Foreign Auto Industry Outlook: Multiple Headwinds Prevail

Companies in the Zacks Automotive – Foreign industry are involved in designing, engineering, manufacturing, distributing, and selling vehicles, components as well as production systems. Some of these companies are also engaged in research and development of electric and autonomous vehicles, fuel efficiency, along with low-emission technology.

Let’s take a look at the three major industry themes:

 

  • The foreign automotive industry, being consumer cyclical, is dependent on business cycle and economic conditions. The industry is in disarray amid weak vehicle demand and falling consumer confidence due to coronavirus woes. Sluggish demand in the world’s biggest auto market, China, has been hcarmakers in doing brisk business in the country. Indeed, auto sales in China have witnessed a rebound in April and May. However, amid the prevailing macro-economic conditions, vehicle sales in China are expected to fall 10% year over year in 2020. As it is, the nation’s EV sales have taken a
Read More

Jessi Combs Named ‘Fastest Woman On Earth’ By Guinness World Records

⚡️ Read the full article on Motorious

She did it!

It’s official. Jessi Combs, the late television host and race car driver, has been officially awarded the record holder of “Fastest Woman on Earth” posthumously by Guinness Book of World Records.

Last August 27th, 2019, Combs was in the Alvord Desert in Oregon with one main goal in mind – to break the female fastest land speed record. Tragically, Combs died while trying to set this record.

Combs was able to reach of speed of 522.783 miles per hour in a four-wheeled North American Eagle Supersonic Speed Challenger. She broke a record that was set over 40 years ago. The previous record holder would be Kitty O’Neil who grabbed that title back in 1976 while piloting a jet-powered car with three wheels and reached a speed of 512.7 mph. Jessi Combs used that same Supersonic Challenger back in 2013 which

Read More

The F-150 Reveal Is About More Than Lie-Flat Seats

From Car and Driver

  • Ford unveiled the fourteenth-generation F-150 this week, showcasing a luxurious new interior and a new hybrid powertrain.
  • This will be the first Ford vehicle to support over-the-air updates, part of a planned Ford strategy to save money on warranties and monetize customer data.
  • This type of software-based tracking and data monetization has been in the works at Ford for years.

The American automotive industry runs on pickups. They account for a huge proportion of the vehicles sold in this country every year (18 percent of new cars sold, in 2019), and their large profit margins make them even more important to manufacturers’ bottom lines. In the case of Ford, whose F-150 made up almost 40 percent of its sales in 2019 and whose bungled launch of the Explorer contributed to a dismal financial report last year, that goes double.

At first glance, the F-150’s quinquennial makeover

Read More

Motorsport Network Announces Head Of Motorsport Jobs

World’s largest integrated Racing and Automotive digital media house expands careers platform into the Automotive recruitment market.

London, UK – June 23, 2020 – Motorsport Network, the integrated digital platform that is the destination of choice for millions of automotive and racing fans, is delighted to announce Richard Brown as the new head of Motorsport Jobs.

Motorsport Jobs has currently over 800 customers in Racing across global racing teams, industry, and candidate databases and is now looking to expand into the Automotive and electric mobility market.

Motorsport Jobs has been matching companies with skilled motorsport professionals for 67 years in Autosport magazine and more recently via the digital domain created when Motorsport Network acquired Autosport in 2016.  It is dedicated to providing a global platform to help companies in the industry find their perfect candidates, bringing specialist knowledge of the industry with a recruitment product that is designed

Read More