Archive for the ‘Events’ Category

Ford Boosting by 1/3 Production of $400,000 GT Supercar

“Demand outstripping supply by more than six-to-one.”

by on Oct.19, 2018

Ford is extending its production run of the current Ford GT to 1,350 cars. Fans have until Nov. 8 to apply to buy one.

Ford now plans to produce 1,350 of its $400,000 GT supercars, more than a third higher than the original 1,000-vehicle run it had planned when the two-seater was getting ready to come to market in 2016.

As with the original batch, however, potential buyers still will have to go through a qualification process, the Detroit automaker primarily targeting loyal customers, particularly those who purchased an earlier version of the GT.

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“The response to our Ford GT has been unprecedented, with initial demand outstripping supply by more than six-to-one,” Hermann Salenbauch, director of Ford Performance, said in a statement. “By extending the Ford GT production run for a limited period, we’re able to maintain the exclusivity of the ultra-desirable supercar while offering the ownership experience to a greater number of customers.” (more…)

Ford Treks into New Territory With China-Only Ute

New SUV starts rolling off assembly line in China.

by on Oct.16, 2018

Ford's new entry-level sport-utility, the Territory, is the first of a wave of 50 new or redesigned products for China.

Ford Motor Co.’s late arrival in the Chinese car market is well documented, and the automaker’s been attempting to make up for lost time for the past few years with varying degrees of success — until last year, when sales took a double-digit nose dive.

However, the automaker is looking to affect a dramatic change by attacking the the highest demand area for buyers in China, which was also Ford’s weak spot: sport-utility vehicles.

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The company has been teasing its new Territory midsize SUV for some time, but now it’s on the road and looking to lead Ford on a trek to strong sales and even stronger profits. The new Territory – the ute, not profitability – was developed in partnership with its joint-venture partner in China, Jiangling Motors Corp. (more…)

China Car Market Tumbles, Complicating Problems for U.S. Automakers

BMW plans to be first foreign maker to take control of Chinese joint venture.

by on Oct.12, 2018

President Donald Trump is engaged in a trade war with China, and automakers are beginning to pay the price.

After nearly two decades of double-digit growth, the Chinese car market is entering a tailspin, and that could be particularly problematic for American automakers caught up in the U.S.-China trade war.

But other foreign automakers could better weather the downturn, in part due to changing rules that have lowered import tariffs – except on American products – and will now allow foreign manufacturers to take control of joint ventures. BMW is set to become the first to take advantage of the relaxed rules, agreeing to spend $4.2 billion to up its stake in an ongoing alliance with Brilliance China Automotive Holdings.

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“The automotive industry has been a driver of China’s economic growth for years. Now it is pulling back,” Xu Haidong, the assistant secretary general of the China Association of Automobile Manufacturers, said during a Friday news briefing, responding to questions about the market’s third straight monthly decline. (more…)

Bollinger Takes Wraps off New B2 Pickup Truck

New truck expected to be available by 2020.

by on Oct.11, 2018

The new Bollinger B2 pickup truck is expected to hit U.S. roadways in 2020.

Plenty have talked about it – Elon Musk most prominently – but only one company seems close to producing a battery-electric truck and that’s Bollinger Motors.

The now-Michigan-based EV maker debuted its B1 SUV less than a year ago with a promise of a pickup truck in the near future. Well, as one prominent politician likes to claim: promises made, promises kept. Only this time, it appears to be true.

Electrifying!

“The new B2 incorporates everything that we’ve learned in making the B1, and takes it in an exciting new direction. It’s always been the plan to have both the B1 and B2 start off our line-up,” said Robert Bollinger, founder and CEO, Autoblog reported.  (more…)

Euro Football Legend David Beckham Lends a Hand To Vietnam’s New VinFast Brand

Asian automaker set to launch production by mid-2019.

by on Oct.02, 2018

The VinFast Lux A 2.0 is based on the prior-generation BMW 5-Series platform.

There have been a few surprising moments at an otherwise lackluster 2018 Paris Motor Show, and several of them came from sources you wouldn’t expect, notably the debut of the first two new models from Vietnam’s first real carmaker, VinFast.

Of course, it didn’t hurt to have European football star David Beckham on the stand when the Lux A sedan and Lux SA sport-utility vehicle rolled out on Tuesday morning. The two will go into production by the third quarter of 2019 at an all-new factory build largely upon land reclaimed from Haiphong Harbor. Giving real meaning to the second part of its name, VinFast plans to add two more models, one all-electric, to its line-up by the end of next year.

Beyond the Headlines!

“Our ultimate goal is to become a world-class automobile manufacturer with a footprint in markets around the world,” said the start-up’s CEO Jim DeLuca, a former General Motors Asia hand who came out of retirement to help launch the company in 2017. (more…)

Tesla Hits Third Quarter Model 3 Production Target

EV maker puts out 55,849 Model 3 sedans.

by on Oct.02, 2018

Tesla's Model 3 production has been the focus of the company much of the year, but the company made its Q3 production goal of 50,000 to 55,000 sedans.

Of the many things that Tesla CEO Elon Musk has uttered or tweeted in the past few months, none may have been more important than what he said, and meant, on Aug. 1 — Tesla would build 50,000 to 55,000 Model 3 sedans in the third quarter.

Musk has made and missed more production predictions than any modern day CEO. However, this time, the company made his – and analysts – forecasts by producing 55,849 Model 3s in Q3. Analysts predicted 55,600.

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Overall, Tesla built an impressive 83,500 vehicles during the period, exceeding analysts predictions of 80,000 vehicles, and more than three times the previous year’s tally of 26,150 units. During Q3, Model S sedan sales rose to 14,470 from 14,065 a year earlier, while Model X sport-utility vehicle deliveries rose to 13,190 from 11,865.  (more…)

Ferrari’s New Monza Models Put a Modern Spin on Classic Designs

Two supercars will mark a limited run – and you’ll have to be invited to buy one.

by on Oct.02, 2018

Ferrari plans to sell just 499 of its first two "Icona Ferrari" models like the SP1. No prices were announced, but assume well into seven figures.

Ferrari has a long and glorious history, its many fans are quick to point out, and the carmaker now plans to mine that heritage for a new line of retro-futuristic models that will be sold through a new collection dubbed “Icona Ferrari.”

That will start off with the Monza SP1 and SP2 supercars making their formal debut at the Paris Motor Show today. Ferrari said at its news conference that it plans to build just 499 of them. It will offer them, it suggested, “to our best customers.” In fact, potential buyers will have to be invited just to stand in line.

Retro cars!

The forward-into-the-past design of the two Monza models is meant to harken back to one of the most glorious eras of racing, back in the 1950s and 1960s, when Ferrari dominated the European motor sports circuit. (more…)

Live from Paris!

Mercedes, BMW leading a smaller-than-usual show.

by on Oct.01, 2018

Media days are winding down at the Mondial de l’Automobile, or for non-French speakers, the Paris Motor Show. We’re continuing to scour the show looking for breaking news and back-room stories, bringing you news on the latest models and changing perspectives. So be certain to check back often at TheDetroitBureau.com.

Here is the latest news:

(more…)

Uncovered: Infiniti Project Black S

“Engineering testbed” puts F1 technology in Q60 coupe.

by on Oct.01, 2018

Infiniti's Project Black S is a key component to the luxury brand's expansion into electric vehicles.

Long a laggard in the luxury market, Infiniti has been making some serious moves to boost credibility over the last few years, notably by fleshing out its line-up with an array of sportier new models like the Q60 coupe.

Its also introduced new technology like the breakthrough VC-Turbo engine and teased the idea of challenging the likes of BMW’s M and Mercedes’ AMG performance lines. So far, prototypes haven’t turned into production models, but there seems to be something a little more serious about the Infiniti Project Black S that’s making its formal debut at this week’s Paris Motor Show.

Product News!

The concept starts out as an Infiniti Q60, but it has the beating heart of a dual-hybrid powertrain based heavily upon what you’ll find in a Renault Sport Formula One car. It’s the next step in a series of design and engineering exercises pickup up on the concept introduced at the Geneva Motor Show in early 2017. And while Infiniti will only say that it is looking at “what could be deployed in a road car,” the latest effort seems to be moving much closer to reality. (more…)

Smaller Paris Show Still Set to Deliver Big Product News

Audi, BMW, Mercedes among the headliners at Mondial de l’Automobile.

by on Oct.01, 2018

Audi is ready to take on the industry leader, Tesla, with the all-new e-tron, which will make its public debut at the Paris Motor Show.

It may be the City of Lights but things will be a little darker at the 2018 Mondial de l’Automobile. Otherwise known as the Paris Motor Show, it’s been hit by the same industry retrenchment that has hammered other major shows, including Detroit and Chicago during the last several years.

Among the manufacturers who’ll sit things out for 2018 are Ford, Infiniti, Mazda, Mitsubishi, Nissan, Opel, Subaru, Volkswagen and Volvo, as well as several Fiat Chrysler brands. And several other carmakers are expected to downsize their presence when the show begins with the annual two-day media preview on Tuesday.

Auto Show News!

That said, it will just allow the spotlight to shine more brightly on those brands that have decided to stick with Paris this year. Among the most prominent previews on the docket will be debuts at the BMW, Mercedes-Benz and Ferrari stands. And while some of its Volkswagen Group siblings will be notably absent, Audi will retain a high-profile presence with three important public unveilings. (more…)

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