Category Archives: auto news

NLRB Rules Against Anti-Union Captive-Audience Meetings

Posted on 13 November 2024 by Ken Zino

The National Labor Relations Board today issued a decision in Amazon.com Services LLC, ruling that an employer violates the National Labor Relations Act by requiring employees under threat of discipline or discharge to attend meetings in which the employer expresses its views on unionization. Members Prouty and Wilcox joined Chairman McFerran in issuing the decision. Member Kaplan – a Trump appointee – dissented. Continue reading →

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GM Recall for Wheel Lockup on Diesel Pickups and SUVs

Posted on 13 November 2024 by Ken Zino

General Motors (NYSE: GM) is recalling ~462,000 pickup trucks and large SUVs with diesel engines because the rear wheels can lock, increasing the risk of a crash, according to a required recall report made public by the National Highway Traffic Safety Administration. The huge U.S. safety defect recall covers 2020-2022 model year Chevrolet Silverado and GMC Sierra 1500, 2500 and 3500 pickups, as well as the 2021 Cadillac Escalade, GMC Yukon, Chevrolet Tahoe and Suburban.

“A transmission control valve in some of these vehicles may be susceptible to excess wear over time, resulting in a gradual loss of pressure within the valve that can cause harsh shifting. In rare cases, the rear wheels may experience a momentary lock up,” GM said in the mandatory filing. “Excessive wear within the transmission control valve body can cause a fluid leak leading to a pressure drop that causes certain valves to move unexpectedly,” GM said. Continue reading →

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First Look – Freshened VW 2025 Golf GTI and Golf R

Posted on 13 November 2024 by Ken Zino

Volkswagen of America says that the 2025 Golf GTI will be offered in three trim levels – S, SE and Autobahn. In addition to the 2025 Golf R, a new Golf R Black Edition joins the line. However, at a time when car shoppers are sunning expensive models, pricing and availability for the 2025 Golf GTI and Golf R will be announced closer to an undisclosed launch date. Kelley Blue Book data shows that the average transaction price (ATP) for a new vehicle in the U.S. was $48,623 in October, up from September and higher than year-ago levels. Incentives increased again as many automakers work to clear their inventory.

“Golf R offers a 13 horsepower increase, making this the most powerful Golf model ever produced by Volkswagen. Refreshed exterior and interior designs offer a more modern and stylish look, with new color options, wheel designs, interior accents, and upgraded infotainment,” VW said in a release. Continue reading →

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McKinsey and Hire Heroes USA – Bridging Veteran Career Gaps

Posted on 11 November 2024 by Ken Zino

McKinsey& Company said today that it is working with Hire Heroes USA to bridge the career gap for veterans. About 60% of the estimated 150,000 U.S. active-duty service members who transition from the military each year earn less during their first year after being discharged versus what they earned during active duty, according to a recent McKinsey article.

“Hire Heroes USA gave me the confidence and tools to return to the workforce. After six years out of the workforce, three years battling cancer, I didn’t know how to navigate job searches and resume writing,” said Samantha Bell, a U.S. Navy veteran who works as a clinical instructor in ABA therapy. “The coaching, friendship, and resources were invaluable as someone who felt lost and alone.” Continue reading →

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VW Ensnared in More Takata Airbag Shrapnel Recalls

Posted on 11 November 2024 by Ken Zino

Volkswagen Group of America is recalling 2017-2019 model year Beetle, Beetle Convertible, 2012-2014 Passat, 2017 Passat Wagon, and 2006-2007 Passat Sedan vehicles, according to documents made public today by the National Highway Traffic Safety Administration. Volkswagen had been refusing to recall the inflators arguing since 2020 about NHTSA’s interpretation of Takata defect data.*

“The driver’s side frontal air bag inflator may explode due to propellant degradation occurring after long-term exposure to high absolute humidity, high temperatures, and high temperature cycling,” VW said in the required safety defect recall filing. Volkswagens included in this recall are equipped with the Takata SDI-D driver frontal airbag. “An inflator explosion may result in sharp metal fragments striking the driver or other occupants resulting in serious injury or death,” VW acknowledged. Continue reading →

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Renesas and Nidec Announce New EV E-Axle Systems

Posted on 11 November 2024 by Ken Zino

Renesas Electronics Corporation (TSE: 6723)* today announced what it claims is the world’s first “8-in-1” proof of concept (PoC) for E-Axle systems for electric vehicles. It controls eight functions using a single microcontroller (MCU). Developed in collaboration with Nidec Corporation, this PoC integrates a motor, a reduction gear, an inverter, a DC/DC converter, and an on-board battery charger (OBC). System-level testing was also completed to ensure its performance. This of course awaits verification in deployments on the road.

“The E-Axle is a unit in EVs that combines a drive motor, a gear, and an inverter. By integrating multiple functions, the E-Axle system can reduce system size and weight, simplifying EV design. Renesas provided key components, including semiconductors and a reference design for the new 8-in-1 E-Axle system. Renesas also plans to deliver turnkey semiconductor solutions for various X-in-1 systems based on the reference design verified through this PoC. Armed with these solutions, developers can implement and evaluate X-in-1 systems instantly, accelerating EV development,” Renesas said. Continue reading →

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Stellantis Embraces and Adapts HVO Diesel Fuel

Posted on 11 November 2024 by Ken Zino

Stellantis (NYSE: STLA)* said today that its entire assortment of cars and light-duty commercial vehicles is fully compatible with Hydrotreated Vegetable Oil (HVO) diesel fuel. HVO diesel has the same performance as traditional diesel and is derived from renewable sources, such as vegetable oils or animal fats.

“The hydrogenation process used to produce HVO results in a cleaner, sulfur-free fuel with significantly reduced levels of aromatic compounds and pollutants, making it a sustainable and environmentally friendly option,” Stellantis claimed.

Well, yes, but with caveats, AutoInformed observes. Some sustainable-fuel industries are still budding. McKinsey & Company research says that most sustainable fuels (other than clean hydrogen) are projected to see significant growth by 2030. By 2050, McKinsey expects demand for sustainable fuels to quadruple. Depending on net-zero objectives across countries, the share of demand for sustainable fuels could account for as much as 37% of all energy used in the transportation sector. [The respected McKinsey consultancy has many ongoing studies on Sustainability and Oil & Gas Practices. – AutoCrat] Continue reading →

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Brazilian Gabriel Bortoleto – Formula One’s Newest Driver

Posted on 11 November 2024 by Ken Zino

The second driver for Audi’s entry into Formula 1 in 2026 will be the 20-year old Brazilian Gabriel Bortoleto. He will drive alongside German Nico Hülkenberg (37) for Stake F1 Team Kick Sauber next year, which will become the Audi F1 factory team in 2026.

The experienced Hülkenberg, who was announced in April, and the promising F1 rookie Bortoleto form a Mutt and Jeff or opposite-experience driver pairing for Audi’s Formula 1 project. Bortoleto in 2023 stood out in his debut season winning the FIA Formula 3 Championship. The São Paulo native is currently leading the FIA Formula 2 Championship standings. His career began at the age of six in karting, and by twelve, he had moved to Europe with his family to pursue his Formula 1 dream. Continue reading →

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American Airlines and JetBlue Alliance Blocked

Posted on 9 November 2024 by Ken Zino

The U.S. Court of Appeals for the First Circuit last Friday affirmed the U.S. District Court for the District of Massachusetts’ ruling in favor of the Justice Department and the Attorneys General of six states and the District of Columbia in their civil antitrust lawsuit to stop the Northeast Alliance between American Airlines and JetBlue. Continue reading →

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Porsche Penske Motorsport Wins – Rename the 963 to 967?

Posted on 8 November 2024 by Ken Zino

The 2024 season was one of the most successful in Porsche’s long-distance racing history as the Porsche 963, won seven of eight possible titles together with the works team Porsche Penske Motorsport. Maybe it should be call 967 to honor the success in only the second year of racing the 963. The overall result of the 2024 season in the FIA World Endurance Championship WEC and the IMSA WeatherTech SportsCar Championship was six out of six possible titles in North America, as well as the world championship crown for the works drivers Kévin Estre from France, André Lotterer from Germany and Laurens Vanthoor from Belgium in the FIA WEC. Porsche missed the manufacturer’s title in the world championship with the 963 this year by two points.

‟ ‘Nobody’s perfect’ – we already used this slogan in 1983, when only one third-party manufacturer appeared in the top 10 of the 24 Hours of Le Mans,” said Thomas Laudenbach, Vice President Porsche Motorsport in a release celebrating the season today. It turns out that 41 years ago, Porsche publicized the Le Mans result under the ‘Nobody’s perfect’ on a now well-known poster. It depicted the racing cars from Stuttgart in the first eight places in the overall classification and in tenth place, with a Sauber BMW in between in the ninth spot. In AutoInformed’s view it also is just another example of Porsche’s sense of humor – counter the false stereotype on the lack of German humor. Remember the pink pig Porsche 917 endurance racer at Le Mans in 1971with the cuts of ham stenciled on the car? Continue reading →

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Slight Improvement in J.D. Power 2024 Sales Satisfaction

Posted on 8 November 2024 by Ken Zino

Customer satisfaction with the vehicle purchase process continues to rise as new-vehicle inventory and pricing improve year over year, according to the J.D. Power 2024 U.S. Sales Satisfaction Index (SSI) Study, SM released this week.* Overall customer satisfaction with the vehicle purchase experience is 801 (on a 1000-point scale), up from 793 in 2023.** Continue reading →

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Nissan Motor Posts Disastrous First Half Results

Posted on 7 November 2024 by Ken Zino

Nissan Motor Company today in Japan announced weak financial results for the six-months ended 30 September 2024. Net revenue decreased by ¥79.1 billion year-over-year (YOY) to ¥5.98 trillion yen, with consolidated operating profit decreasing ¥303.8 billion to ¥32.9B. This was a paltry operating profit margin of 0.5%. Net income was ¥19.2 billion. Global sales volumes decreased year-on-year to 1.6 million units.*

“Profitability was affected by higher selling expenses and inventory optimization efforts, particularly in the US, along with rising manufacturing or monozukuri costs,” Nissan said in its earnings release. It’s also selling 149,028,300 shares of Mitsubishi, which will reduce Nissan’s stake in Mitsubishi from 34.07%. It could be the beginning of the end of alliances within the Renault-Nissan-Mitsubishi Alliance or the complete demise of the Alliance. Continue reading →

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BMW Q3 2024 Profits Drop 61%

Posted on 7 November 2024 by Ken Zino

BMW AG posted results yesterday for Q3 of 2024 that saw earnings at €1696 million compared to 2023 at €4352M for a plunge of -61.0%. It was the worst quarterly performance in ~four years. Consequently, its stock took a beating.

“Group revenues remained significantly down on the previous year in the third quarter of 2024 at 32,406 million (2023: € 38,458 million; -15.7%; adjusted for currency effects -15.3%). The primary reasons for this decline were negative volume effects and product mix effects in the Automotive segment resulting from delivery stops related to the supplied ABS [There were ~1.5 million vehicles recalled for a bad braking system- Autocrat], among other factors,” BMW said in an earnings release. Continue reading →

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Trump Presidency Effects on Auto Industry – All Bad?

Posted on 6 November 2024 by Ken Zino

After the election of Donald Trump, Jeff Schuster, Vice President Research Automotive at the GlobalData* consultancy, offered thoughts some of the changes expected in the US automotive industry from Trump 2.0. Fasten your safety belts! AutoInformed thinks it’s going to be a bumpy job, climate and economy threatening ride.

“Automotive is one of the sectors that could see a significant mid-term impact from the new Trump presidency in the areas of Trade, Electric Vehicle Transition and Regulations, “said Schuster this morning. Continue reading →

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Honda Motor Company Posts ¥742.6B Profit

Posted on 6 November 2024 by Ken Zino

Honda Motor Company (NYS: HMC) today posted consolidated financial results for the 2025 fiscal first half for the year ending 30 September 2024. Operating Profit was ¥742.6 billion with an Operating Margin 6.9%. The operating cash flow after R&D adjustment remained at the same level as the same period last year at ¥1 trillion 285.1 billion. The Board of Directors has approved acquisition of the Company’s own shares of ¥100.0B, in addition to the ¥300B share buyback resolution made on 10 May. Continue reading →

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