Saturday, October 23, 2021
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chip shortage

Cost of chip shortage expected to double, but Musk sees...

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In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the auto industry $110 billion US in lost revenue through the year, a figure that inflated from an initial $60.6 billion predicted in January. The global consulting firm has updated their estimated […]
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Tynan

Bloomberg Senior Auto Analyst Kevin Tynan on current supply issues,...

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On today’s show, we’re pleased to welcome back  Bloomberg Intelligence’s Senior Automotive Analyst, Kevin Tynan. Tynan begins the conversation by sharing his thoughts on Q2 earnings. He says the past quarter revealed more bad consensus than really good performance. The second quarter of 2020 was plagued by uncertainty amidst COVID shutdowns. So, while many auto […]
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chip shortage

Chip shortage update: How it is affecting prices in the...

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On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director of Industry Insights, to give us an update on the chip shortage and how it’s affecting prices in the new and used market. Caldwell kicks off the conversation, giving a brief overview of the current chip shortage situation currently happening. Caldwells says we’re […]
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American

Biden proposes change in “Buy American” rules to increase US-made...

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The Biden Administration wants more taxpayer spending to go toward American-made products and has issued a proposed rule change to that end. If it’s passed, it will require any government spending to include at least 60% US-made components immediately. The proposal also stipulates future increases to that threshold: 65% by 2024 and 75% by 2029. […]
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infrastructure bill

How could a new infrastructure bill impact EV stocks?

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President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US has ever seen. Revamping the infrastructure throughout the United States has been one of his top priorities and would include repairs to roads and bridges as well as the expansion of […]
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microchip shortage

How the microchip shortage is progressing

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Like most industries, the auto industry has continued to grapple with the effects of the pandemic while trying to find ways to overcome them. Despite revamped planning and operations, many automakers are still being impacted by the detrimental semiconductor microchip shortage that is delaying and canceling the production of thousands of vehicles. Microchips are also […]
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Hyundai’s Santa Cruz launch showcases the appeal of compact trucks

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On June 22, 2021, Hyundai Motor Manufacturing Alabama announced the launch of the brand-new 2022 Santa Cruz. It’s being labeled as a Sport Adventure Vehicle, making it completely different from anything else on the market. This vehicle attracts both SUV and compact truck enthusiasts with its open bed space, enjoyable cabin, and hidden bed storage. […]
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truck

EVs are up and coming, but what about electric trucks?

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With the help of the 2020 Great American Truck Survey, it became clear that truck owners are in love with their pickups. In fact, 25% of the owners have named their truck, with 15% of owners getting a tattoo related to their truck. This isn’t something that could be said about the average sedan or […]
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Barra

General Motors mostly agrees to emissions standards

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On Wednesday, General Motors CEO Mary Barra penned a letter to Michael Regan, the chief of the Environmental Protection Agency, stating that the automaker would be supporting stricter emissions standards and would prefer to meet standards through a so-called “high-volume electric vehicle pathway.” Notably, however, she declined to fully put GM’s support behind Obama-era emissions […]
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General Motors

General Motors CMO Deborah Wahl discusses the automaker’s transition to...

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General Motors has recently rolled out a new logo and rebranded website as part of its “Everybody In” campaign which highlights its corporate transformation to an all-electric future. The Detroit-based automaker retired its squared-off blue logo and revamped it with rounded corners, lower-case letters, and a new shade of blue that appropriately represents the electrification […]
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