Category Archives: mobility company

More Stellantis Executive Changes as Stock Drops

“Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers,” Stellantis said. However, there still is no new permanent Chief Executive Officer from the Special Committee of the Board of Directors at a time when Trump’s executive orders – viz tariff’s – are wreaking havoc in the auto industry. Stellantis shares are down ~8% this morning. Continue reading

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Toyota Motor Leads Global 2024 CY Sales at 10.8M

Toyota Motor Corporation (7203.T) today posted its sales, production, and export results for December 2024 , and significantly the total from January to December 2024, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors. With 10.8 million sold – down ~3.7% because of regulatory compliance issues in Japan and the ongoing EV price war in China – TMC easily out sold the Volkswagen group, which reported a 2.3% drop in global sales for 2024 at ~9 million. This makes TMC the undisputed global sales leader for the fifth straight year. Continue reading

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Stellantis Buys All of the Punch Powertrain JV

Stellantis (NYSE:STLA) announced today that it has acquired all the shares in the joint venture created in 2018 with the Belgian multinational Punch Powertrain, an original equipment maker of transmission and propulsion systems in the automotive sector. In the complex world of global automakers, the JV worked in the plants at Metz (FR) and Turin, at the Mirafiori complex (IT), where the advanced eDCT (Electrified Dual Clutch Transmission) gearboxes are produced. They will be seen in the entire Stellantis range of Mild Hybrid (MHEV) vehicles and the new generation of Plug-in (PHEV) vehicles.

“With this decision, Stellantis assumes full management of the design and production activities of the eDCT transmissions, characterized by class leading performance in terms of weight and production cost, fuel savings and reductions in harmful emissions,” the muti-national auto maker said in a release. Continue reading

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Quantum Materials Discovery by Honda Research Institute

“Our technology provides a new pathway for the synthesis of quantum nanoribbons with precise width control, leveraging their unique mechanical and electronic properties as a single photon light source to realize secure communication known as ‘quantum communication’,” said Dr. Avetik Harutyunyan, Senior Chief Scientist, Honda Research Institute USA Inc. and the leader of the quantum research. Continue reading

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GM Posts Record 2024 EBIT, EPS and Cash Flow

General Motors (NYSE:GM) today posted full-year 2024 net income attributable to shareholders of $6.0 billion at an EBIT-adjusted $14.9 billion. Full-year revenue increased ~9% to $187.4 billion. Investors in GM earned a 50% total return as GM ended the year with an outstanding share count of 995 million ahead of its announced buyback plan. Fourth quarter net income was reduced by more than $5 billion in special charges, primarily by $4 billion of non-cash restructuring charges and impairment of GM interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business. Continue reading

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First Look – 2025 BMW R 18 Heritage Series Motorcycles

BMW Motorrad USA today announced an updated R 18 family of Heritage series of cruising motorcycles, presumably not to take advantage of the non-cycling weather. MSRP pricing for the new 2025 BMW R 18 models, not including destination, is $15,395 (R 18), $18,395 (R 18 Classic), $18,995 (R 18 Roctane), $20,375 (R 18 B), and $24,395 (R 18 Transcontinental). There’s an increase of 4 lb.-ft. of torque to 120 lb.-ft for all R 18 models. And all are Euro 5+ emissions compliant. For 2025, all R 18 models gain 4 ft.-lb. in torque at 3000 rpm ( up to 120 lb.-ft) and meet the latest Euro 5+ emissions standards. More than 110 lb.-ft. of torque is available between 2000 – 4000 rpm. Power from the 1802 cc air/oil cooled boxer twin engine remains at 91 horsepower.

“Even more riding fun ,that was our goal when revising the BMW R 18 and R 18 Classic. We have refined the design, added numerous improvements in terms of detail and comfort and made the R 18 even more fun to ride with the 18-inch rear wheel. In addition to new finishes and equipment, the BMW R 18 Roctane, R 18 B and R 18 Transcontinental have also undergone a technical revision to bring the entire BMW R 18 range into line with the EU 5+ standard,” said Markus Lederer, Head of BMW Boxer Series Continue reading

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Rolls-Royce Apprentices Make Dormouse Houses

Apprentices at Rolls-Royce Motor Cars have designed and handmade a series of nest boxes for one of the UK’s most endangered mammals, the hazel dormouse (Muscardinus avellanarius), as part of the brands long-term environmental partnership with the neighboring Goodwood Estate, Rolls Royce said today.

“Studies have shown that our 42-acre site and the adjoining Goodwood Estate are home to some of Britain’s most important mammals, reptiles, birds, insects and plants – all of which we’re helping to conserve through our long-term environmental partnership. In this latest initiative, we’re working together to measure and monitor the local population of another rare and protected species, the hazel dormouse, using nest boxes designed and handmade by our Apprentices,” said Andrew Ball, Head of Corporate Relations and Heritage, Rolls-Royce Motor Cars. Continue reading

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Honda 0 Saloon and Honda 0 SUV Protypes Debut

Honda today held the world premiere of the first two models in the company’s new 0 Series line of battery electric vehicles at the 2025 Consumer Electronics Show. The so called Honda 0 SUV and Honda 0 Saloon(sedan in U.S. car speak)  use the 0 as a reference to emissions levels and their SAE Level 3 eyes-off autonomous driving – not as seems appropriate here to the amount of styling that went into the boxes. Production models based on both prototypes will launch in North America in 2026 followed by global markets. Both will initially be built at the Honda EV Hub in Ohio. Continue reading

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BMW Panoramic iDrive and Operating System X Debuts

The BMW Group today is providing the first opportunity to experience the “close-to-production version of the new BMW iDrive, complete with its so-called centerpiece, BMW Panoramic Vision, at the Consumer Electronics Show in Los Vegas. The software behind it is the new BMW Operating System X, which acts as the intelligence hub behind the new display and operating concept. The system will be introduced in all new BMW models from the end of 2025.

“High tech meets highly intuitive operation, a quarter of a century of pioneering work and technological leadership in operating concepts has been channeled into the new BMW Panoramic iDrive,” said Frank Weber, member of the Board of Management of BMW AG, responsible for Development. “The foundations are provided by the new BMW Operating System X. With this advance, we are giving one of the world’s best and most comprehensive infotainment systems even greater capability and once again setting the industry benchmark in multi-modal interaction. Continue reading

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Annals of Marketing – Honda Prelude Returns as Hybrid

Honda has announced that an all-new hybrid-electric Prelude* sports coupe will be re-introduced to the U.S. market late next year, presumably as a 2026 model. The first Prelude appeared in November 1978. This new one will debut Honda S+ Shift, claimed to be anew drive mode that “further advances Linear Shift Control to deliver maximum levels of driver engagement.” Continue reading

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Volkswagen Settles – Union Jobs Safe Until 2030

Volkswagen AG (VOW.F) and its IG Metall* and Works Council employee representatives for Passenger Cars, Commercial Vehicles and Group Components as well as its Audi and other brands have concluded a joint agreement – dubbed ‘Zukunft Volkswagen’ (Future) – that guarantees jobs as it reduces production capacities at Volkswagen AG’s German locations. Ultimately, but not now, the workforce will be cut by more than 35,000 at Volkswagen’s German locations by 2030. This includes a newly formulated “job security plan” through to 2030 at the troubled automaker.

“Cost savings for Volkswagen AG of more than €15 billion per year in the medium term,” VW said. “Of this, over €4 billion per year will come from the present negotiations on labor costs, structural and production measures and plant utilization. Labor cost effects alone amount to €1.5 billion per year.” However, the capital markets remain skeptical taking a wait and see attitude about VW’s ability to compete with higher quality and less expensive brands. AutoInformed notes that this is a five-year bet on the come line or the promise that material cost savings will be secured. VW stock closed yesterday at €88.85. A year ago on 23 December it was €93.95. Continue reading

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Nissan and Honda Sign Integration MOU!

Nissan Motor Co. (7201T. NSANY ADR) and Honda Motor Co. (NYS: HMC) have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company. In effect this will be the merger of the two companies with Honda as the stronger member so to speak given Nissan’s perilous operating results. It also raises questions about the continuance of Honda’s business ventures with General Motors.* What it does potentially do is create the world’s third largest automaker with potential annual sales of ~8-9 million, behind Toyota and struggling Volkswagen.

AutoInformed opines that as with all such complex multi-national corporate mergers, the details at the outset and more importantly in the final agreements and their implementation are key to its success. Given the twists and turns of the road and diverse corporate cultures of the participants – where there are no balance sheet entries – this is an endurance race that makes the 24 hours of Le Mans look like a 30-second TV spot. It also likely makes the venture subject to US SEC regulations, including form 4F and forward looking statements. Continue reading

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Technical Tidbits – Porsche 1900 Wheel-Hub Motor

“Almost 125 years ago, Ferdinand Porsche was involved in the development of an electric vehicle. It was powered by a wheel-hub motor,” Porsche said in a release today.

“It’s April 14, 1900, and a groundbreaking electric car, based on the Lohner-Porsche system, is celebrating its premiere at the Paris Exposition’s Palace of Electricity. It’s the innovative drive concept that brings widespread recognition of the Porsche name,” Porsche said. Continue reading

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GM About Face on Robo Taxi Development

General Motors (NYSE: GM) plans to realign its autonomous driving strategy and prioritize development of advanced driver assistance systems on a path to fully autonomous personal vehicles. GM will build on its Super Cruise program, the company’s hands-off, eyes-on driving feature, now offered on more than 20 GM vehicle models and currently logging over 10 million miles per month. GM made the announcement on a conference call for analysts late yesterday. The move could mean significant savings next year on research and development costs at the embattled company.

“GM is committed to delivering the best driving experiences to our customers in a disciplined and capital efficient manner,” said Mary Barra, chair and CEO of GM. “Cruise has been an early innovator in autonomy, and the deeper integration of our teams, paired with GM’s strong brands, scale, and manufacturing strength, will help advance our vision for the future of transportation.” Continue reading

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GM to Sell Lansing Battery Plant to LG Energy Solution

General Motors (NYSE: GM) said today that it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution.* The transaction is expected to close in the 2025 first quarter, subject to customary closing conditions. 

“Our EV profitability is rapidly improving thanks in part to our strategic decision to build battery cells in the U.S. with LG Energy Solution. It will be years before some of our competitors approach this level of performance,” said Paul Jacobson, GM executive vice president and CFO. “We believe we have the right cell and manufacturing capabilities in place to grow with the EV market in a capital efficient manner. When completed, this transaction will also help LG Energy Solution meet demand by leveraging capacity that’s nearly ready to come online and it will make GM even more efficient.”  Continue reading

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