The Truth About Cars » United States market http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 19 Dec 2014 15:54:40 +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 » United States market http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Trucks, SUVs Best Premium Sedans In Over $50K US Segment http://www.thetruthaboutcars.com/2014/12/trucks-suvs-best-premium-sedans-50k-us-segment/ http://www.thetruthaboutcars.com/2014/12/trucks-suvs-best-premium-sedans-50k-us-segment/#comments Mon, 15 Dec 2014 14:00:03 +0000 http://www.thetruthaboutcars.com/?p=961313 Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days. TrueCar says trucks and SUVs account for six of the top 10 best-selling vehicles in the United States market, specifically the segment where transaction prices of $50,000-plus are the norm. […]

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Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days.

TrueCar says trucks and SUVs account for six of the top 10 best-selling vehicles in the United States market, specifically the segment where transaction prices of $50,000-plus are the norm.

The biggest of them all? The Ford F-150, whose projected 2014 volume of 189,776 “will likely surpass total U.S. volume of luxury car benchmarks including BMW’s combined 3, 5 and 7 Series sales or total deliveries for the Audi brand this year.” The Blue Oval will see revenue of $10.8 billion from those high transactions, making up a third of an estimated $33.2 billion for the overall F-Series portfolio.

The demand for looking California and feeling Minnesota is helped in part by a recovering U.S. economy, improved vehicle quality, and a growing supply of cheap gasoline, which is helping the $50,000-plus transaction segment, as well: approximately 8.1 percent of total 2014 sales will transact at that level, up from 6.6 percent in 2013.

Finishing out the podium per TrueCar is Fiat Chrysler Automobiles’ Ram truck lineup, with sales of 76,266 at the $50,000 transaction level, Mercedes taking third with its E-Class at 67,006.

TrueCar 2014 50K USD Transaction Table

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Ford: Market Share Declines Will Continue Near-Term http://www.thetruthaboutcars.com/2014/12/ford-market-share-declines-will-continue-near-term/ http://www.thetruthaboutcars.com/2014/12/ford-market-share-declines-will-continue-near-term/#comments Wed, 03 Dec 2014 13:00:44 +0000 http://www.thetruthaboutcars.com/?p=955033 Things are rough for Ford on Truck Mountain, with ground lost for the fourth consecutive month in November in a market-share situation that isn’t about to improve any time soon. Automotive News reports sales fell 2 percent last month compared to the same time in 2013, with its market share in the United States diving […]

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Things are rough for Ford on Truck Mountain, with ground lost for the fourth consecutive month in November in a market-share situation that isn’t about to improve any time soon.

Automotive News reports sales fell 2 percent last month compared to the same time in 2013, with its market share in the United States diving to 14.3 percent from 15.3 percent in November 2013. The 2014 average holds at 15 percent, compared to 2013’s 15.9 percent through the first 11 months, while Ford experienced declines year over year every month this year except July.

One of the hardest-hit models was the F-150, which is undergoing its transition to aluminum, and affecting market share in so doing. 2015 models began shipping the week prior to Thanksgiving, with a handful arriving garages thus far. Vice president for U.S. marketing John Felice says inventory of the outgoing model remains sufficient, but adds that the company is maintaining a “delicate balance” with incentives until enough of the new trucks arrive on the lot. Overall inventory is at 79 days, down from 88 in October, and 89 in November 2013.

Throughout the range, every car model posted a decline in November except for the Mustang, whose sales jumped 62 percent that month, and the Police Interceptor Sedan. SUV sales fared better, with a 15 percent increase, while Lincoln posted a 21 percent boost, linked completely to the success of the MKC. Finally, the Transit reclaimed Flower Shop Lane this month, moving 373 more units over the Chevrolet Express.

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Alfa Romeo Sedan Entering Showrooms Next June http://www.thetruthaboutcars.com/2014/11/alfa-romeo-sedan-entering-showrooms-next-june/ http://www.thetruthaboutcars.com/2014/11/alfa-romeo-sedan-entering-showrooms-next-june/#comments Thu, 27 Nov 2014 11:00:32 +0000 http://www.thetruthaboutcars.com/?p=951881 Right now, the only Alfa Romeo anyone in the United States can buy is the 4C, a model one of our B&B recently talked about in their ownership AMA. By next June, though, a sedan could be on the showroom floor, as well. Automotive News Europe reports the sedan — codenamed 952 — will be […]

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Right now, the only Alfa Romeo anyone in the United States can buy is the 4C, a model one of our B&B recently talked about in their ownership AMA. By next June, though, a sedan could be on the showroom floor, as well.

Automotive News Europe reports the sedan — codenamed 952 — will be the successor to the 159, and will be positioned between the BMW 3 and 5 series. As for the name, it was to have been dubbed the Giulia when it was expected to go on sale this year, but will have a new name instead.

The new sedan is part of eight models set to help build up Alfa Romeo’s portfolio by 2018, leading field that will include a midsize SUV and a large flagship sedan. The portfolio expansion is part of an overall plan to boost the brand’s sales, with a goal of 400,000 sold annually by 2018, and a jump from nil to 150,000/year in the North American market in the same period.

As for the 4C, the first few U.S.-bound models will sell for $70,000 once they leave the container dock, while the $55,000 base model will follow later. Those cars will head for 84 Fiat and Maserati dealers in the U.S. and Canada, a number that will expand to 200 by the end of 2015.

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

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

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

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

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

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Hyundai/Kia Reconsidering US Diesel Market Stance http://www.thetruthaboutcars.com/2014/10/hyundaikia-reconsidering-us-diesel-market-stance/ http://www.thetruthaboutcars.com/2014/10/hyundaikia-reconsidering-us-diesel-market-stance/#comments Tue, 14 Oct 2014 13:00:57 +0000 http://www.thetruthaboutcars.com/?p=930882 With their portfolio of hybrids and EVs in place in the United States, Hyundai/Kia are now reconsidering their stance on bringing diesel power over to the market. According to Ward’s Auto, Hyundai/Kia America Technical Center powertrain director John Juriga says his employer sees “some value with diesels,” stating the South Korean duo had planned to […]

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With their portfolio of hybrids and EVs in place in the United States, Hyundai/Kia are now reconsidering their stance on bringing diesel power over to the market.

According to Ward’s Auto, Hyundai/Kia America Technical Center powertrain director John Juriga says his employer sees “some value with diesels,” stating the South Korean duo had planned to bring them over as far back as 2009, only to back out due to then-upcoming regulations for cleaner diesels, the costs in creating them, and the higher price of diesel compared to gasoline. He says that while those issues “haven’t necessarily been eliminated, they’ve been understood better,” leading to a “more direct path” toward a U.S. diesel lineup.

Additionally, CAFE targets — especially the 2025 fleet target of 54.5 mpg — could necessitate Hyundai/Kia to add diesel to its green weapons arsenal. Juriga stated Hyundai may bring cylinder deactivation, PHEVs and EGR between 2016 and 2021, while nine- and 10-speed automatics could further its fuel efficiency game between 2021 and 2025.

That said, the duo’s diesel efforts would need to find the right fit in the U.S. in order to achieve success. Juriga explained that the Chevrolet Cruze Diesel made up just 3 percent of overall Cruze sales, and that the vehicle chosen by Hyundai/Kia would also have to go against Volkswagen strong diesel lineup. Though he didn’t offer what vehicle the duo had in mind, he believes the automakers’ customer base would be “more accepting of the technology and willing to pay a premium for the engine type in the correct product.”

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US New-Car Fuel Economy Improves For 2013, Falls For September 2014 http://www.thetruthaboutcars.com/2014/10/us-new-car-fuel-economy-improves-2013-falls-september-2014/ http://www.thetruthaboutcars.com/2014/10/us-new-car-fuel-economy-improves-2013-falls-september-2014/#comments Thu, 09 Oct 2014 11:00:27 +0000 http://www.thetruthaboutcars.com/?p=927914 Good news: New-car fuel economy in the United States improved to an average of 24.1 mpg in 2013. Bad news: Said economy fell to 25.3 mpg for September 2014. AutoblogGreen reports the 2013 average, as calculated by the Environmental Protection Agency, is not only an improvement of 0.5 mpg higher than in 2012, but is […]

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Good news: New-car fuel economy in the United States improved to an average of 24.1 mpg in 2013.

Bad news: Said economy fell to 25.3 mpg for September 2014.

AutoblogGreen reports the 2013 average, as calculated by the Environmental Protection Agency, is not only an improvement of 0.5 mpg higher than in 2012, but is the highest the yearly average has ever been. It’s also the halfway point to the 2025 CAFE target of 54.5 mpg, which would come out to an EPA sticker value of 40 mpg thanks to improvements in gasoline engines, alternative clean technologies, and the credits such things generate.

Still, it is a long way to the top if the green parade still wants to rock and roll. According to AutoGuide, the University of Michigan Transportation Research Institute reports the September 2014 average is a 0.5 mpg drop from the all-time high of 25.8 mpg recorded in August. The group adds that the last time U.S. new-car fuel economy dropped by 0.5 mpg was in December 2011. Research professor Michael Sivak says the drop “likely reflects the increased sales of light trucks and SUVs, and the reduced demand for fuel efficient vehicles of all types because of the falling gas prices.”

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

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

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

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

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

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McCullough: Diesel Evoque Under Consideration For US Market http://www.thetruthaboutcars.com/2014/10/mccullough-diesel-evoque-consideration-us-market/ http://www.thetruthaboutcars.com/2014/10/mccullough-diesel-evoque-consideration-us-market/#comments Wed, 08 Oct 2014 13:00:02 +0000 http://www.thetruthaboutcars.com/?p=927682 Mrs. Beckham’s contribution to the automotive world, the Land Rover Evoque, may gain diesel power in the United States sometime soon. AutoGuide reports the plan to place a diesel engine under the bonnet of the crossover is “being considered,” according to Jaguar Land Rover North America marketing vice president Kim McCullough. At present, only the […]

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Mrs. Beckham’s contribution to the automotive world, the Land Rover Evoque, may gain diesel power in the United States sometime soon.

AutoGuide reports the plan to place a diesel engine under the bonnet of the crossover is “being considered,” according to Jaguar Land Rover North America marketing vice president Kim McCullough. At present, only the 2-liter EcoBoost powers the U.S. market model, as the 2.2-liter diesel sold elsewhere cannot meet emissions here.

JLR’s £500 million ($804 million USD) engine production plant will begin production early in 2015 of a 2-liter Ingenium diesel, which will first find a home in the U.S. under the bonnet of the new Jaguar XE. The Ingenium turbo-four gasoline engine will also likely replace the EcoBoost sometime in the future, though McCullough declined to confirm anything more.

As for the diesel Evoque, she believes greater acceptance of diesels overall in the U.S. market could help Land Rover navigate its way through increasing fuel-efficiency targets, with Ingenium diesels landing in U.S. market Jaguar and Land Rover models as the product cycle moves forward.

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Honeywell: US Turbo Market To Double By 2019 http://www.thetruthaboutcars.com/2014/10/honeywell-us-turbo-market-double-2019/ http://www.thetruthaboutcars.com/2014/10/honeywell-us-turbo-market-double-2019/#comments Wed, 08 Oct 2014 12:00:30 +0000 http://www.thetruthaboutcars.com/?p=927650 Once the biggest thing in the auto industry in the 1980s, turbocharging is back and screaming for vengeance, with the United States market expected to see double the boost pressure over the next five years. According to Autoblog, the U.S. is the second-fastest-growing market, with 38 percent of all new vehicles possessing a turbo by […]

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Once the biggest thing in the auto industry in the 1980s, turbocharging is back and screaming for vengeance, with the United States market expected to see double the boost pressure over the next five years.

According to Autoblog, the U.S. is the second-fastest-growing market, with 38 percent of all new vehicles possessing a turbo by 2019 per a forecast by manufacturer Honeywell. The growth is fueled by both the CAFE target of 54.5 mpg by 2025, and consumer demand for more fuel-efficient vehicles.

Mated to ICE engines, turbos provide consumers with gains 20 percent to 40 percent in fuel economy even as the engines themselves shrink in size and cylinder count. On the other hand, adding a turbo boosts the cost of a given vehicle by $1,000 to $2,000. That said, consumers might not mind too much when hybrid power doubles those costs, according to Honeywell senior marketing director Peter Hill.

As for the engines themselves, Hill believes diesel power will follow turbos on the path to growth, going from 3 percent to 7 percent over the same period so long as the infrastructure is there, and differences in diesel fuel taxes are overcome. He adds that diesel power may wane a little in Europe, but expects to make it up with gasoline engines, while China will see the biggest growth, moving from 23 percent now to 41 percent in 2019.

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Buick Envision Bound For US Market By Q3 2015 http://www.thetruthaboutcars.com/2014/10/buick-envision-bound-us-market-q3-2015/ http://www.thetruthaboutcars.com/2014/10/buick-envision-bound-us-market-q3-2015/#comments Tue, 07 Oct 2014 11:00:28 +0000 http://www.thetruthaboutcars.com/?p=927361 While the Chinese have Buick’s latest crossover, the Envision, to themselves for now, a plan is in the works to bring it over to the United States by Q3 2015 at the earliest. Edmunds reports the Envision would be offered in FWD and AWD configurations, with power to come from a four-cylinder engine with stop-start […]

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2015 Buick Envision - China Domestic Market

While the Chinese have Buick’s latest crossover, the Envision, to themselves for now, a plan is in the works to bring it over to the United States by Q3 2015 at the earliest.

Edmunds reports the Envision would be offered in FWD and AWD configurations, with power to come from a four-cylinder engine with stop-start technology on-board. The five-passenger crossover would slot between the Encore and Enclave when added to the U.S. market lineup.

Though GM remains silent for now, Buick-GMC vice president of sales Duncan Aldred says the Envision would find itself in “a big segment in the U.S.”

Should it arrive here, the crossover would go up against the likes of the Mercedes GLA-Class, Lincoln MKC and GMC Terrain, among others.

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Ford, Chevrolet Begin Labor Day Battle Weeks Early http://www.thetruthaboutcars.com/2014/08/ford-chevrolet-begin-labor-day-battle-weeks-early/ http://www.thetruthaboutcars.com/2014/08/ford-chevrolet-begin-labor-day-battle-weeks-early/#comments Tue, 19 Aug 2014 13:00:24 +0000 http://www.thetruthaboutcars.com/?p=895386 Hold onto your wallets: Ford and Chevrolet are getting the jump on Labor Day sales weeks in advance of what most consider the end of the summer season. Automotive News reports the two brands are bringing their A games to the showroom, ranging from 0 percent financing for 72 months across most of their respective […]

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Ford Labor Day Sale 2014

Hold onto your wallets: Ford and Chevrolet are getting the jump on Labor Day sales weeks in advance of what most consider the end of the summer season.

Automotive News reports the two brands are bringing their A games to the showroom, ranging from 0 percent financing for 72 months across most of their respective lines, to Chevrolet offering deferred payments for the first 90 days for select models. Rather than wait until closer to Labor Day, however, Ford launched the first attack back in late July; Chevrolet kicked off its campaign last week.

The end game? Regain lost ground in sales from the first half of 2014. Ford lost 1 percent of its share of the market, dropping to 14.8 percent in comparison to 2013. Meanwhile, Chevrolet fell from 12.9 percent to 12.5 percent in the same period comparison.

Other combatants in the end-of-summer sales battle include Toyota offering 0 percent APR for 60 months on a handful of models, Nissan presenting 0 percent between 36 and 72 months depending on the model chosen, and Dodge giving buyers 90-day deferments on 2014 and 2015 models through Labor Day weekend.

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US-Spec Jaguar F-Type Project 7 Unveiled At Pebble Beach http://www.thetruthaboutcars.com/2014/08/us-spec-jaguar-f-type-project-7-unveiled-pebble-beach/ http://www.thetruthaboutcars.com/2014/08/us-spec-jaguar-f-type-project-7-unveiled-pebble-beach/#comments Mon, 18 Aug 2014 12:00:30 +0000 http://www.thetruthaboutcars.com/?p=894002 Unveiled at this weekend’s Pebble Beach Concours d’Elegance, the U.S.-spec Jaguar F-Type Project 7 will make its home in a few garages beginning next spring. Autoblog reports the limited edition roadster — developed by Jaguar Land Rover Special Vehicle Operations — will leave showrooms in 2015 for a base price of $165,000. A tribute to […]

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Unveiled at this weekend’s Pebble Beach Concours d’Elegance, the U.S.-spec Jaguar F-Type Project 7 will make its home in a few garages beginning next spring.

Autoblog reports the limited edition roadster — developed by Jaguar Land Rover Special Vehicle Operations — will leave showrooms in 2015 for a base price of $165,000. A tribute to the D-Type, the Project 7 will have a 5-liter supercharged V8 delivering 575 horsepower to the back, pushing the cat to a limited peak of 186 mph with a nil-to-60 charge out of the gate in 3.8 seconds.

As for what color to paint your roadster, the Project 7 can be had in either Glacier White or Ultra Blue, with British Racing Green, Ultimate Black and Caldera Red as optional colors.

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Cadillac Aiming For RWD Flagship, New SRX In 2015 http://www.thetruthaboutcars.com/2014/08/cadillac-aiming-rwd-flagship-new-srx-2015/ http://www.thetruthaboutcars.com/2014/08/cadillac-aiming-rwd-flagship-new-srx-2015/#comments Mon, 18 Aug 2014 10:00:44 +0000 http://www.thetruthaboutcars.com/?p=893962 Trailing behind premium powerhouses BMW, Mercedes-Benz and Lexus in annual U.S. sales thus far in 2014, Cadillac is planning a two-pronged counterattack for 2015. Bloomberg reports chief engineer Dave Leone informed reporters at the 2014 Pebble Beach Concours d’Elegance that Cadillac will unveil a top-of-the-line RWD vehicle similar to the 2013 Elmiraj Concept, as well […]

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2013 Cadillac Elmiraj Concept

Trailing behind premium powerhouses BMW, Mercedes-Benz and Lexus in annual U.S. sales thus far in 2014, Cadillac is planning a two-pronged counterattack for 2015.

Bloomberg reports chief engineer Dave Leone informed reporters at the 2014 Pebble Beach Concours d’Elegance that Cadillac will unveil a top-of-the-line RWD vehicle similar to the 2013 Elmiraj Concept, as well as a redesigned SRX. An ATS-V is also in the works, according to Leone.

Speaking of the ATS, the compact vehicle has been leading the brand’s overall sales decline alongside the behemoth XTS, both falling down 20 percent through the end of July. Meanwhile, the SRX is doing well for itself, with sales climbing 16 percent in the same period for the premium crossover.

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Szakaly: CAFE Targets Will Curb US Auto Sales Beyond 2018 http://www.thetruthaboutcars.com/2014/08/szakaly-cafe-targets-will-curb-us-auto-sales-beyond-2018/ http://www.thetruthaboutcars.com/2014/08/szakaly-cafe-targets-will-curb-us-auto-sales-beyond-2018/#comments Wed, 06 Aug 2014 11:00:08 +0000 http://www.thetruthaboutcars.com/?p=883202 The federal fuel efficiency mandates now in place to guide automakers toward a fleet average of 54.5 mpg by 2025 may curb United States auto sales after 2018, according to a leading economist speaking during the 2014 Management Briefing Seminars in Traverse City, Mich. Automotive News reports National Automobile Dealers Association chief economist Steven Szakaly […]

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The federal fuel efficiency mandates now in place to guide automakers toward a fleet average of 54.5 mpg by 2025 may curb United States auto sales after 2018, according to a leading economist speaking during the 2014 Management Briefing Seminars in Traverse City, Mich.

Automotive News reports National Automobile Dealers Association chief economist Steven Szakaly warned that the challenges associated with the new CAFE targets were severely underestimated by the industry in comparison to previous CAFE targets.

He says that while automakers are currently experiencing a resurgence in sales with “good profits” on large vehicles, such as pickups and SUVs, future sales past 2018 will pale in comparison — with little hope for avoiding those losses — as automakers focus more upon the 2025 CAFE target:

Unless gasoline prices rise significantly, or we see consumers becoming irrational and everyone buying an electric car, it’s tough to think of consumers willing to pay $3,000 to $7,000 more for the exact same car, just because someone in Washington, D.C., or California says they need to buy it.

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Bubble Warnings Loom Large Over US Auto Sales Boom http://www.thetruthaboutcars.com/2014/08/bubble-warnings-loom-large-us-auto-sales-boom/ http://www.thetruthaboutcars.com/2014/08/bubble-warnings-loom-large-us-auto-sales-boom/#comments Tue, 05 Aug 2014 11:00:38 +0000 http://www.thetruthaboutcars.com/?p=882066 Business is booming on the lot, with the industry on pace to move some 16 million vehicles out onto the highway by the end of 2014. However, some Wall Street insiders are growing bearish with this bull market, blaming easy credit for the surge in demand. Reuters reports the insiders believe the demand is artificial, […]

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Salesman With Customer

Business is booming on the lot, with the industry on pace to move some 16 million vehicles out onto the highway by the end of 2014. However, some Wall Street insiders are growing bearish with this bull market, blaming easy credit for the surge in demand.

Reuters reports the insiders believe the demand is artificial, and should begin to drop once the U.S. Federal Reserve raises interest rates next year. Morgan Stanley auto analyst Adam Jonas is among those insiders, and has gone as far as to proclaim the demand “peak auto”:

We have little doubt that we’re in bubble territory. We’ve blown through prior (sales) peaks in terms of value, the amount of money people are spending on automobiles. We’re in uncharted territory right now.

Jonas posits demand will actually hit its peak in 2017, when a record 18 million units are expected to leave the showroom floor, before dropping to just 14 million in 2019.

Easy credit is claimed to be fueling the current demand, which, in turn, is also fueling record transaction prices, the current average being more than $30,000 per vehicle. The U.S. Office of the Comptroller of the Currency goes as far as to claim in a June report that “signs of risk in auto lending are beginning to emerge” as automakers and their financing partners go after subprime consumers with ever-lengthening long-term loans.

However, most industry insiders believe pent-up customer demand is driving the ongoing sales boom, with incentives remaining stable compared to the run-up to the Great Recession six years ago. Inventories, too, are at “a healthy and manageable level,” with production capacity at near-peak, according to Ernst & Young lead analyst Anil Valsan. He expects sales to cool off and plateau in the coming years, rather than the bust Jones is forecasting.

That said, some vehicles are being moved with a much larger carrot than others, like the Cadillac ELR’s $20,000 discount and Chevrolet’s and Ford’s $10,000 discounts on their respective full-size pickup offerings. Jonas believes it’s only a matter of time before the market visits the ER for credit poisoning, warning the next decade in the auto industry will be “more brutal” than the current decade “in almost every way.”

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Mercedes Debuts B-Class Electric Drive To US Market http://www.thetruthaboutcars.com/2014/07/mercedes-debuts-b-class-electric-drive-to-us-market/ http://www.thetruthaboutcars.com/2014/07/mercedes-debuts-b-class-electric-drive-to-us-market/#comments Tue, 22 Jul 2014 11:00:23 +0000 http://www.thetruthaboutcars.com/?p=871330 If the upcoming Smart ForTwo isn’t quite to your liking, yet you do want something about as small with a tri-pointed star on its nose, Mercedes has brought over its B-Class Electric Drive. Autoblog Green reports the EV compact made its world showroom debut in the United States last week, appearing in 10 coastal states […]

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If the upcoming Smart ForTwo isn’t quite to your liking, yet you do want something about as small with a tri-pointed star on its nose, Mercedes has brought over its B-Class Electric Drive.

Autoblog Green reports the EV compact made its world showroom debut in the United States last week, appearing in 10 coastal states at first before heading inward toward the heartland down the road. Price of admission begins at $41,150, which will net the driver an 87-mile single-charge range and 84 MPGe, about the same as the Nissan Leaf and BMW i3.

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Clean-Diesel Sales Up 25 Percent In The US For 2014 http://www.thetruthaboutcars.com/2014/07/clean-diesel-sales-up-25-percent-in-the-us-for-2014/ http://www.thetruthaboutcars.com/2014/07/clean-diesel-sales-up-25-percent-in-the-us-for-2014/#comments Mon, 21 Jul 2014 11:00:18 +0000 http://www.thetruthaboutcars.com/?p=869994 Though hardly any of the offerings can be found in a brown wagon with a six-speed manual pushing power to the back, U.S. sales of clean-diesel vehicles have climbed up 25 percent this year. Autoblog Green reports clean-diesels are set to double their current 3 percent of total vehicles sold in the U.S. by 2018, […]

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Though hardly any of the offerings can be found in a brown wagon with a six-speed manual pushing power to the back, U.S. sales of clean-diesel vehicles have climbed up 25 percent this year.

Autoblog Green reports clean-diesels are set to double their current 3 percent of total vehicles sold in the U.S. by 2018, according to Diesel Technology Forum. The group also noted the 25 percent jump is besting overall sales thus far in 2014, having only seen a boost of 4.2 percent in comparison.

As for the cause of the leap into oil-burning, consumers seeking better fuel economy find a 30 percent gain when the engine quietly purrs, especially when 27 of the 46 available clean-diesel models for the U.S. market are cars and SUVs. Winners include Audi and Chevrolet, both moving 8,100 and 3,000 units through the first half of 2014. Meanwhile, Volkswagen, lost 8 percent in sales during the same period, though still lead the way with 42,000 vehicles leaving the lot.

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BMW 3, 4 Series To Get New Designations With New Engines http://www.thetruthaboutcars.com/2014/07/bmw-3-4-series-to-get-new-designations-with-new-engines/ http://www.thetruthaboutcars.com/2014/07/bmw-3-4-series-to-get-new-designations-with-new-engines/#comments Fri, 11 Jul 2014 13:00:52 +0000 http://www.thetruthaboutcars.com/?p=863305 A handful of BMW 3 and 4 series models will receive new designations to go with their new engines when they arrive in U.S. showrooms beginning in 2016. An ongoing forum post on Bimmerpost reports the following for the F3x models: 4-cylinder B58 will have the 330i/430i designation, instead of 328i/428i 6-cylinder B58 will use […]

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A handful of BMW 3 and 4 series models will receive new designations to go with their new engines when they arrive in U.S. showrooms beginning in 2016.

An ongoing forum post on Bimmerpost reports the following for the F3x models:

  • 4-cylinder B58 will have the 330i/430i designation, instead of 328i/428i
  • 6-cylinder B58 will use the 340i/440i designation, instead of 335i/435i
  • F30 PHEV will be dubbed the 330e, instead of 328e

The list continues to update, and has info only on U.S.-bound models.

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AlixPartners: 2014 May Be The Peak Of U.S. Auto Sales http://www.thetruthaboutcars.com/2014/07/alixpartners-2014-may-be-the-peak-of-u-s-auto-sales/ http://www.thetruthaboutcars.com/2014/07/alixpartners-2014-may-be-the-peak-of-u-s-auto-sales/#comments Thu, 10 Jul 2014 10:00:59 +0000 http://www.thetruthaboutcars.com/?p=862905 The good news? Automakers are enjoying a sales boom in the United States the likes of which haven’t been seen since the Great Recession brought the hammer down, with June 2014 sales alone surpassing those in July of 2006. Should the boom continue, 2014 will close as the industry’s best year in a long time, […]

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Toyota Sales Lot

The good news? Automakers are enjoying a sales boom in the United States the likes of which haven’t been seen since the Great Recession brought the hammer down, with June 2014 sales alone surpassing those in July of 2006. Should the boom continue, 2014 will close as the industry’s best year in a long time, with over 16 million vehicles sold when the calendar ticks over to 2015.

The bad news? This year may be the last year U.S. sales ever climb this high.

Autoblog reports a study by AlixPartners suggests sales will peak later this year, then head back down the mountain on the beaten path of rising interest rates — diminishing purchasing power in the process — then veer toward the long trail built upon the Millennials’ alleged preference of Uber and Car2Go over individual ownership.

In the near-term, director Dan Hearsch warns the lines of cheap credit today will dry up over the next two to three years:

The biggest factor would be this credit bubble, and without making an exact projection of when that will happen, that, to use is the window when you’ll see an impact on car sales. The other side of it is cyclical and predictable. … We’re a little more pessimistic because of these other factors.

Further up the path, rising fuel prices will temporarily give hybrids and EVs a boost in sales, but improvements in the ICE and the ongoing issues with EVs — range, higher upfront costs and production of battery packs — will mitigate whatever gains are made unless the technology comes into parity with the ICE.

Finally, AlixPartners expects 80 percent of all vehicles sold in North America by 2017 will be connected vehicles, and advises governments and OEMs to prepare for the day autonomous vehicles take their first outings beyond Google’s research facility, as such vehicles will be key to future sales.

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2015 Audi A3 Sedan Sales Outpacing Supply, Stealing From Honda, Toyota http://www.thetruthaboutcars.com/2014/07/2015-audi-a3-sedan-sales-outpacing-supply-stealing-from-honda-toyota/ http://www.thetruthaboutcars.com/2014/07/2015-audi-a3-sedan-sales-outpacing-supply-stealing-from-honda-toyota/#comments Mon, 07 Jul 2014 11:00:31 +0000 http://www.thetruthaboutcars.com/?p=860769 The 2015 Audi A3 Sedan is doing quite well for itself in the United States since its arrival back in April of this year, even if the hipster parties during the sedan’s U.S. unveiling more than likely just amused the automaker’s traditional clientele instead of attracting younger buyers as the party plan intended. Autoblog reports […]

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Audi S3 Limousine

The 2015 Audi A3 Sedan is doing quite well for itself in the United States since its arrival back in April of this year, even if the hipster parties during the sedan’s U.S. unveiling more than likely just amused the automaker’s traditional clientele instead of attracting younger buyers as the party plan intended.

Autoblog reports Audi of America sold 2,452 A3 Sedans in June alone, with just over 25 percent of consumers under the age of 30. That particular group of young Audi drivers are new to the automaker, brand conquests over Honda and Toyota.

As for buying one right now, there may be a line ahead of you: Audi is still stocking its dealer network with the $30,795 sedan, with a wait as long as 30 days for those wanting specific features for their A3. The line may grow longer, however, when the automaker’s A3 E-tron arrives in Q2 2015, with every one of Audi’s U.S. dealerships being granted the opportunity to sell the PHEV.

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BMW Mexico Plant To Build 150,000 Annually http://www.thetruthaboutcars.com/2014/07/bmw-mexico-plant-to-build-150000-annually/ http://www.thetruthaboutcars.com/2014/07/bmw-mexico-plant-to-build-150000-annually/#comments Wed, 02 Jul 2014 13:00:06 +0000 http://www.thetruthaboutcars.com/?p=857249 Though BMW may announce Thursday where in Mexico it will build its second North American plant, sources close to the matter said the plant will pump 150,000 units annually into auto trains bound for the United States. Automotive News Europe also reports a Mexican government official claimed the new plant would come with a €1 […]

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Though BMW may announce Thursday where in Mexico it will build its second North American plant, sources close to the matter said the plant will pump 150,000 units annually into auto trains bound for the United States.

Automotive News Europe also reports a Mexican government official claimed the new plant would come with a €1 billion ($1.36 billion USD) investment, and may either be located in the state of Hidalgo just north of Mexico City, or in San Luis Potosi in central Mexico.

The plant — following on the heels of a new Daimler-Nissan small-car factory to be built in Aguacalientes, as well as an Audi factory in San Jose Chiapa — will likely be used to build MINIs and the FWD 1 Series, with localized 3 Series assembly also speculated based on the automaker’s potential need to better compete against the U.S.-assembled Mercedes C-Class on price.

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GAC Hopes Transformers Appearance Means US Sales Next Year http://www.thetruthaboutcars.com/2014/06/gac-hopes-transformers-appearance-means-us-sales-next-year/ http://www.thetruthaboutcars.com/2014/06/gac-hopes-transformers-appearance-means-us-sales-next-year/#comments Mon, 30 Jun 2014 10:00:50 +0000 http://www.thetruthaboutcars.com/?p=855657 Aside from seeing another Hasbro IP cameo transform into a weapon of mass destruction, viewers at the weekend opening of “Transformers: Age of Extinction” may have also glimpsed the first Chinese vehicle to arrive in the United States in the near future. Autoblog reports director Michael Bay chose Chinese brand Trumpchi to be involved in […]

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Aside from seeing another Hasbro IP cameo transform into a weapon of mass destruction, viewers at the weekend opening of “Transformers: Age of Extinction” may have also glimpsed the first Chinese vehicle to arrive in the United States in the near future.

Autoblog reports director Michael Bay chose Chinese brand Trumpchi to be involved in the latest film upon seeing its E-jet PHEV and asking if the PHEV could be used in said film. Parent automaker Guangzhou Automobile Group Co Ltd hopes the exposure will help them when (or if) they bring a few of its Trumpchis to the U.S. by 2015 at the earliest.

The first to be sent over via container ship is the GS5 SUV, which can be had in China for as low as ¥148,000 ($24,000 USD). Power comes from either a 2-liter four-pot providing 145 horses and 128 lb-ft of torque, or a 1.8-liter turbo-four delivering 174 horsepower and 175 lb-ft of torque. The SUV can either be had with FWD or AWD, and power can be processed through a five-speed manual or automatic.

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Daimler-Nissan JV To Build Next-Gen CLA, Unnamed A-Class At Mexican Plant http://www.thetruthaboutcars.com/2014/06/daimler-nissan-jv-to-build-next-gen-cla-unnamed-a-class-at-mexican-plant/ http://www.thetruthaboutcars.com/2014/06/daimler-nissan-jv-to-build-next-gen-cla-unnamed-a-class-at-mexican-plant/#comments Tue, 24 Jun 2014 11:00:16 +0000 http://www.thetruthaboutcars.com/?p=850794 Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico. Automotive News Europe reports Daimler’s board will approve the decision within the next two weeks. Although the GLA crossover was supposed to go over to […]

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2014 Mercedes CLA

Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico.

Automotive News Europe reports Daimler’s board will approve the decision within the next two weeks. Although the GLA crossover was supposed to go over to Mexico originally, insiders claim that the CLA and the unnamed A-Class will take its place.

Production is set to begin in time for exportation to the United States in 2017, with an Infiniti compact — built upon Mercedes’ FWD bones — to join the CLA and A-Class. Annual output is expected to be around 100,000 to 150,000 units.

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2015 Acura ILX Hybrid Leaves US Market, Stays In Canada http://www.thetruthaboutcars.com/2014/06/2015-acura-ilx-hybrid-leaves-us-market-stays-in-canada/ http://www.thetruthaboutcars.com/2014/06/2015-acura-ilx-hybrid-leaves-us-market-stays-in-canada/#comments Wed, 18 Jun 2014 10:00:34 +0000 http://www.thetruthaboutcars.com/?p=845801 Those considering a premium hybrid will have one fewer option in the United States when MY 2015 rolls around: Acura has discontinued sales of the entry-level ILX Hybrid in the land of the free. Autoblog reports the brand is responding to consumer demand — or lack thereof — in its decision to cut the hybrid […]

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Those considering a premium hybrid will have one fewer option in the United States when MY 2015 rolls around: Acura has discontinued sales of the entry-level ILX Hybrid in the land of the free.

Autoblog reports the brand is responding to consumer demand — or lack thereof — in its decision to cut the hybrid model from the rest of the ILX lineup, which now will consist of a 2-liter I4 paired with a five-speed automatic and a 2.4-liter I4 with a six-speed manual. Price of admission for 2015 will be between $27,050 and $29,350, depending on options.

The ILX Hybrid arrived in 2012 as a 2013 model, but only 2,660 copies had left U.S. showrooms between then and May 2014. However, the hybrid will still have a home in Canada, where parent company Honda has vowed to continue sales. The 2014 edition of the ILX Hybrid starts at $35,190 CDN, and is powered by a 1.5-liter I4 with an integrated electric motor, both of which are mated to a CVT.

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Kia Building First Mexican Plant To Alleviate Strained U.S. Production http://www.thetruthaboutcars.com/2014/06/kia-building-first-mexican-plant-to-alleviate-strained-u-s-production/ http://www.thetruthaboutcars.com/2014/06/kia-building-first-mexican-plant-to-alleviate-strained-u-s-production/#comments Mon, 09 Jun 2014 11:00:07 +0000 http://www.thetruthaboutcars.com/?p=840426 In light of high demand in the United States for its offerings, Kia will build its first Mexican plant in Monterrey to help bring additional capacity to North America. Reuters reports the factory will open 21 months after groundbreaking, supplying a total of 300,000 vehicles annually to the United States. Production will focus on Kia’s […]

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In light of high demand in the United States for its offerings, Kia will build its first Mexican plant in Monterrey to help bring additional capacity to North America.

Reuters reports the factory will open 21 months after groundbreaking, supplying a total of 300,000 vehicles annually to the United States. Production will focus on Kia’s compacts — the Forte and Rio — at first before taking on work from the brand’s sole U.S. factory in Georgia, where the Optima, Sorento and Hyundai Santa Fe are assembled, and from Hyundai’s Alabama plant, where the Sonata and Elantra are built. No word was given on when the first shovels would break the earth.

Aside from supply-and-demand issues in the U.S., Kia is likely building the Monterrey plant — to go with Hyundai’s production expansion into Chongqing, China — in order to maintain its market share around the globe. The duo together hold fifth place in the global auto sales race, a position it could lose by 2016 if no more capacity is added, according to Korea Investment & Securities auto analyst Suh Sung-moon.

The capacity limit was unofficially put in place by Hyundai/Kia chair Chung Mong-koo over two years ago, fearing his two brands would end up like Toyota in the 2000s if they expanded as aggressively as had the Japanese automaker.

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