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Category Archives: results
Michigan Central Station Reopening June 6th
“Michigan Central means a great deal to us all. In many ways, this building tells the story of our city. This Station was our Ellis Island – a place where dreamers in search of new jobs and new opportunities first set foot in Detroit. But once the last train pulled out, it became a place where hope left. In 2018, I decided it was time to change that by re-imagining this station as a place of possibility again. Over the past six years, Ford Motor Company and teams of forward thinkers, designers, community leaders, and more than 3000 skilled tradespeople have worked to bring this landmark back to life,” said Ford Executive Chair Bill Ford. Continue reading
Posted in auto news, economy, electronics, engineering, environment, milestones, mobility company, shows and events, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Beaux-Arts buildings, Detroit’s Corktown neighborhood, Ford and Michigan Central, Ford Executive Chair Bill Ford, Joshua Sirefman, Ken Zino
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OPTIQ EV- Cadillac Introduces an Entry Level Compact SUV
Cadillac today revealed the new 2025 OPTIQ, an entry-level Cadillac luxury EV. OPTIQ is the least-expensive EV in lineup. This is Cadillac’s fourth EV, positioned below the barely-selling LYRIQ mid-size crossover, with a base price of ~$59,000. This fall OPTIQ joins the expensive ~$300,000+ CELESTIC sedan and the Escalade SUV (~ $130,000). Next year, the VISTIQ appears in showrooms. OPTIQ pricing starts at an estimated $54,000 for the Luxury trim, Sport will be more expensive [footnote 10],* including destination charges, excluding tax, title, license, and dealer fees. Obvious competitors include Tesla Model Y, Ford Mustang Mach-E, Mercedes-EQ EQB, and Lexus RZ. Continue reading
UAW Strikes Again – This Time at Penske Logistics in El Paso
Members of UAW Local 286 walked off the job this morning in an “unfair labor practice strike” following the company’s “refusal to negotiate a first contract in good faith.” More than 40 workers in the clerical unit of the Penske Logistics operation in El Paso, TX, voted to form their union more than a year ago. They have allegedly been stonewalled by the company in their attempt to win a first contract. Members are seeking fair pay, real paid time off, and better benefits, particularly health care. Penske Logistics did not immediately respond to an AutoInformed request for comment.
“The company’s refusal to sit down with workers and hash out a deal with fair pay and benefits so workers can care for their families is unacceptable,” said UAW Region 8 Director Tim Smith. “It’s time for Penske to get serious and negotiate in good faith.” Continue reading
Posted in auto news, customer satisfaction, labor issues, news analysis, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, health insurance, Ken Zino, Penske Logistics in El Paso, Tim Smith, UAW Local 286, UAW Region 8, United Automobile Aerospace and Agricultural Implement Workers of America
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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
Posted in auto news, customer satisfaction, electric vehicles, labor issues, litigation, manufacturing, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, CAR Center for Automotive Research, EQE and EQS electric vehicles, GLE and GLS SUVs, Ken Zino, mercedes-benz, Mercedes-Benz Plant Tuscaloosa, nlrb, Shawn fain, uaw
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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
Toyota Releases More Details on Vehicle Certification Fraud
“All the cases are related to certification. The certification system in Japan verifies whether a product meets the established standards mainly in the fields of safety and environment using measurement methods in accordance with rules. Vehicles can only be manufactured and sold after meeting certification test standards. The point of this issue is that the vehicles were mass-produced and sold without going through the correct certification,” Toyoda said. Continue reading →