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Found 4 results

  1. August 30th was going to be a momentous occasion for Audi. It would be unveiling the long-awaited e-tron crossover at an event in Brussels. Invitations to journalists had been sent out. But Automotive News reports that the event has been cancelled. Audi made the announcement yesterday, citing "organizational reasons". The event would now take place in the U.S. at a later date. Those "organizational reasons" are most likely due to the arrest of Audi CEO Rupert Stadler last week. Prosecutors took him into custody over concerns of evidence tampering. According to Bloomberg, Stadler will be spending another week in prison as he continues to be interviewed by prosecutors into his involvement in the diesel emission scandal. This is a big blow for Audi as they would have been the first German automaker to introduce a Tesla fighter. Mercedes-Benz will now get to be the first one with the introduction of the EQC crossover on September 4th in Stockholm. An Audi spokeswoman told Automotive News that the delay to the e-tron's unveiling will not affect the sales launch of the model, expected to happen later this year. Source: Automotive News (Subscription Required), Bloomberg (Subscription Required)
  2. August 30th was going to be a momentous occasion for Audi. It would be unveiling the long-awaited e-tron crossover at an event in Brussels. Invitations to journalists had been sent out. But Automotive News reports that the event has been cancelled. Audi made the announcement yesterday, citing "organizational reasons". The event would now take place in the U.S. at a later date. Those "organizational reasons" are most likely due to the arrest of Audi CEO Rupert Stadler last week. Prosecutors took him into custody over concerns of evidence tampering. According to Bloomberg, Stadler will be spending another week in prison as he continues to be interviewed by prosecutors into his involvement in the diesel emission scandal. This is a big blow for Audi as they would have been the first German automaker to introduce a Tesla fighter. Mercedes-Benz will now get to be the first one with the introduction of the EQC crossover on September 4th in Stockholm. An Audi spokeswoman told Automotive News that the delay to the e-tron's unveiling will not affect the sales launch of the model, expected to happen later this year. Source: Automotive News (Subscription Required), Bloomberg (Subscription Required) View full article
  3. Earlier this month, we reported that the Buick Verano would be leaving at the end of the 2017 model year. This is due to the sales sliding down due in part to the success of crossovers such as the Encore. At the time, General Motors declined to comment on the story. Today, they have made it official. In a statement provided to Automotive News, General Motors said Verano production would wind down at its Lake Orion plant in October. The model will have an abbreviated 2017 model year. The decision as to why comes down to crossovers. “When we’re thinking about where we’re investing for the future, with the whole market moving toward SUVs, that’s where we want to put our investment,” said Buick spokesman Stuart Fowle to The Detroit News. Workers at Lake Orion were notified about the decision on Wednesday. Dealers were told about it during national meetings in Austin, Texas this week. The writing on the wall for the Verano's departure has been on the wall for a while. Last year, Buick sold 31,886 Veranos while the similarly priced Encore crossover moved 67,549 units. Also, Buick's chief Duncan Aldred said that 70 percent of Buick's sales will be made up of crossovers once the Envision hits dealers. Source: Automotive News (Subscription Required), The Detroit News View full article
  4. Earlier this month, we reported that the Buick Verano would be leaving at the end of the 2017 model year. This is due to the sales sliding down due in part to the success of crossovers such as the Encore. At the time, General Motors declined to comment on the story. Today, they have made it official. In a statement provided to Automotive News, General Motors said Verano production would wind down at its Lake Orion plant in October. The model will have an abbreviated 2017 model year. The decision as to why comes down to crossovers. “When we’re thinking about where we’re investing for the future, with the whole market moving toward SUVs, that’s where we want to put our investment,” said Buick spokesman Stuart Fowle to The Detroit News. Workers at Lake Orion were notified about the decision on Wednesday. Dealers were told about it during national meetings in Austin, Texas this week. The writing on the wall for the Verano's departure has been on the wall for a while. Last year, Buick sold 31,886 Veranos while the similarly priced Encore crossover moved 67,549 units. Also, Buick's chief Duncan Aldred said that 70 percent of Buick's sales will be made up of crossovers once the Envision hits dealers. Source: Automotive News (Subscription Required), The Detroit News

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