Archive for the ‘Asia Pacific’ Category

Porsche Plugging In: Half its Line-up Will Be Electrified

German carmaker looking to expand battery-electric use.

by on Jan.18, 2018

Porsche is moving forward with its newest electric vehicle, the Mission E, as it expands its electrification efforts to half of its line-up.

It will be another year before Porsche’s first pure battery-electric vehicle, the Mission E, finally reaches market, but the German sports car brand already is laying out big plans to electrify.

Fully half of all Porsches will use some form of battery power by 2023, according to a presentation by Porsche Cars North American CEO Klaus Zellmer. That is expected to include not only the hybrids and plug-in hybrids currently in the line-up, but also additional BEVs like the Mission E. Porsche officials have also suggested they will eventually electrify even such classic core models as the iconic 911.

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While such a move might be a stretch for traditional Porsche buyers, the brand has begun bringing in younger buyers who are more open to experimentation, said Zellmer, speaking at the annual Automotive News World Congress. Nearly 80% of the customers who are signing up for the new Porsche Passport subscription service “have not owned a Porsche before,” he noted. (more…)

Caddy Chief “Highly Optimistic,” Despite Struggles in U.S.

De Nysschen counting on new crossovers to help reshape the brand.

by on Jan.17, 2018

Cadillac President Johan de Nysschen has had to reshape his product plans to favor SUVs.

Cadillac chief Johan de Nysschen is proving himself to be a “glass full” kind of guy. Despite ongoing struggles in the U.S., he is optimistic General Motors’ luxury brand’s revival is “proceeding according to plan.”

Of course, it helps to know that Caddy is rapidly gaining ground in China, the world’s largest market – which also happens to be generating more sales than the U.S. these days. There’s also the fact that the new XT4, a critically needed new SUV will be in dealer showrooms late this year, with another new product set to roll out every six months through at least the end of 2020.

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“At the conclusion of this first phase of the plan, Cadillac will be armed for the first time with a family of premium crossover vehicles, positioning us well to exploit market preferences,” de Nysschen said during a presentation to the Automotive News World Congress.

(more…)

Lamborghini Says New Urus Will Soon Have Companion Model

World’s fastest SUV makes North American debut.

by on Jan.16, 2018

Lamborghini's first-ever sport-utility vehicle, the Urus, made its North American debut in Detroit.

What’s being billed as the “world’s fastest” sport-utility vehicle has made its North American debut at the Detroit Auto Show.

But the 189 mph super-ute won’t live alone in the Lambo line-up, at least not for long, officials with the Italian automaker telling TheDetroitBureau.com that they are already working on a second model that will join the Lamborghini Urus in showrooms about two years from now.

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During a presentation in downtown Detroit, the Italian automaker’s Chief Technology Officer Maurizio Reggiani stressed that the Urus deserves to be viewed as a true Lamborghini, and not some sort of quirky compromise, because it “shares the strong DNA that comes from our sports cars.” (more…)

Live From Detroit!

Are Sedans a Dying Breed?

by on Jan.15, 2018

The 2018 North American International Auto Show is making big news this week and revealing some of the significant trends reshaping the auto industry.

Of course, TheDetroitBureau.com is still combing the show floor to bring stories and analysis so keeping checking the site often for additional must-know news and the latest updates. (more…)

Honda Plans to Show Off Insight Prototype at NAIAS

New hybrid fills the gap between Civic and Accord.

by on Jan.11, 2018

Honda plans to unveil the Insight Prototype at the North American International Auto Show in Detroit next week.

Honda continues to expand its electrified offerings and will show off its Insight Prototype at the North American International Auto Show in Detroit next week, and provided an early look today.

The Insight prototype is likely not going to vary much from the actual Insight, which is slated to hit dealerships later this year. It’ll be the automakers fifth electrified vehicle and it will be built alongside the Honda Civic and CR-V in Indiana.

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“The new 2019 Honda Insight signals we are entering a new era of electrification with a new generation of Honda products that offer customers the benefits of advanced powertrain technology without the traditional trade-offs in design, premium features or packaging,” said Henio Arcangeli Jr., senior vice president of Automobile Sales and general manager of the Honda Division, American Honda Motor Co. Inc. (more…)

Toyota Paints the Future of Mobility With e-Palette Concept

“A multi-purpose moving space.”

by on Jan.08, 2018

Toyota CEO Akio Toyoda introduces the company's new e-Palette battery-electric van at CES 2018.

Think of the concept vehicle Toyota unveiled at CES Monday as something of a blank canvas. The e-Palette can serve as anything from a driverless ride-sharing vehicle to an automated delivery van – even a mobile store where commuters can shop on their way to work.

The battery-drive prototype will make the transition from concept to reality two years from now when Toyota puts several versions of the e-Palette into service during the 2020 Tokyo Olympics. And the giant automaker has already signed up several e-commerce partners, including Amazon, Pizza Hut and the ride-sharing service Uber.

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Think of e-Palette as a “multi-purpose moving space,” said Akio Toyoda, the CEO of Toyota Motor Corp. and grandson of its founder. “Every e-Palette can be reconfigured for different purposes within a single day.” (more…)

LeEco CEO Defies China’s Order to Return, Stays in US

Jia Yueting stays put to complete $1B in fund raising for Faraday Future.

by on Jan.02, 2018

Chinese billionaire Jia Yueting has money riding on both LeEco and Faraday Future.

Jia Yueting, CEO of Faraday Future, defied orders to return to China and meet with federal regulators there concerning the company’s debt, deciding instead that the company’s financial future was here and now in the U.S. raising funds for the beleaguered start-up automaker.

The China Securities Regulatory Commission ordering Jia Yueting to return to China to address mounting debt from LeEco – he’s the CEO – to protect investors’ rights. Instead Yueting sent his younger brother, Jia Yueming, to meet with the government officials, explaining he needed to remain in the U.S. to wrap up deals to secure the $1 billion in funding that Faraday needs.

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“I am deeply sorry and blame myself for the negative impact of LeEco’s debt crisis,” he said in the statement that was posted on his official WeChat account, according to Reuters.  (more…)

Musk Gives Twitter Users a Peek Behind the Curtain

Popular CEO fields questions via Twitter, reveals upcoming Tesla updates.

by on Dec.29, 2017

Tesla CEO Elon Musk held court on Twitter recently, promising everything from a pickup truck to improved Autopilot.

Tesla founder and CEO Elon Musk went “all Oprah” on Twitter yesterday. He asked his followers for input on how to improve the company’s vehicles and as the answers came back he basically rubber stamped approvals like Oprah gives out cars.

The charismatic EV company leader received more than 13,000 responses to his query, which also sought back on his other companies, such as SpaceX, SolarCity and The Boring Co., but most centered on what Tesla mavens wanted to see in the future.

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He responded to about a dozen, promising one respondent that the company will “make a pickup truck right after Model Y.” He added that he is “dying to build it,” so when the company debuts the Model Y, the truck could be part of that unveiling, based on the last event. (more…)

Alfa’s Next SUV Will Be Bigger, Hybrid-Powered

Making “a little big bigger.”

by on Dec.28, 2017

Auto Express used a bit of Photoshop magic to give a hint of what the larger Alfa SUV might look like.

Alfa Romeo’s next SUV will not only be the brand’s biggest model ever but also its first hybrid, according to the Italian automaker’s chief technical officer.

With the Stelvio, Alfa’s first ute, clicking with buyers around the world, the brand is betting the next, as yet-unnamed SUV will continue to power its global revival plan. But it will be just one of three new models set to debut during the next couple years.

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“The Stelvio for sure is an example of Alfa DNA, why don’t we translate that in a car which is a little bit bigger?” asked CTO Roberto Fedeli, in an interview with Britain’s Auto Express magazine. (more…)

Uber Taking More Lumps Over Evasive Tactics

Company's problems expanding in Europe, Asia

by on Dec.27, 2017

Uber continues to face problems in London and now that's expanded to Vietnam.

Uber, even though it has promised to clean up its odious management culture, is still getting into trouble of trying to evade laws and regulations in various countries where it operates.

Taxi drivers in London, in one case that his gotten an enormous amount of attention, want to charge Uber’s top management in the United Kingdom with perjury after Transport for London accused ride-sharing company of lying to the High Court.

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In a 21-page letter to Uber seen by The Sunday Times, TfL says it refused to renew the company’s operating license in September because Uber had given it “materially false and misleading” information many times. (more…)