Bentley Motors – Chinese Dealers Open With First Flying Spur Deliveries

AutoInformed.com on Bentley Flying Spur on Sale in China

Not sure there is enough chrome for Chinese tastes.

Bentley Motors has announced that its 40-dealer retail network in China is now fully open, as the country gradually returns to work following the COVID-19 outbreak. Simultaneously, the luxury British marque is starting customer deliveries of the all-new Flying Spur, its luxury Grand Touring sedan, in the country.  (Grand Touring? Bentley Mulliner Bacalar to Debut at Geneva, Bentley Bentayga Hybrid Has 24-Mile Electric Range)

Retailers have also implemented a flexible, online-sales approach to minimize impact during this period. Moreover, Bentley retailers have adopted a number of social-distancing methods to prevent spread of the virus while simultaneously enhancing the quality services.
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FCA Restarts Production at Sevel Italy?

AutoInformed.com on reopening FCA- Sevel Plant in Italy

Measures include sanitizing more than 300,000 square-meters of workshop floor, installation of 130 dispensers of hand sanitizer, posting of prevention information on 15 large billboards.

In a press release festooned with assurances, FCA said today that the Sevel plant in Atessa, Italy is opened. The joint venture with PSA Group is one of the leading producers of commercial vehicles for the international market with more than 6,000 employees. At the same time, limited activities also recommenced at the plants in Cassino, Pomigliano, Termoli and Mirafiori in connection with components supply for the Sevel plant.

Possible Covid-19 mitigating measures are being tested. This is a real-time experiment with little or no control groups or data on auto plant anti-C0vid measures that actually work. Continue reading

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COVID-19 – 2020 Pebble Beach Concours d’Elegance Cancelled

AutoInformed.com on Pebble Beach Cancellation

It will still be breathtaking, so to speak, post Covid.

Officials of the Pebble Beach Concours d’Elegance have decided to cancel the Show which was scheduled for 16 August 2020. The car selection process for the 70th Pebble Beach Concours was recently completed, and entrants were notified of their acceptance earlier this month. The acceptance letters stressed that these cars were invited to appear at the 70th celebration — even if it was delayed.  With the cancellation of this year’s event, the 70th Pebble Beach Concours will now take place on Sunday, August 15, 2021.
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GM Canada Plans to Make Face Masks in Oshawa

AutoInformed.com on General Motors Warren, Michigan - Preproduction Prep for Level 1 Facemasks April 2020.

GM Warren, MI – Preproduction Prep for Level 1 Facemasks, April 2020.

To help Canada meet the urgent need for face masks for health care professionals and for other Canadians, GM Canada is preparing parts of the Oshawa plant to produce facemasks based on the GM production model already working in the U.S. (GM Expands Medical Projects, Hospital Charitable Deliveries)

“We plan to manufacture approximately one million masks per month at cost for the Canadian government with an estimate of 50 employees supporting two shifts of production. The project still requires completion of additional work with our governments and our Unifor partners and we will provide updates as we get ready to begin production,” GM Canada said in a statement.
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March EU Commercial Vehicle Registrations -47.3%

During March 2020, demand for new commercial vehicles plummeted by 47.3% across the EU, as measures to prevent the spread of the coronavirus lead to the closure of dealerships.

Every vehicle segment was deeply affected by the fallout of the COVID-19 outbreak. All 27 EU markets recorded substantial declines last month. The strongest drops were posted by Italy (-66.1%), Spain (-64.4%) and France (-63.1%). Continue reading

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Toyota Yaris Cross Makes Virtual World Debut

AutoInformed.com on Toyota Yaris Cross

Cross follows last year’s debut of the all-new Yaris. Click to Enlarge.

Toyota Says that its new compact SUV, the Yaris Cross, originally planned to be revealed at the 2020 Geneva Motor Show, has made its virtual world debut. As a new SUV that inherits the assets of the brand’s flagship compact car -Yaris. Yaris Cross will be launched in Japan in Autumn this year, and in Europe mid- 2021. It will eventually find its way into North America. (Toyota to Launch New Model Yaris in Japan in February)

By entering one of the hottest segments in the global auto universe  that was forecast for continual growth pre-COVID-19, the new Yaris Cross faces stiff, established competition. Toyota claims Cross is vehicle that can help “redefine what an urban-type compact SUV should be, sharing the same driving pleasure and feeling beyond its class as the Yaris brand.”
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Ford Performance Shows Mustang Cobra Jet Electric Dragster

AutoInformed.com on All-Electric Mustang Cobra Jet 1400

Click to Enlarge.

For the first time ever, Ford Performance introduces a one-off Mustang Cobra Jet factory drag racer with all-electric propulsion. It has a projected quarter-mile ET in the low-8-second range at +170 mph. The battery-powered Mustang Cobra Jet 1400 prototype is purpose-built, of course, with ~1,400 horsepower and more than 1100 lb.-ft. of torque.

“Ford has always used motorsport to demonstrate innovation,” said Dave Pericak, Global Director, Ford Icons. “Electric powertrains give us a completely new kind of performance and the all-electric Cobra Jet 1400 is one example…we also have the all-electric Mustang Mach-E joining the Mustang family.” COVID-19 might push b ack the debut though. Continue reading

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Daimler Confirms 2020 Group Sales and Revenue Will Decline

AutoInformed.com on Daimler Earnings Drop

Daimler’s full quarterly results will be published on 29 April 29 2020.

Given the continuing effects of the COVID-19 pandemic, Daimler’s Board of Management confirms in a preemptive regulatory filing that its original forecast for the financial year 2020, as disclosed in connection with annual report 2019, is no longer valid.

“The effect of the COVID-19 pandemic on customer demand, supply chains and vehicle production cannot be assessed with the usual degree of detail and certainty, making the re-evaluation of the forecast for the fiscal year 2020 complex.
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Groupe PSA Q1 2020 Revenue -15% at €15.2 Billion

AutoInformed.com on Groupe PSA Q1 2020 Global Sales

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Groupe PSA says that Q1 revenue is down by -15.6% at €15.2 billion compared with €17,976 million in Q1 2019. In the Automotive division[1] revenue declined -15.7% at €11.9 billion because of a sharp volume drop partially offset by a stronger product mix. Globally, consolidated worldwide sales were down -29% with a total of 627,000 cars sold.

Philippe de Rovira, Chief Financial Officer of Groupe PSA said: “Having secured its liquidity and drastically cut its costs, the group now fully focuses on preparing the rebound in a chaotic economic environment”.   Continue reading

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Ford Mustang Touts World’s Best-Selling Sports Car Tag

AutoInformed.com on Mustang

Click to Enlarge.

April is Mustang’s 56th birthday with Ford now claiming two global sales crowns: world’s best-selling sports car and a fifth straight best-selling sports coupe title. Mustang, in Ford’s not Corvette’s view, is also America’s best-selling sports car of the last 50 years.

Mustang sold 102,090 units, according to the most recent new vehicle registration data from IHS Markit, making it the best-selling sports car in the world in 2019. During this period, Mustang sales in Germany increased 33%, in Poland sales rose by nearly 50%, and in France, they nearly doubled from laughably small bases.
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March Global Light Vehicle Sales Plunge. Prelude to Rest of the 2020 Year or the Trend for Years After?

AutoInformed.com on Global Light Vehicle Sales 2019 v 2020 Decline LMC ForecastAlmost all major vehicles markets suffered steep year-over-year declines in March. The beginning of a downward spiral of unknown duration, according to consultancy LMC with 2020 dropping to 71 million units compared to, gulp, 90 million in 2019. (After Worst Collapse Since the 1930s, The Recovery is?)

This is the best-case scenario in AutoInformed’s view. Located in Michigan,  which is a major participant in the global automotive economy, we are still waiting while social distancing for April to make COVID-19 magically disappear in the national Administration’s Panglossian view. This is a reign where even Voltaire’s more amusing version of a “stable genius” could not hang onto a senior level job as court jester. (Most Say Trump Too Slow in Coronavirus Response)
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Business, Politics, States Can Work Together in Germany

AutoInformed.com on Porsche Airlift for Medical Protective Equipment Porsche AG April 2020 COVID Crisis

Oliver Seidl, CFO DB Schenker, Manne Lucha, Minister for Social Affairs Baden-Württemberg, Uwe-Karsten Städter, Member Executive Board for Procurement at Porsche, and Dorothea von Boxberg, COO Lufthansa Cargo ( l-r). Click to Enlarge.

Porsche, DB Schenker and Lufthansa Cargo are helping Baden-Württemberg and the Free State of Saxony with the coronavirus crisis. The automaker put together a task force with six employees from the Procurement department and is organizing supply chains of urgently needed protective equipment on behalf of German state governments.

Together with the logistics partners DB Schenker and Lufthansa Cargo, Porsche is ensuring “problem-free” transport of protective masks, goggles, and protective suits from Shanghai to Germany. Since 9 April, up to six ex-passenger aircraft a week have been flying from China for Baden-Württemberg and the Free State of Saxony. Continue reading

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COVID Innovations – Barrett-Jackson Online Only Auction

AutoInformed on Barrett-Jackson Online Only Auction

You can be there will be a reserve on the Mustang.

Barrett-Jackson, noteworthy for collector car auctions, will premiere an online only auction beginning on 8 May 2020. With roughly 75 premium, hand-selected collector vehicles and more than 250 pieces of automobilia, the Barrett-Jackson Online Only May 2020 Auction will be run via an online auction platform, Proxibid.

It is claimed that Proxibid provides bidders and sellers secure online transactions and an infrastructure with 99 percent uptime. Both Reserve and No Reserve options are being offered.
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After Worst Collapse Since the 1930s, The Recovery is?

IHS Markit is looking past the “horrific Q2 drop in real GDP, and a deeper recession in 2020 than in 2008-09,” to assess the shape and strength of the recovery. Ms. Sara Johnson and CBE Nariman Behravesh, Ph.D. of the consultancy write that “For many of the consumer-facing service sectors, a U- or even L-shaped recovery seems more likely, given the expected reluctance of people to engage in activities that put them in contact with groups of other people (travel, entertainment, etc.). Continue reading

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2020 Commercial Vehicle Production Forecast down -22%

AutoInformed.com on AutoInformed.com on COVID-19 and truck sales

No parts, no trucks. No deliveries, no truck wearouts. It’s only a question how much will commercial vehicle sales and manufacturing get hurt?

Global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 are forecast to be down -22% or more than 650,000 units to 2.6 million units because of the COVID-19 pandemic, according to the most recent analysis from IHS Markit (NYSE: INFO).

Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect – so far – a -3.0% decline in global real GDP in 2020.
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