Tag Archives: auto industry commentary

First Virtual Look – 2021 Toyota Venza Two-Row Crossover

All Venza’s will be hybrids – supporting Toyota’s stated goal of selling 25% of its product line as hybrids by 2025 – and all will be AWD. More pertinent to buyers, the 219 horsepower, 5-seat Venza is projected to have an EPA combined mileage of 40 mpg (LE trim and Electronic On-Demand All-Wheel Drive) when it goes on sale this summer. Pricing is not released yet and could be critical to Venza’s success in the salesroom or as is likely online as the U.S. is far, far behind in social distancing and a national response. It does however lead the world in Covid plague deaths. Continue reading

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Failed Pre-Collision – Ford Recalls Expedition, Navigator

Obviously, this is a safety defect because if the driver is unaware that the Pre-Collision Assist system is not enabled, they may rely on a system that is not functional, increasing the risk of a crash or injury. Continue reading

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Limit Vehicle Disease with Bacteria, Virus Resisting Materials

Shashank Modi a Research Engineer at the Center for Automotive Research in Michigan notes that drivers of Uber, Lyft, and other ride-hailing services are concerned about their own health and that of their passengers. Company guidelines recommend ride-hailing drivers to wear masks and disinfect their cars regularly. “But are these safety measures sustainable in the long run? Is there a better way to instill confidence in shared mobility?” asks Modi. Continue reading

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Finally, Census Bureau Survey on Businesses

The survey, conducted by email, is intended to provide weekly data on the impact of the COVID-19 plague on the nation’s businesses. Results are displayed as data visualizations. The Census Bureau defines small businesses as single business locations with one to 499 employees and at least $1,000 in annual revenue. Continue reading

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Chevrolet, Buick, GMC and Cadillac Expand Customer Care Marketing Initiatives With the ‘CLEAN’ Program

Dealers who enroll in the so-called CLEAN program have agreed to follow CDC guidelines and to use Environmental Protection Agency-approved cleansers in connection with the cleaning of their facilities, including high-traffic areas, and the cleaning of new, used and serviced customer vehicles. Dealers who enroll in the program have committed to following the CDC guidelines and practices upon enrollment. They should not inject or drink bleach of course. Continue reading

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MotorCities At Home – a Zoom Look at Hood Ornaments

The series kicks off this Friday at noon with “Mascots of Motion” with automotive journalist Steve Purdy. Continue reading

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Half of Pandemic Layoffs Will Result in Permanent Job Loss

The authors say that even if the crisis is resolved quickly, many pandemic-induced shifts in consumer demand and business will linger. Therefore, they conclude that the reallocation of labor is likely to persist and estimate that 42% of recent pandemic-induced layoffs will result in permanent job loss. Continue reading

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Einride and Oatly to Electrify Transport in Sweden

“Road freight transport as it currently exists is a system that drastically needs to change. Nearly 7% of global CO2 emissions come from this road freight, a figure that will only increase if we do not switch to more sustainable,” says Robert Falck, CEO and Founder of Einride. Continue reading

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VW: Three-Month Warranty Extension On New, Used Vehicles

Volkswagen and Volkswagen Credit (VCI) also announced an extension  of customer payment relief options put in place because of the ongoing COVID-19 pandemic. Continue reading

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COVID Journal – Our Correspondents on Politics, Policy and Insights in these Medieval Times of a 21st Century Plague

Well, we are isolating in place. I have seen all of Fleabag and the Crown, and The Medici, among others. Hoarding here is more contagious than Corona virus. King Trump, as always, is trying to bluff his way out of the crisis he abetted by dismissing the threat and then – even now – refusing to act while self-praising his not quiet, not genius approach and attacking media for using his own words/babble against him. Continue reading

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Penske Automotive Q1 2020 Results -46% at $0.64 per share

In the U.S., through February same-store new and used automotive retail unit sales increased 7.5% and declined 1.1% internationally. In March, the outbreak of COVID-19 began to impact Penske in all markets. Many U.S. and Germany dealerships were impacted by shelter-in-place orders while operations in Italy, Spain and the U.K. were closed. As a result, same-store new and used automotive retail unit sales for the month of March declined -40.2%. Continue reading

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More than 20 Million Jobs Lost in April as ~15% Unemployed

Employment fell sharply in all major industry sectors. There were  particularly heavy job losses in leisure and hospitality where the spread was initially ignored as Washington slept – until people, now former customers stopped traveling or died. This was out of self-preservation as the corpses mounted in non-living color on the news and in statistical counts. It was also the result of some Democratically-controlled states where shelter in place was imposed out of concern for the health of residents and not for the health of the increasingly infected Trump reelection campaign. Continue reading

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Ford to Begin Phased Restart in North America 18 May

Ford initially refused a UAW request to shut down over to weekend of 16 March. Bowing to pressure from the UAW and with a belated portion of common sense and awareness of the COVID-19 pandemic, Ford Motor Company on 18 March said it would stop production at U.S., Canadian and Mexican manufacturing facilities after Thursday evening’s shifts through March 30 to thoroughly clean and sanitize the company’s plants. Continue reading

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General Motors to Offer More Senior Unsecured Notes

“We expect the New 364-Day Revolving Facility to be unsecured and to provide available borrowing capacity of approximately $2 billion in U.S. Dollars only, and we have received commitments from lenders in excess of this amount.” Continue reading

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How To Disinfect a Vehicle Without Damaging Its Interior

The CDC recommends wearing disposable gloves for cleaning and then disinfecting surfaces. If a surface appears dirty, it should be wiped down with soap and water prior to disinfection. For vehicle interiors, a soft or microfiber cloth dampened with soap and water can be used to wipe down hard surfaces. Continue reading

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