The New Ford Ranger Is in Crazy Demand

Ford has “more than 300,000 hand-raisers” for the new 2019 Ranger pickup truck it started delivering to retail customers in January, says Kumar Galhotra, group vice president and president of Ford North America. The automaker’s Wayne Assembly plant in Michigan is going into “massive overtime” as a result, Galhotra says.

Until last year, Wayne Assembly built Ford Focus compact cars and C-Max hybrids. It will add the new Ford Bronco to its assembly lines alongside the Ranger in 2020.

While “hand-raisers” rarely translate to actual sales, as some intended buyers drop out, the 2019 Ford Ranger is off to a good start after several years away from the North American market, with about 1,200 sold in the first two weeks as supplies trickled to market, according to Galhotra, which exceeded projections.

On February 7, Toyota will unveil a freshened Tacoma, the U.S. sales leader among midsize pickup trucks. Last year was a prosperous year for the segment, with the Tacoma up 24 percent, to 245,659. The Chevrolet Colorado was next, up 19.3 percent, to 134,842, and even the aged Frontier, which Nissan is expected to replace with a new model soon, was up 7.1 percent, to 79,646 sold. GMC sold 33,492 Canyons, up 4.3 percent, and combining with the Chevy Colorado, General Motors sold 168,334 midsize pickups. The new Jeep Gladiator on sale later this year also will compete in this segment, and Fiat Chrysler also plans to introduce a new midsize Ram pickup truck by 2021.

Meanwhile, Ford sold just 113,345 Focus compacts last year, off 28.4 percent, and 6,683 C-Maxes, down 63.7 percent. Combined, Ford sold just 120,028 of the two models built at Wayne Assembly last year.


















































The post The New Ford Ranger Is in Crazy Demand appeared first on Automobile Magazine.

TVR Griffith Production Pushed Back Until 2020

If you’ve been anxiously awaiting the arrival of the U.K.’s newest sports car, the TVR Griffith, we have some bad news. There’s been another delay. Originally set to go on sale in 2017, the delivery date was pushed back to early 2019. And now it’s been pushed back to 2020.

AutoRAI confirmed the delay after speaking with Paul Thompson, TVR’s Heritage Director. According to Thompson, European regulations are to blame. “It takes more time than we expected to start production, thanks to the rules of the European Union,” Thompson told the Dutch outlet. “We are now aiming for a market launch in the course of 2020.”

Perhaps surprisingly, one thing that hasn’t been an issue for TVR is finding customers for its initial 500-unit run. “We already have buyers for all these cars,” said Thompson. “We expect to be able to build the first 500 copies in twelve to fourteen months. That comes down to about ten cars a week. The production rate is later increased. That is quite possible because there is a lot of stretch in the production capacity. We can even build up to 1,500 to 2,000 cars on an annual basis.”

Even though it’s an obscure, low-volume product that’s unlikely to ever be sold in the U.S., the Griffith is a car we can’t help cheering for. TVR claims it weighs only 2,756 pounds and uses a 5.0-liter Cosworth-tuned V-8 that makes 500 hp. With a six-speed manual transmission, it’s said to hit 60 mph in less than four seconds and top out north of 200 mph. And as you can see in the video below, the Griffith uses Gordon Murray’s innovative iStream carbon-fiber production process.

Source: AutoRAI

The post TVR Griffith Production Pushed Back Until 2020 appeared first on Motortrend.

Phantom Corsair

This very unusual six-passenger coupe was a joint effort of Heinz and Maurice Schwartz of the custom body firm of Bohman & Schwartz in Pasadena, CA. Rust Heinz, heir to the Heinz 57 ketchup fortune, was a young designer who had the means to put into reality his car of tomorrow, better known as the Phantom Corsair. Based on a 1936 Cord Westchester Sedan with a Granatelli modified 192 horsepower supercharged Cord motor, the body was constructed by Maurice Schwartz of Bohman & Schwartz Body Company.

Phantom Corsair originally appeared on Conceptcarz.com on Thu, 31 Jan 2019 16:07:31 EST. Please see our terms for use of feeds.

BMW X1 Ranked 2nd Best at Retaining Their Value One Year After Purchase

Car research site iSeeCars has put together a study on one-year depreciation rates across the auto industry. The study then published the top 10 slowest-depreciating cars after one year and BMW’s X1 SUV was ranked second.

iSeeCars.com analyzed over 7 million new and used cars sold from August 2018 to January 2019, comparing the prices of new cars to lightly used equivalents and identifying those with the lowest price differences.

“Instead of buying a car that’s already been driven for one year, consumers can buy the new version of select vehicles for just a few thousand dollars more to avoid the uncertainties that come with purchasing a used vehicle,” said iSeeCars CEO Phong Ly. “When spread out over the average terms of a car loan about six years at a 4% percent interest rate for example, the increased monthly payment can be as little as $35 per month. This price difference could even be less when you take into account new car incentives that may exist for a given model.”

Subcompact SUVs comprise the top three vehicles on the list. The Honda HR-V takes the top spot with a 10.5 percent price difference, followed by the second-ranked BMW X1 with a 11.7 percent difference, and the Subaru Crosstrek with a 12.2 percent difference.

“Subcompacts are a rapidly growing segment because they strike the right balance of cargo room and other SUV perks while maintaining a price tag that is comparable to sedans,” said Ly. “Each are among the top models in their class,, and the demand could be driving up prices for lightly used versions of these subcompact SUVs.”

To further demonstrate the popularity of small SUVs, three compact SUVs make the list including the fourth-ranked Honda CR-V, the eighth-ranked Mazda CX-5, and the ninth-ranked Porsche Macan.

The entry-level BMW X1 sDrive28i starts at $34,950 while the all-wheel drive version sells for at least $36,950.

iSeeCars Top 10 Cars to Buy New Over Used
Rank (By Percentage) Model % Difference New Over Used $ Difference New Over Used
1 Honda HR-V 10.5% $2,260
2 BMW X1 11.7% $4,194
3 Subaru Crosstrek 12.2% $2,978
4 Honda CR-V 12.2% $3,230
5 Toyota Tacoma 12.3% $3,891
6 Honda Civic 12.3% $2,505
7 Honda Pilot 12.8% $4,518
8 Mazda CX-5 13.4% $3,457
9 Porsche Macan 14.5% $8,302
10 Subaru Impreza 14.7% $3,035
Overall Average 30.2%

 

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