5 trends shaping the auto industry in 2022 – Brian Finkelmeyer

5 trends shaping the auto industry in 2022 – Brian Finkelmeyer

Throughout the previous few yrs, there has been a good deal of conversation surrounding new vehicle inventory and price ranges. Now that we’re in the 1st quarter of 2022, what essential items can dealers do to remain forward? Currently on Inside of Automotive, we’re joined by Brian Finkelmeyer, Senior Director of New Car or truck Alternatives at Cox Automotive, to talk about new automobile traits for 2022.

From Finkelmeyer’s viewpoint, the automotive marketplace is in a circular pattern of very low new automobile stock and substantial consumer desire. Several auto dealers are still managing with single-digit day supplies and the current U.S.-Candian border protests are slowing matters down more. On the need side, Finkelymeyer says there has been a very little softening of purchaser sentiment that is probably caused by the worldwide economic hardships surrounding Russia’s invasion of Ukraine.

Consumers nevertheless appear to be to be extra than eager to spend comprehensive sticker selling price, or shut to it, for new autos. In truth, info reveals that pre-pandemic, 75{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of new vehicle consumers paid out beneath MSRP for their automobiles. Right now, 75{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} are paying out accurately the MSRP or previously mentioned. Despite this, Cox Automotive’s 2021 Car or truck Purchaser Journey Study unveiled that individuals are still additional pleased with their procuring experiences than they had been pre-pandemic.

Sector gurus including Cox Automotive’s Main Economist, Jonathan Smoke are stating provide problems will increase but it’s possible not for at the very least 6 to eight more months. Car or truck dealers will have to have to be strategic in purchase to attain a foothold with their stock for the Spring advertising time. Finkelmeyer claims auto dealers must take into account these three issues when it comes to controlling stock right now.

  1. Gross earnings vs. turn. Brands are fulfilling dealers who change and earn the quickest. Button up on your reporting the working day in advance of the allocation operates.
  2. Be mindful of aging automobiles and inventory updates on your web page. On normal, 15{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of stock revealed on a dealer’s internet site is 90 times or more mature.
  3. Around 42{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of dealers’ utilised auto stock will come from trade-ins and new vehicle gross sales. It is a vital piece of the business enterprise that allows make the in general profitability of a retail store.

The EV marketplace is still tiny but it is a intense and feisty section. In January of 2022, all around 4.1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of new auto profits had been EVs. This will be an interesting year for the business, states Finkelmeyer. A amount of EV launches are scheduled to choose place, but customer adoption is nevertheless questionable. Many of these launches are for entire-size EV pick-ups. Will that be plenty of to sway the average buyer? Only time will notify.

A person of the more intriguing developments with Tesla is their acquire about of the luxurious current market in 2021. Tesla outsold Lexus, BMW, and Merced-Benz regardless of not remaining available for acquire or shipping in every state. It is undoubtedly shaping up to be a interesting yr in automotive.

The 2022 NADA Clearly show is right all-around the corner and Finkelmeyer is psyched to get again to in-individual activities. On the agenda for Cox Automotive is new product launches from vAuto such as ProfitTime® GPS, which can help auto dealers improve their used auto acquisition tactic. vAuto is also increasing its ProfitTime® and Conquest™ platforms with Intelligent Advertising to simplify auto dealers’ digital merchandising attempts. Cox Automotive isn’t stopping there however, the firm also announced its new wholesale sector solution, Upside™, previously nowadays.

Click listed here to discover more and timetable your personalized consultation now!


Did you get pleasure from this interview with Brian Finkelmeyer? You should share your views, remarks, or inquiries relating to this subject matter by publishing a letter to the editor listed here, or connect with us at newsroom@cbtnews.com.

Be sure to adhere to us on Fb and Twitter to remain up to day or catch up on all of our podcasts on need.

When you’re right here, do not fail to remember to subscribe to our email newsletter for all the most up-to-date car sector news from CBT News.

dealers

Nutson’s Wekly Auto News Wrap-up February 20-26, 2022

Nutson’s Wekly Auto News Wrap-up February 20-26, 2022


PHOTO

PHOTO

AUTO CENTRAL CHICAGO – February 27, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending February 26, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* U.S. DoE factoid of the week: The Environmental Protection Agency maintains a listing of “off-cycle” vehicle technologies that reduce emissions but are not sufficiently accounted for in city and highway test cycles. These technologies include active aerodynamics, thermal control technologies, active warm up, engine idle stop-start, high efficiency lighting and alternators. Manufacturers can gain credit toward meeting their emissions requirements by adopting these technologies and several saw widespread adoption by vehicle manufacturers for the 2020 model year. The use of thermal glass or glazing to reduce transmission of heat from the sun reached a production share of 89{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}, followed by high efficiency lighting at 85{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} and passive cabin venting at 78{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. The oft not-loved Engine Idle Stop-Start system had a production share of 50{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

* For the eighth consecutive week, the nation’s average gas price has climbed, rising 3.2 cents from a week ago and stands at $3.52 per gallon according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 20.7 cents from a month ago and 88.9 cents per gallon higher than a year ago. The national average price of diesel has risen 5.7 cents in the last week and stands at $3.93 per gallon, the highest since May 20, 2014. Oil prices have seen a see-saw between two different situations. Oil is rising due to the Russian incursion, and falling on the potential Iran nuclear deal unleashing Iran’s crude oil.

* The Insurance Institute for Highway Safety is recognizing 65 models with the 2022 TOP SAFETY PICK+ award, as improved headlight offerings boost more vehicles into the top tier. Another 36 models earn the lower-tier TOP SAFETY PICK award for a total of 101 winners overall. This time last year, there were 90 winners, including 49 earning TOP SAFETY PICK+. Hyundai Motor Group, which includes the Hyundai, Kia and Genesis brands, has the most 2022 awards overall and the most awards in each category — 11 TOP SAFETY PICK+ and 10 TOP SAFETY PICK awards for a total of 21. Volkswagen Group, which includes the Volkswagen and Audi brands, is not far behind with eight TOP SAFETY PICK+ and three TOP SAFETY PICK awards. Volvo earns 10 TOP SAFETY PICK+ awards. See the full report here.

* Automotive consulting firm AutoPacific just issued its forecast of fully electric light vehicle sales in the U.S. of around 700,000 units in 2022 with strong annual increases throughout the 6-year forecast period. The forecast comes as consumer demand for EVs is also at its highest yet, having spiked significantly in the past two years.

* DeLorean will return as an electric vehicle, according to various reports including a recent story in the San Antonio Business Journal, which says DeLorean Motor Co., now known as DeLorean Motors Reimagined, plans to hire 450 people for its new home in Port San Antonio. DeLorean teased its return to the automotive market with a 30-second advertisement that aired in selected markets as part of Super Bowl LVI pre-game coverage.

* Volkswagen has launched the countdown for the electric ID. Buzz! The World premiere of the zero-tailpipe-emission ID. Buzz is scheduled for March 9th. Two versions to be sold in Europe. The new electric Bus debuts this year as ID. Buzz and ID. Buzz Cargo. Production of the ID. Buzz starts in the first half of this year, and the European launch follows just a short time later in the Fall. The ID. Buzz is also set to be sold as a long-wheelbase model in the U.S. The Volkswagen ID. Buzz will make its first-ever U.S. public appearance at SXSW from March 11-20, 2022.

* Raptor everything! The 2023 Ford Ranger Raptor made its debut and it’s coming to the U.S. with a 392-horsepower twin-turbo 3.0-liter engine paired up with a 10-speed automatic. So get ready to fly across the Mojave Desert. It’ll arrive next year.

* The cargo ship carrying a load of VW Group vehicles continued to burn all week with less intensity. By week’s end fire crews were able to board the vessel to douse hot spots. The cause of the fire is not yet determined. Battery electric vehicles on board had made the fire difficult to extinguish. VW, Audi, Porsche, Bentley and Lamborghini dealers are scrambling to try and find replacement vehicles for their customers. The latest estimate of the total loss is $335 million.

* French authorities are installing “sound radars” in some cities to detect and photograph vehicles making excessive noise, which they say is a public health hazard. New sensors, or “sound radars,” were placed in seven cities last week as an experiment. The sensors can detect and take pictures of vehicles making excessive noise, a problem that officials say has gotten worse in recent years. The hope is to eventually set a noise-pollution limit and fine those motorists exceeding it.

* Ford is recalling more than 330,000 Mustangs in the U.S. to fix backup camera displays that go blank or become distorted. The recall covers cars from the 2015 to 2017 model years. The rear view camera wiring can become loose or damaged, causing the problem.

* Ford is also recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a loss of power. The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts.

* Stellantis NV has issued a temporary stop sale on a limited number of Jeep Grand Cherokee vehicles for a problem preventing the vehicles and their key fobs from communicating. Customers have reported being locked out of their vehicles and unable to start them. Both the two-row Grand Cherokee and the three-row Grand Cherokee L are affected. Parts to fix the problem are being expedited to dealers.

* From ClassicCars.com we read Denise McCluggage will be inducted into the Motorsports Hall of Fame of America in early March as a member of a Class of 2022 that also includes Pete Brock, Helio Castroneves, Jack Roush and Banjo Matthews. While she won’t be there, she died in 2015 at the age of 88, the car in which she won her first race will be. The car, a Jaguar XK140, was a gift from Briggs Cunningham, the wealthy American sportsman she met in the early 1950s while covering a yacht race as a reporter for the San Francisco Chronicle.

* The Automotive Hall of Fame in Dearborn, Michigan, has announced its 2022 inductee class: The Green Book publishers Alma and Victo Green; Lamborghini founder Feruccio Lamborghini; motorsports pioneer Lyn St. James; Lu Guanqui, founder of Chinese automotive supplier Wanxiang; and Taicho Ohno, pioneer of the Toyota Production System.

* Luc Donckerwolke, Hyundai Motor Group’s Executive Vice President for Design and Chief Creative Officer has been named 2022 World Car Person of the Year by the The World Car Awards jury panel representing 102 journalists from 33 countries. The 2022 World Car Awards program will end at the New York Auto Show on April 13, 2022 with the announcement and presentation of the: World Car Design, World Luxury Car, World Performance Car, World Urban Car, World Electric Vehicle and World Car of the Year.

* On the 85th birthday of his car owner, Roger Penske, 23-year-old NASCAR Cup Series rookie Austin Cindric beat Bubba Wallace to the finish line by .036 seconds in overtime to win last Sunday’s 64th running of the Daytona 500. Cedric piloted the Discount Tire sponsored No. 2 Team Penske Ford to a packed house at Daytona. It was the first big race for NASCAR’s Next Gen race car. It was the first time a rookie won the Daytona 500 since 2011.

* Michael Andretti is targeting expanding his motorsport portfolio into Formula 1 in time for the 2024 season. Formula 1 has featured 10 teams since 2017, with the most recent addition being the US firm Haas, but the regulations allow for as many as 13 entrants. Andretti Autosport’s empire includes teams in the NTT IndyCar Series and Formula E, but it has recently targeted a further expansion into Formula 1. Andretti had submitted an entry to the FIA to field a new F1 team, starting in 2024, under the name of Andretti Global. The application requires approval from Formula 1’s governing body the FIA.

Stay safe. Be Well.

Houston Area Residents Charged with Unlawfully Possessing Full Auto Switches | OPA

Houston Area Residents Charged with Unlawfully Possessing Full Auto Switches | OPA

A federal grand jury has returned an indictment versus the male accused of shooting 3 Houston law enforcement officers as perfectly as quite a few unrelated instances involving illegal possession of firearms with “Glock switches” or other violations, introduced U.S. Lawyer Jennifer B. Lowery along with Unique Agent in Cost Fred Milanowski of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Chief Troy Finner of the Houston Law enforcement Section (HPD), Sheriff Ed Gonzalez of the Harris County Sheriff’s Office environment (HCSO) and U.S. Marshal Michael O’Conner of the U.S. Marshals Company (USMS).

“The rates introduced these days are a sobering reminder of the potential risks faced day-to-day by law enforcement officers about this place,” mentioned Deputy Lawyer Normal Lisa O. Monaco. “The defendant allegedly shot and wounded three HPD officers with a pistol that was transformed into a machine gun. The Office of Justice is centered on using violent criminals off the street and performing so by doing the job aspect by aspect with our condition and regional legislation enforcement partners.”

Comprehensive car switches, or equipment guns, are most generally referred to as “Glock switches.”

Roland Caballero, 31, of Houston, is presently in state custody on related prices and will make an overall look in Houston federal court docket at a later on day. He is charged federally with carjacking, discharge of firearm in the course of a crime of violence, possession of a machine gun and getting a felon in possession of a firearm.

The prices in opposition to Caballero allege he was in an altercation with his girlfriend which resulted in a 911 phone on Jan. 27. Authorities responded, but he fled, according to the felony criticism originally submitted in the situation, and officers pursued. In accordance to the costs, Caballero inevitably crashed his vehicle, at which time he shot at and wounded 3 HPD officers utilizing a pistol modified with a full automobile switch.

Caballero then fled the scene on foot and carjacked a close by auto, in accordance to the criticism. Nevertheless, the prices allege legislation enforcement positioned him and a stand-off ensued. He, all over again, allegedly discharged a firearm at authorities, right after which he in the long run surrendered.

The indictment further more alleges lookup warrants carried out at his residence resulted in the discovery of quite a few firearms, ammunition, device gun factors and 3D printers.

In addition to the costs from Caballero, federal grand jury returned indictments on Feb. 16 against 19 men and women for illegal possession of an unregistered device gun, possession of a equipment gun or being a felon in possession of a firearm. Five of these charged were being established to make their initial appearances these days just before U.S. Justice of the peace Decide Christina A. Bryan at 2:00 p.m. EST.

Those fees resulted from different targeted visitors stops or responding to scenes, during which authorities discovered the unlawful firearms by undercover investigations or as a result of other proactive enforcement attempts.    

If convicted of illegal possession of an unregistered machine gun, possession of a device gun, or felon in possession Caballero faces up to 10 a long time in federal prison. Caballero faces a bare minimum of 30 a long time up to daily life in jail if convicted of carjacking with the use of a device gun. All fees also have a possible $250,000 optimum fine, upon conviction.

ATF, HPD, HCSO and USMS performed the Caballero investigation as nicely as all or some of the other issues with support of Galveston Law enforcement Department, Harris County Precinct 2 Constables Business, Texas Division of General public Safety and Brazos County Sheriff’s Workplace. Assistant U.S. Lawyers for the Southern District of Texas in the violent crimes segment are prosecuting the scenarios.

An indictment is just an allegation and all defendants are presumed innocent till proven responsible beyond a sensible question in a court of law.

Nutson’s Weekly Auto News Wrap-up: February 20, 2022

Nutson’s Weekly Auto News Wrap-up: February 20, 2022


PHOTO


PHOTO

AUTO CENTRAL CHICAGO – February 20, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending February 20, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* Was the Super Bowl game better than the commercials? There were no fewer than five electric vehicle commercials broadcast during the game. The average Super Bowl spot this year cost a record $6.5 million for 30 seconds, so it’s telling that General Motors, BMW, Kia, and Polestar have gone all in on ads featuring electric cars and SUVs. Nissan, one of the few car companies that chose not to solely advertise an EV, gave its electric SUV Ariya a brief cameo.

* U.S.DoE factoid of the week: The United States imports many of the minerals used in EV batteries, such as cobalt, graphite, lithium, manganese, and nickel, with lithium being the predominant mineral. Although use of these minerals is not restricted to battery production for EVs, they are nonetheless important for meeting the increasing demand for EV production. From 2016-2019, over 90{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of the lithium imported to the United States came from Argentina (55{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}) and Chile (36{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}). During this same time period, Gabon produced 69{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of the manganese imported to the United States, while imports of cobalt, graphite and nickel were not as heavily dependent on a single country. In terms of U.S. net import reliance, 100{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of graphite and manganese was imported, 76{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of cobalt was imported, and about 50{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of lithium and nickel was imported in 2020.

* Quote of the week: “We urge investors to dial-back expectations of autonomous car/robotaxi commercialization at scale over the next 5 years at least.” Morgan Stanley’s Adam Jonas on the hype surrounding self-driving vehicles. Hat tip to Phil LeBeau of NBC News.

* Reuters reports that Ontario and Windsor Canada authorities cleared out truckers blockading the Ambassador Bridge between Windsor and Detroit, reopening a critical link in the North American auto manufacturing supply chain. Auto plants that shut down because parts could not move across the bridge should be able to reopen, though Toyota and Honda said production will be curtailed this week.

* The world’s power grids were not designed to replace the energy for transportation that is currently supplied by petroleum. In Europe, utilities and charging startups are behind in a race to deploy smart charging technology that can automatically program EVs to pull current from the grid at off-peak hours, and return electrons to the grid if demand from homes and workplaces spikes. A study by Ernst and Young warns Europe’s grid faces an “enormous challenge” if Europeans actually hit an EU goal to deploy 130 million EVs by 2035. This news from Reuters.

* MotorTrend announced that the Porsche 911 GT3 has been named MotorTrend’s 2022 Performance Vehicle of the Year. MotorTrend says the competition was fierce for this inaugural award, with the GT3 besting twenty-one other contenders including the Lamborghini Huracán STO and the Mercedes-AMG GT Black Series.

* The latest Kelley Blue Book Brand Watch Report for Q4 2021 is out. The year closed out with a new leader in non-luxury brand consideration, with Ford – fueled by hot new products and more plentiful inventory – dethroning longtime leader Toyota, which previously held the top spot for nearly four years straight. Among luxury shoppers, Lexus eked past BMW as the most-considered brand, while Tesla remained hot on their heels.

* GM plans to resume production of the Chevrolet Bolt EV and larger Bolt EUV on April 4 after many months of production stoppage. It is the longest-known production stoppage for a safety defect in GM’s history. Production was stopped in August as GM gave priority to provide new batteries to recalled customer-owned Bolts. GM recalled more than 140,000 Bolts to replace battery modules after a series of fires.

* State Farm and Ford announced the launch of Drive Safe & Save Connected Car usage-based insurance (UBI) for customers with eligible connected Ford or Lincoln vehicles. State Farm customers with eligible connected vehicles can opt into the State Farm UBI program, Drive Safe & Save, which adjusts premiums to an individual vehicle’s mileage and customer driving behavior. State Farm will debut Drive Safe & Save Connected Car in Alaska, Idaho, Montana and Oregon, for policies effective on or after Feb. 27, 2022, followed by a rollout across more states (excluding Calif., Mass. and R.I.). You will need to let big brother watch over you for this program.

* Michigan U.S. Rep. Brenda Lawrence sent a letter signed by 65 other House members urging the Department of Transportation to update safety standards to require the use of accurate female crash test dummies. There is no crash test dummy that represents the average female body used in car safety testing, despite women making up more than half of all licensed U.S. drivers. Experts say that may contribute to a disparity in crash outcomes: Women get in fewer car accidents than men. But when they do, they’re up to 73{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} more likely to be injured and 28{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} more likely to die, according to data from the Insurance Institute for Highway Safety.

* Joe White at Reuters shared that in a Reddit chat covered by Automotive News VW Chairman Herbert Diess suggests VW is considering a new electric station wagon derived from the Space Vizzion concept (attention shooting-brake obsessed auto writers,) and the CEO responded to a question about an electric VW pickup truck for the United States with an enthusiastic “Good idea!” VW has been shut out of the U.S. pickup market in part because of the ancient 25{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} “chicken tariff” the U.S. imposes on imported trucks, a legacy of a 1960s U.S.-Europe trade war. The success of Ford’s compact Maverick compact (Euro-sized) pickup and the huge interest in Tesla’s Cybertruck and the electric F-150 must be getting attention in Wolfsburg. And we add, VW owns Navistar which owns the international Harvester name.

* Diess also said the Beetle might return in an all-electric version using VW’s scalable MEB platform. Ironically, when the new Beetle appeared as the Concept 1 back in 1994 the original design idea by J Mays and Freeman Thomas was for it to be an all-electric car. But, that never happened.

* PPG, the paint company, said 67{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of the vehicles sold in 2021 were white, black or grey. The share of red cars decreased by 1 percentage point to just 7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. PPG tried to put a happy face on this, saying two-tone paint jobs are rising in popularity. A lot of color choice has to do with what dealers order for inventory that they know they can sell easily. Will we see more color variety on the road when more new vehicle buyers place orders with an automaker?

* A cargo ship carrying about 3,965 Volkswagen Group vehicles—VW, Audi, Porsche, Bentley and Lamborghini, destined for North America was abandoned in the Atlantic about 1,000 miles off the coast of Portugal after a fire broke out in the hold. The 650-foot-long Felicity Ace has a crew of 22 that have all been rescued safely.

* Subaru climbed two spots to first place in Consumer Reports’ annual ranking of the most well-performing, safe and reliable automotive brands. The rest of the top ten are: Mazda, BMW, Honda, Lexus, Audi, Porsche, Mini, Toyota and Infiniti. The Ford Mustang Mach-E was selected by the group as one of its Top Picks, climbing ahead of Tesla. See more details here: https://www.consumerreports.org/cars-best-cars-top-picks-2022/

* Blinded by the light no more. The National Highway Traffic Safety Administration issued a final rule allowing “adaptive driving beam headlights” on new vehicles. It will go into effect when published in the Federal Register in the next few days. The headlights, commonly used in Europe, have LED lamps that can focus beams on darkness such as the driver’s lane and areas along the roadside. They also lower the intensity of the light beams if there’s oncoming traffic. Camera sensors and computers help determine where the light should go.

* Dodge is putting its money where its parts are when it comes to Direct Connection, the brand’s exclusive new source of factory-backed performance parts. The Direct Connection Contingency Program will offer Dodge Challenger Mopar Drag Pak racers $10,000 to win at National Hot Rod Association (NHRA) Factory Stock Showdown and National Muscle Car Association (NMCA) Factory Super Cars events, giving Drag Pak competitors multiple shots at taking home a five-figure winner’s purse during the 2022 season. The $10,000 purse, the largest available contingency award from a manufacturer in both NHRA Factory Stock Showdown and NMCA Super Cars classes, will be up for grabs for Drag Pak drivers at 14 total events. The NHRA Factory Stock Showdown schedule includes eight stops during the 2022 season, while NMCA Factory Super Cars will feature a slate of six races.

* NASCAR will begin a new season — and a new era — today, Sunday February 20, at the 2022 Daytona 500. The race will be the first full event for the new Next Gen cars. The race is sold out. The stands are full There are no covid restrictions and limits. Forty cars will roll onto the starting grid for the 64th edition of the Great American Race. Reigning Cup Series champion Kyle Larson earned the pole position in single-car qualifying. The Hendrick Motorsports driver turned a 49.680-second lap (181.159 mph average speed) on Daytona’s 2.5-mile superspeedway oval.

* Autoweek paid tribute to Bill Robinson, whose career spanned a time of remarkable change, and whose influence extended beyond his own work. His story shows how people still make a difference in an industry that is heavily focused on hardware. Robinson began his career as an automotive designer in 1948, went on to work on the classic Packards of the 1950s. Later, he became a teacher at the College for Creative Studies, the automotive design school in Detroit. At CCS, Robinson was a mentor to a generation of aspiring designers who have since become leaders in the industry, including Ralph Gilles of Stellantis and Richard Vaughan of Rivian. Robinson died this week at 96.

* Autoweek also sadly reports Kevin Olson, a two-time USAC National Midget Champion, was killed in a car crash on February 11 in Janesville, Wisconsin. The head-on crash also critically injured wife Nancy, according to multiple reports. Olson, 70, had retired from racing in 2020, according to the Gazette, in Janesville. Olson, who resided in Evansville, Wisconsin, is a member of both the United States Auto Club (USAC) Hall of Fame and the National Midget Auto Racing Hall of Fame. He began his career on the national stage in a USAC National Midget race in 1972 at Springfield (Ill.) Speedway. His final national USAC National Midget race was 2014 at Sun Prairie, Wisconsin.

Stay safe. Be Well.

Have you downloaded AUTO TODAY February 2022 issue yet?

Have you downloaded AUTO TODAY February 2022 issue yet?

The February 2022 problem of Auto Currently magazine packs opinions of the approaching new Hyundai Tucson, Kia Carens, Skoda Kodiaq facelift and Mercedes-AMG E 63 S together with a BMW 2 Series Gran Coupe vs Mercedes-Benz A-Course Limo comparison street examination and a total whole lot extra.

Auto Today February 2022 free download

Automobile Now February 2022 situation functions the evaluation of the Kia Carens, exceptional initially push of the Hyundai Tucson and BMW C 400 GT 1st journey and more.

HIGHLIGHTS

  • To start with Push critiques – Kia Carens, new Hyundai Tucson, Skoda Kodiaq facelift, Audi Q7 facelift, Mercedes-AMG E 63 S and Tata Tigor CNG.
  • Initially Trip opinions – BMW C 400 GT and Yamaha R15 V4.
  • Road Test/comparison – BMW 2 Sequence Gran Coupe vs Mercedes-Benz A-Class Limousine.

January turned out to be a hectic month for the auto marketplace with loads of new launches and bulletins and we’ve packed all of it into the February 2022 challenge of Auto Now. Head to the backlink underneath to down load a duplicate.

http://www.autotodayindia.com/emag

For this month’s Top Story, we have rounded up all the new cars and trucks that are established to hit Indian roadways in the coming months. Our address story this time is the three-row Kia Carens – a fresh new new acquire on the men and women mover segment and a person that definitely seems to be really promising. Sharing room on the protect with the Carens is the fourth era Hyundai Tucson that will go on sale in India this year, but before that occurs, we have bought the unique Initial Generate critique for you. Alongside with these, the 1st Generate area also features critiques of the Skoda Kodiaq facelift and Audi Q7 facelift as both SUVs return to showrooms with a new petrol engine, refreshed appears and included attributes. We have also driven the Mercedes-AMG E 63 S, the hottest edition of the E-Class income can buy, as very well as the Tata Tigor CNG which is aimed at private car or truck potential buyers looking to reduce running fees.

Use the aforementioned url to download a duplicate of the February 2022 difficulty of Car These days Magazine.

In our Street Take a look at this thirty day period, the BMW 2 Collection Gran Coupe goes head to head with the Mercedes-Benz A-Course Limousine, and we notify you which of the two is the ideal entry-stage luxury sedan out there. The February 2022 problem characteristics all the winners and headline-makers from this year’s Dakar Rally, and we continue on the #BeTheBetterGuy marketing campaign with additional on how to be a improved driver on Indian streets. Switching from four wheels to two, there are First Rides of India’s most highly-priced scooter, BMW C 400 GT, and we also swing a leg over the hottest iteration of the Yamaha R15. As normally, there are updates on our very long expression automobiles and bikes as nicely as all the news and developments from the domestic, worldwide and electric powered automotive scene. Delight in the February ’22 concern of Vehicle Right now and right up until following time, experience and generate harmless.

https://www.youtube.com/look at?v=5YwiNLaNhYE

Click listed here for IndiaToday.in’s full coverage of the coronavirus pandemic.

TTWO Stock: The ‘Grand Theft Auto’ News Taking Take-Two Interactive Higher Today

InvestorPlace – Inventory Current market Information, Inventory Guidance & Investing Tips

Consider-Two Interactive (NASDAQ:TTWO) stock is rocketing bigger Friday adhering to information that a new Grand Theft Car recreation is in the will work.

Take-Two Interactive (TTWO stock) logo displayed on a smartphone

Source: rafapress / Shutterstock.com

Grand Theft Auto developer Rockstar Online games verified as a lot in a push launch these days. According to them, the game’s progress is now “well underway.” The developer is also promising to launch a lot more information when it can.

So why is this such a large deal for TTWO inventory? Get-Two Interactive owns Rockstar Game titles and Grand Theft Auto is the largest collection from the developer. A new release is certain to see key sales as supporters decide up the following sport in the collection.

Furthermore, it’s been a extended time given that avid gamers have gotten a new entry in the Grand Theft Automobile sequence. Grand Theft Automobile V arrived out all the way back in 2013 for the Xbox 360 and PlayStation 3. We have jumped forward two console generations because then with no new activity in the collection.

Even so, that does not suggest Rockstar Games hasn’t been trying to keep enthusiasts fast paced. The developer has produced Grand Theft Automobile V numerous moments since then to maintain it on fashionable consoles. It also has Grand Theft Vehicle On the web, which is the on the internet part of GTAV, to contemplate.

Grand Theft Automobile Online was launched at all-around the identical time as GTAV and has continued to be a moneymaker for the developer. The game provides in-application purchases and has been regularly current around the information with new material for gamers.

Even so, there is no denying that admirers are psyched about a new Grand Theft Automobile video game. So much so that Grand Theft Automobile VI is trending on Twitter (NYSE:TWTR) today.

TTWO inventory is up 5.2{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} as of Friday afternoon.

There’s much more inventory current market information that traders will want to know about now.

The good news is for them, we have obtained all the most recent inventory stories traders require for Friday. That includes what is going on with shares of Sphere 3D (NASDAQ:ANY), Ford Motor (NYSE:F), and Invoice.com (NYSE:Invoice) today. You can locate all of that details at the next back links!

Far more Friday Stock Industry Information

On the day of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this post. The opinions expressed in this short article are individuals of the author, subject to the InvestorPlace.com Publishing Recommendations.

The write-up TTWO Stock: The ‘Grand Theft Auto’ Information Having Just take-Two Interactive Better Now appeared initially on InvestorPlace.

The sights and viewpoints expressed herein are the sights and opinions of the author and do not necessarily reflect individuals of Nasdaq, Inc.