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- Audi Recalls Seat Belts for Child Seat Retention Failures
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Category Archives: auto news
First Virtual Look – 2021 Toyota Venza Two-Row Crossover
All Venza’s will be hybrids – supporting Toyota’s stated goal of selling 25% of its product line as hybrids by 2025 – and all will be AWD. More pertinent to buyers, the 219 horsepower, 5-seat Venza is projected to have an EPA combined mileage of 40 mpg (LE trim and Electronic On-Demand All-Wheel Drive) when it goes on sale this summer. Pricing is not released yet and could be critical to Venza’s success in the salesroom or as is likely online as the U.S. is far, far behind in social distancing and a national response. It does however lead the world in Covid plague deaths. Continue reading
Failed Pre-Collision – Ford Recalls Expedition, Navigator
Obviously, this is a safety defect because if the driver is unaware that the Pre-Collision Assist system is not enabled, they may rely on a system that is not functional, increasing the risk of a crash or injury. Continue reading
Chevrolet, Buick, GMC and Cadillac Expand Customer Care Marketing Initiatives With the ‘CLEAN’ Program
Dealers who enroll in the so-called CLEAN program have agreed to follow CDC guidelines and to use Environmental Protection Agency-approved cleansers in connection with the cleaning of their facilities, including high-traffic areas, and the cleaning of new, used and serviced customer vehicles. Dealers who enroll in the program have committed to following the CDC guidelines and practices upon enrollment. They should not inject or drink bleach of course. Continue reading
MotorCities At Home – a Zoom Look at Hood Ornaments
The series kicks off this Friday at noon with “Mascots of Motion” with automotive journalist Steve Purdy. Continue reading
Half of Pandemic Layoffs Will Result in Permanent Job Loss
The authors say that even if the crisis is resolved quickly, many pandemic-induced shifts in consumer demand and business will linger. Therefore, they conclude that the reallocation of labor is likely to persist and estimate that 42% of recent pandemic-induced layoffs will result in permanent job loss. Continue reading
Einride and Oatly to Electrify Transport in Sweden
“Road freight transport as it currently exists is a system that drastically needs to change. Nearly 7% of global CO2 emissions come from this road freight, a figure that will only increase if we do not switch to more sustainable,” says Robert Falck, CEO and Founder of Einride. Continue reading
VW: Three-Month Warranty Extension On New, Used Vehicles
Volkswagen and Volkswagen Credit (VCI) also announced an extension of customer payment relief options put in place because of the ongoing COVID-19 pandemic. Continue reading
COVID Journal – Our Correspondents on Politics, Policy and Insights in these Medieval Times of a 21st Century Plague
Well, we are isolating in place. I have seen all of Fleabag and the Crown, and The Medici, among others. Hoarding here is more contagious than Corona virus. King Trump, as always, is trying to bluff his way out of the crisis he abetted by dismissing the threat and then – even now – refusing to act while self-praising his not quiet, not genius approach and attacking media for using his own words/babble against him. Continue reading
Penske Automotive Q1 2020 Results -46% at $0.64 per share
In the U.S., through February same-store new and used automotive retail unit sales increased 7.5% and declined 1.1% internationally. In March, the outbreak of COVID-19 began to impact Penske in all markets. Many U.S. and Germany dealerships were impacted by shelter-in-place orders while operations in Italy, Spain and the U.K. were closed. As a result, same-store new and used automotive retail unit sales for the month of March declined -40.2%. Continue reading
More than 20 Million Jobs Lost in April as ~15% Unemployed
Employment fell sharply in all major industry sectors. There were particularly heavy job losses in leisure and hospitality where the spread was initially ignored as Washington slept – until people, now former customers stopped traveling or died. This was out of self-preservation as the corpses mounted in non-living color on the news and in statistical counts. It was also the result of some Democratically-controlled states where shelter in place was imposed out of concern for the health of residents and not for the health of the increasingly infected Trump reelection campaign. Continue reading
Ford to Begin Phased Restart in North America 18 May
Ford initially refused a UAW request to shut down over to weekend of 16 March. Bowing to pressure from the UAW and with a belated portion of common sense and awareness of the COVID-19 pandemic, Ford Motor Company on 18 March said it would stop production at U.S., Canadian and Mexican manufacturing facilities after Thursday evening’s shifts through March 30 to thoroughly clean and sanitize the company’s plants. Continue reading
COVID! GM Q1 Earnings Drop -89% to $0.17 a Share
It’s going to be a long year of going backwards into the Great Depression v2.0 Continue reading
COVID Effects: BMW AG FY Earnings Guidance – Zero
The updated guidance does not, in particular, include, a longer and deeper recession in major markets, a more severe economic slow-down in China as a result of recessions in other parts of the world, significant market distortions due to an even stronger competitive environment and possible implications caused by a second wave of infections and associated containment measures. Continue reading
Multi-Seasonal Self-Driving Data Issued by Ford
Leaving aside for the moment giant unresolved privacy issues and how companies can sell your personal information their benefit not yours, data is needed to help engineers and researchers create software that can teach self-driving vehicles how to analyze their environments. This software used to be called the driver. Continue reading
CAR Launches Research Exploring the Auto Industry 4.0
The project will also include an investigation into the financial investment and expectations for associated return on investment for companies implementing Industry 4.0 strategies. Continue reading →