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USTMA supports California’s proposal to list 6PPD antioxidant, antiozonant used in tires as priority product to review in state’s consumer products green chemistry program; study finds 6PPD tire, road wear particles contribute to Coho salmon mortality

Cox Automotive projects May new-vehicle sales volume to fall 28% from a year ago to 1.14 million units, the lowest level of this year; decrease likely driven by rising interest rates, higher vehicle prices, higher fuel prices, drop in consumer optimism

GlobalData: Mentions of 'emissions' in auto company filings rose 17% in Q2 over Q1, with Toyota, GM and Ford among those discussing emissions; regulatory scrutiny on automakers on emissions has risen, leading to newer regulations and enforcement programs

Goodyear adds two super single sizes to Workhorse MSA tire line, including all-position 425/65R22.5 and 385/65R22.5 tires designed for construction, logging, oil, mining; tires feature steel belt casing, compound designed for mixed service applications

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An example of a few headlines sent to our customers on Apr, 19 2022
Automobile Industry

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April 19, 2022

Industry Roundup

Electric & Hybrid Vehicles

Commentary: Global EV sales in 2021 up 40% year-over-year, and momentum should continue; 2025-2035 may be most transformative period in automobile's history, driven by lower battery costs that allow EVs to reach price parity with internal-combustion cars
Green Car Reports (04/18)

Commentary: 10% US drivers burn 32% of gas used in US light-duty vehicles, consuming more gas than bottom 60% of US drivers combined; Washington state report to study 'superusers' could be catalyst for EV policy, provide answers on how to reach this group
Green Car Reports (04/18)

Light Vehicles

Trucks, SUVs account for 79% of new vehicle purchases in March, up from 52% a decade ago, as average car prices jump 22% since pandemic began two years ago; EV sales up 66% from a year ago, with EV market share at 4%: report
Canadian Press DataFile (04/18)

Toyota recalls 460,000 US vehicles to fix software problem in electronic stability control system; recall involves 2020 to 2022 Venz, Mirai, RAV4 Prime, RAV4 and Sienna Hybrids, Highlander Hybrid, Lexus LS500h, LX600, NX350h, NX450h-plus
Associated Press (04/15)

Sport Utility Vehicles (SUVs)

Subaru integrates global location system what3words into 2023 Outback that allows drivers to navigate to any 10-foot x 10-foot location in the world using three words; worldwide, 80% of motorists use satellite navigation, 87% do not trust it every time
Business Wire (04/15)

Tenneco’s Rancho performance suspension and shocks showcases latest products at RR4W EJS Vendor Show and Expo on April 14-15 during Easter Jeep Safari in Moab, Utah; products include Rancho RS7MT® shock absorber, RS7MT steering stabilizer
Tenneco Inc. (04/13)

Heavy Trucks/Commercial Vehicles

Heavy duty truck, trailer parts, service distributor FleetPride names BorgWarner Supplier of the Year for partnership in strategic planning, marketing; company honors nine companies with annual supplier awards
Contify Automotive News (04/18)

Canada launches C$547.5M new vehicle purchase incentive program for medium-, heavy-duty EVs to help businesses upgrade their fleets; Canada extends C$1.7B zero-emission promotion program to 2025, invests in large-scale ZEV charging infrastructure
Targeted News Service (Press Releases) (04/18)

Pickup Trucks

Commentary: Electric pickup trucks may drive real tipping point for EVs, meaning mainstream Midwestern truck buyers may join the forces of the Teslas on the coast; getting away from gas is a big plus for rural drivers as fuel costs spike
NPR (04/14)


NHTSA ends probe of USB charging port fires in 170,000 Chrysler Town and Country, Dodge Caravan minivans from 2013 to 2020 model years after investigators couldn’t determine cause of fires; NHTSA will not seek recall
Associated Press (04/12)

Automotive Care

Stellantis & You, Sales and Services creates after-sales predictive marketing partnership with FIDCAR for European dealerships; service uses AI platform to create individually-packaged after-sales maintenance offers based on actual customer needs
Stellantis NV (04/13)

Automotive Use

Shin-Etsu Chemical introduces new TC-BGI Series thermal interface silicone materials to meet demands of electric vehicle components that require heat dissipation; material offers high hardness, high voltage endurance
Business Wire (04/13)

Researchers at Germany's DITF develop method to replace potentially harmful formaldehyde in the manufacture of rubber materials used in tires; process uses hydroxymethylfurfural, which can be extracted from wood, to promote adhesion of materials
Deutsche Institute für Textil- und Faserforschung (04/12)

Auto Parts & Accessories

Heavy-duty suspension firm Link opens 50,000 square-foot mechanical, electronic air management product manufacturing, training facility in Sioux Center, Iowa, and new 15,000 square-foot Suspension Control Engineering Center in Grand Rapids, Michigan
PR Web (04/18)

Denso provides electric components for Toyota bZ4X, Subaru Solterra EVs including current sensors that are 40% smaller, integrated electricity supply units, heat pumps that serve as heat sources for climate control systems, radiant heating systems in BZ4X
DENSO Corporation (04/18)


Michelin reports tire sales up 15%-20% in Central America at Easter, Christmas and in summer because of family travel; Michelin brand valued at US$7.2B in 2020, followed by Bridgestone at US$7B, Continental at US$3.3B, Dunlop and Goodyear both at US$2.1B
CE Noticias Financieras (04/18)

Sales for full-priced tires in 2021 up 36% from a year ago, account for 80% of unit volumes sales, with sales of tires priced US$140 or more gaining 10 unit-share points; average price of car, light truck tires up more than 20% year-over-year: NACS
States News Service (04/18)


European Commission releases proposed industrial emissions rules for EU's 2050 zero-pollution plan; new rules to cover more livestock farms, mining sites, battery facilities, and will include more effective installation permits, support for innovation
European Commission (04/18)

Executive Perspective: Rivian CEO warns EV battery shortage to be bigger issue than microchip shortage, says world's total cell production represents under 10% of what will be needed in 10 years; report finds battery production won't meet demand till 2030
Business Insider (04/18)

Car Dealers

J.D. Power predicts profitable years ahead for dealers and OEMs due to pent-up consumer demand, disposable savings, new models; waiting lists are long for premium cars, which is great for dealers, which don't have to carry inventory to have those sales
Ward's Auto World (04/14)

March new vehicle average transaction prices fall 0.3% month-over-month, but remain up 12.9% from a year ago, as dealer new-vehicle inventory averages 30 days; prices reached record high in December 2021: Kelley Blue Book
Cox Automotive Inc. (04/14)

Autonomous Transportation Technology

32% of consumers says Tesla most trusted brand for developing safe, reliable autonomous vehicles, with 19% reporting Toyota most trusted; BMW comes in at 18%, 16% of consumers trust Chevrolet, 14% name Ford as most trusted: study
AutoPacific Inc. (04/14)

Mercedes-Benz opens €200M, 70,000 square-meter Electric Software Hub integration center in Sindelfingen, Germany, with 1,100 employees to research, develop vehicle software; company to add up to 2,000 more jobs in global R&D network
Mercedes-Benz AG (04/13)

Electric Vehicle Charging

New Jersey Public Utilities awards over US$1M in grants to install EV chargers at 24 key tourist destinations in state, including 50 level-two chargers, 11 DC fast chargers; state to install 1,000 level-two chargers, 400 DC fast chargers by end of 2025
States News Service (04/18)

Listings of homes with eco-friendly features such as EV charging stations, drought-resistant landscaping can sell more than nine days faster than similar homes; energy-efficient features contribute to homes selling for more, sometimes faster: Zillow
Zillow Group Inc. (04/18)

Automotive & Driving

BluE Nexus develops downsized eAxle for Toyota bZ4X EV that integrates motor, inverter, transaxle in 150kw model for FWD EVs, 80kW model for 4WD EVs; BluE Nexus is joint venture of Aisen, Denso, Toyota
Denso Corp. (04/18)

Commentary: Canada's budget that includes tax credit for critical minerals exploration marks nation's first meaningful steps toward prioritizing critical minerals; such exploration is critical to zero-emission vehicles, other clean technology
Mondaq Business Briefing (04/15)

Commentary: Ford CEO aims to lower growing warranty costs, which are higher than GM, other rivals; issue may stem from the way Ford is structured organizationally, and if it can get to GM's level, that would free up a couple billion dollars on bottom line
Florida Times-Union (04/15)

Auto Parts & Accessories

Hankook equips BMW i4 Gran Coupe EV with ultra-high-performance Ventus S1 evo 3 tires in 18-inch, 19-inch widths in standard, run-flat options as OE equipment; Ventus tires feature special aramid composite material in belt, reinforced sidewall
PR Newswire (04/15)

Tenneco closing Kettering, Ohio, plant, citing market oversaturation of shock absorber production, higher steel, material costs; plant to close by Dec. 31, 2023, with lay-offs of 597 employees starting in June of this year, continuing through end of 2023
Dayton Daily News (04/15)

Trailer running gear, chassis, component firm DexKo Global acquires Premium Supply, a maker of custom trailer hoists, hydraulic kits, pumps, controls, accessories; Premium serves the tilt, dump, utility trailer markets from Greenville, Texas, facility
Canada Newswire (04/15)

Automobiles & Components group

Commentary: Biden to invoke Defense Production Act to support EV battery production, but mining laws need reform; current permitting process for mining is costly and time-consuming, has hindered new projects for lithium-ion battery raw material projects
InsideSources (04/15)

Tesla recalls, sends online software updates, to 595,000 vehicles in US to fix ‘Boombox” function sounds that can obscure audible pedestrian warnings; vehicles include 2020 to 2022 Model Y, X, S vehicles and 2017 to 2022 Model 3
Associated Press (04/15)

Rivian names Anisa Kamadoli Costa as Chief Sustainability Officer to oversee the company’s sustainability roadmap, help lead Rivian’s Forever philanthropic mission; Costa most recently served as Chief Sustainability Officer at Tiffany & Co
Rivian Automotive LLC (04/15)


Morgan Stanley: Higher lithium carbonate costs could push EV makers to raise prices by up to 15% and may hit demand; most EV batteries are manufactured in China, and Chinese prices for key ingredient lithium carbonate have risen fivefold over past year
States News Service (04/15)

VW reports Q1 BEV deliveries up 65% from last year at 99,100 units, with Europe leading at 58,400 units, China recording 28,800 units, US accounting for 7,900 units; BEV orders in Western Europe rise to 300,000 vehicles
Volkswagen AG (04/15)

Hyundai IONIQ 5 EV crossover named World Car of the Year, World Electric Vehicle of the Year, World Car Design of the Year at NY International Auto Show; vehicle offers 800-volt ultra-fast charging, 470-480 km driving range with 2WD, 77.4kWh battery
Hyundai Motor Co. (04/14)

Electric & Hybrid Vehicles

Honda announces new CR-V hybrid to be released this year, followed by Accord Hybrid, with Civic hybrid following in future; Insight hybrid production at Greensburg, Indiana, plant ending in June as Honda plans hybrids to be 50% of sales mix for each model
PR Newswire (04/15)

BorgWarner awarded US$4.09M contract by DOE to lead 36-month project to design, develop cost-effective, advanced DC current fast charger with 20%-30% cost reduction; 350kW charger to have 10 charge points, support current EVs, have flexibility to upgrade
BorgWarner Inc. (04/15)

19 environmental advocacy groups urge Truck & Engine Manufacturers Assn. to support stronger truck pollution regulations, establish 2035 zero-emission target; Corporate Electric Vehicle Alliance to buy 330,000 EV class 1-8 trucks in next five years
Targeted News Service (04/14)

Electric Vehicle Charging

Gravity debuts new suitcase-sized, 360 kW urban fast-charger at NY Auto Show that company claims is 50 times faster than most chargers, manages total site peak; Gravity installing 24 chargers in New York City in spring to serve public, Gravity EV taxis
PR Newswire (04/15)

Natural Resources Canada invests C$445,000 to install 80 EV chargers in Peel, Ontario, as part of C$1.3M Peel Climate Change Partnership project; federal government to invest C$1.7B to extend national EV purchase incentive program through March 2025
Canada Newswire (04/13)

Canadian auto makers say federal EV budget programs insufficient to reach 20% EV sales targets in 2026, 60% in 2030; Canadian government to spend C$1.7B on EV rebates by 2025, with 137,000 EVs qualifying for program by February 28 for C$589M in rebates
Canadian Press DataFile (04/12)

Heavy Trucks/Commercial Vehicles

Cummins completes acquisition of engine braking, cylinder deactivation company Jacobs Vehicle Systems, with the operation reporting to Cummins Turbo Technologies; JVS has 600 employees, manufacturing plants in Bloomfield, Connecticut, Suzhou, China
Cummins Inc. (04/15)

Light Vehicles

Stellantis partners with Qualcomm to use Snapdragon Digital Chassis advancements for in-car communication, infotainment systems for STLA SmartCockpit; deployment planned for 2024, involves 14 Stellantis vehicle brands, starting with Maserati
Stellantis NV (04/15)

Mercedes-Benz chooses Hankook for OE tires on new S-Class in all markets for first time; different tire sizes, types used on vehicles, with Hankook Ventus S1 evo summer tire, Winter i*cept evo winter tire being used in Europe
Contify Automotive News (04/14)

2021 US, Canadian new vehicle sales fell from annualized high of 18.3 million units in April to 12.8 million in September; platinum price up 23.3% from a year ago, lithium price up 437% year-over-year: IAA 2021 Industry Report
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (04/14)

Sport Utility Vehicles (SUVs)

Tenneco’s Ohlins Racing expands presence in North America with showcase of latest off-road suspension technologies at nine-day Easter Jeep Safari in Moab, Utah; products include shock package for 2007 and newer Jeep Wrangler, Gladiator models
Tenneco Inc. (04/13)

Hyundai announces Montgomery, Alabama, plant to begin Santa Fe hybrid SUV production in October, creating 200 additional jobs; company invests US$300M to enhance assembly process, add warehouse space at factory
Hyundai Motor Co. (04/13)


Trucking/Van Delivery

AFC Transport's division AFC Logistics relocates to Tampa, Florida, from Indiana, with plans to add 150 jobs over next three years; company handles delivery of machinery and raw materials and has a fleet of over 150 flatbed trucks, 50 refrigerated trucks
Tampa Bay Times (04/18)

XPO announces openings of LTL terminals in Adelanto, California and Conley, Georgia; 51,500 sq-ft California site includes 99 doors to handle manufacturing, retail demand, while 55,000 sq-ft Georgia site has 97 doors and adds pickup-and-delivery capacity
GlobeNewswire (04/18)

On-Demand Local Delivery

Walgreens launches on-demand drone delivery service in Dallas-Fort Worth area via Alphabet subsidiary Wing; available via mobile app, service will deliver over-the-counter health, wellness products to 'tens of thousands' of homes in Frisco, Little Elm
FierceHealthcare (04/15)

Amazon CEO Andy Jassy says workers are 'better off' without a union, as bureaucracy hampers employee empowerment; Jassy also says Amazon's injury rates are 'sometimes misunderstood' due to company combining some warehouse and delivery roles
Business Insider (04/15)

Highways & Roads

Louisiana senator proposes Bill 477 to Senate, which would let certain trucks to haul two containers at a time to, from ports on designated roads; CRC Global Solutions says Port of New Orleans is so congested, cargo is sent to other ports, such as Houston
New Orleans CityBusiness (04/18)

New York raises DOT transport infrastructure budget 40.2% over prior five-year period to a record US$32.8B; under new plan, support for local roads and bridges rises 69% to over US$6.1B, including doubling funds for BRIDGE NY, Operation Pave our Potholes
governor.ny.gov/ (04/13)

Logistics/Transportation Infrastructure

Maersk advises customers of stoppage on new refrigerated and dangerous cargo bookings in Shanghai, while Ocean Network Express suggests diverting cargo; congested terminals, trucking, low reefer plug capacity follow China's continued zero-COVID policy
The Maritime-Executive (04/18)

Wisconsin governor, DOT and the Dept. of Agriculture, Trade and Consumer Protection approve US$9.4M for six harbor grants to improve waterway shipping; grants include US$1,175,000 to Port Milwaukee for repairs and US$1,100,000 for the Port of Green Bay
States News Service (04/15)


Latest: Apr, 18 2022

Latest Value Prev Chg YOY Chg
Ford Motor (F) 15.67 15.48 1.23% 28.13%
General Motors (GM) 40.63 40.13 1.25% -30.80%
Tesla (TSLA) 1,004.29 985.00 1.96% 35.76%