General Motors has canceled its plans to bring the Chevrolet Orlando crossover to the United States. Instead, the company will concentrate on existing models for the brand. Based on the upcoming Chevy Cruze, the Orlando will still go on sale in Canada, Europe and Asia.
“The best thing to do for Chevrolet is to focus on the brands we’ve already brought to market: the Traverse, Equinox, Malibu and, soon to come, the Cruze,” Margaret Brooks, Chevrolet’s product marketing director said. “We feel that with those vehicles, Chevrolet has plenty of options for the modern family.”
For those Americans wanting an Orlando, you can always cross the border to Canada to get one. You’ll have to pay hefty duties, though.
Move Over Porsche, Genesis Now The Most Appealing Car Brand
Genesis has unseated Porsche as the most appealing car brand in J.D. Power’s 2018 Automotive Performance, Execution and Layout study (APEAL).
Based on nearly 68,000 responses from purchasers and lessees of 2018 model year vehicles, participants who were surveyed after 90 days of ownership, APEAL measures owners’ emotional attachment and level of excitement across 77 attributes. The 2018 study tallied significant gains for some automakers, most notably Genesis.
Hyundai’s premium brand tops the list for the first ever, not only knocking Porsche to the second spot but also beating the likes of BMW (3rd), Mercedes-Benz (5th), Audi (6th) and Lexus (10th). Lincoln fared well at the number four spot.
In the mass market segment, Chevrolet and GMC ranked highest. Ram came in third, followed by Dodge and Ford, respectively .
The biggest improvements came from Mitsubishi and then Dodge, Jeep, GMC and Chevrolet in that order.
Interestingly, sales powerhouses like Toyota, Honda, Hyundai-Kia, and Jeep all scored below the industry average, but we get the feeling the result will have little to no impact on their bottom line. Find the full list below, and let us know what you think in the comments.
Hyundai Developing N Halo Sports Car
Hyundai’s new N performance division is heating up with recent introductions like the Veloster N and i30 N. Now it has confirmed that work has begun on a new halo model.
Speaking to , Thomas Schemera, Hyundai’s Vice President of high-performance and motorsport vehicles, revealed that the launch of the i30 N and Veloster N mark the “completion of the first phase of N vehicles”; the time is now right for a standalone N brand vehicle.
By the sound of things, N will be as distinguished as Nissan’s very own Nismo performance brand, if not more, or any other mainstream automaker’s performance division for that matter. The executive stated:
“The next step in the development of the N brand is a bespoke, standalone model. The whole idea is to strengthen the Hyundai brand, to bring more emotion.”
Hyundai is still deciding on what type of vehicle N’s halo will be — it could be anything from a two seater sports car to a high performance sedan like the Kia Stinger — so don’t expect to see it anytime some.
Hyundai launched the N brand with the RN30 concept (pictured) at the 2015 Frankfurt Motor Show. Scissor doors, anyone?
Hyundai Is Looking To Buy Fiat Chrysler?
That Fiat Chrysler Automobiles CEO Sergio Marchionne has been shopping for a corporate partner or a possible buyer is no secret, but could that partner / buyer be Korea’s very own Hyundai?
It was previously reported that Chinese automaker Great Wall was in talks to buy Jeep, and now a new rumor claims Hyundai will gun for a takeover of Fiat Chrysler Automobiles if the price is right.
According to sources that spoke with , Hyundai Motor Group CEO Chung Mong-koo is keeping a close eye on FCA’s stock price; once it drops to a certain level, a takeover bid will be made.
If true, the Korean automaker could make a takeover attempt before its annual shareholders’ meeting in spring of 2018, which is around the same time that FCA CEO Sergio Marchionne is expected to step down from his post.
The merger is reportedly being pushed by Elliott Management principal Paul Singer, an activist shareholder in Hyundai. Elliott Management also has a $1 billion stake in Hyundai.
Neither automaker has confirmed the talks, with Hyundai even denying it. When reached out to the Senior Group Manager of Hyundai Corporate and Marketing Public Relations, Michael Stewart about the rumor, he said “That rumor is totally groundless.”
If Hyundai does in fact takeover FCA, it would become the world’s largest automaker.