Vroom, an emerging e-commerce player in buying and selling used cars, has announced the acquisition of CarStory, itself another used car platform. CarStory’s AI-powered analytics and digital services are what attracted Vroom, through the purchase of Vast Holdings, Inc., CarStory’s parent company.
Ford has hired Suzy Deering as global chief marketing officer to help execute its plan to unlock customer and company value. Deering will join Ford as head of Global Marketing on January 4, 2021, from worldwide and North America CMO at eBay for five-plus years.
Deering will succeed Joy Falotico as Ford CMO. The company previously announced that Falotico, who has been managing both marketing and the Lincoln brand for the past three years, will be dedicated solely to her role as president of the Lincoln Motor Company, Ford’s strategically important and growing luxury vehicle brand.
The automaker says it isn’t in the cards, but an analyst at Morgan Stanley says he’s hearing investor support for the idea. After all, what better way to signal your company’s shift towards forward-thinking electric and autonomous mobility than a fancy rebranding?
General … Mobility? Read More >
Not to be outdone by Ford Motor Company’s Bay Area bikeshare program, General Motors has unveiled two new, two-wheeled vehicles that are sure to get any Camaro ZL1 owner’s pulse racing. We’ve poked fun at the Blue Oval’s non-car efforts of late, but entering the pedal-powered field is serious stuff for companies — stagnating new vehicles sales calls for a myriad of alternative revenue solutions. Just wait till Fiat Chrysler launches a RAMbike.
At least with GM’s latest mobility effort, a motor comes attached. What isn’t attached, however, is a brand name. GM needs help with that. Read More >
Yesterday, TTAC covered news of the launch of a second-generation K900 model in the United States at the upcoming New York International Auto Show and Mobility Conference. Upon considering the K900 and its potential for success, some questions arose about the three different badges on offer from the Hyundai-Kia conglomerate, and what we might do with them.
Where does Hyundai go from here?
Buick had best hope every consumer knows exactly what the tri-shield badge stands for, as the automaker will soon dispense with “Buick” lettering on all of its models.
The dropping of the brand nameplate on Buick vehicles, first confirmed by GM Authority, began with the refreshed-for-2019 Envision crossover. A fluke born of Chinese manufacture? Nope — Buick is going away, in name only. Read More >
Launched last fall on the new-for-2018 Enclave crossover and extended to the LaCrosse large sedan, Buick now is making noises that the Avenir sub-brand will extend across the lineup, potentially landing on every model it sells.
That didn’t take long. Less than three months ago, we reported Buick brand boss Duncan Aldred said, in reference to Avenir, “We’re not going to force it,” while speaking at a media event near Detroit. It must be tempting to do so, however, when the brand looks across the showroom to see Denali trucks helping push the GMC brand to a record average transaction price north of $55,000.
Mini has revealed an ultra-streamlined logo that will begin appearing on the brand’s cars by March of 2018. Abandoning the three-dimensional model as the automaker’s official mark, the new crest isn’t any more exciting but does looks a bit more contemporary.
The new emblem actually made its debut on the Mini EV Concept in late summer. At the time, it wasn’t clear what the purpose of the new logo was. For all we knew it could have been a way of differentiating electrified models from the company’s main lineup, or simply be a way to further streamline the battery-driven concept. Instead, it’s to be the replacement for the old logo and will crop up in all the automotive locales one would expect: the hood, tailgate, steering wheel, and key fob.
The tens of readers who follow my bleatings here on TTAC (Hi, Dad!) may recall my fondness for the Lincoln brand. Having spent my own hard-earned Canadian dollars on two of them, plus encouraging other family members to do the same, I would be lying if I said I’m not rooting for the brand to once again plant its feet firmly in the minds of its target demographic.
For me, the disarmament campaign started when Lincoln began abandoning real names in favor of an alphanumeric (minus the numeric) naming scheme. Turns out, after reading a revealing Automotive News interview with Lincoln’s marketing chief, I’m not the only one who disliked it.
Nothing stirs up enthusiasts and cynics quite like the potential launch of a new brand in the United States. Over the past several years, we’ve reported on the motions being made by established European players eager for a thin wedge of the country’s huge car-buying pie — players like PSA group, which is now in the early days of a decade-long return to the U.S. marketplace.
Less exciting, especially considering the level of zeal expressed for quirky French cars, is the rumored emergence of the Skoda brand on this side of the Atlantic. Once a lesser player in the Volkswagen Group fold, the Czech automaker is enjoying huge sales increases. There’s a diverse lineup of vehicles, including a seemingly made-for-America SUV, the Kodiaq. The brand even filed trademark applications for model names.
So, should we expect a go-ahead decision in the months ahead, like the brand’s leadership hinted at last year? Nope. Skoda has better things to do. Read More >
Polestar said goodbye to Volvo Cars over the internet this week. While we like what Polestar does, the social media posting is a slightly sanctimonious. The brand will undoubtedly continue to use Volvo cars as a base for all of its upcoming builds and persist under the same corporate umbrella. It would be a bit like AMG wishing Mercedes-Benz a fond farewell in 2005 and then continuing to use its vehicles.
They’re technically separate entities but both AMG and Polestar exist as a result of the core brand and operate under the watchful eye of a much larger company — Daimler for AMG and Geely for Polestar. The only difference is that the Swedish performance arm is, like Volvo, focusing on electrification for added power while the Germans continue with rip-roaring internal combustion powerplants without even a hint of EV adoption.
Just kidding. Mercedes-AMG’s director of vehicle development, Drummond Jacoy, already confirmed the brand has to “reinvent” itself when it comes to electric cars, promising mild-hybrid applications last Janurary. Read More >
In Hyundai’s mind, consumers now know the brand builds reliable cars. Quality cars. Attractive cars. “But now we have the knowledge to add sportiness to that image,” says Klaus Köster, Hyundai’s European director for high performance vehicle development.
The Hyundai i30 N, essentially a high-performance version of the Hyundai Elantra GT that Americans will soon be able to purchase in less powerful iterations, is instantly becoming the foundation for a Hyundai brand that wants to be taken more seriously for its athleticism.
Just as the i30 N spent much of its development time at Hyundai’s six-year-old technical center beside Germany’s iconic Nürburgring circuit, now every Hyundai will be assessed at the Nürburgring.
The Santa Fe’s ‘Ring time probably won’t be published. Read More >
It’s been an interesting few years at Ford Motor Company, especially for the automaker’s prestige marque. Ever since Ford decided that reviving the listless Lincoln brand with a life-giving cash infusion was the right way forward, watching the division reconcile its unsavory near-past and mouth-watering distant past with its present and future has become a source of amusement.
Not to say that Lincoln’s executives and PR teams are stumbling like Gerald Ford. Far from it. However, sometimes a statement causes a “whoa, hold on a minute” moment that’s too big to ignore. Read More >
“Pshhh, it’s not that fast. Your car is faster,” the young man wearing the Alpha Gamma Delta shirt said to his blonde companion. We were in the parking lot of a stadium in Orange County, under the shade of a white tent with a Cadillac logo, beside a sign reading: “ACCELERATION.” It was unclear which Cadillac he was disparaging, as both the ATS-V and CTS-V were available for full-throttle rips. He may have been trying to goad his girlfriend into driving, but the trash talk indicated this was no press junket.
Welcome to the Southern California edition of Cadillac’s Truth + Dare summer tour across America.
Two weeks earlier, I was wondering how the hell I was targeted on Twitter by a Cadillac ad with an invitation to a ride-and-drive event. For financial reasons, “automotive journalist” doesn’t fit the profile of a typical Cadillac customer. My BMW Z3 recently celebrated its 20th birthday. But they weren’t asking for my tax returns and I’m fascinated by the Cadillac brand, so this seemed like an opportunity to see how they present themselves to the public. All I had to do was drive from Los Angeles to Anaheim on a Friday at 2:00 p.m. Read More >
Think of it as a green brand known for producing some very blue cars. Polestar, Volvo’s performance wing, will be spun off into an electrified automaker under a new plan from the Swedish car manufacturer.
Expected to do battle with the likes of Tesla and BMW’s i sub-brand, future Polestars — like their gasoline-powered predecessors — will stake out space in the performance arena, only this time in a different niche. Read More >
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