AD #2046 – Hyundai Gets Aggressive with Ioniq Pricing, Citroen Shows Attractive Small Van, Will Autonomous Owners Share?

February 15th, 2017 at 11:47am

Runtime: 6:38

To watch this episode on YouTube click here.

- Hyundai Sets Price for Ioniq Hybrid & EV
- Citroen SpaceTourer 4X4 E Concept
- GM Lost $20 Billion on Opel
- Ford Spends $200 Million on Wind Tunnel
- Chinese Pronunciation of Popular Car Brands
- Autonomous Owners Won’t Want to Share

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21 Comments to “AD #2046 – Hyundai Gets Aggressive with Ioniq Pricing, Citroen Shows Attractive Small Van, Will Autonomous Owners Share?”

  1. Lex Says:

    In my way of thinking “Ride Sharing” is public transportation. If people do not own it then they do not care about it! If I would own an autonomous vehicle “Hell No” would I let anyone other than family drive it. People trash everything from hotel rooms to public spaces.
    You would need to install surveillance camera in the vehicle to record any mischief being done by others. So I agree with your Futurist on this point.

  2. David Sprowl Says:

    mobility services will find the most success in higher population areas. Housing in those areas is very expensive when compared to the rest of the country. With over 50% of the US population living in the southwest of CA, New England, and southern Florida area it looks like a good bet. The rest of the car sales will come from “fly over” country. And as car prices go up, those sales may fall.

  3. RS Says:

    +1 * 1,000!

  4. Ron Paris Says:

    Sorry John, but you’ll have to explain to my why the Nissan NV200 has “goofy styling” compared to the “cute face” of the Citroen SpaceTourer 4X4 E Concept. I just don’t see it. In fact, I think the current generation of small, medium and large vans from major manufacturers are a vast improvement in every way over the brick-like Detroit boxes of old.

  5. Chuck Grenci Says:

    John, do you think Hyundai is losing money on all their hybrids and electrics just to get into the game. It seems Chevrolet inferred that they are losing, with the Bolt, at the 37,500 dollar level.

    Thy Hyundai prices sure brings the cost of a vehicle (electric) into the mainstream ICE domain.

  6. Kit Gerhart Says:

    The best Ioniq will be the pure electric. Hybrids should have power splitter systems like Toyota and Ford, not 6-speed DCT’s. Using a DCT in a hybrid makes it much more complex, mechanically, while making it less smooth operating.

  7. Jon M Says:

    I’m not so sure whether asking if owners of autonomous cars will share their vehicle is the right question. Indeed, it may be hardly worth asking. If the owners of non-autonomous cars won’t share, how much difference will a KITT car make? And just for kicks and giggles, Alexander seems to have forgotten (or perhaps he just isn’t aware) but people DO “ride-share” their living rooms. It’s called Airbnb! Perhaps the question should the go something like this, “Will those same folks who are willing to “ride-share” their living rooms also be willing to share their cars?”

  8. Drew Says:

    Lex, I agree. As an example, I bought my Vanden Plas after the kids went to college. Now as young adults, they love the back seat of the Vanden Plas (from the rear DVD to the picnic trays, to the heaters and recliners), and ask why I didn’t get it when they were younger. Simple, they would have trashed it.

    To a much greater extent, rider sharers won’t respect my values of maintaining a clean interior. Far too many public transportation riders believe their conveyances are mobile trash cans. Well, not my car!!!

  9. Drew Says:

    Jon M, my condo in Florida sits empty for 10.5 months of each year because I will not “ride share” its sofa and don’t want the frustration of experiencing the disproportionate wear & tear.

  10. Kit Gerhart Says:

    The real “car sharing” will be short-term rental, not you and me “sharing” our cars with strangers.

  11. Kit Gerhart Says:

    9 Drew, my house in Indiana sits empty for 7 months of the year for the reasons you mention. Also, there is not much market for winter vacation homes in central Indiana.

  12. MJB Says:

    @1 +100

    @7 +1000

    @8 +10000 (Couldn’t agree more. I’m waiting with bated breath for my two boys to hit young adulthood before making that Mulsanne purchase for the very reason you pointed out, Drew)

  13. John McElroy Says:

    #5. Hyundai may make money on its hybrid, but almost certainly not on its EV. All automakers lose money on their EVs, including the largest EV maker of them all: Telsa.

  14. Roger T Says:

    I hear the Hyundai Ioniq is a great little car, it is already available in Europe. 130 miles range isn’t enough for making an electric car a resounding success though.

  15. Pat A Says:

    I have enough trouble with family members treating my vehicles badly. I’m this close to making some of them leave a deposit before I let them use my cars.

  16. Roger Blose Says:

    Ride sharing not in my cars!! Even the rental cars that I have driven are borderline clean inside. Wipe down the steering wheel before driving off and you will see what I mean. Coffee stains, dirty seats and floors, trash everywhere and that is with the big guys like Hertz. Let the pigs ride mass transit.

  17. Chuck Grenci Says:

    Thanks John, #13; as has been said before, the electrics won’t make (major) in-roads till the batteries come down (further) in price. These vehicles need to be on-par with ICE (cost-wise) before their other advantages can be realized. So far, most of the advantage is being, so called, green, which isn’t entirely true.

  18. Brett Says:

    I expect that eventually you will see fractional ownership like business jets. You’ll subscribe to so much utilization per month and pay for overages. Sort of a micro-lease concept.

  19. Rick W Says:

    #17, Brett. I couldn’t agree with you more.
    That’s how I see the people that are interested in car sharing subscribe to the ownership model that has worked so well under the fractional ownership model of private aircraft. The vehicle’s (aircraft) are maintained and kept very clean due to the respect of the partners involved in the agreement.

    But I still believe that the vast majority of people who elect to sign a fractional ownership agreement, car sharing agreement, will be based in cities where it makes more economical sense to share rather than own.

    The suburbs or more rural areas, like where I live, will most likely opt for for full ownership. But who really knows, we’ll have to wait and see how creative the financing companies can get when it comes to automobiles in the future.

  20. Kit Gerhart Says:

    Would fractional ownership work with cars, at least cars for “normal: use like commuting? Wouldn’t there be a lot of times that multiple partners would need the car at the same time? Maybe it would work to have multiple, small partial ownerships. Still, in urban areas, I’d think short term rentals, like zipcar would work better. Or does zipcar still exist?

    The place I can see fractional ownership working would be for “cars as toys,” like very expensive exotics. You could drive a $.5M exotic once every two weeks, for the price of a Corvette. I’d rather just own the Corvette, but I can see the appeal of fractional ownership of an exotic.

  21. Ukendoit Says:

    I could see fractional ownership working well in high density areas due to the 24hr nature of said places. Working at a hospital, there are shifts around the clock. I could easily see a vehicle picking up one or more 2nd or 3rd shift employees on the way to work where the vehicle would drop off and then pick up the first shifters ready to go home. The only question would be is the vehicle employee owned or owned by some company with monthly service subscription.