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Posted in Uncategorized
Tagged auto industry commentary, autoinformed.com, Ken Zino, US Census Fun Facts
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December US Auto Sales Forecast – Lower Volume with Record Prices, Profits
New-vehicle retail sales for December 2021 are forecast to decline when compared with December 2020, according to the latest forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles are expected to reach 1,105,800 units, a -17.4% drop compared with December 2020 when adjusted for selling days. December 2021 has one fewer selling day than December 2020. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of -20.4% from 2020. New-vehicle retail sales in Q4 2021 are projected to reach 2,923,600 units, a -17.7% decrease from Q4 2020 when adjusted for selling days. New-vehicle retail sales for 2021 are projected to reach 13,074,500 units, a 6.5% increase from 2020 when adjusted for selling days.
Total new-vehicle sales for December 2021, including retail and non-retail transactions, are projected to reach 1,245,600 units, a -20.5% decrease from December 2020. Truck/SUVs are tracking at a record 80.2% of new-vehicle retail sales in December. Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of -23.3% from 2020. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 13.0 million units, down –3.5 million units from 2020. Continue reading
IMSA – Porsche Virtually Shows LMDh Car
Porsche is set to start the 2022 motorsport racing season with ambitious goals and extensive international programs. The prime focus will be on the two factory entries in the ABB FIA Formula E World Championship and the FIA World Endurance Championship. However, the bigger news might be in 2023. At Porsche’s annual Night of Champions toasting the German marque’s global motorsports accomplishments for 2021 – held virtually due to the ongoing pandemic – Porsche showed images of its 2023 LMDh racer.
They were the first images of an actual race car from any of the five manufacturers committed to competing in the IMSA WeatherTech Championship’s new top-tier prototype class – LMDh – when it debuts in 2023. Porsche is partnering with Team Penske and chassis maker Multimatic on the project as Porsche Penske Motorsport. The team will compete in both the WeatherTech Championship and the FIA World Endurance Championship. For the first time in some 30 years, it will be possible to compete for overall victories in the endurance classics at Le Mans, Sebring and Daytona with cars of identical construction. The 500 kW and 680 PS (or ~670 hp that they admit to – Autocrat) hybrid racing car is scheduled to complete numerous test runs in 2022. (AutoInformed: Corvette Racing Goes Global – IMSA, FIA WEC in 2022) Continue reading
Nikola to Pay $125 Million to SEC on Fraud Charges
The Securities and Exchange Commission today announced that Nikola Corporation, a publicly traded company created through a special purpose acquisition company transaction, will pay $125 million to settle charges that it defrauded investors by misleading them about its products, technical advancements, and commercial prospects. The settlement follows the SEC’s litigated action filed earlier this year against Trevor Milton, the company’s founder and former Chief Executive Officer and Executive Chairman. (AutoInformed: SEC Charges Nikola Founder Trevor Milton With Fraud)
The SEC’s order says that “before Nikola had produced a single commercial product, Milton embarked on a public relations campaign aimed at inflating and maintaining Nikola’s stock price. Milton’s statements in tweets and media appearances falsely gave investors the impression that Nikola had reached certain product and technological milestones.”1 Continue reading
Lotus Elise, Exige, Evora Production Ends
Today, Lotus said the last of the Elise, Exige and Evora sports cars were made. Their assembly lines will be dismantled to prepare for production of the new Lotus Emira mid-engine and last Lotus petrol-fueled (gasoline Yank) sports car. A total of 51,738 of the traditional rear-drive sports cars were built during the past 26 years.
Combined, they represent almost half of the total production of Lotus in its 73-year history. In addition, 9,715 sports cars were built for Lotus’ third-party clients, including GM and Tesla. (AutoInformed: Lotus Emira to Make US Debut with F1 Racer Jenson Button; Hazel Chapman Co-Founder of Lotus Dead at 94; Alpine and Lotus to Study Joint Development of an Electric Sports Car as Groupe Renault Restructures) Continue reading
Posted in manufacturing, milestones
Tagged auto industry commentary, autoinformed.com, Hethel, Ken Zino, Lotus
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GM Stalks $20B Electric Conversion Market
General Motors announced today a plan to offer EV technology more broadly beyond its own group and automotive applications. This so-called “one component at a time” tactic will allow GM to expand its reach to a larger, more diverse group of commercial customers. Such organizations likely have their own desires to meet the growing demand for zero-emissions technology while achieving their sustainability targets.
It’s the latest step in GM’s breakthrough commitment to electric vehicles that have fossil-fueled equity analysts grappling with a strategy they don’t understand given their questions during GM earnings calls. They are in a different cloud, so to speak. (AutoInformed: Environmental About Face – General Motors Ditching Internal Combustion Engines by 2035. Carbon Neutral by 2040?; GM’s Dual Platform Strategy – Doubling Revenues by 2030?; GM Needs Range, Battery Cost Cuts to Speed EV Plans) Continue reading
Non-Spy Shot – Maserati MC20 Convertible
An early prototype of the new Maserati MC20 convertible has left the gates of the Modena plant. Rather than waiting for a spy shot to appear, Maserati has released the new look for its camouflage. The cloud treatment is okay for a convertible and the alleged news hook for a marketing publicity stunt.
Maserati claims that as with the MC20 coupé, the new model remains one of a kind, at least so far. The body is made exclusively of carbon fiber and composite materials. This engineering likely will be used for all the configurations planned: coupé, convertible and, in the Global Warming regulated future, electric.
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Posted in design and styling, new vehicle
Tagged auto industry commentary, autoinformed.com, Ken Zino, MC20 convertible, Modena
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Census – US Population Growth Slowest Ever
The population of the United States grew in the past year by 392,665, or 0.1%, the lowest rate since the nation’s founding, according to the Census Bureau. This means that the U.S. population grew at a slower rate in 2021 than in any other year since the founding of the nation, based on historical decennial censuses and annual population estimates. The slow rate of growth can be attributed to decreased net international migration, decreased fertility, and increased mortality due in part to the COVID-19 pandemic. Since April 1, 2020 (Census Day), the nation’s population increased from 331,449,281 to 331,893,745, a gain of 444,464, or a mere 0.13%. Between 2020 and 2021, 33 states saw population increases and 17 states and the District of Columbia lost population, 11 of which had losses of more than 10,000 people. This is an historically large number of states to lose population in one year.
Given our urgent need to be internationally competitive and the staunch Republican opposition to helping poor families and young children in favor of tax cuts for the super wealthy, the news comes at a particularly bad time for the Party of Nope , aka Republicans or the grand old white NOPe. When will they put country over ideological allegiance to what is now the party of insurrection and treason? Continue reading
Toyota AZ Proving Grounds Now Accessible to Other Makers?
The Toyota Arizona Proving Grounds (TAPG), Toyota’s proprietary U.S. vehicle development and testing facility, will become available to the broader industry as a vehicle testing resource as it officially launches the Arizona Mobility Test Center1 (AMTC) at TAPG in Wittmann. Toyota (NYSE:TM) has contracted with Intertek Transportation Technologies to operate the facility and provide tenant management and related services under a new multi-year agreement, while Toyota maintains ownership and continues its testing activities at TAPG. Intertek will also market AMTC to attract tenants and manage the leasing business.
This is an unusual move in AutoInformed’s view because testing grounds by their very definition are involved with the operation and testing of future products that are usually closely guarded secrets. It might be the latest example of the extreme demands on capital and resources that automakers are grappling with as the industry rushes headlong into the unknown future of mobility involving autonomous and electric vehicles. It is one way to offset some of enormous and ongoing costs involved. Continue reading
Recalls – Unintended Acceleration on Hyundai Ioniq EVs
Hyundai Motor America is recalling 2017-2019 Ioniq electric vehicles because an “unstable” electrical ground may cause the vehicle to enter a fail-safe mode with reduced acceleration and power leading to unintended acceleration.
“In certain conditions while in fail-safe mode, the vehicle may accelerate after the gas pedal is released,” Hyundai said in the required filing with NHTSA. The Ioniqs were made in Korea with a computer from Korean supplier MOBUS. Continue reading
Posted in electric vehicles, recalls, safety
Tagged auto industry commentary, autoinformed.com, hyundai recalls, Ioniq electric vehicles, Ken Zino, nhtsa
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Goodyear’s Aftermarket EV Tire. Web Ordering Skips Stores
The Goodyear Tire & Rubber Company today debuted its new ElectricDrive GT. It’s Goodyear’s first replacement tire in North America tuned for electric vehicles. EDGT is not a male health disorder, but rather high performance, all-season tire that is claimed to provide long-lasting tread wear and a quiet ride for EV drivers and passengers.
Goodyear says it will expand the ElectricDrive product line in 2022. The initial release of the EDGT is size 255/45R19 104W XL. They will be available only through goodyear.com. and fits some of the most popular EV high-performance models. Continue reading
Volkswagen Spending $20M on 50-State EV Dealer Fitness

Two electric motors, 295 horsepower, estimated 0-60 mph time of 5.7 seconds for the AWD Pro model, means ID.4 is competitive.
Volkswagen of America today said dealers have added 23,490 kW of charging capacity, trained more than 1,260 EV service technicians, and implemented dedicated EV Specialists to create “e-mobility centric consumer experiences across the country.” Volkswagen is also preparing its Chattanooga, TN facilities for the production of the electric ID.4 during 2022. (Volkswagen ID.4 – Most Affordable AWD Electric Vehicle in US?; Future Fuel – VW Group Expands Investments in Batteries)
VW also has begun an “EV Technician Retention Program” by increasing training, motivating skilled technicians, and adding new talent to address the transition to EVs. This allows Volkswagen and participating dealers to reward technicians with a retention bonus of $2,000 per year, “empowering them to gain new individual certifications to enhance their skills and build up expertise for the ID.4 and all coming electric Volkswagens.”
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Posted in electric vehicles, labor issues, people
Tagged auto industry commentary, autoinformed.com, Ken Zino, Volkswagen ID.4
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Building Back – FAA First-Year Airport Funding $2.89B
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award $2.89 billion made available by the Infrastructure Investment and Jobs Act that barely past with the usual Republican opposition last Now 3,075 airports around the nation will have money that can be invested in runways, taxiways, safety and sustainability projects, as well as terminal, airport-transit connections and roadway projects.
Many of these enhancements are crucial for automakers, suppliers and millions of workers as just in time delivery practices have collided with the non-vaccinated covid resurgence and the semiconductor shortage. The money will come from the Airport Infrastructure Grant program, one of three new aviation programs created by the Infrastructure Investment and Jobs Act. The law provides $15 billion over five years. The FAA estimates the backlog of airport modernization and safety projects totals $43.6 billion. For an interactive map and listing of funding for individual airports, see www.faa.gov/bil/airport-infrastructure. Continue reading











Mustang Mach-E SUVs Delivered to ‘Customers’ in China
“May you live in interesting times.”
At least one Mustang Mach-E was officially delivered to first customers in China on Sunday, December 26, Ford Motor said today in a release. The locally-produced Mach-E is being sold via Ford BEV’s tiny network of 25 direct-to-customer stores located in major Chinese metropolitan markets.
Among the customers is ad executive Jin Zhang, who will use his Mach-E as a family vehicle. China, of course, is actively discouraging displays of wealth given the sharp disparity among Chinese incomes where only a small number of people can afford to purchase a new vehicle in what remains the world’s largest auto market. The price of the performance SUV along with the names and number of other customers were undisclosed by Ford. (AutoInformed: Ford to Manufacture Mustang Mach-E in China; Ford Motor Recalls All 2021 Mustang Mach-E Crossovers) Continue reading →