17/29 mpg city/highway. That’s what the C7 Chevrolet Corvette is expected to return as far as fuel economy figures go. When the C7’s “Eco” mode is selected, it will apparently be capable of the magic 30 mpg mark.
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Category: Industry
What you’re looking at here is
- A big “F U” to CAFE regulations
- Very likely the next vehicle my parents buy
In the compact segment, GM and Ford are having no trouble moving metal. The Cruze is coming off of a record month, and the Focus is slightly ahead of the Cruze year-to-date. So what about the Dodge Dart? Sales of the Dart have been incredibly weak; in a segment where the top sellers can move between 20,000 and 30,000 units monthly, the Dart has barely cracked 8,000 units per month. Not a good sign when Sergio Marchionne himself said “if you’re a serious car maker, and you can’t make it into this segment, you’re doomed.”
The Dart’s biggest competitor may not even be in the compact segment, but in the the very same showroom it lives in.
Still glowing from their win at Pikes Peak, Peugeot is about to show off something completely different; a 135 mpg B-segment car (on the European cycle) that can still break the automotive Mendoza Line and hit 60 mph in 8 seconds.
Buyers hankering for a more macho alternative to the Buick Encore won’t have to wait too long for something to fill that void. According to Edmunds, an all-new Jeep, similar in size to the Encore, will debut next year.
A great month for Jaguar, which posted a 59 percent bump in sales, year-over-year. Strong sales of pickups helped the Big Three post some solid gains. Transaction prices were up $617 year-over-year, with an industry average of $31,125. Table below, courtesy of Automotive News.
Reuters takes a look at GM’s attempts to turn around their decades-long slog in Indonesia, with this gem highlighting the nature of their struggle.
“We started in Indonesia in 1938. We have been so successful, we have seven-tenths of a point of market share in 75 years. Are you (kidding) me?” Tim Lee, head of GM’s international operations, said in an interview. “That is not constancy of purpose.”
When it comes to fuel cell technology, everyone seems desperate to hop into bed with everyone else. The past 12 months has been a whole number of alliances; the start of 2013 saw an announcement between Toyota and BMW to partner on hydrogen technology, while Daimler, Ford and Nissan also banded together on their own fuel cell project. Now we can add Honda and GM to that list.
This year’s sales race in the mid-size segment is one of the most competitive in recent memory. 5 of the top 10 best-selling cars in America are mid-sizers, and automakers are pulling out all the stops in an effort to unseat the Toyota Camry from its standing as America’s best-selling car. But Toyota isn’t going down without a fight.
A bit of bittersweet news for the GM crowd: the General is hard at work on a new platform for large RWD cars, dubbed “Omega”, and a Cadillac variant of that car is well underway. But a potential flagship sedan, ala the Ciel concept car, won’t make it.
In the face of potential CO2 regulations that would mandate tough emissions regulations for new cars in the Eurozone, Germany is doing its best to shut them down completely. And the rest of the EU, along with some OEMs, are not happy about it.
Nissan’s move to localize production of their cars and trucks is moving full steam ahead. The next generation Rogue, built on the new modular CMF architecture, will be manufactured at Nissan’s plant in Smyrna, Tennessee.
Mired in the same overcapacity crisis as the rest of Europe’s auto makers, the founding family of PSA is reportedly willing to give up control of the company that owns Peugeot and Citroen in exchange for a fresh infusion of capital from GM, which currently owns 7 percent of PSA.
The perpetual promise of Alfa Romeo’s return to North America has gone on for so long, it’s become the car guy equivalent of a religious belief that one day, we will be redeemed by Christ/Mashiach/The 12th Imam. Every year, we hear that Alfa is coming, only for it to be pushed back again and again. Now I’m wondering, why bother?
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