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industrynewsupdates · 2 months ago
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Innovations Driving Growth in the Metal Stamping Market
The global metal stamping market size was estimated at USD 236.83 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. 
Growing consumer electronics industry is likely to remain a key driving factor based on application of metal frames in mobile phones, headphones, speakers, and gamepads & controllers. In mobile phones, metal stamping is used in manufacturing antennas, chassis, and camera lens holders as it offers high tolerance, corrosion resistance, electrical conductivity, and a smooth finish. According to GSM Association, the global number of unique mobile subscribers was 5.31 billion in January 2021 and this number is growing at a rate of 1.8% per annum. This is likely to propel the demand for mobile phones and eventually metal stamping in coming years. 
Gather more insights about the market drivers, restrains and growth of the Metal Stamping Market
The U.S. is one of the prominent player in the industry. However, emergence of COVID-19 and subsequent temporary lockdown measures countrywide impacted operations of the industry. Downstream demand from key sectors including automotive, aerospace, industrial machinery, and others was largely disrupted owing to challenges in supply chain and dried-up demand from end-use customers. The situation has normalized as rate of vaccination has picked up pace. Growing demand for metal stamping in the U.S. has compelled manufacturers to expand their facilities.
For instance, in December 2020, General Motors Co. announced its plans about investing USD 6 million in its metal stamping facility in Parma, Ohio, U.S. The investment will be used to construct four new metal assembly cells to support increasing production of Chevrolet Silverado and GMC Sierra pickup trucks.
According to International Energy Agency (IEA), global EV sales surpassed 3.4 million, out of which, China accounted for over 50% in 2021. Government initiatives, such as electric car subsidies to local manufacturers to support growth of EVs are major factors responsible for increased production. This is likely to boost the usage of sheet metal during production of auto components.
These components include chassis, interior and exterior structural, and transmission components. This, in turn, is expected to drive market growth during the forecast period. Market growth can be hindered as automobile manufacturers are replacing metals with plastic and carbon fiber as they assist in weight reduction of vehicles. A 10% reduction in weight of the vehicle results in a 5% to 7% increase in fuel efficiency.
Increasing production of lightweight vehicles owing to stringent government regulations in various countries is anticipated to drive demand for substitute products. For instance, in the U.S., developments in the Corporate Average Fuel Economy (CAFE) regulations to enhance fuel efficiency are encouraging use of these substitute products in automobiles, which, in turn, is likely to hamper the market for metal stamping.
Metal Stamping Market Segmentation
Grand View Research has segmented the global metal stamping market report based on process, press type, thickness, application, and region:
Process Outlook (Revenue, USD Million, 2018 - 2030)
• Blanking
• Embossing
• Bending
• Coining
• Flanging
• Others
Press Type Outlook (Revenue, USD Million, 2018 - 2030)
• Mechanical Press
• Hydraulic Press
• Servo Press
• Others
Thickness Outlook (Revenue, USD Million, 2018 - 2030)
• Less than & up to 2.5 mm
• More than 2.5 mm
Application Outlook (Revenue, USD Million, 2018 - 2030)
• Automotive
• Industrial Machinery
• Consumer electronics
• Aerospace
• Electrical & Electronics
• Building & Construction
• Telecommunications
• Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
• Europe
o Germany
o UK
o Italy
• Asia Pacific
o China
o India
o Japan
• Central & South America
• Middle East & Africa
Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.
• The global copper pipes and tubes market size was estimated at USD 22.52 billion in 2023 and is estimated to grow at a CAGR of 5.9% from 2024 to 2030.
• The global aerostructure materials market size was estimated at USD 82.63 billion in 2023 and is projected to grow at a CAGR of 7.2% from 2024 to 2030. 
Key Companies & Market Share Insights
Some of the key players operating in the market include CAPARO, Nissan Motor Co., Ltd and Goshen Stamping Company.
• CAPARO is mainly engaged in the designing, manufacturing, marketing, and distribution of value-added steel and niche emerging products. The group operates in North America, the UK, the Middle East, and India with its various subsidiaries such as Bull Moose Engineering Livonia, Caparo Engineering India Ltd – Chennai, and Caparo Middle East, among others.
• Nissan Motor Co., Ltd is engaged in the manufacturing, sales, and related business of automotive products. The company has several subsidiaries, dealers, and joint ventures, which are involved in R&D, design, production, automobile finance, and digital operations.
• Goshen Stamping Company specializes in producing high volumes with a combination of medium to high-speed presses with progressive dies. The company operates 36 presses ranging from 30-ton OBIs up to 400-ton SSDC. Its press bed sizes are up to 84" x 48" with stroke ranges from 2" to 8" for stamping. It offers a wide range of stampings in various materials such as carbon based steel, stainless steel, aluminum, or other metals.
• AAPICO Hitech Public Company Limited and Gestamp are some of the emerging market participants.
• AAPICO Hitech Public Company Limite is engaged in OEM auto parts manufacturing, car dealerships, and IoT connectivity and mobility. OEM auto parts manufacturing is further segmented into stamped or pressed parts, forged & machined parts, and plastic parts & plastic fuel tanks.
• Maoming Xingli Kaolin Co., Ltd. has a high-quality mine named acicular kaolin mine that spreads across 800 acres. The company offers several products such as bone china clay, clay for porcelain, kaolin clay, porcelain clay, and others. Its key focus is on washed kaolin (without acid), 90-degree ball clay, and 90- degree kaolin.
Key Metal Stamping Companies:
• Acro Metal Stamping
• Manor Tool & Manufacturing Company
• D&H Industries, Inc.
• Kenmode, Inc.
• Klesk Metal Stamping Co
• Clow Stamping Company
• Goshen Stamping Company
• Tempco Manufacturing Company, Inc
• Interplex Holdings Pte. Ltd.
• CAPARO
• Nissan Motor Co., Ltd
• AAPICO Hitech Public Company Limited
• Gestamp
• Ford Motor Company
Recent Developments
• In November 2023, Generational Growth Capital, an equity firm based in Milwaukee, U.S. acquired Federal Tool & Engineering, BP Metals, and Rockford Specialties based in Wisconsin, Minnesota and Illinois, U.S. respectively. The three manufacturers are metal stamping and structural steel manufacturers. This will enable the new entity to tap into various benefits such as expanding its manufacturing capacity, and support customers with interrupted delivery through a strong logistics supply chain.
• In October 2023, Ryerson acquired Norlen Inc., a metal stamping fabricator based Wisconsin, U.S. for an undisclosed sum. The latter mainly caters to the agricultural and defense markets.
• In June 2023, General Motors announced that it would be investing more than USD 500 million into its Arlington, Texas, U.S. assembly plant to produce the next generation SUVs. It intends to purchase new equipment for metal stamping, the body shop and other assembly parts.
Order a free sample PDF of the Metal Stamping Market Intelligence Study, published by Grand View Research.
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taevisionceo · 3 years ago
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Global Data - May 31, 2021
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tapfremontmotors · 5 years ago
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Carhartt Silverado Special Edition Announced
Chevrolet and Carhartt today announced that they will indeed collaborate again to make a Carhartt Silverado special edition heavy-duty pickup truck.
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Chevrolet Introduces 2021 Silverado HD Carhartt Special Edition
The Carhartt Silverado is a 2021 model but will be on display at this years SEMA (Speciality Equipment Market Association) show. SEMA is an exclusive automotive show where automotive manufacturers and accessory, upfit companies and more come together to showcase what is achievable when it comes to customizing vehicles. SEMA runs from Nov 5th -Nov 8th for 2019 in Las Vegas.
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Carhartt Silverado will be available Fall 2020
“Over the last century, both Carhartt and Chevrolet have earned a reputation for building long-lasting products that stand the test of time,” said Janet Ries, vice president of marketing at Carhartt. “This truck represents a true collaboration of our brands coming together to create a durable, purpose-built truck for people who not only work hard on the job site, but also live a rugged lifestyle.”
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The 2021 Carhartt Silverado starts life as a well-equipped 2500 LTZ Crew Cab.
Features on the 2021 Silverado HD Carhartt Special Edition
Exclusive Mosaic Black Metallic exterior color
Z71 Off-Road package (including twin-tube Rancho shocks, Hill Descent Control, and skid plates)
Exclusive Carhartt gold-colored pinstriping
Carhartt badging
All-terrain tires on 20″ rims
Black vent hood detailing, black bowtie and tow hooks
Chrome grille surround
Body-color front and rear bumpers
All-weather floor liners with Carhartt badge
Jet black and Carhartt brown leather seating and interior trim
Embroidered Carhartt headrests
Soft rollup tonneau cover with embossed Carhartt logo
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Carhart Silverado 2500HD pickup trucks will be available at dealerships in fall 2020.
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“When the concept vehicle was shown, consumer response exceeded even our highest expectations,” said Brian Sweeney Chevrolet U.S. vice president. “Listening to the enthusiastic feedback of show-goers and trucks enthusiasts led to the development of the production truck that customers have been clamoring for.”
Only a year to wait! For more information about Chevy Silverado‘s contact your local Chevrolet dealership.
This post was originally published in Trusted Auto Professionals Blog.
from WordPress https://trustedautoprofessionals.car.blog/2020/01/10/carhartt-silverado-special-edition-announced/
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gabutlagi97 · 3 years ago
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buildpriceoption · 3 years ago
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2021 Chevrolet Silverado 3500HD LTZ - Build & Price Review
In this episode of Build Your Own, we build, price, and review a 2021 Chevrolet Silverado 3500HD LTZ as well as learn about the features and configurations.
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orbemnews · 3 years ago
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Ford’s Electric F-150 Pickup Aims to Be the Model T of E.V.s Ford Motor is about to open a major new front in the battle to dominate the fast-growing electric vehicle market, and it’s banking on one of the world’s most powerful business franchises. In a splashy presentation Wednesday night at a Ford plant in Dearborn, Mich., the automaker will unveil an electric version of its popular F-150 pickup truck, which will be called the Lightning. Ford’s F-Series trucks, including the F-150, make up the top-selling vehicle line in the United States, and typically generate about $42 billion a year in revenue, according to a study commissioned by Ford — or more than twice what McDonald’s brought in last year. It is one of the most anticipated introductions of a new car and invites comparisons to Ford’s Model T, the car that made automobiles affordable to the masses. Ford has a lot at stake in the new vehicle’s success. If it can turn the F-150 Lightning into a big seller, it could accelerate the move toward electric vehicles, which scholars say is critical for the world to avoid the worst effects of climate change. Tailpipe pollution from cars and trucks represent the largest source of greenhouse gas emissions in the United States and one of the largest in the world. But if the Lightning does not sell well, it could suggest that the transition to E.V.s will be a lot slower than President Biden and other world leaders need to achieve climate goals. “The F-150 will put electric vehicles in a totally different realm,” said Michael Ramsey, a Gartner analyst. “It’s huge for Ford, but also huge for the whole industry. If you’re going to electrify the whole vehicle fleet in the United States, the F-150 going electric is a big step in that direction.” The F-150 Lightning signals a shift in the auto industry’s E.V. push, which has been aimed at niche markets, so far. Tesla has grown rapidly for the last several years by selling flashy sports cars to the affluent and early adopters. It sold close to 500,000 cars globally last year, a little more than half as many F-Series trucks Ford sold. Other electric models that have sold well have been small cars, such as the Chevrolet Bolt and Nissan Leaf, that appeal to environmentally minded consumers. The F-150 Lightning, in contrast, is aimed at small businesses and corporate customers such as building contractors and mining and construction companies that buy lots of rugged pickups. These buyers typically care not just about the sticker price of a truck but also how much it costs to operate and maintain. Electric vehicles tend to cost more to buy but less to own than conventional cars and trucks because they have fewer parts and electricity is cheaper than gasoline or diesel on a per mile basis. “There are a lot of big fleets who have been looking for green solutions but haven’t had any answers until now,” William C. Ford Jr., the company’s chairman and a great-grandson of Henry Ford, said in an interview. General Motors and start-ups like Rivian are also working on electric pickups. Rivian has said it will start delivering its truck, the R1T, this summer and G.M. is expected to sell the GMC Hummer pickup truck later this year. A big question about electric pickups is whether many people will buy them. Beyond commercial buyers, trucks like the F-150, Chevrolet Silverado and the Ram tend to be bought by people who have a lot of stuff to haul or by people — usually men — who like driving trucks. Updated  May 19, 2021, 3:44 p.m. ET “There will probably be some initial raised eyebrows, but once we get people to experience the driving dynamics and the extra room, the skepticism will abate,” Mr. Ford said. The F-Series trucks have been the top-selling model line in the United States for the last 44 years. A 2020 study by the Boston Consulting Group found the truck supports 500,000 jobs at Ford, parts suppliers and dealerships. Ford’s introduction of the Lightning got a major boost from Mr. Biden, who on Tuesday visited the company’s Rouge Electric Vehicle Center where the pickup will be made. Before a pool of White House reporters gathered at the plant, Mr. Biden pulled up behind the wheel of a prototype covered in black-and-white camouflage sheeting used to conceal the shape of the truck ahead of the Wednesday event. “This sucker’s quick,” Mr. Biden said, and let slip that the truck can zoom to 60 miles an hour in 4.4 seconds, a detail that wasn’t supposed to be released until Wednesday. Mr. Biden then zoomed off, reaching a top speed of 80 m.p.h. The Secret Service normally does not allow presidents to drive. Ford officials were not sure Mr. Biden would drive the truck until he arrived at the Rouge center, but it’s not a surprise he did. Mr. Biden is a well known car enthusiast and owns a green 1967 Corvette that was given to him by his father as a wedding present. In 2016, he and his Corvette appeared on an episode of “Jay Leno’s Garage,” in which he drove the car at an enclosed Secret Service training facility. Ford’s plan to produce an electric truck in the Midwest with union labor closely aligns with the Biden administration’s goal to cut greenhouse gas emissions, increase domestic manufacturing, support unions and accelerate the transition to electric vehicles. The administration’s $2 trillion infrastructure proposal includes money to help build half a million charging stations and incentives for the purchase of electric vehicles. Ford has said it plans on spending $22 billion to develop electric vehicles over a five-year period ending in 2025. Other automakers are moving in the same direction. G.M. is spending a similar sum and has said it aims to produce only electric vehicles by 2035, setting a target date for phasing out the internal combustion engine, which has powered the auto industry for more than a century. G.M. recently introduced an updated version of its electric car, the Chevrolet Bolt. It also plans to make an electric version of its popular Silverado pickup truck, which is one of the biggest competitors to the F-150. Source link Orbem News #Aims #Electric #EVs #F150 #Fords #Model #Pickup
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alwaysawesomesblog · 4 years ago
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YelloPro Custom Fit Reflective Front Windshield Sunshade for 2019 2020 2021 Chevrolet Silverado 1500, Regular cab, Crew cab, Double Cab 2Dr 4Dr [Made in USA]
YelloPro Custom Fit Reflective Front Windshield Sunshade for 2019 2020 2021 Chevrolet Silverado 1500, Regular cab, Crew cab, Double Cab 2Dr 4Dr [Made in USA]
Price: (as of – Details) This high-quality yet lightweight windshield Sunshade is an affordable way to protect the dash and other interior components from harmful UV rays while reducing the heat build-up in your vehicle. They are custom cut using the latest in computer-aided cutting technology. YelloPro Sunshades are reflective, insulating and custom fit for each car model.Computer precision cut…
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sarcasticmotherhood · 4 years ago
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Six Tesla Cybertruck alternatives to get excited about
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Companies new as well as previous are planning on launching their extremely own electric vans-- a few of which could be with the ability of dethrone Tesla due to the fact that the king of EVs. In any case, pickup vans account for a fifth of brand-new lorries marketed in the United States and also there aren't any kind of electrical variations on the market but. The inquisitiveness is there-- manufacturers now have to deliver.
Six Tesla Cybertruck alternatives Vans are coming. In addition to the Cybertruck, a number of the huge truckmakers-- along with Jeep and also Usual Motors-- have introduced or at the least hinted that they'll be building an EV pick-up and the writing gets on the wall for everyone else.
In the meantime, there's one point useful to be specified about seeing electric vans from the established manufacturers rather than start-ups. As Tesla and also a litany of currently fallen short EV start-ups have actually verified, constructing lorries is unquestionably exhausting. Prevails Motors additional most likely to follow using in producing a secure automobile? More than likely.
Truck customers require capability, efficiency, as well as, most importantly, great appears. It does not matter if Ford vans are Ford Truck Powerful on the occasion that they do not look the fifty percent. Provided right here are the Inverse choices for electrical vans you have to be enthusiastic regarding if your booking for the Tesla Cybertruck takes some time to fill.
GMC Hummer EV
The Hummer is once more and it appears remarkable. Establish for a full expose this Saturday (4/3), the GMC Hummer (it's not a standalone model anymore) is an all-electric pick-up with some incredible statistics, at the least on the top-trim design:
350+ mile differ
0-60 mph in ~ Three secs
As much as 1,000 horsepower
11,500 lb-ft of torque
Starts rounded $80,000 and runs efficiently north of $100Okay with all of the selections ticked
It in addition assures an "Infinity Roof covering" with removable T-top glass panels, Typical Motor's extraordinary Super Cruise ship driver-assist system, and also a wild particular described as CrabWalk that allows the vehicle to drive diagonally.
Initial deliveries of the GMC Hummer EV are anticipated late 2021.
Ford F-150 EV
We don't recognize a lot in relation to the Ford F-150 EV nonetheless all of us understand that it exists.
Earlier this twelve month, Ford presented that it will certainly be investing $22 billion in electrification, with Chief Executive Officer Jim Farley assuring that the company was "all in and will not deliver flooring to any person" in the case of electric cars. He in addition promised an all-electric F-150 by the facility of 2022, and also the company introduced that the truck can be in-built Michigan.
The new 2021 Ford F-150 has actually obtained essential crucial praise, as well as an EV version would certainly possible be an instantly hit-- Ford's line of F-Collection pick-ups have actually been the very popular auto in America for several years. That mentioned, in the case of rates, differ, horse power, and all the pieces else, we'll simply have to attend and see.
Chevrolet Silverado EV
If really did not recognize a great deal in relation to the Ford F-150, all of us know also much less concerning Chevy EV pick-up. Apart from a solitary reference in a drawn-out keynote deal with by GM CEO Mary Barra on the digital CES this 12 months, we 'd only recognize in regards to the electric Silverado (if it's described as that) from spy pictures and hypothesis.
Nevertheless Barra assured that Chevrolet would certainly "extra widen its differ of electrical vehicles to full-size pickup vans" so most of us recognize one thing is coming. As a matter of fact, this is identical firm that's creating the insane GMC Hummer, so maybe the Chevy model can be associated in technology however a bit tamer.
Jeep Wrangler Magneto.
Final week, Jeep introduced its yearly lineup of Easter Jeep Safari idea vehicles as well as the Jeep Wrangler Magneto was the shock of the team. Jeep typically uses these suggestions to trace at what's coming, and that is an thrilling one. The Jeep Magneto idea joins the here and now plug-in crossbreed Jeep Wrangler 4xe (which you'll really acquire) as the one energized automobile in Jeep's lineup.
We do not understand when or if Jeep would make the Magneto, but it surely's a secured hunch that they're contemplating it. These Easter Jeep Safari autos aren't just for present-- the corporate generally invests a selection of money as well as time into ensuring they really function. Simply a couple of years in the past I purchased to drive a concept Wrangler with a 707-horsepower Hellcat engine shoehorned listed below the hood. It was absurd.
The Magneto is a bit much less absurd and a bit added reality:.
273 lb-ft of torque and 285 horse power, similar to the three.6-liter Pentastar V6 in the normal Wrangler.
Just like all EV's, every one of the torque is supplied immediately, something that's significantly essential for off-roading.
The batteries and battery administration component are all housed in water-proof rooms permitting the car to ford as high as 30-inches of water.
Two 12-volt batteries are included to energy tools like lights, the radio, or a winch.
Rates as well as schedule aren't obtainable actually, given that it is a one-off, however it definitely supplies us a peek right into what Jeep might create for us eventually.
Rivian R1T.
Rivian is amongst the most encouraging start-up EV companies, with the R1T as its first introduced product. The corporate claims it can start deliveries of the truck this year and the corporate recently closed a $2.65 billion financial investment round with some actually significant names-- together with Amazon.com, Ford, as well as Constancy-- collaborating.
The R1T assures some magnificent specs:.
0-60 miles per hour in Three secs.
As much as 11,000 kilos pulling ability.
A 3-foot wading depth.
4 110-volt onboard family sellers, excellent for tenting out within the wilderness.
A 300-plus mile differ.
Preorders are open now for $1,000 down for an approximated January 2022 supply, with a base worth of rounded $67,500, rising to $100Okay in the event you embrace concerns just like the non-obligatory integrated induction cooktop, a built-in sink, bigger battery pack, and also added.
Bollinger B2.
No electrical vehicle checklist can be complete with out the boxy and beautiful Bollinger B2.
Similar to the Cybertruck, it is a full love-it-or-hate-it-mobile. It's unapologetically practical and that's simply just how Bollinger likes it. The eponymous owner, Robert Bollinger, needed a sturdy, off-road succesful electrical truck. When he couldn't uncover one, he identified to create one. So right here we're.
A few of Bollinger B2's quoted specs:.
614 horse power.
668 ft-lb of torque.
7,500 lb towing capacity.
Estimated 200-mile differ.
An all that might be yours for the unapologetically extreme worth of $125,000. Bollinger will luckily take your $1,000 deposit to order your B2 and likewise you'll be tooling round your nation property in blissful silence extremely rapidly. Or each time they last but not least take place sale.
To find out more and subscribe to Electric Singularity on YouTube for exclusive videos.
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orbemnews · 4 years ago
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Jobs Report Is Expected to Be Strong as Rebound Picks Up Speed: Live Updates Here’s what you need to know: A bartender at Frasca Food and Wine in Boulder, Colo. The labor market will need months of strong growth to approach its prepandemic level.Credit…Eliza Earle for The New York Times The U.S. job market is ready for takeoff — and this time, few economists expect it to come crashing back down to earth. The Labor Department will release data on Friday detailing hiring and unemployment in March. Forecasters surveyed by FactSet expect the report to show that U.S. employers added more than 600,000 jobs last month, up from 379,000 in February and the most since October. Even better numbers probably lie ahead. The March data was collected early in the month, before most states broadened vaccine access and before most Americans began receiving $1,400 checks from the federal government as part of the most recent relief package. Those forces should lead to even faster job growth in April, said Jay Bryson, chief economist for Wells Fargo. “If you don’t get a barn burner in March, I think you’re probably going to get one in April,” he said. The biggest risk to the economy is as it has been for the last year: the pandemic itself. Coronavirus cases are rising again in much of the country as states have begun easing restrictions. If that upward trend turns into a full-blown new wave of infections, it could force some states to backpedal, impeding the recovery, Mr. Bryson warned. But few economists expect a repeat of the winter, when a jump in virus cases pushed the recovery into reverse. More than a quarter of U.S. adults have received at least one dose of a coronavirus vaccine, and more than two million people a day are being inoculated. That should allow economic activity to continue to rebound. “This time is different, and that’s because of vaccines,” said Julia Pollak, a labor economist at the job site ZipRecruiter. “It’s real this time.” Still, the labor market will need many months of strong growth to return to anything close to its prepandemic level. As of February, the United States had roughly 9.5 million fewer jobs than in February 2020, and the gap is even larger when accounting for a year’s worth of missed job growth. Forecasters expect the March report to show that the unemployment rate fell to 6 percent, down from 6.2 percent in February and from a peak of nearly 15 percent in April. But economists caution against reading too much into the unemployment rate, which excludes millions of people who left the labor force during the pandemic, in many cases because they needed to care for children while schools were closed or because they did not feel safe going to work. If those people begin to look for jobs again as the pandemic ebbs — as economists hope they will — the official unemployment rate might be slow to recover. “So many people have been pushed out by the pandemic and its fallout that the short-term trends are going to be really hard to parse out,” said Nick Bunker, research director for the hiring site Indeed. Ed Bastian, the chief executive of Delta, was accused by Georgia’s governor of spreading “the same false attacks being repeated by partisan activists.”Credit…Steve Marcus/Reuters For two weeks, Delta Air Lines and Coca-Cola had been under pressure from activists and Black executives who wanted the companies to publicly oppose a new law in Georgia that makes it harder for people to vote. On Wednesday, six days after the law was passed, both companies stated their “crystal clear” opposition to it. Now Republicans are mad at the companies for speaking out. Hours after the companies made their statements, Gov. Brian Kemp, a Republican, took aim at Ed Bastian, the chief executive of Delta, accusing him of spreading “the same false attacks being repeated by partisan activists.” And Republicans in the Georgia state legislature floated the idea of increasing taxes on Delta as retribution. On Thursday, Senator Marco Rubio of Florida posted a video in which he called Delta and Coca-Cola “woke corporate hypocrites.” Senator Roger Wicker of Mississippi said Coca-Cola was “caving to the ‘woke’ left.” And Stephen Miller, an adviser to former President Donald J. Trump, said on Twitter, “Unelected, multinational corporations are now openly attacking sovereign U.S. states & the right of their citizens to secure their own elections. This is a corporate ambush on Democracy.” It was another illustration of just how fraught it is for big companies to wade in to partisan politics, where any support for the left draws the ire of the right, and vice versa. Other big Georgia companies have managed to stay on the sidelines. UPS, which is based in Atlanta, also refrained from criticizing the new law before it was passed. On Thursday, the company said it “believes that voting laws and legislation should make it easier, not harder, for Americans to exercise their right to vote.” It made no mention of the law. Mannequins at a Brooks Brothers warehouse in Enfield, Conn.Credit…Amr Alfiky/The New York Times In the fallout of Brooks Brothers’ bankruptcy filing and sale last year, the retailer abandoned a warehouse in Connecticut full of junk — mannequins, sewing machines and a whole section of Christmas trees. Ever since, the couple that owns the warehouse, Chip and Rosanna LaBonte, has been scrambling to figure out how to get rid of it all. Junk removal companies have told them it will cost at least $240,000 to clear the space, which Brooks Brothers had rented through November, Sapna Maheshwari and Vanessa Friedman report for The New York Times. In order to pay the bill, the LaBontes are going to have to sell their home. Chip and Rosanna LaBonte, owners of the warehouse where Brooks Brothers stashed its stuff before abandoning it.Credit…Amr Alfiky/The New York Times Brooks Brothers, which was founded in 1818 and is the oldest continuously operated apparel brand in the United States, began renting the warehouse in Enfield in 2011, most recently at a rate of roughly $20,000 a month. The couple bought the warehouse in 2010. They said that it was their first foray into commercial real estate and that they worked on residential projects before that. They have other tenants and a self-storage section, but are frustrated about the mess and the fact they can’t use the space for anything else until it is cleared. The couple’s plight illustrates the far-reaching consequences of retail bankruptcies, which cascaded during the pandemic and affected everyone from factory workers to executives. Smaller vendors and landlords have often been left holding the short end of the stick during lengthy byzantine bankruptcy proceedings, particularly with limits on what they can spend on legal bills compared with larger corporations. And once bankrupt brands are sold, people like the LaBontes are typically left in the dust. Ford and enjoyed substantial increases in sales to individual customers at dealerships while reporting declines in sales to fleet operators.Credit…Brittany Greeson for The New York Times General Motors reported a modest rise in car sales in North America for the first quarter, but its operations continue to be hampered by a shortage of computer chips. G.M. said on Thursday that it sold 642,250 cars and light trucks in the first three months of the year, up just 4 percent even though sales a year ago slowed sharply as the coronavirus pandemic took hold. By contrast, Toyota Motor showed a strong rebound in sales compared with a year ago. The Japanese company reported that sales in North America jumped 22 percent in the first three months of 2021, to 603,066 cars and light trucks. Its March sales were a record high for that month. Toyota’s big jump helped it outsell Ford Motor, which has also been hit by the semiconductor shortage. Ford’s sales in the first quarter were up just 1 percent, to 521,334. Stellantis — the company formed by the merger of Fiat Chrysler and France’s Peugeot SA — reported its U.S. sales increased 5 percent in the first quarter. Ford and G.M. both enjoyed substantial increases in sales to individual customers at dealerships while reporting declines in sales to fleet operators like rental car companies and governments. G.M. and Ford have had to halt or slow production at a handful of plants. G.M. has resorted to making some vehicles without parts containing computer chips with the intention of installing those components before sale when supply improves. In a statement, G.M. said it hoped its strategy for building cars without some components would help it “quickly meet strong expected customer demand during the year.” That approach to building cars “underscores the dire nature” of the semiconductor shortage, an analyst at CFRA Research, Garrett Nelson, said in a report. “One of the key questions is how much better the U.S. auto sales recovery can get from here.” The chip shortage is reflected in G.M.’s unusually low inventory of 334,628 vehicles. That is about 76,000 less than at the end of the fourth quarter and is half the number of vehicles its dealers held in stock a year ago. Ford’s inventory was 56,100 lower than at the end of 2020. G.M.’s sluggish sales were confined to its Chevrolet brand, whose sales fell 2 percent in the first quarter. That included a 13 percent decline in sales of its full-size Silverado pickup truck, a critical profit maker for the company. The Buick, Cadillac and G.M.C. brands reported strong sales in the quarter. Toyota also reported a drop in sales of its full-size pickup, the Tundra. But the decline was more than offset by big increases in sales of its RAV4, Highlander and 4Runner sport-utility vehicles and cars from its Lexus luxury brand. Also on Thursday, Honda Motor reported its first-quarter sales in North America had increased 16 percent, to 347,091 vehicles. Source link Orbem News #expected #jobs #Live #Picks #Rebound #Report #speed #strong #Updates
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desirelovell · 4 years ago
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crazy4tank · 4 years ago
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2021 Chevy Colorado ZR2: Costs, Facts, And Figures | HotCars
New Post has been published on https://coolcarsnews.com/2021-chevy-colorado-zr2-costs-facts-and-figures-hotcars/
2021 Chevy Colorado ZR2: Costs, Facts, And Figures | HotCars
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Chevrolet Colorado has been a favorite amongst people looking to buy a midsize pickup truck. That said, competition is robbing its sales with the likes of the Toyota Tacoma getting more market share. Others like the Nissan Frontier and the Ford Ranger are also in the minds of potential buyers.
But if you do have enough budget to spend on one of the more off-road centric versions of a truck, why hold back? Inevitably you’d have to end up choosing one and it’s quite hard given the number of offerings currently available. The Chevy Colorado ZR2 is more of an off-road specific build than a daily. With an impressive fanbase the Colorado soldiers on whilst its corporate sibling, the GMC Canyon caters to a different clientele.
For 2021, the Chevrolet Colorado ZR2 remains relatively unchanged with a few minor tweaks across the exterior and interior. With prices starting at $41,600, is the midsize Chevrolet pickup all show and no go? Let’s find out.
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The 2021 Colorado has retained its engine options as before. The Chevy offers a choice of either a diesel-powered 2.8-liter Duramax engine and an optional 3.6-liter gasoline V6. Power figures are rated at 308 horsepower and 275 lb-ft of torque for the V6 Colorado. The Duramax diesel is good for 186 horsepower and a whopping 369 lb-ft of torque, ideal for someone looking to exploit the road less traveled. In terms of transmission, the Chevy gets a 6-speed auto for the inline-four diesel and an 8-speed automatic for the V6. The Colorado ZR2 gets both front and rear locking diffs plus a switchable four-wheel-drive system making it more versatile across demanding scenarios. Towing capabilities of the 2021 Chevy Colorado remain impressive at 7000 pounds for the V6 and 7700 pounds with the diesel when equipped with the Trailer package.
Although the Duramax diesel has less oomph on paper, the amount of twist it generates surpasses whatever the gasoline engine offers. The choice of which engine should you equip relies on what you expect from the ZR2. For instance, if you’re a serious off-road junkie, the torquey diesel should prove ideal, however, if your commute is more on the pavement, opting for the better-refined gasoline engine should be appropriate. Irrespective of engines, on the road, the Colorado is surprisingly well behaved and handles corners with minimal roll. Further complementing its on-road abilities is the lack of judder or flex usually exhibited by body-on-frame designs.
RELATED: 10 American Trucks We'd Be Embarrassed To Drive
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Notable exterior changes for 2021 include a revised grille for the Colorado ZR2. You get a unique grille design with layered protrusions that give the front fascia a dominating appeal. A similar design can be seen on Chevy’s larger Silverado making the design ethos cohesive across the range. Also new for 2021 is the “Chevrolet” badge spelled out and the “bow-tie” being offset to the side. Instead of a solid design, the logo is actually hollowed out in order to improve airflow, Chevy calls it the “flow tie.” The rest of the design is largely familiar to the outgoing model with similar projector headlamps, which, is more of a sore thumb by 2021 standards.
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That said, the contoured front bumper design enhances the overall presence since it exposes a portion of the massive front tires. The side profile is reminiscent of previous Colorados and so is the rear tailgate. Side exit exhaust further adds to the drama along with a fixed spare wheel on top of the bed and adjustable auxiliary lights mounted on the exterior roll cage. Interiors have no noteworthy highlights and carry over the existing design, which is really a shame given most of its competitors offer a slightly better interior ambiance. As standard, the 2021 Chevy Colorado ZR2 gets an 8-inch touchscreen infotainment with Android Auto and Apple CarPlay. Every other function seems rudimentary and the available smartphone integration does improve the infotainment’s user interface. The lack of modern driver-assistance tech is also one of its shortfalls which we hope GM will be addressing in future models.
RELATED: Here Are The Top Mid-Size Pickup Trucks Of 2020
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The 2021 Chevrolet Colorado ZR2 comes at a starting price of $41,600 for the extended cab and $43,200 for the crew cab. In its ZR2 guise, the Chevy Colorado gets a host of accessories as standard. Painted stainless steel tubular rocker protectors and a full suite of skid plates along with off-road spec DSSV dampers are standard equipment. In addition to this, the ZR2 gets a 3.5-inches wider track, increased ride height of two-inches, and an optional snorkel. Wide Goodyear off-road spec tires are available for the ZR2. Couple that with its capable powertrain, the Chevrolet Colorado ZR2 has enough oomph to get you through the gnarliest of terrains without much drama.
Sources: Motortrend, YouTube, Edmunds
NEXT: Which Truck Is Right For You: Toyota Tacoma TRD Pro Vs Chevrolet Colorado ZR2
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dipulb3 · 4 years ago
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Some GM truck owners will pay more at the pump because of a computer chip shortage
New Post has been published on https://appradab.com/some-gm-truck-owners-will-pay-more-at-the-pump-because-of-a-computer-chip-shortage/
Some GM truck owners will pay more at the pump because of a computer chip shortage
GM said Monday it will build some versions of the Chevrolet Silverado and the GMC Sierra without a fuel management module that improves mileage by about 1 mile per gallon.
Unfortunately for buyers, even once the chips are available, GM will not be able to retrofit the engines with the missing fuel management module. So the decrease in mileage, to about 16 miles per gallon from 17, will be permanent.
Buyers will get a small consolation prize a $50 credit off of the list price of the vehicle. The mileage sticker in the window will also be changed to reflect a lower mileage, according to GM spokeswoman Michelle Malcho.
The affected versions of the trucks are those that have a 5.3-liter EcoTec3 V8 engine and either a 6- or 8-speed automatic transmission.
The entire auto industry has been affected by the shortage of computer chips, with temporary plant shutdowns becoming common as a result.
Automakers cut back orders for computer chips early last year when the pandemic slammed the brakes on auto sales and production — but then, car sales bounced back sooner than expected Meanwhile, the consumer tech industry had been busy snapping up the excess supply of chips thanks to increased demand for devices in the work-from-home era.
It’s all left automakers struggling with a chip shortage, and it will have a significant effect: GM has said that it expects 2021 profit will be reduced by $1.5 billion to $2 billion because of the chip shortage. The company It has temporarily shut three plants — the Fairfax plant in Kansas City, Kansas, CAMI in Ingersoll, Ontario, and San Luis Potosi in Mexico — in early February and they remain closed.
GM has also built some vehicles without missing computer chips, planning to add them once available after the rest of production is complete.
But it has been trying to maintain production of its relatively hot-selling full-size pickups like the Silverado and the Sierra, as well as full-size SUVs. These versions of the pickups are considered a “light duty” version of the trucks, with a smaller engine than the “heavy duty” models.
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