Toyota Recalls 243K Camry Vehicles for Faulty Power Brake Assist
Toyota Motor North America is recalling about 243,000 Camry midsize sedans globally from the 2018-19 model years for an issue that could lead to a sudden loss of power braking assist. Across North America, 238,000 vehicles are affected. Of the total number of vehicles being recalled, approximately 227,400 are in the U.S. specifically.
To fix the issue, dealers will inspect the vacuum pump and either repair or replace the part. Owners of the affected vehicles will be notified in January.
Nov 2021
Stellantis Early Cut Off
Due to unprecedented demand, Stellantis Fleet has announced the early order cut off for the following models:
Stellantis Fleet will attempt to accommodate all orders placed by the above listed dates, however, cannot guarantee production nor offer price protection.
Stellantis said it is recalling nearly 250,000 heavy-duty RAM diesel trucks globally for an issue with the fuel pumps that may cause the vehicles to stall or prevent them from starting.
The affected vehicles are certain 2019 and 2020 RAM 2500 and 3500 heavy-duty pickups and RAM 3500, 4500 and 5500 chassis cab trucks that are equipped with 6.7-liter Cummins turbodiesel engines. The recall covers an estimated 222,410 vehicles in the U.S., 20,539 in Canada and 3,525 in other markets outside of North America.
Nov 2021
RAM Early Cutoffs
Due to unprecedented demand, Stellantis Fleet must announce the early order cut off, effective Monday, November 15th, 2021, for the following models:
Stellantis Fleet will attempt to accommodate all orders placed by Monday, November 15th, 2021, however, cannot guarantee production nor offer price protection.
Nov 2021
Chevy Colorado and Bolt EV Cutoff Dates Announced
Cutoff dates have been announced for the Chevy Colorado, Chevy Bolt EV, and Chevy Bolt EUV.
The General Motors luxury brand will have about 560 dealerships going into 2022, down from 875 at the beginning of this year, Rory Harvey, vice president of global Cadillac, said. More than one-third of Cadillac’s U.S. dealerships are disappearing this year as the brand begins its transition to an all-electric vehicle portfolio. The decline was driven by buyout agreements Cadillac began offering to dealers a year ago.
Remaining dealers are preparing to upgrade their outlets for EV sales and service by the end of the first quarter, when the Lyriq, Cadillac’s first full EV, is expected to arrive in select showrooms.
Additional GM Plant Downtime
General Motors’ Chevrolet Bolt plant, in Orion Township, Mich., will take three weeks of downtime this month as the automaker continues to work through a recall of all Bolts for battery-fire risk.
Prioritizing battery module replacements for existing customers has led to a shortage of battery parts for new-vehicle production. GM notified employees at Orion Assembly that the plant will take downtime from Nov. 15th to Dec. 3rd. Production is slated to resume Dec. 6th.
Nov 2021
Dodge RAM Early Cut Off
Due to unprecedented demand, Stellantis Fleet has announced early cut off, effective Monday, November 8, 2021 for the 22MY RAM DP (4500/5500/ and 22MY RAM DT (1500). The Tradesman model has already been built out. Stellantis Fleet will attempt to accommodate all ordered placed by November 8th, however, Stellantis cannot guarantee production not offer price protection.
Oct 2021
Used Vehicle Market Conditions
Wholesale prices continued to climb to new highs in September and early October, as supply remains tight and demand high. Retail used vehicle sales softened modestly in September, but CPO sales have remained strong, as these vehicles represent the closest substitute to new vehicles lacking in availability due to the chip shortage.
According to KAR Global Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model class, wholesale prices in September averaged $15,546, up 5.7% compared to August, up 20.3% relative to September 2020, and up 39.4% compared to pre-COVID/September 2019. Prices rose for all model classes. Car prices, on average, rose at a higher rate than truck prices. Overall average prices are now more than 50% above pre-COVID averages for this select group of vehicles, with car segments outperforming SUVs and pickups.
Based on NADA data, retail used vehicle sales by franchised and independent dealers in September were down 3.9% month-over-month and down 0.3% year-over-year. Year-to-date through September, sales are up 11.0% versus 2020 and up 1.8% compared to 2019/pre-pandemic levels. CPO sales were up 2.3% from the prior month and up 1.5% versus last year, according to figures from Autodata. On a year-to-date basis through September, CPO sales are up 10.4% compared to last year and up 2.7% versus 2019.
Oct 2021
General Motors Order Cutoffs
The following vehicles will be cut-off from fleet ordering:
October 23rd
– Buick Enclave
– Cadillac XT4/XT5
October 28th
– Chevy Silverado Light Duty (all models)
– GMC Sierra Light Duty (all models)
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