Category Archives: auto news

SEC – New Rules on Climate-Related Disclosures for Investors

The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks. No doubt the anti-environment anti-democracy pro-Putin Republican party will fiercely fight the SEC. The global auto industry is rushing to address climate change with its headlong rush into electric vehicles. This should clarify the ongoing avalanche of green statements from makers and suppliers and help customers understand how committed the companies are. Continue reading

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The Sweet Song of EVs – Cadillac Starts Lyric Production

General Motors today passed another milestone in its move to an all-electric future as Cadillac celebrated the beginning of retail production of the 2023 Cadillac LYRIQ at GM’s Spring Hill, Tennessee, assembly plant. GM President Mark Reuss, Cadillac Vice President Rory Harvey, Tennessee Gov. Bill Lee, UAW representatives, plant employees and other officials were on hand. The real dignitaries were the workers who made it happen. Continue reading

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VW to Drop Fossil Fuels, Spend $7.1B on Products, R&D and Manufacturing in Canada, Mexico and US

Keogh claimed a commitment to software and “digital solutions” for American consumers, developed directly in the United States. As part of that, Volkswagen plans to bring over-the-air (OTA) updates and new software features, such as plug and charge, for the ID.4 this year. Volkswagen is also working with CARIAD SE, Volkswagen Group’s software entity, to supporting the formation of its North American subsidiary in 2022, with software units in Seattle, WA, and California’s Bay Area. Continue reading

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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

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Toyota to Upgrade Long Beach Manufacturing

Ford Motor Company successfully lobbied the Johnson Administration to expand the tax to Japanese automakers. The simple workaround at what was then Atlas Fabricators in 1972 was to produce Toyota truck beds for pickup trucks imported into the U.S. from Japan, a strategy also used by other importers.  Two years later, Toyota bought the operation and renamed it TABC, which become its first manufacturing investment in the U.S. It’s ironic that Ford, one of the Detroit Three companies that lobbied  for protection against imported light trucks, later did minor stateside work on the Turkish-built Transit Connect to escape paying the chicken tax. Continue reading

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Maserati – First Italian Luxury Brand to Produce EVs?

Now, Maserati is about to become the first luxury brand to launch a 100% electric sports car under the Maserati Folgore name (translation Lightning or Flash Of Lighting). The new GranTurismo will be the first car in Maserati history to adopt 100% electric “solutions.” Made at the Mirafiori production site, it will debut in the market in 2023. The new GranTurismo, it’s claimed, will offer “cutting-edge technical solutions derived from Formula E – superb performance, comfort and elegance.” Continue reading

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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

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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

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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

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McLaren Automotive Tries the Metaverse with InfiniteWorld

Most recently, McClaren unveiled its all-new high-performance hybrid supercar, the Artura. The Artura is the first McLaren to use McLaren Carbon Lightweight Architecture (MCLA). MCLA is designed, developed and manufactured at the McLaren Composites Technology Centre in the Sheffield region of England “using world-first processes and will spearhead the brand’s electrified future.” Continue reading

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FI Braking Points – New Regs, New Limits. More Passing?

The latest FIA regulations and limits see wheel diameters increase from 13 inches to 18 inches. This of course requires larger, heavier brake discs. For 2022, the diameter of Brembo front axle carbon discs increases from 278 mm up to as much as 328 mm, while the maximum thickness remains unchanged at 32 mm. Those on the rear axle increase from 266 mm to 280 mm, with the thickness increasing from 28 mm to 32 mm. Continue reading

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Volkswagen, Ford Expand Cooperation on MEB EV Platform

The first Ford model to use the MEB will be an all-electric crossover. It is expected to roll off the assembly line at the Ford Electrification Center in Cologne from 2023. Ford  – lagging in EVs – had originally planned just one model based on MEB with a total volume of around 600,000 units. The company has not yet released any details about the second planned model. Continue reading

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Ford to Sell 600k EVs Annually in Europe by 2026?

“It’s also about the pressing need for greater care of our planet, making a positive contribution to society and reducing emissions in line with the Paris Climate Agreement,” said Stuart Rowley, chair, Ford of Europe. Ford – like virtually all automakers with similar pledges – wants to achieve zero emissions for all its vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, it said today. Continue reading

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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

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BMW Group Buys Customizer ALPINA

The existing cooperation will continue in a different form: The company owned by the Bovensiepen family will continue to use its engineering expertise in developing, manufacturing, and selling BMW ALPINA vehicles within the existing agreement until the end of 2025. This results in ‘base’ BMW cars receiving extensive modification by the ALPINA – including the engine and transmission, as well as the chassis, aerodynamics, and interior equipment. BMW ALPINA vehicles are pre-assembled on BMW production lines before final assembly of the vehicles taking place in workshops in Buchloe, also with individual interiors built to customer specifications. Continue reading

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