While a slight uptick in unemployment numbers came as a welcome surprise, there’s little agreement as to what happens next…
Tag: Trends
KPI — June: The State of Business — Automotive Industry
While automakers are faced with complex challenges, the aftermarket has proved nimble…
KPI — June: New and Used Vehicle Sales
Recent weekly trends are showing that new and used car sales are on the rise…
KPI — June: Recent Vehicle Recalls
A roundup of recent manufacturer safety recalls…
KPI — June: State of the Economy
A summer rebound will likely slow as consumer spending struggles to return to the levels seen in 2019…
KPI — June: State of the Manufacturing Sector
May appears to be a transition month as contraction of the manufacturing sector slowed…
KPI — June: Voice of Consumers
Consumer sentiment remains mixed amid heightened uncertainty about the months ahead…
Electrify America Completes First of Two Electric Vehicle Fast Charging Cross-Country Routes
Electrify America today announced the completion of its first cross-country route, which allows electric vehicle (EV) drivers to travel from coast to coast using the largest open DC fast-charging network in the United States. It is the first of two cross-country routes the network will complete this year, and spans 11 states and over 2,700… Continue reading Electrify America Completes First of Two Electric Vehicle Fast Charging Cross-Country Routes
Ford Ranger Tops American-Made Rankings
Cars.com has released its 2020 American-Made Index (AMI). Now in its 15th year, the AMI is an independent annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The No. 1 most American-made vehicle for 2020 is… Continue reading Ford Ranger Tops American-Made Rankings
Studies Show Global Electric Vehicle Market Could Exceed $800 Billion by 2027
Although recent report total revenue numbers may differ in the global electric vehicle market, new studies from Statista and Allied Market Research say the future is very optimistic and project a significant rise in revenues in the next several years. The report from Statista projected that between 2019 and 2026, the size of the global… Continue reading Studies Show Global Electric Vehicle Market Could Exceed $800 Billion by 2027
International Leather Maker Hosting Automotive Interior Webinar
International Leather Maker is hosting a free webinar that will explore new trends in automotive interiors on June 18 at 9 a.m. ET. Presented by Lucia Battistin, a business developer with Gruppo Dani, the webinar will focus on new trends in terms of style, technology and sustainability parameters, and introduce the tannery’s latest auto leather… Continue reading International Leather Maker Hosting Automotive Interior Webinar
McPherson College Offering Webinar Series on Automotive Industry Evolution
McPherson College has announced the launch of a webinar series called “Wheels of Change: How the Car Automobile Shaped Our Lives.” This six-week summer series focuses on the people, innovations and the art that helped shape the automotive industry and will feature car-world insiders from around the country. The first webinar will be held on… Continue reading McPherson College Offering Webinar Series on Automotive Industry Evolution
Are Consumers Placing More Importance on Car Interiors?
Asahi Kasei Europe, a textile manufacturer, conducted a representative survey together with Cologne-based market research institute SKOPOS, interviewing a total of 1,200 car users in Europe regarding their preferences relative to mobility and to the future automotive interior. A key result of the survey shows: When buying the next car, 18.3% of all respondents will… Continue reading Are Consumers Placing More Importance on Car Interiors?
U.S. Aftermarket Forecasted to Decline in 2020, Rebound in 2021
Total U.S. automotive aftermarket sales are forecast to decrease 8.8 percent in 2020 as a result of the impact of the COVID-19 pandemic and related factors, according to the “2020 Joint Channel Forecast Model” produced jointly by the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA). The 2020 Joint Channel Forecast Model also… Continue reading U.S. Aftermarket Forecasted to Decline in 2020, Rebound in 2021
Turn 14 Distribution Releases Plan to Combat Industry Backorders
Turn 14 Distribution has released its plan to secure increased on-hand inventory prior to its recent acquisition of Motovicity Distribution and remedy inventory shortages from several manufacturing partners as a result of the COVID-19 pandemic. “In anticipation of our acquisition of Motovicity Distribution, we prepared for this by bolstering our already substantial on-hand inventory to… Continue reading Turn 14 Distribution Releases Plan to Combat Industry Backorders