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Category Archives: people
Death of the Diesel – European Commission’s Ongoing Antitrust Probe Opens Formal Investigation into Possible Collusion Between Audi, BMW, Daimler, Porsche And VW
The EU maintains that Volkswagen, Audi, Porsche colluded, in breach of EU antitrust rules, to avoid competition on the development and roll-out of technology to clean the emissions of gasoline and diesel passenger cars. Continue reading
If Trump Closes the Mexican Border, the Entire U.S. Auto Industry Shuts Down in Days
There are few vehicles assembled in the United States that do not rely on Mexico for at least some parts content. Vehicle assembly is the quintessential “complete set” — an assembly plant cannot build a partial vehicle. Even if a few relatively minor parts are missing, automakers do not make a practice of storing the vehicles and then repairing them when the parts are ready. This repair work alone creates the potential for quality issues. Since it is impossible to do a partial build, the assembly plant and many of its associated supplier plants will be idle until the automaker can obtain sufficient stock to relaunch production. Continue reading
Porsche E-sports – First Global Virtual Racing Series?
Forty “sim racers,” who have successfully made their way through a global qualifying process, will compete in series of ten online races – the first gets underway on April 13 on the virtual version of the Barber Motorsport Park in Alabama, USA. The final race will take place on September 28 at the Circuit Monza, Italy. The championship offers a $100,000 prize pool, according to a 1 April release. Continue reading
GM Strikes Out Against Usually Winless UAW as Mexican-Made Blazer Pulled from Opening Day Lineup in Detroit
As AutoInformed has covered extensively since November 2018 when GM said it will idle five plants in North America this year and early next year – affecting more than 6000 jobs – the Oshawa shut-out was minor league with major league and world-wide consequences. Continue reading
More and/or Less – What Americans Know about Science
There are striking differences in levels of science knowledge by education as well as by racial and ethnic group. Men tend to score higher than women on the science knowledge scale, but gender differences are not consistent across questions in the scale. And political party groups are roughly similar in their overall levels of science knowledge, although conservative Republicans and liberal Democrats tend to score higher on the scale than do their more moderate counterparts. Continue reading
Brexit Bloody Hell! Now Stock Exchange Issues
Well, it seems that there are risks posed by jurisdictional share trading obligations, which “could increase market fragmentation and impose unnecessary costs on investors,” the SEC said in a whistling past the graveyard observation. Hell, it’s not even clear that the UK can continue to be a key market for funds and fund managers in the United States. Continue reading
BMW Group Design: Kaban at Rolls-Royce, Dukec at BMW
“The realignment of BMW Group Design is a signal of our future orientation. The new structure will ensure more efficiency, speed and agility in our design process,” said Adrian van Hooydonk, head of BMW Group Design, on Friday in Munich. It will be years before shareholders can see the results. Continue reading
Hungarian Hankook Tire Strike Settled
During the first week of the strike at the Dunaújváros plant, local management refused to talk with the union, strongly harassed and intimidated strikers, and offered 50% wage increases to work during the strike. Continue reading
Ford Shakes up European and International Markets as CFO Shanks Retires. Restructuring Continues as Stock Languishes
The more significant news, perhaps, is happening at Ford’s European money pit and its struggling International Markets Group. Peter Fleet, president of IMG, has announced his intention to retire. Fleet, 51, held leading in Ford marketing, sales and service, and business operations globally for nearly 30 years. Prior to the establishment of the International Markets Group, Fleet served as president of Asia Pacific, leading all of Ford’s operations and partnerships across the region. Previously, he was president of Ford ASEAN and vice president, Sales, Ford of Europe. Continue reading
About Face: GM to Add 400 Jobs for New Chevy Electric Vehicle after Critical Trump Tweets About Closing Lordstown
The announcements came less than a week after a rabid series of tweets by Trump about the closing of Lordstown, OH, which was one of the four plants GM said in November that would be idled in its latest cost cutting moves. GM declined to say if these were replacement jobs from abandoned workers’ or new jobs. The United Auto Workers union is in court against GM saying that they must be negotiated with the union. Continue reading
Ghosn Fallout – Nissan Changes American Senior Management
Japanese prosecutors have accused him of hiding his compensation and shifting personal investment losses to Nissan’s books. Ghosn denying the charges claims Nissan executives who opposed closer ties to Renault went to Japanese authorities with false charges. Adding to the intrigue, Ghosn remains on the Board of Directors at al three companies. Continue reading
1,700 workers strike at Hankook Tire in Hungary
IndustriALL Global Union affiliate, the Federation of Chemical Workers of Hungary (VDSZ), which represents workers at Hankook’s Dunaújváros plant in central Hungary, says that 70% of 2,400 shift workers have joined the indefinite strike that began on 12 March. Continue reading
BMW And Tate Modern Unveil Major New Work by Anne Imhof
The commission is both an exhibition by day and a series of six live performances by night. “Sex”, the work deals with fluidity between binaries – female and male, top and bottom, night and day – and the blurred line where two opposing zones meet. Continue reading
Posted in people, performance
Tagged Anne Imhof Sex, auto industry commentary, autoinformed, autoinformed.com, automotive blog, Ken Zino, Tate Modern
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People Choose Low Loan Repayments and High Interest Rates
Borrowers appear to set targets for their monthly payment on rounded amounts like $200, $300, and $400, rather than choosing the most cost-efficient payments. When borrowers are offered cheaper loan terms, they are more likely to take out larger loans rather than pocket the savings. Continue reading
Directors Carlos Ghosn, Greg Kelly Voted Out at Nissan
Hiroto Saikawa, President, among others, came under shareholder scrutiny for his protested innocence of having any knowledge of the scandal even though he was one of Ghosn’s “ right hand men…” Continue reading →