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Source : luxist
Rich - Luxury - Stuffs
Chrysler fired its biggest salvo yet in the CUV wars by officially unveiling the Dodge Journey in front of a throng of mildly interested in journalists. Truly, if you've seen one CUV, you've seen them all, and the Dodge Journey is all kinds of derivative. Coming from the automaker that brought us the Viper, Charger, Magnum and Challenger Concept in recent years, the Journey's design comes off as eminently safe. Perhaps Dodge is playing to the middle with this one, hoping to boost sales by appealing to the masses. What will sell the Journey are some of its clever interior storage solutions, including two bins in the floor directly behind the front seats, and more storage underneath the front passenger seat cushion. While the Journey could seat seven in a pinch thanks to its optional third row, it's obvious after having seen it in person that those venturing aft must be small and limber. What won't help the Journey is its powertrain lineup, which includes a 2.4L World Engine four-cylinder with unimpressive fuel economy, a 2.7L flex-fuel V6, and a 3.5L V6 that produces a meager 235 HP. The latter mill is mated to a six-speed automatic, but is still noticeably underpowered compared to other 3.5L V6 engines offered by its competitors while not delivering an appreciable gain in fuel economy to make up for it.
Europeans, however, can also choose 2.0L turbo diesel producing 140 HP and 229 ft-lbs. of torque, which is then mated to a trick dual-clutch six-speed automatic. Sigh... the grass sure is greener over here in Frankfurt, at least for Dodge Journey customers.
Our man on the floor, Jonathan, snapped a set of live shots of Mitsubishi's Concept cX after the automaker took the wraps off its dual-purpose crossover. The AWD concept draws cues from the recently redesigned Lancer, with a mildly raked front clip, tautly drawn headlamps, a gaping maw and a duo of heavily accented swage lines that flank the hood and sides. Power comes via a 134 HP 1.9-liter variable turbine geometry-equipped turbo diesel making 206 lb.-ft. of torque. Grunt is sent to all four wheels via a dual-clutch SST automated manual transmission, while the exterior is made of more eco-friendly elements, including organic resin from bamboo.
PRESS RELEASE
Mitsubishi Concept-cX
Dual peace of mind
Building upon seventy years of 4-Wheel-Drive expertise, Mitsubishi Motors Corporation (MMC) is in a privileged position to appreciate the customer benefits of this technology, both in terms of on-road active safety and off-road ability, from Lancer Evolution to Pajero.
In parallel, MMC is acutely aware of the pressing issues brought by climate change and is implementing a holistic environmental global strategy, through its "Environment Initiative Program 2010" (EiP 2010) umbrella program.
Combining these two "piece-of-mind" approaches, Mitsubishi Motors introduces Concept-cX at the occasion of the 62nd Frankfurt Motor Show: a vibrant demonstration that driving pleasure and corporate responsibility are not mutually exclusive and the showcase for the CO_ friendly all-new Euro 5 Clean Diesel family of engines, co-developed by MMC and Mitsubishi Heavy Industries Ltd. and to be launched in 2009.
Ingrained guiding principles
Mitsubishi Motors Corporation's corporate citizenship and its concern over environmental issues is neither a recent phenomenon nor a quick marketing trick.
Indeed, they are deep-rooted in Mitsubishi's corporate culture, as formalized in several guiding principles edicted in the 1930's by Koyata Iwazaki (of the founding Iwazaki family) the fourth and last President of the old Mitsubishi organization:
- Enrich society – both materially and spiritually – and safeguard the global environment.
- Conduct business in the spirit of integrity and fairness and on a foundation of transparency and openness.
- Adopt a global perspective in developing and expanding business.
A few decades later, these principles are very much alive and respected throughout the Mitsubishi group of companies.
The first of these principles was the trigger for MMC's continued efforts in the area of environmentally-friendly technology, from the MCA (Mitsubishi Clean Air) engine technology of the 1970's to today's wide spectrum of solutions.
Since the 1993 Mitsubishi Motors Environmental Council, MMC has formalized its commitment to use its engineering expertise to contribute to a cleaner environment.
As a reminder, Mitsubishi Motors Corporation has adopted an all-embracing approach in addressing global environmental issues. Under its "EIP 2010" ("Environment Initiative Program 2010") umbrella project, the Company is actively engaged in the development of a wide range of such technologies, covering:
- Powertrains (see below)
- Materials (plant-based "Green Plastic",...),
- Processes ("Design for Environment" guiding principles,...),
- Manufacturing (pollution-prevention and recycling measures).
- Conservation ("Pajero Forest & Local Mountain Restoration Initiative" aiming to conserve and cultivate Japan's forests and woodlands,...).
Europe = Next Generation Clean Diesel
Whilst pursuing long-term fundamental research & development, Mitsubishi Motors has taken a very down-to-earth view on marketable "green" technologies to make a bigger impact short term.
In particular, MMC has decided to go regional with powertrain solutions matching the everyday reality of very different regional needs, driving patterns & infrastructures:
- Clean Diesel Euro 5 family of engines for Europe,
- Next-generation electric vehicle for Japan,
- Flexible fuel vehicle for Brazil,
Considering the overwhelming importance of Diesel in Europe (50+% of sales in average), the most effective short-term was to elect Diesel as the low CO_ solution for this region, as opposed to fancier technologies, ultimately limited in impact by cost, sheer volume or recyclability.
There lies the strategic importance of MMC's next generation of Euro 5 Clean Diesel engines. Developed jointly with Mitsubishi Heavy Industries Ltd., this new family of powerplants is a key element in Mitsubishi Motors' efforts to lower CO_ and other greenhouse gas emissions.
Features contributing to the new engine's class-topping power output and Euro 5 emissions performance include a new high-efficiency turbocharger and high-efficiency combustion characteristics that stem from the application of own analytic technology of Mitsubishi Heavy Industries and Mitsubishi Motors.
Consistent with its no-frills approach, MMC has taken the decision to bring forward to early 2009 the start of production of this family of engines to Europe, one full year earlier than scheduled (following the European introduction, these powerplants will also be phased into other markets). This advancement will allow MMC to meet the needs of the growing number of environment-conscious customers quicker and make de facto a more substantial and short(er)-term impact.
Real World
In this context, Concept-cX represents a proposal for an accessible, affordable, sustainable and realistic solution to today's pressing issues, whilst preserving authentic driving pleasure.
Case in point, Concept-cX follows the popular compact SUV route to carry this message right at the heart of the market, where SUVs are one of the fastest growing segments.
Sharp in design and in dynamics, Mitsubishi's Concept-cX boasts an excellent environmental performance to be seen in the (targeted) low fuel consumption and emission levels achieved by its 100 kW (136 ps) @ 4,000 rpm / 280 Nm @ 2,000 rpm next generation 1.8-liter Clean Diesel DOHC 16 valve 4 cylinder engine. Amongst other technologies, it features a variable geometry (VG) turbocharger – to generate optimum boost pressure for all engine loads – as well as a DPF (Diesel Particulate Filter) and a DOC (Diesel Oxidation Catalyst).
For this concept car application, the 1.8 l Clean Diesel engine is mated to Mitsubishi Motors' Twin Clutch SST technology. Recently announced, this automated manual transmission combines the economy and dynamic driving of a manual transmission with the convenience of an automatic gearbox. In essence:
- High power transmission efficiency and low fuel consumption, on par with a conventional manual unit.
- Slick, sporty gear changing with no clutch pedal.
- Quick response and smooth shifting.
Concept-cX's further green credentials include eco-friendly "Green Plastics", MMC's proprietary plant-based resin technology - made from bamboo and other plant-based resins - effectively used for interior trim materials, such as floor mats, door trim, tail gate trim and seat back panels.
On-road demand
Surfing on the popular compact SUV wave by strategy (up 54% from 325,000 in 2001 to 500,000 in 2006 and with further 35% growth expected between 2006 and 2009) and by heritage (from the 1936 PX33 to the 2007 Outlander, L200 and Pajero), Concept-cX does acknowledge the essentially on-road usage of these vehicles.
Trendy substitutes to more conventional formats such as MPVs, compact SUVs add a bit of shine to utility whilst fulfilling all the duties expected from compact family cars. Hence the split tailgate used by Outlander but also Concept-cX for instance.
Compact (410 cm), low (155 cm), wide (175 cm), sitting on a long wheelbase (252,5 cm) & wide tracks (151 cm/151 cm) and planted on its 225/45R19 tires, Concept-cX offers passenger car-like stance and dynamics, as suggested by its gaping Lancer "Jet Fighter" grille.
Its on-road abilities are further enhanced by the use of Mitsubishi's sophisticated AWC (All Wheel Control) technology, similar in essence to the device successfully introduced with the new Outlander.
This electronically controlled 4WD system offers the driver a choice of three modes (2WD, 4WD Auto, 4WD Lock) to match traction control to his preferences or driving conditions. The center differential features an electronically controlled coupling that uses feed-forward control to determine the optimum front/rear torque split from sensor data on throttle opening, vehicle speed, road conditions and driver inputs.
Jet fighter
Featuring the "Jet Fighter" grille introduced with the all-new Lancer family and using a derivative of Outlander's 4-Wheel-Drive drivetrain, Concept-cX does create an interesting link between Mitsubishi's passenger cars and SUVs, an intention clearly visible in its exterior design.
Indeed, that SUV / hatchback crossover positioning is stressed through design features shared by both formats. However, Concept-cX incorporates a sports car flavour stronger than usually applied to this genre and very much consistent with Mitsubishi's impeccable sporting heritage.
Wedge
The intention is evident when considering Concept-cX's overall format: a tight and powerful wedge, sloted within 4 bulging wheel-arches, fronted by the vast expanse of a clam-shell hood and finishing with deep-set headlamps either sides of the reverse slant of an over-sized version of Mitsubishi's trademark "Jet Fighter" grille.
The flanks themselves are all motion, with beltline, Lancer-like character line and even the position of the door handles following airflows.
At the back, all lines converge and merge into the wrap-around "fast hatch" tucked in between the powerful rear fenders, with the eyebrows of the (front) headlamps echoed by the (rear) roof spoiler and the lower vent / central exhaust reminding jets' thrust nozzles.
Concept-cX also ticks the convenience box with its deep panoramic backlight, twin-stage split tailgate and high mounted rear combination lamps.
Finishing touch, Concept-cX sports a sharp & pure metallic medium blue hue that evokes the image of a crystal-clear lake, while the use of fine aluminum flecks throughout creates a nearly transparent metallic finish.
Open
Using MMC's proprietary Green Plastic (floor mats, door trim, tail gate trim and seat back panels) and upholstered in earthy tones of brown (leather) and off-white, the interior bridges the gap between sporty and comfy, mixing driver-oriented round meters with bench seats and soft padding to create an interior space that cocoons the occupants, but remind them that they are in a car. Still...
Thinly padded but welcoming nonetheless, the organically-shaped front backrests are mated to a bench seat integrating the transmission lever (Twin Clutch SST and 2WD/4WD functions) as well as the starter and some of the warning lights (bonnet open, "fast hatch" open, low fuel).
The dashboard itself points to the underlying strength of the car's frame and invite all occupants to share the voyage through a mega-sized information center touch screen.
Bentley Continental GTC
1. Lincoln Town Car
MSRP: $42,985
Residual Value After Five Years: 17 percent*
The Lincoln Town Car is archaic by today's automotive standards, much like the Mercury Grand Marquis that shares its platform. "It doesn't reflect the needs and wants of a modern consumer anymore — it's a niche vehicle," says Auto Appraisal Group's Batton. Not only that, but at nearly $45,000 to start and well over $50,000 with options, "it has dangerously entered the same price territory as significantly more sophisticated import luxury sedans," he says.
The average age of Town Car buyers is 69 — an indicator of the dwindling group of potential buyers for this vehicle. And like the Mercury Grand Marquis, the Lincoln Town Car is sold in large numbers to limo and other fleet services, which boosts the supply way past the demand once these vehicles hit the used-car market.
2. Mercury Grand Marquis LS
MSRP: $30,320
Residual Value After Five Years: 23 percent*
The Mercury Grand Marquis is "a big, bulky vehicle that simply doesn't reflect trends in the current market," says Auto Appraisal Group's Larry Batton. Buyers of the Grand Marquis owners are 67 years old on average. "The market for this huge car is small and getting smaller," Batton says.
Even though the Grand Marquis is a good value for its sheer size and features, the fact that so many are sold to fleet operations such as cab services hurts resale values. "When cars are used heavily in fleets, supply goes up, and demand — and prices — go down," Batton says.
3. Jaguar X-Type Sedan and Wagon
MSRP: 34,995
Residual Value After Five Years: 25 percent*
The X-Type has struggled since its 2002 debut. It never quite mustered the appeal and performance of more-capable competitors such as the BMW 3 Series, Infiniti G35, Lexus IS and Mercedes-Benz C-Class.
Jaguar plans to quietly phase out the lame duck X-Type. Poor reliability, as rated by Consumer Reports, is only one knock among many. Auto industry insiders fault the X-Type for being little more than a dressed up Ford Mondeo.
4. Jaguar S-Type V6
MSRP: $49,000
Residual Value After Five Years: 25 percent*
The current-generation S-Type debuted as a 2000 model and is near the end of its life cycle and will be replaced by an all-new sedan called the XF. Auto Appraisal Group's Batton says that residual values almost always suffer when vehicles are at the end of their life cycle as consumers gravitate to the latest and greatest offerings.
Besides being long in the tooth, the midsize Jaguar S-Type also suffers from poor reliability, according to Consumer Reports, a double-whammy for residual values. And its retro styling, though elegant, no longer stands out against jauntier competitors.
5. Mercedes-Benz E550
MSRP: $59,775
Residual Value After Five Years: 26 percent*
Reliability of Mercedes-Benz vehicles has plummeted, says Larry Batton of Auto Appraisal Group. Poor reliability erodes resale value. Mercedes execs have unofficially admitted to us that adding too much new technology without enough time to fully test it was a downfall with the E-Class and caused many of the model's widely documented problems in recent years.
Compared to the V8-powered E550, the six-cylinder-powered E-Class sedans and wagons — E350 and E320 diesel — retain more value: 37 percent after five years, according to KBB. Likewise, the low-production, high-performance E63 AMG, with 41 percent of its value retained after five years. The E550 cranks out 114 hp more than the E350 but costs a whopping $8,500 more.
6. Lincoln MKZ AWD
MSRP: $31,765
Residual Value After Five Years: 26 percent*
The Lincoln MKZ (formerly the Zephyr) is based on the Mazda 6 platform. The Mazda 6 is an excellent car and so is the MKZ, but the $5,000 to $10,000 price premium for the Lincoln makes it less appealing, despite its luxury features and respectable performance. In its favor, the MKZ gets an "Excellent" predicted-reliability rating from Consumer Reports.
Like with most luxury cars, the MKZ offers what auto analyst Ricky Beggs of Black Book Auto Research calls "fluff features." Some of these options, such as pricey navigation systems, quickly become obsolete and can drag down residual values.
7. Cadillac STS V6
MSRP: $42,765
Residual Value After Five Years: 26 percent*
Like the larger DTS, the Cadillac STS is a solid performer and appealing in many ways. But, “American cars are having a tough moment,” says Auto Appraisal Group’s Larry Batton. General Motors, Ford and Chrysler are struggling to regain a competitive edge long lost to foreign manufacturers.
Just as the DTS competes in a heady field, so does the STS. It goes up against the Audi A6, BMW 5 Series, Infiniti M, Lexus ES and Mercedes-Benz E-Class, all of which have higher residual values; the Infiniti M even made our top 10 list for highest residual values. For the STS, power pays: the V8-powered model has a five-year residual value of 30 percent and the hot rod STS-V 39 percent.
8. Cadillac DTS V8
MSRP: $41,990
Residual Value After Five Years: 26 percent*
The Cadillac DTS is another solid performer marred by low residual values. Part of the problem is that, like the Lincoln Town Car and Mercury Grand Marquis on this list, the DTS is sold to fleets for use as a limo, livery cab and the like. Lots of them get pumped into the used-car market once they're retired from fleets and throw off the supply-demand ratio.
Also working against the DTS is the fact that it competes with full-size sedans from Audi, BMW, Lexus and Mercedes-Benz. Those brands have more clout than Cadillac and are currently regarded as leading innovators. In the upper echelons of the luxury-sedan market, where "mine is better than yours" is a mantra, clout and innovation are key.
9. Ford Expedition V8 4WD
MSRP: $32,895
Residual Value After Five Years: 27 percent
As we wrote in the Top 10 Luxury Vehicles with the Highest Resale Value feature, performance is a primary driver of used car values. The Ford Expedition makes this list largely because of sluggish performance compared to other big SUVs. It has a 300-hp V8, which sounds powerful, but really isn't for a vehicle that weighs well over three tons.
On top of being rather under-powered, the Expedition guzzles fuel. "It's just not at all ideal for what's going on right now in the world — namely, rising gas prices and increasing interest in 'green' vehicles," says Auto Appraisal Group's Larry Batton.
10. Cadillac SRX V8
MSRP: $43,870
Residual Value After Five Years: 27 percent*
A "Poor" reliability rating from Consumer Reports sheds a negative light on this midsize SUV. In this extremely crowded and competitive segment, that can really hurt a vehicle's success.
The current-generation SRX is nearing the end of its life cycle and soon will be replaced by an all-new version. Despite Consumer Reports' poor reliability rating, we think the SRX's sporty performance and versatility are appealing.
1. Toyota Yaris
Average starting MSRP: $12,625
Five-year cost of ownership: $31,785
You can buy a stripped-down Chevrolet Aveo, Hyundai Accent or Kia Rio for less than the $11,150 starting price of Toyota's tiny Yaris. And the ultra-low-priced Aveo even depreciates less, claiming an average of $8,008 over five years. But the five-year projected cumulative cost of owning and operating a Yaris easily beats its rivals because the subcompact commands so much less in maintenance and repairs. With a parsimonious EPA fuel-economy rating of 34 mpg city/40 mpg highway with a manual transmission, the Yaris also requires noticeably less gas money.
Average starting MSRP: $12,625
Five-year cost of ownership: $31,785
Depreciation: $8,781 (69 percent)
Interest and opportunity cost: $5,651
Fuel: $6,804
Maintenance and repairs: $2,844
Insurance: $6,684
Taxes and fees: $1,021
2. Honda Fit
Average starting MSRP: $14,910
Five-year cost of ownership: $32,547
Consistent with Honda's reputation for unflagging quality, the Fit costs the least to maintain and repair among these 10 cars with the lowest ownership costs. However, Honda prices the feature-laden Fit somewhat higher than some of its rivals. The base model, at $13,850 before extras, is $2,700 more than the Average starting MSRP of the Toyota Yaris. Add some performance accessories and an automatic transmission, and the Fit Sport starts at nearly $16,000. With a higher sticker price, the Fit claims more depreciation dollars, more interest and opportunity expenses, and higher taxes and fees.
Average starting MSRP: $14,910
Five-year cost of ownership: $32,547
Depreciation: $8,969 (60 percent)
Interest and opportunity cost: $6,152
Fuel: $7,167
Maintenance and repairs: $2,227
Insurance: $6,869
Taxes and fees: $1,163
3. Toyota Corolla
Average starting MSRP: $15,449
Five-year cost of ownership: $33,053
The fabled Toyota Corolla, introduced in America 39 years ago, remains one of the best car values around. Although its MSRP is relatively high — averaging $15,449 for the six versions Toyota offers — Corolla's high resale value (read: low deprecation rate) helps hold down total ownership costs. The dependable Corolla also repays its owners with low maintenance and repair costs. Its fuel economy is also better than some smaller cars. Wagon derivatives of the sedan, called the Toyota Matrix and Pontiac Vibe, cost a bit more than the Corolla, but they also make this least expensive to own list.
Average starting MSRP: $15,449
Five-year cost of ownership: $33,053
Depreciation: $8,855 (57 percent)
Interest and opportunity cost: $6,132
Fuel: $7,197
Maintenance and repairs: $2,424
Insurance: $7,315
Taxes and fees: $1,130
4. Nissan Versa
Average starting MSRP: $13,950
Five-year cost of ownership: $33,275
The versatile Versa is one of a trio of small, thrifty runabouts recently introduced by Japan's three big car companies. And like the Toyota Yaris and Honda Fit, it ranks in the top half of the 10 cars with lowest ownership costs. But with enough interior space to win a midsize classification in the EPA Fuel Economy Guide, the Versa is the roomiest of the three. In fact, among these 10 lowest-cost cars, only the Matrix and Vibe — listed as small station wagons in EPA's guide — provide a larger cabin.
Average starting MSRP: $13,950
Five-year cost of ownership: $33,275
Depreciation: $8,659 (62 percent)
Interest and opportunity cost: $6,190
Fuel: $7,802
Maintenance and repairs: $2,676
Insurance: $6,830
Taxes and fees: $1,118
5. Chevrolet Aveo
Average starting MSRP: $11,844
Five-year cost of ownership: $34,048
Chevrolet's Aveo has low overall ownership costs simply because its purchase price is low. Sold in hatchback (called the Aveo5) and sedan configurations, the model has the lowest average sticker price among the 10 least expensive to own autos. In fact, at $9,995, the base Aveo5 has the lowest MSRP in America. A low purchase price holds down depreciation and minimizes interest and opportunity costs. But the Aveo stumbles at the pumps and in the shop, earning the highest five-year fuel, maintenance and repair expenses of the group.
Average starting MSRP: $11,844
Five-year cost of ownership: $34,048
Depreciation: $8,008 (68 percent)
Interest and opportunity cost: $5,754
Fuel: $8,199
Maintenance and repairs: $4,115
Insurance: $7,040
Taxes and fees: $932