Category Archives: mobility company

Magna International Posts Q1 2026 EPS Loss of $0.04

Posted on 1 May 2026 by Ken Zino

This is a good result in AutoInformed’s view given that Magna is managing its production volumes impacted by a large and complicated range of factors. Recently, Trump’s military conflicts and tariffs. Then there are global supply chain issues, including interference to supply of and/or increased costs of steel, aluminum, resin, energy supplies and so forth. Critical parts include semiconductor and memory (DRAM) chips which are causing OEM, supplier or sub-supplier disruptions. Then there are commodity prices, labor disruptions, cost of skilled labor and political regulatory actions among other challenges – AutoCrat. Continue reading →

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Stellantis Posts Q1 2026 Net Profit of €0.4 Billion

Posted on 30 April 2026 by Ken Zino

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) today reported Q1 2026 financial results that show a slight year-over-year improvement.* Net revenues increased 6% year-over-year to €38.1 billion, with improved performance in North America, as well as gains in Enlarged Europe and Middle East & Africa. Net profit increased to €0.4 billion from volume growth and stronger operating performance. As with all global automakers, Stellantis is struggling with trade and tariff wars, as well as the consequences of mid-eastern region military actions. Continue reading →

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Ford Motor Posts Q1 2026 Operating Net of $2.5B

Posted on 29 April 2026 by Ken Zino

“The path to higher margins is clear, and the first-quarter demonstrates those building blocks in action,” said Sherry House, the estimable Ford CFO. “The strength in the quarter reflects strong execution in our profit pillars, and we remain on track to deliver our full-year cost reductions. When combined with accretive recurring revenue from software and physical services and decisive actions to improve our EV performance, we are driving a fundamentally more profitable business, allocating capital with extreme discipline, protecting our balance sheet, and positioning Ford to deliver consistently higher returns.” Continue reading →

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Penske Automotive Group Posts Q1 2026 Net of $234.5M

Posted on 29 April 2026 by Ken Zino

“In the first quarter of 2026, our business delivered over 126,000 retail automotive and commercial truck units, generated $7.9 billion in revenue and $323.7 million in earnings before taxes. During the quarter, we continued to demonstrate a flexible approach to capital allocation by completing the acquisition of two Lexus dealerships in the Orlando metropolitan area of Central Florida, increasing the dividend paid to stockholders by 1.4% and repurchasing 170,393 shares of common stock,” said Chair Roger Penske. Continue reading →

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GM Canada to Build Next-Generation Truck V8 Engines

Posted on 29 April 2026 by Ken Zino

General Motors Canada (NYSE: GM) said today that it is investing C$691 million in its St. Catharines Propulsion Plant to support production of the sixth generation of General Motors’ V8 engine, which will power GM full-size trucks and SUVs. Yesterday, GM reported strong sales and earnings for Q1 2026 bolstered in part by sales of such vehicles. Complicating GM’s global strategy is the Trump mis-administration’s repudiation of the successful North American Free Trade Agreement (NAFTA) and its subsequent revision proposed, promoted and signed by President Trump known in the U.S. as USMCA (United States-Mexico-Canada Agreement) Continue reading →

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GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance

Posted on 28 April 2026 by Ken Zino

“We have solid momentum in our core operations. We maintained overall sales leadership in the U.S. and Canada. We led the U.S. industry in full-size pickup sales and share, with 42% of the market, and we were #1 in Fleet, including Commercial deliveries. In addition, we were Number Two in EVs with growing market share, and Number One in Canada,” said CEO and Chair Mary Barra. Continue reading →

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Acura to Enter IndyCar. “Pause” IMSA GTP

Posted on 22 April 2026 by Ken Zino

Well, the paddock rumors were accurate – or should AutoInformed say Acura-it? Marcus Armstrong’s Honda-powered IndyCar will carry Acura branding in the 2026 Indianapolis 500, the Acura’s first appearance on the Indy 500 grid. Moreover, Acura will “pause” the IMSA GTP program following 2026 IMSA WeatherTech SportsCar Championship season. This move to the NTT IndyCar Series keeps the Acura name in motorsports of course. It also, perhaps, adds a complication to the viability of the IMSA WeatherTech SportsCar Championship, if other brands do likewise. Continue reading →

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Canada and U.S to Co-Host Global Vehicle Safety Conference

Posted on 22 April 2026 by Ken Zino

“Canada is proud to welcome the global road safety community to Toronto for Enhanced Safety of Vehicles 2026. By bringing together researchers, regulators, and industry leaders, we are fostering innovation and cooperation that will shape the next generation of vehicle safety and strengthen our collective efforts to make roads safer around the world,” said the Honorable Steven MacKinnon, Minister of Transport and Leader of the government in the House of Commons. Continue reading →

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First Look – Mercedes-Benz 2027 C‑Class EV

Posted on 20 April 2026 by Ken Zino

The all-new 2027 Mercedes-Benz C 400 4MATIC Electric arrives at U.S. dealerships in the first half of 2027 as MBUSA (MBG.DE, MBGAF OTC U.S.) is posting sales declines and all global automakers are wrestling with the negative trade and war policies of the Trump mis-administration. [Makers are also facing a marked shift in consumer presences to hybrid vehicles – AutoCrat].

“The all-new electric C‑Class is redefining the mid-size segment for electric vehicles. Customers will get exactly what they expect from this new version of the beloved model: the perfect blend of performance, comfort, dynamics, and intelligence. On top of that, it is the most powerful and sportiest C‑Class we’ve ever built, offering pure driving pleasure and outstanding real-world range, all while being the perfect sanctuary for our customer,” claimed Ola Källenius, Chairman of the Board of Management, Mercedes‑Benz Group AG. Continue reading →

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Honda Fastport eQuad Vehicles Link to Bird and Spin

Posted on 16 April 2026 by Ken Zino

“We created Fastport and our eQuad micro-mobility vehicle to address rising urban congestion, emissions and operating costs where full-size commercial vehicles are less practical,” said Jose Wyszogrod, general manager of Fastport. “With Fastport products now commercially available, we’re proud to partner with Bird and Spin in urban fleet operations to help better serve their customers’ micro-mobility needs on select university campuses.” Continue reading →

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Bosch Group Plans Sales, EBIT Growth after a So-So 2025

Posted on 16 April 2026 by Ken Zino

Bosch said “it believes that the weak economic development of 2025 will continue in the current business year. High levels of uncertainty, primarily due to geopolitical developments with the as yet unpredictable effects of the war in the Middle East, are likely to continue to affect inflation and global economic output. Moreover, price and competitive pressure remain high. Nonetheless, in the first three months of the year, Bosch was able to keep its sales more or less at the previous year’s level; after adjusting for exchange-rate effects, revenue was some 5% higher. Bosch expects the global economy to achieve only moderate growth, at the level of recent years.” Continue reading →

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Nissan in Survival Mode Sheds Models for Next Gen Products

Posted on 14 April 2026 by Ken Zino

“This is the right moment to articulate Nissan’s long‑term vision as we move beyond the Re:Nissan recovery plan and set a clear path for the future. Our vision defines where Nissan is headed, with customer experience as our guiding priority. By advancing mobility intelligence, we will deliver intuitive, advanced, and reliable products and technologies that offer outstanding value and enrich how mobility is experienced,” said Ivan Espinosa, the latest President and CEO of Nissan. [With this role of the Company dice, loss-making Nissan is betting on the come line. Wagering that new products in the future will be profitable enough to ensure survival – AutoCrat.] Continue reading →

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EcoCAR Innovation Challenge Pits General Motors v Stellantis

Posted on 13 April 2026 by Ken Zino

General Motors (NYSE: GM) and Stellantis (NYSE: STLA) have joined the Challenge as sponsors, along with technology partner MathWorks. This combination of government and industry partners focuses on cultivating the next generation of auto-industry innovators. This is the first collaboration between two major automakers in the same series in more than 25 years. Additional EcoCAR Innovation Challenge sponsors announced today include Caterpillar, Siemens Digital Industries Software, dSPACE, Bosch, Altec, Hesse, and Volta Foundation. Continue reading →

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Porsche AG Q1 2026 Sales Drop 15%

Posted on 10 April 2026 by Ken Zino

“Following the end of the combustion-engine 718 and the strong deliveries of the fully electric Macan at market launch, our figures are below the prior‑year level but are overall in line with our expectations. Strong demand for the 911 and the high proportion of top derivatives clearly demonstrate that the core of our sports car brand remains exceptionally strong,” claimed Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. “In the coming months, our focus will be on the market launch of the all‑electric Cayenne, which will be delivered to its first customers from summer onwards.” Continue reading →

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Stellantis N.V. Securities Fraud Lawsuit Announced

Posted on 8 April 2026 by Ken Zino

The Rosen Law Firm, which bills itself as a global investor rights law firm, today announced a class action lawsuit on behalf of purchasers of common stock on the New York Stock Exchange of Stellantis N.V. (NYSE: STLA) between 26 February 2025 and 5 February 2026, inclusive (the so-called “Class Period”). A class action lawsuit has already been filed. Continue reading →

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