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Category Archives: milestones
Global Automakers in the US Out-Build Detroit 3 During 2023
The American International Automobile Dealers Association (AIADA) and Autos Drive America in their 2024 Economic Impact Report say that during 2023, for the first time, international automakers in the United States out-produced the Detroit 3 automakers. Last year, Autos Drive America’s members produced 4.9 million light vehicles in the U.S. compared to 4.6 million produced by the Detroit 3. In total, last year 8.7 million new vehicles were sold in 9401 international nameplate dealership franchises, accounting for 57% of all new vehicle sales in 2023. Continue reading
Biden Administration – $1.6B in Semiconductor Manufacturing
The US Department of Commerce today published a Notice of Intent (NOI) to open a competition for new research and development (R&D) activities that it said will establish and accelerate domestic capacity for semiconductor advanced packaging. The CHIPS for America program predicts that up to $1.6 billion in funding will go to five R&D areas. These were first outlined in the vision for the National Advanced Packaging Manufacturing Program (NAPMP). Through potential cooperative agreements, CHIPS for America would make several awards of ~$150 million federal funding per award in each research area. Continue reading
Posted in economy, electronics, manufacturing, milestones, news, news analysis, shows and events, software defined vehicles
Tagged advanced node chips, Arati Prabhakar, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, CHIPS for America, Ken Zino, National Advanced Packaging Manufacturing Program, US Department of Commerce, US Secretary of Commerce Gina Raimondo
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Stellantis Adds Another $55 Million to Archer Aviation
“Few things rival the excitement of seeing a dream take flight. I applaud the innovation, expertise and hard work of the engineering and manufacturing teams from Stellantis and Archer,” said Carlos Tavares, Stellantis CEO. “With this additional investment in Archer, we remain on course for a future where freedom of mobility extends beyond today’s roads.” Continue reading
Posted in aviation, economy, electric vehicles, environment, milestones, mobility company, news analysis, transportation
Tagged Adam Goldstein, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, electric vertical takeoff and landing aircraft, eVTOL aircraft, Ken Zino, NYSE: ACHR, NYSE: STLA
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First Gen Four BMW 1 Series Made in Leipzig
The first of the fourth-generation BMW 1 Series came off the production line at BMW Group Plant Leipzig today. BMW said it was a 120 model in Alpine White for a customer in Germany.* The new BMW 1 Series is due for market launch in October 2024. When first introduced in 2007, the 1-series was a successful bet that a small hatchback doesn’t need to equate to cheap. Continue reading
Honda CR-V Fuel Cell EV – $389 a Month!
Honda this week announced lease options for the 2025 Honda CR-V e:FCEV, America’s first production plug-in hydrogen fuel cell electric vehicle. The zero-emissions compact CUV will be available in California starting 9 July, with three leasing options, at $389, $459, and $489 per month. This is a form of space age NASA advanced technology at Honda prices without the requisite trip to the moon, unless you have those views about California. Continue reading
Posted in auto news, electric vehicles, energy, environment, fuel economy or emissions, global warming, milestones, mobility company, new vehicle, news analysis
Tagged 2025 Honda CR-V e:FCEV 2025 Honda CR-V Fuel Cell Lease Pricing, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Hydrogen Fuel Credits, Ken Zino
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Michigan Central Station Reopening June 6th
“Michigan Central means a great deal to us all. In many ways, this building tells the story of our city. This Station was our Ellis Island – a place where dreamers in search of new jobs and new opportunities first set foot in Detroit. But once the last train pulled out, it became a place where hope left. In 2018, I decided it was time to change that by re-imagining this station as a place of possibility again. Over the past six years, Ford Motor Company and teams of forward thinkers, designers, community leaders, and more than 3000 skilled tradespeople have worked to bring this landmark back to life,” said Ford Executive Chair Bill Ford. Continue reading
Posted in auto news, economy, electronics, engineering, environment, milestones, mobility company, shows and events, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Beaux-Arts buildings, Detroit’s Corktown neighborhood, Ford and Michigan Central, Ford Executive Chair Bill Ford, Joshua Sirefman, Ken Zino
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OPTIQ EV- Cadillac Introduces an Entry Level Compact SUV
Cadillac today revealed the new 2025 OPTIQ, an entry-level Cadillac luxury EV. OPTIQ is the least-expensive EV in lineup. This is Cadillac’s fourth EV, positioned below the barely-selling LYRIQ mid-size crossover, with a base price of ~$59,000. This fall OPTIQ joins the expensive ~$300,000+ CELESTIC sedan and the Escalade SUV (~ $130,000). Next year, the VISTIQ appears in showrooms. OPTIQ pricing starts at an estimated $54,000 for the Luxury trim, Sport will be more expensive [footnote 10],* including destination charges, excluding tax, title, license, and dealer fees. Obvious competitors include Tesla Model Y, Ford Mustang Mach-E, Mercedes-EQ EQB, and Lexus RZ. Continue reading
New Porsche 911 Carrera, GTS Carrera Hybrids Debut
Porsche is offering the new 911 Carrera as a coupé at a starting price of €128,700 including VAT and country-specific equipment. Prices for the 911 Carrera GTS Coupé start at €170,600. The price of the optional aero kit package for the 911 Carrera GTS is €2713.20, including VAT and country-specific equipment. Deliveries in Germany will begin in late summer for the 911 Carrera, and in late 2024 for the 911 Carrera GTS. Continue reading
Posted in connected vehicles, electric vehicles, environment, global warming, milestones, new vehicle, performance, shows and events
Tagged 2024 911 performance hybrid, 911 Carrera GTS Coupé, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, new 911 Carrera GTS, Oliver Blume
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Hydrogen – Plug Power Energy Gets $1.6B Loan Guarantee
“Advancing clean hydrogen is a key component of the Biden-Harris Administration’s whole-of-government approach to building a robust clean energy economy that creates healthier communities, strengthens energy security, and delivers new economic opportunities across the nation. Today’s announcement will help unlock the full potential of this versatile fuel and support the growth of strong, American-led industry that ensures the United States remains at the forefront of the global economy for generations to come,” said Jigar Shah, Director of the Loan Programs Office. Continue reading
Posted in alternative fuels, awards, economy, environment, fuel economy or emissions, global warming, milestones, news analysis, public health, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, clean energy economy, clean hydrogen, DOE Hydrogen Program, Hydrogen Interagency Task Force, Jigar Shah, Ken Zino
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Honda and IBM MoU on Software-Defined Vehicles
“The MOU outlines areas of potential joint research of specialized semiconductor technologies such as brain-inspired computing *[2 ] and chiplet technologies, with the aim to dramatically improve processing performance while, simultaneously, decreasing power consumption. Hardware and software co-optimization is important to ensure high performance and fast time to market. To achieve such benefits and manage design complexity for future SDVs, the two companies also plan to explore open and flexible software solutions,” Honda said in a release from Tokyo. Continue reading
Posted in auto news, autonomous vehicles, connected vehicles, electronics, milestones, mobility company, news analysis, software defined vehicles, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, automotive software, hardware and software co-optimization, Honda and IBM, Ken Zino, software-defined vehicles
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Chinese EV Trade War Commences
The Biden Administration has announced today that it will increase tariffs under Section 301 of the Trade Act of 1974 passed overwhelmingly under the Republican President Gerald Ford administration on $18 billion of imports from China to protect American workers and businesses.
“The President’s actions reflect the conclusions of U.S. Trade Representative Katherine Tai’s mandatory four-year review that China continues to engage in unfair practices, such as forced technology transfer and restrictions and intellectual property theft from U.S. companies,” media were told on a background briefing by National Economic Advisor Lael Brainard and Senior Administration Officials. Continue reading
Posted in auto news, AutoInformed Editorial, blog, economy, electric vehicles, fuel economy or emissions, manufacturing, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, department of energy, Ken Zino, Section 301 of the Trade Act of 1974, Section 301 tariffs, solar cell imports from China, steel and aluminum imports from China, U.S. Secretary of Commerce Gina Raimondo, U.S. Trade Representative Katherine Tai
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Largest Ever Clean Air Act Fine Imposed on Marathon Oil
The Justice Department and Environmental Protection Agency (EPA) have reached a settlement with Marathon Oil Company* over Clean Air Act violations at the company’s oil and gas production operations on the Fort Berthold Indian Reservation in North Dakota. The settlement requires that Marathon pay a civil penalty of $64.5 million, the largest ever for violations of the Clean Air Act at stationary sources, which include downstream facilities such as oil and gas tank systems. Under the settlement agreement, Marathon will implement extensive compliance measures to achieve major reductions in harmful emissions from more than 200 facilities across the state. Continue reading →