AD #2844 – Aston Martin Hires New CEO, U.S. Sales Forecast Shows Improvement; Rio Gets Kia’s 1st 48-Volt Hybrid Setup

May 26th, 2020 at 11:39am

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Listen to “AD #2844 – Aston Martin Hires New CEO, U.S. Sales Forecast Shows Improvement; Rio Gets Kia's 1st 48-Volt Hybrid Setup” on Spreaker.

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Runtime: 10:18

0:07 France Readies Aid Package for Auto Industry
0:44 Hertz Files for Chapter-11
1:19 Aston Martin Hires New CEO
1:51 U.S. Sales Forecast Shows Improvement
2:30 Ford Offers Less-Sporty Edge ST-Line
3:21 Cannonball Run Record Repeatedly Broken with Less Traffic
4:09 what3words Improves Package Delivery
5:15 VW Will Pay German Owners with Cheating Diesels
5:59 How U.S. Government Could Support the Auto Industry
8:48 The Rio Gets Kia’s First 48-Volt Hybrid Setup
9:24 Car Camo Can Take Up to 120 Hours to Design

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32 Comments to “AD #2844 – Aston Martin Hires New CEO, U.S. Sales Forecast Shows Improvement; Rio Gets Kia’s 1st 48-Volt Hybrid Setup”

  1. Cozy cole Says:

    Hi John. Thanks for being a ray of sunshine here in
    Eastern Pa.

  2. Lambo2015 Says:

    Debbie Dingles comments were pretty typical of any politician. 1) We need to make sure auto-workers are protected so they can get back to work. 2) We’re trying to get main street package together and working with OEMs and suppliers to make sure they have the liquidity they need? Which both sound good without any real details but the last comments was the most laughable.
    “There’s no agreement on what needs to be done on an economic agreement for a stimulus package. Should it just be for the autos or for larger consumer products like furniture and appliances as well as vehicles?
    So basically her third point was actually a question not an answer. SMH

  3. Jim Haines Says:

    Gum all Rally was the first movie about the Cannonball Run by a number of years
    Debbie Dingle sounds like another line in political hacks which she is

  4. wmb Says:

    I wonder that, with Palmer gone, will there be changes to the Lagonda brand, as it was intended under him? Will the amazing exterior styling of both the sedqn and SUV concepts change under new leadership? Will they remain BEV’s?  Will they continue to compete with Bentley and Royals Royce as originally intended? How much into the future has the restart of this marque been pushed. Will the DBX still get the BEV treatment? I understand that the new CEO will have to first right the ship and shepard the companies return to profit before he can really look to invest in other non-primary endeavors with the company. But Lagonda and the choice Palmer made, seemed (to me at least) more a labor of love and pushed through by force of will on his part. Would someone else running the company have the same follow through, same vision as he had for that brand, especially in terms of electrification? I guess we’ll just have wait and see! 

  5. DanaPointJohn Says:

    Good well-thought-out comments from Rep. Dingell on the current status of the auto industry, and what needs to be done to resume production.

    Sadly though, her saying “There’s no agreement on what needs to be done on an economic agreement for a stimulus package” is all too true. The roadblocks preventing a stimulus package from being passed NOW, are not going away anytime soon. The OEMs can build and ship all the cars they like, but adding them to the millions of cars and trucks currently sitting on dealer lots, is a waste of time, money and energy. Unless consumers start purchasing vehicles at a fast rate, what’s the point?

  6. Lambo2015 Says:

    Car Camo taking 120 hours to design? Jethro and Cletus can camo your truck and tires in an hour with 6 rattle cans.
    Is the cost really worth it? In this day and age by the time working prototypes have hit the road you can almost always find spy shots or renderings online. GM did a pretty good job trying to keep the mid-engine vett hidden and still tons of photos could be found. Does anyone really care about the refresh of the next Kia Rio? Not sure how the justify the cost.

  7. Kit Gerhart Says:

    I don’t see how Aston Martin can survive, long-term. They have some great looking cars, but is there that much market for $200K-300K cars with engines not their own? I guess time will tell.

  8. Kit Gerhart Says:

    6. The Rio refresh is for the rest of the world, not the U.S. Rio has sold over 400K globally in some recent years, not VW Golf volume, but not bad.

  9. Charles F Says:

    Wasn’t the Ford Fiesta ST-Line actually the first of the ST-Line branded vehicles? I remember seeing one at the local Ford dealer when I was there earlier this year getting an oil change on my “real” Fiesta ST! The example I saw looked good, but the cost was really close to what I paid for my 2016 ST; not worth it in my opinion, plus it’s all “show” and no “go”!

  10. Lambo2015 Says:

    5 If her comments had been well-thought out, she would have said something of substance like; We are providing zero interest short term loans to help get automotive manufacturers and suppliers through this period of starting back up and the 60-90 days before they get paid. The real problem they face and not same old make sure they have masks and we cant work together to agree on how much more money to throw at people.

    The people that got laid off got an extra $600 on top of their unemployment (some made more than when they worked) and those that didn’t were still working. Why do they think they need another stimulus package?

  11. Kit Gerhart Says:

    Averaging 108 mph for the Cannonball run is insane, seriously. They have been very lucky not to have any really nasty crashes, given the lack of attention by many drivers of what is going on around them, even without a car coming up from behind at 120 mph.

  12. Lambo2015 Says:

    8 I wasn’t saying that it mattered in the US. I was saying it doesn’t matter anywhere to spend the kind of money to camo a refresh of anything and just picked the Kia Rio as an example. I couldn’t care less how many they sell.

  13. Kit Gerhart Says:

    10. If, and it’s a big if, car sales soon return to anything close to what they were before the plague arrived, the auto workers and most of the car companies and suppliers might be ok. A bigger problem will be the many restaurant workers, many barely squeaking by, who will not be able to pay the rant, etc. Those jobs won’t be coming back any time soon, if ever. The restaurants can “open up,” but being older and having some other risk factors, I won’t be going, until there is a good vaccine or treatment for this thing. There are no easy answers on how to deal with it, even if the politicians were serious about things, which they are not.

    Maybe the daily rental companies should get into the business of renting minivans and CUVs for summer vacations, to people with EVs, who don’t want to add 25-30% to their travel time, and/or want some extra space for their vacation travel.

  14. Kit Gerhart Says:

    12. Huh? I was saying the the Rio refresh probably does matter globally, but not in the U.S.

    I didn’t mention the camo, but it seems pretty silly to me, anywhere.

  15. Lambo2015 Says:

    13 Yea it will be interesting to see if vehicle sales and the economy gets rolling again since it wont pick up where it left off. In Ohio things are just about back to normal and people are flocking to eat in restaurants again.
    They may have to make a few cuts but I would bet they will need their full staff soon as the distancing can stop.

  16. Kit Gerhart Says:

    15. The daily case rates have already started to increase in some of the states that started to “open up” early, like Alabama and South Carolina, and to a lesser extent, Georgia. If people in Ohio are packing the restaurants and bars, the state will probably soon follow.

    This virus has not gone anywhere, but physical distancing, and the closing of crowded venues has slowed down the rate of transmission. It seems a lot of people now want to reverse that.

  17. Larry D. Says:

    “A less sporty Edge” from Ford? This sounds so hilarious, it is almost as hilarious as a “less sporty Camry” or Corolla.I had no idea that that breadvan was considered even remotely a ‘sporty vehicle”. Maybe the “sport” is to be interpreted as that in “SUV”, where S also is supposed to be “sporty”. Thanks for the laughs, Ford!

    PS You can be sure I utterly skipped the Dingel passage. This parasite and especially her late husband, a powerful Congressman who abused his power from dawn to dusk every day, to get pork to his cronies, show all that is wrong with our corrupt Congress. And the corruption is LEGAL, with lobbying and all.

  18. Larry D. Says:

    French Support for that loser Renault, as in Renault-Nissan. There go 5 billion hard earned taxpayer Euros… and it could not be a less promising investment. I wonder how the French stock market reacted. In the US, it seems market optimism is out of control!!

  19. Larry D. Says:

    Common Sense. I have been actively promoting less business travel myself, every time I was asked to evaluate a research proposal, I would cut the travel fat to the bone in my evaluation and recommendations. I must have done this over 100 times over the years:

    “Akio Toyoda (pictured, left) recently told investors and shareholders he’s cut Toyota’s travel budget this year by 80%. He told them he’s spending a lot less time in meetings and has cut his paperwork in half. He says the pandemic has opened his eyes to new ways of working.”

    From John’s editorial at Ward’s:

  20. Larry D. Says:

    I agree with John’s opinion, less travel will mean much less daily rental, and the daily rental fleet purchases from usually poor performing automakers (Nissan, Ford, GM) or not (Toyota) will PLUMMET. This used to be from 10-33% of total sales. BUT some automakers, like HONDA and the Luxury Germans, and above all TESLA, have nothing to fear, since they never sold bargain basement fleets to Hertz and its surviving competitors.

  21. Larry D. Says:

    20 and I just found strong evidence that Tesla should not worry much: a $13,000 incentive will make the Model 3 OBLITERATE the 3 series, which was already as cheap (or as expensive) as the Model 3.

  22. Larry D. Says:

    Just saw our African-American Janitor (who has a daughter called “LExus”, if I heard right) drive off in her vehicle, which turned out to be a white Jeep Cherokee (not the grand one), not the later models, but the very boxy one, not sure, may be more than 15 years old. I wonder how bad the reliability is.

    it is ironic that in the case of Mercedes, it was the other way around, the brand was named “Mercedes” after the daughter of a Spanish ambassador or something.

  23. Kit Gerhart Says:

    The Fiesta and Focus ST were actually sporty versions of those cars, quick, good handling, and with manual transmissions. Now, Ford is using the ST moniker like Chrysler used R/T in the days of Journey and Caravan R/Ts. Now, FCA is using R/T in a semi-meaningful way, only on Charger and Challenger with with a fairly large V8.

  24. Larry D. Says:

    Αs long as there is no vaccine for CV, people will shun any type of mass transit IF they can avoid it, and use their OWN (NOT Time-Share or Carpool!) vehicles. We used to have DOZENS of carpool vans here, many people live a long way from their offices, esp secretaries and maintenance staff who have fixed hours and regular schedules, and teamed up with neighbors and others on their route, to carpool 4-6 in each van.

    What this means is, when the place is fully opened again, 90% of these folks will substitute the ONE minivan with 4 to 6 SUVS and Pickups (their cars of choice) and drive 4 to 6 tiomes the mILES they used to drive.

    This should keep the automakers busy and gas prices not too low.

  25. Bob Wilson Says:

    According to CNBC (see web link), Tesla announced:

    “Tesla said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.”

    “The company’s Model S sedans will now be priced from $79,990, and its Model X sport utility vehicles from $84,990, according to its website. The cheapest Model 3 sedan will be priced at $37,990, the website said.”

    “Tesla said it will also cut prices in China, the company’s usual practice after price adjustments in the United States.”

  26. Kit Gerhart Says:

    22. Those old Cherokees, at least the powertrain, were reasonably reliable, at least for cars of the ’80s. Most of them used the old AMC 4 liter 6, and an Aisan automatic.

  27. Kit Gerhart Says:

    23. …and make traffic and parking horrible in areas where that happens.

  28. Larry D. Says:

    25 Today there is a live NASA-SpaceX launch at about 4:40 PM ET. I watched a NASA Q and A yesterday, after a brief and almost fact-free presentation. Some of the questions were even worse, some ridiculous journalist accused NASA of lack of transparency because they did not reveal what astronauts have for breakfast to some 6th grader. (They replied that they can have anything they like). I think I noticed a Tesla X in the Video, with the NASA logos all over it. If it was up to me, it would be a Model S, but I guess the X has a bit more “utility”.

  29. Larry D. Says:

    26 Our North Campus keeps building new lots, actually these are no buildings but surface lots, so they can easily quintuple their capacity by building a 6-7 story parking structure on them. The view from my window used to see, as a Virginian colleague called it, “The Wilderness”, but recently they built a big windowless Building housing power plants etc, which took 1/3rd of that view away.

  30. joe Says:

    To larry D 20

    You say “TESLA, have nothing to fear, since they never sold bargain basement fleets to Hertz and its surviving competitors”.

    How about this? I bet you make stories up trying to impress the readers.

  31. Kit Gerhart Says:

    27. SpaceX has a few Tesla company cars, but they seem to save money on other vehicles. At KSC and Cape Canaveral air force stations, I see what look like old UPS trucks, painted white, with the SpaceX logo on them.

  32. Lambo2015 Says:

    30 :_o