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Category Archives: auto news
Unifor and Stellantis Have Tentative Contract in Canada
“I am proud of our members at every Stellantis facility for their quick and decisive action during this brief and effective strike action,” said Unifor National President Lana Payne. “This agreement will considerably improve the living standards of every Unifor member at Stellantis.” Continue reading
Stellantis Invests in Chinese Leapmotor to Expand EV Sales
“As consolidation unfolds among the capable electric vehicles start-ups in China, it becomes increasingly apparent that a handful of efficient and agile new generation EV players, like Leapmotor, will come to dominate the mainstream segments in China,” said Stellantis CEO Carlos Tavares. Continue reading
Posted in electric vehicles, manufacturing, milestones, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Dare Forward, Ken Zino, Leapmotor, Zhejiang Leapmotor Technologies Ltd, Zhu Jiangming
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Ford Motor 2023 Q3 Net income $1.2 Billion
“I’m very optimistic about the reality we’re creating with Ford+,” said President and CEO Jim Farley. “We’re building a more dynamic, highly talented and customer-focused company at the intersection of great vehicles, iconic brands, innovative software and high-value services.
“We’re also radically changing how we work with a series of actions that put the right people with the right capabilities in the right places across the organization, so that our promise isn’t masked by cost and quality issues,” Farley claimed. Continue reading
Consumer Spending Spree – October US Auto Sales
Total US new-vehicle sales during October 2023 are forecast to reach 1,201,800, a 6.6% increase from October 2022, according to numbers just released by J.D. Power and GlobalData.* The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.5 million units, up 0.9 million units from October 2022. Retail buyers are on pace to spend $43.7 billion on new vehicles, up $0.3 billion from October 2022. Continue reading
Ford Reaches UAW Contract Agreement If Members Vote Yes
“We are pleased to have reached a tentative agreement on a new labor contract with the UAW covering our U.S. operations,” said Ford CEO and President Jim Farley at 8:43 pm tonight in a Dearborn issued statement.
The agreement, of course is subject is dependent on ratification by Ford’s UAW-represented employees. Continue reading
Posted in economy, labor issues, manufacturing, milestones, mobility company, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, big three 2023 uaw contract negotiations, Jim Farley, Ken Zino, Shawn fain, stand up strike, uaw, UAW Vice President Chuck Browning, Walter Reuther
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Stellantis and Orano Explore EV Battery Recycling Deal
Key to the deal appears to be Orano’s low-carbon technology, which differs from existing processes, allowing the recovery of all materials from lithium-ion batteries, and the manufacturing of new cathode materials. The joint venture will produce materials also known as “black mass” or “active mass.” This can be refined in Orano’s hydro-metallurgical plant to be built in Dunkirk, France, so that the materials could be re-used in batteries. Continue reading
Posted in electric vehicles, environment, manufacturing, mobility company, transportation
Tagged Alison Jones, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Guillaume Dureau, Ken Zino, lithium ion batteries, NYSE: STLA, Orano group, reclaimed cobalt and nickel and lithium
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Toyota Shows Mid-Size EV Pickup Truck
“Next-generation mid-size pickup truck concept, with a monocoque body delivering high durability to create a practical yet stylish BEV. The rear of the cabin links boldly with the deck to accommodate diverse user preferences, supporting a wide range of mobility lifestyles, including outdoor activities. BEV quietness is accompanied by packaging with a low center of gravity for superior handling stability and ride comfort,” said Toyota. Continue reading
VW, UTK Sign New Research Agreement
Volkswagen Group of America, Inc. (VWGoA) and the University of Tennessee, Knoxville (UTK) signed a new Master Research Agreement to extend their research partnership through 2028. Extending the agreement allows research to continue at the Volkswagen Innovation Hub in Knoxville. During the past five years, the collaboration has produced 27 active research projects, 15 publications, and multiple pending patents. Continue reading
Toyota Hydrogen Road Service Vehicle at Motegi
“When we were first approached, the project only entailed the hydrogen module. However, from the perspective of JAF’s operations, we informed Toyota that running out of fuel was a relatively rare problem, while the most common issues are tire-related, “said General Manager Koso Takeda, JAF Road Service Division. “From there, the conversation turned to creating an all-in-one vehicle with the equipment to carry out JAF tasks. Before the day was out, people from Toyota visited our offices to measure sizes, and proceeded to build it.” Continue reading
Posted in alternative fuels, concept, environment, fuel economy or emissions, global warming, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Hirofumi Ota, hydrogen road service vehicle, JAF Road Service Division, Ken Zino, Koso Takeda, Super Taikyu
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Unifor Stellantis Agreement Good for All Workers in Transition
“After a short strike throughout the night Unifor has reached now a tentative agreement with Stellantis. The deal came about around 7:00 AM this morning, after bargaining throughout the night. And yes, as you can tell all of those here are tired, but also very, very proud of the work that we’ve done for Canadian auto workers. ” said Unifor National President Lana Payne said late this afternoon at a hotel in Toronto. Continue reading →