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DS Automobiles reimagines the Citroen SM for today
Wed, Sep 11 2024Citroen's most iconic machines run a thoroughly broad gamut from the humble 2CV to perhaps the most striking car it ever produced, the Maserati-powered personal luxury coupe called SM. It's this latter car being revisited by DS, the luxury brand spun off of Citroen with the name of the equally important mid-century Citroen DS. More specifically, it's being re-revisited, as the company revealed back in 2020 a bunch of renderings its designers put together imagining a modern version. According to the Design Director of DS, Thierry Metroz, the company received many comments on those designs and learned that people were "very attached to the iconic models from our heritage" and "they didn’t want the original design to be spoilt." So it took those comments into consideration, and kept playing with the idea until they reached the SM Tribute concept you see above. It's relatively close in size to the original in most respects. It's 1.2 inch longer, 0.8 inch taller, and has 1.4 inch less ground clearance. But it's far wider, gaining an extra 5.5 inches. It's crystal clear that most of its lines are pulled straight from the original, from the full-width headlight and daytime running light wedge at the front to the tapered kamm-style tail. The window openings are all shaped basically the same, including the wrap-around rear hatch glass. But there are updates found everywhere. Most notable are the reworked rear wheel spats that now have semi-circle cutouts to help highlight the 22-inch wheels. The ultra-thin taillights continue around the sides of the car over the top lines of those spats to emphasize the line. The car also features two-tone paint, with the black parts helping highlight the most classic lines of the car along the sides. It also helps hide the aerodynamic extensions and general heft of the SM Tribute's flanks compared to the original. The interior is arguably a bigger departure from the original than the exterior. There are still echoes of the original, such as with the shape of the dash top and concave instrument display, as well as the seats with horizontally stitched cushioning. The concept departs with its concave monolithic center screen, which also adopts a small puck for shifting instead of a chromed lever, and the instruments also are shown on a screen. The distinctive single spoke wheel of the original gives way to a rectangular yoke, and the door panels feature intricately detailed "laser-engraved" leather.
We drive the Bronco Sport Sasquatch, Hummer EV SUV and more | Autoblog Podcast #846
Fri, Aug 30 2024In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Road Test Editor Zac Palmer. Zac recently went down to Tennessee to drive a prototype of the 2025 Ford Bronco Sport Sasquatch. Meanwhile the two also spent time in the 2024 GMC Hummer EV SUV, 2024 Mercedes-AMG GLA 35 and 2024 Lexus LS 500h out of the fleet in Michigan. In the news, Rivian deals with a fire at its Normal, Illinois plant, Formula 1 comes back strong, and Volkswagen prices the ID.Buzz. Lastly, the two debate what old, executive sedan you should buy in a Spend My Money segment. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #846 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 Cars we're driving 2025 Ford Bronco Sport Sasquatch 2024 GMC Hummer EV SUV 2024 Mercedes-AMG GLA 35 2024 Lexus LS 500h News Fire at the Rivian factory Formula 1 is back Volkswagen ID.Buzz gets a very high price Spend My Money 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:  We check out the Rivian R1S and R1T along with 3 other surprises This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Koenigsegg Jesko Attack sets Laguna Seca production car record
Mon, Aug 19 2024Lap times and top speed specs are big business in the hypercar world, even if the cars’ owners never push them to their full potential. Automakers arenÂ’t quite as shy with the machines, however, frequently wringing them out for bragging rights. Koenigsegg recently took its Jesko Attack to Laguna Seca for the first time and set a time of 1:24.86, edging out the Czinger 21C by just 0.58 second to set the production car lap record. It did that time with Koenigsegg development driver Markus Lundh behind the wheel, who, like the car, was tackling the track for the first time. Koenigsegg has set several other records with the car, including the best lap time at SwedenÂ’s Gotland Ring, where it set a time of 2:56.97, nearly eight seconds faster than the Porsche 911 GT3 RS MR. The car also holds the record for accelerating to 400 km/h (249 mph) and braking back to a stop in just 27.83 seconds, more than a second faster than the bonkers Rimac Nevera. That performance is thanks to the carÂ’s twin-turbocharged 5.0-liter V8, which makes 1,280 horsepower during regular operation. Pumping E85 pushes that output to 1,600 horsepower, and the car makes 1,106 pound-feet of torque. The Jesko Attack has a large rear wing and significantly more downforce than the standard Jesko. Koenigsegg claims an additional 1,764 pounds of downforce for the Attack at 155 mph, which increases to a massive 3,086 pounds at the carÂ’s top speed. The Jesko Absolut, which is designed for top speed runs, builds on the Attack with different bodywork that Koenigsegg says cuts downforce and improves stability at high speed. Its body is around three inches longer, and the automaker said the aero development process alone took 3,000 hours, with another 5,000 on engineering.
Mercedes-Maybach SL 680 Monogram Series gives the rich and famous what they want
Sat, Aug 17 2024TOPANGA, Calif. – Give the people what they want, right? Especially if they're extremely wealthy. And possibly famous. Apparently, the requests for a convertible Maybach from existing owners and/or celebrities were so frequent and insistent that the uber-luxury offshoot of Mercedes-Benz finally decided to give them just that. The 2025 Mercedes-Maybach SL 680 Monogram Series answers the call. While all other Maybachs are based on a Mercedes-Benz, this is the first Maybach to be based on a car developed by AMG: the current-generation SL 55 and SL 63. This presented a greater challenge to engineers than past efforts. Although a sportier Maybach was intended (as opposed to modern Maybach's first drop-top effort, the Maybach S 650 Cabriolet), the SL 680 is, not surprisingly, seeking a much different dynamic end goal than its AMG-only cousins. According to Maybach product manager Hannes Meyer, the far shorter wheelbase than the Maybach norm was a particular challenge in making sure that its convertible offering maintained "the same ease and nearly floating driving experience" expected of the brand. To that end, the Maybach SL shares the SL 63's air suspension and trick AMG Active Control interconnected hydraulically controlled dampers, but the tuning is changed, especially with the rear air springs as the driver sits closer to those. Meyer says the damper valves in particular have a greater range between sportiness and comfort than the SL 63. The steering system is totally Maybach-specific, including a different ratio and more upright front camber, resulting in what Meyer described as a more stable and less aggressive setup than what you'd find in the SL 63. Before you start looking for a 6.8-liter engine in the Mercedes arsenal, remember that those numbers don't really mean anything anymore. The Maybach SL 680 has exactly the same 4.0-liter twin-turbo V8 as the SL 63 good for 577 horsepower and 590 pound-feet of torque. The nine-speed AMG transmission is the same in terms of hardware, but it has totally different software. In particular, the 2-3 and 3-4 shifts are most different in order to provide a smoother, more Maybach acceleration experience. The 4Matic+ all-wheel-drive system is also shared, but is programmed to have a more balanced front-to-rear power split than the rear-biased AMG. Finally, the exhaust has been retuned. Meyer said that up to 2,800 rpm, the exhaust isn't quieter than what you'd experience in the AMGs, it just has a different tone.
4 thoughts about the 2024 Genesis G90
Thu, Aug 15 2024It’s a little odd to spend time in a big sedan nowadays, or any sedan if weÂ’re honest. Buyers demand high seating positions and a big cargo area. Sedans donÂ’t deliver on the former, and rarely the latter. We get it; practicality, easier ingress and an expansive view are appealing. But sedans are still usually the better machine for driving, plus they offer far sleeker looks. And Genesis is building some of the best. It even has three whole sedan lines, still, including the subject of todayÂ’s feature, the Genesis G90. This full-size sedan is a rare beast, but a good one. It looks great, drives great, and, at least for the segment, itÂ’s a great deal. LetÂ’s dig into those aspects. Lovely to drive Luxury flagship sedans can frequently be soft, soggy and generally uninspiring to drive. Unless you simply value sheer isolation from the world. The Genesis G90 does not follow that pattern. Instead, itÂ’s a big sedan that not only keeps you comfy, but actually engages. A good bit of the credit probably goes to the chassis, which is an evolution of the platform underpinning other excellent sports sedans including GenesisÂ’ own G70 and the Kia Stinger. The steering is responsive and smooth, and the chassis is willing. Yes, thereÂ’s a bit of roll, and itÂ’s heavy, but for the class, itÂ’s nippy. Also bolstering both the comfort and fun parts of the car is the twin-turbo 3.5-liter V6. And itÂ’s again shared with those two aforementioned sedans. It makes 375 horsepower and 391 pound-feet of torque in this application, and it doesnÂ’t pull as hard as it does when itÂ’s hauling around something smaller like the G70, but it still feels plenty strong. ItÂ’s also smooth and impressively quiet, making it a bit difficult to tell what kind of engine is under the hood at all. There is a version of this powertrain that adds a 48-volt mild-hybrid system that powers an electric supercharger, which bumps power to 409 and torque to 405, but this base engine wonÂ’t disappoint. Lovely to behold The G90Â’s design is still holding up since its full makeover for the 2023 model year. ItÂ’s long and low, just as a flagship sedan should be. The sloping, tapered tail is especially elegant, and the way the sides bow out below the window helps break up the height and add some visual width. Details such as the turn signals that extend past the front wheels and the chrome trim that wraps around the entire underside of the car complete the very pretty picture. The interior is just as good.
RM Sotheby's Turbollection features exotics from the '80s and '90s
Wed, Aug 14 2024If you have even a passing interest in cars, there's little doubt you know a thing or two about Porsche, whether the topic centers around a classic name like 911 or the more mainstream Cayenne and Macan crossovers. Bugatti? Sure, most people know about the historic French builder of world-class, record-setting automobiles, though admittedly the EB110 we're about to show you probably wouldn't be the first to come to mind. Fewer are likely familiar with the likes of Vector Aeromotive, a tiny American company with history that dates back to the 1980s. And we'd wager that most have never even heard of the likes of Isdera and Cizeta. Brush up on your history, (super wealthy car collecting) folks. RM Sotheby's has an exciting array of cars coming up for auction during the Monterey Car Week festivities on California. Among all the expected Ferrari, Lamborghini and Shelby classics potential buyers can wade through, the so-called Turbollection collection features much rarer oddities.
Texas sues GM, saying it tricked customers into sharing driving data sold to insurers
Wed, Aug 14 2024Texas filed a lawsuit Tuesday against GM over years of alleged abuse of customers' data and trust. New car owners were presented with a "confusing and highly misleading" process that was implied to be for their safety, but "was no more than a deceptively designed sales flow" that surrendered their data for GM to sell. The suit contends that at no point was selling driving data ever even suggested as a possibility, putting GM in violation of the state's consumer protection laws. Texas Attorney General Ken Paxton is seeking a jury trial and at least $10,000 per offense (every GM car sold in the state since 2015) and a hefty add-on of $250,000 in cases where the victim was over 65. Texas seems to be flying high after a recent $1.4 billion settlement from Meta over other privacy concerns. This may well be a way to solve any pending budgetary issues in the Lone Star State.
2025 Genesis GV80 Review: Beautiful looks backed up by true luxury
Mon, Aug 12 2024Pros: Stunning design; tech-forward and elegant interior; smooth ride; silky V6 engine; excellent driver assistance tech and safety ratings Cons: Confusing trim structure; four-cylinder is a little raspy; third row is cramped and available in only one version The 2025 Genesis GV80 enjoys its first substantial update for 2025, and this luxury SUV is all the better for it. Just like before, the GV80 doesn’t portend to be a luxury “performance” SUV; instead, it puts all its energy into being the most luxurious and relaxing option out there. In many ways, Genesis succeeds triumphantly. Its street presence alone is majestic with the large and classy grille matched with the double-line lights youÂ’ll see both front and back. YouÂ’ll stand out in a sea of BMW and Mercedes-Benz SUVs, and it arguably looks better than said German rivals. There isnÂ’t much of a step down when you climb inside and take in the beautiful color options, surprising material choices and its new, pretty OLED infotainment screen. ThereÂ’s obviously a lot of tech to get acquainted with, but itÂ’s easy to learn, and the sheer scale of the screens doesn't suffocate or overpower the rest of the interior. Now, the GV80's price isnÂ’t as much of a bargain as it was when it launched, but thereÂ’s still great value to be had, and thereÂ’s very little compromise to be made. Sheer driving dynamics and handling is where GenesisÂ’ competitors still have a leg up, but if you just want an outstanding A-to-B luxury vehicle with space for a small family and all the belongings that come with it, the GV80 has to be on your shortlist. Interior & Technology  |  Passenger & Cargo Space  |  Performance & Fuel Economy What it's like to drive  |  Pricing & Trim Levels  |  Crash Ratings & Safety Features What's new for 2025? The GV80 goes through a mid-cycle refresh for 2025, bringing small design tweaks outside and big tech updates inside. You can read more about those updates and how they improve the SUV in our first drive review here. A new GV80 Coupe model joins for 2025, as well, but we review that model separately right here. What are the GV80Â’s interior and in-car technology like? The GV80 cabin is just as impressive in person as it is in pictures. It's tastefully unique and genuinely luxurious. Plus, the update for 2025 makes it an even grander sight at first glance.
2025 Genesis GV80 Coupe First Drive Review: Better for it
Tue, Aug 6 2024MINNEAPOLIS — The Genesis GV80 is a decidedly solid vehicle that weÂ’ve called out for its compelling design, richly contented interior, decent power and useful tech. ItÂ’s a luxury SUV that offers an interesting option to its more expensive German rivals. So whatÂ’s next? Well, following in the footsteps of the Germans, itÂ’s time for Genesis to coupe-ify its flagship SUV. The BMW X5 has its X6 sibling; Audi has its Sportbacks; Porsche and Mercedes have Coupe versions of their midsize SUVs Â… now Genesis is offering the GV80 Coupe. It too has a sleeker roofline that degrades practicality, but it also turns up the heat with a supercharged engine option. First, there are the obvious changes, and those start with the roofline from the B-pillar back. The steeper slope extends into an aggressive and dynamically shaped roof spoiler. Unlike the SUVÂ’s more horizontal spoiler, the CoupeÂ’s dips in the middle to create a sporty double-spoiler look. Below that is the aggressively raked liftgate, bisected horizontally by a large, lower lip spoiler. Its two-line taillights wrap across the corners onto the shapely curvature of the lower liftgate. The Coupe gets even more athletic touches below, like a sleeker lower fascia with prominent quad exhaust tips. Further, less obvious design choices continue to set the Coupe apart as the sportier sibling to the more practical SUV. Up front, it gets its own version of the Genesis crest grille, with two layers of mesh providing both a three-dimensional effect and further protection to the internals behind it. The front bumper gets a larger air curtain, flanked by bigger air intakes at the fasciaÂ’s lower corners. From the side, the CoupeÂ’s flush roof rails provide a more slippery silhouette (which helps to dramatize the new roofline), while exclusive wheels provide further attitude that the SUV doesnÂ’t get. We especially liked the look of the 22-inch dark gray matte wheels on our tester, whose unique design suggests an almost crystalline lattice to complement each of the five spokes. Moving inside, the GV80 CoupeÂ’s cabin is rich and detail-oriented. Our testerÂ’s Nappa leather interior had a Coupe-exclusive red and black color scheme, which we liked second only to the available Ultramarine Blue with orange stitching. Slinking in behind the sporty flat-bottom steering wheel, the intricate carbon-fiber trim stands out for its unique diamond-shape weave that gives it an interesting, almost holographic sense of depth.
Stellantis says it has no intention of selling Maserati
Wed, Jul 31 2024Â Stellantis has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said on Tuesday. "Stellantis restates unwavering commitment to Maserati's bright future as the unique luxury brand of the 14 Stellantis brands," the carmaker said in a statement, while also reaffirming commitment to its entire portfolio. Carlos Tavares, the Netherlands-based automaker's chief, warned last week that if the company's loss-making brands "don't make money, we'll shut them down". The comments came after Stellantis delivered worse-than-expected results for the first half. The Chrysler-parent does not release figures for individual brands, except for Maserati, which reported an adjusted operating loss of 82 million euros for the first half of the year. Some analysts had previously noted that Maserati could possibly be a target for a sale by Stellantis, which the company's chief financial officer did not rule out, while other brands such as Lancia or DS might be at risk of being scrapped, given their marginal contribution to the group's overall sales.
UPDATE: Stellantis says it is not selling Maserati
Mon, Jul 29 2024In a joint statement, Stellantis and Maserati have refuted reports that the Italian brand could be sold: Stellantis has no intention of selling the Trident brand, just as there is no intention of aggregating Maserati within other Italian luxury groups. Stellantis restates its unwavering commitment to Maserati’s bright future as the unique luxury brand within the 14 Stellantis brands. Maserati is in a transition period toward electrification with its Folgore BEV program: today the Trident offers GranTurismo and GranCabrio in ICE and BEV versions, Grecale in ICE, mild-hybrid and BEV versions, while we confirm that successors of the Quattroporte and Levante are also in preparation. Maserati's mission is to write the future of mobility through the best performance in the luxury segment, focusing on the desires of its customers. To achieve its goals, the brand precisely targets a highly specific audience. Maserati is therefore setting up a series of initiatives to expand its presence in the global market, to strengthen its brand image and to underline the uniqueness of its products. Maserati is facing a major challenge and must remain focused on its objectives in the coming months. Stellantis reaffirms its commitment to its entire portfolio of 14 iconic brands and recalls that each of them has a 10-year horizon to build a profitable and sustainable business, while recognizing that market volatility and temporary situations may cause fluctuations. The original story continues: Maserati posted disappointing sales and revenue figures shortly after Stellantis CEO Carlos Tavares warned that the group can't afford to have brands that don't make money. While nothing is set in stone, one of the group's executives said that selling the brand isn't off the table. Industry trade journal Automotive News Europe (subscription required) learned that Maserati sold approximately 6,500 cars globally between January and June 2024, down from around 15,300 units during the same time period in 2023. It posted an adjusted operating loss of ˆ82 million (about $88.7 million) during the first six months of the year, compared to a profit of ˆ121 million (about $130 million) in 2023. "The first half has been disappointing," admitted Natalie Knight, the chief financial officer at Stellantis, on a call with journalists.
Koenigsegg Gemera goes V8-only due to low take-rate for three-cylinder
Mon, Jul 29 2024It's been more than four years since Koenigsegg debuted the Jesko and Gemera just ahead of the 2020 Geneva Motor Show. The Gemera was the first home for a few of Koenigsegg's pet projects, a hybrid powertrain based around a twin-turbocharged 2.0-liter three-cylinder dubbed the Tiny Friendly Giant (TFG). The engine featured cam-less Freevalve technology and was assisted by three electric motors. The Swedes claimed a combined 1,676 horsepower and 2,581 pound-feet of torque — 592 horses and 443 twists from the TFG — and a zero-to-62-mph sprint in 1.9 seconds. Those three e-motors, one on the crankshaft and two at the rear, helped deliver all-wheel drive, all-wheel torque vectoring, and all-wheel steering. And it's all gone. Not the Gemera, but the Tiny Friendly Giant. Two years after the Gemera appeared, Christian announced that the automaker found a way to fit the Jesko's twin-turbocharged 5.0-liter V8 into the Gemera's tighter bay. Once that happened, Koenigsegg said most customers switched to the V8 — reportedly a $400,000 option. "There were so few left that asked for a three-cylinder," he said, "we managed to convince almost all of them [to go for the V8 instead]. So for the time being, it [the Gemera] is V8 only. We could frame this as conservative buyers rejecting ingenious novelty, but that wouldn't be true. This is buyers giving up one ingenious novelty for another ingenious novelty with more familiar bragging rights. See, to get the Jesko's V8 to work, Koenigsegg engineers redesigned the castings, heads, intake, exhaust, and sump. They shelved the direct-drive transmission from the Regera they'd originally fitted, and created what they call the Light Speed Tourbillon Transmission (LSTT). This was an evolution of the nine-speed direct-drive Light Speed Transmission developed for the Jesko, but smaller, lighter, better. Then the whitecoats created a new six-phase e-motor to replace the original trio of three-phase Quark e-motors that had been paired with the TFG. This one motor to rule them all is called Dark Matter, designed as a blend of radial flux and axial flux topologies called "raxial." In the original powertrain, two of the Quark motors on the rear axle could each make a maximum 500 horsepower and 738 pound-feet of torque, the third Quark on the crankshaft made 400 hp and 369 lb-ft. Their combined output when working together rang in at 1,100 hp. The Dark Matter makes 800 hp and 922 lb-ft.
Junkyard Gem: 1971 Opel GT
Sat, Jul 27 2024Beginning in the late 1950s, General Motors made a serious push to sell cars made by its European subsidiaries in the United States. American Pontiac dealers got the Vauxhall Victor from the United Kingdom, while Buick dealers received the Opel Olympia from West Germany. Opel sales here became reasonably strong during the 1960s, and one of the most interesting Opels of all showed up in the United States as a 1969 model: the GT two-seat sports car. Here's a faded but still recognizable red GT found in a Northern California car graveyard recently. The Opel GT came out of a period of inspired GM designs that led to the Pontiac XP-833 Banshee and C3 Chevrolet Corvette; its most important styling influence was the Chevrolet Corvair Monza GT prototype of 1962. It was sold here for the 1969 through 1969 model years and was considered something of a mini-Corvette, sold alongside the mini-Camaro Opel Manta. The GT looked radical, but it shared its chassis design and running gear with the Opel Kadett (albeit with the engine moved nearly 16" to the rear). The Kadett connection made it cheap to build, and the MSRP for the 1971 GT was $3,339 (about $26,358 in 2024 dollars). The GT was powered by a cam-in-head 1.9-liter straight-four engine, rated at 90 horsepower and 111 pound-feet. The cam-in-head design was something of a mashup between an overhead-valve rig (with the camshaft in the engine block and actuating the valves via pushrods up into the cylinder head) and an overhead-cam design (with the camshaft in the cylinder head and directly actuating the valves). As this photograph shows with great clarity, the camshaft in a cam-in-head engine lives in the cylinder head but off to the side of the valves, actuating them with lifters shoving directly against good old pushrod-style rocker arms. The cam-in-head engine proved to be something of an evolutionary dead end, although Ford used its cam-in-head CVH straight-four in the U.S.-market Focus all the way through 2004. A four-speed manual transmission was standard equipment. A three-speed automatic was available as a $196 option ($1,547 after inflation). The GT had no decklid, which proved annoying in the real world. There was a carpeted area for cargo behind the rear seats. The hidden headlights didn't pop up, instead rotating 180° into position via a handle under the dash. The interior in this one is largely missing, and the body is in rough shape after decades of outdoor storage.
Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says
Thu, Jul 25 2024Â MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.
Genesis won't launch only EVs after 2025, plans a range of hybrids instead
Tue, Jul 16 2024Corroborating an earlier report, Genesis confirmed it's developing hybrid technology it plans to roll out across its range. The brand initially detoured gasoline-electric drivetrains to focus on EVs, but it realized its target audience is more open to going hybrid than to going electric. Speaking to Top Gear, company boss Mike Song confirmed the move on the sidelines of the Goodwood Festival of Speed. "Five years back, we anticipated that the EV era would arrive very quickly, and we really wanted to be a leader and a disruptor in the EV space. Electrification is still our vision. We still have 100%-electrified vehicles, but the market and the customers now want hybrid more than EV," he observed. His team's goal is to bring hybrid models to the market "as soon as possible." He stopped short of revealing which nameplate will inaugurate the hybrid system; regardless, it won't be the last. Song told Top Gear that "as many models as possible" will be offered with a hybrid option. Although it's not official, the aforementioned report sheds light on what the first hybrid Genesis could be powered by. Development work reportedly started in 2023, and the system is allegedly built around a 2.5-liter four-cylinder engine. It's likely not a plug-in system; it's either a 48-volt mild-hybrid setup or a standard hybrid drivetrain. It's too early to tell whether Genesis will ultimately offer different hybrid systems. Genesis could launch its first hybrid in 2025, so likely as a 2026 model. If that's accurate, it means the Hyundai-owned company's plan to launch exclusively electric cars starting in 2025 has changed. Nothing is official, but we wouldn't be surprised: softening demand for EVs in key markets, including ours, has convinced several carmakers to backpedal on previously-announced plans to go electric-only. Cadillac notably admitted that gasoline-powered cars will be sold alongside EVs" for a number of years" after pledging to go fully electric in 2030.
Ex-Rolls-Royce design chief Ian Cameron killed at home
Tue, Jul 16 2024Former Rolls-Royce design chief Ian Cameron, the man who oversaw the automaker's design renaissance with the Phantom and Ghost ranges, was stabbed to death at his home in Bavaria (translated) on July 12. German newspaper reports have identified a suspect via surveillance camera (translated) whom police say is the killer. Apparently, the man went shopping at a store less than a mile from Cameron's house, then changed clothes and showed up at Cameron's door. A surveillance image before the suspect gets to the house shows him wearing the items that neighbors described, notably light pants, a dark blue hoodie, a red backpack and "yellow-green gloves." Someone reportedly cut the wires on the home security system, the suggestion being that the suspect or someone else involved had cased the house for at least a few days. It's said the killer rang the doorbell, attacking as soon as Cameron opened the front door, stabbing the designer to death. Verena Kloos, Cameron's wife, escaped to a neighbor's house and called police. This is a bizarre incident. Reports have floated the motivation that the killer wanted one of the vehicles in Cameron's car collection at the Bavarian property. Instead of going after a car, though, the killer ran off in his distinctive outfit, staying in the open long enough for neighbors to give a detailed description. He then changed clothes and ditched the backpack on a lakeside promenade not far from Cameron's house. Strangest of all, the man apparently left the clothes near the backpack, and the backpack contained items the man had bought during his shopping trip before the murder. At the time of writing, police are searching throughout Germany but haven't caught the suspect. With a clear picture and a likely trove of DNA evidence, authorities have excellent leads. Anyone who can help is asked to get in touch with the Furstenfeldbruck Criminal Investigation Department at (+49) 8.14.16.120. Cameron's career started at Pininfarina in 1975, culminating in a greatest hits of designs while at BMW. He has exterior design of the third-generation Range Rover on his resume, as well as the BMW Z8. It was Cameron's Phantom, though, that helped create an entirely new Rolls-Royce after BMW bought the brand. CEO Chris Brownridge wrote on LinkedIn that "Ian played a significant role in shaping Rolls-Royce from when it was first acquired by BMW Group and moved to its home at Goodwood, West Sussex.
Koenigsegg pinpoints source of fire that flambeed a $3M Jesko Attack
Fri, Jul 5 2024The 70 or so road trippers who signed up for this year's 6to6 European tour were looking forward to taking off from Athens, Greece, then crossing eight countries and two mountain ranges on their way to Monaco. One entrant didn't make it out of Athens on the first day: Not long after leaving the hotel, a $3 million Koenigsegg Jesko Attack Nur Edition in raw carbon fiber with 24-karat gold accents caught fire while cruising through the city at low speed, turning into a bonfire that left little more than a pile of carbon shards melted to an engine. The Swedish carmaker had only delivered around 30 of the planned 125 Jeskos at the time. The Swedish mothership dispatched an engineer to bring the remains back to Sweden for an autopsy. In a post on Instagram, CEO Christian von Koenigsegg explained that the source of the fire was a leak in the car's pressurized hydraulic line.      View this post on Instagram            A post shared by KOENIGSEGG (@koenigsegg) He said the systems containing other flammable liquids were intact, those being the engine and gearbox oil systems, and fuel tank. "However," he wrote, "there was a streak of hydraulic fluid behind the car on the road. Given this we have investigated the pressurized hydraulic system, which is the only system that contains this fluid." Sure enough, that was the culprit, the hose found to be "compromised at the rear of the car." The company's checking the hydraulic system on every car that's been produced as well as those that have been delivered. It's also working on a software update that monitors hydraulic pressure and, in case of a leak, can shut the system down in less than a second. Based on the post date, that software should be on its way to cars or very close. Once the cars have been updated, Koenigsegg says they'll be safe to drive again. As for the two people in the car in Athens, they made it out unharmed. At the end of his post, Christian added, "We are also incredibly grateful to the owner of the car in Greece for giving us his continued support and that we will be able to supply him with a new car so he can continue his Koenigsegg journey." Here's a company whose customer service is almost as quick and comprehensive as its record-breaking cars. Oh, and cue the Facebook Marketplace profiteers: Autoblog Greece (no relation) reported someone put bits of raw carbon fiber up for sale, claiming without proof they'd come from the Jesko. Which makes total sense.
Editors' Picks June 2024: Some German SUVs and an excellent sports car
Fri, Jul 5 2024This month sees some recently-refreshed luxury SUVs join the list of Editors' Picks. Both the BMW X5 and Porsche Cayenne are fresh for 2024, and both are extremely tempting luxury performance SUVs for the well-off buyer. The vast array of powertrains available for both of them ensure there's a version for all comers, and any enthusiast would adore the extra-high-performance versions of both. Of course, enthusiasts will enjoy the last car on this month's list the most with the Lotus Emira. It's simply spectacular to drive, and we can't recommend it enough to the hardcore driver. In case you missed previous Editors' Picks posts, here’s a quick refresher on whatÂ’s going on here. We rate all the new cars we drive with a 1-10 score. Cars that are exemplary in their respective segments get an EditorsÂ’ Pick designation. Those are the ones weÂ’d recommend to our friends, family and anybody whoÂ’s curious and asks the question. You'll find the entire list of Editors' Picks at this link here, which we keep updated as cars are either added or dropped from the list. The vehicles youÂ’ll find below consist of every car we rated in June that earned an EditorsÂ’ Pick. 2024 BMW X5 2024 BMW X5 M Competition View 41 Photos Quick take: The X5 is most desirable in its PHEV and M60i V8 trims, but the whole lineup is extremely competent and brings together excellent performance, excess luxury and cutting-edge tech for its segment. Score: 7.5 What it competes with: Mercedes-Benz GLE, Porsche Cayenne, Range Rover Sport, Maserati Levante, Genesis GV80, Audi Q8 Pros: Superb to drive with knockout powertrains; excellent utility and creative features; styling is sporty and attractive but not over the top Cons: Infotainment system can be a pain; M Competition model is a little over the top; gets pricey quick with options From the editors: Senior Editor, Electric John Beltz Snyder — "I really like the dual-opening liftgate/tailgate combo. The liftgate portion up top opens quickly, allowing you to throw something inside or grab something out of the back. Flipping down the lower tailgate part gives you a nice place to sit and change shoes. Another benefit is that you can open the liftgate without unsecured items immediately falling out. And with the way the X5 M Competition encourages you to drive it hard, you will end up shifting loose cargo around at some point." Road Test Editor Zac Palmer — "I'd snag the X5 M60i out of all the various X5 variants.
Maserati GranCabrio Folgore Tignanello is a wine-themed drop-top
Fri, Jul 5 2024Maserati is celebrating two of Italy's best-known exports, cars and wine, with a one-off version of the electric GranCabrio Folgore named Tignanello. The convertible was created by the brand's Fuoriserie department to celebrate 50 years of a type of wine called Tignanello. The one-of-a-kind GranCabrio was built for an Italian wine company called Marchesi Antinori, and Maserati explains that its designers were inspired by vineyards. It starts with the paint: the convertible is finished in a wine-esque shade of red called Terra di Tignanello that was created specifically for it. Flat-black 20-inch wheels, gloss-black brake calipers, and a black soft top add a touch of contrast to the look. More vineyard-inspired details are found inside. The seats are upholstered with a blend of beige leather and burgundy Vegea, which is a biomaterial made from the stalks, skins, and pips of grapes — in a way, you're sitting on wine. The stripes on the seats echo the rows of vines in a vineyard, while the dark briar wood trim is inspired by the printing burned into the oak barrels used to age Tignanello wine. You can also learn a thing or two about the wine's history: historical details are lasered into some of the trim pieces, though they're written in Italian. Power comes from three electric motors that draw electricity from a T-shaped, 92.5-kilowatt-hour lithium-ion battery to zap the four wheels with 750 horsepower and 995 pound-feet of torque. Maserati pegs the 5,200-pound GranCabrio's zero-to-60-mph time at 2.8 seconds. If you like wine as much as you like Italian cars, it's not too late to put the GranCabrio Folgore Tignanello in your garage. It will be auctioned off on July 14 at the Festival Napa Valley Arts for All Gala taking place on July 14 in California. The proceeds will be donated to charity. Pricing for the regular-production GranCabrio Folgore starts at about $205,000, but the one-off should sell for considerably more.
Volvo's EX30 woes, Rivian's big deal and the return of 'Crazy Taxi' | Autoblog Podcast #839
Wed, Jul 3 2024In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Byron Hurd for a tight episode sure to make your holiday travel that much more vehicularly simulating. They start off with some updates on their recent drives. Greg has been in the 2024 Range Rover Velar and the 2024 Mercedes-Benz EQE SUV. Meanwhile, Byron just got the long-term 2023 Subaru WRX back from the shop with a pile of STI accessories installed — including a boomy new exhaust system! After that, it's on to news. The big items this week are the latest from Rivian, Volvo's EX30 launch drama and the return of an old-school automotive video game franchise: Crazy Taxi! After that, it's time to spend your money — with a twist! Autoblog Podcast #839  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 Volvo's European EX30 launch plagued by software issues, refunds Rivian's big deal Crazy Taxi returns! What we're driving Mercedes-Benz EQE SUV Range Rover Velar Long-term 2023 Subaru WRX Spend my money! 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: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Podcasts Toys/Games Land Rover Mercedes-Benz Subaru Volvo SUV Hybrid Luxury Rivian
Watch a Koenigsegg Jesko break four speed records in one pass
Tue, Jul 2 2024In 2017, Juan Pablo Montoya drove a Bugatti Chiron from standstill to 400 kilometers per hour (249 mph) and back to standstill in 41.96 seconds. A month later, Koenigsegg took more than five seconds off that record with an Agera S, and then, another month after that, pruned another three seconds with the same car, stopping the watch in 33.29 seconds. The Swedes, feeling they still had time to shave, took their hybrid Regera to an airfield in Orebro, Sweden, in 2019 and ran off a 31.49 time for the 0-400-0 test. Rimac jumped into the ring last year, using a test track in Germany to break 23 records in a day with its Nevera, along the way doing the 0-400-0 in 29.94 seconds. Koenigsegg couldn't let that stand, dusting off a Regera to reclaim the record with a 28.81. The headline of this post tells you what happened next: Koenigsegg hit up that Orebro airstrip with a Jesko Absolut fitted with Racelogic timing gear, and reeled off a 0-400-0 time of 27.83 seconds. And with that single pass, on top of breaking its own record, Koenigsegg broke three other records, too.  It's interesting to note we're down to an all-wheel-drive battery-electric coupe with 1,888 horsepower and 1,726 pound-feet of torque against a rear-wheel-drive pure internal combustion coupe with a twin-turbocharged 5.0-liter V8 making 1,577 hp and 1,105 lb-ft on E85 (it makes 1,262 hp on regular pump gas). Both wore the same Michelin Pilot Sport Cup 2 R tires for their respective runs. Rimac says the Nevera's coefficient of drag in low-drag mode is 0.3, Koenigsegg reports effectively the same but with more decimals at 0.278. The marquee difference is that the Nevera weighs a claimed 5,071 pounds, the Jesko Absolut a claimed 3,064 pounds with fluids.  The only changes Koenigsegg made to the Jesko for the run were adding a roll cage, and giving company development driver Markus Lundh a seat from the Koenigsegg One:1, which he prefers. In addition to the 0-400-0 record, Lundh set records for hitting 400 kph (249 miles per hour) in 18.82 seconds, for hitting 250 mph in 19.20 seconds, and for the 0-250-mph-0 challenge of 28.27 seconds. Lundh touched 256 mph during the blast.
Refreshed 2026 Genesis Electrified G80 greets the public in Busan, Korea
Sat, Jun 29 2024Genesis made sure to spread the word about its virtual high-performance concept called X Gran Racer VGT designed for Gran Turismo that debuted at the 2024 Busan International Mobility Show. Turns out that elsewhere on the floor, Genesis launched its updated Electrified G80 sedan. This refresh comes seven months after Genesis showed the updated internal-combustion-powered G80 in Korea, bringing mostly cosmetic and comfort updates as well as an upgrade for the powertrain. The automaker extended the wheelbase by 5.1 inches, adding most of that room to the second row. The extra space permits a slightly larger battery pack, going from 87.2 kWh to 95.4 kWh. We'll find out how many miles that adds to the current car's 282-mile range when Genesis brings the car here; the sedan being given a 2026-model-year designation makes that timing pretty fuzzy. The roomier rear quarters deliver a second perk for those being driven, since they get new VIP seats with leg rests and a memory function, and an EasyClose system to haul the doors shut with push buttons. Genesis has also put a deployable curtain ahead of the back window, although it's not clear if that will be standard or optional equipment assuming the feature makes it here. Elsewhere, starting at the front, the Micro Lens Array headlights that grace the refreshed gas-engined G80 appear next to the subtly reshaped crest grille. Inside that frontispiece, the charge plug door is now powered, a feature we would have expected on the sedan at launch three years ago. Below, a revised lower intake terminates at both ends with in a set of doubled-up, chrome-lined brackets. In back, designers smoothed the rear bumper and reworked the chrome trim lines that start at the rear wheel arches and run around the back of the sedan. The car rests on a set of new 19-inch wheels, too. Inside, the updates we've seen in the G80 like the dished, three-spoke steering wheel and 27-inch OLED display. The car's expected to launch in its home market in August, we'll look for news on our market after that.
Maserati Tridente by Vita Power First, Um, Cruise Review: Today on Aquablog
Sat, Jun 29 2024LAKE MAGGIORE, Italy — MaseratiÂ’s Trident logo gets three-pronged inspiration from the famous fountain of Neptune in Bologna, where the automaker got its start in 1914 before packing up and moving to Modena. And a symbol that denotes mastery over the water is appropriate for the all-electric motorboat that floats us in style around ItalyÂ’s Lake Maggiore. Beckoning dockside, the Tridente is a 10.5-meter superyacht tender, the boat that takes you to a bigger boat. But itÂ’s also fine for swanky solo cruises on lakes or ocean coasts, with a roughly 50- to 70-kilometer range (31 to 43 miles). The design collaboration between Maserati and Vita Power, a marine tech company founded in 2017, features a fast DC charging system that Vita claims as an industry first. To make that practical, Vita has been creating charging infrastructure in key locales, including along the French Riviera, San Francisco Bay, New York and a plug here in Lake Maggiore, about an hour north of Milan. We hop aboard the Tridente, the aforementioned logo emblazoned on a bow deck formed from ribbed composite. The molto bene motorboat features a carbon-fiber hull that helps hold a total weight around 5 tons. As with automobiles, thatÂ’s decisively more mass than a comparable ICE-powered boat, thanks to a 250-kilowatt-hour battery pack thatÂ’s big enough to make a Hummer EV blush. We depart the dock and head for Isola Bella, an island that floats a 17th-century palazzo — a summer home for the aristocratic House of Borromeo, which produced several cardinals and one pope — and a baroque Italian garden of over-the-top splendor. I take a spot on a wide, comfy daybed near the stern, and experience the key talking point of any electric watercraft: A welcome lack of diesel or gasoline stink wafting over passengers — notoriously amplified should one experience seasickness — and the ability to hold a conversation without shouting over an ear-rending marine ICE powertrain. Of course, that also means no rainbow petroleum slicks floating in your wake and despoiling the marine environment. Our pilot makes sure IÂ’m hanging on before he punches the throttle, backed by a pair of generous screens that display everything from nav charts to Netflix. Despite its weight, the Tridente proves a punchy beast. A twin-prop arrangement and proprietary control software allows anywhere from 100 to 600 horsepower.
Maserati GranCabrio First Drive Review: Want an electric convertible? This is it
Fri, Jun 28 2024LAKE MAGGIORE, Italy — Driving the Maserati GranCabrio Folgore on its picturesque home turf, and studying MaseratiÂ’s press materials, IÂ’m convinced the Italian automaker has buried the lede. Especially when every auto journalist is questioning a pricing strategy that finds some GranTurismo coupes and GranCabrio convertibles brushing past $200,000. That gets into Cloud 9, Bentley-and-Aston-Martin territory. To counter the whispers, hereÂ’s the part IÂ’d be shouting about: The GranCabrio Folgore is the worldÂ’s first and only luxury electric convertible. That alone might intrigue some free-spending, first-on-their-block buyers. Then, Exhibit B: Like the plug-in GranTurismo coupe, the convertible will out-accelerate any rival Bentley Continental GT or Aston DB12, a margin that grows positively yawning as speeds climb. A rocking 750 horsepower and rock-crushing 995 pound-feet of torque will do that. This Italian job is also noticeably more agile and connected to the road than the isolated Bentley droptop, and easily on par with AstonÂ’s best GTs. That includes a gasoline Trofeo version whose 4,316-pound curb weight undercuts a GT Speed convertible by more than 1,100 pounds; mated to 542 horses from its twin-turbo, 3.0-liter Nettuno V6, a detuned version of the engine in the MC20 supercar. This Italian sexpot is arguably a prettier car than the Bentley, and nearly as head-turning as the Aston, judging by public reaction to our convoy of beautifully painted models: Rose gold was a knockout specimen, along with a deep blue with metallic flake called Night Interaction, a burnt orange and a sizzling red. Anything but bright yellow, grazie. The Maserati also carves out more passenger space than the British duo. ItÂ’s a legitimate four-seater with room for two adults in back — after a bit of space-sharing from front-seaters — versus a Bentley or Aston whose back seats are glorified parcel shelves. Finally, the MaseratiÂ’s vividly realized electric powertrain advances the tech future, where Bentley and AstonÂ’s relatively pokey corporate V8s are rooted firmly in the past. So thatÂ’s four objective wins for the Maserati, in key areas I assumed auto journalists also cared about: Power and acceleration, sporty handling, interior space and technology. Honestly, the BentleyÂ’s only decisive win is its gorgeously wrought London library that doubles as a car interior. The AstonÂ’s cabin also tops the MaseratiÂ’s in materials and execution.
Genesis X Gran Racer VGT concept unveiled for Gran Turismo
Thu, Jun 27 2024Hyundai-owned Genesis now has another supercar in its portfolio — if you play Gran Turismo, that is. The brand traveled to the 2024 Busan International Mobility Show held in South Korea to unveil a virtual high-performance concept called X Gran Racer VGT designed for gaming. The low-slung coupe was developed as a follow-up to the X Gran Berlinetta unveiled in December 2023, but it's part of the company's new Magma range of performance cars which explains the eye-catching orange paint. While the two cars are clearly related, the X Gran Racer VGT gets a more muscular-looking body kit characterized by a bigger front splitter, new side skirts, a massive rear wing and an air diffuser. In the real world, the X Gran Berlinetta could pass as the street-legal model while the X Gran Racer VGT would be the track-only model. Both cars share a basic cabin layout, but the Gran Racer features carbon fiber trim, a racing steering wheel with three dials, and a slanted center console with a series of toggle switches. Genesis also added a fully integrated roll cage and stronger crossbeams in the doors. Power comes from a gasoline-electric hybrid system that consists of a front-mid-mounted V6 engine fitted with an electric supercharger and a front-mounted electric motor. This is the same drivetrain that was fitted to the X Gran Berlinetta but it's considerably more powerful: its total output checks in at 1,540 horsepower and 1,051 pound-feet of torque, up from 1,071 and 986, respectively, in the earlier concept. Genesis says that the X Gran Racer VGT will appear in a Gran Turismo game, though a timeline hasn't been released yet. Related Video:  Genesis reveals the X Convertible out on the beach in Malibu #shorts This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Check out the classic cars that the Bugatti Tourbillon traces its roots to
Wed, Jun 26 2024MOLSHEIM, France — Bugatti unveiled the new, 1,800-horsepower Tourbillon at its historic headquarters in Molsheim, France. While the Chiron's successor was the uncontested star of the show, the brand displayed an impressive selection of classics to give attendees a glimpse into every facet of its past. The roster included grand prix-winning race cars, ultra-luxurious sedans, elegant coupes, and even a small, city-friendly electric car. Enthusiasts tend to associate the Bugatti name with hypercars, but there's more to the brand than four-digit horsepower figures and speed records. In the late 1920s and early 1930s, the company made one of the most luxurious cars in the world: the Type 41, which is also known as the Royale. It stretched 252 inches from bumper to bumper in its longest configuration (several body styles were available) and its wheelbase measured nearly 170 inches; I've owned cars that were shorter than that. Power came from a 12.8-liter straight-eight engine. Pictured in our gallery above, the example Bugatti displayed at the Tourbillon unveiling features 24-inch wheels, the famous "Dancing Elephant" hood ornament, and a closed rear cabin with windows made of reinforced glass. The front compartment is always open, and the rear passengers could talk to the driver using an intercom system called a Motor Dictograph. The behemoth of an engine made about 300 horsepower at 1,800 rpm, which was enough to unlock a top speed of about 124 mph — that was a supercar-worthy figure a century ago. Bugatti has explored the more family-friendly side of its heritage on several occasions over the past few decades, though none of its projects have reached production. In the 1990s, when the brand was owned by Romano Artioli and based in Italy, it experimented with a Giorgetto Giugiaro-designed super-sedan called EB112 and powered by a 6.0-liter V12. In 1999, after joining the Volkswagen Group, Bugatti showed a four-door, W18-powered concept called EB218. Ten years later, the 16C Galibier made its debut as a potential follow-up to the Veyron. Racing has been part of Bugatti's DNA for over 100 years; it has won major events like the Targa Florio and the 24 Hours of Le Mans. Four vintage race cars illustrated this part of its heritage at the unveiling, including a surprisingly futuristic model from 1923 called Type 23 and nicknamed Tank. Take a look at its bodywork and you'll immediately understand why.
As Fisker heads toward liquidation, creditors fight over assets
Sat, Jun 22 2024NEW YORK — Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first. Fisker filed for bankruptcy protection in Delaware on Monday after burning through cash in an attempt to ramp up production of its Ocean SUVs. The company initially said it would seek additional financing and continue "reduced operations," but Fisker's attorney Brian Resnick said at the hearing in Wilmington the company does "not currently anticipate being able to obtain financing." Resnick told U.S. Bankruptcy Judge Thomas Horan that the company planned to liquidate its assets, and it has reached a tentative deal with a single buyer for all of its 4,300 vehicles. The California-based company, founded by automotive designer Henrik Fisker, was never profitable, with about $273 million in revenue in 2023 and a net loss of $940 million. Fisker owes over $850 million to two groups of bondholders, and attorneys for the larger group accused a minority faction led by Heights Capital Management of seizing control of Fisker's debt in November through a "suspect" transaction with Fisker. At the time, Fisker was late in providing audited financial statements due under its debt agreements, and Heights used that "minor, technical default" to claim all of Fisker's assets as collateral on its bonds, Alex Lees, an attorney for other bondholders, said. "They basically handed the whole business over to Heights," Lees told Horan. "Fisker has been liquidating outside of this court's supervision, basically for one creditor's sole benefit." Lees said that Fisker should have filed for bankruptcy in November. His group intends to challenge the November agreement that put Heights at the front of the line for repayment in Fisker's bankruptcy, Lees said. Heights' attorney Scott Greissman said Lees' claim was "outrageous" and that Heights tried to help Fisker survive. "There may be a lot of disappointed creditors, but none more than Heights," Greissman said. Greissman said the expected sale of Fisker's fleet would pay only a "fraction" of Heights' $185 million in debt. That would leave little hope of repayment for other creditors. Linda Richenderfer, an attorney for the U.S.
These are the cars being discontinued for 2024 and beyond
Fri, Jun 21 2024While we get new and updated car models every year, its inevitable that we'll need to say goodbye to some nameplates as well. This time around, it feels like we have confirmation or reports of an unusually large number of vehicles being discontinued in 2024 and the coming years. We shouldn't be surprised. A large number of automakers are approaching their various target dates for electrification of their fleets. As such, some beloved internal combustion cars are going away, sometimes with appropriate fanfare like special editions. Others are slinking away quietly, killed by slowing sales and changing consumer trends. Of course, the end of production doesn't necessarily mean permanent death. Some of these models could be resurrected in later years ... and probably as an EV. With that in mind, here are the vehicles that are being discontinued in 2024 and beyond.  Alfa Romeo Giulia Quadrifoglio and Stelvio Quadrifoglio Alfa Romeo ended the production of its combustion-only Quadrifoglio models in April 2024 as the Italian automaker moves toward an electrified future. This isn't the end of the Quadrifoglio entirely, though, with Larry Dominique, Alfa Romeo senior vice president and head of North America, writing, "I look forward to presenting the next chapter in the four-leaf clover’s journey."  Chevrolet Camaro GM is ending production of the Chevy Camaro after 2024, but is sending it off in style with a CollectorÂ’s Edition. WouldnÂ’t it be cool, though, if Chevy brought it back as an EV?  Chevrolet Malibu Rumors of its demise have been around for a while, but now itÂ’s official. GM will end production of the Chevy Malibu in November of 2024. The assembly line in Kansas will be retooled to build the replacement for the Chevy Bolt.  Dodge Durango The three-row Durango is slated to be replaced by the Stealth nameplate after 2024. The Durango name could make a comeback later, according to rumors, on a body-on frame SUV based on the Jeep WagoneerÂ’s platform.  Ford Edge This is the last year for the Edge in the U.S., with the final unit rolling off the assembly line in April. On sale since 2007, the Edge topped 100,000 sales in all but three full years of production.  Ford Escape Newly refreshed for the 2023 model year, FordÂ’s popular Escape compact SUV is reportedly taking its leave in 2025 in order to usher in — you guessed it — an EV in its place.
Lamborghini Huracan Sterrato and GMC Acadia driven | Autoblog Podcast #837
Fri, Jun 21 2024In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Electric, John Beltz Snyder. They're both jazzed after driving the off-road-ish and totally sublime Lamborghini Huracan Sterrato. John recently drove the new GMC Acadia, Greg spent some time in the Toyota Camry, and they also discuss Autoblog's long-term Subaru WRX. In the news, the Porsche 918 Cayman and Boxster are reportedly ending production, while it's officially the end of the road for the Nissan GT-R and Volvo S60. Fisker has officially filed for bankruptcy. Cadillac has shown off a couple cool Blackwing special editions in honor of Le Mans. Finally, we reach in the mailbag and help a listener pick a sporty convertible in this week's Spend My Money segment. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #837 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 Cars we're driving: 2024 Lamborghini Huracan Sterrato 2024 GMC Acadia 2025 Toyota Camry Long-term 2023 Subaru WRX Porsche 718 Cayman and Boxster allegedly end production in October 2025 2024 Nissan GT-R the final year for the U.S. market 2025 Volvo S60 the last model year for the sedan in the U.S. Fisker files for Chapter 11 bankruptcy 2025 Cadillac CT5-V Blackwing 'Le Monstre' and CT4-V Blackwing Petit Pataud limited editions celebrate Le Mans Spend My Money 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: Podcasts Cadillac Fisker GMC Lamborghini Nissan Porsche Subaru Toyota Volvo Coupe Crossover SUV Electric Hybrid Luxury Off-Road Vehicles Performance Supercars Sedan
Freelander name making jump from old Land Rover model to new EV brand
Fri, Jun 21 2024The Jaguar Land Rover House of Brands is about to grow by one. JLR signed a Letter of Intent to license a new brand called Freelander to its Chinese joint-venture partner of 12 years, Chery. For those who missed it, Land Rover sold a compact four-wheel-drive model called the Freelander or LR2, depending on market and generation, from 1997 to 2015. The Freelander didn't get the best press, but that didn't stop it from being popular because, before the Evoque, it was the least expensive way to get into something bearing the green oval. The moniker's rebirth will also apply to "mainstream" products, this time pure-electric vehicles outside of JLR's or Chery's current lineups. What's more, the Freelander range won't be limited to China, although JLR wouldn't say how long it would be before international markets could expect Freelander arrival. They new cars will be designed by teams from both automakers and sit on Chery's E0X battery-electric architecture. Car News China reports that the E0X can support an 800-volt architecture, Level 3 autonomous driving, and air suspension setups. The platform also plays nice with range-extended EVs, a powertrain type enjoying the same upswing in popularity over there as in other markets. Autocar writes that extended-range EV sales from January 2023 to September 2023 rose 157% over the same span in 2022. Chery's Luxeed R7, above, sits on E0X bones. The Luxeed R7 EV comes in single- and dual-motor variants from 288 horsepower to 489 hp, and offers a maximum range of 531 miles on the Chinese cycle. Previous to this new announcement, Chery said it would also share its M3X platform with the Chery Jaguar Land Rover collaboration, the vehicle structure said to have been developed with Magna International. The M3X is suited to internal combustion and PHEV powertrains. JLR's press release specifies that for now, Freelander will be "an advanced portfolio of electric vehicles," so it's possible future Freelanders will expand powertrain options once the electric lineup gains momentum, or the M3X might be applied to a different set of products.