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Category Archives: news
GMC Brand Extension – 2023 Yukon Denali Ultimate
The 2023 Yukon Denali Ultimate trim “elevates” the GMC sub-brand it’s claimed. “Distinguished with exterior and interior details, next-level materials, innovative available (optional, bring money- Autocrat) technologies and impressive capability, the new 2023 Yukon Denali Ultimate is the most premium Yukon ever offered.” AutoInformed guesstimates the elevated price will be just under ~$100,000. Continue reading
Tesla Recalls 48,184 Model 3s and 1, Yes 1, Model X
In yet another safety recall, Tesla is buying back one 2022 Model X vehicle. A body structure reinforcement bracket was not installed at the second-row seat. As such, this vehicle fails to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 207, “Seating Systems” and 210, “Seat Belt Assembly Anchorages.” Tesla will replace the vehicle, free of charge. An owner notification letter is expected to be mailed June 6, 2022. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, Ken Zino, nhtsa, Tesla Recalls
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Auto Loan, Lease Total at Record $1.3 Trillion during 2021
“Auto finance growth in 2021 was largely driven by strong – and expensive – used cars, which bolstered originations,” said Marcie Belles, author of the report… “many financiers recorded lower ratios of new cars in their portfolios. Still, origination volume has been nearly restored to pre-COVID levels, and it continues to climb.” Continue reading
Posted in economy, news analysis, prices, sales
Tagged auto industry commentary, autoinformed.com, Big Wheels Auto Finance, Ken Zino, Marcie Belles
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Mazda North America April Sales Down -3.3%
With 27 selling days in April, compared to 26 the year prior, the company posted a decrease of 6.9% on a Daily Selling Rate (DSR) basis. Certified Pre-owned sales totaled 5,274 vehicles in April, a decrease of 23% compared to April 2021. Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, CPO sales, Ken Zino, mnao
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Computer Bugs – Ford Launches New Certified Glass Network
Ford has apparently discovered the latest bugs in computerized vehicles. They are not the ones that smear your windshield. Continue reading
NLRB – National Labor Relations Act Protects Immigrants
Today, National Labor Relations Board General Counsel Jennifer Abruzzo released a new protocol to advance immigrant worker protections to freely exercise rights under the National Labor Relations Act (NLRA) and safely participate in NLRB investigations. Continue reading
IMSA Racing – Laguna Seca Today
Jordan Taylor and Corvette Racing will start sixth on the GTD PRO grid Sunday for the Hyundai Monterey Sports Car Championship as the No. 3 Mobil 1/SiriusXM Chevrolet Corvette C8.R goes for its second victory of the season in the IMSA WeatherTech SportsCar Championship. Next stop for Corvette? LeMans! Continue reading
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Congress Investigating Face Verification Vendor ID.me
The Oversight and Reform Committee is looking for records detailing all of ID.me’s federal, state, and local contracts, the number of people who submitted face scans to ID.me, the number of facial recognition errors, and information on the company’s use of many facial recognition technologies. Continue reading
Awakenings – Toyota to Nurture Butterflies, Bees, Bats
“Toyota believes in supporting pollinator populations because they are so critical to our food system,” said Becky Martin, manager of environmental sustainability at Toyota. “We are working with NEEF and P2 to enhance 26,000 acres of habitat, which is the same size as our land footprint in North America, with experts in pollinator conservation.” Continue reading
Posted in environment, global warming
Tagged auto industry commentary, autoinformed.com, bats, bees, butterflies, Ken Zino, NEEF, P2, pollinator populations
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GM CAMI – Becoming Canada’s First Full-Scale EV Plant
By September, the GM team will have prepped the building and installed the new BrightDrop production equipment. CAMI expects to begin returning employees in October for training on the new line. The first BrightDrop Zevo 600 is planned to roll off the line at CAMI in before the end of the year. Continue reading
M-B Group Runs Self-Congratulatory First Annual Meeting
Well, in the face of the ongoing pandemic and supply bottlenecks, as well as German funding of the Russian war on Ukrainian men, women, children and babies by buying Russian energy products, the financial year 2021 at Mercedes-Benz Cars, Mercedes-Benz Vans and Mercedes-Benz Mobility was successful. A dividend of €5.00 was proposed with €4.30 new reference point for dividend payments. Continue reading
Green Autonomous Mobility at Michigan State University
The Spartan bus completed on-campus testing, which did not include written college admission tests. More than 650 test runs of its route during all hours of the day helped make the official deployment possible. As part of the process to accept passengers, validation of the bus, route and infrastructure was granted by the National Highway Traffic Safety Administration (NHTSA). It appears to be the first and only SAE Level-4 automated bus that has NHTSA approval. Continue reading
Lower Credit Ratings for Firms with Poor ESG Ratings
So-called Environmental, social, and governance ethics, aka ESG, are becoming an increasing factor in a company’s ratings because they reflect its ability to survive in AutoInformed’s view – if the earth survives. Continue reading
CARB Fines PPG for Products Exceeding Air Quality Rules
“CARB is committed to enforcing consumer product rules to improve the air we all breathe and to help California meet federal ozone standards that protect public health,” CARB head of enforcement Todd Sax said. “Manufacturers such as PPG carry the greatest responsibility of supplying Californians with consumer products that comply with emissions standards. Their attention to the legal requirements related to the manufacture, importation and distribution of products significantly impacts California’s air quality.” Continue reading →