The prospect of a sharp rebound in second-quarter GDP helped underwrite May’s solid results, and indicates June should post a still-healthy 16 million-plus SAAR, even if some of its thunder was stolen in the prior month.
A red flag to watch for is extended shutdowns beyond traditional summer downtimes, especially at Ford, Fiat-Chrysler and General Motors. Other automakers could add downtime, but most likely would slow production.
With Subaru understocked in the segment, nearly all automakers selling midsize cars, including Ford, GM, Honda, Hyundai, Kia, Mazda, Nissan and Toyota, could withstand some trimming to inventory in the segment.
In 2017, California’s emissions rules will change and FCVs will carry the traveling credits automakers use to remain 50-state compliant. The rule change could lead to a shift in OEM capital investment....More
The new model should appeal to customers of high-end European makes but “who really want an American car,” says Jim Farley, Ford’s chief marketing officer. “This is an in-your-face (car); there’s nothing subtle about it.”...More
How come we are not getting back to levels of the previous LV sales peak in 2006? The best answer to that question is the underperformance of pickups, especially the untapped potential of small pickups....More