
Filed under: Car Buying, Hyundai, Kia, Earnings/Financials, Luxury, South Korea Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals. Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift. Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.Why BMWs are cheaper than Hyundais in Korea originally appeared on Autoblog on Sat, 18 May 2013 08:51:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

Filed under: Classics, Audi, Chevrolet, Mercedes-Benz, Nissan, Porsche A few weeks ago, we bid a fond happy 40th anniversary to the automotive dark ages of 1973-84 that have come to be known as "The Malaise Era" - the performance ice-age when 160 horsepower was a lot and a 0-60 time of under 10 seconds was remarkable. Like music in the 1980s, everything in automobiledom didn't suck, however. There were a few bright spots. Here are five of our favorites: 1976-79 Porsche 930, aka 911 Turbo Carrera (above) Photo Credit: Dorotheum While Chevrolet beat them by a decade with the turbocharged Corvair Corsa, the Germans more fully developed turbocharging through racing where General Motors couldn't. Early Porsche 930s (known technically as 911 Turbo Carreras) were a bit crude, with turbo lag that could be measured with an egg timer. They lacked an intercooler as well as brakes that were up to the task, but performance was sensational, with the buff books reporting 0-60 times of anywhere from 4.9 to 5.8 seconds and quarter-mile times of under 14 seconds. This was '60s muscle car performance at the height of the Malaise Era. Sadly, the 930 cost about six times as much as your average muscle car did. Rob Sass is the Publisher of Hagerty Classic Cars magazine. He is a regular contributor to the automotive section of the New York Times and is the author of "Ran When Parked, Advice and Adventures from the Affordable Underbelly of Car Collecting." Continue reading Malaise Era All-StarsMalaise Era All-Stars originally appeared on Autoblog on Fri, 17 May 2013 16:28:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

HAMBURG (Reuters) - Germany's Daimler pulled the covers off its new flagship Mercedes-Benz S-Class luxury saloon on Wednesday, a critical product launch for a company struggling to make a dent in the lead that rivals BMW and Audi enjoy in sales and profit.

Star Trek fans everywhere have been watching, sharing and re-watching The Challenge, a sly Audi ad that, as a comedy vehicle, comfortably

Filed under: Hybrid, Sedan, Lexus, Luxury, Quick Spins I have spent the last seven days driving the Starfire Pearl (read: white) 2013 Lexus LS 600h L you see here. And after roughly 500 miles of errand-running, highway-cruising, commuting and people-schlepping, I can safely say this: I don't get it. The LS hybrid is a nice car. It's comfortable, has every amenity you'd ever want in a luxury boat, and with its freshened appearance for 2013, it looks modern, integrating the company's new spindle grille into an overall package that's elegant. None of this is bad news. But let me explain why I still cannot wrap my head around the overall LS 600h L package: Driving Notes For starters, the LS hybrid mates a 5.0-liter naturally aspirated V8 to a 165-kilowatt electric motor. The gasoline engine on its own is good for 389 horsepower and 385 pound-feet of torque, and with the electric motor factored in, Lexus states that the total system output is a robust 438 hp. (All of that, by the way, resides in what editor Zach Bowman refers to as the "world's saddest engine bay.") That makes for one quick sedan, even here with all-wheel drive and a hefty 5,159-pound curb weight. Hitting 60 miles per hour takes 5.5 seconds, and top speed is limited to 130 mph. Hybrid or no, as you'd expect with a package like this, fuel economy isn't exactly stellar. The EPA rates the LS 600h L at 19/23/20 miles per gallon (city/highway/combined). My average over the week was 19.2 mpg. For comparison, let me introduce you to the non-hybrid LS 460 L AWD, powered by a 4.6-liter V8 that makes 360 hp and 347 lb-ft of torque. Compared to the 600h, the 460 is slower to 60 mph by 0.4 seconds and its fuel economy numbers are 16/23/18 mpg. That's right: The highway economy number is the same as the hybrid, and the combined rating is only reduced by two mpg. Lexus does call the LS 600h L a performance hybrid, so rather than it being a more efficient version of the flagship sedan - sort of the way a Mercedes-Benz S400 Hybrid is really just a more frugal S550 - this electrified LS is supposed to be the zenith of the line, offering the most power, quickest acceleration, and top-level refinement. Thing is, it's not all that good to drive. Even with the Drive Mode Select button toggled to Sport S+, the LS 600h L delivers driving dynamics that are far closer to that of a Hyundai Equus than an Audi A8 or BMW 7 Series. It's a giant rolling couch, with vague steering, plenty of body roll, and a suspension that, even in its firmest setting, doesn't offer a whole lot of sport. Comfy and plush, yes, but hardly engaging. The interior is really where the LS excels, yet lags. It has every comfort and convenience feature you can imagine, the materials are top notch, and it's, well, Lexus quiet. But from a user standpoint, there are issues. I know that Audi's MMI, BMW's iDrive and Mercedes-Benz's COMAND aren't always peachy systems to use, but they at least offer more user-friendly controllers than the horrible mouse-like Remote Touch controller in the LS. Several passengers commented on this during my week with the car, each one of them failing to understand the point. Perhaps Lexus could bring that 12.3-inch screen out a little more and just make it a proper touchscreen interface. But here's where it totally falls apart: as-tested, the LS 600h L I drove stickered for $135,029, including $895 for destination and handling. Remember that LS 460 L AWD I mentioned earlier? The one that's not much slower and, in most cases, just as efficient as the hybrid? Option it up to the exact same levels of equipment as this 600h and it's still $34,749 cheaper. That's right, nearly thirty-five thousand dollars less. Or hey, check out the BMW 750Li xDrive sedan. It has 445 horsepower, gets 24 mpg highway, and completely loaded, is $20,000 less than the LS 600h L. And if efficiency really is your thing, allow me to introduce you to the Audi A8L 3.0 TDI that claims up to 36 mpg highway. It starts at $82,500. What we have here is car that is, in a vacuum, fine. Everything that it does, it does well enough. But not for this price. And certainly not when there are so many more attractive options for buyers in the segment. Regardless of your preference for power, efficiency or just straight-up luxury, there are better ways to spend your cash than on this LS 600h L. 2013 Lexus LS 600h L originally appeared on Autoblog on Wed, 15 May 2013 15:43:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

Filed under: Wagon, Crossover, Audi, New Car Reviews, LuxuryReincarnated With A Smaller And Less Passionate Soul Mention the name "Allroad" to most automotive enthusiasts, and it's likely to conjure up images of the Audi A6 Allroad Quattro, first introduced in 1999. That car-like alternative to a sport utility vehicle was based on the German automaker's A6 Avant wagon. But unlike its luxurious road-going sibling, the Allroad was an on- and off-road variant fitted with an advanced height-adjustable air suspension for additional ground clearance, rugged tires on oversized wheels to improve off-pavement grip and unpainted flared fenders and bumpers to protect it from rugged use. That original A6 Allroad arrived with Audi's powerful twin-turbo 2.7-liter V6, more to offset its increased weight than to boost performance, and was eventually offered with a 4.2-liter V8 before it was discontinued in 2005. Fast forward eight years, and Audi has introduced its replacement - now based on the smaller A4 Avant wagon. A quick overview reveals that the new Allroad is smaller, less technically advanced, and it lacks its predecessor's focus and capability. Those traits aren't necessarily negative, as they appeal to a very different audience. But do they make this model less desirable?Continue reading 2013 Audi Allroad2013 Audi Allroad originally appeared on Autoblog on Wed, 15 May 2013 11:57:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

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