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- Penske Automotive Group Take Private Proposal Advisors Set
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- Ram 2019-26 Model-Year Seat-Belt Recall on ~1.3M!
- California Starts MyFirstEV Instant Rebate Program
- Brawley GTS ROVS Recalled for Sudden Acceleration
- Premium Vehicle Buyers Defecting to Mainstream Brands!
- Federal Offense! Higher Prices, Transportation Costs, and Other Economic Blows From King Trump Tariffs
- Subaru to Enter the ‘Captive Finance Business’ by 2030
- Goodyear Posts Q2 2026 Net Loss of $204 Million
- UAW Clout in Michigan Apparent in Primary Wins
- SMMT – Battery Electric Cars Sales Set Record in England!
- General Motors and Chinese SAIC Motor Lengthen JV to 2047!
- Center for Automotive Research on “China Speed”
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- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
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Category Archives: people
Federal Offense! Higher Prices, Transportation Costs, and Other Economic Blows From King Trump Tariffs
“We’ve heard over and over again from Michiganders that DC Republicans’ irresponsible tariffs are hurting their pocketbooks, and these newest reports back that up,” said Governor Whitmer. “Michiganders are facing higher prices at the grocery store and the gas pump, and businesses are having to choose between laying off employees or passing costs onto customers. That’s why Michigan is among two dozen states suing over this latest round of tariffs. I’ll keep fighting for a commonsense trade policy that lowers costs, supports businesses at home, and promotes stability for working families. Let’s get it done.” Continue reading
Posted in auto news, AutoInformed Editorial, customer satisfaction, economy, financial results, fools 'n frauds, news, news analysis, opinions, prices, shows and events, Trump Truth Tests
Tagged auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, Michigan Department of Agriculture and Rural Development, Michigan Department of Labor and Economic Opportunity, Michigan Department of Transportation, Michigan Governor Gretchen Whitmer, Trump-conomics, Trumpoline Prices, X @KenAutoinformed
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UAW Clout in Michigan Apparent in Primary Wins
The UAW said today that after months of organizing on shop floors and in communities across Michigan, UAW members helped deliver “a rebuke to billionaire-funded politics on Tuesday, powering victories for working-class champions across the state.” UAW-endorsed Abdul El-Sayed defeated what it “termed an obscene flood of outside spending” to win the Democratic nomination for U.S. Senate. His a grassroots campaign was promoted in large part by UAW members. UAW-endorsed Jocelyn Benson won the Democratic nomination for governor, while Donovan McKinney won Michigan’s 13th Congressional District after earning the union’s support. Continue reading
Posted in AutoInformed Editorial, economy, environment, labor issues, manufacturing, news, news analysis, opinions, people, public health, results, shows and events, transportation, Trump Truth Tests
Tagged auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Donovan McKinney, Jocelyn Benson, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, LaShawn English, Mark DePaoli, Steve Dawes, UAW Michigan CAP Council forums, UAW President Shawn Fain, UAW-endorsed Abdul El-Sayed, X @KenAutoinformed
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Take Private Offer Made to Penske Automotive Group!
Late yesterday, the Penske Automotive Group (NYSE: PAG)* announced that it had received an unsolicited, preliminary and non-binding proposal from Penske Corporation (PC) and Mitsui & Co. (Mitsui) to acquire the remaining shares of the Company’s common stock that they and their affiliates do not currently own “for cash consideration of $210 per share.”
“The Board has established a special committee comprised of disinterested and independent directors to review and consider the Proposal. The special committee is authorized to retain advisors, including independent legal and financial advisors, to assist it in its work. There can be no assurance as to whether an agreement relating to any proposed transaction will be reached or as to the terms thereof if an agreement is reached,” PAG said. Continue reading
Posted in auto news, financial results, milestones, mobility company, news analysis, people, transportation
Tagged auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, Mitsui & Co, PAG takeover bid, Penske Corporation, roger penske, Securities and Exchange Commission, X @KenAutoinformed, Yahoo finance
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Gasoline National Average Moves Higher Near $4 Gallon!
“Instability along the Strait of Hormuz is contributing to the increase at the pump and pushing crude oil prices toward $80 per barrel. Most states are still averaging less than $4 per gallon. Earlier this year, the national average remained in the $4 range all of April and May and most of June. Last time the national average was $4 or above was on June 17 when it was $4.02,” AAA said. Continue reading
Posted in auto news, customer satisfaction, economy, fools 'n frauds, news, opinions, transportation, Trump Truth Tests
Tagged aaa, AAA gas prices, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, eia, Energy Information Administration, gasoline prices, Ken Zino, Ken Zino commenting as AutoCrat, National Average Gas Prices 16 July 2026, Trump War Crimes, Trump-conomics, Trumpoline err Gasoline Prices, X @KenAutoinformed
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Bridgewater Interiors Workers Ratify New UAW Contract
UAW members who build seats for Ford F-150 pickup trucks and Dodge RAM Trucks have ratified a new contract by ~80%, the UAW said today.
“UAW Local 400 members at Bridgewater Interiors are another example of workers in the IPS sector [Independent Parts Suppliers – AutoCrat.]*who are ready to stand up and win their fair share,” said UAW President Shawn Fain. “They don’t treat IPS CEOs like second-class citizens. So why do they treat IPS workers that way? Whether you build axles or seats, the days of allowing IPS workers to be treated like second class citizens is ending.” Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, opinions, people, shows and events
Tagged Aerospace and Agricultural Implement Workers of America, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Dodge RAM Trucks, Ford F-150 pickup trucks, Ken Zino, Ken Zino commenting as AutoCrat, LaShawn English, Mark Hemphill, uaw, UAW Local 400, UAW President Shawn Fain, United Automobile, X @KenAutoinformed
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IMSA Watkins Glen: Cadillac, Corvette, Porsche Run Solid
The four IMSA WeatherTech SportsCar Championship classes ran at Watkins Glen International for the third IMSA Michelin Endurance Cup race of the season last weekend.* The 3.4-mile, 11-turn road course was used for IMSA and the Sahlen Six Hours of The Glen. Cadillac Racing dominated at Watkins Glen International with Jack Aitken, Earl Bamber and Frederik Vesti winning from the pole in the No. 31 Whelen Cadillac V-Series.R in the Sahlen’s Six Hours of The Glen. Bamber, Aitken and Vesti led 143 of 182 laps to score their second season victory and their record-extending eighth podium finish. The streak is the longest in IMSA GTP history since 2023. They also won last month in Detroit. Continue reading
Posted in auto news, marketing, people, performance, racing, results, shows and events
Tagged Acura Meyer Shank Racing w/Curb Agajanian, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Cadillac Racing, Chevrolet Corvette Z06 GT3.R, Earl Bamber, GTD PRO, IMSA WeatherTech SportsCar Championship, Ken Zino, Ken Zino commenting as AutoCrat, Watkins Glen International, X @KenAutoinformed
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Milestones – 15 Million Honda Accords Sold in U.S.
The 15 millionth Accord, a 2026 Accord Sport-L Hybrid, was purchased from Norm Reeves Honda in Cerritos, Calif. by Andrea, a 26-year-old insurance agent from Southern California. Her new Accord replaces a 2017 Accord Sport that was passed down by her father, whose first vehicle purchase in 1997 was also a Honda Accord. Andrea’s younger sister, Alondra, also purchased a new Honda Accord from the same dealership that day. The 24-year-old chose a 2026 Accord Sport-L Hybrid and is now the owner of the 15,000,001st Honda Accord sold in America. Continue reading
Posted in auto news, manufacturing, marketing, milestones, mobility company, opinions, people, shows and events
Tagged 2026 Accord Sport-L Hybrid, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Jessika Laudermilk, Ken Zino, Ken Zino commenting as AutoCrat, Norm Reeves Honda, X @KenAutoinformed
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UAW to “Practice Pickett” Tomorrow at Woodward MPC
More than 800 members of UAW Local 5101, representing workers at Woodward MPC, have voted by 71% to authorize a strike after months of company stall tactics and unfair labor practices during contract negotiations the UAW claims. Woodward workers voted … Continue reading
Posted in labor issues, manufacturing, news, opinions, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, boeing, Chip Blankenship, Jose Tapia, Ken Zino, Ken Zino commenting as AutoCrat, Shawn fain, UAW Local 5101, unfair labor practices, Woodward MPC, X @KenAutoinformed
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Trumped! – 2026 Vehicles Sales Forecasts All Down
“The top theme over the last year or so has really been affordability, and this isn’t only related to the auto industry but really about everything facing consumers. And the issue is ALL about purchasing power or more clearly – the erosion of purchasing power for many Americans over the last several years. We’ve all seen new highs in the stock market that have happened many times this year, and those equity gains and asset appreciation really help high income households. Those consumers are driving a lot of consumption across the economy, but the wealth effect gains are concentrated at the very top of the pyramid. The vast majority of the US population sees little gain from the wealth effect and their number one source of income are the paychecks they take home every week. That’s why inflation matters,” said Jeremy Robb, Chief Economist Cox Automotive. Continue reading
Posted in auto news, customer satisfaction, economy, manufacturing, marketing, news analysis, opinions, people, sales, transportation, Trump Truth Tests
Tagged auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Charlie Chesbrough, Cox Automotive, ford motor, Jeep Grand Wagoneer, Jeremy Robb, Ken Zino commenting as AutoCrat, Ken Zino of AutoInformed, Ram Truck, tesla, Toyota 4Runner and hybrid Camrys, Trump-conomics, Trumped!, X @KenAutoinformed
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UAW Local 2093 Members Ratify New American Axle Contract
“Not only did they take care of the legacy people that were here and made the tough decisions back in 2008 to keep the place open, they took care of the people working there today,” said UAW Region 1D Director Steve Dawes. “They also took care of all the future generations that will come to work here in Three Rivers, Michigan, at American Axle.”
Over the ten-day strike, UAW Local 2093 members attracted the interest and support of local community and political allies from across the state, including Governor Gretchen Whitmer, Lieutenant Governor Garlin Gilchrist, Secretary of State Jocelyn Benson, State Senator Sean McCann, Three Rivers Mayor Angel Johnston, U.S. Senate candidate Abdul El-Sayed, candidate for Michigan Attorney General Eli Savit, among others. Continue reading
Posted in auto news, customer satisfaction, labor issues, litigation, manufacturing, news analysis, people, shows and events
Tagged Abdul El-Sayed, auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Governor Gretchen Whitmer, Ken Zino commenting as AutoCrat, Ken Zino of AutoInformed, Lieutenant Governor Garlin Gilchrist, State Senator Sean McCann, UAW Local 2093, UAW President Shawn Fain, X @KenAutoinformed
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Premium Vehicle Buyers Defecting to Mainstream Brands!
“The result is a measurable migration. Premium owners are not necessarily leaving the new-vehicle market when trading in. Instead, many are simply choosing a different class of vehicle. Affordability is shaping what they buy rather than whether they buy. Younger, value-conscious, and some rural and suburban buyers are shifting away from premium vehicles toward well-equipped mainstream models, a trend driven by the appeal of strong features at non-premium prices,” said the estimable J.D. Power this week in its latest Automotive OEM Intelligence Report. Continue reading →