Tag: automotive news

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By Didi on January 9, 2024

Bosch ranked first, followed by Denso Corp. ($43.fifty seven billion in world sales to automakers), ZF Friedrichshafen ($39.three billion), Magna and Aisin Corp. ($33.forty eight billion). Margins on suppliers’ earnings before interest, taxes, depreciation and amortization had usually stood between 11 and 12 p.c before 2019, whereas automakers’ clocked in at around 10 %, according to Wakefield. In 2021, automakers have been at 13 p.c EBITDA margins, whereas suppliers were “just clawing their method” again up to eleven %, he said. The firm will still supply subscriptions for different software and service-related products. The 2LT and RS AWD trims are…

The Port of Vancouver creates a ‘logistical nightmare’ for Canadian auto deliveries

By on June 23, 2023

Delays of up to a month at the Port of Vancouver, driven by heightened vehicle imports and a shortage of railcars, are prompting automakers that ship vehicles through the West Coast logistics hub to enact elaborate contingency plans to get vehicles to Canadian dealers. Facing weeks of waiting at Vancouver’s Annacis Auto Terminal, Hyundai Auto Canada, for one, has begun diverting vessels to ports in the United States, where vehicles are offloaded, placed on railcars and shipped across the border into Canada. The rerouting is no simple task, said company CEO Don Romano, but it beats a month of idling…

Elon Musk’s politics play to potential EV buyers in red states

By on June 6, 2023

Mario Natarelli, managing partner of the MBLM marketing group, doesn’t see Musk’s political shift and controversial Twitter posts as an attempt to shift from “blue” liberal customers to “red” conservative shoppers. “I don’t buy the argument that Musk is trying to pivot to red customers,” Natarelli said. “To think that he’s doing it on purpose seems really shortsighted.” Many brands seen as blue, such as Apple, or red, such as Walmart, are able to attract broad swaths of the American political landscape by focusing on their brand strengths, Natarelli said. MBLM publishes an annual brand intimacy report that ranked Tesla…

Cost of Windshield Replacement Is Going Up

By on May 16, 2023

Today, it seems as if the prices on just above everything (food, gas, rent) are going up–and glass is no exception. Unfortunately, maybe not all that surprisingly, the cost of automobile glass materials has been rising every month. . . and continues to do so. In fact, the Bureau of Labor Statistics’ Producer Price Index data pulled back in January 2022 showed that motor vehicle parts increased by 5.2 percent from the previous year. Specifically, adhesives and sealants increased in price by 14.2 percent, while prices for materials related to motor vehicle repair and maintenance increased by 2.9 percent. Here’s…

Searching “Windshield Replacement Near Me”

By on May 4, 2023

Car windows and windshields are things that many drivers just don’t think much about– until one day they suddenly need to be replaced. Maybe it’s a large chip, or a small crack that has since flourished over time into a web of other cracks. Perhaps it was a single incident of blunt force that smashed the windshield in seconds. Regardless of what it looks like or how it happened, the truth is that any damage to car windows and particularly windshields should be repaired as soon as possible. But since this is not something drivers actively think about, it can…

VW battery plant gets up to $13B in federal money

By on April 29, 2023

Still, the size of the incentives is striking. The production support alone is expected to range from $8 billion to $13 billion over 10 years, depending on how much the plant produces and what happens with US policy. The contract is written so that Canada’s production subsidies will stay in place only as long as the Inflation Reduction Act is in force. If the US reduces its incentives for clean manufacturing, Canada’s will go down proportionally. On top of that, Canada is offering about $700 million in capital expense grants to Volkswagen through its Strategic Innovation Fund. And there may…

Are You More Likely To Crack Your Windshield in Arizona?

By on April 10, 2023

Arizona is known for its sunshine and heat. As a result, many vehicles succumb to the extreme temperatures with auto glass damage. In fact, drivers in Arizona are more likely than drivers in any other state to need their windshield repaired. Why does Arizona fall into first place when it comes to windshield damage? Read on to find out why and how you can minimize the impact. Four Reasons Why AZ Windshields Crack 1.The 101 This highway is known for construction and is responsible for many broken windshields in Arizona. During construction, all sorts of debris flies from the road,…

Why You Shouldn’t Wait to Fix a Damaged Windshield

By on April 4, 2023

We’ve all seen other drivers going down the road with a cracked or otherwise damaged windshield. Perhaps you’ve even done it yourself. As long as you can see, why should you worry about fixing something right away? Unfortunately, procrastination can be one of your worst enemies when it comes to repairing your windshield. The following are several reasons you shouldn’t wait to get your windshield repaired. Poor Visibility Car manufacturers spend a lot of time designing their cars with safety in mind. This extends to the design of the windshield as well. While a small chip may not affect your…