Category Archives: people

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

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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

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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

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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J.D. Power said today that early data from its unpublished 2024 U.S. Original Equipment Tire Customer Satisfaction Study shows that EV tires may fall short of meeting this expectation, with a higher replacement rate in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

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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

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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

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Hispano Suiza Teases Carmen Sagrera EV

Hispano Suiza *has unveiled the first images of its new hypercar, the Carmen Sagrera, in a 12-second teaser video. It will be the third model in the company’s range of all-electric hypercars and is due to be unveiled in mid-2024, to mark the brand’s 120th anniversary.

With a new 103 kW battery capacity, the overall driving range will increase. Whether this matters to buyers in the exotic electrified hypercar segment remains debatable. Nonetheless, it is being touted as “the ideal testimony to the 120-year history of the company founded by Damián Mateu and Mark Birkigt in Barcelona in 1904. Continue reading

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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

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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

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Annals of Marketing – Dag Ødegaard’s F-150 Lightning

“This is a dream vehicle for us especially as we love the USA and Texas so much,” Ødegaard said. “Finally we don’t have to drive two cars to transport two teenage children, my wife and all our luggage to our cabin in Trysil. In particular, the fact that it has five seats means that we can finally afford (sic) to buy ourselves a proper family pickup, which is also fully electric and packed with new technology. It is absolutely outstanding both in terms of comfort, space and driving.” Continue reading

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Toyota Cleans Daihatsu House Over False Tests

“President-to-be Inoue has for many years been working on structural reform of Toyota’s Latin American business, including a renewed regional management system involving Brazil and Argentina. Despite the many difficult decisions he has had to make, he is a leader who has moved reforms forward by implementing thorough dialogue with front-line members. Utilizing this experience, he will lead the revitalization of Daihatsu as the person responsible for ‘on-site management,’ Executive Vice President-to-be Kuwata will promote corporate cultural and organizational reform initiatives by leveraging his experience in human resources and on-site management,” Toyota said. Continue reading

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GM Creates New VP of Batteries Position

General Motors (NYSE: GM) said today that it has hired Kurt Kelty, a battery expert and former Tesla executive, to be vice president of Batteries, reporting to GM President Mark Reuss. Kelty in a new position at GM will be charged with GM’s battery cell strategy and what it is calling an “end-to-end approach.” This will include the use of raw materials, research, developing and investing in new technology, commercialization of cells and packs, and end of life opportunities.

“The foundation that GM has established coupled with Kurt’s exceptional battery expertise in leading battery chemistry development, establishing partnerships, building out supply chains and partnering closely with teams that have developed leading battery systems will help us achieve our electrification goals and position GM as a leader in EV technology,” said Reuss. Continue reading

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Air Travel Consumer Report Shows Improvements in 2023

The US Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR)* on airline operational data compiled for the month of November 2023 for on-time performance, mishandled baggage, and mishandled wheelchairs and scooters. During 2023, DOT issued the largest fines on airlines in the history of the Office of Aviation Consumer Protection while helping return more than $3 billion in refunds to travelers since the start of the pandemic. Continue reading

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US Transportation Sector January Unemployment Flat

Unemployment in the transportation sector was higher than overall unemployment. BLS reports that the US unemployment rate, not seasonally adjusted, in January 2024 was 4.1% or 0.6 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in January 2024 was 3.7%, as the Federal reserve continues its indefensible ideological, anti-data tight money policy (the highest interest rates in two decades!) with little or lately no inflation in AutoInformed’s view. Continue reading

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Group Troubles Move Forward Akio Toyoda’s Vision Speech

Toyota Motor Corporation Chairman of the Board of Directors Akio Toyoda (aka Morizo) today spoke to an audience of chairmen, presidents, and front-line leaders from 17 Toyota Group companies [1] at the Toyota Commemorative Museum of Industry and Technology [2] on the company’s founding principles and outlining his vision for the Group’s future direction – called “Inventing our path forward, together.”

While originally planned for 14 February 2024, the birthday of company founder Sakichi Toyoda, the speech was brought forward in light of recent “irregularities” at Group companies. Continue reading

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