• Vroom Daily
  • Posts
  • 11/10/23 - 2024 Mustang GT California Special starting under $50K, Maine’s right-to-repair law for cars wins with 84 percent of the vote, Lucid Motors introduces vehicle-to-vehicle charging capabilities

11/10/23 - 2024 Mustang GT California Special starting under $50K, Maine’s right-to-repair law for cars wins with 84 percent of the vote, Lucid Motors introduces vehicle-to-vehicle charging capabilities

GM. Rev up your day with the latest automotive news and insights delivered to your inbox in our exclusive newsletter! In today’s email:

  • 🚗 Car reveal/review: 2024 Mustang GT California Special starting under $50K, 2024 Maserati MC20 Notte Edition, Polestar 4 To Use Luminar With Mobileye Automated Driving

  • 🏭 Industry trend: Maine’s right-to-repair law for cars wins with 84 percent of the vote, Data Shows Luxury And Electric Cars Suffer The Lowest Resale Values

  • 🤖 Auto Tech: Lucid Motors introduces vehicle-to-vehicle charging capabilities

  • 😄 Fun read: Here Are Five Times GM Developed Some Pioneering And Important Innovation Only To Fumble It And Have To Catch Up Later Like A Chump

2024 Ford mustang GT California Special | Hagerty

The 2024 Ford Mustang GT California Special (GT/CS) features Rave Blue accents on exterior elements, including grille and wheels. The interior boasts blue accent stitching, a "California Special" badge, and GT/CS logo floor mats. Priced at $47,410, the GT Premium includes a 480-hp Coyote V-8. Opting for the California Special package adds $1995, bringing the total to just under $50,000. Available as a coupe or convertible with a choice of manual or automatic transmission, the GT/CS will be unveiled at the 2023 Los Angeles Auto Show on November 16.

Maserati MC20 Notte Edition | The Torque Report

The 2024 Maserati MC20 Notte Edition, a limited run of 50 cars, features matte black paint, 20” matte black birdcage wheels with matte white gold accents, and black and grey Alcantara seats with yellow stitching. Designed by Maserati Fuoriserie, it retains the 3.0-liter twin-turbo V-6 engine delivering 621hp. Price details are undisclosed, but the model is now available. Customize-your-own option is suggested for uniqueness.

Polestar 4 | Forbes

Polestar announces the 2024 Polestar 4, featuring Luminar's Iris lidar for its Chauffeur system. Based on the Geely SEA architecture, it uses Mobileye's Supervision for hands-off/eyes-on highway driving, with plans for hands-off/eyes-off/brain-off automation. Production starts before the end of 2023. A second production location in South Korea is revealed to address U.S. market challenges, starting production in the second half of 2025.

Maine's "Question 4" measure, part of the right-to-repair movement, achieves over 84% public support, requiring automakers to grant access to car diagnostics systems. Similar laws were enacted in California, Minnesota, and Colorado this year. Maine allows a secure portal for security feature resets, mandates access to on-board diagnostic systems, and includes specific provisions for heavy-duty vehicles. Manufacturers can require authorization with standardized procedures.

The article emphasizes the significance of predicted depreciation for new-vehicle shoppers. The study predicts the iconic Porsche 911 will lose only 9.3% of its value after five years. Slower-depreciating models minimize long-term ownership costs, especially crucial for leasing. The study notes vehicles hold better value post-pandemic, averaging 38.8% depreciation in 2023. Pickup trucks, sports cars, and small sedans perform well, while full-electric vehicles, including Tesla, are expected to lose 49.1% value. The Maserati Quattroporte faces significant depreciation, predicted to drop 64.5%, equivalent to a $90,588 loss. The article lists 15 models with the lowest five-year rates of return.

Lucid Motors introduces "RangeXchange," a vehicle-to-vehicle (V2V) charging feature allowing Lucid owners to recharge other EVs using their battery's energy. It offers charge rates up to 9.6 kW, replenishing 24 to 40 miles of range per hour on other EVs. The bi-directional technology, available via an OTA update, aims for future applications like vehicle-to-home backup power and vehicle-to-grid power. Lucid plans to make the RangeXchange feature available to US customers through a cable adapter, with the price yet to be disclosed.

The article explores five instances where General Motors pioneered significant automotive advancements but failed to capitalize. Examples include early turbocharging (1962), the groundbreaking EV1 electric car (1996) later controversially recalled, the innovative Hy-Wire hydrogen concept (2003), an early foray into electric pickups (Chevy S-10 Electric - 1997-1998), and the introduction of in-car touchscreens in the 1980s. In each case, GM's failure to sustain and build on these innovations allowed competitors to surpass them in the evolving automotive landscape.

And.. that’s a wrap