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How new car shortages may impact your buying experience

If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.

Autoblog Minute: New Civic, FCA UAW Agreement, Frankfurt

FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Show full video transcript text [00:00:00] FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. FCA reached a tentative labor agreement with UAW leadership. The major focus of the new deal reportedly includes: the eventual elimination of the two-tier pay scale [00:00:30] and pooling worker health care. Now that a leadership agreement is in place, the deal will be sent to FCA's rank-and-file. FCA has about 36,000 hourly employees. We got a first look at the interior and exterior of the 10th-generation Civic. Honda expects the new sedan to dominate the C-segment when it hits dealerships later this fall. Civic coupe, five-door hatchback, Si and Type R will all come later. The 2015 Frankfurt Motor Show is in the books and there was a lot of news to get excited about. [00:01:00] Porsche introduced a fully electric concept car in the Mission E. If they make this car, Porsche could give Tesla nightmares. We also saw SUVs from Jaguar and Bentley. There were two beautiful Italian convertibles from Ferrari and Lamborghini. Meanwhile, Mercedes introduced a concept of their own in the IAA - a vehicle that experiments with adaptable aerodynamics. Those are the highlights from the week that was. Be sure to check out my full recap this Saturday. Plus we'll have some added insight on General Motors' deal to [00:01:30] avoid federal prosecution. For Autoblog, I'm Greg Migliore. 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. UAW/Unions Frankfurt Motor Show Bentley Chrysler Ferrari Honda Jaguar Lamborghini Mercedes-Benz Porsche Rolls-Royce Tesla Convertible SUV Concept Cars Electric Supercars Autoblog Minute Videos Original Video porsche mission e concept

2019 Hyundai Veloster N vs. hot hatch rivals: How they compare on paper

The highly anticipated top-rung of the Veloster line, the 2019 Hyundai Veloster N, is on the verge of hitting dealers. And the company has finally dropped all the specifications, and perhaps most importantly, the car's official pricing that starts at $27,785. So you know what that means: it's time to see how it stacks up to the competition. The Veloster N falls into an interesting niche in the hot hatch world. It's the most potent of its model line, but it's not as powerful as vehicles such as the Civic Type R, Focus RS and Golf R. But it also doesn't have the price of those cars. As such, we decided to compare it with other sub-$30,000 sport compacts. We examined each car's power, fuel economy, size and pricing. You can see all the vital statistics in the chart below, as well as additional photos and analysis after that. As always, specifications only tell so much, so be sure to check out our detailed reviews of these cars. Also be sure to check out our comparison tool if you want to compare these with other models. Engines, transmissions and performance Three of these cars are impressively close in output, and one is, well, not. The Veloster N Performance Pack is the clear horsepower champion with 275 ponies. Second place for power is almost tied, with the Focus ST's 252 horses edging out the standard Veloster N's 250. The Focus ST also boasts the most torque at 270 pound-feet. The GTI nearly matches both Velosters with its 258 pound-feet, but its 228 horsepower is far behind the Korean and American entries. The Civic Si lags far behind with just 205 horsepower and 192 pound-feet of torque from the only 1.5-liter engine here. The rest use 2.0-liter engines. 2019 Hyundai Veloster N View 47 Photos Every vehicle here sends its power to the front wheels, and three of the four do so exclusively with 6-speed manual transmissions. That means that if you don't want to work a clutch, your only option is the VW GTI. It offers a 7-speed dual-clutch transmission, which, like all VW Group dual-clutch units, is really smooth and fast. While the Civic Si is at the back of the pack in terms of power, it does make up for it somewhat with excellent fuel economy. It's capable of hitting 38 mpg on the highway, and city mileage is rated at a solid 28 mpg. The Veloster N is at the back of the pack here, with its highway mileage the same as the Civic's city economy. Its city fuel economy is just 22 mpg.