Latest news with #Q8E-tron
Miami Herald
06-05-2025
- Automotive
- Miami Herald
Audi may build future EVs in the United States due to tariffs
Business Audi may build future EVs in the United States due to tariffs In a move aimed at adapting to the rapidly changing tariff-centric trade environment, German luxury automaker Audi is said to be adjusting its production plans to reduce its exposure to the policies set forth by the Trump Administration. According to a new report by Automotive News and its German affiliate Automobilwoche, Audi could use VW Group manufacturing assets in the United States to build its vehicles. Currently, most of Audi's U.S. lineup is imported from Mexico and Europe-a problem that could spell trouble for the automaker, as 25% levies went live on May 3. Sources told the outlet that Audi could build the compact Q4 E-tron EV crossover at VW's plant in Chattanooga, Tennessee, while the bigger Q8 E-tron could see production moved from Mexico to the soon-to-be-completed Scout plant in Columbia, South Carolina. They also noted that Audi is looking for a potential U.S. site to build the Q6 E-tron. In a statement to the outlet, Audi did not confirm any plans to move production stateside. However, it reiterated that the U.S. is its "third global pillar" in its global growth strategy, alongside Europe and China. "We want to increase our presence in the U.S.," the spokesperson said. "We are currently examining various scenarios. We are confident that we will be able to decide on the specific details in consultation with the Group before the end of this year." The news comes as Audi posted a 12% year-over-year jump in quarterly revenue during Q1 2025, which it credits to increased sales of its EVs. From January to March, the brand took in 15.43 billion Euros (~$17.49 billion), an improvement from the 13.73 billion Euros (~$15.56 billion) a year ago. During the same announcement, Audi CFO Jürgen Rittersberger said the automaker is set to introduce 10 models for the U.S. market and that production facilities for these models would be decided later this year. Audi faces a challenging tariff scenario. Of the trio of German luxury leaders, including Mercedes-Benz and the Bavarian Motor Works, Audi stands alone as an "odd one out" because it currently does not have any manufacturing facilities in the U.S. While the X3 is built at BMW's sprawling manufacturing facility in Spartanburg, South Carolina, the Audi-badged rival is built south of the border. Audi's best-selling car, the Q5, is built at the brand's lone North American factory, in San Jose Chiapa, Mexico. Since it opened in 2016, the Mexican factory has produced over a million Q5s. In 2024, 56,799 Q5s were sold in the United States, accounting for more than a quarter of Audi's sales in the region. Related: Why Audi's Bestseller Might Vanish from US Dealerships Final thoughts This news underscores the logistical supply chain challenges that many automakers face, including ways to absorb the 25% tariffs on imported vehicles and car parts, which have come into effect fairly recently. Bloomberg reports that on May 2, the Trump administration announced that components that qualify for preferential treatment under the USMCA would be exempt from the 25% tariff. White House officials confirmed that Trump's move was made to help automakers relocate their parts supply chain to the United States. However, for Audi, it wouldn't be easy, as the Q5s it makes in Mexico are not USMCA-compliant. According to data from American Automobile Labeling Act (AALA) documents provided by the National Highway Traffic Safety Administration (NHTSA), just 2% of its parts are made in the U.S. or Canada-making them Q5 a giant red flag for tariffs. Related: Auto Insurance Industry Faces Up to the Self-Driving Car Revolution Copyright 2025 The Arena Group, Inc. All Rights Reserved. This story was originally published May 6, 2025 at 1:23 PM.
San Francisco Chronicle
23-04-2025
- Automotive
- San Francisco Chronicle
Edmunds: Five used luxury EVs you can get for cheap
Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that's beyond your budget, consider buying a used model. You could save tens of thousands of dollars versus buying new. To help you with your search, the experts at Edmunds have rounded up five luxury EVs that are significantly more affordable on the used market. We included the average pricing of 2022 models because there should be plenty of them thanks to lease returns, and pricing is usually much lower. Polestar 2 The Polestar 2 is a compact sedan with a lifted suspension and hatchback-style trunk. The sporty EV was introduced in 2021 by EV startup Polestar, an offshoot of Volvo. If you want something distinctive, the Polestar 2 delivers because it's built by a relatively unknown brand and sports a distinctive design. Bargain shoppers will like its low used prices. If you're considering one, find out if there is a service center near you. Tip: Aim for a 2022 model, the first year for the single-motor version. These models are more affordable and offer more range than a dual-motor. If you prefer exhilarating acceleration, though, get a dual-motor model. Whichever Polestar 2 you get, its sharp handling will make your drive more enjoyable. Average 2022 pricing: about $26,000 Audi Q8 E-tron Debuting in 2019, the E-tron is one of the longest-running electric luxury SUVs, making used models easy to find. The E-tron is a sleek and sophisticated two-row SUV that's spacious and comfortable. It also boasts smooth and effortless acceleration. In 2024, Audi renamed it the Q8 E-tron and made some significant improvements. The biggest drawback of earlier models is the sub-250-mile driving range. Tip: Try to get a 2020 or newer model because the estimated driving range for 2019 was the lowest, just above 200 miles. To save money, opt for the Premium and Premium Plus trims. If you like sporty coupe-like styling, keep an eye out for the Sportback models. Average 2022 pricing: about $34,000 BMW iX Some used iXs can be a little pricey, but they're still a bargain when you consider base models were about $90K when new. We highly recommend the iX over most electric luxury SUVs as long as you don't mind its polarizing front-end design. Launched for the 2022 model year, the iX only offers five-passenger seating, but it's spacious and has a large cargo area. The BMW also provides over 300 miles of range, has robust acceleration, and touts a bold interior design. Tip: Besides the M60 performance model, your only choice is the xDrive50 model, which, when new, offered several optional packages and stand-alone features. So make sure to look up what features the model you're considering has to get the ones you want. Average 2022 pricing: about $52,000 Mercedes-Benz EQS Sedan Used EQS sedans are some of the best used luxury EV bargains. You can find models from 2022, the year it was launched, for under $50K. That's a huge discount from the original $100,000-plus price. The EQS is also an excellent EV. The big Mercedes has consistently been one of Edmunds' best electric sedans since it debuted thanks to its long driving range, impressive tech features and very comfortable ride. Tip: If you want range over power, aim for the single-motor 450+ model. But if you want all-wheel drive or prefer power over range, get a dual-motor model such as the 450 4Matic or the more powerful 580 4Matic. Average 2022 pricing: about $53,000 Tesla Model X Famous for its falcon-wing doors, the Model X is one of the original electric luxury SUVs. Finding a used model shouldn't be hard because the Tesla was introduced in 2016. The Model X is the largest SUV on this list and the only one that offers three rows of seating. Tesla's regular over-the-air updates keep its software up to date, and as with most Teslas, it's quick and agile, especially for a large SUV. Tip: Consider 2021 models and newer because Tesla gave the Model X significant interior updates in 2021 and introduced the 1,020-horsepower Plaid model. Also, certain pre-2021 versions have low range, and some could be approaching the end of their battery warranty. Average 2022 pricing: about $59,000 Edmunds Says Michael Cantu is a contributor at Edmunds.
Yahoo
23-04-2025
- Automotive
- Yahoo
Edmunds: Five used luxury EVs you can get for cheap
Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that's beyond your budget, consider buying a used model. You could save tens of thousands of dollars versus buying new. To help you with your search, the experts at Edmunds have rounded up five luxury EVs that are significantly more affordable on the used market. We included the average pricing of 2022 models because there should be plenty of them thanks to lease returns, and pricing is usually much lower. Polestar 2 The Polestar 2 is a compact sedan with a lifted suspension and hatchback-style trunk. The sporty EV was introduced in 2021 by EV startup Polestar, an offshoot of Volvo. If you want something distinctive, the Polestar 2 delivers because it's built by a relatively unknown brand and sports a distinctive design. Bargain shoppers will like its low used prices. If you're considering one, find out if there is a service center near you. Tip: Aim for a 2022 model, the first year for the single-motor version. These models are more affordable and offer more range than a dual-motor. If you prefer exhilarating acceleration, though, get a dual-motor model. Whichever Polestar 2 you get, its sharp handling will make your drive more enjoyable. Average 2022 pricing: about $26,000 Audi Q8 E-tron Debuting in 2019, the E-tron is one of the longest-running electric luxury SUVs, making used models easy to find. The E-tron is a sleek and sophisticated two-row SUV that's spacious and comfortable. It also boasts smooth and effortless acceleration. In 2024, Audi renamed it the Q8 E-tron and made some significant improvements. The biggest drawback of earlier models is the sub-250-mile driving range. Tip: Try to get a 2020 or newer model because the estimated driving range for 2019 was the lowest, just above 200 miles. To save money, opt for the Premium and Premium Plus trims. If you like sporty coupe-like styling, keep an eye out for the Sportback models. Average 2022 pricing: about $34,000 BMW iX Some used iXs can be a little pricey, but they're still a bargain when you consider base models were about $90K when new. We highly recommend the iX over most electric luxury SUVs as long as you don't mind its polarizing front-end design. Launched for the 2022 model year, the iX only offers five-passenger seating, but it's spacious and has a large cargo area. The BMW also provides over 300 miles of range, has robust acceleration, and touts a bold interior design. Tip: Besides the M60 performance model, your only choice is the xDrive50 model, which, when new, offered several optional packages and stand-alone features. So make sure to look up what features the model you're considering has to get the ones you want. Average 2022 pricing: about $52,000 Mercedes-Benz EQS Sedan Used EQS sedans are some of the best used luxury EV bargains. You can find models from 2022, the year it was launched, for under $50K. That's a huge discount from the original $100,000-plus price. The EQS is also an excellent EV. The big Mercedes has consistently been one of Edmunds' best electric sedans since it debuted thanks to its long driving range, impressive tech features and very comfortable ride. Tip: If you want range over power, aim for the single-motor 450+ model. But if you want all-wheel drive or prefer power over range, get a dual-motor model such as the 450 4Matic or the more powerful 580 4Matic. Average 2022 pricing: about $53,000 Tesla Model X Famous for its falcon-wing doors, the Model X is one of the original electric luxury SUVs. Finding a used model shouldn't be hard because the Tesla was introduced in 2016. The Model X is the largest SUV on this list and the only one that offers three rows of seating. Tesla's regular over-the-air updates keep its software up to date, and as with most Teslas, it's quick and agile, especially for a large SUV. Tip: Consider 2021 models and newer because Tesla gave the Model X significant interior updates in 2021 and introduced the 1,020-horsepower Plaid model. Also, certain pre-2021 versions have low range, and some could be approaching the end of their battery warranty. Average 2022 pricing: about $59,000 Edmunds Says You can get deep discounts on slightly used luxury EVs. And if you're worried about a costly battery replacement, keep in mind that EVs have at least an eight-year/100,000-mile battery warranty. Some companies offer even longer coverage. ____ This story was provided to The Associated Press by the automotive website Edmunds. Michael Cantu is a contributor at Edmunds.
Associated Press
23-04-2025
- Automotive
- Associated Press
Edmunds: Five used luxury EVs you can get for cheap
Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that's beyond your budget, consider buying a used model. You could save tens of thousands of dollars versus buying new. To help you with your search, the experts at Edmunds have rounded up five luxury EVs that are significantly more affordable on the used market. We included the average pricing of 2022 models because there should be plenty of them thanks to lease returns, and pricing is usually much lower. Polestar 2 The Polestar 2 is a compact sedan with a lifted suspension and hatchback-style trunk. The sporty EV was introduced in 2021 by EV startup Polestar, an offshoot of Volvo. If you want something distinctive, the Polestar 2 delivers because it's built by a relatively unknown brand and sports a distinctive design. Bargain shoppers will like its low used prices. If you're considering one, find out if there is a service center near you. Tip: Aim for a 2022 model, the first year for the single-motor version. These models are more affordable and offer more range than a dual-motor. If you prefer exhilarating acceleration, though, get a dual-motor model. Whichever Polestar 2 you get, its sharp handling will make your drive more enjoyable. Average 2022 pricing: about $26,000 Audi Q8 E-tron Debuting in 2019, the E-tron is one of the longest-running electric luxury SUVs, making used models easy to find. The E-tron is a sleek and sophisticated two-row SUV that's spacious and comfortable. It also boasts smooth and effortless acceleration. In 2024, Audi renamed it the Q8 E-tron and made some significant improvements. The biggest drawback of earlier models is the sub-250-mile driving range. Tip: Try to get a 2020 or newer model because the estimated driving range for 2019 was the lowest, just above 200 miles. To save money, opt for the Premium and Premium Plus trims. If you like sporty coupe-like styling, keep an eye out for the Sportback models. Average 2022 pricing: about $34,000 BMW iX Some used iXs can be a little pricey, but they're still a bargain when you consider base models were about $90K when new. We highly recommend the iX over most electric luxury SUVs as long as you don't mind its polarizing front-end design. Launched for the 2022 model year, the iX only offers five-passenger seating, but it's spacious and has a large cargo area. The BMW also provides over 300 miles of range, has robust acceleration, and touts a bold interior design. Tip: Besides the M60 performance model, your only choice is the xDrive50 model, which, when new, offered several optional packages and stand-alone features. So make sure to look up what features the model you're considering has to get the ones you want. Average 2022 pricing: about $52,000 Mercedes-Benz EQS Sedan Used EQS sedans are some of the best used luxury EV bargains. You can find models from 2022, the year it was launched, for under $50K. That's a huge discount from the original $100,000-plus price. The EQS is also an excellent EV. The big Mercedes has consistently been one of Edmunds' best electric sedans since it debuted thanks to its long driving range, impressive tech features and very comfortable ride. Tip: If you want range over power, aim for the single-motor 450+ model. But if you want all-wheel drive or prefer power over range, get a dual-motor model such as the 450 4Matic or the more powerful 580 4Matic. Average 2022 pricing: about $53,000 Tesla Model X Famous for its falcon-wing doors, the Model X is one of the original electric luxury SUVs. Finding a used model shouldn't be hard because the Tesla was introduced in 2016. The Model X is the largest SUV on this list and the only one that offers three rows of seating. Tesla's regular over-the-air updates keep its software up to date, and as with most Teslas, it's quick and agile, especially for a large SUV. Tip: Consider 2021 models and newer because Tesla gave the Model X significant interior updates in 2021 and introduced the 1,020-horsepower Plaid model. Also, certain pre-2021 versions have low range, and some could be approaching the end of their battery warranty. Average 2022 pricing: about $59,000 Edmunds Says You can get deep discounts on slightly used luxury EVs. And if you're worried about a costly battery replacement, keep in mind that EVs have at least an eight-year/100,000-mile battery warranty. Some companies offer even longer coverage. ____ This story was provided to The Associated Press by the automotive website Edmunds. Michael Cantu is a contributor at Edmunds.
The Independent
23-04-2025
- Automotive
- The Independent
Edmunds: Five used luxury EVs you can get for cheap
Just about every premium brand sells at least one luxury electric vehicle, and some offer several choices. But new luxury EVs are expensive, and many have prices starting around six figures. If that's beyond your budget, consider buying a used model. You could save tens of thousands of dollars versus buying new. To help you with your search, the experts at Edmunds have rounded up five luxury EVs that are significantly more affordable on the used market. We included the average pricing of 2022 models because there should be plenty of them thanks to lease returns, and pricing is usually much lower. Polestar 2 The Polestar 2 is a compact sedan with a lifted suspension and hatchback-style trunk. The sporty EV was introduced in 2021 by EV startup Polestar, an offshoot of Volvo. If you want something distinctive, the Polestar 2 delivers because it's built by a relatively unknown brand and sports a distinctive design. Bargain shoppers will like its low used prices. If you're considering one, find out if there is a service center near you. Tip: Aim for a 2022 model, the first year for the single-motor version. These models are more affordable and offer more range than a dual-motor. If you prefer exhilarating acceleration, though, get a dual-motor model. Whichever Polestar 2 you get, its sharp handling will make your drive more enjoyable. Average 2022 pricing: about $26,000 Audi Q8 E-tron Debuting in 2019, the E-tron is one of the longest-running electric luxury SUVs, making used models easy to find. The E-tron is a sleek and sophisticated two-row SUV that's spacious and comfortable. It also boasts smooth and effortless acceleration. In 2024, Audi renamed it the Q8 E-tron and made some significant improvements. The biggest drawback of earlier models is the sub-250-mile driving range. Tip: Try to get a 2020 or newer model because the estimated driving range for 2019 was the lowest, just above 200 miles. To save money, opt for the Premium and Premium Plus trims. If you like sporty coupe-like styling, keep an eye out for the Sportback models. Average 2022 pricing: about $34,000 BMW iX Some used iXs can be a little pricey, but they're still a bargain when you consider base models were about $90K when new. We highly recommend the iX over most electric luxury SUVs as long as you don't mind its polarizing front-end design. Launched for the 2022 model year, the iX only offers five-passenger seating, but it's spacious and has a large cargo area. The BMW also provides over 300 miles of range, has robust acceleration, and touts a bold interior design. Tip: Besides the M60 performance model, your only choice is the xDrive50 model, which, when new, offered several optional packages and stand-alone features. So make sure to look up what features the model you're considering has to get the ones you want. Average 2022 pricing: about $52,000 Mercedes-Benz EQS Sedan Used EQS sedans are some of the best used luxury EV bargains. You can find models from 2022, the year it was launched, for under $50K. That's a huge discount from the original $100,000-plus price. The EQS is also an excellent EV. The big Mercedes has consistently been one of Edmunds' best electric sedans since it debuted thanks to its long driving range, impressive tech features and very comfortable ride. Tip: If you want range over power, aim for the single-motor 450+ model. But if you want all-wheel drive or prefer power over range, get a dual-motor model such as the 450 4Matic or the more powerful 580 4Matic. Average 2022 pricing: about $53,000 Tesla Model X Famous for its falcon-wing doors, the Model X is one of the original electric luxury SUVs. Finding a used model shouldn't be hard because the Tesla was introduced in 2016. The Model X is the largest SUV on this list and the only one that offers three rows of seating. Tesla's regular over-the-air updates keep its software up to date, and as with most Teslas, it's quick and agile, especially for a large SUV. Tip: Consider 2021 models and newer because Tesla gave the Model X significant interior updates in 2021 and introduced the 1,020-horsepower Plaid model. Also, certain pre-2021 versions have low range, and some could be approaching the end of their battery warranty. Average 2022 pricing: about $59,000 Edmunds Says You can get deep discounts on slightly used luxury EVs. And if you're worried about a costly battery replacement, keep in mind that EVs have at least an eight-year/100,000-mile battery warranty. Some companies offer even longer coverage. ____ This story was provided to The Associated Press by the automotive website Edmunds. Michael Cantu is a contributor at Edmunds.
