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Tag Archives: autoinformed.com
Volkswagen of America’s Q1 Sales Drop -13%. March Off -42%
In fact, SUV share of sales -Atlas and Tiguan – in Q1 2020 were 50% of the 75,075 deliveries reported. Continue reading
UAW Pressure: Ford Further Postpones NA Production Restart
In a duh statement Ford said: “Ford and autoworkers’ unions – especially the UAW – are working closely on initiatives to keep the workforce safe, including upgrading social distancing guidelines, requiring the workers to self-certify daily that they are not experiencing any COVID-19 symptoms – and more.” Continue reading
FCA US Reports Q1 Sales Drop -10%
FCA US reported a 10% decline in its first-quarter sales as the positive momentum in January and February was more than offset by the country’s unpreparedness for the ongoing coronavirus that is still running rampant. For the quarter, U.S. sales were 446,768 vehicles compared with 498,425 for the same period a year earlier. Retail sales were 306,898 vehicles for the quarter. Fleet accounted for 31% of total sales. Continue reading
Posted in economy, environment, sales
Tagged auto industry commentary, autoinformed.com, COVID-19 Pandemic, FCA ORE, FCA Q1 US Sales, Kenneth Zino
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GM First-Quarter U.S. Sales Drop -7% to 618,335
President Trump admitted yesterday that the US is looking at a painful two weeks of deaths from the COVID-19 virus. Public health experts have been less optimistic. The GM announcement comes as all of the Detroit Three have postponed resumption of vehicle production due in part to the UAW demanding safe work spaces. Unbelievable that there are still states without shelter-in-place orders. Continue reading
Posted in economy, environment, manufacturing, safety, sales
Tagged auto industry commentary, autoinformed.com, COVID-19 Pandemic, gm sales, Kenneth Zino
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Data Point: 2020 Census Paid Temporary Workers Released
Data will help sorting out the mess created by the US’s unpreparedness for what is now a Global Pandemic with the US a leader in cases, illnesses and deaths. Continue reading
COVID-19 Disrupts the Mobility Industry
“Many cities around the world are currently experiencing lockdowns and ‘shelter at home’ executive orders that have slowed the pace of urban life. Mobility is one of the industries that is being hit directly by the new pandemic in multiple aspects,” Bahrani Fard says. Continue reading
Jeep Renegade and Compass 4xe Ready for Euro Orders
Marketing has been shifted during the COVID-19 pandemic as is made clear by FCA’s challenges of introducing new Jeep Renegade and Compass models in Europe. Continue reading
RumbleOn Posts 2019 Loss. Cancels Guidance
Executive summary from AutoInformed: RumbleOn has ambitious plans with more than $840 million in revenue in 2019, but what is arguably a national brand is facing the ongoing contraction (collapse?) of the U.S. economy. Continue reading
Audi A6 Hybrid Vehicles Recalled for Short Circuits, Fires
A fire in a railway container in China last December with 2 new Audi vehicles started a chain of events that lead to this global recall. Audi investigations with Valeo the supplier on the root cause, possible contributing factors and affected production period ensued. Continue reading
2020 NAIAS Canceled. TCF Center to be Field Hospital. Michigan’s COVID Crisis had Little Federal Help
“With the more than 100 convention centers and facilities around the country being considered to potentially serve as hospitals, it became clear to us that TCF Center would be an inevitable option to serve as a care facility to satisfy our community’s urgent health needs,” said NAIAS Executive Director Rod Alberts. Continue reading
Italian Metalworkers Strike to Halt Non-Essential Production
It is AutoInformed’s view a clear demonstration of strong support for union appeals both in Lombardy and at the national level, demanding the closing of all non-essential production activities. Continue reading
Mercedes-Benz Offers Medical Component Production
“With our highly competent team and years of experience in 3D printing technology, we are ready to make our contribution to the production of medical devices,” says Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG. Continue reading
Ventec Life Systems and GM to Mass Produce Ventilators
Under Trump Administration do-nothing policies that refused until this morning to invoke the Defense Production Act (while criticizing GM? Insiders say that GM was waiting for Government Agency approvals). There are now clearly global back-orders of critical care ventilators capable of supporting patients fighting COVID-19. Nonetheless, companies are adding thousands of units of new capacity with a significantly expanded supply chain capable of supporting high volume production. GM is contributing its resources at cost. Continue reading
FCA Expands Coronavirus Relief – 1 Million Meals for Kids
FCA said publicly yesterday its plants across the U.S. and Canada, as well as headquarters operations and construction projects, are to remain closed only until 14 April, dependent upon the various states’ stay-in-place orders and the readiness of each facility to return to production. (FCA to Restart of North American Operations?) The UAW is apparently not pleased with the decision that threatens the health and safety of its members. (UAW Balks at Reopening Workplaces) Continue reading
Posted in economy, environment, labor issues, people
Tagged auto industry commentary, autoinformed.com, COVID-19 Pandemic, fca, Kenneth Zino, Mike Manley
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Only 34% of Jobs in US Can Be Done Remotely
Jonathan Dingel and Brent Neiman conclude that identifying which jobs cannot be performed from home could help to target social insurance payments to those who need them the most. Continue reading →