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Category Archives: auto news
EPA 2031 CAFE – EVs, PHEVs, Hybrids Will Grow
For those of you who inhabit the Trump Washington swamp and have misinformation fever, Trump did not decrease the standards as he promised. Incremental increases were slowed down a bit. Enter the Biden Administration, which basically went back to the sharp CAFE increases that occurred under the Obama Administration. Simply put, CAFE will increase because of the significant fines for non-compliance now in place. Continue reading
Posted in alternative fuels, auto news, connected vehicles, electric vehicles, engineering, environment, global warming, manufacturing, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, CAFE through 2032 model year, EVs, hybrids, internal combustion engines, Ken Zino, PHEVs
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Porsche 2024 Annual Meeting Sweep. Dividend Doubled
“In 2023, Porsche impressed while realizing all its ambitious forecasts. Our financial position is robust and, even in uncertain times, we remain highly profitable. For Porsche, 2024 is a year of new product launches, with the biggest model launch program in the company’s history. In the past months we have launched new models for five model series. We are thereby laying the foundations today for our profits tomorrow – and for future dividends,” said Oliver Blume, Chairman of the Executive Board. Continue reading
NHTSA Eases CAFE Regs For 2027-2031 Model Years
“Not only will these new standards save Americans money at the pump every time they fill up, they will also decrease harmful pollution and make America less reliant on foreign oil,” U.S. Transportation Secretary Pete Buttigieg said. “These standards will save car owners more than $600 in gasoline costs over the lifetime of their vehicle.” Continue reading
Posted in auto news, economy, energy, environment, fuel economy or emissions, news analysis, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration, corporate aver fuel economy, fuel economy regulations, Ken Zino, Pete Buttigieg, US Department of Transportation
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NHTSA Fire Alert – Park Outside! 2020-2024 Kia Tellurides
The National Highway Traffic Safety Administration said today in a Consumer Alert that Kia America has issued a “park outside” recall for 462,869 model year 2020-2024 Telluride vehicle. There is a risk of fire while parked or driving in the vehicles. Kia is advising owners to park their vehicles outside and away from other vehicles and structures until the recall repair has been completed. Continue reading
Toyota to Expand Huntsville Engine Plant
The Huntsville-assembled engines power the Corolla, Corolla Cross, Highlander, RAV4, Sequoia, Sienna, Tacoma and Tundra. Toyota Alabama is the company’s largest engine producer in North America, employing more than 2000 non-union workers who assembled more than 770,000 engines in 2023. Continue reading
US Light Vehicle Sales Strong in May
“May is usually an important month for the automotive industry, with warmer temperatures and Memorial Day sales events traditionally bringing consumers out to buy vehicles. This year was no different, with incentives being significantly higher than a year ago, allowing for some buyers to make deals that were not possible when inventory levels were low,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading
Mazda Releases Certification Results in Japanese Fraud Cases
Mazda Motor Corporation (MMC) in Hiroshima today said it investigated all of its 2403 tests (*1) for applications for Type Designation as requested by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT Notification No. 2018). “The investigation results confirmed irregularities in a total of five tests in two test categories, which was reported to the Ministry on 30 May. The irregularities identified this time encompass 150,878 units produced and 149,313 units sold. (*2),” Mazda said. Continue reading
Toyota Releases More Details on Vehicle Certification Fraud
“All the cases are related to certification. The certification system in Japan verifies whether a product meets the established standards mainly in the fields of safety and environment using measurement methods in accordance with rules. Vehicles can only be manufactured and sold after meeting certification test standards. The point of this issue is that the vehicles were mass-produced and sold without going through the correct certification,” Toyoda said. Continue reading
Posted in auto news, customer satisfaction, engineering, litigation, news analysis, safety
Tagged akio toyoda, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Customer First Promotion Group, Daihatsu, Hino, Ken Zino, MLIT, Shinji Miyamoto, Toyota Group, Toyota Industries
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Michigan Central Station Reopening June 6th
“Michigan Central means a great deal to us all. In many ways, this building tells the story of our city. This Station was our Ellis Island – a place where dreamers in search of new jobs and new opportunities first set foot in Detroit. But once the last train pulled out, it became a place where hope left. In 2018, I decided it was time to change that by re-imagining this station as a place of possibility again. Over the past six years, Ford Motor Company and teams of forward thinkers, designers, community leaders, and more than 3000 skilled tradespeople have worked to bring this landmark back to life,” said Ford Executive Chair Bill Ford. Continue reading
Posted in auto news, economy, electronics, engineering, environment, milestones, mobility company, shows and events, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Beaux-Arts buildings, Detroit’s Corktown neighborhood, Ford and Michigan Central, Ford Executive Chair Bill Ford, Joshua Sirefman, Ken Zino
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Supplier Relations Study – Toyota Ascending, Ford Slumping
The two big issues – cost and fairness – have been created and compounded by changing electric vehicle (EV) demand that sees automakers switching to hybrid configurations, or canceling EV programs and again ramping up conventional powertrain production. These are occurring while rising costs are squeezing automaker’s suppliers. Continue reading
Department of Labor Sues Hyundai U.S. Over Child Labor
“A 13-year-old working on an assembly line in the United States of America shocks the conscience,” said Wage and Hour Division Administrator Jessica Looman. “As we work to stop illegal child labor where we find it, we also continue to ensure that all employers are held accountable for violating the law.” Continue reading
Posted in auto news, litigation, manufacturing, news analysis, people
Tagged Administrator Jessica Looman, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, child labor in auto industry, fair labor standards act, Hyundai Motor Manufacturing Alabama, Jessica Looman, Ken Zino, U.S. Department of Labor Wage and Hour Division
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Stellantis Promise or Puff? – Clean, Safe, Affordable Mobility
No matter how nuanced a view you take, Jeep is central to the plan. The China Leapmotor Strategy is either daft – given the expanding global trade war with China or dictated by reality. Perhaps more significant in this moment, Stellantis re-affirmed its 2024 financial guidance and capital return plan, which promises double-digit Adjusted Operating Income (AOI) margin and positive industrial free cash flows. Stellantis will provide ≥€7.7 billion in dividends and buybacks during 2024. Continue reading →