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Expedition, Navigator Fire Fix Found After NHTSA Alert
Parts are still not available for some vehicles. Moreover, Ford is expanding the population to include a total of 66,221 Expedition and Navigator SUVs in the U.S. built between July 27, 2020 and Aug. 31, 2021 based on further analysis of the causes for the fires. Ford has received 21 reports of under hood fires – including five since the original recall filing in May. Continue reading
Posted in customer satisfaction, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, ford recalls, Ken Zino, nhtsa
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US International Trade Deficit Decreased in May 2022
The May decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.9 billion to $105.0 billion and a decrease in the services surplus of $1.7 billion to $19.4 billion. The average goods and services deficit decreased $0.9 billion to $93.3 billion for the three months ending in May. Continue reading
Mercedes-Benz Starting Global E-Learning for Employees
This – it’s claimed – will offer employees an unprecedented variety of opportunities to learn independently and flexibly for their current job or future dream job. Free access to the entire range of platforms also gives employees the opportunity to pursue further training according to their personal interests. The company also bears the costs for the licenses here. The rollout will start gradually in the third quarter in administration and in first pilot areas of production. Continue reading
West European Car Sales Remain Weak at 9.8M Annual Rate
“With June usually a relatively strong month for new vehicle registrations, last month disappointed due to ongoing supply problems. However, in raw data terms last month’s figure did improve by over 100k units, which within the context of a supply- constrained market does indicate some progress for the region,” said LMC. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, lmc automotive
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Demand Greater than Supply during June in US
“The shortage of microchips continues to limit vehicle production, but it’s not the only hurdle. Numerous other supply chain disruptions have limited OEM production, and many OEMs continue to nearly complete their vehicles and park them while they await chips. Unfortunately, these supply chain issues will continue to limit new-vehicle production, inventory and sales levels for the rest of the year,” said Patrick Manzi, chief economist of the National Automobile Dealers Association. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, j.d power, Ken Zino, nada, Patrick Manzi
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Ford June US Sales Up 31%, YTD -8%
The year-over year comparison did not mention that Ford Motor looked to have been affected the most, as shortage-related plant shutdowns left its facilities running at just 55% of total capacity through May of calendar year 2021. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, Ford June 20220 US sales, Ken Zino
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Test Drives Key to Chinese Sales Satisfaction
The study also finds that although the core value of a test drive is offering product experience, the quality of the salesperson’s introduction to the product also influences the purchase decision. The percentage of consumers who say they had an excellent introduction during the test drive is 4% higher than among those who say they did not have an excellent introduction. Continue reading
Ford Recalls 66,000 2022 F-150 BEVs, Bronco, Ranger Models
Ford Motor Company is recalling 2022 F-150 BEV vehicles equipped with 20″ or 22″ all season tires. Ford is also recalling 2022 Bronco and Ranger vehicles for windshield failures. Continue reading
Posted in customer satisfaction, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, ford recalls, Ken Zino, nhtsa
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Volkswagen of America Q2 Sales Down -34% at 78,281
The sales disaster went without comment from Volkswagen, which might mirror VW’s sentiments about the American market where it has been struggling for a long time. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, VWoA
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BMW North America Q2 US Sales: BMW -18.3%, Mini -45%
We are pleased that demand remains strong, however this quarter was not without its challenges, as our sales were constricted only by the limitations of available inventory,” said Sebastian Mackensen, President and CEO, BMW of North America. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Sebastian Mackensen
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Subaru of America June Sales Flat, Q2 -18%
Subaru also reported year-to-date sales of 263,795, a -17.9 % decrease compared with the same period in 2021. Subaru said it continues to face inventory challenges as the result of microchip and supply chain issues affecting automakers globally. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Thomas J. Doll
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Hyundai Motor America June Sales Down -12.9%
June was the highest sales month in 2022.Hyundai sold 184,191 units in Q2 and 343,867 units during the first half of 2022. Hyundai had no fleet sales in the first half of 2022. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Kia America June sales, Randy Parker
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GM Q2 US Sales Down -15%
“GM’s sales and market share have grown each of the last three quarters, even with lingering supply chain disruptions,” said Steve Carlisle, GM executive vice president and president, North America. “Our long-term momentum will continue to build thanks to the launches of groundbreaking new EVs like the GMC HUMMER EV and Cadillac LYRIQ, and the tremendous customer response to the Chevrolet Silverado and GMC Sierra,” claimed Carlisle. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Steve Carlisle
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Toyota Motor North America June US Sales Down -17.9%
“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, Jack Hollis, Ken Zino, TMNA
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DOT Wants Airlines to Seat Families Together for Free
“Today’s announcements are the latest steps toward ensuring an air travel system that works for everyone,” said Secretary Pete Buttigieg. “Whether you’re a parent expecting to sit together with your young children on a flight, a traveler with a disability navigating air travel, or a consumer traveling by air for the first time in a while, you deserve safe, accessible, affordable, and reliable airline service.” Continue reading →