, Italy’s largest automaker and the company in control of , has announced that it is suspending sales to amidst a wave of global sanctions against the Middle Eastern country’s nuclear efforts. The automaker says this includes passenger cars, trucks and buses under its Iveco brand.
The automaker said it will honor a limited number of binding contracts but would stop exporting any cars or parts to Iran immediately. Fiat also said that its business in Iran was “totally immaterial in a quantitative and qualitative sense.” In other words, the move won’t have any real impact on the company’s bottom line, apparently.
Fiat joins , PSA and as automakers no longer doing business in Iran. No American automakers sell vehicles in Iran. Read the complete statement from Fiat , along with a response from United Against Nuclear Iran.
has already tipped its hand, revealing that it will introduce five new models over the next 15 months. Those five models include the , , , and . Of those, we’ve already spent some time with the Altima, and its improved performance, upscale interior and slightly larger dimensions once again had us wondering if there was still a need in Nissan’s portfolio for the pricier .
Apparently, there is. Despite the Max sharing the Altima’s basic platform and powertrains for some time now, Nissan says its most expensive sedan is viewed differently by consumers. Officials we spoke with at the Altima’s launch in Tennessee this week noted that the company sold about 59,000 examples last year, of which some 51,000 went to actual retail customers. For those keeping track of such things, Nissan says that actually makes Maxima America’s top retailing non-luxury V6 sedan, Number One in a catch-all segment that includes everything from the to the , , and (not to mention six-cylinder versions of cars like the , and ). The current Maxima has been on sale since 2008 and received a very minor facelift for 2012.
According to J.D. Power and its Power Information Network data, those purchases transacted at around $30,000, well above the Altima’s $24,000 sales sweet spot.
Add all this up, and you get a solid business case for the next-gen Maxima, on which work has just kicked off in earnest now that the company’s decks have been cleared of the Altima. Officials declined to nail down a timeframe for us, but given what we know about Nissan’s product cadence over the next 12 months or so, we suspect the eighth-generation Maxima will arrive for 2015. Given the current car’s quiet sales success, we don’t expect the next Maxima to radically change the formula, so exorcise any thoughts you have about a shift to rear- or all-wheel-drive architecture. The original Maxima arrived in 1980 as a RWD sedan but made the shift to FWD in 1984 and hasn’t looked back since.
In the latest release of its BrandZ Top 100 Most Valuable Global Brands study, market researchers Milward Brown have given the highest ranking of any carmaker, according to Automotive News. – last year’s winner – finished second, followed by , and , according to the report.
BMW had last finished atop the rankings in 2010, according to the report, with Toyota taking the crown from 2006-2009. The highest-ranked American brand was at seventh, trailing sixth-place . The top ten was filled out by , and . Toyota’s drop was attributed to its production interruptions due to the natural disasters that affected all of the Japanese automakers last year, according to AN.
BMW’s win among auto manufacturers was only enough to place it 23rd in the overall brand ranking, with an estimated brand value of $24.6 billion. Apple, the overall winner, according to the report, had a $182.9 billion valuation, ahead of IBM ($116 billion) and Google ($107.9 billion). Toyota’s valuation was $21.8 billion, with Mercedes-Benz and Honda far behind at $16.1 billion and $12.7 billion respectively. No other carmaker had a valuation over $10 billion.
The annual “Car Wars” report by Merrill Lynch analyst John Murphy predicts that, despite their seizing of U.S. market share over the last few tumultuous years, Korean brands and will give it all back and then some to companies like , General Motors and by 2016.
Murphy bases his predictions not on tea leaves or crystal balls, but rather the rate at which automakers launch new products. Ford will replace 26 percent of its product line over the next four years, a number that represents 46 percent of its volume, while General Motors will replace 25 percent and Toyota 24 percent. On account of these new product launches, Murphy says Ford can expect to add 0.8 percentage points of market share, General Motors will recover 0.5 points and Toyota will add another 0.3 points.
Other automakers that won’t be so aggressive in turning over their lineups with new models include , , and the European brands, which Murphy surmises will all remain flat in terms of market share.
Hyundai and Kia, meanwhile, will be introducing fewer new models than the rest and therefore, Murphy predicts, will see a 0.5 decline in U.S. market share.
Of course, these are all just predictions and can be blown to bits with the next unforeseen economic crisis or natural disaster, just like the last three years were. And there are other factors that might affect market share for each automaker during the next three years, including the availability of raw materials, exchange rates, union contracts, recalls and a million another minor things that might grow to become big things, not the least of which is consumers deciding they actually like all those new products being launched.
The has crowned two sedans and a hatchback as Top Safety Picks: the , 2012 and 2012 . The redesigned 2013 joins its 2012 model-mate as a Top Pick, and the 2013 earned a good side impact rating even without its optional side airbags.
The Prius c also has siblings that have won the award, the and . The Azera had been rated in a few earlier tests, but in completing the testing regime with good marks all ’round it earned the accolade. The Top Pick moniker is given to vehicles that score “Good” in the IIHS’s front, side, rollover and rear-impact tests.
Have a look for video of the Malibu and Prius c going through their side-impact exams.
Before financial Stargate opened in September of 2008 and transported us to an entirely new economic dimension, it was oh so common to read about domestic automakers hammering Tier One suppliers to lower their prices. Of course, suppliers are still asked to find efficiencies, but pre-2008, it seemed a point of honor to hold a supplier’s feet to the fire. No more: in the latest Working Relations Index survey of suppliers by Detroit firm Planning Perspectives Inc., and rocketed up the charts to bring the bunch much closer together.
Admittedly, the two companies are still in last place, with GM just ahead of Chrysler and and still up top. But perspective and improvement is the issue here: in 2005, Toyota scored 415 and GM scored 114. In this year’s survey, Toyota scored 296 and Chrysler scored 248. It is the first time in the 12 years of the survey that the six automakers covered have been separated by less than 50 points. Chrysler’s jump was led by the efforts of the , whle GM’s improvement has been led by Bob Socia.
And yes, this is also a matter of the perennial leaders, Toyota and Honda, suffering a dip: and Honda 309, two years later, Toyota has dropped 31 points. Every automaker, however, from top to bottom acknowledged that they still have work to do with supplier relations. The benefits of good feelings are that suppliers tend to present their newest tech to, and make better parts for, the automakers with whom they have the best relationships. Naturally, it has been found that the reverse is true as well.
Nissan and Ford make up the middle two spots, where they’ve been for years. , , and aren’t on the list yet; PPI feels it doesn’t have enough data on the Germans to yet to officially include them, and it doesn’t have enough data on Hyundai to rank it at all. If the data gathered on the Germans was included, though, they would sandwich the rest of the field: BMW and Mercedes at the top, Volkswagen at the bottom a point shy of Chrysler.
Safety features like airbags are supposed to keep us safe in the event of a collision. But one driver allegedly met with a nasty surprise when an airbag in his car reportedly sliced his ear in half.
According to the Detroit Free Press, the incident occurred on April 7 when an unnamed owner of a 2012 was in a crash. Apparently the side curtain airbag on the driver’s side rapidly inflated (like it’s supposed to) but took with it a metal bracket (which it’s not). The result was a severe laceration to the driver’s ear in an automotive reenactment of Holyfield-Tyson II.
The National Highway Traffic Safety Administration is apparently looking into the event, but has yet to issue a recall. Hyundai for its part insists the incident was isolated, and that it has not received reports of anything similar happening to any other drivers.
Baboons are curious creatures. And, thanks to their opposable thumbs, they are rather excellent at satiating that curiosity, no matter what impediments stand in their way. Apparently, that includes door handles.
decided there was no better way to test the durability of its hatchback (that’s the here in the States) than to send it into Knowsley Safari Park, near Liverpool in the UK. Specifically, into the Baboon habitat.
As you’ll see in the video after the break, the primates do their very best to rip the little hatchback to shreds, biting every surface, jumping up and down and from door to door and generally mucking about. How does the Hyundai cope with this kind of abuse? to find out yourself.
Bid farewell to the equipped with a manual transmission. The Korean manufacturer has discontinued the third-pedal in its midsize sedan for 2013, though buyers can look forward to more standard equipment on next year’s model. With such a small take rate, saw no reason to continue offering the six-speed manual in the base GLS model. That means the six-speed automatic transmission is now standard across the line, though the four-door will see an uptick in price as a result. The 2013 Sonata now starts at $21,670, including a $775 destination fee.
Consumers can expect to find the same direct-injection 2.4-liter four-cylinder under the hood as well as an optional turbocharged direct-injection 2.0-liter four. Heated seats are now standard in every trim with the exception of the entry GLS model. The Limited trim bows at $26,620 with the 2.4-liter, which marks a $600 price drop compared to 2012. The impressive, standard panoramic sunroof is now optional, however. If you want the extra glass, you’ll now have to step up to a $2,900 Limited Premium Package. for the full press blast.
If you read the owner’s manual of your car you’d begin to realize how much of your own vehicle you didn’t know about. If it’s a car made within the past few years, then the owner’s manual covering the dirty bits will be joined by an even thicker manual that covers just the infotainment system. , however, has a better way for buyers to learn the CUE-powered mysteries of the $44,995 XTS: give owners an iPad with the car, loaded with tutorials on how to get the most out of the system.
Yes, when the was introduced it installed with a multimedia version of its owner’s manual. Based on Wired’s discussion with Cadillac, however, this is much wider implementation, with each Cadillac dealer required to have two “certified technology experts” on duty, plus a CUE call center for owners, an online media team looks for CUE questions to answer, and a mobile CUE specialist who makes house calls. The point seems to be that this isn’t about getting an iPad with your car, it’s about understanding ever tech thing your car can do. If you still don’t know how to access the full power of your XTS, it will only be because you don’t want to.
Toyota Supra successor, Nissan Juke-R, Cadillac ATS pricing, GM Europe restructuring, Prius PHEV sales
Episode #281 of the is here, and this week, Chris, Dan, and Zach chat about the fresh rumors of a new Toyota Supra, the Nissan Juke-R heading for (very) limited production, Cadillac ATS pricing, GM Europe headed for another restructuring, and sales of the Toyota Prius PHEV. Your questions and comments power the end of the ‘cast, and for those of you who hung with us live on our , thanks for taking the time. We’ve embedded our Q&A module for you to scroll through and follow along, too. Thanks for listening!
Autoblog Podcast #281:
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In the Autoblog Garage:
Hosts: , ,
Runtime: 01:19:48
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Always looking for ways to one-up its Japanese competitors, has announced that a brake override system will be standard equipment on its full line of vehicles, starting this month.
Truth be told, every 2012 Hyundai model save for the already had a brake override system fitted. So why the announcement, and why now? Well, other than just tweaking , whose unintended acceleration problems led to widespread recalls, a , and prompted the National Highway Traffic Safety Administration to , the announcement likely has more to do with the end of Elantra Touring production than it does with anything else.
The old Hyundai i30, on which the Elantra Touring was based, has been redesigned, and reviews of the new model have already started showing up . We won’t get our version of the i30, dubbed here in the U.S., until later in the summer.
We’ll be driving the GT in June and we promise to issue a full report, though we’re going to try to avoid testing this new technology.
Automotive News reports and are currently engaged in talks that may lead to the two companies partnering on engine development. A German industry newsletter reported that Hyundai Chairman Chung Mong-koo’s son, Chugn Eui-sun, recently met with a small group of BMW executives in Munich, and that the move would likely help the two manufacturers offset the heavy costs of engineering a new engine group. That cost can be as much as $1.3 to $2.6 billion.
Not surprisingly, BMW refused to comment on the rumored deal, though the company has been quick to dismiss any notion of expanding its corporate partners beyond the current group. Right now, BMW works with PSA/Peugeot-Citroen, and Daimler, though the manufacturer is also currently in talks with General Motors. Even so, BMW has made no secret of the fact that it is currently hard at work on a new engine architecture, and a corporate partner would be a smart way to spread development costs.
We so wanted to lead this post with a Jim Belushi joke. Alas, the press release announcing the launch of its rear-drive flagship in Korea today specifically clarifies that the K9 will be renamed for other markets.
While Kia says the large sedan rides on “its own platform,” we know enough about the auto industry to posit that much of that platform is shared with the underpinnings of corporate cousin Hyundai’s and . Like the pair, Kia is clearly hoping the not-called-K9-here will help the brand move upmarket, positioning the car as a premium product designed, in the words of Kia’s head of design Peter Schreyer, “to compete head-to-head with the European luxury brands.”
The Kia sedan will split the difference between the Genesis and the Equus, matching the 120-inch wheelbase of the latter, but with an overall length of 200 inches that’s three inches shorter than Equus and almost four inches longer than the Genesis. The Kia sedan will have the same 0.27 coefficient of drag as both the Hyundai models.
Kia says its luxury sedan will be powered by two distinct versions of the corporate 3.8-liter , one making 286 horsepower and the direct-injection version rated at 329. The more powerful engine is said to be “joining the global engine line-up next year,” which we’d expect would coincide with the flagship sedan’s U.S. launch. Both engines will be mated to an eight-speed automatic transmission. Kia says the car will be available with a number of safety features including a lane-departure warning system and blind sport detection. A reclining rear seat with leg rest will also be available, just like in the Equus.
Today’s announcement raises an interesting possibility. While we wouldn’t expect Kia to send its flagship stateside with the less-powerful V6 – indeed, a V8 engine option is surely bound to accompany an official statement of the car’s U.S. sales plan – doing so would certainly allow Kia to bring the car to market at a more attractive entry-level price. Kia has a scant resume when it comes launching anything other than budget models here in the U.S., and the brand certainly has considerable work to do if it aims to catch up to Hyundai in pricier segments.
It will certainly be interesting to see where Kia tries to position its unnamed sedan – and whether its (*ahem*) dogged pursuit of the luxury dollar will succeed. Scroll down to read the full press release and check out our .
sales are up 10 percent already this year, after ending 2011 on a 20-percent uptick. With its Alabama assembly plant , something had to change. In response, the Korean automaker will be adding 877 jobs at its Montgomery assembly plant to begin a third shift, starting in September 2012.
Hyundai said the plant is now responsible for creating over 3,000 total jobs, with the latest expansion adding some 20,000 units of annual capacity. Hyundai Motor Manufacturing Alabama builds both the and sedans.
While this move will work as a short-term solution to Hyundai’s capacity restraints, if the company continues to grow sales as it has in the past few years, it will soon be faced with the necessity of building another new production facility, for months.
Dodge Dart, Chrysler Q1 sales, FR-S and BRZ versus MX-5, 2013 Nissan Altima’s Hyundai Sonata influence
Episode #279 of the is here, and this week, Chris, Dan, and Zach chat about the Dodge Dart, Chrysler’s first-quarter 2012 sales, a Scion FR-S and Subaru BRZ smackdown at Motegi with a Mazda MX-5, and the influence of the Hyundai Sonata on the 2013 Nissan Altima. Your questions and comments power the end of the ‘cast, and for those of you who hung with us live on our , thanks for taking the time. We’ve embedded our Q&A module for you to scroll through and follow along, too. Thanks for listening!
Autoblog Podcast #280:
in Q1, especially in
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Runtime: 01:41:32
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We’re almost ready to record Episode #280 of the Autoblog Podcast, and you can check out the topics below, add your own to the and join us live via , as well, and we’ve embedded our UStream player Thanks for listening!
Discussion Topics for Autoblog Podcast Episode #280
We record Episode #280 of the Autoblog Podcast tonight, and you can drop us your questions via our Q&A module below, and chime in to direct our conversation. Subscribe to the Autoblog Podcast if you haven’t already done so, and if you want to take it all in live, tune in to our (audio only) channel at 10:00 PM Eastern tonight.
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Edmunds has taken the time to sort through the March 2012 sales data to find which were the quickest selling models of the month. According to the site’s research, the took the top nod by sitting on dealer lots just eight days before whirring off to a new home. Manufacturers routinely use “days to turn” to evaluate consumer demand, though pesky variables like production capacity can easily tweak the number north or south. That’s likely why the took just 11 days to turn and its smaller sibling, the , took just 13. is having a hard time keeping production in pace with consumer demand.
Other stars of last month’s show include the . With an average of 14 days on dealer lots, the model finds itself tied with hardware like the and for being quick to turn. You can check out the full list of quickest-sellers by heading over to .
When rolled out their outrageously styled three years ago, car buyers took notice. It’s eye-catching exterior styling, well-appointed interior and affordable price was just what a lot of family sedan buyers wanted.
Few will admit it, but carmakers sat up and paid attention, too. However, Andy Palmer, executive vice president for global planning, doesn’t mind telling the world that his company certainly saw the significance of the midsize Korean sedan. So much so that they briefly halted design work on the 2013 .
“We even delayed development by a short amount just to check that the (new Altima’s) proportions were right, the (package) was right (and that) the product overall was right,” Palmer tells Ward’s Auto. “I’d say they (Hyundai) are our major point of reference.”
But with the Altima as the second-best selling car in its segment, Nissan is focusing not on the Sonata, but on and the No. 1 best seller: .
“If you keep coming with better cars and better communications, telling better stories, over a period of time,” Palmer says. “I guarantee you’ll be talking about Toyota and Nissan.”