Tag Archives: Automakers

New Car Sales Down But Prices, Profits Up in December

December sales are expected to be lower according to forecasts.

Depressed December new-vehicle sales may have automakers facing a blue Christmas, but retailers are seeing record high transaction prices.

That’s the takeaway from two new reports from J.D. Power and TrueCar. And unlike previous years, don’t expect a big sales blowout to clear the lots.

“Historically, December is a big month for the industry as OEMs and dealerships work to close out the calendar year with strong sales. The last week of the month is also typically the biggest week of the year in terms of sales volumes but it’s unlikely to happen this year due to continued inventory shortages and declining incentives,” said Nick Woolard, lead industry analyst at TrueCar.

December retail sales decline from 2020

A joint forecast from J.D. Power and LMC Automotive forecasts new vehicle retail sales this of 1,105,800 units this month. That’s a 17.4% decrease compared with December 2020, when adjusted for selling days. (This year has one fewer sales day than last year.) Without the adjustment, year-over-year sales dropped 20.4% in 2020.

Similarly, TrueCar predicts U.S. retail deliveries of new cars and light trucks to be 1,024,263 units, down 27% from a year ago and on par with November 2021.

That number excludes fleet sales. Fleet sales are even more depressed, according to TrueCar. The expectation for December 2021 is a 29% decrease in sales from a year ago and decline of 3% from November 2021 when adjusted for the same number of selling days.

Vehicles continue to be in short supply, with nearly 57% of vehicles selling within 10 days of arriving at a dealership. That’s a record, according to J.D. Power, which notes that vehicles remain on dealer lots for a mere 17 days, a record low, and down from 49 days a year ago. TrueCar pegs that number at 18 days, up from previous months, but still near historic lows.

The average new vehicle transaction price is expected to reach $45,743 this month.

Short supply fueling higher prices

The short supply of new vehicles is leading to higher average transaction prices.

“While the inventory situation has improved modestly since November, supply remains well below the level at which consumer demand for new vehicles can be met. Intense demand with this limited supply is resulting in prices continuing to increase,” said Thomas King, president of the data and analytics at J.D. Power.

King notes average transaction prices are expected to reach a record $45,743 this month, 20% higher than December 2020 and the first time that number has passed $45,000.

The higher prices are the result of reduced incentive spending by OEMs, with the average manufacturer incentive per vehicle totaling $1,598, a decrease of $2,291 from a year ago. That’s 3.5% of the average vehicle MSRP, down from almost 5.5% a year ago, according to King.

Automakers have drastically cut incentive spending, leading to higher prices.

TrueCar’s forecast a similar story, with automaker incentive spending down 55%. This is leading to an average transaction price projected to increase 7.5% from December 2020 and rise 2.5% from November 2021. 

Incentive spending is tumbling, according to TrueCar. Year over year, General Motors cut its incentive spending 64.7%, the most of any automaker. Nissan cut its spending 57%, Hyundai 54%, Toyota 53.5%, Volkswagen Group 51.35%, BMW 47.3%, Stellantis 46.5%, Ford 41.8%, Kia 41.6%, Honda 40.9%, Daimler 37% and Subaru 31.9 percent. Subaru was lowest by dollar amount of the OEMs examined at $1,006. Daimler was the highest at $2,738.

Who’s benefitting most? Retailers

But retailers are benefitting from current market conditions. Although volume is lower, Dealers’ profit per unit — inclusive of grosses and finance & insurance income — is forecast to hit a record $5,258, up from $3,277 from a year ago. This has led to record dealer profits, which are projected to be up 254% from December 2019, reaching an industry aggregate revenue of $5.8 billion — an industry record. 

The higher prices are leading to record retailer profits.

And the strong vehicle demand for new vehicles is fueling record used vehicle prices, which is giving buyers more equity on their trade-ins, with the average trade-in equity for December expected to reach $10,199, up from $4,623 from a year ago, and an 83% increase. That increased equity helps make pricier vehicles more affordable, as has a decrease in the average interest rate in December. It’s expected to decline nine basis points to 4.05 percent.

But increased equity and lower interest rates hasn’t helped fitting a car payment into the family budget. The average new vehicle payment is expected to reach $680, up $78 from December 2020, and a record high, according to Power. TrueCar paints a similar picture, with the average interest rate on new vehicles is 4.3% and the average interest rate on used vehicles is 7.5%. The average loan term for both new and used vehicles is 70 months.

2022 should be better than 2021

When it comes time total calendar year sales, expectations are for an improvement from 2020. 

Supply should improve next year, but will remain near record lows.

“Full year 2021 will still show a solid sales increase from 2020. The year-over-year sales declines experienced every month in the second half of 2021 were not enough to wash the record sales pace in the first half of the year,” King said.

But it should improve during the next 12 months.

“Indications are that shipments will rise incrementally as the year goes on, allowing sales to rise from 2021 levels. However, pent-up consumer demand will keep inventory levels near historical lows,” King said.

TrueCar also sees inventories improving, but incrementally.

“We continue to see signals of stability and in some cases, slight improvement. One such indicator, our scarcity measure, shows improvement in recent months for both new and used vehicles,” said Valeri Tompkins, senior vice president of OEM Solutions at TrueCar. “However, questions still remain as to the trajectory of improvement we can expect to see in 2022.”

Ford Recalls Nearly 185K F-150s

Ford announced it’s recalling almost 185,000 F-150 full-size pickups. The 2021 and 2022 model-year trucks are experiencing driveshaft problems that could cause it to fracture.

All-new F-150
Ford is recalling nearly 185,000 F-150 pickups from the 2021 and 2022 model years.

The issue only affects certain F-150 Crew Cab 4×4 pickups, according to the filing with the National Highway Traffic Safety Administration. The company’s began examining the issue since July.

The truck’s underbody thermal/acoustic insulators can loosen over time. If they come in contact with the truck’s aluminum driveshaft, they can cause scoring or marks. If this goes on long enough, the heat generated each time can eventually crack the driveshaft.

Potential results if the issue is not repaired

“A fractured driveshaft may result in loss of motive power,” the report states, “unintended vehicle movement while the vehicle is in park if the parking brake is not applied, and may result in secondary damage to surrounding components.”

Additionally, once fractured, the driveshaft could break loose and touch the ground, causing the driver to lose control of the pickup, potentially resulting in a crash. The company is unaware of any accidents or injuries caused by the problem.

2021 Ford F-150 - at work site
Some Ford F-150 pickups are facing issues with the aluminum driveshaft on the truck.

Owners are advised to look for a “loose underbody insulator.” They should also listen for a rattling, clicking or clunking noise due to the loose insulator coming in contact with the driveshaft. The scoring or marking on the driveshaft described earlier may also be visible.

Next steps

Ford’s taken steps to resolve the problem during production by swapping the underbody thermal acoustic insulator for an under-carpet thermal patch at the two plants — Dearborn (MI) Truck and Kansas City (KS) Assembly — already.

Dealers received the notice Tuesday, and owners will begin receiving notices in the mail shortly. They will be instructed to make an appointment with their dealer to have “positive attachment features adde to the underbody insulators.”

They’ll also inspect the driveshaft for scoring or marks that may have already occurred. This will be done at no expense to the truck owner.

As of Dec. 7, Ford received 27 reports of fractured aluminum driveshafts possibly related to sagging underbody insulators on the F-150s, the automaker said in an Automotive News report.

Lotus Builds Its Final Elise, Exige and Evora Models

The final Lotus Elise, a Elise Sport 240 Final Edition, is one of 35,124 built over 26 years.

Lotus built its last the last Elise, Exige and Evora sports cars today in Hethel, Norfolk, U.K. The end of production for the three sports cars comes as Lotus readies its assembly lines for the upcoming Emira, which is expected to roll off assembly lines in the spring.

“We will miss them, but a bit like Christmas, once it’s over, the excitement for the next one starts to build,” said Russell Carr, design director, Lotus Cars, in a statement. “And that’s what’s happening now at Lotus with the Evija, Emira and forthcoming Type 132. 2022 is going to be a great year as a new Lotus generation swings into action.”

End of an era

During the cars’ 26-year run, 51,738 cars were built. Combined, they represent almost half of the total production of the 73-year history of Lotus. From 1996 to 2000, the first-generation Elise and Exige sports cars were built alongside the Lotus Esprit. But the company revamped its assembly operations when the Spirit ended production. Now, the current assembly lines will be dismantled and revamped, allowing for an addition 5,000 units of capacity.

A Lotus Exige Cup 430 Final Edition, the last of 10,497 units.

The final cars will be a yellow Elise Sport 240 Final Edition, the last of 35,124 cars; a Heritage Racing Green Exige Cup 430 Final Edition, the last of 10,497; and a Dark Metallic Grey Evora GT430 Sport, the last of 6,117 built.

The Evora is the only Lotus model currently sold in the United States, with a base price of $99,150. Its supercharged Toyota 3.5-liter V-6 makes 416 horsepower and 317 pound-feet of torque with the 6-speed manual transmission, or 332 lb-ft with the 6-speed automatic. 

The final models of the Elise, Exige and Evora models will not be sold. They will be placed in Lotus’ heritage collection. 

“(C)ustomers have given our ‘three Es’ true cult status — usually reserved for long-out-of-production classics,” said Matt Windle, managing director, Lotus Cars. “As we say farewell to the last few cars, we look forward to the Emira and Evija.”

The 6,117th Lotus Evora is an Evora GT430 Sport.

The end of production coincides with the recent death of Hazel Chapman, wife of Lotus co-founder Colin Chapman.

What’s ahead for Lotus

The three models are being replaced by the all-new Emira, its name derived from ancient languages meaning “commander” or “leader.” The car will be Lotus’ last gasoline-powered sports car, with a design inspired by the Evija. All future models are promised to be 100% electric powered. Like previous Lotus models, the Emira will employ lightweight construction and massive horsepower, with a bonded aluminum chassis that’s strong, yet lightweight.

It will house one of two engines, the first being an AMG-tuned turbocharged 4-cylinder mated to a dual-clutch gearbox that sends 360 hp to the rear wheels. The other is a supercharged Toyota V-6 with either an automatic transmission or a 6-speed manual. The AMG engine will not be offered with a manual.

The Evija will hit 186 mph more than 3 seconds faster than the Bugatti Chiron Pur Sport.

The company is also planning to release the Evija, a new hypercar and its first electric model. Punching out nearly 2,000 hp through all four wheels, it promises a 0-186 mph time of 9 seconds, making it the quickest vehicle on the road. But expect to pay $2 million for the privilege.

But that’s just the start of a line of new Lotus EVs that will include the Type 132 electric crossover, recently teased at the 2021 Gangzhou Auto Show as well as on YouTube. It’s also slated to be released in the Spring. The company is also planning to release the Type 131, the first of Lotus’s three new electric sports cars.

Group Lotus is owned by Chinese automaker Geely, which bought the British automaker in 2017, and Etika Automotive, a Malaysian conglomerate, which owns the remaining 49 percent. 

NHTSA Opens Investigation into Tesla Gaming Software

Patton plays games driving Model 3
Journalist Vince Patton demonstrates its possible to play video games while driving his Tesla Model 3.

The National Highway Traffic Safety Administration (NHTSA) it is investigating 580,000 Tesla vehicles sold since 2017 that allow those seated up front to play games on the infotainment touchscreen while the vehicle is in motion.

The investigation stems from a complaint filed with agency earlier this month by Vince Patton, a retired journalist from Portland, Oregon.

The formal safety investigation, which was announced Wednesday, covers 2017-2022 Tesla Model 3, S, X, and Y vehicles. NHTSA opened the investigation “based on reports that Tesla gameplay functionality, which is visible on the front center touchscreen from the driver’s seat, is enabled even when the vehicle is being driven.”

Tesla made the software more dangerous

The 2021 Tesla Model S gets an all-new interior, a yoke-style steering wheel and the updated software being investigated by NHTSA.

The feature, known as “Passenger Play,” increases the risk of a crash. Since December 2020, the feature can be used while driving. Prior to that, it could only be used when the vehicle was in Park. The agency said that it is evaluating aspects of the feature, including how frequently it’s used and when.

NHTSA is concerned about distracted driving, an increasing risk as automakers bring increased online connectivity to infotainment touchscreens. Distracted driving caused 3,142 deaths in 2019, all of them preventable. 

While Passenger Play does have a warning stating the game is meant solely for passengers. Although it asks for confirmation that the player is a passenger and not the driver, there is nothing preventing the driver from playing while driving.

Other Tesla safety issues

Consumer Reports criticized the performance of Tesla’s latest version of Autopilot.

It’s not NHTSA’s only Tesla safety investigation, nor Tesla’s only safety issue.

In August, the agency opened a formal safety investigation of 765,000 Teslas equipped with its Autopilot driver-assistance system after 11 crashes involving parked emergency vehicles killed one person and injured 17. The inquiry covers 2014-2021 Models S, X, Y and 3. 

In October, Tesla had to roll back full self-driving, or FSD, with Musk revealing that the company is “seeing some issues with 10.3, so rolling back to 10.2 temporarily.” 

And in November, Tesla issued a recall for 11,704 vehicles sold in the U.S. since 2017. The recall covers Model S, X, 3 and Y vehicles and came about as a result of an over-the-air firmware update of the automaker’s “Full Self-Driving Beta,” its advanced driver assistance system.

The company identified a software communication error that could cause the forward-collision warning or automatic emergency brake system to falsely activate, possibly leading to a rear-end collision.

Other OEM infotainment issues

2022 Mercedes EQS 580 4Matic black daytime
The new Mercedes-Benz EQS was recalled after it was found that its MBUX system allowed television and internet to be displayed while driving

Other automakers are far more concerned over distracted driving than Tesla. On November 29, Mercedes-Benz recalled 227 vehicles in the U.S. after the company discovered that its MBUX infotainment system allowed television and internet to be displayed while driving.

The recall affected 2021 Mercedes-Benz S580, 2022 EQS450, EQS580, and S500 models. Mercedes-Benz has already corrected the problem, and no deaths or injuries seem to have resulted from the problem.

Musk pays billions to satisfy tax bill

In other Tesla news, Reuters is reporting that Tesla CEO Elon Musk sold 10% of his own company stock, 13.5 million shares, 8.06 million of which were sold to pay taxes. The billionaire said he is paying more than $11 billion in taxes this year. 

Tesla CEO Elon Musk
Tesla CEO Elon Musk slammed California over its tax policy.

“California used to be the land of opportunity and now it is … becoming more so the land of sort of overregulation, overlitigation, overtaxation,” Musk told Reuters, adding his combined federal and state tax rate tops 50 percent.

The tax bill may explain why Musk recently relocated Tesla’s headquarters to Austin, Texas from Palo Alto, California.

But taxes aren’t Musk’s only concern.

The company has submitted all the documentation required to get its factory approved near Berlin, Germany. Approval of Tesla’s newest manufacturing facility has been delayed by environmental concerns and red tape due to Tesla’s decision to add a battery factory to the site. That has delayed the approval process. It remains unclear when the new plant is expected to open.

GM Wants to “Electrify Everything”

As part of a $37 billion program, General Motors plans to bring at least 30 battery-electric vehicles to market by mid-decade — but it is expanding its electrification strategy to power up pretty much anything “already on the road,” as well as on the water, it announced on Wednesday.

GM EV Components Textron GSE tug
GM looking to electrify “everything,” including offering conversion kits as well as packages for vehicles like this jet tug.

The largest of the Detroit automakers’ Electric Connect and Cruise eCrate systems will allow owners to swap out their conventional gas engines in classic vehicles like the Camaro and E-10 pickup for battery-drive technology. GM also is looking to power up cargo tractors and other airport gear, while also working up ways to bring electric propulsion to the marine industry.

“GM has an established strategy, network of integrators and co-development agreements to apply an extensive array of components and solutions to a broad range of customers and use cases,” said Travis Hester, GM vice president of Electric Vehicle Growth Operations, in a statement Wednesday.

The carmaker estimates there’s a “total addressable market” for swapping conventional drive systems for battery power that could approach $20 billion by 2030.

“As companies across many industries look to reduce their environmental impact, GM is uniquely positioned to serve as a leader not only through exciting new EVs across our brands, but through additional technology applications,” said Hester, “and we look forward to bringing customers — existing and new — along with us on our zero-emissions journey.”

SEMA K5 Blazer EV front
Chevrolet showcased a 1977 K5 Blazer converted to all-electric propulsion at SEMA360 in 2020.

Converting to electric

Demand for conversion technology is already on the rise. There’s been a flood of startups converting classic vehicles, including vintage Camaros, Porsches, Volkswagens and Land Rovers, to run on battery power.

GM targeted the conversion market with the launch of the eCOPO Camaro project car at the SEMA Show several years back, and has revealed other project cars like Project X and the 1977 K-5 Blazer. It is getting ready to provide what are essentially plug-and-play packages, like the Cruise eCrate and Electric Connect, to simplify the process. The goal is to allow owners and conversion companies to make a swap with a minimum of effort.

The Detroit automaker isn’t the only one sensing an opportunity here, however. Ford recently demonstrated the potential for its own Mach-E crate motors, which, as the name implies, uses hardware and software borrowed from its Mustang Mach-E battery-electric SUV. The conversion package can be plugged into classic products such as a 1978 Ford F-100 pickup. Volkswagen and Tesla have also gotten into the game, the latter automaker’s electric drive technology used by one conversion fan on a Rolls-Royce once owned by Johnny Cash.

Multiple applications for electric motors

But GM’s strategy isn’t limited to road-going vehicles.

It’s teaming up with Textron Ground Support Equipment Inc., a Textron subsidiary, to power up ground support equipment like the cargo and baggage tractors, belt loaders and Tug equipment found at commercial airports. Electrifying those vehicles promises to reduce emissions, as well as operating costs, while improving reliability, experts claim.

GM electric expansion graphic Dec 2021

Commercial fleets, in general are showing strong interest in making the switch to battery power. GM this month began delivering the first of its BrightDrop delivery vans, joining competitors like Ford and Rivian in a market that could rapidly grow this decade, according to industry forecasts.

The opportunity to electrify isn’t limited to ground vehicles, however. A number of manufacturers are looking at ways to harness battery and hydrogen fuel-cell technology for other transportation and cargo applications. Rolls-Royce recently set a speed record with an aircraft outfitted with one of its drive systems. Airbus just released plans for a hydrogen turbofan system.

GM sees big opportunities coming in the marine world. It recently announced a strategic investment in the Seattle-based Pure Watercraft. The move, the automaker said, “represents an opportunity to bring EV technology to the marine industry and help preserve enjoyment of the outdoors for future generations. Together, the two companies will develop and commercialize battery electric watercraft, to accelerate the transition to electric mobility.”

GM also has been exploring ways to electrify the rails. Last June it announced another partnership with Wabtec, one of the largest providers of freight locomotives. Under a non-binding agreement, the automaker will provide both battery and hydrogen fuel-cell systems for prototypes like the Wabtec FLXdrive. Eventually, the technology could replace the conventional diesel-hybrid systems that dominate the rails today.

Ford Partners with CARB to Secure Green EV Charging

Charging is key to the transition to electric vehicles and while more chargers are one the way, Ford Motor Co. is launching a new program to ensure the juice needed to run an EV does not contribute to the emission of greenhouse gases. 

Ford debuts 2020 Escape PHEV
Ford’s program can be used by current owners of the Mustang Mach-E, E-Transit and Escape PHEV.

With help of one auto industry’s traditional foes, the California Air Resource Board, Ford is beginning what it describes as a “sustainable charging program,” which allows owners of plug-in electric vehicles in California to opt for only carbon-neutral charging at home.  

“Ford’s electric vehicle customers are beginning to realize all the possibilities associated with their vehicles and sustainable energy management,” said Matt Stover, director of charging and energy services, Ford Motor Co.

“By working with regulators, utilities and customers for home integration services, we’re enabling EV drivers to lower their carbon footprints, potentially save money and help protect the grid, all through their smartphones.” 

California-based owners of all current Ford all-electric and plug-in hybrid vehicles, including the Mustang Mach-E, the E-Transit and the Escape PHEV, plus the F-150 Lightning coming in 2022, are eligible for the program. 

Ford green charging California graphic

Only green energy wanted 

The idea is to only use electricity made with renewable sources rather than oil, gas or coal, reducing the carbon footprint of the energy used to power the vehicles.  

Carlos Tavares, Stellantis CEO, recently noted the ability of electric vehicles to limit emissions of greenhouse gases is blunted if the energy powering them comes from fossil fuels, such as oil. Other critics of EVs note EVs cannot deter climate change if they are dependent on electric grid powered by fossil fuels.  

Ford plans to participate in CARB’s “Low Carbon Fuel Standard,” which will offer customers a new way to help reduce greenhouse gas emissions that contribute to climate change by matching the use of electricity used to charge plug-in electric vehicles at home with 100% local renewable energy, the automaker said. 

CARB, which has control of air quality standards throughout California, has long warred with automakers about emissions. Significant health concerns, created by automotive-related air pollution in Southern California, have given CARB enormous influence over emission standards not only across California but also across the United States. 

Ford Sustainable Charging web page

Program uses a phone app to find green energy 

Under the program, owners of eligible plug-in electric vehicles connect to the program through the FordPass app. 

Once enrolled, the FordPass app automatically tracks the amount of electricity used while charging at home. Ford generates, or buys, an equivalent amount of California-sourced Renewable Energy Certificates, an EPA-recognized program that records the generation and usage of green energy. 

Ford then sends evidence of the matching amounts to CARB, ensuring that all home plug-in charging activity is matched with zero-carbon electricity. 

Ford is investing more than $30 billion in electric vehicles and batteries through 2025. The push supports the company’s longer-term goal of creating a sustainable American manufacturing ecosystem, and to accelerate its progress towards achieving carbon neutrality no later than 2050. Overall, Ford expects 40% to 50% of its global vehicle volume to be fully electric by 2030.

What Does Santa Drive?

Santa Claus after a night of hard work.

Sure, you might think that dear old Santa Claus is just some jolly gift giver. But look closer, and it’s hard not to be impressed.

This is a guy who runs a major distribution operation at the North Pole, a privately held enterprise that procures goods year ‘round, listens to customers and fulfills their requests in one short night. And you thought Amazon Prime was quick? Yeah, right.

And just try parallel parking eight reindeer and a sleigh without any automated driver assist systems. Good luck. 

But it begs the question, what does this much beloved, highly placed, international executive drive? No one really knows, but here are some possibilities.

Jeep Grand Wagoneer - by castle
The new Grand Wagoneer is powered by a 6.4-liter V-8 putting out 471 horsepower, making it a great daily driver

Jeep Grand Wagoneer: Given Santa’s advancing years, his comfort is a priority. But there’s work to be done, so ol’ Saint Nick needs a lot of utility and the ability to go anywhere at any time no matter what the weather. Few vehicles do it as well as the 2022 Jeep Grand Wagoneer, especially on unimproved roads.

Santa values the Grand Wagoneer’s Quadra-Drive II with active low range, rear electronic limited slip differential, terrain management system, its 48:1 crawl ratio, and ability to ford up to 24 inches of water yet tow 10,000 pounds. Yet its cabin possesses artisan-levels of craftsmanship, something unexpected yet welcome.

But it’s more than capability or its opulent interior. This is one high-tech sled, with a full 45 inches of video screens on the instrument panel. And having such a large vehicle at the North Pole is comforting when driving in bleak weather and Rudolph is playing reindeer games.

Ford F-150 hybrid powering Texas home 2020
The Ford F-150 Hybrid is good source of power should it go out at the North Pole.

Ford F-150 PowerBoost Hybrid: Eight reindeer eating lots of Reindeer Chow leads to a lot of — ahem — mess to clean up. A pickup makes for the perfect polar workhorse, especially the 2021 Ford F-150 Hybrid.

Its twin-turbocharged and intercooled 3.5-liter overhead-cam V-6 mated to an electric motor that generates 430 horsepower and 570 pound-feet of torque and returns an EPA-rated of 24 mpg. And it can tow 12,700 pounds, enough to haul a trailer with all eight reindeer and their chow. It also boasts an integrated generator, with 7.2 kilowatts of power, enough to help power key appliances when the power goes out.

And when Santa needs his truck to be his office, there’s a 400-watt outlet for running office equipment, and a center armrest that converts to a flat work surface, with a storage bin beneath it large to hang file folders. And the front seats fold flat to create a bed that’s perfect for the quick nap away from Mrs. Claus. Ho, ho, ho. 

The new Chrysler Pacifica Hybrid can travel up to 30 miles in electric-only mode, and carry a whole pack of elves.

Chrysler Pacifica Plug-In Hybrid: When you need to move a mess of elves, few vehicles can handle it with the aplomb of the 2022 Chrysler. Sure, Santa needs a minivan to schlep his staff, and the Pacifica proves the ideal solution. There’s more legroom than many full-size SUVs, and abundant cargo space.

To keep them all occupied, there’s Amazon Alexa, wireless Apple CarPlay and Android Auto, and for 2022, Amazon Fire TV streaming for rear-seat passengers. Powering the Pacifica Plug-In Hybrid is the corporate 3.6-liter double-overhead cam V-6, albeit modified for hybrid duties, working in concert with two electric motors to deliver 260 horsepower to the front wheels.

It run 33 miles solely on electric power, enough to quickly pop across town. And the EPA says that you can save $800 annually in fuel costs compared to the standard Pacifica minivan.

Mrs. Claus loves the Genesis GV80’s understated opulence

Genesis GV80: The lavish GV80 is an all-new model for Genesis, one that guarantees Santa’s other half will be wearing the latest in bold automotive fashion, and enjoy the latest in seamless technology including all-wheel drive.

Mrs. Claus loves the extensive suite of driver-assistance safety features and helpful technology such as the head-up display and a huge 14.5-inch touchscreen. The quilted leather upholstery, and rear seats that adjust with heated and cooled cushions seem positively lavish.

And when it comes to indulgence, the same can be said of its performance, thanks to its 375-hp twin-turbocharged 3.5-liter V-6. It’s a sweet ride for the missus.

Mercedes-Maybach S 680: A night on the town calls for a righteous ride, one that’s appropriate of Santa’s station. Is there another executive shuttle to match the technology, ability and finely crafted interior of the Mercedes-Benz S-Class? The Maybach trim level turns up the luxury to 11, while retaining the sort of convenience features essential to older drivers.

When all the gifts have been delivered, and every stocking stuffed, Santa enjoys a good rip behind the wheel of the Mazda MX-5 Miata.

One such feature, Night View Assist Plus, ensures the driver doesn’t hit any wildlife. ANd its quilted leather and hushed ambience, makes every ride a special occasion. And let’s not forget its 6.0-liter twin-turbo V-12; it propels this massive Merc to 60 in just 4.4 seconds. And considering how much Santa has given others, this bit of indulgence is worth it.

Mazda MX-5 Miata: The stockings are stuffed, the presents placed under the tree, and now it’s Miller time. Even Santa needs to let his hair down to enjoy a few ho, ho, hos in warm weather.

You can almost see him zipping around Palm Springs in the Mazda MX-5 Miata. It’s a modern-day classic with great looks, light weight and crisp handling.

Tesla Model 3 Most Expensive Vehicle in U.S. to Insure

Electric vehicles are typically more expensive to purchase than their internal combustion counterparts — a major factor when shopping for a new ride. 

2021 Tesla Model Y blue
The Tesla Model Y was the second most expensive “popular” vehicle to insure in the U.S. trailing only the Model 3.

However, what you’ll pay to insure that new sedan or utility vehicle plays a role in how much vehicle a buyer can afford. A new study by QuoteWizard, an insurance price comparison website, reveals the most expensive “popular” vehicles to insure are also EVs: the Tesla Model 3 and Model Y respectively.

The Model 3, which starts in the low $40K range, costs an average of $2,830 a year for full coverage. The Model Y isn’t far behind at $2,658. “Insurance for the Model 3 and other Tesla vehicles is so expensive because as a luxury car, Teslas are more expensive to repair and are a more enticing target for thieves,” the website noted.

The rest of the top five include: Hyundai Sonata ($2,332), Kia Forte ($2,328) and Hyundai Elantra ($2,295). While the Teslas being luxury vehicles made them the target of thieves, helping to drive upthe cost to insure them, there are other factors at play, the website noted.

Vehicles with powerful engines are typically more expensive to insure as they “more likely to be in damaging high-speed crashes than most other types of vehicles.” The cost to repair a vehicle also plays into how much an owner is charged for insurance.

Least expensive

At the other end of the spectrum is the Subaru Forester, which came in at $1,760 on average to insure. Subaru’s tend to have to have good safety records, which is an enticement for buyers who are typically more cautious drivers, less prone to collisions.

The rest of the top five of the least expensive includes: Jeep Cherokee ($1,767), Honda CR-V ($1,769), Jeep Wrangler ($1,777) and Honda Odyssey ($1,822). If you’re looking to save some money on insurance, there are a few things you can do.

First, buy a medium-sized vehicle. A common misconception is that the smaller the car, the cheaper it is to insure. Many insurers associate small cars with being faster on the road and more prone to getting into accidents.

Others might believe large cars are the perfect vehicle to drive. A midsized vehicle, like a sedan or small SUV, is the cheapest to insure in most cases, the website noted.

It can be cheaper to insure a plain car rather than a flashy one. Showy cars can be more of a target for thieves, which insurers consider when setting rates, the site added.

The average vehicle costs $1,255 to insure annually in the U.S., but several things factor into how much the end price is, including the age the vehicle, what you paid for it, engine size and what make and model it is.

The 2018 Jeep Wrangler Sahara is the cheapest car to insure in the U.S. On average, it costs $1,306.94 per year to insure this model. It’s cheap because its relatively affordable, it starts at $28,045, plus its sturdy and boasts plenty of safety features.

First Look: 2022 Rolls Royce Ghost Black Badge

Who would have thought you could make the Rolls-Royce Ghost look so sinister?

Rolls-Royce revealed a new addition to the Rolls-Royce Ghost line-up in Miami Thursday — the Black Badge — during a North America dealer meeting that saw about 100 retailers meet with the automaker’s top executives. 

The automaker revealed the new model to dealers at the Mad nightclub in the hip and trendy Wynnewood section of Miami, and will do the same for customers later this week.

“We just felt this was very Black Badge,” said Richard Carter, director of communications for Rolls-Royce Motor Cars. “It’s very, noir; It’s very alternative; and that’s the essence of Black Badge.”

The Rolls-Royce Ghost Black Badge expands a line-up that began with the Wraith coupe, followed by the Phantom sedan in 2016, the Dawn cabriolet in 2017 and the Cullinan SUV in 2019. The murdered-out Black Badge models now account for more than 27% of Rolls-Royce sales worldwide, including 40% of Cullinan sales.

The darker side of opulence

To realize the Ghost Black Badge’s menacing demeanor, the company uses 100 pounds of the industry’s darkest black paint. The Spirit of Ecstasy and Pantheon Grille are darkened using a chrome electrolyte applied during chrome plating. The new model wears exclusive 21-inch wheels with as many as 44 layers of carbon fiber.

The 2022 Rolls-Royce Ghost Black Badge can be had in more that 44,000 different hues, although most Black Badge customers choose black.

As you’d expect, interior components are darkened including air vents and the wood veneer, along with Black Badge badging and other unique interior touches, although clients are free to specify any number of colors and trim to be used on the car’s interior.

Engineers also contributed, fitting larger air springs to alleviate body roll during assertive cornering. There’s also roughly 29 additional horsepower and a revised transmission to make the Black Badge a bit more athletic. They also reduced brake pedal travel.

A quick turn behind the wheel of pre-production prototypes revealed a car that can be driven more aggressively than your average Ghost. Grip is impressive while cornering, staying firmly planted despite some noticeable body roll. Body motions never become excessive, and rebound over bumps is very well controlled. Yet its agility doesn’t come at the expense of the brand’s legendary comfort.

An idea born in Beverly Hills

The idea of Black Badge occurred in 2014 in Beverly Hills.

“This whole notion of the alter ego of Rolls Royce, the slightly noir, naughty, edgy side of Rolls Royce is something that we were thinking about. We were looking at ways and means of lowering the age profile of our brand,” Carter said.

The Pantheon Grille and Spirit of Ecstasy also receive the Black Badge treatment.

At the time, the brand had one model, the Phantom, and an average buyer’s age of 57. “We were selling one model to a dying set of customers, and there was no future in that,” he said.

At the time, the company was about to release the first-generation Ghost, followed by its two-door spinoff, the Wraith, both of which would attract younger buyers. But the company needed more. They were searching for an idea, but hadn’t settled on anything yet.

Torsten Müller-Ötvös, chief executive officer, Rolls-Royce Motor Cars, was waiting for a car to pick him up at the SLS Hotel in Beverly Hills when a murdered-out Phantom Coupe pulled up. Ötvös was stunned, and asked the owner why he modified his Phantom.

“He told me over the weekend, that he wants to be a different kind of character,” Ötvös said. “For some of the week, he is friendly and nice. But over the weekend, he wants to be something different. He enjoyed playing a different role; how he was dressed, looked and talked.” 

A couple weeks later, Ötvös had similar experiences particularly in the United States, particularly in California. This led to the creation of Black Badge at a time where murdered-out cars weren’t mainstream.

A surprising success

The Ghost Black Badge is revealed for the first time at the Mad nightclub in Miami.

Initially, executives expected Black Badge models to have a 10%-15% take rate. But they were mistaken. It turned out to be a stunning success, with a far higher take rate. Currently, Black Badge represents 40% of Cullinan sales. Black Badge, along with new models like Ghost, Wraith and Cullinan, have brought the average Rolls-Royce buyer’s age down to 43, quite a large drop in a little less than a decade. 

“We are even younger than Mini as a brand in the BMW Group,” Ötvös said, who then explained that the type of wealthy car buyer has changed. 

“When you look into ultra-high net worth individuals, those people who are our target group worldwide, they became younger and younger over time because the way to generate wealth is very, very different from what it used to be 15-to-20 years ago.”

Rolls-Royce sees its Black Badge line as one that appeals to iconoclasts, a type of buyer that the brand has always attracted, particularly during the pre-World War II years, when all coachwork was custom built.

“Black Badge was the most instrumental piece we had in an all-new brand strategy to massively decrease the average age and illuminate the brand in a significant way,” Ötvös said. 

Mission accomplished.

First Look: Mitsubishi Outlander PHEV

The new Mitsubishi Outlander already has proven to be one of the most important products the long-struggling automaker has launched in its bid to become relevant to U.S. motorists again. Now, Mitsubishi is hoping to gain even more traction with the upcoming launch of a plug-in hybrid version.

2022 Mitsubishi Outlander Hero Image
The gas-powered 2022 Mitsubishi Outlander made its debut in February.

The Japanese automaker claims it will yield more range than the old Outlander PHEV, at an estimated 87 km, or nearly 55 miles, per charge — though that’s using the global WLTP test cycle and will likely come down once the American version is tested by the EPA.

“With low (carbon dioxide) emissions and environmental impact from manufacturing and use,” said Takao Kato, MMC’s president and CEO, “the all-new Outlander PHEV model can be considered the best solution for carbon neutrality today.”

Updated, upgraded drivetrain

The Outlander was first introduced in 2001 and, with the fourth generation, it has become a core part of the brand, accounting for about 20% of its global volume. The first plug-in hybrid version was unveiled at the 2012 Paris Motor Show. It produced a combined 197 horsepower by pairing a 2.0-liter inline-4 gas engine with twin 60-kilowatt electric motors drawing power from a 12 kilowatt-hour lithium-ion battery pack.

The new Outlander PHEV gets numerous powertrain upgrades, though the automaker isn’t releasing hard specs yet. In a statement announcing the new vehicle it said the plug-in gets “an increase of around 40% in the output of the front and rear motors and drive battery.” The lithium-ion pack, it did note, jumps to 20 kWh. The gas engine, added a spokesman, is a “slightly updated” version of the old PHEV’s 2.4-liter package.

Mitsubishi Outlander PHEV charging port 2022
The new Outlander plug-in hybrid will arrive in the U.S. in the second half of 2022.

Mitsubishi also revealed, “The power drive unit for the front motor is newly equipped with a booster function which bolsters driving force by raising the supply of voltage to the front motor while simultaneously improving electricity consumption by raising the efficiency of the generator.”

Third row added

The automaker also took steps to downsize some of the hardware, notably the rear motor and control unit. As a result, the new plug-in will gain room for a third row yielding space for seven occupants.

The drive system now will allow One-Pedal Driving, as well, a feature that effectively allows motorists to minimize the need to jump from throttle to brake when driving in light to moderate traffic. That feature was found to be extremely popular with EV owners, according to the recent J.D. Power Technology Experience Index.

With only modest tweaks, the plug-in adopts the same exterior and interior design as the gas-powered Outlander. The overall strategy is based on a concept dubbed “I-Fu-Do-Do,” which means “authentic” and “majestic” in Japanese.

New design

Mitsubishi Outlander PHEV badge 2022
The new Outlander PHEV is expected to travel more than 55 miles in electric-only mode.

The fourth-generation Mitsubishi Outlander adopted a new styling language called “Dynamic Shield.” Up front, it features a more upright nose with a pinched, dual-level grille and stacked headlamps. From the side, the SUV features a more deeply sculpted silhouette with a bit of a floating roof element.

The automaker clearly wanted to give the new Outlander a more solid and robust look, with such touches as 20-inch wheels and tires and what it calls the Hexagon Guard rear end.

The new SUV grew larger in virtually all dimensions, the width expanding by 2 inches. That means the cabin of the new Outlander is both wider and more spacious than the outgoing model, Mitsubishi adopting more upscale materials and features like tri-zone climate controls, real aluminum panels and a 12.3-inch touchscreen infotainment display.

The gas-powered Outlander is powered by a 2.5-liter inline-4 that bumped up power by 8.9 percent. At the same time, it reduced fuel consumption by 2.6 percent.

Pricing TBD

Many of the features from the current model are expected to carry over into the PHEV, though Mitsubishi hasn’t provided specific details. The gas model offers Hill Descent Control and Trailer Stability Assist. A Multiview camera system helps drivers see what’s around the vehicle, whether on-road or off. Other features for the new Mitsubishi Outlander include a power-operated panoramic roof and an electrically operated tailgate that can be opened with a kick of the foot under the rear bumper.

Pricing for the gas model starts at $25,795 — plus $1,195 in delivery fees. Pricing for the PHEV is expected to run higher, though the numbers won’t be released until closer to sales launch. That holds for a variety of other specs, including U.S. range, power and performance.

“Sales will commence in Japan on Dec. 16, followed by Australia and New Zealand in the first half of 2022 and North America in the second half of 2022,” Mitsubishi said in a statement. While it did not offer specifics, that would suggest that the Outlander PHEV will be marketed as a 2023 model in the U.S.