Automotive sales decline in Canada for October 2021
Automotive sales increase in USA for October 2021
Plug-in sales are now about 10% of all monthly automotive sales
Access to key material is impacting the automotive sector.
1. Ford and Electrical - https://insideevs.com/news/545309/us-ford-mache-sales-october2021/
2. Tesla has updated the estimated delivery times for some of its cars (new orders) in the U.S. and now the Tesla Model Y closely resembles the Tesla Model 3. As we can see below, the entry-level versions of the Model Y (Long Range AWD) are now expected in September, which is at least 10 months from now. With a bigger wheel option, it might be 3 months quicker, in June. The same waiting concerns the entry-level Tesla Model 3 Standard Range.https://insideevs.com/news/544921/us-entrylevel-model3y-10months-waiting/
3. Global plug-in vehicles are now at 10% of passenger vehicle sales - https://insideevs.com/news/544743/global-plugin-car-sales-september2021/
4. New charger - https://electrek.co/2021/11/01/tesla-launches-new-home-charger-that-works-j1772-all-electric-cars/
5. Unplugging - https://www.forbes.com/sites/bradtempleton/2021/11/03/ev-drivers-are-unplugging-other-evshow-can-a-system-of-etiquette-arise/?sh=475d915c2ba8
6. Stats and charging - https://tdn.com/lifestyles/the-states-with-the-most-electric-vehicle-charging-stations/collection_2c1813ad-3d8a-5c4b-9299-0fa480c43efc.html#8
7. Human capital - https://www.randstad.com/workforce-insights/future-of-work/future-success-automotive-industry/
8. Demand for metals - https://www.randstad.com/workforce-insights/future-of-work/future-success-automotive-industry/
9. Gasoline - https://www.cnn.com/2021/11/03/business/gas-prices-oil-opec/index.html
10. Plug-in - https://arstechnica.com/cars/2021/11/us-charging-infrastructure-is-outpacing-forecasts-study-finds/
11. Fires - https://artofgears.com/2021/11/03/unsafe-zero-mph-ev-fires-latest-industry-challenge/
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• 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_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
• Canada – Automotive Sales
• USA – Automotive Sales
• Automation/Productivity
• Ford
• Electrical Vehicles
• Global Sales
• Auto Parts
• Summary
9. ELECTRICAL VEHICLE SALES
• Electrical vehicle sales continue to struggle in both Canada and USA as sales are not above 1.6% of total
automotive sales – https://www.slideshare.net/paulyoungcga/ev-electrical-vehicles-all-you-need-to-know-
238428364 or https://www.slideshare.net/paulyoungcga/raw-materials-clean-technology-products
• Sales continue to rise, but they still trail gas engines - https://www.edie.net/news/8/IEA--Electric-vehicle-
sales-will-continue-to-rise-despite-Covid-19-crisis/
• Plug-in stations continue to expand - https://energynow.ca/2020/06/electric-car-charging-stations-are-
finally-about-to-take-off/. The problem is plug-in stations require a power source -
https://www.slideshare.net/paulyoungcga/canada-electricity-production-carbon-footprint-analysis
• Paying to plug into the grid - https://theconversation.com/owners-of-electric-vehicles-to-be-paid-to-plug-
into-the-grid-to-help-avoid-blackouts-132519
• EV sales continue to struggle - https://www.mckinsey.com/industries/automotive-and-assembly/our-
insights/mckinsey-electric-vehicle-index-europe-cushions-a-global-plunge-in-ev-sales
• EU / Electrical car sales - https://www.canadianmanufacturing.com/sales-and-marketing/eu-share-of-
electric-cars-grew-during-virus-lockdown-months-259933/
• Blog and Analysis - https://www.slideshare.net/paulyoungcga/ev-electrical-and-hybrid-vehicles-analysis-and-
commentary-november-4-2020
10. TOP 7 TRENDS FOR AUTOMOTIVE
Source - https://www.industryweek.com/leadership/media-gallery/21150611/back-to-
the-future-7-developments-shaping-automotive-in-2021-and-
beyond?oly_enc_id=7930I4506489J2B
1. A Biden Presidency
2. EV having a moment
3. Battery Battles Heating Up
4. New Ways of Working (Thanks, Pandemic)
5. Supply Chain Change-up
6. AVs Exiting the ‘Valley of Disillusionment
7. A Shift in Labor
11. 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
14. 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
15. AUTO PARTS
• Automotive Parts - https://linchpinseo.com/trends-in-the-automotive-aftermarket-parts-industry/
• Canada wholesale trade - https://www.cbc.ca/news/business/wholesale-sales-covid-19-1.5653476
• 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
16. 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
17. 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
18. CLIMATE CHANGE AND AUTOMOTIVE
General Motors announced July 2 it would move to source lithium for its electric-vehicle batteries from a U.S.-based startup. The automaker
made a multi-million-dollar investment in Controlled Thermal Resources, Ltd., a California-based startup, to help fund a lithium plant in
Southern California.
https://www.industryweek.com/technology-and-iiot/article/21168845/gm-to-source-lithium-for-ev-batteries-from-usbased-
startup?utm_source=IY+IW+Daily+Headlines+-
+Morning&utm_medium=email&utm_campaign=CPS210702079&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489
J2B&oly_enc_id=7930I4506489J2B
Here is my work on eVehicles – https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption
Blog – Heat Wave and Plug-In Stations
How so? As the heatwave continues to build, the California ISO has asked residents to relieve pressure on the electric grid, in part by charging
EVs at off peak times. This comes at a time when an aggressive move is underway to build a robust EV industry is well underway, including the
2035 target date to end sale of gas vehicles in California, events straining the utility grid could lead to limited mobility and high costs to
charge. While this instance will be short lived, other events will transpire in the future, putting similar strains on the critical infrastructure.
https://www.industryweek.com/technology-and-iiot/article/21168237/ev-dilemma-heating-up?utm_source=IY+IW+Daily+Headlines+-
+Morning&utm_medium=email&utm_campaign=CPS210627022&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506
489J2B&oly_enc_id=7930I4506489J2B
There are issues with grid as part of supporting the plug-in stations for eVehicles
https://www.slideshare.net/paulyoungcga/electrical-vehicles-and-plugin-stations-adoption
19. SUMMARY
• Consumer spending drives the economy. There are issues with household debt -
https://www.slideshare.net/paulyoungcga/debt-and-insolvency-global-crisis
• More and more focus on electrical vehicles -
https://www.slideshare.net/paulyoungcga/ev-electrical-vehicles-all-you-need-to-know
or https://www.fool.com/investing/2020/09/28/ford-reveals-plans-to-build-electric-
vehicles-in-c/
• Canada needs to refocus policies to ensure it is competitive for manufacturing -
https://www.slideshare.net/paulyoungcga/how-best-to-reshore-supply-chains
• Post-COVID/Global Economy - https://www.slideshare.net/paulyoungcga/what-is-next-
for-the-global-economy-september-2020 or
https://www2.slideshare.net/paulyoungcga/global-economy-outlook-december-2020
20. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies
Editor's Notes
Source - https://tradingeconomics.com/canada/car-registrations or https://www.goodcarbadcar.net/2020-canada-auto-sales-figures-by-manufacturer/