FROM AUTOMOTIVE NEWS: U.S. Sales Slide 9% In Jan.; SAAR Tallies 15.2 Million
While negative overall, January sales saw the smallest monthly dip since the initial decline last summer, and SAAR has reached its strongest level since June.
FROM WARDSAUTO: Analyst Sees No Quick Relief From New-Vehicle Shortages
Dealership inventories ended the year with an average 25 days’ supply. This trend could remain steady as global production is expected lose a few million units in 2022.
FROM J.D. POWER: First-Time EV Owners Satisfied With Their Choice
EV adoption is ramping up as consumers report high levels of purchase satisfaction, especially for Tesla models, with Kia, Ford, and Nissan trailing.
FROM REUTERS: Robots Marched on in 2021, With Record Orders by North American Firms
Vehicle production could be getting a boost as total factory orders for robots increased 28% last year. In some sectors, robotics can increase output by nearly 200%.
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