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Category Archives: results
US Cuts Deal with UAW Union on Reform, Corruption and Fraud
In a partial UAW victory, the civil lawsuit was not filed pursuant to the federal anti-racketeering RICO law because the investigation by the United States did not uncover any involvement by organized crime or the mafia in the operations of the UAW. Instead, the civil complaint sets forth in detail a series of corrupt and fraudulent acts by former officers and board members of the UAW, as well as executives of Fiat Chrysler Automobiles. GM’s RICO lawsuit against FCA is ongoing. Continue reading
US, Mexican Volkswagen Plants to Link with Industrial Cloud
The Industrial Cloud is an IT platform, designed to gather and analyze data from all connected Volkswagen Group facilities on a real-time basis to help increase efficiency and productivity. Volkswagen’s three North American plants are the first outside Europe to be networked with the Industrial Cloud. The three Volkswagen locations are expected to be connected by the end of the year. As early as spring 2021, Chattanooga, Puebla and Silao could access standardized software applications that are available for all factories in the Volkswagen Group connected to the Industrial Cloud. Continue reading
Toyota to Cut AA Shares for Sustainable Development
If the transaction proceeds, shareholders who by exercising their voting rights to a “high degree” have actively participated in the management of TMC will no longer be of concern to TMC management. Environmental, social and corporate governance issues – so-called ESGs – are at the heart of a growing movement to measure the sustainability and societal impact of an investment in a company or business. The theory – yet to be convincingly proven in AutoInformed’s view – is that this will help predict the future financial performance of companies. Continue reading
Milestones – 10th Anniversary of First US LEAF Delivery
Produced at plants in the U.S., Japan, and the U.K., the Nissan LEAF is sold in 59 markets around the world. Continue reading
CARB Regulation Limits Chemical Refrigerants to Lower Levels
The refrigerants, known as hydrofluorocarbons or HFCs, are super pollutants because they trap heat in the atmosphere thousands of times more effectively than carbon dioxide, the most prevalent greenhouse gas. These rules can serve as a national model for super pollutant reduction and come at a time when the newly elected Biden Administration is promising to do something about Global Warming after years of Republican resistance or malfeasance. Continue reading
A £70,000 Drink? Warns RoadSmart Charity
The charity has calculated that the personal financial cost of drink driving could be as high as £70,000 ($93,715) or more when considering fines, legal fees, higher car insurance premiums, alternative transport costs and potential loss of earnings following conviction. Continue reading
Mercedes-Benz Vans eSprinter on New Versatility Platform
As government regulations and customer preferences prompt the ecological and economic advantages of battery-electric vans, MB will not be alone in this endeavor. The Ford Transit – to name just one competing offering – is also well along the way toward electrification. Moreover Toyota and Hino appear to be leading in the use of hydrogen fuel in electric commercial trucks. All makers will eventually push forward plans to bring electrically powered vans to market in all segments. Continue reading
Trump’s Losing Trade Wars – Auto and Other Deficits Grow
Despite magical thinking – and bluster from the ousted Trump Administration, the October imports of automotive vehicles, parts, and engines ($32.2 billion) were the highest since July 2019 ($32.4 billion). Continue reading
Posted in economy, results
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, trade wars, US Trade deficit
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English Covid Crisis Reigns. November Auto Sales Drop 27.4%
During November when showrooms across England had to close due to new lockdown restrictions, the industry recorded 113,781 new registrations, taking trade back to levels last seen during the 2008 Great Recession. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, SMMT, UK auto sales
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A Grim Covid Reaper Lurks as November US Auto Sales Drop
New light-vehicle sales fell to 1.19 million light vehicles in November – a likely foreshadowing of things to come as the Covid virus runs rampant in the US in a surge of the waning days of the Trump Administration, which ignored the crisis with the result it lost a reelection. One American is now dying every 34 seconds, unemployment is rising, and an earlier Covid federal relief package expires at the end of December meaning extended unemployment benefits and help for small businesses will evaporate as millions will face evictions. Continue reading
Posted in economy, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, US Sales November 2020
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GM Signs MoU with Nikola to Supply Hydrotec Fuel Cells
Despite decades of fuel cell research, GM appears to be far behind Toyota in the market use of fuel cell commercial vehicles – increasingly looking like a mandatory segment for survivors of the commercial truck wars. Continue reading
Whither US Vehicle Sales in 2021? Is 14 Million a Stretch?
AutoInformed puts it to you thus: This is the market price of failed ideologies grimly held by blind true-believers who ignore real data-backed consequences, scientists, epidemiologists, economists and political scientists to their own detriment – if not indeed their own self destruction. Continue reading
NHTSA Imposes Engine Recalls, Penalties at Hyundai, Kia
These consent orders do not affect separate, ongoing investigations by NHTSA’s Office of Defects Investigation regarding allegations of non-crash fires in certain Hyundai and Kia vehicles, some of which are equipped with Theta II engines. Continue reading
Toyota and Hino Heavy-Duty Fuel-Cell Electric Truck Verification Tests Start in the Spring of 2022
The goal is to accelerate the early commercial application of heavy-duty FCETs contributing to the development of a sustainable society. The air quality goals may be achieved, at least in part, by reducing CO2 emissions from heavy-duty trucks, which account for approximately 70% of all CO2 emissions from commercial vehicles in Japan. Continue reading
EU – Truck Makers Agree to Be Fossil-Fuel-Free By 2040
This is a bold move considering that ~97% of new European trucks sold are powered with diesel engines. It also underscores a growing movement of citizen voters who hold corporations accountable for negative social effects produced by their goods and services. The incoming President Biden Administration has promised to address environmental issues mocked by loser Trump and has already said it will rejoin l’accord de Paris. This agreement is within the United Nations Framework Convention on Climate Change (UNFCCC), dealing with greenhouse-gas-emissions mitigation. AutoInformed thinks that it is only a question of time before a similar deal is put in place in the US. Continue reading →