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- Toyota to Export U.S. Made Vehicles to Japan
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- Pre-Owned Vehicle Marketing – Stellantis, Cox Automotive
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China Light Vehicle Sales Highest Ever in August
“PV wholesales and production numbers for August were in line with our expectation for the month. After the reopening of Shanghai, sales rebounded strongly for the second consecutive month in July, continuing to be boosted by pent-up demand and the temporary purchase tax cut on PVs (from 1 June to 31 December 2022). The local governments’ and automakers’ sales promotions also played a role in the brisk demand. In the recently three months, some of the premium brands have been promoted by the purchase tax preferential policy, and the recovery of the market is obvious,” said LMC. Continue reading
Production Starts in Alabama of the Mercedes EQE SUV
Mercedes with this full-size SUV is mounting a growing defense of its competitiveness in expensive luxury vehicles, which is under attack by Tesla, Lexus, BMW, Porsche, and Maybach, among others, all of whom must address the growing global demand for SUV shapes and the utility provided. By 2030, the subsidiary of Daimler now – belatedly? – wants more than half the cars it sells to have electric drive systems – this includes all-electric vehicles and plug-in hybrids, areas it has been slow to embrace. Pricing ranges from $106,000 to more than $133,000. Continue reading
Atlantic Richfield to Finish Anaconda Smelter Cleanup
Decades of copper smelting activity at the town of Anaconda polluted the soils in yards, commercial and industrial areas, pastures and open spaces throughout the 300-square-mile Anaconda Site. This pollution has in turn contributed to the contamination of creeks and other surface waters at the Site, as well as of alluvial and bedrock ground water. The closure of smelting operations in 1980 left large volumes of smelter slag, flue dust and hazardous rock tailings that have had to be secured through a variety of remediation methods. Continue reading
Augmented Reality – TeamViewer and Hyundai Motor
Overall benefits claimed are increased productivity, accuracy, speed and safety of production workers. The two parties will also pursue global joint marketing of smart factory and enterprise AR technology. Continue reading
Expanding EV Choices Increase Buying Consideration
“Although these shoppers are easing off the pedal a bit, the percentage of shoppers who are “somewhat likely” to purchase an EV in the next 12 months increased 2.5 percentage points in August,” Krear notes. Continue reading
Biden-Harris Doubling Clean School Bus Rebates to $1 Billion
This is the first round of funding from the EPA Clean School Bus Program, which President Biden’s Bipartisan Infrastructure Law created with a historic $5 billion investment for low- and zero-emission school buses over the next five years. Continue reading
Record September for US New-Vehicle Spending at $45,622
While there is a great deal of fretting about the Federal Reserve’s monetary tightening, during September, new-vehicle prices remain at the highest levels, with the average transaction price expected to reach $45,622 – a record for September. This is a 6.3% increase from a year ago and the fourth highest of any month on record. The increase in sales volume, coupled with the near record level transaction prices, is resulting in consumers being on track to spend nearly $43.7 billion on new vehicles this month, the highest level ever for the month of September and a 12% increase from September 2021. Continue reading
Posted in economy, sales
Tagged auto industry commentary, autoinformed.com, j.d power, Jeff Schuster, Ken Zino, lmc automotive, saar, Thomas King
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GM, OneD form Battery R&D Deal as EV Gold Rush Continues
General Motors Co. (NYSE: GM) and OneD Battery Sciences * said today they have started a joint research development agreement focused on the potential use of OneD’s silicon nanotechnology in GM’s Ultium battery cells. The goal is to increase energy … Continue reading
Stellantis Celebrates 7 Million Vehicles Built at Sevel
Sevel builds the Fiat Professional Ducato, Citroën Jumper, Peugeot Boxer, and Opel/Vauxhall Movano vans and chassis. Sevel is Europe’s largest light commercial vehicle (LCV) plant. Continue reading
Ford – $700M to Louisville Plant for 2023 Super Duty Pickup
“UAW Local 862 members are proud to be a part of the F-Series Super Duty’s success both today and tomorrow,” said UAW President Ray Curry. “We celebrate this $700 million investment into Ford’s Kentucky Truck Plant, as it shows that UAW members continue to play an important role in Ford’s future.” Continue reading
First Look – 2024 Chevrolet Silverado HD
The pickup truck line has 2500HD and 3500HD models in Regular Cab, Double Cab and Crew Cab configurations. Dual-rear-wheel models are optional on 3500HD allowing the lineup’s highest trailering capacity: 36,000 pounds. The 2024 Silverado HD is offered in Work Truck, Custom, LT, LTZ, and High-Country trims. ZR2 will join the HD trim lineup later in the model year for the first time. Continue reading
FAA Publishes Guidelines for Vertiports
The design standards are a critical step for the guidance of airport owners, operators and infrastructure builders or developers to begin designing facilities that will support operations of AAM aircraft that are electrically powered and take-off and land vertically – either at ground level or on top of structures. Continue reading
Posted in aviation, safety, transportation
Tagged AAM, Advanced Air Mobility aircraft, auto industry commentary, autoinformed.com, faa, Ken Zino, VTOL
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New Ford Recalls: 2022 Model Explorer, Ranger, F-Series
On some 2022 Explorer and Ranger vehicles equipped with 2.3-liter engines, the fuel line may be loose due to improper tightening of the fuel line connection. There is a potential for fires. On some 2022 F-150 vehicles. The right-side instrument panel cover may have been manufactured incorrectly, which can cause the air bag to not deploy as intended. During air bag deployment, the air bag cover my break and project fragments into the vehicle, or the air bag may deploy improperly, increasing the risk of occupant injury. Continue reading
GM Q3 US Sales Up 24%
Three of GM’s vehicle brands posted double-digit total sales gains, with Chevrolet up 30%, GMC up 24% and Cadillac up 50%. GM also claimed ~3-point improvement in retail market share year over year (J.D. Power PIN data), as well as “significant sales gains” in the commercial fleet segment. Continue reading →