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Weekly Recap: Mercedes continues the pseudo-coupe craze with AMG-tuned CUV
Sat, Dec 13 2014But as BMW's X6 has demonstrated, sport sells in in the crossover segment, and Mercedes is giving the people what they want. BMW proved there is a market for crossover utility vehicles designed to look like coupes – as much as a vehicle with four doors and noticeable ground clearance can look like a coupe, anyway. Now comes the reply from Mercedes-Benz: the GLE Coupe. The rakish crossover is a harbinger of things to come from Mercedes, as it begins the company's transition to a new nomenclature and marks the debut of the AMG Sport line. It also continues the recent coupe craze. Designers from many automakers, like Nissan and Volkswagen, have increasingly turned to swoopy, dramatic styling to make utility vehicles and sedans seem more desirable. By revealing the GLE 450 AMG Sport model first, Mercedes is clearly hoping to cast the GLE Coupe as a sportier, lifestyle-oriented alternative in its lineup of beefy crossovers and SUVs. Mercedes used the word "sport," or a variation of it, 53 times in its press release, so uh yeah, it's sporty. It's not an empty promise: Benz means business with the AMG Sport line. This GLE Coupe gets a 3.0-liter biturbo V6 rated at 362 horsepower and 384 pound-feet of torque paired with Mercedes' new nine-speed automatic transmission, and it runs with 4Matic all-wheel drive. Specs on the other GLE Coupe models were not disclosed. But as BMW's X6 has demonstrated, sport sells in in the crossover segment, and Mercedes is giving the people what they want. After all, more than 260,000 people have bought X6s since 2008, and Mercedes wants a piece of that. From certain angles, the GLE Coupe even looks vaguely like an X6. "This is really a vehicle that is all about status," said Dave Sullivan, product analysis manager for research firm AutoPacific. "You can buy a SUV that doesn't have the inherent qualities of a SUV, such as cargo hauling. People will likely be drawn to the looks. Coupes are all the rage." BMW, however, isn't running from the fight, and the updated 2015 X6 is arriving in showrooms this month. It also added a smaller sibling, the X4, to its coupe-crossover stable in July. The GLE Coupe arrives next year, though Mercedes hasn't specified exactly when it will hit showrooms from the factory in Alabama, or specified details on the rest of the non-AMG Sport models. In 2008, it was surprising the X6 was a hit. In 2015, it will be even more surprising if the GLE Coupe isn't.
BMW showing all eight of its 'hommage' vehicles at Villa d'Este
Fri, May 20 2016BMW is paying a tribute of sorts to its tribute vehicles by bringing together all eight "hommage" concept vehicles for the first time. BMW will exhibit its hommage cars and bikes at the Concorso d'Eleganza Villa d'Este, which takes place near Italy's Lake Como this weekend. The vehicles will be shown off in the Padiglione Centrale at Villa Erba as part of BMW's "The Next 100 Years" campaign. BMW's first tribute vehicle was 1997's MINI ACV (Anniversary Concept Vehicle) 30, a two-seat, mid-engined, right-hand-drive car that the automaker produced to pay tribute to the UK brand's past while hinting at what BMW would subsequently do with the iconic badge. The automaker followed with its BMW Concept Coupe Mille Miglia in 2006, and then officially started grouping the concept cars in 2008 under the hommage designation with the introduction of the BMW M1 Hommage. That car marked the 30th anniversary of the original BMW M1. View 17 Photos Since then, there have been the BMW 328 Hommage (2011), the BMW Concept Ninety motorcycle (2013), and the BMW 3.0 CSL Hommage (2015). In addition to paying tribute to the iconic 1970s-era coupe, last year's concept car showed off advances the company has made in its light-weighting efforts. This year, BMW is adding the BMW 2002 and BMW Motorrad R 5 Hommage to the party. The Concorso d'Eleganza Villa d'Este also features about 50 historic cars built between the 1920s and 1980s. For more information from BMW, take a look at the press release below. Tradition as inspiration. The BMW Group's Hommage vehicles come together for the first time at the Concorso d'Eleganza Villa d'Este 2016. Munich/Cernobbio. With BMW's centenary headline "The Next 100 Years" in mind, the BMW Group is bringing together, for the first time, the full line-up of Hommage vehicles unveiled over recent years. They will be joined on display at a special exhibition titled "Hommage and Concept Vehicles" in the Padiglione Centrale at Villa Erba by the models from the past that inspired them. Munich/Cernobbio. With BMW's centenary headline "The Next 100 Years" in mind, the BMW Group is bringing together, for the first time, the full line-up of Hommage vehicles unveiled over recent years. They will be joined on display at a special exhibition titled "Hommage and Concept Vehicles" in the Padiglione Centrale at Villa Erba by the models from the past that inspired them.
These are the cars with the best and worst depreciation after 5 years
Thu, Nov 19 2020The average new vehicle sold in America loses nearly half of its initial value after five years of ownership. No surprise there; we all expect that shiny new car to start depreciating as soon as we drive it off the lot. But some vehicles lose value a lot faster than others. According to data provided by iSeeCars.com, trucks and truck-based sport utility vehicles generally hold their value better than other vehicle types, with the Jeep Wrangler — in both four-door Unlimited and standard two-door styles — and Toyota Tacoma sitting at the head of the pack. The Jeep Wrangler Unlimited's average five-year depreciation of 30.9% equals a loss in value of $12,168. That makes Jeep's four-door off-roader the best overall pick for buyers looking to minimize depreciation. The Toyota Tacoma's 32.4% loss in initial value means it loses just $10,496. The smaller dollar amount — the least amount of money lost after five years — indicates that Tacoma buyers pay less than Wrangler Unlimited buyers, on average, when they initially buy the vehicle. The standard two-door Jeep Wrangler is third on the list, depreciating 32.8% after five years and losing $10,824. Click here for a full list of the top 10 vehicles with the least depreciation over five years. On the other side of the depreciation coin, luxury sedans tend to plummet in value at a much faster rate than other vehicle types. The BMW 7 Series leads the losers with a 72.6% drop in value after five years, which equals an alarming $73,686. BMW's slightly smaller 5 Series is next, depreciating 70.1%, or $47,038, over the same period. Number three on the biggest losers list is the Nissan Leaf, the only electric vehicle to appear in the bottom 10. The electric hatchback matches the 5 Series with a 70.1% drop in value, but since it's a much cheaper vehicle, that percentage equals a much smaller $23,470 loss. Click here for a full list of the top 10 vehicles with the most depreciation over five years.
