Inside the Industry

Hybrid sales reach record high in second quarter



(July 3, 2024) Customer loyalty to hybrid vehicles reached a record high in the first quarter as demand for electric vehicles continued to wane, according to an Automotive News report. Forty-two percent of hybrid owners who returned to the market in the first quarter purchased another conventional or plug-in hybrid, according to S&P Global Mobility.

Vineyard Vines announces summer collaboration with Jeep



Two American icons embark
on exclusive collection, road trip


(July 3, 2024) STAMFORD, Conn. — The lifestyle apparel brand vineyard vines, renowned for its iconic smiling pink whale logo and classic, casual clothing, announce its first collaboration with Jeep, the legendary SUV brand. This July, as vineyard vines celebrates its 26th birthday and Jeep rings in its 83rd, the two brands will introduce an exclusive capsule collection that celebrates their shared passion for adventure and the outdoors.

All-new 2025 Q6 e-tron sets new standard for Audi electrification



New EV has range of estimated
300 miles; expected in U.S. this fall

    
(July 3, 2024) RESTON, Va. — Audi of America has announced estimated range specifications and delivery timings for the all-new 2025 Q6 e-tron. Expected to arrive in U.S. dealerships in the fourth quarter of 2024, the all-new Q6 e-tron brings Audi electrification to the largest automotive segment — the mid-size luxury SUV segment.

The new Bently Continental GT Speed — Redefining the Grand Tourer



New Ultra Performance Hybrid
provides 50 all-electric miles


(July 2, 2024) CREWE, England — Bentley Motors has revealed the fourth generation Continental GT Speed, following in the 21-year tradition of the Continental GT family by redefining the ultimate blend of supercar performance, handcrafted luxury and everyday usability.

Kia records highest first-half EV sales in company history



(July 2, 2024) IRVINE, Calif. — Kia America delivered highest first-half EV sales in company history. Kia also marked the second-best first-half total sales. The brand's best-selling models through the first half of 2024 were the Sportage SUV and Forte sedan.

Luftgekühlt 10 makes highly anticipated return to Universal Studios



Tenth Anniversary event will take
place Oct. 5 at Universal Studios


(July 2, 2024) At its humble beginnings in the cramped parking lot at Deus Ex Machina in Venice, Calif., back in 2014, nobody could have predicted that the Luftgekühlt brand celebrating air-cooled Porsches would mark its Tenth Anniversary with a European Tour, successful Air|Water continuation event, and a return to its most iconic location from the past decade: Universal Studios Backlot.

Head-turning Black Edition added to Volkswagen range in UK



(July 1, 2024) Head-turning new Black Editions are being added to the Volkswagen line-up in the United Kingdom. The new trim sits above R-Line on four popular Volkswagen models — Polo, Taigo, T-Roc and the new Golf — and all come with additional features including larger alloy wheels, black styling elements, upgraded lights, heated front seats and wireless charging

Polestar struggles as EV demand slows



(July 1, 2024) Polestar said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell about 3 percent and its losses widened as it grappled with slowing demand for its higher-priced models, according to Automotive News.

Kim Kardashian specs out a $306,000 Range Rover



Urban Automotive and Platinum
Motorsport invest 300 hours in project


(July 1, 2024) Kim Kardashian has proven she’s been keeping up with custom vehicle trends, commissioning luxury automotive specialists Urban Automotive and Platinum Motorsport to design and build a bespoke modified carbon fibre Range Rover to add to her collection. The brand-new, $306,000 Range Rover L460 is the first project created for the TV star and entrepreneur by Urban Automotive, and one of many vehicles now delivered as part of the company’s relationship with renowned Californian high end custom vehicle builders Platinum Motorsport Group.

Genesis X Gran Racer VGT Concept stuns with 1,540 horsepower




(June 29, 2024) FOUNTAIN VALLEY, Calif. — The Genesis X Gran Racer Vision Gran Turismo Concept was unveiled for the first time this week at the Busan International Mobility Show 2024 (BIMOS), highlighting the brand’s bold leap into the realm of high-performance luxury mobility. The X Gran Racer VGT concept is a follow-up to the Genesis X Gran Berlinetta concept that we saw earlier this year at the 2024 New York auto show.