Category Archives: results

November Global Light Vehicle Sales at 94,000,000 Annually

“US sales were helped by agreements being settled between the Detroit 3 OEMs and the UAW, ending the strikes, along with increased incentives during Thanksgiving and Black Friday. China’s market in November also benefited from heavy incentives and discounts by OEMs and dealerships. Meanwhile, European regions continued their recovery. With supply constraints fading, adverse macroeconomic headwinds are a concern heading into 2024,” according to the GlobalData Light Vehicle Sales Forecasting Team. Continue reading

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Happy New Year! GM Reorganizes Regions and PD

General Motors Co. (NYSE: GM) said today that is making changes to its product development team and creating a new role to oversee its global regions. This reorganization is partially the result of the retirement of Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain, after a ~40-year career at the company. All changes take effect on 2 January 2024.

“We’ve spent years preparing GM to transition to an all-electric future, and Doug’s leadership has been pivotal. We are grateful for his many contributions to GM’s success,” said GM Chair and CEO Mary Barra. “The changes we are announcing today will continue to drive technical excellence and deliver groundbreaking vehicles to our customers around the world.” Continue reading

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Ford Recalls F-150s, Mustangs for Software, Hardware Defects

Ford Motor Company is recalling late model F-150s, F-150 Lightnings and Mustangs for various safety defects that involve bad programing and improper assembly, according to documents made public this week by the National Highway Traffic Safety Administration. Ford does not publicly release its safety recalls.   Continue reading

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GM and Komatsu Deal on Fuel-Cell Powered Mining Truck

The companies will jointly design and validate the technology. Lightweight with fast refueling, hydrogen fuel cells are best for electrifying applications traditionally powered by diesel engines. Hydrogen provides an effective method to package large quantities of energy onboard the vehicle, without compromising payload carrying capacity, the companies said. Continue reading

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Electric Trucks Can Drive Us Toward Environmental Justice

“Recent and pending regulations could boost this transition dramatically, particularly if the proposed EPA truck emissions rule is strengthened. While the greenhouse gas reduction benefits of electric trucks are substantial, an array of recent studies shines new light on the health and environmental justice benefits,” said Steven Nadel, of The American Council for an Energy-Efficient Economy (ACEEE). Replacing diesel trucks with electric trucks will be most significant where truck routes are commonly situated – in neighborhoods with people of color and low-income residents. Continue reading

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Hyundai Motor Signs Hydrogen Development Multilateral Deal

“The agreement aims to rapidly grow the global hydrogen ecosystem and respond more actively to climate change by sharing leading examples of hydrogen ecosystem development currently underway in Korea with the international community. To this end, Hyundai Motor and its Korean partners will provide case studies and consultation on hydrogen projects and GGGI will publish an evaluation report based on the case studies for international sharing,” Hyundai said. Continue reading

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Penske Automotive Group Buys 15 UK Dealerships

Penske Automotive Group, Inc. (NYSE: PAG)* today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Three of the BMW locations also retail BMW Motorrad motorcycles. The dealerships to be acquired represent estimated annualized revenues of $1 billion. Continue reading

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New Ford Mustang GT3 Racing Documentary Starts Next Week

Ford Motor (NYSE: F) said today that starting next week, people can follow the development of the Ford Mustang GT3 leading up to its inaugural season at the world’s toughest endurance races in a documentary series. (Full episode 1 Click … Continue reading

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Fossil Fuel Powered Vehicles Plagued with Connectivity Bugs

“Smartphone apps remain a highly problematic vehicle feature, even as manufacturers continue to focus on resolving connectivity-related issues,” said Jason Norton, senior manager of global automotive consulting at J.D. Power, “It’s clear that customers will have a better overall ownership experience if they have a better smartphone app experience.”   Continue reading

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The Quantum Mobility Quest from Airbus and BMW Group

This could be a first-of-its-kind attempt to develop applications to harness quantum technologies for real-world industrial applications. The companies said it has the potential to forge more efficient, sustainable and safer solutions for the future of transportation. This nascent technology could play a key role in simulating various industrial and operational processes, opening up opportunities to shape future mobility products and services. Continue reading

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Pilot Travel Centers, GM, Evgo Open Fast Charging Network

Pilot Travel Centers, GM, and EVgo, along with many public agencies and utilities, have worked together to increase the nation’s public fast charging infrastructure. They claim this creates a model for how public-private collaboration can make measurable progress in accelerating broader access to EV charging. The three companies have worked to provide current and future EV drivers “with a thoughtful, practical and accessible charging experience for long distance travel.” Continue reading

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Michigan State Fleet – All to be Zero-Emission Vehicles  

“Michigan automakers are on the cutting-edge of the world’s switch to zero emission vehicles, and with today’s executive directive to transition our state-owned fleet by 2040, the State of Michigan is leading by example,” said Governor Whitmer. “Getting this done will help drive demand of Michigan-made electric vehicles, lower gas and maintenance costs for the state since ZEVs cost far less to fuel and maintain and reduce air and noise pollution in our communities.”  Continue reading

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Recalls on 2015-16 Lincolns, Fords for Sudden Door Openings

Ford Motor Company (Ford) is recalling 2015 Fiesta, 2016 Fusion, and 2016 Lincoln MKZ vehicles sold, or ever registered in certain US regions, According to documents released today by National Highway Traffic Safety Administration. This recall is an expansion of … Continue reading

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US Light Vehicle Sales up Again in November 2023

US Light Vehicle (LV) sales grew by 8.5% year-on-year (YoY) in November, to 1.22 million units, according to preliminary estimates from the respected consultancy GlobalData.* The daily selling rate was estimated at 48,900 units/day in November, compared to 48,200 units/day … Continue reading

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Annals of Marketing – Honda Offers EV at Hybrid Price

It’s the latest example of how the proposition that EVs are too expensive ignores marketplace competition combined with automaker advantages of scale and decades of innovation in manufacturing, design and cost cutting will relentlessly and inevitably make EVs desirable. Continue reading

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