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Lotus Emira V6 First Edition finally being delivered to customers
Wed, Mar 13 2024In July 2021, Lotus revealed the Emira, its final ICE-powered sports car before flipping to an all-electric lineup. By the time we got to drive it in December 2023, our Zac Palmer wrote, "you can’t spend $105,900 on a single car that would be more fun than the V6 First Edition I drove. There just isnÂ’t another option out there that drives like the Emira, putting it in a class of its own for the enthusiast who wants the most unfiltered experience possible." The problem for Emira buyers reading that — the ones sitting on reservations more than two years old — was that none of them had their cars. Last March, Gator Motorsports' franchise Indy Lotus in Indianapolis sent a letter to reservation holders explaining the holdup as U.S. certification, specifically certification by the California Air Resources Board (CARB). At the same time, CarBuzz reported that Emira V6 First Edition units destined for the U.S. would land here last summer but wouldn't be released to customers until between mid-October and mid-December. Except Lotus dealers then had to explain to buyers in January of this year that cars here were getting a software update, likely for certification purposes. The U.S. Environmental Protection Agency had given the Emira its blessing, but Lotus didn't want to deliver units that couldn't be registered in the 14 states that adhere to CARB mandates, so it held all of them (and perhaps prevented some car-flipping). At the end of last month, the Californians approved of what Lotus had done with its engine programming, freeing the Emira to head to good homes. At one point, Lotus planned to have cars here in time to get into the 2022 model year, now it's a 2024. On the Emira Forum, in a thread about USA and Canadian delivery that's grown to more than 500 pages, someone posted the CARB approval on March 2, page 461 of the thread. The first response from a forum member in Stage 4 of the Five Stages of Grief — mentioned just four posts earlier — was, "Is this legit? This isn't something you did as a joke on the forum?" It's no joke, other forum posters are reporting that they are receiving their cars. Nay, twas not a joke. What's also serious is a higher price for the eventual entry-level trim, the Emira First Edition powered by an AMG-sourced turbocharged 2.0-liter four-cylinder engine.
Rolls-Royce celebrates brand's 120th with Ghost Prism
Tue, Mar 12 2024The Ghost might be Rolls-Royce’s smaller, “entry-level” car, but those words donÂ’t mean much when referring to the storied British automaker. With an almost $350,000 starting price, the Ghost is nearly as exclusive as its larger counterparts, but the recently announced Prism model will be even harder to get. Rolls said it would produce just 120 units of the car to celebrate its 120th anniversary in 2024, though itÂ’s unclear how many are already sold. As these things typically go, high-value clients and famous people tend to get the first crack at exclusive models, as theyÂ’re meant to be rolling advertisements for the brand. Last year was the brandÂ’s best ever, as it moved more than 6,000 vehicles in 2023, with America and record growth in the Middle East leading the charge. The automakerÂ’s demo car came in Gunmetal gray, which it said took 16 hours of hand polishing and a ten-step process that involves four layers of paint application. A high-gloss black-gray color is applied to the grille and trunk lid, which involves polishing the paints to such a high-gloss finish that they appear metallic. The dark colors highlighted with bolder hues are meant to convey the appearance of a prism, hence the carÂ’s name. Buyers can choose between four accent colors: Forge Yellow, Mandarin, Phoenix Red, and Mandarin. The color is applied to the brake calipers, lower bumper inserts and coachline, which Rolls said is a styling element that ties together the “mechanical, aerodynamic, and sculptural elements of Ghost.” Inside, the car gets Rolls-RoyceÂ’s famous Starlight Headliner with 1,040 individual LED “stars” across the interior roof. While these exclusive features are selling points for the Ghose Prism, Rolls said buyers still get access to its entire catalog of colors, materials, and options. Most people extend the automakerÂ’s already extreme purchase prices by several thousand dollars, pushing the average purchase price far above what we see on paper. Related Video
2024 Fiat 500e adds special models for fans of rose gold and sweet tunes
Tue, Mar 12 2024The 2024 500e is nearly here, and before its grand launch, Fiat revealed a pair of special editions that’ll be joining the lineup toward the end of the year. TheyÂ’re called the “Inspired By Beauty” and “Inspired By Music” models. Starting with the 500e Inspired By Beauty (seen in the photo gallery at the top), itÂ’s painted in an exclusive Rose Gold color you wonÂ’t be able to get on any other 500e. The shade is rather stunning, so itÂ’s safe to say the name matches its actual appearance. This model also gets body-color mirror caps and chrome molding to differentiate it from other models. Inside the Inspired By Beauty, Fiat treats you to beige “eco-leather” seats and a contrasting black dash also wrapped in eco-leather. The Inspired By Beauty model adds new driver assistance features that other versions of the 500e donÂ’t have, including adaptive cruise control and lane-keep assist. Thankfully, the second special model Fiat released today also has the above driver assistance features, too. 2024 Fiat 500e Inspired By Music front 3/4 View 23 Photos This one (directly above) is called Inspired By Music, so listen up, audiophiles. This model gets a JBL premium sound system consisting of seven speakers, an amplifier and a subwoofer. It has four unique sound modes in the infotainment system including My Music Room, My Recording Studio, Giuseppe Verdi Opera House Pisa and Open-air Arena. Each have their unique characteristics and are meant to represent the sound experience you might have in each location. Appearance-wise, the Inspired By Music wears a shiny coat of Piano Black (yes, another intentional music reference) paint and the same beige eco-leather color combo as you see in the Inspired By Beauty model. Both of these special models have the same starting price of $37,595, including the $1,595 destination charge. Fiat says you can expect them to hit dealerships in the third quarter of 2024, but theyÂ’re both available for ordering today. Related video:
2024 Buick Envista Avenir Interior Review: A real winner from Buick
Tue, Mar 12 2024The 2024 Buick Envista is the first Buick product I’ve driven in recent history thatÂ’s kept me thinking about it for much longer after handing the keys back. Much of that credit is due to Buick pricing it so low, but itÂ’s not like there arenÂ’t other cheap cars out there. The difference, of course, is that the Envista is both affordable and a really good car at the same time. You can read about how effective the tiny and frugal 1.2-liter turbo engine is in our First Drive, or get the full download about the various trims in our Buying Guide, but here IÂ’m going to focus on its impressive interior in its most exemplary form. My test Envista pictured throughout is the Avenir trim, which is the top-shelf, priciest model, and yet it still only starts at $29,695. That feels like a steal in todayÂ’s ever-expensive car market given its size and level of equipment. So, whatÂ’s the catch? First impressions are wildly positive when I settle into the AvenirÂ’s comfortable, heated leather seats and run my hands along the soft leather of the heated flat-bottom steering wheel. Then I check out whatÂ’s in front of me and notice the dual-screen layout housed cleanly in a single slab in the dash. The 11-inch touchscreen infotainment system is barebones as it gets from a software and user interface perspective, but that simplicity is somewhat refreshing. You get wireless Apple CarPlay/Android Auto, along with good enough hardware that everything runs fluidly and responds quickly to touches. The 8-inch digital instrument panel is verging on being too simplistic in favor of minimalism, though. Many of the typical gauges you might see in a cluster are instead tucked into a menu on the infotainment display, and customization of that cluster screen is similarly limited. ItÂ’s functional, but thereÂ’s room for improvement or at least customization. The Pebble Gray and black two-tone look of this Avenir model is rather dashing combined with the Cinnabar Metallic exterior paint, and “Avenir” being stitched into the headrests is an upper-class touch. Also appreciated is the soft dash in front of the passenger with pretty stitching and an intriguing crease-like pattern in the material. This carries through into the doors and the door armrests, which are also padded, something you donÂ’t get in the brutally hard doors of this carÂ’s platform mate, the Chevrolet Trax.
Scrapyard Gem: 2011 Alfa Romeo Giulietta
Sat, Mar 9 2024Alfa Romeo first applied the Giulietta name to its cars in 1954, producing that legendary generation through 1965. The name was revived on a wild-looking sedan for the 1977-1985 period, just before Fiat bought the company, and then returned on a compact hatchback for the 2011 model year. Today's Junkyard Scrapyard Find is one of those first-year third-gen Giuliettas, found in a self-service yard in Yorkshire, England. Copart-owned U-Pull-It has two stores in Great Britain, one in England and the other in Scotland. I have documented quite a few not-available-on-our-side-of-the-water vehicles found during my trip over there, including a 2005 Smart ForFour, a 2002 BMW 320td, a 2005 Vauxhall Tigra TwinTop, a 2008 Mitsubishi i, a 2007 Mitsubishi Colt, a 2006 Peugeot 307 CC, a 2006 Hyundai Matrix, a 2006 Ford StreetKa, a 2000 Honda HR-V, a 1994 Rover 620 Si, a 2010 Peugeot Bipper, a 2009 Alfa Romeo Brera S, a 2010 Citroen C4 Picasso, a 2005 MG ZT 190 and a 1963 Bentley S3. This generation of Giulietta stayed in production through 2020, after which it was replaced by a Jeep Compass-related crossover that you can buy in the United States today. This car's closest U.S.-market relative was the 2013-2016 Dodge Dart, which was built on a widened version of the Giulietta platform; the 2015-2017 Chrysler 200 lived on a longer-wheelbase variation. The current Chrysler Pacifica still rides on a descendant of that chassis. Alfa Romeo managed to get the Giulietta into a starring role in Fast & Furious 6, back in 2013. There was talk in the early 2010s that the new Giulietta might be sold in the United States, but those tales turned out to lead nowhere. Instead, the 4C ended up being the first new Alfa Romeo available here since the last Spider Veloces and 164s were sold as 1995 models. I couldn't get the bonnet open on this car, quickly losing patience thanks to fingers frozen solid by Yorkshire January weather, so we'll just have to speculate about the engine beneath. Giulietta shoppers in the U.K. market could get the '11 with one of eight engine choices, ranging from the base 1.4 MultiAir straight-four petrol-burner and its 120 horsepower all the way up to a screaming 1.75-liter straight-four with 235 horses. Fiat Multijet diesels in 1.6- and 2.0-liter form were available as well. This one has the base six-speed manual, which Dart buyers could get bolted into their cars (few did so).
2024 Dodge Charger, the Apple Car and the 5 worst car brands | Autoblog Podcast #822
Fri, Mar 8 2024In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by News Editor Joel Stocksdale. They lead off with the 2024 Dodge Charger reveal, followed by various EV startup news including the reported death of the Apple Car; rumors of a tie-up between Fisker and Nissan; and when we'll finally see the Tesla Roadster. That's followed by rumors of sporty EVs from VW group possibly including an Audi TT and the five worst car brands according to Consumer Reports. Road Test Editor Zac Palmer pops in to discuss Formula 1 at Bahrain, and Migliore and Stocksdale wrap up the podcast with the cars they've been driving: the Toyota Prius, Kia EV9 and Infiniti QX50. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #822 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown News 2024 Dodge Charger Reveal Apple Car reportedly dead Fisker and Nissan rumors Tesla Roadster production target Electric VW group sports coupes Five worst car brands Formula 1 at Bahrain What we've been driving 2024 Toyota Prius 2024 Kia EV9 (Road trip to Chicago) 2024 Infiniti QX50 Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video:
2025 Mini Countryman SE All4 First Drive Review: Electrified and better for it
Wed, Mar 6 2024CASCAIS, Portugal — Everything we said about the overgrown size of the 2025 Mini Countryman in John Cooper Works trim that we recently reviewed applies equally to the 2025 Mini Countryman SE ALL4. The former is powered by gas and the latter is electric, but both are the same size. Interestingly, both have about the same number of ponies, too. To recap, the new Countryman is 5.1 inches longer, 2.4 inches taller and 0.8 inches wider than the second-generation model, which in turn was 8 inches longer and more than 5 inches wider than the first-generation Countryman. A bit chonky, then. Our hackles may be raised by the size of the 2025 Countryman, especially as Mini claims itÂ’s a “Minimalist All-Rounder” — whatever thatÂ’s supposed to mean — but after spending a day actually driving the all-electric SE, we got over it. And we think buyers who care about MiniÂ’s illustrious history like we do will get over it too. ItÂ’s not without fault, but the Mini Countryman is more interesting in electrified SE trim than it is in suck-squeeze-bang-blow JCW trim. The Mini Countryman SE boasts twin electric motors, one up front and one at the rear so that all four wheels are powered. Total system output comes in at 313 horsepower (one lone stallion over the JCWÂ’s figure) and an impressive 364 pound-feet of torque (the gas model is good for 295 lb-ft). ThatÂ’s sufficient for a 0-60 sprint of 5.6 seconds — a bit behind the top-spec gasser, despite the extra torque, due to a weight penalty of nearly 600 pounds for a total curb weight of 4,400 lbs, but still quick. Feeding power to the two motors and contributing mightily to the porky weight is a 66.5-kilowatt-hour battery pack. ThatÂ’s enough capacity to provide up to 245 miles of range (depending on factors that include wheel size), which isnÂ’t bad, but short of all-wheel-drive electric crossover leaders that might be cross-shopped against the Mini, like the Tesla Model Y Long Range (up to 310 miles), Kia EV6 (up to 282) and Nissan Ariya (up to 272). As always, actual range will vary due to driving style, weather and the use of accessories and climate control. Mini claims a maximum charge rate of 130 kW. Again, thatÂ’s not bad, and equal to the Nissan Ariya, but far short of competitors like Tesla (up to 250 kW), Hyundai and Kia (up to 235). Considering its newness on the market, you wouldnÂ’t be wrong to expect some specs that actually move the needle instead of being mid-pack.
2025 Infiniti QX80 confirmed with 450-hp twin-turbo V6, 50 hp more than now
Tue, Mar 5 2024Infiniti's back to tease the 2025 QX80 that debuts in 15 days. Automaker executive Ivan Espinoza starts by telling us what we already knew, the ancient 5.6-liter V8 gets sent packing by a 3.5-liter V6. Espinoza calls it "all-new," but this is in reference to the application. Parent company Nissan loves itself a TTV6, the GT-R given the codename VR38DETT, the new Nissan Z's version codenamed VR30DDTT, the same mill formerly serving the Infiniti Q50 and Q60. The 3.5-liter displacement in the QX80 means its engine can be expected to be called the VR35DDTT. We've got output numbers at last, those being 450 horsepower and 515 pound-feet of torque, improvements of 50 hp and guaranteed-to-feel-it 102 lb-ft. That outdoes the closest Japanese competition, the Lexus LX that gets 409 hp and 479 lb-ft from its TTV6. The 2025 QX80 is going to shift through a nine-speed automatic gearbox, the two additional cogs over today's seven-speed providing a 40% wider range of ratios. Owners are going to get more performance down low and efficiency up high. Doubling up on the efficiency, engineers added active grille shutters to reduce drag when massive cooling isn't needed. Espinoza also cites "a new chassis and larger frame," however, the QX80 is expected to ride on an updated version of the current SUV's body-on-frame platform, Nissan's F-Alpha that once served the Pathfinder and Titan, plus the erstwhile QX56, and still serves the Nissan Frontier. The evolution yields 57% more lateral stiffness and 25% more torsional rigidity. A new electronic air suspension with active damping keeps the hardened cage from becoming a punishment. We get our best, albeit very brief, looks at the interior as well. The four-spoke wheel is now a two-spoke wheel, a la Genesis. The digital gauge cluster and separate infotainment binnacle morphed into what looks like a single, uncovered widescreen (composed of two or more screens), akin to what we've seen in several electric vehicles like the Kia EV9 and Honda e. The restraint and subtlety in these snippets matches what's been done to the exterior, so far as we can see. The livestreamed reveal happens March 20, expect a Monograph Concept plus some flourishes. A week later, we'll get up close and personal for the 2025 QX80's public debut at the New York Auto Show.
Junkyard Gem: 2001 Jaguar XJ8
Mon, Mar 4 2024After Ford bought Jaguar in 1989, the bosses in Dearborn finally got their hands on a storied luxury brand that would be taken more seriously than Lincoln outside of North America. A fresh infusion of dollars worked wonders to improve the quality of Jaguar's engineering and assembly, and development of a modern DOHC V8 engine immediately took a high priority. That engine made its debut in the 1997 Jaguar XK8, then went into the engine compartment of the very first production Jaguar sedan to get factory V8 power: the XJ8. Today's Junkyard Gem is one of that first generation of XJ8, found crashed in a Colorado self-service boneyard. The 1998-2003 XJ8 lived on the final iteration of the mid-1980s-vintage XJ40 platform, the X308. While this means that the X308 had chassis ancestry stretching back to the British Leyland era, Ford's money ensured that it would be built better than its predecessors had been during the cash-strapped bad old days. Exterior styling wasn't much changed from that of the XJ300. Inside, the old XJ40 dash finally went away for good, replaced by a design more appropriate for the new century. Jaguar couldn't compete with BMW and Mercedes-Benz on leading-edge chassis engineering, but its heritage was hard to top. The engine is a 4.0-liter DOHC V8 with variable valve timing, rated at 290 horsepower and 290 pound-feet. Ford should get credit for funding Jaguar's own engine instead of simply stuffing some member of its Modular V8 family in here. If you wanted a manual transmission in your XJ8, the answer was a firm no. In fact, Ford ended up using the 3.9-liter version of this engine in the Ford Thunderbird and Lincoln LS. The MSRP for the base 2001 XJ8 was $56,355, or about $98,725 in 2024 dollars. The 2001 BMW 740i listed at $62,900 ($110,190 after inflation) and the 2001 Mercedes-Benz S 430 cost $70,800 ($124,030 now). Perhaps the $51,745 BMW 540i and the $56,050 Mercedes-Benz E 430 ($90,649 and $98,190 in today's money, respectively) were more realistic sales rivals for the XJ8, though. This car's interior is a bit grimy but appears to have been in nice enough condition when it arrived here. What happened? This happened. On a near-quarter-century-old European luxury sedan, body damage like this usually results in the insurance company declaring the car totaled. Remember when Dennis Tito paid $20 million to become the world's first space tourist? Jaguar could have saved him some money. You'll never, ever lose it in the parking lot.
Lotus Emeya concludes winter testing, brings unique treats
Sun, Mar 3 2024Think of the Lotus Emeya as the sedan form of the Eletre SUV, transferring Lotus' newest brand values into a body style closer in spirit to the old Lotus. As the automaker marches toward production later this year, we've got a few more details on what's to come with the English foe of the Taycan competitor. Battery size is said to be 102 kWh; if that's accurate, that would be down slightly on the Eletre SUV's gross 112-kWh battery that provides a usable 109-kWh. Lotus says the sedan's range will be "broadly similar" to the Eletre, which is rated to go up to 373 miles on the WLTP cycle. The sedan, like its brother, is built on an 800-volt system capable of 350-kW fast-charging, and uses two motors to power both axles. A top-shelf Emeya R trim should pack the same power as the Eletre R, 905 horsepower and 726 pound-feet, the Emeya's lower profile and lighter weight taking a coupe of tenths off the Eletre's 2.95-second sprint to 60 miles per hour. At least two wild specs separate the Emeya from the Eletre: A 55-inch augmented-reality head-up display. Lotus says the projection on the Electre is 29 inches. In addition to being "the largest and most advanced in any Lotus," it offers "a Snow Mode which turns the display blue, helping the driver to see the outline of the road more easily against a white background." Who needs an Apple Vision Pro, eh? The sedan also fits an active rear spoiler that's four inches broader than the SUV's from front to back, at 11.7 inches compared to 7.7 inches. Adjusting the spoiler's angle on the SUV can produce up to 112.5 kilograms of downforce. The sedan's spoiler rings up a maximum of 215 kg of downforce at speed. The Emeya's top speed is an electronically capped 159 mph, six miles per hour below the SUV's, done to preserve battery health. Lotus recently concluded a series of winter tests that are part of the company's three-year development testing across 15 countries, working out the Emeya in temps as low as negative 13 Fahrenheit and locking the car in a freezer at -40 F to gauge how its systems performed. After going on sale in China, the Emeya heads to Europe and then to the U.S., so we shouldn't expect it until sometime next year, joined by the Evija hypercar. Car magazine said it saw a Lotus presentation that mentioned an MSRP of $100,000, almost identical to the base Porsche Taycan's U.S. MSRP. Related Video:
5 classic trucks and their polarizing modern revivals
Sun, Mar 3 2024EVs are helping eliminate Detroit's gas-guzzling problem. Some revivals of gas-powered classics are getting the EV treatment. But not every revived model looks exactly like its original counterpart. We're in a new era of hulking Detroit metal, and you can thank EVs. Americans can't get enough of their big, beefy trucks and SUVs. But for many years, some of the biggest gas guzzlers fell out of fashion as gas prices rose and emissions regulations tightened. But in the past few years, some of the most iconic American truck nameplates have been brought back to life with electric motors, like the GMC Hummer. In other cases, as with the Ford Bronco, improvements in engine technology and more interest in rugged adventure vehicles made a gas-powered revival possible. Even some revivals that started as gas-powered, like the Chevy Blazer and the Jeep Wagoneer, are now getting electrified spinoffs. (Even if they don't always look quite as sleek as their original inspiration.) Here are side-by-sides of five classic American trucks and their modern counterparts. The Jeep Wagoneer 1975 Jeep Wagoneer and 2024 Electric Jeep Wagoneer SStellantis After a long wait, Jeep released its revival of the classic Wagoneer and Grand Wagoneer in 2020. Starting later this year, an electric version of the luxury Jeep SUV will join the Wagoneer lineup. The Chevrolet Blazer A 1973 Chevrolet Blazer and a 2024 Chevrolet Blazer EVGetty Images, General Motors The Chevrolet Blazer was first rebooted in 2019 as a sporty family SUV. The modern Blazer shares zero resemblance to its boxy, off-roading older sibling, but it has still managed to become one of Chevy's more popular SUVs in recent years. The Blazer EV came later, and was one of the first models GM built on its new Ultium battery platform. The Hummer A Hummer H2 and the 2023 Hummer EV pickup truckGetty Images, General Motors Once the poster child for Detroit's big, bad gas guzzlers, the Hummer got new life as an electric pickup truck in 2021. The Ford Bronco A 1971 Ford Bronco and a 2022 Ford BroncoFord Motor Co. After a rouge group of engineers and designers inside Ford spent years trying to breathe life back into the Blue Oval's boxy off-roader, the Ford Bronco was finally resurrected in 2020 amid a rise in popularity for rugged adventure vehicles. The Ford Ranger 1985 Ford Ranger and a 2024 Ford RangerFord Motor Co.
Nissan, Fisker in advanced talks on investment, partnership
Sat, Mar 2 2024Nissan is in advanced talks to invest in electric vehicle maker Fisker in a deal that could provide the Japanese automaker with access to an electric pickup truck while giving the struggling startup a financial lifeline, according to two people familiar with the negotiations. The deal could close this month, said the sources, who asked not to be identified because the talks are ongoing and have not been finalized. Terms being discussed include Nissan investing more than $400 million in Fisker's truck platform and building Fisker's planned Alaska pickup starting in 2026 at one of its U.S. assembly plants, one of the sources said. Nissan would build its own electric pickup on the same platform, the source said. Nissan has U.S. assembly plants in Mississippi and Tennessee. Fisker said on Thursday, when it announced it might not be able to continue as a going concern and would cut 15% of its workforce, that it was in talks with a large automaker for a potential investment and joint development partnership. It did not name the automaker. A Fisker spokesman said the company does not comment on speculation, while Nissan officials were not immediately available to comment. Fisker shares had been down about 45% before the Reuters report but pared those losses and were trading down about 25% with a market capitalization of more than $295 million. The term sheet is ready and the deal is going through due diligence, one of the sources said. Nissan was an EV pioneer with its fully battery powered Leaf hatchback in 2010 but has since struggled in the face of nimbler new entrants. A deal with Fisker would help it move into the growing U.S. electric pickup market. Nissan's talks with Fisker comes in the wake of the former's “rebalanced” relationship with its long-time alliance partner Renault. Last year, Nissan and Renault finalised terms of a restructured alliance after months of negotiations. They aim to have cross-shareholdings of 15% as part of the deal. The more limited alliance removes certain restrictions and has opened the door for Nissan to develop growth plans in areas such as EVs and software independent of Renault, said one of the sources, who is familiar with Nissan's thinking. The Yokohama-headquartered automaker is scouring “many, many opportunities,” the person said.
Fisker is laying off 15% of staff and says it needs more cash ahead of a 'difficult year'
Fri, Mar 1 2024Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a dealership model. "[W]e have put a plan in place to streamline the company as we prepare for another difficult year," founder and CEO Henrik Fisker said in a statement. Fisker reported more than 1,300 employees as of the end of September 2023, meaning the cut could affect close to 200 people. The company's share price plunged 35% in after-hours trading. Fisker said Thursday that it finished 2023 with $396 million in cash, though $70 million of that is restricted. The company says it is talking with one of its lenders about making "an additional investment" in the company. It also claims it is "in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing." A partnership like that will be crucial, as Fisker executives said on a call Thursday that it won't invest any more money in its future products unless it works with another automaker. That means the fates of a pickup truck, compact EV and other models that Fisker has teased are now in question. The company's financial struggles come as it is trying to move to a wholesale model built around partnerships with dealers, a shift that Fisker says has "negatively impacted" its sales so far. It's currently sitting on inventory of thousands of vehicles that are collectively worth more than $500 million. Fisker says it has received interest from around 250 dealerships but has only signed up 13 to date. Fisker has also been dealing with a number of problems with its Ocean SUV, its only model so far, as TechCrunch reported earlier this month. The company has said it resolved some issues with a software update in December and planned to fix many more in a larger 2.0 update earlier this month, but that only started making its way to customer vehicles this week. It is currently being investigated by the National Highway Traffic Safety Administration for reports of sudden brake failure, as well as for a handful of vehicle rollaway incidents. A number of big automakers are pulling back on their aggressive EV targets, and newer players are having trouble as well.
Ian Callum makes the Jaguar C-X75 concept street-legal
Thu, Feb 29 2024Unveiled at the 2010 Paris Motor Show, the Jaguar C-X75 could have been one of the British brand's wildest and coolest models. It received the green light for production, got canned, and resurfaced in the 2015 James Bond movie Spectre before disappearing for good. However, not everyone has forgotten it: Callum, the design firm founded by former Jaguar design boss Ian Callum, has made a C-X75 street-legal. Precisely how Callum's customer ended up with a C-X75 remains a mystery. The example modified is one of the four surviving stunt cars built by Williams Advanced Engineering for Spectre, so it might be the one that auction house RM Sotheby's offered at its Abu Dhabi sale in November 2019. The car was estimated to sell for anywhere between $800,000 and $1.2 million; it ended up not selling during the auction. Regardless, Callum was the right person to take on the Herculean task of making an obscure, experimental supercar street-legal, as he led the team that designed the model. His company made hundreds of small but significant changes including replacing the glass, adding a quieter exhaust with catalytic converters, making tuning changes to the supercharged, 5.0-liter V8, and fitting additional switches inside. Interestingly, the stunt cars were built with foam door mirrors. These had to be replaced with real mirrors fitted with turn signal repeaters. The team also took advantage of the tear-down to make visual improvements, such as reducing and aligning the panel gaps. The C-X75 received a new coat of paint, and engineers made changes to the suspension system — they notably adjusted the ride height. It helps that this version of the C-X75 uses an engine already approved for road use; the V8 has powered the Range Rover, among other cars. Callum's street-legal Jaguar C-X75 will make its public debut at the Bicester Heritage Scramble event held in England on April 21, 2024. Related video: Featured Gallery Ian Callum's street-legal Jaguar C-X75 Aftermarket Jaguar Coupe
Rolls-Royce Arcadia Droptail unveiled as the third in a four-car series
Thu, Feb 29 2024If you're wealthy, you buy a new Rolls-Royce. If you're extremely wealthy, you work directly with the brand to design a one-of-a-kind car from the ground up. The firm has revealed its latest one-off, a convertible named Arcadia Droptail, and detailed the long development process. Built for an anonymous client in Singapore, the Arcadia Droptail borrows the first part of its name from a place known as "heaven on Earth" in Greek mythology. Rolls-Royce explains that the design perfectly reflects the customer's tastes and personality, including a passion for architecture and a subtle, restrained take on the concept of luxury. This likely explains why there's not much in the way of bright trim on the outside; instead, the Arcadia Droptail is characterized by a soft and almost organic design while remaining recognizable as a Rolls-Royce. Working directly with the customer, the brand put a great deal of thought into picking a color: the shade of white chosen is infused with aluminum and glass particles for a pearl-like effect that adds depth. These details help the Arcadia stand out from the two existing Droptail models unveiled in 2023. The overall design remains largely unchanged with an upright grille, thin rear lights, and a rounded back end. Santos Straight Grain wood trim dominates the interior and creates another link between cars and boats. Rolls-Royce explains that this was one of the most challenging parts of the project: Santos Straight Grain is difficult to work with, and the client plans to use the car all around the world so the trim needs to withstand wildly different temperatures and humidity levels. The brand initially considered applying the type of coating used in yachts but ruled it out because it needs to be re-applied on a regular basis. Instead, it went through the trouble of developing a specific lacquer that lasts for the life of the car. It adds that this part of the build required over 8,000 hours of work, including testing. The clock embedded into the dashboard was created in-house as well; it took over two years to develop and five months to make. Referred to as "the most complex Rolls-Royce clock face ever created," it features a guilloche pattern with 119 facets and hand-polished parts. Rolls-Royce hasn't published technical specifications. We're guessing that power comes from a V12 engine. All told, designing the Arcadia Droptail took over four years. There's no word on how much the project cost.
Bugatti announces V16-electric hybrid drivetrain for Chiron successor
Thu, Feb 29 2024Bugatti sent off the quad-turbocharged W16 engine that has powered all of its 21st-century models with a limited-edition, 1,600-horsepower roadster named Mistral. Rumors about what could power its future cars ran rampant; the brand confirmed a hybrid system for the Chiron's successor, and some sources detailed a downsized engine. Ending years of speculation, Bugatti has announced a new 16-cylinder engine. The difference is in the prefix: the Veyron, the Chiron, and few-off models like the Divo all used a W16 engine, with cylinders arranged — as the name implies — in a W configuration. The new unit will have a V configuration. Put another way, think of the W16 as a pair of narrow-angle V8s and of the V16 as a pair of straight-eights. Bugatti isn't the first company to build a V16 engine, Cadillac famously used one in the 1930s and BMW experimented with one in the 1990s, but there's not a single V16-powered new car currently on the market. Bugatti stopped short of revealing technical specifications, so we'll need to be patient to learn details such as the engine's displacement and power output. However, the French brand reiterated what we already knew: the V16 will be part of a hybrid powertrain. Here again details are vague, but Autoblog learned that the Chiron's yet-unnamed successor will use a plug-in hybrid system. Rimac, which owns Bugatti, has previously described the drivetrain as "heavily electrified." This suggests (though nothing is official) that the model will be capable of running on electricity alone for relatively short distances. It looks like carbon fiber will play a significant role in offsetting the hybrid system's weight. Achim Anscheidt, Bugatti's former design director, told Autoblog in 2022 that the Chiron's successor will "certainly be tailored to one or the other aspect of a hybrid" in terms of design. The model will be built around a new monocoque, which gives the design team now headed by Frank Heyl the freedom to dial in new proportions. Don't expect a radical change, however: the car will still be recognizable as a Bugatti. Bugatti will unveil the Chiron's successor in June 2024, and we expect to learn more about the model in the coming months. Related video:
Maserati GranCabrio revealed in high-output Trofeo trim
Thu, Feb 29 2024As has been the tradition with Maserati over the past couple of decades, now that the four-seat GT coupe has launched, it's time for the drop-top version. And this latest convertible adopts the same name as its predecessor: GranCabrio. It is, in almost every respect, the same car as the GranTurismo, but with a fabric roof and a bit more weight. Said roof is available in five colors: a navy blue, dark red, black, grey and "greige." It is indeed fabric in order to fold more compactly and allow for cargo space with the top folded, though it will still take up a bit of trunk space when retracted. It also folds quickly at just 14 seconds, and it will come back up in 16. Operation of the top can be done at speeds up to 31 mph. To keep occupants comfy in all temperatures with the top down, the front seats have air vents in the seat backs to blow air onto the neck. Optionally available is a fold-open wind blocker that fits behind the front seats, though it can't be used with rear occupants. The soft top does bring some extra weight, around 220 pounds compared to the equivalent coupe. Maserati didn't specify exactly what contributes to the gain – whether it's more just top components or if some of it comes from chassis reinforcements (both seem likely). Interestingly, the extra weight actually gives the GranCabrio slightly better balance than the GranCoupe. The drop-top's front and rear weight distribution is 51/49 to the coupe's 52/48. Maserati is only offering the GranCabrio in the top-spec Trofeo internal-combustion trim for now. That includes the twin-turbo 3.0-liter V6 making 542 horsepower and 479 pound-feet of torque, eight-speed automatic transmission and all-wheel drive. The weight does ever so slightly blunt acceleration, dropping it by 0.1 second to 3.6 compared to the GranTurismo Trofeo. The same staggered 20-inch front and 21-inch rear wheels and Brembo brakes carry over from the coupe, too. And while the Trofeo is the only version for now, Maserati notes that the chassis remains designed for internal combustion and electric power, so an all-electric Folgore and more entry-level Modena gas-powered models will likely be added later. Maserati did not give a specific time for when the GranCabrio will hit dealers, but it should be sometime this year. Pricing is also a mystery, but should carry a premium over the GranTurismo coupe. Related video:
Fiat previews a new Panda, and a whole Panda-based range of global cars
Wed, Feb 28 2024Fiat isn't attending the Geneva Motor Show, but that hasn't stopped it from going to Geneva ... Italy. That's right, there's a dainty patch of ground in Brescia called Ginevra, which is Italian for Geneva. Fiat CEO and Stellantis' chief marketing officer Olivier Francois has pulled another sly one, hosting his own miniature auto show at a bar in Ginevra to showcase Fiat's coming range of global models. The presentation is all about the Panda, old and new, with Fiat reworking the spirit and ethos of the 44-year-old nameplate into four concepts that start with an all-new Panda on Stellantis' global platform, then branch into two updates on popular current products and two all-new products. After winning the Stellantis family sales title with 1.3 million units moved last year, Francois said of the brand, "[Our] next step will be to transition from local products to a global offer that can benefit all of our customers everywhere in the world," embodying the philosophy that "functionality should never exist without fun." A plan for sharing up to 80% of parts between models, on top of that shared platform, is the key enabler. And just as we mentioned yesterday with Jeep, Fiat's talking big about the range of available powertrains, with ICE, EV, hybrid and PHEV in the mix. Â Here's the heart of the new range, your all-new Panda just like it says on the door, called "City Car" in the video. Fiat will present this one to itself and the world in July this year during the company's 125th anniversary. In it can be seen the basic idea of the concept Fiat presented to itself as a 120th birthday present, the Centoventi Concept revealed at the 2019 Geneva Motor Show (the one in Switzerland). We heard nothing about the Centoventi after that, its fundamentals showing up first in the Citroen C3, and from there back to Fiat with this all-new Panda. Francois called this a sort-of "Mega Panda," a phrase we want on a T-shirt, boasting a crossover-like upright design, higher driving position, and increased roominess. The entire range will emphasize sustainability, ease-of-use, and modularity. The Panda demonstrates ease with the retractable charging cable emerging from the hood. Inside, the oval motif in places like the dashboard and seats recalls Fiat's original factory in Turin, the Lingotto building with the oval test track called the La Pista 500 on its roof. If you're looking for competition to the dashing little Renault 5 that did make the trek to Switzerland, this is it.
2025 Infiniti QX80 teased with features from the QX Monograph Concept
Wed, Feb 28 2024Infiniti began talking about its brand turnaround, and how that would affect the flagship QX80 SUV, toward the end of 2022. When the automaker debuted the QX Monograph Concept at last year's Pebble Beach Concours, the QX80 didn't get a mention in the announcement. However, the Monograph's size and lines made it clear where the top line was headed, those lines given a real work to do since designers didn't lean on the crutch of chrome to cheat their way to visual interest. The production QX80 is nearly here, Infiniti ready with the first installment of a teaser campaign in the runup to the SUV's March 20 online debut. The handful of images and a silhouette at the end of the video show plenty of Monograph details will make their way to showrooms as part of the new design language called Artistry in Motion. The video is barely about the vehicle, more about the camouflage pattern best seen in the photos. Infiniti worked with Japanese digital generative artist Kaoru Tanaka to create a pattern for the wrap that's less confusing to the eye than the errant lines and swirls in typical camo, a title card telling us, "[We] believe our artistry in motion is too extraordinary to remain completely hidden."Â The photos show the good stuff. The split headlights and "piano key" DRLs from the Monograph are there, so too are flush door handles, a trim identifier. a full-width taillight and a deeply sculpted rear bumper. The QX80 lives on in the fender vent, shorn of chrome, though. One of the marquee features will be a 24-speaker Klipsch audio system that Infiniti showed at CES. And if an image at the dedicated site for the new QX80 is accurate, there will be an illuminated Infiniti badge in the grille and the most ornate puddle lights on the market. Previous reports have a twin-turbo 3.6-liter V6 displacing the current 5.6-liter V8 under the hood. The V6 is expected to make about 450 horsepower, 50 more than the V8, while being more fuel efficient about it. The menu of changes will likely take the MSRP above the $80,000 mark. After the March 20 debut, the QX80 gets a public debut at the New York Auto Show. Related video:
Buick shows off Wildcat EV in gold, debuts new brand tagline
Tue, Feb 27 2024Buick keeps putting the gorgeous Wildcat EV concept back in front of our faces, and it’s just not fair. GMÂ’s premium brand released a new tagline today, “Exceptional by design,” and the Wildcat EV is the face of the companyÂ’s new motto. Check out the video above to see what all the fuss is about. There are a lot of glamor shots showing beautiful Buicks of the past before it cuts to the also-glamorous Wildcat EV concept. ThereÂ’s even a shot of a slight variation of the Wildcat EV dipped in a flashy orange-gold paint color. GM showed off this version of the Wildcat EV in an Instagram post last year, but now weÂ’re seeing the electric two-door coupe in yet another promotional piece. It differs from the final show car in its grille design, headlights, wheels, badging, color and more. Take a look at the side-by-side comparison below. Of course, Buick doesnÂ’t actually make products nearly as exciting as the Wildcat EV, but it does like to show its Encore GX and Envista sharing some design elements with the Wildcat EVÂ’s front end. A jump cut to those crossovers quickly follows our glimpse of the colorful Wildcat EV, though we canÂ’t help but be a little sad that this is all that will come of the stunning concept. Per usual (at least when we get the chance), we asked Buick if it had any updates or things to share about the Wildcat EV now that itÂ’s trotting this concept out to us in a brand campaign. HereÂ’s what the company had to say in response: "The Wildcat EV concept is still our blueprint for Buick design and youÂ’ll see Wildcat inspiration throughout our lineup, starting with the current Encore GX and Envista, and it will eventually extend to the 24MY Envision and 25MY Enclave. We still donÂ’t have any plans to bring that vehicle into production, itÂ’s strictly a concept." Basically, nothing's changed, and there are still no plans to turn the Wildcat EV into a production car. There wasnÂ’t much in the way of news today from Buick, but we can at least say this latest ad campaign is a clear step up over the “ThatÂ’s not a Buick” commercials seen years ago. Related video:
2004 Lincoln Mark X concept car goes to auction
Tue, Feb 27 2024Twenty years ago, retro design was arguably at its apex (though it's really never gone away, either here or in other markets). And apparently Ford and Lincoln were considering a way to offer even more retro two-door goodness out of the Thunderbird, which was a couple years old in 2004. The result was the Lincoln Mark X concept car, which is pretty much a rebadged Thunderbird with a couple of unique features. It never went into production, but if you really had your heart set on it, this is your chance to make the sole example your own. At a glance, you might not notice the Thunderbird connection, especially with the top down. The Mark X leans heavily on the '60s Continentals with its wide chrome grille and subtle integrated headlights. It also features the distinct chrome trim that runs along each edge of the car from the headlights all the way back to the tailpipes. It also features slender, wide rear taillights, and a dramatically sloping rear fascia with a sharp edge where the tailpipes lurk. The Mark X also has the party piece of the then-trendy power retractable hardtop. It even had glass panels in the roof, kind of like the later VW Eos. But look a little longer, and you can see the similarities. The proportions, and especially the hardpoints around the doors and windshield, are pretty clearly straight off the Thunderbird. And as contemporary reporting showed, everything mechanical in the vehicle was the same as the Thunderbird, from the powertrain to the suspension. It gets the same 280-horsepower 3.9-liter V8 and five-speed automatic as the T-Bird, along with rear-wheel drive. The interior is much more of a departure from the T-Bird, though. It has the retro dual cowl dashboard that would later appear in other Lincoln products including the Zephyr, Navigator, Aviator and MKX. The MKX of course was actually a Ford Edge-derived, front-drive-based SUV, and so hardly related to this Mark X concept, but it did at least have a similar Continental-style grille when it launched. To a certain extent, it's a little bit surprising the Mark X didn't get a green light for production. Since all the mechanical bits were already in production, and not just in the Thunderbird. The platform, called DEW98, was a unique rear-drive platform with fully independent suspension that was used in the Ford Thunderbird, Lincoln LS sedan and Jaguars S-Type and XF. They all were offered with the same 3.9-liter V8, too, with V6 variants of the LS and Jaguars.
Renault Scenic EV takes first place as (European) Car of the Year
Mon, Feb 26 2024The automobile awards season may not be over, but two of the more prestigious annual races came closer to a climax this week. One might need a scorecard to keep track. We’re focused here on two events: the World Car of 2024, now reduced to three finalists in six categories. Then thereÂ’s the Car of the Year, known in some quarters as the European Car of the Year. Except that the car doesnÂ’t have to be European to win, only sold there. Got that? Winners out of the way first: At the Geneva Motor Show on Monday, the Renault Scenic E-Tech all-electric has been voted Car of the Year 2024. The Scenic is a fairly compact, somewhat stylish SUV for Europe only, and is the seventh vehicle from the French brand to win the award. It sells in the United Kingdom for about $47,500. The other six finalists that had made the first cut of voting in November were the BMW 5 Series, BYD Seal, Kia EV9, Peugeot E-3008/3008, Toyota C-HR, and Volvo EX30. The trophy winner was chosen by a jury of 59 motoring journalists from 22 countries. Scenic came in first place with 329 points. The Seal was the first Chinese-made car to make this awardÂ’s shortlist; it finished sixth out of seven, just up from the Toyota. One judge explained his decision to grant the Seal zero votes. Writing in Top Gear, Paul Horrell wrote this entertaining critique: “It looks good and is well specified, so makes a strong market entry. The advanced electric system and cobalt-free battery are commendable too, and it's enjoyable enough to drive quickly. That's undermined by an agitated ride over bumps, and the logic of screens and switches is pretty eccentric.” Recapping the World Car of the Year 2024 update, the sponsors shared the stage at Geneva on Monday with the Europeans as well, although they revealed only the top three finalists in six categories. For the ultimate prize, they are the Kia EV9, the Volvo EX30 and the BYD Seal. The winners will be announced March 27 at the New York International Auto Show. Here's more on the World Car finalists. By the Numbers Geneva Motor Show New York Auto Show BMW Kia Toyota Volvo Peugeot Renault Green Automakers Best Cars
The Renault 5 E-Tech is a retro-electric hatchback with funky style and a nice price
Mon, Feb 26 2024The Renault 5 was a funky hatchback that sold for more than two decades, spawning several variants, including the iconic Renault 5 Turbo. Though it hasn’t been around for quite a while, itÂ’s getting a futuristic glow-up, returning as an electric hatchback with retro-inspired design elements. The automaker plans to put the new car on sale soon with a super-reasonable ˆ25,000 price ($27,134 at todayÂ’s exchange rate). The Renault 5 E-Tech spent just three years in development, compared to the typical four-year cycle. ItÂ’s also strikingly similar to the concept car, which rarely happens in the auto industry, though Renault is well-known for some of the most exciting designs ever to hit the streets. The unique exterior design is meant to evoke memories of the original Renault 5 while modernizing the look for a younger, modern audience. It welcomes the driver with an animated light sequence, and the “pupil” LED headlights appear to be winking. The automaker said it shaped the car for maximum aerodynamic efficiency, including special glass panels to help air flow more smoothly over the taillights. Inside, the car offers a 10.1-inch touchscreen, and the visual and sound experiences were developed with the Ircam Institute of MusicÂ’s Jean-Michel Jarre. He created the carÂ’s interior sounds, including chimes and warnings, and developed the exterior sounds that play at low speeds. The Renault 5 E-Tech is the first vehicle to ride on the new AmpR Small platform, which brings a long wheelbase and weight reduction features. It also enables AC bidirectional charging with vehicle-to-load and vehicle-to-grid functionalities. Renault said it envisions the car playing a role in the overall power grid, returning electricity when needed. It claims a range of 400km, or around 249 miles, and the automaker will offer three output levels: 110 kW (148 hp), 90 kW (121 hp), and 70 kW (94 hp).   Featured Gallery Renault 5 E-Turbo Design/Style Green Renault Hatchback Electric
Volvo, Kia and BYD duke it out in the finals for World Car of 2024
Mon, Feb 26 2024Three electric vehicles — none produced by an American manufacturer — will compete next month for the title of 2024 World Car of the Year, it was announced Monday. The finalists are the Kia EV9, the Volvo EX30 and the BYD Seal (shown above). The latter two are built in China. The three top finalists in five other categories were also named at the Geneva Motor Show in Switzerland. The winners in all six categories will be revealed live during an awards ceremony at the New York International Auto Show on March 27. This year marks the 20th year of the World Car Awards and the partnership with the New York show. Besides car of the year, the other finalists are: Electric vehicle: BMW i5, Kia EV9, Volvo EX30; Luxury car: BMW 5 Series/i5, Mercedes Benz E-Class, Mercedes Benz EQE SUV; Performance car: BMW M2, BMW XM, Hyundai Ionia 5 N; Urban car: BYD Dolphin, Lexus LBX, Volvo EX30; World Car Design: Ford Bronco, Ferrari Purosangue, Toyota Prius. Only Ford among U.S. companies has an entry in the final selections, and only in one category, design, for the Bronco. BMW has four vehicles in the finals, Volvo has three, Kia and Mercedes have two each. BYD from China has two entries as well. The Seal went on sale in in its home market in 2022 and is now available in most of the rest of the world. The BYD Co. (which stands for Build Your Dreams) has surpassed Tesla to become the worldÂ’s biggest maker of electric vehicles, and has its sights set on the U.S. The selection process for World Cars involves 100-plus automotive journalists from 29 countries who vote, as they review and test-drive the eligible vehicles for the 2024 awards. Their journey is captured virtually on World Car TV. Design/Style Geneva Motor Show BMW Ferrari Ford Hyundai Kia Lexus Mercedes-Benz Toyota Volvo Best Cars World Car of the Year
Why Lotus thinks its luxury EV game plan will succeed globally
Sun, Feb 25 2024 Luxury sports car and EV maker Lotus completed its SPAC merger last week in the U.S. and its stock was publicly traded for the first time on Friday. It’s an interesting turn of events for the Geely-backed automaker now known as Lotus Tech given the uncertain EV market, but one that may prove an exception to the struggles of other pure-play EV makers. Trading under the ticker LOT on the Nasdaq, Lotus Tech will focus on the higher end of the EV market with its Eletre SUV and Emeya sedan, which will not only be offered in the US but also in Europe and, more importantly, China. “What is most important here is that we are definitely going to more markets at the same time through more models and through more stores,” said Lotus Tech CFO Alexious Lee to Yahoo Finance from the Nasdaq market site. By the end of the year Lotus will have four vehicles in production, three of them EVs. “These four models are currently available in Asia Pacific and part of it is also available in UK and EU,” Lee said. “We're having the new [Eletre] SUV model coming into the U.S. in the third quarter of this year, so different markets have different strategies and different product offerings and different conditions." Lotus is able to go to market in a number of territories due to the backing of its majority owner, Chinese auto giant Geely. But it also raised a considerable amount of money through its SPAC merger. Lotus Tech said it raised more than $880 million in pre-closing and PIPE financing commitments, with a targeted valuation on listing day of nearly $7 billion. Lotus Tech also had an interesting partner with its SPAC merging, combining with L Catterton Asia Acquisition Corp (LCAA), which is backed by French luxury conglomerate LVMH. Lotus Eletre in Solar Yellow View 11 Photos As Lotus targets the luxury segment with its vehicles — the Eletre and Emeya will be playing in the $80,000 to $150,000 ballpark — having a partner like LVMH, with its deep connections and insights into the luxury consumer, could be hugely beneficial. “Now what is more important here is Anish Melwani, who is the CEO for LVMH North America, will be on the board of Lotus Tech,” Lee said.
Watch thieves dressed like ninjas hit dealership, steal $583,000 worth of Land Rovers
Fri, Feb 23 2024WAUKESHA, Wis. — A group of teenagers believed to be from the Chicago area broke into a luxury car dealership in Wisconsin and drove off with nine vehicles worth more than a half-million dollars, police said. Sunday's heist at a Jaguar-Land Rover dealership in Waukesha was captured on surveillance camera footage showing nine masked suspects filing into the dealership before each drives off in a car in the city about 19 miles (30.5 kilometers) west of Milwaukee. The video also shows one car being backed up and smashed through an overhead service door. Waukesha Police Capt. Dan Baumann said the suspects broke into the dealership about 6 a.m. Sunday, found where its car keys were stored and then activated those key fobs to find the cars they stole. “Nine subjects went out and throughout there looking for keys. One person finds where the keys were hidden and then starts to disseminate those to his friends,” Baumann told WISN-TV. The nine vehicles are valued at more than $583,000, he said. One suspect, a 17-year-old Chicago boy, was arrested Sunday in the southern Wisconsin community of Pleasant Prairie after the stolen vehicle he was driving crashed along Interstate 94 during a police pursuit. He was being held at the Waukesha County Jail on a $50,000 bond and faces burglary, theft and criminal damage to property charges, Baumann said. Police said Sunday that the suspects are believed to be “an organized crime group of teenagers from the Chicago area.” Baumann said Friday that all or most of the teen suspects are known to members of a police task force in southern Wisconsin and northern Illinois and police in that two-state region were still searching Friday for the eight other suspects. Six of the nine stolen vehicles have been recovered — four in Chicago, one in the Chicago suburb of Deerfield, and one in Wisconsin after the highway crash that led to the 17-year-old's arrest, he said.
Volvo Cars to dilute stake in EV maker Polestar
Fri, Feb 23 2024Volvo Cars said on Friday it plans to distribute 62.7% of its stake worth 9.5 billion crowns ($920.17 million) in Swedish electric vehicle manufacturer Polestar Automotive Holding to its own shareholders. After completion of the proposed distribution, Sweden-based Volvo Cars said it will retain an 18% stake in Polestar. The heavy involvement by Sweden-listed Volvo Cars in Polestar, where it owns around 48% of the shares, has been criticized by analysts who see the stake as a drag on Volvo's resources. "As we have significant operational collaborations with Polestar and a financial relationship, it is logical for us to retain influence through a smaller 18% stake in Polestar," said President and CEO of Volvo Cars Jim Rowan. The company said it has a financial relationship with Polestar through an outstanding convertible loan of $1 billion. China's Zhejiang Geely Holding, which is a majority owner of Volvo Cars, will continue to provide operational and financial support to Polestar. The stake distribution will be made through a 2:1 share split, followed by an automatic share redemption process, Volvo Cars said. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Polestar O2 Concept revealed with autonomous drone footage
Production Renault 4 EV caught testing in the snow
Thu, Feb 22 2024Renault is leaning hard into its historical catalog for its EV lineup. It already showed the concept for the 5, which looks as cubic as the old economy car of the same name (known as the LeCar in America), and prototypes look just like the show car. The same seems to be happening with the upcoming Renault 4. Its concept was shown a little more than a year ago in Paris, and these spy photos show that it's mostly sticking to the look. We say mostly, as there is one big change. The concept that previewed the 4 was called the 4EVER Trophy, and it has huge and wide fenders, plus was decked out with a roof rack and full size spare. It definitely seemed to lean into the 4's history of having competed in the Paris-Dakar Rally, where it actually took second (1979) and then third place (1980) in its class. This production-style prototype obviously ditches all of that. It looks much more narrow and road-oriented. But beyond that, the retro lines still shine through, particularly the distinctive greenhouse with the arched section incorporating the doors, and the rear quarter windows that angle down and forward. It has the same blunt, flat nose and horizontal hood as the concept and the original, and it looks like the LED interpretation of the round headlights sticks around, surrounded by the wide black panel to hark back to the original car's grille. The wheels are substantially toned down from the cyberpunk-style ones of the concept, but the split four-spoke layout still emphasizes the boxy nature of the car. The Renault 4 will be based on the CMF-BEV platform, also used by the Renault 5. While the production model will clearly be more modest than the concept, we could see Renault positioning the 4 as a more rugged alternative to the 5, possibly offering a trim with a bit more ground clearance, cladding and fender flares to appeal to the crossover crowd. Having a dual-motor all-wheel-drive version would seem reasonable, too. But Renault has been tight-lipped about specifications for any of these retro EVs so far, so this is all speculation. What's not speculation, is the fact that this won't be coming to America. But the CMF-BEV platform will be shared with Renault's corporate partners Nissan and Mitsubishi, so we could see those brands debut vehicles here with the same basic mechanicals someday. Related video: Featured Gallery Renault 4 EV spy shots View 12 Photos Green Renault Crossover Hatchback Electric
Fiat 500e EV starts rolling off the line for the American market
Thu, Feb 22 2024Unveiled in 2020, and announced for the American market in 2023, the electric Fiat 500e is headed to our shores. The first American-spec examples of the pocket-sized, retro-styled hatchback have rolled off the Mirafiori Assembly Plant located near the heart of Turin, Italy. At launch, the 500e range will include a single trim called (RED) Edition. It stands out with red-painted door mirror caps, LED headlights, 17-inch diamond-cut alloy wheels, and a red dashboard. While it's available in red, of course, buyers can also choose Tuxedo Black and Glacier White. It's reasonable to assume other trim levels will join the range later in the production run, but Fiat hasn't revealed its future plans yet. Although we haven't driven the American-market 500e yet, we took a spin in a European-spec model in 2023 and walked away impressed with the interior. It feels much nicer overall than the last-generation 500 (which retired from the American market in 2019 but remains available new in Europe), and it's packed with fun little design details such as the Turin skyline etched into the wireless charging pad's mat. Power for the 500e comes from a front-mounted electric motor linked to a 42-kilowatt-hour lithium-ion battery pack. The motor sends 118 horsepower and 162 pound-feet of torque to the front wheels, and the battery holds enough electricity to deliver up to 149 miles of driving range. That's not much, but Fiat notes the 500e was developed for urban buyers and says the model can charge to 80% in 35 minutes. Alternatively, a full charge takes 4 hours and 15 minutes when using a Level 2 charger; that's an advantage of using a small battery. The first examples of the 2024 Fiat 500e are scheduled to reach our shores by the end of the first quarter of 2024, and the first batch of dealer-allocated cars sold out in less than a week, though a specific number hasn't been revealed. Pricing starts at $34,095 including a $1,595 destination charge and excluding incentives. Every 500e will come with a Level 2 charger or charging credits at public stations.
At St. Moritz, the Ferraris and Bugattis are small wonders
Wed, Feb 21 2024The Little Car Company is once again taking to glitzy St. Moritz in the Alps to show off an array of scaled-down automotive classics that will include a Bugatti Baby II, Ferrari Testa Rossa J (for junior) in both base and Pacco Gara models, and an Aston Martin DB5 Junior. The elegant, electrified miniatures, all available for test drives, will be assembled at the upcoming International Concours of Elegance at St. Moritz this Friday and Saturday to entertain the rich and famous, and others perhaps not so well positioned. The Little Car Company is a U.K.-based firm that has re-created everything from a pint-sized Bugatti Type 35 to a life-sized dune buggy based on a Tamiya R/C kit from the 1980s. Their cars run on electric power. Other models are put on static display, and one of those at St. Moritz is to be its newly launched Bentley Blower Jnr. "A step into new territory for the brand," the company says, the Blower Jnr is an 85 percent scale electric version of the British manufacturer's legendary original, and is The Little Car Company’s first road-legal automobile. Said CEO Ben Hedley, "This year will be the third time that we have participated in this wonderful event, so it is only right that we bring even more unique pieces for guests to get behind the wheel of, but also that we bring something new for guests to look at: the Bentley Blower Jnr." Operating for about five years, the Little Car Company hand-builds licensed products in entertaining partnerships with some elite manufacturers. Its cars are aimed mainly at collectors but can be driven. Among its recent offerings, the Testa Rossa was launched in 2021 as a 3/4-scale replica of the legendary "red head,” powered by a 12kW battery and able to reach a top speed of 47 mph, Little Car Company planned to build only 299 examples of the Testa Rossa. One of them was on display at Harrods in London just before Christmas, priced at just about $100,000. A terrific gift, but youÂ’ll need a bigger tree.  Featured Gallery The Little Car Company at St Moritz Design/Style Aston Martin Bentley Bugatti Ferrari Electric
