Inside the Industry

Mecum exceeds $74 million in return to live auctions in Indianapolis

(July 22, 2020) WALWORTH, Wis. — Mecum Auctions held its most successful Indianapolis auction to date as the 33rd annual flagship event climbed to just more than $74 million in overall sales. In all, the 2020 auction was host to 1,800 vehicles and more than 6,000 Road Art lots offered over nine auction days, July 10-18. The sprawling Indy lineup ultimately achieved an overall sell-through rate of 90% as the vehicles alone reached an exceptional 78% sold. Notably, 346 of the vehicles offered were sold to online-only bidders for a total of $10.3 million.

2020 Ram Heavy Duty Limited Black Edition announced

(July 22, 2020)  AUBURN HILLS, Mich. — Ram Truck has announced a new Heavy Duty Limited Black Edition. The 2020 Ram Heavy Duty Limited Black model offers a sophisticated, monochromatic appearance package that appeals to a significant segment of luxury truck buyers. Ram Heavy Duty is taking the premium Limited model to new heights with the introduction of the Ram Heavy Duty Limited Black Edition.

Camcon Automotive digital engine technology could cut diesel truck fuel costs

(July 22, 2020) CAMBRIDGE, England — Heavy duty diesel truck fleets could save millions of dollars in fuel costs and commercial vehicle OEMs could meet increasingly stringent emissions regulations, by adopting digital engine technology from Camcon Automotive.

Featuring the company’s Intelligent Valve Technology (iVT) at its heart — which replaces the camshaft with electric actuators for full, precise control over the engine’s breathing— combined with innovative software, Camcon Automotive’s cost-effective concept has the potential to make a step change in powertrain development programs, dramatically reducing fuel consumption and improving control over harmful emissions, without any need for OEMs to invest in electrification.

Barrett-Jackson kicks off collector car tours on Oct. 7

(July 21, 2020) SCOTTSDALE, Ariz. — The automotive auction company Barrett-Jackson is launching exclusive Collector Car Road Tours kicking off the 2020 tours with an event that begins Oct. 7 at Summit Racing in McDonough, Ga., and ends on Oct. 13 in Key West, Fla.  Barrett-Jackson Collector Car Road Tours will include weeklong and weekend tours, open to all types of collectible vehicles.

Volkswagen opens new Tradepoint vehicle terminal at Port of Baltimore

(July 21, 2020) BALTIMORE, Md.  —  Volkswagen Group of America and Tradepoint Atlantic today celebrated the first day of operations at the Tradepoint Atlantic terminal at the Port of Baltimore, Volkswagen's newest port in the U.S. The port, which will serve roughly 302 dealers in the mid-Atlantic region, marks an approximately $150 million investment in the Baltimore-area and the creation of about 100 new jobs.

800-horsepower 2021 YENKO/SC Chevy Silverado now available at dealers

(July 20, 2020) TOMS RIVER, N.J. — Specialty Vehicle Engineering has announced the availability of its all-new 2021 YENKO/SC Silverado Truck, powered by a custom built 800 horsepower 378 C.I.D. supercharged LT-1-based engine. This is the most powerful limited production 2021 Full-Size GM truck available today, and only available from a CChevrolet dealer.

Only 50 of these Limited Edition YENKO/SC trucks will be built in any factory available color, and will be available in crew cab and double cab Custom models in 2WD and 4WD.

2021 Porsche 911 Turbo Coupe clocks a 2.7-second 0-to-60

(July 20, 2020) Following the recent introduction of the 2021 Porsche 911 Turbo S, the 2021 911 Turbo Coupe and Cabriolet are now making their debut. Thanks to an output of 572 hp, marking an increase of 32 hp over the predecessor, the new 911 Turbo accelerates from 0 to 60 mph in 2.7 seconds (0.2 seconds faster than before) while the new 911 Turbo Cabriolet takes 2.8 seconds (also 0.2 seconds faster) The acceleration, power output and torque (553 lb.-ft.) of the new 911 Turbo are on the level of the previous 2019 911 Turbo S. 

2021 Mercedes AMG GT Black Series — Raising the bar

(July 20, 2020) The most powerful AMG V8 series engine of all time, the most elaborate aerodynamics, the most intelligent material mix, the most expressive design, the most distinctive driving dynamics: For the new Mercedes-AMG GT Black Series, Affalterbach's engineers have raised the bar in the art of vehicle design. This new super sports car perfectly embodies the brand's rich tradition in motorsport, as well as its expertise in developing complete vehicles which impress in every respect.

Audi bids farewell to the R8 V10 with Limited Edition model

(July 18, 2020) HERNDON, Va. — To celebrate a decade of success with the storied V10 engine, Audi of America has announced the limited edition R8 V10 quattro models in Mugello Blue, Avus Silver, and Sonoma Green. Bidding farewell to the R8 V10 quattro, these 30 units bring technologies and features previously reserved for the performance model, and add unique interior and exterior design elements. The R8 V10 performance quattro model will continue on for the 2021 model year.

Honda discontinuing subcompact Fit, Civic coupe

(July 18, 2020) Honda says it can no longer make an economic case for the Fit subcompact, Civic coupe and six-speed manual version of the Accord sedan, all of which are being discontinued after the 2020 model year. The HR-V subcompact crossover will become Honda's entry-level vehicle along with lower trims of the Civic.

The Civic hatchback has grown in popularity at the expense of the Fit and the Civic coupe, and production of the hatch will move to the U.S. from the U.K. next year.