Inside the Industry

Ford cuts the electric Mustang Mach-E's price as much as $8,100



(February 21, 2024) Ford has cut the price of its electric Mustang Mach-E by much as $8,100 after its sales tumbled 51 percent in January when the automaker had to stop offering tax incentives on the EV, according to Automotive News.

Lincoln introduces expanded digital scent collection for 2024 Nautilus



Scent collection expanded to seven
digital in-cabin scents in new SUV

(February 21, 2024) DEARBORN, Mich. — As the all-new 2024 Nautilus goes on sale, Lincoln is introducing its full in-cabin Digital Scent collection, now offering a total of seven specially curated fragrances.  For the all-new Nautilus vehicles equipped with Lincoln Digital Scent feature, owners will receive a collection of three in-cabin scents, each with a blend of scents that create a specially curated experience.      

Jeep announces starting price for 2024 Gladiator — $39,790



(February 21, 2024) AUBURN HILLS , Mich. — The Jeep brand is bringing more capability, more refinement, new technology, more standard safety features, more content and more value to the world’s most off-road capable midsize truck. The new 2024 Jeep Gladiator has a starting U.S. manufacturer’s suggested retail price (MSRP) of $39,790 including a $1,895 destination charge. Jeep says this price is $1,725 less than the model it replaces.

Petersen Automotive Museum breaks cruise-in record with Donut Media



(February 20, 2024) LOS ANGELES — The Petersen Automotive Museum hosted its largest-ever cruise-in on Sunday, Feb. 18. The inaugural Donut Media Cruise-In marked a historic milestone for the museum as it celebrates its 30th anniversary throughout the year, drawing over 2,000 attendees and more than maxing out the 600-space parking lot.

Hennessey celebrates ‘World’s Fastest Car’ accolade with 300 mph plans



(February 20, 2024) SEALY, Texas — Hennessey Special Vehicles, the Texas-based hypercar manufacturer, has set out plans for its 1,817bhp Venom F5 to exceed 300mph in 2024. The announcement was timed to coincide with the 10th anniversary of the company’s Venom GT becoming the world’s fastest car in February 2014.

Urban Automotive celebrates 3,000 modified new Defenders



Milestone achieved ahead of the
launch of Defender 130 ‘Widetrack’


(February 20, 2024) LONDON — Urban Automotive, the bespoke modifier of luxury automotive brands, is celebrating its 3,000th conversion of the New Land Rover Defender L663.  Land Rover’s popular luxury SUV continues to prove an immense hit with Urban Automotive clients, with the Widetrack option selling over 2,500 ‘kits’ worldwide.

2025 Porsche Taycan — Enhanced styling, greater performance



Taycan Turbo S develops 938 hp,
0 to 60 mph in just 2.3 seconds

    
(February 19, 2024) For the 2025 model year, Porsche is giving its all-electric Taycan a particularly extensive update. The new versions benefit from more power, greater range, quicker acceleration and possibility of even faster charging. Porsche also sharpened the design and created greater differentiation for the Turbo models. All new Taycan versions feature a more extensive list of standard equipment and come equipped with the latest generation of the Porsche Driver Experience featuring an improved display and control concept.

The King’s electric Jaguar I-Pace could be yours



King Charles’ personal Jaguar
comes to auction on March 2

       
LONDON — An electric car with unmatched royal provenance – a Jaguar I-Pace purchased in 2018 by His Majesty King Charles for his personal use - is to be sold in the UK at Ascot Racecourse on Saturday March 2 by Historics Auctioneers. Not only was this the first electric car to be owned by a member of the royal family, but it fell to the then Prince of Wales, celebrated as a committed environmentalist and champion of conservation, to lead the charge.

Singer celebrates 300th restoration in California



(February 19, 2024) LOS ANGELES — The 300th Porsche 911 reimagined by Singer – Classic Study — has been completed in California. The 1990 Porsche 911 was restored in collaboration with its owner who has named their car the ‘Sotto’ commission. This car is an example of Singer’s personalization services and love affair with the 911. Its specification represents requests made by its owner.

Worker death forces Subaru to suspend output in Japan



(February 19, 2024) TOKYO — Subaru has temporarily suspended production at three plants in Japan, including the factories making the Forester and Crosstrek crossovers for export as well as the BRZ sporty coupe, after a 35-year veteran worker was crushed to death, Japanese media reported, according to Automotive News.