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How new car shortages may impact your buying experience
Wed, 04 Sep 2013If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
With sales expected to hit 1.4 million units when August numbers arrive shortly and incentive spending down to its lowest amount since January, these limited supplies are pushing prices even higher. For example, according to the WSJ, the average price of a Ford Fusion is up past $26,000. Unfortunately, it's difficult for manufacturers to increase production quickly. If it invests in its facilities, as many manufacturers have done, it risks wasting cash if growth suddenly slows. At the same time, the momentum gained over the past several years could be short lived if vehicle supplies continue to dwindle. "Manufacturers are in a precarious situation," notes Karl Brauer, a senior director at Kelley Blue Book.
Low interest rates and a wealth of desirable features are also allowing customers to purchase more expensive vehicles while justifying their higher overall price tags, a situation that is compounding supply shortages. Even now, during the annual end-of-summer clearance season, deals on new vehicles are remarkably difficult to come by. According to the report, the Toyota Corolla is in a self-inflicted state of shortage, as Toyota clears out inventory in anticipation of the new 2014 generation arriving in dealers. Ford's supplies should rebound as Fusion production comes on line at its Flat Rock, Michigan factory. The Chevrolet Impala, Honda Odyssey, Civic, and Accord and Subaru Forester are also facing shortages.
Subaru allegedly developing mid-engine hybrid sports coupe
Thu, Mar 10 2016A mid-engine, hybrid sports coupe could give Subaru a high-performance halo model in the coming years. According to Car and Driver, "a source close to Subaru" let slip the company has been testing the prototype powertrain underneath a BRZ at its proving grounds in Japan. "Whether the end result will be a two-door sports coupe or some kind of sports crossover/CUV is still in the evaluation stage," the anonymous source told Car and Driver. "A coupe seems more likely, though." The vehicle's layout allegedly uses a mid-mounted 1.6-liter turbocharged boxer engine with hybrid assist to spin the rear wheels, and two electric motors at the front would power that end. The resulting all-wheel drive powertrain would have about 330 horsepower or more, Car and Driver claims. If a production version happens, it would use the upcoming Subaru Global Platform. Rumors about Subaru's increased development of hybrids offer some support for this alleged sports coupe. The company reportedly might use electrification to boost the next-gen STI. In 2014, a story also suggested the automaker could revive the SVX as a performance-oriented hybrid shooting brake. More recently, even its Viziv GT Vision Gran Turismo concept combined a turbocharged boxer with three electric motors. While a Subaru sports coupe piques our interest, we are taking the prospect with a grain of salt for now. The Japanese brand has a tendency of teasing performance models but not actually delivering on them – like the STI Performance Concept (above) or the aggressive styling of the last WRX Concept. There could also be a long wait before we see what the company is developing. According to Car and Driver, a concept is at least two years away. Then it would take even more time for execs to okay production. Related Video:
Subaru previews Levorg concept ahead of Tokyo reveal
Wed, 30 Oct 2013When I was a kid I went with my family to a Subaru dealership. My brother, being clever as he is, pointed out that Subaru backwards spelled "you're a bus." The portly salesman was not amused, and we bought a Passat instead. Fast forward a couple of decades and we can't help but wonder if Subaru wasn't thinking the same thing when it named its new concept Levorg, which spells "grovel" backwards. The company itself says the name is a combination of the words "Legacy," "Revolution" and "Touring," but one way or another, that's what they're calling it, and here are the first preview images and details on the concept which Fuji Heavy will unveil at the Tokyo Motor Show this year.
Designed to combine the feel of a sports car with the practicality of a touring car, the Levorg looks set to preview the next step in a long line of performance-oriented Subaru wagons. It packs a 1.6-liter turbocharged boxer four and next-generation EyeSight technologies in what looks to be a svelte yet muscular form that could point the way forward for the next Legacy.
The Levorg, however, is not the only concept which Subaru will reveal in Tokyo this year. The Japanese automaker has also revealed plans to unveil the Cross Sport Design Concept (which could preview the replacement for the discontinued Tribeca), the Crossover 7 Concept (which looks like a taller version of the Legacy wagon with an apparent third row of seats), and an Evolution version of the Viziv concept presented in Geneva earlier this year. Scope them out in the gallery above and press release below.