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Category Archives: mobility company
Stellantis and Leapmotor to Expand Leapmotor International
Stellantis (NYSE: STLA / Euronext Milan: STLAM) and Leapmotor (Zhejiang Leapmotor Technologies Ltd 9863.HK) today announced their intention to expand their strategic partnership [Leapmotor International – LMPI – is a 51% Stellantis / 49% Leapmotor joint venture with exclusive rights for the sale and manufacturing of Leapmotor products outside Greater China – AutoCrat.] with an emphasis on European products and assembly plants and engineering technologies.
“This plan to expand our successful partnership with Leapmotor – a trusted peer and one of the fastest-growing, most respected new energy vehicle producers globally – is a true win-win for both of us. It is expected to support production and advance localization in Europe of world-class manufacturing of electric vehicles at affordable prices to meet customers’ real-world needs. Today’s announcement reflects our intent to deepen our partnership and take one more step towards even greater collaborations in the future,” said Stellantis CEO Antonio Filosa. Continue reading
Posted in auto news, design and styling, economy, electric vehicles, labor issues, manufacturing, milestones, mobility company, news, news analysis, shows and events, software defined vehicles
Tagged Antonio Filosa, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Chinese Trade Wars, Ken Zino, Leapmotor C-SUV B10, Leapmotor International, Opel C-SUV, Villaverde Madrid plant, X @KenAutoinformed, Zaragoza plant, Zhu Jiangming
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Bosch Supplied Cloud-Based Driving Safety Alerts is Growing
A cloud-based service that uses continuously updated data from numerous sources to quickly warn drivers of potential hazards on their route, such as sudden fog or black ice is now being used in millions of different cars and commercial vehicles … Continue reading
Posted in auto news, electronics, engineering, mobility company, news analysis, public health, safety, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW iX1, Bosch Group, Dr. Markus Heyn, iX2, iX3, Ken Zino, Robert Bosch GmbH, X @KenAutoinformed, X3
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Lexus Shows 2027 TZ 3-Row Electric SUV
Toyota Motor (NYSE: TM, 7203 T) today in Japan revealed a prototype version of the Lexus TZ 3-Row Electric SUV. The all-wheel-drive, full-size SUV is aimed directly at the popular and profitable SUVs from the brands at General Motors and Ford Motor Company. TZ is capable of driving from Los Angeles to Las Vegas [or Tokyo to Kobe -AutoCrat] on one charge. Acceleration is rated by Lexus at 0-100 kms (62.1 miles) in 5.2 seconds. Grade and pricing information for the all-new Lexus TZ will be available later in 2026.* Continue reading
Posted in alternative fuels, auto news, connected vehicles, electric vehicles, fuel economy or emissions, global warming, marketing, milestones, mobility company, new vehicle, news analysis, opinions, shows and events
Tagged 7203 T, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Forged Bamboo, Ken Zino, Lexus SUVs, Lexus TNGA platform, Lexus TZ 3-Row Electric SUV, NYSE: TM, Takeshi Miyaura, X @KenAutoinformed
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Magna International Posts Q1 2026 EPS Loss of $0.04
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
Posted in auto news, economy, engineering, financial results, manufacturing, mobility company, news analysis, opinions, results, sales, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Magna International Inc, Magna Q1 2026 Earnings, Swamy Kotagiri, X @KenAutoinformed
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Stellantis Posts Q1 2026 Net Profit of €0.4 Billion
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
Penske Automotive Group Posts Q1 2026 Net of $234.5M
“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
Posted in auto news, financial results, marketing, mobility company, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, NYSE: PAG, penske automotive group, Penske Transportation Solutions, roger penske, X @KenAutoinformed
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GM Canada to Build Next-Generation Truck V8 Engines
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
Posted in auto news, economy, labor issues, manufacturing, milestones, mobility company, news analysis, transportation, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Flint Engine Operations, GM Canada Manufacturing, Jack Uppal, Ken Zino, St. Catharines Propulsion Plant, Tonawanda Propulsion Plant, USMCA, X @KenAutoinformed
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Acura to Enter IndyCar. “Pause” IMSA GTP
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
Posted in auto news, engineering, marketing, milestones, mobility company, news analysis, people, performance, racing, shows and events
Tagged 2026 NTT IndyCar Series, auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, David Salters, Felix Rosenqvist, Honda Racing Corporation USA, HRC Japan, Hundy Liu, IMSA GTP, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, Meyer Shank Racing, Meyer Shank Racing Honda-powered Indy cars, Nick Yelloly, Renger van der Zande, X @KenAutoinformed
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Canada and U.S to Co-Host Global Vehicle Safety Conference
“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
Posted in auto news, autonomous vehicles, connected vehicles, electronics, engineering, mobility company, safety, shows and events
Tagged 28th International Technical Conference on the Enhanced Safety of Vehicles, Active and passive safety features, auto industry commentary, AutoInformed news, autoinformed.com, Automated driving technologies, automotive blog, Automotive news and analysis, Crashworthiness and crash avoidance, cybersecurity, ESV 2026, Exhibition Place in Toronto, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, Steven MacKinnon, transport canada, X @KenAutoinformed
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First Look – Mercedes-Benz 2027 C‑Class EV
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
Posted in alternative fuels, auto news, connected vehicles, design and styling, electric vehicles, electronics, engineering, marketing, mobility company, new vehicle, news analysis, software defined vehicles
Tagged auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, C 400 4MATIC Electric, Google Maps, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, MBUX Hyperscreen, MBUX Virtual Assistant, Mercedes-Benz app, Ola Källenius, X @KenAutoinformed
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Honda Fastport eQuad Vehicles Link to Bird and Spin
“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
Posted in auto news, economy, electric vehicles, environment, global warming, marketing, milestones, mobility company, news, news analysis, public health, shows and events, transportation
Tagged American Honda Motor Co., auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, Bird and Spin, Honda Fastport eQuad, Jose Wyszogrod, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, micro-mobility vehicles, Stewart Lyons, Third Lane Mobility, X @KenAutoinformed
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Toyota Motor FY2026 Net Income at $24.61B Drops 19%
Toyota Motor Corporation (NYSE: TM, 7203T) today posted a FY2026 [1 April 2025 – 31 March 2026] Net Income of $24.61B or a drop of -19% compared to FY 2025. “I view our 17 years under then-President Toyoda and then-President … Continue reading →