Category Archives: news analysis

EV Grumblings – Ford Cuts 2024 F-150 Lightning Prices

Ford Motors (NYSE: F) said today that online orders are open for the 2024 Ford F-150 Lightning trucks, now shipping from the Rouge Electric Vehicle Center. In January Ford dropped a shift at Rouge because of weak demand for the Lightning, the top-selling electric pickup in the US. Competition is reducing demand and trimming margins. The previously announced MSRP of the 2024 F-150 Lightning is being reduced. The so-called F-150 Lightning Flash™, is now available with a starting MSRP under $70,000, and comes with  an extended-range battery. Continue reading

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UAW Practice Picketing at Daimler Truck in the US South

Daimler Truck workers from six different local unions in North Carolina, Georgia, and Tennessee continue to conduct so-called “practice pickets” to demonstrate that they are strike-ready when their contract expires on 26 April. Practice pickets are not work stoppages or walkouts am  no entrances will be obstructed. Workers will report to their shifts as usual. Continue reading

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Ford Again Recalls Bronco Sport and Escape SUVs for Fires

Ford Motor Company (NYSE: F) is recalling more than 420,00 2022-2023 Bronco Sport and 2022 Escape vehicles because of engine fires. Affected SUVs are equipped with 1.5-liter engines where a fuel injector may crack and leak fuel inside the engine compartment, Ford said in the required filing that the National Highway Traffic Safety Administration made public this morning. This is an expansion of a previous fire recall since the original remedy was inadequate on what was then called the Dragon engine. Continue reading

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Honda EV Hub in Ohio is Retooling

Non-unionized Toyota Motor, Honda and Hyundai, among other manufacturers in the US, have been increasing wages in an attempt to stop what appears to be impending successful UAW organizing efforts at plants owned by off-shore automakers following the UAW Detroit Three contract sweep last October. Continue reading

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EPA – U.S. Greenhouse Gas Emissions Increase in 2022

The U.S. Environmental Protection Agency today released its latest annual Inventory of U.S. Greenhouse Gas Emissions and Sinks (GHG Inventory),* which presents an overview of annual greenhouse gas emissions from 1990 to 2022. Net U.S. greenhouse gas emissions were 5,489 million metric tons of carbon dioxide equivalent in 2022, a 1.3% increase in emissions from 2021. EPA said the increase is mostly due to higher energy use in 2022, reflecting the continued recovery in economic activity following the height of the coronavirus pandemic. Crucially, emissions have declined 17% overall since 2005. Continue reading

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March Western European Passenger Vehicle Sales Up. But…

The Western Europe passenger vehicle (PV) selling rate slipped backwards in March, to 11.3 million units/year, with 1.3 million vehicle registrations, according to the respected GlobalData* consultancy. This is 2.5% below March of 2023. However, year-to-date (YTD) sales increased by … Continue reading

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EPA – Final Rule on Chemical Plant Cancer Causing Toxins

Today’s action applies to certain equipment and processes at ~200 plants that make synthetic organic chemicals and a variety of polymers and resins, including neoprene. Once implemented, it will reduce both EtO and chloroprene emissions from covered processes and equipment by nearly 80%. Long-term exposure to these two chemicals can increase the risk of certain types of cancer, such as lymphoma, leukemia, breast cancer and liver cancer. EPA also expects the rule to better protect children, who are more exposed and more susceptible to the effects of toxic chemicals including EtO and chloroprene. Continue reading

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More US Jobs Coming from Chips and Science Act

With investments such as those at TSMC Arizona, the United States is now on track to produce roughly 20% of the world’s leading-edge chips by 2030. With total capital expenditures of more than $65 billion, TSMC Arizona’s investment is the largest foreign direct investment in a greenfield project in U.S. history. Continue reading

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SEC Gets Final Judgment Against Volkswagen on Dieselgate

The final judgment orders VWGOAF to pay $34.35 million in disgorgement and $14.4 million in prejudgment interest. Following the entry of the final judgment, the SEC dismissed its outstanding claims against VWGOAF’s ultimate parent company, Volkswagen AG, and Volkswagen AG’s former CEO, Martin Winterkorn. The Court had previously dismissed the SEC’s claims against VW Credit, Inc. on 20 August 2020. These actions have resolved the SEC’s case against Volkswagen in its entirety. Continue reading

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Mercedes-Benz Alabama Workers Ask NLRB for Union Vote

Energy appears to be on the side of the union. Alabama has been a so-called “right to work state (for less?) since 2016, meaning that union-membership is not required for employment. By late February, less than two months after Mercedes workers went public with their drive to join the UAW, a majority of them had signed union cards.

The Mercedes workers are part of the growing national movement of non-union autoworkers organizing to join the UAW in the wake of the historic Stand Up Strike victory at the Big Three auto companies last fall. More than 10,000 non-union autoworkers have signed union cards in recent months, with public campaigns launched at Mercedes, Volkswagen, Hyundai in Montgomery, Ala., and Toyota in Troy, Mo. Workers at least two dozen other facilities are also actively organizing. The main event in this fight will likely be at Tesla in AutoInformed’s view with Twitter owner Elon Musk, mustering all the anti-worker tweets he can. Continue reading

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US Auto Sales Hitting Streak – 20 Months of Growth in March

US Light Vehicle (LV) sales grew 5.5% year-on-year (YoY) in March to 1.44 million units, according to an analysis just released by the respected GlobalData consultancy.* This means that under the Biden Administration the economy had another month of YoY … Continue reading

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UAW Files Anti-Labor Charges in Germany Against Mercedes

“MBUSI’s actions not only violate U.S., German and international law, they also violate Mercedes-Benz’s Principles of Social Responsibility and Human Rights. Those principles state: In the event of organization campaigns, the company and its executives shall remain neutral; the trade unions and the company will ensure that employees can make an independent decision” the UAW said. 

“Mercedes-Benz’s aggressive anti-union campaign against U.S. autoworkers in Alabama is a clear human rights violation under the German Act on Corporate Due Diligence Obligations in Supply Chains. If found guilty, Mercedes-Benz faces billions in penalties, including significant fines and bans on government contracts,” the UAW said. Continue reading

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Baltimore Bridge – Japanese, Korean, German Makers at Risk

“Japan, Korea and Germany are the main origins for vehicles entering the US market, so brands with heavy production concentrations in those locations have the potential to be impacted more significantly, especially those in Europe,” said the GlobalData* consultancy. “It is no surprise that Hyundai and Toyota were the top importers, though General Motors (GM) was the third largest, with vehicles coming from Korea and China. VW Group is among the top 5 importers, while BMW, Mercedes-Benz, Volvo and Stellantis are also exposed to potential disruption.” Continue reading

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Heavy-Duty Emissions Standards – Missed Opportunity?

“The final rule also leaves more work to be done, and state legislatures should spur use of electric and other zero-emission trucks by adopting the Advanced Clean Truck rule. By delaying the final standards for sleeper cabs until model year 2030 vehicles, EPA missed out on the additional climate and health benefits that would have started accruing much earlier from some of the highest-polluting vehicles on the roads. Continue reading

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Greenhouse Gas Standards for Heavy-Duty Vehicles Set

The U.S. Environmental Protection Agency today announced final national greenhouse gas pollution standards for heavy-duty vehicles for model years 2027 through 2032 – the “Greenhouse Gas* Emissions Standards for Heavy-Duty Vehicles – Phase 3.” Trucks and other heavy-duty vehicles are central to the economy by moving goods and freight as well as providing services for industry, transit, among other sectors. Heavy-duty vehicles account for 25% of all greenhouse gas emissions from the transportation sector, which is itself the single largest source of greenhouse gas emissions in the United States. Under these new standards, the heavy-duty industry is expected to realize annualized savings of $3.5 billion compared to annualized costs of about $1.1 billion from 2027 through 2055 Continue reading

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