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Category Archives: results
CARB Fines Flagship, a Ford Specialty Vehicle Maker
Vehicles sold new in California must be certified to meet California emissions standards. Modifications to a vehicle’s emissions equipment prior to the sale alters the original certification. Continue reading
Covid: Census Says Construction Better Off, More Optimistic Than Other Small Businesses
“These companies of one to 499 employees provided important new insights into the effects of the pandemic,” said Jane A. Callen of the Census Bureau. It doesn’t appear to have anything to do with the Trump Administration’s voter suppression efforts that us Federal Agencies such as Census to subvert our democracy. Continue reading
Timely Tide Tracks: Ford Helps RNLI with Water Safety
Ford says it aims to support the lifesaving charity to educate people on and raise awareness of key beach safety advice. The custom tires have been designed to leave 3 key water safety messages in the sand, including ‘float to live’, ‘no inflatables’, and ‘emergency? call 999’. Continue reading
Posted in milestones, people, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, RNLI, water safety
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Toyota and Amazon Web Services Working on Connected Cars, Ridesharing, Driving Behavior-Based Insurance…
It’s the latest example of an emerging trend among automakers to offer owners and lessees thus far unclear advantages of processing and analyzing data from vehicle use from Toyota’s growing worldwide fleet of connected vehicles. Nowhere in the announcement was an acknowledgement that the use of such customer data raises vast unaddressed privacy, security and law enforcement concerns. Continue reading
WEC SPA – Toyota One-Two. 24 Hours of Le Mans Next
After days of sunshine and high temperatures, the frequently variable Spa weather struck just over an hour before the start, with a heavy rainstorm causing the race to begin behind the safety car. It would have been a vastly different race and outcome if it had remained dry as the rwd Rebellion was clearly faster, until it got wet and had to run against the awd Toyotas. Continue reading
Posted in performance, racing, results
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, lemans, WEC SPA Six Hours
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Software – 2020 Corvette Recall for Trunk Release Failure
GM engineers determined that, under certain conditions, the voltage generated by the button is insufficient to wake the vehicle from sleep mode, rendering the button inoperative while the vehicle is in that mode. Continue reading
Posted in customer satisfaction, quality, safety
Tagged auto industry commentary, autoinformed, autoinformed.com, corvette recalls, FMVSS 401, Ken Zino, nhtsa
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Mazda, Toyota Add Money to Manufacturing in Alabama
It also insiders say makes production line enhancements made to improve processes supporting unannounced Mazda vehicle and design changes and to the thus far unknown Toyota SUV that will be produced at the plant. Continue reading
Posted in manufacturing, milestones, new vehicle
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino, Mazda Toyota Manufacturing, MTM
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RumbleOn Posts Q2 Profit of $8.5m, 10.0% of Revenue
“The COVID-19 pandemic has brought headwinds and tailwinds to this industry,” said Marshall Chesrown, Chief Executive Officer. “Thus far in the third quarter we are experiencing the highest online activity, strongest demand and highest valuations we have seen in our history.” Continue reading
Chinese Junk Watch – Intertex Recalls Blowers For Fires
Each blower has convenience outlets on the side of the unit to allow the blowers to be “daisy chained” (several blowers plugged together in series) or other devices to be plugged in. Continue reading
Death of the Diesel: Daimler in US to Pay $1.5B for Noxious Diesel Emissions Fraud
For the settlements with the U.S. authorities, Daimler expects costs of approx. USD 1.5 billion* (€1.27 billion). The estimated cost of the class action settlement is ~$700 million (~ €592 million) including the court’s anticipated award of attorneys’ fees and costs. In addition, Daimler estimates further expenses of a mid-three-digit-million Euro amount to fulfill requirements of the settlements. Continue reading
Michigan and Cavnue to Create Autonomous Vehicle Lanes Linking Ann Arbor and Detroit
The project will draw on an advisory committee of automotive and autonomous mobility companies, including Ford, GM, Argo AI, Arrival, BMW, Honda, Toyota, TuSimple, & Waymo. Notably absent is Fiat Chrysler. (See AutoInformed.com on “Bye Bye FCA and PSA. Hello Stellantis”) Continue reading
Posted in autonomous vehicles, economy, milestones, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, Ken Zino
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Most Say COVID Restrictions Nixed Too Quickly
As a growing number of states struggle with a drastic rise in corona virus cases, 69% of Americans say their greater concern is that state governments have been lifting restrictions on public activity too quickly. Continue reading
BMW Posts $786 Million Loss in Q2. Sales Off -25%
“At this point, we are cautiously optimistic about the second half of the year. The new BMW 2 Series Gran Coupé, 4 Series Coupé, the 5 Series, the 6 Series Gran Turismo and the iX3, along with plug-in hybrids like the X2, 3 Series Touring, and 5 Series will all create fresh momentum,” claimed Oliver Zipse, Chairman of the Board of Management of BMW AG. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed, autoinformed.com, BMW Group AG, Ken Zino
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BorgWarner Cops SEC Plea for Materially Misstating Financial Statements Concerning Asbestos Litigation
According to the SEC’s order, BorgWarner did not conduct any substantive quantitative analysis to estimate these asbestos claims, despite possessing nearly 40 years of historical raw claims data. BorgWarner also admitted that its internal controls over financial reporting were ineffective. Continue reading →