Category Archives: news

IndyCar – Freedom 250 Grand Prix of Washington National Mall

“President Trump has bestowed an incredible distinction upon our sport, and we’re grateful for his trust and support as INDYCAR prepares to honor our country with a tremendous racing spectacle,” said Roger Penske, owner of the IndyCar series. “This will be a truly memorable event that celebrates our country’s independence and the legacy of patriotism, innovation and excellence that powers motorsports across America.”

The move while deeply surprising to AutoInformed is – on reflection given Fox Sports broadcasting control of the series and its parent company uncritical support of the Trump Administration – business as usual. To borrow a thought from a dictionary writer, it is not surprising that so many in all ages and countries made Patriotism a cloak for self-interest.

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Brr Frozen January U.S. Auto Sales

“Weather-related impacts from cold weather and late-month winter storm activity will likely contribute to some of the mild January result,” said Chris Hopson, manager of North American light vehicle sales forecasting for S&P Global Mobility. “Setting up what could be some volatility for the monthly SAAR metric in the first half of 2026.”

Continued development of battery-electric vehicle sales remains increasingly uncertain. The auto policy implications of the so-called One Big Beautiful Bill Act (OBBBA or One Big BAD Bill at AutoInformed.com – AutoCrat) and developing new regulatory standards could further temper long-term BEV demand growth. Continue reading

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GM to Layoff 500 Employees at Oshawa Assembly

General Motors (NYSE:GM) conformed today that Oshawa Assembly will return to two shifts of production beginning 2 February. However approximately 500 employees will be placed on layoff.

“Preparations continue at Oshawa Assembly to build the next generation of gas-powered full-size pickups, supported by a $280 million investment that reinforces Oshawa’s future in GM’s key full-size truck program,” GM said in a release. Continue reading

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GM Spending $30M at Fairfax to Flex EV and ICE Making

“For us, this work is more than building vehicles – it’s building a legacy. General Motors has been a place where families grow their careers across generations, including my own,” Fairfax Plant Director Michael Youngs said. “The investment in people isn’t just about preparing for the production of new vehicles; it’s about giving our people the opportunity to build a future their families can be proud of.” Continue reading

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First Look – Genesis X Skorpio Concept

Genesis this week unveiled the X Skorpio Concept, an off-road vehicle designed to perform within demanding terrain including deserts. This happened in Rub’ al Khali “Empty Quarter” desert in the UAE.* “The X Skorpio concept is an extreme off-road vehicle … Continue reading

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Porsche Head of Design – Sühlmann Succeeds Mauer

Porsche AG (P911.DE) said today that a generational change will see Tobias Sühlmann (46 left) succeed Michael Mauer (63 right) as Head of Design at Porsche from 1 February 2026. Sühlmann comes from, ahem, the British sports car manufacturer McLaren. … Continue reading

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GM Posts 2025 Net of $12.7B on $185B Revenue

General Motors (NYSE: GM) today reported full-year 2025 net income attributable to stockholders of $2.7 billion and EBIT-adjusted of $12.7 billion. Fourth-quarter 2025 net income attributable to stockholders was a loss of $3.3 billion, EBIT-adjusted was $2.8 billion. The GM Board announced a dividend at 20% higher quarterly rate, and approved new $6 billion share repurchase authorization.

“We expect the U.S. new vehicle market will continue to be resilient, and with our compelling vehicles, technology-driven services, and operating discipline, 2026 should be an even better year for GM. We expect our full year EBIT-adjusted margins in North America will be back in the 8-10% margin range,” said Mary Barra GM CEO and Chair. Continue reading

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EVs Outsell Internal Combustion Vehicles in EU!

EV sales outsold internal combustion vehicles in EU during December 2025, according to data published today by the European Automobile Manufacturers’ Association. Notably, Tesla at 150,504 dropped -38% for the year. Chinese maker BYD at 128,827 posted a 228% increase. [aka ACEA at AutoInformed after its original French name].* EV sales for the full year amounted to 17.4% of the European market. Continue reading

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Volvo Car Financial Services Extends BoA Deal

Volvo Car Financial Services (VCFS) and Bank of America (NYSE: BAC) today announced the extension of their long-standing relationship to provide auto loan and lease origination, financing, and servicing for Volvo Cars customers and Volvo Cars’ 280 U.S. retailers.* The collaboration, which began in 2012, will now continue through 2030. Continue reading

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Tesla, Toyota Top Power 2026 U.S. ALG Residual Value Awards

“Strong wholesale retention, solid brand value and a disciplined approach on rental fleet and incentives propelled Toyota to the top spot among mainstream brands,” said Danny Battaglia, managing director of ALG customer success at J.D. Power. “Toyota topped six segments for 2026, including a four-peat for GR Supra and five-peat for Tundra. Meanwhile, Tesla avoided the high incentives of other luxury battery electric vehicle brands in 2025. That helped earn it the top rank among luxury brands with the highest performers in three segments–including the refreshed Model Y, which included introduction of a lower-priced base version and additional content on mid-level trims.” Continue reading

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Fire Risk – Ford Recalls Escape, Explorer, Focus, MKC Models

Ford Motor Company (NYSE: F)* is recalling more than 119,000 model-year 2013-2018 Focus, 2013-2019 Escape, 2024 Ford Explorer and 2015-2016 MKC vehicles equipped with a 2-liter engine. The engine block heater may crack and develop a coolant leak, causing it … Continue reading

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Pessimism on the Economy – A Pox on Both Parties

During January 2025, 70% of voters said that “inflation or costs of goods” were getting worse for people like them. One year later, that figure has remained largely unchanged, with 74% of voters now saying that inflation is getting worse, according to the latest polling this week by Data for Progress (DFP).

“Despite Trump’s campaign promises, voters’ perceptions of the economy have not improved since he took office. But in a warning sign for Democrats, voters are still largely split over which party has solutions to lower the cost of living,” said DFP. Continue reading

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Nissan Sells South African Plants to Chery SA

Nissan and Chery SA, a subsidiary of Chinese automaker Chery Group** [China’s Number One exporter with more than 100,000 employees and sales in 132 countries or regions. AutoCrat*], said today they have reached agreement on the acquisition of Nissan’s manufacturing assets in Rosslyn, South Africa. Subject to the fulfilment of certain conditions, including regulatory approvals, Chery SA will purchase the land, buildings and associated assets of the Nissan facilities, including of its nearby stamping plant, in mid-2026.

“Nissan has a long and proud history in South Africa and has been working to find the best solution for our people, our customers and our partners. External factors have had a well-known impact on the utilization of the Rosslyn plant and its future viability within Nissan. Through this agreement we’re able to secure employment for the majority of our workforce thereby also preserving opportunities for our supplier network. This move also ensures that the Rosslyn site will continue contributing to the South African automotive sector,” claimed Jordi Vila, Nissan Africa President. Continue reading

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January 2026 U.S. Auto Sales Forecast Down

“January is historically the lowest volume sales month of the year and is also historically the least indicative of full-year sales performance. Nevertheless, January opens 2026 with a modest performance with retail sales expected to increase by 1317 units compared to a year ago,” said Thomas King, president of OEM solutions at J.D. Power. Continue reading

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FDIC Conditionally Approves Ford Credit Industrial Bank

“I am excited to share that Ford Credit’s global banking footprint is taking a significant step forward. Following conditional approval from the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions, we are set to launch a U.S. industrial bank in Salt Lake City,” said Cathy O’Callaghan is president and CEO of Ford Credit. Continue reading

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