EV Offensive Looking More and More Like a Decoy Attack

Mercedes-Benz is nixing its all-electric EQ hatchback, according to R&D boss Markus Schäfer. Instead, it’s going to play a GLA-sized EQA crossover as its next hand.

Speaking with Autocar, Schäfer basically said it was a question of market demand. The EQC has already been delayed until at least 2021 for U.S. customers, though we’ve heard talk that its suspension could prove indefinite as the brand reassesses what should — and shouldn’t — be included in its future lineup. “We have to watch customer demand and, at the moment, SUVs and crossovers are the absolute favorites. Those are our first priorities,” Mercedes’ R&D head explained.

It’s only the latest chapter in a complicated story about an industry that’s constantly having to rethink how it handles electric cars.

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Damn: Used Cars Are Getting More Expensive

Ever since the end of the recession, new car prices have crept up steadily while used vehicle values remained comparably low. In fact, compact cars actually became less expensive between 2013 and 2017 as the crossover craze left a glut of small, economical vehicles that could be purchased for little more than a smile.

Unfortunately, the tide is turning. A sudden influx of end-of-lease vehicles was supposed to continue suppressing used vehicle prices for 2018. However, things have not played out that way. Despite there being so many gently used vehicles saturating dealer lots, average used-vehicle prices reached $20,153 in the second quarter of this year — making it the first time the market has ever broken the $20K threshold. According to research firm Edmunds, the 3.3-percent increase over 2017’s second quarter was also a record.

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Boom, Bust, And The New Car Lust

6:30 P.M. and three more cars just pulled up to my place… on a Monday…

Have I just bought a McDonald’s franchise? Not quite. This is the start of what we call “tax season” in the used car business.

A time when tens of millions of Americans who live paycheck to paycheck get a nice four figure lump sum from Uncle Sam and his favorite sub-prime debt dealers.

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  • FreedMike The FJ Kult is even cultier than the Tacoma Kult…and that’s saying something.
  • FreedMike I want the RS6 BAD but I’m a touch short on dough. Anyone know what a kidney goes for on the black market these days?
  • Bullnuke Another item on the list of "benefits" for privately owned vehicles being wirelessly connected to the motherships...
  • SCE to AUX "I spent a good chunk of my 20s wanting one"I spent a good chunk of my 40s wanting one, especially in the blue color they used at launch. But the interior is too butch for me, and boy do they drink gas.
  • Sloomis I suspect this is more of a big city vs rural area divide than a state by state divide. I live in the 'burbs of a large Midwestern city and I see loads of EVs everyday. I'd bet you'll see the same in other Midwestern cities. Rural areas of those same states, not so much. And sparsely populated states like WY and SD are of course are going to have low EV sales, the infrastructure isn't there.