Category Archives: new vehicle

Annals of Marketing – Honda Prologue AI Dream Generator

Honda said today it is celebrating the launch of the all-new 2024 Prologue, its first all-electric SUV, by taking families on an “unforgettable” trip powered by AI. The so-called artificial intelligence “Dream Generator” was developed for Honda in collaboration with Amazon Ads Brand Innovation Lab. It is said to create stories by combining user-provided inputs with AI-generated visuals to produce a custom and shareable animated film. Each member of the family is in the figurative driver’s seat as they build a Prologue adventure, say, through jungle terrain inhabited by dinosaurs, above the roads in a magic cloud world, through a microscopic garden jungle teeming with bugs or to outer space. Continue reading

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Annals of Marketing and Racing – Cadillac Opulent Velocity

Cadillac said today that its view what the future of electric performance is contained in teaser look released of the Opulent Velocity concept vehicle. It is designed to market the past, present and future of Cadillac and its performance brand, V-Series. In marketing speak, Opulent Velocity represents the duality of the Cadillac brand defined in the name, Opulent + Velocity.

“Opulent Velocity is designed to foreshadow a zero emissions expression of performance and modern luxury leadership,” said Bryan Nesbitt, executive director, Cadillac Global Design. “We will share more later this year, so stay tuned.” Continue reading

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Taycan Turbo GT Sets Records at Laguna Seca, Nürburgring

Porsche said today that the upcoming Taycan Turbo GT with Weissach package set the fastest electric production car lap at Weathertech Raceway Laguna Seca. The Taycan is scheduled to go on sale this spring as part of the expansion of the premium line of its all-electric sports sedan to include the Taycan Turbo GT and the Turbo GT with an optional Weissach package. The Weissach setup is built for the track and eliminates the rear seats for a higher power-to-weight ratio. At peak power, both models can deliver more than 1100 PS (pferdestarke) or 1084.51 horspower. Continue reading

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Honda Prologue SUV EV Gets $7500 Tax Subsidy

American Honda Motor said today that most all-new 2024 Honda Prologue models, the first all-electric Honda SUV, will qualify for the US $7500 EV tax credit. The federal tax credit applies to the purchase of all 2024 Prologues built after 25 February 2024. All 2024 Prologues will qualify when leased as do other EVs because of a quirk in the tax code. Prologue is arriving at Honda dealerships in the coming weeks, with a 296-mile EPA range rating. Prices before the credit range from ~$42,000 to $52,000. Continue reading

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January 2024 EU New Car Registrations Up 12%

In January 2024, the EU new car market rallied from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. The trade bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy(+10.6%), France (+9.2%), and Spain (+7.3%) posting either high single-digit or double-digit gains, according to ACEA.*

The EU diesel car market contracted by 4.9% in January. However new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%. The four largest markets in the region, together covering 66% of all battery electric car registrations, recorded double-digit gains: Belgium (+75.5%), the Netherlands (+72.2%), France (+36.8%), and Germany (+23.9%). Continue reading

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US Vehicle Transaction Prices Down in January

The automobile market is not contributing to inflation. The extensively covered January Consumer Price Index (CPI), a key measure of inflation is widely misrepresented in AutoInformed’s opinion.

Cox Automotive* said today that it observed declines in retail vehicle prices last month, according to actual transaction data. Kelley Blue Book reported that average transaction prices for new vehicles were down by 3.5% year-over-year, Another Cox measure, Dealertrack data show average used retail prices down slightly less. “Both measures indicate the retail auto market is not pushing overall inflation higher,” Cox said. Continue reading

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Hispano Suiza Teases Carmen Sagrera EV

Hispano Suiza *has unveiled the first images of its new hypercar, the Carmen Sagrera, in a 12-second teaser video. It will be the third model in the company’s range of all-electric hypercars and is due to be unveiled in mid-2024, to mark the brand’s 120th anniversary.

With a new 103 kW battery capacity, the overall driving range will increase. Whether this matters to buyers in the exotic electrified hypercar segment remains debatable. Nonetheless, it is being touted as “the ideal testimony to the 120-year history of the company founded by Damián Mateu and Mark Birkigt in Barcelona in 1904. Continue reading

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Acura ZDX and ZDX Type S EVs Start at $64,500

“The arrival of the all-electric Acura ZDX demonstrates our commitment to a zero-emissions future, but more than that it represents our passion for performance in the electrified era,” claimed Emile Korkor, assistant vice president, Acura National Sales. Continue reading

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Stellantis Reveals STLA Large EV Platform

“Our goals for our STLA platforms are ambitious but this is what our customers need from us today,” said Stellantis CEO Carlos Tavares. “Creating a family of vehicles from a well-engineered set of components that is flexible enough to cover multiple vehicle types and propulsions, over-performing any of our current products, will address each of our iconic brands’ customers. The flexibility and agility of this platform is its hallmark and will be a driving force for our success in the shift to electrification in North America.” Continue reading

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Toyota GR Yaris Debuts at Tokyo Auto Salon 2024

Toyota consolidated motorsports activities under Gazoo Racing in 2015. “Gazoo” is based on gazō, Japanese for image. TGR has continued to compete in various motorsports following the debut of the GR Yaris. It has been implementing “driver-first car-making” through repeated “breaking and fixing” in extreme environments and reflecting feedback from professional race drivers and evaluation drivers, as well as from Toyota Motor Corporation Chairman and accomplished driver Akio Toyoda, aka Morizo. Continue reading

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Supernal Shows S-A2 Electric Vertical Takeoff Aircraft

“From the beginning, Supernal has been on a mission to create the right product and the right market at the right time,” said Jaiwon Shin, president of Hyundai Motor Group and CEO of Supernal. “The unveiling of S-A2 demonstrates our unwavering commitment to deliver on that mission with a safe, efficient vehicle design that provides a clear path to market entry. By leveraging our talented 600-person team, the vast technical and business capabilities of Hyundai Motor Group and trusted aviation suppliers around the world, Supernal is ready to deliver a new era of flight.” Continue reading

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Preorders Open for Acura 2024 ZDX Performance EV

The 2024 ZDX A-Spec is forecast to start in the $60,000 range with a single-motor (rear-wheel-drive) powertrain. A more powerful dual-motor (all-wheel-drive) configuration is also available. ZDX Type S has a performance tuned dual-motor AWD powertrain producing ~ 500 horsepower and is expected to start in the $70,000 range. Continue reading

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Cadillac VISTIQ Three Row SUV to Join EV Lineup

“VISTIQ adds another compelling EV to the Cadillac lineup, reinforcing our commitment to an electric future,” said John Roth, vice president of Global Cadillac. “Our brand now has an EV entry in most luxury segments, offering customers a range of choices, and Cadillac EVs will cover most luxury SUV segments across critical global markets in the next two years.” Continue reading

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First Look – 2024 Lexus GX Luxury SUV

The 2024 GX is offered in six grades: Premium, Premium+, Luxury, Luxury+, and in a first for Lexus, Overtrail and Overtrail+. A 3.4-liter twin-turbo V6 produces 349 horsepower and 479 lb.-ft. of torque with a 10-speed Direct Shift Automatic Transmission. This results in an slightly improved EPA-estimated highway fuel economy rating of 21 MPG. Towing capacity has increased to 8000 lbs. for Premium, Premium+ and Overtrail grades with the standard tow hitch. A hybrid powertrain will be introduced in the US. at a later date. Continue reading

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Annals of Marketing – Honda Offers EV at Hybrid Price

It’s the latest example of how the proposition that EVs are too expensive ignores marketplace competition combined with automaker advantages of scale and decades of innovation in manufacturing, design and cost cutting will relentlessly and inevitably make EVs desirable. Continue reading

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