Trade News

Lamborghini's first electric vehicle will be a four-seat, two-row SUV similar in size to its top-selling model, the Urus. But the Volkswagen Group's supercar brand will continue to produce limited runs and special editions of current and previous models. However, its first full EV won't arrive in the U.S. before 2028.

The brand's entire range will be electrified in 2024, relying on hybrid motors and small batteries to reduce carbon emissions, with more EV models coming on the group's SSP architecture.

Lanzador: With help from Porsche and Audi, Lamborghini is continuing development on its all-electric SUV, shown in concept form as the Lanzador.

The 2+2 GT vehicle will likely take advantage of the new SSP architecture. It is unlikely to reach the U.S. before 2028.

Urus: Lamborghini's volume model underwent reengineering to accommodate a plug-in hybrid powertrain in 2023 with its new Performante trim. Engineers squeezed …

Rolls-Royce will silently glide into the electric age this winter with the arrival of the Spectre — the British marque's first battery-powered vehicle.

The 2024 Spectre starts at $420,000 and promises performance in an ultraluxury package.

The coupe is "a Rolls-Royce first and an electric car second," CEO Torsten Müller-Ötvös said.

The tony BMW Group subsidiary is the first major ultraluxury brand to launch an electric vehicle, putting it ahead of rivals Bentley, Aston Martin and Ferrari.

All new Rolls-Royce models will be zero-emission as the brand goes fully electric by 2030, with all combustion engine models being retired after the 2031 model year.

Until then, Rolls-Royce won't leave V-12 enthusiasts in the cold.

"We've not fallen out of love with V-12, and we'll invest in it to meet new requirements," Müller-Ötvös told British publication Autocar this year.

Electric crossover: Rolls-Royce's planned second EV — a full-si…

Ferrari's trademark performance will be bolstered by electric and hybrid powertrains in the years ahead, but it also plans to evolve the internal combustion engine.

The automaker expects electric and hybrid models to account for 80 percent of its sales by 2030. Ferrari's business plan indicates the "hybrid engine can further increase performance."

Ferrari also says it will continue to "push the internal combustion engine evolution and, with the support of partners, will develop solutions in energy efficiency and alternative fuels to build on an essential part" of its heritage.

The automaker has said it will use a new "e-building" at its Maranello, Italy, plant to handle development and assembly of electric motors, inverters and battery modules for its electric vehicles.

EV: The brand's first battery-electric vehicle, slated to be unveiled in 2025, could debut in the U.S. for 2026.

Ferrari said the EV's "unique features, leveraging the ra…

The No. 1 challenge for building electric autos is cost, said Joerg Reger, managing director of ABB Robotics. The Swiss production innovator is addressing that by making its robots more adaptable and more autonomous. Reger, 56, told Automotive News Europe Correspondent Nick Gibbs why ABB is seeing a surge in auto plant investment during an interview at the company's R&D center in Friedberg, Germany.

Q: What is the biggest problem you are being asked to solve in automotive manufacturing today?

A: The biggest challenge our customers face is managing a broad range of vehicle variants. Everybody has to be very, very flexible. This includes the production lines. We offer flexible cells with a standardized design supporting multiple applications, for example, for gluing, for sealing, for spot welding, for arc welding or for assembly. These cells are supplied by autonomous mobile robots that bring the warehouse closer to the production line. In old plants you sti…

WASHINGTON — As car dealers anxiously await details on how tax credits will be applied to eligible electric vehicles at the point of sale as soon as Jan. 1, some are worried about a Cash for Clunkers scenario that could leave them footing the bill for several months.

Starting in 2024, eligible EV buyers will be able to transfer federal tax credits to dealers and use those funds as a down payment. The credit transfer is allowed under the Inflation Reduction Act's Section 30D credit for new EV purchases and Section 25E credit for used EVs, which provide consumers with up to $7,500 and $4,000, respectively, if certain requirements are met.

The U.S. Treasury Department said participating dealers will be able to register via an online IRS portal in the next few months. In January, those dealers will be able to submit EV sales information to the IRS and "promptly receive payments for transferred credits," Lily Batchelder, assistant secretary for tax…

McLaren Automotive is looking toward transformation as the purveyor of two-door sports cars considers a bigger, more profitable market — four-door, utility-type vehicles.

In April, without revealing details, McLaren told retailers it would bring "another class of automobile" in the decade's second half. According to retailers, McLaren's director of product strategy, Jamie Corstorphine, said, "Stay tuned. It may have four doors and four seats."

McLaren is fashionably late to the mid-six-figure luxury utility vehicle club. Competitors Bentley, Lamborghini and Rolls-Royce have successfully launched SUVs, while Ferrari's first utility vehicle deliveries begin this year.

McLaren plans to transition to a 100 percent electrified portfolio by 2026. But the automaker isn't ready to commit to battery-only power.

"McLaren doesn't feel EV technology is there," a retailer said. "It's an answer, but it's not the answer."

The British marque is also exp…

There isn't much time left to get a new V-8-powered Maserati.

Maserati is dropping the V-8 engine in the Levante, Ghibli and Quattroporte at the end of the year as it transitions to electric vehicles. The brand plans to go all-electric by 2030.

Levante: A redesigned Levante may move to the STLA large platform, which will underpin a range of Stellantis electrified vehicles, around 2026 as an EV.

Grecale: The Grecale midsize crossover that debuted in 2022 offers conventional and mild-hybrid engines. An electric version is coming in 2024.

MC20: The sports car's gasoline-powered version has a twin-turbocharged V-6 engine that generates 621 hp. The MC20 speedster will get an electric version in 2025.

Quattroporte: A redesigned Quattroporte could arrive in 2025.

GranTurismo: The GranTurismo coupe and its convertible counterpart will get electric variants in 2024. The electric option tops 1,200 hp.

Ghibli: P…

As the historic UAW strike enters its third week, dealers hope preparation will be enough to cushion the blow and keep service departments humming as the labor unrest hits closer to home with more than three dozen parts facilities being taken offline by the union's latest tactic.

UAW President Shawn Fain announced on Friday that 38 General Motors and Stellantis parts distribution centers in 20 states that package and ship parts used to repair customers' vehicles will join the strike. This could negatively impact dealership service departments to repair and maintain vehicles, which can account for at least half of a store's annual profits.

"All dealerships across the country have got a shop full of customers' cars that need to be repaired," said Ben Keating, owner of Keating Auto Group, which includes two GM dealerships and four Chrysler-Dodge-Jeep-Ram stores throughout Texas.

Despite the impact, Keating said the decision to strike at the parts distribut…

Aaron Zimmerman vividly recalls the aha moment when he realized service advisers at the dealership group where he worked several years ago knew nothing about the very metrics used to rate their performance — and determine their pay.

"I was in a meeting with a general manager who was getting on his advisers pretty hard about a decline in their key performance indicators, like hours per repair order and effective labor rate," said Zimmerman, a corporate fixed ops director at the time. "And I saw a lot of blank faces."

Nobody knew what an effective labor rate was, said Zimmerman, a 2023 Automotive News 40 Under 40 honoree and now corporate fixed ops director at Len Stoler Automotive Group. The group owns 10 stores in Maryland and New York.

"We wanted to hold advisers accountable to certain KPIs, but it's hard for them to do that if they haven't been taught what they are," he said. "You can't change or improve on what you don't know."…

LONG BEACH, Calif. — From the outside, the intricately woven amalgam of metal pipes and tanks built and owned by FuelCell Energy Inc. alongside the entrance to Toyota's main California port here could pass for a miniature old-school oil refinery.

But looks can be deceiving, because the products — hydrogen, electricity and water — coming out of this first-of-a-kind processing facility are as clean as oil is dirty. They are distilled from a naturally occurring byproduct of rotting waste that otherwise would end up fouling the atmosphere, and in a unique pilot program, will be used by Toyota for the next 20 years to aid its port operations here, just a short distance from the Pacific Ocean.

Called Tri-gen, the small plant transforms biogas — methane polluted with other contaminants captured and carried by pipeline from a nearby anaerobic digester — into an adjustable combination of up to 2.3 megawatts of electricity, 1,200 kg of hydrogen and 1,400…