Category Archives: manufacturing

Cox Automotive Alters January Forecast Sales Down

New-vehicle sales in January increased compared to year-ago levels, but initial results indicate that market volume likely came in slightly below the forecast, Cox Automotive** said today. The original Cox Automotive forecast* called for year-over-year growth of 5.2%, but early estimates “suggest the increase was closer to 4%.” Some automakers posted record January volume and others saw declines from January 2024 levels.

“Our market continues to be one of diverging stories,” said Cox Automotive Chief Economist Jonathan Smoke. “While the macro view is one of growth, ‘actual experience may vary.’ January is typically a low-volume sales month, and there were no shortages of sales challenges last month – from extreme cold over much of the market to major fire disruptions in Southern California. Consumer confidence also declined more than expected in January and was lower than in January 2024, the first yearly decline since September. All factors considered, the positive sales performance in January was a good sign for the market,” Smoke said. Continue reading

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Subaru Forester Recall for Bad Alloy Wheels

Subaru of America (Subaru Corp. NASDAQ: FUJHF) is recalling more than 20,000 2025 Forester vehicles equipped with 18″ aluminum alloy wheels, according to the required recall documents made public today by the National Highway Traffic Safety Administration.

“The wheels may have been manufactured with an incorrectly specified lug seat surface, which can result in the wheel being improperly attached and cause a loss of vehicle stability,” Subaru said in the required safety defect recall filing. Continue reading

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Toyota Recalls a Previous Bad Airbag Recall

“An electrical connection inside the steering column’s spiral cable assembly may be insufficiently welded, causing the connection to separate and deactivate the driver’s air bag. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 208, “Occupant Crash Protection,” Toyota said in the mandatory safety defect filing made public by the National Highway Traffic Safety Administration this morning. Continue reading

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Acura MDX Vehicles recalled for Bad Rear-view Cameras

American Honda Motor Company is recalling more than 9000 2025 Acura MDX vehicles for bad back-up cameras, according to  a safety defect filing made public by the National Highway Traffic Safety Administration this morning.

“The touchscreen in the center console may go blank, resulting in the rearview camera image not displaying as intended. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 111, Rear Visibility,” Honda said in the mandatory safety defect recall filing. Continue reading

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More Stellantis Executive Changes as Stock Drops

“Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers,” Stellantis said. However, there still is no new permanent Chief Executive Officer from the Special Committee of the Board of Directors at a time when Trump’s executive orders – viz tariff’s – are wreaking havoc in the auto industry. Stellantis shares are down ~8% this morning. Continue reading

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Toyota Motor Leads Global 2024 CY Sales at 10.8M

Toyota Motor Corporation (7203.T) today posted its sales, production, and export results for December 2024 , and significantly the total from January to December 2024, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors. With 10.8 million sold – down ~3.7% because of regulatory compliance issues in Japan and the ongoing EV price war in China – TMC easily out sold the Volkswagen group, which reported a 2.3% drop in global sales for 2024 at ~9 million. This makes TMC the undisputed global sales leader for the fifth straight year. Continue reading

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Suzuki, Daihatsu, Toyota to Release EV Mini-Commercial Vans

Suzuki Motor Corporation, Daihatsu Motor Company and Toyota Motor Corporation said today that they have decided to aim for the release of their mini-commercial van electric vehicles (BEVs) respectively in fiscal 2025.*

“This mini-commercial van BEV, jointly developed by the three companies, combines Suzuki and Daihatsu’s expertise in creating small-size cars with Toyota’s electrification technology and is equipped with a BEV system suitable for mini-commercial vehicles. Commercial Japan Partnership Technologies Corporation also participated in the planning to achieve a vehicle with optimal specifications for efficient last-mile logistics,” the companies said in a joint release. Continue reading

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Stellantis Buys All of the Punch Powertrain JV

Stellantis (NYSE:STLA) announced today that it has acquired all the shares in the joint venture created in 2018 with the Belgian multinational Punch Powertrain, an original equipment maker of transmission and propulsion systems in the automotive sector. In the complex world of global automakers, the JV worked in the plants at Metz (FR) and Turin, at the Mirafiori complex (IT), where the advanced eDCT (Electrified Dual Clutch Transmission) gearboxes are produced. They will be seen in the entire Stellantis range of Mild Hybrid (MHEV) vehicles and the new generation of Plug-in (PHEV) vehicles.

“With this decision, Stellantis assumes full management of the design and production activities of the eDCT transmissions, characterized by class leading performance in terms of weight and production cost, fuel savings and reductions in harmful emissions,” the muti-national auto maker said in a release. Continue reading

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GM Posts Record 2024 EBIT, EPS and Cash Flow

General Motors (NYSE:GM) today posted full-year 2024 net income attributable to shareholders of $6.0 billion at an EBIT-adjusted $14.9 billion. Full-year revenue increased ~9% to $187.4 billion. Investors in GM earned a 50% total return as GM ended the year with an outstanding share count of 995 million ahead of its announced buyback plan. Fourth quarter net income was reduced by more than $5 billion in special charges, primarily by $4 billion of non-cash restructuring charges and impairment of GM interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business. Continue reading

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Kia Niro Recalls for Air Bags or Seat Belts

Dealers will inspect, replace and reroute the floor wiring assembly, as necessary, free of charge as required by long-standing Federal safety regulations. In addition, dealers will install wiring covers. Owner notification letters are expected to be mailed 14 March 2025. Owners may contact Kia customer service at 1-800-333-4542. Kia’s number for this recall is SC332. Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 or go to nhtsa.gov about NHTSA 25V024. Continue reading

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Ford Bronco Recalls – Shocks and Batteries

Ford Motor Company (NYSE:F) is recalling 149,449 2021-2024 Bronco vehicles. The rear shock absorbers may corrode and fail, resulting in detachment of the external reservoir. Ford is also recalling a previous recall on 272,817 2021-2023 Bronco Sport and 2022-2023 Maverick vehicles. The 12-volt battery may experience degradation and suddenly fail. If the battery suddenly degrades during a drive it can lead to a vehicle that is unable to restart after an auto stop/start event or experience a stall while coming to a stop at low speed. Either of these conditions may be accompanied by a loss of 12-volt accessories, including hazard lights. Continue reading

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First Look – 2026 Model Cadillac LYRIQ-V

Cadillac is adding a significant model to its high-performance V-Series family with the 2026 Cadillac LYRIQ-V – the first-ever all-electric V-Series performance vehicle. Cadillac- estimates it has 615 horsepower and 650 lb.-ft . (880 Nm) of torque, which deliver a Cadillac-estimated 0-60 time of 3.3 seconds with Velocity Max. This makes it the quickest Cadillac ever starting at $79,990. The timing is unfortunate given Trump’s emerging trade and economic policies that likely will negatively affect Lyric’s prospects in the U.S., Canada and globally. LYRIQ-V will also be sold in the Australia, New Zealand, as well as other markets to be announced. Production starts early 2025 at General Motors’ Spring Hill Manufacturing plant in Tennessee. Continue reading

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More Green Economy Jobs Coming to Michigan

Four economic development projects in Southeast Michigan  representing~ $55 million in capital investment and 167 jobs in Wayne and Oakland counties were announced today by Governor Gretchen Whitmer. 3E Nano Inc, dba NxLite is a company providing nano-thin energy and solar control coatings for the polymer, glass, and window industries. Robert Bosch LLC., part of the Bosch Group intends to create a Regional Hydrogen Research and Development Hub at the company’s Farmington Hills headquarters. Envergia recovers minerals and metals from recycling of industrial lithium-ion and EV batteries. Software company dSPACE.

“Today, we are investing in advanced manufacturing companies across Southeast Michigan to create 167 good-paying jobs and build on our work to grow Michigan’s economy,” said Governor Whitmer. “From battery recycling to software testing to research and development, we are bringing good-paying, high-tech jobs home to Michigan, creating opportunities for our workers and securing the automotive supply chain.” Continue reading

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First Look – 2026 Subaru Crosstrek Hybrid

Subaru of America today announced the new 2026 Subaru Crosstrek Hybrid. The third-generation Subaru Crosstrek returns with a hybrid model for 2026 in the fall of 2025, equipped with a next-generation Subaru series-parallel hybrid system, a high-capacity lithium-ion battery and standard Symmetrical All-Wheel-Drive. Continue reading

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Michigan Governor Gretchen Whitmer Defends Auto Industry

“To grow Michigan’s economy and fight for the auto industry, I’ll work with anyone who’s serious about solving problems in Lansing or DC,” said Governor Whitmer. “Right now, there’s an ongoing, global competition between Michigan, China, and other states to build the future of the auto industry. To make sure we win, we need commonsense, bipartisan tools that create good-paying jobs and bring supply chains home. We must also find a fiscally responsible, sustainable solution to fix the damn roads work with our Canadian neighbors to ensure tariffs don’t lead to higher costs for families and businesses. Together, let’s create Michigan jobs, fix Michigan roads, and grow Michigan’s economy. The road ahead is bright, so let’s roll up our sleeves and get to work.” Continue reading

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