Base Tesla Model 3 gets more range, slower acceleration, $8,000 price hike vs. earlier this year - Green Car Reports

Base Tesla Model 3 gets more range, slower acceleration, $8,000 price hike vs. earlier this year  Green Car Reports

Tesla Model 3 loses key Consumer Reports rankings - CNN

The car also was stripped of its designation as Top Safety Pick+ from the Insurance Institute for Highway Safety.The moves came after Tesla announced that, as of May 1, its Model 3 and Model Y SUVs replaced the radar based system it used to detect obstacles with a camera-based system it dubbed “Tesla Vision.””These will be the first Tesla vehicles to rely on camera vision and neural net processing to deliver Autopilot, full-self driving and certain active safety features,” said a statement that Tesla posted on its website. Tesla did not respond to a request for comment about the changed ratings designations.The change in technology prompted the US federal safety regulator, the National Highway Traffic Safety Administration, to drop the cars’ listing as having automatic braking or a front collision warning system. And that, in turn, prompted Consumer Reports to change its rating on the Model 3.”To be considered for a Consumer Reports Top Pick, a vehicle must be recommended and have standard front collision warning and automatic emergency braking with pedestrian detection,” said Consumer Reports in a posting on its site. Without those features the Model 3’s overall score dropped to 75 from 78, although it retained its “recommended” status. The Tesla Model Y—which was not a recommended vehicle—drops from 50 to 47.Jake Fisher, senior director of Consumer Reports’ Auto Test Center, said he was surprised that Tesla would do away with the radar. “In general, more sensors are more helpful,” he told CNN. “But I cannot make a judgment as to whether this is better or worse.”He said it is disappointing and unusual for an automaker to drop a safety feature. “I don’t understand why they would, unless it’s another reason, like parts availability,” he said.Many automakers, including Tesla, have been struggling to get enough computer chips to build their cars. Fisher said the change by the federal agency prompted Consumer Reports’ actions, not any of its own testing. “NHTSA only includes check marks for the technologies on a vehicle model that have been either verified by NHTSA or reported by the vehicle manufacturers as meeting NHTSA’s performance criteria,” said a statement from NHTSA about its action. “We removed the check mark because we have no test results for Tesla’s recent changes.”The IIHS said it plans to conduct tests soon on the new camera-only system, and that it is possible it will restore the rating. “Tesla informed us directly of the changes they were planning, and we let them know we’d need to test the camera-only system before extending the Top Safety Pick+ award to vehicles with that system,” said IIHS spokesman Joseph Young. It still lists the earlier versions of the Model 3 as a Top Safety Pick+. It has no rating on the Model Y.

Tesla Model 3 Loses Coveted 'Top Pick' Consumer Reports Rank - Bloomberg

Tesla Model 3 Loses Coveted ‘Top Pick’ Consumer Reports Rank  Bloomberg

Client Report's Checklist Of Worst Used Cars In the marketplace

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Geely bets on bigger cars for growth with new plant, reports say

BEIJING -- China's Geely is building a new plant to produce a quarter of a million bigger-sized cars that it expects will power future growth and help meet its goal of selling more than 2 million vehicles by 2020, two people familiar with the matter said.

Zhejiang Geely Holding Group Co., one of China's five biggest automakers and the owner of Volvo, is building the facility in the eastern port city of Ningbo where it already operates an assembly plant, as per the sources and information on a Geely-owned construction bidding procurement website.

Once known for its cheaper, copycat designs and shoddy quality, Geely has assumed upmarket aspirations after the Volvo deal and has expanded sales significantly since 2016 by banking on smaller compact cars.

The planned capacity increase underscores its ambitions as well as the shift in customer preferences toward bigger vehicles such as utilities and minivans in China, the world's biggest auto market.

The new capacity will enable Geely to produce roughly 250,000 more cars a year in Ningbo and add larger cars to its lineup, as well as ramp up launches at its new brand Lynk & CO, which Geely came up jointly with Volvo.

The plant will have two assembly lines. According to information on the Geely-owned website, the automaker plans to spend 3.4 billion yuan ($498.3 million) for one of them. The overall investment planned for the plant was not immediately known.

Geely unveiled two years ago its goal to produce and sell 2 million vehicles and become a major global automaker by 2020. It has made steady progress towards that, with sales of Geely branded vehicles forecast to reach 1.58 million vehicles this year.

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LMC Automotive's senior market analyst, Alan Kang, says global automakers such as Ford Motor Co. and Hyundai Motor Co. are now losing market share to Geely in China with customers flocking to an array of compact cars Geely has developed by benchmarking Volvo technology and expertise.

Those Geely vehicles, such as the Boyue utility and Borui sedan, are priced at 100,000-160,000 yuan ($14,600-$23,400) and 120,000-180,000 yuan ($17,600-$26,300), respectively.

"But they need bigger, fancier cars to keep growing," LMC's Kang said. "Geely needs to do that to better compete with global brands." Geely also needs bigger cars to raise transaction prices to grow revenue.

Stretched resources?

Some question how much longer Geely would be able to sustain the break-neck expansion within China and globally. In addition to Volvo, Geely invested in a 49.9 percent stake in Malaysia auto manufacturer Proton and, through its founder, bought almost 10 percent of German car maker Daimler AG .

"No doubt Geely's resources are getting stretched thin, and that's testing the limits of management, engineering capability, marketing, and brands," said James Chao, an independent auto industry consultant.

Geely's quality too has room for improvement. Buyers of Geely cars have complained on social media about engine lubricant oil leaks, wind noise and vibrations, rusting, suspension issues, among other gripes.

For the Geely brand, the company plans to use the new capacity to add to its product offerings several midsize vehicles designed on a new platform called D-segment modular architecture.

Among those midsize crossovers is a three-row, seven-seat SUV, similar in size to vehicles such as the VW Teramont and the Toyota Highlander, a category that is not represented in Geely's current product lineup.

Geely also plans to leverage the planned new capacity to expand the product lineup of Lynk & CO. Among the new cars Geely plans to produce for Lynk & CO are a three-row, seven-seat crossover which has been designed by Lynk & CO using Volvo's platform for larger cars.

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