Category Archives: news

Penske Automotive Posts Record Q2 Results

“Our business produced an all-time record second quarter driven by strength across all areas of our business. Strong volume and vehicle margins, improving service and parts operations, a growing Class 8 commercial truck market, record performance at Penske Transportation Solutions, and continuing cost controls all contributed to the record performance. I am particularly pleased with the continued expense discipline driving an 1,860-basis point improvement in selling, general, and administrative expense as a percent of gross profit,” said Chair and CEO Roger Penske. Continue reading

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California Greenhouse Gases – Emissions Drop Continues

“This inventory is good news, but much larger reductions are needed to reach the ambitious 2030 target — an additional 40% reduction below the original 2020 limit,” said CARB Chair Liane M. Randolph. “We are now once again witnessing massive wildfires and recurring heat waves while large parts of our state are suffering from extreme drought. This is a clear call to redouble our efforts to protect those communities already hard hit by pollution and climate change, and to move with all possible speed to achieve carbon neutrality by mid-century as quickly as possible.” Continue reading

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Ford Ion Park in Southeastern MI is New Global Battery Center

Ion Park will explore both lithium ion and solid-state battery cells and arrays. Ford will refurbish an existing 270,000 sq.-ft. facility. It will have a cross-functional team of up to 200 engineers, researchers, purchasing and finance staff. Ford Ion Park is critical in wisely spending the stockholder’s $30 billion investment in electrification by 2025. Politically it is part of a renewed commitment to making Michigan a centerpiece of its focus on electric vehicles. Continue reading

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EU – Rideable Bench Wins Ford Fund Smart Mobility Challenge

“TOD” is designed as an adaptable system with static and mobile modes.  Static it is a bench that can be extended to accommodate three people. Accessories such as chairs and corners can easily by added using a plug-in style kit system, while a flat square can be connected to two benches to form a picnic table. Continue reading

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First Look – Mercedes EQS All-Electric Sedan

By 2030, the subsidiary of Daimler now – belatedly? – wants more than half the cars it sells to have electric drive systems – this includes all-electric vehicles and plug-in hybrids, areas it has been slow to embrace. Continue reading

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Ford Refresh95 Cabin Air Filter Tweaks Interior Air Quality

Ford Refresh95 availability is expected during Q4 2021 for some vehicles, including the Bronco Sport, Escape, Explorer, Mustang Mach-E, Police Interceptor Utility and Maverick. Ford says customers won’t need to purchase a new vehicle. People with compatible vehicle will be able to purchase a Ford Refresh95 air filter from their local Ford dealer, starting later this year. Continue reading

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GM Adds New Hands-Free Super Cruise to 6 MY 2022 Vehicles

GM launched Super Cruise in 2017 with the Cadillac brand and has added capabilities, expanded Super Cruise-enabled routes and availability on more products since then. To date, approximately 10 million miles have been driven by customers using Super Cruise across the U.S. and Canada. Continue reading

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Mercedes-Benz – New Platforms Electric Only From 2025

AutoInformed thinks it was prompted by runaway global warming and the increasing desire of consumers – and above all regulators and nations of affluent people – to eliminate fossil fuels. Daimler investments into combustion engines and plug-in hybrid technologies will drop by 80% between 2019 and 2026. Continue reading

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Commerce to Make $3B Economic Development Investment

“President Biden’s American Rescue Plan delivered direct relief to the American people and was the first step to energizing the American economy following the devastating impacts of the coronavirus pandemic,” said Secretary Raimondo. “Now, its medium-term investments will allow communities around the country not only rebuild but re-imagine their economy for the future.” First announced on April 14, the plan has faced Republican opposition obstructionism because it apparently helps the working class and is that their usual program of ultra-rich welfare. Continue reading

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Argo AI, Ford to Launch Self-Driving Vehicles on Lyft Network

Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement, with passenger rides beginning in Miami later this year and in Austin starting in 2022.  As vehicles are positioned, Lyft users within the defined service areas will be able to select a Ford self-driving vehicle to hail a ride. “This initial deployment phase will lay the groundwork for scaling operations, as the parties are now working to finalize agreements aiming to deploy at least 1,000 autonomous vehicles on the Lyft network, across multiple markets over the next five years,” the companies claimed. Continue reading

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Daimler Q2 Results – Group Net Profit of €3,704 million

However, Daimler assumes that the current worldwide supply shortage of semiconductor components will affect Mercedes-Benz Cars unit sales also in the third quarter. Mercedes-Benz Cars unit sales “could be in the magnitude of the second quarter or below.” Full year unit sales are expected to be at prior year level (previously: significantly above). Continue reading

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Ongoing COVID Related Problems Just Discovered. Michigan Experiencing Increase in Legionnaires’ Disease?

As many buildings are currently reopening after extended COVID-19 closures or periods of limited use, this may also create an environment for potential amplification and transmission of Legionella bacteria. Between 1 July 1 and 14 July 107 cases of Legionnaires’ disease have been reported in 25 counties. Continue reading

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Electrify America, Volvo to Give XC40 Drivers Fast Charging

The incentive will apply to first owners of all 2022 XC40 and C40 Recharge vehicles. Additional models and “benefits” will be announced by the Chinese-owned Volvo. Once drivers have used all of their complimentary charging, they will automatically be eligible for Electrify America’s Pass+, said to allow drivers to charge at discounted rates, with membership fees covered by Volvo for an entire year.   Continue reading

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Sedan Trends – Passat is Passe’ – VW Kills US Production

During the second quarter, light-trucks, crossovers and sport utility vehicles (SUVs), were 76.9% of all new vehicles sold in the US market. The segment is expected to continue to move towards an 80% market share. Pickups accounted for 17.6% of sales for the first half of 2021, down from 20.0% compared to the first half of 2020; crossovers represented 45.9% of sales, up from 41.8% one year ago. Continue reading

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New Stellantis Opel CEO Hochgeschurtz From Renault

Uwe Hochgeschurtz will join the Top Executive Team of Stellantis and will report directly to Stellantis CEO Carlos Tavares. He started his career in the automotive industry in 1990 at Ford, before joining VW in 2001 and Renault in 2004. He studied business administration in Germany (Wuppertal & Cologne), the UK (Birmingham) and France (Paris Dauphine). Continue reading

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