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Recent Posts
- Honda Post Record Operating Profit of $7B in FY 24
- Toyota Motor Posts Record FY24 Net Income of $39.1B
- Nissan Motor Posts FY Net Profit of $2.7 billion
- Hyundai Capital America Fined for Civil Rights Violations
- BMW Group – Good Q1 Earnings on Slight Sales Increase
- Greenhouse Gases – EPA Final Rule for Oil and Gas Sector
- Annals of Marketing – Audi Electric Mountain Bike
- Ford Maverick Pickups Recalled for Tail Light Failures
- The 2025 Genesis SUV – $57,700 to $79,300
- The April 2024 U.S. Jobs Report – is Stable Good?
- April 2024 US Vehicle Sales Drop Slightly
- Mercedes-Benz Q1 2024 Profit Drops 25% as Sales Slump
- Penske Automotive Group 2024 Q1 Earnings Drop
- Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?
- NHTSA Makes Automatic Emergency Braking Mandatory
Recent Comments
- Robert Kurnick on Penske Automotive Group 2024 Q1 Earnings Drop
- Dr. K. Venkatesh Prasad on Southern Labor Rights Boosted at VW. Daimler Next
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
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Category Archives: economy
Greenhouse Gases – EPA Final Rule for Oil and Gas Sector
“As we implement the historic climate programs under President Biden’s Inflation Reduction Act, EPA is applying the latest tools, cutting edge technology, and expertise to track and measure methane emissions from the oil and gas industry,” said EPA Administrator Michael S. Regan. “Together, a combination of strong standards, good monitoring and reporting, and historic investments to cut methane pollution will ensure the U.S. leads in the global transition to a clean energy economy,” Regan said. Continue reading
Posted in economy, environment, fuel economy or emissions, global warming, milestones, news, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GHGRP, Greenhouse Gas Reporting Program, Inflation Reduction Act, Ken Zino, Michael S. Regan, President Biden
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The April 2024 U.S. Jobs Report – is Stable Good?
The U.S. labor market added 175,000 jobs in April, the White House said today via its Council of Economic Advisors. More than 60% of private-sector industries added jobs. The unemployment rate ticked up slightly to 3.9% – it went from 3.83% to 3.86% – and the labor force participation rate held steady at 62.7%. AutoInformed sees nothing in the report that is practically worrisome to the auto industry. What will be telling is if the companies can adjust supply to demand without incurring losses. Continue reading
April 2024 US Vehicle Sales Drop Slightly
“Calendar effects meant that it was always going to be challenging to match last year’s sales in April. However, with replenished inventory levels helping the market to recover a year ago, the industry is now facing a higher bar in order to keep growing,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading
Mercedes-Benz Q1 2024 Profit Drops 25% as Sales Slump
Mercedes-Benz Group AG (MBG.DE) has reported Group Earnings Before Interest and Taxes (EBIT) of €3.9 billion (Q1 2023: €5.5 billion) a surprising drop of -25% but in line with struggles at European-based Volkswagen Group and Stellantis. Continue reading
Posted in auto news, economy, electric vehicles, financial results, marketing, news analysis, results, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Daimler Truck, EV transition issues, G-Class, Ken Zino, Mercedes-Benz Cars, Mercedes-Benz Q1 2024 financial results
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UAW Live – Hours Before Daimler Truck Contract Expires
UAW President Shawn Fain, alongside the UAW Daimler Truck North America Bargaining Committee, will address Daimler workers and allies on Facebook Live just hours before the contract for more than 7000 UAW workers expires at midnight. Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, transportation
Tagged auto industry commentary, auto news, autoinformed.com, automotive blog, customer satisfaction, Daimler Truck North America, economy, Freightliner trucks, Ken Zino, Kenny Dellinger, labor issues, manufacturing, milestones, people, Shawn fain, Thomas Built Buses, uaw, Western Star trucks
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April US New Vehicle Sales Flat as Trade-in Values Drop
Total new-vehicle sales for April 2024, including both retail and non-retail transactions, are estimated to reach 1,304,600 units, a 0.9% decrease from April 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData.* … Continue reading
Posted in auto news, economy, manufacturing, marketing, news analysis, sales
Tagged April 2024 vehicle sales forecasts, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Elizabeth Krear, GlobalData, j.d power, Jeff Schuster, Ken Zino, Thomas King
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Southern Labor Rights Boosted at VW. Daimler Next
The battle with VW management – a later day version of the Ford Rouge battle of the bridge, included outrageous interference by VW management instead of the neutrality stipulated under US labor laws. The Chattanooga plant has now become the symbol and rallying point of the tough fight for workers’ rights, bringing national or global attention* to the struggles and potential of unionizing in the South. Daimler Truck is next. Continue reading
Posted in auto news, customer satisfaction, economy, labor issues, manufacturing, milestones, people
Tagged Atle Høie IndustriALL, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Daimler Truck North America, Freightliner trucks, Ken Zino, Kenny Dellinger, Martin Daum, Shawn fain, Thomas Built Buses, uaw, Western Star trucks
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EPA Finalizes Pollution Reduction Standards for Power Plants
The U.S. Environmental Protection Agency today announced a series of final rules to reduce pollution from fossil-fuel-fired power plants, which have been and likely will continue to be the subject of litigation paid for by special interest money. The rules under separate authorities including the Clean Air Act, Clean Water Act, and Resource Conservation and Recovery Act, will significantly reduce climate, air, water, and land pollution from the power sector as they go forward. During 2024 the United States is forecast to build more new electric generation capacity than it has for two decades. About 96% of that will be clean, according to the current Administration. Continue reading
Posted in economy, electric vehicles, energy, environment, fuel economy or emissions, global warming, news analysis, public health, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, clean air act, clean water act, Ken Zino, resource conservation and recovery act, U.S. Environmental Protection Agency
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Death of the Diesel – EPA Clean Heavy-Duty Vehicles Grants
In the United States, the transportation sector is the largest source of greenhouse gas emissions. It is also a prominent source of health-harming pollution. Most of the vehicles eligible for replacement are powered by internal combustion engines that pre-date recent EPA emission standards. These vehicles emit harmful pollutants such as nitrogen oxide, fine particulate matter, and greenhouse gases. Continue reading
Posted in alternative fuels, auto news, economy, electric vehicles, environment, global warming, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, Clean Heavy-Duty Vehicles Grant Program, Inflation Reduction Act, Ken Zino, Michael S. Regan, U.S. Environmental Protection Agency
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EPA Grants Emergency Fuel Waiver for Ethanol
The U.S. Environmental Protection Agency today issued an emergency fuel waiver to allow E15 gasoline – gasoline blended with 15% ethanol – to be sold during the summer driving season. This allows Iowa, Kansas, Missouri, Nebraska, and Nine Tribal Nations to sell the fuel that otherwise would be banned for the summer. Estimates show that on average, E15 is about $0.25 a gallon cheaper than E10. Continue reading
Posted in alternative fuels, economy, energy, environment, fools 'n frauds, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bidenomics, clean air act, department of energy, epa, Fuel Waiver for E-15 Sales, Ken Zino, Michael S. Regan, President George H. W. Bush, reid vapor pressure
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March 2024 Global Light Vehicle Sales Effectively Flat
The Global Light Vehicle (LV) selling rate stood at 85 million units/year in March, roughly the same with February 2024, according to numbers and analysis released by the GlobalData* consultancy. Worldwide, 8.0 million vehicles were sold last month, a 2% … Continue reading
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
Honda EV Hub in Ohio is Retooling
Non-unionized Toyota Motor, Honda and Hyundai, among other manufacturers in the US, have been increasing wages in an attempt to stop what appears to be impending successful UAW organizing efforts at plants owned by off-shore automakers following the UAW Detroit Three contract sweep last October. Continue reading
Posted in auto news, connected vehicles, economy, electric vehicles, environment, labor issues, manufacturing, mobility company, news analysis
Tagged american honda, Anna Engine Plant, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, East Liberty Auto Plant, Ken Zino, Marysville Auto Plant
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Toyota Motor Posts Record FY24 Net Income of $39.1B
“We faced many challenges, including those posed by COVID-19 and production restrictions due to tight semiconductor supplies, but the results showed the efforts of each front-line employee, including those of our suppliers and dealers, each recognized what they needed to do and acted accordingly, and a management structure and profit structure that was built to be resilient to crises,” said Koji Sato, president. Continue reading →