3 Things Auto Investors Just Don't Understand - Motley Fool
The 2015 Ford F-150 is "all-new", but the 2016 Ford Explorer is just "new. Source: Ford Motor Company. Ever wonder why automakers refer to some models as "new" -- and others as "all-new". If you've ever asked yourself these questions -- or just wondered about the answers -- then read on. The difference between "new" and "all-new" cars. Coming this fall is General Motors' "all-new" sedan, the 2016 Chevrolet Malibu. The all-new 2016 Chevrolet Malibu will arrive at dealers this fall. Its underpinnings are different, its body panels are a new design, the interior is completely different, and so on. In other words, even though it's a mid-size sedan replacing another mid-size sedan called "Chevrolet Malibu," it's all-new. Compare it to the "new" 2016 Ford Explorer. The current Ford Explorer was "all-new" in 2011. For 2016, Ford gave the Explorer a new front-end design, a new optional engine, a new top-tier trim line ("Platinum"), and a bunch of new high-tech features. It's far from a complete redesign, but it's enough to make it "new," at least in the eyes of Ford and its dealers. Ford's Explorer SUV has been overhauled for 2016. It's "new," but not "all-new. " Source: Ford Motor Company. Source: www.fool.com
