EVLN: $75k E-Tron price &name> struggling4 market-share, Audi happy

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EVLN: $75k E-Tron price &name> struggling4 market-share, Audi happy

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The Audi E-Tron Isn't Exactly A Mega-Hit Yet
Nov. 25, 2019  Erik Shilling

Illustration for article titled The Audi E-Tron Isnt Exactly A Mega-Hit Yet

Audi’s E-Tron is struggling ...

1st Gear: Roger Penske Thinks The E-Tron Is Being Held Back By ‘Sticker
The Audi E-Tron is the German marque’s first real entry into the market for
electric cars. It’s how Audi dips its toes into the market, along with
Jaguar (I-Pace), Ford (Mustang Mach-E), Mercedes (upcoming EQ line) and
other automakers that have been in the market for a while, like Tesla,
Chevrolet, Hyundai and more.

As such, the E-Tron is something of a test case for Audi—a test that dealer
magnate Roger Penske says isn’t going well so far. Sticker shock is to blame
in part, Penske says—the E-Tron starts at $74,800.

Per Automotive News:
Electric vehicles “have not had the lift that (the industry) expected,”
Roger Penske, CEO of Penske Automotive Group, told analysts last month on an
earnings call, specifically calling out the Audi e-tron’s slow retail start.

Penske said there had been “significant cancellations” of e-tron preorders,
and the main issue was affordability.

“I think there is some sticker shock. The customers that thought these would
be more affordable, like a Q5. But when you’re looking at an $80,000 vehicle
in a $1,500 payment, it gets — it’s really aggressive from the OEM
standpoint,” Penske said.

I’m not quite sure Penske is correct in saying that the industry expected a
“lift” from cars like the E-Tron, but he’s right in pointing out that sales
so far have been tepid. Automotive News says that just over 4,000 E-Tron’s
have been sold so far, but, again, I’d be surprised if Audi expected huge
numbers from it.

Naturally, Audi says it’s happy with the state of things:

Speaking to Automotive News at the show, new Audi of America President
Daniel Weissland said the brand is “still at the beginning of a
transformational phase into electrification” and asked for patience.

“I think we’re pretty happy with our (e-tron) sales numbers,” Weissland
said. “November is the strongest month ever now on e-tron sales, so we
really see a tick up. The question is always, ‘What do you compare it with?’
You can’t compare the e-tron with a car which is $20,000 or $30,000 less

Luxury electric vehicles like the E-Tron are better understood as
placeholders, as companies like Audi, Jaguar, and Mercedes seek to keep up
with changing technologies while also continuing to churn out their
bread-and-butter, which will remain internal-combustion engined cars for the
foreseeable future.

And a part of me thinks those companies would be happy to do that forever if
it weren’t for pesky government regulations.

In any case, you should drive a battery-electric car if you get a chance. If
you’ve never done it, I promise the torque will surprise you, even on a
[© jalopnik.com]

Roger Penske: Audi E-tron's slow start worrisome
Nov 25, 2019 - LOS ANGELES — Since it went on sale in April, the Audi e-tron
— the first EV from Volkswagen Group's premium brand and the tip of the
spear ... (subscription)

 search evdl on  E-Tron turd

BMW's Upcoming i4 Electric Car Will Be More Powerful Than The M3
NOV 24, 2019  Details are still scarce but Road/Show has some early specs
and expectations for the i4, one of twenty five all or partially electric
cars scheduled to come out of ...

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