VW Says ID.3 Pre-orders Exceeding Expectations

Volkswagen seems to be feeling pretty good about itself today. After announcing pre-orders for the ID.3 hatchback, the first vehicle from VW’s new electric sub-brand, the company reported it was already having issues coping with demand. Within 24 hours, the automaker said it had received more than 10,000 reservations throughout Europe, creating some extra work for its IT department.

“Sometimes, the IT systems are unable to handle the large number of users accessing the system at the same time,” VW said in a release. “This leads to long waiting times and interruptions in the registration process in some markets. Volkswagen is working hard to eliminate the hitches. Nevertheless, more than 10,000 registrations were received throughout Europe during the first 24 hours.”

While it sounds phenomenal, as the company repeatedly noted ID.3 demand is already exceeding expectations, it’s nowhere near Tesla territory. But the American firm is somewhat of an outlier with an almost miraculous ability to get the public excited about new product and a longer history of EV manufacturing. By comparison, VW is still testing the waters — even though it has already agreed to preform a cannonball by 2025 and sell 1 million connected, zero-emission vehicles every year.

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Tesla Could Be Building Cars In China By 2019, According to Shanghai

The city of Shanghai claims Tesla could begin production in China in the second half of 2019, which would be an incredible achievement for the automaker. China is Tesla’s biggest market after the United States and assembling product within its borders would be a good way to avoid the nation’s aggressive tariffs on U.S autos, which currently stand at 40 percent.

However, the trade war between the two countries has also stifled sales — and not just for Tesla. China’s car market hasn’t been particularly robust this year and appears to be headed for the first major slump after nearly two decades of reliable growth. While President Trump has teased that the People’s Republic may be about to lower its automotive trade barriers with America, there’s no assurances coming from Asia. Regardless, setting up shop within China should be beneficial for Tesla’s bottom line and make it more competitive with Chinese EV brands like BYD and Nio.

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Subaru Announces $140 Million Investment to Ensure Ascent Production

Subaru says it will invest $140 million into its production facility in Lafayette, Indiana, to ensure assembly of the 2019 Ascent goes off without a hitch. The cash will go toward helping the automaker meet the growing demand for SUVs in North America and provide 200 additional jobs for the region.

Subaru of Indiana Automotive (SIA) currently produces the Impreza, Legacy, and Outback. But it’s scheduled to add the Ascent early next year. The investment covers a factory expansion, new equipment, and tooling to support higher production volume.

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  • 28-Cars-Later $12K? I needed a good laugh.
  • EBFlex Wait...the feds are claiming that inflation was not FJBs fault 6 months prior to an election where he is massively losing in the polls in every single category?Eyebrow raised.
  • MaintenanceCosts Most of the article after the blockquote is Posky laboring mightily to somehow blame this clearly anticompetitive and oligopolistic conduct on the big bad government.I look forward to some of the usual commenters explaining to us that, actually, the oil industry is a cuddly teddy bear and the real villain is people trying to sell us cars that don't use oil.
  • Bd2 A modest price bump for one of the better if not the best vehicle in it's class. And it's a very good deal still considering the Front wheel drive competition over at Lexus to name one. These Genesis vehicles are more like BMWs of the 90s but with better styling.
  • Dave M. What???? Big business taking advantage of us? I thought it was all Biden's fault!?!