Category Archives: mobility company

Nissan in Survival Mode Sheds Models for Next Gen Products

“This is the right moment to articulate Nissan’s long‑term vision as we move beyond the Re:Nissan recovery plan and set a clear path for the future. Our vision defines where Nissan is headed, with customer experience as our guiding priority. By advancing mobility intelligence, we will deliver intuitive, advanced, and reliable products and technologies that offer outstanding value and enrich how mobility is experienced,” said Ivan Espinosa, the latest President and CEO of Nissan. [With this role of the Company dice, loss-making Nissan is betting on the come line. Wagering that new products in the future will be profitable enough to ensure survival – AutoCrat.] Continue reading

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EcoCAR Innovation Challenge Pits General Motors v Stellantis

General Motors (NYSE: GM) and Stellantis (NYSE: STLA) have joined the Challenge as sponsors, along with technology partner MathWorks. This combination of government and industry partners focuses on cultivating the next generation of auto-industry innovators. This is the first collaboration between two major automakers in the same series in more than 25 years. Additional EcoCAR Innovation Challenge sponsors announced today include Caterpillar, Siemens Digital Industries Software, dSPACE, Bosch, Altec, Hesse, and Volta Foundation. Continue reading

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Porsche AG Q1 2026 Sales Drop 15%

“Following the end of the combustion-engine 718 and the strong deliveries of the fully electric Macan at market launch, our figures are below the prior‑year level but are overall in line with our expectations. Strong demand for the 911 and the high proportion of top derivatives clearly demonstrate that the core of our sports car brand remains exceptionally strong,” claimed Matthias Becker, Member of the Executive Board for Sales and Marketing at Porsche AG. “In the coming months, our focus will be on the market launch of the all‑electric Cayenne, which will be delivered to its first customers from summer onwards.” Continue reading

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Stellantis N.V. Securities Fraud Lawsuit Announced

The Rosen Law Firm, which bills itself as a global investor rights law firm, today announced a class action lawsuit on behalf of purchasers of common stock on the New York Stock Exchange of Stellantis N.V. (NYSE: STLA) between 26 February 2025 and 5 February 2026, inclusive (the so-called “Class Period”). A class action lawsuit has already been filed. Continue reading

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Lucid Debuts 2027 Gravity Model EV Lineup

Lucid Group (NASDAQ: LCID) this week announced updates and enhancements to the Lucid Gravity model lineup for the 2027 model year along with the Lucid Air sedan. Both models are “soon to be joined by the mid-size Lucid Cosmos and … Continue reading

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Volvo Cars to Combine Polestar 3 Production in U.S.

“The move to consolidate global Polestar 3 production in Charleston help generate efficiencies for both companies, whilst also underscoring our confidence in the plant and the role it plays in our manufacturing footprint,’ said Håkan Samuelsson, chief executive of Volvo Cars. ‘The US is a very important market for Volvo Cars, both to support our growth ambitions as well as a strategic production site to meet regional and export demands.”** Continue reading

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NYAS – Honda To Show Fastport eQuad EV Delivery Van

Honda Motor Company (7267.T and NYSE: HMC) said today that it will show the all-electric Fastport eQuad EV Hybrid at a press event on 1 April 1 at the  Test Track where the New York Auto Show is held  [Level 1 Javits’s Center -AutoCrat.]* Fastport Chief of Operations Jamie Davies will share updates and lead a walk-around and demonstration of the vehicle.

“Fastport uses the Honda Mobile Power Pack (MPP) swappable batteries and is a software-defined vehicle (SDV) project. The Fastport eQuad in theory will help address urban congestion and rising consumer demand for faster, more frequent deliveries,” AutoInformed previously noted. Continue reading

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Chinese Owned Volvo Cars to Import Lynk & Co Cars in Europe

“With this new arrangement, we will leverage our commercial system to support Lynk & Co’s growth ambitions in Europe,” said Erik Severinson, chief commercial officer at Volvo Cars. “At the same time, it enables Volvo Cars and our retail partners to address a wider customer base. With the support of our retailers and our commercial organization, Lynk & Co can achieve its true potential in Europe.” Continue reading

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Milestones – Acura Celebrates 40th Birthday

My own personal experience and respect for Acura came in 1990. Covering the auto business Acura debuted of the groundbreaking NSX. This mid-engine sports car that would establish new levels of performance, refinement and drive-ability at a relatively inexpensive price compared to, oh, Ferrari and Porsche. I remembered a conversation with the esteemed and estimable John Dinkel of Road&Track who I had known years before I joined the magazine as its Detroit editor. Having gone to Japan to drive the car prior to its introduction, John – when I asked about it – just shook his head and said “they are going to own the world.” This opinion was not contested among the entire R&T staff as I recall. Ferrari performance, Japanese quality and an undervalued price. Continue reading

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Magna Increases Its Hybrid Drive Offerings

“Magna’s approach to electrification is centered on giving our customers flexible pathways forward,” said Diba Ilunga, President Magna Powertrain. “DHD REX reflects our commitment to adaptable, customer‑focused solutions that support a wide range of performance and market expectations.” Continue reading

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Toyota – $1 Billion Investment in Kentucky and Indiana

“The investment is part of Toyota’s ‘best-company-in-town, approach – investing and producing locally, contributing to the local community and offering diverse options tailored to local needs through a multi-pathway strategy. In the U.S., Toyota employs approximately 50,000 people and has been involved in the development and manufacturing of over 35 million vehicles across 11 manufacturing plants,” TMNA said. Continue reading

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California Ballot Scheme Limiting Robocar Liability Criticized

Uber announced today a partnership to put 50,000 Rivian Robotaxis on the road, including in San Francisco, the site of the Cruise AV crash with a pedestrian and Fire Truck. This comes as powerful corporate and legal interests are embattled in a fight over an upcoming California ballot initiative in November limiting victims’ medical recovery in all accident cases. Opponents claim it will prevent the seriously injured from finding contingency fee attorneys, making it difficult to sue robocar operators, manufacturers, or any reckless driver or automaker.

“This is a naked power grab by Uber to remove liability for its robotaxis and accelerate their rollout without accountability when their robotaxis harm or kill pedestrians and other drivers,” said Jamie Court, president of Consumer Watchdog, a non-profit that issued a report, “License To Kill: How Uber’s Rush To Close Courthouse Doors And Roll Out Robocars Threatens Public Safety.” Continue reading

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First Look – Genesis GV60 Magma Performance EV

“In a very short period of time, our engineers achieved something truly remarkable,” stated Manfred Harrer, President and Head of Hyundai Motor Group’s R&D Division. “They created a car that is not only fast, but truly Genesis; a car that inspires confidence and provides a true emotional connection.” Continue reading

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Sudden Power Loss – Ford Motor Recall Parade Persists

Ford Motor Company (NYSE: F) is recalling ~48,000 model year 2025 Ranger, Mustang, Maverick,  and Lincoln Nautilus vehicles. The exhaust gas recirculation (EGR) valve may fail, resulting in an unexpected loss of drive power. Affected vehicles are equipped with suspect Korean-made EGR valves installed in the 2.0-liter Gas, and 2.0-liter Hybrid Engines.

“Customers may initially experience weak acceleration, engine vibration, a no start condition, or a check engine light,” Ford said in the mandatory safety defect filing made public by the National Highway Traffic Safety Administration this morning. Ford is operating under a consent order from NHTSA because of its previous handing of recalls Continue reading

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Andretti Global Rules Inaugural Java House Grand Prix

“What an absolutely phenomenal day for our #27 JM Bullion Andretti Global Honda. And hats off to Honda really for a 1-2-3-4 today,” Kirkwood said. “Man, did we have some pace. This JM Bullion Honda, Andretti, all these guys right here, they gave me the tools today. It’s because of this race car we won today, because of teamwork….“One-three-four (finish) for Andretti; we’re just so stacked here. I’m so stoked.” Continue reading

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