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Category Archives: news analysis
Toyota to Spend $3.4B for US Battery Manufacturing
Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the US. Production is expected to start in 2025, the project includes an investment of approximately $1.29 billion until 2031, which includes funds that will be used to develop land and build facilities, resulting in the creation of 1,750 new American jobs. Continue reading
China: Nippon Steel Sues Toyota over Steel Sheet Patent
The conflict arises from Baoshan Iron & Steel, based in Shanghai, China, and a subsidiary of state-owned China Baowu Steel Group. It is listed on the Shanghai Stock Exchange. Toyota uses Baoshan steel sheet. It comes at a time when the Biden Administration is wrestling with US trade policy with China. The former administration started a trade war that cost US jobs, damaged the agricultural sector, and was a disaster for the US auto industry in China, the world’s largest vehicle market. It is also involved in a dispute about whether proposed lavish EV buyer tax credits should apply to imported and non-union made electric vehicles. Continue reading
Honda Aircraft Shows First Light Jet Able to Cross US Nonstop
The HondaJet 2600 also has the tallest cabin height. It has class-leading pressurization with a cabin altitude of 6,363 feet at its max operating altitude. HondaJet 2600 will offer 3 types of modular and customizable cabin configurations. Continue reading
Dealer Demise? The Hyundai Amazon Digital Retail Experience
How long the dealers remain part of the process is an interesting question. Continue reading
September West EU Car Sales in Severe Supply Slump
“The latest monthly results are clear evidence of the major sourcing issues that are haunting global vehicle production currently, with dealerships unable to meet consumer demand. Adding to market headwinds, those vehicles that are available are generally higher priced, as OEMs look to target the production of higher margin products,” said LMC. Continue reading
GM’s Dual Platform Strategy – Doubling Revenues by 2030?
However, the success of the prediction will depend on GM smoothly transitioning from internal combustion engines, traditional blacksmithing manufacturing, while keeping dealers and training them for what is the most significant transformation the auto industry has ever seen. This is how science fiction becomes science fact with GM selling more than one million EVs by 2025; 30 million connected vehicles in North America on the road by 2030. Along the way the United States and ultimately the world will turn into an environmental culture that uses technology to make things cleaner and safer. Continue reading
EV Battery Gold-Rush – GM and Wolfspeed Cut Deal
In a move that is designed to ensure supply and assuage the doubts of the capital markets about the semi-conductor shortage disaster, as part of the agreement, GM will participate in the so-called (and unproven) Wolfspeed Assurance of Supply Program (WS AoSP), which “is intended to secure domestic, sustainable and scalable materials for EV production.” Continue reading
Mazda, Toyota Building 2022 Corolla Cross in Alabama
Alabama, aside from its history of racism and white supremacy, is a right to work*” (for less?) state, which means workers don’t have to be unionized.** Want to bet the Mazda will be a crossover, with maybe a sub-line for a hybrid and or EV? Toyota is vehemently lobbying against the Biden Administration’s ambitious Build Back Better plan that has a provision for made in American by union workers to be eligible for substantial taxpayer-subsidized EV subsidies. This is part of a forward-thinking strategic plan to create middle-class jobs and benefits from the Administration that was put in place by a majority of voters to rid our democracy of the treasonous former Administration still being led from Trump Castle in Mar-a-Lago (Mar-a-Lardo?) that promoted the January 6 insurrection attempt to take over the US Capital and overturn the Presidential election, aka Big Lie that is the ongoing core (rotten) of the Republican party.
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Shareholders Vote to Spin-off of Daimler Truck, Rename Daimler AG to Mercedes-Benz Group
About 3000 viewers followed the virtual Extraordinary General Meeting on the Internet. A bare majority of 56.45% of the share capital was represented. Continue reading
Climate Change Car Wars – GM to Reach 100% Renewable Energy in 2025
It’s the latest p.r. shot in the car marketing wars by automakers that no longer can deny the real life and planet threatening damages incurred by fossil fuel use. Continue reading
Posted in auto news, electric vehicles, environment, global warming, manufacturing, milestones, news analysis, public health
Tagged auto industry commentary, autoinformed.com, EPA Energy Star, global warming, GM renewable energy at its plants, Ken Zino, Kristen Siemen, renewable energy
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Sunshine as Disinfectant or Glare? – SEC Proposes Enhanced Proxy Voting Disclosure
While the intent is to slow down the insider trading practices in the capital markets, it is by no means certain it will do so. Without doubt it will increase the complexity and length of disclosure documents thereby leading to more confusion among the people it is trying to help. Continue reading
EVs – Ford to Spend $11.4B Creating a Tennessee Campus, Twin Battery Plants in Kentucky
Both states are “right to work” (for less?) states, which means workers don’t have to be unionized. Tennessee sent $500 million in incentives from its taxpayers. Kentucky donated $300 million and what appears to be about 1,500 acres of free land. Thus Ford is the latest automaker attempting to lay off some or more of the huge capital costs needed to build EVs as global warming make their increasing use inevitable. SK Innovation will split off its battery business on October 1 as a wholly owned subsidiary.Thus Ford is the latest automaker attempting to lay off some or more of the huge capital costs needed to build EVs as global warming make their increasing use inevitable. SK Innovation will split off its battery business on October 1 as a wholly owned subsidiary. Continue reading
Climate Change – EPA Targets Hydrofluorocarbons Again
A global phasedown of HFCs is expected to avoid up to 0.5 °C of global warming by 2100. This final rule will phase down the U.S. production and consumption of HFCs by 85% during the next 15 years, as mandated by the American Innovation and Manufacturing (AIM) Act that was enacted in December 2020 after the environmental hater “global warming is a Chinese hoax” was evicted by voters the month before from occupying the Whitehouse. Continue reading
Semiconductors – Auto Industry to Lose $210B in Revenue
Exec Summary: There are no more cushions left in the industry when it comes to production or obtaining material. Any shortage or production interruption in any part of the world affects companies around the globe. Worse, the impacts are now amplified due to all the other shortages. Continue reading
Toyota Georgetown Kentucky Plant Set for $461M Upgrade. Lexus Manufacturing Leaving US
According to the Japanese global automotive giant, an investment of $461 million will add advanced manufacturing equipment and technologies, coupled with facility layout improvements, which will increase the plant’s operational speed, flexibility and competitiveness. These improvements will expand TMMK’s ability to produce new products, including future electrification. Continue reading →