Volkswagen has overtaken Tesla as the top EV seller in Europe, with Tesla slipping to seventh place despite the Model Y remaining the best-selling EV. Audi is raising US prices due to cost pressures, while Amazon is exploring used car sales. BMW and Mercedes plan to collaborate on turbocharged engines, and Jeep unveiled a hybrid-only Cherokee with advanced powertrain tech. Autonomous vehicle deployment is accelerating in Middle Eastern countries and Singapore, with insurance implications discussed. Chrysler previews an off-road Pacifica concept, and Nissan updates its popular kei car in Japan. Fisker Oceans continue service in NYC despite the company's bankruptcy.
Topics:ev sales europetesla market shareaudi price increasesamazon used car salesbmw mercedes engine collaborationjeep hybrid cherokeeautonomous vehicles middle eastoff road minivan conceptnissan kei car updatefisker ocean fleet
- VW Number 1 In EU EV Sales, Tesla Slips To Number 7 - Model Y No Longer Best-Selling Model in Europe - Audi Boosts Prices in The U.S. - Amazon Considering Expanding Used Car Business? - Singapore and Middle East Aim to Become AV Hubs - AVs Could Be Goldmine for Insurance Companies - BMW To Supply Mercedes With Engines - Jeep Reveals All-New Cherokee - Chrysler Unveils Off-Road Pacifica - Nissan Updates Roox Kei Car - NYC Fleet Operator Snaps Up Unsold Fisker Ocean’s
"...New York City, bought twenty eight hundred unsold Fisker Oceans for forty five million dollars or about sixteen t..."
Select text to request an explanation
Speaker 1: This is Autoline Daily, the show dedicated to enthusiasts of the global automotive industry. The EV sales race in Europe
is changing fast. The latest figures from Dataforce show that
in July the Volkswagen brand moved into the number one spot, followed by BMW. Scota and Audi, which are part of
the VW group, are in third and fourth. Renault and
Hyundai are in a virtual tie in fifth and six, while Tesla is down in seventh and not too much ahead of Mercedes. Kia is in ninth spot and BYD
just cracked the top ten. Despite that thirty seven percent
drop in sales, the Tesla Model Y is still the best selling.
Speaker 2: EV in Europe for the full year.
Speaker 1: But only two years ago the Model Why was the best selling car in Europe, not just the best selling.
Speaker 2: EV, and as recently as June it was number two.
Speaker 1: To show you just how much Europeans have turned their backs on Tesla, last month well the model wide drop to number sixty. Now, Tesla sales are always weakest in
the first month of every quarter, and it will likely recover some this month and next, but you can't argue with the numbers. Tesla has a sales crisis on its
hands in Europe. Audi is no longer going to absorb
the cost of the Terrace in the US and is raising prices. Some twenty twenty six vehicles are going up
between eight hundred and forty seven hundred dollars, depending on the trim. It's doing this because all of Audi's models
sold in the US are built in Europe, with the exception of the Q five, which is made in Mexico.
Customers will get a few perks from the price hike, including free scheduled maintenance and minor equipment upgrades. But Audi
is struggling in the US, with sales dropping six consecutive quarters.
Last quarter, they fell nineteen percent, and this price boost is going to make it even more difficult to turn things around. Two days ago, we reported how Amazon is
now selling use cars from Hyundai and Hurts on its website, as well as brand new Hyundais, and that's why this market analysis from investment banking company Stevens caught our eye.
Speaker 2: It thinks that Amazon is using.
Speaker 1: This as a test bed to decide if it wants to get into selling use cars, hook line and sinker, including sourcing use cars, reconditioning them, the logistics of delivering them, and even providing financing to buyers. No doubt Amazon is
studying Carvana. The used car service has a market cap
of about seventy three billion dollars, which is twenty billion dollars more than general motors.
Speaker 3: Performance that shines even in the rain. That's what really matters.
Rich don't pretends to tires, improved grip and wet conditions.
Speaker 1: We keep saying that twenty twenty five is the year of the autonomous car, and there are two regions of the world that want to lead the way. No, not
China and not the United States. Instead, countries in the
Middle East like Saudi Arabia, the United Arab Emirates, Qatar, as well as the city state of Singapore have the most aggressive policies to deploy avis. Even though the autonomous
cars going into these regions are made in the US and China, they're scaling faster there than anywhere else, and instead of pushing autonomous cars, Singapore is prioritizing autonomous buses, largely because of its famous traffic congestion, and autonomous vehicles could be a gold mine for car insurance companies. According
to analysts at Bank of America. In the US, drivers
are responsible in the event of an accident, but with self driving cars, liability will shift from individuals to car makers.
Insurers typically lose money on liability protection, so shifting responsibility will boost profitability. And while autonomous vehicles are expected to
significantly reduce accidents and insurance costs, Bank of America analysts disagree and say the quote data suggests otherwise. While the
frequency of accidents has decreased, the severity of crashes has increased despite better safety technology.
Speaker 2: We've been saying.
Speaker 1: Automakers should do this for years, but it's kind of surprising that its two luxury brands helping to lead the way.
Germany's Manager magazine reports that BMW and Mercedes are going to collaborate on internal combustion engines. It says Mercedes would
buy two leter turbocharged four cylinder engines from BMW to use in a good portion of its lineup, while Mercedes is coming out with its own one and a half liter turbo engine. It's said that motor can't handle PHEV
or EREV setups. Mercedes confirmed that the deal is in
the late stages of negotiations, and an announcement is expected before the end of the year. Revealed the all new Cherokee,
which launches as a hybrid only model late this year in the US. That hybrid is an all new two
motor setup that will power far more than just the Cherokee in Stillantis' lineup, and will be built in the US and Michigan. Although the turbocharge one point six liter
four cylinder engine that it uses was actually originally developed in Europe, but it's now being adapted for hybrid applications.
Mated to that engine is a transmission with two integrated motor generators. This has several advantages. One is that it
eliminates the traditional starter. One of the motor generators is
capable of starting the engine by drawing power from the setup's one kilowatt hour battery pack.
Speaker 2: While that's pretty.
Speaker 1: Small, the setup is capable of ev only driving with zero engine input. In hybrid mode, the engine spins one
of the motor generators to send power to the battery pack and also sends power to the wheels, but the second motor generator can take power from the battery pack or the first motor generator to help supplement the engine.
Speaker 2: In the new Cherokee, The setup produces two.
Speaker 1: Hundred and ten horse power, is expected to get thirty seven miles to the gallon and return more than five hundred miles or eight hundred kilometers of range. In terms
of size, the new Cherokee is a bit bigger than the previous model and offers thirty percent more cargo capacity.
Speaker 2: Inside, the driver gets a roughly ten.
Speaker 1: Inch digital display, while the twelve point three inch infotainment screen runs off the newest version of Stalantis's you Connect five system, which offers Ota update capability. The Limited and
Overland trims will be the first to launch at the end of this year, the cheaper of which starts at forty two five hundred dollars including destination charges, but the entry level Cherokee hits dealers early in twenty twenty six with a starting price of thirty seven thousand dollars.
Speaker 2: It seems like.
Speaker 1: Every automaker wants to get into off run and that could even expand to the minivan segment. Chrysler is displaying
an off road concept version of the Pacifica called the Grizzly Peak, and the brand says it plans to take feedback from customers. While it doesn't offer any extra underbody protection.
The front suspension was lifted by two to three quarters of an inch, the rear was lifted by two and a half inches, and the eighteen inch wheels are wrapped in thirty one inch all terrain tires. Designers even replace
the third row of seats with a cargo panel for extra space and a place to sleep. Since Chrysler is
taking feedback, we'd love to know what you think of an off road minivan. In speaking of vans, Nissan unveiled
the refreshed Roots in Japan. The Kkar offers updated styling,
improved engine efficiency, a quieter cabin, and Nissan claims the Rooks will be the first model in the segment to be available with a twelve point.
Speaker 2: Three inch cent display screen.
Speaker 1: The Roots will be priced starting around eleven thousand dollars when it goes on sale before the end of the year.
And in case you're wondering, k cars account for about a third of Japan's total sales. Even though Evie startup
Fisker no longer exists, you'll still see thousands of its vehicles on the streets of New York for years to come.
After Fisker declared bankruptcy last year, American Lease, the largest fleet operator in New York City, bought twenty eight hundred unsold Fisker Oceans for forty five million dollars or about sixteen thousand dollars apiece. American Lease is now renting the
vehicles to ride hailing and for higher car service drivers for three hundred and thirty dollars a week. The Ocean,
which originally started at seventy thousand bucks, had many software issues, so American Leases working with another evy startup called Indigo Technologies to maintain the software and ensure the fleet remains connected.
And while the vehicles still have some minor software issues, American Lease and other drivers say there haven't been any major problems with the vehicles.
Speaker 2: That wraps up this week's news.
Speaker 1: Thanks for watching, and a special thanks to all our Patreon and YouTube members for your support.
Speaker 4: Auto Line Daily is brought to you by bridge Stone Solutions for your journey CSP the Composites Solution partner Intrepid Control Systems over the year engineering boost your game and thanks to the following YouTube and Patreon members.
Speaker 5: Developing today's vehicles issues can happen in an instant. What
good is knowing your problems without the data to solve them.
Beat Wireless NEI Cloud your secure off the shelf solution, empowering real time collaboration for quick resolution. With Wireless NEARVI Cloud,
your team can prevent issues before they can escalate. Driver
communication data and remote diagnostics to analyze and resolve your problems using OTA, allowing your executives to oversight throughout the process.
Wireless near i Cloud your vehicle update solution in production and on the road. Intrepid control systems driven by your data.
Speaker 6: At CSP, we work with OEM engineers across the country on their journeys to lighter, safer, and more eco friendly vehicles.
Learn more at these CSP.
Speaker 4: Do Wards is the industry leader for news, data and analysis.
That's why companies across the globe subscribe to our premium service.
May be even your own log in for subscriber access.
Now check your company's intranet for details and rely on Wardsauto dot com to keep you informed.
Request an explanation for:
4 cars
4 cars featured
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.
See something that's not quite right? Our annotations are AI-generated and can sometimes miss the mark.
Click the flag icon on any annotation to suggest a correction.
