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Tag Archives: auto industry commentary
EPA Proposes an Endangerment Finding for Aircraft Engines Still Running on Leaded Fuel
The US Environmental Protection Agency today announced a proposed determination that emissions of lead* from aircraft that operate on leaded fuel cause or contribute to air pollution that may reasonably be anticipated to endanger public health and welfare. Under the … Continue reading
Ford Shows 2023 Mustang GT Racer before Bathurst 1000
This GT is a precursor of the next generation of Ford performance race cars, including an anticipated return to LeMans during 2024 in an IMSA GT category. The street and track-capable performance MDH – Mustang Dark Horse – is Ford’s next racer. Continue reading
Posted in performance, racing
Tagged Australian Supercars Championship, auto industry commentary, autoinformed.com, Bathurst 1000, Blanchard Racing Team, Dick Johnson Racing, Ford Performance motorsports, Grove Racing, Ken Zino, Mark Rushbrook, Tickford Racing, Walkinshaw Andretti United
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Promise? Final Special Edition 2022 Ford GT LM
Since Ford is investing $50 billion in electric vehicles through 2026, it needs to wring every profitable nickel out of selling what it has now. Enter the 2022 Ford GT LM Edition available with red or blue design trim that include tinted red or blue carbon fiber exterior “treatment and a driver’s seat in the corresponding color.” Twenty will be made. Deliveries begin this fall with production ending later this year. The Ford GT already started at $500,000+. I’d double down on that with $1,000,000 a starting bid. Continue reading
Whither the Global Light Vehicle Market?
“Across much of the world, supply bottlenecks remain the key reason for holding back better sales results. However, as Europe and North America head into the winter months, economic prospects look increasingly dismal in the face of stubbornly high inflation, and underlying demand for new vehicles is inevitably being eroded,” according to respected consultancy LMC Automotive this morning. Continue reading
NADA Cautious on 2022 US Light Vehicle Sales Outlook
However, September 2021 was the weakest since May 2020, because of pandemic induced supply chain disruptions and parts shortages, which resulted in the lowest saleable inventory for more than three decades. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed.com, j.d power, Ken Zino, lmc automotive, nada, Patrick Manzi
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Ford Motor US September Sales Drop 9%
However, Ford is notching some low-volume victories, which might bode well, if – big if – it can transition from its internal combustion engine legacy vehicles – the heart of Ford Motor – while successfully surviving without missing a beat a transplant to an all-electric future. Continue reading
Posted in economy, news analysis, sales
Tagged Andrew Frick, auto industry commentary, autoinformed.com, ford motor sales, Ken Zino
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Russian Oligarch Oleg Vladimirovich Deripaska Indicted
It’s just another example of how treacherous the waters of global trade are for multinational corporations with implications for automobile businesses that operate under totalitarian governments. Continue reading
Posted in economy, litigation, mobility company, people
Tagged auto industry commentary, autoinformed.com, doj, fbi, Ken Zino, Merrick Garland, Ukraine Russian sanctions
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Toyota Motor North America September US Sales Up 17%
Toyota Motor North America (NYSE:TM) today reported US September 2022 sales of 179,050 vehicles, up 17.1% on a volume and daily selling rate (DSR) basis compared to September 2021. September 2022 sales of electrified vehicles totaled 35,419, representing nearly 20% … Continue reading
Posted in sales
Tagged auto industry commentary, autoinformed.com, Jack Hollis, Ken Zino, TMNA
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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
Posted in economy, manufacturing, news analysis, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Steve Carlisle
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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
Western Europe Car Sales Plunge in September
Although supply constraints are still dictating the pace of vehicle sales, demand is also being eroded by low consumer confidence, high inflation, rising energy prices and contractionary monetary policy. Continue reading →