Category Archives: mobility company

Genesis Opens California Design Studio

“At Genesis, design is brand and brand is design,” said Luc Donckerwolke, Chief Creative Officer of Genesis. “Genesis Design California is the embodiment of this. It embraces our distinct Korean identity creating a space that inspires creativity. I cannot wait to see that inspiration come to life in the team’s work.” Continue reading

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Milestones – Mercedes Joins Renewable Carbon Initiative

“Joining the ‘Renewable Carbon Initiative’ is an important step in driving the transition to renewable carbon sources and working with strong partners to develop innovative, fossil-free solutions,” said Dr. Ulf Zillig, Vice President Group Research, Sustainability and RD Functions, Mercedes-Benz AG. Continue reading

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Porsche Sales Tank in China. So-So Elsewhere

Porsche (P911.DE) said today that a total of 212,509 cars were delivered to customers worldwide between January and September, of which 35.2% were electrified (+12.8 percentage points). However, in China the world’s largest market, Porsche has lost its once gleaming image and lucrative result. In China, 32,195 cars were delivered to customers (-26%.) The primary Porsche excuses for this decline “remain the challenging market conditions, particularly in the luxury segment, and the intense competition in the Chinese market.” The gleam is also fading elsewhere for Porsche.

“Porsche continues to maintain robust delivery figures this year. The level is in line with our expectations, especially considering the ongoing geopolitical and economic conditions,“ claimed Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. “In the coming months, our customers can look forward to many exceptional product offerings. We recently unveiled the new 911 Turbo S at the IAA, the range-topping version of our iconic sports car. This strengthens our brand core. Demand for the new flagship is very strong, and the car has received a lot of praise from the media and prospective customers.” Continue reading

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Chevrolet Bolt Returns as 2027 Model at ~$30,000

“The Chevrolet Bolt was the industry’s first affordable mass-market, long-range EV and it commanded one of GM’s most loyal customer bases thanks to its price, versatility and practicality,” said Scott Bell, vice president, Global Chevrolet. “After production ended, we heard our customer’s feedback and their love for this product. So the Bolt is coming back, by popular demand and better than ever, for a limited time. Continue reading

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First Look -Volvo Car USA 2026 EV Lineup

Volvo Car USA today announced details of its 2026 fully electric lineup with upgrades to the 2026 Volvo EX90, as well as the arrival of the EX30 Cross Country and Single Motor variants for U.S. customers.

“The 2026 EX90 has a new 800-volt electrical architecture that delivers faster, more efficient charging**- adding up to 155 miles of range in just 10 minutes at a compatible 800-volt charging station. This figure is the typical time to charge from 10 to 80 % at a 153kW DC fast charging station (CCS2). Figures are preliminary and derived from estimates and calculations performed for the Volvo EX30,” Volvo Cars said. Continue reading

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Mercedes-Benz Group Posts So-So Q3 Sales

Mercedes-Benz USA (MBUSA) reported Q3 2025 retail sales of 73,500 passenger cars. Year-to- date, U.S. retail sales to customers rose 6% to 223,800 units, helped by strong demand for Mercedes-Benz SUVs and expensive models. Mercedes-Benz Vans reported third quarter 2025 sales of 9500 units. The MBUSA overall total is 83,000 units retailed in the third quarter. Mercedes-Benz Group globally sold 441,500 cars in Q3 2025. [This gives the bragging rights to BMW Group at 588,300 – AutoCrat. BMW Group – Small Sales Increase YTD. Board Slashes Outlook]

“With sustained strong demand across our entire product lineup, our third-quarter sales results demonstrate the strength of the Mercedes-Benz brand and reflect the hard work and determination of our employees and outstanding dealer partners. We remain focused on consistently delivering our customers class-leading products and benchmark experiences with our 2026 models now arriving, including the stunning Mercedes- Maybach SL 680 at the very top end of the portfolio through to a highly compelling new all-electric entry point to the brand with the CLA that will reach U.S. dealerships before the end of the year,” said Adam Chamberlain, President and CEO of Mercedes-Benz USA. Continue reading

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Porsche Dumps World Endurance Cup!

Porsche AG (P911.DE)* said this morning will in future focus on two factory projects in motorsport. Porsche Motorsport will run the Porsche 99X Electric in the ABB FIA Formula E World Championship. Porsche will also run 963 in the North American IMSA WeatherTech series SportsCar Championship. The surprise move abandons some racing that Porsche was long involved with. Porsche Penske Motorsport will end its involvement in the FIA World Endurance Championship (WEC) at the end of the current season. (However, the cost of new model introductions as well as Trump’s tariff wars and formidable Chinese competition on EVs, dividends for shareholders no doubt weighed heavily on the retreat – AutoCrat.)**

“We very much regret that, due to the current circumstances, we will not be continuing our involvement in the WEC after this season,” said Dr Michael Steiner, Deputy Chairman and Member of the Executive Board Research and Development, Porsche AG. Steiner has been at Porsche since 2002 after leaving Daimler AG. Continue reading

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Mercedes-Benz Opens Robotic Lighting Test Center

Mercedes-Benz said today that it has opened Europe’s most advanced light-testing center with robots at the wheel at its Global Proving Ground in Immendingen in Baden-Württemberg. The Immendingen site is a one-hour drive from the Group headquarters in Stuttgart. It has 53 miles of road amid its 1285 acres.

“The Immendingen Test and Technology Center is the first digitized Mercedes-Benz proving ground – here, real and virtual vehicle testing merge seamlessly. By digitally mapping the proving ground, using automated test programs and employing state-of-the-art sensor technology, we are making vehicle development more efficient, faster and more sustainable than ever before,” said Markus Schäfer, Member of the Board of Management of Mercedes-Benz Group AG, Chief Technology Officer, Development & Purchasing. Continue reading

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American Honda Posts 358,848 Q3 U.S. Sales

American Honda’s Acura and Honda brands posted combined September 2025 sales of 105,097 and Q3 combined sales of 356,848. Year-to-date, American Honda has sold 1,097,799 cars and trucks, ~4% increase. The challenge forthcoming is the end of the EV tax credits, which has now expired. Still, American Honda is well positioned with its line of hybrid models.

“Balanced sales of light trucks, passenger cars, including record sales of electrified models and helping Honda and Acura manage the challenging market conditions,” said Lance Woelfer, vice president of Auto Sales at American Honda Motor Co. Inc. “Our investment in the ability to make hybrid-electric vehicles in America, including the Honda hybrid system, has led to record sales of CR-V, Accord and Civic hybrid models.” Continue reading

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Toyota Motor N.A. Posts Q3 Sales of 629,137

Toyota Motor North America (TMNA. NYSE: TM, 7203T) today reported September 2025 U.S. sales of 185,748 vehicles, up 14.2% on a volume basis and up 9.5% on a daily selling rate (DSR) basis compared with September 2024. Sales of electrified vehicles for the month totaled 85,092 up 8.% on a volume basis and up 3.6% DSR, representing 45.8% of total sales volume.

“Strong customer demand continues across our entire lineup, and vehicles are selling as fast as we build them,” said Andrew Gilleland, senior vice president at Toyota Motor North America. Continue reading

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Ford Motor Posts Q3 U.S. Sales of 545,522

Ford Motor Company (NYSE: F) today posted Q3 U.S. sales of 545,522, an increase of 8.2% across Ford’s line of gas, hybrid, and electric vehicles, as well as increased services from Ford Pro. Ford trailed GM in volume, which posted sales of 710,347 for a 7.7% increase. Car sales remain problematic for Ford Motor, reflecting the growth of trucks and SUVs in the U.S. at most companies.

“This quarter’s growth showcases our portfolio’s unmatched flexibility and breadth,” said Andrew Frick, president, Ford Blue and Model e. “We saw strong performance in gas, hybrid, and electrified powertrains, while at the same time growing our paid software solutions, all embedded in vehicles such as Expedition, Explorer and F-150.” Continue reading

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General Motors Posts Strong Q3 U.S. Sales – 710,347

General Motors (NYSE: GM) today posted record U.S. sales for the GMC brand, crossover vehicles, and EVs for Q3 2025. Total GM sales were 710,347.

“No one is in a stronger position for a changing U.S. market than GM. We have the best lineup of ICE and EV vehicles we’ve ever had, and our brands have grown market share with consistently strong pricing, low incentives and inventory,” said Duncan Aldred GM Senior Vice President and President, North America. Continue reading

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Jaguar Land Rover Cyber-Attack Effects Ongoing

Since 1 September 2025, Jaguar Land Rover (JLR) has experienced a cyber-attack that has shut down production at its three manufacturing sites in the UK. The estimated number of people affected is 120,000, including 50-75,000 supply chain workers, 30-40,000 family members, and 5-8000 agency staff. The UK Government has announced a £1.5 billion loan to support JLR and its supply chain restart operations. The Motor and Allied Trades Benevolent Fund (Ben) is offering support.

“The impact of the cyber-attack has already been deeply felt across the supplier workforce, and the need for support remains urgent. While the Government loan is a positive step towards recovery, we don’t yet know how quickly funds will reach suppliers who were forced to shut down production,” said, Rachel Clift, CEO at Ben. Many people working in the sector have already acutely felt the effects of a month without work or payment. Continue reading

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Toyota Starts a Strategic Investment Subsidiary

Toyota Motor Corporation (NYSE: TM, 7203T) today announced the establishment of Toyota Invention Partners Company, Ltd. (TIP), a new strategic investment subsidiary with ¥100 billion yen (~$670 million) in capital. TIP will focus on accelerating collaborations between Toyota, Woven by Toyota (WbyT), Toyota Group companies, their affiliates, and external partners as part of Toyota’s ongoing transformation into a mobility company. Woven Capital, Toyota’s venture investment arm, has established Fund II with $800 million (~¥120 billion), matching the size of Fund I launched in 2021.*

“To ensure that mobility continues to bring smiles to people and remains vital to society, the Toyota Group has embraced the vision of ‘Inventing our path forward, together’. This vision places a particular emphasis on ‘Invention’, which has always been the foundation of the Group” said Kenta Kon, Operating Officer and Chief Financial Officer of Toyota and CFO and Director of WbyT. Continue reading

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Honda, Astrobotic Start Study of Lunar Power

American Honda Motor Company and Astrobotic Technology today announced a joint-development agreement aimed at developing a scalable and integrated power supply for sustained lunar surface missions.

“The collaboration between Honda and Astrobotic marks a pivotal step toward creating scalable power solutions for long-term lunar surface missions. Powered by core Honda technologies, our regenerative fuel cell system is designed to provide efficient energy storage and regeneration to support sustained human life on the Moon, as well as advance zero-emission applications on Earth,” claimed Derek Adelman, chief engineer, Space Development Division, American Honda Motor Company. Continue reading

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