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Yesterday, President Donald Trump announced a new round of tariffs on about $200 billion in Chinese goods beginning next Monday. The tariffs are set at 10 percent and could rise to 25 percent in January if the Chinese government refuses to offer concessions. Today, the Chinese government announced that it would take retaliatory action by placing tariffs on $60 billion of U.S. goods. This is bad news for automakers as the Detroit Free Reports that more than 100 car parts - ranging from tires to batteries - will be hit by the tariffs. Analysts told the paper the increased tariffs will raise prices and cause sales to fall, along with profits being cut for automakers. It's going to be felt by Americans and it's going to be a big deal. Tariffs are taxes on consumption. Eventually, costs will be passed down to the consumer. This will drive vehicle costs higher. It also includes a lot of body shop equipment," said Peter Nagle, senior analyst at IHS Markit. Analysts all agree that prices will go up, but aren't sure by how much. "Prices are going to go up, but they won't go up by 25 percent. It is most unfortunate that this is coming at a time when the auto cycle is in very late stage. Vehicle sales already are in slow decline. This will probably will be quite a gut punch when they are forced to raise prices," explained Jon Gabrielsen, a market economist who advises automakers and auto suppliers. "It covers literally everything that goes into the construction of an automobile, from the smallest components and material inputs like the cords in tires and shafts and gears and bearings all the way up to completed engines and, in some cases, chassis with engines mounted. Thing is, it takes about three years to source each product. It takes many years and possibly a decade to make that full move." Automakers didn't comment as to how they plan to absorb and pass the cost onto consumers. They did reiterate pleas for both governments to sit down and work this out. Source: Detroit Free Press, Bloomberg via Automotive News (Subscription Required) View full article
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Why New Car Prices Are Expected To Rise Next Year
William Maley posted an article in Automotive Industry
Yesterday, President Donald Trump announced a new round of tariffs on about $200 billion in Chinese goods beginning next Monday. The tariffs are set at 10 percent and could rise to 25 percent in January if the Chinese government refuses to offer concessions. Today, the Chinese government announced that it would take retaliatory action by placing tariffs on $60 billion of U.S. goods. This is bad news for automakers as the Detroit Free Reports that more than 100 car parts - ranging from tires to batteries - will be hit by the tariffs. Analysts told the paper the increased tariffs will raise prices and cause sales to fall, along with profits being cut for automakers. It's going to be felt by Americans and it's going to be a big deal. Tariffs are taxes on consumption. Eventually, costs will be passed down to the consumer. This will drive vehicle costs higher. It also includes a lot of body shop equipment," said Peter Nagle, senior analyst at IHS Markit. Analysts all agree that prices will go up, but aren't sure by how much. "Prices are going to go up, but they won't go up by 25 percent. It is most unfortunate that this is coming at a time when the auto cycle is in very late stage. Vehicle sales already are in slow decline. This will probably will be quite a gut punch when they are forced to raise prices," explained Jon Gabrielsen, a market economist who advises automakers and auto suppliers. "It covers literally everything that goes into the construction of an automobile, from the smallest components and material inputs like the cords in tires and shafts and gears and bearings all the way up to completed engines and, in some cases, chassis with engines mounted. Thing is, it takes about three years to source each product. It takes many years and possibly a decade to make that full move." Automakers didn't comment as to how they plan to absorb and pass the cost onto consumers. They did reiterate pleas for both governments to sit down and work this out. Source: Detroit Free Press, Bloomberg via Automotive News (Subscription Required)- 10 comments
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NAFTA The latest rounds of the renegotiation talks have started, and they have an emphasis on U.S. demanding new content rules. Just to summarize, the U.S. wants more domestic content, which means NAFTA region countries, and 50% mandatory U.S. content, just to name a few of the changes. This hopefully isn't too political of an issue, it's more to do with how you feel about the rules should be for automakers and their suppliers doing business in America, Canada and Mexico. I think the U.S. demands - on paper, atleast are fair. U.S. is the largest market for autos in NAFTA region. I want to hear more of just how you feel about this issue. Feel free to source links where more of your opinions can be expanded and read more about.
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If you have a Chevrolet Corvette Stingray sitting in your garage and wished it had some of performance found on the hot Corvette Z06, then we have some good news for you. This week at the SEMA show, Chevrolet announced a new series of performance parts derived from the Z06. The parts include new brakes, chassis components, cooling components, and suspension. They can be added to any Corvette Stingray, even those without the Z51 Performance Package. "No one has spent more time developing Corvette performance parts than Chevrolet and this new range of components is the result of countless hours of testing that aftermarket companies can't match. You can mix and match the parts to build your own ultimate Stingray track car – all with factory-engineered components customers can trust will fit and perform as expected," said Mark Dickens, director, Performance Variants, Parts and Motorsports. Source: Chevrolet Press Release is on Page 2 New Z06 Parts Enhance Corvette Stingray Performance Broad range of chassis, suspension and aero components enhance capability PAHRUMP, Nev. – Chevrolet today and drivers from the Ron Fellows Corvette high-performance driving school at the Spring Mountain track demonstrated Stingray models enhanced with components from a new lineup of Z06-based performance parts. They're designed for 2014+ Stingray models, including Z51-equipped cars. "We've selected specific components from the Corvette Z06 and engineered them to fit the award-winning Stingray," said Jim Campbell, Chevrolet U.S. vice president of Performance Vehicles and Motorsports. "These Z06 parts enhance the handling, braking, cooling and downforce performance of the Stingray." Ron Fellows, champion Corvette Racing driver, collaborated with Chevrolet Performance engineers on the all-new portfolio. Many will be used in cars in the new Michelin Corvette Challenge racing series, which was developed with Fellows and will run a 15-race schedule starting in February 2016. "Here at Spring Mountain, we drive the Corvette Stingray and Z06 at their limits nearly every day, so we're in a unique position to recognize the parts that are most effective," said Ron Fellows. "The effect of the new, Z06-based parts on the Stingray's track capability is dramatic. They take the Stingray's already great stopping and cornering capabilities to yet another exciting level of stability and precision." Most of the Z06 parts are offered as direct replacements for the Stingray's original parts. "No one has spent more time developing Corvette performance parts than Chevrolet and this new range of components is the result of countless hours of testing that aftermarket companies can't match," said Mark Dickens, director, Performance Variants, Parts and Motorsports. "You can mix and match the parts to build your own ultimate Stingray track car – all with factory-engineered components customers can trust will fit and perform as expected." The new performance parts portfolio includes: Corvette Z06 Level 3 Aero Package This kit is an upgrade for Level 2-equipped Corvette Z06 models and adds elements from the Z07 Performance Package, including larger end plates to the front splitter, as well as an adjustable, transparent wickerbill on the rear spoiler. Corvette Z06 600-Watt Radiator Fan Developed to meet the Z06's cooling requirements, this powerful, 600-watt radiator cooling fan increases the fan speed over the Stingray's 500-Watt system for greater airflow and enhanced cooling capability. It is a direct replacement for the standard Corvette Stingray cooling fan. Corvette Secondary Radiator Kit This kit adds cooling capability to manual transmission Corvettes (base Stingray, Z51 and Z06). The engine coolant temperatures are lowered 25 degrees F along with lowering engine oil temperatures 15 degrees F. The addition of the Z06 grille further enhances the cooling performance of this kit. Corvette Z06 Grille Kit The Z06 front grille was designed to provide maximum airflow to the radiator, intercooler and brake cooling ducts for the 650-hp supercar, resulting in a 17-percent increase in front-end airflow, compared to the grille of the Corvette Stingray Z51. It's a direct replacement for the Stingray grille insert. Additionally, the inlet ramps to the brake cooling ducts were optimized to balance the airflow demands of brake cooling and engine cooling. Corvette Z06 Quarter Panel Vents They offer larger openings than the Corvette Stingray, for increased airflow to the transmission oil cooler and differential cooler – an approximately 25-percent improvement over the airflow of the Z51 at speed, to help maintain cooling performance. Corvette Z06 Rear Transmission Oil Cooler The larger Z06 rear transmission oil cooler fits in the same location as the base Stingray and Z51 cooler and adds extra cooling capacity. It works best when paired with the Z06 Quarter Panel Vents to maximize airflow through the cooler. Corvette Z06 Carbon Fiber Torque Tube and Prop Shaft Kit The lightweight Z06 Carbon Fiber Torque Tube assembly saves almost 15.5 pounds (7 Kg) compared to the Stingray's steel-intensive torque tube. The kit also includes higher-temperature rubber couplers in the prop shaft. Applications vary by transmission and model year. The torque tube is also available separately. Corvette Stingray Heat Shield This larger heat shield helps protect the prop shaft from higher temperatures. It is only required for 2014 Corvette Stingray models. It is included on 2015+ models. Corvette Z06 Prop Shaft Assembly with High-Temp Couplers The Corvette Z06's internal prop shaft includes rubber couplers designed for higher temperatures and a larger heat shield. These couplers are included with the Corvette Z06 Carbon Fiber Torque Tube and Prop Shaft Kit. Corvette Z06 Carbon Fiber Underbody Braces* These carbon fiber underbody braces are 17 percent lighter than the aluminum braces on the Corvette Stingray, while also offering an improvement in overall torsional stiffness. They are a direct replacement for the standard braces. Corvette Z06 Brake Kits (Iron Rotors) for Stingray with Z51* Designed for Stingray models equipped with the Z51 package, they feature the Z06's standard, two-piece and slotted iron rotors – measuring 14.6-in. x 1.3-in (370mm x 34mm) for the front rotors and 14.4-in. x 1-in. (365mm x 26mm) for the rear. The front kit uses aluminum monoblock six-piston calipers, while the rear kit features four-piston fixed calipers. The front calipers also feature vented pistons for improved pad and brake fluid cooling. They also offer differentiated piston diameters of 30mm, 34mm and 38mm (leading to trailing), for more even pad pressure for improved pad wear. These brakes will not fit under base Stingray or Z51 wheels. They require a minimum of 4mm wheel clearance between the outboard face of the caliper and the inner wheel spokes. Corvette Stingray Z51 Brake Kit Designed as an upgrade for the standard Stingray, this Z51 brake complete kit – front and rear – features slotted rotors measuring 13.6 inches (345mm) in front and 13.3 inches (338mm) in the rear. This increases the overall diameter in relation to the standard 12.6-in. (321mm) front rotors. Coupled with the new Z06/Z51 Brake Cooling Kit, this system will match the braking performance of the factory Z51 brake system. Corvette Z06/Z51 Front Brake Cooling Kit This kit includes brake ducts and deflectors that channel air from the front grille through the wheel wells to cool the front brakes and expel heat. On a standard Corvette Stingray, it increases airflow by 16 percent, enhancing stopping performance by reducing temperature and the chance for brake fade. For optimal performance, it should be used with the Z51 Brake Package and the Z06 Grille Kit. Corvette Stingray T1 Suspension* This suspension package was developed to improve the on-track handling capabilities of the Corvette Stingray, including Z51-equipped models. It includes more aggressive shocks, stiffer stabilizer bars and new lower control arms with stiffer bushings. It was developed for racing and the aggressive shocks were utilized to maintain eligibility to compete within the rules of most club racing sanctioning bodies. It is currently homologated in SCCA's Touring 1 class. Corvette Stingray Track Day concept Chevrolet is showcasing the new parts portfolio on the Z51-based Stingray Track Day concept vehicle, which is on display this week at the SEMA Show, in Las Vegas. In addition to the new performance parts, the Gloss Black concept includes a unique air extractor hood with red accents on hood vent grille, mirrors and rear spoiler. Additional visual distinction comes from Carbon Flash vents and rocker extensions, along with a carbon fiber roof panel, front fascia extension and door inserts. It also features edge-lit LED turn signals. Inside, the black cabin is outfitted with the Competition Sport seats that are optional on the Stingray, along with suede inserts on the shifter and steering wheel. A rear crossbar was added for mounting a five-point harness, while the available Performance Data Recorder captures the car's performance. Performance is driven by the standard LT1 6.2L V-8, rated at 460 horsepower and 465 lb-ft of torque with the available exhaust system, and backed by a seven-speed manual transmission with Active Rev Match. View full article
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If you have a Chevrolet Corvette Stingray sitting in your garage and wished it had some of performance found on the hot Corvette Z06, then we have some good news for you. This week at the SEMA show, Chevrolet announced a new series of performance parts derived from the Z06. The parts include new brakes, chassis components, cooling components, and suspension. They can be added to any Corvette Stingray, even those without the Z51 Performance Package. "No one has spent more time developing Corvette performance parts than Chevrolet and this new range of components is the result of countless hours of testing that aftermarket companies can't match. You can mix and match the parts to build your own ultimate Stingray track car – all with factory-engineered components customers can trust will fit and perform as expected," said Mark Dickens, director, Performance Variants, Parts and Motorsports. Source: Chevrolet Press Release is on Page 2 New Z06 Parts Enhance Corvette Stingray Performance Broad range of chassis, suspension and aero components enhance capability PAHRUMP, Nev. – Chevrolet today and drivers from the Ron Fellows Corvette high-performance driving school at the Spring Mountain track demonstrated Stingray models enhanced with components from a new lineup of Z06-based performance parts. They're designed for 2014+ Stingray models, including Z51-equipped cars. "We've selected specific components from the Corvette Z06 and engineered them to fit the award-winning Stingray," said Jim Campbell, Chevrolet U.S. vice president of Performance Vehicles and Motorsports. "These Z06 parts enhance the handling, braking, cooling and downforce performance of the Stingray." Ron Fellows, champion Corvette Racing driver, collaborated with Chevrolet Performance engineers on the all-new portfolio. Many will be used in cars in the new Michelin Corvette Challenge racing series, which was developed with Fellows and will run a 15-race schedule starting in February 2016. "Here at Spring Mountain, we drive the Corvette Stingray and Z06 at their limits nearly every day, so we're in a unique position to recognize the parts that are most effective," said Ron Fellows. "The effect of the new, Z06-based parts on the Stingray's track capability is dramatic. They take the Stingray's already great stopping and cornering capabilities to yet another exciting level of stability and precision." Most of the Z06 parts are offered as direct replacements for the Stingray's original parts. "No one has spent more time developing Corvette performance parts than Chevrolet and this new range of components is the result of countless hours of testing that aftermarket companies can't match," said Mark Dickens, director, Performance Variants, Parts and Motorsports. "You can mix and match the parts to build your own ultimate Stingray track car – all with factory-engineered components customers can trust will fit and perform as expected." The new performance parts portfolio includes: Corvette Z06 Level 3 Aero Package This kit is an upgrade for Level 2-equipped Corvette Z06 models and adds elements from the Z07 Performance Package, including larger end plates to the front splitter, as well as an adjustable, transparent wickerbill on the rear spoiler. Corvette Z06 600-Watt Radiator Fan Developed to meet the Z06's cooling requirements, this powerful, 600-watt radiator cooling fan increases the fan speed over the Stingray's 500-Watt system for greater airflow and enhanced cooling capability. It is a direct replacement for the standard Corvette Stingray cooling fan. Corvette Secondary Radiator Kit This kit adds cooling capability to manual transmission Corvettes (base Stingray, Z51 and Z06). The engine coolant temperatures are lowered 25 degrees F along with lowering engine oil temperatures 15 degrees F. The addition of the Z06 grille further enhances the cooling performance of this kit. Corvette Z06 Grille Kit The Z06 front grille was designed to provide maximum airflow to the radiator, intercooler and brake cooling ducts for the 650-hp supercar, resulting in a 17-percent increase in front-end airflow, compared to the grille of the Corvette Stingray Z51. It's a direct replacement for the Stingray grille insert. Additionally, the inlet ramps to the brake cooling ducts were optimized to balance the airflow demands of brake cooling and engine cooling. Corvette Z06 Quarter Panel Vents They offer larger openings than the Corvette Stingray, for increased airflow to the transmission oil cooler and differential cooler – an approximately 25-percent improvement over the airflow of the Z51 at speed, to help maintain cooling performance. Corvette Z06 Rear Transmission Oil Cooler The larger Z06 rear transmission oil cooler fits in the same location as the base Stingray and Z51 cooler and adds extra cooling capacity. It works best when paired with the Z06 Quarter Panel Vents to maximize airflow through the cooler. Corvette Z06 Carbon Fiber Torque Tube and Prop Shaft Kit The lightweight Z06 Carbon Fiber Torque Tube assembly saves almost 15.5 pounds (7 Kg) compared to the Stingray's steel-intensive torque tube. The kit also includes higher-temperature rubber couplers in the prop shaft. Applications vary by transmission and model year. The torque tube is also available separately. Corvette Stingray Heat Shield This larger heat shield helps protect the prop shaft from higher temperatures. It is only required for 2014 Corvette Stingray models. It is included on 2015+ models. Corvette Z06 Prop Shaft Assembly with High-Temp Couplers The Corvette Z06's internal prop shaft includes rubber couplers designed for higher temperatures and a larger heat shield. These couplers are included with the Corvette Z06 Carbon Fiber Torque Tube and Prop Shaft Kit. Corvette Z06 Carbon Fiber Underbody Braces* These carbon fiber underbody braces are 17 percent lighter than the aluminum braces on the Corvette Stingray, while also offering an improvement in overall torsional stiffness. They are a direct replacement for the standard braces. Corvette Z06 Brake Kits (Iron Rotors) for Stingray with Z51* Designed for Stingray models equipped with the Z51 package, they feature the Z06's standard, two-piece and slotted iron rotors – measuring 14.6-in. x 1.3-in (370mm x 34mm) for the front rotors and 14.4-in. x 1-in. (365mm x 26mm) for the rear. The front kit uses aluminum monoblock six-piston calipers, while the rear kit features four-piston fixed calipers. The front calipers also feature vented pistons for improved pad and brake fluid cooling. They also offer differentiated piston diameters of 30mm, 34mm and 38mm (leading to trailing), for more even pad pressure for improved pad wear. These brakes will not fit under base Stingray or Z51 wheels. They require a minimum of 4mm wheel clearance between the outboard face of the caliper and the inner wheel spokes. Corvette Stingray Z51 Brake Kit Designed as an upgrade for the standard Stingray, this Z51 brake complete kit – front and rear – features slotted rotors measuring 13.6 inches (345mm) in front and 13.3 inches (338mm) in the rear. This increases the overall diameter in relation to the standard 12.6-in. (321mm) front rotors. Coupled with the new Z06/Z51 Brake Cooling Kit, this system will match the braking performance of the factory Z51 brake system. Corvette Z06/Z51 Front Brake Cooling Kit This kit includes brake ducts and deflectors that channel air from the front grille through the wheel wells to cool the front brakes and expel heat. On a standard Corvette Stingray, it increases airflow by 16 percent, enhancing stopping performance by reducing temperature and the chance for brake fade. For optimal performance, it should be used with the Z51 Brake Package and the Z06 Grille Kit. Corvette Stingray T1 Suspension* This suspension package was developed to improve the on-track handling capabilities of the Corvette Stingray, including Z51-equipped models. It includes more aggressive shocks, stiffer stabilizer bars and new lower control arms with stiffer bushings. It was developed for racing and the aggressive shocks were utilized to maintain eligibility to compete within the rules of most club racing sanctioning bodies. It is currently homologated in SCCA's Touring 1 class. Corvette Stingray Track Day concept Chevrolet is showcasing the new parts portfolio on the Z51-based Stingray Track Day concept vehicle, which is on display this week at the SEMA Show, in Las Vegas. In addition to the new performance parts, the Gloss Black concept includes a unique air extractor hood with red accents on hood vent grille, mirrors and rear spoiler. Additional visual distinction comes from Carbon Flash vents and rocker extensions, along with a carbon fiber roof panel, front fascia extension and door inserts. It also features edge-lit LED turn signals. Inside, the black cabin is outfitted with the Competition Sport seats that are optional on the Stingray, along with suede inserts on the shifter and steering wheel. A rear crossbar was added for mounting a five-point harness, while the available Performance Data Recorder captures the car's performance. Performance is driven by the standard LT1 6.2L V-8, rated at 460 horsepower and 465 lb-ft of torque with the available exhaust system, and backed by a seven-speed manual transmission with Active Rev Match.
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Does anyone know how to locate part numbers for older GM vehicles?