Subaru

Axalta Recognized by CAOA Chery for Innovation in Costs and Excellence in Direct Purchase

Retrieved on: 
Friday, November 11, 2022

SO PAULO, Brazil, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, announced today it has won the Innovation in Costs and Excellence in Direct Purchase category in CAOA Cherys annual Best Supplier Awards.

Key Points: 
  • SO PAULO, Brazil, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, announced today it has won the Innovation in Costs and Excellence in Direct Purchase category in CAOA Cherys annual Best Supplier Awards.
  • CAOA is the exclusive importer of Hyundai and Subaru brands in the Brazilian automotive sector.
  • The Axalta team has demonstrated their commitment to innovation, and we are proud to recognize their performance once again."
  • Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions.

Small car performance is a mixed bag in new side crash test

Retrieved on: 
Thursday, November 10, 2022

Clearly, some manufacturers have already figured out how to provide sufficient protection in a crash like this even for occupants of small cars.

Key Points: 
  • Clearly, some manufacturers have already figured out how to provide sufficient protection in a crash like this even for occupants of small cars.
  • In earlier IIHS tests of small SUVs , midsize SUVs and midsize cars , a higher ride height seemed to translate into better performance in the new evaluation.
  • The results from the small cars suggest that vehicle length in particular, the length of the occupant compartment may also play a role.
  • The updated side crash test uses a heavier barrier traveling at a higher speed to simulate the striking vehicle.

Washington, D.C. Auto Show Introduces New Look and Fresh Programming

Retrieved on: 
Wednesday, November 9, 2022

Our show programming now seamlessly translates to our website and provides a customized show experience.

Key Points: 
  • Our show programming now seamlessly translates to our website and provides a customized show experience.
  • For more than 80 years, the auto show has modified their programming to accommodate the latest advances and trends in car technology.
  • With the rise in connectivity and autonomous capabilities, the 2023 Auto Show will highlight mobility advancements in all forms of transportation.
  • The 2023 Washington, D.C. Auto Show will be open to the public for 10 consecutive days, from January 20 through January 39, 2023.

Lack of New-Vehicle Inventory Has Notable Effect on Sales Satisfaction, J.D. Power Finds

Retrieved on: 
Wednesday, November 9, 2022

With new-vehicle inventory remaining very low, transaction prices have significantly increasedand consumers are not happy about it.

Key Points: 
  • With new-vehicle inventory remaining very low, transaction prices have significantly increasedand consumers are not happy about it.
  • Overall sales satisfaction has dipped to 786 (on a 1,000-point scale) from 789 in 2021.
  • Sales Satisfaction Index (SSI) Study (Graphic: Business Wire)
    When new-vehicle prices increased in 2021, customer satisfaction was buoyed by higher-than-expected trade-in values.
  • Sales Satisfaction Index (SSI) Study measures satisfaction with the sales experience among new-vehicle buyers and rejecters (those who shop a dealership and purchase elsewhere).

GWM Achieves Highest-ever Monthly Overseas Sales Record by This Oct

Retrieved on: 
Tuesday, November 8, 2022

Its vehicle sales reached a record high of 21,052 units in the overseas market, up 49.58%.

Key Points: 
  • Its vehicle sales reached a record high of 21,052 units in the overseas market, up 49.58%.
  • From January to October 2022, GWM sold 132,796 vehicles overseas with a YoY increase of 18.55% and achieved excellent sales results in many markets.
  • GWM PICKUP has also achieved excellent sales in South Africa.
  • From January to October, the cumulative sales of GWM exceeded 18,000 units, with a YoY increase of 26.5%.

GWM Achieves Highest-ever Monthly Overseas Sales Record by This Oct

Retrieved on: 
Tuesday, November 8, 2022

Its vehicle sales reached a record high of 21,052 units in the overseas market, up 49.58%.

Key Points: 
  • Its vehicle sales reached a record high of 21,052 units in the overseas market, up 49.58%.
  • From January to October 2022, GWM sold 132,796 vehicles overseas with a YoY increase of 18.55% and achieved excellent sales results in many markets.
  • GWM PICKUP has also achieved excellent sales in South Africa.
  • From January to October, the cumulative sales of GWM exceeded 18,000 units, with a YoY increase of 26.5%.

Auto Dealers (Cautiously) Optimistic About Profits and Valuations in 2023

Retrieved on: 
Monday, November 7, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221107005471/en/
    The survey by Kerrigan Advisors queried over 600 auto dealers about their views on the future value of their businesses, as well as their perspective on franchise valuations and acquisitions.
  • While only 6% of dealers anticipated a valuation decline last year, 20% now expect a decline in the next twelve months, a 233% increase from 2021.
  • The survey reveals a clear increase in cautiousness by dealers about the future: that 34% of dealers expect higher profits in the next 12 months represents a sharp decline from the 79% that expected profit increases in 2021.
  • The Kerrigan Dealer Survey is based on over 600 responses from franchised auto dealers in Kerrigan Advisors proprietary dealer database.

The Worldwide Non-dispersive Infrared (NDIR) Industry is Expected to Reach $1 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 3, 2022

The NDIR market is projected to grow from USD 0.7 billion in 2022 to USD 1.0 billion by 2027, recording a CAGR of 6.0% between 2022 and 2027.

Key Points: 
  • The NDIR market is projected to grow from USD 0.7 billion in 2022 to USD 1.0 billion by 2027, recording a CAGR of 6.0% between 2022 and 2027.
  • Mining, medical, industrial & manufacturing, chemicals, fertilizers, and oil & gas workers often work in hazardous environments.
  • If inhaled in excess amounts, these gases can have major health repercussions, including death in extreme cases.
  • During the forecast period, APAC held the largest share of the NDIR market and is expected to continue to grow.

2022 Los Angeles Auto Show Announces Preliminary Press Conference Schedule for AutoMobility LA® on November 17

Retrieved on: 
Thursday, November 3, 2022

LOS ANGELES, Nov. 3, 2022 /PRNewswire/ -- The 2022 Los Angeles Auto Show® today announces the preliminary press conference schedule for  AutoMobility LA® (AMLA), its annual gathering for both media and industry professionals on November 17. Showcasing automotive industry innovation and growth with an emphasis on electrification as its central pillar, the day will be highlighted by a selection of significant debuts.

Key Points: 
  • Held at the Los Angeles Convention Center, the 115th anniversary Los Angeles Auto Show will run from November 18 to 27.
  • For groups of 20 or more, please contact the Los Angeles Auto Show directly for group ticket pricing.
  • Founded in 1907, the Los Angeles Auto Show (LA Auto Show) is widely recognized as one of the most influential shows globally.
  • Taking place on November 17, AutoMobility LA media and industry day will include a range of groundbreaking industry announcements and reveals.

Step One Automotive Group Recognized in AutoSuccess Champions of Charity Program

Retrieved on: 
Tuesday, November 1, 2022

FORT WALTON BEACH, Fla., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Step One Automotive Group has been named a Champions of Charity honoree by AutoSuccess, a Babcox Media brand.

Key Points: 
  • FORT WALTON BEACH, Fla., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Step One Automotive Group has been named a Champions of Charity honoree by AutoSuccess, a Babcox Media brand.
  • The Champions of Charity program recognizes automotive industry companies that are making a difference in their communities, businesses and beyond with their charitable acts and donations.
  • "This program was derived from our years of observations of charitable deeds on all sides of the automotive industry," said AutoSuccess Publisher Susan Givens.
  • Step One Automotive Group also owns two standalone pre-owned operations, three wholesale parts operations, and one rental car operation.