Volkswagen will reduce production next week at its main plant in Wolfsburg, Germany, as the global shortage of microchips and electronic components continues to hit the automaker.
Hyundai Recalls 95,500 Tucson and Sonatas
Hyundai Motor America is recalling more than 95,500 U.S. vehicles for an engine defect that can increase the risk of a fire. The recall covers certain 2017 Tucson compact crossovers and 2017 Sonata Hybrid midsize sedans equipped with 2.0-liter Nu GDI engines produced by the automaker’s engine plant in Ulsan, South Korea, according to a document submitted to NHTSA.
Dealers and vehicle owners will receive recall notifications starting Nov. 12.
Dealerships will inspect the engines to determine whether there is any bearing damage. If damage is found, the engine will be replaced.
Sep 2021
GM Extends Downtime at Crossover Plants
General Motors said it is extending downtime at several crossover assembly plants in North America as the global microchip shortage drags on, but production at plants that make its lucrative full-size pickups and SUVs will continue.
Lansing Delta Township Assembly: The Michigan plant will take an additional week of downtime, with production slated for Oct. 4th. Production has been down since July 19th. Lansing Delta Township builds the Chevy Traverse and Buick Enclave.
Lansing Grand River Assembly: The Michigan plant will extend downtime for Chevy Camaro and Cadillac CT4-V Blackwing and CT5-V Blackwing production through Oct. 1st. Regular CT4 and CT5 production will also be down through Oct. 1st, as scheduled.
Fairfax Assembly: The Kansas City, Kan., plant is slated to resume production of the Cadillac XT4 on Monday. Chevy Malibu downtime will be extended through Oct. 29th. The plant has been down since Feb. 8th.
Wentzville Assembly: The plant in Missouri will be down next week, as planned, and is scheduled to restart production Sept. 27th. The plant has been down since Sept. 6th. Wentzville builds the Chevy Colorado and GMC Canyon midsize pickups and the Chevrolet Express and GMC Savana full-size commercial vans.
CAMI Assembly: The plant in Ingersoll, Ontario, will add downtime through Oct. 15th. The plant, which builds the Chevy Equinox, has been down since mid-July.
San Luis Potosi Assembly: The Mexico plant will be down through Oct. 15th. San Luis Potosi builds the Equinox and GMC Terrain.
Ramos Arizpe Assembly: The Mexico plant will add another week of downtime for Chevy Blazer production through Oct. 1st. Blazer production has been down since Aug. 23th. Equinox production, which has been idled since Aug. 16th, will extend its downtime through Oct. 15th.
Bolt downtime
GM also extended a production halt at Orion Assembly in Michigan, which builds the Chevy Bolt EV and EUV. The plant will be down through Oct. 15th as a result of a battery pack shortage. GM recalled all Bolts last month for fire risk and plans to spend about $1 billion on the expanded recall, on top of the $800 million it spent last quarter.
Stellantis Adds Additional Week of Downtime for Minivan Plants
Stellantis has added another week of downtime at its minivan plant in Windsor, Ontario, due to the ongoing global shortage of semiconductors. The plant will be idled the week of Sept. 27th.
Stelllantis also idled its Belvidere, Ill., plant for another week, through Oct. 1st.
Sep 2021
Ford Halts Maverick Hybrid Production
Ford Motor Co. has temporarily halted the scheduling of new Maverick hybrid pickup orders beyond the units it has already sold due to a parts availability issue, the automaker confirmed Wednesday. The automaker allegedly sent dealers earlier this week that the production of future Maverick hybrid orders will not be scheduled “until further notice.” Ford, which did not confirm the dealer memo.
CEO Jim Farley tweeted in late August that Ford had topped 100,000 reservations for the Maverick, although Ford has not said how many reservations have been converted into actual orders.
Ford Extends Downtime to 4th Week
Ford Motor Co. will extend downtime at its Kansas City Assembly Plant in Claycomo, Mo., which builds the F-150 and Transit van, to a fourth-straight week because of the ongoing global semiconductor shortage.
Sep 2021
GM Schedules Additional Downtime
Fort Wayne Assembly in Indiana and Silao Assembly in Mexico will halt production next week and are expected to resume production of the Chevrolet Silverado and GMC Sierra on Sept. 13th.
Wentzville Assembly: The plant in Missouri will shut down Monday, with production slated to resume Sept. 20th. Wentzville builds the Chevy Colorado and GMC Canyon midsize pickups and the Chevrolet Express and GMC Savana full-size commercial vans.
CAMI Assembly in Canada and San Luis Potosi Assembly in Mexico: The plants will take two additional weeks of downtime through Oct. 1st. Both plants produce the Chevy Equinox, which hasn’t been built since mid-August. San Luis Potosi also builds the GMC Terrain.
Lansing Delta Township Assembly: The Michigan plant will add two weeks of downtime, with production slated for Sept. 20th. It builds the Chevy Traverse and Buick Enclave.
Spring Hill Assembly: The Tennessee plant will take two more weeks of downtime, aiming to resume production Sept. 20th. The plant builds the GMC Acadia and the Cadillac XT5 and XT6.
Ramos Arizpe Assembly: The Mexico plant will add two weeks of downtime for Chevy Blazer production through Sept. 17th. Equinox production, which has been idled since Aug. 16th, will be down through Oct. 1st.
Sep 2021
Ford Extends Downtime at F-150 Plants
The automaker said in a memo that the truck side of its Kansas City Assembly Plant, where workers build the F-150 pickup, will remain down the week of Sept. 6th. Truck production there has been idled the past two weeks.
Ford’s other F-150 plant, Dearborn Truck, will remain on one shift the week of Sept. 6th after falling to one shift this week.
Kentucky Truck, which builds Super Duty pickups alongside Expedition and Navigator SUVs, will fall to two shifts the weeks of Sept. 6th and Sept. 13th.
Aug 2021
Used Vehicle Market
For the 2nd month in a row, average wholesale used vehicle prices fell on a month-over-month basis in July and appear to have moderated to what are still historically high levels well into August. Retail used vehicle sales and CPO sales have also moderated from their spring peaks but remain at high levels.
According to KAR Global Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model class, wholesale prices in July averaged $14,250, down 2.7% compared to June, up 6.5% relative to July 2020, and up 24.4% compared to pre-COVID/July 2019. All segments except fullsize vans and compact pickups, which are small segments volume-wise, showed month-over-month declines in average prices.
After rising rapidly through the spring months, price increases have generally moderated to an overall level of nearly 40% above pre-COVID averages. Pickup trucks have seen the greatest price moderation.
Based on NADA data, retail used vehicle sales by franchised and independent dealers in July were up 7.5% month-over-month but down 2.7% year-over-year. Year-to-date through July, sales are up 15.2% versus 2020 and 2.1% compared to 2019/pre-pandemic levels. Similarly, CPO sales were up 4.0% from the prior month but down 2.7% versus last year, according to figures from Autodata. On a year-to-date basis through July, CPO sales remain up 14.4% compared to last year and 4.3% versus 2019.
Ford Recalls 16k F-150s
Ford is recalling 16,430 F-150 SuperCab trucks from the 2021 model year over an issue with seatbelt installation. The webbing of the seatbelt may have been incorrectly routed through a rubber trim sleeve instead of an anchor as it should have been, and in the instance of a crash, the seatbelt may be unable to properly restrain the driver and passenger, increasing chances of injury.
This recall is only for the F-150 SuperCab trucks; regular-cab and crew-cab vehicles are not affected. Ford will be mailing owners information that will advise and instruct them to check their front-row seatbelts.
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