DAILY ROUNDUP | AUG 14 | EVs +9%/-27%, Honda 50%, Ram 777 HP, Lincoln U.S.
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The auto industry is saying one thing on paper and doing something very different in the showroom.
Today’s episode breaks down global EV sales rising 9% while North America drops 27% after incentives expire, GM and LG’s Ohio battery plant shutting down for seven months, Honda’s reported Tata Technologies platform play, California hybrids overtaking EV registrations, and Ford pulling Lincoln manufacturing back to the U.S.
Today's Key Headlines
~Global EV sales rise 9% year over year while North American sales fall 27% after incentives expire
~Average U.S. EV prices climb 1.2% month over month as lower-margin trims disappear
~A GM and LG battery plant in Ohio shuts down for seven months due to weak demand
~Honda reportedly targets a 50% cut in development time, cost and workload through its Triple Half initiative
~Ford plans to end Lincoln imports from China and bring U.S.-market production back home
00:07 Welcome to Auto News Talk
02:02 EV demand splits between global growth and North American collapse
05:37 Honda reportedly turns to Tata Technologies for a multi-powertrain platform
08:34 Automakers chase cheap EVs, muscle cars and recall-heavy complexity
11:34 California hybrids overtake EVs in new registrations
12:26 Ford pulls Lincoln manufacturing back to the U.S.
14:41 Dealership automation runs into the human paperwork bottleneck
17:19 Big takeaway: flexibility beats purity
20:09 Outro: watch the software behind the finance desk
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