AD #3048 – Genesis Reveals New Electric Concept; VW Name Change A Prank; Porsche & ExxonMobil Test eFuels

March 31st, 2021 at 11:55am

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Listen to “AD #3048 – Genesis Reveals New Electric Concept; VW Name Change A Prank; Porsche and ExxonMobil Test eFuels” on Spreaker.

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Runtime: 9:55

0:08 VW Admits Name Change Is a Prank
0:57 Tesla Can Move Forward with Rivian Lawsuit
1:34 Auto Stocks Post Solid Gains
3:15 Genesis Reveals New Electric Concept
4:05 Opel Digitizes Model Names on Vehicles
5:12 Toyota Creates Fuel Cell Powered Mobile Clinic
5:43 Subaru Introduces Outback with More Ground Clearance
6:57 Porsche & ExxonMobil Test eFuels In Racing
8:09 Canada Could Play Major Role in EV Supply Chain

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39 Comments to “AD #3048 – Genesis Reveals New Electric Concept; VW Name Change A Prank; Porsche & ExxonMobil Test eFuels”

  1. Ron Paris Says:

    The Genesis X Concept is not an SUV for one simple reason. You simply cannot make the kind of styling statement with a chunky, poorly proportioned two box vehicle that you can with a sleek, low-slung three box design.

  2. Gatwn Says:

    Why would anybody believe the lame VW execs and PR clowns that it was a “prank”, especially when it was NOT announced on April 1, as today’s show correctly pointed out?

    Of course it was not. It was a stupid, lame idea which was floated and sunk down by the public, and then the genius who came up with it, probably some VP with a totally undeserved and obscenely high salary, afraid he’d lose his annual bonus, pretends it was a prank.

    Yeah, right. Whoever believes that, I got a bridge in Brooklyn to sell her. Or him.

  3. Sean McElroy Says:

    @Ron Paris – Genesis already has three sedans that make a very nice styling statement, in my opinion. And not a single one of them is tearing up the sales chart, despite getting rave reviews. Genesis isn’t going to be around for very long if it keeps coming out with vehicles that people aren’t going to buy.

  4. Norm T Says:

    Will this bring down buying age below 60-years old?

    According to J.D. Power research, Outback buyers are 60 years of age, on average, compared with the typical Midsize SUV buyer, who is 55 years old. In fact, 72% of Outback buyers are members of the Boomer (those born between 1946 and 1964) or Pre-Boomer (prior to 1946) generations, compared with 57% of Midsize SUV buyers. Gender splits 41% women for the Subaru, compared with 42% for Midsize SUVs…

  5. Lambo2015 Says:

    So would using e-fuel also reduce carbon build up inside the engine. This could provide a nice advantage to direct injection engines that struggle with carbon build up.

  6. Lambo2015 Says:

    I’m somewhat surprised by the Tesla/Rivian lawsuit. Not claiming to know the details but way back in 2014, Musk said the automaker would make all of its patents in EV technology open to other companies getting into the electric space.
    Maybe since then he has changed his stance a bit since he tweeted just back in July this;

    Tesla is open to licensing software and supplying powertrains & batteries. We’re just trying to accelerate sustainable energy, not crush competitors!
    — Elon Musk (@elonmusk) July 29, 2020

  7. Gatwn Says:

    https://carsandbids.com/

    This new and fast growing site has mostly enthusiast cars, rare specimen with V8s and 6-sp manuals. There are about a dozen auctions a day, some with reserve, some not. It is always interesting to see people pay $30,000 for a 30 year old Toyota Supra (Landcruisers are also very popular there), and not pay even $20,000 for a V12 AMG 55 or 65!

    The site even features supercars like Ferraris, Maseratis, Bentleys, Maybachs, lots of M5s, 7 series, and E and S classes, and even a Rolls Royce Phantom (up for auction in 5 days)

    What stunned me was how a five year old BMW i8 plug-in, the sporty one that was cancelled due to dismal sales, sold recently (see old auction results in the site) for almost $80,000!

  8. Rey Says:

    Porsche not yet ready to let go of Fossil fuels, i guess it is hard to get rid of stranded assets, even if you are VW CEO H Diess,there is only so much one can do.

  9. Rey Says:

    #6 lambo, nobody took Elon on his offer, nobody publicly offered to , the gloves are off, the Ex employee took propriety information and secrets, does KFC share its recipes with the competition?

  10. MJB Says:

    #3. That’s okay Sean. As long as they’re around long enough for me to snag a GV80 and that new coupe, I’m good! ;)

  11. Rey Says:

    Canada has a town named Cobalt and the town of Sudbury has a towering giant Nickel outside the mining HQ.

  12. Kit Gerhart Says:

    1,3 Maybe Genesis are anticipating the end of the Great American SUV/CUV fad. No, I’m not serious. Car design seems to come in about 100 year cycles. In the 1920s, nearly all cars were tall, lifted two box designs. Now, in the 2020s, that idea is back.

  13. GM Veteran Says:

    I don’t buy the VW explanation either. I agree with Gatwn.

    And I don’t buy the Opel story either. To send messages to the vehicle owner, each QR code would have to be unique to that VIN. Why would they want to sign up for that record keeping headache? Nice free promo for QR codes, but I really can’t see Opel doing this. And, what about Vauxhall?

  14. Kit Gerhart Says:

    Instead of making an even more lifted Outback, Subaru needs to lower the one they now have, and get rid of the stupid body cladding and overwrought roof rack. They could call it “Legacy wagon,” or “Legacy Estate.”

  15. Kit Gerhart Says:

    2,12 Remember “New Coke”? There were similar theories about that.

  16. Kit Gerhart Says:

    15, should be 2,13

  17. Kit Gerhart Says:

    7, That is an intetsting group of cars.

  18. MJB Says:

    15 – “New Coke” haha. Perfect analogy. I just watched a History Channel documentary with my kids detailing that very incident (plus other competitive shenanigans that happened between Coke & Pepsi), which I’m sure everyone here remembers like it was yesterday.

  19. Lambo2015 Says:

    9 Not exactly true, In fact, both Mercedes-Benz and Toyota have partnered with Tesla and used its battery and electric drivetrain technology, but at the time both automakers had made sizable investments into Tesla. Tesla currently has a joint venture with Panasonic for making batteries and also sources batteries from China’s Contemporary Amperex Technology (CATL) and South Korea’s LG Chem. So the technology is being shared in a more traditional joint venture, unlike the song he was singing in 2014.

    However, hiring 178 former Tesla employees does scream breach of confidentiality agreements. That typically only happens when the old employer is going under and people jump ship to a competitor which certainly isn’t the case here. So that means Rivian was throwing enough cash their way to draw people specifically from Tesla. My only point was Elon comes off as this guy just trying to help the environment and will share everything for the greater good. “We’re just trying to accelerate sustainable energy, not crush competitors!” his words and then when competition comes a knocking on his door he has changed his tune.
    Not saying I blame him, as a technological edge is huge in the automotive industry and is valuable. I don’t think he realized how quickly others would be joining the EV market and risk his domination so soon.

  20. Kit Gerhart Says:

    Interesting, that is

  21. Roger T Says:

    #3 I think the Genesis concept is the first great looking thing the brand ever came out with. Sedan means a halo vehicle, I doubt they’re looking for volume with this one. The surprising point to me is that the electric concept still has a big grille, this I suspect may disappear in favor of texture like they show on some electric vehicles and concepts

  22. joe Says:

    Canada is a country we should do a lot more business with. They are one of our best ally and they are just next door from us. With their natural resources and ours, we could become one hell of a great team. I never understood why we have to go overseas to get our electronics or whatever, when we have trustworthy smart people right next door to us.

  23. MERKUR DRIVER Says:

    19) I sure hope TESLA has some information that shows that their former employees took actual documents/files and transferred those to Rivian. Without that, there is zero case. There have been numerous cases just like TESLAs over the years and they all go down in flames because the companies fail to prove any actual secrets were taken. Just because they hired former TESLA employees means nothing by the law. We call that experience in the real world.

    There may be a patent infringement case against Rivian. TESLA will have to prove that Rivian violated a Patent though. Hard to do when nobody has even seen it in any kind of detail. At least not enough detail to determine if a Patent has been violated. TESLA can’t use the courts to spy on Rivian through patent infringement claims so that will be thrown out also.

    Everything else is just sour grapes from TESLA because they lack the ability to retain talent. Too bad so sad for them. Treat your employees better and they won’t jump ship to your competitors.

  24. Drew Says:

    Regarding the issue about the 178 former Tesla employees at Rivian, does anyone believe Tesla only employed Silicone Valley nerds when it started? Of course not. He hired scored of former GM, Ford, Toyota, et.al. workers. Hypocrisy or short memory?

  25. Drew Says:

    24 typo correction… he hired scores of former…

  26. Philip Says:

    We loved our 1997 Subaru Legacy Outback, an all-time favorite. With that said we wouldn’t buy a new one due to them now using a CVT for a transmission. Next to the auto start-stop system the CVT is the worst thing ever imagined.

  27. Kevin A Says:

    Sean, If Genesis was smart, they would get Lamborghini to produce that show car for them off existing Lambo mechanicals in small volumes as a halo car. Hey, it worked for the Audi R8!

  28. Kevin A Says:

    Sean, I think you may have missed the point of the efuels. The same amount of carbon is in the fuel and comes out the tailpipe. The NET carbon is lower because they are offsetting what they removed from the atmosphere with what comes out of the tailpipe. It is really just a marketing ploy. If you removed carbon from the air and buried it in old mines as carbon dust, then used normal gas, you would achieve even better carbon reduction without all the complexity.

  29. JR Says:

    @22 The reason we go overseas for electronics is tied to the cost of living more than anything else. Canada is great, but the cost of living is about the same as the US. Cheap labor wins every time. If the average customer was willing to pay more for US/Canadian content, we might see a change.

  30. Gatwn Says:

    https://carsandbids.com/auctions/37ebZm67/2019-bmw-m4-coupe

    From the site I mentioned earlier, a 2019 M3 (recently they renamed the coupe M4)just failed to sell at as high a bid as $51,774. It failed because the reserve was even higher. This could well have been an almost off-lease 3 year old car, since the 2019 model year started in Sept. 2018.

    Other, even more shocking failures to sell I remember in the same site was a very old Nissan 300 ZX from the early 90s, who reached a bid of over $30,000 and still did not meed the reserve.

    Another remarkably high sale (this one met the reserve, obviously) was a Landcruiser from 2002 or so, in Lexus drab, which sold for over $60,000. A 20 year old SUV! It is almost a cult with some models on this site, like Toyota Supras, Landcruisers, and Nissan zs from 20 and 30 years ago.

  31. Kit Gerhart Says:

    26 I find it interesting how everyone hates CVTs, except for the people who actually drive them on a regular basis.

  32. Kit Gerhart Says:

    30 I don’t know when they last sold them, but the old FJ Land cruisers have truly become cult classics, and sell for ridiculous prices.

  33. Gatwn Says:

    32 those very old ones were not the ones sold for such huge prices on that site, they were normal looking Landcruisers from 1999-2002 or so, or their Lexus clones, which, if new, are only 1-2% pricier than the LC.

    Lots of the cars on that site are sold by ‘dealers’, but apparently these are just very small used car lots, and many times the cars are not mint condition, have several known faults and they do not (or are not able to) fix them before the sale.

    For most cars, the site is really a ‘seller’s market’, if you want to buy you will do better at a major dealer who usually sells it to you in perfect shape and with a warranty of at least 3-6 months, or more.

  34. Drew Says:

    I have owned two CVT-equipped vehicles. The CVT was flawless in both. They get a bum rap from “gear heads”… but an auto is an auto is an auto, and a CVT is a good, efficient transmission for mid and smaller sized vehicles. If you want gears, get a manual transmission or motorcycle.

  35. Kit Gerhart Says:

    33 It seems that, except for Nissan, CVTs have mainly been used for lower powered, lighter weight four cylinder vehicles. Nissan has been using CVTs with the V6 powered, 4500 pound Pathfinder, and I’ve heard that they have reliability problems.

    I, personally, like the “E-CVT” in Toyota hybrids. It works well, and is the ultimate in mechanical simplicity, except for BEVs.

    I like manual transmissions too, and now have two of them.

  36. Lambo2015 Says:

    If you grew up driving snowmobiles a CVT is pretty normal feeling. When I drove a Dodge caliber with one that’s all I kept thinking was a big sled. lol
    It was a rental so I only drove it for a couple days. Around town I didn’t really notice the difference. The only time it predominantly stood out was on a hard acceleration and I’d hear that engine wind up to a certain RPM and just stay there as the car picked up speed. That’s where it kind of feels like a bad transmission slipping. Except a slipping transmission does typically the opposite and RPM climb while the car stays at the same speed. So its a strange feeling at first no doubt, but like I said being around snowmobiles it was something I got used to pretty quick.
    Yea I think they work pretty well for light duty but haven’t had the best results in the heavier or vehicles that tow. I wonder what the towing capacity of the pathfinder is?

  37. MERKUR DRIVER Says:

    35) That was my impression with the CVT in my Fusion Hybrid. I only notice it the most when getting up to speed on the highway and the engine is running at a sustained higher RPM. You get used to it but it is still odd. Otherwise I don’t really care. I wouldn’t specifically seek out a CVT as a transmission choice though. If it came down to a choice between comparable cars/price points and one had a step transmission versus a CVT…I would choose the step transmission every time.

  38. Kit Gerhart Says:

    35 According to CR’s web site, the tow rating of the 2020 Pathfinder with a CVT is 6000 pounds. I suspect the transmission doesn’t last too long if you tow 6000 pounds very often. They are switching to a 9-speed for the 2022 Pathfinder.

    I have a Honda SilverWing 582 cc scooter with a snowmobile type rubber belt CVT. It works well, but the gear ratio range is not too wide, so the engine is spinning pretty fast at highway speed, hurting gas mileage. My Camry hybrid gets better mpg at 60 mph than the scooter. From published reports, the car and scooter have about the same 0-60 of ~8 seconds.

  39. Lambo2015 Says:

    37 Yeah I doubt the pathfinders transmission would do very well towing 6000lbs very much.
    Plus I’ve heard many are in need of a rebuild after a good 100k miles. I don’t know that for a fact though, just what Ive heard.

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