Category Archives: auto news

IIHS Changes Rear Occupant Scoring on Overlap Crashes

“Most of these changes are part of a planned transition that we informed automakers we’d be making before we launched the updated test a year ago,” said Jessica Jermakian, IIHS vice president of vehicle research. “The new scoring eliminates an artificial benefit our initial ratings awarded for a high shoulder-belt position. Pressing ahead with a simpler program while we validated the new metric allowed us to start incentivizing vehicle improvements a year earlier,” Jermakian claimed. Continue reading

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January 2024 EU New Car Registrations Up 12%

In January 2024, the EU new car market rallied from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. The trade bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy(+10.6%), France (+9.2%), and Spain (+7.3%) posting either high single-digit or double-digit gains, according to ACEA.*

The EU diesel car market contracted by 4.9% in January. However new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%. The four largest markets in the region, together covering 66% of all battery electric car registrations, recorded double-digit gains: Belgium (+75.5%), the Netherlands (+72.2%), France (+36.8%), and Germany (+23.9%). Continue reading

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US Vehicle Transaction Prices Down in January

The automobile market is not contributing to inflation. The extensively covered January Consumer Price Index (CPI), a key measure of inflation is widely misrepresented in AutoInformed’s opinion.

Cox Automotive* said today that it observed declines in retail vehicle prices last month, according to actual transaction data. Kelley Blue Book reported that average transaction prices for new vehicles were down by 3.5% year-over-year, Another Cox measure, Dealertrack data show average used retail prices down slightly less. “Both measures indicate the retail auto market is not pushing overall inflation higher,” Cox said. Continue reading

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Germany Bucks Death of the Diesel Trend

GlobalData* said today that the 2023 full-year car diesel share in Western Europe is confirmed at 15.8% with 1,830,000 units sold for a 15.8% market share. January 2024 was another month of low Month-over-Month variation in the share of new … Continue reading

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Hispano Suiza Teases Carmen Sagrera EV

Hispano Suiza *has unveiled the first images of its new hypercar, the Carmen Sagrera, in a 12-second teaser video. It will be the third model in the company’s range of all-electric hypercars and is due to be unveiled in mid-2024, to mark the brand’s 120th anniversary.

With a new 103 kW battery capacity, the overall driving range will increase. Whether this matters to buyers in the exotic electrified hypercar segment remains debatable. Nonetheless, it is being touted as “the ideal testimony to the 120-year history of the company founded by Damián Mateu and Mark Birkigt in Barcelona in 1904. Continue reading

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Do Media Have the Electric Vehicle Market Collapse Wrong?

The European Passenger Vehicle (PV) Battery Electric Vehicle market EV market grew ~32% with positive growth in all months except December during 2023. This growth was better than many forecasters indicated at the start of last year (and better than in 2022), with some predicting no growth. BEV sales volume came in at just under 2.1 million units. This is 500,000 more than were sold in 2022.

“It is clear there has been some recent slowdown in the market, but it depends where you look. Some brands are doing considerably better than others, with the likes of MG and Tesla standing out as strong performers in 2023,” the respected consultancy GlobalData said today. Continue reading

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Recalls – Ford E-350, E-450 with Dual Rear Wheels

Ford Motor Company is once again recalling model year 2021-2022 E-350 and E-450 vehicles equipped with dual rear wheels. A bad connection between the power steering pressure line and the brake-hydro boost unit can cause a sudden loss of power steering fluid, according to documents made public today by The National Highway Traffic Safety Administration. This is a modification of a previous recall on the trucks, NHTSA 22V-089, Ford Field Service Action 22S08. These vehicles are often used as buses. Continue reading

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Ford Recalls 2023 Explorers for Loose Steering Knuckles

Ford Motor Company (Ford) is recalling some 2023 Explorer vehicles because the right-front lower fastener connecting the steering knuckle and strut may be loose or missing, according to document made public by The National Highway Traffic Safety Administration today. Lincoln Aviator models made at the same plant, Chicago Assembly, are not affected by this safety defect.

A loose or missing connection between the knuckle and strut can cause improper tire alignment, resulting in a steering pull or require increased steering effort. Moreover, the brake hose may contact the tire and become damaged, resulting in a brake fluid leak and a loss of braking. Either of these circumstances can increase the risk of a crash. Continue reading

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Annals of Marketing – Lexus and the LA Clippers

The LA Clippers said this week that Lexus will be named “the official luxury vehicle of the LA Clippers and Intuit Dome,” with a Lexus Courtside Lounge at the new arena. Lexus joins naming rights partner Intuit and AT&T, Pechanga, and Ticketmaster as Intuit Dome Founding Partners. Ex-Microsoft pooh-bah Steve Balmer now owns and runs the Clippers. The monetarily peripatetic team was formerly of Buffalo and San Diego.

The Clippers history with arenas is troubled. They fled the Los Angeles Memorial Sports Arena in 1999 for Staples Center (nowadays Crypto.com Arena; that’s com not con), which they shared as an unloved stepchild with the Los Angeles Lakers and the National Hockey League’s LA Kings. The rental deal with the Lakers required the removing and then re-installation of Laker memorabilia and sponsorship logos and other stuff  before and after their games. Hardly five easy pieces – so to Jack Nicholson speak  – with our fond memories of his courtside Lakers seats where he held court at the Forum and Staples Center. Continue reading

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Ford Trends – Climate Change and Post Covid Consumer Views

Jen Brace, Trends and Futuring Manager at Ford Motor (NYSE: F) yesterday noted several trends in global research that show post-pandemic shifts in consumer sentiment and how people are reacting to technology by rewriting the rules of living, working, buying, and traveling. The self-professed “data nerd” shared the latest Ford consumer research with the Society of Automotive Analysts via Zoom. Continue reading

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California – Equitable EV Charging for Multi-Family Housing?

“The State of California is leading the way to transition our transportation system to 100% zero-emission vehicles, but the millions of drivers who don’t have access to at-home charging are at risk of being left behind,” said McCarty. “If we want all Californians to have access to electric mobility, we must provide them with convenient and affordable public charging options where they already park: the curb.” Continue reading

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Stellantis Posts Record 2023 Results – €18.6B Net

“As we just passed the three-year mark since Stellantis’ inception, I warmly thank our teams who are executing at the highest levels and contributing greatly to our growth story, even in the strongest of headwinds. Today’s record financial results are proof that we have become a new global leader in our industry and will remain rock solid as we look to a turbulent 2024. Thanks to our flexible technology and product roadmap, we are prepared to address the various scenarios that could arise and to continue delivering on our Dare Forward 2030 targets,” said Carlos Tavares, CEO. Continue reading

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GM Expands Super Cruise Network in North America Again

“GM is all-in on safely deploying Super Cruise as we make the technology available on more vehicles, more roads and for more people to enjoy. A key part of that is expanding the road network, in this case nearly doubling it again, with LiDAR mapped highways. High precision LiDAR mapping gives us an operating domain where we are confident in Super Cruise’s abilities, “said Anantha Kancherla, GM vice president of ADAS. Continue reading

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Annals of Marketing – G-Class Stronger Than Diamonds

Mercedes-Benz today announced a global campaign with the G-Class Stronger Than Diamonds edition, claimed to be “a very special symbol of love limited to just 300 units worldwide.” The marketing campaign, dubbed “A love that lasts forever. Stronger than diamonds,” is on Mercedes-Benz social media channels. Continue reading

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BMW i Ventures Invests in Skylo Technologies

Skylo has launched its initial service across US, Canada, and Europe, in partnership with major chipset makers including Qualcomm, Samsung, MediaTek, and Sony, together with the leading device OEMs and mobile carriers, such as Deutsche Telekom. Continue reading

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