Blog – Sector – Automotive – Analysis and Commentary – August 2023
Summary:
Global auto sales grew 5.2% m/m (sa) in May to 78.3 mn (saar) unit pace, the highest seasonally adjusted monthly pace since March 2019 (78.6 mn saar) (chart 1). The rebound of auto sales in May comes on the back of generally weaker sales in April across most regions. The pace of seasonally adjusted auto sales broadly improved in May for most of western Europe as sales were higher in thirteen of the fifteen countries covered—up 5.1% m/m (sa) to the pace of 11.9 mn (saar) units for the region. On a whole, this was a rebound from the previous month’s sales rate, where seasonally adjusted sales were down in 14 of the 15 countries in April. Of the major markets, higher sales in Germany (10.3% m/m sa) and France (3.0%) rebounded from April’s lower sales rate, while there were improvements in Italy (3.4%) and Spain (1.0%) that partially offset April’s decline, and the pace of auto sales continued to fall in the UK (-0.6%). Asia Pacific auto sales on a seasonally adjusted basis were up unanimously for the month of May across the six countries covered.
Source – BNS and Ward Automotive
Additional links and sources:
Supply and pricing - https://ca.style.yahoo.com/car-market-prices-plummet-due-153706713.html
Plug-in Sales / EMEA - https://www.energyportal.eu/news/europe-plug-in-car-sales-in-june-2023-exceeded-300000/128312/
Adoption - https://www.washingtonexaminer.com/policy/energy-environment/massive-collaborative-to-roll-out-electric-vehicles-aims-to-electrify-grid-by-2030
Battery capacity - https://www.theassay.com/articles/feature-story/lithium-battery-capacity-expected-to-grow-steadily-til-2030/
Lithium - https://www.afr.com/companies/mining/the-ceo-who-took-liontown-from-a-bargain-to-an-asx-lithium-force-20230803-p5dthv
Charging - https://www.electrive.com/2023/08/07/japan-plans-new-standards-for-fast-chargers/
Technology - https://www.thebrighterside.news/post/scientists-just-made-a-significant-breakthrough-in-lithium-ion-batteries?utm_source=flipboard&utm_content=brighter_news%2Fmagazine%2FThe+Brighter+Side+of+News
ESG - https://www.fnlondon.com/articles/political-concerns-over-green-finance-costs-threaten-esg-reporting-push-20230807
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – ESG and Sustainability Reporting
and Policy Development
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: paul..young@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
3. AGENDA
• Canada – Automotive Sales
• USA – Automotive Sales
• Automation/Productivity
• Ford
• Electrical Vehicles
• Global Sales
• Auto Parts
• Summary
7. FORD
MOTOR
COMPANY
• Ford continues to restructure its operations -
https://www.industryweek.com/leadership/articl
e/22027835/ford-will-close-six-european-
plants-as-part-of-global-downsizing or
https://www.industryweek.com/talent/article/22
027622/ford-slashing-7000-jobs-as-sweeping-
disruption-hits-automakers
9. TECHNOLOGY
• RPA / Logistics - https://www.mhlnews.com/technology-automation/article/22055044/how-robotics-
technology-is-modernizing-thirdparty-logistics
• Analytics / Automotive - https://www.mygreatlearning.com/blog/analytics-is-driving-the-automotive-industry-
from-good-to-great/
• IBM and Automotive - https://www.ibmbigdatahub.com/industry/automotive
• AI and Automotive - http://www.canadianautoworld.ca/industry-news/how-artificial-intelligence-is-
transforming-the-auto-manufacturing-sector
• Big data and IOT - https://www.financialexpress.com/brandwagon/how-big-data-and-iot-connection-has-
transformed-the-automotive-industry/2107977/
• Digital - https://digitalmarketinginstitute.com/blog/5-ways-digital-is-transforming-the-car-buying-experience
• Cloudpak - https://www.youtube.com/watch?v=ZxDVnBWX3Qw
• Supply chain management -
https://ibm.ent.box.com/file/648099650319?s=63aqf8jo004v2bo5f8cf6eppgglhbvs5
10. AUTO PARTS
• Automotive Parts - https://linchpinseo.com/trends-in-the-automotive-aftermarket-parts-industry/
• Re-starting Automotive - https://www.prnewswire.com/news-releases/deloitte-restarting-the-stalled-
automotive-sector-301092622.html
• Warehousing and distribution - https://www.autoserviceworld.com/transportation-and-warehousing-sector-
down-23-1-in-april-statscan/
• eCommerce / Parts Management - https://www.businesswire.com/news/home/20200727005165/en/U.S.-
Auto-Parts-Network-CarParts.com
• New USMCA deal - https://www.industryweek.com/the-economy/article/22026500/how-will-the-shift-from-
nafta-to-usmca-affect-the-auto-industry
• Unifor / Automotive - https://canada.autonews.com/labour/unifor-select-detroit-3-bargaining-target-sept-8
11. EV BATTERY
PRODUCTION
Source – Moody's
Here is my work on clean
material -
https://www2.slideshare.net/paulyou
ngcga/clean-technology-what-is-
next-for-raw-materials
or
12. BLOG – AUTOMATION
Blog - Manufacturing Automation: Connected manufacturing: Realizing your ROI on data -
https://www.linkedin.com/posts/paul-young-055632b_manufacturing-automation-connected-manufacturing-activity-
6818842790190030849-BByT
Thanks to wide deployment of IoT sensors, many manufacturers are sitting on mountains of collected data. Capitalizing
on their investments will come not from mega-projects, but from incremental initiatives. Source -
https://www.canadianmanufacturing.com/features/manufacturing-automation-connected-manufacturing-realizing-
your-roi-on-data/
This ties nicely to my work on automation and machine learning -
https://www.slideshare.net/paulyoungcga/automation-robots-and-machine-learning
13. ESG AND SUSTAINABILIT Y REPORTING
What is next for Sustainability and ESG reporting - https://www.linkedin.com/posts/paul-young-055632b_accounting-the-line-between-transparency-
activity-7038190497969950720-meoM?utm_source=share&utm_medium=member_desktop
The ISSB is to allow companies to hold back commercially sensitive information about sustainability-related opportunities
But they must still disclose the effects of sustainability-related risks on their business
Materiality, scalability and interoperability have emerged as three key themes to watch
https://www.ipe.com/esg/accounting-the-line-between-transparency-and-confidentiality/10065346.article
This ties nicely with many of my blogs on ESG and Sustainability:
Blog – Sustainability and ESG Reporting – How best to Manage the Supply Chain to Achieve Net Zero - https://www.linkedin.com/posts/paul-young-
055632b_4-steps-supply-chain-leaders-can-take-now-activity-7038135133589176320-_CHz?utm_source=share&utm_medium=member_desktop
Blog – Sustainability and ESG Reporting – How best to be a leader in Resource Stewardship - https://www.linkedin.com/posts/paul-young-
055632b_resource-stewardship-activity-7038124098052382720-JjNS?utm_source=share&utm_medium=member_desktop
Blog: Sustainability and ESG Reporting – How to Decarbonization and Efficient Energy - https://www.linkedin.com/pulse/blog-sustainability-esg-
reporting-how-decarbonization-paul-young
Blog – ESG and Sustainability – Biodiversity Capturing and Reporting - https://www.linkedin.com/posts/paul-young-055632b_what-is-
biodiversity-and-how-does-it-affect-activity-7038115093066223617-CUHj?utm_source=share&utm_medium=member_desktop
Blog - Sustainability and ESG Reporting - Developing key Policies related to Waste and Pollution - https://www.linkedin.com/posts/paul-
young-055632b_waste-management-critical-for-businesses-activity-7038127159349039104-
66VS?utm_source=share&utm_medium=member_desktop
14. RETAIL STORES
Blog – Sector – Retail – Plugin Stations and Parkland – ESG - https://www.linkedin.com/posts/paul-
young-055632b_parkland-reaches-ev-charging-milestone-activity-7091437105242931200-
7Sjn?utm_source=share&utm_medium=member_desktop
Parkland Corporation. reached 100,000 charges within its electric vehicle (EV) charging network in
Canada, the company said on LinkedIn Wednesday.
The convenience retailer debuted its charging network in October alongside EV fast charger
manufacturer FreeWire Technologies, initially targeting 25 locations but later doubling the plan.
Parkland has already opened 28 of those sites, the company said.
In Canada, Parkland’s EV charging program directly competes with Circle K, which expects to have 40 charging sites
active by this summer and 200 by next year
15. SUMMARY
• Green transition continues for the automotive sector
Blog – Sector – Automotive – Analysis and Commentary – August 2023
Summary:
Global auto sales grew 5.2% m/m (sa) in May to 78.3 mn (saar) unit pace, the highest seasonally adjusted monthly pace since
March 2019 (78.6 mn saar) (chart 1). The rebound of auto sales in May comes on the back of generally weaker sales in April
across most regions. The pace of seasonally adjusted auto sales broadly improved in May for most of western Europe as sales
were higher in thirteen of the fifteen countries covered—up 5.1% m/m (sa) to the pace of 11.9 mn (saar) units for the region.
On a whole, this was a rebound from the previous month’s sales rate, where seasonally adjusted sales were down in 14 of the
15 countries in April. Of the major markets, higher sales in Germany (10.3% m/m sa) and France (3.0%) rebounded from April’s
lower sales rate, while there were improvements in Italy (3.4%) and Spain (1.0%) that partially offset April’s decline, and the
pace of auto sales continued to fall in the UK (-0.6%). Asia Pacific auto sales on a seasonally adjusted basis were up unanimously
for the month of May across the six countries covered.
Source – BNS and Ward Automotive
Additional links and sources:
Supply and pricing - https://ca.style.yahoo.com/car-market-prices-plummet-due-153706713.html
Plug-in Sales / EMEA - https://www.energyportal.eu/news/europe-plug-in-car-sales-in-june-2023-
exceeded-300000/128312/
Adoption - https://www.washingtonexaminer
.com/policy/energy-environment/massive-collaborative-to-
roll-out-electric-vehicles-aims-to-electrify-grid-by-2030
Battery capacity - https://www.theassay.com/articles/feature-story/lithium-battery-capacity-expected-
to-grow-steadily-til-2030/
Lithium - https://www.afr
.com/companies/mining/the-ceo-who-took-liontown-from-a-bargain-to-an-asx-
lithium-force-20230803-p5dthv
Charging - https://www.electrive.com/2023/08/07/japan-plans-new-standards-for-fast-chargers/
T
echnology - https://www.thebrighterside.news/post/scientists-just-made-a-significant-breakthrough-in-
lithium-ion-