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Category Archives: people
SEC Gets Final Judgment Against Volkswagen on Dieselgate
The final judgment orders VWGOAF to pay $34.35 million in disgorgement and $14.4 million in prejudgment interest. Following the entry of the final judgment, the SEC dismissed its outstanding claims against VWGOAF’s ultimate parent company, Volkswagen AG, and Volkswagen AG’s former CEO, Martin Winterkorn. The Court had previously dismissed the SEC’s claims against VW Credit, Inc. on 20 August 2020. These actions have resolved the SEC’s case against Volkswagen in its entirety. Continue reading
Posted in environment, fools 'n frauds, fuel economy or emissions, litigation, marketing, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, sec, Securities Act of 1933, U.S. Securities and Exchange Commission, Volkswagen Group of America Finance, VWGOAF
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Mercedes-Benz Alabama Workers Ask NLRB for Union Vote
Energy appears to be on the side of the union. Alabama has been a so-called “right to work state (for less?) since 2016, meaning that union-membership is not required for employment. By late February, less than two months after Mercedes workers went public with their drive to join the UAW, a majority of them had signed union cards.
The Mercedes workers are part of the growing national movement of non-union autoworkers organizing to join the UAW in the wake of the historic Stand Up Strike victory at the Big Three auto companies last fall. More than 10,000 non-union autoworkers have signed union cards in recent months, with public campaigns launched at Mercedes, Volkswagen, Hyundai in Montgomery, Ala., and Toyota in Troy, Mo. Workers at least two dozen other facilities are also actively organizing. The main event in this fight will likely be at Tesla in AutoInformed’s view with Twitter owner Elon Musk, mustering all the anti-worker tweets he can. Continue reading
Posted in auto news, customer satisfaction, economy, labor issues, manufacturing, milestones, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, elon musk, Ken Zino, Mercedes-Benz Tuscaloosa Alabama, National Labor Relations Board, tesla, uaw
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UAW Files Anti-Labor Charges in Germany Against Mercedes
“MBUSI’s actions not only violate U.S., German and international law, they also violate Mercedes-Benz’s Principles of Social Responsibility and Human Rights. Those principles state: In the event of organization campaigns, the company and its executives shall remain neutral; the trade unions and the company will ensure that employees can make an independent decision” the UAW said.
“Mercedes-Benz’s aggressive anti-union campaign against U.S. autoworkers in Alabama is a clear human rights violation under the German Act on Corporate Due Diligence Obligations in Supply Chains. If found guilty, Mercedes-Benz faces billions in penalties, including significant fines and bans on government contracts,” the UAW said. Continue reading
Posted in auto news, customer satisfaction, labor issues, litigation, manufacturing, milestones, news analysis, people
Tagged Alabama football Coach Nick Saban, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, German law on Corporate Due Diligence Obligations in Supply Chains, Ken Zino, LkSG, Mercedes-Benz Principles of Social Responsibility and Human Rights, Mercedes-Benz U.S. International, UAW Files Anti-Labor Charges in Germany Against Mercedes-Benz
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Heavy-Duty Emissions Standards – Missed Opportunity?
“The final rule also leaves more work to be done, and state legislatures should spur use of electric and other zero-emission trucks by adopting the Advanced Clean Truck rule. By delaying the final standards for sleeper cabs until model year 2030 vehicles, EPA missed out on the additional climate and health benefits that would have started accruing much earlier from some of the highest-polluting vehicles on the roads. Continue reading
Posted in alternative fuels, auto news, economy, electric vehicles, energy, environment, fools 'n frauds, fuel economy or emissions, global warming, milestones, news analysis, public health, transportation
Tagged ACEEE, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, Daivie Ghosh, federal highway administration, Ken Zino, National Highway Freight Network, National Zero-Emission Freight Corridor Strategy, The American Council for an Energy-Efficient Economy, US Department of Energy, zero-emission medium and heavy-duty vehicles
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Honda Racing has a New UK Formula One Base
Honda is celebrating its 60th anniversary of its first F1 participation this year. The company is currently providing technical support and marketing cooperation as a team partner to Oracle Red Bull Racing, which is enmeshed in an ongoing alleged inappropriate sexual behavior scandal. Honda also supplies the VISA Cash App RB Formula One Team. As part of this technical support, HRC manufactures and supplies PUs along with support for PU operation throughout the season to Red Bull Powertrains (RBPT)*. This partnership will continue until the next year’s 2025 season.
*RBPT is a Red Bull group company responsible for F1 PU building. They are in charge of production and operation of ESS (Energy Storage System) for current F1 PU. Continue reading
Bentley CEO Adrian Hallmark Abruptly Leaves
Adrian Hallmark, chairman and CEO of Bentley Motors Ltd.* since February 2018, is leaving the company at his own request and by mutual consent. “He is preparing for new tasks outside the Volkswagen Group with immediate effect. His successor in … Continue reading
Toyota to Build New Tokyo Corporate Headquarters
Toyota Motor Corporation said today it will sign a new agreement with Keikyu Corporation stemming from the agreement signed in 2020 to serve as a joint operator in the development of the Shinagawa Station West Exit area of Tokyo. The deal involves land, well as the joint construction and operation of a planned building to promote urban development.
Toyota will open a new Tokyo Head Office in FY2030 in the building. The area is expected to see improvements in urban functions with the opening of the MAGLEV line and other projects going forward. Continue reading
Posted in auto news, customer satisfaction, design and styling, mobility company, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Autonomous/Automated, CASE, connected, Electric, Keikyu corporation, Ken Zino, New Toyota Motor Tokyo Head Office, Shared, Shinagawa Station, Urban Development
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EV Grumblings – Tire Replacement Rates?
J.D. Power said today that early data from its unpublished 2024 U.S. Original Equipment Tire Customer Satisfaction Study shows that EV tires may fall short of meeting this expectation, with a higher replacement rate in years One and Two of ownership than with internal combustion vehicle tires. (see AutoInformed: J.D. Power – Vehicle Dependability Down Again)
In what could be a stretch of a still to be verified conclusion based on a much needed larger sample size that doesn’t yet exist, Power claimed that “more than a quarter of new vehicle shoppers who are considering an EV cite reliability as a factor in this decision.” Well, duh, they might also prioritize other things such as saving the planet, eschewing fossil fuels, and charging at home. How this sorts out in a changing marketplace remains to be seen. Power did say that the gap in replacement rates appears to be closing. Continue reading
Posted in auto news, awards, blog, customer satisfaction, electric vehicles, global warming, marketing, news, news analysis, people, public health, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BFGoodrich, Bridgestone, Continental, Cooper, Dunlop, EV Grumblings, Falken, Firestone, General, Giti, goodyear, hankook, j.d power, J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study, Ken Zino, Kumho, michelin, Nexen, Nitto, Pirelli, Toyo, Vogue, Yokohama
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A Delahaye 135MS Narval Cabriolet Wins Concours at Amelia
A 1947 Delahaye 135MS Narval Cariolet won Best in Show, Concours d’Elegance at the 29th annual Amelia Concours d’Elegance. The Sunday Concours concluded a week-long celebration of the automobile which included auction, seminars, film viewings and several automotive events, according to our friends at Haggerty. Continue reading
IIHS Tightens Top Safety Pick Awards Criteria
The Insurance Institute for Highway Safety (IIHS) said today that it is making it harder to earn its Top Safety Pick and Top Safety Pick+ awards in 2024. In a never ending battle in the quest for improved safety going back at least to the landmark 1966 National Traffic and Motor Vehicle Safety Act, IIHS – not without self-interest since it is insurance company funded – wants manufacturers to offer better protection for back seat passengers and to improve their pedestrian crash avoidance systems. The latest changes will improve the prospects for people in vehicles operating in the US. If there is a regulatory debate here, it’s minor and irrelevant in AutoInformed’s view. The preservation and protection of human beings is part of an enlightened society with sound public, corporate and individual policies. The results are indisputable. Despite the more stringent requirements, 71 models qualify for 2024 awards. Of those, 22 earn Top Safety Pick+, and 49 earn Top Safety Pick from IIHS. Continue reading
Posted in auto news, awards, blog, news analysis, people, public health, safety, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David Harkey, Ken Zino, Ken Zino of AutoInformed.com, National Traffic and Motor Vehicle Safety Act, overlap front test, pedestrian front crash prevention systems, side crash tests, The Insurance Institute for Highway Safety Top Safety Pick and Top Safety Pick+ awards
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Annals of Marketing – Lexus and the LA Clippers
The LA Clippers said this week that Lexus will be named “the official luxury vehicle of the LA Clippers and Intuit Dome,” with a Lexus Courtside Lounge at the new arena. Lexus joins naming rights partner Intuit and AT&T, Pechanga, and Ticketmaster as Intuit Dome Founding Partners. Ex-Microsoft pooh-bah Steve Balmer now owns and runs the Clippers. The monetarily peripatetic team was formerly of Buffalo and San Diego.
The Clippers history with arenas is troubled. They fled the Los Angeles Memorial Sports Arena in 1999 for Staples Center (nowadays Crypto.com Arena; that’s com not con), which they shared as an unloved stepchild with the Los Angeles Lakers and the National Hockey League’s LA Kings. The rental deal with the Lakers required the removing and then re-installation of Laker memorabilia and sponsorship logos and other stuff before and after their games. Hardly five easy pieces – so to Jack Nicholson speak – with our fond memories of his courtside Lakers seats where he held court at the Forum and Staples Center. Continue reading
Ford Trends – Climate Change and Post Covid Consumer Views
Jen Brace, Trends and Futuring Manager at Ford Motor (NYSE: F) yesterday noted several trends in global research that show post-pandemic shifts in consumer sentiment and how people are reacting to technology by rewriting the rules of living, working, buying, and traveling. The self-professed “data nerd” shared the latest Ford consumer research with the Society of Automotive Analysts via Zoom. Continue reading
Posted in auto news, customer satisfaction, electric vehicles, environment, global warming, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ford Trends Report, Jen Brace, Ken Zino, Social Technological Economic Environmental Political consumer research, Society of Automotive Analysts
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UAW Practice Picketing at Daimler Truck in the US South
Daimler Truck workers from six different local unions in North Carolina, Georgia, and Tennessee continue to conduct so-called “practice pickets” to demonstrate that they are strike-ready when their contract expires on 26 April. Practice pickets are not work stoppages or walkouts am no entrances will be obstructed. Workers will report to their shifts as usual. Continue reading →