Category Archives: auto news

The US’s first public EV-charging Roadway Unveiled in Detroit

This project for a zero-emission mobility future where EVs are plentiful is endorsed by Michigan Governor Gretchen Whitmer, who announced the pilot initiative in September 2021 to develop the nation’s first wireless charging infrastructure on a public road in Michigan. MDOT and Electreon have entered a five-year commitment to develop the electric road system (ERS), using the technology on Michigan roads. Continue reading

Posted in connected vehicles, electric vehicles, environment, global warming, news analysis, people, public health | Tagged , , , , , , , , , , , , | Leave a comment

Briggs and Stratton Settles With CARB For Off-Road Emissions

The California Air Resources Board has reached a settlement agreement with Briggs and Stratton of Milwaukee, WI., a significant producer of engines for outdoor power equipment, for $117,314. This was for the company’s violations of the Small Off-Road Engine (SORE) Regulation. The regulation limits emissions of oxides of nitrogen and hydrocarbons from spark-ignited, small off-road engines, including those found in landscape equipment, small power tools, and portable generators. Continue reading

Posted in environment, fuel economy or emissions, litigation, news analysis, public health | Tagged , , , , , , , , , , , | Leave a comment

Follow The Leader – Ford Reinstates Earnings Guidance

Ford (NYSE: F) has a new, post-UAW-strike outlook for full-year 2023 operating results it said this morning after GM provided an unexpectedly strong one yesterday. Ford withdrew 2023 financial guidance in late October during the UAW strike of some notably profitable US operations. Ironically, the new forecast by Ford CFO John Lawler was given at the Barclays Global Automotive and Mobility Tech Conference, following a presentation by Paul Jacobson, GM EVP and Chief Financial Officer. Yesterday GM increased its 2024 dividend while minimizing the effect of the UAW strike tallied at $1.1 billion. GM said full-year net income was forecast between $9.1 billion and $9.7 billion, down from $9.3 billion and $10.7 billion.

Ford now projects full-year adjusted EBIT of $10.0 billion to $10.5 billion, and adjusted free cash flow of between $5.0 billion and $5.5 billion. Both are non-GAAP financial measures Although affected U.S. operations have been restarted, guidance reflects effects of strike-related manufacturing disruptions on wholesales and revenue. Ford was silent on the dividend. Continue reading

Posted in news analysis | Tagged , , , , , , , , , , | Leave a comment

GM CFO – More Spending Efficiencies on Way for ICE and EVs

Paul Jacobson, GM EVP and Chief Financial Officer said this morning in New York that the aim is to  continue to drive GM’s strong cash flow performance while increasing the margins and the returns to investors while cutting capital spending. (NYSE: GM) Speaking at the Barclays Global Automotive and Mobility Tech Conference, Jacobson said, “we remain absolutely committed to driving to the 8% to 10% margin consistently that we’ve said in North America through this transition (to electric vehicles).” Continue reading

Posted in auto news, customer satisfaction, economy, electric vehicles, environment, financial results, global warming, manufacturing, marketing, mobility company, news analysis, public health, shows and events | Tagged , , , , , , , | Leave a comment

EV Pickups Least Reliable Says Consumer Reports at APA

New Electric vehicles (EVs) have on average 79% more problems than (ICE) vehicles with internal combustion engines(ICE). Plug-in hybrid electric vehicles (PHEV) are even worse with an average of 146% more problems, according to  the Annual Auto Reliability survey* from Consumer Reports Continue reading

Posted in awards, connected vehicles, customer satisfaction, electronics, engineering, manufacturing, news analysis, quality | Tagged , , , , , , , , | Leave a comment

GM Takes UAW Contract Costs in Stride. Ups 2024 Dividend

“We are finalizing a 2024 budget that will fully offset the incremental costs of our new labor agreements and the long-term plan we are executing includes reducing the capital intensity of the business, developing products even more efficiently, and further reducing our fixed and variable costs,” said Mary Barra, GM Chair and CEO. Continue reading

Posted in auto news, connected vehicles, economy, electric vehicles, environment, financial results, global warming, labor issues, manufacturing, mobility company, news, news analysis, prices, shows and events | Tagged , , , , , , , , , | Leave a comment

WTRAndretti Names Final Drivers for 2024 IMSA Season

Wayne Taylor Racing with Andretti (WTRAndretti*) announced today that Graham Doyle and Ashton Harrison will join Kyle Marcelli and Danny Formal in their No. 45 WTRAndretti Lamborghini Huracán GT3 EVO2 for the Rolex 24 At Daytona. Continue reading

Posted in auto news, blog, people, racing, shows and events | Tagged , , , , , , , , , , , , | Leave a comment

Connected Technicians at Nissan Speed Repairs

“TECH LINE did a great job of walking me through the process. They made sure we went through it together and everything went smoothly,” said Skyler Petrille, Nissan master technician at Mossy Nissan El Cajon just outside San Diego. “It’s super cool when Nissan invests in tools to help make our work easier, better and more efficient.” Continue reading

Posted in auto news, blog, customer satisfaction, labor issues, milestones, mobility company, people | Tagged , , , , , , , | Leave a comment

Honda Seat Belt Recalls on 2023-24 Accord and HR-V models

These Accord cars and HR-V SUVs fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 208, “Occupant Crash Protection,” 209, “Seat Belt Assembles,” and 210, “Seat Belt Assembly Anchorages.” More than 300,000 vehicles are involved because of a defective part made by Joyson Safety Systems in Mexico. Continue reading

Posted in labor issues, manufacturing, recalls, safety | Tagged , , , , , , , , , | Leave a comment

The 2024 Acura TLX Sedan Arrives at Dealerships Today

A refreshed 2024 Acura TLX sedan begins arriving at Acura dealerships today with a Manufacturer’s Suggested Retail Price (MSRP) starting at $45,000 [1].* The simplified lineup includes the TLX with Technology Package, an optional A-Spec sport appearance package and the high-performance TLX Type S. Continue reading

Posted in connected vehicles, marketing, prices | Tagged , , , , , | Leave a comment

McLaren Returns to Le Mans in 2024 FIA WEC

McLaren Automotive said today it has been confirmed as a manufacturer represented in the 2024 FIA World Endurance Championship (WEC) with nominated racing partner United Autosports . It will contest the championship in the LMGT3 class with two 720S GT3 EVO cars. This means the McLaren name will return to Le Mans 29 years after winning the race on its debut appearance in 1995, completing the ‘Triple Crown’ of victories at Le Mans, the Indianapolis 500 and Monaco Grand Prix. To celebrate McLaren’s return to endurance racing, the entries will pay tribute to the debut with race numbers #59 -the race number of the winning F1 GTR – and #95, the year of the landmark win. Continue reading

Posted in marketing, milestones, people, racing, shows and events | Tagged , , , , , , , , | Leave a comment

Sold Out Enzo Ferrari Saga Reissued

Based on the vigorous life of Enzo Ferrari, author – and Ferrari insider – Dal Monte uncovers an abundance of new facts about Ferrari’s origins, ambition, business practices, and private life. The book revisits all the highlights of Ferrari’s rise to greatness: his driving career in the 1920s, his management of racing teams for Alfa Romeo in the 1930s, the launch of his own company and team in the late 1940s, and his unprecedented successes building cars for the road and racetrack in the following decades. Continue reading

Posted in people, racing, shows and events | Tagged , , , , , , , , , , , , | Leave a comment

Stellantis Opens its First Circular Economy Hub in Turin

Stellantis has opened its SUSTAINera Circular Economy Hub (CE Hub) at the former Fiat Mirafiori Complex in Turin, Italy. Stellantis hopes to foster its so-called Circular Economy ambitions with a 360-degree approach based on its 4R strategy: Reman, Repair, Reuse, and Recycle. The objectives of the CE Hub are to extend the life of parts and vehicles, ensuring that they last for as long as possible. When that is no longer possible, the material is collected for recycling from the re-manufacturing operations, and from the end-of-life vehicle dismantling activity, and then returned to the manufacturing loop to build new vehicles and parts. Continue reading

Posted in engineering, environment, global warming, manufacturing, milestones, mobility company, news analysis, public health | Tagged , , , , , , , , , | Leave a comment

Queen Elizabeth II’s Mulsanne Added to Bentley Collection

Bentley Motors today said that the most recent addition to its Heritage Collection is a custom 2020 Mulsanne Extended Wheelbase, the final example of the Mulsanne handcrafted at Bentley’s Dream Factory in Crewe. It previously resided with the Royal household. It was commissioned by the late Queen, in Barnato paint with a Twine and Cumbrian Green interior. Continue reading

Posted in auto news, design and styling, people, shows and events | Tagged , , , , , , , | Leave a comment

New Electric Vehicles for Nissan UK Sunderland Plant

“Exciting, electric vehicles are at the heart of our plans to achieve carbon neutrality. With electric versions of our core European models on the way, we are accelerating towards a new era for Nissan, for industry and for our customers,” said Nissan President and CEO Makoto Uchida. Continue reading

Posted in electric vehicles, manufacturing, mobility company, new vehicle, news analysis, shows and events | Tagged , , , , , , , , , , , , | Leave a comment