Category Archives: results

Longtime Nissan COO Ashwani Gupta Leaving

The timing is less than ideal for the Alliance, which arguably has not recovered from the Carlos Ghosn matter. Now, more internal strife and likely damaging infighting have appeared at Nissan. Only four months ago Renault, Nissan and the Alliance said that they are taking new steps to increase value for stakeholders. These include operational projects in Latin America, India and Europe; enhanced strategic agility with new initiatives that partners can join; and a re-balanced Renault Group-Nissan cross-shareholding and reinforced Alliance governance. The Boards of Directors of Renault Group and Nissan Motor have approved these changes.  Continue reading

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Automakers Remain Challenged in Search for EV Buyers

Affecting the slight year-over-year increases are a combination of positive and negative market elements such as lower gas prices, inflation, rising interest rates, greater model availability and charging availability. Charging availability is growing more slowly year over year (13% vs 33% in 2022), while model availability has increased, with 42% of buyers now having a viable EV model that meets their needs in Power’s view. Continue reading

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FedEx Canada Receives first BrightDrop Zevo’s

FedEx Express Canada in Toronto today received  its first 50 BrightDrop Zevo 600 electric delivery The introduction of BrightDrop’s electric vans into the FedEx fleet in Canada is part of the company’s goal to transform its entire parcel pickup and delivery (aka PUD – we didn’t make this acronym up they did – AutoCrat) fleet to all-electric, zero-tailpipe emission vehicles by 2040. Continue reading

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Nancy Edelbrock of California Hot Rodding Royalty Passes

“It is with heavy hearts and profound sadness that we announce the passing of Nancy Edelbrock, a loving wife, devoted mother, and cherished friend of many in the Edelbrock family. Nancy left this world on 10 June 2023, leaving behind a legacy of love, kindness, and unwavering strength,” the Edelbrock Group has posted on its website. Continue reading

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GM Adding Tesla Supercharger Network to Ultium Charge 360

General Motors Co. (NYSE: GM) is following Ford Motor Company expanding EV charging access to the Tesla supercharger network. GM customers will be able to access 12,000 Tesla Superchargers and growing beginning in early 2024 as part of the ongoing Ultium Charge 360 plan to expand access for residential, work and public charging. This builds on the more than 134,000 chargers available to GM EV drivers today through the company’s Ultium Charge 360 program and associated mobile apps. Continue reading

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NHTSA Issues Consumer Alert for Ford and Lincoln Fires

In an urgent move The National Highway Traffic Safety Administration has just issued a rare CONSUMER ALERT warning that Ford Motor Company has issued a new recall for 125,322 model year 2020-2023 Ford Escape, 2022-2023 Ford Maverick and 2021-2023 Lincoln Corsair vehicles for a risk of fire due to engine failure. Ford advises customers to safely park and shut off the engine as quickly as possible if they hear unexpected engine noises, lose power, or see or smell smoke. Continue reading

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Toyota to Build New Auto Battery Lab at Michigan R&D Site

“This new investment in our North American R&D operation, which has been a key pillar of the Michigan automotive industry for more than 50 years, shows Toyota’s directional shift towards electrification for all,” said Shinichi Yasui, executive vice president of Toyota Motor North America (TMNA), Research and Development. Continue reading

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Stellantis to Buy Back More Shares

Stellantis is one of the world’s leading automakers and a mobility provider. Its brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2Move and Leasys. Stellantis N.V. posted record full year 2022 results with €16.8 billion Net profit and €23.3 billion Adjusted Operating Income (AOI). Stellantis was formed by a merger of FCA and PSA in January of 2021. Continue reading

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US Auto Sales Soar in May

“After a particularly robust result in April, it would not have been surprising if May sales were a little disappointing, but instead, we interpret May’s outcome as another encouraging one for the industry,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading

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Stellantis, Vulcan Sign Deal for Renewable Energy at Mulhouse

Mulhouse is where the DS7, Peugeot 308 and e-308, 508, and the new 408 are made. Based on current assumptions, the project could provide a significant portion of the industrial site’s annual energy needs starting in 2026, Stellantis said. It’s the latest move in the Stellantis fight against climate change with its ambitious goal of reaching carbon net zero emissions by 2038, with a 50% reduction by end of this decade. Continue reading

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GM Adding Active Safety Systems to 98% of its 2023 Vehicles

“GM has gone well beyond the safety commitment we made to our customers for the 2023 model year, with a handful of additional standard safety features shown to bring real-world results,” claimed John Capp, director, Vehicle Safety Technology, Strategy and Regulations. “As we look ahead toward a future vision of zero crashes, zero emissions and zero congestion, these technologies are significant building blocks with proven benefits for reducing common crashes.” Continue reading

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Toyota to Assemble Three-Row Electric SUV in Kentucky

Toyota claims it currently offers 22 electrified vehicle options in the US at the Toyota and Lexus brands, the most among any automaker. By 2025, Toyota plans to have an electrified option available for every Toyota and Lexus model globally. During the last two years, Toyota said it has invested more than $8 billion in its US manufacturing operations primarily to support its product electrification efforts. Continue reading

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Short Circuit – Electric Vehicle Smartphone Apps

 “Even though EV app usage has increased over time, the app features EV owners say are most important to them are among those that have the lowest satisfaction,” said Jason Norton, senior manager of global automotive consulting at J.D. Power. “Manufacturers need to focus on improving the performance of the areas that matter most to EV owners in order to maximize their impact and elevate the user experience.” Continue reading

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Stellantis, TotalEnergies, Mercedes-Benz Open Battery Factory

Stellantis (NYSE: STLA), TotalEnergies and Mercedes-Benz, celebrated today the inauguration of  the Automotive Cells Company’s (ACC) battery factory in Billy-Berclau Douvrin, France, the first of three planned in Europe. Continue reading

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Toyota, Honda, GM Lead in Supplier Relations

“The industry continues to face unprecedented challenges in the shift to EVs that unless effectively addressed will only get worse,” said David Andrea, Principal in Plante Moran’s Strategy and Automotive & Mobility Consulting Practice, which conducts the annual Study. “During Covid, a ‘war room’ approach was adopted to quickly resolve critical issues. That approach is what auto manufacturers need to maintain during the transition to EV technologies. The industry needs that level of collaboration, even without the pressure of a crisis.” Continue reading

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