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Tag Archives: autoinformed.com
Stellantis Posts 2023 Pro One Commercial Vehicle Results
“Our performance in 2023 reaffirms that Stellantis Pro One is a keystone of Stellantis business around the world,” said Xavier Peugeot, Stellantis Senior Vice President, Commercial Vehicles Business. “Propelled by the renewal of our entire van lineup and the widest offering of electrified propulsion, Stellantis Pro One is determined to be the most customer-focused product of choice. It is our customers who will drive us to our goal of market leadership by 2027.” Continue reading
Posted in connected vehicles, electric vehicles, environment, manufacturing, marketing, mobility company, news analysis, sales, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Stellantis N.V. NYSE: STLA, Stellantis Pro One commercial vehicle line, Xavier Peugeot
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IIHS Tightens Top Safety Pick Awards Criteria
The Insurance Institute for Highway Safety (IIHS) said today that it is making it harder to earn its Top Safety Pick and Top Safety Pick+ awards in 2024. In a never ending battle in the quest for improved safety going back at least to the landmark 1966 National Traffic and Motor Vehicle Safety Act, IIHS – not without self-interest since it is insurance company funded – wants manufacturers to offer better protection for back seat passengers and to improve their pedestrian crash avoidance systems. The latest changes will improve the prospects for people in vehicles operating in the US. If there is a regulatory debate here, it’s minor and irrelevant in AutoInformed’s view. The preservation and protection of human beings is part of an enlightened society with sound public, corporate and individual policies. The results are indisputable. Despite the more stringent requirements, 71 models qualify for 2024 awards. Of those, 22 earn Top Safety Pick+, and 49 earn Top Safety Pick from IIHS. Continue reading
Posted in auto news, awards, blog, news analysis, people, public health, safety, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David Harkey, Ken Zino, Ken Zino of AutoInformed.com, National Traffic and Motor Vehicle Safety Act, overlap front test, pedestrian front crash prevention systems, side crash tests, The Insurance Institute for Highway Safety Top Safety Pick and Top Safety Pick+ awards
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VW Recalls 261,257 Audi and VW Models for Possible Fires
Volkswagen Group of America (Volkswagen) is recalling ~261,257 front-wheel drive 2015-2020 model year Audi and Volkswagen vehicles for leaking fuel, which in the presence of an ignition source, may result in a fire.* Vehicles that were previously recalled under NHTSA 16V-647 will need to have the new remedy for the safety defect completed. The latest recall appears to have been prompted by NHTSA’s monitoring of the previous one.
In the required filing released today by the National Highway Traffic Safety Administration VW said that a problem with a suction jet pump seal inside the fuel tank, fuel may flow into the evaporative emissions (EVAP) system and possibly leak out of the charcoal canister. Customers could experience refueling issues such as early stopping fuel nozzles or spillback when fuel has accumulated in the EVAP system. A fuel odor may also be noticed by the driver/vehicle occupants. Continue reading
Mercedes USA Recalls 2023-24 Models for Sudden Stalls
Mercedes-Benz USA (MBUSA) is recalling ~32,000 models.* The 80-amp fuses used in them may have been manufactured incorrectly, which can cause the fuses to fail. An 80-amp fuse that fails can result in a sudden loss of drive power or a loss of critical safety functions such as the restraint systems or instrument cluster, increasing the risk of a crash or injury. Additionally, there could be an increased risk of a fire.
In the required filing made public this morning by the National Highway Traffic Safety Administration (NHTSA) Mercedes said that before the failure occurs, the driver “will not receive a warning due to the nature of the failure mechanism.” Continue reading
Posted in auto news, customer satisfaction, manufacturing, mobility company, news analysis, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Intercable Automotive Solution Italy fuse recall, Ken Zino, Mercedes-Benz USA Recalls, National Traffic and Motor Vehicle Safety Act, NHTSA recall 24V-115
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Ford Recalls Expeditions, Navigators for Bad Seat Belts
Ford Motor Company (NYSE: F) is recalling 2018-2020 Expedition and Lincoln Navigator vehicles, according to documents made publicly available by the National Highway Traffic Safety Administration this morning.
The seat belt pretensioner in the driver and/or front passenger seat may inadvertently deploy and lock the seat belt, which will not allow the belt to retract or extend. About 80,000 SUVs are involved in a safety defect that occurs because of rust. Continue reading
Posted in auto news, customer satisfaction, manufacturing, news analysis, quality, recalls, safety
Tagged 24S06, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ford SUV recall, Ken Zino, National Traffic and Motor Vehicle Safety Act, NHTSA recall 24V-099, ZF recalls
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Ayvens and Stellantis – 500,000 Fleet Sales Deal
Ayvens* (Euronext: ALD) and Stellantis (NYSE: STLA) said today that they have reached a multi-billion euro agreement “that encourages Ayvens’ affiliates to buy as many as 500,000 vehicles for its long-term leasing fleet across Europe during the next three years. The first significant delivery volumes are expected to begin in the first half of 2024 and continue throughout the year.
“One of the shared priorities will be integrating Stellantis’ innovative range of sustainable vehicles to support Ayvens’ multi-brand strategy,” the mobility companies said. Their stock prices are contrary with Stellantis near record highs and Ayvens near record lows. Stellantis also has its own leasing business, which is to a degree a competitor of Ayvens. Continue reading
Posted in connected vehicles, customer satisfaction, economy, marketing, mobility company, news analysis, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ayvens, European fleet sales, Ken Zino, Tim Albertsen
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Chevy Camaro Beats Toyota Camry at Atlanta Motor Speedway
In a real photo finish, Daniel Suarez, driver of the #99 Freeway Insurance TrackHouse Racing Chevrolet Camaro ZL1,claimed victory on Sunday 25 February 2024, at the NASCAR Cup Series Ambetter Health 400 at Atlanta Motor Speedway in Hampton, Georgia. Ryan Blaney in the #12 Ford Mustang took second. Kyle Busch, driver of the #8 Cheddar’s Scratch Kitchen Richard Childress Racing Chevrolet Camaro ZL1 was third. They finished three wide across the line with less than one-hundredth of a second making the difference. Continue reading
Mustang Matte Clear Film Coming from Ford
The 2024 Mustang Matte Clear Film is a product of PPG. It’s designed to withstand harsh detergents used at hand or touch-less car washes, as well as road salt, bird droppings, bug splatter, and asphalt residue, Ford claims. Orders will start 27 February. This option comes with the same 3-year/36,000-mile factory warranty that applies to all 2024 Mustang cars.
Customers who order the Mustang Matte Clear Film for the Mustang Dark Horse will not get the standard Hood Accent Stripe or be able to select the Painted Racing Stripe. Matte Clear Film is not available with the GT California Special package, or the optional graphics packages on the Mustang EcoBoost and GT.
Graphic delete will also be a stand-alone item on the Mustang Dark Horse for customers who prefer a less conspicuous appearance on the most track-capable 5.0-liter Mustang with the 2024 Dark Horse Handling Package. Continue reading
Posted in customer satisfaction, design and styling, marketing, milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Laurie Transou, Matte Clear Film for Mustang, Mustang Dark Horse, Mustang EcoBoost, mustang gt
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Mannheim – Porsche Penske Motorsport Reveals Team Home
Porsche Penske Motorsport has a new team headquarters in Mannheim, Germany. It converts a former Porsche dealership into what’s said to be a state-of-the-art, high-tech facility for its world championship campaigns. While the factory team prepares the two Porsche 963 race cars for the North American IMSA WeatherTech SportsCar Championship at its base in Mooresville, North Carolina, work on the WEC endeavor is done at the new team headquarters in Mannheim, Germany. Mannheim of course is known as the place the bicycle was invented, but AutoInformed notes that this is more akin to the Mannheim rocket themes of classical music as sports car racing ushers in a new classical age.* Continue reading
Record Consumer Spending Forecast for US February Sales
Total new-vehicle sales for February 2024 in the US, including retail and non-retail transactions, are projected to reach 1,214,600 units, a 1.4% increase from February 2023, according to a joint forecast from J.D. Power and GlobalData* issued today. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.4 million units, up 0.4 million units from February 2023 as the Biden Administration economic recovery continues. Consumers are expected to spend ~$40.8 billion on new vehicles this month. This is the highest on record for the month of February, and 4.1% higher than February 2023. Continue reading
Posted in auto news, economy, marketing, news analysis, results, sales
Tagged auto industry commentary, auto news, autoinformed.com, automotive blog, Automotive news and analysis, Bidenomics, Elizabeth Krear, GlobalData, j.d power, January 2024 US vehicle sales, Jeff Schuster, Ken Zino, Thomas King, us economy
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January 2024 EU New Car Registrations Up 12%
In January 2024, the EU new car market rallied from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. The trade bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy(+10.6%), France (+9.2%), and Spain (+7.3%) posting either high single-digit or double-digit gains, according to ACEA.*
The EU diesel car market contracted by 4.9% in January. However new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%. The four largest markets in the region, together covering 66% of all battery electric car registrations, recorded double-digit gains: Belgium (+75.5%), the Netherlands (+72.2%), France (+36.8%), and Germany (+23.9%). Continue reading
US Vehicle Transaction Prices Down in January
The automobile market is not contributing to inflation. The extensively covered January Consumer Price Index (CPI), a key measure of inflation is widely misrepresented in AutoInformed’s opinion.
Cox Automotive* said today that it observed declines in retail vehicle prices last month, according to actual transaction data. Kelley Blue Book reported that average transaction prices for new vehicles were down by 3.5% year-over-year, Another Cox measure, Dealertrack data show average used retail prices down slightly less. “Both measures indicate the retail auto market is not pushing overall inflation higher,” Cox said. Continue reading
Posted in auto news, blog, economy, new vehicle, news analysis, prices, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration Recovery, Bidenomics, Cox Automotive, Jonathan Smoke, kelley blue book, Ken Zino, Manheim
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Nissan Cuts Ariya EV Starting Price to $41,340
Nissan USA said today that it is cutting the starting price of the 2024 Ariya EV now on sale with a starting Manufacturer’s Suggested Retail Price [1]* (MSRP) from $39,590 with “enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers.” Ariya Engage, the entry point to the Ariya line-up, has been reduced by $3600 with other trim levels receiving a reduction of up to $6000.
“As the electric vehicle market continues to develop and grow, the revised pricing for the 2024 Ariya will improve the model’s competitiveness and ensure we are delivering maximum value to our customers,” said Trisha Jung, senior director, EV Strategy and Transformation, Nissan USA. Continue reading →