Ford cuts F-150 output for 2 more weeks amid chip shortage

DETROIT — Ford Motor Co. on Wednesday announced more downtime at a number of key assembly plants, including two more weeks for the F-150 pickup -- the top-selling vehicle in the U.S. -- due to the ongoing semiconductor shortage.

In a memo to employees obtained by Automotive News and confirmed with the company, Ford said the Chicago and Flat Rock, Mich., plants as well as both the F-150 and Transit van sides of its Kansas City, Mo., plant will be down the weeks of April 19 and 26. Production at its plant in Avon Lake, Ohio, will be limited to Super Duty chassis cabs and medium-duty trucks those weeks.

The downtime is in addition to what the company announced last week.

Additionally, Ford said its Kentucky Truck plant in Louisville will be down the weeks of April 26 and May 3 and will remove overtime from May 8 to 31.

Industry research firm AutoForecast Solutions estimated lost production of almost 408,000 vehicles for Ford due to the shor…

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Experts seek to address connected-, autonomous-vehicle energy consumption

Connected and autonomous vehicles bring a lot of benefits to the transportation and mobility spaces.

But broader deployment and adoption of these advanced vehicles could impact the overall energy consumption of these sectors, industry experts warned during a panel that was part of SAE International's WCX Digital Summit this week.

A vehicle's level of automation, type of connectivity, class, powertrain type and the type of connected or automated functions it has can all influence its energy consumption, David Anderson, program manager for energy efficient mobility systems at the U.S. Department of Energy, said Wednesday in a session on the energy implications of connected and autonomous vehicles.

Technology adoption, the operating environment and vehicle test procedures all have an impact as well, he said.

A lot of opportunities for reducing energy consumption can come specifically from the light-duty sector, said Chris McCarthy, autonomous vehicle…

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GM to announce second U.S. battery plant, in Tenn., with LG Chem, report says

General Motors and South Korean joint-venture partner LG Chem Ltd. will announce a second U.S. battery cell manufacturing plant on Friday, revealing plans for a $2.3 billion factory in Spring Hill, Tenn., three people familiar with the matter said.

The plant will use a different, more cost-effective battery chemistry than the one the companies will offer from the joint-venture plant they are building in Lordstown, Ohio, the sources said on Wednesday.

The battery will be for the Cadillac Lyriq electric crossover vehicle that GM will begin building at its nearby Spring Hill assembly plant next year, the sources said.

The timing of the Tennessee battery plant's opening is unclear, but there will be a period when the battery is supplied for the Lyriq by another LG facility until the Tennessee plant opens and it will not come from Lordstown, one of the sources said.

GM would not confirm the details and declined further comment, and a spokesman for LG d…

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Audi attacks EV mass market with Q4 e-tron

Audi is aiming at buyers in the upper end of the compact segment for full-electric vehicles with the Q4 e-tron unveiled Wednesday, while adding a key entry-level EV to the brand’s expanding lineup of battery-powered vehicles.

It’s the first Audi based on parent Volkswagen Group’s MEB electric-only platform that also underpins the VW ID3 compact hatchback and ID4 compact crossover.

The Q4 e-tron and the coupe-styled Q4 Sportback e-tron are built in VW’s plant in Zwickau, Germany, alongside the ID3 and ID4. Production started in March.

They have an 82-kilowatt-hour battery pack and two electric motors for a combined output of up to 295 hp and a range of up to 520 km (323 miles) under Europe's WLTP tests. The EVs will rival the Tesla Model Y as well as more mainstream electric crossovers such as Nissan’s forthcoming Ariya.

The Q4 e-tron and Q4 Sportback e-tron are expected to arrive in the U.S. toward the end of the year, Audi said in a statement. P…

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Battery recycling startup plans new U.S. plant to feed EV boom

Canadian startup Li-Cycle Corp. plans a third battery-recycling facility in North America, doubling its capacity in the region as the global electric-vehicle boom gathers momentum.

The center, to be located near Phoenix, will be capable of processing up to 10,000 metric tons of end-of-life batteries and battery-manufacturing scrap per year, the company said in a statement Wednesday. That’s equal to about 20,000 electric vehicles, according to Tim Johnston, Li-Cycle’s co-founder and executive chairman.

Li-Cycle is among a handful of companies looking to cash in on demand for the recovered materials, with companies including Tesla Inc. expressing concerns over nickel supplies and the lithium market showing signs of tightening. As the first generation of EVs nears retirement, a big quantity of electronic scrap is expected to be created.

The site will be able to directly process full EV packs without any dismantling. It’s specifically designed to handle larg…

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DigniFi Partners with AutoNation and TR Wholesale Solutions to help customers finance tire purchases

SEATTLE, April 8, 2021 /PRNewswire/ -- DigniFi, an automotive financing platform, today announced an expanded partnership with AutoNation, Inc. (NYSE: AN), America's largest and most recognized automotive retailer, and TR Wholesale Solutions, a Tire Rack Company, known as America's largest direct-to-retailer tire business and independent tire tester. AutoNation uses TR Wholesale Solutions' digital tire shopping platform to help its Service Advisors and customers shop, compare and order tires. By introducing DigniFi into this experience, AutoNation and TR Wholesale Solutions' can help customers finance tires that offer superior safety and performance.

COVID-19 has changed how drivers approach vehicle repairs and maintenance. Between July and December 2020, AutoNation saw an increase in service financing. With record numbers of Americans out of work, drivers were hesitant to spend on high-ticket maintenance and repairs as well as new tires, which tend to be one of the l…

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700Credit announces soft pull integration with fusionZONE’s new FastLane Leads product

FARMINGTON HILLS, Mich., April 9, 2021 /PRNewswire-PRWeb/ -- 700 Credit, LLC, the leading provider of credit reports, compliance solutions and soft-pull products to automotive retailers, has announced a product alliance with fusionZONE Automotive's digital retailing solution, FastLane Leads. FastLane Leads simplifies the digital retail process and reduces form abandonment rates through its straightforward 4-step process. Dealers receive more qualified leads and the consumer is provided a more robust pricing offer.

The alliance allows fusionZONE to integrate the 700Credit QuickQualify soft-pull platform within FastLane Leads so consumers can receive accurate interest rates and payment quotes before they enter the finance office. Dealers receive the FICO score and full credit file without placing a hard inquiry on the consumer's credit file.

"Accuracy in the monthly payment quotes provided to the consumer by the FastLane Leads tool is critical to dealers completi…

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Automotive Briefing Report: Data precision emerges as critical success factor for automotive lenders

Automotive Briefing ReportApril 12, 2021

    Twelve months — and counting — through a pandemic era has done far more than simply disrupt normal business operations for the automotive industry. As a result, various stakeholders are revisiting fundamental assumptions that have been in place for years. The stress caused by uncertainty in the market has created a demand for a new level of transparency — driven by digital channels of engagement. This trend is structurally changing relationships among lenders, dealerships and consumers.

  Moving deeper into 2021, we expect to see continued challenges in the automotive industry including inventory shortages in both new and used vehicles, as well as supply chain disruptions. Lenders will have to access the best, most accurate and current information to achieve important business objectives. Analyzing the changing risk landscape to make smart decisions about loan portfolios will emerge as an importan…

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Toyota promotes veteran execs Murtha, Ingle to new roles

Toyota Motor North America has recast its head of strategy to a new role in its information technology division and promoted another executive to take over a reorganized strategy function.

Doug Murtha, 55, who joined Toyota's executive ranks in 1992, once led the former Scion division, and most recently worked as the group vice president for corporate strategy and planning, is now the group vice president and chief business information officer for information technology, the automaker said Tuesday.

Toyota says Murtha in his new role will "support planning, prioritization and realization of new value opportunities," including "driving critical change management activity at the intersection of IT and business." He will report to Chief Information Officer Holly Walters.

Meanwhile, Tim Ingle, 52, who joined Toyota in 2002 and worked most recently as vice president for finance at Toyota Motor North America, has been promoted to a new role as group vice presid…

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Detroit 3 execs join voting rights debate in Michigan

Top executives at the Detroit 3 and other Michigan business leaders have waded into the national debate over voting rights in the face of tighter restrictions signed into law in Georgia and new rules proposed in Michigan by Republican lawmakers.

On Tuesday, 37 CEOs and chairmen of some of the state's largest companies released a joint statement outlining broad principles they believe should be followed as Michigan lawmakers debate changes to election laws.

"Government must avoid actions that reduce participation in elections — particularly among historically disenfranchised communities, persons with disabilities, older adults, racial minorities and low-income voters," the statement reads. "Government has a responsibility to continuously improve and strengthen election administration, because public faith in the security and integrity of our elections is fundamental."

The list of signatories to the statement includes Ford Motor Co. CEO Jim Farley, General…

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Magna sees 2023 sales of $43 billion to $45.5 billion

Canadian auto supplier Magna International expects global sales to hit as much as $45.5 billion in 2023, according to company slides posted before the company's investor day on Tuesday.

The company said it expects sales to grow to a range of $43 billion to $45.5 billion in 2023, up from $32.6 billion in 2020, it said in slides posted online.

In its annual report issued last month, the supplier said it expects global light-vehicle production to grow six percent on average per year from 2020 through 2023.

“We expect our sales to grow 10-12 percent on average per year over that time frame,” the supplier said in the report.

However, that was before the global microchip shortage grabbed a hold of the industry, idling plants around the world for weeks at a time.

In that report, the supplier said that more than 90 percent of its 2023 sales were already booked, including:

EV battery enclosures that contribute to the structure of the vehicle, pr…
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