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Category Archives: results
Toyota Tacoma Pickup Adds First Hybrid Powertrain in 2024
The all-new 2024 Tacoma with i-FORCE MAX models are expected to arrive at Toyota dealerships later this Spring. The Manufacturer’s Suggested Retail Price (MSRP) starts at $46,300 for the TRD Sport grade, excluding delivery processing and handling. Continue reading
Posted in auto news, electric vehicles, marketing, milestones, new vehicle, performance
Tagged 2024 Toyota Tacoma mid-size pickup, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, i-FORCE MAX hybrid powertrain, i-FORCE Max TRD Off-Road, Ken Zino
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Sudden Power Loss Recall – Bronco Sport, Maverick Trucks
“An insufficient calibration strategy for detecting sudden battery degradations during a drive cycle can lead to (a) a vehicle that is unable to restart after an auto start/stop event or (b) experience a stall while coming to a stop at low speed. Either may be accompanied by a loss of 12-volt accessories, including hazard lights,” Ford said in the required filing with the National Highway Traffic Safety Administration, which the Federal safety agency made public today. NHTSA prompted the recall. Continue reading
Posted in customer satisfaction, electronics, engineering, news analysis, public health, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ford recall 24S24, ford recalls, Ken Zino, National Highway Traffic Safety Administration, NHTSA 24V267
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Nissan Arc Business Plan is Sinking?
The forecast sales volume has been lowered to 3.44 million units, net revenue to 12.6 trillion yen, and operating profit to 530 billion yen. Net income is forecast to reach 370 billion yen for fiscal year 2023. “The revision is due to a decrease in sales volume, various cost reliefs made to suppliers such as inflation, and other factors,” Nissan said. Continue reading
NHTSA Probing Whether Ford Fire Recall is Adequate
The National Highway Traffic Safety Administration said just days after this recall was posted by AutoInformed that “The Office of Defects Investigation (ODI) reviewed Ford Motor Company’s proposed remedy for recall 24V-187 and started an investigation.” Continue reading
Posted in auto news, news analysis, quality, recalls, safety
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ford Bronco Sport recalls, Ford Escape recalls, ford recalls, Ken Zino, NHTSA 22V-859, NHTSA 24V-187, NHTSA Office of Defects Investigation
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EV Grumblings – 2025 Toyota Camry Will Be Hybrid Only
The 2025 Toyota Camry sedans are expected to arrive at Toyota dealerships in late spring 2024 with a starting Manufacturer’s Suggested Retail Price (MSRP) of $28,400* – more than $400 less than the outgoing Camry Hybrid base grade and includes more standard features. It is a formidable entry in AutoInformed’s view. Continue reading
GM Energy Offers Electric Vehicle-to-Home Charging
“GM Energy is committed to making the transition to an all-electric lifestyle an even more compelling option by simplifying all aspects of personal energy management,” said Wade Sheffer, vice president of GM Energy. “With the introduction of these new offerings, it has never been easier for our customers to access the expanded benefits of a holistic EV ecosystem, helping to mitigate the impacts of power outages and having the ability to offset certain energy costs over time.” Continue reading
Posted in auto news, connected vehicles, electric vehicles, energy, environment, global warming, milestones, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GM Energy, GM Energy PowerShift Charger, Ken Zino, v2h, vehicle-to-home bidirectional charging, Wade Sheffer
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March 2024 Global Light Vehicle Sales Effectively Flat
The Global Light Vehicle (LV) selling rate stood at 85 million units/year in March, roughly the same with February 2024, according to numbers and analysis released by the GlobalData* consultancy. Worldwide, 8.0 million vehicles were sold last month, a 2% … Continue reading
Ford Again Recalls Bronco Sport and Escape SUVs for Fires
Ford Motor Company (NYSE: F) is recalling more than 420,00 2022-2023 Bronco Sport and 2022 Escape vehicles because of engine fires. Affected SUVs are equipped with 1.5-liter engines where a fuel injector may crack and leak fuel inside the engine compartment, Ford said in the required filing that the National Highway Traffic Safety Administration made public this morning. This is an expansion of a previous fire recall since the original remedy was inadequate on what was then called the Dragon engine. Continue reading
Posted in auto news, customer satisfaction, electronics, news analysis, public health, quality, recalls
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bronco recalls, Bronco sport recalls, Ford Bronco recalls, Ford Escape recalls, Ford recall 24S16, ford recalls, Ken Zino, National Highway Traffic Safety Administration, NHTSA 24V187
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EPA – U.S. Greenhouse Gas Emissions Increase in 2022
The U.S. Environmental Protection Agency today released its latest annual Inventory of U.S. Greenhouse Gas Emissions and Sinks (GHG Inventory),* which presents an overview of annual greenhouse gas emissions from 1990 to 2022. Net U.S. greenhouse gas emissions were 5,489 million metric tons of carbon dioxide equivalent in 2022, a 1.3% increase in emissions from 2021. EPA said the increase is mostly due to higher energy use in 2022, reflecting the continued recovery in economic activity following the height of the coronavirus pandemic. Crucially, emissions have declined 17% overall since 2005. Continue reading
Posted in economy, environment, fuel economy or emissions, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carbon dioxide, hydrofluorocarbons, Inventory of U.S. Greenhouse Gas Emissions, Joseph Goffman, Ken Zino, methane, nitrogen trifluoride, nitrous oxide, perfluorocarbons, sulfur hexafluoride, U.S. Environmental Protection Agency, United Nations Framework Convention on Climate Change
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March Western European Passenger Vehicle Sales Up. But…
The Western Europe passenger vehicle (PV) selling rate slipped backwards in March, to 11.3 million units/year, with 1.3 million vehicle registrations, according to the respected GlobalData* consultancy. This is 2.5% below March of 2023. However, year-to-date (YTD) sales increased by … Continue reading
Posted in auto news, economy, manufacturing, marketing, new vehicle, news analysis, results
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, GlobalData, Ken Zino, March EU passenger vehicle sales, March Western European Passenger Vehicle Sales
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More US Jobs Coming from Chips and Science Act
With investments such as those at TSMC Arizona, the United States is now on track to produce roughly 20% of the world’s leading-edge chips by 2030. With total capital expenditures of more than $65 billion, TSMC Arizona’s investment is the largest foreign direct investment in a greenfield project in U.S. history. Continue reading
Posted in economy, electric vehicles, electronics, manufacturing, milestones, news analysis
Tagged 2 Nanometer or More Advanced Chips, AMD, apple, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Bidenomics, CHIPS and Science Act, Dr. Mark Liu, Ken Zino, large-scale datacenters, machine learning, NVIDIA, President Joe Biden, Qualcomm, Taiwan Semiconductor Manufacturing Company, The U.S. Department of Commerce, TSMC Arizona Corporation
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SEC Gets Final Judgment Against Volkswagen on Dieselgate
The final judgment orders VWGOAF to pay $34.35 million in disgorgement and $14.4 million in prejudgment interest. Following the entry of the final judgment, the SEC dismissed its outstanding claims against VWGOAF’s ultimate parent company, Volkswagen AG, and Volkswagen AG’s former CEO, Martin Winterkorn. The Court had previously dismissed the SEC’s claims against VW Credit, Inc. on 20 August 2020. These actions have resolved the SEC’s case against Volkswagen in its entirety. Continue reading
Posted in environment, fools 'n frauds, fuel economy or emissions, litigation, marketing, news analysis, public health
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, sec, Securities Act of 1933, U.S. Securities and Exchange Commission, Volkswagen Group of America Finance, VWGOAF
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Mercedes-Benz Alabama Workers Ask NLRB for Union Vote
Energy appears to be on the side of the union. Alabama has been a so-called “right to work state (for less?) since 2016, meaning that union-membership is not required for employment. By late February, less than two months after Mercedes workers went public with their drive to join the UAW, a majority of them had signed union cards.
The Mercedes workers are part of the growing national movement of non-union autoworkers organizing to join the UAW in the wake of the historic Stand Up Strike victory at the Big Three auto companies last fall. More than 10,000 non-union autoworkers have signed union cards in recent months, with public campaigns launched at Mercedes, Volkswagen, Hyundai in Montgomery, Ala., and Toyota in Troy, Mo. Workers at least two dozen other facilities are also actively organizing. The main event in this fight will likely be at Tesla in AutoInformed’s view with Twitter owner Elon Musk, mustering all the anti-worker tweets he can. Continue reading
Posted in auto news, customer satisfaction, economy, labor issues, manufacturing, milestones, news analysis, people
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, elon musk, Ken Zino, Mercedes-Benz Tuscaloosa Alabama, National Labor Relations Board, tesla, uaw
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Ford Motor Posts Q1 2024 Net Income of $1.3 Billion
Ford Motor (NYSE: F) late yesterday posted weak 2024 Q1 operating results of $42.8 billion in revenue (+1.3B YoY), net income of $1.3 billion (-1.1%), and adjusted EBIT of $2.8 billion (-6%) as global sales dropped 11,000 vehicles to 1,045,000. Ford nonetheless declared a second-quarter regular dividend of 15 cents per share, payable 3 June to shareholders of record at the close of business on 8 May 2024. Continue reading →