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- Porsche Recalls More Than 173,000 Vehicles for Rear Visibility
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Category Archives: auto news
Global Unions Want COVID-19 Dubbed Occupational Disease
The global union movement says workers need official recognition of COVID-19 as an occupational disease. Such recognition would ensure the right to worker representation and occupational safety and health (OSH) rights and the application of agreed measures to reduce risk. These rights include the right to refuse to work under unsafe working conditions. This also ensures employers are responsible and liable and that negligent employers are subject to the application of penalties. Continue reading
BMW Welt in Munich to Reopen on 4 May
Customers can therefore again take delivery of their new BMW in person at BMW Welt. In addition, a limited number of visitors can get personal advice on new vehicles in the BMW Welt showrooms or visit the BMW Welt Lifestyle & Accessory Shop to purchase from a wide range of BMW and MINI branded products. Continue reading
Posted in environment, marketing, milestones
Tagged auto industry commentary, autoinformed.com, BMW Welt Munich, Kenneth Zino
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Porsche Production to restart in Zuffenhausen and Leipzig
However other stricter Porsche measures remain in force until further notice to relieve the burden on the infrastructure at the sites: this means that the greatly increased level of “mobile working” will continue in the indirect areas, and meetings will be held as video or telephone conferences. The ban on business travel also continues to apply. Continue reading
Posted in environment, manufacturing
Tagged auto industry commentary, autoinformed.com, COVID-19, Kenneth Zino, leipzig, Porsche factories, Zuffenhausen
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Daimler Q1 2020 Net Profit Down -92% at €168m from €2149
Daimler says it responded to the “temporary drop in demand” caused by the Covid pandemic by proactively taking production stoppages in March and April. The net liquidity of the industrial business decreased to €9.3 billion at the end of first quarter, compared to €11.0 billion at year-end 2019. The decrease is particularly due to the negative free cash flow of the industrial business. Continue reading
Toyota Group in Full Production of Medical Face Shields
Based on a policy to be “mindful of the feelings of those in the midst of this pandemic, reach conclusions more swiftly, make prompt decisions, and take immediate action faster than ever focusing on safety and security as the highest priorities,” Toyota and Toyota Group companies will do what they can to help efforts on the front-lines of treatment and in limiting the further spread of COVID-19, which has become society’s biggest priority. The Trump Administration in its daily grievance propaganda confrontational sessions expresses no such emotions about the plague victims in the US. Continue reading
Toyota and FAW Restructure Their Joint Company Management
AutoInformed thinks this really is a giant step toward eliminating Germany luxury car makers as the brands of choice in the Chinese market with a Chinese brand with electric, sports and luxury cars. Continue reading
Infiniti: 0% Financing, 90-Day Deferred Payments
Effective immediately, Infiniti Financial Services is offering well-qualified buyers zero percent APR financing for up to 72 months on any 2020 Infiniti model, and will defer payments for 90 days. This offer is available through June 30, 2020. Continue reading
Posted in economy, marketing, prices
Tagged auto industry commentary, autoinformed.com, cdc, infiniti, Kenneth Zino, Trump COVID-19 Denials
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FCA Restarts Production at Sevel Italy?
In the coming days, training on safety standards will be made available via e-learning, standard internal communications channels and by sector managers with the support of specialized medical personnel. Continue reading
COVID-19 – 2020 Pebble Beach Concours d’Elegance Cancelled
With the cancellation of this year’s event, the 70th Pebble Beach Concours will now take place on Sunday, August 15, 2021. Continue reading
GM Canada Plans to Make Face Masks in Oshawa
“We plan to manufacture approximately one million masks per month at cost for the Canadian government with an estimate of 50 employees supporting two shifts of production. The project still requires completion of additional work with our governments and our Unifor partners and we will provide updates as we get ready to begin production,” GM Canada said in a statement. Continue reading
Toyota Yaris Cross Makes Virtual World Debut
Cross follows last year’s debut of the all-new Yaris, unveiled in October 2019 as the next-generation compact car, which – it was claimed – brought enhanced driving pleasure, the world’s highest level of fuel efficiency for its class thanks to its use of Toyota’s latest hybrid system, as well as advanced safety and security technologies. Continue reading
Ford Performance Shows Mustang Cobra Jet Electric Dragster
“Ford has always used motorsport to demonstrate innovation,” said Dave Pericak, Global Director, Ford Icons. “Electric powertrains give us a completely new kind of performance and the all-electric Cobra Jet 1400 is one example…we also have the all-electric Mustang Mach-E joining the Mustang family.” COVID-19 might push back the debut though. Continue reading
Ford Mustang Touts World’s Best-Selling Sports Car Tag
Mustang sold 102,090 units, according to the most recent new vehicle registration data from IHS Markit, making it the best-selling sports car in the world in 2019. During this period, Mustang sales in Germany increased 33%, in Poland sales rose by nearly 50%, and in France, they nearly doubled from laughably small bases. Continue reading
Penske Automotive to Hold Audio Annual Meeting
Stockholders will not be able to attend the Annual Meeting in person; however, stockholders will be afforded the same rights and opportunities to participate as they would at an in-person meeting. Only stockholders of record at the close of business on March 17, 2020 are entitled to vote at, or attend, the Annual Meeting. Penske Automotive did not immediately respond to whether this means no media access. Continue reading →