2001 Mercedes-benz C-class (c320) on 2040-cars

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Luxury car brands scrambling to avoid a blue Christmas

DETROIT — When financial markets surge to new records, sales of luxury cars usually rise, too. Instead, October U.S. auto sales reports on Wednesday showed that a collapse in sales of luxury sedans is accelerating. Consumers have gradually shifted over to luxury sport utility vehicles from sedans in the past decade, but the trend — which has occurred in both the non-luxury and luxury sedan segments of the auto market — was particularly pronounced in October. Sales of Daimler AG's Mercedes-Benz S-Class, long a global benchmark for large, premium sedans, plunged 49 percent in October, and are down 24.8 percent for the year to date. General Motors' Cadillac brand said it sold just 779 of its CTS sedans in October. Demand for that car, designed to compete with German luxury sedans, is down nearly 33 percent for the year. "There's still a significant portion of the market that wants a car, but I'm sure there were people who preferred a horse to a car at one point." Cadillac's best-selling model this year is the XT5 compact SUV, which has more than doubled sales from a year ago. The shift within the luxury vehicle market away from sedans toward SUVs of all sizes is forcing some of the most prestigious brands to scramble to add SUV models to their lineups or boost SUV production to meet demand. "In the short term, there will be pressure to add (consumer) incentives, cut production or both," said Cox Automotive analyst Michelle Krebs. "And we just don't see an end in sight to this trend." The Dow Jones Industrial Average has been trading at all-time highs, usually a good sign for luxury sedans, but as major automakers reported new U.S. vehicle sales for October on Wednesday, sales for passenger cars continued their slide while luxury SUV and crossover sales rose again. According to Kelley Blue Book data, in 2007 luxury sedans made up 7.6 percent of U.S. new vehicle sales, while luxury SUVs made up 4.2 percent. Through September this year, luxury SUVs made up just over 7 percent of the market, compared with 4.9 percent for luxury sedans. In the short term, luxury brands could use holiday season sales promotions to clear slow-selling sedans off dealer lots, analysts said. Toyota's Lexus brand said on Wednesday it will launch its "December to Remember" year-end sales promotion for the 18th straight year.

2017 Mercedes-AMG C63 S Coupe First Drive

Remember 2008? The government said companies could make food from cloned animals. Derrick Rose became a Bull, Michael Phelps killed it at the Beijing Olympics, the Giants killed gamblers everywhere by beating the Patriots in the Super Bowl. The money that banks had been dousing in lighter fluid for years finally caught fire courtesy of Lehman Brothers. General Motors admitted it got torched for a $38.7-billion loss in 2007. Oil hit $147 a barrel. Tata introduced the Nano. And Mercedes-Benz gave us the W204 C63 AMG, a sedan we didn't know we'd been waiting for until we drove it. It was hammer in front and hell in back, that naturally aspirated 6.2-liter V8 with 451 horsepower and 443 pound-feet of torque swearing in Beelzebub's childhood tongue through four oval pipes jutting from a heart of black diffuser darkness. It was everything AMG had always been, howling mad in a straight line. And everything AMG hadn't been, sharp and fast through a turn. AMG booked a lot of goodwill for that endeavor, a substantial success that bred huge expectations. Not only would we not be surprised by the 2017 AMG C63 S, we would expect it to be outstanding. And it is. But not in the way we expected. What we love about the W205 C-Class sedan is the same thing that gives us pause about the AMG C63 S: they both grew up. The coupe shares only the doors, roof, and decklid with the sedan. The C63 Coupe shares only the doors, roof, and decklid with the standard production car. The hood is 60 millimeters longer, and there's a front splitter ready to make nasty crunching noises around town. The trunk gets a trim blade of a spoiler, strengthening the design connection to the S-Class Coupe. Blistered wheels broaden the C63 S Coupe by 2.5 inches in front and 2.6 inches millimeters in back, putting needed muscle on that otherwise svelte rear end and visually bolting the car to the road. Track is wider, too, and standard 19-inchers fill the wheel wells. It's a beautiful machine, and when draped in one of the 80 bazillion shades of matte silver AMG is known for, it's devastating. Our subjective take is that it's swapped personas with the BMW M4. Now it's the C63 S that channels muscular grace, while the M4 takes Bluto as its spirit animal. What's left to be said about Mercedes interiors, other than to give way for the heckling about the COMAND touchscreen placement? This interior does it like all the rest, with the exception of a small steering wheel with an absurdly fat rim.

Recharge Wrap-up: new Gigafactory drone video, Mercedes valet

A new, Tesla-approved drone video shows the progress of the Gigafactory. Recently, a video surfaced showing what Elon Musk said was just the "pilot plant," which is only a quarter of the size of the final planned Gigafactory. This new video not only shows the structure, but also the site surrounding it. We see more steel beams waiting to be erected, suggesting that the footprint of the finished building will be even more massive than that of the current standing structure. And if what Musk says is accurate, we've got a lot more to look forward to. Have a look in the video above, and read more at Teslarati. Tesla is paying hackers to find bugs in its website and products. In a posting on Bugcrowd, the electric automaker calls on "security researchers" to find vulnerabilities in the site itself, any domains owned by Tesla, any Tesla apps as well as Tesla hardware owned by the hacker like a Model S or the Powerwall. In exchange for the hackers' service, Tesla is offering rewards ranging from $25 to $1,000 for reported vulnerabilities. Tesla also promises not to sic the law enforcement on hackers who step forward to help, as long as they follow the rules. Read more at Teslarati. Daimler and Bosch are working on automated parking for Mercedes-Benz. In a properly equipped parking garage, the car would find an empty space and park by itself, and return to the driver when called upon. The groups are starting a pilot project for the autonomous valet feature with carsharing service Car2go, where it works the other way around. Customers will be able to call a car to a pick-up zone using a mobile app. When finished, the customer leaves the car in the drop-off zone, and the car takes care of the rest on its own. "Fully automated parking will be ready for mass-production before fully automated driving," says Bosch's Dr. Dirk Hoheisel. "Low driving speeds and the information from the car park infrastructure enable a fast implementation." Read more in the press release from Daimler. Volta has raised $7.5 million in funding to expand its free EV charging network. To offer free charging, Volta's chargers essentially perform double duty as billboards for what Volta calls "companies with a vested interest in the community." "Early Internet pioneers like Google became industry titans by first offering free consumer services online paid for by companies that advertised on their platforms," says Volta CEO Scott Mercer.