Category Archives: mobility company

Penske Automotive Adds Ferrari Dealership in Modena!

Posted on 3 July 2025 by Ken Zino

Penske Automotive Group (NYSE: PAG)* said today that it has completed the acquisition of the Ferrari dealership in Modena, Italy. Located in Emilia Romagna, the heart of the so-called Italian Motor Valley that is home to Ferrari, Lamborghini, Maserati, Pagani, Ducati and Dallara, this Ferrari dealership expands the PAG’s existing luxury presence in Italy to 29 automotive retail locations. PAG now represents nine Ferrari locations worldwide, including Maranello Classic Parts, the only official Ferrari classic parts distributor in the world. The forecast estimated annualized revenue of the Modena location is $40 million. Continue reading →

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Annals of Marketing – Mercedes-Benz VLE Test Drive

Posted on 2 July 2025 by Ken Zino

Mercedes-Benz said today that two prototypes of its new Van Electric Architecture (VLE) drove from Stuttgart through the Alps to Rome with only two 15-minute charging stops under “real‑life “driving conditions. Starting in 2026, Mercedes-Benz will launch its newly developed modular and scalable Van Architecture. This new platform is attempting to successfully straddle luxury-focused Grand Limousines and commercial vans where Mercedes has a longstanding market presence. Continue reading →

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Toyota Motor North America Q2 Sales up 7.2%

Posted on 1 July 2025 by Ken Zino

“Steady demand for our Toyota and Lexus brands resulted in strong sales throughout the second quarter,” said Mark Templin, executive vice president and chief operating officer, TMNA. “Our lineup of 32 electrified vehicles was a big part of that draw as they represented over 46% of our sales in June.” Continue reading →

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Volvo Car USA Recalls for Brake Loss – 11,000+

Posted on 23 June 2025 by Ken Zino

Volvo Car USA is recalling all 2023 Volvo C40 BEV, 2025 EC40, 2023-2024 XC40 BEV, 2020-2026 XC90 PHEV, 2022-2026 XC60 PHEV, 2023-2025 S60 PHEV, 2024-2025 V60 PHEV, 2025-2026 EX40 and 2025 S90 PHEV vehicles. In some driving scenarios while coasting down a hill and using “B” mode or “One Pedal Drive,” the vehicle may lose brake function, according to the mandatory recall document made public today by the National Highway Traffic Safety Administration. More than 11,000 Volvo electric vehicles are affected by the potentially deadly safety defect. Continue reading →

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Nissan Shows All-New Third-Generation LEAF

Posted on 17 June 2025 by Ken Zino

Nissan Motor Company (7201T and NSANY ADR) today unveiled the all-new 2026 LEAF. The all-new LEAF will reach U.S. Nissan dealerships in the Fall, with other markets to follow, subject to the of the man who would be King, aka Donald Trump. The all-new Nissan LEAF will be assembled for the U.S. and Canada markets alongside the Ariya at Nissan’s Tochigi plant in Japan.

“Completely reimagined with clean, dynamic body lines, the third-generation LEAF combines a sleek profile with an SUV-like stance. Inside, a refined, minimalist cabin is optimized for roominess, comfort and wellbeing to accommodate all of life’s journeys. With over 15 years of proven dependability and the customer insights of almost 700,000 global sales, the all-new LEAF builds on the model’s DNA of reliable, affordable and attractive EV ownership, delivering strong value for the mass-market,” Nissan said. Continue reading →

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Bike Lane Delivery – Honda Shows Fastport eQuad Prototype

Posted on 17 June 2025 by Ken Zino

Honda (7267.T and NYSE: HMC) today announced the establishment of Fastport, a new business dedicated to transforming the last-mile delivery industry with what it calls “innovative micromobility solutions.” 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.

“The Fastport team has worked tirelessly to create the Fastport eQuad, a zero-emission alternative to delivery vans that solves the challenge of last mile urban logistics by meeting the needs of urban residents expecting on-demand deliveries of packages, groceries and other items,” said Jose Wyszogrod, general manager and founding member of Fastport. “Drawing from the deep knowledge of Honda design and engineering talent in the U.S., the Fastport eQuad is a testament to the commitment of Honda to advancing a more sustainable future through innovative mobility solutions.” Continue reading →

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Bring Your Own Bronco Optional at Off-Roadeo

Posted on 16 June 2025 by Ken Zino

Ford Motor (NYSE:F) said today that it is now offering Bronco owners who have attended the complimentary Bronco Off-Rodeo – an immersive driving school available to new Bronco, Bronco Sport, and Bronco Raptor owners the chance to bring their own Bronco to an advanced dirt driving program so to speak.

“Ninety percent of Bronco Off-Roadeo participants say they want to return and learn even more,” said Kelsey Gerken, Bronco consumer strategy manager at Ford. “Bring Your Own Bronco gives them that chance, expanding the Off-Roadeo experience to two unique, four-hour courses that further grow a Bronco owner’s skillset.” Continue reading →

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Milestones – Toyota Indiana Builds 1-Millionth Hybrid

Posted on 12 June 2025 by Ken Zino

Toyota Motor (NYSE: TM and 7203.T) celebrated today the manufacturing of the 1-millionth hybrid vehicle at the Princeton Indiana plant. The Sienna van has been assembled at Toyota Indiana since 2003, with the all-hybrid model being the latest iteration built by the plant’s 7650 team members.

“It’s a significant achievement to reach this milestone and something our team members should be proud of,” said Jason Puckett, president of Toyota Indiana. “The all-hybrid Sienna demonstrates our commitment to electrification and remains a top-selling vehicle in Toyota’s lineup.” Continue reading →

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Antonio Filosa New Stellantis CEO

Posted on 28 May 2025 by Ken Zino

Stellantis will now hold an Extraordinary Shareholder Meeting, which will be called in the coming days for Antonio Filosa to be elected to the Board to serve as an executive director of the Company. “Meanwhile, to give him full authority and ensure an efficient transition, the Board has granted him CEO powers effective June 23.”

John Elkann will continue in his role as Executive Chairman when Antonio Filosa takes up his position as Chief Executive Officer on June 23. At that time, Antonio Filosa will also announce Stellantis’ new leadership team. Continue reading →

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First Look – 2026 Honda HR-V Sub-Compact SUV

Posted on 22 May 2025 by Ken Zino

The Honda HR-V, America’s most popular SUV with first-time and Gen-Z buyers, is now arriving at Honda dealerships with a starting manufacturer’s suggested retail price (MSRP) of $26,2002 for the HR-V LX (excluding $1395 destination charge). HR-V is also the best-selling sub-compact SUV with Hispanic buyers. Every HR-V is offered with Real Time All-Wheel Drive (AWD) with Intelligent Control™ starting at $27,700 [Footnote 2].** The 2026 HR-V is available in three trim levels: LX, Sport and EX-L. As with the latest Toyota RAV4, the complexity of the trim levels with various packages and options present a daunting task to prospective buyers. This from Honda once famously known for a radio and television ad campaign, circa 1979-1984 with “The we make it simple,” tagline? (Read AutoInformed.com on: Toyota Debuts 2026 RAV4 Compact SUV) Continue reading →

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GMC Hummer EV – 2026 Model Year Adds Carbon Fiber Option

Posted on 16 May 2025 by Ken Zino

“The refreshed Hummer EV enhances an already amazing vehicle with new software innovations and forward-thinking design,” said Al Oppenheiser, GMC Hummer EV chief engineer. “From the start, we aimed to provide Hummer EV owners over-the-air software updates. All 2026 Hummer EV owners will have access to our latest software going forward, allowing new features to be introduced throughout the vehicle’s lifecycle.” Continue reading →

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Toyota Shows All Electric bZ Woodland Mid-size SUV

Posted on 15 May 2025 by Ken Zino

Toyota (NYSE: TM and 7203.T) today showed a new addition to its expansive Battery-Electric Vehicle (BEV) lineup with the first-ever 2026 model year bZ Woodland. The mid-size SUV has standard all-wheel drive with X-MODE®. The combined system net output is a claimed 375 horsepower with a manufacturer-estimated all electric driving range rating of up-to 260 miles. It also brings additional midsize SUV utility, with 8.3-inches of ground clearance, 3,500-pound towing capacity, and available All Terrain tires. The bZ Woodland is the third BEV recently announced by Toyota.* It joins the refreshed bZ small SUV and the all-new C-HR compact crossover, bringing the total number of electrified models in the Toyota lineup to 21 vehicles in a choice of BEV, Hybrid, Plug-in Hybrid, and Fuel Cell (CA and Hawaii only) powertrains. (Ranges and charging times will vary depending on weather and other factors.) Continue reading →

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Dr. Norbert Reithofer, Supervisory Board Chair of BMW Retires

Posted on 14 May 2025 by Ken Zino

The BMW Group* (Bayerische Motoren Werke AG ADR BMWYY) said today that Dr. Norbert Reithofer, Chairman of the Supervisory Board of BMW AG since 2015, and closely associated with the company for nearly four decades, is stepping down from his position, effective immediately.

“After 38 years, it is time for me to say goodbye to the BMW Group. It has been an honor to be a part of this exceptional company. I would like to thank all our associates, shareholders and stakeholders for your trust and support,” said Reithofer. “Together, we have overcome tremendous challenges and celebrated unparalleled successes. I firmly believe that the BMW Group will continue to follow its own unique BMW path.” Continue reading →

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GM and LG Energy Solution to Make Prismatic Cells in U.S.

Posted on 13 May 2025 by Ken Zino

General Motors (NYSE: GM) said today that it will with LG Energy Solution (KRX: 373220),* commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs. The announcement could be a battery technology breakthrough with significant sales and marketing advantages. This builds on a partnership between the two companies to develop prismatic battery cell technology and related chemistries.

“GM aims to become the first automaker to deploy LMR batteries in EVs. Ultium Cells, a GM and LG Energy Solution joint venture, plans to start commercial production of LMR prismatic cells in the United States by 2028, with pre-production expected to begin at an LG Energy Solution facility by late 2027. The final production-design of these LMR battery cells will be validated at GM’s Battery Cell Development Center in Warren, MI, which is expected to open earlier that year, as well as LG Energy Solution’s facility,” GM said. Continue reading →

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Nissan Motor Posts ¥670.9 Billion Net Loss

Posted on 13 May 2025 by Ken Zino

Nissan Motor Company (7201T and NSANY ADR)* today announced financial results for the full year and the fourth quarter of the Japanese fiscal year 2024, ending 31 March 2025. During FY2024, global sales remained at 3.346 million units impacted by “intensified sales competition.” Nissan’s consolidated net revenue was ¥12.6 trillion yen, resulting in an operating profit of ¥69.8 billion with a razor thin  operating margin of 0.6%. Net loss was, gasp, ¥670.9 billion (~$4.5 billion), which is improved from its previous forecast of a net loss of ¥700 – ¥750 billion for fiscal year 2024. Free cash flow and operating profit in the automotive business were both negative, automotive net cash was ¥1.498 trillion. (Based on average exchange rates of 153 JPY /USD and 164 JPY /EUR for FY2024.)

“In the face of challenging FY24 performance and rising variable costs, compounded by an uncertain environment, we must prioritize self-improvement with greater urgency and speed, aiming for profitability that relies less on volume. As new management, we are taking a prudent approach to reassess our targets and actively seek every possible opportunity to implement and ensure a robust recovery. Re:Nissan is an action-based recovery plan clearly outlines what we need to do now. All employees are committed to working together as a team to implement this plan, with the goal of returning to profitability by fiscal year 2026,” said Ivan Espinosa, Nissan president and CEO. Continue reading →

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