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The performance-oriented Jaguar E-Pace compact crossover will slot in one of the market's hottest segments, has a starting price under $40,000, and is loaded with connectivity and safety features, such as head-up display and a semiautonomous off-road driving system that allows the driver to take his or her feet off the pedals while the vehicle drives over slippery terrain. The E-Pace is also fast, with one model reaching 60 mph in under 6 seconds. Finbar McFall, Jaguar Land Rover's global product marketing director, says that the company expects 80 percent of customers to be...
It seems like unlike sedans and coupes, the SUV and Crossover segments won’t slow down anytime soon. The latest survey shows that consumer loyalty for these two types of vehicles reached an all-time high in April. More than two-thirds of SUV and crossover owners who returned to the market in the first four months of 2017 purchased another new SUV or crossover. Consumer loyalty for SUVs and crossovers grew from 53 percent in 2012 to 66 percent in April 2017. Loyalty for all SUV and crossover body styles is now nearly 14 percentage points greater than the industry average -- 53 ...
U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales. The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...
At least 17 deaths and 180 injuries worldwide are now tied to the defect that prompted the largest ever auto safety recall and led Takata to file for bankruptcy protection last month. Honda Motor Co. on Monday confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp. airbag inflator. The Japanese automaker said the incident occurred in Florida in June 2016 when an individual was working on repairs on a 2001 Honda Accord and the airbag ruptured. Takata inflators can explode with excessive force, unleashing metal shrapnel inside cars and trucks.&nb...
Elon Musk showed off the first Tesla Model 3 vehicle on Twitter and Instagram over the weekend, sharing pictures of the shiny new four-door sedan parked in front of Tesla's production plant in Fremont, California. Tesla board member Ira Ehrenpreis was the first person to pony up the full deposit for a Model 3, and had rights to the first production unit. But he gifted it to the company's billionaire founder as a present on his 46th birthday, Musk said. Tesla is aiming to dramatically ramp up output of the eagerly awaited electric vehicle in the coming months. The first 30 c...