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Found 60 results

  1. As part of their ambitions to compete with European automakers on their home soil, Cadillac was working on a range of four- and six-cylinder diesel engines. According to Automotive News, the upcoming XT4 was expected to have a diesel engine by 2020 and other models would follow. There was also plans about selling diesels for Cadillacs in the U.S. But Cadillac President Steve Carlisle said development has been put on hold. "We have been working on diesel, but the markets may be changing more quickly than we anticipated," he said to AN. "Going forward, we will focus on electrification." The diesel program at Cadillac got hit with a double whammy over the past few years. First was the Volkswagen diesel emission crisis that broke in September 2015. There was talk about killing the project, but "executives felt it had progressed too far to kill". Then last year, General Motors sold Opel to PSA Group. The German division was working with Cadillac with development. Still, the brand continued with progress. It is unclear as to why Cadillac has put the program on hold now, but we're guessing the combination of stricter regulations coming into Europe and more competitors deciding to go all-in electrification are the main reasons. Source: Automotive News (Subscription Required) View full article
  2. As part of their ambitions to compete with European automakers on their home soil, Cadillac was working on a range of four- and six-cylinder diesel engines. According to Automotive News, the upcoming XT4 was expected to have a diesel engine by 2020 and other models would follow. There was also plans about selling diesels for Cadillacs in the U.S. But Cadillac President Steve Carlisle said development has been put on hold. "We have been working on diesel, but the markets may be changing more quickly than we anticipated," he said to AN. "Going forward, we will focus on electrification." The diesel program at Cadillac got hit with a double whammy over the past few years. First was the Volkswagen diesel emission crisis that broke in September 2015. There was talk about killing the project, but "executives felt it had progressed too far to kill". Then last year, General Motors sold Opel to PSA Group. The German division was working with Cadillac with development. Still, the brand continued with progress. It is unclear as to why Cadillac has put the program on hold now, but we're guessing the combination of stricter regulations coming into Europe and more competitors deciding to go all-in electrification are the main reasons. Source: Automotive News (Subscription Required)
  3. William Maley

    Fiat News: FCA's European Business Problem

    Fiat Chrysler Automobiles' new CEO Mike Manley has a lot on his plate. He has address multiple challenges in the U.S. that were left by the passing of Sergio Marchionne last month - moving forward with the five year plan, figuring out the future of Chrysler and Dodge; and getting new vehicles out the door. But that doesn't compare to the challenges in Europe. The Wall Street Journal reports that Manley has a number of issues that need be addressed. The biggest one is improving the overall profitability in the region. Last year, FCA had an operating profit of $5.96 billion in the U.S. In Europe, only $840 million. A key reason for this is that three-quarters of FCA's European sales are made up of Fiat models that have razor-thin profit margins. Each Fiat sold makes an operating profit of €250 ($288), compared to the average of €2,850 ($3,274) for every Jeep and Ram model sold. Alfa Romeo was seen as a possible way to help boost profits, but sales have fallen very short of targets in a market where the likes of the Audi, BMW, Lexus, and Mercedes-Benz dominate. “FCA would need a merger to improve the profitability in Europe,” said Martino De Ambroggi, an analyst with Equita told the journal. Marchionne tried his best to court FCA to other automakers such as GM, but to no avail. Earlier this year, FCA said the search for a possible partner was taken off the table and that it could survive on its own. There is also the question as to whether FCA has too many workers in Europe. The region makes up about 36 percent of FCA's workforce, but only a tenth of its profit. A key example is FCA's Mirafiori plant which employs 13,000 people, but is on track to build 50,000 vehicles this year. In 1997, the plant produced 463,000 vehicles. Source: Wall Street Journal (Subscription Required) View full article
  4. William Maley

    FCA's European Business Problem

    Fiat Chrysler Automobiles' new CEO Mike Manley has a lot on his plate. He has address multiple challenges in the U.S. that were left by the passing of Sergio Marchionne last month - moving forward with the five year plan, figuring out the future of Chrysler and Dodge; and getting new vehicles out the door. But that doesn't compare to the challenges in Europe. The Wall Street Journal reports that Manley has a number of issues that need be addressed. The biggest one is improving the overall profitability in the region. Last year, FCA had an operating profit of $5.96 billion in the U.S. In Europe, only $840 million. A key reason for this is that three-quarters of FCA's European sales are made up of Fiat models that have razor-thin profit margins. Each Fiat sold makes an operating profit of €250 ($288), compared to the average of €2,850 ($3,274) for every Jeep and Ram model sold. Alfa Romeo was seen as a possible way to help boost profits, but sales have fallen very short of targets in a market where the likes of the Audi, BMW, Lexus, and Mercedes-Benz dominate. “FCA would need a merger to improve the profitability in Europe,” said Martino De Ambroggi, an analyst with Equita told the journal. Marchionne tried his best to court FCA to other automakers such as GM, but to no avail. Earlier this year, FCA said the search for a possible partner was taken off the table and that it could survive on its own. There is also the question as to whether FCA has too many workers in Europe. The region makes up about 36 percent of FCA's workforce, but only a tenth of its profit. A key example is FCA's Mirafiori plant which employs 13,000 people, but is on track to build 50,000 vehicles this year. In 1997, the plant produced 463,000 vehicles. Source: Wall Street Journal (Subscription Required)
  5. G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com Study Suggests VW Emissions will lead to 1200 premature deaths in Europe alone! This study covers the effects around the Globe that VW diesel emissions scandal will cause. The US is equally affected but on a lower number of 60 expected deaths. This is based on the number of autos old sold, 482,000 TDI in the US versusus 2.6 millions. Plenty of interesting information but end result is an increase in the emissions from VW TDi directly affects health and the length of life world wide. Pretty amazing read at MIT News. Study Here
  6. Nissan is joining Toyota in gradually ending the sale of diesel vehicles in Europe. “Along with other manufacturers and industry bodies we can see the progressive decline of diesel but we do not anticipate its sudden end in the short-term. At this point in time and for many customers, modern diesel engines will remain in demand and continue to be available within Nissan’s powertrain offering,” a Nissan spokeswoman told Reuters. “In Europe, where our diesel sales are concentrated, our electrification push will allow us to discontinue diesel gradually from passenger cars at the time of each vehicle renewal.” Sales of diesel vehicles have been on a sharp decline for the past year due in part to rising taxes and possible bans looming. Analysts believe this trend will continue in 2018. Last month, a source revealed to Reuters that Nissan is planning to lay off hundreds of workers at its Sunderland plant due to falling diesel vehicle sales. Source: Reuters
  7. Nissan is joining Toyota in gradually ending the sale of diesel vehicles in Europe. “Along with other manufacturers and industry bodies we can see the progressive decline of diesel but we do not anticipate its sudden end in the short-term. At this point in time and for many customers, modern diesel engines will remain in demand and continue to be available within Nissan’s powertrain offering,” a Nissan spokeswoman told Reuters. “In Europe, where our diesel sales are concentrated, our electrification push will allow us to discontinue diesel gradually from passenger cars at the time of each vehicle renewal.” Sales of diesel vehicles have been on a sharp decline for the past year due in part to rising taxes and possible bans looming. Analysts believe this trend will continue in 2018. Last month, a source revealed to Reuters that Nissan is planning to lay off hundreds of workers at its Sunderland plant due to falling diesel vehicle sales. Source: Reuters View full article
  8. Despite General Motors mostly leaving the European market with the sale of Opel and Vauxhall to PSA Group earlier this year, the automaker isn't ruling out a full-scale return. During a recent meeting of the Automotive Press Association in Detroit, GM CEO Mary Barra said the company would "absolutely" consider a return to the European market, adding that "nothing keeps us from going back." But it will be some time before GM decides to go back. According to Barra, the company would need to build out a lineup of "transformative products" like electric or self-driving vehicles to make it worthwhile. General Motors does have a small presence in Europe with Cadillacs being sold by 45 dealers - most of them in Germany and Switzerland. The Chevrolet Camaro and Corvette are also sold in small numbers. Source: Motor1 View full article
  9. William Maley

    GM Could Make a Full-Scale Return to Europe

    Despite General Motors mostly leaving the European market with the sale of Opel and Vauxhall to PSA Group earlier this year, the automaker isn't ruling out a full-scale return. During a recent meeting of the Automotive Press Association in Detroit, GM CEO Mary Barra said the company would "absolutely" consider a return to the European market, adding that "nothing keeps us from going back." But it will be some time before GM decides to go back. According to Barra, the company would need to build out a lineup of "transformative products" like electric or self-driving vehicles to make it worthwhile. General Motors does have a small presence in Europe with Cadillacs being sold by 45 dealers - most of them in Germany and Switzerland. The Chevrolet Camaro and Corvette are also sold in small numbers. Source: Motor1
  10. Europe is starting to develop a case of pickup truck fever. According to data from JATO Dynamics, 80,300 trucks were sold in Europe in the first half of this year. This pales in comparison to the 1.1 million full-size and 216,194 midsize trucks sold in the U.S. in the same timeframe. But sales in Europe are climbing. LMC Automotive says sales of trucks in Europe are up 19 percent and they predict sales will crest 200,000 next year. Why this steady rise in pickups? According to Automotive News Europe, it comes down to the lack of alternatives and government regulations. "One of the reasons is usage. Previously people used large, body-on-frame SUVs to tow boats or horse trailers. Nowadays, with high regulations and pressure [to move to] small engines with dual-clutch automatic gearboxes, it's not really possible to use SUVs to tow. People with these hobbies need to have a truck," said Renault's product director of pickups, Anton Lysyy. Take for example the Land Rover Defender. When production of this off-road icon ended last year, many buyers switched to the likes of the Ford Ranger as it offered the off-road capability of the Defender. Truck manufacturers have taken notice of this increase in sales and are starting to offer more extras. That includes new infotainment systems, active safety equipment, and a long list of accessories such as hardtops. New manufacturers are wanting to take a slice of this growing market as well. Mercedes-Benz will soon be launching their X-Class, while Renault announced their Alaskan truck (both models based on the Nissan Navara). PSA Group revealed earlier this year that it would be working with Chinese automaker Changan Automobile on developing a new truck that would be sold in China and Europe in 2020. Source: Automotive News Europe (Subscription Required)
  11. Europe is starting to develop a case of pickup truck fever. According to data from JATO Dynamics, 80,300 trucks were sold in Europe in the first half of this year. This pales in comparison to the 1.1 million full-size and 216,194 midsize trucks sold in the U.S. in the same timeframe. But sales in Europe are climbing. LMC Automotive says sales of trucks in Europe are up 19 percent and they predict sales will crest 200,000 next year. Why this steady rise in pickups? According to Automotive News Europe, it comes down to the lack of alternatives and government regulations. "One of the reasons is usage. Previously people used large, body-on-frame SUVs to tow boats or horse trailers. Nowadays, with high regulations and pressure [to move to] small engines with dual-clutch automatic gearboxes, it's not really possible to use SUVs to tow. People with these hobbies need to have a truck," said Renault's product director of pickups, Anton Lysyy. Take for example the Land Rover Defender. When production of this off-road icon ended last year, many buyers switched to the likes of the Ford Ranger as it offered the off-road capability of the Defender. Truck manufacturers have taken notice of this increase in sales and are starting to offer more extras. That includes new infotainment systems, active safety equipment, and a long list of accessories such as hardtops. New manufacturers are wanting to take a slice of this growing market as well. Mercedes-Benz will soon be launching their X-Class, while Renault announced their Alaskan truck (both models based on the Nissan Navara). PSA Group revealed earlier this year that it would be working with Chinese automaker Changan Automobile on developing a new truck that would be sold in China and Europe in 2020. Source: Automotive News Europe (Subscription Required) View full article
  12. Toyota's European division wants to show there is another side to hybrid vehicles than fuel economy. Speaking with Automotive News Europe, Toyota Europe boss Johan van Zyl says they are planning to launch a lineup of hybrid vehicles that will boast more performance and be fun to drive. “One will provide the traditional benefits of efficiency and fuel economy, like in the current offer. The second will build on this, adding more power and a more dynamic driving character,” said van Zyl. Toyota previewed this with the C-HR Hy-Power concept this week at the Frankfurt Motor Show. The concept features a gloss black finish on various trim pieces, ‘Burning Orange’ finish on the front pillars, and the interior finished in black and orange. Oddly, Toyota doesn't provide any figures on the “higher powered” hybrid powertrain used in this concept. More details on the high-performance hybrids will be revealed 'early next-year' van Zyl explained. Hybrids currently make up 40 percent of Toyota's sales in Europe, with Western Europe being close to 50 percent. Source: Automotive News Europe (Subscription Required)
  13. Toyota's European division wants to show there is another side to hybrid vehicles than fuel economy. Speaking with Automotive News Europe, Toyota Europe boss Johan van Zyl says they are planning to launch a lineup of hybrid vehicles that will boast more performance and be fun to drive. “One will provide the traditional benefits of efficiency and fuel economy, like in the current offer. The second will build on this, adding more power and a more dynamic driving character,” said van Zyl. Toyota previewed this with the C-HR Hy-Power concept this week at the Frankfurt Motor Show. The concept features a gloss black finish on various trim pieces, ‘Burning Orange’ finish on the front pillars, and the interior finished in black and orange. Oddly, Toyota doesn't provide any figures on the “higher powered” hybrid powertrain used in this concept. More details on the high-performance hybrids will be revealed 'early next-year' van Zyl explained. Hybrids currently make up 40 percent of Toyota's sales in Europe, with Western Europe being close to 50 percent. Source: Automotive News Europe (Subscription Required) View full article
  14. Last October, Chinese automaker Geely unveiled a new global brand called Lynk & Co. This brand stood out in a few ways, Vehicles will be sold online Owners will be able to share their Lynk & Co vehicles to make some money An open application programming interface to develop in-car applications Recently announcing all of their vehicles would come with lifetime warranties The plan was for the brand to launch in China this year, with Europe and U.S. following in late 2018. But a new report from Automotive News says the launch for Europe and U.S. has been pushed back to 2019. “We think we will start in Europe between the first quarter and the first half of 2019 and enter the U.S. some months later,” said Alain Visser, Lynk & Co's senior vice president of marketing and sales. The reason for pushback comes down to Lynk & Co needing more time to establish a company-owned dealership network as it is taking slightly longer to find the locations. Visser said the company wants to build up a network of 500 dealers comprising of flagship and temporary pop-up stores. Despite having stores, vehicles will be sold online and delivered to the owner's house or office. Visser said plans for the Chinese launch is still on schedule with the 01 crossover launching towards the end of the year. Source: Automotive News (Subscription Required) Pic Credit: Newspress View full article
  15. Last October, Chinese automaker Geely unveiled a new global brand called Lynk & Co. This brand stood out in a few ways, Vehicles will be sold online Owners will be able to share their Lynk & Co vehicles to make some money An open application programming interface to develop in-car applications Recently announcing all of their vehicles would come with lifetime warranties The plan was for the brand to launch in China this year, with Europe and U.S. following in late 2018. But a new report from Automotive News says the launch for Europe and U.S. has been pushed back to 2019. “We think we will start in Europe between the first quarter and the first half of 2019 and enter the U.S. some months later,” said Alain Visser, Lynk & Co's senior vice president of marketing and sales. The reason for pushback comes down to Lynk & Co needing more time to establish a company-owned dealership network as it is taking slightly longer to find the locations. Visser said the company wants to build up a network of 500 dealers comprising of flagship and temporary pop-up stores. Despite having stores, vehicles will be sold online and delivered to the owner's house or office. Visser said plans for the Chinese launch is still on schedule with the 01 crossover launching towards the end of the year. Source: Automotive News (Subscription Required) Pic Credit: Newspress
  16. As General Motors begins to close the sale of Opel and Vauxhall to PSA Group, there are questions as to what GM will do in the European market afterwards. According to Automotive News, GM is planning to become a niche brand with selling Cadillac models, along with the Chevrolet Camaro and Corvette. “That is the plan at this time, to continue with those models and brands in Europe. We continue to grow the Cadillac brand. We’ll continue to do that in a very disciplined fashion,” said GM CEO Mary Barra on a conference call this morning. Cadillac has been trying to make end roads into Europe for a decade with middling success. Last year, Cadillac's 45 dealers in Europe (mostly in Germany and Switzerland) sold 781 vehicles, up 33 percent when compared to 2015. The brand has the goal of selling 5,000 vehicles yearly in Europe by the end of this decade. This includes sales of the Camaro and Corvette which are doing much better - more than 1,800 models sold last year. Source: Automotive News (Subscription Required) View full article
  17. As General Motors begins to close the sale of Opel and Vauxhall to PSA Group, there are questions as to what GM will do in the European market afterwards. According to Automotive News, GM is planning to become a niche brand with selling Cadillac models, along with the Chevrolet Camaro and Corvette. “That is the plan at this time, to continue with those models and brands in Europe. We continue to grow the Cadillac brand. We’ll continue to do that in a very disciplined fashion,” said GM CEO Mary Barra on a conference call this morning. Cadillac has been trying to make end roads into Europe for a decade with middling success. Last year, Cadillac's 45 dealers in Europe (mostly in Germany and Switzerland) sold 781 vehicles, up 33 percent when compared to 2015. The brand has the goal of selling 5,000 vehicles yearly in Europe by the end of this decade. This includes sales of the Camaro and Corvette which are doing much better - more than 1,800 models sold last year. Source: Automotive News (Subscription Required)
  18. OUCH OUCH OUCH, how do you go cheap and not offer the same packages of safety that you do in the US in Europe? Motoring Research of Europe tested the latest Ford Mustang and gave it a 2 out of 5 stars, first time an auto since 2008 has received this. https://www.motoringresearch.com/car-news/ford-mustang-slammed-two-star-euro-ncap-safety-rating The video of the testing makes one think twice about wanting to buy and drive a mustang. Course Ford says all the safety feature will show up in the next model year and should score just as good at the Volvo's that got 5 stars. Interesting how the ending comment is how did the volvo safety not rub off on Ford? LOL
  19. The current trend in powertrains is to downsize engine displacement to meet emission standards. Paired with a set of turbochargers, three-cylinder and even two-cylinder engines can produce enough power to move large vehicles. But this trend is coming to an end in Europe. Reuters reports that a number of European automakers are beginning to scrap their small displacement engines for larger displacement ones. With a number of real-world tests showing these engines produce higher CO2 and nitrogen oxide (NOx) emissions than in the lab, and stricter tests coming in the next few years, automakers are making a costly reversal. "They might be doing OK in the current European test cycle, but in the real world they are not performing. So there's actually a bit of 'upsizing' going on, particularly in diesel," said Pavan Potluri, an analyst with IHS Automotive. Industry sources gave Reuters some examples of automakers going bigger in terms of displacement. General Motors will ditch the 1.2L diesel in 2019. The smallest engine will be 25-30 percent bigger in displacement Renault will be increasing an almost 10 percent increase on the 1.6L diesel engine in the near future Volkswagen will replace the 1.4L three-cylinder diesel for a new 1.6L in their Polo subcompact "The techniques we've used to reduce engine capacities will no longer allow us to meet emissions standards. We're reaching the limits of downsizing." said Alain Raposo, head of powertrain at the Renault-Nissan alliance. We can't help but wonder if this change will extend into the U.S. There are a small number of three-cylinders engines on offer, but many automakers have been swapping V6s for turbocharged four-cylinders. Source: Reuters
  20. The current trend in powertrains is to downsize engine displacement to meet emission standards. Paired with a set of turbochargers, three-cylinder and even two-cylinder engines can produce enough power to move large vehicles. But this trend is coming to an end in Europe. Reuters reports that a number of European automakers are beginning to scrap their small displacement engines for larger displacement ones. With a number of real-world tests showing these engines produce higher CO2 and nitrogen oxide (NOx) emissions than in the lab, and stricter tests coming in the next few years, automakers are making a costly reversal. "They might be doing OK in the current European test cycle, but in the real world they are not performing. So there's actually a bit of 'upsizing' going on, particularly in diesel," said Pavan Potluri, an analyst with IHS Automotive. Industry sources gave Reuters some examples of automakers going bigger in terms of displacement. General Motors will ditch the 1.2L diesel in 2019. The smallest engine will be 25-30 percent bigger in displacement Renault will be increasing an almost 10 percent increase on the 1.6L diesel engine in the near future Volkswagen will replace the 1.4L three-cylinder diesel for a new 1.6L in their Polo subcompact "The techniques we've used to reduce engine capacities will no longer allow us to meet emissions standards. We're reaching the limits of downsizing." said Alain Raposo, head of powertrain at the Renault-Nissan alliance. We can't help but wonder if this change will extend into the U.S. There are a small number of three-cylinders engines on offer, but many automakers have been swapping V6s for turbocharged four-cylinders. Source: Reuters View full article
  21. William Maley

    Jaguar Gets Out the Wagon Marketplace

    Another one bites the dust in terms of the wagon marketplace. According to Automotive News Europe, Jaguar's design chief Ian Callum said the company would not being doing any wagons. "The [wagon] market is massively shrinking. I'm very sad about it but it's a very difficult market to justify," said Callum told a group of journalists at an event for the F-Pace crossover. Europe is the only market in the world where automakers can make inroads with wagons. During the launch of the XF Sportbrake back in 2012, Jaguar said wagons made up about 30 percent of the large luxury car market. Germany is the top market followed by the United Kingdom. "The world's biggest wagon market is Germany. And what do Germans buy? They buy German cars," said Callum. Meanwhile, the UK isn't as interested as wagons as they once were. Not helping matters is the growing demand for crossovers not only in Europe, but around the world. Jaguar is putting more effort in this market with the launch of the F-Pace. There is also rumors flying around that a smaller model called the E-Pace will join later. "We will do things that will surprise you but it won't be wagons," said Callum. Source: Automotive News Europe (Subscription Required)
  22. Since the Volkswagen diesel emission scandal came to light, more scrutiny has been put on automakers and emissions standards. Recent real-world tests of European market diesel vehicles have revealed a number were 10 times over the legal limit for emissions. With stricter regulations coming into effect next year, automakers are reconsidering their investment in diesel. Case in point is Renault. Reuters has learned from sources at the company that it believes diesel engines will disappear from their lineup due to stricter regulations. This comes from an internal meeting before a summer break where Renault went over the costs of meeting these stricter regulations. According to two people who were at the meeting, Renault's Chief Competitiveness Officer Thierry Bollore said the investment in diesel had dimmed significantly due to upcoming regulations. "He said we were now wondering whether diesel would survive, and that he wouldn't have voiced such doubts even at the start of this year," said one of the people. "Tougher standards and testing methods will increase technology costs to the point where diesel is forced out of the market." Next year will see Europe adopting emission standards similar to the ones in the U.S. known as Euro 6b. This will become more stringent as time goes on. Two years after Euro 6b comes into affect, European regulators will begin doing real-world testing of fuel economy and emissions. The combination of these two things means automakers will need to spend more money to make their vehicles meet these standards. "Everybody is backtracking on diesel because after 2017-18 it becomes more and more expensive," said Pavan Potluri, a powertrain analyst with consulting firm IHS Automotive. Already, diesel engines have been disappearing from city cars. Sources say Renault predicts that diesel will disappear from all B-Segment and some C-Segment models by 2020. Source: Reuters
  23. Since the Volkswagen diesel emission scandal came to light, more scrutiny has been put on automakers and emissions standards. Recent real-world tests of European market diesel vehicles have revealed a number were 10 times over the legal limit for emissions. With stricter regulations coming into effect next year, automakers are reconsidering their investment in diesel. Case in point is Renault. Reuters has learned from sources at the company that it believes diesel engines will disappear from their lineup due to stricter regulations. This comes from an internal meeting before a summer break where Renault went over the costs of meeting these stricter regulations. According to two people who were at the meeting, Renault's Chief Competitiveness Officer Thierry Bollore said the investment in diesel had dimmed significantly due to upcoming regulations. "He said we were now wondering whether diesel would survive, and that he wouldn't have voiced such doubts even at the start of this year," said one of the people. "Tougher standards and testing methods will increase technology costs to the point where diesel is forced out of the market." Next year will see Europe adopting emission standards similar to the ones in the U.S. known as Euro 6b. This will become more stringent as time goes on. Two years after Euro 6b comes into affect, European regulators will begin doing real-world testing of fuel economy and emissions. The combination of these two things means automakers will need to spend more money to make their vehicles meet these standards. "Everybody is backtracking on diesel because after 2017-18 it becomes more and more expensive," said Pavan Potluri, a powertrain analyst with consulting firm IHS Automotive. Already, diesel engines have been disappearing from city cars. Sources say Renault predicts that diesel will disappear from all B-Segment and some C-Segment models by 2020. Source: Reuters View full article
  24. Earlier this month, Cadillac revealed the CT6 and XT5 in Berlin ahead of their official European launch in September. At the present moment, the brand will be selling the vehicles through 45 dealers in 12 countries. Speaking with Autocar, Cadillac Europe’s head of product management Barnabas Vincze says they plan on doubling that by 2020 as part of a plan to achieve “organic growth” rather than going after volume. This shows in the sales goal as Cadillac wants to boost sales from about 550 vehicles last year to around 900-1000. For the time being, the CT6 and XT5 will be equipped only with gas engines. Down the road, Vincze says “all types of different powertrains were on the table as options” in the future, and the brand was “looking at them all now. For now, we bring high-performance petrols to market.” Also, Cadillac will be adding more crossovers to their European lineup. These include a model sitting between the XT5 and Escalade, and two small crossovers. “Crossovers will be key to us,” said Vincze. Source: Autocar View full article
  25. Earlier this month, Cadillac revealed the CT6 and XT5 in Berlin ahead of their official European launch in September. At the present moment, the brand will be selling the vehicles through 45 dealers in 12 countries. Speaking with Autocar, Cadillac Europe’s head of product management Barnabas Vincze says they plan on doubling that by 2020 as part of a plan to achieve “organic growth” rather than going after volume. This shows in the sales goal as Cadillac wants to boost sales from about 550 vehicles last year to around 900-1000. For the time being, the CT6 and XT5 will be equipped only with gas engines. Down the road, Vincze says “all types of different powertrains were on the table as options” in the future, and the brand was “looking at them all now. For now, we bring high-performance petrols to market.” Also, Cadillac will be adding more crossovers to their European lineup. These include a model sitting between the XT5 and Escalade, and two small crossovers. “Crossovers will be key to us,” said Vincze. Source: Autocar

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