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Tag Archives: auto industry commentary
FCA Restarts Production at Sevel Italy?
In the coming days, training on safety standards will be made available via e-learning, standard internal communications channels and by sector managers with the support of specialized medical personnel. Continue reading
COVID-19 – 2020 Pebble Beach Concours d’Elegance Cancelled
With the cancellation of this year’s event, the 70th Pebble Beach Concours will now take place on Sunday, August 15, 2021. Continue reading
GM Canada Plans to Make Face Masks in Oshawa
“We plan to manufacture approximately one million masks per month at cost for the Canadian government with an estimate of 50 employees supporting two shifts of production. The project still requires completion of additional work with our governments and our Unifor partners and we will provide updates as we get ready to begin production,” GM Canada said in a statement. Continue reading
March EU Commercial Vehicle Registrations -47.3%
Every vehicle segment was deeply affected by the fallout of the COVID-19 outbreak. All 27 EU markets recorded substantial declines last month. The strongest drops were posted by Italy (-66.1%), Spain (-64.4%) and France (-63.1%). Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed.com, COVID-19 denials, eu commercial vehicle sales, Kenneth Zino
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Toyota Yaris Cross Makes Virtual World Debut
Cross follows last year’s debut of the all-new Yaris, unveiled in October 2019 as the next-generation compact car, which – it was claimed – brought enhanced driving pleasure, the world’s highest level of fuel efficiency for its class thanks to its use of Toyota’s latest hybrid system, as well as advanced safety and security technologies. Continue reading
Ford Performance Shows Mustang Cobra Jet Electric Dragster
“Ford has always used motorsport to demonstrate innovation,” said Dave Pericak, Global Director, Ford Icons. “Electric powertrains give us a completely new kind of performance and the all-electric Cobra Jet 1400 is one example…we also have the all-electric Mustang Mach-E joining the Mustang family.” COVID-19 might push back the debut though. Continue reading
Daimler Confirms 2020 Group Sales and Revenue Will Decline
“The effect of the COVID-19 pandemic on customer demand, supply chains and vehicle production cannot be assessed with the usual degree of detail and certainty, making the re-evaluation of the forecast for the fiscal year 2020 complex.” Continue reading
Groupe PSA Q1 2020 Revenue -15% at €15.2 Billion
PSA says the outlook is currently difficult to assess and will depend on the scale, duration, and geographic extent of the Covid-19 crisis, as well as the measures taken by the countries concerned. Continue reading
Ford Mustang Touts World’s Best-Selling Sports Car Tag
Mustang sold 102,090 units, according to the most recent new vehicle registration data from IHS Markit, making it the best-selling sports car in the world in 2019. During this period, Mustang sales in Germany increased 33%, in Poland sales rose by nearly 50%, and in France, they nearly doubled from laughably small bases. Continue reading
March Global Light Vehicle Sales Plunge. Prelude to Rest of the 2020 Year or the Trend for Years After?
Almost all major vehicles markets suffered steep year-over-year declines in March. The beginning of a downward spiral of unknown duration, according to consultancy LMC with 2020 dropping to 71 million units compared to, gulp, 90 million in 2019 Continue reading
Business, Politics, States Can Work Together in Germany
Porsche, DB Schenker and Lufthansa Cargo are helping Baden-Württemberg and the Free State of Saxony with the coronavirus crisis. The automaker put together a task force with six employees from the Procurement department and is organizing supply chains of urgently needed protective equipment on behalf of German state governments. Continue reading
After Worst Collapse Since the 1930s, The Recovery is?
For many of the consumer-facing service sectors, a U- or even L-shaped recovery seems more likely, given the expected reluctance of people to engage in activities that put them in contact with groups of other people (travel, entertainment, etc.). Continue reading
Infiniti: 0% Financing, 90-Day Deferred Payments
Effective immediately, Infiniti Financial Services is offering well-qualified buyers zero percent APR financing for up to 72 months on any 2020 Infiniti model, and will defer payments for 90 days. This offer is available through June 30, 2020. Continue reading →