Auto Updates

While the global microchip supply shortage continues to wreak havoc on auto production schedules, the outlook is a notch brighter. AutoForcast Solutions, which has tracked car production losses weekly since the chip shortage began in 2021, has lowered its 2023 factory-wide cuts forecast. Throughout the year, the company maintained its forecast of 2.8 million vehicle losses worldwide in 2023, but has now lowered that forecast to 2.6 million. But automakers continue to experience production slowdowns due to chip shortages. AutoForcast Solutions estimates that nearly 8,300 vehicles will be cut from the schedule at assembly plants in China this week, while nearly 7,400 vehicles will be cut at plants in North America. The company said its assembly plants around the world will cut about 22,000 cars and trucks from their factory plans this week. https://ift.tt/6fW8csY The Latest Numbers on the Auto Microchip Shortage Auto Updates

New Delhi, June 15th: The all-new Hyundai Ecstar SUV has been officially unveiled by the company ahead of its launch in India next month. While the Exter’s exterior design has been previously revealed, Hyundai has also revealed interior layout and design details. Since the Hyundai Ecstar will be positioned below the Venue compact SUV, it will be positioned in the micro SUV segment compared to domestic favorites such as the Tata Punch, Maruti Suzuki Ignis and Citroen C3. Let’s check the details. Description of Maruti Suzuki Jimny variations and accessory packages. Check out all the important details to help you make your buying decision. Hyundai Ecstar – Official Interior Details The steering wheel and dashboard design of the upcoming Hyundai Ecstar SUV is reminiscent of the Grand i10 Nios and Aura Twin. Nevertheless, the new micro SUV features many distinctive design details, including an all-black interior color scheme. It boasts a premium full digital instrument cluster alongsid

Towing capacity is the maximum weight a vehicle can safely tow with a trailer. One should never do more than a manufacturer’s recommended maximum weight as outlined in each vehicle’s owner’s manual or towing guide. Not every vehicle is even rated for towing, which is another important detail that should be outlined. Even though manufacturers set each vehicle’s towing capacity, it’s still only an estimate of the maximum weight of the trailer that is being hauled under ideal conditions. Maximum towing capacity can change depending on what kind of trailer is being used, how the trailer is loaded, and the circumstances surrounding safe driving conditions at the time. In our towing guide, we will outline some important terms, talk about some of the different types of towing, and look at some popular vehicles used for towing and their towing capabilities. Payload vs. Towing Capacity As previously mentioned, towing capacity is the estimated maximum safe weight a vehicle can tow. This wou

We all know the automotive industry has faced some headwinds over the last few years.highly competitive Rate hike environment With inventory shortages and increases, average transaction price (ATP) needed creative ways to keep its sales team engaged and motivated. They need to feel supported on the front lines while driving revenue efficiently and with discipline. Looking back at the challenges facing sales teams of 100+, chase auto Faced recently, I know it clear goals and expectations customer obsession and relationships were the absolute key to success. Control what you can control Sales teams are easily discouraged in challenging environments. While there are some things that cannot be changed, it is important that the team has clear goals and expectations and a deep understanding of the unique value they bring to their clients. As a sales leader, it is my responsibility to prioritize and explain different business initiatives to my team so that they can ultimately be lever

Six-time champion Power’s car had to be rebuilt after bizarre crash at Saturday morning practice session Scott Dixon did not see the Australian coming after spinning and allowing a pass for Grosjean. Dixon then immediately drove into the path of Power, wrecking both cars. Power pushed his shoulders against fellow Indy 500 winners, leading to an altercation. This happened shortly after Grosjean drove his power into the grass at over 150 mph. When interviewed by NBC Peacock after failing to advance after Q1, Power lashed out at Dixon, Grosjean and the run-off of the Road America truck – car crashed on carousel exit was thrown into the air. “This course starts badly. They do a terrible job here,” he said. “They need to restart the game. “Dixon’s behavior this morning made me angry and ruined our weekend. It was a terrible act.” Scott Dixon, Chip Ganassi Racing Honda, Will Power, Team Penske Chevrolet Accident Photo Credit: Jeffrey M. Miller / motorsport images Power was delayed

Mr. Akio Toyoda, President and CEO, Toyota Motor Corporation Kiyoshi Ota | Bloomberg | Getty Images Detroit – toyota motor Stocks posted their best week since 2009 on Friday as the automaker laid out strong plans for an all-electric future and the company’s heir, Akio Toyoda, became the leader of the Japanese company’s board. bottom. Toyota shares on the New York Stock Exchange closed Friday at $164.35 a share, down 2.3% on the day but still up 10.6% for the week. The five-day rally was the biggest week since April 2009, when the stock rose 14.5%. Such a rise is not typical for stocks. For a relatively well-performing but mediocre stock, this is just the third weekly double-digit gain in more than 20 years. The company’s stock is up 20% through 2023. of positive rise The year comes after recent supply chain problems eased for the auto industry, including Toyota, and the founder’s grandson, Toyoda, announced transition plans. From CEO to Chairman He has led automakers fo

BMW’s biggest and worst plug-in vehicle will cost you around $186,000. The aggressively styled 2024 BMW XM Label Red SUV will soon become the brand’s most expensive model, according to the latest ordering guide data. 2024 BMW XM Label Red has a MSRP of $185,995 including destination, $26,000 more expensive than standard BMW XM . In 2024, BMW mysteriously managed to keep the price of the XM unchanged at $159,995. The 2024 BMW XM Label Red promises to accelerate from 0 to 90 mph in just 3.7 seconds thanks to its 738 hp plug-in hybrid engine. That’s 94 horsepower more than the regular BMW XM, and it’s no slouch. BMW says the XM Label Red will be the most powerful M model ever made. The M Driver’s Package and Bowers & Wilkins sound system allowed us to configure the XM Label Red for the incredible price of around $192,000. When the XM Label Red goes into production in August, it will be a truly rare vehicle. But is it eligible for incentives? does not qualify, but tax credit Par