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- Ford Motor Recalls for Brakes, Wheel Loss, Rollaways, Fires
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- GM First U.S. Automaker at 100% Renewable Electricity
- McLaren to Run in 2027 World Endurance Championship
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Category Archives: mobility company
Badass UAW Bargaining Committee Gets Record Daimler Deal
“Tonight, I’m in Charlotte, North Carolina, and I am honored to be joined by the badass bargaining committee representing over 7000 members at Daimler Truck North America,” Fain said. “We’re here tonight to announce a major victory for the members who build Freightliner and Western Star trucks and Thomas Built buses. Today, we reached a tentative agreement with Daimler. What started thirty-two years ago this month at the Mt. Holly plant, when the courageous 17-day strikers stood up and won a historic, first of its kind agreement, has come full circle. Continue reading
Posted in auto news, financial results, labor issues, manufacturing, mobility company, people, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Daimler Truck North America, Daimler Truck UAW contract, Ken Zino, Shawn fain, Walter Reuther
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Ford Motor Posts Q1 2024 Net Income of $1.3 Billion
Ford Motor (NYSE: F) late yesterday posted weak 2024 Q1 operating results of $42.8 billion in revenue (+1.3B YoY), net income of $1.3 billion (-1.1%), and adjusted EBIT of $2.8 billion (-6%) as global sales dropped 11,000 vehicles to 1,045,000. Ford nonetheless declared a second-quarter regular dividend of 15 cents per share, payable 3 June to shareholders of record at the close of business on 8 May 2024. Continue reading
GM Energy Offers Electric Vehicle-to-Home Charging
“GM Energy is committed to making the transition to an all-electric lifestyle an even more compelling option by simplifying all aspects of personal energy management,” said Wade Sheffer, vice president of GM Energy. “With the introduction of these new offerings, it has never been easier for our customers to access the expanded benefits of a holistic EV ecosystem, helping to mitigate the impacts of power outages and having the ability to offset certain energy costs over time.” Continue reading
Posted in auto news, connected vehicles, electric vehicles, energy, environment, global warming, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GM Energy, GM Energy PowerShift Charger, Ken Zino, v2h, vehicle-to-home bidirectional charging, Wade Sheffer
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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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New Grille and Battery for 2025 Mercedes-Benz EQS
Mercedes‑Benz said today that the EQS Sedan for 2025 model year has numerous upgrades with a new larger 118-kWh battery for increased electric range, a front fascia with a new grille and the Mercedes-Benz standing star on the hood, as well as new standard and optional equipment. The 2025 Mercedes-Benz EQS Sedan arrives at U.S. dealerships later in 2024. The EQ brand is all electric, of course. The EQS SUV is a two- or three-row large vehicle produced at the Mercedes-Benz plant in Tuscaloosa, which is currently, so to speak, experiencing labor issues. Continue reading
Hyundai 2025 Santa Cruz Debuts in New York
Hyundai today unveiled a revised 2025 Santa Cruz Sport Adventure Vehicle in a world debut at the New York International Auto Show. Santa Cruz has mildly redesigned exterior and interior surfaces, along with new infotainment and additional advanced driver assistance systems. The 2025 Santa Cruz arrives at Hyundai dealerships this summer.
“The development goal for freshening Santa Cruz was to give it an even bolder, stronger design. We also wanted Santa Cruz to be more capable, and the available XRT trim delivers with all-terrain tires, front tow hooks and improved off-road capability,” said José Muñoz, president and Global COO of Hyundai Motor Company. “Customers are going to appreciate all the new design details and enhancements inside and out. Santa Cruz is a true sport adventure vehicle.” Continue reading
PEVE to Become Toyota Battery Company
Toyota Motor (NYSE:TM) in Japan confirmed today that Primearth EV Energy Co., Ltd. (PEVE) will become a wholly-owned subsidiary of Toyota Motor. The subsidiary will use the technology advanced through Toyota’s hybrid vehicle battery business to date. and presumably improve on it. The transaction is scheduled to be approved at PEVE’s Annual General Meeting of Shareholders in late June 2024. It’s the latest in a series of moves by Toyota to become a dominant EV company.
“The new company name embodies our determination to leverage the technology and skills honed since PEVE’s establishment in 1996 to contribute to the competitiveness of Japanese batteries and become a company that provides high-quality and highly safe on-board batteries. In addition to batteries for Hybrid Electric Vehicles (HEVs), we plan to produce batteries for Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). Through our efforts in the production of diverse and next-generation on-board batteries, we hope to create new value and be useful to society,” PEVE said. Continue reading
Posted in connected vehicles, electric vehicles, electronics, energy, environment, global warming, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, bevs, ev batteries, hevs, Ken Zino, Masamichi Okada, PEVE, PHEVs, Primearth EV Energy Co., Toyota Motor Corporation
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Toyota to Build New Tokyo Corporate Headquarters
Toyota Motor Corporation said today it will sign a new agreement with Keikyu Corporation stemming from the agreement signed in 2020 to serve as a joint operator in the development of the Shinagawa Station West Exit area of Tokyo. The deal involves land, well as the joint construction and operation of a planned building to promote urban development.
Toyota will open a new Tokyo Head Office in FY2030 in the building. The area is expected to see improvements in urban functions with the opening of the MAGLEV line and other projects going forward. Continue reading
Posted in auto news, customer satisfaction, design and styling, mobility company, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Autonomous/Automated, CASE, connected, Electric, Keikyu corporation, Ken Zino, New Toyota Motor Tokyo Head Office, Shared, Shinagawa Station, Urban Development
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EPA Finalizes Vehicle Pollution Standards for 2027-32
The U.S. Environmental Protection Agency today announced final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles for model years 2027 through 2032 and beyond. The standards will have significant effects on the types of vehicles available, how much they cost to buy, own and operate, as well as the economy and public health in a politically dysfunctional country. Let the lawsuits commence, particularly from anti-environmentalists, the Republican party, and fossil fuel funded groups.
“With transportation as the largest source of U.S. climate emissions, these strongest-ever pollution standards for cars solidify America’s leadership in building a clean transportation future and creating good-paying American jobs, all while advancing President Biden’s historic climate agenda,” said EPA Administrator Michael S. Regan. “The standards will slash over 7 billion tons of climate pollution, improve air quality in overburdened communities, and give drivers more clean vehicle choices while saving them money. Under President Biden’s leadership, this Administration is pairing strong standards with historic investments to revitalize domestic manufacturing, strengthen domestic supply chains and create good-paying jobs.” Continue reading
Posted in auto news, economy, energy, engineering, environment, fuel economy or emissions, global warming, litigation, manufacturing, milestones, mobility company, news analysis, public health, transportation
Tagged Alliance for Automotive Innovation, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, cafe, epa, greenhouse gas emissions, greenhouse gas standards, Inflation Reduction Act, John Bozzella, Ken Zino, uaw
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Another Tesla Software Recall – Pedestrian Warnings
Tesla (NASDAQ: TSLA) is recalling 2013, 2018-2021 Model S, 2020-2021 Model X, 2018-2022 Model 3, and 2020-2022 Model Y vehicles, according to documents released this morning by the National Highway Traffic Safety Administration. A factory reset over the air (OTA) muted the Pedestrian Warning System (PWS) sounds. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 141, “Minimum Sound Requirements for Hybrid and Electric Vehicles,” which could increase the risk of collision.* Continue reading
Posted in auto news, connected vehicles, customer satisfaction, electric vehicles, electronics, engineering, mobility company, news, news analysis, public health, recalls, safety, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, forward collision warnings, Ken Zino, National Highway Traffic Safety Administration, NHTSA recall 24V153, pedestrian safety, Tesla recall SB-24-00-006
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EV Bedfellows – Nissan and Mitsubishi Sign MoU
Nissan Motor (7201T. NSANY ADR) and Mitsubishi Corporation (8058.T) have signed a memorandum of understanding to pursue a new joint initiative in next-generation-mobility and energy-related services using electric vehicles in Japan. The companies said today that Japan as a country has been addressing issues such as driver shortages due to a declining population, and difficulties maintaining public transportation services due to decreasing numbers of users. Nissan and MC have also been undertaking various initiatives to solve these problems.
Joint initiatives of course have potential economies of scale, reducing the intense capital costs required to develop EVs and autonomous vehicles. This is making for what would have previously been unlikely hookups or strange bedfellows. Nissan and Honda, Two of Japan’s Big Three automakers, previously announced that will study sharing automotive software platforms, core components related to EVs, and complementary products. Continue reading
Posted in auto news, autonomous cars, autonomous vehicles, connected vehicles, economy, electric vehicles, electronics, engineering, milestones, mobility company, news, news analysis, public health, software defined vehicles, software defined vehicles, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, EV Bedfellows, Japan Inc, Ken Zino, Makoto Uchida Nissan president and CEO
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Tracker Off Road OX EVs Recalled for Battery Fires
Textron Specialized Vehicles is recalling Tracker Off Road OX EV light utility vehicles because the lithium ion battery pack catch on fire. Owners should immediately stop using the Tracker OX EV and contact their authorized Tracker Off Road dealer or service center to schedule a free inspection and repair of the battery module.
Textron advises that until the Tracker Off Road dealer or service center has completed this service, do not charge the recalled vehicle and park the recalled vehicle outdoors at least 15 feet away from any buildings or other vehicles.
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Posted in customer satisfaction, electronics, mobility company, quality, recalls, safety, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, cpsc, EV battery fires, Ken Zino, Textron Specialized Vehicles recalls, Textron Tracker Off Road OX EV recall, United States Consumer Product Safety Commission
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Annals of Marketing – Honda Prologue AI Dream Generator
Honda said today it is celebrating the launch of the all-new 2024 Prologue, its first all-electric SUV, by taking families on an “unforgettable” trip powered by AI. The so-called artificial intelligence “Dream Generator” was developed for Honda in collaboration with Amazon Ads Brand Innovation Lab. It is said to create stories by combining user-provided inputs with AI-generated visuals to produce a custom and shareable animated film. Each member of the family is in the figurative driver’s seat as they build a Prologue adventure, say, through jungle terrain inhabited by dinosaurs, above the roads in a magic cloud world, through a microscopic garden jungle teeming with bugs or to outer space. Continue reading
Posted in connected vehicles, electronics, marketing, milestones, mobility company, new vehicle, shows and events
Tagged animation cels, artificial intelligence, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Disney animation methods, Honda Dream Generator, Honda Marketing, Kate McCagg, Ken Zino, Phil Hruska
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Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?
Stellantis reiterated a minimum commitment of double-digit Adjusted operating income (AOI) margin in 2024, as well as positive Industrial free cash flow, despite macroeconomic uncertainties. Stellantis claimed that it is on track to deliver total capital returns in 2024 more than €7.7 billion, for an 11% yield as a percentage of Stellantis market capitalization on 1 January 2024. It is likely that its value will go down in the short term. The company, in AutoInformed’s view is in a transition that requires the balancing of market share, product cost, revenue and development of new offerings. It is not alone among automakers. Continue reading →