Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
The Ford Drive pilot offers flexible access to Ford Mustang Mach-E models in San Diego, San Francisco, and Los Angeles.
Beyond the vehicle sale, it’s incumbent on automakers to own the growing and increasingly crowded space of aftermarket services for their fleet clients.
As supply chain issues ease, production, sales volumes, and deliveries are up, with fleet sales leading the recovery. In this return to normal, will OEMs go back to volume over profits?
Ford's recent confirmation that Transit Connect sales will stop in North America follows a trend of automakers ending sales of their small vans.
EV sales to fleets will be an essential part of the equation, though with a higher profitability profile than traditional ICE vehicle sales. Profitability on non-vehicle items such as software will be even more critical.
In their quarterly conference calls, Ford and General Motors spoke to the ongoing supply chain strain, vehicle affordability, and commercial vehicle and EV demand. Ford’s Jim Farley also called out “an overlooked benefit” for commercial customers. What’s that about?
After a successful pilot in late 2021, Penske placed an order for 750 all-electric vans from Ford.
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