Category Archives: mobility company

Magna Posts Solid Q3 2025 Earnings Gain

Posted on 31 October 2025 by Ken Zino

Magna (TSX: MG. NYSE: MGA) today posted U.S. $613 million EBIT Q3 2025 compared to $594 million in the third quarter of 2024. Subject to the approval by the Toronto Stock Exchange, the Magna Board of Directors approved a new Normal Course Issuer Bid (“NCIB”) to purchase up to approximately 25.3 million of Magna Common Shares, representing 10% of the public float of Common Shares. This NCIB is expected to be effective on 7 November 2025 and will terminate no later than 6 November 2026.

“Our strong third quarter performance exceeded our expectations and underscores the resilience of our business amid dynamic operating conditions and evolving macroeconomic trends. These results reflect the strength of our global team and the effectiveness of our strategic execution,” said Swamy Kotagiri, Magna Chief Executive Officer. Continue reading →

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Hyundai Motor Company Q3 2025 Net Profit Dives

Posted on 30 October 2025 by Ken Zino

Hyundai Motor Company (KRX: 005380 KS) today posted its business results for the Q3 of 2025. The company’s revenue during the July-September period rose 8.8% year on year to KRW 46.72 trillion, marking its highest-ever third-quarter revenue. Strong sales in the U.S. and Europe, as well as favorable foreign exchange rates contributed to the company’s revenue growth. However, Q3 operating profit stood at KRW 2.54 trillion, down 29.2% YoY, with an operating profit margin of 5.4%. Higher incentives as well as the impact of tariffs beginning to take full effect, hurt the operating profit. Net profit, including non-controlling interests, decreased 20.5% to KRW 2.55 trillion. Nonetheless Hyundai announced a Q3 quarterly dividend of KRW 2500 per – a 25%increase YoY.* Continue reading →

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Mexican Grand Prix Demo Drive – Tsunoda in Honda RA272

Posted on 24 October 2025 by Ken Zino

“It is an honor to drive the RA272 at the special place where Honda achieved its first F1® victory. Driving on the track where the RA272 pioneered Japanese motorsports history 60 years ago is a particularly special and deeply moving experience. With Honda’s history of challenges in my heart, I want to give fans a drive that conveys dreams and passion,” said Yuki Tsunoda. Continue reading →

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All BMW Group Parsdorf Operations Now in EMAS

Posted on 24 October 2025 by Ken Zino

The BMW Group (BMW.DE) said today that operations in Parsdorf (slightly northeast of Munich) are now part of the European environmental register, EMAS. In addition to the BMW Group Cell Manufacturing Competence Center, (CMCC) and test-parts logistics, the pilot plant for high-voltage batteries in Parsdorf has been included in the environmental impact statement and EMAS registration for the first time. EMAS stands for the “Eco-Management and Audit Scheme,” which claims to be the most stringent environmental management system in the world.

“We are very pleased with the EMAS registration of all our operations in Parsdorf, which underlines that our processes operate at a very high level – both economically and environmentally,” says Hansjörg Schilp, director of the CMCC and pilot plant for high-voltage batteries in Parsdorf. “The entire team has done an outstanding job.”
Continue reading →

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Porsche Cayenne Electric – Resourceful Performance

Posted on 24 October 2025 by Ken Zino

“With the Cayenne Electric, we are taking e-performance to a new level,” said Dr Michael Steiner, Deputy Chairman of the Executive Board and Member of the Executive Board, Research and Development. “Our innovative high-voltage system combines maximum efficiency with the driving dynamics typical of Porsche.” Continue reading →

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Cadillac 2028 Escalade IQ Debuts High-Speed Computing Core

Posted on 22 October 2025 by Ken Zino

At its so-called GM Forward media event in New York today, General Motors (NYSE: GM) talked about how manufacturing scale, software expertise, and AI are “converging to transform the car from a mode of transportation into an intelligent assistant.” GM is hardly alone in this quest to use advanced computing power to increase the technical ability and expand the market for branded vehicles.

“One of the most significant steps toward that future is autonomy. GM announced plans to bring eyes-off driving to market in 2028, debuting on the Cadillac Escalade IQ electric SUV. GM has already mapped 600,000 miles of hands-free roads in North America, and customers have driven 700 million miles with Super Cruise without a single reported crash attributed to the system. [footnote 1] Additionally, the technology and validation frameworks from Cruise add more than five million fully driverless miles of experience,” GM said. (Worrying here is GM expensive warranty cost problems discussed during its latest earnings call – AutoCrat) Continue reading →

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GM Ends Production of BrightDrop EVs in Canada

Posted on 21 October 2025 by Ken Zino

General Motors (NYSE: GM) today confirmed the end of production of the BrightDrop electric delivery van built at CAMI Assembly in Ingersoll, Ontario. BrightDrop production will not be moved to another site. GM said “The commercial electric delivery van market … Continue reading →

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GM Posts Q3 Net of $1.3 Billion on $48.6B Revenue

Posted on 21 October 2025 by Ken Zino

General Motors (NYSE: GM) today posted a Q3 2025 net income of $1.3 Billion down $700 million year-over-year on $48.6B in revenue. This included a gross tariff impact of $1.1 billion. GM offset more than 30% of this amount through what it said was go-to-market, footprint, and cost initiatives. It was a strong quarterly performance, but GM still faces major challenges in China, as well as problems dealing with Korea, Mexico and Canada via the upcoming re-negotiation of the North American Free Trade Agreement with the Trump Administration’s hostile to our northern neighbor. Nonetheless GM stock closed the day at $66.62, up $8.62 for a +14.86% gain.

“Thanks to the collective efforts of our team, and our compelling vehicle portfolio, GM delivered another very good quarter of earnings and free cash flow. In the U.S., we achieved our highest third-quarter market share since 2017 with strong margins, and our restructured China business was profitable once again. Based on our performance, we are raising our full-year guidance, underscoring our confidence in the company’s trajectory,” said Ceo and Chair Mary Barra. Continue reading →

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World Premiere – New Toyota Land Cruiser FJ

Posted on 21 October 2025 by Ken Zino

“Launched originally as the Toyota BJ in 1951, the Land Cruiser immediately became the first vehicle to climb to the sixth station of Mount Fuji. Since then, it has fulfilled its mission of delivering safety and security to all types of people in places that only the Land Cruiser can reach. Developed and refined based on global, real-world customer usage, it provides reliability, durability, and off-road performance that allows people to go anywhere and everywhere and return safely. This concept has been carried forward and continues to evolve to this day. With cumulative sales of about 12.15 million units [footnote 1] in over 190 countries and regions around the world, the Land Cruiser has supported the lives and livelihoods of people everywhere. It is a flagship Toyota model that has been developed and refined by customers around the world for over 70 years,” Toyota said. Continue reading →

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How China Is Gutting Western Automakers

Posted on 20 October 2025 by Michael Dunne

“Make the world more dependent on China. Make China less dependent on the world.” – Xi Jinping (Politburo, Dual Circulation Strategy, May 2020) If China’s goal is total domination of the global auto industry, the master plan might look something like this:

Scale Up: Build enough capacity to supply more than half of the world’s annual demand for vehicles.
Flood In: Launch a frenzied push of exports into markets worldwide and, with aggressive pricing, take large chunks of market share. Continue reading →

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Online Marketing – Aston Martin Reveals New Configurator

Posted on 20 October 2025 by Ken Zino

Aston Martin with the launch of the most comprehensive update of its online Configurator since it originally debuted four years ago, claims it “is a true gateway to the brand, and the refresh refines and elevates aspects of the user experience to create a truly premium digital presence.” (Marketing Babble alert – AutoCrat>

“Our Configurator is an integral part of the modern Aston Martin customer experience,” said Alex Long, Aston Martin’s Global Marketing Director. “Our digital team has worked closely with Aston Martin’s design studio to shape an experience that is vivid, responsive, and inspirational. It’s essential to us that the quality and richness of Aston Martin’s design, engineering and craftsmanship is faithfully rendered to potential customers.” Continue reading →

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First Look – the 2026 Lexus GX SUV

Posted on 17 October 2025 by Ken Zino

Lexus, the luxury brand of Toyota, said today in a release from Plano, Texas that the 2026 Lexus GX SUV carries over from the prior model year. (The 2026 GX is assembled at the Tahara plant in Japan, and as such is subject to the tariff whims of the bumbling Trump administration – AutoCrat).

“Lexus enthusiasts have long praised the GX’s legendary off-road capability and its ability to tackle rough terrain, taking customers comfortably from errands to remote spaces. The GX is offered in six grades: Premium, Premium+, Luxury, Luxury+, Overtrail and Overtrail+,” Lexus said. Continue reading →

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Penske Automotive Group Increases Dividend Yet Again

Posted on 16 October 2025 by Ken Zino

“We are pleased to reward shareholders with another increase in the quarterly dividend”, said Penske Automotive Group President Robert H. Kurnick, Jr. “We remain confident in our business and continue to generate strong cash flow, preserve a healthy balance sheet and maintain a disciplined approach to capital allocation.”

Penske Automotive Group’s Third Quarter 2025 Earnings Call is upcoming on 29 October 2025 at 2 pm ET. AutoCrat opines that this is a signal that the earnings will be strong. However, all the usual SEC forward looking statement caveats apply. Continue reading →

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Stellantis to Invest $13 Billion in U.S. Plants

Posted on 15 October 2025 by Ken Zino

Stellantis (NYSE: STLA) late yesterday announced plans to invest $13 billion during the next four years to increase its sales in the critical United States market and to expand its domestic manufacturing footprint. Part of this are required updates to aging vehicles to stay competitive and defend market share. Some was previously planned and announced for other vehicles – notably EVs but is now being redirected to internal combustion engine products because of the relaxation of environmental rules and the elimination of  EV buying incentives and CAFE fines or fees on vehicles that inordinately pollute the air causing dire human health problems by the Environmental Pillage Agency, aka EPA, under the Trump – “Global warming is a Chinese hoax” Administration. Continue reading →

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HondaJet Flies on Sustainable Aviation Fuel!

Posted on 13 October 2025 by Ken Zino

Honda Aircraft Company today announced it has become the first twin-turbine very light business jet manufacturer to fly the HondaJet on a successful test flight running a 100% blend of sustainable aviation fuels (SAF). HondaJet aircraft currently in service have been operated by customers on approved SAF blends of up to 50%. GE Honda Aero successfully completed tests of the HF120 engine on the ground utilizing 100% SAF fuel blends in 2022 and 2023, providing an early demonstration of the feasibility of the HondaJet’s recent test flight.

“We are immensely proud of our Honda Aircraft Company engineering team carrying forward our commitment to the future of aviation by demonstrating that the HondaJet is capable of operating on a 100% SAF blend,” said Amod Kelkar, Senior Vice President and Chief Commercial Officer at Honda Aircraft Company. “This achievement is a step toward aligning our business activities with the global Honda goal of decarbonizing our business activities by 2050.” Continue reading →

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