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Category Archives: economy
August Global Light Vehicle Sales Up Again
“The USA, Western and Eastern European countries all registered double digit YoY growth, partly due to 2022 being a weak base and partly because of an alleviation in supply-side issues. Chinese sales grew 5.2%, driven by a booming export sector. However, the domestic PV market in China fell slightly because of subdued consumer confidence,” GlobalData said. Continue reading
UAW to Start Selective Big Three Strikes at Midnight
UAW President Shawn Fain last night with an audience of ~30,000 on YouTube spoke for more than 50 minutes. His message was simple. “Let’s Stand up and let’s make history,” Fain said. The history he is talking about starts at midnight tonight when the UAW for the first time ever is striking all of the so-called Big Three companies – Ford, General Motors and Stellantis. With defiant language Fain laid out the latest twist in the UAW strategy to “stop the Big Three from killing jobs.” Rather than the traditional single target company, there will be selective and ongoing strikes at all of the companies. Continue reading
August 2023 Western European Car Sales Best of the Year
The Western Europe passenger vehicle selling rate rose to 14.6 million units per year in August, according to an analysis just released by the GlobalData* consultancy. This is up from a 11.5 million units rate in July, making it the … Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, GlobalData, Ken Zino
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Labor Day – UAW Struggles Are Key to The American Dream
Let us pause here to remember and reflect on Walter P. Reuther (1907 – 1970). “There is no greater calling than to serve your fellow man. There is no greater satisfaction than to have done it well,” he famously said. Reuther built the United Automobile Workers into one of the most awakened and progressive forces in American history. A fierce champion of collective bargaining, Reuther also had a much larger vision of the American society then many of our mere politicians. He viewed the labor movement in the context of community – the whole community. Led by him the UAW fought for civil rights, health care, affordable housing, environmental protections among other things. Continue reading
July 2023 EU Car Sales Up 15%
During July, the market share of battery-electric cars rose to 13.6% (up from 9.8% the same month last year). Hybrid-electric cars maintained their position as the second choice among new car buyers, with more than 25% of the market. Nonetheless, internal combustion engine (ICE) cars, including gasoline and diesel models, retained a combined market share of half of new car sales. Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, Death of the diesel, July 2023 EU car sales, Ken Zino
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Unifor Picks Ford Motor Company as Detroit Three Target
Unifor National President Lana Payne said, “Ford was selected as the target because we believe that the company is in the best position to reach an agreement that delivers on the needs of our members and sets a strong pattern for Canada’s auto industry. These negotiations are about reaching an agreement that reflects the historic nature of the transition to electric vehicle manufacturing. That means setting the highest possible standards that protect the livelihoods and job security of all autoworkers now and in the future.” Continue reading
Virtually All Unifor Members Authorize Big Three Strike
“Canadian autoworkers have sent a strong message to D3 automakers that they are united behind our bargaining committees in an effort to improve pensions, increase wages, and secure good, union jobs in the EV future,” said Unifor National President Lana Payne. Continue reading
BMW Group Expanding EV Battery Plant Leipzig
“Leipzig continues to power ahead. Making the BMW i3, we were the BMW Group’s pioneer in electromobility. Now, with the development of e-component production and the upcoming launch of the MINI Countryman, the future is already taking shape,” said Petra Peterhänsel, Plant Director. Continue reading
Posted in connected vehicles, economy, electric vehicles, environment, global warming, manufacturing, mobility company, public health, shows and events
Tagged auto industry commentary, autoinformed.com, BMW i5, BMW iX, BMW iX1, Ken Zino, MINI Countryman, Petra Peterhänsel, Plant Leipzig
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Generative Artificial Intelligence – An Automaker Challenge
Absent in the following is what needs to be an extensive discussion of the public policy, employment, human challenges, and the effect on what traditionally are high paying jobs in the global auto industry. In AutoInformed’s view GlobalData can and likely will play a role in this. Continue reading
US August 2023 New Vehicle Sales Forecast up 15%
Bidenomics is clearly working in AutoInformed’s point of view. The latest data show a continuing trend that started after President Biden was elected and began a recovery from the economic reverses and job losses from the Trump Administration. Trump was the first president since Herbert Hoover who left office having presided over an the Great Depression economic disaster and with far fewer jobs than existed at the outset. Continue reading
Half of California Diesel Fuel Is Replaced By Clean Fuels
The California Air Resources Board (CARB) said today that in its shift away from polluting fuel sources, clean fuels are replacing more than 50% of the diesel used in the state during Q1 of 2023. The awakened Low Carbon Fuel Standard (LCFS), a regulation which requires fuel producers to reduce the carbon intensity of fuel sold in the state, is largely responsible for the shift by encouraging the use and production of cleaner alternatives. Continue reading
Republicans Increasing Support of IRA Climate Perks?
Surprising then to AutoInformed is the latest research from Data for Progress (DPA) that shows strong IRA support across partisan lines. Maybe the beating the Republicans (aka party of no hope) took in the midterms is beginning to have some corrective affect? Likely not at the upper levels of the party, however their Red Wave is waving bye, bye to them here. The people appear to get it. Maybe they (We The People) should dissolve the Republican leadership and elect a new one? Continue reading
Posted in AutoInformed Editorial, customer satisfaction, economy, environment, manufacturing, news analysis, public health
Tagged auto industry commentary, autoinformed.com, Biden Administration, Catherine Fraser, Danielle Deiseroth, Data for Progress, Grace Adcox, ira inflation reduction act, Ken Zino
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GM Invests in Battery Materials Firm Mitra Chem
The companies will develop advanced iron-based cathode active materials (CAM), such as lithium manganese iron phosphate (LMFP), to power affordable and accessible EV batteries compatible with GM’s EV propulsion architecture, the Ultium Platform. GM’s funding will help Mitra Chem expand its current operations and to “expedite their novel battery materials formulation to market.” Continue reading
Posted in economy, electric vehicles, engineering, environment, global warming, public health
Tagged auto industry commentary, autoinformed.com, battery cathode designs, cam, Gil Golan, iron-based cathode active materials, Ken Zino, lithium ion, lithium manganese iron phosphate, Mitra Chem
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EPA Celebrates Inflation Reduction Act Anniversary
The US Environmental Protection Agency (EPA) today is marking what it says is one year of progress implementing President Biden’s Inflation Reduction Act, the most ambitious climate law in U.S. history and a core pillar of Bidenomics and the President’s Investing in America Agenda. Since the legislation was signed into law, EPA has put an historic $41 billion to work to reduce emissions, build a clean economy, lower energy costs for American households and businesses, create good-paying union jobs, and advance environmental justice across the country. Continue reading
UAW on Strike at Select Ford, GM, Stellantis Plants
At all of the US Big Three companies – as of now – their new or slightly revised offers when made public are so far short of the UAW requests that they might as well be non-existent. We will have to wait as things unfold. Big Three executives appear to have thought that business as usual would allow them to continue to do business. Well, not today,,,
Moreover there are signs that a resurgent labor movement in other sectors will support the UAW with selective strikes. Teamsters General President Sean M. O’Brien said today “The International Brotherhood of Teamsters, including our members in the carhaul industry, stand in solidarity with the United Auto Workers to get the best contract possible from America’s biggest automakers. Just as the Teamsters saw at UPS, record profits at any company must result in record contracts for the workers who make those profits possible…. All UAW members deserve respect at work and dignity in retirement. They deserve strong wages in a new contract that rewards them for everything they do for the Big Three and to keep this country moving. You can be sure there is no division in America’s labor movement today. And you are urged to remember that Teamsters don’t cross picket lines.” Continue reading →