What Pandemic? Hyundai Reports U.S. Sales Gain in July

If you’re like this writer, you pine for the long-ago days when walking into a bar only carried the risk of embarrassing inebriation and possibly violent confrontation, not a viral infection that could leave any of us on gasping on life support. We all wish things were normal.

While the coronavirus hasn’t cleared out, you wouldn’t know that looking at Hyundai’s U.S. sales tally for July. The automaker raised eyebrows and bucked the industry trend by posting a year-over year gain last month.

Read more
The Mazda Bump: What a Difference a '0' Makes

June auto sales in the hard-hit U.S. new vehicle market were nowhere near normal for this time of the year, down an estimated 25 percent below levels seen last June. An improvement from May, yes, but far from a return to normal.

Unless, of course, you’re Mazda.

The pandemic-era trend we detailed not long ago continued in June for the scrappy little automaker, with an unlikely product proving unusually popular and a much newer product doing exactly what its creators intended.

Read more
Still Some Love for Internal Combustion in Italy

Nations like Germany might treat internal combustion engines like a shirtless man lighting up a Marlboro in a neonatal intensive care unit, but some countries still feel that they have a place in the automotive landscape. Italy even plans to put public dollars behind their purchase.

When economies and industries are suffering, governments can sometimes do the unthinkable.

Read more
SUV Plant to Remain Open After GM Rebuffs UAW Request

If you’ve visited an airport recently, you probably heard on CNN that cases of COVID-19 are on the rise in jurisdictions that largely escaped the earlier wave. Against this backdrop, General Motors came under pressure this week to cease operations at its Arlington, Texas assembly plant.

Home to four full-size SUV models currently undergoing a generational metamorphosis, the plant lies in a state experiencing an upswing in infections. It’s also a key player in GM’s post-lockdown recovery. The automaker says it’ll stay open.

Read more
Quick Sales Rebound? Forget It, Says Bank of America

U.S. auto sales were already heading into a long-predicted cooling-off period when that spiky little virus arrived, throwing economies into disarray. As a result of the coronavirus’ impact on world markets, including that of the U.S., a return to the kinds of volume the industry enjoyed over the past few years won’t take place overnight.

According to a new Bank of America study, good times won’t really return until the middle of the decade — and even then, not to levels seen last year.

Read more
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped, emphasis mine] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
  • Zelgadis Elantra NLine in Lava Orange. I will never buy a dirty dishwater car again. I need color in my life.
  • Slavuta CX5 hands down. Only trunk space, where RAV4 is better.
  • Kwik_Shift_Pro4X Oof 😣 for Tesla.https://www.naturalnews.com/2024-05-03-nhtsa-probes-tesla-recall-over-autopilot-concerns.html