The month of May has been a busy one for the automotive industry. Some shocking future vehicle plans, the end of the line for certain models, model makeovers, and more have dominated the news. Here’s a look at the top nine automotive news stories for May 2019.
9. Mini Pumps Up JCW Clubman and Countryman
After fans have asked for it, Mini announced it has finally pushed output for the 2020 John Cooper Works Countryman and Clubman to over 300 horsepower using the same 2.0-liter engine as before. That extra power means a 0-60 time that’s 1.5 seconds quicker.
8. Dodge Challenger Sales Surpass Chevy Camaro
GM has had a rough time with sales volume lately, and that means its venerable muscle car, the Camaro, has been surpassed by the Dodge Challenger for the first quarter of 2019. This follows after the Challenger also outsold the Camaro by a wide margin for 2018.
7. GM Winning Truck Transaction Price War
While the Chevy Silverado 1500 has been knocked out of second place for sales volume by the Ram 1500, GM apparently has the last laugh. The auto giant is flogging the competition when it comes to the average transaction price for its full-size trucks, especially the GMC Sierra 1500.
6. Audi TT Goes Bye-Bye
2019 is the final production year for the Audi TT, the little car that launched in 1998 and helped revolutionize the German brand’s styling. Reports indicate a replacement for the TT is coming soon and it will be all-electric. Other Audi models are at risk of being killed off as well.
5. Tesla Looking to Shed Financial Baggage
Before it starts production of the Model Y crossover, Tesla is looking to ditch any and all financial dead weight. A leaked email from CEO Elon Musk to employees said the automaker has 10 months to break even financially. Wall Street analysts and investors didn’t like this news, which could put Tesla in danger.
4. Ferrari Officially Announces SUV
After resisting the idea for years, Ferrari has finally caved and will produce its own SUV model. The Ferrari Purosangue will debut in 2022 as a hybrid, replacing the controversial GTC4Lusso. Ferrari is avoiding calling this new vehicle an SUV.
3. Hyundai Makes Strategic Investment in Rimac
Hyundai announced it will invest 80 million Euros in Rimac, a Croatian electric automaker, forming a new strategic partnership. Two new Hyundai vehicles will be released next year as a result. One will be an all-electric N model. The other will be a high-performance fuel cell vehicle.
2. McLaren Reveals Its New GT
It’s not every day McLaren unveils a completely new model line. The British brand is trying to appeal to people who want comfort as well as performance, which is exactly what the new GT promises. The twin-turbo 4.0-liter V-8 pushes the McLaren GT from 0-60 in just 3.1 seconds. The starting price for this ride is a cool $210,000.
1. Fiat Chrysler and Renault Could Create One Big Automaker
We’ve known for a few years that Fiat Chrysler is interested in merging with another major automaker, but news that it’s in negotiations with Renault was a bit of a shock. While Renault is considering the proposal, everyone is wondering what this means for Nissan and Mitsubishi.