Ford Splits Into Two Car Makers - Real and Electric
Mar 2, 2022
Ford Ford Blue and Ford Model e will operate as distinct businesses, but share relevant technology and best practices to leverage scale and drive operating improvements; along with Ford Pro, all three businesses are expected to have discrete P&Ls by 2023 Accelerates Ford+ plan to unlock growth and create value for Ford ... Continue reading
Supply Issues and Winter Storm Landon Constrain American Honda February Sales Momentum
Mar 1, 2022
March 1, 2022 Multiple supply issues and Winter Storm Landon disrupt progress in improving vehicle inventory Customer demand remains strong with nearly 60% of vehicles en route to dealers pre-sold HR-V continues strong performance in February with 13th consecutive monthly sales record Acura sales approach 10,000 sales ... Continue reading
SUBARU OF AMERICA, INC. REPORTS FEBRUARY SALES RESULTS
Mar 1, 2022
CAMDEN, N.J., March 1, 2022 -- Subaru of America, Inc. (SOA) today reported 44,866 vehicle sales for February 2022, a 7.1 percent decrease compared with February 2021 (48,300). Semiconductor shortages and supply chain issues continue to impact manufacturers across the automotive industry, including SOA. SUBARU OF AMERI ... Continue reading
Used Car Dealer Vroom Reports Full Year 2021 Growth, Sold More Lost More
Mar 1, 2022
NEW YORK--Vroom, Inc. , a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. HIGHLIGHTS OF FOURTH QUARTER 2021 21,243 ecommerce units sold, up 93% YoY Ecommerce revenue of $738.7 million, up 159% YoY Ecommerc ... Continue reading
Shopping For A New Vehicle? Selling Prices Still Remain Well Above MSRP - Is This Price Gouging?
Mar 1, 2022
IRVINE, Calif., Feb. 9, 2022 -- New-vehicle average transaction prices (ATPs) decreased to $46,404 in January 2022, according to new data released today by Kelley Blue Book, after reaching a record high in December 2021. ... Continue reading
Auto Pacific Electric Vehicle Forecast
Feb 27, 2022
AutoPacific just issued its forecast of fully electric light vehicle sales in the U.S. of around 700,000 units in 2022 with strong annual increases throughout the 6-year forecast period. Our forecast comes as consumer demand for EVs is also at its highest yet, having spiked significantly in the past two years. ... Continue reading
EV Propagandist's Now Include Hybrid Vehicles As 'Electrified" To Overstate BEV Adoption Fairy-tale
Feb 26, 2022
Manufacturers continue to adopt a wide array of advanced technologies Innovation in the automobile industry has led to a wide array of technology available to manufacturers to achieve CO2 emissions, fuel economy, and performance goals. Figure ES-5 illustrates manufacturer-specific technology adoption for model year 202 ... Continue reading
California First U.S. State to Hit 1 Million EVs Sold Since 2010
Feb 25, 2022
SACRAMENTO - California surpassed 1 million electric vehicles (EVs) sold through the 4th quarter of 2021. ... Continue reading
BYD Hits the Australian Passenger Vehicle Market With $34K (US) ATTO 3 EV +VIDEO
Feb 25, 2022
Shenzhen, China, Feb. 24, 2022 (GLOBE NEWSWIRE) -- On February 19th, BYD Yuan Plus (named ATTO 3 in Australia), the first A-class SUV built upon BYD’s e-platform 3.0, was jointly launched in China and Australia and began pre-sales in Australia. ... Continue reading
Philadelphia Auto Show Returns
Feb 25, 2022
The Auto Dealers Association of Greater Philadelphia, owner and producer of the Philadelphia Auto Show, announces details on its 2022 event, which is set to return to the PA Convention Center from March 5-13. ... Continue reading
Feb 25, 2022
TROY, Mich.--J.D. Power: The Retail Sales Forecast New-vehicle retail sales for February 2022 are expected to decline when compared with February 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 922,100 units, a 5.7% decrease compared ... Continue reading
Tesla Premium Connectivity Is Now Live
Feb 24, 2022
Tesla's premium connectivity services are now live, according to a thread on Reddit. There are a number of services that come with the premium connectivity, the cost is about $9.99 per month, or $99 if you pay upfront for a year. ... Continue reading
LIQUI MOLY CEO Ernst Prost says goodbye by giving each employeee 2222 Euros
Feb 24, 2022
February 2022 Simply retiring quietly would not be in keeping with the style of this lubricant specialist's Managing Director. On his last day at work, 22 February 2022, he gave each of his 1000 colleagues a gift. ... Continue reading
Hot Topics with CAR’s President and CEO, Carla Bailo (2/18/2022)
Feb 22, 2022
On a bi-weekly basis, CAR welcomes our audience to decompress with our President and CEO, Carla Bailo, as she covers and shares her thoughts on the latest Hot Topics happening in the automotive industry. While the biweekly newsletter primarily covers four topics, this feature story previews two of the topics covered on ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
