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Found 757 results

  1. Jaguar Land Rover has already announced plans to begin electrifying their lineups beginning in 2020, but Jaguar could be going one step further. Autocar reports that the management is considering making Jaguar an EV-only brand within the next decade. Plans have already been drawn up for a strategy that would see Jaguar phase out its conventional lineup with fully electric models over the next five to seven years. Here is the gist of the strategy, A fully-electric sedan would replace the XJ sedan in two-years time. This model will take on the likes of the Tesla Model S and Porsche's upcoming Taycan. The XE and XF will be replaced by a new electric crossover that will be similar in size to Audi's e-tron crossover (possibly taking the place of the F-Pace) by 2023. 2025 would see the E-Pace replaced by the next-generation I-Pace. The upcoming large J-Pace crossover will be the sole conventional model until 2027 when an electric replacement debuts. There is talk about an electric sports car taking the place of the F-Type. It is quite the gamble that JLR is considering for the brand. But it one the brand is seriously considering for two reasons. One is that Jaguar sales have been floundering due partly to lineup having more sedans than crossovers, along with being heavily dependent on diesel. The other is that it would allow Jaguar to jump ahead of the likes of Audi and Mercedes-Benz with electric vehicles. Remember, Jaguar already has their EV on sale, while Audi and Mercedes-Benz are in the process of launching theirs. Source: Autocar View full article
  2. William Maley

    Rumorpile: Jaguar Considers Going Fully Electric

    Jaguar Land Rover has already announced plans to begin electrifying their lineups beginning in 2020, but Jaguar could be going one step further. Autocar reports that the management is considering making Jaguar an EV-only brand within the next decade. Plans have already been drawn up for a strategy that would see Jaguar phase out its conventional lineup with fully electric models over the next five to seven years. Here is the gist of the strategy, A fully-electric sedan would replace the XJ sedan in two-years time. This model will take on the likes of the Tesla Model S and Porsche's upcoming Taycan. The XE and XF will be replaced by a new electric crossover that will be similar in size to Audi's e-tron crossover (possibly taking the place of the F-Pace) by 2023. 2025 would see the E-Pace replaced by the next-generation I-Pace. The upcoming large J-Pace crossover will be the sole conventional model until 2027 when an electric replacement debuts. There is talk about an electric sports car taking the place of the F-Type. It is quite the gamble that JLR is considering for the brand. But it one the brand is seriously considering for two reasons. One is that Jaguar sales have been floundering due partly to lineup having more sedans than crossovers, along with being heavily dependent on diesel. The other is that it would allow Jaguar to jump ahead of the likes of Audi and Mercedes-Benz with electric vehicles. Remember, Jaguar already has their EV on sale, while Audi and Mercedes-Benz are in the process of launching theirs. Source: Autocar
  3. Tesla finds itself without a chairman of the board as Elon Musk has stepped down due to a settlement with Securities and Exchange Commission. A possible replacement for Musk could be James Murdoch, chief executive of 21st Century Fox and a member of Tesla's board according to a report from the Financial Times. The SEC is wanting the next chairperson to be independent and not beholden to Musk. Murdoch is the closest thing as he has more financial independence than another candidate, Antonio Gracias. The FT report says Gracias' venture capital firm, Valor Equity Partners was an early investor into Tesla, though it had sold its shares when Tesla had its IPO. Gracias is also a stakeholder in Musk's SpaceX, which clouds his independence. That isn't to say Murdoch's independence is clear either as he is friends with Musk, and has sided with him on a number of decisions. Sources tell the FT that Tesla is also looking outside of the company for a possible replacement. Tesla didn't respond for comment, but Elon Musk took to Twitter last night to respond. "This is incorrect," he wrote. Source: Financial Times (Subscription Required), Bloomberg
  4. Tesla finds itself without a chairman of the board as Elon Musk has stepped down due to a settlement with Securities and Exchange Commission. A possible replacement for Musk could be James Murdoch, chief executive of 21st Century Fox and a member of Tesla's board according to a report from the Financial Times. The SEC is wanting the next chairperson to be independent and not beholden to Musk. Murdoch is the closest thing as he has more financial independence than another candidate, Antonio Gracias. The FT report says Gracias' venture capital firm, Valor Equity Partners was an early investor into Tesla, though it had sold its shares when Tesla had its IPO. Gracias is also a stakeholder in Musk's SpaceX, which clouds his independence. That isn't to say Murdoch's independence is clear either as he is friends with Musk, and has sided with him on a number of decisions. Sources tell the FT that Tesla is also looking outside of the company for a possible replacement. Tesla didn't respond for comment, but Elon Musk took to Twitter last night to respond. "This is incorrect," he wrote. Source: Financial Times (Subscription Required), Bloomberg View full article
  5. Aside from the turbo-four engine, the 3.0L Duramax diesel inline-six for the upcoming 2019 Chevrolet Silverado and GMC Sierra 1500 has us very intrigued. General Motors has been quiet on power figures and fuel economy for this engine since announcing this engine earlier in the year. But thanks to a crafty person who got some photographs off of GM Canada’s dealer site, we now have some figures. The photos were posted by TFL Truck and reveal the diesel engine produces 282 horsepower and 450 pound-feet of torque - 32 horsepower and 10 pound-feet more than the F-150's 3.0L PowerStroke diesel. GM also claims a highway fuel economy figure of 28 mpg - about two mpg less than the F-150. That 28 mpg figure gives us pause as Canada reports fuel economy figures very different - 'x' liters per 100 kilometers - not miles per gallon. Max towing is rated at 7,800 pounds. We'll see if those numbers pan out when the diesel becomes available sometime later this or early next year. Source: TFL Truck View full article
  6. Aside from the turbo-four engine, the 3.0L Duramax diesel inline-six for the upcoming 2019 Chevrolet Silverado and GMC Sierra 1500 has us very intrigued. General Motors has been quiet on power figures and fuel economy for this engine since announcing this engine earlier in the year. But thanks to a crafty person who got some photographs off of GM Canada’s dealer site, we now have some figures. The photos were posted by TFL Truck and reveal the diesel engine produces 282 horsepower and 450 pound-feet of torque - 32 horsepower and 10 pound-feet more than the F-150's 3.0L PowerStroke diesel. GM also claims a highway fuel economy figure of 28 mpg - about two mpg less than the F-150. That 28 mpg figure gives us pause as Canada reports fuel economy figures very different - 'x' liters per 100 kilometers - not miles per gallon. Max towing is rated at 7,800 pounds. We'll see if those numbers pan out when the diesel becomes available sometime later this or early next year. Source: TFL Truck
  7. The Chrysler 300 will disappear in two years according Automotive News. Their annual future product pipeline reports that Chrysler will eliminate the 300 from their lineup in 2020. No replacement is planned. This follows rumors we've been hearing for the past couple of years that the 300 would be bumped off. But this presents a big problem for Chrysler. Without the 300, the only car in the lineup is the Pacifica minivan. But Automotive News says there is a model to take its place. It will be a fully-electric minivan based on the Portal concept that debuted at the 2017 CES in Las Vegas. The report says expect the concept to retain the reconfigurable interior that seats up to six people and possibly the sliding French doors. Production is expected to begin in 2020. Source: Automotive News (Subscription Required) View full article
  8. Late Thursday afternoon saw a massive bombshell dropped; the SEC sued Elon Musk over securities fraud over his August tweet that he was considering taking Tesla private and having the "Funding secured." But a new report from CNBC said there was a possible settlement between the two where Musk would not have to admit guilt. However, Musk pulled the plug on the deal at the last minute. According to sources, this is what the proposed deal looked like, Tesla and Musk would had to pay a fine Musk would not have to admit guilt or deny culpability Barred Musk as being the chairman for two years Require Tesla to find two new independent directors However, Musk refused this deal "because he felt that by settling he would not be truthful to himself, and he wouldn't have been able to live with the idea that he agreed to accept a settlement and any blemish associated with that, the sources said." This move puts Tesla and Musk in a very difficult spot. The company's stock fell 13.9 percent on Friday - the worst since November 2013. There are also questions as to whether or not Elon Musk will stay on as CEO or if this mess will force him to leave. Choosing to fight the SEC means it could take years for an outcome to be reached according to Toni Sacconaghi, an analyst with Bernstein Research. "In the absence of a settlement, the mere possibility that Musk could be removed as CEO (or entirely from Telsa) is likely to cast an overhang on the stock, and make it extremely difficult for the company to raise capital (either private or public)," Sacconaghi said. What will be Tesla's defense to the SEC's charge? The Wall Street Journal learned from a source that Musk believed "he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private." Musk believes that the SEC isn't "taking into account that Middle Eastern businesses routinely operate using verbal agreements in principle." Source: CNBC, Wall Street Journal (Subscription Required)
  9. Late Thursday afternoon saw a massive bombshell dropped; the SEC sued Elon Musk over securities fraud over his August tweet that he was considering taking Tesla private and having the "Funding secured." But a new report from CNBC said there was a possible settlement between the two where Musk would not have to admit guilt. However, Musk pulled the plug on the deal at the last minute. According to sources, this is what the proposed deal looked like, Tesla and Musk would had to pay a fine Musk would not have to admit guilt or deny culpability Barred Musk as being the chairman for two years Require Tesla to find two new independent directors However, Musk refused this deal "because he felt that by settling he would not be truthful to himself, and he wouldn't have been able to live with the idea that he agreed to accept a settlement and any blemish associated with that, the sources said." This move puts Tesla and Musk in a very difficult spot. The company's stock fell 13.9 percent on Friday - the worst since November 2013. There are also questions as to whether or not Elon Musk will stay on as CEO or if this mess will force him to leave. Choosing to fight the SEC means it could take years for an outcome to be reached according to Toni Sacconaghi, an analyst with Bernstein Research. "In the absence of a settlement, the mere possibility that Musk could be removed as CEO (or entirely from Telsa) is likely to cast an overhang on the stock, and make it extremely difficult for the company to raise capital (either private or public)," Sacconaghi said. What will be Tesla's defense to the SEC's charge? The Wall Street Journal learned from a source that Musk believed "he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private." Musk believes that the SEC isn't "taking into account that Middle Eastern businesses routinely operate using verbal agreements in principle." Source: CNBC, Wall Street Journal (Subscription Required) View full article
  10. Audi is planning to bring back a long-defunct name for an ultra-luxurious version of the A8. Automotive News has learned from sources that the luxury automaker is planning to introduce top-line A8 with the Horch name. Horch was a successful luxury brand in Germany during the 1920s and 1930s. In 1932, it would merge with Audi, DKW, and Wanderer to create Auto Union - what we know as Audi. Production of Horch vehicles would halt when World War II broke out. The brand would briefly would produce vehicles after the war before being shuttered. Audi has briefly toyed with the Horch name is the past two decades, going as far as creating mock-ups, but didn't go any farther. The A8 Horch is expected to get more luxury features, along with a Horch logo on the flanks or C-Pillar - similar to what Mercedes-Benz does with the Mercedes-Maybach S-Class. Power is expected to come from twin-turbo W12 engine. According to AN, the regular A8 W12 is on hold, despite being market-ready. There is the possibility of an V8 being on offer as well. Audi is planning to launch the Horch version of the A8 in two to three years, when the model is expected to be refreshed. Source: Automotive News (Subscription Required) View full article
  11. Audi is planning to bring back a long-defunct name for an ultra-luxurious version of the A8. Automotive News has learned from sources that the luxury automaker is planning to introduce top-line A8 with the Horch name. Horch was a successful luxury brand in Germany during the 1920s and 1930s. In 1932, it would merge with Audi, DKW, and Wanderer to create Auto Union - what we know as Audi. Production of Horch vehicles would halt when World War II broke out. The brand would briefly would produce vehicles after the war before being shuttered. Audi has briefly toyed with the Horch name is the past two decades, going as far as creating mock-ups, but didn't go any farther. The A8 Horch is expected to get more luxury features, along with a Horch logo on the flanks or C-Pillar - similar to what Mercedes-Benz does with the Mercedes-Maybach S-Class. Power is expected to come from twin-turbo W12 engine. According to AN, the regular A8 W12 is on hold, despite being market-ready. There is the possibility of an V8 being on offer as well. Audi is planning to launch the Horch version of the A8 in two to three years, when the model is expected to be refreshed. Source: Automotive News (Subscription Required)
  12. Fiat Chrysler Automobiles is considering replacing the Pentastar V6 with a brand new straight-six engine. A source tells Allpar the new engine will be based on their new four-cylinder Global Medium Engine (GME) - what is found under the hood of the Jeep Wrangler and Alfa Romeo Giulia. This will allow FCA to build the engine alongside the four-cylinder variant. Not many technical details are known about the engine aside from it being pegged around 2.9L to avoid taxes in certain European countries. We might expect larger displacements for trucks and SUVs. Production could take place at FCA's Dundee and Trenton, Michigan plants. It is expected that Ferrari will use a variant of this engine for Maserati vehicles. No timeframe as to when this new engine could debut. Allpar also mentions in their report that FCA was considering adding some sort of boost to the Pentastar, but ran into issues with the size and power constraints. Source: Allpar View full article
  13. The Chrysler 300 will disappear in two years according Automotive News. Their annual future product pipeline reports that Chrysler will eliminate the 300 from their lineup in 2020. No replacement is planned. This follows rumors we've been hearing for the past couple of years that the 300 would be bumped off. But this presents a big problem for Chrysler. Without the 300, the only car in the lineup is the Pacifica minivan. But Automotive News says there is a model to take its place. It will be a fully-electric minivan based on the Portal concept that debuted at the 2017 CES in Las Vegas. The report says expect the concept to retain the reconfigurable interior that seats up to six people and possibly the sliding French doors. Production is expected to begin in 2020. Source: Automotive News (Subscription Required)
  14. In the most recent five-year plan for Fiat Chrysler Automobiles, Ram Trucks revealed that it planned to have a new midsize truck by 2022. Thanks to a new report from Automotive News, we have some tantalizing details. According to supplier sources, the new Ram truck will be built at FCA's Toledo, Ohio plant - home to the Wrangler and upcoming Wrangler pickup. Half of the plant has been shutdown since April for retooling to make way for the Wrangler pickup. The line regularly built more than 230,000 JK Wranglers per year before undergoing the retooling process. FCA is not expecting the Wrangler truck to sell in high numbers, leaving a fair amount of capacity ready for another vehicle. Hence where the Ram midsize comes in. This also reveals that the midsize truck will be body-on frame. We've heard previously that Ram was considering unibody construction. The truck is expected to debut in 2020 as a 2021 model. Source: Automotive News (Subscription Required) View full article
  15. Fiat Chrysler Automobiles is considering replacing the Pentastar V6 with a brand new straight-six engine. A source tells Allpar the new engine will be based on their new four-cylinder Global Medium Engine (GME) - what is found under the hood of the Jeep Wrangler and Alfa Romeo Giulia. This will allow FCA to build the engine alongside the four-cylinder variant. Not many technical details are known about the engine aside from it being pegged around 2.9L to avoid taxes in certain European countries. We might expect larger displacements for trucks and SUVs. Production could take place at FCA's Dundee and Trenton, Michigan plants. It is expected that Ferrari will use a variant of this engine for Maserati vehicles. No timeframe as to when this new engine could debut. Allpar also mentions in their report that FCA was considering adding some sort of boost to the Pentastar, but ran into issues with the size and power constraints. Source: Allpar
  16. In the most recent five-year plan for Fiat Chrysler Automobiles, Ram Trucks revealed that it planned to have a new midsize truck by 2022. Thanks to a new report from Automotive News, we have some tantalizing details. According to supplier sources, the new Ram truck will be built at FCA's Toledo, Ohio plant - home to the Wrangler and upcoming Wrangler pickup. Half of the plant has been shutdown since April for retooling to make way for the Wrangler pickup. The line regularly built more than 230,000 JK Wranglers per year before undergoing the retooling process. FCA is not expecting the Wrangler truck to sell in high numbers, leaving a fair amount of capacity ready for another vehicle. Hence where the Ram midsize comes in. This also reveals that the midsize truck will be body-on frame. We've heard previously that Ram was considering unibody construction. The truck is expected to debut in 2020 as a 2021 model. Source: Automotive News (Subscription Required)
  17. Mercedes' is planning to have 10 fully-electric models by 2022 - a mix of electric models for current nameplates and new models as part of the EQ family. We've already seen the EQ C crossover and the EQ A hatchback is waiting in the wings. A new report from Autocar has revealed some details on the EQ S, the flagship model of the EQ family. The EQ S is expected to launch in 2020 and be first model to use a dedicated EV platform. Known as MEA2, the platform features a lot of aluminum and is designed with a fully flat floor. The EQ C and and EQ A use modified versions of current Mercedes models: MQ C uses a variation of the GLC's platform, and the EQ A will be based on a revised version of the A-Class platform. According to source, the EQ S will slot between the E and S-Class, and be similar in size to the CLS-Class. The EQ S will have a "shorter bonnet and ultra-short overhangs" to help maximize interior space. Power is expected to come from a dual-motor layout - one mounted on each axle. The EQ C has a similar layout and produces 402 horsepower and 564 pound-feet of torque. We would expect something similar for the EQ S. Source: Autocar View full article
  18. Mercedes' is planning to have 10 fully-electric models by 2022 - a mix of electric models for current nameplates and new models as part of the EQ family. We've already seen the EQ C crossover and the EQ A hatchback is waiting in the wings. A new report from Autocar has revealed some details on the EQ S, the flagship model of the EQ family. The EQ S is expected to launch in 2020 and be first model to use a dedicated EV platform. Known as MEA2, the platform features a lot of aluminum and is designed with a fully flat floor. The EQ C and and EQ A use modified versions of current Mercedes models: MQ C uses a variation of the GLC's platform, and the EQ A will be based on a revised version of the A-Class platform. According to source, the EQ S will slot between the E and S-Class, and be similar in size to the CLS-Class. The EQ S will have a "shorter bonnet and ultra-short overhangs" to help maximize interior space. Power is expected to come from a dual-motor layout - one mounted on each axle. The EQ C has a similar layout and produces 402 horsepower and 564 pound-feet of torque. We would expect something similar for the EQ S. Source: Autocar
  19. William Maley

    Rumorpile: Next-Generation Audi R8 To Go Electric

    Back in December, we reported that Audi had no plans on introducing a third-generation R8 sports car due to slow sales. But a new report says Audi is moving forward with the next-generation R8 and is planning to make it electric. According to Autocar, plans for the next-generation R8 were unshelled as the automaker is planning to build out a range of all-electric models for their e-tron sub-brand. An electric supercar would be an excellent way to cap off the lineup. The model is expected to take some ideas from the PB18 concept shown last month at Pebble Beach. Autocar speculates the model could produce up to 1000 horsepower from its electric motors (the report doesn't say how many motors). Production could begin at the company's Neckarsulm, Germany in 2022. Source: Autocar
  20. Back in December, we reported that Audi had no plans on introducing a third-generation R8 sports car due to slow sales. But a new report says Audi is moving forward with the next-generation R8 and is planning to make it electric. According to Autocar, plans for the next-generation R8 were unshelled as the automaker is planning to build out a range of all-electric models for their e-tron sub-brand. An electric supercar would be an excellent way to cap off the lineup. The model is expected to take some ideas from the PB18 concept shown last month at Pebble Beach. Autocar speculates the model could produce up to 1000 horsepower from its electric motors (the report doesn't say how many motors). Production could begin at the company's Neckarsulm, Germany in 2022. Source: Autocar View full article
  21. Before the start of this year's Detroit Auto Show, Ford held a press conference revealing new models such as the new Bullitt Mustang and Ranger. But they also teased a new electric crossover wearing an iconic name - Mach 1. The only details provided by Ford is that it would provide a range of 300 miles and launch in 2020. A new report from Autocar has some possible new details on the vehicle. The Mach 1 crossover currently has the codename of CX430 and will likely have some design cues inspired by the Mustang. Underpinning the model will be Ford's C2 platform. Currently, this platform is being used for the next-generation Focus and Escape crossover. The Mach 1 is part of Ford's plan to launch 16 electric vehicles by 2022. Source: Autocar View full article
  22. During the unveiling of the latest five-year plan for Fiat Chrysler Automobiles, Alfa Romeo revealed that it would have two more SUVs by 2022. At the time, we knew some of the details on the larger of the two new SUVs - would come with a new mild-hybrid system and use a stretched version of the Giorgio platform - what underpins the Giulia and Stelvio. But we had no details on the smaller model, until this week. Auto Express reports that the smaller model will use a shrunken version of Giorgio and feature electrification. This will likely include a hybrid system to take the place of a diesel. A possibility is adding a plug-in hybrid system. The new SUV will also come with Level 3 autonomous driving tech. The smaller SUV is expected to arrive first in 2020, followed by the larger one in 2021. Source: Auto Express
  23. During the unveiling of the latest five-year plan for Fiat Chrysler Automobiles, Alfa Romeo revealed that it would have two more SUVs by 2022. At the time, we knew some of the details on the larger of the two new SUVs - would come with a new mild-hybrid system and use a stretched version of the Giorgio platform - what underpins the Giulia and Stelvio. But we had no details on the smaller model, until this week. Auto Express reports that the smaller model will use a shrunken version of Giorgio and feature electrification. This will likely include a hybrid system to take the place of a diesel. A possibility is adding a plug-in hybrid system. The new SUV will also come with Level 3 autonomous driving tech. The smaller SUV is expected to arrive first in 2020, followed by the larger one in 2021. Source: Auto Express View full article
  24. Last week, Tesla CEO Elon Musk revealed that Saudi Arabia's Public Investment Fund (PIF) could help provide the necessary funding to make the company private. But a new report hints that the PIF could invest its money into a different electric automaker. Reuters has learned from sources that the PIF is in talks with Lucid Motors about a potential investment. The two have drawn up a term sheet where the PIF could invest more than $1 billion into Lucid Motors and become the majority stakeholder. One source adds that the first investment would only be for $500 million and that subsequent investments would only come if Lucid Motors is able to hit certain production milestones The sources do caution that the talks may not result in a deal. Despite the PIF having $250 billion in assets, Reuters says the fund has already made a number of substantial investments into other things such as a $45 billion investment into a giant technology fund. This leaves them with limited funds, which makes the deal with Lucid more appealing. Banks have estimated that Tesla could need up to $72 billion if Tesla pays the $420 per share announced by Musk a few weeks ago. However, the price could drop if current shareholders keep their shares in the private company. Lucid Motors made a big splash in 2016 with the introduction of the Air. The model made some big promises such as having the interior space of a Mercedes-Benz S-Class and a max range of up to 400 miles on a charge. Lucid was planning to start production of the sedan this year in Arizona. But last year, the company pushed back production to 2019 as they needed to raise more funds. Source: Reuters View full article
  25. Last week, Tesla CEO Elon Musk revealed that Saudi Arabia's Public Investment Fund (PIF) could help provide the necessary funding to make the company private. But a new report hints that the PIF could invest its money into a different electric automaker. Reuters has learned from sources that the PIF is in talks with Lucid Motors about a potential investment. The two have drawn up a term sheet where the PIF could invest more than $1 billion into Lucid Motors and become the majority stakeholder. One source adds that the first investment would only be for $500 million and that subsequent investments would only come if Lucid Motors is able to hit certain production milestones The sources do caution that the talks may not result in a deal. Despite the PIF having $250 billion in assets, Reuters says the fund has already made a number of substantial investments into other things such as a $45 billion investment into a giant technology fund. This leaves them with limited funds, which makes the deal with Lucid more appealing. Banks have estimated that Tesla could need up to $72 billion if Tesla pays the $420 per share announced by Musk a few weeks ago. However, the price could drop if current shareholders keep their shares in the private company. Lucid Motors made a big splash in 2016 with the introduction of the Air. The model made some big promises such as having the interior space of a Mercedes-Benz S-Class and a max range of up to 400 miles on a charge. Lucid was planning to start production of the sedan this year in Arizona. But last year, the company pushed back production to 2019 as they needed to raise more funds. Source: Reuters

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