Inside the Industry

Dodge uncovers hot new appearance package for Dodge Durango



(May 26, 2022) AUBURN HILLS, Mich. — The Dodge brand’s three-row muscle car will sport a new look this summer: HEMI Orange. First introduced last year for the Dodge Challenger and Dodge Charger, the popular appearance is now available for the 2022 Dodge Durango R/T HEMI Orange.

Stellantis, Samsung SDI to Invest $2.5 billion in Lithium-ion joint venture



(May 25, 2022) Stellantis N.V. and Samsung SDI have announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Ind. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt-hours (GWh), with an aim to increase to 33 GWh in the next few years. The total capacity would increase further as demand for Stellantis electric vehicles is expected to rise.
 

Toyota 4Runner celebrates historic run with 40th Anniversary edition



(May 25, 2022) PLANO, Texas — Forty candles. The “big four-0.” The Toyota 4Runner will reach the 40-year mark with the 2023 model year…  and, to celebrate, Toyota is offering a distinctive 4WD-only 2023 4Runner 40th Anniversary Special Edition. Appropriately, Toyota will make 4,040 of these special editions available for the U.S. market. Over the past four decades, 4Runner has amassed more than 4 million cumulative sales while carving out its place as the ready-for-anything SUV that’s equally at home on pavement or trail.

Petersen Automotive Museum marks 90th anniversary of iconic 1932 Ford



(May 25, 2022) LOS ANGELES — The Petersen Automotive Museum will honor the 90th anniversary of the 1932 Ford with a new national holiday, Hot Rod Day on June 11, and celebrate the special day with its new “Ford Fever: The Deuce Turns 90” exhibit in the Ross and Beth Myers Gallery. Opening to the public on June 11, the new exhibit includes a definitive collection of groundbreaking 1932 Fords such as Doane Spencer’s historic Highboy and the influential McGee Roadster.

Kia sells 10 millionth vehicle in the United States



(May 24,  2022) IRVINE, Calif. —Continuing its rapid expansion, this month Kia America celebrates the sale of the 10 millionth Kia vehicle in the U.S. Since start of sales in 1993, Kia’s growth is one of the auto industry’s greatest success stories and the result of delivering world-class quality, design and technology in every SUV, sporty sedan, and electric vehicle the company offers. The 10 millionth vehicle — a Runway Red all-electric EV6 — was purchased by Monti Charoenphong at Car Pros Kia Moreno Valley in Moreno Valley, Calif.

Polestar invests in extreme fast charging battery company StoreDot



(May 24, 2022) Polestar has made its first financial investment as a company, investing in extreme fast charging battery technology innovator, StoreDot. StoreDot is pioneering the development of silicon-dominant extreme fast charging batteries for electric vehicles. The Israel-based company aims to produce batteries for EVs capable of charging up to 160 km (100 miles) of range in just five minutes by 2024.

Hyundai Group announces its first dedicated EV, battery plant in U.S.




(May 23, 2022) Hyundai Motor Group has announced it has entered into an agreement with Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the U.S. The Group’s U.S. investment decision will support its goal of becoming a leader in electric mobility in the U.S. market. It also highlights the Group’s commitment to sustainability through electrification and to supporting the economies where it operates.

A legend reborn in 543-hp limited-run 2023 BMW M4 CSL



(May 23, 2022) WOODCLIFF LAKE, NJ — A legend is reborn. As its 50th  birthday celebrations gather steam, BMW M GmbH is unveiling a very special limited edition model. The new 2023 BMW M4 CSL fuses old-school racing passion with innovative technology to create an inimitable performance experience. Its standalone character profile is rooted in two core features — a power hike of 40 horsepower over the current BMW M4 Competition to 543 hp and a 240-pound reduction in weight.

Mecum Tulsa to feature 1,000 classic and collector cars June 9-11


1965 Mercury Comet A/FX Leightweight 427

(May 23, 2022) WALWORTH, Wis. — Mecum Auctions will return to SageNet Center at Expo Square in Tulsa, Okla., with 1,000 American muscle cars, classics, Corvettes, trucks, Hot Rods, customs and more this June 9-11. The first-ever Mecum Tulsa auction, held in June of last year, resulted in $22.1 million overall with a trio of Ford GTs achieving placement as the top three highest-dollar sales, led by a 2006 model that brought $330,000.

Volkswagen joins forces with 'Obi-Wan Kenobi"' for launch of ID. Buzz



(May 21, 2022) HERNDON, Va. — Volkswagen is giving an even stronger emotional charge to its brand and lends further momentum to its global e-strategy. The company launches sales activities for its iconic van, the ID. Buzz with a collaboration with “Obi-Wan Kenobi,” the all-new limited Star Wars series coming to Disney+ May 27. The campaign launches with a customized advertisement made in collaboration with Lucasfilm and Industrial Light & Magic featuring the ID. Buzz and some familiar Star Wars characters as well as leading actor, Ewan McGregor, who will also serve as brand ambassador for Volkswagen.