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    Toyota Will Cut Global Production By 40 Percent, but Not the New Tundra

    Instead of building 900,000 vehicles in September, Toyota said this week it will make around 540,000. It’s the first massive drop for the automaker, which so far has been weathering the pandemic storm relatively well.In North America, production in August and September will drop by up to 170,000 vehicles.There is one North American plant that will keep running at full steam, and that’s the one that will build the new Tundra, which is finally being updated with a new generation after well over a decade.Until this point in the pandemic, and despite the troubles other automakers faced with a lack of components, especially semiconductor chips, Toyota has managed to keep its production plants running relatively smoothly. One big reason for this was a strategic shift the automaker made following the Fukushima earthquake and tsunami in 2011. The updated plan relied less on the “just in time” component delivery system Toyota had used for decades and more on stockpiling components for use in emergencies.

    As Automotive News wrote in 2016, Toyota’s updated system included a database called Rescue that “stores information about thousands of parts stored at 650,000 supplier sites, helping the automaker bypass bottlenecks when one supplier gets knocked out of commission.” It’s a system that works well until many suppliers, not just one, get knocked out. Which is why Toyota announced this week that it will dramatically reduce output at its plants around the world, cutting September’s planned production of around 900,000 cars down to 540,000. Speaking on Bloomberg Television this week, Toyota Motor North America (TMNA) executive vice-president of sales Bob Carter said the production issues are not limited to just microchips, even though they’re a big part of the problem. Some production changes will start in August, and Toyota’s North American facilities will build between 140,000 and 170,000 fewer vehicles in these two months. TMNA sent Car and Driver a statement about the situation: “Due to COVID-19 and unexpected events with our supply chain, Toyota is experiencing additional shortages that will affect production at most of our North American plants. While the situation remains fluid and complex, our manufacturing and supply chain teams have worked diligently to develop countermeasures to minimize the impact on production. In North America, we are projecting a reduction of approximately 60,000 to 90,000 vehicles in August. As for September, we are projecting a reduction of 80,000 vehicles, but the situation remains very fluid. We do not anticipate any impact to employment at this time.”

    There is one North American facility that Toyota is not tampering with during this round of production cuts, though, and that’s the San Antonio plant that currently makes the Tacoma and is about to start building the highly anticipated 2022 Tundra. “In order to meet our production timeline and schedule for the new Tundra, we have to finish up current model production by a certain timeline,” Toyota spokeswoman Melissa Sparks told the San Antonio Express News. “If we’re delayed because of chip shortages, we can’t meet those milestones. So that’s the reason we’re prioritizing chips” for the San Antonio plant.
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    KTM Duke 390 Xplorer GT Kit Launched By Autologue Design

    KTM Duke Xplorer GTDemand for road-biased entry-level adventure tourers is on the rise in recent times
    Adv motorcycles can not only conquer tough off-roads, but also have a sportier look and feel. However, with their advanced features and equipment, adventure motorcycles usually come with premium pricing.
    For folks who just want the adv look, a good alternative is to go for custom made body kits. To cater to this segment, leading custom shop Autologue Design has come up with dedicated body kits called Xplorer GT. These are meant to be used for KTM 250/390 Duke.
    Xplorer GT kit details
    Included in the kit are nose cover, side panels, wiring plug, adjustable visor and relocation brackets. These are designed in a way that they can be easily installed by the user. No advanced automotive knowledge or expertise is required to install these components on the bike.
    Xplorer GT kit for 250/390 Duke is available on pre-order basis. The first 30 orders will be cheaper, post which, prices will be increased for the next batch. Delivery will commence in 4-6 weeks’ time.
    KTM Duke Xplorer GT
    It is apparent that this kit focuses on introducing adv-inspired visual enhancements at the front. The nose cover, side panels and large visor work to achieve the adv look. The visor is functionally relevant as well. As far as hardware is concerned, the rest of the bike is the same as the stock version.
    Xplorer GT kit colour options
    Users have the option to choose the colour for their body kit. Three options are available, black, white and orange. If we look at the stock version, KTM 250 Duke is offered in colour options of orange and grey. For 390 Duke, the options are grey and white. Colours for the body kit are thoughtfully done, so that they work to enhance the overall look and feel of the stock motorcycle.
    Users also have the option to choose graphics for the body kit. Charges for these will be additional. However, it could be worth the price, as the graphics significantly enhance the bike’s attractiveness. The graphics will be installed on the nose cover, side panels, and front fender.
    KTM Duke Xplorer GT
    Performance improvements are not part of this body kit. KTM 250 Duke is powered by a 248.8cc motor that is capable of generating 30 hp of max power and 24 Nm of peak torque. It is mated to a 6-speed transmission.
    The bike uses a steel trellis frame with 43mm WP upside down forks and WP monoshock rear suspension. Braking duties are performed by 320 mm disc at the front and 230 mm disc at the rear. Dual-channel Bosch ABS is offered as standard. The bike weighs 169 kg and has ground clearance of 155 mm.
    KTM 390 Duke is powered by a 373.2cc motor that makes 43 hp / 37 Nm. It is mated to a 6-speed gearbox. Braking and suspension system is largely the same as 250 Duke. 390 Duke weighs 167 kg and has ground clearance of 185 mm. More

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    Ather 450X Vs Ola Vs Simple One Electric Scooter Comparison

    Ather Electric ScooterBookings of Ola Series S and Simple One have already commenced with deliveries slated to commence from October and November respectively
    15 August, 2021 was a special day for India not just because it was the platinum jubilee of the country’s independence but also since it marked a significant step towards new emission-less vehicles. Ola Electric and Simple Energy officially launched their respective electric scooters Series S and One in India.
    Price
    While Series S has two variants- S1 and S1 Pro priced at Rs 1.00 lakh and 1.30 lakh respectively, Simple One will be offered in a single variant with prices pegged at Rs 1.10 lakh. After inclusion of state subsidies, prices of S1 and S1 Pro can drop to as low as Rs 85,000 and Rs 1.10 lakh respectively (all prices ex-showroom). Ex-sh price of Ather 450x is Rs 1.71 lakh.
    It is even more significant when one considers that both OEMs have had no history of vehicle manufacturing. Hence, we decided to compare the two new electric scooters with a model which has been in the market for a while now but comes from a relatively new EV startup- the Ather 450X. All three e-scooters are closely priced after consideration of FAME II benefits with 450X priced at Rs 1.32 lakh (ex-showroom).
    Specifications
    Starting with specifications, both new arrivals seem to pip Ather 450X as far as performance and single-charge range are concerned. S1 and One offer a motor with a peak power capacity of 8.5kW (11.5 bhp) and 7kW (9.4 bhp) which is significantly more than 450X which gets a peak power rated at 6kW (8 bhp). Torque output of Simple One is greatest at 72 Nm while S1 returns an output of 58Nm.
    Electric scooter comparison – Ather vs Ola vs Simple
    On considering range, Simple One offers a single-charge range of 236 kms while Ola S1 returns a range of 181 kms on a single charge. Ather, on the other hand, offers a range of 116 kms. (All ranges are as per IDC standards).
    Ola S1 Pro has the highest top speed of 115 kmph while Simple One offers a top speed of 105 kmph. Both scooters are based on tubular underpinnings while 450X is based on an Aluminium cast frame which makes it the lightest in the category at 108 kilos. Ola offers a unique single fork suspension unit at the front against the conventional telescopic forks offered in the other two scooters.
    Features on offer
    Coming to features, all three scooters offer modern connectivity options along with a 7-inch TFT digital instrument console. However, the latest entrants offer convenience of a touchscreen which is now available on 450X.
    Electric scooter comparison – Ather vs Ola vs Simple
    Apart from that, all three e-scooters offer common features such as all LED lighting, onboard navigation, Bluetooth connectivity and connected features like ride stats, vehicle tracking, voice assistant, and OTA (over the air) updates.
    Ola and Simple edge past Ather in terms of features as the latter misses out on gizmos such as Wifi connectivity, Geo-fencing, mobile remote start and others. Both S1 and One offer unique features like cruise control and tyre pressure monitoring system (TPMS) respectively. Along with this, they offer plenty of customizable options for each rider. Additionally, under-seat storage of S1 is the greatest with 36-litres. More

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    TVS Sales, Exports Breakup July 2021 – XL100, Apache, Jupiter, NTorq

    TVS Apache Sales July 2021TVS Motors has reported YoY de-growth in domestic sales while exports rose significantly
    TVS Motor Company has registered a de-growth of 7.63 percent with scooter and motorcycle sales at 1,75,169 units in July 2021 as against sales of 1,89,647 units in the month of July 2020. Topping the list was the TVS XL the only moped from a reputed two-wheeler brand on sale in India.
    Sales in the past month stood at 49,276 units, down 15.62 percent over 58,403 units sold in July 2020. The TVS XL currently commands a 28.13 percent share. On a MoM basis XL sales increased 37.28 percent from 35,897 units sold in June 2021.
    TVS XL 100 is renowned as being a superior load carrier and is hence popular in semi urban and rural areas. It is also popular for the fact that it commands a lower cost of maintenance.
    At No. 2 in domestic markets was the Jupiter, which also saw sales de-growth in the past month, down 22.1 percent to 38,209 units. Sales in the same month of last year had stood at 48,995 units while MoM sales increased 19.97 percent as 31,848 units were sold in June 2021. Another model in the company lineup to see falling sales was the Apache with sales dipping 19.12 percent YoY to 27,228 units and MoM by 9.94 percent.
    TVS Sales July 2021
    TVS NTorq Milestone
    TVS NTorq was much in demand in the past month at 23,983 units sold, up 46.20 percent over 16,404 units sold in July 2020. In July 2021, NTorq sales crossed the 8 lakh unit milestone. The NTorq was launched in February 2018 and till the end of July 2021 has seen sales of 8,13,178 units. TVS NTorq is the country’s 4th best-selling scooter for FY2021 and competes favorably with Honda Activa, Suzuki Access and also with TVS Jupiter from its own company stables.
    Sales of TVS Sport remained on par on a YoY and MoM basis at the 10,877 unit mark. Radeon sales surged 116.61 percent to 9,466 units, up from 4,370 units sold in July 2020 while sales in June 2021 had stood at 8,132 units with a 16.40 percent growth.
    Star City, Zest, iQube and RR310 also noted YoY sales growth while sales of the TVS Pep+ dipped 56.14 percent. MoM sales of these models in the TVS lineup also saw sales growth except for the iQube which dipped 15.49 percent MoM.
    TVS Exports July 2021
    TVS Export Growth July 2021
    TVS exports for July 2021 stood at 85,765 units, up 62.38 percent over 52,819 units exported in July 2020. In the company lineup, it was the Star City 125 that commanded the most attention in global markets with 40,429 units exported, 110.70 percent over 19,188 units shipped in the same month last year. MoM sales also grew 14.39 percent over 35,344 units sold in June 2021.
    Star City on the other hand saw sales increase in terms of YoY basis by 38.58 percent but suffered a de-growth of 10.75 percent over 31,177 units sold in June 2021. TVS Apache was another model to report YoY growth which stood at 73.12 percent at 11,649 units sold in July 2021 but MoM de-growth of 35.34 percent over 18,015 units sold in June 2021.
    TVS Victor was also much in demand in global markets with growth reported in July 2021 while Sport exports dipped considerably both in terms of YoY and MoM. Ntorq exports dipped 54.72 percent to 326 units while Jupiter saw a 33.72 percent increase in demand in global markets with 230 units exported. MoM exports also surged 166.11 percent over 83 units shipped in June 2021. More

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    Bajaj Dominar 400 Facelift Launch Soon – Improved Styling, Feature Updates

    Current Dominar. Image – Auto Travel TechBajaj Dominar 400 competes with the likes of KTM 390 Duke, TVS Apache RR 310 and BMW G310R
    Even though Dominar 400 is a well-equipped and capable motorcycle, it hasn’t performed as desired in the sales department. Being the flagship, the expectations are pretty high with Dominar 400. Going forward, 2021 edition of Dominar 400 is expected to be launched during the upcoming festive season. As per information provided by some dealers, the bike could be launched in October.
    2021 Dominar 400 Facelift – Focus on styling updates
    It will be safe to assume that new Dominar 400 will pack in cosmetic updates. A set of new colour options could also be on offer. We have already seen new colour options introduced for 2021 Dominar 250. The smaller capacity Dominar is now available in three dual-tone colour options of Racing Red and Matt Silver, Citrus Rush and Matt Silver and Sparkling Black and Matt Silver. These new colour options have significantly enhanced the bike’s overall look and feel.
    It will be interesting to see what new colour options are introduced for Dominar 400. Both bikes are visually the same in most parts. Dominar 400 is likely to get different shades to ensure it remains distinguishable from its smaller capacity sibling. In its current form, Dominar 400 is offered in two colour options – Aurora Green and Vine Black.
    Aurora Green utilizes a flashy combo of glossy green against a black background. The green bits can be seen on the headlamp cowl, front fender, engine cowl, fuel tank and tail section. The green bits work to highlight the bike’s sporty design.
    Bajaj Dominar 400 Spied With New Accessories. Image – IamaBiker
    The other colour option of Vine Black is essentially an all-black theme. Approximately, more than 90% of the bike’s surface is in black. The only components that don’t have the black shade are USD front forks and disc brakes. Bajaj could choose to continue these colours or completely replace them with new shades.
    Mechanical and feature updates
    Dominar 400 is a well-equipped sports tourer with a powerful 373.3 cc motor. Some key features include full LED headlamp with modes of automatic headlamp on, position lamp and low beam and high beam. The bike has LCD speedometer that displays a range of information including gear position. Being a sports tourer, the bike could benefit from a dedicated connectivity platform. However, it is not certain if Bajaj will introduce this in 2021 update.
    Talking about the engine, it is capable of generating 40 ps of max power at 8800 rpm and 35 Nm of peak torque at 6500 rpm. It is mated to a 6-speed transmission. It is unlikely that power and torque output will be tweaked in 2021 Dominar 400. The bike utilizes slipper clutch that ensures smooth gear shifts across all RPM. By reducing adverse effects of engine braking, the slipper clutch also enhances engine life.
    Dominar 400 utilizes a beam type perimeter frame with 43 mm USD forks and multi-step adjustable monoshock suspension with Nitrox at the rear. Braking duties are performed by 320 mm and 230 mm disc at the front and rear, respectively. Dual channel ABS is offered as standard. These mechanical bits are unlikely to change with 2021 Dominar 400.
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    Ford Electric Crate Motor Is Coming, Will Be Called 'Eluminator'

    Ford teased its upcoming Eluminator electric-vehicle crate motor ahead of its official debut at this year’s SEMA show.This follows Chevrolet’s electric crate motor conversion that debuted in 2018 and could see vendors this year.These crate-motor solutions should be less invasive to classic cars than more involved EV conversions. For fans of vintage American iron, the looming transition to electric motivation might strike fear into your heart: your nostalgia express might be rendered inoperable. Well, there’s some good news for those that are interested in modifying your classic: EV crate conversions. While this technology is still in its relative infancy, it does seem to be gaining some traction. Ford is teasing an electric crate powertrain solution that is slated for a debut at the SEMA show, scheduled to take place in early November.Now, this isn’t the first time we’ve seen something like this. Chevrolet introduced a similar system back in 2018. That system has since evolved into the eCrate system, which Chevrolet said would be hitting the market sometime this year. Some solutions aren’t exactly bolt-in, which have been becoming more popular, and powerful, as these electric technologies have advanced.
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    Ford jumped to Twitter to tease its upcoming Eluminator powertrain. This name is an obvious play on its Aluminator crate engine, and it will likely start a whole series of electric powertrain solutions for project cars. Details are still light on Ford’s plan for EV crate powertrains, but we’re sure that the company looked at its crosstown rival’s bolt-in-friendly approach and considered the problems of replacing an internal-combustion engine with an electric motor.

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    Ford also neglected to mention the battery options, thermal management solutions, or battery controllers in this teaser tweet. We imagine all of this information and more will be revealed at this year’s SEMA show. We’re expecting the specs to be at least on par with Chevrolet’s Connect and Cruise system, which features a 200-hp electric motor and a 60.0-kWh battery. The kit also includes inverters, converters, and a wiring harness to make it all work.We doubt that anyone will knock on your door and demand you yank out the aging Ford Y-block under the hood of your ’61 F-100, but this could be a good solution for folks who want to enjoy their classic cars if fuel becomes too costly, or if regulations put a clamp on internal-combustion enjoyment.

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    Everything You Need to Know about the 24 Hours of Le Mans Race

    First run in 1923, the annual 24 Hours of Le Mans in France is the world’s greatest sports-car race. On the famous Mulsanne straight, the fastest cars top 200 mph.In 2021, the race takes place August 21–22. Sixty-two cars started the race on Saturday, August 21, at 3 p.m. local time (9 a.m. Eastern time, for U.S. viewers), with fans in attendance limited to 50,000 instead of the usual quarter-million.The 24 Hours of Le Mans is auto racing’s Boston Marathon, a brutal test of endurance where competitors race stunningly fast cars for 24 straight hours at speeds that can exceed 200 mph on the fastest section of the incredibly long 8.5-mile Circuit de la Sarthe road course. The race is a punishing test that pushes driver and machine to their limits—and sometimes beyond. Here’s everything you need to know to make sense of the race, which takes the green flag on Saturday, August 21.What is it? The 89th running of the world’s most prestigious sports-car race, which lasts (as its name makes clear) for 24 hours.When is the 2021 24 Hours of Le Mans? August 21–22, starting at 9 a.m. Eastern time.How to watch? Live online at the Motor Trend on-demand website (paywall) or the Motor Trend cable-TV channel; excerpts on the Automobile Club de l’Ouest (ACO) YouTube channel. Or watch a live feed from inside one of the participating cars, including the Glickenhaus entry in the new Hypercar class, on YouTube.Or follow the live blog covering all the action from our friends at Road & Track.
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    Where is the 24 Hours of Le Mans held? Circuit de la Sarthe, Le Mans, France.What time does it start? Coverage begins at 8:00 a.m. U.S. Eastern time, with the race starting at 9:00 a.m. Eastern time (3:00 p.m. local time).History, hellish events, and high speeds are the key ingredients that make the 24 Hours of Le Mans the world’s greatest sports-car race. It is both famous and infamous for the triumphs and tragedies that have occurred there. Started in 1923 as a showcase for car manufacturers to prove the durability of their vehicles in competition, it has evolved into a high-speed chess match among top professional racing teams where strategy, teamwork, and great driving skill are as important as a car’s reliability and technological edge.The race is staged annually, normally in mid-June (but these are not normal times), by the French sanctioning organization Automobile Club de l’Ouest. Four classes of cars compete side by side, which can make the racing confusing, but a team of knowledgeable TV commentators keeps the action sorted out for you. Le Mans is part of the FIA World Endurance Championship, which includes long-distance races in nine countries. Through the years, automobile manufacturers including Porsche, Audi, Mercedes-Benz, Ford, Toyota, Ferrari, Aston Martin, Jaguar, and Chevrolet have invested tens of millions in their race teams with the hope of taking the winner’s laurels and basking in the marketing glory a win confers.The top two classes, LMP1 and LMP2, are made up of purpose-built race cars that can cost millions and are supported by large crews of engineers and technicians. The cars look like four-wheeled fighter jets and employ advanced aerodynamics to suck them to the track, which enables astounding speed in the corners. The current rules encourage teams to race gasoline-electric hybrids, and last year’s winning car, Toyota’s TS050 LMP1, utilized that technology to make a claimed 986 horsepower. LMP2 cars are similar but less complex, are powered by conventional gasoline engines, and are not quite as fast as the LMP1s.About two-thirds of the field is composed of the other two classes competing in the race, the GT, or grand touring, cars: GTE-Pro and GTE-Am. These classes are based on highly modified versions of production-line sports cars with recognizable names and shapes from makers such as Ferrari, Porsche, Chevrolet, Ford, and Audi. They have about 500 horsepower, and the infighting is fierce as these cars battle for position and class wins while trying to stay out of the way of the flying prototypes. As their names imply, GTE-Pro is for full-time professional drivers and manufacturer teams, while GTE-Am is for amateur drivers and private teams. This year’s new Hypercar class promises to add interest and could make some fresh history.All teams must rotate three drivers through the car during the race, with no one driver behind the wheel for more than a total of 14 hours. Driver changes happen in conjunction with pit stops for fuel and fresh tires.History runs deep at the Circuit de la Sarthe, the name of the 8.5-mile temporary course that roars to life in the sleepy French countryside every June. The original race was run entirely on local roads, but for reasons of safety it now combines sections of public road knitted together with stretches of purpose-built racetrack. The famous Mulsanne straight, part of the original track, is still in use. One of the world’s longest racing straightaways at 3.7 miles, it’s actually a public road, French route départementale D338, except for those few days each year when it is closed down for the 24-hour event. Another tradition: the race cars undergo one of their several technical inspections in the Le Mans town square, where they can be viewed up close by the general public. And the spraying of champagne after a race win? That was started at Le Mans as well, by American Dan Gurney after winning the 1967 race.Racing dynasties have flourished and faded across the 86 years the event has run—it was canceled for 10 years during World War II and in 1936 because of strikes across France. Bentley and Alfa Romeo both made their early reputations with four consecutive wins each in the 1930s. Jaguar and Ferrari dominated the 1950s and 1960s. Henry Ford II’s personal rivalry with Enzo Ferrari resulted in his company deciding to build the Ford GT40, which defeated Ferrari in four straight Le Mans races from 1966 through 1969. Porsche was the dominant force in the 1980s, and Audi prototypes notched an amazing 13 wins between 2000 and 2014.Along with racing triumphs, the race has been the scene of tragedies. The worst of them occurred during the 1955 event, when a Mercedes 300SLR race car crashed at high speed on the front straight, launching flaming parts into the crowd and killing 83 spectators. It remains the worst auto-racing accident in history. As a result, automobile racing was temporarily banned in several European countries. Major safety improvements were made to the Circuit de la Sarthe in the wake of the 1955 event; numerous safety upgrades for both spectators and the racers have been implemented in the decades since. Race cars were already reaching speeds in excess of 225 mph on the Mulsanne by the early 1970s, so a pair of tight zigzag chicanes were added partway down the straight to bring speeds down. Despite the changes, the fastest of today’s race cars will still top 200 mph on the Mulsanne. And that can still mean trouble, as when driver Peter Dumbreck’s Mercedes race car flipped into the trees in 1999; he somehow escaped without major injury.The danger and excitement of 1970s-era Le Mans competition was captured for the silver screen by racer/actor Steve McQueen in his movie Le Mans. And a recent tribute video of the Le Mans event brings McQueen’s spare depiction up to date by evoking the romance that is the Le Mans 24 Hours. Here’s a preview of what you’ll see in the 2021 race.
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    type=’text’ question=’Are you planning to follow the 24 Hours of Le Mans?’ answer1=’I’ll be in front of the TV with snacks and drinks all night.’ answer2=’Not my cup of tea.’][/poll]

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    Toyota RAV4 Hybrid, Corvette Stingray Top List of Cars That Cost More Used Than New

    CarInsurance.org found that the Toyota RAV4 Hybrid and the Chevrolet Corvette Stingray were the biggest gainers last month, topping the list of used cars with prices above new-car MSRP.Using different metrics, iSeeCars recently found that the Kia Telluride, GMC Sierra 1500, and Toyota Tacoma were the top three used cars that cost more than new versions.The2020 Toyota RAV4 Hybrid had a starting MSRP of $29,470, but every example available on Edmunds right now costs more than that, with some base models daring to have a $35,000-plus asking price.New and used vehicle prices are not following the traditional rules these days. The average new-car price hit $41,044 in July, a jump of 17 percent over the year before and, more important, the highest average ever recorded, according to data from J.D. Power and LMC Automotive Forecast. Meanwhile, the confluence of COVID-19, semiconductor chip shortages, and the resulting manufacturing delays has meant that you can’t necessarily find the new car you want when you want it. So demand for used cars has become so great that sellers can practically write their own prices—and they’re doing just that.[editoriallinks id=’163b21fc-5d5c-469c-acbb-1c2456c7519b’ align=’left’][/editoriallinks] Take the 2020 Toyota RAV4 Hybrid in base LE trim, for example. The popular and fuel-efficient small SUV had an official starting MSRP of $29,470, including Toyota’s $1120 delivery fee. But if you were to look at the used listings on Edmunds.com for a 2020 RAV4 Hybrid, you will not find any that are listed below that price. Every one of the 38 used 2020 RAV4 Hybrids currently for sale cost more than the vehicle did when it was new, with many of them featuring an asking price well above $35,000. The price of a new 2021 RAV4 starts at $30,115, including the $1215 delivery fee.CarInsurance.org took a look at Edmunds data to find the vehicles with the biggest delta between their 2020 MSRP and their current highest used car asking prices. The group found that the 10 most popular used cars had a price that was, on average, $7557 higher compared to their new purchase price. Percentage-wise, the RAV4 Hybrid had the largest price increase at $10,493, representing a jump of 37 percent, the group said. The second-highest increase was found in the Chevrolet Corvette Stingray, which jumped up 28 percent, or $22,865. [image id=’ba693fa7-5f59-4607-b575-bdc4e1d44bea’ mediaId=’14169c4f-37d6-4f96-a17a-820e260cf849′ align=’center’ size=’medium’ share=’false’ caption=’2020 Chevrolet Corvette Stingray. ‘ expand=” crop=’18×11′][/image]Chevrolet kept the official MSRP for the brand’s first ever production mid-engine Corvette the same for the 2021 model year as it was for 2020, which means the Stingray costs $60,995 for the coupe and $68,495 for the convertible, including Chevy’s $1095 destination fees. Looking at the actual prices for vehicles available today, there are more than 500 of the 2020 Stingray available on Edmunds, and the lowest-priced one costs $87,500. Sure, that particular example comes with the $1195 Performance Exhaust option, but that doesn’t begin to explain the almost $20,000 price difference.Whatever the exact price increases are for a model you might be interested in, used cars that cost more than new versions are becoming a bit of a trend. Last month, iSeeCars looked at the differences between prices of 2019–2020 model used cars and 2020–2021 model new cars. After analyzing 470,000 listings, the difference between the two groups was just 3.1 percent, down from a 10.8 percent difference in November 2020. iSeeCars found 16 models that cost more used than new, with the Kia Telluride, GMC Sierra 1500, and Toyota Tacoma leading the pack.[poll id=’5f9b409b-253e-4655-a332-a6180923454e_6a0e50dca37b8′ type=’text’ question=’Time to sell that used car?’ answer1=’Already on it.’ answer2=’I’m not ready or don’t want to sell, thanks.’][/poll]
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