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Category Archives: auto news
2022 US Light Vehicles Sales Worst Since 2011
However, December posted the highest volumes of 2022, ahead of March by ~26,000 units. The daily selling rate was estimated by LMC as 47,500 units/selling day, compared to 44,900 units/selling day in November. LMC thinks that shows how the annualized selling rate was affected by the historical seasonality rather than the pace of sales necessarily slowing down. According to preliminary estimates, retail sales totaled around 1,057,000 units, unchanged from December 2021, while fleet accounted for approximately 225,000 units, representing 17.6% of the total market. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, David Oakley, GlobalData, Jeff Schuster, Ken Zino, lmc
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Mercedes-Benz to Open a Global EV Charging Network
General Motors is arguably well ahead of Mercedes in offering charging stations. Even though more public charging stations are in operation than ever, customer satisfaction with public Level 2 charging declined from last year, dropping to 633 (on a 1,000-point scale) from 643 in 2021, while satisfaction with the speedier DC (direct current) fast charger segment remains flat at 674, J.D. Power told AutoInformed last August. Continue reading
GM, Andretti Global to Seek Formula One Cadillac Entry
The two well-known American brands in the automotive and motorsport sectors, have announced their intent to pursue the opportunity to compete in the FIA Formula One World Championship. GM would be represented by the Cadillac brand. The Andretti Cadillac team would be based in the U.S. with a support facility in the U.K. The Andretti Cadillac team is planning to submit an Expression of Interest when the FIA opens the formal process. If selected, the team is seeking to compete as soon as practical with at least one American driver. Let the speculation begin. Continue reading
FHWA Large Bridge Project Grants Underway
This program is part of the Administration’s largest dedicated investment in highway bridges since the construction of the Interstate highway system. Almost $40 billion projected to be spent over five years that will help repair or rebuild ten of the most economically significant bridges in the country. Thousands of other bridges across the country are covered by the program as well. Continue reading
Ford Claims F-Series Retains Title of Best-Selling Truck in 2022
However, since Ford’s Edsel and Mercury brands are long gone and Lincoln is not in this segment, there is room to debate that General Motors with it Chevrolet, GMC and Hummer pickup lines might sell a greater number of pickups when final sales numbers are in. This also means that Ford Maverick, Ranger, F-150, Super Duty, all the way up to F-750 should also be included in the competitive tally. Continue reading
Posted in marketing, sales
Tagged auto industry commentary, autoinformed.com, Chevrolet, f-150, F-750, gmc, Hummer, Ken Zino, Maverick, pickup up truck sales, ranger, Super Duty
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US Construction Spending For November 2022 Flat
Construction, aside from being an indicator of the overall health of the US economy, is particularly important to automakers with a substantial stake in the highly profitable pickup truck segments at the Detroit Three – General Motors with Chevrolet and GMC; FCA with Ram; and Ford Motor with F-series. While the Biden administration recovery is continuing, The Federal Reserve interest hikes appear likely to send the US economy into an unneeded and unwanted recession. Continue reading
Significant 2022 Automotive Stories and Trends
With that in mind, here’s our latest takes on the 2022 annum of automobility, from autonomous and electric vehicles needed to foil planet-killing global warming, to driving caused deaths, to trade, tariffs, allies and, alas, the still ongoing threats from American fascism and racism that are opposing our collective growth. We undertake this with an awareness that AutoInformed conducts its education in public with our deficiencies apparent. We begin our annual taking stock with comments on significant automotive stories of 2022 as we look to endure another year of plagues – covid variants, political insurrections, social unrest and others to come. Continue reading
US Recovering from Covid. Greenhouse Gasses a Problem
This is an important report for policy makers and the rest of us because Transportation accounted for 8.4% of the US gross domestic product in 2021, up from 7.7% in 2020, but down from 9.1% percent in 2019. During 2021, the wholesale and retail trade sector continued to require more transportation services than any other sector to produce one dollar of gross output. Continue reading
Drowning Risk – Body Glove Tandem Inflatable Paddle Boards
Surf 9 is recalling Body Glove Tandem and ULI Inflatable Paddle Boards because of a drowning risk. The paddle boards were sold exclusively at Costco (Costco item# 2622049), The US Consumer Product Safety Commission said today in a release. Continue reading
Japanese Global Sales Weak in November. China is a Disaster
The global sales results of major Japanese automakers just released for November of 2022 show weakness and an uncertain outlook for 2023. The world’s largest car market, China, as well Putin’s war against Ukraine are major culprits. This in our view significantly clouds the outlook for 2023. However, Toyota Motor is showing resilience to the sales flu thus far as winter sets in. Continue reading
Political Climate Change – Man Sentenced in Foiled Michigan Governor Kidnapping Conspiracy
A jury in an earlier trial was unable to reach a verdict. In my view, things have changed significantly in many people’s minds about the Big Lie and the associated, often violent, assaults against institutions and people as the January 6 Committee during the past year presented its devastating case of what went on and who was part of it. Call it a national warming toward protecting our Democracy after the melting of the last Republican ice age. National security is also a critical issue in Trump’s case, of course, with his unexplained stolen documents. Continue reading
Posted in AutoInformed Editorial, fools 'n frauds, news analysis, people
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Budget Changes EV Rental Terms. Singles out Tesla
“This EV Amendment simultaneously amends the terms of your rental from Budget with respect to the terms herein only. All other terms of your rental remain in full force and effect. In the event of any conflict between the terms of this EV Amendment and your other rental terms, the terms of this EV Amendment shall govern,” Budget said. In other words EVs are singled out. Continue reading
More Fuel Cell Vehicles from CJPT
Since it was founded in April 2021 by Toyota, Hino and Isuzu Motors, CJPT’s goal was “to enable technology development for commercial vehicles by considering initiatives at logistics sites to contribute to achieving a carbon neutral society and reduce the burden on drivers and workers by accelerating the use of autonomous vehicles and systems.” Continue reading
Stellantis to Buy a Large Part of Faurecia Michelin Hydrogen
Stellantis is tiptoeing into hydrogen mobility having launched mid-size vans in late 2021. Stellantis is pursuing an aggressive ambition as part of the so-called “Dare Forward 2030” strategic plan, which includes expanding its hydrogen offerings to large vans as early as 2024 in Europe and 2025 in the US while further exploring opportunities for heavy-duty trucks. Toyota Motor appears to AutoInformed to be the clear leader in these areas, but this is an endurance race not a sprint. Continue reading
Posted in alternative fuels, electric vehicles, fuel economy or emissions, global warming, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, carlos tavares, Dare Forward 2030, Faurecia Michelin Hydrogen, Ken Zino, Patrick Koller, Stellantis Dare Forward 2030, Symbio
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US December Unemployment at Record Low of 3.5%
Nevertheless, the Federal Reserve seems determined to send the US economy into a deep recession. The Fed has done this in the past with reckless interest rate increases from an ideology that thinks it is good when people lose jobs to keep demand and inflation down. However, consider that during December, average hourly earnings for all employees on private non-farm payrolls rose by 9 cents, or a mere 0.3%, to $32.82. During the past 12 months, average hourly earnings have increased by 4.6%. In December, average hourly earnings of private-sector production and non-supervisory employees rose by 6 cents, or 0.2%, to $28.07. AutoInformed doesn’t consider the latest data as cause for inflationary worries, let alone more interest rate increases. (Autoinformed.com: Federal Reserve Chair Powell Says Inflation Remains Too High) Continue reading →