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Found 8 results

  1. After 20 years, Audi will be sending off the TT coupe and convertible into the great parking lot in the sky. During the brand's annual meeting today, Audi CEO Bram Schot said a new strategy focusing on sustainability means the brand has to cut a number of models that don't make economic sense. “There will be lots of things that we won’t do any more in the future, or things that we do less. We focus maximum resources on our key projects,” said Schot. This is part of an effort to get the brand back on track in terms of sales and profit after the diesel emission scandal which culminated in the arrest of former CEO Rupert Stadler and an 800 million euro ($895 million) fine. Schot did reveal that the TT would be replaced by a new "emotive" electric vehicle in the same price range. No other details were given. The TT isn't the only model on the chopping block. The R8 sportscar is being questioned as to whether or not it fits into Audi's new focus. Also, the successor to the A8 flagship may go all-electric. Source: Automotive News (Subscription Required) View full article
  2. After 20 years, Audi will be sending off the TT coupe and convertible into the great parking lot in the sky. During the brand's annual meeting today, Audi CEO Bram Schot said a new strategy focusing on sustainability means the brand has to cut a number of models that don't make economic sense. “There will be lots of things that we won’t do any more in the future, or things that we do less. We focus maximum resources on our key projects,” said Schot. This is part of an effort to get the brand back on track in terms of sales and profit after the diesel emission scandal which culminated in the arrest of former CEO Rupert Stadler and an 800 million euro ($895 million) fine. Schot did reveal that the TT would be replaced by a new "emotive" electric vehicle in the same price range. No other details were given. The TT isn't the only model on the chopping block. The R8 sportscar is being questioned as to whether or not it fits into Audi's new focus. Also, the successor to the A8 flagship may go all-electric. Source: Automotive News (Subscription Required)
  3. Automakers have been bailing out of various auto shows for the past few years. Case in point, a number of German automakers pulling out of the Detroit show for 2019. Volkswagen is the latest one to announce that it will not be showing up to a major auto show. Reuters reports that the German automaker will be skipping this year's Paris Motor Show. “The Volkswagen brand is continually reviewing its participation in international motor shows,” the company said in a statement. Instead, Volkswagen could host “various communications activities” in the city, including test drives. Volkswagen joins other automakers including Ford, Mazda, Nissan, Opel, and Volvo that are skipping Paris. Part of Volkswagen's decision comes down to cost-cutting due to the fallout of the diesel emission scandal. But the move is part of a larger trend of Automakers being more considerate of how they spend their marketing budgets. Declining numbers of attendees and competing shows such as CES in Las Vegas are the key reasons for this. Volkswagen's other divisions such as Audi, Seat, and Skoda will be appearing in Paris according to a spokesman for Volkswagen's French operations. Source: Reuters
  4. Automakers have been bailing out of various auto shows for the past few years. Case in point, a number of German automakers pulling out of the Detroit show for 2019. Volkswagen is the latest one to announce that it will not be showing up to a major auto show. Reuters reports that the German automaker will be skipping this year's Paris Motor Show. “The Volkswagen brand is continually reviewing its participation in international motor shows,” the company said in a statement. Instead, Volkswagen could host “various communications activities” in the city, including test drives. Volkswagen joins other automakers including Ford, Mazda, Nissan, Opel, and Volvo that are skipping Paris. Part of Volkswagen's decision comes down to cost-cutting due to the fallout of the diesel emission scandal. But the move is part of a larger trend of Automakers being more considerate of how they spend their marketing budgets. Declining numbers of attendees and competing shows such as CES in Las Vegas are the key reasons for this. Volkswagen's other divisions such as Audi, Seat, and Skoda will be appearing in Paris according to a spokesman for Volkswagen's French operations. Source: Reuters View full article
  5. If you want a Range Rover Evoque Coupe, you might want to snap up a 2017 model as soon as possible. Motor Authority reports that Land Rover will stop selling the Evoque Coupe in the U.S. at the end of this year. The reason given was due to slow sales. Surprisingly, Motor Authority notes that the Evoque Convertible outsells the coupe. Last month, Land Rover announced some changes to the 2018 Evoque lineup with the big news being an all-new turbocharged 2.0L four-cylinder. The new engine produces either 237 horsepower and 251 pound-feet of torque or 286 horsepower and 295 pound-feet of torque. Source: Motor Authority
  6. If you want a Range Rover Evoque Coupe, you might want to snap up a 2017 model as soon as possible. Motor Authority reports that Land Rover will stop selling the Evoque Coupe in the U.S. at the end of this year. The reason given was due to slow sales. Surprisingly, Motor Authority notes that the Evoque Convertible outsells the coupe. Last month, Land Rover announced some changes to the 2018 Evoque lineup with the big news being an all-new turbocharged 2.0L four-cylinder. The new engine produces either 237 horsepower and 251 pound-feet of torque or 286 horsepower and 295 pound-feet of torque. Source: Motor Authority View full article
  7. Mercedes-Benz has been selling an electric vehicle - the B-Class Electric Drive - in the U.S. since December 2013. But you have likely not seen on. Mercedes has only sold 3,651 B-Classes, mostly in states that follow zero-emission vehicle mandates such as California. Now, Mercedes-Benz has made the decision to drop the B-Class Electric Drive. Mercedes-Benz USA spokesman Rob Moran confirmed the news to Automotive News, saying production of the Electric Drive would be phased out in the next quarter. Part of the reason for the vehicle being dropped is Mercedes putting more focus on their upcoming EQ lineup of electric vehicles. "Due to our strategic focus on [connectivity, autonomous driving, sharing and electric drive systems] for the mobility of the future, we are planning the step-by-step electrification of our portfolio. Moreover, we are evaluating the production of our new generation of electric vehicles at all of our locations of Mercedes Benz Cars," said Moran in an email. The other part as to why the B-Class Electric Drive is being kicked out is Mercedes will be converting the plant in Rastatt, Germany to produce the next-generation compact lineup. Mercedes will continue to produce the B-Class (gas & diesel variants) for other markets. Source: Automotive News (Subscription Required)
  8. Mercedes-Benz has been selling an electric vehicle - the B-Class Electric Drive - in the U.S. since December 2013. But you have likely not seen on. Mercedes has only sold 3,651 B-Classes, mostly in states that follow zero-emission vehicle mandates such as California. Now, Mercedes-Benz has made the decision to drop the B-Class Electric Drive. Mercedes-Benz USA spokesman Rob Moran confirmed the news to Automotive News, saying production of the Electric Drive would be phased out in the next quarter. Part of the reason for the vehicle being dropped is Mercedes putting more focus on their upcoming EQ lineup of electric vehicles. "Due to our strategic focus on [connectivity, autonomous driving, sharing and electric drive systems] for the mobility of the future, we are planning the step-by-step electrification of our portfolio. Moreover, we are evaluating the production of our new generation of electric vehicles at all of our locations of Mercedes Benz Cars," said Moran in an email. The other part as to why the B-Class Electric Drive is being kicked out is Mercedes will be converting the plant in Rastatt, Germany to produce the next-generation compact lineup. Mercedes will continue to produce the B-Class (gas & diesel variants) for other markets. Source: Automotive News (Subscription Required) View full article
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