Archive for the ‘Porsche’ Category

Big Surprises in 2018 JD Power Initial Quality Survey

Overall quality reaches record high – and Korean brands lead the surge.

by on Jun.20, 2018

The Genesis G90 topped its segment while the Genesis brand led the industry overall.

New vehicle quality has reached an all-time high according to the latest J.D. Power Initial Quality Survey, and the 2018 IQS reveals a number of surprising trends, starting with the fact that three Korean brands lead this year’s study.

The latest IQS, which looks at “things-gone-wrong” with vehicles during the first 90 days of ownership, reveals that traditional mechanical issues, whether powertrain problems or squeaks, rattles and wind noise, are today increasingly rare. Motorists are far more likely to experience issues with infotainment and advanced driver assistance systems, but many of those problems are also being addressed.

High Quality News!

“There’s no question that most automakers are doing a great job of listening to consumers and are producing vehicle quality of the highest caliber,” said Dave Sargent, the head of global automotive research for Power. “That said, some vehicle owners are still finding problems. As vehicles become more complex and automated, it is critical that consumers have complete confidence in automakers’ ability to deliver fault-free vehicles.”

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Audi CEO Stadler Arrested as Germany Expands Diesel Emissions Probe

As many as 20 current, former Audi employees now under investigation.

by on Jun.18, 2018

German prosecutors have arrested Audi CEO Rupert Stadler, though no charges have yet been filed.

Audi CEO Rupert Stadler has been “provisionally” arrested, the luxury arm of Volkswagen AG confirmed Monday morning, as the German government probe into emissions rigging by VW and the Audi subsidiary continues to expand.

Nearly a dozen executives and managers from the vast Volkswagen Group empire have been indicted since the automaker was first charged in September 2015 with rigging various diesel engines to illegally pass emissions tests. Several have already been convicted in the U.S., though others have fled to Germany where they cannot be extradited. But as many as 20 others are now under suspicion as Germany moves forward with its own investigation, according to the Associated Press.

We Keep You In the Know!

“Audi CEO Rupert Stadler was provisionally arrested this morning,” VW’s largest luxury brand said in a statement Monday morning. It added that “the presumption of innocence remains in place for Mr. Stadler.”

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Polestar Will Pump Up New Volvo S60 Performance Model

Volvo takes performance to new level with modified S60 sedan.

by on Jun.13, 2018

The 2019 Volvo S60 Polestar Engineered gets unique Brembo brakes, among other modifications.

Few brands have done more to try to transform their image in recent years than Volvo, and the new S60 T8 Polestar Engineered sedan should continue shifting the Swedish marque in its new direction.

The latest version of the S60 not only puts more of a premium on sporty styling but backs it up with a 415-horsepower engine. But that’s no ordinary powerplant. No V-8s or turbo-sixes for this new Volvo. It’s a Polestar-modified version of the carmaker’s T8 plug-in hybrid, the top-performing version of its all-four-cylinder line-up.

First Look!

“The new S60 T8 Polestar Engineered is an electrified car that does what you want it to,” said Volvo’s Senior Vice President of R&D Henrik Green. “All components have been fine-tuned to work together, delivering a responsive and exciting driver’s car.”

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Porsche Renames Mission E “Taycan” and Will Expand All-Electric Line-up

Automakers expect half of its line-up will be plug-based by 2025.

by on Jun.11, 2018

Porsche's Mission E all-electric vehicle gets a name now: Taycan. Pronounced tie-con, the new model is still going to through some tests as shown here.

Porsche’s Mission E battery-electric vehicle has a new name. It will now be called “Taycan,” which the German automaker says is the term for a “lively young horse,” in Turkish – and a reference to the horse on its corporate crest.

The new model, which is set for release early in 2019, will be Porsche’s first all-electric model, but clearly not its last, a senior company official indicating plug-in hybrids and all-electric models, like Taycan, are expected to generate half of the brand’s sales by 2025.

Global News!

The Porsche Taycan will be part of a wave of new all-electric luxury and performance vehicles set to come to market between now and the end of the decade that will take direct aim at Tesla. Jaguar is just launching its first battery-electric vehicle, the I-Pace SUV, with Audi following this year with its own BEV, a variant of its popular Q5. (more…)

Tesla CEO Musk Survives 1st Big Challenge as Chairman as Model 3 “Quite Likely” to Meet Target

Shanghai, European plants could be announced within weeks.

by on Jun.06, 2018

Tesla CEO Elon Musk beat back challenges to his role, while 3 board members were voted back in.

Elon Musk stared down a group of dissident shareholders on Tuesday, surviving the first serious challenge to his dual role as chairman and CEO of the California automaker, while three of his hand-picked board members also fended off challenges.

Musk, who has developed an almost cult-like following among investors and electric vehicle fans alike, has faced an unusual degree of scrutiny in recent months as a result of mounting losses, struggles with production of the Model 3 sedan and a series of widely reported crashes involving Tesla vehicles. But despite some opposition, the company’s annual shareholders meeting was largely focused on promises about great things to come.

News That Matters!

Musk promised that after months of what the CEO has dubbed “production hell,” the pace is picking up at the Fremont assembly plant and that production will “quite likely” reach his 5,000 vehicle-a-week target by the end of June. Meanwhile, he and members of his senior management team outlined other developments to come, including the launch of additional production plants that could substantially boost global demand.

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Trump Wants to Drive German Luxury Car Brands Out of the U.S.

Comment reportedly made during meeting with French Pres. Macron

by on May.31, 2018

An endangered species? Trump's tariffs would drive up prices for imports like the Mercedes S-Class. But Trump may try to ban them entirely.

President Donald Trump apparently wants to force German luxury car manufacturers out of the United States, reportedly telling French President Emmanuel Macron during a recent state visit that he wants to get to the point where there will be no Mercedes-Benz models driving down New York’s upscale Fifth Avenue.

While there has been no White House verification of the report that first ran in the German WirtschaftsWoche, the business magazine – like other media outlets picking up on the story – cited several U.S. and European diplomats.

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Beyond the Headlines!

The news comes just a week after Trump ordered U.S. Commerce Secretary Wilbur Ross to investigate whether automotive imports constitute a threat to the country’s national security. Such a finding would allow the president to bypass Congress under Section 232 of the Trade Expansion Act of 1962 and directly impose new tariffs which, White House sources have indicated, could jump to 25% compared to the 2.5% duties imposed on most auto imports today.

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Porsche Recalls 60K Utes in Europe for Diesel Fix

Latest round of diesel problems for VW family.

by on May.21, 2018

Porsche is recalling nearly 60,000 Cayenne and Macan diesel-powered sport-utility vehicles to fix a emissions control issue.

German authorities ordered Porsche to recall almost 60,000 diesel-powered sport utility vehicles in Europe after it was discovered thy found software that manipulates emissions controls to help defeat tests.

The German transport ministry found the software, which could reduce emissions controls for nitrogen oxide, during inspections of Macan and Cayenne SUVs. Parent company Volkswagen has had thousands of vehicles recalled for similar issues with VW and Audi diesels since 2015.

Product News!

The recall covers 52,831 Macan 3.0-liter V6 and 6,755 Cayenne 4.2-liter V8 vehicles. Porsche’s not the only VW brand with a diesel problem right now as Audi recently suspended deliveries of the current A6 and A7 models. (more…)

Volkswagen CEO Mueller Likely to Be Replaced by VW Brand Boss Diess

Mueller helped company weather diesel scandal, but Diess seen as change agent.

by on Apr.11, 2018

Prior to being tapped to head VW after its diesel scandal broke, Matthias Mueller ran Porsche.

Volkswagen Group CEO Matthias Mueller is expected to be forced out at a management meeting Friday, with VW brand boss Herbert Diess expected to replace him, according to reports out of Germany.

The shake-up, which has apparently been in the works for months, has the blessing of some of VW’s top shareholders, as well as its chairman and powerful labor chief. It will mark the most extensive management moves since shortly after the automaker’s diesel emissions scandal broke in September 2015.

Global Business News!

VW issued a short statement noting it is considering “a further development of the management structure of the group which would also be associated with personnel changes in the board of management.” The statement hinted that changes under study “could include” the naming of a new CEO, adding that Mueller himself “showed his willingness to contribute,” suggesting the 64-year-old executive might voluntarily step aside rather than fight to retain his post. He is currently under a contract set to continue through 2020.

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BMW’s Access Follows Leaders in Luxury Leasing

Brand becomes latest to offer subscription service.

by on Apr.04, 2018

Ian Smith, BMW's chief executive officer of BMW Group Financial Services, will oversee Access by BMW, which starts in Nashville.

The old adage states that there are no original ideas and proving that one more time is Access by BMW, the brand revealed it will become the latest automaker to introduce a new subscription-based leasing plan.

The maker is using the app-based program to allow consumer to drive its top performance cars for as much as $3,700 a month. The new service kicks off this week in Nashville, Tennessee, and allows users unlimited access to cars.

Subscribe for Free!

The most expensive plan, the $3,700 version, permits users access to the company’s M-class cars and is appropriately dubbed the “M” tier, giving them access to the BMW M4 convertible, the all-new M5, BMW M6 convertible, as well as the BMW X5M and BMW X6M Sports Activity Vehicles. (more…)

Luxury Plug-Ins Shift Emphasis on Performance

Emphasis shifts from mileage.

by on Apr.02, 2018

The production Aviator's fastest powertrain package will pair a turbo-six with electric drive.

When the first hybrids came to market nearly two decades ago, the emphasis was on mileage, the original Honda Insight delivering as much as 70 miles per gallon, albeit at the expense of what might be described as the fun-to-drive factor.

That approach carried over as more advanced, battery-based models came to market – and as luxury brands started to plug in with vehicles like the Cadillac ELR. Based on the Mainstream Chevrolet Volt, Caddy’s first plug-in hybrid was lavishly equipped but took almost 10 seconds to get from 0 to 60.

Performance News!

A visit to this year’s New York Auto Show will reveal a wide array of PHEVs, and among mass market brands, like Chevy, Honda, Hyundai and Toyota, fuel economy is still the primary target. But it’s another matter entirely among luxury brands, such as BMW, Lincoln, Mercedes-Benz and Volvo. There’s no question they’re also using battery power to boost mileage, but they’re also putting a premium on performance.

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