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Showing results for tags 'canceled'.
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Automotive News is reporting that internal sources have indicated that Hyundai will not develop a new generation of the Sonata once the current model run has complete. Similar reports regarding the fate of the Kia K5, the replacement for the Kia Optima, seem to confirm this as both vehicle share a common platform. The current Sonata went on sale in 2019 as a 2020 model while the K5 started production in 2019 in overseas markets and went on sale in the U.S. as a 2021 model. Sales of both sedans has dropped dramatically with the Sonata reaching a peak of around 230,000 U.S, sales in 2012 and the K5/Optima reaching almost 160,000 U.S. sales in 2015. Sales were around 93,000 of each model in 2021, rebounding slightly after the 2020 pandemic. Meanwhile, in its home market the Sonata has fallen from the best selling vehicle to the sixth. Both Hyundai and Kia have issued denials of the impending cancelation stating that both vehicles remain important parts of their respective lineups. Hyundai and Kia are said to be preparing a mild facelift for 2025, however it remains to be seen if the Sonata and K5 make it that far. Hyundai and Kia are busy making room to build more EVs at their plants. Kia, for their part, is building a $5.5 billion EV and battery plant in Georgia starting in 2023 that is expected to have the capacity to produce 300,000 units a year. -
Automotive News is reporting that internal sources have indicated that Hyundai will not develop a new generation of the Sonata once the current model run has complete. Similar reports regarding the fate of the Kia K5, the replacement for the Kia Optima, seem to confirm this as both vehicle share a common platform. The current Sonata went on sale in 2019 as a 2020 model while the K5 started production in 2019 in overseas markets and went on sale in the U.S. as a 2021 model. Sales of both sedans has dropped dramatically with the Sonata reaching a peak of around 230,000 U.S, sales in 2012 and the K5/Optima reaching almost 160,000 U.S. sales in 2015. Sales were around 93,000 of each model in 2021, rebounding slightly after the 2020 pandemic. Meanwhile, in its home market the Sonata has fallen from the best selling vehicle to the sixth. Both Hyundai and Kia have issued denials of the impending cancelation stating that both vehicles remain important parts of their respective lineups. Hyundai and Kia are said to be preparing a mild facelift for 2025, however it remains to be seen if the Sonata and K5 make it that far. Hyundai and Kia are busy making room to build more EVs at their plants. Kia, for their part, is building a $5.5 billion EV and battery plant in Georgia starting in 2023 that is expected to have the capacity to produce 300,000 units a year. View full article -
Well the inevitable finally happened, Buick has confirmed that the Regal will not be returning to the U.S. after the 2020 model year. After that, Buick will be an all-SUV brand. The move comes as light-truck sales take 70% of the U.S. market and 90% of all Buick sales. While the Regal retreats from these shores, it will still continue to be sold in China where demand remains strong. As of the end of Q3 this year, Buick moved only 8,849 units of Regal year to date. That's down 19.6% from the year prior. Regal's demise was hinted at during the Los Angeles Auto Show where no Regals were on display. The Buick Lacrosse sedan and Buick Cascada convertible were canceled earlier this year. Starting next year, the Buick Encore GX will join the lineup, a slightly larger iteration of the Buick Encore, but on a new platform and using a new 3-cylinder engine. View full article
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Well the inevitable finally happened, Buick has confirmed that the Regal will not be returning to the U.S. after the 2020 model year. After that, Buick will be an all-SUV brand. The move comes as light-truck sales take 70% of the U.S. market and 90% of all Buick sales. While the Regal retreats from these shores, it will still continue to be sold in China where demand remains strong. As of the end of Q3 this year, Buick moved only 8,849 units of Regal year to date. That's down 19.6% from the year prior. Regal's demise was hinted at during the Los Angeles Auto Show where no Regals were on display. The Buick Lacrosse sedan and Buick Cascada convertible were canceled earlier this year. Starting next year, the Buick Encore GX will join the lineup, a slightly larger iteration of the Buick Encore, but on a new platform and using a new 3-cylinder engine. -
Rumors coming out of Detroit are saying that the 7th generation Camaro development has been shelved, citing multiple sources from within General Motors, MusclecarsandTrucks.com reports. The current model will likely run until 2023 and then the nameplate will go back into the dustbin for the second time. The current car is based on the Alpha platform, the bases for the now canceled Cadillac ATS and CTS. Their replacements, the Cadillac CT4 and Cadillac CT5 use a second generation of that platform called Alpha 2. The sources say that the Camaro will not move to the new Alpha platform. If the rumor is true, this will be the second time the Camaro has been canceled. The last of the 4th generation, then known as F-Bodies, finished their run in 2002. Chevrolet revived the Camaro for a 5th generation using a cut down version of the Australian Zeta sedan platform. The current 6th generation car came out as a 2016 model and was lighter and slimmer than the 5th generation car. The Camaro only sold 50,963 copies for 2018, a substantial drop from the 84,391 sold in 2012. -
Rumors coming out of Detroit are saying that the 7th generation Camaro development has been shelved, citing multiple sources from within General Motors, MusclecarsandTrucks.com reports. The current model will likely run until 2023 and then the nameplate will go back into the dustbin for the second time. The current car is based on the Alpha platform, the bases for the now canceled Cadillac ATS and CTS. Their replacements, the Cadillac CT4 and Cadillac CT5 use a second generation of that platform called Alpha 2. The sources say that the Camaro will not move to the new Alpha platform. If the rumor is true, this will be the second time the Camaro has been canceled. The last of the 4th generation, then known as F-Bodies, finished their run in 2002. Chevrolet revived the Camaro for a 5th generation using a cut down version of the Australian Zeta sedan platform. The current 6th generation car came out as a 2016 model and was lighter and slimmer than the 5th generation car. The Camaro only sold 50,963 copies for 2018, a substantial drop from the 84,391 sold in 2012. View full article
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Land Rover's ambition of building an ultra-luxury Range Rover to take on the likes of the Rolls-Royce Cullinan and Bentley Bentayga has been canned. “We have taken the difficult decision to inform our customers that the Range Rover SV Coupé will not proceed into production. Instead, Land Rover is focusing its resources and investment on the next generation of world-class products," Land Rover said in a statement issued yesterday. Shown at last year's Geneva Motor Show, the SV Coupé was going to be a special model built by Jaguar Land Rover's Special Vehicle Operations. Almost all of the panels were unique to the model. The interior was quite plush with seating for up to four and special leather upholstery. A supercharged 5.0L V8 punches out 557 horsepower and 516 pound-feet of torque. Land Rover was planning on building 999 models costing a cool $295,995 (includes a $995 destination charge). A Land Rover spokesperson said the cancellation isn't due to the lack of demand, though the person wouldn't say how many were sold. Top Gear speculates it may come down to JLR's plan to cut 2.5 billion pounds by 2020. Source: Land Rover, Top Gear -
Land Rover's ambition of building an ultra-luxury Range Rover to take on the likes of the Rolls-Royce Cullinan and Bentley Bentayga has been canned. “We have taken the difficult decision to inform our customers that the Range Rover SV Coupé will not proceed into production. Instead, Land Rover is focusing its resources and investment on the next generation of world-class products," Land Rover said in a statement issued yesterday. Shown at last year's Geneva Motor Show, the SV Coupé was going to be a special model built by Jaguar Land Rover's Special Vehicle Operations. Almost all of the panels were unique to the model. The interior was quite plush with seating for up to four and special leather upholstery. A supercharged 5.0L V8 punches out 557 horsepower and 516 pound-feet of torque. Land Rover was planning on building 999 models costing a cool $295,995 (includes a $995 destination charge). A Land Rover spokesperson said the cancellation isn't due to the lack of demand, though the person wouldn't say how many were sold. Top Gear speculates it may come down to JLR's plan to cut 2.5 billion pounds by 2020. Source: Land Rover, Top Gear View full article
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Plans for a flagship Jeep may have been trashed. Autoline Daily reported yesterday that Fiat Chrysler Automobiles have cancelled plans for the Grand Wagoneer that was due for the 2019 model. Citing information from industry planning company Auto Forecast Solutions, Autoline Daily says the company cannot stretch out the platform that underpins the Jeep Grand Cherokee and Dodge Durango for a model that would be in a higher segment. Autoline Daily goes on to say that work may continue on a flagship model for Jeep, but use the platform that underpins the Ram 1500 pickup. Rumors of the Grand Wagoneer have been floating around for a couple of years and it only recently confirmed by Jeep CEO Mike Manley. Last month, we got a possible preview as to what Grand Wagoneer's front end could look like. Source: Autoline Daily (Video Below) -
Plans for a flagship Jeep may have been trashed. Autoline Daily reported yesterday that Fiat Chrysler Automobiles have cancelled plans for the Grand Wagoneer that was due for the 2019 model. Citing information from industry planning company Auto Forecast Solutions, Autoline Daily says the company cannot stretch out the platform that underpins the Jeep Grand Cherokee and Dodge Durango for a model that would be in a higher segment. Autoline Daily goes on to say that work may continue on a flagship model for Jeep, but use the platform that underpins the Ram 1500 pickup. Rumors of the Grand Wagoneer have been floating around for a couple of years and it only recently confirmed by Jeep CEO Mike Manley. Last month, we got a possible preview as to what Grand Wagoneer's front end could look like. Source: Autoline Daily (Video Below) View full article
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Buick's compact car, the Verano may not see an encore after the model run is up at the end of the 2017 model year according to a report on AutoNews.com. With the addition of the Buick Envision going on sale in a few weeks, Buick see crossovers making up 70% of its sales going forward. It's not hard to see why Buick would come to that conclusion. GM sales figures for December 2015 show the Verano moving 31,886 copies for the year while the similarly priced Buick Encore sold 67,549 units. Buick's strategy lately has been to fill "white space" in the market. Offer models that don't quite have an exact match to offerings from any other brand. When the Verano debuted in 2011, it filled such a white space being a small car with premium features like heated steering wheel, large for the time entertainment screen, and a powerful turbo option. Since that time, redesigned versions of the Chevy Cruze and Honda Civic have started offering those features and more. Canceling the Verano makes it a one-and-done model. The writing apparently has been on the wall for the Verano for a while. In December we noticed that the Turbo model was apparently being dropped for 2017 as it no longer appears on the Verano's VIN card. The biggest impact will be to Buick dealerships who will now have to convince 30,000 customers a year that they don't want a sedan and what they really want is a shiny new Encore or Envision. Source: Autonews.com -
Buick's compact car, the Verano may not see an encore after the model run is up at the end of the 2017 model year according to a report on AutoNews.com. With the addition of the Buick Envision going on sale in a few weeks, Buick see crossovers making up 70% of its sales going forward. It's not hard to see why Buick would come to that conclusion. GM sales figures for December 2015 show the Verano moving 31,886 copies for the year while the similarly priced Buick Encore sold 67,549 units. Buick's strategy lately has been to fill "white space" in the market. Offer models that don't quite have an exact match to offerings from any other brand. When the Verano debuted in 2011, it filled such a white space being a small car with premium features like heated steering wheel, large for the time entertainment screen, and a powerful turbo option. Since that time, redesigned versions of the Chevy Cruze and Honda Civic have started offering those features and more. Canceling the Verano makes it a one-and-done model. The writing apparently has been on the wall for the Verano for a while. In December we noticed that the Turbo model was apparently being dropped for 2017 as it no longer appears on the Verano's VIN card. The biggest impact will be to Buick dealerships who will now have to convince 30,000 customers a year that they don't want a sedan and what they really want is a shiny new Encore or Envision. Source: Autonews.com View full article
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William Maley Staff Writer - CheersandGears.com December 12, 2012 The Jaguar C-X75 was a unique concept when shown at the 2010 Paris Motor Show, using four electric motors mounted in the wheels and a battery pack to power. Once the batteries were depleted, a pair of gas turbines would take over. Jaguar announced the C-X75 would head into production last year, albeit with some changes. The gas tubines would be dropped for a 1.6L turbocharged and supercharged four-cylinder and two electric motors mounted at either end of the vehicle. Combined power output was expected to be 888 HP and 590 lb-ft of torque. 0-60 MPH time was expected to be 2.8 seconds and a top speed in excess of 200 MPH. Now Jaguar has announced with heavy heart that the C-X75 has been cancelled due to the current global economic crisis. "We feel we could make the car work, but looking at the global austerity measures in place now, it seems the wrong time to launch an £800,000 to £1 million supercar. This is backed up by other products from us that people are screaming out for," said Adrian Hallmark, Jaguar's Global brand director. Hallmark says the investments made into the C-X75 will not go waste. 60% of the weight-saving and hybrid tech will be incorporated into future models. Also the five prototypes that Jaguar has been working will be finished up. Two of them will go up for auction while the rest will go to Jaguar's museum. Source: Autocar William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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William Maley Staff Writer - CheersandGears.com December 12, 2012 The Jaguar C-X75 was a unique concept when shown at the 2010 Paris Motor Show, using four electric motors mounted in the wheels and a battery pack to power. Once the batteries were depleted, a pair of gas turbines would take over. Jaguar announced the C-X75 would head into production last year, albeit with some changes. The gas tubines would be dropped for a 1.6L turbocharged and supercharged four-cylinder and two electric motors mounted at either end of the vehicle. Combined power output was expected to be 888 HP and 590 lb-ft of torque. 0-60 MPH time was expected to be 2.8 seconds and a top speed in excess of 200 MPH. Now Jaguar has announced with heavy heart that the C-X75 has been cancelled due to the current global economic crisis. "We feel we could make the car work, but looking at the global austerity measures in place now, it seems the wrong time to launch an £800,000 to £1 million supercar. This is backed up by other products from us that people are screaming out for," said Adrian Hallmark, Jaguar's Global brand director. Hallmark says the investments made into the C-X75 will not go waste. 60% of the weight-saving and hybrid tech will be incorporated into future models. Also the five prototypes that Jaguar has been working will be finished up. Two of them will go up for auction while the rest will go to Jaguar's museum. Source: Autocar William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
