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Turbo Times
January 09, 2024
Good morning. Welcome back to Turbo Times!
Starting off with not one, but TWO idiots in cars this week…
News from The Paddock
Unveilings
Porsche Elevates EV Game with Record-Breaking Taycan Turbo GT 🏁
Porsche's new 'pre-series' Taycan Turbo GT has shattered the Nürburgring lap record for electric vehicles, outperforming its Turbo S variant by 26 seconds with a time of 7:07.55 minutes. Slated for release in 2024, this top-tier model boasts advanced aerodynamics, including a massive wing and lowered suspension. With minimal modifications, such as a roll cage and racing seats, the Turbo GT showcases exceptional speed and handling. Porsche's commitment to high-performance EV technology is evident in this groundbreaking achievement, making the Taycan Turbo GT a highly anticipated addition to the electric vehicle market. Watch the video below to see the lap 🔽
Everrati's New Electric RSR: A Modern Tribute to Porsche's Classic 🚗
Everrati has revealed a stunning electric reinterpretation of the classic 1993 Porsche 964 RSR. This homage, based on a standard 964, retains the essence of Porsche's design while swapping the traditional 3.8-litre flat-six engine for a state-of-the-art electric powertrain. The car features extensive lightweight enhancements and aerodynamic modifications, including a carbon fiber body, capturing the iconic RSR aesthetic. The interior has been revamped with lightweight seats, a roll cage, and 18-inch HRE alloys. The 63kWh battery ensures a range of over 200 miles and delivers a swift 0-60mph in 3.7 seconds. Everrati's commitment to preserving the original's weight distribution and driving dynamics makes this electric RSR a respectful and exhilarating nod to Porsche's legacy.
Sale of the Week
2024 is off to a smashing start in the auction world. Following last week's impressive Pagani sale, this week we've witnessed another extraordinary event with a 2019 Bugatti Chiron Sport fetching a jaw-dropping $3,495,000. This German-engineered marvel, listed by Legendarymotorcar and located in Lancaster, New York, is one of about 60 Sport models ever made. With just 451 miles on the clock, it's as pristine as they come. This Chiron Sport boasts a quad-turbocharged 8.0-liter W16 engine, producing a monumental 1,479 horsepower, and features a seven-speed dual-clutch gearbox and Haldex all-wheel drive. The exterior is adorned with black and red carbon-fiber bodywork and sits on 20" & 21" Course wheels. Inside, the Beluga Black leather upholstery exudes luxury, matched by carbon-fiber comfort seats and a top-notch infotainment system. This sale includes a build sheet, showcasing a total price of $3,714,500 and comes with a clean Carfax report. The combination of advanced engineering, exclusive styling, and sheer power makes this Bugatti Chiron Sport a highlight in the high-stakes world of luxury car auctions.
Just look at her… 👇️
Buying?
Luxury SUV Battle: BMW X5 vs. Audi Q7
Last week, we looked at the SUV battle between the Ford Escape and the Toyota RAV4. This week, let’s take it up a notch on the SUV scale.
Performance & Power:
BMW X5: Known for its dynamic driving experience, offering robust engine options, including a powerful V8.
Audi Q7: Smooth and steady performance with a range of engines, including a potent V6.
Winner: BMW X5 for those who prioritize driving dynamics.
Luxury & Comfort:
X5: Sports a high-quality interior with luxury finishes and customizable options.
Q7: Stands out for its elegant, spacious interior and superior ride comfort.
Winner: Audi Q7 for a premium, comfort-focused cabin.
Technology & Features:
X5: Packed with the latest tech, including BMW's iDrive system and advanced driver-assistance features.
Q7: Offers Audi's Virtual Cockpit and a host of tech features for connectivity and convenience.
Winner: BMW X5 for tech enthusiasts.
Design & Aesthetics:
X5: Bold and athletic exterior design, appealing to those seeking a sportier look.
Q7: More understated elegance, with a focus on sleek lines and sophistication.
Winner: Tie, based on personal style preference.
Brand Prestige & Reliability:
Both BMW and Audi are renowned for their brand prestige and commitment to quality.
BMW offers a balance of sportiness and luxury, while Audi is known for its refined elegance and technological advances.
Winner: Tie, as both brands have strong reputations in luxury vehicle manufacturing.
Overall Verdict:
The BMW X5 excels in performance and cutting-edge technology, ideal for those who love a sporty drive.
The Audi Q7 shines in interior luxury and comfort, perfect for those seeking a refined and smooth driving experience.
Upcoming Automotive Events
Washington Auto Show: Washington DC, USA, Friday, January 19th - Sunday, 28th January
This Week In Automotive History
First Ford Mustang Rolls off the Line – A Milestone in Automotive History
The Birth of an Icon
Original Ford Mustang
January 1964 witnessed a pivotal moment in automotive history with the production of the first Ford Mustang, a car that would soon become an emblem of American culture and automotive innovation. While the Mustang would make its official debut in April 1964 at the New York World's Fair, its initial production marked the beginning of a new era for car enthusiasts and the American auto industry.
Revolutionizing the Market
The Ford Mustang was more than just a car; it was a revolution on wheels. Its introduction challenged existing notions of what an American car should be, offering a unique blend of style, performance, and affordability. The Mustang's sleek design, sporty appeal, and accessible price point resonated with a wide audience, redefining the American muscle car.
Ford Mustang production line
A Symbol of Freedom and Adventure
From its inception, the Mustang captured the spirit of freedom and adventure. It appealed not only to traditional car buyers but also to a younger, more dynamic generation. The Mustang quickly became a symbol of youthful energy and freedom, a representation of the American dream on the open road.
A Legacy That Endures
Over the years, the Ford Mustang has evolved, embracing new technologies and design changes while maintaining its core identity. It remains a beloved icon cherished by car collectors and enthusiasts worldwide. The legacy of the Mustang is not just about the car itself but about the cultural shift it represented – a shift towards a more dynamic, expressive, and accessible automotive experience.
As we look back on that momentous day in January 1964, we celebrate not only the creation of a car but the birth of a legend that continues to captivate hearts and imaginations around the world.
Industry Insights
In 2023, General Motors (GM) maintained its lead as the top-selling automaker in the U.S., outpacing Toyota with about 2.6 million units sold, a 14.1% increase from 2022. The U.S. auto industry experienced its best year since the pandemic, with total new vehicle sales reaching approximately 15.5 million units, nearly 17% of which were electrified vehicles. Despite challenges like high vehicle prices and interest rates, robust demand led to a strong recovery, with U.S. consumers spending over half a trillion dollars on new vehicles for the third consecutive year. Electrified vehicle sales, including hybrids and EVs, saw significant growth, with Toyota's electrified sales up 30.4%. GM expects continued strong demand into 2024, forecasting total industry sales of 16 million units. However, analysts caution that high interest rates may impact demand, particularly for EVs, which are expected to account for around 10% of total auto sales in 2023
Ford, leveraging its century-long experience in truck manufacturing, has updated the prices and trim packages for its 2024 F-150 Lightning, the best-selling electric pickup in the US. After outperforming competitors like Rivian's R1T in a record fourth quarter, Ford is responding to growing demand with strategic adjustments. The 2024 Lightning's base Pro trim now starts at $54,995, reflecting a $5K increase, while the XLT trim sees a $10,000 rise, starting at $64,995. Both trims offer a 240-mile range. The Lariat trim is now priced at $79,495, with a 320-mile range, up $2K from last year. Interestingly, the Platinum models, including a matte black version, have received price cuts, with the Platinum starting at $84,995 ($7K less) and the black version at $92,995 ($5K less). Ford also introduces the new "Flash" trim at $73,495, aiming to hit a "sweet spot" in range, technology, and features. Despite the price adjustments, all 2023 and 2024 F-150 Lightning models with an MSRP under $80,000 remain eligible for a $7,500 EV tax credit.
Thanks for tuning into this week’s TurboTimes, and we’re all wishing you a happy new year!
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