For some people (you know who you are), the 200 horsepower provided by the 2011 Hyundai Sonata’s 2.4-liter four-cylinder base engine just isn’t enough. The traditional solution: a V6. But Hyundai, taking a page from Chrysler’s Iacocca-era playbook, has opted to offer a turbocharged 2.0-liter four instead. The specs look good: 274 horsepower at 6,000 rpm and 269 pound-feet of torque from 1,750 rpm. The pricing? Even better. The Hyundai Sonata SE 2.0T lists for $24,865, only $1,550 more than the regular Sonata SE. Are these the cheapest horses new car money can buy in a midsize sedan?

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As with most EVs, we knew about the CODA EV for a long time before a price was ever trotted out (the car was first mooted as the Miles XS500, and was scheduled for a 2009 launch before reality struck). And even before we knew the price, we reckoned that a Chinese-built sedan with Chinese battery cells thrown into it in Southern California would face its fair share of challenges. Now that the CODA EV has been priced at $44,900 (full specs here), we’re certain of it. Of course, Federal tax breaks bring the CODA down to $37,400, and a further California incentive could bring it as low as $32,400, or about $400 less than a Nissan Leaf… before tax breaks. Why would anyone pay $12,000 more for a Chinese fly-by-night when they could have a Nissan? CODA CEO Kevin Czinger tells Automotive News [sub] that

Price is not a decisive factor in the sale of electric cars. I think the 40 percent additional range, and 40 percent additional battery energy with all-season thermal management, is the decisive factor

GM is announcing the arrival of the first “driveable Volt” in China, in a move that GM’s China boss Kevin Wale calls a sign of The General’s “long-term commitment to bringing our industry-leading technology to China.” And despite a distinct lack of Chinese demand for green vehicles, a recent survey that shows as much as 75 percent of Shanghai’s drivers plan to purchase an EV in the next three years (not to mention government plans for increased EV subsidies) is giving GM hope that its plug-in will take off there. But in order to achieve Chinese-market success with the Volt, GM will likely have to offer the vehicle at a price point well below its US-market MSRP of $41,000.
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This, ladies and gentlemen, is a moment we’ve been waiting for for some time… which might explain why the news isn’t particularly earth-shattering [press release here]. Yes, believe it or not, the Volt will cost $41,000 base including destination charge, just as every bit of speculation has indicated since the Volt was first announced. Perhaps more surprising is GM’s announcement of lease deals starting at $350/month for 36 months with $2,500 down. But just as GM has found with its CTS,  moving high-cost American-branded metal in any kind of volume tends to require heavy dependence on leases. Plus, the fact that the big question mark surrounding EVs in general continues to be long-term battery life makes leasing the obvious option for those who are tempted by the Volt, but don’t want own a lot of expensive, unproven technology. On the other hand, the Feds don’t subsidize EV leases, and with a Federal tax credit, the Volt’s price drops to a mere $33,500… which is less than a thousand dollars more than the Nissan Leaf’s base price (without tax credit, $25,280 with).  Obviously the Volt has certain advantages due to its EREV design, but with the economy still shaky, the Volt’s hefty price premium will work against it, especially as volume builds. Seeing how these two very different EVs do relative to one another will make for some interesting lessons about the future of the electric car.

The automotive world largely yawned when Ford announced the 2011 Lincoln MKZ hybrid. After all, Ford already offered the Fusion and Mercury Milan in hybrid flavor, and the standard MKZ is hardly setting the world on fire with only 11,214 models sold in the first half of 2010. In search of a bigger publicity bump for its luxury hybrid, Ford has pulled a fun little gimmick out of its bag of tricks: the 2011 MKZ will offer a hybrid drivetrain for no price premium over the standard V6 version [press release here]. According to the AP [via Yahoo], this is the first time a manufacturer has offered hybrid and non-hybrid versions of the same car for the same price. And really, the move comes as no huge surprise. With Mercury on its way out, Ford doesn’t have to worry about the$35,180 MKZ Hybrid encroaching on the $32k Milan Hybrid, and if it had charged a hybrid premium, the MKZ hybrid could have cost closer to $40k where it would have faced tougher competition from better-established luxury brands. Besides, Lincoln needs to build some momentum somehow… but is value a good place to start rebuilding a worn-down luxury brand?

With Ford and Honda running away with the compact crossover segment, a tight pack of competitors is gathering around the 100k annual unit mark (graph after the jump). Hyundai has already thrown its redesigned Sorento into this fearsome battle with promising results so far (20k units YTD), but Kia’s Sportage has been battling in this segment since before it was cool. Literally. As far as we can tell, it’s the oldest continuously-sold compact CUV nameplate in the US market… which makes you wonder what a continuously-evolved Chevy Tracker might have become. Anyway, after years of Tracker-like neglect, Sportage is coming back with a fresh set of Peter Schreyer-tailored duds. Not to mention a direct-injection, turbocharged engine option (“270-plus horsepower” according to the press release), Bluetooth, and the UVO hands-free system (think SYNC). As you can imagine, the price has gone up some…

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You can test drive a CR-Z for yourself starting on August 24, and goodness knows we’ll be lining up for a crack at it. Early reviews from Europe confirm the impression left by the stat sheet: the CR-Z is neither the re-birth of the CRX, nor the re-birth of the Mk1 Insight. And starting at $19,200, it’s not exactly cheap either [press release here]. Yes, it offers AM/FM/CD/USB audio system with six speakers, automatic climate control, power windows and door locks, remote entry, and cruise control at that base price, and quite a bit more in the $20,760 CR-Z EX, but is there a market in the US for a hybrid that’s smaller than a Prius but less efficient? And didn’t the Mk2 Insight already answer that question? We’ll wait to put the CR-Z through its paces before we pass (further) judgment, but this has the look of a Fiero-style “commuter car” rather than a legitimate sports coupe.

It’s all speculation until we get official pricing from VW of North America, but according to Autoblog, the new Jetta will be priced starting “around $16,000” when it shows up stateside this October. With Chevy’s Cruze starting at $16,995, we face an interesting prospect: VW’s entry sedan might well be cheaper than Chevrolet’s. Of course the base Jetta will continue to be saddled with its predecessor’s agricultural 2.5 liter, but the Cruze’s base 1.8 hasn’t exactly earned many accolades either. Of course the base Cruze comes with a goodly amount of equipment, but it’s got an uphill fight on its hands if the more desirably-branded Jetta pips it on pure price point.

GM has announced pricing on its next small thing, the Cobalt-replacing Cruze compact, and the new price of entry is $16,995. That’s about a $2,000 premium over the base Cobalt (which starts at $14,990), a price hike that is justified by Chevy’s high expectations for the Cruze. As Chevy’s Jim Campbell puts it

For the price of a compact car, Cruze offers the styling, safety features, roominess, amenities, and refinement of a much more expensive car.

Base prices for the Cruze’s main competitors are $16,200 for a Corolla, $16,415 for a Civic, $16,095 for a Mazda3, $16,170 for a Sentra, $17,040 for a Focus, $178,485 for a Jetta, $14,865 for an Elantra, and $14,390 for a Forte (including typical destination fees).

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In recent years Sweden’s car makers have staked out an uneasy position above the mainstream brands but below the premium European marques. With profits elusive, both were recently sold by their American owners. And both are about to introduce new sedans that they badly need to sell well. How does the pricing of the new 2011 Volvo S60 and 2010 Saab 9-5 compare? Has either been priced aggressively to pump up sales?

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The only “real car” on Forbes’ most overpriced list is the Chrysler 300. Really. Despite being based on the compact Cobalt, Chevy breaks sales of its HHR out as a “truck,” in search of improved CAFE performance. And despite an MSRP of under $20k, the PT Cruiser-inspired wagon was still one of Forbes’ most overpriced vehicles of 2010. The rest of the list’s 11 models are unquestionably trucks, or truck-based utes, and save for Nissan’s Titan and Armada, they’re also all from Detroit automakers as well. If you’re looking for more reasons to build a cheap, utilitarian compact pickup truck (ahem, General Motors) this list has got ’em. Hit the jump for Forbes’ list of most overpriced vehicles, and the magazine’s formula for deciding who makes the cut for this dubious distinction.

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We’ve already laid into Saab’s new 9-5 for launching with with only the 300hp, AWD “Aero” trim level, for which the former GM division wants a base price of about $50k. That asking price just became a little more ridiculous as Volvo has announced base pricing for its new S60 sedan at $37,700. And guess what? That’s for the 300 hp, AWD “T6” version as well, which is also the only trim level available at launch. Volvo 1, Saab 0. UPDATE: OK, OK, we admit that Volvo’s “win” here is minimal. A lower base price does potentially bring in more buyers, but on an apples-to-apples basis, the two Swedes are pretty much a wash, price-wise. Which still leaves plenty of room for debate… and inevitable references in each others reviews. Besides, both models will offer cheaper versions over time. Does this make us think Saab’s $50k fan tax is any less ridiculous? Not a bit. But then, only time and test drives will truly tell if Saab’s gamble has paid off.

US-market details about the long-awaited 2010 Saab 9-5 are starting to emerge, and they’re painting a bit of a frightening picture for the struggling entry-luxe brand. In order to capitalize on the desperation of Saab fans who nearly saw their beloved brand give up the ghost several times in the last year, Saab is releasing the 2010 9-5 in Aero spec only until the 2011 model year begins. Did we mention that, including destination charges, the 300 hp AWD flagship model will get you only ten bucks change for your $50k check?

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If there’s anything “wrong” with the Ferrari 599 GTO, it’s that they’re only building 599 of them. Which in turn guarantees that it will end up being more of a “my oil well’s proven reserves are bigger than yours” trophy than the road warrior it’s allegedly supposed to be. Otherwise it’s just 670 HP of 208 MPH, heritage-named goodness. A regular 599 starts at around $335,000 new, provided you’ve already bought a used Fezza and given Luca DiMontezemolo a sensual massage within the last six months… any guesses what the GTO’s premium will run? It’s looking like it could hit $100k, which is mighty healthy for a .35 second improvement in 0-60 time.

Well, our questions have been answered, and the first US-market pure electric vehicle, the Nissan Leaf, will be sold well under its Japanese-market price of $38k-$44k, coming in at $32,780. After a $7,500 federal tax break that brings the price to $25,280, and a California and Georgia tax break of another $5,000 will bring it within spitting distance of $20k (a $1,500 credit is available in Oregon). Full Nissan release after the jump.

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