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Category Archives: milestones
History of Japanese Car Making at Toyota Automobile Museum
The exhibition traces the first seven decades of the Japanese auto industry, from its beginnings in the early 20th century to the 1970s, when it established itself as the nation’s key industry. Continue reading
Volkswagen, Ford Expand Cooperation on MEB EV Platform
The first Ford model to use the MEB will be an all-electric crossover. It is expected to roll off the assembly line at the Ford Electrification Center in Cologne from 2023. Ford – lagging in EVs – had originally planned just one model based on MEB with a total volume of around 600,000 units. The company has not yet released any details about the second planned model. Continue reading
Ford to Sell 600k EVs Annually in Europe by 2026?
“It’s also about the pressing need for greater care of our planet, making a positive contribution to society and reducing emissions in line with the Paris Climate Agreement,” said Stuart Rowley, chair, Ford of Europe. Ford – like virtually all automakers with similar pledges – wants to achieve zero emissions for all its vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, it said today. Continue reading
Stellantis Launches Its First Women’s Resource Group to Increase XX Chromosome Management
Women of Stellantis is Stellantis’ first global business resource group, a result of merging its two corresponding groups from its two former companies – FCA, aka Fiat Chrysler, and Peugeot. Globally, Women of Stellantis represents and supports nearly 3,000 current members and allies in 26 countries. Continue reading
Ukraine – Commerce Puts Restrictions on Exports to Russia
The export control measures are the most comprehensive application of Commerce’s export authorities on U.S. items, including technology, as well as on foreign items produced using U.S. equipment, software, and blueprints, targeting a single nation. These were implemented with the cooperation of the United States, the European Union (EU), Japan, Australia, United Kingdom, Canada, and New Zealand. More nations are expected to align their export control policies and requirements with todays actions. “If necessary, based upon any subsequent destabilizing actions by Russia, the U.S. government will follow up in the days to come with additional stringent economic measures,” Commerce said. Continue reading
BMW Takes Majority Share in Chinese JV Brilliance Automotive
BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd., indirectly holds the remaining 25%. Last year, a total of 846,237 BMW Group vehicles were delivered to customers in the Chinese market (+8.9% compared to 2020). In 2021, BBA produced more than 700,000 BMW vehicles, with around 23,000 employees. Continue reading
Building Forward Better – President Biden, DOT, DOE Announce $5B National EV Charging Network
“A century ago, America ushered in the modern automotive era; now America must lead the electric vehicle revolution,” said U.S. Transportation Secretary Pete Buttigieg. “The President’s Bipartisan Infrastructure Law will help us win the EV race by working with states, labor, and the private sector to deploy a historic nationwide charging network that will make EV charging accessible for more Americans.” Continue reading
First Wireless EV Charging Road Slated for Michigan
“As we aim to lead the future of mobility and electrification by boosting electric vehicle production and lowering consumer costs, a wireless in-road charging system is the next piece to the puzzle for sustainability,” said Governor Whitmer. Continue reading
Rolex 24 – Cold Beginning to Start a Sizzling Racing Season
GTD Pro – a new class this year – was the most entertaining racing in AutoInformed’s view. This was a take no prisoners bumping, sideswiping paint-swapping exhibition at high speeds. Mathieu Jaminet and the No. 9 Pfaff Motorsports Porsche 911 GT3 R emerged from a door-banging match with the nearly identical No. 2 KCMG Porsche driven by Laurens Vanthoor through Daytona International Speedway’s Le Mans Chicane on the very last lap of the Rolex 24 At Daytona. It was that way for the two factory Porsche drivers during the final two hours. Continue reading
Posted in milestones, news analysis, racing
Tagged auto industry commentary, autoinformed.com, Daytona, imsa, Ken Zino, Rolex 24 At Daytona
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Stellantis Doubles China Sales, Bolsters and Consolidates Aftermarket as Jeep Sales Plunge
In an announcement that foreshadows details on Stellantis’ plan for the Chinese market that will be announced as part of a global strategic plan on 1 March 2022, the French conglomerate said Dongfeng Motor* sold more than100,000 vehicles in 2021. This doubled the annual sales volume of 2020. Continue reading
EVs – at $7B GM Makes Largest Announcement in History
“Today we are taking the next step in our continuous work to establish GM’s EV leadership by making investments in our vertically integrated battery production in the U.S., and our North American EV production capacity,” said Mary Barra, GM Chair and CEO. Continue reading
MLK – Changes in African American People Since 1964
In noting Martin Luther King day, here are data* about African Americans relating to differences between 1964 and 2020 in the percentage of African Americans completing high school, the number of African American college students, and the percentage of citizen population voting in the United States. Continue reading
Used Car Marketplace Catch Up? GM introduces CarBravo
CarBravo uses the resources of GM, GM Financial and the GM dealer network to create a flexible, shopping and buying service that is already in full use at True Car, Edmunds, Autotrader, Cars Direct and AutoNation, among others. Major automakers have been slow to use the resources of the web, but Covid has forced changes in standard business practices across the vast automotive industry and the aftermarket. Continue reading
Rolls-Royce Motor Cars Posts Highest Sales in 117 Years
The company said that growth came principally by Ghost sales, with demand increasing following the launch of Black Badge Ghost in October 2021. This, together with sales of the Cullinan and the marque’s pinnacle product, Phantom, means that at the moment order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned or used) also posted an all-time record. Continue reading
Posted in milestones, sales
Tagged auto industry commentary, autoinformed.com, bmw group, Ken Zino, Rolls-Royce Motor Cars
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Autonomous – GM Ups Stake in Cruise and Buys out Softbank
Cruise has made self-driving cars a reality and is arguably the leader on the pathway to commercial autonomous ridesharing and delivery, creating significant value for both GM shareholders and Cruise’s minority shareholders. Since Cruise was founded in 2013, it has run more than 2 million autonomous miles in California. It has 300+ all-electric AVs on roads in San Francisco and Phoenix. Funding is more than $9 billion with ~1900 employees, with a market valuation of, gulp, +$30 billion. Continue reading →