Category: News Blog

By on May 4, 2021

With rental companies coming off a particularly lean 2020, fleet downsizing turned out to be a necessity for many agencies. Unfortunately, demand for rental vehicles has begun to return and some markets have found themselves operating with an insufficient number of cars. The upside to this is the ability to charge exorbitant fees for models nobody wanted to rent in the first place. But businesses can’t cash in on vehicles that didn’t get rented, leaving agencies desperate for new product that’s been backlogged by the auto industry’s semiconductor shortage.

The solution is a novel one, at least for rental companies. Rather than gamble the business on whether or not supply chains normalize before summer, they’ve been prowling auctions and hoovering up used cars in record numbers.  Read More >

By on May 4, 2021

Polaris

Polaris today affirmed the appointments of a new CEO and CFO, both of whom had been serving in interim roles since January. The manufacturer of motorcycles, off-road vehicles, and boats named Michael Speetzen as CEO, and Bob Mack as CFO.

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By on May 4, 2021

Chicago Auto Show

The 2020 Chicago Auto Show was, as far this author knows, the last major auto show to take place before COVID shut the world down.

Now, it might be the first auto show to return.

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By on May 3, 2021

As if you needed more doom and gloom to kick off this week, the National Tank Truck Carriers (NTTC) lobby has confessed that its fleet will go into the next few months operating well below capacity. That means there’s a very good chance that some parts of the country could see gas shortages over the summer. While we’re praying that this doesn’t come with with the deluge of less-than-desirable automobiles that followed the infamous 1973 oil crisis, a similar spike in fuel price is likely as gasoline becomes sporadically difficult to find.

With the United States technically still energy independent, the culprit is not a foreign oil embargo but our own inability to plan ahead. North America was already operating with a deficit of qualified tanker drivers ahead of the pandemic. Lockdowns suppressed demand as everyone was forced to remain immobile, suppressing demand that ultimately encouraged widespread layoffs and early retirement. Now there aren’t enough drivers as demand stabilizes.  Read More >

By on May 3, 2021

Today’s Rare Ride started out as a beautiful Chevrolet Camaro convertible and was transformed into a Pontiac Hurst Trans Am by an enthusiastic owner. We’ll let you be the judge on how successful the operation was.

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By on May 3, 2021

Zegna

Today, the Ermenegildo Zegna Group announced its affiliation with Stellantis. By 2025, the Zegna Group’s entire fleet of 200 will go green. A new green-car policy has gone into effect at the company, well known for its pricy clothing and accessories.

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By on May 3, 2021

The global shortage of semiconductor chips has really done a number on the industry and it’s just one of several major supplier issues created by our response to the pandemic. Years from now, people will look back and use the benefit of hindsight to come up with the perfect solution to a problem that has since evaporated. But all we can manage in the present is an up-to-date tally on how much product is being lost and wait for better news.

AutoForecast Solutions (AFS) has been keeping tabs on the situation and recently updated its numbers through the week of April 30th. Production schedules in North America are now reportedly 121,000 vehicles shy of where they’re supposed to be. Though we need to pull back and take a gander at what the whole industry was facing ahead of the latest figures to have a more complete understanding of this particularly dire automotive quagmire.  Read More >

By on May 3, 2021

If you want to buy a Ford, you might have to hurry.

The microchip shortage could leave at least some Ford dealers short on inventory until perhaps August, according to Automotive News.

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By on May 3, 2021

Can the Toyota Tundra go toe-to-toe with the Ford F-150, and does it make sense to try? The F-150 is the most popular vehicle in the U.S., despite a 12 percent drop in sales. Ford still managed to sell 787, 422 F-150s in 2020. Toyota sold a little over 109,000 Tundras in 2020, down two percent from 2019. While that sounds like the Tundra did well, it only outran the Nissan Titan.

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By on April 30, 2021

Stellantis appears interested in testing America’s appetite for extremely small and highly European EVs. The formerly PSA-owned rental company Free2Move recently posted the silhouette of the Citroën Ami accompanied by text hinting that the vehicle would be imported for use in Washington, D.C.

Launched in 1961, the Ami (French for “friend”) started life as a petite four-door, front-wheel-drive economy car that came in numerous body styles. While it has the honor of being one of the first vehicles in history to adopt rectangular headlamps was, and widely known as the “premium” alternative to the triumph of minimalism that was the Citroën 2CV, it was by no means a swift or lavish automobile. Its ability to reach 60 mph was highly dependent upon the incline of the road and how much cargo it was hauling.  Read More >

By on April 30, 2021

In Part I of the D2 Audi S8 story, we covered the foundations of the A8 as Audi attempted a do-over after the V8 Quattro. Today we’re all about S8.

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By on April 30, 2021

vehicle miles traveled VMT

In March, vehicle miles traveled (VMT) rebounded to pre-pandemic levels. According to the Auto Care Association, this was the first month since August 2019 that VMT topped 300 million miles. To give you some perspective, the distance between the earth and the moon is only 238,856 miles, according to Wikipedia.

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By on April 30, 2021

General Motors has decided its fifth electric vehicle facility should be in Mexico and has set aside $1 billion for its complex in Ramos Arizpe, Coahuila, Mexico. While a portion of the funds will go toward a new paint shop, the manufacturer also said the money would be used to prepare the site for EV and battery production, angering the United Auto Workers (UAW).

“This is a slap in the face for not only UAW members and their families,” stated UAW Vice President Terry Dittes. “General Motors automobiles made in Mexico are sold in the United States and should be made right here, employing American workers.” Read More >

By on April 30, 2021

We began April talking about Volkswagen’s April Fool’s Day prank that went awry, and we end the month back on the same topic. Circle of life!

We’re back on that topic because the Securities and Exchange Commission is investigating what happened.

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By on April 30, 2021

color

Color counts when selling or buying a car. But which colors help or hurt? iSeeCars.com, a car search engine, performed exhaustive research on this topic, recently publishing the results.

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