Category Archives: news analysis

Stellantis N.V. Securities Fraud Lawsuit Announced

The Rosen Law Firm, which bills itself as a global investor rights law firm, today announced a class action lawsuit on behalf of purchasers of common stock on the New York Stock Exchange of Stellantis N.V. (NYSE: STLA) between 26 February 2025 and 5 February 2026, inclusive (the so-called “Class Period”). A class action lawsuit has already been filed. Continue reading

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AB Volvo Board Meeting Approves Extraordinary Dividend

AB Volvo held its Annual General Meeting today in Göteborg, Sweden. The Board adopted the income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet. In accordance with the Board’s proposal, the Meeting resolved that an ordinary dividend of SEK 8.50 per share and an extraordinary dividend of SEK 4.50 per share should be paid to the shareholders – 10 April 2026 is the record date for the right to receive dividends. Continue reading

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CARFAX Report Now Predicts a Vehicle’s Future

“This marks an important milestone for CARFAX and for the people who rely on our data every day,” said Paul Nadjarian, Chief Product Officer at CARFAX. “With over 151,000 data sources and more than 35 billion records, we’re introducing a powerful new insight into a vehicle’s lifecycle. Much like a crystal ball, our future Reliability will help shoppers understand the road ahead, including what repairs to anticipate and what they may cost, and soon, insights into how long that car will last – empowering consumers to buy with confidence and help them plan ahead.” Continue reading

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Volkswagen Recalls 2025 Jetta and Taos Vehicles for IP failures

“When the ignition is switched on, the instrument cluster may read incorrect or corrupt Non-Volatile Memory (NVM) data required for proper system initialization. If invalid data is detected, the software discards the data and applies default configuration values. However, the instrument cluster and the immobilizer system are not designed to operate using these default values, which can result in the instrument cluster failing to function as intended. Software revisions introduced over time significantly increased NVM access and data traffic within the instrument cluster, thereby increasing the likelihood of NVM-related errors,” Volkswagen said in the required safety defect recall filing made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Mercedes-Benz USA 2026 Model-Year Air Bag Recall

“The passenger air bag fabric may have been manufactured incorrectly, which can cause the air bag not to deploy as intended.,” Mercedes said in the required safety defect filing made public this morning by the National Highway Traffic Safety Administration (NHTSA). Continue reading

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Park Outside! Nissan Leaf Battery Fire Recall

Nissan North America is recalling 51 2026 model-year LEAF vehicles. The high voltage battery may have internal damage that can cause a short circuit within the lithium ion battery module.

“Owners are advised to park outside and away from structures and should not charge their vehicles until the remedy is completed. Dealers will replace the battery modules or the battery, free of charge. Interim letters notifying owners of the safety risk are expected to be mailed 17April 2026,” Nissan said in the mandatory Safety Defect filing made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Lexus 2022-24 Model-Year Front Passenger Airbag Recall

The front passenger seat in the subject vehicles is secured to a seat frame, which is equipped with a stopper and has an Occupant Classification System (OCS) that provides input to the Supplemental Restraint System to determine the deployment strategy of the front passenger airbag system, depending on the occupant load. Due to a manufacturing error during a specific production period at a certain supplier’s plant [Toyota Boshoku Corporation – AutoCrat], some vehicles may have an insufficient clearance between the seat frame and the stopper when taking into account normal production variation. If there is insufficient clearance, interference can occur between the seat frame and the stopper if the seat height is adjusted to certain positions, depending on the occupant load applied,” Toyota said in the required safety defect recall filing (49 CFR § 573) made public by the National Highway Traffic Safety Administration (NHTSA) this morning. Continue reading

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Shared Fuel Cell Technology – Daimler Truck, Volvo, Toyota

Daimler Truck AG (Daimler Truck), the Volvo Group (Volvo), cellcentric (sic) and Toyota Motor Corporation (Toyota) have signed a non-binding agreement to cooperate in the fuel cell system joint venture called cellcentric. The timing is propitious given the Artemis II Orion spacecraft uses hydrogen-oxygen fuel cell systems to generate electricity and potable water for the crew during its 10-day mission that is underway. Continue reading

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April is Distracted Driving Awareness Month

“No one should ever get hurt or lose their life because of a text or a phone call,” said Lorraine Martin, NSC CEO. “By keeping our eyes on the road and our hands on the wheel, we all have the power and responsibility to make our roads safe for everyone. The National Safety Council calls on every driver to travel distraction free – doing so will save lives.” Continue reading

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Ford GT Mk IV Runs Nordschleife at 6m15.977s

The Ford GT Mk IV (NYSE: F) has set the record as the fastest American OEM around the Nürburgring Nordschleife, Ford Racing said today. It is at the moment the third fastest overall car to ever lap the Nordschleife. The 6:15.977 ET also means that the GT Mk IV, as a track-only vehicle classified in the prototype category, is the fastest car currently available for purchase to lap the Nürburgring Nordschleife. Just bring money –  stacks of it – starting price of ~$1.7 million. Continue reading

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AAA – National Gasoline Prices Hit Four Year High!

Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed. In 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week,” AAA said. Continue reading

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Ground Effects Workers – Yet Another UAW Supply Chain Win

Auto supply chain workers have voted to unionize at Ground Effects, the UAW said late yesterday in a  second UAW union organizing victory in two days. Workers at Ground Effects have been organizing since last year. “They began their campaign to form a union due to low pay, overwork, forced overtime, management abuse, and favoritism.,” the UAW said in a release. Workers at Ground Effects won a majority in a National Labor Relations Board election to form a union with the UAW. Ground Effects produces spray-on truck bedliners, in addition to other aftermarket parts. Continue reading

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Webasto Detroit – Another UAW Supply Chain Win

The unionization at Webasto Detroit is “part of a growing movement of auto supply workers who want the benefits and protections of forming a union at their plants. Workers in the supply chain are a vital part of the auto industry but are paid well below their counterparts at assembly plants. They often face dangerous working conditions, including exposure to hazardous chemicals without proper precautions,” the UAW said. Continue reading

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Volvo Cars to Combine Polestar 3 Production in U.S.

“The move to consolidate global Polestar 3 production in Charleston help generate efficiencies for both companies, whilst also underscoring our confidence in the plant and the role it plays in our manufacturing footprint,’ said Håkan Samuelsson, chief executive of Volvo Cars. ‘The US is a very important market for Volvo Cars, both to support our growth ambitions as well as a strategic production site to meet regional and export demands.”** Continue reading

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NYAS – Honda To Show Fastport eQuad EV Delivery Van

Honda Motor Company (7267.T and NYSE: HMC) said today that it will show the all-electric Fastport eQuad EV Hybrid at a press event on 1 April 1 at the  Test Track where the New York Auto Show is held  [Level 1 Javits’s Center -AutoCrat.]* Fastport Chief of Operations Jamie Davies will share updates and lead a walk-around and demonstration of the vehicle.

“Fastport uses the Honda Mobile Power Pack (MPP) swappable batteries and is a software-defined vehicle (SDV) project. The Fastport eQuad in theory will help address urban congestion and rising consumer demand for faster, more frequent deliveries,” AutoInformed previously noted. Continue reading

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