Supercar wagon, confirmed

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2024-08-15

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Releases & Reviews

BMW is finally bringing the M5 Touring back to the U.S. for 2025, packing a 617-hp twin-turbo V8 under the hood. The performance wagon pairs speed with practicality, offering impressive cargo space. This long-awaited return is sure to excite enthusiasts, but itā€™s yet to be seen if a bloated weight dampens driving dynamics.

The 2025 Mazda CX-70 Turbo S Premium impresses with its luxurious features and strong engine, delivering 340 horsepower. While the SUV offers a spacious interior and refined design, the driving dynamics could be sharper. The steering feels slow, and the transmission is inconsistent, but its advanced features and striking aesthetics make it a solid choice for those prioritizing comfort and style.

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Technology, Market Data & Analysis

With the electric vehicle market cooling, Toyota is doubling down on its hybrid offerings. The company is shifting focus to hybrid-only models in key markets like North America, aiming to bridge the gap between traditional combustion engines and full EVs. Toyotaā€™s strategic pivot could be a game changer as consumers weigh efficiency, range, and affordability.

The used car market continues to cool off, falling another 2.3% last month. Prices are now nearly 20% off from their pandemic peaks. Analysts attribute this decline to increased supply and softened demand as more consumers turn back to new vehicles. This trend offers some relief for buyers who were priced out during the marketā€™s height.

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Car Culture

Ferrari offers an industry-unique unlimited-mileage warranty on new vehicles, reflecting confidence in their build quality. While few owners will test its limits, this warranty provides peace of mind, allowing Ferrari enthusiasts to drive their cars as much as they wish without worrying about coverage.

Ford is exploring bold new directions for the Mustang, including sedan and off-road variants. This move marks a significant expansion of the Mustang brand, and the latter is a play at one of the hottest segments in the market.

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Miscellaneous

The most recent CPI print shows a staggering 22% YoY increase in car insurance rates. Rising insurance premiums and repair costs have driven the average cost of car ownership to record highs. Factors such as more expensive parts and advanced technologies in newer vehicles are contributing to the increased expenses, impacting both new and used car owners.

Ford has issued a new stop-drive order for nearly 19,000 vehicles in the U.S. due to unresolved Takata airbag recalls. Affected models include the Ford Ranger, Mustang, Fusion, and various Lincoln and Mercury models. Ford is urging owners to get the airbags replaced immediately, offering free loaner cars and towing services to ensure safety.

A new study reveals the top 30 vehicles most likely to reach 250,000 miles, with Toyota dominating the list.

Citroƫn is withdrawing from the Australian market, ending a century-long presence due to low sales, including just 87 units so far this year.

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