Category Archives: news analysis

NASCAR Finish Line Tweaked with E-Racing as COVID Thrives

In February when NASCAR was still in deep denial about the gravity of the Corona crisis, it and Penn Interactive announced a new multi-year partnership that led to the creation of a brand new, free-to-play, mobile game dubbed NASCAR Finish Line. Continue reading

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UAW Pressure: Ford Further Postpones NA Production Restart

In a duh statement Ford said: “Ford and autoworkers’ unions – especially the UAW – are working closely on initiatives to keep the workforce safe, including upgrading social distancing guidelines, requiring the workers to self-certify daily that they are not experiencing any COVID-19 symptoms – and more.” Continue reading

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RumbleOn Posts 2019 Loss. Cancels Guidance

Executive summary from AutoInformed: RumbleOn has ambitious plans with more than $840 million in revenue in 2019, but what is arguably a national brand is facing the ongoing contraction (collapse?) of the U.S. economy. Continue reading

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Ventec Life Systems and GM to Mass Produce Ventilators

Under Trump Administration do-nothing policies that refused until this morning to invoke the Defense Production Act (while criticizing GM? Insiders say that GM was waiting for Government Agency approvals). There are now clearly global back-orders of critical care ventilators capable of supporting patients fighting COVID-19. Nonetheless, companies are adding thousands of units of new capacity with a significantly expanded supply chain capable of supporting high volume production. GM is contributing its resources at cost. Continue reading

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Bosch Develops Quicker Test for COVID-19

The newly developed test, which apparently has not been certified yet by a major health or regulatory organization, will be available in Germany starting in April, with other markets in Europe and elsewhere to follow at an unknown time in the future. Continue reading

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LMC Automotive Now Projects Double the Decline of the Great Recession in Light Vehicle Sales During 2020

LMC currently is forecasting 2020 global Light Vehicle sales to fall below 77 million units, a decline of nearly 14 million units or -15% from the 2019 level. For comparison, global Light Vehicle sales fell 6 million units from 2007-2009 to 64 million units, a two-year decline of 8.7%, or 4.5% CAGR. Continue reading

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UAW Balks at Reopening Workplaces

“The only guideline in a boardroom should be management asking themselves, “Would I send my family — my own son or daughter — into that plant and be 100% certain they are safe?” – UAW President Rory L. Gamble Continue reading

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China – Future Export Base for Global Markets?

Although export volumes were stable in the last two years, the sector has experienced significant structural shifts. In 2019, non-Chinese brands accounted for 38% of the export market, compared with 30% in 2018. Data for 2010 and 2016 show that overseas OEMs accounted for just 11% and 19% of China’s exports, respectively. These figures, says LMC,  indicate the growing proportion of vehicles built in China by foreign automakers being shipped overseas. Continue reading

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COVID-19 – Large Holes in US Social Safety Net on Paid Sick Leave as Social Distancing is Mandated by President Trump

The U.S. and South Korea are the only two countries in the Organization for Economic Cooperation and Development where paid sick leave is not guaranteed, according to a 2018 report from UCLA’s World Policy Analysis Center. Continue reading

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NASCAR Ends Denial of COVID-19 Pandemic

NASCAR has finally decided to postpone the race events at Atlanta Motor Speedway this weekend and Homestead-Miami Speedway next weekend. Continue reading

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COVID-19: Globally – Ford Motor Employees to Work Remotely

“In recent days, though, we concluded the issue has taken on a different dimension,” said Ford, “ and (we )are continuing to act in real time to keep our people safe and help limit the spread of the virus in communities where we live and work… Continue reading

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NASCAR Bans Fans at Races

Just a day after insisting that it would hold racing as usual with slight tweaks to protect the drivers from COVID-19, NASCAR has admitted partially that more steps are necessary to acknowledges the growing crisis and public health threat. Continue reading

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Coronavirus Disease 2019 (COVID-19) in the US

CDC is recording an outbreak of respiratory illness caused by a novel (new) coronavirus, aka COVID-19. The Data are at least one day old and note comprehensive. Continue reading

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NASCAR Still Racing So Far, Buffers and Restrictions Added

NASCAR has added an infectious disease specialist to its consulting physician group to provide technical assistance and to inform policy. In following with these discussions and guidance from this counsel, NASCAR is implementing several adjustments to race event operations effective this weekend at Atlanta and remaining in effect indefinitely. Continue reading

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COVID-19: Fiat Chrysler Starts Work from Home, Distances Workers, Prepares for Possible Temporary Factory Shut Downs

Beyond the measures already taken in support of government directives, FCA said it will act to minimize the risk of spreading the contagion between employees. These include intensive sanitation of all work and rest areas, changing rooms and washrooms. To enable greater spacing of employees at their workstations, daily production rates will be lowered to accommodate the adapted manufacturing processes. Continue reading

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