was well for Ford Otosan regarding recent industrial actions? It’s no longer the case, as one plant ceases production once more. Ford Otosan said it ceased production at its İnönü facility “until further notice” — where the Ford Cargo commercial truck is assembled — as a precaution after some of […]

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Ford Cargo Rolling Out Of Container Port

Remember when we said all was well for Ford Otosan regarding recent industrial actions? It’s no longer the case, as one plant ceases production once more.

Ford Otosan said it ceased production at its İnönü facility “until further notice” — where the Ford Cargo commercial truck is assembled — as a precaution after some of the strikers did not leave the plant, Reuters reports.

The industrial action over working conditions and pay — also affecting Ford Otosan’s plant in Gölcük, as well as operations belonging to Fiat (Tofaş) and Renault-Nissan (Oyak-Renault) — began last month when union Turk Metal negotiated a 60 percent wage hike for workers at a Bosch Fren factory, but failed to do the same with the rest of Turkey’s auto workers.

Renault-Nissan offered to pay striking workers ₺1,000 ($370 USD) to resume production by midnight May 25, only for workers to reject the deal when the automaker’s employer union made revisions said not to benefit employees.

[Source: Ford Trucks/Facebook]

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2016 Nissan Maxima Slated For Execution Four Years Earlier http://www.thetruthaboutcars.com/2015/05/2016-nissan-maxima-slated-for-execution-four-years-earlier/ http://www.thetruthaboutcars.com/2015/05/2016-nissan-maxima-slated-for-execution-four-years-earlier/#comments Tue, 26 May 2015 16:00:36 +0000 http://www.thetruthaboutcars.com/?p=1075914 Though the 2016 Nissan Maxima will make its showroom debut June 2, there was a time when the Maxima was slated to meet the guillotine. As the auto industry was still feeling its way out of the Great Recession in early 2012, Nissan vice president of North American product planning Peter Loing said while most […]

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2016 Nissan Maxima Front Three-Quarter

Though the 2016 Nissan Maxima will make its showroom debut June 2, there was a time when the Maxima was slated to meet the guillotine.

As the auto industry was still feeling its way out of the Great Recession in early 2012, Nissan vice president of North American product planning Peter Loing said while most believed it was all but certain a new Maxima would come, “the foregone conclusion at that moment was that there would not be another Maxima,” Automotive News reports.

Loing took his current position in January 2012, where his first task was to make the case for a car whose fan base was almost entirely in the United States before an automaker who preferred global platforms to minimize costs.

Loing’s case hinged on the longevity of the Maxima name — having been on the marketplace without a break since 1981 — thus garnering a multigenerational consumer base who knows the nameplate better than Nissan’s own name. The model’s marketing boss, Eric Ledieu, added the Maxima also did well in pulling in consumers close to making the jump toward luxury brands like BMW and Mercedes.

When Renault-Nissan CEO Carlos Ghosn greenlit the eight-gen Maxima back then, Nissan North America vice president for vehicle engineering and Maxima program boss Takeshi Yamaguchi opted to dial the styling up while also boosting its luxury appeal and enhancing performance. Yamaguchi said he was proud of the results, not only of the fact the Maxima went “beyond where it was” instead of going more conservative, but the fact it was given another chance to see the sun rise.

[Source: Mark Stevenson/The Truth About Cars]

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US Shale Oil Production Rising Amid Strengthening Dollar http://www.thetruthaboutcars.com/2015/05/us-shale-oil-production-rising-amid-strengthening-dollar/ http://www.thetruthaboutcars.com/2015/05/us-shale-oil-production-rising-amid-strengthening-dollar/#comments Tue, 26 May 2015 13:35:50 +0000 http://www.thetruthaboutcars.com/?p=1075874 Despite OPEC’s desire to keep its stranglehold on the market, U.S. shale oil production looks to rise again amid a strengthening dollar. Commerzbank analyst Carsten Fritsch notes the 23-week decline in U.S. drilling activity seemed to have stopped, while the pricing level needed to increase production is being aided by “the significantly appreciating U.S. dollar,” […]

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Sergeant Major Oil Well - Arnegard, North Dakota Circa July 2013

Despite OPEC’s desire to keep its stranglehold on the market, U.S. shale oil production looks to rise again amid a strengthening dollar.

Commerzbank analyst Carsten Fritsch notes the 23-week decline in U.S. drilling activity seemed to have stopped, while the pricing level needed to increase production is being aided by “the significantly appreciating U.S. dollar,” Reuters reports. Tuesday, the prices for Brent and West Texas Intermediate were both down 75 cents, coming in at $64.77 and $58.97 per barrel, respectively.

Goldman Sachs came to a similar conclusion, stating only one well was cut from the production rolls last week, adding producers would ramp production back up “given improved returns” were WTI to remain near $60/barrel. Meanwhile, Morgan Stanley says “the USD downward correction is complete,” making dollar-priced commodities like oil more expensive for those who buy with other currencies.

Increased production would also head-off the potential for a tighter oil market down the road, though with OPEC’s ongoing strategy to hold the line regarding its own production targets among the member states involved — a strategy not likely to change when the group meets in Vienna next month — the possibility for an ongoing oil glut remains.

[Source: Tim Evanson/Flickr/CC BY-SA 2.0]

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Audi Introducing EV Crossover In 2018, Q8 Flagship SUV In 2019 http://www.thetruthaboutcars.com/2015/05/audi-introducing-ev-crossover-in-2018-q8-flagship-suv-in-2019/ http://www.thetruthaboutcars.com/2015/05/audi-introducing-ev-crossover-in-2018-q8-flagship-suv-in-2019/#comments Fri, 22 May 2015 19:00:59 +0000 http://www.thetruthaboutcars.com/?p=1073122 Audi is set to launch a new flagship SUV in 2019, as well as an EV crossover in 2018, both part of the automaker’s 2020 model expansion plan. The 2019 Q8 and yet-to-be-named EV will help reinforce Audi’s place in the Chinese and U.S. auto markets, with the aim of beating BMW and keeping Mercedes-Benz […]

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Audi Q7

Audi is set to launch a new flagship SUV in 2019, as well as an EV crossover in 2018, both part of the automaker’s 2020 model expansion plan.

The 2019 Q8 and yet-to-be-named EV will help reinforce Audi’s place in the Chinese and U.S. auto markets, with the aim of beating BMW and keeping Mercedes-Benz at bay, Automotive News Europe reports. The Q8 will share its platform with the Q7 and feature styling similar to the BMW X6, while the EV will likely be based upon the Q5 and boast a 310-mile range.

By the time the two vehicles hit the market, Audi will have to face down increased competition from the likes of Bentley, Maserati, Jaguar and Tesla, the former three gunning for the high-end luxury SUV market with their respective models — Bentayga, Levante and F-Pace — while Tesla will be waiting for the EV with its own, the Model X.

Prior to their debuts, the automaker will introduce a new Q7 and TT this year, followed by the Q1 subcompact crossover in 2016. The overall plan is to have 60 models available for sale around the world by 2020, up from 52 right now.

[Source: Audi]

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