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Category Archives: auto news
Michigan Wins Clean Hydrogen Hub Funding
Governor Gretchen Whitmer (D-MI) today announced that a Michigan-backed clean hydrogen hub project, the Midwest Alliance for Clean Hydrogen (MachH2) has been awarded up to $1 billion by an awakened US Department of Energy to develop regional supply chains for the production, distribution, and use of hydrogen in trucks and heavy-duty vehicles. The project is projected to create ~13,600 direct jobs, 12,100 in construction jobs and 1,500 permanent jobs. Michigan was recognized as the top state in the Midwest for clean energy jobs in the Clean Jobs America report from Environmental Entrepreneurs released in September 2023. Continue reading
Ford Thoughts on the UAW Strike at Kentucky Truck Plant
Ford Motor executives tonight presented their version of the latest developments in the 2023 UAW contract negotiations with a notable and commendable change in tone from the initial Ford response last night. Continue reading
Posted in AutoInformed Editorial, blog, economy, labor issues, manufacturing, news analysis
Tagged 2023 UAW Ford contract negotiations, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Kentucky Truck Plant, Lincoln Navigator, Shawn fain, Super Duty
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BMW i Ventures Invests in Formant Robotics Data Platform
“Autonomous robotic systems have broken free from R&D departments and are now being deployed at scale to drive business outcomes and resilient operations,” said Kasper Sage, Managing Partner at BMW i Ventures. “Their proliferation across mission-critical functions as well as support tasks for humans in various industries underscores the urgent need for seamless data management and orchestration across robotic endpoints. Formant is the operating system underpinning the future of the automated enterprise.” Continue reading
Stellantis, Samsung SDI Pick Kokomo for Second Gigafactory
Stellantis has announced plans of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030. To achieve these ambitious sales targets, the Stellantis said it is securing ~ 400 GWh of battery capacity, at what are planned to be non-union facilities. Stellantis, which was created by a mega-merger of Fiat Chrysler (FCA) Renault and Peugeot, thus far is taking a ‘let them eat cake’ position with the unions. This is a high risk strategy, because the unions are sticking to their knitting, so to speak. Sean Fain, the head of the UAW has roots in Kokomo Continue reading
Posted in electric vehicles, global warming, labor issues, manufacturing, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Big Three 2023 contract negotiations, Ken Zino, Kokomo, Mark Stewart, Sean fain, Stellantis, unifor
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New York Auto Repair Shop Owner Pleads Guilty to Tax Fraud
If convicted, Strocchia faces a maximum penalty of five years in prison. He also faces a period of supervised release, restitution and monetary penalties. A federal district court judge will determine any sentence after considering the US Sentencing Guidelines and other statutory factors. Continue reading
Posted in aftermarket, litigation
Tagged Aniello Strocchia, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Deputy Assistant Attorney General Stuart M. Goldberg, DOJ tax division, Ken Zino, US Attorney Breon Peace for the Eastern District of New York
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An Awakened GM Agrees to Unifor Pattern Agreement
Unifor working for its Canadian members and General Motors have reached a tentative agreement following today’s strike action at Oshawa Assembly Plant, St. Catharines Powertrain Plant and Woodstock Parts Distribution Center. GM management apparently came to its senses and abandoned a ‘let them eat cake approach’ ~12 hours after refusing to accept the Unifor pattern contract that was agreed to at Ford Motor. The new tentative agreement follows the Ford contract “to the letter” covering ~ 4300 autoworkers at Unifor locals 222, 199 and 636. Strike actions are on hold to allow the membership to vote on the tentative agreement, approval of which is likely because this agreementsignificantly lifts everybody up. Continue reading
Oh Canada! – GM Rejects Pattern Agreement – Unifor Strikes
“This strike is about General Motors stubbornly refusing to meet the pattern agreement. The company knows our members will never let GM break our pattern – not today – not ever,” said Unifor National President Lana Payne. “The company continues to fall short on our pension demands, income supports for retired workers, and meaningful steps to transition temporary workers into permanent, full-time jobs.” Continue reading
Posted in economy, labor issues, manufacturing, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, autoworkers 2023 contract talks, gm canada, Jason Gale, Ken Zino, Lana Payne, Oshawa Assembly, St. Catharines Powertrain, unifor, Woodstock Parts Distribution
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Annals of Marketing – Mercedes-Maybach, Space Perspective
Today Mercedes-Maybach said it is partnering with Space Perspective,* the world’s first and thus far only carbon-neutral spaceflight experience company. Mercedes-Maybach all-electric vehicles will exclusively transport so-called Space Perspective Explorers and guests to and from Space Perspective facilities, local activities and the launch site on Florida’s Space Coast. The ground bound Mercedes claimed as part of this partnership, Space Perspective and the Mercedes-Maybach design team are in talks on integrations of additional elements from the Maybach experience and brand. Continue reading
Nissan Recalls All 2023 Ariya EVs for Sudden Power Loss
Nissan North America is recalling all 2023 Ariya crossover electric vehicles. The inverter software may detect a short circuit and shut down the EV system, resulting in a loss of drive power. The latest programing glitch with EVs was made … Continue reading
Honda Shows Prototype Electric Autonomous Work Mower
“Our development of the prototype zero-turn Honda Autonomous Work Mower comes at a time when technology is shaping the future of the landscaping industry,” said Hirokazu Hara, vice president of New Business Development, American Honda Motor Company. Continue reading
UAW Now on Strike at Mack Trucks in Three States
Mack Trucks and the UAW reached a tentative agreement minutes before the initial deadline on 1 October. UAW leadership recommended that members approve the deal. On Sunday 8 October Mack Trucks’ UAW members rejected the contract. UAW leadership then issued a strike notice to the company, citing “many topics [that] remain at issue, including wage increases, cost of living allowances (COLA), job security, wage progression, skilled trades, shift premium, holiday schedules, work schedules, health and safety, seniority, pension, 401(k), healthcare and prescription drug coverage, and overtime.” Continue reading
September 2023 European Passenger Car Sales Drop
“All the top five Western European markets continued to experience double digit YTD growth over the weak performances seen in 2022. However, generally across the region, economies still face challenging conditions with high inflation and high financing costs. We continue to forecast solid growth for the full year, with 2023 set to be the best year since 2019,” said the European Light Vehicle Sales Forecasting Team. Continue reading
SEC Sues Musk for Blatant Refusal of Subpoena
The filing in US Court for the Northern District of California concerns an ongoing investigation by the SEC regarding, among other things, potential violations of various provisions of the federal securities laws in connection with Musk’s 2022 purchases of Twitter stock, and Musk’s 2022 statements and SEC filings relating to Twitter. According to the filing, the SEC seeks Musk’s testimony to obtain information not already in the SEC’s possession that is relevant to its legitimate and lawful investigation. Continue reading
New Car Prices Up 34% in last Four Years. UAW Pay 6%
The video also shows that Big Three price gouging, not UAW pay, has been responsible for rising car prices in recent years. Average new car prices went up 34% over the last four years while pay for UAW members rose just 6%. The cost of labor for the Big Three is ~4-5% of total operations. The video notes that Ford, General Motors and Stellantis could double UAW wages, not raise car prices and still make billions of dollars. Continue reading →