AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Electric vehicles face many hurdles compared to their conventional, internal-combustion-powered counterparts. Consumers are generally unfamiliar with them plus they have range-related issues, but that’s not all; pricing is also a problem for new-vehicle shoppers.
The 2012 Nissan Cube is getting a little more expensive, though not by a significant margin. The company chose to raise the base price $260 to $15,760, which includes a $780 destination charge.
The real news is that the decision to cut back from four to three versions of the box on wheels has been confirmed. Their top-of-the-line 1.8 S Krom Edition isn’t available anymore, leaving potential buyers to choose from the formerly mid-range 1.8 SL, the 1.8 S mid-range or the 1.8 S base model, priced $19,300, $17,200 and $15,760 respectively.
The Indigo Limited Edition is also available and costs $1,900 to add to the base model, making it slightly more expensive than the mid range car. That near $2 grand package gives you indigo seats, navigation, a rear view moniter, Rockford Fosgate audio, Nissan Intelligent Key and 15-inch aluminum alloys.
You can expect the same 1.8-liter inline four under the hood, making 122 hp and mated to either a continuously variable transmission or a 6-speed manual.
There are five new colors to choose from, though the only real change over last year is “Bali Blue” replacing “Sapphire Black Pearl.” Whatever they choose to call the shades of paint, we won’t be totally shocked if the cube sees further cuts after this year.
The strangely shaped car sold a sorry 198 units last October, well after we would have expected tsunami-related recovery to take place. It was also discontinued in Europe about a year ago. In fact, the vehicle hasn’t done well anywhere but Japan.
GM has announced the pricing details for the 2012 Cadillac SRX and the crossover will get a new, more powerful engine. Pricing for the 2012 SRX will start at $36,060, including a destination charge of $875 and the model adopts a new 3.6-liter V6 producing 308-hp.
The SRX will be get an improved six-speed automatic transmission which features an ECO mode for maximizing fuel efficiency.
The SRX will also benefit from standard Bluetooth connectivity, an all-ebony interior, an optional heated steering wheel, new xenon Blue Metallic paint and 20-inch rims as an option.
[Source: egm Car Tech]
The ultra luxurious 2012 Audi A8L W12 is finally going on sale in the U.S, and has been priced at a whopping $134,375. This is an enormous sum of money considering the most expensive A8L sells for $85,575. The A8L is powered by a 372-hp 4.2-liter V8 and can get from 0-62 mph in 5.1 seconds – more than adequate for most people.
For the extra $48,000, the W12 buyer upgrades to a 6.3-liter twelve-cylinder engine producing 500-hp and 463 lb-ft of torque with a 0-62 mph time of 4.4 seconds. More impressive than that though are the standard 22-way power seats with ventilation and massage capabilities, a panoramic sunroof, a rear-seat entertainment system and the Audi Connect infotainment system with Google Earth.
Mercedes-Benz just announced the pricing for the new CLS coupe starting at $71,300 for the CLS500 to $94,900 for the CLS63 AMG high performance model.
The four-door coupe will come equipped with a 4.6-liter twin-turbo V8 powerplant producing 402-hp. The AMG model gets a 5.5-liter, twin-turbo V8 producing 518-hp. There will also be an AMG performance package option boosting power to 550-hp.
The new CLS model will feature 26 percent better fuel economy over the previous model (18 city/26 highway and 15 city/ 23 highway). The Eco start/stop system helps increase fuel efficiency and will be featured in both the CLS500 and CLS63. Mercedes “4MATIC” system will also be offered, and safety features include active blind-spot assist and lane-keeping assist.
The CLS coupe will be available this June.
A 2011 Chevrolet Volt will be worth just over $17,000 after 36 months, the length of a typical lease, says Kelley Blue Book. That’s a 42 percent drop in price from the car’s $41,000 sticker price.
Eric Ibara, director of residual value consulting at Kelley Blue Book, says the residual value projection seems low. But the first 200,000 Volts sold will qualify for a $7,500 federal tax credit, effectively dropping the sticker to $33,500. With this KBB number, the Volt will hold 51 percent of its value, better than some of its rivals. The Toyota Prius, the industry’s best known hybrid, is projected to drop 46 percent after 36 months. Kelley’s projection assumes gasoline will sell for around $4 per gallon three years from now.
[Source: Car Tech Blog]
Dodge has announced a cut to the base price of the 2011 Grand Caravan minivan, reducing the MSRP by $1,000 on the entry-level Express model. At just $23,995 the refreshed Grand Caravan is now the cheapest minivan on the market.
In addition, the Mainstreet model is $250 cheaper and priced at $25,745.
For 2011 the Grand Caravan received a significant mid-cycle update with an all-new interior, minor exterior styling tweaks, suspension changes and a powerful new 283-hp 2.6-liter V6 engine standard.