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Category Archives: news analysis
Magna International Posts Record Q3 Earnings
However, sales were slightly lower than we had anticipated, mainly due to lower than expected light vehicle production. Adjusted EBIT was below the comparable quarter in 2017 and was less than what Magna expected. After considering the impact of lower than anticipated volumes, the Power & Vision, Seating Systems and Complete Vehicles segments performed substantially in line with Magna expectations. Body Exteriors & Structures segment reported results below expectations, as a result of higher than anticipated launch costs and under-performance at certain facilities, largely offset by a favorable customer pricing resolution. Continue reading
Daimler and Bosch Target San José for Automated Ride-Hailing
Daimler, Bosch and San José have signed a memorandum of understanding to pursue this test. Using automated Mercedes-Benz S-Class vehicles, Daimler will offer the service to a selected users in the San Carlos/Stevens Creek corridor between downtown and west San José. With its population expected to grow 40% in the next two decades, the metropolitan area faces growing transportation challenges. Continue reading
Ford Buys E-Scooter Company Spin
Spin is the latest move by Ford in the so-called “mobility space,” as the company attempts to build businesses that will help its poor operational and stock performance. Some company or companies – and it is an open and ever-expanding field – will provide mobility businesses to help customers get places more easily, more quickly and, allegedly, less expensively. Continue reading
Amazon Free Shipping has High Negative Costs
Ads say that candidates must have the “ability to lift, bend, reach above the head, kneel, crouch, and/or stretch during shifts up to 12 hours long.” Continue reading
2019 Toyota Mirai Brings Real Power
“Mirai means ‘future’ in Japanese and that’s where this technology will take us,” claimed Ed Laukes, group vice president, marketing, Toyota Motor North America. “The new marketing campaign shows how Mirai gives drivers the power to move the world forward with the touch of a button.” Continue reading
Posted in alternative fuels, environment, fuel economy or emissions, global warming, marketing, milestones, news analysis, public health
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, dieselgate, dirty diesels, fuel cell electric vehicles, Ken Zino, new car reviews, Toyota Mirai
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Alcoa Escalates Global Attack on Workers
The Alcoa European Works Council (EWC) criticized Alcoa for failing to comply with European information and consultation regulations by not consulting with the EWC in advance and not providing the EWC adequate information. The Netherlands-based EWC has filed a court claim in the Netherlands in order to block the closure and layoff. Continue reading
Posted in customer satisfaction, labor issues, manufacturing, news analysis
Tagged alcoa, Alcoa European Works Council, Australian Workers Union, auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, Bécancour smelter, IndustriALL, Ken Zino, new car reviews
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VW Group Quantum Algorithm Cuts Waiting for Passengers
Quantum computers can solve highly complex tasks such as traffic optimization much faster than conventional super-computers; and in some cases, a solution is only possible with quantum computers. For this future-oriented computing technology, Volkswagen sees considerable potential for new applications within the company and new business models. Continue reading
Posted in autonomous vehicles, customer satisfaction, electronics, engineering, fuel economy or emissions, mobility company, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, D-Wave, google, Ken Zino, new car reviews, Teralytics
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Dieselgate Spin Says Modern Diesels Emit Low Emissions
What’s missing of course are older generation designs which are being re-calibrated or shipped elsewhere or cancelled. Testing here by the German automakers association (ADAC) that the best-performing RDE-compliant Euro 6 diesels emit as much as 95-99% less NOx than the older Euro 5 vehicles. Too bad about the millions upon millions of these dirty diesels on the road. Continue reading
Toyota 6 Month Financial Results – $11.29 Billion Net Income
Once again Toyota proved its operating prowess, which consistently place it in the running for the largest and mot profitable automaker in the world as it transforms itself into a mobility company to be reckoned with. Continue reading
Jaguar Land Rover Vehicles Will Help Cure Motion Sickness?
Future Jaguar Land Rover vehicles will be able to tell if you’re feeling unwell and adjust settings to combat motion sickness. This – despite its apparent daftness – might be a good thing for captives of autonomous vehicles. Continue reading
Toyota to Start New Car Subscription Service in Japan
Toyota wants to change from an automobile manufacturing company into – what else – a mobility company that offers a range of services to society of the future. Until now, Toyota has strengthened alliances between Toyota Group companies and other automobile manufacturers and new companies offering mobility services to create partnerships. The next steps are murky. Continue reading
Posted in car sharing, concept, customer satisfaction, marketing, milestones, news analysis
Tagged akio toyoda, auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, elon musk, Ken Zino, KINTO, kintoun, Mobility Company, new car reviews, new car subscription service
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Ford Motor Q3 Net, EPS, EBIT – All Down as Ford Stumbles
Once again top Ford executives claimed they had a multi-year plan to fix things, but the same pledge has been going on since Ford 2000. Ford also said that because of the higher costs and uncertainty impacting the entire sector, coupled with unexpected deterioration this year in the Europe, Middle East and Africa, and China businesses, current company forecasts show that it will not reach its previously announced 8% EBIT margin or high teens ROIC targets by 2020. Another job-destroying reorganization in process. Continue reading
GM Q3 Profits Ambush Analysts – Income $2.5 Billion EBIT
GM reported $2.5 billion in profits today at $1.75 per share, way beyond hapless analyst projections of $1.25 per-share earnings. Continue reading
Nishitetsu, Toyota to Test Multi-modal Mobility Service
The so-called my route provides shop and event information while allowing users to search, book, and pay for transport, offering a single mobility-focused application with integrated functions, with the aim of supporting smooth movement in Fukuoka City, helping support “the city’s vibrancy.” Continue reading
Posted in economy, electronics, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Automotive Commentary, Fukuoka City One-day Pass, Ken Zino, multi-modal mobility service, new car reviews, Nishitetsu and Toyota, smart phones
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Moovel Shows Digital Marketplace for Mobility as a Service
The Smart City Expo World Congress says it wants to strengthen cities with a unique platform focusing on sustainable and future-oriented urban development. As a Mobility-as-a-Service (MaaS) platform, moovel offers cities and transit authorities the opportunity to boost access to mobility and thus make it more attractive with a tailored mobility app. Continue reading →