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  1. IHS Markit recently published their analysis on how long Americans are holding onto their vehicles. The average according to the firm stands at 11.9 years, the highest amount since they have been tracking this. Also, about one in four vehicles is over sixteen years old. We should note that this data came before COVID-19 started to wreak havoc on the U.S. IHS notes that new cars only made up 6.1 percent of vehicles in operation in 2019, down 0.8 percent when compared to high of 2016. This highlights falling new car sales. But the question lingering over automakers and analysts is will the
  2. When Kia revealed the new Soul to the U.S. in 2018, they announced that the EV would be arriving sometime a year later. 2019 came and the automaker announced that the Soul EV had been pushed back to 2020. A few months later, the launch date was pushed to 2021. Now, an internal source at Kia's U.S. office has revealed to Roadshow that the Soul EV isn't coming at all. According to the source, a number of factors played into this decision. Some of the factors such as limited supply of batteries and motors, along with increased demand for the model Europe were used to explain the last delay.
  3. When Kia revealed the new Soul to the U.S. in 2018, they announced that the EV would be arriving sometime a year later. 2019 came and the automaker announced that the Soul EV had been pushed back to 2020. A few months later, the launch date was pushed to 2021. Now, an internal source at Kia's U.S. office has revealed to Roadshow that the Soul EV isn't coming at all. According to the source, a number of factors played into this decision. Some of the factors such as limited supply of batteries and motors, along with increased demand for the model Europe were used to explain the last delay.
  4. IHS Markit recently published their analysis on how long Americans are holding onto their vehicles. The average according to the firm stands at 11.9 years, the highest amount since they have been tracking this. Also, about one in four vehicles is over sixteen years old. We should note that this data came before COVID-19 started to wreak havoc on the U.S. IHS notes that new cars only made up 6.1 percent of vehicles in operation in 2019, down 0.8 percent when compared to high of 2016. This highlights falling new car sales. But the question lingering over automakers and analysts is will the
  5. Genesis was hoping to have a one-two punch for the U.S. with the launch of the new GV80 crossover and redesigned G80 this summer. But the COVID-19 pandemic has screwed up these plans. Automotive News reports that Genesis has pushed back the launch of both models to the fall. A Genesis spokesman told the outlet that Genesis couldn't get the two vehicles into EPA testing to have them certified for vehicle emissions. The labs that perform the tests were shutdown due to COVID-19. Source: Automotive News (Subscription Required) View full article
  6. Genesis was hoping to have a one-two punch for the U.S. with the launch of the new GV80 crossover and redesigned G80 this summer. But the COVID-19 pandemic has screwed up these plans. Automotive News reports that Genesis has pushed back the launch of both models to the fall. A Genesis spokesman told the outlet that Genesis couldn't get the two vehicles into EPA testing to have them certified for vehicle emissions. The labs that perform the tests were shutdown due to COVID-19. Source: Automotive News (Subscription Required)
  7. In Europe, Volkswagen offers a couple of plug-in hybrid models such as the Golf GTE. But don't expect any those plug-in hybrids to come to the U.S. "It's a bridging technology," between internal-combustion and full-electric cars, said Matthew Renna, Volkswagen North America Region's vice president of e-mobility yesterday at the Chicago Auto Show. "It's very cost-prohibitive to have two different powertrains on one platform." Volkswagen has made no secret about their electric car ambitions, with plans to launch a full lineup within the next few years. While Europe will get a smal
  8. In Europe, Volkswagen offers a couple of plug-in hybrid models such as the Golf GTE. But don't expect any those plug-in hybrids to come to the U.S. "It's a bridging technology," between internal-combustion and full-electric cars, said Matthew Renna, Volkswagen North America Region's vice president of e-mobility yesterday at the Chicago Auto Show. "It's very cost-prohibitive to have two different powertrains on one platform." Volkswagen has made no secret about their electric car ambitions, with plans to launch a full lineup within the next few years. While Europe will get a smal
  9. China has announced today that it would be reducing tariffs on U.S.-built cars and car parts from 40 to 15 percent beginning on January 1st. This reduction will last for three months as the U.S. and China begin hashing out a new trade deal. We first reported the reduction of the tariffs earlier this week. China's Ministry of Finance posted on their website said it hopes the talks between the two can go quickly and remove "all additional tariffs on each other’s goods" that were brought forth before the current trade-war. “China just announced that their economy is growing much slower
  10. China has announced today that it would be reducing tariffs on U.S.-built cars and car parts from 40 to 15 percent beginning on January 1st. This reduction will last for three months as the U.S. and China begin hashing out a new trade deal. We first reported the reduction of the tariffs earlier this week. China's Ministry of Finance posted on their website said it hopes the talks between the two can go quickly and remove "all additional tariffs on each other’s goods" that were brought forth before the current trade-war. “China just announced that their economy is growing much slower
  11. Hyundai was planning on offering three different powertrains for the Santa Fe; the 2.4L four-cylinder as the base, an optional turbocharged 2.0L turbo-four, and a new 2.2L turbodiesel. The diesel would also be the only Santa Fe model to offer a third-row. But Green Car Reports has learned the diesel option has been canned. Brandon Ramirez, a spokesman for Hyundai confirmed the cancellation of the diesel during a first drive event of the Palisade in South Korea. The reason was due studies showing that consumers were not as willing to purchase a diesel as before. Likely helping this is the
  12. Hyundai was planning on offering three different powertrains for the Santa Fe; the 2.4L four-cylinder as the base, an optional turbocharged 2.0L turbo-four, and a new 2.2L turbodiesel. The diesel would also be the only Santa Fe model to offer a third-row. But Green Car Reports has learned the diesel option has been canned. Brandon Ramirez, a spokesman for Hyundai confirmed the cancellation of the diesel during a first drive event of the Palisade in South Korea. The reason was due studies showing that consumers were not as willing to purchase a diesel as before. Likely helping this is the
  13. The Chinese government is considering a proposal to reduce tariffs on U.S.-Built vehicles from the current 40 percent back down to the 15 percent before the trade war broke out between it and the U.S. Sources tell Bloomberg a proposal has been submitted to the cabinet to be reviewed in the coming days. This proposal stems from a trade summit in Buenos Aires where U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce on the trade war earlier this month. After the meeting, Trump tweeted out that "China agreed to “reduce and remove” tariffs on imported America
  14. The Chinese government is considering a proposal to reduce tariffs on U.S.-Built vehicles from the current 40 percent back down to the 15 percent before the trade war broke out between it and the U.S. Sources tell Bloomberg a proposal has been submitted to the cabinet to be reviewed in the coming days. This proposal stems from a trade summit in Buenos Aires where U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce on the trade war earlier this month. After the meeting, Trump tweeted out that "China agreed to “reduce and remove” tariffs on imported America
  15. Back in June, Ford and Volkswagen signed a Memorandum of Understanding for a new alliance that would focus on commercial vehicles. Since then, the two companies have been in discussions about it and there have been various rumors flying about. Yesterday, Volkswagen CEO Herbert Diess added some more fuel to the fire. Speaking to reporters outside of the White House, Diess revealed that the German automaker is interested in using Ford's plants in the U.S. to build vehicles. "We might use Ford capacity here in the U.S. to build cars for us," said Diess. “We need additional capacity
  16. Back in June, Ford and Volkswagen signed a Memorandum of Understanding for a new alliance that would focus on commercial vehicles. Since then, the two companies have been in discussions about it and there have been various rumors flying about. Yesterday, Volkswagen CEO Herbert Diess added some more fuel to the fire. Speaking to reporters outside of the White House, Diess revealed that the German automaker is interested in using Ford's plants in the U.S. to build vehicles. "We might use Ford capacity here in the U.S. to build cars for us," said Diess. “We need additional capacity
  17. Mini has been struggling in the U.S. for the past few as more consumers shun small cars. The brand which expected annual sales to total 100,000 vehicles by 2017, peaked at about 66,500 models in 2013 according to Automotive News. Sales through the first ten months of the years have totaled 37,359. This isn't good news for the 127 standalone Mini dealers in the U.S. as it makes it tough for owners to justify the investment. In 2016, 45 percent of Mini dealers reported being unprofitable. A year later, that number rose to 54 percent. "As a dealer and a manufacturer you have a vision of wher
  18. Mini has been struggling in the U.S. for the past few as more consumers shun small cars. The brand which expected annual sales to total 100,000 vehicles by 2017, peaked at about 66,500 models in 2013 according to Automotive News. Sales through the first ten months of the years have totaled 37,359. This isn't good news for the 127 standalone Mini dealers in the U.S. as it makes it tough for owners to justify the investment. In 2016, 45 percent of Mini dealers reported being unprofitable. A year later, that number rose to 54 percent. "As a dealer and a manufacturer you have a vision of wher
  19. Kia's car-heavy lineup has been hurting them in terms of sales as consumers want more truck and utilities. Through September, Kia sales in the U.S. dropped 1.3 percent to 452,042 vehicles. But Kia CEO Han-Woo Park tells Automotive News that he expects "our performance in the U.S. market to rebound soon." This will be due in part to two new crossovers arriving next year; the Telluride next Spring, followed by a new subcompact crossover in the second half. The subcompact crossover will be based on the SP Concept that debuted at India's Auto Expo in March. Production of the U.S. version will
  20. Kia's car-heavy lineup has been hurting them in terms of sales as consumers want more truck and utilities. Through September, Kia sales in the U.S. dropped 1.3 percent to 452,042 vehicles. But Kia CEO Han-Woo Park tells Automotive News that he expects "our performance in the U.S. market to rebound soon." This will be due in part to two new crossovers arriving next year; the Telluride next Spring, followed by a new subcompact crossover in the second half. The subcompact crossover will be based on the SP Concept that debuted at India's Auto Expo in March. Production of the U.S. version will
  21. Many people were hoping that Ford would bring the new Raptor Ranger to the U.S. It would offer the off-road performance and capability of the larger F-150 Raptor, but in a smaller and (hopefully) more affordable package. But that isn't going to be happening. Hermann Salenbauch, the vehicle line director for Ford Performance told journalists yesterday that the company has no plans to bring the Ranger Raptor to the U.S. A key reason mentioned by Salenbauch is due to the high costs to make the Ranger Raptor legal to sell in the U.S. as the model is based on the global Ranger. We have to assu
  22. Many people were hoping that Ford would bring the new Raptor Ranger to the U.S. It would offer the off-road performance and capability of the larger F-150 Raptor, but in a smaller and (hopefully) more affordable package. But that isn't going to be happening. Hermann Salenbauch, the vehicle line director for Ford Performance told journalists yesterday that the company has no plans to bring the Ranger Raptor to the U.S. A key reason mentioned by Salenbauch is due to the high costs to make the Ranger Raptor legal to sell in the U.S. as the model is based on the global Ranger. We have to assu
  23. Volkswagen was originally planning to roll out the Arteon in the U.S. towards the end of this year. But complications stemming from the European Union's Worldwide Harmonized Light-Duty Vehicles Test Procedure (WLTP) has caused the German automaker to push back the launch to early 2019. Automotive News reports that the first hint of the delay came when Volkswagen cancelled a media drive event in California that was scheduled for next month. A spokesman told the outlet the delay comes down to delays in the certification process caused by a backlog in meeting [new] WLTP worldwide emissions t
  24. Volkswagen was originally planning to roll out the Arteon in the U.S. towards the end of this year. But complications stemming from the European Union's Worldwide Harmonized Light-Duty Vehicles Test Procedure (WLTP) has caused the German automaker to push back the launch to early 2019. Automotive News reports that the first hint of the delay came when Volkswagen cancelled a media drive event in California that was scheduled for next month. A spokesman told the outlet the delay comes down to delays in the certification process caused by a backlog in meeting [new] WLTP worldwide emissions t
  25. Polestar has revealed new details as to how it plans on selling their vehicles in the U.S. As we have previously reported, Polestar will be using an online system for customers to do research, configure, and order their vehicle. They'll also have the choice of either purchasing a vehicle outright or doing a subscription model where insurance and maintenance is covered in the payment. But as Thomas Ingenlath, CEO of Polestar admits in a statement, "many people want to physically see a car before ordering." That's where Polestar Spaces come into play. These will be franchised by dealers and

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