Showing posts sorted by relevance for query classic car. Sort by date Show all posts
Showing posts sorted by relevance for query classic car. Sort by date Show all posts

Tuesday, March 11, 2014

Amidst revved up auto market, Amelia Concours fires up

Amidst revved up auto market, Amelia Concours fires up
Should you doubt about the lingering strength of the collector-car market, that four of the five most expensive cars of that ever sold at auction were sold in the year 2013. These four three sold in the last six months.

This weekend in Amelia Iceland of Concours d'Elegance will be completed and first-time buyers looking for hidden value to spend collector with millions.

"Car connoisseurs come in every size wallet," said Bill Warner, founder and Chairman of the event.

Over the decades, the Amelia Concours d' Élegance Iceland - at the Ritz-Carlton Florida Island Resort - has the world's senior classic car auctions are recognized as one. The Concours d' Elegance (i.e. in French a "competition of elegance") has everything from classic cars evoking memories of past decades to newer hot wheels.

Judges rank entries based on attributes such as authenticity, the history and the quality of the restoration. A perfect score is 100. Just like a beauty contest judge you choose first, second and third place for each category. Then they transferred the award "Best in Show" on a single car of the entire group.

But before they even judge district, subjected to these rare and collector classic car lovers a thorough review. There is a physical control, an investigation of the factory codes, serial numbers, mechanical recovery to correct period and a racing heritage search or in the ownership of a celebrity or well-known public figure in the past. All affect the car value.

"We are not so worried about picking grass from the tires, because these cars are driven, not stand around and act as" trailer Queens "are", Warner said. But no matter, origin and condition of the automobile.

"There is less benefit from these cars and more reflected the beauty and makes these beautiful cars." ... Our collectors want"awards, not dollars, said Warner.

Nostalgia is also important for the participation in the event.

"Most like a vehicle to buy, which she first fell in love with as a young adult," Warner said."So for example I am 70 years old, and therefore the Cadillac is 'it' paradise for me. Totally un-PC! Cars back were then lower, longer, wider, and extravagant."

But for the connoisseurs who love vintage and hope that their investment a profit eventually at some point will make, Hagerty insurance compiled the largest database of post-war collectible automobiles and values in the world. Has year-to-date, their data show that the market for high-end cars to new heights has been suspended.

Dave Kinney, Publisher of Hagerty price guide, takes two up and como collectibles, offering both awareness and active owners Acura NSX and Buick GNX - - for long-term investment potential in this year.

"I don't think that this is a greater fool market waiting for the music to stop." But there are some slippery slopes ahead. Most importantly, the fact complain that you don't buy a 289 Cobra in $5,500. There is always another car out there"said Kinney.

Hagerty CEO McKeel Hagerty, provides another piece of advice for new collectors: "the important thing is out and have a few miles on your car to use and fun!"

Sunday, May 12, 2013

Ralph Lauren splurge with $700 K supercar

Ralph Lauren splurge with $700 K supercar
Ralph Lauren reputation cars is not only a high-end Porsche. It is rebuilt from the ground up.

What to buy for the car collector who has everything?

Apparently a call CTR 3.

Ralph was familiar with the deal CTR 3 Lauren, the fashion mogul and classic car collector, before recently a reputation, after people. Lauren was the car Parazzi, taking it for a spin in the Hamptons recently torn.

A spokesman for Lauren declined comment.

For the super rich car collectors heard the call of this cult brand with a storied past and a reputation for high performance. Germany-based reputation is automobile 50 years Porsche changed, pimping them out with a turbo charged flat six-cylinder engine and bulking the frames with his own wings, fenders and vents.

The CTR-3 has a low price of $680,000 but most of top $700,000 with customer-specific information. This is not just a souped-up Porsche; the CTR 3 builds from scratch more. Only the front end and engine part is from a Porsche 911.

His swooping body with long, is made from carbon fiber tail Le Mans-style. The car has a 777-Horsepower engine and can according to the company "go faster than anyone can drive."

REPUTATION has sold three of its CTR-3 fatty acids in the United States, but has sold only 25, since the product was launched in 2007 in life. REPUTATION has other models, of course, but only makes and sells about 30 to 35 cars per year.

"Our customers appreciate the performance of these cars, it's like a real racing car" Estonia reputation reputation said automobile. "For people who like history, race, this car has lines, to awaken the past, but there are also elements of a new model. It's not retro. But the lines are very nice."

The perfect new car, that is to say, for a man who already had a garage full of Vintage Ferraris and Bugattis.

-BY CNBC's Robert Frank. Follow him on Twitter: @robtfrank

2013 CNBC © LLC. All rights reserved

Saturday, August 27, 2011

New VW 'Bug' for American love

American motorists are no matter - in Germany and the VW Beetle take the rest of Europe - on the latest generation?

More than seven decades after the start of the original "people's car," a completely new bug is finally in showrooms roles - or maybe should, read the beetle "Newer", such as VW new bug of the so-called new beetle the German automaker replaced to general indifference in large parts of the world ten years ago in life launched.


That was the case particularly in Germany, where driver retro-mobile saw as an unpleasant reminder on the scant days after the end of the second WELTKRIEGS. It was cheap transport for a devastated nation on the search after it was no longer chic more than bicycles, but by the turn of the new millennium. New Beetle developed now strong, but short lived cult in the United States. Demand for cars fell quickly as was ridiculed the round design as a "Chick car."

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With the introduction of third generation beetle Volkswagen designers have adopted, what they describe as "Heritage" styling, assumption of the extended muzzle of the original car with the type of the Coupe 2012 all comfort and security of buyers of the original beetle could have only dreamed.


Designed by the legendary Ferdinand Porsche-, that went on, his name and his talents at the Stuttgart sports car company first in showrooms in the days give - the beetle, immediately before the second world war are rolled. Only a small number made hardly a few survived to it on the market before the start of hostilities and after the war. One was even in the ruins the carmaker plans in Wolfsburg, Germany, by a British military section found, which was charged with support to revive the German economy.


Ultimately the design in production remained for 75 years paid a VW assembly line in Mexico the last beetle approximately 21 million in 2003.


The iconic design was then, outdated and not always more stringent global security and emissions meet standards. So that VW rolled out new beetle, designed by a team under the direction of J Mays, now the Chief stylist at Ford. Rounder and more compact than the original, the replacement Coupe caught quickly - but just as quickly burned out. Sales in the United States reached 83,434 in 1999, but by 2009 had demand dropped by only 14,085.


At best a new beetle sales in the United States barely a quarter of the 350,000 of the original beetle at its peak saw. And the car was even more badly abroad.


But when pressed, to simply walk away from the car and concede defeat, VW officials said, "No".


"It is an iconic part of our history for us", explains Rainer Michael, Volkswagen Vice President for product and marketing.


The challenge was a new design that appeal could be extended to the new beetle come - both by drawing more men to the car and the expansion of the global market.


Designer carefully examined the original beetle and it took the more sporty cues, originally from Porsche written three quarters of a century ago. The 2012 beetle muzzle is longer, and not a "living room-like cabin", the new version of the car "more like sitting in a sports car" is the well-known Andreas Valbuena, the Beetle Program Manager.


In fact, there is a surprising degree of similarity between the reborn error - which is lower, longer and wider than the car replaced - and early versions of the Porsche 911.


Designers have followed carefully, the revival of the car classic details, as that while fighting "Beetle stream" or the second glove box, to avoid, that retro also accused - in these days a feared name in the automotive industry.


Beyond its design is 2012 VW Beetle decided with modern, a number of airbags and other State-of-the-art security features. It is quick to point out that with optional 19-inch wheels, its sporting intentions. And there is unlimited comfort and convenience features, including a large LCD navigation display and even a music-blasting audio system developed of American rock, Fender in cooperation with this icon.


Valbuena is confident that the new model will be no more than a "girl's car" are dismissed, and the new design is certainly moved many stares and positive waves during a detour is driving by in Berlin recently.


The automotive world has changed dramatically since the original beetle ruled the streets. At one point the car itself does not have a name (it was marketed the "Volkswagen." as easy) today are filled with a growing cast of the products of the brand of showrooms. And the beetle will fall into a pool filled alternatives competent with competitor.


A key to the demand after the beetle after declines the first attraction of the new car will be retained, the new variants, introduction explains Manager Valbuena beetles. A Turbo and a convertible package are already in the works and other alternatives will follow, he indicated.


"Something to keep fresh and new each year will follow," promised Valbuena.


The latest beetle can the success of the original match? This means a 75-year lifetime and 21 million cars - or sales of 350,000 per year - in the United States


No chance, rooms fast VW officials. In fact recognized demand probably more mainstream models, such as the golf, Jetta and Passat, delay is Jonathan Browning, head of the Volkswagen Group of America.


But VW is betting that the small Coupe provides the kind of iconic face on the brand, have only a few other car manufacturers. And will that company officials are betting that beetles greatest contribution going forward.


© 2011 msnbc.com.  Reprints

Sunday, November 27, 2011

Car-by-car guide to the L.A. auto show

Car-by-car guide to the L.A. auto show

Danny Moloshok / Reuters



The new 2013 Chevrolet Spark is unveiled at the 2011 Los Angeles auto show.


By Paul A. Eisenstein, the Detroit Bureau


The U.S. auto show season gets underway this week with the opening of the 2011 Los Angeles International Auto Show.  There’ll be plenty for just about everyone at the annual event, from a subcompact Honda battery car to the fastest muscle car Detroit has ever built.


Small cars are clearly gaining strength but it should be no surprise that, with California the world’s largest luxury car market, there will be a disproportionate number of high-line models, from the new Jaguar XKR-S to the seventh-generation Porsche 911. That sports car underscores the significant gains manufacturers are making as they adopt new technologies like direct injection and Auto Stop/Start.  Though the new 911 is significantly more powerful it’s also expected to get as much as 15% better mileage.


We’ll see plenty of awards handed out, including one for the year’s greenest cars.  And there’ll be more models falling into that category than ever before, including the Honda Fit EV, the Japanese maker’s first battery-electric vehicle.


Here’s a look at the models making their debut at L.A.’s Staples Center:


Audi – Will stage the North American debut of three new performance models, the S6, S7 and S8, all of which originally appeared at the Frankfurt Motor Show two months ago.


Bentley – The British marque reveals the updated version of its Continental GTC Convertible.


BMW – Look for the all-new M5, the latest in the maker’s vaunted high-performance brand-within-a-brand. You’ll also find the first offerings from another new sub-brand, the i3 battery-powered city car and the more performance-oriented i8 plug-in hybrid.


Buick – The maker’s new LaCrosse GL Concept is intended to serve as a high-styled antidote to the many plain vanilla sedans that many manufacturers offer.


Cadillac – GM’s most exclusive brand gets a new flagship in the form of the XTS premium luxury sedan, which replaces the old and largely unloved STS and DTS models. Caddy also unveils Cue, an infotainment system that can be operated with plain English commands.


Chevrolet – Covers some wide range when it introduces the new, Korean-made Spark, the smallest Chevy ever, but one aiming to position itself as a value proposition, not the traditional domestic econobox. Then there’s the striking ZL1 Convertible, the ragtop version of the fastest Camaro ever.


Dodge – Yep, Californians may like green machines but Chrysler’s performance brand is betting there’s still plenty of demand for a car that can spin tires as fast as the Challenger SRT8 392 Yellowjacket Edition. Yep, it’s a Hemi.


Fiat – The Italian partner to Chrysler has seen its little Cinquecento struggle in the market so it’s hoping the performance-oriented Abarth 500 edition will pump some adrenaline into the microcar.


Ford – The second largest of the Detroit makers will be busy in LA. It’s got an all-new Shelby GT500 and the 2013 model will be the first muscle car ever to break the 200 mph barrier. The rest of the Mustang line will be tweaked, as well.  The sporty Focus ST will share the stage with an ST concept version of the smaller Fiesta.  And Ford will wrap up a busy schedule with the newly redesigned Escape SUV, migrating to a more stylish, car-based, rather than truck-like platform.


Honda – The Japanese automaker will challenge Ford with the fourth generation of its CR-V, the model that create the compact crossover segment 15 years ago.  And Honda will launch its first battery-electric vehicle, the Fit EV.


Hyundai – The Korean maker wraps up its promised 24/7 program with the seventh new model in 24 months, the large Azera sedan, the latest to adopt its so-called Fluidic Sculpture design language.


Infiniti – Provided a tease of its new 3-row, 7-passenger JX crossover during a preview at the Pebble Beach Concours d’Elegance in August. Now it’s rolling out the final production version.


Jaguar  – The British marque presents us with a look at its present and future, starting with the new XKR-S Convertible, its fastest-ever ragtop, and then providing the North American debut of the C-X16 plug-in hybrid concept which is likely to get the go for production later this year, including its high-performance plug-in hybrid drivetrain.


Jeep – The SUV brand hopes to blaze new trails with its Wrangler and Liberty Arctic Editions.


Kia – The GT concept has been gaining momentum since its European preview at the Frankfurt Motor Show.  Will the Koreans come up with a production version?


Land Rover – The DC100 concepts show what a future version of the maker’s big Defender SUV might look like. The show cars are very modern interpretations of the classic Land Rover form-follows-function philosophy.


Lincoln – Ford’s upscale brand wants to re-launch itself and will reveal an all-new design theme when it pulls the wraps off the newly-updated MKS sedan and MKT crossover vehicle.


Lotus – With the Exige R-GT, the British maker intends to take a serious shot at becoming a contender in the newly-created FIA GT rally car class.


Mastretta – The name’s not familiar? No surprise, but the Mexican maker will weigh in with its new sports car, the MXT.


Mazda – Mazda has traditionally zigged when most makers zag and the Mazda3 SkyActiv is the latest example, the new drivetrain in the compact model delivering hybrid-like fuel efficiency without the added complexity – or cost – of a battery-electric model.


Mercedes – The fast-beating heart of the 2012 ML63 is an updated 5.5-liter biturbo V8 making 518 horsepower and 516 lb-ft of torque.


Porsche – The new, seventh-generation 911 Carrera is longer, lower, wider – and a lot more powerful than the sports car it replaces – yet new technology like Auto Stop/Start help it get about 15% better mileage.


Subaru – The maker will be pulling the wraps off the BRZ Concept STI, the prototype Miata-fighting sports car it developed in partnership with Toyota.


Volkswagen – The German giant rounds out our list with an updated version of what is arguably its most stylish model, the CC coupe-like sedan, as well as the sporty new Beetle R.


Volvo – Americans will get their first look at Concept You, a hint of the more luxurious direction the Swedish maker intends to take going forward, Also on hand: the new the new C70 Inscription Edition, described as the world’s first 4-seat convertible with a 3-piece folding hardtop.


 

Friday, June 29, 2012

The search is for America's ugliest car

The search is for America's ugliest car

The Detroit Bureau

Is this America's "sweetest lemon"?

By Paul A. Eisenstein the Detroit BureauWe, all have seen rusted out, dinged up lemons, paint, peeling, bumpers are missing and hang bumpers with a bungee cord. But which of them is really America's ugliest car? That is what the people of Hagerty insurance - want to find out and the winner among the losers might be for a sweet surprise in the context of the second annual "quest for America's cutest lemons."

The main prize is an all expenses paid trip to the year's most exclusive automotive event, Monterey classic car week in California Thorsten Pebble Beach.

The winning car for the ride, occur along with rarities like a Bugatti Royale, and some equally rare gems celebrated. Accordingly, the winner of contest cutest lemons serve as Grand Marshal of the Concours d ' LeMons, now Hagerty renamed tour of lemons.


The event is a model that requires participants to come with the cheapest, rudest and crudest Junkers, who can find them. Simply to survive the race with the cars in General is considered a measure of victory.

"We believe all cars are beautiful and deserves celebrated are," said McKeel Hagerty, CEO of Hagerty. "This is an opportunity, this eccentric, quirky and strange vehicles." "Many cars that were displayed once as hopeless now enjoy an enthusiastic, cult following."


Whether the winners their own cult - complete with auto groupies or not - will develop remains to be seen, but there is a growing counterculture for really horrible cars, as shown by the increasing success of today's tour of lemons.

The great race just a few kilometres take place away from the Lodge at Pebble Beach, where the 2012 Concours d'Elegance is scheduled. It is generally the most exclusive vintage car event in the world and attracts routinely to some of the rarest cars in the world compete - some only after restoration efforts, the $10 million, considerably more than the entire field on the tour of lemon to the top can.


Who risk going against America's other large lemon wants can send a photo of their car and a short description why it deserves baptized "Americas cutest lemon." Contributions can be sent from Sunday, July 8 at SweetestLemon@Hagerty.com . Top 10 candidates become public voting from July 11-20 on the Hagerty Web site published.

Monday, May 7, 2012

Armored vehicles aren't just for aristocrats

NEW YORK — Would you bulletproof a Kia? If you live in Brazil, the answer could very well be yes - to guard against robbers at stop signs in Sao Paulo or traffic jams in Brasilia.


Armor plating isn't just for aristocrats anymore as the world's seventh-largest economy grapples with high rates of kidnapping, murder and robbery.


DuPont, widely known as a chemical maker, introduced its bulletproof Kevlar fiber and SentryGlas car kit Armura in 2008 to middle class Brazilian families with Chevrolets, Hondas and yes, even low-cost Kias.


Now, it wants to bulletproof taxis that will shuttle visitors between events for the 2014 World Cup soccer championship and 2016 Rio de Janeiro Olympic games.


"We wanted to bring a solution to a family that wants protection but doesn't have money to afford classic car armor," said Carlos Benatto, business manager for DuPont Armura.


Armura, sold only in Brazil, protects against bullets up to .38 caliber. Sales rose 70 percent in the first quarter of this year compared with 2011.


DuPont said annual sales of Armura amounted to tens of millions of U.S. dollars, but it declined to be more specific. Sales for the company's Safety & Protection unit, which makes Armura, rose 17 percent in 2011 to $3.9 billion.


The kit costs about $12,000, weighs roughly 200 pounds and takes 15 days to install. A DuPont-approved technician replaces a car's windows with SentryGlas, and puts Kevlar panels behind the door panels. Because it relatively light weight, the kit does not cut fuel efficiency, DuPont said.


Many middle-class families might struggle to afford Armura, which adds roughly 30 percent to the $32,790 cost of a Kia Soul, but alternatives could prove to be more expensive.


DuPont said that more than 100 mechanics in Brazil offer car armoring services, cobbling together parts from different vendors that cost twice as much as Armura. Some of them might incorporate Kevlar.


Developed by DuPont in 1965, Kevlar is the industry standard for bulletproofing door panels, but it is also used in flak jackets, socks and tires. DuPont has even developed a Kevlar tornado and hurricane shelter.


DuPont's bet that customers would like the convenience of one kit designed to seamlessly integrate with their cars is also paying off not only because Armura can be installed in 11 vehicles, including Toyota's Corolla and the Chevrolet Cruze made by General Motors.


DuPont said it is also talking to automakers about installing Armura in new vehicles.


Alexandre Sarafian, a 25-year-old sporting goods retailer in Sao Paulo, decided to bulletproof a Kia Sportage for his mother, even though he wanted to buy a different car, because the Sportage is compatible with Armura.


"This is to get away from the day-to-day violence ... which should be diminishing, but it's not," said Sarafian. "Bulletproofing can get expensive, and you don't really recover that cost when you sell the car. So it's better not to pay so much."


In Brazil, high rates of petty and violent crimes have fueled the demand for security products and services. In Salvador, the country's third-largest city, the murder rate has more than doubled over the past year, in part because of a police strike.


Brazilians spend roughly $8 billion every year on private security, according to Brazil's biggest private guards' union. That's as much as the U.S. government spent on security contractors during the first four years of the Iraq war, data from the U.S. Congressional Budget Office showed.


Armura protects against most handguns commonly used in Brazil, Benatto said.


Sao Paulo's notorious traffic is partly a consequence of crime, as people too scared to take public transportation choose to drive. But thieves have discovered that traffic jams provide opportunities to prey upon the public.


"This is the type of thing we're trying to prevent," said Benatto.


Armura's success in Brazil has exceeded DuPont's expectations, so the company is planning to bring the kit to at least two other countries, but it would not name them.


Copyright 2012 Thomson Reuters.

Saturday, January 18, 2014

Breaking a top car were at the Detroit show

Breaking a top car were at the Detroit show
We have the future at the Detroit car show seen and it's muscle cars.

Measured, in the number of Beefy vehicles on display at the North American International Auto Show 2014 (as it's officially called), the worldwide automotive manufacturer betting that buyers have become tired of unwieldy and something sexier, want when you are behind the wheel.

"Everyone tries to come up with a show car for their brand," said Dave Sullivan, senior analyst at AutoPacific, referring to a vehicle that draws buyers into showrooms.

It would be a win-win situation for car manufacturers, which are explosive sales year (thanks to demand for trucks) despite the sluggish economy. Muscle cars are generally more expensive, but they give a brand cachet, which helps to sell other vehicles.

It wasn't like last year.

Opened the doors to the Detroit Cobo Center for the 2013 show, welcomed the visitors with an array of new hybrids, plug-in the electric and pure electric cars. You have the chance, some of the latest Green machines on a special course in the basement of the sprawling Convention Center drive.

While a number of green machines are exhibited as the 2014 auto show will open to the public, lit the light in a different direction. This is nowhere more evident than at the Toyota stand.

Only detailed in November last year the Japanese giant plans, a hydrogen car in production to implement by the year 2015. However, while a prototype on display is Toyota's big news for Detroit the FT-1 sports car concept, equipped with a classic high performance internal combustion engine rather than a company many hybrid powertrain.

Toyota is by no means the exception. Muscle cars were spoken preview earlier this week, with hardly a word in abundance during a two-day media alternative-fuel technology.

But for those who could have a relapse in the industry's eating patterns, Federal car makers took pains to point out that their latest performance cars are more economical than past models. The 450 HP Chevrolet Corvette stingray, calls, for example, up to 30 mpg.

Chevy is back with the unveiling of a stronger version of the ' Vette, the new, 625-HP Corvette Z06. Across the floor of Cobo Ford its give the public first look at the all-new, 50th anniversary Mustang.

Kevin Hunter, Toyota's US design Chief, told reporters that his show car - whose name is an abbreviation for "future Toyota"-a "symbol" for his planned direction is inspired by CEO Akio Toyoda, a performance fan and occasional race car driver.

Then there is Nissan. Perhaps no leader is more passionate about battery power as CEO, Carlos Ghosn. But their plans for a high end version of electric cars has Japan's second largest automaker delayed "until late in the Decade" for its Infiniti Division to produce Nissan leaf, said Johan de Nysschen, a former Audi Executive took the helm at Infiniti in late 2012.

In Detroit, the upscale unit focused on the Q50 Eau Rouge, launched a high-performance version of the midsize luxury sedan for 2014.

"The question [is] Division is a serious global luxury brand without a performance" de Nysschen said. He quickly offered a one word answer "No."

Actually, a quick review of the offers other exclusive stands would support this view.

BMW uses to present the show for the new M3 and M4 to high performance models. Mercedes-Benz launches a new 12-cylinder version of the big S-Class sedan and a new, high power S class Coupé.

Lexus, which leads Toyota subsidiary, which rolled out in the past few years a number of hybrids in Detroit, the RC-F, a 450-Horsepower Screamer with the new BMW M4 wanted to compete.

Industry analysts warn that their very definition Halo cars tend to small series. But there is significant demand for some models. The United States accounts for almost half of sales of Mercedes' ultra powerful AMG models, the production of Southern California alone, nearly a quarter of the global demand for US-CEO Steve Cannon.

Double in the so-called premium sport expected between 2011 (when the recession demand tormented Valley) and up to the year 2016 to about 62,000, according to a forecast of AutoPacific.

See more mainstream models the consulting firm expects an increase of 20 percent in demand the new Mustang to 91,000, 2016 drive. Also small Subaru has great expectations for the new WRX STi 'hot hatch', which is reflected in Detroit.

By cutting out of mass, improve the aerodynamics, and use of new technologies, most are far better risks than they were before all these models.

Sunday, April 29, 2012

Sticker shock: New car prices hit record high

By Paul A. Eisenstein, The Detroit BureauRemember “sticker shock”?  After several years of heavily discounting their products in a desperate bid to keep assembly lines rolling, automakers are finding themselves back in the driver’s seat again – pushing prices to record levels.

And it’s “not a blip,” warns one senior analyst, who expects the trend to continue for several years. The good news for shoppers is that trade-ins are also yielding better prices – and while that new car, truck or crossover may command more money than ever before it’s also likely to include significantly more features and markedly better fuel economy than the vehicle it replaces.

How much do you expect to spend on your next new car?

The average new vehicle sold in the U.S. in March cost $30,748, according to data tracking service TrueCar.com.  That was up 6.9 percent from $28,771 a year earlier and marks an all-time record.

“It’s not a blip. It’s a trend we’ve been seeing for months,” said Jesse Toprak, TrueCar’s chief automotive analyst.  That’s despite the fact, he says, that “this might seem counterintuitive at a time you might expect to see people buying cheaper cars because fuel costs are rising so fast.”

But there have been a number of counterintuitive trends in the industry in recent months. One is the surge in overall car sales, which have been rebounding faster than the U.S. economy – despite the fuel price spike that, in decades past, might have been expected to result in a sharp downturn in demand.

There are a number of reasons why new car prices are spiking.  A key reason is “There’s a better equilibrium between supply and demand,” noted Toprak, “which means discounting isn’t needed as much.”


Dodge Dart Gets First Factory Wireless Charging System

While March saw vehicle sales surge to an annualized rate of around 14.5 million, that’s a long way from the decade-old industry peak of around 17.1 million.  In years past, makers would’ve been tacking on massive rebates and other incentives to boost sales. But in a significant move during the recent recession, many makers slashed production capacity, especially Detroit’s Big Three.

And so, with the remaining plants operating at, near and sometimes above their rated capacity, carmakers don’t need to be so generous. March incentives, according to TrueCar, slipped 1.8 percent, year-over-year, to an average $2,440 per vehicle.

There’s another reason why the run-up in pricing might seem unlikely. There’s been a significant upturn in the small car market with motorists trading big SUVs for compact crossovers and full-size sedans for subcompacts.  Nearly one in four vehicles sold in March fell into the small car category, up from barely one in six as recently as December, according to industry data.


Ford, Nissan Abandon Key Hybrid Programs

But don’t think of them as the classic “econoboxes” that proved so popular – briefly – in the wake of the twin oil shocks of the 1970s. Products like the 2012 Ford Focus and the latest-generation Hyundai Accent are far more stylish and well-equipped.

Consumers, meanwhile, “are upgrading the vehicles they’re buying,” no matter what class they fall into, noted Art Spinella, lead researcher at CNW Marketing.

In the decades that CNW has tracked automotive buying patterns, the typical vehicle will fall into the 50th percentile — almost exactly halfway between the base price of a specific nameplate and the most heavily loaded version. In other words, if the entry model was $20,000 and a fully loaded version was $40,000, the typical buyer would spend $30,000.

But now, said Spinella, the average vehicle is falling into the 82nd percentile.  Using the same example, the typical shopper now drives off in a vehicle costing $36,400.


U.S. Fuel Economy Tops 24 MPG for 1st Time

“People are trying to stuff all the bells and whistles they can in a car” in part, Spinella explained, because “they plan to keep it longer.”  Prior to the Great Recession, buyers told CNW they plan to hold onto a new vehicle, on average, about 42 months. That’s now up to 57 months.

The good news is that buyers aren’t necessarily spending a lot more out-of-pocket. That’s because used car prices have also surged over the last several years.  During the first quarter of 2012, the price of the average previously owned vehicle sold through a franchised new car dealer rose 12.5 percent, or about $1,400.  For the consumer, that meant a bigger trade-in allowance to apply to a new vehicle.

The upward trend in pricing is almost certain to continue, at least barring a sharp setback to the economy, industry analysts agree.

“The long-term trend is gradual price increases continuing for several more years as sales recover to 15 million and even 16 million,” forecast TrueCar’s Toprak.  “But the pace (of the increase) we’ve seen over the last several years isn’t sustainable.”

He anticipates prices will start to level off as they reach an average $31,000.

Monday, January 30, 2012

Picking tomorrow’s top collector cars

Picking tomorrow’s top collector cars
AP


An event like the summer's Pebble Beach Concours d'Elegance might still focus on vehicles from the pre-War golden era of coach building.


By Paul A. Eisenstein


Okay, just maybe a Saab 9-4X might turn out to be something rare a decade from now considering how few rolled off the assembly line before the Swedish automaker went belly-up. But we’re having a hard time believing that something from the final year of the Pontiac Aztek will ever count as having a “collector car” in your garage.


The reality is that there are an awful lot of different products on the market, and plenty more used vehicles you can choose from.  So, if you were really interested in starting a hobby as a collector – and didn’t have a seven-figure nest egg to tap – where would you begin.


Luckily, we’ve got some friends in the right places, notably including McKeel Hagerty, the CEO of Hagerty Insurance, to lend some help.  Don’t bother to question his bona fides.  His firm is one of the largest in the business serving automotive collectors and that means he’s got the data to show what’s trending up.


Haggerty is out in Scottsdale, Arizona this weekend where he and thousands of other collectors and wannabes will be raising their paddles on bidding at a series of classic car events including the annual  Barrett-Jackson Auction.  It’s an easy time to get auction fever, letting emotions overcome common sense – something auctioneers are counting on as they work a crowd to fever pitch.


“It is easy to get caught up in all the high dollar sales that take place at auctions and wonder what interesting vehicles are still easily attainable,” Haggerty cautioned during a seminar on “Emerging Collectibles.”


Experts caution that it takes some real homework to know when to bid and when to sit on your hands.  And one thing that helps is to know what the hot emerging segments are.  Here are three Haggerty highlights:

Classic Pick-Ups.  Traditionally, trucks were run til they rusted into the ground, but B. Mitchell Carlson, a panelist in the Emerging Collectibles seminar, asserted that, “From Maine to San Diego, trucks are hot” with collectors;Early Japanese Cars. A lot of the original Japanese imports “were used up and thrown away,” said panelist Rob Sass, who laughed that for someone who can now find a well-preserved Honda S800 or early Toyota Celica, “they are bringing tremendous money”;If cars aren’t your thing, consider a classic motorcycle, a corner of the collector market that is rapidly heating up, according to motorcycle historian Paul Duchene.

“If you think cars are an emotional purchase, wait until you purchase a vintage bike,” he suggested.


One thing that seems to hold true, year-after-year, decade-after-decade, is that collectors tend to go after the vehicles they either drove or lusted for when they were young.  An event like the summer’s Pebble Beach Concours d’Elegance might still focus on vehicles from the pre-War golden era of coach building.  But the bulk of collectors have moved on to post-War and now the muscle car era.


If Hagerty is right, we could be in for yet another shift in the coming years.

Sunday, October 9, 2011

Tiny Fiat 500 looks to charm city-dwellers

As the globe shrinks, carmakers such as Fiat that once were happy to dominate their home markets without competing abroad are being forced to face wider competition.


Manufacturers like Fiat, Renault and Peugeot -- which left the U.S. market decades ago after customers fled these unreliable brands for Japanese and German carmakers -- are finding those same competitors in their home markets. That is forcing them to improve their cars to the standards set by Honda, Toyota and increasingly, Hyundai.


Driving these Italian and French cars in Europe in recent years has been a revelation: They seem to be put together every bit as well as cars made anywhere else, and they often boast chic Euro-styling that sets them apart from bland Asian products.


The Fiat 500 is a case in point. The original 500, or “Cinquecento” in Italian, was the fondly remembered Italian equivalent of the Volkswagen Beetle or Austin Mini, so Fiat decided to follow VW and Mini’s lead by introducing a new version that evokes the beloved classic.


Unlike VW, which stretched the New Beetle to preposterous proportions, Fiat stuck closer to the original car’s size, producing a model that is even smaller than the Mini.


The Mexican-built U.S. version of the 500 feels as solidly assembled as the European models that have been sold on the Continent for several years, with none of the embarrassing manufacturing flaws that drove American customers away from cars like the Fiat Bravo and Strada, despite their appealing handling characteristics.


The version of the 500 I tested -- a convertible -- not only seemed solid, it also successfully repelled the drenching remnants of a tropical storm that flooded the East Coast recently. The 500’s electronics didn’t flicker during this virtual submersion test, and the car plowed happily along through the torrent without a hiccup.


With the reliability problems in its cars fixed, Fiat realized that the key to regaining customers was to focus on the company’s longstanding fun-to-drive aspect.


When the 500 debuted at the Frankfurt motor show four years ago, Fiat played up the car’s toy-like aspect with a display featuring the cars traveling on a track like an amusement park ride, with a giant-sized version of the 500’s body shell serving as the fun house through which the cars traveled.


The stunt underscores the 500’s appeal as a virtual thrill ride, but while the exterior style supports that notion, the chassis isn’t cashing the checks the sunny exterior is writing. Steering and handling fail to live up to the lively, playful promise of the 500’s diminutive dimensions.


Instead of the grasping-the-front-axles directness one expects from such a go-cartlike conveyance, the 500 driver is frustrated by lifeless power steering that feels directly lifted from an Oldsmobile Cutlass circa 1971.


For urbanites who suffer cars as a necessary evil and revel in the Fiat fashion statement, this dull steering will make no difference, as the car goes where it is pointed and the flyaway steering makes one-finger parking a breeze.


But those who are attracted by the expectation of fuel-sipping fun will be disappointed. Attempting to distract from that disappointment by enjoying the Bose sound system will only compound the problem as the radio is abominably hard to use due to the lack of rotary knobs for volume or tuning.


Inside the 500 there is room for four, with just enough space behind the back seat for a row of grocery bags. It feels very much like the original Honda Civic in scale, but with a more claustrophobic cabin due to the thick bracing and small windows demanded by modern safety tests.


We don’t yet know to what degree that modern reinforcement, with the aid of seven airbags, has bolstered crash test scores because results for the U.S. model aren’t yet available. But in Europe the 500 was the first subcompact to earn a five-star rating, which bodes well for results from U.S. testing agencies.


A six-footer can genuinely fit in the rear seat behind a front-seater of the same size, though it means splayed knees, head restraint pressing against the neck and head grazing the ceiling, so the ride should be a short one.


Fiat returns to the U.S. boasting of its Multiair engine technology, which it promises will boost efficiency in its engines.


The 500’s 29 mpg in combined city and highway driving is acceptable but not exemplary for a car with only 101 horsepower and six speeds in the transmission (for perspective, that means the Buick Regal eAssist has better steering feel and better fuel economy).


The 1.4-liter four-cylinder engine has a modestly thrashy character that is reminiscent of a sewing machine in the manner of Japanese engines of the 1970s. It’s in no way obtrusive, but you are aware that it is toiling underhood. When stopped at a light with the automatic transmission in drive, however, the engine does vibrate at idle.


Such details won’t matter to those for whom the 500’s aesthetic is irresistible. It has the right look, it is easy to park, comfortable to drive and turns heads everywhere it goes. If, at $25,000 (as tested, as a fully loaded convertible), it’s a touch expensive for an economy car, that may deter bargain hunters, but the fashionable set is accustomed to paying for style.


And if, at 29 mpg, the 500 isn’t as efficient as accords its size, well again, many consumers are prepared to suffer for art, and 29 mpg isn’t painfully bad, it just isn’t boast-worthily good for a cramped four-seater.


The car has been cast in some reports as a slow seller, but with only 100 dealers concentrated on the coasts, Fiat is selling 3,000 a month these days, which is solid for a niche car from a brand that has been absent for three decades.


Look for it to sustain that sales strength for a while because this new 500 successfully marries Italian flair and style with modern global requirements for reliability and safety, so it’s sure to succeed with urban trendsetters.


But for car enthusiasts, Fiat may still have some tweaking to do to dial up the fun factor.


© 2011 msnbc.com. Reprints

Monday, September 5, 2011

Cadillac envisions building CIEL concept flagship

DETROIT - Cadillac expected green light a new flagship, based on the same platform as the CIEL to create concept car.

General Motors is expected to give green light to the Cadillac's flagship Omega project before the end of the year, senior sources, encouraged by the mostly positive reaction of the Division's luxury new CIEL concept car of manufacturer's top management.


It is unclear whether a convertible or limousine, which would be based on the large Omega platform first to the market, but it is a clear consensus that Caddy has a super premium model, if it have a chance, once again, its position as the "Standard in the world" as the longtime ad slogan.

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Omega just one in a variety of new offered is that the Cadillac line-up would be added, TheDetroitBureau.com, said officials in the so-called "white space" between the current help the once dominant brand, model mix to fill. Include, not only a new plug-in hybrid but very probably somewhat more conventional hybrid-electric models, as well.


Add a "flagship" of the line-up is critical, said first public demonstration in Detroit during the CIEL Cadillac design director Clay Dean. The concept convertible was first, earlier of this month, in advance of the annual Pebble Beach Concours d'Elegance, where it generates "Wows" of potential customers and the collected media.


The decision, the prototype was point strongly influenced a market segment of the upcoming Cadillac XTS objectives by the need formally to the Omega project, would - even the replacement for the largely unloved Caddy STS sedan. While there is strong support for the super-premium project there was concern whether the public would accept the idea of something so bold.


"We have the residual positive mood, but the fact is that we have not for many consumers", said Don Butler, marketing director of the Division.


Was afraid of some GM executives to the Office of the Chairman. But a car as Ciel, Cadillac is betting, would the brand back on the radar for even the wealthiest buyer on the status quo of luxury brands such as Lexus, BMW and Mercedes-Benz. The convertible, with his dramatic suicide door design and subtle note of caddies classic fins, was elected to the brand strategy represent, because Ragdoll tops have tends to be more emotional power as limousines.


Design Chief Dean hinted that a hardtop Coupe version is already in hand and be publicly shown in the months was to come.


Precise timing for a production version of the big car is a closely guarded secret, although sources indicate that the manufacturer hopes to market it, at the latest by mid decade.


In the meantime is Cadillac line-up are much larger than it is today. In the coming months, the brand will start, the small ATS sedan and XTS, proposed the latter model "Modernisation and redefinition", the image of the brand, Butler.


Even in tap water the Cadillac ELR is Volt extended range electric vehicle, a high end version of the Chevrolet a plug-in in popular vernacular. The Cadillac version is all-new sheet metal, use a unique interior, different suspension tuning - and a much improved version of the Volt-gas electric drive, Dave Leone, GM chief engineer for rear-wheel drive and performance.


ELR Leone is based on the popular Cadillac Converj concept vehicle, and if it emphasizes styling, "The concept car is the car (production)." On the technical side but, said he "there are still some tweaking goes."


In particular, the ELR used a newer version of the power pack lithium-ion of the GM battery partner SG Chem. This means that she will keep for a given mass more power. While it would be as the possible, the Pack electric-only scale to shrink volts, it seems more likely that Cadillac will - use better product range, improved performance higher energy density or both - Leone suggested.


GM makes a significant push in battery drive and ELR not likely the last "electrified" vehicle in the line-up, the engineering chief said. It is "very likely", which not only will be several more hybrids in the Caddy line-up but that "you see more than one (hybrid)-technology." This could mean a model with a focus on fuel economy, but a different taking advantage of the potential performance benefits of electric cars.


Cadillac also a push in diesel could make? For the time being, Leone and other officials played down this option. The high performance technology would be more attractive, if Caddy not big bigger players in Europe, but diesel enough, in the yet to justify the investment, the manufacturer believes United States, and even less traction in China, Cadillac would it second largest market.


While Beach works GM global design head Ed Welburn proposed - the brand of the CIEL Preview in Pebble for more new products than ever before. This is obviously not limited to the models that it has already promised. Models, such as the ATS, XTS and ELR bow "only the wave", ECHO General Manager Butler in the Cadillac session Monday.


That reflects the comprehensive dissemination, which has swept luxury-car market which, said Aaron Bragman, auto analyst at IHS. "It is the reason why BMW and Mercedes-Benz could grow so much." "Now, Cadillac has to go, after this space."


As for the CIEL convertible or a hardtop Coupe alternative Bragman said an essential complement to that considered a global luxury player line-up. "they need a flagship." And it must be a really striking flagship. "


Copyright 2011 the Detroit Office. All rights reserved.

Thursday, February 21, 2013

World's largest treasure trove of small car goes to auction

Robert Frank, CNBC - 3 days

How many of the wealthy, Bruce Weiner likes to collect things.

The candy business, the assets of double bubble, Razzles chewing gum, wax lips and other sweets collects radios, watches, historic motorcycles and Volkswagen.

But his real passion lay in recent years since small cars. Very small cars. Over 11 years, Weiner, built, the world's largest collection of "Microcars" - three - and four wheels cars made after World War II, the early predecessors of the modern MINI Cooper and Fiat 500 are always popular smart cars.

Today and tomorrow will sell Weiner and RM auctions of the collection of more than 200 cars and 300 car-related collectibles. The collection is expected to be more than $6 million to pick up.

Weiner said he is selling the collection as part of a wider reduction of his lifestyle and desire to share the cars after years of hunting them down.

"I'm 54 and I am starting to make it easier," he said. "I want not my stuff to possess me."

He said that it took 11 years to build the collection. Microcars the poor cousin, muscle classic cars and exotics have always been, they have a cult following among collectors. Many Microcars were built after the second world war in Europe and Asia, money, fuel and raw materials were scarce. In many countries cars with three wheels does not require a driver's license, to make more attractive.

"they are very rare," said Weiner. "And they are part of the story."

Weiner said, was much of the joy of building the collection "the thrill of the hunt."

Take for example his ordeal with the purchase of the 1955 Kroboth all weather Scooter, a tricycle Convertible car design legend Gustav Korboth designed. Weiner is one that was a prime example of the car by an older man in Bavaria. Weiner went to the man's House all three months for three years, but the seller rigorously rejected.

He said "He me everytime chased from the property,". "He hit me with a shot gun or German shepherds either."

Eventually died of the owner and Weiner was friend of brother and sister of the husband, and convinced them to sell. The car was able to sell (there are no reserves in the sale) for $40,000 to $50,000.

Among the most valuable cars in the auction to be sold, is a 1958 F.M.R. TG 500 "Tiger", which could sell for more than $150,000. A modified 1959 BMW Isetta, called "Whatta drag," was $100,000 collected. The car was commissioned by Weiner look a famous hot wheels Gegenkraftracer. It is only one of four hot wheels are converted in real cars.

The smallest production car that ever built, will also be sold. The 1964 Peel P50 could for $35,000 to $40,000 sale. The sale of used slogan for the tricycle, "Almost cheaper than walking!" Apparently, no longer.

Thursday, March 3, 2011

Fiat marks back to U.S. with tiny 500

It is sometimes said that Americans have short memories. Fiat aims to bet.

It is 27 years since the Italian automaker Fiat was last sold cars in the United States under the brand name. By the time that the automaker these shores moved you unscrew a reputation for unreliable acquired had, rust-prone cars. Now it is getting ready to stage a comeback as part of the new alliance with the struggling U.S. automaker Chrysler.

In the weeks ahead will first Fiat 500 new roll - in the automaker's U.S. showrooms and if everything according to plan, hopes, sell Fiat over 50,000 of you before the end of the year.

The tiny 500 Coupe is one of the smallest cars on the road, but it has much riding on it. Known as the Cinquecento again in Italy, the Fiat 500 will lay the Foundation not only for Fiat comeback, but also for the return of the carmaker's Alfa Romeo brand in the USA and it is a much more comprehensive partnership between Fiat and Chrysler select.

"Americans have short memories and probably forgotten what it was, as the last time was from Fiat," mentioned George Peterson, senior analyst with the consulting company AutoPacific. Back in the early 1980s collapse "sales" under the weight of the endemic quality problems, ultimately forcing you saw, the US market the Italian automaker to leave.

"But the new 500 car promises much better" Peterson added, has his expectation based on the strong response received Fiat's Microcar in other markets. The vehicle has been a flood of Kudos. It was proclaimed in 2010 for one thing, world car of the year by a panel of international journalists. The little car took the 2009 World car design of the year award at the New York Auto show.

Still eat about Americans will not easily be Peterson notes, and Fiat officials agree. Although Fiat with past memories gesattelt is not (or his old nickname, a reference to the letter of his name: "Fix It-Again Tony"), Fiat will have to prove, the new car is reliable and fun to drive, and it is to overcome American resistance to small cars.

Trends seem to be moving in the right direction, stresses Laura Manager for Fiat Soave, the new U.S. brand. You will notice that small car sales in the U.S. Despite the automotive market 2010 surged sharp downturn in the total year overall have 198,000 units per year in 2004 to 442,000 last year. Fiat predicts that the segment is made 896.000 units per year 2014.

New models on the market helps of course, such as higher fuel prices. The demand for small cars like the mini and the smart fortwo in 2008 increased when gas prices hit - although sales volumes fell $4 at the pump if the Petro crisis reduced. The price of gas has $3, passed back, although analyst Peterson warns that with prices much more slowly increasing, this time, "it is less a sense of panic." That's probably mean motorists in less haste to shrink.

So, Soave, recognizes small cars like the Fiat 500 on their merit to sell to the challenge. And an important message for Fiat's new offer is "You give everything up", she added.

Security concerns are a traditional challenge for small cars, but the 500 was developed one was designed American style collision with seven airbags, the extensive use of high-strength steel and one triple load path to survive channel crash forces of the passenger compartment. The vehicle took the top ranking in Europe NCAP crash test and Fiat is betting as well is 4-seater result as it is being tested here in the United States

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In contrast of to classic small cars that were sold primarily on price and fuel economy, the Fiat 500 is not "Econobox". It offers an amazing number of features for a low price of $15,500 and it can be purchased all but fully loaded for $19,500.

The $17,500 Fiat 500 sport model includes large 16-inch wheels and tires, a spoiler, a quick-shifting gears and a premium Bose audio system. And the initial reviews have usually as fun to drive.

While the Italian carmaker Fiat is undoubtedly some traditional marketing channels of their new slogan "Life is best when driven," also probably focus on alternative methods to speak out, to spread will use including the so-called "graffiti walls", the it in Setup is important markets around the country. Social media is an important part of the marketing process to be.

Where some car brands have specific niche - Toyota Scion brand in particular focusing on hip, young urbanites - Fiat is trying, according to Soave bets is it an unusually broad appeal that defies narrow demographics.

There is little doubt that has power new 500 head spin, as if the vehicle on a one-day test drive took in and around San Diego recently I was constantly. But Fiat Manager are aware that sporty coupes, big or small, have a relatively short shelf life, tend to be usually reached its peak in about 18 months before sales begin to fall.

Fiat to overcome this problem a number of model planned with a convertible version of the 500 on tap and the Abarth high performance model and even a battery electric Edition updates.

"Building a brand with a model" said something cryptic Soaves, hinting is yet other variations - and completely different products - meat from US Fiat showroom in the coming years.

If has right and the Fiat 500 hits the target, it should facilitate the once popular Alfa Romeo brand in the United States relaunch it could validate the automaker's plan by Fiat platforms as a basis for future Chrysler models, including a replacement for the compact 200 sedan and convertible.

This is much to ride on such a small car.

© 2011 msnbc.com.  Reprints

Wednesday, January 16, 2013

The Stingray is: Chevy presents Corvette C7

The Stingray is: Chevy presents Corvette C7

Paul A. Eisenstein, The Detroit Bureau

They were the darkest of days, all the more so in the design studios at General Motors where a small team had been assembled and given the less than humble task of building the world’s best sports car.

True, the Chevrolet Corvette has always been an icon of American design, but this time, Chief Engineer Tadge Juechter and design director Tom Peters had to take things the next step, producing a vehicle that could challenge and beat the best the Germans and Italians could throw at it.

There was only a few problems: the U.S. economy was in meltdown, the automotive market was facing its worst downturn in more than half a century and General Motors was rapidly running out of cash and seemed all but certain to declare bankruptcy. And when it did in June 1, 2009, the lights went out. Even with the likelihood of a federal bailout, it was anything but certain the long-awaited C7 Corvette would ever make it to market.

But on Sunday night, at a well-attended ceremony at an old warehouse in a run-down section of Detroit, Juechter and Peters will get the honor of pulling the wraps off a 2014 Chevy Corvette that is already being hailed as the best American sports car of the past half century, perhaps the best ever.

And as the car that has always served as a showcase of GM’s capabilities, the new ‘Vette could put a much-needed halo around a company whose critics still tend to dismiss it as “Government Motors.”

TheDetroitBureau.com has spent a significant amount of time in recent months talking to the various members of the Corvette development team – and getting a rare look at what is known to aficionados as the C7, shorthand for only the seventh-generation model since the first fiberglass-bodied ‘Vette rolled off the assembly line in 1953.

The original C1 was a project of the legendary Harley Earl, the man usually credited with creating the very concept of automotive design. It debuted at GM’s private annual auto show, Motorama, in 1953 and the response was so intense 300 hand-built convertibles, all in polo white, were produced for the 1953 model-year.

The original car was primitive, with a solid rear axle and a grossly underpowered V-6 engine. But there was nothing like it in the U.S. market, certainly nothing coming from Detroit.

Soon, the Corvette was to become a symbol of American prowess. It was the real star of the TV series, Route 66. The Mercury 7 astronauts each drove one, Corvettes often appearing in official NASA photos alongside mockups of the Lunar Excursion Module or Lunar Rover – the latter also developed by GM.

But over the decades, even as each successive generation was given more power and better performance, the Corvette continued to slip further behind competitors like Ferrari, Porsche or Lamborghini. By the time work began on the C7, there was no more room for excuses unless GM was ready to acknowledge it really couldn’t create a truly world-class sports car.

“There wasn’t going to be a Corvette if we couldn’t do better,” recalls Juechter.

But, starting in late 2007, there didn’t look like there was going to be a Corvette anyway. The project was halted for about six months that year because of GM’s financial problems. “Then we stopped again in (late) 2008 as we were going into bankruptcy.”

Even when the project got going again, following GM’s rescue, the maker had turned gunshy and it seemed to some that top management might back off on its promise to build the best sports car possible.

For styling chief Peters, the frustration was tangible when he was told to go with an evolutionary design not much different than the outgoing C6 that had been around since 2005. It was the best Corvette ever in terms of pure performance and had roughly the same footprint as a Porsche 911. But it wasn’t going to really change the game, the design director complained.

“Ed was willing to listen,” Peters says, referring to GM’s corporate design czar Ed Welburn. “He told me to go back, keep working on the design I wanted and prove I was right.” Given the chance – and actually benefiting from the project’s delay during the GM bankruptcy, Peters finally found the right formula and got the go-ahead for the design he desperately wanted.

Those familiar with the current Corvette will recognize the new model, whether spotting it front or back. There’s the long nose, the steeply raked windshield that flows into a fast hatchback cabin. Quad tail lamps and exhaust pipes anchor the rear.

But the distinctive new LED accent lights give the nose a more modern and refined look, with a mean-looking grille below the bumper split by a sleek chromed bar. The louvers on the hood are now functional, as are the ports behind the bulging front wheel wells. A crisp accent line darts rearward from the front wheels and leaves a spectator with the sense the car is constantly in motion.

There are new rear quarter windows, something the Corvette hasn’t featured in decades. And the tail is crisp and precise with a higher belt line and deck that seems poised to pounce on the nearest Ferrari.

As striking as the body may be, team members agree that perhaps the most significant change comes inside. GM global design director Ed Welburn tells TheDetroitBureau.com that it was his personal mission to transform the traditionally clumsy and unrefined Corvette interior into a modern showpiece.

The new design features an 8-inch reconfigurable display that can rapidly be shifted to read out critical data in the mode a driver wants. There’s a second large screen for operating infotainment and other vehicle functions – though interior design team members point out they maintained a few buttons for commonly used features, such as tuning and volume control.

“For the first time,” says Juechter, “we decided to spend the money to design two different seats,” so those who want to spend time on the track don’t have to compromise with those who’ll never drive much harder than they would when blasting off from a stoplight.

There’s one thing the new Corvette does reach into the past for. A closer inspection will reveal the word, “Stingray” on the fenders. That designation has been reserved for only the most powerful and exclusive Corvettes ever produced. And it’s back for the first time since 1967.

In some ways, team members will tell you, it may have worked out perfectly to have the C7 Corvette postponed until now. While it will bear a 2014 designation it actually will reach market almost precisely 60 years after Harley Earl’s original debuted.

And, adds Juechter, “There’s some truth that the longer you wait the better technology you have available.” The C7 is the showpiece “gearheads” long had to turn to foreign makers for.

Ultra-light, super-strong carbon fiber accounts for a significant portion of the new model’s body panels, though there’s still plenty of fiberglass, as there has been since the original ‘Vette debuted.

There had long been rumors that the new sports car would mimic its European rivals and migrate from the classic Corvette small-block V-8 to a turbo or super-charged V-6. In the end, GM stuck with a large eight-banger, though the newly designated LT1 features all the latest technologies, such as Direct Injection, variable valve timing and displacement on demand.

By shutting off half of its cylinders when demand for power is light, the engine essentially becomes a 3.1-liter V-4 and, asserts Juechter, “We wind up getting better mileage than if we had gone for one of those smaller powerplants.”

At the same time, the 2014 C7 Corvette will deliver an estimated 450 horsepower and 450 pound-feet of torque, which will make it the most powerful “base” model ever – and the fastest, with 0 to 60 times expected to come in at or under 4.0 seconds.

And that’s just the beginning. There are other versions of the ‘Vette quietly under development, likely to include the step-up Z06 and the next-generation ZR1, which likely will reach well beyond 600 horsepower.

Pricing won't be announced until close to launch, later this year but, hints Juechter, "Our business case was based on the idea if you can afford the current Corvette you can afford this one."

Chevrolet officials have kept an unusually tight lid on the 2014 Corvette and it’s likely to be a while before they’re ready to give out the first rides for reviewers. Production won’t begin until mid-year, though a largely hand-built model is reportedly going to be featured during the upcoming Super Bowl – and then given to halftime superstar performer Beyonce.


But if initial reactions are any indication, the C7 could be the vehicle Chevy and GM desperately have needed, a sports car that truly pushes the proverbial envelope and threatens to leave even the most vaunted European competitors worrying when they see one racing up in their rearview mirrors.

Saturday, September 3, 2011

Cadillac will highly striking concept car

The sky's the limit with the new Cadillac CIEL-concept car- or so it seems with the striking convertible, the references to the future flagship model in the development of luxury brand of General Motors.

It is a hard year for Cadillac, but the once dominant brand is intent on regaining the momentum, that it seemed to have ten years ago. That is, if it for the first time that edgy, to distinguish the brand "Art & science" design theme, for which often a tendency, a bit too much to look the same from other luxury nameplates.


During the CIEL - what means "sky", in French - discharge, as GM global push Design Director Ed Welburn head to head for the prototype, the Caddy against the best cars offered by luxury segment leaders of Lexus, BMW and Mercedes-Benz would position still has not received company insiders.

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GM management has given has already green light for a variety of other new Cadillac models, which they hope to expand the brand appeal, is.


"You a flagship must succeed today in your portfolio in the luxury market", said lead designer Clay Dean, Cadillac.


The CIEL is a hint of what such a car could be. Almost as long as the large Escalade Sport utility vehicle, the prototype in convertible form in last week of Pebble Beach Concours d ' Elegance appears likely a number of changes would subject before the encounter showrooms. First, you can start form in sedan.


Although the concept called offers what Welburn "a touch of a fin", deans goal was not to go retro, but take art & science topic which edgy even more in the future.


The original CTS sedan was the design concept and the first significant bump in demand for the brand in decades. But the subsequent products - such as the larger STS sedan and XLR Roadster, which ended up with a blow, caddies answer to the classic Mercedes-Benz SL - what many to questions whether CTS was a one-shot wonders.


The latest version of the medium-sized model has again good reviews and buyer enthusiasm, and so has a stylish remake of the SRX crossover. But two powerful products can no brand in the luxury market today, analysts caution, especially as Cadillac lead position rival massive product dissemination.


Look at Mercedes. Two decades ago, the automakers discussed whether extended the small c-class, mid-luxury E-class, then add the big S-class and the SL roadster from. Today includes the automakers of the line-up, the smaller a- and B-class range, the GLK, G and M-class transitions, the V class-van and a long list of sedans and coupes.


"I think they have acknowledged that they had fallen behind have", said Dave Sullivan, automobile analyst at AutoPacific, to Cadillac. "they are no longer the standard of the world, as they have long been announce."


It's not that the Detroit brand to restore not that image, and new products are crucial for the recovery of the amount. In addition to the second generation CTS sedan, a striking new version of the Coupe, a station wagon and super-high-performance V-series versions was added to Cadillac.


Other new vehicles are in the works. Last week confirmed GM officials, she had reversed a previous decision and will now bring the acclaimed Converj concept on the market. The version of the plug-in hybrid - the parts of a drive train with the established Chevrolet Volt - will synchronize the ELR.


GM will add also, a new small car, provisionally called the ATS, and a replacement of the much maligned STS which are marketed as the XTS.


The next CTS, are now somewhat larger and more luxurious, on products such as the BMW 5-series and Mercedes.


A decision as to whether CIEL add should by the end of the year, Cadillac sources available. It would take a further three years probably, internally referred to as the "Omega" vehicle will lead the market. Few expect the over-the-top design of the CIEL - what would grill the first production 4-door convertible in half a century - but the subject of design with its signature Cadillac, would significantly affect the final product.


Clearly, several company officers stressed that Omega project strongly influenced by the potential demand in emerging markets, especially China, where luxury cars in high demand are. In fact that has contributed to an unlikely turnaround for caddies sibling brand, Buick, Herald, one of the best-selling in the booming Asian nation.


Chinese buyers have some surprisingly picky, proven, because many luxury car owners prefer to be chauffeured, they should be many rear seat room and facilities. The CTS has been updated for Chinese traders - China's buyers as the latest Buick flagship, lacrosse, largely designed to the requirements of more expansive.


Cadillac has fought, to foreign markets in recent decades, especially Europe, analyst Sullivan warns "It will not be easy" to North America in the future. But with a wider range of products, Cadillac officials hope that they better, against the rival everywhere where they, whether in the US market, Europe, or new markets, competing from the place for luxury brands, are positioned.


© 2011 msnbc.com.  Reprints

Thursday, April 19, 2012

Ferdinand Porsche, sports car designer, dies

Ferdinand Porsche, sports car designer, dies
Hoep / AP


Ferdinand Alexander Porsche is photographed in 1963 with a Porsche 901.


FRANKFURT, Germany — He designed Porsche's classic 911 sports car — the sleek model that evokes power, wealth and envy among aficionados — cementing his grandfather's name into the modern psyche


Ferdinand Alexander Porsche died Thursday in Salzburg, Austria at age 76, Porsche AG said. No cause was provided.


Porsche, known as F.A. to his colleagues, was head of the Porsche design studio in the early 1960s when the company developed the 911 model that remains its brand-defining product. The car, now in its seventh version, remains recognizably the same vehicle, with its sloping roofline, long, low hood and prominent headlights.



Ferdinand PorscheHoep / AP


"The creator of the Porsche 911 has founded a culture of design in our company that distinguishes our sports cars even today," Porsche CEO Matthias Mueller said.


Porsche was the son of former Porsche Chairman Ferry Porsche, who died in 1998, and the grandson of Ferdinand Porsche, who started the company as a design and engineering firm in the 1930s.


Born in Stuttgart on Dec. 11, 1935, F.A. Porsche was initiated into the family business while still a boy, spending time in his grandfather's workshops and design facilities. He studied at the Hochschule fuer Gestaltung in Ulm and joined the company in 1958, taking over the design studio in 1962.


In the 911, he created a larger, less cramped replacement for the company's first model, the four-cylinder Porsche 356. The new car, with a rear-mounted, six-cylinder engine, was originally designated the 901, but the number was changed because French competitor Peugeot claimed a patent on car names formed with a zero in the middle.


Porsche left the operational part of the company with other family members in the early 1970s and in 1972 founded a design business, Porsche Design Studio, where he created eyeglasses, watches and pens.


As a designer, he had a reputation as a functionalist.


"A formally harmonious product needs no decoration, it should be elevated through pure form," he once said — a motto reflected in the lean lines of the 911.


He served as chairman of Porsche AG from 1990 to 1993 and helped steer the family firm through a crisis as sales plunged in the late 1980s under pressure from global competition and a strong German mark that hindered exports.


Under his chairmanship, the company brought in a new CEO, Wendelin Wiedeking, who is credited with turning the company around.


Porsche was to be buried in a private ceremony in the chapel at Schuettgut, the Porsche family's estate in Zell am See, Austria.  

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Thursday, April 18, 2013

Ford focus is the world's best-selling car

Ford focus is the world's best-selling car
Paul A. Eisenstein, the Detroit Bureau - 4 days

Ford apparently will increasingly pay the focus on global small car. Make that the Ford focus overall, was the world's best-selling car last year according to new data from r.l. Polk & company.

The Detroit, the compact model of the manufacturer's more than 1 million sales last year rang, took nearly 17 percent more volume than Toyota for its traditional sales leader, the compact model Corolla. Ford has also the other extreme, its full-size F series pickup, which list come together in the third quarter global sales get. All in all landed Ford three different models in the top 10, including the sixth Fiesta subcompact.

Toyota and Honda had two models in the diagram each Polk, while Volkswagen and General brand one had Motors Chevrolet each. But the top 10 list probably for most Westerners not recognizable containing a new name: China's Wuling Zhiguang the 768.870 revenue generated landing directly behind the F-series in fourth place.

"Focus and Fiesta are the culmination of our global product strategy by a Ford," said Jim Farley, Ford executive Vice President for global marketing, sales and service and the Director of the Lincoln brand.

During focus, a jump of 40 percent of demand in the United States saw last year Ford's focus helped late surge in China rise to the top of the sales charts last year with sales of 1.020.410. It was only on sale in the today's largest automotive market in the world in March 2012. However, that 300,000 of the Ford bought market compressed last year - where is it sold in both the current version and previous generation model known as the focus of "Classic".

I am looking forward to Ford's aggressive expansion plans in China, said Farley, "With additional production capacity added in the last year, we have an enormous opportunity now on our global small car sales in the year 2013, with sales off to a very strong start already strengthen."

Toyota's second place, with sales of 872.774, yet the power of its model corolla, especially since it's for a complete redesign this year underlines set. A prototype called the Furia was in January at the Detroit Auto show presented and Toyota officials recently indicated that the version prior to the Los Angeles Auto show will be introduced in autumn next year.

The fact the the Ford F-series only came third could surprise some Americans in the face of his continued strength in the United States, where it has for decades routinely heads the sales charts as the top-selling truck and overall best-selling vehicle. But the United States was responsible for the vast majority of full-size pickup volume of 785.630 in the past year.

A real outstanding sales is the F-series Polk top 10 chart for only classic truck on the list. In fact, the vast majority of the top-selling products minis and compact cars with the Toyota Camry seat are fifth the only medium-sized range.

What the Wuling Zhiguang is a pintsized people mover barely the size of some of the sedans and hatchbacks in the top 10 charts. Wuling is part of a joint venture between General Motors and its Chinese partner SAIC, based in Shanghai. '

Here is the full top 10 list:

Ford focus - 1.020, 410Toyota Corolla - 872, 774Ford F-series - 785, 630Wuling Zhiguang - 768, 870Toyota Camry - 729, 793Ford Fiesta - 723, 130VW Golf - 699, 148Chevrolet Cruze - 661, 325Honda civil - 651, 159Honda CR-V - 624.982
Copyright © 2009-2013, the Detroit Bureau

Wednesday, October 5, 2011

Cadillac sees building Ciel concept flagship

DETROIT — Cadillac is expecting the go-ahead to build a new flagship based on the same platform as the Ciel concept car.


General Motors is expected to give the go-ahead to Cadillac’s flagship Omega project before year-end, according to senior sources, the maker’s top management encouraged by the overwhelmingly positive reaction of the luxury division’s new Ciel concept vehicle.


It’s unclear whether a convertible or sedan version based on the big Omega platform would be first to market, but there is a clear consensus that Caddy needs a super-premium model if it is to have a chance of regaining its position as “standard to the world,” as its long-time ad slogan declared.

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Omega would be just one in a wide range of new offerings that would be added to the Cadillac line-up, officials told TheDetroitBureau.com, helping the once-dominant marque fill in the so-called “white space” between its current model mix. That will include not only a new plug-in hybrid — but very likely some more conventional hybrid-electric models, as well.


Adding a “flagship” to the line-up is critical, said Cadillac design director Clay Dean during the Ciel’s first public showing in Detroit. The concept convertible was first revealed, earlier this month, during the run-up to the annual Pebble Beach Concours d’Elegance, where it generated “wows” from both potential customers and the gathered media.


The decision to show the prototype was strongly influenced by the need to make a formal decision on the Omega project, which would target a market segment above the coming Cadillac XTS — itself the replacement for the largely unloved Caddy STS sedan. While there is strong support for the super-premium project there was concern whether the public would accept the idea of something so bold.


“We do have this residual positive sentiment but the fact is that we’re not relevant for many consumers,” said Don Butler, the division’s marketing chief.


That had worried some top GM managers all the way up to the chairman’s office. But a car like Ciel, Cadillac is betting, would put the brand back on the radar for even the most affluent buyers, challenging the status quo of luxury brands like Lexus, BMW and Mercedes-Benz. The convertible, with its dramatic suicide-door design and subtle hint of Caddy’s classic fins, was chosen to represent the brand’s future strategy because ragtops tend to have more emotional power than sedans.


Design chief Dean hinted that a hardtop version is already in hand and could be shown publicly in the months to come.


Precise timing for a production version of the big car is a closely kept secret though sources indicate the maker hopes to have it to market by mid-decade, at the latest.


By then, Cadillac’s line-up will be significantly bigger than it is today. In the coming months, the marque will launch both the small ATS sedan and the XTS, the latter model aimed at “modernizing and redefining” the brand’s image, suggested Butler.


Also on tap is the Cadillac ELR, a high-end version of the Chevrolet Volt extended-range electric vehicle — a plug-in in more popular vernacular. The Cadillac version will use completely new sheet metal, a unique interior, different suspension tuning — and a significantly updated version of Volt’s gas-electric powertrain, noted Dave Leone, GM’s chief engineer for rear-drive and performance vehicles.


The ELR is based on the popular Cadillac Converj concept vehicle and when it comes to styling, stressed Leone, “The concept car is the (production) car.” On the technical side, however, he said “there’s still some optimization going on.”


Most significantly, the ELR will use a newer version of the lithium-ion power pack provided by GM’s battery partner SG Chem. That means it will hold more power, among other things, for a given mass. While it would be possible to downsize the pack to get roughly the same electric-only range as Volt, it appears more likely that Cadillac will take advantage of the higher energy density to delivery better range, improved performance — or both — Leone hinted.


GM is making a significant push into battery propulsion, and ELR is not likely to be the last “electrified” vehicle in the line-up, said the engineering chief. It is “very likely” that not only will there be several more hybrids in the Caddy line-up but that “you will see more than one (hybrid) technology.” That might mean one model focusing on fuel economy but another taking advantage of the potential performance benefits of electric propulsion.


Might Cadillac also make a push into diesel? For the moment, Leone and other officials downplayed that option. The high-mileage technology would be more appealing if Caddy were a bigger player in Europe, but diesels are not yet big enough in the U.S. to justify the investment, the maker believes, and there’d be even less traction in China, Cadillac’s second-largest market.


During the Ciel preview in Pebble Beach, GM’s global design chief Ed Welburn suggested the brand is working on more new products than ever before. That apparently isn’t limited to the models it has already confirmed. Models like the ATS, XTS and ELR are “just the bow wave,” General Manager Butler echoed at the Monday Cadillac meeting.


That reflects the broad product proliferation that has swept through the luxury car market, said Aaron Bragman, auto analyst with IHS. “It’s the reason why BMW and Mercedes-Benz have been able to grow so much. Now Cadillac has to go after those white spaces.”


As for the Ciel convertible or a hardtop alternative, Bragman said it is an essential addition to the line-up to be considered a truly global luxury player. “They need a flagship. And it needs to be a truly striking flagship.”


Copyright 2011 The Detroit Bureau. All rights reserved.

Monday, February 25, 2013

Romney's 64 Rambler on the eBay auction-block

Romney's 64 Rambler on the eBay auction-blockPaul A. Eisenstein, the Detroit Bureau - 4 days

It may have not driven home to the white, but a nearly 50-year-old AMC Rambler has historical ties with two presidential campaigns on the eBay auction block.

According to one entry on the popular website, potential bidders have less than three days, classic 1964 once owned by former Michigan Governor George Romney to take the AMC Rambler. The one-time President and Chief Executive of the American Motors Corporation had the white two-door when he made his run for the White House in 1968. His son Mitt used the car to launch his own candidacy President 2007 during a campaign appearance in the suburban Detroit.

"What about this car amazingly is that it is so well preserved and unrestored has." The color is all factory and in excellent shape for his age, '' the current owner, Rancho Cucamonga, California, resident, who sold it on eBay under the screen name said"Socalsoda." He added that "" the most amazing thing about this car is that it is so well preserved and amount of compensation. To find a car, well received is rare, but to find this car well maintained and with this documentation and ownership history is amazing. The color is all factory and in excellent shape for his age. "

Known for his bipartisanship now former businessman bought out-of-style, and politician, after he serve as Governor of Michigan AMC had already left the 64 Rambler. Romney was masterfully for small cars, which go so far as to blow up American Motors larger Detroit rivals for the manufacture of "gas-guzzling dinosaurs."

It is unclear how long he drove the six-cylinder Coupe, although it was still in the family, when Romney during the 1968 President Lyndon Johnson called into question. The Governor of Michigan was considered a strong contender to the top by his own declaration for getting an opponent of the Viet Nam war, explains, that he originally "was been heard by the military" will be thrown.

Romney's death remained in the family until shortly before the senior White Rambler in 1995, when he gave it to the Walter p. Chrysler Museum in Auburn Hills, Michigan Chrysler, AMC had purchased more than a decade earlier. The Coupe remained in the collection until shortly before Chrysler 2009 bankruptcy as, through a series of steps, sold it to a collector in Northern California was purchased by the current owner.

The current top bid as of Tuesday afternoon, was $10,500. The auction will be 21 on Friday, to close 22 February. It is unclear whether all members of the Romney family take part in the auction.

The Rambler has a 196 cubic inch six cylinder engine and after the current owner is good progress, although he did unregistered in a sealed garage since you purchased the Rambler.

Mitt Romney, it is very likely that he spent at least some time in the backseat of the 64 AMC Rambler as he about would have been 16, when his father bought the Coupe. In fact a later, blue received the younger Romney and Mrs Ann model of the Governor, if they got married.

Copyright © 2009-2012, the Detroit Bureau

Wednesday, August 31, 2011

Ferrari sold for record $16.4 million

A 1957 Ferrari Testa Rossa took a $16.4 million in an auction of California the record for the highest price ever paid for a car sold at auction.

The car was the first Testa Rossa built, and served as a prototype for Testa Rossa race car. It has a 300-hp 3.0 litre V-12 engine and a four speed manual transmission. The Hammer came Saturday at the annual Pebble Beach Concours d'Elegance in Monterey car week in California, where hundreds of other expensive classic cars were sold.

The buyer was not recognized.

"The super rich super-rich remain," said Swiss Ferrari historian Marcel Massini Sydney Morning Herald. "The very, very best sold easily, and incredibly high."

The bright red Ferrari 250 Testa Rossa, which won 24 hours of race Le Mans, won the first place in the 2006 Concours d'Elegance, where vintage cars are judged see due to their State.

The previous record for a car was auctioned the $12 million sale of another in 1957 Testa Rossa in Maranello, Italy in 2009. The price includes a 10-percent fee for auctioneers Gooding & company, in accordance with CNNMoney on Saturday.

Go to the auction Rolls-Royce was sold 1925 new Phantom, which had been expected to fetch $1 million. Sammy Davis, Jr. was also not sold Rolls-Royce Silver cloud III convertible a 1963 possession.