I'm back! And so is our global automotive outlook conference. Packed house to hear about the impact from the UAW strike, the transition to electrification, AI in automotive and a round up of markets including Europe and China.
Forced to change plans and shift on the fly to virtual presentation but always enjoy participating in @cargroup#mbs. Here's to less disruption in 2023!
Calling all ice cream lovers 📢 there is now ice cream available for #CARMBS attendees for the afternoon snack break in the exhibit hall! Thank you to @LMCAutomotive for the cool treat 😎
Auto stocks on the shoulder after an earthquake in Japan disrupted auto production.
@LMCAutomotive President Jeff Schuster joins Fast to discuss if there will be a long term impact.
Detroit finally figured out how to make a great starter car ... and it's a pickup.
@KeithNaughton & I break down a product strategy moonshot:
https://t.co/oBHqprljap
And we are back in person! Looking forward to sharing @LMCAutomotive view of #auto volume disruptions and the outlook for the industry at @OESAconnect Auto Suppier Conference: Beyond Disruption.
Ford to increase investment in EV/AVs by $30b and sets target of 40% of volume to be BEV by 2030. LMC currently expects Ford's EV share to be 31% by 2030, ahead of the industry's 24% EV share. Massive investment = boost to 40% of volume? #EV#Atuo#forecast#Ford
Ford F-150 Lightning surprises with sub-$40k starting price before credit. Very capable truck with sport car performance stats! If they can get it built, this is a winner! #ford#ev
Did you know March 2021 vehicle selling rate was the 2nd best March ever in US auto sales - rounding error behind March 2000? The 17.9mn SAAR makes it the 10th best monthly selling rate in history! Are vehicles the toilet paper of 2021? (I mean that in the most respectful way!)
FOMO (fear of missing out) & more optimistic view of recovery drive US light vehicle sales to a 17.9mn SAAR in March, shattering expectations despite lowest Inventory level in years. Full year forecast now in 16.5-16.8mn unit range. Would be higher if inventory was normal. #LMC
Today on @AfternoonsWWJ Profit sharing checks will be a little thinner this year. We preview earnings report with @jwschust and go in depth in our @WWJ950 Car Chronicles Conversations podcast https://t.co/TdkIFDP9Tv
#GM extends all-in strategy of an EV future with 30 new EVs by 2025, 20 in NA. Adding an additional $7 billion in investment. Love the commitment, but need infrastructure investment and gov’t support to get the volume required for the return. Too early? #EVs @LMCAutomotive
Our Global Light Vehicle Outlook Briefing (Detroit) is about to start... join us for insight and analysis from our teams, and guest keynotes from @OxfordEconomics and @amazon