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Category Archives: auto news
Milk Run – McLaren 720s Spa 68 – a Three Car Set
The McLaren 720S Spa 68 Collection car is available from McLaren Brussels – two of the three are sold. Maybe more should have been built? Continue reading
Hyundai Motor Claims World’s First Smart Fingerprint Technology. Big Convenience or Electronic Big Brother?
To unlock the vehicle, the driver places a finger on the sensor located on the door handle. The encrypted fingerprint information will be identified and delivered to the fingerprint controller inside the vehicle. The driver can also easily start the vehicle by touching the ignition that is also equipped with a fingerprint scanning sensor. Continue reading
November Used Vehicle Prices Drop for Third Month
Some of the worst losses are in the luxury mid-size car segment, which has seen steady year-over-year declines since 2012. Prices for this segment are expected to decline by more than 7% annually. Continue reading
NYSE Suspends Trading in Link Motion. Delisting Next Step
Chinese-based Link Motion offerings includes enabling technology and secure connected carputers for car businesses, consumer ride sharing services, as well as legacy mobile security, productivity and other related applications. Continue reading
Japanese Justice or Farce?
Carlos Ghosn remains in a tiny jail cell in jail for at least the rest of the year, a Tokyo court ruled today, Sunday 23 December 2018. Ghosn stays locked up until January 1, giving the Japanese “authorities” added time to question him – without his lawyer present – on more alleged wrongdoings as Nissan Motors CEO. Continue reading
First Fully-Electric Freightliner eM2 to Penske Truck Leasing
Penske Truck Leasing is going to operate the electric truck in local distribution traffic in the Northwest Pacific and in California. During 2019, Penske Truck Leasing Corporation will receive in total 20 fully-electric Freightliner trucks: ten medium-duty eM2 and ten eCascadia for heavy-duty transportation. In total the Freightliner’s test fleet will include 30 vehicles. Continue reading
Posted in alternative fuels, electric vehicles, electronics, environment, fuel economy or emissions, milestones, new vehicle
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, first fully electric Daimler Freightliner eM2, Ken Zino, new vehicle reviews
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British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
The GM Grinch that Stole Christmas, or Did It?
There will be a 15% reduction in GM’s salaried workforce, the closing of the Lordstown and Detroit-Hamtramck assembly plants in the US and the Oshawa complex in Canada in 2019. Baltimore Operations and Warren Transmission plants will also be shut down in 2019. The arrival of year-end auto sales data makes things clearer in the view of consultancy LMC. Continue reading
Posted in auto news, autonomous vehicles, car sharing, economy, labor issues, manufacturing, marketing, mobility company, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, General Motor restructuring, Ken Zino, lmc, new vehicle reviews, plant closings
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Car Rental Rate Holiday Rip-Offs
Travelers in need of a rental car in Seattle this Christmas will pay a lot more than usual. According to a new survey from CheapCarRental.net, rental car rates have nearly quadrupled in the city for the holidays. Continue reading
2018 Auto Retail Sales Down. Transaction Prices Set Record
“Despite retail sales falling for the sixth consecutive month, the continued growth in transaction prices is allowing manufacturers to offset lower sales with higher revenue,” claims Thomas King, Senior Vice President of the Data and Analytics Division at J.D. Power. “Consumers are on pace to spend nearly $45 billion on autos in December, up 1% from last year and the highest level ever recorded.” Continue reading
European Court Annuls Real Driving Emissions Limits. Cleaner Diesel Deception Threatened. They Can Be Banned from Cities
Their argument is provocative: “While the European Commission did not seek to increase the headline 80 mg/km emissions limit for diesel vehicles, which must still be adhered to in the laboratory test, they granted “Conformity Factors” that in effect did increase the limits for the harder, on-road part of the test. As a result, all diesel vehicles only had to meet 168 mg/km by September 2019, falling to 114 mg/km by January 2021. This was in practice a large increase in the permissible emissions limit.” Continue reading
Japanese Scrooges Run Amok as Carlos Ghosn Re-Arrested. Christmas Locked Up for the Gaijin!
Prosecutors then re-arrested Ghosn on new charges in a sordid tale that goes back to Ghosn’s first arrest on 19 November 2018. Ghosn could now be in a tiny jail cell for another 10 days or more, where he has been locked up since last month on initial allegations of financial misconduct. Continue reading
Posted in AutoInformed Editorial, financial results, fools 'n frauds, litigation, news analysis, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, Japanese corporate governance, Japanese legal abuses, Ken Zino, new vehicle reviews
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Nissan Mired in Japanese Corporate Governance Scandals
The latest development also casts doubt about the origination and integrity of a Nissan internal investigation into former Chairman Carlos Ghosn who is due to be released today after a month in Japanese jail for allegedly under reporting deferred income. Ghosn says he will vigorously defend his actions. Continue reading
Posted in fuel economy or emissions, news analysis, people, quality, recalls
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, connected vehicles, infrastructure, Japanese Ministry of Land, Ken Zino, new vehicle reviews, nissan, Nissan Emissions scandal, Transport and Tourism
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Fires! Ford Recalls 874,000 F-150 and Super Duty Trucks
Ford says that the safety defect only exists while the vehicle is parked, and the block heater cable is plugged into an electrical outlet. This, of course, is the sole purpose of a block heater. Continue reading
Arcimoto Get $4.5m to Make Golf-Cart Like EV
The financing, led by FOD Capital, LLC, included the purchase of 500,000 shares of Arcimoto’s common stock at a purchase price of $3.00 per share, as well as the issuance of a $3.0 million senior secured note, which bears 10% interest over a one-year term, and a warrant to purchase 942,857 shares of registered FUV common stock for $3.50 per share. Continue reading →