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Category Archives: mobility company
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
Posted in auto news, electric vehicles, engineering, environment, global warming, manufacturing, milestones, mobility company, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GM VP of Batteries, Ken Zino, Kurt Kelty, mark reuss, Panasonic, Sila, tesla
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Ford Motor Posts 2023 Net Income of $4.3 Billion
CFO John Lawler said that Ford’s robust cash flow and disciplined capital allocation enable vital investments in Ford+ while also returning value to shareholders – targeting distributions of 40% to 50% of adjusted free cash flow. Ford declared a first-quarter regular dividend of 15 cents per share and a supplemental dividend of 18 cents per share. The dividends are payable March 1 to shareholders of record at the close of business on Feb. 16. Lawler said that Ford “will improve capital efficiency by both selectively reducing investments and raising the bar on expected returns for initiatives that the company greenlights.” Continue reading
Tesla Recalls 2.2 Million Vehicles Covering 13 Model Years
Tesla is recalling 2012-2023 Model S, 2016-2024 Model X, 2017-2023 Model 3, 2019-2024 Model Y, and 2024 Cybertruck vehicles. An incorrect font size is displayed on the instrument panel for the Brake, Park, and Antilock Brake System (ABS) warning lights. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 105, “Hydraulic and Electric Brake Systems” and 135, “Light Vehicle Brake Systems.”
A visual warning indicator whose letter font size is smaller than 3.2 mm (1/8 inch), as prescribed in FMVSS Nos. 105 (105 – Hydraulic and electric brake systems) and 135 (135 – Light vehicle brake systems), could reduce the driver’s detection of it when illuminated, increasing the risk of a collision. Continue reading
Posted in customer satisfaction, electric vehicles, energy, mobility company, news analysis, public health, quality, recalls, safety, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Brake Park and Antilock brake system recall, Ken Zino, National Highway Traffic Safety Administration, NHTSA Campaign Number: 24V051, Tesla Recalls
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Ford to Show Revised 2025 Explorer at Chicago Auto Show
“The new Explorer starts with a great foundation. Customers told us they love the way it drives and the choice of rear-wheel drive and all-wheel drive. So, we focused on improving other areas including redesigning the interior with new materials, textures and colors to make sitting inside Explorer as enjoyable as driving one,” said Kelley Clark, Explorer chief engineer. Continue reading
Posted in connected vehicles, marketing, mobility company, shows and events
Tagged 2025 Explorer, Amazon Music, Audible, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ford BlueCruise option, iHeartRadio, Kelley Clark, Ken Zino, siriusxm, Spotify
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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
Posted in auto news, electronics, engineering, manufacturing, mobility company, news analysis, people, shows and events
Tagged Art of Making Things, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Inventing our path forward together, Ken Zino, MLIT, monodzukuri, monozukuri, Morizo, the Toyota Group, Toyota Commemorative Museum of Industry and Technology
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Annals of Marketing – Porsche AG Buys into VfB Stuttgart
“We are delighted that the Deutsche Fussball Liga has recognized our investment to be independent,” said Lutz Meschke, Deputy Chairman and Executive Board Member for Finance and IT at Porsche. “This gives us the opportunity to increase our stake to more than 10%. We want to contribute our know-how actively in order to keep developing the team successfully together with all our partners. We share a great tradition with VfB Stuttgart. Porsche is hereby strengthening its long-term commitment to the Stuttgart region, in which both of us have deep roots.” Continue reading
Posted in auto news, marketing, mobility company, people, shows and events
Tagged Albrecht Reimold, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Claus Vogt, Deutsche Fussball Liga, Ken Zino, MHP Arena Stuttgart, Rouven Kasper, VfB Stuttgart
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Porsche Reveals New Macan EV at Singapore Art Week
“The new Macan is a performance-oriented SUV with a high level of practicality for everyday use, high-quality equipment and spacious configuration. Electrification has led to increased luggage space in the Macan. Depending on the model and equipment fitted, the capacity behind the rear seat bench is up to 540 liters (cargo mode). In addition, there is the ‘frunk’, a second luggage compartment under the bonnet (hood) with a capacity of 84 liters. This amounts to 136 liters more than the previous model. If the rear seat backrest is folded down completely, the rear luggage compartment capacity increases to up to 1348 liters. The maximum towing capacity of 2000 kg rounds off the highly practical qualities of the new Macan,” said Porsche. Continue reading
Posted in auto news, connected vehicles, electric vehicles, electronics, engineering, environment, global warming, marketing, mobility company, news analysis
Tagged 2024 Porsche Macan SUV, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, electric SUVs, Ken Zino, Marc Fornes, Marina Bay Garden, Porsche Leipzig plant
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GM and Honda Fuel Cell JV Starts Mass Production
“This is a historic day for the industry as GM and Honda are the first full fuel cell system manufacturing joint venture to begin volume production of fuel cells for transportation and beyond,” said FCSM president Suheb Haq. “We begin the process with raw materials for membrane and electrode all the way through completed systems. Ongoing investment and commitment by both companies is driving our success at FCSM. This commitment aligns with our mission of making high quality, durable and affordable hydrogen fuel cell systems for a wide range of applications and customers.” Continue reading
Posted in alternative fuels, blog, electric vehicles, engineering, environment, fuel economy or emissions, manufacturing, milestones, mobility company, news analysis, public health, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Brownstown Michigan, FCSM, Fuel Cell System Manufacturing, hydrogen fuel cells, Jay Joseph, Ken Zino, Suheb Haq
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Some VW ID.4 EVs Qualify for Full Federal Tax Credit
Volkswagen Group of America said today that model year 2023 ID.4 compact SUVs with SK On battery components and model year 24 Volkswagen ID.4 models when released with SK On components placed in service in 2024 are eligible for the full $7500 Federal Tax Credit* on a purchase by a qualifying purchaser. Model year 2023 ID.4 vehicles with LG components do not qualify. During 2023, the ID.4 was the fifth best-selling EV in the US market. Continue reading
Posted in customer satisfaction, electric vehicles, labor issues, marketing, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, compact SUV EVs, Ken Zino, LG batteries, Pablo Di Si, SK On battery, Volkswagen Group of America
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DOT – Brightline West High-Speed Rail Gets $2.5B
“Today, the Biden-Harris administration takes the next step to fulfill the promise of high-speed rail in the American West, with $2.5 billion in private activity bond authority to lay tracks, create jobs, and connect American cities,” said U.S. Transportation Secretary Pete Buttigieg. Continue reading
Posted in economy, electric vehicles, environment, mobility company, news analysis, people, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, Brightline West high speed rail, Fortress Investment Group, Investing in America, Ken Zino, Nevada Department of Transportation, Polly Trottenberg, San Bernardino County Transportation Authority, Transportation Secretary Pete Buttigieg, Wes Edens
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Acura ZDX and ZDX Type S EVs Start at $64,500
“The arrival of the all-electric Acura ZDX demonstrates our commitment to a zero-emissions future, but more than that it represents our passion for performance in the electrified era,” claimed Emile Korkor, assistant vice president, Acura National Sales. Continue reading
Posted in auto news, connected vehicles, electric vehicles, environment, marketing, mobility company, new vehicle, news
Tagged 2024 Acura ZDX and Type S, android auto, apple carplay, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Emile Korkor, Ken Zino, non UAW built SUVs
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Stellantis Reveals STLA Large EV Platform
“Our goals for our STLA platforms are ambitious but this is what our customers need from us today,” said Stellantis CEO Carlos Tavares. “Creating a family of vehicles from a well-engineered set of components that is flexible enough to cover multiple vehicle types and propulsions, over-performing any of our current products, will address each of our iconic brands’ customers. The flexibility and agility of this platform is its hallmark and will be a driving force for our success in the shift to electrification in North America.” Continue reading
Posted in alternative fuels, auto news, connected vehicles, design and styling, electric vehicles, electronics, engineering, environment, fuel economy or emissions, global warming, manufacturing, marketing, mobility company, new vehicle, news analysis, shows and events
Tagged 400-volt and 800-volt electric architectures, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Ken Zino, Stellantis, Stellantis Dare Forward 2030 strategic plan, STLA large platform
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J.D. Power – Vehicle Dependability Down Again
Owners are experiencing lower levels of vehicle dependability after three years, according to the J.D. Power 2024 U.S. Vehicle Dependability StudySM released today. The large number of tech-ache problems owners face indicate a decline in long-term vehicle dependability, with increased levels of problems reported for nearly two-thirds of brands in the study. The industry average has increased 4 problems per 100 vehicles (PP100) year-over-year to 190 PP100 from 2023. The rate at which problems have increased between 90 days and three years of ownership has increased to 17%, up 5 percentage points from 12% in 2023.
“Historically, VDS model results mirror the results of the respective model year in the J.D. Power Initial Quality Study, so a deterioration of vehicle dependability is unusual,” said Frank Hanley, senior director of auto benchmarking at J.D. Power. Continue reading →