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Category Archives: auto news
GM Posts Formidable First-Quarter 2021 Results
During a call to media and investors GM said it confident in its full-year 2021 guidance outlined earlier this year as it works to manage through the semiconductor shortage, which is impacting all automakers globally. Based on information available today, the company expects to be at the higher-end of the EBIT-adjusted range of the forecast. Continue reading
April Sales Shower US Market More than 18 Million Times
This refreshing rejuvenation is partly the results of improved social, health and economic conditions under the successful Biden Administration that acted urgently to quell the largest public health crisis in US history that the previous Administration either ignored or promoted. Enjoy the flowers that are coming your way. Continue reading
Ford Rides Biden Administration’s Economic Recovery Surge and a Record April SAAR to a Good Sales Result
Ford’s gross inventory at the end of April remains favorable relative to competitors, according to Ford – a debatable assertion since it also signals a lack of flexibility and response in trimming what are non-performing assets. Continue reading
Posted in news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ford April US Sales, Ken Zino
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2021 Chicago Auto Show Set for July 15-19
The move comes as a growing body of evidence shows that because of vaccine-resistance the US will never have enough people with vaccinations to reach so-called herd immunity whereby the virus has no easy means to spread. Continue reading
Posted in economy, environment, marketing
Tagged 2021 Chicago Auto Show, auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Solid Power – More Money from BMW, Ford, Volta Energy Technologies for Solid-State EV Batteries
Of the three companies in the new agreement, BMW Group is the clear leader in electrification. Its Neue Klasse presented at its annual conference in March said this new generation of vehicles, which will be launched by the middle of this decade, will be uncompromisingly electric, digital, circular – and clearly focused on all-electric drivetrains. (All-Electric BMW i4 Shown, Q1 Financial Results of BMW Exceed Market Expectations) Continue reading
Toyota Developing Hydrogen Engine with Motorsports
Plans are for the hydrogen-engine-powered race vehicle – 1.6-liter turbocharged and intercooled – to be fueled during races using hydrogen produced at the Fukushima Hydrogen Energy Research Field in Namie Town, Fukushima Prefecture. Continue reading
FY2021 Toyota Sales, Production Drop Less than 10%
Toyota’s global sales and production have both been up year-on-year since September 2020, enabling Toyota to limit the year-on-year decline in sales and production to less than -10% in FY2021 ending 31 March 2021. Additionally, Toyota has maintained domestic production at the 3-million-unit level. Continue reading
Posted in manufacturing, sales
Tagged auto industry commentary, autoinformed.com, Ken Zino, Toyota FY2021 Results
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Ford Exec Re-shuffle in Struggling India, South America, China
Both Watters and Armstrong are Ford corporate officers. Armstrong will report to Kumar Galhotra, president, Americas and International Markets Group, along with Dianne Craig, who became president of Ford’s International Markets Group in February. Continue reading
April US Auto Sales About to be Highest Ever. Blip or Trend?
Total new-vehicle sales for April 2021, including retail and non-retail transactions, are forecast to reach 1,479,800 units, a 107.1% increase from April 2020 and a 7.8% increase from April 2019 when adjusted for selling days. Reporting the same numbers without controlling for the number of selling days translates to a 107.1% increase from April 2020 and a 12.1% increase from April 2019. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 18.1 million units, up 9.4 million units from 2020 and up 1.7 million units from 2019. Continue reading
Boss-Napping at Renault’s Fonderie de Bretagne Ends
AutoInformed first became aware of the union action late yesterday when Renault issued an unusual statement on its website: “Renault Group strongly condemns these actions and calls for the lifting of the blockade and an immediate return to calm. Renault Group recalls that the search for a buyer is currently underway in order to maintain the site’s activities and ensure the continuity of jobs. This process must continue with dialogue and calm.” Continue reading
Ford Ion Park – New Global Battery R&D Site in Michigan
It is supposed to accelerate research and development of battery and battery cell technology, including future battery manufacturing – areas where Ford is lagging behind other automakers, notably General Motors in the US and global makers such as Nissan, Toyota and Honda. Continue reading
2021 Mustang Mach-E GT and GT Performance Edition On Sale
Mustang Mach-E GT has electric all-wheel-drive and permanent magnetic dual motors, including an upgraded secondary electric motor that powers the front wheels for a combined power output of 480 peak horsepower and 600 lb.-ft. of torque. It aims for a 0-60 mph time of 3.8 seconds while targeting an EPA-estimated 250 miles of range. Continue reading
Gaming Technology for Autonomous Vehicles at Porsche?
This – in theory – shortens development times, saves costs and makes mobility safer, according to Porsche. Furthermore, in the nascent Porsche Car Configurator, Game Engines are intended to help the customer in the configuration of her vehicle in retail. In the future, customers in Porsche Centers will see an “almost photo-realistic, three-dimensional simulation of their configured vehicle” via a gaming PC with connected VR glasses. Continue reading
Reigning Champ Toyota Gazoo Racing Hypercar Set for 2021
Reigning World Champion and three-time Le Mans winner Toyota Gazoo Racing today became the first manufacturer on the Hypercar grid in 2021, alongside Scuderia Cameron Glickenhaus, with Audi, Ferrari, Peugeot and Porsche among those joining the battle in the coming years. Continue reading
Census Bureau – 26% of Adults Struggle on Expenses
Of pressing concern – adults living in households not current on rent or mortgage, 30.6% report eviction or foreclosure in the next two months is somewhat or very likely. Continue reading →