#Branding
What's Wrong With This Picture: Lotus In La-La Land Edition
The team running Lotus’s turnaround doesn’t seem to mind being perceived as overambitious. The British outfit is developing an IndyCar engine, a family of V6 and V8 engines for its road car, and is considering building an engine for F1… and that’s in addition to developing a modular platform (and everything else) for five different world-class performance luxury cars. And on a certain level, there’s nothing wrong with a little brashness, especially if the goal is to turn a tiny specialty marque into a Porsche-beater. But when it comes to announcing product, Lotus’s over-eagerness does real harm to the firm’s prospects. [Gallery after the jump]
From Venus To Everus: Foreign Makers Create Fake Chinese Brands
Japanese makers are jumping on the Made for China (or possibly Made for Export from China) trend that was started by GM with the Bao Jun.
Both Nissan and Honda are showing (allegedly) Made for China brands at the Guangzhou Auto Show.
What's Wrong With This Picture: Good Enough For Lancia? Edition
Dodge Dropped From UK Market
Surf on over to dodge.co.uk, and you’ll find that the only vehicle being offered for sale is the Journey crossover. Look a little closer and you’ll find that Dodge has announced new electric vehicles, an online reminder of the embarrassing bailout-era ENVI project which has since been expunged from Chrysler’s corporate history. Given this sorry state of affairs, is it any wonder that Dodge is getting the heck out of Dodge, er, Old Blighty?
Lotus Approves City Car, May Leave UK
Under Customer Pressure, Lotus Backs Away From Toyota Engines
Lotus has perplexed and antagonized a number of auto enthusiasts by announcing its intent to expand beyond niche sportscars and become a global sport-luxe brand in the vein of Porsche and Ferrari. By announcing five future cars at once, Lotus made an audacious splash in the industry, and painted a giant target on its back. At the same time, Lotus’s initial plans called for the use of Toyota V8s and hybrid systems, leading some to wonder if Lotus was even being audacious enough. After all, assuming it could play with Porsche’s and Ferraris using only mass-market customer engines was somehow cravenly conservative to the point of being obnoxiously ballsy. Surely Lotus realizes that bespoke drivetrains are crucial to building a global sportscar brand? Well, apparently the Hethel boys didn’t get it… at least until their potential customers made an issue of it.
Wild-Ass Rumor Of The Day: Chrysler "Imported From Detroit"
Maximum Bob: Lotus Has A 60% Shot
When “Maximum” Bob Lutz showed up on the advisory board at Lotus, we were hardly surprised about his choice of post-retirement projects. After all, Lotus is one of the most audacious (privately-funded) turnaround attempts in an industry that runs on turnarounds, and Lutz is the king of building automotive hype, fresh off of one of the most overexposed automotive projects in recent memory, the Chevy Volt. Besides, Lotus’s shot at an overnight leap from niche enthusiast brand to Ferrari and Porsche-rivaling juggernaut is so brazenly implausible, that Lutz actually lends credibility to the project. At least, he would do if he didn’t have that irrepressible knack for saying things like
People keep asking me if I’m sure the new plan will work, and of course I can’t guarantee that. It’s a risk. But I’m quite certain it stands a better chance than the Lotus status quo, which for sure would eventually lead this great brand into terminal decline
Lutz goes on to tell Autocar that Lotus’s billion dollar turnaround “a big gamble,” and admits that “a fair bit of showbiz” is driving Lotus’s quantum leap towards becoming a full-line sportscar and supercar maker. Does it sound like Lutz might have some mixed feelings about Lotus’s rush to trample its enthusiast credentials? More maximum mixed feelings below the fold.
What's Wrong With This Picture: Trail-Rated Edition
Ask The Best And Brightest: How Should Hyundai Sell Its Luxury Offerings?
It’s a strange question to ask, considering that Hyundai is already selling the Genesis and Equus luxury sedans, but apparently Hyundai decided to bring out the cars before launching a brand. According to the Wall Street Journal
There are three branding scenarios under consideration. The most likely is to create a subbrand called “Genesis,” and sell the models under the same dealership roof as Hyundai but in a separate part of the showroom, possibly with dedicated salespeople, said John Krafcik, the president of Hyundai Motor America.
The other scenarios are to keep the premium cars badged as Hyundais, or—in the most ambitious move—spin off the brand into separate dealer facilities, much like Lexus or Honda Motor Co.’s Acura
Those are the options, but for a little more context, let’s check in with Hyundai USA boss John Krafcik…
Wild-Ass Rumor Of The Day: GM Likes "Sonic" Better Than "Aveo"
Ask The Best And Brightest: Infiniti AMG?
Ooh-La-La: New SLK Gets Frenchy
From Germany to China, and from Brazil to Korea, TTAC’s staff spans the globe to bring you the best automotive content on the web. What we don’t have, however, is a staffer in France, so we can’t tell you exactly what is going on in this video promo for the forthcoming Mercedes SLK. What we can tell you is that we never expected a Mercedes to be sold using French sensuality. It just goes to show that you never know what to expect…
Hyundai's "Modern Premium" Gambit
Hyundai has been working its way out of the low-cost, low-quality basement for some time now, but even with the introduction of its Genesis luxury sedan, the brand has maintained a certain amount of working-class value appeal. That image has served Hyundai well over the last several years, when an economic downturn has sent record numbers of customers to Hyundai dealerships in search of a deal. But with a new upscale-looking design language transforming solid but uninspired offerings like the Sonata into memorable designs, Hyundai wasn’t likely to remain the scrappy, more-for-your-money underdog forever. And sure enough, Hyundai tells Automotive News [sub] that it’s getting away from the solid values of quality and practicality, and moving into the tenuous world of “premium” brand placement. Executive Vice President for global marketing Cho Won Hong explains
In the past 10 years, we have been very successful in building an image for quality. From now on, our direction will be defined as new premium or modern premium. We have been doing quite well in building good functional quality. But we still have some room to improve our emotional quality, and that is related to our brand strategy. That’s why we set modern premium as the brand direction for the next five to 10 yearsLambo Estoque Four Door Back On-Again
When Lamborghini told the press that it would not be building a production version of the Estoque “four-door coupe” the reason the Sant’Agata firm gave was that
“the timing and market conditions are just not right for an additional model line.”
Which made us wonder why Lambo didn’t take the opportunity to say something like
“Lamborghini refuses to build bland, uninspired vehicles in a faddish niche just because several competitors are”
But now that the Estoque is reportedly back on for production, that would have been a bit of a self-sabotaging move. Or at least it would be if the Estoque didn’t already sabotage Lamborghini’s brand equity by being a bland, me-too entry into an already played-out niche. Which is a pity: Lambo saw the four-seat supercar niche coming decades ago, and built one of its most distinctive designs ever to fill it. And say what you want about this Estoque, it’s certainly no Espada. But hey, it could have been worse…
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