Hyundai is reportedly mulling adding a luxury crossover to its lineup with a platform sourced from the Genesis. However, the project doesn't have a green light yet because of some concerns of the model's potential for success.
By the end of this decade, India is expected to be one of the top three car markets in the world, but automakers are already starting to duke it out for sales. In terms of premium brands, Automotive News says that Audi has jumped out to an early lead for sales in the country due in large part to the recent introduction of the Audi Q3 (shown above).
Fresh off the launch of the stylish new MKZ sedan, the newly named Lincoln Motor Company is reportedly preparing for a lineup expansion. According to TheDetroitBureau.com, the first new product joining the Lincoln brand is a small crossover based on the Ford Escape said to be called the MKC. We saw this machine testing a few months ago, and while we were hoping the name might be reserved for a future two-door model or even the diminutive Concept C hatchback, it looks like the "C" will stand for
When we see a vehicle like a Lamborghini Urus or the Bentley EXP 9 F concept, we may at first scratch our heads, wondering why an automaker would take this route. When the accountants see these vehicles, they see one thing: dollar signs. No matter what angle you come at it from, SUVs and crossovers are cash cows for carmakers, especially luxury brands. It's a truth that Kicking Tires laid bare in a recent article.
According to Cadillac's general sales manage Ed Peper, mid-size luxury crossovers like the SRX, Audi Q5, and Land Rover LR3 "are like 26 percent of the luxury market." Perhaps he should have phrased that "are still 26%," because an Edmunds chart reveals that the crossover luxury segment has taken a beating over the past two years, dropping 25% in overall volume among major models.