So what’s ahead for 2022? By some accounts, it may be more of the same, as shortages continue to leave dealers struggling for inventory and consumers facing ever higher prices. But shoppers will also find a lot more options if they’re looking for electric vehicles.
Here are the storylines we expect will dominate this year:
Ongoing product shortages
As Covid-19 struck, automakers slashed production and parts orders. But when sales started to rebound, they discovered they couldn’t get all the semiconductors they needed, leading to major production cuts. The industry lost around $210 billion in revenue in 2021, according to AlixPartners, a business management consultancy. While chip supplies are loosening up, they’re far from back to normal, and production cut be hurt well into 2022. Worse, the industry faces other shortages affecting products like tires and interior plastics and seat foams.
Companies are collecting our personal data from our vehicles and monetizing it. If it’s my car, isn’t it my data?
What follows might look like a bit of a rant, and I don’t want to appear alarmist, but we are becoming victim to our own data and the sky is falling! Well maybe not, but still …
As consumers we produce millions (billions?) of points of data every day in countless ways, from our shopping choices, to the online searches we do, to the calls we make on our cell phones. We create data in other ways too, ways that many ordinary people may not fully appreciate. When we drive our vehicle, when we have an accident, when we go to a body shop for estimates or repairs, when we make an insurance claim, we are creating data. Companies are collecting this data and monetizing it on a massive and ever-increasing scale.
Presented By: EY Global Services Ltd. U.S. Car Sales Stay Above 17 Million AgainCarmakers have for the first time topped 17 million car and light-truck sales for five years in a row. They surpassed 17 million units only twice before: in 2000 and 2001.As usual, pickup trucks and SUV/crossovers carried the day, offsetting a relentless decline in consumer demand for conventional sedans. Trucks now account for about 75% of the entire U.S. market for new vehicles.The Cool-Down ContinuesStill, overall volume has been slowly shrinking since peaking at 17.55 in 2016. Last year’s volume of 17.11 million units compared with 17.32 million in 2018, according to company reports.On an annualized basis, fourth-quarter demand in 2019 dropped to 16.98 million units. Whether the market will manage to reach 17 million units again this year is anyone’s guess at …READ MORECar Output in Germany Slumps to 23-Year LowGermany’s auto industry, which depends heavily on exports, is in trouble.The country’s production [...]
Speaking at Tesla’s first Autonomy Day event,hosted in Palo Alto and designed to show off the company’s self-driving technology, CEO Elon Musk said Tesla expects to start converting its electric cars into fully self-driving vehicles in some markets next year. It’s part of a plan to create a network of robotic taxis to compete head-to-head against ride-hailing services such as Uber and Lyft. Musk further boasted that “probably two years from now, we’ll make a car with no steering wheels or pedals.”
In its ride-sharing vision, Tesla cars were not in use. Rather, Tesla would allow owners to put their cars into the service via their smartphones, with the company taking 25% to 30% of the fare. Tesla would provide vehicles in areas where not enough people share their cars.
Musk predicted that the company’s system of computers, software, and neural-network object detection and depth recognition would get regulatory approval to operate in California toward the end of 2020.
Authonomous vehicles are our future. ‘No driver necessary !’ – that is industry ultimate goal. But if you were trying to do simple Do It Yourself : change brakes or tires it might be not easy because of sensors and vehicle protection system to look after your “safety” will flag any unauthorized service event. And if you will not assemble parts exactly as they should be or use aftermarket parts to save on the repair cost – your car will not move or will show errors on the dashboard and most likely report that event to the vehicle manufacturer.
Below is an article which describes all systems inside of authonomous vehicles planned for us in near future.Think twice!, cost of convenience of self driving cars are going to be high.
Today’s Advanced Driver Assistance Systems (ADAS) are gradually evolving into full autonomous vehicle systems.
The station’s 450-kW charging capacity allows for a significant reduction in charging times.
By Murray Slovick, Contributing Editor
Fast, convenient charging solutions increase the attractiveness of electric vehicles (EVs). Recently, the research consortium FastCharge presented a prototype for a 450-kW output charging station in Jettingen-Scheppach, located near the A8 motorway between Ulm and Augsburg, Germany. The charging capacity of the new fast charger is three to nine times as high as what’s currently possible with dc charging stations today.
The prototype Porsche Taycan used in the demonstration has a net battery capacity of approximately 90 kWh and achieved a charging capacity of over 400 kW. (Source: Porsche)
At this ultra-fast charging station, electrically powered research vehicles from BMW and Porsche created as part of the project demonstrated charging times of less than three minutes for the first 100 kilometers of range or 15 minutes for a full charge (10-80% state of [...]
When you look for new ore used crossover SUV’s there are few questions in your mind:
Below are several answers which You can consider when buying cross over SUV from USA, If you have any questions about importing vehicle from USA into CANADA please call or email : HERE
When you consider the popularity of crossover SUVs, it seems hard to comprehend that they have only really been around for 15 years or so. There were a few SUVs that could be called crossovers that were released before then, but all the major auto manufacturers started making their crossovers at roughly the same time in the early 2000s.
Crossovers quickly became quite popular for several different reasons. They offer a unique style that is different from any other class of vehicle on the road. They also offer the spaciousness of SUVs with the maneuverability and [...]
Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.
Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.
Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.
“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said Hanover-based NordLB analyst Frank Schwope. “Design of their cars has improved and they’re [...]