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By Drew Dowdell
Porsche Reports April U.S. Retail Sales
First four months up 2.7 percent ahead of new Macan, 911, electric TaycanAtlanta, Georgia. Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced April retail sales of 5,018 vehicles. The total was an increase of 5.0 percent from March but down 9.9 percent from a record April 2018. The primary reason for the year-over-year decline was the transition to the new Macan, the best-selling Porsche model that is due in U.S. dealerships this month.
U.S. retail sales in the first four months were 2.7 percent ahead of the same period in 2018, which itself was the seventh record retail year in a row for PCNA.
“We are already feeling the excitement for the refreshed Macan and later this year for the eighth generation of the iconic Porsche 911,” said Klaus Zellmer, President and CEO of PCNA. “In September we will unveil the first all-electric Porsche, the Taycan, so all in all we have a thrilling year to look forward to along with our 191 U.S. dealer partners.”
April results were driven by strong demand for the new Cayenne, with a notable 86.1 percent increase compared to April 2018. The mid-engine 718 Boxster and 718 Cayman together were up 1.3 percent from a year ago.
Porsche Approved Certified Pre-Owned (CPO) sales in the U.S. totaled 1,975
vehicles in April, up 9.4 percent year-over-year.
Model April Sales Year-to-Date 2019 2018 2019 2018 ALL 911 655 804 3,549 3,315 ALL 718 612 604 1,277 1,956 ALL PANAMERA 992 1,026 2,690 2,942 ALL CAYENNE 1,645 884 7,204 4,171 ALL MACAN 1,114 2,252 5,322 7,140 GRAND TOTALS 5,018 5,570 20,042 19,524 -
By Drew Dowdell
Ford announced today that it would be investing $500 million in Electric Vehicle startup Rivian. The move will gain Ford access to Rivian's flexible skateboard platform. Ford will co-develop the vehicle with Rivian and will join the already planned Ford F-150 EV and a Mustang inspired crossover EV. Ford will provide Rivian with industrial expertise and resources.
Rivian will remain an independent company and the investment is subject to regulatory approvals.
Rivian has shown concept versions of the Rivian R1T, an electric pickup and Rivian R1S SUV at the Los Angeles Auto Show. It plans to put these vehicle into production at its plant in Normal Illinois.
Ford's investment comes just two months after Rivian landed $700m in investment commitments from Amazon and others. The talks between Rivian and General Motors have apparently collapsed.
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By Drew Dowdell
According to an article in Automotive News, Toyota plans to move the Tundra and Tacoma to a shared platform, internally called "F1". The platform is to be used globally and will require a bit of modularity. The platform is said to be nearing completion and the next Tundra could be debuting for the 2021 model year.
The Tacoma will likely join later as it was redesigned in 2015 and given a refresh for 2020 at the Chicago Auto Show along with a bunch of other TRD models like the Sequoia TRD Pro.
For US consumption, all Tundras and most Tacomas are built at the company's San Antonio, Texas plant. Moving to a single platform would make things easier and cheaper on Toyota. But what of the other SUVs built on the same platforms? The Sequoia is largely based on the Tundra and the 4Runner is related (distantly) to the Tacoma. Those vehicles would likely be refreshed right behind the trucks. In any case, Toyota is planning on putting some electrification into the new platform.
View full article
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By Drew Dowdell
According to an article in Automotive News, Toyota plans to move the Tundra and Tacoma to a shared platform, internally called "F1". The platform is to be used globally and will require a bit of modularity. The platform is said to be nearing completion and the next Tundra could be debuting for the 2021 model year.
The Tacoma will likely join later as it was redesigned in 2015 and given a refresh for 2020 at the Chicago Auto Show along with a bunch of other TRD models like the Sequoia TRD Pro.
For US consumption, all Tundras and most Tacomas are built at the company's San Antonio, Texas plant. Moving to a single platform would make things easier and cheaper on Toyota. But what of the other SUVs built on the same platforms? The Sequoia is largely based on the Tundra and the 4Runner is related (distantly) to the Tacoma. Those vehicles would likely be refreshed right behind the trucks. In any case, Toyota is planning on putting some electrification into the new platform.
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By Drew Dowdell
Porsche Reports Record U.S. Retail Sales in March
First quarter sales are up 7.7 percent compared to 2018Atlanta, Georgia. Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced March retail sales of 4,779 vehicles, a new all-time high for the month. Following record months in January and February, sales for the first quarter are up 7.7 percent from a year ago to 15,024 vehicles sold.
“It has been a month of celebrations for Porsche. First, we claimed the No.1 spot in the 2019 J.D. Power Customer Service Index Study, followed by a record March. This is a testament to our 191 U.S. dealers and their employees, who help ensure our customer experience lives up to the same superb quality as our cars,” said Klaus Zellmer, President and CEO of PCNA. “I am grateful customers are already showing this level of Porsche passion at the start of an amazing year that will feature a new 911, a refreshed Macan, and our first purely electric sports car, the Taycan.”
March results were driven by strong demand for the new Cayenne, with a notable 76.2 percent increase compared to March 2018. Porsche 911 deliveries were up 15.3 percent year-to-date to 2,894, ahead of the next-generation’s arrival later this year.
Porsche Approved Certified Pre-Owned (CPO) sales in the U.S. totaled 2,280
vehicles in March, up 12.6 percent year-over-year.
Model March Sales Year-to-Date 2019 2018 2019 2018 ALL 911 803 883 2,894 2,511 ALL 718 239 489 665 1,352 ALL PANAMERA 703 704 1,689 1,916 ALL CAYENNE 1,647 934 5,559 3,287 ALL MACAN 1,387 1,746 4,208 4,888 GRAND TOTALS 4,779 4,756 15,024 13,954
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