Category: Industry

By on July 15, 2016

Nissan Versa

Through the first-half of 2016, passenger car sales volume is down 8 percent in the United States.

It’s not quite that bad in the subcompact car category, but sharp declines from the Chevrolet Sonic, Ford Fiesta, Honda Fit, Toyota Prius C, Toyota Yaris, plus the disappearance of the Mazda2 pushed subcompact car volume down 6 percent.

Yet U.S. sales of the Nissan Versa are on the rise.

Not only are Nissan Versa sales on the rise, the Versa is consistently America’s top-selling subcompact car.

Not only are Versa sales rising now, Versa sales have been on the rise for the last seven years. Read More >

By on July 14, 2016

Location Front Quarter Volvo S90 Mussel Blue

There are upsides to autonomous driving, but Volvo drivers are still made of flesh, with blood pumping though their veins.

Unlike that hazy group of people who lose their minds with excitement at the thought of always being a passenger in their own car, the Swedish automaker isn’t about to take away the act of driving from its customers. Read More >

By on July 14, 2016

Chevrolet Cobalt Sedan

General Motors had hoped to put the issue behind it, but a judge’s ruling just opened the automaker up to billions in damages over its faulty ignition switch scandal.

Yesterday, the U.S. Appeals Court of Manhattan ruled that lawsuits filed against the automaker for accidents that happened before the company’s 2009 bankruptcy sale were still valid. The decision overruled an earlier court decision that protected GM from such suits. Read More >

By on July 14, 2016

GM

General Motors executives are breathing a sigh of relief after the automaker reached a deal with a supplier that threatened to shut down GM’s entire U.S. assembly operation.

The automaker hammered out an agreement with the bankrupt Clark-Cutler-McDermott Company, a supplier of trim and acoustic insulation that GM had been propping up financially since March, the Wall Street Journal reports. Read More >

By on July 14, 2016

2005 Nissan Frontier & 2016 Nissan Frontier

The recent introduction of a thoroughly re-engineered Toyota Tacoma is propelling sales of the segment’s top seller to all-time highs. After an elongated hiatus, there are new options from General Motors, and they’re selling more frequently than GM anticipated. Just last month, Honda began selling an all new, second-generation Ridgeline, a pickup at the opposite end of the spectrum from the rough and tumble Frontier. That Ridgeline, we told you yesterday, is selling like it’s 2008.

Moreover, demand for small/midsize pickup trucks is roughly 30-percent smaller than it was a decade ago.

At Nissan, there are plenty of factors, internal and external, working against the Frontier. The current-generation pickup is more than a decade old. Yet Nissan USA is on track to sell more Frontiers in 2016 than at any point since the current truck debuted on the Titan’s F-Alpha platform in January 2004 at Detroit’s North American International Auto Show. Read More >

By on July 13, 2016

General Motors #AMERICA

GM is facing off with a key parts supplier in bankruptcy court today, but the drama between it and the Clark-Cutler-McDermott Company started at the same time the automaker handed the company a nice award.

The Massachusetts-based CCM axed its workforce on July 8 and declared chapter 11 bankruptcy, leaving the automaker without the insulation and trim parts needed to build most of its vehicles. A continued disruption in the supply chain would be a massive blow to the automaker, forcing it to shut down assembly plants throughout North America.

Court documents show that at the same time GM was handing CCM a “Supplier of the Year” award at Detroit’s Cobo Center on March 10, CCM had already told GM it had defaulted on a loan and was looking for a handout in order to stay afloat. Read More >

By on July 13, 2016

2017 Honda Ridgeline

American Honda reported 2,472 sales of its all-new, second-generation Ridgeline pickup in June 2016, the truck’s first month of rather limited availability.

June was the Ridgeline’s first four-digit sales month since August 2014, the Ridgeline’s first month above the 2,000-unit mark since October 2008, and the best Ridgeline sales month since August 2008.

In fact, if American Honda simply maintained the June 2016 sales pace for the rest of the year, total 2016 calendar year Ridgeline sales would essentially match 2013’s total for an eight-year high in U.S. Ridgeline sales.

Indeed, on an annualized rate, based simply on the Ridgeline’s first month back from a long hiatus, Honda is already selling more Ridgelines than at any point since 2008. Read More >

By on July 13, 2016

2016 GMC Sierra with eAssist, Image: General Motors

A Massachusetts-based parts supplier you’ve probably never heard of could force General Motors’ entire North American operation to grind to a halt.

Clark-Cutler-McDermott Co. stopped making acoustic insulation and trim pieces for GM vehicles on Friday after declaring Chapter 11 bankruptcy, a situation it blames on money-losing contracts signed with the automaker, a source told The Detroit NewsRead More >

By on July 12, 2016

2014 Jeep Patriot, Image: FCA

Compact SUV headlights have a long way to go if they want a passing grade from the Insurance Institute for Highway Safety.

The organization now rates headlight performance, and ] small SUVs are the latest crop of vehicles to undergo testing. The study results aren’t dazzling.

Out of 21 vehicles and 47 headlight options, no small SUV received a “good” rating from the IIHS, and two-thirds garnered a “poor” rating. Only four vehicles — the 2017 Ford Escape, Honda CR-V, Hyundai Tucson and Mazda CX-3 — earned a rating of “acceptable.” Read More >

By on July 12, 2016

2017 Cadillac XT5

Cadillac detailed the sources of its so-called global sales surge in June 2016 in a press release yesterday. In so doing, Cadillac called attention to its first-half global sales decline and the global rarity of the wreathless crest.

#Global

Cadillac has reason to pursue (and then tout the results of its) increased global strength (or diminished global weakness). In the United States, Cadillac isn’t doing enough. The three top-selling Cadillac rivals — BMW, Mercedes-Benz, and Lexus — generate more U.S. sales than Cadillac does around the world. Globally. Everywhere.

Roughly 13,000 monthly sales in Cadillac’s historic North American market is a figure simply insufficient to secure a bright future for General Motors’ premium brand. Thus, Cadillac now intends to be a global luxury brand, and is in fact making inroads leading toward that goal.  Read More >

By on July 11, 2016

2017 Ford Fusion Sport

Even with an all-time first-half U.S. sales record, Ford’s SUVs and crossovers huge year-over-year gains weren’t enough to counteract the significant losses in Ford’s car lineup.

And that’s where the Ford F-Series steps in.

Overall Ford Motor Company sales rose 4.4 percent in the first half of 2016. At the Ford brand, specifically, every passenger car nameplate produced fewer sales than during the same period in 2015. Read More >

By on July 8, 2016

2016 Chevrolet Camaro

After TTAC delved into the details of the sixth-generation Chevrolet Camaro’s gradual decline last month, General Motors reported the worst sales month for the Camaro since November 2014.

June 2016 sales of the Chevrolet Camaro fell to a 19-month low. With only 4,969 sales — a huge number by the standards of most sporting cars but a 40-percent drop compared with the Camaro’s five-year June average — U.S. Camaro volume fell below 5,000 units for just the second time in the last 18 months.

Newly launched this past winter, the latest Camaro’s sales have fallen well below the totals achieved by the six-year-old fifth-gen Camaro in its final — and worst — year on the market. In the first-half of 2015, GM reported 42,593 U.S. sales of the Camaro, a 9-percent year-over-year drop. Yet one year later, the new Camaro is down 14 percent to 36,834 units, a drop of 5,759 sales. Read More >

By on July 8, 2016

Flint Silverado assembly plant

“Has GM lost market share? Yes.”
Alan Batey, President, GM North America,
Wall Street Journal, July 6, 2016

From 17.7 percent in the first-half of 2015, General Motors’ U.S. market share tumbled by more than a point to 16.6 percent in the first-half of 2016.

But, GM’s North American president points out in a Wall Street Journal opinion piece, profitability is on the rise.

TrueCar estimates that, as a percentage of the average transaction price, GM’s incentive spend in June 2016 fell by half-a-percentage point to 10.9 percent, year-over-year. As for the average transaction price, TrueCar says GM’s rose 6.5 percent in June 2016 to $36,489. That is 9.4-percent higher than Fiat Chrysler Automobile’s June 2016 ATP, which also required greater incentives to achieve according to TrueCar. Meanwhile, Batey wrote in The Journal that GM has “reduced low-margin sales to daily rental companies in the U.S. by 88,500 units.”

This explains the marriage of two conflicting subjects: GM’s decreased volume in a growing market and GM’s corresponding increase in profitability. Read More >

By on July 7, 2016

Car exhaust (Image: JT/Flickr)

Halfway through its mandate to have 15.4 percent of the state’s vehicles generate zero emissions by 2025, the California Air Resources Board (CARB) is now considering changing its requirements.

The problem is too many credits handed out to green car manufacturers, who then sell them to dirtier automakers to bolster their standing with CARB, Bloomberg reports. Read More >

By on July 7, 2016

GM-NASA Space Robot ‘Power’ Glove Finds New Life on Earth

Not too long ago, engineers from General Motors and NASA stood around a glove, thinking, we can rebuilt this — better, stronger, more dexterous than before.

Well, they did, and now RoboGlove — a term that conjures up images of a vaguely 1980s dystopian future — will soon get its manufacturing debut at the end of select GM workers’ arms. Read More >

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