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Buick News: 2016 Buick Cascada Priced At $33,990

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A few months before the Buick Cascada hits dealers, the brand has announced pricing for their upcoming convertible.

 

The base Cascada will come with a pricetag of $33,990 (includes destination) and feature a turbocharged 1.6L four-cylinder with 200 horsepower and 206 pound-feet of torque (221 pound-feet with overboost), and comes with a six-speed automatic only. Standard equipment includes twenty-inch wheels, rear park assist, backup camera, seven-inch touchscreen with Buick IntelliLink, a seven-speaker sound system, remote start, and heated leather seats and steering wheel.

 

A Cascada Premium comes in at $36,990 and adds forward collision alert, lane departure warning, rain sensing wipers, and air deflectors.

 

“Cascada expands Buick’s lineup with a uniquely fun and personal driving experience. With a lower price than key competitors, it also promises to shake up the segment – and look good doing it,” said Duncan Aldred, vice president of Buick.

 

Source: Buick

 

Press Release is on Page 2


 

Buick Cascada Priced at $33,990

  • Well-equipped convertible offers high levels of standard content, technology


DETROIT – The top-down driving experience of the 2016 Cascada – Buick’s first convertible offered in the United States in 25 years – is priced at $33,990.

 


When it goes on sale early next year, the Cascada will offer more standard content, a more powerful standard engine and a lower starting price than the Audi A3 Cabriolet.

 

“Cascada expands Buick’s lineup with a uniquely fun and personal driving experience,” said Duncan Aldred, vice president of Buick. “With a lower price than key competitors, it also promises to shake up the segment – and look good doing it.”

 

The 2016 Cascada – designed from the ground up as a convertible – comes well-equipped in a 2+2 configuration, with room for four adults. Performance is rooted in a 200-horsepower (149 kW) turbo engine, backed by a six-speed automatic transmission, with Buick’s sophisticated HiPer Strut front suspension and a Watts Z-link rear suspension standard.

 

Additional standard features:

  • Acoustically and thermally insulated electro-hydraulic power roof that lowers in only 17 seconds at speeds up to 31 mph
  • High-intensity discharge, articulating headlamps and front LED daytime running lamps; and LED taillamps
  • Automated, spring-loaded and pyrotechnically activated rollover bars behind the rear seat that are linked to the air bag system
  • IntelliLink system with 7-inch-diagonal color touchscreen
  • Navigation radio and seven-speaker premium audio system
  • Rear Vision camera
  • Remote start
  • Dual-zone climate control
  • Front and rear 12-volt power outlets
  • Heat-reflective leather-appointed seating
  • Heated front seats with eight-way power adjustments
  • Heated, leather-wrapped three-spoke steering wheel
  • Twenty-inch aluminum wheels with bi-color finish
  • Electric power steering
  • Rear Park Assist


A Cascada Premium model, priced at $36,990, adds:

  • Forward Collision Alert
  • Lane Departure Warning
  • Automatic headlamp control with tunnel detection
  • Front and Rear Park Assist
  • Rainsense automatic windshield wipers
  • Twenty-inch wheels with “diamond graphic” bi-color finish
  • Front and rear air deflectors.


The Cascada also offers plenty of storage space, including 13.4 cubic feet of cargo room with the top up and 9.8 cubic feet with the top down, as well as a 22.4-inch x 12.6-inch (320 mm x 570 mm) pass-through from the trunk to the passenger compartment. When the 50/50-split rear seat is folded, longer items such as skis and wakeboards can be stowed inside.


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A nice little runabout. Would be nice to have more than six speeds for mid-30 grand. But hunting bimmers ain't what this thing's all about.

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Not sure standard 20 inch wheels is a good idea, 20's usually aren't the best for ride quality, especially on a smaller car, plus I bet the tires are expensive to replace.

 

They priced it higher than the Eos and that doesn't sell.  I think the Cascada looks better, but I probably would have priced it $2,000 lower than they did to line up with VW.  And some how I am guessing a Camaro convertible on a Cadillac Chassis with 335 hp will cost less than this Buick on a Chevy Cruze or Spark platform costs.  So could be a tough sell for Buick.

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This is for women in their 40's and 50's that just want that drop top feel.

This is going to be a low volume car and just help fill the dealer showrooms till the rest of the new products are out. The first all new Buick is going to be the Lacrosse. I agree this is not a new car nor is it on a new platform.

 

Also it is not there to challenge a BMW. and all tires are expensive the 20" are no different but you can shop around and still find them reasonable compared to the other sizes. These will not be major performance tires so that will control the cost. Ride will be fine as it was designed for them and also is not a sports cars. Just have to use a little common sense when looking at this car.

I expect it will see 3 years and be replaced with a new car on a new platform.

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Not sure standard 20 inch wheels is a good idea, 20's usually aren't the best for ride quality, especially on a smaller car, plus I bet the tires are expensive to replace.

 

They priced it higher than the Eos and that doesn't sell.  I think the Cascada looks better, but I probably would have priced it $2,000 lower than they did to line up with VW.  And some how I am guessing a Camaro convertible on a Cadillac Chassis with 335 hp will cost less than this Buick on a Chevy Cruze or Spark platform costs.  So could be a tough sell for Buick.

 

 

 

Actually its not priced higher than the defunct Eos. In fact, and I don't think anyone bothered to check, the PONTIAC G6 Convertible waaaaaaaaaaaaay back in 2007-2009 was coming in at GT 2dr Convertible  $29,150/$32,300

)

 
 
6845.jpg

 

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That's a sharp little car. Not for me, but still sharp looking. 200hp/206tq sounds like it could be a little bit of fun for a smaller vehicle.

 

What size vehicle is this..? I assumed it was smaller but there really isn't anything on size. Is it more like a conv. Verano, sized?

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Not sure standard 20 inch wheels is a good idea, 20's usually aren't the best for ride quality, especially on a smaller car, plus I bet the tires are expensive to replace.

 

They priced it higher than the Eos and that doesn't sell.  I think the Cascada looks better, but I probably would have priced it $2,000 lower than they did to line up with VW.  And some how I am guessing a Camaro convertible on a Cadillac Chassis with 335 hp will cost less than this Buick on a Chevy Cruze or Spark platform costs.  So could be a tough sell for Buick.

 

 

 

Actually its not priced higher than the defunct Eos. In fact, and I don't think anyone bothered to check, the PONTIAC G6 Convertible waaaaaaaaaaaaay back in 2007-2009 was coming in at GT 2dr Convertible  $29,150/$32,300.

 

I just went to VW's website and the EOS starts at $31,995. I won't get into standard equipment but it does indeed start at $31,995.

Not sure standard 20 inch wheels is a good idea, 20's usually aren't the best for ride quality, especially on a smaller car, plus I bet the tires are expensive to replace.

 

They priced it higher than the Eos and that doesn't sell.  I think the Cascada looks better, but I probably would have priced it $2,000 lower than they did to line up with VW.  And some how I am guessing a Camaro convertible on a Cadillac Chassis with 335 hp will cost less than this Buick on a Chevy Cruze or Spark platform costs.  So could be a tough sell for Buick.

I agree with the 20's thing.. People don't know what they are getting themselves into with rims that large. A cheap, junk tire will still run north of $200 on 20's. Or I should say, something I wouldn't put on my own vehicle or significant other's vehicle.

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I just went to VW's website and the EOS starts at $31,995. I won't get into standard equipment but it does indeed start at $31,995.

 

 

 

First Go back and read the part where the $31,995 is before destination of $865 pushing the price to $32,860. No Back-Up Camera, 17 inch wheels, a 5 Inch Nav unit that looks like some one plastered a 3 year old's Leap Frog on the dash.. Come on. 

 

I then love the part if U click on the Asterisk

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I just went to VW's website and the EOS starts at $31,995. I won't get into standard equipment but it does indeed start at $31,995.

 

 

 

First Go back and read the part where the $31,995 is before destination of $865 pushing the price to $32,860. No Back-Up Camera, 17 inch wheels, a 5 Inch Nav unit that looks like some one plastered a 3 year old's Leap Frog on the dash.. Come on. 

 

I then love the part if U click on the Asterisk

 

That isn't exactly how pricing works.. You can't just say it starts at a different price..when you add matching options to it.

 

I understand there are varying options on their starting prices but that just gives the customer more options. Yes, most will probably put the options on like the new Buick(which is probabl why it is priced the way it is) but that doesn't mean that the EOS doesn't start at $32,860(with destination) compared to $33,990.

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I just went to VW's website and the EOS starts at $31,995. I won't get into standard equipment but it does indeed start at $31,995.

 

 

 

First Go back and read the part where the $31,995 is before destination of $865 pushing the price to $32,860. No Back-Up Camera, 17 inch wheels, a 5 Inch Nav unit that looks like some one plastered a 3 year old's Leap Frog on the dash.. Come on. 

 

I then love the part if U click on the Asterisk

 

That isn't exactly how pricing works.. You can't just say it starts at a different price..when you add matching options to it.

 

I understand there are varying options on their starting prices but that just gives the customer more options. Yes, most will probably put the options on like the new Buick(which is probabl why it is priced the way it is) but that doesn't mean that the EOS doesn't start at $32,860(with destination) compared to $33,990.

 

 

 

 

Dude the only thing U are correct on is that the POS VW comes in under the Buick in BASE form only.. on their website.. which every other place I check, including True Car comes up with these numbers:

 

MSRP: From $36,145

MPG: 22 city / 30 highway

Horsepower: 200 HP

Engine: 2.0L 4-cylinder

Configurations

Komfort Edition

$36,145

Final Edition

$39,545

Executive Edition

$42,745

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I won't dispute any of that, at all. I was literally just talking base price.. Either way, I'd still buy the Buick over the V-Dub hands down. Both are chick cars..and both are about 5k more than I think they should be. I could not imagine spending 43k on a small convertible. But this is coming from somebody who doesn't like convertibles much...at all...

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Sharp little car...very European in flavour.

 

Why is it that Im thinking that this car is 20 years too late?

 

Why is it that Im thinking that this car would have made an excellent Saturn...or even a nice early 2000s Oldsmobile but why is it that dont I like it has a 2016  Buick?

 

When I heard news of this last year, I was happy for Buick, but fast forward a year later with viewing it with Buick clothes on instead of Opel clothes, and Im in the least bit interested and kinda disappointed in it...

 

Maybe the Avenir is giving me thoughts of grandeur for Buick and maybe I need to settle down my expectations of Buick...

 

Or maybe...Buick should start getting with the program a little bit faster with products that make us salivate...this wont make anybody salivate...even the aforementioned ladies between the ages of 40-50. Because even those ladies...they probably salivate thinking about driving around in Bimmers...

Edited by oldshurst442
  • Upvote 1

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The Eos is a weak seller, and it seems like for a couple years they have been saying they were dropping it altogether.  That is why I think mid $30s for a compact Buick convertible is a hard sell and it won't find a lot of buyers.  Luckily for Buick there are very few convertibles on the market.

 

The 20" wheels look low profile too.  I have 18" low profile tires on my car, and Hankooks on tire rack were still around $200 per tire. I have seen some 20" tires at $300 each.  This isn't an enthusiast car, I don't know if the Buick buyer wants to spend $1,200 for new tires.

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This is for women in their 40's and 50's that just want that drop top feel.

This is going to be a low volume car and just help fill the dealer showrooms till the rest of the new products are out. The first all new Buick is going to be the Lacrosse. I agree this is not a new car nor is it on a new platform.

 

Also it is not there to challenge a BMW. and all tires are expensive the 20" are no different but you can shop around and still find them reasonable compared to the other sizes. These will not be major performance tires so that will control the cost. Ride will be fine as it was designed for them and also is not a sports cars. Just have to use a little common sense when looking at this car.

I expect it will see 3 years and be replaced with a new car on a new platform.

seems a bit expensive to me.

 

I think at that price 250/250 power would be nice.

 

If Buick just wants to 'round out the showroom' then why haven't we gotten the Astra coupe plus OPX, the Adam, and the Astra hatch and wagon?

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This is for women in their 40's and 50's that just want that drop top feel.

This is going to be a low volume car and just help fill the dealer showrooms till the rest of the new products are out. The first all new Buick is going to be the Lacrosse. I agree this is not a new car nor is it on a new platform.

 

Also it is not there to challenge a BMW. and all tires are expensive the 20" are no different but you can shop around and still find them reasonable compared to the other sizes. These will not be major performance tires so that will control the cost. Ride will be fine as it was designed for them and also is not a sports cars. Just have to use a little common sense when looking at this car.

I expect it will see 3 years and be replaced with a new car on a new platform.

seems a bit expensive to me.

 

I think at that price 250/250 power would be nice.

 

If Buick just wants to 'round out the showroom' then why haven't we gotten the Astra coupe plus OPX, the Adam, and the Astra hatch and wagon?

Simple for several reasons.

One GM's Major investments were going into Chevy first and then Cadillac. Not to mention other global projects. No not even GM can do it all at once.

Second most of the Opel's were on older platforms and bringing in all these other cars just were not needed at this time. Buick is making money with the SUV/CUV and the two cars for now also supported with China. Add to this most of the dealers themselves are also a GMC dealer or a combination of Chevy, Cadillac.

Third the wagon at this point is a nice add on but no where close to a foundation model neither were a Coupe Or the OPC. You do understand how much the Euro version of the OPC cars cost there. They are much more than what we have seen in the GS here. You think you can afford the Convertible.

Fourth GM was in the process of deciding what to do with Opel's post Chevys pull out and with the additional load of working with Holden/Opel/Buick. Lets face it that not too long ago Opel's future had been in question with some at GM and nothing was for sure. Had Chevy taken off they may have really been at risk.

Finally this is not all that expensive in the market anymore, In fact it is below the average market selling price. Even the average used car is now pushing $18K per an article I read the other day. They are too expensive for all of us but that is the price you will pay. If you want cheaper buy a Chevy or wait till it is used those will always be options. You could get a Turbo Camaro Convertible for a similar price I will wager.

To me this car is a better G6 Convertible with no hard top. It will drive better and has better features but it is an old car. With each new platform we will get all new Opel's, Holden's and Buicks over the next 5 years and it will change the face of the company as GM has with Chevy and Cadillac.

Like I say this is big picture and today with the global market and the cost of development you have to space things out till the timing is right for several divisions and for the money to be available to work on each program. While it may have been nice to do a limited run of the OPC. Wagon, and Coupe their lives would have been short and volumes low. That money would be better spent to finish the next Lacrosse, Regal and Avinir.

To be honest this car is not really needed but it will help the image some and offer something GM really lacks in the states right not a convertible.

Edited by hyperv6

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The Eos is a weak seller, and it seems like for a couple years they have been saying they were dropping it altogether.  That is why I think mid $30s for a compact Buick convertible is a hard sell and it won't find a lot of buyers.  Luckily for Buick there are very few convertibles on the market.

 

The 20" wheels look low profile too.  I have 18" low profile tires on my car, and Hankooks on tire rack were still around $200 per tire. I have seen some 20" tires at $300 each.  This isn't an enthusiast car, I don't know if the Buick buyer wants to spend $1,200 for new tires.

Not all 20" tires are this much. Also these will not be high speed rated tires as this is where the cost comes in.

You do understand that speed rated tires use more expensive materials and also have to be perfect in Q-A. The margin of defect is very low on them as they have to be for liability. This leads to more tires being rejected and added cost.

Yes companies like Michelin and Goodyear X Ray each speed rated tire to check the construction for defects. Tires are still a hand made product and while consistency has improved it can still vary some.

But with that said I just paid $90 for 18" inch Eagles not long ago and $175 for 19" triple tread Goodyear Assurance tires not long ago. Making good use of sales and rebates can make these a lot cheaper. The days of the $50 tires are long over.

Add things like Carbon fiber an Kevlar to a Z rated compound tire and then your prices go up fast. This is why there are 72 different kinds of Pilots and Eagles offered. You match them to the need of the car. A Buick like this will not need the same kind of 20" a Z06 will require.

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Best thing for the health of the buick brand would have been to have a mid sized crossover in the showroom by now since Buick's demographic would rather have CUV's now. Where is the money for that then?

This is for women in their 40's and 50's that just want that drop top feel.This is going to be a low volume car and just help fill the dealer showrooms till the rest of the new products are out. The first all new Buick is going to be the Lacrosse. I agree this is not a new car nor is it on a new platform. Also it is not there to challenge a BMW. and all tires are expensive the 20" are no different but you can shop around and still find them reasonable compared to the other sizes. These will not be major performance tires so that will control the cost. Ride will be fine as it was designed for them and also is not a sports cars. Just have to use a little common sense when looking at this car.I expect it will see 3 years and be replaced with a new car on a new platform.

seems a bit expensive to me. I think at that price 250/250 power would be nice. If Buick just wants to 'round out the showroom' then why haven't we gotten the Astra coupe plus OPX, the Adam, and the Astra hatch and wagon?
Simple for several reasons.One GM's Major investments were going into Chevy first and then Cadillac. Not to mention other global projects. No not even GM can do it all at once.Second most of the Opel's were on older platforms and bringing in all these other cars just were not needed at this time. Buick is making money with the SUV/CUV and the two cars for now also supported with China. Add to this most of the dealers themselves are also a GMC dealer or a combination of Chevy, Cadillac.Third the wagon at this point is a nice add on but no where close to a foundation model neither were a Coupe Or the OPC. You do understand how much the Euro version of the OPC cars cost there. They are much more than what we have seen in the GS here. You think you can afford the Convertible.Fourth GM was in the process of deciding what to do with Opel's post Chevys pull out and with the additional load of working with Holden/Opel/Buick. Lets face it that not too long ago Opel's future had been in question with some at GM and nothing was for sure. Had Chevy taken off they may have really been at risk.Finally this is not all that expensive in the market anymore, In fact it is below the average market selling price. Even the average used car is now pushing $18K per an article I read the other day. They are too expensive for all of us but that is the price you will pay. If you want cheaper buy a Chevy or wait till it is used those will always be options. You could get a Turbo Camaro Convertible for a similar price I will wager.To me this car is a better G6 Convertible with no hard top. It will drive better and has better features but it is an old car. With each new platform we will get all new Opel's, Holden's and Buicks over the next 5 years and it will change the face of the company as GM has with Chevy and Cadillac.Like I say this is big picture and today with the global market and the cost of development you have to space things out till the timing is right for several divisions and for the money to be available to work on each program. While it may have been nice to do a limited run of the OPC. Wagon, and Coupe their lives would have been short and volumes low. That money would be better spent to finish the next Lacrosse, Regal and Avinir.To be honest this car is not really needed but it will help the image some and offer something GM really lacks in the states right not a convertible.

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Best thing for the health of the buick brand would have been to have a mid sized crossover in the showroom by now since Buick's demographic would rather have CUV's now. Where is the money for that then?

This is for women in their 40's and 50's that just want that drop top feel.This is going to be a low volume car and just help fill the dealer showrooms till the rest of the new products are out. The first all new Buick is going to be the Lacrosse. I agree this is not a new car nor is it on a new platform. Also it is not there to challenge a BMW. and all tires are expensive the 20" are no different but you can shop around and still find them reasonable compared to the other sizes. These will not be major performance tires so that will control the cost. Ride will be fine as it was designed for them and also is not a sports cars. Just have to use a little common sense when looking at this car.I expect it will see 3 years and be replaced with a new car on a new platform.

seems a bit expensive to me. I think at that price 250/250 power would be nice. If Buick just wants to 'round out the showroom' then why haven't we gotten the Astra coupe plus OPX, the Adam, and the Astra hatch and wagon?
Simple for several reasons.One GM's Major investments were going into Chevy first and then Cadillac. Not to mention other global projects. No not even GM can do it all at once.Second most of the Opel's were on older platforms and bringing in all these other cars just were not needed at this time. Buick is making money with the SUV/CUV and the two cars for now also supported with China. Add to this most of the dealers themselves are also a GMC dealer or a combination of Chevy, Cadillac.Third the wagon at this point is a nice add on but no where close to a foundation model neither were a Coupe Or the OPC. You do understand how much the Euro version of the OPC cars cost there. They are much more than what we have seen in the GS here. You think you can afford the Convertible.Fourth GM was in the process of deciding what to do with Opel's post Chevys pull out and with the additional load of working with Holden/Opel/Buick. Lets face it that not too long ago Opel's future had been in question with some at GM and nothing was for sure. Had Chevy taken off they may have really been at risk.Finally this is not all that expensive in the market anymore, In fact it is below the average market selling price. Even the average used car is now pushing $18K per an article I read the other day. They are too expensive for all of us but that is the price you will pay. If you want cheaper buy a Chevy or wait till it is used those will always be options. You could get a Turbo Camaro Convertible for a similar price I will wager.To me this car is a better G6 Convertible with no hard top. It will drive better and has better features but it is an old car. With each new platform we will get all new Opel's, Holden's and Buicks over the next 5 years and it will change the face of the company as GM has with Chevy and Cadillac.Like I say this is big picture and today with the global market and the cost of development you have to space things out till the timing is right for several divisions and for the money to be available to work on each program. While it may have been nice to do a limited run of the OPC. Wagon, and Coupe their lives would have been short and volumes low. That money would be better spent to finish the next Lacrosse, Regal and Avinir.To be honest this car is not really needed but it will help the image some and offer something GM really lacks in the states right not a convertible.

If we are to believe what the word is there are two SUV's coming and one is mid sized. But with GMC you have to so this right as why would you need a Terrain and the Buick version in the same dealer? You have to make the different in some way as they generally occupy the same space.

I have wondered if the Buick we have seen will be a short wheel base like the coming Nox and the GMC may share a long wheel base with the Cadillac we just saw released.

Also this is not about money it is about having the platform. GM has just finished the new platform these models ride on and it is just going into production with staggered starts fro each model at several plants.

As for a little larger SUV there is another one of these but we have yet to see it as it is still being worked on and also we have a new Enclave coming.

This all falls into place it you take the timing of the models and the associated platforms. There are billions of dollars being spent and a large amount of GM staff assigned to this so it takes time and money. They also are coming off several Chevy programs that are just being launched as well the funding from these programs being moved to the next project.

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I like the product on its own, but it's positioning seems a little iffy. Sure, it takes up a market all to itself, and it beats rivals current and defunct handily, mostly because of its pretty good value proposition.

 

But I don't know if the appeal of a Mustang and Camaro convertible is lost onto this model. 

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But a Buick Verano isn't an upscale car. I would rather pay $35k for a Regal convertible, which would be a $5k premium over the sedan. If the Cascara was Regal based it would be a good deal as it is priced. But the Camry and 200 based convertibles that were larger and cheaper than the Cascara failed. And I think that is the type of buyer Buick is after.

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But a Buick Verano isn't an upscale car. I would rather pay $35k for a Regal convertible, which would be a $5k premium over the sedan. If the Cascara was Regal based it would be a good deal as it is priced. But the Camry and 200 based convertibles that were larger and cheaper than the Cascara failed. And I think that is the type of buyer Buick is after.

 

Again, you attribute failures of those two to the brand rather than to the content of the car.  The old Sebring/200 was an atrociously bad car, convertible or not.  The Camry convertible was an aftermarket conversion on a flabby chassis. 

 

The Verano has sold quite well as a premium car above similar cars of it's size.   When you think about it, Verano buyers are paying $26k - $28k for something in the Cruze size range.   This is going by Buick's claim that their cars tend to sell more in the higher trims.   

 

And, aside from it's age, the Verano is quite a capable vehicle. 

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Yes the Verano was pegged as a more upscale car below Cadillac and above Chevy. The convertible is about what you would expect for a car this size.

The car is almost the size f what a Regal coupe would have been.

The main deal is that this was an Opel that could easily and at a lower cost could be plugged in at a price where they could make a profit at lower volume. The added volume may also help Opel too.

This car is in it's last years and will be replace I expect in 2-3 years. Same for the Regal so we are not going to see total brand new products till they replace the Verano and Regal first.

Note when you look at most Verano's they have mostly loaded interiors and leather. Many have the larger engines and upgraded trims. Sales were ok till the Encore came out and I think it had more impact on their sales than anything.

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      $83,200, 75D $98,200, 100D $139,200 P100D This reduction comes on the same day that Tesla announced fourth quarter production numbers. The past few months saw Tesla making cuts in colors and equipment to help reach their goal of delivering 100,000 Model S and X vehicles by the end of this year - they narrowly missed it with 99,394 deliveries. For the Model 3, Tesla was able to deliver 145,846 vehicles in 2018.
      Source: Bloomberg, Tesla
      Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

      PALO ALTO, Calif., Jan. 02, 2019 (GLOBE NEWSWIRE) --In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries.
      Production in Q4 grew to 86,555 vehicles, 8% more than our prior all-time high in Q3. This included:
      61,394 Model 3 vehicles, in line with our guidance and 15% more than Q3. 25,161 Model S and X vehicles, consistent with our long-term run rate of approximately 100,000 per year. Q4 deliveries grew to 90,700 vehicles, which was 8% more than our prior all time-high in Q3. This included 63,150 Model 3 (13% growth over Q3), 13,500 Model S, and 14,050 Model X vehicles.
      In 2018, we delivered a total of 245,240 vehicles: 145,846 Model 3 and 99,394 Model S and X. To put our growth into perspective, we delivered almost as many vehicles in 2018 as we did in all prior years combined.
      Our Q4 Model 3 deliveries were limited to mid- and higher-priced variants, cash/loan transactions, and North American customers only. More than three quarters of Model 3 orders in Q4 came from new customers, rather than reservation holders.
      There remain significant opportunities to continue to grow Model 3 sales by expanding to international markets, introducing lower-priced variants and offering leasing. International deliveries in Europe and China will start in February 2019. Expansion of Model 3 sales to other markets, including with a right-hand drive variant, will occur later in 2019.
      1,010 Model 3 vehicles and 1,897 Model S and X vehicles were in transit to customers at the end of Q4, and will be delivered in early Q1 2019. Our inventory levels remain the smallest in the automotive industry, and we were able to reduce vehicles in transit to customers by significantly improving our logistics system in North America.
      Moving beyond the success of Q4, we are taking steps to partially absorb the reduction of the federal EV tax credit (which, as of January 1st, dropped from $7,500 to $3,750). Starting today, we are reducing the price of Model S, Model X and Model 3 vehicles in the U.S. by $2,000. Customers can apply to receive the $3,750 federal tax credit for new deliveries starting on January 1, 2019, and may also be eligible for several state and local electric vehicle and utility incentives, which range up to $4,000. Combined with the reduced costs of maintenance and of charging a Tesla versus paying for gas at the pump – which can result in up to $100 per month or more in savings – this means our vehicles are even more affordable than similarly priced gasoline vehicles.
      Tesla’s achievements in 2018 likely represent the biggest single-year growth in the history of the automotive industry. We started the year with a delivery run rate of about 120,000 vehicles per year and ended it at more than 350,000 vehicles per year – an increase of almost 3X. As a result, we’re starting to make a tangible impact on accelerating the world to sustainable energy. Additionally, 2018 was the first time in decades that an American car – the Model 3 – was the best-selling premium vehicle in the U.S. for the full year, with U.S. sales of Model 3 roughly double those of the runner up.
      We want to thank our customers, suppliers, investors, and especially our employees, who worked so hard to accomplish this.

      View full article
    • By William Maley
      A new year marks the beginning of the reduction of the federal tax credit for Tesla - from $7,500 down to $3,750. To counteract the reductions, Tesla has instituted a $2,000 price cut on all models. Here is how the pricing looks like,
      Model 3
      $45,200, Mid-Range $52,200, Long Range $63,200, Performance Model S
      $77,200, 75D $95,200, 100D $134,200, P100D Model X
      $83,200, 75D $98,200, 100D $139,200 P100D This reduction comes on the same day that Tesla announced fourth quarter production numbers. The past few months saw Tesla making cuts in colors and equipment to help reach their goal of delivering 100,000 Model S and X vehicles by the end of this year - they narrowly missed it with 99,394 deliveries. For the Model 3, Tesla was able to deliver 145,846 vehicles in 2018.
      Source: Bloomberg, Tesla
      Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

      PALO ALTO, Calif., Jan. 02, 2019 (GLOBE NEWSWIRE) --In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries.
      Production in Q4 grew to 86,555 vehicles, 8% more than our prior all-time high in Q3. This included:
      61,394 Model 3 vehicles, in line with our guidance and 15% more than Q3. 25,161 Model S and X vehicles, consistent with our long-term run rate of approximately 100,000 per year. Q4 deliveries grew to 90,700 vehicles, which was 8% more than our prior all time-high in Q3. This included 63,150 Model 3 (13% growth over Q3), 13,500 Model S, and 14,050 Model X vehicles.
      In 2018, we delivered a total of 245,240 vehicles: 145,846 Model 3 and 99,394 Model S and X. To put our growth into perspective, we delivered almost as many vehicles in 2018 as we did in all prior years combined.
      Our Q4 Model 3 deliveries were limited to mid- and higher-priced variants, cash/loan transactions, and North American customers only. More than three quarters of Model 3 orders in Q4 came from new customers, rather than reservation holders.
      There remain significant opportunities to continue to grow Model 3 sales by expanding to international markets, introducing lower-priced variants and offering leasing. International deliveries in Europe and China will start in February 2019. Expansion of Model 3 sales to other markets, including with a right-hand drive variant, will occur later in 2019.
      1,010 Model 3 vehicles and 1,897 Model S and X vehicles were in transit to customers at the end of Q4, and will be delivered in early Q1 2019. Our inventory levels remain the smallest in the automotive industry, and we were able to reduce vehicles in transit to customers by significantly improving our logistics system in North America.
      Moving beyond the success of Q4, we are taking steps to partially absorb the reduction of the federal EV tax credit (which, as of January 1st, dropped from $7,500 to $3,750). Starting today, we are reducing the price of Model S, Model X and Model 3 vehicles in the U.S. by $2,000. Customers can apply to receive the $3,750 federal tax credit for new deliveries starting on January 1, 2019, and may also be eligible for several state and local electric vehicle and utility incentives, which range up to $4,000. Combined with the reduced costs of maintenance and of charging a Tesla versus paying for gas at the pump – which can result in up to $100 per month or more in savings – this means our vehicles are even more affordable than similarly priced gasoline vehicles.
      Tesla’s achievements in 2018 likely represent the biggest single-year growth in the history of the automotive industry. We started the year with a delivery run rate of about 120,000 vehicles per year and ended it at more than 350,000 vehicles per year – an increase of almost 3X. As a result, we’re starting to make a tangible impact on accelerating the world to sustainable energy. Additionally, 2018 was the first time in decades that an American car – the Model 3 – was the best-selling premium vehicle in the U.S. for the full year, with U.S. sales of Model 3 roughly double those of the runner up.
      We want to thank our customers, suppliers, investors, and especially our employees, who worked so hard to accomplish this.
    • By William Maley
      Mercedes-Benz has announced pricing for most of the upcoming AMG GT four-door expected to arrive in the first half of next year. The GT 63 will set you back $137,495, while the more powerful GT 63 S begins at $159,995. Both prices include a $995 destination charge.
      The 63 means a twin-turbo 4.4L V8 resides under the hood. The standard GT 63 produces 577 horsepower and 590 pound-feet of torque. Move up to the S and the V8 pumps out 630 horsepower and 664 pound-feet of torque. Both models come paired with a nine-speed automatic and 4Matic all-wheel drive.
      It's clear that Mercedes is aiming the GT four-door at the likes of the Porsche Panamera Turbo and Panamera Turbo S E-Hybrid.
      Panamera Turbo: 550 horsepower and 567 pound-feet, $151,500 Panamera Turbo S E-Hybrid: 680 horsepower and 626 pound-feet, $186,200 The only model Mercedes hasn't announced pricing for is the GT 53. This model pairs a 3.0L twin-turbo inline-six engine with a mild-hybrid system to produce a total output of 429 horsepower and 384 pound-feet. That will be revealed at a later date.
      Source: Mercedes-Benz


      Mercedes-AMG GT 4-Door Coupe V8 models to start at $136,500
      Pricing announced for all-new Mercedes-AMG GT 4-Door Coupe All-new, high-performance, 4-Door Coupe expands AMG GT family and offers unparalleled levels of performance and versatility Dec 17, 2018 – Atlanta: Mercedes-Benz USA today announced pricing for the V8 variants of the highly anticipated new Mercedes-AMG GT 4-Door Coupe. The Mercedes- AMG GT 63, powered by a handcrafted AMG 4.0-liter V8 biturbo that produces 577 hp and 590 lb-ft peak torque, starts at $136,500*. The more powerful Mercedes-AMG GT 63 S produces 630 hp and 664 lb-ft peak torque and starts at $159,000*. Additional standard equipment for the GT 63 S includes the AMG Performance Exhaust System, the AMG Dynamic Plus Package including Active Engine Mounts, RACE Mode, Drift Mode, and AMG Drive Unit steering wheel controls. The Mercedes-AMG GT 63 and Mercedes-AMG GT 63 S will arrive in U.S. dealers in the first half of 2019. Pricing for the GT 53 variant will be announced at a later date.
      Drawing directly from the successes of the legendary SLS and AMG GT, the new Mercedes-AMG GT 4-Door Coupe is the third vehicle developed independently by AMG, and its first unique four-door sports car. Engineering highlights of the new Mercedes-AMG GT 4-Door Coupe include Active Rear- Wheel Steering, facilitating high agility and stability characteristics, standard electronically deployable rear spoiler, providing optimal rear downforce at a variety of speeds, AMG electronic rear-axle limited-slip differential, and specially adapted AMG Ride Control Sport Suspension based on Air Body Control.
      This expansion of the AMG GT family opens up the segment to those looking for a vehicle that combines the impressive racetrack dynamics of the two-door AMG GT sports car with everyday practicality, offering ample space for four passengers, with the unparalleled level of performance expected from Mercedes-AMG.
      *Prices excludes $995 destination and delivery charge.

      View full article
    • By William Maley
      Mercedes-Benz has announced pricing for most of the upcoming AMG GT four-door expected to arrive in the first half of next year. The GT 63 will set you back $137,495, while the more powerful GT 63 S begins at $159,995. Both prices include a $995 destination charge.
      The 63 means a twin-turbo 4.4L V8 resides under the hood. The standard GT 63 produces 577 horsepower and 590 pound-feet of torque. Move up to the S and the V8 pumps out 630 horsepower and 664 pound-feet of torque. Both models come paired with a nine-speed automatic and 4Matic all-wheel drive.
      It's clear that Mercedes is aiming the GT four-door at the likes of the Porsche Panamera Turbo and Panamera Turbo S E-Hybrid.
      Panamera Turbo: 550 horsepower and 567 pound-feet, $151,500 Panamera Turbo S E-Hybrid: 680 horsepower and 626 pound-feet, $186,200 The only model Mercedes hasn't announced pricing for is the GT 53. This model pairs a 3.0L twin-turbo inline-six engine with a mild-hybrid system to produce a total output of 429 horsepower and 384 pound-feet. That will be revealed at a later date.
      Source: Mercedes-Benz


      Mercedes-AMG GT 4-Door Coupe V8 models to start at $136,500
      Pricing announced for all-new Mercedes-AMG GT 4-Door Coupe All-new, high-performance, 4-Door Coupe expands AMG GT family and offers unparalleled levels of performance and versatility Dec 17, 2018 – Atlanta: Mercedes-Benz USA today announced pricing for the V8 variants of the highly anticipated new Mercedes-AMG GT 4-Door Coupe. The Mercedes- AMG GT 63, powered by a handcrafted AMG 4.0-liter V8 biturbo that produces 577 hp and 590 lb-ft peak torque, starts at $136,500*. The more powerful Mercedes-AMG GT 63 S produces 630 hp and 664 lb-ft peak torque and starts at $159,000*. Additional standard equipment for the GT 63 S includes the AMG Performance Exhaust System, the AMG Dynamic Plus Package including Active Engine Mounts, RACE Mode, Drift Mode, and AMG Drive Unit steering wheel controls. The Mercedes-AMG GT 63 and Mercedes-AMG GT 63 S will arrive in U.S. dealers in the first half of 2019. Pricing for the GT 53 variant will be announced at a later date.
      Drawing directly from the successes of the legendary SLS and AMG GT, the new Mercedes-AMG GT 4-Door Coupe is the third vehicle developed independently by AMG, and its first unique four-door sports car. Engineering highlights of the new Mercedes-AMG GT 4-Door Coupe include Active Rear- Wheel Steering, facilitating high agility and stability characteristics, standard electronically deployable rear spoiler, providing optimal rear downforce at a variety of speeds, AMG electronic rear-axle limited-slip differential, and specially adapted AMG Ride Control Sport Suspension based on Air Body Control.
      This expansion of the AMG GT family opens up the segment to those looking for a vehicle that combines the impressive racetrack dynamics of the two-door AMG GT sports car with everyday practicality, offering ample space for four passengers, with the unparalleled level of performance expected from Mercedes-AMG.
      *Prices excludes $995 destination and delivery charge.
    • By William Maley
      Chevrolet has announced pricing for the upcoming Colorado ZR2 Bison. Built with the help of American Expedition Vehicles, the Bison takes the capable ZR2 and adds some more features to allow it to go further in the bush. But it will set you back a fair amount of cash.
      When it arrives at dealers in January, the Extended Cab will set you back $48,045. The crew cab begins at $49,645. Both prices include a $995 destination charge. That represents a premium of $5,000 to $6,000 when compared to the standard ZR2.
      That price premium may seem a bit much, but it is going towards some proper upgrades. The includes new skid plates protecting key items such as the oil pan and transfer case; steel bumpers, and 17-inch aluminum wheels wrapped in 31-inch Goodyear Wrangler Duratrac off-road tires. A snorkel will be available as an option.
      It will be interesting to see Chevrolet can draw some buyers away from the Toyota Tacoma TRD Pro.
       

      View full article
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