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Category Archives: news
Kia EV9 Joins the Three-Row SUV Parade
“The Kia EV9 transcends all aspects of traditional SUV thinking and represents the pinnacle of Kia’s design and engineering capabilities. Created to meet the needs of all family members, the EV9 also spearheads Kia’s rapid transition to a sustainable mobility solutions provider, not just by its advanced EV architecture, but also through the numerous recycled and sustainable materials used in its creation,” said Ho Sung Song, President and CEO. Continue reading
Fuji Motorsports Forest to Be a New Corporation, Destination
Arranged around the Fuji International Speedway circuit, Forest will consist of various facilities where motorsports culture can be enjoyed such as the Fuji Speedway Hotel, which offers a luxury experience, the Fuji Motorsports Museum which exhibits historic racing cars symbolizing each era, and garages of Japan’s leading racing teams. There are also spas and restaurants for the enjoyment of all visitors. Continue reading
Seattle Streets Safer Because of Lower Speeds
“When we talk about the Safe System approach, we always stress that nobody should have to die because of a mistake,” said IIHS President David Harkey. “These results illustrate the value of rethinking speed limits. Crashes still happened after Seattle’s changes, but they weren’t as dangerous.” Continue reading
Cordless EV w 400 Mile Range – 2023 Toyota Mirai Fuel Cell
At its heart, Mirai remains a breakthrough fuel-cell electric vehicle where the driver fills the tank with compressed hydrogen gas rather than liquid gasoline. It was derived from the Lexus LS 400 platform (rear-wheel drive – RWD-GA-L). A FCEV, of course, generates its own electricity onboard from hydrogen, with water as the only emission. A fuel cell system combines stored hydrogen with oxygen from the air, and a chemical reaction that produces electric current, and water, which drops out of a vent pipe beneath the Mirai. Continue reading
Posted in alternative fuels, connected vehicles, electric vehicles, engineering, environment, fuel economy or emissions, global warming, marketing
Tagged 2023 Toyota Mirai, auto industry commentary, autoinformed.com, fcev, fuel cell electric vehicles, Ken Zino, Sir William Robert Grove
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Ford Motor BlueOval City – 6000 Jobs go to Tennessee
BlueOval City will make Ford’s second-generation electric truck, code-named Project T3 with the capacity of 500,000 EV trucks a year at full production. Tennessee is a “right to work” (for less?) state, which means workers don’t have to be unionized. Tennessee sent at least $500 million in incentives from its taxpayers to close the deal announced back in September of 2021.
It’s ironic that the state of Michigan today repealed the state’s right to work law – the birthplace and longstanding home of Ford Motor. “Today, we are coming together to restore workers’ rights, protect Michiganders on the job, and grow Michigan’s middle class,” Democratic Governor Gretchen Whitmer said when signing the legislation. Continue reading
CARB Environmental Justice Advisory Committee Renewed
“These appointments demonstrate the Board’s commitment to integrating environmental justice and equity as a cornerstone of CARB’s climate programs,” said CARB Chair Liane Randolph. “We know climate change impacts vulnerable communities the most. Each of these members brings a unique perspective from their communities. By partnering together, we can reduce greenhouse gas emissions and address historic inequities by advancing environmental justice and equity in our implementation of the Scoping Plan.” Continue reading
March US Auto Sales Forecast Up. Q1 to Set Spending Record
“March is shaping up to be yet another positive month for the industry. With retail sales forecasted to be up nearly 2%, along with average transaction prices tracking up 3.5%, consumers are on pace to spend nearly $50 billion this month, an increase of 5.5% from what they spent on new vehicles a year ago,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading
Ford Motor New Financial Reporting – Billions in EV Losses
Part of today’s presentation showed Ford’s nascent electric vehicle venture – Ford Model e – lost $3 billion before taxes during 2021 and 2022. More such losses are coming in the near term. Helping stem the tide of red ink, Ford Blue – its traditional internal combustion business – is forecast to post a $7 billion pretax profit in 2023, marginally better than last year. Ford Pro is forecast to earn $6 billion before taxes, almost double 2022 earnings. Other business units include corporate, Ford Credit and Ford Next, dubbed a new business incubator. Continue reading
Gen Six Chevy Camaro Stops Production in January
“As we prepare to say goodbye to the current generation Camaro, it is difficult to overstate our gratitude to every Camaro customer, Camaro assembly line employee and race fan,” said Scott Bell, vice president, Global Chevrolet. “While we are not announcing an immediate successor today, rest assured, this is not the end of Camaro’s story.” Continue reading
Posted in marketing, performance
Tagged auto industry commentary, autoinformed.com, Camaro SS, Camaro ZL1 1LE, Ken Zino, Scott Bell
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Auto Rag Trade – Hyundai Re:Style 2023 Haute Couture
‘Hyundai Re:Style Exhibition’ will be presented at AP Again in Seongsu-dong for three weeks starting 23 March, following a private gala preview event later tonight. As the first ‘Re:Style’ exhibition to be held in Korea, the opening is also in line with the global launch of the all-new KONA Electric. Continue reading
Stellantis to Spend ~€130M in the Eisenach Assembly for EVs
Opel announced last fall that it would revive GSe as a new sub-brand for electrified models with GSe now standing for Grand Sport electric. The Opel Grandland GSe follows the Astra GSe and the Astra Sports Tourer GSe. Opel claims it is a high-performance, plug-in hybrid with electric all-wheel-drive in the SUV compact class, arguably the fastest growing segment in Europe and Asia. The Opel Grandland currently produced at Eisenach includes plug-in hybrid variants. Opel wants a fully electric lineup by 2028. Continue reading
John Dion to be Chief Transformation Officer at Struggling Ford
Ford Motor reported a disappointing 2022 full-year net loss of $2.0 billion. During Q4 of 2022 Ford posted an adjusted EBIT $10.4 billion, and operating cash flow $1.2 billion for the quarter, $6.9 billion for the year. This was in stark contrast to GM, which reported a record $14.5 billion in earnings for 2022. (autoinformed.com: GM Posts Record $14.5 Billion in Earnings During 2022) “We should have done much better last year,” said CEO Jim Farley at the time. “We left about $2 billion in profits on the table that were within our control, and we’re going to correct that with improved execution and performance.” Continue reading
BMW Manufacturing Spartanburg Supports 43,000 SC Jobs
The plant’s direct employment base also accounts for 4.8% of all manufacturing jobs across South Carolina. The former Confederate state of South Carolina is currently enmeshed in battle over whether or not to impose the death penalty for abortions. BMW Manufacturing has a Family Health Center at its South Carolina plant for all BMW workers, retirees and their dependents with occupational, primary care services, as well as vision, dental and physical therapy. The combination of cost savings and the benefits of having medical services all in one location offer the company’s non-unionized workforce a progressive option in their healthcare management. The center is a $5 million investment in a 25,000 square foot facility. To say that this would be a politically sensitive at a woke German automaker is an understatement. Continue reading
More Ford Recalls Published – Millions of Vehicles Involved
According to the latest safety defect recalls made public this morning by the National Highway Traffic Safety Administration, aka NHTSA, Ford Motor Company is also recalling numerous vehicles that have not been published by AutoInformed. These include recalls for windshield wipers, brake calipers, brake hoses, and towing trailer tail lights. In some cases millions of vehicles are involved. Continue reading
Mazda Adding Renewable Solar Power to Japanese Plants
Japan’s Ministry of Economy, Trade and Industry (MITI) provides subsidies to cover a portion of the expense of installing solar power generation facilities in cases where consumers of electric power coordinated with an electric power producer to establish such facilities. “These subsidies are intended to promote such collaborations and encourage wider adoption of independent initiatives to establish renewable energy sources, contributing to a reliable, long-term, supply-demand balance in energy use during the period up until 2030, thereby supporting the achievement of ambitious targets for the reduction of greenhouse gas emissions.” Continue reading →