Chrysler has been on a steady upswing since the dark days of bankruptcy. Throughout its merger with Fiat, each model has been updated or completely replaced. Jeep has been the shining star of the core brands, selling every Grand Cherokee and Wrangler they can make. Even the controversially styled Cherokee has been fairly well receieved. The next vehicle in the Jeep lineup will be the small Renegade, designed to attract “a new wave of youthful and adventurous customers around the world to the brand.” We concur.
For decades buyers made the pickup truck the bestselling vehicle in North America. Despite its utilitarian roots, the pickup truck has morphed from a working man’s appliance into a replacement for big body-on-frame American luxury sedans.
Sure, that V8 Crew Cab is a nice vehicle, but what are you really going to do with a five-and-a-half-foot bed?
Mitsubishi announced that it will cut the sticker price of its i-MiEV electric car by 20% for the 2014 model year, following price cuts at other automakers that sell EVs. Automotive News reports that the ’14 i-MiEV will start at $23,845 including destination charges when it goes on sale next spring. That’s a $6,130 reduction from the previous 2012 model, which sold so slowly that Mitsubishi didn’t offer a 2013 model year i-MiEV so they could sell down unsold units.
TTAC commentator BeyondxB writes:
Long term lurker here.. been seeing a lot of Turbo products lately and I wonder is turbo truly making its way to the mainstream? Will we see Corollas with 1.8 turbo engines go on sale anytime soon, and being well received by the automatic-driving masses? I still hold the idea that some Subaru turbos will explode after 3 years (some things you learn in highschool are hard to forget) , is that still true these days?
Every Canadian consumer knows that when it comes to new car prices, we get screwed. Yes, Canada is a small market with higher taxes. It costs more to do business here in part because the high distribution costs can’t be amortized over 300-odd million people. In addition, things like metric instruments further complicate things.
But then there’s the question of why a Toyota RAV4, built two hours outside of Toronto, costs $2,890 less in Hawaii than it does in Canada. Why does an Oshawa-built Camaro demand a $4,685 premium in Canada? Where does BMW get off charging a $19,300 premium in the Great White North for a 535i xDrive, a 38.9 percent increase over the U.S. sticker?
Did we tell you a month ago to sell your used car now if you want to get the most mullah out of your clunker? We (or rather NADA) called the peak correctly. Used car prices are heading south. (Read More…)
As the über-ridiculous Aston Martin One-77 approaches final production-readiness, watching the thing run hot laps is finally becoming as much fun as wrapping your head around its €1.4m ($1.9m) pricetag. Especially because we’re extremely unlikely to ever see one of these things on the street. According to Auto Motor und Sport, Aston has already received a $14m offer for ten of the One-77′s 77-unit production run, apparently from a single Gulf State collector. So unless you live in one of the tonier neighborhoods of Dubai, you’re unlikely to get any closer to the One-77′s 760 horsepower V-12 than this. Enjoy the taste, peasants.
Nissan made quite a stir in EV-watcher circles by announcing that its UK-produced Leaf battery packs would cost under $400/kWh, but as we noted at the time, those numbers are being supported by various government incentives. Now, with a new government taking over number 10 Downing Street, Nissan’s UK Leaf production incentive might be on its way out. With the UK’s new Conservative-led government facing profound budget challenges (try a $240b deficit on for size), The Telegraph reports that a $30.5m grant approved by the outgoing government could fall victim to an overarching review of new expenditures by the incoming government. And that’s just the beginning…
AutoblogGreen‘s Sam Abuelsamid earns a tip of the blogger’s hat today for making sense of a fascinating nugget in a Times of London piece on the Nissan Leaf. The revelation by Nissan EV honcho Andy Palmer to the British paper that Leaf battery packs cost £6,000 (about $9k) to produce could have been missed, buried as it was near the bottom of the story. Not only did Abuelsamid catch it, he calculated that the Leaf’s 24 kWh lithium-ion battery costs break down to a staggeringly cheap $375 per kWh. How cheap is that, relatively speaking? Apparently cheap enough to send Li-ion startup A123 Systems’ stock to record lows according to the WSJ [sub]. More price-comparison context and some insight into how Nissan might have beaten those costs down after the jump.