Car Dealers Rip Off U.S. Consumers, EVs May Cause Overcapacity – Autoline Daily 3262
The show dedicated to enthusiasts of the global automotive industry, american car buyers are getting ripped off. New data from admins shows that 82 percent of new car buyers in the us in january paid above the sticker price thats a staggering increase from a year ago, when only three percent paid above the manufacturers suggested retail price or the msrp, and it was just 0.3 Percent in january of 2020. edmond says that on average, new car buyers paid 728 above msrp, and that is also a massive jump from a year ago, when consumers paid about twenty one hundred dollars below msrp cadillac is number one in pricing vehicles above sticker. Those buyers paid an average of four thousand dollars more for their new caddy car companies are hopping mad about this gm and ford even had to send letters to its dealers telling them to stop charging over msrp and up until now, we thought about 10 percent of Dealers were overcharging their customers, but this report shows that the vast majority are doing it as weird as it sounds. Headlamps are exhibit number one for u.s government bureaucracy in red tape, starting in 2023. Automakers will be allowed to use headlamps that use adaptive beams, which can help prevent nighttime glare for oncoming motorists. In 2023, toyota petitioned nitza to use these lamps in 2013., so it took 10 years and its not as if this is some kind of new technology that has to undergo all kinds of testing.
Europe has been using these headlamps for years, theyre led lamps and they allow specific diodes in a lamp to switch off. So oncoming drivers dont face any glare and heres. Our auto line insight its inexcusable that it takes a decade to write new headlamp regulations, and this is not a new problem back in the 1970s, when all cars used round headlamps, it took nits of five years to write a new regulation to allow automakers to use Square lamps, five years to go from round to square volkswagen, is going to build a new assembly plant for electric cars on the site of its giant manufacturing complex in wolfsburg, germany or at the very least its going to build it close by, and this highlights one Of the dilemmas that traditional automakers face as they transition from internal combustion, cars to electric ones, they have to build both at the same time, while some other automakers like bmw and mercedes, are building ice cars and evs in the same plant. Theyre. Sacrificing a lot of efficiency assembly plants that are dedicated to making only evs are 25 to 30 percent, more efficient on average, because electric cars need fewer components. That means there are fewer stations on the assembly line, which means the line can be shorter, which means you dont need as many workers, but by building a new plant for evs. That means at some point down the road as sales of ice cars drop off the plant that makes ice cars will probably have to close.
Maybe it could be converted to make evs, but europe already has 2 million units of over capacity. So the most likely scenario is that a good chunk of those ice assembly plants will not be converted to make evs theyll just shut down. We want to know what drives your testing ota connected car diagnostics. Remote testing, intrepid control systems is here to help you work from anywhere intrepid control systems driven by your data. Mercedes is sharing details about the amg versions of the all electric eqe sedan. First, lets start with the technical highlights: theres the eqe43 in eqe53 and both feature two electric motors. The 43 has a combined 350 kilowatts or 476 horsepower and will do zero to 100 kilometers an hour in 4.2 seconds. The 53 has 460 kilowatts or 626 horsepower or as much as 687 horsepower for a short time with an optional amg package and boost function. It will do zero to 100 kilometers an hour in either three and a half seconds or 3.3 with the boost function. But the battery must be at least 70 percent charged to do that. As for the battery, it has a little over 90 kilowatt hours of usable space and features a unique battery management system based on the wltp test cycle. Mercedes expects range between 444 to 533 kilometers or about 276 to 331 miles. The all wheel, drive air suspension and braking systems are also unique to the amg. Eqe well see a few more amg versions of mercedes bevs, but after that there will be standalone.
Amg, electric vehicles that are built on a new platform that was developed in house the race is on in the automotive industry to secure the raw materials needed to make batteries and motors for electric vehicles and australian mining company. Liontown resources says it signed a five year. Deal with tesla to supply it with lithium tesla will receive 100 000 dry metric tons in the first year, starting in 2024, which will increase to 150 000 dry metric tons. After that, the shift to electric cars is causing the price of lithium to soar. Its now. Eight times higher than it was a year ago and heres a better look at maseratis, second suv, the grickale. It only provided that it will make its full debut on march 22nd, but we do know it will slot in below the larger levante and, as you can see, it wears a number of maserati signatures like an ovalish grille with its trident in the middle and three Faux exhaust ports on the side fenders other than that it looks like a pretty typical utility vehicle in europe. The new car assessment program or euro encap released a report that evaluated the crash avoidance systems and performance of commercial vans. It tested 19 commercial vans and for the first time, one achieved its top platinum rating. That was the fiat ducato, which is sold in the us as the ram promaster. And it earned that because its now equipped with automatic emergency braking for both pedestrians and cyclists and the ducato excelled in those tests.
Last year, five vans landed on the euro, end caps, not recommended list, but this year it was only one. The nissan inner star, which was previously named the nv 400 euro ncap, says that overall, these vans are better equipped than they were a year ago and their safety systems perform better, but it is disappointed that most of the safety systems are optional instead of standard mobility. Is becoming electric connected and autonomous, just like the manufacturing world, but will always be one thing: a reliable partner for our customers, Music tech companies keep finding new business in the automotive industry. Nvidia is teaming up with jaguar land rover to supply, not just chips, but an entire technology stack that will go in all of jlrs cars and suvs. Its all part of the auto industrys transition to software defined vehicles, nvidia stack. What it calls hyperion 8 platform will give jlr the capabilities for level 3 autonomous driving, automated parking driver monitoring and better 8 s, and, of course, it offers over the air updates. The first jags and land rovers with the new electronic architecture will hit the road in 2025, which, as youll remember, is when jaguar is supposed to go. All electric intel also has its eyes on growing its automotive business. Its going to buy tower semiconductor for 5.4 billion dollars tower is a leading producer of analog chips, which many automakers still use for safety systems like airbag sensors, abs and stability control.
Those companies will continue to operate independently until the deal is completely done, which should be about a year from now. Anyone that would like to learn more about fords future plans can tune into a fireside chat with ceo, jim farley on february 23rd topics will include optimizing. The transition from internal combustion to battery electric vehicles, software and services and ford pro participants are encouraged to register for the webcast online and well provide a link in the transcript and description box. And you can join us for our own fireside chat on thursday, which will be the polar opposite of what jim farley will be talking about. Well be talking about internal combustion engines. How long can automakers hold on to them? What can they do to cut emissions and boost fuel economy and how will automakers handle the transition thats the topic for auto line after hours tomorrow when well have engine expert, james martin from ihs market, but thats a wrap for today, thanks for joining us and well Be right back here again tomorrow, Music, auto line daily, is brought to you by bridgestone solutions for your journey. Intrepid control systems over the air engineering boost your game and by scheffler.