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Category Archives: results
WEC: Toyota Wins in Bahrain
“I would like to express my deepest gratitude to all those who supported TOYOTA GAZOO Racing in the World Endurance Championship this season,” said Akio Toyoda, President, Toyota Motor Corporation. “Going to Le Mans to be together with our team in our fight there this June resulted in a personally and truly frustrating experience. And I am aware that our performance in that race brought frustration to our fans, as well. Other grueling races followed, and, amid it all, we learned of Porsche’s planned withdrawal from the WEC. After last year’s Le Mans, Porsche recognized us as a rival. By battling it out with such rivals as Porsche, I think we were able to heighten our technical prowess, making us faster and stronger. As we went up against Porsche, all our team members, including me, had the same thought in our hearts: we hate to lose.” Continue reading
Ford, Zotye Ink Chinese JV Agreement on Electric Vehicles
Pending regulatory approval – all but certain in the government directed economy – the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market. The establishment of the JV is a combined investment of 5 billion RMB (~ $756 million). Continue reading
Shanghaied! Porsche Takes Third Straight Endurance Driver’s Title
Toyota has yet to announce if it will return to LMP1 next year – right now they are the only factory entrant with, oh, potentially $100 million investment needed. Continue reading
Posted in electric vehicles, racing, results
Tagged autoinformed.com, Ken Zino, lemans, Porsche wec, Toyota wec, wec, World Endurance Cup Shanghai 2017
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Offshore Brand US Auto Sales Rose During a So-So October
Even though Trump hasn’t implemented his promised offshore tax on imports or took on China for its currency manipulation and trade practices, international brands once again controlled the U.S. auto market during September by selling 748,614 vehicles, commanding 55.3% of … Continue reading
Unions Battle Precarious Work, Global Warming at Shell
The meeting highlighted the increasing use of precarious workers and contracts, particularly in countries such as Nigeria, Argentina and the Netherlands. In Nigeria, studies have shown that Shell employs more than 50,000 contract workers compared to only 4,500 permanent employees. Continue reading
General Motors Sets Q4 2017 Dividend at 38 Cents
GM shares have moved higher since September – about +29.5% for the year. The company claims it is concentrating on ridesharing – the Lyft semi-acquisition looks brilliant – electric vehicles and self-driving cars. GM is also adding Maven Gig to more cities. Continue reading
Posted in financial results, news analysis
Tagged autoinformed.com, General Motors Co, gm dividend, GM Q3 Earnings, Ken Zino, lyft, Maven Gig, NYSE: GM
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Consumer Reports: Infotainment, Transmissions Hurt Reliability. Detroit Three Quality Dismal
“These new technologies can add features and improve fuel efficiency, but are more prone to have issues. Often our data suggests it’s prudent for consumers to wait for the technology to mature” said Jake Fisher of CR. Continue reading
Bad Breaks, err Brakes – 640,000+ Dodge Durango, Jeep Grand Cherokee SUVs Recalled for Brake Failures. Again.
Affected vehicles – and the failure rate is a, gulp, non-skid-mark producing 41%, yes 415 – may have had incorrect dealer installation of a brake booster shield as part of recall P14 (NHTSA 14V-154). Continue reading
NAFTA Talks Stalled. Doomed?
There are three main options if the NAFTA negotiators do not reach a new agreement: the parties could continue to negotiate, knowing that there would be limited time to get the agreement approved in all three countries; the three countries could agree to continue trading under the existing agreement; or one or more parties could withdraw from NAFTA, effectively terminating the agreement. Continue reading
Deal in Ontario, Québec Class Actions against Ford. Quality, Customer Satisfaction, Repair Steps Taken in U.S., Mexico
If the Settlement is approved by the Ontario and Québec Courts, and if an owner submits a valid claim form and the required supporting documentation, Ford will reimburse certain out-of-pocket expenses incurred for repairs to address exhaust odor. Continue reading
Chinese Junk Recall – Martha Stewart Whiteware Cake Knife
Macy’s Recalls Martha Stewart Whiteware Cake Knife and Server sets due to cutting hazard for users including U.S. Military personnel. Continue reading
Ford Dropping Car Business – Reallocating $7B in Capital
It’s time for Ford to reorganize yet again. This time around it’s as radical a turnaround plan as ever seen in Dearborn with Ford essentially ceding the car market to other major auto makers and reallocating the $7 billion saved to bets – with wildly uncertain odds – in the connected car and autonomous car areas, as well as the newly emerging interactive road system. Continue reading
Posted in autonomous vehicles, economy, electric vehicles, environment, fuel economy or emissions, news analysis
Tagged autoinformed.com, autonomous vehicles, battery electric vehicles, bevs, connected vehicles, cyber security, FMC CEO Jim Hackett, Ken Zino, silicon valley, smart vehicles and roads
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U.S. Sales Drop in September. Domestics Struggle with Cars
September U.S. auto sales dropped notably when compared to September 2016, but were still relatively strong, according to AutoData. It said that the seasonally adjusted annual rate (SAAR) in September was 17.76 million units compared to 18.05 million units a … Continue reading
Lies and Deflections Worth Noting on Virgin Islands & Puerto Rico from Bureaucrats Doing Nothing to help U.S. Citizens
“We are dying, and you are killing us with the inefficiency, and the bureaucracy,” San Juan Mayor Carmen Yulín Cruz said Friday at a news conference. She highlighted donations from companies and others, including 200,000 pounds of food donated by Goya, as a contrast to federal help. Continue reading
DENSO to Spend $1 billion in Tennessee
Globally, DENSO claims to be a leading developer of electrification systems for automobiles, tasks involved in vehicle safety and security, and newer areas that connect vehicles and society. These systems will play a crucial role in meeting increasing electric vehicle demand, says DENSO. Continue reading
