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April 2020

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Wednesday, April 1, 2020

Kia Motors America Announces March Sales

Kia Motors America Announces March Sales

Kia Motors America today announced March sales of 45,413 vehicles, led by the Optima and Forte. The first three months of 2020 saw the Sportage SUV – Kia's longest-running nameplate in the U.S. – realize best-ever first quarter sales of 20,057 units. ... Continue reading

New Motor Oils Will Meet the Needs of Modern Engines in Cars, Trucks and SUVs

New Motor Oils Will Meet the Needs of Modern Engines in Cars, Trucks and SUVs

Modern cars, SUVs and pickup trucks offer sophisticated high-performance gasoline-powered engines which are more efficient, with many requiring low viscosity motor oil to meet the needs of vehicle manufacturers. This includes oils such as 5W-20, 0W-20 and even 0W-16. ... Continue reading

GM Announces 1Q 2020 Sales Results

GM Announces 1Q 2020 Sales Results

General Motors announced today that it delivered 618,335 vehicles in the first quarter of 2020, a decrease of about 7 percent compared to a year ago. The industry experienced significant declines in March due to the outbreak of COVID-19. ... Continue reading

HYUNDAI MOTOR AMERICA REPORTS MARCH AND Q1 2020 SALES

HYUNDAI MOTOR AMERICA REPORTS MARCH AND Q1 2020 SALES

Hyundai Motor America reported total March sales of 35,118 units, a 43% decrease in comparison with March 2019. This result was due to the substantial business disruptions across Hyundai’s organization and the entire automotive industry from the COVID-19 global pandemic. ... Continue reading

Mazda Announces the Launch of Mazda Financial Services New Customer Deferred Payments

Mazda Announces the Launch of Mazda Financial Services New Customer Deferred Payments

Mazda North American Operations April 1, 2020 IRVINE, Calif. (April 1, 2020) – Mazda North American Operations (MNAO) today announced the launch of Mazda Financial Services (MFS) provided by Toyota Motor Credit Corporation (TMCC). MFS offers a suite of automotive finance, lease, wholesale, dealer banking, and insuran ... Continue reading

Ram Truck Unveils New 2020 Ram 1500 Laramie Southwest Edition

Ram Truck Unveils New 2020 Ram 1500 Laramie Southwest Edition

Ram unveiled the 2020 Ram 1500 Laramie Southwest Edition, a new luxury trim aimed at the largest truck-buying region in the world. ... Continue reading

FCA US Reports First-quarter 2020 Sales Down 10%

FCA US Reports First-quarter 2020 Sales Down 10%

FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March. ... Continue reading

FCA OFFERS NEW CAR AND TRUCK DEALS! - Chrysler, Jeep, Dodge, Ram, Fiat and Alfa Romeo.

FCA OFFERS NEW CAR AND TRUCK DEALS! - Chrysler, Jeep, Dodge, Ram, Fiat and Alfa Romeo.

In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA is launching its “Drive Forward” initiative. ... Continue reading

Low Oil Prices Makes China Happy - Hmmmm (Just Saying)

Low Oil Prices Makes China Happy - Hmmmm (Just Saying)

China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average. China remains the world’s top crude oil importer, surpassing the United States in 2017. ... Continue reading

Special Deals From Car Manufacturers As Compiled By KBB.COM

Special Deals From Car Manufacturers As Compiled By KBB.COM

Besides incentive offers, several manufacturers and one lending institution are giving payment deferrals for new customers. These deals are a way of reassuring buyers that they will be protected from any economic dislocation encountered in the wake of the Coronavirus shutdowns. ... Continue reading

FLIR Systems, Inc. and Foresight Sign Agreement to Develop, Market and Distribute QuadSight® Vision System

FLIR Systems, Inc. and Foresight Sign Agreement to Develop, Market and Distribute QuadSight® Vision System

NESS ZIONA, Israel--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the signing of an agreement with FLIR Systems Inc. . FLIR is the world’s largest and leading commercial company specializing in the design and production of thermal imaging camera ... Continue reading

2020 Strategic Analysis of eRetailing in the Global Automotive Aftermarket - ResearchAndMarkets.com

2020 Strategic Analysis of eRetailing in the Global Automotive Aftermarket - ResearchAndMarkets.com

DUBLIN--The "Strategic Analysis of eRetailing in the Global Automotive Aftermarket, 2020" report has been added to ResearchAndMarkets.com's offering. The aim of the study is to analyze and estimate the adoption of eRetailing in the automotive aftermarket, deep diving into key markets and market participant activity. ... Continue reading

Europe Electric Vehicle Charging Connector Market Projected to Grow by USD 22.02 Million During the Period, 2020-2024 - ResearchAndMarkets.com

Europe Electric Vehicle Charging Connector Market Projected to Grow by USD 22.02 Million During the Period, 2020-2024 - ResearchAndMarkets.com

DUBLIN--The "Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the global electric vehicle (ev) charging connector market in europe and it is poised to grow by USD 22.02 mn during 2020-2024, progressing at a ... Continue reading

Facedrive Expands Green Ridesharing Network to Ottawa, Canada’s Capital

Facedrive Expands Green Ridesharing Network to Ottawa, Canada’s Capital

TORONTO--Facedrive Inc. (“Facedrive”) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce its expansion to Ottawa, Ontario. Newly licenced in Canada’s capital, Facedrive is expected to offer its services to Ottawa’s residents within the ... Continue reading

GAC MOTOR Responds to COVID-19 Epidemic with Prevention, Protection and Aid

GAC MOTOR Responds to COVID-19 Epidemic with Prevention, Protection and Aid

GUANGZHOU, China, April 1, 2020 -- In response to the COVID-19 outbreak, GAC MOTOR has introduced various preventative measures to protect its customers and employees, while working with partners from all regions to assist in the global effort against the epidemic. After overcoming multiple challenges, GAC MOTOR has re ... Continue reading

Global Automatic Generation Control Market to 2024 - Analysis, Drivers & Challenges - ResearchAndMarkets.com

Global Automatic Generation Control Market to 2024 - Analysis, Drivers & Challenges - ResearchAndMarkets.com

DUBLIN--The "Global Automatic Generation Control Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the global automatic generation control market and it is poised to grow by USD 207.72 mn during 2020-2024, progressing at a CAGR of 4% during the forecast peri ... Continue reading

Innovations in Batteries, Robo Taxis, AI, Autonomous Vehicles, Combustion Engines, Air Taxis & Machine Learning - 2020 - ResearchAndMarkets.com

Innovations in Batteries, Robo Taxis, AI, Autonomous Vehicles, Combustion Engines, Air Taxis & Machine Learning - 2020 - ResearchAndMarkets.com

DUBLIN--The "Innovations in Batteries, Robo Taxis, AI, Autonomous Vehicles, Combustion Engines, Air Taxis, and Machine Learning" report has been added to ResearchAndMarkets.com's offering. This Mobility TechVision Opportunity Engine (TOE) profiles advancements in flexible battery, robot taxicab, autonomous driving, neu ... Continue reading

The Kerrigan Index Drops to 2012 Levels as Auto Retailers Underperform in Wake of COVID-19

The Kerrigan Index Drops to 2012 Levels as Auto Retailers Underperform in Wake of COVID-19

IRVINE, Calif.--Kerrigan Advisors, in the wake of the global economic shock caused by the coronavirus disease (COVID-19), has released The Kerrigan Index™ as of March 31, 2020, which is comprised of the seven publicly-traded auto retailers. When taken in context with Kerrigan Advisors' just-released 2019 Blue Sky Rep ... Continue reading

New Car Deals? Naaah, Despite COVID-19 March 2020 Average New-Vehicle Prices Up Nearly 3% Year-Over-Year According to Kelley Blue Book

New Car Deals? Naaah, Despite COVID-19 March 2020 Average New-Vehicle Prices Up Nearly 3% Year-Over-Year According to Kelley Blue Book

Average transaction price for a light vehicle in the United States was $37,736 in March 2020. New-vehicle prices increased $972 (up 2.6%) from March 2019, while dropped $38 (down 0.1%) from last month. “While the automotive industry and broader U.S. economy were brought to a near halt in March, average transaction pr ... Continue reading

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