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    • By Drew Dowdell
      Honda is continuing its global pull back of production by announcing it will cease automotive manufacturing operations in Argentina next year.  This is after announcing the closure of its Swindon UK plant  and the pull back of production in the U.S., mainly of the Civic and Accord. Honda is in the midst of consolidating production to fewer facilities and using fewer platforms to produce their vehicles. 
      Honda said it's plant in Campana, which produces the HR-V will focus solely on manufacturing motorcycles. Honda is in talks with the local union to potentially offer buyouts to those who will be affected by the cessation of automotive production. The total plant population is over 1,000 workers. Honda has been building motorcycles in Argentina since 2006 and automobiles since 2011.
       
       

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    • By Drew Dowdell
      Honda is continuing its global pull back of production by announcing it will cease automotive manufacturing operations in Argentina next year.  This is after announcing the closure of its Swindon UK plant  and the pull back of production in the U.S., mainly of the Civic and Accord. Honda is in the midst of consolidating production to fewer facilities and using fewer platforms to produce their vehicles. 
      Honda said it's plant in Campana, which produces the HR-V will focus solely on manufacturing motorcycles. Honda is in talks with the local union to potentially offer buyouts to those who will be affected by the cessation of automotive production. The total plant population is over 1,000 workers. Honda has been building motorcycles in Argentina since 2006 and automobiles since 2011.
       
       
    • By Drew Dowdell
      Ford is acknowledging the trouble prone Ford Powershift transmission and is extending the warranties on them.  The 6-speed transmission is a dual clutch setup meant to increase fuel economy in Ford's smallest cars.  While a solid idea on paper, customers reported a number of problems with them including slippage, hesitations while accelerating, jerkiness through the gears, difficulty downshifting, and premature wear on the clutch packs. 
      The extended warranty will cover 2014 - 2016 model year Ford Focus, and 2014 - 2015 model year Ford Fiesta and will increase the warranty coverage of the clutch from five years/60,000 miles to seven years/100,000 miles.  Ford will also reimburse customers in this group who have already paid for clutch repairs out of pockets.  The transmission control module will also be warrantied to 10 years/150,000 miles. 
      In addition to that, there is a small group of customers (16%) who need a software update which Ford will provide for free. 
      Affected customers will receive a letter from Ford with instructions on how to proceed.

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    • By Drew Dowdell
      Ford is acknowledging the trouble prone Ford Powershift transmission and is extending the warranties on them.  The 6-speed transmission is a dual clutch setup meant to increase fuel economy in Ford's smallest cars.  While a solid idea on paper, customers reported a number of problems with them including slippage, hesitations while accelerating, jerkiness through the gears, difficulty downshifting, and premature wear on the clutch packs. 
      The extended warranty will cover 2014 - 2016 model year Ford Focus, and 2014 - 2015 model year Ford Fiesta and will increase the warranty coverage of the clutch from five years/60,000 miles to seven years/100,000 miles.  Ford will also reimburse customers in this group who have already paid for clutch repairs out of pockets.  The transmission control module will also be warrantied to 10 years/150,000 miles. 
      In addition to that, there is a small group of customers (16%) who need a software update which Ford will provide for free. 
      Affected customers will receive a letter from Ford with instructions on how to proceed.
    • By Drew Dowdell
      Ford and GM, the U.S.'s top two auto manufacturers are bracing themselves for the worst.  They have been running economic modeling to determin the steps they would take given a medium or severe recession in the US and across global markets.  General Motors has a stockpile of $18 billion in cash while Ford has $20 billion saved up.
      GM is relying on deferring non-essential capital expenditures and a shift in production to lower cost vehicles as part of its plan to save costs in the event of a a strong downturn.  Ford says is is evaluating its future moves. 
      Fears of a recession have plagued Wall St. most of 2019 while a trade war with China rages on.  Higher costs of materials due to tariffs is adding to the pain of weak product demand in the U.S., China, and Europe.  In Germany, Europe's biggest economy, growth shrank by 0.1 percent in Q2 2019 as trade conflicts and auto industry troubles weighed heavily on the economy.  Both exports and lagging demand at home have put a strain on German automakers already looking to slash costs. 
      Today, a strong signal that a recession is looming appeared as the 10-year treasury yield dropped below the 2-year treasury yield while do Dow Jones Industrial Average sank over 450 points.  
      Related:
      Honda Slowing Production, Cutting Shifts
      Nissan Profit Plunges 99%; 12,500 Job Cuts Eminent
      Ford Europe Laying Off Another 12,000
      Daimler Books First Quarterly Loss in Ten Years

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  • Posts

    • If it's a 2.0T Accord, it has blind spot monitoring, standard. That's a pretty common Honda feature now, and unlike GM's invisible version, you can 1) see it, and 2) it has the audible beep not just a silent yellow amber light. 2.0T Sport, EX, EX-L, etc. have it, along with the other lane keep, and such. Fusion, not a bad move. Deal, etc. too. Lots of solid options.
    • Most likely the Valiant was equipped with a leaning tower of power.  Maybe it was a close race. 
    • Really?  You just don't get it.
    • Yeah,  I couldn't imagine buying a vehicle without actually seeing it in person or test driving it.   When I bought my CPO JGC in 2017,  I did a bunch of research online and checked the inventories of the various dealers around Phoenix and zeroed in on a specific vehicle that had the right equipment/mileage/price combo that I was looking for.  Didn't seriously consider any other brands.   Then I went to the dealer on a Friday afternoon and asked to see and test drive that specific vehicle.      I was time bound in some sense in that I was in the midst of moving to Ohio and my old Jeep was dying, so I moved pretty quickly.  A lot of people buy used cars on eBay and other sites and have them shipped to them, haven't tried that yet, not sure if I would.  
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