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Category Archives: auto news
First CHIPS for America Funding Applications Now Open
Awards will take the form of direct funding, federal loans, and/or federal guarantees of third-party loans. Awards are designed to complement—not replace—private investment and other sources of funding, and applicants are strongly encouraged to bring capital to the table. CHIPS for America awards will be made as soon as applications can be rigorously evaluated and negotiated. The automobile industry, of course, has been hobbled by interruptions in its supply of offshore-produced chips or semi-conductors. Continue reading
Honda Performance Development Shows CR-V Hybrid Racer
“The CR-V Hybrid Racer is our ‘rolling electrified laboratory,’ to investigate where the talented men and women of HPD and Honda could go with electrification, hybrid technology and 100% renewable fuels,” said Salters. “It epitomizes Honda’s fun-to-drive ethos, showcases electrification and it just rocks our car culture roots and racing heritage! We present the CR-V Hybrid Racer–aka ‘The HPD Beast’!” AutoInformed notes, wryly, that this isn’t in keeping with meeting the nicest people on a Honda, but it has, well, light comedy or entertainment value. Continue reading
Honda, LG Energy Solution Break Ground for New Battery Plant
The location of the joint venture between Honda and LGES was announced on 11 October 2022, and was formally established on 12 January 2023. The plant aims to start mass production of pouch-type lithium-ion batteries by the end of 2025, to be provided exclusively to Honda auto plants to produce EVs to be sold in North America. Continue reading
US Electric Vehicle Satisfaction Shifting to Quality, Styling
“The electric vehicle landscape is changing quickly, and newer models are bringing in more mainstream, first-time EV buyers,” said Brent Gruber, executive director of the EV practice at J.D. Power. “Recent vehicle launches from both new brands and traditional automakers have had a profound effect on what factors are most important in the ownership experience. Today’s EV owners are looking for quality, reliability, driving enjoyment, safety and technology features.” Continue reading
Stellantis to Convert Three Indiana Plants to EV Components
As a result more than 265 jobs will survive. Stellantis* said that its total investments in Indiana since 2020 to support electrification goals will increase to nearly $3.3 billion, including gigafactory joint venture with Samsung SDI. This is to support the goal of 50% battery electric sales in the U.S. by 2030. Continue reading
Cadillac to Run the 24 Hours of Le Mans with Three Entries
The engineering challenge – of course – is to bring the old success of Cadillac’s DPi V.R, which won two titles and four consecutive Rolex 24s in its six years in the IMSA WeatherTech Championship – to the new car. Notably, this will mark the brand’s return to the 24 Hours of Le Mans after 22 years. Continue reading
Posted in marketing, performance, racing
Tagged auto industry commentary, autoinformed.com, Cadillac V-Series.R, Ken Zino, Laura Wontrop Klauser, le mans, wec
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EVs – Stellantis Now Large Shareholder in McEwen Copper
Copper, of course, is a strategic raw material for the future of electric mobility. Estimates predict that global demand for the conductive metal will triple in the coming years. By making this investment in one of the top international projects in development of this commodity, Stellantis will be able to supply some of the projected copper demand starting in 2027, Stellantis claimed. Continue reading
EVs – Honda, Ascend to Buy Recycled Nickel, Cobalt, Lithium
Through this collaboration, Honda will seek to acquire a consistent supply of nickel, cobalt and lithium that Ascend Elements reclaims from recycled lithium-ion batteries. Honda will then use these materials in its battery supply chain. Continue reading
Recession? US Consumer Auto Spending at Record Levels
Retail sales of new vehicles this month are expected to reach 907,900 units, a 0.1% increase from February 2022. New-vehicle transaction prices continue to rise, with the average price reaching a February record of $46,229, a 4.8% increase from a year ago. Consumers are forecast to spend ~$42.0 billion on new vehicles this month—the most ever for the month of February and an increase of 5.0% from February 2022, as the Biden Administration economic recovery continues. Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed.com, bevs, Elizabeth Krear, j.d power, Ken Zino, lmc automotive, PHEVs, Thomas King
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CHIPS Act – a Vision for America’s Technological Leadership
US Secretary of Commerce Gina Raimondo today delivered a speech titled “The CHIPS Act and a Long-term Vision for America’s Technological Leadership” at Georgetown University’s School of Foreign Service. In her remarks, Raimondo outlined the opportunity provided by the CHIPS and Science Act and the long-term goals she has set for the program to solidify America’s technology and innovation leadership while protecting America’s economic and national security. Continue reading
Autonomous Vehicles, Entertainment: Mercedes-Benz Debuts a New Operating System in the Automobility Cosmos
This is only one aspect of a program intended to bolster the stated Mercedes-Benz desire to remain a preeminent luxury brand. Moreover, both are advanced aspects – or aspirations – of what the auto industry and its products are heading toward: a software defined vehicle and user experience, as well as the comprehensive use of data collection and artificial intelligence that will enable autonomous vehicles, along with ongoing software over-the air updates for entertainment feeds, traffic alerts, subscription services, EV charging availability and range, among other aspects of a connected car from a connected car company and its connected dealers and other connected vendors. Continue reading
Posted in autonomous vehicles, connected vehicles, electronics, milestones, mobility company
Tagged artificial intelligence, auto industry commentary, autoinformed.com, Google Cloud AI, Ken Zino, mb.os, Mercedes Modular Architecture, NVIDIA DRIVE, Ola Källenius, SAE Level 2 and 3 autonomous driving, software defined
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BMW Manufacturing is Largest US Automotive Exporter
BMW Manufacturing led the nation in automotive exports by value, according to data released by the US Department of Commerce. The South Carolina plant exported 227,029 BMW Sports Activity Vehicles and Coupes during 2022 with an export value of ~$9.6 … Continue reading
Cadillac Debuts 2024 XT4 SUV Without Pricing
“The XT4 continues to be a top-selling vehicle in its class, year over year,” said Rory Harvey, Global Cadillac Vice President. “Its balance of dynamic style, drivability and luxury has made it a favorite for many new Cadillac customers. Now with enhancements including our 33-inch-diagonal LED Color Touchscreen Display and new safety features, it will further demand a second look,” Harvey hoped. Continue reading
GM St. Catharines Plant to Build Ultium EV Drive Units
With hundreds of good-paying jobs at stake, it’s unlikely such supporting agreements won’t be forthcoming in AutoInformed’s view. We would be more troubled by the fate of the Toronto Maple Leafs as the NHL trade deadline and the Stanley Cup approach. Continue reading
WEC – Hertz Team JOTA Unveils Le Mans Bound 2023 Race Car
“Our sponsorship of Hertz Team JOTA marks the company’s return to premium motorsports and underscores Hertz’s commitment to speed, reliability, and innovation, both on and off the track. We look forward to collaborating with the BRADY Brand and Singer as we engage our customers and millions of racing fans during the 2023 FIA World Endurance Championship season,” said Stephen Scherr, Hertz Chief Executive Officer. Continue reading →