Registration Now Open for Mobility Innovations Summit
For the past three years, the SAA held the Automotive Lightweighting Summit. As the automotive industry has evolved to focus on all types of innovations promoting mobility, so too has the event which will feature a more diverse examination of the technologies furthering tomorrow’s mobility solutions. The new Mobility Innovations Summit will take place October 17, 2019 at AAM in Detroit.
The Mobility Innovations Summit will feature the awarding of the Innovation in Mobility Awards in two categories: Innovations in Lightweighting and Technologies Enabling New Business Models. Judges are currently reviewing the more than 50 entries received to select the winners. Award finalists will present at the Summit prior to the announcement of the awards.
Confirmed speakers include Jessica Robinson of the Michigan Mobility Institute, David Dauch of AAM, RJ King of dBusiness and Trevor Pawl of the Michigan Economic Development Corporation. Fred Hubacker of Conway MacKenzie will recognize a company demonstrating a financial commitment to promoting mobility.
The Summit will include a breakfast and lunch which will provide great networking opportunities. The event is being held in partnership with DuckerFrontier.
New Car Sales Were Better Than Expected in August
In the face of forecasts which suggest that consumers are buying fewer new cars and trucks, the evidence in August is to the contrary. Once all the tallying is completed, August’s light-vehicle sales could beat last August by 100,000 units, as consumers are showing no sign of putting away their wallets. Sales data from Cox Automotive show traffic on dealer websites was strong in August, and a record-level volume of incentives helped drive sales. While industry analysts were expecting a so-so month for new vehicle sales, Cox says several automakers have reported their best August on record.
The August Auto Sales September Swing
Most automakers report U.S. new vehicle sales for August on Wednesday, but the complexion of those results will be greatly affected by what happens at the start of September. That’s because the Labor Day weekend this year is considered part of the August sales reporting period.
Conway MacKenzie’s Fred Hubacker Appointed to SAA’s Board of Directors
Conway MacKenzie Detroit Managing Director Fred Hubacker has been appointed to serve on the Board of Directors for the Society of Automotive Analysts (SAA). Hubacker has more than 40 years of experience providing senior leadership, advisory and business development services for companies in the automotive industry, including 15 years with Conway MacKenzie. He has served in numerous executive roles throughout his career as well as on various corporate boards of directors.
“Fred is one of the industry’s foremost experts and thought leaders,” said SAA President Chris Bower. “His joining our board will provide even greater value to our fellow members as we continue our organization’s mission at the forefront of automotive trends and developments.”
As Managing Director with Conway MacKenzie, Hubacker has, most notably, served as an advisor for the Delphi restructuring, the Chrysler restructuring and for numerous private equity firms regarding acquisitions of HHI, Metaldyne, Chrysler Viper operations and the Ford Premier Automotive Group. He has also acted as lead advisor and interim CEO in several major automotive operational and due diligence assignments during his career.
SAA Scholarship Awarded to Marissa DeCook
Oakland University senior Marissa DeCook is the 2019 recipient of SAA’s Thought Leader of Tomorrow Scholarship. Marissa, who grew up in Macomb, Mich., is currently studying Operations Management with a specialization in Supply Chain Management and a minor in Business Analytics and holds a 3.88 GPA.
New Video Feature from the SAA: What Key Trends are Top Automotive Experts Predicting for the 3rd Quarter?
For more than 30 years, the SAA has been at the forefront of automotive industry trends and insights. We are excited to launch a new quarterly video series that will feature industry thought leaders providing compelling perspectives on what lays ahead for our sector.
This two-minute video features automotive industry experts Mark Barrott and Dana Coomes of Plante Moran. Download their latest white paper “The Future of Mobility: Reinventing the Auto Industry” referenced in the video to find out more.
Analysts: Automotive Suppliers Should ‘Expect the Unexpected’
Source: Plastics News
A mixture of positive and negative factors is making it difficult for automotive analysts to firmly forecast hurdles and triumphs in the industry. And the uncertainty is creating some uneasiness among suppliers, the analysts said during a recent conference.
Cars Still More Efficient Than Newer SUVs
Source: The Columbian
Yes, your sport utility vehicle has gotten smaller and more fuel efficient over the years. But even with those gains, SUVs still are behind cars when it comes to gas mileage. The reason: SUVs are taller and heavier than cars, and no matter how sculpted their bodies, they still run into more wind resistance.
Autonomous Car Industry’s Frightening Vision for Cities
Source: Street Blog USA
In a future with self driving cars, pedestrians would wait in gated pens until they were allowed to cross the street. People wealthy enough to buy self-driving cars get their own special lanes in crowded cities. Those are some of the ideas self-serving car companies are presenting to the New York Times as “solutions” to social problems. This latest bill of goods from Big Auto is extremely alarming.