Saturday 30 June 2018

JAGUAR RAMPS UP THE I PACE STAY !!! – AUTOMOTIVE NEWS TV / CAR NEWS CHANEL


it’s Thursday its first shift I’m Jennifer Fong Jaguar ramps up the ipacestay tuned for that story just after these headlines weeks or months aJustice Department lawyer says it could take that long for regulators to decidewhether to approve a software fix for Fiat Chrysler’s diesel vehicles theremarks coming at a federal court hearing Wednesday in San Francisco inMay the department sued FCA accusing the company of illegally using software tobypass and mission controls in 104,000 diesel vehicles sold since 2014 as CAlawyer Robert gif FRA says the automaker is optimistic regulators will approveFCA’s proposed software update meantime consumer rights activists sayVolkswagen Group’s offer to provide an extended guaranteebut no compensation for European customers with rigged diesel cars isinadequate on Wednesday European Union regulators said they had reached anagreement with VW to provide two years of repairs that are tantamount to aquote extra guarantee under the plan VW will promise to resolve issues thatmight arise up to 24 months after diesel cars have been fixed but still won’tmake financial payouts a VW senior executive in Japan has been arrested onsuspicion of using an illegal stimulant VW says Thomas C Bert a 53 year oldGerman was arrested on Wednesday the company did not elaborate on the druginvolved but Flores reports Siebert admitted using cocaine VW saying in astatement we deeply regret the fact an employee of our company has beenarrested due to his personal affairs the automaker says it’s cooperating with theinvestigation according to his LinkedIn profile Siebert is director of aftersales at Volkswagen Group Japan back in 2015 a high-ranking toyota executiveJulie HAMP was arrested Japan on suspicion of illegallyimporting the controlled painkiller oxycodone now back to SCA the automakeris recalling 297,000 older minivans in North America wiring may short-circuitcausing the driver side airbag to deploy without warning the recall involves 2011and 2012 Dodge Grand Caravan the defect is linked to 13 minor injuries andToyota is using artificial intelligence to push the environmentally friendlyPrius Prime on the Weather Channel app and weather calm Toyota becoming thefirst automaker to deploy Watson adds it’s a cognitive ad format that combinesmachine learning natural language understanding and dialogue tools toengage consumers in one-to-one discussions with Watson ads you couldhave an intelligent two-way conversation with your favorite brands right in anADD Toyota wash the ads today ahead of November’s Los Angeles Auto Show Jaguarrevealed the IPAs crossover conceptthe company is building the electric vehicle with contract manufacturer MagnaSteyr in a chat with our Richard Truitt Magnus tires Carl Friedrich Strakasays Magna engineers have been involved in the IPAs project almost from thestart while Jaguar Land Rover engineers created the vehicle Magna engineersfigured out the best way to build it but one challenge assembling the vehiclesaluminium body requires using several new joining methods including welding ofaluminium getting the vehicle right is crucial for Jaguar one reason theeyepiece puts Jaguar in direct competition with Tesla’s Model X alsothe IPAs will help the company meet its European Union commitment to cut carbondioxide emissions Straka says the first eyepieces are now being built thevehicle will launch this year in Europe and arrive next year in the US speakingof Tesla billionaire investor Ron Barron thinks the electric car makers sharescould reach $600 next year and they could rocket to $1,000 in 2020 Baron whois a major Tesla shareholder making the prediction this week on CNBC’s SquawkBox remember to stay with Auto news. com foryour industry update around the clock we’ll see you back here Friday morning



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AutoMotive News | Fire Risk اخبار السيارات | اخطاء مصنعية


[Engine Sound]Here are a list of car news for todayLets start with the firstLexus NX recalled for brake issuesSecondGM and Fiat Chryslercut jobs in US and CanadaAnd laying off most of its employeesas consumers turn to SUVs, and pickups carsThirdHonda signs a partnershipwith Google’s Waymo for self-driving carForthAppearance of pictures for some media sourcesfor the new BMW X7FifthRecalls for group ofNissan Maxima carsfor some issues in United Arab EmiratesFinally, SixthAppearance of spy picturesfor the new Mercedes-Benz G-Class



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DRIVING ACCEPTANCE OF DRIVERLESS CARS – Automotive News TV / CAR NEWS CHANEL


welcome to Friday mornings newscast just aheaddriving acceptance of driverless cars but we’ll begin with your morning atLyons California in other states would be barred from setting their own rulesgoverning the design and testing of self-driving cars and federal regulatorswould be blocked from demanding pre-market approval for autonomousvehicle technology these are some of the provisions of a House Republicanproposal reviewed by Reuters on Thursday the draft legislation while far frombecoming law still represents a victory for automakers and companies such asGoogle’s way Moe they are trying to persuade Congress and the Trumpadministration to preempt rules under consideration in California New York andother states that could limit deployment of self-driving vehicles the 45 pagedraft package of 14 Bills would designate the National Highway TrafficSafety Administration as the lead agency for regulating self-driving cars Fordhas increased the power and cut the weight of two of its largest name platesthe f-150 pickup and expedition SUV as thanks in part to more efficienttransmissions and lighter aluminum bodies for a rundown of all the changessee Mike Martinez’s story here at Auto news. comvolkswagen is replacing the head of its assembly plant in Chattanooga Tennesseethe automaker announcing that Christian cook who has run the plant since 2014will return to Germany to pursue an unspecified new assignment with thecompany VW naming Antonio Pinto as the new executive VP of Chattanoogaoperations effective August 1st he’s been serving as vice president ofproduction and logistics at Volkswagen of Mexico during cooks tenure the plantunderwent a 900 million dollar expansion to make the seventh seat Atlas crossoverthe plant has also been embroiled in a unionization battle the National LaborRelations Board recently filing in unfair labor practices complaint againstVW AG for allegedly hiking health insurance premiums and changing workinghours for a group of skilled workers who voted for union representation in 2015Japanese airbag supplier Takata is said to be preparing to file forbankruptcy as early as next week this as it works toward a deal for financialbacking from US auto parts maker key safety systems Takata faces billions ofdollars in liabilities stemming from its defective airbag inflaters and after adip in april european new car sales rose seven point seven percent in May nearlyall automakers recording increasesconsumers are more likely to embrace the idea of self-driving vehicles if theyowned cars with driver assist features such as adaptive cruise control that’saccording to preliminary results from a survey by the Alliance of AutomobileManufacturers change is coming rapidly Alliance president Mitch bein wall citedthe findings in prepared testimony this week during the Senate Commercecommittee’s hearing on the testing and deployment of driverless carshe says people who have experienced the technologies safety advantages firsthand have much more favorable attitudes toward robot vehicles than those whohave no such experience and consumer acceptance is vital as more than twodozen tech and auto companies are testing self-driving rides or thesoftware to control them but it remains a big hurdle US Transportation SecretaryElaine Chao recently said at a conference in Detroit that publicconcerns about safety security and privacy will be deterrent to advancingthe technology the autonomous bull TVs you see here today meantime GeneralMotors CEO Mary Barra says she understands the initial worries ofgiving up the wheel to a computer she spoke with reporters during an eventthis week at the Detroit area plant that builds the autonomous Chevrolet boltelectric car I think the best way is to actually get in the vehicle because youcan talk about if and until you experience it and that’s why we thinkputting in ride-sharing fleets is going to be so very very important to get thatexperience I know I went through it by self as you know having permitted fora few decades of going through that but once you’re in the vehicle and you seethe technology understand how it works some of the companies giving access tothe public to its driverless rights include wham-o and Volvo and back tobein wall he told members of the US Senate Commerce Committee that federalleadership and clear rules are vital to the widespread adoption of self-drivingcars we’ll wrap up with a birthday footnotefiat-chrysler boss Sergio Marchionne turns 65 tomorrow thanks for joining uson this edition of first shift enjoy your weekend and we’ll see you back hereon Monday



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General Motors Plans To Invest Heavily –AUTOMOTIVE NEWS / CAR NEWS CHANEL


a nearby supply of parts it’s nice to see you on this Wednesday as we told youTuesday General Motors plans to invest heavilyin its US manufacturing operations and create and retain thousands of jobs inthis country turns out the automaker says it has beenmaking it easier for its supplier base to do the samethat’s because GM is continuing to create supplier parks near its usfactories including the automakers fairfax assembly plant in Kansas andSpring Hill assembly plant in Tennessee now GM is not alone for example in 2015Nissan announced plans to add more than 1,000 new supplier jobs and it’sTennessee operations it’s all part of a 160 million dollar supplier park projectautomakers say locating parts maker parks near assembly plans has severalbenefits including reduced transportation costs meanwhile GMyesterday confirming that another supplier has committed to makecomponents for the automakers next gen full-size pickup trucks in Michigan as aresult 100 supplier jobs will move to the u. s. from Mexico now GM and otherautomakers have been sharply criticized by president-elect Donald Trump forbuilding vehicles in Mexico that are imported into the United Statesa few hours after GM’s announcement Trump tweeted quote thank you to GeneralMotors in Walmart for starting the big jobs push back into the US Trumpreferring as well to Walmart’s plan to hire 10,000 US workers in 2017 aspreviously announced by the retailer GM agreeing to pay 1 million dollars toresolve a US Securities and Exchange Commission accounting case related to afaulty ignition switch linked to 124 deaths the SEC saying today the dealwill resolve charges that internal accounting control failures kept GM fromproperly assessing the potential financial impact of the defectiveignition switch specifically the SEC says GM’s internal investigationinvolving the switch was not brought to the attention of its accountants untilNovember 2013 even though other GM personnel knew in the spring of 2012that a safety issue was at hand GM saying in a statement that itconsented to an administrative SCC order without admitting or denying anywrongdoing for some cities one way to ease the flow of vehicles during rushhour reversible highway lanes similar to the ones illustrated in this animationfrom the Georgia Department of Transportation but here’s a question foryou as we move closer to the era of self-driving cars will robot driversknow what to do and say Alain goes west during the morning commute but east inthe evening well Amazon may have an answer yesterday the company won a USpatent for a roadway management system for autonomous vehicles as described inthe patent the system can help a car determine the direction of travel so itknows which lane to enter now a sneak peek at future product we got our handson spy photos of the upcoming Jaguar IPE the crossover is expected to make itsdebut next year the e pace appears smaller than the F pace and is poweredby a four-cylinder engine and will say with product many is giving its JohnCooper Works performance treatment to the second generation MINI Countrymanthe John Cooper Works countryman produces 228 horsepower and 258pound-feet of torque the performance variant reaches us dealerships in Aprila plug-in hybrid countryman is expected to go on sale in June let’s talk oil TIHS market handing out its annual automotive loyalty awards at last week’sAutomotive News World Congress the information provider honoring automakersfor customer retention and conquest efforts during the 2016 model year IHSmarket found that with seventeen point five million new vehicle registrationsduring the 2016 model year 52 point eight percent of customers were turnedto market to purchase another vehicle from the same make they already own thatrepresented a record loyalty rate and an increase of one point three percentagepoints from the previous year here’s IHS market sales and marketing VP steve hasstarts off with a great product and so I think when you look at the winners thatwe have they all have great product so if you don’t have that it’s really hardbut great product alone just doesn’t do it anymore you have to have a greatexperience though that experience tends to revolve around the dealership andwhat you’re doing there from a sales perspective helping out the customercome in GM took home the top prize overall loyalty to manufacturer for thesecond consecutive year and that is our time for today thanks so much forwatching we’ll see you back here on Thursday



source https://cardetailingphoenix.com/index.php/2018/06/30/general-motors-plans-to-invest-heavily-automotive-news-car-news-chanel/

WHY NEW COROLLA PLANT COULD HELP RAV4 ?? – Automotive News TV / CAR NEWS CHANEL


two huge sellers with an important connection hi everyone it’s good to seeyou I’m Tom Mora back when the joint Toyota Mazda assembly plant opens itsdoors near Huntsville Alabama in 2021 the factory will have capacity to build150,000 mazda crossovers and 150,000 Toyota Corollas that’s right a compactcar in what will likely continue to be a light truck hungry market so why wouldToyota help fun the 1. 6 billion dollar plan to make a car it’s a product thatwe need very much here in North America that’s Toyota North America’s CEO Jimlens Toyota so nearly 300 30,000 Corollas in the US last year second onlyto the Honda Civic in the compact car segment overall the Corolla was thethird best-selling car behind the Civic and first place Toyota Camry midsize carLen says building Corollas in the south will help Toyota about 800 miles to thenorth we’re moving Corollas out of Canada to be able to build more RAVfours indeed Toyota will start producing rav4 compact Cu V’s at the company’sCambridge North assembly plant in Ontario in 2019the rav4 is also built at Toyota’s nearby Woodstock factory in dealers mayneed every single rav4 they can get it was the fourth best selling vehicle inthe US last year trailing only the Ford f-series Chevy Silverado and Ram pickupthe back to the Corolla it is Toyota’s biggest volume product globally meantimeToyota’s plant in Mississippi will continue to make Corollas the factorythere can build roughly 170 thousand vehicles annually for today reporting asecond death in an older pickup truck caused by a defective Takata airbaginflator the automaker confirming in December that a July 2017 crash death ina 2006 Ford Ranger was caused by a faulty Takata inflator ford reported asimilar death in January 2016 the company is urging 2,900 owners ofcertain oh six Rangers in North America to stop driving the trucks until repairscan be made at least 21 deaths worldwide are linked to the Takata inflators thatcan rupture and send deadly metal fragments into the body more productnews Kia is planning a sporty stinger like overhaul of the third-generationforte compact sedan Kia providing a sneak peak of theredesigned 40 sedan ahead of Monday’s planned introduction at the Detroit AutoShow we know auto sales in the US are losing steam but hey enough about uswhat about the world well researchers at IHS market say global light vehiclesales will grow this year but more slowly than they grew in 2017 IHSestimates 2017 global sales at a record ninety four point five million of 2. 4%from 2016looking at it another way every day just shy of 259,000 cars and trucks are soldsomewhere on the planet IHS expects sales for this year toincrease 1. 5% to ninety five point nine million turning to technology news let’sstart with what happens when a self-driving vehicle meets up with apoorly driven vehicle this modified self-driving Ford Fusion needed to betowed away when it was hit by an ordinary box man whose driver ran a redlight in Pittsburgh on Wednesday this according to published reports now fourpeople were injured in the accident the fusion is a test vehicle operated byargo AI an autonomous vehicle start-up backed by Ford Porsche says it’sdeveloping a platform for electric sports cars and supercars that could beused by sister brands Lamborghini and outing the new architecture is calledSPE its parent company Volkswagen Group’s third purpose-built platform forfull V’s last September VW said it plans to roll out more than80 new electrified models by 2025 meanwhile the Volkswagen brand iscreating an e mobility division as it looks to topple Tesla as the leader inmass-market electric cars it plans to produce five core EB models the firstgoing on sale in Europe in 2020 the new unit will be headed by Thomas Albrechtmoving into that role from his position as VW’s production chiefand finally they had a devilishly good time in northern Michigan last night andall the fun will warm some hearts too as we’ve reported bill Marsh Chrysler DodgeJeep Ram in Traverse City decided to auction off its lone Dodge ChallengerSRT demon for charity and customer Ted parrot was the highest bidder offeringfourteen thousand seven hundred dollars to gain the right to buy the demon for abuck under sticker the nearly $15,000 bid will be split among four nonprofitorganizations and that is our time for today thanks so much for watching we’llsee you tomorrowyou



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Friday 29 June 2018

Erin Kerrigan at Automotive News Canada Congress – Full Speech


when it comes to setting the tone for the retail environment in North Americawe could not think of a better way to start our Congress than hearing from thewisdom of Erin Kerrigan. Erin is not only the managing director of Kerriganadvisors which he founded four years ago she’s also at the heart of the leadingsell-side advisory companies – auto dealers in North America in just thelast few years her firm has sold more than 60dealerships representing 1 billion dollars in client sales proceeds hercompany also raises capital for clients seeking a financial partner so she’ll betaking cards later if you’re interested in that – a regular commentator on theindustry Erin is well aware of trends in valuations real estate and privateequity you’re you know her name by reading The Wall Street JournalBloomberg and of course Automotive News please join me in welcomingErin Kerriganwell thank you very much Jason and thank you automotive news for inviting me tospeak today at this amazing conference as some of you may or may not know I’mactually half Canadian my dad was born in Vancouver and my grandparents arefrom Vancouver and given the current US presidential administration I sometimeswish they had never left Vancouver but needless to say I am here and excited totalk about the buy/sell market and actually have been also activelywatching the Olympics and join the Olympics and see some similaritiesbetween the highs and lows excitement and certainly stress of the Olympics andthe buy/sell market so you’ll see I’m employing a little bit of that themethroughout the presentation today before I get started just to give you somecontext of where this information comes from and what we do at Kerrigan advisorsis Jason mentioned we are the leading sell side advisors to dealers in theUnited States and we have done some work in Canada and we’re looking to do morework in Canada we sold a large Mercedes store out of Edmonton and we’re actuallycurrently working on two transactions in the US where the buyers are Canadian sowe do believe there are going to be a lot more cross-border transactionsbetween our countries and actually the blue sky report which some of you may befamiliar with that we produce quarterly and it is often covered thank you verymuch by automotive news um actually goes to 7,000 people all over the world 35countries now receive the blue sky report and we think that actually thisis very much a theme that not only will we see more Canadian US cross-bordertransactions of Canadian dealers buying dealerships in the US and and vice-versabut also beyond North America coming in and buying dealerships in the US so thisis very much a world is flat view point and we at Kerry advisors believe that’ssomething we’re going to continue to see as the industry consolidates further sowith that backdrop let’s talk about this buy sell market in Canada and of courseI’ll talk a little bit about the US as well it should be of nosurprise to anyone that the biggest driver of today’s buy sell market is ofcourse valuation after all these are car dealers we are dealing with they lovenegotiating and price really matters to them and prices are very very high rightnow one of the best indications of price in our view is to look at our publiccompanies in our space after all these companies are marked to market everybusiness day we know exactly how much they are trading with at and how muchthey are worth and when you think about it they are while they are a represent asmaller portion of the dealerships meaning they don’t they don’t have ahuge percentage of the dealerships in either Canada or the u. s. they are thelargest companies in many cases in our industry so their valuations arecertainly a good barometer to the current and future health andperformance of on a retail now in the case of the US we look at surprisesurprise the kerrigan index when we are looking at where these companies aretracking and the kerrigan index as you can see on this slide is composed of theseven publicly traded US auto retailers it’s it’s structured like the S&P 500 soit’s market cap weighted and you can see that this index is up an incredible 784percent since 2009 and it’s outpaced the S&P 500 which is that little gray lineon the graph by over 500 percent with this kind of appreciation it should beof no surprise to anyone that we have a very active M&A market in the u. s. because frankly private dealers have also seen their valuations skyrocketduring the same period and in Canada we see a very similar picture Auto Canadayour only public retailer has seen its stock price increase about 700 percentsince 2010 even with the crazy gyrations of 2014 2015 period you’re still upOh almost 700 percent and in fact auto candidateat the highest valuation multiple of all of the North American public’s now thismight be a surprise to some of you but for us and Kerrigan advisors who spend alot of time on buy sells both here and in Canada it does not surprise usbecause the fact of the matter is Canadian dealerships today trade at apremium over US dealerships in many cases one to two times higher in termsof turn on the blue sky multiple I’m going to talk about why we see this tobe the case but interestingly enough that’s part of the reason that we do seemore Canadian dealers coming to us and saying look we’re interested ininvesting in the US now for a buy-sell market to be active as the one we havetoday you certainly have to have willing buyers and sellers and we think it’simportant to understand the perspectives of each of these parties so I’m going tostart off by talking about the sellers one thing’s for sure is there are fewersellers in today’s market in Canada than there are buyers what does that mean ofcourse economics 101 teaches us smaller supply higher demand that is very muchone of the reasons you see the prices at the level that they are today but forthose sellers that are coming to market what why are they coming to market inour view they are looking to capitalize on today’s high values and part of thereason they are doing this is because they do see some risk to the futureprofitability one concern is that we may be at peak car sales plateau or not ifwe’re at peak car sales that is something that did some of these dealersworry a bit about because they could see earnings come under pressure after allearnings in Canada in Auto retail have been an on an unbelievable tear since2010 they’ve grown 93 percent the industry’s earnings and since 2003you’ve had a compound annual growth rate of almost 12% is anindustry so that’s like technology earnings growth that’s pretty unusualit’s not surprising then that some of these dealers are saying how much longercan this continue and interestingly enough usually the first sign that youmight be at a peak is when your margins start to come down a bit in the u. s. when we plateaued our sales plateaued certainly at a very high level but ofcourse then competition heats up and when competition heats up margins startto come down in the first leading indicator to us in the US was that ourmargins came down and then in 2017 the industry’s earnings came down not a tonbut a little bit and that is what we’re seeing we think here in Canada so for adealer that doesn’t have a viable secession plan or one that is maybe atnear or none of the dealers here included but well beyond retirement agethose dealers are looking at this and saying you know if I’m gonna exit I wantto exit on top of course I want to get my highest value and I’m not really upfor weathering another economic cycle so I think I’m going to take this money andrun another factor that we are seeing in the buy sell market is that we areseeing see some sellers in some regards thanks to automotive news fabulouscoverage of all the disruption that could come to our industry a bitconcerned about this disruption they’re worried about the fact that maybetransportation as a service could get down to 16 cents per mile which in thatcase consumers are economically rational people that will change the dealershipbusiness model and if they look to pass down this business to their nextgeneration they’re a little nervous about passing down something that couldbe in a real state of flux and in Canada that is even more true to some degreebecause Canadian consumers are more open to alternative drive trains than theUnited States as you can see on this slide and also more open toand trusting of start-up companies providing that alternative drivetrainalso you don’t have the protections of the u. s. franchise law that certainlywill likely protect the u. s. dealers for a longer period of time another trendthat we are seeing with sellers is a greater interest in selling theirdealership real estate along with their franchises now this is a real break fromtradition dealers typically love to cash out their business keep the real estateand collect rent checks letting the buyer manage the business and enjoy justgetting that monthly income however with the number of bricks and mortar retailthe number of those facilities shutting down many dealers are starting to sayyou know if I’m gonna exit maybe I should also exit my single purposereal estate property which tends to be the most risky real estate investmentand this isn’t just single purpose for auto retail our facilities are singlepurpose for a certain brand in auto retail and so we’re seeing more dealerssay if I’m gonna exit I’m going to exit everything the last trend that we areseeing with sellers is also an aberration from the past and that is awillingness to bring on an equity partner or financial partner in either aminority or a majority position and this is not surprising either because of allthe disruption discussions and the fact that most dealers really do feel theyneed to be big to survive in the future that this is a going to be an industrythat needs quite a significant amount of size to really succeed these dealers aresaying you know maybe I will take that call from that private equity firm orfrom that high net worth individual who wants to invest in auto retail followthe lead of some of the most famous investors in the world who have decidedto do so and I’m gonna bring on that partner because I don’t want to leavethe industry I love the industry I just know that the cost of growth isextremely expensive I don’t really want to bet the family farm again on atransaction my facilities cost a tremendousamount of money thank you Oh yen’s and so you know I think that bringing on afinancial partner makes a lot of sense and manufacturers are more open to thesestructures particularly in the US but we’re also seeing in Canada someopenness to this change and it makes sense so we think 2018 will be notablein this regard that we will see quite a few more of these investors coming intothe marketplace our firm literally gets a call almostevery other week from either a private equity firm a family office asking howthey can get exposure to auto retail ok so now that we’ve talked about thesesellers why they’re coming to market their vantage point on the industrylet’s turn to the buyers most of whom see a real opportunity in today’s on aretail market to score and score big like Canadian hockey this is a surpriseto some people because I just went through all the reasons that the sellersare coming to market they’re concerned about the risks so why our buyers soexcited and willing to pay some of these asking prices that the sellers arerequiring well first and foremost most sellers see an industry that has atremendous amount of consolidation left in it the fact of the matter is NorthAmerican auto retail is the most fragmented retail industry in both theCanada and the United States there is a tremendous amount of consolidationopportunity still available our research shows that 70% of dealerships in Canadaare owned by small groups and single store owners again compare that to anyother retail industry you don’t see that kind of fragmentation buyers see atarget-rich environment to grow and there are benefits to consolidation mostobviously economies of scale you can see here this is the sgna so the operatingexpenses of a dealership comparing the pride the average private dealership tothe public’s there is about a 10 to 12 percentdifference in the SGA a percentage of gross in these two inthese two different categories now that earnings that that savings dropsdirectly to the bottom line and makes a consolidation strategy extremelyeconomic and profitable but it’s not just economies of scale that drivesthese buyers it’s also economies of scope because when you get to a certainsize you have the you have the view of an industry that you can think there isstrategically about where you’re investing your capital how you’re goingto capitalize on the change that’s coming and make it an even more fruitfulstrategy so it’s economies of scale and scope that is driving buyers into ourindustry more buyers into our industry now another interesting fact is thatmake most buyers of dealerships today are less fixated on where we are in thenew vehicle cycle now why would this be because what they love most about autoretail is not your lowest margin part of your business I know that’s shocking tosome people but they are not that excited about the low margin new vehiclesales department rather they love the leaf sexy part of the business they loveused vehicles which have a double the margin by the way I’ve included F&I ifyou’re wondering why these margins are so high so they love the used carbusiness which is growing they love fixed operations which is about fivetimes almost five and a half times higher in gross margin that’s also arecurring revenue business and fixed operations is growing at a nice 5% clipeven with potential plateau here and in the US so this is what is driving buyersto our industry now another reason that we see so many buyers interested in Autoretail is the fact that they can get unbelievable financing from our friendsat RBC they the the financing for buyers right now is pretty darn attractivefinancing as much as 50% of goodwill which used to be unhearda decade ago in Canada financing almost a hundred percent of real estate wellwhen your equity check is smaller hey you’re more willing to pay more andB you’re more excited about doing these investments and and meeting a seller’spricing requirements and it might not be totally illogical what buyers arethinking when they are paying very big multiples because if you look at whereyou can put your capital today we are in a very low yield investment environmentinterest rates as I showed you on the prior slide are very low and so if youhave an operating business that’s kicking off a ton of cash flow or ifyou’re a family office looking to allocate capital and you look at whereyou can invest gosh even taking on risk even buying a corporate high-yield bondyou’re looking at a 6% return compare that to what you can make by investingin auto dealerships our estimate for the for an average ROI for top luxuryfranchises as high as thirteen point six percent for a top non luxury importfranchise you’re looking at nineteen point two percent and for a domesticfranchise 22 percent you know Warren Buffett has a great great quote he saysdiversification is for people who don’t know what they’re doingand since car dealers usually do know what they’re doing you can see whythey’re deciding to invest reinvest their capital into the industry it makesa lot of sense on an economic basis okay I’m going to wrap up this presentationwith a little bit of a review of the blue sky multiples now for those of youwho receive our report or if you’d like to receive a report you can feel free togo to our website and enter in your information it comes out quarterly andwe do publish blue sky multiple ranges for each franchise now there is more artthan science that goes into valuing a dealership because at the end of the dayyou need a buyer and seller to agree on price but what we find is the blue skymultiples we publish are generally where we see franchises trading in Canadaagain I think it’s about a one or two turn times higher than what we’vepublished for the US and we are often asked well why do some franchises tradeat higher multiples and some at lower multiples than what you publish and wesee six key factors affecting a blue sky multiple which I should say should beapplied to adjusted pre-tax earnings in the most recent performance not anaverage the last ten years five years three years but how the business iscurrently performing the first is earnings growth expectations and this issimply to say that if you have a store that is maybe making one percent net tosales and it should be making three percent net to sales a buyer may bewilling to pay a nine multiple because on a pro-forma basis they paid a threemultiple and that’s a pretty darn attractive investment I should note thatas the deals get larger as some of the top a hundred groups that our firm isrepresented this turnaround concept becomes less viable in other words abuyer is not looking to buy a billion dollar group and turn it around so itthis is very much true with a single point or a few points less true as thedeals get bigger customer relations is the next one now this is interestingbecause we used to go to market with deals and the buyer would literallynever ask us what the CSI or SSI of the dealership was and I always thought itwas a little odd that it never even came up but now with the consumer now ratingthe dealer dealer rater Yelp there is an increasing impression from buyers thatgosh that’s a hard thing to change if that rating is low especially as thee-commerce world that we live in becomes more of our daily reality that’s gonnabe harder for me to change so this is a new indicator and something we’re seeingmore and more of and we think it’ll be a bigger deal in the future the next isbuyer demand and this is just economics 101 also if you’re in a high demandmarket like Toronto where there are a lot of buyers looking for stores herethat’s gonna drive up your multiple if you’re in a rural market where therearen’t many buyers that’s gonna drive down your multiple the next is realestate unfortunately we’re the state has a big factor in in bluesky if you need to do a new facility I’m sorry but the buyer is not excited aboutinheriting that project they want to buy your store and sell cars and so they aregoing to discount your blue sky if they are if you if you pass on that projecton to them the next is market vehicle preferencethis is simply to say that a truck dealership in a truck market usuallytrades for a higher multiple than a truck dealership in a non truck marketor likewise a luxury franchise in a top luxury market like Vancouver is gonnatrade at a much higher multiple than a luxury franchise in a market where therearen’t that many luxury buyers and finally market representation if amarket is over dealers that’s going to have a negative effect on the multipleif a market is under dealer the opposite happens and in the u. s. we have moresingle point markets than you do and single point markets often do have veryhigh multiples because there’s no like brand competition so the margins aremuch higher for those stores so taking all of these factors into account that’show we see the multiples getting adjusted when we are doing transactionsin closing Wayne Gretzky one of Canada’s most famous hockey players said abouthockey I skate to where the puck is going not where it has been this is suchan appropriate quote for auto retail today smart sellers are looking to thefuture to determine if today is the right time for their family to exitwhile astute buyers are studying changes expected in the market to determinewhere the best place for them to invest their capital in both cases it’s allabout the future rather than what’s going on in the present so I encourageus all to keep an eye on where our industry’s puck is headed because thatis where the fortunes will be made thank youThank You Erin yeah Canucks are Kings Lakers Lakers areRaptors we’re using hashtag and Canada Congress on Twitter good news bad newsthe room is tight that’s the good news the bad news is it’s hard to get in andaround for Libya to get these so if you want to ask questions hashtag a inCanada Congress she’s gonna write them out we’ll bring them up theold-fashioned way but let’s let’s get to a first questionthat I have you said that the there’s a tremendous amount of consolidation leftin the North American market but in the Canadian market do you see thataccelerating in the next over the next 12 to 18 months and what will drive alot of I do think you’re gonna start seeing accelerate I think that even inthat slide that I showed even the top 80 dealership groups many of those folksare also considering a sale so we see that it’s not just the ones and twos butin fact in some regards when you have a group of ten stores and you are andoften these are families that own these very large businesses and you’re lookingat your secession plan and you’re saying wow this business is worth a hundred andmillion dollars do I do I just roll the dice and hope the next generation cantake it on or is that even a viable option and if it’s worth that kind ofmoney today you know I should exit because the other factor to consider isfor a long time in auto retail there were the deep enough pockets or buyersto do those kind of transactions if you will it’s not always that you can dothese what I liked in some regards call Hail Mary transactions right whereyou’re you’re selling though you bought you built your business onesie twosieand and that you know over the years we’ve accumulated dealerships and thenyou sell the whole thing in one big deal it takes a lot it takes a market that’samenable a financial market an auto retail market you need you needa lot of stars line to get those kind of deals done and done well so manyretailers who I talked to in Canada and in the u. s. particularly themulti-generational dealers are really worried about mobility autonomyelectrification and their future what’s your advice to them when you considerthe impending model albeit it could be 10 to 20 years out versus the currentmodel and their current valuations well at the risk of sounding like a broker Ireally do think that we are at a very high level of value and we we just don’tknow if it’ll it’ll sustain in the next economic cycle in other words valuationstoday are incredible levels and we are in for an economic cycle at some pointand so valuations will decline during that cycle and the question is on ournext wave up whenever that may be will we surpass today’s values or willthere be enough clarity about potential changes to the model that that thevalues are then affected and we don’t come back to these level of multiplesI’m yeah of course no one knows the answer to that so I think if a family isconsidering the future strategically and they think they’re gonna we often getcalls and you know have guys tell us or gals you know I’m gonna sell in the nextfive years well if you’re gonna silver the next five years I think today may beyour day because I don’t know why you would wait five years you may you mightnot be getting the value you want if you wait on the flip side these businessesdo is demonstrated by that return on investment slide make a tremendousamount of money so masae that’s okay I’m gonna make a lot of money and and maybemy terminal value me my exit number is lower but in the meantime I’ve made aton of money over the next 10 15 20 years and that’s that’s good so it’sit’s it’s a hard decision I think you very much have to look at yoursuccession plan to decide if that’s viable to make the right decision andparticularly in light of the fact that the industry could completely transformI guess is yeah and and I think they that some dealers are saying Ifeel right passing this you know I inherited my business from my father ormother and and I it wasn’t that different and I got to have fun and growit and go to na da and do all these fun things and I’m not sure I mean I’mpassing down the same kind of business and I don’t know if that’s the the rightthing for my family to do because it takes a certain a special person tomanage through the kind of change that at some point will be coming to ourindustry question from the audience was why has the Canadian market been slow tomove to a public ownership model as opposed to the US I think the primaryreason is that you don’t you don’t have the franchise you don’t have thefranchise lobbying system that the US has that has really allowed dealers tomake sure they they sort of get what they want and and negotiate more heavilywith the OEMs it seems the OEMs in Canada just have more control over overthe system and so they have said for one reason or another we don’t want Publixseveral of the OEMs have said that and so that’s kept that’s resulted in fewerpublic retailers in Canada on the equity side what are you hearing what theequity players in the Canadian market and we saw many large interestingplayers move into the market that go back three four years ago at nad a withmr. Soros and the activity that was going on there do you see that happeninghere anytime soon I do I did building knows yes no I do think you’regoing to see that here in in Canada as well I think that the calls that we getare from investors who are not necessarily only us focus they’rethey’re looking for investment opportunities in auto retail and I thinkthat I think the OEMs here may again have a little bit more of a say they maynot be quite as ready as the US ones or have have already started to accept itbut I am aware of transactions getting done here in Canada with private capitalas an investor private equity coming in so look forthat for an 18 mm-hmm okay before we started I was talking to our friend fromWinnipeg mr. Shipman and he just bought a store in CavalierNorth Dakota so he’s now on both sides of the border finds it incrediblyfascinating Cavalier by the way his population about 1500 right Steve1500 there we go you said there’s going to be more of that more cross-bordertransaction activity what’s going to feel that what is driving a lot of thatactivity well as I mentioned I think that to some degree the pricing in inthe u. s. looks pretty attractive relative to the pricing here ondealerships so even with the currency the US currency having risen relative tothe Canadian dollar there’s still there’s still an opportunity to investat a lower multiple in the US I think that’s part of what’s driving it I alsohave US buyers that are reaching out to us and saying we’re interested inexpanding to Canada so I think it’s it’s for the US buyers I think it’s a wideopen market they haven’t been up here most haven’t been up here and the dollaris so strong so there’s the opposite side of the equation that’s a prettyattractive 79 cents today yeah exactly so so you know I think that I think thatwhat’s driving it is for the US buyers it’s an open terrain and for theCanadian buyers the values are just lower so it’s an attractive investmentopportunity so us buyers are we talking about public companies in the US largeUS buyers how large earn very large there we goexcellent Erin thanks so much for coming I really appreciate it



source https://cardetailingphoenix.com/index.php/2018/06/29/erin-kerrigan-at-automotive-news-canada-congress-full-speech/

Automotive News in 60: Apple VS Tesla; New BMW Z4


Ford calls a facebook post claiming the automaker is hiring… a Hoax. I’m jerry reynoldsthe car pro with your automotive news in sixty seconds. A blurb posted on a facebook account claims ford is hiring factory workers, and it directspeople to call a recruitment line. But ford says it does not hire through socialmedia and it had nothing to do with the post. So could apple end up buying Tesla? That’sthe question a lot of people are asking… as Tesla meanwhile, reports short deliverytimes on its luxury “p-85-d” model s. This week, apple shareholders told their CEO,they’d like Apple to buy the electric car maker. Apple is reportedly already workingon its own electric vehicle. Finally. . . While the market for two-seatersporters is shrinking, don’t count out a new bmw z-4 just yet. Bmw says it’ll replace its aging roadster with a new “z-4” or “z-5” by 2020. Toyota is reportedly involved in the project. I’m Jerry Reynolds, the car pro! Have agreat week!



source https://cardetailingphoenix.com/index.php/2018/06/29/automotive-news-in-60-apple-vs-tesla-new-bmw-z4/

2018 Acura NSX GT3 Debut – Automotive News


2018 Acura NSX GT3 Debut – Automotive News



source https://cardetailingphoenix.com/index.php/2018/06/29/2018-acura-nsx-gt3-debut-automotive-news/

33M Robocar Sales Predicted or 2040 .. Automotive News TV/CAR NEWS / AutoNews


get ready for robo cars lots of them hope you had a great holiday seasoneveryone I’m Tom wara Beck 33 million that’s how many autonomous vehicles willbe sold globally in 2040 the prediction coming from IHS market now 33 millionself-driving car sales would be a substantial increase from the 51thousand units forecast for 2021 one big reason for the jump improved technologyhere’s IHS market principal automotive analyst Jeremy Carlson many more playersand space vehicle manufacturers will have technology companies mobilityproviders continue to engage in this base and find new and interesting waysto deploy that technology IHS markets his ride-hailing services will helpdrive the early deployment and growth of abies forecast where mobility as aservice vehicles are expected again to be the first deployment and to be somepretty significant volumes as these companies establish these local fleetsof driverless vehicles and then grow that footprint over time to end of theforecast when we expect individually owned vehicles the forecast comes asother recent survey show many Americans are still unsure about self-driving carsmeantime IHS says the US will lead the world in initial deployment and adoptionof production Robo cars as early as next year if the 2040 prediction holds one infour vehicle sold would be autonomous and speaking of automated driving liftsalong with Delphi former self-driving unit now called active playto offer fully-automated ride-hailing during this month’s CES consumertechnology show in Las Vegas from January 9th to the 12ththey will provide service from the Vegas Convention Center to more than 20destinations the company saying in a statement that operating in complexareas such as the Vegas Strip will accelerate the availability of automateddriving platforms for commercial applications riders won’t be alone bythe way each car will have a safety driver in the front seat and an in-carhost and be sure to catch first shifts with Jennifer Vaughn tomorrow morningJenny will tell us what else auto companies have in store for this year’sCES storms scandals CEO shake ups just some of the stories that rocked the autoindustry last year and as we start a new year here’s a look back at the biggestdevelopments of 2017 as ranked by the automotive news staff at number 10 USsales are poised to drop for the first time since 2009 how low did they go wellthe final tally is due tomorrow number 9 a wild ride for uber we heard news ofstealthy software a hush-hush hack attack and a change of CEOs atnumber 8 the federal indictments fly as an embezzlement scandal engulfsofficials from Fiat Chrysler and the UAW a much different kind of storm takesseventh place back-to-back hurricanes destroy an estimated 1 million vehiclesin the u. s. at number 6 Tesla takes a trip to quote production hell as ittries to bring Model 3 output up to speed GM sale of Opel to Frances PSAgroup comes in at number 5 and that brings me to NAFTA politics takingfourth place you had the effort to revamp naffthe push to rollback cafe standards the renewed assault on the ConsumerFinancial Protection Bureau and the dismantling of President Donald Trump’seconomic advisory panel whose members included GM CEO Mary Barra the thirdbiggest story well it’s tied to our lead story fromtoday company after company jumping into the self-driving car business out withMark fields in with Jim Hackett Ford CEO shake-up comes in at number two and ourtop story auto makers turn into evey evangelist Volvo GM Toyota Daimler andothers announce ambitious EB plans in 2017 more than 100 battery electricmodels are expected globally within five years always interesting look back andhere’s a treat for you history buffs out there you can find a list of a ends topstories going all the way back to 1953 go to Auto news. com slash since 1953 andas we sign off for today we’d like to take a moment to remember auto industryleaders who died in 2017you



source https://cardetailingphoenix.com/index.php/2018/06/29/33m-robocar-sales-predicted-or-2040-automotive-news-tv-car-news-autonews/

BREAKING NEWS: BMW X3 2018 SERIES ELECTRIC CAR Relies – Automotive News / CAR NEWS CHANEL


Welcome in on the Thursday later. How ride-sharing is helping to revive the rental car biz now your morning headlinesisthe Popular BMW 3-seriesGoing electric. Yes according to a report in the German newspaper Honda lotsIt says the automaker plans to introduce an electric version of its 3 series inseptember in a move designed to fend off Rival TeslaBmWs said to be planning to prevent the vehicle at the Frankfurt auto show in SeptemberBMW declined to commentHonda’s blog says the electrified 3-series will have a range of248 miles and would compete with tesla’s model 3 which goes on sale later this yearWe are here to announce a B11 84 which is the California electric vehicle ownershipCalifornia Assemblyman Phil King in San Francisco, WednesdayAnnouncing a bill that would provide rebates to evey buyers at the time of purchasethereby reducing the sale price right as customers drive off the lots asBloomberg reports the federal tax credit for electric car purchases has an end in sight inCalifornia doesn’t want demand for a zero emission vehicle to meet the same fateThe Bill does not specify the size of the rebatesexecutives from Hyundai and Samsung are among a 50 two-person business delegationJoining South Korean leader moon Jae-in today as he begins a two-day summit with us President Donald trumpTrump is expected to press moon for more balanced trade with the u. s. Ahead of the summit Samsung announcing today that it will open its first u. s. Appliances plant in more than three decades the Factory will be in, South CarolinaUber says it did not know about the alleged theft of proprietary information from Wei mo until Google’s self-drivingventure filed a lawsuit in February in a document, WednesdayThe ride-hailing company refutes Lame-o’s claim that uber conspired with engineer Anthony Levin duskyto download14,000 files and steal trade secretsBefore he left way moe in January 2016anAudiOutfitting the new a8 in special spidey camouflage yesterday in Los Angeles at a star-studded eventMarking the world Premiere of Fireman homecoming the carChauffeuring after Tom Holland down the Red Carpet at the TCL Chinese theatreActors Robert Downey Jr. . And John Favreau arrived Together in a black R8 fighterOuties official eight-eight reveal is slated for July 11th in Barcelonabut the movie offers glimpses of the car including a scene highlighting the Audi AiTraffic Jam Pilot feature the Hill by the way opens worldwide july 7 isThe ride-sharing age giving old-school rental car companies a lifeline according to bloomberg it just mighton MondayWe saw deals made between Google self-driving car unit way mo and adis budget and between Apple and Hertz Global holdingsThe tech Giant’s moves showing that they’re willing to partner withtraditional players instead of driving them out of existence infact the agreements while small in scope pushed up shares of both rental agenciesBloomberg says rental stocks have long been out of favor due to investor concern over the role those companies will play in anIndustry where driverless cars and ride-sharing play a bigger role?Now the new deals offer a little more clarityEspecially about who might actually own or maintain self-driving fleets inway most packed avis Budget will manage way most suite of Autonomous vehicles andRival Apple will lease a small fleet of cars from herd to test self-driving technologyandThat wraps up today’s newscast join us again tomorrow morning for a by-the-numbers report with our judges nighter. Take care



source https://cardetailingphoenix.com/index.php/2018/06/29/breaking-news-bmw-x3-2018-series-electric-car-relies-automotive-news-car-news-chanel/

Wednesday 27 June 2018

Model Overview: 2018 Mazda MX-5 Miata


Hello, my name is Daniel Susco, and today we are talking about the latest version ofthe Zoom-Zoom brand’s legendary two-seat roadster, the 2018 Mazda MX-5 Miata. Mazda has a whole list of updates for the 2018 Miata that we have over at TheNewsWheel. com,but mostly it’s making a bunch of existing features either available on more trims orstandard across the lineup, with the addition of the sweet Dark Cherry soft top and newexterior paint formulas. The Miata’s exterior looks about the same now as it did when the roadster was redesignedfor 2016, though with the addition of a hard-top model. I am still digging the KODO exterior design, though. Each 2018 Mazda MX-5 Miata is powered by a SKYACTIV-G 2. 0-liter four-cylinder engine,which makes 155 horsepower and 148 lb-ft of torque, which is plenty for a vehicle thatuniformly weighs less than 2,500 pounds. Not surprisingly, that compact engine is easy on the gas budget, making 26 mpg in the cityacross the board, 33 on the highway with the manual transmission, and 35 on the highwaywith the automatic. The two-seat roadster can have some seriously nice interior features added, including Recaroseats and a Bose® sound system if you are so inclined. Just make sure you can fit behind the wheel, as many reviewers say that tall drivers willlikely be cramped. At the base, the 2018 Miata comes with the expected features like front and side airbags,seat belts, and side-impact beams. It also gains advanced driver-assist systems at higher trims, including Blind Spot Monitoringand Rear Cross Traffic Alert. Thank you for watching!For more on the Miata or the latest car news, visit us at TheNewsWheel. com, and don’tforget to like and subscribe.



source https://cardetailingphoenix.com/index.php/2018/06/27/model-overview-2018-mazda-mx-5-miata/

Tuesday 26 June 2018

TOP 10 JDM Cars With Pop-Up Headlights


On this list, we’re going to be talking about 10 JDM cars that feature pop-up headlamps. The best of bunch, in my opinion, is the Toyota 2000GT. However, as it’s such a rare car,it was difficult to find good footage for it. So therefore, we’re skipping this one. Starting off on our list, we’ve got the Honda NSX MK1. This car featured the 3. 0 or 3. 2C30A, C32B motor, which is a dual-overhead-camshaft VTEC V6 unit, making from 270 to 290 horsepower. It’s a mid-engined rear-wheel-drive car. It was better than Ferraris of the time, andis now considered a classic. Second on our list, is the Mazda RX7 FD of 1991. This onehas a 2-rotor engine, 1. 3L, codenamed 13B-REW. It’s a Twin-Turbo unit making 270 horsepower. The engine is put in the front, it’s got rear-wheel-drive, it’s lightweight and it revs to 8000RPM. Onthe 3rd place we’ve got the Mitsubishi GTO of 1990. Thisone has a twin-turbo V6 motor, codenamed 6G72, at 3 litres, making 300 horsepower. It’s putin the front, it’s got all-wheel-drive, and it’s very advanced for the time, featuringactive aero and other systems. Fourth on our list is the Toyota Supra A70 from 1986. Thisis a 2. 5L straight-6 twin-turbo unit at 280 horsepower, codenamed 1JZ-GTE, and put inthe front. It’s got rear-wheel-drive and at the time it was also very advanced, featuringtechnologies like ABS or changeable damper rates. On the fifth place ,we’ve got the FairladyZ Z31 from 1983. This one features a single turbo, single camshaft 3. 0L V6 codenamed VG30ET. It makes 250 horsepower, and the engine is put at the front, with rear-wheel-drive. It’snoted for having Japan’s first mass-produced V6. Sixth on our list is the Toyota MR-2 SW20from 1989. The best engine of the bunch is the 3S-GTE, a 2. 0L Straight-4 Turbo Motor,making 220 horsepower and situated in the middle. So, this car has got a Mid-EngineRear-wheel-drive platform. It’s prone to snap oversteer, having been criticised for beingdangerous at the time, and it’s certainly not a car for newbies at the mid-engine rwdworld. Seventh on our list, is the Nissan 180SX S13, from 1989. This one had a 2L, four-cylinderturbo motor, codenamed SR20DET making 200 horsepower and situated at the front, withrear-wheel-drive. It was very popular in the drifting scene, and it’s also known for beingprone to rust. Eighth on our list is the Toyota Celica T180 from 1989. The GT-Four model hada 3S-GTE motor, like the MR-2, which was a 2L straight-four turbo unit making 220 horsepower,and put in the front, with 4WD. It was inspired by the rally Celica, and it was the most powerfulcelica destined for the US market. On the 9th place, we’ve got the Toyota Corolla AE86from 1983. This had a 1. 6L Straight-four naturally aspirated unit making 110hp, codenamed 4A-GE,which was put at the front, with rear wheel drive. It was famous for being very lightweight,it was also famous for being in the Initial-D anime series and was very popular in the driftingscene. And lastly, we’ve got the Mazda Eunos Roadster, also known as the MX-5 here in Europe,the MK1 generation from 1989. The best of the bunch, was the 1. 8L BP-4W unit which wasa straight-4 naturally aspirated motor making 130 horsepower, situated at the front, withrear-wheel-drive. This car has a perfect weight distribution, is very lightweight, convertible,cheap, and a great introduction to rear-wheel-drive. Thanks for watching, remember to leave suggestionsand ideas for future videos in the comments below!



source https://cardetailingphoenix.com/index.php/2018/06/26/top-10-jdm-cars-with-pop-up-headlights/

Monday 25 June 2018

2018 Lexus LS 500 and LS 500h Review | motoring.com.au


More efficient, more dynamic and better value than before, the new Lexus LS is here to stirup trouble for other large prestige sedans in the market. Lexus has been a disruptive force in the market since the first LS 400 of 1990. This new model is carrying on in the same tradition, dropping the V8 engines of theprevious models for a twin-turbo performance V6 and a fuel-sipping Atkinson-cycle V6 forthe hybrid model. The new GA-L platform underpinning the LS is shared with the LC coupe, which also lendsits multi-stage hybrid-drive system for the LS 500h. At 6. 6L/100km, the hybrid LS uses more fuel than the Mercedes S 350d, but CO2 emissionsare very close – and now repositioned in the market, the petrol/electric Lexus undercutsthis cheapest Benz S-Class by hundreds of dollars. While it’s highly refined, the twin-turbo LS 500 will cut loose, accelerating to 100km/hfrom a standing start in five seconds, whereas the hybrid takes a little longer. As well as the two powertrain variants, the LS is offered in two trim levels – the dynamically-tunedF-Sport model, or the luxury-oriented Sports Luxury, priced just $5000 higher. Lexus expects the majority of buyers to pay the extra for the flagship, which is significantlybetter equipped. The F-Sport is aimed at roughly one-third of buyers looking for a more enjoyable drivingexperience and the car comes with a six-step Vehicle Dynamic Integrated Management system,four-wheel steering and adaptive variable suspension. Active anti-roll bars are standard for the LS 500 F-Sport. Both cars ride on 20-inch wheels and multi-link air suspension – and the Sports Luxury testedproved to be extremely quiet and composed at touring speeds. Sports modes are available to adjust the steering weight, ride properties and power delivery. In normal or comfort modes the Sports Luxury models ride very comfortably and still providesafe roadholding. Steering is light enough to satisfy most buyers, but will firm up sufficiently in Sport mode. Lexus designers have gone to some lengths to make the interior of the LS highly inviting. The touchpad is not a complete success for right-handed drivers, but basic audio andclimate control functions are available through redundant controls anyway. Cars in this market sector pamper the rear-seat occupants, and the Lexus is no different. Over a metre of legroom and separate controls for seat adjustment, audio and climate controlare all part of the package. Looks are always in the eye of the beholder, and the LS is likely to polarise opinion. The striking nose could be an acquired taste, and the flanks around the rear doors and Cpillars resemble the styling treatment of the Toyota Camry, which is not ideal for anupmarket sedan like the LS. And the rear quarter panels appear to share design DNA with the Prius. But the LS is a lot of car for all that. Lexus is offering the new model with 10 years of roadside assistance for no extra charge. For less than $10,000 more, the LS can be specified with different trim options, includingpleated leather and hand-cut kiriko glass. There’s no doubt the new Lexus LS is an outstanding addition to the market, but canit take the fight up to the Mercedes S-Class, priced just $400 more at entry level?On balance the answer is yes.



source https://cardetailingphoenix.com/index.php/2018/06/25/2018-lexus-ls-500-and-ls-500h-review-motoring-com-au/

The 5 Most Expensive Cars in the World 2017 – 2018


Most expensive cars in the world are so much more thantransportation these rolling art piecesencapsulate the priorities of the 1% and in that universeflamboyance and swagger take precedence overpracticality and efficiencyLifestyle criticisms aside. These are truly mind-boggling machinesAnd we’d like to count down our favorites for you here 10 Zenvo st1$12m kicking off our list is less of a car and more of an Unchained animal in the st1assembled in Zealand Denmark the Zenvo creates an absolutely obscene amount of power by combining a6-8 litre v8 with both a supercharger and a turbochargerJust how much is obscene exactly. How about one?104 horsepower and105 for pound-feet of torque all channeled to the car’s rear wheelsFerrari laferrari$1 for EM few cars on the road are more striking and even fewer accelerate fasterWith a dry weight of less than 2 800Pounds this dragon-like performance car accelerates from 0 to 60 miles per hour in less than 30 seconds and it’ll prance to124 miles per hour in under 7flat out it’ll top217 miles per hourPagani who IRA $1 for MThe who IRA is equally as famous for its odd sounding name as it is for its face-melting performanceNamed after the Incan God of wins the who IRA pronounced Y raw boasts an AMG source6-0 liter v12 with two turbochargersresulting in 620 horsepower and in a massive 700 40 pounds feetAston Martin one-77$1 for em under the vented hood lurks Oh naturally aspirated v12 that displaces 73 litres which is a lot it produces750 horsepower and553 pounds feet which is also a lotthose numbers make the177 the fastest Aston Martin ever made asThis spy chaser will top 220 miles per hour in the right conditionsFrom a stop. It’ll do 0 to 60 miles per hour in 35 secondsKoenigsegg one:1$20 M. You can buy a lot with 2 million dollars a really nice houseabout 80 Mazda mx-5S or the Swedish mega car shown above aLogical thinker could probably think of a better way to spend your life savingsbutmega cars don’t give a damn aboutlogic because they’re mega andAfter reading what the car is capable of two million dollars might actually be a stealferrari f60 america two dollarsBuy them the supercar is mechanically identical to the f12 but the Berlinetta isn’t exactly a Fiat Pandato begin withit’s6-2 litre v12 churns out740 glorious HP enough to propel the car to 60 miles per hour in only threeone second the ultra rare flag waver harkens back toFerraris bespoke past as the company built several region-specificsports cars in the 1950s and 1960sMansory vivere bugatti veyron$34m this list wouldn’t be complete without some version of the mighty Bugatti VeyronWe’re shining our spotlight on the the Mads iver edition hereBecause not only is it one of the fastest cars in the world?It’s one of the most expensiveW motors lykan Hypersport$34m, you may recall the lykan Hypersportfrom its starring role in the blockbuster Furious 7Where the Lebanese supercar crashed through not onenot two but three skyscrapers in Dubai in thefranchise filled with high-end exotics and one-off custom creationsThe fact that the Hypersport got so much focus is a testament to its magnetismLamborghini veneno$4 buy them the car is absolutelyStunning from every angle and to this day. We’re not convinced. It is an inalienablea ventral take overIt just doesn’t seem real the only thing more remarkable than the look is the price a whopping $45,000,000koenigseggccxr trevita$4 8 them underneath the lustrous finish lies of 4 8 litredualsupercharged v8 with a total output of104 HP and797 pounds feetWhich means it should have little to no trouble overtaking semies on the freewaythe carsspecifications in both performance and price are nearly comical at this point andJust three were ever madeAlex Todd brand manager at boxy Moe commented the1931 Bugatti Royale Kellner coupe was sold for $17 million in1987 that and many others won’t be included in this list. They are no longer available in the marketYouPlease Don’t forget to: LIKE | COMMENT | SHARE | SUBSCRIBE for the latest secrets of the world.



source https://cardetailingphoenix.com/index.php/2018/06/25/the-5-most-expensive-cars-in-the-world-2017-2018/

2017 Bentley Bentayga vs. 2016 Tesla Model X P90D Ludicrous – Head 2 Head Ep. 76


this is the bentley bentayga the fastest suv ever it’s also the quickest SUVwe’ve ever tested at Motor Trend doing 0 to 60 in a ridiculous three and a halfseconds that’s a brand new record that’s gonna stand for about the next 42secondsthis interesting looking purple thing behind me is the Bentley Bentayga Bentley says it is the fastestmost powerful most luxurious most exclusive SUV ever it has a six literw12 engine which means that has two 3 liter vr6 has joined the crank eachwith its own twin-scroll turbocharger it makes 600 horsepower and six hundred andsixty-four pound-feet of torque hey Jason I was thinking the most powerful suv in the world’s actuallythe Mercedes AMG g65 which makes 621 horsepower and 738 pound-feet of torqueso maybe Bentley meant the bentayga is the most powerful crossover in the worldthe Tesla Model X on the other hand it doesn’t even have an engine but it doeshave a battery pack big enough to keep your iPhone charged for 36 years ofcourse it can release all of that energy at once but it can release five hundredand thirty-two horsepower worth of it and its motors make seven hundred andthirteen pound-feet of torque with a claimed hundred and eighty seven mile anhour top speed the bentayga is the fastest SUVworld but I have a hunch that the Tesla Model access actually quickeracceleration to find out we brought them both to a drag stripthe Bentley’s turbo lag isn’t a factor here because we break torqued it on launch still is no matchfor the Tesla which pose a significant lead from the get-go the Model X beatsthe bentayga a sixty miles an hour3. 2 seconds to 3. 5 and continues to pull further ahead until eighty miles an hourwhere its lead peaks at 0. 5 seconds it’s only then that the electricmotors output starts to wane relative to the twin-turbo w12 and the Bentley startsto catch up in an all-out race Bentayga would win its top speed is 32miles an hour higher but when these two cars fly through the quarter mile theBentleys just 0. 2 seconds behind the Model X ladies and gentlemento mommy mobiles that easily and repeatedly poll elevens in the quartermile told you as quick you just watch the world’s fastest SUV get its asshanded to it by an electric car and we can tell people until we’re blue in theface just how otherworldly fast these Teslas are and they don’t seem to believeus they get in the passenger seat and go full tourette’s on us I think I’vefinally come up with a way to demonstrate just how quickly these carsare to do that i’m gonna bring in a min engine carbon top Italian superstaryour saying things is a super car yeah the Alfa 4c is a super car and it does here to 60 in 4. 2seconds which means it would embarrass a Lamborghini Diablo in a straight line up that is a really goodpointits also louder than a Diablo lot louderok so there you have it a Alfa 4c Spider racing a Alfa 4c Spider thats strapped onto a trailer being towed by a model X this wasn’t a scientificrace we used not testing equipment because frankly this was really stupidbut the point here is that the Alfa 4c is a really really fast car and theModel X is so much faster that you have to put a 4,000 pound trailer on it tomake it only as fast as a really fast car please don’t try this at home wetried it because we’re not at home and we’re professionals professional idiotsbut professionals non the less idiots well you’re alive and I did not think you would bewhen you told me like hey he’s going to put a race car on a trailer and tow it behind aTesla and do a full launch I was like he’s going to die he’s going to jack knife he’s going die and findanother co-host well I’m glad you didn’t yeah that was nuts I really thought the back half ofthe Tesla was gonna rip off every single time we launched it I think its just insane ludicrousactually one step pass insane no but you don’t look in any other company that is a seriously quickSUV and potentially the fastest suv in the world but these two trucks it happened at the sametime which I find really interesting that is only tiny British luxury withwood and leather and it couldn’t be any more different than this which is newSilicon Valley drives itself electric technology showcase computer on wheels Ithink it’s really interesting that they’re happening at the same time thatsaid this is a strange head-to-head because that car costs almost twice whatthis car costs and in that sense they’re not direct competitors that sounds likesomething that Tesla and Bentley marketing department would say I would sayif your a rich person and you’re in the market for the latest greatest craziest SUV you’re gonna takea long hard look at both of these yes and maybe have to pick one which is whywe have to pick one which is why we’re not going to go on the road and drivethese things to figure out which one is the better SUValright Bentayga pretty quite goes down the road with authority very fast suv worlds fastest suv as they claimthis one is on 21’s right that does bring up one thing about this ride quality impact is a little bit harsh just because you don’t have a lot of sidewall and then everythingelse is sort of like suitably bentley wallow so you get this sort of impression thatyou’re driving an Audi q7 with like blown shocks but it’s like bang is that in bentleymode or comfort mode in comfort mode you have like completely blown shocks totallyin Bentley mode it rides well but I I wish the impact was damped a little bit it’s kinda all about sport mode this is an impressive mode for this carthis is the one where it starts uses that 48 volt electrical system just moved sway bars around right the waythis one works there’s a step-up transformer up to 48 and that powerssupercapacitors that are on the roll bars so turn into a corner there’s likeno roll like this flat I rolled my fat rolled well we need better seat beats it stays very flat on corners the interesting thing thoughis it stays perfectly flat thru the corner and then it’s got huge break dive andacceleration squad I mean you floor it at night you blind all the drivers in front of you I thinksports mode really does solve a lot of that however like all Bentley’s I like driving in Bentley mode but is this thingBentley enough if mulsanne on which is a real six and three quarter liter v8rear wheel drive thats a bentley if this is a mulsanne over hereand this is a Cadillac Cimarron in terms of badge engineering meaning a luxury brand ona car that’s not a luxury car ok too far that direction for methe Audi q7 which is based on is a fantastic fantastic vehicle really good luxury kind of aestheticallychallenged though it shares that with this how does he even take it differ from accused notenough the steering wheel and the controls are all very clearly outing wedrive all his car so we recognize this and that and the potential owners ofthis car might not recognize that but a badge job is just a badge job the engine isunique so let’s talk about that said brand new six liter w12 same basicdisplacement as the old engines still two vr6 right but it got direct injection and moreimportantly the ability to disable one bank of cylinders so while you’recruising this can be a 3 liter vr6 and fuel economy gains are huge I mean I’ve seensort 16 and a half miles per gallondriving like a jerk and that’s six liter 12 cylinder that does 0 to 60in 3 seconds3. 7 seconds is a massive achievement and more importantlythe w12 sort of took any vibration that the vr6 multiplied by twenty this one isgenuinely v12 smooth and it sounds good it does sound good yeah that’s hard todo with a w anythinghats off to Bentley for finally perfecting that w12 sounds goodgreat gas mileage turbo lag is a fraction of what it was before this is now amodern engine I like that a lot Bentley says this thing will do a hundred and eighty seven miles an hour I don’t thinktoo many customers to try that but they want to be able to say I know 187 I cango off-road if I need to and that’s what we’re paying the money and it was foryou know thirty seconds until we tested the Tesla the quickest and fastest SUV we’ve evertested everand now it’s just the fastest I mean poor things going to have to cry itself to sleep atnight probably why look at itself in the mirror but look at this together with the Teslasee if we can figure out exactly what the designers were thinking thedesign for thinking now not looking either boy I seen these cars for yearsand years and years and they are not getting better with agebeauty is in the eyes of the beholder I mean these both of these cars are soldout clearly there are people who are not nearly as offended by the way they lookas we are one thing that I find very interesting is this is an exercise inopposites nice he told him that has to look ahead later nice shape themerchandise put the proportions are awful the Bentley is kind of the otherway around the proportions are just conventional SUV that was a missedopportunity for Bentley and it’s only been leonid details but the details thatthat is a lot I’ll give you one thing that he drove me nuts this test if youlook at it from the side or from the back would you really know we’ve got acopy the 5 series of all timethat’s our new SUV and then this week killed me about then take is those bodycolored caps on the secondary lights it’s bad sorry migrants Bentley has tonip this in the bud the horrible detail in the further we get from the cardisappointing in different directions and suddenly the car looks cross boobjob look again there’s a lot of people waiting in line to buy this car but itstrikes me as a German caricature of what a British luxury car could be soldto Chinese audience and it will by the time this car is meant to do at least itdoesn’t look like it’s going bald with that giant piece of glass looks like wesee great house forehead so which is prettierlet’s just go on that thingyeah the drive car because there are other cars out therenew e-class which has similar capabilities but it’s only about 80percent as good as this it shows you what it seems that you are so covetedjudges of blind here’s what I see here is where the car is in the line lookhere comes a bicycle here comes a semi-truck it actually control thedifferent but I can send you can just let go of the wheel and actually trustedeven on a curvy road yeah no way human beings are you get a text message you’regonna look at it that where you’re not going to check any million and and sothat’s dangerous right and so what do you do to prison for doing it for youdevelop technology where people are gonna be behaved and they’re not gonnadiethe bentley as you know all the worldly time he’d luxury in the sense of leathereverywhere inside of a human or are you know what’s really luxurious to meet thefact that I can relax for a second and read a quick text message that’s aluxury the the ability to not necessarily give a hundred percent of myattention the whole time driving and then not sacrifice anything that safetyis a true new luxury it’s a missed opportunity for the dentate absolutelythat has linked you persist but its Pogo’s back and forth until it basicallybounces off a peasant innovation these guys are bringing to the market isincrediblelook you accompany the lead have an internal combustion engine all-electricautopilot this amazing giant touchscreen this is an arson 2012 every touch screenhas come since not as goodyeah however if you had a squiggle have to check my medical records that Ieaten squigglearound they made us wear bagel and there’s a lot of innovation in this carwhich reminds me of a squiggle innovation for the sake of innovationlike this work we did the Sun Visor well that’s because they reinvented thewindshield yeah it doesn’t matter when showed where there’s no cover here sodesert so it is going to be beating down my head I mean look I’m have to wear ahat todaydelicate flower really there’s no way to ever shape this the multiple seatswhat do those do again and this time windows are one step away from a whitesquare wheels yet mister must I said square with most of the stuff in the carworks but had they not wasted all those seats the doors discarded on sale 18months ago and the model three right which is the car that I really careabout that the mass market $40,000you must is not and I appreciate that because he’s tightening of theautomotive industry by that I mean people who have pushed through theirvision and refused to accept compromise and it starts you know with a ToryBugatti every 43 Ford he act right these are the guys that were uncompromisingand maybe we look at some of these things like the glass and the shockendorsing the season think they were unnecessary but at the same time he’llon push through autopilot this screen and let’s not forget electric vehiclesand there’s one thing I love about esta tu is a Google we’re gonna make it it’sgoing to be thethey ever made is just so named because we hate cars but is gonna drive itselfthrough texts like Parker dress herself by the way it’s quicker than almostevery Super occur on the planet in a straight line and it seats seven and gotseven seat heaters you know I love that aboutbad things it doesn’t quite right as nicely as the deadly but the funny thingis when we talk about these cars we never mentioned ride handling theirsteering or breaks caused it all works I love the engineers at 10 right out ofthe gate Model S is great to drive this is like a model S and 700 extra poundsessentially it’s a little heavier but it drives about as good or better handlingof course if you are there were stealing cars I cannot get enough of his doorthat is so cool I walk away and it closes you are easily amused by thisdirectionopened a little bit opens more it’s a gimmick it is not it is a germaphobesweat dream which is really repulsive to return to use their hands anyway it is agimmick but you like it I like it and more importantly when I started drivinga Bentley regularly I miss it so it can you get used to which will turn intosomething they don’t touch my god oh my clothes are you ok let’s get this thingcharge and get sleep doesn’t follow orders I guess ok there’s parking thankyou I’m going to use technology to fix my parking job huhparking charging yeah I love the front doors I could live without the rivers inthe fucking dorsey overly complicated super gimmick the delayed the launch ofthis vehicle by 18 months that nearly sank the stock price of Tesla need badlooking ahead to develop new technology which i think is interestingultrasonic sensors that see through the skincircle things actually sees right through to at least it’s a questionabledecision on whether they should have done it but they didn’t like it at allit’s like going to the moon to develop the electric drillyes I don’t have a problem with that a drug test was saying that this thing canopen up if there’s an optical within 11 images just pull the door of her go getthem leaving go on with this massive with the door until it gets pretty shyboy don’t hit the bed layinglook at that you know me and many men could do the same thing but yeah youknow the one thing I will say about this technology doesn’t the fact that I canpull my iPhone and things will drive out of the parking spots render them yeslet’s get coffee before I pass out pretty cool though their genius geniusso in conclusion I don’t like either by later no get back here who am I gonnafight with about the decision you don’t have to like it we have to judge themobjectively based on their target audience and their intended purposetarget audiences funny bring that up so here’s laughing a real Bentley there isa whimsical is to it there’s an emotional part to it that is lackingfrom this car this thing is very intellectual into very German take on aBentley yes the letters all here but it doesn’t feel british two hundred andeighty thousand dollars I’d argue there is a British car you could get in factyou could buy two Range Rover autobiography supercharged everyavailable option and did might have won this anyway but yeah if you wantsomething electric you don’t have a choice but to go with the test thatthere is no electric vehicle yeah I think that guys came out the winner ofthe said not pretty though fully understand you get an enemy artists hesaid listen to music at the defeat of what wheels however I don’t think it’spossible to have a more obnoxious SUV then a three turn purple Bentley I justdon’t think you could have one nowno way I’m drawing blanks yeahwe know you don’t have time to wait for the next episode of head-to-head that’swhy you need to head to motor trend on mint. com that’s where the latest episodealways liveson the other side ETT was always trying to be the car to bridge that gap this isthe new TTX the fast and unlike any TV for it it has one perfect directcompetitor Alfa Romeo 4c watch the latest episode of head to head right nowon motor trend on the man I cannot get enough of these doors that is so coolI’m used by these closer taste when you get back in the car back it up with no Iwon’t because I’m gonna showvindication that’s ever happened



source https://cardetailingphoenix.com/index.php/2018/06/25/2017-bentley-bentayga-vs-2016-tesla-model-x-p90d-ludicrous-head-2-head-ep-76/

Sunday 24 June 2018

The four ugliest and weirdest cars at the Detroit auto show


It’s a rolling mobility pod from asci-fi future I don’t even want. It’s a terrarium on wheels and it’s gotinformation scrolling across the headrests. There was this from Falcon motorsports. Look, I appreciate a kitcar as much as anybody else, but not onethat looks like a knock-off Ford GT. This is called the GE3 and it looks like a bland,mash-up of all the other cute utes we’ve seen so far. Last and least, we have this from VLFautomotive. It’s some kind of oversizedTonka toy for a man-child.



source https://cardetailingphoenix.com/index.php/2018/06/24/the-four-ugliest-and-weirdest-cars-at-the-detroit-auto-show/

Should You Buy a CVT Transmission Car (How It Works)


rev up your engines, believe it or not, it’s snowing in Houston,since I can’t work outside now, I’m just going to talk about CVT transmissions,now many modern cars come with CVT transmissions, it stands for, continuously variable transmissions,they don’t have gears like a normal transmission, they don’t shift from first gear, second gear,third gear, now to understand CVT transmissions,here’s a little history on transmissions in general,now the first widely accepted transmissions in vehicles were standard transmissions,with a standard shifter, and a clutch that you push down with your foot,they were extremely reliable, you shifted it when you need to with your hand,but they have one drawback, they are a pain to drive in traffic,and then came automatic transmissions that were still geared transmissions,but they shifted themselves automatically, which of course people in the city love,because then they don’t have to think about shifting,they just step on the gas or the brake, it makes driving a lot easier,now for a long time, the standard transmissions had more power, and got better gas mileagethan the automatics, but as time went on, the automatic transmissionsgot more sophisticated and more complex, and more computer controlled, so that they wouldget just about the same gas mileage as a standard transmission,but that wasn’t enough, with pressure from the EPA to get better and better gas mileagefrom manufacturers, especially in the United States, they started making these CVT transmissions,because they get about 6 percent or so better gas mileage than the normal automatic gearedtransmissions, as you can see in this diagram, there’s agear shift that allows you to manually change it from first, to second, to third, to fourthgear, and there’s actual gears that you shift intoby yourself, while in this diagram of an automatic transmission,although it’s a very basic one, the transmission automatically shifts itself using varioustypes of devices to send power to the wheels, while in this CVT diagram, you can see thatthere are no real gears, it uses metal belts and various shaped drums,in order to make the car run most efficiently, they have a lot less moving parts than anymodern automatic transmission and they get the best gas mileage for whatever speed yourgoing that you can possibly get, and decades and decades ago,my grandfather who was also a mechanic, worked on CVT transmissions, but they didn’t workall that well back then, the garage was down at the bottom of a bighill, and when he worked on these CVT transmissions,a lot of times they just would not go up the hill,they would slip so badly that they had to go around to flatter ground to get up, theywouldn’t make it up the hill, now metallurgy has gone a long way since then,so the modern CVT transmissions, they’ll go up the hills and stuff, but a lot of themhave a lot of lag, which many people refer to as a rubber bandeffect, you step on the gas and it’s like windingup a rubber band, it doesn’t go, it doesn’t go, and then itstarts going, but your going to find with many modern carslike this Nissan, they come only with CVT transmissions,so what is there for you to do? because the CVT transmissions are cheaperto manufacture, and get better gas mileage, your going to be seeing more and more of themas time goes on, so if your going to get a CVT transmission,listen to this warning, do some serious research on the models yourthinking about buying, for example, I have never yet seen a Toyota Corolla CVTtransmission go bad, not a single one yet, but I personally have seen dozens of NissanCVT transmissions go bad, especially in the Altimas, and when the Altimas went bad, itwas either spend $3,500 to $4,500 having them rebuild,or buying a factory re-manufactured unit and spending $5,000 to $6,000 to have it replaced,so in this case, if you don’t mind the way the CVT’s drive,you would definitely get a Toyota Corolla and you would pass on a Nissan Altima, nowsince CVT transmissions are being mass produced now, more than they ever have been,I’m assuming in the future they will probably perfect all the problems like they did withautomatic transmissions, but me, I’m going to stick with my four speedautomatic transmission that’s in this Toyota, it’s got 240,000 miles on it, and it’s neverbeen touched and it still shifts like a dream, more quick fixes on the Scotty Kilmer Channel,so if you never want to miss another one of my new car repair videos, remember to ringthat bell!



source https://cardetailingphoenix.com/index.php/2018/06/24/should-you-buy-a-cvt-transmission-car-how-it-works/

Saturday 23 June 2018

2013 Porsche Cayman S Thrashed – /CHRIS HARRIS ON CARS


[ENGINE SOUNDS]There are several reasons why I love the new Cayman. This is one of them. [TIRES SCREECHING]It is one of the supreme, modern driving experiences. OK, short of being silly and doing big skids the wholetime, what is it about this car that I find so beguiling?Well, as a complete package as a compact sports car, I findmyself wondering what more it could give me. It’s not perfect, and we’ll come to the reasons why itmight not quite reach perfection later on. But if you were to go and spend between 40,000 and50,000 pounds on a small sports car, I just don’t knowwhat more you could want. And, of course, it now looks brilliant. So you get the driving experience and a car you couldbe proud to look at as well. If I was another car manufacturer trying to enterthis space now, I’d be very worried indeed. [TIRES SCREECHING]The essence of the Cayman, for me, is the way that it willturn into a corner. I just haven’t driven a car that’s so instinctive before. Well, I have. It was the previous Cayman. You can drive this car neatly and really enjoy the process. You turn the wheel. It loads up a bit, and the car’s just agile. It wants to change direction. Electric powered steering–yes, it’s lacking some steering feel over theprevious car. That’s not a good thing. But we’re stuck with these electricsystems now, I suppose. And this one, once you get beyond that lack of feel, it’sso instinctive. You can just put the car within inches of where youwant to be. It’s a car that just wants to be driven down twisty roads. It wants to be switchbacking. It wants to just change direction the whole time. It’s got an appetite for it. It is enthralling and addictive. [ENGINE SOUNDS]Now, there are probably two fundamental questions aboutthe new Cayman. And, interestingly, none of them requires an answer abouta rival car at the moment, because I don’t think itreally has a rival. Exide V6 is just too hard core, it’s not asevery day as this. So the questions are, should you upgrade your two-year-oldCayman S and spend an extra 25,000, 30,000 pounds to buythis new car?I would if it was mine. And should you just have a Boxster, because the Boxstershould offer the same experience,really, or 99% of it. And the roof can go down when you want it to. That’s a tricky one, that second one for me. I just love the way this car looks. I always want the hard top driving experience, as well,or most of the time. So I probably would have this car. It also drives in a more precise manner. I know the Boxster is great, but there’s just an extra edgeof brilliance about this car. The Cayman S uses effectively the same 3. 4 liter flat six asthe Boxter S, but an ECU fiddle gives another 10horsepower. So that’s 325 horsepower and 273 foot pounds of torque. It weighs 1,350 kilograms and Porsche claims that this PDKand Sport Chrono Plus version will hit 62 miles an hour in4. 7 seconds and do 176 miles an hour flat out. That’s fast enough for most of us, isn’t it?This car was fitted with optionalcarbon ceramic brakes. Porsche really has the pedal feel nailed with them thesedays, but at five grand, they’re just so expensive. There’s a touch more boot space. The new sat nav screen is standard Porsche fair. And you know what?It’s a beautifully finished cabin. The driving position is bang on, but it somehow isn’t quitefunky enough for that new exterior. Overall though, it feels like a qualityitem with real presence. The Cayman is not intended to be a track car, but the onlyplace you can really explore what this chassis is all aboutis the track. So we’re here at Portimao, one of the great circuits inEurope in Portugal. And we’ve got a couple of laps. So let’s see what it’s all about. We’re not trying to go as fast as possible. We’re trying to explore how the Cayman behaves. I’m in Sport Plus, so I’ve got the fastest gear shifts. I’ve got my sports exhaust on, and let’s see what happens. Fast gear shifts. Again, you’ve got that lovely turning on the car. Anyone that races will tell you that the front of the caris absolutely imperative that it turns whereyou want it to go. [ENGINE SOUNDS]Listen to the motor. Isn’t that a great sound?Revving out now. Oh, that’s about seven six. Breaking nice and late into this hairpin. Really good responsive break pedal. This car’s got ceramics. Traction issues–I’m flat out in second out of that hairpin. No worries whatsoever. The circuit really starts to flow now. Quick over this crest. Let’s get up this hill. Takes it all. A little bit of understep, because I was a bitheavy on that then. I’ve got to remember where this goes over this crest. Look at this fast turn here. Fantastic stuff. The car’s got so much balance. OK, you get it into the corner nicely, but mid-corner itgives you options. Peel off the throttle a bit and the nose justcomes back into line. Hoof it and you do feel a suggestion of oversteer. That is the essence of a great mid-engine car. And it’s why the Cayman will always slightly have anadvantage over the 911. Now this bloody, epic fast right hander, which I’m goingto be a little bit easy through. Let it run wide, and now quick down the straight. Again, it just has so much balance. It’s so responsive, and you feel enormous confidence. Like the engine as well. See, it doesn’t feel any stronger thanit does in the Boxster. You don’t notice the 10 horsepower like that. Although, it does seem quite keen to overcome the reartires sometimes, but that’s as it was in the Boxster as well. One thing you get over the 911, which is quiteinteresting, is that because the motor is that much closerto you, as are the intakes, you get more induction noise. You just get a little bit more induction noise. The whole cabin is full of it. That feels pretty good to me. [TIRES SCREECHING]Feels pretty well balanced to me. This car brings mixed emotions. So much joy for anyone lucky enough to own one because itis just a great driver’s car. But also a little sadness for the poor rival companies whowill now try to beat it, because theirs is a very, verytough task. The Cayman is not only the best car of its type to drive,it’s now the most desirable too.



source https://cardetailingphoenix.com/index.php/2018/06/23/2013-porsche-cayman-s-thrashed-chris-harris-on-cars/