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BMW and its subsidiary, MINI, are betting that credit woes and high as prices won’t push car buyers out of SUVs. They’ll just push them into smaller ones. Much smaller ones.
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The 2008 British Auto Show begins in London on Tuesday, July 22. Edmunds Inside Line says it’s "gearing up for some notable world premieres." These include the V6-powered Lotus Project Eagle, a 2+2 sports car that is the automaker’s first introduction since the Lotus Elise. Motor Trend says Lotus will produce "2000 Project Eagles per year with deliveries beginning in Spring 2009.".
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Despite a global downturn in the automotive market, one of the most important new vehicles appearing at this week’s British Motor Show is an exotic sports car with an asking price higher than that of some Ferrari and Lamborghini products..
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Fresh from challenging the U.S. in the Olympic medal count, China is planning a challenge in another competition Americans once dominated: the car dealership.
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The Geneva Motor Show, which closed last week, featured a record number of small cars, hybrids and other alternative-fuel vehicles as the auto industry put on its most environmentally-friendly face in decades. Don’t expect the same as the New York Auto Show opens this week. AutoWeek reports, "Instead of a long list of world debuts for hybrids and other gasoline-saving technologies, the show will concentrate on redesigns of current models, a few doses of high-horsepower V-8s and, of course, some new names and models never seen by the public.".
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The New York International Auto Show opens for a 10-day run on Friday. Seeking pre-show publicity, automakers have offered an early glimpse of many of the vehicles we’ll see there. "With American car sales falling and some automakers predicting the numbers could be the lowest since at least 1998, the industry is looking toward 2009," according to the New York Times. The emphasis in New York won’t be on concept cars and technologies for the distant future, but instead, models "arriving at showrooms this year.".
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Dodge took the automotive press by storm, and dominated the 2008 Chicago Auto Show, with the debut of its upcoming Challenger muscle car. The Challenger appeared in Chicago in SRT8 trim with a top-of-the line 6.1-liter V8 rated for 425 hp..
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Business Week reports, "Pontiac is unveiling a hardtop coupe version of its eye-catching Solstice roadster at this week’s New York International Auto Show." The Solstice Targa features a 31-pound removable roof panel "which culminates in a rear spoiler.".
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The automotive press has had a week to react to GM’s introduction of the Pontiac G8 Sport Truck, a cross between a sport coupe and a pickup truck that calls to mind the El Caminos of the ‘70s and ‘80s. But that doesn’t mean they know what to make of it.
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MSNBC comments that this weeks New York Auto Show "with its focus on muscle and power, signified nothing less than the end of an era for some who attended its preview days last week." The centerpiece of the show was the 2009 Dodge Challenger, "a reinvention of Dodge’s iconic muscle car meant to appeal to baby boomers with the cash to indulge their nostalgic fantasies." The Challenger will compete against other retro muscle cars in the 2010 Chevrolet Camaro and a refreshed 2009 Ford Mustang. "These historic cars may make auto enthusiasts’ hearts flutter, but they’re entering a dying market for muscle cars," according to John Wolkonowicz, a senior automotive analyst with Global Insight Group. New fuel economy regulations have automakers "struggling to find ways to squeeze more mileage out of their biggest, least fuel-efficient vehicles," and killing off many sporty offerings altogether. "Twelve sport coupes have been killed off in the last six years, including the Honda Prelude, the Toyota Celica and the Acura RSX.".
