Category Archives: economy

US November Light Vehicle Sales Forecast Down Again

“Retail inventory on dealer lots is expected to end below one million vehicles for a fourth consecutive month, with sales in each month being dictated by the number of vehicles delivered to dealerships rather than reflecting actual demand,” said Thomas King, president of the data and analytics division at J.D. Power Continue reading

Posted in economy, news analysis, prices, sales | Tagged , , , | Leave a comment

CARB OK’s Record $1.5B for Clean Vehicles, Mobility Options

The CARB approval came the same week as the Biden Administration passed its forward looking, far reaching enlightened infrastructure bill will also move the U.S. toward a cleaner*, job creating society for all that not only builds back better, but posies the U.S. for successful leadership in dealing with extreme climate and life-killing global warming. Continue reading

Posted in alternative fuels, economy, electric vehicles, environment, global warming, milestones, transportation | Tagged , , , , , | Leave a comment

2020 Vehicles Post Fuel Economy, Low Emissions Records

In August, President Biden signed an Executive Order that sets good policy for US citizens with an ambitious new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles. EPA also proposed a new rulemaking under the Clean Air Act that by 2026 would establish the strongest greenhouse gas emission standards for cars and light duty trucks in history. Continue reading

Posted in economy, electric vehicles, environment, global warming, news analysis | Tagged , , , , , , , | Leave a comment

Biden’s Build Back Better Act Decreases Budget Deficit!

Some of those budgetary effects are associated with programs that are classified as off-budget. The decrease in the on-budget deficit over that period would be $783.3 billion. To do the math for insurrectionist Republicans, this means ~$14 Billion dollars in the black, which probably because of the color means that most Republicans will no doubt oppose it. The failed former president, currently the insurrectionist in chief residing in Flori-duh, not only didn’t actually do anything to repair the infrastructure despite voluminous weekly (weakly?) announcements that it was infrastructure week, his tax cuts for the rich ran up record deficits. Continue reading

Posted in customer satisfaction, economy, financial results, fools 'n frauds, news analysis | Tagged , , , , , | 1 Comment

Biden Bets on Detroit, Union Workers at GM’s EV Factory ZERO

“They’re the things that take place at the kitchen tables I grew up in,” Biden said. “For most of the 20th century, we led the world by a significant margin because we invested in our people, we invested in ourselves. But something went wrong along the way: We stopped. We risked losing our edge as a nation, and China and the rest of the world are catching up. Continue reading

Posted in AutoInformed Editorial, connected vehicles, economy, electric vehicles, environment, global warming, manufacturing, news analysis | Tagged , , , , , , | Leave a comment

President Biden to Attend GM Factory ZERO Grand Opening

The so-called “Internet of Things” is changing manufacturing plants, enabling connected devices to deliver benefits to quality and safety. Countless systems and equipment rely on connectivity, such as robotics, sensors and the Automated Guided Vehicles that deliver materials across the factory floor. Continue reading

Posted in AutoInformed Editorial, connected vehicles, economy, electric vehicles, environment, global warming, people | Tagged , , , , , | 1 Comment

COP26 – CARB’s Liane Randolph New Chair of Transportation Decarbonisation Alliance

Under Governor Newsom, California has made the rapid shift to zero-emission transportation a top priority. The recent $3.9 billion Zero Emission Vehicle package advanced by the Governor in partnership with the Legislature will support the Governor’s Executive Order to ensure 100% ZEV sales for cars and medium trucks by 2035, and a 100% zero emission fleet of heavy-duty trucks and related equipment everywhere feasible by 2045. Virtually all Republicans in California and Nationally led by Senator majority leader Mitch McConnell oppose infrastructure improvements or actions on Global Warming. See Mark Ruffalo and Jonathan Scott on Electile Dysfunction the cure for Limp Democracy. Continue reading

Posted in economy, electric vehicles, environment, global warming, transportation | Tagged , , , , , , , , , | Leave a comment

Ford to Take $1B Charge to Buy Back Expensive Debt

Last April, Ford sold $8 billion of bonds as the coronavirus pandemic closed Ford’s factories with a corresponding drop in sales. Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with a “bet on the come line” of awaited broader access to capital from the new sustainable financing framework, combine with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade. Continue reading

Posted in economy, electric vehicles, energy, environment, global warming | Tagged , , , , , | Leave a comment