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Found 16 results

  1. When Polestar announced their first model, the 1, they said it would be available through a subscription for either two or three years. But it seems that you might be able to buy one outright if you have the cash. "I think it would be very difficult to me to turn around to a customer who walks in with a 'hundred-and-x thousand dollars' and says, 'I want to buy one.' I think I'm not particularly convinced that I'll be turning them away and saying, 'Absolutely not, sir or madam. You have to have it on subscription.' I think subscription is going to be a key part of it," said Jonathan Goodma
  2. When Polestar announced their first model, the 1, they said it would be available through a subscription for either two or three years. But it seems that you might be able to buy one outright if you have the cash. "I think it would be very difficult to me to turn around to a customer who walks in with a 'hundred-and-x thousand dollars' and says, 'I want to buy one.' I think I'm not particularly convinced that I'll be turning them away and saying, 'Absolutely not, sir or madam. You have to have it on subscription.' I think subscription is going to be a key part of it," said Jonathan Goodma
  3. Jaguar Land Rover has been on a bit of a roll ever since being taken in by Indian company Tata Group. But the British automaker is considering possibly acquiring another brand. Various sources have told Bloomberg that internal discussions have been taking place about buying up another brand, specifically one that fits in with their current lineup. Senior officials at Tata believe Jaguar Land Rover "needs to bulk up to stay competitive, and the Indian conglomerate is willing to provide financial support for potential acquisitions if needed, one of the people said." Jaguar Land Rover play a
  4. Jaguar Land Rover has been on a bit of a roll ever since being taken in by Indian company Tata Group. But the British automaker is considering possibly acquiring another brand. Various sources have told Bloomberg that internal discussions have been taking place about buying up another brand, specifically one that fits in with their current lineup. Senior officials at Tata believe Jaguar Land Rover "needs to bulk up to stay competitive, and the Indian conglomerate is willing to provide financial support for potential acquisitions if needed, one of the people said." Jaguar Land Rover play a
  5. Ever since the rumor of a Chinese automaker possibly buying Fiat Chrysler Automobiles came to light last week, the various Chinese brands have been saying 'not us'. It seemed no one was interested in taking FCA to the dance, or wanted to admit it out loud. That changed today as Great Wall Motor revealed to Automotive News that it was interested in buying FCA, well part of it. Great Wall President Wang Fengying wrote in an email to Automotive News that the company is intending to buy Jeep and is "connecting with FCA" to possibly begin negotiations. Xu Hui, a spokesman for Great Wall said i
  6. Ever since the rumor of a Chinese automaker possibly buying Fiat Chrysler Automobiles came to light last week, the various Chinese brands have been saying 'not us'. It seemed no one was interested in taking FCA to the dance, or wanted to admit it out loud. That changed today as Great Wall Motor revealed to Automotive News that it was interested in buying FCA, well part of it. Great Wall President Wang Fengying wrote in an email to Automotive News that the company is intending to buy Jeep and is "connecting with FCA" to possibly begin negotiations. Xu Hui, a spokesman for Great Wall said i
  7. The past few years have been tiring if you happen to be a millennial. There has been countless articles talking about how this group are not buying houses or vehicles. Of course, the reason is that millennials don't have the money (saddled with more debt, having entry-level salaries, etc). But that is changing. According to a report from Bloomberg, millennials are beginning to head out to the suburbs, and purchasing houses and cars. The reason? They're having their baby boom. According to data from the Zillow Group, Americans aged from 18 to 34 have become the largest group of home buyers
  8. The past few years have been tiring if you happen to be a millennial. There has been countless articles talking about how this group are not buying houses or vehicles. Of course, the reason is that millennials don't have the money (saddled with more debt, having entry-level salaries, etc). But that is changing. According to a report from Bloomberg, millennials are beginning to head out to the suburbs, and purchasing houses and cars. The reason? They're having their baby boom. According to data from the Zillow Group, Americans aged from 18 to 34 have become the largest group of home buyers
  9. G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com EV Group Buying, Is it the Right Thing to do from a State / Federal Level? Washington, Colorado, Florida, Tennessee all have instituted Group buying programs of EVs to push the cost of the EV auto down significantly. Per an editorial on Green Car Reports about this very same thing the quote the following: "The Colorado counties of Boulder, Adams, and Denver cut the price of a 2015 Nissan Leaf S for residents by $8,349. Combined with Federal and state incentives, that effectively reduced the price of this mod
  10. With gas prices making a downward trend, sales of SUVs are making an upward climb. In fact, SUVs, pickups, and crossovers when added together make up half of total volume of sales in April. Now with the increase in SUV sales, prices also went up. Edmunds reports that average transaction prices on SUVs have climbed nine percent when compared to last year. Now when something goes up, something must come down. In this case, it happens to be small cars. Edmunds says that the average timeframe to sell a small car has risen from two and half months to three. The increase in the time to sell has al
  11. With gas prices making a downward trend, sales of SUVs are making an upward climb. In fact, SUVs, pickups, and crossovers when added together make up half of total volume of sales in April. Now with the increase in SUV sales, prices also went up. Edmunds reports that average transaction prices on SUVs have climbed nine percent when compared to last year. Now when something goes up, something must come down. In this case, it happens to be small cars. Edmunds says that the average timeframe to sell a small car has risen from two and half months to three. The increase in the time to sell has al
  12. This morning on MSN / MotorTrend they had the story "15 optional enginese worth buying"! http://editorial.autos.msn.com/15-optional-engines-worth-buying?icid=autos_5982 The end result was the following list: Audi A6 - Upgrade to the TDI V6 Buick Regal - Upgrade to the Turbo I4 {they state this is German Entry Lux alternative worth the money} Ford Fiesta - Upgrade to Ecoboost Turbo I3 Jaguar F-Type - Upgrade to Supercharged V8 from Supercharged V6 Kia Optima - Upgrade to Turbo I4 Subaru Impreza - Upgrade to WRX VW Golf - Upgrade to the GTI Jeep Grand Cherokee - Upgrade to 3L
  13. Last Thursday, Beijing Automotive (BAIC) made an interesting announcement. Reuters reports the company is looking into buying a "mid to high-end brand" in Europe or the United States. If you're wondering, they have a number of companies in mind, but don't give out any names. President Dong Haiyang told reporters at a briefing in Beijing that this would allow them to break into the global marketplace much quicker. The company already some ties in the automotive world mostly in Europe. First, the company bought the bulk of the technology that underpins the last-generation Saab 9-3 and 9-5 seda
  14. Last Thursday, Beijing Automotive (BAIC) made an interesting announcement. Reuters reports the company is looking into buying a "mid to high-end brand" in Europe or the United States. If you're wondering, they have a number of companies in mind, but don't give out any names. President Dong Haiyang told reporters at a briefing in Beijing that this would allow them to break into the global marketplace much quicker. The company already some ties in the automotive world mostly in Europe. First, the company bought the bulk of the technology that underpins the last-generation Saab 9-3 and 9-5 seda
  15. Despite countless studies and reports that say Gen Y (AKA millienals) aren't interested in cars, a new study released this week says this key group are interested in cars. Deloitte LLP, a financial consulting firm published their Global Automotive Consumer Study which showed that Gen Y is very much interested in getting their own vehicle, despite not having the same love affair as their parents and grandparents. "Well over half (61 percent) of Gen Y consumers in the Deloitte report expect to buy or lease a car within the next three years," said Craig Giffi, vice chairman of Deloitte. Giffi w
  16. Despite countless studies and reports that say Gen Y (AKA millienals) aren't interested in cars, a new study released this week says this key group are interested in cars. Deloitte LLP, a financial consulting firm published their Global Automotive Consumer Study which showed that Gen Y is very much interested in getting their own vehicle, despite not having the same love affair as their parents and grandparents. "Well over half (61 percent) of Gen Y consumers in the Deloitte report expect to buy or lease a car within the next three years," said Craig Giffi, vice chairman of Deloitte. Giffi w

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