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Category Archives: results
Chinese Auto Industry Steady in July?
The Chinese automotive industry’s economic operations remained fundamentally stable in July, with just a minor dip in monthly production and sales, according to an analysis of the world’s largest auto market just released by the respected GlobalData* consultancy. Domestic light vehicle (LV) sales, excluding exports, totaled 1.8 million units, reflecting a significant year-on-year (YoY) decrease of 10.4% and a month-on-month (MoM) decline of 12.5%, affected by the high comparative base of the same month last year. Continue reading
Posted in auto news, economy, electric vehicles, environment, manufacturing, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GlobalData, July 2024 Chinese Light Vehicle Sales and Production, Ken Zino, X @KenAutoinformed
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Various Ford and Lincoln Recalls for Sudden Engine Failures
Ford Motor Company (NYSE: F) is recalling 2021-2022 Bronco, F-150, Edge, Explorer, Lincoln Nautilus, and Lincoln Aviator vehicles equipped with either a 2.7L or 3.0L Nano EcoBoost engine. The engine intake valves may break while driving, which can result in engine failure and a sudden loss of drive power.
Based on an analysis of returned fractured valves from failed engines, Ford identified that the potential root cause of the failures was engine intake valve failure due to valves that exceeded the designed specification for hardness, were brittle, and more likely to fracture. Ford determined that this was due to the supplier’s grinding processes and the sensitivity of the intake valve material to grinding processes that were not within control specifications. The intake valve material was changed for vehicles produced after 31 October 2021. The new material increased the valve’s robustness to keeper groove grinding processes outside of control specifications. Continue reading
Posted in customer satisfaction, news analysis, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bronco recalls, Edge recalls, Explorer Recalls, F-150 recalls, Ford Global CCRG, Ford Motor recalls, Ken Zino, Lincoln Aviator recalls, Lincoln Nautilus recalls, National Highway Traffic Safety Administration, NHTSA recall 24V635, X @KenAutoinformed
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Jaguar Again Recalls I-Pace Models for Battery Fires
Jaguar Land Rover is conducting a safety defect recall campaign involving 2019 MY Jaguar I-Pace* vehicles built at the Graz Vehicle Assembly Plant from 9 January 2018 through 14 March 2019. The basis for the recall population is all Jaguar I-Pace 19 model year vehicles not included in the Jaguar H484 safety defect recall. The batteries in question were from LG Energy Solution in Poland. Recalled vehicles will receive a software update that will change the maximum state of charge of the battery to 80%. A permanent remedy is under development.
Owners are advised to park and charge their vehicle outside and away from structures until the recall repair is complete and for 30 days after the repair has been completed. As an interim repair, dealers will update the battery energy control module software, free of charge as required by US safety regulations. The final fix is currently under development. Continue reading
Posted in customer satisfaction, electric vehicles, electronics, engineering, manufacturing, news analysis, quality, safety
Tagged 23V369, 23V709, 24V085, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, H44, H459, H47, Jaguar recall H484, Jaguar recall H514, Ken Zino, LG Energy Systems battery recalls, National Highway Traffic Safety Administration, NHTSA 23V369, NHTSA 24V633, NHTSA recall 24V183, softwre recalls, Tata Group, X @KenAutoinformed
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Slight Labor Day Jump Forecast for August US Auto Sales
Absolute new-vehicle sales for August 2024, including retail and non-retail transactions, are set to reach 1,437,954, a 4.2% increase from August 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData.* August 2024 has 28 selling days, one more than August 2023. Comparing the same sales volume without adjusting for the number of selling days translates to an increase of 8.1% from 2023.
“New-vehicle sales in August are up from a year ago, as expected. A key element of the improvement is that this year, the Labor Day holiday weekend falls within the August** sales reporting period instead of September where it normally falls,” said Thomas King, president of the data and analytics division at J.D. Power. “While the sales results for August will be positive, the seasonally adjusted annualized rate (SAAR), which corrects for Labor Day timing, is relatively modest at just 15.3 million units.” Continue reading
GM BrightDrop Electric Commercial Vans To Join Chevrolet
General Motors (NYSE: GM) said today that it is moving its BrightDrop electric commercial vans* under the Chevrolet brand. The shift brings BrightDrop EVs to Chevrolet’s broad commercial vehicle sales and service dealer network. BrightDrop EVs offer GM-estimated 272 miles of combined city/highway range** and advanced features to help keep drivers safe and alert. This give BrightDrop customers access to one of the industry’s largest and most extensive commercial sales and service networks. All Chevrolet dealers will sell BrightDrop vans if they meet certain commercial EV requirements.
“With the addition of BrightDrop to the Chevrolet lineup, we are combining advanced EV technology with the dependability and widespread accessibility that only Chevrolet can offer,” said Scott Bell, vice president, Chevrolet. “This move strengthens our EV offerings and reaffirms our role as a leading commercial brand that enables businesses large and small to get work done.” Continue reading
Posted in auto news, economy, electric vehicles, environment, marketing, milestones, mobility company, news analysis, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BrightDrop EVs, CAMI, Chevrolet commercial vehicles, Ken Zino, Kristian Aquilina, Sandor Piszar, Scott Bell, X @KenAutoinformed
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MINI Cooper SE 2 Doors Recalled for Battery Fires
BMW of North America is recalling 2020-2024 MINI Hardtop 2 Door Cooper SE vehicles. Faults may occur in the high voltage battery or high voltage system, resulting in a short circuit, according to recall documents made public today by the National Highway Traffic Safety Administration.
“This may lead to an overheating of the high voltage battery and, in rare cases a thermal event [fire] even when the vehicle is not in operation,” BMW said in the required safety defect recall filing. Continue reading
BMW Fire Recalls on More Than 720,000 Vehicles
BMW of North America, LLC. is recalling 720,796 vehicles because of an electrical system safety defect that can cause fires. Pierburg Pump Technology GmbH made the defective water pump that leaks.
“The recalled vehicles have been manufactured with a water pump that, due to insufficient sealing, could, over time, be susceptible to fluid ingress at the electrical plug connector, according to documents made public today by the National Highway Traffic Safety Administration. Continue reading
Posted in auto news, customer satisfaction, manufacturing, news analysis, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, National Highway Traffic Safety Administration Vehicle, NHTSA 24V608, Pierburg Pump Technology GmbH, X @KenAutoinformed
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Mercedes-Benz 2025 GLC PHEV – 54 Miles Electric Range
Mercedes-Benz USA (MBUSA) said this morning in Atlanta that the new 2025 GLC 350e 4MATIC SUV is best in its class at 54 miles of all-electric range, according to EPA certification [see footnotes below – 1]. The Hybrid SUV is available now at U.S. dealerships starting from $59,900 [2].
This in German marketing theory makes “most daily commutes more flexible and economical in all-electric mode without the need to rely on the internal combustion engine.” Further optimizing efficiency, the “Hybrid” drive program prioritizes electric propulsion for the most appropriate driving situations, for example, during city driving. The standard 60-kW DC charging capacity enables a full battery charge to be achieved in as little as 30 minutes. Continue reading
Posted in auto news, electric vehicles, engineering, environment, fuel economy or emissions, global warming, milestones, mobility company, news analysis, public health
Tagged 2025 GLC 350e 4MATIC SUV, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, mbusa, Mercedes-Benz USA, X @KenAutoinformed
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EV Moves – Porsche Grabs Majority Stake in V4Drive Battery
“Varta and Porsche are already working closely together on the topic of high-performance battery cells. With the planned majority takeover of V4Drive, we aim to drive the company forward and would make an important contribution to keeping key technologies in Germany,” said Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche AG. Continue reading
Posted in auto news, electric vehicles, environment, manufacturing, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Lutz Meschke, Nördlingen, Porsche ag, V4Drive, Varta AG, X @KenAutoinformed
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Canadian Government Halts Teamsters Canada Freight Strike
Major automakers such as Ford Motor, General Motors, Honda, Stellantis and Toyota assembling vehicles in Canada or shipping engines and various other components to the United States got a reprieve late today as a previously reluctant Canadian government intervened in a railroad freight strike.
“I’ve directed the Canada Industrial Relations Board to assist the parties in settling the outstanding terms of their collective agreements by imposing final binding arbitration,” said Canadian Labor Minister Steve MacKinnon at a press conference. Continue reading
Posted in auto news, customer satisfaction, economy, labor issues, manufacturing, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Canada Industrial Relations Board, Canadian Labor Minister Steve MacKinnon, ford motor, general motors, honda, Ken Zino, Stellantis, toyota, X @KenAutoinformed
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Tech-Aches – Vehicle Owners Overwhelmed by New Gizmos
Vehicle owners are overwhelmed with technology features that don’t solve a problem, don’t work, are difficult to use or are just too limited in functionality. The results of the J.D. Power 2024 U.S. Tech Experience Index* (TXI) StudySM released today shows that. The study, which focuses on the user experience with advanced vehicle technologies as they come to market, finds that while owners offer praise for some advanced features, others are found to be lackluster. Continue reading
Posted in auto news, awards, customer satisfaction, electronics, engineering, marketing, news analysis, software defined vehicles, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, J.D. Power 2024 U.S. Tech Experience Index, Kathleen Rizk, Ken Zino, return on investment analysis, TXI, X @KenAutoinformed
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Customer Deliveries Start – for GMC Sierra EV Denali Edition 1
GMC said today that prospective customers can now purchase the 2024 GMC Sierra EV Denali Edition 1 from dealers across the country. The all-electric pickup truck has 440 miles of GM-estimated range with a full charge [see footnote 1 below], GMC “exclusive” CrabWalk mode [3], MultiPro MidGateTM and 10,000 pounds max towing capacity [4] from a GM-estimated 754 horsepower and 785 lb.-ft. of torque in Max Power mode [2]. This by our count means that GMC is the only US brand now with three EV trucks, which won’t likely last long given the US vehicle popularity of trucks. Just bring money – prices begin at $97,500, plus the $1995 destination charge. Continue reading
Posted in auto news, electric vehicles, environment, fuel economy or emissions, global warming, marketing, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Duncan Aldred, Ken Zino, Sierra EV Denali Edition 1, X @KenAutoinformed
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Satisfaction With Auto Industry Up Slightly?
Driver satisfaction with the automobile industry inches forward 1% to a score of 80 (out of 100) as inventory levels return to normal, accruing to the latest study from ACSI®. Satisfaction with both the mass-market (79) and luxury (81) segments is unchanged from the year before, while the smaller brands that comprise the “all others” measure lift the industry’s overall ACSI score by climbing 7% to 81.
“Despite automotive sales showing strong growth in 2023, many consumers remain cautious about making major purchases like new vehicles,” says Forrest Morgeson, Associate Professor of Marketing at Michigan State University and Director of Research Emeritus at the ACSI. “Inflation poses challenges and there are real concerns over new vehicles becoming outdated quicker because of how fast technology evolves. Plus, factors like economic uncertainty and range anxiety around electric vehicles contribute to this hesitation.” Continue reading
August U.S. Auto Sales Highest Year-to-Date
After U.S. Labor Day holiday weekend sales, initial August new-vehicle sales results, as expected, are indicating healthy volume gains, according to Cox Automotive.* Full results will be in by the end of the week, but early reports suggest the extra selling days helped the auto market navigate August with strength, according to Cox Automotive Chief Economist Jonathan Smoke in his latest Auto Market Report released this morning.
“New- and used-vehicle sales volumes are at the highest level for 2024. With growing demand, supply has tightened, and prices are creeping up. For the first time this year, the popular 3-year-old product – a staple of the used-vehicle business our team tracks closely – experienced a price increase in both the wholesale and retail markets,” said Smoke. Continue reading →