Archive for the ‘Coupes’ Category

Weakening Sales Worry Automakers Gathered for NY Auto Show

Industry execs fear a Trump “grenade," but automakers are creating some of their own problems.

by on Apr.19, 2019

Toyota's U.S. sales chief Bob Carter expressed concern about the potential impact of actions by the Trump administration could have on sales this year.

U.S. auto sales suffered a severe chill over the winter. Demand was widely expected to slip slightly after posting an unexpected increase in 2019, but the market has been surprisingly weak and many of the industry officials gathered for this week’s media preview at the New York International Auto Show fear the situation could get worse.

In particular, there was a clear sense of concern that President Donald Trump could be “pulling the pin out of the grenade,” as Bob Carter, head of U.S. sales for Toyota put it, escalating the various trade wars to the point that it could send American car sales into a tailspin.

Sales News!

The harsh weather that swept through much of the country in January and February clearly took some of the blame for the way demand tumbled during the first quarter. But even a climactic reprieve in March did little to improve the situation, and sales for the first three months of the year were off by 4%. Only four brands finished the quarter in the black – and even then, only on the retail side. (more…)

Hyundai Names Former Nissan Exec José Muñoz its New COO

The 53-year-old exec was forced out in wake of Nissan’s Ghosn scandal.

by on Apr.18, 2019

José Muñoz, Nissan's former chief performance officer, is joining Hyundai and will oversee U.S. operations as part of his duties.

José Muñoz, the widely admired Nissan chief performance officer forced out in the wake of the scandal surrounding former Nissan Chairman Carlos Ghosn, is moving to South Korea, where he will become the global chief operating officer at Hyundai Motor Co.

The 52-year-old Muñoz was considered a rising Nissan star and a potential successor to Ghosn but tendered his resignation in January, sources told TheDetroitBureau.com, in protest over the Japanese automaker’s handling of the Ghosn investigation. The 65-year-old Ghosn remains in a Japanese detention center accused of a variety of financial crimes, though skeptics contend he has become the victim in a power struggle between Nissan and its French alliance partner Renault.

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In his new post, Muñoz also will serve as president and chief executive officer of Hyundai Motor North America and Hyundai Motor America. (more…)

California Start-Up Plans to Launch $149,000 Chinese-Made EV Sports Car

Qiantu K50 will be modified for American market.

by on Apr.18, 2019

The Qiantu K50 will be produced in China, but sold in the U.S. through Mullen at a cost of $149K.

A California start-up wants to sell a Chinese-made battery-electric sports cars to American drivers, the Qiantu K50 by Mullen scheduled to make its debut in the U.S. market sometime in 2020.

With its classic, supercar silhouette, the K50 is expected to join an array of electric vehicles destined for U.S. shores that will either be produced in China or come from American factories operated by Chinese companies, such as Karma and Byton.

Product News!

The new sports car, perhaps more importantly, will be part of a wave of new entries likely to reshape the perception of electric vehicles, from slow and stodgy to sleek, fast and fun-to-drive. (more…)

Porsche Planning to Set New U.S. Sales Record in 2019

North American CEO says tariffs would kill record run.

by on Apr.18, 2019

Porsche North America CEO Klaus Zellmer said the company expects to set a new U.S. sales record this year, but a tariff would cut sales 20%.

Porsche has set its sights on setting another sales record this year as it rolls out a product plan that embraces electrification and keeps close with the brand’s proud heritage.

Klaus Zellmer, president and chief executive officer, Porsche North America, noted during a press briefing at the New York International Auto Show, that Porsche has chalked up a long string of annual sales records in North America and expects to set another record in 2019 by selling more than 50,000 vehicles.

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Zellmer, however, also said the threat of tariffs hangs over the ambitious goal. A 25% tariff on imported vehicles, which the Trump administration is considering, could reduce Porsche sales in the U.S. by as much as 20%. (more…)

Live From New York!

Dozens of news models debuting in the Big Apple.

by on Apr.17, 2019

America’s largest city is the center of the automotive universe this week as the New York International Auto Show is underway. The media that had been swarming four floors of displays from the world’s automakers are now giving way to the public.

However, there are still a few stories left to cover and TheDetroitBureau.com is making sure we continue to bring you the latest news so check in regularly to stay on top of the latest happenings. (more…)

NY Auto Show Sees Return of the Porsche Speedster

Buyers will have to put up with a manual top – but the tradeoff is a 502-hp GT3 engine.

by on Apr.17, 2019

Porsche is bringing back a historic name with its new 911 Speedster, which debuted at the NYIAS.

It’s a name that dates back almost seven decades, so Porsche whipped up plenty of enthusiasm when, last year, it showed off two 911 Speedster Concepts. Now, the German automaker is turning concept into reality, unveiling a limited-edition production model at the New York International Auto Show.

In some ways, the new Speedster goes back to basics with a cloth tap that has to opened and closed manually, but the trade off is a two-seater that draws power from the same engine used in the 911 GT3 and GT3 RS models. The 502 horsepower package will launch the Speedster from 0 to 60 in just 3.8 seconds, with a top track speed of 192 mph.

Auto Show News!

Despite a price tag of $274,500 – not including the $1,250 delivery charges – the 2019 Porsche 911 Speedster is expected to sell out relatively quickly. (more…)

Nissan Makes a Splash in NYC with New Versa, 3 Sports Cars

Japanese maker shows off new GT-R, two 50th anniversary sportsters.

by on Apr.17, 2019

Nissan brought four new models to the NY Auto Show, including the 50th Anniversary 370Z.

Nissan hit the New York International Auto Show looking to make a splash with the introduction of a trio of vehicles including a celebration of the 50thanniversaries of the iconic Nissan GT-R and 370Z sports cars as well as the all-new, third-generation 2020 Nissan Versa.

The 2020 Nissan GT-R 50th Anniversary Edition, Nissan GT-R NISMO and 370Z 50th Anniversary Edition are the scene stealers, although the Versa is often the brand’s first with new, young car buyers so an updated model is important.

Performance News!

With that in mind, the company’s newest version comes with a bunch of updates and an exterior redesign — the third Nissan to get a makeover. The stylish entry-level 4-door Versa is set to go on sale in summer 2019. (more…)

Genesis Goes Urban With Mint Battery-Car

Is this the “ideal city car” for the Big Apple?

by on Apr.16, 2019

The Genesis Mint concept could hint at a high-end city car using the brand's upcoming battery platform.

Genesis is plugging into this year’s New York International Auto Show – quite literally, with the Mint, a battery-electric city car concept making its debut at a media preview.

Targeting the likes of the now all-electric Smart fortwo, the two-seat Genesis Mint could be “the ideal city car (for) New York, suggested Manfred Fitzgerald, Executive Vice President and Global Head of the Genesis Brand.

Auto Show News!

Whether the luxury brand has specific plans to bring the Mint to market is uncertain, but company officials have confirmed they are working up a flexible battery-electric “architecture” that will be used for an assortment of future all-electric vehicles, with the first likely due to market in about two to three years.

(more…)

Bugatti Commemorates 110 Years with Chiron Sport “ans 110 Bugatti”

Covered in Blue Steel carbon fiber and steel, it hits 260 mph.

by on Apr.16, 2019

The Bugatti Chiron ans 110 Bugatti is one of 20. The limited edition racer marks the company's 110th anniversary.

If a 25-year anniversary is silver and 50 years is gold, what’s 110? Bugatti!

Perhaps more precisely the limited-edition Chiron Sport “110 ans Bugatti,” the specialty $4 million racer to commemorate the founding of the company in 1909 by Ettore Bugatti as well as the country where the company was created. The car is designed to “serve as inspiration for a company that follows its founder’s spirit.”

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The limited-edition Chiron Sport “110 Ans Bugatti” also emphasizes the company’s French heritage with an exterior livery, if you will, in the tricolor, “Le Bleu-Blanc-Rouge.” That scheme rolls over to some parts of the interior as well. Just 20 of the cars will be built. (more…)

From Minicars to $4M Hypercars, Something for Everyone

Check out the debuts from the foreign makers.

by on Apr.15, 2019

The New York International Auto Show will see dozens of new model introductions this year.

There’s been plenty of talk about the end of the auto show era, and we’ve certainly seen a lot of manufacturers step back from the lavish previews that were the norm in decades past. That said, this year’s New York International Auto Show looks to be a major event, with close to three dozen vehicles making either their North American or global debut.

There’s something for everyone’s taste and budget, from the new, entry-level Nissan Versa all the way up to the special edition Bugatti Chiron Sport “110 ans Bugatti,” a hypercar expected to go for somewhere around $4 million. No surprise, there’s a particular focus on sport- and crossover-utility vehicles, reflecting the ongoing shift in the U.S. market.

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We’re waiting to hear more about some of the products coming to the 2019 NYIAS, several automakers promising to deliver some surprises – such as the all-electric concept Genesis has been hinting at. But here’s a look at the foreign automaker’s products we already know about that will debut at the Jacob Javits Convention Center this coming week. (We’ve put the American brands in a separate piece due to length.) (more…)