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An example of a few headlines sent to our customers on Feb, 15 2022
Automobile Industry

powered by Industry Intelligence, Inc.

February 15, 2022

Industry Roundup

Electric & Hybrid Vehicles

Autotrader names best new cars for 2022 including 2022 Acura MDX, 2022 Ford F-150 Lightning, Ford Maverick, Genesis GV70, Honda Civic, Hyundai Ioniq 5, Jeep Grand Cherokee, Kia Carnival, Mercedes-AMG EQS, Nissan Frontier, Rivian R1T truck, VW Golf GTI
Autotrader (02/14)

Mercedes-Benz next-generation eSprinter vans pass winter testing, with production starting in 2023 in Charleston, South Carolina, and Duesseldorf, Ludwigsfelde in Germany; new vans offer three battery versions with up to twice the range of current model
Mercedes-Benz AG (02/14)

Light Vehicles

Hyundai Santa Fe named most dependable midsize SUV, Sonata most dependable midsize car, in J.D. Power dependability study of problems experienced in past 12 months in three-year-old models; Hyundai finished third among all brands, moving from fourth place
Hyundai Motor Co. (02/14)

Toyota reports parts shortages continue to halt production at three Ontario plants, with disruptions to continue this week; Toyota plants in West Virginia, Kentucky, Alabama impacted on Monday but GM, Ford reporting plants operating normally
Reuters (02/14)

Sport Utility Vehicles (SUVs)

Alfa Romeo unveils new 2023 Tonale AWD SUV with plug-in hybrid or gasoline powertrains in three trim levels available Q1 2023; hybrid has 30-mile electric range and gasoline version has stop-start technology to meet SULEV 30 low emissions standards
Stellantis NV (02/11)

Hyundai and Kia recall 485,000 US vehicles to fix fire issue in anti-lock brake control module; recall includes 357,830 Hyundai Santa Fe, Tucson SUVs and 126,747 Kia K900 sedans, Sportage SUVs, with customers asked to park vehicles outside
Yonhap News Agency (02/11)

Heavy Trucks/Commercial Vehicles

US Xpress, Aurora partner to explore long-term impact of autonomous truck technology on labor market; Aurora plans to leverage intelligence of Variant, US Xpress’s digitally enabled fleet, to identify where autonomous technology can have greatest impact
Business Wire (02/14)

ClearFlame Engine Technologies completes first on-road demonstration of a Class 8 truck driving on 100% plant-based fuel using its proprietary tech; company says ClearFlame-enabled engine makes truck less carbon intensive than a comparable electric truck
PR Newswire (02/11)

All-Terrain Vehicles (ATVs)

Honda upgrades 2022 CB500X, CB500F, CBR500R half-liter adventure, naked, sport motorcycles for US market with suspension, braking, handling improvements; CB1000R ABS naked, CBR300R sport street motorcycles, TRX250X sport ATV also return in 2022
Honda Motor Co. Ltd. (02/09)

Pickup Trucks

Ram Truck launches second phase of ‘Built to Serve” first responder-inspired Ram 1500 pickup models this spring; first model honors firefighters, with police-, emergency medical service provider-inspired models coming, with MSPR US$46,625
Stellantis NV (02/14)

Ram announces Ram Revolution program with online hub, talking tour, to engage consumers, get feedback as Ram develops new Ram 1500 EV pickup for 2024 rollout; Ram to offer EVs in majority of its segments by 2025 and EVs in all segments by 2030
Stellantis NV (02/11)

Automotive Care

NPD: DIY boom, road-tripping show no signs of slowing down while surging new car prices motivate owners to maintain old cars; however, 2022 aftermarket sales to face headwinds due to expected smaller income tax refunds, government stimulus funds drying up
Aftermarket News (AMN) (02/14)

Valvoline begins pilot program to service EVs at select retail stores to extend auto maintenance to EV owners, OEMs, fleets; services include many already offered at retail locations, but with EV focus, with additional services beginning in summer
Valvoline LLC (02/11)

Automotive Use

Petrochemical demand from European automotive industry shows some signs of improving in Q1 2022, though recovery will likely be dependent on revived supply of microchips; automotive sector consumes nearly 20% of petrochemicals made in Europe: ICIS
ICIS Chemical Business (CBNB Abstracts) (02/11)

Europe PMMA activity sluggish amid poor demand, high upstream costs that challenge margins for manufacturers; decline in automotive production due to semiconductor scarcity has reduced PMMA demand: ICIS
ICIS Chemical Business (CBNB Abstracts) (02/10)

Auto Parts & Accessories

Motorcar Parts of America's fiscal Q3 net sales up 32% year-over-year to US$161.8M while gross profit of US$32.6M, 20.1% of net sales, rises from US$24.2M; company credits strong demand, product line expansion for improvement
Edgar Glimpses (02/14)

AAM announces multiple next-generation full-size front, rear axle programs from global OEMs worth more than US$10B from mid-decade to beyond 2030; programs to support AAM’s pivot to electrification
American Axle & Manufacturing Holdings (AAM) (02/14)

Tires

Goodyear reports net income of US$553M, up from US$63M in 2020, with net sales up 38% to US$5.05B, recording highest Q4 revenue in nearly 10 years; tire volumes up 29% to 48.6 million, replacement tires up 39% due to Cooper Tire merger, market share gains
The Goodyear Tire & Rubber Co. (02/14)

Bridgestone names Ebonee Davis Ifeobu as VP of Diversity, Equity and Inclusion to lead new DE&I Center of Excellence; Davis Ifeobu to cultivate more diverse, inclusive workplace, workforce and marketplace and launch new DE&I annual report
Bridgestone Americas Inc. (02/11)

Batteries

Germany's Max Planck Institute of Colloids and Interfaces launches research to create battery electrolytes using bio-sourced, abundant and low-cost materials such as cellulose, chitosan, agarose and alginate
Pivotal Sources (02/14)

Wedbush estimates auto industry to invest US$500B in next five years to transition to EVs, says money will be spent to refit/build factories, train workers, write software, more; companies are planning over a dozen new EV and battery factories just in US
International New York Times (02/11)

Car Dealers

Cars.com acquires Accu-Trade assets for US$65M, including real-time, VIN-specific appraisal and valuation data, instant guaranteed offer capabilities, logistics technology; Cars.com to launch sell-it-yourself option for private-party car sellers
Cars.com LLC (02/10)

Ford, GM warn dealers could get fewer units for inflating car prices, with about 10% of Ford dealers charging more than MSPR last year; about 80% of US cars sold for more than MSRP in January, up from 0.2% in 2019, with prices US$6,000 higher than 2020
Quartz (02/10)

Autonomous Transportation Technology

TuSimple's Q4 net loss widens year-over-year to US$115.5M from US$34.6M; revenue up 178% to US$2.1M from US$737,000 due to investments in new trucks, hiring drivers and increasing commercial utilization of fleet and partner fleets
PR Newswire (02/10)

Knight-Swift to become Embark's first US carrier to directly own, maintain an Embark-equipped truck by end of 2022 through new Truck Transfer Program; move to collect driver feedback, perform network and tech assessments, hone truck supply and maintenance
GlobeNewswire (02/10)

Driverless Vehicles

A.Celli Paper supplies E-Wind P100 rewinders, R-Way automated material handling, packaging system to Sonoco's uncoated recovered paperboard mill in Hartsville, South Carolina; order will reduce labor, increase workplace safety, reduce product/site damage
A.Celli Paper SPA (02/14)

Electric Vehicle Charging

EV charging company Tritium announces new modular DC fast charger manufacturing facility in Lebanon, Tennessee; facility to make 10,000 chargers per year, 30,000 at peak, on six production lines and employ 500 people starting this year
Targeted News Service (02/10)

Ford Pro plans to sell 150,000 EV E-Transit vans annually starting in 2023, generate US$45B by 2025; US annual demand for business vans is about 330,000 vans, with last-mile delivery vehicles like UPS and Amazon vans accounting for 10% of Transit sales
Florida Times-Union (02/08)

Ride-Sharing/Mobility Services

Uber swings to Q4 net income of US$892M from net loss of US$968M last year; revenue up 83% to US$5.78B from US$3.17B, with increases in Mobility by 55%, Delivery by 78% and Freight by 245%, which includes revenue from November acquisition of Transplace
Uber Technologies Inc. (02/09)

Automotive & Driving

Toyota invests US$73M in Buffalo, West Virginia, plant to increase production of hybrid transaxles to 600,000 units/year and 120,000 rear motor stators/year; Jackson, Tennessee, facility gets US$17M to cast 1.3 million hybrid transaxle cases annually
Toyota Motor Corp. (02/14)

IHS Markit: Estimated loss to auto industry from last week's Ambassador Bridge blockade in Ontario, Canada, could be as high as US$850M; in 2021, about US$141.1M worth of vehicles and parts were shipped across the bridge
FRANCE 24 (02/14)

Auto parts distributor Auto-Wares develops Android-based app to track 5,000 daily aftermarket parts deliveries to 36,000 Midwest accounts; app ensures accurate deliveries, tracks delivery speed, improves efficiency, ties into Auto-Wares back-end system
Afternmarket News (02/14)

Auto Parts & Accessories

American Axle & Manufacturing swings to Q4 net loss of -US$46.3M from net income of US$36.0M in 2020 on net sales of US$1.24B, down from US$1.44B in 2020; Q4 sales impacted by semiconductor shortage by about US$137M
American Axle & Manufacturing Holdings (AAM) (02/14)

NPD forecasts US automotive aftermarket retail sales to fall 5.7% year-over-year in 2022, but notes that's 8.5% higher than in 2019; fundamentals are 'very strong,' but expected to settle in just below where they were in 2021, which may have been the peak
Aftermarket News (02/11)

Valvoline reports Q1 net income flat at US$87M, equaling US$87M from Q1 2020, with sales of US$858M, up 31% from US$653M in 2020; demand remains robust, with 36% increase in retail sales, 28% increase in global products sales
Valvoline LLC (02/11)

Automobiles & Components group

Mazda, Toyota JV Mazda Toyota Manufacturing in Limestone County, Alabama, reports parts shortages due to Canadian trucker protests not affecting production or employment; company says facility is building vehicles daily
Decatur Daily (02/14)

Highland Ridge RV recalls certain 2022 Avalon, Olympia, Olympia Sport RVs to fix metallic electrical box grounding issue; owner notifications begin April 4, with dealers handling repairs free of charge
Contify Automotive News ( (02/14)

Stellantis recalls 19,808 2017-2018 Chrysler Pacifica plug-in hybrid minivans in US, Canada, outside North America, for fire risk; owners told not to recharge vans, park away from structures, other vehicles, with company sending notification this month
Stellantis NV (02/14)

Batteries

Ad Age names EVs among marketing winners of the week, says EVs may finally be hitting the mainstream; that's the hope of automakers, which are pouring billions of dollars into developing them, making battery-powered cars the centerpiece of Super Bowl ads
Ad Age (02/11)

Electric & Hybrid Vehicles

BMW announces 60-second Super Bowl ad featuring new BMW iX sports activity vehicle, with Arnold Schwarzenegger and Salma Hayek Pinault as Greek gods Zeus, Hera living in retirement; BMW iX, four-door i4 Gran Coupe EVs to launch in US next month
BMW AG (02/11)

Tesla recalls 27,000 US cars to fix heating issue that may not defrost windshields fast enough in weather 14 degrees Fahrenheit or colder, marking fourteenth Tesla recall since January 2021; Tesla to issue online software update to fix problem
Associated Press (02/11)

Tesla recalls 579,000 US cars to fix ‘Boombox’ sound-playing feature that may obscure audible pedestrian warnings in violation of NHTSA safety standards; recall includes certain 2020-2022 Tesla Model X, S, Y cars and 2017-2022 Model 3 cars
Associated Press (02/11)

Heavy Trucks/Commercial Vehicles

Cummins acquires engine braking, cylinder deactivation company Jacobs Vehicle Systems; deal to close this calendar year, will secure critical USMCA-qualified engine components for aftermarket products and help Cummins meet future emissions regulations
Cummins Inc. (02/10)

Light Vehicles

Nexen supplies new VW seventh-generation Jetta with award-winning N'FERA AU7 all-season, high-performance tires in sizes 205/60R16 92H, 205/55R17 91H; Nexen currently supplies OE tires for VW Polo and T-Roc
Contify Automotive News (02/11)

Car and Driver names nine Audi models to its 2022 Editors’ Choice list and praises Audi for innovative technology, unique designs; models include Audi A3, S3, A5 Sportback, RS7, A6, A7, A8, A6 allroad, and RS6 Avant
Audi AG (02/10)

VW's all-new Mk8 Golf GTI named to Autotrader's Best New Cars for 2022 list, which includes 12 vehicles that offer significant value or are groundbreaking in some way; honor represents Mk8 Golf GTI's fourth major award
Volkswagen AG (02/10)

Pickup Trucks

January used vehicle values up 0.04% from December, up 45% year-over-year, but used vehicle sales fall 0.8% from a year ago; van prices up nearly 60% year-over-year, compact cars up 52%, while pickups, luxury cars lag: Cox Automotive
RV Business (02/09)

Sport Utility Vehicles (SUVs)

Jeep debuts new 2022 Grand Cherokee L Limited Black Package at Chicago Auto Show Feb. 12-21; features include 20-inch gloss black aluminum wheels, accents, badging, roof rails, seven-slot grille and add US$1,695 to MSRP
Stellantis NV (02/11)

Kia announces 2023 Sportage PHEV plug-in hybrid with 1.6-liter, 177-hp turbocharged four-cylinder engine, 66.9-kW electric motor, 13.8 kWh lithium polymer battery; SUV has 32-mile all-electric range and comes in two trim levels with sales starting Q3 2022
Kia Motors Corp. (02/10)

Jeep rolls-out special edition Wrangler High Tide, Wrangler Jeep Beach SUVs in five colors, including new High Velocity yellow, for Jeep Beach Week from Apr. 24 to May 1 in Daytona Beach, Florida; High Velocity yellow available across Wrangler line
Stellantis NV (02/08)

Trucking/Van Delivery

Honda says it will adjust Ohio production 'as needed' while Toyota halts production at three Ontario plants amid truckers' protest on Ambassador Bridge; Toyota Kentucky plant also affected but GM reports regular production at all plants
Hamilton Journal News (02/11)

Honda temporarily suspends one production line in Alliston, Ontario, on Feb. 11 due to trucker blockade at Ambassador Bridge linking Detroit with Windsor, Ontario; Honda US plants scheduled to run today, but company calls situation ‘fluid’
Canadian Press DataFile (02/11)

Canadian trucker protest stalls auto part shipments across Ambassador Bridge from Windsor, Ontario, to Detroit, with potential for auto industry disruptions; about 8,000 trucks cross bridge daily, accounting for 75% of Canada's auto parts business with US
Marketplace (02/09)

 Logistics

Trucking/Van Delivery

Project44 launches Supply Chain Crisis Tracker to monitor impact of black swan events amid recent geopolitical incidents impacting trucking such as Freedom Convoy trucker protests, emerging conflict between Ukraine and Russia
PR Newswire (02/14)

Bridge connecting US, Canada reopened on Sunday following protests as Canada mandated truckers be fully vaccinated when crossing border or quarantine for two weeks; about 25% of all food, consumer products are shipped across the bridge, US$360M in items
Business Insider (02/14)

On-Demand Local Delivery

Wendy's offering a free Hot Honey Spicy Chicken Sandwich with any DoorDash delivery order of US$15 or more from Feb. 12-20
Chew Boom (02/11)

Uber Eats to offer 50% off all Starbucks orders placed through Uber Eats on Feb. 14 in celebration of Valentine's Day
Chew Boom (02/11)

Highways & Roads

AGC of America responds to proposed bill to suspend the federal gas tax for the remainder of 2022 in response to rising fuel prices, saying move will hurt funds to fix roads and bridges; suspended federal gas tax will likely have no impact for motorists
The Associated General Contractors of America (AGC of America) (02/11)

Logistics/Transportation Infrastructure

DHL Express plans to open regional aircraft ramp and sort facility at Atlanta's Hartsfield-Jackson International Airport in Q3; move to handle direct air service from Asia and Europe and will help divert volume from Cincinnati hub, according to CEO
Flying (02/10)

Continental Express named on Truckload Carriers Assn's 2022 ‘Best Fleets to Drive For’ list; in 2021, company opened two terminals as well as a paid CDL school and rolled out custom app CE-GO to all 500 trucks in fleet, issuing iPads to drivers
The Sidney Daily News (02/09)

 Stock

Latest: Feb, 14 2022

Latest Value Prev Chg YOY Chg
Watchlist
Ford Motor (F) 17.46 17.55 -0.51% 52.49%
General Motors (GM) 48.40 48.83 -0.88% -9.70%
Tesla (TSLA) 875.76 860.00 1.83% 7.31%
SAMPLE REPORT