Category Archives: news analysis

AAA – Record 45.1 Million to Travel for Memorial Day

Posted on 22 May 2025 by Ken Zino

AAA forecasts that in the U.S. 45.1 million people will travel at least 50 miles from home over the Memorial Day holiday period* from Thursday 22 May to Monday 26 May. This year’s domestic travel forecast is an increase of 1.4 million travelers compared to last year and sets a new Memorial Day weekend record. The previous record was set back in 2005 with 44 million people. Despite concerns over rising prices, many Americans say they’re taking advantage of the long holiday weekend to spend time with loved ones, even if the trips are closer to home, according to AAA.

“Memorial Day weekend getaways don’t have to be extravagant and costly,” said Stacey Barber, Vice President of AAA Travel. “While some travelers embark on dream vacations and fly hundreds of miles across the country, many families just pack up the car and drive to the beach or take a road trip to visit friends. Long holiday weekends are ideal for travel because many people have an extra day off work and students are off from school.” Continue reading →

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IndyCar – Penske Fires Senior Leadership Team

Posted on 21 May 2025 by Ken Zino

Team Penske announced today the departures of IndyCar Team President, Tim Cindric, IndyCar Managing Director, Ron Ruzewski and IndyCar General Manager Kyle Moyer from the organization. The move comes from the turbulence created by an aerodynamic cheating scandal during qualifying for the 119th Indianapolis 500.

“Nothing is more important than the integrity of our sport and our race teams. We have had organizational failures during the last two years, and we had to make necessary changes. I apologize to our fans, our partners and our organization for letting them down,” said Roger Penske, who owns the IndyCar Series and the Speedway. Continue reading →

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Toyota Debuts 2026 RAV4 Compact SUV

Posted on 21 May 2025 by Ken Zino

The 2026 RAV4 also joins Toyota’s list of exclusively electrified models. It will be available with Hybrid Electric Vehicle (HEV) or Plug-in Hybrid Electric Vehicle (PHEV) powertrains. RAV4 also launches new technologies for Toyota, including the Arene software development platform, a new version of the Toyota Audio Multimedia system, and updates to the Toyota Safety Sense active safety suite. Toyota might say customer choice is paramount, but it comes with a bewildering array of options and packages to climb over that are the antonym of the once famous Honda tagline “We Make it Simple.” Continue reading →

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Mobil 1 is Le Mans Sponsor of Cadillac Wayne Taylor Racing

Posted on 20 May 2025 by Ken Zino

Cadillac Racing* said today that the Mobil 1™ brand is its primary sponsor of the No. 101 Cadillac Wayne Taylor Racing V-Series.R** for the 24 Hours of Le Mans. Cadillac will contest the 93rd edition of the twice-around-the-clock race on the 8.467-mile course with a four-car factory lineup with drivers who have accumulated 21 Le Mans podiums. The livery has the Mobil 1 logo across the sides and front of the blue and white Hypercar in the top class in endurance racing. Earlier this year, the Mobil 1 team announced an extension of its technical alliance with Cadillac Hertz Team JOTA in the FIA World Endurance Championship (WEC), now making it the Official Motor Oil of Cadillac Racing. Continue reading →

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BMW Testing an i7 with Solid State Batteries

Posted on 20 May 2025 by Ken Zino

“Our BMW i7 ASSB test vehicle on the road is a perfect example of the BMW Group’s technology-open mindset. We are continuously advancing the development of new battery cell technologies and are constantly expanding our know-how with valuable partners such as Solid Power,” claimed Martin Schuster, Vice President Battery Cell and Cell Module at the BMW Group. Continue reading →

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IndyCar Moves Team Penske Cars to Bottom of Grid!

Posted on 19 May 2025 by Ken Zino

“The integrity of the Indianapolis 500 is paramount, and this violation of the IndyCar rule against modification to this part and using it ‘as supplied’ is clear,” said IndyCar President J. Douglas Boles. “The penalty should be more than simply starting where the cars might have qualified anyway, if given the opportunity. The cars belong in the field as two of the fastest 33. However, starting on the tail of the field is the appropriate penalty in this instance.” Continue reading →

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Autonomous Racing League Season 2 Opens at Yas Marina

Posted on 19 May 2025 by Ken Zino

Abu Dhabi’s Advanced Technology Research Council (ATRC) via Aspire today announced the return of its flagship event, the Abu Dhabi Autonomous Racing League (A2RL). The 2025 edition will take place on 15 November at Yas Marina Circuit with a $2.25 million prize pool and the launch of a global virtual racing series. The announcement was made during the Make it in the Emirates Forum in Abu Dhabi.

“The Emirates Autonomous Vehicle (EAV 24), A2RL’s upgraded autonomous racecar, represents a significant leap in performance and engineering. Assembled and autonomized in the UAE, the vehicle reflects the nation’s growing capabilities in AI, robotics, and high-performance mobility. Built on the proven Super Formula SF23 platform, the EAV-24 has been reengineered to incorporate enhanced sensor arrays, upgraded compute systems, and refined control logic, optimized for the demanding conditions of autonomous racing,” said Aspire. Continue reading →

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Rookie Robert Shwartzman in a Chevy on Indy 500 Pole

Posted on 19 May 2025 by Ken Zino

Robert Shwartzman posted  a four-lap average speed of 232.790 mph in the No. 83 PREMA Racing Chevrolet during the Firestone Fast Six yesterday at the Indianapolis brickyard in Speedway Indiana. PREMA  joined the NTT IndyCar Series this season after years of success in European racing, became the first team to claim the 500 pole in its first attempt since Mayer Motor Racing with driver Tom Sneva took  the pole in 1984. Two-time Indianapolis 500 winner Takuma Sato (Honda) and Pato O’Ward (Chevrolet) will join Shwartzman on the front row for the 109th running of the race this Sunday 25 May.* Continue reading →

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UAW Has Tentative Agreement with General Dynamics

Posted on 19 May 2025 by Ken Zino

The UAW said today that it has reached a tentative agreement with General Dynamics – Electric Boat ahead of the UAW Marine Drafters strike deadline of midnight Sunday 18 May. “This agreement comes after an unprecedented mobilization from the union’s membership: 2200 members, or more than 90% of the bargaining unit, signed up to report for picket duty if a strike became necessary,” the UAW said. The five-year agreement, covering more than 2400 workers in Groton who design nuclear submarines, obtains a 30% wage increase over the life of the agreement and an improved wage progression. In total, MDA-UAW members will see a cumulative $115,000 increase in total compensation during the agreement. Continue reading →

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Toyota Announces an All-New 2026 TRD Pro Color

Posted on 16 May 2025 by Ken Zino

“We had a few years of warm natural hues inspired by traditional landscapes like Terra and Mudbath as signature colors. With Wave Maker, we were inspired by unexplored areas of adventure including extreme territory and even beyond earth,” says Benjamin Jimenez, general manager at CALTY’s Ann Arbor Michigan location. “Wave Maker expresses an elemental spirit that evokes images of glacial depths and the thrill of new frontiers.” Continue reading →

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Demand for Electric Vehicles in U.S. Stable

Posted on 15 May 2025 by Ken Zino

Consumer demand for electric vehicles (EVs) has remained stable, according to the J.D. Power 2025 U.S. Electric Vehicle Consideration (EVC) Study,SM released today.* The study shows that 24% of vehicle shoppers say they are “very likely” to consider purchasing an EV and 35% say they are “somewhat likely,” both of which remain unchanged from a year ago. Continue reading →

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Dr. Norbert Reithofer, Supervisory Board Chair of BMW Retires

Posted on 14 May 2025 by Ken Zino

The BMW Group* (Bayerische Motoren Werke AG ADR BMWYY) said today that Dr. Norbert Reithofer, Chairman of the Supervisory Board of BMW AG since 2015, and closely associated with the company for nearly four decades, is stepping down from his position, effective immediately.

“After 38 years, it is time for me to say goodbye to the BMW Group. It has been an honor to be a part of this exceptional company. I would like to thank all our associates, shareholders and stakeholders for your trust and support,” said Reithofer. “Together, we have overcome tremendous challenges and celebrated unparalleled successes. I firmly believe that the BMW Group will continue to follow its own unique BMW path.” Continue reading →

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Bad Brakes! Recalls on Ford Expeditions, Lincoln Navigators

Posted on 14 May 2025 by Ken Zino

Ford Motor Company (NYSE: F) is recalling ~274,000 2022-2024 model year Navigator and Expedition SUVs for failing brakes.

“The front brake line may have been bent during the engine installation process at Ford’s Kentucky Truck final assembly plant,” according to the mandatory safety defect recall filing made public today by the National Highway Traffic Safety Administration. Continue reading →

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Team Penske, Chip Ganassi Racing Rule 1st Indy Practice

Posted on 14 May 2025 by Ken Zino

Team Penske and Chip Ganassi Racing dominated the opening day of practice for the 109th Indianapolis 500 yesterday. Practice started two hours, 32 minutes late due to intermittent rain and damp track conditions, and the session ended 32 minutes early due to lightning strikes within the vicinity of the 2.5-mile oval.

The 2018 Indianapolis 500 winner Will Power led a Team Penske 1-2 on the speed charts in a weather-shortened session at 227.026 mph in the No. 12 Verizon Team Penske Chevrolet. The hot lap occurred in the last 30 minutes of practice. Two-time defending “500” winner Josef Newgarden was second at 226.971 mph in the No. 2 Shell V-Power NiTRO+ Team Penske Chevrolet. Newgarden is trying to become the first driver to win the 500 for three consecutive years. Continue reading →

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GM and LG Energy Solution to Make Prismatic Cells in U.S.

Posted on 13 May 2025 by Ken Zino

General Motors (NYSE: GM) said today that it will with LG Energy Solution (KRX: 373220),* commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs. The announcement could be a battery technology breakthrough with significant sales and marketing advantages. This builds on a partnership between the two companies to develop prismatic battery cell technology and related chemistries.

“GM aims to become the first automaker to deploy LMR batteries in EVs. Ultium Cells, a GM and LG Energy Solution joint venture, plans to start commercial production of LMR prismatic cells in the United States by 2028, with pre-production expected to begin at an LG Energy Solution facility by late 2027. The final production-design of these LMR battery cells will be validated at GM’s Battery Cell Development Center in Warren, MI, which is expected to open earlier that year, as well as LG Energy Solution’s facility,” GM said. Continue reading →

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