Property

Tesla Falls Behind on Model 3 Production in Q3

Motortrend News Feed - Mon, 10/02/2017 - 23:38

Tesla announced its third quarter output today, and it’s somewhat of a mixed bag. Although Tesla delivered more Model S and Model X vehicles than in any other quarter, it also missed its production goals for the new Model 3.

Tesla delivered a total of 26,150 vehicles, including 14,065 Model S sedans, 11,865 Model X SUVs, and 220 Model 3 sedans. Model S and X deliveries increased 4.5 percent from the same quarter a year ago, which was its previous best quarter.

Second quarter deliveries of these two vehicles are expected to exceed first quarter deliveries by several thousand vehicles, Tesla said. By the end of 2017, Tesla expects to have delivered about 100,000 Model S and X vehicles, or a 31 percent increase from 2016.

Despite the good news, Tesla failed to meet its production expectations for the Model 3. In the third quarter, Tesla only managed to make 260 copies, less than the 1,500 units projected back in August.

Tesla attributes the lower-than-expected figure to production bottlenecks. In a statement, Tesla said, “Although the vast majority of manufacturing subsystems at both our California car plant and our Nevada Gigafactory are able to operate at high rate, a handful have taken longer to activate than expected.”

Tesla also emphasized there are “no fundamental issues” with the Model 3 production or supply chain. “We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near-term,” Tesla noted.

Source: Tesla, Bloomberg

The post Tesla Falls Behind on Model 3 Production in Q3 appeared first on Motor Trend.

Categories: Property

2018 Mercedes-Benz GLC SUV earns Top Safety Pick+ nod by IIHS

The Car Connection News Feed - Mon, 10/02/2017 - 21:36
A major independent safety rating agency gave the 2018 Mercedes-Benz GLC Class crossover SUV its top award Monday. The IIHS said the luxury crossover earned its Top Safety Pick+ award, owed to the performance of the Mercedes GLC in multiple crash tests, its automatic emergency braking system, and its headlight effectiveness. According to the...
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2018 Chevrolet Trax

The Car Connection News Feed - Mon, 10/02/2017 - 20:52
The 2018 Chevrolet Trax is the smallest utility vehicle offered by Chevy. The Equinox and Traverse crossovers sit above it in the lineup. You can think of the Trax either as a small SUV or a tall hatchback, and it makes up for a lack of flash with good value for money. The Trax is offered in three trim levels: base LS, mid-level LT, and...
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GM to Introduce at Least 20 New EVs by 2023

Motortrend News Feed - Mon, 10/02/2017 - 19:15

General Motors has big plans for electrification over the next few years, and we’re not talking just hybrid technology. The automaker says it will introduce at least 20 new all-electric vehicles by 2023.

The first two EVs will be based off knowledge gained from the Bolt, GM announced today. These vehicles will launch within the next 18 months.

“General Motors believes in an all-electric future,” said Mark Reuss, GM executive vice president of Product Development, Purchasing and Supply Chain, in a release. “Although that future won’t happen overnight, GM is committed to driving increased usage and acceptance of electric vehicles through no-compromise solutions that meet our customers’ needs.”

GM has refined its electrified lineup over time. In addition to the Bolt, GM also currently offers the Chevrolet Volt and Cadillac CT6 plug-in hybrids. Other models like the Chevrolet Spark EV and Cadillac ELR have been axed.

GM envisions a future with zero crashes, zero emissions, and zero congestion. When it comes to emissions, battery electric vehicles are just part of the solution. Once again, GM reiterated that it’s pursuing fuel cell technology. Earlier this year, the automaker announced a joint venture with Honda to produce next-generation fuel cell systems for future vehicles. Production on the advanced fuel cell systems is expected to start around 2020.

Meanwhile, GM is testing the waters with a four-wheel-steer fuel cell concept called SURUS. Short for Silent Utility Rover Universal Superstructure, SURUS uses a heavy-duty truck frame and two electric motors. Its architecture paves the way for future fuel cell trucks, delivery vehicles, and ambulances.

Source: GM

The post GM to Introduce at Least 20 New EVs by 2023 appeared first on Motor Trend.

Categories: Property

Nissan to recall every car it has sold in Japan since late 2014

The Car Connection News Feed - Mon, 10/02/2017 - 18:26
Nissan is taking the unprecedented move of recalling more than 1.2 million cars in Japan—that's every single car it has sold in its home market since October 2014. There's not a specific issue that the automaker says it needs to address. Instead, it admitted that final inspections performed at its factories were not done by what the...
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2017.5 Mazda6 Gets New Standard Features

Motortrend News Feed - Mon, 10/02/2017 - 17:45

Mazda has announced mid-year updates for the Mazda6 midsize sedan that sees the base Sport trim receiving new standard features such as blind spot warning and rear cross-traffic alert. This comes on top of a generous list of standard features that also includes keyless entry and 17-inch alloy wheels.

In addition to the updated Sport trim, the mid-level Touring grade is now available with leather upholstery and an eight-way power driver’s seat as part of the Touring Premium package. Standard equipment for the Touring trim includes 19-inch alloy wheels, dual-zone climate control, low-speed automatic emergency braking, automatic headlights, and rain-sensing wipers. New standard features added for the 2017.5 model year Touring grade include navigation with a 7.0-inch touchscreen and heated front seats. A Bose premium audio system and moonroof are available as an optional package.

The range-topping Grand Touring trim comes with a host of standard features including a head-up display, LED grille lighting, a six-way power passenger seat, driver’s seat memory, paddle shifters, and a full suite of active safety features including adaptive cruise control, lane keeping assist, high beam assist, and automatic emergency braking that works at highway speeds. The only option on the Grand Touring trim remains the GT Premium package that adds regenerative braking, heated outboard rear seats, a heated steering wheel, and Nappa leather upholstery.

A 2.5-liter I-4 with 184 hp and 185 lb-ft of torque is the only engine available in the 2017.5 Mazda6. A six-speed manual comes standard on the Sport and Touring trims while a six-speed automatic is optional. The Grand Touring trim is only available with the six-speed automatic.

Pricing remains the same for the 2017.5 Mazda6 with the base model starting at $22,820 with the manual transmission. Opting for the automatic raises the price to $23,870. The mid-level Touring starts at $25,070 with the manual or $26,120 with the automatic. Finally, the Grand Touring checks in at $31,570.

Source: Mazda

The post 2017.5 Mazda6 Gets New Standard Features appeared first on Motor Trend.

Categories: Property

Volkswagen rolls out 6-year, 72,000-mile warranty

The Car Connection News Feed - Mon, 10/02/2017 - 17:38
Nearly every 2018 Volkswagen sold new in the U.S. will boast an exceptionally long bumper-to-bumper warranty: 6 years, or 72,000 miles—whichever comes first. The automaker's People First Warranty provides coverage for twice as long as many of VW's rivals. Three-year, 36,000-mile warranties are industry standard for non-luxury automakers. VW...
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SevenCapital gets green light for Birmingham resi tower

Property Week News Feed - Mon, 10/02/2017 - 16:57
SevenCapital has been granted planning permission to develop a new 17-storey residential scheme in the Five Ways area of Birmingham city centre.
Categories: Property

Nissan Prepares Leaf Nismo Concept

Motortrend News Feed - Mon, 10/02/2017 - 16:45

Nissan will preview a Nismo version of its all-electric Leaf at the Tokyo Motor Show next month, reports Auto Express.

The automaker teased the special Nismo concept at the European unveiling of the next-generation Leaf. Although this isn’t the first hotted-up Leaf we’ve seen, the model hints Nissan will continue to increase the EV’s performance and athletic appeal. At this time, Nissan isn’t divulging the specs, but it’s possible we’ll learn more at the Tokyo show.

And now a better picture of the new Nissan Leaf Nismo concept… pic.twitter.com/EIX2jaYEap

— Steve Fowler (@SteveFowler) October 2, 2017

Judging from the teaser, the Nissan Leaf Nismo succeeds at presenting a much more aggressive look than the standard model. Not only does it feature red accents and a black-and-white paint job, but it also appears to have a lower ride height and special side skirts.

Earlier this year, Nissan announced plans to expand its Nismo division. With the introduction of new Nismos, Nissan wants to increase sales of performance-oriented vehicles from the current output of 15,000 units a year.

Nissan unveiled the spiffed-up 2018 Leaf for the U.S. last month. For the new generation, horsepower has increased from 107 to 147, while torque has jumped from 187 to 236 lb-ft. The Leaf can travel 150 miles on a single charge in S and SV trims, but an upgraded battery pack for the SL trim will likely extend that reach to about 225 miles.

Source: Auto Express, Autocar

The post Nissan Prepares Leaf Nismo Concept appeared first on Motor Trend.

Categories: Property

Bloomberg HQ given highest-ever BREEAM rating

Property Week News Feed - Mon, 10/02/2017 - 16:39
Bloomberg’s new European headquarters in the City of London has achieved the highest ever design-stage BREEAM rating of any major office development.
Categories: Property

BlackRock acquires Irish onshore wind project

Property Week News Feed - Mon, 10/02/2017 - 16:33
A fund managed by BlackRock Real Assets has completed the acquisition of an operating onshore wind project in Ireland from Mainstream Renewable Power.
Categories: Property

Self-driving cars, 2018 Honda Accord driven, Mercedes drone service: What’s New @ The Car Connection

The Car Connection News Feed - Mon, 10/02/2017 - 15:30
2018 Honda Accord first drive: equal and opposite reaction The way engineers talk, the 2018 Honda Accord evolved from inattention. Senators announce bipartisan deal; automakers set to clear major hurdle in self-driving car legislation Senator Gary Peters (D-MI) and Commerce Committee Chairman Senator John Thune (R-SD) and announced a deal late...
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2018 Chevrolet Sonic

The Car Connection News Feed - Mon, 10/02/2017 - 14:23
The 2018 Chevrolet Sonic earned high scores among subcompact cars when it launched seven years ago. Now, as gas remains cheap and utility vehicles have surged, it’s an aging entry in a waning segment. It’s available in base LS, mid-level LT, and high-end Premier trim levels, and changes for 2018 are minimal. With few new subcompacts in...
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2018 Honda Accord premium-priced from $24,445

The Car Connection News Feed - Mon, 10/02/2017 - 14:14
The all-new 2018 Honda Accord will start from $24,445, a figure significantly higher than some of its closest rivals. Mid-size sedan competitors like the Toyota Camry, Nissan Altima, and Ford Fusion all start under $24,000. However, a close look at the numbers reveals that although the 2018 Accord is pricier than its rivals, it's also generally...
Categories: Property

2018 Lexus IS

The Car Connection News Feed - Mon, 10/02/2017 - 13:36
The 2018 Lexus IS has a tough mission, to conquest drivers who’d otherwise naturally opt-in with Mercedes, Audi, and BMW. It fights the good fight with sport trim packages, snug-fitting sheet metal and a dose of high technology. It falls shy of the benchmarks in several ways, but shows promise. We give it a 6.5 out of 10. (Read more about...
Categories: Property

2018 Lexus GS F

The Car Connection News Feed - Mon, 10/02/2017 - 13:34
With its GS F, Lexus takes on revered rivals like the BMW M5, Mercedes-Benz E63 AMG, Cadillac CTS-V, and Audi RS 7, though at a disadvantage. Yes, it has a 467-horsepower V-8, but forced induction gives all of its competitors far more power. Still, track-ready handling mixed with composed road manners and a family friendly cabin make the 2018...
Categories: Property

Green light for 100% affordable scheme in Dunstable

Property Week News Feed - Mon, 10/02/2017 - 13:34
Catalyst has been granted planning permission for a 100% affordable housing scheme at Brewers Hill Road in Dunstable.
Categories: Property

EE’s Doyle dials in at CBRE

Property Week News Feed - Mon, 10/02/2017 - 13:14
Mobile phone network EE’s director of retail Sian Doyle has joined CBRE, as head of UK business development within its retail advisory and transaction business.
Categories: Property

May promises £10bn funding for Help to Buy - property reacts

Property Week News Feed - Mon, 10/02/2017 - 12:55
Prime minister Theresa May has announced a fresh £10bn funding pot for the Help to Buy scheme, ending speculation that the scheme was to be halted.
Categories: Property

May promises £10bn funding for Help to Buy - property reacts

Property Week News Feed - Mon, 10/02/2017 - 12:55
Prime minister Theresa May has announced a fresh £10bn funding pot for the Help to Buy scheme, ending speculation that the scheme was to be halted.
Categories: Property

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