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William Maley

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Everything posted by William Maley

  1. The Ford Fusion will be going away in due course as part of the company's plan to put more focus on utility vehicles and trucks. But that doesn't mean the Fusion name will heading to the trash bin. Bloomberg has learned from sources that Ford is planning to move the Fusion name to a new wagon that will compete with the Subaru Outback. The new model will also use the same mechanical underpinnings as the current Fusion - leading us to believe that it will be some version of the Mondeo wagon sold in Europe. Ford spokesman Mike Levine declined to comment on the new model, but did say the Fusion name would continue "because of its awareness, positive imagery and value with consumers.” Ford needs a way to keep their current sedan buyers returning their showroom after the Fusion sedan drops out. Analysis done by Kelly Blue Book revealed the less than half of Fusion owners are loyal to the brand. KBB also found that the Honda CR-V and Toyota RAV4 were the most popular SUV models that Fusion owners would consider. “Ford has a hard time moving people from their cars to SUVs,” said Michelle Krebs, a senior analyst with Autotrader. Source: Bloomberg (Subscription Required) View full article
  2. Tesla only has one assembly plant in Fremont, California. But that could be changing in the near future. Yesterday, Tesla and the and the Shanghai government reached a preliminary deal for a new assembly plant. The automaker expects production in about three year's time, provided they can get the approvals and permits needed. Tesla says the plant could build up to 500,000 vehicles annually. According to Bloomberg, the plant is expected to build the Model 3 sedan and upcoming Model Y crossover. Tesla building a plant in China doesn't come as surprise. The country is the largest market for electric vehicles, and most forecasters believe sales will skyrocket as government regulations push toward a goal of 100 percent electric vehicles by 2030. There are some questions about this new factory. For one, how is Tesla going to pay for this new plant? At the end of the first quarter, the company burned through $2.7 billion, mostly due to various issues dealing with ramping up Model 3 production. The Shanghai government said it would help cover some of capital costs. The other is will Tesla need to share technologies with a Chinese partner. Currently, any foreign automaker has to enter into a joint venture with a Chinese automaker and transfer various technologies. "For technology transfer, it is a matter subject to negotiation between the enterprises," said Huang Ou, deputy head of the Shanghai government’s economy and information technology commission. The Chinese government announced back in May that it would scrap the rules for "capping foreign ownership of new-energy vehicle ventures" by 2022. Source: Bloomberg, Reuters View full article
  3. Tesla only has one assembly plant in Fremont, California. But that could be changing in the near future. Yesterday, Tesla and the and the Shanghai government reached a preliminary deal for a new assembly plant. The automaker expects production in about three year's time, provided they can get the approvals and permits needed. Tesla says the plant could build up to 500,000 vehicles annually. According to Bloomberg, the plant is expected to build the Model 3 sedan and upcoming Model Y crossover. Tesla building a plant in China doesn't come as surprise. The country is the largest market for electric vehicles, and most forecasters believe sales will skyrocket as government regulations push toward a goal of 100 percent electric vehicles by 2030. There are some questions about this new factory. For one, how is Tesla going to pay for this new plant? At the end of the first quarter, the company burned through $2.7 billion, mostly due to various issues dealing with ramping up Model 3 production. The Shanghai government said it would help cover some of capital costs. The other is will Tesla need to share technologies with a Chinese partner. Currently, any foreign automaker has to enter into a joint venture with a Chinese automaker and transfer various technologies. "For technology transfer, it is a matter subject to negotiation between the enterprises," said Huang Ou, deputy head of the Shanghai government’s economy and information technology commission. The Chinese government announced back in May that it would scrap the rules for "capping foreign ownership of new-energy vehicle ventures" by 2022. Source: Bloomberg, Reuters
  4. It honestly varies. We're just coming off from a week-plus of hot and humid weather, and now it is slightly comfortable.
  5. Subaru has been on a roll in the U.S. with 79 months of steady month-over-month growth. But Subaru wants to spread that success to other markets and has a new five-year to try an achieve this. Today in Tokyo, Newly appointed Subaru President Tomomi Nakamura unveiled the plan known as STEP - speed, trust, engagement, and peace of mind. "The automotive industry is now in a tumultuous time. Subaru’s fast growth in recent years has come to highlight our challenges. The question is how we, as a small-scale company, will be able to survive in this big-changing area," said Nakamura. Subaru wants to increase global sales from the 1.1 million vehicles it expects to sell in the current fiscal year to 1.3 million vehicles in the fiscal year on March 31, 2026. To do this, Subaru is planning to launch a number of new products including a hybrid and a "global strategic SUV" in the early 2020s. Furthermore, Subaru will evolving their "Dynamic X Solid design language into a "bolder" expression" and "enhancing sporty models." On the technology front, Subaru is planning to offer Level 2 autonomous capability (i.e. Cadillac Super Cruise and Tesla's Autopilot) around 2020 and higher levels by 2024. It is also planning to offer some sort of connectivity in "80 percent of new vehicles in major markets" by 2022. STEP will also be focusing on regaining trust in Subaru's home market. Last year, Subaru admitted that it had uncertified workers carrying out tests on new cars for Japan for decades. Early this year, the scandal got worse as Subaru revealed that inspectors falsified fuel economy and emission data. It led Japan's transportation ministry to reprimand Subaru and 417,288 vehicles to be recalled in the country. Source: Automotive News (Subscription Required) View full article
  6. Subaru has been on a roll in the U.S. with 79 months of steady month-over-month growth. But Subaru wants to spread that success to other markets and has a new five-year to try an achieve this. Today in Tokyo, Newly appointed Subaru President Tomomi Nakamura unveiled the plan known as STEP - speed, trust, engagement, and peace of mind. "The automotive industry is now in a tumultuous time. Subaru’s fast growth in recent years has come to highlight our challenges. The question is how we, as a small-scale company, will be able to survive in this big-changing area," said Nakamura. Subaru wants to increase global sales from the 1.1 million vehicles it expects to sell in the current fiscal year to 1.3 million vehicles in the fiscal year on March 31, 2026. To do this, Subaru is planning to launch a number of new products including a hybrid and a "global strategic SUV" in the early 2020s. Furthermore, Subaru will evolving their "Dynamic X Solid design language into a "bolder" expression" and "enhancing sporty models." On the technology front, Subaru is planning to offer Level 2 autonomous capability (i.e. Cadillac Super Cruise and Tesla's Autopilot) around 2020 and higher levels by 2024. It is also planning to offer some sort of connectivity in "80 percent of new vehicles in major markets" by 2022. STEP will also be focusing on regaining trust in Subaru's home market. Last year, Subaru admitted that it had uncertified workers carrying out tests on new cars for Japan for decades. Early this year, the scandal got worse as Subaru revealed that inspectors falsified fuel economy and emission data. It led Japan's transportation ministry to reprimand Subaru and 417,288 vehicles to be recalled in the country. Source: Automotive News (Subscription Required)
  7. When we last reported on the date change of the Detroit Auto Show, organizers had made the final decision on what month it would be held beginning in 2020 - either October or June. A new report from The Detroit News says June will be month that will be announced at a press conference on July 24th. Sources tell the paper that back in January that the Detroit Auto Dealers Association (DADA), organizers of the show sat down and started discussions as to moving the show. Originally, DADA had October as the month as it would move the show from the harshness of winter and give some breathing room from the Consumer Electronics Show (CES). But plans changed after The Detroit News interviewed General Motors' senior vice president of global communications, Tony Cervone. He said a move to June had the potential to create a "massive festival of automotive" for consumers. The hope is that this event would draw people into visiting the various venues and concerts in Detroit. Organizers released a teaser video late last month showing outdoor test tracks and vehicle displays. This brings us to a new twist. Ford is urging DADA to pull elements from the Goodwood Festival of Speed for this reimagined show. The Festival of Speed, being held this weekend, features a hill climb with a variety of racing and production cars, and a moving auto show that allows the press and would-be buyer to experience new vehicles. It should be noted that Ford has been a sponsor of the Festival of Speed for 23 years. Source: The Detroit News View full article
  8. When we last reported on the date change of the Detroit Auto Show, organizers had made the final decision on what month it would be held beginning in 2020 - either October or June. A new report from The Detroit News says June will be month that will be announced at a press conference on July 24th. Sources tell the paper that back in January that the Detroit Auto Dealers Association (DADA), organizers of the show sat down and started discussions as to moving the show. Originally, DADA had October as the month as it would move the show from the harshness of winter and give some breathing room from the Consumer Electronics Show (CES). But plans changed after The Detroit News interviewed General Motors' senior vice president of global communications, Tony Cervone. He said a move to June had the potential to create a "massive festival of automotive" for consumers. The hope is that this event would draw people into visiting the various venues and concerts in Detroit. Organizers released a teaser video late last month showing outdoor test tracks and vehicle displays. This brings us to a new twist. Ford is urging DADA to pull elements from the Goodwood Festival of Speed for this reimagined show. The Festival of Speed, being held this weekend, features a hill climb with a variety of racing and production cars, and a moving auto show that allows the press and would-be buyer to experience new vehicles. It should be noted that Ford has been a sponsor of the Festival of Speed for 23 years. Source: The Detroit News
  9. Nissan finds itself in trouble once again as it admitted today that it had improperly measured exhaust emissions and fuel economy for 19 models sold in Japan. According to Reuters, Nissan found that test environments for emissions and fuel economy at final inspection stations didn't meet up to standards. Nissan also found that inspection reports were be based on altered measurements. The automaker was quick to point out this misconduct doesn't affect models exported to other markets "as it applies to requirements intended specifically for the Japanese market." “This is a deep and serious issue for our company,” Nissan Chief Operating Officer Yasuhiro Yamauchi told reporters at a briefing today. "We realize that our compliance awareness remains lacking." Nissan will be carrying out an investigation to determine the cause, which it expects to take a month or longer. This comes a few months after Nissan revealed that it had uncertified inspectors signing off on final inspection of JDM models for decades. It prompted a recall of 1.2 million vehicles and suspending production for two weeks. Source: Reuters View full article
  10. Nissan finds itself in trouble once again as it admitted today that it had improperly measured exhaust emissions and fuel economy for 19 models sold in Japan. According to Reuters, Nissan found that test environments for emissions and fuel economy at final inspection stations didn't meet up to standards. Nissan also found that inspection reports were be based on altered measurements. The automaker was quick to point out this misconduct doesn't affect models exported to other markets "as it applies to requirements intended specifically for the Japanese market." “This is a deep and serious issue for our company,” Nissan Chief Operating Officer Yasuhiro Yamauchi told reporters at a briefing today. "We realize that our compliance awareness remains lacking." Nissan will be carrying out an investigation to determine the cause, which it expects to take a month or longer. This comes a few months after Nissan revealed that it had uncertified inspectors signing off on final inspection of JDM models for decades. It prompted a recall of 1.2 million vehicles and suspending production for two weeks. Source: Reuters
  11. Back in 2010, Renault-Nissan and Daimler announced a new partnership that would see the two share powertrains and work on various projects. Some of those have come to fruition such as the Infiniti QX30, which is a Mercedes-Benz GLA-Class in different clothing and the platform that underpins the Infiniti QX50. But other projects between the two have been halted. Late last week, the Nikkan Kogyo business daily reported that joint development of luxury compact car project has been suspended. The paper cites the change in consumer preference to crossovers and the uncertainties over tariffs. The second reason is important as the new compact sedan was expected to built at a plant in Aguascalientes, Mexico. The plant is 50/50 joint venture between Daimler and the Renault-Nissan-Mitsubishi alliance. Nissan spokesman Shiro Nagai declined to comment when asked by Automotive News. He did say that Nissan remains committed to the partnership. Source: Nikkan Kogyo via Automotive News (Subscription Required) View full article
  12. Back in 2010, Renault-Nissan and Daimler announced a new partnership that would see the two share powertrains and work on various projects. Some of those have come to fruition such as the Infiniti QX30, which is a Mercedes-Benz GLA-Class in different clothing and the platform that underpins the Infiniti QX50. But other projects between the two have been halted. Late last week, the Nikkan Kogyo business daily reported that joint development of luxury compact car project has been suspended. The paper cites the change in consumer preference to crossovers and the uncertainties over tariffs. The second reason is important as the new compact sedan was expected to built at a plant in Aguascalientes, Mexico. The plant is 50/50 joint venture between Daimler and the Renault-Nissan-Mitsubishi alliance. Nissan spokesman Shiro Nagai declined to comment when asked by Automotive News. He did say that Nissan remains committed to the partnership. Source: Nikkan Kogyo via Automotive News (Subscription Required)
  13. Ford's latest ST model, the 2019 Edge ST will be arriving at dealers later this summer with a base price of $43,350 (including destination). According to CarsDirect, the ST is $1,585 more expensive than the Edge Sport it replaces. But you're getting more car for the money. To begin, the Edge ST has a 2.7L EcoBoost V6 producing 335 horsepower and 380 pound-feet of torque. The Sport's 2.7L EcoBoost only produced 315 hp and 350 lb-ft. There's also a new eight-speed automatic with rev-matching, retuned suspension, and a more aggressive body kit. An optional Performance Brake Package that brings forth larger brake rotors and red calipers will add $2,695 to the base price. But as CarsDirect notes, you'll need to add Equipment Group 401A to get the brake package. 401A includes a number of comfort and convenience features such as heated and ventilated front seats; 180-degree camera, hands-free liftgate, navigation, and Ford's CoPilot+ suite of driver aids for an additional $5,585. Source: CarsDirect
  14. Ford's latest ST model, the 2019 Edge ST will be arriving at dealers later this summer with a base price of $43,350 (including destination). According to CarsDirect, the ST is $1,585 more expensive than the Edge Sport it replaces. But you're getting more car for the money. To begin, the Edge ST has a 2.7L EcoBoost V6 producing 335 horsepower and 380 pound-feet of torque. The Sport's 2.7L EcoBoost only produced 315 hp and 350 lb-ft. There's also a new eight-speed automatic with rev-matching, retuned suspension, and a more aggressive body kit. An optional Performance Brake Package that brings forth larger brake rotors and red calipers will add $2,695 to the base price. But as CarsDirect notes, you'll need to add Equipment Group 401A to get the brake package. 401A includes a number of comfort and convenience features such as heated and ventilated front seats; 180-degree camera, hands-free liftgate, navigation, and Ford's CoPilot+ suite of driver aids for an additional $5,585. Source: CarsDirect View full article
  15. The flagship luxury SUV class is becoming more crowded with the Audi Q8, Bentley Bentayga, and Rolls-Royce Cullinan entering the fray. Land Rover is feeling the pressure and has big plans for the next-generation Range Rover to fight them off. Expected to launch in 2021, the fifth-generation Range Rover will move from the D7u platform to the new Modular Longitudinal Architecture (MLA). It will be lighter than D7u thanks to the extensive use of aluminum. MLA will also allow Land Rover to install fully-electric powertrains into the model, alongside gas, diesel, and plug-in hybrid variants. But don't expect one at launch as Land Rover reportedly has plans for stand-alone electric model that will have more car-like qualities - Road Rover anyone? A Range Rover EV will launch sometime after the launch, primarily for Asian markets like China. The current engine lineup, primarily sourced from other automakers will be scrapped. V6 engines will be replaced by inline-six engines from Jaguar Land Rover's Ingenium family. Its unclear whether or not there will be replacements for the V8 engines. Certain engines will come paired with a 48V mild-hybrid system. Don't expect any dramatic changes to the Range Rover's exterior as there are plans to do an evolution of the current shape. The interior will get new technologies such as an updated version of JLR's Touch Pro Duo infotainment system and connected car technology that will allow you to perform various tasks such as locking/unlocking your front door at home. There is also talk of some talk of autonomous driving features making an appearance. Source: Autocar View full article
  16. The flagship luxury SUV class is becoming more crowded with the Audi Q8, Bentley Bentayga, and Rolls-Royce Cullinan entering the fray. Land Rover is feeling the pressure and has big plans for the next-generation Range Rover to fight them off. Expected to launch in 2021, the fifth-generation Range Rover will move from the D7u platform to the new Modular Longitudinal Architecture (MLA). It will be lighter than D7u thanks to the extensive use of aluminum. MLA will also allow Land Rover to install fully-electric powertrains into the model, alongside gas, diesel, and plug-in hybrid variants. But don't expect one at launch as Land Rover reportedly has plans for stand-alone electric model that will have more car-like qualities - Road Rover anyone? A Range Rover EV will launch sometime after the launch, primarily for Asian markets like China. The current engine lineup, primarily sourced from other automakers will be scrapped. V6 engines will be replaced by inline-six engines from Jaguar Land Rover's Ingenium family. Its unclear whether or not there will be replacements for the V8 engines. Certain engines will come paired with a 48V mild-hybrid system. Don't expect any dramatic changes to the Range Rover's exterior as there are plans to do an evolution of the current shape. The interior will get new technologies such as an updated version of JLR's Touch Pro Duo infotainment system and connected car technology that will allow you to perform various tasks such as locking/unlocking your front door at home. There is also talk of some talk of autonomous driving features making an appearance. Source: Autocar
  17. The U.S. Patent and and Trademark Office (USPTO) sometimes provides some clues as to what automakers have possibly in the works. Case in point are a set of drawings depicting a new coupe for Cadillac. General Motors filed the patent for a “vehicle body exterior” on February 14th, 2017. The patent was approved by the USPTO earlier this week. The drawings reveal a fair amount of influence from the Escala. Up front resides a trapezoidal grille and a set of slim headlights. Along the side profile, the design shares the Escala's low-slung roof and creases. The back features a trunk lid with chiseling near the taillights. What could this patent be hinting at? Cadillac Society believes this could be the coupe variant for the upcoming CT5. CarScoops thinks it could be a concept of some sort, pointing out the side-view cameras. Possible electric/plug-in hybrid coupe We'll keep you posted if anything new comes to light on this possible new coupe. Source: Cadillac Society, CarScoops Thanks to @balthazar for the news tip View full article
  18. The U.S. Patent and and Trademark Office (USPTO) sometimes provides some clues as to what automakers have possibly in the works. Case in point are a set of drawings depicting a new coupe for Cadillac. General Motors filed the patent for a “vehicle body exterior” on February 14th, 2017. The patent was approved by the USPTO earlier this week. The drawings reveal a fair amount of influence from the Escala. Up front resides a trapezoidal grille and a set of slim headlights. Along the side profile, the design shares the Escala's low-slung roof and creases. The back features a trunk lid with chiseling near the taillights. What could this patent be hinting at? Cadillac Society believes this could be the coupe variant for the upcoming CT5. CarScoops thinks it could be a concept of some sort, pointing out the side-view cameras. Possible electric/plug-in hybrid coupe We'll keep you posted if anything new comes to light on this possible new coupe. Source: Cadillac Society, CarScoops Thanks to @balthazar for the news tip
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