Report: Chevrolet dealer ready to charge $20,000 over MSRP for Volt… will more follow?

Filed under: Car Buying, Hybrid, Sedan, Chevrolet, GM

2011 Chevrolet Volt – Click above for high-res image gallery

Researchers from Edmunds decided to drop their local Chevrolet dealer a line to inquire about staking a claim for one of the first available Volts, and the response was shocking at best and galling at worst. Here’s the email, sans names:

Hello *****

Thank you for your online request, as you know the Volt is going to be a very limited production vehicle for the first 2-3 years. Demand is going to far exceed supply for this vehicle, initially our asking price for the Volt is going to be MSRP plus $20,000, we are expecting only receive 9 Volts all of next year.

I will keep you in my customer base for when the Volt comes out and I will contact you with any information as I receive it. We are taking orders right now for the Volt, if you would like more information, please let me know and I will be more than happy to help you. Thank you.

***** *****, Internet Specialist
******* Chevrolet
********, CA

You read that right. A $20k markup over MSRP for a 2011 Chevrolet Volt.

As Edmunds’ AutoObserver points out, this email exchange took place before General Motors announced its plans to increase Volt production by 50% for 2011, churning out approximately 45,000 units in its first year. But even with that knowledge, would the unnamed dealer still avoid bilking early adopters? We doubt it.

While it’s not clear if any other Chevy dealers plan to follow suit, history would suggest that big markups are likely – the Corvette ZR1 initiated this sort of fervor when it was announced, too. On the flip side of the coin, AO sites a report from GM-Volt.com this past June, in which a GM spokesperson is quoted as saying: “We also aren’t expecting our dealers to overcharge anyone for this vehicle, either, and will monitor the situation closely when we launch,” adding, “we’ll be paying close attention when the vehicle launches and do our best to strongly discourage this kind of behavior, as we always do with any GM-branded vehicle.”

GM is allowing Volt buyers to lease the plug-in hybrid for $350 a month (with a $2,500 down payment) when sales begin later this year, so it strikes us as odd that someone would choose to purchase a Volt outright if the dealer would tack on such an astronomical amount to the MSRP. Then again, there’s the possibility that dealers might only allow purchases, negating the option to lease.

With so much riding on the Volt’s success – from GM’s long-term environmental program to the political pressures over the federal bailout – the General better get its dealers in line post-haste. If not, the fallout has the potential to stymie the Volt’s success before the first owner takes delivery.

Gallery: 2011 Chevrolet Volt

[Source: AutoObserver]

Report: Chevrolet dealer ready to charge $20,000 over MSRP for Volt… will more follow? originally appeared on Autoblog on Mon, 02 Aug 2010 14:57:00 EST. Please see our terms for use of feeds.

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One-off SR-71 Mustang sells for $375,000 at EAA AirVenture

Filed under: Coupe, Performance, Auctions, Ford

2011 Ford Mustang SR-71 Blackbird – Click above for high-res image gallery

Generous giving can be a sign of how the economy is doing, and if the auction of the custom SR-71 Blackbird Mustang at the EAA AirVenture show yesterday is anything to go by, then things are looking up. Built in collaboration with Ford, Roush and Shelby, the one-off pony car was sold for $375,000 to benefit the EAA’s Young Eagles program – that’s significantly more than $250,000 the AV-X10 ‘Dearborn Doll’ Mustang raised last year at the event.

Of course, the winning bidder was likely motivated by a little more than charity during the bidding. The one-of-one 2011 Mustang features an exterior designed after the legendary Lockheed SR-71 Blackbird reconnaissance plane, and it includes black and gray matte exterior paint, custom front and rear fascias, performance wheels and a unique screen-print glass roof. Performance has also been boosted thanks to a Whipple supercharger system and a slew of Ford Racing Performance Parts. Follow the jump for more details on the car or check it out in our gallery below.

Gallery: 2011 Ford Mustang SR-71 Blackbird

[Source: Roush via MustangsDaily.com]

Continue reading One-off SR-71 Mustang sells for $375,000 at EAA AirVenture

One-off SR-71 Mustang sells for $375,000 at EAA AirVenture originally appeared on Autoblog on Fri, 30 Jul 2010 18:30:00 EST. Please see our terms for use of feeds.

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GM will increase Volt production by 50% – to 45,000 units – in 2012

President Obama toured the General Motors’ Detroit-Hamtramck facility where the automaker will build (can we say “is building” yet?) the Chevrolet Volt today, and as any good PR person will surely agree, you can’t let an opportunity like that go by without making an announcement of some sort. So, GM has something to say and it’s big news, too: GM will increase Volt production capacity by 50 percent in 2012.

Details are as follows: Instead of making 30,000 Volts in the U.S. in 2012, GM will now make 45,000. These numbers are lower than production numbers we heard rumors of in years past, but they’re good news for fans of plug-in vehicles. Is the increase a response to positive reaction to the Volt’s $33,500 after-tax-rebate price tag? Maybe, GM said in a statement that, “In the past few weeks, more than 25,000 people have joined the Chevrolet Volt enthusiast list.”

The news is good for the President, too, since the White House is pushing The American Auto Industry: A Comeback Story message this week. Part of that is an interactive version of the White House map showing places where the government has supported automakers, which you can find here.

Gallery: 2011 Chevrolet Volt

[Sources: General Motors, WhiteHouse.gov]

Continue reading GM will increase Volt production by 50% – to 45,000 units – in 2012

GM will increase Volt production by 50% – to 45,000 units – in 2012 originally appeared on Autoblog on Fri, 30 Jul 2010 14:29:00 EST. Please see our terms for use of feeds.

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Man spends nearly $200,000 to win right to park truck in his own driveway [w/video]

Filed under: Truck, Etc., Government/Legal, Videos, Work, Ford

Man pays nearly $200,000 to park truck in his own drive – click above to watch the video

Beware of the home owner’s association. Considered this country’s most basic, ruthless unit of government, HOAs are typically organized and manned by retirees with little better to do than tell you what to do with your property – something A.J. Vizzi recently learned the hard way. When Vizzi purchased his home in Odessa, Florida, he was told he would be allowed to park his Ford F-350 Super Duty in his home’s driveway, even though the neighborhood’s rules forbade keeping vehicles anywhere other than the garage. The truck didn’t fit in the home’s garage.

The local HOA soon changed its mind, and before long a lawsuit ensued. In 2008, a judge ruled in Vizzi’s favor, but the association quickly appealed the decision. In March, a second judge sided with Vizzi, and the courts awarded him $187,000 in legal fees to be paid by the HOA. In total, the association claims that the ordeal has cost over $300,000, including the cash it now has to pay to Vizzi. Take a look after the jump to watch a local news report on the legal battle. Thanks for the tip, Sea Urchin!

[Source: My Fox Tampa Bay]

Continue reading Man spends nearly $200,000 to win right to park truck in his own driveway [w/video]

Man spends nearly $200,000 to win right to park truck in his own driveway [w/video] originally appeared on Autoblog on Thu, 29 Jul 2010 18:02:00 EST. Please see our terms for use of feeds.

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2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease

Filed under: Hybrid, Hatchback, Chevrolet, Electric

Chevrolet Volt – Click above for high-res image gallery

General Motors’ recently hired vice-president for sales and marketing Joel Ewanick took the stage at the Plug-In 2010 conference in San Jose, CA today and finally revealed that the 2011 Chevrolet Volt will have a base price of $41,000 (including a $720 destination charge) before federal and state tax incentives. While GM hasn’t gone as aggressive as most people had hoped on the sticker price, the real deal appears to be the $350 per month for 36 months lease. That matches the monthly payment that Nissan is charging for the Leaf EV.

The effective purchase price of the Volt will be cut to $33,500 with a $7,500 federal tax credit (hence the asterisk in the title), but buyers will have to finance the $41,000 and get the credit back on their next tax return. Lease customers will have the credit factored in to their payment. The Volt lease requires a $2,500 down payment (vs $2,000 for the Leaf), but GM is including a clause in the lease contract that allows leasers to buy the car at the end of their term so that the automaker don’t have another standoff with customers like it did with the all-electric EV1. Follow the jump to learn more about the Volt’s price and how the order process will go, but first take our informal poll below.

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Gallery: 2011 Chevy Volt

Continue reading 2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease

2011 Chevrolet Volt priced at $41,000* or $350/month for three-year lease originally appeared on Autoblog on Tue, 27 Jul 2010 12:00:00 EST. Please see our terms for use of feeds.

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Nissan recalls 46,000 2009-10 Cube models over fuel system integrity

Filed under: Budget, Recalls, Safety, Hatchback, Nissan

2009 Nissan Cube – Click above for high-res image gallery

Last month, the Lexus HS250h was the subject of a serious recall involving fuel leakage resulting from rear-end collisions. Now, Nissan faces a similar predicament involving 2009 and 2010 model year Cube hatchbacks, and the National Highway Traffic Safety Administration has issued a full recall, covering 46,000 Cubes built between January 30, 2009 and July 30, 2010.

Much like the HS hybrid, NHSTA cites that the amount of fuel leakage following a rear-moving barrier crash “exceeds the allowable limits,” and that this could result in a fire. While a fuel leak is bad news, it’s important to note that this NHTSA test isn’t simply a case of a simple crash test and resultant fuel leak – the government agency’s methodology includes striking the vehicle from the rear with a deformable barrier at 50 mph with a 70 percent overlap. Post-impact, the vehicle is then spun on its longitudinal axis degree-by-degree for a total of 90 degrees, somewhere along which a fuel leak was detected. While any fuel spillage is a bad thing, we suspect you can put any images of the massively overblown Ford Pinto debacle out of your head right now.

In any case, the full recall is expected to start on or before August 30. To fix the problem, dealers will install a special protector to the gasoline recirculation tube where it meets with the filler neck connector. Naturally, the service will be performed free of charge at any authorized Nissan dealer. The full details are available in NHTSA’s press release after the jump.

Gallery: Review: 2009 Nissan Cube (U.S.-spec)

Photos by Alex Núñez / Copyright (C)2010 AOL

[Source: NHTSA]

Continue reading Nissan recalls 46,000 2009-10 Cube models over fuel system integrity

Nissan recalls 46,000 2009-10 Cube models over fuel system integrity originally appeared on Autoblog on Mon, 26 Jul 2010 14:28:00 EST. Please see our terms for use of feeds.

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Ferrari fined $100,000 for transgressions in German Grand Prix

Filed under: Motorsports, Government/Legal, Ferrari

Fernando Alonso leads teammate Felipe Massa in the 2010 German Grand Prix – Click above for high-res image gallery

If you followed yesterday’s 2010 German Grand Prix, you’ll remember that Felipe Massa mysteriously (not really) slowed late in the race, allowing his teammate Fernando Alonso to take the lead and the eventual win. Although this type of teamwork has been going on since the first two-chariot entry at the Circus Maximus, team orders are technically no longer allowed in Formula 1. As if the on-track maneuver wasn’t obvious enough, the radio chatter between Rob Smedley and the drivers made it pretty clear what was going on. And that radio chatter is monitored, so it wasn’t surprising that soon after the race an inquiry began into Ferrari’s tactics.

Well, the official word has come that Ferrari has been fined $100,000 for breaking the Sporting Regulations during the German Grand Prix. The stewards have also referred the matter to the World Motor Sports Council, meaning the result of the race could be in jeopardy. But for now the results stand.

Massa, probably stung by the call to move aside, admitted after the race that he let Alonso past, but he said he did it on his own accord. Ummmm… okay. Ultimately the driver has the final decision, but if he wants to return to the driver’s seat next season he’ll usually want to heed the advice of his team boss.

The official statement tells us that the stewards found Ferrari guilty of breaking article 39.1 of the Sporting Regulations, which forbids team orders that influence the outcome of the race. They also charged that Ferrari transgressed article 151c of the International Sporting Code, relating to bringing the sport into disrepute, the same section that McLaren was famously busted for back in 2007. Thanks to everyone for the tips.

Gallery: 2010 German Grand Prix

Ferrari fined $100,000 for transgressions in German Grand Prix originally appeared on Autoblog on Mon, 26 Jul 2010 13:31:00 EST. Please see our terms for use of feeds.

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Confirmed: Audi RS5 coming to America in 2012, R8 Spyder priced from $161,000*

Filed under: Coupe, Performance, Audi, Luxury

2011 Audi RS5 – Click above for high-res image gallery

The on-again/off-again rumors about whether or not Americans will get to sample the hotter-than-hot Audi RS5 Coupe end now – the automaker has officially stated that the coupe will hit the States sometime in 2012. Yes, that’s a bit later than what had originally been speculated, but we’re still stoked that Audi has decided to include us on the RS5 goodness. No mechanical changes will be made to the coupe before it launches in the U.S., so the high-revving 450-horsepower V8 will still be intact. Awesome.

But in the meantime, we have lots of other Audi hotness hitting the streets, including the sexy R8 Spyder, which goes on sale next month. Audi has officially priced the topless R8 from $161,000 (not including the $1,250 destination charge) for six-speed manual models. If you want the six-speed R-tronic manu-matic (and you don’t), be prepared to shell out an additional … wait for it … $9,000. Just stick with the manual – trust us on this one.

The full details are available in Audi’s press release after the jump, and be sure to scroll through the galleries below to gaze upon the RS5 and R8 Spyder in all their glory.

Gallery: 2011 Audi RS5

Gallery: Audi R8 5.2 FSI Spyder

[Source: Audi]

Continue reading Confirmed: Audi RS5 coming to America in 2012, R8 Spyder priced from $161,000*

Confirmed: Audi RS5 coming to America in 2012, R8 Spyder priced from $161,000* originally appeared on Autoblog on Fri, 23 Jul 2010 17:27:00 EST. Please see our terms for use of feeds.

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Ford Explorer reaches 30,000 Facebook fans, celebrates with grille shot

Filed under: SUV, Marketing/Advertising, Ford

2011 Ford Explorer grille – Click above for teaser gallery

Earlier today, Ford hit its 30,000 fan for the 2011 Explorer Facebook page, so the automaker could give away one all-new unibody ‘ute to a lucky follower. To celebrate meeting its goal, Ford has posted yet another teaser, showing off the new Explorer’s grille. But enough with the teasers. When can we actually see it in person? Glad you asked…

This coming Monday, Ford will reveal the Explorer at live events across the U.S., including New York, Chicago, Los Angeles and at the “glass house” in Dearborn, MI. At a preview of the Explorer in Dearborn earlier this week, marketing VP Jim Farley discussed how Ford plans to drum up interested in the Explorer, and based on the success of last year’s Fiesta Movement social media campaign, the Explorer will be omnipresent online and elsewhere in the lead-up to the on-sale date late this year.

According to Farley, the Fiesta campaign required only 10 percent of what a typical new vehicle launch costs, but it overwhelmingly succeeded in establishing name recognition for the small car well ahead of its arrival in showrooms. Given that America already knows the Explorer, Ford will be focusing on how it’s “reinvented the SUV for the 21st century.” We can’t tell you more at the moment, but look forward to full details this Monday 12:01 AM EDT.

Gallery: 2011 Ford Explorer Teasers

[Source: Ford]

Ford Explorer reaches 30,000 Facebook fans, celebrates with grille shot originally appeared on Autoblog on Thu, 22 Jul 2010 17:28:00 EST. Please see our terms for use of feeds.

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General Motors announces 8-year/100,000-mile warranty for Chevy Volt battery

Filed under: Hybrid, Sedan, Technology, Chevrolet, GM, Electric

Chevrolet Volt battery pack – Click above for high-res image gallery

During a media briefing at its Brownstown Township, MI battery plant this afternoon, General Motors Vice Chairman Tom Stephens announced that the lithium ion battery pack for the 2011 Chevrolet Volt would be warranted for eight years or 100,000 miles. Since the beginning of the program, it has been General Motors’ intention to develop the battery pack to last for the life of the vehicle.

Despite the fact that the Volt is considered an electric car by GM, the presence of an on-board gas engine for range-extending means that the EPA and California Air Resources Board consider the battery to be part of the car’s emissions control system. As a result, it is subject to the same regulations as parts like a catalytic converter, and therefore, it must have the eight-year warranty.

GM has released some additional specifications on the battery pack. In its final production form, 95 percent of the components were designed and developed in-house by GM, it weighs in at 400 pounds and has an output of 110 kilowatts. Internally, the water-cooled pack consists of 288 LG Chem lithium polymer cells. Over the next few months, GM will be ramping up the production rate at Brownstown in preparation for the start of Volt production this Fall.

Gallery: 2011 Chevrolet Volt battery pack

General Motors announces 8-year/100,000-mile warranty for Chevy Volt battery originally appeared on Autoblog on Wed, 14 Jul 2010 16:58:00 EST. Please see our terms for use of feeds.

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