The Friday Five:The Tesla Model Y Sale, Maserati Goes Electric, What is Stellantis? Edition

Beverly Braga | Jul 17, 2020

This week, we announced the results of our 2020 U.S. Automotive Brand Loyalty Study. Lexus and Subaru led the field for luxury and mass-market brands, respectively. Oh, and there was some other news about the 2021 Ford Bronco and Bronco Sport…not that anyone was eagerly awaiting that. (Ha.) 

But that’s not everything that was happening in the automotive space. 

Tesla Model Y Lineup Sees Drop in Price, Model Options

After increasing prices for Autopilot and Full Self-Driving Capability (FSD) upgrades following a limited-time offer discount, Tesla dropped the starting price for a Tesla Model Y Long Range by $3,000. The Model Y Performance model also received a discount amounting to $1,000. 

Tesla Model Y Performance White Side View

At the same time, the standard-range Tesla Model Y is cancelled. According to Tesla CEO Elon Musk, this particular version is being discontinued because its EPA-rated range would be less than 250 miles on a full charge. 

With these pricing changes, the Model Y Long Range will start at $49,990 and the Performance variant at $59,990 before the $1,200 destination charge and other fees. Expect these prices to rise or fall again at a moment’s notice.

Maserati Introduces First-Ever Electrified Model with Ghibli Hybrid

Luxury automaker Maserati is electrifying its fleet, first with the Ghibli Hybrid. Developed by the Maserati Innovation Lab in Modena, the rear-wheel-drive hybrid sports sedan features a 48-volt hybrid system paired with a turbocharged 2.0-liter 4-cylinder engine. Combined output is a 325 horsepower and 332 pound-feet of torque. 

The new Ghibli Hybrid, which will begin production later this year, will replace the outgoing diesel model. Unfortunately, it is not be destined for the U.S. market. The brand’s first all-electric vehicles, however, will be the GranTurismo and GranCabrio, both of which are scheduled for 2021 and for global markets — including North America.

2021 Range Rover Lineup Adds 3 New Special Edition Models

In continuing the brand’s celebration of 50 years developing and designing all-terrain vehicles, the 2021 model year welcomes three new special edition models: Autobiography Fifty Edition, HSE Westminster Edition and SVAutobiography Dynamic Black Edition.

We’ve previously covered the Fifty Edition, a limited-run of 1,970 vehicles, which represents the year the original Range Rover was introduced. Now, Land Rover has announced its price, which starts at $155,000 (excluding a $1,350 destination fee).

Based on the HSE trim level, the HSE Westminster Edition can be equipped with either a mild-hybrid 3.0-liter turbocharged 6-cylinder engine or a 5.0-liter supercharged V-8. Exterior amenities include a specialized 21-inch, 7 split-spoke wheel design while the interior features special edition veneers, 20-way heated and cooled front seats, and a refrigerated front center console. Pricing for the HSE Westminster Edition starts at $103,500.

The SVAutobiography Dynamic Black Edition starts at $183,000 and renders the vehicle in Santorini Black Metallic exterior paint with gloss black exterior accents, black brake calipers, 22-inch gloss black forged wheels, and illuminated branded treadplates. The equally dark interior features black leather seats with red contrast stitching. It will be impossible to keep clean.

2021 Porsche 911 Adds Turbo Coupe and Cabriolet to Lineup

Two new 911 Turbo models join the Porsche lineup for 2021. Following the introduction of the Porsche 911 Turbo S come the 911 Turbo Coupe and Cabriolet. These “standard” Turbo variants are equipped with a 3.7-liter flat-six that produces 572 horsepower and 533 pound-feet of torque. Acceleration to 60 mph is estimated at 2.7 seconds with a top speed of 198 mph. This puts the 2021 Turbo models on par with the 2019 Turbo S.

By comparison, the current Turbo S has an output of 640 hp and 580 lb.-ft. of torque, is 0.1 seconds quicker to 60 mph, and tops out at 205 mph. But it also starts at $203,500 (excluding a $1,350 destination fee) versus the Turbo Coupe’s sticker price of $170,800 and Turbo Cabriolet at $183,600.

The new 911 Turbo is equipped with an 8-speed dual-clutch transmission and Porsche’s Traction Management all-wheel drive system. Also featuring a wider stance to accommodate a larger wheel-and-tire set (255/35R-20 in front, 315/30R-20 in rear), the 2021 Porsche 911 Turbo gets new adaptive cooling air flaps, a new front spoiler, and a larger rear wing, which creates 15 percent more downforce than the previous Turbo model. For more performance, there’s the available Active Suspension Management sport suspension as well as additional sport packages. 

Available to order now, the 2021 Porsche 911 Turbo Coupe and Cabriolet should arrive in dealerships early next year.

Fiat Chrysler, Peugeot Merger Enters Final Stage, New Corporate Identity Named Stellantis

What’s in a name? New beginnings for old roots, perhaps. As part of a 2019 announcement of their 50:50 merger, Fiat Chrysler Automobiles and Peugeot have announced that the new company will be rebranded as Stellantis. 

Derived from the Latin “stello,” which means “to brighten with stars,” Stellantis will represent the new corporate identity only, leaving the existing respective marques unchanged. So no, you won’t be shopping for a Stellantis Charger Hellcat Redeye Widebody any time soon.

The merger, expected to be finalized during the first quarter of 2021, will give Peugeot a well-paved avenue to return to the U.S. market.

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