Category Archives: mobility company

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

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

“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

“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

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

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

“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

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!

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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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.]

“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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