Wednesday, 13 August 2014

Car Prices Outgrow Incomes, Hyundai Fine, Range Rover SVR ...

<b>Car Prices</b> Outgrow Incomes, Hyundai Fine, Range Rover SVR <b>...</b>


<b>Car Prices</b> Outgrow Incomes, Hyundai Fine, Range Rover SVR <b>...</b>

Posted: 11 Aug 2014 07:30 AM PDT

2012 Hyundai Genesis

2012 Hyundai Genesis

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From The Car Connection: Hyundai Slapped With $17.35 Million Fine For Delayed Recall Of The 2009-2012 Genesis

Last fall, South Korean automaker Hyundai recalled Genesis vehicles from the 2009-2012 model years. Unfortunately for Hyundai, the recall was long overdue, and now the company has been hit with a $17.35 million fine from the National Highway Traffic Safety Administration.

Car Prices Are Growing Faster Than Our Salaries, But We've Got New Ways Of Nabbing Bargains

If you're a new car shopper, we have good news and bad news. How's about we start with the bad news first?

Toyota Replacing Brake Components On 2007-2011 Camry Hybrid

Toyota has launched a customer-satisfaction service campaign on certain 2007-2011 Toyota Camry hybrid vehicles that could, without warning, lose power assist for their brakes.

2015 Land Rover Range Rover Sport SVR

2015 Land Rover Range Rover Sport SVR

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From Motor Authority: 2015 Land Rover Range Rover Sport SVR Revealed: Video

Land Rover's high-performance Range Rover Sport has finally landed. The vehicle is the 2015 Range Rover Sport SVR, and it's the first volume production model from Jaguar Land Rover's new Special Vehicles Operations unit.

2015 Chevrolet SS Preview

Chevrolet's SS muscle sedan is heading into the 2015 model year with some worthwhile updates, the majority of them designed to bolster the car's performance. While it's been little secret that the 2015 Chevy SS will be available with a six-speed manual transmission and magnetic dampers, it's been revealed that the car will also feature Brembo brakes at the rear.

NASCAR's Tony Stewart Hits And Kills Kevin Ward Jr. During Sprint Car Race: Video

NASCAR star Tony Stewart was involved in a tragic accident that led to the death of up-and-coming driver Kevin Ward Jr. Saturday night during a sprint car race at Canandaigua Motorsports Park in upstate New York. Stewart, a three-time Sprint Cup champion, and a regular in the rowdy dirt events, drove into Ward who had climbed out of his car and onto the track after an accident on a prior lap, killing him.

2014 Tesla Model S in China

2014 Tesla Model S in China

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From Green Car Reports: More 'Tesla Truth' Reveals Depths Of Derangement Over Electric-Car Maker

Tesla Motors has existed for more than 10 years now, and it's built and sold more than 50,000 electric cars. It's become a genuine U.S. automaker, albeit a very small one, and it now sells all over the world--and garners more media coverage than its volume alone might warrant.

Mazda CX-3 Subcompact Crossover 'Not That Far Away'

Mazda is set to field a competitor to cars like the Nissan Juke, Jeep Renegade and Buick Encore by 2016. Likely dubbed 'CX-3', the subcompact crossover would slot in under the CX-5 in Mazda's lineup.

Where Are Natural-Gas Vehicles Most Popular And Most Numerous?

Natural gas is very much in the public consciousness right now, if not for all the best reasons. Seen as a cleaner, more energy-independent fuel than fossil fuel oil, it nevertheless has its detractors, largely concerning the 'fracking' process through which it is extracted from the ground.

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<b>Price</b> check: mercedes <b>prices</b> all-new 2015 c-class <b>...</b> - <b>Car</b> and Driver

Posted: 30 Jul 2014 03:51 PM PDT

Price Check: Mercedes Prices All-New 2015 C-class Sedan, GLA-class Crossover

Price Check: Mercedes Prices All-New 2015 C-class Sedan, GLA-class Crossover

Mercedes-Benz is smack in the middle of a product offensive, and we now know how much two of its upcoming weapons—the all-new 2015 C-class sedan and GLA-class small crossover—will cost.

With the CLA-class now occupying the bottom rung of the Benz ladder, the C-class no longer has to serve as the brand's price leader. Having a littler brother also freed it up to become larger and more luxurious, and MSRPs are commensurately higher than before. For its part, Mercedes claims that far higher levels of standard equipment mean that the cost hasn't increased much at all. The C300 and C400 4MATIC models both go on sale at the end of August, while the rear-drive C300—the C400 won't be available here with RWD—will arrive in the first quarter of next year. Here's the breakdown:

2015 Mercedes-Benz C300 Sedan: $39,325, includes turbocharged 2.0-liter four-cylinder engine (241 hp, 273 lb-ft), seven-speed automatic, dual-zone automatic climate control, Bluetooth phone integration and audio streaming, push-button ignition, automatic headlamps, seven-inch display with central knob and touch-pad controls, power tilt and telescope steering column, rain-sensing wipers, power-folding side mirrors, MB-Tex faux-leather upholstery, aluminum interior trim, and more.

2015 Mercedes-Benz C300 4MATIC Sedan: $41,325, includes all of the above plus all-wheel drive.

2015 Mercedes-Benz C400 4MATIC Sedan: $49,515, includes all of the above plus twin-turbo 3.0-liter V-6 (329 hp, 354 lb-ft), seven-speed automatic, four-piston fixed front brake calipers, Premium package (heated front seats, SiriusXM satellite radio, Burmester premium audio, LED headlamps, and proximity entry), and Sport package (open-pore matte-black ash wood interior trim, 18-inch AMG wheels, sport suspension, AMG body kit, black headliner, sport seats, flat-bottom steering wheel, cross-drilled front brake rotors, aluminum pedal caps, AMG floor mats, and stitched MB-Tex dashboard cover).

2015 Mercedes-Benz C250 (Euro-spec)

2015 Mercedes-Benz C250 (Euro-spec)

2015 Mercedes-Benz C250 (Euro-spec)

C300 buyers will need to spend $2700 for the Premium pack and $2500 for the Sport bundle, although they also have the option of the Luxury package, which costs $650 and brings unique 17-inch wheels, a comfort suspension, a three-pointed-star hood ornament, wood interior trim, and the MB-Tex–lined dash.

Extracost options for all C-classes include any paint color other than basic white or black ($720), a Lighting package ($800; adaptive high beams and dynamic headlamps), the Multimedia package ($2690; navigation, 10-gigabyte hard-drive storage, 8.4-inch high-res screen, CD/DVD player, SD slot, SiriusXM Traffic and Weather, and backup camera), and the fragrance diffuser as seen on the S-class ($350). Also on offer: Airmatic air springs ($1190), an Interior package ($2300; leather upholstery, ventilated seats, ambient lighting, illuminated doorsills, and power and memory passenger's seat), the Driver Assistance pack ($2800; Distronic Plus automatic cruise control with auto braking, active blind-spot and lane-keeping assists, as well as Pre-Safe Plus rear-end collision protection, steering assist, and Brake Assist Plus with cross-traffic detection), and a package that bundles hands-free trunk access with a power-closing trunklid ($250).

The 2014 C-class started with the rear-drive $36,725 C250 Sport and its 201-hp 1.8-liter turbo four. The $40,325 C300 4MATIC used a 3.5-liter V-6 good for 248 horsepower, while the $43,025 rear-wheel-drive C350 Sport topped the lineup with a 302-horse V-6. For competitive comparison, the 2015 BMW 3-series lineup begins at $33,700 for the 180-hp 320i. The more directly comparable 3-series models—the 240-hp 328i and the 300-hp 335i—start at $38,350 and $44,450, respectively, with rear-wheel drive. All-wheel drive costs an additional $2000.



Mercedes also released pricing on the GLA250 and GLA45 AMG sans in-depth options information. Both the 208-hp GLA250 4MATIC and the 355-hp GLA45 AMG 4MATIC scoot onto our shores in September, and they'll cost $34,225 and $49,225. The front-drive GLA250 will run $32,225 when it arrives early next year. All use a turbocharged 2.0-liter four-cylinder engine and a seven-speed dual-clutch automatic. The CLA-class sedan—with which the GLA shares its platform and powertrain lineup—costs $1400 less in basic guise and with 4MATIC; it's just $850 less with the AMG treatment.

Price Check: Mercedes Prices All-New 2015 C-class Sedan, GLA-class Crossover

Price Check: Mercedes Prices All-New 2015 C-class Sedan, GLA-class Crossover

ALG Predicts Lowest Used <b>Car Prices</b> Since 2008 - Auto Rental News

Posted: 06 Aug 2014 01:00 AM PDT

ALG, the benchmark for forecasting vehicle residual values, says a wave of newer vehicles will gradually bring resale values in line with prices before 2008's economic downturn.

Due to poor sales years from 2008-2012 — as well as 2009's "Cash for Clunkers" program that took nearly 700,000 vehicles off U.S. roads — used-vehicle supplies have been limited. However, ALG estimates that the June 2014 marked the lowest number of used vehicles available for sale.

"The continued strength of new car sales is increasing the availability of high-quality used cars as shoppers continue to trade in their old vehicles," said Larry Dominique, president of ALG and executive vice president at TrueCar. "Additionally, because of the popularity of short 24- and 36-month leases, the drought of used-car supply is already starting to subside. As a result, we expect a steady decline in used-vehicle prices."

By 2017, ALG forecasts the average new vehicle will retain 49.4% of its value after three years — in contrast to the 54.6% retention recorded for vehicles through June 2014. Additionally, ALG expects the growing supply of used vehicles should ease the industry back to a 46% residual average by 2019, the same as it was before 2008.

"The lower residual values will create a greater gulf between used and new vehicle prices, which could steer more consumers to purchase used vehicles," said Dominique. "Consequently, we expect automakers to increase new car incentives to keep up their current sales pace."

To learn more about the used-vehicle supply increase, check out ALG's Industry Report.

Will Forced <b>Price</b> Cuts Affect Tata&#39;s Luxury <b>Car</b> Sales in China <b>...</b>

Posted: 12 Aug 2014 07:58 AM PDT

India's Tata Motors Ltd. (NYSE: TTM) posted a solid earnings beat on Monday and the company's stock rose 7.5%. Tata's sales in its home country have been lagging, but its luxury vehicle sales are booming in China.

Tata acquired its Jaguar Land Rover subsidiary from Ford Motor Co. (NYSE: F) in 2008 for $2.3 billion. The new Jaguar and Land Rover models are among the most appealing cars in the U.S., according to research firm J.D. Power's latest APEAL study. The Jaguar brand was ranked second and the Land Rover brand was ranked fourth.

Sales of Jaguar and Land Rover vehicles in China rose 61% year-over-year, and 30% of all Tata's sales in the quarter were due to the two luxury brands. The two brands' success in China could be threatened, though, by recent Chinese government investigation into Jaguar Land Rover's pricing policies.

Tata cut prices by up to 19% on two Land Rover SUVs and one Jaguar sports car in a preemptive move ahead of a demand from China's National Development and Reform Commission. Tata hopes that this will forestall even more severe mandated price cuts. According to The Wall Street Journal, the price of a Range Rover Sports 5.0 V8 has dropped from 1.89 million yuan (a stunning $305,000) compared with just $87,000 in the U.S.

China imposes a tariff on all vehicles sold in the country that are not at least partially assembled in the country. A Model S from Tesla Motors Inc. (NASDAQ: TSLA), for example, carries a base price of around $94,000 in the United States compared with the equivalent of $121,000 in China.

Tata is more dependent on China for sales of its luxury vehicles than is Tesla or certainly Ford. A new Jaguar Land Rover manufacturing facility will open in China by the end of this year, and that will once again boost margins for the luxury vehicles to a point where the recently announced price cuts won't matter much.

ALSO READ: Why Analysts Keep Chasing Tesla Higher

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