Category: Industry

By on September 5, 2017

2018 Honda Odyssey - Image: HondaIt’s all about product, they say.

Product, product, product.

When in doubt, add product.

New product, they say, will reinvigorate the American midsize sedan category. New product, one might have imagined, would provide an ample boost to America’s minivan segment.

Yet in August 2017, only the third month on the market for Honda’s fifth-gen 2018 Odyssey, overall minivan sales increased for just the second time in a year despite another sales decline from that very same new product, the Honda Odyssey.
Read More >

By on September 5, 2017

2017 Jeep® Cherokee Trailhawk - Image: JeepAugust 2017 represented the twelfth consecutive month in which U.S. sales at Fiat Chrysler Automobiles declined on a year-over-year basis.

FCA volume slid 11 percent in August, a loss of nearly 21,000 sales, as retail and fleet volume declined. The decreases were most keenly felt at Jeep and Chrysler, which tumbled 15 percent and 33 percent, respectively. But Dodge, Ram, and Fiat sales also reported losses compared with August 2016.

More troubling than the poor August results, however, is the predictability of August’s results. FCA’s disappointing trendline began in September 2016. Year-over-year, FCA lost 187,000 sales over the last 12 months. Read More >

By on September 5, 2017

2010 Toyota RAV4 EV Demo - Image: ToyotaMazda is planning for the internal combustion engine of 2050. Toyota is applying the Dynamic Force improvements that worked wonders on the 2018 Camry’s fuel economy ratings to V6 and V8 engines.

And electric cars?

“We’re skeptical there would be a rapid shift to pure electric vehicles, given questions over user convenience,” Toyota chairman Takeshi Uchiyamada tells CNBC.

There is a Toyota electric car in your future, Uchiyamada believes. But more likely than not, it’s not in your near future. Read More >

By on September 2, 2017

2017 Jeep® Wrangler Unlimited Sahara - Image: Jeep

He came to watch a race, but Fiat Chrysler Automobiles CEO Sergio Marchionne took some time out from a busy Saturday at the Italian Formula One Grand Prix to squash some rumors.

You know the ones. Reports emerged last month that Chinese automakers were hanging around FCA’s door, just waiting for a chance to sweep the company off its feet. An unnamed company pitched a buyout offer, the story goes. Not high enough, FCA allegedly responded. Another company, Great Wall Motors, isn’t interested in FCA, just its lucrative and growth-poised Jeep division.

Is a Chinese-Italian-American automaker in the works? Will the buck one day stop in Beijing or Shanghai, instead of at the desks of Auburn Hills executives? Hardly, says Marchionne. No one wants to dance with FCA. Read More >

By on September 1, 2017

2017 Cadillac XT5 - Image: CadillacA predicted auto sales improvement in August, expected to be the first year-over-year increase in 2017, gave way to decreases for many automakers as Hurricane Harvey’s drastic effects shut down demand in one of the nation’s largest auto markets for the final quarter of the month.

According to Edmunds, Ford, Ram, GMC, Cadillac, and Mitsubishi all claim Texas as their largest market. The period surrounding Labor Day produced 4 percent of America’s new vehicle sales in 2016, but that figure will undoubtedly fall because of Harvey’s devastating impact. Read More >

By on September 1, 2017

2017 Nissan Frontier King Cab - Image: NissanNoteworthy year-over-year sales declines were reported in August 2017 by the three lowest-volume members of America’s five-strong midsize pickup truck category. As a result, U.S. sales of midsize pickups tumbled 8 percent last month, driving their share of the overall pickup truck category down from 18 percent in August 2016 to 16 percent in August 2017.

The Honda Ridgeline, America’s lowest-volume pickup truck in each of the last two months, reported a 24-percent drop to 2,610 units. For the 2018 model year, Honda will make the all-wheel-drive Ridgeline distinctly less affordable. The GMC Canyon, which persistently and predictably generates far less showroom traffic than its Chevrolet Colorado twin, tumbled by a fifth to 2,698 sales. And the Nissan Frontier, which last year reported its best calendar year results in 15 years, continued its 2017 tumble with a 51-percent plunge to only 4,637 units, its lowest-volume month since January.

But those are low-volume midsize trucks, scarcely relevant in the overall pickup truck scheme. Total pickup truck volume rose 4 percent in August because full-size trucks jumped 6 percent, thanks mainly to the best-selling vehicle line in America: Ford’s F-Series. Read More >

By on September 1, 2017

2018 Volkswagen Atlas - Image: VolkswagenIn 2009, during the depths of a global financial crisis the likes of which generations had never seen, Volkswagen of America set forth on a nine-year plan that would more than triple sales to 800,000 units in 2018.

Stuff happened. A crisis (or two) got in the way. An overly Americanized product lineup lacking in utility vehicles underachieved. Volkswagen lost its right to sell diesel models in America. Volkswagen will struggle to sell 400,000 new vehicles in the United States in 2018.

Although at first it seemed possible — Volkswagen sales grew far faster than the market as a whole exiting the recession — the 800,000-unit sales goal has long since been abandoned. By 2014, before the diesel emissions scandal even broke, now-departed Volkswagen of America CEO Michael Horn was questioning the timing of the 800,000-sales goal.

As the summer of 2017 approaches a close, however, Volkswagen’s global boss Herbert Diess has a new, seemingly unrealistic goal for the brand’s U.S. operations, Bloomberg reports. With a stronger SUV lineup, Volkswagen wants to grow its U.S. market share to 5 percent in 2020.

Volkswagen’s market share in 2017? Less than 2 percent. Read More >

By on September 1, 2017

2018 Toyota Camry SE and 2016 Toyota Camry SE - Images: ToyotaThe 2018 Toyota Camry is the first truly, completely, all-new Toyota Camry since 2002. Built on Toyota’s New Global Architecture, it’s stiffer, safer, and by all accounts, substantially better to drive than the 2017.

Fuel efficiency took a leap forward. Horsepower did, too. The feature count, including the safety department, was elevated. The 2018 Toyota Camry even has a sense of style, whether you like its sense or prefer less offensive past examples.

With an all-new architecture for an in-demand car — yes, even as sedans slow, the Camry is still the 15-time best-selling car in America — comes a lack of willingness on the part of Toyota to deal. That’s made all the more true by the current cost of importing Camrys. While production will eventually be in full swing at the Camry’s Georgetown, Kentucky, assembly plant, early copies of the 2018 Camry hail from Japan.

Rare will be the buyer who heads into a U.S. Toyota store this Labor Day weekend with a strong preference for the old Camry, still available in abundance on dealer lots. Even with concerns (albeit modest concerns; this is a Camry) regarding first-model-year reliability, the MY2018 Camry is the bright and shiny object.

The 2018 Toyota Camry is better than the 2017 Toyota Camry: objectively, subjectively, on paper, on the road. But is it 41-percent better? Read More >

By on August 31, 2017

Stephan Winkelmann Audi RS5 - Image: AudiAccording to a report in Autocar, the rise through Volkswagen Group ranks accomplished by Audi Sport CEO Stephan Winkelmann will continue in 2018.

Formerly a Fiat employee, the 52-year-old Winkelmann became famous in the auto industry during his decade-long run as president and CEO of Lamborghini. Winkelmann then took over at Audi’s Quattro performance division in March 2016 before changing its name to Audi Sport. But the Rome native’s tenure at Audi Sport will reportedly be cut short by Volkswagen Group’s need to fill the lead position at its flagship brand, Bugatti.

If Autocar’s sources are right, look for Winkelmann to take over at Bentley in 2019, as well. Makes you wonder: Winkelmann has climbed from Fiat to Lamborghini to Audi Sport to Bugatti and Bentley. What’s next? Read More >

By on August 31, 2017

2016 Volkswagen Golf R - Image: VW

Unlike Mercedes-AMG, Volkswagen’s R performance division isn’t much of a sub-brand. While the VW Golf R remains the industry’s quintessential hot hatch, there’s no shortage of rivals ready and willing to usurp its position as a segment leader. Also, one model does not a sub-brand make.

Down the road from VW’s Wolfsburg, Germany, headquarters, the executives in Stuttgart can’t AMG-ify Mercedes-Benz products fast enough. SUVs, “coupe” variants of SUVs, sedans, and legit coupes are all going under the knife, emerging with taut suspension, improved driving dynamics, and an all-important shot of horsepower — traditionally in “strong” and “extra strong” doses. Not only does it improve an automaker’s image, it also helps sell high-profit utility vehicles.

Volkswagen requires some of Mercedes-AMG’s medicine. Now, according to a recent report, it may have the cure it’s looking for. Read More >

By on August 31, 2017

2017 Honda NSX Red - Image: HondaIt’s early days for the second-generation Acura NSX, known in most global markets as the Honda NSX. After a decade-long hiatus, the Ohio-built NSX only returned in the summer of 2016.

Yet 577 copies of the NSX have been sold in America during the supercar’s first 14 months. In the much smaller and less supercar-friendly Canadian market, 82 copies of the Acura NSX have been sold since July 2016, including 29 in the last two months.

And in Australia? Down Under, sales of the Acura Honda NSX have been less, shall we say, numerous. So far, Honda Australia has reported… carry the one, find the inverse sine, if c is equal to a+b… a grand total of two NSX sales.

Two. Dos. Zwei. Ni. 

The reasons are obvious. Read More >

By on August 31, 2017

2016 Ford F-150 Limited - Image: FordThe Toyota Camry, America’s best-selling passenger car in 2016 for a 15th consecutive year, was not the best-selling overall vehicle in any one state last year.

According to registration figures tabulated by Kelley Blue Book and highlighted by USA Today, the Honda Accord, Honda Civic, and Toyota Corolla were the only cars to claim any state-wide auto sales victories.

In 15 other states, utility vehicles of one variety or another (Ford Escape, Honda CR-V, Subaru Outback, and Toyota RAV4) were tops in overall vehicle sales. Hawaii’s sales crown stayed in the hands of the Toyota Tacoma. GM’s full-size truck twins ruled the roost in eight states, largely east of the Mississippi.

That leaves the Ford F-Series’ F-150 variant, the top-selling vehicle in America, to take top honors in 22 states, including its biggest market of Texas. Read More >

By on August 30, 2017

2015 Aston Martin DBX Concept - Image: Aston MartinYour dreams of an upmarket, V12-powered, British version of the 1996 GMC Yukon GT can be put to bed. The production version of 2015’s Aston Martin DBX Concept will not maintain the concept’s bodystyle.

Production vehicles periodically trace very little back to the concept vehicles that were originally intended to act as previews. Indeed, the defining element of the DBX shown in Geneva in March 2015 is gone. “There are aspects of the car that have changed dramatically,” Aston Martin CEO Andy Palmer says, “perhaps none more so than the fact that it is now a four-door.”

Although the coupe format has been cast aside, Aston Martin’s boss believes the company will not have to trade beauty in exchange for true 4×4-ness. “If Aston Martin wants to survive, it must do a SUV,” Palmer says. And in this era, there are aspects of perceived SUV-ness that simply aren’t compatible with a two-door format. Read More >

By on August 30, 2017

2017 Ford Fiesta Vignale - Image: FordRemember Antonella?

Antonella was a 28-year-old Italian, living in the heart of Rome in the latter part of the last decade, who needed a nimble and stylish Ford.

Antonella has changed. Antonella has more money. She no longer lives with her parents. She has, say it politely, aged, though she’s “still very expressive,” Ford of Europe’s design boss George Saridakis tells Automotive News Europe. Since Antonella changed, the Ford Fiesta for which she was created (or vice versa) has also changed. Ford of Europe now hopes 10 percent of Europe’s Antonellas will choose the upmarket Fiesta Vignale.

What about Antonella’s cousin, Amy in Cleveland? Ford probably hopes she’ll buy a 2018 EcoSport. But if we’re going to be honest about Amy (a TTAC creation), we all know Ford’s inadvertently pulling her into the leftover 2017 Escape she’s been eyeing, the one with a $2,500 discount and interest-free financing over 84 months. Read More >

By on August 30, 2017

2018 Nissan Armada - Image: NissanThe 2018 Nissan Armada will be priced at $46,795, including destination, when it goes on sale Friday, September 1st; a $700 increase compared with 2016.

While that price increase would have been enough for the Nissan Armada to maintain its position as America’s least costly body-on-frame, full-size SUV, the sudden appearance of the 2018 Chevrolet Tahoe Custom has altered the playing field.

Competitors, not just Nissan but Toyota and Ford as well, didn’t need to give the class-leading Chevrolet even more capacity to dominate the category. But now the best seller is also the bargain of the bunch, and by a noticeable margin. Read More >

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