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The latest light vehicle production forecast out this week by S&P Global Mobility is grim showing declines in every region as original March forecasts that assumed a short Trump Iranian war thought it was a temporary blip. As we said at the time “Well, yes but there is no indication that this will be a short term event or that it’s economic consequences were considered by the whimsical U.S. president who would be king. Moreover the former Detroit Three are heavily dependent on sales of gas-gulping light trucks as fuel prices are climbing with no end in sight. Additionally, the Administration is going it alone in this war, as former allies, who were not informed or consulted, refuse to be drawn into the tragic and increasingly bloody conflict – AutoCrat.”* This brings us to:
“The global auto industry’s near-term outlook is heavily influenced by the ongoing conflict in Iran, with the Strait of Hormuz now expected to remain closed through April, leading to higher oil prices and increased volatility. These conditions are raising manufacturing and logistics costs, putting pressure on vehicle demand and production,” said Mike Wall, Executive Director, Automotive Analysis, S&P Global Mobility yesterday. Continue reading →
New Porsche Cayenne Coupé Electric Debuts in Beijing
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Porsche AG’s (P911.DE) new Cayenne Coupé Electric model with three drive variants celebrated its world premiere at Auto China 2026 in Beijing today. They can be ordered immediately. The Chinese market has been challenging for Porsche lately as customers are turning to less expensive and innovative EVs from Chinese makers.*
“The gently sloping roofline sweeps elegantly over the car’s broad shoulders and gives the Cayenne Coupé a particularly sporty appearance,” said Thomas Stopka, Head of Exterior Design, Style Porsche. “The adaptive rear spoiler blends harmoniously into the body, while the way the rear window is embedded and flush-mounted with fewer joints ensures a clean, modern look. Continue reading →