Here’s hoping your weekend motoring has been a little bit safer than surfboard designer Roberto Ricci’s…
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Category: Luxury
The German business paper Handelsblatt reports that Mercedes-Benz USA CEO Ernst Lieb, a 36-year Daimler veteran, has been fired for “serious and repeated” violations of the company’s internal finance compliance rules. Per the Dow Jones [via FoxBusiness] translation,
Lieb is said to have remodeled his house in New York at the expense of Daimler and settled personal golf club contributions through the company, the executive is reported as saying.
Lieb has also been accused of providing favors at the company’s expense, such as renting cars in exchange for flight upgrades
The Chinese car market may be a bit tepid these days. It’s slow, because fewer small commercial vehicles are being sold, and because sales of small passenger cars, especially homegrown ones, are not growing as much as they used to. One segment appears to be utterly oblivious to the slowdown in China: Premium cars. Bitter rivals BMW and Audi are selling more cars in China than ever. Read More >
Though we haven’t even seen a production version yet, Cadillac’s forthcoming XTS has already lived a full, controversy-laden life. Initially suggested as a replacement for the DTS/STS, the Cadillac faithful quickly recoiled at the idea of a luxury “flagship” based on a stretched version of the Epsilon II midsized platform that underpins the Buick LaCrosse and Chevrolet Malibu. But with the Cadillac Ciel Concept showing the way forward for a “true” Caddy flagship which will eventually become the brand’s standard-bearer, the XTS’s role has been somewhat redefined. Expectations for the XTS were walked back by GM CEO Dan Akerson, who famously said that it was
not going to blow the doors off, but will be very competitive
And this week the enigma that is the XTS only deepened, as Cadillac announced two bits of seemingly contradictory information about it: first, that it would spearhead a new high-tech interface (see video above) and second, that it would mark GM’s return to the livery car business.
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Ever since Mercedes lured its competitors into the “four door coupe” segment created by its 2004 CLS, we’ve been waiting for the next fad segment to mangle the definition of the word “coupe” beyond recognition. And here it is: a forthcoming “five-door coupe” that is essentially a wagon version of the CLS. This near-production mule looks remarkably like the concept version, in other words, fantastic. On the other hand, the idea of buying a more-practical version of a less-practical version of an E-Class still doesn’t compute… but then you can’t underestimate the power of fads in the luxury car game. Stand by for competing models from Audi and BMW, not to mention the inevitable six, seven, and eight-door coupes. [via AM unds S]
When Aston-Martin was first trying to explain there’s nothing undignified about rebadging a Toyota iQ, the firm’s argument was that the Cygnet would be like a “luxury yacht tender.” If you own a yacht (or a “real Aston”), went the company’s logic, nobody’s going to make fun of you for being seen in a dinghy. Or a Toyota. But it seems as though Aston’s argument has been taken a bit too literally. Here, a Top Gear Magazine feature tries towing a Cygnet in a Virage, effectively ruining the “real Aston’s” performance in exchange for more urban practicality when they arrive in Monaco (but at least they got a schadenfreude-laden picture of the Cygnet next to its Toyota cousin). And lest you think this “yacht tender” nonsense is only being done by barmy British magazines, think again. Now Aston just needs to build an actual yacht, so your DBS or Virage can be the yacht tender, and the Cygnet can be the yacht tender’s yacht tender. Now that would be luxury… [via Derek Kreindler’s Tumblr]
Yes, the Model S can fit eight… just not legally. Meanwhile, those are some pretty small kids in the old-school, rear-facing jumpseats (they’re only approved for passengers under five feet tall). But hey, it’s Elon Musk’s party, and he’s free to say whatever he likes until the car is actually on sale.
Speaking of which, it seems that the multiple versions of the Model S will not only be differentiated by range (with 160,230 or 300 miles of range) but Autocar reports there will be a performance version of the 300-mile car as well, which will hit 60 MPH in 4.6 seconds instead of the standard 5.5 seconds. The 160-mile version is reported to cost around $50k, the 230-mile version about $60k, the standard 300-mile version around $70k and the performance version will hit $80k. For a taste of the Model S’s performance, hit the jump for a brief, chauffeured test ride video.
It probably won’t help Herr Dr Martin Winterkorn’s indigestion any, but Automotive News [sub] reports that Hyundai Motor Group (the technical umbrella firm that supplies technology to both Hyundai and Kia) is developing a new 10-speed automatic transmission, which
will be for luxury models starting in 2014, possibly including the Hyundai Genesis and Equus luxury sedans.
Hyundai debuted an eight-speed autobox over a year ago, matching the industry standard for luxury cars. But with ZF announcing a new nine-speed box, Hyundai is taking things a step further… or is it a cog too far?
Read More >
Now that Lincoln’s got a new chief designer and a standalone design studio, what can we expect from the new look of Lincoln? Automotive News [sub] reports
Love it or hate it, Lincoln’s waterfall grille is on the way out, according to sources familiar with plans for the updated MKS sedan and MKT crossover coming next spring.
One source said the MKS and MKT grille will be “completely different” from the current grille, which has been controversial. He said the new grille is “not as pronounced” as the waterfall and “more elegant.”
So, other than the death of the “waterfall” (aka “baleen,” aka “the Hannibal Lecter”) grille, what can we expect from the updated MKT and MKS? Not much in terms of interior or exterior design, it seems. Instead, Lincoln will focus on steering, braking and suspension systems to differentiate its products from Fords. I know, maybe they can use the tagline “Drive One”…
Under Penske management, the Smart minicar brand sold fewer than 6,000 vehicles last year, capping a sales decline that led Mercedes to take back management duties for the brand. And, according to the new folks in charge of Smart, there’s only one real problem with the brand: awareness. Or, more precisely, lack thereof. We’ve heard this song before from Smart’s new GM, but now Ernst Lieb, boss of Mercedes U.S.A., is picking up the tune, telling Automotive News [sub] that
With the marketing activities that we’re going to have, we’ll see some positive momentum. The biggest problem the car has right now: Nobody knows it.
Which, of course, is nonsense. Nonsense that allows you to appear aware of the sales problem without acknowledging a single problem with the product itself, but nonsense none the less. And Smart’s not the only micro-car brand that’s reaching for it either, as Fiat-Chrysler marketing boss Olivier Francois has the exact same excuse for Fiat’s weak start, telling AdAge
I don’t think we have a car problem; people love the car. I think we have an awareness problem.
Are Americans incapable of seeing, recognizing or being aware of anything that weighs less than 3,000 lbs? Or is it possible that there are a few things wrong with the Smart and 500?
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When word first began circulating that BMW was considering an X4, I wondered
is BMW trying to prove a kind of automotive Zeno’s paradox, in which niches can be infinitely subdivided?
It was a rhetorical question, of course, and the answer was “pretty much, yeah.” This official BMW sketch preview of the X4, which has been approved for production, shows a three-door version, but according to Autocar,
The car is also depicted in a pair of official BMW sketches. Although they reveal a three-door model badged X3, they hint strongly at the X4’s design, mainly its roofline and front-end styling; BMW sources insist that too much shouldn’t be read into the fact it has three doors.
But if MINI and Range Rover already have three-door “sport activity coupes,” isn’t it just a matter of time before Audi or Mercedes jump on the trend, forcing BMW’s hand? The only problem: there’s only one number between X3 and X5. Which means we will probably end up with an X4 xDrive28i (say) and an X4 xDrive28i Coupe. You know, the coupe version of the coupe version of the X3. Or maybe they’ll just move on to the inevitable X2 coupe version of the X1 and leave the task of trying to tear logical holes in space-time to the crazies manning the supercolliders.
As the Saab/Spyker/Swedish Automobile mess falls deeper into chaos and hopelessness, Saab’s erstwhile knight-in-shining-armour, Vladimir Antonov has been slowly backing away from the ugly scene. Indeed, his firm CPP Holdings was supposed to buy Swedish Automobile’s Spyker Supercar division, but that deal has been on hold while Swedish Automobile concentrates on keeping Saab alive. And though the Birmingham Post reports that CPP still plans on buying Spyker eventually, it’s clear that having washed his hands of the Saab situation, Antonov is looking elsewhere in order to secure a Victor Muller-free future. But could Britain really offer a loaded young Russian an appealing sportscar brand to sink his hard-earned (or not, whatever) cash into? Anyone know what TVR is up to? Actually, it seems Antonov has gone one better than TVR, and has secured the right to make an “all-new” Jensen Interceptor from the ex-Jaguar plant at Browns Lane, Coventry. Does it get any more wealthy-Russian-trying-to-make-his-mark-on-the-British-sportscar-scene than that? According to Autocar, the new Interceptor will feature aluminum chassis and bodywork, with an attendant “ultra-exclusive” pricetag, and will be shown sometime next year ahead of a 2014 rollout. Because, oligarch.
Derek Kreindler’s provocative defense of the Maserati Kubang sparked off an interesting discussion among TTAC’s Best and Brightest yesterday, about the the macroeconomic outlook for luxury brands. Sure, the American economy is struggling to stay out of a double-dip recession, credit is no longer as available as it was in the pre-Lehman days, and some argue that worse is still to come… but for the moment, the high end of the luxury market couldn’t be doing better. Rolls-Royce CEO Torsten Mueller-Oetvoes tells Reuters [via AN [sub]] that his brand will set a new sales record this year, and that the outlook for 2012 is good, saying
I have not seen any reluctance to consider buying a Rolls-Royce. I do not feel that sentiment is deteriorating in the luxury market. We are dealing with people who are unusually wealthy and never really have to ask themselves, can I still afford this or not?
And it’s one thing to just talk, but Rolls is also putting its money where its mouth is, initiating a $16m expansion to its Goodwood plant. And it’s not the only luxury brand that seems to be confused about this “recession” that the peasants keep going on about…
Paul Fussell’s brilliant book Class describes a BMW as a car for an upper-middle class professional, while a Mercedes-Benz is too ostentatious. The true upper-class vehicle is a beige Dodge or Ford, generally filthy and driven at 10 mph under the speed limit.
Fussell’s book was first published in 1983, and I’ll give one of my favorite authors the benefit of the doubt – not even such an astute and visionary social critic could anticipate the massive explosion of (credit fueled) affluence that has swept our society. Today, a Mercedes-Benz can be leased for the same cost as a Honda Accord, a BMW is what you buy for your daughter, and a Dodge isn’t even fit for your maid to drive. Which brings us to the Maserati Kubang.
I once had a Phaeton with a W12 engine – that was fun! Thank God I didn’t have to pay for it. Think of a W12 engine like two VR6 engines engaged in a hot mating ritual. In a Kamasutra-busting position, the two imaginary VR6 engines are mated together at an angle that looks like a W. V – W, get it? Read More >
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