Category Archives: news analysis

December US Auto Sales Forecast – Lower Volume with Record Prices, Profits

Consumers are projected to spend $50.6 billion on new vehicles this month, the second highest on record for the month of December and the fifth-highest amount for any month on record during the ongoing Biden Administration recovery. Continue reading

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IMSA – Porsche Virtually Shows LMDh Car

They were  the first images of an actual race car from any of the five manufacturers committed to competing in the IMSA WeatherTech Championship’s new top-tier prototype class – LMDh – when it debuts in 2023. Porsche is partnering with Team Penske and chassis maker Multimatic on the project as Porsche Penske Motorsport. The team will compete in both the WeatherTech Championship and the FIA World Endurance Championship. For the first time in some 30 years, it will be possible to compete for overall victories in the endurance classics at Le Mans, Sebring and Daytona with cars of identical construction. The 500 kW and 680 PS (or ~670 hp that they admit to – Autocrat) hybrid racing car is scheduled to complete numerous test runs in 2022. Continue reading

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FAA Warns Broadband Could Pose Safety Threat to Airlines

Broadband deployment is currently underway but there is scarce data on it’s actually safety effects on flying. In short, your smartphone or someone else’s or the Verizon and AT&T cellphone towers (they own the frequencies that appears to be the most problematic with potential overlap interference) could kill you if it affects airline navigation, particularly in the safety critical instrument-approach-to-landing phase of flying. The device does not have to be in use on the plane. “There have not yet been proven reports of harmful interference due to wireless broadband operations internationally, although this issue is continuing to be studied,” said the FAA. Broadband is also being proposed by some automakers and suppliers as a way to wirelessly recharge electric vehicles. Continue reading

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Nikola to Pay $125 Million to SEC on Fraud Charges

The SEC’s order says that “before Nikola had produced a single commercial product, Milton embarked on a public relations campaign aimed at inflating and maintaining Nikola’s stock price. Milton’s statements in tweets and media appearances falsely gave investors the impression that Nikola had reached certain product and technological milestones.” Continue reading

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GM Stalks $20B Electric Conversion Market

It’s the latest step in GM’s breakthrough commitment to electric vehicles that have fossil-fueled equity analysts living in the past questioning a strategy they clearly don’t understand given their questions during GM earnings calls. They are in a different cloud, so to speak. Continue reading

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Toyota AZ Proving Grounds Now Accessible to Other Makers?

This is an unusual move in AutoInformed’s view because testing grounds by their very definition are involved with the operation and testing of future products that are usually closely guarded secrets. It might be the latest example of the extreme demands on capital and resources that automakers are grappling with as the industry rushes headlong into the unknown future of mobility involving autonomous and electric vehicles. It is one way to offset some of enormous and ongoing costs involved. Continue reading

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Penske Automotive Group Buys Another BMW Store

This is the Group’s 48th BMW dealership world-wide. The acquired dealership is expected to generate approximately $100 million in annualized revenue. Continue reading

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Back to the Future? November Global Sales Rate 80M

However, the disruptions in supply chains are much deeper, with the pandemic returning in force with no end in sight. As the supply crisis continues in Europe and the Americas, the resulting scarce inventories are accompanied by higher prices, which eventually will be another problem hindering sales. Looming near term is a potential trade war with Canada, over proposed US incentives for union-made EVs. In parts of Asia, LMC claims that there are “some signs the worst of the crisis over, though demand will continue to be disrupted well into 2022.” Continue reading

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