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Category Archives: auto news
Corporate Raiders After Ford Motor Stock at Deep Discount
Baker Mills’ offer price of $7.00 per share in cash is approximately ~17.84% lower than the $8.52 closing price of Ford common stock on Dec. 14, 2018, the last closing price prior to commencement of the offer. The markets are closed today. Continue reading
Germany Drops Hard Coal After 200 Years
In 2007, the social partners in German coal industry reached a deal to phase out hard coal production by 2018. However, fossil fuels still account for an important part of the energy mix, and the lignite, or brown coal, produced in Germany still derives a part of it. Continue reading
Toyota N. America Sales Flat in 2018. Truck Sales Set Record
For the year, TMNA reported sales of 2,426,672 vehicles, a -0.3% decrease on a volume basis and down -0.6 percent on a DSR basis. Continue reading
Volkswagen Offers First Look at Mobile Charging Station
The mobile charging station works like a power bank does with smartphones, but for electric vehicles instead. The charging capacity of up to 360 kWh enables up to 15 e-vehicles, including members of Volkswagen’s new ID line to be charged in stand-alone operation. Continue reading
Autonomous Vehicles – OmniVision is Watching with High-Speed Global Shutter Image Sensors
Semi-autonomous vehicles use DSM to track the driver’s eye gaze and allow the vehicle to take control when the driver becomes drowsy or distracted. DSM is currently available in high-end cars, but over the next few years, the tracking will likely migrate into mainstream vehicles, a market segment that is much more cost-sensitive. Continue reading
Posted in autonomous vehicles, electronics, engineering, environment
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Ken Zino, level-3 semi-autonomous vehicles, new vehicle reviews, OmniVision Technologies, SAE Autonomous vehicles
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Will Updated Ontario Distracted Driving Laws Induce Drivers to Finally Put Down Their Connected Mobile Devices?
Distracted driving continues to be a challenge everywhere but on Ontario’s roads, nearly a decade after the initial legislation banning handheld devices was passed it’s still a problem. In Ontario one person is injured in a distracted driving collision every half an hour. Continue reading
Geely moves Closer to Owning AB Volvo. Chinese Company Owns the Car Brand and Is Buying Into the Truck Business.
China’s Geely Holding [GEELY.UL], owner of the Volvo car brand, is buying an 8.2% stake in Volvo (VOLVb.ST) from Cevian Capital. This is worth more than $3 billion at market prices. This makes Geely the biggest individual shareholder in AB Volvo and second ranked in terms of voting rights behind Swedish investment firm Industrivarden (INDUa.ST). Continue reading
Predictably – So-Called Tokyo “Court” Secretly Prolongs Detention of Carlos Ghosn By 10 Days According to TV Asahi
Ghosn, accused of aggravated breach of trust, is facing allegations of making the car maker take on ¥1.85 billion ($16.8 million) in investment losses that allegedly were his. (See AutoInformed from last Sunday: Japanese Justice or Farce?) Continue reading
Posted in auto news, litigation, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, carlos ghosn, connected vehicles, Japanese corporate governance, Japanese Justice, Ken Zino, litigation, new vehicle reviews, news, news analysis, Nissan Motors, people
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US Insurance Industry Group to Test Emergency Braking. Does the Driver Assist Technology Really Protect Pedestrians?
The pedestrian autobrake test is the fourth crash avoidance evaluation in the Institute’s group of safety tests, along with ratings of front crash prevention, rear crash prevention and headlights. Lurking in the background is the promise and threat of autonomous vehicles. Continue reading
Happy New Year or is that Old Year? Impaired-Driving Still Remains Primary Cause of Deaths
The first four states with legalized recreational marijuana use saw as much as a 6% increase in vehicle crashes compared with neighboring states without such laws, according to research from the Insurance Institute for Highway Safety and Highway Loss Data Institute. Continue reading
Stefan Juraschek on BMW Electric Car Development
We currently produce the following electrified models: the BMW i3 (third model evolution with 120 Ah) , BMW i3s, BMW i8 Coupe, BMW i8 Roadster, BMW 740e, BMW 740Le, BMW 530e, BMW 225xe Active Tourer, MINI Cooper S E Countryman ALL4 and, in China, the BMW X1 xDrive25Le. Continue reading
Hyundai Delivers First 2019 NEXO Fuel Cell SUV
Mr. Hochrad isn’t the typical automotive buyer. More than 15 years ago, he purchased his first hybrid car and over the years has driven dedicated electric vehicles as well. His new NEXO will deliver about five times the driving range of his first unnamed all-electric car. Continue reading
Posted in alternative fuels, electric vehicles, environment, marketing, new vehicle
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Hyundai Motor Company of Korea, Ken Zino, new vehicle reviews, NEXO fuel cell SUV, Tucson Fuel Cell
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Mobility Company Capital Destruction. Latest German JV Attempts to Lessen Negative Effects on Shareholder Value
It’s just the latest example of the capital intensive, shareholder-value destroying transition to an ill-defined, but demonstrably expensive mobility company that all automakers are now pursuing. Continue reading
Posted in auto news, electric vehicles, environment, marketing, milestones, mobility company, new vehicle, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, autonomous vehicles, bmw group, connected vehicles, daimler ag, Ken Zino, Mobility Company JV, new vehicle reviews
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Ford Motor 2018 US Sales drop -3.5% to 2.5 Million. Cars at 486,000 dive -18%. Trucks Up Again
The continued stronger mix of trucks and SUVs at Ford Motor meant an expanded transaction pricing for another new record of $38,400 in December, a $1,600 increase compared to December last year. This outperforms the industry average of a $470 increase for the overall industry at $34,000 per vehicle. Continue reading →