Category: Luxury

By on October 19, 2015

2016 BMW 7 Series

Because a lot of Uber riders are 7-Series buyers (maybe), BMW said Monday that it would make available its newest sedan for selected rides in Los Angeles, New York, Miami and Chicago before the sedan goes on sale to the public.

The drives will be offered by BMW product specialists, according to the company. Riders can request 7 Series cars by entering a promotional code for their respective city; i.e. for New York, riders need to enter “7seriesnyc” into the Uber app.

(Do the Uber riders still have to pay the fare? Update: According to a BMW spokeswoman, they do not.)

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By on October 13, 2015

2013-volvo-v40. Photo courtesy Volvo

Automotive News Europe reported that Volvo will offer a new compact crossover, based on a new architecture, in 2018 that will likely be called the XC40.

The crossover will be built in Ghent, Belgium and possibly in China, using the same platform being developed for compact cars in Europe.

The crossover will get Volvo power plants that include a hybrid variant. It would also likely get some sort of semi-autonomous driving feature as the Swedish automaker further develops its technology.

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By on October 13, 2015

Tesla Model S In Hero Blue

Tesla will begin rolling out its firmware update Thursday to enable some Model S and Model X cars to partially drive themselves, the company’s CEO announced on Twitter.

Tesla’s AutoPilot feature will reportedly steer the car during some highway driving and help parallel park the car. A valet feature that would park and retrieve the car without a driver will reportedly come later. It’s unclear how autonomous the cars will be after Thursday, so we’ll save up the $75,000 and let you know as soon as we can.

Model S cars built after September 2014 will reportedly be eligible for the driver-less updates. Cars without the needed sensors and cameras receive a UI update, according to CEO Elon Musk.

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By on October 12, 2015

Mercedes-AMG GT (C 190) 2014

Mercedes-Benz will open performance centers at specific dealerships across the U.S. to expand the AMG brand from enthusiast sub-brand to mainstream performance line, Automotive News is reporting.

Dealers may have to pay up to $200,000 for extra showroom space and training, the report said. The automaker expanded its AMG brand this year with the Mercedes-Benz C450 AMG and GLE450 AMG, which are performance variants of those cars but stop short of the full-performance models.

The move is similar to how other luxury automakers watering down expanding their performance lines, such as Audi’s S-line and BMW’s M-division.

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By on October 12, 2015

Apple iOS in a Car + Ferrari LaFerrari

Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say the interest in the stock, which will trade under the symbol RACE, is roughly 10 times higher than available shares.

The IPO is part of FCA’s long-term strategy to raise cash for investment in its own vehicles in Jeep, Dodge, Fiat, Chrysler and Maserati brands. According to paperwork filed ahead of the IPO, 10 percent of the company will remain with Ferrari scion Piero, 80 percent will be distributed among Fiat family ownership.

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By on October 9, 2015

 

The supercar maker may be valued at more than $12.4 billion ahead of its initial public offering, which could happen as early as Friday, Bloomberg (via Automotive News) reported.

Ferrari may price its shares Friday night when it offers 10 percent of the Maranello-based automaker to the public. The remaining ownership of the carmaker will remain largely with the same ownership group, comprised mostly of the Agnelli family and Piero Lardi Ferrari.

Fiat Chrysler Automobiles CEO Sergio Marchionne said in July that Ferrari would be worth roughly $11 billion, which analysts balked at being a little ambitious. Since then, Ferrari’s value may have climbed as Marchionne told investors that Ferrari wasn’t necessarily an automaker, but rather a luxury brand that could be more profitable than a traditional carmaker.

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By on October 2, 2015

2016_Lexus_RC_200t_001_F_SPORT_53E4047B4B66581F7980F63D0F8BE231A8C1E307

Lexus announced Friday that its RC coupe would get the turbo four treatment for 2016, following the NX, GS, IS and RX Toyota’s eventual march toward smaller-displacement, boosted engines for many of its sedans and coupes.

According to the automaker, the 2-liter turbocharged four-cylinder engine, which produces 241 horsepower, will be available in the coupe with an eight-speed automatic with rear-wheel drive only. It will join three other engines available in the RC.

The all-wheel drive RC300 will come equipped with a 3.5-liter V-6 that makes 255 horsepower mated to a six-speed automatic, a rear-wheel drive RC350 with a 3.5-liter V-6 that makes 306 horsepower married to an eight-speed automatic, and a 468-horsepower 5-liter V-8 in the RC-F and how many engines does Toyota have on its shelves?

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By on October 2, 2015

Audi-A3-TDI-Sportback-01

Audi in Germany on Friday added information to its main website so customers can determine if their car is affected by an illegal “defeat device” included in 11 million Volkswagen Group cars.

Audi owners can identify if their cars will be part of the unprecedented recall by entering the car’s VIN into the website. Audi said it would roll out a similar service in separate, worldwide markets in coming days. Audi owners can also go to dealerships to see if their cars will require recall work.

Volkswagen created a website in the U.S. this week to answer preliminary questions for its owners, including a video message by Volkswagen of America CEO Michael Horn.  Read More >

By on October 1, 2015

FCA_Location_1_Torino_Lingotto_high

The average transaction price for a new car edged up slightly August to September from $33,563 to $33,730, researchers at Kelley Blue Book said Thursday.

Fiat Chrysler Automobiles posted the largest gain over the same month last year, as the automaker increased its average transaction price 4.1 percent to $34,809. Unsurprisingly, Volkswagen was the only major automaker to post a loss in the report, losing 1.6 percent from August to September this year, and 0.1 percent from September 2014.

Ford, General Motors and Kia/Hyundai all posted gains over 3 percent, year-over-year. Overall, the industry average for new car transaction prices rose 2 percent from September 2014 to September 2015. Toyota was the other automaker to fall below the industry average for gains. Its average transaction price increased by only 0.6 percent.

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By on September 30, 2015

 

Porsche announced Wednesday that Oliver Blume would succeed Matthias Müller as CEO of Porsche, after Müller left to save head Volkswagen last week.

Blume, who is 47 years old, has been the head of Production and Logistics for Porsche since 2013, and was head of production and planning for Volkswagen before that. Blume was responsible for planning at Seat in Barcelona from 2004 to 2009, and worked on the Audi A3 before his tenure in Spain. According to Porsche, Blume has worked under the Volkswagen umbrella for more than 20 years.

Blume’s challenges at Porsche won’t be as extensive as Müller’s, but will be substantial. As CEO of Porsche, Blume will oversee the iconic 911’s shift to turbocharged four-cylinder engines, the next generation of Panameras and whatever comes of the Mission E electric car concept.

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By on September 30, 2015

press02-model-x-front-three-quarter

Tesla finally rolled out its third model, the Model X last night to loyalists and some media (not us) Tuesday in California.

The SUV’s falcon doors and ludicrously insanely fast 0-60 mph times (3.2 seconds for a car that weighs 5,441 pounds) may get most of the headlines, but the rest of the car’s features and specifications are just as impressive. Tesla says that the batteries in its Model X — which are the same as the Model S — are good for 250 miles. The combined torque for its front and rear engines motors, which produce 259 hp and 503 hp respectively, is more than 700 pound-feet.

And the air filtration system inside may protect you from mustard gas, or something.

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By on September 28, 2015

news-2015-a3-tdi-sedan-3

Audi said that 2.1 million of its cars worldwide have been fitted with illegal software to help it cheat emissions tests, Reuters reported.

The automaker announced that multiple models including the A1, A3, A4, A5, A6, TT, Q3 and Q5 were affected by the “defeat device” uncovered by researchers, which is grinding Volkswagen to an unimaginable halt.

Roughly three-quarters of the affected Audis were sold in Western Europe, including 577,000 in Germany alone, according to the report. Read More >

By on September 24, 2015

17FordF450Platinum_3059_HR

Ford on Thursday rolled out its newest Super Duty truck — 350 pounds lighter than the outgoing model — complete with aluminum-alloy body, high-strength steel frame and new 6-speed transmission for its V-8 engine.

According to Ford, the truck’s frame is up to 24 times stiffer than the outgoing frame, and the company reportedly used high-strength, military-grade aluminum alloys — which are separate from civilian grade because they use more of it before 9 a.m. than we’ll use all day. Or something.

The Super Duty truck can be fitted with either a 6.7-liter V-8 turbocharged diesel, a 6.8-liter V-10 gasoline or 6.2-liter V-8 gasoline engine, with the latter being mated to a new TorqShift-G six-speed transmission.  Read More >

By on September 23, 2015

2017PorschePanameraSpy_(2_of_2)

Porsche’s next-generation Panamera (likely 2017) was spotted going through its paces in Colorado this week. The new car will be the first MSB platformed car for Porsche, which is expected to underpin more Stuttgart models — and perhaps the Bentley Flying Spur.

Two models were visible in Colorado, including what could have been a Panamera S with a large rear spoiler. (Pictures after the jump.)

The stopover in Colorado is usually one of the last powertrain tests a car will undergo before its final announcement.  Read More >

By on September 20, 2015

Citroen-Divine-DS-01-560x373

French automaker PSA may be preparing to bring its luxury arm Citroen DS, to the United States within the next few years, Car and Driver reported.

Citing a source within the company, a U.S. market launch would be “necessary” for the brand’s viability and a decision on whether to bring the French luxury cars would be coming within the next few years.

Any return for the French automaker would be fraught with difficulty: no dealer network, no service and their cars are decidedly less-than-American sized. The automaker currently offers a DS3 premium minicar, a DS4 premium subcompact and a DS5 family wagonRead More >

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