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Category Archives: news analysis
US Department of Transportation Budget for FY 2023 – $142B
Automobility moves America by supporting a total of 10.3 million American jobs, or ~8% of private-sector employment; direct, indirect, and stimulated jobs supported by the auto industry create $650 billion in paychecks for millions of workers; Every job for an auto manufacturer in the United States creates ~11 other positions in industries in the economy. Continue reading
German Automakers Bearing Brunt of Putin’s War on Ukraine
“The war in Ukraine has led to plant closures across Germany and a likely loss of around 150k units in March alone,” James Norris, Senior Analyst, European Light Vehicle Production at the respected LMC Automotive consultancy said today. By the … Continue reading
EPA Publishes Plan to Achieve Biden-Harris Priorities
Ruckelshaus was appointed by President Nixon when the agency was created in 1970 and Republicans cared about the environment. Among his many accomplishments was the banning of the deadly pesticide DDT. Ruckelshaus, resigned as deputy attorney general rather than institute President Richard M. Nixon’s illegal order to fire the independent special Watergate prosecutor Archibald Cox in the constitutional crisis of 1973 dubbed the “Saturday Night Massacre.” Only a small, but significant number of Republicans have had the courage to do so under the ousted-by-legal-voters, treasonous Trump Administration whose still ongoing constitutional crisis’ and corruption scandals have now implicated the Supreme Court Justice Clarence Thomas, whose wife was calling for the overthrow of the duly elected government. Continue reading
Renault Group Industrial Activities in Russia Suspended
Renault Group had previously taken the necessary measures to comply with international sanctions. However, President Biden is known to be pushing for further sanctions, and is visiting the EU in Brussels today, and then going to Poland. Continue reading
Sebring 12 Hours – Bumps, Twists, Turns in Oldest US Race
Cadillac had plenty of electricity: Twice in the final 75 minutes of the race, driver Earl Bamber lost the lead – getting it back both times. Bamber survived two incidents and a penalty in the final minutes Saturday and worked his way back into the lead, eventually prevailing to win the 70th Mobil 1 Twelve Hours of Sebring Presented by Advance Auto Parts. Bamber’s win in the No. 02 Chip Ganassi Racing Cadillac DPi-V.R co-driven with Alex Lynn and Neel Jani was a brilliant demonstration of an old sport car racing adage – no matter what happens, just keep racing. “It was a team effort, not an individual one,” Bamber said afterwards. “I was just the one lucky enough to do the last hour. I could’ve probably made it a hell of a lot easier for everyone else, but hey, I made it. It was a good show, I think.” Continue reading
Posted in news analysis, racing
Tagged auto industry commentary, autoinformed.com, Hendricks Field, imsa, Ken Zino, Twelve Hours of Sebring, wec
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Porsche 2030 – More Than 80% All-Electric New Vehicles
“We continue to hope for a cessation of hostilities and a return to diplomacy. The safety and integrity of the people are paramount. To help people in need in Ukraine, Porsche AG has donated a total of €1 million. Experts are continuously determining the degree of impact on Porsche’s business activities in a task force. The supply chains for Porsche plants have been affected, which means that on-schedule production is no longer possible in some cases.” Continue reading
Putin’s War Clouds BMW Group Media Day
Unaddressed in formal statements were two key concerns for the German auto industry – Germany’s over-dependence on Russian natural gas, and it’s dealings with totalitarian communist states including China where BMW and other German makers, suppliers and brands have extensive holdings – Audi, Daimler, Mercedes-Benz, Porsche, among others. Continue reading
Global Light Vehicle Sales Rate Drops in February
Even with the disruption to the world’s largest auto market due to the Chinese New Year, sales for the rest of the globe were weaker compared with the month before. Year-on-year (YoY) sales were 1% down on a poor base performance last February. Continue reading
Cruise CEO – It Will Be Hard to Sell a Car That Isn’t Self-Driving
The challenges are the cost of the technology that works and customer satisfaction – make the riders happy. Cruise is 6 weeks into dozens of driverless vehicles on the roads. The technology is scalable from two cities, to three, to 20 to… exponential growth. Hence the capital market interests. Continue reading
EV Battery Gold Rush – GM, POSCO Chemical JV Expansion
The new plant will produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. AutoInformed readers might remember that the companies previously announced plans to form a CAM processing joint venture in December 2021, majority owned by POSCO Chemical. Continue reading
Ford Motor Structure Threatens Viability. Vast Reorg Coming
Ford Motor Structure Threatens Viability. Vast Reorg Coming Continue reading
Dare Forward 2030 – Stellantis Survival Plan Unveiled
As part of the leadership mantle Stellantis wants to wear, it wants 100% of sales in Europe and 50% of sales in the United States to be battery-electric vehicles (BEVs) by the end of this decade. “We plan to have more than 75 BEVs and reach global annual BEV sales of 5 million vehicles by 2030,” said Carlos Tavares during a web broadcast for media. Continue reading
Ford “Suspends” Russian Van Manufacturing and Sales
Today Ford Motor said its Russian operations of commercial van manufacturing and Russian sales through a minority interest in the Sollers-Ford joint venture are suspended effective immediately. Continue reading
Jeep Slowly Killing Diesel and Petrol Engines in France
“The electrification of our ranges is no longer an option, it is obvious dictated jointly by supply and demand,” said Guillaume de Boudemange, director of Jeep in France. Continue reading →