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J.D. Power 2024 US APEAL Study Improves Slightly
“Traditional manufacturers have listened to the Voice of the Customer,” said Frank Hanley, senior director of auto benchmarking at J.D. Power. “They’re launching enhanced vehicles that are more in line with what customers want, including improved interior storage and higher quality materials, as well as ensuring features have ease of use. For BEVs, recent launches from traditional manufacturers have surpassed perennial leader Tesla when it comes to owners’ level of emotional attachment and excitement with their new vehicle.” Continue reading
Bosch Buys HVAC businesses from Johnson Controls, Hitachi
The businesses Bosch wants to buy had sales revenue totaling ~€4 billion in 2023, employing ~12,000 people worldwide. The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries. The product portfolio covers vast HVAC products for residential and light commercial buildings. This includes brands such as York and Coleman in the U.S. and Hitachi in Asia, for which Bosch will be granted a long-term license. Continue reading
Posted in electronics, energy, engineering, environment, global warming, manufacturing, marketing, milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Christian Fischer, George Oliver, Johnson Controls International, Johnson Controls-Hitachi Air Conditioning, Jun Abe, Ken Zino, Stefan Hartung, York Coleman Hitachi brands
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NHTSA – 31 Second Consumer Alert on Vehicle Theft
“Each year, vehicle theft costs Americans more than $8 billion. Victims are left handling the aftermath, such as higher insurance premiums and vehicle depreciation if they’re lucky enough to get their vehicle back. More than 1 million vehicles were stolen in 2023, a 25% increase in vehicle thefts over the previous few years,” NHTSA said. Continue reading
Fleet Owners with EVs and Traditional Vehicles Favor EVs
“The electric-vehicle story is much larger than just the retail story,” said Zo Rahim, senior analyst of Research and Market Intelligence at Cox Automotive. “In many ways, electric vehicles can be an ideal solution for many fleet operations, which often have set routes of known distances, vehicles that routinely overnight in the same location, and operations that prioritize the cost of ownership. The fleet business is significant in the U.S. market, and we expect the EV share of the fleet market to expand in the coming years.” Continue reading
Posted in alternative fuels, customer satisfaction, electric vehicles, environment, global warming, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Research and Market Intelligence at Cox Automotive, Zo Rahim
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Mattia Binotto Returns to F1 as CEO at Sauber Motorsport
“I am delighted that we have been able to recruit Mattia Binotto for our ambitious Formula 1 project,“ said Gernot Döllner, CEO of AUDI AG. “With his extensive experience of more than 25 years in Formula 1, he will undoubtedly be able to make a decisive contribution for Audi.“ Following his university degree in mechanical engineering at EPFL in Switzerland, the Italian immediately joined the F1 test team of Ferrari in 1995. He subsequently had various positions, from chief engineer to manager of the engine department and technical director. In 2019 he was additionally appointed as team head of Scuderia Ferrari.” Continue reading
Hyundai Recalls 55,000 Vehicles for Sudden Power Loss
The fuel control valve in the high-pressure fuel pump assemblies equipped in the vehicles could allow excess fuel to enter the fuel pump due to gradual wear of the FCV plunger. An air/fuel mixture that runs too “rich” may result in a reduction or loss of motive power at low speeds, increasing the risk of a crash. The problem resulted in a recall in Korea last month. According to HMC, upon detection of a fault, the vehicle entered a “limp” drive mode that limited acceleration when exceeding 60 MPH. Continue reading
BMW Has Yet Another Airbag Shrapnel Recall
“The inflator for the driver air bag may not have been produced according to specifications by the supplier. In extremely rare cases, the air bag inflator could rupture, which could result in injury or death to vehicle occupants,” BMW claimed in the required NHTSA filing. Continue reading
Goodyear Sells Off-the-Road Tire Arm to Yokohama Rubber
“The sale of the OTR business marks an important milestone as we continue to execute against our Goodyear Forward transformation plan,” said Mark Stewart, Goodyear Chief Executive Officer and President. “We are grateful to our OTR colleagues who have driven the success of the business and are committed to working closely with Yokohama to ensure a smooth transition for customers and associates.” Continue reading
U.S. FHA – $5B More in Large Bridge Project Awards
“For too long America let bridges fall into disrepair, which left people less safe, disrupted our supply chains, and cost people time and money – but now the Biden-Harris Administration is changing that with the biggest investment in our bridges since the Eisenhower era,” said U.S. Transportation Secretary Pete Buttigieg. “There are currently about 3,000 fewer bridges in poor condition than when our administration began, and today we are proud to announce funding to repair or replace 13 of America’s largest and economically significant bridges.” Continue reading
Posted in auto news, economy, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bridge Investment Program, federal highway administration, Ken Zino, Pete Buttigieg, President Biden’s Investing in America agenda, Shailen Bhatt
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Global Light Vehicle June Sales Rate at 89 Million Best in 2024
“Sales accelerated in China last month with the price war continuing, while in the US sales staggered as a result of a cyberattack affecting dealerships. Europe saw a rise in selling rates, thanks to improvements in both East and West Europe. Meanwhile, Japan recorded lagging sales in the face of supply issues and a subdued macroeconomic climate,” said the GlobalData Light Vehicle Sales Forecasting Team. Continue reading
EPA Grant to Holcim U.S. for Clean Cement
In the U.S., Holcim is the largest cement manufacturer and a top five producer of aggregates and ready-mix concrete, with approximately 7000 employees. Holcim’s so-called Environmental Product Declaration (EPD) Accelerator Project will increase the transparency of data on environmental emissions associated with the production of construction materials; generate robust EPDs with a diversity of manufacturers from across the U.S.; and drive market demand for lower carbon construction materials. These projects represent the three construction materials in Holcim’s portfolio: cement, asphalt, and ultra-high-performance concrete. Continue reading
Posted in economy, environment, global warming, manufacturing, milestones, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration, Clean Cement, ENERGY STAR Industrial program, epa, Federal Buy Clean Initiative, high-quality environmental product declarations EPDs, Holcim U.S., Inflation Reduction Act of 2022, Janet McCabe, Ken Zino, Meg McCollister
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Annals of Marketing 2026 – Audi Formula One and bp
“Audi and bp have always worked together successfully in motorsport. We are delighted that we can take this special partnership to the next level in Formula 1. Audi stands for ‘Vorsprung durch Technik’ and bp and Castrol also aspire to deliver the best technologies in the field of fuels and lubricants. This is a perfect match. It is a strong signal for Audi’s future F1 factory team that we have been able to establish this partnership at such an early stage,” said Andreas Seidl, CEO Audi F1 team. Continue reading
Posted in auto news, marketing, milestones, news analysis, performance, racing, shows and events
Tagged Andreas Seidl, Audi F1, Audi Formula One, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, bp, Castrol and Aral brands, Castrol EDGE, Ken Zino, Nicola Buck
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New Porsche Panamera Bests Old Time at Nürburgring
“On the Nordschleife, the transverse dynamic capabilities of a car are particularly important,” said Kern. “The new Panamera has made significant gains in this area. In technically demanding corner sequences in particular, such as between the ‘Hohe Acht’ and ‘Brünnchen’ sections of the track section, it responds with noticeably greater agility.” Continue reading
Stellantis Tanks in First Half of 2024 – Net Profit -48%
“The Company’s performance in the first half of 2024 fell short of our expectations, reflecting both a challenging industry context as well as our own operational issues,” said Carlos Tavares, CEO. “We have significant work to do, especially in North America, to maximize our long-term potential.” Seven or more senior executives have left Stellantis so far this year. Continue reading →