Inside the Industry

2022 M5 CS sedan — Quickest, most powerful BMW production car ever



(January 28, 2021) WOODCLIFF LAKE, N.J.  — BMW has announced the quickest and most powerful production BMW car ever, the 2022 M5 CS Sedan. Available only for the 2022 model year, the new limited production super sedan builds on the immensely capable M5, itself recently updated for model year 2021, by delivering more power, greater performance, lighter weight and exclusive interior appointments making the new M5 CS truly a one-of-a-kind vehicle in its class.

Mecum answers the January call in Florida — Auction sales top $141 million


1956 Mercedes-Benz 300SL

(January 27, 2021) WALWORTH, Wis.  — All eyes looked to Mecum Auctions in Florida to carry the torch for the January collector car auction action with hopes that the company would kick off 2021 with positive news and successful sales. Not only did Mecum answer the call, it delivered the message with $141.2 million in sales and an overall sell-through rate of 90% in January. For 10 straight days at Osceola Heritage Park in Kissimmee, Fla., Mecum put on a spectacle of automotive entertainment, sending 2,030 collector cars home with new buyers for a whopping 89% sell-through of the total number of cars offered.

Lighter, faster, further — Jaguar Land Rover’s advanced composites project



(January 27, 2021) WHITLEY, U.K. — Jaguar Land Rover is preparing for future electric vehicles with advanced lightweight composite research that will help deliver increased range, greater performance and a more dynamic drive. The Tucana project is a four year program to make the United Kingdom a world leader in low-carbon technology by accelerating mainstream use of electric vehicles and making vehicles lighter to both decrease tailpipe emissions and reduce energy consumption of electrified powertrains.

Mitsubishi unveils testing footage of all-new Outlander



(January 26, 2021) TOKYO — Mitsubishi has released a video of the all-new Outlander undergoing final tuning and testing. The all-new Outlander will make its global debut on Tuesday, Feb. 16 at 3 p.m. and introduce the company’s latest Super All-Wheel Control system. Coupled with the company’s pioneering all-wheel drive technology, the flagship SUV provides driver confidence and security in all weather and road conditions.

Volvo Safety Sunday returns with $2 million worth of cars on the line



(January 26, 2021) MAHWAH, N.J. — Volvo Car USA is bringing back the popular Volvo Safety Sunday campaign, encouraging fans to root for safety during football’s biggest game — the Super Bowl — and a chance to win their dream car. As part of this year’s Volvo Safety Sunday: A Million More, the Swedish luxury carmaker is doubling down on safety by pledging to give away up to $2 million worth of cars should a safety be scored during the game on Feb. 7.

Hyundai introduces advanced humanoid robot 'DAL-e' for customer services




(January 26, 2021) SEOUL — Hyundai Motor Group has launched the “DAL-e,” a highly advanced customer service robot that independently communicates with people using precise recognition capabilities and mobility functions.  The DAL-e is an acronym for “Drive you, Assist you, Link with you-experience.” Designed to pioneer the future of automated customer services, the DAL-e is equipped with state-of-the-art artificial intelligence technology for facial recognition as well as an automatic communication system based on a language-comprehension platform. 

New Lotus sports car series confirmed; Type 131 prototype production begins



(January 25, 2021) HETHEL, UK — A new series of sports cars has been confirmed, with prototype production of the Lotus Type 131 to commence this year from a world-class manufacturing facility in Hethel, Norfolk. The new manufacturing investment is part of Lotus’ Vision80 strategy, which will also see the relocation of two Lotus sub-assembly facilities into one efficient central operation in Norwich city to support higher volumes.

It's a record year for Fiat 500 in Europe, but only 674 sold in U.S. in 2020



(January 23, 2021) As sales of Fiat automobiles sinks in the United States, their popularity in Europe is soaring in the "city car" class. Only 674 Fiat 500s were sold in 2020. And total Fiat sales in the U.S. last year were 4,703. But in Europe, the Fiat 500 and Panda, already Europe’s most popular city cars, achieved an overall market share of 35.6%, each increasing by three percentage points.

All-new 2021 Rogue sets pace for Nissan’s recycling efforts



(January 23, 2021) YOKOHAMA, Japan — The new 2021 Nissan Rogue is breaking new ground as the company’s first global model built using a “closed-loop” recycling system for aluminum parts. The system helps reduce CO2 emissions compared with using parts made with primary alloys from raw materials. It also promotes the use of materials that don’t rely on newly mined resources, as well as the reduction of waste from factories.

Orders closed for 710-horsepower 2021 Dodge Durango SRT Hellcat



(January 22, 2021) AUBURN HILLS, Mich. — With the non-stop talk about all-electric and its growing popularity, it seems big muscle-car V-8 horsepower is still as popular as ever. Perhaps even more popular than electric vehicles. Case in point — production for the new 2021 Dodge Durango SRT Hellcat — after opening for orders in November —  is officially sold out.