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Category Archives: results
Another Tesla Self-Driving Recall
The recall is a result of long standing investigations at the National Highway Traffic Safety Administration about the controversial auto pilot system. Tesla, what seems to us arrogantly, did not agree with the NHTSA analysis but went ahead with the recall anyway. It is the latest pr disaster from the firm that no doubt will have social media, uh, all atwitter. Continue reading
January Western European Diesel Car Market Flat
Western European diesel car sales were flat, according to the latest data just released by LMC Automotive.* Even though the data are incomplete with the Greek market lacking, LMC notes that 147,000 diesel cars were sold in the month, the … Continue reading
IIHS – Crash Avoidance Technology Works But Tough to Fix
Repeated trips to a repair shop are not uncommon with other routine mechanical repairs, either, and most owners reported that their insurance or warranty covered the complete cost, minus any deductible. However, in the long run, post warranty, insurance companies might be responsible for their insureds. Hence the report is an attempt to mitigate the problem. Continue reading
Do No Harm – Center for Auto Safety Drafts AV Bill of Rights
Simply put the draft – covering a wide and formidable list of potential issues – says AVs should “Do no harm!” The draft is an ambitious attempt to learn from the more than a century of automobility and apply the knowledge at the outset of what is expected to be widespread AV use sometime in the, oh, next decade or three. Continue reading
Repair Act Introduced Again
US Representative Neal Dunn (R-FL) introduced H.R. 906, the “Right to Equitable and Professional Auto Industry Repair (REPAIR) Act,” as the result of the efforts of SEMA, MEMA Aftermarket, the Auto Care Association and the CAR Coalition, The Specialty Equipment Market Association said today. The REPAIR Act seeks to protect consumers’ rights to decide where and with what parts they can use to repair and maintain their vehicles. Representatives Brendan Boyle (D-PA-02), Warren Davidson (R-OH-08) and Marie Gluesenkamp Perez (D-WA-03) are the current co-sponsors of the bill, which in various guises goes back more than a decade.* Continue reading
January Global Light Vehicle Sales Flat at 83 Million
January’s Global Light Vehicle (LV) selling rate stood at 83 million units annually, consistent with the previous month, according to the latest data just published by LMC Automotive.* Global supply constraints remain a key issue with some “distortions from tax changes,” in the respected consultancy’s view. Monthly registrations were down 8% year-on-year (YoY), at 6 million units for the month. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, global light vehicle sales, Ken Zino, lmc automotive
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Tech-Aches – J.D. Power 2023 U.S. Vehicle Dependability Study
“It is typical in the automotive industry to roll out concepts and features by putting them in premium vehicles first,” said Frank Hanley, senior director of auto benchmarking at J.D. Power. “A bellwether for mass market brands looking to adopt and implement these technology features into their portfolio is in two of the industry’s preeminent studies, the J.D. Power Initial Quality StudySM (IQS) and the Vehicle Dependability Study. Connecting insights from the two studies better informs automakers by substantiating trends and showcasing how some automakers are preventing problems from occurring early on and throughout the ownership experience.” Continue reading
Toyota Profit for Q3 Up 22%. YTD Down
Toyota said “we are striving to quickly evaluate alternative semiconductors and respond to design changes in order to secure stable procurement of semiconductors. We are also seeking to shorten the lead time by visualizing the process from order to delivery for each vehicle. We are absorbing the burden on our suppliers caused by the soaring materials and energy prices in order that activities to strengthen competitiveness are installed widely and deeply across the entire supply chain.” Continue reading
Posted in economy, financial results, mobility company, results
Tagged auto industry commentary, autoinformed.com, Ken Zino, toyota motor
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US Made Semiconductors – GM, GlobalFoundries Ink Deal
“I have long said that Upstate New York’s semiconductor corridor will be a major engine powering America’s technological future, and now ‘Made in New York’ chips will help jumpstart the next generation of vehicles for GM across the country,” said U.S. Senate Majority Leader Charles Schumer. Schumer of course we key in developing and passing the Biden Administration’s bi-partisan CHIPS and Science Act, which is bringing manufacturing back to US supply chains. Continue reading
Genesis Slowly Expanding US EV Sales
Genesis Motor America, in collaboration with Electrify America, offers three years of 30-minute complimentary charging sessions from the date of vehicle purchase.* Owners of the 2023 GV60 and Electrified G80 have access to hyper-fast charging on Electrify America’s coast-to-coast charging network and can seamlessly locate and access charging stations while on the road via the Genesis Connected Services and Electrify America mobile apps. Continue reading
US Trade Deficit Grows in 2022 as Economy Recovers
For 2022, the goods and services deficit increased $103.0 billion, or 12.2% from 2021. This is the largest deficit on record as the economy continued to recover as consumers and businesses purchased higher amounts of machinery, car components, industrial supplies, medicines among other things. Exports increased $453.1 billion or 17.7% . Imports increased $556.1 billion or 16.3%. Continue reading
Flying Hyundai Tucson, Santa Cruz Roof Moldings Recalled
Hyundai Motor America is recalling 2022 Tucson and 2022-2023 Santa Cruz crossover SUVs, the National Highway Traffic Administration said today in a filing just made public. The roof moldings of vehicles made at Hyundai Motor Manufacturing Alabama may have defective attachment hardware made by Keumgang in South Korea and fly off the vehicle. There are no confirmed crashes, injuries, or fire related to this safety defect, according to Hyundai. Continue reading
January 2023 Western EU Passenger Vehicles Sales Plunge
LMC noted that the 2022 year‐end had a stronger selling rate in part due to legislation changes pulling forward sales. However, in monthly registration terms, January 2023 was up 9.8% year‐on‐year (YoY), at 810k units. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Global data, Ken Zino, lmc automotive
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Le Mans 2023 – NASCAR Next Gen Chevrolet Camaro ZL1 Garage 56 Entry Unveiled at Daytona
“From the beginning of this project, it was important to us that the car we bring to Le Mans is a true NASCAR stock car,” said Jim France, NASCAR Chairman and CEO. “While there have been some adjustments to allow the car to compete in a 24-hour endurance race, fans in Le Mans will be treated to the full NASCAR experience.” Continue reading →