Archive for the ‘Auto Shows’ Category

BMW’s iX3 Reveals a More Normal-Looking Approach to All-Electric Driving

New battery-electric SUV ushers in a dramatic shift in direction for BMW’s i brand.

by on Apr.26, 2018

The BMW iX3 Concept debuted in Beijing and revealed the automaker's shift in its electric vehicle strategy.

The BMW i3 is one of the market’s more technologically advanced vehicles – and also one of the weirdest looking. Introduced in 2014 and updated for the 2018 model-year, it helped introduce the Bavarian automaker’s distinctive i brand of electrified vehicles.

But with BMW getting ready to roll out a new wave of battery cars, and shift away from its original strategy of using unique platforms for products like the i3 and i8, the iX3 concept making its debut in Beijing this week gives us a good hint of what’s to come.

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The concept debuting at the Beijing Motor Show “offers a look ahead to the expansion of the model line-up in this area,” the automaker announced ahead of the formal unveiling. “The first model from the BMW brand to be driven purely by electric power will be a fully-fledged Sports Activity Vehicle – and without compromises when it comes to functionality and comfort.” (more…)

Volvo Aims for Half of its Sales to Be Pure EV by 2025

All of Swedish maker’s models will use some form of electrification.

by on Apr.26, 2018

Volvo Chief Executive Hakan Samuelsson said that 50% of the company's sales will come from EVs.

Expect to see a flood of pure battery-electric vehicles hit showrooms over the next few years – by one analyst’s count, as many as 101 will be in U.S. showrooms in 2021, with plenty more to follow.

That’s expected to include a number of offerings from Volvo which now says it expects all-electric, or BEV, models to account for fully half of its global sales by 2025. And that doesn’t include the mild, conventional or plug-in hybrid products that will flesh out the rest of the Swedish automaker’s line-up.

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“Last year we made a commitment to electrification in preparation for an era beyond the internal combustion engine,” said Håkan Samuelsson, president and CEO of Volvo Cars. “Today we reinforce and expand that commitment in the world’s leading market for electrified cars.” (more…)

Earnings Down, GM Still Beats Q1 Forecast

Automaker plans “significantly lower investments” in passenger car models.

by on Apr.26, 2018

"We are on plan to deliver another strong year," says GM CEO Mary Barra.

General  Motors net earnings dipped 60% to $1.05 billion during the first quarter but still managed to beat Wall Street expectations thanks to strong demand for its North American light truck line-up.

The announcement by the nation’s largest automaker came less than a day after Ford Motor Co. also topped earnings forecasts by riding a wave of demand for pickups, SUVs and CUVs. Ford yesterday said it was going to all but abandon traditional passenger cars in North America and GM is also expected to trim its sedan line-up, though not nearly as drastically as its cross-town rival.

Breaking News!

“Results this quarter were in line with our expectations with planned, lower production in North America related to the transition to our all-new Chevrolet Silverado and GMC Sierra,” General Motors CEO Mary Barra said in a statement accompanying the earnings report. “We are on plan to deliver another strong year in 2018.”

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Lexus Betting Big on All-New ES

Gen-7 sedan expected to remain key model in luxury line-up.

by on Apr.25, 2018

The seventh-generation 2019 Lexus ES.

For those who haven’t been watching, the 2019 Lexus line-up won’t have much in common with the model mix of just five years ago. Where sedans once dominated the brand’s product portfolio, crossovers like the new UX and NX, as well as the long-popular RX, have overwhelmed traditional Lexus sedans such as the LS and GS.

So, it might come as a surprise to see the big deal Lexus is making over the launch of the all-new 2019 ES sedan, going so far as to stage simultaneous previews in both Los Angeles and the Beijing Motor Show.

Global News!

“We’re acutely aware there’s a robust SUV market in the U.S., and Lexus is playing a part in that,” said Cooper Ericksen, the brand’s U.S. marketing chief, said during the L.A. ES unveiling. “We understand the importance of SUVs, but we also understand the importance of great sedans.”

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2019 Lexus ES Sedan Breaks Cover in Beijing

Point-counterpoint, as Lexus adds F Sport, as well as hybrid versions.

by on Apr.24, 2018

Lexus aimed to put more "passion" into the design and performance of the 2019 ES.

After a series of fan dance teases, Lexus has finally pulled the wraps off its seventh-generation in a dual presentation at the Beijing Motor Show and near its old U.S. corporate headquarters in Los Angeles.

One of the first models ever introduced by the Japanese automaker, the ES has long been known for its comfort, reliability and value, though it has also helped Lexus earn a reputation for plain vanilla design and performance. The luxury arm of Toyota Motor Corp. is determined not to let that happen again.

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“The ES has always been an elegant luxury sedan,” said Yasuo Kojino, the 2019 model’s chief designer. “For this generation, we have added daring design elements that challenge the traditional expectations of buyers.”

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Elio Motors Secures $2.5M in New Funding from Overstock

Once in production, plans call for Elio to be sold through Overstock.

by on Apr.24, 2018

Elio Motors just took in $2.5 million in new cash from a new investor.

Rarely has a three-wheeled anything, much less a car, engendered as much goodwill — and second (and third, fourth …) chances financially – as the Elio.

The quirky three-wheeled car initially introduced nearly five years ago has secured $2.5 million in new funds through a private stock placement with Overstock.com. The shares are worth $2.75 each, but as a private stock, it cannot be traded or sold.

Industry News!

Elio Motors officials say the company intends to use the proceeds of the new investment to fund capital expenditures and repay certain outstanding debt and accounts payable. Since it’s a private placement, Elio will enter into a registration rights agreement with Overstock. (more…)

BMW Slashing Presence at Euro Car Shows, Could Pull Out of Some

Bavarian automaker shifting resources to alternate events, like CES.

by on Apr.24, 2018

The BMW i Vision Dynamics made its debut at the 2017 Frankfurt Motor Show.

Already planning to skip the North American International Auto Show in Detroit next January, BMW is reportedly planning to sharply scale back its presence at European events like the 2019 Frankfurt Motor Show, according to a German news report, and it could abandon some of those entirely, as well.

The news comes as automakers large and small start to rethink their commitment to traditional auto shows which, the latest thinking goes, don’t generate the bang-for-the-buck they once did. At the same time, manufacturers are being offered a range of new alternatives, whether tech-focused events like CES or even one-brand shows that avoid the need for a carmaker to share the stage with competitors.

Beyond the Headlines!

BMW is planning to slash as much as 75% of its 2019 auto show budget, reports the German business publication Handelsblatt. At the Frankfurt Motor Show, where BMW had previously gone so far as constructing an indoor driving track, it will have just a 10,000 square foot display at the next event down from 36,000 in 2017.

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Volvo Bringing Ambience to its Newest Beijing Concept

Company's latest concept builds off S90 Excellence.

by on Apr.23, 2018

Volvo's newest debut, the S90 Ambience Concept, is based off last year's S90 Excellence.

Volvo newest concept for the Beijing Auto Show continues to show the company’s focus on the wants, needs and desires of the world’s largest luxury vehicle market: China. The S90 Ambience Concept is based on the S90 Excellence from last year.

The company describes the Ambience Concept as “an industry-first sensory experience that synchronizes visuals, sound and scent to redefine in-car luxury.”

Industry News!

In short, that means passengers can personalize the Ambience Concept’s interior atmosphere or feel using a smartphone app. Users can choose from one of seven visual theme that are linked to audio and scents. (more…)

Images of Mercedes-Maybach Ultra-Lux SUV Leak Ahead of Beijing Debut

“Vision Ultimate Luxury concept” set to make official debut on April 24.

by on Apr.23, 2018

The Mercedes-Maybach Ultimate Concept is ready to make its mark in Beijing.

Just days ahead of its official debut at the Beijing Motor Show – and shortly after an official teaser video was released – we’ve gotten our hands on leaked images of the Mercedes-Maybach Vision Ultimate Luxury concept.

Unlike several recent Maybach prototypes, the show car set to debut in Beijing on April 24 appears to be giving us a good sense of what the ultra-premium brand eventually will bring to bring to market – a production SUV set to take on the likes of the Bentley Bentayga and the upcoming Rolls-Royce Cullinan.

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And reflecting the choice of venues Maybach has chosen – China is ramping up rules calling for more zero-emission vehicles, the Ultimate Luxury Concept uses an all-electric drivetrain delivering power through four individual electric motors developing a total of 738 horsepower which Maybach will suggest can punch the show car up to 155 mph. (more…)

Caddy Triggers Battle of the Behemoths with $10,000 Escalade Discounts

Fighting off the new Lincoln Navigator.

by on Apr.16, 2018

A Cadillac Escalade Platinum can top $100,000.

If you’re looking for one of the biggest, baddest luxury utes on the market, Cadillac is hoping to lure you into one of its U.S. showrooms. Aiming to shore itself up against an assault by Lincoln’s newly updated Navigator SUV, Caddy is firing back with discounts of up to $10,000 on its own Escalade model.

GM has traditionally dominated the full-size SUV segment, both mainstream and luxury, and it gained significant traction when it introduced an all-new version of the ‘Slade for the 2014 model-year. But that’s a lifetime ago in today’s hotly competitive market and Lincoln has been building momentum fast with the all-new version of the Navigator it launched last year.

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While the two models don’t generate a lot of volume they serve up substantial profits for their respective manufacturers, providing plenty of room to load up the incentives. The question is whether Lincoln will now fire back with big givebacks of its own.

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