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Category Archives: auto news
Consumer Rights Nil in New Autonomous Vehicle Bills?
The Center for Auto Safety says one of the proposals, the SELF DRIVE Act, “neglects to include any consumer protections that prevent the use of binding arbitration clauses in contracts involving autonomous vehicles.” As is common in Washington the legislation is misleadingly named. However, there is a need to explore the issue as there are arguments on many aspects of technology and systems that can save lives and reduce traffic congestion even though AutoInformed remains skeptical about the ability of politicians to do so with a regard for We the People as opposed to We the Congress who are paid large sums by corporate interests. Continue reading
Posted in AutoInformed Editorial, autonomous cars, autonomous vehicles, connected vehicles, customer satisfaction, litigation, mobility company, news analysis, public health, safety
Tagged auto industry commentary, autoinformed.com, AV Bill of Rights, Bob Latta, Center for Auto Safety, Debbie Dingell, Ken Zino, SELF DRIVE Act
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Milestones – 40M Engines Built at Nissan Yokohama Plant
The Nissan Yokohama Plant has built 40 million engines in the same year Nissan celebrates its 90th anniversary. Yokohama opened in 1935, two years after Nissan’s founding. It built its 10 millionth engine in 1976, its 20 millionth in 1986 and its 30 millionth in 1997. With the launch of the all-electric LEAF in 2010, the plant has also been producing electric motors, including those for e-POWER vehicles such as the Nissan Note. During the Japanese fiscal year 2022, motors accounted for approximately 40% of Yokohama Plant’s production. Continue reading
Stellantis, Saft Show Battery Integrating Inverter and Charger
Integrating the inverter and charger functions creates a battery that is more efficient, which enhances the battery electric vehicle (BEV) range and is more reliable and less costly. It also increases space in the vehicle. Continue reading
Repair Shop Owner Sentenced to Prison for False Tax Return
In 2011, Ferrari used business funds to pay for personal items, including gambling on horse races. Ferrari concealed this diversion of business income by not disclosing it to his return preparer, thus causing the preparation and filing of a false corporate tax return. Furthermore, Ferrari did not pay employment taxes in the amount of $291,600 based on an unreported cash payroll, according to court documents. Continue reading
EU – EVs Outsell Diesel Cars for First Time
Perhaps more significant though is that battery electric vehicles took a 15.1% market share, outselling tax-favored diesel vehicles. Hybrid-electric cars remained the second-most popular choice among new car buyers, representing 24.3% of the market. Gasoline fueled cars retained the largest share, accounting for 36.3%. Continue reading
VW Patents High-Speed Wireless EV Charging System
“We are accelerating innovation within electric vehicles and contributing to more sustainable transportation in America by focusing our efforts on some of the most transformative automotive research being done in the country,” said Pablo Di Si, President and CEO at Volkswagen Group of America Inc. “Our technology teams in Tennessee are a great example. There, we are tapping American ingenuity fostered by the unique blend of world-class academic research and Volkswagen’s leading industry capabilities.” Continue reading
GM Names Norm de Greve Chief Marketing Officer
De Greve, 54, joins GM from CVS Health, where he has served as chief marketing officer since 2015.De Greve’s appointment is effective 31 July 312023. He will report to GM President Mark Reuss. Continue reading
Ford Cuts F-150 Lightning Prices by $6000 to $10,000
Ford Motor said today that it is lowering the MSRP of F-150 Lightning® electric vehicle for all customers by $6000 to $10,000. The largest cuts are on the least expensive models. The Rouge Electric Vehicle Center in Michigan is currently closed completing changes that will triple the plant’s annual capacity to a targeted 150,000 F-150 Lightning trucks beginning this fall. Tesla, of course, surprised the industry with its recent price cuts. The increasing supply of semi-conductors is also adding to downward pricing pressure. Continue reading
Posted in electric vehicles, marketing
Tagged auto industry commentary, autoinformed.com, EV price war, F-150 price cuts, Ken Zino, tesla
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Chevrolet Traverse Adds Off-Road Z71 Model for 2024
The new Chevrolet Traverse in the fiercely competitive mid-size SUV segment is joining the off-road parade in both the US and Canada during the 2024 model year, Chevrolet said this morning. Chevy also said it has more SUV-like proportions, key safety features with families in mind, and more horsepower. It also has the new-age equivalent of a bold, new grille. Continue reading
Lotus Eletre SUV EV at Goodwood
Lotus has held its first ever UK test drives for its hyper-SUV – the Lotus Eletre – at the Goodwood Motor Circuit last Sunday as part of a new electric vehicle promotional event staged in conjunction with the Festival of Speed or is that now a festival of marketing? The Lotus Eletre claims to be the first of a new breed of pure electric performance SUVs. It is positioned as a “lifestyle vehicle.” The first customer deliveries of the hyper-SUV are expected in the coming months. Continue reading
Coming This Fall a Ford Mustang Mach-E Rally
“Mustang Mach-E took the freedom and fun of Mustang and made it free from emissions. Now with Mustang Mach-E Rally, we’re providing our customers the freedom to venture off the asphalt and beyond the beaten path,” said Darren Palmer, Vice President, Electric Vehicle Programs, Ford Model e. Continue reading
First Look – Electric Porsche Vision 357 Speedster
The nod to the 356 is in passing since the all-electric Porsche Vision 357 Speedster is based on the 718 GT4 e-Performance. The electric motors and battery technology come from the Mission R and the chassis from the 718 GT4 Clubsport. Following its world premiere at the Goodwood Festival of Speed, the design study will be on display at this year’s Rennsport Reunion in the USA at the end of September. AutoInformed bets the production version will be announced at the Frankfurt Motor Show, now called IAA MOBILITY 2023, in Munich this September. Continue reading
New Extended Range Option on 2024 Hummer EV 3X Pickup
“The 2024 GMC HUMMER EV 3X Pickup will take you where you need to go, now with more driving range and confidence,” said Al Oppenheiser, chief engineer, GMC HUMMER EV. Continue reading
Bosch Starts Mass Production of a Fuel-Cell Power Module
“Bosch knows its way around hydrogen, and Bosch is growing with hydrogen, “said Bosch chair Stefan Hartung. Bosch is spending ~€2.5 billion in H2 technology from 2021 to 2026. Bosch is active in the whole hydrogen value chain, developing technology for its production and application. By 2030, Bosch claims it will generate sales of roughly ~€5 billion with hydrogen technology. Continue reading
Tesla – Solid Q2 with Higher Production and Lower Prices but…
During Q2 2023 Tesla (NASDAQ: TSLA) made ~480,000 vehicles and delivered more than 466,000, the highest to date. As a result, Q2-2023 looked solid with Tesla setting its production and deliveries among its top five quarters. The result was revenue approaching $25B in a single quarter. Net revenue was $2.7 billion. However, analysts remain skeptical about what many of them say is a greatly overvalued stock that pays no dividends. During the past year a share of TSLA stock has ranged from ~$102 to $315. It’s currently trading ~$260. (AutoInformed: Ford Cuts F-150 Lightning Prices by $6000 to $10,000) Continue reading →