Mitsubishi has announced the 3rd major-OEM plug-in vehicle for the US market (available in November), and it’s taken the opportunity to bring down the price of entry for (barely) freeway-capable EVs. With 66 HP and 145 lb-ft of torque, the Mitsubishi i will take you to “approximately 80 MPH” for the low, low price of $27,990 before a $7,500 federal tax break. For $29,990, Mitsu will sell you an SE version, with an upgraded interior, premium sound system, and more. At those prices, the Mitsubishi i costs thousands less than the $32,780 base-MSRP Nissan Leaf, the previous budget EV king. But the i is only rated at 85 miles of range per charge based on the same test that said the Leaf would get 100 miles per charge, and the Leaf’s ultimate EPA rating is 73 miles so expect less from the i. But hey, it’s the first pure EV crash-tested by NCAP (it got four stars, thankyouverymuch), and its cheap. You get what you pay for…
Posts By: Edward Niedermeyer
President Obama’s goal of putting one million plug-in vehicles on the road by 2015 has faced serious challenges from day one, with several studies pointing out that the goal probably isn’t achievable without more government action.But up till now, President Obama has forwarded only one actual policy change aimed at achieving his goal, namely turning an existing $7,500 federal plug-in tax credit into a rebate, redeemable at the point of purchase (an idea first forwarded by Michigan Democrat Debbie Stabenow). This plan should help drive a Cash-for-Clunker-style EV buying frenzy, as the rebate would not be dependent on the buyer’s tax burden. But Automotive News [sub] reports that Senate Finance Committee Chairman Max Baucus (D-MT)
is very concerned [about the credit-to-rebate scheme] from an effectiveness standpoint.
Baucus doesn’t make a regular habit of opposing the President, but apparently his concerns about the Obama/Stabenow credit-to-rebate plan are serious enough for him to put politics aside.
Mazda has joined the party at the 40 MPG beach, rolling out its new SkyActive engine technology in order to give its Mazda3 refresh a 40 MPG EPA highway rating (with autobox, 39 MPG with manual). Power is up as well with the new engines, generating 155 horsepower at 6,000 rpm and 148 lb-feet of torque at 4,100 rpm. But possibly the biggest Mazda news: as part of its goal to become “the Japanese Alfa Romeo,” Mazda’s stylists have toned down the 3’s goofy grin, giving it a slightly more grave countenance. Again, by addressing the 3’s traditional weaknesses, namely weak fuel economy and overwrought styling, Mazda has helped make the NYIAS a banner year for well-executed mid-cycle refreshes.
What lies beneath the vaguely Alfa-Romeo-like styling of the FAW Besturn B30? Here’s a hint: it’s the car that China refuses to let die. Still don’t know? Well, believe it or not, there’s a Mk. II Jetta under that sharply-creased sheetmetal, as China’s car industry seeks new ways to keep flogging the same 30-year-old German iron. Because, if it ain’t broke…
A few summers ago, a run-in with a then-new Jaguar XF led me to criticize the Jag’s lack of what the Germans call “Überholprestige,” or, “the ability of a car to intimidate drivers into moving out of your way.” Granted, it’s not the most important consideration for most car buyers, but if you’re dropping upwards of $40k for a luxury sedan, you want its front end to leave some kind of impression. After all, who cares what badge you’ve bought, if the car can’t be recognized as an expensive speed freak in the rear-view mirror of the Avalon that’s hogging the left lane? Well, it seems Jaguar agreed that the front-end of its XF lacked a certain gravitas, and they’ve given the old girl a ferocious looking nip-tuck. Sure, its new scowl looks distinctly BMW-esque and all LED running lights invite inevitable Audi comparisons, but it’s also got the grace and ferocity of the brand’s eponymous predator. In short, the new fascia really ties the design together, and makes the XF a more broadly-appealing and visually impactful competitor. Well done, Jaguar.
Like the Subaru Impreza, Kia’s Soul is a car that I’ve nursed a soft spot for ever since it became the first car I ever reviewed for TTAC. When friends approach me asking for advice about practical, flexible low-cost cars, the Soul is often one of my first suggestions, and nobody has ever regretted at least test-driving one. The Soul earned further brownie points from me during the Detroit Auto Show a few months back, when our rental Soul carted us through a nasty snowstorm with aplomb. So, like the Impreza, I was a little bit nervous when Kia announced they would be updating the Soul at the New York Auto Show.
The Swedish National Debt Office has approved Saab’s deal to sell property to its Russian backer, Vladimir Antonov, but the Swedish firm is still waiting on approval of the deal from the European Investment Bank. Saab’s production operations have been shut down for two weeks, since the automaker began having trouble paying its suppliers. The EIB says its must simply review the deal, which would include the sale of Saab’s property to an Antonov-owned bank as well as the release of the remainder of Saab’s EIB loan, although GM gets to review the deal as well before it goes through according to thelocal.se. And since GM has long opposed Antonov taking a large share of Saab, which owns rights to some of its latest technology, Saab is reportedly also talking to several Chinese firms about partnerships that could save the struggling automaker.
The Washington Post‘s Paul Duggan blogs that Charlie Sheen arrived late to his Washington DC show after being escorted by local police officers at speeds of at least 80 MPH, an incident the actor documented in the tweet shown above. And lest TTAC be accused of pandering to lowest-common-denominator Charlie Sheen voyeurism, Duggan teases an interesting question out of the situation: can just anyone get a police escort and drive legally at illegal speeds? Hit the jump for your answer…
We’ve been wondering whether Nissan would be bringing both a sedan version of its new Versa (sold abroad as the Nissan Sunny) and a hatchback version (sold abroad as the Tiida) to the US market, and now we know: The “Sunny” sedan will be sold here as the Versa sedan starting this summer as a 2012 model, while a hatchback version (possibly different than the Chinese version we’ve seen) is still a good year out.
Pricing will remain on the low end, with abase MSRP of $10,990, though interior volume is down slightly, from 94.7/17.8 (passenger/luggage) to 90/14.8 and its platform is 150 lbs lighter than its predecessor. The new 1.6 engine makes 109 horsepower at 6,000 rpm and 107 lb-ft of torque at 4,400 rpm, returning 37/33 MPG with CVT, 27/36 with manual. And here’s the strange part: though Nissan refers to the Versa as a “compact,” a new Sentra is still planned for sometime in the next 18 months. Between a new Micra, the Versa sedan and hatches and a new Sentra to boot (not to mention the compact Leaf EV), Nissan seems to be going all-in on small cars.
The joint Subaru-Toyota “FT-86” has been hyped for some time now as a modern-day AE86, a car with which Akio Toyoda hopes to recapture the “splendid flavor” of driving excitement that has been missing from Toyotas for some time. An affordable halo, in other words, which reconnects Toyota to the youthful enthusiasm of young men in search of rear-drive antics. And since it’s facing an aging demographic, that’s not a bad idea for the Toyota brand. Unfortunately, the latest look at the Toyobaru’s evolving styling is being shown in New York as a Scion, the brand that exists to prove that the Toyota brand can’t be youthful and exciting (and which just got a new sports coupe).
I’ve been on the record as a Scion-basher for some time, so I won’t beat a dead horse here… but if the FT-86 is supposed to be a halo for Toyota, it can’t just be shuffled off to the Scion ghetto. The car will probably sell regardless of the badge it ends up wearing, but the Toyota brand needs this enthusiasm investment, and Scion just needs to die.
Especially since the Legacy/Outback started ballooning and the Forester got a dealer-demanded homogenization, the Impreza has been my personal favorite Subaru (my significant other owns an ’08 wagon). It may not win any fuel economy contests in its size class, but the weight of its AWD system and grunty 2.5 liter engine make it a solid baby grand tourer compared to its front-drive competitors. But with gas prices now climbing steadily towards “freak-out” levels and competitors lounging on the 40MPG beach, a consistent 26 MPG no longer cuts the mustard. And so the new Impreza will lose its 2.5 liter engine in favor of a 2.0 unit which, along with some weight loss and a CVT will power the new Impreza to a 27/36 MPG EPA rating (25/33 with the manual transmission). Far be it from us to complain about less weight and more fuel economy, but it feels like the Impreza may be giving up some of its niche appeal in search of mainstream acceptance… not that there’s anything wrong with that.
Hyundai has received a lot of attention recently for improvements in its product lineup, but as TTAC has proved, it’s actually the brand’s non-product innovations that can be most closely tied to its recent success. Hyundai’s biggest sales growth in the US market has come on the heels of its 100k mile warranty and its Assurance buy-back program, rather than the introduction of any new car. And so, although Hyundai has revealed its new Accent (which we already showed you), the big Hyundai news coming out of New York is the brand’s latest Assurance feat: a trade-in value guarantee. The program rolls out in May, and Hyundai USA CEO John Krafcik tells the DetN that
Depreciation is a big unknown. It’s like giving one of the big benefits of leasing, but you’re still owning the car. We’re already one of the highest brands in loyalty, and we think this will help.
It certainly can’t hurt.
The chart [above] shows the rate of fatalities per 100 million miles driven. We have assembled the data, going back almost 100 years. Look at the chart closely. Can you see a drop in fatalities that corresponds with when seatbelts were first introduced? Or when legislation mandating their use was passed? Or what about when air bags become prevalent? What about a jump in fatalities that ties to the current “epidemic” in texting while driving?
I can’t. The data does show that fatalities dropped markedly during the Great Depression and WW II. Aside from that, the rate has been declining steadily for years. Decades, even. This is good news, but makes it hard to credit seatbelts, technology or the other factors that reflexively are given credit. I am not suggesting that we should all stop wearing seatbelts. I am suggesting that when thinking about transportation safety, there is more going on than we typically consider.
Ford fans, rejoice! The Blue Oval Brand has been promising to do more to differentiate its “all go, no SHO” 365 HP Taurus SHO since the fall of 2009 (shortly after it debuted). After all, why drop nearly $40 large on a Ford if nobody realizes that it’s the high-po Ecoboosted version? Sure enough, Ford has updated the regular Taurus for the 2013 model-year, and its gone and visually differentiated the SHO while it was at it. But though the SHO now looks different from the standard car, can you actually tell which is which? (Hint: it’s the Kia-looking one) It’s one thing to simply differentiate the SHO… but does a mesh grille and some black trim justify the SHO’s high price or represent its potent power? Q-ships are cool, but they don’t have a great sales record.
Speaking at the New York Auto Show today, GM CEO Dan Akerson defended his inconsistent approach to sales incentives, telling the AP [via The Washington Examiner]
I feel pretty good about that. I think we’re in pretty good shape. I don’t want to be a predictable competitor. I don’t want the other guy to know exactly what I’m doing.
For some context,
GM surprised the industry — and Wall Street — when it raised discounts by $400 per vehicle in January and February. Most automakers didn’t raise them because demand for new vehicles has been rising in line with supply…
GM pulled back on its incentives in March, spending $600 to $800 per vehicle less on the deals. But it was too late for some investors, who shied away from the company’s stock because higher rebates lower car companies’ profits.
But does Akerson’s upside, the element of surprise, outweigh the downsides of his hot-cold incentive strategy?
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