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Category Archives: auto news
Michigan and Cavnue to Create Autonomous Vehicle Lanes Linking Ann Arbor and Detroit
The project will draw on an advisory committee of automotive and autonomous mobility companies, including Ford, GM, Argo AI, Arrival, BMW, Honda, Toyota, TuSimple, & Waymo. Notably absent is Fiat Chrysler. (See AutoInformed.com on “Bye Bye FCA and PSA. Hello Stellantis”) Continue reading
Posted in autonomous vehicles, economy, milestones, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Making America Poor Again
The Depression Version Trump 2.0 sees The AP’s Business team chronicling the changing economy, “from the difficulties faced by people who have lost their jobs to how businesses are adapting to the new reality. We are using data and interviews with experts, officials and people affected to understand which changes are temporary and which ones are likely to permanently alter the ways we live and work.” Continue reading
Most Say COVID Restrictions Nixed Too Quickly
As a growing number of states struggle with a drastic rise in corona virus cases, 69% of Americans say their greater concern is that state governments have been lifting restrictions on public activity too quickly. Continue reading
Unifor Opens Contract Talks with Detroit Three in Canada
In a refreshing departure from the Trump Administration’s lack of plans for dealing with the pandemic, Unifor said, “Due to the COVID-19 pandemic, strict safety protocols will be in place for the duration of the negotiations to ensure compliance with Ontario health directives.” Continue reading
Posted in labor issues, manufacturing
Tagged auto industry commentary, autoinformed, autoinformed.com, gm canada, Ken Zino, unifor
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Ford Motor Recalls for Brakes, Corrosion and Fires
Affected are 2015-18 Ford Edge and 2016-18 Lincoln MKX 2020 Lincoln Corsair crossovers, and 2020 Ford F-150 pickups. All told more than ~560,000 vehicles are being recalled for dangerous safety defects. Continue reading
Posted in manufacturing, recalls, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, nhtsa, safety recalls
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NASCAR and BetMGM to Offer In Race Sports Betting
Live, in-race betting will begin in 2021. BetMGM is currently licensed for sports betting in seven states and has plans to be in 11 states by the end of 2020. NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. (See list of AutoInformed.com on NASCAR below.) Continue reading
J.D. Power to Buy ALG from TrueCar
The acquisition is predicted to augment offerings from the data & analytics division of J.D. Power. It is subject to the necessary regulatory approvals. Upon approval and close, all 40 ALG employees will join J.D. Power. Continue reading
Posted in economy, marketing, news analysis
Tagged alg, auto industry commentary, autoinformed, autoinformed.com, j.d power, Ken Zino, leasing
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Federal Deficit for FY 2020 To Date – $2.8 Trillion or +$1.9 Trillion Year-over-Year
The cumulative federal budget deficit for the first 10 months of fiscal year 2020 reached $2.8 trillion, +$1.9 trillion more than the deficit recorded during the same period last year. Revenues were 1% lower and outlays were 51% higher through July 2020 than during the same 10-month period in fiscal year 2019. Continue reading
Cadillac LYRIC – Taking Back the Luxury EV Lead?
“You can tune the car to the personality of the customer. The Lyric will continually get better throughout the ownership experience… the vehicle you drive today may not be what you want to drive tomorrow which we can change with over the air technology. If I had one word to describe it, I would say personal,” Reuss concluded. Continue reading
Nissan to Keep Production and Employment in Spain
The agreement is the result of gritty union actions. After starting indefinite strike on 4 May, unions mobilized a nationwide protest movement against the factory closures. A convoy of Nissan workers traveled across the country to build support for the struggle, and demonstrations were held at Nissan dealerships. Continue reading
Auto Plant Downtime Looming as COVID-19 Thrives?
LMC notes that projected regional and export demand, along with inventory replenishment, has it forecast that US automakers will produce nearly 40,000 vehicles daily in the second half of 2020. Continue reading
Ford Motor Changes CEO from Jim Hackett to Jim Farley
Farley, an automotive leader with global experience and a successful track record (He launched Lexus at Toyota), collaborated with Hackett over the past three years to develop and execute Ford’s Creating Tomorrow Together plan. Continue reading
Posted in auto news
Tagged auto industry commentary, autoinformed, autoinformed.com, Jim Farley, Jim Hackett, Ken Zino, milestones, people
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GM and EVgo to Add EV Fast Chargers Nationwide
The two companies say they will add fast charging stations to cities and suburbs, providing increased charging access to drivers who live in multi-unit homes, rent their homes and can’t install chargers, or might not have access to workplace charging. Continue reading
GM Offers Three New 350 Service Engines
“Building on the history and versatility of the original 350 first available in Chevrolet models such as the Camaro and Corvette, this engine continues to deliver.” Continue reading
RumbleOn Posts Q2 Profit of $8.5m, 10.0% of Revenue
“The COVID-19 pandemic has brought headwinds and tailwinds to this industry,” said Marshall Chesrown, Chief Executive Officer. “Thus far in the third quarter we are experiencing the highest online activity, strongest demand and highest valuations we have seen in our history.” Continue reading →