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Category Archives: results
New Porsche 911 Carrera, GTS Carrera Hybrids Debut
Porsche is offering the new 911 Carrera as a coupé at a starting price of €128,700 including VAT and country-specific equipment. Prices for the 911 Carrera GTS Coupé start at €170,600. The price of the optional aero kit package for the 911 Carrera GTS is €2713.20, including VAT and country-specific equipment. Deliveries in Germany will begin in late summer for the 911 Carrera, and in late 2024 for the 911 Carrera GTS. Continue reading
Posted in connected vehicles, electric vehicles, environment, global warming, milestones, new vehicle, performance, shows and events
Tagged 2024 911 performance hybrid, 911 Carrera GTS Coupé, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, new 911 Carrera GTS, Oliver Blume
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Volkswagen Group Recalls ID.4 EVs for Bad Software
Volkswagen Group of America is recalling ~80,000 2021-2023 ID.4 compact electric SUVs. Bad software in the affected electric vehicles may have center displays and instrument panel displays from LG Electronics in Poland that do not boot, or that sporadically reset. This can result in loss of speedometer information or loss of rearview camera image. Continue reading
Posted in customer satisfaction, electric vehicles, electronics, engineering, mobility company, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Federal Motor Vehicle Safety Standard 101 and 110, Ken Zino, LG Electronics in Poland, NHTSA 24V344. ID.4 recalls, software recalls, Volkswagen Group of America recalls
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Hydrogen – Plug Power Energy Gets $1.6B Loan Guarantee
“Advancing clean hydrogen is a key component of the Biden-Harris Administration’s whole-of-government approach to building a robust clean energy economy that creates healthier communities, strengthens energy security, and delivers new economic opportunities across the nation. Today’s announcement will help unlock the full potential of this versatile fuel and support the growth of strong, American-led industry that ensures the United States remains at the forefront of the global economy for generations to come,” said Jigar Shah, Director of the Loan Programs Office. Continue reading
Posted in alternative fuels, awards, economy, environment, fuel economy or emissions, global warming, milestones, news analysis, public health, shows and events, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden-Harris Administration, clean energy economy, clean hydrogen, DOE Hydrogen Program, Hydrogen Interagency Task Force, Jigar Shah, Ken Zino
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May 2024 US New Vehicle Sales Forecast Up
US new-vehicle sales for May 2024, including retail and non-retail transactions, are forecast at 1,446,800, a 2.9% increase from May 2023 on a selling day adjusted basis, according to a joint forecast from J.D. Power and GlobalData.* May 2024 has … Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Elizabeth Krear, GlobalData, j.d power, Jeff Schuster, Ken Zino, May 2024 US Sales forecast, May 2024 US Vehicle sales forecast, Thomas King
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Honda 2025 Civic Hybrid – Most Powerful and Safest Ever
“The new Civic hybrid is a perfectly-timed addition to the Honda lineup as hybrid-electric sales continue to grow, providing Honda with an important building block toward 100% zero-emissions vehicle sales by 2040,” said Lance Woelfer, assistant vice president of Honda National Auto Sales, American Honda Motor Company. “Honda hybrid-electric models represented over one-quarter of our overall brand sales in 2023, and the fun-to-drive Civic hybrid is a fantastic new product at the gateway of our popular electrified lineup along with Accord hybrid, CR-V hybrid and the all-electric Prologue.” Continue reading
Posted in auto news, connected vehicles, electric vehicles, engineering, fuel economy or emissions, marketing, mobility company, safety
Tagged 2025 Civic, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Honda two-motor hybrid system, Ken Zino, Lance Woelfer
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Team Penske Front Row for 108th Indianapolis 500, But…
Chevrolet now holds 13 earned pole awards historically, and seven in the 2.2-liter twin turbo V6 era since 2012. Reigning Indianapolis 500 winner Josef Newgarden led the two-hour practice today as teams shifted from the all-out speed of PPG Presents Armed Forces Qualifying last weekend to stable setups for the race Sunday, 26 May. Newgarden turned a best lap of 226.238 mph in the No. 2 Shell Powering Progress Team Penske Chevrolet. However, 17 of the 33 starting positions are occupied by Honda, always a formidable racing competitor on any track. Continue reading
Posted in marketing, news, people, results, shows and events
Tagged 108th Indianapolis 500, Andretti Global with Curb-Agajanian, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, indycar, Josef Newgarden, Ken Zino, Pennzoil Team Penske Chevrolet, Scott McLaughlin, Shell Team Penske Chevrolet, Tom Blomqvist AutoNation/Arctic Wolf Honda of Meyer Shank Racing, Verizon Team Penske, Will Power
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April Global Light Vehicle Sales Tick Up Slightly
The Global Light Vehicle (LV) selling rate was 86 million units annually in April 2024, a modest improvement on the previous month, according to an analysis just released by the respected GlobalData consultancy.* With 6.8 million vehicles sold in April, this was a 2.8% improvement year-on-year (YoY), with year-to-date (YTD) sales increasing 3.8%.
Regional selling rates continued to see mixed results GlobalData said. In the US, the selling rate grew month-on-month (MoM). China’s selling rate eased despite the continuation of the price war. Europe also saw a moderate contraction in the selling rate in April versus March. In Japan, sales bounced back after production disruptions at major brands. Continue reading
Honda and IBM MoU on Software-Defined Vehicles
“The MOU outlines areas of potential joint research of specialized semiconductor technologies such as brain-inspired computing *[2 ] and chiplet technologies, with the aim to dramatically improve processing performance while, simultaneously, decreasing power consumption. Hardware and software co-optimization is important to ensure high performance and fast time to market. To achieve such benefits and manage design complexity for future SDVs, the two companies also plan to explore open and flexible software solutions,” Honda said in a release from Tokyo. Continue reading
Posted in auto news, autonomous vehicles, connected vehicles, electronics, milestones, mobility company, news analysis, software defined vehicles, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, automotive software, hardware and software co-optimization, Honda and IBM, Ken Zino, software-defined vehicles
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Chinese EV Trade War Commences
The Biden Administration has announced today that it will increase tariffs under Section 301 of the Trade Act of 1974 passed overwhelmingly under the Republican President Gerald Ford administration on $18 billion of imports from China to protect American workers and businesses.
“The President’s actions reflect the conclusions of U.S. Trade Representative Katherine Tai’s mandatory four-year review that China continues to engage in unfair practices, such as forced technology transfer and restrictions and intellectual property theft from U.S. companies,” media were told on a background briefing by National Economic Advisor Lael Brainard and Senior Administration Officials. Continue reading
Posted in auto news, AutoInformed Editorial, blog, economy, electric vehicles, fuel economy or emissions, manufacturing, milestones, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, department of energy, Ken Zino, Section 301 of the Trade Act of 1974, Section 301 tariffs, solar cell imports from China, steel and aluminum imports from China, U.S. Secretary of Commerce Gina Raimondo, U.S. Trade Representative Katherine Tai
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Porsche 911 Hybrid Debuts on 28 May
Porsche said this morning in in Stuttgart that a hybrid-drive 911 sports car has completed development and will premiere on 28 May 2024. It is said to be 8.7 seconds faster than its predecessor on the Nürburgring, the track that is often used by marketers of performance sports cars for bolstering credulity of claims. Porsche performance claims have an extremely high degree of certainty in AutoInformed’s experience. Continue reading
Posted in auto news, electric vehicles, environment, fuel economy or emissions, global warming, milestones, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Frank Moser, Jörg Bergmeister, Ken Zino, nürburgring, porsche 911
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Honda Post Record Operating Profit of $7B in FY 24
“In FY25, we will steadily proceed with dedicating resources towards electrification and aim to achieve operating profit of ¥1 trillion 420 billion and an operating profit margin of 7%, which is one year ahead of our original target,” said Toshiro Mibe, Director, President and Executive officer. He was the first Honda chief executive in history to attend the annual results conference. Normally, the finance staff conducts it with regional operating officers. Continue reading
Toyota Motor Posts Record FY24 Net Income of $39.1B
“We faced many challenges, including those posed by COVID-19 and production restrictions due to tight semiconductor supplies, but the results showed the efforts of each front-line employee, including those of our suppliers and dealers, each recognized what they needed to do and acted accordingly, and a management structure and profit structure that was built to be resilient to crises,” said Koji Sato, president. Continue reading
UAW Petitions NLRB Over Mercedes Alabama Vote
Over 2000 Mercedes workers voted yes to win their union after an unprecedented, illegal anti-union campaign waged against them by their employer. What that tells us is that in a fair fight, where Mercedes is held accountable to following the law, workers will win their union. All these workers ever wanted was a fair shot at having a voice on the job and a say in their working conditions. And that’s what we’re asking for here. Let’s get a vote at Mercedes in Alabama where the company isn’t allowed to fire people, isn’t allowed to intimidate people, and isn’t allowed to break the law and their own corporate code, and let the workers decide,” the UAW said in a statement to AutoInformed. Continue reading →