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NA Q1 Light Vehicle Sales Rate at 14.1M, -2.7M YoY
According to GM Chief Economist Elaine Buckberg, industry light vehicle volumes will grow this year and top 2021 levels, thanks to a strong labor market, higher vehicle production and pent-up demand. Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Q1 2022 US and North America Sales.
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Uwe Pichler-Necek Next MD of Porsche Engineering China
The move in the totalitarian state comes as German automakers are scrambling to adopt to the disruptions caused by Russian totalitarian Vladimir Putin’s war against Ukraine rages on slaughtering civilians. German automakers are bearing the direct brunt of this war and scrambling to adjust to production and supply disruptions. Continue reading
Mission Impossible to Ignore – Almost All SUVs Struggle in First IIHS Seat-Belt Reminder Ratings
Federal motor vehicles safety standards say that seat belt reminders must include an audible signal that lasts for 4-8 seconds total and a visual alert that lasts at least 60 seconds whenever the driver’s seat belt is unbuckled. Almost half of the drivers and front-seat passengers killed in crashes in 2019 weren’t belted. Continue reading
Ford Issues 2022 Integrated Sustainability and Financial Report
The problem with all such reports is that saying something doesn’t mean that other areas of the company are actually supporting the stated goals. “Combining sustainability and financial performance in a single report,” Ford said, “is significant.” Well, given this, Ford has actively opposed attempts by stockholders at the last few annual meetings to reveal its PAC contributions. Is Ford dispensing shareholder money to politicians or companies that are actively opposed to its stated goals? Given the vast complexity of Ford’s, Democracies’ and the globe’s survival threats, it’s a key measurable in AutoInformed’s view. Continue reading
Goodyear Expands Eagle Exhilarate Performance Tire Line
Popular vehicles that Eagle Exhilarate tires will now fit include the Acura TLX, Audi A5 and RS5, BMW 3-Series and X5, Cadillac XTS, Chevrolet Camaro and Corvette, Dodge Challenger and Charger, Ford Mustang, Infiniti Q50, Mercedes E-Class, Porsche 911 and Volvo S60. Continue reading
Genesis Opens First US Standalone Retail Store
Genesis of Lafayette is the first of many planned retail facilities for the brand in the United States. Six more locations are currently under construction with an additional twenty in early planning stages. Genesis of Lafayette is owned and operated by dealer principal Arthur C. LeBlanc Jr. and Sterling Automotive Group. Customers can book an at-home test drive online, and delivery of their new vehicle at their residence or place of business. Continue reading
Volta Trucks Road Show Heading to Madrid
Following the promised start of production this year, the vehicles could be in circulation in Madrid during 2023, a city that exceeded the EU’s air quality standard in 2021. Volta Trucks plans to produce 5,000 vehicles throughout Europe in 2023, increasing to 14,000 in 2024, 27,000 in 2025. The 16-tonne vehicle is the first of the four variants which range between 7.5- and 18-tonnes. Continue reading
Posted in electric vehicles, global warming, marketing
Tagged auto industry commentary, autoinformed.com, Ken Zino, Volta Trucks
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Clean Truck, Bus CALSTART Incentives Available at CARB
CALSTART is a national non-profit association with offices in New York, Michigan, Colorado and California and partners worldwide. CALSTART works with more than 280 company and agencies to “build a prosperous, efficient and clean high-tech transportation industry. We knock down barriers to modernization and the adoption of clean vehicles.” Continue reading
Chinese Hyper EV – the Lotus Eletre SUV Debuts
“The Eletre, our Hyper-SUV, is a new performance car from an iconic performance car brand and it will appeal to independent-minded and adventurous driving enthusiasts -those who love the thrill of driving. It is a unique combination of beautiful design, exceptional dynamic performance and everyday usability, for those who dare to look beyond the conventional, and marks a turning point for our business and brand,” claimed Qingfeng Feng, CEO, Group Lotus. Continue reading
US Department of Transportation Budget for FY 2023 – $142B
Automobility moves America by supporting a total of 10.3 million American jobs, or ~8% of private-sector employment; direct, indirect, and stimulated jobs supported by the auto industry create $650 billion in paychecks for millions of workers; Every job for an auto manufacturer in the United States creates ~11 other positions in industries in the economy. Continue reading
Commerce Releases Plan to Boost America’s Competitiveness
While Commerce has revised its mission statement to underscore the connection between its programs and all Americans, specifically the Department’s mission is to create the conditions for economic growth and opportunity for all communities, AutoInformed thinks it’s going to take a lot more than publicity releases. What needs to happen in our view is to accomplish real change and have resentful people not only endorse and help in its implementation, but also to recognize that government can make things better for the common good despite the abject failures of the previous Administration to do so. Since Ronald Reagan the Republican party has said government is the problem while proving exactly that under successive Republican mis-administrations. Continue reading
German Automakers Bearing Brunt of Putin’s War on Ukraine
“The war in Ukraine has led to plant closures across Germany and a likely loss of around 150k units in March alone,” James Norris, Senior Analyst, European Light Vehicle Production at the respected LMC Automotive consultancy said today. By the … Continue reading
EPA Publishes Plan to Achieve Biden-Harris Priorities
Ruckelshaus was appointed by President Nixon when the agency was created in 1970 and Republicans cared about the environment. Among his many accomplishments was the banning of the deadly pesticide DDT. Ruckelshaus, resigned as deputy attorney general rather than institute President Richard M. Nixon’s illegal order to fire the independent special Watergate prosecutor Archibald Cox in the constitutional crisis of 1973 dubbed the “Saturday Night Massacre.” Only a small, but significant number of Republicans have had the courage to do so under the ousted-by-legal-voters, treasonous Trump Administration whose still ongoing constitutional crisis’ and corruption scandals have now implicated the Supreme Court Justice Clarence Thomas, whose wife was calling for the overthrow of the duly elected government. Continue reading
GM Canada – Marissa West now President, Scott Bell moves to VP Global Chevrolet in US
West holds a master’s degree in mechanical engineering from the University of Michigan and a bachelor’s degree in mechanical engineering from Michigan State University. Marissa has four children with her husband Bob. Continue reading
Stellantis Consolidates Financial Services for All Brands
All these are supporting Stellantis’ desire to develop a full-service captive finance arm. To provide customers, dealers and partners with a complete range of financing options in the near-to-medium term, including retail loans, leases, and floorplan financing. Continue reading →