28 AUGUST 20, 2018 autonews .com the week on the web 08.13.18 FREE WEBINARS ! >> Most-read story: Bad books, death threats and a bankruptcy: The stunning collapse of Reagor Dykes AUGUST 21 2 PM ET Nio fi les for IPO in U.S. Nio, the electric-car maker backed by technology giant Tencent Holdings, fi led for a $1.8 billion initial public offering in the U.S. as it gears up to compete against the likes of Tesla. The company applied to list its American depositary shares on the New York Stock Exchange under the symbol NIO. Modern Fleet Management:
How to Elevate CSI and Drive Profi tability In this session, learn how a digital approach to loaner fl eet management can not only dramatically improve the customer experience and save millions of dollars a year, but also create a huge opportunity to better optimize your service department to serve future customer mobility needs. Consumer apprehension over autonomous tech grows Increasing awareness of self-driving vehicles is fueling apprehension about the safety of the technology. Nearly half of 1,250 consumers surveyed said they would never buy a Level 5 (or fully autonomous) vehicle, according to a Cox Automotive consumer attitudes study .
That’s up from 30 percent of the 2,264 people polled two years ago. Nearly 85 percent of respondents in the 2018 survey think people should always have the option to drive themselves, even in a self- driving vehicle, compared with 16 percent who would feel comfortable letting an autonomous vehicle drive them without the option of being able to take control. SEPTEMBER 11 2 PM ET Porsche taps video game industry for design innovation Porsche has partnered with video game maker Epic Games and Nvidia, a leader in graphic processing hardware, to demonstrate what they tout as a breakthrough in computer design rendering.
The system already is being used to help develop the next-generation Porsche 911. The partners used the SIGGRAPH IT conference in Vancouver, British Columbia, to unveil “Speed of Light,” a video presentation featuring a Porsche 911 Speedster concept rendered using real-time ray-tracing software. Convenience Wins | 5 Tips to Improve the Customer Experience J.D. Power, Nielsen launch Nielsen Auto Cloud Nielsen and J.D. Power are banding together to bring auto marketers a new platform that will allow them to measure and target car buyers more precisely to boost return on investment.
Through Nielsen Auto Cloud, auto marketers will have access to Nielsen’s shopping and behavioral data, along with buy insights pulled from J.D. Power’s vehicle sales data, to improve marketing performance. Media buyers can customize advertising messages and target car buyers through criteria such as features, styles, buying stage, brand affi nities, media engagement, geolocation and more. Online shopping has changed the way that consumers behave. Convenience now tops the list of consumer expectations and dealers that aren’t catering to these expectations will be passed over for those that do.
In this webinar, we will discuss how your business can compete in today’s convenience economy and meet the expectations that consumers now have. Faraday sets up shop in China Evergrande Health Industry Group, which owns a 45 percent stake in U.S.-based Faraday Future, said the new-energy vehicle startup has set up its operating headquarters in China and it plans to build fi ve r&d and production bases across the country in the next decade.
SEPTEMBER 25 2 PM ET From Automotive News , Automotive News Canada , Bloomberg and Reuters Jaguar Land Rover to open Georgia facility to restore and sell its classics Richard Truett rtruett@crain.com Its restoration specialists can re- search a vehicle’s original build re- cords, then use factory assembly manuals, literature and a growing range of classic parts that JLR has put back into production to return a ve- hicle to showroom condition. the future-proofi ng classic expertise and support we’ve nurtured in the UK direct to U.S.
clients.” Grow Profi ts by Getting Hyper-Local With the price of Jaguar and Land Rover classic vehicles soaring — a rare North American version of the 1993 Land Rover Defender 110 with 180,000 miles sold recently for $93,110 — JLR is opening a factory restoration, sales and service center in Savannah, Ga. T e facility will have 42 bays and handle vehicles out of production 10 years or more. A separate showroom will off er what JLR calls its Classic Works Legends vehicles for sale. Such vehicles would include Land Rover Defender and Series SUVs, Jaguar XKR sports coupes, the classic Jaguar XJ6 sedan and even early versions of the Land Rover Discovery, which are now also becoming collectible.
Today's dealers often make million-dollar decisions based on gut feel. They think they know their customers and competitors, but often these assumptions don't align with real-world data. This webinar will share how dealers can use data to better understand the unique customer niches in their markets and how the data will help re-shape their marketing strategies and media plans. JLR says the Savannah facility will off er vehicle restorations, processing (light restoration), sales of used clas- sic cars, vehicle servicing and main- tenance, customer commissions, branded accessories, driving experi- ences, customer race car prep and site visits or event hosting.
T e facility, which will employ 75 old-car specialists, is scheduled to open in about a year, JLR said last week. Owners of classic vehicles , such as the Jaguar XKE sports car and Land Rover Range Rover Classic will be able to have their vehicles serviced or even completely restored by JLR-trained staff . Private imports of Defenders 25 years or older from Europe have soared in recent years as the value of used models in the U.S. has risen. “Creating a dedicated facility in the U.S. — one of the largest markets for classic car enthusiasts — is an im- portant and exciting step ,” said Tim Hanni g, director of Jaguar Land Rov- er Classic.
“We’re delighted to bring Mercedes-Benz and Porsche oper- ate similar facilities catering to own- ers of classics. a autonews.com/powertraining JLR operates two similar facilities, one in the U.K. and one in Germany.