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Category Archives: news
Stellantis Reports Legacy FCA, PSA 2020 Financial Results
Nonetheless Stellantis was profitable in 2020 despite COVID-19 with 7.1% Automotive adjusted operating margin at €3.4 billion. Its 9.4% H2 Automotive adjusted operating margin was a record. The net result of group share was €2.2 billion with €2.7 billion Automotive free cash flow and a €13.2 billion Automotive net financial position. Continue reading
Posted in economy, financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, carlos tavares, fca, Ken Zino, Stellantis
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SEC Starts Task Force on Climate Change Investment Risks
What this means, in short, is that things are getting tougher for companies that are part of the global warming crisis or want to profit from investors who wish to support firms that are run on an environmentally friendly basis. but wish to avoid the consequences. Environmental, social, and governance (ESG) criteria are an “increasingly popular way for investors to evaluate companies in which they might want to invest,” said the SEC. In the financial markets, mutual funds, brokerage firms, and robo-advisors now offer products that employ ESG criteria. ESG criteria can also help investors avoid companies that might pose a greater financial risk due to their environmental or other practices. Continue reading
Posted in auto news, economy, environment, fuel economy or emissions, global warming, milestones, mobility company, news analysis, public health
Tagged auto industry commentary, autoinformed, autoinformed.com, climate change financial risks, ESG, investors and global warming, Ken Zino, sec
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World’s First Electric Bentleys to be Built by Lunaz
This expanded UK manufacturing footprint forms a key pillar of a multi-phased growth strategy that will see Lunaz – it hopes – become a global leader in the EV conversions of passenger and industrial vehicles. Continue reading
Posted in aftermarket, electric vehicles, marketing
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, Lunaz Design
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Volvo to Only Sell EVs Online as a Pure EV Company by 2030
The strategy is focused on what appears to be the fastest-growing segment in the global car industry: the premium electric market. Volvo Cars aspires to be a leader or at least a survivor in this segment and will focus on developing electric cars only going forward. It does however face potential legal problems from current authorized dealers or dealership groups. Continue reading
Posted in electric vehicles, marketing, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, Care by Volvo, Ken Zino
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Brazil – A Ford Motor South American Nightmare
In money-losing South America there is a governmental history of graft and corruption, economic catastrophes and failed financial and fiscal policies – among other factors at play. The brew distilling there appears to be 151-proof toxic. The outcome is a potential drunk-driving multi-car collision that will leave smoldering businesses and tragically ruined lives and careers. This is all playing out against a backdrop of a new potent Corona virus variant in Brazil and an ongoing public health disaster. Deaths have surpassed 250,000 there. It is the world’s second-highest mortality tally after the U.S. Continue reading
Daimler Truck, Volvo Group Create “cellcentric” Fuel-Cell JV
The joint venture will develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. A key goal of Daimler Truck AG and the Volvo Group is to start with customer tests of trucks with fuel-cells in about three years and to commence series production during the second half of this decade. Continue reading
HomeStation – Connected Home Charging for Electric Vehicles
Home Station is the brand’s fastest home charger. Under the 40-amp configuration, it can provide charging speeds of up to 9.6kW – 6.8 times faster than on a Level 1 charger. This means some EVs can add up to 33 miles of range per hour. Continue reading
Posted in electric vehicles, energy
Tagged auto industry commentary, autoinformed, autoinformed.com, Home Station, Ken Zino
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Brazil to Nationalize Ford Motor Plants?
Ford workers are looking for ways to protect their jobs and have agreed to begin talks with the US carmaker’s global management team today. They are also looking into the possibility of introducing a bill to nationalize Ford’s operations in Brazil. Continue reading
Posted in labor issues, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Camaçari, Ford Brazil, IndustriALL, Ken Zino, Taubaté, Troller
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New St. Clair Magna Plant to Supply GMC’s Hummer EV
The battery enclosure contributes to structural and safety aspects of a vehicle’s frame and protects high-voltage batteries from damage and water. Continue reading
First Look – 2022 Lexus IS 500 F Sport Sedan
As the first model in the new Lexus F SPORT Performance line, the IS 500 engine is larger in displacement and performance compared the IS 350’s 3.5-liter V6. (see AutoInformed on 2019 Lexus ES 350 in Production at Georgetown Kentucky) The IS 500 has a maximum output of 472 hp at 7,100 rpm and 395 lb.-ft. of peak torque at 4,800 rpm. Naturally it’s heavier at 3,891 pounds, gaining 143 pounds of additional curb weight over the standard IS 350 F SPORT. The IS 500 on paper is capable of delivering a 0-to-60 mph elapsed time of 4.5 seconds and has a manufacturer-estimated 24 mpg highway rating. Continue reading
Groupe Renault and Faurecia to Work on Hydrogen Storage
Hydrogen, of course, is central to an ongoing energy transition toward zero-emissions mobility. Fuel cell electric vehicle technology will be significant in the powertrain and vehicle mix by 2030 promoted or demanded by government regulations, taxpayer subsidies and the growing realization that Global Warming is a significant health and economic threat. Continue reading
Ford Europe is Planning on Shifting Passenger Cars to All EVs by 2030, Commercial Vehicles Will Eventually Follow
The news comes after Ford reporting, in the fourth quarter of 2020, finally, a return to profit in Europe and announced it was investing at least $22 billion globally in electrification through 2025, nearly twice the company’s previous EV investment plans. Continue reading
Canadian GM Engineers Can Now Develop Advanced Vehicles on the CTC McLaughlin Advanced Technology Track
The 55-acre operation on the southern-end of the Oshawa Operations expands GM’s Canadian technology footprint to four sites. With campuses in Markham and Oshawa and the Kapuskasing Proving Grounds in northern Ontario, the CTC has grown to become the largest software engineering and development centre for GM outside the U.S. Continue reading
Hyundai Tweaks 2022 Kona and Kona Electric SUVs
Otherwise, the Kona EV does not incorporate any advances in EV or battery technology. Instead it has a different front fascia design. New headlamps and Daytime Running Lamps provide a different look. New lower fender sculpted vents are aerodynamically functional. In profile, a different alloy wheel design has been optimized for “efficient airflow.” Oh, there are new taillights as well. The real selling points are carryover. Continue reading
2022 Ford Super Duty Pickup Gets 12-Inch Screen
The new, landscape-oriented 12-inch center touch screen with SYNC®4 is standard on Lariat and above models, with physical controls below for quick access to commonly used functions. Occupants can easily multitask functions by splitting the screen to see navigation, music, truck features and the new digital owner’s manual. Continue reading →