2006 Mercedes Slk 280 on 2040-cars

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Automakers face reality of EVs' cost — to jobs, and their bottom line

Related: We obsessively covered the Frankfurt Motor Show — here's our complete coverage FRANKFURT, Germany — European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine. As the latest such announcement by China added momentum to a push for zero-emissions motoring, Daimler, Volkswagen and PSA Group gave details about their electric programs that could give policymakers some pause. Planned electric Mercedes models will initially be just half as profitable as conventional alternatives, Daimler warned — forcing the group to find savings by outsourcing more component manufacturing, which may in turn threaten German jobs. "In-house production is almost irrelevant to the consumer," Daimler boss Dieter Zetsche told reporters on the eve of the Frankfurt Motor Show, in the midst of a German election campaign in which automotive jobs have loomed large. The company set a target of saving 4 billion euros ($4.8 billion) by 2025 to help fund the cost of its electric cars. "Daimler is the first company to state explicitly how much electric vehicles are going to hurt margins," said Bernstein analyst Max Warburton. "It was brave to go first — but of course it won't be the last." Volkswagen, for its part, said it was seeking new global supplier contracts to source 50 billion euros ($60 billion) of electric car content including batteries, which are not yet manufactured competitively in Europe. "A company like Volkswagen must lead, not follow," Chief Executive Matthias Mueller told reporters. VW diesel emissions-cheating exposed by U.S. regulators in 2015 triggered global public outrage, dozens more investigations into test-rigging by the wider industry and a push by some lawmakers to ban diesel and eventually all engines. TIGHTENING NOOSE Tesla shares jumped nearly 6 percent on Monday after a Chinese minister said it was a question of when, not if, Beijing bans fossil-fuel cars, tightening the noose around the combustion engine. France and Britain have promised its outright abolition by 2040. But PSA, the maker of Peugeots and Citroens, said it was concerned about the risks if consumers were left behind in the rush, and a new generation of battery cars does not sell.

Mansory G63 AMG Sahara Edition substitutes performance for taste

We aren't sure if it's an unwritten rule or not, but it seems like European tuners are wholly incapable of building cars whose aesthetics don't offend people blessed with the gift of sight. Take Mansory, for example. The Swiss tuner has turned its hand to the Mercedes-Benz G-Class, a vehicle that on it's own is not exactly a visual stunner. Functional sure, but not exactly beautiful. But with Mansory wielding the design pen, the result is, well, yeah. It's not great. This is the Mansory G63 AMG Sahara Edition, and surprisingly, its camouflaged paint scheme is one of its least obnoxious qualities. But its grille, headlights, hood scoop, roof-mounted lights and rear spoiler just don't do this Mercedes any favors. And for some reason, the tuning firm has decided to put two different styles of 22-inch alloys. The driver's side isn't horrible, although we can't say the same about passenger-side hoops. The interior treatment is nothing compared to the cabin, though. Falcons. There are falcons in the headrests. No, we don't know why either. The avian theme isn't limited to the headrests, though, as Mansory has added wings to the seats, dash and door panels, all the while continuing on with camouflage color scheme on certain interior surfaces. Of course, if you can live with the design decisions, you'll be getting a ludicrously potent G-Wagen. Mansory has boosted the 5.5-liter, biturbocharged V8 to 828 horsepower while it's actually been limited to 737 pound-feet of torque. We aren't sure what the addition of 292 hp and 177 lb-ft of torque does to the G63's run to 60, although we're betting the Mansory version is a lot quick than the 5.3-second stock time. Check out our live gallery of the G63 AMG Sahara Edition, from the floor of the 2015 Geneva Motor Show. Related Video:

Autoblog Minute: New car customer satisfaction down according to latest ACSI report

Customers have spoken and automobile satisfaction is down in 2015. Autoblog's Chris McGraw reports on this edition of Autoblog Minute. Show full video transcript text [00:00:00] Customers have spoken and automobile satisfaction is down in 2015. I'm Chris McGraw and this is your Autoblog Minute. The American Customer Satisfaction Index or ACSI released its updated numbers and according to the survey, new car buyer satisfaction is down for the third straight year. According to an ACSI press release, customer satisfaction with new automobiles has fallen 3.7 percent, to 79 on its 100-point scale. The ACSI report is based on over 4,100 customer surveys collected in the second quarter of 2015 Sitting at the top of the industry in customer satisfaction is Toyota's Lexus brand with a score of 84. Which was good enough to dethrone Mercedes-Benz, which fell 3% to a score of 83. Of the Big Three, Ford was the only domestic automaker to maintain overall customer satisfaction with its score of 81. General Motors slipped 3% to 79 and Fiat Chrysler had a 5% drop, registering a score of 75 out the possible 100. What's driving this trend of customer dissatisfaction? ASCI points to the rise in recalls and car prices. Where do you land on customer satisfaction spectrum? Sound off in the comments with your thoughts on the current state of car ownership and brand quality. For Autoblog, I'm Chris McGraw. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. Chrysler Fiat Ford GM Lexus Mercedes-Benz Car Buying Ownership Autoblog Minute Videos Original Video